Trump’s Panama Canal Strategy Unlikely to Include Military Invasion, Officials Say
The United States is developing military plans to increase its presence around the Panama Canal following President Donald Trump’s pledge to “reclaim” the waterway, but officials familiar with the planning stress that a military invasion remains highly unlikely. US Southern Command has prepared options ranging from enhanced security partnerships to a potential military buildup, according […]
Trump Unpredictability Leads Portugal to Reconsider €5.5 Billion F-35 Purchase
Portugal may back out of its planned €5.5 billion purchase of US-made F-35 fighter jets, with its defense minister citing concerns about the unpredictability of the Trump administration’s policies as a key factor in their decision. Outgoing Defense Minister Nuno Melo told Portuguese media outlet Público that although the Portuguese Air Force recommended purchasing Lockheed […]
FBI Moves To Criminalize Climate Groups
Citibank disclosed in a recent court filing that the FBI had instructed it to freeze the accounts of organizations once funded under a Biden-era climate program. Those groups include a broad range of community nonprofits—among them Habitat for Humanity, the Coalition for Green Capital, and the DC Green Bank—all allegedly under suspicion of “possible criminal […]
Carney to Cut Cabinet Size in Half, Prepares for Trump Trade Challenges
Incoming Prime Minister Mark Carney is finalizing preparations for a significantly streamlined cabinet as he prepares to take office this Friday, according to sources familiar with the transition. The incoming Liberal government is expected to reduce ministerial positions from 37 under Justin Trudeau to between 15 and 20 members. Former leadership rival Chrystia Freeland has […]
InPlay Oil Posts Lower Annual Production, Net Income Drop in 2024
InPlay Oil (TSX: IPO) has released its financial and operating results for 2024, posting adjusted funds flow of $68.5 million ($0.76 per basic share), compared to $91.8 million ($1.03 per basic share) in 2023. The company cites a 44% year-over-year drop in AECO natural gas pricing as a key factor behind this contraction. AFF in […]
Wheaton Precious Metals Touts Record Annual Revenue, But Net Earnings Drop Due To Impairment Charge
Wheaton Precious Metals (TSX: WPM) has announced its Q4 and full-year 2024 results, reporting record annual revenue of $1.29 billion in 2024, an increase of 26.4% from $1.02 billion in 2023. This top-line growth was primarily driven by a 20% year-over-year increase in the average realized gold-equivalent price and a 5% uptick in the volume […]
IAMGOLD Secures $1.48 Million In Taxpayer Funds To Electrify Cote Gold Mine
The Canadian Government is evidently in the business of subsidizing multi-billion dollar corporations, provided they align with current government climate goals. Last night, the Minister of Environment and Climate Change, Steven Guilbeault, announced that the government would be investing in IAMGOLD (TSX: IMG) and their Cote Gold operations in Ontario. The investment will see taxpayers […]
Agnico Eagle Takes 14.99% Stake In Collective Mining With $63.4 Million Investment
Collective Mining (TSX: CNL) has managed to secure a substantial investment from Agnico Eagle Mines (TSX: AEM). The investment will see the major producer acquire units of the explorer, while simultaneously exercising warrants it currently holds in the company. Under the terms of the investment agreement, Agnico is set to purchase 4.7 million shares of […]
Trump Family Mulls Binance Stake While Founder Pursues Pardon
Members of President Donald Trump’s family have been holding talks to acquire a financial stake in cryptocurrency exchange Binance‘s US arm as the company’s founder pushes for a presidential pardon, the Wall Street Journal reported on Thursday. The negotiations come after Binance and its founder Changpeng Zhao pleaded guilty in 2023 to violating anti-money laundering […]
‘I Am Responsible’: Duterte Acknowledges Drug War Role as ICC Detention Begins
The case is also a watershed moment for international justice.