Japan’s $250bn stimulus plan seeks to encourage more work and spending

Jaguar Land Rover, a British luxury automaker, announced a pause in shipments to the United States in response to President Trump's 25% auto tariffs, affecting its 38,000 cars exported to the US in the last quarter of 2024. The company cited the importance of the US market and its short-term actions to address the new trading terms, as British luxury carmakers face challenges due to limited production sites. Shares in Tata Motors, the Indian parent...

A jury in Louisiana has ordered Chevron to pay $745 million to Plaquemines Parish to help restore wetlands damaged by the energy company, setting a precedent for other similar lawsuits in the state. The lawsuit alleged that Chevron, through its acquisition of Texaco, violated state law by not applying for coastal permits and failing to remove oil and gas equipment. Despite Chevron's claims of innocence, the jury awarded the parish $575 million for land loss,...

Labour MP and mayor of the West of England, Dan Norris, has been arrested on suspicion of sexual offences and rape, leading to his suspension from the Labour party. The police investigation into alleged non-recent child sex offences and a rape from the 2020s is ongoing, with Norris released on conditional bail. Norris, who has previously served as an MP and rural affairs minister, has lost the parliamentary whip and is facing scrutiny following his...

The Trump administration imposed high tariffs on several African countries, including Lesotho, which heavily relies on denim exports to the United States. This move, coupled with the recent end of aid to Africa, is expected to devastate economies already struggling with debt. The impact of these tariffs will not only affect the African continent but also have global economic repercussions, prompting a need for regional trade networks to mitigate the effects. Full Article

John Thornton, a financier who founded The Texas Tribune and the American Journalism Project, died by suicide at 59 after a long mental health struggle. He revolutionized local journalism by creating member-supported, nonpartisan digital news outlets in Texas and nationwide, filling gaps left by the decline of legacy news organizations. Thornton's efforts raised over $225 million to fund 50 local digital nonprofit news outlets, doubling their size and creating jobs for over 200 journalists, ultimately...

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