China was behind a ‘major’ hack of the Treasury Department, the Biden administration said Monday, gaining access to unclassified documents and the workstations of government employees. After a year fraught with hacking across all government agencies, China experts say it’s time to get serious about thwarting adversarial espionage. ‘The latest intrusion should not come as a surprise. For too long, ...
The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024. In terms of the performance of S&P ...
Ukraine has received its first shipment of liquefied natural gas (LNG) from the U.S., energy company officials confirmed this week— a positive development for Kyiv as it moves to ramp up its purchases of U.S. supplies and protect against broader supply concerns in the region. Ukraine’s private energy company, DTEK, confirmed it has received some 100 million cubic meters of ...
A Palestinian Authority (PA) official reportedly predicted that President-elect Donald Trump will ‘destroy Iran’ and that Tehran’s weakening will effectively break down the remaining Hamas terror cells. Mohammad Hamdan, secretary-general of the PA’s ruling Fatah Party, reportedly made the comments to the New York Post on Dec. 19 during a meeting between the outlet and other top PA leaders in ...
Israeli Prime Minister Benjamin Netanyahu appeared in the hall of the Israeli parliament on Tuesday for a crucial budget-related vote, despite the objections of doctors following prostate surgery on Sunday night, the Israeli news agency Tazpit Press Service (TPS) reports. Netanyahu, 75, was accompanied to the Knesset Plenum by his personal physician, Dr. Tzvi Berkowitz and appeared in good spirits as he took his ...
Andrew Gillen Note: This post updates last month’s post, and given recent developments will be the last monthly update. The biggest changes from last month include: The Biden administration has abandoned both parts of the Higher Education Act plan. Updated total number of borrowers and dollar amount of loan forgiveness to date. Mass student loan forgiveness is terrible policy (see this ...
The Department of Defense (DoD) announced two weapons packages for Ukraine on Monday, totaling $2.47 billion. The first of the two, the Presidential Drawdown Authority package, with an ‘estimated value’ of $1.25 billion, is meant to ‘provide Ukraine additional capabilities to meet its most urgent needs, including: missiles for air defense; munitions for rocket systems and artillery; and anti-tank weapons,’ ...
As the third year of war in Ukraine nears a close as the new year approaches and ahead of the Feb. 24, 2025, anniversary date, new battle lines have once again been established after Russia made advances in the east and Kyiv opened a new battlefront, this time in Russia. The war that had already plagued Europe, the U.S. and, ...
Several political figures on both sides of the aisle increased their profile in 2024 and are primed to become key voices in their respective parties in 2025 and beyond. Democrats suffered a major blow in 2024, in a year that saw President Biden bow out of the political race and be replaced by VP Kamala Harris and Minnesota Gov. Tim ...
Russia’s foreign minister has rejected a reported peace deal involving Ukraine and NATO, claiming that the proposals have been made by President-elect Trump’s advisors. Russian Foreign Minister Sergei Lavrov made the comments during an interview with TASS, a state-run Russian news agency, on Monday. During the interview, Lavrov claimed that the U.S. plans ‘to suspend hostilities along the line of ...