Tehran’s crackdown on protesters and minority groups has intensified as the regime faces mounting pressure both domestically and internationally. Iranian President Masoud Pezeshkian stated on Saturday that his country would not yield to pressure from global powers during ongoing nuclear talks with the United States. “World powers are trying to force us into submission… but…
The Supreme Court of the United States has ruled 6-3 that the International Emergency Economic Powers Act (IEEPA) does not give the president the power to impose tariffs. The case focused on tariffs introduced under President Donald Trump, according to Reuters. What is IIEPA? Supreme Court limits Presidential power on tariffs (AP) What is IEEPA?…
(Bloomberg) — Treasuries extended losses after Chinese regulators were said to have advised the nation’s financial institutions to rein in their holdings of US government bonds due to concerns over market volatility. Yields on 10-year Treasuries climbed as much as four basis points to 4.25% before paring the increase to two basis points. The rate…
(Bloomberg) — Treasury Secretary Scott Bessent cited Chinese traders as a reason behind last week’s wild swings in the gold market. “The gold move thing — things have gotten a little unruly in China,” Bessent said on Fox News. “They’re having to tighten margin requirements. So gold looks to me kind of like a classical,…
President Donald Trump appeared to imply that the Justice Department or the FBI might be revealing “some things” regarding the case of Nancy Guthrie’s disappearance. Trump suggested that the DOJ or FBI may soon disclose information about Nancy Guthrie’s disappearance, claiming strong clues have emerged (savannahguthrie/Instagram) Speaking to reporters aboard Air Force One, Trump stated,…
India-US trade deal sealed: In a big breakthrough, India and the US have announced a trade deal, after US President Donald Trump and Prime Minister Narendra Modi spoke on phone. With the trade deal, India has secured an 18% reciprocal tariff rate for its goods exported to the US. Trump has said that the tariff…
(Bloomberg) — Copper surged by the most in more than 16 years as metals extended a dramatic start to the year fueled by a wave of intense speculative trading in China. Chinese investors are piling into metals as they ride a powerful wave of momentum that has lifted everything from tin to silver to record…
One cause for these storms is warming weather in the Arctic, which pushes the “polar vortex” of cold air further south. Un-fun fact: A recent study found that the Arctic region has actually been heating up four times faster than the rest of the globe since 1979. Yikes! Anadolu / Getty Images Related: “I Couldn’t…
Canadian Prime Minister Mark Carney gave a searing speech on Tuesday in Davos, Switzerland, about “the rupture in the world order” and Canada’s role in whatever comes next. A few days earlier, he signaled Canada’s path with the announcement of a trade agreement with China, which included reducing Canada’s tariff on Chinese-made electric vehicles from…
Melania Trump unveiled the White House Christmas decorations on Monday. The theme of the decorations was “Home Is Where The Heart Is.” The layout of the decor differed from past years since the East Wing was demolished in October. It’s beginning to look a lot like Christmas at 1600 Pennsylvania Avenue. On Monday, first lady…