Why are antimony prices exploding
This content was original published by The Oregon Group. A supply shortage has triggered the steepest rally in price “ever recorded” in the global antimony market since April, according to FastMarkets who began recording prices from January 1980. In May, prices reached US$17,588.88 per metric ton of antimony ingot, up 54% in 2024, according to the Shanghai Metals Exchange; prices […]
New Survey Shows One-Quarter of Advertisers Plan to Cut Spending on X
A significant portion of advertisers are planning to pull their spending from the social media platform X in the coming year, according to a new survey from global research group Kantar. The survey found that approximately one-quarter of advertisers expect to cut back their spending on the platform in 2024, marking the largest recorded decline […]
Why Goldman Sachs Says Gold is the Best Investment Right Now
Goldman Sachs is advising investors to focus on gold as the best short-term investment opportunity, as part of the bank’s latest commodities research note, where they emphasize the precious metal’s unique position as a hedge against financial instability and geopolitical risks. The report, titled “Go for Gold,” reflects the bank’s strategic pivot towards gold amidst […]
Blaze Media Fires Lauren Chen Amid Alleged Link to Russian Influence Campaign
Right-wing YouTuber Lauren Chen has been implicated in a Russian-backed influence operation aimed at swaying the 2024 US presidential election. Chen, along with her husband Liam Donovan, are identified as the founders of Tenet Media, a company at the center of a multimillion-dollar scheme to spread misinformation and sow political discord. The US Justice Department […]
Taiwan’s President Challenges China’s Territorial Claims: Why Not Reclaim Land from Russia?
President Lai Ching-te of Taiwan, in a recent interview with local media, challenged China’s assertions of territorial integrity regarding Taiwan, suggesting that if such claims were genuine, China should also seek to reclaim lands ceded to Russia in the 19th century. Lai referenced the 1858 Treaty of Aigun, which transferred a vast area of China’s […]
Tesla Investor’s Exit Sparks Debate, Others Follow Suit
Fred Lambert, the longtime editor of Electrek and an early Tesla (NASDAQ: TSLA) advocate, has fully divested from Tesla. After more than a decade of investing in the company, Lambert expressed his deep concerns over Tesla’s shifting priorities and leadership under CEO Elon Musk. His exit from Tesla stock has resonated with many others who have since […]
Russia Dramatically Increases Gold Purchases As Oil and Gas Revenue Surges
The Russian Finance Ministry has announced a substantial increase in its gold purchases starting September 6, 2024. This decision comes as the country experiences a surge in oil and gas revenue, highlighting Russia’s ongoing efforts to diversify its financial reserves and reduce its dependence on the US dollar. According to recent reports from Russian news […]
Legal Battle Intensifies as Ex-RBC CFO Defends Against Misconduct Claims
Nadine Ahn, the former chief financial officer of the Royal Bank of Canada (TSX: RY), has filed a reply and defense to the bank’s counterclaim, furthering her challenge against her termination. Ahn maintains that her relationship with colleague Ken Mason was purely platonic, countering RBC’s allegations of an undisclosed close personal relationship that led to […]
Battle for the Nile: Ethiopia’s Dam Sparks Fear of World’s First Water War
The Horn of Africa is witnessing a dramatic escalation in military posturing as Ethiopia initiates a large-scale military buildup near its border with Somalia. This move follows Egypt’s signing of a controversial military agreement with Somalia, which could see 10,000 Egyptian troops deployed in the country. The increasingly tense situation not only highlights deep regional […]
Donald Trump Wants Elon Musk To Spearhead Cutting “Trillions” in Government Spending
Former U.S. President Donald Trump unveiled a significant proposal during a speech on Thursday at the Economic Club of New York, pledging to create a government efficiency commission if re-elected in November. The proposed commission, which Tesla and X CEO Elon Musk has reportedly agreed to lead, would focus on conducting a full audit of […]