Author Archives: Kerry Lear

Iranian Navy Claims it Controls Strait of Hormuz

Iranian officials on Monday claimed they had full control of the Persian Gulf and the Strait of Hormuz – an international waterway south of Iran that serves as a gateway for more than 40% of the world’s sea-traded oil. “We can ensure the security of the Persian Gulf and there is no need for the presence of aliens like the ...

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South African Gov to Take Land from White Owners Without Compensation

South African lawmakers in February voted 241-93 on a proposal to amend the country’s constitution to enable the government to expropriate land without paying for it. The proposed changes to section 25 of the constitution are undergoing review and will be submitted to lawmakers by August 30th.  Land ownership is a sensitive issue in South Africa, as roughly 72% of ...

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EPA to Roll Back Coal Restrictions with the New Affordable Clean Energy Rule

The latest move by the Trump Administration to roll back the former President Obama’s Clean Power Plan will limit the restrictions on the coal industry. The new Affordable Clean Energy (ACE) Rule gives the states the authority to regulate power plant’s greenhouse gas emissions. With this rule, the Environmental Protection Agency (EPA) is aiming to improve the business of the ...

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New York Sets Limit on Uber and Lyft Cars in the City

The New York City Council voted on Wednesday to limit the number of ride-sharing services, including Uber and Lyft. After intense campaigning from taxi drivers in the city, council members agreed in a 39-6 vote to pass multiple bills that will halt the business of these ride-sharing apps. “The council voted to halt the issuance of new for-hire vehicle licenses ...

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Trump is Ready to Tax All Chinese Imports

In a recent interview with CNBC, President Donald Trump made it clear that he is ready to imposed tariffs on all of the $505.5 billion in goods from China that were imported last year. “I’m ready to go to 500. I’m not doing this for politics. I’m doing this to do the right thing for our country,” said Trump on Friday to CNBC. ...

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What You Need to Know From the Trump-Putin Press Conference

On Monday, President Donald Trump and Russian President Vladimir Putin met for their highly anticipated conference in Helsinki, Finland. Prior to the meeting, Trump tweeted that the relations between U.S. and Russia have never been worse, but implied that that was about to change. “Our relationship with Russia has NEVER been worse thanks to many years of U.S. foolishness and ...

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$716 Billion Defense Bill Passed by Senate

On Monday, a $716 million defense bill passed in Senate with an 85-10 vote from lawmakers. The fiscal 2019 National Defense Authorization Act, H.R. 5515 (115) increases the budget so the military can acquire more warships, fighter jets, and troops. It also includes a large 2.6 percent pay raise for troops. “The wide-ranging legislation includes roughly $716 billion in spending, ...

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Trump is Open to Rejoining the TPP, Only If a Better Deal is Negotiated

Last year, the Trump administration withdrew from the Trans-Pacific Partnership (TPP), but is now signaling officials to explore rejoining if only a “substantially better” deal is negotiated.    “Would only join TPP if the deal were substantially better than the deal offered to Pres. Obama. We already have BILATERAL deals with six of the eleven nations in TPP, and are working to ...

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