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Thursday, feb 27
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Thursday, feb 27
Tag:
Colombia
News
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…
Business
Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup
Prices of Arabica coffee hit record highs in the aftermath of threats of tariffs by both the United States and Colombia after a dispute involving migrant deportation flights. Arabica futures hit a record of $3.56 in the Intercontinental Exchange on Monday, Jan. 27, a day after the back-and-forth dustup a day earlier, according to The Wall Street Journal. The previous record of $3.48 was recorded in early December. The US imports about 30 percent of its coffee from Colombia. Colombia agreed to accept the flights after earlier turning back two planes. This prompted President Donald Trump to…
Politics
Colombia Agrees To Accept Migrant Deportation Flights After Trump Threatens 25% Tariffs
Colombia, one of the United States' key allies in Latin America, has agreed to accept migrant deportation flights after earlier turning back two planes, prompting President Donald Trump to threaten steep sanctions. Trump said Sunday afternoon, Jan. 26 that he would impose "emergency" 25-percent tariffs on Colombian goods after it blocked the flights. But negotiations between the countries led to an agreement late Sunday night and Trump withdrew the tariff threats. “The Government of Colombia has agreed to all of President Trump’s terms, including the unrestricted acceptance of all undocume…
Politics
Trump Threatens 25% Tariffs After Colombia Turns Back Flights Carrying Migrants From US
President Donald Trump says he will impose 25 percent "emergency" tariffs on Colombian goods after the key South American ally refused to allow two two flights from the US carrying migrants to land. Click here for a new, updated story - Colombia Agrees To Accept Migrant Deportation Flights After Trump Threatens 25% Tariffs "The US cannot treat Colombian migrants as criminals," Colombia President Gustavo Petro said in a statement on Sunday, Jan. 26. "I deny the entry of American planes with Colombian migrants into our territory. "The US must establish a protocol for the dignifie…
News
Illegal Immigrant Hiding Out In Maryland Apprehended By Federal Authorities: ICE
An undocumented immigrant from Colombia convicted of a homicide in his home country has been arrested in Prince George's County, federal authorities announced. Deportation officers from Enforcement and Removal Operations Baltimore apprehended a 35-year-old fugitive last month in Lanham who was in the country illegally and was wanted back home, according to officials from ICE's Enforcement and Removal Operations (ERO) team. The Colombian was arrested in September 2011 and charged with attempted aggravated homicide, and in May 2017, he was convicted in court of aggravated homicide and se…
Lifestyle
Don't Miss Maryland Marketing Strategist, Cousin On 'Amazing Race'
A marketing strategist from Maryland is teaming up with her cousin for the new season of The Amazing Race. Kishori Turner, a 26-year-old senior marketing strategist from Gaithersburg, and her cousin, Karishma Cordero, a 22-year-old student from Austin, Texas, are among the new season’s 13 teams to compete in a race around the Americas for $1 million, the pair announced in a shared post on Instagram on Wednesday, Feb. 21. The full Season 36 cast was announced on Entertainment Weekly. “Surprise!” reads the post. “We’ve been holding in this secret for over a year now and we’re SO excited to f…
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