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Sheinbaum defends Mexico’s presence in Maduro’s investiture

The president of Mexico, Claudia Sheinbaum, defended this Monday that a representative of her government attends the investiture next Friday of the president of Venezuela, Nicolás Maduro, because “it is up to Venezuelans to define” their government.

“In the case of Venezuela, a representative will go to the protest take, but we don’t see why it shouldn’t be like that, it’s up to Venezuelans, not Mexico, to define,” the president said in her morning conference.

The Mexican ruler, who took office on October 1, justified now recognizing Maduro’s victory, questioned by the United States and the European Union (EU), despite the fact that in July, during the transition of Government in Mexico, she asked for “transparency” in the minutes and voting.

“The position (is) that is in the Constitution, with all the governments of the world, the self-determination of the peoples,” Sheinbaum replied questioned by her apparent change of opinion.

Mexico will be in Maduro’s investiture despite declaring itself “impartial”

The president had advanced two weeks ago that she would send a representation of her Government to the investiture of Maduro, who could be the ambassador, Leopoldo de Gyves, which marked the first time she recognized the president’s re-election, rejected by different governments and national and international organizations.

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Sheinbaum announced since October 15 an “impartial” position on the post-electoral crisis in Venezuela, after his predecessor, Andrés Manuel López Obrador (2018-2024), agreed in August with his counterparts from Colombia, Gustavo Petro, and from Brazil, Luiz Inácio Lula da Silva, that the minutes should be transparent.

The announcement of the Mexican president occurs while the Venezuelan opposition leader Edmundo González Urrutia, considered by several countries as the winner of the July 28 elections, is touring America to get support before Maduro’s investiture.

The opponent will seek to meet this Monday with the President of the United States, Joe Biden, after meeting over the weekend with Presidents Javier Milei in Argentina and Luis Lacalle Pou in Uruguay.

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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.

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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.

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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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