
MADRID (AP) — Spanish King Felipe VI used his traditional Christmas Eve speech to remember the victims of the catastrophic Valencia flash floods , and urged the country to remain calm despite public debates around hot-button issues such as immigration and housing affordability. In a pre-recorded speech that usually reviews the year's most relevant issues, Felipe said Spain “must never forget the pain and sadness" the flood have caused. The Oct. 29 floods killed more than 225 people in eastern Spain, damaging countless homes and leaving graveyards of cars piled on top of each other. In some towns, the heavy downpours that caused the floods dropped as much as a year's worth of rain in just eight hours. In early November, as Spaniards' shock at the wreckage turned into frustration, a political blame game began, directed especially at regional authorities who failed to send timely emergency alerts to cell phones on the day of the floods. The frustration of residents in hard-hit Paiporta near Valencia was on display when people tossed mud and shouted insults at the king and government officials in early November when they made their first visit to the town. “We have seen — and understood — the frustration, the pain, the impatience, the demands for greater and more effective coordination," Felipe said about how the disaster was managed, adding that he had asked that aid be sent to everyone who needed it. He also addressed the country's housing crunch and high rents, which have become a leading concern in this European Union country that is the eurozone's fourth-largest economy. Fast-rising rents are especially acute in cities like Barcelona and Madrid, where incomes have failed to keep up, especially for younger people in a country with chronically high unemployment. Felipe urged that “all the actors involved reflect” and "listen to each other” so that they facilitate bringing access to housing under “affordable conditions.” Spain's immigration debate should keep in mind the country's European partners and immigrants' countries of origin, Felipe said, warning that “the way in which we are able to address immigration ... will say a lot in the future about our principles and the quality of our democracy.” Felipe said Spain need to remain calm in the public sphere, even in the face of a “sometimes thunderous” contest in its politics.Police deny sitting on evidence as Netflix doc brings renewed attention to JonBenet Ramsey's killing DENVER (AP) — Amid renewed interest in the killing of JonBenet Ramsey triggered in part by a new Netflix documentary, police in Boulder, Colorado, refuted assertions this week that there is viable evidence and leads about the 1996 killing of the 6-ye Colleen Slevin, The Associated Press Nov 27, 2024 12:25 PM Nov 27, 2024 12:35 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message FILE - A police officer sits in her cruiser, Jan. 3, 1997, outside the home in which 6-year-old JonBenet Ramsey was found murdered in Boulder, Colo., on Dec. 26, 1996. (AP Photo/David Zalubowski, File) DENVER (AP) — Amid renewed interest in the killing of JonBenet Ramsey triggered in part by a new Netflix documentary, police in Boulder, Colorado, refuted assertions this week that there is viable evidence and leads about the 1996 killing of the 6-year-old girl that they are not pursuing. JonBenet Ramsey, who competed in beauty pageants, was found dead in the basement of her family’s home in the college town of Boulder the day after Christmas in 1996. Her body was found several hours after her mother called 911 to say her daughter was missing and a ransom note had been left behind. The details of the crime and video footage of JonBenet competing in pageants propelled the case into one of the highest-profile mysteries in the United States. The police comments came as part of their annual update on the investigation, a month before the 28th anniversary of JonBenet’s killing. Police said they released it a little earlier due to the increased attention on the case, apparently referring to the three-part Netflix series “Cold Case: Who Killed JonBenet Ramsey.” In a video statement, Boulder Police Chief Steve Redfearn said the department welcomes news coverage and documentaries about the killing of JonBenet, who would have been 34 this year, as a way to generate possible new leads. He said the department is committed to solving the case but needs to be careful about what it shares about the investigation to protect a possible future prosecution. “What I can tell you though, is we have thoroughly investigated multiple people as suspects throughout the years and we continue to be open-minded about what occurred as we investigate the tips that come into detectives," he said. The Netflix documentary focuses on the mistakes made by police and the “media circus” surrounding the case. JonBenet was bludgeoned and strangled. Her death was ruled a homicide, but nobody was ever prosecuted. Police were widely criticized for mishandling the early investigation into her death amid speculation that her family was responsible. However, a prosecutor cleared her parents, John and Patsy Ramsey, and brother Burke in 2008 based on new DNA evidence from JonBenet's clothing that pointed to the involvement of an “unexplained third party” in her slaying. The announcement by former district attorney Mary Lacy came two years after Patsy Ramsey died of cancer. Lacy called the Ramseys “victims of this crime.” John Ramsey has continued to speak out for the case to be solved. In 2022, he supported an online petition asking Colorado’s governor to intervene in the investigation by putting an outside agency in charge of DNA testing in the case. In the Netflix documentary, he said he has been advocating for several items that have not been prepared for DNA testing to be tested and for other items to be retested. He said the results should be put through a genealogy database. In recent years, investigators have identified suspects in unsolved cases by comparing DNA profiles from crime scenes and to DNA testing results shared online by people researching their family trees. In 2021, police said in their annual update that DNA hadn’t been ruled out to help solve the case, and in 2022 noted that some evidence could be “consumed” if DNA testing is done on it. Last year, police said they convened a panel of outside experts to review the investigation to give recommendations and determine if updated technologies or forensic testing might produce new leads. In the latest update, Redfearn said that review had ended but that police continue to work through and evaluate a “lengthy list of recommendations” from the panel. ____ Amy Beth Hanson contributed to this report from Helena, Montana. Colleen Slevin, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More The Mix Travelers who waited to make Thanksgiving trips are hitting the biggest crowds so far Nov 27, 2024 12:26 PM Industry not consulted on Alberta's plan to challenge federal emissions cap Nov 27, 2024 12:19 PM To play Maria Callas, Angelina Jolie had to learn how to breathe again Nov 27, 2024 12:15 PM Featured Flyer
At least eight people were killed by Israeli military operations in the northern West Bank around the city of Tulkarem on Tuesday, the Palestinian Health Ministry said, including three people it said were killed by Israeli airstrikes. The Israeli military said it opened fire after militants attacked soldiers, and it was aware of some uninvolved civilians who were harmed in the raid. Elsewhere in the occupied West Bank, the Palestinian city of Bethlehem was marking a second somber Christmas Eve under the shadow of the war in Gaza, with most festivities cancelled and crowds of tourists absent. Israel's bombardment and ground invasion in Gaza has killed over 45,000 Palestinians, more than half of them women and children, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians in its count. Winter is hitting the Gaza Strip and many of the nearly 2 million Palestinians displaced by the devastating 15-month war with Israel are struggling to protect themselves from the wind, cold and rain. The war in Gaza was sparked by Hamas’s attack on southern Israel in October 2023, during which about 1,200 people were killed and 250 taken hostage by Palestinian militants. Around 100 hostages are still being held in Gaza , although only two thirds are believed to still be alive. Here’s the latest: NUR SHAMS REFUGEE CAMP, West Bank — The Palestinian Health Ministry said at least eight people were killed by Israeli military operations in and around the city of Tulkarem in the northern West Bank on Tuesday. The ministry reported three of the dead were killed by airstrikes. The Israeli military said it opened fire after militants attacked soldiers, and it was aware of some uninvolved civilians who were harmed in the raid. An Associated Press photojournalist captured images of Israeli forces detonating an explosive device planted by Palestinian militants during a raid in the Nur Shams refugee camp. Israel has carried out several large-scale raids in the West Bank since the start of the war in Gaza, ignited by Hamas’ Oct. 7 attack on southern Israel. While airstrikes were once rare in the West Bank, they have grown more common since the outbreak of war as Israeli forces clamp down, saying they aim to prevent attacks on their citizens. Israeli fire has killed at least 800 Palestinians in the occupied West Bank since October 2023, Palestinian health officials say. In that time, Palestinian militants have launched a number of attacks on soldiers at checkpoints and within Israel. SAYDNAYA, Syria — A large crowd of Syrians gathered near a historic monastery in Saydnaya on Christmas Eve to witness the lighting of a towering tree adorned with glowing green lights. Tuesday's celebration offered a rare moment of joy in a city scarred by over a decade of war and an infamous prison , where tens of thousands were held. Families and friends stood beneath the illuminated tree — some wearing Santa hats, others watching from rooftops — while a band played festive music and fireworks lit up the sky “This year is different, there’s happiness, victory and a new birth for Syria and a new birth for Christ,” said Houssam Saadeh, one attendee. Another, Joseph Khabbaz, expressed hope for unity across all sects and religions in Syria, dismissing recent Christmas tree vandalism as “isolated incidents.” Earlier in the afternoon, pilgrims visited the historic Our Lady of Saydnaya Monastery, one of the world’s oldest Christian monasteries, believed to be built in the sixth century. In Homs, a similarly grand Christmas tree was illuminated as security officers patrolled the area to ensure a safe and peaceful gathering, according to Syria’s state media. UNITED NATIONS -- Recent attacks on hospitals in North Gaza, where Israel is carrying out an offensive, are having a devastating impact on Palestinian civilians still in the area, the U.N. humanitarian office says. The U.N. Office for the Coordination of Humanitarian Affairs expressed deep concern at reports that the Israeli military entered the Indonesian Hospital on Tuesday, forcing its evacuation. The humanitarian office, known as OCHA, also expressed deep concern at attacks reported in recent days in and around the two other hospitals in North Gaza that are minimally functioning – Al Awda and Kamal Adwan. OCHA said the Israeli siege on Beit Hanoun, Beit Lahia and parts of Jaballiya in North Gaza continued for a 79th day on Tuesday, and while the U.N. and its partners have made 52 attempts to coordinate humanitarian access to besieged areas in December 48 were rejected by Israel. While four missions were approved, OCHA said the U.N. and its partners faced impediments as a result of Israeli military operations and “none of the U.N.-coordinated attempts to access the area have been fully facilitated.” Throughout the Gaza Strip, OCHA said that Israeli authorities facilitated just 40% of requests for humanitarian movements requiring their approval in December. WASHINGTON — A leading global food crisis monitor says deaths from starvation will likely pass famine levels in north Gaza as soon as next month. The U.S.-created Famine Early Warning System Network says that’s because of a near-total Israeli blockade of food and other aid in that part of Gaza. The finding, however, appears to have exposed a rift within the Biden administration over the extent of starvation in northern Gaza. The U.S. ambassador to Israel, Jacob Lew, disputes part of the data used in reaching the conclusion and calls the intensified famine warning “irresponsible.” Northern Gaza has been one of the areas hardest-hit by fighting and Israel’s restrictions on aid throughout its 14-month war with Hamas militants. UNITED NATIONS — Israel’s foreign minister has requested an emergency meeting of the U.N. Security Council to condemn recent missile and drone attacks by Yemen’s Houthi rebels, and to condemn the group's Iranian allies for allegedly providing the group with weapons. Gideon Saar said in a letter Tuesday to Ambassador Linda Thomas-Greenfield of the United States, which holds the council presidency this month, that the Houthis are violating international law and council resolutions. “This Iranian-backed terrorist group continues to endanger Israel’s and other nations’ security, as well as the freedom of maritime navigation, in flagrant violation of international law,” Saar said. “All of this malign activity is done as part of a broader strategy to destabilize the region.” The U.S. Mission to the United Nations did not immediately respond to an email asking when the council meeting will be held. The Houthis have said they launched attacks on shipping in the Red Sea – and on Israel -- with the aim of ending Israel’s devastating air and ground offensive in the Gaza Strip. The Israeli war in Gaza followed Hamas’ deadly October 2023 attacks in southern Israel. TEL AVIV, Israel — An Israeli military investigation has concluded that the presence of troops inadvertently contributed to the deaths of six hostages killed by their Hamas captors in Gaza. The hostages' bodies were discovered in a tunnel in late August, an event that shook Israel and sparked some of the largest anti-war protests since the war began. The investigation found that the six hostages were killed by multiple gunshots from their captors after surviving for nearly 330 days. The Israeli military’s “ground activities in the area, although gradual and cautious, had a circumstantial influence on the terrorists’ decision to murder the six hostages,” the report found. According to the investigation, the Israeli military began operating in the area where the hostages were being held in southern Gaza about two weeks before their discovery, under the assumption that the chances of hostages in the area was medium to low. On August 27, hostage Qaid Farhan Alkadi was found alone in a tunnel , causing the Israeli military to halt operations for 24 hours to determine if there could be other hostages in the area. The military discovered the opening leading to the tunnel where the bodies of the six hostages were located on August 30. A pathological report estimated the six hostages were killed on August 29. The six hostages killed were Carmel Gat, Eden Yerushalmi, Alexander Lobanov, Almog Sarusi, Ori Danino, and Hersh Goldberg-Polin , whose American-Israeli parents became some of the most recognized spokespeople pleading for the hostages’ release, including addressing the Democratic National Convention days before their son’s killing. “The investigation published tonight proves once again that the return of all hostages will only be possible through a deal,” the Hostages Families Forum said in response to the investigation. “Every passing moment puts the hostages’ lives in immediate danger.” JERUSALEM — The Israeli negotiating team working on a ceasefire returned from Qatar to Israel on Tuesday, the prime minister’s office said, after what it called “a significant week” of talks. After months of deadlock, the U.S., Qatar and Egypt resumed their mediation efforts in recent weeks and reported greater willingness by the warring sides to reach a deal. According to Egyptian and Hamas officials, the proposed agreement would take place in phases and include a halt in fighting, an exchange of captive Israeli hostages for Palestinian prisoners, and a surge in aid to the besieged Gaza Strip. Israel says Hamas is holding 100 hostages, over one-third of whom are believed to be dead. On Monday, Prime Minister Benjamin Netanyahu said there was “some progress” in efforts to reach a deal, but added he did not know how long it would take. CAIRO — Israeli soldiers took control of a hospital in isolated northern Gaza after forcing all the patients and most of the doctors to leave, the Palestinian Health Ministry said Tuesday. Some of the patients had to walk to another hospital while others were driven by paramedics, according to Health Ministry spokesperson Zaher al-Wahidi. He did not specify how many patients had evacuated. The Israeli military confirmed its troops had entered the Indonesian Hospital in the town of Jabaliya as part of an operation searching for Hamas fighters. The army later said its soldiers had left the hospital. The military said it had assisted with evacuating the patients and had not ordered the hospital closed. However, al-Wahidi said only one doctor and maintenance person were left behind. The Indonesian Hospital is one of three hospitals left largely inaccessible in the northernmost part of Gaza because Israel has imposed a tight siege there since launching an offensive in early October. The Israeli army said Tuesday’s operation at the Indonesian Hospital came after militants carried out attacks from the hospital for the past month, including launching anti-tank missiles and planting explosive devices in the surrounding area. The Health Ministry accused Israel of “besieging and directly targeting” the three hospitals in northern Gaza. Hussam Abu Safiya, the director of Kamal Adwan Hospital, said Israeli drones detonated explosives near the hospital and that 20 people were wounded, including five medical staff. The Israeli military declined to comment on the operation around the hospital. DAMASCUS — Scores of Syrian Christians protested in the capital Damascus on Tuesday, demanding greater protections for their religious minority after a Christmas tree was set on fire in the city of Hama a day earlier. Many of the insurgents who now rule Syria are jihadis, although Ahmad al-Sharaa, the leader of the main rebel group Hayat Tahrir al-Sham, has renounced longtime ties to al-Qaida and spent years depicting himself as a champion of pluralism and tolerance. It remains unclear who set the Christmas tree on fire Monday, which was condemned by a representative of Hayat Tahrir al-Sham who visited the town and addressed the community. “This act was committed by people who are not Syrian, and they will be punished beyond your expectations," the HTS representative said in a video widely shared on social media. "The Christmas tree will be fully restored by this evening.” On Tuesday, protesters marched through the streets of Bab Touma in Damascus, shouting slogans against foreign fighters and carrying large wooden crosses. “We demand that Syria be for all Syrians. We want a voice in the future of our country,” said Patriarch Ignatius Aphrem II of the Syriac Orthodox Church as he addressed the crowd in a church courtyard, assuring them of Christians’ rights in Syria. Since HTS led a swift offensive that overthrew President Bashar Assad earlier this month, Syria’s minority communities have been on edge, uncertain of how they will be treated under the emerging rebel-led government. “We are here to demand a democratic and free government for one people and one nation,” another protester said. “We stand united — Muslims and Christians. No to sectarianism.” DOHA — Qatar’s Foreign Ministry said that ceasefire negotiations to end the war in Gaza were ongoing in Doha in cooperation with Egyptian, Qatari, and American mediators. “We will not leave any door unopened in pursuit of reaching an agreement,” said Majid al-Ansari, Qatar’s Foreign Ministry spokesperson on Tuesday. Al Ansari added that rumors the ceasefire would be reached before Christmas are “speculation.” The ceasefire negotiations come at a time when winter is hitting the Gaza Strip and many of the nearly 2 million Palestinians displaced by the devastating 15-month war with Israel are struggling to protect themselves from the wind, cold and rain. Families of the approximately 100 hostages who have been held for 445 days in Gaza are also worried their loved ones will not survive another winter. In a press conference, al-Ansari also called on the international community to lift sanctions on Syria as quickly as possible on Tuesday. “The reason was the crimes of the previous regime, and that regime, with all of its authority, is no longer in place, therefor the causes for these sanctions no longer exist today,” he said. DAMASCUS, Syria — American journalist Austin Tice is believed to be still alive, according to the head of an international aid group. Nizar Zakka, who runs the Hostage Aid Worldwide organization, said there has never been any proof that Tice, who has been missing since 2012, is dead. Zakka told reporters in Damascus on Tuesday that Tice was alive in January and being held by the authorities of ousted Syrian President Bashar Assad. He added that U.S. President Joe Biden said in August that Tice was alive. Zakka said he believes Tice was transferred between security agencies over the past 12 years, including in an area where Iranian-backed fighters were operating. Asked if it was possible Tice had been taken out of the country, Zakka said Assad most likely kept him in Syria as a potential bargaining chip. Biden said Dec. 8 that his administration believed Tice was alive and was committed to bringing him home, although he also acknowledged that “we have no direct evidence” of his status. TEL AVIV, Israel — Hannah Katzir, an Israeli woman who was taken hostage on Oct. 7, 2023, and freed in a brief ceasefire last year, has died. She was 78. The Hostages Families Forum, a group representing the families of people taken captive, confirmed the death Tuesday but did not disclose the cause. Her daughter, Carmit Palty Katzir, said in a statement that her mother’s “heart could not withstand the terrible suffering since Oct. 7.” Katzir’s husband, Rami, was killed during the attack by militants who raided their home in Kibbutz Nir Oz. Her son Elad was also kidnapped and his body was recovered in April by the Israeli military, who said he had been killed in captivity. She spent 49 days in captivity and was freed in late November 2023. Shortly after Katzir was freed, her daughter told Israeli media that she had been hospitalized with heart issues attributed to “difficult conditions and starvation” while she was held captive. TEL AVIV, Israel — Israel's military said the projectile was intercepted before crossing into Israeli territory, but it set off air raid sirens overnight in the country's populous central area, sending residents looking for cover. Israel’s rescue service Magen David Adom said a 60-year-old woman was seriously wounded after being hurt on her way to a protected space. There was no immediate comment from Yemen’s Iranian-backed Houthi rebels. It was the third time in a week that fire from Yemen set off sirens in Israel. On Saturday, a missile slammed into a playground in Tel Aviv, injuring 16, after Israel’s air defense system failed to intercept it. Earlier last week, Israeli jets struck Yemen’s rebel-held capital and a port city, killing nine. Israel said the strikes were in response to previous Houthi attacks.None
Political leaders in Vanuatu are preparing to present candidates for a potential snap election, which hinges on the final court decision regarding the dissolution of Parliament. As the legal dispute over the dissolution continues, political parties and leaders are already making plans to finalise their candidate lists for the upcoming election. As recently reported by the Daily Post newspaper , the Nagriamel Political Movement is preparing to field two candidates for the upcoming snap election. Meanwhile, the Vanua'aku Pati (VP) is set to receive the finalised list of candidates from across Vanuatu, from the north to the south, by the end of this week. Daily Post understands that in addition to the major political parties, the moderates are also preparing to announce their candidates for the upcoming snap election. Both parties are actively finalising their lists of candidates, with announcements expected soon, also several independent candidates and movements are also gearing up to contest the election. Many political parties' intermediaries, or middlemen, are currently on the ground in various constituencies across Vanuatu, working hard to engage with party supporters in preparation for the anticipated snap election. These individuals are tasked with rallying and mobilising support, ensuring that party backers are ready and informed once the election is officially called. They are actively reaching out to voters, strengthening party networks, and reinforcing loyalty among constituents to maximise their parties' chances in the impending election. The Vanuatu Electoral Office (VEO) is expected to announce the official timeline soon, with general elections to be held within 30 to 60 days of any dissolution, as per Article 28(4) of the Constitution. This provision ensures that, once the dissolution is confirmed, the election process will move forward swiftly within the specified timeframe. The VEO is hosting a public event at Independence Garden today to announce and promote the Political Party Registration process. The event will include speeches from key officials, including representatives from the VEO who will outline the importance of the registration process and the guidelines that political parties must follow.
A top White House official on Wednesday said at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that a number of telecommunication firms and countries impacted could still grow. The U.S. believes that the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She added that Biden has been briefed on the findings and that the White House “has made it a priority for the federal government to do everything it can to get to the bottom this.” The Chinese embassy in Washington on Tuesday rejected the accusations that it was responsible for the hack after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages on Wednesday.Reports: Oklahoma QB Jackson Arnold entering transfer portal
AIM ImmunoTech Refutes Activist Group’s False and Misleading ClaimsPALM BEACH GARDENS, Fla. , Dec. 6, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.225 per outstanding share of Carrier common stock. The dividend will be payable on February 7, 2025 to shareowners of record at the close of business on December 20, 2024 . "Today's 18% dividend increase further demonstrates our commitment to disciplined capital allocation," said Carrier Chairman & CEO David Gitlin . "After successfully executing on our transformation, we remain laser-focused on delivering outsized value for our customers, employees, and shareowners." Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit corporate.carrier.com or follow Carrier on social media at @Carrier . Cautionary Statement : This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. These forward-looking statements are intended to provide management's current expectations or plans for Carrier's future payment of a dividend, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "believe," "expect," "expectations," "plans," "strategy," "prospects," "estimate," "project," "target," "anticipate," "will," "should," "see," "guidance," "outlook," "confident," "scenario" and other words of similar meaning in connection with a discussion of future operating or financial performance. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax rates and other measures of financial performance or potential future plans, strategies or transactions of Carrier, Carrier's plans with respect to its indebtedness and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see Carrier's reports on Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Carrier assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law. CARR-IR Contact: Media Inquiries Jason Shockley 561-542-0207 Jason.Shockley@carrier.com Investor Relations Michael Rednor 561-365-2020 Michael.Rednor@carrier.com View original content to download multimedia: https://www.prnewswire.com/news-releases/carrier-board-of-directors-announces-an-18-percent-increase-in-quarterly-dividend-to-0-225-per-share-302324348.html SOURCE Carrier Global CorporationNew Shenmue III Publisher Asks If You Want To See The Game On Switch
Police deny sitting on evidence as Netflix doc brings renewed attention to JonBenet Ramsey's killing
Steep price hikes could be on the way if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on imports from Mexico, Canada and China. Trump threatened to implement the tariffs on the country’s top three trading partners on his first day back in office, including a 10 percent tariff on products coming from China. In a pair of posts on Truth Social on Monday, he explained the decision as a way to crack down on illegal immigration and drugs. “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States,” he said. “It is time for them to pay a very big price!” But it’s ultimately consumers who could end up absorbing the brunt of those costs. When tariffs are levied against foreign imports, American companies have to pay taxes to the U.S. government on their purchases from other countries; the companies often pass on those extra costs to their customers. California’s economy could be especially hard hit because of its heavy reliance on trade with China and Mexico. “This is a bully effort to put everybody on notice,” said economist Chris Thornberg, founding partner of Beacon Economics in Los Angeles. “One of the reasons he uses tariffs is because it’s one of the few places that he actually has some leverage.” Although Thornberg noted that it’s still a “giant remains-to-be seen” whether and how Trump’s proposed tariffs are implemented, consumer goods across the board could be dramatically affected by the changes. Here are a few top categories: Cars and car parts Mexico was the United States’ top goods trading partner last year, surpassing China. The country is a major manufacturer of passenger vehicles, light vehicles, trucks, auto parts, supplies and electric-vehicle technologies. Eighty-eight percent of vehicles produced in Mexico are exported, with 76 percent headed for the U.S., according to the International Trade Administration. Automakers with manufacturing operations in Mexico include General Motors, Ford, Tesla, Audi, BMW, Honda, Kia, Mercedes Benz, Nissan, Toyota and Volkswagen. GM shares fell 9 percent and shares of Ford declined 2.6 percent on Tuesday. Even before Trump’s latest round of tariff threats, auto-related companies shared how they planned to respond if new duties were levied. “If we get tariffs, we will pass those tariff costs back to the consumer,” Phil Daniele, chief executive of AutoZone, said in the company’s most recent earnings call. “We’ll generally raise prices ahead of ... what the tariffs will be.” Toys Last year, China accounted for 77 percent of toy imports, about 25 times greater than the total value of toy imports from Mexico, the next largest foreign source of supply, according to the National Retail Federation. U.S. producers, meanwhile, account for less than 1 percent of the toy market. Earlier this month, the federation released a study that looked at how the tariffs that Trump proposed during his campaign for a second term could play out for consumers. It found that the proposed tariffs — a universal 10 percent to 20 percent tariff on imports from all foreign countries and an additional 60 percent to 100 percent tariff on imports specifically from China — would apply to a wide range of toys imported into the U.S., including dolls, games and tricycles. “Our analysis found that toy prices would face one of the highest increases,” the study concluded. “Prices of toys would increase by 36% to 56%.” Apparel The National Retail Federation study also analyzed more than 500 items of clothing including tops, bottoms, underwear, swimwear and socks, and found that prices “would rise significantly” — as much as 20.6 percent. That would force consumers to pare spending on apparel. The higher prices and loss of spending power would hit low-income families especially hard, the group said, because low-income households spend three times as much of their after-tax income on apparel compared with high-income households. “U.S. apparel manufacturers would benefit from the tariffs, but at a high cost to families,” the study said. “Even after accounting for domestic manufacturing gains and new tariff revenue, the result is a net $16 billion to $18 billion loss for the U.S. economy, with the burden carried by U.S. consumers.” Produce With Americans already wary of high grocery prices, Trump’s proposed tariffs would increase the costs of several imported fruits and vegetables, said Jerry Nickelsburg, faculty director of UCLA Anderson Forecast, an economic forecasting organization. The vast majority of U.S. produce imports come from Mexico and Canada, including avocados, cucumbers, potatoes and mushrooms. The U.S. spent $88 billion on agricultural imports from the two countries in fiscal year 2024, which ended Sept. 30. “Grocery prices will go up because at least some of that tariff will be passed on to consumers,” Nickelsburg said. “If there are no good substitutes, then producers are going to try and pass the whole thing on.” Household appliances and other electronics Big-ticket electronic products such as televisions, laptops, smartphones, dishwashers and washing machines — many of which are manufactured in Mexico and China, or made with parts imported from those countries — would probably become more expensive. The U.S. imported $76 billion worth of computers and other electronics from Mexico in 2023, and more than a quarter of U.S. imports from China consist of electronic equipment. Shoes Imported footwear products already face high U.S. duties, particularly those made in China. On Tuesday, the Footwear Distributors and Retailers of America expressed concern at the threat of new tariffs, saying such policies would make it more difficult for consumers to afford shoes and other everyday essentials. “We hope President-elect Trump rethinks these tariffs as they relate to footwear, as such measures would place an unnecessary burden on American families when budgets are already stretched thin,” Matt Priest, the president of the trade association, said in a statement. “We urge the President to consider the profound impact these tariffs will have on working families and the broader economy.”
NEW YORK (AP) — U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation . The S&P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average dipped 123.19 points, or 0.3%, while the Nasdaq composite rose 0.8% to set its own record. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.Donald Trump said Saturday that a surprise meeting with Canadian Prime Minister Justin Trudeau in Florida was "very productive," days after the incoming US leader rattled Ottawa with a vow to impose tariffs on Canadian imports. Trudeau, on an unannounced visit, had been seen smiling Friday as he exited a hotel in West Palm Beach to head to a dinner at Trump's Mar-a-Lago estate. Afterward, Trump posted on his Truth Social website that he had had "a very productive meeting with Prime Minister Justin Trudeau." He said the two men had discussed issues including "the Fentanyl and Drug Crisis that has decimated so many lives as a result of Illegal Immigration." He added, "Prime Minister Trudeau has made a commitment to work with us to end this terrible devastation of U.S. Families." Trudeau told journalists that he had had an "excellent conversation" with Trump, but did not elaborate. Trump has blamed Canada and Mexico for not stemming an influx of undocumented migrants and he blames them, and China, for drug problems in the United States. Trudeau's trip came after Trump sent shockwaves through the region Monday when he announced 25 percent import tariffs against Canada and Mexico and 10 percent against China if they failed to address the drug and migration problems. Such tariffs could have a devastating impact if imposed. More than three-quarters of Canadian exports, or Can$592.7 billion ($423 billion), went to the United States last year, and nearly two million Canadian jobs are dependent on trade. A Canadian government source had told AFP that Canada was considering possible retaliatory tariffs against the United States. Trudeau was the first foreign leader to meet with the US president-elect. But on Wednesday, Mexican President Claudia Sheinbaum spoke to Trump by phone and later ruled out a trade war with the United States. "There will not be a potential tariff war," she told reporters Thursday. Trump later said that Sheinbaum had "agreed to stop migration through Mexico... effectively closing our Southern border." But she said that there would be no closing of the border, stating: "Of course we do not agree with that." Some have suggested Trump's tariff threat was bluster, or an opening salvo in future trade negotiations. But Trudeau rejected those views when he spoke with reporters earlier in Prince Edward Island province. "Donald Trump, when he makes statements like that, he plans on carrying them out," Trudeau said. "There's no question about it." amc/jgc/nro/bbk/bfm