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Democrats are warning that Americans will face higher costs and end up paying the price for new tariffs President Donald Trump is imposing against Mexico, Canada and China. 

The White House announced Friday that in response to an ‘invasion of illegal fentanyl’ to the U.S., it would impose a 25% tariff on all goods entering the United States from Mexico and Canada, a 10% tariff on Canadian energy and a 10% tariff on all goods entering the U.S. from China. 

Tariffs against China went into effect Tuesday, although Trump agreed to push back tariffs against Mexico and Canada by at least one month after discussions with each respective country about securing the border.

While Trump acknowledged Friday the tariffs might result in ‘temporary, short-term disruption,’ Democrats claim American taxpayers will end up hurting and paying the price. 

According to one Washington think tank, the nonpartisan Peterson Institute for International Economics, these rounds of tariffs are expected to cost U.S. households roughly $1,200 a year annually. 

As a result, Senate Minority Leader Chuck Schumer, D-N.Y., took a jab at Trump and mocked the president’s coined expression about a ‘golden age’ of economic prosperity. 

‘President Trump kickstarted a golden age of higher costs for American families with his 25% tariffs on Canada and Mexico,’ Schumer said Monday on the Senate floor. ‘Two of our four biggest trading partners by issuing his tariffs. Donald Trump is yet again rigging the game for his billionaire friends, while doing nothing to lower costs for American families.’

‘The Trump tariffs will make gas prices go up, and we should not listen at all to Donald Trump when he says it’s about stopping fentanyl,’ Schumer said. ‘That’s nonsense. There are other ways to stop fentanyl without making inflation worse and raising costs on the American family.’

Additionally, Sens. Chris Coons, D-Del., and Tim Kaine, D-Va., introduced legislation Thursday that would increase legislative branch oversight before imposing new tariffs. Specifically, the legislation would require the president to brief Congress on tariff proposals and impacts on the U.S. economy and foreign policy interests.

The measure, known as the Stopping Tariffs on Allies and Bolstering Legislative Exercise of (STABLE) Trade Policy Act, also would require approval from Congress before executing any new tariffs on U.S. allies or other free trade agreement partners. 

Coons warned that the American people would pay the price for the tariffs, which he labeled the ‘largest tax increase’ on Americans in a long time. Coons also cautioned that imposing tariffs on Mexico and Canada would turn them into ‘nervous neighbors’ and could jeopardize relationships with allies. 

‘China, Mexico, and Canada are our three largest trading partners,’ Coons said in a statement Friday. ‘It’s the largest tax increase on working Americans in a long time, and it will cost them thousands of dollars every year. President Trump is making America expensive again.’ 

Experts have warned that the costs of foods like avocados, dairy and certain meats could go up as a result of the tariffs. For example, Kelly Beaton, the chief content officer at The Food Institute, noted that the U.S. receives a large portion of hog and beef imports from Canada. These tariffs ‘will undoubtedly’ lead to higher import costs, and, ultimately, higher beef and pork prices for American consumers, she said, Fox Business reports. 

Likewise, Democratic Reps. Suzan DelBene, D-Wash., and Don Beyer, D-Va., also introduced legislation in January that would block Trump from using emergency powers to implement tariffs, amid concerns that American consumers would end up footing the bill.

‘Not only would widespread tariffs drive up costs at home and likely send our economy into recession, but they would likely lead to significant retaliation, hurting American workers, farmers, and businesses,’ DelBene said in a statement on Jan. 15. 

In response to Americans absorbing costs from the tariffs, Trump said in a post Sunday on Truth Social: ‘WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!). BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.’

While Sen. Mitch McConnell, R-Ky., told NBC News’ ’60 Minutes’ he predicted tariffs would drive up consumer costs, other Republicans like Sen. Lindsey Graham, R-S.C. told Fox News Sunday that the tariffs are designed to ‘get these countries to change their behavior.’

The tariffs were being imposed due to an ‘unprecedented invasion of illegal fentanyl that is killing American citizens,’ White House press secretary Karoline Leavitt said Friday.  

 

Trump and Mexican President Claudia Sheinbaum spoke on Monday, resulting in the postponement of the tariffs against Mexico for one month. Additionally, Sheinbaum promised to dispatch 10,000 troops to the U.S.–Mexico border. 

Likewise, Canadian Prime Minister Justin Trudeau unveiled plans for a $1.3 billion border plan, requiring reinforcements at the border with ‘new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl.’

‘Nearly 10,000 frontline personnel are and will be working on protecting the border,’ Trudeau said in a social media post on X on Monday. 

While Trudeau initially unveiled plans for Canada’s own 25% tariffs on up to $155 billion in U.S. imports on items such as fruit and alcohol. But Trudeau said Sunday the tariffs were on pause for at least 30 more days amid negotiations with the U.S. 

Trudeau also said that ‘we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada- U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering.’ 

Fox News’ Brooke Singman and Daniella Genovese contributed to this report. 

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The most consequential meeting of the 20th Century may have been in December 1941, when British Prime Minister Winston Churchill sailed to Washington to plan the strategy for fighting and winning World War II. Israeli Prime Minister Benjamin Netanyahu’s huddle with President Donald Trump might be the defining get-together of the 21st Century.  

That may seem hyperbolic, but consider what this is. The two most important leaders who can shape the future of the Middle East are deciding how to get the region back on the path to peace and prosperity — cleaning up after President Joe Biden’s policies wrecked the stability of the region like a blind man driving a Ferrari on a mountain road at top speed. 

Much has been said of the opposition in the governing coalition to Netanyahu moving to a ceasefire in Gaza. Some have threatened to topple his government for continuing the effort to pound Hamas into the dust after the brutal and unjustified October 7 attacks. But if Netanyahu returns with a Trump-backed plan on the way forward (and the odds are he will), what are the odds that the coalition will think they can just walk away from that and be better off? 

After all, Trump is on a tear. He is immensely popular at home. He just cleaned his own back yard, scaring Panama, Venezuela, Mexico and Canada straight. Trump has sent every signal save maybe a flare gun to show he completely has Israel’s back with all the weapons support and diplomatic cover the country needs to defend itself. 

Further, while all the Trump team is not on board, there are plenty of key players to help execute a proactive Middle East policy, including a gung-ho secretary of Defense, a strong secretary of State, an ace for a CIA director and a small platoon of special envoys. Trump’s Middle East team is stacked better than the lineup for the Super Bowl. 

By the time Netanyahu leaves February 8, we may not know every detail of the joint U.S. -Israeli campaign, but we can guess the to-do list — much like the world saw after the FDR-Churchill Arcadia Conference (December 24, 1941, to January 14, 1942). 

Trump and Netanyahu will have to settle on a pacification plan for Gaza, one that won’t include past mistakes like funneling money to UNRWA to fund the next generation of Jew killers. 

Topping the list will also be putting Iran back into a box so small it will be catastrophic for the mullahs. 

Also, high on the agenda is getting the Abraham Accords back on track and jumping starting important regional projects like India-Middle East-Europe Economic Corridor (IMEC). 

Farther down the line but also needing to be resolved are reconciling Israeli and Turkish vital interests in Syria and a practical future for Lebanon not occupied by Hezbollah. 

Putting together these pieces of the Middle East puzzle will have massive implications far beyond the region. For starters, this agenda will fully marginalize China’s misanthropic efforts to muscle in as a Middle East power. Russian influence in the region will virtually evaporate. Transnational terrorism will lose another foothold. The Middle East will become an even more important strategic bridge between the transatlantic community and the Indo-Pacific. 

This might all seem too daunting a list of accomplishments from one little meeting, but in December 1941, few thought a meeting between an American that just got hammered at Pearl Harbor and a Britain tottering on invasion would lead the free world to victory. History could well be repeating itself. 

 

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Support for President Donald Trump’s vision for the U.S. to ‘take over the Gaza Strip,’ level it and rebuild the area came flooding in on Tuesday after a news conference announcing the plan.

The comments were made following a meeting with Israeli Prime Minister Benjamin Netanyahu at the White House in which Trump claimed the U.S. would take over the Strip and make it safe again.

‘The U.S. will take over the Gaza Strip, and we will do a job with it, too,’ Trump stated. ‘We’ll own it and be responsible for dismantling all of the dangerous, unexplored bombs and other weapons on the site.’

Trump’s sentiments were echoed by many officials across the social media platform X.

‘Trump’s proposed USA takeover of the Gaza Strip may sound out of the box, but it is brilliant, historic and the only idea I have heard in 50 years that has a chance of bringing security, peace and prosperity to this troubled region,’ Former U.S. Ambassador to Israel David Friedman wrote.

White House Deputy Chief of Staff and Cabinet Secretary Taylor Budowich also expressed that it was ‘Time to think different, stop the killing!’

‘Pres. Trump’s pursuit of peace and prosperity for all is truly visionary. Gaza shouldn’t be a pile of rubble that provides refuge to terrorists, especially when it so easily can become Dubai 2.0. Time to think different, stop the killing!,’ he wrote on X.

In a second post, he said that there is a need for lasting peace.

‘President Trump’s bold and unwavering pursuit for peace continues with a humanitarian’s heart. The killing must stop, the war must end, and we must realize lasting PEACE. That’s why the United States will work with Israel to secure Gaza and find a lasting home for the Palestinian people,’ Budowich stated.

Secretary of State Marco Rubio agreed with the president, saying that ‘Gaza MUST BE FREE from Hamas. As @POTUS shared today, the United States stands ready to lead and Make Gaza Beautiful Again. Our pursuit is one of lasting peace in the region for all people.’

Netanyahu said during the news conference with Trump that the Gaza Strip has become ‘a symbol of death and destruction for so many decades and so bad for the people anywhere near it.’

He also lauded Trump’s tenacity and ability ‘to think outside the box’ during his comments to the press. 

Sen. Rick Scott seemingly agreed with Netanyahu, writing in an X post, ‘Hamas terrorists murdered babies and burned people alive. They are evil monsters. Thank God we finally have a president who is committed to standing with Israel and working with Netanyahu on how to support their efforts to get terrorists out of Gaza and bring every hostage home.’

Congresswoman Beth Van Duyne is one of many who stand for the president’s radical movement to change how this country is being run and agrees this is the right move for peace.

‘The world is looking to the United States for leadership and President @realDonaldTrump is delivering lasting peace! Today’s announcement put Hamas, Iran, and all our enemies on notice — the U.S. will NOT continue the status quo that has empowered terrorists and created a humanitarian disaster,’ she said.

Not everyone is onboard, though Saudi Arabia’s foreign ministry issued a statement to Trump, noting a call for an independent Palestinian state was a ‘firm, steadfast and unwavering position.’ 

‘The Ministry of Foreign Affairs affirms that the position of the Kingdom of Saudi Arabia on the establishment of the Palestinian state is a firm, unwavering position, and His Highness the Prime Minister – may God protect him – has affirmed this position in a clear and explicit manner that does not allow for any interpretation under any circumstances,’ the statement said.

Saudi Arabia and the U.S. are in negotiations over a deal to diplomatically recognize Israel in exchange for a security pact among other terms.

‘The duty of the international community today is to work to alleviate the severe human suffering endured by the Palestinian people, who will remain committed to their land and will not budge from it,’ the Saudi statement said.

Hamas also wrote a statement criticizing Trump’s comments.

‘We reject Trump’s statements in which he said that the residents of the Gaza Strip have no choice but to leave, and we consider them a recipe for creating chaos and tension in the region,’ the group said.

Hamas has recently reaffirmed control over the Gaza Strip following the start of the ceasefire and has said they will not release hostages without an end to the war and Israeli forces’ full withdrawal.

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Overseas missions for the United States Agency for International Development (USAID) have reportedly been told to shut down and that staffers were being recalled to the United States by Friday. 

CBS News reported that Peter Marocco, the director of foreign assistance at the State Department who was tapped by State Department Secretary Marco Rubio to run USAID, told the agency’s leadership that those who do not comply will be evacuated by the military. 

Fox News Digital has reached out to USAID and the State Department. 

USAID has come under scrutiny by the Trump administration over what it is spending. 

‘For decades, the United States Agency for International Development (USAID) has been unaccountable to taxpayers as it funnels massive sums of money to the ridiculous — and, in many cases, malicious — pet projects of entrenched bureaucrats, with next-to-no oversight,’ the White House said Monday. 

USAID allocated millions of dollars for programs the Trump administration considers controversial and that frequently involved diversity, equity and inclusion (DEI) initiatives launched during the Biden administration, critics say.

During an interview with Fox News that aired Tuesday, Rubio said USAID has ‘basically evolved into an agency that believes that they’re not even a U.S. government agency.’

‘That they are a global charity. That they take the taxpayer money and spend it as a global charity, irrespective of whether it is in the national interest or not in the national interest,’ he said. 

The goal was always to reform the agency, Rubio said, but that ‘now we have rank insubordination.’ 

‘Their basic attitude is: ‘We don’t work for anyone. We work for ourselves’,’ he said. ”No agency of government can tell us what to do’.’

Rubio said a common complaint among U.S. embassies around the world is that USAID isn’t cooperative and ‘undermines the work that we’re doing.’

On Tuesday, Sen. Jodi Ernst, R-Iowa, said every dollar given to USAID needs to be scrutinized.

In a series of posts on X, Erst noted millions in aid that were allegedly funneled to fund good causes ended up in the hands of bad actors. 

She noted $9 million in humanitarian aid to feed civilians in Syria that allegedly ended up in the hands of terrorists, as well as another $2 million spent on Moroccan pottery classes and promotion. 

Other projects included trade assistance to Ukraine to pay for models to attend Fashion Weeks events in New York City, London and Paris and millions spent to help Afghans grow crops instead of opium. 

‘The results: opium poppy cultivation across the country nearly doubled, according to the UN,’ she wrote. 

‘USAID asked, ‘Can you tell me how to get how to get to Sesame Street?’ and ended up in Iraq,’ she wrote in another post. ‘USAID authorized a whopping $20 million to create a Sesame Street in Iraq.’

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Saudi Arabia said it would not establish ties with Israel unless a Palestinian state is created, shooting down U.S. President Donald Trump’s claim that the Saudis were not demanding a Palestinian homeland when he floated the idea of the U.S. government taking control of the Gaza Strip.

Trump said on Tuesday at a joint press conference with Israeli Prime Minister Benjamin Netanyahu that he wants the U.S. to take over the Gaza Strip, which has been ravaged by the Israel-Hamas war, after Palestinians are resettled in other countries.

‘The U.S. will take over the Gaza Strip, and we will do a job with it, too,’ Trump said at the White House. ‘We’ll own it and be responsible for dismantling all of the dangerous, unexplored bombs and other weapons on the site.’

‘Level the site and get rid of the destroyed buildings, level it out, create an economic development that will supply unlimited numbers of jobs and housing for the people of the area,’ he said. ‘Do a real job. Do something different. Just can’t go back. If you go back, it’s going to end up the same way it has for 100 years.’

Saudi Arabia’s foreign ministry said in a statement on Wednesday that the country rejects any attempts to displace the Palestinians from their homeland, stressing that its position on the Palestinians is not up to negotiation.

The statement noted that Saudi Crown Prince Mohammed bin Salman has affirmed the kingdom’s position in ‘a clear and explicit manner’ that does not make other interpretations possible under any circumstances.

Any proposed displacement of Palestinians, an idea Trump has suggested multiple times since retaking office last month, is a highly sensitive matter for both Palestinians and Arab countries.

Trump said on Jan. 25 that he wanted Jordan, Egypt and other Arab nations to accept more Palestinian refugees from the Gaza Strip, potentially moving out enough people to ‘just clean out’ the area.

‘You’re talking about probably a million and a half people, and we just clean out that whole thing and say, ‘You know, it’s over,” he said at the time.

Amid the Israel-Hamas war in Gaza, Palestinians feared they would suffer from another ‘Nakba,’ meaning catastrophe in Arabic, which refers to the displacement and dispossession of hundreds of thousands of Palestinians during the 1948 war at the birth of the State of Israel.

The U.S. had led months of diplomacy to convince Saudi Arabia to normalize ties with Israel and recognize the Middle Eastern country. But the war in Gaza, which began with Hamas’ Oct. 7, 2023, attack on the Jewish State, prompted the Saudis to abandon the matter amid Arab anger over Israel’s offensive.

Trump wants Saudi Arabia to follow in the footsteps of countries including the United Arab Emirates, a Middle East trade and business hub, and Bahrain, which signed the Abraham Accords in 2020 and normalized ties with Israel.

Saudi Arabia establishing ties with Israel would be a grand prize for the Jewish State because the kingdom has huge influence in the Middle East and the wider Muslim world, and it is the world’s biggest oil exporter.

Reuters contributed to this report.

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By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day.

“Retirement is becoming more deprioritized,” said Michael Liersch, head of advice and planning at Wells Fargo.

“Ten or 15 years ago that was always the number one goal,” he said. Now, “actually living one’s life in the moment is a bigger priority.”

Although this cohort is very focused on building wealth, “the end game might not be no longer working and sitting on my Adirondack chair,” he said. “That just might not be it.”

More than one-third, or 37%, of Americans want a retirement that looks different from previous generations, according to a 2024 report from Edelman Financial Engines.

Most say that means a more active and adventurous lifestyle. And 32% say they will never be able to “fully” retire, the report found.

“This contrasts sharply with retirement stereotypes of the past, where stability and relaxation were the primary goals,” the report said.

Meanwhile, the median wealth of younger millennials and older Gen Zers — or those born in the 1990s — “more than quadrupled” in recent years, according to an analysis of 2022 data by the St. Louis Federal Reserve.

The number of millennials with seven-figure retirement balances also jumped 400% as of the third quarter of 2024, compared to a year earlier, according to data from Fidelity Investments prepared for CNBC.

Compared to other generations, millennials are also more likely to say that their income went up over the last few months and that they expect their earnings potential to increase again in the year ahead, another report by TransUnion found.

Collectively, millennials are now worth about $15.95 trillion, up from $3.94 trillion five years earlier, according to the most recent Federal Reserve data as of the third quarter of 2024.

But a lot has changed for younger generations, too, said Brett House, an economics professor at Columbia Business School.

What assets millennials have on hand and their relative financial stability “is determined by how they shape up against immediate needs — such as housing down payments or emergency medical payments — and their capacity to generate income to replace salaries and wages in retirement amidst the shift from defined benefit to defined contribution pensions, or the elimination of workplace pensions all together,” House said.

Most younger adults are no longer getting pensions of any kind, so individuals who enter retirement age are now more dependent on personal savings and Social Security, he said.

“There are a lot of financial priorities that we are all trying to reach simultaneously,” said Sophia Bera Daigle, founder and CEO of Gen Y Planning, a financial planning firm for millennials.

Many millennials must contend with hefty student loan balances, mortgages, car payments and child care costs in addition to saving for retirement or future college costs, she said.

“People are really feeling the cash crunch in their 30s to 40s,” said Bera Daigle, a certified financial planner and a member of CNBC’s Advisor Council. “Their net worth is going up but they don’t feel like they are getting ahead.”

That has also contributed to changing views on retirement for millennials, she said.

“When I got into this business, retirement was about quitting the grind … playing golf,” Bera Daigle said.

Now, “it’s really more about flexibility,” she added. “We don’t know what retirement will look like in 20 years… there’s a lot more emphasis on choosing the work they want to do in their 60s.”

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President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other countries that can help pay out regular funds to ordinary citizens.

However, full details on how the fund would work were not immediately available. Trump made the announcement in an Oval Office ceremony. He had floated the idea of creating such a fund during his 2024 presidential campaign.

Treasury Secretary Scott Bessent offered brief remarks at the event outlining the fund.

‘It will be a combination of liquid assets, assets that we have in this country as we work … to bring them out for the American people,’ he said.

Trump said Commerce Secretary Howard Lutnick would also be involved in standing up the fund, which could take as long as a year to establish. Lutnick said Monday that the fund could possibly be used to help take over TikTok, though he did not offer details about how such an endeavor would work.

“The extraordinary size and scale of the U.S. government and the business it does with companies … should create value for American citizens,” Lutnick said. “If we are going to buy 2 billion Covid vaccines, maybe we should have some warrants and some equity in these companies and have that grow for the help of the American people.”

Norway has the largest sovereign wealth fund in the world. It takes oil revenues and reinvests them in assets like stocks. Its current net worth is equivalent to approximately $325,000 per Norwegian citizen.

Other countries with large sovereign wealth funds include China, Saudi Arabia, Australia, Iran and Russia.

Alaska and Texas also have state-run funds.

A 2024 study from the Carnegie Endowment for International Peace found that without proper safeguards, such as governance and regulatory structures, sovereign wealth funds can turn into ‘conduits of corruption, money laundering, and other illicit activities.’

CORRECTION (Feb. 3, 2025, 8:39 p.m. ET): A previous version of this article misattributed a quotation. Howard Lutnick said the U.S. government’s transactions with companies “should create value for American citizens,” not Scott Bessent.

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Much of the international community believes that Rwanda backs the M23 rebels, who claimed to capture the city of Goma in eastern Congo last week. UN experts believe that an estimated 3,000 – 4,000 Rwandan soldiers are supervising and supporting M23 fighters in the east of the DRC, outnumbering the rebel group’s forces in the country.

“I don’t know,” Kagame said, despite the fact that he is commander-in-chief of the Rwandan Defence Force.

“There are many things I don’t know. But if you want to ask me, is there a problem in Congo that concerns Rwanda? And that Rwanda would do anything to protect itself? I’d say 100%,” he continued.

Madowo told Kagame that comparisons have been made between him and Russian President Vladimir Putin, who backed local separatist forces to try and invade Donbas, an eastern region of Ukraine, in 2014.

“There will be so many stories,” Kagame said of the comparison, adding that he can’t “stop people from saying whatever they want to say.”

“I may be called anything – what can I do about it?” he asked. “We have to do what we have to do… we have to make sure we survive any storm that blows across our country.”

Kagame called the Democratic Forces for the Liberation of Rwanda (FDLR), one of the largest foreign armed groups operating in the DRC, an “existential threat” to Rwanda. He alleged that the group was fully integrated into the Congolese armed forces, suggesting that other governments in the region also support the rebel group.

Kagame repeatedly insisted that Rwanda will do “whatever it takes” to protect itself, without giving much information about what this entails.

“Nobody,” including the United Nations or the international community “is going to do it for us,” the leader said.

When asked again if he was sending troops to the DRC, Kigame said that Rwanda will do “anything to protect itself,” telling Madowo to “read whatever you want to read from what I’m telling you.”

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Ecuador will apply a 27% tariff on Mexican goods to “ensure fair treatment” of Ecuadorian producers, President Daniel Noboa said on Monday.

In a post on X, Noboa said he is open to signing a free trade deal with Mexico, but “not when there is abuse,” though did not elaborate. The president said that until a free trade deal is struck, a 27% tariff will apply to goods imported from Mexico.

Ecuador imported $541 million worth of goods from Mexico in 2023, Mexican government data shows. The biggest single import was medication, representing 12.6% of the goods sold from Mexico to Ecuador that year.

Still, Ecuador is a miniscule trading partner for Mexico, accounting for less than 0.1% the value of Mexico’s exports last year, according to Mexican government data.

The announcement comes after US President Donald Trump announced a pause on his threat of 25% tariffs on all imports from Mexico, after a conversation with Mexican President Claudia Sheinbaum.

Last year, the two countries broke off diplomatic relations following Noboa’s order of a raid on the Mexican embassy in Quito, Ecuador to arrest Jorge Glas, a former Ecuadorean vice president.

Surveillance footage from the incident in April 2024 showed Ecuadorian police grappling with the Mexican mission’s top diplomat as they arrested Glas, who had been seeking asylum from Mexico when the raid took place. The ex-vice president had sought protection from embezzlement charges by requesting asylum in Mexico, saying that the accusations were politically motivated.

Noboa, the son of a banana tycoon, swept into office in late 2023 as the youngest president in Ecuador’s history on the back of a promise to rein in the rampant crime. Since then, he has embarked on an uncompromising agenda, including declaring “war” on more than 20 criminal gangs.

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The founder of a pro-Russian militia group in eastern Ukraine, described by authorities in Kyiv as a “criminal mastermind”, has died following a bombing in central Moscow, according to Russian state media.

Armen Sarkisyan died Monday at a Moscow hospital from injuries sustained in an explosion in an upmarket residential complex in the capital city, TASS quoted the medical services as saying. The Russian Investigative Committee later confirmed Sarkisyan’s death, stating that “despite the assistance provided, one of the victims died in a medical facility.”

Sarkisyan, also known by nickname “Armen Gorlovsky” after Horlivka (Gorlovka in Russian) the eastern Ukrainian town he is from, founded the separatist Arbat Battalion fighting in the region. Ukraine’s Defense Intelligence described him as a “well-known criminal mastermind” who became the “supervisor” of prisons across Russia and occupied territories of Ukraine in November 2022.

The Ukrainian Defense Intelligence said the founding of Arbat in 2022 was an attempt to counterbalance the influence of Wagner leader Yevgeny Prigozhin in the Russian private military company sector. Prigozhin was killed the following year when his plane crashed two months after his attempted mutiny against Russia’s leadership.

The battalion fought in several key battles of the ongoing war in Ukraine, the Institute for the Study of War (ISW) previously said. Arbat was composed “almost entirely” of former Wagner personnel, the US-based conflict monitor said in October 2023.

Sarkisyan was an ally of former Ukrainian President Viktor Yanukovych, the Russian-leaning leader who was ousted following deadly protests in Ukraine in 2014 and fled to Russia, according to Ukrainian authorities. Sarkisyan was wanted in Ukraine for his alleged role in the violent response to those demonstrations against Yanukovych.

Sarkisyan was leaving the exclusive Aliye Parusa residential complex in northwest Moscow on Monday morning when the explosion happened, a local resident said in a video published by the independent Russian media outlet SOTA.

Asked about the incident during a press briefing on Monday, Kremlin spokesperson Dmitry Peskov said: “The special services are doing their job. It is difficult work. The information is being clarified, and work is ongoing, so it is impossible for us to comment on anything at this time.”

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