FINANCE
In the latest chapter of ongoing tensions between TikTok and the U.S. government, the wildly popular social media platform has filed a lawsuit against the latter. The legal action comes in response to a new law mandating the app's divestment from its Chinese parent company, ByteDance, or face an outright
US Mint Backtracks on ‘Global Silver Shortage’ Claims, Stoking Supply Fears
On May 27 the United States Mint sent an email to customers that greatly alarmed silver bulls and proponents...
Growing ‘Lying Flat’ Movement Threatens to Derail China’s Ambitions
A growing sentiment in mainland China known as “lying flat” is threatening Beijing’s political and economic...
Enbridge Defies Michigan Order, Line 5 Pipeline Dispute Continues Despite Passed Deadline
A deadline to suspend operations of Enbridge's Line 5 pipeline, imposed by Michigan Governor Gretchen...
China Pursues Subnational State Deals to Circumvent the US Federal Government
Chinese state-run Global Times recently published an article that hailed American state governments and...
Jeep Wrestles With Global Semiconductor Shortage; 1,600 Additional Layoffs at Illinois Plant
The worldwide semiconductor shortage has hit Jeep Cherokee’s U.S. manufacturing arm hard, forcing the...
Biden Will ‘Change Course’ on Infrastructure Plan If GOP Does Not Support: White House Advisor
White House advisor Cedric Richmond recently stated that President Joe Biden might consider other options...
China’s New Law Against Food Waste
A food waste regulation, first proposed by China’s National People’s Congress (NPC) in December, was...
Belgium Alibaba Airport Hub a Weak Link in Homeland Security Because of Communist Party Connection
Chinese spies may have free access to critical information in Belgium after the government allowed foreign...
Pandemic-Induced Inflation Spurs Misery and Hardship: Bloomberg Report
Bloomberg’s new report, “The Grocery Price Shock Is Coming to a Store Near You” issues a grim warning...