Ethics Committee Report: Matt Gaetz Paid For Sex With Minor And Drug Use, Abused His Office
The long-awaited House Ethics Committee report on U.S. Representative Matt Gaetz paints a disturbing picture of a man who abused his power, violated state and federal laws, and defiled the trust placed in him by his constituents. Released on December 23, 2024, after years of delays and obstructions, the report delivers a devastating indictment of […]
Rumble and Tether Ink $775 Million Deal: What Could Go Wrong, Right?
Video-sharing platform and cloud services provider Rumble (NASDAQ: RUM) has announced a $775 million strategic investment from Tether, the cryptocurrency giant behind the world’s largest stablecoin. While both companies celebrated the collaboration as a commitment to decentralization and free speech, critics have raised concerns about the deal’s timing, structure, and implications for financial and operational […]
Is Bitcoin’s Supply Actually Fixed?
Bitcoin is often lauded as the first truly decentralized digital currency, with its capped supply of 21 million coins serving as a cornerstone of its appeal. However, this assumption came under scrutiny recently when BlackRock, the world’s largest asset manager, released a promotional video highlighting Bitcoin’s features. Amid glowing praise for Bitcoin’s monetary policies, a […]
Iran Plunges Into Darkness as Energy Crisis Cripples the Nation
In recent weeks, Iran has faced an energy crisis of unprecedented proportions, threatening the country’s economy, infrastructure, and social stability. As the nation grapples with gas shortages, power plant shutdowns, and widespread industrial disruptions, experts warn that this multifaceted crisis could have far-reaching consequences. Despite possessing some of the world’s largest reserves of natural gas […]
Elon Musk Eyes Pentagon Contracts While Running Government’s ‘DOGE’ Experiment
Elon Musk continues to reshape industries and push boundaries, this time with ambitions extending deep into U.S. government operations. Musk could be part of a tech-driven consortium aiming to secure Pentagon contracts, signaling a potential shift in the defense landscape. This move comes amid his incoming controversial leadership of the Department of Government Efficiency (DOGE) […]
Paladin Energy Completes Acquisition Of Fission Uranium, To List On TSX
ASX-listed Paladin Energy has completed its purchase of Fission Uranium Corp (TSX: FCU), which follows a drawn out process that required federal approval for the transaction to proceed. Under the terms of the transaction, Fission shareholders received 0.1076 of a share of Paladin Energy for each share of Fission held. In dollar terms, the exchange […]
Competition Bureau Sues Rogers For Falsely Advertising “Unlimited” Data Plans
The Competition Bureau of Canada has filed a legal suit against Rogers Communications Inc. (TSX: RCI.B), alleging that the company’s marketing of its “Infinite” wireless plans misleads consumers by falsely advertising unlimited data. The Bureau asserts that Rogers’ plans impose data caps and significantly reduce speeds once those caps are exceeded, contradicting the “unlimited” claim. […]
Trump Plans to Push NATO Defense Spending to 5% of GDP
European officials have been informed that President-elect Donald Trump expects NATO members to increase defense spending to 5% of gross domestic product after his January 20 inauguration, according to reports from the Financial Times and Telegraph. This demand represents a significant escalation from both the alliance’s current 2% target and Trump’s previous suggestion of 4% […]
Canada Sees GDP Shrink 0.1% In November Based On Advanced Data
Canada’s economy displayed signs of weakness towards the end of 2024, despite aggressive interest rate cuts by the central bank. Statistics Canada reported on Monday that advance data indicates a 0.1% contraction in gross domestic product for November, marking the first monthly decline this year. This follows a stronger-than-expected 0.3% expansion in October, which surpassed […]
Lithium Americas Closes On $625 Million Investment From General Motors
Lithium Americas (TSX: LAC) has closed on the previously announced joint venture arrangement with General Motors (NYSE: GM). The arrangement has seen the automaker acquire a 38% stake in the Thacker Pass project, which is found in Nevada. The joint venture sees Lithium Americas retain a 62% interest in the project, while receiving $625 million […]