Tin Futures Surge to 15-Month High
London tin prices soared past the $30,000-mark for the first time in 15 months, continuing the rally seen early this year and echoing the climb seen across other base metals. The surge comes amid growing optimism regarding heightened global demand and a landscape of uncertain supply. The benchmark three-month tin on the London Metal Exchange […]
Diddy’s Empower Global Hemorrhages Brands Amid Scandal
At least 18 brands have cut ties with the e-commerce platform Empower Global amid the growing controversy surrounding its owner Sean “Diddy” Combs. The platform, which promotes Black-owned businesses, has suffered a significant setback as notable partners such as Tsuri, Nuudii System, No One Clothiers, Fulaba, and House of Takura have departed. Annette Njau of […]
Conservatives Gain Largest Lead Against Liberals in New Poll
The Conservative Party has surged ahead of the Liberals, opening up a substantial 20-point lead in the latest national poll by Abacus Data. The survey, conducted with 2,000 Canadian adults from April 3 to 9, 2024, shows the Conservatives commanding 44% of the decided vote, compared to just 24% for the Liberals. This represents the […]
Liberals To Enable 30-Year Amortization Period On CMHC Insured Mortgages
Canada’s Liberal government has decided that the easiest way to make housing more affordable for Canadians is to extend permitted amortization periods. Finance Minister Chrystia Freeland announced in Toronto today that the new changes, which are to take effect as of August 1, 2024, will enable first time homebuyers to take out insured mortgages with […]
British Columbia Gets Hammered By Ratings Downgrade, Third In Three Years
British Columbia faces its third credit rating downgrade in three years as S&P Global Ratings recently lowered its rating to AA- with a negative outlook. This action follows the provincial government’s decision to escalate borrowing. S&P Global warned of a potential further downgrade within the next two years if British Columbia persists in its current […]
New Stablecoin Legislation Expected To Be Paired With SAFE Banking Act
Democratic Senator Kirsten Gillibrand has announced plans to introduce new stablecoin legislation, expected to be unveiled later this week or the next, during the Bitcoin Policy Summit at the National Press Club. Gillibrand, alongside Republican Senator Cynthia Lummis, emphasized the importance of this legislation in unlocking the potential of cryptocurrencies while ensuring safety and soundness […]
ATHA Energy To Drill 8,000 Metres At Gemini Under Three Phase Program
Just hours after announcing the successful closing of the acquisition of 92 Energy, ATHA Energy (TSXV: SASK) has released its exploration plans for the Gemini project.
Canada Nickel Begins Front End Engineering Design At Crawford
Canada Nickel Company (TSXV: CNC) is continuing to push ahead with the development of its flagship Crawford Nickel Sulphide project in the Timmins region of Ontario. The company indicated this morning that it has begun front end engineering design for the project. The front end engineer design program will see the company focus on designing […]
Elon Musk Admits to Having Secret Twitter Accounts During Deposition — One Role-Played as His Toddler Son
Elon Musk has confirmed that he maintained two secret accounts on his social media platform X, including one that appears to be used to roleplay as his young son. This admission came during a heated deposition as part of a libel lawsuit against Musk. The revelation came as part of the deposition, obtained and made […]
Russia Asks Kazakhstan to Prepare 100,000 Tons of Gasoline Amid Refinery Woes
Moscow has requested that Kazakhstan stand ready to provide up to 100,000 tons of gasoline to Russia in the event of shortages, according to a Reuters report which cited industry sources. The sources say a deal has already been reached for Russia to access Kazakhstan’s reserves. The reported request comes as drone attacks have put […]