PANAMA CITY (AP) – Panama’s Supreme Court ruled late Thursday that the concession held by a subsidiary of Hong Kong’s CK Hutchison Holdings to operate ports at either end of the Panama Canal was unconstitutional, an outcome that advances a U.S. aim to block any influence by China over the strategic waterway.
NEW YORK (AP) - The U.S. stock market roared back, as technology stocks recovered and bitcoin halted its plunge, at least for now. The S&P 500 jumped 2% Friday for its best day since May. The Dow Jones Industrial Average soared roughly 1,200 points and topped the 50,000 level for the first time, while the Nasdaq composite rallied 2.2%.
SAN JOSE, Costa Rica (AP) – Despite Costa Rica’s highest homicide rates occurring under outgoing President Rodrigo Chaves, Costa Ricans appeared poised to throw their support to his handpicked successor Laura Fernández in Sunday’s presidential election to continue Chaves’ efforts to tackle the crime.
HONG KONG (AP) – Hong Kong’s pro-democracy former media tycoon Jimmy Lai will be sentenced Monday following his conviction in December under a Beijing-imposed national security law. Lai, the 78-year-old founder of the now-defunct Apple Daily newspaper, could face up to life in prison in the case that has stirred criticism from some foreign governments.
PANAMA CITY (AP) – Latin American leaders, who gathered for a development forum Wednesday, called for regional unity in the face of increasing political polarization and the recent U.S. intervention in Venezuela.
WASHINGTON (AP) – Looking back on the first year of his second term, President Donald Trump boasts that he has resurrected the American economy by imposing big import taxes on foreign products. He made his case in a recent opinion piece in The Wall Street Journal, chiding the paper and critics, including mainstream economists, who predicted that tariffs would backfire, raising prices and threatening growth. “Instead,” he wrote, “they have created an American economic miracle.”
TEGUCIGALPA, Honduras (AP) – Trump-backed businessman Nasry Asfura was sworn in Tuesday as president of Honduras, and pledged to create jobs, crack down on crime and improve key social services like education and health care.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – The U.S. imposed sanctions on five Costa Ricans and five Costa Rican entities for allegedly helping to transport tons of cocaine from Colombia, storing the drugs in Costa Rica, then shipping them to the U.S. and Europe.
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