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Monday, August 11, 2025

Trump says Ukraine, Russia will have to swap some land for peace

 "So I'm going in to speak to Vladimir Putin and I'm going to be telling him, 'You've got to end this war. You've got to end it.'  This is really a feel-out meeting a little bit. And President Putin invited me to get involved. He wants to get involved. I think, I believe he wants to get it over with. Now, I've said that a few times and I've been disappointed. The next meeting will be with Zelenskiy and Putin or Zelenskiy, Putin and me. I'll be there if they need, But I want to have a meeting set up between the two leaders.  Because there will be some land swapping going on. I know that through Russia and through conversations with everybody. To the good, for the good of Ukraine. Good stuff, not bad stuff. Also, some bad stuff for both. So there's good and there's bad."

Trump has in the past talked about land swaps but neither Russia nor Ukraine have been interested in ceding land to each other as part of a peace deal. Europeans worry that major concessions to Russia could create security problems for the West in the future.

Ukraine has sought to push back Russian invaders ever since the largest and deadliest war in Europe since World War Two began in February 2022. Russia justifies the war on the grounds of what it calls threats to its security from a Ukrainian pivot towards the West. Kyiv and its Western allies say the invasion is an imperial-style land grab.

https://www.yahoo.com/news/videos/trump-says-ukraine-russia-swap-180049677.html

Compass Therapeutics Positive Pipeline Updates

 

  • In the ongoing Phase 2/3 study of tovecimig (DLL4 x VEGF-A bispecific antibody) in patients with advanced biliary tract cancer, fewer deaths have been observed than originally projected. We believe this may suggest that tovecimig could be affecting overall survival in the patient population. As a result, the analysis of the secondary endpoints, including overall survival, is now expected in Q1 2026.
  • In the ongoing Phase 1 dose-escalation study of CTX-8371 (PD-1 x PD-L1 bispecific antibody) in patients treated in the post-checkpoint inhibitor setting, two deep and confirmed partial responses have been observed to date. A patient with non-small cell lung cancer had a 100% reduction in target lesion tumor burden and a patient with triple-negative breast cancer had >90% reduction in total target lesion tumor burden. Cohort expansions including patients with non-small cell lung cancer and triple-negative breast cancer are planned to begin in Q4 2025.
  • CTX-10726 (PD-1 x VEGF-A bispecific antibody) demonstrated superiority in both PD-1 inhibition and anti-tumor responses in mouse models compared to ivonescimab. IND filing is expected in Q4 2025 with clinical data in 2026.
  • Compass ended Q2 with $101 million in cash and marketable securities, which is expected to provide cash runway into 2027.

Second Quarter 2025 Conference Call and Webcast Details 

The management of Compass, Inc. will host a conference call and webcast for the investment community today, August 11, 2025, at 8:00 am Eastern Time. A live webcast may be accessed here. The conference call can be accessed by dialing toll-free (877) 407-9716 or (201) 493-6779 (international). The passcode for the conference call is 13754954.  

A replay of the webcast and slides referenced on the call will be available through “Events” in the Investors section of the company’s website after the conclusion of the presentation and will be archived on the Compass website for one year.  

https://www.globenewswire.com/news-release/2025/08/11/3130767/0/en/Compass-Therapeutics-Reports-2025-Second-Quarter-Financial-Results-and-Provides-Corporate-Update.html

Trump Says Gold Imports Won’t Be Tariffed in Reprieve for Market

 


President Donald Trump said Monday imports of gold will not face US tariffs, weighing in after a federal ruling caused chaos and confusion in global bullion markets.

“Gold will not be Tariffed!” Trump posted on social media.

https://www.bloomberg.com/news/articles/2025-08-11/trump-says-gold-imports-will-not-face-us-tariffs

Video shows Chinese ships crashing while trying to cut off Philippines boat in disputed waters

 

Dramatic footage shows two Chinese government ships violently colliding Monday while chasing down a Filipino coast guard vessel in a disputed area of the South China Sea.

A Chinese coast guard ship was in hot pursuit Monday when it “performed a risky maneuver,” then violently T-boned a massive Chinese navy ship, according to the Philippines coast guard, which shared the footage.

Crews could be heard shouting over the brutal sound of crunching metal, with photos showing the front of the Chinese vessel totally smashed.

The Chinese coast guard ship and People’s Liberation Army ship collided on Monday.Philippine Coast Guard

The “substantial damage” left the Chinese ship “unseaworthy,” said Philippines coast guard spokesperson Commodore Jay Tarriela, adding that China declined help for any potential injuries or rescues.

The wild showdown came about 12 miles from the contested Scarborough Shoal as two Philippines vessels were delivering food and fuel to around 35 Filipino fishing ships, GMANews reported.

Beijing has claimed nearly all of the South China Sea for its own, including areas claimed by other neighboring countries like the Philippines, Vietnam and Indonesia.

China confirmed there was a confrontation between the two countries but did not mention a collision, according to the BBC.

Philippines President Ferdinand “Bongbong” Marcos Jr. said his country would continue to assert its territorial claims in the region.

The CCG ship suffered severe damage, according to the Philippines’ Coast Guard.AP
The Filipino Coast Guard were delivering food and fuel to Filipino fisherman off a reef claimed by China.Philippine Coast Guard (PCG)/AFP via Getty Images

”We will continue to be present. We will continue to defend our territory. We will continue to exercise our sovereign rights. And despite any opposition from anyone, we will continue to do that as we have done in the past three years,” Marcos told reporters at a brief press conference hours after the incident, GMANews reported.

Marcos said that Monday’s altercation was likely the result of comments he made last week when he warned China that the Philippines could be dragged into a conflict between China and the United States over Taiwan.

https://nypost.com/2025/08/11/world-news/chinese-ship-crashes-in-showdown-with-philippines-boat-in-contested-waters/

Tevogen Targets Up to $14 B LT Revenue From Cancer and COVID Therapies



Tevogen Bio (NASDAQ: TVGN), a clinical-stage specialty immunotherapy biotech, has announced ambitious revenue projections for its oncology pipeline. The company forecasts $1 billion in revenue for the launch year and estimates cumulative 5-year revenue between $10-14 billion.

The company's lead candidate, TVGN 489, targets SARS-CoV-2 infection in cancer patients undergoing immunosuppressive treatments and chemotherapy. Tevogen's pipeline includes multiple candidates targeting various conditions, including cervical cancer, EBV-associated lymphomas, mouth and throat cancer, and multiple sclerosis. The total eligible patient population in the US exceeds 2 million patients.

Vance: Blue States Have Already Maxed Out Gerrymandering, Illegals In Census

 Vice President J.D. Vance commented on the GOP effort to redistrict the congressional districts in red states like Texas and Indiana, and President Trump's plan to do a new census that does not count illegal aliens, during an interview with FNC's "Sunday Morning Futures" host Maria Bartiromo.



VICE PRESIDENT J.D. VANCE: We spoke with the governor, with the speaker of the House there in Indiana and the Senate president, and the message I delivered is pretty straightforward.

We want a unified Republican team. We want to fight together, win together, make big things happen for the American people, and obviously the people of the state of Indiana together.

But one of the things that you see in a lot of red states is, blue states have really aggressively gerrymandered such that they have actually made it harder for the majority of the state of Indiana to have their voice heard in their federal elections, because if California has crazy gerrymanders, Illinois has crazy gerrymanders, New York has crazy gerrymanders, what it does is, it actually suppresses the will of the people in states like Indiana.

And the other thing that we talked about -- and I didn't even realize this, Maria, until a couple of years ago, that, you know, for apportioning representatives, you actually count illegal aliens. So, even though illegal aliens theoretically are not supposed to vote -- we know sometimes they do -- you still count illegal aliens for congressional apportionment.

So California has way more House seats than it should because they have such a high population of illegal aliens. So they get rewarded for welcoming illegal aliens into their state, giving them federal benefits, actually asking the taxpayers of states like Ohio to subsidize them.

And then those same taxpayers in Ohio and Indiana and elsewhere, they have fewer congressional representatives because of what California has allowed to happen. That's ridiculously unfair. And the only real way to fight back against it is for us to redistrict in some ways as aggressively as these hard blue states have done.

MARIA BARTIROMO: Well, that's an important point. And that is why President Trump said that he wants more work or new work on a new census. How does that change the GOP makeup and the electoral votes?

VANCE: Yes, so another crazy thing that I had no idea about, but everybody, even Democrats actually admit this, that the census in 2020 had a major statistical error.

And what that meant is that you actually undercounted a few states that are Republican like Florida and Ohio. You overcounted some blue states. And so what I understand, if you actually did the census anew right now, you would have 10 additional Republican seats and nine fewer Democrat seats.

And really what we're living with, Maria, is the consequence of 40 years of institutional control in the Democratic Party. These guys have fought very dirty for a very long time. And they haven't just won elections and enacted laws that we may not agree with. They have tried to rig the game for Democrats and against Republicans.

And, thankfully, under President Trump's leadership, you finally see some spine. You finally see some backbone in the Republican Party to fight back against these very aggressive Democratic dirty tricks. But the only way for us to do it is to actually go and do the hard work to reset the scales a little bit.

What we want to do is redo the census, but, importantly, we want to redistrict some of these red states. And we want to make the congressional apportionment fair in this country. Again, you cannot do it unless Republicans actually take some very decisive action in the months to come.

We think they will, and we're obviously supporting them every step of the way.

BARTIROMO: But do you worry that, as Republicans do that, the Democrat blue states are going to do the same thing, and then you will have redistricting in California, New Jersey, and so on?

VANCE: You know, Maria, there's just not a whole lot of juice left out of that lemon. The Democrats have already gone as far as they possibly can.

Let me give you a crazy statistic. So I believe that it's in New Jersey, Illinois, New York, California, and there's one other Democrat state where you take those five states. You have a large number of Democrat representatives, but here's the crazy statistic. President Trump won 43 percent of those five states, and Democrats have something like 85 percent of the representatives out of those states.

You cannot gerrymander these far left states anymore, and that's the whole point. We have unilaterally disarmed in the Republican Party. We have said to the Democrats, if you want to rig the game in your favor in blue states, go ahead. We're going to do nothing to fight back against it. That's crazy.

It makes it harder for us to pass our agenda. It makes it harder for us to win elections. And, most importantly, it gives Democrats this ability to run roughshod over the country without any pushback from the American people. The democratic system in this country is broken, because who you vote for doesn't necessarily get reflected in who your representatives are.

We're just trying to rebalance the scales and, frankly, push back against a very unfair system created by the Democrats.

https://www.realclearpolitics.com/video/2025/08/10/vance_blue_states_have_already_maxed_out_advantage_by_gerrymandering_districts_counting_illegals_in_census.html

Pennsylvania US Steel plant explosion traps people under rubble

 Rescue crews raced to save multiple people trapped beneath the rubble after an explosion at a U.S. Steel plant near Pittsburgh on Monday, an official said.

The blast happened just before 11 a.m. at the Clairton Coke Works. 

Abigail Gardner, director of communications for Allegheny County, told The Associated Press there are no confirmed fatalities yet.

Clairton Mayor Rich Lattanzi told KDKA-TV that there have been reports of multiple injuries.


emergency vehicles at scene in Clairton, PA

The explosion happened just before 11 a.m. at the Clairton Coke Works, in Clairton, Pennsylvania. (KDKA)

The Allegheny County Emergency Services said it had transported at least five people, though did not immediately provide more details.

plume of smoke and steam at factory

The scene near U.S. Steel's Clairton Coke Works plant in Clairton, Pennsylvania, following an explosion on Aug. 11, 2025. (KDKA via NNS / Fox News)

Lattanzi said he heard that the explosion happened in the "reversing room between thirteenth and fifteenth battery," which is part of the control system of the coking factory.

Pennsylvania Gov. Josh Shapiro said he and his administration were in touch with local officials and have offered assistance.

"The scene is still active, and folks nearby should follow the direction of local authorities. Please join Lori and me in praying for the Clairton community," Shapiro wrote in a post on X.

The Clairton Coke Works is located along the Monongahela River about 15 miles south of Pittsburgh. The industrial facility is considered the largest coking operation in North America and employs thousands of workers.

This is a breaking news story; check back for updates.

https://www.foxbusiness.com/economy/pennsylvania-us-steel-plant-explosion-traps-people-under-rubble