US And China Agree To Establish Trade And Investment Boards As Trump-Xi Summit Delivers Modest Wins

German Chancellor Claims Relationship With Trump Is Good, Despite Comments About Iran Authored by Victoria Friedman via The Epoch Times, German Chancellor Friedrich Merz on April 29 said that he is on good terms with U.S. President Donald Trump, despite Merz’s recent remarks about the Iran war and Trump’s criticism of the German chancellor. “From my perspective, my personal relationship with the ​U.S. President remains good,” Merz told reporters. “I simply had doubts from the ⁠start about what was begun with the war in Iran. That is ​why I have made that clear.” On...

Senators Unanimously Pass Resolution To Withhold Their Own Pay During Shutdowns Authored by Jackson Richman via The Epoch Times, The Senate unanimously approved a resolution on May 14 that would suspend senators’ pay during government shutdowns. The measure, introduced by Sen. John Kennedy (R-La.), passed by voice vote and is scheduled to take effect after the November midterm elections. Under the resolution, the Senate secretary would withhold lawmakers’ salaries whenever a government shutdown affects one or more federal agencies. Pay would be released once government funding is restored. Supporters say the proposal is intended...

A BrAIve New World For High Yield Authored by Luke Coha via BondVigilantes.com, As the world grapples with how AI will shape and change our lives going forward from the mundane, like automated homes or more clever apps, to more existential threats (opportunities?) leading to job and possibly sector obsolescence and related, broader social implications, it’s definitely well accepted that the demand for AI computing power is enormous and growing. Estimates vary, but they are all astronomical, ranging from $5 trillion to $7 trillion in capital investment needed to fund the global...