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Anna's Daybreak News

_{Just facts, you think for yourself}

Thursday, 5:12 AM

March 6, 2025

Good morning news friend! Follow the moments that define today and shape what comes next. 📰🌟

Would you like to see the poll results and comments from our previous edition? There were so many comments that we had to divide them in three parts! (1)Click here to see what other readers had to say about President Trumps term so far, part 1. (2)Click here to see part 2. (3)Click here to see what other readers had to say about: BlackRock buying the Panama Canal, their work situation, heart disease and more!

Trump Exempts Automakers from Tariffs

President Trump announced a one-month exemption from the 25% tariff on automobiles imported from Canada and Mexico. This move aims to support US automakers, particularly Ford, General Motors, and Stellantis.

The exemption allows vehicles meeting the US-Mexico-Canada Agreement (USMCA) requirements to avoid tariffs until April 2. The USMCA mandates that 75% of vehicle content originate from North America.

Additionally, 40% of passenger car content and 45% of pickup truck content must be manufactured in the US or Canada.

Trade tensions threaten Canada's economic recovery, as 75% of its exports go to the US. Also, 33% of Canada’s imports come from the US.

Sources: WallStreetJournal, Reuters, APNews, Bloomberg, FinancialTimes.

Supreme Court Rejects Trump’s Foreign Aid Freeze

The US Supreme Court voted 5-4 to reinstate a lower court order mandating the Trump administration to release nearly $2 billion in frozen foreign aid.

This decision reversed the administration's appeal of US District Judge Amir Ali's ruling, which had required prompt payment for completed aid work.

The Supreme Court's majority included Chief Justice John Roberts and Justice Amy Coney Barrett, aligning with three liberal justices. They instructed Judge Ali to clarify compliance obligations following the missed deadline.

In dissent, Justice Samuel Alito criticized the decision, expressing astonishment at the court's move to compel payment.

Sources: APNews, Reuters, Bloomberg, NYTimes, WallStreetJournal.

Factory Orders and Services Sector Surge

In January, US factory orders rebounded by 1.7%, totaling $589.9 billion, following a 0.6% decline in December. Civilian aircraft orders rose by 93.9%.

Meanwhile, the services sector also expanded, with the ISM Services Purchasing Managers' Index (PMI) climbing to 53.5% in February, up from 52.8%.

This indicates growth, with the New Orders Index increasing to 52.2% and the Employment Index reaching 53.9%—its highest level in three years.

Concerns remain regarding inflation, as consumer prices increased by 3.0% year-on-year in January.

Sources: Reuters, Reuters[2], Reuters[3], ForexFactory, BusinessStandard, MarketScreener.

US Sanctions Nemesis Darknet Marketplace

The US Treasury sanctioned Iranian national Behrouz Parsarad, who ran the Nemesis Darknet Marketplace.

Nemesis Market, shut down in March 2024, was a hub for illegal activities. Over 150,000 user accounts and more than 1,100 seller accounts were registered on the site.

The marketplace operated on the Tor network and offered drugs, stolen goods, and cybercrime services like DDoS attacks and ransomware. Between 2021 and 2024, Nemesis enabled the sale of tens of millions of dollars worth of drugs.

Parsarad controlled the website and its cryptocurrency wallets, profiting from transaction fees and money laundering.

Sources: Decrypt, SecurityWeek, CryptoSlate, TronWeekly, CSN.

Not All Generic Drugs Are Created Equal

Researchers found a 54% higher likelihood of severe adverse events such as hospitalization and death with generic drugs made in India compared to US generics.

The study analyzed 2,443 drugs, matching Indian-made generics to their US counterparts. The findings indicate that older drugs on the market pose greater risks.

Issues arise partly from the manufacturing and inspection practices; US inspections are often unannounced, while overseas inspections are scheduled in advance.

The FDA claims all generics should be equally safe. However, the study suggests this is not the case.

Sources: SciTechDaily, ScienceAlert, FinancialExpress.

Impact of Social Media on Body and Mind

Adults spend nearly two hours daily on social media, while younger users often exceed five hours. A study revealed unique physiological responses when scrolling through Instagram.

Participants experienced slowed heart rates and increased sweating, indicating deep immersion. Switching back to reading news articles raised heart rates and heightened sweating, reflecting stress and anxiety.

Participants reported cravings for social media when disconnected, suggesting addiction-like symptoms. However, the physiological effects were consistent across all participants, regardless of their addiction questionnaire scores.

Social media also distorts memory and perception. Celebrity lifestyles create unrealistic benchmarks, leading to dissatisfaction among users. Social media algorithms reinforce echo chambers.

Sources: ScienceAlert, MMD, Vice.

“Religion isn’t so much about telling man that there is one God as about preventing man from thinking that he is God.”

Did you know we also write in-depth deep dives? They are long, packed with insights, and have received rave reviews. If you’re up for a detailed, action-packed read, check them out:

• America’s Opioid Crisis

• AI and the Age of Intelligence

• Iran’s Nuclear Program 

Baked with love,

Anna Eisenberg ❤️