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11:Te79,UK Supreme Court Rules A Trans-Woman Is Not A Woman The Supreme Court of the United Kingdom has unanimously ruled that the terms "women" and "sex" refer to a biological woman and biological sex. On Wednesday, the court concluded that someone with a Gender Reassignment Card in the female gender does not fall within the definition of a woman under the Equality Act of 2010 - which legally protects people in British society from discrimination.BREAKING: It's the "unanimous decision" of this court that the terms "woman" and "sex" refer to a biological woman and biological sex in the Equality Act 2010, Lord Hodge says in the Supreme CourtLive updates ➡️ https://t.co/tEMadShrvq📺 Sky 501 and YouTube pic.twitter.com/J37IxxLiCj— Sky News (@SkyNews) April 16, 2025A Scottish advocacy group, 'For Women Scotland' had sued the Scottish government which had argued in court that trans people with a Gender Reassignment Card are entitled to same sex protections as biological women. In 2018, Scottish Parliament concluded that the definition of a woman includes people "with the protected characteristic of gender reassignment" under the Gender Representation on Public Boards Act, and that people "living as a woman" and those "proposing to undergo, undergoing, who have undergone a gender reassignment process," were included.Women Scotland, meanwhile - whose website states "that there are only two sexes, that a person's sex is not a choice, nor can it be changed," took the case to Britain's Supreme Court in order to obtain a concrete interpretation of the 2010 Equality Act, which would apply across the entire UK.The U.K. Supreme Court ruled Wednesday that only people born female are defined as women under Britain's Equality Act. © Andy Rain/EPA-EFEAccording to the Supremes, "a person with a GRC in the female gender does not come within the definition of a woman under," and that "the statutory guidance issued by the Scottish Ministers is incorrect."That said, this interpretation of the 2010 EA leaves certain protections for trans people intact - specifically that "trans people are protected from discrimination on the ground of gender reassignment," and that they are also "able to invoke the provisions on direct discrimination and harassment, and indirect discrimination on the basis of sex."It took three extraordinary, tenacious Scottish women with an army behind them to get this case heard by the Supreme Court and, in winning, they’ve protected the rights of women and girls across the UK. @ForWomenScot, I’m so proud to know you 🏴󠁧󠁢󠁳󠁣󠁴󠁿💜🏴󠁧󠁢󠁳󠁣󠁴󠁿💚🏴󠁧󠁢󠁳󠁣󠁴󠁿🤍🏴󠁧󠁢󠁳󠁣󠁴󠁿 https://t.co/JEvcScVVGS— J.K. Rowling (@jk_rowling) April 16, 2025I think this is a better summary. Bloke in a dress, no matter the shade of lippy, height of heels, or how good the 'tucking' is still a MAN. pic.twitter.com/06VZMERkSf— SusanWalters (@EstTerraNostra) April 16, 2025As modernity.news notes, "Alphabet people, however, are big mad..."I hope you all rot in hell— NerdyActivist (@nerdyactivist84) April 16, 2025The death of hope the death of reason the death of living in a free compassionate country— Rhea Rose (stardust) ✨️🩷🖤🌹 (@RheaRose03) April 16, 2025TW: TransphobiaI'm fuming are you fucking kidding me UK Supreme Court?This protects no one and amplifies attacks on the most vulnerable in our community.Fuck off.Trans Women are women.Trans Men are men.NB people thrive.Gender fluid people are valid.No ifs or buts.— pretendasaur 🦖 🐈 (@pretendasaurTTV) April 16, 2025Seething...Screenshot via modernity.news. You can support them here. Tyler DurdenWed, 04/16/2025 - 10:4512:T15c4,Lincoln Was A 'Threat To Democracy' Authored by Al Perrotta via The Daily Signal,One hundred sixty years ago tonight, at Ford’s Theater, John Wilkes Booth put a bullet in the head of President Abraham Lincoln. What motivated the 26-year-old actor? Fame? No, he had plenty of that. His photos were outsold only by Honest Abe himself. Acclaim? No, contrary to tales told in school that he was jealous of the critical raves afforded his father Junius and brother Edwin, Booth earned reviews any young actor would die for. He even refused to perform under his real name until he earned reviews worthy of the name. To avenge the Confederacy’s defeat? You’re getting closer. Booth raged and despaired over the suffering incurred by the South. Actually, John Wilkes Booth told us his motivation. After shooting Lincoln and making his dramatic leap to the stage, Booth shouted “Sic Semper Tyrannis!” (“Thus always to tyrants.”) Or to put it another way, “Lincoln was a threat to democracy.” Threat to Democracy Twice last summer, amid a daily drumbeat from former President Joe Biden, Democrats, and the media that Donald Trump was a “threat to democracy,” a budding tyrant, two would-be assassins came very close to killing him. Ryan Routh was charged Thursday in Florida for his attempt. A recent study indicates 55% of self-described leftists think the assassination of Trump would be “justifiable.” Given the rhetoric, given the vast numbers with a similar heart, it’s no wonder Routh thought he was doing the world a favor. “Everyone across the globe from the youngest to the oldest know [sic] that Trump is unfit to be anything, much less a U.S. president,” Routh wrote in a letter found after his arrest. “U.S. presidents must at bare minimum embody the moral fabric that is America and be kind, caring and selfless and always stand for humanity.” So did Booth, who wrote while on the run: Our country owed all her troubles to him, and God simply made me the instrument of his punishment.A country that groaned beneath this tyranny, and prayed for this end, and yet now behold the cold hands they extend to me. Booth grew increasingly dismayed at being vilified and rejected. I am here in despair. And why? For doing what Brutus was honored for. What made Tell a hero? And yet I, for striking down a greater tyrant than they ever knew, am looked upon as a common cutthroat. In a letter attempting to justify his actions, Booth wrote: When Caesar had conquered the enemies of Rome and the power that was his menaced the liberties of the people, Brutus arose and slew him. The stroke of his dagger was guided by his love of Rome. It was the spirit and ambition of Caesar that Brutus struck at. Oh, that we could come by Caesar’s spirit, And not dismember Caesar. But, alas! Ceasar must bleed for it. Booth, a man steeped since birth in Shakespearean drama, sought the death of Lincoln as Shakespeare’s Brutus did Caesar’s. This fear stemmed not from what the president had done, but from the belief that with his enemies conquered, Lincoln would keep his war powers and reign as a tyrant. This gets to one of the most tragic elements of Lincoln’s assassination, positively Shakespearean in its awfulness. John Wilkes Booth failed to realize that with the war over, Lincoln was the best friend the South had. And Booth had a role to play. The greatest of his life. A Terrible Missed Opportunity? Lincoln wanted a gentle reconciliation between North and South, “with malice toward none, and charity for all.” Many powerful forces around him had plenty of malice toward the Confederacy, and no mood for charity. Those in the South whose towns had been laid waste and their sons laid to rest by the hundreds of thousands, would also have trouble with reconciliation. Lincoln’s mission of unifying the country in peace looked to be as difficult as winning the war. He would need all the help he could get. Author Michael Kauffman discovered an intriguing tidbit when researching his book “American Brutus.” A worker at Ford’s Theater saw Booth hand an attendant a card, and the attendant bring the card into the Presidential Box. What happened next is not known. But is it not possible that Lincoln received Booth’s card, and knowing Booth’s fame, his oratory gifts and his sympathies, realized the actor could prove very valuable in helping “bind the nation’s wounds”? Who better than America’s First Family of Theater to help bring the nation together? Perhaps the theater-loving president even knew the three acting Booth brothers would be sharing the stage at a benefit the following week. With the war over and the comedy romp “Our American Cousin” playing out beneath him, did Lincoln see in Booth’s card a golden opportunity? Is it not likely an excited Lincoln told the attendant, “Yes, send Mr. Booth in”? Rather than summon a potential partner, Lincoln summoned his own executioner. Booth killed not only the president, but all hope for a gentle reconciliation. How much better for his beloved South had Booth pulled up a chair instead of a pistol? How much better for our nation and their own dreams if liberals sought Trump’s cooperation rather than destruction?The future is in their hands. The 55% who believe Trump’s assassination would be justified would heed well the lesson of John Wilkes Booth. After being cornered in a barn in Port Royal, Virginia and shot, Booth looked down at his hands and uttered his final words: “Useless. Useless.” Tyler DurdenTue, 04/15/2025 - 22:3513:T153f,China’s first-quarter gross domestic product expanded by 5.4%, higher than expected. Beijing replaced its vice minister of commerce, who also holds the role of top trade official. U.S. markets fell slightly as the VIX index pulled back from a high. Nvidia will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China. United Airlines took an unusual step of offering two earnings outlooks. The U.S. retail sales report, out Wednesday, could be deceptive.Airplanes are one of the few modes of transport that get you from your place of origin to your destination in a mostly straight line. But United Airlines, one of the biggest carriers in the U.S., doesn’t have the luxury of a direct route when it comes to predicting its finances. The airline on Tuesday offered two full-year earnings estimates: One is its original stemming from January; the other, a newly revised forecast if there is a recession.On the one hand, it’s an acknowledgement that it’s impossible to predict the economy — think about how many analysts were certain a recession would strike the U.S. in 2023. On the other, it’s uncommon for companies to do so, reflecting the heightened volatility in the economy because of U.S. President Donald Trump’s administration.In markets, however, volatility seems to be subsiding for now, according to the CBOE Volatility Index, or the VIX, which is seen as Wall Street’s “fear gauge.” Stocks retreated Tuesday, but they were marginal drops compared with the huge plunges the last week. The journey now, then, is relatively smoother, but as United Airlines’ unusual move suggests, turbulence could still be ahead.What you need to know todayChina’s economy heats upChina’s economy expanded by 5.4% in the first quarter, according to data from National Statistics Bureau on Wednesday, higher than the 5.1% growth expected in a Reuters poll. Better-than-expected retail sales and industrial output boosted China’s economy. The former rose by 5.9% year on year in March, sharply beating analysts’ estimates for a 4.2% growth, while industrial output expanded by 7.7% from a year earlier, higher than median estimates of 5.8%.New appointee for China’s top trade jobOn Wednesday, China appointed Li Chenggang as vice minister of commerce and as a top representative for international trade negotiation, according to an official statement. That makes Li a key personnel as Beijing confronts a growing trade war with the U.S., in which talks or concessions have yet to occur. Li replaces Wang Shouwen, who previously occupied both roles.Nvidia to take $5.5 billion chargeNvidia shares fell around 6% in extended trading after the company said Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations. On April 9, the U.S. government told Nvidia it would require a license to export the chips to China and a handful of other countries, the company said in a filing. The H20 is an AI chip for China that was designed to comply with U.S. export restrictions.Volatility in U.S. markets retreatsU.S. stocks slipped Tuesday. The S&P 500 dropped 0.17%, the Dow Jones Industrial Average lost 0.38% and the Nasdaq Composite was down a marginal 0.05%. The VIX fell to about 30 after hitting a high of around 60 last week. Asia-Pacific markets fell Wednesday. Hong Kong’s Hang Seng Index lost more than 2.3%, leading losses in the region. Declines of over 4% in Chinese tech giants like Meituan, Alibaba and Kuaishou Technology dragged down the index.Earnings estimates in a recessionUnited Airlines reported earnings on Tuesday, and took an unusual step of offering two earnings outlooks. The company left intact expectations issued in January, but also provided earnings estimates in the event of a recession. “The Company’s outlook is dependent on the macro environment which the Company believes is impossible to predict this year with any degree of confidence,” it said in a securities filing.[PRO] U.S. retail report could be deceptiveThe U.S. retail sales report, out Wednesday, should look solid as consumers are still spending money. Economists are also expecting a healthy growth reading. The details, though, likely will tell a different story. Here’s why investors should not be taken in by the headline number, wrote CNBC’s Jeff Cox.And finally...Bloomberg | Bloomberg | Getty ImagesTakeshi Niinami, CEO and chairman of Suntory Holdings at the World Economic Forum in Davos, Switzerland, on Jan. 24, 2025.Tokyo has ‘many cards’ to play in U.S. tariff negotiations, says Japanese economic advisorJapan has “many cards” to play in tariff negotiations with the United States, according to Takeshi Niinami, senior economic advisor to Japan’s prime minister.Niinami pointed out that Japan has been the biggest foreign investor in the U.S. and the largest foreign holder of U.S. Treasury bonds. Japan should therefore talk about more opportunities to invest in the United States, and will keep its massive stock of U.S. Treasurys, he said, adding “We know that the President is [very concerned] over the bond market,” referring to U.S. President Donald Trump.His comments comes ahead of a three-day trip by top negotiator Ryosei Akazawa to the U.S. for talks with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer.14:Td20,Equity Insider News CommentaryIssued on behalf of Lake Victoria Gold Ltd.VANCOUVER, BC, April 15, 2025 /PRNewswire/ -- With gold recently breaking above $3,200 per ounce, major banks are revising their forecasts even higher—UBS now sees gold hitting $3,500, while Deutsche Bank is targeting $3,700. As economic uncertainty continues to escalate, gold's parabolic price action is drawing renewed attention from investors looking for safe havens and inflation protection. Many are turning to physical bullion and gold ETFs, but a growing number are also eyeing gold mining stocks, which can offer amplified exposure to rising gold prices. Amid this momentum, several gold-focused companies are generating fresh interest, including Lake Victoria Gold (TSXV:LVG) (OTCQB:LVGLF), Integra Resource Corp. (NYSE-American: ITRG) (TSXV:ITR), GoldMining Inc. (NYSE-American: GLDG), Freegold Ventures Limited (TSX:FVL) (OTCQX:FGOVF), and Vox Royalty Corp. (NASDAQ:VOXR) (TSX:VOXR). Gold mining stocks have been steadily gaining ground alongside the precious metal's historic run. While large-cap miners have seen their stock prices pop off, several junior exploration companies are also making headlines with encouraging drill results that could signal major upside potential.Lake Victoria Gold (TSXV:LVG) (OTCQB:LVGLF), an emerging East African gold developer, recently secured four new Mining Licenses at its Tembo Project in northern Tanzania, marking a major step forward in its development strategy."The approval of our Mining Licenses is a pivotal step forward for the Tembo Project," said Marc Cernovitch, President & CEO of Lake Victoria Gold. "We have always believed in the district-scale potential of this asset. With tenure now secured for the next 10 years, we can focus on evaluating the most efficient development options to unlock maximum shareholder value."Situated in Tanzania's well-known Lake Victoria Goldfield, Lake Victoria Gold's (LVG) flagship project has already attracted more than US$28 million in exploration investment, including the completion of 50,000 meters of diamond and reverse circulation (RC) drilling. This depth of historical work provides a robust technical foundation and positions the project with a meaningful head start compared to earlier-stage peers.The recent conversion of LVG's Prospecting License into four Mining Licenses represents a major step forward, significantly reducing regulatory uncertainty and paving the way for focused development planning. Each Mining License is valid for an initial 10-year term and includes an option for an additional 10-year renewal, offering long-term operational visibility.With extensive exploration data already in hand, the company has identified three high-priority targets within the Tembo Project area. These zones are showing encouraging gold grades and carry the hallmarks of potential resource growth as the project enters its next phase of advancement.At the Ngula 1 target, drilling has outlined a broad, mineralized corridor roughly 250 meters wide and extending at least 600 meters in length—open in both directions and at depth. This structural zone hosts multiple gold-bearing veins, with notable intercepts like 3.13 grams per tonne (g/t) of gold over 25.89 meters and an especially compelling interval of 22.18 g/t over 15 ...Full story available on Benzinga.com15:T49c7,U.S. stocks gyrated on Tuesday, as investors analyzed the latest batch of first-quarter earnings reports and enjoyed a recent decline in market turmoil.The Dow Jones Industrial Average lost 106 points, or 0.3%. The S&P 500 and Nasdaq Composite each slid 0.1%. The three averages are coming off back-to-back winning sessions.Tuesday’s muted moves were in stark contrast to the volatile swings seen in recent sessions. The Cboe Volatility Index (VIX), known as Wall Street’s “fear gauge,” fell below 30 after hitting a high of around 60 last week.Bank of America and Citigroup added more than 4% and 2%, respectively, after exceeding analyst expectations for the first quarter. Bank stocks as a whole provided upward momentum, with the SPDR S&P Bank ETF (KBE) rising nearly 2%.Other major reports due this week include United Airlines and Netflix. Beyond earnings, Boeing shares slipped close to 2% after Bloomberg reported that Beijing ordered Chinese airlines not to take more of the company’s planes.Stocks received a tailwind into this week after guidance on Friday from U.S. Customs and Border Protection revealed exemptions from “reciprocal” tariffs for electronic products such as smartphones, computers and semiconductors. Still, comments from President Donald Trump and Commerce Secretary Howard Lutnick on Sunday suggested these exemptions might only be temporary.Despite recent gains, the three major indexes are still clawing back losses seen in the wake of Trump’s original tariff announcement on April 2. The Dow and Nasdaq have each slid more than 3%, while the S&P 500 has dropped more than 4%.“The worst-case scenario is off the table,” said Larry Tentarelli, founder of the Blue Chip Daily Trend Report. But, “the problem is we could get a headline at any time and the market goes down 3%.”Market isn’t ‘out of the woods yet’ with volatility around tariffs, Piper Sandler says Stocks may be due for more chaotic moves with tariff uncertainty, according to Piper Sandler.“Technically, we are ‘not out of the woods yet,’ as we’d like to see the SPX recover its March lows and make another ascent toward its 50-/200-day MAs at around 5,750-5,800,” analyst Craig Johnson wrote in a Tuesday note. “Investors are returning to the equity market despite the crosscurrents in the macro picture.”“We expect investors to temporarily shift their attention to earnings and away from tariffs, allowing the macro picture to settle down in the upcoming weeks,” he continued.— Sean ConlonInvestor Josh Brown buys NetflixBeata Zawrzel | Nurphoto | Getty ImagesNetflix is the best stock to withstand an economic slowdown, according to buyer Josh Brown.“I actually think it’s the best stock in the market for this year,” the Ritholtz Wealth Management CEO said Tuesday on CNBC’s “Halftime Report.”“That doesn’t mean I think it’ll go up the most, but I am not on the hunt for the hardest-hit stocks to try to bottom fish,” he continued. “I’m looking for resilience, because I think in a defensive bear market, that’s the number one quality of the stocks that by year-end will have performed the best.”Read the full story here.— Sarah Min ‘Rubber will have to meet the road,’ Mahoney Asset Management CEO saysWhile President Donald Trump’s pause on many of his tariffs lifted the market recently, Ken Mahoney, CEO of Mahoney Asset Management, still expects challenges ahead.“Big money may be looking to sell all rallies, as we still overall are in bearish conditions,” Mahoney told CNBC.Mahoney said the market is likely still trending downward, though that may not yet be apparent to investors.“At some point this rally will be tested and pullback,” he added. “That is where the rubber will have to meet the road to see the true trend of the market.”— Alex HarringGold miners hit highest level since 2012The VanEck Gold Miners ETF (GLD) advanced 0.6% Tuesday, reaching its highest point since Nov. 2012.Some of the companies in the fund at new 52-week highs include Alamos Gold, AngloGold, Agnico Eagle and Endeavour Mining.The surge higher comes as gold prices have surged in 2025, due to a surge in safe-haven demand as President Donald Trump’s tariff policies spark uncertainty in the market.— Hakyung Kim, Gina FrancollaThe economy will stabilize going forward from here, says chief investment officerWhile lingering tariff uncertainty has taken stocks for a downward ride over the past few weeks, BMO Wealth Management’s chief investment officer believes the fundamental market backdrop still looks relatively solid.“Right now, I do think what we see is some strength in consumer ... we actually think consumer spending will hold up reasonably well,” Yung-Yu Ma said on CNBC’s “Money Movers” on Tuesday morning. “We actually think the environment going forward, after we’ve gotten through this rough patch, is reasonably stable.”The CIO added that the labor market may see some near-term softness, but will ultimately remain relatively healthy by summertime. Ma also believes investors are perhaps too pessimistic on their earnings revision for the upcoming earnings season.“I think there was some additional caution,” he said. “There were some revisions that were more based on uncertainty pulling down the revisions rather than actual commentary or economic data that was coming in.”— Lisa Kailai HanTrump has not ‘made a determination’ on raising corporate tax rate, White House saysWhite House press secretary Karoline Leavitt on Tuesday indicated that Trump could be open to raising the corporate tax rate to help pay for cuts elsewhere.“I don’t believe the president has made a determination on whether he supports it or not,” Leavitt said when asked about the idea.The Tax Cuts and Jobs Act, enacted during Trump’s first stint in the presidency, is set to expire at the end of this year. Negotiations over extending or changing those policies are expected to be a prominent focus in Washington, D.C., in the months ahead.— Jesse PoundJamie Dimon urges Washington to engage with ChinaMike Segar | ReutersJamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks to the Economic Club of New York in Manhattan, New York City, on April 23, 2024.JPMorgan Chase CEO Jamie Dimon urged the White House to engage in negotiations with China before Trump’s trade war escalates further.“I don’t think there’s any engagement right now ... it doesn’t have to wait a year. It could start tomorrow,” he said in an interview with the Financial Times.His comment came after Trump excluded China in his 90-day pause of sweeping tariffs. China struck back with 125% tariffs on U.S. goods after Trump’s latest executive order boosted tariffs on Beijing to 125%, stacked on top of a combined 20% fentanyl-related tariff imposed in February and March.“We should be careful. I don’t think anyone should assume they have a divine right to success and therefore don’t worry about it,” Dimon said.— Yun LiShort-term market trend is to downside, Wolfe Research saysThe market could be in for more pain, according to Wolfe Research.“We continue to believe that the near-term trend is to the downside,” Chris Senyek, the firm’s chief investment strategist, wrote to clients Tuesday.Senyek said “peak fear” tied to Trump’s tariff policy rollout is likely now in the rearview mirror. However, he said to expect more uncertainty during the so-called pause on many levies for 90 days, as well as the continued trend of the market being sensitive to any updates on trade policy.— Alex HarringHealth-care stocks drag on marketShares of health-care names restricted the S&P 500 on Tuesday.The S&P 500 sector slid nearly 1% midday. By comparison, the broad index flickered around flat.Molina Healthcare and Zimmer Biomet led the index lower, with both dropping more than 3%. Moderna was also among the biggest losers, posting a decline of around 3%.Pfizer and DexCom were among the stocks bucking the downtrend, as both names rose more than 1%.— Alex HarringStocks making the biggest moves midday TuesdayBrendan McDermid | ReutersA screen displays the logo for Boeing on the floor at the New York Stock Exchange on April 2, 2025.Check out the companies making headlines in midday trading:Hewlett Packard Enterprise — The cloud services company saw shares jump 5% after news that Elliott Management has taken a $1.5 billion stake in the company. Elliott Management hopes to engage the company in discussions on how to improve shareholder value, a person familiar with the matter told CNBC.Boeing — The aerospace stock fell slightly on the heels of Bloomberg, citing people familiar with the matter, reporting that Beijing ordered Chinese airlines not to take any further Boeing plane deliveries and halt purchases of aircraft equipment from U.S. companies.Bank of America — Shares jumped 4% after Bank of America reported first-quarter results that exceeded analysts’ expectations as net interest income and trading revenue outperformed. The bank posted earnings of 90 cents per share on revenue of $27.51 billion. Analysts polled by LSEG had called for earnings of 82 cents per share on revenue of $26.99 billion. The full list can be found here.— Hakyung KimBank of America double-downgrades Dow, citing ‘perfect storm’Shares of chemical company Dow were under pressure on Tuesday after receiving a rare double-downgrade from Bank of America.Analyst Steve Byrne lowered his outlook on Dow to underperform from buy, citing global economic forces that could hurt the stock.“DOW is now facing a ‘perfect storm’ of softening macro, emerging barriers to trade, and higher US feedstock costs, which have led us to cut our 2025-26 EBITDA estimates by 17%/23%,” Byrne said in a note to clients, referring to an adjusted profit metric.The stock was down more than 2% in midday trading.— Jesse PoundBank stocks rallyBank stocks outperformed on Tuesday.The SPDR S&P Bank ETF (KBE) jumped 2% in late morning trading. By comparison, the S&P 500 rose 0.4%.Bank of America and Citigroup popped more than 3% and 2%, respectively, after the banks’ earnings both topped Wall Street expectations. Wells Fargo, Morgan Stanley and Goldman Sachs were also among the financial institutions advancing.— Alex HarringVolatility index falls below 30The CBOE Volatility Index, or VIX, fell again on Tuesday, breaking below the 30 level to about 28.49. The index, which measures implied volatility based on S&P 500 options pricing, was trading above 50 just a week ago.The index is often referred to as Wall Street’s “fear gauge.” In recent years, it has typically traded below 20 during calm market periods.“We believe ‘peak fear’ is likely past us as capitulation levels for indicators such as the VIX and Put/Call ratio were reached within the throes of the selloff,” Chris Senyek of Wolfe Research said in a note to clients Tuesday.— Jesse PoundHP Enterprise shares jump after Elliott takes stakeSopa Images | Lightrocket | Getty ImagesHewlett Packard Enterprise shares jumped nearly 7% after news that Elliott Management has taken a $1.5 billion stake in the company.Elliott Management hopes to engage the company in discussions on how to improve shareholder value, a source familiar with the matter told CNBC.— Yun LiSteve Eisman says he has reduced risk as tariff negotiations could take monthsSteve Eisman of “The Big Short” fame said he has reduced risk in his portfolio as he believes Trump’s tariffs could be an overhang for the market for months.“I’ve taken some risk down in my personal portfolio, and I’m waiting,” Eisman said on CNBC’s “Squawk Box” on Tuesday. “I think we’re going to have volatility for quite a while. The Trump administration has set up a situation where negotiating with multiple countries or multiple issues are going to take a couple of leads. It could take a few months.”The former Neuberger Berman senior portfolio manager and “The Eisman Playbook” host said stocks such as Nvidia and Apollo have very strong fundamentals and could be long-term winners.— Yun LiStocks are little changedStocks traded within striking distance of flat as Tuesday’s trading day kicked off.The Dow and Nasdaq Composite ticked higher by 0.1% each shortly after 9:30 a.m. ET. The S&P 500 added 0.2%.— Alex HarringImport prices fell 0.1% in March prior to Trump tariffsJustin Sullivan | Getty ImagesPrices for U.S. imports edged lower in March, just ahead of the rollout of President Donald Trump’s blanked tariffs, the Bureau of Labor Statistics reported Tuesday.Import prices declined 0.1% after rising 0.2% in February, pushed lower by a 2.3% fall in fuel prices. Economists surveyed by Dow Jones had been looking for an unchanged reading.Export prices were flat on the month after also being up 0.2% the prior month.— Jeff CoxEmpire State manufacturing reading not as bad as expectedThe outlook for factory activity in the New York region dimmed to its second-lowest in the 22-year history of a Federal Reserve survey released Tuesday.Though the New York Fed’s Empire State Manufacturing index actually rose nearly 12 points, it remained negative at -8.1, representing the percentage difference between companies reporting expansion against contraction. The reading was better than the -12.4 level forecast by Dow Jones.However, the general business condition index for expected activity six months ahead tumbled 20.1 points to -7.4. New orders, shipments and inventories are all expected to decline, while the pace of price increases is expected to pick up.— Jeff CoxBoeing, Citigroup among biggest premarket moversCheck out the companies making headlines before the bell:Boeing — Shares of the aerospace company fell more than 3% after Beijing ordered Chinese airlines not to take more deliveries of Boeing planes and to halt purchases of aircraft equipment from U.S. companies, according to a Bloomberg report on Tuesday.Dow — The chemical stock slid more than 4% after a downgrade to underperform from buy at Bank of America. The investment firm said Dow is facing a “perfect storm” of negative factors, including a weakening economy and higher barriers to trade.Citigroup — Shares rose after the bank reported better-than-expected results, driven by gains at its fixed income and equities trading units. Citi earned $1.96 per share on revenue of $21.50 billion. Analysts estimated the bank would earn $1.85 per share on $21.29 billion in revenue. For the full list, read here.— Pia SinghCitigroup beats expectationsErik Mcgregor | Lightrocket | Getty ImagesSign at the entrance to a Citibank branch in Manhattan. Citigroup shares ticked higher after the bank exceeded Wall Street’s expectations for first-quarter earnings.The bank earned $1.96 per share on $21.60 billion in revenue. Analysts polled by LSEG forecast just $1.85 in earnings per share and revenue of $21.29 billion.— Alex Harring, Hugh SonJ&J beats on earningsJohnson & Johnson reported quarterly results that beat analysts’ expectations. The pharmaceutical giant earned $2.77 per share on revenue of $21.89 billion. Analysts polled by LSEG expected a profit of $2.59 per share on revenue of $21.56 billion.Shares ticked slightly higher in the premarket.— Fred ImbertBank of America shares rise after earnings beatDanielle DeVries | CNBCPeople walk by a Bank of America in New York City on Feb. 13, 2025.Bank of America posted better-than-expected earnings for the first quarter, sending shares higher by more than 1% in the premarket. The bank earned 90 cents per share on revenue of $27.51 billion. Analysts had forecast a profit of 82 cents per share on revenue of $26.99 billion.The company’s results were driven by strong revenue from trading and solid interest income.— Fred ImbertAsia-Pacific markets mostly rise after tech rally pushes Wall Street higherAsia-Pacific markets mostly rose Tuesday after all three key Wall Street benchmarks advanced overnight on a tech rally.Japan’s benchmark Nikkei 225 climbed 0.84% to end the day at 34,267.54, while the broader Topix index advanced 1% to 2,513.35.In South Korea, the Kospi index added 0.88% to close at 2,477.41, while the small-cap Kosdaq moved up 0.41% to 711.92.Australia’s S&P/ASX 200 moved up 0.17% to close at 7,761.70.India’s benchmark Nifty 50 surged 2.18% while the broader BSE Sensex rose 2.19% as of 1:50 p.m. Indian Standard Time.Hong Kong‘s Hang Seng Index closed 0.23% higher at 21,466.27, while Mainland China’s CSI 300 ended the day flat at 3,761.23.— Amala BalakrishnerInvestors need to practice patience amid a ‘very much intact bull market,’ says OppenheimerIt is essential for investors to practice patience and not got swept up in trepidation amid this period of heightened uncertainty, according to Oppenheimer.In a Monday note, Oppenheimer chief investment strategist John Stoltzfus reiterated his bullish stance on equities.“We remain positive on stocks and consider near-term volatility tied to the uncertainties surrounding the tariff regime structure — which for now remains in our view very much ‘a work in progress’ — as not atypical of a period in market history which is laden with watershed caliber developments in technological innovation and changes likely to the global trade landscape that seek to create a fairer and likely more competitive global venue,” he wrote.Stoltzfus added: “Pullbacks earlier this year have mostly looked like ‘trims’ and ‘haircuts’ for the S&P 500 whenever bears, skeptics, and nervous investors have found a catalyst to take near-term profits without FOMO (fear of missing out) amid what appears to us in fundamentals that persist in showing resilience like a very much intact bull market.”Specifically, Stoltzfus listed his favorite sectors as information technology, communications services, consumer discretionary, financials and industrials — sectors that have all sold off this year.— Lisa Kailai HanON Semiconductor stock rises 3% after withdrawing offer to buy Allegro MicroSystemsThomas Fuller | Sopa Images | Lightrocket | Getty ImagesShares of ON Semiconductor added 3% in Monday’s extended-hours trading after the company announced it had terminated its all-cash bid to acquire Allegro MicroSystems for $35.10 per share.Shares of Allegro tumbled 12%.In a press release, ON Semiconductor said it had “determined there is no actionable path forward,” but that the company would focus its efforts on other opportunities to enhance shareholder value.— Lisa Kailai HanStock futures open lowerStock futures slipped Monday night.Dow futures slid around 0.3% shortly after 6 p.m. ET. S&P 500 futures and Nasdaq 100 futures respectively shed 0.2% and 0.3%.— Lisa Kailai Han16:T1433,A day without major tariff developments from U.S. President Donald Trump’s administration is, for markets, a period of cautious optimism (or at least what passes as “optimism” in such unusual times). There was breathing room on Monday for markets to make tentative moves upward, especially after the news out late Friday of a last-minute exception for electronics from so-called reciprocal tariffs. White House officials are still making their rounds on major news channels to preach the sense of Trump’s economic policy. The latest to do so is National Economic Council Director Kevin Hassett, who, on Fox Business, said Monday the country would “100% not” fall into a recession this year.Consumers don’t share that faith. A Federal Reserve survey, conducted in March and released on Monday, is the latest in a series of consumer polls that show sentiment over the economy slumping. Any gains in the market, then, could last only as far as tariff don’t run further amok and cause economic damage, despite White House officials’ attempts to reassure on the latter front.What you need to know todayMarkets across the globe riseU.S. stocks rose Monday, aided by a slight recovery in tech names on news of a tariff exemption for electronic goods. The S&P 500 added 0.79%, the Dow Jones Industrial Average climbed 0.78% and the Nasdaq Composite advanced 0.64%. Asia-Pacific markets were mostly positive Tuesday. India’s Nifty 50 popped more than 2% at its open. Market watchers are awaiting the country’s March inflation figures, out later today. China’s CSI 300 fell around 0.3% amid UBS downgrading its forecast of the country’s 2025 economic growth.Hassett says no chance of recessionU.S. National Economic Council Director Kevin Hassett said Monday that “more than 10” countries had made “very good, amazing” trade deal offers to the U.S. He also said that there was no chance at all that the U.S. will experience a recession in 2025. A Federal Reserve Bank of New York survey released the same day — but conducted before April 2 — showed consumer worries in March growing over inflation, unemployment and the stock market.Volatility from zero-day optionsZero-day-to-expiration options are partly to blame for the wild swings in the stock market recently. Zero-day options, which are contracts that expire the same day they’re traded, have surged 23% in trading volume from the start of the year to April, according to JPMorgan data. “We find that 0DTE (+1DTE) have been instrumental in driving more intraday volatility, Maxwell Grinacoff, UBS‘ head of U.S. equity derivatives research, said in a note.Nvidia to build supercomputer in U.S.Nvidia said Monday it plans to produce up to $500 billion of artificial intelligence infrastructure in the U.S. via its manufacturing partnerships over the next four years. Its Blackwell AI chips have started production in Phoenix at Taiwan Semiconductor plants, the chipmaker wrote in a blog post. Nvidia is also building manufacturing plants in Texas to produce AI super computers — the first time Nvidia will make one entirely in the U.S.Semiconductor support package amid probeSouth Korea on Tuesday announced a support package of 33 trillion won ($23.25 billion) for its semiconductor industry. That amount is about a quarter more than the 26 trillion won committed last year, according to a press release from the finance ministry, possibly in response to U.S. trade policy. The U.S. Commerce Department is conducting a national security investigation into imports of semiconductor technology and related downstream products, according to a Federal Register notice put online Monday. [PRO] ‘Prepare to be fooled’ on tariffs: Morgan StanleyDespite recent concessions on tariffs by Trump, Morgan Stanley cautioned investors not to let their guard down. “Investors should prepare to be fooled many more times,” the firm’s strategists led by Matthew Hornbach said in a note to clients titled “Fool Me Once, Shame On You. Fool Me Twice, Shame On Me.”And finally...Feature China | Future Publishing | Getty ImagesA worker rests in a factory making steel bike rims for export to the U.S. in Hangzhou in east China’s Zhejiang province Friday, April 11, 2025. Trump tariffs won’t lead supply chains back to U.S. — companies will go low-tariff globe-hopping: CNBC surveyIf China is going to lose some manufacturing as a result of Trump’s tariffs, the U.S. manufacturing sector won’t be the main beneficiary, according to a new CNBC Supply Chain Survey. The Trump administration says a reshoring boom is coming, but most companies tell CNBC that the costs could as much as double to bring supply chains back and instead a new search for low-tariff regimes around the world will commence.Nearly three-quarters of those surveyed (74%) said cost was the top reason for saying they would not be reshoring production, followed by the challenge of finding skilled labor (21%). The Trump administration has promised tax cuts for companies that bring back manufacturing, but the survey found taxes lower in the ranking of costs that impact manufacturing site decision making.17:Tcbf,NYPD Launches Quality Of Life Division To Clean Up New York City Authored by Oliver Mantyk via The Epoch Times,A new quality of life division within the New York City Police Department (NYPD) will begin its pilot program on April 14. The division will respond to non-emergency calls and community complaints, as well as focusing on clearing low level crime from New York City streets.The “Q Team,” as NYPD Commissioner Jessica Tisch calls the division, will respond to 311 calls and non-emergency issues including noise complaints, illegal mopeds, homeless encampments, outdoor drug use, and other issues.“We’re turning our attention toward the issues that New Yorkers see and feel every day—the things that don’t always make headlines but deeply impact how people live,” Tisch said at a press conference on April 10.Officers from existing community roles such as neighborhood coordination officers and traffic officers will be combined with officers specially trained for the non-emergency calls. New York City Mayor Eric Adams said that Q Teams “will be made up of officers who have already forged relationships with their communities.”Tisch said Q Team officer training will include: “[How to deal] with noise complaints, how you use noise meters with abandoned vehicles, how you work with ... vendors to get the cars removed, what sorts of paperwork you have to fill out.”Q Teams in different areas will be trained according to that area’s needs, she said. Some precincts have drug abuse problems, while others have abandoned vehicle issues.There will be no extra cost on taxpayers for the the Quality of Life Division—personnel will be sourced from internal restructuring of the NYPD, Tisch said. She said thousands of officers on desk jobs had been back on patrol to alleviate the police shortage.During the pilot phase, Q Teams will operate in the 13th, 40th, 60th, 75th, and 101st police precincts, along with Police Service Area 1. The initiative will be refined and tweaked over the next two months, and then expanded to other precincts, Tisch said.Q Teams will use data provided by a new program called QSTAT, which is modeled after the CompStat program.The NYPD launched CompStat in 1994 and the system uses real-time crime data to determine deployment of officers. It has since been put into use by other police departments, including in Nashville and Syracuse, New York.“New York City revolutionized under Bill Bratton, the former commissioner of the role of CompStat more than 30 years ago, holding precinct commanders accountable and using real time data to adjust police deployment,” Adams said at the press conference.“This tried-and-true method has spread and is being tried all over the globe. And we are going to use the same recipe for success this time to address quality-of-life issues.”Adams said New York City has recorded a continuous six-month fall in major crimes.“The first three months of the year [we] saw the lowest number of shootings in recorded history,” Adams said, likely referring to 1994 when the Compstat method of reporting began. Despite this, Adams said that people don’t feel safe. He said he hopes the Q Team is a solution to better streets. Tyler DurdenMon, 04/14/2025 - 22:3518:T836,BOSTON, April 14, 2025 (GLOBE NEWSWIRE) -- Cue Biopharma, Inc. (NASDAQ:CUE), a clinical-stage biopharmaceutical company developing a novel class of therapeutic biologics to selectively engage and modulate disease-specific T cells for the treatment of cancer and autoimmune disease, today announced the pricing of an underwritten public offering of (i) 13,530,780 shares of its common stock and accompanying common stock warrants to purchase an aggregate of 3,382,695 shares of common stock and, (ii) to certain investors in lieu of common stock, pre-funded warrants to purchase 11,469,216 shares of common stock and accompanying common stock warrants to purchase an aggregate of 2,867,304 shares of common stock. Each share of common stock and accompanying common stock warrant are being sold together at a combined public offering price of $0.79, and each pre-funded warrant and accompanying common stock warrant are being sold together at a combined public offering price of $0.789. The aggregate gross proceeds of the offering are expected to be approximately $20 million, before deducting underwriting discounts and commissions and other offering expenses. Each pre-funded warrant will have an exercise price of $0.001 per share, will be exercisable immediately and will be exercisable until all of the pre-funded warrants are exercised in full. Each common stock warrant will have an exercise price of $0.79 per share, will be exercisable immediately and will expire five years from the date of issuance. The offering is expected to close on or about April 16, 2025, subject to satisfaction of customary closing conditions. All of the securities are being offered by Cue Biopharma.Oppenheimer & Co. Inc. is acting as sole book-running manager for the offering. Newbridge Securities Corporation is acting as co-manager for the offering.A shelf registration statement on Form S-3 (File No. 333-271786) relating to the securities to be offered in the public offering was filed with the Securities and Exchange Commission (the "SEC") on May 9, 2023 and declared ...Full story available on Benzinga.com19:Tfc0,Meta's Monopoly Trial Kicks Off: Here's What To Know Authored by Joseph Lord via The Epoch Times,The fate of social media giant Meta, billionaire Mark Zuckerberg’s primary company, is on the line as a trial begins in Washington on Monday to determine whether the tech giant is violating antitrust laws.The Federal Trade Commission, which has spent the past six years investigating Meta, is expected to argue before U.S. District Judge James Boasberg that Meta’s acquisitions of Instagram and WhatsApp created an illegal monopoly over social networking.In the worst-case scenario for Meta, the company could be forced to divest both subsidiaries in a breakup on a scale not seen since the dismantling of AT&T’s telephone empire more than 40 years ago.Here’s what to know about the most important trial in Meta’s history.TrialThe case is being held at the E. Barrett Prettyman U.S. Courthouse, just a few hundred yards from the U.S. Capitol.It’s a bench trial, meaning Boasberg alone will decide the outcome, not a jury. That gives the judge extraordinary influence over the future of one of the most powerful companies in the world.FTC ClaimsThe Federal Trade Commission (FTC) investigation into the company began during President Donald Trump’s first term and was aggressively pursued under President Joe Biden.The FTC has taken issue with the company’s 2012 purchase of the image-based app Instagram and 2014 purchase of WhatsApp, a messaging platform that’s particularly popular outside of the United States.During the trial, the FTC is expected to argue that Meta’s purchase of the two platforms was part of a calculated effort to “buy or bury” any potential rivals to Facebook.In a 2008 email presented by the FTC in a past federal court filing, Zuckerberg wrote, “It is better to buy than compete.”FTC Chairman Andrew Ferguson has said that his agency is “raring to go” against Meta but also that he’ll follow lawful orders from the president to close the case.Meta’s ResponseMeta has consistently denied the allegations of operating an illegal monopoly and has argued that the FTC’s case is both outdated and out of step with current market realities.A spokesperson for Meta said in a statement to The Epoch Times that the acquisitions were approved by regulators at the time and that the company has always operated competitively. He cited the presence of competitors such as TikTok, YouTube, X, iMessage, and others.The spokesperson said the lawsuit “defies reality” and that it would send a message that “no deal is ever truly final” if Boasberg sides with the FTC.The company has also suggested that dismantling its integrated platforms would harm users, who’ve come to rely on interconnected services and shared back-end systems.Since Trump was elected to a second term, Zuckerberg has visited Mar-a-Lago, ended the company’s controversial fact-checking efforts, rolled back diversity and inclusion programs, and staffed the company with GOP-friendly executives.The Epoch Times reached out to FTC for further comment but did not receive a response by publication time.‘Creaking Antitrust Precedents’Boasberg has heard years of pretrial motions in this case and has made clear he isn’t fully sold on the government’s argument.He threw out the FTC’s original filing in 2021, citing a lack of clear market definitions. While he allowed the revised case to proceed, he’s continued to express skepticism, warning in recent months that the FTC’s claims “strain this country’s creaking antitrust precedents.”Antitrust statutory law and litigation are among the most labyrinthine areas of the federal code.Boasberg has given both sides a chance to make their case in court. Witness lists include Zuckerberg himself, former Chief Operating Officer Sheryl Sandberg, and executives from rival platforms such as TikTok and Snapchat.The trial is expected to last through the summer, with a decision potentially arriving by July. Tyler DurdenMon, 04/14/2025 - 10:451a:T847,What $1 Million Can Buy In Prime Real Estate Around The World Across global luxury property markets, $1 million doesn’t go as far as it used to.In Dubai, for instance, a $1 million dollar property in 2020 is worth $2.7 million today. Meanwhile, in Miami, it would be worth $1.9 million. However, in some markets, cracks are beginning to show amid higher rates and frothy valuations spurred by the pandemic.This graphic, via Visual Capitalist's Dorthy Neufeld, shows what $1 million can buy in prime real estate across 20 markets worldwide, based on data from Knight Frank.Luxury Properties Are Getting PricierBelow, we show the square footage that $1 million covers across luxury real estate markets, defined as the top 5% of residential listings as of 2024:As we can see, $1 million covers just 205 square feet in Monaco, with an average new build costing a staggering $39 million in 2024.Monaco’s appeal for the ultra-rich largely stems from its tax-haven status as it has no income tax, inheritance tax, or capital gains tax. Additionally, the scarcity of land met with high demand contributes to high property values.Despite economic challenges, Hong Kong ranks as the second-most expensive luxury market. While many properties of Chinese real estate tycoons have sold at a sharp discount since the collapse of China Evergrande, it still commands top dollar for the most exclusive residences. Overall, buying power has moderately decreased compared to 2014 levels.On the other hand, buying power has risen notably in London due to a falling pound against the dollar and a property market correction. Over the last decade, it has increased by 43%, the biggest jump across cities analyzed.In many ways, this bucks the trend of a majority of prime real estate markets globally. In particular, Dubai has seen buying power drop 59% since 2014, followed by Miami (-54%) Lisbon (-51%), and Shanghai (-47%) amid robust demand and rising affluence.To learn more about this topic from a real estate perspective, check out this graphic on the world’s least affordable housing markets. Tyler DurdenSun, 04/13/2025 - 22:351b:T49f,Apple Inc. (NASDAQ:AAPL) may have avoided the worst of Donald Trump's new reciprocal tariffs—for now—but top analyst Ming-Chi Kuo warns that the company's supply chain could still face major disruptions in the months ahead.What Happened: Apple has temporarily dodged steep tariffs on Chinese-made electronics, including iPhones, iPads, Macs, Apple Watches, and AirTags, following an exemption granted by Trump late Friday.However, TF International Securities analyst Kuo says this relief may be short-lived, and Apple's response could create new challenges.In a post on X, Kuo noted that Apple began stockpiling U.S.-bound iPhones after the Lunar New Year, which fell in late January, building up more than two months of inventory in anticipation of trade volatility.See Also: Netflix Debuts OpenAI-Backed Search Engine That Lets You Discover Movies And TV Shows Based On Emotions, Not Just TitlesWhile this move helps protect second-quarter sales, he warned it may lead to "a sharper disruption to the supply chain during the model transition compared to prior years."He went on to add that production lines in China that assemble iPhones ...Full story available on Benzinga.com1c:T13aa,On late Friday, the Trump administration welcomed the weekend in the best way: by announcing that electronics — such as smartphones, computers and semiconductors — will be temporarily exempted from his so-called “reciprocal” tariffs, including the baseline 10% rate on all countries.That means such products imported from China will apparently not be subjected to the 125% tariff U.S. President Donald Trump slapped on Beijing (a 20% tariff will remain). Apple CEO Tim Cook must be heaving a sigh of relief: The Cupertino-based company manufactures around 80% of iPads and more than half of Mac computers in China, according to an estimate from Evercore ISI.The news is also a relief for consumers, who desperately need an uplift in mood, based on the findings of the University of Michigan’s latest survey. After all, it’s not just corporations and importers that are affected by tariffs. Laptop prices have already shot up, according to disgruntled comments on Reddit. The Nintendo Switch 2 preorder was postponed.Perhaps even Trump is keeping in mind the famous Wall Street adage: Don’t bet against the U.S. consumer.What you need to know todayTech exempted from tariffs U.S. President Donald Trump exempted smartphones, computers, and other tech devices and components from his reciprocal tariffs, according to guidance issued by the U.S. Customs and Border Protection late Friday evening. However, Trump and his aides on Sunday suggested those exemptions would be partially or completely reversed in coming weeks, adding to the confusion over abrupt policy changes.U.S. markets rise amid a volatile weekU.S. stocks climbed Friday to end the week on a positive note despite heavy market turbulence caused by the Trump administration’s tariffs. For the week, the S&P 500 rose 5.7%, the Dow Jones Industrial Average gained nearly 5% and the Nasdaq Composite jumped 7.3%. Asia-Pacific markets rose Monday. Hong Kong’s Hang Seng Index popped over 2%, leading gains in the region. Japan’s Nikkei 225 added more than 1.6%.Consumers in the U.S. are really downcastConsumer sentiment in April sank further, according to the University of Michigan‘s survey. It posted a mid-month reading of 50.8 — the lowest since June 2022 and the second lowest in the survey’s history going back to 1952 — below the Dow Jones consensus estimate for 54.6. At the same time, respondents’ expectation for inflation a year from now leaped to 6.7%, the highest level since November 1981 and up from 5% in March.‘Very close’ to a recessionBlackRock CEO Larry Fink on Friday told CNBC that he thinks “we’re very close, if not in, a recession now.” However, Fink said he did not think the U.S. was in a financial crisis and expects “megatrends” like artificial intelligence would persist. Bridgewater founder Ray Dalio raised similar alarm bells Sunday, saying the country is “very close to a recession” — but he’s “worried about something worse than a recession” if the situation isn’t handled well.Exports from China soarChina’s exports jumped 12.4% in March from a year ago, in U.S. dollar terms, according to data released by its customs authority Monday. That significantly beats Reuters’ poll estimates of a 4.4% growth and is the biggest increase since October last year. Imports fell 4.3% in March from a year earlier, more than economists’ expectations of a 2% decline.Singapore downgrades growth forecastThe Monetary Authority of Singapore on Monday eased its monetary policy for the second time in a row. The central bank also announced a 3.8% year-over-year expansion in Singapore’s economy for the first quarter, missing the Reuters poll estimate of 4.3% growth. The country’s Ministry of Trade and Industry cut its gross domestic product forecast to 0%-2% for 2025, down from its previous outlook of 1%-3%.[PRO] What would Buffett do?Warren Buffett began 2025 with the most cash he’s ever had on hand. CNBC Pro’s Yun Li looks at the methods by which the “Oracle of Omaha” has handled past market crises to get a glimpse into how he might navigate the current market meltdown — an environment in which he’s known to thrive.And finally...Dado Ruvic | ReutersChina urges Trump to correct mistakes and heed ‘rational voices’ on reciprocal tariffsChina’s Commerce Ministry called the U.S. tariff exemptions a “small step” and urged U.S. President Donald Trump to “completely abolish” the reciprocal tariffs, which include a 145% duty on imports from China.“We urge the U.S. to heed the rational voices of the international community and domestic parties, take a big stride in correcting its mistakes, completely abolish the wrongful action of ‘reciprocal tariffs,'” the ministry said in an online statement, according to a CNBC translation.The recent exemptions of tariffs on imports of tech products are being presented domestically as Trump is backing down and further evidence that Chinese supply chains are not easily replaceable by U.S. companies.1d:T1284,This is CNBC’s live blog covering European markets.European stock markets are set to soar at Monday’s open, as investors parse news on a U.S. tariff exemption for some tech items while earnings season kicks into gear.U.S. President Donald Trump’s extreme and fast-changing tariff policy has led to one of the most volatile periods on record for global equities. After a strong start to the year in which it had been outperforming U.S. markets, the pan-European Stoxx 600 index is down 8.83% in April so far, while Wall Street’s S&P 500 has lost 4.43%.In fresh developments over the weekend, smartphones, computers, and other electronic devices and components were exempted from the U.S. duties — though only temporarily, according to officials. U.S. Customs and Border Protection guidance indicates 20 product categories are exempt from the 125% tariff newly-imposed by Trump on Chinese imports and the 10% baseline tariff on imports from other countries, while a 20% tariff on all Chinese goods remains in effect.Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, according to NBC News.Key questions for markets remain over exactly how long Trump’s pause on his full “reciprocal tariff” plan will last, and how various countries will seek to or be able to negotiate without resorting to their own retaliatory action. The European Union last week paused its own countertariffs for 90 days in order to engage in talks.Currency and bond markets have also been swept up in the action, with the euro climbing to its highest level against the U.S. dollar for more than three years and the yield on the U.S. 10-year Treasury jumping from 3.99% at the start of the week to 4.49% by Friday.Meanwhile, investors must also contend with the start of first-quarter earnings season this week, with companies now facing a hugely uncertain trade environment. In Europe, luxury giant LVMH will report after the market close. Stateside, investment bank Goldman Sachs will report.It is relatively quiet on the data front, but inflation figures will be released in the coming days ahead of the European Central Bank’s April meeting on Thursday.Asia-Pacific markets gained on Monday, as U.S. stock futures rose.Goldman Sachs lowers oil forecast for 2025 and 2026Goldman Sachs forecasts a decline in oil prices this and next year on the back of the rising risk of a recession and higher supply from the OPEC+ group.The investment bank expects the Brent Crude to edge down to $63 a barrel through the end of this year and $58 next year. Meanwhile, it expects the West Texas Intermediate to average at around $59 a barrel for the rest of this year and $55 in 2026.Oil prices fell Monday on the back of uncertainties on the rollout of U.S. President Donald Trump’s tariff rollout.Brent Crude fell 0.37% to trade at $64.52 per barrel as of 11.35 a.m. Singapore time, while WTI dropped 0.39% to $61.26.— Amala BalakrishnerAsian tech giants climb after Trump’s pause on consumer electronics tariffsTechnology stocks in Asia-Pacific climbed Monday after U.S. President Donald Trump paused tariffs on phones, computers and consumer electronics.Taiwan’s Hon Hai Precision Industry – which assembles iPhones for Apple – was up 4.46% as at 10 a.m. Singapore time.Over in Japan, gains were led by Nvidia supplier Advantest Corp, which added 3.89%, and SoftBank Group, which was up 2.29%.Meanwhile, South Korean parts maker LG Innotek, which gets a substantial chunk of its revenue from Apple, was last seen up 7.26%.Over in Hong Kong, the best performers were Nio which surged 6.33%, Alibaba which gained 5.73% and Xpeng which advanced 5.6%.— Amala BalakrishnerThere’s still ‘mass uncertainty’ despite Trump tariff exemption being ‘right move,’ according to Dan IvesWhile the Trump administration’s move to exempt smartphones, computers and semiconductors, among other electronic devices and components, from “reciprocal” tariffs may have been a win for Big Tech, the market could still be facing “mass uncertainty” around the president’s tariff policy, says Wedbush analyst Dan Ives.“The White House made the right move in our view as tech leaders and the overall tech industry knew that if these tariffs went into effect it would essentially be a shut off valve for getting products to the US consumers,” Ives wrote in a note dated Sunday.“[B]ut still there is mass uncertainty, chaos, and confusion about the next steps ahead with all focus on China tariff negotiations being front and center and any progress on this game of high stakes poker between Beijing and DC being crucial to the markets and the economy this week,” he continued.— Sean Conlon1e:T423,Former Treasury Secretary Larry Summers called Trump tariffs the biggest shock for middle-class families he'd seen since the 1970s.What Happened: Debating conservative political commentator Oren Cass on CNN’s Fareed Zakaria GPS on Sunday, the former Chief Economist at the World Bank and Secretary of The Treasury in the Clinton administration started by calling the Trump administration’s tariff programs “completely ill-conceived” for its objectives.He disputed his opponent’s claims that manufacturing jobs accounted for 8% of total employment, stating that only about 4% were actually involved in production, calling it a “very small and dwindling share” of the country’s workforce.Summers cites the example of the steel industry, which is now subject to 25% tariffs on imports, stating that there are “50 times more workers in industries that use steel, than those who work in the steel industry,” and these industries are now less competitive as a result of the tariffs and the “higher input ...Full story available on Benzinga.com1f:T121e,You Can't LNG Your Way Out Of A Trade Deficit Authored by Tsvetana Paraskova via OilPrice.cm,Some traditional U.S. energy buyers, such as Japan, South Korea, and the EU, have signaled that they may be willing to buy more American oil, LNG, or coal.Higher energy imports from the trade partners could dent some of the U.S. trade deficits, but they will by no means fix or erase these.Commitments and contracts to buy more U.S. energy will not necessarily spare any buyer from tariffs.U.S. President Donald Trump insists that American buyers boost purchases of U.S. energy goods to reduce their large trade surpluses with America.Some traditional U.S. energy buyers, such as Japan, South Korea, and the EU, have signaled that they may be willing to buy more American oil, LNG, or coal to appease the President who has fixated on fixing the massive trade deficits America runs with most countries.Higher energy imports from the trade partners could dent some of the U.S. trade deficits, but they will by no means fix or erase these.For most countries, energy is the only viable increase in imports from the United States. Japan, South Korea, and the EU, for example, have expressed readiness to boost their LNG or oil imports from America.They did so immediately after President Trump’s inauguration. Nonetheless, tariffs followed. They are now paused, but the threat of more rounds of tariffs across the board is still very much present—just look at the whiplash trading and carnage on Wall Street.Even if buyers commit to significantly boosting their imports of U.S. oil and gas, the deficits will remain. On the other hand, U.S. exporters cannot provide the energy commodities needed to significantly reduce America’s trade deficits.A case in point is President Trump’s idea that the European Union should pledge to buy $350 billion worth of energy from the United States if it wants tariff relief.The European Union is ready to commit to buying more liquefied natural gas from the United States if that would appease President Trump and make him reconsider tariffs, the EU’s energy commissioner Dan Jørgensen said this week.However, $350 billion worth of LNG is roughly equal to some 40 million tons of the super-chilled fuel. That’s more than half of the EU’s total LNG imports last year of some 75 million tons, much of which came from America anyway, per the bloc’s statistics agency, Eurostat.Commitments and contracts to buy more U.S. energy will not necessarily spare any buyer from tariffs. Taiwan, traditionally strongly supported by the U.S. in its quest to shake off Chinese influence and continue to be a democracy, saw this firsthand.Taiwan was slapped with a 32% tariff, which has been halted for 90 days, although it had just made some big commitments to invest in the U.S., including in U.S. energy projects. Last month, Taiwan’s state-held oil and gas company CPC Corporation signed a letter of intent to invest in the $44-billion Alaska LNG export project and buy LNG from it as part of a move to bolster its gas supply and energy security.Unfortunately for Taiwan, in any negotiations with deficit-fixated President Trump, the value of its exports to the U.S. – predominantly semiconductors – vastly outstrips the value of the goods it imports from America.Taiwan wasn’t spared from one of the highest now-suspended tariffs despite being the only early committed investor in the huge Alaska LNG project, while Japan and South Korea are hesitating.This doesn’t give much assurance to other energy buyers that their commitments would satisfy President Trump.And even if Japan, for example, were to dramatically raise its oil exports from the U.S. to account for 10% of all its crude imports, up from 1.6% last year at WTI at $60 per barrel, the volumes would be worth about $4.8 billion, Reuters columnist Clyde Russell estimates. But Japan’s trade surplus with the U.S. was more than 14 times higher than this—at $68 billion in 2024, he notes.Moreover, Japan already imports U.S. LNG, representing nearly 10% of all its LNG purchases. It isn't easy to increase this amount due to Japan’s long-term supply deals with other LNG exporters and the simple logistics and availability of U.S. LNG exports.U.S. trade partners will now look to negotiate their way out of hefty tariffs during the 90-day pause. They can only hope for reasonable talks and deals, and that the U.S. and the world will avoid recession in the escalating U.S.-China trade war that could crush global energy demand and the U.S. ability to sustain its oil production at current levels. Tyler DurdenSun, 04/13/2025 - 10:3020:T880,How Reliant Are Foreign Automakers On US Buyers? With global automakers facing uncertainty from U.S. auto tariffs, the importance of American car buyers has never been clearer. For many automakers, the U.S. is a key market responsible for over one quarter of revenue.In this graphic, Visual Capitalist's Marcus Lu, visualizes how reliant foreign automakers are on U.S. buyers, based on analysis from the Wall Street Journal.The data we used to create this graphic is listed in the table below.Please note that April-December 2024 data was used for Toyota, Honda, and Nissan. North American data was used for VW, Audi, Porsche, and Hyundai.Based on this dataset, Honda has the highest reliance on U.S. buyers. In 2023, the Japanese automaker saw its U.S. sales surge by 33%.Honda has committed over $1 billion to retool its Ohio manufacturing plants to be able to produce gasoline, hybrid, and EV models all on the same production line.Additionally, in partnership with LG Energy Solution, Honda is investing $4.4 billion in a new battery production facility in Ohio.A Background on U.S. Auto TariffsAccording to S&P Global Mobility, almost half of new vehicles sold in the U.S. in 2024 were assembled outside of the country.The top five countries ranked by their value of U.S. vehicle imports are:Mexico ($78.5B)Japan ($39.7B)South Korea ($36.6B)Canada ($31.2B)Germany ($24.8B)Trump’s auto tariffs are intended to coerce automakers into moving their production to the U.S., though this is difficult in practice due to the complexity and globalization of modern supply chains.Automakers often rely on a vast network of international suppliers for parts and materials, and relocating entire production lines can take years and require massive capital investment.One automotive executive, speaking anonymously with CNN, stated that it takes at least three years for brand new automotive capacity to be constructed. By that time, a new administration could be in power, and the rules could change again.If you’re enjoying our content, check out The Best Selling Vehicle in Every State in 2024 on Voronoi, the new app from Visual Capitalist. Tyler DurdenSat, 04/12/2025 - 22:4521:Tf1f,Critical Mineral Cooperation With Pakistan Carries With It Five Strategic Risks For The US Authored by Andrew Korybko via substack,The US sent one of its top diplomats for South Asia to attend the Pakistan Minerals Investment Forum in Islamabad last week, during which time he conveyed the Trump Administration’s interest in critical mineral cooperation with Pakistan and met with senior political and military officials to discuss this. These resources are integral to the “Fourth Industrial Revolution” and that’s why the US is negotiating such partnerships across the world with countries as varied as Ukraine, the Congo, and now Pakistan.Each of these three entail strategic risks, but it’s only the last one that will be discussed in this analysis. To begin with, the bulk of Pakistan’s mineral resources are located in its Khyber Pakhtunkhwa and Balochistan provinces, which are respectively suffering terrorist insurgencies waged by the Tehrik-i-Taliban Pakistan (TTP) and Balochistan Liberation Army (BLA). The former is fighting to impose a radical Islamic dictatorship, the latter wants independence, and both are designated by the US as terrorists.Accordingly, the first strategic risk that critical mineral cooperation with Pakistan entails is that these groups target American companies and nationals in these two regions. This is a plausible scenario since the BLA in particular is infamous for targeting Chinese workers, who they accuse of extracting their region’s wealth. As for the TTP, it’s waging war against the partially US-armed Pakistani state. Both groups are therefore expected to consider American companies and nationals to be legitimate targets.The second strategic risk builds upon the first and relates to the US being convinced by Pakistan that the aforesaid threats to its mining companies could be mitigated through preferential arms deals. The Trump Administration would do well to think twice about that though since Pakistan’s much more significant arms relationship with China hasn’t made its workers any safer and perceived American favoritism of Pakistan by India could complicate their ties upon which a lot of the US’ “Pivot (back) to Asia” depends.Segueing into the third strategic risk, Pakistan might be offering the US critical mineral cooperation at this time not only to cause trouble in Indo-US ties, but also to relieve reported pressure upon its ruling military establishment by the America First faction. They believe that civilian-led democratic rule would facilitate the main anti-Chinese goal of the US’ “Pivot (back) to Asia” as explained here so the ruling military establishment that stands to lose from this might be trying to buy them off with a mineral deal.The fourth strategic risk is that Pakistan doesn’t comply with whatever strings the US might attach to a mineral deal in exchange for relieving pressure upon its military rulers. For instance, they might agree to distance Pakistan in some way from China, logistically facilitate mineral exports from Afghanistan if the US clinches a similar such deal there, and/or allow CIA drone bases for spying on and threatening Iran. It’s possible that these would just be false promises to secure a deal and enrich corrupt military officials.And finally, the last strategic risk is that the US gets embroiled in another “War on Terror” if “mission creep” leads to it fighting the TTP and BLA with Pakistan in order to secure its mineral investments. The “sunk-cost fallacy” could also play a role in these calculations too. Coupled with potential complications in Indo-US ties and the derailing of the US’ “Pivot (back) to Asia”, the strategic costs of critical mineral cooperation with Pakistan could far outweigh the expected benefits, thus making it a poisoned chalice. Tyler DurdenSat, 04/12/2025 - 22:1022:Td93,Judge Orders Trump Admin To Unfreeze Funds Withheld From Maine Over Transgender Athletes A U.S. District Court in Maine issued a ruling April 11 ordering the federal government to release funding to Maine that was frozen over the state’s decision to disregard an executive order and allow transgender athletes in women’s sports.Conflict between the state and federal government began after President Donald Trump issued the order titled “Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government” on his first day back in the White House for a second term.The Epoch Times' Travis Gillmore reports that in a 70-page ruling, Judge John A. Woodcock Jr. ordered the Department of Agriculture and its secretary, Brooke Rollins, to “immediately unfreeze” any money held back because the state chose not to follow the president’s executive action.Agencies are also barred from withholding future funding on similar grounds.Meanwhile, the court distanced itself from the debate over transgender athletes.“In ruling on the state’s request, the court is not weighing in on the merits of the controversy about transgender athletes that forms the backdrop of the impasse between the state and the federal defendants,” Woodcock wrote in his decision.He went on to explain that the decision was based on the Agriculture Department’s failure to follow regulatory protocols when withholding the funding.“In fact, the federal defendants have not argued in this case that the relevant federal laws and regulations for terminating federal funding of state programs do not apply to this situation, nor do they claim that they complied with the applicable federal law in the events resulting in this litigation.”The Trump administration argued that the court did not have proper jurisdiction to hear the case, and that Maine did not “allege irreparable harm.”Tensions boiled over during a February meeting with governors at the White House, when Trump and Maine Gov. Janet Mills sparred over the issue in a heated back-and-forth.When Maine opted not to prohibit transgender athletes from competing against women, Rollins sent a letter April 2 to Mills alerting her that the Agriculture Department was “freezing Maine’s federal funds for certain administrative and technological functions in schools,” according to the court ruling.In its lawsuit filed on April 7, Maine said it was unable to access approximately $3 million.The state told the court the money was used for programs that helped provide meals to schools, childcare facilities, and disabled adults.In Rollins’s April 2 letter to Mills saying the funds had been frozen, the agriculture secretary said the pause “does not impact federal feeding programs or direct assistance to Mainers; if a child was fed today, they will be fed tomorrow.”State officials celebrated the ruling and said it would help protect nutritional programs meant to benefit at-risk populations.“This temporary restraining order confirms the Trump administration did not follow the rule of law when it cut program funds that go to feed schoolchildren and vulnerable adults,” Maine Attorney General Aaron Frey said in a statement. “This order preserves Maine’s access to certain congressionally appropriated funds by prohibiting an unlawful freeze by the administration.”The Epoch Times reached out to the White House for comment. Tyler DurdenSat, 04/12/2025 - 21:3523:T1a4c,Man With CZ Scorpion Charged With Pistol Brace Ownership, May Set Dangerous Precedent Submitted by Gun Owners of America,The Department of Justice is currently pursuing criminal charges in the U.S. District Court for the District of Columbia, for possession of a handgun equipped with a pistol stabilizing brace, in the case U.S. v. Taranto.In response, Gun Owners of America and our friends at the Firearms Regulatory Accountability Coalition (FRAC) are urging the Department of Justice to drop that charge, which sets a dangerous precedent for the millions of Americans who possess up to 40 million such firearms.In 2021, the Biden Administration tasked the ATF with targeting and cracking down on firearms equipped with accessories known as "pistol braces." These accessories were originally designed to allow disabled gun owners to "brace" a handgun against their forearm, aiding in shooting longer and heavier firearms with one hand. For years, ATF approved the devices for use on pistols of all kinds, and promised that the mere attachment of such accessories to handguns did not transform them into short-barreled rifles. That was until the Biden Administration decided to target pistol braces for elimination at the behest of anti-gun billionaire donors. According to a study from the Congressional Research Service, up to 40 million of these firearms are in private ownership throughout the country. But that wasn't going to stop Biden's Department of Justice and ATF from working to make owners of these pistol-brace-equipped firearms into felons with the stroke of a pen.To do this, ATF decided to reclassify virtually all pistols with stabilizing braces as "short-barreled rifles" falling under the regulation of the 1934 National Firearms Act and requiring registration. Failing to comply with ATF's reclassification and registration scheme could have landed gun owners in prison for ten years in addition to a $250,000 fine. But thanks to numerous lawsuits from groups like Gun Owners of America, FRAC, and others, Biden's pistol brace rule is currently enjoined by numerous courts and even vacated by one. Translation from legalese? Biden's rule is no longer in effect, and ATF has been ordered not to enforce it.But this hasn't stopped anti-gun bureaucrats at ATF from attempting to continue to enforce the underlying legal theories that inspired the rule in the first place. And now, we have our first example of this in the case U.S. v. Taranto. Anti-gun holdovers from the Biden Administration in the DOJ & ATF know that charging an innocent gun owner with NFA violations for a pistol brace, and nothing more, is not going to stand up, so they had to find a case where someone committed other offenses serious enough that the additional charge for violating the NFA could create a successful precedent, but wouldn't be the centerpiece of the case. And that's precisely what they found in U.S. v. Taranto. But before we get into the details of the case, let me just point out that GOA & FRAC's interest in this case is the NFA charge for possessing a pistol-braced handgun, nothing else. We state this clearly in our letter when we say: "We express no opinion on any of the other unrelated charges levied against Mr. Taranto."This is because Taranto's case stems from an incident on June 28, 2023, where Taranto was stopped by the Secret Service and FBI in Washington DC and charged with the possession of a firearm, and magazines. But in the hours leading up to his arrest, Taranto had engaged in what charging documents describe as "erratic" behavior, was livestreaming himself and, according to charging documents, "suggested that he had outfitted his vehicle with a detonator."He then drove his car into DC, specifically into the Kalorama neighborhood, and into an area monitored by the Secret Service, because of its proximity to important government figures. When the Secret Service approached him, he fled into the woods—the officers gave chase.And eventually, when the Secret Service arrested him, and conducted a search of his vehicle, they found a CZ Scorpion pistol equipped with a brace, and more.Taranto was charged with numerous offenses but, interestingly, according to his inditement, Taranto's pistol is charged as both a handgun, in violation of Washington DC's licensing provisions, and also a short-barreled rifle, in violation of the National Firearms Act.How can a firearm be both a rifle and a handgun at the same time?The answer is, of course, that it isn't, and the DOJ's internally conflicting position shows that the government is using the NFA charge for a sinister reason and may be a sign of a larger problem.In a brief filed by the DOJ lawyers opposing Taranto's motion to dismiss, the U.S. Attorneys had this to say:"ATF is not barred from continuing to enforce the underlying statute as it always has: by making case-by-case determinations about whether particular braced firearms constitute "rifles" under the statute. And of course, because the rule reflects ATF's best understanding of the statute, those determinations will naturally tend to look substantially like the determinations that would follow from applying the clear framework outlined in the rule."Translation? Even though ATF is currently barred from enforcing the pistol brace rule, it claims that nothing stops it from enforcing the statute—using, of course, the same legal theories on which the rule is based. If this sort of logic -- that appeals only to bureaucrats -- makes your eyes burn, you're not alone.This is undoubtedly a bad sign for the direction of ATF. Even though the pistol brace rule has been enjoined and vacated, ATF insists it can still charge pistol brace crimes, using the very same theories from its repudiated rule.Even under a Trump administration, it appears that career anti-gun bureaucrats within ATF, along with some holdover prosecutors at the DOJ, just aren't willing to give up their anti-gun agenda.This is why GOA has teamed up with FRAC to send a letter, this time to the U.S. Attorney's Office in Washington, DC, asking that office to investigate this federal government overreach and dismiss the pistol brace charge against Taranto.We are hopeful that, thanks to President Trump's executive order on protecting Second Amendment rights, this charge will be dismissed, thereby protecting millions of law-abiding gun owners from continuing ATF overreach.Again, this case—and GOA's interest—has nothing to do with Mr. Taranto, but instead with the millions of other gun owners who possess firearms equipped with pistol stabilizing braces. If the DOJ pushes forward with this criminal charge against Taranto, then all of us are at risk. Tyler DurdenSat, 04/12/2025 - 21:0024:T1d21,The Sahel: Emerging Center Of Global Islamism Authored by Nils Haug via The Gatestone Institute,The center of world terrorist activity and violent death is no longer the Middle East. The "Sahel region of Africa is now the 'epicentre of global terrorism,'" responsible for "over half of all terrorism-related deaths" worldwide, according to the respected Global Terrorism Index.The sub-Saharan Sahel is largely unknown to much of the world. It can be described as the large, mostly flat, strip, nearly 600 miles wide, located between the savannahs of Sudan to the south and the Sahara desert to the north.During the last ten years or so, according to the Royal United Services Institute, the world's oldest defense and security think tank, headquartered in London, the Sahel has undergone a "significant surge in jihadist violence. Armed actors take advantage of porous borders, fragile states, and local grievances to extend their operational reach,"Global Terrorism Index 2025, published by the Institute for Economics & Peace, reveals that the primary instigator of global terrorism during 2024 was the Islamic State (ISIS) and associated groups -- such as al Qaeda, Jamaat Nusrat Al-Islam wal Muslimeen, Tehrik-e-Taliban Pakistan, and al- Shabaab -- together responsible for more than 7,500 deaths.Although the West is experiencing escalating terrorism in countries such as Sweden, Australia, Finland, the Netherlands, Denmark, Germany and Switzerland, the Sahel region evidently remains the "global epicentre of terrorism, accounting for over half of all terrorism-related deaths in 2024." Here, conflict deaths exceeded 25,000 for the first time, of which nearly 4,000 were directly connected to terrorism.A perturbing factor is that in Europe, "one in five persons arrested for terrorism is legally classified as a child." This is understandable, as children in Islamist-jihadist communities are exposed to Jew-hatred and the desire for an Islamist caliphate from a very tender age. The same statistics would apply to terrorist actors in the Sahel, as the ideology of martyrdom and sacrifice is ubiquitous to jihadism.Susceptible countries in the region include Senegal, Sudan, Niger, Burkina Faso and Mali. Unsurprisingly, the region's rich mineral resources – with Niger the world's seventh-biggest producer of uranium -- also attract attention. China and Russia are increasingly represented, while Western nations withdraw from Africa due to growing anti-Western attitudes. Specifically, the US base in Niger in August 2024 and France's base in Chad closed in December 2024.The consequence is, of course, that with the West's retreat, ISIS has free rein to action their visions of global influence. They are present in 22 countries at present and, as the report points out: "Despite counterterrorism efforts, the group's ability to coordinate, inspire, and execute attacks highlights its resilience and evolving operational strategies." In the remoteness of the Sahel, ISIS finds an accommodating environment to consolidate and establish a central base.Russia's Wagner mercenary militia, although rebranded as an "Expeditionary Corps," continues its predatory activities in the area, offering "governments in Africa a 'regime survival package' in exchange for access to strategically important natural resources."Covertly obtained Russian documents reveal how the group strives to "change mining laws in West Africa, with the ambition of dislodging Western companies from an area of strategic importance." The upshot is accelerating anti-Western sentiment, resulting in the local states seeking to expel hitherto entrenched foreign interests.A February 20, 2024, report by Jack Watling, Fellow for Land Warfare at the Royal United Services Institute, explains that there "was a meeting in the Kremlin in which it was decided that Wagner's Africa operations would fall directly under the control of Russian military intelligence, the GRU."Watling concludes, "This is the Russian state coming out of the shadows in its Africa policy." Russia's patent objective is therefore to "seize control of critical resources," and "aggressively pursue the expansion of its partnerships in Africa, with the explicit intent to supplant Western partnerships."Unlike the West, Russia is not particularly interested in countering terror groups such as ISIS but, instead, focuses on its core objectives concerning "critical resources" and replacing "Western partnership" in the Sahel. With the retreat of Western anti-terror forces, ISIS and associates have freedom to expand their activities, while Russia focuses on eliminating Western influence. The result is a vacuum of experienced Western counter-terror forces, a situation in which jihadist groups thrive.Fortunately, North African nations, such as Morocco and Algeria, realize the dangers of unchecked jihadism in the Sahel, which reaches towards their southern borders. To give effect to its objectives, Rabat implemented the Morocco Atlantic Initiative, which,"aims to provide landlocked Sahel countries with access to vital maritime trade routes via Morocco's Atlantic port infrastructure. The plan aims to foster economic regional integration to reduce dependence on unstable transit routes, while fostering Morocco's ties with its southern neighbours to counter instability, terrorism and illicit trafficking in the region in the long term."Similarly, Algeria, with its common "borders and historical ties to Mali, has always played a pivotal role in the region."In addition, some Sahel states are taking it upon themselves to counter jihadists in their domain. Recently, an alliance of three prominent Sahel states -- Burkina Faso, Mali and Niger -- "unveiled plans for a unified military force of 5,000 soldiers.""Each of the three AES armies are expected to contribute troops, tasked with conducting joint operations in areas of intense jihadist activity. In their view, establishing a self-sufficient military partnership is the most dependable way to safeguard sovereignty."This local move came about as a lack of available Western forces to quell jihadism - an absence brought about by the Sahel nations "severing long-standing military and diplomatic ties with regional allies, France, and other Western powers." In 2024, the three Sahel nations agreed "to tackle security threats jointly."Although a joint force of 5,000 soldiers is a fair starting point, it is to be noted that the region under discussion covers over 2 million square miles – a vast area. It is anticipated that Russia, China and Turkey, who already provide "bilateral military assistance and equipment" might partner, to some degree, with the Sahel forces to counter terrorism.Meanwhile, ISIS and al-Qaeda, with associates, extend "greater influence over trans-Saharan networks which will expand their external reach and increase the threat of external plots in North Africa and potentially Europe."In the result, the Sahel predominantly remains the locale of non-Western actors and local states, acting together for mutual benefit, including the possible control of terrorism. Whether or not efforts by these parties, with some North African countries, will have much impact on jihadism activity in the region remains to be seen. Currently, the significant strategic, political, and economic benefits in the region are reaped by Russia, China and Turkey. The West is nowhere to be seen. Tyler DurdenFri, 04/11/2025 - 22:3525:T3ed1,New York City, April 11, 2025 (GLOBE NEWSWIRE) -- I. Introduction: Addressing Men's Health ChallengesIn recent years, a growing number of men across all age groups have silently battled common health concerns such as fatigue, diminished stamina, reduced libido, and circulatory issues. These symptoms, while often normalized as part of aging, can have a substantial impact on quality of life — affecting not only physical performance but emotional well-being and relationships as well.Many of these issues are rooted in poor circulation, low nitric oxide production, and nutrient delivery inefficiencies — all of which contribute to a slow yet progressive decline in male vitality. Men over 30, in particular, often begin to notice these changes. Morning energy isn't what it once was. Workouts yield less power. Intimacy becomes more about obligation than desire. These are not isolated frustrations — they're symptoms of more profound physiological shifts.Traditional solutions like prescription medications, testosterone therapy, and chemical-based performance enhancers may address these problems temporarily but often come with side effects, financial burdens, and dependency risks. Increasingly, health-conscious men are looking for natural alternatives that can deliver noticeable results without compromising safety.This is where Nitric Boost, a plant-based nitric oxide enhancement supplement, enters the conversation.Touted for its use of L-Arginine, L-Citrulline, Beet Root Powder, and a synergistic blend of botanical compounds, Nitric Boost positions itself as a comprehensive answer to male vitality. It is also tied to a trending concept referred to as the "Blue Salt Trick," a nickname for a nitric oxide-triggering mechanism involving certain mineral-rich compounds believed to enhance blood flow.This article explores how Nitric Boost works, what makes its formula distinctive, and whether its promises are backed by clinical reasoning, ingredient synergy, and real-world testimonials. For any man experiencing the subtle or significant effects of declining performance, this review is designed to offer clarity — and potentially, a path forward.The following sections break down the product's physiological mechanisms, ingredient formulation, user experience, and purchasing details to provide a complete evaluation of its effectiveness and credibility.II. Understanding Nitric Oxide and Its Role in Men's HealthNitric oxide (NO) is a naturally occurring molecule that plays a critical role in several physiological functions, particularly those related to cardiovascular health and muscular performance. Produced within the inner lining of blood vessels, nitric oxide acts as a signaling molecule that tells blood vessels to relax and expand — a process known as vasodilation. This expansion allows for increased blood flow, improved oxygen delivery, and more efficient transport of nutrients throughout the body.For men, optimal nitric oxide production is directly linked to a number of vital health functions. Adequate blood flow supports not only cardiovascular integrity but also energy levels, stamina, and physical performance. It is also a key factor in sexual function, as healthy blood circulation is essential for maintaining a strong and lasting erection. When nitric oxide levels are compromised, often due to aging, poor diet, or chronic stress, these functions can decline noticeably.Studies have shown that by the time many men reach their 40s, nitric oxide levels may be less than half of what they were in their 20s. This gradual depletion can lead to a range of symptoms, including fatigue, muscle weakness, delayed recovery after exercise, diminished libido, and, in many cases, erectile dysfunction. While these changes may not appear suddenly, their cumulative effects can significantly impact overall quality of life.Recognizing the central role nitric oxide plays in maintaining male health, researchers and supplement formulators have increasingly focused on natural ways to stimulate its production. Among the most studied compounds are L-arginine and L-Citrulline, two amino acids known to act as nitric oxide precursors. When consumed through dietary supplementation, they help the body synthesize nitric oxide more efficiently, thereby restoring healthy blood flow and energy levels.This foundational understanding of nitric oxide is key to evaluating any supplement that claims to enhance male performance or vitality. Without adequate support for nitric oxide production, such claims would be largely unsubstantiated. Nitric Boost, by centering its formula around nitric oxide precursors and synergistic plant compounds, aims to address this very deficiency.Boost stamina and confidence—try Nitric Boost today.III. The "Blue Salt Trick": Myth, Mechanism, and the Viral Recipe ExplainedIn online wellness communities and alternative health circles—particularly on platforms like TikTok and Reddit—the phrase "Blue Salt Trick" has gained viral momentum as a natural method for improving blood flow, stamina, and male performance. Though the name may suggest an exotic or medical-grade solution, the reality is much simpler. There is no actual blue salt involved, nor is there a singular clinical practice associated with it. Instead, the term is a symbolic reference to a growing class of DIY circulatory "hacks" based on natural nitric oxide activation.What Does the "Blue Salt Trick" Actually Mean?The phrase "Blue Salt Trick" is not rooted in scientific literature but instead arises from a blend of anecdotal wellness practices, simplified biology, and modern marketing. The term "blue" likely references improved oxygenation and blood flow—concepts often associated with vitality, stamina, and sexual health. The "salt" in question is typically Himalayan pink salt, which contains a range of electrolytes and trace minerals like magnesium, potassium, and calcium.When paired with citrus juice (typically lemon) and water, this mineral-salt mixture is thought to support adrenal activation, nitric oxide synthesis, and morning hydration. It is a simple, stimulant-free way to start the day with renewed energy and blood flow.The Blue Salt Trick RecipeWhile there are variations, the most common version of the viral trend includes the following:Ingredients:1/4 teaspoon Himalayan pink saltJuice of 1/2 lemon, freshly squeezed6 to 8 ounces of filtered or spring waterOptional additions:A pinch of baking soda (to alkalize and support digestion)2–3 drops of liquid chlorophyll or trace mineral dropsInstructions:Add the lemon juice and pink salt to a glass.Pour in the water and stir thoroughly until the salt dissolves.Drink immediately, ideally first thing in the morning, on an empty stomach.This simple tonic is often described by users as a way to "activate circulation," rehydrate the body and prime the nitric oxide pathway for the day ahead.Is There a Scientific Basis Behind the Trend?Although the "Blue Salt Trick" lacks formal clinical validation as a standalone therapy, its components are supported by physiological principles. Himalayan salt helps restore electrolyte balance, particularly after sleep-induced dehydration. Lemon juice offers vitamin C and citric acid, which may enhance arginine uptake—significant in nitric oxide production. Combined, these ingredients may help the body absorb nitric oxide precursors more efficiently when consumed later in the day, particularly if paired with supplements like Nitric Boost.From Trend to Therapeutic MechanismBeyond the viral nature of the "trick," the underlying science is grounded in how nitric oxide functions biologically. This gas molecule acts as a vasodilator, relaxing blood vessel walls and promoting increased blood flow. This mechanism is essential for oxygen transport, athletic endurance, and erectile function—areas often compromised by aging or poor metabolic health.The combination of trace minerals (from salt), antioxidants (from lemon), and hydration collectively supports the physiological environment needed for efficient nitric oxide synthesis, primarily when supported by key amino acids such as L-arginine and L-citrulline.This is where Nitric Boost enters the conversation. While the Blue Salt Trick acts as a supportive morning ritual, Nitric Boost delivers the clinically backed compounds that are directly involved in nitric oxide production. It contains a synergistic blend of L-Arginine, L-Citrulline, Beet Root Powder, Horny Goat Weed, Ginkgo Biloba, Dong Quai, D-Aspartic Acid, and Niacin—each of which is tied to improved circulation, stamina, or testosterone support.Nitric Boost: A Modern, Evidence-Backed Evolution of the Blue Salt TrickRather than relying on simplified home remedies alone, Nitric Boost expands on the principle behind the Blue Salt Trick using a formulation designed to optimize nitric oxide synthesis, hormonal function, and blood flow in a structured, measurable way. It removes the guesswork and variability associated with viral trends while maintaining alignment with the core goals of increased energy, enhanced performance, and cardiovascular support.In this way, Nitric Boost doesn't replace the Blue Salt Trick—it complements it. Together, the morning ritual and the supplement protocol can serve as a dual approach for men seeking natural, non-invasive ways to regain stamina, sharpen focus, and restore confidence in their physical performance.Nitric Boost powers performance where it counts.IV. In-Depth Analysis of Nitric Boost's IngredientsThe effectiveness of any supplement lies in the synergy and potency of its ingredients. Nitric Boost features a targeted blend of amino acids, herbal extracts, and natural compounds selected to support nitric oxide production, circulatory health, and male performance. Each component plays a specific role in restoring vitality, and together, they form a multi-pronged approach to optimizing blood flow, energy, and stamina.Below is a detailed analysis of the active ingredients found in Nitric Boost based on information available from the official product website and scientific literature.L-ArginineL-arginine is a semi-essential amino acid that serves as a direct precursor to nitric oxide in the body. Once ingested, L-Arginine is metabolized into nitric oxide by the enzyme nitric oxide synthase (NOS), promoting vasodilation and improved blood circulation.Clinical studies have shown that supplementation with L-Arginine may help:Increase blood flow to muscles and extremitiesSupport erectile function in men with mild to moderate dysfunctionEnhance exercise performance by improving oxygen deliveryIts inclusion in Nitric Boost is fundamental to initiating the nitric oxide production pathway and restoring circulatory integrity—especially in men experiencing age-related vascular decline.L-Citrulline DL-MalateL-citrulline is another amino acid that complements the effects of L-arginine. It is converted into L-Arginine in the kidneys, offering a more sustained release of nitric oxide. The DL-Malate form also supports energy production by participating in the Krebs cycle.Research supports the use of L-Citrulline for:Prolonging nitric oxide productionReducing muscular fatigue during exerciseSupporting better recovery post-workoutThe synergy between L-citrulline and L-arginine creates a more stable and long-lasting effect, helping men experience improved stamina and vascular health throughout the day.Beet Root PowderBeetroot is a natural source of dietary nitrates, which convert into nitric oxide once metabolized. It is well-known for its ability to enhance blood vessel function and has been studied for its effects on endurance, oxygen uptake, and cardiovascular support.Beetroot powder is associated with:Lowering blood pressure in individuals with hypertensionImproving time-to-exhaustion during physical activityIncreasing nitric oxide bioavailabilityIn Nitric Boost, beetroot enhances the foundational amino acid pathway with an additional nitrate-based mechanism for boosting circulation.Horny Goat Weed ExtractAlso known as Epimedium, Horny Goat Weed is a traditional herbal remedy recognized for its potential effects on libido and male performance. It contains icariin, a compound believed to support nitric oxide signaling by inhibiting PDE5—an enzyme that can restrict blood flow.Benefits of Horny Goat Weed may include:Supporting erectile functionEnhancing sexual desireContributing to testosterone balanceIts presence in Nitric Boost adds a performance-specific benefit that complements the core vascular effects of the formula.Ginkgo BilobaGinkgo Biloba is one of the most widely used botanical extracts in circulation-enhancing formulations. It is rich in antioxidants and supports blood flow to the brain and extremities.Scientific literature associates Ginkgo Biloba with:Improved memory and cognitive clarityReduced symptoms of poor peripheral circulationAntioxidant protection against vascular agingIn the context of Nitric Boost, Ginkgo may support mental focus while reinforcing capillary and microvascular function.Dong Quai RootTraditionally used in Chinese medicine, Dong Quai (Angelica sinensis) is valued for its circulatory and hormonal support. It has been shown to improve blood vessel dilation and may aid in managing hormonal fluctuations.Its inclusion in Nitric Boost may provide:Additional vasodilatory effectsHormonal balance for mood and energySupport for blood flow, particularly in synergy with other ingredientsD-Aspartic AcidD-aspartic acid (DAA) is an amino acid that regulates testosterone levels in men. It stimulates the release of luteinizing hormone (LH), which can trigger natural testosterone production in the testes.Studies suggest DAA may:Support healthy testosterone productionImprove libido and male energy levelsEnhance physical performance over timeAs part of Nitric Boost, DAA addresses hormonal optimization—another critical factor in male vitality and performance.Niacin (Vitamin B3)Niacin is a water-soluble B vitamin essential for cellular energy metabolism and vascular health. It induces a mild flushing effect due to capillary expansion, which can be interpreted as an immediate sign of improved circulation.Niacin in this formula contributes by:Supporting energy production at the cellular levelEnhancing blood flow and oxygen deliveryAssisting in the conversion of nutrients into usable energyIt works alongside the other ingredients to amplify the overall vascular benefits of the supplement.Together, these ingredients form a comprehensive nitric oxide support system that addresses the root physiological causes of poor blood flow, low stamina, and performance decline. Unlike one-dimensional formulas, Nitric Boost integrates amino acids, herbal extracts, and essential vitamins into a unified solution designed specifically for men's health.In the next section, we'll explore how these ingredients collectively address the most common health challenges men face—offering both symptomatic relief and long-term vitality support.V. How Nitric Boost Addresses Common Male Health ConcernsFor many men, the first signs of declining vitality are subtle: a morning workout that feels harder than it used to, a dip in bedroom confidence, or the slow erosion of sustained energy throughout the day. These symptoms, though common, often point to underlying physiological imbalances—many of which are tied to blood flow, nitric oxide availability, and hormonal fluctuations. Nitric Boost targets these root causes with a focused, multi-ingredient approach.Below are the most frequently reported male health issues, along with how Nitric Boost's formula is designed to help.Erectile Dysfunction and Circulation DeclineOne of the most direct and distressing issues men face is the inability to achieve or maintain a firm erection. This condition is often the result of insufficient blood flow rather than a lack of desire. Nitric oxide plays a central role in the vasodilation of penile arteries—an ...Full story available on Benzinga.com26:T5bc,SAN DIEGO, April 11, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of SoundHound AI, Inc. (NASDAQ:SOUN) securities between May 10, 2024 and March 3, 2025, inclusive (the "Class Period"), have until May 27, 2025 to seek appointment as lead plaintiff of the SoundHound class action lawsuit. Captioned Liles v. SoundHound AI, Inc., No. 25-cv-02915 (N.D. Cal.), the SoundHound class action lawsuit charges SoundHound as well as certain of SoundHound's top executives with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the SoundHound class action lawsuit, please provide your information here:https://www.rgrdlaw.com/cases-soundhound-ai-inc-class-action-lawsuit.htmlYou can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.CASE ALLEGATIONS: SoundHound provides an independent voice AI platform that purportedly enables businesses across industries to deliver high-quality conversational experiences to their customers.The SoundHound class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) material weaknesses in SoundHound's internal controls over financial reporting impaired SoundHound's ability to effectively account for ...Full story available on Benzinga.com27:T50c,Water Wars, Begun They Have Water conflicts are on the rise around the world, according to data from the Pacific Institute.In the first four years of this decade alone, there have been 785 recorded water conflicts worldwide. As Statista's Anna Fleck shows in the chart below, this is already 27 percent higher than the number of conflicts linked to water resources of the entire decade from 2010-2019, when 620 such events were reported in total. You will find more infographics at StatistaThe Pacific Institute’s data is categorized based on the use, impact or effect that water has within a conflict and can be subdivided into three main groups. The first is termed “casualty” and describes the loss of water resources or systems due to becoming intentional or incidental targets of violence. The second is defined as a “weapon”, where water resources or systems are used as an instrument or weapon in a violent conflict. The third and final group falls under “trigger”, which covers conflicts that are directly over the control of water. In this case, economic or physical access to water, or the event of water scarcity, have triggered violence.As this chart clearly illustrates, the frequency of water conflicts is growing exponentially. Tyler DurdenFri, 04/11/2025 - 22:105:["$","div",null,{"children":[["$","h1",null,{"children":["Business"," News - Page ",8]}],["$","div",null,{"className":"articleGrid","children":[["$","article","2025-04/e69eeb6751f786865b1b12805d1428d8.json",{"className":"ArticleCard_card__hzH2s","children":[null,["$","div",null,{"className":"ArticleCard_content___0a8B","children":[["$","span",null,{"className":"ArticleCard_date__7QxPC","children":"2025-04-16"}],["$","h3",null,{"className":"ArticleCard_title__7hlpK","children":"Negocios y Representaciones S.A.S. Announces Sale of Shares of Mineros S.A."}],["$","p",null,{"className":"ArticleCard_description__llmXE","children":"TORONTO, April 16, 2025 /CNW/ - Negocios y Representaciones S.A.S. 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Foti, Jr., remind investors that they have until May 12, 2025 to file lead plaintiff applications in a securities class action lawsuit against Fluence Energy, Inc. (NASDAQ:FLNC), if they purchased the Company's shares between November 29, 2023, and February 10, 2025, inclusive (the \"Class Period\"). 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