Month: September 2021

What Kilauea’s History Tells US About Its Future

HONOLULU—Kilauea, one of the most active volcanos on Earth, began erupting on Hawaii’s Big Island Wednesday. The eruption is not in an area with homes and is entirely contained within Hawaii Volcanoes National Park. Officials said increased earthquake activity and ground swelling before the eruption put them on high alert. Fissures then opened in the…


Woman Who Protested Against Tesla at China Auto Show Now Claims Carmaker Is Suing Her

A woman, who jumped on the top of a Tesla car at a Shanghai auto show in April while shouting “brake failure”, has claimed she is now being sued by the electric carmaker for 5 million yuan ($750,000). The woman said via her Weibo social media account on Sept. 27 that Tesla is suing her for…


Louisiana Coroner Releases Name of Baby Found Dead After Mother Allegedly Threw Him Into Lake

SHREVEPORT, La.—A Louisiana coroner’s office has released the name of a baby found dead in a lake after his mother allegedly threw him and his older brother into the water. The child was identified as 10-month-old Joshua Black, the Caddo Parish Coroner’s Office said in a news release Wednesday night. Police had previously given his…


Morrison Government Faced With Choice Between the City or the Country

Commentary The current Liberal-National Coalition government is faced with two competing electoral strategies ahead of a likely election in the early months of the new year. They can continue with the “teal strategy” of pursuing inner-city seats by moving closer to the Greens party on climate policy, or they can return to the “heartland strategy”…


House Delays Vote on $3.5 Trillion Budget Bill as Democrats Struggle to Reach Deal

House Democrats late on Thursday night again delayed a vote on the Democratic leadership’s $3.5 trillion spending bill, House Majority Leader Steny Hoyer’s office confirmed in a statement after hours of closed-door talks. “The House will remain in recess subject to the call of the Chair during this same legislative day of September 30, and…


Evergrande Misses Second Offshore Bond Payment; Some Onshore Investors Get Partial Payment

SHANGHAI/BEIJING/HONG KONG—China Evergrande Group missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt obligation in a week, although the cash-strapped company on Thursday made a partial payment to some of its onshore investors. The company, reeling under a debt pile of $305 billion, was due on Wednesday to make…


Australia’s New Course: Morrison’s Foreign Policy Abandons Former PM’s Asian Pandering

Commentary For decades Australia sold its soul to the Chinese Communist Party (CCP) in exchange for getting rich on trade. The recently signed AUKUS treaty represents a major foreign policy pivot born of an Australian awakening from self-imposed blindness about the CCP and a recognition that Australians have seen China through rose-tinted glasses for too…


Global Supply Disruptions Could Still Get Worse, Central Bankers Warn

FRANKFURT—Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike in prices is still likely to remain temporary, the world’s top central bankers warned on Wednesday. The disruptions to the global economy during the pandemic have upset supply chains across continents, leaving the world short of…


AstraZeneca Says Its COVID-19 Vaccine Is 74 Percent Effective in US Testing

AstraZeneca’s COVID-19 vaccine is 74 percent effective in preventing symptomatic illness, according to data from its U.S. clinical trial published in the New England Journal of Medicine on Wednesday. The phase 3 trial involved more than 32,000 participants in the United States, Peru, and Chile, who either received two doses of the COVID-19 vaccine or…


Housing Market so Hot, Burned House Going for Almost $400,000

MELROSE, Mass.—A home in Massachusetts seriously damaged by fire has been listed on the market with an asking price of $399,000. WBZ-TV reported Monday that the listing for the home in Melrose, a suburb of Boston, is evidence of how hot the housing market is. In August, industry groups listed the median sale price of…