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Here is a quick recap of the crypto landscape for Wednesday (February 5) as of 12:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin’s price saw a slight rise leading up to American markets opening on Wednesday (February 5), rising as high as US$98,904 in early trading. However, the cryptocurrency failed to breach US$100,000 on Wednesday (February 5). Apart from momentary bursts above US$98,000, Bitcoin mostly traded within the US$97,000 range throughout the day, briefly falling as low as US$96,574 just before 19:00 UTC, according to data gathered from CoinGecko. In a market note, CoinDesk crypto market analyst Omkar Godbole cited tightening USD liquidity and a prolonged delay in the establishment of the Bitcoin reserve Trump promised during his campaign as two recent developments that could impede Bitcoin’s price movements. As of writing, Bitcoin is down 0.4 percent over 24 hours to US$97,310.

Ether’s price also climbed before the markets opened but trended down with the rest of the crypto market. However, the world’s second most popular cryptocurrency is experiencing a greater recovery than Bitcoin; as of writing, Ether is US$2,771.12, marking a 2.8 percent increase over 24 hours. The cryptocurrency reached an intraday high of US$2,817.32 and a low of US$2,722.70 on Wednesday (February 4).

Altcoin price update

SOL is currently valued at US$198.76, down 3.2 percent over 24 hours, after falling from a high of US$206.76 shortly after the opening bell. It fell to its lowest valuation of US$196.58 at midday.

XRP rose to US$2.55 minutes after North American markets opened, its highest price point of the day. After sinking to a low of US$2.36, it has recovered somewhat to its current valuation of US$2.42.

Following a similar trajectory, SUI saw its valuation peak at US$3.63 as trading began but trended downward, reaching a low of US$3.33.It is currently priced at US$3.37, a decrease of 4.5 percent over 24 hours.

Finally, ADA, the native token of Cardano, is down just 0.2 percent, priced at US$0.74. Its highest price on Wednesday was US$0.77 and its lowest was US$0.73.

Crypto news to know

The crypto market managed to recoup some of its losses after fears of an impending trade war led to a sell-off of crypto and other risk-on assets on Monday. After President Donald Trump reneged on his intention to apply 25 percent tariffs against Mexico and Canada, delaying them for at least 30 days as of Monday afternoon while the countries’ leaders work out a deal, Bitcoin retook US$100,000 but stood on shaky ground.

On Tuesday, David Sacks, the newly appointed AI and crypto czar, and House and Senate leaders held a press conference to discuss their objectives for establishing a framework for crypto policy in collaboration with the US Securities and Exchange Committee (SEC). At the press conference, lawmakers said their priority would be passing a newly-introduced stablecoin bill introduced by senators led by Sen. Bill Hagerty (R-Tenn.).

Later, speaking with CNBC, Sacks said that legislation could be passed within the next six months and that his other priorities would include “evaluating the feasibility of a Bitcoin reserve.” The press conference and Sacks’ remarks, which seemed to raise questions about the Bitcoin reserve promised by Trump during his campaign, may have contributed to the abrupt downturn in the crypto market yesterday afternoon. Ether and Solana’s drops were especially steep.

The new SEC Commissioner, Hester M. Peirce, also tried to present a friendlier and more cooperative front to the crypto industry. In an open letter published on Tuesday, Peirce invited “builders, enthusiasts, and skeptics to engage with us to figure out what the final rules should be and what interim steps might help to foster innovation” as regulatory guidelines begin to take shape.

Additionally, the New York Times reported on Tuesday (February 4) that the agency would scale back its crypto enforcement unit, and Caroline Pham, acting chair of the US Commodity Futures Trading Commission (CFTC), announced a restructuring of its Division of Enforcement into two task forces: one mainly concerned with retail fraud, and another for “complex fraud and manipulation”. These events could be early signals of a more accepting and cooperative relationship between regulators and the crypto industry.

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

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

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Sen. Ted Cruz, R-TX, is reintroducing a constitutional amendment to cap the number of Supreme Court Justices at nine, amid calls to expand the court. 

Cruz, now joined by 15 cosponsors including Republican Sens. Bill Cassidy (LA), Chuck Grassley (IA), Mike Crapo (ID), Thom Tillis (NC) and John Cornyn (TX), previously introduced the amendment in 2021 and in 2023. 

In a statement to Fox News Digital, Cruz said Democrats are seeking to ‘use the Court to advance policy goals they can’t accomplish electorally.’

‘Such a move would be a direct assault on the design of our Constitution, which is designed to ensure the Supreme Court remains a non-partisan guardian of the rule of law,’ Cruz said. ‘This amendment is a badly-needed check on their efforts to undermine the integrity of the Court.’ 

Likewise, Grassley said the amendment would ensure the Court’s independence from political pressures. 

‘Democrats’ radical court packing scheme would erase the legitimacy of the Supreme Court and destroy historic precedent,’ Grassley said in a statement. ‘The Court is a co-equal branch of government, and our Keep Nine Amendment will ensure that it remains independent from political pressure.’

The nine-justice court currently has a conservative supermajority. Following various landmark decisions in recent years, including the overturning of Roe v. Wade in 2022, Democrats have re-upped calls to impose court reforms, including expanding and packing the court as well as imposing term limits. 

In October, then-Vice President Kamala Harris entertained the notion of imposing court reforms during a CNN town hall. Harris was asked if she would support expanding the number of justices from the current nine to 12. 

‘There is no question that the American people increasingly are losing confidence in the Supreme Court and, in large part, because of the behavior of certain members of that court and because of certain rulings, including the Dobbs decision and taking away a precedent that had been in place for 50 years, protecting a woman’s right to make decisions about her own body,’ Harris said during the event.

‘So, I do believe that there should be some kind of reform of the court, and we can study what that actually looks like.’ 

Rep. Ilhan Omar, a Democrat from Minnesota, also called for reforming the Court that same month, saying in social media posts, ‘We need to radically reform the broken Supreme Court.’

Democrats have consistently proposed legislation to expand the Supreme Court to a 13-justice bench. 

In May 2023, Georgia Democrat Rep. Hank Johnson joined Democratic Sens. Ed Markey of Massachusetts, Tina Smith of Minnesota, and Elizabeth Warren of Massachusetts, as well as Democratic Reps. Jerry Nadler of New York, Cori Bush of Mississippi, and Adam Schiff of California, in reintroducing the Judiciary Act of 2023.  

‘We want to prevent this kind of rot and decay from ever overtaking a Supreme Court again,’ Johnson told Fox News Digital in October. 

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Now that the dust has settled on President Donald Trump’s triumphant return to power, it is time to govern. The president has already signed hundreds of executive orders tackling issues from immigration to DEI. He is working non-stop for the American people, and he is just getting started. This truly is a new golden age for America, a period of technological advancement, prosperity, and peace.

On Nov. 5, 2024, Trump achieved the greatest comeback in political history against all odds. He did so because he and his family had a strong team of America First patriots behind them. In the years since he left office in 2020, many of these patriots faced unemployment, Big Tech censorship, lawfare, and debanking simply because they supported Trump and refused to disown him. Peter Navarro and Steve Bannon even went to jail for him. Many woke actors in corporate America played a role in canceling these patriots, and Trump knows this. He remembers how in 2020, corporate America flocked to donate millions of dollars to Black Lives Matter, knowing that it was a Marxist organization, but refused to donate to his campaign.

Today, woke corporate America is busy rebranding itself as MAGA-friendly so it can cozy up to the new Trump administration. These moves are at best cosmetic. My advice to the president, the Trump White House and broader administration following these moves? Don’t believe your lying eyes. Big Tech is not your friend. Do not put hope over experience and sell yourself short. Mark Zuckerberg may have given the Trump inaugural fund $1 million, but he spent $400 million trying to stop Trump in 2020.

So why is Big Tech cozying up to MAGA like they are on a cheap date? The answer is easy: antitrust law enforcement. What Big Tech really cares about is not Trump, or his family, or even the country. What they really fear is tough, but fair, antitrust enforcement by the Trump administration.

Today, Alphabet (Google and YouTube), Amazon, Meta (Facebook, Instagram, and WhatsApp), and Apple are facing major, bipartisan antitrust lawsuits from the Justice Department and FTC. Several of these cases began under the Trump 45 administration, including two cases against Google filed by the Justice Department. The Biden Justice Department won the first case, and the Trump Justice Department is poised to win the second case. Google is banking on the Trump 47 Justice Department pulling its punches on both cases. They and the other Big Tech platforms desperately want a return to the Bush-Obama Uniparty antitrust ‘enforcement,’ and they are hoping they can fool the Trump 47 administration into going there. 

After all, the George W. Bush and Obama administrations enforced the antitrust laws so little that they put the ‘Big’ in Big Tech. It was the Obama administration that waved through Facebook’s acquisition of WhatsApp and Instagram, and it was the Obama White House that forced the Federal Trade Commission to close an early monopolization investigation into Google back in 2013. The Big Tech platforms used this uniparty antitrust amnesty to hyperscale and become dominant in several important online markets.

President Trump is smart enough to know a bad deal when he sees one; he literally wrote a book called ‘The Art of the Deal.’ He is also too smart to buy the argument that Big Tech monopolists must become even bigger and more dominant in order to compete with China. America will win the AI global race the American way, like it always has.

Free markets exist only when antitrust laws are enforced with vigor. Free markets require functioning markets. And when the trillion-dollar Big Tech monopolists – Google, Amazon, Facebook, and Apple – crush competition, shutter small businesses, cancel those with whom they disagree, and carry China’s water, we no longer have functioning and free-markets. We must end Big Tech’s gatekeeping power over information and commerce.

There is clear historical precedent for this: If President Reagan had listened to AT&T in 1984, we might never have seen the competition and innovation unleashed by the Ma Bell breakup. This innovation included the wireless industry and key parts of the early internet. At the time, the tech giant argued that it needed to be a monopoly so the U.S. could compete globally with the Soviet Union. Of course, AT&T was wrong, and the Soviet Union crumbled in 1990. But if Reagan had listened to the company in 1984, not only would he have been on the wrong side of history, Americans might never have benefited from the competition and innovation brought about by antitrust law enforcement against AT&T.

President Trump’s antitrust law enforcers, led by Gail Slater at the Trump Justice Department’s Antitrust Division and FTC Chairman Andrew Ferguson, will be fair and enforce the law impartially, protecting the U.S. free market from woke monopolists and standing up for American values and American consumers. They will target the anticompetitive tumors on the free market, which is the opposite of the industry-wide regulations (market-entry barriers to startup competitors) the Big Tech monopolists (like Facebook) seek.

Uniparty antitrust that favors woke corporations and Big Tech monopolists will do the opposite. Big Tech and their allies alongside the DC establishment will pull every dirty trick in the book to undermine Trump’s antitrust law enforcers, but Trump knows better. This is his time for choosing Trump antitrust over uniparty Bush-Obama antitrust. To quote Reagan, when it comes to antitrust, Trump should ‘dance with the one who brung ya.’

Mike Davis is the Founder and President of the Article III Project.

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The U.S. Senate stayed in session all night as Democrats delayed a vote on confirming Russell Vought to serve as Office of Management and Budget Director, a position he previously held during part of President Donald Trump’s first term in office.

In a 53-47 party-line vote on Wednesday, all 53 Republicans invoked cloture on the nomination, while all 45 Democrats, and the two independent senators who caucus with the Democrats, voted against the move.

While Democrats cannot stop the vote from eventually taking place, they are using all of the 30 hours available before the inevitable vote on Trump’s nominee.

‘I just came off the floor after speaking for an hour,’ Sen. Patty Murray, D-Wash., noted in a tweet on Wednesday. ‘I refuse to let Republicans confirm Russ Vought the easy way, so we’re holding the floor through the night for 30 straight hours. Vought has shown he’ll ignore the law & constitution. I’ll be voting NO tomorrow.’

GOP Sen. Markwayne Mullin of Oklahoma has been pointing out that Senate Republicans will vote to confirm Vought on Thursday evening.

‘Once again, OMB nominee Russell Vought will be confirmed at 7pm ET tomorrow. @SenateGOP has the votes. Enjoy your speeches,’ he tweeted on Wednesday in response to a post in which Sen. Amy Klobuchar, D-Minn., spoke about the Democrats’ plan.

Senate Minority Leader Chuck Schumer called Vought a ‘horrible, dangerous man,’ during remarks at a rally on Tuesday.

Trump announced Vought as his pick for OMB last year.

‘He did an excellent job serving in this role in my First Term – We cut four Regulations for every new Regulation, and it was a Great Success!’ he noted in a post on Truth social at the time. 

‘Russ has spent many years working in Public Policy in Washington, D.C., and is an aggressive cost cutter and deregulator who will help us implement our America First Agenda across all Agencies. Russ knows exactly how to dismantle the Deep State and end Weaponized Government, and he will help us return Self Governance to the People,’ Trump declared.

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Secretary of State Marco Rubio, who was tapped as the acting director of the United States Agency for International Development (USAID) just days ago, is taking on another new role in President Donald Trump’s new administration. 

Rubio is now also serving as the acting director of the U.S. Archives, ABC News reported, citing a high-level official. Fox News Digital reached out to the State Department for comment, but they did not immediately respond.

Trump signaled last month his intention of replacing the now-former national archivist Colleen Shogan, who was appointed by former President Joe Biden, during a brief phone interview with radio host Hugh Hewitt. The National Archives notified the Justice Department in early 2022 over classified documents Trump allegedly took with him to his Mar-a-Lago estate in Florida after leaving office. That would later result in an FBI raid, and Trump being indicted by former special counsel Jack Smith. 

The source told ABC News that Rubio has been the acting archivist since shortly after Trump was sworn in as the 47th president last month. 

This week, Rubio is traveling on his first official State Department trip to Central America, during which he convinced the Panamanian president to end its Belt and Roads project deal with the Chinese government. Trump has said the United States could claim the Panama Canal through economic or military measures if necessary after raising concerns about Beijing allegedly controlling the strategic waterway that was constructed by the U.S. 

The Trump administration has suspended some foreign aid pending a review into how U.S. taxpayer dollars are being spent abroad, resulting in thousands of layoffs and ended programs. 

While addressing reporters in Guatemala City on Wednesday, Rubio said he issued waivers for certain programs that assist in gathering biometric information to better identify fugitives, as well as bolster technology and K-9 units to identify shipments of deadly fentanyl and precursor chemicals, showing ‘firsthand the kind of foreign aid America wants to be involved in.’ 

‘This is an example of foreign aid that’s in our national interest. That’s why I’ve issued a waiver for these programs, that’s why these programs are coming back online, and they will be functioning, because it’s a way of showing to the American people this is the kind of foreign aid that’s aligned with our foreign policy, with our national interest,’ Rubio said.

America’s top diplomat said the United States wants some fugitives who are ‘strategic objectives, meaning they help us strengthen our partners, and they help us to cut the head off the snake of a transnational group that’s particularly dangerous.’ He said the State Department would be ‘working very closely’ with U.S. Attorney General Pam Bondi and the Justice Department in ‘prioritizing our extradition requests so that they align with our strategic objective with regards to who it is that we’re going after.’

The State Department announced on Wednesday that ‘the government of Panama has agreed to no longer charge fees for U.S. government vessels to transit the Panama Canal,’ saving the U.S. government ‘millions of dollars a year.’ 

However, the Panama Canal Authority denied having made any adjustments to the tolls or transit agreements of the canal despite the State Department’s announcement, adding that they are ‘ready to establish a dialogue with the relevant officials of the United States regarding the transit of warships.’ Earlier this week, Rubio voiced frustration about U.S. Navy ships having to pay to transit through the canal despite the U.S. being under treaty agreement to defend the canal if it is attacked. 

‘Secretary of State Marco Rubio is such a breath of fresh air & he’s proven to be incredibly effective in implementing President Trump’s PEACE THROUGH STRENGTH vision for the world,’ Rep. Carlos Giménez, a Republican ally of Rubio in Congress representing south Florida, said in a statement to Fox News Digital. ‘Panama has agreed to drop its ‘memorandum of understanding’ with Communist China & to waive the toll for U.S. Navy ships transiting the Canal Zone. Panama must continue to work with the United States to evict Communist China from their country & achieve a productive, long-term deal that prioritizes both of our countries’ shared interests.’

Besides the canal, Rubio has focused his trip on immigration, praising the Panamanians for the decreased flow of migrants through the Darien Gap and overseeing a deportation flight of Colombian nationals back to Colombia. 

Rubio secured two agreements with first, El Salvador, and then Guatemala on Wednesday, for the countries to accept deportees from the U.S.

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The federal government under the Biden administration doled out more than $174 million in grants and contracts to promote ‘radical ideas’ on gender ideology, including to study menstrual cycles in transgender men and to ‘shield’ the gay community in the Western Balkans, a new database dubbed ​​’Funding Insanity’ found. 

‘When Americans pay their taxes every year, they expect that money to go towards projects that help them: strengthening our national defense, building and upgrading infrastructure, protecting our natural resources, etc.,’American Principles Project President Terry Schilling said in a statement provided to Fox News Digital. 

‘However, in recent years Democrats have been using public funds to instead push their radical gender agenda here at home and around the world,’ he said. ‘Hundreds of millions of dollars have been squandered on programs promoting the idea that human biology doesn’t matter. Nothing could better exemplify the disgusting corruption that has taken hold of Washington.’

The American Principles Project, a conservative nonprofit that bills itself as ‘America’s Top Defender of the Family,’ published a new database Thursday morning called ‘Funding Insanity,’ which details various initiatives — both domestic and abroad — that received hundreds of thousands of dollars from the federal government to promote left-wing gender ideology. 

The funds examined by the AAP were doled out across the past four years under the Biden administration. 

In one of the priciest examples on AAP’s database, the U.S. Agency for International Development (USAID) obligated $1,929,783 to the American Bar Association as part of a mission to ‘shield’ members of ‘the LGBTQI+ population in the Western Balkans’ by ‘strengthening human rights, information integrity, equality, and democracy.’

The Western Balkans includes nations such as Croatia, Serbia, Montenegro and Albania. The Balkans region overwhelmingly does not recognize gay marriage, though nations such as Montenegro recognize ‘life partnerships’ between gay couples.

The grant began on Oct. 1, 2024, and was set to run until Sept. 30. The Trump administration, however, paused foreign assistance in January, and USAID is in the midst of an apparent dismantling at the hands of the Department of Government Efficiency. 

In another example, the Department of Agriculture granted $600,000 to Southern University A&M in Louisiana to study menstrual cycles, including for transgender men and nonbinary people.

‘The first occurrence of menstruation occurs at approximately 12 years of age and ends with menopause at roughly 51 years of age,’ the description for the grant states. ‘A woman will have a monthly menstrual cycle for about 40 years of her life averaging to about 450 periods over the course of her lifetime. 

‘It is also important to recognize that transgender men and people with masculine gender identities, intersex and non-binary persons may also menstruate,’ it continues. ‘At any given moment about 26% of the world’s population is menstruating.’ 

The grant began in April 2024 and is described as a study to ‘address the growing concerns and issues surrounding menstruation,’ including the use of natural fibers, such as hemp, for feminine hygiene products. 

Fox News Digital reached out to the university and the American Bar Association regarding these respective grants but did not immediately receive replies. 

The Department of Agriculture spent an additional $229,637 to a natural resource management firm on contracts for ‘Brazil Forest and gender consultant services,’ according to the database. 

Gender consultants in forestry services work to promote gender-equality and women’s empowerment in the industry. The forestry contract began on Jan 15, 2024, and ended in January, a review of its award profile shows. 

The State Department, in another example, spent nearly $25,000 in funds to ‘miscellaneous’ foreign groups to premiere a theater production of ‘The Vagina Monologues’ translated to the Gujarati language in India. 

‘To support social change towards women empowerment and ending gender-based violence through theatre, world premier of the Vagina Monologues in Gujarati language in Mumbai and Ahmedabad,’ the description of the grant reads. 

‘The Vagina Monologues’ is a feminist play that first premiered in the U.S. in 1996 that focuses on personal monologues involving topics such as rape, menstrual periods, genital mutilation and prostitution. 

In another pricey grant, USAID sent $1,065,702 to a Bangladesh welfare group to ‘support gender diverse people (gdp) through the new shomota (a Bangla word meaning ‘equality’ in English),’ the description for the grant reads. 

Another State Department grant delivered $2,315 to a nongovernmental agency in Nepal to teach English to ‘professional transgender women makeup entrepreneurs.’

Schilling continued in his statement provided to Fox Digital that ‘corruption’ involving the federal government using taxpayer funds for left-wing gender initiatives ‘is finally coming to an end.’

In November 2024, ‘the American people gave Donald Trump a clear mandate to drain the swamp, and since taking office he has acted decisively to do so along with Elon Musk and the newly formed Department of Government Efficiency,’ he said. ‘We hope President Trump, Musk and DOGE will find this information useful as they work to root out the far left’s ideological waste and instead return our government to its true purpose: service for the good of all Americans.’ 

Musk and his team of auditors at DOGE are poring through federal databases to identify overspending, fraud and corruption, with their main focus right now involving USAID. 

Secretary of State Marco Rubio reported on Monday that he is now the acting director of USAID, telling the media that the agency needs to be brought in line with Trump’s ‘America First’ policies, which include heightened scrutiny over the distribution of taxpayer funds overseas. 

USAID’s website, since Tuesday evening, notifies readers that staff would be placed on leave globally, except ‘designated personnel responsible for mission-critical functions, core leadership and specially designated programs.’

Democrat lawmakers have slammed the Trump administration’s apparent dismantling of the agency and targeting of other agencies, such as the Treasury Department, including holding protests in Washington, D.C.

‘This is the most corrupt bargain we’ve ever seen in American history: Elon Musk gives $250 million to elect Donald Trump, and Donald Trump turns over the keys to United States government to Elon Musk and his billionaire friends and his cronies,’ Sen. Chris Van Hollen, D-Md., said during a protest outside the Treasury Department in Washington on Tuesday. 

‘Are we going to let that stand? Hell no, we are not going to let that stand,’ Van Hollen added, later vowing, ‘We have to fight this in the courts, we have to fight this in the Congress, we have to fight this in the streets. We need to fight this all over America.’ 

White House press secretary Karoline Leavitt slammed such rhetoric as attempts to ‘incite violence’ during a press conference on Wednesday. 

‘It’s unacceptable, the comments that have been made by these Democrat leaders, and frankly, they don’t even know what they’re talking about because President Trump was elected with a mandate from the American people to make this government more efficient,’ Leavitt responded. 

‘He campaigned across this country with Elon Musk, vowing that Elon was going to head up the Department of Government Efficiency and the two of them with a great team around them were going to look at the receipts of this federal government and ensure it’s accountable to American taxpayers. That’s all that is happening here,’ Leavitt continued. ‘And for Democrat officials to incite violence and encourage Americans to take to the streets is incredibly alarming, and they should be held accountable for that rhetoric.’

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A pro-Trump group is changing its name after President Donald Trump’s suggestion that the U.S. ‘take over’ Gaza. The group formerly known as Arab Americans for Trump, is now going by the name Arab Americans for Peace.

‘We believe that his ideas, as well-intentioned as they might be, rubbed a lot of people the wrong way,’ Bishara Bahbah, the founder of the organization formerly known as Arab Americans for Trump, told Reuters. ‘We’re opposed to any transfer of Palestinians, whether voluntarily or involuntarily, out of their homeland.’

On Tuesday, during a joint press conference with Israeli Prime Minister Benjamin Netanyahu, Trump introduced the idea of the U.S. taking control of the Gaza Strip.

‘The U.S. will take over the Gaza Strip, and we will do a job with it, too,’ Trump said during Tuesday evening’s joint press conference. ‘We’ll own it and be responsible for dismantling all of the dangerous, unexplored bombs and other weapons on the site.’

The president emphasized the need to ‘do something different’ in Gaza, where Hamas and Israel have fought for nearly 16 months.

‘If you go back, it’s going to end up the same way it has for 100 years,’ Trump warned during the press conference.

Trump’s plan to build ‘an economic development’ in the war-torn Gaza Strip has been met with mixed reactions. The group now known as Arab Americans for Peace is far from alone in its rejection of the idea. Sen. Rand Paul, R-Ky., slammed Trump’s proposal, saying that it did not put ‘America first.’

Hamas, whose Oct. 7 massacre kicked off the latest war with Israel, called Trump’s proposal a ‘recipe for creating chaos.’ The terror group that has controlled Gaza since 2006, one year after Israel gave up the strip of land and expelled its citizens from the area.

‘What President Trump stated about his intention to displace the residents of the Gaza Strip outside it and the United States’ control over the Strip by force is a crime against humanity,’ a senior Hamas official also told Fox News on Wednesday.

Prime Minister Netanyahu praised Trump’s idea during an appearance on ‘Hannity’ on Wednesday.

‘I think it will create a different future for everyone,’ Prime Minister Netanyahu told ‘Hannity.’

‘The actual idea of allowing for Gazans who want to leave, to leave. I mean, what’s wrong with that?’ Netanyahu asked. ‘They can leave. They can then come back. They can relocate and come back, but you have to rebuild Gaza. If you want to rebuild Gaza, you can’t have — this is the first good idea that I’ve heard.’

After nearly 16 months of war, Hamas and Israel are engaging in a ceasefire deal, which has already seen the release of several hostages, including an American citizen. In the first phase of the deal, 33 hostages are set to be released. Details of the second phase have not been made public.

Israel’s war against Hamas became a divisive issue within Democratic circles ahead of the 2024 election. The ‘uncommitted’ movement in Michigan encouraged protest votes against former President Joe Biden when he was running for a second term. 

After Biden ended his reelection bid and former Vice President Kamala Harris took his place, the group Abandon Harris – which started as Abandon Biden – endorsed Jill Stein and urged Americans to vote against pro-Israel candidates. There were also several anti-Israel protests during the 2024 Democratic National Convention in Chicago.

The organization then-known as Arab Americans for Trump played a large role in Trump’s campaign outreach to the Arab American community in 2024. Many believe the group played an instrumental role in Trump’s ability to break Republicans’ losing streak in Dearborn, Michigan, which has a large Arab-American population.

Trey Yingst contributed to this report.

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President Donald Trump’s pick to serve as the next U.S. trade representative, Jamieson Greer, is slated to appear before the Senate Finance Committee on Thursday. 

Greer, who previously served as the chief of staff to the trade representative during Trump’s first term, played a key role in implementing tariffs during Trump’s first administration, the president said when unveiling Greer’s nomination. 

Specifically, Trump said Greer assisted with imposing tariffs on China and other nations and replacing the trade agreement with Canada and Mexico. 

A lawyer and Air Force Judge Advocate General’s Corps veteran with one deployment to Iraq, Greer’s role as U.S. trade representative would require him to negotiate with foreign governments on trade deals and disputes and membership of international trade bodies like the World Trade Organization. 

 

Greer’s confirmation hearing comes just after Trump announced he would impose new tariffs on Mexico, Canada and China. 

The White House announced Friday that in response to an ‘invasion of illegal fentanyl’ to the U.S., it would impose a 25% tariff on all goods entering the United States from Mexico and Canada, a 10% tariff on Canadian energy and a 10% tariff on all goods entering the U.S. from China. 

Tariffs against China went into effect Tuesday, although Trump agreed to push back tariffs against Mexico and Canada by at least one month after discussions with each respective country about securing the border.

While Trump acknowledged on Friday the tariffs might result in ‘temporary, short-term disruption,’ Democrats claim American taxpayers will end up hurting and paying the price. 

According to one Washington think tank, the nonpartisan Peterson Institute for International Economics, these rounds of tariffs are expected to cost U.S. households roughly $1,200 a year annually.

Fox News’ Louis Casiano contributed to this report. 

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In the Middle East and North Africa (MENA), just 18% of women are formally employed, according to the World Bank, far below the global average of 49%.

Women in the region face varied barriers to entering the workforce, including legal restrictions, cultural pressures and violent conflicts. But one of the major factors behind the lack of women in the workforce is traditional gender roles, which place the burden of unpaid care work on them, said Susanne Mikhail Eldhagen, director of Women Employment in the Green, STEM (science, technology, engineering, and mathematics) and Care Economy for UN Women.

Unpaid care work, which can include childcare, eldercare and domestic chores, is a drastically undervalued part of the economy in the Arab world, and is the biggest barrier to women’s participation in the workforce globally, according to the International Labour Organization.

Bolstering the care economy, which encompasses care services, health and education, is one of the major focuses of an initiative launching this year, involving 22 governments and more than 100 private sector and international finance institutions. It is the next phase of UN Women’s goal to raise women’s employment in the region by 5% by 2030 by creating 400,000 jobs in key markets, such as the green and STEM sectors, which are rapidly growing in the region, in addition to the care economy.

Eldhagen said it’s not just about the economic benefits: “When a woman is economically and financially independent, it also affects other areas in her life, whether it’s political participation, decision-making powers domestically, or the public space.”

“High return on investment”

Currently, the MENA region’s care services are estimated to meet just 10% of demand, said Eldhagen.

Many governments are already taking action. In 2021, Egypt recategorized nurseries as micro-, small- and medium enterprises (MSMEs), which provides greater business benefits, including tax markdowns, and in 2024, Jordan streamlined the registration process for home-based nurseries, making it simpler to start a child-minding business from home.

Susanne Mikhail Eldhagen, of UN Women.

Improving access to childcare alone is not enough to reduce the burden of care, which often involves other housework, said Ragui Assaad, a research fellow at the Economic Research Forum, a network that promotes economic research to boost sustainable development in the region.

He believes investment is needed across the entire health, education and social care sector to reduce the burden of unpaid care work from multiple angles.

Reframing the way governments view spending on education or health — as “investment” rather than “expenditure” — could also create an environment for more future-thinking decision-making, said Assaad: “There’s a huge amount of research that shows that investing in, let’s say, early childhood care and education, has a very high return on investment.”

Last year, Saudi Arabia’s female workforce hit a record high of 36%, significantly more than the regional average – due to the nation’s investment into comprehensive care policies, including “interventions such as the Qurrah childcare subsidy, increased maternity leave, flexible work options, and expanded vocational training for women in traditionally male-dominated occupations,” said El-Kogali, who delivered a keynote speech that highlighted the Kingdom’s rapid gender reforms in the workplace at the Global Labor Market Conference in Riyadh last week.

“In MENA, closing the gender gap in employment could increase GDP per capita by 51% in the average economy. In this context, women’s economic empowerment and opportunities must be at the center of the agenda for inclusive growth in our region,” she added.

An undervalued sector

Workforce participation rates for women vary wildly across the region, from 5% in Yemen to 63% in Qatar, and in some countries, much of that is in the form of foreign workers: in Qatar, for example, excluding foreign female workers, the participation rate was just 37% in 2018.

Migrant workers, both male and female make up a huge proportion of the region’s labor force, particularly in the Arab states. More than 1.6 million migrant women are employed in the Arab states as domestic workers, elevating female labor participation rates and enabling more local women to enter the workforce.

But this has its issues. Migrant domestic workers in the Arab states are often explicitly excluded from labor laws, or accounted for in legislation that provides lower labor standards than for citizens.

Charlotte Karam — a professor at the Telfer School of Management at the University of Ottawa, Canada, and leader of the Beirut-based SAWI Project, which aims to improve data on Arab women in the workplace — said many women in the region feel frustrated that the only way they can have a successful career is through “marginalized” foreign domestic workers. This is a global problem, she said, adding that even paid care work is undervalued. “There needs to be some sort of revolution to recognize the importance of care work, and how it’s fundamentally the foundation upon which all other economies function.”

While robust care policies and infrastructure are still lacking in many nations, Karam says she’s witnessed huge progress since she began working in the MENA region a decade ago.

“The rate of change in some of these more stable nations that have resources is very quick in comparison to the trajectory of women in the workforce in many other countries across the world,” she said.

There’s a cultural shift happening with men in the region, too, according to surveys conducted by UN Women.

“Seventy-six percent of all men in the Arab states region claim very explicitly that they spend too little time with their children,” said Eldhagen, adding that 86% of decision-makers in the Arab states are in favor of longer paternity leave.

Changes like this could help redistribute domestic work more evenly between couples, allowing more women to enter the formal economy and lessening the dependency of households on a single income, said Eldhagen.

“There’s a very clear indication around when you get that second income, you can invest more in education and health. That’s good for the community, for the family, and, of course, for the nation overall,” she added.

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Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) is pleased to announce results from the latest two holes of the ongoing drill program at the Company’s 100%-owned Ballywire zinc-lead-silver discovery (‘Ballywire’), PG West Project (‘PG West’), Republic of Ireland.

Highlights:

  • G11-3552-27 intersected (from 213.0m):
    • 24.8m of 8.1% Zn+Pb (5.8% Zn and 2.3% Pb), 80 g/t Ag and 0.12% Cu, including
    • 15.6m of 11.6% Zn+Pb (8.3% Zn and 3.3% Pb), 122 g/t Ag and 0.19% Cu, including
    • 6.6m of 16.7% Zn+Pb (11.1% Zn and 5.7% Pb), 240 g/t Ag and 0.42% Cu, including
    • 3.5m of 21.3% Zn+Pb (13.3% Zn and 8.0% Pb), 395 g/t Ag and 0.73% Cu
    • Located in middle of 270m gap between two previously released drill fences
  • G11-3552-25 intersected (from 187.2m):
    • 16.2m of 2.8% Zn+Pb (2.1% Zn and 0.7% Pb) and 8 g/t Ag, including
    • 4.6m of 7.4% Zn+Pb (5.6% Zn and 1.8% Pb) and 21 g/t Ag, including
    • 1.9m of 12.9% Zn+Pb (9.6% Zn and 3.3% Pb) and 39 g/t Ag
    • Located 50m NNW from G11-3552-27
  • Above results confirm the extent of the recently announced flat-lying zone of zinc-rich massive sulphide lenses at least 360m along strike and remaining open to the NE
  • Massive sulphide zone is pierced by G11-3552-27 and seven previously released holes, of which three are referenced below:
    • G11-3552-12: 29.6m of 10.6% Zn+Pb and 78 g/t Ag (released 11-Jun-24)
    • G11-3552-18: 11.8m of 11.6% Zn+Pb and 48 g/t Ag (released 22-Oct-24)
    • G11-3552-19: 15.3m of 14.5% Zn+Pb and 56 g/t Ag (released 14-Nov-24)
  • Drilling continues at Ballywire with two rigs testing further down-dip of the two holes released today, plus the NE extension; assay results are expected in due course

‘It is great to see the NE massive sulphide zone now consistently intersected by eight high-grade holes over a strike length of 360m and open to the NE,’ stated Bart Jaworski, CEO. ‘Excellent silver and significant copper values are also noteworthy because they increasingly point to a stratigraphically deeper horizon known to be highly prospective for copper and silver in this part of Ireland. Namely, the Gortdrum Cu-Ag mine, active in the 1960s and 70s, is located 10km NE of Ballywire, whereas, the Denison and Tullacondra Cu-Ag historic occurrences are 5km SE and 45km SW of Ballywire, respectively. A deeper Cu-Ag horizon at Ballywire is one of our key targets for 2025.

Our two other key targets include: (i) exploration drilling along strike from the drilled 2.6km-long discovery area towards the encompassing 6km long prospective trend and (ii) up and down dip from the discovery trend in search of parallel zones of mineralization. We eagerly await results from drilling down dip of today’s results and along the NE extension.’

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Exhibit 1. Cross-Section A-A’ of G11-3552-25, -27 (Filling In 270m Gap Between Fences) at Ballywire

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Exhibit 2. Plan Map Showing Key New Drilling (G11-3552-25, -27) at Ballywire

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Exhibit 3. Emerging Massive Sulphide Zone and Upcoming Drill Results at Ballywire

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Recent Holes from Ballywire Discovery

The Ballywire prospect at the Company’s 100%-owned PG West Project in Republic of Ireland, is a relatively new zinc-lead-silver discovery (first announced Sept-2022). In addition to 42 holes drilled and reported by Group Eleven to date, the most recent two holes (G11-3552-25 to -27) are reported today (see Exhibits 1 to 6). Note, a second batch of assays totalling over 50m within G11-3552-27 is still pending.

High-grade mineralization from G11-3552-25 and -27 consists predominantly of massive and semi-massive sulphide (sphalerite, galena, pyrite, chalcopyrite and suspected tennantite-tetrahedrite), as well as, disseminated and vein hosted sulphide mineralization. Mineralization occurs along and/or close to the base of the Waulsortian Limestone (see Exhibit 1).

Exhibit 4. Summary of Assays from G11-3552-25 and -27 at Ballywire

Item From
(m)
To
(m)
Int
(m)
Zn
(%)
Pb
(%)
Zn+Pb
(%)
Ag
(g/t)
Cu
(%)
G11-3552-25 187.15 203.35 16.20 2.14 0.69 2.83 8.00
Incl. 187.15 195.51 8.36 3.59 1.11 4.70 14.49
Incl. 190.87 195.51 4.64 5.59 1.82 7.41 20.97
Incl. 192.69 194.60 1.91 9.59 3.32 12.92 39.19
G11-3552-27 213.00 237.81 24.81 5.84 2.28 8.11 80.4 0.12
Incl. 219.42 235.06 15.64 8.30 3.28 11.59 122.1 0.19
Incl. 219.42 222.21 2.79 15.57 3.77 19.35 92.79 0.03
And 228.51 235.06 6.55 11.06 5.65 16.71 240.0 0.42
Incl. 230.36 233.90 3.54 13.26 8.01 21.27 395.1 0.73

 
Note: True width of the overall mineralized package in all holes above is estimated at approx. 90-100% of the intersected interval

Overall, recent drilling suggests the emergence of two distinct styles of mineralization. First, relatively flat-lying zinc-rich massive sulphide lenses and second, ‘other high-grade mineralization’, dominated by variably dipping massive sulphides, as well as, vein-hosted and disseminated mineralization (see Exhibits 1-3). Both styles occur at or near the base of the Waulsortian Limestone and offer great exploration opportunities as drilling progresses.

Looking forward, seven (7) drill holes (G11-3552-24, -26, -28 and 29 to -32; see Exhibit 3) are in progress with results expected in due course. Exhibit 3 shows drilling to date across 1.25km of the overall 2.6km long trend (see Exhibit 2) of significantly mineralized drill intercepts (open in all directions). This in turn is hosted within a 6km long prospective trend defined by four gravity high anomalies, only one of which (anomaly ‘C’) is systematically drilled to date (see Exhibit 5).

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Exhibit 5. Regional Gravity at Ballywire Showing 6km Long Prospective Trend

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Notes to Exhibit 6: (a) Pallas Green MRE is owned by Glencore (see Glencore’s Resources and Reserves Report dated December 31, 2023); (b) Stonepark MRE: see the ‘NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland’, by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in ‘Report on Prospecting Licence 464’ by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in ‘The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody’ by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in ‘Report on Mallow Property’ by David Wilbur, dated December 1973; and later summarized in ‘Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork’ by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. ‘Rathdowney Trend’ is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

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Exhibit 6. Regional Map of PG West (100% Interest) and Stonepark (77.64% Interest)

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Note: Two westernmost prospecting licenses were surrendered in December 2024 from the Stonepark Project, reflecting decreasing prospectivity and the Company’s preference to focus on core prospects (Ballywire and Carrickittle West)

Consultant

The Company has engaged ProConsul Capital Ltd. (‘ProConsul’) to provide investment marketing consulting services (the ‘Services‘) commencing February 6th, 2025. In consideration for the Services, the Company will pay a fee of C$6,000/month and has agreed to grant stock options to ProConsul, the number and terms of which stock options will be determined at a later date. The agreement is subject to TSX Venture Exchange acceptance and renewable on a month-to-month basis unless terminated by either party on 30 days written notice.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent ‘Qualified Person’ as defined under Canadian National Instrument 43-101.

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials (‘CRMs’ or ‘Standards’) as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) and (FSE: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire discovery in September 2022. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)

Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit2. The Company’s two largest shareholders are Glencore Canada Corp. (17.1% interest) and Michael Gentile (16.5%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

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

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018)
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2023)

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