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China's number one carmaker has plans for world domination China's number one carmaker has plans for world domination BYD has ambitious plans on the world stage, and is aiming for half its sales to be outside China by 2030 – up from 10 per cent last year. Source link #China039s #number #carmaker #plans #world #domination Pelican News View the full article at [Hidden Content]

Most Asian markets extend rally in glow of China-US truce Most Asian markets extend rally in glow of China-US truce Donald Trump called the tariffs cuts a ‘total reset’ and said talks with ******** counterpart Xi Jinping could take place soon (Brendan Smialowski) Most Asian stocks extended gains Tuesday as investors continued to bask in the glow of the China-US tariff suspension that has fuelled hopes the world’s two economic superpowers will step back from a punishing trade war. Equity markets across the world rallied with oil and the dollar Monday after the two sides said they would slash most of their eye-watering ****-for-tat levies and hold talks to end a standoff that has stoked recession fears. The news raised hopes that deals can be done with Washington to cut or even remove some of the tolls unveiled by Donald Trump on his “Liberation Day” on April 2 that sent shivers through trading floors and raised concerns about the global trading system. Top-level negotiators said after two days of talks in Geneva at the weekend that the United States would reduce its 145 percent duties on China to 30 percent for 90 days, while Beijing would cut its retaliatory measures to 10 percent from 125 percent. The US president described the move as a “total reset” and said talks with counterpart Xi Jinping could soon follow, while US Treasury Secretary Scott Bessent told CNBC he expected officials would meet again in the coming weeks to reach “a more fulsome agreement”. After piling higher on the news Monday, most of Asia’s markets started Tuesday on the front foot. Tokyo was up more than one percent with Taipei, while Shanghai, Sydney, Singapore, Seoul, Wellington and Manila were also well up. However, Hong Kong dropped more than one percent, having surged three percent the day before. Oil prices and the dollar also pulled back from the previous day’s rally. The broad gains in Asia came after Wall Street greeted the announcement with open arms. The tech-heavy Nasdaq rocketed more than four percent, the S&P 500 jumped 3.3 percent and the Dow 2.8 percent, while a gauge of US-listed ******** stocks surged more than five percent. “Clearly, US-China trade talks have yielded much faster success than many had expected,” strategists at HSBC wrote in a note. “There’s very clearly upside risk for the broader risk asset spectrum now as markets will likely extrapolate a higher likelihood of further deals in the coming weeks.” However, nervousness remains. The HSBC strategists added: “These may not move in a straight line. Things could easily turn out a bit bumpier in future trade negotiations.” And IG chief market analyst said the talks show “both sides are aware of the need to repair their relationship, and avoid further damage from the imposition of such huge tariffs”. Story Continues “But even at the pause levels of 10 percent and 30 percent, these tariffs are still much higher than anything imagined by investors just a few months ago. “It is not quite six weeks since these tariffs were introduced — the impact has yet to really appear in both economic data and company earnings. The full impact will only become clear with time.” Meanwhile, Federal Reserve governor Adriana Kugler warned that even with the reduction in tariffs, Trump’s trade policies will likely push inflation higher and weigh on economic growth. – Key figures at around 0230 GMT – Tokyo – Nikkei 225: UP 1.7 percent at 38,296.86 (break) Hong Kong – Hang Seng Index: DOWN 1.2 percent at 23,273.82 Shanghai – Composite: UP 0.2 percent at 3,375.51 Dollar/yen: DOWN at 148.01 yen from 148.38 yen on Monday Euro/dollar: UP at $1.1103 from $1.1089 Pound/dollar: UP at $1.3177 from $1.3173 Euro/pound: UP at 84.25 pence from 84.18 pence West Texas Intermediate: DOWN 0.2 percent at $61.81 per barrel Brent North Sea Crude: DOWN 0.3 percent at $64.80 per barrel New York – Dow: UP 2.8 percent at 42,410.10 (close) London – FTSE 100: UP 0.6 percent at 8,604.98 (close) dan/tym Source link #Asian #markets #extend #rally #glow #ChinaUS #truce Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Tory Lanez stabbed 14 times while in prison for Megan Thee Stallion shooting – ABC News Tory Lanez stabbed 14 times while in prison for Megan Thee Stallion shooting – ABC News Tory Lanez stabbed 14 times while in prison for Megan Thee Stallion shooting ABC NewsTory Lanez: Rapper taken to hospital after being stabbed in California prison BBCRapper Tory Lanez hospitalized after stabbing by other inmate in California prison Los Angeles TimesRapper Tory Lanez recovering after being ‘stabbed 14 times’ as he serves time for Megan Thee Stallion shooting CNNRapper Tory Lanez hospitalized after stabbed 14 times at Tehachapi prison KBAK Source link #Tory #Lanez #stabbed #times #prison #Megan #Thee #Stallion #shooting #ABC #News Pelican News View the full article at [Hidden Content]

MSPs to vote on assisted dying in Scotland MSPs to vote on assisted dying in Scotland Angus Cochrane BBC Scotland News Getty Images Terminally-ill Scots would be able to request medical assistance to end their life under the proposals For the third time in Scottish parliamentary history, MSPs are to vote on plans to legalise assisted dying. The ballot, which would allow terminally-ill adults to seek medical help to end their lives, comes after MPs voted in favour of similar proposals for England and Wales. Supporters describe the Holyrood bill as a progressive move to ease the suffering of dying Scots. Opponents say it would fail to safeguard some of the most vulnerable people in society. The proposed legislation would allow a patient to request medical assistance to end their life – but only if they had a terminal illness and had been ruled mentally fit to make the decision by two doctors. Liberal Democrat MSP Liam McArthur, who tabled the bill, recently said the minimum age of people who could seek an assisted death would rise from 16 to 18. The Scottish Parliament will hold a free vote on the bill – which means MSPs will not be instructed on how to vote by their parties or the government. The stage one vote is on the general principles of the bill. A simple majority of votes in favour (more “yes” votes than “no” votes) would allow it to progress to stage two, where MSPs could propose changes. Another vote on the final draft of the bill would be held before it could become legislation. If MSPs do not back the bill at stage one, it will fall. The ballot, which will follow a debate in the chamber, is expected to be close. Dozens of MSPs have declared support or opposition to the bill, though many others are thought to be waiting to hear arguments in parliament before making up their mind. Getty Images Lib Dem MSP Liam McArthur has led the campaign to legalise assisted dying The Scottish government is officially neutral on the matter. First Minister John Swinney and Deputy First Minister Kate Forbes, however, have said they will not support the bill. Former first ministers Nicola Sturgeon and Humza Yousaf are also opposed, as is Scottish Labour leader Anas Sarwar. In a post on Instagram, Sturgeon warned of the potential for “internal coercion”, which she described as “a feeling on the part of terminally-ill individuals that others might be better off if they were no longer here”. She also raised concerns about trying to define terminal illness in legislation. Sturgeon added: “If assisted dying is an option, I worry that many people will choose to die more prematurely than they need to.” Labour MSP Pam Duncan-Glancy, the first permanent wheelchair user to be elected to Holyrood, has been among the most vocal critics of the bill. Getty Images Pam Duncan-Glancy has raised concerns about the impact on disabled people Speaking on the eve of the vote, McArthur said the legislation had “strict eligibility criteria” with people able to make a choice “in a way that is robustly safeguarded”. The Orkney MSP said: “My bill would put in place safeguards that don’t currently exist, a situation that leaves many terminally-ill people more vulnerable and more likely to take matters into their own hands.” He added: “Scotland cannot put off this conversation. And parliament cannot continue to leave this issue in the ‘too difficult’ box. “It must, at the very least, allow time for amendments to be considered to see if a bill can be agreed that commands majority support and public confidence.” His bill has been backed by Scottish Lib Dem leader Alex Cole-Hamilton, ex-Conservative leader Jackson Carlaw and Scottish Greens co-leaders Lorna Slater and Patrick Harvie. Social Justice Secretary Shirley Anne-Somerville and Scottish Conservative deputy leader Rachael Hamilton have also said they will vote for the proposals at stage one. Health Secretary Neil Gray, who will speak for the government during the debate, said he would abstain from the vote to maintain neutrality. Westminster bill A bill to legalise assisted dying in England and Wales passed its first stage at Westminster in November. The proposals face months of debate, scrutiny and possible amendments, as well as final approval from the Commons and the Lords, before they could become law. The most recent Holyrood vote on assisted dying, in 2015, was defeated at stage one by 82 votes to 36. That bill was tabled by the late independent MSP Margo MacDonald, who died in 2014 after being diagnosed with Parkinson’s disease. Following her death, the bill was taken up by Harvie, who will again argue in favour of a law change in this year’s debate. Source link #MSPs #vote #assisted #dying #Scotland Pelican News View the full article at [Hidden Content]

First Book In Joe Abercrombie’s New Fantasy Series Is Finally Here First Book In Joe Abercrombie’s New Fantasy Series Is Finally Here Joe Abercrombie’s highly anticipated epic fantasy novel The Devils releases this week (May 13). The Devils is the first novel from the bestselling author since 2021, and it kicks off a brand-new series. Devils is Abercrombie’s first series of adult novels outside of the world of The First Law, the series that has made him one of the most popular fantasy novelist’s of the 21st century. Needless to say, fans have really been looking forward to this one. Amazon featured The Devils on its list of the best sci-fi and fantasy novels of the month, and the hardcover is rapidly ascending the retailer’s bestseller charts. The Devils is available in a beautiful hardcover edition for $27 (was $30) at Amazon. If you haven’t read The First Law Trilogy, Amazon is offering a 50% discount on the three-book box set that drops the price to $29.32 (was $59). $27 (was $30) | Releases May 13 The 560-page hardcover of The Devils isn’t technically labeled a “deluxe edition,” but publisher Tor Books included a few flourishes often seen in collectible editions. The ****** dust jacket features a skull with candles for horns. One cool small detail is how the letters in the title are burning from the flames. Removing the jacket reveals a cover with an ornate red border and a pentagram imprinted in the center. Nodding to the themes, the cover art makes The Devils look like an occult book used to summon demons. When you open the front and back covers, you’ll find full-color portraits. In addition to the endpaper portraits, you’ll find an annotated, two-page map with lots of little details, including character sketches and buildings that appear throughout the adventure. Full-page pencil illustrations of characters are included at the start of at least some of the chapters. You can take a closer look at the design of the hardcover edition of The Devils below. Joe Abercrombie’s The Devils (Tor Books) Gallery The novel is also available in Kindle ebook format for $15 and as an audiobook. Audible Premium Plus members can buy the book with their monthly credit, or you can purchase the audiobook for $23-$29–the price varies based on Audible membership status. The Devils is an action-packed adventure with the grimdark tone Abercrombie is known for. Like the author’s other books for adults, The Devils is filled with bloody action sequences and dry humor. Told from alternating viewpoints in fictionalized version of medieval Europe, the adventure follows an unexpected group of antiheroes who ******* a street rat named Alex to Troy when she learns she’s actually a princess and heir to the throne. Princess Alexia embarks on her road trip with the morally sound Brother Diaz, a peculiar vampire named Balthazar, an elf who is partially invisible, a magician specializing in corpse magic, an immortal knight, and a werewolf with a soft side. Joe Abercrombie Book Deals Joe Abercrombie trilogy box sets The Devils is Joe Abercrombie’s first novel since The Wisdom of Crowds concluded The Age of Madness Trilogy in 2021. Age of Madness, like most of the author’s novels and story collections, is part of the wider First Law universe. The First Law is also the title of Abercrombie’s first trilogy, which began with the author’s debut novel, The Blade Itself, in 2006. In addition to the pair of trilogies, the author has written three standalone novels and two short story collections within The First Law. Abercrombie is also the author of a trilogy of novels for young adults called Shattered Sea. If you want to read more medieval fantasy loaded with action and wit, we’ve put together a list of Joe Abercrombie book deals at Amazon below. All three of his trilogies are available as paperback box sets and standalone editions. The First Law Trilogy Box Set is on ***** for 50% off right now. Box Sets: The First Law Trilogy (Paperback): The Blade Itself — $12.79 ($20) Before They Are Hanged — $13.55 ($20) Last Argument of Kings — $12.59 ($22) The First Law Trilogy (Hardcover): The Blade Itself — $23 Before They Are Hanged — $23 Last Argument of Kings — $29 The Age of Madness Trilogy (Paperback): A Little Hatred — $12.58 ($20) The Trouble with Peace — $15 ($20) The Wisdom of Crowds — $14.64 ($20) The Age of Madness Trilogy (Hardcover): A Little Hatred — $17.69 ($30) The Trouble with Peace — $16.82 ($28) The Wisdom of Crowds — $18.59 ($30) World of the First Law (Standalone Novels): Source link #Book #Joe #Abercrombies #Fantasy #Series #Finally Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Mansory’s latest creation may be the ugliest car you’ve ever seen Mansory’s latest creation may be the ugliest car you’ve ever seen If you thought the visually challenging concoctions brewed up by Swiss car modification firm Mansory peaked with this year’s Cybertruck-based ‘Elongation’, think again – the Pugnator Tricolore has just broken cover. Based on the Ferrari Purosangue SUV, Mansory’s latest creation builds on the standard Pugnator revealed in September 2024. This time, there’s a second rear wing, a colossal diffuser, four central exhaust tips, and just about everything else you’d expect from a more-money-than-sense mod shop. Mansory – thankfully – labels the Pugnator Tricolore a “limited one-off”. 100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Camera IconSupplied Credit: CarExpert The main differences from the Pugnator are the more extreme exterior pieces and its more unique tri-colour paint job representing the Italian flag. That means you get ‘through-coloured’ forged carbon-fibre exterior elements, air vents on the bonnet and wheel arches, huge side skirts, and gaudy fender flares. There’s also the Pugnator’s standard forged 22-inch front and 23-inch rear ‘FC.5’ wheels, while Ferrari’s naturally aspirated 6.5-litre V12 engine gets a boost in outputs. Camera IconSupplied Credit: CarExpert It produces 563kW of power and 730Nm, an increase of 30kW and 14Nm. More of the Italian tri-colour carries through to the Pugnator’s white interior, where you’ll find red and green accents on the centre console and seatbelts in particular. Interestingly, Mansory has kept red to the driver’s side, and green to the passenger. Camera IconSupplied Credit: CarExpert As with the standard car, you’ll notice a plethora of luxury materials like leather, carbon fibre, quilted surfaces and floor mats, embroidered seatbelts, and aluminium pedals. Mansory hasn’t announced what the standard Pugnator conversion will cost, let alone how much the premium is for the limited Tricolore. For context, the Purosangue starts at $728,000 before on-road costs in Australia. Mansory was founded in 1989 by Iranian tuner Kourosh Mansory. The company has since built a reputation on producing highly-modified versions of supercars, luxury SUVs, and motorcycles – including models like the Mercedes-AMG G63, Ineos Grenadier, and Rolls-Royce Spectre. MORE: Man, sorry – Tuning icon makes Ferrari SUV even more controversial MORE: Mansory Cybertruck revealed for people with too much money, not enough taste MORE: Everything Ferrari Purosangue Source link #Mansorys #latest #creation #ugliest #car #youve Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Bentley student dies after accidentally falling from balcony during senior class trip to Bahamas Bentley student dies after accidentally falling from balcony during senior class trip to Bahamas A Bentley University senior has died in a tragic accident during a class trip to the Bahamas. The University confirmed in a statement to Boston 25 that Gaurav Jaisingh passed away Sunday night in a ‘tragic accident’ during an annual senior class trip in the Bahamas. A neighbor confirmed a Facebook photo of Jaisingh. On Sunday, May 11th, around 10 p.m., Nassau police responded to Paradise Island for reports that someone had fallen from an upper-level balcony. The victim, later identified as Jaisingh, was inside his hotel room with other roommates. He was transported to a hospital and died from his injuries en route. According to Bentley, it appears Gaurav accidentally fell from a balcony. “This is an enormous tragedy for our community,” the University said. Bentley will be providing resources for those who are impacted and encourages anyone who needs support to reach out to the university’s counseling center. An investigation into the incident is ongoing. This is a developing story. Check back for updates as more information becomes available. Download the FREE Boston 25 News app for breaking news alerts. Follow Boston 25 News on Facebook and Twitter. | Watch Boston 25 News NOW Source link #Bentley #student #dies #accidentally #falling #balcony #senior #class #trip #Bahamas Pelican News View the full article at [Hidden Content]

California Gov. Newsom tells cities to ban homeless encampments – Axios California Gov. Newsom tells cities to ban homeless encampments – Axios California Gov. Newsom tells cities to ban homeless encampments AxiosNewsom unveils aggressive plan to clear homeless encampments across California: ‘No more excuses’ Fox NewsNewsom calls on California cities to ban homeless encampments ‘without delay’ The GuardianGov. Newsom again urges cities to ban homeless camps Los Angeles TimesNewsom announces $3.3B in Prop 1 grants to expand behavioral health service KTLA Source link #California #Gov #Newsom #tells #cities #ban #homeless #encampments #Axios Pelican News View the full article at [Hidden Content]

Donald Trump’s Kashmir mediation offer puts India in a tight spot Donald Trump’s Kashmir mediation offer puts India in a tight spot Anbarasan Ethirajan South Asia Regional Editor Reuters Donald Trump announced a ceasefire at the weekend For decades, if there’s one thing that’s been a taboo in the Indian foreign ministry, it is third-party mediation – particularly in the long-running dispute with Pakistan over Kashmir. Those in the know, then, are not surprised that US President Donald Trump – known for his unorthodox diplomacy – has touched a raw nerve in Delhi. On Saturday, he took to social media to announce that India and Pakistan – after four tense days of cross-border clashes – had agreed to a “full and immediate ceasefire”, brokered by the US. Later, in another post he said: “I will work with you both to see if, after a thousand years, a solution can be arrived at, concerning Kashmir.” The Kashmir dispute dates back to 1947, when India got independence from British rule and was partitioned to create Pakistan. Both neighbours claim the Kashmir region in whole, but administer it only in part. Several rounds of bilateral talks over the decades have not yielded any resolution. India treats Kashmir as an integral part of its territory and rules out any negotiation, particularly through a third party. The latest flare-up began after India carried out air strikes on what it called terrorist infrastructure inside Pakistan in the aftermath of the attack on tourists in Indian-administered Kashmir last month, killing 26 people, mainly tourists. India blames Pakistan of involvement in the incident, a charge denied by Islamabad. Trump’s intervention came as fighting between the two nuclear-armed rivals was threatening to spiral into a full-blown conflict. The two sides were using fighter jets, missiles and drones and said they were targeting each other’s military installations, mainly in the border areas. While US mediators, alongside diplomatic backchannels, prevented a ******* conflagration, President Trump’s offer has put Delhi in a spot. “Obviously, it would not be welcome by the Indian side. It goes against our stated position for many years,” Shyam Saran, a former Indian foreign secretary, tells the BBC. Getty Images Both India and Pakistan claim the scenic Kashmir region in whole, but administer it only in part Delhi’s position on Kashmir has hardened, especially after it withdrew the special status of Jammu and Kashmir in 2019, triggering widespread protests in Kashmir. President Trump’s recent comments have irked many Indians, who see this as an attempt to “internationalise” the Kashmir dispute. The main opposition Congress party wanted an explanation from the government and an all-party meeting on the “ceasefire announcements made from Washington DC first”. “Have we opened the doors to third-party mediation? The Indian National Congress would like to ask if diplomatic channels between India and Pakistan are being reopened,” said the Congress party spokesman Jairam Ramesh. US Secretary of State Marco Rubio’s statement announcing the ceasefire also said that the two countries have also agreed “to start talks on a broad set of issues at a neutral site”. This has caught the Indians by surprise. Delhi has refused to hold discussions with Islamabad, accusing its neighbour of supporting what it calls cross-border terrorism. Historically, India has opposed any third-party mediation, quoting an agreement signed in 1972 after a war between the two countries a year earlier. As per the Simla agreement signed by the country’s leaders, they “resolved to settle their differences by peaceful means through bilateral negotiations”. Indian officials also argue that even when they reach an understanding with a civilian government in Pakistan, the country’s powerful military launched operations undermining those deals. They point to the Kargil war in 1999, when another conflict between the two countries began after a group of Pakistan-backed militants occupied strategic areas in Indian-administered Kashmir. The conflict took place months after the then Indian and Pakistani prime ministers agreed to resolve issues through bilateral negotiations and refrain from interfering in each other’s internal matters. Indian Prime Minister Narendra Modi’s government has not formally responded to President Trump’s offer to mediate. But Foreign Minister Subrahmanyam Jaishankar said: “India has consistently maintained a firm and uncompromising stance against terrorism in all its forms and manifestations. It will continue to do so.” It is being seen as an indication that India may not be restarting direct bilateral talks soon. Reuters Indian Foreign Minister Subrahmanyam Jaishankar was mentioned in Rubio’s tweet saying the two sides would start “talks on a broad range of issues” The view from Pakistan is different. “Pakistan has always wanted third-party mediation in the Kashmir issue in the absence of mutual trust between the two countries,” Imtiaz Gul, the executive director of Centre for Research and Security Studies in Islamabad, tells the BBC. “Now a superpower is willing to stick its neck out. Pakistan will see this as a moral victory,” Mr Gul says. Pakistani strategic experts like Syed Muhammad Ali argue it is because of India’s consistent refusal to engage with Pakistan that the international community should step in to avoid any future conflict. “Kashmir is one of the most critical issues for the international community. The recent rapid escalation proves that the sabre-rattling can go out of hand,” Mr Ali says. India’s assertive diplomacy, particularly since Modi took over in 2014, has been seen as a sign of its confidence as a rising global economic power. But it will have to pull off a tough balancing act, to stave off Trump’s advances. The US has courted India in recent years as a bulwark against an increasingly assertive China. India is a key member of the Quadrilateral Security Dialogue group (Quad), along with the US, Australia and Japan, that was formed to counter ******** expansionism in the Indo-Pacific. In recent decades, Washington has also sold modern transport planes, helicopters and other military equipment to Delhi, which is keen to modernise its 1.4 million strong military, that relies heavily on Russian weaponry. The previous American administrations were aware of India’s sensitivities towards the Kashmir issue and largely stayed away from interfering with it. But with Trump, there’s a question mark over whether that position still holds. The US is the largest trading partner of India with bilateral trade reaching about $130bn (£98bn) in 2024. Modi’s government is currently negotiating a trade deal with Washington to avoid tariffs. Delhi will have to walk a fine line. It will be averse to taking up Trump’s offer to mediate, or see the US-brokered ceasefire, or “understanding” as it calls it, going beyond the current military tensions. But it’s also keen to have a favourable trading relationship with the US. Any attempt to broaden the talks – on contentious bilateral issues like the now suspended river water-sharing treaty or the status of Kashmir – will invite strong criticism at the domestic level, a trap that Modi is well aware of. Source link #Donald #Trumps #Kashmir #mediation #offer #puts #India #tight #spot Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Ord River triple Warmun’s goal count to take round three win Ord River triple Warmun’s goal count to take round three win The Ord River Magpies recorded a resounding victory against the Warmun Eagles at the weekend as East Kimberley Football League teams battled it out in round three. The top-of-the-table team tripled the Warmun Eagles goal count as the two teams went head-to-head at the Kununurra Showground on May 9. The Eagles struggled to keep up with the Magpies, kicking just four goals over the course of the match and handing Ord River the win, 12.8 (80) to 4.5 (29). Having won their last two games Ord River now sit atop the ladder while the Warmun Eagles are last. Elsewhere, the Port Wyndham Crocs took down the Waringarri Crows at Kununurra Oval on May 9. The Crows put up a good fight, but the Crocs proved to be the more skilful side taking home a decent win, 13.10 (88) to 10.3 (63). The Crocs sit in second place on the ladder after recording two wins and one loss so far this season while the Crows sit just under them in third place, recording one win and one loss. The Kununurra Demons, who sit in fourth place on the ladder, had a bye this week but will return for round four to face the Waringarri Crows at Kununurra Oval on May 23. Source link #Ord #River #triple #Warmuns #goal #count #win Pelican News View the full article at [Hidden Content]

Chilling video shows 2 young brothers handling gun before one of them pulls the trigger Chilling video shows 2 young brothers handling gun before one of them pulls the trigger An alarming video captured the moment two young brothers passed a loaded gun back and forth and even pulled the trigger at police in New Mexico earlier this year. At around 12:30 p.m. on Feb. 16, the 7-year-old and 9-year-old took turns handling the firearm in Albuquerque, the Bernalillo County Sheriff’s Office told USA TODAY on Monday, May 12. Drone footage shared by authorities shows the brothers, one wearing an Minecraft T-shirt and the other wearing a Star Wars one, hiding the weapon behind their backs. “Put it down, baby,” one deputy is heard saying in the video before several voices are heard shouting at the pair to drop the gun immediately, body camera footage showed. Sheriff John Allen said that deputies fired a non-lethal round to distract the boys, after which one of them pointed the gun and fired it, but it malfunctioned, according to the Albuquerque Journal and the Associated Press. Had the gun gone off, Allen said “our deputies could have taken deadly force,” according to the Journal. “That would not have gone well with anybody in the nation,” he said. Soon after a deputy approached the boys and was able to get the gun, according to the sheriff’s office. The brothers were swiftly detained without any injuries and the gun was seized. No arrests made amid ongoing investigation No arrests have been made as of May 12, according to Sheriff Deputy Connor Otero. The boys remain in their parents’ custody, the Journal reported. Criminal charges are pending an ongoing investigation into what led to the incident, Otero said. In a news release, the sheriff’s office said its drone technology allowed deputies to “secure the area swiftly and safely, ultimately preventing a potential deadly force encounter with the juveniles.” “This case illustrates the complex intersection of juvenile crime, mental health, and public safety,” Sheriff John Allen said in the news release. “We are taking important steps to close service gaps and expand our ability to work with juveniles involved in firearms or violent crimes.” This article originally appeared on USA TODAY: Video shows 2 young brothers handling gun before 1 pulls trigger Source link #Chilling #video #shows #young #brothers #handling #gun #pulls #trigger Pelican News View the full article at [Hidden Content]

First group of white South Africans arrive in US after Trump grants refugee status – The Guardian First group of white South Africans arrive in US after Trump grants refugee status – The Guardian First group of white South Africans arrive in US after Trump grants refugee status The GuardianEpiscopal Church refuses to resettle white Afrikaners, citing moral opposition NPRDozens of white South Africans arrive in US under Trump refugee plan BBCTrump administration welcomes 59 white South African refugees into the U.S., sparking political debate NBC NewsTrump Live Updates: China Tariff Pause, Drug Prices and More The New York Times Source link #group #white #South #Africans #arrive #Trump #grants #refugee #status #Guardian Pelican News View the full article at [Hidden Content]

Australia pick full-strength squad for WTC final Australia pick full-strength squad for WTC final Australia have picked a full-strength squad for the World Test Championship final against South Africa as they look to retain the trophy they won in 2023. Cameron Green is in line to play his first Test in more than a year after recovering from back surgery, but the allrounder is only in contention as a batter. After missing out on selection for both Tests in Sri Lanka, ***** kid Sam Konstas has been named in the 15-man squad. Travis Head was preferred as Usman Khawaja’s opening partner for that successful tour, but the reigning Allan Border Medallist will slot back into No.5 for the WTC final. Konstas produced an eye-catching Test debut on Boxing Day, taking it up to Indian maestro Jasprit Bumrah. Australia face selection dilemmas at the top, particularly if they elect to pick Green in the middle order. Marnus Labuschagne, who has been below his best for more than two years, is an option to open with Khawaja. That would mean Steve Smith, who has recaptured his best, could move up to No.3, then Green bats at No.4. In Green’s most recent Test back in March 2024, the towering West *********** batted at No.4, while Smith opened. Star quicks Pat Cummins and Josh Hazlewood both missed the tour of Sri Lanka, but were fit and firing in the Indian Premier League. “We are fortunate and looking forward to having Pat (Cummins), Josh (Hazlewood) and Cam (Green) back in the squad,” Australia’s chairman of selectors George Bailey said on Tuesday. “The team finished the WTC cycle with an impressive series victory in Sri Lanka following an equally strong summer in defeating India for the first time in a decade. “Those series capped a consistent performance across the two-year cycle and now presents us with the incredibly exciting opportunity to defend the World Test Championship. “It means a lot to the group to reach the final, and they are very much looking forward to the challenge South Africa will present at Lord’s.” AUSTRALIA: Usman Khawaja, Marnus Labuschagne, Steve Smith, Cameron Green, Travis Head, Beau Webster, Alex Carey, Pat Cummins (capt), Mitchell Starc, Nathan Lyon, Josh Hazlewood, Josh Inglis, Sam Konstas, Matt Kuhnemann, Scott Boland Source link #Australia #pick #fullstrength #squad #WTC #final Pelican News View the full article at [Hidden Content]

Gas stations are charging customers $1 more a gallon for using credit cards Gas stations are charging customers $1 more a gallon for using credit cards Credit cards have long been a popular and convenient way to pay for most things — including filling up at the gas station — and there are benefits to using one at the pump, such as bonus points or cash back on fuel purchases. However, if you’re not cautious, your tendency to pay for gas with a credit card could end up costing you more money. That’s something Pat Igo of Palm Beach Gardens, Florida recently learned the hard way. Igo, like many consumers, had noticed an uptick in gas stations charging more money per gallon for credit card purchases than cash purchases. Making matters worse, some area gas stations are even trying to hide the extra charge for credit cards. In most states, it’s legal for businesses to impose a surcharge on customers who are paying by credit card. One of those states is Florida. The only requirement is that businesses must inform customers of those surcharges ahead of time. However, some Florida gas stations are testing that concept to an unfair limit. Igo told WPTV News that his company, North County Cooling, has a fleet of 12 trucks and fueling them all costs his business about $3,000 per month. He recently went to fill up one of his trucks when he noticed something that shocked him at the pump. “I noticed this little box at the bottom,” Igo shared with WPTV. “And it didn’t match the price that was out on the street.” Igo says a small sign on the pump showed that those paying with a credit card would pay $1 more per gallon, so he asked the station’s manager if that was an error. “And he said no,” Igo said. “‘I can make it any number I want.’ And so I walked out.” Reporter Dave Bohman looked into the matter and found that a number of local gas stations were charging $1 more per gallon for credit card payments than cash. When he started asking questions, two stations dropped the surcharge down to 90 cents per gallon. Bohman also reached out to consumer attorney Thomas Patti to see if this practice is legal. His response? Yes. “If they say ‘listen, we’re going to provide you a discount for cash-based services and we’re going to charge you a standard price for a credit card,’ that’s seemingly a lawful way to go about it,” said Patti. Story Continues The Florida Attorney General’s Office also confirmed to Bohman that the practice is legal. However, Patti confirmed that gas stations must disclose the price differences to consumers — the problem is that some stations don’t advertise the price difference in big print on their street signs. Rather, they post it in small print on the actual pump. Igo, meanwhile, now makes sure his crews don’t use gas stations that charge $1 more per gallon for credit cards. He also thinks there should be stricter rules in place so that consumers don’t get duped. “There should be a law showing what they’re going to charge you if you use a credit card,” he said. Read more: BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here’s how he says you can best weather the US retirement crisis In 2023, the average U.S. driver spent $2,449 on gas, according to the Bureau of Labor Statistics. If your spending is similar, a few changes could help you save some money at the pump. First, use apps like GasBuddy to compare gas prices in your area. Secondly, pay attention to price differences at local gas stations and aim to avoid those that impose a credit card surcharge — but don’t just rely on the big signs you can see from the street. Instead, pull up to the pump and read the fine print. Of course, paying cash is also an option if you want to avoid overspending on gas. But if you have a larger vehicle, it may not always be feasible to carry enough cash on you in order to fill up your tank. A recent YouGov survey found that Americans prefer to pay for gas using a credit card more than any other method. However, you may not face a surcharge on gas if you pay by debit card, so that could be a reasonable alternative. In addition, YouGov found that debit cards are the second-most preferred payment method for consumers to use at the pump. It’s also a good idea to try to avoid gas stations at rest stops or along major highways, as you could potentially pay a higher price per gallon for the convenience. Along these lines, keep a close eye on your tank so you’re not forced to fill up at the nearest station just because you’re about to run out of gas. Finally, the more efficiently you drive your vehicle, the less fuel you’re likely to use. To that end, try not to speed, make sure your tire pressure isn’t too low and consider using cruise control for longer road trips. With a few tweaks, you can set yourself up to stretch each fill-up and enjoy some savings along the way. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Source link #Gas #stations #charging #customers #gallon #credit #cards Pelican News View the full article at [Hidden Content]

How Trump managed to get his much-needed China trade victory – CNN How Trump managed to get his much-needed China trade victory – CNN How Trump managed to get his much-needed China trade victory CNNTariff Truce With China Demonstrates the Limits of Trump’s Aggression The New York TimesDow soars around 1,000 points higher after Trump team and China dramatically lower tariffs CNNTrump admin live updates: Tariffs will be ‘substantially higher’ if deal not reached with China: Trump ABC NewsChina sees the U.S. trade deal as a huge win for Beijing CNBC Source link #Trump #managed #muchneeded #China #trade #victory #CNN Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Toowoomba house fire: Woman charged over blaze that killed three children Toowoomba house fire: Woman charged over blaze that killed three children A 36-year-old mother has been charged with ******* over the deaths of her three young children, who died in a horrific house fire, with police alleging it was a domestic violence incident. The home in suburban Harristown in Toowoomba, about 130km west of Brisbane, became engulfed in flames around 12.30am on May 7. Following a search of the property, a body believed to be of a 9-year-boy, was discovered inside near the door. A 4-year-old girl and 7-year-old girl pulled from the home died at Queensland Children’s Hospital later that day from injuries sustained in the fire. A 34-year-old man underwent surgery for serious injuries to his arm, while the 18 year old man and 11-year-old boy were treated for minor injuries after escaping the worst of the blaze. Detectives have charged the 34-year-old woman with three counts of ******* (Domestic Violence offence), three counts of attempted ******* (Domestic Violence offence) and one count of arson. The 36-year-old woman remains in hospital in a critical condition. The matter is due to be mentioned in the Brisbane Magistrates Court on Tuesday and adjourned to a future date. Police say they are not looking for anyone else in connection to the incident. Source link #Toowoomba #house #fire #Woman #charged #blaze #killed #children Pelican News View the full article at [Hidden Content]

China’s army of food delivery drivers get by with help from discount ‘loving meals’ China’s army of food delivery drivers get by with help from discount ‘loving meals’ BEIJING (AP) — After the lunchtime rush, it’s time for China’s food delivery drivers to eat. Liu Lijie, halfway through a 13-hour workday, parked his electric scooter in front of a restaurant in Beijing for his go-to choice, lamb noodle soup with a side of pickles, for 12 yuan ($1.65), a discount of 6 yuan off the regular price. The reduced-price meal is part of a movement that offers free or discounted meals to people in need, no questions asked. Known as “aixincan” (eye-sheen-zan), or “loving meals,” they are available at some restaurants in major ******** cities, home to large populations of migrant workers who come looking for jobs. “There is a lot of pressure in life since I came to Beijing to work, so eating aixincan is both economical and practical,” said the 40-year-old Liu, who arrived two years ago from nearby Shanxi province. Eager to get back to earning money, he digs into his meal at a branch of the Yushiji restaurant chain without even stopping to remove his helmet, branded with the name of the popular Ele.me food delivery app. The movement, also known as “suixincan” or “follow-the-heart meals,” can be traced back to the early 2000s. It has been featured in China’s government-run media and on social media, including posts in which influencers pose as hungry customers in need to highlight the generosity of the restaurants. Luo Shuai, a driver for Meituan, China’s largest food delivery service, learned of Yushiji’s discounted meal initiative through colleagues and has since become a daily customer at the Beijing chain, which serves food from his native Henan province. “It reminded me of my hometown,” said the 27-year-old Luo, who moved to Beijing at the end of last year. Among China’s nearly 300 million migrant workers, an increasing preference for gig-based work such as delivery driving over factory work has emerged in recent years. There are now more than 200 million gig-economy workers, according to government data. For a full-time driver, the average monthly pay at Meituan can reach more than $1,500. But only 11% of the app’s drivers work full-time. Part-timers in the biggest cities, such as Beijing and Shanghai, averaged closer to $1,000 a month in 2024. The existence of discounted meals reflects a shift in China’s urban landscape, according to Xiang Biao, head of the Max Planck Institute for Social Anthropology in Germany. Previously, migrant workers could carve out their own spaces by helping each other, he said, but those networks have disappeared with the erosion of informal restaurants in cities for hygiene and safety reasons. “They will have to seek help from strangers,” Xiang said. The state-implemented cleanup since the late 2000s of “urban villages” — spaces where migrant workers would live that grew alongside urban development — has increased those pressures. The stigma of asking for free food exists in all societies, Xiang said, though it may not be an issue for delivery drivers in China, as they are already socially marginalized. Feng Yong, the 43-year-old manager of “Doornail Meat Pie” — so named because its food resembles the round wooden nail covers on classical ******** doors — spends much of his day kneading, filling and wrapping the pies at the ******* ******** restaurant in Beijing. He said the restaurant began serving aixincan to help people in need and inspire others to do the same. A Shandong province native who moved to the ******** capital more than 20 years ago, Feng said he has a deep understanding of being an outsider struggling in a new city. The key, he said, is to avoid any embarrassment for customers who are in need. Some hesitate at the entrance. The staff do what they can to help and don’t inquire about a potential customer’s circumstances. “We don’t refuse them anything, just as long as they’re full,” Feng said. Source link #Chinas #army #food #delivery #drivers #discount #loving #meals Pelican News View the full article at [Hidden Content]

Rodrigo Duterte wins Philippines mayoral election from ICC detention in The Hague – CNN Rodrigo Duterte wins Philippines mayoral election from ICC detention in The Hague – CNN Rodrigo Duterte wins Philippines mayoral election from ICC detention in The Hague CNNDuterte elected mayor of home city from Hague prison BBCDuterte set to win Philippines election from Hague prison cell YahooRodrigo Duterte Is Expected to Again Become Mayor of Davao City The New York TimesPhilippines awaits official midterm election results with detained ex-President Duterte leading mayoral race CBS News Source link #Rodrigo #Duterte #wins #Philippines #mayoral #election #ICC #detention #Hague #CNN Pelican News View the full article at [Hidden Content]

Inspired Property Group: Homeowner claims could tally $19 million as builder headed to liquidation Inspired Property Group: Homeowner claims could tally $19 million as builder headed to liquidation Administrators of collapsed home builder Inspired Property Group have knocked back a low-ball rescue bid and warned that the company was likely insolvent by June 2024. Source link #Inspired #Property #Group #Homeowner #claims #tally #million #builder #headed #liquidation Pelican News View the full article at [Hidden Content]

Financial advisors are divided over this RMD tax strategy Financial advisors are divided over this RMD tax strategy Required minimum distributions can be a touchy subject for retirees and their financial advisors, requiring them to liquidate assets that they may prefer to keep in the market. Frustration around RMDs is often compounded by the tax consequences they present, but advisors say one little-known strategy could help ease the burden — especially as investors wait for stocks to fully recover from a tariff-driven downturn. The strategy hinges on the unique flexibility of tax withholdings on retirement account distributions. The idea of withholding income taxes from a retirement account distribution isn’t new. Retirees often withhold a set percentage, say 20%, of a distribution for taxes. For example, a retiree can say, “Distribute $20,000 from my IRA, withhold 20% for taxes and send the net $16,000 to me.” But what many advisors miss is the ability to delay tax payments until the end of the year, according to Keith Fenstad, vice president and director of wealth planning at Tanglewood Total Wealth Management in Houston, Texas. READ MORE: Using tax-aware long-short vehicles to track down alpha Through this strategy, retirees can take smaller monthly or quarterly distributions without any tax withholding and then make a much larger tax withholding on a distribution toward the end of the year. Thanks to flexible RMD tax payment rules, end-of-year tax withholdings can cover distributions that were made much earlier in the same year. “Even if that request is made in December, the $4,000 of taxes withheld is spread across the previous quarterly tax payment periods,” Fenstad said. Delaying tax payments on RMDs can offer a few key advantages, according to Fenstad. For some clients who simply don’t want the headache of making multiple tax payments throughout the year, delaying tax withholdings on RMDs can simplify the process. “We have clients who might withhold 60%, 70% of their RMD just to cover all their taxes,” Fenstad said. That way, “They don’t have to fool with quarterly estimates.” This approach can also help address a potential underpayment penalty resulting from a previously missed estimated tax payment, he said. Delaying tax withholdings on RMDs could be an especially useful strategy for certain clients who expect their investments to continue to recover from April’s market low, Fenstad said. READ MORE: HSA limits to get a modest bump Mark Stancato, founder and lead advisor at VIP Wealth Advisors in Decatur, Georgia, described the strategy as a “calculated risk.” Story Continues “Delaying the timing of an RMD until later in the year can be an effective way to improve tax efficiency during a market downturn — but the details matter. The key question to ask is where the tax payment is coming from,” he said. “If taxes are withheld directly from the RMD distribution, delaying until year-end may reduce the number of shares that need to be sold — especially if the market recovers. That can help clients avoid locking in unnecessary losses. But if the market declines further, they could end up selling even more at lower prices.” Other advisors say that delaying tax withholdings can be a helpful strategy regardless of how the market is performing. “Waiting to sell shares to pay the tax because of a belief that the market will rise is a market timing decision,” said Sammy Grant, principal at Homrich Berg in Sandy Springs, Georgia. “But even if a client or advisor believes the market will experience further declines, waiting to pay the tax due on early-year distributions until year-end is a wise decision. This more pessimistic client can liquidate enough to pay the tax today while leaving the proceeds in a money market inside the IRA, earning 4%-plus for the remainder of the year.” Tim Witham, founder of Balanced Life Planning in Villa Hills, Kentucky, said that delaying RMD tax withholdings is a common strategy among some advisors. However, he explained that this approach is often not ideal for many high net worth clients, as they are typically required to take larger distributions than they need for their living expenses. Instead, Witham and other advisors suggest using in-kind withdrawals from a retirement account to a brokerage account to limit a client’s tax liability. “In a down market, rather than selling funds for IRA distributions, I have coached clients to push securities out of their IRAs in-kind to a brokerage account,” Witham said. “For example, if a small-cap fund in your IRA is down 20%, you can take that fund from an IRA to a brokerage account. … When the fund rebounds, it will do so outside of the IRA, where, if held over a year, the gain would be eligible for long-term capital gains treatment, rather than ordinary income that would occur as a result of an IRA distribution.” READ MORE: Forget retirement buckets. Advisors prefer these withdrawal strategies “This strategy puts control with the client and advisor in a down market, rather than hoping for a market rebound by year-end,” he added. “As we all know, hope is not a strategy.” Other advisors say that navigating a down market through such strategies simply isn’t necessary if a client is invested properly in their retirement accounts. “We advise our clients who have reached the magical age of required minimum distributions that there should be a minimum of five years’ worth of distributions invested in liquid high-quality short-term fixed income,” said Michael DeMassa, founder of Forza Wealth in Sarasota, Florida. “In other terms, at least 20% of the IRA should be accessible for required minimum distributions and not subject to stock market volatility. During times of market stress, we can make distributions from the fixed income allocation and not be forced to sell equities at the wrong time.” Source link #Financial #advisors #divided #RMD #tax #strategy Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Samsung launches slimmest smartphone as races against rival Apple – Reuters Samsung launches slimmest smartphone as races against rival Apple – Reuters Samsung launches slimmest smartphone as races against rival Apple ReutersSamsung launches thin S25 Edge as Apple reportedly prepares the iPhone ‘Air’ CNBCGalaxy S25 Edge Hands-On: This Thin Phone Left a Deep Impression CNETBeyond Slim: Discover Unprecedented Innovation With Galaxy S25 Edge Samsung NewsroomMeet the Samsung Galaxy S25 Edge: An Engineering Marvel of New Slim Hardware Innovation samsungmobilepress.com Source link #Samsung #launches #slimmest #smartphone #races #rival #Apple #Reuters Pelican News View the full article at [Hidden Content]

UN aviation agency finds Russia responsible for downing of MH17 UN aviation agency finds Russia responsible for downing of MH17 Russia was responsible for the downing of the Malaysia Airlines flight, MH17, over eastern Ukraine in July 2014, the United Nations aviation agency has ruled. All 298 people on board the passenger plane were killed when it was shot down by a Russian-made missile. The Kremlin has always denied any responsibility for the air disaster. On Monday, the UN’s Council of the International Civil Aviation Organization (ICAO) voted that the Russian Federation failed to uphold its obligations under international air law, which requires states to “refrain from resorting to the use of weapons against civil aircraft in flight”. Malaysia Airlines flight MH17 was travelling from Amsterdam to Kuala Lumpur when it was struck down over the Donbas region of Ukraine, during a conflict between pro-Russian rebels and Ukrainian forces. The majority of passengers and crew, 196 people, were from the Netherlands. There were also 38 people from Australia, 10 British citizens, as well as Belgian and Malaysian nationals on board. The case to the UN was brought in 2022 by the *********** and Dutch governments, who have both welcomed the ICAO’s ruling. “We call upon Russia to finally face up to its responsibility for this horrific act of violence and make reparations for its egregious conduct”, said Australia’s foreign minister Penny Wong in a statement. The Dutch foreign minister, Caspar Veldkamp, said it marked an “important step towards establishing the truth and achieving justice and accountability”. It sends a clear messaged to the international community, he added: “states cannot violate international law with impunity” . In 2022, a Dutch court ruled that a Russian-controlled group had downed the plane and two Russians and a pro-Moscow Ukrainian national were convicted of ******* in absentia. The trio were all sentenced to life in prison however, as they were not extradited, they have not served time in jail. Source link #aviation #agency #finds #Russia #responsible #downing #MH17 Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

AFL 2025: Geelong star Tyson Stengle does not expect teammates to engage with Port Adelaide’s ******* Rioli AFL 2025: Geelong star Tyson Stengle does not expect teammates to engage with Port Adelaide’s ******* Rioli Geelong star Tyson Stengle has weighed in on ******* Rioli’s ban and how Geelong will approach the Power forward this Saturday. Source link #AFL #Geelong #star #Tyson #Stengle #expect #teammates #engage #Port #Adelaides #******* #Rioli Pelican News View the full article at [Hidden Content]

Asian shares gain after Wall Street’s rally, but hopes are tempered by trade war uncertainties Asian shares gain after Wall Street’s rally, but hopes are tempered by trade war uncertainties Asian shares advanced Tuesday after China and the United States announced a 90-day truce in their trade war, but the gains were tempered by uncertainties over the longer term, as analysts warned President Donald Trump’s policies could still quickly change. The United States and China said in a joint statement that it will cut tariffs on ******** goods to 30% from as high as 145%. China, meanwhile, said its tariffs on U.S. goods will fall to 10% from 125%. The 90-day pause gives time for more talks following the weekend’s negotiations in Geneva, Switzerland, which the U.S. side said yielded “ substantial progress.” The outcome surpassed most expectations, reassuring investors,” said Stephen Innes of SPI Asset Management. “Make no mistake, this was highly stage-managed diplomacy. But the optics are good and the implications real. It signals that even this administration recognizes the economic drag of unrelenting tariffs,” he said in a commentary. Tokyo’s Nikkei 225 jumped 1.8% to 38,326.37, while the Kospi in South Korea gained 0.2% to 2,612.30. Hong Kong’s Hang Seng, which gained 3% a day earlier after ******** and U.S. officials announced the agreement to pause tariffs and reduce them, fell 0.7% to 23,374.06. The Shanghai Composite index edged 0.2% higher to 3,374.93. Taiwan’s Taiex jumped 1.9%. Australia’s S&P/ASX 200 climbed 0.6% to 8,281.40. On Monday, the world’s two largest economies agreed to take down temporarily most of their tariffs against each other. The S&P 500 shot up 3.3% to pull back within 5% of its all-time high set in February. It’s been roaring higher since falling nearly 20% below the mark last month on hopes that President Donald Trump will lower his tariffs after reaching trade deals with other countries. Closing at 5,844.19, the index at the heart of many 401(k) accounts is back above where it was on April 2, Trump’s “Liberation Day,” when he announced stiff worldwide tariffs that ignited worries about a potentially self-inflicted recession. The Dow Jones Industrial Average jumped 1,160 points, or 2.8%, to 42,410.10. The Nasdaq composite surged 4.3% to 18,708.34. A global economy less burdened by tariffs will likely burn more fuel, so the agreement to scale back tariffs by more than what many investors expected also boosted oil prices. But early Tuesday, they fell back. U.S. benchmark crude oil lost 6 cents to $61.89 per barrel. Brent crude, the international standard, shed 8 cents to $64.88 per barrel. The value of the U.S. dollar strengthened against everything from the euro to the Japanese yen to the Swiss franc. And Treasury yields jumped on expectations that the Federal Reserve won’t have to cut interest rates as deeply this year as earlier expected. Story Continues Early Tuesday, the dollar was trading at 147.98 Japanese yen, down from 148.47 yen. But it gained against the euro, climbing to $1.1101 from $1.088. The move announced Monday could add 0.4 percentage points to the U.S. economy’s growth this year, according to Jonathan Pingle, U.S. chief economist at UBS. That’s a significant chunk, and every bit counts when the U.S. economy shrank at a 0.3% annual rate in the first three months of the year. Big challenges remain in the negotiations between Beijing and Washington. The U.S.-China pause followed a deal the United States announced last week with the United Kingdom that will bring down tariffs on many U.K. imports to 10% but will still require weeks to finalize all the details. But many Asian countries have yet to negotiate tariff-alleviating deals of their own. Economic reports scheduled for later this week, including on inflation and sentiment among U.S. consumers, could show how much damage to the economy has been inflicted by the uncertainty over tariffs. Many retailers rose because much of what they sell comes from China and elsewhere in Asia. Best Buy jumped 6.6%, and Amazon rallied 8.1%. Stocks of smaller U.S. companies rallied on Monday. Their livelihoods depend more on the strength of the U.S. economy than their ******* and more insulated rivals, and the smaller stocks in the Russell 2000 index jumped 3.4%. Apparel companies that source much of their supplies from China also gained. Lululemon leaped 8.7% and Nike rose 7.3%. Travel companies jumped on hopes that lower tariffs would encourage more customers to feel comfortable enough to spend on trips. Carnival rose 9.6%, and Delta Air Lines climbed 5.8%. __ AP Business writers Stan Choe and Matt Ott contributed. Source link #Asian #shares #gain #Wall #Streets #rally #hopes #tempered #trade #war #uncertainties Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Trump visiting Gulf Arab states while crises flare in Gaza and Iran – AP News Trump visiting Gulf Arab states while crises flare in Gaza and Iran – AP News Trump visiting Gulf Arab states while crises flare in Gaza and Iran AP NewsTrump is visiting three of the world’s richest nations. Here’s what’s on their wish list CNNLIVE: US President Donald Trump embarks on ‘historic’ Middle East trip Al JazeeraTrump Wants Saudi Arabia to Invest $1 Trillion in the U.S. The New York TimesThe Latest: The White House releases Trump’s schedule for Monday Yahoo Source link #Trump #visiting #Gulf #Arab #states #crises #flare #Gaza #Iran #News Pelican News View the full article at [Hidden Content]