Commentary China’s economy is in desperate straits. So desperate that officials in one county in Guangdong Province offered an illegal bribe to U.S. investors. Any U.S. corporate “decision maker” who brings investment, according to The Wall Street Journal, would get 10 percent of the deal’s total value. A $100 million investment by a U.S. company,…
When China’s Economy Slumps, so Does Beijing’s Political Power
July 18, 2023
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Feds Aware of Affordability ‘Concerns’ Surrounding New Clean Fuel Regulations: Minister
Federal Minister of Intergovernmental Affairs Dominic LeBlanc says that Ottawa is aware of affordability “concerns” surrounding the Liberal government’s recently introduced Clean Fuel Regulations (CFR) and that the government is seeking ways to address them. “We did hear from the premiers but we also hear from Atlantic Canadians [about] concerns around affordability,” Mr. LeBlanc told…
Film Review: ‘The Deepest Breath’
PG | 1h 48m | Documentary, Biography, Sports | 19 July 2023 (USA) Before watching the new documentary “The Deepest Breath,” I’d never heard of “freediving,” and I would consider myself reasonably well-informed when it comes to sports. After watching “The Deepest Breath,” I wouldn’t, under any circumstances whatsoever ever attempt to try it, and would go far in trying to…
American Startups Facing a Tough Situation in 2023, With Little Sign of Relief
July 18, 2023
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Business & MarketsCompanieseconomic policieseconomyinflationInvestmentMarketsMedia & Big TechrecessionSilicon ValleystartupsTechTech NewsUSUS Newsventure capital
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It is becoming more apparent that American startups are facing a bad year, and financial relief is far from coming. Higher interest rates, a shaky U.S. economy, and the recent banking crisis have led to a shortage of funds for capital-hungry startups in their early stages, along with less opportunity for those in late-stage development…
Quebec Gondola Crash Probe Continues; Victim Identified as Canadian Soldier
The Canadian Armed Forces confirmed today that the man who died in a fatal gondola crash Sunday at the Mont-Tremblant resort was a military member. Fifty-year-old Sheldon Johnson of Kingston, Ont., was a member of the 5th Canadian Division and had served for 20 years, the military confirmed in a statement offering condolences to Johnson’s…
Sinking Tugboat Released Thousands of Gallons of Diesel in an Alabama River
A tugboat sank into the Tennessee River in north Alabama over the weekend, releasing thousands of gallons of diesel into the water, authorities said. According to the Florence Alabama Police Department, the boat released between 3,000 and 5,000 gallons of diesel into the water after it sank near O’Neal Bridge. The department said diesel fuel…
Study Finds Generation X Is Ill-Prepared For Retirement Years
As people born between 1965 and 1980—also known as Generation X—approach retirement age, a new study finds them unprepared financially. The study from the National Institute on Retirement Security (NIRS) sees “dismal” prospects for the so-called Forgotten Generation compared with more financially influential baby boomers. “The leading edge of Generation X will enter retirement in…
China Continues to Outspend US on Military AI
July 18, 2023
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AIarms raceCCPChinaChina NewsmilitaryNational SecuritySpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUSUS-China relations
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China’s communist regime is outspending the United States in the realm of military artificial intelligence (AI), according to testimony received by Congress. While the United States’ overall spending on AI outmatches that of the Chinese Communist Party (CCP), it is not matching the regime’s focus on the battlefield applications of the technology, according to Alexandr…
The Surprising Benefits of Sound Therapy for Cancer Patients
Sound therapy is an alternative treatment that has been used for thousands of years across different cultures to promote healing and well-being. This therapy uses sound waves and vibrations to stimulate the body’s natural healing processes—promoting relaxation, reducing stress, and improving overall health. In recent years, sound therapy has been gaining popularity as a complementary…
Chinese Fast-Fashion Retailer Sued in US for Racketeering, Copyright Infringement
July 18, 2023
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Asia & PacificBusiness & MarketsChina Business & EconomyChina NewsChinese e-commerce companycopyright infringementfast fashionGlobal ExpansionInfiltrating the WestracketeeringRICOSheinSocial IssuesSpecial TopicsUSUS-China relationsWorld
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Chinese fast fashion e-commerce company Shein has recently been sued again in the United States for racketeering and plagiarizing the work of three independent designers. The plaintiffs accused Shein, a Chinese company that recently changed its headquarters’ address to Singapore, violated the Racketeer Influenced and Corrupt Organizations Act (RICO), as the company has engaged in…
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