capital

WASHINGTON — Sen. Lloyd Bentsen (D-Tex.), chairman of the Senate Finance Committee, is examining ways to reduce capital gains taxes, it was reported today.

Bentsen told the Wall Street Journal in a telephone interview that he intends to ask his tax-writing committee to devise a bill that would raise federal revenues about $8 billion in fiscal 1990, which begins Oct. 1.

Such an increase would extend several tax breaks that are about to expire, including the credit for research and development expenditures.

Bentsen said a capital gains tax cut “is one of those things we’ll have to take a look at” as part of the tax package.

No group has claimed responsibility for the attacks, which took place amid the escalating Israel-US war on Iran.

A prominent hotel in central Baghdad’s heavily fortified Green Zone was struck by a drone, amid reports that Iraqi air defences intercepted an attack over the United States Embassy.

The strike on Monday evening hit the top floor of Al-Rasheed Hotel, causing damage but no casualties, according to two Iraqi security officials cited by The Associated Press (AP) news agency.

No group has claimed responsibility for the attack.

Security sources told the Reuters news agency that two Katyusha rockets had been intercepted that evening near the US Embassy in the Green Zone, which houses diplomatic missions as well as international institutions and government offices.

Earlier Monday, the Iran-backed Kataib Hezbollah announced that Abu Ali Al-Askari, a prominent security official with the paramilitary group, had been killed, without giving details on the circumstances.

Kataib Hezbollah is one of the largest groups in the Popular Mobilisation Forces (PMF) operating in Iran, which was founded in 2014 to stop lightning advances by ISIL (ISIS).

On the same day, AP reported that six PMF fighters were killed in a strike on a checkpoint in western Iraq’s Anbar province, and two others were killed in a separate strike on the headquarters of a PMF brigade in the same area.

Two Iraqi security officials told AP that the Majnoon oilfield in Iraq’s southern Basra province was targeted by two drones. No casualties were reported, and it was not immediately clear if there was damage to the facilities.

Iraq’s oil industry has been severely impacted by the US and Israel’s war on Iran and Iran’s closure of the Strait of Hormuz, a vital oil trading corridor.

Iraqi Minister of Oil Hayan Abdul-Ghani said in a video statement on Monday that a pipeline from the northern city of Kirkuk to Turkiye would be operational within a week, allowing the country to resume its oil exports, which have been interrupted by the ongoing war.

Also on Monday, air defences intercepted and shot down a drone near Erbil airport in the semi-autonomous Kurdish region of northern Iraq, according to security sources.

Caracas, March 10, 2026 (venezuelanalysis.com) – The Venezuelan National Assembly preliminarily approved a new mining law on Monday as part of continued efforts to attract foreign investment to the country.

Venezuelan Acting President Delcy Rodríguez had announced the new legislation last week during a visit from US Interior Secretary Doug Burgum alongside mining executives and urged parliament to act “swiftly.”

“This law will increase all the legal guarantees that can generate confidence and attract national and foreign investment,” said Orlando Camacho, a congressman from the ruling PSUV-led bloc, during the legislative session.

Camacho added that the bill is adapted to the Caribbean nation’s “present needs” and aims to take advantage of the country’s vast mineral riches, mostly located in the country’s Southeast.

Monday’s vote was endorsed by the pro-government legislative majority. Opposition deputies abstained, complaining that they received the draft less than one hour before the parliamentary session. The text will be subject to consultations and proposals before being put to a second and definitive vote in the coming weeks. 

Consisting of 126 articles split into 19 sections, the bill establishes regulations for small, medium, and large-scale mining, as well as the state’s ability to declare certain minerals as strategic and reserve areas for security purposes. It also creates a “social fund” to support mining workers, an oversight superintendency, and a state-run data bank.

Concerning mining activities, the proposed law establishes that joint ventures, private corporations, and small-scale artisanal mining groups are allowed to receive concessions. The new law will replace a 2015 decree that imposed state control over mining exploration, as well as the 1999 Mining Law.

The legislation establishes concessions of up to twenty years that can be renewed for two additional ten-year periods. The issuing of contracts is the responsibility of the Ministry of Ecological Mining Development and will not require National Assembly approval. Corporations are also entitled to several tax breaks, likewise granted at the ministry’s discretion, and can take disputes to international arbitration outside the Venezuelan court system.

The Venezuelan government is also seeking to reorganize the mining sector. A decree published on Friday ordered the Venezuelan General Mining Company (MINERVEN) to be absorbed by the Venezuelan Mining Corporation (CVM).

The mining reform follows a similar pro-business overhaul of Venezuela’s Hydrocarbon Law in January. In an interview, National Assembly President Jorge Rodríguez vowed that parliament would “adapt” laws to attract US investors in the wake of the January 3 US military strikes and kidnapping of President Nicolás Maduro

During his visit last week, Burgum touted Venezuela’s mineral riches and potential opportunities for Western conglomerates. On Friday, the Trump official announced the arrival of US $100 million worth of Venezuelan gold as part of a deal involving Trafigura to export up to 100 tons of gold doré bars worth approximately $165 million.

However, Caracas is not expected to immediately receive the revenue. The US Treasury issued General License 51 (GL51) allowing US entities to purchase, transport and resell Venezuelan-sourced gold but mandating that proceeds be deposited in US government-run accounts before being returned to Venezuela under conditions dictated by the White House.

The sanctions waiver additionally blocks transactions with companies from Cuba, Iran, Russia, and North Korea, and bans involvement in exploration and refining activities.

In tandem, the Trump administration reportedly issued a 30-day license allowing select companies, including Canada’s Gold Reserve, to negotiate mining concessions with the Venezuelan government.

Venezuela possesses vast proven reserves of gold, iron, and bauxite, in addition to lesser quantities of copper and nickel. Analysts have also drawn attention to Venezuela’s significant reserves of coltan, which has important military, aerospace, and electronics applications, as well as unproven deposits of rare earth minerals.

Former President Hugo Chávez sought to end foreign mining concessions in the 2000s, pushing instead for the state to play a leading role and link extraction activities to its basic industries in sectors such as steel and aluminum. 

The Chávez government likewise revoked a number of concessions from Western mining companies. Several of them, including Canada’s Crystallex and Gold Reserve, went on to secure compensation via international arbitration bodies.

Since 2015, the Nicolás Maduro administration looked to mining as a potential revenue source amid escalating US sanctions, particularly in the 112,000 square-kilometer Orinoco Mining Arc. Nevertheless, the sector was likewise hit by unilateral coercive measures, while the proliferation of irregular mining groups has generated environmental concerns.

Edited by Lucas Koerner in Fusagasugá, Colombia.

The Ducks bolstered their blueline Thursday night in anticipation of ending their long playoff drought, acquiring veteran defenseman John Carlson in a trade with the Washington Capitals.

In exchange for Carlson, the Ducks will send a conditional first-round pick (2026 or 2027 draft) and a third-round pick (2027) to Washington.

Carlson, who played an integral part of the Capitals’ 2018 Stanley Cup win and is a former Norris Trophy runner-up for the NHL’s top defenseman, should bring a veteran presence to a young Ducks team that is on pace to make the playoffs for the first time since 2017.

“John Carlson brings leadership, character, a high hockey IQ and a presence to our lineup,” Ducks general manager Pat Verbeek said in a statement. “We are very excited to add a Stanley Cup winner to complement our group and make a big push down the stretch.”

Set to become a free agent this offseason, Carlson had 10 goals and 46 points in 55 games with the Capitals this season. He led all Washington skaters in ice time, averaging more than 23 minutes per game.

Carlson, however, has not played since Feb. 5 because of a lower-body injury. It’s unclear when he might make his Ducks debut, but was practicing with the Capitals before the trade. When he does get into the lineup, he’ll join Jacob Trouba and Radko Gudas as part of a formidable right-side defensive trio for the Ducks.

In 1,143 career games over 17 seasons entirely with Washington, Carlson recorded 771 points (166 goals, 605 assists) — ranking him 24th all-time among NHL defensemen. He also had 78 points in 137 playoff games. A two-time All-Star, Carlson played for the U.S. at the 2014 Sochi Olympic Games and in the 2016 World Cup of Hockey. He also scored the winning goal for the U.S. in the 2010 World Junior Championship.

The Ducks are second in the Pacific Division and have won 13 of their last 16 games. They face the Montreal Canadiens on Friday and the St. Louis Blues on Sunday before embarking on a four-game Canadian road trip.

The Carlson deal was finalized roughly 14 hours before Friday’s NHL trade deadline at noon PST.

Explosions have rung out across Tehran as the war entered its fourth day with the United States and Israel continuing to pound Iran’s capital and numerous other cities and locations after the assassination of Supreme Leader Ali Khamenei.

Iran continued on Tuesday to retaliate against Israel and throughout the Gulf where nations host US assets.

At least 787 people have been killed in US-Israeli strikes on a minimum of 131 cities across Iran, the Iranian Red Crescent Society said on Tuesday.

Israel’s military said it had “struck and dismantled” the headquarters of Iran’s state radio and television broadcaster, the Islamic Republic of Iran Broadcasting (IRIB), accusing it of “calling for the destruction of the State of Israel and for the use of nuclear weapons”.

In a post on Telegram, IRIB reported explosions near its headquarters in Tehran but said there had been no disruption to its operations.

Tehran’s streets have been largely deserted as people take shelter during the air strikes.

Iranian media also reported explosions in the city of Karaj, just outside Tehran, as well as in the central city of Isfahan.

Iran held a mass funeral on Tuesday for 165 schoolgirls and staff killed on Saturday in what Iran said was a US-Israeli attack on a school in the southern city of Minab.

Loud explosions have been heard in Doha, the capital of Qatar, as defence systems shot down incoming Iranian missiles. Falling debris ignited large fire that sent plumes of black smoke rising above the city. Iran has hit multiple Gulf states as it responds to US-Israeli attacks.

Israel and the United States launched an air campaign against Iran on Saturday, striking Tehran and several other cities in what President Trump said was the start of “major combat operations.”

The attacks began with Israeli strikes Saturday morning — a workday in Iran — on Tehran, the capital, with residents speaking of attacks near the presidential palace and Iran’s National Security Council.

There were also reports of Israeli strikes on the Ministry of Intelligence, Ministry of Defense, the Atomic Energy Organization of Iran and a military complex.

Israel’s defense minister said the “pre-emptive strike” was to “remove threats against the State of Israel”.

It remains unclear the extent of the campaign and what its ultimate aim will be. But in an eight-minute recorded video message on Truth Social, Trump outlined a maximalist strategy that would see much of what he called “this very wicked, radical dictatorship from threatening America and our core national security interests.”

“We are going to destroy their missiles and raze their missile industry to the ground. … We are going to annihilate their navy. We are going to ensure that the region’s terrorist proxies can no longer destabilize the region or the world, and attack our forces,” he said. “And we will ensure that Iran does not obtain a nuclear weapon.”

He urged Iranians to take over their government.

“This will be probably your only chance for generations,” he said. “For many years, you have asked for America’s help, but you never got it. No president was willing to do what I am willing to do tonight.”

Trump also said U.S. military forces “may have casualties.”

Iran’s IRNA news agency quoted a source in the presidential office who said Iranian President Masoud Pezeshkian was unharmed in the strike.

Besides the capital, explosions could be heard in other the cities, including Isfahan, Karaj, Kermanshah and Qom, according to Iranian state media.

Both Israel and Iran shut down their airspace.

Cellphone and internet communications were disrupted shortly after the attacks began. Multiple Iranian state news websites also appear to have been hacked.

There was no immediate official response from Iran, but Ebrahim Azizi, the head of the Iranian parliament’s national security commission, vowed retaliation.

“We warned you!” he wrote on social media. “Now you have started down a path which end is no longer in your control.”

Residents reported hearing sounds of missiles flying over cities in Jordan, Syria and Lebanon in what was thought to be a missile barrage from Iran against Israel.

The attacks come two days after the U.S. and Iran concluded a third round of Oman-brokered negotiations in Geneva aimed at reducing tensions and stopping the prospect of war.

On Friday, Trump expressed displeasure with the pace of the talks, saying the Iranian side were not negotiating in “good faith” or giving in to U.S. demands. But Oman’s Foreign Minister Badr Albusaidi said a deal was “within reach.”

Air force plane transporting cash veers off runway and into busy road; crowds scramble for scattered banknotes in the wreckage.

At least 20 people have been killed and more than 30 injured after a Bolivian Air Force Hercules transport plane, carrying a cargo of newly printed banknotes, crashed onto a busy highway while attempting to land in bad weather near the capital, La Paz.

The military plane was attempting to land on Friday evening at El Alto International Airport when it skidded off the runway and ploughed into a nearby road, local authorities said.

“There are about 20, maybe a few more,” Police Colonel Rene Tambo, head of the police homicide division in El Alto, said of the number of people killed.

Defence Minister Marcelo Salinas said the Hercules C-130 “landed and veered off the runway” and came to a stop in a field.

Firefighters responding to the crash successfully extinguished a fire that broke out, the minister said, noting that the cause of the crash remains under investigation.

“A heavy hailstorm” was falling and “there was lightning” when the plane went down, Cristina Choque, a 60-year-old vendor whose car was struck by plane wreckage, told the AFP news agency.

Footage shared on social media showed chaotic scenes as crowds gathered at the crash site.

Some people appeared to collect banknotes scattered among debris from the aircraft, the wrecked vehicles and the bodies of victims.

Authorities used water hoses and tear gas to push back onlookers and looters.

The Ministry of Defence, in a statement, said later that “the money transported in the crashed aircraft has no official serial number… therefore it has no legal or purchasing power”.

The ministry also warned that the “collection, possession, or use” of the money “constitutes a crime”.

Bolivian Air Force General Sergio Lora said that two of the six crew members of the aircraft were still unaccounted for.

The central bank was expected to brief reporters later on Friday regarding the stricken plane’s cargo.

Bolivia’s La Paz, situated at an altitude of 3,650 metres (11,975 feet) and surrounded by Andean mountain peaks, is the highest administrative capital in the world.