Measures

• U.S. lawmakers and Silicon Valley leaders are converging on policies to counter China's rapid AI advances, viewing it as a strategic economic battle. • House Speaker Mike Johnson urged tech firms to keep chips, data centers, and AI systems domestic and away from geopolitical rivals. • Proposed GAIN AI Act would mandate prioritizing U.S. access to advanced AI chips and require export licenses to countries of concern.

• Elemental Royalty (ELE) reported a 128% revenue increase for 2025, significantly exceeding previous guidance and providing strong signals for royalty sector growth into 2026. • piHarrow (HROW) launched a $50 million senior unsecured notes offering to fund expansion, demonstrating continued corporate access to debt markets despite broader market uncertainty. • RenX (RENX) announced a reverse stock split as a remedial measure to regain Nasdaq compliance, with implications for share float and liquidity dynamics.

IEA makes 10 recommendations to help households and businesses prepare for a drawn-out disruption to energy marketsThe world’s energy watchdog has advised governments to reduce highway speeds and encouraged workers to carpool or, ideally, work from home to combat soaring oil prices and impending fuel shortages caused by the Middle East conflict.It has also recommended countries consider limiting car access to designated zones in large cities, by giving vehicles with odd-numbered plates access on different weekdays to those with even-numbered plates.Work from home where possible to save petrol.Reduce highway speed limits by at least 10km/h to reduce fuel usage.Encourage public transport to reduce oil demand.Limit car access to roads in large cities through a number-plate rotation scheme.Increase car sharing.Encourage efficient driving for commercial vehicles through load optimisation and vehicle maintenance.Divert LPG use from transport to preserve it for essential needs like cooking.Avoid air travel where possible.Encourage electric cooking and other options to reduce reliance on LPG.Help industrial facilities switch between different petrochemical feedstocks to free up LPG. Continue reading...