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Trump admin warns Peru it could lose sovereignty as China tightens grip on nation

The United States is warning Peru that China’s growing control over a major Pacific port could threaten the country’s sovereignty, escalating tensions over Beijing’s expanding footprint in Latin America. The concern centers on the $1.3 billion deep-water port in Chancay, north of Lima, which has become a flashpoint between Washington and Beijing after a Peruvian court ruling limited government regulatory oversight of the project. The State Department’s Bureau of Western Hemisphere Affairs said on social...

DHS shutdown looms as Johnson navigates GOP divide over stopgap solutions

A partial government shutdown affecting the Department of Homeland Security (DHS) is all but guaranteed unless the Senate rams through a short-term extension of current funding levels sometime on Thursday. But avoiding a DHS shutdown means the same measure must also pass the House of Representatives, where success will depend on delicate political maneuvering by Speaker Mike Johnson, R-La., to persuade a House Republican Conference with varying ideas of what a path forward should look...

DEI, climate agenda advanced through progressive-backed lawsuits, new report claims

A new report from Alliance for Consumers (AFC) argues that progressive, often climate-change-related, activism and aligned trial lawyers are increasingly using lawsuits not to win big dollars but big changes. Since the waning years of the Obama administration, AFC said that courtrooms have become the ‘battleground’ for the political left’s campaign to ‘reshape American society’ through ‘strategic litigation.’  AFC analyzed employment discrimination cases, environmental suits and corporate governance litigation and found that the outcomes, or...

Russia to suspend flights to Cuba as Trump sanctions cut fuel supply

Russia will temporarily suspend flights to Cuba after airlines reported difficulties refueling aircraft on the island, aviation authorities said Wednesday. Russia’s Federal Air Transport Agency Rosaviatsia said in a statement posted on Telegram that the airlines Rossiya, part of the Aeroflot Group, and Nordwind were forced to adjust their flight programs due to problems securing fuel in Cuba. In the coming days, Rossiya will operate several outbound-only flights from Havana and Varadero to Moscow to...

MIKE DAVIS: Red-state senators must pick up the pace to get Trump judges confirmed

Since President Trump resumed office, leftists have run to the courts in a desperate attempt to stop — or, at the very least, stall — his agenda. To defeat this lawfare, President Trump needs the Senate’s help to put constitutionalists on the bench. Democrat senators’ obstruction is unsurprising; not even one has voted for one of President Trump’s appellate court nominees. Many Republican senators, however, are lagging in streamlining nominations. The most serious breakdown is...

Gabbard ends task force that aimed to reform intelligence gathering after less than a year

Director of National Intelligence Tulsi Gabbard announced she was ending the work of a task force that sought to reform the U.S. intelligence community, including rooting out what she described as the politicization of intelligence gathering, after less than a year since its creation. Gabbard established the group in April, when it was also tasked with probing ways to reduce spending on intelligence and whether reports on high-profile topics such as COVID-19 should be declassified....

Ford overtaken by BYD as China reshapes global car industry

Ford Motor Company has been overtaken in global vehicle sales for the first time by Chinese electric car giant BYD, underscoring the dramatic shift under way in the global automotive industry. Ford’s sales slipped 2 per cent last year to just under 4.4 million vehicles, while BYD sold 4.6 million, climbing to sixth place in the global rankings of car manufacturers. The milestone is symbolic for an industry shaped by Ford’s legacy. Founder Henry Ford...

City stalwart Schroders to be sold to US rival in £9.9bn deal

Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per share – a 34 per cent premium to the firm’s closing price of 456p. The transaction will create one of...

Norfolk police chief calls for tougher penalties for prolific shoplifters

The chief constable of Norfolk Police has called for tougher and faster punishments for repeat shoplifters, warning that persistent offenders are not being deterred by the current system. Paul Sanford said shoplifting was one of the few crimes in the county that continued to rise, and expressed frustration at delays in the courts. Speaking on BBC Radio Norfolk, Sanford said: “There’s big delays in our court system and I will share my frustration that sometimes...

Tangible raises $4.3m seed round to unlock scalable debt finance for hardtech firms

Tangible, a fintech platform focused on helping hardtech companies access and manage structured debt financing, has raised a $4.3 million seed round as it looks to modernise how capital-intensive businesses fund growth. The round was led by Pale Blue Dot, with participation from MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital and Aperture. The funding will be used to scale Tangible’s team and deepen automation across its platform. Hardtech companies, spanning sectors such as energy,...