Latest news with #American-led
Yahoo
22-05-2025
- Business
- Yahoo
‘This is the hardest year ever': US trade war uncertainty sees farmers in this Chinese fishing town scrambling
Maoming, China is the world's largest tilapia exporter, and workers in this small southern city are greatly impacted by tariffs and the U.S. trade war. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) China exports $425 million worth of tilapia to the U.S. a year, and before the two countries decided to roll back tariffs in May for 90 days, these exports were facing duties of 170%, reports Reuters. Even though workers have the supply and America has the demand, ballooning trade costs meant a lot of uncertainty for fish farmers and buyers. Since the recent trade talks in Geneva, Switzerland, the fish trade in this region has gone from 'flat to flourishing,' reports China Daily, with prices rising. But the truce is still fragile. Shaken local producers are reportedly looking to explore alternative markets. "We believe it is a step-by-step process to shake off our dependence on the U.S.," said Cao Luoding, deputy president of Guolian Aquatic Products Co, to the news outlet. Maoming is massive. The city's tilapia fish farms alone are one and a half times the size of San Francisco, according to Reuters. In 2024, China exported 167,000 metric tonnes of tilapia, per the USDA. The exports to the U.S. were 7,400 metric tonnes. Before the recent pause on tariffs, Maoming fish workers were worried. The peak tilapia stocking season is usually from March through May, and Tilapia prices dropped 17% last month. "This is the hardest year ever," a worker said to Reuters in April. "Normally, we'd have sold a lot by now. But no one's buying. Farmers are scared." Read more: You're probably already overpaying for this 1 'must-have' expense — and thanks to Trump's tariffs, your monthly bill could soar even higher. Here's how 2 minutes can protect your wallet right now A slight drop in prices or even a little fluctuation is normal, but the drastic cost changes impact everyone. If fewer Americans buy tilapia, there will be fewer trips for importing and exporting. That's fewer boats making the trip, smaller crews managing the loads, and fewer people handling the fish at each destination. With less volume, warehouses won't need as much space to hold the inventory. With a massive drop in tilapia exports, American-led teams — from logistics to packaging and retail — could be out of work. Americans are no strangers to drastic inflation hurting income and savings. However, the more people lose jobs because of tariffs and trade wars between the U.S. and China, the higher the unemployment rate will be. If more folks lose jobs and access to benefits, health care and savings, some folks may fall behind on mortgage or rent payments, car notes and other bills as less money comes in. According to a recent Bankrate survey, nearly 3 in 4 Americans are saving less this year for emergency expenses due to inflation/rising prices, elevated interest rates or a change in income or employment. There's a chance some people could lose their homes or get their cars repossessed if they fall far enough behind on payments. Many of these economic uncertainties are already causing friction in global trade. But the longer the trade war looms, the more of an impact it could have close to home. Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
22-05-2025
- Science
- Time of India
Why does the universe exist? Here's how the US and Japan are working to solve the cosmic mystery
Image source: In the remote forests of South Dakota, a state-of-the-art laboratory is where scientists are examining one of the deepest puzzles of physics: the reason behind the existence of the universe. Along with them, a rival team in Japan which is currently years ahead is also pursuing the same question, setting the stage for a global scientific race. The prevailing models of the Universe's origin are trying to examine why matter, from galaxies to planets, exists in such abundance. To explore this mystery , both teams are constructing sophisticated detectors designed to study neutrinos that are elusive subatomic particles that may hold critical clues. US launches Deep Underground Neutrino Experiment The American-led group believes that the key to this understanding may lie beneath the Earth 's surface, where they're developing the Deep Underground Neutrino Experiment (DUNE) that is a massive international effort to unlock the secrets of our cosmic origins. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 수천시간을 투자해서 만든 이미지영어 40분 특강 스티븐영어 지금 시작하기 Undo To reach the heart of their experiment, scientists will descend 1,500 meters beneath the Earth's surface into three enormous underground chambers. The scale of the excavation is so immense that construction crews and their machinery appear dwarfed, like miniature models in a vast diorama. Now, the facility is entering a critical phase as the Deep Underground Neutrino Experiment (DUNE) is ready to begin building its detectors which is an international collaboration involving over 1,400 scientists from 35 countries, united by one goal that is to understand the reason behind the existence of universe in its current form. According to prevailing theories, the birth of the Universe produced equal quantities of matter and antimatter which are mirror versions of each other. In theory, these should have destroyed one another, leaving behind nothing but pure energy. And yet, matter remains—forming the stars, planets, and life itself. The mystery of that imbalance is what Deep Underground Neutrino Experiment aims to resolve. To uncover why matter succeeded over antimatter and why we exist at all, scientists are turning their focus to one of the Universe's most elusive particles: the neutrino, and its antimatter counterpart, the antineutrino. The experiment involves firing high-energy beams of these particles from a site in Illinois, sending them on an 800-mile journey underground to sophisticated detectors in South Dakota. As they travel, neutrinos and antineutrinos subtly shift their identities in a process known as oscillation. Researchers aim to determine whether the behavior of neutrinos differs from that of antineutrinos. If such a difference exists, it may offer the long-sought explanation for why the early Universe didn't self-eradicate in a burst of energy and why matter and ultimately life survived. The Deep Underground Neutrino Experiment (DUNE) brings together a global team of over 1,400 scientists from 30 nations. Among them is Dr. Kate Shaw of the University of Sussex describes the project's potential as "transformative" for both physics and our broader understanding of humanity's place in the cosmos. Japan launches Hyper-Kamiokande On the other side of the globe, a team of Japanese scientists is also on the hunt for answers to one of physics' deepest mysteries. Inside a vast facility enhanced with glowing golden spheres, they are constructing Hyper-Kamiokande - a next generation neutrino detector set to surpass its predecessor named Super-Kamiokande in both scale and sensitivity. The vast chamber, with its reflective surfaces and golden glow, resembles a shrine to scientific discovery mirroring the grandeur of the underground halls at the Deep Underground Neutrino Experiment in South Dakota which is located at some 6,000 miles away. Hyper-K is part of a major international collaboration, and its neutrino beam is expected to go online in under three years and well ahead of the U.S.-based project. Although experts have different views on it as some think that having both experiments operational will ultimately benefit the scientific community providing complementary data and stronger results. While the race is underway, the first results from both experiments won't be available for several years. For now, the question of what triggered the beginning of time and ultimately led to our existence is what makes people curious to know about the facts behind this mystery. Also read: James Webb Space Telescope identified Milky Way's cosmic twin from the universe's first billion years
Daily Record
21-05-2025
- Business
- Daily Record
8 burning Rangers headlines on Gerrard claim, a Martin truth and £120m share issue sparks bullish 49ers vow
It's all going on at Ibrox as a new manager is sought and the 49ers lay out their blueprint to rock Ibrox. Celtic-daft Alan Brazil reckons Steven Gerrard 's love for Rangers was in the front of his mind in the wake of recent wind-ups aimed in the direction of Glasgow's east end The broadcaster revels in the sledging which comes in a divided city and he reckons he can see something similar in the 44-year-old – who is currently locked in talks over a stunning return to Ibrox under a new regime. Brazil – speaking on talkSPORT – said: "I mentioned it a couple of weeks ago, what about Steven after he left his job in the Middle East. He tries to wind a few Celtic fans up on social media so he clearly has a nice soft spot for Rangers. He's tried and tested, he's won it there. Ally says never go back but I don't see why it wouldn't be a good choice." Ally McCoist previously revealed his reservations over going back, however, he noted the success of Brendan Rodgers in his second Celtic act as Gerrard weighs up a similar opportunity. But he warned the club he loves that there is no time to waste in the pursuit to end Celtic's dominance of Scottish football. He said: "You've got to get it done quickly so you give the new guy coming an opportunity to get ready for the start of the season." 49ers' Enterprises are going all in on their bid to get Leeds United rocking after their return to the Premier League. Leeds are to inject £120m into the club's coffers via a fresh share issue – which is aimed at topping up their transfer funds and going towards their major renovations of Elland Road. Chairman Paraag Marathe – a key figure within the NFL behemoths working with Andrew Cavenagh on the Ibrox takeover – is determined to buck the trend of promoted sides instantly plummeting back to the Championship. Leeds issued a similar share issue last year with a £141m share capital to mitigate £164m of a cash deficit. And the latest move by the American-led consortium comes with profitability and sustainability rules (PSR) at the forefront of their strategy with stadia upgrades and youth investment not counting against spending. Marathe underlined the need to get things right when it comes to signings. And he once again offered an insight into the clout the Rangers manager in-waiting could be afforded under the regime. The 49ers supremo said: 'You've got to nail your transfers. 'We are going to build the best squad that we can with every penny that we're allowed to spend to go and compete in the Premier League. "If there was a player that Daniel [Farke] didn't want… [and] if there was a player that didn't fit us for other reasons, we didn't bring him in. And so we're going to work in the same way.' Russell Martin isn't believed to be Rangers' first choice – but the man who gave him his big break in management believes he should be. Former MK Dons chief Pete Winkelman appointed Martin as manager in 2019 and the charismatic owner has credited the former Scotland centre-back with transforming the entire club. Winkelman said: 'I'm a massive fan of Russ. I gave him his first job in management straight from playing. 'And it's one of the best decisions I've ever made. 'I always took risks with managers but it was a really good risk appointing Russ. 'Because he reinvented our club. He didn't just make us play better, he affected the culture of the club. 'He got us back on track with what I've always believed our club should be about. 'His philosophy guides everything, which means there's a continuity of purpose there." Meanwhile, Ianis Hagi is a wanted man in the wake of his Rangers departure as he is eyed for a stunning return to his homeland. Steaua Bucharest owner Gigi Becali has revealed he's launched an ambitious bid to sign released Hagi with a guaranteed clause in his contract promising him he would play all European games. Elsewhere, Philippe Clement is battling it out with Mark van Bommel to return to football management with Anderlecht. The Belgian boss has been without a club since Rangers axed him in February following a defeat by St Mirren at home, which followed a calamitous loss to Queen's Park at home in the Scottish Cup. However, he's on a shortlist of two to replace current Anderlecht coach Besnik Hasi, with the Albanian boss set to leave after this weekend's final league match of the season at Genk. The Brussels club are guaranteed a fourth place finish. Reports in Belgium have confirmed both Clement and former Barcelona and Bayern Munich star van Bommel have already been interviewed for the role. Clement was initially believed to want to continue his coaching career in Europe, but is interested in the Anderlecht role.
Irish Examiner
19-05-2025
- Politics
- Irish Examiner
Pope and JD Vance meet ahead of diplomatic push for Ukraine ceasefire
Pope Leo XIV and US vice president JD Vance have met at the Vatican ahead of a flurry of American-led diplomatic efforts to make progress on a ceasefire in Russia's war in Ukraine. Mr Vance, a Catholic convert, had led the US delegation to the formal Mass opening the pontificate of the first American pope. Joining him at the meeting was US secretary of state Marco Rubio, also a Catholic, Vance spokesperson Luke Schroeder said. For many nations, the image of a mother and child is a symbol of life that must be protected. Today, we presented Pope Leo XIV @Pontifex with a special icon – the Holy Mother with the Infant, painted on a fragment of a crate used to store heavy artillery munitions, brought from… — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) May 18, 2025 According to a Vatican statement after their meeting: 'There was an exchange of views on some current international issues, calling for respect for humanitarian law and international law in areas of conflict and for a negotiated solution between the parties involved.' The Vatican listed Mr Vance's delegation as the first of several private audiences Leo was having on Monday with people who had come to Rome for his inaugural Mass, including other Christian leaders and a group of faithful from his old diocese in Chiclayo, Peru. The Vatican, which was largely sidelined during the first three years of Russia's invasion of Ukraine, has offered to host any peace talks while continuing humanitarian efforts to facilitate prisoner swaps and reunite Ukrainian children taken by Russia. The new pontiff is looking to continue with the policies of his predecessor (Vatican Media via AP) After greeting Leo briefly at the end of Sunday's Mass, Mr Vance spent the rest of the day in separate meetings, including with Ukrainian President Volodymyr Zelensky. He also met with European Union Commission President Ursula von der Leyen and Italy's Premier Giorgia Meloni, who said she hoped the tri-lateral meeting could be a 'new beginning'. In the evening, Ms Meloni spoke by phone with US President Donald Trump and several other European leaders ahead of Mr Trump's expected call with Russia's President Vladimir Putin on Monday, according to a statement from Meloni's office. Leo, the former Cardinal Robert Prevost, is a Chicago-born Augustinian missionary who spent the bulk of his ministry in Chiclayo, a commercial city of around 800,000 on Peru's northern Pacific coast. This is the hour for love! The heart of the Gospel is the love of God that makes us brothers and sisters. With my predecessor Leo XIII, we can ask ourselves today: If this criterion 'were to prevail in the world, would not every conflict cease and peace return?' (Rerum Novarum) — Pope Leo XIV (@Pontifex) May 18, 2025 In the days since his May 8 election, Leo has vowed 'every effort' to help bring peace to Ukraine. He also has emphasised his continuity with Pope Francis, who made caring for migrants and the poor a priority of his pontificate. Before his election, then-cardinal Prevost shared news articles on X that were critical of the Trump administration's plans for mass deportations of migrants. Mr Vance was one of the last foreign officials to meet with Francis before the Argentine pope's death on April 21. The two had tangled over migration, with Francis publicly rebuking the Trump administration's deportation plan and correcting Mr Vance's theological justification for it.
Yahoo
19-05-2025
- Politics
- Yahoo
Pope and JD Vance meet ahead of diplomatic push for Ukraine ceasefire
Pope Leo XIV and US vice president JD Vance have met at the Vatican ahead of a flurry of American-led diplomatic efforts to make progress on a ceasefire in Russia's war in Ukraine. Mr Vance, a Catholic convert, had led the US delegation to the formal Mass opening the pontificate of the first American pope. Joining him at the meeting was US secretary of state Marco Rubio, also a Catholic, Vance spokesperson Luke Schroeder said. For many nations, the image of a mother and child is a symbol of life that must be protected. Today, we presented Pope Leo XIV @Pontifex with a special icon – the Holy Mother with the Infant, painted on a fragment of a crate used to store heavy artillery munitions, brought from… — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) May 18, 2025 According to a Vatican statement after their meeting: 'There was an exchange of views on some current international issues, calling for respect for humanitarian law and international law in areas of conflict and for a negotiated solution between the parties involved.' The Vatican listed Mr Vance's delegation as the first of several private audiences Leo was having on Monday with people who had come to Rome for his inaugural Mass, including other Christian leaders and a group of faithful from his old diocese in Chiclayo, Peru. The Vatican, which was largely sidelined during the first three years of Russia's invasion of Ukraine, has offered to host any peace talks while continuing humanitarian efforts to facilitate prisoner swaps and reunite Ukrainian children taken by Russia. After greeting Leo briefly at the end of Sunday's Mass, Mr Vance spent the rest of the day in separate meetings, including with Ukrainian President Volodymyr Zelensky. He also met with European Union Commission President Ursula von der Leyen and Italy's Premier Giorgia Meloni, who said she hoped the tri-lateral meeting could be a 'new beginning'. In the evening, Ms Meloni spoke by phone with US President Donald Trump and several other European leaders ahead of Mr Trump's expected call with Russia's President Vladimir Putin on Monday, according to a statement from Meloni's office. Leo, the former Cardinal Robert Prevost, is a Chicago-born Augustinian missionary who spent the bulk of his ministry in Chiclayo, a commercial city of around 800,000 on Peru's northern Pacific coast. This is the hour for love! The heart of the Gospel is the love of God that makes us brothers and sisters. With my predecessor Leo XIII, we can ask ourselves today: If this criterion 'were to prevail in the world, would not every conflict cease and peace return?' (Rerum Novarum) — Pope Leo XIV (@Pontifex) May 18, 2025 In the days since his May 8 election, Leo has vowed 'every effort' to help bring peace to Ukraine. He also has emphasised his continuity with Pope Francis, who made caring for migrants and the poor a priority of his pontificate. Before his election, then-cardinal Prevost shared news articles on X that were critical of the Trump administration's plans for mass deportations of migrants. Mr Vance was one of the last foreign officials to meet with Francis before the Argentine pope's death on April 21. The two had tangled over migration, with Francis publicly rebuking the Trump administration's deportation plan and correcting Mr Vance's theological justification for it.
