A U.S. Navy investigator presented what he said was evidence of Iran's involvement in the attacks on tankers near the Persian Gulf, laying out the most detailed assessment that's been made public since the incident raised tensions in the region earlier this month. Cmdr. Sean Kido, an explosives expert at the Bahrain-based Fifth Fleet, said the attack on the Japanese-operated vessel, the Kokuka Courageous, was carried out by a limpet mine planted on the tanker's body above the water line.
The Trump administration is weighing three sanctions packages to punish Turkey over its purchases of the Russian S-400 missile-defense system, according to people familiar with the matter. The most severe package under discussion between officials at the National Security Council and the State and Treasury departments would all but cripple the already troubled Turkish economy, according to three people familiar with the matter, who asked not to be identified discussing internal deliberations.
Prime Minister Justin Trudeau's government decided Tuesday, June 18, to proceed with the construction of a major crude oil pipeline, saying the project has met strict requirements on safety and consultation with Canadian indigenous groups.
Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy. Estimates for March and April are pointing to year-on-year declines in regions that account for almost half of global oil demand, according to Morgan Stanley. Indicators including the profit from making plastics have been sinking while refining margins in Europe recently hit multiyear lows.
Hundreds of barges are stalled on the Mississippi River, clogging the main circulatory system for a farm-belt economy battered by a relentless, record-setting string of snow, rainstorms and flooding. Railways and highways have been closed as well, keeping needed supplies from farmers and others, and limiting the crops sent to market. For Chris Boerm, who manages transportation for Archer-Daniels-Midland Co., one of the nation's largest agricultural commodities dealers, the weather is an unyielding, ever-changing challenge.
President Donald Trump said his administration reinstituted a ban against most transgender people serving in the military because some of them take prescription medicine, claiming erroneously that the armed services prohibit drug use. Trump was asked why he implemented the ban, which took effect in March, during an interview with ITV's "Good Morning Britain" broadcast earlier on Wednesday.
The growing threat of an all-out global trade war means Americans may have to fork out more cash at lunchtime. Firehouse Subs will likely bump sandwich prices by 10 cents because of tariffs on to-go packaging it gets from China. The cost is amplified by the fact that about 60% of the company's orders are for takeout or delivery, according to Don Fox, chief executive officer of the 1,100-store chain. "It's a critical item for us," Fox said in an interview.
There has never been a spring planting season like this one. Rivers topped their banks. Levees were breached. Fields filled with water and mud. And it kept raining. It was raining when U.S. farmers, a year into being squeezed out of the world's largest soybean market by the trade war with China, were supposed to start putting down crops. It was raining when President Donald Trump risked starting a feud with Mexico, the biggest buyer of U.S. corn, by threatening to slap tariffs on its exports.
The gloves are off in the Democratic presidential campaign, as Joe Biden's main competitors shed the collegiality of the race's early stages to try to knock the former vice president off his front-runner's perch. Biden was nowhere near San Francisco this weekend for the first major gathering of Democratic hopefuls.
Reliance is a black Angus bull with a long, fluid stride. He has confidence when he walks. It's one of the qualities that led cattlemen to bid up the prized animal to $150,000 during a recent bull sale at Woodhill Farms in Viroqua, Wisconsin.