aiman

[aiman @aimz0320]

Canada is proposing to build a new more than 1,000km oil pipeline from Alberta to the Pacific coast of British Columbia that would transport up to 1 million barrels of crude oil per day to Asian markets.

The project would largely follow the existing Trans Mountain Pipeline System corridor and is a central part of Prime Minister Mark Carney's plan to turn Canada into an "energy superpower" while reducing the country's dependence on the U.S. market.

The proposal comes after President Donald Trump threatened steep tariffs on Canadian goods, questioned the future of the United States Mexico–Canada Agreement and repeatedly suggested Canada should become the "51st state."

Alongside the pipeline, the government plans to more than triple Canada's liquefied natural gas (LNG) production by building five export terminals and invest C$10 billion to expand the Port of Vancouver, with the aim of attracting more than C$200 billion in new investment.

The proposal marks one of Canada's biggest energy policy shifts in years.

FT

[aiman @aimz0320]

Trump announced more than $846 million in FEMA disaster aid across nine states, all of which voted for him in the 2024 election.

In each announcement, he paired the aid approval with praise for Republican governors, members of Congress, senators, or candidates he had endorsed, including several running in 2026 gubernatorial elections.

The largest aid packages announced were $415.9 million for Florida following severe storms and $318.3 million for Georgia related to Hurricane Helene.

https://t.co/Kl7weTPnZm

[aiman @aimz0320]

What the article didn't mention is that the 47% tax rate only kicks in at an income of €277,000.

Compare and contrast with the UK where, where you hit £100,000 you hit a marginal rate of over 60% (or much higher if you're a parent or have a student loan), before dropping down to 47% at £125,140.

https://t.co/7iDtuJdeTA

[aiman @aimz0320]

Trump and Lutnick families have financial ties to at least 14 companies that are actively working with the federal government on critical mining deals, including the Kazakhstan project.

Cantor Fitzgerald, is an investment company controlled by Lutnick’s family and overseen by his sons Brandon and Kyle Lutnick.

All 14 of these companies have either benefited directly from offers of financial assistance from the Trump administration, or have pending permit applications before the Commerce Department, which Lutnick oversees.

The 14 companies working on critical mining deals with the U.S. government that have ties to Cantor Fitzgerald or the Trump family:

-USA Rare Earth
Approved to receive up to $1.3 billion in Commerce loans and $277 million in direct federal funding to accelerate neodymium-iron-boron magnet production and potentially another $565 million for rare earths mine in Brazil now held by a company it is acquiring.

Ties: Cantor Fitzgerald as lead agent on capital raise

-Kaz Resources
Pursuing $900 million in financing from the Export-Import Bank and up to $700 million from the U.S. International Development Finance Corporation to support plan to build tungsten mine in Kazakstan

Ties: Eric Trump, Donald Trump Jr. are investors in firms involved in the deal; Dominari, another firm the Trump sons own in part, has financial ties to the deal. Cantor Fitzgerald helped one partner in the deal raise capital

-Perpetua Resources
Approved for a $2.9 billion loan from the Export-Import Bank for a central Idaho gold and antimony project.

Ties: Cantor Fitzgerald as underwriter

-ASP Isotopes
Pursuing as much as $500 million in financing from U.S. International Development Finance Corporation via Renergen subsidary

Ties: Cantor Fitzgerald as underwriter

-Critical Metals Corp.
$120 million proposed loan from the Export-Import Bank

Ties: Cantor Fitzgerald as underwriter

-Vulcan Elements
Slated to receive $670 million in Pentagon and Commerce funds to build a domestic rare earth magnet production facility

Ties: Donald Trump Jr. is a partner at 1789 Capital venture capital firm that has invested in Vulcan

-The Metals Company
Seabed mining application pending approval from Commerce Department

Ties: Cantor Fitzgerald as financial advisor

-Trilogy Metals
Slated to receive a $35.6 million equity investment from the Department of Defense to accelerate copper and zinc mining in Alaska

Ties: Cantor Fitzgerald hired as underwriter

-American Ocean Minerals Corp
Seabed minling licenses application pending with NOAA

Ties: Cantor Fitzgerald as advisor and private placement agent

-Guardian Metal Resources
Secured $6.2 million from the Department of Defense for a pre-feasibility study for a tungsten mining site in Nevada

Ties: Cantor Fitzgerald as manager for firm's initial public offering.

-Titan Mining
Secured $21 million Export-Import funding for a New York zinc mine and a deal with the U.S. Army. Also pursuing total of perhaps $120 million in additional loans and financing from Export-Import.

Ties: Cantor Fitzgerald as sales agency for stock sale

-Westwater Resources
Received a letter of interest from the Export-Import Bank for Alabama battery-grade natural graphite materials mine

Ties: Cantor Fitzgerald as its investmentbanker

-ReElement/American Resources Corporation
Pursuing an $80 million Pentagon loan to support an Indiana project that for rare-earths refining

Ties: Cantor Fitzgerald as financial advisor and fundraising agent

-Energy Fuels Inc
Slated to get as much as $725 million loan from the Pentagon for White Mesa Mill, Utah, project

Ties: Cantor Fitzgerald as lead agent on capital raise

NYT

https://t.co/DwcjybP63a

[Brandon Weichert @WeTheBrandon]

I was going to say, "Never bring up Hunter Biden's name to me again," except I just remembered that Comer, Jordan, and the GOP boys on the Hill have conveniently buried their "investigation" into Hunter. Oh, and Trump has dropped his calls to terminate Hunter's pardon. AND Trump pardoned Hunter's associate, Devon Archer, at the end of May.

We've all been had. I'm done.

[aiman @aimz0320]

@Discourse__News The Kazakh deal was signed six days after the investment involving the Trump sons and their partners, which was not publicly disclosed at the time.

[aiman @aimz0320]

@Kalshi Wow, he’s surpassed the best stock picker on earth then, Nancy Pelosi.

[aiman @aimz0320]

Iraq is pushing Opec to allow it to pump more oil as it seeks to recover from its financial crisis triggered by the US-Iran war and has raised the prospect of leaving the cartel if it cannot fulfil its full production potential.

[aiman @aimz0320]

China has expanded its claims over waters east of Taiwan, arguing that Japan-Philippines maritime boundary talks are illegal because they exclude Beijing.

Beijing has increased coastguard patrols and military activity east of Taiwan, including inspections of vessels and operations near the Japan-controlled Senkaku Islands.

Japan and the Philippines say their maritime talks are intended to improve legal certainty and are being conducted in accordance with international law.

The move comes as China seeks to strengthen its claims over Taiwan and nearby waters.

FT

[aiman @aimz0320]

The Saudi-led coalition in Yemen said that Houthi statements against the kingdom are nothing more than an attempt to divert attention from their gross violations against the brotherly Yemeni people.

The alliance that it will respond and strike with utmost firmness and unprecedented force to counter any attempts to target the Kingdom, its citizens and its national capabilities, or any attempts to violate the sovereignty of the brotherly Republic of Yemen.

[aiman @aimz0320]

Citi forecasts Brent crude will fall to $60–65 a barrel by the end of 2026, citing expectations that the global oil market will return to a surplus.

The bank believes the US-Iran ceasefire will hold, as both sides have little incentive to resume hostilities.

Citi expects higher oil production and recovering Gulf exports to outweigh demand, putting downward pressure on prices.

Citi's forecast is more bearish than most Wall Street analysts, whose median year-end forecast is about $78 a barrel.

FT

[aiman @aimz0320]

The US must accept that realities have changed after the Israeli-US war against Iran, Iranian Parliament Speaker Mohammad Bagher Ghalibaf

“Conditions have improved compared to the past and post-war developments have caused Americans to accept existing realities. In such an environment, trade relations can be expanded further and we hope that the groundwork for lifting sanctions will also be prepared.”

“With the joint management of Iran and Oman in the Persian Gulf and the Strait of Hormuz and the reduction of American mischief in the region, better opportunities will be created for the development of transit cooperation,” he said

[aiman @aimz0320]

An attack by Israeli settlers near Hebron wounded several Palestinians, Wafa news agency reported

Settlers under the protection of Israeli soldiers stormed the town of Idhna, firing on Palestinian landowners. A young man was struck with a rubber-coated steel bullet and two elderly Palestinians were injured while trying to protect their sheep from settlers.

[aiman @aimz0320]

Israel denies reports it planned to assassinate Iranian negotiators

Israel has dismissed reports by The New York Times and The Washington Post as “fake news”, saying their claims were a complete fabrication of reality.

[aiman @aimz0320]

@IreneWo73689882 @atrupar Yes, i shoud've. It seems there is no room for sarcasm on X

[aiman @aimz0320]

Israeli military field executions and escalating attacks by armed settlers have killed eleven Palestinians in the occupied West Bank’s Jerusalem Governorate during the first half of this year, the Wafa news agency reports.

The governorate said that three Palestinians died at the hands of Israeli settlers, while eight others were killed by military gunfire, according to Wafa.

Governorate officials also documented the arrest of 866 Palestinians during the first half of 2026, including 35 children and 21 women.

Thesr detentions were carried out as part of a systematic policy of suppression, involving raids on Palestinian homes and widespread stops at Israeli checkpoints and on public roads.

[aiman @aimz0320]

The body of Iran’s former supreme leader has arrived at the Grand Mosalla mosque in the capital, Tehran.

As many as 20 million people are expected to attend Ali Khamenei’s funeral, expected to be the largest in Iran’s history.

Ceremonies will conclude with his burial at the Imam Reza shrine in his hometown of Mashhad.

[aiman @aimz0320]

The problem we face today is that AI still has no real value proposition, beyond increasing unemployment. There is no line of sight to profitability and will likely bring the financial system down before anyone figures out what to do with it. “Superintelligence” is simply not a product that has been demonstrated to add one dollar to GDP unless you happen to be someone who has the good fortune of convincing super liquid hedge funds that your AI will create the new world of infinite prosperity.

https://t.co/t1PWBiM39S

[aiman @aimz0320]

The main difference between Hunter Biden’s foreign dealings and the Trump projects is that the Trumps are brazenly open about theirs.

https://t.co/adHYjIB3OG

[aiman @aimz0320]

Japanese Prime Minister Sanae Takaichi and Indian Prime Minister Narendra Modi agreed to deepen economic and security ties as both countries seek to reduce dependence on China.

The two sides agreed to jointly develop a naval communications system, their first defence collaboration of its kind and expand maritime security cooperation.

They pledged to strengthen critical minerals and rare earth supply chains after both faced Chinese export restrictions.

Japanese and Indian companies signed 120 agreements worth more than $10 billion, including investments in semiconductors and renewable energy.

[aiman @aimz0320]

German Chancellor Friedrich Merz unveiled a €10 billion middle-class tax cut package to revive economic growth and strengthen support for his coalition.

A family with two children earning €60,000 will receive over €600 a year in tax relief, funded by raising the top income tax rate from 45% to 47%.

The coalition also agreed labour reforms, including longer Sunday opening hours, stricter sick-leave rules and extending fixed-term contracts from two to four years.

The measures aim to boost investment and employment after Germany's economy stagnated due to high energy costs, Chinese competition and U.S. tariffs.

FT