Posts by Amelia Frost
How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
[ad_1] The largest refinery in the Midwest will have an unpalatable choice if President Trump imposes tariffs on Canadian oil: Pay more for the crude that it transforms into gasoline and diesel, or slash production. Both options threaten to increase prices at the pump, albeit modestly if Mr. Trump sticks with the 10 percent rate…
Read MoreKremlin: ‘Significant Part Of Ukraine Wants To Be Russia’
[ad_1] The Kremlin said Tuesday that a “significant part” of Ukraine “wants to be Russia,” hours after US President Donald Trump floated the idea that Ukraine “may be Russian someday.” Addressing the three-year conflict between Moscow and Kyiv in a Fox News interview that aired Monday, Trump said: “(Ukraine) may make a deal, they may…
Read MoreSteel and Aluminum Tariffs May Raise US Manufacturing Costs
[ad_1] America has seen this movie before: President Trump, who imposed stiff tariffs on Monday on imported steel and aluminum, did so once before, in 2018. So domestic industries have a pretty good idea of how the story ends. Manufacturers of trucks, appliances and construction equipment scramble to find U.S. sources of metal inputs, keeping…
Read MoreFed Chair Faces Lawmakers at a Critical Juncture
[ad_1] When Jerome H. Powell, chair of the Federal Reserve, last testified in front of Congress in July, he hailed the “considerable progress” the central bank had made in taming rapid inflation and set the stage for a pivot toward lower interest rates. Mr. Powell confronts a far different economic and political landscape as he…
Read MoreBP Pledges Strategic ‘Reset’ As Profit Tumbles
[ad_1] Britain’s BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to “fundamentally reset” its strategy. Profit after tax tumbled to $381 million in 2024 from $15.2 billion in 2023, owing to weaker refining margins, asset write-downs and unfavourable accounting effects linked to…
Read MoreCostco, Trader Joe’s Impose Limit On Egg Purchases As Avian Flu Hits Supply
[ad_1] An egg shortage triggered by avian flu has prompted several grocery stores, including , Costco, and Trader Joe’s, to limit purchases per customer. Trader Joe’s, which has around 600 stores across the U.S., is allowing customers to purchase only one dozen eggs per day. “We hope these limits will help to ensure that as…
Read MoreNew York State Bans DeepSeek On Government Devices Over Privacy, Surveillance Concerns
[ad_1] New York State has issued a ban on the Chinese-developed artificial intelligence assistant, DeepSeek, from being used on state government devices. Governor Kathy Hochul made the announcement on Monday, confirming the statewide prohibition on the DeepSeek AI application from being downloaded onto government-managed devices and networks. “Public safety is my top priority and we’re…
Read MoreSouth Korea’s Yoon Blames ‘Malicious’ Opposition For Martial Law Bid
[ad_1] South Korea’s suspended President Yoon Suk Yeol blamed the “malicious” opposition for his decision to declare martial law, telling a court on Tuesday that their refusal to applaud him or shake his hand exposed their plans to “destroy” his government. The former prosecutor plunged democratic South Korea into political turmoil when he declared martial…
Read MoreTrump Blasts ‘Pocahontas’ Sen. Warren, Says Reporter Has ‘More Indian Blood Than She Has’
[ad_1] KEY POINTS Trump called Warren ‘Pocahontas,’ reviving years-long questions about the senator’s claims over her Native American ancestry The president said Warren used her Native American heritage claims to get into college and secure jobs Warren apologized in 2018 for her attempts to use DNA test results to prove her Native American heritage U.S.…
Read MoreWho Needs Hollywood? Chinese Animated Film Shatters Box Office Records.
[ad_1] The new king of the Chinese box office is an adorably ugly, demonic child fighting off monsters. In less than two weeks since its release, “Ne Zha 2,” an animated film based loosely on Chinese mythology and a famous 16th century novel, has become the highest-grossing movie ever in China, with more than $1…
Read MorePhilippine Divorce Activists Vow To Fight On
[ad_1] In her bid to convince lawmakers to legalise divorce, Filipina fruit vendor Avelina Anuran has publicly testified about the abuse she said she regularly endured at the hands of her husband. She also keeps a copy of the medical certificate from the bloody injuries she says he inflicted, hoping it might one day serve…
Read MoreVirus Disinformation Drives Anti-China Sentiment, Lockdown Fears
[ad_1] A deluge of disinformation about a flu-like virus called HMPV is stoking anti-China sentiment across Asia and spurring unfounded concerns of renewed lockdowns, despite experts dismissing comparisons with the Covid-19 pandemic five years ago. AFP’s fact-checkers have debunked a slew of social media posts about the usually non-fatal respiratory disease human metapneumovirus after cases…
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