Israeli Outlets Report Trump-Netanyahu Gaza Deal
Israeli media outlets reported Thursday that President Donald Trump and Prime Minister Benjamin Netanyahu agreed to end the Gaza war within two weeks and expand Middle East peace deals, but major international news organizations have not independently confirmed the claims. Israeli outlets cited unnamed sources claiming the leaders spoke by phone following recent US military […]
Canada’s Economy Contracts In April As Manufacturing Tumbles
Canada’s real gross domestic product edged down 0.1 percent in April, reversing a modest 0.2 percent gain in March, as broad-based declines in the manufacturing and wholesale trade sectors offset gains in services and public administration. The goods-producing side of the economy shrank by 0.6 percent in April, with manufacturing accounting for nearly all of […]
Copper Giant Issues $1.6 Million In Stock For Acquisition Of 53,474 Hectare Land Package
Copper Giant Resources (TSXV: CGNT) is set to substantially increase their landholdings in Colombia, with the firm this morning announcing that they will be acquiring a private Columbian entity whom holds 12 mining applications in the country. The purchase, which will see 7.5 million shares issued at a price of $0.21 per each for a […]
Crypto Infrastructure Provider Banxa Holdings To Be Acquired For $1.55 A Share In Cash
Crypto infrastructure provider Banxa Holdings (TSXV: BNXA) is set to be acquired by the Hong Kong-listed OSL Group. The transaction will see Banxa acquired for all cash as OSL works to grow its position in the digital asset industry. Under the terms of the agreement, Banxa shareholders are set to receive $1.55 per share of […]
Betting Platform Kalshi Raises $185M, Hits $2B Valuation
Prediction marketplace Kalshi has raised $185 million in a funding round that values the company at $2 billion, CEO Tarek Mansour announced Wednesday. Paradigm, a cryptocurrency investment firm, led the round. Other participants included Sequoia, Multicoin, Neo and Bond Capital, along with Citadel Securities CEO Peng Zhao. Kalshi allows users to bet on outcomes ranging […]
FHFA Tells Fannie & Freddie: Add Bitcoin to the Mortgage Toolkit
In an unprecedented policy shift, the Federal Housing Finance Agency on Wednesday ordered government-sponsored enterprises Fannie Mae and Freddie Mac to draw up plans for treating regulated cryptocurrency holdings as eligible reserves in single-family mortgage underwriting. The decision, signed by FHFA Director William Pulte, instructs the enterprises “to consider cryptocurrency as an asset for reserves… […]
Trump Threatens Tariff Blitz as Spain Alone Rejects NATO’s New 5% Defence Pledge
At the NATO summit in The Hague, President Donald Trump revelled in allies’ decision to quintuple the alliance’s defence spending benchmark—from 2% to 5% of GDP by 2035. Yet, he reserved his harshest words for the one hold-out, Spain. “It’s terrible what Spain has done,” he told reporters. “We’re negotiating a trade deal and I […]
LME Forces Traders to Surrender Massive Positions
The world’s premier metals marketplace has introduced emergency restrictions on large trading positions as dwindling warehouse stocks and aggressive bets by energy firms threaten market stability. The London Metal Exchange said Friday its new regulations require big position holders to make excess metal available for borrowing when their holdings exceed available physical supplies. The measures […]
‘Big Success’: Trump Secures NATO Agreement to More Than Double Defense Spending
NATO allies agreed this week to dramatically increase defense spending to 5% of their gross domestic product by 2035, more than doubling the current 2% target, in a major victory for President Donald Trump, who has long pressured European nations to shoulder more of the alliance’s financial burden. The agreement at the two-day summit in […]
Shell Rumored To Acquire BP; Company Denies Merger Talks
Shell (NYSE: SHEL) is assessing an audacious move to buy fellow UK oil firm BP (NYSE: BP), according to a Wall Street Journal report that says “talks between company representatives are active” and that BP is “considering the approach carefully.” People familiar with the matter told the Journal the discussions remain preliminary and could still […]