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Environment, Science

Tariff Bond Shortfall Hits Record $3.5 Billion

Felipe Cardona February 12, 2026

A record number of U.S. importers are struggling to meet federal financial guarantee requirements tied to tariff payments, leading to an unprecedented $3.5 billion shortfall in customs bond coverage. The surge reflects the mounting impact of tariff policies that have sharply increased duty obligations for companies shipping goods into the United States. Data released by U.S. Customs and Border Protection show that bond “insufficiencies” reached 27,479 cases in fiscal 2025,

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Other Notable Stories

Senate Grills Top Immigration Officials as DHS Shutdown Deadline Nears

SMGN Publishing February 12, 2026

Top leaders from the federal agencies responsible for immigration enforcement are appearing before the U.S. Senate Committee on Homeland Security as lawmakers race against time

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Are the 2026 Winter Olympics in Italy Truly Sustainable?

Sarah Olivella February 12, 2026

The 2026 Winter Olympics in Italy were envisioned as a global benchmark for sustainability, environmental responsibility, and climate-conscious development. Awarded to Milan and Cortina d’Ampezzo,

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More News

The Tenement Museum Offers a New Perspective on U.S. History Through Everyday Lives

SMGN Publishing October 10, 2025

An Immersive Educational Experience in New York Inside an old tenement building in New York City, the Tenement Museum is reshaping how students experience American

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Sora’s Rise and the Debate Over AI-Generated Video Boundaries

SMGN Publishing October 10, 2025

The rapid success of OpenAI’s Sora app has reshaped how users create and engage with video content on social media. With millions of clips circulating

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“Kiss of the Spider Woman”: a film that transcends its musical flaws

SMGN Publishing October 10, 2025

A story of resilience and human connection Bill Condon’s Kiss of the Spider Woman stands out despite lacking a memorable musical score. While the songs

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Senators Move to Limit War Powers After U.S. Military Strikes in Caribbean Waters

SMGN Publishing October 9, 2025

Legislative response to recent military actions ordered by the president Two Democratic senators have introduced a resolution in the U.S. Senate seeking to restrict President

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Debate over the National Guard’s Role under the Trump Administration

SMGN Publishing October 9, 2025

Expanding Duties Raise Questions about Its Traditional Mission During his second term, President Donald Trump has increased the deployment of the National Guard across several

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Renewable Energy Surpasses Coal in Global Power Generation for the First Time

SMGN Publishing October 9, 2025

A Historic Shift in the World’s Energy Mix For the first time in history, renewable energy sources have overtaken coal as the world’s main source

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Hungarian Author László Krasznahorkai Awarded 2025 Nobel Prize in Literature

SMGN Publishing October 9, 2025

Honoring a visionary and deeply philosophical literary legacy Hungarian novelist László Krasznahorkai, aged 71, has been awarded the 2025 Nobel Prize in Literature, the Nobel

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Gaza Peace Deal: Israel and Hamas Begin First Phase Toward Ceasefire and Reconstruction

SMGN Publishing October 9, 2025

A breakthrough toward de-escalation in Gaza After years of conflict and humanitarian crisis, Israel and Hamas have reportedly reached a long-awaited first phase of a

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China Tightens Rare Earth Export Controls, Reshaping Global Tech Supply Chains

SMGN Publishing October 9, 2025

Beijing’s new rules: tighter licensing, broader scope, sharper leverage China’s recent tightening of export controls covers not just raw rare earths but the technologies and

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