Pete Hegseth, the U.S. Secretary of War, was under fire on Saturday after a report said he allegedly gave a verbal order for the military to carry out a second strike on an alleged drug boat that had two survivors.
Category: 2 December 2025
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ECONOMIC UPDATE – MARKET OVERVIEW
One of the latest on an economic downside in the U.S. is the Apartment List report showing that the median rent for apartments in what used to be “The Land of Opportunity,” fell 1 percent last month from October, and is down for the fourth month in a row.
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FINANCIAL FRANKENSTEINISM: BUILDING A SCORCHED-EARTH ECONOMY
So, now THE Wall St. SUPERBANK J P Morgan has now jumped on the S&P 500 8K for 2026 bandwagon.
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U.S. ECONOMY IS NOW DEPENDENT ON AI SPENDING
Investment in artificial intelligence (AI) programs and infrastructure accounted for as much as half the U.S.’s economic expansion during this year’s first half, according to The Wall Street Journal. At the same time, investments in AI-related stocks have soared in value, vastly multiplying the household wealth of many Americans.
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DOOM VS. OPTIMISM CONTINUES AS AGI AND ASI LOOM
A bestselling book predicting that creation of Artificial Super Intelligence (ASI) would result in a wipe out of the human race has provoked an upcoming release by a leading AI computer scientist.
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TRUMP SAYS AIRSPACE OVER VENEZUELA SHOULD BE CLOSED, WALKS BACK COMMENT
President Donald Trump walked back a post on Saturday, appearing to call for Venezuela’s airspace to be closed, and said a day later that people should not “read anything into it.”
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AMNESTY INTERNATIONAL: GENOCIDE IN GAZA CONTINUES, DESPITE SO-CALLED CEASEFIRE
Israel’s genocide in Gaza continues, despite the U.S.-backed ceasefire, as the Israelis continue to inflict conditions on the Palestinian population that are “calculated to bring about their physical destruction,” Amnesty International said in a new report.
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TRUMP PARDONS FORMER PRESIDENT OF HONDURAS WHO PARTNERED WITH TOP DRUG TRAFFICKERS, WHILE BOMBING ALLEGED DRUG BOATS IN THE CARIBBEAN
Just as President Donald Trump’s Pentagon carries out airstrikes on alleged drug boats in the Caribbean –calling passengers “narcoterrorists,” he granted a pardon for Juan Orlando Hernández, the former Honduran president who worked with the biggest drug traffickers and once allegedly bragged that he was so efficient at allowing cocaine into the U.S., he would be able to “stuff the drugs right up the noses of the gringos.”
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GERMANY PLANS FOR WAR WITH RUSSIA
German officials are reportedly working on plans to mobilize Europe against Russia over what officials in the country say is a high likelihood that the Kremlin will be willing to attack NATO states by 2029.
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TOP TREND: CANADA LOOKS TO MILITARIZE ITS ECONOMY, AND EMPLOY ARMED FORCES ‘IN ALL AREAS OF SOCIAL LIFE,’ WSWS REPORTS
The Canadian government is militarizing its country in such a way that its armed forces will play a leading role in nearly all levels of society, from its economy to a larger reserve force in the event of a large-scale war breaking out, WSWS reported.