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Donald Trump has initiated a new tariff confrontation with China, announcing a proposed 10% levy on Chinese goods, citing Beijing's failure to curb drug trafficking into the U.S. This announcement, made on his Truth Social platform, raises questions about whether this tariff is an additional charge or a reduction from a previously suggested 60%. Analysts suggest this could test President Xi Jinping's willingness to negotiate with the incoming Trump administration, with implications for future U.S.-China relations. Trump's transition team is expected to appoint Jamieson Greer as U.S. Trade Representative, emphasizing the challenge of countering China's trade practices. In response, China defended its anti-drug efforts and expressed a desire for continued cooperation, while warning that no one benefits from a trade war. The uncertainty now lies in whether China will adopt a cautious or aggressive stance in response to Trump's tariffs, reminiscent of strategies from the previous trade war. 
Published: Nov 27 2024, 1 pmeznews.inWalmart has announced the discontinuation of several programs supporting diversity, including the removal of LGBTQ+ products from its website and the closure of a non-profit aiding minority groups. This move reflects a wider trend among major corporations, prompted by pressure from conservative activists and influenced by the US Supreme Court's recent ruling against affirmative action in higher education. As the largest employer in the US, with around 1.6 million employees, Walmart joins other companies such as Tractor Supply, Lowe's, Ford, Molson Coors, Bud Light, and Target in scaling back diversity, equity, and inclusion (DEI) initiatives. In a statement, Walmart acknowledged its ongoing journey towards inclusivity, emphasizing that its decisions are aimed at fostering a sense of belonging and creating opportunities for all associates, customers, and suppliers.
Published: Nov 27 2024, 2 pmeznews.inAs Donald Trump prepares to assume the presidency in 2025, his foreign policy approach will face significant challenges amid ongoing conflicts in the Middle East, Ukraine, and rising tensions in Asia. In the Middle East, Israel's military actions in Gaza and against Hezbollah in Lebanon continue to escalate, with Trump appointing pro-Israel Mike Huckabee as ambassador to Israel. In Ukraine, the ongoing Russian invasion has left Kyiv reliant on Western aid, with concerns over potential cuts following the Republican election victory. Meanwhile, North Korea's missile tests and strengthened ties with Russia have raised alarms, prompting analysts to warn of increased instability in Northeast Asia. Tensions also simmer over Taiwan, with Trump appointing China hawk Marco Rubio as secretary of state, signaling a more confrontational U.S. stance towards Beijing. Collectively, these geopolitical hotspots will test Trump's promised strategies to end wars and restore peace globally.
Published: Nov 27 2024, 2 pmeznews.inTensions have escalated in Bangladesh following the arrest of Hindu priest Chinmoy Krishna Das Brahmachari, leading to targeted attacks on Hindu temples in Chattogram. Protests erupted nationwide as the Hindu community demanded his release and justice for ongoing persecution since the ousting of former Prime Minister Sheikh Hasina. Reports indicate that at least three temples have been attacked in the past 24 hours. The International Society for Krishna Consciousness (ISKCON) condemned the violence and called for justice, sharing videos of the assaults online. In response to India's condemnation of the arrest, Bangladesh's government deemed it an internal matter, asserting that all citizens have the right to practice their religion without hindrance. Amidst this unrest, the brutal killing of lawyer Saiful Islam Alif during protests has further heightened tensions, prompting increased security measures from the authorities. The situation underscores the ongoing challenges faced by religious minorities in the country.
Published: Nov 27 2024, 3 pmeznews.inFormer rugby union player James Haskell has described the British royal family as "very dysfunctional," while maintaining a long-standing friendship with Prince Harry. In an interview with the London Times, Haskell reflected on his close ties to Harry and his family, noting he has spent significant time with them over the years, including attending Harry's wedding to Meghan Markle. While criticizing some family dynamics, Haskell defended the monarchy's role, emphasizing its importance and warning against calls for its abolition. The rift between Harry and the royal family has been widely reported, particularly following revelations in Harry's memoir, _Spare_. Despite the tensions, a source indicated that the relationship between Harry and his brother, Prince William, while strained, is not beyond repair. Haskell continues to engage with royal connections through his podcast, “The Good, the Bad & the Rugby,” alongside fellow hosts Mike Tindall and Alex Payne.
Published: Nov 27 2024, 12 pmeznews.inGeorge Stubbs' renowned painting "The Spanish Pointer" is set to be auctioned at Sotheby's in London next week, with an estimated value of £1.5 million to £2 million. This 18th-century portrait of a Spanish pointer dog, painted between 1766 and 1768, last changed hands for £30,000 in 1972 and £11 in 1802. Julian Gascoigne, a senior director at Sotheby's, expressed excitement over the painting's re-emergence, highlighting Stubbs' exceptional understanding of animal anatomy, evidenced in the dog's distinctive features. The breed, introduced to England in the early 18th century, was prized by sportsmen for its hunting skills. Since its only official exhibition in 1948, the artwork has been largely unseen until now. Stubbs, a largely self-taught artist, is celebrated for his animal portraits, with notable works including "Whistlejacket," displayed at the National Gallery in London. "The Spanish Pointer" will be available for viewing at Sotheby's until early December.
Published: Nov 27 2024, 1 pmeznews.inA guitar company, Trump Guitars, has found itself at the center of a trademark dispute after being accused by Gibson of imitating its iconic Les Paul design. The company, which claims to have the only guitar endorsed by Donald Trump, received a "cease and desist" letter from Gibson, asserting that Trump Guitars' products infringe upon its exclusive trademarks. Despite this legal challenge, the company has sold out of its $11,500 Trump-autographed American Eagle electric guitar and is promoting a "Presidential Series" that features Trump's name inlaid on the fretboard. The website clarifies that it is not affiliated with Gibson and that the guitars are manufactured using various international and domestic components. The situation raises questions about potential impacts from a proposed 25 percent tariff on imports from Mexico and Canada, as Trump continues to leverage his brand across a diverse range of products.
Published: Nov 27 2024, 1 pmeznews.inDenmark's Glyptotek museum has announced it will return the bronze head of Roman Emperor Septimius Severus to Turkey, resolving an 18-month dispute with Ankara, which claims the artifact was looted during an archaeological dig. The head, on display in Copenhagen for over 50 years, was part of a statue that spent decades in a private U.S. collection before being returned to Turkey, minus the head, nearly two years ago. Turkish archaeologist Jale Inan examined the pieces and concluded they belonged together, prompting Turkey's formal request for the head in May 2023. Initially met with skepticism by Danish officials, the museum ultimately decided to comply, citing the illegal sale of unique archaeological finds from the region. Glyptotek director Gertrud Hvidberg-Hansen emphasized that recent trends in returning such artifacts influenced their decision.
Published: Nov 27 2024, 11 ameznews.inJapanese police have arrested a 37-year-old man on suspicion of trespassing after he reportedly confessed to breaking into over 1,000 homes as a means of relieving stress. The suspect was apprehended on Monday in Dazaifu, southern Japan, where he admitted to the unusual hobby, stating, "I get so thrilled that my palms sweat when wondering if someone will discover me or not." According to the Mainichi Shimbun, the man described his actions as a source of excitement that helped alleviate his stress. The case highlights a bizarre approach to coping with anxiety, raising questions about mental health and public safety in Japan. Authorities continue to investigate the extent of his activities and the potential impact on the communities affected.
Published: Nov 27 2024, 11 ameznews.inLuxury conglomerate LVMH, led by 75-year-old founder and CEO Bernard Arnault, faces growing speculation regarding its future leadership amid his lack of a named successor. Despite his five children being actively involved in the business, the succession plan remains ambiguous, raising questions among investors and consumers about who will lead the iconic luxury brand portfolio. Arnault, who has extended the retirement age for the chairman and CEO role to 80, emphasizes his commitment to LVMH, which generated $92.17 billion in revenue last year. Recently, strategic changes were made, including the appointment of Cecile Cabanis as future CFO, yet the Arnault family's control remains strong following a restructuring of their holding company, Agache. As the next generation actively assumes leadership roles within the group, the future of LVMH appears to hinge on a family-centric approach, though specific succession details continue to elude clarity.
Published: Nov 27 2024, 11 am
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