Posts by Amelia Frost
Hamas Frees Three Hostages, Including American-Israeli, in Recent Exchange
Sagui Dekel-Chen, a 36-year-old American-Israeli, was one of three hostages released by Hamas on Saturday morning, ending nearly a year and a half of captivity in Gaza. Alongside him, Israelis Sasha Troufanov, 29, and Iair Horn, 46, were also handed over to Red Cross officials in the southern Gaza city of Khan Younis. The release…
Read MoreUncertainty About Economic Policy Is Hampering Business Decisions
It is an axiom heard countless times in business school lecture halls and on corporate earnings calls: Uncertainty is bad for business. The U.S. economy is about to test that proposition like never before. The first weeks of the second Trump administration have been a dizzying whirlwind of economic policy moves: A spending freeze was…
Read MoreMedicare Doesn’t Pay for Everything: How to Bridge the Cost Gap
Medicare can cover most of your health care needs when you turn 65, but it doesn’t pay for everything. And one of the most significant financial challenges to watch out for are the out-of-pocket costs you can face aside from monthly premiums — including deductibles and other types of cost sharing. Just how much you’ll…
Read MoreFlanked By Masked Gunmen, Israeli Hostages Address Gazans Before Release
Their voices monotone and their faces staring mostly ahead, three Israeli hostages spoke in Hebrew on a Gaza stage before walking to freedom on Saturday, after more than 16 months of captivity in the Palestinian territory. The carefully choreographed handover to the Red Cross in Gaza came as part of an ongoing ceasefire deal with…
Read MoreMyanmar Militia Says Ready To Deport 10,000 Cyber Scam Workers
A Myanmar ethnic militia said on Saturday it was preparing to deport 10,000 people linked to cyber scams in the area it controls to Thailand as part of a crackdown on the illicit compounds. Scam compounds have mushroomed in Myanmar’s borderlands and are staffed by foreigners who are often trafficked and forced to work, swindling…
Read MoreSpanish Tourist Hotspot Malaga To Ban Horse-drawn Carriages
A pair of tourists admire the shimmering Mediterranean from their horse-drawn carriage on the seaside promenade in Spain’s southern port of Malaga — a postcard image whose days are numbered. The city wants to ban horse-drawn carriages from its streets this year to protect the animals after years of criticism of the trade. The decision…
Read MoreTEPCO Takes On Challenge Of Making Space For Fukushima Nuclear Debris
Workers at Japan’s crippled Fukushima nuclear plant have started dismantling water storage tanks to free up space for tonnes of nuclear debris, 14 years after the facility was hit by a devastating tsunami. Operator Tokyo Electric Power Company (TEPCO) has been charged with finding a suitable place to store around 880 tonnes of radioactive material…
Read MoreAfrican Union Summit Opens, Overshadowed By DR Congo Conflict
The escalating conflict in Democratic Republic of Congo will dominate an African Union summit opening Saturday, with the DRC president absent after Rwandan-backed forces seized a second major city on his territory. The 55-nation body meets in the Ethiopian capital Addis Ababa as Africa faces devastating conflicts in the DRC and Sudan — as well…
Read MoreLayoffs Expand at Federal Agencies, Part of Trump Purge
The Trump administration accelerated plans for widespread work force cuts across the government on Friday, as employees at multiple federal agencies learned they would be losing their jobs. Agencies such as the Environmental Protection Agency and the Agriculture Department were the latest to be hit with layoffs as President Trump and a team led by…
Read MoreIsraeli Hostages, Palestinian Prisoners Set For Release After Truce Crisis
Gaza militants are due to release three Israeli hostages on Saturday in exchange for 369 Palestinians in Israeli custody, the sixth swap of a truce that came close to collapse this week. Israel and Hamas have traded accusations of violating the January 19 ceasefire, with the Palestinian group saying it would pause releases and Israel…
Read MoreProminent Cryptocurrency Investor Faces Senate Tax Inquiry
A Senate committee is investigating whether a prominent cryptocurrency investor violated federal tax law to save hundreds of millions of dollars after he moved to Puerto Rico, a popular offshore tax haven, according to a letter reviewed by The New York Times. Senator Ron Wyden, an Oregon Democrat, sent the letter on Jan. 9 to…
Read MoreJD Vance Is in Charge of Getting a TikTok Deal. Can He Find a Buyer?
Last week, an aide for Vice President JD Vance reached out to the billionaire Frank McCourt. The topic at hand was Mr. McCourt’s $20 billion long-shot offer to buy TikTok, the Chinese-owned video app. Mr. Vance’s aide wanted details about the bid, which was one of several public overtures for the app, according to two…
Read More