Authored by Susan Crabtree via RealClearPolitics, A group of leading China critics in Congress is urging the State Department to step up its efforts to curb Beijing’s gruesome $1 billion forced organ harvesting trade, which targets ethnic and religious minorities, including Uyghurs, Tibetans, Muslims, Christians, and Falun Gong practitioners.  Six members of the Congressional-Executive Commission […]

Yesterday we discussed the latest consumer credit data, which revealed that the amount of credit card debt across the US has hit a new record high of $1.337 trillion (even though it appears to have finally hit a brick wall, barely rising in April by the smallest amount since the covid crash), even as the […]

Authored by Vivek Sun via BitcoinMagazine.com, Argentina’s energy sector is increasingly turning to Bitcoin, this time with a state-owned facility using stranded natural gas from oil fields that would otherwise be wasted. JUST IN: 🇦🇷 Argentina state-owned company’s subsidiary will mine $BTC with Stranded Gas: Forbes Eventually, every country will be mining #Bitcoin pic.twitter.com/bu6sCXEUJ1 — […]

One theme we’ve spotted this earnings season has been an increasing number of companies warning about low-income consumers.  From McDonald’s to Starbucks to Tyson Foods, executives on earnings calls have warned about mounting headwinds hitting the working poor.  Last Tuesday, Starbucks CEO Laxman Narasimhan told investors on a call, “Our performance this quarter was disappointing and did not […]

Authored by Tom Mitchelhill via CoinTelegraoph.com, The United States House of Representatives has voted to pass a bill that overturns controversial Securities and Exchange Commission guidance preventing banks from owning crypto.  On May 8, the House voted to pass a bipartisan bill dubbed H.J. Res 109 which overturns the SEC’s Special Accounting Bulletin (SAB 121) that requires […]

First the Ukraine war and now the Gaza conflict… China increasingly finds itself the leader of the group of nations at odds with the West over how to handle these crises.  Beijing has criticized the United States’ role in stoking both conflicts, given Washington is the main supplier of weapons and funds for both Israel […]

Authored by Joseph M. Hanneman via The Epoch Times (emphasis ours), Nearly 1,425 people have been arrested on Jan. 6 charges, with 2024 arrests running at almost double the rate from 2023 and 2022, a U.S. Department of Justice report shows. Capitol Police officers use pepper spray and tear gas to clear protesters from the […]

Update(2025ET): President Biden spoke to CNN’s Erin Burnett on Wednesday, and in the interview he issued some of the most significant warnings to America’s closest Middle East ally to date, telling Israel that he’s ready to halt offensive weapons transfers if its military launches a full invasion of Rafah. “Civilians have been killed in Gaza as […]

Philadelphia’s new mayor Cherelle Parker may be succeeding with what seems like a relatively simple task that her predecessors were wholly incapable of performing: cleaning out the city’s open air drug markets in its Kensington section. Pay attention, Democrats. There’s a chance it actually can be done. During Monday’s Committee of the Whole meeting, City Council […]

Authored by James Rickards via DailyReckoning.com, Two weeks ago, the Congress passed (and President Biden signed) four key pieces of legislation related to national security. Three of the bills provided assistance to Ukraine, Israel and Taiwan. They received the most attention. The one that got the least attention was a mixed bag of provisions, such […]