Democrats in the U.S. Senate are looking into investments related to the Trump family that would seem to profit from Donald Trump’s policy decisions.
Category: 30 June 2026
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SPOTLIGHT: BIGS GETTING BIGGER
German pharma colossus Merck is paying $11.3 billion for Bio-Techne, a U.S. firm providing biochemicals, instruments, and other research tools to the biosciences industry.
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“WHICH IS BETTER – TO BE RULED BY ONE TYRANT 3,000 MILES AWAY OR BY 3,000 TYRANTS ONE MILE AWAY?” – REV. MATHER BYLES (1706-1788)
Does it really matter if the instrument curtailing liberty is a monarch or a popularly elected legislature?
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NETANYAHU: IDF WILL STAY IN LEBANON UNTIL HEZBOLLAH NO LONGER A THREAT
Israeli Prime Minister Benjamin Netanyahu said Tuesday that the IDF will remain inside Lebanon for as long as necessary, and until Hezbollah is no longer a threat – which stands in contradiction of the memorandum of understanding (MOU) signed between Washington and Tehran as a framework to permanently end the war.
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GOING OUT OF BUSINESS TRENDS
The economic fallout from years of inflation, high borrowing costs, shifting consumer behavior, and mounting operational expenses continues to claim business across a wide range of industries.
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“THE AMAZON OF CHINA” WILL REPLACE DELIVERY PEOPLE WITH ROBOTS
JD.com, China’s equivalent of Amazon in the U.S., has signed contracts with 120 vocational schools to retrain its 700,000 delivery couriers, who are going to be replaced by robots, founder Richard Liu told the Financial Times.
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AI WINS ITS FIRST LAWSUIT
Garfield AI, Britain’s first AI-based law firm approved by the U.K.’s Solicitors Regulation Authority, has won a lawsuit after using AI and no lawyers to prepare its case.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The wave of job cuts continues to spread across industries, underscoring the growing economic uncertainty facing businesses worldwide.
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AI IS INFLATION’S LATEST DRIVER
Oil prices have fallen and Donald Trump’s tariffs have had less inflationary impact than expected, but inflation is alive and well thanks to the relentless buildout of AI infrastructure.
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RISKS TO THE GLOBAL FINANCIAL SYSTEM ARE RISING, BANK SAYS
Spiraling government debt, creeping inflation, and AI investment mania are among the growing risks to the stability of the world’s financial system, the Bank for International Settlements (BIS) said in its annual economic report.