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Under the latest projections approved by the cabinet on Wednesday, the government expects Japan's economy to expand 1.1% in the current fiscal year, up from 0.7% growth estimated in August due to the smaller-than-expected hit from U.S. tariffs.
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News and Media
Forecasters said Southern California could see its wettest Christmas in years and warned about flash flooding and mudslides. Areas scorched by January's wildfires were under evacuation warnings, and Los Angeles County officials said Tuesday they were going door to door to about 380 especially vulnerable homes to order residents to evacuate.
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News and Media
China is still limiting rare earth element supplies needed by the United States for permanent magnet manufacturing. This is happening even after a trade deal was reached in October. While China has increased deliveries of finished magnets, the US industry struggles to obtain the raw materials. This situation highlights ongoing tensions between the two nations.
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News and Media
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