Australian government claims ‘miracle’ election win

Australian government claims ‘miracle’ election win

 PM heads to church, football after ‘miracle’ election//Lidia Kelly, Barrett/REUTERSAustralian PM heads to church, football after ‘miracle’ election//Lidia Kelly, Barrett/REUTERS

MELBOURNE/SYDNEY (Reuters) – Australian Prime Minister Scott Morrison thanked his fellow Pentecostal churchgoers on Sunday after a miraculous election victory that defied years of unfavourable opinion polls and bruised a Labor opposition that had been widely expected to win. Continue reading Australian government claims ‘miracle’ election win

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China hits back in trade war with US

China hits back in trade war with US

London (CNN Business)China is striking back at the United States as the trade war between the world’s two biggest economies continues to escalate.
 
Beijing said Monday that it will increase tariffs on roughly $60 billion worth of US goods on June 1, including American cotton, machinery, grains and aircraft parts. More than 4,000 items are affected, most of which will carry tariffs of 25% — up from 10% when they were first levied last September.
 
The move follows Friday’s increase in US tariffs on $200 billion worth of Chinese exports from 10% to 25%. The Trump administration, which has accused China of backtracking on previous trade commitments, sought to turn up the pressure on Beijing after months of talks failed to produce a breakthrough. But it’s not clear whether the return of tit-for-tat penalties will push Beijing toward a deal.
 
US and Chinese negotiators ended another round of talks on Friday without an agreement to resolve American concerns on market access and intellectual property theft.
  Continue reading China hits back in trade war with US

U.S. seizes North Korean ship it accuses of violating sanctions

U.S. seizes North Korean ship it accuses of violating sanctions

WASHINGTON (AP) — The U.S. said Thursday that it has seized a North Korean cargo ship that was used to violate international sanctions, a first-of-its kind enforcement action that comes amid a tense moment in relations between the two countries.
The “Wise Honest,” North Korea’s second largest cargo ship, was detained in April 2018 as it traveled toward Indonesia and is in the process of being moved to American Samoa, Justice Department officials said.
Officials made the announcement hours after the North Korea fired two suspected short-range missiles toward the sea, a second weapons launch in five days and a possible signal that stalled talks over its nuclear weapons program are in trouble. The public disclosure that the vessel is now in U.S. custody may further inflame tensions, though U.S. officials said the timing of their complaint was not a response to the missile launch. Continue reading U.S. seizes North Korean ship it accuses of violating sanctions