Archive for the 'Economy' Category

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Ontario Raises Electricity Price by 25% for Minnesota, Michigan and New York

March 10th, 2025

Via: Bloomberg: A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’s tariffs. Ontario directed its grid operator, the Independent Electricity System Operator, to add a C$10 ($7) per megawatt-hour surcharge to all power exported to Minnesota, Michigan and New […]

“Monopoly Reinvents Its Board Game Without Paper Money”

March 7th, 2025

Via: Popular Mechanics: Earlier this week, Hasbro announced its newest version of the classic board game Monopoly but with a big change—the role of the banker is gone. In its place is Monopoly App Banking, a concept designed to speed up play and make the game more enjoyable. When it lands in stores this August […]

The Dark MAGA Gov-Corp Technate — Part 1

March 6th, 2025

While I’d suggest reading this piece—as more of a cautionary tale than a true account of what’s happening—it borders on bloviation. The Dark MAGA Gov-Corp Technate — Part 1 Here’s a brief summary from Perplexity, which I wish I’d read instead of the whole piece: Here’s a two-page summary of the article “The Dark MAGA […]

Europe: $841 Billion In Defense Spending Over Next Four Years

March 4th, 2025

Mmm hmm. Via: Defense News: The European Commission, the executive arm of the European Union, proposed a plan that could free up around €800 billion ($841 billion) in defense spending over the next four years, as the continent prepares to face Russian aggression and help Ukraine to defend itself. Commission President Ursula von der Leyen […]

U.S. IMPOSES 25% TARIFFS ON GOODS FROM MEXICO, CANADA AND 20% ON GOODS FROM CHINA

March 4th, 2025

Via: Reuters: President Donald Trump’s new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, launching new trade conflicts with the top three U.S. trading partners. The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade, went […]

TRUMP PAUSES AID TO UKRAINE

March 3rd, 2025

More appreciation? For what? For running a massive money laundering operation and using a hopeless war to camouflage the crime? Zelensky: About $100 Billion Missing, “Does Not Know Where All The Money Is”: Now that Trump is in office and the charade is over, Zelensky admits he did not receive over $100 billion of our […]

TSMC to Invest $100 Billion in U.S. Chip Manufacturing

March 3rd, 2025

Via: Bloomberg: Taiwan Semiconductor Manufacturing Co., the world’s top producer of AI chips, plans to invest an additional $100 billion in US plants that will boost its chip output on American soil and support President Donald Trump’s goal of increasing domestic manufacturing.

Armstrong: Europe Is Falling, Needs War with Russia

March 3rd, 2025

Via: USA Watchdog: It also looks like every country in Europe is backing more war in Ukraine. And now, there is renewed talk of an EU army. Armstrong says, “Why? Because they all are facing the collapse of the European Union. The debt is just unbelievable. They never consolidated. Between Covid, Climate Change and sanctions […]

Musk: Audit U.S. Aid to Ukraine

March 1st, 2025

10% for the big guy? Time to find out what really happened to the hundreds of billions of dollars sent to Ukraine … — Elon Musk (@elonmusk) February 28, 2025 Related: Zelensky: About $100 Billion Missing, “Does Not Know Where All The Money Is”

World’s Largest Money Laundering Scheme In History

February 27th, 2025

“Material support for terrorism.” Via: Fortune:

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