Joe Manchin Doesn’t Want Foreign Cars to Qualify for EV Tax Credit
US drivers buying imported cars may potentially qualify for new EV tax credits that are part of the Inflation Reduction Act, easing foreign carmakers’ worries about America’s strengthening shift towards tighter climate regulation. The US Treasury Department has indicated that some imported electric vehicles could qualify for EV tax credits under the Inflation Reduction Act. […]
Citadel’s Ken Griffin Donated Over $135 Million To The GOP From 2020 To 2022
Billionaire Ken Griffin, founder and CEO of Citadel, has been donating to political campaigns for over two decades. In recent years, he’s appeared to lean rightward, donating about US$135 million exclusively to Republican general political action committees (PACs) and candidate-attached PACs from 2020 to 2022. The GOP megadonor previously donated to both Republicans and Democrats. […]
In A Nutshell: Digital Currency Group vs. Gemini
The crypto twitter year started off with a budding feud. Gemini’s Earn program, a yield product offered to customers, continues to see its funds locked in Genesis Global Trading — and Gemini’s co-founder Cameron Winklevoss wants some answers. READ: Gemini Earn Program Sees Customer Funds Locked Up With Genesis Genesis announced in November 2022 that […]
UK Eyes Nuclear Power Growth, Launches $90 Million Nuclear Fuel Fund
The UK government has announced US$90 million (£75 million) of funding for the development of domestic nuclear fuel production, in a bid to reduce reliance on Russia and strengthen the country’s energy security. The investment, which will come from the Nuclear Fuel Fund, aims to encourage the development and commercialization of nuclear fuel production technologies […]
New Found Gold Begins 2023 With Drill Program Expansion
New Found Gold (TSXV: NFG) is starting off 2023 by expanding its excessive drill program at its flagship Queensway Project, located near to Gander, Newfoundland. The firm this morning revealed it will be expanding its current drill program by an additional 100,000 metres of drilling in aggregate. The expanded drill program brings the total size […]
United Lithium Expands Liberty Lithium Property By 220 Unpatented Claims
United Lithium (CSE: ULTH) has officially increased its claim holdings in South Dakota’s Black Hill region. The firm indicated this morning that it has received approval for additional Bureau of Land Management claims that were staked contiguous with the firms Liberty Lithium property, which it acquired in May 2022. The approval adds a total of […]
Skeena Resources Makes $9.5 Million Flipping Eskay Creek Royalty
Skeena Resources (TSX: SKE) has evidently made a “quick-flip” out of a royalty on its flagship Eskay Creek Project, found in British Columbia. The firm has re-sold a royalty, months after re-purchasing it from Barrick Gold (TSX: ABX). The company has closed on the sale of a 0.5% net smelter returns royalty to that of […]
Bitfarms Improves December Production 9% While Continuing To Sell Off Bitcoin Holdings
Bitfarms Ltd (TSX: BITF) is looking to start 2023 off on a strong note, with the firm indicating this morning that expansion plans in Canada have been advanced by two and a half months. The planned expansions at what the firm refers to as its Garlock and Bunker farms were completed during the month of […]
Russia’s National Wealth Fund Boosts Share of Chinese Yuan and Eliminates Balances of Pound, Yen
The US dollar, along with other western currencies, are losing their lustre among some major economic superpowers. Russia’s National Wealth Fund (NWF), which stores revenue from oil exports and is used to support the national pension system and cover budget deficits, has announced that it will double the amount of Chinese yuan it holds to […]
Elon Musk vs. Anthony Fauci: Twitter CEO Teases New Release of ‘Fauci Files’
Elon Musk is not shy about expressing his discontent with the face of the US pandemic response, Dr. Anthony Fauci. On Sunday, the Twitter CEO teased about releasing another batch of what have become his infamous “Twitter Files,” this time focusing on Fauci’s handling of the Covid-19 pandemic under the Trump and Biden administrations. In […]