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The federal government is offering $500 million in loan guarantees to Canada’s softwood lumber industry and placing limits on imported foreign steel as the two sectors reel from U.S. President Donald Trump’s tariffs, Prime Minister Mark Carney said Wednesday. Ottawa is cutting steel import quotas for countries that do not have a free trade agreement…
Hong Kong’s deadliest fire in years blazed late into the night on Wednesday as the city’s leader confirmed at least 36 people, including a firefighter, had died and another 279 people were reported missing. Hundreds of residents were evacuated as the blaze spread across seven high-rise apartment buildings in a housing complex in Tai Po…
MacKenzie Scott, one of the world’s most influential philanthropists, has come full circle after once relying on a friend’s financial help to stay in college. As a Princeton undergraduate, Scott faced dropping out when she could not afford $1,000 in fees, until her roommate Jeannie Tarkenton secured the money for her. Decades later, Scott, now…
A federal judge in Manhattan is demanding more information from the Justice Department as he weighs its request to unseal records from the sex trafficking case against Jeffrey Epstein’s longtime confidante Ghislaine Maxwell. Judge Paul A. Engelmayer on Tuesday ordered the Justice Department to tell him what materials it plans to publicly release that were…
The prosecutor who recently took over the Georgia election interference case against President Donald Trump and others said in a court filing Wednesday that he has decided not to pursue the case further. Pete Skandalakis, the executive director of the Prosecuting Attorneys’ Council of Georgia, took over the case last month from Fulton County District…
At Fleece & Harmony, a woolen mill and yarn shop in bucolic Belfast, Prince Edward Island, owner Kim Doherty used to be able to send yarn skeins to U.S. customers across the border with little fanfare. The yarn orders usually met an import tax exemption for packages valued at under $800, meaning it could be…
Billionaire Mittal chooses Dubai’s Naïa Island over UK / Image: File Steel magnate Lakshmi Mittal has stepped back from full-time UK residency and will spend far more time in Dubai and Switzerland as Britain tightens tax rules for the super-rich. The move follows Labour’s package of wealth and inheritance tax changes that have prompted several…
Tesla CEO Elon Musk stirred a row when he appeared to endorse a debatable remark made by right-wing political commentator Matt Walsh regarding immigration. Walsh, who hosts The Matt Walsh Show podcast, said that importing people from third world countries can bring chaos with them, saying, “Somalis is totally dysfunctional and corrupt because scam, piracy…
An Australian senator campaigning for a national burqa ban was suspended Tuesday from parliament for the rest of the year after wearing the garment in the chamber. Pauline Hanson, the 71-year-old leader of the anti-Muslim, anti-immigrations One Nation minor party, was accused of performing a disrespectful stunt on Monday after she walked into the Senate…
Indian-origin venture capitalist Asha Jadeja Motwani doubled down on her view that US must restrict H-1B visas only to the world’s “top talent.” She said the programme should not be used to let “mediocre” engineering workers from foreign countries storm US. Her comments come a week after she claimed she had influenced US President Donald…
