As the gangway lowers at the Port of Hong Kong, the crew swiftly secures the massive ONE Modern vessel. Dwarfed by the towering pink container ship, workers in orange jumpsuits begin the intricate process of unloading and reloading more than 700 containers in under 10 hours. This scene plays out daily as companies worldwide race to navigate the latest chapter in the ongoing US-China trade war. With the expiration of the US tariff pause looming, businesses are pushing to get goods out of China and into the United States. The heightened activity reflects growing anxiety across supply chains, where unpredictability…
Author: Emily Harper
Innovative Drug Delivery Solution Showcased on Global Stage At one of the pharmaceutical industry’s most influential gatherings, BIO USA, Huonslab—an R&D subsidiary of Huons Group—presented its breakthrough in drug formulation technology. The South Korea-based company introduced its proprietary HyDIFFUZE™ platform, a cutting-edge method that enables the transformation of intravenous (IV) antibody therapeutics into subcutaneous (SC) injections. This platform is built around human hyaluronidase, an enzyme that breaks down hyaluronic acid under the skin to help drugs spread more efficiently. This approach not only makes administration less invasive for patients but also offers pharmaceutical companies a pathway to simplify treatment protocols.…
The European Commission has handed Greece its largest agriculture-related sanction to date, ordering Athens to pay €392.2 million (about US$451.9 million) after auditors uncovered years of systemic mismanagement in the country’s farm-subsidy programme. The decision follows an in-depth probe of the Greek payment agency OPEKEPE, which distributes EU Common Agricultural Policy (CAP) funds. Investigators concluded that supervisory controls between 2016 and 2022 were so weak that false claims could proliferate virtually unchecked. Alongside the lump-sum penalty, Brussels will also withhold 5 % of Greece’s future farm subsidies, citing the need to safeguard EU coffers while Athens rebuilds its oversight framework.…
Trump Cuts G7 Visit Short Amid Escalating Middle East Tensions U.S. President Donald Trump departed early from the Group of Seven (G7) summit in Canada to monitor the fast-evolving crisis between Israel and Iran. His sudden exit raised global concerns as the situation in the Middle East continues to escalate rapidly. While leaders gathered to discuss pressing global issues, Trump’s attention quickly shifted away from diplomatic talks with Western allies to the intensifying conflict overseas. He altered his original schedule, which planned for a longer stay at the summit, in order to return to Washington sooner than expected. The White…
Iran Launches Major Missile Attack on Israeli Cities The ongoing conflict between Iran and Israel reached a new level of intensity as Iranian forces launched over 100 missiles targeting major Israeli cities, including Tel Aviv and Haifa. The strikes resulted in widespread destruction, with significant damage reported in residential areas and critical infrastructure. Emergency services in central Israel confirmed the deaths of four people, all in their seventies, and 87 others injured. The city of Petah Tikva near Tel Aviv was among the hardest hit, where a residential building suffered extensive structural damage. Fires erupted near the port in Haifa,…
Kananaskis, Alberta, has traded hikers for heads of state as the Group of Seven rolls into the Canadian Rockies. Roadblocks, drones and Mounties ring the mountain resort while host Prime Minister Mark Carney welcomes U.S. President Donald Trump, Britain’s Keir Starmer, Germany’s Friedrich Merz, Japan’s Fumio Kishida, France’s Emmanuel Macron and Italy’s Giorgia Meloni. What would normally be a photo-op getaway is overshadowed by Israel’s sudden strikes on Iran and Tehran’s retaliation—an escalation many leaders learned about in mid-flight. Carney, determined to keep attention on “shared prosperity,” must first navigate a world bristling with missiles and tariffs. Trump’s Presence Keeps…
Cross-Border Tourism Faces Sharp Declines For decades, Canadian tourists have been a vital part of the northern US economy. From Vermont to Washington, businesses have grown accustomed to a steady influx of visitors crossing the border to enjoy beaches, golf courses, mountain trails and lakeside resorts. Now, as political tensions and currency challenges disrupt travel patterns, northern states are facing a sharp decline in Canadian visitors, raising concerns across the region. Kristy Kennedy, vice president of marketing for the North Country Chamber of Commerce in New York, described the situation as unprecedented. Hotel and campground bookings have slowed, marinas see…
A Unique Story Amid Global Soccer Powerhouses As FIFA’s expanded Club World Cup begins in the United States, global attention gravitates towards soccer giants like Bayern Munich, Benfica and Boca Juniors. Yet, quietly stepping into the spotlight is Auckland City FC, a team that represents not only New Zealand but also the dream of amateurs competing on the world stage. Unlike their millionaire counterparts, Auckland City’s squad is composed of full-time workers and students who balance demanding careers with their passion for soccer. Their qualification, earned by winning the Oceania Champions League, has set them on a path that many…
Prime Minister Donald Tusk breathed a public sigh of relief on Wednesday after his centrist-led government survived a confidence motion in Poland’s lower house. Yet the 243-210 tally in the 460-seat Sejm only settles who governs— not for how long— as a nationalist president-elect and widening cracks inside Tusk’s ideologically diverse coalition threaten to hobble his promised reforms. A Vote To Break Political Deadlock Seeking what he called a “fresh opening,” Tusk demanded the ballot barely ten days after Warsaw Mayor Rafał Trzaskowski—his long-time ally—unexpectedly lost a presidential runoff to conservative historian Karol Nawrocki. Supported by outgoing President Andrzej Duda…
Markets react sharply to escalating Middle East conflict, with fears of wider disruption in global energy supplies. Oil prices surged on Friday in one of the biggest intraday jumps in years, as investors reacted to Israel’s military strike on Iran, raising concerns over a potential regional war and major energy supply disruptions. Brent crude, the global oil benchmark, climbed nearly 6% to almost $71 per barrel, while US crude oil spiked 8.6% to $74 per barrel. Earlier in the day, prices had soared as much as 13%, marking the steepest single-day rally since March 2022, shortly after Russia’s invasion of…