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CIA Director John Ratcliffe was in Venezuela’s capital of Caracas Thursday to meet with acting President Delcy Rodríguez and other top officials, a U.S. official told Fox News Friday. 

The meeting unfolded about two weeks after the Trump administration carried out a military operation capturing Venezuelan dictator Nicolás Maduro and his wife, Cilia Flores. 

A U.S. official told Reuters Ratcliffe met with Rodriguez under the direction of President Donald Trump ‘to deliver the message that the United States looks forward to an improved working relationship.’ 

The two discussed intelligence sharing, economic stability and the need to guarantee that Venezuela is no longer a ‘safe haven for America’s adversaries, especially narco-traffickers,’ Reuters added.

On Wednesday, Trump said he had a call with Rodríguez and later described her as a ‘terrific’ person. 

‘This morning I had a very good call with the Interim President of Venezuela, Delcy Rodríguez. We are making tremendous progress, as we help Venezuela stabilize and recover,’ Trump wrote in a post on Truth Social. 

‘Many topics were discussed, including Oil, Minerals, Trade and, of course, National Security. This partnership between the United States of America and Venezuela will be a spectacular one FOR ALL. Venezuela will soon be great and prosperous again, perhaps more so than ever before!’ 

The same day, Rodríguez announced her government will continue to release prisoners detained under the rule of Maduro in an initiative she touted as a ‘new political moment,’ according to The Associated Press. 

Fox News Digital’s Diana Stancey and Bonny Chu contributed to this report. 

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Exiled Iranian crown prince Reza Pahlavi unveiled Friday a 6-step plan to exert pressure on the regime, which he declared ‘will fall, not if, but when.’ 

‘My brave compatriots still holding the line with their broken bodies but unbreakable will, need your urgent help right now. Make no mistake, however, the Islamic Republic is close to collapse,’ Pahlavi declared.  

‘Ali Khamenei and his thugs know this. That’s why they are lashing out like a wounded animal, desperate to cling to power,’ he continued. ‘The people have not retreated. Their determination has made one thing clear. They are not merely rejecting this regime. They are demanding a credible new path forward. They have called for me to lead.’ 

Pahlavi said he has a comprehensive plan for an orderly transition and asked the international community to do six things, starting with protecting the Iranian people ‘by degrading the regime’s repressive capacity, including targeting the Islamic Revolutionary Guard leadership and its command-and-control infrastructure.’ 

‘Second, deliver and sustain maximum economic pressure on the regime, block their assets worldwide, target and dismantle their fleet of ghost [oil] tankers,’ he said. 

‘Third, break through the regime’s information blockade by enabling unrestricted internet access. Deploy Starlink and other secure communications tools widely across Iran and conduct cyber operations to disable the regime’s ability to shut down the internet. Fourth, hold the regime accountable by expelling its diplomats from your capitals and pursue legal enforcement actions against those responsible for crimes against humanity,’ Pahlavi continued. 

‘Fifth, demand the immediate release of all political prisoners. Six, prepare for a democratic transition in Iran by committing to recognize a legitimate transitional government when the moment comes,’ he concluded.

Pahlavi’s remarks came as President Donald Trump seemed to remain ambivalent about the possibility of Pahlavi taking over the country if the Islamic regime were to fall. 

‘He seems very nice, but I don’t know how he’d play within his own country,’ Trump told Reuters during an interview on Wednesday. ‘And we really aren’t up to that point yet. 

‘I don’t know whether or not his country would accept his leadership, and certainly if they would, that would be fine with me,’ he added. 

When Pahlavi was asked Friday by a reporter about how he plans to win Trump over, he said, ‘President Trump has said that it’s up to the Iranian people to decide, and I totally agree.’

‘I’ve always said it’s for the Iranian people to decide. And I think the Iranian people have already demonstrated in great numbers who it is that they want them to lead to this transition,’ he added. ‘So I’m confident that I have the support of my compatriot. And as for the international leaders to assess the fact on the ground and see who is capable of doing that. I believe I can, and I have the Iranian people’s support.’ 

Fox News Digital’s Rachel Wolf contributed to this report. 

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The US and Taiwan have signed a trade and investment agreement aimed at reshoring semiconductor manufacturing and reinforcing US control over one of the world’s most strategic industries.

According to a new White House fact sheet, Taiwanese semiconductor and technology companies have committed to at least US$250 billion in new direct investment in the US, with an additional US$250 billion in credit guarantees to support expansion across the semiconductor ecosystem.

Both also plan to develop large industrial clusters and technology parks on US soil to anchor next-generation semiconductor manufacturing and advanced research.

Taiwan, for its part, will facilitate greater US investment into its own semiconductor, AI, defense technology, telecommunications, and biotechnology sectors to expand market access for American firms.

The trade framework also introduces a more structured tariff regime. Reciprocal tariffs on Taiwanese goods will be capped at 15 percent, while certain products such as generic pharmaceuticals, aircraft components, and unavailable natural resources will face zero-percent reciprocal tariffs.

Existing Section 232 duties on Taiwanese auto parts, timber, and related products will likewise be capped at 15 percent.

Semiconductors occupy a special place in the agreement. Taiwanese chipmakers that invest in new US production capacity will be granted significant flexibility to import chips during construction without incurring Section 232 duties.

In addition, companies building new facilities may import up to 2.5 times their planned US capacity duty-free during construction, and up to 1.5 times their new domestic output after projects are completed.

US officials framed the agreement as a decisive step toward reversing decades of offshoring that hollowed out domestic chipmaking capacity.

The country’s share of global wafer fabrication has fallen from 37 percent in 1990 to less than 10 percent in 2024, leaving American manufacturers heavily dependent on East Asian supply chains.

The deal comes just days after Trump formally imposed a 25 percent tariff on “certain advanced computing chips,” including NVIDIA’s (NASDAQ:NVDA) H200 and AMD’s (NASDAQ:AMD) MI325X processors, citing national security concerns under Section 232 of the Trade Expansion Act of 1962.

Chips imported to support the buildout of US technology supply chains, however, will be exempt.

The White House has also warned that broader semiconductor tariffs could follow. Trump has previously said companies that commit to domestic production would avoid harsher levies, including a floated 100 percent tariff discussed last year.

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

This post appeared first on investingnews.com

Vice President JD Vance will not attend the Munich Security Conference in 2026, Fox News Digital has learned. 

The move comes after Vance attended the conference in 2025 and issued some harsh words for European leaders — prompting some backlash from allies on the other side of the pond. 

A source familiar with Vance’s plans confirmed to Fox News Digital that Vance would not participate in the conference in 2026, but no reason was provided for his absence. Bloomberg first reported that Vance would not attend the conference. 

The 2026 conference will be held in February in Munich. 

Vance’s absence comes as he’s publicly been more focused on domestic issues like fraud cases in Minnesota recently, while President Donald Trump and Secretary of State Marco Rubio appear to be spearheading the administration’s foreign policy agenda. 

Meanwhile, Vance in 2025 cautioned that Russia and China don’t pose as great a threat to European nations as the ‘threat from within,’ in regard to issues like censorship and illegal immigration. Likewise, Vance claimed that European voters didn’t endorse opening the ‘floodgates to millions of unvetted immigrants.’

‘To many of us on the other side of the Atlantic, it looks more and more like old entrenched interests hiding behind ugly Soviet-era words like misinformation and disinformation, who simply don’t like the idea that somebody with an alternative viewpoint might express a different opinion or, God forbid, vote a different way, or even worse, win an election,’ Vance said at the 2025 conference, which was held in February. 

European leaders challenged the remarks, and German Defense Minister Boris Pistorius said shortly after Vance delivered the statement that he perceived the statements as a comparison to ‘conditions in parts of Europe with those in authoritarian regimes.’

‘That is unacceptable, and it is not the Europe and not the democracy in which I live and am currently campaigning,’ Pistorius said. 

Meanwhile, Norwegian Prime Minister Jonas Gahr Støre claimed that Vance was off base on his comments about immigration in Europe.

‘He speaks as though we are not focused on immigration in Europe,’ Gahr Støre said. ‘I mean, this is the big theme in every country, that we want to have control of our borders.’

Fox News Digital reached out to conference officials for comment on Vance’s absence and has not yet received a reply. 

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

UNRWA officials urged congressional staffers to oppose a potential Trump administration move to designate the U.N. agency as a foreign terrorist organization, and discussed UNRWA’s ongoing operations in Gaza and the West Bank, including cash-based assistance, during a Dec. 17 briefing, Fox News Digital has learned.

The video conference was organized by UNRWA USA, the American nonprofit that supports the agency through advocacy and fundraising. UNRWA USA Executive Director Mara Kronenfeld opened the briefing by saying the goal was to make clear that UNRWA ‘is still on the ground’ in Gaza and the West Bank despite what she described as ‘the Netanyahu government’s insidious efforts to systematically prevent UNRWA from continuing its life-saving humanitarian work.’

During the meeting, briefers also raised reports that the U.S. government was considering designating UNRWA as a foreign terrorist organization and discussed with congressional offices what steps could be taken to ‘help prevent that and support UNRWA in its critical work,’ according to meeting details reviewed by Fox News Digital.

Bill Deere, UNRWA’s director in Washington, said ‘press reports appear to be true’ that the administration was considering a foreign terrorist organization designation for the agency.

‘This would be unprecedented for a U.N. agency to consider this. It is certainly unwarranted,’ Deere said, asserting that ‘four separate independent investigations’ dispute Israel’s allegations regarding UNRWA’s workforce. 

Deere urged congressional offices to respond forcefully.

‘You can loudly express your displeasure,’ Deere said, arguing that the ramifications would extend beyond UNRWA and set a precedent affecting the broader U.N. system.

‘If they go ahead and do this, our recourse with regard to this is limited,’ he said, adding that one step that could be taken is that ‘Congress can override the designation.’

The meeting featured UNRWA field leadership describing conditions and operations in Gaza and the West Bank.

Sam Rose, director of UNRWA affairs in Gaza, told participants that international staff were not entering Gaza because of the Israeli Knesset legislation, and that operations were being managed remotely.

Rose said that despite claims that UNRWA has been blocked, the agency’s services in Gaza haven’t stopped for a single day, pointing to primary healthcare, education, water and sanitation work, shelter operations and the use of UNRWA facilities as emergency shelters.

Rose also described the agency’s ability to operate programs that do not rely on immediate supply deliveries.

‘Cash assistance and job creation programs are also able to continue,’ he said and added, ‘we’re able to operate at scale.’

Roland Friedrich, introduced as director of UNRWA affairs in the West Bank, described UNRWA’s scale in the territory, including education, healthcare and assistance programs. He said UNRWA provides support to hundreds of thousands of Palestinian refugees, including aid that ‘can be cash assistance,’ along with other forms such as food vouchers and social protection payments.

Friedrich also described ‘cash for rent’ assistance for displaced people, and argued that UNRWA’s presence plays a stabilizing role across multiple countries in the region.

The officials also discussed workarounds that allow UNRWA to keep operating under restrictions.

Rose said UNRWA was still able to receive fuel and that certain coordination occurred through third parties, describing indirect engagement involving U.N. channels. He said fuel could run power generators and water pumps and emphasized the importance of keeping basic services running.

On aid flows, Rose said Israel was reporting truck numbers that reached 600 per day, and he said he did not have reason to doubt the overall count. At the same time, he argued that the mix of goods entering had shifted, with commercial supplies playing a larger role while certain humanitarian items remained restricted for U.N. agencies. He described what he called a two-tier system, where some items blocked from U.N. use could enter through private channels.

Beyond the operational discussion, the briefing included explicit advocacy aimed at congressional offices.

Kronenfeld urged participants to support legislation described in the meeting as the UNRWA Funding Emergency Restoration Act of 2025, and she thanked offices already backing efforts to restore U.S. funding, describing the United States as historically UNRWA’s largest donor before the funding halt in 2024.

UNRWA USA did not respond to multiple requests for comment from Fox News Digital. UNRWA also did not respond.

William Deere, director of the UNRWA Representative Office in Washington, D.C., provided the following statement in response to a request for comment from Fox News Digital:

‘UNRWA participates in briefings hosted by the UNRWA USA National Committee and attended by bicameral groups of Republican and Democratic staff from Capitol Hill, as well as think tanks and nongovernmental organizations. Briefings like these are important opportunities for the Agency to respond to the government of Israel’s ongoing disinformation campaign suggesting that UNRWA is no longer actively working in Gaza. Quite the opposite is true. Every day, UNRWA staff are delivering critical services in Gaza and the West Bank, including East Jerusalem. In fact, in a recent letter to the U.S. Government Accountability Office, UNRWA thanked President Trump for negotiating the ceasefire, which allows the world to turn to Gaza’s future.’

Deere added: ‘In Gaza, UNRWA medical personnel deliver 40 percent of primary healthcare and play a critical role in distributing water, promoting public health through immunization campaigns, pest control, nutrition screenings, and the disposal of solid waste. UNRWA is also leading the way in Gaza education, stepping up its ‘back to learning’ program, with almost 70,000 children now accessing the Agency’s in-person learning activities. The West Bank, including East Jerusalem, is also a challenging area in which to work, especially given the various laws approved by the Israeli Knesset, and policymakers are always interested to hear the impacts of these laws firsthand from our experts.’

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Global sustainability strategies are entering a more politically complex phase in 2026 as governments and companies balance immediate economic pressures against long-term climate risks.

In a report published on Wednesday (January 14), S&P Global says that sustainability decision making in 2026 will be shaped by a growing tension between near-term priorities (energy security, affordability, geopolitical risk) and longer-term realities (climate adaptation, decarbonization, resource constraints).

The result is a move away from multilateral coordination toward a patchwork of national and regional responses.

Regulatory fatigue reshapes supply chains, critical minerals take center stage

Trade tensions, protectionist policies and political fatigue around sustainability regulation are pushing climate and human rights risks in supply chains out of the spotlight.

S&P Global notes that as regulatory momentum slows in some jurisdictions, companies may increasingly need to treat climate exposure as a core risk management issue rather than a compliance exercise.

The EU remains a key exception, though its policy direction is evolving. While the bloc has introduced far-reaching disclosure and due diligence rules, it is also simplifying parts of its regulatory framework.

Meanwhile, the EU’s carbon border adjustment mechanism, which took full effect on January 1, is expected to add at least US$15 billion in costs to imports from carbon-intensive producers, potentially reshaping global trade flows.

Furthermore, the firm said critical minerals will sit at the center of these dynamics in 2026.

Materials such as copper, lithium and rare earths underpin electrification, clean energy deployment and AI infrastructure, making access to them a central feature of trade diplomacy and investment.

China is expected to retain its lead in cleantech manufacturing, reinforcing its role as both a key supplier and a strategic risk for countries pursuing energy transitions.

Energy policy diverges as fossil fuels rebound, renewables expand

Another aspect of fragmentation is most visible in energy policy, where global fossil fuel demand rebounded faster than many policymakers expected after the pandemic and is projected to continue growing modestly.

In contrast, renewable energy remains the fastest-growing segment, though from a smaller base. S&P Global Energy estimates that fossil fuel demand will rise by less than 1 percent in 2026 compared with 2025, while solar and wind generation are expected to grow by more than 17 percent.

Similarly, the divergence between the world’s two largest economies is particularly stark.

The US has prioritized expanding fossil fuel exports, while China continues to invest heavily across clean energy supply chains such as solar manufacturing and electric vehicles.

The report said that this same divergence leaves many countries navigating trade offs between supply security and dependence. China continues to maintain a dominant position in clean energy technologies and has demonstrated its willingness to use export controls on strategic materials such as rare earths.

Despite continued growth in renewables, S&P Global expects 2026 to mark the first year-on-year decline in global solar capacity additions, driven largely by a slowdown in China.

While overall renewable capacity will still expand, analysts said the period of uninterrupted growth is ending.

At the same time, increasing renewable penetration is pushing wholesale power prices lower in some markets while accelerating demand for battery storage and more flexible power purchase agreements.

AI adds new strain to power systems

Artificial intelligence (AI) is adding further strain to energy systems.

The rapid expansion of AI-driven data centers is driving electricity demand sharply higher, complicating sustainability targets for both governments and corporations.

S&P Global estimates that data center power consumption could exceed 2,200 terawatt-hours by 2030, roughly equivalent to India’s current electricity use. Grid constraints, rising power prices in some regions and growing water stress are emerging as political and social flashpoints, particularly in parts of the US.

While major technology companies have made high-profile net-zero commitments, the report’s data shows that sustainability ambition across the data center sector remains uneven.

According to the firm’s 2024 Corporate Sustainability Assessment, 38 percent of assessed companies with data center operations do not have a net-zero target.

Analysts warned that rising AI-related energy demand may lead to increased fossil fuel use in the near term, with some regions delaying planned coal and gas plant retirements to maintain grid reliability.

Climate adaptation gains priority

The implications of rapid energy shifts also mean that climate adaptation and resilience are gaining prominence.

S&P Global said governments and investors increasingly recognize that the world is likely to overshoot the Paris Agreement’s 1.5 degree Celsius warming goal, making adaptation unavoidable.

Global economic losses from natural disasters reached US$320 billion in 2024, according to Munich Re, while UN data suggests the number of natural disasters could rise by 40 percent by 2030 without stronger mitigation.

Therefore, investment in adaptation is emerging as a major opportunity as well as a necessity. Singapore sovereign wealth fund GIC, for instance, estimates that adaptation and resilience investments could total US$9 trillion by 2050.

That theme featured prominently at Climate Week NYC in 2025 and at COP30, where governments agreed to triple public adaptation finance by 2035 from 2025 levels.

Taken altogether, S&P Global’s outlook points to a sustainability landscape that is less coordinated but no less consequential. While global consensus is weakening, pressures from various sectors are forcing governments and companies to make increasingly difficult trade offs as they chart their paths through 2026.

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

This post appeared first on investingnews.com

Ontario moved this week to fast track Canada Nickel Company’s (TSXV:CNC,OTCQX:CNIKF) Crawford nickel project, positioning what’s being billed as the western world’s largest nickel development as a cornerstone of the province’s push to secure domestic critical minerals supply chains.

Crawford is expected to attract roughly C$5 billion in investment and unlock what Ontario describes as the world’s second largest nickel reserves, located within the Timmins Nickel District.

The project includes plans for a large open-pit mine, two ore processing plants, associated mining infrastructure and downstream facilities to produce nickel for the stainless steel and electric vehicle markets.

“As President Trump takes aim at our economy, Ontario is moving at lightning speed to open this 100 per cent Canadian owned mine to create 4,000 jobs for Canadian workers,” said Stephen Lecce, Ontario’s minister of energy and mines.

“In 2026, our government is going full tilt to unlock one of the world’s largest nickel deposits that will supercharge our economy and help end China’s critical mineral dominance,’ he added.

Canada Nickel estimates the project will generate up to 2,000 jobs during construction and support about 1,300 direct jobs and 3,000 indirect jobs once in operation. The company also projects the development could contribute more than C$70 billion to Canada’s gross domestic product over its lifetime, with C$67 billion attributed to Ontario.

The Ontario government said Crawford will advance under its newly launched “One Project, One Process” framework, making it only the second mining development to receive the designation since the program was introduced in October.

The streamlined approach is designed to consolidate permitting, reduce regulatory timelines and provide greater certainty for large-scale projects deemed strategically important.

The provincial government said the new framework aims to cut mine permitting timelines by up to 50 percent, addressing a system that has historically taken more than a decade to approve major developments. Now the Ministry of Energy and Mines will serve as a single one-stop-shop for provincial approvals and Indigenous consultation.

Local officials have welcomed the move.

“Fast-tracking the Crawford Nickel Project through the ‘One Project, One Process’ framework sends a strong message that Northern Ontario is open for business,” said George Pirie, the member of provincial parliament for Timmins.

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

This post appeared first on investingnews.com

BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) are collaborating to extract up to 200 million tonnes of iron ore under two non-binding memorandums of understanding.

The companies said on Wednesday (January 14) that mining and extraction will be performed at BHP’s Yandi and Rio Tinto’s Yandicoogina operations, which sit approximately 80 kilometres away from each other.

“This is a clear example of productivity in action — unlocking new opportunities by making the most of our existing resources,” said Tim Day, BHP Western Australia’s iron ore asset president.

“Together we will extend the life of these operations, create additional value, and further support Western Australian jobs and local communities,” added Matthew Holcz, Rio Tinto’s iron ore chief executive.

Under the agreement, BHP will also supply its Yandi Lower Channel deposit wet iron ore to Rio Tinto for processing at existing wet plants under agreed-upon commercial terms.

BHP’s Yandi is a part of an 85/15 joint venture between BHP, Mitsui & Co. (TSE:8031,OTCPL:MITSF) and Itochu (TSE:8001,OTCPL:ITOCF). It produced 257 million tonnes of iron ore in 2023, which BHP says is “enough to make steel for approximately 2,980 Sydney Harbour Bridges.”

The companies will also collaborate on the development of Rio Tinto’s Wunbye deposit, located at the Yandicoogina operation. Yandicoogina is one of Rio Tinto’s highest-producing iron ore mines, and according to the company was among the first to operate a fleet of autonomous haul trucks and drills.

“The operation produces Hamersley Iron Yandi fines — a product with low impurities that delivers a high-iron sinter — used by customers across East Asia and Southern China in their steelmaking process,” Rio Tinto states on its website.

For this partnership, BHP and Rio Tinto will progress a conceptual study, then an order of magnitude study.

Regulatory and joint venture approvals, along with engagement with traditional owners, will be required for any implementation. Subject to a final investment decision, first ore from both deposits is anticipated early next decade.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (January 16) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$95,649.68, down by 1.5 percent over 24 hours.

Bitcoin price performance, January 16, 2025.

Bitcoin price performance, January 16, 2025.

Chart via TradingView

Ether (ETH) was priced at US$3,311.49, down by 2.0 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.07, down by 3.3 percent over 24 hours.
  • Solana (SOL) was trading at US$143.12, down by 1.5 percent over 24 hours.

Today’s crypto news to know

Trump pushes emergency power auction, shifts AI energy costs

US President Donald Trump and several state governors are pressing the operator of the largest US power grid to hold an emergency auction that would force major data center operators to finance new electricity generation needed for AI growth.

According to the Financial Times, the proposal would require tech companies to bid for long-term power contracts, potentially underwriting roughly US$15 billion in new power plants whether or not the electricity is ultimately used.

The push targets PJM Interconnection, which supplies power across the US Northeast and Midwest and sits at the center of the country’s fastest-growing data center corridor.

The administration is framing the move as a response to rising household electricity bills, which have climbed 13 percent since early 2025 amid surging demand from AI infrastructure.

Belgium’s KBC becomes first bank to offer Bitcoin, Ether trading under MiCA

Belgium’s KBC Bank is set to let retail customers buy and sell Bitcoin and Ether directly through its Bolero investment platform starting mid-February, marking a first for the country’s traditional banking sector.

The launch follows the full implementation of the EU’s Markets in Crypto-Assets Regulation (MiCA), which gives banks a clear legal pathway to offer crypto services.

Until now, Belgian investors largely relied on foreign exchanges or fintech apps to access digital assets.

The bank has completed the required Crypto-Asset Service Provider notification under MiCA, with oversight shared between Belgium’s market and central banking authorities. Under the framework, Bitcoin and Ether fall into a general category of crypto-assets rather than stablecoins.

ETH founder says blockchain is nearing its 2014 vision

Ethereum founder Vitalik Buterin says the network is finally delivering on its original 2014 vision, as a series of technical upgrades push the blockchain closer to scalable, decentralized application infrastructure.

Ethereum is now scaling, it is now cheap, and it is on track to get more scalable and cheaper thanks to the power of ZK-EVMs,’ Buterin posted on X.

His comments come as Ether climbed above US$3,300, reflecting renewed market confidence in the network’s long-term roadmap. Buterin also pointed to Ethereum’s shift to proof-of-stake, lower transaction fees, and advances in zero-knowledge scaling and sharding as foundational progress.

He acknowledged that competing narratives over the past several years distracted from the core mission, but argued the underlying technology has continued to strengthen. Improvements in decentralized messaging and privacy-focused tools were also cited as signs of ecosystem maturity.

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

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

This post appeared first on investingnews.com

Ontario has moved to fast-track Canada Nickel Company’s (TSXV:CNC,OTCQX:CNIKF,OTCQX:CNIKF) Crawford Nickel Project, positioning what is billed as the Western world’s largest nickel development as a cornerstone of the province’s push to secure domestic critical minerals supply chains.

Crawford is expected to attract roughly US$5 billion in investment and unlock what Ontario describes as the world’s second-largest nickel reserves, within the Timmins Nickel District.

The project includes plans for a large open-pit mine, two ore processing plants, associated mining infrastructure, and downstream facilities to produce nickel for stainless steel and electric vehicle markets.

“As President Trump takes aim at our economy, Ontario is moving at lightning speed to open this 100 per cent Canadian owned mine to create 4,000 jobs for Canadian workers,” said Stephen Lecce, Ontario’s Minister of Energy and Mines.

“In 2026, our government is going full tilt to unlock one of the world’s largest nickel deposits that will supercharge our economy and help end China’s critical mineral dominance.”

Canada Nickel estimates the project will generate up to 2,000 jobs during construction and support about 1,300 direct jobs and 3,000 indirect jobs once in operation.

The company also projects the development could contribute more than US$70 billion to Canada’s gross domestic product over its lifetime, with US$67 billion attributed to Ontario.

The Ontario government said the Crawford project will advance under its newly launched “One Project, One Process” framework, making it only the second mining development to receive the designation since the program was introduced in October.

The streamlined approach is designed to consolidate permitting, reduce regulatory timelines, and provide greater certainty for large-scale projects deemed strategically important.

The provincial government said the new framework aims to cut mine permitting timelines by up to 50 percent, addressing a system that has historically taken more than a decade to approve major developments.

Under the model, the Ministry of Energy and Mines shall serve as a single one-stop-shop for provincial approvals and Indigenous consultation.

Local officials welcomed the move. “Fast-tracking the Crawford Nickel Project through the ‘One Project, One Process’ framework sends a strong message that Northern Ontario is open for business,” said George Pirie, the member of provincial parliament for Timmins.

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

This post appeared first on investingnews.com