International
640 tons of drugs seized in Colombia
August 28|
Colombian authorities reported that they have seized around 640 tons of drugs so far in 2023.
According to the operational results provided by the Defense authorities together with the military leadership, in aspects such as drug seizures and illegal mining, in the first months of 2023 the national navy managed to seize four percent more than the tons of cocaine seized in the same period of 2022.
The seizure of tons of marijuana reached 98 percent of the annual goal and an increase of 72 percent with respect to the same period in 2022.
Also noteworthy is the seizure of almost 19 tons of coca base, an increase of 40 percent compared to the 2022 results.
Admiral Francisco Cubides stated “we made a forceful affectation to criminality through the destruction of 554 laboratories, a 35 percent increase compared to 2022 and the seizure of 207 means of transport used by drug traffickers.”
“With regard to liquid and solid inputs we had a seizure of 1,190 tons of solid inputs and 731,000 gallons of liquid inputs,” added the admiral.
International
U.S. reinforces southern border with additional military personnel
The U.S. military has announced the deployment of more than 600 additional troops to the Mexico border, reinforcing President Donald Trump’s efforts against illegal immigration and drug trafficking.
According to the U.S. Northern Command (Northcom), the new deployment includes 40 Air Force intelligence analysts and 590 Army engineers. This move will increase the total number of troops currently stationed or scheduled for deployment at the southern border to approximately 9,600.
The decision aligns with the administration’s broader border security strategy, emphasizing intelligence gathering, infrastructure development, and operational support for law enforcement agencies.
International
New ‘Bitcoin Bonds’ could save U.S. government $554 Billion, says investor Andrew Hohns
Andrew Hohns, renowned investor and founder of Newmarket Capital, recently introduced his ‘Bitcoin Bonds’ at the Bitcoin for America event. This innovative mechanism combines traditional U.S. Treasury bonds with investments in Bitcoin, aiming to lower federal debt costs while building a strategic Bitcoin reserve for the government.
Hohns’ plan proposes issuing $2 trillion in bonds, allocating 10% to Bitcoin purchases and 90% to other government expenditures. These bonds would offer a significantly lower interest rate of 1%, compared to the current 4.5% on 10-year bonds—potentially saving the federal government $554 billion over a decade.
A unique feature of these bonds is that investors would not only receive the standard 4.5% annual interest but also share profits from Bitcoin’s value appreciation with the government. Additionally, Hohns advocates for tax exemptions on capital gains and interest earnings from these bonds, making them an attractive option for American families looking to hedge against inflation.
“This plan doesn’t just cut debt costs—it provides American families with a new savings tool,” said Hohns.
International
Pedro Castillo suffers health crisis, rushed to hospital
Former Peruvian President Pedro Castillo, who has been on a hunger strike since Monday, was hospitalized after suffering a health crisis, the court handling his trial announced on Thursday.
The 55-year-old was rushed to the Vitarte Hospital, the nearest facility to the presidential prison where he has been detained since December 2022. Judge Norma Carbajal stated that Castillo experienced a decompensation just hours before his trial resumed. However, medical reports confirm that he is now stable and out of danger.
Despite a request from Castillo’s public defender to suspend the hearing, the court decided to continue with the proceedings.
U.S. reinforces southern border with additional military personnel
New ‘Bitcoin Bonds’ could save U.S. government $554 Billion, says investor Andrew Hohns
Pedro Castillo suffers health crisis, rushed to hospital
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Ecuador prison riot leaves at least 43 dead
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