Patrick Martin

2 weeks ago | abc.net.au | Sally Brooks |Patrick Martin

Beijing says the United States's tariff policy is "economic bullying" that furthers the divide between rich and poor countries, as other Asian nations scramble to cut deals with Donald Trump to avoid or limit the levies. Mr Trump's so-called "liberation day" tariffs are set to hit countries across Asia hard, with some poorer nations facing levies of up to 49 per cent.

Dec 16, 2024 | abc.net.au | Patrick Martin

The suspected Chinese spy who forged a close relationship with Prince Andrew before being barred from the UK has been named as Yang Tengbo, after a court-enforced anonymity order was lifted. The 50-year-old, who also goes by Chris Yang, was revealed after a ruling from Justice Chamberlain at the Royal Courts of Justice in London on Monday, local time.

Dec 11, 2024 | nbcchicago.com | Denise Chow |Tavleen Tarrant |Patrick Martin

The man chargedwith killing UnitedHealthcare CEO Brian Thompson posted online in recent years about undergoing spinal surgery and struggling with chronic back pain, numbness and restless sleep, according to what appears to be an archived version of his deleted Reddit account. Luigi Mangione, 26, was charged Monday in New York with one count of murder, three counts of criminal possession of a weapon and one count of possession of a forged instrument.

Dec 4, 2024 | schaeffersresearch.com | Patrick Martin

Stocks resumed their uptrend today, with the all three major benchmarks each scoring record closes. The Dow logged its first-ever close above 45,000, while the tech-heavy Nasdaq marked its eighth win in the last nine sessions. Optimism on Wall Street rang so high today that investors mostly shrugged off comments from Fed Chair Jerome Powell, who suggested caution on interest rate cuts going forward. Despite the gains across the board, the Cboe Volatility Index (VIX) did log its first win since Nov.

Nov 20, 2024 | abc.net.au | Patrick Martin

Ukraine has fired long-range cruise missiles supplied by the United Kingdom at targets inside Russia for the first time, British media reports. Multiple outlets, citing sources familiar with the matter, have reported that the Storm Shadow missiles have been used. A number of Russian war accounts on Telegram have also posted footage they claim include the sound of the missiles striking in the Kursk region. The videos have not been verified by the ABC.