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SYDNEY, Australia (AFP) — Australia’s central bank chief Wednesday slammed Donald Trump’s decision to levy steel tariffs as “bad policy” and warned of “a very big shock” to the global economy if it sparks retaliation. The US president plans to impose a 25 percent tax on imported steel and 10 percent on aluminium in a move that has raised fears of a trade war. It led to the White House’s top economic advisor, Gary Cohn, […]
SYDNEY, Australia (AFP) — Critical relief supplies are finally flowing into areas of Papua New Guinea devastated by a strong earthquake, Prime Minister Peter O’Neill said, as another 6.7-magnitude tremor rocked the region Wednesday. At least 67 people were killed by the initial quake in the Pacific nation’s mountainous interior on February 26, according to the Red Cross, with 500 injured and 17,000 displaced. Aid has yet to reach isolated parts of the Southern Highlands, […]
by Joshua Howat BERGER Agence France Presse MEXICO CITY, Mexico (AFP) — Mexico threatened Tuesday to retaliate against President Donald Trump’s planned steel and aluminum tariffs by hitting the most “politically sensitive” US exports with tariffs of its own, the latest signal of a brewing trade war. Speaking a day after Trump shot down Mexican and Canadian proposals that the neighboring nations be granted an exemption from the steep US tariffs, Economy Minister Ildefonso Guajardo […]
by Andrew Beatty, with Jung Hawon in Seoul Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump Tuesday welcomed North Korea’s breakthrough offer of denuclearization talks as positive — and apparently sincere — saying the standoff over Pyongyang’s weapons drive would not be allowed to “fester.” Seoul earlier announced the two Koreas would hold a historic summit in the Demilitarized Zone next month — and that the North’s leader Kim Jong Un […]
by Andrew BEATTY Agence France Presse WASHINGTON, United States (AFP) — Donald Trump’s White House was rocked by another high-profile resignation Tuesday, as top economic advisor Gary Cohn quit in protest at the president’s decision to levy global steel tariffs. “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people,” Cohn said in a terse statement that belied fierce infighting in Trump’s tumultuous White House. Cohn […]
BRASILIA, Brazil (AFP) – A top Brazilian court Tuesday rejected a bid by former president Luiz Inacio Lula da Silva to stave off prison, ruling he can be arrested if his 12 year jail sentence is upheld on appeal. The Superior Court of Justice rejected Lula’s habeas corpus petition in a unanimous ruling that sharply raises the risk of prison on corruption charges and money-laundering for the popular leftist leader. The ruling further complicates the 72-year-old’s bid to run […]
by Jung Hawon with Andrew Beatty in Washington Agence France-Presse SEOUL, South Korea – North and South Korea will hold a historic summit in the Demilitarized Zone next month after Pyongyang expressed willingness to give up its nuclear weapons in exchange for security guarantees, South Korea’s national security adviser said Tuesday. The North is open to “frank” talks with the United States on denuclearization and would suspend missile and nuclear tests while dialogue was under way, Chung […]
by Michael Mathes Agence France-Presse WASHINGTON, United States – Congressional Republicans occasionally confront Donald Trump on issues from immigration to diplomacy, but it is rare for them to bluntly oppose the US president on economic policy. That changed when he proposed tariffs on steel imports. Trump’s successes of 2017 — slashing regulations on US industry, hard-won tax cuts and soaring consumer confidence — won plaudits among conservatives like House Speaker Paul Ryan. But Trump’s aggressive plan to punish trade […]
by Jitendra JOSHI with Alice RITCHIE in London Agence France-Presse SALISBURY, United Kingdom – Britain warned Tuesday it would respond “robustly” if it emerged that a government was behind the suspected poisoning of a former Russian double agent found unconscious on a street bench in England, prompting a swift rebuke from Russia. Foreign Secretary Boris Johnson said Britain would “take whatever measures we deem necessary” and even appeared to suggest England could pull out of the 2018 football […]
SPRINGFIELD, VA (Eagle News) — A van catches fire on Interstate 95 North Expressway south of Franconia/Springfield exit causing heavy traffic in both directions during the already congested morning commute in Northern Virginia on Tuesday, March 6, 2018.
https://youtu.be/FmVfNmJKEMA SEOUL, South Korea (AFP) — North Korean leader Kim Jong Un discussed a possible summit with envoys from the South’s President Moon Jae-in, both sides said Tuesday, in the latest step of an Olympics-driven rapprochement on the divided peninsula. The delegation from Seoul is the most senior to travel North for more than a decade, and comes as Moon tries to broker talks between nuclear-armed Pyongyang and Washington after months of high tensions. The […]
SEOUL, South Korea (AFP) — North and South Korea have agreed to hold a summit at their heavily armed border next month, with Pyongyang saying it would consider abandoning nuclear weapons in exchange for security guarantees, Seoul said Tuesday. If confirmed by Pyongyang, the offer would mark the first time under the current leadership the North had declared itself willing to discuss conditions under which it might consider giving up its nuclear arsenal -– […]
