Posts by Kim Browne
Trump’s Plan to Sell F-35s to Turkey Becomes an Even Greater Disaster
“With President Erdoğan’s continued aggression toward our greatest partners along with his troubling defense partnerships with our adversaries, it is not in the best interest of our country to sell them F-35s,” wrote Republican Representatives Mike Lawler, Nicole Malliotakis, Gus Bilirakis, Jeff Hurd, Max Miller, and Young Kim, in addition to Democratic Representatives Stephen Lynch,…
Read MoreNasdaq falls at open as DeepSeek’s AI chip push rattles markets
Published Tue, Jul 7, 2026 · 09:46 PM [NEW YORK] The Nasdaq opened lower on Tuesday (Jul 7) amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung’s strong earnings, while a report on China’s DeepSeek making its own AI chip also hit sentiment. The Dow Jones Industrial Average rose…
Read MoreSaudi oil price cut unlikely to convince sated Asia buyers, traders say
Published Tue, Jul 7, 2026 · 02:05 PM [SINGAPORE] The biggest price cut in more than two decades for Saudi Arabian crude oil sold to Asia still leaves the grade more costly to lift than some rival Gulf supplies, curbing appetite for oil from the Opec linchpin. The world’s top exporter slashed the August official…
Read MoreEurope’s central banks may come under political pressure, Panetta says
Published Tue, Jul 7, 2026 · 07:49 AM [FRANKFURT] Central banks in Europe could come under growing pressure from governments facing rising demands for pension spending and industrial support, European Central Bank policymaker Fabio Panetta said on Monday. Germany, France and Italy are all struggling to fund higher defence spending, reviving industry and sustaining welfare…
Read MoreJudge Rules Against Trump, Says He Clearly Prefers White People
The original SAVE America Act suggests numerous amendments to the National Voter Registration Act of 1993, including line items that would abolish mail-in voting, require voters to bring proof of citizenship and proof of residency to register to vote, require voter ID, and mandate voter roll purges every 30 days, an enormous bureaucratic task that…
Read MorePlatner Is Considering “Path Forward” After Sexual Assault Allegation
Maine Democratic Senate hopeful Graham Platner has responded to more allegations of sexual misconduct against women. Jenny Racicot, a 41-year-old Maine resident who dated Platner on and off for two years, says that he sexually assaulted her in 2021—drunkenly entering her home uninvited and forcing himself on her even as she told him to stop…
Read MoreNATO Chief Warns They Can’t Count on Trump’s U.S. Anymore
Western alliances are turning away from America. NATO Secretary General Mark Rutte told reporters at a press conference in Ankara, Turkey, on Monday that NATO’s traditional reliance on the U.S. is no longer a sustainable model for the military and economic coalition. “What you are seeing is a NATO which indeed is changing in a…
Read MoreGold falls after weekly gain as Fed rate-hike concerns recede
Published Mon, Jul 6, 2026 · 10:28 PM [NEW YORK] Gold dropped after posting its first weekly advance since May on weakening expectations that the US Federal Reserve will hike interest rates. Bullion fell as much as 1 per cent to around US$4,137 an ounce, having gained more than 2 per cent last week to…
Read MoreDid Trump Meddle in the World Cup to Help the U.S. Win?
President Donald Trump may have revealed just how corrupt FIFA’s 2026 World Cup really is. Just hours after top U.S. Soccer scorer Folarin Balogun received a red card and a minimum automatic one-game suspension, Trump urged FIFA President Gianni Infantino to review the decision, four people told The New York Times. FIFA announced Sunday that…
Read MoreChina’s biggest ETF is now a US$13 billion gold fund as state stock market support fades
The reshuffling of country’s largest ETFs offers a picture of where investors are putting their money Published Mon, Jul 6, 2026 · 05:37 PM [BEIJING] A China spot gold ETF has overtaken the Huatai-PineBridge CSI 300 ETF to become the country’s largest exchange-traded fund, highlighting the extent to which state-backed support for the stock market…
Read MoreSingapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely
Firms expected to be prudent amid ongoing volatility, with lessons learnt from business failures in the 2021 crisis [SINGAPORE] Singapore’s electricity retailers are out to attract new customers with promotions on fixed-price plans – as consumers seek cost certainty following the 17 per cent surge in the electricity tariff for July to September, marking a…
Read MoreGold heads for first weekly gain since May on easing Fed outlook
Published Sun, Jul 5, 2026 · 06:10 PM GOLD headed for its first weekly gain since May as traders dialled down their expectations of Federal Reserve rate hikes. Bullion rose towards US$4,200 an ounce and was up 2.2 per cent for the week. Soft US job numbers and lower energy prices have led investors to…
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