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"I Don't Know": Bessent Confronted Lutnick Over Why Nvidia Spy Scandal Firm Isn't Blacklisted

"I Don't Know": Bessent Confronted Lutnick Over Why Nvidia Spy Scandal Firm Isn't Blacklisted The fallout from the now-unemployed Jensen Huang Nvidia spy scandal continues to spread. Now we learn that Treasury Secretary Scott Bessent reportedly confronted Commerce Secretary Howard Lutnick in the White House Situation Room on Thursday, Nov. 5, demanding to know why Megaspeed - the Singapore data center company whose former executive Alice Huang has been identified by US intelligence as a Chinese spy - still isn't on the Commerce Department's entity list, according to Axios, which...
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Sep 22, 2026 / Tyler Durden
Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year
Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year Submitted by Thomas Kolbe Friedrich Merz does not make it easy to interpret current economic data correctly. The debt king from Brilon is not only distorting the statistics with his “special (debt) assets”: More than 320 billion euros in direct and indirect state subsidies are flowing, according to Freiburg economist Lars Feld, through subsidy channels that are penetrating ever deeper into the German economy. Artificial economies are emerging there, economic homunculi that will remain permanently dependent on the taxpayer. What Is...
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Sep 14, 2026 / Tyler Durden
EPA Poised To Scrap Power Plant Carbon Standards
EPA Poised To Scrap Power Plant Carbon Standards By Robin Lawrence, of UtilityDive U.S. Environmental Protection Agency Administrator Lee Zeldin is expected to formally rescind carbon pollution standards for fossil fuel power plants today, according to multiple media reports. The repeal would complete the Trump administration’s elimination of climate policies enacted under the Obama and Biden administrations and could prevent future administrations from regulating greenhouse gases emissions from power plants, according to The New York Times. Climate Mayors and C40 Cities are among the municipal and environmental groups that have opposed the repeal, which...
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May 28, 2026 / Tyler Durden
NANO Nuclear Demonstrates Key Supply Chain Role Covered By Recent Acquisition

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