Economic D-Day: Treasury Secretary Bessent Announces Operation Economic Outcast Against Iran

Helicopters And Poison? 32 Charged In $20M Mount Everest Rescue Scam Nepal’s Central Investigation Bureau investigates a large-scale insurance fraud operation in the Himalayan trekking sector. Authorities charge 32 individuals - including trekking company operators, guides, helicopter rescue coordinators, hospital owners, and doctors - with organized crime and fraud. The scheme allegedly triggers unnecessary and expensive helicopter evacuations that insurers foot the bill for. According to The Independent, the probe focuses on activities between 2022 and 2025 across popular routes that include the path to Everest Base Camp, Annapurna, Manaslu, and...

California, 6 Other States Sue Trump Admin Over Funding Cuts To Immigration, Race Projects Authored by Rachel Roberts via The Epoch Times, California and six other states filed a lawsuit against the Trump administration on Wednesday after it moved to cut federal funding for programs involving immigration, race, and gender ideology. California Attorney General Rob Bonta speaks in Los Angeles on April 15, 2024. John Fredricks/The Epoch TimesThe White House said the programs are not in the national interest. The states accuse the administration of withholding federal funds approved by Congress, including about...

Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months Taiwan Semiconductor, world's largest dedicated independent semiconductor foundry, posted its slowest pace of monthly revenue expansion since October, highlighting the challenges of sustaining torrid AI-fueled pace of growth. Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days of business and its revenue can fluctuate month-to-month, the drop was notable; analysts expect the company’s June-quarter revenue to grow almost twice as fast, or at about 35%...