Month: December 2024

The world’s 100 largest defense companies increased their combined revenues from sales of arms and military services by 4.2% last year, totaling $632 billion, according to a report released Monday by the Stockholm International Peace Research Institute.

President-elect Trump campaigned on being a “crpyto president,” promising to open up the floodgates on cryptocurrency by undoing regulations imposed by President Joe Biden’s Securities and Exchange Commission.

But according to a Wednesday report in the Guardian, crypto deregulation could provide a significant benefit to extremist groups and foreign terrorist organizations that use crypto to finance their activity. The outlet noted that neo-Nazi group The Base – which has been under FBI investigation for years — used the new development of an incoming pro-crypto administration to solicit donations via cryptocurrency on Election Day.

U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs, Reuters reported.

“We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy,” Trump wrote on his social media platform, Truth Social.