Trump: Land Strikes In Venezuela Coming Soon
President Donald Trump insinuated land strikes in Venezuela could come “soon,” escalating a campaign that already includes CIA covert authority and a major naval deployment in the southern Caribbean. Trump has already publicly confirmed he had authorized the CIA to conduct covert operations inside Venezuela. The authorization is described as enabling lethal activity and broader […]
BC Hydro Imports Record Quarter of Province’s Power Amid Prolonged Drought
BC Hydro brought in 13,600 gigawatt hours of electricity during fiscal year 2024—approximately one-quarter of the province’s total electricity consumption—costing nearly $1.4 billion, according to regulatory filings with the BC Utilities Commission. The bulk of these imports came from the United States and Alberta, where fossil fuels generate a significant portion of electricity. The reliance […]
Trump Targets Russian Oil In First Salvo Of US Sanctions On Moscow
The US finally imposed the first sanctions of President Donald Trump’s second term on Russia, targeting Rosneft and Lukoil, Moscow’s two largest oil producers, with the Treasury giving companies until November 21 to wind down transactions. The White House framed the move as pressure for a ceasefire in its war with Ukraine, as Trump posts […]
Ottawa Spends $2B, Ontario Adds $1B To Fund Darlington SMRs
Ottawa will invest $2 billion to build four small modular reactors at Ontario Power Generation’s Darlington site in Bowmanville through the Canada Growth Fund, a move the government says will make Canada the first G7 country to bring SMR technology online. Ontario added $1 billion through the Building Ontario Fund as part of the same […]
Federal Reforms Target Random Violence and Repeat Offenses Under Bill C-14
The federal government introduced legislation Thursday aimed at tightening Canada’s bail process and increasing penalties for repeat violent offenders. Bill C-14, the Bail and Sentencing Reform Act, was presented in the House of Commons and proposes amendments to the Criminal Code, the Youth Criminal Justice Act and the National Defence Act. Under the bill, judges […]
Trump Administration Weighs Sweeping Software Export Controls on China
The Trump administration is considering export restrictions that would bar global shipments of products containing or produced with US software from being sold to China, a move that could disrupt international supply chains and force companies worldwide to choose between American technology and the Chinese market, according to Reuters. The proposed controls, still under deliberation, […]
Newmont Q3 2025: Profit Doubles, But FCF Guided To Be Hit In Q4
Newmont’s (NYSE: NEM) Q3 2025 results show revenue rising 20% year over year to $5.52 billion from $4.61 billion, as higher realized gold prices offset lower volumes. Attributable gold production was 1.42 million ounces, down 15% year over year, reflecting lower grades and planned downtime at Peñasquito and Lihir and the end of mining at […]
Aclara To Construct Heavy Rare Earths Separation Facility In Louisiana
Aclara Resources (TSX: ARA) is looking to become a domestic producer of rare earths in the United States. The company this morning announced the decision to proceed with the construction of a heavy rare earths separation facility, which will represent the first such facility in the US. The facility, which is to be located in […]
Trump Pardons Binance Founder Changpeng Zhao
President Donald Trump has issued a full and unconditional pardon to Changpeng “CZ” Zhao, founder of the cryptocurrency exchange Binance, erasing his 2023 conviction for failing to maintain anti-money-laundering controls. Zhao, a leading figure in global crypto markets, resigned as Binance’s chief executive after the company pleaded guilty to compliance failures and agreed to pay […]
Is TSMC’s Rare Earth Supply Really About To Run Out?
With the rare earth race heating up and export controls being tightened, one can wonder on how other markets that are not China nor US are doing in terms of supply. An observer posted a claim that TSMC had only 30 days of rare earth inventory left, allegedly confirmed by the firm’s chairman, Wei Zhejia. […]