finance
Money talks; reviewing the global economy, government spending, taxes, and economic policy that affect our social and political future.
Nvidia Set to Relaunch H20 AI Chip Sales in China Following CEO’s High‑Profile Trump Meeting
In a pivotal moment for global semiconductor markets and U.S.–China tech relations, Nvidia has been granted permission to resume exports of its H20 AI accelerator chips to China. The breakthrough follows a strategic meeting between CEO Jensen Huang and former President Donald Trump, signaling a major shift in U.S. export policy and opening the door for renewed business in one of Nvidia’s most crucial markets.
By Waqar Khan6 months ago in The Swamp
Air India Flight 171: The Mysterious Fuel Cutoff That Led to Disaster
1. A Catastrophe Minutes After Takeoff On June 12, 2025, Air India Flight 171—a Boeing 787‑8 Dreamliner—crash-landed into a residential hostel in Ahmedabad just 30 to 40 seconds after takeoff. The plane was en route from Ahmedabad to London Gatwick, carrying 230 passengers and 12 crew members. Of those aboard, 241 perished, and 19 were killed on the ground, with dozens more injured. Only one passenger survived, later identified as Vishwash Kumar Ramesh .
By Ikram Ullah6 months ago in The Swamp
Trump's Frustration with Putin and the Uncertain Future of the Russia-Ukraine War
The ongoing war in Ukraine continues to test the diplomatic resolve of world leaders, with recent developments highlighting growing frustration in the United States. President Donald Trump, who once vowed to end the war in Ukraine within 24 hours of taking office, now faces mounting obstacles in his attempts to broker peace. Despite multiple rounds of negotiations and increasing diplomatic engagement, a ceasefire remains elusive as Russia intensifies its military campaign against Ukraine.
By Ikram Ullah6 months ago in The Swamp
Elon Musk Launches ‘America Party’ Amid Feud with Trump
In a bold and unexpected move, Elon Musk — billionaire entrepreneur and CEO of Tesla, SpaceX, and X (formerly Twitter) — has officially launched a new political party dubbed the “America Party.” This comes in the wake of a deepening rift with former ally and current U.S. President Donald Trump, following disagreements over Trump’s recently passed “Big Beautiful Bill,” which Musk has strongly criticized as “a threat to the U.S. economy.”
By Muhib Ullah 6 months ago in The Swamp
Investors traded a record $6.6 trillion worth of stock in the first half of 2025
In the first half of 2025, "Global Stock Trading Hits Record $6.6 Trillion" Global stock markets witnessed an unprecedented surge in activity in the first half of 2025, as total trading volumes soared to a record \$6.6 trillion. This milestone, the highest half-year figure in history, reflects heightened investor engagement driven by a mix of economic optimism, technological advancements, and a new wave of retail participation reshaping the financial landscape.
By GLOBAL NEWS6 months ago in The Swamp
No Taxes on Tips or Overtime? Trump’s Tax Bombshell Just Changed the Game
If you’ve ever stayed late to finish your shift or depended on tips to keep the lights on, this one's for you. Because as of this week, thanks to a massive new tax overhaul just pushed through by Donald Trump, tips and overtime pay may no longer be taxed at the federal level.
By Bevy Osuos7 months ago in The Swamp
The Last Message Before the Blackout: How World War 3 May Begin in Silence. AI-Generated.
The Last Message Before the Blackout: How World War 3 May Begin in Silence It started with a blink—literally. At 2:17 a.m. UTC, the entire world blinked. Lights flickered across New York, London, and Tokyo. Satellites lost signal for exactly 9 seconds. It was so short, most people didn’t even notice. But deep in underground bunkers and command centers buried beneath concrete and paranoia, generals and analysts did. They noticed everything.
By Ali Asad Ullah7 months ago in The Swamp
Johnson pushes to get House GOP holdouts to back tax bill
**Johnson Pushes to Get House GOP Holdouts to Back Tax Bill** House Speaker Mike Johnson is intensifying efforts to rally support among Republican holdouts in the House of Representatives as the GOP attempts to pass a significant tax package. The bill, which has been a priority for House Republicans, includes extensions of business tax breaks, increases in the child tax credit, and measures aimed at economic growth. However, internal party divisions have threatened its passage, with several conservative members withholding their support.
By GLOBAL NEWS7 months ago in The Swamp
What I Learned Growing Up in a Cult. Top Story - June 2025.
Earlier this week I was talking to a coworker about life. After a while, we somehow got on the subject of religion. I had to explain that I have an aversion to most organized forms of religion, having been raised in a church that at the time was very cult-like, and later after a split, the faction that stayed with the original leader went full cult. But that begs the question.
By Atomic Historian7 months ago in The Swamp
