Tuesday, April 22, 2025

News roundup, 22 April 2025

- Donald Trump has demanded that Federal Reserve chair Jerome Powell be terminated for not lowering interest rates as Trump would like. Constitutionally, this isn't supposed to be doable by the president alone; however, the question of what happens if he tries anyway has yet to be answered. Certainly investors are not showing confidence in the situation.

- There has apparently been a noticeable shift, at least in the US, towards bringing one's own lunch to work rather than eating at a restaurant. This is seen by some as a worrisome economic indicator, even a harbinger of a recession.

- Pierre Poilievre is conspicuously absent from the latest round of Conservative Party TV ads. While he's mentioned in one of them, he isn't shown; instead they show old white guys playing golf. The fact that the Cons feel the need to target white male boomers suggests that they're struggling even with that demographic (or at least its urban/suburban component, whose votes they need if they are to have a hope of winning the election next week).

- A bunch of the usual far-right suspects have planned a "Referendum Rally" at the Alberta Legislature on the first of May, figuring that if Poilievre can't win the election it's time for Alberta to secede and join the US.

- Not satisfied to simply cut billions of dollars in federal funding to Harvard University, the regime now appears to have directed the IRS to rescind the institution's tax-exempt status.

- A new Silicon Valley startup, Scout AI, hopes to develop autonomous military robots controlled by the latest in AI technology. I think maybe it's time for these people to watch Terminator (or watch it again, if they didn't clue into the message the first time).

- Commuter trains running between San Francisco and San Jose are now fully electric; this has led to a rapid improvement in air quality in the region, with an 89% decrease in fine carbon particulates ("black carbon").

- An American nonprofit that provides eyeglasses around the developing world is moving its operations to Manitoba due to uncertainties related to Trump's tariffs (their lenses come from places like China).

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