A cargo ship docked for repairs at one of China's busiest ports caught fire and killed 25 people Thursday, the latest in a string of deadly industrial disasters that Beijing's safety campaigns have failed to prevent. The blaze broke out aboard the Ocean Melody at roughly 11 a.m. local time at the Beihai Shipbuilding Co. […] The post Cargo ship fire at Chinese port kills 25 as Beijing's industrial safety record darkens appeared first on American Almanac .
A cargo ship docked for repairs at one of China's busiest ports caught fire and killed 25 people Thursday, the latest in a string of deadly industrial disasters that Beijing's safety campaigns have failed to prevent. The blaze broke out aboard the Ocean Melody at roughly 11 a.m. local time at the Beihai Shipbuilding Co. facility in the port city of Qingdao, a major shipping hub on China's northeastern coast in Shandong province. Firefighters battled the flames for about three and a half hours before extinguishing them at 2:30 p.m., CBS News reported . Forty-two people were on the vessel when the fire started. Twenty-five died. Twelve were safely evacuated. Five were hospitalized with injuries described as stable. The cause of the fire…Open
A cargo ship undergoing repairs at one of China's busiest ports caught fire on Thursday, killing 25 of the 42 people aboard, the latest in a string of deadly industrial disasters that have exposed persistent safety failures across the country. The blaze broke out around 11 a.m. local time aboard the Ocean Melody, a Liberian-flagged […] The post Cargo ship fire at Chinese port kills 25 during dockside repairs appeared first on American Almanac .
A cargo ship undergoing repairs at one of China's busiest ports caught fire on Thursday, killing 25 of the 42 people aboard, the latest in a string of deadly industrial disasters that have exposed persistent safety failures across the country. The blaze broke out around 11 a.m. local time aboard the Ocean Melody, a Liberian-flagged vessel docked at the Beihai Shipbuilding Co. facility in the port city of Qingdao, in eastern China's Shandong province. Firefighters battled the fire for roughly three and a half hours before extinguishing it at approximately 2:30 p.m., CBS News reported . By then, 25 people were dead. Of the 42 people on board when the fire started, 12 were safely evacuated and five were hospitalized with injuries. Chinese…Open
PULSE POINTSWHAT HAPPENED: China announced its 2026 GDP growth target at 4.5-5 percent, the lowest benchmark since 1991, signaling a shift to slower economic growth.WHO WAS INVOLVED: President Donald J. Trump and the Chinese Communist Party (CCP).WHEN & WHERE: Announced at the opening of the National People’s Congress on Thursday in Beijing’s Great Hall of […] The post Trump Tariffs Working: China Sets Weakest Economic Growth Target in Decades. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: China announced its 2026 GDP growth target at 4.5-5 percent, the lowest benchmark since 1991, signaling a shift to slower economic growth. WHO WAS INVOLVED: President Donald J. Trump and the Chinese Communist Party (CCP). WHEN & WHERE: Announced at the opening of the National People’s Congress on Thursday in Beijing’s Great Hall of the People. IMPACT: The lower target is a sign of structural issues in China’s export-heavy economy , which has been hit by President Trump’s efforts to disincentivise cheap imports in favor of products made by American workers. IN FULL China has set its lowest economic growth goal in decades, signaling a shift in strategy as the country confronts mounting domestic and…Open
China has signaled continuity rather than change for its economy, setting a slightly lower target for growth this year in the midst of a property slump and other headwinds at home and growing uncertainty abroad.
PULSE POINTSWHAT HAPPENED: President Donald J. Trump’s Director of the National Economic Council, Kevin Hassett, is pushing back on a research paper published by the New York Federal Reserve Bank that claims tariff costs are predominantly being passed on to American consumers.WHO WAS INVOLVED: Kevin Hassett, President Trump, the Federal Reserve Bank of New York, and American […] The post Trump’s Top Econ Advisor Blasts ‘Embarrassing’ Federal Reserve Tariff Study: ‘Worst Paper Ever Seen.’ appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: President Donald J. Trump’s Director of the National Economic Council, Kevin Hassett, is pushing back on a research paper published by the New York Federal Reserve Bank that claims tariff costs are predominantly being passed on to American consumers. WHO WAS INVOLVED: Kevin Hassett, President Trump, the Federal Reserve Bank of New York, and American consumers. WHEN & WHERE: Hassett’s remarks were made on February 18, 2026, following the release of the New York Fed tariff study. KEY QUOTE: “The paper is an embarrassment. It’s, I think, the worst paper I’ve ever seen in the history of the Federal Reserve System.” — Kevin Hassett IMPACT: The New York Fed research has fueled a new round of…Open