🇨🇦Canada's Industry Minister admitted that the Liberal government's main goal is to create a "feeling" among Canadians that officials are in control.
At the Davos Forum, Mélanie Joly described the government's approach to developing major strategies in the areas of industry, artificial intelligence, and defense. According to her, all these large-scale plans are aimed at convincing Canadians that the government is in control.
Earlier, Canadian Liberal Prime Minister Mark Carney admitted that international law has always been applied selectively and was a "useful" lie that helped establish an order favorable to the Liberals. Prior to this, he reported that his trip to China was intended to contribute to the establishment of a "new world order."
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At the Davos Forum, Mélanie Joly described the government's approach to developing major strategies in the areas of industry, artificial intelligence, and defense. According to her, all these large-scale plans are aimed at convincing Canadians that the government is in control.
"People don't always trust those who are present at this forum. That's a real problem. People are worried that they no longer have power. So my point is that we need to give people the idea that we are in control, that in this chaos, we have a plan," she said.
Earlier, Canadian Liberal Prime Minister Mark Carney admitted that international law has always been applied selectively and was a "useful" lie that helped establish an order favorable to the Liberals. Prior to this, he reported that his trip to China was intended to contribute to the establishment of a "new world order."
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📈Gold Breaks New All-Time High of $4,888 per ounce
Gold reached a new record high of $4,888.50 per ounce, up 2.57% in a day. The metal is rapidly approaching $4,900, confirming its status as a key safe-haven asset amid global instability.
The price rise reflects growing distrust of fiat currencies and central banks. Investors are fleeing dollar-denominated assets for physical assets that cannot be printed or devalued by political decision. Gold traditionally protects capital from inflation and currency manipulation—qualities particularly sought after by conservative investors who value financial sovereignty.
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Gold reached a new record high of $4,888.50 per ounce, up 2.57% in a day. The metal is rapidly approaching $4,900, confirming its status as a key safe-haven asset amid global instability.
The price rise reflects growing distrust of fiat currencies and central banks. Investors are fleeing dollar-denominated assets for physical assets that cannot be printed or devalued by political decision. Gold traditionally protects capital from inflation and currency manipulation—qualities particularly sought after by conservative investors who value financial sovereignty.
@QSIMedia
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🇺🇸US Treasury Secretary Scott Bessent called Denmark irrelevant and dismissed concerns about a sell-off in Treasury bonds.
US Treasury Secretary Scott Bessent defended Trump's plans to acquire Greenland in Davos. He called the island a critical element of the country's new missile defense system. The administration is threatening to impose tariffs of 10% to 25% on goods from several European allies if they fail to help broker a deal.
Some international investors have begun dumping US Treasury bonds in response to the tariff threats. According to Bessent, US debt remains the safest asset, and world leaders should remain calm while Washington strengthens national security. The secretary called Denmark irrelevant in the negotiations.
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US Treasury Secretary Scott Bessent defended Trump's plans to acquire Greenland in Davos. He called the island a critical element of the country's new missile defense system. The administration is threatening to impose tariffs of 10% to 25% on goods from several European allies if they fail to help broker a deal.
Some international investors have begun dumping US Treasury bonds in response to the tariff threats. According to Bessent, US debt remains the safest asset, and world leaders should remain calm while Washington strengthens national security. The secretary called Denmark irrelevant in the negotiations.
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🕊Trump declared that his mere assumption of power had eliminated the threat of World War III, which could have erupted over the Russia-Ukraine conflict.
He also claimed that Putin and Zelenskyy had reached a point where they could reach a peace agreement. Trump said he didn't think they were stupid, but they would be if they didn't take the opportunity to end the war.
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"I think if I hadn't been elected, this could have escalated into World War III. It was a very, very bad situation, and it still is, but it's not that bad," Trump said.
He also claimed that Putin and Zelenskyy had reached a point where they could reach a peace agreement. Trump said he didn't think they were stupid, but they would be if they didn't take the opportunity to end the war.
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⚡️Russia is ready to direct $1 billion from frozen assets to the Peace Council, and spend the remaining funds on rebuilding Ukraine, Putin said.
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⚔️ European lawmakers suspend U.S. trade deal amid Greenland tariff tensions
The European Parliament has suspended the approval of a key US trade deal agreed in July in protest at Donald Trump's demand to take over Greenland. The suspension was announced in Strasbourg, France, on Wednesday, as the US president addressed the World Economic Forum in Davos.
The move marked a fresh escalation in tensions between the US and Europe, as Trump continues to threaten tariffs against European countries in his bid to acquire Greenland to insist on the island's strategic value for controlling the Arctic and countering China.
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The European Parliament has suspended the approval of a key US trade deal agreed in July in protest at Donald Trump's demand to take over Greenland. The suspension was announced in Strasbourg, France, on Wednesday, as the US president addressed the World Economic Forum in Davos.
The move marked a fresh escalation in tensions between the US and Europe, as Trump continues to threaten tariffs against European countries in his bid to acquire Greenland to insist on the island's strategic value for controlling the Arctic and countering China.
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💸 Prediction markets are growing, but concerns about insider trading are raising.
Political and economic betting platforms are gaining momentum. Polymarket, Kalshi, and similar services allow betting on election outcomes, regulatory decisions, and macroeconomic indicators. Trading volumes are growing, attracting the attention of both private and institutional participants.
The problem is that the lines between legal forecasting and insider trading are blurred. If someone with access to confidential information bets on an outcome they already know, it's market manipulation. Regulators have not yet developed a clear position. The CFTC is considering tightening regulations but there is no consensus.
Prediction markets could become a powerful tool for assessing the probability of events, an alternative to surveys and expert forecasts. Is it possible to combat insider betting and how can insiders be restricted in blockchain systems? 🤔
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Political and economic betting platforms are gaining momentum. Polymarket, Kalshi, and similar services allow betting on election outcomes, regulatory decisions, and macroeconomic indicators. Trading volumes are growing, attracting the attention of both private and institutional participants.
The problem is that the lines between legal forecasting and insider trading are blurred. If someone with access to confidential information bets on an outcome they already know, it's market manipulation. Regulators have not yet developed a clear position. The CFTC is considering tightening regulations but there is no consensus.
Prediction markets could become a powerful tool for assessing the probability of events, an alternative to surveys and expert forecasts. Is it possible to combat insider betting and how can insiders be restricted in blockchain systems? 🤔
@QSIMedia
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📈 Amazon CEO Jassy says Trump’s tariffs have started to ‘creep’ into prices
Amazon CEO Andy Jassy says consumers are beginning to see higher prices as sellers look to absorb added costs from President Donald Trump’s tariffs.
Despite the tariffs, some shoppers are shifting to cheaper items and bargain hunting, while others are putting off premium discretionary purchases. However, the White House said it maintains that foreign exports are footing that tariff bill.
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Amazon CEO Andy Jassy says consumers are beginning to see higher prices as sellers look to absorb added costs from President Donald Trump’s tariffs.
“So you start to see some of the tariffs creep into some of the prices, some of the items, and you see some sellers are deciding that they’re passing on those higher costs to consumers in the form of higher prices, some are deciding that they’ll absorb it to drive demand and some are doing something in between,” Jassy said.
Despite the tariffs, some shoppers are shifting to cheaper items and bargain hunting, while others are putting off premium discretionary purchases. However, the White House said it maintains that foreign exports are footing that tariff bill.
“The average tariff imposed by America has increased by almost tenfold under President Trump, and inflation has continued to cool from Biden-era highs,” White House spokesman Kush Desai said in a statement.
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🇺🇸 Mayor Mamdani says he supports abolishing ICE, calls for humanity in dealing with immigration issues
New York City Mayor Zohran Mamdani said that he supports getting rid of ICE as the Trump administration ramps up its crackdown on illegal immigration. He was outraged after a New York City council employee was detained by ICE in Long Island during a routine immigration appointment.
However the Department of Homeland Security contended in a statement that the employee is in the U.S. illegally and has an alleged criminal history that includes an arrest for assault.
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New York City Mayor Zohran Mamdani said that he supports getting rid of ICE as the Trump administration ramps up its crackdown on illegal immigration. He was outraged after a New York City council employee was detained by ICE in Long Island during a routine immigration appointment.
However the Department of Homeland Security contended in a statement that the employee is in the U.S. illegally and has an alleged criminal history that includes an arrest for assault.
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💻 As ChatGPT introduces ads, Google says it has no such plans for Gemini
OpenAI announced it had begun testing advertising on ChatGPT to monetize its user base, but Google has taken a completely different approach. Dan Taylor, Google's vice president of global advertising, stated that there are no plans to implement advertising in the Gemini app.
Now users face a clear choice between platforms with different value propositions:
ChatGPT: a free tier with advertising or a paid subscription without advertising
Gemini: no advertising at all tiers
Despite increasing competition in the AI space, Google's ad-free approach to Gemini aims to build user trust and improve task-oriented assistance.
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OpenAI announced it had begun testing advertising on ChatGPT to monetize its user base, but Google has taken a completely different approach. Dan Taylor, Google's vice president of global advertising, stated that there are no plans to implement advertising in the Gemini app.
Now users face a clear choice between platforms with different value propositions:
ChatGPT: a free tier with advertising or a paid subscription without advertising
Gemini: no advertising at all tiers
Despite increasing competition in the AI space, Google's ad-free approach to Gemini aims to build user trust and improve task-oriented assistance.
@QSIMedia
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Trump's youngest son saved his British girlfriend from her Russian boyfriend.
According to Metro, the victim of the attack testified about this at a court hearing. The girl claimed she called Barron Trump on FaceTime, but her boyfriend suddenly attacked her. The victim's name has not been released, but journalists have identified her attacker as a certain Matvey Rumyantsev.
According to the girl, Matvey was unhappy with her friendship with Trump's son. Hearing the sounds of a struggle and screaming on the phone, Barron called the British police, and law enforcement officers soon arrived. Upon learning that it was Trump's son calling, they immediately showed increased zeal and apprehended the attacker.
Mr. Trump, the domestic tyrant has been captured. We await further instructions!
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According to Metro, the victim of the attack testified about this at a court hearing. The girl claimed she called Barron Trump on FaceTime, but her boyfriend suddenly attacked her. The victim's name has not been released, but journalists have identified her attacker as a certain Matvey Rumyantsev.
According to the girl, Matvey was unhappy with her friendship with Trump's son. Hearing the sounds of a struggle and screaming on the phone, Barron called the British police, and law enforcement officers soon arrived. Upon learning that it was Trump's son calling, they immediately showed increased zeal and apprehended the attacker.
Mr. Trump, the domestic tyrant has been captured. We await further instructions!
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🕊Zelensky announced at the Eastern Economic Forum that a trilateral meeting between Ukraine, the United States, and Russia would be held in the UAE tomorrow and the day after.
Zelensky also praised the US operation in Venezuela and criticized Europe for weakness and indecisiveness, stating that, as before, he was forced to call on the EU to "learn to defend itself."
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"I hope the Emirates are aware of this. Sometimes we have surprises from the American side," the Ukrainian president noted, announcing the first trilateral meeting of the year.
Zelensky also praised the US operation in Venezuela and criticized Europe for weakness and indecisiveness, stating that, as before, he was forced to call on the EU to "learn to defend itself."
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📈Zipline Surpasses 2 Million Deliveries And Raises More Than $600M
U.S. autonomous drone delivery and logistics startup Zipline said Wednesday it will set up operations in Houston and Phoenix early this year, as part of an expansion that will be propelled by $600 million in fresh investment.
To date, Zipline’s zero-emission aircraft have flown more than 125 million autonomous commercial miles, delivering over 20 million items without a serious injury. Its medical delivery operations, the company says, help save more than 10,000 lives per yea.
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U.S. autonomous drone delivery and logistics startup Zipline said Wednesday it will set up operations in Houston and Phoenix early this year, as part of an expansion that will be propelled by $600 million in fresh investment.
To date, Zipline’s zero-emission aircraft have flown more than 125 million autonomous commercial miles, delivering over 20 million items without a serious injury. Its medical delivery operations, the company says, help save more than 10,000 lives per yea.
“Autonomous logistics has been maturing for more than a decade, and the last year has made it unmistakably clear that when deliveries are faster, cleaner, safer, and cheaper, demand isn’t just high, it grows exponentially. In 2026, autonomous logistics will become an everyday staple for people across several states in the US,” As Keller Cliffton, Zioline CEO and cofounder, said.
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🇨🇦Canadian federal officials draft plans to ban social media for children under 14
Federal officials have drawn up plans to include a ban on social media for children under the age of 14 in the government’s coming online harms bill, part of a suite of possible measures aimed at protecting young people in the digital space. The initiative aims to limit the influence of platforms like Meta, TikTok, and others on minors.
The proposal follows a social-media ban for young people under 16 that took effect in Australia in December 2025. The move has caused other countries, including Canada and Britain, to consider following the Australian example.
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Federal officials have drawn up plans to include a ban on social media for children under the age of 14 in the government’s coming online harms bill, part of a suite of possible measures aimed at protecting young people in the digital space. The initiative aims to limit the influence of platforms like Meta, TikTok, and others on minors.
The proposal follows a social-media ban for young people under 16 that took effect in Australia in December 2025. The move has caused other countries, including Canada and Britain, to consider following the Australian example.
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🇨🇳China Discovers $85.9B Treasure Under Earth’s Surface
Geologists detected 40 gold veins, with a reserve of 300 tons of gold, within a depth of around 6,562 feet buried deep in the Hunan Province. The discovery ranks among the largest gold deposits ever documented and could rival South Africa’s long-running South Deep mine. #BRICS
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Geologists detected 40 gold veins, with a reserve of 300 tons of gold, within a depth of around 6,562 feet buried deep in the Hunan Province. The discovery ranks among the largest gold deposits ever documented and could rival South Africa’s long-running South Deep mine. #BRICS
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📄 ICE officers assert sweeping power to enter homes without a judge’s warrant, memo says
The memo signed by the acting ICE director Todd Lyons, and obtained by The Associated Press, authorizes immigration officers to forcibly enter someone’s home and arrest immigrants using just a signed administrative warrant, known as an I-205, if they have a final order of removal issued by a judge.
It also instructs officers first to knock on the door and identify themselves and the reason for their visit. If people inside are then given a “reasonable chance to act lawfully,” but do not open the door, the memo says the officers can enter with force.
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The memo signed by the acting ICE director Todd Lyons, and obtained by The Associated Press, authorizes immigration officers to forcibly enter someone’s home and arrest immigrants using just a signed administrative warrant, known as an I-205, if they have a final order of removal issued by a judge.
“Although the U.S. Department of Homeland Security (DHS) has not historically relied on administrative warrants alone to arrest aliens subject to final orders of removal in their place of residence, the DHS Office of the General Counsel has recently determined that the U.S. Constitution, the Immigration and Nationality Act, and the immigration regulations do not prohibit relying on administrative warrants for this purpose, ” the memo reads.
It also instructs officers first to knock on the door and identify themselves and the reason for their visit. If people inside are then given a “reasonable chance to act lawfully,” but do not open the door, the memo says the officers can enter with force.
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💻 Nvidia CEO discusses AI bubble, infrastructure buildout at Davos
Nvidia (NVDA) CEO Jensen Huang said AI has started the largest infrastructure buildout in human history, and more energy, land, and skilled workers are needed, as he discussed the breakthrough technology with BlackRock's (BLK) CEO Larry Fink at the World Economic Forum in Davos, Switzerland, on Wednesday.
Jensen said the AI is essentially a "five-layer cake," with energy being the first, followed by chips and computing infrastructure, cloud infrastructure and cloud services, AI models, and the final being the application layer, which we all need to succeed.
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Nvidia (NVDA) CEO Jensen Huang said AI has started the largest infrastructure buildout in human history, and more energy, land, and skilled workers are needed, as he discussed the breakthrough technology with BlackRock's (BLK) CEO Larry Fink at the World Economic Forum in Davos, Switzerland, on Wednesday.
"We need more energy. I think that we all recognize that. We need more land power, " said Huang, adding that we need more trade skill workers."
Jensen said the AI is essentially a "five-layer cake," with energy being the first, followed by chips and computing infrastructure, cloud infrastructure and cloud services, AI models, and the final being the application layer, which we all need to succeed.
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🇨🇳Chinese semiconductor industry gears up for domestic HBM3 production by the end of 2026
СhangXin Memory Technologies (CXMT), the leader of the Chinese DRAM industry, is on track to build third-gen high bandwidth memory (HBM3). Moreover, China-based Naura Technology, Maxwell, and U-Preseason are developing domestic tools specifically designed to assemble HBM memory stacks.
HBM is significantly more expensive than the 'commodity' DRAM that CXMT has produced so far, so entering a new market will affect CXMT's bottom line. The availability of high-performance HBM3 is strategically important for China's AI sector. Also producing HBM3 stacks — that consist of eight or more large DRAMs with a wide I/O — will prove that CXMT is a world-class memory maker on par with Micron, Samsung, and SK hynix. #BRICS
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СhangXin Memory Technologies (CXMT), the leader of the Chinese DRAM industry, is on track to build third-gen high bandwidth memory (HBM3). Moreover, China-based Naura Technology, Maxwell, and U-Preseason are developing domestic tools specifically designed to assemble HBM memory stacks.
HBM is significantly more expensive than the 'commodity' DRAM that CXMT has produced so far, so entering a new market will affect CXMT's bottom line. The availability of high-performance HBM3 is strategically important for China's AI sector. Also producing HBM3 stacks — that consist of eight or more large DRAMs with a wide I/O — will prove that CXMT is a world-class memory maker on par with Micron, Samsung, and SK hynix. #BRICS
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🇮🇷Iran’s Internet Blackout Among Most Severe Ever
Iran’s nearly two week-long internet and communications shutdown is the largest in the country’s history, according to experts who track the issue. Even Iran’s National Information Network (NIN), the domestic network designed to keep government and businesses running during shutdowns, was taken offline in a costly move, underscoring the severity of the response.
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Iran’s nearly two week-long internet and communications shutdown is the largest in the country’s history, according to experts who track the issue. Even Iran’s National Information Network (NIN), the domestic network designed to keep government and businesses running during shutdowns, was taken offline in a costly move, underscoring the severity of the response.
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🏎 Volvo CEO Hakan Samuelsson says Geely‑owned Volvo is ahead of legacy rivals in building software‑defined vehicles, telling competitors “good luck.”
After EX90 delays, Volvo claims the new EX60 proves it has mastered its in‑house software stack. The EX60 is powered by what Volvo refers to as the latest generation of its HuginCore superset stack that includes hardware from Nvidia and Qualcomm Technologies. This massive amount of computing power drives the latest Android Automotive Operating System, which will be the first in the automotive space to have Google’s Gemini AI assistant baked in from the get-go.
Not only does this powerful hardware set-up allow for “ultra responsive” infotainment, it also powers advanced driver assistance and safety systems, as well as paving the way for higher levels of autonomous driving.
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After EX90 delays, Volvo claims the new EX60 proves it has mastered its in‑house software stack. The EX60 is powered by what Volvo refers to as the latest generation of its HuginCore superset stack that includes hardware from Nvidia and Qualcomm Technologies. This massive amount of computing power drives the latest Android Automotive Operating System, which will be the first in the automotive space to have Google’s Gemini AI assistant baked in from the get-go.
Not only does this powerful hardware set-up allow for “ultra responsive” infotainment, it also powers advanced driver assistance and safety systems, as well as paving the way for higher levels of autonomous driving.
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🇺🇸Trump Wants Peace Board to Rewrite Global Order
Trump presided over a signing ceremony for the board’s charter Thursday in Davos, Switzerland. President touts his Board of Peace as an organization of accomplished leaders that will displace the United Nations, with him as permanent chairman.
Notably absent from the roster of participating countries are European governments, with the exception of Hungary and a few others. Putin, in response to an invitation to the board, said on Thursday that the Kremlin is ready to contribute $1 billion to the Board of Peace if it could draw on frozen Russian assets.
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Trump presided over a signing ceremony for the board’s charter Thursday in Davos, Switzerland. President touts his Board of Peace as an organization of accomplished leaders that will displace the United Nations, with him as permanent chairman.
“Once this board is completely formed, we can do pretty much whatever we want,” Trump said, adding “we’ll do it in conjunction with the United Nations.”
Notably absent from the roster of participating countries are European governments, with the exception of Hungary and a few others. Putin, in response to an invitation to the board, said on Thursday that the Kremlin is ready to contribute $1 billion to the Board of Peace if it could draw on frozen Russian assets.
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