The collapse of Baltimore’s Francis Scott Key Bridge on Tuesday has shaken not only Baltimore and Maryland but also the entire United States economy. Maryland Governor Wes Moore emphasized the national economic implications of this catastrophic event during an interview on CNN’s “State of the Union.” The Port of Baltimore, which is now blocked due
Politics
Following the collapse of the Francis Scott Key Bridge in Baltimore due to a container ship collision, government officials at federal, state, and municipal levels have sprung into action. The port of Baltimore, which is the 11th largest port in the U.S., has been non-operational since the incident, causing shipping companies to redirect their vessels
Former President Donald Trump, along with eight other defendants, have filed a formal application to appeal a judge’s ruling in Georgia. The ruling allowed Fulton County District Attorney Fani Willis to continue overseeing the case. The defendants had previously attempted to have Willis removed from the case due to her romantic relationship with special prosecutor
In a shocking turn of events, FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for the massive fraud and conspiracy that led to the downfall of his cryptocurrency exchange and hedge fund. The gravity of the sentence is evident by the fact that it was significantly less than what federal prosecutors
China’s dominance in the global clean energy market is posing a threat to U.S. manufacturing, according to Treasury Secretary Janet Yellen. Yellen expressed her concerns about China treating the global economy as a dumping ground for its surplus of clean energy products during a speech at a Georgia solar company. She pointed out that China’s
Recently, New Zealand has pointed fingers at China, accusing the country of being involved in “malicious cyber activity” that targeted its parliament in 2021. New Zealand’s Foreign Minister, Winston Peters, openly expressed concerns regarding this cyber activity, which has been attributed to groups sponsored by the Chinese government. The government of New Zealand is not
Israeli Prime Minister Benjamin Netanyahu’s decision to cancel a planned delegation to Washington, following the United States’ abstention from a U.N. Security Council proposal, raises concerns about the diplomatic relations between the two countries. Netanyahu’s statement citing the change in the American position as a reason for canceling the delegation seems abrupt and raises questions
The recent escalation of the conflict between Russia and Ukraine has reached a concerning level, with Russia launching 57 missiles and drones on Sunday. The attacks targeted Kyiv and the western Ukrainian region of Lviv, causing widespread destruction and panic among the civilians. The extent of the damage is yet to be fully assessed, but
Donald Trump’s recent endorsement of the social media app Truth Social may have been met with enthusiasm from his supporters, but shareholders in the company that owns the app, Digital World Acquisition Corp. (DWAC), were less than impressed. Following the approval of a merger with Trump’s social media company, DWAC saw its share price plummet
The recent shareholder approval from Digital World Acquisition Corp. for a merger with Donald Trump’s social media company has raised significant speculation about the potential financial outcome for the former president. With an estimated windfall of $3 billion or more, Trump stands to benefit greatly from this deal. Despite initial concerns and fluctuations in the