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AI Summary

  • Jasmine Crockett's Senate run in Texas has sparked controversy, with her opponents portraying her as a product of political correctness and diversity initiatives rather than merit.
  • Do Kwon, the co-founder of Terraform Labs, was sentenced to 15 years in prison for orchestrating a major cryptocurrency fraud, contributing to significant losses within the crypto market.
  • The Biden administration continues to grapple with immigration policy, evidenced by a federal judge's order to release a Salvadoran migrant wrongfully deported under Trump's administration.
  • Ongoing tensions in Venezuela have escalated as the US seizes an oil tanker linked to President Maduro's government, raising concerns about international conflict and the Venezuelan economy.
  • Amid global instability, OPEC maintains an optimistic oil demand outlook, even as market reports indicate a potential oversupply situation in the coming year.

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ZeroHedge

  • Jasmine Crockett Announces US Senate Run And It's Already Comedy Gold an hour ago by Tyler Durden

    Jasmine Crockett Announces US Senate Run And It's Already Comedy Gold Democrat meme and congresswoman Jasmine Crockett is running for the US Senate in the deep red state of Texas, and Republicans are cheering.  Notorious for providing some of the worst political takes of the past year, Crockett is widely considered to be the embodiment of leftist DEI - A low intelligence person artificially elevated into law and politics because of her minority status.  Her presence on the national stage has produced endless comedy gold, but it's about to get better.   Crockett's last minute announcement is causing confusion within the Democrat Party

  • "Fraud On Epic Scale": Do Kown Gets 15 Year Prison Sentence For $40BN Terraform Fraud an hour ago by Tyler Durden

    "Fraud On Epic Scale": Do Kown Gets 15 Year Prison Sentence For $40BN Terraform Fraud Many will point to the collapse of the Terra ecosystem in May 2022 as the trigger for the last crypto crash/winter which eventually culminated with the collapse of FTX. And moments ago, a judge added a prison sentence for the mastermind behind it all.  Terraform Labs co-founder and onetime fugitive Do Kwon, who in August pled guilty over one of the largest frauds in crypto history, was sentenced to 15 years in prison for the fraud that led to the company’s $40 billion collapse in 2022 and

  • Pritzker Signs Law Limiting Federal Immigration Enforcement In Illinois an hour ago by Tyler Durden

    Pritzker Signs Law Limiting Federal Immigration Enforcement In Illinois Authored by Aldgra Fredly via The Epoch Times (emphasis ours), Illinois Gov. JB Pritzker signed a bill into law on Dec. 9 that will limit federal immigration enforcement in the state, including in its courthouses and hospitals. Illinois Gov. JB Pritzker speaks during a press conference with Texas Democrats at the International Union of Painters and Allied Trades union hall in Aurora, Ill., on Aug. 5, 2025. Scott Olson/Getty Images “With my signature today, we are protecting people and institutions that belong here in Illinois,” Pritzker said in a statement. “Dropping your kid off at

  • 2.5 Million Illegal Immigrants Deported Under Trump Admin: DHS 2 hours ago by Tyler Durden

    2.5 Million Illegal Immigrants Deported Under Trump Admin: DHS Authored by Naveen Athrappully via The Epoch Times (emphasis ours), More than 2.5 million illegal immigrants have left the United States under the Trump administration, a “record-breaking achievement” in a year, the Department of Homeland Security (DHS) said in a Dec. 10 statement. U.S. Customs and Border Protection security agents guide illegal immigrants onboard a C-17 Globemaster III assigned to the 60th Air Mobility Wing for a removal flight at Fort Bliss, Texas, on Jan. 23, 2025. Dept. of Defense photo by U.S. Army Sgt. 1st Class Nicholas J. De La Pena The 2.5 million

  • Asset Purchases Begin: Fed To Buy $8.2BN In Bills Friday; Full Monthly Schedule Released 2 hours ago by Tyler Durden

    Asset Purchases Begin: Fed To Buy $8.2BN In Bills Friday; Full Monthly Schedule Released It's only appropriate that one day after Powell unveiled QE, pardon NOT QE, pardon Reserve Management Purchases (as we said he would a month ago), that the New York Fed would do what it did for the entire duration of QE 1, QE 2, QE 3 and so forth, and publish the POMO, pardon NOT POMO schedule of daily asset purchases. But since it's Bills and not long-duration Notes or Bonds, it's not QE... or some banana logic.  As shown in the schedule below and as was first announced


The Guardian

  • Fate of 11 Nigerian troops unclear after ‘unauthorised’ plane landing in Burkina Faso 5 hours ago by Eromo Egbejule in Abidjan
    Burkina Faso, Nigeria, Africa, World news

    Confusion over diplomatic standoff deepens after conflicting reports about the soldiers’ whereabouts Eleven Nigerian military personnel are reportedly still in Burkina Faso days after their plane made an “unauthorised” landing in the south-west city of Bobo Dioulasso, despite earlier suggestions they had been freed, deepening confusion about the diplomatic standoff. Burkinabé authorities told the BBC on Tuesday that the troops had been released and given permission to return to Nigeria, but officials in Abuja have said the matter is yet to be resolved. Continue reading...

  • Burkina Faso releases 11 Nigerian troops after ‘unauthorised’ plane landing a day ago by Eromo Egbejule in Abidjan
    Nigeria, Burkina Faso, Benin, Africa, World news

    Military personnel told they can return to Nigeria after actions described as ‘unfriendly act’ * Fate of 11 Nigerian troops unclear after ‘unauthorised’ plane landing in Burkina Faso Authorities in Burkina Faso have released 11 Nigerian military personnel held after a cargo plane from Lagos made an “unauthorised” emergency landing in its second largest city, Bobo-Dioulasso. The breakaway regional Association of Sahel States (AES) said on Monday that the C-130 aircraft had entered Burkina Faso’s airspace without clearance, calling it an “unfriendly act”. Continue reading...

  • DRC fighting forces 200,000 to flee just days after Washington peace deal 2 days ago by Reuters
    Democratic Republic of the Congo, Africa, Rwanda, US foreign policy, Trump administration, US news, World news

    Rwanda-backed M23 rebels clash with Congolese army and other groups as they march on strategic eastern town About 200,000 people have fled their homes in the Democratic Republic of the Congo as Rwanda-backed rebels march on a strategic eastern town just days after Donald Trump hosted the Rwandan and Congolese leaders to proclaim peace. The UN said at least 74 people had been killed, mostly civilians, and 83 admitted to hospital with wounds from escalating clashes in the area in recent days. Continue reading...

  • US puts sanctions on network said to funnel Colombian mercenaries to Sudan 2 days ago by Harriet Barber
    Sudan, World news, Africa, War crimes, Conflict and arms, Global development, Trump administration

    US treasury accuses Colombian nationals and companies of aiding the RSF, which has committed horrific war crimes The United States has sanctioned four people and four companies accused of enlisting Colombian mercenaries to fight for and train a Sudanese paramilitary group accused by Washington of committing genocide. Announcing the sanctions on Tuesday, the US treasury said the network was largely composed of Colombian nationals and companies. Continue reading...

  • Nigerian troops held in Burkina Faso after ‘unfriendly’ emergency landing 3 days ago by Eromo Egbejule in Abidjan
    Nigeria, Africa, World news, Burkina Faso, Benin

    Unauthorised touchdown comes less than 24 hours after Nigerian forces intervened in attempted coup in Benin Eleven Nigerian military personnel are being held in Burkina Faso after a Nigerian plane reportedly entered Burkinabé airspace without authorisation on Monday, the latest twist in a region enmeshed in multiple political and security crises. In a statement on Monday evening, the breakaway Alliance of Sahel States (AES), of which Burkina Faso is a member alongside Mali and Niger, said the C-130 transport aircraft had made an emergency landing in Bobo Dioulasso. Continue reading...


South China Morning Post

  • ‘Crypto king’ Do Kwon gets 15 years in prison for misleading investors who lost billions an hour ago by Associated Press

    One-time cryptocurrency mogul Do Kwon was sentenced on Thursday to 15 years in prison after a US$40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial technology whiz weaponised their trust to convince them that the investment – secretly propped up by cash infusions – was safe. Kwon, a Stanford graduate known by some as “the cryptocurrency king”, apologised after listening as victims – one in court and others by telephone – described the scam’s...

  • US Justice Department fails again to reindict Letitia James, in blow to Trump 2 hours ago by Associated Press

    A grand jury declined for a second time to reindict New York Attorney General Letitia James on Thursday, refusing to resurrect a mortgage fraud prosecution encouraged by US President Donald Trump, according to a person familiar with the matter. It is another major blow to the Justice Department after the dismissal of earlier charges against James and another long-time Trump foe, former FBI director James Comey, in a stunning rebuke of the Trump administration’s efforts to prosecute the...

  • Seized tanker to be taken to US port, as Venezuela war threats grow 2 hours ago by Agence France-Presse

    An oil tanker seized by American forces off the Venezuelan coast will be brought to a port in the United States, the White House said on Thursday, as fears mount of open conflict between the two countries. Washington took control of the tanker in a dramatic raid that saw US forces rope down from a helicopter onto the vessel in an operation that Homeland Security Secretary Kristi Noem said was aimed at leftist Venezuelan leader Nicolas Maduro’s “regime”. US President Donald Trump’s administration...

  • Mexico slaps tariffs of up to 50% on Chinese goods as US trade pact review looms 3 hours ago by Igor Patrick

    Mexican President Claudia Sheinbaum on Thursday defended her government’s decision to impose new import tariffs, hours after the Senate approved legislation allowing duties of up to 50 per cent on more than 1,400 products from Asian countries. The measure, widely seen as aimed at curbing Chinese imports, comes as Mexico prepares for a review of its trade agreement with the United States and Canada next year. Sheinbaum described the move as part of her administration’s plan to strengthen domestic...

  • Bulgarian government resigns after mass anti-corruption protests 4 hours ago by Agence France-Presse

    Bulgaria’s prime minister announced on Thursday that his government was resigning after less than a year in office following a series of anti-corruption protests, making fresh elections likely. The Balkan EU member, which is introducing the euro from January, has seen a spiral of elections in recent years, with parties unable to form a stable government. Tens of thousands of people took to the streets across Bulgaria on Wednesday to protest against the government and corruption in the latest...


New York Times

  • Indiana Lawmakers Reject Trump’s New Political Map an hour ago by Mitch Smith
    United States Politics and Government, Redistricting and Reapportionment, State Legislatures, Federal-State Relations (US), Indiana, Trump, Donald J, Republican Party

    Republicans hold an overwhelming majority in the Indiana Senate, but more than a dozen of them defied the president’s wishes, voting against a map aimed at adding Republicans in Congress.

  • A Grand Jury Again Resists Trump’s Push to Reindict Letitia James 2 hours ago by Devlin Barrett, Jonah E. Bromwich and Glenn Thrush
    United States Politics and Government, Halligan, Lindsey, James, Letitia, Siebert, Erik S, Trump, Donald J

    It was a striking rejection of the administration’s retribution campaign.

  • Kristi Noem Testifies Before House Panel Amid Immigration Crackdown 2 hours ago by Madeleine Ngo
    Illegal Immigration, Homeland Security Department, House Committee on Homeland Security, National Guard, Noem, Kristi

    Kristi Noem, the homeland security secretary, has overseen President Trump’s immigration policy, including efforts to detain more immigrants and pause visa applications.

  • Nobel Peace Prize Winner Machado Says U.S. Helped Her Leave Venezuela 4 hours ago by Anatoly Kurmanaev and Henrik Pryser Libell
    Venezuela, Maduro, Nicolas, Nobel Prizes, Machado, Maria Corina, Oslo (Norway), Trump, Donald J, internal-open-access-from-nl

    María Corina Machado reappeared on the global stage as the Trump administration ramped up its pressure campaign against President Nicolás Maduro.

  • What Does the Oil Tanker Seizure Mean for Venezuela’s Economy? 3 hours ago by Simon Romero
    Oil (Petroleum) and Gasoline, United States International Relations, International Trade and World Market, Ships and Shipping, Embargoes and Sanctions, Petroleos de Venezuela SA, Chevron Corporation, University of Denver, Maduro, Nicolas, Trump, Donald J, United States, Venezuela, internal-open-access-from-nl

    Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the government running and pay for basic necessities.


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