Iran Halts Petrochemical Exports Amid US Blockade, Crippling $13 Billion In Trade
Iran has abruptly halted all petrochemical exports, a trade worth $13 billion annually with 29 million tonnes shipped as per Iranian state figures, as tensions with the United States escalate following recent military actions. The ban, effective immediately, marks a sharp response to a US blockade of Iranian ports that began on April 13, severely […]
U.S. Military Quietly Prepares for Potential Cuba Intervention Under Trump Orders
The U.S. military is quietly intensifying preparations for a potential Pentagon-led intervention in Cuba, should President Donald Trump issue the order, as tensions between Washington and Havana reach a boiling point. This escalation follows a series of provocative moves by the Trump administration, including curbing oil shipments to Cuba in January 2026 as part of […]
Massive Fire Engulfs Viva Energy Refinery, One of Only Two Refineries in Australia
A massive fire has broken out at the Viva Energy refinery in Geelong, one of just two operational oil refineries in Australia, with emergency services battling a blaze that remains uncontained as of early Thursday morning. Fire Rescue Victoria reported the incident began around 11:05pm on April 15, following multiple accounts of explosions and flames […]
Newmont Halts Cadia Gold Mine Operations After 4.5-Magnitude Earthquake in Australia
Newmont Corporation (NYSE: NEM) has suspended underground operations at its Cadia gold mine in New South Wales, Australia, following a 4.5-magnitude earthquake late on April 14. The quake, described as light to moderate seismic activity, was accompanied by two aftershocks into the early hours of April 15, prompting the company to prioritize safety and halt […]
NATO Failed US On ‘Small Operation’ In Iran, Trump Says
President Donald Trump is using NATO’s limited support for the US operation against Iran to reopen a larger question over whether Washington’s allies can be counted on in a bigger confrontation. In a Fox Business interview, Trump said NATO allies “should have been better” and argued they should have at least offered personnel support. “[Iran […]
Over Half Of Canadians Want To Join EU Even If We Can’t
A majority of Canadians now support Canada becoming a full member of the EU, but the stronger consensus is for deeper trade and economic ties rather than an immediate constitutional leap across the Atlantic. A recent Globe and Mail/Nanos survey found 56.8% of Canadians support or somewhat support Canada becoming a full EU member, including […]
Trump Vows to Fire Fed Chair Powell Over Refusal to Resign Amid Renovation Probe
President Donald Trump escalated his feud with Federal Reserve Chair Jerome Powell on Wednesday, vowing to fire him if he does not resign when his term as chair expires on May 15. The threat, made during an interview on Fox Business, centers on a contentious criminal investigation into Powell’s handling of a $2.5 billion renovation […]
Allbirds Stock Kicks Over 350% After Dumping Shoes To Be An AI Compute Firm
Allbirds (NASDAQ: BIRD) surged more than 300% Wednesday after the former sustainable shoe brand announced a sharp pivot into AI compute infrastructure, two weeks after agreeing to sell its footwear brand and related assets for $39 million. The company said it executed a definitive agreement with an institutional investor for a $50 million convertible financing […]
“I Am Permanently Opening The Strait Of Hormuz,” Trump Claims
President Donald Trump claimed he is “permanently opening” the Strait of Hormuz while saying China agreed not to send weapons to Iran. In a Truth Social post, Trump’s said “China is very happy” with the move, adding that he was opening the strait “for them, also – And the World.” “This situation will never happen […]
DOGE Cuts In IRS, Meant To Increase Savings, Would Actually Boost Budget Deficit
DOGE-linked IRS workforce cuts meant to reduce federal spending could instead increase the deficit by nearly $598 billion over the 2026–2035 budget window, according to a new Budget Lab analysis that says the broader IRS rollback may reduce federal revenue by about $861 billion. The report estimates that the 2025 reduction of almost 28,000 IRS […]