Following a dinner with Canadian Prime Minister Justin Trudeau, where the topic of Canada’s potential statehood was raised as a joke, President-elect Trump repeatedly reiterated the idea across various media platforms. This included social media posts referencing Canada as a state and Trudeau as “governor,” alongside a television interview where he incorrectly linked US trade deficits with “subsidies” justifying annexation. Trump’s assertions are based on fundamentally flawed understandings of trade deficits and subsidies. His continued public pronouncements on the matter, despite their factual inaccuracies, indicate a low likelihood of the issue ceasing to be a point of discussion.
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The Biden administration is exploring stricter sanctions on Russia’s oil industry to further cripple its war effort, a move previously resisted due to potential energy price increases. These new measures, currently under development, could involve limitations on certain Russian oil exports. This shift in strategy comes amidst falling global oil prices and concerns about a potential Trump administration pursuing a swift resolution to the conflict in Ukraine, potentially unfavorable to the country. The administration is now willing to risk higher energy costs to counter these threats.
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A bankruptcy judge rejected The Onion’s parent company, Global Tetrahedron’s, winning bid for Alex Jones’ Infowars, citing an insufficient bid and lack of transparency in the auction process. The judge ruled that the $1.75 million cash bid, combined with creditor concessions valued at $7 million, was less favorable than a rival bid of $3.5 million in cash. The decision leaves the future of Infowars uncertain, with the possibility of a new auction to determine the buyer of Jones’ assets, which are being sold to satisfy a $1.2 billion judgment. The judge did not fault the trustee, but criticized the process as insufficient in ensuring a maximized sale.
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Transnistria’s leader, Vadim Krasnoselsky, declared a 30-day economic state of emergency due to potential Russian gas supply disruptions stemming from the impending expiration of the Russia-Ukraine gas transit contract. The emergency measures include energy conservation and restrictions on exports and financial activities. This action follows Ukraine’s refusal to renew the contract, despite Russia’s stated willingness to continue deliveries, creating uncertainty about future gas transit routes. The potential cessation of transit through Ukraine poses significant financial risks to Russia, impacting Gazprom and significantly reducing already diminished gas flows.
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On December 10th, Senate Minority Leader Mitch McConnell fell at the Capitol after a Republican luncheon. Following the fall, Senator McConnell, reportedly accompanied by Senator Barrasso and a medical team, returned to his office. Fellow Senator Thune later confirmed McConnell was fine and back in his office. This incident follows previous episodes of McConnell freezing during press conferences, raising renewed concerns about his health. The Senator himself has previously stated he is fully recovered from a concussion suffered earlier in the year.
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Elon Musk’s X platform’s objection to the sale of Alex Jones’ Infowars to the satirical news outlet, The Onion, centered around the ownership of Infowars’ X accounts. This objection, surprisingly, wasn’t about the content itself, but rather about X’s assertion of ownership over all accounts on its platform. The argument boiled down to a claim that users don’t actually own their accounts; X does. Therefore, these accounts couldn’t be transferred as part of the Infowars sale.
This assertion of ownership raises significant concerns about the future of X and the implications for other users. If X truly owns all accounts, then users have essentially leased a space on the platform, rather than owning their online presence.… Continue reading
Luigi Mangione, arrested in Pennsylvania for the murder of UnitedHealthcare CEO Brian Thompson, vehemently protested his extradition to New York during a hearing where bail was denied. Facing second-degree murder and weapons charges in both states, Mangione’s attorney plans to challenge the detention and plead not guilty. New York Governor Kathy Hochul will issue a governor’s warrant to facilitate extradition, while Pennsylvania authorities intend to prioritize New York’s prosecution. The investigation is exploring potential links between Mangione’s chronic back problems and a possible motive.
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Hope Walz, daughter of Minnesota Governor Tim Walz, criticized Joe Rogan on social media, stating that following Rogan on Instagram is a “red flag” for potential romantic partners. This follows Rogan’s recent endorsement of Donald Trump, based on his accusations that Governor Walz had lied about his military record and presence at the Tiananmen Square massacre. Rogan’s podcast, known for its broad reach and controversial content, subsequently highlighted Walz’s comments. Walz’s criticism reflects a broader concern about Rogan’s dissemination of misinformation and questionable statements.
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The U.S. Treasury transferred $20 billion to a World Bank fund for Ukraine, fulfilling a G7 commitment to provide economic and financial aid. This matched the EU’s $20 billion contribution, alongside smaller loans from other G7 nations, totaling $50 billion over 30 years. The transfer, made before the inauguration of President-elect Trump, aimed to prevent potential reversal of the aid. The funds, partially offset by frozen Russian assets, will support Ukraine’s essential services and infrastructure amidst the ongoing war.
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A US court recently blocked Kroger’s proposed $25 billion acquisition of its grocery rival, Albertsons. This decision has been met with widespread relief, particularly among consumers concerned about the potential for increased prices and reduced competition. The fear was that a Kroger-Albertsons merger would create a near-monopoly in many markets, leaving consumers with fewer choices and less leverage to negotiate prices. This concern is particularly relevant in areas where Kroger already holds a significant market share, such as the Milwaukee metro area, where the company controls roughly two-thirds of the grocery stores.
The potential for price gouging was a major point of contention.… Continue reading
John Q. Hosedrinker 
Matt Underwood