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Fintech, or financial technology, has become an integral part of everyday life, and many US fintech stocks are seeing success.

Firms like Boston Consulting Group and Silicon Valley Bank are projecting growth in the market, and since the fintech umbrella covers such a wide range of companies, diverse businesses can profit as the industry develops.

Read on for a look at the NASDAQ’s best-performing fintech stocks of the year. Data was gathered using TradingView’s stock screener on January 8, 2025, and companies with market caps of at least US$50 million were considered.

1. Sezzle (NASDAQ:SEZL)

Year-over-year gain: 1,241.19 percent
Market cap: US$1.39 billion
Share price: US$248.12

Sezzle is a buy now-pay later (BNPL) fintech company that launched in 2016. Its digital payment platform provides an alternative for millions of consumers with limited access to traditional credit.

Sezzle offers a full-suite of interest-free installment plans at online stores and select in-store locations across the US, Canada and Australia. It is the only BNPL platform in North America to offer credit reporting optionality through its Sezzle Up program, allowing users to build credit.

As of September 2024, Sezzle had an estimated 529,000 active subscribers. Since its inception it has generated US$8.1 billion in underlying merchant sales, and 15 million completed sign ups. The company achieved its first quarter of profitability in November 2022.

Sezzle’s stock increased in value gradually in the first half of 2024 to reach over US$78 per share in early August. After the company released its positive Q2 2024 financials, its share price shot up to US$106.50 on August 8. The report showed that total revenue (less transaction related costs) reached a record high for the quarter, up 71.7 percent year-over-year to US$32.2 million.

The company’s share price continued to climb, hitting US$170.59 by the end of the third quarter. After releasing its stellar Q3 2024 financial report on November 7, which showed total revenue growth up 71.3 percent year-over-year, its stock value skyrocketed from US$250.47 to US$431.48 in one day.

Shares in Sezzle reached their yearly peak of US$464 on November 25, before pulling back to the US$260 range by the end of the year following a critical short report released by Hindenburg Research on December 18.

2. Dave (NASDAQ:DAVE)

Year-over-year gain: 859.06 percent
Market cap: US$1.09 billion
Share price: US$85.26

Dave is a US-based neobank and a pioneer in the fintech space. The company offers digital banking services through its mobile banking app, launched in 2017. Its offerings include the Dave Debit Card through a license from Mastercard, and its ExtraCash cash advance program. Dave partners with Evolve Bank & Trust, an FDIC member.

Dave’s share price has benefited greatly over the past year from the company’s record-setting growth quarter after quarter. In May 2024, its Q1 2024 financial report highlighted record revenue of US$73.6 million, up 25 percent year-over-year. The company’s share price jumped over 12 percent in one day to US$52.30 on May 7.

But it was the company’s Q3 2024 financial report that really rallied the stock. Dave saw its revenues for the quarter rise by 41 percent year-over-year to US$92.5 million, the company’s fourth consecutive quarter of year-over-year revenue growth. In response, the value of the fintech stock surged from US$62.80 to US$90.43 per share. Shares in Dave hit their yearly peak of US$103.96 on December 17.

3. Root (NASDAQ:ROOT)

Company Profile

Year-over-year gain: 600 percent
Market cap: US$1.17 billion
Share price: US$77.42

Founded in 2015, Root is the parent company of Root Insurance Company, which through the Root app brings data science and technology to the auto insurance market. Currently operating in 34 states, it is the largest insurtech company in the United States.

Like the other tech stocks on this list, Root’s share price over the past year has been driven in large part by its excellent quarterly financial performance. After posting its Q4 2023 financials, which included the best bottom-line quarterly results in the company’s history, Root’s share price grew by more than 350 percent from February 21 to US$39.11 on March 1, 2024. The following month, Root’s stock value had more than doubled to US$82.90 on April 5.

The company’s Q3 2024 financials report was also a significant catalyst for the stock. Root achieved net income profitability for the first time in its history on both a quarter-to-date and year-to-date basis. Shares in Root grew by nearly 69 percent from US$40.49 on October 30 to US$68.39 on October 31. The stock reached its yearly peak of US$109.40 on November 21.

4. Robinhood Markets (NASDAQ:HOOD)

Year-over-year gain: 233.14 percent
Market cap: US$36.08 billion
Share price: US$40.81

Robinhood Markets is a California-based fintech company that offers commission-free stock trading and emphasizes “democratizing access to the markets for millions of investors.” On its digital platform, users can trade stocks, options, commodity interests and crypto. In June, the company said it will acquire global cryptocurrency exchange Bitstamp.

Robinhood’s stock had its best quarter of 2024 in Q4. On October 30, the company released its Q3 2024 financials, highlighting its second highest revenues on record (up 36 percent year-over-year to US$637 million). Additionally, its year-to-date net deposits of US$34 billion and year-to-date revenues of US$1.94 billion were both higher than any prior full year period.

In its October 2024 operating data report released on November 11, Robinhood reported funded customers at the end of October were 24.4 million, which was up over 1 million year-over-year. Additionally, assets under custody totaled US$159.7 billion, up 5 percent from September 2024 and up 89 percent year-over-year. The following month, the company reported its November 2024 operating data, which showed funded customers had grown to 24.8 million and assets under custody hit US$195 billion.

Shares in Robinhood grew by more than 66 percent over the fourth quarter to US$37.26 on December 31, 2024. The company’s highest yearly peak came on December 16 at US$43.20.

5. Priority Technology Holdings (NASDAQ:PRTH)

Year-over-year gain: 215.79 percent
Market cap: US$880.06 million
Share price: US$11.40

Priority Technology Holdings is a payments and banking fintech firm that provides services to more than 1.1 million active customers spanning small to medium businesses, business to business and enterprises. Its platform allows for the collecting, storing, lending and sending of money.

Priority is another fintech stock on this list that had a great fourth quarter in 2024. Shares in the company rose 88 percent over the period to reach US$11.75 per share on December 31.

In its Q3 2024 financials, Priority’s reported revenues were up 20.1 percent year-over-year to US$227 million. Adjusted gross profit grew by 18.9 percent to US$86 million over the same period, and its operating income rose 62 percent to US$38.1 million.

Priority’s stock value reached its highest yearly peak of US$12.29 on January 3, 2025.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

President-elect Trump announced a series of Cabinet picks as his Jan. 20 inauguration nears and Senate confirmation begins.

Trump nominated former Fox News contributor Leo Terrell, a civil rights attorney, as senior counsel to the assistant attorney general for civil rights at the Department of Justice.

‘He will work alongside Harmeet K. Dhillon, a fellow Californian, and our incredible Nominee for United States Assistant Attorney General for Civil Rights in the Justice Department,’ Trump wrote. ‘Leo is a highly respected civil rights attorney and political analyst. He received his law degree from the University of California, Los Angeles, and has defended many high-profile cases throughout his incredibly successful career.

‘Leo will be a fantastic advocate for the American People, and ensure we will, MAKE AMERICA GREAT AGAIN!’ 

In an announcement Thursday evening, Trump revealed Christine Toretti as his pick for ambassador to Sweden. He said Toretti is an ‘incredible businesswoman, philanthropist, public servant, and RNC Committeewoman.’

‘She is Chairman of S&T Bancorp, and a former director of the Pittsburgh Federal Reserve Bank,’ Trump wrote. ‘Christine has been a tireless supporter of important causes as a Board Member of the International Medical Corps, former Chair of the Andy Warhol Museum, Director of the NCAA Foundation, founding Director of the Gettysburg Foundation, Trustee of the Sarah Scaife Foundation, and Chair of the Anne B. Anstine Excellence in Public Service Series in Pennsylvania, and the Dodie Londen Excellence in Public Service Series in Arizona.

‘Christine is one of fewer than sixty women who have received the Athena International Global Award.’

Trump also announced retired Army Capt. Sam Brown would serve as the next Under Secretary for Memorial Affairs at the Department of Veterans Affairs. 

‘Sam is an American HERO, a Purple Heart recipient, and successful businessman from Nevada, who has devoted his life to serving America,’ Trump said in the announcement. ‘He fearlessly proved his love for our Country in the Army, while leading Troops in battle in Afghanistan and, after being honorably retired as a Captain, helping our Veterans get access to emergency medications.
 
‘Sam will now continue his service to our Great Nation at the VA, where he will work tirelessly to ensure we put America’s Veterans FIRST, and remember ALL who served.’

The nominations come as Trump continues to round out picks for his Cabinet as Jan. 20 nears.

The Republican-controlled U.S. Senate will soon begin holding hearings for Trump’s Cabinet nominees.

Republicans will control the Senate with 53 seats to the Democrats’ 47 once Senator-elect Jim Justice of West Virginia is sworn in later in January and Ohio Gov. Mike DeWine appoints a senator to fill Vice President-elect Vance’s seat. 

This post appeared first on FOX NEWS

A federal appeals court rejected a bid to block the release of a portion of special counsel Jack Smith’s final report detailing his investigation and prosecution of President-elect Trump’s alleged 2020 election interference and alleged improper retention of classified records. 

The U.S. Court of Appeals for the 11th Circuit denied the request from Walt Nauta, an aide to Trump, and Carlos de Oliveira, the former property manager at Mar-a-Lago, who were charged for their role in allegedly obstructing a separate federal investigation into Trump’s handling of sensitive government records. 

The 11th US Circuit Court of Appeals left a three-day hold on DOJ’s release of the report.

Smith was tapped by Garland in 2022 to investigate both the alleged effort by Trump and his allies to overturn the results of the 2020 election, as well as Trump’s keeping of allegedly classified documents at his Florida residence. 

Trump pleaded not guilty to all charges. Nauta and de Oliveira also pleaded not guilty to federal charges alleging they conspired to obstruct the FBI investigation into classified documents found at Mar-a-Lago

This post appeared first on FOX NEWS

President-elect Donald Trump said he respects the Supreme Court’s decision to deny his request to stop his sentencing in New York v. Trump from moving forward, but said Thursday night he will appeal, while stressing that ‘lawfare’ has been an ‘attack on the Republican Party.’ 

Trump’s comments came just moments after the Supreme Court denied Trump’s emergency petition to block his sentencing from taking place on Friday, Jan. 10. The sentencing was scheduled by New York Judge Juan Merchan. 

Merchan, last week, said he would not sentence the president-elect to prison, but rather issue a sentence of an ‘unconditional discharge,’ which means there would be no punishment imposed. 

‘I’m the first president and probably one of the first candidates in history that’s under attack with a gag order where I’m not allowed to speak about something,’ Trump said during a meeting at Mar-a-Lago Thursday night with Republican governors. ‘This is a long way from finished and I respect the court’s opinion.’ 

Trump said he thought the court’s ruling was a ‘very good opinion for us,’ noting that the justices ‘invited the appeal.’ 

‘We’ll see how it all works out,’ he said. ‘I think it’s going to work out well.’ 

But Trump reflected on the ‘lawfare’ that he has been victim of, saying that it ‘was an attack on the Republican Party.’ 

‘This was an attack on the Republican candidate who just won an election by record numbers—the highest number of Republican votes by far ever gotten, and we won all the swing states, we won the popular vote by millions of people,’ he said. ‘They tried to stop that from happening—they tried to stop this election from happening or to bloody somebody up so badly they couldn’t win.’ 

Trump said that ‘the people got it and we won by the largest number.’ 

Trump filed an emergency petition to the U.S. Supreme Court on Wednesday in an effort to prevent his Jan. 10 sentencing, scheduled by Judge Juan Merchan, from taking place. 

‘The application for stay presented to Justice Sotomayor and by her referred to the Court is denied for, inter alia, the following reasons. First, the alleged evidentiary violations at President-Elect Trump’s state-court trial can be addressed in the ordinary course on appeal,’ the order states. 

‘Second, the burden that sentencing will impose on the President-Elect’s responsibilities is relatively insubstantial in light of the trial court’s stated intent to impose a sentence of unconditional discharge’ after a brief virtual hearing,’ the court ruled. 

The order also noted that ‘Justice Thomas, Justice Alito, Justice Gorsuch, and Justice Kavanaugh would grant the application.’ 

Trump needed five votes in order to have his request granted. The note on the order suggests Chief Justice John Roberts and Justice Amy Coney Barrett voted with Justices Sonia Sotomayor, Elena Kagan, and Katanji Brown Jackson. 

Trump’s sentencing is now expected to move forward, with the president-elect expected to appear virtually for the proceeding, scheduled for 9:30 am Friday. 

Merchan set Trump’s sentencing in New York v. Trump for Jan. 10 after a jury found the now-president-elect guilty of falsifying business records in the first degree, stemming from Manhattan District Attorney Alvin Bragg’s investigation. Trump pleaded not guilty to all charges and has appealed the ruling but was rejected last week by Merchan. 

Trump will be sworn in as the 47th President of the United States on Jan. 20. 

Trump has maintained his innocence in the case and repeatedly railed against it as an example of ‘lawfare’ promoted by Democrats in an effort to hurt his election efforts ahead of November. 

This post appeared first on FOX NEWS

President-elect Trump is hosting a group of Republican governors for dinner at his Mar-a-Lago club in Palm Beach, Florida, Thursday evening.

The gathering comes a week and a half before the former and future president is inaugurated Jan. 20 and takes over the White House.

The meeting gives Trump a chance to speak with the GOP governors who will likely play an integral role in carrying out the Trump agenda in his second administration, including his push for mass deportation of immigrants with criminal records.

Among those attending the dinner are governors Ron DeSantis of Florida, Brian Kemp of Georiga, Glenn Youngkin of Virginia and Kim Reynolds of Iowa, Fox News confirmed.

DeSantis, a one-time Trump ally who clashed with the former president in 2023 and early last year during a contentious 2024 GOP presidential nomination race, mended relations a bit with the former president after the primary season. 

DeSantis endorsed Trump and helped raise money for the Republican nominee’s general election campaign.

Reynolds, the conservative two-term governor, drew Trump’s ire during the presidential primaries by endorsing DeSantis and serving as his top surrogate during the Iowa caucuses.

‘Excited to meet with President @realDonaldTrump tonight at Mar-a-Lago,’ Reynolds wrote in a social media post. ‘I stand ready to help enact his agenda of Making America Safe, Prosperous, and Great Again!’

Youngkin, who mulled a 2024 White House run of his own before deciding against it, teamed up with Trump a couple of times during the general election campaign.

Kemp, who in November took over as chair of the Republican Governors Association, was heavily criticized by Trump after refusing to help Trump overturn his razor-thin defeat to President Biden in Georgia in the 2020 election. And Trump urged, and then supported, a 2022 GOP gubernatorial primary challenge against Kemp by former Sen. David Purdue. But the former president toned down his criticism of the governor after Kemp crushed Perdue to easily win renomination on his way to re-election.

The two politicians appeared to patch up their differences in recent months, as Kemp supported Trump in the general election.

Politico was first to report on Trump’s dinner with the governors.

This post appeared first on FOX NEWS

First Helium Inc. (‘First Helium’ or the ‘Company’) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced receipt of regulatory licensing approval to proceed with the drilling of its 7-15 high impact exploration location, along with its previously licensed proven undeveloped (‘PUD’) 7-30 location, which has been assigned proved plus probable undeveloped reserves of 196,700 barrels² by Sproule Associates Limited (‘Sproule’)¹, its independent evaluator. The Company is working to secure drilling and ancillary services to drill both wells in a sequential, cost-effective manner. In preparation, the Company has commenced construction of the 7-30 drilling location.

‘With drilling license now in hand for the 7-15 location, we are moving ahead to secure the required services necessary to drill both our 7-30 PUD well along with our high impact Leduc anomaly, 7-15, which on seismic is approximately 5X the areal extent of our successful 1-30 light oil pool discovery,’ said Ed Bereznicki, President & CEO of First Helium. ‘With success, the combined oil potential from these two operations would provide immediate cash flow and meaningful near-term value for our shareholders. It would also set the stage to execute on ten additional, highly prospective lower risk drilling locations,’ added Mr. Bereznicki.

Follow Up Drilling Inventory – 10 Additional Targets Identified on Proprietary 3D Seismic

The Company has identified 10 additional primary Leduc locations using the same interpretation of its proprietary 3D seismic data that identified its 7-30 and the 7-15 targets (See Figure 1). Success in the current drilling program would immediately de-risk these locations for follow-up development.

Each of the 10 Leduc drilling locations also has the potential to encounter one or more of up to six additional shallower formations/zones which have been historically proven to produce oil, and helium-enriched natural gas along the Peace River Arch at Worsley. The Company would look to exploit those potentially economic zones from the same wellbore, and/or drill additional well(s) to accelerate the development of potential discoveries in such an ‘up hole’ zone, once it had extracted all the hydrocarbons economically possible from a successful Leduc well.

Figure 1:
  Worsley Project Inventory
https://www.globenewswire.com/NewsRoom/AttachmentNg/415989da-a4be-422b-aed1-034855a011eb

Photo1

Based on historical successful drilling results from the 1-30 and 4-29 Leduc oil wells, which together have produced more than 113,000 barrels of light oil and generated more than $13 million in revenue and $8 million in cash flow, the Company has achieved a direct correlation between its Leduc seismic interpretation and the potential for economic quantities of producible hydrocarbons. Notably, this same seismic signature is seen across all additional drilling locations.

Given the large potential opportunity for scalable growth at Worsley, all on 100% owned lands, the Company will continue to explore strategic partnerships to accelerate development of its extensive asset base.

Notes:
(1) Prepared by Sproule Associates Limited (‘Sproule’), independent qualified reserves evaluator, in accordance with COGE Handbook.
(2) Gross Proved plus Probable Undeveloped reserves, per Sproule, Evaluation of the P&NG Reserves of First Helium Inc. in the Beaton Area of Alberta (as of March 31, 2023). See First Helium’s SEDAR+ profile at www.sedarplus.ca .


ABOUT First Helium

Led by a core Senior Executive Team with diverse and extensive backgrounds in Oil & Gas Exploration and Operations, Mining, Finance, and Capital Markets, First Helium seeks to be one of the leading independent providers of helium gas in North America.

First Helium holds over 53,000 acres along the highly prospective Worsley Trend in Northern Alberta which has been the core of its exploration and development drilling activities to date.

Building on its successful 15-25 helium discovery well, and 1-30 and 4-29 oil wells at the Worsley project, the Company has identified numerous follow-up drill locations and acquired an expansive infrastructure system to facilitate future exploration and development across its Worsley land base. Cash flow from its successful oil wells at Worsley has helped support First Helium’s ongoing exploration and development growth strategy. Further potential oil drilling locations have also been identified on the Company’s Worsley land base.

For more information about the Company, please visit www.firsthelium.com .

ON BEHALF OF THE BOARD OF DIRECTORS

Edward J. Bereznicki
President, CEO and Director

CONTACT INFORMATION

First Helium Inc.
Investor Relations
Email: ir@firsthelium.com
Phone: 1-833-HELIUM1 (1-833-435-4861)

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words ‘anticipate’, ‘plan’, ‘continue’, ‘expect’, ‘estimate’, ‘objective’, ‘may’, ‘will’, ‘project’, ‘should’, ‘predict’, ‘potential’ and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the completion of future planned activities. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the state of the equity financing markets and regulatory approval.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

SOURCE: First Helium Inc.

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News Provided by GlobeNewswire via QuoteMedia

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Tesla and Space X CEO Elon Musk has issued blistering criticism of liberal megadonor George Soros in recent days after President Biden awarded the Hungarian-born progressive with the nation’s highest civilian honor, the Presidential Medal of Freedom.

‘A travesty that Biden is giving Soros the Medal of Freedom,’ Musk posted on X last week in response to news that the nation’s highest civilian honor would be presented to Soros, whose massive financial empire has been used all across the country to fund campaigns of progressive politicians, legislation, ballot measures and initiatives.

In another post, Musk wrote that Soros was a ‘genius’ when it came to arbitrage, finance or politics, but ‘I just wish he loved, rather than hated, humanity.’

‘George Soros’s hatred of humanity includes Israel btw,’ Musk posted on X referencing a news story with the headline, ‘Israeli ambassador to UN slams George Soros for funding Hamas-supporting NGOs: Report.’

Musk also posted a meme of Biden handing the Presidential Medal of Freedom to Emperor Palpatine from the ‘Star Wars’ film franchise and joked, ‘George Soros looking quite good here. Must be the lighting.’

In another post, Musk posted a screenshot from Soros’ website accusing him of spending ‘billions to create the fake asylum-seeker nightmare that is destroying America and Europe.’

On Thursday, Musk responded on X to a comment from Italian Prime Minister Giorgia Meloni where she said that Musk is ‘not a danger to Democracy’ but rather ‘George Soros is.’

‘And Soros is being defeated,’ Musk responded.

Soros, a mega-Democrat donor, runs a web of non-profits that bankroll various candidates around the world who align with his progressive agenda, including his Open Society Foundations. Soros has given over $32 billion to Open Society Foundations since 1984, according to its website. 

‘President Biden’s decision to award George Soros the Medal of Freedom is a slap in the face to the citizens and crime victims suffering under the policies and politicians he has promoted,’ Zack Smith, Heritage Foundation legal fellow and co-author of ‘Rogue Prosecutors: How Radical Soros Lawyers Are Destroying America’s Communities,’ recently told Fox News Digital.

‘Soros has been a major donor to far-left politicians and has promoted policies that undermine the rule of law in our country. Given Biden’s embrace of these policies and the funding Soros has provided, this looks like nothing more than an effort to reward and keep happy one of the Left’s major donors (and his family). It cheapens what should be a prestigious award and gives everyday Americans yet another reason to be disgusted by the current Administration’s actions.’

Soros has long been blamed by many experts and analysts for rising crime in major cities after his support of liberal district attorneys has pushed for a ‘reimagining’ of policing or policies like ending cash bail or lowering sentencing requirements.  

A dozen of the 25 Soros-linked district attorneys on the ballot in November were defeated or recalled, signaling a backlash against progressive policies that critics say are to blame for a surge in crime across the country in recent years.

Fox News Digital reached out to the Open Society Foundations for comment but did not receive a response.

Fox News Digital’s Michael Dorgan contributed to this report.

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The number of people killed in Gaza is significantly higher than the figure reported by authorities in the enclave, a peer-reviewed study by researchers from a leading health research university in the UK has found.

According to findings announced by the London School of Hygiene & Tropical Medicine (LSHTM) and published in The Lancet journal, there were an estimated 64,260 “traumatic injury deaths” in Gaza between October 7, 2023 and June 30, 2024. The Palestinian Ministry of Health in Gaza put the figure at 37,877 at the time.

This means the ministry has underreported the death toll due to violence by approximately 41%, the researchers found. As of October, the number of Gazans killed by violence was thought to exceed 70,000, the study said, based on the estimated underreporting rate.

The total death toll attributable to Israel’s military campaign is likely to be higher still, it said, as its analysis doesn’t account for deaths caused by disruption to health care, insufficient food, clean water and sanitation, and disease outbreaks.

The health ministry’s figure stood at 45,885 on January 7. A further 109,196 have been injured. In general, the ministry reaches its figures by counting the corpses of those killed.

LSHTM said the findings suggest that around 3% of the enclave’s population has died due to violence, 59% of whom were women, children, and the elderly.

The discrepancy with the ministry’s figures reflects the destruction of Gaza’s healthcare infrastructure and therefore its inability to accurately count the dead amid Israel’s ongoing bombardment of the enclave, the LSHTM said.

Researchers analyzed data from multiple sources, including the health ministry’s hospital morgue records, a respondent-driven online survey and obituaries on social media.

They arrived at estimated figures using a statistical method known as ‘capture-recapture analysis,’ which is used when not all of the relevant data is recorded.

Zeina Jamaluddine, lead author at LSHTM, said the results “underscore the urgent need for interventions to safeguard civilians and prevent further loss of life.”

Israel’s 14-month war in Gaza, launched in response to Hamas’ October 7 attack, has decimated large swathes of the enclave and destroyed key healthcare infrastructure while placing an enormous strain on hospitals that remain functional.

Last month, a report from Human Rights Watch (HRW) found that Israel had deliberately been depriving Palestinians in Gaza of access to clean water, which has fueled the spread of disease and caused deaths likely in the thousands.

The scale of the devastation caused by a lack of water may likely never be fully understood, HRW warned, due to the decimation of Gaza’s health care system including disease tracking.

HRW and Amnesty International have both accused Israel of committing genocide against Palestinians in Gaza, which Israel strongly denies. Israel has also been taken to the UN’s top court, the International Court of Justice, on allegations of genocide.

Earlier this week, a Palestinian newborn died from hypothermia in Gaza, bringing the total number of babies killed by low temperatures and a lack of access to warm shelters in recent weeks to at least six.

Eight people in total have died of hypothermia, according to health officials in the enclave, including a 2-year-old toddler and a nurse.

Aid group Médecins Sans Frontières said on Wednesday that three hospitals in Gaza, Nasser hospital, Al-Aqsa hospital and European Gaza hospital, are on the verge of closure due to a lack of fuel. “This situation is threatening the lives of hundreds of patients, including newborns, who depend on electricity to stay alive,” it said.

This post appeared first on cnn.com

Venezuelans are bracing for yet another wave of repression as strongman leader Nicolas Maduro prepares to be inaugurated for a third time on Friday – sealing an election outcome that opposition politicians and the US government say was stolen.

In recent days, the government has deployed a show of force ahead of the inauguration, increasing the number of policemen and security officers on the street and detaining dozens of people across the country, including a former presidential candidate, according to human rights advocates.

The climate of fear is palpable on social media, with the Instagram account of Venezuela’s military counterintelligence agency recently posting a video of a hand knocking on a door in the middle of the night – a message suggestive of the kinds of retaliation critics might encounter.

Maduro and his allies are “showing they are not going to tolerate any dissent, and people are scared,” the diplomat said, asking to speak anonymously to avoid possible repercussions.

After a contested election, a security crackdown

Maduro’s re-election could hardly be more controversial. On July 28, he was proclaimed winner of the presidential election by electoral authorities under the tight control of the ruling Socialist Party.

When protests erupted over the vote, Maduro’s government detained over 2,000 people in less than a week to quash dissent.

Gonzalez is now on an international tour to sympathetic countries – such as the United States, whose government formally recognizes Gonzalez as Venezuela’s president-elect – to rally support for what he argues is his rightful presidency.

Likely at great personal risk, Gonzalez is also pledging to crash Maduro’s reelection party by returning to Caracas – where he is now accused of terrorism, with a $100,000 bounty on his head – ahead of the inauguration on Friday.

Several Latin American leaders, including nine former heads of state from around the region, have pledged to accompany him to Caracas, to which the Maduro government responded by banning the group from entering the country.

How exactly Gonzalez intends to do it is anyone’s guess: Maduro remains firmly in control of the country’s military, and security measures have been tightened as the government claims to be under constant threats of insurgencies and foreign plots.

On Tuesday, Maduro deployed Venezuela’s army to the streets to “guarantee the victory of peace.” He also announced that seven foreign mercenaries, including two US citizens and three Ukrainians, had been detained for terrorism in the country, without showing any proof but promising the group will soon confess their alleged crime.

“It’s really tense,” says Gerardo, a tourist guide who often travels outside Caracas and who believes the number of checkpoints and controls has increased in recent days.

“It’s not normal to have military counterintelligence, and not just the police, manning the checkpoints on the road to the airport… Driving around and you suddenly are stopped by men in balaclavas with an AK-47 asking to see your ID,” he said, asking to go only by his first name because of security concerns.

Arrests and ‘political beheading’

In quick succession, Tuesday also saw the alleged detentions of Gonzalez’s son-in-law, Rafael Tudares; Carlos Correa, a human rights activist and the director of the NGO Espacio Publico; and Enrique Marquez, who also ran for president in July, according to their families.

Such detentions have a clear strategy – “political beheading,” according to Gonzalo Himiob, the director of Foro Penal, a Venezuelan NGO that provides legal assistance to political prisoners.

“It means putting a leader in jail to scare off the entire movement, political or human rights,” Himiob said.

“Correa is a veteran of human rights activism in Venezuela, he’s a reference for the entire human rights movement. His reported detention and forced disappearance are very serious, because it foresees the repressive response the Government is mounting ahead of Friday’s inauguration,” said Laura Dib, Director of the Venezuelan Program at the Washington Office for Latin America, a think tank.

Meanwhile, Maduro has increased his public appearances. He maintains the show of force is necessary to prevent his country from falling into chaos and conspiracies, though the Venezuelan government has so far presented no proof of any destabilizing plot.

One high-profile case in recent weeks involves Nahuel Gallo, an Argentinian policeman detained in Venezuela late last year. Caracas accuses him of plotting to kill Maduro’s deputy Delcy Rodriguez, while Buenos Aires says Gallo was simply visiting his partner’s family for the holidays. Over the last six months, at least 125 people of 25 different nationalities have been detained on similar charges, according to interior minister Diosdado Cabello.

The first possible major confrontation between the government and its critics could come on Thursday, when Gonzalez’s ally in the country Maria Corina Machado has vowed to lead mass protests.

Her supporters are keenly aware of the risks .“One tries not to be paranoid, but you go to the streets, and you see so many policemen, so many of them looking for you, it’s hard to remain calm,” said an opposition leader in the central state of Aragua, who asked to speak anonymously for fears of retaliation.

“Personally, I haven’t decided if I’ll go out on Thursday or not, we need to see what happens,” he said.

In a video message on Tuesday, Machado told supporters to have courage and welcome defectors with open arms. Many security officials in uniform are actually ready to turn their backs on Maduro, she also said.

It’s not impossible, according to another diplomat in Caracas, who said the government’s actions could well be signaling that it also fears dissent in the uniformed ranks.

“The fact the government is sending out other security corps to integrate those already on the street indicates that they are suspicious of within their own ranks too,” the diplomat said.

‘They can do it again’

For many, this new wave of government muscle has a feeling of déjà-vu, as the country went through a similar cycle of expectations and repression in the summer after the presidential vote.

Nathaly’s teenage son was detained on August 2 as part of a widespread security crackdown on protests after the vote. He was held until December 20 when the government released hundreds of political prisoners in a gesture of leniency ahead of Christmas.

When she finally saw him walking out of jail, “it was like my soul came back to my body: every step we walked, I was feeling lighter,” Nathaly remembers.

“He did nothing wrong, he was just walking the streets… When he got out, he had lost 19 kilograms and from that moment I never lost sight of him… I’m just terrified if they did it once, they can do it again…” she said.

“Every mother in Venezuela holds the same fear: don’t take away our children,” she says.

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