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Trump nominated Powell to lead the Fed during his first term in the White House
Trump says he has 'no intention of firing' Fed boss
WASHINGTON — US President Donald Trump says he has "no intention of firing" Jerome Powell after repeatedly criticizing the head of the Federal Reserve.But he added that he would like Powell to be "a little more active" when it comes to cutting interest rates.Speaking in the Oval Office on Tuesday, Trump also said he is optimistic about improving trade relations with China.Last week, the president intensified his criticism of the Fed chief, calling him "a major loser". The comments sparked a selloff of stocks, bonds and the US dollar, but financial markets have since been recovering from those losses.The latest remarks came after the director of the National Economic Council Director Kevin Hassett said on Friday that Trump was looking into whether it would be...
April 23, 2025

Trump says he has 'no intention of firing' Fed boss

US President Donald Trump speaks to reporters in the Oval Office of the White House on April 22, 2025 in Washington, DC
Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn
HONG KONG/WASHINGTON — US President Donald Trump has signaled a potential U-turn on his trade war with China, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.”Trump’s remarks, made at a White House news event Tuesday, appear to mark a rhetorical climbdown after weeks of tough posturing and tit-for-tat retaliation that sent tariffs on China beyond a staggering 145%.“145% is very high and it won’t be that high,” Trump said in a question-and-answer session with reporters in the Oval Office. “It won’t be anywhere near that high. It’ll come down substantially. But it won’t be zero.”Trump made the comments when asked about Treasury Secretary Scott Bessent’s remarks earlier in the day that the high tariff rates between the...
April 23, 2025

Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn

The completed tunnel will slash travel times between Hamburg and Copenhagen
Record-breaking tunnel being built from Denmark to Germany
COPENHAGEN — A record-breaking tunnel is being built under the Baltic Sea between Denmark and Germany, which will slash travel times and improve Scandinavia's links with the rest of Europe.Running for 18km (11 miles), the Fehmarnbelt will be the world's longest pre-fabricated road and rail tunnel.It's also a remarkable feat of engineering, that will see segments of the tunnel placed on top of the seafloor, and then joined together.The project's main construction site is located at the northern entrance to the tunnel, on the coast of Lolland island in the southeast of Denmark.The facility spans more than 500 hectares (1,235 acres), and includes a harbor and a factory that is manufacturing the tunnel sections, which are called "elements"."It's a huge...
April 23, 2025

Record-breaking tunnel being built from Denmark to Germany

Elon Musk (left) with Donald Trump outside the White House (file photo)
Musk to reduce Doge role after Tesla profits plunge
WASHINGTON — Tesla boss Elon Musk says he will cut back his role in Donald Trump's administration after the company's profits and revenues plunged during the first three months of the year.Sales slumped and the brand faced backlash as Musk became a political fixture in the White House.On Tuesday, the firm reported a 20% drop in automotive revenue in the first quarter of 2025, compared with the same period last year, while profits fell more than 70%.The company warned investors that the pain could continue, declining to offer a growth forecast while saying "changing political sentiment" could meaningfully hurt demand.The recent dip in the company's fortunes came amid an outcry over Musk's role in Trump's new administration, which he acknowledged had taken his...
April 23, 2025

Musk to reduce Doge role after Tesla profits plunge

About a quarter of Canada's eligible voters already cast their ballots, according to federal elections data
Early turnout shatters record in Canada polls with 7.3m ballots cast
TORONTO — More than 7 million Canadians have cast their ballots in advance, setting a new record for early voter turnout, Elections Canada says.Advance polling stations were open across the country for four days, from Friday to Monday, over the Easter long weekend. Poll workers reported long lines, with two million people casting their ballots last Friday alone.With less than one week to go before election day on 28 April, federal leaders are now in the final stretch of campaigning.Voters will consider which party should govern the country amid an ongoing trade war with the US and President Donald Trump's repeated comments about making Canada the 51st US state.Elections Canada, the organization which runs federal elections, said 7.3 million Canadians — about a quarter of eligible...
April 23, 2025

Early turnout shatters record in Canada polls with 7.3m ballots cast

The fire broke out in a plastic landfill in the village of Rynholec, in the central part of the Czech Republic's Bohemian region
Firefighters battle massive fire at plastic landfill in central Czech Republic
PRAGUE — A massive fire broke out on Monday evening at a plastic landfill in the Czech Republic, prompting authorities to issue a level-2 alert and mount a large firefighting response, according to local media.Several firefighters have been injured in the blaze.The fire in the village of Rynholec, in the central part of the Czech Republic's Bohemian region, covered an area of at least 450 square meters with flames as high as five meters.Some 250 firefighters with more than 100 pieces of equipment were dispatched to battle the rapidly spreading blaze that was burning through loose plastic waste.Fourteen firefighters were treated for the effects of overheating, while one was treated for burns.The goal for firefighters on Tuesday morning was to prevent the blaze from spreading to...
April 23, 2025

Firefighters battle massive fire at plastic landfill in central Czech Republic

Pope Francis
Pope Francis died from stroke followed by heart failure, Vatican says
ROME — Pope Francis passed away due to a stroke and irreversible cardiovascular arrest, according to the death certificate released by Vatican doctor Andrea Arcangeli.The document, which was released by The Vatican, also noted that the pope had fallen into a coma before his death. In addition to his recent lung infection, Arcangeli stated that Francis had been battling high blood pressure and diabetes.The 88-year-old pontiff recently spent five weeks in a Rome hospital, battling against a life-threatening bout of double pneumonia, but returned to the Vatican and lighter duties toward the end of March.It was not his first encounter with pulmonary issues as Francis suffered from chronic lung disease his entire life, even having part of his lung removed as a young man.Francis made his last...
April 22, 2025

Pope Francis died from stroke followed by heart failure, Vatican says

Filipino and US soldiers participate during a joint military drill called Salaknib at Fort Magsaysay, Nueva Ecija province, northern Philippines on 31 March 2025
US and Philippine forces launch joint annual combat drills amid tensions with China
MANILA — Thousands of American and Filipino troops have launched joint military exercises simulating the defense of the Asian archipelago, including a mock island invasion, in a large-scale drill that has drawn sharp criticism from China.The annual Balikatan (Tagalog for "shoulder to shoulder") exercises, which will run until 9 May, involve around 9,000 US and 5,000 Filipino military personnel.Australian forces have also joined and Japan and other nations have sent observers.US and Philippine military leaders described this year's drill as a "full-scale battle scenario," featuring warships, fighter jets and high-powered weaponry, including a US Marine anti-ship missile system."Our combined strength...possesses a degree of lethality for a force that possesses...
April 22, 2025

US and Philippine forces launch joint annual combat drills amid tensions with China

Rescuers work at the site a high-rise building under construction that collapsed after an earthquake in Bangkok, 28 March, 2025
Thai-Chinese company denies ignoring safety after quake caused block to collapse
BANGKOK — A Thai-Chinese company has denied allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok.Authorities are probing Xin Ke Yuan Steel and another Chinese contractor involved in the construction to find out why the building crumbled following a quake centered in Myanmar, more than 1,200 kilometers away.It was the only building in the Thai capital that completely collapsed that day.The 7.7 magnitude quake on 28 March killed more than 3,700 people in Myanmar, while in Thailand, 47 people lost their lives, mostly at the building collapse site.The collapse sparked questions about the enforcement of construction safety and the...
April 22, 2025

Thai-Chinese company denies ignoring safety after quake caused block to collapse

Homeland Security Secretary Kristi Noem speaks during a news conference at the Immigration and Customs Enforcement headquarters on April 9, 2025, in Washington
Homeland Security Secretary Kristi Noem’s bag stolen from Washington restaurant
WASHINGTON — Department of Homeland Security Secretary Kristi Noem fell victim to a thief while eating dinner at a downtown Washington, DC, restaurant Sunday night, the secretary confirmed Monday.Noem, who was asked about the theft at the White House Easter Egg Roll, acknowledged the incident and said the matter has not been resolved.The Secret Service, which provides security for Noem, reviewed security camera footage at the Capital Burger restaurant and saw an unknown white male wearing a medical mask steal her bag and leave the restaurant, a law enforcement source said.The thief got away with Noem’s driver’s license, medication, apartment keys, passport, DHS access badge, makeup bag, blank checks, and about $3,000 in cash.The Secret Service has launched an investigation to trace...
April 22, 2025

Homeland Security Secretary Kristi Noem’s bag stolen from Washington restaurant

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