Brazil Says BRICS To Pause Unified Currency Push
Brazil announces that it decided not to press forward with a common BRICS currency this year, marking a different path during the country’s leadership in the bloc for 2025. Rather than unveiling a new shared currency, the Brazilian government is focused on strengthening cross-border payment systems and exploring technologies designed to lower transaction costs. These […]
Trump Pledges Ukraine Aid “As Long As We Have To” After DefSec Signals Pull Out From Europe
The US has signaled its intention to step back from its long-held role as Europe’s principal security guarantor after Defense Secretary Pete Hegseth explained that Washington no longer considers it sustainable to shoulder the bulk of Europe’s defense responsibilities, particularly with regard to the ongoing war in Ukraine. “We want, like you, a sovereign and […]
Reddit Sees Q4 2024 Revenue Jump 71%, But Shares Crash On Tepid Guidance
Reddit (NYSE: RDDT) posted gains in revenue and margins for both the fourth quarter and full year 2024, yet its share price tumbled sharply following the release of results. In Q4, total revenue reached $427.7 million, up 71% from $249.8 million in the same period last year. Advertising remained the dominant driver at $394.5 million, […]
First Quantum Says Hearing On Cobre Panama Postponed To February 2026
First Quantum Minerals (TSX: FM) announced that the final hearing under the International Chamber of Commerce proceedings regarding its Cobre Panama copper mine has been postponed from September of this year to February 2026. The extension was granted after the Panamanian government requested more time to prepare its arguments, citing the need for newly appointed […]
i-80 Gold Revised PEA Outlines $271 Million NPV For Cove Project
i-80 Gold (TSX: IAU) has updated a preliminary economic assessment for its Cove Project, found in Northern Nevada. The updated assessment follows a remodeling of the deposit using more confined mining geometry, advancement of the hydrology model, as well as updated costing and metals pricing. The revised model outlines a net present value of $271 […]
New Gold Guides To 345,000 Ounce Production Midpoint In 2025
New Gold (TSX: NGD) has extended the life of mine of both the New Afton and Rainy River mines. The announcement was made in line with the release of its three year operational outlook last night after the close of markets. At New Afton, the reserve mine life has been extended to 2031, with annual […]
Kinross Gold Reports $1.42B Sales, $275.6M Net Earnings In Q4 2024
Kinross Gold (TSX: K) has announced its fourth-quarter and full-year 2024 results, with quarterly metal sales rising to $1.42 billion from $1.12 billion in the same period of 2023, reflecting higher realized gold prices of $2,663 per ounce compared with $1,974 a year earlier. This lift drove fourth-quarter operating earnings to $501.1 million, more than […]
Canada Vows to Fight US Metal Tariffs
US President Donald Trump plans to impose a 25% tariff on steel and aluminum imports from Canada starting March 12, prompting warnings of retaliation from its northern neighbor and largest metal supplier. Outgoing Prime Minister Justin Trudeau pledged to work with American officials and international allies to address what he termed “unacceptable tariffs,” warning of […]
US House Bill Introduced: Color Greenland “Red, White, and Blueland”
In a move that has sparked diplomatic head-scratching, Republican Rep. Buddy Carter introduced legislation that would authorize President Donald Trump to acquire Greenland from Denmark and rebrand the Arctic territory as “Red, White, and Blueland.” Titled the “Red, White, and Blueland Act of 2025” (H.R. 1161), the bill empowers the White House “to enter into […]
Study Examines Vision Loss Reports in Patients Taking GLP-1 Drugs
A new JAMA study is investigating ophthalmic complications in patients using semaglutide and tirzepatide, the active ingredients in drugs like Ozempic and Mounjaro, as concerns about potential vision risks emerge. The study documented vision problems in nine patients using GLP-1 receptor agonists. Seven developed nonarteritic anterior ischemic optic neuropathy (NAION), one experienced papillitis, and another […]