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Singh Resigns as NDP Loses Widely

NDP Leader Jagmeet Singh conceded defeat in Burnaby Central and announced his resignation as party leader. Singh, who lost his newly assigned riding to Liberal candidate Wade Chang, acknowledged his party’s disastrous performance in a brief and somber concession speech. “I’ll be stepping down as party leader as soon as an interim leader can be […]

North Korea Finally Admits Sending Military Personnel To Fight With Russia In Ukraine War

North Korea has formally acknowledged that it has dispatched military personnel to support Russian operations in Ukraine, the first time either nation has confirmed the long-suspected deployment. Pyongyang’s announcement came through state media, which indicated leader Kim Jong Un authorized the military action as part of defense commitments established in a bilateral agreement with Russian […]

’60 Minutes’ Anchor Rebukes Parent Company as Trump Lawsuit Pressures CBS

In a rare and direct rebuke, 60 Minutes correspondent Scott Pelley on Sunday night publicly criticized CBS News’ parent company, Paramount Global (NASDAQ: PARA), over mounting corporate interference, following the abrupt resignation of the program’s executive producer, Bill Owens. “It was hard on him and hard on us,” Pelley said during the program’s closing moments, crediting Owens […]

‘No Flag, Nobody There’: Philippines Refutes China’s Sandy Cay Control Claims

The Philippine Navy has dismissed China’s claim that it has “implemented maritime control and exercised sovereign jurisdiction” over Sandy Cay, a tiny sandbank in the disputed South China Sea just 3 kilometers from a key Philippine military outpost. “We have to view this from a geopolitical perspective,” explained Rear Admiral Roy Vincent Trinidad, the Navy’s […]

US Faces Tariff-Induced Shipping Shock, May Take Up To 9 Months To Recover

Trade flows between China and the US are collapsing at an alarming pace, as container ship departures and cargo tonnage plunge to levels reminiscent of the pandemic era. According to the latest shipping data, the number of container ships departing China for the US has sharply declined, with both used and total vessel capacity plummeting […]

Krugman: Trump’s Tariff “Fantasy” Is Collapsing

Nobel Prize-winning economist Paul Krugman has issued a sharp warning that President Donald Trump’s tariff policies are colliding with economic and political realities, with no major trade deals materializing despite grandiose claims. In an article post to Substack, Krugman criticized Trump’s persistent narrative that tariffs will coerce countries into better terms, calling it “a fantasy […]

“Sharpest Decline In Earnings Outlook Since 2020” Signals Recession Ahead — Report

The US economy is hurtling toward a stagflationary recession, according to a report by Apollo Global Management. In an analysis led by Chief Economist Torsten Slok, Apollo outlines how the imposition of tariffs has already set off a synchronized collapse across corporate earnings, consumer sentiment, capital investment, labor markets, trade flows, and credit quality. At […]

Albertsons Tells Suppliers to Swallow Tariff Costs

Albertsons (NYSE: ACI) is adopting a combative stance against tariff-driven price hikes, warning suppliers that it “will not accept cost increases,” according to a letter sent by its head of merchandising. The grocery giant, which operates over 2,200 stores across the US, outlined a strict approval process for any supplier seeking to adjust prices due […]

It’s Gonna Be Huge: Shein, Temu Roll Out Big US Price Hikes as Trump Tariffs Bite

Kitchen towels went up by 377% overnight.

India Reports Fourth Night of Cross-Border Fire with Pakistan in Kashmir

Indian and Pakistani troops have exchanged gunfire for a fourth consecutive night along the disputed Kashmir border, India’s military said on Monday, as tensions escalate following a deadly terrorist attack last week. “Pakistan Army posts initiated unprovoked small arms fire across the Line of Control,” the Indian army said in a statement, referring to the […]