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Ukrainian Drones Damage, Set Fire To One Of Russia’s Biggest Oil Terminals On Black Sea

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Ukrainian Drones Damage, Set Fire To One Of Russia’s Biggest Oil Terminals On Black Sea

Another Ukrainian drone attack targeting Russia’s oil export infrastructure has occurred Sunday, which saw one of Russia’s main Black Sea oil ports set ablaze.

A tanker and another ship was also set ablaze at Tuapse, one of the biggest oil terminals on the Black Sea. Russian emergency services in the region said, “As a result of the drone attack on the port of Tuapse on the night of November 2, two foreign civilian ships were damaged.”

Fires at Tuapse Black Sea oil terminal, via X.

“The buildings and infrastructure of the terminal” had sustained damage, it said – though noted there were no casualties among the crews of the ships and that all fires had been extinguished.

The Tuapse Black Sea oil terminal and an oil refinery is controlled by Russia’s biggest oil company Rosneft – which has been targeted by the newest US Treasury sanctions last month.

According to Reuters, “The export-oriented Tuapse plant, which has a processing capacity of 240,000 barrels of oil per day (bpd), produces naphtha, fuel oil, vacuum gasoil and high-sulphur diesel. It mainly supplies China, Malaysia, Singapore and Turkey.”

The Russian defense ministry said that more broadly the country’s anti-air defenses were able to intercept a little over 280 drones during the assault on various regions of Russia.

Ukraine’s General Staff boasted that its drones landed five hits on the Tuapse port and oil export infrastructure. Ukrainian media has meanwhile hailed the recent attacks on Russian oil refineries and terminals as putting a sizeable dent in Moscow’s war funding:

Russia’s exports of refined fuels have dropped to levels unseen since the war began, as the country’s energy trade is hit by a combination of shutdowns at major refineries and escalating Western sanctions, according to a report by Bloomberg on Oct. 30.

Citing Vortexa Ltd. figures, the outlet reported that overall seaborne oil product shipments amounted to 1.89 million barrels a day in the first 26 days of October, marking the lowest volume recorded since early 2022.

Although diesel exports edged higher, weaker loadings of naphtha and fuel oil – particularly from the Baltic ports affected by strikes on the Ust-Luga terminal – pulled overall shipments down. Bad weather may also have slowed port activity.

Russia for its part has been punishing Ukraine in equal measure, with the month of October alone seeing hundreds of missile strikes, and over 5000 drones sent against Ukrainian cities their energy grids.

Tyler Durden
Sun, 11/02/2025 – 11:05

What To Know About The Push To ‘Lock The Clock’ On Daylight Saving Time

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What To Know About The Push To ‘Lock The Clock’ On Daylight Saving Time

Authored by Savannah Hulsey Pointer via The Epoch Times (emphasis ours),

Most of the United States will “fall back” to standard time this Sunday, Nov. 2. The majority of Americans, however, just want the twice-yearly clock change to end.

The Old Town Clock is seen in Halifax on Nov. 3, 2017. The Canadian Press/Andrew Vaughan

There has been extensive debate about whether to stop this change, or “lock the clock,” but so far, no national change has been made.

Here’s what to know about the Daylight Saving Time debate.

What Is Daylight Saving Time?

Daylight Saving Time begins on the second Sunday in March every year, and clocks are set forward by one hour, an action often referred to as “spring forward.”

The hour is gained on the first Sunday in November when Daylight Saving Time ends, and the clocks are set back one hour to “fall back.”

This is observed nationwide, with some exceptions. They are: Hawaii, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, the Virgin Islands, and most of Arizona. However, if Daylight Saving Time is observed, it is required to begin and end on the federally mandated dates. 

The practice of changing the clock twice a year has been observed since 1918, and was enacted through the Standard Time Act, which also created standard time zones.

Later, in 1966, the Uniform Time Act amended the practice to allow a state to exempt itself, or a part of itself that lies in a different time zone, from the observance of Daylight Saving Time, meaning they would have to lock their clocks on standard time. 

The rules for Daylight Saving Time changed in 2007 for the first time in over 20 years, and the amount of time for the change was lengthened in the interest of a reduction of energy consumption.

Daylight Saving Time was lengthened by about one month, now taking up 238 days, or around 65 percent, of the year.

State and National Legislation

The National Conference on State Legislatures reports that state legislatures have considered more than 750 bills and resolutions to establish year-round daylight saving time when it is allowed by federal law.

Almost every state in the union has considered some legislation in the last few years that would lock the clocks on either standard or daylight saving time. Currently, by federal law, states are not allowed to lock the clock on daylight saving time.

In the past seven years, 19 states have enacted legislation that would lock the clocks on daylight saving time—if Congress passes a law that would allow the change and if the surrounding states enact the same legislation.

Despite efforts year after year, a federal law to lock the clock on a fixed time hasn’t garnered enough support to pass Congress.

As of Oct. 28 of this year, the Senate failed to reach a consensus on the “Sunshine Protection Act,“ which would have made daylight saving time permanent, despite bipartisan support.

Sen. Rick Scott (R-Fla.) took up the charge this year, sponsoring the act. He took to the Senate floor, asking for a quick passage, given the states’ reaction to the prospect of being given the right to choose which time they’d prefer to settle on.

This bill is about states’ rights,” Scott said. “It allows the people of each state to choose what best fits their needs and the needs of their families.”

In 2022, Sen. Sheldon Whitehouse (D-R.I.) co-sponsored an identical bill, which passed the Senate but was never brought to a vote in the House.

President Donald Trump has been a strong supporter of a fixed, year-round time, as has Secretary of State Marco Rubio, who co-sponsored the 2022 legislation when he was a senator representing Florida.

What Americans Think Now

Polling from October of this year indicated that around 12 percent of adults in the United States favor the current bi-annual clock changing system.

The AP-NORC poll showed that 47 percent of Americans polled are opposed to the current plan, and about 40 percent are neutral.

However, age seems to have a strong impact on opinion, since 51 percent of young adults under the age of 30 were neutral.

When asked which they prefer, 56 percent of Americans would prefer daylight saving time year-round, with less light in the morning and more in the evening. Around 42 percent would rather have year-round standard time, with more light in the morning and less in the evening.

Of those who identified themselves as a “night person,” 61 percent preferred permanent daylight saving time, and 50 percent of those who identified themselves as a “morning person” preferred permanent standard time.

However, in the 1970s, when the United States attempted to switch to daylight saving time year-round, the planned two-year experiment was cut short after less than a year due to the public’s negative reaction.

Impact on Health

The American Academy of Sleep Medicine has taken up the position that “permanent standard time is the optimal choice for health and safety.”

According to the group, “the United States should eliminate seasonal time changes in favor of permanent standard time (ST), which aligns best with human circadian biology.”

The academy says that evidence supports the benefits of standard time.

During an April Commerce, Science, and Transportation hearing in the Senate, Dr. David Harkey, the president of the Insurance Institute for Highway Safety, testified that adjusting the clock has shown “a strong relationship between increased darkness and fatal crashes, particularly for pedestrians and bicyclists.”

Additionally, Scott Yates, the founder of the Lock the Clock Movement, testified to negative repercussions attributed to the change, and cited a 2016 study by researchers at the University of Washington, which found that the day after the March daylight saving time change, referenced as “sleepy Monday,” was the harshest sentencing day of the entire year.

Judges, like all of us, have been jolted awake an hour earlier than their bodies have been expecting,“ Yates said. ”That one seemingly harmless government mandate, dialing our clocks back one hour, means some people receive harsher sentences than they otherwise would.”

Practicing sleep medicine physician Dr. Karen Johnson also testified, citing evidence of the negative health impacts of changing the clocks, including an increased risk of chronic disease, depression, and suicide.

The sun is one of the most powerful drivers of health and well-being, but the timing of sunlight is what’s critically important,” Johnson said.

Johnson strongly advocates for permanent standard time, saying that daylight saving time would deprive Americans of critical morning light and that while the spring clock change is bad, “permanent daylight saving time is worse.”

“Permanent daylight saving time does not make days longer, nor is it the reason why people feel better in the summer,” Johnson said.

“Instead, permanent daylight saving time is a hidden mandate to wake Americans up an hour earlier, rather than to their alarm clocks or the sun.

If we called it the ‘Go to Work an Hour Earlier Act,’ rather than the ‘Sunshine Protection Act,’ no one would be voting for it.”

Tyler Durden
Sun, 11/02/2025 – 10:30

D.C. Mayor Imposes Juvenile Curfew After Mobs Of Kids Wreak Halloween Night Havoc

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D.C. Mayor Imposes Juvenile Curfew After Mobs Of Kids Wreak Halloween Night Havoc

The D.C. Mayor, who in 2020 renamed a stretch of 16th Street NW as Black Lives Matter Plaza to honor the now-discredited Marxist BLM nonprofit currently under federal investigation for alleged donor fraud, appears to have had another reality check.

Leftist Muriel Bowser declared a “limited juvenile curfew” in the nation’s capital after clashes between mobs of kids, local police, and National Guard troops erupted near the Navy Yard Metro station on Halloween night.

We are declaring a limited juvenile curfew in Washington, DC,” Bowser wrote on X on Saturday evening. 

She continued, “Effective immediately, all juveniles under the age of 18 are subject to a curfew from 11PM until 6AM, which will extend through 11/5,” adding, “This is in response to several weeks of disorderly juvenile behavior which endangered both themselves and others.” 

The DC Police Union chimed in on X, “Keep in mind earlier this week, several DC Councilmembers argued that reinstating the juvenile curfew was inappropriate because it “criminalized young people.”

The Metropolitan Police Department outlined the perimeter of the curfew zone

Mobs of lawless youth are nothing new across the D.C.-Baltimore metro area (read here & here), a region long controlled by far-left politicians who’ve robbed generations of kids of a real education (read report) while enriching the Democratic Party and its corrupt unions. This cycle of progressive destruction is financially crushing the Mid-Atlantic, particularly Maryland, as its unfolding fiscal crisis deepens. It’s time for reform. Some of the first political cracks first appeared in Maryland’s third-largest county on Friday (read the report).

Tyler Durden
Sun, 11/02/2025 – 09:55

9 People In Critical Condition After Mass Stabbing On UK Train

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9 People In Critical Condition After Mass Stabbing On UK Train

British police said 10 people have been hospitalized, nine with critical, life-threatening injuries, following a mass stabbing attack on a London-bound train Saturday evening, and that counter-terrorism police are supporting the investigation.

The attack was carried out by two unidentified suspects at 7:35pm as the Doncaster to London King’s Cross train headed south toward Huntingdon, a market town a few miles northwest of the university city of Cambridge. The two men dressed in all-black were tasered, restrained, and taken into custody by police, according to that report.

Emergency services, including armed police and air ambulances, responded quickly as the train drew into Huntingdon. The attack appears to have been contained swiftly after the train arrived at the station, and police officers wearing forensic suits, with a police dog, could be seen on the platform.

Cambridgeshire Constabulary, the local police force, said armed police attended the incident after officers were called to the scene at Huntingdon station at 7:39 p.m. on Saturday. It added that the two people were arrested at the station, which is around 75 miles (120 kilometers) north of London.

A mad rush commenced in the train during the attack, sending bloodied riders rushing down aisles and hiding in bathrooms to avoid further carnage. The life-preserving dash led to travelers being “stamped [on] by others, according to The Times of London.

One witness stated that there was “blood everywhere” after the attack, The Times of London reported.

“They were making their way through the carriage to get away from the suspects. They were extremely bloodied,” a man using the name Gavin told Sky News.

That witness stated he saw one of the attackers on the platform with a “quite a large knife.”

“The suspect had also come off the train as well. So while we were being told to come out of the station the suspect was obviously running rampant,” Gavin told Sky News.

In a statement early Sunday, British Transport Police said two individuals have been arrested in connection with the stabbings. One of them was described on social media as “two black men.

No motive for the attack has been given, but British terror cops were probing the incident.

“Ten people have been taken to hospital with nine believed to have suffered life-threatening injuries,” the statement said. “This has been declared a major incident and Counter Terrorism Policing are supporting our investigation whilst we work to establish the full circumstances and motivation for this incident.”

The police force also said that “Plato,” the national code word used by police and emergency services when responding to what could be a “marauding terror attack,” was initiated. That declaration was later rescinded but no motive for the attack was disclosed.

“We’re conducting urgent enquiries to establish what has happened, and it could take some time before we are in a position to confirm anything further,” Chief Superintendent Chris Casey said. “At this early stage it would not be appropriate to speculate on the causes of the incident.”

British Prime Minister Keir Starmer lamented the bloodshed and offered condolences in a social media post.  He did not say anything about the identity of the attackers for their motive.

“The appalling incident on a train near Huntingdon is deeply concerning. My thought are with those affected, and my thanks go to the emergency services for their response,” the British leader said on X.

Paul Bristow, the mayor of Cambridgeshire and Peterborough, said he had heard of “horrendous scenes” on the train.

London North Eastern Railway, or LNER, which operates the East Coast Mainline services in the U.K., confirmed the incident had happened on one of its trains and urged passengers not to travel because of “major disruption.”

An eyewitness to the attack said “We ran from the back of the train to the end as everyone was screaming to run, explaining there was somebody stabbing everyone and everything.” His conclusion recaps how so many Brits are feeling in a country they can no longer recognize, overrun with illegal immigrants: “Knowing somebody has weapons and you have nothing, knowing they’re willing to strike woman and I think children. It wasn’t the England I grew up in.”

A hero older man blocked a knife-wielding attacker from stabbing a younger girl as victims fought back with a bottle of Jack Daniels during Saturday’s UK train attack, according to a report. The unidentified man suffered gashes to his head and neck while preventing the train attackers from slaughtering a youngster on the blood-soaked LREN train from Peterborough to London, Witness Olly Foster told the BBC.

Tyler Durden
Sun, 11/02/2025 – 00:44

Gabbard Says Trump Has Ended America’s Era Of ‘Regime Change’

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Gabbard Says Trump Has Ended America’s Era Of ‘Regime Change’

Authored by Tom Ozimek via The Epoch Times (emphasis ours),

Tulsi Gabbard, the U.S. national intelligence director, said on Oct. 31 that America’s former strategy of “regime change or nation building” had ended under President Donald Trump, with Gabbard describing the previous practice as counterproductive and wasteful of taxpayer resources.

Director of National Intelligence Tulsi Gabbard speaks to reporters during a briefing at the White House in Washington on July 23, 2025. Travis Gillmore/The Epoch Times

“For decades, our foreign policy has been trapped in a counterproductive and endless cycle of regime change or nation building,” Gabbard said. “It was a one-size-fits-all approach, of toppling regimes, trying to impose our system of governance on others, intervene in conflicts that were barely understood and walk away with more enemies than allies.”

“The results: Trillions spent, countless lives lost and in many cases, the creation of greater security threats,” said Gabbard, a former congresswoman from Hawaii and U.S. Army National Guard veteran.

Gabbard’s comments echoed Trump’s message earlier this year in Riyadh, Saudi Arabia, where he declared that the era of U.S. “nation-building” was over and that America would no longer impose its system of governance abroad.

“In the end the so-called nation-builders wrecked far more nations than they built, and the interventionalists were intervening in complex societies that they did not even understand themselves,” Trump said. “Peace, prosperity, and progress ultimately came not from a radical rejection of your heritage, but rather from embracing your national traditions. … You achieved a modern miracle the Arabian way.”

Trump praised the Gulf states as “forging a future where the Middle East is defined by commerce, not chaos,” contrasting their success with failed U.S. interventions in Afghanistan and Iraq, criticizing “so-called nation-builders, neocons or liberal nonprofits like those who spend trillions and trillions of dollars failing to develop Kabul, Baghdad, so many other cities.”

Gabbard’s remarks in Bahrain further cemented what is shaping up to be a hallmark of Trump’s second-term foreign policy—a break from the interventionism of prior administrations in favor of economic cooperation, regional partnerships, and selective use of force.

In a recent assessment for the Hoover Institution, former U.S. Ambassador to Iraq and Turkey James Jeffrey wrote that Trump’s Middle East policy “is not isolationist focused on resolving major international problems.” The administration, he said, considers the Middle East a continuing priority, seeking to expand the Abraham Accords of Trump’s first administration and entrench regional stability amid Iran’s diminished leverage.

“Together, these trends aim at aligning Israel with Arab states and creating regional stability that will still require American engagement but not major resources or the risk of war,” Jeffrey wrote.

Jeffrey wrote that Trump’s speech in Riyadh represented “a dramatic shift” in U.S. policy, that he sees as resting on three principles: rejection of American interference in other nations’ internal affairs; reliance on local actors to advance stability; and focus on business opportunities that serve both U.S. and regional interests.

In Trump’s second term, those principles appear to have guided Washington’s approach to securing a cease-fire that halted the Israel–Hamas war in Gaza and to ending Israel’s 12-day conflict with Iran after U.S. bombers struck Iranian nuclear sites.

During her speech in Bahrain, Gabbard said that the Gaza cease-fire remains “fragile” and that Iran’s nuclear activity is again drawing scrutiny from the International Atomic Energy Agency.

“The road ahead will not be simple or easy,” Gabbard said. “But the president is very committed down this road.”

The Associated Press contributed to this report.

Tyler Durden
Sat, 11/01/2025 – 23:30

$124 Trillion And Counting… These Are The World’s Largest Economies

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$124 Trillion And Counting… These Are The World’s Largest Economies

The 2026 world economy has a cautious outlook, according to the October report put out by the International Monetary Fund (IMF).

The organization says that global growth is slowing amid fragmentation and rising protectionism. Significant downside risks are present, ranging from a potential tech stock repricing to eroding institutional independence which could weaken policy decisions.

Nevertheless, in the chart below, Visual Capitalist’s Pallavia Rao takes his annual look at every country’s GDP breakdown, using 2026 projections from the IMF’s datamapper, as of October 2025.

It tracks the size of each economy in current-dollar terms.

The U.S. is the Largest Economy in the World

At first place for the last 100 years, and destined to perhaps continue for the next 100?

The American economy is expected to reach $31.8 trillion in GDP by 2026. This is roughly the size of China (2nd), Germany (3rd), and India (4th) combined.

Rank Region/Country GDP (Billions USD, 2026)
1 🇺🇸 U.S. $31,821.29
2 🇨🇳 China $20,650.75
3 🇩🇪 Germany $5,328.18
4 🇮🇳 India $4,505.63
5 🇯🇵 Japan $4,463.63
6 🇬🇧 UK $4,225.64
7 🇫🇷 France $3,558.56
8 🇮🇹 Italy $2,701.54
9 🇷🇺 Russia $2,509.42
10 🇨🇦 Canada $2,420.84
11 🇧🇷 Brazil $2,292.69
12 🇪🇸 Spain $2,041.83
13 🇲🇽 Mexico $2,031.00
14 🇦🇺 Australia $1,948.23
15 🇰🇷 South Korea $1,936.62
16 🇹🇷 Türkiye $1,576.11
17 🇮🇩 Indonesia $1,550.24
18 🇳🇱 Netherlands $1,413.08
19 🇸🇦 Saudi Arabia $1,316.25
20 🇵🇱 Poland $1,109.96
21 🇨🇭 Switzerland $1,074.59
22 🇹🇼 Taiwan $971.45
23 🇧🇪 Belgium $761.17
24 🇮🇪 Ireland $750.11
25 🇸🇪 Sweden $711.50
26 🇦🇷 Argentina $667.92
27 🇮🇱 Israel $666.41
28 🇸🇬 Singapore $606.23
29 🇦🇹 Austria $604.20
30 🇦🇪 UAE $601.16
31 🇹🇭 Thailand $561.51
32 🇳🇴 Norway $547.69
33 🇵🇭 Philippines $533.92
34 🇧🇩 Bangladesh $519.29
35 🇻🇳 Vietnam $511.06
36 🇲🇾 Malaysia $505.36
37 🇩🇰 Denmark $500.05
38 🇨🇴 Colombia $462.25
39 🇭🇰 Hong Kong $446.65
40 🇷🇴 Romania $444.81
41 🇿🇦 South Africa $443.64
42 🇨🇿 Czech Republic $417.13
43 🇪🇬 Egypt $399.51
44 🇮🇷 Iran $375.64
45 🇵🇹 Portugal $364.53
46 🇨🇱 Chile $363.30
47 🇫🇮 Finland $335.53
48 🇳🇬 Nigeria $334.34
49 🇵🇪 Peru $326.61
50 🇰🇿 Kazakhstan $319.77
51 🇬🇷 Greece $304.84
52 🇩🇿 Algeria $284.98
53 🇳🇿 New Zealand $280.55
54 🇮🇶 Iraq $273.91
55 🇭🇺 Hungary $269.92
56 🇶🇦 Qatar $239.14
57 🇺🇦 Ukraine $224.26
58 🇲🇦 Morocco $196.12
59 🇸🇰 Slovak Republic $167.73
60 🇰🇼 Kuwait $162.90
61 🇺🇿 Uzbekistan $159.20
62 🇧🇬 Bulgaria $142.20
63 🇰🇪 Kenya $140.87
64 🇩🇴 Dominican Republic $138.34
65 🇪🇨 Ecuador $134.71
66 🇬🇹 Guatemala $129.47
67 🇵🇷 Puerto Rico $129.19
68 🇪🇹 Ethiopia $125.74
69 🇬🇭 Ghana $113.49
70 🇭🇷 Croatia $113.13
71 🇷🇸 Serbia $112.11
72 🇨🇮 Côte d’Ivoire $111.45
73 🇦🇴 Angola $109.86
74 🇨🇷 Costa Rica $109.14
75 🇴🇲 Oman $108.91
76 🇱🇺 Luxembourg $107.76
77 🇱🇹 Lithuania $104.65
78 🇵🇦 Panama $95.91
79 🇹🇿 Tanzania $95.35
80 🇺🇾 Uruguay $90.64
81 🇧🇾 Belarus $90.56
82 🇨🇩 DRC $88.13
83 🇸🇮 Slovenia $85.74
84 🇦🇿 Azerbaijan $80.02
85 🇻🇪 Venezuela $79.92
86 🇹🇲 Turkmenistan $76.90
87 🇺🇬 Uganda $72.46
88 🇨🇲 Cameroon $67.52
89 🇲🇲 Myanmar $65.17
90 🇹🇳 Tunisia $60.43
91 🇯🇴 Jordan $59.29
92 🇿🇼 Zimbabwe $55.43
93 🇲🇴 Macao SAR $54.94
94 🇱🇻 Latvia $52.25
95 🇵🇾 Paraguay $51.67
96 🇰🇭 Cambodia $51.51
97 🇪🇪 Estonia $51.04
98 🇧🇭 Bahrain $49.19
99 🇱🇾 Libya $49.16
100 🇳🇵 Nepal $49.11
101 🇮🇸 Iceland $43.40
102 🇨🇾 Cyprus $43.16
103 🇭🇳 Honduras $40.82
104 🇬🇪 Georgia $40.18
105 🇸🇳 Senegal $39.99
106 🇸🇩 Sudan $39.47
107 🇸🇻 El Salvador $37.98
108 🇧🇦 Bosnia & Herzegovina $36.24
109 🇿🇲 Zambia $33.95
110 🇵🇬 Papua New Guinea $33.46
111 🇦🇱 Albania $32.41
112 🇭🇹 Haiti $31.10
113 🇬🇳 Guinea $30.92
114 🇧🇫 Burkina Faso $30.71
115 🇲🇹 Malta $30.44
116 🇦🇲 Armenia $29.08
117 🇲🇱 Mali $28.48
118 🇬🇾 Guyana $27.49
119 🇧🇯 Benin $27.45
120 🇹🇹 Trinidad & Tobago $26.76
121 🇲🇳 Mongolia $26.52
122 🇲🇿 Mozambique $26.51
123 🇳🇪 Niger $26.11
124 🇯🇲 Jamaica $24.13
125 🇹🇩 Chad $23.56
126 🇬🇦 Gabon $22.73
127 🇳🇮 Nicaragua $21.86
128 🇰🇬 Kyrgyz Republic $21.56
129 🇲🇬 Madagascar $21.09
130 🇲🇩 Moldova $21.02
131 🇲🇰 North Macedonia $20.75
132 🇧🇼 Botswana $20.71
133 🇹🇯 Tajikistan $18.94
134 🇲🇼 Malawi $17.86
135 🇱🇦 Lao P.D.R. $17.78
136 🇾🇪 Yemen $17.24
137 🇨🇬 Congo $16.95
138 🇧🇸 The Bahamas $16.84
139 🇲🇺 Mauritius $16.76
140 🇧🇳 Brunei Darussalam $16.46
141 🇳🇦 Namibia $16.10
142 🇷🇼 Rwanda $15.47
143 🇬🇶 Equatorial Guinea $14.10
144 🇽🇰 Kosovo $14.10
145 🇸🇴 Somalia $13.91
146 🇲🇷 Mauritania $12.85
147 🇹🇬 Togo $12.18
148 🇲🇪 Montenegro $10.23
149 🇱🇮 Liechtenstein $10.12
150 🇸🇱 Sierra Leone $9.30
151 🇧🇮 Burundi $9.21
152 🇲🇻 Maldives $8.22
153 🇧🇧 Barbados $7.94
154 🇫🇯 Fiji $6.70
155 🇸🇸 South Sudan $6.03
156 🇱🇷 Liberia $5.59
157 🇸🇿 Eswatini $5.50
158 🇩🇯 Djibouti $5.00
159 🇸🇷 Suriname $4.87
160 🇦🇩 Andorra $4.72
161 🇦🇼 Aruba $4.47
162 🇧🇹 Bhutan $3.77
163 🇨🇫 Central African Republic $3.71
164 🇧🇿 Belize $3.44
165 🇨🇻 Cabo Verde $3.14
166 🇱🇨 Saint Lucia $2.77
167 🇬🇼 Guinea-Bissau $2.76
168 🇬🇲 Gambia, The $2.67
169 🇱🇸 Lesotho $2.47
170 🇦🇬 Antigua and Barbuda $2.46
171 🇸🇲 San Marino $2.39
172 🇸🇨 Seychelles $2.25
173 🇹🇱 Timor-Leste $2.21
174 🇸🇧 Solomon Islands $2.05
175 🇰🇲 Comoros $1.77
176 🇬🇩 Grenada $1.52
177 🇼🇸 Samoa $1.33
178 🇻🇨 Saint Vincent & the Grenadines $1.30
179 🇰🇳 Saint Kitts & Nevis $1.19
180 🇻🇺 Vanuatu $1.18
181 🇸🇹 São Tomé & Príncipe $1.13
182 🇩🇲 Dominica $0.79
183 🇹🇴 Tonga $0.62
184 🇫🇲 Micronesia $0.52
185 🇵🇼 Palau $0.36
186 🇰🇮 Kiribati $0.34
187 🇲🇭 Marshall Islands $0.33
188 🇳🇷 Nauru $0.18
189 🇹🇻 Tuvalu $0.06
N/A 🌍 World $123,584.49

A somewhat resilient labor market and continued consumer spending underpin this dominance.

However its growth projections have been revised downward since this time last year after trade wars rattled global markets and contributed to rising prices for the world’s largest consumer economy.

ℹ️ Related: Check out this breakdown of America’s $19 trillion consumer economy.

Meanwhile, China’s GDP is projected at $20.7 trillion, 35% below the U.S. total but still threefold that of the third-ranked Germany.

Structural headwinds—from an aging population to a tepid property market—are cooling GDP growth to the 4% range, the slowest multi-year pace in four decades.

Added disruption from tariffs on Chinese goods will also affect the world’s largest export sector.

ℹ️ Related: Check out the World’s 30 Largest Export Countries.

India ($4.5 trillion) is on track to hold on to fourth place after leapfrogging Japan in 2025, helped by its domestic demand. Elsewhere, Indonesia and Türkiye edge up the list, illustrating the demographic advantage and policy reforms of many mid-income nations.

A Regional Breakdown of Global GDP

Asia pips North America as the world’s largest economic region.

With China, Japan, and India, the region has a slight advantage over the U.S. and Canada.

Europe ranks third by GDP, followed by the Middle East, South America, Africa, and finally, Oceania.

Ranked: Countries by GDP per Capita in 2026

The top three richest countries (by GDP per Capita) are also unchanged: Luxembourg ($154,115), Ireland, ($135,247), and Switzerland ($118,173).

All three benefit from significant foreign inflows that boost their economies relative to their population.

Rank Country ISO Region GDP Per Capita 2026
1 🇱🇺 Luxembourg LUX Europe $154,115
2 🇮🇪 Ireland IRL Europe $135,247
3 🇨🇭 Switzerland CHE Europe $118,173
4 🇮🇸 Iceland ISL Europe $108,591
5 🇸🇬 Singapore SGP Asia $99,042
6 🇳🇴 Norway NOR Europe $96,580
7 🇺🇸 U.S. USA North America $92,883
8 🇩🇰 Denmark DNK Europe $82,706
9 🇳🇱 Netherlands NLD Europe $77,881
10 🇲🇴 Macao MAC Asia $77,443
11 🇶🇦 Qatar QAT Middle East $76,534
12 🇸🇲 San Marino SMR Europe $69,493
13 🇦🇺 Australia AUS Oceania $69,358
14 🇸🇪 Sweden SWE Europe $66,124
15 🇦🇹 Austria AUT Europe $65,640
16 🇮🇱 Israel ISR Middle East $64,275
17 🇧🇪 Belgium BEL Europe $63,896
18 🇩🇪 Germany DEU Europe $63,600
19 🇬🇧 UK GBR Europe $60,011
20 🇫🇮 Finland FIN Europe $59,750
21 🇭🇰 Hong Kong HKG Asia $58,999
22 🇨🇦 Canada CAN North America $58,244
23 🇦🇪 UAE ARE Middle East $53,842
24 🇲🇹 Malta MLT Europe $53,082
25 🇳🇿 New Zealand NZL Oceania $52,181
26 🇫🇷 France FRA Europe $51,708
27 🇦🇩 Andorra AND Europe $51,681
28 🇮🇹 Italy ITA Europe $45,883
29 🇨🇾 Cyprus CYP Europe $45,601
30 🇹🇼 Taiwan, China TWN Asia $41,586
31 🇦🇼 Aruba ABW South America $41,026
32 🇵🇷 Puerto Rico PRI North America $40,707
33 🇪🇸 Spain ESP Europe $40,582
34 🇧🇸 The Bahamas BHS North America $40,409
35 🇸🇮 Slovenia SVN Europe $40,164
36 🇨🇿 Czech Republic CZE Europe $38,373
37 🇰🇷 South Korea KOR Asia $37,523
38 🇪🇪 Estonia EST Europe $37,195
39 🇯🇵 Japan JPN Asia $36,391
40 🇱🇹 Lithuania LTU Europe $36,225
41 🇸🇦 Saudi Arabia SAU Middle East $35,839
42 🇧🇳 Brunei BRN Asia $35,414
43 🇬🇾 Guyana GUY South America $34,307
44 🇵🇹 Portugal PRT Europe $33,972
45 🇰🇼 Kuwait KWT Middle East $31,242
46 🇸🇰 Slovakia SVK Europe $31,026
47 🇵🇱 Poland POL Europe $30,651
48 🇧🇭 Bahrain BHR Middle East $29,778
49 🇬🇷 Greece GRC Europe $29,412
50 🇭🇷 Croatia HRV Europe $29,368
51 🇭🇺 Hungary HUN Europe $28,304
52 🇱🇻 Latvia LVA Europe $28,024
53 🇧🇧 Barbados BRB North America $27,175
54 🇺🇾 Uruguay URY South America $26,041
55 🇷🇴 Romania ROU Europe $23,768
56 🇦🇬 Antigua
& Barbuda
ATG North America $23,117
57 🇰🇳 Saint Kitts
& Nevis
KNA North America $23,071
58 🇧🇬 Bulgaria BGR Europe $22,896
59 🇸🇨 Seychelles SYC Africa $21,940
60 🇵🇦 Panama PAN North America $20,754
61 🇵🇼 Palau PLW Oceania $20,718
62 🇨🇷 Costa Rica CRI North America $20,134
63 🇲🇻 Maldives MDV Asia $19,682
64 🇴🇲 Oman OMN Middle East $19,182
65 🇹🇹 Trinidad
& Tobago
TTO North America $18,562
66 🇹🇷 Türkiye TUR Middle East $18,232
67 🇨🇱 Chile CHL South America $17,876
68 🇷🇸 Serbia SRB Europe $17,292
69 🇷🇺 Russia RUS Europe $17,287
70 🇲🇪 Montenegro MNE Europe $16,380
71 🇰🇿 Kazakhstan KAZ Asia $15,527
72 🇱🇨 Saint Lucia LCA North America $15,163
73 🇲🇽 Mexico MEX North America $15,111
74 🇳🇷 Nauru NRU Oceania $14,959
75 🇲🇾 Malaysia MYS Asia $14,762
76 🇨🇳 China CHN Asia $14,730
77 🇦🇷 Argentina ARG South America $13,895
78 🇲🇺 Mauritius MUS Africa $13,362
79 🇬🇩 Grenada GRD North America $13,041
80 🇩🇴 Dominican Republic DOM North America $12,605
81 🇦🇱 Albania ALB Europe $12,147
82 🇻🇨 Saint Vincent
& the Grenadines
VCT North America $11,663
83 🇲🇰 North Macedonia MKD Europe $11,527
84 🇹🇲 Turkmenistan TKM Asia $11,387
85 🇬🇪 Georgia GEO Europe $10,886
86 🇧🇷 Brazil BRA South America $10,709
87 🇧🇦 Bosnia
& Herzegovina
BIH Europe $10,546
88 🇩🇲 Dominica DMA North America $10,459
89 🇧🇾 Belarus BLR Europe $10,016
90 🇬🇦 Gabon GAB Africa $9,647
91 🇵🇪 Peru PER South America $9,398
92 🇦🇲 Armenia ARM Europe $9,393
93 🇲🇭 Marshall Islands MHL Oceania $9,391
94 🇲🇩 Moldova MDA Europe $8,984
95 🇽🇰 Kosovo XKX Europe $8,972
96 🇯🇲 Jamaica JAM North America $8,756
97 🇨🇴 Colombia COL South America $8,644
98 🇬🇶 Equatorial Guinea GNQ Africa $8,378
99 🇧🇿 Belize BLZ North America $8,116
100 🇹🇭 Thailand THA Asia $7,979
101 🇦🇿 Azerbaijan AZE Europe $7,624
102 🇪🇨 Ecuador ECU South America $7,384
103 🇧🇼 Botswana BWA Africa $7,379
104 🇵🇾 Paraguay PRY South America $7,324
105 🇲🇳 Mongolia MNG Asia $7,320
106 🇸🇷 Suriname SUR South America $7,300
107 🇫🇯 Fiji FJI Oceania $7,170
108 🇱🇾 Libya LBY Africa $6,972
109 🇬🇹 Guatemala GTM North America $6,851
110 🇿🇦 South Africa ZAF Africa $6,835
111 🇺🇦 Ukraine UKR Europe $6,718
112 🇼🇸 Samoa WSM Oceania $6,253
113 🇹🇴 Tonga TON Oceania $6,221
114 🇹🇻 Tuvalu TUV Oceania $6,137
115 🇨🇻 Cabo Verde CPV Africa $6,069
116 🇩🇿 Algeria DZA Africa $5,956
117 🇸🇻 El Salvador SLV North America $5,933
118 🇮🇶 Iraq IRQ Middle East $5,873
119 🇫🇲 Micronesia FSM Oceania $5,492
120 🇮🇩 Indonesia IDN Asia $5,398
121 🇳🇦 Namibia NAM Africa $5,182
122 🇲🇦 Morocco MAR Africa $5,154
123 🇯🇴 Jordan JOR Middle East $5,149
124 🇻🇳 Vietnam VNM Asia $4,965
125 🇹🇳 Tunisia TUN Africa $4,826
126 🇧🇹 Bhutan BTN Asia $4,710
127 🇩🇯 Djibouti DJI Africa $4,681
128 🇵🇭 Philippines PHL Asia $4,619
129 🇸🇿 Eswatini SWZ Africa $4,610
130 🇸🇹 São Tomé
& Príncipe
STP Africa $4,591
131 🇮🇷 Iran IRN Middle East $4,250
132 🇺🇿 Uzbekistan UZB Asia $4,136
133 🇭🇳 Honduras HND North America $3,699
134 🇪🇬 Egypt EGY Africa $3,579
135 🇨🇮 Côte d’Ivoire CIV Africa $3,294
136 🇻🇺 Vanuatu VUT Oceania $3,185
137 🇬🇭 Ghana GHA Africa $3,179
138 🇿🇼 Zimbabwe ZWE Africa $3,127
139 🇳🇮 Nicaragua NIC North America $3,084
140 🇮🇳 India IND Asia $3,051
141 🇻🇪 Venezuela VEN South America $2,972
142 🇧🇩 Bangladesh BGD Asia $2,960
143 🇰🇭 Cambodia KHM Asia $2,939
144 🇰🇬 Kyrgyzstan KGZ Asia $2,925
145 🇲🇷 Mauritania MRT Africa $2,717
146 🇦🇴 Angola AGO Africa $2,701
147 🇰🇮 Kiribati KIR Oceania $2,615
148 🇰🇪 Kenya KEN Africa $2,596
149 🇵🇬 Papua New Guinea PNG Oceania $2,560
150 🇨🇬 Republic of Congo COG Africa $2,542
151 🇸🇧 Solomon Islands SLB Oceania $2,522
152 🇭🇹 Haiti HTI North America $2,444
153 🇱🇦 Laos LAO Asia $2,254
154 🇨🇲 Cameroon CMR Africa $2,195
155 🇸🇳 Senegal SEN Africa $2,030
156 🇬🇳 Guinea GIN Africa $1,909
157 🇰🇲 Comoros COM Africa $1,904
158 🇹🇯 Tajikistan TJK Asia $1,799
159 🇧🇯 Benin BEN Africa $1,788
160 🇳🇵 Nepal NPL Asia $1,658
161 🇹🇱 Timor-Leste TLS Asia $1,547
162 🇿🇲 Zambia ZMB Africa $1,523
163 🇺🇬 Uganda UGA Africa $1,458
164 🇹🇿 Tanzania TZA Africa $1,378
165 🇳🇬 Nigeria NGA Africa $1,378
166 🇬🇼 Guinea-Bissau GNB Africa $1,342
167 🇧🇫 Burkina Faso BFA Africa $1,246
168 🇹🇬 Togo TGO Africa $1,215
169 🇹🇩 Chad TCD Africa $1,209
170 🇲🇲 Myanmar MMR Asia $1,176
171 🇪🇹 Ethiopia ETH Africa $1,124
172 🇲🇱 Mali MLI Africa $1,094
173 🇷🇼 Rwanda RWA Africa $1,069
174 🇸🇱 Sierra Leone SLE Africa $1,033
175 🇱🇸 Lesotho LSO Africa $1,024
176 🇱🇷 Liberia LBR Africa $956
177 🇬🇲 Gambia, The GMB Africa $925
178 🇳🇪 Niger NER Africa $864
179 🇨🇩 DR Congo COD Africa $801
180 🇸🇴 Somalia SOM Africa $798
181 🇸🇩 Sudan SDN Africa $763
182 🇲🇼 Malawi MWI Africa $721
183 🇲🇿 Mozambique MOZ Africa $720
184 🇲🇬 Madagascar MDG Africa $653
185 🇨🇫 Central African Republic CAF Africa $651
186 🇧🇮 Burundi BDI Africa $618
187 🇾🇪 Yemen YEM Middle East $401
188 🇸🇸 South Sudan SSD Africa $369
N/A 🌍 World WRLD World $15,280

Notably, European countries take up half of the top 20 spots, indicating the region’s overall standard of living.

And on the other end, 17 African countries are in the top 20 poorest countries by GDP per capita.

If you enjoyed today’s post, check out A Visual Breakdown of Where Economic Power Lies on Voronoi, the new app from Visual Capitalist.

Tyler Durden
Sat, 11/01/2025 – 22:55

Ohio Sec. Of State Refers 1,084 Cases Of Suspected Fraudulent Voter Registration to DOJ

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Ohio Sec. Of State Refers 1,084 Cases Of Suspected Fraudulent Voter Registration to DOJ

Via American Greatness,

Ohio Secretary of State Frank LaRose says he’s found 1,084 alleged cases of noncitizens who appear registered to vote and is referring them to the U.S. Department of Justice (DOJ) after county prosecutors failed to act.

LaRose said his office has also uncovered instances of 167 people who have allegedly voted in a federal election as far back as  2018.

“In these cases, the county prosecutor has decided for whatever reason not to take them up. In some cases they’ve been referred to the attorney general as well, and we’re sending them along to the federal government to see if they want to prosecute these cases,” LaRose said.

LaRose had asked county prosecutors to act on 633 cases of suspected voter fraud last year but prosecutors took up just 12 of them, saying the others lacked evidence to pursue indictments.

The number of election fraud allegations in Ohio are a direct challenge to Democrat claims that noncitizens registering to vote in U.S. elections never happens.

Secretary LaRose gave credit to a special investigative unit in his office for uncovering the cases, although he noted that, while unusual, there does not appear to be a pattern to them.

LaRose stated:

What we know is that noncitizens registering is exceedingly rare. It’s even more rare for noncitizens to actually cast a ballot, especially now that we’ve got a really good process in place for identifying that at the time of registration and checking for that. But in some cases it has happened. And we’re talking about hundreds of cases, not thousands and thousands of cases.

press release from LaRose’s office says the Ohio Sec. of State is also referring to the DOJ, 99 individuals who appear to have voted in two states in the same federal election, 16 individuals who appear to have voted twice in Ohio in the same federal election and 14 individuals who appear to have voted in a federal election after the date of their deaths.

Four individuals also are suspected of ballot harvesting and 2 individuals appear to have registered to vote at a residence where they were not entitled to register.

In his letter to the DOJ Criminal Division, LaRose wrote:

I have made numerous criminal referrals throughout my administration, with much of the evidence related to unlawful registration and voting activity. These cases have encountered varying degrees of adjudication from Ohio’s 88 county prosecutors. We now have an executive administration at the White House and the Department of Justice that has expressed an interest in actively reviewing and potentially prosecuting evidence of federal election crimes.

The Secretary’s letter also gives credit to constructive feedback from state and local prosecutors in helping his office improve the quality of evidence referred for investigation.

Tyler Durden
Sat, 11/01/2025 – 22:20

Where US Families Are Most Strained By Debt

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Where US Families Are Most Strained By Debt

Americans are always worrying about debt: their own and their government’s.

This visualization, via Visual Capitalist’s Pallavi Rao, maps each state by their household debt-to-income ratios (DTI) in Q1, 2025, revealing which states carry the heaviest burdens and which ones keep borrowing in check.

Data for this visualization comes from the Federal Reserve. The highest ratio is visualized per state.

ℹ️ Debt includes mortgages, autos, credit cards, etc., and excludes student loans. Income is based on unemployment insurance-covered wages, as reported to the Bureau of Labor Statistics.

Which States Carry the Most Debt?

Two states share the top spot: Idaho and Hawaii both post a DTI of 2.06, meaning households owe just over twice their annual after-tax income.

Rank State State Code Debt-to-Income Ratio (2025) Debt-to-Income Ratio (1999) 1999–2025 Change
1 Idaho ID 2.06 1.50 0.56
2 Hawaii HI 2.06 2.06 0.00
3 Arizona AZ 1.84 1.40 0.44
4 Colorado CO 1.84 1.40 0.44
5 Utah UT 1.84 1.40 0.44
6 Maryland MD 1.84 1.72 0.12
7 South Carolina SC 1.72 1.32 0.40
8 Nevada NV 1.72 1.40 0.32
9 Oregon OR 1.72 1.40 0.32
10 Florida FL 1.72 1.60 0.12
11 Delaware DE 1.60 1.11 0.49
12 Montana MT 1.60 1.32 0.28
13 Rhode Island RI 1.60 1.32 0.28
14 Virginia VA 1.60 1.40 0.20
15 California CA 1.60 1.72 -0.12
16 Wyoming WY 1.50 1.11 0.39
17 Georgia GA 1.50 1.24 0.26
18 Maine ME 1.50 1.24 0.26
19 North Carolina NC 1.50 1.24 0.26
20 New Mexico NM 1.50 1.50 0.00
21 Washington WA 1.50 1.50 0.00
22 Mississippi MS 1.40 1.11 0.29
23 New Hampshire NH 1.40 1.24 0.16
24 New Jersey NJ 1.40 1.24 0.16
25 Tennessee TN 1.40 1.24 0.16
26 Alaska AK 1.40 1.32 0.08
27 Alabama AL 1.32 1.11 0.21
28 Louisiana LA 1.32 1.11 0.21
29 Oklahoma OK 1.32 1.11 0.21
30 Vermont VT 1.32 1.24 0.08
31 Arkansas AR 1.24 1.11 0.13
32 Indiana IN 1.24 1.11 0.13
33 Iowa IA 1.24 1.11 0.13
34 Kentucky KY 1.24 1.11 0.13
35 Massachusetts MA 1.24 1.11 0.13
36 Michigan MI 1.24 1.11 0.13
37 Minnesota MN 1.24 1.11 0.13
38 Missouri MO 1.24 1.11 0.13
39 Nebraska NE 1.24 1.11 0.13
40 South Dakota SD 1.24 1.11 0.13
41 Texas TX 1.24 1.11 0.13
42 West Virginia WV 1.24 1.11 0.13
43 Wisconsin WI 1.24 1.11 0.13
44 Connecticut CT 1.11 1.11 0.00
45 District of Columbia DC 1.11 1.11 0.00
46 Illinois IL 1.11 1.11 0.00
47 Kansas KS 1.11 1.11 0.00
48 New York NY 1.11 1.11 0.00
49 North Dakota ND 1.11 1.11 0.00
50 Ohio OH 1.11 1.11 0.00
51 Pennsylvania PA 1.11 1.11 0.00

In Hawaii’s case, elevated housing costs push mortgage balances sky-high. In Idaho, a surge of migrants since 2020 has driven up home prices and left many newcomers with large, fresh mortgages.

Rounding out the top five are Arizona, Colorado, and Utah (all 1.84). Once again, fast-growing markets where rising prices and younger populations translate into higher leverage.

ℹ️ Related: Hawaii has the fifth-lowest homeownership rate in the country.

States With the Lowest Household Debt

At the other end of the spectrum, Pennsylvania, Ohio, and North Dakota come in at just 1.11.

Many low-debt states share three traits. They have lower housing costs, older homeowner bases with significant equity, and slower population growth that tempers new borrowing.

However, even high-income states like Connecticut and the District of Columbia can land in this cohort thanks to well-paid residents who keep balances in check.

The gap underscores how regional housing dynamics, more than incomes alone, dictate household debt.

Finally, due to how this ratio is calculated, younger households’ true burden may be understated (student loan exclusion).

At the same time, the income measure is unemployment insurance-covered wages wages (not total personal income), which can overstate the ratio in high-capital-income areas (e.g., states with finance-heavy metros).

If you enjoyed today’s post, check out Visualizing Government Debt-to-GDP Around the World on Voronoi, the new app from Visual Capitalist.

Tyler Durden
Sat, 11/01/2025 – 21:45

Ben & Jerry’s Co-Founder Accuses Unilever Of Blocking Palestinian-Themed Ice Cream

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Ben & Jerry’s Co-Founder Accuses Unilever Of Blocking Palestinian-Themed Ice Cream

Authored by Naveen Athrappully via The Epoch Times,

Ben & Jerry’s was blocked by its parent company, Unilever, from creating a Palestinian-themed ice cream, the company’s co-founder, Ben Cohen, said in an Oct. 28 video post on Instagram.

“A while back, Ben and Jerry’s tried to make a flavor to call for peace in Palestine, to stand for justice and dignity for everyone, like Ben and Jerry’s always has. But they weren’t allowed to. They were stopped by Unilever/Magnum, the company that owns Ben and Jerry’s. Just like when Ben and Jerry’s tried to stop selling ice cream in the occupied territories, they were blocked again by their parent company,” Cohen said in the video.

“So, I’m doing what they couldn’t. I’m making a watermelon-flavored ice cream that calls for permanent peace in Palestine and calls for repairing all the damage that was done there.”

Watermelon is symbolically linked to the Palestinians since the fruit comes in the same colors—red, black, and green—as seen on the Palestinian flag. They are also commonly grown in the region.

Cohen called on people to come up with the ingredients for the ice cream and a name for the product.

Ben & Jerry’s operates as a wholly owned subsidiary of The Magnum Ice Cream Company, the largest ice cream company in the world. Magnum is a Unilever brand that operates as a standalone company, with the demerger process between the two currently underway.

In an emailed statement to The Epoch Times, a spokesperson for Magnum said that the proposal for a flavor in support of Palestine was made by members of Ben & Jerry’s board of directors this summer.

“The independent members of Ben & Jerry’s Board are not, and have never been, responsible for the Ben & Jerry’s commercial strategy and execution. Recommendations are considered by Ben & Jerry’s leadership, and Ben & Jerry’s management has determined it is not the right time to invest in developing this product,” said the spokesperson.

Ben & Jerry’s has a history of supporting various causes, including LGBT activism, Black Lives Matter, and immigration. The company’s activism has been a point of conflict with Unilever.

In 2021, Ben & Jerry’s decided to stop selling ice cream in Israeli settlements located in East Jerusalem and the West Bank regions. In 2022, Unilever resolved the matter by selling the ice cream brand’s Israeli business rights to a local company.

In November 2024, Ben & Jerry’s filed a lawsuit against Unilever, accusing the parent company of suppressing free speech. In an amended complaint filed in March, the ice cream brand said Unilever removed its CEO, David Stever, as retaliation for the company’s activism.

Last month, Jerry Greenfield, the other co-founder of Ben & Jerry’s, resigned from his role as the company’s brand ambassador, accusing Unilever of silencing their activism.

In a statement to The Epoch Times following the resignation, a spokesperson for The Magnum Ice Cream Company dismissed Greenfield’s allegations.

“We disagree with his perspective and have sought to engage both co-founders in a constructive conversation on how to strengthen Ben & Jerry’s powerful values-based position in the world,” the spokesperson said.

‘Divisive Political Activism’

Ben & Jerry’s has faced criticism from Jewish groups for its characterization of the Israel-Gaza conflict.

In a May 30 statement, the Anti-Defamation League (ADL)—a group that combats anti-Semitism—and JLens, a Registered Investment Advisor (RIA) and Jewish values-based investor network, condemned a statement made by the independent board of Ben & Jerry’s on Israel’s actions in Gaza.

The board had accused Israel of committing genocide in Gaza.

ADL said the statement was “factually inaccurate, inflammatory, and harmful” while distorting Israel’s fight against terror in Gaza.

“We strongly believe in freedom of expression—but Ben and Jerry’s inflammatory and irresponsible accusations about Israel, including genocide, while failing to mention the plight of the hostages or the threats posed by Hamas does nothing to get this conflict resolved,” said Ari Hoffnung, managing director of JLens.

“The Ben & Jerry’s board should not use their brand as a platform for divisive political activism that risks inflicting irreparable harm on its reputation—and its parent company’s shareholders.”

Ben & Jerry’s has faced backlash from authorities due to the nature of its activism. States such as New Jersey, Arizona, Florida, New York, and North Carolina have divested investments in Unilever following Ben & Jerry’s boycott of Israel.

For instance, in 2023, North Carolina state Treasurer Dale R. Folwell ordered North Carolina Retirement Systems to divest $40 million in Unilever assets.

“This is particularly important in this case as we have witnessed the atrocities perpetrated against the Israeli people. There is no place for antisemitism in this state or this country,” he said at the time.

Moreover, Ben & Jerry’s co-founders have been arrested in the past during protests. In 2016, both Greenfield and Cohen were taken into custody while protesting on the steps of the U.S. Capitol Building.

In 2023, Cohen was arrested amid a demonstration in support of WikiLeaks founder Julian Assange.

Meanwhile, the demerger between Magnum and Unilever, initially expected to be completed by mid-November, has been delayed, Unilever said in a statement released on Oct. 21.

The delay is due to “the ongoing US federal government shutdown,” the company said.

“The preparatory work for the Demerger is on track and progressing well, and Unilever remains committed to and confident of implementing the Demerger in 2025. Further updates on the revised timetable will be provided as soon as practicable.”

Tyler Durden
Sat, 11/01/2025 – 21:10

These Are The World’s Biggest Gold Mines

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These Are The World’s Biggest Gold Mines

Driven by geopolitical tensions, economic uncertainty and sustained central bank buying, the price of gold reached record levels, gaining nearly 60 percent this year to pass the $,4,000-per-ounce mark this month (closing price average from October 1st to 27th) before falling back to find support around $4000.

The level of demand for gold is now prompting questions about whether reserves of the commodity are being exhausted and if humanity has reached “peak gold”.

Indeed, some analysts believe that global mining production has already reached or is close to its peak, having stagnated between 3,000 and 3,300 metric tons annually over the last decade.

While new gold deposits are still being discovered, as recently reported by CNBC in the Hunan province of China (Wangu gold field), large reserves are gradually becoming scarce, with the majority of production still happening in older mines that have been in use for decades.

So which mines are producing the most gold every year?

As Statista’s Tristan Gaudiat shows below, using data from company reports published by the website Mining.com, gold mines in Nevada produced 2.70 million ounces (76.5 metric tons) of the precious metal in 2024, which is a similar output to the estimated production of the Muruntau gold deposit (2.68 million ounces that year), which has been exploited since the late 1960s in Uzbekistan.

Infographic: The World's Biggest Gold Mines | Statista

You will find more infographics at Statista

Discovered in the 1980s, the Grasberg gold mine, located in the Indonesian province of West Papua, is the world’s third largest supplier (1.86 million ounces or 59 tons in 2024), followed by the Olimpiada deposit (1.44 million ounces or 40 tons), discovered in 1975 in the Severo-Yeniseysky district of Russia.

Tyler Durden
Sat, 11/01/2025 – 20:35