Posts by Amelia Frost
US Flights Carrying Detained Migrants To Guantanamo ‘Underway’
[ad_1] The first US flights carrying detained migrants to America’s notorious Guantanamo military base in Cuba were underway Tuesday as President Donald Trump’s administration cracks down on illegal migration, the White House said. Guantanamo is primarily known as a detention center for suspects accused of terrorism-related offenses, but the base also has a history of…
Read MoreElection Rematch For Ecuador’s President, Main Rival
[ad_1] In Ecuador’s presidential election, both top candidates want a second chance. Incumbent Daniel Noboa to finish his crackdown on narco violence, and lawyer Luisa Gonzalez to become the country’s first elected woman president. On Sunday, they will face off for the top post for the second time in less than 16 months. Noboa, in…
Read MoreTrump, China’s Xi Set To Speak On Tariff Battle
[ad_1] US President Donald Trump and Chinese counterpart Xi Jinping are expected to speak by phone on Tuesday, just hours after slapping tariffs on each other’s economies in an escalating trade war. Beijing said it was imposing levies on imports of US energy, vehicles and equipment in a return salvo minutes after Trump’s threatened tariffs…
Read MoreRFK’s Nomination Passes First Test And Heads to Senate Floor
[ad_1] A lawyer working with Robert F. Kennedy Jr. demanded that the government stop distributing vaccines, and wanted to have approval withdrawn for the polio vaccine. Rebecca Noble/Getty Images Members of the Senate Finance Committee voted 14-13 to send the nomination of Robert F. Kennedy Jr. to be President Donald Trump’s Health and Human Services…
Read MoreFerrari Reports Another Record-Breaking Year
[ad_1] Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to more than 1.5 billion euros last year. Profit was up 21 percent on the previous year to 1.53 billion euros ($1.58 billion), beating the 1.46 billion euros predicted by analysts surveyed by Factset. Net profit in the…
Read MoreOrdinary Chinese Stoic In The Face Of Escalating US Trade War
[ad_1] After China announced retaliatory tariffs against the United States, walkers along Shanghai’s waterfront were stoic Tuesday in face of both the cold and the prospect of an escalating trade war. The tariffs on US energy, vehicles and equipment were unveiled minutes after additional levies on Chinese goods announced Saturday by US President Donald Trump…
Read MoreAI Regulation Around The World
[ad_1] Countries and economic blocs around the world are at different stages of regulating artificial intelligence, from a relative “Wild West” in the United States to highly complex rules in the European Union. Here are some key points about regulation in major jurisdictions, ahead of the Paris AI summit on February 10-11: Returning President Donald…
Read MoreHow a Sale of TikTok Would Work and Who Might Buy It
[ad_1] There’s a new parlor game on Wall Street: guessing TikTok’s next owner. President Trump signed an executive order in January that delayed enforcement of a law that banned the popular video app. Under the order, the app must now be sold to a non-Chinese owner by early April. Since he signed the order, Mr.…
Read MoreTequila Maker Diageo Axes Sales Target On Trump Tariffs
[ad_1] Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump’s tariff plans set to sour its US sales of tequila and Canadian spirits. The British group, whose brands include also Smirnoff vodka, Baileys liqueur and Captain Morgan rum, has in recent times been impacted…
Read MoreWhere Things Stand In China-US Trade Tensions
[ad_1] China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts. That came just minutes after a 10 percent tariff hike on Chinese goods, announced by US President Donald Trump on Saturday, came into effect. Here’s…
Read MoreFed Official Pushes Back on Pre-emptive Policy Moves
[ad_1] Federal Reserve officials wrapped up their final meeting of 2024 with splits surfacing over how many more interest rate cuts they should make given strong economic growth, lingering inflation and huge uncertainty ahead of Donald J. Trump’s return to the White House. Weeks later, they unanimously pressed pause on rate cuts and now appear…
Read MoreWhy These Companies in Louisville, Ky., Fear Trump’s Tariffs
[ad_1] The people running CRG Automation are not openly rooting for global economic chaos, but they concede that they are in a perfect position to profit from it. The more that international trade is challenged by uncertainty — like President Trump’s threatened tariffs, or conflicts and crises that impede shipping — the greater the pressure…
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