Saturday, April 26
13Apr By AdminsNo Comments

Plane carrying three people crashes in South Florida near a major highway

A small plane carrying three people crashed on Friday morning in South Florida near a major interstate highway and pushed a car onto railroad tracks, officials said. Boca Raton police said several roads near the Boca Raton Airport were closed near Interstate 95 after the plane went down shortly after 10am (midnight AEST) local media reported the plane was on fire and firefighters were responding. The Federal Aviation Administration identified the plane as a Cessna 310 with three people on board, though it wasn't immediately known if anyone had died. Emergency personnel respond to the area where a small plane crashed on the railroad tracks beneath the overpass near Interstate 95 in Boca Raton, Fla., on Friday, April 11, 2025 (Mike Stocker /South Florida Sun-Sentin...
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13Apr By AdminsNo Comments

Trump has 90 days to do 150 trade deals. Financial markets aren’t buying it

President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table, and — with the exception of China — back away from the most punishing trade barriers as America works out new trade agreements around the globe. But Trump's 90-day pause on his "reciprocal" tariffs that were never actually reciprocal gives his administration just three months to strike enormously complex trade deals with dozens of countries that it says are lining up to negotiate. Financial markets aren't buying it. Stocks have whipsawed as volatility has spiked. President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by...
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7Apr By AdminsNo Comments

Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn

Sending children back to school in new sneakers, jeans and T-shirts is likely to cost US families significantly more this fall if the bespoke tariffs President Donald Trump put on leading exporters take effect as planned, American industry groups warn. About 97 per cent of the clothes and shoes purchased in the US are imported, predominantly from Asia, the American Apparel & Footwear Association said, citing its most recent data. Walmart, Gap Inc., Lululemon and Nike are a few of the companies that have a majority of their clothing made in Asian countries. A worker sews a garment at Pro Sports factory in Nam Dinh province, Vietnam (AP) Those same garment-making hubs took a big hit under the president's plan to punish individual countries for trade imbalances. ...
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7Apr By AdminsNo Comments

RFK Jr visits epicentre of measles outbreak after death of second infected child

US Health and Human Services Secretary Robert F. Kennedy Jr. visited the epicentre of Texas' still-growing measles outbreak, the same day a funeral was held for a second young child who was not vaccinated and died from a measles-related illness. Knnedy said in a social media post that he was working to "control the outbreak" and went to Gaines County on Sunday to comfort the families who have buried two young children. He was seen outside of a Mennonite church where the funeral services were held, but he did not attend a nearby news conference held by the US Centers for Disease Control and Prevention (CDC) about the outbreak. US Health and Human Services Secretary Robert F. Kennedy Jr., right, arrives at Reinlander Mennonite Church in Texas after a second measles death...
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7Apr By AdminsNo Comments

‘Reset global trade’: Trump officials double down on tariffs as global markets plummet

Top Trump administration officials are offering mixed messaging on the possibility of negotiations on the president's newly announced tariffs, framing the move as a necessary economic reset and downplaying severe market volatility and uncertainty. President Donald Trump has long cast himself as a dealmaker — and has left the door open to cutting tariff deals with countries. But messaging from his top economic lieutenants Sunday painted a murkier picture about the possibility of relief. Trump last week announced tariffs of at least 10 per cent across all countries, with rates going even higher for 60 countries deemed the "worst offenders." The universal 10 per cent rate went into effect Saturday, while the customized rates will take effect Wednesday. President Don...
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7Apr By AdminsNo Comments

ASX recovers but $100 billion still wiped out

The Australian Stock Exchange recovered slightly after a massive opening loss of $160 billion today, but has still lost $100 billion for the day as of about midday AEST. The ASX 200 fell 6.4 per cent to a 16-month low of 7177.3 after the exchange opened at 10am. At about noon, it was down 3.7 per cent at 7383.1, rebounding from that low. There are fears the ASX could face another wipeout today. (Getty) Mining companies and the big four banks were among the biggest drops, which came even after the ASX-200 opened at a 100-day low of 7453.90. Asian markets also plunged today, deepening a global stocks rout triggered by US President Donald Trump's trade war. Japan's benchmark Nikkei fell by more than eight per cent shortly after opening. The share average, ...
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