The Panama Canal has spent the past few years battling extreme weather, with the El Niño phenomenon and severe drought leading to a water-level crisis. Now, it’s President Trump’s trade war that is threatening the global trade gateway. A critical passage for U.S. East Coast bound ocean freight container traffic, the Panama Canal is facing a potential business slump as a result of Trump’s China tariffs and a rapid decline in manufactured goods being ordered by U.S. shippers.Forty percent of all U.S. container traffic travels through the Panama Canal every year, and in all, $270 billion in cargo annually. The…
Author: usaeverydaylife
Romanians are casting ballots Sunday in a critical presidential election redo after last year’s annulled vote plunged the European Union and NATO member country into its worst political crisis in decades.Eleven candidates are vying for the presidency and a May 18 runoff is expected. Polls opened at 7 a.m. (0400 GMT) and will close at 9 p.m. (1800 GMT). By 2 p.m., 5.1 million people — about 28.7% of eligible voters — had cast ballots, according to the Central Election Bureau, with a massive 630,000 coming from voters at polling stations set up in other countries.Romania’s political landscape was shaken…
Ukraine is getting more help in its war with Russia.A Patriot air-defense system that was based in Israel will be sent to Ukraine after it is refurbished, four current and former U.S. officials said in recent days, and Western allies are discussing the logistics of Germany or Greece giving another one.The officials, speaking on condition of anonymity because of the sensitivity of the discussions, declined to describe President Trump’s view of the decision to transfer more Patriot systems to Ukraine, nor did they comment on whether it was made before he took office, during the Biden administration.The White House’s National…
It’s springtime in America and across the country, kids are heading to the ballfields, soccer games and lacrosse matchups. Their families may also be spending a lot of time on a sports app called GameChanger, which was acquired by Dick’s Sporting Goods in 2016 . The app can be used for live streaming games, as well as for following a team’s schedule, statistics and scorekeeping. While just a fraction of Dick’s business, GameChanger is “a key long term growth and margin driver,” Michael Baker, analyst at D.A. Davidson, wrote in an April 23 note. He has a buy rating on…
JPMorgan added Netflix to its list of favorite stocks as the new month gets under way. Every month, the bank refreshes its analyst focus list, which includes its top ideas aligned with the growth, income, value and short investment strategies. JPMorgan’s changes come after a month characterized by high market volatility stemming from President Donald Trump’s new global tariffs. Recent disappointing data points have further bolstered fears of an economic slowdown. Although hopes of easing trade tensions sent stocks higher to wrap up April, this slight comeback wasn’t enough to save the S & P 500 and Dow Jones Industrial…
The Texas Instruments Inc. logo is seen on scientific calculator packages in Tiskilwa, Illinois.Daniel Acker | Bloomberg | Getty ImagesInvestors with concerns about the risks facing the economy may want to add some stable income to their portfolio in the form of dividend-paying stocks.To this end, Wall Street experts’ recommendations can help pick lucrative dividend stocks that have the ability to make consistent payments despite near-term pressures. Here are three dividend-paying stocks, highlighted by Wall Street’s top pros on TipRanks, a platform that ranks analysts based on their past performance.AT&TThis week’s first dividend stock is telecom giant AT&T (T). The company recently reported…
Passengers wait following Israel closed its airspace to all domestic and international flights between 01.00-07.00 a.m. were canceled after Iran launched the attack on Israel, at Ben Gurion airport in Tel Aviv, Israel on April 14, 2024.Nir Keidar | Anadolu | Getty ImagesA missile launched by Iranian-backed rebels in Yemen on Sunday briefly halted flights and commuter traffic at Israel’s main international airport after an impact left a plume of smoke and caused panic among passengers.The Houthi rebels have been striking Israel throughout the war in Gaza in solidarity with Palestinians. The attack on Ben-Gurion International Airport came hours before…
Australia’s prime minister, Anthony Albanese, never styled himself as an anti-Trump figure in his pitch for re-election.He said he trusted President Trump, and that he respected America’s democratic process. He rarely invoked Mr. Trump by name, redirecting questions about him to discussions of budget surpluses or a comment that he was focused on Australia. He was measured and opaque in any criticisms of Mr. Trump, and vowed not to retaliate against his tariffs.But the global tumult set off by Mr. Trump’s return to power made him a factor in Australia’s election. And in the end, Mr. Albanese and his center-left…
There are so many unfamiliar faces, cardinals are wearing name tags. The Vatican guesthouse for out-of-towners coming to choose the next pope is overbooked. Daily Vatican meetings have taken on the feel of theological speed-dating sessions.“The cardinals don’t know each other so well,” said Cardinal Anders Arborelius of Sweden, who has spent recent days in a crowded Vatican lecture hall listening to the concerns and learning the names of the record number of cardinals Pope Francis appointed who will choose his successor.Cardinal Arborelius sat in a section reserved for a small group of newcomers from countries that never had cardinals…
Four days after winning his first elected office and leading the Liberal Party as it held onto power, Prime Minister Mark Carney laid out a timetable and a broad legislative agenda for his new government.At a news conference on Friday, Mr. Carney’s big announcement was that he would head to Washington on Tuesday to open negotiations with President Trump on economic and trade issues. The United States’ 25 percent tariffs on Canadian-made vehicles, steel and aluminum had, of course, loomed large during the campaign.[Read: Canada’s Prime Minister to Visit Trump Amid Trade Battle]And on Election Day, the U.S. president had…
