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Weeks after the Republicans’ triumphant performances in the November elections, it is primary day once again in Northwest Florida.

Voters in Florida’s 1st Congressional District will select a GOP candidate on Tuesday, who will likely succeed former Rep. Matt Gaetz, R-Fla., in the House of Representatives.

The district, which covers part of the Florida panhandle, is heavily Republican. President Donald Trump won the area in his last three elections, and Gaetz himself held the seat from January 2017 until he resigned late last year.

There are 10 Republicans running to replace Gaetz in the Tuesday primary.

They include Aaron Dimmock, whom ex-House Speaker Kevin McCarthy, R-Calif., backed last year in a bid to force Gaetz out of office.

Gaetz had triggered the maneuver that eventually led to McCarthy’s ouster from power after less than a year as House speaker.

However, the favorite going into the race is likely Jimmy Patronis, who has been endorsed by Trump and House Speaker Mike Johnson, R-La.

‘A fourth generation Floridian from the beautiful Panhandle, and owner of an iconic seafood restaurant, Jimmy has been a wonderful friend to me, and to MAGA,’ Trump wrote on his Truth Social platform earlier this month.

‘As your next Congressman, Jimmy will work tirelessly alongside of me to Grow our Economy, Secure our Border, Stop Migrant Crime, Secure our Border, Strengthen our Brave Military/Vets, Restore American Energy DOMINANCE, and Defend our always under siege Second Amendment.’

Tuesday is also bringing a special primary election for Florida’s 6th Congressional District to replace Trump’s new national security adviser, former Rep. Mike Waltz, R-Fla.

Both general elections, expected to be won by Republicans, will take place April 1.

Gaetz resigned from Congress abruptly last year after Trump tapped him to be his attorney general, though Gaetz eventually withdrew himself from consideration amid growing Republican opposition.

It also came as the House Ethics Committee had been preparing its report on allegations against Gaetz that included illicit drug use and sex with a minor, all of which he has denied.

This post appeared first on FOX NEWS

The Senate is poised to vote on whether to confirm President Donald Trump’s nominee to head the Department of Transportation over the next four years.

Trump tapped Sean Duffy, a former congressman, a father of nine and a former Fox News host, to serve as secretary of transportation under his administration, calling him a ‘tremendous and well-liked public servant.’

Duffy underwent a grilling by the Senate Commerce, Science, and Transportation Committee this month, eventually advancing to a full Senate vote with unanimous, bipartisan support.

A cloture vote for Duffy’s confirmation was held Monday evening, which, upon its passing, meant the chamber would conclude its debate over his nomination and proceed to a final vote.

The Senate is scheduled to vote on whether to confirm Duffy on Tuesday afternoon.

If confirmed, Duffy will assume the position last held by former President Joe Biden’s transportation secretary, Pete Buttigieg.

Buttigieg faced criticism from both Democrats and Republicans for his handling of transportation issues over the years, such as waiting 10 days to address the 2023 Ohio train derailment and widespread calls to hold airlines accountable for flight delays.

As the new administration takes shape, lawmakers are making suggestions about what they would like to see in the new transportation head.

Republican Sen. Mike Lee of Utah called for the Trump administration to abolish the Transportation Security Administration. 

Additionally, during Duffy’s confirmation hearing, Sens. Marsha Blackburn, R-Tenn., and Ted Budd, R-N.C., highlighted the importance of making sure Hurricane Helene victims are ‘not forgotten’ after a stretch of a highway in North Carolina collapsed into the Pigeon River.

Tuesday’s vote comes as Senate Republicans have been working to confirm Trump’s Cabinet nominees, holding a rare vote on Saturday to push through Kristi Noem as secretary of Homeland Security.

This post appeared first on FOX NEWS

People across China are hailing the success of homegrown tech startup DeepSeek and its founder, after the company’s newest artificial intelligence model sent shock waves through Silicon Valley and Wall Street.

“DeepSeek overturns the US stocks overnight” one trending hashtag with tens of millions of views proclaimed on Chinese social media platform Weibo. “DeepSeek makes Meta panic,” said another, in reference to the US tech giant that’s invested heavily in developing its own AI models.

More than a dozen hashtags related to the cutting-edge technology were trending on Weibo early this week as DeepSeek surged to the top of international app store charts, surpassing American company OpenAI’s ChatGPT on Monday.

DeepSeek founder Liang Wenfeng was also hailed as a tech visionary who could help China usher in a culture of innovation to rival that of Silicon Valley.

The engineer-turned-entrepreneur, who rarely gives interviews, is known for hiring only domestic talent and keeping his AI models open source, allowing other companies or users to test and build upon the model.

Liang, a co-founder of AI-oriented hedge fund High-Flyer Quant, founded DeepSeek in 2023. The startup’s newest model DeepSeek R1, unveiled on January 20, can nearly match the capabilities of its far more famous American rivals, including OpenAI’s GPT-4, Meta’s Llama and Google’s Gemini. However, it cost less than $6 million to build, the company claims – a fraction of the investment from those other firms.

Famed tech investor Marc Andreessen hailed the model as a “Sputnik moment” and US President Donald Trump on Monday called the breakthrough a “wake-up call” for America in its rivalry with China. Technological dominance, especially in AI, has become a key battleground between the two powers, with the US in recent years limiting Chinese firms’ access to chips that could power rapid AI development.

Analysts say that more information is needed to verify DeepSeek’s claims about its product’s pricetag and point out that the app operates within the stringent restrictions on speech and information imposed by the Chinese government. That means its AI assistant’s answers to questions on the Tiananmen Square massacre or Hong Kong’s pro-democracy protests will mirror Beijing’s line – or a response will be declined altogether.

But for many in China, the success of the technology – and Liang’s vision and ethos for DeepSeek – mark a significant step forward for the country in a competitive international arena.

“No matter how powerful the old guard is, they may be overturned overnight,” read one triumphant comment on Weibo with over a thousand likes.

“(Liang’s) achievements … can be called a national destiny,” another read.

‘Changing the rules of the game’

Born in the 1980s as the son of a primary school teacher, Liang grew up in a small city in China’s southern province of Guangdong. He went on to study information and electronic engineering at Zhejiang University, a prestigious school in China’s eastern tech hub Hangzhou, according to Chinese state media.

Early business associates interviewed by state-linked financial outlet Yicai in recent days remembered the future DeepSeek founder as a bit “nerdy” and recalled “a terrible haircut” he sported in the past.

Liang talked about his idea of training large AI models and “changing the rules of the game,” but no one took him seriously, the outlet reported, without naming the early associates. Such feats were typically only deemed possible for China’s tech giants like ByteDance or Alibaba, it said.

Liang co-founded his AI-oriented hedge fund High-Flyer Quant in 2015, less than decade after he finished his undergraduate studies, according to state media reports. The fund incorporates AI machine learning models into its operations, according to the company’s website.

At the same time, the firm was amassing computing power into a basketball court–sized AI supercomputer, becoming among the top companies in China in terms of processing capabilities – and the only one that was not a major tech giant, according to state-linked outlet The Paper.

In 2023, Liang founded DeepSeek, with a focus on advancing the field of general artificial intelligence – and, apparently, revamping China’s culture around innovation.

“We often say there’s a one or two-year gap between China and the US, but the real gap is between originality and imitation. If this doesn’t change, China will always be a follower,” Liang said in a rare media interview with the finance and tech-focused Chinese media outlet 36Kr last July.

The rise of DeepSeek roughly coincides with the wind-down of a heavy-handed state crackdown on the country’s tech giants by authorities seeking to re-assert control over a cohort of innovative private firms that had grown too powerful in the government’s eyes.

But Beijing has also placed tremendous emphasis on cultivating technological prowess, with Chinese leaders vowing over the past year to boost self-reliance and strength in technology – especially in the face of mounting tech competition with the United States.

Liang appeared to reference difficulties posed by US tech export controls – saying in the 36Kr interview last year that his company’s challenges have not been about money, but the embargo on “high-end chips.”

But he also expressed optimism about China’s ability to compete in the future.

“When society allows hardcore innovators to succeed, collective thinking will change. We just need more concrete examples and processes,” Liang told the outlet.

‘We don’t do mediocre’

The company, which has teams in Beijing and Hangzhou, has remained small, with just under 140 researchers and engineers, according to state media – a far cry from the large firms both in China and the US that have led the creation of AI models.

DeepSeek’s employees have been recruited domestically, Liang said in the same interview last year, describing his team as fresh graduates and doctorate students from top Chinese universities.

“The top 50 talents may not be in China, but maybe we can create such people ourselves,” he told 36Kr, noting that the work is divided “naturally” by who has what strengths. “Innovation first requires confidence. This confidence is usually more obvious in young people,” he added.

Zihan Wang, a former DeepSeek employee now studying in the US, told MIT Technology Review in an interview published this month that the company offered “a luxury that few fresh graduates would get at any company” – access to abundant computing resources and the freedom to experiment.

The whole team shared a “collaborative culture” around research, Wang said.

Active recruitment ads on the DeepSeek website and major job seeking sites show the company hiring deep learning researchers, engineers, and user interface designers.

Among them, the highest paid engineers’ positions are listed with a monthly salary range of up to 90,000 yuan ($12,400). By comparison, the higher end of the base pay for a Google software engineer is upwards of $29,000, according to tech industry salary insight platform levels.fyi.

A post on DeepSeek’s official Wechat social media account declares that the company’s devotion is to “exploring the essence of AGI” or artificial general intelligence. “We don’t do mediocre things and answer the biggest questions with curiosity and a far-reaching vision,” the post added.

This post appeared first on cnn.com

Mining giants Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTC Pink:GLCNF) have been making headlines this week following news that they were previously in merger discussions.

In a January 18 article, Reuters said the companies reportedly had “brief” conversations late last year; however, a source told the news outlet that these talks ultimately led nowhere and are no longer active.

A source with direct knowledge of the situation told the news outlet Rio Tinto had questions about how much money it would have to spend, as well as about cultural compatibility with Glencore, which is a Swiss firm.

‘Glencore is a trader … and their operating assets are nothing but a captive source of material for them to trade against. The clash culture would be quite something … but any deal can be done at the right price,’ Abel Martins Alexandre, previously a Rio Tinto treasurer and a former managing director at Lloyds Bank, commented.

Speaking to CNBC, Maxime Kogge, equity analyst at Oddo BHF, said the companies “have limited overlapping assets.” In her view, copper is the only place where Rio Tinto and Glencore have synergies.

Both Rio Tinto and Glencore had not released any statements regarding the matter at the time of this writing.

Glencore previously offered to merge with Rio Tinto in 2014, but Rio Tinto rejected the idea.

A major transaction occurred between the two firms years later, with Glencore announcing plans to acquire Rio Tinto’s 82 percent interest in the Hail Creek coal mine and adjacent coal resources in 2018. The deal was for total cash consideration of US$1.7 billion, and included a 71.2 percent interest in the Valeria coal resource in Central Queensland.

Last year, both companies made significant partnerships with other notable mining companies.

This past December, Rio Tinto signed a term sheet with Sumitomo Metal Mining (TSE:5713) through which they will advance the Winu copper-gold project in Western Australia in a joint venture. In October, the company said it would acquire Arcadium Lithium (NYSE:ALTM,ASX:LTM) in a bid to meet growing demand for lithium in electric vehicle production.

Meanwhile, Glencore, closed its acquisition of a 77 percent interest in Elk Valley Resources from Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK)in July 2024.

Major mining sector deals in 2024

Last year, a mix of successful and failed mergers and acquisitions were made in the mining industry.

Among the biggest was BHP’s (ASX:BHP,LSE:BHP,NYSE:BHP) attempt to acquire Anglo American (LSE:AAL,OTCQX:AAUKF), which eventually ended in May with a rejection.

The six week pursuit reached a total of three offers, with Anglo saying that the deal did not meet its expectations.

In October, media outlets reported that BHP “has moved on” from Anglo. The mining giant later released a statement on the matter, explaining, ‘The UK Takeover Panel Executive has confirmed that the comments made will not be treated as a statement of intention not to make an offer in respect of Anglo American.’

BHP was successful in a separate transaction this past July, when it agreed to acquire 100 percent of Filo with Lundin Mining (TSX:LUN,OTC Pink:LUNMF). The US$6.7 billion transaction recently closed.

Toward the end of the year, Northern Star Resources (ASX:NST,OTC Pink:NESRF) entered into a binding scheme implementation deed to acquire De Grey Mining ( ASX:DEG,OTC Pink:DGMLF) and its Hemi gold project.

Under the deal, the total equity value for De Grey is approximately AU$5 billion on a fully diluted basis.

Implementation of the acquisition scheme is expected between April and May 2025.

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

This post appeared first on investingnews.com

A premarket tech stock selloff extended into the cryptocurrency market on Monday (January 27) ahead of a data-packed week that includes interest rate announcements from the US Federal Reserve and Bank of Canada.

The selloff began after DeepSeek, a Chinese rival to OpenAI, became the top free app in the Apple Store over the weekend. DeepSeek-R1, which was released on January 10, can reportedly perform reasoning tasks just as well as OpenAI’s o1, but costs less and is a partially open system that allows researchers to study it.

ByteDance also released Doubao-1.5-pro, an upgrade to its flagship artificial intelligence (AI) model last week, claiming it outperforms OpenAI’s o1 in AIME, a benchmark test that measures how well AI models understand and respond to complex instructions. ByteDance is the owner of popular social media app TikTok.

Reuters later reported that outages were affecting DeepSeek as its popularity skyrocketed.

For its part, OpenAI unveiled its AI agent, Operator, on January 23, launching in the US for ChatGPT Pro users; it has no immediate plans to expand the release to Plus, Team or Enterprise customers. Operator is trained to interact with graphical interfaces online, allowing it to “see” web browsers and perform tasks such as making reservations. It can reportedly self-correct if it makes a mistake and will hand control back to the human user if it runs into challenges.

Elsewhere, Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg posted a projection of his company’s AI spending targets, indicating that Meta plans to spend between US$60 billion and US$65 billion on AI in 2025.

The funds will primarily be used to build a data center so large that it “covers a significant part of Manhattan.” The data center will power an AI engineer, which will contribute to the company’s research and development efforts.

With the release of DeepSeek, the level of spending and investment in AI by western countries is suddenly facing higher levels of scrutiny, with a cheaper alternative readily available and popular with consumers.

“We still don’t know the details and nothing has been 100 percent confirmed in regards to the claims, but if there truly has been a breakthrough in the cost to train models from US$100 million+ to this alleged US$6 million number this is actually very positive for productivity and AI end users as cost is obviously much lower meaning lower cost of access,” Reuters quotes Jon Withaar, a senior portfolio manager at Pictet Asset Management, as saying in a Monday article.

Researchers for the small Hangzhou startup behind DeepSeek wrote in a paper last month that the DeepSeek-V3 model was trained using NVIDIA’s (NASDAQ:NVDA) H800 chips, which were initially developed as a reduced-capability product to get around US restrictions on sales to China. Training the model reportedly cost less than US$6 million.

US sanctions subsequently banned the chips. If DeepSeek is able achieve these results with mid-level chips, it challenges the narrative that advanced computing abilities are necessary.

Tech stocks and crypto react to DeepSeek news

Tech stocks tumbled Monday, with the Nasdaq-100 (INDEXNASDAQ:NDX) sinking nearly 3 percent to record its biggest drop since September 2022. The S&P 500 (INDEXSP:.INX) fell 1.7 percent.

Chipmakers like Taiwan Semiconductor Manufacturing Company (NYSE:TSM) and Broadcom (NASDAQ:AVGO) pulled back, and NVIDIA, Oracle (NYSE:ORCL) and Palantir (NASDAQ:PLTR) were among the hardest-hit tech names.

Investors sought safety in bonds, pushing 10 year Treasury yields down to 4.54 percent. The CBOE Volatility Index (INDEXCBOE:VIX) spiked to a one month high, reflecting increased market anxiety.

The selloff extended to energy companies like Vistra (NYSE:VST) and GE Vernova (NYSE:GEV), which are expected to benefit from AI’s growing energy demands. However, major tech companies Apple (NASDAQ:AAPL), Meta and Microsoft (NASDAQ:MSFT) experienced only modest declines for the day.

Cryptocurrencies joined tech stocks in a Monday downturn, with the total market cap for the sector dipping over 6 percent in premarket trading. Bitcoin saw a sharp 6.5 percent slide on Sunday, falling from above US$104,000 to US$97,790 overnight. Traders are piling into protective US$97,500 strike options, according to Barchart of Business.

While some tokens, such as XRP, SOL and Dogecoin, saw a short-lived rebound of over 2 percent in early trading, overall sentiment among cryptocurrency investors remains cautious.

Charles Wayn, co-founder of Galxe, doesn’t see the downturn in the crypto sector lasting long.

‘Whether that be AI co-pilots like Alva that can help investors research different digital assets, AI that can assist developers to make faster more efficient advancements in blockchain technology or AI agents that can fully manage portfolios, the possibilities are endless,’ the expert continued.

‘So no matter where this technology comes from, the crypto sector will benefit from it.”

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

This post appeared first on investingnews.com

Detonating a grenade under the chin rather than being captured. Using a fellow soldier to lure out attack drones. Removing body armor plates and helmets to enable faster attacks on foot. Writing pledges of allegiance to North Korea’s Supreme Leader Kim Jong Un.

These are the brutal and near-suicidal tactics of North Korean soldiers, who have, since November, been deployed to repel Ukraine’s incursion in the southern Russian border region of Kursk.

Up to 12,000 North Korean soldiers have been sent to Russia, according to Western intelligence reports, which say around 4,000 troops have been killed or injured.

Ahead of a likely escalation before any peace talks, Moscow is experiencing manpower shortages and Pyongyang is expected to send reinforcements, according to Ukrainian defense intelligence.

The Ukrainians swiftly open fire and dive back. South Korean lawmakers were told by the country’s intelligence service, who have provided assistance to Kyiv, that the soldier in the video’s last words were: “General Kim Jong Un.”

“They can just brazenly go into battle until they are neutralized,” Pokémon said, adding: “Despite all attempts to call them to surrender, they will continue to fight.”

He added that the North Koreans were unprepared for Ukraine’s battlefield realities, where modern drone combat and archaic trench warfare have led to significant casualties.

While the North Korean soldiers are “all young, trained, hardy fighters,”Pokémon said, they would have not previously faced a UAV (unmanned aerial vehicle) – which have transformed the war in Ukraine – in combat. “They are prepared for the realities of war in 1980 at best,” he said.

Amur, a company commander, said some North Koreans removed their helmets and the heavy protective plates from their body armour, to make them lighter on their feet and enable a faster assault at Ukrainian positions.

“They’re very maneuverable and they run and move very quickly,” he said. “They’re hard to catch, especially with a drone,” Amur added, explaining that they often weave an indirect path towards Ukrainian defenses, as if trained to not run in a straight line.

The North Koreans also leave anti-tank mines on roads as they go, Amur said. “Every shelter, every car they just destroy with anti-tank grenade launchers. They move very fast, (they) literally run,” he said.

“In their backpacks is the minimum of water, small bottles – up to a liter,” Amur said. “There are no additional warm clothes – no hats, no scarves, nothing.”

Amur said the North Koreans appear to have the more modern versions of Russian standard issue equipment, with most in possession of around 10 magazines, 5-10 grenades, machine gun ammunition and mines. The North Korean soldier was carrying an AK-12 assault rifle – the newer model of the standard issue AK-47, Amur said.

Notes, fake military ID found

Earlier this month, Ukraine captured two North Korean soldiers, and released video of the injured men, speaking Korean and receiving treatment, as evidence of Pyongyang’s robust military support for Moscow.

Russian shelling escalated as the soldier was captured, Ukrainian officials said, aimed at stopping the North Korean soldier from being taken alive.

Ukrainian troops have taken DNA samples – saliva swabs and locks of hair – from the dead, which they said showed them to be of East Asian extraction, and provided further evidence of North Korean involvement.

The North Korean soldier seen detonating the grenade in the video carried a fake Russian military ID which identified him as 29-year-old Ment Chat. The document said he joined the Russian army in October and was from the Russian border region of Tuva, near Mongolia.

One sheet of paper is peppered with pledges of allegiance to North Korea’s leader Kim Jong Un and of victory in battle. It is unclear if the notes were meant to emphasize the soldier’s loyalty if killed in battle to protect their surviving families, or if it truly reflects their mindset.

Another note retrieved from the bodies extols North Korea’s prowess in combat and derides their enemy, Ukraine.

“The hammer of death to the unknown and the puppet trash is not far off. We wield the powerful force that makes them tremble in fear. An invincible and certain-to-win battle.”

Another note, from the collection said: “I will demonstrate unparalleled bravery to its fullest. World, watch closely.”

Acts of ‘disloyalty’ recorded

Ukrainian officials who reviewed the papers said the North Korean units consider their involvement in Russia’s war as an opportunity to gain battle experience to assist their leader in any future conflict nearer home.

While North Korea is one of the most militarized societies on earth – with an estimated 1.2 million armed service personnel and mandatory military service from age 17 – its troops have had very limited exposure to the battlefield since the Korean War, where an armistice brought hostilities to a halt in 1953.

Another document, likely written by an officer, recorded acts of disloyalty by North Korean subordinates – a common practice in the totalitarian state, where citizens are encouraged to inform on each other.

One note said a soldier had “engaged in an unimaginably disgraceful act by stealing supplies.” Another note said a different soldier had “failed to uphold the Supreme Commander’s dignity and placed his personal interests above all.”

Other papers contained the radio codes of the North Korean force, but also contained notes on new tactics to counter drone attacks, from which Amur said North Koreans had suffered major losses.

“My unit could take out about 30 enemy soldiers in a day’s work, just by throwing grenades on their heads. They didn’t understand what to do,” he said.

Labelled “How to destroy drones,” the handwritten North Korean note suggested using soldiers as bait.

“When a drone is spotted… at a distance of about 10-12 meters, one out of three people should unconditionally lure it, and the other two should take aim and shoot.

“Another method is, since shells will not fall again in the same crater, take cover in the crater…” it read.

Amur described a ruthless opponent. “They don’t take our prisoners. All of our servicemen we found are shot in the back of the head.”

This post appeared first on cnn.com

Israel has inflicted “serious and sometimes life-threatening danger” on pregnant and postpartum women and girls in Gaza over 15 months of bombardment and siege, according to a new Human Rights Watch report.

The 50-page report, “‘Five Babies in One Incubator’: Violations of Pregnant Women’s Rights Amid Israel’s Assault on Gaza,” was published by the US-based advocacy group on Tuesday.

It details attacks on medical facilities and healthcare workers in Gaza that “directly harmed women and girls during pregnancy, childbirth, and the postpartum period” and says the war has increased the risk of miscarriage, preterm birth, stillbirth, postpartum hemorrhage and underweight newborns.

HRW accused Israel of enforcing an unlawful blockade, a near-total ban on water, food and electricity, starvation as a method of war, attacks on the medical system, and repeated forcible transfer – violating the right to follow-up and postnatal care for pregnant women and girls, and their children.

Israel is “obligated to use all the resources at its disposal to ensure that everyone in Gaza, including pregnant women and girls and their children, are able to enjoy their human right to health,” the report said. “This includes ensuring the full restoration of Gaza’s healthcare system so that all patients, including pregnant women and babies, have access to quality medical care.”

HRW repeated allegations that Israel is committing genocide against Palestinians in Gaza, which Israel strongly denies. Israel has also been taken to the UN’s top court, the International Court of Justice, on allegations of genocide.

Israel’s onslaught since the Hamas-led October 7 attacks has wiped out entire families, decimated the medical system, and supplies, spawning starvation, disease and displacement.

At least 47,306 Palestinians have been killed in Gaza, according to the Ministry of Health there. Of those, 12,316 were women and another 808 were babies under aged one, Gaza’s Government Media Office (GMO) reported on January 24. Although a fragile ceasefire began last week, the survival challenges facing new and expecting mothers in the enclave remains dire.

Babies dying ‘in front of us’

More than 1,054 health workers and medical professionals have been killed, including at least six pediatricians and five obstetrician-gynecologists, HRW said, citing the health ministry in Gaza.

As of January, emergency obstetric and newborn care is available at seven out of 18 partially functioning hospitals in Gaza, four out of 11 field hospitals, and one community health center, according to HRW.

The rate of miscarriage in Gaza has increased by 300% since October 7, 2023, the International Planned Parenthood Federation said in July. Two Palestinian women told HRW their fetuses died after they were injured by explosive weapons attacks that also killed their partners.

Even for those who make it to a medical facility, hospitals offer little respite. Women can be “rushed out” within hours of childbirth because staff are overwhelmed by scores of patients injured by bombardment, according to HRW.

“I did not get complete and sufficient privacy during my birth. I was very afraid of bleeding,” said Musa. “I faced great difficulty in giving birth due to fear of the shelling next to the hospital.

“My husband was informed that I had to leave immediately … It was a very difficult moment, and the cleanliness in the hospital was non-existent.”

For pregnant women in Gaza, the stress of trying to survive attacks coupled with food and water shortages could weaken the immune system, harm the fetus, and lead to preterm birth, HRW said. Dr Adnan Radi, a medic at Al Awda Hospital, in northern Gaza, told the agency that most of the babies delivered by staff have severely low birthweight and are dying of perinatal asphyxia.

“We try to intubate the babies. Sometimes it has helped, but the picture is very gloomy,” Dr. Radi said in the HRW report, adding that “in the last month I can remember more than six babies with low birthweight dying in front of me.”

‘I started begging that God would take the baby’

In sprawling displacement camps, parents say they cannot find enough food, clean water, warmth or sanitation facilities. Instead, caregivers resort to feeding babies with infant formula made from dirty water, compounding the risk of dehydration, hepatitis A and skin infections according to HRW.

Pregnant and breastfeeding women sharing toilets in crowded spaces are especially vulnerable to infections including UTIs, which can lead to preterm labor, low birth weight, and stillbirths, according to Al Shurafa, a program officer for MAP.

“Women may feel uncomfortable or self-conscious breastfeeding in such conditions,” said Al Shurafa. “This lack of privacy can lead to stress and anxiety, which in turn affects the mother’s ability to relax and establish a successful breastfeeding routine.”

More than 48,000 pregnant women are experiencing emergency or catastrophic food insecurity, the UN’s reproductive rights agency said in December.

At least 56 children have starved to death, according to Zahir Al-Wahidi, the director of Information Systems at Gaza’s health ministry. Eight infants and newborns have reportedly died from hypothermia, the UN’s children’s agency said in January.

Raed Radwan, holds his newborn baby Maria, in Rafah, southern Gaza, on February 28. His wife, Mayas Sufyan Musa, told CNN the fear of Israeli attacks compounded the stress of her birth.

“The severity and ferocity of the suffering was concentrated in physical displacement,” she said. “I was afraid that we would be exposed to direct shelling or missile fragments, and from the rain and cold and the flooding of the tents.”

Israa Mazen Diab al-Ghul, 30, a pregnant woman displaced in Nuseirat, central Gaza, told HRW that in early 2024, she and her relatives had nothing to drink but sea water for two days. “I vomited, and I was worried it would kill the baby … I started begging that God would take the baby, so I wouldn’t need to give birth during this war.”

Communications disruptions impede womens’ access to hotlines and online information, while power cuts disrupt ultrasounds, and blood and urine tests, HRW said.

“Everything is scarce,” said Rahaf Umm Khaled, 21, who is four months pregnant. “I want the war to end completely. I want to give birth to my child in good health, and I want us to return to our homes safely and soundly.”

This post appeared first on cnn.com

A simmering diplomatic stand-off over deportation flights spilled onto social media Sunday, threatening the once close relationship between the United States and Colombia and further exposing the anxiety many feel in Latin America toward a second Trump presidency.

Angered by how deportees were being returned with their hands bound aboard military flights, Colombian President Gustavo Petro turned back two of the flights that were already in the air and heading to the South American nation, catching the Trump administration by surprise.

In several posts on X, he announced he was blocking US military deportation flights. Petro later directed a post at US Secretary of State Marco Rubio, warning, “I will never allow Colombians to be brought in handcuffs on flights. Marco, if officials from the Foreign Ministry allowed this, it would never be under my direction.” It was a bold position – and one he would soon be forced to back down from.

The sudden rift between the United States and Colombia, which has long been a major recipient of US military aid and until now had accepted deportation flights, immediately galvanized a region struggling over how to respond to the new US president.

Trump has vowed to deport scores of immigrants back to Latin American nations, carry out cross border attacks on Mexican drug cartels, increase economic sanctions on leftist governments in Cuba, Nicaragua and Venezuela, and seize control of the Panama Canal.

Some regional leaders were quick to cheer the Colombian on. “Our support to President Gustavo Petro in his worthy defense of the rights of Colombians and his response to the discriminatory treatment and blackmail with which they intend to pressure his people and Our America,” Cuban President Miguel Diaz-Canel wrote on X.

For Colombia – a country that has received billions of dollars in aid from the US to fight drug trafficking and militant groups over the years – to openly defy the US would have sent a powerful signal across the hemisphere. And it could have complicated the Trump administration’s efforts to force other countries to fall in line behind their campaign to accept the deportations, which are deeply unpopular in the region. By successfully pushing back, Petro could have opened the door for other regional leaders to do the same.

Already dealing with corruption scandals and worsening violence as two Colombian militant groups battle each other and the government, Petro may have thought that picking a public fight with the Trump administration would provide a welcome distraction.

But the former guerrilla-turned-Colombia’s first leftist president apparently misjudged how vociferously the new US administration would respond.

Petro did not follow Mexican President Claudia Sheinbaum’s declaration that “it’s always important to keep a cool head” when dealing with Trump’s threats.

Instead, Petro tried to go insult for insult with Trump, writing in lengthy posts on X to the US president that he must consider Colombians to be “inferior” and that “I don’t shake hands with white slavers.”

Short-lived escalation

There is little patience for Petro in the new Republican administration, say experts.

“Donald Trump and the people around him, including Rubio, don’t like Gustavo Petro,” said Adam Isacson, the director of defense oversight for the Washington Office on Latin America think tank. “So he was like a perfect foil, somebody they could use to make an example of for every other country in the region that they want to threaten if they get in the way of deportation.”

The US is Colombia’s largest trading partner. As the Trump administration struck back with 25% tariffs among other things, Petro backed down later that day – and hopes that he would become the new standard bearer for an anti-Trump, Latin American left suddenly evaporated.

Washington’s threat of economic tit-for-tat and canceled visa services spooked not only Colombians but other countries in the region who saw even more clearly after Sunday how central arm-twisting will be to Trump’s foreign policy.

Many across the region were surprised that Petro – after initiating a diplomatic incident– had folded so quickly. Still, the possibility remained that a summit of leaders at the leftist regional CELAC body scheduled for Thursday could revive a unified anti-Trump bloc to push back against the deportations.

The dust-up between Colombia and the US showed once again that because of sheer proximity, Latin America will likely bear the brunt of many Trump policies and the wrath of US officials when regional leaders attempt to speak out.

However bitter the fallout from the incident, the heavy-handed US pressure campaign appeared to have achieved the desired result for the Trump administration – at least for the moment.

On Monday, Colombia announced it was sending its own military planes to pick up the migrants that were supposed to have arrived the day before.

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Livium Ltd (ASX: LIT) (‘Livium’ or the ‘Company’) wishes to provide a strategic update in response to progress that had been made to shift our various technologies to important inflection points for growth. Livium’s strategy is now focussed on strategic partnering initiatives which will facilitate the ongoing growth and development of the Company’s technologies. With a more focussed set of actions, a review of the business has been undertaken to explore options to reduce costs.

HIGHLIGHTS

  • Strategic focus on scaling Envirostream, the Battery Recycling division, due to the potential of increased recycling volumes and cashflows over the years ahead
    • Battery Recycling: Continued safe operations, growing volumes and operating profits, and seek partners to scale operations in line with the expected waste outlook
  • Livium is well advanced on the near-term commercialisation pathways of its other technologies:
    • Battery Materials: Defined pathway for development of an Australian LFP demonstration plant with funding to be secured directly into VSPC from strategic partners
    • Lithium Chemicals: Complete JDA activities with MinRes, including assessment of alternate commercialisation pathways and selection of the preferred lithium product
  • Restructuring of the organisation and cost reductions being undertaken with estimated annual ongoing savings of A$1.5m

Comment regarding the strategic update from Livium CEO and Managing Director, Simon Linge

‘We have advanced our strategy to inflection points, with the next phases of growth for each division requiring strategic partners to underpin their growth and development. With a focus on strategic growth partners, we have reviewed our resourcing and made the decision to restructure our organisation and reduce costs.

Livium remains committed to delivering returns for shareholders. Whilst organisational changes may impact our ability to react to opportunities, right sizing the organisation assists in resetting the Company’s cost base to become sustainable over this critical period.’

NEAR TERM PLANS

The following activities have been identified as key to delivering value in the near term:

  • Battery Recycling: Continued safe operations, growing end-of-life volumes, and seeking partners to scale operations in line with the expected waste outlook and to expand into related services
  • Battery Materials: Secure funding for an Australian LFP demonstration plant from government and private strategic partners, who will invest directly into VSPC
  • Lithium Chemicals: Complete JDA activities with MinRes, including assessment of alternate commercialisation pathways and selection of the preferred lithium product
  • Corporate: Complete implementation of organisation restructure and other cost saving initiatives.

BATTERY RECYCLING GROWTH OUTLOOK

The Battery Recycling division generates revenue today, is the largest recycler of lithium-ion batteries in the country, draws on our technical expertise to provide value-added services and has strong commercial relationships. Strategic focus is being placed on Battery Recycling, through Envirostream, due to the potential of increased recycling volumes over the coming years.

During CY2024, Envirostream successfully increased volumes of EV’ andESS2 with most of the volume being received under exclusive customer arrangements. Over CY2024, Envirostream collected 736k tonnes of large format batteries and it is estimated that there are five times these volumes available today which are increasingly expected to be recycled due to consumer demand and government regulation. In their Battery Market Analysis, B-cycle show how EV and ESS batteries are expected to dominate3.

Focusing on only EV / ESS for the balance of the decade demonstrates the near-term opportunity for Envirostream collections growth relative to current performance.

The near-term outlook for Envirostream is positive, enabling increases of volumes collected and processed, and providing an opportunity to expand our service offerings in line with market requirements.

To accommodate expectations of market growth, the business intends to explore deploying growth capital to improve operating efficiencies and expand capacity. The company has appointed advisors to coordinate discussions around partnership and growth funding options, which includes both strategic partners and other financiers.

Click here for the full ASX Release

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Altcoins are a hot topic in 2025 amidst regulatory shifts and political changes, and investors interested in crypto should take time to learn about the broader altcoin ecosystem and top altcoins to watch.

Read on for a look at altcoin trends and the top altcoins to watch in 2025, as well as tips for investing in altcoins to diversify your portfolio.

In this article

    What are altcoins and are they a good investment?

    The term altcoins refers to alternative cryptocurrencies, meaning all cryptos other than Bitcoin. Opinions on whether or not Ethereum is still considered an altcoin vary.

    In terms of whether altcoins are a good investment, exposure to altcoins can give investors access to potential profit opportunities beyond the market’s two top cryptocurrencies, as well as the wide variety of utilities altcoins cover.

    However, just like investing in traditional markets, investing in cryptocurrencies has its risks. Cryptocurrencies are known for their volatility, experiencing pronounced swings in response to both positive and negative developments, and this can be more pronounced for altcoins with lower market caps. Read on to learn more about the forecast for altcoins this year and how to evaluate them to decide which to invest in.

    Forecast for altcoin prices in 2025

    Crypto is in a bull market that is likely to continue this year, with tailwinds including the potential approvals of altcoin ETFs and a crypto-friendly administration in the US.

    “(But) when you look at the overall picture, I think (the market) is going to be very positive in 2025. You’re going to have altcoins that have runs. You’re going to have altcoins that are going to have triple-digit percentage gains this year.”

    As for what markets could like like quarter to quarter, he anticipates a strong first quarter in 2025, particularly February and March. Through Q2 and Q3 of the year he expects increased volatility, followed by another rise in late Q3 and Q4.

    However, he expects this is the last year of this bull market and we could see a potential market downturn early next year. This would align with the typical four-year cycle observed in the crypto space.

    “A lot of this is also dependent on a very big macroeconomic factor, which is global money supply,” Utkarsh continued. “We have all this other stuff happening, wars and pandemics and this and all these other things, but that one piece, in my opinion, I feel out influences any other factor driving these markets.”

    A December 2024 Haver analysis of money supply in major economies, including the US, Eurozone and Japan, indicated positive growth over the preceding 12 months, a period during which labor markets remained strong and inflation lessened.

    A positive macroeconomic climate encourages investors to take on more risk, which benefits the cryptocurrency market. New capital entering the crypto space often flows into Bitcoin first, and subsequent price increases then draw attention to and boost interest in altcoins.

    “I think we’re very close to the true definition of alt season, (which) is when 75 percent of the top 50 coins have outperformed Bitcoin in the last 90 days,” Utkarsh explained. “While we’re not there yet, we’re seeing what we see every cycle: the large caps are going off.”

    SOL, XRP and SUI are three notable examples of altcoins that have seen triple digit gains in the last year.

    At US$234 at the time of writing, SOL, the token of the Solana blockchain, is up 150 percent year-over-year. Sui, which unlocked 64.19 million SUI tokens worth approximately US$338.8 million on January 1, 2025, has also had an impressive run, up 184 percent over the same time period. Lastly, Ripple’s token XRP has seen massive annual gains of over 460 percent, with the majority of those gains coming since November 2024.

    Institutions have applied to list exchange-traded funds (ETFs) for all three of those cryptos, and many market watchers expect them to launch in 2025.

    “I actually see the potential for multiple ETFs to be filed. Not just for XRP and Solana, but also for combination ETFs, like Bitcoin and Ethereum, or a combination of a few together. Maybe not completely new ones, but the existing ones packaged together,” Utkarsh said.

    Meanwhile, Bitcoin’s dominance is shrinking, with its market share down to 57 percent from 60 percent in November 2024.

    Despite the significant potential rewards, Utkarsh urges investors to be mindful of the risk. “One thing I tell people is that when you’re at the height of the bull market, to achieve triple-digit gains we will have double-digit drawdowns.”

    The price swings observed in Bitcoin following President Trump’s election in November, which included both substantial gains and sharp declines, illustrate the potential for rapid changes in market sentiment and value.

    Altcoin trends and uses in 2025

    Utkarsh explained how early altcoin performance often foreshadows the dominant trends of a crypto cycle and discussed a variety of narratives he is seeing in the altcoin space.

    Projects like Render, ICP, Near Protocol and Fetch.ai operate within the artificial intelligence (AI) narrative and are poised for growth thanks to surging demand for AI infrastructure and data processing.

    I feel another narrative that’s poised for massive growth is tokenization,” Utkarsh said, “and (a strong) player in that (space) is Ondo Finance.”

    Ondo Finance provides the infrastructure for tokenizing real-world assets. BlackRock utilized that infrastructure to launch BUIDL, a tokenized money market that gives investors access to tokenized short-term US government bonds.

    “The gaming narrative is also interesting because I think there’s a lot of initial coin offerings (ICOs) that are coming in this space,” Utkarsh continued. “One of the strong gaming players is IMX, (the token of a company called) Immutable X.”

    Immutable X is a platform built on top of the Ethereum blockchain. The platform makes creating and trading non-fungible tokens (NFTs) easier, faster and cheaper with a technology called zk-rollups to bundle transactions together. IMX is used for things such as paying fees on the platform.

    During the discussion, Utkarsh emphasized the importance of utility as well as marketing within the crypto space, highlighting that its relevance spans various sectors of the market.

    “There’s so many companies that have massive utility potential, but they’re just not being utilized in that way,” he said. ‘But I think when you’re in an asset class that’s still fairly early, it is so important for founders and leadership to understand market dynamics and not just geek out on the technology. The companies that I feel are going to make it in this cycle are the ones that already have done a big push from a marketing standpoint.”

    To illustrate this point, Utkarsh compared Render, a decentralized graphic processing unit rendering network, to Aethir, a less well-known but potentially more powerful competitor. Utkarsh also observed that meme coins are demonstrating genuine utility within the gaming community.

    “In fact, we’re even invested in a gaming company right now, (Hexagon Studios), that’s about to go ICO, and they’re launching a meme coin that can be used within games. It’s not just a coin for trying to make money, they’re actually using the coin for some utility to do in-game purchases and all that stuff, but making it a little bit fun.’

    While Utkarsh expressed optimism that the narrative around meme coins could shift, he emphasized that they are still an inherently risky investment, often associated with fleeting internet trends and speculation. This was evidenced by US President Trump and First Lady Melania Trump’s meme coins, launched on January 17 and 19, that raked in billions within hours only to reverse course. Crypto watchers have criticized the projects for holding the majority of tokens in one wallet.

    How to choose altcoins for your crypto portfolio

    Investors are likely wondering how to find the next big altcoin. Utkarsh advises utilizing data-driven metrics — such as token unlocks, sector performance, partnerships, news events, and economic data releases — to identify promising altcoin investment opportunities.

    He also explained that investors should keep their risk tolerance in mind when considering the market cap of a coin. Larger-cap coins tend to be more suitable for longer-term holding, while mid-cap and low-cap coins might offer greater potential for shorter-term gains but higher risk of losses as well.

    As for how to build a crypto portfolio, diversification is important for mitigating risk and maximizing the potential for returns.

    “If we take microcaps out of the equation, I think by putting about 50 percent in large cap, 30, maybe even 35 percent in mid-cap, and potentially 15 to 20 percent in low cap, that could be a healthy balance,” Utkarsh said. “If you want growth, I don’t feel that you should be in about like 15 different companies; that being said, I don’t think you should be in like two companies either.”

    Top altcoins to watch in 2025

    So, which altcoins are the best in 2025? This list of altcoins to consider investing in includes crypto with strong fundamentals, real-world utility, active communities and innovative technology that could benefit various industries.

    This list of top altcoins is arranged by market cap. Market cap and total value locked (TVL) — which refers to the overall value of assets deposited in a DeFi protocol — were gathered from CoinGecko and DefiLlama, respectively, on January 27, 2024.

    1. Ripple (XRP)

    Market cap: US$174.56 billion
    Total value locked: US$77.45 million
    Price: US$3.02

    While Ripple has a smaller DeFi ecosystem compared to other blockchains like Ethereum or Solana, its strength lies in its focus on cross-border payments and institutional adoption. This positions Ripple as a key player in traditional finance, with the potential for increased demand and value appreciation driven by factors outside of the DeFi space.

    There is wide speculation that the new US Trump administration will result in a favorable resolution of Ripple’s lengthy legal battles with the US Securities and Exchange Commission (SEC). CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met with President-elect Donald Trump for dinner on January 7. While details of the meeting weren’t revealed, the news sent interest in its token, XRP, up 2.63 percent as the rest of the crypto market pulled back.

    Additionally, at least seven financial institutions have applied to the SEC to offer XRP ETFs focused exclusively on the token, while several others have applied for diversified crypto ETFs with a basket of coins, including XRP.

    2. Solana (SOL)

    Market cap: US$113.8 billion
    Total value locked: US$12.73 billion
    Price: US$234.08

    Known for its high transaction speed and low fees, Solana has been a major player in the NFT and DeFi space. It’s often seen as a competitor to Ethereum, surpassing Ethereum in terms of trading volume since Q4 2024. This surge has been attributed to the rise of meme coins on the Solana blockchain, such as Doge on Solana (SDOGE), a wrapped version of the original Dogecoin (DOGE).

    The value of its token SOL has increased by over 200 percent year-over-year. Institutions that have applied to the SEC for SOL ETFs include VanEck, 21Shares, and Cboe Global Markets.

    3. Cardano (ADA)

    Market cap: US$33.37 billion
    Total value locked: US$563.81 million
    Price: US$0.93

    Cardano is a proof-of-stake blockchain that prioritizes a methodical, research-based approach to development, with a focus on security and scalability for smart contracts and dApps.

    Analysts such as Peter Brandt and Altcoin Sherpa predicted earlier in January that ADA could be headed for a bull rally based on a double-bottom pattern formed year-over-year that demonstrates a long period of price stability and accumulation, an indication of underlying support from buyers.

    At least three financial institutions have filed for Cardano ETFs in 2025.

    4. Chainlink (LINK)

    Market cap: US$15.27 billion
    Total value locked: US$1 billion
    Price: US$23.88

    Chainlink is a decentralized oracle network that provides real-world data to smart contracts across various blockchains, enabling DeFi applications and other use cases requiring secure external data. In November 2024, Trump’s World Liberty Financial adopted Chainlink’s technology, a partnership that allowed World Liberty to offer more reliable and secure services.

    Later, Cointelegraph reported on January 20 that Trump had purchased US$4.7 million worth of LINK as part of an over US$50 million cryptocurrency spending spree. The news sent LINK’s price above US$25.00 for the first time since December 12. Trump’s interest in Chainlink could indicate a growing recognition of the potential and value of decentralized oracle networks within the crypto industry.

    5. Avalanche (AVAX)

    Market cap: US$13.99 billion
    Total value locked: US$1.43 billion
    Price: US$34.01

    Avalanche is a layer-1 blockchain that aims to address the scalability limitations of older blockchains like Ethereum. It boasts high throughput and fast transaction speeds, making it suitable for demanding applications like decentralized exchanges and gaming. Its token AVAX is used to pay transaction fees, and users can participate in securing the network by staking AVAX tokens.

    Analysts at InvestingHaven predict that AVAX could reach prices between US$29.02 and US$95.11 in 2025, citing its Fibonacci retracement level as a critical indicator for a potential long-term reversal. While no ETFs have been filed specifically for AVAX yet, its growing ecosystem and focus on subnets could position it for increased adoption and potential price appreciation in the coming years.

    6. Sui (SUI)

    Market cap: US$11.84 billion
    Total value locked: US$1.74 billion
    Price: US$3.94

    Sui is a layer-1 blockchain that uses an object-centric data model and the Move programming language, a design that improves the efficiency and security of smart contract development and execution.

    Despite its relatively recent ICO launch in May 2023, SUI has exhibited remarkable growth, with its value increasing by over 180 percent year-over-year at the time of this writing. One analyst, @CryptoELITES, shared his price predictions on January 22, including a high of US$40 by the end of this bull run.

    7. Litecoin (LTC)

    Market cap: US$8.62 billion
    Total value locked: US$3.3 million
    Price: US$114.33

    Litecoin is one of the oldest and most established altcoins. It offers faster transaction speeds and lower fees compared to Bitcoin, making it a viable option for everyday transactions. It is often referred to as the silver to Bitcoin’s gold.

    Canary Capital filed to offer a spot Litecoin ETF in October 2024, and provided the SEC with an updated application on January 16. Bloomberg ETF analyst Eric Balchunas predicts that Litecoin could be the next coin approved for a spot ETF.

    8. Aave (AAVE)

    Market cap: US$4.57 billion
    Total value locked: US$21.29 billion
    Price: US$303.92

    Aave is a decentralized lending and borrowing protocol that allows users to earn interest on their crypto assets or borrow against their holdings. It was named the number two lending platform by BeinCrypto due to its broad multichain accessibility and low annual percentage yield.

    Aave received a significant sum of US$6.9 million from Trump’s World Liberty Financial on January 22 during a crypto buy-up that also included LINK, TRON, USDC, ETH and wrapped Bitcoin (wBTC), a token on the Ethereum blockchain that’s backed by Bitcoin.

    9. Algorand (ALGO)

    Market cap: US$3.2 billion
    Total value locked: US$145.9 million
    Price: US$0.38

    Algorand is a proof-of-stake blockchain platform that is gaining traction in various sectors, including DeFi, NFTs and supply chain management. Algorand’s focus on sustainability, its strong technical foundation and its growing ecosystem make it a contender in the blockchain space. As of writing, ALGO is up over 11 percent month-over-month and over 8 percent over the past 14 days.

    On January 3, the Algorand Foundation shared its latest update, rolling out a staking program that will reward validators with 10 ALGO per block.

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

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