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Canada agrees to cut tariff on Chinese EVs in return for lower tariffs on Canadian farm products

BEIJING (AP) — Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday.

Carney made the announcement after two days of meetings with Chinese leaders. He said there would be an initial annual cap of 49,000 vehicles on Chinese EV exports to Canada, growing to about 70,000 over five years. China will reduce its total tariff on canola seeds, a major Canadian export, from 84% to about 15%, he told reporters.

“It has been a historic and... Read More

European shares decline and US futures gain after Wall Street steadies

BANGKOK (AP) — Shares slipped in Europe after a mixed session Friday in Asia, while U.S. futures edged higher.

Oil prices rebounded after dropping sharply on Thursday.

Germany's DAX edged 0.1% lower to 25,323.98, while the CAC 40 in Paris gave up 0.4% to 8,277.40. Britain's FTSE 100 inched up 0.1% to 10,250.97.

The future for the S&P 500 added 0.3% while that for the Dow Jones Industrial Average was up 0.1%.

Gains in Asia were led by Taiwan, where the benchmark rose nearly 2% after its government signed a trade deal with the U.S. China, which... Read More

At top UN court, Myanmar denies deadly Rohingya campaign amounts to genocide

THE HAGUE, Netherlands (AP) — Myanmar insisted Friday that its deadly military campaign against the Rohingya ethnic minority was a legitimate counter-terrorism operation and did not amount to genocide, as it defended itself at the top United Nations court against an allegation of breaching the genocide convention.

Myanmar launched the campaign in Rakhine state in 2017 after an attack by a Rohingya insurgent group. Security forces were accused of mass rapes, killings and torching thousands of homes as more than 700,000 Rohingya fled into neighboring Bangladesh.
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Julio Iglesias denies sexual abuse allegations, calling them 'absolutely untrue'

MADRID (AP) — Grammy-winning singer Julio Iglesias on Friday denied allegations that he sexually assaulted two former employees, calling the accusations “absolutely untrue."

Media reports from earlier this week alleged Iglesias had sexually and physically assaulted two women who worked at his residences in the Dominican Republic and the Bahamas between January and October 2021. A day later, Spanish prosecutors said they were studying the allegations.

“With deep sorrow, I respond to the accusations made by two people who previously worked at my home. I deny having... Read More

Uganda's president leads in tense election marred by internet shutdown and voting interference

KAMPALA, Uganda (AP) — Uganda's President Yoweri Museveni, who has ruled the country for 40 years, had an early lead Friday in a tense presidential election marred by an internet shutdown, voting delays and opposition allegations of “massive ballot stuffing” and detentions by security forces.

Provisional results from half of the polling stations tallied so far showed Museveni with more than 70% of the vote while his main challenger, opposition leader Robert Kyagulanyi, a musician-turned-politician best known as Bobi Wine, was said to have 19%.

The 81-year-old... Read More

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Canada agrees to cut tariff on Chinese EVs in return for lower tariffs on Canadian farm products

European shares decline and US futures gain after Wall Street steadies

At top UN court, Myanmar denies deadly Rohingya campaign amounts to genocide

Julio Iglesias denies sexual abuse allegations, calling them 'absolutely untrue'

Uganda's president leads in tense election marred by internet shutdown and voting interference

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