Children's book by N.S. author about celebrating Black boys
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Diane Francis: Trump sets his sights on the banking industry
Last week, U.S. President Donald Trump signed an executive order that aims to prevent banks from discriminating against customers because of their politics, religion or 'lawful business activities,' such as owning crypto assets. He told CNBC that in years past, JPMorgan Chase and other banks have 'discriminated against me very badly, and I was very good to the banks.' Apparently, such complaints are not uncommon. 'Conservatives have said that regulators appointed by President Joe Biden spent past years conscripting banks to target Trump's political opponents. Tech investor and Trump adviser Marc Andreessen had said about 30 founders of tech start-ups were 'de-banked.' He called the project 'Operation Chokepoint 2.0.,' ' read a recent report in the Washington Post. In an attempt to prevent increased scrutiny from the federal government, many banks have increased their lobbying and updated their policies to make it clear that they don't discriminate on the basis of politics or religion. But financial institutions will face future scrutiny. While this is an American initiative, it will affect Canadian banks because of their extensive operations south of the border. Canada's five biggest companies are all banks based in Toronto. Many of them own branches and extensive in assets south of the border. It's hard to believe that there would be a concerted top-down initiative to de-bank customers purely based on politics, but in America's deeply polarized society with its localized banks, this would not be surprising. Moreover, their restrictions on financial and tech startups is understandable and began because two banks specializing in crypto — Silvergate and Signature — went bust in 2023, according to the Washington Post. They failed because they didn't appropriately manage the risks, said Steven Kelly, former associate director of research at the Yale Program on Financial Stability. But Trump's fight with banks that allegedly discriminate against the cryptocurrency industry is also political, as he intends to make America the world's crypto capital. Trump's crypto business has boomed and is worth billions. Currently, Canadian banks are gun-shy about crypto, but they may now be forced to start dealing with crypto startups, at least in the U.S. However, Canada's foreign ownership restrictions may prove to be an a bigger challenge, for both Ottawa and the Big Five banks. Trump has publicly, and incorrectly, claimed that Canadian restrictions mean that American banks are forbidden from operating in Canada. 'Canada doesn't allow American Banks to do business in Canada, but their banks flood the American Market. Oh, that seems fair to me, doesn't it?' Trump wrote on social media in March. That's untrue. There are 16 U.S.-based bank subsidiaries operating in Canada with billions in assets, according to the Canadian Bankers Association. But American banks operating in Canada are heavily regulated and somewhat restricted when it comes to providing retail banking services to consumers. It seems clear that Trump wants to eliminate all barriers to entry so that American banks can directly compete in Canada against local banks and offer the same services that Canadian banks provide. So stay tuned. Trump has never let the facts get in the way of a policy. Sign in to access your portfolio
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Perseids meteor shower 2025 will peak Tuesday night: When and where to watch the year's brightest shower
The Perseids is considered the best, most visible meteor shower of the year, according to NASA. The Perseids meteor shower will peak Tuesday night into Wednesday morning, with up to 100 streaks visible every hour. The Perseids shower, which has been active since July 17, is 'considered the best meteor shower of the year,' according to NASA. Experts note that the moon may impact some visibility, but viewers will still be able to watch the shower if they're in a dark area away from city lights and their phones. Here's what to know to prepare for the year's biggest meteor shower. What is a meteor shower? Meteoroids are falling pieces of debris from comets and asteroids that, as they enter the Earth's atmosphere, turn into meteors, according to NASA. As meteors vaporize, their trails are visible from Earth, which is what we call 'shooting stars' or 'falling stars.' A meteor shower is what happens when there's a higher-than-usual number of meteors falling across the sky in a short period of time. Meteor showers happen at certain times throughout the year because comets also orbit the sun, so when a comet and the Earth cross paths, the Earth encounters a lot of the comet's debris, or meteoroids. What to know about the Perseids meteor shower The Perseids meteors leave particularly long, bright trails as they fall through Earth's atmosphere, with about 50 to 100 streaks expected to be visible every hour at its peak. The Perseids shower comes from comet 109/Swift-Tuttle, a comet that takes 133 years to orbit the sun and crosses the Earth's orbit once a year. The shower's name comes from the constellation Perseus, NASA explains, which is the point in the sky from which the Perseids meteors are visibly falling. Fireballs are also anticipated to appear throughout Tuesday night into Wednesday. 'Fireballs' is an astronomical term used by NASA to describe meteoroids that burst into bright colors while in the Earth's atmosphere, becoming more visible than average meteors. How to watch the Perseids meteor shower Northern Hemisphere residents will have the best Perseids views, NASA reports. But this year's shower does coincide with the rise of a waning gibbous moon, the phase between a full moon and a half moon, which could impact visibility, warned. To find the best time to see the Perseids shower where you are, check the Global Meteor Network's meteor-tracking meter. Solve the daily Crossword
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Packers Training Camp Practice News and Notes, 8/11: RBs return from injury
We got some good news on the injury front on Monday. According to Weston Hodkiewicz, the Green Bay Packers got running back Emanuel Wilson (knee), running back MarShawn Lloyd (groin), left tackle Rasheed Walker (groin) and cornerback Kamal Hadden (hip) back in their practice that was closed to all but the media today. Nine other players remain out of action, but at least four are trending in the right direction. The players still injured are running back Jalen White (unknown), receiver Christian Watson (knee), receiver Jayden Reed (foot), receiver Dontayvion Wicks (calf), offensive lineman John Williams (back), defensive end Collin Oliver (hamstring), cornerback Nate Hobbs (knee), safety Xavier McKinney (calf) and safety Zayne Anderson (knee). Watson, Williams and Oliver are still on the Packers' injury lists, as they have yet to participate in a practice since the start of training camp. Cornerback Isaiah Dunn (knee) has also been added to the group of injured players. Another bright spot, though? Cornerback Corey Ballentine, who dropped out in the Packers' first preseason game against the New York Jets, was at practice today, so it appears the team dodged that bullet. Now, let's get into the action on the field on Monday. Offense With Rasheed Walker still dinged up, Jordan Morgan got looks at left tackle in team drills today. Morgan took a big step in the right direction over the last week. He looked shaky on Family Night, but performed well against the Jets. His pass protection drew attention today, so hopefully this improvement continues. Another young tackle, Anthony Belton, got some first-team reps at right tackle on Monday. No one is expecting Belton to displace the recently-extended Zach Tom anytime soon, but Belton's mostly seen action with the second-team unit as a right tackle. The offensive staff has stated several times this offseason that their plan for the second-round rookie is to focus him on the tackle position this year. He might be next season's starting right guard, but we probably aren't getting a look at him there in 2025. Practice today didn't end on the usual competitive two-minute drill. Instead, it was a two-point showdown between the offense and defense. Per Mike Spofford, the first-team offense only converted one of three attempts, a completion to receiver Savion Williams. Tight end Tucker Kraft fell on one of the attempts, and the final play of practice was a Jordan Love interception that fell into the hands of cornerback Keisean Nixon. The second-team offense went two of two, though, with an Amar Johnson run and Malik Heath catch. Defense Per Packer Report's Andy Herman, defensive end Lukas Van Ness recorded at least four sacks today in team periods. For the most part, it sounds like the defensive line continues to look good in the pass-rushing department. Other individuals who received praise from the press on hand include Rashan Gary, Colby Wooden and Karl Brooks. Linebacker Quay Walker also participated as the starting middle linebacker in team drills today. Walker was held out against the Jets, so Edgerrin Cooper and Isaiah McDuffie received first-team reps in two-linebackers sets with the team on Saturday night, with Isaiah Simmons playing the third linebacker spot. In his press conference on Sunday, defensive coordinator Jeff Hafley stressed that Walker needed to get more live-action reps with the squad. The Packers will have joint practices the next two weeks against the Indianapolis Colts and Seattle Seahawks. According to head coach Matt LaFleur, the plan is for the starters to get most of their work in this week in those joint practices, play backups against the Colts in the actual preseason game and then have the starters go against the Seahawks. Special Teams Irish kicker Mark McNamee got his first practice action on Monday after handling kickoff duties against the Jets. He was two of three on both of his series of kicks, a total of four of six for the day. McNamee isn't a threat to take Brandon McManus' job this year, but the staff has said that they're going to see whether McNamee can displace Australian kicker Alex Hale, who was let go with an injury designation earlier in camp. Apparently, Hale was injured outside of the facility. Last year, he was the Packers' designated international player, which means he didn't count against the team's 90-man offseason roster or the squad's 16-man practice squad. Green Bay has left the door open for Hale's return, depending on how McNamee performs.
