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Washington Backs Brazil's Serra Verde Mine In $1.55 Billion Rare-Earth Push
Washington Backs Brazil's Serra Verde Mine In $1.55 Billion Rare-Earth Push
The U.S. Department of War has announced a $750 million investment aimed at securing long-term supplies of critical rare-earth elements from Serra Verde’s Pela Ema mine in central Brazil, as Washington accelerates efforts to reduce its dependence on China for strategically important minerals, according to a DOW press release out this week.
The investment, announced Aug. 24 through the department’s Economic Defense Unit and Industrial Base Analysis and Sustainment program, will support an offtake agreement for mixed rare-earth carbonates produced...
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Oct 5, 2026 / Ron Paul
Trump’s Other War
As the midterm election draws near, a number of Republicans in tough races are distancing themselves from President Trump’s war. The war is unpopular because it has inflicted economic pain on the already-suffering American people. No, I am not talking about the Iran War. I am talking about President Trump’s tariff war. The Tax Foundation […]
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Nov 4, 2026 / Tyler Durden
ADP Employment Report Signals Strong Labor Market Across The Board, Wage Growth Accelerates
ADP Employment Report Signals Strong Labor Market Across The Board, Wage Growth Accelerates
ADP's Employment Report showed a better than expected rise in jobs in October, up 86k (vs +67k exp) - the 16th monthly rise in employment in a row..."Employers of all sizes were hiring last month," said Dr. Nela Richardson Chief Economist, ADP.The Services Industry saw job gains accelerate while Manufacturing slowed with the advance reflecting gains in trade, transportation and utilities, education and health services, leisure and hospitality, financial activities and construction.Richardson also noted that ADP data...
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Oct 1, 2026 / Tyler Durden
US Warns Europe: Release Emergency Diesel Supplies Or Face Export Ban
US Warns Europe: Release Emergency Diesel Supplies Or Face Export Ban
The refined products crisis remains unresolved as the Northern Hemisphere winter approaches.
Speaking in the Oval Office on Wednesday, President Trump said he holds discussions "every day" about a potential diesel export ban, blaming Russia's war in Ukraine for fueling the supply squeeze. His administration is now pressuring European governments to release emergency diesel inventories to contain further price surges and reduce the risk of an economic shock in the coming months.
Reuters reports that the Trump administration has asked Germany...
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