Archives

Devin Nunes Exits Trump Media After Four Years as Losses Top $1 Billion

Devin Nunes stepped down as chief executive of Trump Media & Technology Group (Nasdaq: DJT) on Wednesday, ending a four-year run marked by razor-thin revenues, a stock in freefall, and a company that quietly transformed from a social media platform into a cryptocurrency treasury. Kevin McGurn, who previously held senior roles at Hulu and Vevo, […]

Data Contradicts Trump as 34 Iran-Linked Tankers Slip Through US Blockade

At least 34 tankers linked to Iran slipped past the US naval blockade of Iranian ports since it took effect April 13, cargo tracking firm Vortexa found — directly contradicting President Donald Trump’s claim that the barricade has been a “tremendous success.” The Financial Times first reported the Vortexa data on April 22. Since publication, […]

Investors Pull $284B From US Stocks as Global Rotation Deepens Into Q2

Global fund managers are accelerating their retreat from US equities, with long-only funds offloading a net $284 billion in US stocks over the past 12 months as capital flows toward Europe, Japan, and emerging markets, Bank of America (NYSE: BAC) said in a research note published on Wednesday. In March alone, funds sold $15.4 billion […]

China’s Sulphuric Acid Cutoff Threatens 1.1 Million Tons of Chilean Copper Annually

Chile’s copper industry, the world’s largest, faces a severe threat as China halted sulphuric acid exports to the South American nation in March, with a potential ban looming from May. This chemical, vital for producing over half of Chile’s refined copper, underpins 1.1 million tons of annual leached copper output—more than 50% of its 2 […]

Inspired By Iran, Indonesia Eyes Tolls on Malacca Strait

Singapore and Indonesia have staked out opposing positions on the potential imposition of tolls in the Malacca Strait, a vital artery for global trade and energy shipments, as geopolitical tensions over maritime routes intensify. Singapore’s Foreign Minister Vivian Balakrishnan declared on April 22, that passage through the strait must remain free, rejecting any moves to […]

Kalshi Bans Three Candidates Over Self-Bets in 2026 Midterm Primaries

Prediction market platform Kalshi has suspended and fined three congressional candidates—Mark Moran of Virginia, Matt Klein of Minnesota, and Ezekiel Enriquez of Texas—for engaging in what it calls ‘political insider trading’ by betting on their own campaigns ahead of the 2026 midterm primaries. The enforcement action, announced on Wednesday, marks the most aggressive move yet […]

Air Canada Reportedly In Near-Miss Just Weeks After Fatal New York Crash

It seems Air Canada and New York airports are not a good combination. The FAA said Republic Airways Flight 4464, operating for American Airlines, performed a go-around at John F. Kennedy International Airport after missing its intended approach path and flying too close to Jazz Aviation Flight 554, which was operating for Air Canada and […]

Alberta Targets Three BC Routes for Million-Barrel Oil Pipeline to Asia

Alberta is evaluating three potential routes through northern British Columbia for a new oil pipeline that could transport 1 million barrels per day to Asian markets, a move aimed at reducing Canada’s heavy reliance on US energy exports. The proposed pipeline, still in early planning stages, targets coastal endpoints including Prince Rupert and two other […]

Lutnick Vs. Canada: Senate Grills Commerce Secretary Over Fallout With Ottawa

Sen. Jeanne Shaheen used a Senate Appropriations subcommittee hearing to argue that the Trump administration’s rhetoric toward Canada is directly hurting New Hampshire businesses, pressing Commerce Secretary Howard Lutnick on falling Canadian tourism and the economic cost of turning a top trading partner into a political target. “How does insulting our closest ally and neighbor […]

B.C. Minister Slams Northern Pipeline Route as Unfeasible in Alberta-Ottawa Energy Pact

B.C. Energy Minister Adrian Dix has dismissed a proposed northern route for an oil pipeline from Alberta to the B.C. coast as ‘not realistic,’ casting doubt on a key element of a recent memorandum of understanding signed between Alberta and Ottawa in November 2025. Dix’s rejection hinges on a decade-old oil tanker ban along B.C.’s […]