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Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum held talks on Tuesday, focusing on strategies to counter perceived unjustified trade actions by the United States. In a statement, Carney's office underscored the need to maintain North American competitiveness while respecting each country's sovereignty. This dialogue comes amid ongoing trade tensions, particularly as U.S. President Donald Trump has recently announced and postponed tariffs affecting Canada and Mexico, along with plans for reciprocal tariffs on global trading partners. The discussions reflect a collaborative effort between Canada and Mexico to address challenges posed by U.S. trade policies and ensure mutual economic interests are protected. 
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Apr 02 2025, 2 ameznews.inIn the wake of President Donald Trump's announcement of significant tariffs on foreign goods, American consumers are rushing to stockpile essentials before prices rise. Reports indicate a surge in purchases of items such as laptops, smartphones, apparel, and automobiles, particularly those assembled outside the U.S. With a 32% tax on imports from Taiwan and a staggering 52% on those from China, shoppers are keen to beat the impending price hikes. Popular clothing brands like Gap and H&M, which source a substantial portion of their products from countries like Vietnam and Bangladesh, are seeing increased sales. Furthermore, consumers are also buying foreign foods, gym equipment, and home appliances, all expected to become more expensive due to the tariffs. Trump’s tariffs, described as a "Liberation Day" for American industry, are set to affect around 60 trading partners, with the initial 10% tariff already in effect.
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Apr 05 2025, 2 pmeznews.inThe death toll from a devastating earthquake in Myanmar has surpassed 3,300, with state media reporting 3,354 fatalities and over 4,500 injuries following the 7.7-magnitude quake on March 28. More than a week later, many survivors remain without shelter, either sleeping outdoors or fearing further building collapses. The United Nations estimates that over three million people have been affected, exacerbating existing challenges from four years of civil conflict. UN aid chief Tom Fletcher, who visited the severely damaged city of Mandalay, emphasized the urgent need for global support, stating, "The destruction is staggering." Meanwhile, Myanmar's military junta chief Min Aung Hlaing returned from a controversial regional summit, facing protests branding him a "murderer." The junta has reportedly conducted numerous attacks since the quake, complicating relief efforts, although countries like China, Russia, and India have already sent aid. The U.S. has pledged an additional $7 million in assistance.
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Apr 05 2025, 3 pmeznews.inPrime Minister Narendra Modi was awarded Sri Lanka's highest civilian honour, the Mithra Vibhushana, during his three-day visit to the island nation, a recognition of his efforts to enhance bilateral relations and cultural ties. Sri Lankan President Anura Kumara Dissanayake presented the award, emphasizing Modi's deserving nature of this accolade, which Modi remarked is a "matter of pride" not only for him but for all Indians. This award marks the 22nd international recognition for Modi and symbolizes the enduring friendship between India and Sri Lanka, featuring elements like the Dharma Chakra and Navrathna gems. Modi's visit also included a ceremonial welcome at Independence Square, bilateral talks, and the signing of several key agreements, including a defence cooperation pact and initiatives to develop Trincomalee as an energy hub. The visit reflects a significant step in strengthening the historical ties between the two nations.
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Apr 05 2025, 1 pmeznews.inAn Oklahoma man has been charged with first-degree murder following the fatal shooting of a Catholic priest at a church rectory in Seneca, Kansas. Authorities reported that 57-year-old Arul Carasala was found with gunshot wounds outside the Saints Peter and Paul Catholic Church on Thursday and later died in hospital. Gary Hermesch, 66, was arrested and charged, with the complaint alleging he "intentionally and with premeditation" killed Carasala. Although the motive remains unclear, local parish director Kris Anderson described the incident as shocking, noting that an older man approached the priest and shot him three times. Carasala had served as pastor since 2011 and was a beloved figure in the community. Archbishop Joseph Naumann acknowledged the "pain and shock" felt by residents, assuring them there was no ongoing threat. Hermesch is being held on a $1 million bond.
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Apr 05 2025, 12 pmeznews.inJP Morgan has forecasted that the US economy is likely to enter a recession this year, primarily due to newly imposed tariffs by President Donald Trump. In a note to investors, chief US economist Michael Feroli indicated that the tariffs could lead to a contraction in gross domestic product (GDP) and an increase in the unemployment rate to 5.3 percent. This prediction follows Trump's announcement of reciprocal tariffs on various countries, aimed at rebalancing trade relationships. Federal Reserve Chair Jerome Powell expressed concerns that these tariffs could exacerbate economic damage and complicate inflation control efforts. While tariffs of 10 percent on imports will take effect on April 5, countries with large trade deficits, including India, will face higher tariffs starting April 9. Despite the tariffs, brokerage firm Jefferies suggested that key Indian sectors like IT services might be insulated, although a broader US economic slowdown could still negatively impact demand for Indian exports.
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Apr 05 2025, 12 pmeznews.inAnthony Scaramucci, a former White House communications director and Wall Street figure, has voiced concerns over Donald Trump's "cruel" nature while acknowledging his sharp political instincts, particularly following Trump's recent announcement of sweeping tariffs. As the U.S. grapples with the implications of these tariffs, which contradict economic logic, public sentiment appears to be turning against Trump. A recent CBS News poll revealed that 64% of Americans believe he is not focused enough on lowering prices, with many fearing that the tariffs will exacerbate inflation and hurt the economy. Critics, including veteran Republican strategist Karl Rove and economists, argue that Trump's approach disregards the complexities of the global economy and could harm key voter demographics, including farmers. Despite the potential short-term pain, Trump insists that these tariffs will ultimately restore American manufacturing and generate significant government revenue, though skepticism remains about their long-term viability and impact on U.S. competitiveness.
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Apr 05 2025, 12 pmeznews.inIndia and Sri Lanka have formalized a significant defence pact following a meeting between Indian Prime Minister Narendra Modi and Sri Lankan President Ranil Wickremesinghe. The agreement, aimed at strengthening military cooperation and enhancing regional security, underscores the growing ties between the two nations amid evolving geopolitical dynamics in the Indian Ocean region. This development is seen as a strategic move to bolster defence capabilities and foster collaboration in counter-terrorism and maritime security. Further details on the specifics of the pact and its implications for both countries are expected to emerge as the situation develops. This agreement marks a pivotal moment in India-Sri Lanka relations, reflecting a shared commitment to stability and security in the region.
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Apr 05 2025, 12 pmeznews.inOn Saturday, thousands across the United States will rally under the 'Hands Off!' banner, protesting against what they describe as a significant power grab by Donald Trump and Elon Musk. Over 1,200 protests, organised by more than 150 groups, including civil rights organisations and labour unions, are set to take place in all 50 states, with a major gathering anticipated at the National Mall in Washington, DC. The movement, potentially the largest single-day protest since Trump began his second term, aims to oppose his policies on Social Security cuts, federal layoffs, and measures affecting immigrants and the transgender community. Protesters are also voicing concerns over Musk's influence in the government, particularly through the Department of Government Efficiency. Organisers expect around 12,500 participants in DC, highlighting a growing backlash against what they perceive as an assault on democracy and public services by the ultra-rich.
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Apr 05 2025, 11 ameznews.inDonald Trump spent a long weekend at his Florida golf resort, defiantly pursuing his agenda amid growing concerns over his controversial tariff plans, which have contributed to a significant market downturn. The 78-year-old president, who declared it a "great time to get rich," faced backlash for prioritizing leisure over pressing national issues, including the return ceremony for four US troops killed in Lithuania. As he prepared for a high-priced "MAGA Inc Candlelight Dinner" at Mar-a-Lago, Trump also purged key national security officials, reportedly at the behest of far-right conspiracist Laura Loomer. Critics, including members of his own party, warned that his tariff strategy could lead to a recession, jeopardizing his political future. Despite dissenting voices, Trump’s allies defended his leadership, asserting that he should remain in control of the economy as he aims to consolidate power within his administration.
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Apr 05 2025, 11 ameznews.inAirbus has announced ambitious plans for a new commercial aircraft, set to take to the skies in the next decade, featuring innovative foldable wings as part of its 'Wing of Tomorrow' programme. Inspired by the albatross, these wings will enhance lift and reduce drag while allowing the aircraft to fit into airport gates. The new design aims to make the aircraft 20-30% more efficient than the current A320neo family, incorporating advanced automation and lightweight composite materials. Sue Partridge, head of the programme, explained that the wings will fold during taxiing for terminal access and unfold for takeoff. Additionally, Airbus is exploring open-fan engines and hydrogen-powered options, although these technologies are not yet ready for immediate implementation. The company anticipates launching the aircraft in the latter half of the decade, amid competition from Boeing, which is also developing folding wingtips for its 777X model.
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Apr 05 2025, 11 am
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