WASHINGTON (AP) – Three years after Honduras parted ways with Taiwan and forged diplomatic ties with China in hope of economic gain, shrimp farmers in the Central American country are in revolt. Their sales to Taiwan fell to a mere $16 million in 2025, down from more than $100 million in 2022, and the Chinese didn’t fill the void as hoped.
NEW YORK (AP) - U.S. stocks slumped after a report said inflation was primed to worsen even before the war with Iran sent oil prices spiking. The S&P 500 fell 1.4% for its first loss this week. The Dow Jones Industrial Average dropped 1.6%, and the Nasdaq composite slid 1.5%. Treasury yields climbed in the bond market, which in turn hurt the price of gold.
PANAMA CITY (AP) – Two ports run for years by a Hong Kong-based company at either end of the Panama Canal have thrust Panama into a geopolitical tug-of-war between the United States and China. Even before taking office for his second term, U.S. President Donald Trump complained that China was running the Panama Canal.
The U.S. counterterrorism official who resigned Tuesday had been a staunch supporter of President Donald Trump through his 2020 election defeat, the Jan. 6 riots and years of conservative media advocacy and failed congressional bids. But Trump’s war in Iran and his alliance with Israel against the Islamic clerics who led the Tehran government were too much for Joe Kent.
PANAMA CITY (AP) – Panamanian investigators carried documents Thursday out of offices belonging to a Hong Kong-owned company that operated ports at either end of the Panama Canal until its concession was declared unconstitutional by the Supreme Court last month.
WASHINGTON (AP) – President Donald Trump said Tuesday NATO and most other allies have rejected his calls to help secure the Strait of Hormuz, grousing that he has been unable to rally support behind his war of choice in Iran that he insists he’s conducting for the good of the world, even if it doesn’t appreciate his effort.
BANGKOK (AP) – Hong Kong is protesting Panama’s seizure of two ports on a canal vital for global trade that were operated by a Hong Kong-based company for decades, the city’s government said Tuesday. Hong Kong’s Commerce and Economic Development Bureau said in a statement it had lodged “stern protests” with Panama’s consulate.
Excerpts from recent editorials in the United States and abroad:
PANAMA CITY (AP) – The Panamanian government on Monday issued a decree ordering the occupation of two ports at the entrances of the Panama Canal, a move triggered by a final Supreme Court ruling that declared the operating concession held by Hong Kong-based company CK Hutchison unconstitutional.
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