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This week, the United States accused the RSF militia in Sudan’s brutal civil conflict of committing genocide.

It’s the second time in two decades that genocide has been declared in the northeast African nation, where thousands have died and millions are in the grip of a humanitarian crisis.

How did the country get here?

For 20 months, two of Sudan’s most powerful generals – Abdel Fattah al-Burhan, leader of the Sudanese Armed Forces (SAF), and Mohamed Hamdan Dagalo, also known as Hemedti, who heads the paramilitary Rapid Support Forces (RSF) – have viciously competed for territory in a country still reeling from the massacre of tens of thousands of people in the early 2000s and the displacement of millions more.

TOPSHOT - Sudan's top army general Abdel Fattah al-Burhan speaks during a press conference at the General Command of the Armed Forces in Khartoum on October 26, 2021. - Angry Sudanese stood their ground in street protests against a coup, as international condemnation of the military's takeover poured in ahead of a UN Security Council meeting. (Photo by Ashraf SHAZLY / AFP) (Photo by ASHRAF SHAZLY/AFP via Getty Images)
The RSF's Mohamed Hamdan Dagalo, also known as Hemedti, is seen in Khartoum in 2023.

The two men – former allies – jointly ousted President Omar al-Bashir from office in 2019. Together, they also contributed to another coup in 2021 when al-Burhan seized power from the country’s transitional government.

Today, Sudan is riven by conflict, with the RSF believed to be in control of much of the country’s western and central regions, including Darfur and parts of the capital Khartoum.

More than 11 million people have been internally displaced since the fighting erupted in April 2023, according to the United Nations, while millions more have fled Sudan.

Hunger is widespread and famine conditions are now present in several areas of the country, the UN has warned.

Who has been cited as responsible?

US Secretary of State Antony Blinken said Tuesday that Hemedti’s RSF and its allied Arab militias had perpetrated “direct attacks against civilians” including the systematic murder of “men and boys – even infants – on an ethnic basis.”

They also “deliberately targeted women and girls from certain ethnic groups for rape and other forms of brutal sexual violence,” Blinken said, adding that the same forces “targeted fleeing civilians, murdering innocent people escaping conflict, and prevented remaining civilians from accessing lifesaving supplies.”

“Based on this information, I have now concluded that members of the RSF and allied militias have committed genocide in Sudan,” he announced.

The RSF described the decision by the US as “unjust,” adding in a statement on its Telegram channel that “the State Department’s claim that the RSF committed genocide in Sudan is inaccurate.”

“The decision fails to specify the group against which the alleged genocide was committed or the location of the genocide … The decision vaguely refers to the Sudanese people, of whom RSF fighters and supporters are an integral part,” the RSF statement said.

The RSF has a history connected to ethnic-driven violence. The paramilitary group grew out of the Arab Janjaweed militia that oversaw the genocide of the early 2000s. That carnage left an estimated 300,000 people dead.

Since fighting erupted in mid-April 2023 between the RSF and the SAF, ethnically motivated killings have intensified, particularly in the western Darfur region. This mirrors the pattern of targeted killings that typified the first genocide.

West Darfur witnessed some of its worst ethnic-related killings in 2023, when hundreds of people from non-Arab ethnic groups were massacred by the RSF and forces linked to it. On Tuesday, the US imposed sanctions on their leader Hemedti, “for his role in systematic atrocities committed against the Sudanese people,” and sanctioned seven RSF-linked companies and one individual “for their roles in procuring weapons for the RSF.”

Are both warring factions complicit in abuses?

In September last year, a United Nations fact-finding mission accused both the SAF and the RSF of complicity in war crimes.

And in his statement, Blinken laid blame for abuses at the door of both parties. “The United States does not support either side of this war, and these actions against Hemedti and the RSF do not signify support or favor for the SAF,” he said. “Both belligerents bear responsibility for the violence and suffering in Sudan and lack the legitimacy to govern a future peaceful Sudan.”

In Darfur, she said, where she has worked for over 20 years, sexual violence has been “used as a tool of terror to force communities to submit to the RSF,” – a pattern seen in previous conflicts that has been replicated by the militia group, she claimed.

“It’s the same method and strategy,” she said of the alleged sexual crimes. “It’s also used for retaliation in their war against SAF and it has ethnic elements to it.”

Al-Karib said that between October and January, her organization had handled cases of at least 10 girls, some as young as 14, who took their own lives after being gang-raped by RSF militia men in Sudan’s Al Jazira state. This had followed the defection of an RSF commander in the area to SAF, she said.

“The RSF has been completely emboldened by impunity, a lack of accountability, and the fact that they were not seriously subjected to any sort of accountability,” she said, welcoming the US sanctions against Hemedti.

Civilians and aid agencies have also borne the brunt of frequent shelling and staged raids by the Sudanese army and the RSF – targeting civilian areas and causing multiple casualties.

Last month, more than 100 people were killed after bombs fell on a crowded market in North Darfur. In the same month, three staff members of the World Food Programme (WFP) were killed in an airstrike on the agency’s office in Blue Nile State, wrapping up “the deadliest year on record for aid workers in Sudan,” the UN said.

Dozens of airstrikes with multiple fatalities are reported daily by Sudanese media. A senior procurement official who led the SAF’s acquisition of arms was sanctioned by the US last October.

The RSF and the Sudanese military typically blame one each other for such attacks, with a recent statement from the RSF criticizing the US for overlooking “widespread atrocities committed by the SAF, including aerial bombardments that have claimed the lives of more than 4,000 civilians.”

What is the impact on civilians?

Before the deadly power tussle erupted between the SAF and the RSF, Sudan already ranked among the world’s poorest countries with decades of conflict hindering its economic growth.

Their war, now in its second year, has displaced more than 11 million people within Sudan, while some 3.2 million others have fled to neighboring countries, according to UN figures.

Some of those unable to flee are harbored in Darfur’s Zanzam camp, where famine was declared last month. The camp, home to around half a million displaced people, has also come under RSF bombardment.

Hunger in Darfur has sometimes forced people to eat “grass and peanut shells” to survive, the then WFP regional director for Eastern Africa, Michael Dunford, said last year, amid warnings by the UN that some 26 million Sudanese were facing acute hunger.

Food deliveries to Darfur resumed last August after a key border crossing was reopened by authorities for aid to enter Sudan. But in parts of Darfur, aid organizations are still impeded by restrictions and famine conditions area spreading to additional areas, a UN report said this week.

On Friday, humanitarian group Médecins Sans Frontières, or, Doctors Without Borders (MSF) said it was suspending activities at one of the last operating hospitals in the RSF-controlled south Khartoum, citing recurring attacks from armed fighters.

“The medical needs are overwhelming. Injuries are often horrific. Mass casualty incidents have become almost routine,” MSF’s Emergency Coordinator, Claire San Filippo said in a statement.

How has the world responded to the war?

The Sudanese conflict has been largely overshadowed by hostilities in other parts of the world such as in Ukraine and Gaza, International Monetary Fund chief Kristalina Georgieva said last year.

However, warring factions in the African nation have also defied global efforts to end the conflict.

Last month, Blinken told the UN Security Council that foreign actors were fueling the war in Sudan, but he did not name who they were.

“To the foreign sponsors sending drones, missiles, mercenaries – enough. To those profiting off the illicit oil and gold trade that fund this conflict – enough,” he said.

Sudan’s military government has frequently accused the United Arab Emirates of arming the RSF, but the Gulf nation denies this. The seven RSF-linked companies that were sanctioned by the US on Tuesday are all based in the UAE.

In November, Russia vetoed a UN Security Council resolution that called on Sudan’s warring factions to end the fighting, strengthen protections for civilians and allow the delivery of humanitarian aid. Sudan’s military-backed foreign ministry welcomed Russia’s action, saying the UN resolution undermined Sudan’s sovereignty.

Will the US genocide determination make a difference?

Nonetheless, it is “a form of justice because it recognizes victims’ grievances,” he said.

“It is a step towards peace and accountability by paving the way to hold actors responsible to account, not only perpetrators themselves but actors complicit in genocide,” added Ali, a legal adviser at the Canada-based Raoul Wallenberg Centre for Human Rights.

For activist Al-Karib, US sanctions against Hemedti and the declaration of genocide could be crucial in not only reining in his militia but also curbing the support he receives from foreign actors.

“We don’t think that the scale of these atrocities happening in Sudan and Darfur would have been this big without the support of the UAE to the RSF,” she said.

“So, we hope that the US decision to sanction Hemedti will send a strong message to the UAE to rethink its position and engage in a serious political process to end these atrocities and genocidal acts happening across the country.”

This post appeared first on cnn.com

The British royal family has historically played a vital role in strengthening ties between the United States and United Kingdom, keeping the so-called “special relationship” between the two countries alive.

And as Elon Musk, one of US President-elect Donald Trump’s closest allies, scraps with the UK’s government, some believe Britain could be making more use of one of its oldest diplomatic assets. Even this week, Prince Edward, Duke of Edinburgh, visited the US on behalf of the King to pay his respects to former President Jimmy Carter, who died aged 100 in December.

It could therefore be of some comfort to British Prime Minister Keir Starmer, who is keen to build trust with the Trump administration, that the incoming president has a soft spot for the clan, particularly the late Queen Elizabeth II.

In 2019, following his last state visit to the UK, Trump delivered a flurry of compliments directed at members of the family. “I have such a great relationship, and we were laughing and having fun,” Trump told Fox News just after the trip to London, when he met the late Queen.

Trump particularly admires the family’s celebrity and the way they represent a more traditional social authority, according to Ed Owens, a royal historian and author of “After Elizabeth: Can the Monarchy Save Itself?”

More recently, Trump made equally flattering comments about the heir to the British throne, Prince William, whom he met in Paris at the reopening of Notre Dame Cathedral in December. “He’s doing a fantastic job,” Trump said of William, calling him a “good man.”

“I had a great talk with the prince,” Trump later told The New York Post. “He’s a good-looking guy… He looked really very handsome last night. Some people look better in person. He looked great. He looked really nice, and I told him that.”

‘The UK can use the royals strategically’

Trump’s gushing remarks about William – although perhaps not the most typical display of diplomacy – will be welcomed by those concerned about the future of UK-US relations, particularly as prominent figures in the governing Labour party have previously hit out against the divisive incoming president.

“Keir Starmer and Donald Trump don’t see eye to eye on everything, or at least they’re not going to see eye to eye on everything,” Owens said, adding that the royals “can, in a way, distract from that fact.”

“The fact that (Trump) is deferential to the British royal family, impressed by them, I think that bodes well for the UK, if the UK can use the royals strategically,” he said.

Royal commentator and author Sally Bedell Smith agreed that the family can “conceivably play a role in softening the atmosphere, which is pretty tense right now.”

This “soft power” influence is nothing new. Generations of royals have been helping to keep the bond between the UK and US tight.

Famously, in the early 1960s, as the youthful John F. Kennedy came into power, the royal family helped the UK to strengthen its links with this “new, dynamic, exciting America” at a time when Britain felt like a “slightly outdated place,” Owens added.

However, in the modern age there is little doubt that Trump and key members of the royal clan will not agree on everything, notably the need to take action to tackle climate change.

Both Prince William and his father, King Charles III, have been vocal advocates for climate action. Meanwhile, Trump successfully campaigned on a three-word energy policy – “Drill, baby, drill” – and recently said that he wants a policy where no windmills are being built across the country.

These strong views will not stop the royals speaking out about issues they believe in, Owens said, but there is a limit to their influence. “I don’t imagine that the King is going to give up, he’s going to continue to emphasize the importance of (climate action),” he said.

“But he will do so delicately. He knows that he has no serious role to play in American politics,” Owens added.

While the British royals may have no official role in US politics, the soft power they yield will help to smooth a potentially bumpy road between Washington and London, and is a vital part of the UK government’s strategy for ensuring the bonds between the two countries remain strong.

This post appeared first on cnn.com

In the capital of Transnistria, a self-declared microstate sandwiched between Moldova and Ukraine, the festive New Year’s lights have gone dark ahead of schedule. This separatist sliver of Moldova will run out of energy in three weeks, the head of its Russia-backed government has said.

Once proud, go-it-alone and richer than their neighbors in Moldova proper, Transnistrians are now burning wood to keep warm through hours-long blackouts as winter bites.

The crunch began when Moscow stopped pumping natural gas through pipelines in Ukraine to Europe. Transnistrian officials have declared a state of emergency. They say their region is facing “not only an energy crisis, but a humanitarian one.” Analysts say this understates the problem, which has raised questions about the future of the de facto state.

Here’s what you need to know.

How did the crisis start?

For years, Russian gas flowed through Ukraine to Moldova and elsewhere in Europe. The last transit agreement with Kyiv, signed before Russia’s full-scale invasion of Ukraine in 2022, was due to expire on January 1. Ukraine said for months it would not renew the agreement – and made good on its promise.

Some countries prepared for this. Austria said it did its “homework” and now sources gas elsewhere. Hungary and Slovakia have also found alternative, much costlier, supplies.

Transnistria did not. After splitting from Moldova in 1990 as the Soviet Union crumbled, Transnistria has relied entirely on Russian gas – delivered through Ukraine’s pipelines, mostly free of charge – to keep the lights on.

That’s over. With Russia unwilling to send gas via other routes, Transnistria is going dark.

How has Transnistria been affected?

Home to more than 300,000 people – mostly Russian speakers – Transnistria celebrated Orthodox Christmas on Tuesday. The usually festive occasion was interrupted by the region’s self-proclaimed government announcing daily eight-hour power outages.

The government said it took the decision after electricity consumption had jumped fourfold in recent days. With no gas to keep homes warm, residents had turned to electric heaters – putting huge strain on the region’s creaking power grid.

“The system created during the Soviet period… is not coping,” President Vadim Krasnoselsky said at a meeting of the region’s energy council on Monday. He urged residents to use electric heating “selectively.”

Videos posted online show a glimpse of how residents are coping. Transnistrians are cooking meals on electric mini-stoves and burning firewood and coal to heat their homes. Hot water is now supplied on a strict schedule, causing some to boil water in kettles and take showers using buckets.

Some alternative heating methods have proved hazardous. Orthodox Christmas was marked by two cases of carbon monoxide poisoning, one of them fatal.

On Tuesday, a family of four in the city of Bendery, including a 7-year-old child, fell ill due to fumes from a gas water heater. They were treated and released in a stable condition. The following night in the capital, Tiraspol, a woman died while showering in a poorly-ventilated apartment where a chimneyless gas water heater was in use, according to the region’s Ministry of Internal Affairs.

Unable to keep classrooms warm, schools and colleges have extended the winter vacation until January 20, far later than scheduled. Many kindergartens have not reopened after the holidays. The ones that have are burning firewood for heating.

Sergey Obolonik, minister for economic development, said Wednesday that the region’s gas reserves will last for another 24 days.

Has Moldova also been hit?

Yes, but not as badly. Before Russia’s invasion of Ukraine, Moldova was almost entirely reliant on Russian gas. But a few months into the war, Russia’s energy giant Gazprom sharply cut gas supplies to the country and hiked its prices, citing unpaid debts.

Moldovan officials were perplexed – and some cried foul, describing the move as an attempt to “blackmail” the country for a pivot towards the West. With winter approaching, Moldova swiftly arranged energy supplies from Europe.

Despite ending gas purchases from Russia, it still bought large amounts of its energy from Transnistria, which uses Russian gas to generate electricity at the Cuciurgan power plant.

Now Russian gas supplies have been cut off, that plant is producing vastly less energy. Moldova has had to buy from emergency European markets – mostly via Romania – at nearly twice the price.

Further costs are on the horizon, too. Moldova’s government in Chisinau, led by the recently re-elected pro-Western President Maia Sandu, has said it will provide support to residents fleeing from the freezing temperatures and energy shortages in Transnistria.

Will Transnistria accept help from Chisinau?

Chisinau has offered to sell gas and energy to Transnistria, although officials in Tiraspol show little sign of accepting the offer.

The main reason is economic. Unlike Moscow, Chisinau is not proposing to send gas for free. After 30 years of abundant, low-cost energy, Transnistrians would now have to pay the same rate as those in Moldova proper.

Another reason is political. After decades of proclaiming its independence from Moldova, to be seen accepting “help” from it would be akin to admitting failure.

Instead, Tiraspol is attempting to pin the crisis on Chisinau. Krasnoselsky has accused Moldova of trying to “strangle” the region and force it to renounce its claims to statehood.

What’s Russia’s role?

Russia could provide gas to Transnistria but is choosing not to. Although it can no longer transit gas through Ukraine, other pipelines are available under the Black Sea via Turkey, albeit at a higher cost than before.

Kremlin spokesman Dmitry Peskov said on Thursday that the situation is “critical,” but added that “the decisions of Ukraine and the Moldovan authorities” had “deprived” Transnistria of natural gas.

Peskov said some European countries, including Slovakia, still wanted Russia’s “more competitive” supplies. He also criticized the United States for profiting from the crisis, saying it had boosted its costlier gas exports to Europe.

Russia may also stand to gain from declining to end the energy crisis in Transnistria – whose people it claims to support.

Russia has long worked to destabilize Moldova, most recently in its presidential election in October, which was framed as a choice between Moscow and the West.

Although Sandu clung on in October, Moldova has parliamentary elections later this year. The crisis in Transnistria – which could prompt thousands of residents to flee across the border – provides Russia with an opportunity to sow more chaos in Moldova, Popescu warned.

“Russia doesn’t care much about residents in Transnistria. It has the goal of destabilizing the Moldovan economy, political system and social fabric. It doesn’t care about Transnistrians freezing in winter,” he said.

Why did Ukraine not renew the gas transit agreement?

Ukraine was widely expected to let the agreement lapse, sensing an opportunity to inflict costs on Russia and its allies.

After Russian gas stopped flowing through Ukraine, President Volodymyr Zelensky called the move “one of Moscow’s greatest defeats.” He accused the Kremlin of using energy as a “weapon” with which to blackmail its partners.

Although Ukraine now faces a loss of some $800 million a year in transit fees from Russia, Gazprom stands to lose far more, at up to $5 billion a year in sales, according to Reuters.

Russian officials have responded furiously to the move. Russia’s Embassy in Moldova said Kyiv had “cynically” stopped the flow of gas to “condemn the population of Transnistria to suffering.” Foreign Ministry spokesperson Maria Zakharova called the decision “bullying and neo-Nazism.”

Pistrinciuc, director of the ISI think tank, said he hoped these narratives did not take hold among Transnistrians. He said the crisis might make some confront what he described as the reality of their situation: “It’s a very isolated region… We hope that they see the impotence of this type of unrecognized state.”

This post appeared first on cnn.com

Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and ESPN+.

That number includes 112 million users domestically and is an average per month over the last six months.

While traditional TV outlets have a standard way of measuring ratings and viewership, there is still no industry standard methodology for measuring global streaming advertising audience size.

The company said that its Disney Advertising unit has “set out to define a globally consistent approach and methodology to estimate ad-supported audience numbers.” It’s providing the update and further insight into its ad-supported streaming business during the annual CES tech conference in Las Vegas, a go-to event for the advertising and media industry.

“Disney sits at the intersection of world class sports and entertainment content, with the most high-value audiences in ad-supported global streaming at scale,” said Rita Ferro, Disney’s president of global advertising, in a news release. “We wanted to be the first to offer our industry greater transparency into the methodology used to estimate our engaged global ad-supported monthly active users.”

In explaining the methodology, the company said the metric is derived from active accounts across Disney’s three streaming services that have viewed ad-supported shows and movies continuously for more than 10 seconds. “Each active account is then multiplied by the number of estimated users per account … to estimate the total number of users,” it said. The estimated active users are added across the apps without de-duplication, meaning users who subscribe to more than one of the platforms could be counted more than once.

Media companies have become particularly focused on generating profits from their streaming businesses, and advertising has become a key way to do that. While many platforms were initially subscription services without commercials, streaming platforms in recent years have introduced cheaper, ad-supported tiers for consumers.

Disney CEO Bob Iger has said that the company is trying to steer its customers toward its ad-supported tiers. The company has raised prices on commercial-free options since launching Disney+ with ads in late 2022.

Disney’s Hulu was one of the first streaming platforms to offer an ad-supported option. More recently, Disney+ introduced an ad-supported tier.

In November, Disney said it had 122.7 million Disney+ Core subscribers, which excludes Disney+ Hotstar in India and other countries in the region. Hulu had 52 million subscribers, while ESPN+ had 25.6 million paid subscribers.

The company historically hasn’t reported exactly how many subscribers on each platform pay for the ad-supported option, but executives in the earnings call in November said more than half of new U.S. Disney+ subscribers were choosing the cheaper, ad-supported tier, adding this “bodes well for the future.”

Disney noted during the call that average revenue per user for domestic Disney+ customers dropped from $7.74 to $7.70, due to a higher mix of customers on its cheaper, ad-supported tier and wholesale offerings. 

Executives also said in November that they were confident streaming would “be a significant growth area” for the company.

At the time, the company reported that its combined streaming business, which includes Disney+, Hulu and ESPN+, posted operating income of $321 million for the September period compared with a loss of $387 million during the same period the year prior.

Disney will report its fiscal first-quarter earnings on Feb. 5 before the bell.

This post appeared first on NBC NEWS

The United States should increase and promote both official and unofficial contacts with Taiwan’s government and the Taiwanese military during President-elect Donald Trump’s second term, regardless of the inevitable Beijing response of ‘anger’ and ‘hurt feelings,’ analysts say. 

Exchanges between U.S. officials, scholars, as well as members of think tanks, foundations, and institutes, will be crucial for accurate information to be relayed to both the American and Taiwanese public and their respective governments, say experts.

On Thursday, a delegation from the Ronald Reagan Presidential Foundation and Institute met with Taiwan President William Lai, Vice President Bi-khim Hsiao and Foreign Minister Lin Chia-lung. 

‘We deeply appreciate the bipartisan support from our American friends and welcome delegations from the U.S. and like-minded nations,’ Lin told Fox News Digital in exclusive comments. 

The foreign minister added, ‘These visits demonstrate concrete support for Taiwan and contribute to peace and stability in the Taiwan Strait, essential for global security and prosperity.’ 

Speaking from Taipei, David Trulio, president and CEO of the Ronald Reagan Presidential Foundation and Institute, told Fox News Digital, ‘We met with the President, Vice President, Foreign Minister, and other government leaders to advance President Reagan’s legacy and our shared values of freedom and democracy, economic opportunity, and peace through strength.’ 

Describing Taiwan as ‘a vibrant democracy and key economic partner of the United States,’ Trulio added that visits to Taiwan – by U.S. civil society groups, foundations, think tanks, and official U.S. government officers – serve as ‘valuable opportunities to maintain relationships with Taiwan’s leaders, address challenges and opportunities, and visibly promote shared values.’ 

The Reagan Foundation, comprised of national security and business leaders, met with representatives from all three of Taiwan’s main political parties, as well as top Taiwanese government officials, during a weeklong visit to Taiwan, a self-ruled island that has never been governed by Communist China. Beijing claims Taiwan as its territory and never misses a chance to make bombastic statements against what it calls ‘secessionist forces.’ 

Chinese President Xi Jinping’s 2024 New Year’s address included claims that ‘reunification’ was a ‘historical inevitability,’ despite the two sides being separately ruled for more than 70 years. Beijing has refused to pledge to seek only peaceful options for ‘unity’ and says it reserves the option of using military force.

While Foreign Minister Lin did not directly reference pre-U.S. election comments by then-Republican candidate Trump that ‘Taiwan should pay us for defense,’ he did not sidestep the issue. In comments to Fox News Digital, Lin said, ‘Taiwan has increased its defense spending by over 80% since 2016, reaching US$20 billion U.S. dollars in 2024. In 2025, if the special budget for military procurement is included, Taiwan’s total military spending is expected to account for 20% of the central government’s annual budget—higher than that of the U.S.’

This is the Reagan Foundation’s second time leading a delegation to Taiwan in as many years. A recent poll conducted by the foundation showed roughly 70-75% of Americans – Democrats and Republicans alike – would support strong measures should China make the ill-advised choice to use military force against Taiwan. For example, a significant majority agreed that should there be an attack, the U.S. should immediately recognize Taiwan as a sovereign nation. 

The current reality is that China faces significant domestic challenges and is not in a position of strength. In 2022, despite threats of ‘dire consequences,’ then-Speaker of the House Nancy Pelosi visited Taiwan, and the Chinese response was hardly ‘dire.’ The following year, after Republicans took control of the House, the then President Tsai Ing-wen met with then-Speaker of the House Kevin McCarthy during a stop in California, a historic first meeting between a Taiwanese president and a U.S. House speaker on U.S. soil. 

China responded with three days of war games and a simulated blockade of the island, but those exercises and maneuvers demonstrated no new capabilities that the U.S. or Taiwanese defense departments were not aware of already. Speaking after meeting with McCarthy in 2023, President Tsai told the media, ‘To preserve peace, we must be strong,’ clearly paraphrasing former President Ronald Reagan. 

‘China can and will huff and puff over visits, especially ones involving in-office U.S. government personnel,’ Liam Keen told Fox News Digital via email. ‘But we cannot allow the theatrics of mock blockades and firing rockets into the sea to in any way deter closer U.S.-Taiwan exchanges.’ Keen, who is part of the U.S.-based NGO Formosan Association for Public Affairs, noted his organization strongly supported and was instrumental in helping the Taiwan Travel Act get passed in Congress and signed into law by then-President Donald Trump in 2018. 

The Taiwan Travel Act – which China predictably harshly criticized – removed many previous restrictions on travel to Taiwan by U.S. officials. Keen noted that ‘The act passed unanimously in the U.S. Senate. I think China calling it a ‘red line’ only emboldened sponsors of the law such as Sen. Marco Rubio, R-Fla., and [former] Rep. Steve Chabot, R-Ohio., which is exactly the right way to respond to bullying by the Chinese Communist Part.’

Foreign Minister Lin told Fox News Digital that Taiwan’s government looked forward to working with the new U.S. administration. ‘Strengthening economic partnerships is also crucial,’ he said. ‘Taiwanese businesses, such as TSMC with its $65 billion investment in Arizona, are increasingly investing in the U.S.’ Lin noted that Taiwanese President Lai has emphasized the importance of Taiwan’s global role, with Lin quoting Lai as saying, ‘The more secure Taiwan is, the more secure the world will be.’ 

War between the U.S. and China over Taiwan would be catastrophic for both superpowers and the globe. Aside from horrific human losses, Bloomberg Economics estimated in 2024 that the ‘price tag’ of such a war could be around $10 trillion; 10% of global GDP – ‘dwarfing the blow from the war in Ukraine, COVID pandemic and global financial crisis.’ Increased contact between the United States and Taiwan to build trust, and transmit accurate, bias-free information is a major key to ensuring such a conflict never happens. 

This post appeared first on FOX NEWS

President-elect Donald Trump’s victory in November’s election has given hope to Brazil’s former leader Jair Bolsonaro, who is currently barred from running for public office until 2030 due to a ruling by Brazil’s Superior Electoral Court. 

Known as the ‘Trump of the Tropics,’ the court decision stemmed from his alleged abuse of power and ‘unfounded attacks on the country’s electronic voting system.’

Despite the prohibition, Bolsonaro and his supporters are actively seeking avenues to overturn the ruling. The expected legal challenges and political strategies pin a lot of hope on Trump. Furthermore, Bolsonaro is counting on the president-elect to exert pressure on the government of Brazilian President Luiz Inácio Lula da Silva (Lula) so he can challenge for the presidency in 2026.

‘Trump’s victory goes far beyond being positive for democracy in Brazil and the world; it is good news for global peace,’ Bolsonaro’s son, Congressman Eduardo Bolsonaro, told Fox News Digital. 

He noted how ‘President Lula, days before the election, had expressed support for Kamala Harris and suggested that a new Trump administration would be ‘Nazism in another form.’ However, after Trump’s victory, Lula congratulated the president-elect and tried to downplay his earlier, widely criticized statement.’

Nonetheless, key Lula allies, including the leader of the Workers Party, Gleisi Hoffmann, along with Finance Minister Fernando Haddad and Agriculture Minister Paulo Teixeira, have lambasted the incoming Trump administration.

Bolsonaro believes Trump’s victory will put the present government in a bind.

‘Lula and his team know they will not be able to control Trump, so their only option is to try to destroy him by aligning themselves even further with China. The result is the continued political polarization and debates far removed from the true concerns of the population, which seeks solutions for issues like healthcare, education, security, employment, and basic sanitation. This disconnect from ordinary citizens strongly resembles the reasons behind the Democratic Party’s defeat in the last American election – it’s almost a ‘déjà vu.’’

Lula and BRICS countries have discussed ways to combat the dominance of the dollar in global financial markets, but Bolsonaro argues that such a strategy will be counter-productive. 

‘Trump announced on his social media that countries adopting this stance would face a 100% tariff on their exports to the U.S. Such a conflict never occurred during Jair Bolsonaro’s presidency, whether under Trump or Biden,’ he said, adding, ‘This situation will create significant pressure on Lula’s business base. A large portion of these entrepreneurs maintain substantial trade relations with the U.S. and are often the largest donors to the socialist’s electoral campaigns. Despite ideological alignment in some areas, these businesspeople prioritize economic pragmatism.’

The BRICS countries include Brazil, Russia, India, China and South Africa.

Bolsonaro also views the Bolsonaro/Trump ideological alignment on freedom of speech issues as a key component to a potential return of Bolsonaro to the political realm.

In March 2022, Minister of the Supreme Federal Court of Brazil Alexandre de Moraes ordered the suspension of the messasging app Telegram in Brazil, and in 2024, he ordered X to block accounts allegedly spreading false information. Elon Musk publicly criticized these orders as censorship. The dispute escalated when de Moraes imposed fines and threatened legal action, leading to a temporary suspension of X’s operations in Brazil. The platform resumed services after complying with court mandates. 

The last opinion polls conducted in May 2024 indicated that Bolsonaro would secure 39% of the vote in a hypothetical matchup against current President Luiz Inácio Lula da Silva, who polled at 47%. However, experts consider these figures to be hypothetical, given Bolsonaro’s current ineligibility. At the same time, Bolsonaro’s popularity has been rising again in recent months. 

The relationship between some Republicans and Lula’s administration has been characterized by limited direct engagement, primarily due to differing ideological stances and policy priorities. Historically, the Republican Party has maintained closer ties with right-leaning Brazilian leaders, notably President Bolsonaro, who shared similar conservative viewpoints.

Political analyst Sandra Bronzina told Fox News Digital, ‘Not long ago Congresswoman María Elvira Salazar sponsored a measure to deny visas to members of the Brazilian Supreme Court for abuse of power. At the time, the measure was not approved, but now that the Republicans will have a majority, it could be revisited. We cannot forget that Minister Alexandre de Moraes, of the Brazilian Supreme Court, was in direct confrontation with Elon Musk, even removing X from Brazil. It turns out that now Elon Musk will be part of the Trump government.’

Bronzina said, ‘The fact that Trump has returned with a resounding electoral win does not bode well for the Lula administration. In a very short time, Lula’s economic policies have been a disaster, the dollar has risen a lot, inflation has increased, the country’s debt already exceeds 9 trillion reals, and all of this impacts the voter daily. I think that just like in the U.S., where bad economic policies made them miss Trump, the Brazilians right now are also missing Bolsonaro and his Economy Minister, Paulo Guedes.’

Analysts consider that while Bolsonaro enjoys a significant support base and is actively seeking to overturn his political ban, his chances of being re-elected president remain uncertain due to existing legal constraints.

‘The Supreme Court disqualified Jair Bolsonaro in a very unfair decision…but the right will be strengthened now since Donald Trump’s victory gave the right in Brazil new hope in 2026. The 2024 elections were favorable for right-wing candidates. Lula’s popularity is also very low, which means that in 2026 the right’s options are enormous’, Congressman Marcel van Hattem told Fox News Digital.

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Garth Brooks and Trisha Yearwood paid their respects to former President Carter and honored their friendship with the American leader Thursday.

Brooks and Yearwood dressed in all black while singing John Lennon’s ‘Imagine’ at the end of Carter’s funeral at Washington National Cathedral Jan. 9. The couple maintained a friendship with the former president throughout the years.

‘President Carter, the legacy you and Rosalynn have left us is as beautiful as the life you lived,’ Brooks said in a statement shared shortly after Carter’s death. 

‘Thank you for your lifetime of service to our country and the world. You inspired us not just by what you said, but by what you built. We love you.’

The former president had reportedly requested that Brooks and Yearwood perform the song at the funeral. Fox News Digital reached out to the Carter Center for comment.

Brooks and Yearwood performed the same duet at Rosalynn Carter’s funeral in November 2023. Rosalynn’s service was held at Emory University’s Glenn Memorial Church in Atlanta. The couple dressed in all black for the somber occasion.

At the time, Brooks spoke highly of Rosalynn and shared how close the former first lady and his wife had become over the years.

‘They were inseparable,’ he explained at a press conference, according to ‘Today.’ ‘Miss Yearwood called her ‘quiet warrior.”

He shared his own admiration for Carter’s wife, telling reporters, ‘If you ever got to hang around her, President Carter always steals the show, and then when it comes time for her to speak, she’ll walk to the mic. What she says is very quiet but yet very powerful.’

Brooks and Yearwood met the Carters working for Habitat for Humanity. The former president and his wife first began working with the charity in 1984. The couple led a renovation project on a 19-unit apartment building in New York City.

The country music stars became involved with Habitat for Humanity years later, after Hurricane Katrina left destruction in New Orleans.

‘After Katrina in ’07, we fell in love with Habitat for Humanity. We knew we loved the Carters, and we fell more in love with them just getting a chance to work alongside them,’ Yearwood told People magazine in 2023. ‘We love what Habitat for Humanity is about — spreading love. It is about creating community.

‘To whom much is given, much is expected,’ she added. ‘We’ll never fill their shoes, but we’re doing the best we can.’

Brooks and Yearwood were also ‘inspired’ by Carter and Rosalynn’s 77-year marriage.

‘They’ve inspired us in a lot of ways, in the ways you expect — humanity, humbleness, work ethic. But they’ve also inspired us by their example as husband and wife,’ Brooks told People in 2023.

‘We worked beside them for the last 15 years, and you notice right away they bicker back and forth about the right way to do things. That kind of works for us too!’

In 2019, Brooks and Yearwood performed at the Grand Ole Opry with Carter as part of a Habitat for Humanity project. Carter and his wife were in Nashville to build houses with the organization.

‘We get more out of Habitat than we’ve ever put into it,’ the former president said during the closing ceremony at the Opry, according to Opry.com. It was one of Carter’s last visits to the legendary Ryman Auditorium.

Carter wasn’t only close with Brooks and Yearwood. The former leader of the United States had a handful of celebrity confidants. He spent time with Bob Dylan, Willie Nelson, Greg Allman, Johnny Cash and Jimmy Buffett, to name a few.

‘They’ve inspired us in a lot of ways, in the ways you expect — humanity, humbleness, work ethic. But they’ve also inspired us by their example as husband and wife.’

— Garth Brooks

Brooks and Yearwood recently attended the 2024 Jimmy and Rosalynn Carter Work Week Project to celebrate Carter’s 100th birthday in St. Paul, Minnesota. Habitat for Humanity hosted the week-long event, which focused on building houses and raising awareness for affordable housing.

‘He definitely wants to know that we’re working, and this is why we’re here. He has a legacy of service, and he never stopped serving,’ Yearwood told People magazine in October. 

‘He’s not physically standing here building, swinging a hammer. But we feel his presence and Ms. Rosalynn’s presence strongly. We’re just two volunteers, but everybody who’s on this site feels that responsibility to make them proud.’

Carter entered hospice care in February 2023 and died Dec. 29, 2024.

The former president died surrounded by his family roughly 22 months after entering hospice care at his home in Georgia. Carter battled metastatic melanoma in 2015. His skin cancer was treated with surgery, radiation and immunotherapy at the age of 90.

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Canada’s main stock index gained on Wednesday (January 8), driven by strength in tech and mining stocks.

Investors continue to weigh the impact of potential US trade policy changes under President-elect Donald Trump, as well as his renewed interest in taking ownership of Greenland, an idea he first raised in 2019.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) closed at 25,049.66, recovering from two consecutive sessions of losses following Justin Trudeau’s resignation as Canadian prime minister on Monday (January 6).

According to CNN, Trump is reportedly considering declaring a national economic emergency so that he can impose widespread tariffs under the International Emergency Economic Powers Act (IEEPA).

The tech sector led gains in Canada, rising 1.8 percent after sharp losses earlier in the week. Mining stocks also supported the index, with the materials group adding 1.7 percent as gold and copper prices strengthened. The sector’s performance was bolstered by expectations that a weaker US dollar could make commodities more attractive globally.

On the other hand, some Canadian exporters and manufacturers remain cautious about the possible tariffs. Concerns have been raised about how universal tariffs might affect industries reliant on cross-border trade with the US.

Market watchers anticipate Trump turmoil

In the US, major indexes continued to rally, led by gains in large-cap tech stocks.

The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) both advanced on Wednesday, reflecting investor optimism despite speculation around Trump’s tariff plans.

The US dollar’s weakness, reversing its recent surge, was another key factor driving gains in equities.

Trump’s actions are drawing comparisons to his first term, when abrupt policy announcements frequently impacted global markets. In 2019, the president-elect invoked IEEPA to threaten tariffs on Mexican imports; however, the move was later withdrawn following a bilateral agreement on immigration measures.

Commodities prices broadly saw gains as the US dollar weakened. For its part, the Canadian dollar remained relatively steady, benefiting from higher commodities prices, but tempered by broader market caution.

Oil prices, however, remained under pressure, with concerns about global demand overshadowing temporary gains in other asset classes. Energy stocks in Canada showed mixed performances.

Trump’s renewed interest in Greenland

As mentioned, markets are also fluctuating in part due to Trump’s renewed interest in Greenland.

In addition to his comments, Donald Trump Jr.’s visit to Greenland this week, described as a personal trip, has drawn attention to the island’s strategic location and resources, including rare earths.

While both Greenland and Denmark have dismissed the possibility of a sale, US interest in Greenland continues to make headlines, particularly regarding its importance for defense and natural resource availability.

Greenland is an autonomous territory of Denmark, and the country’s foreign minister has said Greenland has the right to pursue independence if its residents choose; even so, he rejected the idea that it could become a US state.

The implications of these events were felt as far away as Australia, where shares of ASX-listed Energy Transition Minerals (ASX:ETM,OTC Pink:GDLNF) soared by 36 percent. The company, which owns the Kvanefjeld rare earths project in Southern Greenland, has positioned itself as a player in the global green energy transition.

Trump’s comments have added new momentum to discussions about Greenland’s resource potential, even as the territory remains firm on its stance that it is ‘not for sale.’

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

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Nova Minerals (ASX:NVA,NASDAQ:NVA) announced on Wednesday (January 8) that it has reached an agreement with Nebari Gold Fund 1 to eliminate its existing convertible debt facility.

The full outstanding balance of US$5.42 million will be converted into ordinary shares, priced at AU$0.25 each.

The deal follows Nova’s sale of its non-core investment in Snow Lake Resources (NASDAQ:LITM) for AU$10.85 million.

According to Nova, Nebari’s intent is to continue in its partner role, now as a supportive shareholder, as Nova works to unlock future value at the Alaska-based Estelle gold and critical minerals project.

“This conversion is a serious vote of confidence by Nebari, which brings us a step closer to realizing our vision which is to concurrently develop Estelle into a tier one gold asset and to help secure a US domestic supply chain for the strategically important mineral antimony,” said Nova CEO Christopher Gerteisen in a release.

After the conversion, Nova will retain all the proceeds of the Snow Lake sale for the development of Estelle. The company said that after the exercise of NASDAQ warrants over the last few ays its cash position stands at AU$16 million.

‘Establishing a domestic source of the critical mineral antimony is more important than ever, and we stand ready to responsibly produce critical resources here at home and help strengthen America’s national and economic security,’ Nova said.

Gerteisen added that the company will continue to work with Nebari in the operational phase of Estelle.

The conversion is set to happen on January 13.

West Red Lake, Lion One working with Nebari

Nebari has also been involved in other transactions over the past few weeks.

Canadian company West Red Lake Gold Mines (TSXV:WRLG,OTCQB:WRLGF) announced on January 2 that it has entered into a completed credit agreement with Nebari to borrow up to US$35 million.

The companies first entered into a non-binding term sheet in October 2024.

In addition, gold producer Lion One Metals (TSXV:LIO,OTCQX:LOMLF) entered into an agreement with Nebari to amend certain terms and draw down a further US$4 million of its senior secured financing facility.

The agreement was announced on December 2, 2024, along with the company’s updated financial results.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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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.

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