reward

I skied up to the highest mountain hut in the Swedish Arctic. My reward? A whiteout … | Sweden holidays

The light coming through the sleeper train window wakes me. It’s nearly time. Climbing down the ladder past the other snoozing occupants, I head into the corridor. A few hours ago there were only trees, an endless unfurling ribbon of spruce and birch. Now there is snow, vast banks of it. And sometimes, when the train roars through a big drift, great spumes of white blast out on either side, blocking any view.

In the restaurant car, I watch the map on my phone as a blue dot approaches a straight dashed line. A frozen lake and distant pale mountains appear. Then at 6.09am we cross the Arctic Circle. Forty-eight hours previously, I had been in London St Pancras station, queueing for the Eurostar. Now, five trains later, never having left terra firma, I am in the Arctic. Most of my fellow travellers are Swedes with hefty bags of skis and well-stocked sledges that look expedition-ready. With their weathered faces and lean muscle, they look intimidatingly capable.

My plan is a mini-expedition of my own: to ski to the highest mountain hut in the Swedish Arctic, and get back down in one piece. Because I have never used the particular type of skis required for going uphill, the plan seems ambitious.

The train passes through the mining town of Kiruna, then skirts the 43-mile (70km) long lake of Torneträsk. A pair of moose graze on the stunted birch trees. There are no more pines; we have passed beyond their limit of endurance. All around is the ethereal pale beauty of the hills, their summits soft with wind-puffed quiffs of snow powder.

At Björkliden, I disembark. The ski station is right next to the railway, which has almost reached its northernmost limit, curling through one more ski village, Riksgränsen, before heading west to the Norwegian port of Narvik. Within two hours of arriving, I am on skis, gingerly tackling a beginners’ slope.

Skiing in the Swedish Arctic has some immediate obvious differences to more southerly locations. After the spring equinox, the days are longer. By mid-May there is no darkness at all. You ski under the midnight sun. The weather is changeable and people pay special attention to the wind: the chill factor can be extreme. But there are similarities, too: I am still a wobbly skier. I take it easy. I spend a lot of time talking to veterans of the climb up to Låktatjåkko mountain hut.

“It’s 9km,” they tell me. “The last bit can be a challenge.”

I practise putting on my skins: long bands that fit over the underside of the skis and make them refuse to go backwards, even downhill. I cannot help wondering if it might be easier to walk, but I am soon corrected. “It’s going to snow heavily tonight. You would just sink up to your waist. And you need the skis to get back down.”

In hut pursuit: the writer skiing up towards Låktatjåkko.

The advice is to wait for the supply wagon to leave at 10am. It’s a tracked snowplough and will create a route to follow. There are also marker poles every 25 metres. I’m advised to wear an avalanche alarm and carry a lightweight folding shovel.

At 10am the next morning, I am outside the hotel, watching a company of Swedish soldiers in white combat suits ski away. The snowcat is loading up with food. There are passengers too. The driver confirms that it is often possible to go up without skiing at all, but there are no more seats.

I set off in the wake of its broad tracks. The ski skins work well. The sun is out, there is no wind and the views are stupendous. Five minutes later, I’m in a whiteout, struggling to spot the next marker pole, the snowcat long gone and its tracks fast disappearing. The temperature is -6C, and the wind is in my face and strengthening. I start counting steps. Despite the cold, I am down to two layers of clothing, wishing I had remembered the advice of the explorer Leo Houlding: “Be bold, start cold.” My respect for polar explorers has reached an all-time high. My respect for Sweden, too. What a marvellous country! They trust people to know their limits, look after themselves and be as tough as reindeer jerky. In my case, I’m not sure their trust is entirely well placed.

The final climb, as promised, is a tough one, but then the hut comes into sight, almost buried in snow, looking like the last frozen outpost on the far side of a freezing galaxy. It takes time to find the door.

Låktatjåkko mountain hut. Photograph: Wolfgang Kaehler/Alamy

Inside, the custodians, Vilma and Kicki, are preparing waffles with cloudberry jam, and the log burner in the snug is roaring. This astonishing retreat was constructed in the late 1930s and is now an acknowledged classic of its type, with simple bunkrooms, cosy public areas and a sauna. The only other guests are Martin and Johan, local skiers who have just made the harder ascent from Riksgränsen.

I munch through a plate of waffles. The top of the mountain is a tantalising 200 metres above the hut. I really want to make it. “Don’t ski,” advises Vilma. “Use snowshoes and just keep heading north.”

When blue sky reappears, I strap on the snowshoes and set off. I manage about 100 metres of the climb before the whiteout returns. Using a compass I plod on, but the lack of any visible markers is playing weird tricks on me. I spot a snowmobile up ahead, manned by two soldiers, but as I approach, the soldiers transform into swans and fly away. At that moment, I walk face-first into a snowbank.

This is my initiation into whiteout disorientation. Some skiers have reported feeling that they are moving when stationary; others, the opposite. Unhindered by visual reference points, the brain constructs its own reality.

I check my altimeter. I am 30 metres below the summit, but I can’t see how to get around this snowbank. My own tracks are now disappearing, so I return to the hut on a compass bearing and reward myself with more waffles.

The few day-trippers are gone, the fire is warm and the storm outside howling. Martin and Johan watch the weather anxiously from their armchairs. “Look,” shouts Martin at one point, “blue sky! I think it’s clearing.” But by the time he reaches the window, the whiteout has resumed. The evening passes in a fug of beer, stories and laughter.

Waffles with cloudberry jam are served in Låktatjåkko mountain hut. Photograph: Mattias Fredriksson

In the morning, the storm is still raging when the snowcat arrives. Martin and Johan are willing to ski down with me, but fearing I will hold them up, I cadge a lift. The next day, I move to Riksgränsen. There is a choice of accommodation, ranging from the boisterous fun of the main hotel to the superlative charm of Niehku Mountain Villa. Built in the old railway turntable buildings and decorated with a fascinating display of historical photos, this boutique hotel also has an excellent restaurant.

The next morning, the weather has improved and I am treated to a perfect day on the mountains, happily tootling around on blue runs while watching the experts carve powdery curves down near-vertical mountain slopes. It looks amazingly dangerous, but these locals know their limits. And so do I. Taking the easy route down, I make it to the cafe and order waffles with cloudberry jam.

The trip was provided by Visit Sweden. The writer travelled on a seven-day Interrail pass (adult £335, youth £252, senior £302, under-12 free). A one-day ski pass is £39. Låktatjåkko mountain lodge costs from £150 half-board. Further information at laplandresorts.se

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Why This California-Based Company Could Reward Patient Investors

This company pays a 5.4% yield that is growing consistently.

This is an uncertain world and there are very few sure things. As Ben Franklin once observed, “nothing is certain except death and taxes.” But I think investors can almost add a third thing to that item — the trusty real estate dividend stock Realty Income (O 1.10%) and its ability to keep paying investors, no matter what the market looks like.

Realty Income is perhaps the most reliable dividend stock you can find. And it’s a well-deserved mantle. Realty Income just declared its 664th consecutive monthly dividend since the company was founded in 1969 — a streak that goes back more than 55 years. The company has also increased its dividend 132 times in that period, giving Realty Income shareholders a rare blend of growth and income.

This California-based real estate investment trust (REIT), is a no-brainer dividend stock to buy, and is a perfect investment for anyone looking to build their dividend portfolio over a long period of time.

About Realty Income

Realty Income is based in California, but it has a massive presence. The company has 15,600 commercial properties, located in every U.S. state and much of Europe. Realty Income’s customers represent 91 separate industries and include more than 1,600 clients.

And most importantly, the company’s portfolio has an occupancy rate of 98.5% — meaning that Realty Income is assured of a consistent revenue stream. That’s how it can afford to pay a consistent, reliable monthly dividend. Industries the company leases property to include grocery stores, convenience stores, home improvement stores, dollar stores, restaurants, drug stores, health and fitness centers, and more.

The company also diversifies its portfolio, which means a catastrophic failure in an industry or by a single business won’t hurt its operations. Convenience store chain 7-Eleven is the biggest tenant  for Realty Income, and even then it’s only a 3.4% weighting.

Top 10 Clients

Portfolio Weighting

7-Eleven

3.4%

Dollar General

3.2%

Walgreens

3.2%

Dollar Tree

2.9%

Life Time Fitness

2.1%

EG Group Limited

2.1%

Wynn Resorts

2%

B&Q

2%

FedEx

1.8%

Asda

1.6%

Data source: Realty Income. Data as of June 30, 2025. 

Realty Income stock performance

Unsurprisingly, real estate stocks haven’t done well for much of the year. The S&P 500 real estate sector as a whole is up only 4%, thanks to the weak housing market and high interest rates that make borrowing more expensive. But Realty Income has been able to shake off those pressures. The stock is up 11% on the year, and when you calculate the total return of reinvesting dividend payments, the return is more than 15%.

O Chart

O data by YCharts

The company recorded $1.41 billion in revenue in the second quarter, up from $1.34 billion a year ago. Income was down, however, thanks to borrowing costs — the company recorded $196.9 million and $0.22 per share versus $256.8 million and $0.29 per share a year ago.

Realty Income lowered its full-year guidance, with net income now expected to be $1.29 to $1.33 per share, from previous guidance of $1.40 to $1.46 per share.

Shopper in a convenience store.

Image source: Getty Images.

The case for Realty Income

There’s nothing flashy about this stock. But that’s fine — not everything in your portfolio needs to be a shiny new toy. Realty Income’s strength comes with its consistency and long-term growth window.

An investment 10 years ago in Realty Income would give you $20,270 today, assuming that you reinvested all those dividends back into your stock. Had you pocketed the money, you’d still have $12,880 — which all goes to show the power of compound interest.

O Chart

O data by YCharts

And remember, because Realty Income is a REIT, it’s required by law to disburse 90% of its profits back to shareholders (the current yield is 5.4%). Because it’s a monthly payout instead of a quarterly check, investors get the proceeds quicker, and those funds can work for them rather than working for Realty Income.

If you are an income investor, you really can’t beat Realty Income for its business plan, diversification, and combination of growth and income. If you are a patient investor with a long-term view, Realty Income is a perfect dividend stock.

Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Realty Income. The Motley Fool recommends FedEx. The Motley Fool has a disclosure policy.

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Arsenal player ratings: Rice gets reward for brutal shift as Timber also shines but Mosquera struggles to replace Saliba – The Sun

DECLAN RICE was rewarded for his brutal shift as Arsenal battled back to beat Newcastle.

However, Cristhian Mosquera failed to make the most of his chance after he was thrust into the starting XI alongside Gabriel Magalhaes.

Mikel Merino celebrating his goal for Arsenal against Newcastle United.

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Mikel Merino was the hero for Arsenal against ArsenalCredit: Reuters
Cristhian Mosquera of Arsenal in action during the Newcastle United FC v Arsenal FC English Premier League match.

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Cristhian Mosquera struggled in the heart of the defenceCredit: Alamy

Arsenal were stunned in the first half after falling behind after a Nick Woltemade header in the 34th minute.

Mikel Arteta‘s side had dominated much of the first half and were denied a penalty by a VAR decision.

The visitors avoided defeat as Mikel Merino was the hero, nodding in an equaliser in the 84th minute.

The turnaround was complete as Gabriel scored in the winner in the dying seconds of the match.

Scroll down to see how SunSport’s Gary Stonehouse rated the Arsenal players’ performances…

DAVID RAYA – 6

Had very little to do and was let down by Gabriel for the goal.

Swept up well when needed.

JURRIEN TIMBER – 8

Strong performance from the Dutchman up against Anthony Gordon and he wasn’t found wanting once the game turned into a physical battle.

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Should have done better with a header when presented with a great chance to equalise but a strong performance from the full-back.

CRISTHIAN MOSQUERA – 4

His mis-kick gifted Newcastle the corner that led to their opener and he didn’t recover.

Billy Vigar dead: Ex-Arsenal star dies aged just 21 after suffering ‘significant brain injury’ hitting head during match

Struggled once the game turned into a scrap and by half-time his manager had seen enough as he was replaced by William Saliba.

GABRIEL – 6

Arsenal's Gabriel celebrates scoring their side's second goal of the game.

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Gabriel Magalhaes netted the winnerCredit: PA
Illustration of soccer player Gabriel Magalhaes's in-game stats, including a heatmap of his touches, 81 touches, 60 passes, 1 goal, 1 shot, 3 tackles, and 11 duels won.

Looked rattled up against Woltemade and his weak attempt to buy a foul allowed the German to nod home.

His head had gone after that and he was fortunate when no VAR check caught his swing at Woltemade before the break.

Looked a lot more confident and composed once Saliba joined him in the backline and he put a difficult afternoon behind him by holding off Dan Burn to head home the winner at the death.

RICCARDO CALAFIORI – 6

Marshalled Jacob Murphy well in the first half but offered little going up the other way.

Was fuming when the referee put a stop to him using a towel for a long throw.

Got hooked midway through the second half as the Gunners had to go for it, but not before going into the book for a daft foul.

EBERECHI EZE – 6

Eberechi Eze almost scored at St James' Park

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Eberechi Eze almost scored at St James’ ParkCredit: Getty
Illustration of Eberechi Eze's soccer stats: 90 minutes played, 4 shots, 35 passes, 2 dispossessed, 2 dribbles, 3 duels won, and a map of his on-field actions.

8

Forced Pope into an early save and unleashed another great strike before the break.

Was a constant threat throughout but he was bought to get goals in these big games and he failed to do that.

MARTIN ZUBIMENDI – 6

Struggled with the pace of the game at times and also failed to provide enough protection defensively, fortunately, he had Rice alongside him to help.

He did produce a fantastic outside of the boot pass to put it on a plate for Timber but that was the highlight of his afternoon.

DECLAN RICE – 8

Arsenal's Declan Rice challenges for the ball with Newcastle's Bruno Guimaraes.

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Declan Rice impressed in the midfieldCredit: AP
Heatmap and statistics for Declan Rice, showing 90 minutes played, 7 duels won, 104 touches, 3 tackles, 85 passes, and 10 crosses.

Tried his best to make things happen and did brilliantly to track Jacob Murphy and deny him a second.

Covered a lot of ground and got his reward when Merino capitalised on his brilliant cross.

BUKAYO SAKA – 6

Enjoyed a good battle against Dan Burn but the Toon defender just about edged it.

Helped out full-back Timber really well but just wasn’t his day up the other end.

LEANDRO TROSSARD – 6

Arsenal manager Mikel Arteta and player Leandro Trossard during a soccer match.

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Leandro Trossard was not at his bestCredit: AP
Illustration of Leandro Trossard's football match statistics including 88 minutes played, 1 shot, 27 passes, 2 crosses, 34 touches, 1 duel won, and a map of his touches on the field.

Another who tried his best to make something happen but he just couldn’t make it click.

Replaced late on without really causing too much of a threat.

VICTOR GYOKERES – 6

Headed straight at Nick Pope early on and then became the pantomime villain after being denied the penalty.

Rarely had a sniff after that as he struggled against the imposing Malick Thiaw and Sven Botman.

SUBS

WILLIAM SALIBA (for Mosquera, 46) – 7

Helped manage the physicality of Woltemade a lot better than the man he replaced.

The Gunners looked a lot more composed defensively while he was on the pitch.

GABRIEL MARTINELLI (for Saka, 70) – 6

Struggled to really get involved upon his arrival. Had one long-ranger late on but that was about it.

MIKEL MERINO (for Calafiori, 70) – 7

Mikel Merino, second from left, scores the opening goal for Arsenal during a soccer match.

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Merino’s perfect header levelled the scoresCredit: AP
Illustration of Mikel Merino's soccer performance with a field map showing player positions and a table of stats including 20 minutes played, 1 shot on target, 9 touches, 1 goal, 4 passes, and 1 cross.

Injected fresh life into the middle to keep Arsenal’s hopes of a comeback going and produced a great header to equalise. 

MARTIN ODEGAARD (for Zubimendi, 82) – 6

Could see Arsenal’s confidence grow as soon as he got on and he provided the magic for a winner. His brilliant corner was placed perfectly for Gabriel to head home.

MYLES LEWIS-SKELLY (for Trossard, 88) – 5

His pace was a threat during the closing stages but failed to carve open a clear-cut opportunity.

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Jordan: Palestinian statehood ‘an indisputable right, not a reward’ | United Nations

NewsFeed

Jordan’s King Abdullah II told the 80th United Nations General Assembly that Israel is “burying the very idea of a Palestinian state,” while blasting decades of international inaction. He urged recognition of Palestinian statehood as “an indisputable right, not a reward.”

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U.S. targets drug cartel leader with indictment, reward for arrest

Sept. 17 (UPI) — The Trump administration has announced the unsealing of an indictment and a multimillion-dollar reward for information on the leader of a Sinaloa Cartel-linked gang, as it cracks down on the infamous narcotics trafficking organization.

Federal law enforcement accuses Juan Jose Ponce Felix, also known as El Ruso, of being the leader of Los Rusos, a Mexican gang controlling the Mexicali drug trafficking corridor and a faction of the Sinaloa Cartel.

“Ponce Felix’s organization directly manages the distribution of millions of dollars’ worth of narcotics, particularly cocaine, fentanyl, methamphetamine and heroin, from Mexico to the U.S.,” the Drug Enforcement Administration said in a statement, adding with proceeds sent back to Mexico.

According to the State Department, Felix is not only the leader of Los Rusos, but its founder as the primary armed wing of La Mayiza, a powerful faction of the U.S.-designated Sinaloa Cartel.

La Mayiza was co-founded by Ismael Zambada Garcia, also known as El Mayo, who pleaded guilty in the United States in late August to being the leader of the criminal enterprise.

The DEA alleges that Ponce Felix, in 2012, before he became the leader of Los Rusos, worked with Zambada Garcia, leading a “fleet of cartel soldiers” in 2012, who conducted kidnappings, hostage takings, torture and murder.

He has been charged four times in two different California districts.

Along with the unsealing of the indictment, the State Department offered a reward of $5 million for information that leads to his arrest or conviction.

“For years, Ponce Felix has resorted to kidnapping, torture and murder to maintain his grip on power,” DEA Administrator Terrance Cole said in a statement.

“This reward underscores this administration’s whole-of-government approach and unwavering commitment to destroy the Sinaloa Cartel.”

The announcement comes weeks after the DEA led a four-day domestic operation from Aug. 25 to 29, targeting the Sinaloa Cartel, which resulted in 617 arrests and the seizure of drugs, 420 firearms and more than $11 million in U.S. currency.

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State Department offers $6 million reward in Russian crypto scheme

Aug. 14 (UPI) — The State and Treasury departments are offering rewards of up to $6 million for information leading to arrests in a Russian-operated cryptocurrency scheme, officials announced Thursday.

Garantex, a Russian-operated cryptocurrency exchange, allegedly used a series of criminals and cybercrime organizations to launder billions of dollars using hacking software, ransomware, terrorism and drug trafficking schemes, the FBI and Secret Service said.

“Between April 2019 and March 2025, Gartantex processed at least $96 billion in cryptocurrency transactions,” a release from the State Department said.

The State Department is offering individual rewards of $5 million and $1 million for Russian national Aleksandr Mira Serda, and other Garantex leaders.

The department is also targeting Grinex, a cryptocurrency exchange that was established as Garantex’s successor.

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US doubles reward for arrest of Venezuela’s President Maduro to $50m | Crime News

US Attorney General Pam Bondi says Venezuelan president one of the world’s ‘largest narco-traffickers’.

The United States has offered a $50m reward for information leading to the arrest of Venezuelan President Nicolas Maduro, doubling an earlier reward of $25m set by the Trump administration in January.

The US has accused the Venezuelan leader of being one of the world’s leading narco-traffickers and working with cartels to flood the US with fentanyl-laced cocaine.

In a video posted to social media on Thursday announcing the “historic” increase in reward money, US Attorney General Pam Bondi accused Maduro of collaborating with Venezuelan crime syndicates Tren de Aragua, Cartel of the Suns and the notorious Sinaloa Cartel in Mexico.

“He is one of the largest narco-traffickers in the world and a threat to our national security. Therefore, we doubled his reward to $50 million,” Bondi said.

“Under President Trump’s leadership, Maduro will not escape justice, and he will be held accountable for his despicable crimes,” she said, before giving the public a hotline phone number where they can report tips.

Bondi also said that the US Department of Justice had so far seized more than $700m in assets linked to Maduro, including two private jets, nine vehicles, and claimed that tonnes of seized cocaine had been traced directly to the president.

Venezuelan Foreign Minister Yvan Gil responded on the Telegram platform to Bondi’s announcement, saying it was “the most ridiculous smokescreen ever seen” and designed to distract attention from the Jeffrey Epstein controversy in the US.

“It does not surprise us, coming from who it comes from. The same one who promised a non-existent ‘secret list’ of Epstein and who wallows in scandals of political favours,” the minister said.

“Her show is a joke, a desperate distraction from her own miseries. The dignity of our homeland is not for sale. We reject this crude political propaganda operation,” he said.

Maduro was indicted in a US federal court in 2020, during the first Trump presidency, along with several close allies, on federal drug charges.

At the time, the US offered a $15m reward for his arrest. That was later raised by the Biden administration to $25m – the same amount the US offered for the capture of Osama bin Laden following the September 11, 2001, attacks.

In June, a former director of the Venezuelan military intelligence pleaded guilty to drug trafficking and narco-terrorism charges in the US, a week before his trial was set to begin.

Hugo Carvajal, who served in the government of the late President Hugo Chavez from 2004 to 2011, admitted guilt in four criminal counts, including narco-terrorism conspiracy, conspiracy to import cocaine and weapons charges.

US federal prosecutors had alleged the former major-general, along with other high-ranking Venezuelan government and military officials, led a drug cartel that attempted to “flood” the US with cocaine.

Hugo Cavajal attends a meeting.
Then-Venezuelan lawmaker Hugo Carvajal attends a meeting at the National Assembly administrative offices, in Caracas, Venezuela, in 2016. Carvajal, a former head of military intelligence, has pleaded guilty to drug trafficking charges by the US [File: Fernando Llano]

Carvajal had served as a diplomat representing Maduro’s government before breaking with him to support the country’s US-backed political opposition. He was extradited from Spain to the US in July 2023 following more than a decade-long campaign by the Justice Department.

Despite the US rewards, Maduro remains in power after his re-election as president in 2024 in a vote that was condemned as a sham by Washington, the European Union and several Latin American governments.

Last month, the Trump administration struck a deal to secure the release of 10 Americans jailed in Caracas in exchange for Venezuela seeing the return home of dozens of people deported by the US to El Salvador under the Trump administration’s new immigration crackdown.

Shortly after, the White House also reversed course and allowed US oil giant Chevron to resume drilling in Venezuela after it was previously blocked by US sanctions.



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State Department increases reward for info on al-Qaeda leader to $10M

The State Department is offering a $10 million reward for information identifying or locating al-Qaeda in the Arabian Peninsula leader Sa-ad Bin Atef al-Awlaki. Image Courtesy of the State Department

July 29 (UPI) — The State Department has increased to $10 million its reward for information leading to the identification or location of the leader of al-Qaeda in the Arabian Peninsula.

Sa’ad bin Atef al-Awlaki is the man the State Department says leads AQAP and has called for attacks against the United States and its allies.

Al-Awlaki also has led AQAP attacks against the United States and kidnapped Americans and other Westerners in Yemen in his prior role as the amir of the Shabwah province in Yemen, according to a State Department news release issued on Tuesday.

The State Department previously offered a $6 million reward for information identifying or locating al-Awlaki’s whereabouts via the Rewards for Justice program.

Al-Awlaki also goes by the names Sa’d Muhammad Atif and Jalaal al-Sa-idi and was born in Yemen sometime between 1978 and 1983.

He stands 5’6″ and has a thin build, according to the State Department.

The State Department also is offering rewards of $5 million and $4 million, respectively, for information leading to the identification or location of Ibrahim al-Banna and Ibrahim Ahmed Mahmoud al-Qosi.

Al-Banna and al-Qosi are part of the leadership team that assists al-Awlaki in his role as the leader of AQAP.

Anyone with information on al-Awlaki, al-Banna or al-Qosi can contact the Rewards for Justice office via Telegram, Signal or WhatsApp at +1202-702-7843.

Those using a Tor browser also can contact the Rewards for Justice’s Tor-based tipline at he5dybnt7sr6cm32xt77pazmtm65flqy6irivtflruqfc5ep7eiodiad.onion.

Congress created the Rewards for Justice program in 1984, which is administered by the State Department’s Bureau of Diplomatic Security.

The program offers rewards for information that helps protect American lives, U.S. interests and national security.

Since its inception, Rewards for Justice has paid out more than $250 million in rewards to more than 125 people who provided information that helped protect U.S. citizens and end threats to national security.

President Donald Trump leaves at the White House, Washington, on July 25, 2025. He is due to visit Scotland for a four-day visit. Photo by Will Oliver/UPI | License Photo

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Contributor: Taxing remittances is a big risk for very little reward

A proposal to tax remittances sent by individuals without Social Security numbers has passed the House and is now before the Senate. At 3.5%, the levy was initially expected to raise $26 billion over the next decade.

Changes made by the Senate on Saturday greatly narrowed the scope, so the tax would be 1%, and the yield only $10 billion over the next decade. However, the goals have remained the same: deter undocumented migration and recoup funds from those working outside legal status who send money to their families back home.

It might seem like easy money to tax migrants, but that doesn’t make it smart policy. The proposed tax risks undermining both financial transparency and national security. The policy would push billions of dollars into unregulated channels such as cryptocurrency exchanges, make law enforcement’s job harder and ultimately hurt the very communities the United States seeks to stabilize abroad for geopolitical reasons.

The U.S. is the world’s largest source of remittances, and Mexico has the highest dependency on them; 97% of the money Mexican expats send back home comes from the States ($64.75 billion in 2024). A 1% tax on remittances to Mexico alone could take much-needed funds away from migrants and their families and divert it to the state. While this might sound like a straightforward revenue win, the real-world impacts are more complicated and the slippery slope of allowing for remittance tax can have unintended negative consequences for everyone.

First, Mexican President Claudia Sheinbaum has already condemned the measure and said the government will “mobilize” against it. Other countries across Latin America and Southeast Asia, where remittances account for as much as 25% of GDP, are sounding alarms. The U.S. has long relied on economic diplomacy to build goodwill, and taxing remittances could erode that, making it harder to partner on border security, anti-trafficking efforts and the war on drugs.

Next, taxing formal transfers doesn’t stop people from sending money home, it just changes how they send it. And often, the next-best option is far worse. In states like Oklahoma, even modest fees led to a surge in informal money transfers. Similarly, the proposed federal tax, which some lawmakers have said should be up to 15%, is going to push migrants to remit through alternative systems including Chinese- or Russian-owned fintech companies, crypto platforms and cash-based means that operate outside the formal financial system. These underground methods are notoriously difficult to monitor and are exploited for money laundering, organized crime and terrorism financing. While most migrants are simply trying to support their families, moving funds through black market systems exposes them to the risk of being unknowingly entangled in illicit activity.

Federal agencies and academic experts have long cautioned that informal remittance systems complicate efforts to track illicit financial flows. When remittances are pushed out of the formal system, it becomes significantly harder to enforce safeguards designed to prevent money from being diverted to criminal or extremist actors. A federal remittance tax risks accelerating this shift underground, weakening oversight and inadvertently expanding a shadow market where the lines between legitimate and illegitimate transfers are increasingly blurred.

Meanwhile, enforcing such a policy brings its own set of problems. To begin, it outsources immigration enforcement to banks and wire services. A clerk at Western Union could soon be legislated to ask whether a sender has a Social Security number, flag suspicious transfers and carry out new compliance systems. These are all new responsibilities that might lead to an increase of transfer fees, which in the U.S. are already around 6%, increasing the burden on senders. Thus, the tax is a costly and complex undertaking — one that will affect legal residents and U.S. citizens, who even though not subject to the federal tax would still be paying the higher fees to subsidize companies’ compliance.

None of this excuses illegal migration. The U.S. has a right and responsibility to enforce its laws and protect its borders. But not every enforcement tool is effective, and they all deserve scrutiny.

Take the hypothetical example of a grandmother living in Arroyo Seco, Mexico, where one in four households receives U.S. remittances and remittance flows supersede the annual municipal budget. Her son, an undocumented migrant in the U.S., sends $400 a month to help with rent, medication and her grandchildren’s basic needs. An almost 10% levy (combining the proposed tax and transfer fees) would claw back $40 monthly, enough to force her to skip medication for herself or meals for the children. Multiply this story by millions, and you begin to see that this kind of economic destabilization doesn’t just erode household resilience but also weakens entire communities, fuels migration pressures and creates openings for criminal networks and authoritarian states to exploit financial desperation.

Taxing remittances won’t reduce undocumented migration but could fuel more. And it will drive flows underground, forcing families to rely on riskier and less accountable financial channels — such as unlicensed money transmitters operating through apps like WeChat Pay, which lack consumer protections and operate under opaque governance frameworks tied to foreign state interests. It will also burden and disincentivize the very institutions that make lawful transactions possible.

While the remittance tax might score political points, the long-term risk as well as geopolitical and institutional damages might not be worth the $10 billion.

Yvonne Su is the director of the Centre for Refugee Studies and an assistant professor of equity studies at York University in Toronto.

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U.S. offers reward to locate abducted Afghan American in Afghanistan

June 25 (UPI) — The United States is offering a reward of up to $5 million for information locating Mahmood Shah Habibi, an Afghan American businessman who was abducted in Afghanistan nearly three years ago.

The reward from the U.S. State Department’s Rewards for Justice Program was announced Tuesday by department spokeswoman Tammy Bruce, who said during a regular press briefing, “We have determined that he has been disappeared, and that he has not been heard from.”

According to a release from the FBI in August, Habibi, a contractor for Kabul-based telecommunications company Asia Consultancy Group, and his driver were kidnapped from their vehicle near his home in the Afghan capital on Aug. 10, 2022.

It is believed that he was taken by the Taliban along with 29 other employees of his company, all of whom, except for Habibi, have since been released.

“He has not been heard from since his initial arrest, and the Taliban has yet to provide any information regarding his whereabouts or condition,” the State Department said in a statement.

Bruce said they are hoping the $5 million reward will entice someone to come forward.

“It makes a difference in everyone’s lives that we might get some information about him,” she said.

The U.S. military withdrew from Afghanistan in 2021. In its absence, the Taliban regained control of the Middle Eastern country.

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Dodgers’ reward for bowing to Trump was a visit from federal agents

They groveled at his feet when they visited him at the White House in April, owner Mark Walter applauding when he lied about egg prices and team president Stan Kasten laughing at his attempts at humor.

They remained silent when he flooded their city with federal agents, chief marketing officer Lon Rosen refusing to comment on the racist kidnapping sweeps terrorizing the very community that helped them break attendance records.

And what did the Dodgers receive in exchange for betraying their fans and sucking up to President Trump?

A knock at the door from immigration enforcement.

The Dodgers learned what many Trump voters already learned, which is that Agent Orange doesn’t always reward subservience.

So much for all of their front-office genius. So much for staying out of politics.

Federal agents in unmarked vehicles formed a line at Dodger Stadium’s main entrance on Thursday, apparently with the intention of using a section of the parking lot as a processing center for detainees who were picked up during a morning immigration raid.

The Dodgers could look away when ICE was causing havoc in other parts of town, but even the morally compromised have limits. More than 40% of Dodgers fans are Latino. Transforming Dodger Stadium into ground zero for the administration’s war on brown people would be financial suicide for the franchise.

The agents were denied entry, according to the team.

There was speculation in and around the organization about whether the presence of the federal agents was a form of retaliation by a notoriously vindictive administration. Just a day earlier, the Dodgers said they would announce on Thursday plans to assist immigrant communities affected by the recent raids. In the wake of the visit, the announcement was delayed.

Ultimately, what did the Dodgers gain from their silent complicity with Trump?

They further diminished their stature as vehicles of inclusion, a tradition that included the breaking of baseball’s color barrier by Jackie Robinson and the expansion of the sport’s borders with the likes of Fernando Valenzuela, Hideo Nomo and Chan Ho Park.

They broke their sacred bond with the Latino community that was forged over Valenzuela’s career and passed down for multiple generations.

They at least resisted immigration agents’ efforts to annex their parking lot, but how much damage was already done? How much trust was already lost?

Consider this: When photographs of the unmarked vehicles in front of Dodger Stadium started circulating online, the widespread suspicion was that federal agents were permitted by the Dodgers to be there.

That was later revealed to be untrue, but what does that say about how the Dodgers were perceived?

Federal agents stand outside Gate E of Dodger Stadium on Thursday.

Federal agents stand outside Gate E of Dodger Stadium on Thursday.

(Myung J. Chun / Los Angeles Times)

Their announcement about their impending announcement looked like a cynical effort to reverse a recent wave of negative publicity, which started with Rosen refusing to comment on the immigration sweeps.

Asked if the Dodgers regretted visiting the White House, Rosen said, “We’re not going to comment on anything.”

On the day of the “No Kings” demonstrations, a 30-year-old performer named Nezza sang a version of the national anthem in Spanish that was commissioned in 1945 by the U.S. State Department under President Franklin D. Roosevelt.

Nezza, whose full name is Vanessa Hernández, later posted a video on her TikTok account showing a Dodgers employee directing her to sing in English. She disobeyed the order, explaining that because of what was happening in Los Angeles, “I just felt like I needed to do it.”

In subsequent interviews, Nezza said her agent was called by a Dodgers employee, who said Nezza was to never return to Dodger Stadium.

The Dodgers later clarified that Nezza wasn’t banned from the ballpark, but the incident nonetheless struck a chord. Reports of American citizens being detained or harassed have surfaced, creating a feeling the raids are as much about making brown-skinned people feel unwelcome as they are about deporting undocumented migrants. Nezza’s experience symbolized this feeling.

The incident resulted in widespread calls for a Dodgers boycott, which, coincidentally or not, was followed by the Dodgers teasing their announcement of support for immigrants.

The divisive environment created by Trump forced the Dodgers to take a side, however passively. Now, they have to win back angry fans who pledged allegiance to them only to be let down. Now, they have to deal with potential retaliation from the Mad King they pathetically tried to appease.

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