Author: Press Room
SINGAPORE: China will target economic growth of “around 5 per cent” this year for the third consecutive time, according to the annual work report – seen by CNA – that Chinese Premier Li Qiang will deliver at the opening of China’s annual Two Sessions. China’s economy expanded by 5 per cent in 2024, with gross domestic product (GDP) reaching 134.9 trillion yuan (US$18.77 trillion). While China has maintained the same growth target since 2023, achieving it this year will require overcoming mounting external threats and domestic pressures. On the foreign front, a trade war is escalating, with the US doubling…
United States President Donald Trump has been true to his threats. On Tuesday, the Trump administration unleashed 25 percent blanket tariffs on Canadian imports, excluding energy, which was hit with 10 percent. Trump also slapped a 25 percent tariff on Mexico, and doubled China’s tariffs to 20 percent. Royal Bank of Canada economists Francis Donald and Cynthia Leach have called this the largest trade shock to Canada in nearly a hundred years. Vina Nadjibulla, vice president of research and strategy at the Asia Pacific Foundation of Canada, referred to the tariffs as an “existential fight” for Canada. Whatever the impact,…
CBS News’ Confirmed team is fact checking President Trump’s 2025 joint address to Congress Tuesday night, his first speech to both chambers of Congress since he won the presidential election in November. He’s expected to speak about his domestic and foreign policy agenda, the economy, his administration’s efforts to contain illegal immigration, and his plans for foreign policy, including the Middle East and Ukraine-Russia war.Partially true: Trump claims illegal border crossings in February were “the lowest ever recorded.”Trump: “As a result, illegal border crossings last month were by far, the lowest ever recorded. Ever.”Details: The number of migrants crossing the…
Ada County Judge Steven Hippler told both sides in the Idaho student murders case that they will no longer have the court’s permission to file a large number of documents under seal and out of view of the public.”The parties’ pervasive practice of filing material under seal in this case has become the norm rather than the exception,” Hippler wrote in an order filed Monday. “Rather than seeking to redact discrete sensitive information, entire documents are filed under seal. In addition, much of the material the parties seek to seal is already in the public domain or is simply not…
By Kat Ludwig Global News Posted March 4, 2025 7:12 pm 1 min read Descrease article font size Increase article font size Estevan, Sask. is commonly known as the energy city, being a hub for trades work in industries like oil, gas, and agriculture. Some city officials in Estevan says local jobs in those industries could be on the line thanks to the tariffs from the United States. Get daily National news Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day. However, the city is optimistic because the provincial government is…
In December, the Chicago White Sox traded pitcher Garrett Crochet to the Boston Red Sox. Shortly after joining the Red Sox, Crochet made it clear he was seeking a long-term contract extension from his new team. The request raised some eyebrows, considering the White Sox were not successful in their reported attempts to move Crochet ahead of last July’s trade deadline. Crochet was also on an innings restriction last season, but he did manage to pitch 146 innings in 2024.Crochet is projected to take the mound for the Red Sox on opening day next month. As April nears, the 25-year-old is…
The NBL has conceded its officials missed a goaltending call that would have given Perth Wildcats two crucial points in their gut-wrenching one-point semifinal defeat to Melbourne United on Tuesday night.The Wildcats were bundled out of the playoffs after the epic game three at John Cain Arena, but had clear claims to a goaltending call against United’s Marcus Lee with 2:22 remaining and scores level.They went on to lose 113-112 after a frantic finish where veteran skipper Jesse Wagstaff briefly levelled the scores with a clutch three-pointer.The NBL released a statement on Wednesday morning admitting the call against Lee off…
China kept its economic growth target at roughly 5 per cent for the third year running.
China’s top leaders sought to project confidence in the country’s economy on Wednesday despite sluggish growth, an escalating trade war with the United States and growing geopolitical uncertainty caused by the Trump administration.The government will aim to expand China’s economy by “around 5 percent” this year, said Premier Li Qiang, China’s highest-ranking official after Xi Jinping, at the opening of the annual session of the country’s rubber-stamp legislature.“Achieving this year’s targets will not be easy, and we must make arduous efforts to meet them,” Mr. Li said, acknowledging that the economy faced many challenges. But he struck a positive note…
Chief Justice John G. Roberts Jr. makes a point of going to the State of the Union address. But he does not enjoy it, once calling it “a political pep rally.”He was there again on Tuesday, accompanied by Justices Brett M. Kavanaugh and Amy Coney Barrett, both appointed by President Trump; Justice Elena Kagan, appointed by President Barack Obama; and Justice Anthony M. Kennedy, a Reagan appointee who retired in 2018.“I’m not sure why we are there,” Chief Justice Roberts, who was appointed by President George W. Bush, said in 2010, adding: “The image of having the members of one…
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