Wall Street investors have coined the term "TACO" (Trump Always Chickens Out) to describe President Trump's pattern of threatening tariffs, then backing down. Traders are now profiting by anticipating these reversals and buying stocks when tariff threats emerge. Trump acknowledged the term, defending his actions as negotiation tactics to secure concessions.
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With summer travel surging and airlines anticipating surpassing pre-pandemic levels, United Airlines is implementing a new check-in policy. Starting June 3rd, domestic passengers without checked bags must check in 45 minutes before departure, a 15-minute increase. This change aims to improve efficiency as major cities like Chicago and New York become popular destinations.
The annual Hajj pilgrimage to Mecca commences amidst a history of tragic incidents, including stampedes, attacks, and fires. Last year, over 1,300 pilgrims died due to extreme heat. This year, with temperatures expected to exceed 40°C, Saudi authorities have deployed 250,000 personnel from forty agencies to ensure the safety and well-being of over a million pilgrims.
French street artist Theo Clerc, imprisoned in Azerbaijan for 422 days for painting graffiti in the metro, has been pardoned and released. Azerbaijan's President Ilham Aliyev granted the pardon, allowing Clerc to return to France. French authorities had previously raised concerns about discriminatory treatment in the case, as Clerc's codefendants received only fines.
The BBC Wednesday defended its reporting of an incident in which Palestinians were killed near a Gaza aid centre, after the White House accused the broadcaster of taking "the word of Hamas". Responding to a question about the incident, White House press secretary Karoline Leavitt said on Tuesday the BBC had to "correct and take down" its story about the incident.
Two paintings by Frans Hals, possibly depicting his children, are returning to the Netherlands after a century abroad. The Frans Hals Museum and the Mauritshuis jointly purchased "Boy Playing the Violin" and "Girl Singing" for $7.8 million. The museums will share the works, displaying them in Haarlem and The Hague, highlighting their cultural significance.
Sweden on Saturday announced new rules upping checks on foreign vessels in the Baltic from July 1, reinforcing a crackdown on Russia's "shadow fleet" of tankers deployed to circumvent sanctions on its oil trade. The Swedish government said in a statement that the new rules "reinforce checks on foreign vessels by requiring insurance information".
A devastating fire ripped through a drug rehabilitation clinic in central Mexico, claiming the lives of 12 individuals and leaving several others injured. Authorities are investigating the cause, with suspicions of criminal gang involvement due to past cartel attacks on similar facilities.
The US braces for a potentially record-breaking hot summer in 2025, with NOAA forecasting above-average temperatures nationwide. Prolonged heat waves are expected to impact the West, Gulf Coast, and Northeast, straining infrastructure and public health. Cities face amplified heat due to the urban heat island effect, increasing risks of heat-related deaths and wildfires.
Khaleda Zia asserted that Bangladesh's democratic progress is being hampered, following a large BNP rally protesting the delayed national elections under Muhammad Yunus's interim government. She urged BNP members to advance in an orderly fashion, aiming to restore democracy.
Harshkumar Ramanlal Patel, an Indian national, received a 10-year prison sentence from a US court for his involvement in a human smuggling operation. His actions led to the tragic deaths of a family of four from Dingucha, Gujarat, who froze to death attempting to cross the US-Canada border in 2022.