Connect with us

Foreign News

Trump fires lead official on economic data as tariffs cause market drop

Published

on

[pic BBC]

US President Donald Trump has fired the boss of one of America’s most important economic institutions hours after weaker-than-expected jobs data stoked further alarm about his tariff policy.

On social media Trump claimed – without any evidence – that Erika McEntarfer, commissioner of the Bureau of Labor Statistics (BLS), had “RIGGED” jobs figures “to make the Republicans, and ME, look bad”.

US stock markets plunged following the unprecedented move by the White House, with some accusing Trump of destroying public trust by politicising data.

Senate Minority Leader Chuck Schumer said the president was “a bad leader” who “shoots the messenger” for weak statistics.

Markets were already rattled on Friday after Trump forged ahead with his plans to raise US import tariffs on goods from countries around the world.

Figures were then released by BLS showing that employers in the US added just 73,000 jobs in July, far below forecasts of 109,000 new roles.

It also revised down employment growth in May and June, reporting 250,000 fewer jobs than previously thought.

Trump insisted: “The Economy is BOOMING under “TRUMP”.”

But Heather Long, chief economist at the Navy Federal Credit Union, said the job figures were a “gamechanger”, adding that “the labor market is deteriorating quickly” because of uncertainty caused by Trump’s tariffs.

Trump has dismissed concerns about his tariff plans, which he says will boost manufacturing in the US and rebalance global trade.

But data this week and a string of updates from companies on tariff costs have made those forecasts harder to ignore.

On the decision to sack McEntarfer, former US Treasury Secretary Larry Summers, said: “Firing the head of a key government agency because you don’t like the numbers they report, which come from surveys using long established procedures, is what happens in authoritarian countries, not democratic ones.”

Friends of BLS, a group whose members include two former commissioners of the agency, said: “When leaders of other nations have politicized economic data, it has destroyed public trust in all official statistics and in government science.”

McEntarfer called her time as commissioner “the honour of my life”, while describing the agency’s work as “vital and important”.

Leading stock market indices all closed sharply lower on Friday.

Trump has attacked key economic figures in the past, most recently Jerome Powell, chair of the US Federal Reserve as the central bank continues to hold interest rates.

Trump is demanding a cut but the Fed is holding fire until it sees the full impact of tariffs on the US economy.

In the aftermath of the jobs report, Trump launched a further salvo at Powell, stating he “should also be put “out to pasture”.

A member of the Fed’s rate-setting committee, Adriana Kugler, is resigning giving Trump an opportunity to install someone new.

The head of the Labor Department, which oversees the BLS, wrote on social media that the agency’s deputy commissioner William Wiatrowski would step into the role during the search for a replacement.

The Labor Department did not immediately respond to a request for comment.

The BLS revises jobs numbers every month as new data comes in, typically adding or subtracting ten of thousands of positions.

Though this month’s changes were significantly larger than usual, analysts said the updates were consistent with other data showing slowdown.

Some speculated that they could reflect a hit to small businesses, which are typically slower to respond to surveys and are especially vulnerable to tariffs.

McEntarfer had worked for the government for more than 20 years before being nominated to lead the BLS in 2023. She was later confirmed near unanimously by the US Senate.

Michael Strain, director of economic policy studies at the right-leaning American Enterprise Institute, defended Ms Entarfer, saying she had conducted herself with “great integrity”.

“It is imperative that decisionmakers understand that government statistics are unbiased and of the highest quality. By casting doubt on that, the President is damaging the United States,” he wrote on social media.

Jed Kolko, a senior fellow at the Peterson Institute for International Economics, said the firing raised serious alarm.

“For six months, I’ve said that threats to economic data have been more collateral damage than intentional harm. No longer. Firing the head of the BLS is five-alarm intentional harm to the integrity of US economic data and the entire statistical system,” he wrote on social media.

Trump defended the decision and said her departure was needed to ensure there were “people that we can trust” in these posts.

“Why should anybody trust numbers?” the president told reporters when leaving the White House on Friday.

“I believe the numbers were phony, just like they were before the election, and there were other times – so you know what I did? I fired her, and you know what I did? The right thing.”

The fight over data comes as Trump remakes trade policy, hitting goods from countries around the world with new tariffs ranging from 10% to 50%.

When Trump put forward similar plans in April, shares in the US tumbled more than 10% in a week as concerns spread to the dollar and bond markets.

The stock market recovered after he suspended some of the most drastic measures, leaving in place a less punishing, more expected 10% levy. In recent weeks, indexes in the US have been trading around all-time highs.

The latest measures are less extreme than what Trump first put forward in April, but they will still push the average tariff rate to roughly 17%, up from less than 2.5% at the start of the year.

“The reality is Trump got emboldened by the fact that markets came right back,” Michael Gayed, a portfolio manager for The Free Markets ETF, told the BBC’s Opening Bell. “Now he’s going to try his luck again.”

[BBC]



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Foreign News

One ant for $220: the new frontier of wildlife trafficking

Published

on

By

Giant African harvester ants - seen here in Kenya - are popular with hobby collectors around the world (BBC

The ants are flying in Kenya at the moment

During this rainy season, swarms can be seen leaving the thousands of anthills in and around Gilgil, a quiet agricultural town in Kenya’s Rift Valley that has emerged as the centre of a booming illegal trade.

The mating ritual sees winged males leave the nest to impregnate queens, who also take flight at this time. This makes it the perfect time to chase down queen ants to sell on to smugglers who are at the heart of a growing global black market, that taps into the pet craze for keeping ants in transparent enclosures designed to observe the insects as they busily build a colony.

It is the giant African harvester ant queens, which are large and coloured red, that are most prized by international ant collectors – one can fetch up to £170 ($220) on the black market, which tends to operate online.

A single fertilised queen is able to create a whole colony and can live for decades – and can be easily posted as scanners do not tend to detect organic material.

“At first, I did not even know it was illegal,” a man, who asked not to be named, told the BBC about how he had once acted as a broker, linking foreign buyers with local collection networks.

Also known as Messor cephalotes, these ants are native to East Africa and known for their distinctive seed-gathering behaviour making them popular with ant collectors.

“A friend told me a foreigner was paying good money for queen ants – the big red ones which are easily seen around here,” the former broker said.

“You look for the mounds near open fields, usually early morning before the heat. The foreigners never came to the fields themselves – they would wait in town, in a guest house or a car, and we would bring the ants to them packed in small tubes or syringes they supplied us with.”

The scale of the illicit trade in Kenya became apparent last year when 5,000 giant harvester ant queens – mainly collected around Gilgil – were found alive at a guest house in Naivasha, a nearby lakeside town popular with tourists.

The suspects – from Belgium, Vietnam and Kenya – had packed the test tubes and syringes with moist cotton wool, which would enable each ant to survive for two months, according to the Kenya Wildlife Service (KWS).

The plan was to take them to Europe and Asia and put them up for sale.

This trade in ants has caught scientists and the authorities by surprise.

The East African nation is more accustomed to high-profile wildlife crimes involving elephant tusks and rhino horns.

UK based retailer Ants RbUs described the giant African harvester ant as “many peoples dream species”  – though the queens are currently out of stock, with the site explaining that it is very hard for retailers to source them.

“Even I, as an entomologist, have been surprised at the extent of the apparent trade,” Dino Martins, a biologist based in Kenya, where there are around 600 kinds of ants, told the BBC.

However, he can understand the fascination with East Africa’s harvester, with colonies created by a “foundress queen”, who can grow up to 25mm (0.98 inches) and who produces eggs throughout her life.

“They are one of the most enigmatic species of ants – they form large colonies, engage in interesting behaviours and are easy to keep. They are not aggressive.”

During the swarming he says the queens mate with several males.

“Then that is it for the males – their job is done… most are eaten by predators or die,” the entomologist says, going on to explain how the queen then scurries away to dig a small burrow and begin laying eggs to start her empire.

Her workers and soldier ants, those that protect the nest, are all female and will eventually number in the hundreds of thousands.

“Nests can live for over 50 years, perhaps even up to 70 years. I personally know of nests near Nairobi that are at least 40 years old as I’ve been visiting them for that long,” said Martins.

This means the queens live that long too – because as soon as she dies, the colony collapses and any surviving workers will look for another nest.

Kenyans who have had to deal with ants raiding their crops or invading their houses know this well – and to get rid of a colony someone is sent in to locate the queen, often hidden deep in one of the tunnels or chambers of an ant mound.

The former broker said ants could also be harvested by gently disturbing the mound and collecting them as they tried to escape.

“It was only when I saw the arrests on the news that I realised what I had been part of – and I immediately quit,” he said.

Those arrested were convicted on charges of biopiracy and ordered to pay fines or serve 12 months in jail – they opted to pay the $7,700 fee and the foreign nationals left the country.

Two weeks ago, a Chinese national –  the alleged mastermind behind last year’s ring and who is said to have escaped using a different passport, was arrested at Nairobi’s Jomo Kenyata International Airport with another 2,000 queen ants packed in test tubes and tissue rolls.

For Zhengyang Wang, who was part of a team of researchers who published a report on the ant trade in 2023 focusing on China, this is a worry and could “wreak havoc” with local ecosystems.

“Initially, we were very excited when we learnt that many people have taken up keeping ants,” Wang, assistant professor at Sichuan University, told the BBC.

“A colony of pet ants are often kept in a formicarium, which is basically a transparent plastic box so that keepers can observe colonies at work, digging tunnels, collecting food, and guarding their queen. I’d say it’s quite charming and… can be a good way of educating people about insects and their behaviour.

“But then we realised, wait, isn’t keeping invasive species incredibly dangerous?”

Monitoring online sales – of more than 58,000 colonies – in China over six months, the researchers found that more than a quarter of the traded species were not native to China – despite it being illegal to import them.

“If the trade volume of invasive ants continues to grow, it’s only a matter of time before a few escape from their formicaria and become established in the wild,” said Wang.

The study he worked on, published in the journal Biological Conservation, explained what could happen in the case of giant African harvester, one of the most traded species in China: “For example, Messor cephalotes, an East African native, is among the largest seed harvesters in the world and could potentially disrupt predominantly grain-based agriculture in south-eastern China.”

The environmental consequences are also a concern in Kenya.

“Harvester ants are both keystone species and ecosystem engineers. They harvest seeds of grasses, and other plants and in so doing also help to disperse the seeds,” said Martins, adding that the insects “create a more healthy and dynamic grassland”.

Mukonyi Watai, a senior scientist at Kenya’s Wildlife Research and Training Institute, shares these fears.

“Unsustainable harvesting – particularly the removal of queen ants – can lead to colony collapse, disrupting ecosystems and threatening biodiversity,” he told the BBC.

It is possible to collect ants legally in Kenya – in line with various international treaties – with a special permit, which would require the buyer to sign a benefit-sharing agreement with the local community involved to split any profits.

But, according to the KWS, so far none have been applied for – with the paperwork also requiring details of how many ants are being collected and their destination.

Getty Images A young man holds tweezers as he places something in a formicarium formicarium allows collectors to see the workings of an ant colony (BBC)

Some conservationists are now calling for greater trade protections for all ant species under the Convention on International Trade in Endangered Species (Cites), the global wildlife trade treaty.

“The reality is that no ant species is currently listed under Cites,” Sérgio Henriques, a researcher into the global ant trade, told the BBC.

“Without international treaties monitoring these movements, the scale of the trade remains largely invisible to policy makers and the global community,” he said.

But for the KWS the real problem is more immediate – how to monitor and clamp down on “under-reported” insect trafficking, with the agency suggesting better surveillance equipment at airports and others border points would be a good start.

Martins agrees: “It is likely only a fraction of the actual ants being traded that are being detected, so one can only guess at the scale for now.”

Journalist Charles Onyango-Obbo argues that Kenya is overlooking a significant global revenue opportunity.

“The ants are not finite items like gold or diamonds. They are biological assets that can be bred and farmed, and their production can be scaled up to thousand a day. Yet we treat them like stolen artefacts,” he recently wrote in Kenya’s Daily Nation newspaper.

In fact, Kenya’s cabinet did approve policy guidelines last year aimed at commercialising the wildlife economy, including the ant trade.

“The guidelines seek to promote sustainable use trade of wild species such as ants to generate jobs, wealth and community livelihoods across all the counties,” said Watai.

With careful monitoring in place, it could be that future farmers around Gilgil will have special formicaria on their land expanding the yields from their fields and orchards – full of vegetables and fruits – to include lucrative queen ants.

But the debate over the dangers of exporting ants to hobby collectors in different parts of the world is yet to be settled.

 

Getty Images A giant orange-coloured ant mound in Kenya
Ants can often be found in mounds like this (BBC)(BBC)

Continue Reading

Foreign News

Two killed when Air Canada jet hits fire truck at NYC’s LaGuardia Airport

Published

on

By

An Air Canada Express CRJ-900 sits on the runway after colliding with a Port Authority fire truck at LaGuardia Airport in New York on March 23, 2026 [Aljazeera]

At least two people have been killed when an Air Canada Express flight from Montreal struck a ground vehicle while landing at New York’s LaGuardia Airport, according to several United States media outlets. The airport has been closed and flights diverted.

Kathryn Garcia, the executive ⁠director of the Port Authority of New York and New Jersey, said 32 of the 41 people who were injured had been released on Monday while nine remained in hospital with “serious injuries”. Those injured included passengers, crew members and the two officers on the fire truck. Both officers remained hospitalised with non-life-threatening injuries.

The aircraft, operated by Jazz Aviation, a regional partner of Air Canada, struck a firefighting truck on Runway 4 about 11:40pm on Sunday (03:40 GMT on Monday) as the vehicle drove to a separate incident, the Port Authority said.

A preliminary passenger list showed 76 people on board Flight AC8646, including four crew members, Jazz Aviation said in a statement.

The CRJ-900 aircraft ⁠struck the vehicle at a speed of 39 kilometres per hour (24 miles per hour), the flight tracking website Flightradar24 said.

“The airport is currently closed to facilitate the response and allow for a thorough investigation,” the Port Authority said in a statement to the AFP news agency.

Emergency response protocols were “immediately activated”, it said.

A Port Authority aircraft rescue and firefighting vehicle lays on its side off of runway 4 after colliding with an Air Canada jet after it landed at LaGuardia Airport, Monday
A Port Authority aircraft rescue and firefighting vehicle lies on its side off Runway 4 after colliding with an Air Canada jet after it landed at LaGuardia Airport in New York [Aljazeera]

The US Federal Aviation Administration (FAA) issued a ground stop for all departures to LaGuardia due to the aircraft emergency with the airport closure in effect until 05:30 GMT. The probability of an extension was listed as high.

[Aljazeera]

Continue Reading

Foreign News

Eid celebrations dimmed by war and displacement across Middle East

Published

on

By

Shireen Shreim says that Palestinians in Gaza are struggling to find the joy in Eid [Al Jazeera]

Along Beirut’s downtown waterfront, Alaa is looking for somewhere to rest his head.

The Syrian refugee, originally from the occupied Golan Heights, is now homeless. He explained that he had already spent the day wandering around the Lebanese capital trying to find shelter.

He used to live in Dahiyeh – the southern suburbs of Beirut that have been pummelled by Israeli attacks, which have now killed MORE THAN 1,000 across Lebanon.

Now, he’s just looking for somewhere he can be safe. And in that context, Eid al-Fitr, the Muslim festival that began on Friday, is far from his mind.

When asked if he had any plans for Eid, he replied in the negative. Instead, his focus was on getting a tent.

“I got rejected from staying in a school, then I went to sleep on the corniche,” Alaa said. “Then people from the municipality told me to come here to downtown Beirut’s waterfront.”

Alaa wasn’t able to find a tent and is sleeping in the open air for now. But others in the area have, transforming a downtown more famous for its expensive restaurants and bars into a tent city for those displaced by the fighting. Across Lebanon, more than a million people have been displaced.

Lebanese are uncertain when this war will end, particularly as they have barely recovered from the conflict with Israel that ran between October 2023 and November 2024.

It makes celebrations difficult – a common theme across the countries affected by the current conflict.

In Iran, now in its third week of US-Israeli attacks – with no sign of an immediate end and an economic crisis that preceded the conflict, people are struggling to afford any of the items typically bought during the holiday season.

And it is potentially dangerous for people to shop at places like Tehran’s grand bazaar, which has been damaged by the bombing.

The religious element of Eid adds an extra sensitivity for antigovernment Iranians, some of whom now see any sign of religiosity as support for the Islamic Republic. The fact that Nowruz – the Persian New Year – falls on Friday this year means that some in the antigovernment camp will be focused on that celebration instead, and eschewing any events to mark Eid.

[Aljazeera]

Continue Reading

Trending