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Economy & Finance

Bessent Keeps Running Tally Of China As “Unreliable Global Partner” – Count Now Stands At Three

Bessent Keeps Running Tally Of China As “Unreliable Global Partner” – Count Now Stands At Three Treasury Secretary Scott Bessent told reporters Tuesday that Beijing’s panic hoarding of crude and refined products, while refusing to join the rest of the world in releasing supplies to offset the Gulf energy shock, has now demonstrated for the […]

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Business Financial Distress Nears COVID Levels As Sole Trader Numbers Rise

Business Financial Distress Nears COVID Levels As Sole Trader Numbers Rise Authored by Rex Widerstrom via The Epoch Times (emphasis ours), The volume of businesses struggling to pay their debts in Australia is on track to exceed the heights set during the COVID-19 pandemic, according to two reports on the nation’s economic health. Australian dollar

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Major Israeli PAC Flips: Tel Aviv Should Pay Out-Of-Pocket If It Wants US Weapons

Major Israeli PAC Flips: Tel Aviv Should Pay Out-Of-Pocket If It Wants US Weapons via Middle East Eye The pro-Israel advocacy group J Street is now calling for an end to “direct” US military support to Israel, per a new policy document published this week. The group had previously backed Washington’s continued provision of defensive weapons systems, such

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China’s Unitree Unveils Robot With “Human-Like Physique” That Can Outrun Most People

China’s Unitree Unveils Robot With “Human-Like Physique” That Can Outrun Most People The race for bipedal humanoid robot intelligence has certainly been in the news, with robots receiving “AI brains” that have already brought them onto factory floors and will likely become more visible in the public world in the coming years (see UBS).  But there

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Waymo Partners With Waze To Use Self-Driving Cars To Track Potholes

Waymo Partners With Waze To Use Self-Driving Cars To Track Potholes Authored by Dylan Morgan via The Epoch Times (emphasis ours), Two Alphabet-owned companies, Waymo and Waze, announced on April 9 that they will team up to detect potholes and share that information with local government agencies to help get them filled more efficiently. A

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Build It, And They Will Come? Not The Case At Baltimore’s Harbor East Luxury Tower

Build It, And They Will Come? Not The Case At Baltimore’s Harbor East Luxury Tower The Four Seasons Private Residences in Harbor East, situated in crime-ridden Baltimore City and serving as a flagship luxury development project tied to the Inner Harbor’s waterfront revitalization, was originally envisioned as an ultra-luxury tower designed to attract the rich

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Pentagon Accused Of Cover-Up After Missing Deadline On 46 Military UAP Videos

Pentagon Accused Of Cover-Up After Missing Deadline On 46 Military UAP Videos Authored by Steve Watson via Modernity.news, The Pentagon has come under fire for failing to meet a congressional deadline to release dozens of military videos showing unidentified aerial phenomena, sparking fresh claims of a bureaucratic stall on one of the most sensitive national

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Former Brazilian Intelligence Chief Detained By ICE In Florida

Former Brazilian Intelligence Chief Detained By ICE In Florida Authored by Charis Summers via The Epoch Times, Alexandre Ramagem, a former chief of the Brazilian intelligence agency and a close ally of former President Jair Bolsonaro, has been detained by Immigration and Customs Enforcement (ICE) officers in Orlando, Florida. Ramagem was chief of the ABIN

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IMF Warns US Treasury Market Prone To “Sudden Repricing” Due To Soaring Debt, Overreliance On Bills

IMF Warns US Treasury Market Prone To “Sudden Repricing” Due To Soaring Debt, Overreliance On Bills The International Monetary Fund warned Wednesday that the relentless US debt issuance is undermining the premium Treasuries have commanded from investors, with implications for government securities across the globe. “The increase in the US Treasury security supply is compressing

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