Connect with us
[bsa_pro_ad_space id=12]

International

Argentina President Javier Milei rejects UN’s ‘socialist’ ‘Pact for the Future’

Published

1 minute read

Anyone who follows world events likely knew this day was coming.  It was a given that when Argentina’s new President Javier Milei got his chance to speak at the UN, fireworks would ensue.

This week President Milei got his opportunity as world leaders flocked to New York to speak about the UN’s new Pact for the Future. While UN supporters like ‘outgoing’ US President Joe Biden and ‘hanging-on-by-a-thread’ Prime Minister Justin Trudeau gushed over the latest initiative, Milei took what you might call the completely opposite approach..

Milei ripped into the globalists on hand, rejecting the Pact for the Future and pledging Argentina “will not back any policy that implies the restriction of individual freedoms or trade, nor the violation of the natural rights of individuals.”

Beyond rejecting the UN plan Milei actually pitched his own, inviting nations to join a new “freedom agenda.”

After 15 years as a TV reporter with Global and CBC and as news director of RDTV in Red Deer, Duane set out on his own 2008 as a visual storyteller. During this period, he became fascinated with a burgeoning online world and how it could better serve local communities. This fascination led to Todayville, launched in 2016.

Follow Author

International

Elon Musk, Vivek Ramaswamy Outline Sweeping Plan to Cut Federal Regulations And Staffing

Published on

From the Daily Caller News Foundation 

By Mariane Angela

Elon Musk and Vivek Ramaswamy published an op-ed Wednesday in the Wall Street Journal that revealed their huge plans for the Department of Government Efficiency (DOGE).

Civil service protections won’t shield federal workers from mass layoffs, according to the op-ed. Musk and Ramaswamy outlined a sweeping plan to cut federal regulations and staffing, marking the most detailed glimpse yet into Trump’s downsizing strategy.

The pair, acting as “outside volunteers,” pledged to collaborate with Trump’s transition team to assemble a “lean team of small-government crusaders.” This team, they said, would work closely with the White House Office of Management and Budget to implement their vision.

The initiative focuses on three core objectives: cutting regulations, reducing administrative overhead, and achieving cost savings. Legal experts and advanced technology will help identify regulations that overstep congressional authority. These rules would be presented to Trump, who could halt enforcement and begin the repeal process through executive action.

“A drastic reduction in federal regulations provides sound industrial logic for mass head-count reductions across the federal bureaucracy. DOGE intends to work with embedded appointees in agencies to identify the minimum number of employees required at an agency for it to perform its constitutionally permissible and statutorily mandated functions,” the op-ed revealed.

Musk and Ramaswamy acknowledged the impact of their plan and said displaced workers should be treated with dignity, proposing incentives like early retirement packages and severance pay to ease their transition into private-sector roles. Despite common assumptions, civil service protections won’t prevent these layoffs, they contended, as long as the terminations are framed as reductions in force rather than targeting specific employees.

Musk and Ramaswamy also advocated for relocating federal agencies out of Washington, D.C., and encouraging voluntary resignations from remote workers unwilling to return to the office full-time. “If federal employees don’t want to show up, American taxpayers shouldn’t pay them for the Covid-era privilege of staying home,” they said.

Ramaswamy said Tuesday that federal employees must return to the office full-time. He noted on X, previously known as Twitter, that unions are hastily revising agreements to prevent job losses, claiming the prospect of a five-day office schedule has left some “in tears.”

Trump announced that Musk and Ramaswamy will co-lead a newly created DOGE during his second term. The duo will work with the White House Office of Management and Budget to streamline federal agencies, reduce wasteful spending, and eliminate excessive regulations.

Continue Reading

Energy

What does a Trump presidency means for Canadian energy?

Published on

From Resource Works

Heather-Exner Pirot of the Business Council of Canada and the Macdonald-Laurier Institute spoke with Resource Works about the transition to Donald Trump’s energy policy, hopes for Keystone XL’s revival, EVs, and more. 

Do you think it is accurate to say that Trump’s energy policy will be the complete opposite of Joe Biden’s? Or will it be more nuanced than that?

It’s more nuanced than that. US oil and gas production did grow under Biden, as it did under Obama. It’s actually at record levels right now. The US is producing the most oil and gas per day that any nation has ever produced in the history of the world.

That said, the federal government in the US has imposed relatively little control over production. In the absence of restrictive emissions and climate policies that we have in Canada, most of the oil production decisions have been made based on market forces. With prices where they’re at currently, there’s not a lot of shareholder appetite to grow that significantly.

The few areas you can expect change: leasing more federal lands and off shore areas for oil and gas development; rescinding the pause in LNG export permits; eliminating the new methane fee; and removing Biden’s ambitious vehicle fuel efficiency standards, which would subsequently maintain gas demand.

I would say on nuclear energy, there won’t be a reversal, as that file has earned bipartisan support. If anything, a Trump Admin would push regulators to approve SMRs models and projects faster. They want more of all kinds of energy.

Is Keystone XL a dead letter, or is there enough planning and infrastructure still in-place to restart that project?

I haven’t heard any appetite in the private sector to restart that in the short term. I know Alberta is pushing it. I do think it makes sense for North American energy security – energy dominance, as the Trump Admin calls – and I believe there is a market for more Canadian oil in the USA; it makes economic sense. But it’s still looked at as too politically risky for investors.

To have it move forward I think you would need some government support to derisk it. A TMX model, even. And clear evidence of social license and bipartisan support so it can survive the next election on both sides of the border.

Frankly, Northern Gateway is the better project for Canada to restart, under a Conservative government.

Keystone XL was cancelled by Biden prior to the invasion of Ukraine in 2022. Do you think that the reshoring/friendshoring of the energy supply is a far bigger priority now?

It absolutely is a bigger priority. But it’s also a smaller threat. You need to appreciate that North America has become much more energy independent and secure than it has ever been. Both US and Canada are producing at record levels. Combined, we now produce more than the Middle East (41 million boe/d vs 38 million boe/d). And Canada has taken a growing share of US imports (now 60%) even as their import levels have declined.

But there are two risks on the horizon: the first is that oil is a non renewable resource and the US is expected to reach a peak in shale oil production in the next few years. No one wants to go back to the days when OPEC + had dominant market power. I think there will be a lot of demand for Canadian oil to fill the gap left by any decline in US oil production. And Norway’s production is expected to peak imminently as well.

The second is the need from our allies for LNG. Europe is still dependent on Russia for natural gas, energy demand is growing in Asia, and high industrial energy costs are weighing on both. More and cheaper LNG from North America is highly important for the energy security of our allies, and thus the western alliance as it faces a challenge from Russia, China and Iran.

Canada has little choice but to follow the US lead on many issues such as EVs and tariffs on China. Regarding energy policy, does Canada’s relative strength in the oil and gas sector give it a stronger hand when it comes to having an independent energy policy?

I don’t think we want an independent energy policy. I would argue we both benefit from alignment and interdependence. And we’ve built up that interdependence on the infrastructure side over decades: pipelines, refineries, transmission, everything.

That interdependence gives us a stronger hand in other areas of the economy. Any tariffs on Canadian energy would absolutely not be in American’s interests in terms of their energy dominance agenda. Trump wants to drop energy costs, not hike them.

I think we can leverage tariff exemptions in energy to other sectors, such as manufacturing, which is more vulnerable. But you have to make the case for why that makes sense for US, not just Canada. And that’s because we need as much industrial capacity in the west as we can muster to counter China and Russia. America First is fine, but this is not the time for America Alone.

Do you see provinces like Alberta and Saskatchewan being more on-side with the US than the federal government when it comes to energy?

Of course. The North American capital that is threatening their economic interests is not Washington DC; it’s Ottawa.

I think you are seeing some recognition – much belated and fast on the heels of an emissions cap that could shut in over 2 million boe of production! – that what makes Canada important to the United States and in the world is our oil and gas and uranium and critical minerals and agricultural products.

We’ve spent almost a decade constraining those sectors. There is no doubt a Trump Admin will be complicated, but at the very least it’s clarified how important those sectors are to our soft and hard power.

It’s not too late for Canada to flex its muscles on the world stage and use its resources to advance our national interests, and our allies’ interests. In fact, it’s absolutely critical that we do so.

Continue Reading

Trending

X