Author

admin

Browsing

With Bitcoin and other digital stores of wealth gaining popularity, Bitcoin mining stocks offer another investment opportunity for those who believe in the future of this technology.

Although the cryptocurrency market is marked by high volatility, analysts such as Peter Eberle, president and CEO of Castle Analytics, believe it could be a rewarding sector for investors this year and next.

“The incoming pro-crypto Trump White House has given a lot of confidence to investors, both institutional and retail, and this should reduce the uncertainty that has held many investors back from the sector,’ he continued. ‘Both Canadian and US crypto investors should see the benefits from this confidence in the asset class.’

Bitcoin set a new all-time high price of US$103,697 on December 4, 2024, and is trading above US$97,644 as of February 4, 2025.

The global cryptocurrency-mining market is forecast to reach nearly US$8.24 billion by 2034, growing at a compound annual growth rate of 12.9 percent between 2024 and 2034.

“The industry is expanding primarily because of the development of distributed ledger technologies and an increase in electronic venture capital investment,” notes Precedence Research. “Digital currency is now being used by developing nations as a means of financial transactions.”

US cryptocurrency stocks

1. MARA Holdings (NASDAQ:MARA)

Company Profile

Market cap: US$5.99 billion

MARA Holdings, previously Marathon Digital Holdings, was one of the first cryptocurrency-mining companies to begin trading on the NASDAQ. The digital assets company is focused on building North America’s largest and lowest-cost mining operation.

In its Q3 2024 financial and operational report, MARA shared that its hash rate for the quarter increased by 93 percent year-over-year to 36.9 exahashes per second (EH/s) and that its Bitcoin production came in at 2,070 Bitcoin. With the price of Bitcoin spiking more than 116 percent compared to the same quarter in the previous year, this helped the company’s revenues shoot up by 35 percent to US$132 million.

2. Riot Platforms (NASDAQ:RIOT)

Company Profile

Market cap: US$4.23 billion

Bitcoin miner Riot Platforms is another one of the relatively few crypto mining companies trading on the NASDAQ. In addition to mining Bitcoin itself, the company has multiple subsidiaries working in different aspects of the business, including one that hosts Bitcoin-mining equipment for clients.

In the third quarter of 2024, Riot’s Bitcoin production came in at 1,104 Bitcoin, in line with the figure it produced for the same quarter in the previous year, despite the halving event in April. However, robust gains in the price of Bitcoin still allowed for an increase in total revenues year over year, coming in at US$84.8 million, up 65 percent compared to the same quarter in 2023.

3. Cipher Mining (NASDAQ:CIFR)

Company Profile

Market cap: US$2.02 billion

Cipher Mining operates an industrial-scale ecosystem of Bitcoin-mining data centers, offering Bitcoin-mining services to customers worldwide.

The company’s total self-mining capacity goal of 13.5 EH/s was reached in December 2024. Cipher plans to expand further to approximately 25.1 EH/s by the end of 2025. In Cipher’s Q3 2024 report, the company shared that it saw revenue of US$24.1 million during the quarter, down 20.5 percent year-over-year. Its assets included 95,459 Bitcoin at that time, up significantly from 32,978 Bitcoin at the end of 2023.

Canadian cryptocurrency-mining stocks

1. Hut 8 Mining (TSX:HUT)

Company Profile

Market cap: C$2.95 billion

Hut 8 Mining is one of the largest Bitcoin and Ethereum mining companies in the world. It has more than 1,322 megawatts of existing power capacity; 10 Bitcoin mining, hosting, and managed services facilities; and five high performance computing data centers.

As of the end of the third quarter of 2024, the company’s self-mined Bitcoin held in revenue stock stood at 9,106. Hut 8 mined 234 Bitcoin in the quarter, down 65 percent from its output in the same period last year as it had shut down its Drumheller, Alberta, site over high energy costs. However, revenue reached US$43.7 million, up by more than 103 percent year over year.

2. Bitfarms (TSX:BITF)

Company Profile

Market cap: C$1.03 billion

Blockchain infrastructure firm Bitfarms is one of the largest cryptocurrency-mining operators in the Americas. The firm has 13 Bitcoin mining facilities across Canada, the US, Paraguay and Argentina.

In its third quarter 2024 report, Bitfarms highlighted total revenue of US$45 million, up 30 percent year over year. As of late January 2025, the company had a hashrate of 15.2 EH/s, up from 7 EH/s in mid-May 2024. Management believes Bitfarms is on track to achieve a hashrate of 21 EH/s this year.

After receiving an unsolicited takeover bid from Riot Platforms and competing ones from other companies in H1 2024, Bitfarms began conducting a strategic review to determine the best path forward for its shareholders.

3. HIVE Digital Technologies (TSXV:HIVE)

Company Profile

Market cap: C$547.14 million

Mining digital assets such as Ethereum, Ethereum Classic and Bitcoin, HIVE Digital Technologies is a crypto mining company that operates mining facilities in Sweden, Canada and Iceland. The company was the first publicly traded cryptocurrency miner, listing on the TSX Venture Exchange in 2017.

HIVE reported in early January that its Bitcoin holdings stand at 2,805 Bitcoin. As of the end of December 2024, the company reached 6.0 EH/s of operational hashrate, up 47 percent from 4.08 EH/s on December 31, 2023.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Despite Democratic tactics to delay the confirmation vote, the Senate confirmed Russell Vought to lead the Office of Management and Budget (OMB).

Republicans backed Vought’s nomination, arguing he proved a qualified candidate for the role since he previously held the position during President Donald Trump’s first term. Democrats, however, raised multiple concerns about his nomination and said his views on the Impoundment Control Act, which reinforces that Congress holds the power of the purse, disqualified him from the role. 

Democrats held a 30-hour-long protest against Vought’s nomination, delivering speeches in the middle of the night on Wednesday in an attempt to delay the confirmation vote. 

The Senate, in a chaotic final floor vote on Thursday evening, voted to confirm Vought to lead the OMB, 53 to 47.

Democratic senators repeatedly injected themselves during the confirmation vote, protesting the nomination until the last second.

‘No debate is permitted during a vote,’ Sen. Ashley Moody, R-Fla., told the lawmakers.

The OMB is responsible for developing and executing the president’s budget, as well as overseeing and coordinating legislative proposals and priorities aligned with the executive branch. 

Vought appeared before the Senate Budget Committee and the Senate Homeland Security and Governmental Affairs Committee for confirmation hearings, where he defended statements asserting that the Impoundment Control Act is unconstitutional. 

The law, adopted in 1974, stipulates that Congress may oversee the executive branch’s withholdings of budget authority. But Vought encountered criticism from Democrats for freezing $214 million in military aid for Ukraine in 2019 — a decision that ultimately led to Trump’s first impeachment.  

‘You’re quite comfortable assuming that the law doesn’t matter and that you’ll just treat the money for a program as a ceiling … rather than a required amount,’ Senate Budget Committee ranking member Jeff Merkley, D-Ore., said Wednesday. ‘Well, the courts have found otherwise.’ 

In the 1975 Supreme Court ruling Train v. New York, the court determined the Environmental Protection Agency must use full funding included in the Federal Water Pollution Control Act Amendments of 1972, even though then-President Richard Nixon issued orders to not use all the funding. 

Even so, Vought told lawmakers that Trump campaigned on the position that the Impoundment Control Act is unconstitutional — and that he agrees with that. 

Vought’s statements on the issue left Sen. Richard Blumenthal, D-Conn., ‘astonished and aghast’ during one confirmation hearing. 

‘I think our colleagues should be equally aghast, because this issue goes beyond Republican or Democrat,’ Blumenthal said on Jan. 15. ‘It’s bigger than one administration or another. It’s whether the law of the land should prevail, or maybe it’s up for grabs, depending on what the president thinks.’

Vought also faced questioning from Democrats on his views regarding abortion as an author of Project 2025, a political initiative conservative think tank The Heritage Foundation released in 2023 that called for policy changes that would implement a national ban on medication abortion. 

Other proposals included in Project 2025 include eliminating the Department of Education; cutting diversity, equity and inclusion programs; and reducing funding for Medicare and Medicaid. 

‘You have said that you don’t believe in exceptions for rape, for incest, or the life of the mother,’ Sen. Patty Murray, D-Wash., said during a confirmation hearing on Wednesday. ‘Is that your position?’

‘Senator, my views are not important,’ Vought said. ‘I’m here on behalf of the president.’ 

Trump repeatedly has stated that he backs abortion in certain instances, and stated that ‘powerful exceptions’ for abortion would remain in place under his administration.

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

People on the streets of Ecuador can rattle off the places they have encountered criminals: On the bus, at the park, on the sidewalk, in a cab, by the mall, next to a restaurant.

And, while finger-counting, they can just as easily list what they lost in the multiple robberies or hours long kidnappings they have experienced: A full month’s salary; a second, third or fifth cellphone; a wallet.

So many of them have become crime victims since violence erupted in their country four years ago that they are no longer shaken by their friends’ stories of burglaries, carjackings or other offenses. Still, their personal and collective losses will be a determining factor Sunday, when they head to the ballot box to decide if a fourth president in as many years can turn Ecuador around or if incumbent President Daniel Noboa, deserves more time in office.

“Nothing has improved since the violence broke out,” Briggitte Hurtado said on a recent evening when her fashion jewelry stall and others on the boardwalk in the port city of Guayaquil had no customers.

“People used to go out more, and there was more activity on this area. I still don’t know who to vote for.”

Hurtado, 23, said she remains skeptical of Noboa because of her experiences since he became president in November 2023. She was robbed twice leaving work last year, but even worse, she said, was being driven around the city in a cab for four hours with her boyfriend until the driver and an associate managed to withdraw $800 from his account.

The spike in violence across the South American country is tied to the trafficking of cocaine produced in neighboring Colombia and Peru. Mexican, Colombian and Balkan cartels have set down roots in Ecuador and operate with assistance from local criminal gangs.

Sunday’s ballot features 16 candidates, including Noboa and leftist lawyer Luisa González, whom he defeated in the runoff of a snap election triggered by the decision of then-President Guillermo Lasso to dissolve the National Assembly and shorten his own mandate as a result. Noboa and González had only served short stints as lawmakers before launching their 2023 presidential campaigns.

Noboa and González, a mentee of former President Rafael Correa, are the frontrunners.

To win outright Sunday, a candidate needs 50% of the vote or at least 40% with a 10-point lead over the closest opponent. If needed, a runoff election would take place on April 13.

“People start thinking ‘How’s Noboa?’ But they immediately ask, ‘Do I want to return to Correismo or not?’” Will Freeman, a fellow for Latin American relations at the Council on Foreign Relations, said referring to the free-spending socially conservative movement labeled after Correa who governed Ecuador from 2007 through 2017, grew increasingly authoritarian in the latter years of his presidency and was sentenced to prison in absentia in 2020 in a corruption scandal.

“That to me is the biggest thing playing in Noboa’s favor right now, and obviously, he’s extremely lucky that’s the way people assess politics because I do think people are voting a bit less for him than against Correismo still.”

González, 47, held various government jobs during Correa’s presidency and was a lawmaker until May 2023. She was unknown to most voters until his party picked her as its presidential candidate that year.

Noboa, 37, is an heir to a fortune built on the banana trade. His political career began in 2021, when he won a seat in the National Assembly and chaired its Economic Development Commission. He opened an event organizing company when he was 18 and then joined his father’s Noboa Corp., where he held management positions in the shipping, logistics and commercial areas.

Under his presidency, the homicide rate dropped from 8,237, or 46.18 per 100,000 people, in 2023 to 6,964, or 38.76 per 100,000 people, last year. Still, it remained far higher than the 1,188 homicides, or 6.85 per 100,000 people, in 2019.

Kidnappings increased from 1,643 cases in 2023 to 1,761 through November 2024.

But while Noboa has delivered with the type of no-holds-barred crimefighting that some voters find appealing, he has also tested the limits of laws and norms of governing.

The country has been under a state of emergency since he authorized it in January 2024 in order to mobilize the military in certain places, including prisons, where organized crime has taken hold. To the shock and bewilderment of world leaders, Noboa also authorized last year’s police raid on Mexico’s embassy in the capital, Quito, to arrest former Vice President Jorge Glas, a convicted criminal and fugitive who had been living there for months.

Further, he entrusted presidential powers earlier this year to a government official, not elected Vice President Verónica Abad, while he campaigned. Both began feuding before taking office.

The origins of the dispute are unknown, but shortly after becoming president, Noboa dispatched Abad to serve as ambassador to Israel, effectively isolating her from his administration. She has described her monthslong posting as “forced exile.”

Voting in Ecuador is mandatory. On Thursday, thousands of inmates who await sentencing cast ballots at voting centers set up in more than 40 prisons

Despite the multiple options from which to choose a president, some voters in Guayaquil, the epicenter of Ecuador’s violence, prefer to cast blank votes to express their discontent.

Resident Dario Castro plans to do that Sunday. Last year, he was robbed twice while riding the bus and his brother was kidnapped. He now only sees two radical options to end the crisis.

“Either you make a pact with the mafia, or you attack it with everything you have, otherwise the people will be left unprotected,” Castro, 46, said.

This post appeared first on cnn.com

Investment will contribute towards feasibility work for key infrastructure between the mines and the Chibougamau Processing Facility

HIGHLIGHTS:

  • Cygnus has received conditional approval form the Critical Minerals Infrastructure Fund (‘CMIF’) for up to a C$1.3 million investment to complete pre-construction milestones
  • Funding pending final due diligence (currently in progress) by Natural Resources Canada and the execution of a definitive contribution agreement
  • The CMIF is Natural Resources Canada’s flagship program under the Canadian Critical Minerals Strategy to support clean energy and transportation infrastructure projects necessary to increase Canada’s supply of responsibly sourced critical minerals, and the development of domestic and global value chains for the green and digital economy.
Cygnus President & Managing Director, Ernest Mast said : ‘This funding approval recognises that our Chibougamau Copper-Gold project is one of the more advanced critical minerals projects in Quebec, Canada. Our projects are near to the town of Chibougamau, however there are ancillary infrastructure requirements, and this additional funding is very helpful for us as we progress towards the feasibility study.

Separately, Cygnus is very focussed on growing the resources of our project and pleasingly our exploration program is in full swing’

Cygnus Metals Limited (ASX: CY5; TSXV: CYG) (‘Cygnus’ or the ‘Company’) is pleased to announce that that its subsidiary, CBay Minerals Inc., has received conditional approval from the Critical Minerals Infrastructure Fund (‘CMIF’) for up to a C$1.3 million investment for pre-construction milestones of its proposed hub-and-spoke operation in the Chibougamau mining camp in northern Quebec.

The funding, pending final due diligence by Natural Resources Canada (‘NRCan’) and the execution of a definitive contribution agreement, will support eligible expenses related to the completion of pre-construction milestones, including a feasibility study and environmental and social impact assessment (‘ESIA’) to support two-lane gravel roads and 25-kV electrical powerlines required for the future underground mines to operate between the Devlin and Corner Bay deposits and the Chibougamau Processing Facility.

Today, in Montreal, the Honourable Jonathan Wilkinson, Canada’s Minister of Energy and Natural Resources announced up to C$43.5 million in investments from the CMIF and the Critical Minerals Research, Development and Demonstration program for seven projects that will help to advance critical minerals research and infrastructure developments in Quebec. Mr. Ernest Mast, Cygnus’ President and Managing Director spoke at the event and thanked the government for their support.

Prior, on November 25, 2024, the Honourable Jonathan Wilkinson, along with Maïté Blanchette Vézina, Quebec’s Minister of Natural Resources and Forests, announced up to C$545 million in funding for several programs and projects that will help to advance shared climate priorities and infrastructure developments in Quebec. In addition, the Ministers also announced the beginning of formal collaboration under the Quebec–Canada Collaboration Table on Resources and Energy to help ensure the province realises its full potential in a net-zero emissions world.

Critical Minerals Infrastructure Fund ( CMIF )

The CMIF is Natural Resources Canada’s flagship program under the Canadian Critical Minerals Strategy to support enabling clean energy and transportation infrastructure projects necessary to increase Canada’s supply of responsibly sourced critical minerals, and the development of domestic and global value chains for the green and digital economy.

About the Chibougamau Copper-Gold Project

The Project is located in central Quebec, Canada approximately 480km due north of Montreal. The province of Quebec has been recognised as a top ten global mining investment jurisdiction in the 2023 Fraser Institute Annual Survey of Mining Companies. The Project has excellent infrastructure with a local mining town, sealed highway, airport, regional rail infrastructure and access to hydro power via installed powerlines.

The Project has high-grade resources including Measured and Indicated Mineral Resources of 3.6Mt at 3.0% CuEq and Inferred Mineral Resources of 7.2Mt at 3.8% CuEq with significant potential to grow (refer to Table 1). 1

The Company sees substantial opportunity to create shareholder value by an established high-grade resource with opportunity for growth, excellent infrastructure, 900ktpa processing facility and clear pathway to production, all within a quality endowed mineral terrane that has seen minimal modern exploration.

This announcement has been authorised for release by the Board of Directors of Cygnus.

David Southam
Executive Chair
T: +61 8 6118 1627
E: info@cygnusmetals.com
Ernest Mast
President & Managing Director
T: +1 647 921 0501
E: info@cygnusmetals.com
Media:
Paul Armstrong
Read Corporate
T: +61 8 9388 1474

About Cygnus Metals

Cygnus Metals Limited (ASX: CY5, TSXV: CYG) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.

________________________
1 The Mineral Resource estimate at the Chibougamau Project is a foreign estimate prepared in accordance with CIM Standards. A competent person has not done sufficient work to classify the foreign estimate as a mineral resource in accordance with the JORC Code, and it is uncertain whether further evaluation and exploration will result in an estimate reportable under the JORC Code.

FORWARD LOOKING STATEMENTS

This document contains ‘forward-looking information’ and ‘forward-looking statements’ which are based on the assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of Cygnus believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects’, ‘anticipates’, ‘plans’, ‘believes’, ‘estimates’, ‘seeks’, ‘intends’, ‘targets’, ‘projects’, ‘forecasts’, or negative versions thereof and other similar expressions, or future or conditional verbs such as ‘may’, ‘will’, ‘should’, ‘would’ and ‘could’. Although Cygnus and its management believe that the assumptions and expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of Cygnus to be materially different from any anticipated future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the actual results of current or future exploration, changes in project parameters as plans continue to be evaluated, changes in laws, regulations and practices, the geopolitical, economic, permitting and legal climate that Cygnus operates in, as well as those factors disclosed in Cygnus’ publicly filed documents. No representation or warranty is made as to the accuracy, completeness or reliability of the information, and readers should not place undue reliance on forward-looking information or rely on this document as a recommendation or forecast by Cygnus. Cygnus does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

QUALIFIED PERSON AND COMPLIANCE STATEMENTS

The Company first announced the foreign estimate of mineralisation for the Chibougamau Project on 15 October 2024, which was prepared by Qualified Person (‘QP’) Luke Evans, M.Sc., P.Eng, ing., of Roscoe Postle Associates Inc. (now SLR Consulting (Canada) Ltd.). The Company confirms that the supporting information included in the announcement of 15 October 2024 continues to apply and has not materially changed, notwithstanding the clarification announcement released by Cygnus on 28 January 2025 (‘Clarification’). Cygnus confirms that (notwithstanding the Clarification) it is not aware of any new information or data that materially affects the information included in the original announcement and that all material assumptions and technical parameters underpinning the estimates in the original announcement continue to apply and have not materially changed. Cygnus confirms that it is not in possession of any new information or data relating to the foreign estimate that materially impacts on the reliability of the estimates or Cygnus’ ability to verify the foreign estimates as mineral resources in accordance with the JORC Code. The Company confirms that the supporting information provided in the original market announcement continues to apply and has not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original market announcement.

Metal equivalents for the foreign estimate have been calculated at a copper price of US$8,750/t, gold price of US$2,350/oz, copper equivalents calculated based on the formula CuEq (%) = Cu(%) + (Au (g/t) x 0.77258). Metallurgical recovery factors have been applied to the copper equivalents calculations, with copper metallurgical recovery assumed at 95% and gold metallurgical recovery assumed at 85% based upon historical production at the Chibougamau Processing Facility, and the metallurgical results contained in Cygnus’ announcement dated 28 January 2025. It is the Company’s view that all elements in the copper equivalent calculations have a reasonable potential to be recovered and sold.

Table 1: Chibougamau Copper-Gold Project – Foreign Mineral Resource Estimate Disclosures as at 30 March 2022

Category Tonnes
(k)
Cu Grade
(%)
Au Grade
(g/t)
Cu Metal
(kt)
Au Metal
(koz)
CuEq Grade
(%)
Measured 120 2.7 0.3 3 1 2.9
Indicated 3,500 2.5 0.6 87 65 3.0
M+I 3,600 2.5 0.6 90 66 3.0
Inferred 7,200 3.0 1.1 216 248 3.8


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

The fight for control of the House of Representatives in the 2026 midterm elections will be fought on a limited battlefield, a leading nonpartisan political handicapper predicts.

The Cook Political Report, as it unveiled its first rankings for the next midterm elections on Thursday, listed 10 Democrat-held seats and eight Republican-controlled seats as toss-ups. 

The GOP, when at full strength, will hold a razor-thin 220-215 majority in the House, which means the Democrats only need a three-seat gain in 2026 to win back the chamber for the first time in four years.

‘Another Knife Fight for the Majority’ is the headline the Cook Report used to describe the House showdown ahead.

2026 midterms: House Republican campaign committee chair predicts

And Cook Report publisher and editor-in-chief Amy Walter spotlighted in a social media post that a ‘Small playing field + volatile political climate = epic battle for House control.’

The 10 House Democrats whose re-elections are listed as toss-ups are: Reps. Adam Gray of California (CA-13); Derek Tran of California (CA-45); Jared Golden of Maine (ME-02); Gabe Vasquez of New Mexico (NM-02); Laura Gillen of New York (NY-04); Don Davis of North Carolina (NC-01); Marcy Kaptur of Ohio (OH-09); Emilia Sykes of Ohio (OH-13); Vicente Gonzalez of Texas (TX-34); and Marie Gluesenkamp Perez of Washington State (WA-03).

The eight Republicans spotlighted by the Cook Report as vulnerable are: Reps. David Schweikert of Arizona (AZ-01); Juan Ciscomani of Arizona (AZ-06); Gabe Evans of Colorado (CO-08); Mariannette Miller-Meeks of Iowa (IA-01); Tom Barrett of Michigan (MI-07); Don Bacon of Nebraska (NE-02); Ryan Mackenzie of Pennsylvania (PA-07); and Scott Perry of Pennsylvania (PA-10).

President Donald Trump recaptured the White House, the Republicans flipped control of the Senate, and the GOP held on to its fragile House majority in November’s elections.

That means Republicans will not only defend a razor-thin majority – when all 435 House seats are once again up for grabs in 2026 – but are also facing plenty of history, as the party in power traditionally faces electoral headwinds in the midterms.

But the Cook Report’s Erin Covedy and Matthew Klein noted that ‘though their majority is dangerously thin, in some ways, Republicans are starting out in a stronger position than they were in 2018. Trump’s latest victory was broad; he clawed back ground in suburbs that had lurched to the left since 2016 and made massive inroads in urban areas.’

They added that ‘almost all of the most competitive House districts moved to the right between 2020 and 2024 (Washington’s 3rd District was the lone exception).’

National Republican Congressional Committee spokesman Mike Marinella touted in a statement that ‘the math is in our favor, and it’s clear House Republicans are on offense for 2026.’

He also asserted that ‘House Democrats are in shambles — they don’t have a clear message and they’re incapable of selling voters on their failed agenda. We will work tirelessly to hold the Democrat Party accountable and grow our Republican majority.’

Courtney Rice, communications director for the rival Democratic Congressional Campaign Committee, emphasized that ‘voters will hold House Republicans accountable for failing to lower costs while fostering a culture of corruption that benefits their billionaire backers.’

‘The political environment is in Democrats’ favor heading into 2026 — and with stellar candidates who are focused on delivering for their districts, House Democrats are poised to take back the majority in 2026,’ Rice predicted.

This post appeared first on FOX NEWS

President Donald Trump signed an executive order sanctioning the International Criminal Court (ICC) on Thursday, in response to its May 2024 arrest warrant for Israeli Prime Minister Benjamin Netanyahu.

The order unveils financial sanctions and visa restrictions against ICC officials and their family members who support ICC investigations against U.S. citizens and allies. 

The White House also signed executive orders on Thursday instructing the Justice Department to establish a task force dedicated to weeding out ‘anti-Christian bias,’ and a review of all nongovernmental organizations that accept federal funds. 

The ICC is an independent, international organization based in The Hague and established under the Rome Statute, an international treaty that took effect in 2002. The court oversees global issues including genocide, crimes against humanity and war crimes. 

The Trump White House claims that the U.S. and Israel are not subject to the jurisdiction of the ICC because the court poses threats to U.S. sovereignty and constitutional protections. Additionally, the White House has accused the ICC of politicization and said it has targeted Israel without holding regimes like Iran to the same standards.  

In September 2018, Trump said that ‘as far as America is concerned, the ICC has no jurisdiction, no legitimacy, and no authority.’

In May 2024, ICC Prosecutor Karim Khan, from the U.K., asked for an arrest warrant for Netanyahu and his former Defense Minister Yoav Gallant, whom Netanyahu fired in November 2024. The warrant paved the way for their arrest, should they visit any of the 124 countries that are party to the Rome Statute, including the U.K., France and Austria. 

Khan also issued arrest warrants for Hamas leader Yahya Sinwar, Ismail Haniyeh and Mohammed Deif, who have all since been killed by Israeli forces. 

Khan said he issued these warrants against Hamas leaders for war crimes including murder, taking hostages as a war crime, torture and other inhumane acts, following the Palestinian militant group’s attack on Israel on Oct. 7, 2023. 

Khan also said he issued the warrants against the Israeli leaders due to war crimes including starvation of civilians, directing attacks against a civilian population, persecution and other inhumane acts. 

In January, after Trump’s inauguration, the House also passed legislation that would sanction the ICC, but the measure failed to advance in the Senate.

Trump welcomed Netanyahu for a visit at the White House on Tuesday, where Trump signed an executive order reinstating his ‘maximum pressure’ campaign against Iran. Trump also unveiled plans to rebuild Gaza, and described Netanyahu as the ‘right leader’ for Israel. 

‘He’s done a great job and we’ve been friends for a long time,’ Trump told reporters. ‘We do a great job also, and I think we have a combination that’s very unbeatable, actually.’

Netanyahu also voiced appreciation for his friendship with Trump and his support for Israel and the Jewish people.

‘I’ve said this before, I’ll say it again,’ Netanyahu said Tuesday. ‘You are the greatest friend Israel has ever had in the White House. And that’s why the people of Israel have such enormous respect for you.’

Trump previously issued sanctions against ICC officials in 2020, signing off on an asset freeze and family entry ban against them stemming from an ICC investigation into alleged U.S. actions in Afghanistan. 

Fox News’ Morgan Phillips contributed to this report. 

This post appeared first on FOX NEWS

American voters overwhelmingly elected President Donald Trump to carry out his ‘Make America Great Again’ agenda despite Democrats calling him a ‘threat to democracy.’ Now that Trump is back in the White House, Dems are delaying key cabinet appointments and vowing to ‘blow this place up’ in the name of democracy.

Several Democrats, including Rep. Alexandria Ocasio-Cortez, D-N.Y., are calling for a halt to all of Trump’s cabinet nominations. Protests hosted by lawmakers have erupted in Washington, D.C., this week as Democrats rally against Elon Musk’s Department of Government Efficiency (DOGE). 

‘God d—it shut down the Senate!’ Rep. LaMonica McIver, D-N.J., said during an anti-DOGE protest in Washington, D.C., Tuesday. ‘We are at war!’

While Democrats spent 2024 promising Americans they were the party who would protect democracy and uphold the rule of law in a post-Jan. 6 world, they are dancing to the beat of a new drum in 2025 by practicing civil disobedience. 

Sen. Elizabeth Warren, D-Mass., told the crowd Tuesday, ‘We are here to fight back.’ 

‘We are gonna be in your face, we are gonna be on your a–es and we are going to make sure you understand what democracy looks like, and this ain’t it,’ Rep. Jasmine Crockett, D-Texas, added. 

Democrats have doubled down on their call to action this week after House Minority Leader Hakeem Jeffries told Americans to ‘fight’ Trump’s agenda ‘in the streets’ last week. 

‘We have to stand up and protest,’ Sen. Ed Markey, D-Mass, said at another rally in Washington, D.C., Wednesday. ‘When we come back here the next time, there should be hundreds of thousands and millions of people descending on Washington, D.C.’

‘We will fight their violation of civil service laws. We will fight their violation of civil rights laws. We will fight their violations of separation of powers. We will fight their violations of our Constitution of the United States of America. We will not shut up. We will stick up. We will rise up,’ Sen. Cory Booker, D-N.J., added. 

Democrats held an all-night session Wednesday protesting Trump’s nominee to lead the Office of Management and Budget (OMB). 

Russell Vought, who served as OMB director during Trump’s first term, was a key architect of Project 2025. Democratic candidates and surrogates during the 2024 campaign cycle pointed to Project 2025 as proof of Trump’s ‘threat to democracy.’ Trump maintained he had nothing to do with it. 

Senate Minority Leader Chuck Schumer said Vought is a ‘horrible, dangerous man’ at the rally Tuesday.

Democratic leaders and their constituents have spent all week protesting in major cities across the country. From Texas to California, protesters are speaking out against Trump’s ICE raids and federal government layoffs and the administration’s stance that there are two genders. 

Despite the Democrats’ protests, the Trump administration said it is following through on the agenda the American people voted for, and those who ‘incite violence’ should be held accountable. 

‘President Trump was elected with a mandate from the American people to make this government more efficient,’ White House press secretary Karoline Leavitt said. ‘For Democratic officials to incite violence and encourage Americans to take to the streets is incredibly alarming, and they should be held accountable for that rhetoric.

‘If you heard that type of violent, enticing rhetoric from our side of the aisle, from Republican leaders on Capitol Hill, I think there would be a lot more outrage in this room today. It’s unacceptable.’

This post appeared first on FOX NEWS

NEWYou can now listen to Fox News articles!

Editor’s note: President Ronald Reagan was born on February 6, 1911. The following essay is excerpted from ‘Making Reagan.’

Shooting a movie during a pandemic is truly a surreal experience like no other. Part of the fun of making a movie is the joy of being together—of going to restaurants and local haunts and generally hanging out with cast and crew. 

When I first landed in Guthrie, Oklahoma, I went straight to our COVID Coordinator, Emily O’Banion, and asked her what the rules were for my stay there. The conversation went like this:

‘Can I go to a restaurant?’

‘No.’

‘What about Walmart?’

‘That’s absolutely the most dangerous place of all.’

‘How am I supposed to eat?’ I asked.

She just stared at me.

Eventually, we made a plan, and Walmart groceries were delivered to my door daily. We were living in a rental—my 92- year-old mother, my wife, my kids, a caregiver, and an assistant. While I was off at work, the kids were doing Zoom school, and we were trying hard to make normal out of chaos. 

Dennis Quaid: It’s the ‘people’ that really love a movie

There were plenty of signs around describing the kind of town Guthrie once was: lots of pubs, references to it being a place of refuge during Prohibition. As I walked, I came upon our assassination scene. The Washington Hilton hotel wall near the spot where Reagan almost lost his life was perfectly re-created by our design team. The next day, Dennis Quaid, who was starring at the 40th president, was in front of the wall reenacting the amazing moment and we were off to the races.

Dennis had a long day that began with that scene and then moved to a variety of pickups, including a talk with his aging mother Nelle, who was played by an old friend of mine, Jennifer O’Neill. The scene was a beautiful one that found 40-year-old Reagan telling his mom he was washed up, divorced, and feeling lost.

Dennis Quaid respected Ronald Reagan for letting his faith be a

As Dennis and I discussed this scene, he said he wanted to change some of the lines. I asked him if he had a similar conversation with his mom and he quickly said yes, around the time he and Meg Ryan were getting a divorce. ‘Let’s just riff off that,’ I told him, and he did so brilliantly, telling Jennifer’s character Nelle that he hasn’t lived a perfect life in Hollywood and that maybe he can’t do the great things she told him he was going to do someday. 

After we were shut down by COVID for a second time the previous fall and we had finished our shoot and returned to L.A., I felt sometimes as though I had PTSD. But now I was looking forward to finishing strong.

We moved on to the final scene of the night and Dennis’s last of our shoot, when Reagan was in Las Vegas. This was the moment when Reagan was at the end of his rope, smoking a cigarette and drinking a beer, as voices from his promising past swirled around in his head. The scene culminated with him throwing the beer bottle against a wall backstage at the show he was forced to perform to pay his mortgage. It was a scene we had crafted carefully.

I had called up his old friend Pat Boone and asked him: If Reagan was down and out in Vegas, how low could he go? Would he have reached for the bottle? Would he have thrown it in anger? 

I had posed the same question to a Reagan biographer who had assured me that Reagan would have done no such thing and that Reagan had specifically said of the Vegas show that it was difficult but still part of God’s plan for him. 

Pat would have none of it, and we went with his note. Even if Reagan later saw it as part of the Divine Plan, in the moment it would have been a huge disappointment, and yes, he might have taken a drink and lost his cool. 

So that’s how we played it. 

It was near midnight when we finished, and as Dennis walked down the stairs, we hugged one last time. We had been on a long, arduous journey, through countless peaks and valleys, and now we were nearly finished.

This post appeared first on FOX NEWS

Nuclear engineer and former Miss America Grace Stanke has entered the fierce debate in Australia over its future energy policy with a 10-day national tour extolling the benefits of nuclear power in a country where it’s been banned for almost 30 years.

The speaking tour is familiar territory for the 22-year-old former beauty queen, who said she studied nuclear engineering as a “flex,” but now works for US energy giant Constellation as a spokesperson and as an engineer on its nuclear team.

Her recent arrival comes at a delicate time in Australia, months before a national election that could put the opposition Liberal Party in power, along with its promises to build seven nuclear power stations – upending the current Labor government’s plan to rely on renewable energy and gas.

For several days, Stanke has been speaking to hundreds of Australians, in events organized by Nuclear for Australia (NFA), a charity founded by 18-year-old Will Shackel, who has received backing from a wealthy Australian pro-nuclear entrepreneur.

Most talks were well-attended by attentive crowds, but not all audience members were impressed by Stanke’s message.

As she started to speak in Brisbane last Friday, a woman in the audience began shouting, becoming the first of several people to be ejected from the room as other attendees booed and jeered. One woman who was physically pushed from the premises by a security guard has since filed a formal complaint.

Stanke reflected on the rowdy Brisbane crowd with the poise of a seasoned pageant entrant. “You know what? I respect people because they’re using their voices,” she said, describing the heckling as “probably the most vocal experience I’ve had.”

Those against nuclear power say it’s too expensive, too unsafe and too slow to replace Australia’s coal-fired power stations that would need to keep burning for several more years until nuclear plants came online.

The fact that people are even talking about the proposal shows how much public discourse has changed in the three years since voters last went to the polls, then electing climate friendly candidates and Labor’s pro-renewables policy.

Now, for the first time in decades, nuclear power is back on the election agenda, at the same time a backlash is building in rural areas against renewable energy projects that some say are erasing farmland, razing forests, and dividing communities.

A numbers game

Australia banned nuclear energy in 1998 as part of a political deal to win approval for the country’s first and only nuclear research facility that’s still operating in southern Sydney.

A change in government in an election, to be held before mid-May, would see seven nuclear reactors built in five states to provide power alongside renewable energy – a bold shift in direction that would not only require changes to federal law, but amendments to laws in states where premiers oppose nuclear power.

According to the plan proposed by Liberal Party leader Peter Dutton, the nuclear reactors would be funded by 331 billion Australian dollars ($206 billion) in public money and the first could be working by 2035.

Both forecasts are disputed as underestimates by the government acting on the advice of the country’s independent science agency – the Commonwealth Scientific and Industrial Research Organisation (CSIRO) – which says renewables are still the cheapest and the most efficient way for Australia to reach net zero by 2050.

Shackel, NFA’s founder, wants the nuclear ban lifted, pointing to a petition he started two years ago that has quietly accrued more than 80,000 signatures.

“I think we need to move away from fossil fuels. Gas is a fossil fuel. So, I think that if we want to be able to move away from those sources, nuclear energy is something that’s going to be increasingly important,” he said.

Shackel met Stanke at the COP 28 climate talks in the United Arab Emirates in 2023, an event she attended as Miss America while finishing her degree in nuclear engineering at the University of Wisconsin-Madison. She says Australia is “already kind of late” to nuclear energy, “so, you might as well start now.”

“I do believe that a strong grid requires both renewables and nuclear energy combined,” she said, referring to the argument for a “baseload” energy source that doesn’t rely on unpredictable weather.

That argument is challenged by experts worldwide, who say the need for “baseload” energy is an outdated concept, and that stability can be achieved by other means, including batteries.

Rural opposition to renewables

While nuclear has dominated recent discussion about Australia’s future energy mix, a steady rumble of discontent is growing louder from rural areas over the rapid rollout of renewable energy projects.

According to the Clean Energy Council, 85 renewable power generation projects are underway in Australia, along with 44 storage projects.

In the past two years, the number of petitions on Change.org opposing renewable energy projects has almost tripled, from 14 in 2023 to 37 in 2024 – alongside Facebook groups where communities are gathering to share stories and updates on protests.

Advance, a conservative campaign group that says it works to counter “woke politicians and elitist activist groups” is promoting a 48-minute documentary it claims tells the “untold stories” of farmers whose “lives have been upended by the rapid rollout of wind and solar projects.”

Murrough Benson lives near the proposed site of a massive battery storage plant in Hazeldean, rural Queensland, that’s currently moving through the council approvals process. He’s in favor of renewables. They “have their place,” he said, but “you could argue that some of them are misplaced.”

He and his wife Joy moved from Sydney to the area five years ago and hoped to enjoy a peaceful retirement. But now they’re considering selling their house, fearing the constant hum and potential contamination of the air, land, and water from the battery system, in the event of fire or flood. “We don’t want to live with something like that across the road,” said Benson.

Michelle Hunt has more immediate issues with the construction of a solar farm next to the “piece of paradise” she bought almost 20 years ago in the town of Gin Gin, also in rural Queensland.

She says a renewable energy company destroyed her fence without permission and replaced it with a wire “prison fence,” contravening a previous agreement to hide panels at the neighboring solar farm behind trees. Now they’re in full view of the house she planned to build. “Let’s face it, we are living beside an industrial electrical installation,” she said.

Rural areas where opposition is building to renewable projects are fertile ground for Shackel and his nuclear campaign. He’s already visited some areas earmarked for power stations under the Liberal proposal. And while he says NFA isn’t politically aligned with either of the major parties, he accepts he’s doing some of the groundwork to bring the community on side.

“I think nuclear energy positions itself as a solution to some of those communities because of its low land use,” he said. “And for those communities who are desperate for jobs but don’t see renewables providing that completely for them, having a nuclear plant there could be a good solution.”

Nuclear ‘foolishness’

Bringing a former Miss America to Australia was part of a plan to raise support for nuclear power among Australian women, who according to one survey are far less enthusiastic than men about the proposal.

According to several people who attended sessions in various states, the audience was dominated by older men, many of whom didn’t seem to need convincing.

“It’s just a way of spinning the fossil fuel industry out for a bit longer, and we cannot afford to do that,” she said. “You can see how the climate is collapsing around us. Look at Los Angeles. Those poor people over there lost everything.”

Others said the panel – which included local nuclear experts – made generalizations and didn’t get to the nub of issues specific to their area, like the potential strain they say a nuclear power station could have on resources in Victoria’s Latrobe Valley.

“There is literally no water for a nuclear power station. The existing allocation is already committed to mine repair,” said Adrian Cosgriff, a member of community advocacy group Voices of the Valley, who attended the Melbourne talk.

“Australians know nuclear power exists. That’s fine. It’s just not suitable for here. That’s kind of the argument,” he said.

David Hood, a civil and environmental engineer who attended the Brisbane talk, said: “Renewables are working right now. We can’t wait 10 to 20 years for higher cost and risky nuclear energy.”

Stanke and Shackel delivered a parliamentary briefing in Parliament House, Canberra on Wednesday, to politicians and aides across the political spectrum.

Prime Minister Anthony Albanese was unsurprisingly not in attendance, having already labelled his political rival’s nuclear proposal as “madness” and a “fantasy, dreamed-up to delay real action on climate change.”

Stanke says success at the end of the tour this week will be “knowing that I’ve made an impact in not just one person’s lives, but many.”

Albanese will be hoping that not too many Australians are convinced by her argument, which could lead to a change of leadership at a fork in the road that some say could lead to an even warmer planet.

This post appeared first on cnn.com

China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s trade war. 

China added PVH Corp. to its “unreliable entities” list on Tuesday, which allows the Chinese government to fine the retailer, prohibit import and export activities, revoke work permits, and deny employees the ability to enter the country, among other deliberately vague powers. 

While China’s Ministry of Commerce began investigating PVH in September for allegedly refusing to source cotton from the Xinjiang region, which has become notorious for its Uyghur detention camps, Beijing officially placed the company on its blacklist on Tuesday. The announcement came just days after Trump slapped a 10% tariff on imports from China, and came along with a slew of other retaliatory measures against the U.S., including new duties on energy imports and farm gear. 

“There’s this tit-for-tat trade war going on, and [China] wants to show the United States that it’s going to take action to hurt either big U.S. companies or companies with significant interests in the U.S.,” said Michael Kaye, a partner at Squire Patton Boggs, who has been practicing international trade law for more than 30 years. “They’re being made an example. … My guess is, [China] wanted to pick somebody and they wanted it to be somebody that was high visibility.”

Now that PVH is on the unreliable entities list, China could force the company to shut down the dozens of stores that it operates in the region and forbid it from selling its wares to Chinese consumers online, said Kaye. Its staff — including those who’ve built lives in China — could be effectively deported and sent home, Kaye added.

It is unclear if China would try to enforce actions against PVH in the autonomous region of Hong Kong, where the company’s Asia-Pacific headquarters are. In 2020, China passed a law that gave it more power to enforce national laws in Hong Kong, and that is “particularly the case with laws applicable to national security,” which could include the unreliable entities list, said Kaye.

As of Thursday morning Eastern time, the company appeared to be operating its business as usual in China.

China could even prohibit PVH from manufacturing in the region altogether, which could force it to move production to other countries and struggle to meet customer orders. 

It’s unclear which steps exactly China will take, or if the Trump administration will try to convince China not to punish the company.

In a statement, PVH said that it was “surprised and deeply disappointed to learn of the decision from the Chinese Ministry of Commerce.”

“In our 20 years of operating in China and proudly serving our consumers, as a matter of policy, PVH maintains strict compliance with all relevant laws and regulations and operates in line with established industry standards and practices. We will continue our engagement with relevant authorities and look forward to a positive resolution,” the company said.

China represented 6% of PVH’s sales and 16% of its earnings before interest and taxes in 2023, but it relies more heavily on the country for manufacturing, which is the bigger risk to its business. PVH has more factories and suppliers in China than in any other region, representing about 18% of production, according to a disclosure it issued in December. 

“This has the potential to be very, very disruptive for PVH,” said GlobalData managing director and retail analyst Neil Saunders. “They would certainly have to scramble to find new capacity. They’d be able to do that in time, of course, but the two things that are at issue are that, because a lot of supply chains are just in time, they would probably find that they did get short on inventory whilst they made the transition. The other issue, of course, is quality.” 

PVH has operated in China for more than 20 years, and while it works with suppliers and factories in more than 30 other countries, the higher-end goods that it makes can be difficult to manufacture elsewhere because of the skill level needed, said Saunders. 

“While you can shift manufacturing capacity reasonably easily, it’s not so easy to guarantee the quality, guarantee the production processes. Those things take time to upskill,” said Saunders. “China has that capacity and has those skills, because PVH has been operating there for ages. Another country, another manufacturing facility, may not have those skills immediately.” 

Plus, PVH has viewed China as a growth market and it will now have to look for new strategies to increase sales and profitability as demand falls for its high-end dresses, intimate apparel and sweaters. 

China’s unreliable entities list is a relatively new law in the country, and experts say it’s deliberately opaque. The government has wide latitude to take action against PVH, but it remains unclear what exactly it will do. Typically, guidance comes within a few days of a company’s placement on the blacklist, said Kaye. 

China could add PVH to the list and do nothing to the company, but Kaye said the chances of that are “very slim” because the government will want to avoid the perception that it’s backing down. China will more likely use PVH as a bargaining chip at the negotiating table with Trump, and use it as an example to show the power it has to inflict pain on other U.S. businesses with major operations and customer bases in China, such as Nike, Apple, General Motors, Starbucks and others. 

“There’s a sort of sword of Damocles hanging over [PVH’s] head, and that is exactly what this is, because this isn’t really about PVH at all. This is about PVH being caught in the spat between China and the U.S.,” said Saunders. “China is using PVH as an example to say, look, if tariffs go ahead, if other restrictions are put in place on China, we can make life difficult for U.S. companies in the country. That’s really what this is about.”

This post appeared first on NBC NEWS