Author: Press Room
A number of hawkish lawmakers on both sides of the aisle are urging the Trump administration to focus its effort to cut off Iran’s economic lifeline on one primary target: Chinese banks.Since Treasury Secretary Scott Bessent pledged Monday to sanction Tehran’s “enablers,” one big question has been whether the White House is willing to risk taking on Beijing, Iran’s biggest trading partner.On Capitol Hill, at least, the appetite appears to be there — particularly in terms of going after Chinese financial institutions.“Any country complicit in providing an economic lifeline to Iran’s terrorist regime, including China, must be held accountable,” said…
Parliament Speaker Mohammad Bagher Ghalibaf has said the strategic partnership between Tehran and Beijing “needs no one’s permission” Iran has praised China for rejecting US threats to impose sanctions on countries that continue to trade with the Islamic Republic, with Parliament Speaker Mohammad Bagher Ghalibaf saying on Wednesday that Tehran’s strategic partnership with Beijing “needs no one’s permission.”Ghalibaf welcomed what he called China’s “principled statement” rejecting “illegal sanctions against Iran” in a post on X.“The Iran-China comprehensive strategic partnership is rooted in mutual respect, win-win cooperation, and a shared vision for a multipolar world,” he wrote. “This relationship needs no…
The East Palestine Police Department has released the bodycam footage of San Francisco 49ers owner and CEO Jed York’s humiliating arrest, and it is every bit as grotesque as you’d expect from a Silicon Valley–style NFL billionaire who lectures America about “values” while texting an undercover hooker from a rental car in a mobile home park. 49ers owner Jed York arrested | KRON4 York, whose family fortune is estimated in the billions, was arrested Sunday morning, August 23, at the Wheat Hill Mobile Home Community in East Palestine, Ohio, the same working-class town the Biden-Harris regime treated like a toxic…
Torrential rains and swollen rivers caused massive floods and dangerous landslides in Tibet and Nepal on Wednesday, sweeping away villages and destroying crucial roads and bridges. The death toll stood at 95 on Wednesday, with hundreds of people missing, including some 341 foreign nationals. According to Chinese state media, the flash floods began at around 9:00 a.m. local time in the border region of Nepal, quickly spilling over into Tibet’s Gyirong county. The first report of the disaster came from a border checkpoint that was obliterated in a matter of seconds, as recorded by horrified onlookers: Nepalese officials reported 72…
The Treasury Department’s plan to expand purchases of long-dated government debt is beginning to show signs of improving liquidity in the bond market without preventing yields from responding to economic conditions—even though the actual purchases will not begin for weeks. Since Treasury Secretary Scott Bessent announced last week that the department would at least double the size of its buybacks of longer-dated securities, Treasury bonds have outperformed interest-rate swaps of comparable maturities. The gap between the 30-year Treasury yield and the equivalent swap rate has narrowed to its smallest since February. Bloomberg News first reported the narrowing gap. That movement…
On Wednesday’s broadcast of CNN’s “Situation Room,” Rep. Debbie Dingell (D-MI) responded to the controversy around Democratic U.S. Senate nominee Abdul El-Sayed’s relationship with Hasan Piker by saying that “I’m tired of people trying to drag me into it. I strongly disagree with many of the things that Hasan Piker has said,” and “it’s incumbent upon Abdul to make it very clear to people that he doesn’t agree with things that Hasan Piker says. I pray we’re not going to see him in Michigan from now until the election. But I’m focused on getting healthcare back for the people that…
Pressure is growing on House GOP leaders to allow a floor vote before the midterms on legislation designed to shield their constituents from the costs associated with data centers, with an increasing number of Republicans worried that mounting opposition to the energy-sucking facilities could hurt them at the polls.Reeling from voter complaints over the five-week summer recess about rising power prices linked to the nationwide data center boom — necessary to power the growing artificial intelligence demand — some Republicans are now pressing for action around a bill called the Ratepayer Protection Act.The bipartisan measure, which advanced unanimously out of…
The legendary musician says Big Tech manipulation and military confrontation stem from the same pursuit of power Pink Floyd co-founder Roger Waters has warned that artificial intelligence and social media are eroding people’s ability to think and feel, while powerful interests exploit technology, politics and war for profit.Speaking to RT on Wednesday, the veteran musician welcomed Australia’s decision to bar fully AI-generated songs from its music charts, saying streaming platforms have already gutted musicians’ livelihoods with minuscule royalties while concentrating ownership and profits in the hands of Big Tech.“So that piracy has almost destroyed everything. But if they are then…
From Canada to Europe, citizens are pushing back against migration because of concerns over crime, welfare dependency, and the broader fiscal burden. Photo courtesy of CBC. From Canada to Europe, citizens are pushing back against migration because of concerns over crime, welfare dependency, and the broader fiscal burden. Photo courtesy of CBC. A Canadian group is being called racist for pushing back against immigration, but they have legitimate grounds to believe the country would benefit from mass deportations. Statistics Canada’s “immigrant generation” measure shows 44% of Canadians are first- or second-generation, either immigrants themselves or Canadian-born children of at least…
Innovation Council Action founder Taylor Budowich emphasized listening to communities and addressing concerns over electricity and water surrounding artificial intelligence and data-center development during a Breitbart News policy event, while arguing that good policy can help address the political challenges surrounding the issues. Breitbart News Washington Bureau Chief Matt Boyle asked Budowich what advice he would give political operatives in either party as they consider how to discuss artificial intelligence and data centers ahead of the midterm and 2028 elections. “You listen first, then you address the concerns,” Budowich said. “The concerns — electricity, water — are driving a lot…