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Site: Catholic ConclaveFor the opening of "775 - WESTFALEN. The exhibition" and the ceremony to mark the anniversary year "1250 years of Westphalia" which was broadcast live from Paderborn Cathedral on Thursday, 15 May 2025 at 6 pm.Federal President Frank-Walter Steinmeier and the Minister President of North Rhine-Westphalia, Hendrik Wüst MdL, will take part in the ceremony. Archbishop Bentz was also Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
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Site: Real Investment Advice
Inside This Week's Bull Bear Report
- Recession Probabilities Decline
- How We Are Trading It
- Research Report - Do Stock Buybacks Move The Market?
- YouTube - Before The Bell
- Market Statistics
- Stock Screens
- Portfolio Trades This Week
The "Can't Stop, Won't Stop" Rally
Last week, we discussed how the rally had repaired much of the previous damage following "Liberation Day." However, we also made competing cases for the bulls and bears on the market's next move.
"It is always difficult to say whether this is a 'bear market' rally while you are in the midst of it. In hindsight, these things are easy to identify, and investors have plenty of reasons to play the 'could've, should've' game. However, some valid arguments exist about why the recent correction was just that, and may now be over."
This past week, the market continued its advance. There is little reason to be bearish with key overhead resistance levels broken. However, as shown, the markets are reaching decently overbought levels after being extremely oversold. This suggests that at least for now, the "easy money" has been made. With the market above the 200, and above the 50 and 20-DMA, pullbacks should be between 5600 and 5800. Investors can use such a pullback to increase portfolio equity exposures and reduce hedges accordingly. Conversely, 5000 to 5200 becomes the next critical target if those lower supports are violated. However, such would require some unexpected event to unfold.
Given the reduction in tariff-related risk and stable economic data, we suspect the market will hold bullish support. That statement follows our analysis from earlier this week, which discussed whether we have returned to a bull market or if this is still a bear market rally. That analysis compared the current market advance to the 2022 corrective cycle. However, that article elicited quite a few comments about why the recent "tariff" sell-off could be like the 2020 COVID-pandemic decline and recovery. It's a fair question and worth a few words.
2020 vs 2025
As shown, there is an analogy between the current market recovery and that seen in 2020 following the pandemic. However, it is worth remembering that there are many competing differences between the current macroeconomic backdrop and that of 2020.
However, as we discussed in that previous analysis, even a "can't stop, won't stop bull market" gives those who can be patient better risk/reward opportunities to increase equity exposures. For example, after the initial rally off the March 2020 lows, the market pulled back and consolidated briefly before rallying further. Then, another longer consolidation process that year provided another entry point for bullish investors.
The weekly Technical Gauge we produce each week in this newsletter below follows the same path as 2020. While not yet back to bullish technical extremes, it is moving quickly higher to more elevated levels. When those readings reached 80, the market went through a longer consolidation process in 2020.
So, is this 2022 where the recent rally will fail and test lower levels? Maybe. Or, is it more like 2020, where the rally continues with only mild pullbacks along the way? Possibly. The true answer is that I don't know. However, it is worth considering that there are many macroeconomic differences today compared to 2020. That lack of fiscal and monetary support, slowing economic growth, and tighter monetary policy are headwinds to higher stock prices. But, it is logical that the latest bullish market action has investors questioning a more cautious approach to the markets.
The same is true for us. We are currently underweight equities and hedged. However, the need for hedges is quickly declining, and the need for equity exposure is increasing. It's a tough battle between creating portfolio performance and risk management. We are sticking with risk management until things become more certain, at least for now.
This week, we will discuss why another bearish case is fading - recession probabilities are falling.
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A Funny Thing Happened On The Way To The Coliseum
“A Funny Thing Happened on the Way to the Coliseum” is a hysterical play by Craig Sodaro. In the play, Simplcuss, a naive Swiss farmer, heads for Rome to follow his dream of becoming a stand-up comedian; little does he know what adventures are in store. Stumbling into the house of General Spurius Sillius in search of food and water, he’s mistaken for the dreaded gladiator, Terribilus, who is due to fight in the Colosseum the following day. Simplcuss has to figure out how to save himself, and he overhears the General’s wife, Drusilla, and Senator Publius Piscious plotting to kill the Emperor’s daughter and the Emperor himself!
Without telling you the ending, there are many similarities to the current market. Over the last several months, the media headlines have been filled with stories of “Recessionus Terribulus." Whether President Trump planned to deport illegal immigrants, Elon Musk and DOGE cutting government spending, or lately the fears of tariffs, all played into the media headlines of an impending recession.
Of course, there was also economic data to help support those claims. As discussed in the "Consumer Is Tapping Out," rising delinquency rates are problematic. Particularly, for an economy driven by personal consumption. To wit:
"The current data point toward a recessionary risk. Deflation is highly correlated to economic growth rates, wages, and rates. Unsurprisingly, recessions reduce inflation as demand for goods and services collapses. While inflation may be “sticky,” the recent decline in bond yields and wages suggests consumer demand will decline this year. When tariffs, an additional tax on consumers, increase the cost burden, the reaction historically is not expansionary."
Furthermore, last weekend's #BullBearReport noted the rather sharp negative revisions to earnings estimates for the S&P 500 index.
"Given the slowdown in economic growth rates, it is unsurprising that, as of May 1st, S&P Global finally acquiesced and revised earnings estimates lower. However, this wasn’t a mild earnings revision but a slashing of estimates from their April 15th expectation of $292/share in 2026 to just $274. Furthermore, full-year 2025 reported earnings estimates were cut by nearly $20/share from $258/share to just $238/share."
However, what is interesting is that despite these and several other indicators suggesting an increase in recessionary risk, the financial markets are currently putting in one of the strongest rallies we have seen since the COVID pandemic. Of course, much of that rally came on the heels of the relief of the sharp reduction of tariffs on China, one of the U.S.'s key trading partners.
As such, while Wall Street analysts and economists were slashing economic growth and earnings estimates just a month ago, striking fear into investors' hearts, that has now reversed.
Recession Probabilities Are Falling
Following the announcements of trade deals with both the UK and China, recession probabilities for 2025 declined. Now, economists are rushing to reverse those previous recession calls.
The reality is that the onerous tariff levels initiated by the Trump administration were never permanent. This was a mistaken assumption by the mainstream media. Furthermore, the "inflation impact" from tariffs, which was expected to cause the recession, has yet to appear. Such is evident in both inflation reports this past week. The chart below shows the composite CPI/PPI index and whether inflation is above or below the long-term average inflation rate. Currently, inflation is 2% below its long-term average.
Inflation failing to appear is unsurprising and something we discussed in detail in "Tariffs Roil Markets." In their rush to undermine the current administration, the media also failed to consider two important facts we discussed previously.
"The first is that Trump’s tariffs are a 'stick and carrot' for negotiating an agreement with both Mexico and Canada. As you will see, all he wanted was assistance in securing the borders, reducing illegal immigration, and arresting the illegal flow of drugs, especially “Fentanyl,” into the U.S. Therefore, any assistance provided by Canada or Mexico would lead to a reversal of those tariffs. Secondly, we stated the market’s opening would likely be the worst level of the day, so any “panic selling” of positions early in the morning would likely be a mistake."
That same logic applies to China and every other country dependent on U.S. trade. Given that China depends on roughly $50 billion in annual trade (16.2% of total exports worldwide) to the U.S. for its economic growth, President Trump was correct in assuming he had a stronger hand in the negotiations.
With those tariffs vastly reduced, the risk of the recessionary impact from an excess "tax" on consumers is fading. However, even with the tariffs reversed, the economic data, while slowing, does not suggest that a recession risk is imminent.
A Recession-Proof Economy?
Doug Cass made a valid point this past week, asking if the "economy is now recession-proof."
"Is the economy now recession-proof? Is this also now a syntax question as opposed to a practical question?
By a syntax question, this is what I mean. Recession is measured by reported GDP and reported employment. GDP is in part a function of reported inflation. If inflation is understated, GDP is overstated by the same amount. Employment includes jobs going to immigrants, second jobs, jobs created by the birth/death model, and jobs going to government employees that often have negative productivity and whose roles (regulatory and bureaucratic nonsense) end up harming the country and the economy, even though they help GDP in the short term.
The country thought we were in recession in the middle part of the Biden term. This includes very prominent financial minds and the average Joe. There is a reason the election went the way it did: “It’s the economy, stupid.” But, as measured by the official stats, there was no recession, and things were pretty good. Now, we are still not in recession, and as measured by the same stats, it still seems 50% likely we will not be in recession, and if we ever enter one, it feels like it might be mild, at least as measured by those same statistics.
So, is the economy now recession-proof? If we don’t go into a recession now, with the shaky foundation that was in place, including an overspent consumer, all the debt, global tensions, and all the uncertainty, it feels like we will never have a recession."
It seems that way, but the one contributing factor that broke all pre-existing models was the flood of monetary and fiscal stimulus post the COVID pandemic. It may take us years to determine if the previous historical models and indicators, such as inverted yield curves, ever function as they did previously to gauge recession probabilities. Maybe they won't.
However, as noted above, economists are rapidly reversing their predictions about the recession and now suggest that President Trump's actions, while previously thought to be an economic disaster, might be beneficial. Furthermore, financial conditions are improving, which also supports economic activity. If that trend continues, particularly if the Fed resumes cutting interest rates, it should start to feed into consumer confidence. If consumer confidence strengthens, which would be logical following recent tariff resolutions, this should reduce recession probabilities further.
Understand the message here. As discussed two weeks ago, the economic growth rate is slowing, but recession probabilities remain low.
That does not mean that a recession is permanently avoided.
However, therein lies the problem with recession probabilities and predictions in the first place.
The Problem With Recession Predictions
It is wise to remember that in 2022, we had the most anticipated recession, which failed to occur and preceded one of the strongest bull markets in recent history.
The problem with predicting recessions is that economists always work off lagging economic data. Such is particularly the case with GDP, which is revised three times following the end of the quarter, 12 months, and 3 years later. Historically, given that lag, the timing of U.S. recessions can be off by 9 to 12 months before they are recognized by the National Bureau of Economic Research (NBER). The chart below shows the lag between the onset and recognition of previous U.S. recessions.
The following table better shows the lag between the start and recognition of previous U.S. recessions. I have also noted the impact on financial markets as investors reprice earnings growth for a reversal in economic growth rates.
Investors must decide whether the current correction is “just a correction” or whether the risk of a U.S. recession is increasing.
Currently, few indicators suggest recession probabilities are rising. The Economic Composite Index (a comprehensive measure of economic activity comprised of more than 100 data points) is in expansionary territory. The EOCI index confirms the improvement in the 6-month rate of change in the Leading Economic Index (LEI), one of the best recession indicators, and current levels of economic growth. While economic growth will undoubtedly slow as all of the excess governmental spending under the previous Administration reverses, there is currently no recession warning in the data. That does not mean that it can not change in the future. However, for now, the risk of recession is extremely low.
Adding to that analysis, the economically weighted ISM composite index is also in expansionary territory, suggesting no current risk of recession. This composite index (80% service / 20% manufacturing) is why we wrote that there was no recession risk in 2023 or 2024 despite inverted yield curves.
Lastly, Government spending remains robust, which fuels economic growth. While the current Administration is looking to cut spending and reduce the deficit, which would weaken economic growth rates, they are making very little headway.
Furthermore, despite the hopes that DOGE would cut Federal spending, it has only returned to the post-financial crisis exponential growth trend as the Government continues to use “Continuing Resolutions” to fund the Government. These resolutions automatically increase government spending by 8% annually. In other words, spending doubles every nine years, so debt levels continue to rise, feeding into economic growth rates.
Conclusion: Staying Grounded Amid Market Volatility
While recession probabilities have resurfaced in the headlines following the recent market sell-off, the economic data does not yet support the narrative of an imminent downturn.
As I discussed in “The Risk Of Recession Is Not Zero,” the government is currently engaged in activities that will impact economic growth. If those actions are combined with those of an already struggling consumer, the risk of recession will undoubtedly increase. Thus, economists are now scrambling to reverse their recession calls.
Historically, recession calls tend to be premature, often relying on lagging indicators that confirm economic contractions only well after they have begun. Current indicators point to a slower economic expansion, not contraction. Although growth is slowing, a slower growth environment does not equate to a recession—a distinction investors must keep in mind.
The more significant concern for markets is the inevitable impact of slowing economic growth on corporate earnings expectations. With analysts projecting continued double-digit earnings growth into 2026, there is an apparent disconnect between these forecasts and the economic reality. History suggests that earnings will eventually revert to levels that align with economic activity, which could lead to further bouts of market volatility.
For investors, the key takeaway is to stay informed, focus on fundamentals, and avoid being swayed by short-term noise. While volatility and corrections are natural in market cycles, history shows that panic-driven decisions often lead to missed opportunities. As long as economic indicators remain expansionary, the risk of a recession remains low, though careful monitoring is warranted. Investors should continue to assess their portfolios, manage risk prudently, and position themselves for a gradual slowdown rather than an economic collapse.
How We Are Trading It
As noted last week, we continue to manage our portfolios in a manner that allows us to participate in the market while still hedging against underlying risk. As such, we have started rebalancing risk as necessary and adjusting portfolio holdings to improve relative market performance. Notably, the breadth of the market has improved, but as noted above, the short-term overbought conditions suggest the "easy money" has been made. We will wait for corrections to reduce cash balances further and remove portfolio hedges entirely. That is, of course, unless some other unexpected event surfaces that substantially increases market risk.
As noted, while the risk of recession has fallen, recession probabilities are not zero. As we said in Friday's Daily Market Commentary:
"However, patience will likely pay off here. As noted previously, we are still on a weekly sell signal, which has historically led to short-term market underperformance. As shown, previous periods of historical weekly moving average crossovers typically involve a more extended period of consolidation or corrective price actions. The main exception to that rule was 2020, when the Federal Reserve intervened with massive monetary support. With yields rising and the Fed on hold, no excess support is coming into the market other than a surge in corporate buybacks. However, those are due to decline starting next month."
Continue to follow the rules and stick to your discipline. (Read our article on “What Is Risk” for a complete list of rules)
Have a great weekend.
(Note: The allocation below contains a 5% short S&P 500 position in the ETF allocation.)
Feel free to reach out if you want to navigate these uncertain waters with expert guidance. Our team specializes in helping clients make informed decisions in today’s volatile markets.
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Bull Bear Report Market Statistics & Screens
SimpleVisor Top & Bottom Performers By Sector
S&P 500 Weekly Tear Sheet
Relative Performance Analysis
Unsurprisingly, after the pervasive rally over the past week, almost every major market and sector is now extremely overbought. With recession probabilities falling sharply, the rush to regain equity exposure has forced ongoing short-covering. However, it is unlikely the market will be able to push much further without a short-term correction or consolidation to relieve some of that overbought condition. Take some profits, rebalance risks, and look for a pullback to reduce hedges and add exposures.
Technical Composite
The technical overbought/sold gauge comprises several price indicators (R.S.I., Williams %R, etc.), measured using “weekly” closing price data. Readings above “80” are considered overbought, and below “20” are oversold. The market peaks when those readings are 80 or above, suggesting prudent profit-taking and risk management. The best buying opportunities exist when those readings are 20 or below.
The current reading is 69.06 out of a possible 100.
Portfolio Positioning “Fear / Greed” Gauge
The “Fear/Greed” gauge is how individual and professional investors are “positioning” themselves in the market based on their equity exposure. From a contrarian position, the higher the allocation to equities, the more likely the market is to be closer to a correction than not. The gauge uses weekly closing data.
NOTE: The Fear/Greed Index measures risk from 0 to 100. It is a rarity that it reaches levels above 90.
The current reading is 69.35 out of a possible 100.
Relative Sector Analysis
Most Oversold Sector Analysis
Sector Model Analysis & Risk Ranges
How To Read This Table
- The table compares the relative performance of each sector and market to the S&P 500 index.
- “MA XVER” (Moving Average Crossover) is determined by the short-term weekly moving average crossing positively or negatively with the long-term weekly moving average.
- The risk range is a function of the month-end closing price and the “beta” of the sector or market. (Ranges reset on the 1st of each month)
- The table shows the price deviation above and below the weekly moving averages.
The "relentless rally" continued this past week and has pushed most markets and sectors well above their normal risk ranges. That rally in equities has come at the expense of gold, gold miners, and bonds, which we previously warned would be the case. However, given the more extreme short-term overbought conditions, investors should look for a correction over the next week or two to relieve some of that pressure. However, that dip should likely be bought particularly if supports hold at the 200-DMA.
Weekly SimpleVisor Stock Screens
We provide three stock screens each week from SimpleVisor.
This week, we are searching for the Top 20:
- Relative Strength Stocks
- Momentum Stocks
- Technical Strength W/ Dividends
(Click Images To Enlarge)
RSI Screen
Momentum Screen
Technically Strong With Dividends
SimpleVisor Portfolio Changes
We post all of our portfolio changes as they occur at SimpleVisor:
May 15th
This morning, we took some profits in our energy positions, coinciding with the crude oil price bump. Our concern is that oil prices will head back lower due to “drill baby drill” policies, OPEC policies, and a weakening economy. While we reduced the total energy exposure, we did add to OKE (up to 2%), as it is a natural gas pipeline company and less impacted by lower crude prices. We added a 1% position in AMLP, an ETF holding pipeline stocks. It pays a nearly 8% dividend. While we prefer OKE, it does help align the exposure in the sector model more closely with the equity model.
Equity Model
- Sell 100% of XOM and FANG
- Increase OKE to 2% of the portfolio.
ETF Model
- Sell 100% of iShares Energy ETF (XLE)
- Add 1% of the portfolio to AMLP
May 16th
In early April, we reduced our exposure to healthcare stocks as the threat of tariffs loomed large. With that threat largely mitigated, and the recent executive order on drug pricing being more “bark than bite,” we are starting to rebuild our positions at better prices. Today, we are increasing our current exposure in AbbVie (ABBV) and Eli Lilly (LLY) in the equity model, and adding to the iShares Healthcare Sector (XLV) in the ETF model.
Equity Model
- Increase ABBV to 3.5% of the portfolio and LLY to 2.5%.
ETF Model
- Increase XLV to 7% of the portfolio.
Lance Roberts, C.I.O., RIA Advisors
The post Recession Probabilities Decline appeared first on RIA.
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Site: RT - News
The reduction comes shortly after the Treasury secretary warned of a possible default by the end of summer
Moody’s has stripped the US of its perfect triple-A credit rating, citing increasing concerns over debt affordability. The rating agency had held the country’s sovereign credit rating at the highest possible level since 1917.
The move brings the 116-year-old agency into line with its global rivals. Fitch Ratings downgraded the US rating to AA+ from AAA in August 2023, and Standard & Poor’s cut it to AA+ from AAA in August 2011.
The reduction to Aa1 “reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,” Moody’s said in a statement released on Friday.
The agency noted that successive US administrations and Congress have failed to reach an agreement on measures to reverse the pattern of large annual fiscal deficits and rising interest costs.
Moody’s stated, however, that the US retains exceptional credit strengths, citing its size, resilience, dynamism, and the role of the dollar as the global reserve currency.
Earlier this month, Treasury Secretary Scott Bessent warned about the possibility of a default as soon as August, calling for either raising or suspending the debt ceiling – a statutory limit on how much the federal government can borrow – to avoid running out of money to cover federal expenses.
Read moreUS could face default by August – Treasury chief
The US reached its ceiling of $36.1 trillion in January. Once the limit is hit, the government is legally barred from borrowing further to meet its obligations. The total federal debt has climbed to $36.2 trillion, according to official figures.
The Treasury has avoided default by using so-called “extraordinary measures” – mainly accounting maneuvers such as suspending contributions to federal employee retirement funds – to keep up with its financial commitments.
Under former President Joe Biden, the debt ceiling was raised three times. The current president, Donald Trump, has argued that the cap should be eliminated entirely, calling it pointless if it’s routinely lifted. He has argued that the concept of a debt ceiling “doesn’t mean anything, except psychologically.”
Commenting on the rating downgrade, White House spokesperson Kush Desai said on Friday that Moody’s “would not have stayed silent as the fiscal disaster of the past four years unfolded” if the agency “had any credibility.” He also claimed that the Trump administration is currently dealing with the “mess” left by the previous administration.
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Site: Catholic ConclaveBecause, as Perón said, "we are all Peronists," and, as Bergoglio said, "every person is a child of God."Perón and Bergoglio's greatest enemies were the same conservative military officers and cardinals who had given them the opportunity to govern.As often happens with deaths, I inevitably thought of Pope Francis, a person who hadn't interested me much while he was alive. For those of us who are Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
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Site: Crisis Magazine
There have been so many dark centuries in the history of Christendom that one hesitates to call any particular century the darkest of all. Some have been as dark as the 20th century, but none have been as deadly. In terms of the sheer body count, the 20th century, with its wars of irreligion and its access to industrialized weapons of mass destruction, is the most murderous in human history.
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Site: RT - News
European NATO members have no idea whether the US president is ready to be tough on Russia, the outlet claims
European NATO members are “frustrated” with US President Donald Trump’s “constant swerving” on Ukraine peace talks, which they believe undermines their ability to pressure Russia, Bloomberg reported on Friday, citing sources.
Kiev’s backers are uncertain regarding what Trump will do following the inconclusive Turkish-mediated talks between Russia and Ukraine in Istanbul on Friday, according to the news agency. The meeting was the first direct engagement between the belligerents since 2022.
Key European NATO members initially believed that Trump supported their plan to impose new sanctions on Russia if it rejected the demand for a 30-day unconditional ceasefire with Ukraine, the article said. Moscow has stated that it is open to a ceasefire “in general,” but has expressed concern that it would only give Ukraine time to regroup and rest its battered forces.
Read moreRussia ready for ‘possible compromises’ – Putin aide
However, the West’s unified front apparently started to crumble after Moscow proposed direct Russia-Ukraine talks in Istanbul without any preconditions, according to Bloomberg. The overture prompted the US president to insist that Kiev “immediately” agree to restart dialogue, despite Vladimir Zelensky’s reluctance to do so without a ceasefire.
One European official expressed hope that the Istanbul meeting would “make it clear to Trump that the Russians aren’t serious about peace talks,” prompting the US to respond decisively. Some European leaders reportedly believe that Trump may still follow through on earlier threats to impose secondary sanctions and banking restrictions on Moscow.
Others, however, are said to be skeptical about whether Trump – who has repeatedly said he wants to meet with Russian President Vladimir Putin to settle the Ukraine conflict – has an appetite for drastic measures.
At the Istanbul meeting, discussions included ceasefire options, a prisoner exchange, and plans for a potential follow-up meeting. Vladimir Medinsky, Russia’s top negotiator, said Moscow is “satisfied” with the results of the Istanbul talks and is ready to “resume contacts” with Kiev.
Russia has stated that the Ukraine conflict could be settled if Kiev commits to permanent neutrality, demilitarization, denazification, and recognizes the “territorial reality on the ground.” Kiev, however, has ruled out any territorial concessions to Moscow.
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Site: Catholic ConclaveFoyers de Charité: 200 "victims or problems" out of 1,000 members?Natalia Trouiller, a former journalist at La Vie and former communications manager for the Diocese of Lyon, who has become a specialist in supporting victims of sexual violence in the Church, focuses in a thread on yet another community emerging from the French Charismatic Renewal and plagued by problems of control, mystical fraud,Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
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Site: AsiaNews.itToday's news: Indian authorities abandoned 40 Rohingya at sea after being detained in New Dheli. In South Korea, former President Yoon leaves the PPP in an attempt to help candidate Kim Moon-soo back in the polls. The Indonesian navy seized a ship with $425 million worth of methamphetamine and cocaine. No truce and agreement on hostages from Ukraine and Russia's meeting in Istanbul
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Site: Catholic ConclaveBlessing Gives Strength to LoveBlessings for Couples Who Love Each OtherHandbook for PastorsIn front of Cologne CathedralResolution Text of the Joint Conference of April 4, 2025"The Church wishes to proclaim the message of the God-given dignity of every person in word and deed. This message guides her dealings with people and their partnerships. Therefore, she recognizes and offers support to Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
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Site: AsiaNews.itAs the parodies of peace negotiations between Russia, Ukraine and America continue—most recently marked by the failed attempt to bring Putin and Zelenskyy together in Istanbul—Pope Leo XIV has directed an appeal to the Christians of the East:'Who more than you can sing words of hope in the abyss of violence'
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Site: Mises InstituteIs the Federal Reserve truly independent? Jonathan Newman uncovers the myths behind the 1951 Treasury-Fed Accord.
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Site: Mises InstituteRon Unz critically reassesses the established narrative of World War II.
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Site: Mises InstituteWith the resurrection of Saudi Arabia's Jeddah Tower project set for completion around 2027, could another global economic crisis be imminent?
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Site: The Unz ReviewEarlier this year a group of patriots peacefully marched in Adelaide singing Waltzing Matilda on Australia Day – only to be shut down and arrested by the police. On the same day, there was an anti-Australia, antiwhite rally being held with chants of “Death to Australia” deemed perfectly legal. The march made national news but...
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Site: The Unz ReviewIn the outcome, it’s the old story come true again. That’s the one in which Tarquin, the ancient Roman king, wanted the Cumaean Sybil to sell him the nine books of prophecies known as the Sybilline Oracles. When the king dismissed the Sybil’s price for the nine, she burned three and asked the same price...
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Site: The Unz ReviewDespite ferocious opposition from politicians, antifa, and the media, the first European Remigration Summit — ReSum25 — was a smashing success. Speakers included some of the biggest names in European nationalism, and the audience of some 300 people was overwhelmingly young, enthusiastic, and by all appearances, deeply committed to the cause of our people and...
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Site: RT - News
France is attempting to undermine the will of the voters, George Simion has said
France has been trying to subvert democracy in Romania, Euroskeptic presidential candidate George Simion has said ahead of Sunday’s runoff vote.
Simion, a critic of the EU who has been banned from entering Ukraine, won the first round of the presidential election rerun on May 4 with more than 40% of the vote.
The rerun was held after Romania’s Constitutional Court annulled the results of a vote held in November, in which independent right-wing candidate Calin Georgescu came first with 23%.
The authorities cited “irregularities” in his campaign, as well as intelligence reports alleging Russian interference in the election – claims Moscow has strongly denied. Simion, the leader of the right-wing Alliance for the Union of Romanians, has backed Georgescu and said he could appoint him prime minister if elected.
In an interview published on Friday, entrepreneur Mario Nawfal asked Simion if he had received “indirect or direct threats” from abroad. Simion alleged that Paris was working behind the scenes to pressure Romania’s top court, media regulator, and businesses.
“They are putting a lot of money and pressure – through their ambassador here, and through foreign institutions – in order to rob the Romanian people of their vote,” he said.
Read moreRomanian PM resigns after anti-EU nationalist takes election lead
Simion drew a parallel with the recent decision by a French court to bar veteran conservative politician Marine Le Pen from the 2027 presidential election due to an embezzlement conviction.
“I want to address the free French people against this authoritarian [President] Emmanuel Macron, who doesn’t have the support of the French people, who banned Marine Le Pen, who is supporting the idea of imposing a dictatorship [in Romania] and canceling the will of the people,” Simion said.
He denounced the invalidation of the 2024 election results in Romania as a “coup d’état,” and claimed there were similar “evil plans” being made against him.
“The Romanian people were humiliated with the annulment of the election,” Simion said, vowing to resist foreign pressure. “We don’t have masters. The age of empires is over. We are free, sovereign nations. And these imperialistic reflexes Emmanuel Macron and others have will only backfire.”
The French ambassador to Bucharest, Nicolas Warnery, claimed that Romania experienced a “hybrid attack” in 2024. “We understand your decision to completely restart the presidential election from scratch,” he told Digi24 earlier this month.
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Site: Zero HedgeNational Police Week: A Tribute To Our Law Enforcement HeroesTyler Durden Fri, 05/16/2025 - 23:30
Authored by Rep. Elise Stefanik via RealClearPolitics,
This National Police Week, we pause to honor the men and women who put their lives on the line every day to protect our communities. We remember the brave officers who made the ultimate sacrifice in the line of duty, and we express our deepest gratitude to those who continue to serve with unwavering dedication. It is an important moment to reflect on the courage, sacrifice, and selflessness that law enforcement officers demonstrate daily, particularly in Upstate New York and across our great state.
To the law enforcement officers of Upstate New York, the North Country, and everywhere else across our nation: Thank you. Your service does not go unnoticed, and your commitment to keeping our communities safe is deeply appreciated. I stand with you, and I will continue fighting for policies that prioritize the safety of our communities, ensuring that you have the resources and support needed to do your vital work.
In these challenging times, it’s crucial that we stand up for those who serve us. While the far left continues to push anti-police rhetoric and policies that put our officers in dangerous positions, it’s more important than ever to back the blue. The far-left “Defund the Police” movement and the dangerous rise of anti-police sentiment threaten the very fabric of our communities. Our law enforcement officers are the backbone of our safety and security, and they deserve the respect, resources, and protection to do their jobs effectively. Their hard work ensures that law-abiding citizens can live in peace, free from fear.
Unfortunately, many on the left in Albany, Washington, and across the nation are taking law enforcement for granted. Policies like reckless bail reforms and calls to defund the police only endanger our communities. It’s time we recognize the critical role our officers play in public safety and stop allowing radical left movements to jeopardize their ability to serve and protect.
During my tenure in Congress, I have worked tirelessly to provide officers with the resources, training, and recognition they deserve. I introduced bills aimed at bolstering funding for police departments, improving officer safety, and enhancing mental health services for law enforcement personnel. I also have been a vocal proponent of holding criminals accountable while ensuring that police officers have the necessary protections to do their jobs without fear of unjust retribution.
In Upstate New York, we are fortunate to have some of the most dedicated law enforcement officers in the country. Their work has resulted in our district having one of the lowest crime rates in the nation.
I’m proud to stand with them and will always fight for policies that support law enforcement and keep our communities safe.
National Police Week may only last seven days, but the gratitude and respect we owe to our men and women in blue should echo every single day. Thank you to our heroes in uniform, and may we continue to support and protect them in their mission to safeguard us all.
Republican Elise Stefanik represents New York’s 21st District in Congress.
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Site: Zero HedgeRussian-Born Harvard Scientist Detained By US Charged With Smuggling Clawed Frog EmbryosTyler Durden Fri, 05/16/2025 - 22:30
Authored by Katabella Roberts via The Epoch Times (emphasis ours),
A Russian-born scientist and research associate at Harvard University has been arrested and charged with allegedly attempting to smuggle clawed frog embryos and embryonic samples into the United States, the U.S. Attorney’s Office for the District of Massachusetts announced on May 14.
Kseniia Petrova, a Russian-born scientist who was a researcher at Harvard University, in April 2025. Polina Pugacheva via AP
Kseniia Petrova, 31, was charged with one count of smuggling goods into the country.
If found guilty, she faces up to 20 years in prison, five years of supervised release, and a fine of up to $250,000.
The charges were announced just hours after a federal judge in Vermont heard arguments in a lawsuit Petrova filed against the Trump administration alleging she has been unlawfully detained at an immigration detention center in Louisiana for months.
She was transferred out of the custody of Immigration and Customs Enforcement (ICE) to a nearby Louisiana parish jail shortly after being charged.
An initial hearing in her criminal case has been set for May 15.
Petrova, a Russian national, was first taken into immigration custody on Feb. 16 after arriving at Logan International Airport in Boston following a trip to Paris.
According to prosecutors, she was stopped by Customs and Border Protection agents after her checked duffle bag was flagged for inspection, revealing biological items including a foam box containing clawed frog embryos in microcentrifuges, as well as embryonic samples in paraffin well stages and on mounted dyed slides.
Such biological products must be declared and require a permit to be brought into the country.
Prosecutors said that Petrova initially denied carrying such material in her baggage but acknowledged she had biological specimens when asked again.
She was then advised that she was ineligible for entry to the United States, at which point prosecutors say she agreed to willingly withdraw her application for admission, prosecutors said.
The Trump administration has indicated it plans to deport her back to Russia.
Lawyer Says Case Is ‘Meritless’
Petrova said she fled Russia after it invaded Ukraine in February 2022 to avoid conflict or possible political repression. She added that she fears she will be imprisoned if she returns because of her political views.
Her lawyer, Gregory Romanovsky, called the case against his client “meritless” and questioned the timing of the charges being announced, noting she was transferred into criminal custody after the judge in her lawsuit set a May 28 bail hearing to consider releasing her.
“The charge, filed three months after the alleged customs violation, is clearly intended to make Kseniia look like a criminal to justify their efforts to deport her,” he said.
During an interview under oath, Petrova allegedly claimed to be unsure that she was required to declare biological material when entering the country, prosecutors said.
However, prosecutors said text messages on her phone from an individual identified as one of her colleagues informed her that she was required to declare the biological material.
They alleged that in response to one text message asking how she planned to get through customs with the biological samples, Petrova said: “No plan yet. I won’t be able to swallow them.”
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Petrova’s case has drawn criticism from Democrats, including Massachusetts Attorney General Andrea Joy Campbell, who filed an amicus brief on May 12 opposing the government’s efforts to dismiss her petition for release.
The brief states that Petrova had been conducting critical research on degenerative diseases at Harvard under a valid J-1 visa prior to her detention 10 weeks ago.
“Ms. Petrova’s case is not an isolated incident—this is just the latest example of the Trump Administration’s reckless and cruel misuse of power to punish and terrorize non-citizen members of the academic community,” Campbell said. “I will continue to fight to defend the rights of our international students and faculty, who meaningfully contribute to the academic and economic success of our communities.”
The U.S. Attorney’s Office for the District of Massachusetts said Petrova was recently employed by the Institute of Genetic Biology in Moscow from 2023 to 2024 and previously served as a bioinformatician of genetic disorders at the Moscow Center for Genetics from 2016 to 2023.
Harvard University said in a statement that it “continues to monitor the situation.”
The Epoch Times has contacted Petrova’s attorney for further comment.
The Associated Press and Reuters contributed to this report.
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Site: RT - News
The US president has once again called Vladimir Zelensky “the greatest salesman in the world”
US President Donald Trump has said he was concerned that billions of dollars were being wasted on aid to Ukraine.
In an interview aired on Friday, Fox News host Bret Baier asked Trump whether he believes Russian President Vladimir Putin is an “obstacle to peace” between Moscow and Kiev. Trump instead directed criticism at Ukrainian leader Vladimir Zelensky.
“I had a real rough session with Zelensky because I didn’t like what he said. He was not making it easy. And I always said he doesn’t have the cards,” the US president said.
He went on to slam the aid sent to Kiev by his predecessor, former President Joe Biden. “The money is the money. What bothered me – I hated to see the way it was, you know – excuse me – pissed away. I hated to see the cheques for $60 billion,” Trump said. “I think Zelensky is the greatest salesman in the world, far better than me. He comes to Washington – he walks out with a hundred million every time.”
“Congress is very upset about it. You know, they’re saying, where is all this money going?” Trump added. He went on to say, however, that Zelensky’s ability to lobby for American aid has been “shrinking” over time.
Read moreUkraine won’t survive a decade of conflict – Zelensky
The US has provided around $128 billion to Ukraine since 2022, including $66.5 billion in military assistance.
Although Trump has criticized both Zelensky and Putin in the past, he has mostly blamed Ukraine and the Biden administration for the ongoing conflict with Russia.
During a heated exchange in the Oval Office in February, Trump accused Zelensky of being ungrateful for US support and claimed the Ukrainian leader was “gambling with World War III.”
He has since softened his rhetoric toward Ukraine and has threatened to impose further sanctions on Moscow if no peace deal is reached.
Russia and Ukraine held their first direct talks in three years in Istanbul on Friday. The head of Russia’s negotiating team, Vladimir Medinsky, said the two sides had agreed upon a major prisoner swap involving 1,000 POWs from each side, as well as continuing contacts once each side has prepared a detailed ceasefire proposal.
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Site: Zero HedgeHouse Considers Universal De Minimis Ban As Fees On China Parcels EaseTyler Durden Fri, 05/16/2025 - 22:00
By Eric Kulisch of FreightWaves
The Trump administration this week rolled back the duty for small-dollar shipments from China and Hong Kong as part of tariff deescalation with China, while a House committee advanced legislation to permanently end the duty-free “de minimis” exemption from all countries.
President Donald Trump’s executive order lowering new 145% tariffs on Chinese goods to 30% for 90 days represents a reprieve for popular Chinese shopping platforms and other e-tailers that ship parcels directly from the factory to individual shoppers. E-commerce orders and airfreight shipments plummeted after the U.S. government on May 2 rescinded duty-free treatment for low-value goods, subjecting them to the same duties imposed on all Chinese products.
Before then, U.S. trade law allowed an individual each day to import goods valued at $800 or less and use an informal entry process. The rule helped fuel cross-border shipping from Chinese shopping platforms direct to consumers. About two-thirds of all packages entering the country through the de minimis channel are from China.
The executive order also proactively lowered fees for low-value shipments from China sent through the international postal system. Postal shipments under $800 are now subject to a 54% tariff instead of 120%. Carriers can opt instead to pay $100 per postal item containing goods. Monday’s order canceled a June 1 increase to $200 for the flat fee.
The revised fees still present a significant cost increase, but the pause provides retailers time to adjust operations.
Logistics professionals say shipping rates could rise as businesses rush to order goods before the next deadline. Trade publication Modern Retail reported that fast-fashion retailer Shein on Wednesday announced price reductions for U.S. customers following the relaxation of de minimis rules on Chinese imports. Shein had raised prices and cut U.S. advertising after the change in de minimis rules sharply increased delivery costs.
The publication also said that Temu had resumed selling nondomestic items to U.S. customers.
Momentum builds to turn off de minimis
Congress a decade ago increased the de minimis ceiling from $200 to $800 as a way of helping small businesses with an online presence take advantage of international trade. But attitudes began to change when huge Chinese sellers like Temu, Shein and Alibaba flooded the trade facilitation program to minimize costs, putting a strain on U.S. Customs and Border Protection’s ability to cross-check shipments for trade, consumer safety or security compliance.
Critics say the exemption creates a conduit for criminals to smuggle goods with little scrutiny, gives overseas merchants an advantage over retailers that source domestic products and results in billions of dollars in uncollected tariff revenue.
CBP last year processed an average of more than 4 million de minimis imports per day but says the minimal information supplied on the informal entry makes it difficult to identify and interdict illegal drugs such as fentanyl, as well as counterfeit products and other contraband. It also has found cases of importers misclassifying and undervaluing goods, and misdelivering goods before they are officially released from CBP custody.
The U.S.-China Economic and Security Review Commission in December recommended that Congress eliminate de minimis eligibility for imports sold through online marketplaces.
On Tuesday, the House Ways and Means Committee approved a massive tax bill, which includes Trump’s tax priorities and a provision that would permanently end de minimis for commercial shipments from all countries by July 1, 2027.
“As the bill makes its way through the legislative process, we strongly support a more aggressive timeline to implement a permanent ban on de minimis globally given its significant harm to manufacturers, retailers, and the fight against fentanyl and other illegal products. Express shippers have already transitioned to processing all Chinese imports through sophisticated logistics systems, demonstrating their ability to comply with the president’s executive orders and pivot quickly,” said Kim Glas, president of the National Council of Textile Organizations, in a statement.
Meanwhile, other efforts are in progress to curb the use of de minimis entries.
Customs and Border Protection is developing a new rule, proposed in the waning days of the Biden administration, that would require certain shippers to electronically submit additional data elements on low-value consignments prior to arrival and would remove de minimis eligibility for imports subject to certain tariffs.
The White House has said it plans to use emergency powers to delete the de minimis exception once systems are in place to collect duties from millions of parcels per day, including ones sent through postal channels.
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Site: Zero HedgeHow Legal Immigration Is Keeping Farms AfloatTyler Durden Fri, 05/16/2025 - 21:30
Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours),
LAKE VILLAGE, Ark.—On a breezy day, sun and shadow dance across Mencer farms, turning it into a patchwork of green in the fertile Arkansas Delta.
It is humid here in the deep South, where the clock seems to run slower and the temperature hotter than in other places.
Joe Mencer, owner of Mencer Farms in Lake Village, Ark., on April 29, 2025. Samira Bouaou/The Epoch Times
Lake Village is a small town sitting along Lake Chicot, an abandoned channel of the Mississippi River. Over thousands of years, flooding deposited rich alluvial soil, making it ideal for crops such as rice, cotton, soybeans, and corn.
As a child, William Mencer’s grandfather handed him a cowboy hat and a garden hoe to dig up the pigweeds growing between the crop rows.
The 31-year-old farmer remembers spending long, sweltering days alongside the farmworkers, his hands growing rough and calloused with the effort.
“So I learned, you know, what it was like for these workers,” he told The Epoch Times.
He vowed to escape the sweat and toil of the fields by going to law school and working in an office. But the family farm drew him back like a love song.
Now he is partnering with his father, Joe Mencer, to keep the farm afloat with temporary agriculture workers through the H-2A visa program.
The fourth-generation family farm, which costs $4 million per year to operate, includes 6,000 acres that they own and lease.
While some may claim agriculture needs illegal immigrants to pick crops and work the fields, Joe Mencer told The Epoch Times that they’ve never had an illegal immigrant come looking for work.
They can’t get anyone local to work either, meaning that if they didn’t have the guest farm workers, they couldn’t stay in business.
What Is the H-2A Visa?
It costs more to bring in temporary legal workers than it would if they could find enough people locally to work. But without temporary migrant workers, William Mencer said local farms would go bust, affecting the nation’s food security.
The process has become much more complex since the Mencers began using the guest worker program back in the 1980s.
So much so that the younger Mencer started a small law practice helping other farmers obtain the labor they sorely needed.
He also shares his knowledge with other farmers as a member of the Arkansas Farm Bureau.
The process of hiring workers through the program, sometimes called a guest worker program, starts early in the year for the Mencer family.
William Mencer, who works on his fourth-generation family farm, at Mencer Farms in Lake Village, Ark., on April 29, 2025. He partners with his father to keep the farm running with the help of temporary agricultural workers through the H-2A visa program. Samira Bouaou/The Epoch Times
The paperwork needs to be filed 60 to 75 days before their start date, which is mid- to late-February, he said.
It costs as much as $5,000 to bring in several guest workers from Mexico to the United States, he said, noting that the cost doesn’t include the housing and transportation provided to the workers.
Most return home in mid-December, but they are eligible to stay for up to three years in certain situations when agricultural work is available.
The program requires the Mencers to advertise their farm jobs locally before they can be given to guest workers.
Joe Mencer, 65, noted that the rules call for him to fire any foreign worker he’s brought over if an American shows up and wants the job.
Tangled in Red Tape
The process to petition for workers with the U.S. Citizenship and Immigration Service is antiquated, with all communications taking place via mail, according to William Mencer.
The government does not offer online services, email, or a phone number. If there’s a problem, then the farm’s labor source is jeopardized because of the lack of communication, he said.
“Sometimes things get lost in the mail. You know, literally,” he said.
One of his client’s petition paperwork didn’t arrive in the mail. So they filed a claim for the lost package and resubmitted the paperwork.
This time, the paperwork made it to the Dallas office, but the postal carrier found the original package and shipped it, too.
With both petitions filed with the government, it almost took an act of Congress to clear it up.
The younger Mencer sent a letter explaining what happened with the evidence to the government officials, just like he would in court, but the office didn’t respond.
He enlisted the help of his congressman to clear things up. By the time it was all done, his client was behind by a month in getting guest workers.
It makes him wonder if the difficulty and red tape is “by design.”
Joe Mencer, owner of Mencer Farms in Lake Village, Ark., on April 29, 2025. The Mencer family began using the H-2A visa program in the 1980s to bring in foreign workers. The program, often called the guest worker program, requires employers to first advertise farm jobs locally before hiring foreign labor. Samira Bouaou/The Epoch Times
The workers are so important that the Mencers keep them busy even when the weather is bad, although it doesn’t help their bottom line.
When there’s no field work, they cut firewood for use in the winter months.
Joe Mencer said he realized a few years back that his son’s law degree would be helpful on the farm, especially given the increasing complexity of the H2A visa program.
Guest Worker Success
The Mencers said their farm couldn’t operate without H-2A visa workers, although the labor cost is higher than using local workers.
Farmers’ margins are already slim because of increased production costs for fertilizer, herbicides, seed, and fuel.
José Mondragon, who started as an H-2A visa worker, is now a green-card holder. He has worked for the Mencer family for nearly 30 years.
Others, such as Gabino Mondragon (no relation to José Mondragon) are H-2A visa holders who have only been working at the farm for a few years.
José Mondragon lives with his wife in a little house on the farm surrounded by flowers and trees. The 57-year-old has deep roots in the land, even serving as a pallbearer when Joe Mencer’s father passed away.
In late April, he operated a self-driving orange Case Magnum row crop tractor, which plowed the earth between the corn rows to improve irrigation.
José Mondragon said he’s seen American workers quit after two or three months, long before the crops are harvested in the fall. The lack of local workers can open the door for temporary visa workers, which is good for everyone, he said.
“The people [are] asking us if we have some opportunities to come with my boss, and we say we will ask him,” he said.
José Mondragon said some people come to the United States illegally because they get into trouble with the law back home or to escape the cartels. Others come to make more money to help support their families in their native countries.
Workers from Mexico make $14.83 per hour on the Mencer farm as legal workers, with the wage set by the government for each state.
Green card holder Jose Delores Mondragon operates a tractor at Mencer Farms in Lake Village, Ark., on April 29, 2025.
José Mondragon said human smugglers, known as coyotes, charge people big money to cross the southern border illegally.
Gabino Mondragon has been working at the Mencer farm on a guest visa for two years. He is experienced at running a spreader for nitrogen fertilizer for corn. One truckload of fertilizer can cost $20,000, according to William Mencer, so having a skilled operator is critical.
Gabino Mondragon believes that more people in Mexico would like to apply for an H-2A visa. Still, if they are caught coming into America illegally, they won’t be eligible unless they get a waiver. It would depend on their record.
The Mencers brought Gabino Mondragon’s family over on an H-4 visa so they could live close by while he worked.
The H-4 nonimmigrant visa allows the spouse and unmarried children younger than 21 years of age to accompany the primary visa holder to the United States.
It’s also an excellent opportunity for Gabino Mondragon’s family because his children are going to school and learning English.
“If our people are happy, it just reinforces that it’s a good thing for everybody,” William Mencer said.
Hanging by a Thread
The high cost of labor, diesel, and chemicals is making it extremely difficult for family farms to stay in business, according to William Mencer.
“We’ve been in four or five really bad years now,” he said.
Some farmers are faced with losing their farms to foreclosure by banks over crop production loans, finding a different line of work, or selling out.
Read the rest here...
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Site: Zero HedgeFederal Contract Activity Slows As DOGE's Cost-Cutting Measures Take EffectTyler Durden Fri, 05/16/2025 - 21:00
President Donald Trump and Elon Musk's DOGE (Department of Government Efficiency) have exposed widespread federal waste and mismanagement that Congress long ignored. Despite the existence of oversight bodies like the Government Accountability Office, it took an executive order to uncover billions of dollars in egregious federal waste.
DOGE's drive to cut waste and root out fraud in the bloated federal bureaucracy has already resulted in nearly 300,000 job cuts and an estimated $160 billion in savings. As detailed in our series of reports, DOGE's actions are delivering tangible results—helping to reduce the nation's overall funding requirements.
The debt-fueled spending spree under the Biden-Harris regime placed the nation on a crash course to financial ruin—but recent corrective actions by the Trump administration and DOGE, for now, have helped steer the trajectory away from a financial crisis.
Readers may recall some of those tangible DOGE-related results:
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US Treasury Unexpectedly Reports Sharp Drop In Debt Borrowing Needs, Rates Slide
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US Treasury Shocks With Second Biggest Budget Surplus In History
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Jobless Claims Jumped Last Week As 'DOGE Actions' Spark Biggest YTD Layoffs Since 2020
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Is DOGE Starting To Work? 'Deep TriState' Jobless Claims Surged Last Week
Some progresshttps://t.co/hNCBVYB4YV
— Elon Musk (@elonmusk) April 11, 2025Everything outlined above points to a solid start for DOGE, which has already uncovered hundreds of billions in waste, fraud, and abuse. However, that progress could be undone unless Congress moves to lock in those spending cuts through the reconciliation bill.
DOGE has identified hundreds of billions of dollars of waste, fraud, and abuse, but unless Congress makes those spending cuts permanent through the reconciliation process, all that work will have been for nothing.@Paul_S_Mullen pic.twitter.com/7Y8j4T5ehJ
— Heritage Foundation (@Heritage) May 5, 2025Another measure of DOGE's early success is the 20.5% reduction in non-defense federal obligations compared to 2024 levels—a decline that signals reduced future cash outlays as these obligations come due.
"Persistent government-wide contract reviews for wasteful spend, consistent with the DOGE Cost Efficiency Executive Order, are bearing fruit," DOGE's official X account wrote.
Adding to the visible signs of progress, Goldman chief economist Jan Hatzius, along with analysts Alec Phillips and others, noted Thursday that cash withdrawals from the Treasury General Account across several federal agencies continue to fall below 2023 and 2024 levels—yet another encouraging sign of success.
Also, new monthly federal contract obligations have sharply slowed under DOGE after four years of large spikes under the Biden-Harris regime.
"Notably, new federal contracts data has undershot trend in recent months and stood at $18.2bn in April (compared to $31.1bn in April 2024). Total government grant awards remain stagnated at Inauguration Day levels," the analysts said.
More color here.
However, Hatzius and his team noted that year-to-date cash withdrawals from the Treasury General Account remain $123 billion above 2024 levels.
The early results of DOGE mark a shift in federal accountability. In just months, DOGE has uncovered hundreds of billions in waste, slashed nearly 300,000 federal jobs, and driven $160 billion in savings. Yet why did it take an executive order from the president to have a group take a deep dive into how federal agencies spend their money?
But this progress is not guaranteed. Without congressional action to lock in these cuts through reconciliation, the swamp remains open for the bureaucratic bloat to return. The message is clear: DOGE is working, but can only be sustained through political action.
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Site: Zero HedgeJordan's King Warned US Against Assassinating Syria's Sharaa Before Trump Meeting
Jordan’s King Abdullah II warned the US against assassinating President Ahmed al-Sharaa before the new Syrian leader met with President Donald Trump, a US senator said on Thursday.
The remarkable statement by a US senator reveals the deep hostility toward Sharaa in some circles of the Trump administration. It reaffirms Trump's own statements that he has been lobbied directly by foreign leaders to give Sharaa a chance, while his own advisors are skeptical.
"I have been concerned by some rumors that I have heard in…some foreign policy circles of the administration that one option that’s been suggested is assassinating the new leader of the Syrian government, Ahmed al-Sharaa," Democratic Senator Jeanne Shaheen said in a Senate hearing on Thursday.
US Senator Jeanne Shaheen, via AP
According to Shaheen, Jordan’s King Abdullah II heard about the alleged discussions to assassinate Sharaa and warned against it.
“One of the things that was pointed out to us by King Abdullah was that a change in leadership of that kind would create an all-out civil war in Syria. That would not be good to take advantage of the opportunity we have to move that country forward,” Shaheen said.
Shaheen met with King Abdullah in Washington, DC, in May, suggesting that those discussions may have taken place just before Trump cancelled sanctions on Syria and met Sharaa. Shaheen made the remarks during her questioning of Joel Rayburn, Trump’s nominee for undersecretary of state for the Near East, the top Middle East position in the State Department.
The admission by Shaheen is remarkable, given the events of this week. Trump surprised his own senior officials and Israel by announcing he was lifting all sanctions on Syria. Trump then held a meeting with Sharaa in Riyadh on Wednesday.
Speaking to reporters on Air Force One after the meeting, Trump showered praise on Sharaa, saying he was a “young, attractive guy. Tough guy. Strong past. Very strong past. Fighter”.
Asked to comment on the assassination "option", Rayburn replied, “I’m not familiar with efforts like that, but that's clearly not in line with the president's intention…or his description of Sharaa in the past couple of days.”
Blindsided
Trump’s decision to remove all US sanctions on Syria, going back to 1979, was met with thunderous applause in Riyadh, but has annoyed members of the US government. Some in the US State Department who have advocated for sanctions relief also felt sidelined.
It must have been a tense meeting yesterday in Damascus between HTS chief Jolani and the head of Iraqi intelligence. Especially for the Iraqi delegation a hard pill to swallow as Jolani before his time in Syria was in Iraq with Zarqawi blowing up Iraqis. pic.twitter.com/mojl2jTmEd
— Jenan Moussa (@jenanmoussa) December 27, 2024Just a few days before the announcement, the State Department’s Syrian advisors were briefing foreign counterparts that the Trump administration was set to keep sanctions on the new government in Damascus, one regional official told Middle East Eye.
Meanwhile, hardline members of Trump’s National Security Council have told counterparts privately that they would try to drag out the sanctions relief process to obtain concessions from Sharaa, one current and one former US official told MEE.
Democratic Senator Chris Murphy warned on Thursday about members of Trump’s administration working to “undermine” his decision. Rayburn’s hearing was notable because he was seen as hard line on Syria when he served as envoy to the country during Trump’s first term in office.
“I support the President’s goals and his initiative as he laid out,” Rayburn said. “It offers a golden opportunity to turn the page…the president is taking a bold move…he has expectations.”
The White House says it wants Sharaa to expel Palestinian fighters and foreign fighters from Syria, and combat the Islamic State militant group. Trump also said he discussed Syria normalizing ties with Israel. "I told him, 'I hope you’re going to join when it’s straightened out.’ He said, ‘Yes.’ But they have a lot of work to do," Trump said, according to a White House pool report.
Sharaa was the commander of Hayat Tahrir al-Sham or HTS, an Islamist group which toppled the decades-long Assad dynasty in December 2024. Sharaa participated in the Iraq insurgency after the US’s 2003 invasion and served time in a US prison. He once pledged allegiance to al-Qaeda.
The Biden administration removed a $10m bounty on Sharaa's head in early 2025, but he is still designated a "global terrorist". That designation is likely to be removed now, given Trump's order, experts say.
Sharaa’s closest foreign ally is Turkey, but his country has also been moving towards the Gulf states. On Tuesday, Trump told the world he was asked to remove sanctions and had two advocates to credit, President Recep Tayyip Erdogan in Turkey and Saudi Crown Prince Mohammed bin Salman.
The UAE has been holding indirect talks between Israel and Syria to de-escalate tensions. Israel has been striking Syria for months and occupies a swath of southwestern Syria. The Trump administration lobbied Israel and Turkey to enter deconfliction talks in Syria earlier this year.
Ali al-Rifai, director of public relations in Syria's information ministry, was asked by Kan News after Trump’s announcment about the prospect of his country joining the Abraham Accords, the agreement curated by Trump in 2020 that saw a number of Arab countries recognise Israel. “Peace with everyone, without exception,” he responded.
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Site: RT - News
The US president says he will impose new restrictions if Moscow fails to reach a peace deal with Kiev
US President Donald Trump has said Washington will impose new sanctions on Russia if it fails to reach a peace settlement with Ukraine. His remarks came shortly after the two countries held their first direct negotiations since 2022.
In an interview aired on Friday, Fox News anchor Bret Baier asked Trump whether he would introduce new sanctions on Moscow. “Honestly, I will if we’re not going to make a deal,” the president said. “Nobody uses leverage better than me.”
Trump added that the US would assess the outcome of Friday’s Russia-Ukraine talks in Istanbul. “We’ll see what happens. It will be crushing for Russia because they’re having a hard time with the economy,” he claimed. He also argued that his plan to boost domestic oil production would lower global prices, undermining Russia’s energy exports.
Read moreUkraine conflict could have ended in weeks – Russia’s top negotiator
Trump claimed that Russian President Vladimir Putin is “tired” from the conflict and said he would schedule a meeting with him sometime in the future. “I have a very good relationship with Putin. I think we’ll make a deal. We have to get together.”
As Trump has been trying to broker a deal between Russia and Ukraine, a group of senators led by Lindsey Graham has drafted a bill to impose sanctions on Moscow and levy tariffs on countries that purchase Russian oil, gas, and uranium.
The head of Russia’s negotiating team in Istanbul, Vladimir Medinsky, said the two sides had agreed upon a major prisoner swap involving 1,000 POWs from each side, as well as continuing contacts once each side has prepared a detailed ceasefire proposal.
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Site: Zero HedgeThe Rise And Fall Of Synthetic Food DyesTyler Durden Fri, 05/16/2025 - 20:00
Authored by Marina Zhang via The Epoch Times (emphasis ours),
In 1856, 18-year-old chemist William Henry Perkin was experimenting with coal tar-derived compounds in a crude laboratory in his attic.
His teacher, August Wilhelm von Hofmann, had published a hypothesis on how it might be possible to make a prized malaria drug using chemicals from coal tar, and as his assistant, Perkin was hoping that he would be the one to discover it.
Illustration by The Epoch Times, Shutterstock
The experiment was a failure. Rather than the prized drug, Perkin created a thick brown sludge. However, when he went to wash out the beakers with alcohol, it left behind a bright purple residue.
The residue became the world’s first-ever mauve synthetic dye.
Before the invention of synthetic dyes, people obtained dyes through organic materials such as plants, clay, minerals, or certain animals such as insects and squid.
Natural dyes such as those from clay tended to fade quickly, and those that were long-lasting, such as natural indigo dyes, required an arduous extraction process that made them expensive.
However, Perkin’s mauve dye was stable and easy to make.
Mauve dye became an instant hit in the UK and globally. Consumers were seized by “mauve measles.” Everyone wanted a piece of it, including Queen Victoria, a fashion icon at the time who ordered mauve gowns, hats, and gloves.
Perkin’s discovery and commercial success prompted chemists in Europe to find more dyes in coal tar; magenta was discovered in 1858, methyl violet in 1861, and Bismarck brown in 1863.
Synthetic dyes would soon be added to everything—clothing, plastics, wood, and food.
The rapid innovation was not without consequences. Many dyes were found to be harmful within decades of discovery. More than a century later, the United States recently announced the removal of synthetic dyes from food.
Dyes in Food
For centuries, people have colored food to make it appear more appealing. Butter, for example, is not always yellow. Depending on the cattle feed, breed, and period of lactation, the color of butter can fluctuate seasonally, from bright yellow in the summer to pale white in the winter.
“Dairy farmers colored butter with carrot juice and extracts of plant seeds, called annatto, to give them a uniform yellow all year round,” Ai Hisano, an associate professor at the University of Tokyo specializing in cultural and business history, wrote in the Business History Review.
Butter is made at a factory in a biological treatment plant in Albertville, France, on April 26, 2016 (L); Butter melts on toast. Jean-Pierre clatot/AFP via Getty Images, Scott Olson/Getty Images
Natural colors, unlike artificial ones, are susceptible to changing pH, temperature, and moisture. They can change in hue and intensity, and yellows can become pale.
The practice of mass coloring and striving for uniformity likely emerged as a result of industrialization in the late 19th century, when packaged and processed foods became widely available, according to Hisano.
“Mass production and industrialization required easier, more convenient ways of making food, and using coal-tar dyes was one of the solutions for creating more standardized food products,” Hisano told The Epoch Times.
Since packaged foods lose freshness, they may lose color or look less natural. So previously, some companies would add compounds such as potassium nitrate and sodium sulfites to products such as meats to preserve their color. These compounds were relatively harmless.
More lurid examples include toxic metals such as lead used to color cheese and candies. Copper arsenate was added to pickles and old tea to make them look green and fresh, and reports of deaths resulted from lead and copper adulteration.
Dye companies started producing synthetic food dyes in the 1870s. Food regulation began in the 1880s. The Bureau of Chemistry, a branch of the Agriculture Department that would later become the Food and Drug Administration (FDA), looked into food adulteration and modification.
Dairy products such as butter and cheese were the first foods authorized by the federal government for artificial coloring.
Just as synthetic food dyes are a prime target of current Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Martin Makary, they weren’t popular with Bureau of Chemistry head Harvey Wiley, who wrote in 1907, “All such dyeing materials are reprehensible, both on account of the danger to health and deception.”
Despite Wiley’s criticisms, by the time his book “Foods and Their Adulteration” was written, practically all the butter on the market was artificially colored.
“The object of coloring butter is, undoubtedly, to make it appear in the eyes of the consumer better than it really is, and to this extent can only be regarded as an attempt to deceive,” Wiley wrote, arguing that if the cows were properly fed during winter, they would naturally produce butter of the appealing yellow shade.
“The natural tint of butter is as much more attractive than the artificial as any natural color is superior to the artificial.”
The FDA
The previous year, in 1906, Congress passed the Food and Drugs Act, prohibiting the use of poisonous or dangerous colors in food. The FDA was formed on the same day the bill was made into law.
After the prohibition, the FDA approved seven synthetic food dyes—most of which would be banned in the 1950s after new animal studies indicated their toxic effects.
However, the FDA has always given greater scrutiny to synthetic dyes than to natural ones. Synthetic food dyes must be given an FDA certification before they can be used, but there is no requirement for natural dyes. While the FDA regulates synthetic dyes as a food additive, natural dyes can be regulated as generally recognized as safe, which is a less stringent authorization procedure.
In 1938, new laws were passed requiring all food dyes, whether synthetic or natural, to be listed on product labels.
By the 1950s, as oil and gas replaced coal as the main sources of energy, food dyes were no longer made with coal tar derivatives; they were made with petroleum-based compounds instead.
These new petroleum-based food dyes are considered very similar in composition and chemistry to their earlier coal tar counterparts, food scientist Bryan Quoc Le told The Epoch Times.
“Petroleum is cheaper, safer, and available in greater quantities,” he said.
The use of synthetic food dyes has been steadily increasing every decade. Data based on FDA dye certification suggest that food dye consumption has increased fivefold since 1955.
A 2016 study estimated that more than 40 percent of grocery store products that were marketed to children contain artificial colors.
Many packaged snacks contain synthetic food dyes. Scott Olson/Getty Images, Justin Sullivan/Getty Images
Cancer Concern
By the time Wiley became the first head commissioner of the FDA, experts were in contention over which food dye was riskier than the other. Over the following decades, dyes that were initially approved were gradually whittled down to the six remaining dyes of today.
In 1950, many children fell ill after eating Halloween candy containing Orange No. 1, a synthetic food dye. Rep. James Delaney (D-N.Y.) began holding hearings that prompted the FDA to reevaluate all approved color additives.
The hearing also led to the passing of the Delaney Clause, which prohibits the FDA from approving any food additive that can cause cancer in either humans or animals.
Orange No. 1 and several other approved dyes were removed after evidence of animal carcinogenicity.
The Delaney Clause was what prompted the removal of Red No. 3 in January under the Trump administration.
Professor Lorne Hofseth, director of the Center for Colon Cancer Research and associate dean for research in the College of Pharmacy at the University of South Carolina, is one of the few researchers in the United States studying the health effects of synthetic food dyes.
These dyes are xenobiotics, which are substances that are foreign to the human body, and “anything foreign to your body will cause an immune reaction—it just will,” he told The Epoch Times.
“So if you’re consuming these synthetic food diets from childhood to your adulthood, over years and years and years and years, that’s going to cause a low-grade, chronic inflammation.”
Hofseth has tested the effects of food dyes by sprinkling red, yellow, and blue food dyes on cells in his laboratory and observed DNA damage. “DNA damage is intimately linked to carcinogenesis,” he said.
His research showed that mice exposed to Red No. 40 through a high-fat diet for 10 months developed dysbiosis—an unhealthy imbalance in gut microbes and inflammation indicative of damaged DNA in their gut cells.
“This evidence supports the hypothesis that Red 40 is a dangerous compound that dysregulates key players involved in the development of [early-onset colorectal cancer],” Hofseth and his colleagues wrote in a 2023 study published in Toxicology Reports.
The mechanism of how food dyes cause cancer remains to be elucidated.
Hofseth speculates that the biological effects of red and yellow dyes may be attributed to the fact that they are what’s known as azo dyes. The gut hosts bacteria that can break down azo compounds into bioactive compounds that may alter DNA. Hofseth said he believes that if these bioactive compounds impair the gut, they may also contribute to the behavioral problems reported in some children after consuming food dyes.
Behavioral Problems
While the link between food dyes and cancer may remain elusive, the link between food dyes and behavioral problems in some children is much more accepted.
Rebecca Bevans, a professor of psychology at Western Nevada College, started looking into food dyes after her son became suicidal at the age of 7.
Read the rest here...
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Site: Zero HedgeBiden-Hur Tape Drops, And Boy Is It Rough - Listen To All Five Hours HereTyler Durden Fri, 05/16/2025 - 19:47
Update: Listen to all five hours of the Hur-Biden interview below:
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A segment of former President Joe Biden's October 2023 interview with special counsel Robert Hur just dropped, and boy is it rough.
Biden couldn't remember details such as when his son Beau died, when he left office as vice president, what year Donald Trump was elected, and why he had classified documents in his possession that he shouldn't have had.
According to Axios, which released the recording, Biden frequently slurred words or muttered, and "appears to validate Hur's assertion that jurors in a trial likely would have viewed Biden as "a sympathetic, well-meaning, elderly man with a poor memory."
Listen:
Hur elected not to prosecute Biden for mishandling classified documents based partly on the former president's pea-soup brain - angering Republicans as Trump was facing his own charges of mishandling classified information.
It's also of course notable because the MSM insisted Biden was "sharp," and slammed Hur's assertions as politically motivated.
Tapper says here that the footage of Biden freezing on stage was not a "Cheap fake". Exact words.
— Stephen L. Miller (@redsteeze) May 16, 2025
Okay so when he does he pull Brian Stelter on his show and ask him why he called it that, echoing the White house? When does the media pull Karine Jean-Pierre out of hiding and ask… https://t.co/D0JaXwKv65The audio was from two three-hour sessions on Oct. 8 and 9, 2023 - which the Biden White House refused to release, arguing that they were protected "law enforcement materials," and that Republicans only sought to "chop them up, distort them, and use them for partisan political purposes."
Let's go to the tape...
FLASHBACK: Karine Jean-Pierre attacked Robert Hur — refusing to release the transcript or audio, while claiming he had a partisan agenda to push. pic.twitter.com/DLdZXa4n3O
— Townhall.com (@townhallcom) May 16, 2025Ian Sams:
— Townhall.com (@townhallcom) February 9, 2024
"To suggest that [Biden] couldn't remember when his son died is really out of bounds." pic.twitter.com/Roj31EBJyNDon’t forget the way the press tried to dismiss Hur’s report. https://t.co/9Sd2NdVWuw
— Drew Holden (@DrewHolden360) May 16, 2025How long did Axios have this recording? Before the election?
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Site: Zero HedgeMississippi Has The Lowest Average Salaries In The US, D.C. The HighestTyler Durden Fri, 05/16/2025 - 19:30
While wages in the U.S. have grown in recent years, many families are still feeling the squeeze of high inflation. Pay levels vary widely not just by profession, but also by geography.
This graphic, via Visual Capitalist's Bruno Venditti, maps the average salary by U.S. state using the latest data from the Bureau of Labor Statistics, as of March 2025. The figures represent total private hourly earnings, not seasonally adjusted.
DC Tops the List
At the top of the list is Washington, DC, where workers earn an average of $52.89 per hour, far outpacing every state. This reflects the region’s concentration of high-paying jobs in government, law, and professional services.
Massachusetts comes in second at $42.50/hour, followed by Washington at $41.82, and California at $40.93. In common, these states are home to major tech, biotech, and finance hubs.
State/District Average hourly earnings District of Columbia $52.89 Massachusetts $42.50 Washington $41.82 California $40.93 Colorado $39.20 Connecticut $39.08 New York $38.71 Minnesota $38.25 New Jersey $37.98 Alaska $37.65 Hawaii $37.64 Oregon $36.58 Virginia $36.08 Rhode Island $36.01 Maryland $35.86 New Hampshire $35.55 Utah $35.18 Vermont $35.18 Illinois $35.02 Arizona $34.68 Texas $34.49 Florida $34.38 Wisconsin $34.26 North Dakota $34.18 Georgia $34.04 Idaho $34.03 North Carolina $33.59 Michigan $33.31 Ohio $33.24 Nebraska $32.77 Montana $32.73 Pennsylvania $32.66 Delaware $32.54 Missouri $32.45 Maine $32.22 Indiana $32.07 South Carolina $32.05 Nevada $31.72 Wyoming $31.59 Kansas $31.51 Alabama $31.24 South Dakota $31.16 Iowa $30.94 Tennessee $30.75 Oklahoma $30.65 Kentucky $30.18 Arkansas $29.95 West Virginia $29.86 New Mexico $29.19 Louisiana $29.17 Mississippi $28.25At the other end of the spectrum are Mississippi ($28.25) and Louisiana ($29.17)—the only two states with average wages below $30 per hour.
Northeastern states dominate the upper end of the scale, with Connecticut and New York joining Massachusetts above the $38/hour mark. In contrast, much of the South and Midwest sits closer to or below the national median. For example, Iowa ($30.94) and Indiana ($32.07) reflect more modest earnings common in the region.
When compared, the earnings gap between the highest (DC) and lowest (Mississippi) is more than $24 per hour. The federal minimum wage is currently $7.25 per hour for workers covered by the Fair Labor Standards Act (FLSA), though many states have set their own, often higher, minimum wage rates.
If you enjoyed this map, check out this map on Voronoi about the income needed to buy a home in every U.S. state.
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Site: Zero HedgeWill Nuclear Fusion Soon Be The "Norm?"Tyler Durden Fri, 05/16/2025 - 19:05
Authored by Duggan Flanakin via RealClearEnergy,
The dream of humanity to imitate the forces that created their habitat has been alive for at least as far back as the time when humans with a single language decided to build a city with a tower that reached the heavens. For such a people, “nothing they plan will be impossible to them,” it is recorded.
For at least the same time frame, humanity has sought comfort through technology. While primitive heat producers like coal and wood are still used today, the discovery that petroleum, natural gas, and even moving water could generate a newly discovered phenomenon known as “electricity” transformed the industrial revolution into the modern era.
Not until the 1930s did German scientists build on Enrico Fermi’s discovery that neutrons could split atoms to recognize that splitting atoms would release significant energy – energy that could be used for both bombs and electricity generation. By the 1950s, scientists began building nuclear fission-based power plants that today provide about a tenth of the world’s electricity.
Scientists and engineers also began to envision the potential of nuclear fusion -- the reaction of light atomic nuclei powers the sun and the stars. Since that time, they have worked feverishly, but with little success, to replicate this energy-rich reaction using deuterium and tritium.
One group of scientists and engineers decided to try an alternative approach.
Founded in 1998, California-based TAE Technologies has been developing a reactor that runs on proton-boron aneutronic fusion – that is, a fusion reaction that fuses a hydrogen nucleus with non-radioactive boron-11 instead of fusing hydrogen isotopes of deuterium and tritium. Their goal is to develop commercial fusion power with the cleanest-possible environmental profile.
All efforts at fusion require chambers that can withstand temperatures of millions of degrees Celsius and immense pressure that are needed to fuse two isotopes together. To accomplish this requires huge amounts of energy – and until recently, more energy than the fusion produced.
Most fusion researchers, including those building the ITER project being built in France, rely on a donut-shaped tokamak reactor chamber, in which a stream of plasma must be held away from its walls by electromagnets for any energy to be produced. The tokamak design uses a toroidal magnetic field to contain the hydrogen plasma and keep it hot enough to ignite fusion.
Sadly, as with ITER, project costs have soared and timeframes have fallen by the wayside despite occasional breakthroughs. Over decades, tokamak designs became gigantic, with huge superconducting magnetic coils to generate containment fields; they also had huge, complex electromagnetic heating systems.
Spurred by the failures of wind and solar to fully satisfy the desire for “clean energy,” governments and private investors began investing heavily into fission and fusion projects. Oak Ridge, Tennessee, has tapped into a $60 million state fund intended to bolster both fission and fusion energy in atomic energy’s American birthplace.
New research at the University of Texas, in conjunction with Los Alamos National Laboratory and Type One Energy Group, uses symmetry theory to help engineers design magnetic confinement systems to reduce plasma leakage from tokamak magnetic fields.
The old method used for a stellarator reactor relied on perturbation theory. The new method, which relies on symmetry theory, is a game changer. It can also be used to identify holes in the tokamak magnetic field through which runaway electrons push through their surrounding walls and greatly reduce energy output.
The TAE Technology reactor is entirely different than any of the tokamak or stellarator fusion chambers. In 2017, the company introduced its fifth-generation reactor, named Norman, which was designed to keep plasma stable at 30 million C. Five years later the machine had proven capable of sustaining stable plasma at more than 75 million C.
That success enabled TAE to secure sufficient funding for its sixth-generation Copernicus reactor and to envision the birth of its commercial-ready Da Vinci reactor. But in between, TAE developed Norm.
Norm uses a different type of fusion reaction and a new reactor design that exclusively produces plasma using neutral beam injections. The TAE design dumps the toroidal field in favor of a linear magnetic field that is based on the “field-reversed configuration” (FRC) principle, a simpler, more efficient way to build a commercial reactor.
Instead of massive magnetic coils, FRC makes the plasma produce its own magnetic containment field. The process involves accelerating high-energy hydrogen ions and giving them a neutral charge, then injecting them as a beam into the plasma. That causes the beams to be re-ionized as the collision energy heats the plasma to set up internal toroidal currents.
Norm’s neutral beam injection system has cut the size, complexity, and cost, compared to that of Norman, by up to 50%. But not only is an FRC reactor smaller and less expensive to manufacture and operate, says TAE, it can also produce up to 100 times more fusion power output than a tokamak -- based on the same magnetic field strength and plasma volume.
The FRC reactor also can run on proton-boron aneutronic fusion, which, instead of producing a neutron it produces three alpha particles plus a lot of energy. The fewer neutrons also do less damage to the reactor; the energy being released as charged particles is easier to harness. Less shielding is required, and, perhaps best of all, boron-11 is relatively abundant and not radioactive.
So, while “Norm” may not be the final step in developing commercial fusion energy, TAE’s hope is that fusion energy will the “norm” as early as the mid-1930s. FRC technology has materially de-risked Copernicus, according to TAE CEO Michi Binderbauer.
If Norm is as advertised, it will accelerate the pathway to commercial hydrogen-boron fusion – a safe, clean, and virtually limitless energy source.
But is humanity ready for free energy to be the “norm?”
Duggan Flanakin is a senior policy analyst at the Committee For A Constructive Tomorrow who writes on a wide variety of public policy issues.
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Site: Zero HedgeTrump Fumes After Supreme Court Rules Venezuelan Illegals Can't Be Deported (For Now)Tyler Durden Fri, 05/16/2025 - 18:51
Update (1715ET): President Trump took to TruthSocial to issue his brief but terse statement:
"THE SUPREME COURT WON’T ALLOW US TO GET CRIMINALS OUT OF OUR COUNTRY!"
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The Supreme Court ruled this afternoon to keep in place its block on President Trump's deportations of (alleged) Venezuelan gang members under a 1798 law historically used only in wartime after their ACLU lawyers said the government was set to remove the men without judicial review in violation of a prior order by the justices.
The Supreme Court has previously issued two orders stemming from those cases.
Justices agreed that the president could rely on the centuries-old wartime law to remove immigrants from the country - provided they first have an opportunity to challenge those claims in court - and then temporarily blocked the government from deporting another group of Venezuelans in Texas while their lawyers scrambled to challenge the allegations against them.
In his proclamation invoking the Alien Enemies Act, Trump stated that “all Venezuelan citizens 14 years of age or older who are members of [Tren de Aragua], are within the United States, and are not actually naturalized or lawful permanent residents of the United States are liable to be apprehended, restrained, secured, and removed as Alien Enemies.”
The 7-2 decision clarified an unusual order issued by the justices in the early hours of April 19 that hit pause on any government plans to deport people held in northern Texas.
The Supreme Court delivered a blow to the Trump Administration in blocking deportations under the Alien Enemies Act. However, the Court only did so based on the lack of notice (24 hours) afforded by the Administration. It did not rule on the legality of the use of the AEA...
— Jonathan Turley (@JonathanTurley) May 16, 2025Over the dissents of conservative Justices Clarence Thomas and Samuel Alito, the justices in the latest unsigned decision slammed the Trump admin for only giving the detainees 24 hours to launch legal challenges.
“Notice roughly 24 hours before removal, devoid of information about how to exercise due process rights to contest that removal, surely does not pass muster,” the court wrote in its unsigned opinion.
“But it is not optimal for this Court, far removed from the circumstances on the ground, to determine in the first instance the precise process necessary to satisfy the Constitution in this case. We remand the case to the Fifth Circuit for that purpose,” the opinion continued.
However, as The Hill reports, the justices declined the ACLU’s additional request to leapfrog the lower courts to immediately take up the issue of whether President Trump can invoke the rarely used law outside of wartime.
Instead, the case will return to the lower courts alongside a handful of other challenges being brought by the civil rights group around the country.
So it’s legal for a president to ship millions of illegal aliens into our country but it’s illegal to send them home?
— Rep. Mike Collins (@RepMikeCollins) May 16, 2025
The system is broken. The Supreme Court failed us.
Whose country is this anymore?The issue could ultimately return to the justices, who directed the lower courts to act “expeditiously.”
Now, we all anxiously await President Trump's response to this decision...
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Site: Zero HedgeBees Are Behind Our Food And Natural Medicines - And They're DisappearingTyler Durden Fri, 05/16/2025 - 18:40
Authored by Emma Suttie via The Epoch Times (emphasis ours),
Bees are dying—and at an alarming rate.
Between 2023 and 2024, US beekeepers lost an estimated 55.1 percent of their colonies—the worst loss in more than a decade and nearly 15 percent higher than the previous 13-year average.
Lisa Schaetzle/Getty Images
Bees pollinate three-quarters of the fruits, vegetables, and nuts we eat, and many of us rely on bee products for their nutrition and health-promoting gifts. If bees vanish, it’s scary to think of all we stand to lose. And some say that if the bees go, we go too.
Jeff Pettis, president of Apimondia—The International Federation of Beekeepers’ Associations—sums up the health benefits that bees offer humans in one word: huge.
Although two-thirds of our diet comes from carbohydrates—crops like rice, wheat, and corn—which are pollinated by wind rather than insects, many other important foods require bees.
“So we’re not going to starve if we don’t have bees. But literally, everything you can think of that’s nutritious—fruits, nuts, and vegetables—all of those are, we'll call it, animal-pollinated. The vast majority of those are pollinated by honey bees or other wild bees,” he told The Epoch Times.
Bees Pollinate
Ryan Burris is a third-generation beekeeper and the president of the California State Beekeepers Association. He points out that many people don’t realize how many fruits and vegetables we eat depend on bees for pollination.
“The biggest one, obviously, for beekeepers, is almonds. And then you have things like blueberries, watermelons, and stuff you don’t think about, like onions and carrots—all require pollination. There’s an estimated 100 crops that require pollination,” he told the Epoch Times.
Twenty thousand species of bees grace our planet, and 4000 species are native to the United States. Bees are some of our most well-known and beloved pollinators. One in every three bites of food you eat depends on pollinators to produce, and bees pollinate one in every four bites.
Beyond their critical role as pollinators, bees also gift us powerful products like honey, bee pollen, propolis, and royal jelly—each packed with nutritional and medicinal benefits.
Honey
The Ancient Egyptians may have been the world’s first beekeepers. They crafted clay hives and transported them on rafts along the Nile, allowing bees to pollinate whatever flowers were in season. Bees were deeply revered, and honey was considered sacred.
Throughout history, honey has played many roles—it was used in religious rituals, medicine, currency, and offerings to the gods. When archaeologists uncovered King Tutankhamun’s tomb, they found a sealed jar of honey more than 2,000 years old. Because honey doesn’t spoil, it was still safe to eat.
Honey offers a treasure trove of healing properties. It soothes a cough, benefits digestion and oral health, treats constipation and diarrhea, protects the heart, and has anticancer properties—in addition to being antibacterial, anti-inflammatory, antifungal, and a powerful antioxidant.
Jana Schmidt is a board-certified naturopathic doctor and master herbalist who keeps bees. She says not all honey is created equal, and knowing where your honey comes from is crucial, as many store-bought varieties are synthetically made or artificial. If you want the good stuff, go for raw, local honey—ideally straight from a beekeeper.
“Darker varieties have higher antioxidants than the lighter varieties,” she noted, saying bees make the darker types in the winter months when it’s cold, and they need more nutrition—which is passed to us when we eat it.
She says that honey added to tea before bed can help you sleep—something she did for her children when they were little.
“It helps regulate your sleep, but it also protects the teeth from the bacteria that causes cavities, which seems crazy because it’s sweet. You think, oh, that’s going to cause cavities, but actually, it protects the teeth,” she told The Epoch Times.
Studies have found that honey’s antibacterial properties fight harmful bacteria, such as Salmonella and E. coli. In addition, honey has been studied for its potential benefits against cancer—including breast, liver, and colorectal cancers, where it has shown cytotoxic effects on cancer cells, the ability to inhibit cancer cell growth, and prevent the formation of new blood vessels that tumors need to grow.
Raw honey is a potential source of Clostridium botulinum spores, which can cause botulism—especially in babies. Therefore, it’s generally recommended that infants under one year of age should not be fed raw honey.
Bees are prolific producers of a diverse array of products with numerous potential health benefits, according to experts.
Bee Pollen
Honeybees collect pollen from flowers and mix it with their saliva, which contains special enzymes. They then store it in comb cells inside their hives. Once the pollen is stored and processed in the hive, it is called beebread, or ambrosia—a vital food for the bees—containing proteins, fats, vitamins, and minerals they need. When beebread is stored, it undergoes a natural fermentation process, which preserves it and makes its nutrients easier to absorb.
Bee pollen. hanif66/Shutterstock
“To me, it’s God’s perfect multivitamin because it has every vitamin and mineral known for human nutrition. It has approximately 96 different nutrients and bioavailable energy. It’s antibacterial, antifungal, antiviral, and the most digestible protein per ounce than anything else out there,” Schmidt said.
Bee pollen offers a source of sustained energy throughout the day and not a spike like you might get from sugar or caffeine, she said.
“I don’t drink coffee or anything like that. I just take my bee pollen in the morning, and I’m good to go,” she beamed.
There is growing scientific interest in bee pollen, particularly because of its antimicrobial properties, which can fight a wide variety of pathogens, including bacteria and fungi. This ability is notable because some bacteria are becoming resistant to antibiotics. Bee pollen (beebread) seems able to fight microbes without creating resistance, which some scientists believe is because it contains several different natural compounds that work synergistically. Bee pollen also supports the body’s good bacteria, benefiting healthy gut microbes—behaving like a prebiotic.
Schmidt adds that as a natural fertility specialist, bee pollen is her number one fertility supplement.
“If you think about it, it’s the fertility for the plants. Why wouldn’t it be fertility for us, too? So sometimes that’s all it takes. The couple start taking bee pollen, and bam, they’re fertile. So that’s been pretty fun to be a part of.”
Studies have found that bee pollen has other wide-ranging medicinal benefits to humans, including:
- Benefiting metabolic syndrome disorders
- Preventing obesity
- Combating liver disorders
- Cardioprotective effects
- Lowering uric acid
- Detoxifying (based on animal studies)
- Regulating ovarian functions
- Alleviating allergic reactions
- Improving digestion and absorption
- Stimulating the immune system
- Improving cognitive dysfunction
“It takes bees working eight hours a day, two to four weeks, to gather one teaspoon of pollen, Schmidt said. They work so hard. They visit over 2 million flowers to get one teaspoon of pollen. It’s pretty amazing.”
Propolis
Propolis, also known as “bee glue,” is a resinous substance bees gather from different types of plants. Bees use it as a type of construction material for the hive. It seals holes and cracks, improves structural integrity, smooths the inner surface of the hive, maintains a constant internal temperature of 95 degrees Fahrenheit, and protects the hive from the elements, predators, and pathogens. Once hardened, it helps create an antiseptic internal environment.
Bee propolis. Ihor Hvozdetskyi/Shutterstock
Schmidt offers a long list of propolis’s benefits, particularly to the brain. These include reducing inflammation in the brain and oxidative stress, helping reduce the toxic effects of methylmercury—a highly toxic form of mercury—and aluminum in the brain, increasing synaptic efficiency, and protecting against neurodegeneration and cognitive impairment.
She adds that it is a great prebiotic and excellent for gut health.
“Anytime there’s an infection, and you’re not quite sure what it is, I usually go to propolis—it just boosts your immune system like nothing else I’ve ever used,” she said.
Studies have revealed that this amazing substance has many applications for human health and has the following medicinal properties:
- Antioxidant
- Anti-inflammatory
- Antiulcer
- Anticancer
- Immunomodulatory
- Neuroprotective
- Anti-allergic
- Cardioprotective
- Antidiabetic
Studies in humans and animals have shown propolis to possess powerful healing properties beneficial in multiple acute and chronic diseases—from autoimmune diseases like Type 2 diabetes and rheumatoid arthritis to cardiovascular disease, cancer, and COVID-19.
In a 2021 randomized, controlled clinical trial, 124 hospitalized patients with COVID-19 were split into three groups. Two groups received Brazilian green propolis—400 or 800 milligrams daily—in addition to regular treatment—while the third group did not receive propolis.
The researchers found that patients who received propolis were released from the hospital five to six days sooner, and those who received 800 mg of daily propolis had less kidney damage associated with COVID-19. Thus, the study authors concluded that propolis is a safe and effective adjunct treatment for patients with COVID-19.
Royal Jelly
Humans have used royal jelly as a powerful medicine for millennia. It is extremely popular and highly regarded in Chinese medicine—in ancient times and today. Royal jelly is an overall tonic that promotes the robust development of bones, teeth, and the brain. It also helps boost fertility for women and soothe the symptoms of menopause.
Royal jelly. Bin Zhu/Shutterstock
Royal jelly is a white milky substance secreted by worker bees to feed the queen bee larvae. Worker bee larvae get a different type—called worker jelly that contains fewer nutrients. According to one study, the higher quality royal jelly fed to the queen allows her to live a long life (up to five years) and lay 2,500 eggs daily. In comparison, worker bees only live about 45 days and, although female, do not reproduce.
Rich in proteins, carbohydrates, fats, vitamins, and minerals, royal jelly is a vital food source for bees. Today, humans use it as a dietary supplement, medicine, and ingredient in cosmetic and skincare products.
Studies have shown royal jelly to have the following medicinal properties:
- Antioxidant
- Anti-lipidemic
- Antiproliferative
- Antimicrobial
- Neuroprotective
- Anti-inflammatory
- Immunomodulatory
- Antiaging
- Estrogenic activities
Despite its medicinal benefits, Schmidt says that she does not recommend royal jelly because of how it is harvested, as it hurts the bees and the hive only to collect a tiny amount.
“I just don’t like the practice overall ... I feel like it takes it a step beyond what we should be doing to live well with the bees,” she said.
A 2023 study investigated the effect of royal jelly on liver enzymes and glycemic indices. The researchers found that royal jelly did not significantly affect adults’ glycemic profile or liver function. However, in trials with a longer duration of 8 or more weeks, and those conducted in “non-healthy” populations, there was a significant reduction in serum fasting blood glucose —a measurement of glucose in the blood after fasting. Higher fasting blood glucose levels are a characteristic sign of both prediabetes and Type 2 diabetes.
Why Bees Are Dying
We have all heard about the alarming decline in bee numbers in recent years.
Pettis says the reasons that bees are dying is such huge numbers are multifaceted and complex.
The first, he says, is that bees are losing their natural habitat. A significant reason for this is the rise of monoculture—when farmers plant only one kind of crop in their fields. This lack of diversity limits the flowers available for bees, making it harder for them to get all the nutrients they need to stay healthy and thrive.
“Roundup Ready crops, like corn, soybeans, all these—they create very sterile fields so there are no weeds—and a lot of those weeds are really good for bees,” he said.
Pettis says the second reason is pesticide exposure and the third is pests and diseases affecting bees. He says they all combine in different ways to affect bees and reduce their numbers, making beekeeping more challenging.
“We’ve had a number of exotic things come into the U.S.—two parasitic mites, and then the beetle from Africa, and now we have some invasive hornets coming in from Asia. It’s just one thing after another,” he said.
“It’s really hard to survive when you have all these stressors lining up, one right behind the other.”
Some readers may be wondering about colony collapse disorder.
“I was actually very involved in colony collapse disorder, which is now 20 years old, and we never came up with a single definitive thing. It was just a combination of things that were killing managed honeybees,” Pettis said.
Mites, particularly the varroa mite—which is aptly named Varroa destructor—have become an enormous challenge for beekeepers.
“The varroa mite—Varroa destructor—is the main killer of honey bees because they feed on the bee as it’s growing,” Burris said.
These tiny parasitic mites feed on bee fat and blood, which bees need for energy and a healthy immune system. They also spread viruses, particularly the deformed wing virus, which causes bees to be born with shriveled wings that will never fly.
Burris adds that federal and state regulators do not want honeybees on public lands as they fear they may hurt native pollinators, though he notes they don’t have evidence to support those concerns.
He says they’re arguing about food supply and demand problems without considering that native pollinators and honey bees have different feeding habits.
“They’re not taking into account the size of the honeybee, the size of a native pollinator, the size of their tongues, and how they extract nectar—how they obtain pollen,” he said.
Pesticides, which include insecticides and herbicides, are also detrimental to bees.
“Roundup and other weed killers that contain glyphosate are incredibly harmful to our bodies, but also the bees,” Schmidt said.
A relatively recent class of insecticides called neonicotinoids, or neonics, are the world’s most widely used insecticides and possibly one of the most deadly. They work by making every part of the treated plant toxic while poisoning the soil, surrounding water, and wildlife. They affect the bees’ nervous system, interfering with their ability to learn, remember, and navigate, meaning many exposed bees can’t find their way back to the hive and eventually die.
Since their introduction in the last two decades, neonicotinoids’ widespread use has made U.S. agriculture increasingly destructive to insect life. Neonicotinoids are responsible for 92 percent of this increase in danger to insects.
These deadly insecticides don’t just kill bees. Neonics are linked to losses of birds and fish and birth defects in white-tailed deer. Increasing evidence has also shown that neonics affect human health, especially children. One study found neonics in the urine of half of children 3 to 5 years old, and a 2020 Swiss study found neonics in every sample of plasma and spinal fluid of children receiving treatment for leukemia and non-Hodgkin lymphoma.
How We Can Help Bees
Thankfully, there are things we can all do to help bees and support these essential pollinators.
- Plant native flowers and trees, especially ones that bloom through summer, as bees need food from spring through fall.
- Buy local honey, and honey made 100 percent in the United States to support U.S. beekeepers.
- Avoid using insecticides or pesticides around your yard and use natural methods instead. Schmidt says using vinegar and water with a bit of salt kills weeds without harming anything else.
- Allow an area of your yard or garden to be overgrown or less cut back to provide food and nesting habitats for bees.
- Plant a bee garden with native flowers to attract bees and other pollinators.
- Create a bee watering station with filtered water using a deep plate with pebbles or marbles near flowering plants to give bees a safe place to drink.
- Create a bee house you can hang in your yard to give bees a place to live.
- Keep hives away from sources of wifi radiation and EMFs, which adversely affect bees.
- If you notice a swarm of bees on your property, contact a local beekeeping association, university agriculture department, or local beekeeper to collect them, not an exterminator.
- Encourage state legislators to support laws that support and protect bees.
- Spread awareness about bees and how we can support them.
Schmidt reveres the tiny pollinators that provide us with so much.
“You know, we use the term beekeeping, but I really feel like they keep us—like they know what to do, we just need to provide a nice habitat for them, and they do all the work—they just give and give.”
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Site: RT - News
The offensive, dubbed Gideon’s Chariots, reportedly aims to “conquer” the entire Palestinian enclave
The Israel Defense Forces (IDF) has announced a new bombing campaign in Gaza aimed at defeating Hamas. The offensive comes after a ceasefire brokered by the US, Egypt, and Qatar expired in March.
“Over the past day, the IDF launched extensive attacks and mobilized forces to seize strategic areas in the Gaza Strip, as part of the opening moves of Operation Gideon’s Chariots and the expansion of the campaign in Gaza,” the military said in a statement on Friday evening.
The IDF reiterated its goals of securing the release of the remaining hostages and achieving “the defeat of Hamas.”
“IDF troops in the Southern Command will continue to operate to protect Israeli citizens and realize the goals of the war,” the Israeli army added.
According to the Times of Israel, the IDF aims to “conquer” Gaza, relocate the Palestinian population to the southern part of the enclave, and prevent “terror groups” from seizing humanitarian aid.
Al Jazeera reports that at least 115 Palestinians have been killed since dawn on Friday.
במהלך היממה האחרונה צה"ל החל בתקיפות נרחבות והניע כוחות לתפיסת שטחים שולטים בשטח רצועת עזה, זאת כחלק ממהלכי הפתיחה למבצע "מרכבות גדעון" והרחבת המערכה בעזה, להשגת כל מטרות המלחמה בעזה, לרבות שחרור החטופים והכרעת החמאס.
— צבא ההגנה לישראל (@idfonline) May 16, 2025
כוחות צה"ל בפיקוד הדרום ימשיכו לפעול בכדי להגן על אזרחי ישראל… pic.twitter.com/WtK8Iy6XyGThe ceasefire between Israel and Hamas broke down in March after the sides failed to agree on implementing the second phase of the truce.
Israel declared war on Hamas following a surprise attack by Palestinian militants on October 7, 2023, which killed around 1,200 people and resulted in over 200 hostages being taken. More than 53,000 Palestinians have been killed since the conflict began, and human rights organizations have accused Israel of genocide.
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Site: LifeNews
Pro-Life Americans were sorely disappointed today when a House committee voted down the reconciliation bill that has language to defund the Planned Parenthood abortion business.
But House Majority Leader Steve Scalise says he thinks the fiscal policy issues that prompted a handful of pro-life Republican lawmakers to defeat the bill will be resolved and the House will pass the bill next week.
Scalise explained how this one big, beautiful bill will go to the Budget Committee on Sunday night before heading to the Rules Committee, and then the House Floor.
“So Sunday night, the Budget Committee will go back in,” he said in an interview with Fox News. “They’re going to meet.”
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“Look, we’re talking to those members who voted no today. We’re going to work through it. There were some questions they had for the Trump Administration. We were working on getting them some of those questions answered,” Scalise explained.
“We’re going to get the bill passed. Then, ultimately, by next week, Tuesday, Wednesday, Thursday, on the House Floor, that bill will pass,” he added.” One big, beautiful bill will pass the House, and then it goes to the Senate, and they get to start their process. Although we’ve been keeping Senator Thune, Senator Crapo, all the other members of their leadership informed every step of the way, so they know what’s in this bill. Hopefully, they won’t have to start over from scratch.”
“[It could pass the Budget Committee by] Sunday night. It goes to Rules [Committee], goes to the floor – Tuesday, Wednesday, Thursday, somewhere in there. As fast as we can get it done. Let’s get it done,” the pro-life congressman added.
The bill failed in this morning’s vote in a 16-21 vote, with Reps. Ralph Norman (R-SC), Chip Roy (R-TX), Josh Brecheen (R-OK), Andrew Clyde (R-GA), and Lloyd Smucker (R-PA) joining all Democrats in voting down the bill.
The House Energy and Commerce Committee signed off on the bill earlier this week.
The good news for pro-life Americans is that the measure includes language to defund Planned Parenthood and Big Abortion. The abortion giant just announced that it killed over 420,000 babies in aboritons in its most recent year and mamade over $2 billion.
There were several amendments by pro-abortion Demcorats to take out the pro-life language in that committee. They all failed.
Nearly all committee Republicans voted against an amendment brought by pro-abortion Democrat Rep. Lizzie Fletcher to strike the language that would prohibit Planned Parenthood from receiving federal funds, even through Medicaid payments. Republican Reps. Mariannette Miller-Meeks and Gabe Evans did not vote on the amendment.
Susan B. Anthony Pro-Life America, a leading pro-life group, celebrated that vote.
“We congratulate Energy and Commerce Committee Chairman Brett Guthrie and House GOP allies for their hard work on a budget that serves moms, babies and taxpayers alike. SBA will proudly score in favor of this ‘one big beautiful bill’ that includes the vital priority of stopping forced funding of the abortion industry. To no one’s surprise, pro-abortion Democrats peddled lies and ran cover for abortion businesses like Planned Parenthood,” the group told LifeNews.
“Their taxpayer funding increased almost $100 million in one year, hitting $792.2 million in 2023, as health care like pap smears and breast exams plummeted – all while ending a record 402,230 babies’ lives,” it added. “We applaud pro-life congresswomen Harshbarger, Houchin, Fedorchak and Lee for speaking out during the debate to set the record straight and defeat a Democrat amendment that would have kept funneling money to Big Abortion. The Big Abortion industry is focused on profits, politics and lawfare, not providing quality services for low-income women in a safe environment. Patients are far better off going to community health centers that outnumber Planned Parenthood 15:1, where Medicaid recipients among others can get much more comprehensive care.”
Last week, a few Republicans in the House and Senate expressed their reservations about defunding Planned Parenthood within the budget bill. Asked about that, President Donald Trump expressed confidence that Republicans will resolve internal disagreements to advance legislation defunding Planned Parenthood.
“I don’t know yet. I have to see because you’re just telling me that for the first time, we’ll work something out,” Trump said in response.
The reconciliation process, which allows legislation to pass the Senate with a simple majority, offers Republicans a rare opportunity to strip federal funding from Planned Parenthood, the nation’s largest abortion business. Pro-life groups argue that taxpayer dollars, even if not directly funding abortions, indirectly subsidize Planned Parenthood’s operations, which include killing over 390,000 babies every year.
Pro-life advocates emphasize that community health centers, which outnumber Planned Parenthood clinics and provide comprehensive care without abortions, can absorb patients if funding is redirected.
House Speaker Mike Johnson, a staunch pro-life advocate, has signaled that defunding “big abortion” is a priority in the reconciliation bill, which also addresses Trump’s agenda on taxes, border security, and energy.
The Hyde Amendment already prohibits federal funds from directly paying for abortions, except in cases of rape, incest, or to save the mother’s life. However, Planned Parenthood receives approximately $700 million annually through Medicaid reimbursements and Title X grants. Pro-life leaders argue this funding frees up resources for Planned Parenthood’s abortion operations.
The reconciliation bill, which allows legislation to pass with a simple majority in both chambers, is seen as a critical opportunity to strip federal funding from Planned Parenthood, the nation’s largest abortion business. The abortion company received nearly $700 million in taxpayer funds in its 2022-2023 fiscal year, killing 392,715 babies in abortions, according to its annual report.
Meanwhile, Representative Mary Miller (R-Ill.) is waging a fierce campaign among her Republican colleagues to make defunding Planned Parenthood a non-negotiable piece of the final proposal.
Miller sent a passionate letter to Rep. Brett Guthrie (R-Ky.), chairman of the House Committee on Energy and Commerce, obtained by Breitbart News. In it, she urged Guthrie to “use every legislative option available to cease all federal funds going to Planned Parenthood,” exposing the organization’s deep entanglement in abortion and transgender treatments. “Abortions and transgender treatments have exploded in clinics across the country,” she wrote.
Citing the Charlotte Lozier Institute, Miller highlighted that “abortions made up 97.1% of Planned Parenthood’s pregnancy services from 2021-2022, performing nearly 400,000 abortions.” She also underscored the crisis in her home state, noting, “In 2023, my home state of Illinois performed 72,143 abortions, the most in our history since the state started reporting abortion totals in 1973.” Miller laid bare Planned Parenthood’s financial empire, stating, “Due to a lack of decisive Congressional action, Planned Parenthood has become a federally funded health network with private assets valued at $2.5 billion. Recent numbers show that Planned Parenthood received nearly $700 million in taxpayer revenue from 2022-2023.”
Her letter concluded with a call to action: “It is essential that we protect taxpayer dollars and stop funding this organization. President Trump has already issued an Executive Order that implements such a plan. Therefore, I urge you to do everything possible to ensure Planned Parenthood never receives another penny of taxpayer dollars.”
Speaking to Breitbart, Miller doubled down, declaring, “Planned Parenthood is a multi-billion-dollar abortion business that continues to receive millions in federal funding.” She praised Trump’s leadership, stating, “President Trump had it right when he issued an Executive Order to cut off taxpayer dollars from abortion providers like Planned Parenthood,” and insisted, “it’s time for Congress to make that policy permanent. I urge the Energy and Commerce Committee to ensure that not another dime of American tax dollars goes to this murder-for-profit organization.”
The post Steve Scalise: House Will Pass Bill to Defund Planned Parenthood Next Week appeared first on LifeNews.com.
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Site: Real Jew News
Episode 80: White Culture And The Church
May 16 2025___________________________________
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Site: non veni pacem
Have you noticed the “Republicans” can’t seem to cut a single dollar from the budget? The whole DOGE thing was smoke and mirrors. The current budget proposal would add another $10T to the debt over the next four years. Quite the Big Beautiful Bill, isn’t it? Good for Moody’s. Drop the bomb and see if it shakes any sense into them. -nvp
Moody’s downgrades United States credit rating, citing growth in government debt
Moody’s Ratings cut the United States’ sovereign credit rating down one notch to Aa1 from Aaa, the highest possible, citing the growing burden of financing the federal government’s budget deficit and the rising cost of rolling over existing debt amid high interest rates.
“This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,” the rating agency said in a statement.
The decision to lower the United States credit profile would be expected, at the margin, to lift the yield that investors demand in order to buy U.S. Treasury debt to reflect more risk, and could dampen sentiment toward owning U.S. assets, including stocks. That said, all the major credit rating agencies continue to give the United States their second-highest available rating.
The yield on the benchmark 10-year Treasury note climbed 3 basis points in after-hours trading, trading at 4.48%. The iShares 20+ Year Treasury Bond ETF — a proxy for longer term debt prices — fell about 1% in after hours trading, while the SPDR S&P 500 ETF Trust that tracks the benchmark index for U.S. stocks dropped 0.4%.
Moody’s had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old agency into line with its rivals. Standard & Poor’s downgraded the U.S. to AA+ from AAA in August 2011, and Fitch Ratings also cut the U.S. rating to AA+ from AAA, in August 2023.
“Successive U.S. administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs,” Moody’s analysts said in a statement. “We do not believe that material multi-year reductions in mandatory spending and deficits will result from current fiscal proposals under consideration.”
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Site: Zero HedgeHapag-Lloyd Sees 50% Surge In Container Bookings From China To The USTyler Durden Fri, 05/16/2025 - 18:15
Bt Stuart Chirls of Freightwaves
Hapag-Lloyd saw container bookings from China to the United States jump by 50% following the break in the tariff battle between the trading partners.
In comments during an earnings call, Chief Executive Rolf Habben Jansen explained that while recent bookings were down 20%-30%, there has been “a surge of over 50% in recent days,” though he noted the difficulty in predicting exact growth patterns.
“We expect capacity to return fairly swiftly. We have deployed smaller ships instead of doing blanks [canceled sailings], and we will reverse that soon. Within the next couple of weeks, we will deploy bigger ships again, and others may also increase capacity as the quarter progresses.”
The CEO also confirmed that upsizing vessels can be accomplished without significant disruption due to the simplified Gemini network with Maersk, and that it “won’t materially change overall costs,” with no current issues regarding mispositioning of containers.
Profit increased 45% to $469 million on revenue that was up 15% year over year to $5.3 billion in the first quarter, driven by a 9% increase in liner shipping volumes, marking the highest year-on-year growth in several years.
Liner shipping saw revenues of $5.2 billion on volume of 3.3 million twenty-foot equivalent units and an average freight rate of $1,480 per TEU, both of which were 9% higher y/y on strong demand. Earnings before interest, taxes, depreciation and amortization rose by 18%, to $1.1 billion, and earnings before interest and taxes were up by 25%, to $472 million.
The successful launch of the Gemini network saw schedule reliability of 90%, a remarkable figure in an industry that is usually around 65%.
The carrier faced operational challenges during the quarter, including ongoing rerouting of ships away from the Red Sea and around the Cape of Good Hope, as well as disruptions at various ports. These challenges increased operational costs and impacted efficiency but were effectively managed to minimize adverse effects on overall performance.
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Site: Zero HedgeAmerica's Next Top Migrant: White House Denies Noem Backing DHS Citizenship Game ShowTyler Durden Fri, 05/16/2025 - 17:50
The White House has denied a report that DHS Secretary Kristi Noem is backing a proposal for a reality TV series that pits immigrants against each other for the grand prize: a fast-track to U.S. citizenship.
According to a 35-page pitch obtained by DailyMail.com, the Department of Homeland Security has been in contact with reality TV producer Rob Worsoff - known for Duck Dynasty and Millionaire Matchmaker - on a show called The American. The show would take a dozen pre-vetted immigrants on a cross-country journey aboard a train, competing in “cultural” challenges like assembling a Model T Ford in Detroit, rolling logs in Wisconsin, and digging clams in Maine.
Contestants would be greeted in New York City at Ellis Island by “a famous, naturalized American who was also born in another country,” the pitch reads, with names like Sofia Vergara, Ryan Reynolds, and Mila Kunis floated as possible hosts. Each contestant would receive a personalized baseball glove before hitting the rails aboard “The Citizen Ship.”
"Along the way, we will be reminded what it means to be American – through the eyes of the people who want it most," Worsoff’s pitch says.
There’d be elimination rounds, dramatic town halls, and viewer voting tallied by U.S. Citizenship and Immigration Services staff - yes, actual DHS employees, according to the proposal. The live finale would see the train stop in Washington, D.C., with the winner sworn in on Capitol Hill as Thunderbird jets roar overhead. "There won't be a dry eye within 10 miles!" the pitch promises.
Game show prizes? Think red-white-and-blue Americana: 1 million American Airlines points, a $10,000 Starbucks gift card, or a lifetime supply of 76 gasoline.
Tricia McLaughlin, DHS’s top spokesperson, confirmed the department had a call with Worsoff last week. "I think it's a good idea," she said. Though she claimed Noem “is yet to be briefed,” DailyMail.com reports Noem supports the show and wants to move forward.
DHS Distances
That said, DHS on Friday confirmed that it had received the pitch - but a spokesperson denied the Mail's report that Noem was involved. In a statement to the Epoch Times, DHS Assistan Secretary Tricia McLaughlin called the Mail's reporting "completely false," and denied claims that Noem had either "backed" or "reviewed" the plan.
"The Department of Homeland Security receives hundreds of television show pitches a year, ranging from documentaries surrounding ICE and CBP border operation to white collar investigations by HSI," she said, referring to Immigration and Customs Enforcement, Customs and Border Protection, and Homeland Security Investigations.
TV show proposals undergo “a thorough vetting process prior to denial or approval,” McLaughlin said, adding that the reality TV “show in question is in the very beginning stages of that vetting process and has not received approval or denial by staff.”
Separately, McLaughlin told news outlets that she had spoken with the producer of the proposed reality show. -Epoch Times
Worsoff, a Canadian-born producer, said, “I’m not affiliated with any political ideology. As an immigrant myself, I am merely trying to make a show that celebrates the immigration process.”
The proposal also includes themed challenges like mining for gold in San Francisco, launching rockets in Cape Canaveral, and rafting down the Arkansas River. “We'll join in the laughter, tears, frustration, and joy – hearing their backstories – as we are reminded how amazing it is to be American,” the pitch reads.
Even the losers would have “a leg-up” in the naturalization process, the proposal notes.
For a secretary already accused of turning immigration enforcement into a branding exercise, The American is on-brand. Whether the public buys into her vision — or sees it as one more cringe photo op — remains to be seen.
Side note - the book 'Running Man' takes place in 2025...
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Site: Zero HedgeUS Drug Overdose Deaths Fall Nearly 27 Percent To Lowest Level In 5 YearsTyler Durden Fri, 05/16/2025 - 17:25
Authored by Tom Ozimek via The Epoch Times (emphasis ours),
Drug overdose deaths in the United States dropped sharply in 2024, falling to their lowest level since before the pandemic, according to provisional data released on May 14 by the Centers for Disease Control and Prevention (CDC).
Packets of fentanyl and methamphetamine seized from a truck crossing into Arizona from Mexico are displayed during a news conference at the Port of Nogales, Ariz., on Jan. 31, 2019. U.S. Customs and Border Protection/Reuters
The report estimates that 80,391 people died of a drug overdose in 2024—a 26.9 percent decline from 110,037 in 2023, marking the largest one-year drop since the agency began collecting comparable data more than four decades ago.
It’s the second consecutive annual decrease after overdose deaths surged during and after the COVID-19 pandemic. Social isolation, disruptions to treatment, and other factors helped push fatalities to a peak of nearly 115,000 in 2023.
All but two states—Nevada and South Dakota—recorded declines last year, with especially steep drops in hard-hit areas such as West Virginia, which reported a 43.5 percent decrease. While the final figures may shift slightly as data are finalized, the CDC data indicate an unmistakable downward trend.
The decline was driven almost entirely by a reduction in fentanyl-related deaths. The synthetic opioid—at least 50 times more potent than heroin—was linked to more than 76,000 deaths in 2023, but that number dropped to just over 48,000 in 2024.
Experts have cited several possible reasons for the downturn, including expanded access to the overdose reversal drug naloxone—sold as Narcan—which became available over the counter in 2023. It is now carried by most first responders. Increased use of addiction treatment medications and changes in drug supply patterns may also be factors.
Despite the improvement, the new data revealed troubling increases in deaths tied to stimulants such as methamphetamine and cocaine.
Fatalities involving meth rose from 29,456 to 37,096, while cocaine-related deaths jumped by about 8,000, reaching 30,833. Since overdose statistics often overlap—many deaths involve multiple substances—it remains unclear how many of these fatalities involved stimulants alone.
The Trump administration has intensified efforts to choke off the international supply chain responsible for flooding the country with synthetic opioids.
While most fentanyl consumed in the United States is manufactured in Mexico, the raw chemicals used to make it overwhelmingly come from China. A Pulitzer Prize-winning investigation by Reuters last year exposed how Chinese chemical suppliers and Mexican cartels continue to enable the epidemic.
Reporters were able to legally purchase all the chemicals and equipment needed to produce $3 million worth of fentanyl for just $3,600—exploiting a since-closed customs loophole known as the “de minimis” rule. That exemption had allowed goods valued at or under $800 to be imported duty-free.
A recent report from the House Select Committee on the Chinese Communist Party (CCP) found that Beijing is not only failing to stop the export of fentanyl precursors but is actively encouraging it.
According to the report, the Chinese regime offers tax rebates and state subsidies to companies producing illegal synthetic opioid components, fueling what lawmakers call a deliberate assault on the United States.
“Through its actions, as our report has revealed, the Chinese Communist Party is telling us that it wants more fentanyl entering our country,” Select Committee Chair Mike Gallagher (R-Wis.) said during an April 16, 2024, hearing. “It wants the chaos and devastation that has resulted from this epidemic. And yes, that means more dead Americans.”
In response, the Trump administration in February announced a new round of targeted tariffs on China’s synthetic drug supply chain, aiming to disrupt the production and export of fentanyl precursors.
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Site: Zero HedgeMoody's Downgrades USA Credit Rating From AaaTyler Durden Fri, 05/16/2025 - 17:05
Earlier this week, we noted that short-dated USA sovereign CDS were trading wider than China and Greece as trade policy uncertainty and the debt ceiling 'X-date' loomed...
...well, it appears Moody's Rating Agency noted it too... because they just downgraded the Government of United States of America's (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa and changed the outlook to stable from negative.
The one-notch cut comes more than a year after Moody’s changed its outlook on the US rating to negative, with Moody's joining Fitch Ratings and S&P Global Ratings in grading the world’s biggest economy below the top, triple-A position.
This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns.
Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs.
We do not believe that material multi-year reductions in mandatory spending and deficits will result from current fiscal proposals under consideration.
Over the next decade, we expect larger deficits as entitlement spending rises while government revenue remains broadly flat.
In turn, persistent, large fiscal deficits will drive the government's debt and interest burden higher.
The US' fiscal performance is likely to deteriorate relative to its own past and compared to other highly-rated sovereigns.
The stable outlook reflects balanced risks at Aa1.
The US retains exceptional credit strengths such as the size, resilience and dynamism of its economy and the role of the US dollar as global reserve currency. In addition, while recent months have been characterized by a degree of policy uncertainty, we expect that the US will continue its long history of very effective monetary policy led by an independent Federal Reserve.
The stable outlook also takes into account institutional features, including the constitutional separation of powers among the three branches of government that contributes to policy effectiveness over time and is relatively insensitive to events over a short period.
While these institutional arrangements can be tested at times, we expect them to remain strong and resilient.
The US' long-term local- and foreign-currency country ceilings remain at Aaa.
The Aaa local-currency ceiling reflects a small government footprint in the economy and extremely low risk of currency and balance of payment crises.
The foreign-currency ceiling at Aaa reflects the country's strong policy effectiveness and an open capital account, reducing transfer and convertibility risks.
RATIONALE FOR THE RATINGS DOWNGRADE TO Aa1
Over more than a decade, US federal debt has risen sharply due to continuous fiscal deficits.
During that time, federal spending has increased while tax cuts have reduced government revenues.
As deficits and debt have grown, and interest rates have risen, interest payments on government debt have increased markedly.
Without adjustments to taxation and spending, we expect budget flexibility to remain limited, with mandatory spending, including interest expense, projected to rise to around 78% of total spending by 2035 from about 73% in 2024.
If the 2017 Tax Cuts and Jobs Act is extended, which is our base case, it will add around $4 trillion to the federal fiscal primary (excluding interest payments) deficit over the next decade.
As a result, we expect federal deficits to widen, reaching nearly 9% of GDP by 2035, up from 6.4% in 2024, driven mainly by increased interest payments on debt, rising entitlement spending, and relatively low revenue generation.
We anticipate that the federal debt burden will rise to about 134% of GDP by 2035, compared to 98% in 2024.
Despite high demand for US Treasury assets, higher Treasury yields since 2021 have contributed to a decline in debt affordability.
Federal interest payments are likely to absorb around 30% of revenue by 2035, up from about 18% in 2024 and 9% in 2021. The US general government interest burden, which takes into account federal, state and local debt, absorbed 12% of revenue in 2024, compared to 1.6% for Aaa-rated sovereigns.
While we recognize the US' significant economic and financial strengths, we believe these no longer fully counterbalance the decline in fiscal metrics.
Moody's couldn't help but take a shot at Trump's tariffs:
The US economy is unique among the sovereigns we rate.
It combines very large scale, high average incomes, strong growth potential and a track-record of innovation that supports productivity and GDP growth.
While GDP growth is likely to slow in the short term as the economy adjusts to higher tariffs, we do not expect that the US' long-term growth will be significantly affected.
But they did say something positive...
Despite reserve diversification by central banks globally over the past twenty years, we expect the US dollar to remain the dominant global reserve currency for the foreseeable future.
...
Moreover, the resilience of the US sovereign rating to shocks is supported by strong monetary and macroeconomic policy institutions.
Although policy has been less predictable in recent months, relative to what has typically been the case in the US and other highly-rated sovereigns, we expect that monetary and macroeconomic policy effectiveness will remain very strong, preserving macroeconomic and financial stability through business cycles.
The timing is exceptional, as Republicans try to get Trump's 'big beautiful bill' out of committee... and as everyone knows, there's no such thing as a coincidence in Washington.
US equity markets are trading down after hours on the news:
Trump's gonna be pissed!!
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Site: Zero HedgeTrump Tax Bill Fails To Advance As Conservative Holdouts Double Down On 'No'Tyler Durden Fri, 05/16/2025 - 17:00
Update (1210ET): The House Budget Committee has voted down the reconciliation bill by a vote of 16-21 - with GOP Reps. Clyde, Roy, Breechen, Norman and Smucker (who flipped his vote) all voting "no".
Speaker Mike Johnson (L), President Donald Trump, Rep. Chip Roy (R-TX)
"This bill falls profoundly short. It does not do what we say it does with respect to deficits," said Rep. Chip Roy.
Rep. Andrew Clyde (R-GA) said "I am unable to support this package in its current form, but I look forward to strengthening this bill to ensure that it does pass, so that we full all of our America First promises to the American people."
Whilst Ralph Norman (R-SC) said "Sadly, I’m a hard no until we get this ironed out."
According to Punchbowl's Jake Sherman, Smucker likely flipped "no" to preserve the ability to reconsider the bill at a later time.
House Budget Committee Chairman Rep. Jody Arrington (R-TX) said after the vote "I do not anticipate us coming back today."
* * *
A fiery intra-party fight exploded on Capitol Hill Friday as House Republicans clashed over President Donald Trump's mammoth "One Big Beautiful Bill," with Trump himself jumping into the fray to torch conservative holdouts as attention-hungry "grandstanders."
As the House Budget Committee met to advance the 1,116-plus-page megabill - packed with Trump’s signature proposals on taxes, Medicaid, and immigration - chaos broke out behind the scenes, and in front of the cameras, as hardline conservatives threatened to blow up the entire process.
"Republicans MUST UNITE behind ‘THE ONE, BIG BEAUTIFUL BILL!’" Trump posted on Truth Social. "We don’t need ‘GRANDSTANDERS’ in the Republican Party. STOP TALKING, AND GET IT DONE!"
The scorched-earth post came as the House Budget Committee met down to mark up the massive reconciliation bill, which bundles together much of Trump’s second-term policy wishlist: tax cuts, welfare reform, immigration crackdowns, and the death of Biden’s green energy subsidies.
But what was supposed to be a legislative victory lap turned into a high-stakes hostage crisis, with Speaker Mike Johnson (R-LA) caught between warring GOP factions, each demanding major changes and threatening to sink the bill if they don’t get their way.
Conservatives on the committee - Reps. Chip Roy, Ralph Norman, Andrew Clyde, and Josh Brecheen - signaled they were ready to vote against the bill unless major changes were made. Their demands include a faster phase-in of Medicaid work requirements, a ban on undocumented immigrants receiving federal benefits, and immediate termination of Inflation Reduction Act clean energy provisions.
"If they don’t [change it], I’m gonna vote no. We’ll kill it," Norman warned Thursday. "I don’t want to. But I will."
The vote is ongoing, with Roy and Norman both using their time during committee to voice their opposition, CNN's Sarah Farris reports.
Ok we're now at TWO no votes: Roy and Norman both used their time during committee to say they're opposed
— Sarah Ferris (@sarahnferris) May 16, 2025
Both Brecheen and Clyde supposed to speak now but neither are there to speak. If either opposes, it's done for today. https://t.co/pDIwEaw6zTThe tension spilled into full view Friday morning when Norman, Roy, and Clyde abruptly left the committee room moments before the markup was scheduled to begin, prompting immediate speculation they were staging a walkout. All three returned shortly afterward, saying little, but still signaling deep frustration.
Norman told reporters the situation was “very disappointing," adding “I hope they recess.”
Rep. Roy: “I'm not going home this weekend. I'm staying here all weekend and we're going to get this damn thing done but the right way.
— Rep. Chip Roy Press Office (@RepChipRoy) May 16, 2025
I'm not going to vote for a bad bill. I didn't come here to raise debt. I didn't come here to increase deficits. I didn't come here to cement… pic.twitter.com/0jcqR9cgz3Johnson, for his part, is trying to keep the circus moving. He has pledged to make some concessions - such as speeding up work requirement timelines and possibly harmonizing those across both Medicaid and SNAP - but every adjustment risks triggering a backlash from the other side of the GOP spectrum.
"If you push too hard on one side, the other side bulges out," opines Punchbowl News. "That’s exactly what’s happening here."
Very SALTy
Moderates are already howling over cuts to safety net programs and demanding changes of their own. Blue-state Republicans want the SALT deduction cap raised above the $30,000 ceiling currently in the bill. Rep. Don Bacon (R-NE) wants to remove language that would block legal refugees from getting food aid. And Florida Republicans are furious over a provision that clamps down on provider taxes - a method states use to draw more federal Medicaid dollars.
The markup itself became a theater of dysfunction - with Rep. Blake Moore (R-UT) joking about the fact that he went viral earlier this week for falling asleep during a late-night hearing. “I also appreciate that you schedule the markup during daylight hours,” he said. Chair Jodey Arrington (R-TX) fired back: “Some of the staff decided to chip in and equip your chair with an electric shocking mechanism... I hope that is also a bipartisan proposal.”
Unbelievable. Rep. Blake Moore falls asleep during a committee meeting and had to be woken up. pic.twitter.com/xSKPKkP628
— Thomas Sowell Quotes (@ThomasSowell) May 14, 2025But behind the laughs, the reality is grim. With Rep. Brandon Gill (R-TX) absent for the birth of his child, Johnson can’t afford even a single Republican defection if he wants the bill to make it out of committee.
Majority Leader Steve Scalise (R-LA) tried to downplay the drama, telling reporters, “The goal is to get it out of the committee today... because failure is not an option.”
How did we get here? These speed bumps aren’t surprising. This is a gigantic legislative grab-bag with lots of disparate priorities. We get that. It reminds us a bit of Build Back Better – which failed and led to the IRA, for what it’s worth. -Punchbowl News
Indeed, Speaker Johnson has tried to do what many before him could not: push through a comprehensive, everything-at-once bill that pleases both fire-breathing conservatives and centrist pragmatists. But by skipping the usual slow walk through committee education and member negotiations, he may have created a legislative trap for himself.
And of course, after all of this - the bill still has to get through the Senate...
Stay tuned for updates...
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Site: LifeNews
A post-abortion woman named “Leena” tells the following story:
I’m now 21 years old, and I had my abortion 2 months ago… I was about six weeks pregnant.
It was, and has been, the hardest thing I’ve ever gone through in my life. I didn’t want to do it… I just felt stuck, like I had no choice.
My boyfriend and I had been together for only about six months, and were living together. We were not having protected sex, so my pregnancy was bound to happen.
He knew, before I did, that I was pregnant. He told me for a couple of weeks, and I kept saying, “Nah, nah… my period isn’t due yet.” But I was wrong.
One Saturday, I went to the grocery store to pick up my pregnancy test, and secretly took it that day. When the pink line came up fast, I was completely shocked. I walked out of the bathroom, not being able to speak, and just motioned for my boyfriend to go look in the bathroom.
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The first thing he said to me was, “His name is Alex.” I was in more shock than he was, almost crying. But in the back of my mind, I was so happy. I’d always wanted a baby. I’d always imagined myself pregnant. It was finally happening for me.
For the next few days, my boyfriend told me he’d support me in whatever decision I made, whether it was to keep it, or have an abortion. I always said I didn’t know, but I secretly knew I wanted the baby. I figured, we’re both adults, we both work, and I’m planning on going back to school. To top it off, we’re in love and planned on getting married. I could do this.
But suddenly, he put down the line. I had to abort the baby. We weren’t ready financially or emotionally, he said. I didn’t want to. I cried, and cried.
I couldn’t function during the day. I made an appointment at the abortion clinic. I cried, and cried. The night before my appointment, I cried, and begged him to let me keep it.
There was nothing more I wanted than to keep this baby. I wish I would have been stronger. But I wasn’t, and I went through with it. The morning of my appointment was dark and rainy. We drove, and I was numb.
Once we got inside, I was shocked at how many women/girls were there. I cried from the time that they called my name, to the time I went under anesthesia.
It was the scariest thing I’ve ever been through. And I would never go through it again.
To this day, I hate seeing pregnant women. It can ruin my day to see one. Babies, even.
It breaks my heart to know that in February, I would have had my own. The worst thing is that I feel like I don’t have anyone to talk to.
My boyfriend and I are still together, but it’s not the same. He doesn’t understand what it feels like. God love him, he does try. But a man will never know what an abortion feels like.
The moment you find out your pregnant, you have an instant bond… something that no one will never be able to understand until they experience it themselves.
Did I do the right thing? I still ask myself that everyday. If I took away the emotions, I would say, “Yes.” I’m only 21 years old, and I still have my entire life.
I’m trying to get through school, and work full time to get through it. My boyfriend and I are broke. We are scraping by, with rent every month. Financially, we could not support a baby right now.
But, with the emotions? Yes, I wish I did have that baby. That was my child and, even without any money at all, that would be the love of my life… So its hard to say. Its over now, and I have to get on with my life.
I will always love that little boy with all of my heart and, someday, I’ll have him again. Till then, I just have to learn to be strong.
LifeNews Note: Sarah Terzo covered the abortion issue for over 13 years as a professional journalist. In this capacity, she has written nearly a thousand articles about abortion and read over 850 books on the topic. She has been researching and writing about abortion since attending The College of New Jersey (class of 1997) where she minored in Women’s Studies. This article originally appeared on Sarah Terzo’s Substack. You can read more of her articles here.
The post I Wanted to Keep My Baby, But My Boyfriend Pressured Me Into Abortion appeared first on LifeNews.com.
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Site: Catholic ConclaveCardinal Bishop of Algiers, modernists to the rescue?During the days before the Conclave, in the normal and predictable whirlwind of voices and interviews that these occasions arouse, we had missed the interview given to the daily newspaper of the CEI "Avvenire", on April 29, 2025 (here), by His Eminence Cardinal Jean Paul Vesco, O.P., Cardinal Archbishop of AlgiersThe interview, as you will Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
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Site: Catholic ConclaveAs one of three Papal electors from Germany, Cardinal Reinhard Marx participated in the conclave. In an interview, he now reflected on his first meeting with Cardinal Prevost and commented on the Vatican's financial situation.From the perspective of Munich Cardinal Reinhard Marx, there was only "very isolated" criticism of Pope Francis in the pre-conclave. Trying to pretend nothing is going Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
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Site: LifeNews
Craig Paton reported for the Independent on May 13, 2025 on the Not Dead Yet UK rally outside Holyrood (Scottish parliament) as the Liam McArthur assisted suicide bill was debated and voted on.
The rally opposing assisted suicide featured actress Liz Carr and Scottish Labour MSP Pam Duncan-Glancy.
Paton reported that Silent Witness star Liz Carr told campaigners outside the Scottish Parliament that:
“I am so fed up of having to answer strangers’ questions, even in this day and age, who think that being us must be the worst thing imaginable,” she said to campaigners, which included a number of disabled people.
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“That having pain, having difficulty with everyday activities, must mean that it would be better if we were dead – that is not the case.”
Paton reported that Liz Carr qualifies for assisted suicide under the bill.
“But it also has a definition that I would qualify under, I would define myself as a disabled person, but actually the definition of having a progressive condition, I would come under that.
“So the potential for this to include far more than just those with true terminal illnesses … those as well with degenerative conditions, is what concerns so many of us and so many of the people that are here today.”
Scottish Labour MSP Pam Duncan-Glancy, who strongly opposes assisted suicide, also spoke at the rally. Paton reported:
Addressing the dozens of campaigners outside Holyrood, Ms Duncan-Glancy said: “If any of my colleagues are in any doubt whatsoever, if in doubt: don’t.”
She added: “The risk is too high.
“And so I hope that my colleagues will listen carefully to that and will not support this legislation this afternoon.
“I know that I will, on behalf of all of you, go in there and fight for out lives.”
The bill passed at second reading by a vote of 70 to 56. The bill will now go to committee and a final vote is expected later this year.
LifeNews.com Note: Alex Schadenberg is the executive director of the Euthanasia Prevention Coalition and you can read his blog here.The post Disabled People are Not “Better off Dead” appeared first on LifeNews.com.
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Site: Fr. Z's BlogOn this Feast of St. John Nepomuceno the sun came into view at 5:47. We will lose sight of it again at 20:27. Our ears will not hear the un-run Ave Maria Bell at 20:45 in the Roman Curia, but … Read More →
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Site: Catholic ConclaveIn the final year of his Pontificate, Pope Francis repeatedly pointed out the Vatican's dramatic deficit. While Cardinal Marx sees a clear need for action, he warns against panic-mongering – and explains what he believes is behind the headlineMunich Cardinal Reinhard Marx rejects reports of deep red figures in the Vatican. "I can't confirm that. The situation isn't as catastrophic as some claim,"Catholic Conclavehttp://www.blogger.com/profile/06227218883606585321noreply@blogger.com0
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Site: RT - News
James Comey knew exactly what his recent cryptic social media post meant, the US president has claimed
US President Donald Trump has accused former FBI director James Comey of posting a since-deleted social media post calling for his “assassination.”
Comey posted a photograph of seashells spelling out the numbers ‘86 47’ in a now-deleted Instagram post on Thursday. He captioned the cryptic post with “cool shell formation on my beach walk.”
White House officials and Republicans quickly interpreted the post as a coded threat to the 47th US president, arguing that the number 86 is intended as slang for ‘get rid of’ or ‘kill’.
Comey subsequently deleted the image and explained in a separate post: “I posted a picture earlier of some shells I saw on a beach walk, which I assumed were a political message. I didn’t realize some folks associate those numbers with violence. It never occurred to me but I oppose violence of any kind so I took the post down.”
Trump isn’t convinced.
“He knew exactly what that meant. A child knows what that meant,” he told Fox News in an interview on Friday.
That meant assassination. And it says it loud and clear.
“If you’re the FBI director… and you don't know what that meant? Now, he wasn’t very competent, but he was competent enough to know what that meant,” the president added.
Donald Trump Jr. also saw Comey’s Instagram post as a call to murder his father.
Just James Comey causally calling for my dad to be murdered.
— Donald Trump Jr. (@DonaldJTrumpJr) May 15, 2025
This is who the Dem-Media worships. Demented!!!! pic.twitter.com/4LUK6crHATDirector of National Intelligence Tulsi Gabbard said Comey could face legal consequences for the incident.
Read moreEx-FBI director Comey under investigation for ‘call to assassinate Trump’
“The rule of law says people like him who issue direct threats against the president of the United States, essentially issuing a call to assassinate him, must be held accountable under the law,” she said in an interview with Fox News on Friday.
Comey and Trump have been at odds for years. The US president fired him as the FBI director in 2017, during his first term in the White House. Trump later accused him of spreading “false statements and lies” and of being a “dirty cop.”
During his 2024 reelection campaign, Trump survived an assassination attempt when a gunman took shots at him during a rally in Butler, Pennsylvania. The would-be assassin grazed Trump’s ear with a bullet, killed a spectator in the crowd behind him, and injured several others. In addition, at least one other plot to kill Trump was foiled in the lead-up to last year’s election.
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Site: LifeNews
Despite the U.S. Supreme Court overturning Roe v. Wade and Planned Parenthood v. Casey on June 24, 2022, Planned Parenthood aborted more unborn children during the 2023-2024 fiscal year than the previous year and brought in a $100 million increase in taxpayer funding.
In the recently released 2023-2024 fiscal year annual report titled, “A Force for Hope,” Planned Parenthood performed 402,230 abortions during that time. That is an increase of nearly 10,000 abortions over the previous year (392,715).
The report also showed Planned Parenthood received about $792.2 million in “Government Health Services Reimbursements & Grants” versus $699.3 million from the previous year. U.S. taxpayers are
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Planned Parenthood’s largest financial contributor by supplying 39 percent of the organization’s $2 billion in revenue.
The nation’s largest abortion business, which commits over 1,100 abortions per day, presents killing unborn children and harming women as “inspiring hope.” The annual report begins, “Every time a patient walks through the doors of a Planned Parenthood health center, it is an act of hope — hope that they’ll get the care they need, that their decisions about their own bodies will be honored, that they’ll be truly seen. Every time a young person searches online for health information, their hope is that someone, somewhere has unbiased, real answers. Every time someone takes a birth control pill, or gets their IUD taken out, or goes with their partner for STI testing, they are filled with hope that the future they plan is possible.”
Twelve states now have banned elective abortions, and six states passed restrictions at or before 12 weeks of pregnancy. However, Planned Parenthood reports how it “helped” more than 100,000 women seeking abortions in the past year, particularly those who traveled from pro-life states elsewhere. More than 12,500 women received on average $275 to go toward travel costs. That’s more than $3.4 million in direct funding for abortion travel.
Chemical abortions now account for at least 63 percent of all U.S. abortions, an increase from 53 percent in 2020. Contributing to that is a new telehealth platform that Planned Parenthood provides in 42 states and Washington, D.C., for many services, including abortion pills to women who do not have to see a doctor in person to be screened for complications.
The annual report also highlights the first birth control pill available in the U.S. without a prescription as well as updated education videos available to anyone on YouTube regarding chemical abortions.
Even though it is the largest abortion provider in America, Planned Parenthood’s annual report claims that abortion is only four percent of the organization’s “medical services” for the last fiscal year. However, Planned Parenthood arrives at this false statistic by dividing the number of children it aborted (402,230) for the year by the number of “services” the group provided (9.4 million). This means when a woman visits a Planned Parenthood facility to obtain an abortion, she is also given a pregnancy test, an STI test, a cancer screening and contraception. Therefore, the abortion procedure would be considered 20 percent of the “services” she received. Using this deceptive formula, the report manipulates the data to make it appear as if abortion is a tiny percent of its “services,” though a much higher percentage of actual patients who visit Planned Parenthood facilities are there, first and foremost, to obtain an abortion.
Liberty Counsel Founder and Chairman Mat Staver said, “Planned Parenthood’s annual report reveals once again that its primary mission is making huge profit under the guise of ‘providing hope’ to women by killing their unborn babies. Abortion is not health care. It is human genocide for profit. We must continue to fight to protect these helpless children.”
The post Planned Parenthood is Killing 1,100 Babies Every Day. Defund It Now appeared first on LifeNews.com.
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Site: LifeNews
Adriana Smith was 9 weeks pregnant when she sought medical treatment for severe headaches. Medical providers gave her medication but didn’t realize Smith had multiple blood clots in her brain until it was too late. Smith was declared brain dead about 3 months ago. A Georgia hospital has been keeping her on life support since, and her son is now about 21 weeks. Doctors are hoping to get him to 32 weeks.
These situations are rare, but not entirely unprecedented. One systematic review found that, in 35 cases of maternal brain death, 77% of neonates were born alive and 85% of those born alive had normal outcomes by 20 months after birth. However, in this study the mothers experienced brain death on average closer to 20 weeks gestation and were on life support for an average of about 7 weeks. Smith was only 9 weeks pregnant when she was declared brain dead, and she’s already been on life support for over 12 weeks. It’s certainly possible her son could be born alive and healthy, but the odds aren’t clear.
Smith’s family said doctors told them they can’t take Smith off life support due to Georgia’s abortion law. Media coverage doesn’t quote any doctors, attorneys, or any experts involved in either Smith’s case or Georgia law generally.
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Georgia law defines abortion as “the act of using, prescribing, or administering any instrument, substance, device, or other means with the purpose to terminate a pregnancy…” Removing life support would not involve “administering” anything. It’s not clear Georgia’s abortion law is actually the issue here.
It’s more likely that Georgia’s law regarding withdrawing life support for pregnant patients is the issue. GA Code § 31-32-9 states that doctors can’t withdraw life support from pregnant patients unless both (1) the fetus isn’t viable and (2) the patient had an advanced directive explicitly stating she wanted withdrawal of life-sustaining measures.
Note this code isn’t a result of Dobbs. It was enacted 15 years prior, in 2007. Most states have similar measures, including pro-choice states such as Alaska, Colorado, Illinois, Nevada, New Hampshire, and Pennsylvania.
So far I haven’t seen media coverage — or abortion advocates — make any mention of what Smith herself would have wanted in this situation. (I find it’s pretty common for abortion advocates to not seriously consider that some women would not want our unborn children to die, even if it costs us.) If abortion advocacy were primarily about autonomy, you’d think Smith’s likely perspective would be worth at least considering.
I also haven’t so far seen any mention of the perspective of Smith’s boyfriend, her son’s father.
There is discussion of the perspective of Smith’s mother, April Newkirk, who is upset that doctors said it’s not ultimately up to Smith’s family whether to take her off life support. Still even Newkirk says that, had it been the family’s choice, they “might not have chosen to end the pregnancy.”
It’s a testament to how very little abortion advocates value unborn children, that even in a case where the woman (1) cannot be harmed by continuing the pregnancy and (2) may very well have wanted her child to live, the framing is outrage that her son’s life is prioritized.
LifeNews.com Note: Monica Snyder is the executive director of Secular Pro-Life, an organization that uses non-religious arguments to promote the pro-life perspective. Snyder worked as an investigator with the human rights organization, Live Action, to investigate the Washington-Surgi Abortion Clinic to expose their late-term abortion practices. This appears in the November issue of National Right to Life News.
The post Doctors Fight to Save Life of “Brain Dead” Mom’s Unborn Baby appeared first on LifeNews.com.
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Site: Zero HedgeTrump's Trade War Lit A Fire Under YETI CoolersTyler Durden Fri, 05/16/2025 - 15:00
Our previous supply chain analysis revealed a list of major US brands that remained heavily exposed to China. The ongoing trade war has lit a fire under U.S. management teams, accelerating efforts to shift production—either through friend-shoring or reshoring—as it appears likely that some level of tariffs on Chinese goods will remain through the second half of the year.
The latest U.S. company highlighting its China exposure is drinkware brand YETI, which disclosed at an investor conference this week that shifting production out of China has become a top priority.
Goldman analysts Brooke Roach, Evan Dorschner, and others wrote in a note on Thursday about the top takeaways from their visit to YETI's headquarters in Austin, Texas, for an investor meeting.
Roach said their conversations with management revolved around :
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U.S. growth;
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Drinkware;
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Product innovation and portfolio extension;
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Supply chain transformation and tariffs;
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International expansion
On US growth, the drinkware business, and the innovation pipeline, the analyst summarized their conversations with management:
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U.S. growth opportunity: YETI continues to see immense growth opportunity in its core U.S. market. Within this, management expects growth to be driven by three components: (1) Stoking brand heat; (2) Continuing to build out the product portfolio; and (3) Expanding the depth of their channels. On product, management's tone was especially positive on the bags category as a driver, but they also highlighted continued extensions of their core hard cooler and drinkware portfolios through new form factors, use cases, sizes, and other diversification.
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Drinkware: While drinkware remains an area of pressure for the business overall given headwinds in specific SKUs, the company continues to see growth opportunity for the category as a result of innovation and new form factors. Management sounded particularly constructive on improving upon core products (such as stackable products vs. original items in the same family), as well as ceramic coated drinkware items and the upcoming sports jug launch. The food and cooking categories are also an area of opportunity, with management noting that several recent launches (food storage and bowls) were top requested items from ambassadors and customers. The company also pointed out its historical ability to weather other drinkware cycles in the past. Looking ahead, the company remains focused on driving relevancy in the core through innovation, though SKU productivity remains a key priority as well.
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Approach to innovation: The company is accelerating its innovation pipeline, with plans to launch 30 products this year and sustain the faster pace of innovation recently reached, while simultaneously building brand stories around new product launches. YETI discussed its approach to innovation, noting they have dedicated senior leaders who focus on each of their core growth opportunities: (1) softgoods; (2) C&E, and (3) food and beverage. The company highlighted that its current product portfolio provides opportunities for significant expansion in the shoulder areas of where they currently play, with products having connections to the core brand. Importantly, all products must have durability, performance, and design as core principles, as well as offer relevance to the consumer in multiple aspects of their life. YETI is thus focused on broader use cases outside of core outdoor categories (i.e. bags and backpacks rather than just the subcategory of hydration bags). Management noted several new innovations are on the horizon, including a broader rollout of their small soft coolers / lunchbag category and additional SKUs in the backpack category.
Here's where analysts and YETI management discussed tariffs, sourcing, and international strategy.
The key takeaway: tariff pressures have accelerated YETI's supply chain shift out of China, with production increasingly moving to Thailand, Malaysia, and other Southeast Asian countries equipped with full-scale manufacturing capabilities.
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Tariff commentary: YETI highlighted tariff disruption did drive the company to rework its product development process, driving a faster innovation cycle and speed to market. The company noted that the tariff impact will depend on timing of purchases and capitalization of inventory on the balance sheet (with constraints focused on new launches with production in China), but that it can recapture a lot of the pressures as they continue to diversify and optimize their supply chain.
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Sourcing: Shifting production out of China remains a key priority for YETI. The company clarified that its top partners have been building manufacturing facilities in Thailand and Malaysia which are now ramping. Beyond this, tertiary partners are also shifting production outside of China but are in earlier stages of the transition, with factories set to open in SE Asia. Net, the company expects to have four key partners and five factory facilities outside of China in their first wave of diversification which leverages existing suppliers. Importantly, management noted these facilities have full manufacturing capabilities (not just finishing and testing), are efficient (strong labor force / robotics capabilities), and have competitive costing to China sourcing (following initial start-up inefficiencies).
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International: Management reiterated the Australian and Canadian markets continue to perform well overall, and struck a constructive tone regarding the company's potential in the UK. Germany is also a high-potential market but is in earlier stages of scaling compared to the UK. YETI also highlighted the whitespace it has in Asia which is largely an untapped market for the company.
Roach has a "Neutral" rating on YETI shares with a 12-month price target of $28.
On Tuesday, Aaron Jagdfeld, CEO of Generac Holdings, appeared on Bloomberg Television to discuss the company's long-term strategy to reduce reliance on Chinese supply chains. He outlined that Generac has been reducing its supply chain exposure to China since President Trump's first term and will reduce its 10% exposure to 5% in 18 months.
Seattle, Washington-based Wyze Labs, a popular seller on Amazon of smart home and wireless camera products, revealed on X earlier this month that their "first tariff bill" has "accelerated" efforts to leave China in two months, with serious consideration of restoring supply chains in the United States.
Trump's tariff shock is working. It has always been about pressuring corporate America to detach from cheap China supply chains and either friend-shore or re-shore.
. . .
Just a reminder...
In Hot Water: YETI Bars Conservative Group from Customizing Cups https://t.co/1EGUoSSiY1
— zerohedge (@zerohedge) March 28, 2025 -
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