STORY: Hawaiian officials have defended not using a siren system during last week’s deadly wildfire on Maui island. On Wednesday Maui’s emergency chief Herman Andaya said doing so would have likely sent people into danger during a press conference that, at times, grew tense. < Journalist: “Do you regret not sounding the sirens?” Andaya: “I […]
(Corrects wording of headline) (Reuters) -Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Saturday. Volvo, which is majority-owned by China’s Geely, was considering halting sales of Chinese-built EVs bound for […]
Financial markets caught a nasty chill last week, when extremely weak activity data from Germany coincided with fears that the ECB could not overcome Bundesbank opposition to more aggressive quantitative easing. Then the IMF reported that there is a 40 per cent probability of a recession in the euro area within 12 …