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38d06/05

Trump urges new spy chief Pulte to gut US intelligence community

US President Donald Trump said Friday he wants his incoming acting spy chief to start firing employees, deepening the controversy over the appointment of a man with no previous intelligence experience. Bill Pulte, a Trump loyalist who heads the Federal Housing Finance Agency, was named by the Republican president on Tuesday as acting Director of National Intelligence. “If he cut, I wouldn’t mind that,” Trump told reporters aboard Air Force One, adding that the number of employees in Pulte’s...

◇ unclassifiedchina · asia · usa
38d06/05

We invest in AI but oppose its impacts

My father always taught me to invest in companies offering services or products I believe in. Aside from the obvious upside of increasing valuations, how do we justify our personal investments in tech companies, chip ETFs, etc.? Communities across the country are protesting the installation of data centers. Most Americans are petrified of losing their jobs to AI. Environmental impacts from AI are ever-increasing. SpaceX’s IPO document asserts its AI-driven revenue will reach $28.5 trillion, roug

Social◇ unclassifiedusa
38d06/05⚠ war-conflict · 1/5

Healthcare doomvesting - opportunities in dystopia

The US healthcare system is an ongoing train wreck and federal and state governments have yet to implement any real plan for fixing it other than randomly throwing cash at one segment or another. What I want to do here is provide an overview of the problems and which companies are poised to profit off of them. This is going to be long because healthcare is very complicated. I'm not including alternative medicine because grifters abound in that market so I haven't done any research on it. First l

Social◇ unclassifiedusa
38d06/05⚠ war-conflict · 3/5

SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels

The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government's emergency oil stash is headed for a surprisingly lucrative refill. Companies that borrowed crude from the SPR during the conflict will return those barrels with premiums attached, leaving the reserve about 40 million barrels larger than it would have been otherwise once the war ends, Wright said Friday. For an oil market accustomed to hearing about SPR drawdowns, em

◇ unclassifiedmiddle-east · russia · usa
38d06/05

US judge strikes down Trump policies targeting immigrants from 39 countries

President Donald ⁠Trump’s administration unlawfully barred applicants from ⁠39 travel-ban countries from receiving decisions on asylum, work permits, green cards and citizenship, a US federal judge ruled on Friday. Chief US District Judge John McConnell in Providence, Rhode Island, ruled that the US Citizenship and ‌Immigration Services had adopted a series of unlawful policies targeting people from 39 African, Asian, Latin American and Middle Eastern countries. His ruling came in a lawsuit...

◇ unclassifiedchina · asia · usa
38d06/05

Buffy the Vampire Slayer, Ted Lasso actor Anthony Head dies aged 72

Actor Anthony Head, best known for his roles in Buffy The Vampire Slayer and Ted Lasso, has died at the age of 72, his family announced on Friday. The British actor, the brother of singer Murray Head, was best known as librarian Rupert Giles in the cult US supernatural television series starring Sarah Michelle Gellar, which ran from 1997 to 2003. “It is with heavy hearts that we announce the death of our extraordinary father, Anthony Head,” his daughters Emily and Daisy Head, said in a statement

◇ unclassifiedchina · asia · uk
38d06/05

US Drillers Continue to Add Oil Rigs

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 563, up 4 from this same time last year. The number of active oil rigs rose by 2 to 431 during the latest reporting period, according to the data. This is 11 below this same time last year. The number of gas rigs fell by 1 to 124, which is 10 more than this time last year. The miscellaneous rig stayed

◇ unclassifiedmiddle-east · russia · usa
38d06/05

Astronauts take shelter as air leaks worsen on International Space Station

A worsening air leak aboard the International Space Station prompted five astronauts to take shelter and prepare for evacuation for roughly two hours on Friday as Russia attempted to ‌fix a crack on its portion of the orbital laboratory, Nasa said. The four astronauts of Nasa’s Crew-12 mission aboard the station – two Americans, a French astronaut and a Russian cosmonaut – along with another US astronaut were ordered by Nasa mission control at 9.04am on Friday to enter their SpaceX-built Crew...

◇ unclassifiedchina · asia · usa
38d06/05⚠ war-conflict · 3/5

Oil Markets Stop Believing Trump’s Peace Narrative

Fresh strikes on Kuwait and Oman undermine hopes of a U.S.-Iran de-escalation, keeping oil markets on edge and traders skeptical of diplomatic progress. Friday, June 05, 2026 This week’s strikes on Kuwait and the Friday morning attack on Oman have dented hopes for a de-escalation between US and Iran following the much-publicized Israel-Lebanon ceasefire. Whilst Oman’s main port is reportedly up and running again, capping ICE Brent around the $95 per barrel mark, most global crude benchmarks will

◇ unclassifiedmiddle-east · russia · usa
38d06/05⚠ war-conflict · 3/5

Summer most likely window for US attack on Cuba, Chinese defence tech firm says

Any US military attack on Cuba would most likely take place this summer, according to a Chinese defence technology company closely tracking US military movements around the island. The assessment by Jingan Technology, a civilian start-up founded in 2021 in Hangzhou, Zhejiang province, said that if the US were to use force against Cuba, it would most likely take the form of a rapid “decapitation and paralysis” operation aimed at regime change, rather than a large-scale invasion. The company uses.

◇ unclassifiedchina · asia · usa
38d06/05

China launches space computing hub as SpaceX gears up for historic IPO

China is ramping up its bets on space-based artificial intelligence computing with the launch of a state-backed research institute in Beijing, accelerating a frontier tech race with the US just as Elon Musk’s SpaceX eyes a record-shattering US$75 billion market debut to fund its own orbital AI ambitions. The establishment of the Beijing Space Intelligent Computing Research Institute marks a major step in the superpowers’ AI rivalry, which is increasingly extending beyond Earth as terrestrial AI.

◇ unclassifiedchina · asia · russia
38d06/05⚠ war-conflict · 3/5

Trump Floats Meeting Iran's Supreme Leader, But Only If There's A Deal

US President Donald Trump said the United States will win the conflict with Iran either "militarily or on paper," referring to the fitful negotiations with Tehran, and he suggested he could meet with Iran's reclusive supreme leader "if it was to make a deal." "We're going to win one way or the other," Trump told reporters at the White House. "It's going to be militarily or on paper." Trump also said he had no desire to meet with Iranian Supreme Leader Mojtaba Khamenei, who has not been seen sinc

◇ unclassifiedmiddle-east · russia · usa
38d06/05⚠ sanctions · 2/5

Do China-Russia trade payment frictions show limits of de-dollarisation?

China and Russia have largely moved away from the US dollar in bilateral trade settlement, with most transactions now settled in their own currencies. Yet cross-border payment bottlenecks persist as Chinese banks carefully manage their exposure to Washington’s sanctions regime, according to a senior Russian banker. At the heart of the friction is a stark balancing act facing Chinese lenders: how to ease trade with Russia while safeguarding access to the US dollar-based global financial system –.

◇ unclassifiedchina · asia · usa
38d06/05

US adds 172,000 jobs in May, strongly beating expectations

US employment growth surged in May, beating market expectations, while the unemployment rate remained steady, government data showed on Friday, with the labour market in the world’s largest economy sustaining recent gains. “Total nonfarm payroll employment increased by 172,000 in May, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labor Statistics said. Economists polled by Dow Jones Newswires and the Wall Street Journal had expected job growth of 80,000...

◇ unclassifiedchina · asia · usa
38d06/05

Trump is turning allies and partners into friends of China

China-Canada relations are undergoing a thaw after years of estrangement and recrimination. China and India are seeking a rapprochement despite deep-seated distrust and sometimes violent border disputes. Both cases share a common element: Donald Trump. Meanwhile, following the US president’s visit to Beijing, his defence secretary Pete Hegseth avoided mentioning Taiwan at the Shangri-La Dialogue in Singapore. He sounded almost conciliatory by hailing ties with Beijing as “better than they’ve...

◇ unclassifiedchina · asia · usa
38d06/05⚠ war-conflict · 3/5

Huawei chips refine DeepSeek model in major leap for China’s AI self-reliance

A research team that includes Huawei Technologies says it has successfully used the firm’s Ascend 910C chips to complete post-training for the DeepSeek-V4-Pro model, marking a major step forward as China’s semiconductor industry tries to leap from supporting basic AI inference to more complex model training amid tightening US sanctions. While Chinese chipmakers have found success in supporting AI inference – the relatively simple process of running an already-finished model to answer user...

◇ unclassifiedchina · asia
38d06/05⚠ war-conflict · 2/5

Chinese black hole-hunting scientist Dai Liang quits US for Shanghai post

A physicist who was awarded a fellowship reserved for the “brightest young scientists” in the US and Canada for his work hunting for black holes has returned to China. Dai Liang, who received a Sloan Research Fellowship for physics in 2021, recently took up a professorship at Fudan University in Shanghai and joined the Fudan Centre for Astronomy and Astrophysics. The fellowships were established in 1955 by former General Motors chief executive Alfred Sloan to support early-career researchers...

◇ unclassifiedchina · asia
38d06/05

US Senate passes US$70 billion ICE funding; fails to ban ‘anti-weaponisation’ fund

The US Senate handed President Donald Trump ⁠a victory early on Friday morning, passing a bill that would provide the Department of Homeland Security with an additional US$70 billion for immigration enforcement and sending it to the House of Representatives for final consideration. The Senate voted 52-47 to approve the legislation, with no support from Democrats and no provision to ban a US$1.8 billion “anti-weaponisation” fund that could compensate Trump’s political allies for allegations that.

◇ unclassifiedchina · asia · usa
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