Canada’s April Jobs Numbers Are Driven By The Public Sector And Part Time Employment
On Friday, the latest Labour Force Survey was released by Statistics Canada, indicating that employment had increased across the country by 90,000 in the month of April. The results were much higher than forecasted by analysts, whom had anticipated just 18,000 jobs to be added during the month. The unemployment rate meanwhile remained flat at […]
Iraq Rejects Further OPEC+ Oil Production Cuts
In a statement that could potentially disrupt balance within the OPEC+ alliance, Iraq’s Oil Minister Hayan Abdul Ghani has declared that the country will not agree to any additional oil production cuts at the upcoming OPEC+ meeting scheduled for June 1. Speaking on the sidelines of an oil and gas licensing conference in Baghdad, Abdul […]
Red Pine Exploration Discovers Manipulated Assay Results, Estimates Losses In Mineral Resource Estimates
Red Pine Exploration (TSXV: RPX), in continuation of its recent press releases, provided an update on its ongoing investigations into reporting inconsistencies regarding certain assay results from the Wawa gold project. The company has uncovered evidence suggesting that unauthorized manipulation of assay results occurred, particularly between spring 2015 and January 30, 2024. These manipulations were […]
Is There Still “Mutual Respect” If China Allegedly Hacked The UK Ministry of Defence?
A massive hacking attack on the British military, suspected to be orchestrated by China, has affected approximately 270,000 serving personnel, as well as reservists and veterans across all three services. The breach, which has been ongoing for around three weeks, was discovered last week after investigators detected a pattern of unusual activity. The breach notably […]
Canada’s Secret Is Out: Growth Is Dead
Canada, once praised for its economic resilience during the 2008 global financial crisis, has now become a cautionary tale because of its struggle to adapt to a rapidly changing global landscape. A recent article by Rockefeller International chair Ruchir Sharma in the Financial Times notes that the country has experienced the worst per capita GDP […]
Canadian Immigration Has Failed to Bring In People Canada Actually Needs
A recent CBC News analysis of federal data from Immigration, Refugees and Citizenship Canada (IRCC) has revealed that Canada’s recruitment of international students has heavily favored business programs over sectors with significant labor shortages, such as healthcare and skilled trades. Data from 2018 to 2023 shows that 27% of all study permits were granted for […]
BP’s Electric Vehicle Charging Unit Seeks Expansion in US Following Tesla Layoffs
BP Plc‘s (LON: BP) electric vehicle charging arm, BP Pulse Americas, is looking to pick up the slack in the US after Tesla (Nasdaq: TSLA) laid off its entire Supercharger team. The company has pledged $1 billion to expand its charging network, with plans to install over 3,000 charging points by 2030. Sujay Sharma, CEO […]
US Braces for Russian Uranium Imports Ban
The United States is set to ban imports of Russian uranium, a move that will help increase domestic uranium fuel processing capacity, according to an outgoing top nuclear energy official in Washington cited by Reuters. The Senate passed the legislation last Tuesday as part of ongoing efforts to curb revenues for Russia’s war on Ukraine. […]
Gold Prices Keep Soaring as China Keeps Buying
In recent months, gold has emerged as a sought-after asset for both individuals and central banks, particularly in China, as they seek to hedge against economic uncertainties and the strong US dollar. The People’s Bank of China has been adding to its gold reserves for 18 consecutive months, with the latest addition of 60,000 troy […]
DEA Reports Fentanyl As “Nation’s Greatest Drug Threat”, THC Potency At All-Time High
DEA Administrator Anne Milgram unveiled the 2024 National Drug Threat Assessment (NDTA), a comprehensive strategic analysis shedding light on illicit drug threats and trafficking trends jeopardizing the United States. The agency highlighted in the assessment its top priority of curtailing the influx of lethal drugs into the country and dismantling the two cartels chiefly responsible […]