European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials

Mamdani Proposes Massive Estate Tax Exemption Cut From $7M To $750K, Among Other Tax Increases New York City Mayor Zohran Mamdani is urging Albany to consider a sweeping overhaul of New York’s estate tax, proposing to sharply lower the exemption threshold and dramatically increase the top rate on large inheritances. His plan would cut the exemption from more than $7 million to $750,000 while boosting the highest tax rate from 16 percent to 50 percent, Bloomberg reported.  The idea was included in a policy memo his administration recently shared with state...

Futures Slide Ahead Of Massive $5.7 Trillion OpEx As Iran War Shows No Signs Of Easing Futures are weaker heading into the weekend after US equities finished lower yesterday despite Netanyahu headlines leading to a late day bounceback into EOD. Geopolitical headlines remain the focus overnight with Brent rising as much as 90bps before reversing, as Iran pressed ahead with hitting energy assets & headlines that the US is considering plans to occupy Iran’s Kharg Island to press for the reopening of the Strait of Hormuz. As of 8:15am, S&P 500...

California Supreme Court Orders "Rogue" Sheriff To Pause Election Fraud Probe Authored by Jacki Thrapp via The Epoch Times, Riverside County Sheriff Chad Bianco was ordered by the California Supreme Court on April 8 to halt his investigation into 2025 election fraud allegations so the judges can review the legal challenges that his probe faces. Bianco, a Republican who is running for California governor, seized more than half a million 2025 election ballots after allegedly receiving complaints from locals. Then, last month he seized an additional 1,000 boxes of election materials. Local election officials...