Chinese censors are carefully controlling public discussion about the US tariffs that took effect, promoting criticism of the US while downplaying the specifics of the 104 percent import tax on Chinese goods. The Chinese government is curating the narrative, allowing hashtags that mock the US or tout China's strengths to trend, while blocking those that focus on the tariff rate, in an effort to direct attention away from the potential severe implications for the Chinese…
And here we go again, folks, with another thrilling episode of "Insider Trading in Congress" - because, you know, ethics are totally overrated. But seriously, Rep. Alexandria Ocasio-Cortez is demanding an investigation into the whole shebang, and I'm like, "Finally, someone's paying attention!" (Or am I just drinking too much coffee?) I mean, let's get real here - when President Donald Trump puts his "Liberation Day" tariffs on hold, and the stock market magically resurrects,…
US President Donald Trump stated that Israel would lead a potential military strike against Iran if it does not abandon its nuclear weapons program. Trump's comments came ahead of scheduled talks between US and Iranian officials in Oman, with Israel and the US sharing the goal of preventing Iran from developing a nuclear weapon. Read the full story here
The Chinese Ministry of Commerce has added 11 US drone companies to the Unreliable Entity List, restricting their import and export relationships with China. This decision may significantly impact the US drone industry, which relies on Chinese components and raw materials. The affected companies include Brinc Drones, Domo Tactical Communications, and Skydio, among others, and are now prohibited from conducting business with Chinese companies, facing severe penalties for non-compliance, and are restricted from accessing vital…
A White House official stated that US tariffs on Mexico and Canada will remain in place despite a 90-day pause in the trade dispute. The official clarified that the pause is intended to allow for further negotiations. The tariffs will continue to be enforced until a new trade agreement is reached, according to the official, who did not provide a specific timeline for the negotiations. Read the full story here
The Canadian government has announced plans to accelerate the permitting process for energy projects. This move aims to establish Canada as a global energy superpower. The goal is to increase energy production and export, while also creating jobs and stimulating economic growth. This initiative is expected to have a significant impact on the country's energy industry and its position in the global market. Read the full story here
I'm just so done with the lack of transparency in politics, you know? According to CNBC, Alexandria Ocasio-Cortez thinks her colleagues should probably disclose their recent stock purchases, and honestly, it's about time someone said that out loud. But let's be real, this is not exactly a shocking revelation, I mean, who doesn't love a good ol' fashioned insider trading scandal every now and then? And can we talk about how convenient it is that…
The Iranian military plans to establish new drone bases in the country, according to Brig. Gen. Kioumars Heidari, commander of Iran's Army Ground Force. The new bases will reportedly include facilities in border regions, with the goal of supporting the country's unmanned aerial vehicle (UAV) production. The announcement comes as US and Iranian officials meet to discuss a potential deal over Iran's nuclear program. Analysts suggest that the move is a attempt by Iran to…
The Canadian ambassador to the U.S. has announced that Canada will be exempt from a new 10% tariff. This decision is seen as a significant development in trade relations between the two countries. The ambassador's statement has provided clarity on the issue, confirming that Canada will not be affected by the new tariff, which is set to impact other nations. Read the full story here
South Korea has announced emergency measures to support its struggling auto industry, which has been impacted by US tariffs. The measures aim to mitigate the effects of the tariffs and promote the industry's competitiveness. The government plans to provide financial support and trade incentives to affected automakers, in an effort to stabilize the industry and prevent further job losses. Read the full story here