International

Elon Musk’s comments on UK abuse scandal spark government response

A prominent British politician addressed Elon Musk’s recent criticism on Friday regarding the government’s handling of a historic child abuse scandal.

In recent days, Musk shared and reacted to posts on his social media platform X, condemning the UK government’s decision to reject a public inquiry into the child abuse scandal in Oldham, a town in northern England.

Health Secretary Wes Streeting dismissed Musk’s comments as “wrong and certainly misinformed” but extended an invitation to the tech mogul to collaborate with the government in combating child sexual exploitation.

The UK government argued that Oldham should follow the example of other cities by commissioning its own investigation into historical abuse. A 2022 report on safeguarding measures in Oldham between 2011 and 2014 highlighted failures by local agencies to protect children but found no evidence of a cover-up. The report noted “legitimate concerns” about far-right groups exploiting the high-profile convictions of predominantly Pakistani offenders across the country.

Musk has also criticized UK Prime Minister Keir Starmer, accusing him of failing to bring justice to what many describe as “grooming gangs” during his tenure as Director of Public Prosecutions from 2008 to 2013. On Friday, Musk referred to the scandals as a “massive crime against humanity.”

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Speaking to ITV News, Streeting emphasized the government’s commitment to tackling child sexual exploitation. He welcomed Musk’s potential involvement, stating, “Some of the criticisms Elon Musk has made, I think, are wrong and certainly misinformed. But we are ready to work with him. With his social network, he has a significant role to play in helping the UK and other countries address this serious issue. If he wants to roll up his sleeves and work with us, we’d gladly welcome him.”

Musk’s apparent interest in UK politics has grown since the Labour Party’s landslide victory in the July 2024 elections, ending 14 years of Conservative rule.

International

U.S. reinforces southern border with additional military personnel

U.S.-Mexico border crossing closed due to protests

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.