Canacol Energy Secures US$45 Million Under Debtor-In-Possession Financing
Canacol Energy (TSX: CNE) has managed to secure debtor-in-possession financing, following the company making a filing under the Companies Creditors Arrangement Act in late November. The financing comes from an ad hoc group of holders of the firms 5.75% senior secured notes due 2028. The lenders have agreed to provide a US$45 million delayed-draw new-money […]
Congress Unveils $901 Billion Defense Bill Targeting Supply Chain Risks From China
Congress released a defense policy bill Sunday that authorizes roughly $901 billion in national security spending for fiscal 2026, the largest such authorization in US history. The measure addresses growing concerns about US reliance on foreign adversaries for critical military technology, particularly electronic display systems sourced from China and other “covered nations.” The legislation prohibits the […]
Benin Foils Coup Bid as Nigeria and ECOWAS Step In
Security forces loyal to President Patrice Talon suppressed a coup attempt on Sunday, after mutinous soldiers briefly seized the state television station and announced the dissolution of the government, officials said. The rebel faction identified itself as the “Military Committee for Refoundation,” led by Lt. Col. Pascal Tigri. At the government’s request, Nigeria dispatched fighter […]
Congress May Withhold Pentagon Travel Funds Until Boat‑Strike Video Is Released
Congress is considering a measure in the fiscal 2026 National Defense Authorization Act (NDAA) that would withhold a portion of Pentagon travel funds until unedited video of a September 2 boat‑strike operation is turned over to lawmakers. Under the proposal, roughly 25% of the travel budget for Defense Secretary Pete Hegseth’s office would remain frozen […]
Ottawa Plans to Fund Worker Buyouts With Their Own Pension Money
The Canadian government plans to use public servants’ own pension money to fund early retirement buyouts for 68,000 workers, a decision unions are calling “borderline theft.” The $1.5 billion program, announced in letters distributed last week, would allow eligible federal employees to retire early without penalties as Ottawa pursues 40,000 job cuts from a peak […]
Trump Unveils $12B Farmer Aid Funded By Tariffs
President Donald Trump’s $12 billion farm aid package is said to be a “bridge” designed to keep producers liquid through the next season while export demand, especially to China, remains uneven. Trump announced the program at a White House roundtable alongside Agriculture Secretary Brooke Rollins and farm-state lawmakers, with the White House framing the money […]
Did Europe Threaten to Dump US Treasury Bonds Over Ukraine Deal?
Russian state media spread unverified claims this week that Europe threatened to dump US Treasury bonds over Ukraine, while actual disputes between Washington and Brussels center on control of 210 billion euros in frozen Russian assets. Pravda EN published the claim on December 6, citing Russian military commentator Alexey Zhivov. The claim has been picked […]
Steadright Locks Up Goundafa Polymetallic Mine Under Binding MOU
Steadright Critical Minerals (CSE: SCM) has upgraded the memorandum of understanding that is in place to acquire the polymetallic copper-zinc-lead-silver-gold mine referred to as the Goundafa Mine. The company has modified the MOU in place to be binding following further due diligence being conducted.
Paramount Filing Lists Backers Missing From Announcement In Warner Bros Hostile Offer
Paramount Skydance’s hostile offer for Warner Bros Discovery is no longer just an acquisition headline, because the disclosed financing roster and governance structure look engineered to survive US review while keeping politically sensitive money close enough to fund, but far enough to not govern. The bid values Warner Bros Discovery at $30 per share in […]
California Resident Sues FanDuel Over Alleged Illegal Gambling Operations
A San Francisco resident filed a class-action lawsuit Friday against FanDuel Inc. and its parent companies, alleging the sports betting platform has operated illegal daily fantasy sports contests in California since at least 2015. Gilbert Criswell filed the complaint in the US District Court for the Northern District of California, claiming FanDuel collected approximately $200 […]