US bankruptcies soar as companies grapple with inflation and tariffs. https://www.washingtonpost.com/business/2025/12/27/corporate-bankruptcies-economy #usa #economy
The phrase "US kill line" has gone viral on Chinese social media, describing the precarious financial state of many Americans. It refers to a critical threshold where, after essential expenses, a single shock like illness or job loss can trigger irreversible collapse into homelessness. Netizens and U.S. People in China are realizing that life in the states is actually far scarier than their government was telling them. #china #usa #economy #politics
The Canada Border Services Agency is removing people, largely refugee claimants, from the country at a rate not seen in over a decade as the Carney government moves to slow population growth. Refugee lawyers express concern deportations may ramp up further if Bill C-12 passes next year. https://www.cbc.ca/player/play/video/9.7028111 #canada #cdnpoli
China continues to restrict the rare earth elements that the US needs to produce its own permanent magnets and other products even after Trump reached a 'deal' with his Chinese counterpart in October to lift restrictions on the supplies, according to market participants. the US industry remains unable to acquire the inputs needed to make those items on its own, a key priority for the administration. https://www.bloomberg.com/news/articles/2025-12-24/us-rare-earth-buyers-still-see-china-curbs-despite-trump-deal #usa #china #tradewar #technology #worldnews
China has launched its first million-tonne near-zero-carbon steel line in Zhanjiang. Operated by Baowu Steel, it uses hydrogen instead of coke to reduce iron ore, cutting emissions by 50-80% and preventing over 3.4 million tons of CO₂ annually. This breakthrough helps China meet green industrial goals and avoid future international carbon tariffs. #technology #cleanenergy
A German journalist, Anna Liedtke, detained aboard the Freedom Flotilla ship 'Conscience' has accused Israeli prison authorities of raping her during custody. #worldnews #palestine
Algeria's parliament has unanimously passed a law declaring France's colonisation of the North African state a crime, and demanding an apology and reparations. #worldnews #algeria #france #geopolitics #colonialism
The US economy posted strong 4.3% GDP growth, yet real incomes were flat with growth being driven by savings drawdowns and unavoidable costs like healthcare,. Meanwhile, corporate profits soared $166 billion, but hiring has stalled and investment fell. This reveals a K-shaped economy: growth is sustained by affluent asset-holders and corporate margin-squeezing, not job creation, making the recovery fragile and vulnerable to a market correction. #usa #economy #uspol
The German Communist Party's bank accounts are being closed, with the bank citing Cuba donations as the reason. This fits a pattern of German financial institutions cutting off groups critical of government policy, especially on Ukraine and Palestine. The move may stem from U.S. pressure, following its recent terrorist designation of European antifascist groups. Such financial repression is becoming a common tool to silence dissent in Germany. #germany #fascism