Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash

Judge Orders White House To Stop Airing Taxpayer-Funded Ads Authored by Aldgra Fredly via The Epoch Times, A federal judge on Oct. 11 issued a temporary restraining order barring the White House from airing the remaining slots of taxpayer-funded television ads featuring President Donald Trump and his administration's policies and achievements. U.S. District Judge Jennifer L. Rochon said the motion filed by watchdog group Common Cause, candidate for Alabama State House Robert Hunter, and Service Employees International Union 32BJ and its political action committee had the legal standing to challenge the White...

China's Helium Export Ban Raises New Risks For Global Supply Chains Authored by Michael Zhuang via The Epoch Times, China has imposed a temporary ban on helium exports, adding fresh uncertainty to global supplies of a gas essential to semiconductor manufacturing, aerospace, medical equipment, and other high-tech industries. The first pilot helium production facility in Europe, located in Saint-Parize-le-Châtel, France, on Sept. 11, 2024. FREDERIC MOREAU/Hans Lucas via AFP/Getty Images The July 10 announcement by China's Ministry of Commerce and General Administration of Customs comes as Beijing faces mounting pressure on its own...

US Embassies Across Mideast Are Permanently Reassigning Personnel  It is not just America's military bases in the Middle East which have been greatly reduced in terms of personnel or in some cases completely abandoned altogether due to the Iran war, but US Embassies in the region have also suffered forced downgrades of staff. Iran's retaliation on US locations and assets across the region was much bigger and more effective than US planners apparently expected, and this could have lasting impact on how US military and diplomatic deployments operate in the region. In...