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Copper Hits $10,000 in Rally Fueled by Trump’s Tariff Threats– financialpost.com

pgnewser March 20, 2025 0

Copper Hits $10,000 in Rally Fueled by Trump’s Tariff Threats– financialpost.com
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Excerpt:

(Bloomberg) — Copper marched past its key threshold of $10,000 a ton after weeks of global trade dislocation triggered by President Donald Trump’s push for tariffs on the crucial industrial metal.

Trump last month ordered the US Commerce Department to investigate US imports of copper as a likely precursor to imposing duties. Since then, US prices have spiked and traders have scrambled to send metal to America ahead of any tariffs, in turn reducing supply in the rest of the world.

Copper on the London Metal Exchange rose as much as 0.5% to $10,040 a ton on Thursday — the highest level since October — while prices on New York’s Comex neared a record high.

71.4% of all new jobs in the last 5 years went to foreigners while young Spaniards flee the country– rmx.news

pgnewser March 20, 2025 0

71.4% of all new jobs in the last 5 years went to foreigners while young Spaniards flee the country– rmx.news
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Excerpt:

Spain is following trends seen across the Western world, which involve young rudderless people increasingly shunned from the job market, especially if they are natives, and jobs increasingly going to foreigners.

The data from Spain shows the extreme trend line, where of all the jobs created between 2019 to 2024, 71.4 percent of them went to foreigners, according to a study by the Foundation for Applied Economic Studies (Fedea).

“We are importing waiters and bricklayers while exporting doctors and engineers, which is a tragedy because we have spent a fortune training them, and they represent the great talent on which the country’s growth and the concentration of high-value-added companies depend,” said Jesús Vega, former Director of Human Resources at Inditex and Banco Santander, in an interview with El Debate.

Biden Claimed He Created Jobs, But Almost ALL of Them went to Illegals– lidblog.com

pgnewser March 20, 2025 0

Biden Claimed He Created Jobs, But Almost ALL of Them went to Illegals– lidblog.com
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Excerpt:

 

Joe Biden repeatedly claimed he created millions of jobs as president, but it turns out almost all of them went to illegal aliens.

Peter Navarro, the senior counselor for trade and manufacturing for President Donald Trump, told Breitbart News that the Biden administration told a lot of lies about the economy under Biden.

Per Breitbart News:

“Both capital and labor are mobile, okay. Now think about that. So, depending on conditions, you’re in Britain, right, labor is mobile, and the next thing you know, you got the world coming in to your factories willing to undercut your wages by a significant amount,” Navarro said. “And then soon, everybody in these blue-collar English towns are speaking Polish or Czechoslovakian and whatever.”

Under former President Joe Biden, Navarro said, roughly all new job growth went to illegal aliens and legal immigrants, not American citizens.

“Immigration is fine if it benefits a country, but [not] if it totally destroys a country,” Navarro said.

Elon Musk’s DOGE leadership likely violates constitution’s appointments clause, judge says – TechCrunch

pgnewser March 19, 2025 0

Elon Musk’s DOGE leadership likely violates constitution’s appointments clause, judge says – TechCrunch
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Excerpt:

Elon Musk’s role overseeing the Department of Government Efficiency (DOGE) is likely a violation of the U.S. Constitution’s appointments clause, a federal judge wrote Tuesday.

Theodore Chuang, a judge in the U.S. District Court for the District of Maryland, wrote in an opinion there is more than enough evidence — mostly from statements made by Musk and Donald Trump — that shows the world’s richest man is really acting as the head of DOGE despite the government’s claim he is merely a “special advisor to the president.”

Chuang issued the opinion in a case brought against Musk and DOGE by unnamed workers at the United States Agency for International Development (USAID). The judge also wrote that the actions Musk has taken in that role, like shutting down USAID — which Musk said he threw into the “wood chipper” — are therefore likely unconstitutional, too.

“Musk has exerted actual authority at USAID that only a properly appointed Officer can exercise,” he wrote. (Officer of the United States is a legal distinction set out by the appointments clause.)

US strikes Houthi strongholds in Yemen where leaders are hiding, Yemeni sources say– www.investing.com

pgnewser March 19, 2025 0

US strikes Houthi strongholds in Yemen where leaders are hiding, Yemeni sources say– www.investing.com
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Excerpt:

 

The U.S. hit targets across Yemen in airstrikes overnight, including Saada province, which Yemeni sources say is a long-time hideout for Iran-aligned Houthi leaders, and the Red Sea port city of Hodeidah.

Houthi-run Al Masirah TV reported more than 10 strikes on various locations, including the Al-Safra district of Saada. The area houses weapons storage and training sites, and is considered one of the group’s most important and heavily fortified military strongholds, according to Yemeni sources.

The strikes, launched on Saturday over the Houthis’ attacks against Red Sea shipping, are the biggest U.S. military operation in the Middle East since President Donald Trump took office in January.

The Iran-aligned Houthis have carried out over 100 attacks on shipping after Israel’s war with Hamas began in late 2023, saying they were acting in solidarity with Gaza’s Palestinians. The attacks have disrupted global commerce and set the U.S. military off on a costly campaign to intercept missiles.

US says ready to confer with China, Canada on WTO disputes – MSN

pgnewser March 19, 2025 0

US says ready to confer with China, Canada on WTO disputes – MSN
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 The U.S. mission told China and Canada it was ready to confer with its officials in Geneva after those two countries filed trade disputes in response to new tariffs, World Trade Organization documents showed on Tuesday.

Canada requested consultations – the first step in a WTO trade dispute – earlier this month in response to “unjustified tariffs” imposed by U.S. President Donald Trump earlier this month.

Pepsi acquires Poppi prebiotic soda for $1.65 billion in a play to attract Gen Z – Fast Company

pgnewser March 19, 2025 0

Pepsi acquires Poppi prebiotic soda for $1.65 billion in a play to attract Gen Z – Fast Company
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Excerpt:

PepsiCo is sick of being left out of the prebiotic soda craze—and to catch up with competitors, the multinational food and beverage corporation just dropped $1.65 billion to acquire the functional soda startup Poppi.

The deal, announced this morning, will bring Poppi’s range of 14 colorful, low-sugar, prebiotic-packed sodas into Pepsi’s expansive existing beverage portfolio. The move comes as young consumers are increasingly turning away from traditional soda in favor of more health-conscious, “functional” beverages, which typically come with a mood or health benefit derived from a specific set of ingredients. Popular prebiotic brands like Poppi and Olipop fit in this category, as do hydration-based drinks like Mio and Magna.

Google to purchase Israel’s Wiz for record $32 billion– gellerreport.com

pgnewser March 19, 2025 0

Google to purchase Israel’s Wiz for record $32 billion– gellerreport.com
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Excerpt:

The State of Israel continues to flourish. Despite the enormous challenges it faces, Israel continues to develop revolutionary technology that benefits all of humanity. Israel’s tech sector is second only to Silicon Valley, generating billions of dollars each year. Most especially in the fields of Cybersecurity and AI. What contributions have the ‘Palestinians’ made to the world?

Australia’s ‘biggest defence export’ was meant for the US first, but Canada snuck past Trump – ABC News

pgnewser March 19, 2025 0

Australia’s ‘biggest defence export’ was meant for the US first, but Canada snuck past Trump – ABC News
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Excerpt:

For months, senior officials have been discussing exporting Australia’s world-leading radar technology JORN to the United States, but after Donald Trump’s return to the White House, Canada saw an opportunity and leapt.

Overnight, new Canadian leader Mark Carney spoke to his counterpart, Anthony Albanese, then flew to his country’s Arctic territory of Nunavut to announce a $6.5 billion high-tech Australian military purchase.

“Today, I’m announcing that our government will be working with our long-standing defence and security partner Australia to build a new, long-range, over-the-horizon military radar system,” he said.

“[It] will enable Canada to detect and respond to both air and maritime threats over our Arctic both faster and from further away. It will most fundamentally keep all Canadians safe.”

Supreme Court Will Review Ban on LGBTQ ‘Conversion Therapy’ – MSN

pgnewser March 19, 2025 0

Supreme Court Will Review Ban on LGBTQ ‘Conversion Therapy’ – MSN
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Excerpt:

The US Supreme Court agreed to consider whether scores of state and local governments are violating the Constitution by barring licensed counselors from trying to change a child’s sexual orientation or gender identity.

The justices said they will hear a challenge to Colorado’s ban on what critics call “conversion therapy.” A counselor says the 2019 law violates her free speech rights.