Ukrainian Drones Are Causing Trouble at Russia’s Oil Refineries
In a series of daring strikes, Ukraine has launched heavy drone attacks on multiple Russian oil refineries, causing fires and significant damage across the country. These attacks appear to be a strategic move aimed at disrupting Russia’s oil industry and energy production capabilities — although Russian President Vladimir Putin has attempted to downplay the strikes […]
Defense Metals Begins To Source Funding For Wicheeda Rare Earths Project
Defense Metals (TSXV: DEFN) is taking steps to secure funding for the development of its flagship Wicheeda Rare Earth Element project in British Columbia. The company as of this morning has begun a strategic funding review, appointing HCF International Advisors to lead the effort. The review is expected to assist the company in analyzing potential […]
Nexus Uranium To Earn Up To 75% Interest In Cree East Property Under $32 Million Option Agreement
CanAlaska Uranium (TSXV: CVV) has optioned out its Cree East uranium project in the Athabasca Basin. Under the terms of the arrangement, Nexus Uranium (CSE: NEXU) can earn up toa 75% stake in the project. Found 40 kilometres to the west-northwest of the Key Lake uranium mill owned and operated by Cameco, the Cree East […]
Trump Can’t Cover His $464 Million Appeal Bond, And It Appears No One Else Wants To
Former President Donald Trump is having trouble securing a bond to cover the massive $464 million judgment against him in the New York attorney general’s civil fraud case. According to his lawyers, Trump has approached 30 underwriters, but none have agreed to back the bond, which is due by the end of this month. In […]
RCMP Warns of Potential Unrest as Living Standards Decline Across Canada
The Royal Canadian Mounted Police has issued a sobering forecast that warns of potential social unrest in the coming years due to declining living standards across Canada. In a highly-redacted internal report titled “Whole-of-Government Five-Year Trends for Canada” (a copy can be accessed here), the national police force highlights how the anticipated economic recession could […]
Is Turkey’s Currency About to Collapse?
Turkey’s central bank has announced tighter regulations on credit card spending and efforts to boost demand for the local currency in a move to stabilize the struggling lira. The new measures come just weeks before crucial local elections at the end of March. According to an overnight notice in the Official Gazette, the central bank […]
NAR’s Settlement Deal Dismantles 6% Realtor Commission Structure
The National Association of Realtors (NAR) has agreed to a $418 million settlement and sweeping reforms that dismantle the longstanding 6% commission structure in home sales. This settlement resolves antitrust lawsuits brought by groups of homesellers who argued that the mandatory commission rules artificially inflated housing costs. Under the agreement, the NAR will eliminate requirements […]
Canadian Cannabis Producers Face Severe Financial Distress —Report
Canada’s legal cannabis industry is in a state of severe financial distress, nearly five years after the country legalized adult-use marijuana. This dire situation was outlined in briefing materials prepared for Canadian Finance Minister Chrystia Freeland last fall, which was obtained through an access-to-information request shared with the publication MJBizDaily. According to the briefing note, […]
Nuvei Board Forms Special Committee Amid Buyout Talks with Advent
Nuvei (TSX: NVEI), a Canadian payments technology company backed by actor Ryan Reynolds, is in advanced talks to be acquired by private equity firm Advent International, according to a source familiar with the matter as reported by Reuters. The potential deal, which could be announced soon, would make it one of the larger take-private transactions […]
Global Atomic Falls 27% Following Developments In Niger
Global Atomic (TSX: GLO) has tumbled this morning following Niger’s ruling junta revoking a military agreement that was in place with the United States. The revocation followed reports of a delegation from Washington being in-country for talks with the military leadership. The US base in Niger was previously used to monitor regional jihadist activity. The […]