Posts by Amelia Frost
Bangladesh’s Influential Islamists Promise Sharia As They Ready For Polls
Bangladesh’s Islamists are readying to make political gains after being crushed for years by the government that was overthrown in a mass uprising last year, rallying hardline loyalists for eagerly anticipated elections. “We are pretty confident about entering the parliament in the next election,” Muhammad Mamunul Haque, joint secretary of Hefazat-e-Islam, an influential coalition of…
Read MoreAustralian PM Says Battle Ahead To Win Election
Australian Prime Minister Anthony Albanese says he has a “mountain to climb” in elections Saturday, despite leading the opinion polls, in a contest swayed by living costs and Trump tariffs. Surveys give Albanese’s left-leaning Labor Party a narrow lead over the conservative opposition on a two-party preferred basis. If they are right, Albanese, 62, could…
Read MoreAustralian Triple-murder Suspect Never Asked After Poisoned Guests: Husband
An Australian woman accused of murdering three people by dishing up a toxic mushroom-laced beef Wellington never asked after her dying guests’ wellbeing, her husband told a court Friday. Erin Patterson, 50, is charged with three murders — the parents and aunt of her estranged husband — and one attempted murder. She has pleaded not…
Read MoreUK Court To Rule On Prince Harry Security Appeal
Prince Harry will learn Friday whether his bid to restore his UK police protection has been upheld, in an appeals court verdict that could determine how often the estranged royal visits Britain. King Charles III’s youngest son has been embroiled in the years-long legal saga — one of many — since the UK government downgraded…
Read MoreTrump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move will help U.S. manufacturers that have struggled to compete with a wave of low-cost Chinese products, but it has already resulted in higher prices for Americans who shop online. The…
Read MoreHow a U.S. Tax Loophole Supercharged China’s Exports
When Congress raised the threshold for imported goods to enter the United States tax-free to $800 from $200 nearly a decade ago, it threw open the door to the American consumer market. Chinese companies rushed in. First on platforms like eBay and Amazon, and then on apps like Shein and Temu, exporters funneled the products…
Read MoreChina Says Open To US Trade Talks Offer But Wants Tariffs Scrapped
China said Friday it is evaluating a US offer for negotiations on tariffs but insisted Washington must be ready to scrap levies that have roiled global markets and supply chains before talks can begin. Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April while Beijing has responded…
Read MoreU.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles
Now that the United States has secured a deal to share the rights to Ukraine’s mineral reserves — including elements crucial for a range of high-tech applications, from powering electric vehicles to producing warplanes and tanks — the path to actually extracting the minerals is fraught with formidable challenges and uncertainty. And ending the war…
Read MoreSouth Korea Former PM Launches Presidential Bid
South Korea’s former prime minister Han Duck-soo announced his bid for the presidency on Friday, joining the race in a snap election triggered by the impeachment of ex-president. The June 3 vote will decide who replaces impeached former president Yoon Suk Yeol, who was removed from office ov his ill-fated declaration of martial law in…
Read MoreRio Goes Gaga For US Singer Ahead Of Free Concert
Behind his large studded sunglasses, Victor Faro’s eyes were glued on the luxury hotel overlooking Copacabana beach where US superstar Lady Gaga is staying ahead of her free mega-concert in Rio de Janeiro on Saturday. Brazilians have been waiting more than a decade for the 39-year-old pop icon to perform in the country, and excitement…
Read MoreAmazon’s Mixed Earnings Report Sends Share Prices Down
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online retailer. First, the e-commerce company was entangled in the fleeting spat Tuesday with the White House over a faulty report that Amazon was going to show shoppers the costs of…
Read MoreGM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said the Trump administration’s tariffs would increase its costs by $4 billion to $5 billion this year. In a conference call with analysts, G.M. executives said the company now expected to make $8.2 billion to $10.1 billion this year,…
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