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Tariff Costs Put New Pressure on U.S. Corporate Profits

Rising tariff expenses are beginning to weigh heavily on U.S. companies, prompting executives across multiple industries to warn that profit margins may tighten in the months ahead. Many firms had initially suggested they could manage the added costs through efficiency improvements or selective price increases, but that confidence is fading as import-related expenses continue to climb. Companies that rely on global supply chains are feeling the strain most acutely. Higher costs on imported materials and components are forcing difficult decisions: pass the increases on to consumers, risking weaker demand, or absorb the costs internally, which directly erodes profitability. For many businesses, neither option is attractive. Consumer-facing brands are finding it especially challenging to raise prices further, as shoppers show growing sensitivity to even modest increases. This resistance limits the ability of firms to offset tariff-driven expenses, creating a squeeze that is beginning t...
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Devastating Earthquake Strikes Myanmar and Thailand, Leaving Over 150 Dead

 

A powerful 7.7 magnitude earthquake struck Myanmar and Thailand on March 28, 2025, causing widespread destruction and loss of life. The epicenter was located near Mandalay, Myanmar's second-largest city, and the tremors were felt as far as Bangkok, Thailand's bustling capital.

In Myanmar, at least 144 people lost their lives, and over 730 were injured. The quake caused buildings, bridges, and even a monastery to collapse, leaving rescue teams scrambling to pull survivors from the rubble. The situation is dire, with blood supplies running low and the death toll expected to rise.

In Thailand, the earthquake claimed at least 10 lives in Bangkok, where a high-rise under construction collapsed, leaving many injured and over 100 people missing. The city's residents were evacuated from high-rise buildings as aftershocks, including one measuring 6.4 magnitude, continued to shake the region.

The disaster has prompted international aid efforts, with the United Nations allocating $5 million to support relief operations. However, the full extent of the damage remains unclear, particularly in Myanmar, which is already grappling with a humanitarian crisis due to ongoing civil conflict.

This tragic event serves as a stark reminder of the vulnerability of the region to seismic activity and the urgent need for disaster preparedness and support.


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