Trump’s Sweeping 25% Tariff on Canada, Mexico Threatens Economic War
In a move surprising no one yet has the potential to rock North American economics, U.S. President-elect Donald Trump announced sweeping tariffs on Canada, Mexico, and China, signaling an aggressive economic policy aimed at curbing illegal immigration and drug trafficking. The plan includes a 25% tariff on all goods from Canada and Mexico and an […]
US Expands Russia Sanctions, Finally Targeting Gazprombank and Banking Network
The United States has imposed sweeping sanctions on Russia’s financial sector, targeting Gazprombank and more than 100 other institutions in its latest effort to restrict Moscow’s ability to fund its war in Ukraine. The Treasury Department’s Office of Foreign Assets Control designated Gazprombank, which Russia uses to purchase military equipment and pay combat bonuses to […]
US Regulators Clear Kairos Power’s Tennessee Reactor Project
Nuclear power startup Kairos Power has secured US regulatory approval to construct two test reactors in Oak Ridge, Tennessee, marking a crucial step toward fulfilling its recent agreement to power Google‘s (Nasdaq: GOOGL) data centers with 500 megawatts of electricity. The Nuclear Regulatory Commission’s decision follows Kairos’ October deal with Google. The test facility, which […]
Japan’s Shikoku Bank: Controversial Seppuku Pledge May Have Just Been Historical
Recent online discussions surrounding Japan’s Shikoku Bank have thrust the institution into the spotlight, with many questioning whether the bank enforces an extreme ethical pledge as part of its current corporate policy. The pledge in question, which reportedly required employees guilty of fraud or misconduct to pay restitution with personal property and commit seppuku (ritual […]
Liberal Support Among Millennials Hits Record Low
Canada’s Conservative Party maintains a commanding 22-point lead over its rivals in the latest polling, while the ruling Liberals have dropped to a tie for second place, according to the most recent Abacus Data survey. The poll, conducted Nov. 14-19, shows Conservative support at 43% among committed voters, with both Prime Minister Justin Trudeau’s Liberals […]
Former Canada PM Harper Named Chair of Alberta’s $169 Billion Fund
Former Canadian Prime Minister Stephen Harper will lead Alberta’s public pension fund manager as its new chairman — sparking debate about the fund’s independence from provincial government influence. The Alberta Investment Management Corp (AIMCo), which oversees $169 billion in assets including the province’s $23.4-billion Heritage Savings Trust Fund, announced the appointment following a November 7 […]
Scandal Deepens as Quebec Pension Executives Tied To Gautam Adani’s Bribery Scandal
A far-reaching corruption scandal has emerged as U.S. authorities indict three former executives of Quebec’s pension fund manager, Caisse de dépôt et placement du Québec (CDPQ), for allegedly conspiring to bribe Indian government officials. The charges, which include violations of the Foreign Corrupt Practices Act and obstruction of justice, reveal a tangled web of financial […]
Russia Cuts Off U.S. Uranium Supply, Sends Fuel To Allies Instead
Russia has enacted a ban on enriched uranium exports to the United States, redirecting supplies to nations it deems “friendly.” The ban, formalized through a decree signed on November 14, aligns with a broader policy of retaliation against Western sanctions imposed after Russia’s invasion of Ukraine. Analysts warn that this shift could strain the U.S. […]
Canadian Regulators Advance Denison Mines’ Wheeler River Uranium Project
The Canadian Nuclear Safety Commission, or CNSC, announced on November 20, 2024, the completion of its technical review of Denison Mines Corp.’s (TSX: DML) responses to outstanding information requests for the proposed Wheeler River Uranium Project in northern Saskatchewan. The CNSC confirmed that all information requests are now deemed accepted, marking a significant milestone in […]
Newmont Sells Eleonore Mine To Private UK-Based Firm For $795 Million
Newmont Corp (TSX: NGT) has entered into an arrangement to sell off another gold asset as it continues to drop assets following its purchase of Newcrest Mining last year. The latest asset to be disposed of is the Eleonore operation in Northern Quebec. The asset, which last quarter produced 54,000 ounces of gold at an […]