Fed adds video tour footage to building renovation information page on website
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
RTHK
an hour ago
- RTHK
Canadian PM expects 'constructive' trade talks with US
Canadian PM expects 'constructive' trade talks with US Mark Carney is expected to speak to Donald Trump in the coming days over Washington's 35 percent tariffs on Canada, an official says. Photo: Reuters Canadian Prime Minister Mark Carney has expressed optimism that negotiations with the United States on trade would lead to 'something constructive'. Carney made the comments while visiting the Vancouver Pride Parade, while also insisting that 'Canada is strong' and would continue building on its own. 'We can give ourselves far more than anyone can take away,' he said. The federal cabinet minister in charge of US-Canada trade, meanwhile, said Carney and US President Donald Trump will likely talk in the coming days after the Washington imposed a 35 percent tariff on goods not covered by the US-Mexico-Canada trade agreement. Dominic LeBlanc also told CBS News' "Face the Nation" that he was "encouraged" by recent discussions and believed a deal to bring down tariffs remained an option. "We're encouraged by the conversations with Secretary Lutnick and Ambassador Greer, but we're not yet where we need to go to get the deal that's in the best interest of the two economies," LeBlanc said, referring to US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer. The trade minister said he expected Carney and Trump to speak "over the next number of days." "We think there is an option of striking a deal that will bring down some of these tariffs provide greater certainty to investment," LeBlanc said. Washington linked Friday's tariff announcement in part to what it said was Canada's failure to stop fentanyl smuggling. It was the latest blow in a months-long tariff war which Trump initiated shortly after returning to power this year. Carney says Canada accounts for just 1 percent of US fentanyl imports and has been working intensively to further reduce the volumes. (Reuters)
South China Morning Post
3 hours ago
- South China Morning Post
For China's titans of industry, nationalism is a double-edged sword
In early 2014, during China's 'two sessions' , I interviewed the late Zong Qinghou , the founder and chairman of Wahaha, in Beijing. He was 69 at the time, attending the National People's Congress for the 12th time as a delegate. He appeared before my camera, travel-worn and wearing a pair of well-worn cloth shoes that cost just 20 yuan. During the interview, he was energetic and sharp-tongued, speaking frankly about the invisible barriers faced by private enterprises. He asserted that market access was either blocked by bureaucracy or manipulated by non-market forces. Zong criticised excessive government intervention: 'The government's meddling hands need to be pulled back, so the invisible hand of the market can do its job.' He was skilled at explaining complex issues in plain language, carrying the candour and drive of an old-school entrepreneur, along with a keen sense of how to navigate the subtleties of state-business relations. After the interview, I titled the segment 'The Cloth-Shoe Top Billionaire', a moniker that fit him perfectly. His simple clothing, 50-square-metre office and habit of eating in the staff canteen weren't just his personal lifestyle choices; they were embraced and amplified by the public as the ideal image of a frugal and patriotic entrepreneur. It was a symbolic projection rooted in that era's aspirations and emotional needs. Who could have imagined that 11 years on, this persona would come crashing down?
South China Morning Post
3 hours ago
- South China Morning Post
Boeing fighter jet workers plan to strike on Monday amid labour dispute
Boeing workers who build fighter jets are planning to go on strike on Monday at midnight. About 3,200 workers at Boeing facilities in St Louis and St Charles, Missouri and Mascoutah, Illinois voted to reject a modified four-year labour agreement with Boeing, the International Association of Machinists and Aerospace Workers union said on Sunday. 'IAM District 837 members build the aircraft and defence systems that keep our country safe,' said Sam Cicinelli, Midwest territory general vice-president for the union, in a statement. 'They deserve nothing less than a contract that keeps their families secure and recognises their unmatched expertise.' The vote followed members' rejection last week of an earlier proposal from the troubled aerospace giant, which had included a 20 per cent wage increase over four years. At the time, union leaders had recommended approving the offer, calling it a 'landmark agreement' and saying the offer would improve medical, pension and overtime benefits.
