The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying deliveries of products. Vessels aren’t able to come back to Asia in time, and ocean carriers are canceling sailings on … Read more
Health Minister Mark Holland says Florida’s plan to import cheaper Canadian pharmaceuticals is a non-starter and the federal government will use its regulatory power to ensure the national drug supply does not face any shortages due to actions by a foreign state. “There is no way we will allow any jurisdiction, be it a state or another … Read more
Rep. Eric Swalwell (D-CA) didn’t mince words when it came to the House GOP’s move to hold Hunter Biden in contempt of Congress for allegedly violating a subpoena. Instead, he turned the tables on House Judiciary Committee Chair Rep. Jim Jordan (R-OH), who has ignored a subpoena for more than 600 days and counting. In … Read more
Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, believes the recent electric vehicle targets set out by Canada’s environment minister also carried this pointed message to Canada’s domestic auto industry: “Let them eat cake.” Volpe says he has come to this conclusion because he believes those goals, which include a national target of 100 per cent zero-emission vehicle sales by 2035, cannot be … Read more
Colorado taxpayers won’t have to pay federal income taxes on their state refunds this filing season, according to two elected officials, after the IRS resolved uncertainty surrounding that issue — at least for now. U.S. Sen. Michael Bennet and Gov. Jared Polis confirmed the Internal Revenue Service’s decision during a Tuesday meeting with IRS representatives, … Read more
Greece has been struggling with forest fires that could not be controlled for 10 days on July 27, 2023 in Rhodes, Greece. Dia Images | Getty Images News | Getty Images Scientists on Tuesday confirmed 2023 as the hottest year on record and warned that the planet is now within touching distance of smashing through … Read more
In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 in Portland, Oregon, on Jan. 7, 2024. National Transportation Safety Board via AP Boeing CEO Dave Calhoun on Tuesday said the company acknowledges “our mistake,” after a door plug on a 737 … Read more
Rep. Elise Stefanik (R-NY) sparked a bevy of criticism over the weekend when she called January 6th defendants “hostages” – parroting recent rhetoric from former President Donald Trump. Among the backlash to Stefanik was a report from NBC News highlighting the objections of Israeli families of hostages still being held captive by Hamas in Gaza. … Read more
A job fair in China’s southwestern city of Chongqing on April 11, 2023. Str | Afp | Getty Images The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank. Global growth is forecast to slow for the third year in a row in … Read more
PARIS, FRANCE – DECEMBER 20: French Education Minister Gabriel Attal during the weekly cabinet meeting at the presidential Elysee Palace on December 20 2023 in Paris, France. (Photo by Christian Liewig – Corbis/Getty Images) Christian Liewig – Corbis | Corbis News | Getty Images French President Emmanuel Macron on Tuesday named Gabriel Attal as the … Read more
