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.
NEW YORK (AP) - The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain. The S&P 500 fell as much as 1.5% before flipping to a gain of 0.8%. The Dow Jones Industrial Average rose 239 points, and the Nasdaq composite climbed 1.4%. Oil prices whipped from nearly $120 per barrel back toward $90.
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.
World leaders have tried and failed to curb climate change by appealing to nations to act for the common good. Now, the Iran war and its costly energy crunch have some experts wondering if selfishness and nationalism may be a more likely way to save the planet, by boosting support for homegrown renewables over imported fossil fuels.
MEXICO CITY (AP) – The navies of El Salvador and Mexico announced drug seizures in the Pacific Ocean this week of more than 10 tonnes of cocaine, in contrast to deadly strikes by the U.S. government that just this week left 11 people dead on three boats suspected of carrying drugs in Latin American waters.
NEW YORK (AP) – U.S. stocks recovered much of an early loss amid growing concerns about whether the global economy can withstand spiking prices for oil, which briefly got to nearly $120 per barrel on Monday. Wall Street had initially followed global markets on a steep descent earlier in trading and remains twitchy and quick to reverse.
GUATEMALA CITY (AP) – Guatemala lifted its state of emergency Monday, one month after President Bernardo Arévalo sought special powers following the killing of 10 police officers by suspected gang members.
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GUATEMALA CITY (AP) – A judge ordered Thursday that Guatemalan journalist José Rubén Zamora be returned to house arrest again while awaiting trial after spending nearly a year in jail in his latest stint of incarceration.
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