International
Elon Musk accuses brazilian Supreme Court of blocking Starlink accounts amid misinformation probe
On Thursday, billionaire Elon Musk accused Brazil’s Supreme Court of blocking his company Starlink’s bank accounts as part of the court’s investigation into the spread of misinformation on social media platform X, which Musk also owns.
Musk lashed out at Justice Alexandre de Moraes, who is leading the investigation, labeling him a “criminal of the worst kind” and a “dictator of Brazil” in a series of posts on X, formerly known as Twitter.
A Supreme Court spokesperson told EFE that they had no information regarding this action by the judge.
According to the company, the blocking of Starlink’s accounts—an internet service provider with over 215,000 active lines in Brazil—is aimed at ensuring the payment of fines imposed on X.
Starlink announced on social media that it would appeal the decision, which it described as “unfounded,” and claimed that De Moraes ignored “the legal processes guaranteed by the Brazilian Constitution.”
The company also stated that it is “doing everything possible to ensure its service remains uninterrupted,” as the ruling also prevents it from conducting financial transactions in the country.
Musk’s accusations come a day after De Moraes ordered Musk to appoint a legal representative for X in Brazil within 24 hours or face suspension of the social media platform’s activities in the country.
Musk is under investigation for alleged obstruction of justice, criminal organization, and incitement to crime after he refused to comply with the court’s orders to remove content from the social media platform.
Earlier this month, X announced it was closing its office in Brazil because De Moraes had suggested jailing its legal representatives if they did not comply with court orders regarding the removal of profiles.
De Moraes is leading an investigation into the spread of misinformation and previously ordered the removal of hundreds of posts on X questioning the integrity of Brazil’s electoral system during the 2022 elections. He is also overseeing another investigation into former far-right President Jair Bolsonaro for his alleged involvement in an attempted coup following his election defeat to Luiz Inácio Lula da Silva.
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.
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