Two Pro-Canada Alberta Cabinet Ministers Quit Ahead of Smith’s Shuffle
Alberta Finance Minister Nate Horner and Hospitals Minister Matt Jones resigned from Premier Danielle Smith’s United Conservative Party (UCP) cabinet Wednesday, hours before a scheduled shuffle Thursday, in departures both men framed as personal but that drew immediate scrutiny given their known opposition to Alberta separation. Both announced on social media that they will not […]
Iran Deal in ‘Final Stages,’ Trump Says, as New Details Reveal Deep Sticking Points
President Donald Trump declared Wednesday that US negotiations with Iran are in the “final stages,” sending oil prices tumbling and Treasuries rallying — even as newly surfaced details from Iranian sources outline a framework still divided on its most critical terms. “We’re in the final stages of Iran,” Trump told reporters. “We’ll see what happens. […]
Carney Warns BC on Pipeline as Ottawa and Victoria Agree to Negotiate
Prime Minister Mark Carney traveled to Vancouver on Wednesday to deliver a pointed message to British Columbia’s government: get on board with energy development, or Ottawa moves on. Speaking to business leaders at the Greater Vancouver Board of Trade ahead of a closed-door meeting with Premier David Eby, Carney declared the world is in an […]
Sherritt Agrees to Hand Majority Stake to Trump-Linked Investor as Cuba Sanctions Bite
Canadian miner Sherritt International has signed a preliminary deal to hand a controlling stake to a family office tied to a former Trump administration official — the latest turn in a nearly three-week crisis triggered by escalating US sanctions on Cuba. Sherritt announced Wednesday it had entered a non-binding agreement with Gillon Capital LLC, under […]
SpaceX S-1 Reveals Anthropic Is Paying $1.25 Billion a Month for AI Compute
SpaceX‘s IPO prospectus, filed with the SEC on May 20, contained a disclosure that answers one of the more pressing questions raised by the filing: how the company plans to offset the $2.469 billion quarterly operating loss generated by its AI segment. The answer, at least in part, is Anthropic. The S-1 details a compute […]
Hong Kong Targets London’s Gold Crown With July Clearing Launch and 11-Bank Board
Hong Kong is moving to crack London’s grip on global gold trading, with a government-backed clearing system set to go live by July and a board spanning eleven banks from New York to Beijing assembled to make it credible. The Financial Services and the Treasury Bureau confirmed preparatory work has crossed into its final stretch. […]
SpaceX Files For IPO, xAI Losses Loom Large
SpaceX dropped its S-1 prospectus with the SEC on May 20, targeting a Nasdaq listing under the ticker SPCX — and the numbers inside tell a story the company’s private backers have never had to reckon with publicly. Starlink is a machine. The AI bet attached to it is burning cash at a pace that […]
Is Carney’s 6-Month Graphite Mine Groundbreaking Claim False?
Ottawa is claiming speed on a graphite project whose real business problem was not simply permitting, but turning a long-developed mine into a financeable supply-chain asset. Prime Minister Mark Carney said Canada was breaking ground on Nouveau Monde Graphite’s Matawinie Mine six months after it was referred to the Major Projects Office, framing the Quebec […]
US Charges Raúl Castro With Murder, But It May Not Push To Trial
Washington has created a prosecution that may travel farther than the defendant, placing former Cuban President Raúl Castro under US murder charges three decades after the Brothers to the Rescue shootdown while leaving the central custody problem unresolved. Castro, 94, was indicted in federal court in Miami on charges tied to the February 24, 1996, […]
EU’s Mineral Stockpile Shows 2030 Targets Cannot Cover 2026 Risk
Europe is preparing to put critical minerals into storage because its industrial policy has a timing problem: the bloc’s diversification targets are aimed at 2030, while export restrictions, defense demand, semiconductor needs, and clean-tech supply pressures are already hitting now. That gap is the real story behind the EU’s emerging pilot reserve. Reuters reported that […]