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President Donald Trump’s Justice Department filed an emergency appeal with the Supreme Court on Wednesday, seeking to overturn lower court rulings that blocked the administration from firing three Biden-appointed regulators.

The emergency appeal asks the High Court to allow the Trump administration to fire three members of the U.S. Consumer Product Safety Commission (CPSC), a five-member independent regulatory board that sets standards and oversees safety for thousands of consumer products. The appeal comes after the Supreme Court, in May, granted a separate emergency appeal request from the Trump administration pertaining to the firing of two Biden-appointed agency officials from the National Labor Relations Board (NLRB) and the Merit Systems Protection Board (MSPB).  

‘It’s outrageous that we must once again seek Supreme Court intervention because rogue leftist judges in lower courts continue to defy the high court’s clear rulings,’ said White House spokesperson Harrison Fields. 

‘The Supreme Court decisively upheld the president’s constitutional authority to fire and remove executive officers exercising his power, yet this ongoing assault by activist judges undermines that victory,’ he continued. ‘President Trump remains committed to fulfilling the American people’s mandate by effectively leading the executive branch, despite these relentless obstructions.’

Mary Boyle, Alexander Hoehn-Saric and Richard Trumka Jr. were appointed to serve seven-year terms on the independent government agency by former President Joe Biden. Their positions have historically been protected from retribution, as they can only be terminated for neglect or malfeasance.

After Trump attempted to fire the three Democratic regulators, they sued, arguing the president sought to remove them without due cause. Eventually, a federal judge in Maryland agreed with them, and this week an appeals court upheld that ruling. 

However, according to the emergency appeal from the Trump administration, submitted to the High Court on Wednesday morning, the three regulators in question have shown ‘hostility to the President’s agenda’ and taken actions that have ‘thrown the agency into chaos.’

The emergency appeal to the Supreme Court added that ‘none of this should be possible’ after the High Court ruled in favor of the Trump administration’s decision to fire two executive branch labor relations officials.

‘None of this should be possible after Wilcox, which squarely controls this case. Like the NLRB and MSPB in Wilcox, the CPSC exercises ‘considerable executive power,’ 145 S. Ct. at 1415—for instance, by issuing rules, adjudicating administrative proceedings, issuing subpoenas, bringing enforcement suits seeking civil penalties, and (with the concurrence of the Attorney General) even prosecuting criminal cases,’ Solicitor General John Sauer wrote in the emergency appeal to the Supreme Court.

The request, according to Politico, will go to Chief Justice John Roberts, who is in charge of emergency appeals stemming from the appeals court that upheld the previous Maryland court ruling blocking the Trump administration’s firings.

This post appeared first on FOX NEWS

Market volatility, Chinese control, supply chain risk mitigation and financing emerged as some of the most prevalent themes at the 2025 Fastmarket’s Lithium Supply Battery Raw Materials (LBRM) conference in Las Vegas.

The event, which is in its 17th year, drew a crowd of roughly 1000 delegates, industry experts and analysts, to discuss the current landscape and future projections of the battery materials sector.

During his opening remarks, Fastmarkets CEO Raju Daswani highlighted the growth and maturation the battery raw materials sector has experienced.

“We meet here at an extraordinary moment, the global lithium and battery materials industry is no longer a niche … It is now central to energy security, to industrial policy and to geopolitical strategy,” he said.

Daswani then went on to set the tone for the conference by posing four key questions about the current market designed to guide attendees’ thinking throughout the event.

  1. Decoupling vs. Interdependence: Can the US and China truly decouple their lithium and battery supply chains, or will market realities force continued interdependence?
  2. Technology Leadership Race: Who will lead battery innovation?
  3. Price Sustainability: How sustainable is the current lithium price environment?
  4. Hidden Supply Chain Risks: What proactive steps can the industry take to address emerging risks like permitting delays, power constraints, community opposition, water limitations, talent shortages, and geopolitical instability in critical mining regions?

These questions framed the agenda for the four day event while also underscoring some of the key challenges and strategic considerations facing the global lithium and battery raw materials industry.

Robust growth projections

China’s dominance in the battery metals space was a central theme at the conference and explored via a variety of angels including supply and demand dynamics, growth projections and collaboration.

At the “Lithium Market Outlook 2025–2035: Navigating Demand Across EVs, Storage, and Strategic Sectors” presentation, Paul Lusty, head of battery raw materials at Fastmarkets painted a bullish picture for the future of lithium prices, despite the current challenges the market is facing.

We’re facing headwinds, no doubt, and we’re also seeing quite a lot of negative or bearish sentiment widespread in the market, and I think at times, it’s amplified by voices that really overlooked the phenomenal levels of demand that we’re seeing in many aspects of the market,” he said.

Although prices have floundered since 2022, the Fastmarkets team is projecting a 12 percent CAGR through to 2035.

“The long term outcome looks incredibly bullish and very compelling, the fundamentals are really still very strong, and these are anchored in some very powerful, mega trends that we see developing within the global economy.”

These trends include the urgent drive for climate change mitigation, the once in a generational shift in the global energy system, and the rise of energy intensive technologies such as artificial intelligence.

China’s place in western supply

As Daswani noted in his opening remarks China’s role in the battery metal sector was a recurring topic at the conference, with several speakers and panelists weighing in.

In one of the most compelling panels “Decoding the China Playbook’, panelists recounted the country’s nearly two decade long strategy to develop a robust, vertically integrated supply chain.

Iggy Tan, chairman of Lithium Universe (ASX:LU7,OTCPink:LUVSF), told the crowd China’s dominance in the battery metals sector began with a national goal of lowering vehicle emissions in the cities.

“(The) strategy was to reduce pollution in the cities, and that started the battery revolution,” he said of the nation’s switch to electric scooters and cars.

Additionally, the decision was further supported by a long term mandate.

“With the 15 year plan, government regulations, incentives, and investment started to flow according to the plan,” said Tan. “One of the downsides with Western economies is that (the government) changes every four years, whereas in China, the plan is just updated, and you can make long term investments in this area.”

As Joe Lowry, president of Global Lithium (ASX:GL1,OTCPink:GBLRF) and widely considered ‘Mr. Lithium’, added the battery supply chain in China, was further strengthened in 2003 when then president Hu Jintao selected the battery industry among his 10 Champion Industries.

Over the two decades since the Asian nation has invested heavily up and down the supply chain.

“If it was a TV show, it would be Survivor. China, outplayed, outwitted, and outlasted their competition,” said Lowry.

Financing the future

As with most cyclical commodities once lithium prices began to fall financing and investment also declined. Although the long term demand outlook is poised to benefit from battery sector expansion and energy storage system growth, the current glut in the market has created a challenge for Western companies.

This was reiterated by SC Insights Founder and Managing Director Andy Leyland, who used a colour coded chart to explain the discrepancy.

Leyland noted that at current low lithium prices (around US$7,000 per ton), companies are not making final investment decisions (FIDs) for new lithium projects.

Additionally over the past 12 months, hardly any FIDs have been happening in the industry. This is because at such low price levels, most projects are not financially viable.

Producers are cutting back on capital expenditures and are unable to justify new investments. The low prices make it economically challenging for companies to move forward with new lithium production projects, effectively freezing new developments in the sector.

This sentiment was echoed at the “Unlocking Funding: Bridging the Liquidity Gap and the Battery Market” panel, where YJ Lee, director and co-fund manager at Arcane Capital Advisers offered advice for junior miners.

“There’s very little financing available. So the junior miners … have to really cut the corporate costs, keep that as low as possible. But the operations must go on. They must continue drilling. They must continue developing. Because the next up cycle, I believe, is just around the corner.”

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Former President George W. Bush joined up with former President Barack Obama and U2 singer Bono to comfort United States Agency for International Development employees Monday, while also taking shots at President Donald Trump and his administration for shuttering the agency plagued by accusations of fraud and abuse. 

‘Gutting USAID is a travesty, and it’s a tragedy,’ Obama said in a video that was shown to departing USAID employees Monday, according to the Associated Press. ‘Because it’s some of the most important work happening anywhere in the world.’ 

Obama summed up the decision to shutter the agency as ‘a colossal mistake,’ and added that ‘sooner or later, leaders on both sides of the aisle will realize how much you are needed.’

Bush, Obama and Bono spoke to departing USAID employees Monday in a videoconference as the agency officially was shuttered following the Trump administration’s reporting that it was overrun with alleged corruption and mismanagement. The videoconference did not include members of the media, with the Associated Press reviewing and reporting on clips of the conference later that day.

USAID is an independent U.S. agency that was established under the Kennedy administration to administer economic aid to foreign nations. It was one of the first agencies investigated by the Department of Government Efficiency (DOGE) in early February for alleged mismanagement and government overspending, with DOGE’s then-leader Elon Musk slamming the agency as ‘a viper’s nest of radical-left marxists who hate America.’ 

USAID officially was absorbed by the State Department Tuesday. 

Bush, who overwhelmingly has shied away from publicly criticizing Trump, lamented in his recorded message to the staffers that the end of USAID marks an end to his administration’s work rolling out an AIDS and HIV program that is credited with saving 25 million people nationwide.

‘You’ve showed the great strength of America through your work — and that is your good heart,’’ Bush told USAID staffers, according to the Associated Press. ‘Is it in our national interests that 25 million people who would have died now live? I think it is, and so do you.’ 

Bono of U2 fame recited a poem he wrote reflecting on USAID’s closure and his claims that millions around the world will likely now die, according to the Associated Press. 

‘They called you crooks. When you were the best of us,’ Bono said.

Fox News Digital reached out to Obama’s and Bush’s respective offices Wednesday morning for additional comment, but did not receive responses. 

Other longtime Trump foes, such as former Secretary of State Hillary Clinton, thanked foreign service officers for their work before USAID’s closure. 

‘In all my years of service, I found that foreign service officers and development professionals were among the most dedicated public servants I encountered,’ Clinton posted to X Tuesday. ‘Their work saves lives and makes the world safer. Today, and every day, I stand with them.’

Obama and Bush overwhelmingly have remained tight-lipped on their views of Trump under his second administration, with both former presidents attending Trump’s inauguration and not weighing in on the majority of Trump’s policies. Obama has taken issue with Trump’s ‘big, beautiful bill,’ which is clearing its final hurdles to passage and will fund Trump’s agenda on social media, while Bush has consistently shied away from public rebukes of Trump in recent history. 

Bono previously has claimed that cuts to USAID would kill hundreds of thousands of people, and had slammed Trump in 2016 as ‘potentially the worst idea that ever happened to America.’

Secretary of State Marco Rubio, who was serving as acting administrator of USAID, announced the State Department absorbed USAID’s foreign assistance programs Tuesday after decades of failing to ensure the programs it funded actually supported America’s interests. 

‘Beyond creating a globe-spanning NGO industrial complex at taxpayer expense, USAID has little to show since the end of the Cold War,’ Rubio wrote in his announcement. ‘Development objectives have rarely been met, instability has often worsened, and anti-American sentiment has only grown.’  

‘This era of government-sanctioned inefficiency has officially come to an end,’ he continued. ‘Under the Trump Administration, we will finally have a foreign funding mission in America that prioritizes our national interests. As of July 1st, USAID will officially cease to implement foreign assistance. Foreign assistance programs that align with administration policies—and which advance American interests—will be administered by the State Department, where they will be delivered with more accountability, strategy, and efficiency.’

The shuttering comes after DOGE gutted USAID as part of Trump’s effort to remove waste, fraud and abuse from the federal government earlier in 2025. 

Trump repeatedly had touted DOGE’s work uncovering fraud and mismanagement within the federal government, including in his March address before Congress celebrating that DOGE identified $22 billion in government ‘waste,’ including at USAID.

Secretary of State Marco Rubio slams USAID

‘Forty-five million dollars for diversity, equity and inclusion scholarships in Burma,’ Trump said as he rattled off various examples of federal waste. ‘Forty million to improve the social and economic inclusion of sedentary migrants. Nobody knows what that is. Eight million to promote LGBTQI+ in the African nation of Lesotho, which nobody has ever heard of. Sixty million dollars for indigenous peoples and Afro-Colombian empowerment in Central America. Sixty million. Eight million for making mice transgender.’

This post appeared first on FOX NEWS

President Donald Trump’s legislative agenda temporarily ground to a halt in the House of Representatives Wednesday afternoon.

Plans for an early afternoon vote to begin debate on Trump’s ‘big, beautiful bill’ slipped away as both conservative concerns and weather delays led to issues in passing two procedural votes ahead of the critical measure.

It’s not clear if the key vote will proceed today at this point. House Freedom Caucus Chairman Andy Harris, R-Md., one of the bill’s biggest critics, told reporters a vote was still ‘possible.’

‘No, not yet,’ he said when asked if he was getting what he needed from the White House to support the measure. ‘But the evening is so young.’

House GOP leaders had hoped to vote to begin debate on the vast tax and immigration bill, a maneuver known as a ‘rule vote,’ with the goal of teeing up a vote on the legislation’s final passage by late Wednesday or early Thursday at the latest.

The president has directed Republicans to get a bill to his desk for a signature by the Fourth of July, though he’s suggested in some recent comments he would not mind a delay of a few days.

The rule vote was meant to be the third in an early afternoon series of three votes. As of early evening Wednesday, that vote is still being held open, and the House floor is effectively paralyzed.

Lawmakers who expected a vote were told to return to their offices to await further instructions.

Multiple House Freedom Caucus members who left a meeting next to the House floor declined to comment on what they discussed, but several have made clear in recent days that they have serious issues with the Senate’s version of Trump’s agenda bill.

The mammoth piece of legislation includes Trump’s agenda on taxes, the border, energy, defense and the national debt.

Office of Management and Budget Director Russell Vought was seen briefly entering and exiting the room where the fiscal hawks were gathered.

He said little to reporters other than announcing they were ‘making good progress’ on his way out of the room.

Rep. Chip Roy, R-Texas, suggested that conservatives were speaking with the Trump administration about how Republicans could make up for what they saw as deficiencies in the current version of the bill.

Fiscal hawks were angered by last-minute moves made to placate Senate GOP moderates who were uneasy about the bill’s near-immediate phase-out of most green energy tax subsidies in former President Joe Biden’s Inflation Reduction Act (IRA).

They’ve also argued the Senate’s bill would add more to the federal deficit than the House’s earlier version, though Senate Republicans have pushed back.

‘We were not happy with what the Senate produced. We thought there was a path forward as of late last week, even though I had concerns in public about them. But then they jammed it through at the last minute in a way that, you know, we’re not overly excited about,’ Roy said. ‘So, now we’re trying to understand what our options are from this point.’

Other representatives, like Keith Self, R-Texas, and Josh Brecheen, R-Okla., declined to comment about the meeting to reporters.

Rep. Tim Burchett, R-Tenn., who is not a member of the Freedom Caucus but had some concerns about the bill, told reporters when leaving the meeting, ‘I’m just waiting to see what’s going on honestly. Everybody’s just discussing what’s going on and trying to get to some [resolution].’

Burchett told reporters earlier he was leaning in favor of voting to debate the bill.

But Speaker Mike Johnson, R-La., can afford just three defections to still pass the bill along party lines.

‘We’re going to get there tonight,’ Johnson told reporters.

This post appeared first on FOX NEWS

Investor Insight

Sun Summit Minerals is targeting the delineation of a multi-million-ounce gold-silver resource at its flagship JD project. With strategic positioning in an emerging consolidation hotspot, compelling valuation metrics, and a track record of discovery, Sun Summit is primed to deliver substantial value creation in the coming quarters.

Overview

Sun Summit Minerals (TSXV:SMN,OTCQB:SMREF) is a Canadian mineral exploration company focused on developing its district-scale gold and copper projects in British Columbia. The company’s flagship JD Project, located in the Toodoggone district, is undergoing an aggressive 5,000-meter drill campaign in 2025 aimed at delineating a multi-million-ounce epithermal gold-silver system.

Complementing JD is the company’s Buck project, a large, bulk-tonnage gold-silver system near Houston, BC, with an initial NI 43-101 resource estimate and significant exploration upside.

With capital in hand, a five-year exploration permit secured, and a camp established at JD, Sun Summit is executing a focused strategy to build scale, unlock resource potential and drive shareholder value. The company has taken lessons from its past and re-emerged with a sharpened vision, an overhauled team and assets that are not only high-grade but strategically located to create shareholder value.

Company Highlights

  • Aggressive Discovery Strategy: Sun Summit Minerals is actively advancing the JD and Buck projects in BC, targeting epithermal gold-silver and porphyry copper-gold systems. A fully funded 5,000-meter drill program at JD underway in 2025, aiming to define a multi-million-ounce resource.
  • Strategic Location: Both assets are situated in prolific and mining-friendly regions of British Columbia. The flagship JD project lies in the Toodoggone district—home to Thesis Gold and Centerra’s Kemess Mine, while Buck is near the Blackwater, Huckleberry, and Equity Silver mines in central BC.
  • Re-rate Potential Opportunity: Trading at just ~$7/oz gold equivalent (EV/oz) based on Buck alone, with no value currently ascribed to JD, the company represents a deep value opportunity compared to the next-door neighbour Thesis Gold trading at ~$50/oz. Success at the drill bit from the ongoing drill program at JD could drive the potential re-rating.
  • Fully Funded for 2025: A recent C$10M raise (May 2025) enables a robust exploration program, including drilling, geophysics, and soil sampling. The company is well-positioned to achieve its 2025 and 2026 exploration milestones without further dilution.
  • Experienced, Capital Markets-Savvy Leadership: CEO Niel Marotta brings capital markets acumen from Fidelity and Orezone. The broader team includes senior geologists and advisors with decades of success in gold discoveries and mine development in BC.
  • Positioned for Consolidation: With majors like Freeport, Centerra, and Skeena investing heavily in adjacent properties, Sun Summit is strategically located and advancing at the right time in the Lassonde Curve to benefit from industry-wide M&A and consolidation trends.

Key Projects

JD & Theory Projects

The JD & Theory projects span more than 25,000 hectares in the heart of the Toodoggone mining district in north-central BC, one of Canada’s most prospective belts for epithermal gold-silver and porphyry copper-gold systems. The district is home to Thesis Gold’s Ranch and Lawyers deposits (4.7 Moz gold equivalent, C$250 million market cap), Centerra’s Kemess underground development, and TDG Gold’s Shasta-Baker project. Infrastructure around the project includes hydroelectric grid access, the nearby Sturdee airstrip and all-season roads.

The JD project hosts a 4.5 km mineralized corridor, known as Creek-Finn, with multiple underexplored targets showing evidence of both high-grade veins and broad disseminated gold systems. Historic and recent drill highlights include:

  • 2.1 grams per ton (g/t) gold over 122.5 m including 121 g/t gold over 1.5 m (CZ-24-004)
  • 11.7 g/t gold over 22 m including 61.2 g/t gold over 4 m (CZ97-008)
  • 7.3 g/t gold over 35.7 m including 215.4 g/t gold over 1 m (JD95-0472)

The Creek Zone features high-grade epithermal veins within broader disseminated zones, supported by strong IP anomalies and gold-in-soil results up to 12.2 g/t gold. The Finn Zone hosts near-surface mineralization with extensive historical drilling (~270 holes) and is open in all directions. Other targets include McClair (porphyry copper), East McClair (copper-gold skarn) and Moosehorn.

The 2025 program includes 5,000 meters of core drilling across 25 holes, 20 km of IP geophysics, 2,000+ soil samples, and full-scale camp operations. A five-year permit secured in April 2025 provides exploration continuity through 2030.

Camp setup at JD project

Sun Summit can earn 100 percent of the JD project by making staged cash/share payments and completing work commitments through 2029. With ~C$6 million earmarked for the project this year alone, Sun Summit is expected to fulfill its 2025 and 2026 earn-in obligations without additional equity raises.

Buck Project

The 100 percent owned Buck project spans 52,000 hectares and is located near key deposits, including Artemis Gold’s Blackwater (8 Moz gold), Imperial’s Huckleberry copper mine, and Newmont’s historic Equity Silver mine. Buck features near-surface bulk-tonnage gold-silver mineralization with porphyry copper-molybdenum potential at depth.

In February 2025, Sun Summit published its inaugural NI 43-101 mineral resource:

  • Indicated: 1.15 Mt @ 0.519 g/t gold equivalent (19,100 oz)
  • Inferred: 52.2 Mt @ 0.489 g/t gold equivalent (820,400 oz)

Mineralization remains open in all directions. Buck is considered a strategic asset providing leverage to rising gold prices and future transaction potential, but currently receives minimal capital allocation as JD is prioritized.

Management Team

Niel Marotta – Chief Executive Officer and Director

Niel Marotta has more than two decades of capital markets experience, including a successful tenure at Fidelity (FMRCo.), where he managed the top-performing Select Gold Fund and oversaw >$1 billion in AUM. He was previously VP at Orezone Resources, where he helped lead its C$350 million acquisition by IAMGOLD. Marotta has raised over $1 billion in financing and is driving Sun Summit’s transition from a legacy explorer to a discovery-focused value generator.

Brian Lock – Executive Chairman

A veteran of the mining industry with 40+ years of executive experience, Brian Lock has led multiple public companies, including Castle Peak Mining and Scorpio Gold. His expertise spans project development, M&A and corporate governance.

Waseem Javed – Chief Financial Officer

A seasoned mining CFO, Waseem Javed ensures disciplined capital deployment and financial controls. His experience spans junior explorers and mid-tier producers across Canada and the US.

Ken MacDonald – VP Exploration

Ken MacDonald is a registered professional geologist with over 30 years in mineral exploration and permitting in BC. Formerly with the BC Mines Branch and multiple juniors, he leads Sun Summit’s technical programs and NI 43-101 compliance.

Christopher Leslie – Technical Advisor

An expert in porphyry and epithermal systems, Christopher Leslie led the discovery of the 8 Moz Blackwater deposit while at Richfield Ventures, and later served as VP exploration for Tower Resources. He was instrumental in advancing the JD-Theory project during its prior ownership.

Robert D. Willis – Senior Advisor

Founder of several successful exploration companies, including Pioneer Metals and Manhattan Minerals, Robert Willis has 35+ years of technical and executive experience across North and South America.

Terry Salman – Strategic Advisor

Founder of Salman Partners and one of Canada’s most influential mining financiers, Terry Salman has backed dozens of successful juniors over a 40-year career in mining investment banking.

This post appeared first on investingnews.com

The Democratic Doctors Caucus was interrupted by a barrage of tourists during a press conference outside the office of House Speaker Mike Johnson, R-La., on Wednesday.

As Congress rushes to pass President Donald Trump’s ‘big, beautiful bill’ before the self-imposed July 4 deadline, House Democrats hosted press conferences throughout the Capitol on Wednesday protesting the $3.3 trillion bill. 

The Democratic Doctors Caucus, comprised of the six Democratic physicians serving in the House of Representatives, planned a press conference in Statuary Hall, a room down the hall from the House speaker’s office. 

Apparently noticing the large gaggle of reporters staking out Johnson’s office amid last-minute member holdout negotiations, the caucus moved their press conference to right outside the speaker’s office. Donning their white coats in the crowded hallway, the Democratic doctors began their prepared remarks. 

But that area is a major tourist corridor, and the press conference was quickly flooded with tourists walking from the Rotunda past Johnson’s office and into Statuary Hall. 

Police officers directed members to stand on one side of the corridor, while the press stood on the other. 

The result was unusable to journalists as tour guides and tourists’ chatter drowned out their remarks. The Democrats’ comments were inaudible. 

Their press conference also created somewhat of a tourist traffic jam between the two areas, as officers struggled to keep the area open. 

Democrats have railed against potential Medicaid cuts since Trump was elected in November. According to the Congressional Budget Office (CBO), at least 10 million people will lose health insurance by 2034 due to Trump’s megabill. 

While Trump has maintained that the bill does not cut Medicaid and Republicans claim the bill only cuts waste, fraud and abuse in the program, Democrats have continued to speak out against the projected cuts. 

The Democratic Doctors Caucus planned to highlight the harm Medicaid cuts could have on hospitals during their press conference Wednesday, but their remarks were drowned out by the steady flow and chatter of tourists walking back and forth from the Rotunda to Statuary Hall.

This post appeared first on FOX NEWS

UK lawmakers voted Wednesday to ban Palestine Action, a UK-based group that aims to disrupt the operations of weapons manufacturers supplying the Israeli government.

Members of Parliament voted 382 to 26 in favor of the measure against the group after two Palestine Action activists broke into Britain’s largest air base in central England, damaging two military aircraft.

The draft proscription order will reach the House of Lords on Thursday. If approved by the upper house, the ban would go into effect in the following days.

A full ban would mean that it would be illegal under UK law to be a member of – or invite support for – Palestine Action. It would put the group on par with terrorist organizations such as Hamas, al Qaeda and ISIS – sparking condemnation from United Nations experts, human rights groups, and politicians.

British Home Secretary Yvette Cooper confirmed the government’s intention to proscribe the group on June 23, after two Palestine Action activists sprayed red paint into the turbine engines of two Airbus Voyagers.

Video from the scene showed activists spraying red paint into the turbine engines of two Airbus Voyagers, which the group said were targeted for their alleged role in carrying military cargo and for their use in refueling Israeli, American and British military aircraft.

Palestine Action announced on Monday that it had started legal proceedings against the government’s decision. The group’s co-founder Huda Ammori said the clampdown mirrored “many authoritarian regimes around the world who have used counter-terrorism to crush dissent.”

If the ban goes into effect, it would likely be the first time in UK history that a direct action protest group has been proscribed under anti-terror legislation, according to several human rights advocates.

Those who defy the ban could face up to 14 years in prison, according to UK counter-terrorism police and the government. Even wearing items of clothing which “arouse reasonable suspicion” that an individual is a member or supporter of the group could result in six months in prison or a fine, police say.

‘Grave misuse of anti-terrorism powers’

Human rights organisations have vehemently criticised the government’s move, saying it is the latest in a series of draconian measures taken by the state to clamp down on legitimate protest in the country.

Sacha Deshmukh, Amnesty International UK chief executive, said on June 23 that proscribing Palestine Action could risk an “unlawful interference” with the fundamental rights of peaceful assembly and freedom of expression.

She wrote to parliamentarians on Tuesday to warn that outlawing the group would be a “grave misuse of anti-terrorism powers.”

“Proscribing Palestine Action will mean that by the weekend, millions of people living in the UK will have limitations on their freedom of speech,” she said.

Experts from the United Nations also added to the growing chorus of criticism on Tuesday, saying they were worried about the “unjustified labelling of a political protest movement as ‘terrorist’.”

Others have previously shared messages of solidarity with the group: “We are all Palestine Action,” Labour MP Zarah Sultana posted June 24 on X. Former Labour shadow chancellor John McDonnell said the government’s proscription plan was “not what the counter terrorism laws were introduced for.”

Palestine Action called the government’s reaction to its air base action “unhinged.”

“The real crime here is not red paint being sprayed on these war planes, but the war crimes that have been enabled with those planes because of the UK Government’s complicity in Israel’s genocide,” the group said in a statement on June 24.

This is a developing story and will be updated.

This post appeared first on cnn.com

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy — are once again in the crosshairs.

Investors were already punishing Tesla on Tuesday, sending shares in the electric carmaker more than 4% lower in afternoon trading. The stock has experienced a late-spring rally alongside the broader market but remains down some 20% so far this year. The shares have been pummeled by a global backlash to Musk’s alliance with Trump on the campaign trail and in the White House, where the multibillionaire led a sweeping program of government cuts

Musk acknowledged there had been “some blowback” to the actions taken by his Department of Government Efficiency project that may have affected Tesla sales. Yet investors remain largely bullish on the company and its efforts to pivot away from mass-market EVs and toward self-driving taxis and robotics, pushing its market valuation back toward $1 trillion.

Tesla remains Musk’s best-known business, but its fortunes are less directly tied to the government than SpaceX, his rocket-building company. SpaceX’s $350 billion valuation largely rests on the many government contracts that fuel it. SpaceX’s work for NASA has ramped up in recent years in support of the Artemis mission to return to the moon.

Meanwhile, SpaceX’s Dragon spacecraft is currently the only active vessel capable of carrying astronauts to and from the International Space Station. SpaceX has also become essential to the Department of Defense’s missions taking satellites into orbit and today is responsible for the majority of such missions, according to Ars Technica.

SpaceX is privately held, meaning its shares don’t trade on the open market. It is thus difficult to get a real-time gauge on how worsening relations could affect the company’s fortunes. But the impact could be substantial. Since fiscal year 2000, total revenue for SpaceX and Tesla from federal unclassified contracts sits at $22.5 billion, according to Bloomberg Government data — with most of those going to the former. The Washington Post has put the figure for SpaceX alone at close to $38 billion, with $6.3 billion alone coming in 2024 — the highest annual total to date.

The dispute with Trump has also taken a chunk out of Musk’s personal net worth. After soaring to an all-time high of nearly half a trillion dollars after Trump’s election win, Musk’s publicly available wealth tally now sits at $400 billion, though that still makes him the world’s wealthiest individual by nearly $150 billion ahead of Oracle founder Larry Ellison, another Trump ally.

The Musk-Trump tiff first exploded into public view last month, shortly after Musk formally stepped down from his special government employee role and criticized the massive spending and tax cut bill that Republican senators passed Tuesday. Trump responded at the time by threatening to “terminate Elon’s Governmental Subsidies and Contracts.”

Musk, in turn, said he would begin “decommissioning” the Dragon, only to reverse course hours later after an X user advised him and Trump to “cool off and take a step back for a couple of days.”

Before their initial flare-up subsided, Musk announced he would be reining in his political spending weeks after a candidate he had backed lost a key Wisconsin Supreme Court race. Some analysts believe the current relapse in tensions between the two men will be short-lived given Musk’s reliance on the government, and vice-versa.

Still, Musk is now discussing launching his own political party to address the U.S.’s fiscal imbalances, which he believes Trump’s bill will exacerbate — a contention supported by the nonpartisan Congressional Budget Office. While the South Africa-born executive is ineligible to run for office, any candidate he backed for national office would likely face immediate conflict-of-interest questions.

This post appeared first on NBC NEWS

Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week.

In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final days at the Cupertino company last year and saving them to his personal cloud accounts.

This lawsuit is the latest example of Apple publicly going after a former employee for leaking internal information. Apple is an intensely secretive company, and lawsuits like this one highlight how the iPhone maker exercises tight control over its internal information, even if it has to pursue legal action against former staff.

Apple alleges that Liu didn’t inform the company when he resigned late last year that he was headed to Snap, a competitor and maker of smart glasses. As a result, Apple did not shut off his access to accounts and allowed him a customary two-week transition period, which he used to download company files, according to the lawsuit.

“Worse still, the review of Mr. Liu’s Apple-issued work laptop also shows that while maintaining access to Apple’s Proprietary Information under false pretenses, he used his Apple credentials to exfiltrate thousands of documents containing Proprietary Information from Apple’s secure file storage systems,” the iPhone maker’s lawyers said in the filing.

Many of the files downloaded by Liu had codenames for Apple projects and described the company’s technology, product design and supply chain, according to the lawsuit. Apple says that all employees agree to keep Apple files confidential and that Liu broke confidentiality agreements he made when he joined. Liu worked for Apple between 2017 and 2024, according to the lawsuit.

Liu worked on Apple’s Vision Pro headset as a system product design engineer, per the filing. Liu did not respond to a request for comment from CNBC.

Apple lawyers wrote that Liu could use the trade secrets in his work at Snap. Apple is not suing Snap, and the social media company did not respond to a request for comment.

“The overlap between Apple’s Proprietary Information that Mr. Liu retained and Snap’s AR products (for which Mr. Liu is a ‘product design engineer’) suggests that Mr. Liu intends to use Apple’s Proprietary Information at Snap,” according to the filing.

Apple is seeking damages and for Liu to have his devices inspected by a forensic examiner to make sure all the trade secrets are deleted.

The iPhone maker has sued several former employees in recent years for taking files when they left the company.

Apple settled with former engineer Simon Lancaster in 2022 over providing information to a journalist. Apple also sued a former employee, Andrew Aude, in 2024 over leaking details to the media. That lawsuit was dismissed after Aude apologized.

The Cupertino company sued Rivos, a chip startup staffed by former Apple semiconductor employees, over its intellectual property, and settled in 2024.

Additionally at least three former Apple employees have also been arrested and accused by the government of taking company secrets and giving them to China-linked organizations. One pled guilty and was sentenced to four months in prison, and two are still in proceedings.

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