ALBUQUERQUE, N.M.—U.S. Forest Service employees made multiple miscalculations, used inaccurate models, and underestimated how dry conditions were in the Southwest, causing a planned burn to reduce the threat of wildfires to explode into the largest blaze in New Mexico’s recorded history, the agency said Tuesday. The agency quietly posted an 80-page review that details the…
US Business Group Calls for ‘Urgent’ Taiwan Free Trade Talks
June 24, 2022
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BeijingBilateral Trade AgreementBusiness & MarketsChinaeconomic policieseconomyfree tradeftaInternational RelationsSpecial TopicsTaiwanthe Biden administrationUSUS NewsUS-China relations
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TAIPEI—The United States should “urgently” start talks with Taiwan on a free trade agreement with the aim to present a completed text for passage in 2024, the American Chamber of Commerce (AmCham) in Taiwan said in an annual policy paper published on Wednesday. Taiwan has long campaigned for such a deal, in what would be…
4 Inmates Who Escaped Federal Prison Camp Back in Custody
HOPEWELL, Va.—All four inmates who escaped a minimum-security prison satellite camp in Virginia over the weekend are now back in custody, the U.S. Marshals Service and Federal Bureau of Prisons announced Wednesday. The inmates were discovered missing from the satellite camp of the Federal Correctional Complex Petersburg in Hopewell, Virginia, around 1:45 a.m. Saturday, the…
South Korea Becomes More Reliant on China for Auto Parts, Expert Urges Supply Chain Diversification
June 24, 2022
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Asia & Pacificauto industryautomotiveBusiness & MarketsChinachinese importsdiversificationimports from Chinaproduction haltSouth KoreaureaWorld
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South Korea’s auto industry has become increasingly dependent on China for parts, leading to calls for supply chain diversification. Cho Chul, an analyst with the Korea Institute for Industrial Economics and Trade (KIET), a government-funded think tank, recently highlighted how automobile parts imports from China have increased over the past two decades. “China only accounted…
Michigan Teen’s Trial in School Shooting Moved to January
PONTIAC, Mich.—A judge on Thursday postponed a murder trial until January in the case of a teenager accused of killing four fellow students and wounding others at a Michigan high school. Lawyers for Ethan Crumbley said a September trial date wouldn’t leave enough time to go through evidence and prepare. The Oakland County prosecutor’s office…
Teen Pleads Guilty in Baltimore Shooting of Israeli Man
BALTIMORE—A 17-year-old boy pleaded guilty Wednesday to first-degree murder in the fatal shooting of an Israeli man who was visiting Baltimore for a wedding last year. Rasheed Morris, 17, is the second of three people charged in the May 2021 shooting death of Efraim Gordon, 31, to enter a guilty plea, The Baltimore Sun reported….
Record Numbers of Chinese Graduates Enter Worst Job Market in Decades
June 24, 2022
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Business & MarketsChinaChina Business & EconomyeconomygraduationjobJobs MarketLi KeqiangSocial Issuesunemployment
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BEIJING—Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon graduation, following four rounds of arduous interviews. But last month, the company told the students their contract offers were cancelled due to COVID-19 headwinds and the bad state of the economy in…
Automotive Giant Stellantis Buys Stake in Aussie Miner as Lithium Costs Skyrocket
June 24, 2022
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AustraliaBusiness & MarketsCompanieseconomic policiesElon MuskEuropeEV batteriesInternationallithiumnet zeroStellantisWorld
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The world’s fifth-largest automaker Stellantis—manufacturer of 14 makes, including Jeep, Maserati, and Chrysler—will become the second-largest shareholder of Australian lithium miner Vulcan Energy Resources. To fuel its ongoing electric vehicle sales, the carmaker will pay $76 million (US$52.45 million) to acquire an eight percent stake in Vulcan. The move comes as electric automakers explore ways…
4 Police, up to 8 Suspects Killed in Western Mexico
MEXICO CITY—Four police in western Mexico are dead after they were drawn into an ambush-style shooting late Wednesday. Luis Joaquín Méndez, the chief prosecutor of the western state of Jalisco, said four municipal policemen in the city of El Salto responded to a call about armed men at a house. Once they arrived, a woman…
WTA Roundup: Jelena Ostapenko Rolls Into Semis at Eastbourne
Eighth-seeded Jelena Ostapenko of Latvia stormed into the semifinals Thursday with a 6–3, 6–2 win over Anhelina Kalinina in 69 minutes at the Rothesay International at Eastbourne, Great Britain. Ostapenko recorded eight aces and broke Kalinina seven times in 11 opportunities. Ostapenko will next play Italy’s Camila Giorgi, who also made quick work of her…
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