Ford cuts EV plans as demand falls and policy shifts take effect
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from ...
In a sharp diplomatic clash, U.S. President-elect Donald Trump has threatened to push for the return of the Panama Canal to American control, accusing Panama of overcharging the U.S. for its use.
U.S. President-elect Donald Trump has threatened to push for the return of the Panama Canal to American control, accusing Panama of charging exorbitant fees for its use. Speaking to supporters in Arizona, Trump expressed frustration over Panama’s management of the critical waterway, stating, "You've got to treat us fairly, and they haven't treated us fairly. If the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to the United States of America in full, quickly, and without question. Not going to stand for it. So to the officials of Panama, please be guided accordingly."
Trump also emphasized the strategic importance of the canal saying, "The United States is the number one user of the Panama Canal with over 72% of all transits heading to or from U.S. ports. Think of that. So we built it; we're the ones that use it. They gave it away. Considered one of the world's, really one of the great wonders of the world, the Panama Canal opened for business 110 years ago and was built at a huge cost to the United States."
In response, Panamanian President José Raúl Mulino firmly rejected Trump’s remarks, reaffirming Panama’s sovereignty over the canal by stating, "Every square meter of the Panama Canal and its adjacent areas belong to Panama and will continue to belong to Panama. The sovereignty and independence of our country are not negotiable."
Mulino also defended the canal’s fees, which Trump had criticized as excessive, explaining, "Rates are not a whim. They are established publicly in an open hearing – considering market conditions, international competition, operating costs, and the needs of maintenance and modernization of the interoceanic waterway."
Trump’s comments have sparked a rare public diplomatic clash between the U.S. and Panama, with potential implications for their relationship moving forward. The Panama Canal remains a crucial link for global trade and U.S. military operations, making its future management a highly sensitive issue.
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
At least 17 people, including students, were killed and 20 others injured after a school bus fell off a cliff in northern Colombia on Sunday, authorities said.
At least 14 people have died and 32 others were injured after flash floods swept through Morocco’s Atlantic coastal city of Safi on Sunday, authorities said.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Schools across Cambodia and Thailand were forced to close on Monday as border clashes between the two countries escalated, with the death toll reaching at least 40 and hundreds of thousands of people displaced, according to officials and local media.
Police in Providence are going door to door for home surveillance footage as the hunt continues for the shooter who killed two Brown University students and injured seven others. Authorities have released fresh video and say a detained "person of interest" is now free.
Ukrainian President Volodymyr Zelenskyy engaged in high-level talks in Berlin from December 14 to 15, 2025, with German Chancellor Friedrich Merz, U.S. envoys, and European leaders, focusing on security guarantees and the framework for a potential peace deal with Russia.
European Commission President Ursula von der Leyen said “nothing about Ukraine without Ukraine” after talks in Berlin, stressing that decisions on Ukraine’s future and territorial issues must be taken by Kyiv itself.
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