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MARCH 6, 2025 Ontario Premier Doug Ford ordered the removal of U.S. alcohol from the shelves in the province (AP) The Liquor Control Board of Ontario (LCBO) is removing alcohol from the U.S. from its shelves after the Trump administration’s tariffs on Canada and Mexico went into effect on Tuesday at midnight. The president imposed tariffs of 25 percent on Canadian goods, as well as a 10 percent tariff on...
MARVH 5, 2025 Elon Musk leaves following a luncheon with members of the Senate Republican Conference on Capitol Hill in Washington, D.C., U.S., March 5, 2025. WASHINGTON, D.C. - U.S. Senate Republicans pushed for Congress to codify spending cuts identified by billionaire Elon Musk's Department of Government Efficiency on Wednesday, after the Supreme Court declined to let President Donald Trump withhold...
MARCH 5, 2025 Volunteers at a displacement camp unload an aid delivery from USAID on Dec. 17, 2021, in Bahir Dar, Ethiopia. WASHINGTON, D.C. — The Supreme Court on Wednesday backed a federal judge's power to order the Trump administration to pay $2 billion to U.S. Agency for International Development contractors but did not require immediate payment. In doing so, the court...
MARCH 4, 2025 The Elon Musk-led Department of Government Efficiency’s (DOGE) move to cancel some federal contracts could hit consulting-focused technology companies hired by the US government for discretionary projects, but Indian IT will largely remain insulated, or face a limited impact, industry experts said. The Indian IT services industry gets an insignificant portion of the annual US federal spending, accounting...
MARCH 4, 2025 Bill Nye the "Science Guy" — formerly the host of a popular educational show for children — caught the ire of MAGA loyalists when he suggested that Elon Musk, head of the Department of Government Efficiency, was planning to replace weather satellites operated by the National Oceanic and Atmospheric Administration with satellites operated by his Starlink service. Musk's government gutting, backed by the Trump administration, has resulted...
MARCH 4, 2025 Donald Trump threatened American students with arrest for taking part in “illegal” protests in his latest controversial move. The US president said on Tuesday that all federal funding will stop for colleges and schools that allow “illegal” protests and that agitators will be imprisoned or sent back to the country they came from. “American students will be permanently expelled or, depending on...
MARCH 4, 2025 Elon Musk’s Tesla has fallen sharply after the equity market bull run following Donald Trump’s inauguration ended - Jim Watson/AFP One of the surest turn-of-the-year bets was that we had reached peak Elon Musk and that, from there on in, it would be downhill all the way for the Tesla, SpaceX and Twitter impresario. But few foresaw the...
MARCH 4, 2025 Sir Keir Starmer pledged to ‘develop a coalition of the willing’ to defend a peace deal in Ukraine - Julian Simmonds - WPA Pool/Getty Images The FTSE 100 hit a record high today after Sir Keir Starmer held an emergency peace summit in London yesterday. Share prices of UK and European defence companies soared today as the UK and...
MARCH 3, 2025 People protest against federal employee layoffs at Yosemite national park in California on Saturday. Photograph: Laure Andrillon/AFP/Getty Images Donald Trump has ordered that swathes of America’s forests be felled for timber, evading rules to protect endangered species while doing so and raising the prospect of chainsaws razing some of the most ecologically important trees in the US. The president, in...
MARCH 3, 2025 The market has shed its post-election gains. - Spencer Platt/Getty Images Berkshire Hathaway’s legendary CEO Warren Buffett says that tariffs are an “act of war” that could further worsen inflation. After a blitz of information in recent weeks, it seems that the market agrees, with stocks falling again on Monday. After the election, pundits were awash in reasons investors shouldn’t worry that President Donald Trump...