Cuba’s Power Grid Collapses, Triggering Nationwide Blackout
Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
U.S. President Donald Trump is preparing an executive order that would build metals refining facilities on Pentagon military bases, aiming to boost domestic production of critical minerals and counter China’s dominance in the sector, senior administration officials told Reuters.
The move is part of a broader strategy Trump outlined to Congress last week, promising to "dramatically expand" America’s rare earth and critical mineral supply. The Pentagon would work with federal agencies to set up processing facilities on its vast land holdings, avoiding regulatory hurdles faced by private companies.
The plan does not include creating a U.S. critical minerals stockpile or a "Buy American" mandate requiring vendors to source only from domestic mines. However, it seeks to fast-track permitting for mining projects and reclassify waste rock to extract valuable minerals from old mine sites.
Trump’s strategy reflects growing concerns that China could restrict exports of key minerals used in fighter jets, submarines, and advanced weaponry. The administration has also discussed appointing a critical minerals czar to coordinate efforts.
While the Clean Air Act and Clean Water Act would still apply to Pentagon sites, it remains unclear how Trump’s plan would navigate regulatory challenges that have stalled private sector processing projects.
Trump’s approach prioritizes refining over new mining operations, which could frustrate U.S. miners but benefit manufacturers dependent on metals processing. Major industry players, including Freeport-McMoRan, hope Trump will classify copper as a strategic mineral, unlocking tax credits worth $500 million annually.
The executive order could be signed as early as Wednesday, marking a major shift in U.S. resource policy amid ongoing trade tensions with China.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
Mark Carney is Canada’s new prime minister, taking office amid a trade war with U.S. President Donald Trump.
A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
The European Union and the United States still face significant challenges in resolving trade tensions, with EU Trade Commissioner Valdis Dombrovskis stressing the need for further negotiations on key issues like tariffs, subsidies, and market access.
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