America

TOP NEWS

France opens probe into suspected attack on Bank of America in Paris | Banks News

Mar 28, 2026 News Desk

Interior minister says ‘vigilance at high level’, after police arrest suspect before setting off explosive device outside US bank’s headquarters.

Published On 28 Mar 2026

French authorities have opened an investigation into a foiled ⁠attack targeting Bank of America’s Paris headquarters after police detained one suspect who was allegedly attempting to ignite an explosive device outside the building.

In a social media post on Saturday, Interior Minister Laurent Nunez said the swift intervention by police had “thwarted a violent terrorist attack” in the French capital the previous night.

Recommended Stories

list of 3 itemsend of list

French newspaper Le Parisien cited a police source as saying the suspect was arrested at about 3:25am local time (02:25 GMT) outside the bank’s local headquarters in the city’s 8th arrondissement as he tried to light a device consisting of a five-litre (1.3-gallon) container filled with an unidentified liquid and an explosive charge made up of about 650 grams (23 ounces) of powder.

The suspect was taken into custody, while a second individual who was present fled the scene and remains at large. The device was taken to the Paris police’s forensics lab for full analysis.

The National Terrorism Prosecution Office told the Reuters news agency the suspected offences included attempted destruction by fire or other dangerous means in connection with a “terrorist plot”, as well as ⁠the making, possession ⁠and transport of an incendiary or explosive device with intent ⁠to carry out dangerous damage.

The probe ⁠also includes a ⁠charge of participation in a “terrorist” criminal association, covering potential ‌links to accomplices or a broader network, it said.

“Vigilance remains at a very high level,” said Nunez on X, thanking “security and intelligence forces, who are fully mobilised under my authority” in what he called the “current international context”, seemingly with reference to the escalating situation in parts of the Middle East amid the US-Israeli war on Iran.

Earlier in the week, Nunez had said that authorities had stepped up the personal protection of some figures from the Iranian opposition and increased security around sites that risked being targeted, including sites linked to US interests and to the Jewish community.

A spokesperson for Bank of America told Reuters the organisation was “aware of the situation” and “communicating with the authorities”.

Source link

MONEY

Latin America At A Turning Point

Mar 24, 2026 Finance Desk

Analysts expect continued slow growth this year, with inflation moderating. But the region’s biggest economies present a mixed outlook.

The US operation to capture and oust Venezuelan President Nicolás Maduro from power in January put Latin America back in the spotlight. But the surprise intervention has not yet translated into larger political or economic shifts in the region.

Instead, a familiar, business-as-usual outlook appears to be trending: modest growth; economies linked to external demands for commodities; and persistent structural vulnerabilities tied to public debt, infrastructure, and diminishing but persistent legal and political risk. The silver linings: stabilizing macro indicators and a broad trend toward moderating inflationary pressure. The key question is: Which way will the region head?

Sustainable growth and development remain elusive. Upcoming electoral contests in Brazil, Colombia, and Peru add to the backdrop of geopolitical realignment, along with US tariffs and the evolving roles of the US, China, and Europe in the region. Cautious optimism related to economic indicators and innovation remains overshadowed by structural fragility.

The baseline expectation is continuity rather than acceleration, with growth projections by the International Monetary Fund and the World Bank converging toward a 2.2%-2.3% average, respectively—positive, but not transformative.

Patricia Krause, chief Latin America economist at Coface, a French trade-credit insurance company, expects regional GDP to grow at 2.3% this year. The figure matches forecasts by the UN Economic Commission for Latin America and the Caribbean and is slightly more optimistic than those announced by Goldman Sachs (1.9%) and Fitch Solutions’ BMI (1.7%).

“We see a more challenging economic environment for the region,” says Ash Khayami, senior country-risk analys for Latin America Country Risk at BMI, “although growth is broadly in line with prepandemic run rates, going from 2.1% in 2025 to 1.7% in 2026, mostly driven by weaker growth in Brazil and Mexico.”

Political volatility remains a central theme in Latin America, and BMI expects a shift toward more conservative or right-of-center governments across the region. “We see a broad turn to right-wing governments in most elections we cover,” says Khayami. “More-conservative governments with stronger fiscal discipline should boost investor sentiment domestically.”

According to a recent study by the Eurasia Group political-risk consultancy, while political volatility has long been considered Latin America’s defining risk, the character of that volatility is now increasingly episodic instead of ideologically linked. For financial markets, this is good, since episodic risk can be priced more easily than structural regime changes.

Perhaps the most underappreciated regional trend—and success story—is inflation normalization as major Latin economies are returning to or remaining within target ranges.

Regional commonalities are only part of the story. The economic outlook for major Latin American economies is varied.

Argentina

“Argentina is entering an investment-driven cycle supported by commodity exports and lower taxes, which underpins our positive outlook,” says Khayami. “The country risk is down 500 base points, the lowest since 2018. Still, the growth rate is slowing down from 4.3% to a consensus rate of approximately 3.2% this year.”

The Central Bank of the Argentine Republic’s hard-currency accumulation and narrowing country-risk spreads are major positives, he adds: “The central bank accumulating over $1 billion in January is a strong signal from an external-accounts perspective.”

Brazil

Brazil’s growth should slow slightly this year compared to last, says Krause, mainly due to still-elevated interest rates. The market expects the central bank’s Selic benchmark interest rate to begin declining: It’s still projected to end the year at 12.25%, down from its current 15%. Household consumption is expected to support growth, helped by labor market resilience, lower inflation, and tax relief measures. “Trade tensions with the US had some impact on Brazilian exports after tariff measures,” Krause observes, “but the effect was mitigated by exemptions and diversification toward other export markets, including Argentina, Canada, and India.”

The country remains a slow-growth anchor economy, according to Khayami’s analysis, saddled by fiscal rigidity and a high tax burden. But a contrary trend may be taking hold, where public spending gradually shrinks as a share of GDP through 2028.

Colombia

Colombia is currently the oddball among major Latin economies, according to BMI, with fiscal concerns and inflation being particular issues.

“As we move toward more conservative presidents, we expect stronger fiscal discipline and more probusiness policy stances to boost investor sentiment,” says Khayami. “Political risk—including relations with the US and also election dynamics—is a major macro driver.”

Colombia’s inflation risk is currently driven by domestic policy decisions rather than external factors, Krause argues. “Inflation was above the 3% target at 5.1% in 2025,” she observes. “The expectations worsened following a sharp minimum wage increase of 23% in December. As a result, [the inflation forecast] is revised upwards to 6.4% this year, and the country moved in the opposite direction of its regional peers by raising interest rates.”

Mexico

Mexico’s economy barely grew in 2025—estimated at between 0.2% and 0.6%—but is expected to expand about 1.5% this year. That affects perception across the region, Khayami observes.

“Mexico, because of its relationship with the US, is a pillar of regional foreign direct investment [FDI],” he says, “and there is a lot of uncertainty surrounding that relationship right now. FDI flows into Latin America last year were approximately $160 billion. Mexico captured 25% of that. If Mexico is not doing well, the regional outlook weakens.”

Khayami describes the local business environment as “uncertain due to overlapping risk factors, including trade-framework uncertainty, potential security escalation tied to cartel violence, and possible US intervention scenarios.”

Peru

Peru’s outlook reflects modest macro stability alongside persistent structural weaknesses, according to independent strategic consultant Andrés Castillo. GDP is expected to grow roughly 2.8% in 2026 with inflation near 2% according to a report by BCP banking group, in line with the central bank of Peru’s targets. Fiscal metrics remain comparatively strong, with the deficit projected near 1.8% of GDP and public debt around 36%, according to Trading Economics, low by regional standards.

But macro stability masks deeper structural risks, Castillo cautions. “Peru’s economy is supported by mining, agriculture, and fishing; but coca production and now illegal mining have also become significant economic forces,” he says. “Mining alone accounts for about 8.5% of GDP and nearly 64% of exports, underscoring commodity dependence.”

Venezuela

Venezuela remains Latin America’s elephant in the room.

Maduro’s ouster sparked hopes of regime change and a new economic lifeline for Venezuelans. Most analysts at the time expected Washington to immediately initiate a transition phase, opening the door to major oil and energy investments. But so far, only a trickle of those expectations are being realized. Oil production is expected to increase in the short term only if sanctions ease and investment resumes. Khayami says that the path to a more robust energy sector will be long.

Jorge Jraissati, a Venezuelan expatriate and president of Economy Inclusion Group, points to two possible scenarios for the country. In the bad-case scenario, reforms exist on paper but political uncertainty persists. In this case, oil recovers modestly but non-oil investment remains minimal, locking the economy into a suboptimal equilibrium, which can deteriorate even more after the next presidential cycle in the US.

“In the ‘good’ scenario,” Jraissati says, “US policy sustains pressure for measurable institutional democratization, market opening, and concrete security guarantees that reduce risk pricing. If these conditions are met, foreign capital—especially in energy and infrastructure—will begin to commit rather than speculate.”

Source link

POLITICS

Democratic Socialists of America won’t endorse in race for L.A. mayor

Mar 22, 2026 Politics Desk

The Los Angeles chapter of the Democratic Socialists of America will not endorse a candidate for mayor.

After City Councilmember Nithya Raman decided at the last minute to run against her former ally Mayor Karen Bass, the group called a vote on whether to reopen the endorsement process, which it had closed without supporting a candidate.

DSA-LA backed Raman’s two successful city council runs, but she has been at odds with the group on some issues.

Also in the mix was another mayoral candidate, community organizer Rae Huang, whose positions align more closely with those of the group.

The two candidates were present for Saturday’s vote at Immanuel Presbyterian Church in Koreatown, though neither spoke.

The left-wing organization, which has about 5,000 members, is known for running strong ground game campaigns that include canvassing, door-knocking and phone banking. In addition to Raman, three other DSA-backed politicians now sit on the 15-member City Council.

Before the vote, DSA-LA members argued for and against reopening the endorsement process.

“The worst thing we can do right now for our movement is to say, ‘Well, actually, we’re not going to endorse Rae or Nithya. We’re going to do a third thing, which is to issue no endorsement.’ Who is the audience for this message?” said Leslie Chang, a co-chair of DSA-LA.

DSA-LA member Anna Gross argued that neither candidate was ideal, with Huang, who has little political experience, being a long shot and Raman hesitating to fully embrace the group.

“I do want a democratic socialist mayor, but as it stands, we have one candidate who is not going to win … and a candidate who will not openly identify as a democratic socialist,” Gross said.

Of the 488 members who voted Saturday, about 55% supported reopening the endorsement process, falling short of the required two-thirds majority.

If the process had been reopened, the group would have then voted on whether to endorse Raman, Huang or neither.

Huang’s earlier attempt to get the endorsement while the window was still open had failed because she did not obtain enough valid member signatures to qualify.

If the race is not decided in the June 2 primary, DSA-LA can still endorse a candidate in the runoff.

Besides Bass, Raman and Huang, the field of 14 candidates includes conservative reality TV star Spencer Pratt and tech entrepreneur Adam Miller.

Some members believed that a mayoral endorsement would take resources away from the slate of six local candidates they have already endorsed.

In city council races, DSA-LA is backing incumbents Hugo Soto-Martínez and Eunisses Hernandez; Faizah Malik, who is running against incumbent Traci Park on the Westside; and Estuardo Mazariegos for an open South L.A. seat.

The group is also backing Marissa Roy, who is challenging City Atty. Hydee Feldstein Soto, and Rocío Rivas, an incumbent L.A. Unified school board member.

Source link

POLITICS

After judge rules Voice of America be revived, what’s next?

Mar 21, 2026 Politics Desk

NEW YORK — In a strongly worded decision this week, a federal judge ordered that the Voice of America — an international broadcaster with the mission to provide news for countries around the world that was largely shut down for the last year by the Trump administration — come roaring back to life.

Whether or not that actually happens is uncertain.

The government filed notice Thursday to appeal U.S. District Judge Royce C. Lamberth’s order two days earlier to put hundreds of VOA employees who have been on paid leave the last year back to work. Lamberth had ruled on March 7 that Kari Lake, President Trump’s choice to oversee the bureaucratic parent U.S. Agency for Global Media, didn’t have the authority to reduce VOA to a skeleton.

The Voice of America was established as a news source in World War II, beaming reports to many countries that had no tradition of a free press. Before Trump took office again last year, Voice of America was operating in 49 different languages, heard by an estimated 362 million people.

Trump’s team contended that government-run news sources, which also include Radio Free Europe/Radio Liberty, were an example of bloated government and that it wanted news reporting more favorable to the current administration. With a greatly reduced staff, VOA currently operates in Iran, Afghanistan, China, North Korea and in countries with a large population of Kurds.

Lamberth, in his decision, said Lake had “repeatedly thumbed her nose” at laws mandating VOA’s operation.

Time to turn the page at VOA?

VOA director Michael Abramowitz said legislators in both parties understand the need for a strong operation and have set aside enough funding for the job to be done. “It is time for all parties to come together and work to rebuild and strengthen the agency,” he said.

Don’t expect that to happen soon. “President Trump was elected to eliminate waste, fraud and abuse across the administration, including the Voice of America — and efforts to improve efficiency at USAGM have been a tremendous success,” said White House spokeswoman Anna Kelly. “This will not be the final say on the matter.”

Patsy Widakuswara, VOA’s White House bureau chief and a plaintiff in the lawsuit to bring it back, said that “restoring the physical infrastructure is going to take a lot of money and some time, but it can be done. What is more difficult is recovering from the trauma that our newsroom has gone through.”

It’s an open question whether the administration wants a real news organization or a mouthpiece, said David Ensor, a former Voice of America director between 2010 and 2014. “We don’t know — maybe no one does at the moment — what the future holds,” he said.

The administration’s efforts over the last year to bolster friendly outlets and fight coverage that displeases Trump offer a clue, even though Congress has required that Voice of America be an objective and unbiased news source. This week it was announced that Christopher Wallace, an executive at the far-right network Newsmax who had previously spent 15 years at Fox News Channel, will be the new deputy director at VOA. Abramowitz didn’t know he was getting a new deputy until it was announced.

Widakuswara wouldn’t comment on what Wallace’s appointment might mean. “I’m not going to pass judgment before seeing his work,” she said.

While Lamberth ordered more than a thousand employees on leave to go back to work, it’s not clear how many of them moved on to other jobs or retired in the last year. The judge also said he did not have the authority to bring back hundreds of independent contractors who were terminated.

One employee who left is Steve Herman, a former White House bureau chief and national correspondent at VOA and now executive director of the Jordan Center for Journalism Advocacy and Innovation at the University of Mississippi. Despite the court decisions, he questions whether the Trump administration would oversee a return to what the organization used to be.

“I’m a bit of a pessimist,” Herman said. “I think it’s going to be very difficult.”

An administration loath to admit defeat

Besides fighting to shut it down, Trump is loath to admit defeat. The White House recently nominated Sarah Rogers, the undersecretary of State for public diplomacy, to run the U.S. Agency for Global Media, putting it more firmly within the administration’s control. Her nomination requires Senate approval.

“Is Marco Rubio’s State Department going to allow objective journalism in 49 languages?” Herman asked. “I don’t think so. I would want that to happen, but that’s a fairy tale.”

In the budget bill passed in February, Congress set aside $200 million for Voice of America’s operation. While that represents about a 25% cut in the agency’s previous appropriation, it sent a bipartisan message of support, said Kate Neeper, VOA’s director of strategy and performance evaluation. Besides being a plaintiff with Widakuswara in the lawsuit to restore the agency, she has helped some of her colleagues deal with some of their own problems over the past year, including immigration issues.

“There is a lot of enthusiasm for going back to work,” she said. “People are eager to show up on Monday.”

The hunger for information from Voice of America in Iran when he was director was a clear example of what the organization meant, Ensor said. Surveys showed that between a quarter and a third of Iran’s households tuned in to VOA once a week, primarily on satellite television. Occasionally the government would crack down and confiscate satellite dishes, but Iranians could usually quickly find replacements, he said.

“I believe in Voice of America as a news organization and as a voice of America,” Ensor said. “It was important, and it can be again.”

Bauder writes for the Associated Press.

Source link

POLITICS

Inside Democratic Socialists of America’s decision on whether to endorse for L.A. mayor

Mar 21, 2026 Politics Desk

The same day she announced her surprise bid for mayor, Los Angeles City Councilmember Nithya Raman called a member of the local Democratic Socialists of America chapter.

She wanted to meet with the group’s leadership to explain her late-breaking decision to challenge Mayor Karen Bass, her longtime ally, which took just about everyone in the city by surprise.

Two days later, Raman gathered at her Silver Lake home with leaders of DSA-LA, which has endorsed her two runs for City Council but has been at odds with her on some issues.

Leslie Chang, a co-chair of the 5,000-member chapter, recalled Raman saying, “‘The media is going to paint me as a DSA candidate, and I have a relationship with you, and I’m interested in maintaining that relationship. So let’s talk.’”

DSA-LA, which had declined to endorse in the mayor’s race, will decide on Saturday whether to reopen its endorsement process.

Some members believe that a mayoral endorsement would take valuable phone-banking and door-knocking resources away from the slate of six local candidates they have already endorsed.

If the process moves forward, the question would then be whether to back Raman or Rae Huang, a housing activist viewed by some members as more aligned with socialist principles, while others see her as less electable. The group could also decide not to endorse either candidate.

A woman poses for a portrait in front of Los Angeles City Hall.

Leslie Chang, co-chair for the Los Angeles chapter of the Democratic Socialists of America, at a rally at Molina Grand Park in Los Angeles on March 18.

(Gina Ferazzi / Los Angeles Times)

Going to bat for a mayoral candidate would be the highest-profile drive the local organization has run in a city where its influence has expanded since it knocked on doors for Raman’s first council campaign in 2020. In addition to Raman, three other DSA-backed politicians now occupy seats on the 15-member City Council.

In New York, DSA member Zohran Mamdani was recently elected mayor on a platform of rent freezes and free city buses.

“It would be a major coup for DSA to have one of their candidates be elected mayor [of Los Angeles],” said Sara Sadhwani, a politics professor at Pomona College.

The Rev. Rae Huang

The Rev. Rae Huang, who is running for mayor of Los Angeles, joined the Fair Games Coalition to announce the launch of the Overpaid CEO Tax Initiative in front of the Tesla Diner in West Hollywood on Jan. 14.

(Genaro Molina / Los Angeles Times)

As a city council member, Raman has delivered several major wins celebrated by DSA members, including strengthening renter protections and passing the first reform to the city’s rent stabilization ordinance in decades.

But she has sometimes been out of step with the group, approving budgets that increased police spending and seeking to revise Measure ULA, also known as the city’s “mansion tax,” to offer a 15-year exemption to developers of multifamily and commercial projects.

Raman’s most visible split with DSA occurred over the Oct. 7, 2023, Hamas attack that killed more than 1,200 Israelis.

DSA released a statement saying “this was not unprovoked.” Raman called the statement “unacceptably devoid of empathy for communities in Israel.”

In early 2024, DSA censured Raman for seeking and accepting an endorsement from Democrats for Israel-Los Angeles, a liberal Zionist group, chiding her for “accepting support from [DSA’s] enemies.”

“Why are people wary of endorsing Nithya for mayor? A lot of people who were in leadership at the time are hesitant because of that situation,” said Noah Suarez-Sikes, a member of DSA-LA’s steering committee.

In a statement to The Times, Raman called herself an “independent leader.”

“While I share the DSA’s emphasis on uplifting the working class and those who have been left behind by the political establishment, I don’t always agree with my allies on how to accomplish our goals,” she said.

Some DSA members see Huang, who has little citywide name recognition or political experience, as more connected to the group’s platform than Raman. Huang has called for “Fast and Free Buses” as well as for more public input on the city budget.

Huang highlighted her support for keeping the “mansion tax” as is, also telling The Times that she would reduce the Police Department budget and the number of officers.

Raman has said she believes the Los Angeles Police Department should maintain its current staffing of around 8,700 sworn officers.

Konstantine Anthony, a DSA member and Burbank City Council member who gathered signatures to reopen the endorsement window, is supporting Huang.

“She is the exact candidate DSA across the country should be running for every seat,” he said.

Keshav Kundassery, a DSA member since 2019, supports Raman.

While he called Huang’s campaign for mayor “inspiring,” Kundassery said he does not think that she can get enough support.

“DSA should be in the business of running campaigns to win,” he said.

DSA-LA has already endorsed in four city council races, backing incumbents Hugo Soto-Martínez and Eunisses Hernandez; Faizah Malik, who is running against incumbent Traci Park on the Westside; and Estuardo Mazariegos for an open South L.A. seat.

The group is also backing Marissa Roy, who is challenging City Atty. Hydee Feldstein Soto, and Rocío Rivas, an incumbent L.A. Unified school board member.

“Any consideration we make now we will make understanding the balance of resources of our six candidates and a potential seventh,” said Chang, the DSA-LA co-chair.

Times staff writer David Zahniser contributed to this report.

Source link

POLITICS

Contributor: The U.S. desperately needs functional counterterrorism

Mar 18, 2026 Politics Desk

On Monday came the latest evidence of dysfunction within the Trump administration’s counterterrorism apparatus, when Joe Kent, the director of the National Counterterrorism Center, resigned, citing his opposition to the war in Iran. But the disarray is not new.

In July 2025, Sebastian Gorka, the senior director for counterterrorism on President Trump’s National Security Council, announced that he was “on the cusp of releasing the unclassified new presidential U.S. counterterrorism policy.” Yet eight months later, while America wages war on a notorious state sponsor of terrorism, the strategy has yet to be released.

Meanwhile, the Department of Homeland Security has not published a National Terrorism Advisory since September and has failed to issue the annual Homeland Threat Assessment report since Trump returned to office. This remains the case, even as counterterrorism experts have warned about the possibility of Iranian-backed sleeper cells being activated because of the current conflict with Iran.

Without a strategy that clearly lays out American priorities and responses, America’s counterterrorism defenses are divided, disorganized and under-resourced. It is this malfunction that left Trump answering a question about whether Americans should expect more violence in the homeland with an effective shoulder shrug: “I guess.”

The homegrown backlash to the Iran conflict began on March 1, when a naturalized U.S. citizen opened fire at a bar in Austin, Texas. The gunman, who was wearing clothing pointing to his support of Iran, killed three before being killed by police gunfire. On March 7, two Islamic State-inspired teens hurled improvised explosive devices at a group of far-right protesters outside the New York City mayor’s mansion. March 12 then saw two attacks. First, a shooting erupted at Old Dominion University, as a former U.S. National Guardsman who had been prosecuted for Islamic State-related plotting killed an ROTC instructor. Then, a U.S. citizen with family ties to Lebanon drove his vehicle into Temple Israel in West Bloomfield, Mich., before dying in an exchange of gunfire with synagogue security officers.

In three of the four attacks, further violence was stopped by heroic takedowns on scene. Perhaps most notably, the Old Dominion attacker was neutralized by students, who stabbed the gunman to death. The heroic stories, while worth uplifting, underscore a bleaker truth: amid war abroad, Americans have been forced to take counterterrorism into their own hands in their own communities, left to fend for themselves against AR-15s, improvised explosive devices and weaponized vehicles.

The diversity of the attacks and the perpetrators makes matters worse. The attackers include a U.S. National Guard veteran who served several years in prison on terrorism charges, two teenagers who traveled to a different state with violent intentions, a man with an apparently long history of mental illness, and a U.S. citizen who lost family members in the latest Israeli-Hezbollah hostilities. Their targets also point to a complex and unpredictable terrorism environment.

Absent more predictable trends, law enforcement will be spread thin, asked to protect an impossible array of locations across the country against an impossible diversity of threats. In this environment, an effective national counterterrorism strategy would likely point to stopping terrorism further upstream, interrupting radicalization and violent mobilization at an earlier stage. Yet the Trump administration has effectively eviscerated its prevention infrastructure, largely dismantling the Department of Homeland Security’s Center for Prevention Programs and Partnerships.

Notably, too, none of the attacks to date seem to be coordinated or directed by the Iranian regime, with the war instead inspiring Western lone actors to attack their own communities. Yet Iran has long engaged in assassination plots in the United States, often by enlisting third-party criminal groups, and may yet seek to activate such a program. As journalists Peter Beck and Seamus Hughes warn: “Iran’s past calculus was low-grade operations in the United States, enough to keep the FBI busy but not large enough to trigger serious military consequences. With the latter now already a reality, the Islamic Republic has less to lose by orchestrating bolder attacks.”

The Trump administration has repeatedly invoked Iran’s history of support for terrorist proxies to justify the conflict: On March 2, for instance, Trump explained that one of the operation’s objectives was “ensuring that the Iranian regime cannot continue to arm, fund and direct terrorist armies outside of their borders.” Indeed, should it follow its historical model, Iran will likely continue to make external operations and inspired violence a significant part of its response, adding sleeper cell activation and sponsored individuals to the ranks of homegrown violent extremists who have so far plagued America’s homeland since hostilities broke out. But without a more defined strategy, America will likely struggle to mount an effective response.

If, as the old saying goes, “all politics is local,” then the modern-day corollary in an era of smartphones is, “all conflict is global.” Whenever there is a war in the Middle East, as kicked off in Gaza following the Hamas terror attacks in southern Israel on Oct. 7, 2023, it exacerbates the terrorism threat landscape around the world, including in the West. When images and videos of the errant U.S. missile attack on a girls’ school flood the internet, it raises the temperature, making attacks by lone actors and other violent extremists with only tangential connections to the conflict more likely.

The breadth of the violence, however, was not guaranteed or pre-ordained. As a Shiite-majority nation, Iran has long held fractious and even hostile relationships with Sunni jihadist actors. The extent of the violence indicates a broader anti-American sentiment prevailing across diaspora communities, likely precipitated by the decades-long war on terror, greatly aggravated by Israeli abuses in Gaza since Oct. 7, 2023, and punctuated by the killings of schoolchildren. The Iran war, in other words, seems to be superseding earlier grievances and instead uniting disparate extremist forces against the United States.

In this environment, the Trump administration needs to stop being so cavalier about counterterrorism. Devoid of an actual strategy and without a director of the National Counterterrorism Center, the United States is even more vulnerable to an attack on the homeland than it would be with those in place. Writing on X, Robert A. Pape, a longtime scholar of terrorism, posted: “After tracking terrorism for 25 years, this is a flashing red light — as bright as I’ve seen prior to a serious attack.”

Only a serious approach to countering terrorism will keep the United States safe, and this is the moment for the Trump administration to demonstrate that it recognizes the stakes. In counterterrorism, inattention can be deadly.

Jacob Ware is a terrorism researcher and the co-author of “God, Guns, and Sedition: Far-Right Terrorism in America.” Colin P. Clarke is the executive director of the Soufan Center. His research focuses on terrorism, counterterrorism and armed conflict.

Source link

POLITICS

Trump’s war rhetoric is coarse. It’s also heard differently, depending on the audience

Mar 15, 2026 Politics Desk

In one of his latest missives on social media, President Trump complained that he wasn’t getting enough credit for “totally destroying the terrorist regime of Iran, militarily, economically, and otherwise.”

“We have unparalleled firepower, unlimited ammunition, and plenty of time,” he wrote of a war that has crippled the global supply of oil, sharply increased gas prices, cost U.S. taxpayers billions, left thousands dead and wounded, and so far defied Trump’s own “short term” timetable.

“Watch what happens to these deranged scumbags today,” Trump added. “They’ve been killing innocent people all over the world for 47 years, and now I, as the 47th President of the United States of America, am killing them. What a great honor it is to do so!”

Again and again in recent days, Trump and other top officials in his administration — notably Secretary of Defense Pete Hegseth — have projected confidence and power in Iran in a coarse and triumphant tone that is unprecedented for U.S. wartime presidents and their Cabinet members, according to experts in presidential rhetoric and propaganda.

They have consistently described the war in terms of how hard the U.S. is hitting Iran, rather than why it must do so. They’ve talked of destroying the Iranian navy and air force, wiping out its leadership and making the U.S. “more respected” globally than it has ever been, including by showing no mercy.

“This was never meant to be a fair fight, and it is not a fair fight. We are punching them while they’re down, which is exactly how it should be,” Hegseth said.

Missing is the solemnity of past wartime leaders facing dead U.S. soldiers, a recalcitrant enemy and a precarious tactical position, replaced by a message of U.S. mercilessness — of contempt for Iran rather than concern for its civilians or a focus on the American ideals that U.S. presidents have long tried to rally the world around, especially in times of war.

“At a time when people can see the effects of the war when they fill up their gas tank, and when there have been American casualties, the triumphalist tone is just not something a president normally does,” said Robert C. Rowland, a professor of rhetoric at the University of Kansas and author of the book “The Rhetoric of Donald Trump: Nationalist Populism and American Democracy.”

“Many presidents wouldn’t have that tone for personal moral reasons,” Rowland said, “but they also know that it can backfire when things don’t go well.”

James J. Kimble, a communication professor and propaganda historian at Seton Hall University, said U.S. presidents have “by and large” struck a respectful tone in wartime, though there are some exceptions. President Truman, justifying dropping atomic bombs on Japan, wrote that “when you have to deal with a beast, you have to treat him as a beast,” while the U.S. produced World War II posters designed to “demonize and dehumanize the German enemy,” he noted.

Still, Trump’s messaging — including his “expressing glee at the death of foreign combatants” — has been “much coarser,” Kimble said.

“It’s moving beyond the idea of defeating the enemy on the field of battle, and more into a kind of defeat as humiliation — intentional humiliation,” he said. “It’s schoolyard bullying, along with the physical violence.”

Asked about Trump’s rhetoric, Anna Kelly, a White House spokeswoman, said Trump “will always be proud to recognize the incredible accomplishments of our brave service members.”

“Under the decisive leadership of President Trump, America’s heroic war fighters are meeting or surpassing all of their goals under Operation Epic Fury,” she said. “The legacy media wants us to apologize for highlighting the United States military’s incredible success, but the White House will continue showcasing the many examples of Iran’s ballistic missiles, production facilities, and dreams of owning a nuclear weapon being destroyed in real time.”

Trump has built his political career around blunt rhetoric, and his messaging on Iran has drawn applause from his supporters. Polling has shown the public is heavily divided on the war — drawing far less public support than past wars, but broad support from Republicans.

White House Press Secretary Karoline Leavitt has accused the media of ignoring “clear” objectives that the president and others have set for the war effort, including wiping out Iran’s missile systems, preventing it from developing a nuclear weapon and stopping what Trump had a “feeling” was a coming attack on the U.S.

However, Trump and Hegseth have themselves strayed from that framework with their brash rhetoric, and their focus on the killing of Supreme Leader Ayatollah Ali Khamenei and other Iranian leaders.

Trump has dismissed reports that the U.S. bombed an Iranian school full of children by suggesting that Iran may actually have been responsible, despite reported findings by U.S. intelligence that it was an American attack.

Hegseth has added to concerns about careless U.S. bombing by expressing disdain for wartime rules designed to limit civilian casualties, calling them “stupid rules of engagement.”

“Our war fighters have maximum authorities granted personally by the president and yours truly,” Hegseth said. “Our rules of engagement are bold, precise and designed to unleash American power, not shackle it.”

The White House has also pushed out a wave of wartime propaganda on social media, often striking the same irreverent, bullish tone, experts noted.

One video interspersed movie clips of superheroes and soldiers with real footage of Iranian targets getting blown up, under the words, “JUSTICE THE AMERICAN WAY.” The clip drew condemnation, including from the actor Ben Stiller, who objected to the inclusion of footage from his film “Tropic Thunder,” saying, “War is not a movie.”

Hegseth’s bravado has also been caricatured on “Saturday Night Live,” which opened two weeks in a row with a satirical portrayal of him as angry, dimwitted and hyped up on the violence of war.

All of it has come against a backdrop of Islamophobic remarks from members of Congress on X, with Rep. Andy Ogles (R-Tenn.) writing that “Muslims don’t belong in American society” and Sen. Tommy Tuberville (R-Ala.) posting a picture of the 9/11 terrorist attack next to an image of New York City Mayor Zohran Mamdani, who is Muslim, and writing “the enemy is inside the gates.”

Certainly Iranian leaders have expressed similar contempt for the U.S. for years. Khamenei, killed at the start of the war, was known for stoking anti-American sentiment, speaking to crowds amid chants of “death to America.”

However, U.S. presidents have traditionally spoken with more reserve. They have slammed U.S. enemies, but often by drawing a contrast between them, the U.S. and the values the U.S. purports to defend globally. They have expressed confidence in past U.S. missions, but been wary of taking a celebratory or triumphant tone — especially at the start of a war, amid intense fighting, as American troops are still dying.

Not so with Trump, who on Wednesday said, “You never like to say too early you won. We won. We won … . In the first hour, it was over.”

He also said, “Over the past 11 days, our military has virtually destroyed Iran,” and “they don’t have anything.”

On Thursday, six U.S. service members were killed when a refueling aircraft crashed in Iraq. On Friday, the U.S. military announced it was sending 2,500 Marines and an additional U.S. warship to the conflict.

Kimble said there are several ways to view Trump’s war rhetoric. One is “through the lens of PSYOPS, or psychological operations” — or intentional messaging aimed at discouraging the enemy, akin to the U.S. dropping leaflets in World War II telling foreign combatants that they must surrender or die. In that view, Trump is speaking directly to the Iranians, trying to get them to “perceive victory as impossible.”

Another is to view Trump and Hegseth as projecting a tough image for their MAGA base, their Democratic rivals and any other nations they might be preparing to challenge, such as Cuba.

Rowland said Trump “always has to be the big dog in the room,” and his war messaging should be viewed in that context.

“A lot of the rhetoric is performative cruelty,” Rowland said. “It’s more about him coming across as dominant than it is about making a case that the war has been good for the U.S. and the region and the West and the world.”

Source link

TRAVEL

California national parks set attendance record, despite controversy

Mar 14, 2026 Travel Desk

Despite morale-sapping staff layoffs, bizarre executive orders and a 43-day federal government shutdown last fall, the grandeur and serenity of national parks in California remain irresistible to outdoors lovers looking to unwind.

The nine national parks in the Golden State — including Yosemite, Death Valley and Joshua Tree — attracted nearly 12 million recreational visits in 2025, according to statistics from the National Park Service.

That’s up more than 800,000 visits from 2024 and up more than 300,000 from the previous record set in 2019, according to the data, which stretches back to 1979.

Nationally, visits were high, at 323 million, but down a couple of percentage points from the record set in 2024, according to a park service press release.

“America’s national parks continue to be places where people come to experience our country’s history, landscapes and shared heritage,” said Jessica Bowron, acting director of the NPS.

“We are committed to keeping parks open, accessible and well-managed so visitors can safely enjoy these extraordinary places today and for generations to come,” Bowron added.

President Trump’s critics beg to differ.

Since Trump resumed office in January 2025, his administration has slashed the NPS workforce by nearly a quarter, buying out or laying off hundreds of rangers, maintenance workers, scientists and administrative staff across the country.

And last year, as part of his war on “woke,” Trump instructed the park service to scrub all signs and presentations of language he would deem negative, unpatriotic or smacking of “improper partisan ideology.”

He also ordered administrators to remove any content that “inappropriately disparages Americans” living or dead, and replace it with language that celebrates the nation’s greatness.

That gets tricky at places such as Manzanar National Historic Site in the high desert of eastern California — one of 10 camps where the U.S. government imprisoned more than 120,000 Japanese American civilians during World War II.

It’s also hard to dance around disparaging details at Fort Sumter National Monument, where Confederates fired the first shots of the Civil War; Ford’s Theater National Historic Site in Washington, D.C., where Abraham Lincoln was assassinated; and Martin Luther King Jr. National Historic Park, which commemorates the assassination of the country’s best known civil rights leader.

“This administration is actively erasing the history, science and culture that our national parks protect,” said Emily Douce, deputy vice president for government affairs for the nonprofit National Parks Conservation Assn.

Douce argued that morale among staff at the parks — a string of 63 federally protected natural wonders often described as “America’s best idea” — has never been lower.

But the fact that employees still showed up, including without pay during last year’s federal government shutdown, demonstrates their commitment to keeping the beloved parks flourishing.

“The enduring popularity of America’s national parks is not surprising,” Douce added. “What’s shocking is this administration’s relentless attacks on these places and their caretakers, which threatens their future.”

The White House did not immediately respond to a request for comment.

The National Park Service is routinely ranked among the most admired branches of the large and sprawling federal government. Even Americans who have never watched a minute of C-SPAN, or get a little lost in the alphabet soup of other agencies, will probably never forget standing in Yosemite Valley and admiring a towering waterfall.

There were 4.3 million visits to Yosemite in 2025, 2.9 million to Joshua Tree and 1.3 million to Death Valley, according to the data.

The 323 million visits to America’s national parks in 2025 are more than twice the attendance — 135 million — at professional football, baseball, basketball and hockey games combined.

Of course, it’s a lot cheaper to get into a park. U.S. residents pay between $20 and $35 per vehicle for a day pass, or $80 for an annual pass. The Trump administration recently raised the annual fee to $250 for foreign visitors.

National Park Service officials did not respond to emails requesting comment on California’s 2025 attendance.

Source link

NEWS TODAY

Advocates push for major probe as US boat strikes in Latin America kill 157 | Donald Trump News

Mar 12, 2026 News Desk

Washington, DC – In September, the United States began launching dozens of deadly military strikes against alleged drug-smuggling boats in the Caribbean Sea and eastern Pacific.

Nearly half a year later, remarkably little is known about the strikes. The identities of the nearly 157 people killed have not been released. Any purported evidence against them has not been made public.

Recommended Stories

list of 3 itemsend of list

But a group of United Nations and international law experts are hoping to change that on Friday, when they testify at the Inter-American Commission on Human Rights (IACHR).

The international hearing will be the first of its kind since the strikes began on September 2, and rights advocates hope it can help lead to accountability as individual legal cases related to the strikes proceed.

Steven Watt, a senior staff lawyer with the American Civil Liberties Union’s human rights programme, said the goal of the hearing will be threefold.

“Our ask will be to conduct a fact-finding investigation into what’s going on,” Watt said.

The second aim, he continued, would be “to assert or to arrive at a conclusion that there is no armed conflict here”, in what would be a rebuke to US President Donald Trump’s previous claims.

Finally, Watt said, he hopes the proceedings will yield long-sought transparency from the Trump administration on “whether or not they have a legal justification for these boat strikes”.

“We don’t think there are any,” Watt added.

‘We don’t know the names’

The experts set to testify at Friday’s hearing said the IACHR has a unique mandate to uncover the truth behind the US strikes.

The commission, based in Guatemala City, Guatemala, is an independent investigative body within the Organization of American States, of which the US was a founding member in 1948.

While the Trump administration has claimed it has a right to carry out the deadly attacks as part of a wider military offensive against so-called “narco-terrorists”, rights groups have decried the campaign as a series of extrajudicial killings.

They argue that Trump’s deadly tactics deny those targeted of anything that approaches due process.

Legal experts have also dismissed Trump’s claims that suspects in drug-related crimes are equivalent to “unlawful combatants” in an “armed conflict”.

Few details have emerged from the air strikes. Several families have come forward, however, to informally identify the dead as their loved ones.

Victims are said to include 26-year-old Chad Joseph and 41-year-old Rishi Samaroo, who were sailing home to Trinidad and Tobago when they were killed in October, according to relatives.

A complaint filed against the US government said both men travelled often between the islands and Venezuela, where Joseph found work as a farmer and fisherman, and Samaroo laboured on a farm.

The family of Colombian national Alejandro Carranza, 42, have also said he was killed in September when the US military attacked his fishing boat off the country’s coast.

The US has yet to confirm the victims’ identities, and only two survivors have ever been rescued in the 45 reported strikes.

A clearer picture of what happened will be a significant step towards accountability, according to experts like Watt.

“[The IACHR] is uniquely positioned to identify who all these persons are,” Watt said. “We just know the numbers from the United States. We don’t know the names or the backgrounds of these people.”

The IACHR has launched a range of human rights investigations in recent decades, including probes into the 2014 mass kidnapping of 43 students in Iguala, Mexico, and a series of murders in Colombia from 1988 to 1991 dubbed the Massacre of Trujillo.

The commission has also examined US policies, including extrajudicial detentions at Guantanamo Bay, Cuba, during its so-called “global war on terror”.

The IACHR has the power to seek resolutions to human rights complaints or refer them for litigation before the Inter-American Court of Human Rights.

Just last week, the court ordered Peru to pay reparations to the family of a woman who died during a government-led forced sterilisation campaign in the 1990s.

The Carranza family has filed its own complaint to the IACHR, and the families of Joseph and Samaroo have also lodged a lawsuit against the US in a federal court in Massachusetts.

Angelo Guisado, a senior staff lawyer at the Center for Constitutional Rights (CCR), said a fuller accounting of the US actions is needed to prevent future abuses. He is among the experts testifying on Friday.

“You can’t normalise assassinating fishermen off the coast of South America,” Guisado told Al Jazeera. “That’s just sadistic and an abomination to the rules-based order that we’ve created.”

“So we hope that the commission can do some investigation.”

A war against ‘narco-terrorists’?

One of Guisado’s goals for Friday’s hearing will be to unpack the Trump administration’s argument that the attacks are necessary from a national security standpoint.

Even before the US strikes began, the Trump administration began framing the Latin American drug trade as an existential threat to the US.

As part of that re-framing, the administration borrowed messaging from its “global war on terror”, taking the unorthodox approach of labelling several cartels “foreign terrorist organisations”.

Speaking last week at a meeting of Latin American leaders, White House security adviser Stephen Miller maintained there is no “criminal justice solution” to drug cartels.

Instead, he affirmed that the US would use “hard power, military power, lethal force, to protect and defend the American homeland”, even if that meant carrying out deadly operations throughout the Western Hemisphere.

Guisado, however, noted that the administration has admitted that the targeted boats were largely carrying cocaine, not the highly addictive fentanyl responsible for the majority of US drug overdoses.

He explained that the administration has done little to prove its claims that drug traffickers are part of a coordinated effort to destabilise the US.

Such hyperbolic language, Guisado added, could be used as a smokescreen to conceal illegal actions.

“When you invoke national security interest, it seems as if scrutiny and any legitimate analysis or condemnation gets pushed to one side in favour of an ersatz martial law,” Guisado said.

“The idea that you could just proclaim anyone a narcoterrorist and do whatever you want with them is just so repugnant to our system of fairness, justice and law.”

Watt, meanwhile, said he hopes the IACHR will draw a clear “line in the sand”, separating drug crimes from what is conventionally considered an armed conflict.

He also would like to see the IACHR clearly outline the US’s human rights obligations.

“But even if there was an armed conflict — of which there isn’t — the laws of war would prohibit the type of conduct that the United States is engaging in here,” Watt explained.

“It would be an extrajudicial killing. It would be a war crime.”

Transparency or accountability

Friday’s hearing will only be an initial step towards accountability, and critics question how effective the IACHR will ultimately be.

The US has regularly shrugged off human rights probes at international forums, and it is not party to entities like the International Criminal Court in The Hague, raising barriers to the pursuit of justice.

Despite being a member of the OAS, the US has also not ratified the American Convention on Human Rights, one of the organisation’s founding documents.

It is, therefore, unclear how binding any IACHR decisions could be, although Watt argued that it is “longstanding jurisprudence of the commission that the declaration imposes obligations on non-ratifying member states”.

Still, legal experts said Friday’s hearing may yield clarity on the Trump administration’s legal argument for the boat strikes.

The IACHR has said US government representatives are set to appear at the hearing.

To date, the US Department of Justice has not released the Office of Legal Counsel’s official reasoning for the boat strikes, considered the foundational legal document for the military actions.

A separate memorandum from that office addressed the US abduction of Venezuelan President Nicolas Maduro on January 3, which it framed as a drug enforcement action.

That memo touched on the boat strikes, but it only served to raise further questions about Trump’s rationale.

“This will be an opportunity for the United States to put its case before the commission,” Watt said.

“But of course, it depends on US cooperation,” he continued. “They’re going down there, but it’ll be interesting to see what they actually say”.

Source link

MONEY

Sustainable Finance Awards 2026: Latin America

Mar 9, 2026 Finance Desk



Sustainable Finance Awards 2026: Latin America | Global Finance Magazine




























Home Awards Award Winners Sustainable Finance Awards 2026: Latin America

This year’s regional winners advanced sustainability by issuing green, blue, social, and transition bonds while funding renewable energy projects across LatAm.

There has been steady progress in Latin America toward a sustainability agenda. Since the region’s first green bond was issued in 2014, over $164 billion has been raised in international markets, according to the UN Economic Commission for Latin America and the Caribbean. Despite these gains, a $650 billion annual funding gap needs to be closed to meet the UN’s SDGs by 2030. Currently, only 23% of these goals appear likely to be achieved, and the remaining goals are stagnating unless accelerated progress is made.

According to the World Economic Forum, 70% of the region’s electricity is supplied by renewables, including solar, wind, and hydropower. Even so, many economies still export fossil fuels and minerals while importing refined fuels and gas, creating a complex landscape.

The region is also becoming a global leader in blue-finance markets, with prominent Latin American banks issuing some of the largest blue bonds and developing frameworks for blue loans, both of which fund clean water and sanitation projects. To enhance the blue economy within the region, the Development Bank of Latin America and the Caribbean plans to invest $2.5 billion in the blue economy through 2030 to boost conservation efforts and encourage economic growth.

Many of this year’s winning banks work with clients to support the transition to clean energy. In this spirit, these banks continue to innovate as Latin America becomes a more sustainable region.

visualization

BTG Pactual

Best Bank for Sustainable Finance

Sustainable Finance Deal of the Year: EcoRioMinas – Green Transition Bonds

Best Bank for Sustainability Transparency

Brazilian-based BTG Pactual is one of the more innovative banks within the sustainable-finance market. In 2020, the bank committed to a tenfold increase in the volume of ESG bonds issued by 2025 and achieved this goal in 2023. Despite high interest rates and corporations revisiting ESG strategies, BTG Pactual structured about $2 billion in eight labeled green, blue, sustainability, and green transition bonds.

Brazil’s infrastructure is increasingly challenged to demonstrate measurable climate commitments, and the rapidly evolving transition-finance market advances credible long-term decarbonization strategies into reality while providing investors with transparency and accountability regarding emissions. BTG Pactual worked with EcoRioMinas to structure one of the first green transition bonds in Brazil.

This 540 million Brazilian real (about $104.4 million) issuance finances transition-oriented projects, like renewable-energy facilities, LED lighting systems, paving-material reuse, and reforestation and landscape restoration initiatives. This transaction addresses a highway’s environmental footprint by expanding energy efficiency and reusing existing resources to reduce consumption.

BTG Pactual also raised 542 million reais for an impact-investing fund for private equity investments in SMEs. The bank launched an ESG bond fund and intends to raise $100 million that will be dedicated to sustainable finance. BTG was also selected to manage the Espírito Santo Decarbonization Fund seeded with 500 million reais from Brazil’s sovereign fund to finance low-carbon projects.

BancoEstado

Best Impact Investing Solution

Best Bank for Sustaining Communities

BancoEstado aims to generate long-term value and help advance Chilean commitments on climate change. Specifically, the bank is working toward net-zero by 2030 for operational emissions and by 2050 for financed emissions.

The bank empowers citizens through its Social Leaders Academy, which provides training to leaders so they can teach communities how to access housing and support microentrepreneurs. This educational model improves living standards throughout Chile by strengthening the right to adequate housing.

BancoEstado’s Impacto Verde initiative promotes inclusive economic development by connecting MSMEs with large corporations. These relationships ultimately bolster Chile’s business ecosystem by strengthening supply chain standards and expanding MSMEs’ access to banking services. The program also promotes shared growth between corporations and MSMEs and offers startups tailored products and services better suited to small businesses.

In its work to sustain communities, the bank has provided financing for infrastructure through transition- and sustainability-linked products. These products have financed electric buses for new public transportation fleets and nonconventional renewable-energy plants, for example. These ESG loans are aimed at companies that measure socioenvironmental factors, and the loan rate is adjusted based on compliance with these indicators. These factors focus primarily on reducing water use and greenhouse gas emissions.

Itau BBA

Best Bank for Sustainable Infrastructure/Project Finance

Best Bank for Blue Bonds

Best Bank for Transition/Sustainability-Linked Loans

Itau BBA recently published its new ESG strategy anchored in climate transition, diversity, development, and sustainable finance. The bank set a new goal in 2024 to mobilize 1 trillion reais in sustainable finance by December 2030. This is aligned with the green taxonomy of the Federation of Brazilian Banks, Febraban, and integrates internal ESG criteria and leading international frameworks.

The bank partnered with Bracell, a global producer of specialty cellulose, in a sustainability-linked loan with targets that must be met by 2030 or a financial penalty will be applied. These targets include a 28% reduction in greenhouse gas emissions, a 19.3% reduction in water usage, and an 81.8% reduction in landfill waste. This loan helps Bracell meet broader commitments to reduce its carbon footprint, increase operational efficiency with cleaner technologies, and support biodiversity. This partnership works to highlight an initiative to foster industrial practices that drive economic growth while contributing to environmental preservation.

The bank also acted as joint bookrunner on Aegea’s $750 million blue bond issuance, one of the largest in the international market. The funds are earmarked for infrastructure for water supply, sewage collection, and protection for marine ecosystems. This transaction aims to provide access to water for 99% and sewage systems for 90% of the population by 2033.

Bradesco BBI

Best Bank for Green Bonds

Best Bank for Social Bonds

Best Bank for Sustainability Bonds

IBradesco BBI has been recognized for its diversity, respect and racial equality. The bank initially set a goal to mobilize 250 billion reais in sustainable finance by 2025 and has since increased that goal to 350 billion reais over the same period. This was achieved in September 2025. During the year, the bank completed 17 ESG transactions that included nine green bonds, two social bonds, and five sustainability bonds.

Bradesco has also worked to establish innovative programs, like the Eco Invest Program that is led by the Brazilian National Treasury and aims to attract foreign investment for the country’s ecological transformation projects. The bank and the power utility Neoenergia, Iberdrola’s Brazilian subsidiary, completed one of the first green bond issuances under this program, raising 1 billion reais in transactions. The proceeds will be used to modernize the power infrastructure within Brazil.

This work will include installing smart grids; burying lines underground to protect them from climate risk; and upgrading substations, transmission lines, and distribution networks. Re.green secured 80 million reais from Brazil’s Climate Fund in a landmark biodiversity-labeled transaction in which Bradesco provided a guarantee letter and ESG advisory services. Re.green is focused on restoration efforts that boost an ecosystem’s recovery when that area has been damaged, destroyed, or degraded. These funds will be used to reforest 15,000 hectares in priority areas.


arrow-chevron-right-redarrow-chevron-rightbutton-arrow-left-greybutton-arrow-left-red-400button-arrow-left-red-500button-arrow-left-red-600button-arrow-left-whitebutton-arrow-right-greybutton-arrow-right-red-400button-arrow-right-red-500button-arrow-right-red-600button-arrow-right-whitecaret-downcaret-rightclosecloseemailfacebook-square-holdfacebookhamburger-newhamburgerinstagramlinkedin-square-1linkedinpauseplaysearch-outlinesearchsubscribe-digitalsubscribe-printtwitter-square-holdtwitteryoutube

Source link

MONEY

Sustainable Finance Awards 2026: North America

Mar 9, 2026 Finance Desk

North American sustainable-finance issuance suffered due to ESG backlash and regulatory tensions, but Canada remained resilient and adaptation finance emerged.

visualization

Last year, sustainable-finance issuance in North America fell off a cliff.

According to Moody’s, issuance fell from 2024’s $124 billion to $67 billion—a far cry from the 2021 peak of $175 billion. Almost all the drop was attributable to the US, where prominent banks followed the six big players that withdrew from the UN-convened Net-Zero Banking Alliance beginning in December 2024. This reflects ongoing polarization and growing political scrutiny of ESG, as well as banks shifting focus to areas such as energy security. The sharp drop in ESG issuance was reflected in the paucity of North American entries Global Finance received for this year’s Sustainable Finance Awards.

The pattern looks set to continue into 2026 as the ESG pushback persists. Sustainable Fitch, a Fitch Solutions company, says, “We expect investors to continue to face challenges navigating the North American ESG regulatory environment as diverging pressures persist between state and federal requirements in the US.”

The one bright spot is Canada—admittedly a much smaller player than the US—where leading banks continue to prioritize ESG and increase issuance. “There may be some momentum in late 2026 as Canada finalizes its new green and transition taxonomy,” Sustainable Fitch forecasts.

Generally, the group anticipates that adaptation finance will be a major growth driver “as global attention shifts from mitigation to resilience amid increasingly frequent and severe extreme-weather events, shaping investment strategies and policy frameworks.” Meanwhile, multinational asset management company Schroders anticipates “an increased emphasis on demonstrating the returns and value of sustainability efforts.”

Best Bank for Sustainable Finance

Circular Economy Commitment

Best Bank for Sustaining Communities

Best Bank for Sustainability Transparency

Best Bank for Blue Bonds (New for 2026)

Best Bank for Social Bonds

Best Bank for Sustainability Bonds

Scotiabank

Scotiabank’s deep and extensive commitment to sustainable finance made it an obvious winner of the above eight awards.

In just one of the bank’s circular-economy projects, Scotiabank served as green-loan structuring agent for Diaco’s inaugural green loan. Diaco is a key player in Colombia’s steel industry, and its business model is built on the circularity of steel, extending environmental, economic, and social value throughout the product life cycle.

For blue bonds, Scotiabank helped the Mexican government to issue a blue bond that provides funding for sustainable fishing and aquaculture. Mexico’s fishing industry is one of the largest in the world, making the protection of its coastlines and waterways key. This blue bond, issued in December 2024, amounts to 4.5 billion Mexican pesos (about US$218 million).

In terms of sustainability transparency, the bank says, “We are committed, through our annual Sustainability Report and Public Accountability Statement, to present our activity and performance on environment, social and governance topics that we believe matter to our stakeholders.” Scotiabank releases an annual Sustainability Report and an annual Climate Report, which, since 2026, has been part of the Sustainability Report.

In 2021, as part of its commitment to sustaining communities, the bank launched the ScotiaRISE initiative, a 10-year 500 million Canadian dollar (about US$364.8 million ) community-investment program to strengthen economic resilience. Between 2021 and 2025, the program invested more than CA$210 million across 300 organizations. It also launched the Scotiabank Women Initiative, which it says “aims to help women clients increase their economic and professional opportunities and succeed on their own terms as they grow their businesses, advance their careers and invest in their futures.”

Sustainable Finance Deal of the Year: Nautilus Solar Energy Long-Term Debt Facility

Sumitomo Mitsui Banking Corporation

Sumitomo Mitsui Banking Corporation (SMBC) closed a $275 million long-term debt facility with Nautilus Solar Energy. This financing enables the development of more than 25 community solar projects across five states (Illinois, Maryland, Delaware, New York, and Rhode Island).

The projects add more than 130 MW of renewable capacity to local power grids, delivering clean, affordable energy to more than 11,000 households and small businesses. This expansion boosts Nautilus Solar’s operating and managed portfolio to 700 MW and paves the way for future debt issuances together.

SMBC continues to be a leader in sustainable finance and says, “This transaction is an achievement that reflects both SMBC’s and Nautilus’ deep commitment to sustainability and innovation, making it a standout candidate for recognition in the renewable-energy sector,” adding that it is “a transformative milestone in advancing clean energy access across the United States.”

Best Platform/Technology Facilitating Sustainable Finance

Best Bank for Green Bonds

Best Bank for Transition/Sustainability-Linked Loans

CIBC Capital Markets

In a field where jargon and complexity are commonplace and can inhibit issuance and business growth, CIBC’s Sustainability Issuance Framework, unveiled in March 2024, clearly outlines the eligible issuance categories. It defines 16 distinct areas eligible for bonds and loans, including clean energy and clean fuels (nuclear power is included here, with CIBC the only Canadian bank to do so), pollution prevention and control, green buildings, the promotion of biodiversity, circularity, and affordable housing.

This comprehensive platform has helped CIBC Capital Markets raise US$199.4 billion toward its 2030 target by the end of last year. CIBC has been involved in 303 projects across solar, wind, and green buildings. It has also helped CIBC Capital Markets become a leader in green bonds, issuing its first, for US$500 million, in 2020, and another in January 2024 for €500 million in euro-denominated bonds with a three-year maturity.

In Barbados, CIBC Capital Markets served as sustainability structuring agent alongside CIBC Caribbean, which acted as lead arranger, in one of the first sovereign sustainability loans in the Caribbean.

These roles are part of a broader strategy to mobilize US$300 billion in sustainable-finance projects by 2030.

Best Bank for Sustainable Infrastructure/Project Finance

Societe Generale

As part of its broader sustainability strategy, Societe Generale has focused on sustainability-linked infrastructure and projects, demonstrating the emphasis in 2025. It acted as joint lead arranger of a $424 million green-loan project financing for International Transport Service (ITS), a terminal operator in Long Beach, California.

ITS operates in the San Pedro Bay harbor, the primary gateway for North American trans-Pacific trade and the main US destination for Asian imports. Societe Generale has served as green loan coordinator to advance the University of Iowa’s ESG strategy (€671 million). Last year, the bank was involved in debt financing (for $210 million) of a voluntary carbon-removal afforestation project with Chestnut Carbon, a nature-based carbon-removal entity.

The financing will enable Chestnut to construct Project Megaton, a reforestation/decarbonization project covering some 67,000 acres in the southeastern US.

Source link

TOP NEWS

Trump announces military coalition to take on cartels in Latin America

Mar 7, 2026 News Desk

March 7 (UPI) — President Donald Trump announced at Saturday’s “Shield of the Americas” summit in Florida that a new military coalition will focus on drug trafficking and cartels.

Trump said at the Doral meeting with 12 Latin American leaders that “America’s Counter Cartel Coalition” will conduct operations against cartels across the region.

At least 17 nations have already signed on to the agreement.

“The heart of our agreement is a commitment to using lethal military force to destroy the sinister cartels and terrorist networks once and for all,” Trump said. “We’ll get rid of them. We need your help. You have to just tell us where they are.”

Trump had pledged earlier this year to hunt down drug cartels. His pledge was followed by a series of attacks on on alleged narco-terrorist vessels in the Caribbean Sea.

The president’s Saturday remarks also touched on the January capture of Venezuelan President Nicolás Maduro, an operation he described as “18 minutes of pure violence.”

Trump praised Venezuela’s interim leader, Delcy Rodriguez, whose country re-established diplomatic relations with the United States earlier in the week.

“I mean, she’s doing a great job because she’s working with us,” he said. “If she wasn’t working with us, I would not say she’s doing a great job. In fact, if she wasn’t working with us, I’d say she’s doing a very poor job. Unacceptable.”

The summit was attended by Argentine President Javier Milei, Bolivian leader Rodrigo Paz, Chilean President José Antonio Kast, Costa Rican President Rodrigo Chaves, Dominican Republic President Luis Abinader, Ecuadorian President Daniel Noboa, Salvadoran President Nayib Bukele, Honduran President Tito Asfura, Guyanese President Mohamed Irfaan Ali, Panamanian President José Raúl Mulino, Paraguayan President Santiago Peña and Trinidad and Tobago President Christine Kangaloo.

Source link

TOP NEWS

In a bid to counter China, Trump hosts a summit for Latin America leaders | Donald Trump News

Mar 6, 2026 News Desk

Over the past two decades, China has quietly eclipsed the United States as the dominant trading partner in parts of Latin America.

But since taking office for a second term, United States President Donald Trump has pushed to reverse Beijing’s advance.

Recommended Stories

list of 3 itemsend of list

That includes through aggressive manoeuvres directed at China’s allies in the region.

Already, the Trump administration has stripped officials in Costa Rica, Panama and Chile of their US visas, reportedly due to their ties to China.

It has also threatened to take back the Panama Canal over allegations that Chinese operatives are running the waterway. And after invading Venezuela and abducting President Nicolas Maduro, the US forced the country to halt oil exports to China.

But on Saturday, Trump is taking a different approach, welcoming Latin American leaders to his Mar-a-Lago estate for an event dubbed the “Shield of the Americas” summit.

How he plans to persuade leaders to distance themselves from one of the region’s largest economic partners remains unclear.

But experts say the high-level meeting could signal that Washington is prepared to put concrete offers on the table.

Securing meaningful commitments from Latin American leaders will take more than a photo op and vague promises, according to Francisco Urdinez, an expert on regional relations with China at Chile’s Pontifical Catholic University.

Even among Trump’s allies, Urdinez believes significant economic incentives are required.

“What they’re really hoping is that Washington backs up the political alignment with tangible economic benefits,” he said.

‘Reinforcing the Donroe Doctrine’

Already, the White House has confirmed that nearly a dozen countries will be represented at the weekend summit.

They include conservative leaders from Argentina, Bolivia, Chile, Costa Rica, Ecuador, El Salvador, the Dominican Republic, Honduras, Panama, Paraguay, and Trinidad and Tobago.

Mexico and Brazil, the region’s largest economies, have been notably left out. Both are currently led by left-leaning governments.

In a post on social media, the Trump administration framed the event as a “historic meeting reinforcing the Donroe Doctrine”, the president’s plan for establishing US dominance over the Western Hemisphere.

Part of that strategy involves assembling a coalition of ideological allies in the region.

But rolling back Chinese influence in a region increasingly reliant on its economy will not be an easy feat, according to Gimena Sanchez, the Andes director at the Washington Office on Latin America (WOLA), a US-based research and advocacy group.

The US “is trying to get countries to agree that they’re not going to have China be one of their primary trading partners, and they really can’t at this point”, Sanchez said.

“For most countries, China is either their top, second or third trading partner.”

China, after all, has the second-largest economy in the world, and it has invested heavily in Latin America, including through infrastructure projects and massive loans.

The Asian giant has emerged as the top trading partner in South America in particular, with bilateral trade reaching $518bn in 2024, a record high for Beijing.

The US, however, remains the biggest outside trade force in Latin America and the Caribbean overall, due in large part to close relations with its neighbour, Mexico.

As of 2024, US imports from Latin America jumped to $661bn, and its exports were valued at $517bn.

Rather than choosing sides, though, many countries in the region are trying to strike a balance between the two powers, Sanchez explained.

Still, she added that the US cannot come empty-handed to this weekend’s negotiations.

“If the US is very boldly telling countries to cut off strengthening ties with China”, Sanchez emphasised that “the US is going to have to offer them something.”

What’s on the table?

Trump has already extended economic lifelines to Latin American governments politically aligned with his own.

In the case of Argentina, for instance, Trump announced in October a $20bn currency swap, meant to increase the value of the country’s peso.

He also increased the volume of Argentinian beef permitted to be imported into the US, shoring up the country’s agricultural sector, despite pushback from US cattle farmers.

Trump has largely tied those economic incentives to the continued leadership of political movements favourable to his own.

The $20bn swap, for instance, came ahead of a key election for Argentinian President Javier Milei’s right-wing party, which Trump supports.

Isolating China from resources in Latin America could also play to Trump’s advantage as he angles for better trade terms with Beijing.

A show of hemispheric solidarity could give Trump extra leverage as he travels to Beijing in early April to meet with Chinese President Xi Jinping, Urdinez pointed out.

Then there’s the regional security angle. The US has expressed particular concern about China’s control of strategic infrastructure in Latin America and the critical minerals it could exploit in the region to bolster its defence and technology capabilities.

Bolivia, Argentina and Chile, for instance, are believed to hold the world’s largest deposits of lithium, a metal necessary for energy storage and rechargeable batteries.

The Trump administration referenced such threats in its national security strategy, published in December.

“Some foreign influence will be hard to reverse,” the strategy document said, blaming the “political alignments between certain Latin American governments and certain foreign actors”.

But Trump’s security platform nevertheless asserted that Latin American leaders were actively seeking alternatives to China.

“Many governments are not ideologically aligned with foreign powers but are instead attracted to doing business with them for other reasons, including low costs and fewer regulatory hurdles,” the document said.

It argued that the US could combat Chinese influence by highlighting the “hidden costs” of close ties to Beijing, including “debt traps” and espionage.

‘More aspiration than reality’

Henrietta Levin, a senior fellow at the Center for Strategic and International Studies in Washington, believes that many Latin American countries would prefer to deepen economic engagement with the US over China.

But in many cases, that hasn’t been an option.

She pointed to Ecuador’s decision to sign a free trade agreement (FTA) with China in 2023 after it failed to negotiate a similar agreement with the US under President Joe Biden.

Some US politicians had opposed the deal as a threat to domestic industries. Others had encouraged Biden to reject it due to alleged corruption in Ecuador’s government.

Critics, though, said the resistance pushed Ecuador into closer relations with China.

“ When Ecuador signed their free trade agreement with China a couple years ago, their leader actually made quite clear that they had wanted an FTA with the US and would’ve preferred that,” said Levin.

“But the US didn’t want to negotiate such an agreement, and China did.”

As a result, Ecuador became the fifth country in Latin America to ink a free trade pact with China, after Chile, Peru, Costa Rica and Nicaragua.

For Levin, the question looming over this weekend’s summit is whether the Trump administration will step up and provide alternatives to the economic engagement China has already delivered.

Options could include trade agreements, financing for new development and investments with attractive terms.

But without such offers, Urdinez, the Chilean professor, warns that Trump will face limits to his ambitions of checking China’s growth in Latin America.

“Until Washington is willing to fill the economic space it’s asking countries to vacate, the rollback strategy will remain more aspiration than reality,” said Urdinez.

Source link

SHOW BIZ

Review: Philip Glass’ ‘Akhnaten’ is back at L.A. Opera, this time with a magnificent John Holiday

Mar 6, 2026 News Desk

By my count, Philip Glass has written 28 operas, the same number as Verdi. The count is iffy because Glass pushes the boundaries between what we tend to call opera and the fuzzier idea of music theater. His first, “Einstein on the Beach” in 1976 — a collaboration between the composer and the late, innovative theater maker Robert Wilson — is a non-narrative effusion of imagery, movement, music and text, each a brilliantly independent entity that somehow excites a hard-to-pin-down purpose.

His latest (and probably his last, Glass turns 90 this year) is “Circus Days and Nights” — a touching and thrilling opera for a circus and staged at a circus in Mälmo, Sweden, in 2021 — caps a wondrous 45 years of operatic advancement. You would have to go back to Handel’s 42 operas, Mozart’s 22 or Verdi’s oeuvre for operatic equivalence.

Glass’ subject matter varies widely in epochs and ethoses, from ancient Egypt to Walt Disney’s Hollywood. Taken as a whole, these 28 operas reveal how we got to be who we are historically, artistically, spiritually, politically and fancifully, often including more than one of those categories, as in his third opera, “Akhnaten,” which Los Angeles Opera has now remounted at the Dorothy Chandler Pavilion. The instantly recognizable musical style has remained, over the years, consistently abstract and refreshing. It doesn’t tell you how to think, how to feel, even how to understand. It simply grabs your attention; you do the interpreting.

Still, America knows little of Glass’ operatic enormity. The early “portrait” operas — “Einstein,” “Satyagraha” (about Gandhi) and “Akhnaten” (the 14th century BC Egyptian pharaoh) — appear in repertory here and there (meaning mostly in Europe) as do a trio of operas based on Jean Cocteau films. The rest remain little mounted, while several but not all have been recorded. The Metropolitan Opera, for instance, commissioned “The Voyage” in 1992 to celebrate the 500th anniversary of Columbus’ arrival in the Americas, but the epic opera is nowhere to be found in our semisesquicentennial year. It is sadly no longer even thinkable that “Appomattox,” Glass’ revelatory reminder of an America that once honored goodwill negotiation over political self-interest, return to the Kennedy Center, where its final version had its premiere 11 years ago.

L.A. Opera has been better than most American companies in its attention to Glass. It has excellently presented the three portrait operas on its main stage, beginning with “Einstein” in the final and most brilliant revival of the original Wilson staging. The “Satyagraha” and “Akhnaten” revivals have been the designed-to-dazzle inventions of quirky director Phelim McDermott, a co-founder of Impossible, an eccentric British theater company. When new in the last decade, they felt the most arresting productions of these operas since Achim Freyer’s in Stuttgart, Germany, in the early 1980s. Almost every performance at the Dorothy Chandler Pavilion has sold out.

John Holiday as the titular ruler in Philip Glass' "Akhnaten" at the Dorothy Chandler Pavilion.

John Holiday as the titular ruler in Philip Glass’ “Akhnaten” at the Dorothy Chandler Pavilion.

(Ariana Drehsler / For The Times)

McDermott’s “Akhnaten” got the most attention thanks to breathtaking jugglers and lavish costumes, along with a touch of full-frontal novelty as Akhnaten gets clothed in his kitschy, glittery getup for his inauguration. Glass had chosen the pharaoh because he is thought to have been the first monotheistic ruler.

Akhnaten is revealed in episodes of his life that are not fleshed out but presented as ritual, including the ravishing love duet with his wife, Nefertiti. The revolutionary pharoah builds a great city and reduces spiritual chaos by focusing on a single-minded form of worship. He looks androgenous in portraits, which led Glass to create the role for countertenor.

The sung texts are in ancient languages, and there are no projected song titles. Instead, a narrator gives a somewhat notion of what’s what in the language of the audience, as is Akhnaten’s great aria, a hymn to Aten (god of the sun).

Ultimately, the pharaoh’s prescient spiritual optimism comes in conflict with the all-powerful establishment priests, who kill Akhnaten and Nefertiti. The opera ends with Akhnaten’s son, presumably Tutankhamun, restoring polytheism, and then, once the staging jumps millennia into the future, it’s rediscovered by modern-day tourists. The currency couldn’t be missed Saturday, the Shia cleric and Iran’s supreme leader Ali Khamenei having just been assassinated along with his wife at the start of America’s and Israel’s Iran war.

Sun-Ly Pierce as Nefertiti and John Holiday as Akhnaten in Philip Glass' "Akhnaten" at the Dorothy Chandler Pavilion

Sun-Ly Pierce as Nefertiti and John Holiday as Akhnaten in Philip Glass’ “Akhnaten” at the Dorothy Chandler Pavilion.

(Ariana Drehsler / For The Times)

In the opera, it so happens, the ghosts of Akhnaten, his wife and mother, have the last word in a glorious trio.

When first performed at L.A. Opera a decade ago, the lavish production, co-produced with English National Opera, helped recover a neglected opera. In the meantime, “Akhnaten” has gone practically mainstream. The Metropolitan Opera, which also mounted McDermott’s production, released it on CD and DVD, winning a Grammy for best opera recording.

Since then, the choreographer Lucinda Childs, veteran of “Einstein on the Beach,” has staged a stunningly chic “Akhnaten” in Nice, France, that is available on YouTube. Last year, director Barrie Kosky created a sensation with his staging at Komische Oper Berlin, which starred American countertenor John Holiday.

Holiday happens to be the Akhnaten in the L.A. Opera revival, and he is magnificent. McDermott had built his production around the gracefully emotive Anthony Roth Costanzo, slight and luminous in voice and build and game for nudity. If Costanzo’s disarming enthusiasm for the role has been significant in mainstreaming “Akhnaten,” Holiday, who is a very different presence, may be the next step.

Although he can be a popularly gregarious crossover performer, here he suggests a ruler of profound, unflappable dignity, rather than vulnerability. His hymn to Aten is an exercise in majesty, an ode not just to the sun but to the expanses in which our solar system circulates.

In general, the singers class up the production. Sun-Ly Pierce as Nefertiti and So Young Park as Queen Tye add allure. The large cast of smaller roles and chorus is excellent. Zachary James returns as both Amenhotep III, Akhnaten’s father, and the engaging narrator who occasionally threatens to get carried away. McDermott had perfectly employed James as the droll animatronic Disneyland Lincoln in his animation-friendly, slightly goofy production of “Perfect American” in Madrid, where the opera premiered. Here McDermott’s inspired staging demonstrated that Glass’ forgiving personal portrait of Walt Disney makes it the quintessential Hollywood opera that no one dares bring to squeamish Hollywood.

Zachary James as Amenhotep III in Philip Glass' "Akhnaten" at the Dorothy Chandler Pavilion.

Zachary James as Amenhotep III in Philip Glass’ “Akhnaten” at the Dorothy Chandler Pavilion.

(Ariana Drehsler / For The Times)

Hollywood, however, is hardly squeamish when it comes to synchronized jugglers. For McDermott, they suggest somber ritual and were, in fact, known in Akhnaten’s Egypt. For the audience, they are a thrill a minute. For Glass, they may take on deeper meaning now that the circus is where he landed 26 operas later.

As for Finnish conductor Dalia Stasevska, making her L.A. opera debut, she keenly keeps score and bounding balls together with cinematic flair. Glass removed violins from the orchestra to achieve a dark, primordial orchestral sound along with pounding percussion. Stasevska finds light, color and action. She conducts for the moment. Picturesque wind instruments suddenly burst forth as if a flock of birds were flying over the pyramids. Solo brass can sound momentous. The percussion pounds like nobody’s business, opening the score up to all the implied emotion and glitter on an over-stuffed stage.

Childs’ exalted use of dance and Kosky’s dazzling theatrical imagination may have moved us into a sleeker, more sophisticated and paradisal Glassian realm, but the sheer passion McDermott and Stasevska bring continues its own attraction.

In the meantime, McDermott has worked with Glass on a theatrical show, “The Tao of Glass,” that has been seen in New York and will run throughout much of the summer in London. In a better world of Glass, it would be running alongside “Akhnaten” at the Ahmanson. But the Labèque sisters will be at Walt Disney Concert Hall at the end of the month with a two-piano program based on Glass’ operatic Cocteau trilogy. Also check out L.A. Opera’s several excellent podcasts on “Ahkhnaten” — the company has quietly become a leader in the medium.

‘Akhnaten’

Where: Dorothy Chandler Pavilion, 135 Grand Ave., L.A.

When: Through March 22

Tickets: $33.50-$415

Running time: About 3 hours, 40 minutes, with 2 intermissions.

Info: (213) 972-8001, laopera.org

Source link

TOP NEWS

Trump administration doubles down on military action in Latin America | Donald Trump News

Mar 5, 2026 News Desk

The United States-Israeli war with Iran continues to rage, as Washington pledges to send more troops and military assets to the Middle East and Tehran widens its retaliatory strikes across the region.

But on Thursday, top officials under US President Donald Trump shifted focus to another military front: Latin America.

Recommended Stories

list of 3 itemsend of list

Since taking office for a second term, Trump has indicated he plans to exert US dominance over the entire Western Hemisphere. His push for control has coincided with military operations against alleged criminal networks across the region.

At Thursday’s inaugural “Americas Counter Cartel Conference”, speakers such as White House security adviser Stephen Miller assured reporters that Latin America would remain a top military priority for the US, regardless of events in the Middle East.

“We are not going to cede an inch of territory in this hemisphere to our enemies or adversaries,” Miller said, adding the US was “using hard power, military power, lethal force, to protect and defend the American homeland”.

Miller further maintained there is no “criminal justice solution” to drug cartels, which he likened to armed groups like al-Qaeda and ISIL (ISIS).

Organised crime, he concluded, “can only be defeated with military power”.

Since Trump took office last year, his administration has applied what experts describe as a “global war on terror” approach to Latin America, including by labelling drug cartels “foreign terrorist organisations”.

Figures like Miller, a key architect behind Trump’s hardline immigration policies, have championed the president’s militaristic approach, even as critics warn it raises human rights and legal concerns.

Last September, for instance, the administration began striking alleged drug-smuggling boats in the Caribbean and eastern Pacific Ocean, in what rights groups have decried as extrajudicial killings.

And in early January, the US launched an extraordinary operation to abduct Venezuelan leader Nicolas Maduro. It has since pursued a pressure campaign against Cuba designed to weaken its communist government.

Just this week, on Wednesday, the Pentagon announced it had launched joint operations with Ecuador’s military “against Designated Terrorist Organizations” in the South American country.

The announcement indicated a new front for US military actions in the region, which officials have said could include land operations.

But the broadening scope of Trump’s military involvement in Latin America, combined with the nascent war with Iran, has raised questions about the US’s ability to sustain such intense military activity.

Prepared to ‘go on offence alone’

The “Americas Counter Cartel Conference” came as Latin American leaders arrived in South Florida to attend a regional summit hosted by Trump at his Mar-a-Lago estate.

Attendees included officials from the Trump-allied conservative governments in Argentina, Honduras and the Dominican Republic.

But despite support from several regional governments, Secretary of Defence Pete Hegseth nevertheless told the audience that the US was “prepared to take on” Latin America’s cartels and “go on the offence alone, if necessary”.

“However, it is our preference — and it is the goal of this conference — that, in the interest of this neighbourhood, we all do it together,” Hegseth added.

The secretary also praised Trump’s take on the 1823 Monroe Doctrine, which sought to establish a US sphere of influence, separate from Europe, in the Western Hemisphere. Administration officials have dubbed Trump’s parallel approach the “Donroe doctrine”.

Hegseth framed the administration’s attacks on alleged drug-smuggling boats as a keystone of Trump’s effort to maintain regional influence.

The US military has carried out at least 44 aerial strikes on vessels in the Caribbean Sea and eastern Pacific Ocean, resulting in an estimated 150 known deaths.

The identities of the victims have not been released, with several family members saying fishermen and informal workers were among those targeted.

The Pentagon chief said the approach was meant to “establish deterrence”.

“If the consequence was simply to be arrested and then released, well, that’s a consequence they’d already priced in a long time ago,” Hegseth said.

He then pointed to a “few weeks” in February in which there were no strikes on alleged drug boats.

The pause in attacks, he said, was evidence of the strategy’s success. But that break notably came as the US surged assets to the Middle East.

Emphasis on ‘heritage’

Neither Hegseth nor Miller specifically referred to the war with Iran, but the pair touched on themes that have been present in the administration’s messaging on the war.

Trump, for example, said Iran’s government “waged war against civilisation itself”. There have been reports, meanwhile, that US military officials have referenced the biblical “end times” as a religious underpinning for the war.

Those remarks have reflected what critics consider Trump’s embrace of Christian nationalism and his view of the Americas as a European-derived “civilisation” threatened by outside forces.

At Thursday’s conference, Miller himself referenced violence in European history as justification for the modern-day military actions in Latin America.

There were periods in European history throughout the 18th and 19th centuries during which “ruthless means were used to get rid of the people who were raping and murdering and defying established systems of order and justice,” Miller said.

He also echoed Trump’s allegation that Europe was facing “civilisational erasure” as a result of left-wing leadership and immigration.

“The reason why many Western countries are struggling today is they’ve forgotten the eternal truth and wisdoms they once followed,” Miller said.

Hegseth, meanwhile, described all the countries at Thursday’s meeting as “offsprings of Western civilisation”.

Representatives in attendance, he said, faced a test “whether our nations will be and remain Western nations with distinct characteristics, Christian nations under God, proud of our shared heritage with strong borders and prosperous people ruled not by violence and chaos but by law”.

He added that foreign “incursions” represent “existential questions” for the region, seemingly referencing the growing influence of China as an economic and political partner in the Americas.

Source link

TRAVEL

North America is losing birds fast. Experts blame agriculture, warming

Mar 4, 2026 Travel Desk

WASHINGTON — Billions fewer birds are flying through North American skies than decades ago and their numbers are shrinking ever faster, mostly due to the combination of intensive agriculture and warming temperatures, a new study finds.

Nearly half of the 261 species studied showed losses important enough to be statistically significant, and more than half of those in decline have seen losses accelerate since 1987, according to a study published Thursday in the journal Science. The study is the first to look at trends in their decrease, where they are shrinking the most and what the declines are connected to, rather than total population.

“Not only are we losing birds, we are losing them faster and faster from year to year,” said study co-author Marta Jarzyna, an ecologist at Ohio State University. “Except for forest birds, almost every group is doing poorly. So we need to ask ourselves a question. How do we protect these groups of birds?”

The only consolation is that the birds that are shrinking in numbers the fastest are species — such as the European starling, American crow, grackle and house sparrow — that aren’t yet at risk of going extinct, said study lead author Francois Leroy, also an Ohio State ecologist.

“The thing is that species extinction, they start with a decline in abundance,” Leroy said, adding that “the decline is somehow maybe giving a preview of what it could lead to in terms of species extinction.”

Cornell University conservation scientist Kenneth Rosenberg, who wasn’t part of the study, said the species declining fastest in the new research “are often considered pests or ‘trash birds,’ but if our environment cannot support healthy populations of these extreme generalists and extremely adaptable species that are tolerant of humans, then that is a very strong indicator that the environment is also toxic to humans and all other life.”

A 2019 study by Rosenberg of the same bird species found North America had 3 billion fewer birds than in 1970, but didn’t look at changes in the rate of loss or causes.

Biggest bird losses in areas warming most

The biggest locations for acceleration of bird loss were in the Mid-Atlantic, the Midwest and California, the study found. And geography proved important when Leroy and Jarzyna looked for reasons why so many bird species are shrinking ever faster.

When it came to population declines — not the acceleration — the scientists noticed bigger losses farther south. When they did a deeper analysis, they statistically connected those losses to warmer temperatures from human-caused climate change.

“In regions where temperatures increase the most, we are seeing strongest declines in populations,” Jarzyna said. “On the other hand, the acceleration of those declines, that’s mostly driven by agricultural practices.”

Farmland issues speed up bird declines

The scientists found statistical correlations between accelerating decline and high fertilizer and pesticide use and the amount of cropland, Leroy said. He said they couldn’t say any of those caused the acceleration of losses, but it indicates agriculture in general is a factor.

“The stronger the agriculture, the faster we will lose birds,” Leroy said.

Jarzyna said there is a “strong interaction” between climate change and agriculture in their effect on bird populations.

“We found that agricultural intensification causes stronger accelerations of decline in regions where climate warmed the most,” Jarzyna said.

McGill University wildlife biologist David Bird, who wasn’t part of the study, said it was done well and that its conclusions made sense. With a growing human population, agriculture practices are intensified, more bird habitats are being converted to cropland, modern machinery often grind up nests and eggs, and single crop plantings offer less possibilities for birds to find food and nests, said Bird, the editor of “Birds of Canada.”

“The biggest impact of agricultural intensity though is our war on insects. Numerous recent studies have shown that insect populations in many places throughout the world, including the U.S., have crashed by well over 40 percent,” Bird said in an email. “Many of the birds in this new study showing population declines depend heavily on insects for food.”

Birds do a lot for humans

This study is both “alarming” and “sobering” because of the sheer numbers of losses and the patterns in those accelerating declines, said Richard Gregory, head of monitoring conservation science at University College London. He was not part of the research.

The paper shows that people need to change the way they live to reduce human-caused warming, reduce agricultural intensity, monoculture of crops and broad application of chemicals, said Cornell University ornithologist Andrew Farnsworth, who wasn’t part of the study.

“Here is why this study is especially important. Birds do a lot for humans,’’ McGill biologist Bird said in an email. ”They feed us, clothe us, eat pests, pollinate our plants and crops, and warn us about impending environmental disasters. With their songs, colors, and variety, birds enrich our lives … and recent studies show that their immediate presence actually increases our well-being and happiness and can even prolong our lives! To me, a world without birds is simply unfathomable.”

Borenstein writes for the Associated Press.

Source link

TRAVEL

New restaurants and pop-ups to try in Los Angeles in March 2026

Mar 1, 2026 Travel Desk

February was a short but busy month, with holidays Lunar New Year, Mardi Gras, Iftar and Lent all overlapping this year.

It also marked Black History Month, offering an opportunity to celebrate the culinary contributions of Black communities near and far, including resilient restaurants in Pasadena and Altadena, a 250-acre ranch in Acton that represents the largest Black-owned farm in L.A. County, and the legacy of the ‘Dean of Southern cuisine’ chef Joe Randall, who died at 79 after spending a half-century of amplifying African American culinary traditions. In Inglewood, Serving Spoon won the America’s Classic in California award from the James Beard Foundation, and will receive a medal at the ceremony this June.

With summer temperatures and clear skies this weekend, it’s hard to believe that just weeks ago, the city was hit with a week of heavy rainstorms. Several restaurants across the region were forced to temporarily close due to flooding, resulting in revenue loss and expensive repairs.

March brings the start of spring, which means we’re already seeing seasonal produce such as asparagus, peas and apricots appear on our favorite menus. Keep reading for more dining ideas this month, including the return of a globe-trotting cafe, a community-minded food hub in South L.A. and an Argentinian bistro with a connection to Bad Bunny’s Super Bowl performance.

Source link

TOP NEWS

DOD agrees to continue supporting Scouting America after ‘key reforms’

Feb 28, 2026 News Desk

Feb. 27 (UPI) — The Department of Defense reached an agreement with Scouting America to continue to support the organization after it committed to end its diversity, equity and inclusion initiatives.

Secretary of Defense Pete Hegseth said he had been considering an end to supporting the organization because of “significant cultural changes” it made in the early 2010s.

The 116-year-old organization changed its name from Boy Scouts of America to Scouting America, allowing girls to join and introducing programs that included various DEI themes.

“The Boy Scouts lost their way, and a once-great organization became gravely wounded,” Hegseth said in a statement.

“[DEI] crept in, the name was changed to ‘Scouting America,’ girls were accepted [and] the focus of God as the ruler of the universe was watered down to include openness to humanism and Earth-centered pagan religions,” he said in the statement.

Hegseth tied the move to an executive order President Donald Trump signed on his first day in office seeking to end “illegal discrimination and restoring merit-based opportunity,” including with the end of DEI programs among government agencies.

Scouting America said in a statement that it is making changes to align with DOD policies and goals as it has engaged in negotiations with the department for several months about its support for the organization.

The group said in a statement that it plans to waive registration fees for military families, launch a new merit badge focused on military service and veterans and reinforce its commitment to “scouting’s foundational ideas: leadership, character, duty to God, duty to country and service.”

As it has engaged the DOD about potential changes to its program, Scouting America said in the statement that it has “preserved our service to the more than 200,000 girls who participate in our programs.”

Noting that girls have participated in scouting since the 1960s, Scouting America said that its commitment to girls being part of the organization is “unwavering.”

Since 1910, more than 130 million people have participated in scouting programs and it is a well-known pipeline to the U.S. military based on its history showing that “scouts are significantly more likely to serve in uniform than the general population.”

Senate Majority Leader John Thune, R-S.D., speaks during a press conference after the weekly Republican Senate caucus luncheon at the U.S. Capitol on Wednesday. Photo by Bonnie Cash/UPI | License Photo

Source link

You missed

POLITICS

Judge dismisses DOJ suit over Minnesota tuition for undocumented students

Mar 28, 2026 Politics Desk
SPORT

Luka Doncic will serve one-game suspension for techs on Monday

Mar 28, 2026 Sports Desk
TOP NEWS

Nepal’s former prime minister arrested over protest crackdowns

Mar 28, 2026 News Desk
NEWS TODAY

Reza Pahlavi pledges to ‘make Iran great again’ at 2026 CPAC conference | US-Israel war on Iran News

Mar 28, 2026 News Desk