1 month ago
WASHINGTON (AP) — The U.S. military said it attacked a boat suspected of being used to smuggle drugs in the Caribbean Sea on Sunday, killing four people, as the Trump administration continues its yearlong campaign against alleged traffickers in Latin America.
The latest attack brings the number of people who have been killed in boat strikes by the U.S. military to at least 235 in 70 strikes since the Trump administration began targeting those it calls "narcoterrorists" in September 2025. As with most of the military's statements on strikes in the eastern Pacific Ocean and Caribbean Sea, U.S. Southern Command said it targeted the alleged drug traffickers along known smuggling routes.
The military did not provide evidence that the vessel was ferrying drugs. A video posted on X showed what appeared to be an explosion destroying a moving boat, which the military said was a go-fast vessel.
The Trump administration is pursuing deals with allied nations to extend its offensive to land across multiple Latin American countries. Defense Secretary Pete Hegseth said during a visit to Panama in August that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil. Guatemala denied reaching such a deal. Ecuador launched similar missions with the U.S. in March.
President Donald Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the United States and fatal overdoses claiming American lives. But his administration has offered little evidence to support its claims of killing smugglers.
#boat #caribbean
The latest attack brings the number of people who have been killed in boat strikes by the U.S. military to at least 235 in 70 strikes since the Trump administration began targeting those it calls "narcoterrorists" in September 2025. As with most of the military's statements on strikes in the eastern Pacific Ocean and Caribbean Sea, U.S. Southern Command said it targeted the alleged drug traffickers along known smuggling routes.
The military did not provide evidence that the vessel was ferrying drugs. A video posted on X showed what appeared to be an explosion destroying a moving boat, which the military said was a go-fast vessel.
The Trump administration is pursuing deals with allied nations to extend its offensive to land across multiple Latin American countries. Defense Secretary Pete Hegseth said during a visit to Panama in August that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil. Guatemala denied reaching such a deal. Ecuador launched similar missions with the U.S. in March.
President Donald Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the United States and fatal overdoses claiming American lives. But his administration has offered little evidence to support its claims of killing smugglers.
#boat #caribbean
2 months ago
AVAV stock has plunged 40% in a year despite a historic $464M Army laser contract and a record $1.5B funded backlog.
AeroVironment's LOCUST laser cuts drone intercept costs from millions to under $10 per shot, backed by 300 cartel drones already downed at the southern border.
Nawabi sold 28,265 shares at $139 while ***** ysts set a $226 average price target, leaving investors to weigh insider doubt against a 47x forward P/E.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and AeroVironment didn't make the cut. Enter your email to see the names that beat AVAV. The report is free. Enter your email and see if any of your stocks made the cut.
AeroVironment (NASDAQ:AVAV) chairman and chief executive Wahid Nawabi went on CNBC this week with an arithmetic problem for defense investors. Drones being thrown at Western militaries and border installations cost roughly $150,000 apiece, according to Nawabi, while the interceptors historically used to knock them down cost millions of dollars per shot. His pitch is that AeroVironment's LOCUST directed-energy laser, per Nawabi, brings that engagement cost down to less than $10 per shot.
#nawabi #avav #cost #locust
AeroVironment's LOCUST laser cuts drone intercept costs from millions to under $10 per shot, backed by 300 cartel drones already downed at the southern border.
Nawabi sold 28,265 shares at $139 while ***** ysts set a $226 average price target, leaving investors to weigh insider doubt against a 47x forward P/E.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and AeroVironment didn't make the cut. Enter your email to see the names that beat AVAV. The report is free. Enter your email and see if any of your stocks made the cut.
AeroVironment (NASDAQ:AVAV) chairman and chief executive Wahid Nawabi went on CNBC this week with an arithmetic problem for defense investors. Drones being thrown at Western militaries and border installations cost roughly $150,000 apiece, according to Nawabi, while the interceptors historically used to knock them down cost millions of dollars per shot. His pitch is that AeroVironment's LOCUST directed-energy laser, per Nawabi, brings that engagement cost down to less than $10 per shot.
#nawabi #avav #cost #locust
2 months ago
VLADIVOSTOK, Sept 4 (Reuters) - Igor Sechin, chief of Russia's top oil producer Rosneft, said on Thursday that China, not OPEC, has stabilized global oil markets by reducing crude imports by 5.5 million barrels per day this year.
Sechin, the most influential Russian energy manager and a long-standing ally of President Vladimir Putin, was speaking at a Russian - Chinese business forum in the far eastern city of Vladivostok.
"This year, China has effectively taken the lead from OPEC and, without being a member of any cartel, has managed to stabilise the global oil market by cutting its oil imports by 5.5 million barrels per day," Sechin said.
Sechin, known for his skepticism towards OPEC, said China will get more influence on the energy markets as the number of OPEC members is declining.
"I believe that further growth in China's reserves will strengthen China's role in the energy market, against a backdrop of OPEC's waning influence and a reduction in the number of its members," Sechin said.
#sechin #energy #vladivostok
Sechin, the most influential Russian energy manager and a long-standing ally of President Vladimir Putin, was speaking at a Russian - Chinese business forum in the far eastern city of Vladivostok.
"This year, China has effectively taken the lead from OPEC and, without being a member of any cartel, has managed to stabilise the global oil market by cutting its oil imports by 5.5 million barrels per day," Sechin said.
Sechin, known for his skepticism towards OPEC, said China will get more influence on the energy markets as the number of OPEC members is declining.
"I believe that further growth in China's reserves will strengthen China's role in the energy market, against a backdrop of OPEC's waning influence and a reduction in the number of its members," Sechin said.
#sechin #energy #vladivostok
2 months ago
EXCLUSIVE: Footage obtained by Fox News Digital shows federal agents executing a sweep linked to a multi-state Department of Justice (DOJ) probe that has resulted in criminal charges against individuals for illegal voting, falsifying citizenship status and other election fraud related charges in Pennsylvania, New Jersey, and Wisconsin.
The charges arrive as part of a highly publicized nationwide surge by the Trump administration to hunt down election-related crimes ahead of the 2026 midterms.
Over the past year, the Justice Department has filed lawsuits against nearly 30 states to force the surrender of confidential voter rolls, while simultaneously repurposing Homeland Security Investigations (HSI)—an agency historically focused on cartels and terrorism—to spearhead a search for unlawfully registered non-citizens.
"Despite the media and Democrats claiming it never happens, the evidence of non-citizens registering to vote in our elections continues to pile up," White House spokesperson Lauren Bis told Fox News Digital. "Any non-citizens found registering to vote and voting in our elections will be held accountable. Only Americans should be electing American leaders."
'Raw Material For Election Fraud': Expert Flags Voter-roll Problems Far Beyond One State
#election #digital #fraud
The charges arrive as part of a highly publicized nationwide surge by the Trump administration to hunt down election-related crimes ahead of the 2026 midterms.
Over the past year, the Justice Department has filed lawsuits against nearly 30 states to force the surrender of confidential voter rolls, while simultaneously repurposing Homeland Security Investigations (HSI)—an agency historically focused on cartels and terrorism—to spearhead a search for unlawfully registered non-citizens.
"Despite the media and Democrats claiming it never happens, the evidence of non-citizens registering to vote in our elections continues to pile up," White House spokesperson Lauren Bis told Fox News Digital. "Any non-citizens found registering to vote and voting in our elections will be held accountable. Only Americans should be electing American leaders."
'Raw Material For Election Fraud': Expert Flags Voter-roll Problems Far Beyond One State
#election #digital #fraud
2 months ago
House Minority Leader Hakeem Jeffries (D-N.Y.) on Monday said "no one from the Trump Cartel is getting a pass" in a post on the social media platform X. The video comes after he faced backlash for meeting with Jared Kushner, President Trump's son-in-law.
The New York Times reported Sunday that the two met privately ahead of November's midterms to discuss common ground on issues like housing, immigration and the high cost of living.
Jeffries said Kushner reached out to him first, and he accepted so the pair could discuss affordability. His post emphasized, however, that House Democrats have pushed the Trump administration on issues including tariffs, the Affordable Care Act, nutritional ****** istance and more.
"I shouldn't have to say it, but I am. No one is going to get a pass," he said. "We're going to follow the facts, apply the law, and be guided by the Constitution beginning on day one. And hold the crooks accountable."
Reactions to the meeting have been mixed. Tommy Vietor, a co-host of "Pod Save America" and former Obama aide, took to X on Sunday to criticize Kushner.
#Trump #issues
The New York Times reported Sunday that the two met privately ahead of November's midterms to discuss common ground on issues like housing, immigration and the high cost of living.
Jeffries said Kushner reached out to him first, and he accepted so the pair could discuss affordability. His post emphasized, however, that House Democrats have pushed the Trump administration on issues including tariffs, the Affordable Care Act, nutritional ****** istance and more.
"I shouldn't have to say it, but I am. No one is going to get a pass," he said. "We're going to follow the facts, apply the law, and be guided by the Constitution beginning on day one. And hold the crooks accountable."
Reactions to the meeting have been mixed. Tommy Vietor, a co-host of "Pod Save America" and former Obama aide, took to X on Sunday to criticize Kushner.
#Trump #issues
2 months ago
MEXICO CITY, Aug 22 (Reuters) - Sinaloa Governor Ruben Rocha, indicted by U.S. federal prosecutors on drug-trafficking, bribery and cartel-protection charges, again requested a leave of absence from office on Saturday, days after defiantly reclaiming his post.
Rocha's return was not well received by either the Mexican government or the ruling Morena party, which accused him of prioritizing his personal interests over those of the public.
Earlier on Saturday, President Claudia Sheinbaum warned on X that "power without principles becomes arrogance" and "no personal interest can ever be above those of the people or the Nation," intensifying the political firestorm, without directly naming Rocha. Echoing her words, Rocha posted a statement on X saying that "Sinaloa, the nation, and the transformation movement are above all else."
Rocha, 77, a member of Sheinbaum's Morena party, returned to office on Friday after more than three months on leave following U.S. drug-trafficking charges.
In April, U.S. prosecutors alleged Rocha and nine other current and former officials conspired with a faction of the Sinaloa Cartel known as Los Chapitos, helping it to traffic drugs into the U.S. in exchange for political support and bribes.
#nation
Rocha's return was not well received by either the Mexican government or the ruling Morena party, which accused him of prioritizing his personal interests over those of the public.
Earlier on Saturday, President Claudia Sheinbaum warned on X that "power without principles becomes arrogance" and "no personal interest can ever be above those of the people or the Nation," intensifying the political firestorm, without directly naming Rocha. Echoing her words, Rocha posted a statement on X saying that "Sinaloa, the nation, and the transformation movement are above all else."
Rocha, 77, a member of Sheinbaum's Morena party, returned to office on Friday after more than three months on leave following U.S. drug-trafficking charges.
In April, U.S. prosecutors alleged Rocha and nine other current and former officials conspired with a faction of the Sinaloa Cartel known as Los Chapitos, helping it to traffic drugs into the U.S. in exchange for political support and bribes.
#nation
3 months ago
(In Aug. 14 story, corrects to attribute comment in paragraph 8 to a State Department spokesperson instead of to a named individual.)
MEXICO CITY, Aug 14 (Reuters) - Andres Manuel Lopez Beltran, a son of former Mexican President Andres Manuel Lopez Obrador, said the United States has revoked his visa, accusing Secretary of State Marco Rubio and Deputy Secretary Christopher Landau of ordering what he called a politically motivated decision.
Lopez Beltran, widely known as "Andy," made the claim in a letter to U.S. President Donald Trump that was released late on Thursday. He said U.S. authorities had provided no evidence linking him to any crime or wrongdoing.
Washington has expanded a campaign targeting Mexican officials accused of ties to organized crime. Reuters reported in October that the Trump administration had revoked the visas of at least 50 Mexican politicians and officials, including figures from across the political spectrum, as part of its cartel crackdown.
Visa cancellations can apply to officials engaged in drug trafficking, corruption or aiding illegal immigration, State Department officials have said.
#department #reuters
MEXICO CITY, Aug 14 (Reuters) - Andres Manuel Lopez Beltran, a son of former Mexican President Andres Manuel Lopez Obrador, said the United States has revoked his visa, accusing Secretary of State Marco Rubio and Deputy Secretary Christopher Landau of ordering what he called a politically motivated decision.
Lopez Beltran, widely known as "Andy," made the claim in a letter to U.S. President Donald Trump that was released late on Thursday. He said U.S. authorities had provided no evidence linking him to any crime or wrongdoing.
Washington has expanded a campaign targeting Mexican officials accused of ties to organized crime. Reuters reported in October that the Trump administration had revoked the visas of at least 50 Mexican politicians and officials, including figures from across the political spectrum, as part of its cartel crackdown.
Visa cancellations can apply to officials engaged in drug trafficking, corruption or aiding illegal immigration, State Department officials have said.
#department #reuters
3 months ago
The debate over 50+1 continued on Wednesday as the Bundeskartellamt (Federal Cartel Office) finally ruled the rule is permissible under antitrust law. There is also a call for improvement regarding its execution at the clubs granted exceptions and special cases – Bayer Leverkusen, VfL Wolfsburg, RB Leipzig and Hannover 96.
The decision followed with contrasting reactions from Bundesliga and 2. Bundesliga clubs as they stay divided on the issue. While clubs like Borussia Dortmund and Schalke 04 welcomed the non-binding statement, some asked for more clarity on the matter.
"It is a significant step that the Federal Cartel Office, in its final **** sment, raises no fundamental concerns regarding the (50+1) rule. We'll continue to advocate for the protection and continued existence of the rule. But a rule only makes sense if it applies equally to everyone. I'm curious about the future and remain skeptical." said DFL chairman and Borussia Dortmund president Hans-Joachim Watzke.
BVB also issued a public statement in which they noted "50+1 stands for club identity, co-determination and a vibrant fan culture". "Our stance is clear: 50+1 is part of German soccer, and members and fans belong at the heart of the club." said spokesperson Carsten Cramer.
Meanwhile, Bayer Leverkusen's managing director Fernando Carro also shared his opinion after the homework given to his club with the ruling on Wednesday morning. The club stated that they're now carefully examining the decision as they see a promising starting point for a long-term solution for the entire German football.
#clubs #federal #cartel #bayer
The decision followed with contrasting reactions from Bundesliga and 2. Bundesliga clubs as they stay divided on the issue. While clubs like Borussia Dortmund and Schalke 04 welcomed the non-binding statement, some asked for more clarity on the matter.
"It is a significant step that the Federal Cartel Office, in its final **** sment, raises no fundamental concerns regarding the (50+1) rule. We'll continue to advocate for the protection and continued existence of the rule. But a rule only makes sense if it applies equally to everyone. I'm curious about the future and remain skeptical." said DFL chairman and Borussia Dortmund president Hans-Joachim Watzke.
BVB also issued a public statement in which they noted "50+1 stands for club identity, co-determination and a vibrant fan culture". "Our stance is clear: 50+1 is part of German soccer, and members and fans belong at the heart of the club." said spokesperson Carsten Cramer.
Meanwhile, Bayer Leverkusen's managing director Fernando Carro also shared his opinion after the homework given to his club with the ruling on Wednesday morning. The club stated that they're now carefully examining the decision as they see a promising starting point for a long-term solution for the entire German football.
#clubs #federal #cartel #bayer
3 months ago
MEXICO CITY (AP) — The United States announced Wednesday that it had suspended all government operations in the Mexican state of Michoacan because of a "threat to U.S. interests," including a halt to the inspections of avocados required for their export.
While the U.S. Embassy did not specify the nature of the threat in its security alert, Michoacan Gov. Alfredo Ramírez Bedolla said on social media that the temporary halt to inspections was intended to safeguard workers following recent arrests linked to extortion. The inspections are necessary for avocados to be shipped to the United States and their suspension could disrupt exports.
The western state of Michoacan is the leading exporter of avocados to the U.S. and has a high level of organized crime activity with at least four cartels — designated as terrorist organizations by the Trump administration — operating in the region. Besides trafficking drugs, cartels also make money through extortion, including of the avocado industry.
Michoacan State Security Secretary Antonio Cruz told The **** ociated Press that one of the arrests mentioned by the governor was of "El Poncho," the alias of Alfonso Fernández Magallón, leader of a local cartel operating in the avocado-growing region around Los Reyes.
U.S. Ambassador to Mexico Ronald Johnson welcomed the arrest, which came over the weekend. The U.S. government had offered a $5 million reward for Fernández Magallón's arrest.
#united
While the U.S. Embassy did not specify the nature of the threat in its security alert, Michoacan Gov. Alfredo Ramírez Bedolla said on social media that the temporary halt to inspections was intended to safeguard workers following recent arrests linked to extortion. The inspections are necessary for avocados to be shipped to the United States and their suspension could disrupt exports.
The western state of Michoacan is the leading exporter of avocados to the U.S. and has a high level of organized crime activity with at least four cartels — designated as terrorist organizations by the Trump administration — operating in the region. Besides trafficking drugs, cartels also make money through extortion, including of the avocado industry.
Michoacan State Security Secretary Antonio Cruz told The **** ociated Press that one of the arrests mentioned by the governor was of "El Poncho," the alias of Alfonso Fernández Magallón, leader of a local cartel operating in the avocado-growing region around Los Reyes.
U.S. Ambassador to Mexico Ronald Johnson welcomed the arrest, which came over the weekend. The U.S. government had offered a $5 million reward for Fernández Magallón's arrest.
#united
3 months ago
FIFA President Gianni Infantino gestures during his visit to the new Concentration Hotel of the Colombian Football Federation in Barranquilla, Colombia, on February 24, 2026. The Mexican city of Guadalajara is trying to reassure football fans ahead of the World Cup, which begins in 100 days, after being shaken by the violence sparked on February 22 by the death of powerful cartel boss Nemesio "El Mencho" Oseguera. (Photo by David SALAZAR / AFP via Getty Images)
Gianni Infantino has built his presidency on an ability to push through ambitious —and often controversial — changes despite widespread resistance. His abrupt decision to abandon plans to sell a stake in FIFA's commercial rights to private equity marks a rare and significant political defeat, exposing the limits of his authority and raising new questions about his future leadership.
The plan itself was unprecedented. By placing FIFA's most valuable commercial ****** ets — including the World Cups — into a $20 billion company with outside investors holding a 20% stake, Infantino was attempting to fundamentally reshape how the planet's most lucrative and popular sporting event is financed and managed.
Infantino had argued that private capital would have accelerated investment and unlock long-term revenue. Critics, however, saw something much more sinister: The commercialization of soccer's crown jewel.
What ultimately doomed the plan was not simply opposition, but the breadth and speed of that opposition. Within days, UEFA, European soccer's governing body, voted to boycott FIFA competitions, an extraordinary escalation from an organization that has frequently clashed with Infantino but rarely challenged his authority.
#infantino #gianni #World #days
Gianni Infantino has built his presidency on an ability to push through ambitious —and often controversial — changes despite widespread resistance. His abrupt decision to abandon plans to sell a stake in FIFA's commercial rights to private equity marks a rare and significant political defeat, exposing the limits of his authority and raising new questions about his future leadership.
The plan itself was unprecedented. By placing FIFA's most valuable commercial ****** ets — including the World Cups — into a $20 billion company with outside investors holding a 20% stake, Infantino was attempting to fundamentally reshape how the planet's most lucrative and popular sporting event is financed and managed.
Infantino had argued that private capital would have accelerated investment and unlock long-term revenue. Critics, however, saw something much more sinister: The commercialization of soccer's crown jewel.
What ultimately doomed the plan was not simply opposition, but the breadth and speed of that opposition. Within days, UEFA, European soccer's governing body, voted to boycott FIFA competitions, an extraordinary escalation from an organization that has frequently clashed with Infantino but rarely challenged his authority.
#infantino #gianni #World #days
3 months ago
The EMA GARP Fund, managed by Equity Management ******* ociates, recently released its second-quarter investor letter for 2026. The letter can be downloaded here. The letter emphasizes that capital expenditures in artificial intelligence (AI) are driving growth and earnings, despite extreme valuations in the U.S. market, which resemble a bubble-like situation. It also discusses the impact of passive ETF flows, fiscal deficits, and inflationary policies. For the quarter, the Fund's value decreased by 20.00%, and it is down 21.96% for the first half of the year, even though AI and related growth stocks were prominent during Q2. Additionally, the firm identified precious metals miners as a potentially strong investment, noting that they are significantly undervalued and present substantial asymmetrical opportunities. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, EMA GARP Fund highlighted Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) is a Canadian precious metal mining company that engages in the acquisition, exploration, and advancement of mineral properties. On July 24, 2026, Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) closed at $5.63 per share, reflecting a market capitalization of $986.77 million. Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) posted a one-month return of -10.21%, while its shares gained 69.07% over the past 52 weeks.
EMA GARP Fund stated the following regarding Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris and Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Crazy cheap and massive asymmetry.
Avino Silver and Gold is a mid-tier producer of mostly silver with some gold and copper credits. They operate two mines which share one mill in Mexico's Durango Province, a generally safe area free of cartel activity. In calendar 2025, they produced 2.6 million silver equivalent ounces at an average cost (AISC) of $23.75/ounce. With an average silver selling price of $44.70 per ounce during the year their average margin was $20.95/ounce. So, at the mine operating level they had contribution of $54 million. After SG&A, EBITDA for 2025 was $28.5 million. However silver prices today ($60/ounce) are substantially above last year's average price and in Q1 of 2026 they had EBITDA of $20 million. Bloomberg ******* yst's consensus for 2026 EBITDA is $80 million. So, the Company is trading at 12.5x EBITDA…." (Click here to read the full text)
#silver #Gold #fund #letter
In its Q2 2026 investor letter, EMA GARP Fund highlighted Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) is a Canadian precious metal mining company that engages in the acquisition, exploration, and advancement of mineral properties. On July 24, 2026, Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) closed at $5.63 per share, reflecting a market capitalization of $986.77 million. Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) posted a one-month return of -10.21%, while its shares gained 69.07% over the past 52 weeks.
EMA GARP Fund stated the following regarding Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris and Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Crazy cheap and massive asymmetry.
Avino Silver and Gold is a mid-tier producer of mostly silver with some gold and copper credits. They operate two mines which share one mill in Mexico's Durango Province, a generally safe area free of cartel activity. In calendar 2025, they produced 2.6 million silver equivalent ounces at an average cost (AISC) of $23.75/ounce. With an average silver selling price of $44.70 per ounce during the year their average margin was $20.95/ounce. So, at the mine operating level they had contribution of $54 million. After SG&A, EBITDA for 2025 was $28.5 million. However silver prices today ($60/ounce) are substantially above last year's average price and in Q1 of 2026 they had EBITDA of $20 million. Bloomberg ******* yst's consensus for 2026 EBITDA is $80 million. So, the Company is trading at 12.5x EBITDA…." (Click here to read the full text)
#silver #Gold #fund #letter
4 months ago
A local mayor in central Mexico was shot dead in a town hall, authorities reported Wednesday, after the politician had survived a previous ***** assination attempt.
The town of Temoac is located in the state of Morelos, a region close to Mexico City where several drug cartels are active.
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
Forensic experts and police officers located his dead body inside local government facilities, the state prosecutor's office said.
An operation to arrest those responsible for the crime was underway, it added in a statement.
#local #town #state #wednesday
The town of Temoac is located in the state of Morelos, a region close to Mexico City where several drug cartels are active.
Mayor Valentin Lavin, who was allied to President Claudia Sheinbaum's leftist party, had already survived an armed attack in January, according to local media reports.
Forensic experts and police officers located his dead body inside local government facilities, the state prosecutor's office said.
An operation to arrest those responsible for the crime was underway, it added in a statement.
#local #town #state #wednesday
5 months ago
By Jonathan Stempel
June 15 (Reuters) - The U.S. Supreme Court turned away on Monday a gun industry challenge to a New York law that permits lawsuits against gun makers, wholesalers and dealers for endangering people's safety through sales of firearms and ammunition.
The justices declined to hear an appeal by an industry trade group, the National Shooting Sports Foundation, of a lower court's ruling upholding the law, which New York calls a public nuisance statute. The group had argued that the law unconstitutionally conflicted with federal law.
Gun companies including Smith & Wesson, Ruger, Beretta, Glock, Sig Sauer and Sturm joined the appeal.
The Supreme Court in 2025 spared Smith & Wesson from a lawsuit by Mexico's government accusing the company of aiding illegal gun trafficking to drug cartels.
June 15 (Reuters) - The U.S. Supreme Court turned away on Monday a gun industry challenge to a New York law that permits lawsuits against gun makers, wholesalers and dealers for endangering people's safety through sales of firearms and ammunition.
The justices declined to hear an appeal by an industry trade group, the National Shooting Sports Foundation, of a lower court's ruling upholding the law, which New York calls a public nuisance statute. The group had argued that the law unconstitutionally conflicted with federal law.
Gun companies including Smith & Wesson, Ruger, Beretta, Glock, Sig Sauer and Sturm joined the appeal.
The Supreme Court in 2025 spared Smith & Wesson from a lawsuit by Mexico's government accusing the company of aiding illegal gun trafficking to drug cartels.
5 months ago
(NewsNation) — Russia's presidential envoy says that the country and the United States will sign an agreement Friday to continue designing an underwater tunnel connecting Russia's Chukotka region to Alaska across the Bering Strait.
Kirill Dmitriev made the announcement Thursday at the St. Petersburg International Economic Forum.
"As for the tunnel. We will have news tomorrow, we are signing an agreement that we will continue the design of the tunnel. There will be a tunnel," he told Russian outlet TV Zvezda, according to a translation.
Tunnel linking Tijuana, San Diego moved $45M in cartel cocaine: Feds
The Bering Strait separates mainland Russia and mainland Alaska by around 50 miles at its narrowest point. Two small islands — one owned by Russia and one owned by the U.S. — sit in the middle of that distance. Geographically, the distance is fairly short and the water is relatively shallow, with an average depth of 98–164 feet. The strait is just south of the Arctic Circle, where construction efforts would face extreme temperatures.
Kirill Dmitriev made the announcement Thursday at the St. Petersburg International Economic Forum.
"As for the tunnel. We will have news tomorrow, we are signing an agreement that we will continue the design of the tunnel. There will be a tunnel," he told Russian outlet TV Zvezda, according to a translation.
Tunnel linking Tijuana, San Diego moved $45M in cartel cocaine: Feds
The Bering Strait separates mainland Russia and mainland Alaska by around 50 miles at its narrowest point. Two small islands — one owned by Russia and one owned by the U.S. — sit in the middle of that distance. Geographically, the distance is fairly short and the water is relatively shallow, with an average depth of 98–164 feet. The strait is just south of the Arctic Circle, where construction efforts would face extreme temperatures.
9 months ago
Trump says U.S. used secret 'Discombobulator' to disable Venezuela's equipment
WASHINGTON (AP) — President Donald Trump said the U.S. used a secret weapon he called “The Discombobulator” to disable Venezuelan equipment when the U.S. captured Nicolás Maduro. Trump also renewed his threat to conduct military strikes on land against drug cartels, including in Mexico.
Trump made the comments in an interview Friday with the New York Post.
The Republican president was commenting on reports that the U.S. had a pulsed energy weapon and said, “The Discombobulator. I’m not allowed to talk about it.
WASHINGTON (AP) — President Donald Trump said the U.S. used a secret weapon he called “The Discombobulator” to disable Venezuelan equipment when the U.S. captured Nicolás Maduro. Trump also renewed his threat to conduct military strikes on land against drug cartels, including in Mexico.
Trump made the comments in an interview Friday with the New York Post.
The Republican president was commenting on reports that the U.S. had a pulsed energy weapon and said, “The Discombobulator. I’m not allowed to talk about it.
11 months ago
DEA veteran indicted in alleged $12 million scheme tied to Mexican cartel
A former high-level Drug Enforcement Agency agent was indicted on and federal charges of conspiring to traffic drugs and launder millions of dollars for a Mexican cartel.
Paul Campo, who was a DEA agent for nearly 25 years, and his ****** ociate Robert Sensi, are accused in a new indictment unsealed Friday of converting cash into cryptocurrency to buy 220 kilograms of cocaine, worth $5 million, and launder $750,000 in proceeds from drug sales for the Jalisco New Generation Cartel, or CJNG. The State Department design
A former high-level Drug Enforcement Agency agent was indicted on and federal charges of conspiring to traffic drugs and launder millions of dollars for a Mexican cartel.
Paul Campo, who was a DEA agent for nearly 25 years, and his ****** ociate Robert Sensi, are accused in a new indictment unsealed Friday of converting cash into cryptocurrency to buy 220 kilograms of cocaine, worth $5 million, and launder $750,000 in proceeds from drug sales for the Jalisco New Generation Cartel, or CJNG. The State Department design
11 months ago
The government of Nicolás Maduro claims to have millions of troops, enough military power and an efficient anti-aircraft system to counter a possible armed attack by the United States amid accusations that Venezuela’s political leadership leads a “terrorist” drug trafficking cartel.
But does the Maduro administration have enough money to pay for and endure the consequences of a long-term war with the United States after years of economic crisis? Experts doub it, warning of the outcomes that an armed conflict would have in one of the most troubled economies in the world.
The U.S. State Depart
But does the Maduro administration have enough money to pay for and endure the consequences of a long-term war with the United States after years of economic crisis? Experts doub it, warning of the outcomes that an armed conflict would have in one of the most troubled economies in the world.
The U.S. State Depart
11 months ago
Venezuela slams U.S. military buildup as Trump says he's spoken with Maduro
US President Donald Trump confirmed Sunday he had recently spoken with Venezuelan leader Nicolas Maduro amid soaring tensions between the two countries, while Caracas slammed what it called US preparations for an attack.
The United States is piling the pressure on Venezuela, with a major military buildup in the Caribbean, the designation of an alleged drug cartel run by Maduro as a terrorist group, and an ominous warning from Trump that Venezuelan airspace is "closed."
Washington says the aim of the military deplo
US President Donald Trump confirmed Sunday he had recently spoken with Venezuelan leader Nicolas Maduro amid soaring tensions between the two countries, while Caracas slammed what it called US preparations for an attack.
The United States is piling the pressure on Venezuela, with a major military buildup in the Caribbean, the designation of an alleged drug cartel run by Maduro as a terrorist group, and an ominous warning from Trump that Venezuelan airspace is "closed."
Washington says the aim of the military deplo
12 months ago
Trump opens door to U.S. military action inside Mexico and Colombia
WASHINGTON — President Donald Trump opened the door Monday to launching U.S. strikes in Mexico, a move that would be a dramatic escalation of his administration’s fight against drug cartels.
Speaking to reporters in the Oval Office, Trump answered a question about potentially striking Mexico or sending American troops or other personnel into the country by saying it would be “OK with me."
“Would I launch strikes in Mexico to stop drugs? OK with me, whatever we have to do to stop drugs. Mexico is — look, I looked at Mexico
WASHINGTON — President Donald Trump opened the door Monday to launching U.S. strikes in Mexico, a move that would be a dramatic escalation of his administration’s fight against drug cartels.
Speaking to reporters in the Oval Office, Trump answered a question about potentially striking Mexico or sending American troops or other personnel into the country by saying it would be “OK with me."
“Would I launch strikes in Mexico to stop drugs? OK with me, whatever we have to do to stop drugs. Mexico is — look, I looked at Mexico
1 yr. ago
Why are fentanyl seizures dropping on the U.S.-Mexico border? The reasons are complex, but some security officials think cartels could be mailing the drug or digging tunnels.
1 yr. ago
Why are fentanyl seizures dropping on the U.S.-Mexico border? The reasons are complex, but some security officials think cartels could be mailing the drug or digging tunnels.
1 yr. ago
we’ve been fighting a losing war with Mexican cartels for decades, they’re flooding our streets with fentanyl, k*lling our kids, and trafficking humans like it’s a business! This Napolitan News Poll says 60% of Americans back Trump sending troops to Mexico to crush these
