Jeffrey A. Newman Esq.
Google's former CEO Eric Schmidt recently granted a podcast interview in which said we should not assume that both China and the US are competing over AI on equal footing. The keypoints were reported in the Times of India. Schmidt explained that China's focus is...
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Sec. of War Hegseth orders hundreds of generals and admirals to meet
Secretary of War Pete Hegseth has ordered hundreds of the U.S. militaryās generals and admirals to gather on short notice without a stated reason at a Marine Corps base in Virginia next week. The Washington Post stated that this is a highly unusual directive.
Tariff evasion could cost the US $40 billion in revenues annually Goldman Sachs warns
By Jeffrey A. Newman Esq.
Tariff evasion by foreign exporters including China and U.S. importers could cost the U.S. over $40 Billion in revenues annually according a Goldman Sachs analyst. The evasion includes transshipment of goods through bystander countries which have a lower tariff rate than the major exporting...
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UBS Group pays nearly $1 Billion settling French case alleging it helped clients evade taxes
UBS, the Swiss bank said that it will pay $985.6 million to settle a case over its role in helping wealthy clients evade taxes. UBS and former employees have been under investigation in France since 2013. UBA previously admitted that it helped Americans evase taxes and paid a $780 million settlement and...
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New study finds that when private equity buys a hospital more people die in the ER
By Jeffrey A. Newman Esq.
Researchers at Harvard Medical School, University of Chicago and University of Pittsburgh have conducted a major study which concludes that the profit seeking model of private equity companies that purchase hospitals raises the costs of health care and also has negative impacts on patient...
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Russian fighter jets enter airspace of Estonia, a NATO member
According to news reports, Russian MIG-31 entered Estonian airspace today September 19, 2025 for an unusually long period, some 12 miknutes. Estonia's foreign minister called the action "unprecendentedly brazen" intrusion of Estonia a NATO country. NATO responded calling the Russian behavior an example of recklessness.
10 days ago,...
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China’s advancing plans for a Northwest Passage polar shipping Silk Road
By Jeffrey A. Newman Esq.
China is advancing on ambitious plans to create a maritime Silk Road including shipping lanes and established ports. Some of the routes include transits through the Northwest Passage which Canada has territorial claims. China's plans are designed to create much faster alternatives to existing...
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State Department offers up to $15 Million for info leading to disruption of Iran’s oil sanction evasion network
By Jeffrey A. Newman Esq.
The U.S. State Department, under the āRewards for Justiceā program, has offered up to $15 million for information that leads to the disruption of Iranās oil sanctions evasion network and the financial mechanisms of the Islamic Revolutionary Guard...
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TSMC faces potential fine over $1 Billion for violating export control regs for selling chips to Chinese companies
By Jeffrey A. Newman Esq.
Taiwan Semiconductor Manufacturing Company may face a fine of up to $1 billion or more for violating U.S. export control laws against Huawei. The Bureau of Industry and Security has reportedly been investigating the chip company after one of its chips was found in...
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Canada re-tooling its global trade policies and considering partnering with China, including its electric car makers
By Jeffrey A. Newman Esq. MBA
Canada maybe re-thinking its global trade and domestic policies by considering support of partnerships with China's electric vehicle manufacturers and other Chinese manufacturers. Canada has an advantage in that it has an abunsdant suppkly of critical minerals suitable for electric vehicle battery production....
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