Hypersonics expert urges increased U.S. investment – SpaceNews
According to Mark Lewis, a former Pentagon official and polar weapons expert, the US needs to increase funding and support for the development of advanced hypersonic weapons to counter similar programs in China and Russia. He said he hopes the Trump administration will prioritize these key areas of defense technology. “I'm very bullish on hypersonics… […]
Americans increased spending tepidly last month as anxiety over the economy takes hold
WASHINGTON (AP) — US shoppers have stepped up their spending a bit in February after a sharp pullback the previous month, indicating that Americans are shopping more carefully as concerns about the direction of the economy mount. The Commerce Department said on Monday that retail sales rose just 0.2% in February and rose with a […]
U.S. Trade Deficit with EU Increased to over $215 Billion Last Year
The US trade deficit with the European Union swelled to more than $215 billion last year as US exports fell and imports from the bloc increased. This is the trend that President Donald Trump is trying to turn it around. According to data The US, issued by Eurostat, exported 333.4 euros ($363.65) of goods to […]
Al Green censure highlights increased appetite for retribution in House
The official House responsibilities did not include fallout from Rep. Al Green (D-Texas) who interrupted President Trump's speech to Congress. House Freedom Caucus is asking speaker Mike Johnson (R-La.) to win votes next week by removing Green from his committee. And Rep. Andy Ogles (R-Tenn.) was part of the “we will overcome” group during Green's […]
Trump threatens increased tariffs if Canada retaliates
President Trump on Tuesday threatened to add additional taxes to Canada if US neighbours Canada retaliated on their own after Canadian Prime Minister Justin Trudeau condemned Trump's newly implemented tariffs. “Explain to Canadian Governor Trudeau that if he places a retaliation fee on the US, our mutual tariffs will soon increase as well!” Trump said. […]
China accuses US of 'blackmail' after Trump warns of increased tariffs
Chinese officials have denounced President Trump's decision to add 10% tariffs on China's allegedly suspected imports in the international smuggling of the deadly synthetic drug fentanyl. “The fentanyl issue is an excuse that the US uses to impose tariffs, pressure and threats China, and they punish us for helping them. This will not resolve their […]
Australian Dollar extends losing streak as US Dollar holds gains amid increased risk aversion – FXStreet
The Australian dollar will be depreciated on Thursday following unfortunate private capital expenditures. Private capital expenditures in Australia, unexpectedly contracted by 0.2% QOQ in the fourth quarter of 2024, did not meet the market expectations for growth of 0.8%. The US dollar continues to strengthen as traders assess the economic performance and tariff outlook. The […]
UN nuclear agency warns Iran has dramatically increased uranium production
Jerusalem: The UN's International Atomic Energy Agency announced Wednesday that it had emphasized that Iran had produced dramatically more uranium that could be used in the six atomic bombs, and that Tehran has not made any progress in solving unresolved issues. “The significant increase and accumulation of the production and accumulation of highly enriched uranium […]
Hospitalizations, deaths from contaminated food increased in 2024, says study
In 2024, more Americans were sick with contaminated food than the previous year, with more than doubled the number of people hospitalized or killed, a new study found. An analysis published this month by the Colorado-based US Public Interest Research Group (PIRG) Education Fund shows that hospitalizations and deaths from contaminated foods have increased last […]
Hochul quiet on increased penalties for mask-donning criminals as pols make another push
The New York State Legislature is set to consider a bill that would stiffen penalties for creepy mask-wearers, after a spate of anti-Semitic incidents in New York City last year led Governor Kathy Hochul to appear to have abandoned an effort she had championed. Despite lip service to reinstating the pre-COVID-19 ban after masked anti-Semitic […]