In an escalation of his administration’s industrial and national security agenda, US President Donald Trump has signed an executive order directing the secretary of commerce to initiate a formal investigation into whether US reliance on imported processed critical minerals and their derivative products is a threat to national security. The…
Biotech is a dynamic industry that is driving scientific advances and innovation in healthcare. In Canada, the biotech sector is home to companies pursuing cutting-edge therapies and medical technologies. According to Grandview Research, the global biotech market is expected to grow at a compound annual growth rate of 13.96 percent…
Nickel prices have largely trended down since breaking US$20,000 per metric ton in May 2024. The decline has been attributed to refined nickel oversupply, driven by high output from Indonesia, which mined an estimated 2.2 million metric tons of nickel in 2024 and accounted for more than 50 percent of…
Over the past year, copper prices have reached record highs on two occasions, the most recent being on March 26, when they soared to US$5.26 per pound. These high prices stem from an increasingly tight copper market, driven by rising demand from population growth and migration in the global south, as…
RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of higher prices for major U.S. manufacturers that rely on a global supply chain. Neil Mitchill, chief financial officer of defense contractor and commercial aerospace supplier RTX, said on an earnings…
An old saying about papal elections goes as follows: “He who enters the conclave as pope, leaves it as a cardinal.” In other words, any candidate seen as the frontrunner before the voting begins should be treated with caution, and no cardinal should go into the Sistine Chapel assuming they…
Following the death of Pope Francis, a cardinal from the United States has become acting head of the Vatican until a new pontiff is elected. He is Cardinal Kevin Farrell, a Dublin-born cleric who became a naturalized American citizen after spending many years ministering in the United States. Farrell, a…
Russian President Vladimir Putin said Monday he is open to the possibility of bilateral talks with Ukraine for the first time in years, as pressure from the United States builds on both sides to agree to a quick peace deal. US, European and Ukrainian officials are set to meet this…
It was unexpected, barely implemented and not even extended. But the Kremlin’s hopelessly short-lived Easter truce was aimed directly at US President Donald Trump and at shifting blame for his disastrous peacemaking efforts in the Ukraine war. When Russian President Vladimir Putin announced a surprise 30-hour ceasefire on Saturday, there…
As the world rushed to pay tribute to Pope Francis following his death, the response has been comparatively muted in China – an officially atheist state with millions of Catholics whose government has had a difficult and complex relationship with the Vatican. In the passing of Pope Francis, Beijing loses…