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I went to England on a history vacation. It turned into an archaeological expedition, uncovering the bones of a once-great civilization. 

All the tourist sites are still there. You can still see the changing of the guard at Buckingham Palace, recall the ‘V’ for victory in the Churchill War Rooms or be inspired to pray at Westminster Abbey. But those are mere historical artifacts, like the pyramids of Egypt or the Acropolis in Greece. The ideals and most of the people who believe in them are long gone.

I was in London less than 24 hours before a terror attack killed two people in a Manchester synagogue. Police also killed the terrorist, a Syrian-born, 35-year-old immigrant named Jihad Al-Shamie, who they said had pledged himself to ISIS. Two innocent Jewish people are dead and a walking, talking metaphor was the cause. Jewish citizens admitted the assault was shocking but not surprising, given the rise of antisemitism in England. 

Two days later, thousands of ‘pro-Palestinians’ held a protest around Trafalgar Square. I watched police arrest a few radicals, while the crowd chanted, ‘Free Palestine.’ British Prime Minister Keir Starmer urged everyone not to protest on the Oct. 7th anniversary of the attack on Israel because he said it was ‘un-British.’ Unfortunately, it’s all too British these days. Britain has imported millions of people who hold no allegiance to its nation or its beliefs. They brought with them both a hatred of Jewish people and Western civilization. 

On Oct. 11, hundreds of thousands of ‘pro-Palestine’ protesters marched in London, shutting down streets and businesses. Even the ceasefire in Gaza didn’t satisfy them. It’s Starmer’s fault. He recognized a Palestinian state, rewarding Hamas for its barbaric assault on Israel and emboldening the protesters. 

Now, the government has to try to look good. It told universities they must ‘take stronger action to protect Jewish students,’ according to Reuters. But, a new YouGov poll says one out of five Britons holds antisemitic views. The message to Jews in England seems disturbingly similar to what it was in 1930s Germany: get out while you still can.

That is only one aspect of the failed British state. Some British people understand they had their history and culture stolen from them, but fear their government enough that they are unwilling or unable to do anything about it. One resident I met was afraid to even wear the British flag for fear of arrest. The same individual referred to England as a ‘tinder box’ that could turn into a civil war.

Those feelings aren’t surprising. A Labour Party member of the British Parliament, Jeevun Sandler, came out on Oct. 12, urging England to take down its flag from lamp posts because it was seen as ‘unwelcoming’ to immigrants. A local politician was investigated by police after she said she was ‘born and bred here.’ And a recent study from the University of Leicester’s Centre for Hate Studies complains that rural England is ‘overwhelmingly White’ and needs ‘inclusion.’ 

It’s not just politics. Canterbury Cathedral, a truly majestic monument to Christianity and Western civilization, was turned into a site for a graffiti-like art demonstration of England’s decline and fall. Christianity Today explains it as an, ‘art exhibit titled ‘Hear Us,’ which features temporary graffiti stickers that were slapped on Canterbury’s stone pillars and aim to highlight minorities while posing challenging questions to God.’ Artist Alex Vellis self describes as ‘an agender goblin-thing.’ Just the person you’d pick to decorate one of the world’s most famous religious sites.

What Vellis did is not art. It’s desecration. Thank God, I saw the cathedral just before this betrayal.

Major institutions embraced the guilt complex that causes all this. It is common for tour guides, museum employees and docents to fill their talks with leftist talking points about climate change and immigration. Many historic sites I visited were quick to demonize British history. Explorer and privateer Sir Francis Drake, who heroically defended England against the Spanish armada, is slammed as an enslaver at the very maritime museum he helped inspire.

British media is worse. The BBC is almost laughably left wing. It layered discussions of the Manchester terror attack with the typical refrain, ‘but Israel.’ Other outlets weren’t as bad, but that’s not saying much. Even commercials show the built-in biases. I saw at least 13 Unicef UK Ads on my television. Nine were about providing aid to Gaza, one more was for Yemen. There were no ads about helping Christians being genocided In Africa. Or even aiding Muslims in China or Myanmar, where they are also being persecuted. Of course, they aren’t fighting Israel in those locations.

Starmer’s many failures make him wildly unpopular and the Reform Party is polling high, looking like it could sweep future elections. The British response is to crack down even more. Rather than defend its own history and culture, the government wars against them. Already, 12,000 people are arrested each year for what they say online. 

British politician and journalist Daniel Hannan summarized these problems with the question, ‘Why are so many British leaders anti-British?’

Those problems are already here in America, they simply haven’t taken root as strongly yet. England is perhaps 10 or 20 years ahead of us. It can serve as a warning or a peek at our inevitable decline. Our campuses are filled with indoctrinated young people, ignorant of history and eager to carry whatever banner will tear down America and the West. It doesn’t matter if it’s the flag of communism or Hamas.

There are some in England who haven’t given up. But the fear is that it is too late. And looking around England, it’s hard to feel otherwise. For America, it’s not too late… yet.

This post appeared first on FOX NEWS

Gold Fields (NYSE:GFI) has completed its AU$3.7 billion purchase of Gold Road Resources.

Gold Road rejected Gold Fields’ first acquisition proposal in March, saying it undervalued the company.

Following negotiations between the two parties, Gold Fields, through its wholly owned entity Gruyere Holdings, entered into a scheme implementation deed with Gold Road on May 5. Under the AU$3.7 billion deal, the companies agreed that Gold Road shareholders would receive fixed cash consideration of AU$2.52 per share.

‘The Scheme provides Gold Road shareholders with an opportunity to realise certain value for their Gold Road shares at a compelling premium,” said Gold Road Managing Director and CEO Duncan Gibbs at the time.

“This offer price represents a material premium to the undisturbed share price prior to the initial Gold Fields’ proposal and a material premium to longer term trading levels,’ he added.

Under the deal, Gold Fields will gain a 100 percent interest in the Gruyere project in Western Australia.

Gruyere, which the companies previously worked on together as a joint venture, currently holds an open-pit mineral resource of 6.04 million ounces, and ore reserves of 3.67 million ounces.

Its average annual gold production stands at at 350,000 ounces.

According to Gold Fields, all Gold Road shares are now owned by Gruyere Holdings. Following the scheme’s implementation, Gold Road is expected to apply to delist from the Australian Securities Exchange.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

China has accused the US of “seriously distorting and exaggerating” Beijing’s newly expanded rare earths export controls, but signaled a willingness to hold talks before an expected meeting between US President Donald Trump and Chinese President Xi Jinping later this month.

“The US interpretation seriously distorts and exaggerates China’s measures, deliberately creating unnecessary misunderstanding and panic,” Ministry of Commerce spokesperson He Yongqian said Thursday (October 16).

According to the Global Times, he emphasized that Beijing’s restrictions are intended to protect national security and prevent the misuse of rare earths in military applications, not to destabilize global markets.

The remarks follow a sharp escalation in rhetoric between the two countries after China expanded its export controls last week to include five additional rare earth elements: holmium, erbium, thulium, europium and ytterbium.

The new rules will take effect in stages starting November 8, coinciding with the expiry of a six month trade truce between Washington and Beijing. Foreign companies that use Chinese materials or equipment to produce rare earths products will require Chinese export licenses, even if no Chinese firm is directly involved in the transaction.

Beijing has also vowed stricter scrutiny of applications tied to advanced semiconductors and defense systems, such as 14 nanometer chips and artificial intelligence used in weapons platforms.

Washington pushes back against Beijing

Top US officials have accused Beijing of attempting to weaponize its dominance in the global rare earths supply chain, which accounts for about 70 percent of global production and more than 90 percent of processing capacity.

At a press briefing on Wednesday (October 15), US Trade Representative Jamieson Greer called China’s new measures a “global supply chain power grab” and warned that Washington and its allies “would not accept the restrictions.”

However, he also said China has not yet implemented the full regulatory system and suggested there is still room to de-escalate. “These are drafted, or in draft, so it’s quite real,” Greer said.

“But our expectation is that they won’t implement this, and that we’ll be able to be back to where we were a week ago, where we had the tariff levels we’ve agreed to and the flow of rare earths that we agreed to.”

Secretary of the Treasury Scott Bessent echoed the sentiment, telling CNBC that the Trump administration does not want to further inflame tensions, but will act decisively if Beijing moves forward with its restrictions.

“When we get an announcement like this week with China on the rare earths, you realize we have to be self-sufficient, or we have to be sufficient with our allies,” Bessent said.

He also accused China of using its dominance in rare earths refining and processing to slash prices and drive foreign competitors out of the market. Trump has threatened to impose 100 percent tariffs on Chinese goods starting on November 1 — or sooner — if Beijing moves ahead with the export controls.

Despite the mounting friction, both sides remain committed to a scheduled meeting between Trump and Xi in South Korea later this month, highlighting the indispensable nature of rare earths to modern industry.

They are used in electric vehicles, wind turbines, smartphones and, crucially, in US military systems such as F-35 fighter jets, Tomahawk missiles and Predator drones. Each F-35 is estimated to require more than 400 kilograms of rare earths for its stealth coatings, motors and radar systems.

US eyes new critical minerals sources

In response to China’s dominance, Washington has ramped up efforts to secure alternative sources of critical minerals.

The Department of Defense earlier this year struck a deal with MP Materials (NYSE:MP), the largest US rare earths producer. It includes an equity stake, a price floor and an offtake deal to guarantee supply for defense applications.

Separately, the Trump administration is reportedly exploring a potential investment in Critical Metals (NASDAQ:CRML), a US-listed firm developing Greenland’s vast Tanbreez rare earths deposit.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (October 17) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$106,495, a 1.7 percent decrease in 24 hours. Its lowest valuation of the day was US$104,747, and its highest was US$107,411.

Bitcoin price performance, October 17, 2025.

Chart via TradingView.

The Bitcoin price remains under pressure. While sizable short liquidations of both Bitcoin and Ether have provided pockets of buying relief, overall market confidence is tempered. Volatility persists, leaving the market poised for further directional cues from key upcoming earnings and economic data releases.

Ether (ETH) was priced at US$3,830.31, a 1.2 percent decrease in 24 hours. Its lowest valuation of the day was US$3,726.31, and its highest was US$3,845.65.

Altcoin price update

  • Solana (SOL) was priced at US$181.98, a decrease of 2.1 percent over the last 24 hours. Its lowest valuation of the day was US$177.43, and its highest was US$184.74.
  • XRP was trading for US$2.30, a decrease of 1.4 percent over the last 24 hours. Its lowest valuation of the day was US$2.25 and its highest was US$2.31.

Crypto derivatives and market indicators

Bitcoin derivatives metrics indicate a complex market environment with mixed signals.

While short-term buying pressure has occurred, underlying market sentiment remains bearish or neutral, with cautious trading behavior and no strong bullish conviction at this time.

Bitcoin liquidations have totaled approximately US$22.09 million in the last four hours, with short positions making up the majority, signaling a short squeeze or bullish pressure. Ether liquidations show a similar pattern, totaling US$20.86 million, the majority of which were short positions.

Futures open interest for Bitcoin has decreased by 1.56 percent to around US$70 billion, showing strong bearish sentiment. Ether futures open interest was unchanged at around US$44 billion, reflecting market neutrality.

The perpetual funding rate for Bitcoin was -0.009, and for Ether it was -0.015, indicating bearish market sentiment.

Bitcoin’s relative strength index stands at 34.05, indicating that the cryptocurrency is in a bearish/bullish/neutral momentum, phase but not yet deeply oversold.

Fear and Greed Index snapshot

CMC’s Crypto Fear & Greed Index has fallen far into fear territory, dipping to 28 on Friday from an earlier score of 32.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

Japanese banks launch yen-backed stablecoin

A group of Japan’s largest banks, including MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank, are reportedly collaborating to launch a yen-backed stablecoin using MUFG’s Progmat platform.

The initiative aims to create an interoperable payment token for over 300,000 corporate clients. MUFG will be the first user for internal settlements. The stablecoin is expected to roll out by year end, potentially establishing Japan’s first unified bank-backed stablecoin network and accelerating crypto adoption in the region’s financial infrastructure.

Uniswap expands to Solana blockchain

Uniswap has expanded its web app to support the Solana blockchain, enabling users to trade Solana-based tokens, the platform announced in a blog post on Wednesday (October 15). This move broadens Uniswap’s reach beyond Ether, lowering transaction costs and speed for DeFi traders using Solana’s high-performance network.

Ripple adds US$1 billion to XRP treasury

Ripple will reportedly add a US$1 billion purchase of its native XRP cryptocurrency to its digital asset treasury.

Sources for Bloomberg said the treasury funds, which will be raised through a special purpose acquisition company, will be used to support Ripple’s ecosystem development, liquidity provision and strategic partnerships, reinforcing Ripple’s commitment to growing XRP’s adoption in global payments.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com