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Blue Ivy breaks Met Gala age barrier as the youngest attendee in nearly a decade

NY Post
3 months 1 week ago
When you’re Beyoncé’s kid, trailblazing is in your blood.  
Asia Grace

Michael Kay pays homage to John Sterling with Yankees home run call

NY Post
3 months 1 week ago
Michael Kay honored the late John Sterling on Monday by replicating his well-known home run call for Aaron Judge in the bottom of the first inning. 
Christian Arnold

Why Timothée Chalamet missed Met Gala 2026 as girlfriend Kylie Jenner attends

NY Post
3 months 1 week ago
The “A Complete Unknown” actor has only attended the Met Gala once, making his debut in 2021.
mliss1578

Why Timothée Chalamet missed Met Gala 2026 as girlfriend Kylie Jenner attends

NY Post
3 months 1 week ago
The “A Complete Unknown” actor has only attended the Met Gala once, making his debut in 2021.
Tamantha Ryan, Antoinette Bueno

Blake Lively carries her kids’ art on the Met Gala 2026 red carpet

NY Post
3 months 1 week ago
The actress made a show-stopping appearance at this year's Met Gala just hours after settling her "It Ends With Us" case with Justin Baldoni.
mliss1578

Blake Lively carries her kids’ art on the Met Gala 2026 red carpet

NY Post
3 months 1 week ago
The actress made a show-stopping appearance at this year's Met Gala just hours after settling her "It Ends With Us" case with Justin Baldoni.
Elana Fishman, Kristin Contino

Jermaine Eluemunor tells The Post his plans for Francis Mauigoa’s Giants transition

NY Post
3 months 1 week ago
Jermaine Eluemunor had little interest in playing with anyone but the Giants in 2026 and onward.
Mark Cannizzaro

Angelina Jolie lists her iconic Los Angeles estate for $30M — as rumors swirl she’s set to quit US for good

NY Post
3 months 1 week ago
Hollywood starlet Angelina Jolie has put her legendary Los Angeles estate on the market for $29.9 million.
Realtor.com

Blake Lively attends Met Gala 2026 just hours after shocking Justin Baldoni settlement

NY Post
3 months 1 week ago
The "It Ends With Us" co-stars announced the shock settlement Monday in a joint statement obtained by Page Six.
mliss1578

Blake Lively attends Met Gala 2026 just hours after shocking Justin Baldoni settlement

NY Post
3 months 1 week ago
The "It Ends With Us" co-stars announced the shock settlement Monday in a joint statement obtained by Page Six.
Vanessa Serna

Iran War Threatens China's 4.5 Percent Growth Target: Analysts

Zero Rss
3 months 1 week ago
Iran War Threatens China's 4.5 Percent Growth Target: Analysts

Authored by Jarvis Lim via The Epoch Times (emphasis ours),

China’s already-strained economy faces mounting pressure as the Iran war threatens to choke export growth and suppress domestic demand, putting its 4.5 percent growth target at risk, experts say.

A woman takes a photo of the Lujiazui financial district across the Huangpu River on the Bund promenade in Shanghai, China, on March 5, 2026. Jade Gao/AFP via Getty Images

As the U.S.–Israeli war against the Iranian regime stretches past the two-month mark, President Donald Trump said in an April 29 interview with Axios that he will continue to maintain a blockade of Iran until Tehran agrees to a deal addressing concerns over its nuclear program.

Brent crude, the global oil benchmark, briefly spiked to over $120 a barrel after Trump’s remarks, hitting a four-year high before dropping back to $114. It now sits at around $108 as of Sunday afternoon.

Rising oil costs have also driven up plastic prices across Southern China, squeezing profit margins and triggering panic buying throughout the supply chain at Dongguan’s Zhangmutou—the nation’s top plastics trading hub.

China is the world’s largest producer, consumer, and exporter of final plastic products, according to a 2025 report from the Organisation for Economic Co-operation and Development, an intergovernmental organization.

Export Squeeze 

Tsai Ming-fang, a professor of industrial economics at Tamkang University in Taiwan, said that while many argue China’s strategic oil inventories would shield it from the effects of a blockade, the turmoil in China’s plastics markets shows the conflict is already weighing on its manufacturing exports.

China is estimated to be holding the world’s largest crude stockpiles, at nearly 1.4 billion barrels as of December 2025 and growing in 2026, according to an analysis released in April by the U.S. Energy Information Administration.

“Surging energy prices in financially unstable countries like Indonesia, Thailand, and Vietnam are squeezing out discretionary spending, dragging down China’s export shipments,” Tsai told The Epoch Times.

“If consumers don’t consider these Chinese goods necessities, China’s shipment volumes will naturally fall further.”

Containers at the Longtan port in Nanjing, eastern China's Jiangsu province on Jan. 14, 2026. AFP via Getty Images

Indonesia, Thailand, and Vietnam are members of the Association of Southeast Asian Nations (ASEAN)—China’s largest trading partner—with bilateral trade reaching 6.82 trillion yuan ($999 billion) in the first 11 months of 2025.

Chinese exports to the bloc totaled 4.29 trillion yuan ($628 billion) over the same period, up 14.6 percent year on year, data from the Economic and Commercial Office of the Mission of the People’s Republic of China to ASEAN showed.

Echoing the concern, Alicia Garcia-Herrero, chief economist for Asia Pacific at Natixis Research, said China’s export engine is now caught in a “double bind,” with higher shipping costs driven by Hormuz disruptions and softening end-markets across Southeast Asia.

“This is not yet a cliff edge, but the directional pressure [on China’s exports] is clearly downward, particularly in electronics, machinery, and mid-tier consumer goods,” Garcia-Herrero told The Epoch Times.

Liu Meng-chun, director of the Chung-Hua Institution of Economic Research’s mainland China division in Taipei, said war-driven inflation in advanced economies like the United States and Europe is eroding purchasing power, stifling demand for Chinese goods and compounding the country’s chronic overcapacity.

“The European Union overtook the United States as China’s second-largest export destination in 2025, but the conflict has stoked price pressures across the region, eating into the profit margins of Chinese firms,” Liu told The Epoch Times.

Exports from the world’s second-largest economy grew just 2.5 percent year on year in March, a sharp pullback from the 21.8 percent expansion recorded in January and February, according to China’s General Administration of Customs.

Faltering Demand

On the consumer front, Chinese car sales—widely viewed as a barometer of domestic demand—are declining.

Passenger vehicle retail sales in China fell 15 percent year on year in March to 1.648 million units, according to the China Passenger Car Association.

Cumulative sales in the first quarter of 2026 reached 4.226 million units, down 17.4 percent from a year prior.

“The prolonged stalemate in the Middle East crisis has driven international oil prices sharply higher ... suppressing the release of consumer potential,” the industry body said.

A receptionist sits near the Leapmotor T03 model displayed at a showroom in Hangzhou in eastern China's Zhejiang province on Tuesday, May 14, 2024. Caroline Chen/AP Photo

Garcia-Herrero noted that China’s domestic demand was already under strain before the Iran war, warning that the ongoing energy shock will only exacerbate the decline.

“Elevated oil prices are feeding directly into transport and manufacturing input costs, squeezing household purchasing power and eroding consumer confidence,” she said.

China’s consumer price index, a key gauge of inflation, rose 1 percent year-on-year in March and was down 0.3 percentage points from February, according to China’s National Bureau of Statistics.

The producer price index (PPI)—a measure of costs at the factory gate—climbed 0.5 percent in March from a year earlier, reversing a 0.9 percent decline in February and marking its first rise after 41 consecutive months of contraction.

But Tsai cautioned against interpreting China’s PPI increase as a sign of economic recovery.

“The PPI rebound stems from energy cost pass-throughs driven by the conflict, rather than any genuine pickup in domestic spending,” Tsai said.

“The latest data indicates China is likely still grappling with internal ‘involution.’”

“Involution” describes a cycle in which Chinese firms compete ever more fiercely for a shrinking pool of consumers, driving down prices and profits without generating real economic growth.

As the fighting in Iran persists, the erosion of both domestic spending and export growth will inevitably deal a severe blow to China’s job market, according to Liu.

“The export sector has traditionally offered massive employment opportunities, but sluggish foreign trade is now constraining wage growth,” Liu said.

“Under these circumstances, the unemployment rate could rise further, hidden unemployment will become more pronounced, and the labor market will continue to contract.”

According to data released by China’s National Bureau of Statistics on April 21, the unemployment rate for those aged 16 to 24, excluding students, rose to 16.9 percent in March, up from 16.1 percent in February.

Dimming Outlook  

In March, China’s State Council announced an economic growth target of 4.5 to 5 percent for 2026, its lowest since the early 1990s, not including the pandemic.

Construction workers leave a building site for a new office tower in the Central Business District in Beijing on April 3, 2025. Kevin Frayer/Getty Images

Tsai said Beijing’s decision to lower its growth target reflects its own lack of confidence in the economy, and the protracted conflict in the Middle East has only darkened the outlook further.

“Unless China’s major trading partners—including Africa, Southeast Asia, and the EU—dramatically scale up imports, hitting Beijing’s growth target looks increasingly unlikely,” Tsai said.

“Besides, new legislation from the EU is piling further pressure on China’s economy.”

The European Commission unveiled the Industrial Accelerator Act on March 4, imposing strict screening on foreign investments exceeding 100 million euros ($117 million) in sectors that account for more than 40 percent of global capacity, such as electric vehicles, batteries, solar energy, and critical raw materials.

The move—widely viewed by analysts as targeting China—drew a sharp rebuke from Beijing, which claimed the framework was “discriminatory,” and constituted “severe investment barriers.”

Echoing Tsai’s assessment, Garcia-Herrero said hitting 4.5 percent growth remains “achievable on paper,” but the margin for error has narrowed considerably.

“Beijing retains meaningful policy tools—fiscal stimulus, targeted monetary easing, and strategic energy reserves,” Garcia-Herrero said.

“But deploying them effectively against an externally driven inflation shock is a different challenge than managing domestic cycles.”

Garcia-Herrero predicted that if the Hormuz blockade extends beyond the second quarter, a revision toward 3.8 to 4.2 percent looks “increasingly likely.”

“The 4.5 percent target now depends heavily on a conflict resolution timeline that China cannot control,” she said.

Tyler Durden Mon, 05/04/2026 - 20:55
Tyler Durden

Michigan Dems’ vote-by-phone convention results in ‘material errors’ – including 200 ineligible ballots cast, candidate claims

NY Post
3 months 1 week ago
The vote-by-phone convention in Detroit resulted in more than 200 ineligible votes being cast, multiple people using the same phone number to cast ballots and some votes not being counted, Democratic state Sen. Sylvia Santana’s campaign alleged in a filing calling for an audit and recount. 
Victor Nava

Carson Benge’s bat continues to come alive as Mets take down Rockies

NY Post
3 months 1 week ago
Carson Benge’s full toolbox is open for business.
Mike Puma

Giants great Lawrence Taylor released from hospital after health scare

NY Post
3 months 1 week ago
The legendary Giants linebacker has been released from a New Jersey hospital and is recovering from pancreatitis at his home, TMZ reported on Monday. 
Christian Arnold

Blake Lively, Justin Baldoni avoided ‘tremendously expensive trial’ by reaching settlement in ‘It Ends With Us’ battle

NY Post
3 months 1 week ago
A legal expert told Page Six that a trial "would have cost each side probably multiple millions of dollars.”
mliss1578

Blake Lively, Justin Baldoni avoided ‘tremendously expensive trial’ by reaching settlement in ‘It Ends With Us’ battle

NY Post
3 months 1 week ago
A legal expert told Page Six that a trial "would have cost each side probably multiple millions of dollars.”
Sarah Jones, Priscilla DeGregory, Antoinette Bueno

Doctor separates fact from fiction on cold plunges and red light therapy

NY Post
3 months 1 week ago
Fox News' senior medical analyst warns viewers to check with their doctor before trying extreme temperature therapies.
Fox News

New York Parole Bills Could Free Some Of The State’s Most Notorious Killers

Zero Rss
3 months 1 week ago
New York Parole Bills Could Free Some Of The State’s Most Notorious Killers

Two parole reform bills advancing in New York are triggering intense debate, with supporters calling them long-overdue criminal justice reforms and critics warning they could allow violent offenders to leave prison early, according to the NY Post.

One proposal, known as the Elder Parole bill, would allow incarcerated individuals to request parole hearings once they reach age 55 and have served at least 15 years of their sentence. That eligibility would extend to some inmates serving life sentences, and those denied parole could reapply every two years.

The second proposal, Fair and Timely Parole, would change how parole boards evaluate inmates by placing greater focus on whether someone currently poses a risk to public safety instead of heavily weighing the original crime. Backers say the current system often ignores evidence of rehabilitation and keeps people incarcerated long after they have changed.

The NY Post writes that advocates argue older inmates are far less likely to commit new crimes and are expensive to keep in prison as they age. Release Aging People in Prison has pushed for both measures, saying elderly inmates who have taken accountability for their actions deserve a meaningful chance at release. “The evidence is clear that forcing completely rehabilitated elders to spend their final years in prison costs a fortune and delivers zero public safety benefit,” said Olivia Murphy of the organization.

Opponents, however, say the bills could have dangerous consequences. Critics point out that inmates convicted in some of the state’s most infamous cases — including David Berkowitz and Mark David Chapman, who murdered John Lennon — could potentially become eligible for release.

Raphael Mangual of the Manhattan Institute argued that rehabilitation in prison should not erase the severity of violent crimes. “It really shouldn’t matter how well somebody behaves in prison. You should have behaved before you got there,” he said.

Victims’ families have also voiced concerns, saying repeated parole hearings force them to revisit painful tragedies. Michael Pravia, whose brother Kevin was killed in 2008, criticized lawmakers backing the legislation and warned, “They will have blood on their hands.”

Mark David Chapman

Kathy Hochul has not said whether she would sign either bill if they pass. As the legislation moves forward, the fight over parole reform continues to center on two competing priorities: rehabilitation and second chances versus justice and public safety.

Supporters of the legislation maintain that the bills are being mischaracterized by opponents who are focusing on extreme examples. Yes, how dare they exaggerate about mass murder... 

'They argue that parole eligibility does not guarantee release and that every case would still go through a review process. Advocates also say New York’s prison population is aging rapidly, creating rising healthcare costs for the state while keeping behind bars people they believe no longer pose a serious threat.

Still, critics remain unconvinced and say the proposals send the wrong message to victims and their families. They argue that certain crimes are so severe that the original sentence should stand regardless of an inmate’s age or behavior in prison. With both sides digging in, the future of the bills could ultimately depend on whether lawmakers—and Kathy Hochul—view the measures as necessary reform or an unacceptable risk to public safety.

Tyler Durden Mon, 05/04/2026 - 20:30
Tyler Durden

‘Widow’s Bay’ Episode 1 Recap: The Village People

NY Post
3 months 1 week ago
The weirdness keeps bubbling up all over the place.
mliss1578

Anne Hathaway gets poetic on Met Gala 2026 red carpet

NY Post
3 months 1 week ago
Designer Michael Kors said the actress' look tells "a story that is as old as time: a wish for peace, beauty, and harmony.”
mliss1578

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