Barrick Extends Strategic Review at Reko Diq Through Mid-2027
Barrick Mining (TSX: ABX) has moved to throttle development at its Reko Diq copper-gold project in Pakistan, signaling that escalating regional instability has finally caught up with one of the industry’s most ambitious growth assets. The company announced Thursday evening that it will extend a strategic project review until mid-2027, effectively slowing activity at the […]
White House Proposes $1.5 Trillion Defense Budget for 2027 Amid Iran Conflict
The White House has unveiled a staggering $1.5 trillion defense budget proposal for the 2027 fiscal year, marking a historic high for U.S. military spending as the nation grapples with an ongoing war with Iran. This request, part of President Trump’s latest budget outline released on Friday, represents a 40% increase from current Pentagon allocations. […]
Macron Dismisses Trump’s Personal Jibes, Rejects Military Push on Hormuz
French President Emmanuel Macron called Donald Trump’s personal remarks targeting his marriage “neither elegant nor of a high standard” on Thursday, refusing to engage as the two leaders’ clash over the Iran war turned openly personal. Trump made the remarks at a private White House lunch on Wednesday in a video posted — then removed […]
Canada’s Irving Oil Pivots to Domestic Crude Amid Iran War Supply Crisis
Irving Oil Ltd., operator of Canada’s largest refinery, has secured approval to source 650,000 to 680,000 barrels of crude from Newfoundland and Labrador for the first time since July 2020, as the ongoing US-Israel war on Iran disrupts Middle Eastern oil supplies through the Strait of Hormuz. The crude will be transported from the Whiffen […]
Turkey Slashes Gold Reserves by 118 Tonnes in Two Weeks Amid War Fallout
Turkey’s Central Bank has slashed its gold reserves by a staggering 118 tonnes over just two weeks, with last week’s drop of 69.1 tonnes alone marking the largest weekly decline since at least 2013, when data tracking began. The reserves now stand at 702.5 tonnes as authorities scramble to mitigate market turmoil driven by the […]
Iran Claims Downing of U.S. F-15E Strike Eagle Over Central Iran With New Air Defense System
Iran’s Islamic Revolutionary Guard Corps announced on April 3, that it shot down a U.S. fighter jet over central Iran using a newly developed air defense system, marking a sharp escalation in ongoing military tensions with the United States. The IRGC’s central command headquarters claimed the aircraft was a fifth-generation F-35 stealth fighter, struck by […]
White House Chief of Staff Warns Aides Against Shielding Trump From Iran War Fallout
White House Chief of Staff Susie Wiles has privately urged senior aides to stop presenting President Donald Trump with an overly optimistic picture of the US-Israel war against Iran, warning that growing political and economic costs have left the administration a narrow window to find an exit from the conflict. According to a TIME Magazine […]
S&P Slashes British Columbia Rating Again, Citing Fiscal Imbalances
British Columbia’s credit rating has been slashed for the fifth time since 2021, with S&P Global Ratings dropping the province to ‘A’ from ‘A+’ on April 2, 2026, citing persistent large deficits and a rapidly rising debt burden. The downgrade reflects deep concerns over BC’s fiscal health, as the province’s budgetary imbalances are projected to […]
Defense Secretary Hegseth Fires Army Chief Randy George in Leadership Shake-Up
Defense Secretary Pete Hegseth dismissed Gen. Randy George, the Army’s chief of staff, on April 2, 2026, marking a dramatic escalation in tensions between the Pentagon’s civilian leadership and the Army’s top brass. The firing, confirmed during a 4 p.m. phone call from Hegseth to George, also saw the removal of Gen. David M. Hodne, […]
Security Threats Force Shen Yun to Cancel Remaining Toronto Shows, Raising Venue Safety Questions
The curtain has prematurely closed on Shen Yun’s 2026 engagement at the Four Seasons Centre for the Performing Arts. Following an initial disruption earlier this week, all remaining performances in Toronto have been officially cancelled, a move the venue described as a necessary precaution in the face of “escalating” threats. From Disruption to Total Cancellation […]