Sponsored by Granada Gold

Raskin Bill Targets Trump Removal

Rep. Jamie Raskin, the top Democrat on the House Judiciary Committee, introduced legislation today to establish a commission tasked with evaluating President Donald Trump’s fitness for office under the 25th Amendment. Backed by 50 Democratic co-sponsors, the bill aims to create a 17-member Commission on Presidential Capacity to determine if Trump is mentally or physically incapacitated to discharge his duties.

The move comes amid growing concerns over Trump’s recent behavior, including his threatening rhetoric on the US war with Iran. Raskin highlighted Trump’s social media posts, such as an image depicting himself as Jesus—later clarified by Trump as portraying a doctor—and a prior warning that “a whole civilization will die tonight” if Iran failed to meet his demands on reopening the Strait of Hormuz. Though Trump later announced a two-week ceasefire, the initial threats fueled calls for action.

You can read more on the matter here.

What’s going on?

• Carney Shrugs Off Poilievre’s “Badly Educated On Economics” Remark: “Did He? Wow.” (theDeepDive)

• JD Vance defends Trump amid spat with Pope Leo: ‘Stick to matters of morality’ (TG)

• Megyn Kelly Says All Trump Has Left are ‘Fox News Boomers’ (theDeepDive)

• Liberals secure majority government with sweep of three by-elections (Globe)

• Canada Suspends Federal Fuel Tax as Gas Prices Surge Amid Iran Conflict (theDeepDive)

• Donald Trump says Giorgia Meloni lacks courage (FT)

• CityNews Reporter Fired As Her Doug Ford Stories Disappear (theDeepDive)

• U.S. Says No Ships Passed Iran Blockade in First 24 Hours (WSJ)

• Critics Question Trump’s DoorDash Grandma Identity After Prior GOP Testimony (theDeepDive)

• Trump says gas prices ‘could be the same’ or ‘a little bit higher’ by the midterms (CNBC)

• US Home Sellers Outnumber Buyers by a Record 630,000—and the Iran War Is Making It Worse (theDeepDive)

What’s the latest?

• Layoffs: Josh D’Amaro announced about 1,000 layoffs across marketing, studios, ESPN, and tech as The Walt Disney Company restructures to become more agile. The move follows earlier cuts of 7,000 jobs in 2023 aimed at saving $5.5B, amid industry pressures like declining TV revenues and increased competition. Disney had roughly 231,000 employees as of its last fiscal year.

• AI: AI’s labor impact remains debated, with Dario Amodei warning unemployment could reach 20% within 5 years, while Jack Clark argues disruption is manageable and policy-driven. Adoption is rising—about 50% of U.S. workers use AI, but only 13% use it daily, limiting productivity gains so far. Meanwhile, companies are investing heavily in reskilling (e.g., 300,000 employees at Infosys) and prioritizing AI strategy roles, suggesting augmentation over mass displacement in the near term.

• Markets: Canada’s S&P/TSX rose +124.98 points to 34,004, led by tech, while U.S. markets also gained (Dow +272, S&P 500 +55.77, Nasdaq +292.35). Oil fell $5.08 to $94/barrel, while gold rose $50.30 to $4,817.70/oz. The Canadian dollar strengthened to 72.69 US cents.

• Energy: Scott Thomson says Middle East conflict could increase demand for Canadian energy exports, positioning Canada as a more secure supplier in a volatile market. He emphasized the importance of renewing CUSMA and warned that even modest trade frictions can disrupt supply chains and raise costs across key sectors. Scotiabank also plans to release its energy supply ratio, detailing the balance between fossil fuel and low-carbon financing.

• Politics: The U.S. and Iran are exploring a second round of talks within 2 days, potentially in Pakistan or Geneva, after failed initial negotiations, while the war (now 7 weeks) has killed ~3,000 in Iran, 2,000+ in Lebanon, 23 in Israel, and 13 U.S. troops. The U.S. blockade of Iranian ports halted traffic, with 0 ships passing in the first 24 hours and multiple vessels turning back, disrupting a route that normally carries ~20% of global oil. Ongoing tensions, including 26 Hezbollah attacks in one day and continued Israeli strikes, risk reigniting broader conflict despite a fragile ceasefire.

G Mining - G2 Acquisition

The stock market and stuff

• Eldorado Gold Closes On $3.8 Billion Acquisition of Foran Mining (theDeepDive)

• Fire Breaks Out at BYD Facility in Shenzhen, No Injuries Reported (theDeepDive)

• Why Amazon Is Buying Starlink Rival Globalstar in $11 Billion Deal (WSJ)

• Kraken Refuses to Pay Extortionists After Insiders Leaked Client Data—Twice (theDeepDive)

• Orla Mining Sees Production Slip In First Quarter (theDeepDive)

In the juniors

• American Eagle Gold Goes Hostile with $31 Million Bid for Pacific Booker (theDeepDive)

• Tiger Gold Accelerates Drilling at Ceibal and Increases Initial Drill Program to 5,000 Metres (JMN)

• Canadian Copper Strikes $96 Million Financing Deal to Jumpstart Bathurst Project (theDeepDive)

FULL DISCLOSURE: Granada Gold is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Granada Gold. The author has been compensated to cover Granada Gold on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.