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Friday, April 18, 2025

China hasn't imported liquefied natural gas from the United States since early February, as the tariff war hit energy trade and could have long-term consequences for U.S. LNG export contracts. read more


Thursday, April 17, 2025

A U.S.-born American citizen was being detained at the request of immigration authorities Thursday despite an advocate showing his U.S. birth certificate in court and a county judge finding no reason for him to be considered an "illegal alien" who illegally entered Florida. Juan Carlos Gomez-Lopez, 20, was arrested Thursday evening by Florida Highway Patrol and charged under a state immigration law that has been temporarily blocked since early this month. Details of Gomez-Lopez's arrest and detention were first reported by the Florida Phoenix news site.


Tuesday, April 15, 2025

Beijing's export halt is notable because China has a stranglehold on global supplies of rare earths and magnets derived from them. They also represent an asymmetric advantage in that rare earths constitute a small share of China's exports but have an outsize impact on trade partners like the U.S., which relies on them as critical inputs for the auto, chip, aerospace, and defense industries. read more


Tuesday, April 08, 2025

Indian students facing minor criminal offences, including traffic violations in the US, are now being targeted by the country's authorities US authorities have revoked visas of international students including dozens of Indian students who received related mails from their designated school officials According to a report by Times of India, which quoted the e-mails receieved, the students were informed that their F-1 student visas were no longer valid and were asked to leave the country at once. The e-mails cited past criminal offences by the students like shifting lanes while driving, drunk driving, shoplifting, etc. as reasons for their deportation. In the past few weeks, hundreds of international students in the US received e-mails informing them about their visa being revoked and asking them to self-deport. read more


Monday, April 07, 2025

There is little to no evidence to support a "vague, uncorroborated" allegation that Kilmar Abrego Garcia was once in the MS-13 street gang, U.S. District Judge Paula Xinis wrote. read more


Comments

Still waiting for a Republican to explain how crashing the dollar is going to Make America Great Again!

apnews.com
Wall Street and the dollar tumble as investors retreat further from the United States

NEW YORK (AP) -- Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump's trade war and his criticism of the Federal Reserve, which are shaking the traditional order.

The S&P 500 sank 2.4% in another wipeout. That yanked the index that's at the center of many 401(k) accounts 16% below its record set two months ago.

The Dow Jones Industrial Average dropped 971 points, or 2.5%, while losses for Tesla and Nvidia helped drag the Nasdaq composite down 2.6%.

Perhaps more worryingly, U.S. government bonds and the value of the U.S. dollar also sank as prices retreated across U.S. markets. It's an unusual move because Treasurys and the dollar have historically strengthened during episodes of nervousness. This time around, though, it's policies directly from Washington that are causing the fear and potentially weakening their reputations as some of the world's safest investments.

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