“The Federal Reserve cut interest rates today in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflation that ‘remains somewhat elevated.’ New projections issued after the U.S. central bank’s two-day meeting showed the median policymaker sees just one quarter-percentage-point cut in 2026, the same outlook as in September, with inflation expected to slow to around 2.4% by the end of next year, even as economic growth accelerates to an above-trend 2.3% and the unemployment rate remains at a moderate 4.4%. … The decision to lower the benchmark policy rate by a quarter of a percentage point to the 3.50%-3.75% range drew three dissents, with Chicago Fed President Austan Goolsbee joining Kansas City Fed President Jeffrey Schmid in arguing the policy rate should be left unchanged, and Fed Governor Stephen Miran again advocating a larger half-percentage-point reduction.” (12/10/25)
“Iceland will not take part in next year’s Eurovision Song Contest, the country’s public broadcaster has said, joining four other countries boycotting the event over Israel’s inclusion. Broadcaster RUV said on Wednesday that the Nordic nation would not participate in the 2026 competition, after organiser the European Broadcasting Union (EBU) greenlit Israel’s involvement last week, dismissing calls from some countries to hold a vote on whether to exclude the country. … Iceland, along with Ireland, Spain, Slovenia and the Netherlands, had threatened to boycott next year’s edition of the glitzy music contest, due to be held in Vienna in May, if Israel took part, citing its genocidal war on Palestinians in Gaza – as well as allegations that it unfairly intervened in the most recent competition to the benefit of its entrant.” (12/10/25)
“A federal judge ordered the Trump administration on Wednesday to immediately end its current deployment of California National Guard troops in Los Angeles, ruling that the federal government had illegally kept them in the city long after intense street protests had ended in the summer. The ruling by Judge Charles R. Breyer of the Federal District Court in San Francisco applies to about 100 National Guard soldiers who remain in Los Angeles six months after protests erupted over immigration raids. Judge Breyer directed the federal government to return control of the troops to Gov. Gavin Newsom of California, but he stayed his order until Monday. The Trump administration is expected to appeal.” (12/10/25)
“Opponents of military rule in Myanmar staged a joint protest on Wednesday calling on people to stay indoors to show they are boycotting elections scheduled for late this month. They defied harsh legal penalties for attempting to disrupt the polls. … Critics say the Dec. 28 polls will be neither free nor fair and are an effort by the military to legitimize its rule after seizing power from the elected government of Aung San Suu Kyi in February 2021. The General Strike Coordination Body, the leading non-violent organization opposing army rule, had urged people to join a ‘silent strike’ on Wednesday. It called on the public to stay inside homes or workplaces from 10 a.m. to 3 p.m. on International Human Rights Day. The tactic has been used on special occasions since the military takeover. Images on social media showed uncrowded streets in Yangon, Myanmar’s largest city, and elsewhere.” (12/10/25)
“A field in eastern England has revealed evidence of the earliest known instance of humans creating and controlling fire, a significant find that archaeologists say illuminates a dramatic turning point in the human story. In Barnham, Suffolk, the discovery of baked earth that formed a hearth, heat-shattered flint axes and two fragments of pyrite — a type of stone used to create sparks for lighting tinder — indicates that early humans, most likely Neanderthals, were able to make and maintain fires. ‘This is a 400,000-year-old site where we have the earliest evidence of making fire, not just in Britain or Europe, but in fact, anywhere else in the world,’ said Nick Ashton, curator of Palaeolithic collections at the British Museum in a news briefing. … The artifacts uncovered at the site are 350,000 years older than the previous known evidence of fire-making in the archaeological record, which was from a site in northern France.” (12/10/25)
After a VERY good Tuesday that I hoped would generate momentum, we had a “zero-dollar” Wednesday in our year-end fundraiser. Our total remains at $1,683.84. That’s $1,066.66 short of our $5,501 goal (once we’ve raised the first $2,750.50, supporter GL will “match funds” for the other half).
We run one formal fundraiser per year, with a pretty modest goal and one request: If you find value in the Internet’s oldest and longest-running daily news and commentary update for libertarians — and you wouldn’t be reading this if you didn’t — please return some of that value as financial support.
No, your $2.50 or $5 contribution is not “too small to bother with.” In fact, if each of our readers ponied up $2.50, we’d more than double our goal. So:
PLEASE SUPPORT THE FREEDOM MOVEMENT’S DAILY NEWSPAPER AT:
“Sperm from a donor who unknowingly carried a cancer-causing gene has been used to conceive nearly 200 babies across Europe, an investigation by 14 European public service broadcasters, including CBS News’ partner network BBC News, has revealed. Some children conceived using the sperm have already died from cancer, and the vast majority of those who inherited the gene will develop cancer in their lifetimes, geneticists said. The man carrying the gene passed screening checks before he became a donor at the European Sperm Bank when he was a student in 2005. His sperm has been used by women trying to conceive for 17 years across multiple countries.” (12/10/25)
“President Donald Trump’s administration wants the International Criminal Court to amend its founding document to ensure it does not investigate the Republican president and his top officials, a Trump administration official said, threatening new U.S. sanctions on the court if it did not. If the court does not act on this U.S. demand and two others — dropping investigations of Israeli leaders over the Gaza war and formally ending an earlier probe of U.S. troops over their actions in Afghanistan — Washington may penalize more ICC officials and could sanction the court itself, the official said. … ICC judges issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, former Israeli defense chief Yoav Gallant, and Hamas leader Ibrahim al-Masri last November for alleged war crimes and crimes against humanity during the Gaza conflict. In March 2020, prosecutors opened an investigation in Afghanistan that included possible crimes by U.S. troops.” (12/10/25)
“Elon Musk’s space exploration company SpaceX is preparing to list on the stock market next year in a move that could raise more than $25bn (£19bn) and value the business at more than $1tn, according to reports. SpaceX, which designs, builds and launches rockets, is said to have started discussions with banks about an initial public offering (IPO). It could join the stock market in about June or July, according Reuters, which cited an unnamed source familiar with the matter. A flotation could rival the market value that the oil company Saudi Aramco achieved during its listing in 2019, which remains the biggest in history. It raised $29bn at the time, at a valuation of $1.7tn.” (12/10/25)
“Venezuelan opposition leader María Corina Machado’s daughter accepted the Nobel Peace Prize on her mother’s behalf Wednesday, hours after officials said Machado would miss the ceremony. Machado has been in hiding and has not been seen in public since Jan. 9, when she was briefly detained after joining supporters in a protest in Caracas, Venezuela’s capital. … Jørgen Watne Frydnes, chair of the Norwegian Nobel committee, told the award ceremony that ‘María Corina Machado has done everything in her power to be able to attend the ceremony here today — a journey in a situation of extreme danger.’ ‘Although she will not be able to reach this ceremony and today’s events, we are profoundly happy to confirm that she is safe, and that she will be with us here in Oslo,’ he said to applause.” (12/10/25)
