Abbott says Texas will build a border wall, doesn't say where Via Houston Chronicle: Gov. Greg Abbott announced Thursday that Texas will build a border wall along the state’s boundary with Mexico — but provided no details on where or when. Abbott declared his plans during a press conference in Del Rio. He said he would discuss the plans next week. The Biden administration issued a proclamation that stopped border […]
U.S.-China relations are ‘still deteriorating,’ says former U.S. ambassador Via CNBC.com: U.S.-China relations are getting worse and have not “reset” under President Joe Biden in the way that many had previously expected, said Max Baucus, a former American ambassador to China. “The situation unfortunately is generally still deteriorating,” Baucus told CNBC’s “Squawk Box Asia” on Friday. “I think a lot of people thought with the election of Joe Biden, that […]
Bitcoin jumps more than 13% after El Salvador passes law to adopt it as legal tender Via CNBC.com: Bitcoin surged on Thursday, a day after El Salvador passed a law to adopt bitcoin as legal tender. The cryptocurrency jumped more than 13% to trade above $37,000 before settling lower at $36,435.96 at about 4:48 a.m. ET, according to CoinDesk data. On Wednesday, lawmakers in the Central American country passed a […]
El Salvador’s Legislature Votes to Adopt Bitcoin as Legal Tender Via CoinDesk: El Salvador officially recognizes bitcoin (BTC, +4.29%) as legal tender. In an early Wednesday vote, a supermajority of the nation’s legislature voted in favor of President Nayib Bukele’s proposal for the Latin American nation to adopt bitcoin. The president intends to sign later tonight or early in the morning. Sixty-two members of the legislature voted in favor of […]
China buys fewer American goods in May; trade surplus grows Via CNBC.com: China bought fewer American products in May versus the prior month, while exports to the U.S. rose, according to customs data released Monday. China bought $13.11 billion dollars’ worth of goods from the U.S. in May, down from $13.94 billion in April, data accessed through Wind Information showed. May’s figure marked the lowest monthly amount since October, the […]
Tesla recalls hundreds of Model 3 cars that were shipped to China Via CNBC.com: Tesla is recalling more than 700 units of its Model 3 electric car that were imported into China, the central government’s market regulator said Thursday. The announcement follows recalls of tens of thousands of Tesla vehicles in China and the U.S. in the last several months. Elon Musk’s automaker has also come under increased regulatory scrutiny […]
China wants couples to have more kids. Chinese people are less enthusiastic. Via CNBC.com: For many Chinese people, government restrictions have long ceased to be their main reason for not having more children. That poses a greater challenge for Chinese authorities when trying to limit the negative effects on the economy from a decades-old policy restricting households to one child. The central government announced Monday that each couple could now […]
Thousands Upon Thousands Rally Against Lockdown, Vax Passes in London Via Breitbart: It was by some margin the biggest rally held so far in the UK against the government’s draconian Chinese coronavirus restrictions. While the MSM put a low estimate on the numbers — 10,000, according to Reuters — others claim the turnout was considerably higher. What’s certain is that, as with previous anti-lockdown marches, the MSM has done its very best to ignore […]
Raul Castro resigns as Communist chief, ending era in Cuba Via AP News: Raul Castro said Friday he is resigning as head of Cuba’s Communist Party, ending an era of formal leadership that began with his brother Fidel and country’s 1959 revolution. The 89-year-old Castro made the announcement in a speech at the opening of the eighth congress of the ruling party, the only one allowed on the island. He […]
The Barrett Brief is a unique blend of news reporting and talk radio punctuated by host Richard Barrett's Masters degree in Homeland Security.
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