The US trade deficit has reached a record high, with January’s $329.5 billion worth of imports exceeding prior month’s total by $36 billion. A significant contributor to this surge is the rapid influx of gold shipments to New York depositories, which accounts for 60% of the increase in merchandise imports. Source: https://www.bloomberg.com/news/articles/2025-03-06/massive-gold-influx-at-root-of-record-us-trade-gap-largely-excluded-from-gdp
The NFL free agency landscape is always challenging to navigate, especially when it comes to finding a starting quarterback. However, one name stands out among the competition: Sam Darnold. Darnold’s impressive performance last season as a starter has earned him the top spot on this list. He was signed to a one-year deal after first-round … Read more
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A damaged SpaceX booster has been towed into Port Canaveral in Florida after a launch failure earlier this week. The incident occurred at the Cape Canaveral Air Force Station, where a rocket was attempting to reach orbit. According to eyewitnesses and official reports, the rocket suffered damage during ascent, causing it to malfunction and make … Read more
The US trade deficit soared to a record $131.4 billion in January, exceeding even the most optimistic estimates from economists. The surge came as companies sought to stock up on foreign goods before President Trump’s tariffs took effect, widening the gap by 34% compared to the previous month. Source: https://www.bloomberg.com/news/articles/2025-03-06/us-trade-deficit-surges-to-a-record-ahead-of-trump-tariffs
An experimental module attached to Firefly Aerospace’s Blue Ghost Moon lander successfully used Earth’s orbiting satnav systems, demonstrating that dedicated lunar positioning systems may not be needed for future Moon missions. The Lunar GNSS Receiver Experiment (LuGRE) module picked up signals from both the US Global Positioning System (GPS) and the EU’s Galileo constellations on … Read more
Wall Street’s overnight slump on Friday sent Asian markets tumbling as investors remained uncertain about US trade policies after President Donald Trump delayed imposing 25% tariffs on Mexican and Canadian goods. The surprise move came just two days after the initial imposition of tariffs, which had already unsettled global markets. The delay has added to … Read more
New Zealand dismissed its most senior diplomat to Britain, Phil Goff, after he criticized President Donald Trump’s understanding of history at an event in London. The prime minister deemed Goff’s comments “untenable,” leading to his dismissal. While some readers support the decision, many others believe Goff’s question was legitimate and reflected a widely held concern … Read more
US stocks rose ahead of a key jobs report on Friday, with futures up 0.8% after the government added 151,000 jobs in February, beating expectations. The dollar continued its decline against major currencies, extending losses for the week. The sell-off in bonds has eased somewhat, but investors remain cautious due to confusion over US President … Read more
Hungarian Prime Minister Viktor Orban has announced plans to hold a domestic campaign against Ukraine’s European Union membership, citing concerns over the country’s democratic backsliding and alleged ties to Russia. The move comes as Orban seeks to reverse his party’s slide in the polls ahead of the upcoming general election. Source: https://www.bloomberg.com/news/articles/2025-03-07/orban-plans-to-survey-hungarians-to-slow-ukraine-s-eu-accession