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U.S. officials are investigating Chinese-made solar inverters and batteries with rogue communication devices, including hidden cellular radios. These devices could be remotely activated to destabilize energy grids, potentially leading to widespread blackouts (just ask 🇪🇸Spain). Here the full article: https://t.co/kXIwnKJP4J

The gold rush: US gold imports hit a record $30.4 billion in January, marking a second consecutive month of sharp increases, according to ZeroHedge. This is DOUBLE the amount seen during the 2020 pandemic. At the same time, the US trade deficit with Switzerland reached a record $22 billion. This suggests the majority of imported gold is coming from Swiss vaults. Physical gold buying is concerningly strong.

STATEMENT FROM TIKTOK: In agreement with our service providers, TikTok is in the process of restoring service. We thank President Trump for providing the necessary clarity and assurance to our service providers that they will face no penalties providing TikTok to over 170 million Americans and allowing over 7 million small businesses to thrive. It’s a strong stand for the First Amendment and against arbitrary censorship. We will work with President Trump on a long-term solution that keeps TikTok in the United States.

spain does not have any frontier ai companies. but the country rushed to establish the first ai agency in europe—the spanish agency for the supervision of artificial intelligence (aesia). the organization will have a president, a director, two subdirectors, a secretary general & 10 departments.

Has the era of stagflation begun? Initial jobless claims spiked by 17,000 to 242,000 last week, the highest since the first week of October. Non-seasonally adjusted claims skyrocketed by 99,140 to 310,366, the highest since January. This marks a whopping 30% year-over-year increase. At the same time, the number of people receiving jobless benefits surged to 1.89 million, near the 3-year high. To put this into perspective, continuing jobless claims are now 14% above the 2018-2019 pre-pandemic levels. All while CPI, PCE, and PPI inflation are all back on the rise. We have a weakening labor market with rising inflation.