Xi Warns Trump That Differences Over Taiwan Could Lead to ‘Clashes and Conflicts’ Between the US and China

The true total of US national security spending in 2027 will exceed $2.5 trillion, far beyond the already record-shattering $1.5 trillion military budget President Trump has requested, according to veteran defense analyst Winslow Wheeler. Wheeler, who spent decades working in Washington for senators and the Government Accountability Office on national security issues, reached the figure […]

Bessent Keeps Running Tally Of China As "Unreliable Global Partner" - Count Now Stands At Three Treasury Secretary Scott Bessent told reporters Tuesday that Beijing’s panic hoarding of crude and refined products, while refusing to join the rest of the world in releasing supplies to offset the Gulf energy shock, has now demonstrated for the third time in five years that China is an "unreliable global partner." "China has been an unreliable global partner three times in the past five years; once during COVID, when they hoarded healthcare products, second on...

U.S. Gov't Stake In Intel Is Now Worth ... Intel shares earlier jumped the most on record after the chipmaker delivered stronger-than-expected first-quarter results and issued a second-quarter forecast (read here) that beat Wall Street expectations. Earlier, Intel shares jumped as much as 28%, rocketing to a record high and eclipsing their Dot Com peak, as Wall Street analysts cheered the earnings report as evidence that the chipmaker’s turnaround is gaining traction. Citi analyst Atif Malik raised Intel to “Buy” from “Neutral,” with a $95 12-month price target, reflecting “improving AI-driven...