Tuesday, April 13, 2021

Egypt "Seizes" Suez Megaship, Demands Nearly $1 Billion Compensation

The megaship which blocked Egypt's Suez Canal and crippled world trade for nearly a week has been "seized" on court orders until the vessel's owners pay $900 million, canal authorities said Tuesday.

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US Companies Get Creative As Tariff Refunds Start Flowing In

US companies getting refunds after the Supreme Court struck down President Donald Trump's import tariffs are using the temporary windfal...