Pro-EU Candidate Dan Defeats Hard-Right Rival in Romanian Presidency
Nicușor Dan, the centrist mayor of Bucharest, won Romania’s presidential election Sunday with about 54% of the vote, defeating nationalist George Simion in a contest viewed as a choice between maintaining Romania’s pro-Western path or shifting toward populist nationalism. The election drew the highest voter turnout in 25 years, with Romanians coming out in force […]
Ontario Budget Invests $500M in Mineral Processing
Ontario Finance Minister Peter Bethlenfalvy released the province’s 2025 budget Thursday, featuring a $500 million investment in critical mineral processing and measures to strengthen economic resilience. The budget, titled “A Plan to Protect Ontario,” aims to shield the province from US tariffs while supporting workers and businesses. “Our government is delivering on our mandate to […]
Canada Post Is “Effectively Insolvent,” Says Mediator
Canada Post is “effectively insolvent,” warns federal mediator William Kaplan, who urges a sweeping overhaul of the Crown corporation’s mandate if it is to survive imminent labour and financial crises. Kaplan’s report recommends allowing Canada Post to shutter additional rural post offices, expand community mailboxes and introduce weekend parcel delivery staffed by part-time workers. He […]
Moody’s Cuts US Rating Down as Deficits, Interest Costs Soar
Moody’s has downgraded the US sovereign credit rating from AAA to AA1, marking the first reduction since it began formally assessing US bonds in 1993. The agency cited widening deficits, rising interest payments, and political paralysis as primary drivers, projecting federal debt to hit 134% of GDP and deficit-to-GDP of 9% by 2035. The move […]
Drugmaker Regeneron Acquires 23andMe for $256M
Regeneron Pharmaceuticals (NASDAQ: REGN) will acquire bankrupt genetic-testing firm 23andMe in a court-approved auction for $256 million, the companies announced on Monday. The all-cash deal, expected to close in Q3, positions Regeneron to control a trove of genomic data from 15 million customers who purchased 23andMe’s saliva-based DNA kits. Regeneron has pledged to honor 23andMe’s […]
Trump To Walmart: “Eat The Tariffs”
President Donald Trump targeted Walmart (NYSE: WMT) in a social media post on Saturday, stating: “Walmart should STOP trying to blame Tariffs as the reason for raising prices… they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING.” This comes after the retail giant warned this past week of “unprecedented” price […]
Nissan Responds to Reports of Plant Closures in South Africa, India, Argentina
Media reports have suggested Nissan Motor Co. plans to close manufacturing facilities in South Africa, India, and Argentina while consolidating operations in Mexico. The headlines were enough for the company to issue a statement in response, calling these reports “speculative.” In an official statement released May 16, Nissan said: “Regarding the recent reports on the […]
Sandstorm Gold Q1 2025 Earnings: Record Revenue Despite Challenges
We’ve got the first set of earnings now from a royalty name, and as we’ve said in the past, it’s a tough business to be in. But the rising price of gold is making that business a bit easier, at least on the surface, because it allows operators to mask declining production. And that’s exactly […]
I-80 Gold Q1 Earnings: The Struggle Continues
It seems that every quarter we have this same discussion, yet here we are again. The bad has gotten worse. Sentiment continues to fall. And still here we sit, seemingly beating a dead horse that just well.. Investors love to flock to in hopes of making a fortune when the turn around finally comes. You […]
EV Nickel: The Billion Dollar Carlang A PEA
Canada Nickel isn’t the only junior in the Timmins region with a billion-dollar plus net present value any more. Another explorer has entered the fray in an attempt to bolster Canada’s production of nickel. And while they may not have the backing of Agnico Eagle or Samsung like Canada Nickel, they bill themselves as a […]