Why TikTok Will Likely Be Banned — And Not Sold — In The US
The United States is giving ByteDance, the Chinese owner of TikTok, a stark choice — divest the popular video app within 270 days or face an outright ban in the US. The measure, which President Joe Biden signed into law on Tuesday, escalates the pressure on TikTok over fears that user data could be exploited […]
Poland Also Wants Canadian LNG Exports, But Trudeau Won’t Budge
In a recent interview with CTV’s Question Period host Vassy Kapelos, Polish President Andrzej Duda expressed his country’s interest in purchasing Canadian liquefied natural gas (LNG) if it becomes available. Duda’s remarks come amidst ongoing efforts by Western nations to reduce their reliance on Russian energy sources following the invasion of Ukraine. “If Canada is […]
Small Business Rent Delinquency Hits Three-Year High
The delinquency rate for US small businesses failing to pay full rent climbed to 43% in April, the highest level since March 2021, according to a new report from Alignable. The online networking platform’s monthly Small Business Rent survey highlights the significant economic challenges facing entrepreneurs. The April rate reflects a sharp 4 percentage point […]
Mortgage Defaults Accelerating, Toronto Sees Spike in Bank/Power of Sales
Mortgage defaults are accelerating within the Toronto housing market according to data tracked by broker John Flynn on X. The Toronto Regional Real Estate Board (TRREB) reported over 200 active or conditional listings for power of sale or bank-owned properties, blowing past that milestone for the first time, while the Information Technology Systems Ontario (ITSO) recorded […]
Max Keiser Warns of Impending Crisis as Japanese Yen Hits 34-Year Low Against Dollar
Financial commentator Max Keiser has raised concerns about the potential fallout from the Japanese yen’s recent plunge to its lowest level against the dollar in 34 years. The yen breached the significant milestone of 160 per dollar on Monday, marking a concerning trend that hasn’t been witnessed since 1990. The depreciation of the yen comes […]
Century Lithium Reports After-Tax NPV(8%) Of $3.0 Billion For Clayton Valley Project
Century Lithium (TSXV: LCE) is reporting an after-tax net present value (8%) of $3.0 billion for its Clayton Valley Lithium Project in Nevada, along with an IRR of 17.1%. The figure is based on a feasibility study conducted by the company. The estimate is based on a 40 year mine life for the project, which […]
Nuclear Fuels Resumes 200 Hole Drill Program At Kaycee Project
Nuclear Fuels (CSE: NF) has mobilized its exploration team for the second phase of a massive 200 hole drill program at its flagship Kaycee Project in Wyoming. The program, which saw the first phase conducted in 2023, is to consist of a total of 200 drill holes across the property. To date 89 holes have […]
Republic First Bancorp Seized, Sold to Fulton Bank in Latest Banking Failure
Pennsylvania banking regulators seized the troubled lender Republic First Bancorp on Friday, marking the first regional banking failure since last year’s crisis. The Federal Deposit Insurance Corporation (FDIC) stepped in as receiver, announcing an agreement for Fulton Bank to assume Republic First’s deposits and purchase substantially all of its assets. The move comes after Republic […]
Trudeau’s Canada: Youth Rank 50 Spots Lower Than Seniors In Happiness Index
The recently released World Happiness Index for the years 2021-2023 has shed light on significant disparities in the well-being of Canadians, particularly highlighting generational divides and regional trends. The index, which ranks countries based on self-assessed life evaluations, has sparked concerns over the happiness of young Canadians, with implications for policy and societal well-being. According […]
VinFast Going Not So Fast: Report Shows Delay In North Carolina Factory Construction
Vietnamese automaker VinFast (Nasdaq: VFS) finds itself facing mounting challenges as it struggles to materialize its ambitious plans amid burgeoning investments in the electric vehicle sector. Amidst concerns about its global expansion strategy and internal operations, the company’s much-anticipated North Carolina factory project has hit significant roadblocks, casting doubt on its ability to deliver on […]