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Cuban leaders should be concerned following the U.S. military operation in Venezuela and the arrest of Nicolás Maduro, Secretary of State Marco Rubio said Saturday, as President Donald Trump signaled that his administration could shift its focus to the Caribbean island.

Cuba has long maintained a presence in Venezuela, with intelligence agents and security personnel embedded amid close relations between Havana and Caracas.

Rubio, the son of Cuban immigrants, said Venezuela’s spy agency was ‘basically full of Cubans,’ as was Maduro’s security detail.

‘One of the biggest problems Venezuelans have is they have to declare independence from Cuba,’ he said during a news conference in which officials revealed details of the military operation. ‘They tried to basically colonize it from a security standpoint.’

He added that the communist island was ‘a disaster. It’s run by incompetent, senile men — and in some cases, not senile, but incompetent nonetheless.’

The secretary has repeatedly denounced Cuba and its leadership as a dictatorship and a failed state.

‘If I lived in Havana, and I was in the government, I’d be concerned — at least a little bit,’ Rubio said.

Trump said Cuba was something his administration would ‘end up talking about because Cuba is a failing nation right now — a very badly failing nation.’

‘And we want to help the people,’ he added. ‘It’s very similar in the sense that we want to help the people in Cuba, but we also want to help the people who were forced out of Cuba and are living in this country.’

Maduro and his wife, Cilia Flores, were taken by U.S. forces and brought aboard the USS Iwo Jima. They were expected to be transported to the U.S. to face federal charges.

The couple, along with other Venezuelan officials, face ‘drug trafficking and narco-terrorism conspiracies,’ according to an unsealed indictment posted on social media Saturday by U.S. Attorney General Pam Bondi.

They are accused of partnering with drug cartels to traffic drugs into the U.S.

Maduro and his wife ‘will soon face the full wrath of American justice on American soil in American courts,’ Bondi wrote.

They are charged with narco-terrorism conspiracy, cocaine importation conspiracy, possession of machine guns and destructive devices, and conspiracy to possess machine guns and destructive devices against the U.S.

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Former Vice President Kamala Harris on Saturday evening condemned the Trump administration’s capture of Venezuelan dictator Nicolás Maduro and his wife, calling the operation both ‘unlawful’ and ‘unwise.’

In a lengthy post on X, Harris acknowledged that Maduro is a ‘brutal’ and ‘illegitimate’ dictator but said that President Donald Trump’s actions in Venezuela ‘do not make America safer, stronger, or more affordable.’

‘Donald Trump’s actions in Venezuela do not make America safer, stronger, or more affordable,’ Harris wrote. ‘That Maduro is a brutal, illegitimate dictator does not change the fact that this action was both unlawful and unwise. We’ve seen this movie before.

‘Wars for regime change or oil that are sold as strength but turn into chaos, and American families pay the price.’

Harris made the remarks hours after the Trump administration confirmed that Maduro and his wife were captured and transported out of Venezuela as part of ‘Operation Absolute Resolve.’

The former vice president also accused the administration of being motivated by oil interests rather than efforts to combat drug trafficking or promote democracy.

‘The American people do not want this, and they are tired of being lied to. This is not about drugs or democracy. It is about oil and Donald Trump’s desire to play the regional strongman,’ Harris said. ‘If he cared about either, he wouldn’t pardon a convicted drug trafficker or sideline Venezuela’s legitimate opposition while pursuing deals with Maduro’s cronies.’

Harris, who has been rumored as a potential Democratic contender in the 2028 presidential race, additionally accused the president of endangering U.S. troops and destabilizing the region.

‘The President is putting troops at risk, spending billions, destabilizing a region, and offering no legal authority, no exit plan, and no benefit at home,’ she said. ‘America needs leadership whose priorities are lowering costs for working families, enforcing the rule of law, strengthening alliances, and — most importantly — putting the American people first.’

Maduro and his wife arrived at the Metropolitan Detention Center in Brooklyn late Saturday after being transported by helicopter from the DEA in Manhattan after being processed.

Earlier in the day, Trump said that the U.S. government will ‘run’ Venezuela ‘until such time as we can do a safe, proper and judicious transition.’

Harris’ office did not immediately respond to Fox News Digital’s request for comment.

Fox News Digital’s Jasmine Baehr contributed to this report.

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President Donald Trump’s House GOP critics are ripping the administration’s operation in Venezuela that resulted in the capture of the country’s president, Nicolás Maduro.

Rep. Thomas Massie, R-Ky., was the first to criticize the Trump administration’s operation in Venezuela, again breaking from the majority of his party and butting heads with the commander-in-chief.

Massie, a longtime critic of U.S. foreign intervention, appeared to question the legality of the federal government’s Venezuela strikes.

‘If this action were constitutionally sound, the Attorney General wouldn’t be tweeting that they’ve arrested the President of a sovereign country and his wife for possessing guns in violation of a 1934 U.S. firearm law,’ Massie posted to X on Saturday morning.

The Department of Justice (DOJ) unsealed a four-count indictment against Maduro after Trump confirmed the U.S. took custody of the Venezuelan leader and his wife following strikes in the capital of Caracas.

Attorney General Pam Bondi said in a statement those charges were ‘Narco-Terrorism Conspiracy, Cocaine Importation Conspiracy, Possession of Machineguns and Destructive Devices, and Conspiracy to Possess Machineguns and Destructive Devices against the United States.’

It’s not immediately clear what Maduro’s wife, Celia Flores, has been charged with.

In a follow-up posted on the charges, Massie said, ’25-page indictment but no mention of fentanyl or stolen oil. Search it for yourself.’

Trump said on Fox News that Maduro and Flores were being flown to the U.S.S. Iwo Jima, which will bring them to the U.S. where they will face criminal proceedings led by the Southern District of New York.

Massie’s criticism was followed by scathing comments by Rep. Marjorie Taylor Greene, R-Ga., another Trump critic who is retiring from Congress early next week before finishing her term.

‘If U.S. military action and regime change in Venezuela was really about saving American lives from deadly drugs, then why hasn’t the Trump admin taken action against Mexican cartels? And if prosecuting narco terrorists is a high priority, then why did President Trump pardon the former Honduran President Juan Orlando Hernández, who was convicted and sentenced for 45 years for trafficking hundreds of tons of cocaine into America?’ part of Greene’s statement read.

‘The next obvious observation is that by removing Maduro this is a clear move for control over Venezuelan oil supplies that will ensure stability for the next obvious regime change war in Iran. And of course, why is it ok for America to militarily invade, bomb, and arrest a foreign leader, but Russia is evil for invading Ukraine and China is bad for aggression against Taiwan? Is it only ok if we do it? (I’m not endorsing Russia or China).’

Meanwhile, Rep. Don Bacon, R-Neb., praised the operation itself but expressed concerns about what precedent is being set.

‘My main concern now is that Russia will use this to justify their illegal and barbaric military actions against Ukraine, or China to justify an invasion of Taiwan,’ Bacon said in a statement. ‘Freedom and rule of law were defended last night, but dictators will try to exploit this to rationalize their selfish objectives.’

Bacon is also retiring from Congress, but unlike Greene, he is serving out his full term.

The vast majority of Republican lawmakers unequivocally backed the operation, as expected. 

Senate Majority Leader John Thune, R-S.D., and House Speaker Mike Johnson, R-La., both said they expected congressional briefings from the Trump administration in the coming days when lawmakers return from a two-week recess. 

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Westport Fuel Systems Inc. (‘Westport’) (TSX:WPRT Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, today announces changes to its Board of Directors. Chair Dan Hancock, appointed to the Board in July 2017, retired from the Board, effective December 31, 2025, with current director Tony Guglielmin assuming the role of Chair. Joining Westport’s Board of Directors, effective January 1, 2026, is Brad Kotush, who brings over 20 years of experience in early-stage transformation, investment banking, and capital markets, both in Canada and globally. This addition further enhances the Board’s expertise and supports the Company’s long-term strategic objectives.

Mr. Hancock’s extensive automotive experience, particularly in technology commercialization and European manufacturing leadership, proved essential as Westport navigated the rapidly shifting dynamics of today’s automotive industry,’ said Tony Guglielmin, appointed Chair of Westport’s Board of Directors. ‘During the integration process following the 2016 merger and the commercialization of the HPDI fuel system, Mr. Hancock provided the stability and insight necessary for success. We are grateful for his dedication and the legacy he leaves with the Board.’

‘Brad Kotush’s appointment adds exceptional strength to our Board,’ added Guglielmin. ‘Mr. Kotush’s background in executive-level finance, risk management, and strategy spanning clean technology, investment banking, and global capital markets aligns directly with Westport’s strategic direction. His experience overseeing regulated entities, major financing programs, and cross-border transactions will bring meaningful insight and discipline to our governance and decision-making processes.’

Mr. Kotush is currently the CFO of a clean tech company listed on the TSXV and previously held the positions of Executive Vice President and Chief Financial Officer at Home Capital Group Inc. and Executive Vice President, Chief Financial and Risk Officer at Canaccord Genuity Group Inc.

About Westport Fuel Systems

Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions.

Our proven technologies support a wide range of clean fuels – including natural gas, renewable natural gas, and hydrogen – empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way. With decades of expertise and a commitment to engineering excellence, Westport is helping our partners achieve sustainability goals—without compromising performance or cost-efficiency – making clean, scalable transport solutions a reality.

Westport is headquartered in Vancouver, Canada. For more information, visit Westport.com.

Contact Information

Investor Relations
Westport Fuel Systems
T: +1 604-718-2046     

News Provided by GlobeNewswire via QuoteMedia

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Bold Ventures Inc. (TSXV: BOL) (the ‘Company’ or ‘Bold’) is pleased to announce that further to its news release of December 16, 2025, it has closed its non-brokered private placement offering for gross proceeds of $776,800, through the placement of 6,000,000 working capital units (the ‘WC Units’) of the Company at a price of $0.08 per WC unit for $480,000 (the ‘WC Offering’) and 3,297,776 Flow Through units (the ‘FT Units’) at a price of $0.09 per FT Unit for $296,800 (the ‘FT Offering’, and together with the WC Offering, the ‘Offering’).

The Company paid cash finder fees in the aggregate of $36,719.99 and issued an aggregate of 454,333 compensation warrants (the ‘Compensation Warrants‘) to two eligible finders. 37,333 of the Compensation Warrants entitle the holder to acquire one (1) common share at a price of $0.12 until December 31, 2027. 417,000 of the Compensation Warrants entitle the holder to acquire one (1) common share at a price of $0.12 until December 31, 2028.

All the securities issued pursuant to the Offering are subject to a hold period expiring on May 1, 2026.

Bruce MacLachlan, President and COO of Bold Ventures, stated: ‘We wish to thank our existing shareholders for their continued support of the Company and welcome the participation by new investors. We look forward to seeing the results from our drilling programs in 2026.’

Insider Subscriptions

Three insiders subscribed for 420,000 FT Units for gross proceeds of $37,800. The insider private placements are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (‘MI 61-101’) by virtue of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company issued to the insiders does not exceed 25% of its market capitalization.

The Offering

Each WC Unit comprises one (1) common share of the Company priced at $0.08 and one full common share purchase warrant (a ‘WC Warrant‘) entitling the holder to acquire one (1) common share at a price of $0.12 until December 31, 2028. The proceeds from the WC Units will be used for general working capital, property maintenance, exploration and expenses of the offering.

Each FT Unit comprises one common share of the Company priced at $0.09 and one half (1/2) of a common share purchase warrant. One full common share purchase warrant (a ‘FT Warrant’) and $0.12 will acquire an additional common share until December 31, 2027. The proceeds from the sale of the FT Units will be used for exploration work that qualifies for Canadian Exploration Expenses (CEE).

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’
Bruce MacLachlan
President and COO

Direct line: (705) 266-0847 Email: 

bruce@boldventuresinc.com

‘David B Graham’ 
David Graham
CEO

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279349

News Provided by Newsfile via QuoteMedia

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Here’s a quick recap of the crypto landscape for Friday (January 2) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$89,036.29, up by 1.8 percent over 24 hours.

Bitcoin price performance, January 1, 2025.

Chart via TradingView

Ether (ETH) was priced at US$3,028.99, up by 2.3 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.88, up by 2.5 percent over 24 hours.
  • Solana (SOL) was trading at US$127.74, up by 2.8 percent over 24 hours.

Today’s crypto news to know

Bitcoin ETFs suffer worst two-month exodus on record

U.S.-listed spot Bitcoin ETFs closed 2025 with a combined US$4.57 billion in net outflows for November and December, marking their worst two-month stretch since launching in early 2024.

December alone saw US$1.09 billion pulled from the funds, following an even steeper $3.48 billion in November, according to SoSoValue data. The selloff also coincided with a roughly 20 percent drop in Bitcoin’s price.

Meanwhile, Ether ETFs were also swept up in the retreat, losing more than US$2 billion over the same period.

While the scale of redemptions appears severe, optimistic outlooks still persist. Some market participants say the flows reflect portfolio rebalancing rather than outright panic.

For instance, others note that weaker hands exited into year-end, while longer-term capital absorbed supply.

Turkmenistan moves to legalize crypto mining and exchanges

Turkmenistan has formally legalized cryptocurrency mining and exchanges after President Serdar Berdimuhamedov signed the Law on Virtual Assets into effect in late November.

The legislation establishes a legal framework for creating, trading, and holding digital assets as part of a broader push to stimulate economic growth and attract foreign investment.

Under the law, cryptocurrencies are classified as property rather than legal tender or securities and are divided into secured and unsecured assets, such as Bitcoin.

Further, mining is permitted for both individuals and companies, provided they register with the Central Bank of Turkmenistan and comply with technical standards.

The rules also explicitly ban illicit practices like cryptojacking and require licensed operations. Crypto exchanges and custodial services are also authorized, subject to central bank approval and strict KYC and anti-money-laundering requirements.

Tether expands Bitcoin, gold reserves with year-end purchase

Tether added 8,888 Bitcoin on New Year’s Eve, lifting its disclosed holdings to more than 96,000 BTC and placing the stablecoin issuer among the largest corporate holders globally.

CEO Paolo Ardoino said the purchase continues Tether’s policy of allocating up to 15 percent of quarterly earnings into Bitcoin, with the latest tranche valued at roughly US$780 million at the time of acquisition.

The accumulation makes Tether’s wallet the fifth-largest known Bitcoin address and the second-largest among private corporate treasuries.

Bitcoin remains only part of the firm’s reserve strategy, which also includes a sizable gold position. Tether bought 26 tons of gold in the third quarter, bringing its total holdings to 116 tons.

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

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

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The Department of Government Efficiency (DOGE) said Friday that federal agencies have terminated or reduced 55 contracts over the last three days with a combined ceiling value of $1.6 billion, claiming $542 million in savings.

DOGE, whose name nods to Elon Musk’s high-profile involvement, was launched during the opening days of President Donald Trump’s second administration as part of a broader effort to reshape federal spending and bureaucracy.

While Musk has since stepped back from the project, elements of the DOGE framework remain active across federal agencies.

In a post on X, the department wrote: ‘Contracts Update! Over the last 3 days, agencies terminated and descoped 55 wasteful contracts with a ceiling value of $1.6B and savings of $542M.’

The post listed several examples, including what it described as ‘a $47M State Dept. program support contract for ‘Africa / Djibouti, Somalia armored personnel carriers and Somalia National Army crew’,’ and ‘a $19.5M HHS IT Services contract for support for National Institute of Environmental Health Sciences in designing, creating, updating, maintaining, and archiving online communications.’

DOGE also referenced ‘a $151k DoW education services contract for ‘Director’s Development Program in Leadership – Partnership course to be held at Northwestern University’,’ according to the post.

Screenshots shared with the DOGE post show federal contract records matching the descriptions and dollar amounts cited.

One screenshot shows a contract record tied to Somalia, listing professional program management support under a federal services code and identifying the country of service origin as Somalia. The contract description references support related to armored personnel carriers and Somalia National Army crews in Djibouti and Somalia.

A second screenshot shows an IT management support services contract based in the United States, categorized under computer systems design services. The description outlines work for the National Institute of Environmental Health Sciences focused on maintaining and managing online communications, including websites, webpages, mobile tools and social media platforms.

The DOGE post did not provide additional details about when the contracts were originally awarded, how much funding had already been obligated or spent, or which agency actions produced the savings figure cited in the post.

The announcement comes amid heightened scrutiny this week over several Somali-owned, government-funded daycare facilities in Minnesota that have been accused of fraudulently collecting millions of dollars worth of taxpayer funds.

Fox News Digital has reached out to the White House, DOGE, the State Department and HHS for additional information.

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New York City’s new mayor wasted little time drawing ideological lines, using his swearing-in ceremony to double down on campaign promises filled with government-led solutions — a sharp contrast with free-market principles Republicans warn are increasingly under threat amid an evolving understanding of socialism among younger audiences.

‘We will draw this city closer together,’ Zohran Mamdani, a socialist, said at his ceremony on Thursday. ‘We will replace the frigidity of rugged individualism with the warmth of collectivism. If our campaign demonstrated that the people of New York yearn for solidarity, then let this government foster it.’ 

His aims were echoed by his supporters at his inauguration — including Rep. Alexandria Ocasio-Cortez, D-N.Y., one of the most progressive lawmakers on Capitol Hill.

‘We have chosen that over the distractions of bigotry and barbarism of extreme income inequality,’ Ocasio-Cortez said of Mamdani’s visions for government-led programs like universal child care.

Mamdani’s victory over independent candidate Andrew Cuomo was made possible in part by his stunning success among younger voters ages 18-29. Exit polling from the election’s results indicated he captured as much as 75% of that vote. 

Ronald Suny, professor emeritus of political science and history at the University of Chicago, said the support of younger voters for an openly socialist candidate didn’t come as a surprise.

‘Socialism has now become the catchphrase for the opposition to free-market or neoliberal capitalism, which is the idea that the market can do it all. Huge swaths of the lower and middle classes have not increased their well-being or their real incomes in the last 50 years,’ Suny said.

Suny believes younger audiences have embraced socialism as a way to describe an ideal — even if they don’t have a good sense of what socialism means in practice. That’s dovetailed with the rise of Mamdani and other progressives promising to use the power of government to create a more even playing field on issues like the cost of living, housing, transportation and healthcare.

It’s a semantic change, some argue.

Jason Palmer, co-founder of TOGETHER!, a youth-centered organization that promotes political engagement at the collegiate level, first noticed a change in the way students talked about socialism around three years ago.

‘I started noticing it about 2022 — and it’s really connected to affordability. A lot of young people feel like nothing is affordable to them. They can’t buy a house. One thing that came up a lot on the campaign trail is they can’t even afford to pay the rent deposit,’ Palmer said.

‘I’ve spoken to a lot of them, and I always ask them, ‘What does socialism mean to you?’ They say, ‘Well, I don’t know the official definition, but here’s what it means to me. It means equality, it means fairness, it means an even playing field with higher taxes on the rich, a more equitable society.’’

Rep. Byron Donalds, R-Fla., attributed shifts in how socialism is viewed to shortcomings in education.

‘Our K-12 system — we failed to actually educate people about the implications of economic policy and the way it overlays into cultural frameworks of societies,’ Donalds said. ‘[Socialism] empowers government, makes government be more heavy-handed, driving choices, as opposed to letting people do that.’

Donalds’ concern stems from his conviction that socialism is at odds with the principles of American freedom. In his view, it’s overly reliant on a top-down power structure.

‘It always leads to a destruction of liberties,’ Donalds said. ‘There has to be some omnipotent person at the top who makes all the decisions.’

Donalds pointed to the mass starvation and political repression of socialist regimes in Cuba, North Korea, China and Venezuela. 

Fellow Republican Rep. Maria Elvira Salazar, R-Fla., echoed similar alarm as she introduced a bill condemning the horrors of socialism earlier this year.

‘I represent district No. 27 in Miami, Florida — a bastion of hundreds of thousands of Cubans, Nicaraguans and Venezuelans who have fled, who have escaped from despicable horrors you cannot imagine produced by that ideology,’ Salazar said in a floor speech.

But Suny, who studies social change in socialist countries, believes that political framing in the U.S. has inadvertently contributed to a renewed interest in socialism. He argues that younger voters might find themselves unconvinced by a repeated emphasis on socialism’s most grievous failures and don’t see mass starvation in the cards when politicians float government-led child care programs or government-owned supermarkets.

‘[Critics] don’t emphasize elements like turning peasant countries into industrial countries, village countries into urban countries, teaching literacy to the whole population, a number of other things, right?’ Suny said.

Palmer, the co-founder of TOGETHER!, noted that shifting understandings of socialism may vary greatly regionally. He pointed out that Mamdani’s success in New York would likely prove less effective among young voters in Virginia, Pennsylvania or other states.

‘It does play differently with different audiences,’ Palmer said.

Polling by Gallup last year showed that approval surrounding capitalism sank nationally with younger audiences, while socialism’s standing rose. Only 31% of Democrats under 50 have a positive view of capitalism, a drop from 54% in 2010. 

Inversely, Gallup’s findings also showed that the favorability of socialism climbed among younger audiences. Notably, 49% of respondents between the ages of 18 and 34 said they held a positive view of socialism, while 46% said they held a negative view. 

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Ukraine orchestrated a fake hit on one of Russia’s enemies who has fought alongside Ukrainian forces, tricking the Kremlin into paying out a $500,000 bounty Kyiv used to fund its war effort. 

The subject of the supposed Dec. 27 assassination was Denis Kapustin, also known as ‘White Rex,’ the leader of the right-wing Russian Volunteer Corps, a group fighting for the overthrow of Vladimir Putin, Metro UK reported. 

However, Kapustin is alive despite claims from the Ukrainian Armed Forces last week that he was killed by an FPV drone in the southern Zaporizhzhia region.

‘We will definitely avenge you, Denis. Your legacy lives on,’ the RVC group wrote on Telegram last week. 

On Thursday, the Defence Intelligence of Ukraine (GUR) confirmed this was part of a special operation to save Kapustin’s life and, in the process, earn $500,000.

‘Welcome back to life,’ HUR General Kyrylo Budanov, who heads Ukraine’s military intelligence agency, said while congratulating Kapustin and his team on a successful intelligence operation, News.com.au, an Australian news website, reported. 

After Russia’s invasion of Ukraine in 2022, Kapustin founded the RVC to fight alongside the Ukrainian army.

The group, which was banned in Russia as a terrorist organization, was known for staging cross-border attacks in Russia’s Belgorod and Kursk regions. He had twice been sentenced in absentia to life imprisonment by kangaroo courts in Russia, The Sun reported. 

In March 2024, the RVC stormed into Russia and clashed with security forces before capturing Russian soldiers.

Ukraine and Russian are in the middle of peace talks mediated by President Donald Trump. The deal is close, but Ukrainian leaders have said the sticking point remains the issue of disputed territories.  

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A super PAC aligned with President Donald Trump has nearly $300 million in its war chest heading into the 2026 midterms, according to records filed with the Federal Election Commission (FEC) on Thursday.

MAGA Inc. reported $294 million in cash on hand in its latest campaign finance disclosure, which the super PAC said will be used to support candidates aligned with the president’s agenda.

‘Thanks to President Trump’s leadership, MAGA Inc will have the resources to help candidates who support President Trump’s America First agenda of securing our border, keeping our streets safe, supercharging our economy, and making life more affordable for all Americans,’ a MAGA Inc. spokesperson said in a statement, according to the New York Post.

The super PAC raised $102 million in the second half of 2025, including 25 donations of at least $1 million.

The largest contribution came from OpenAI president and co-founder Greg Brockman, who donated $25 million in September.

Brockman said in a post on X this week that he had become more politically active in 2025, including through political contributions that reflect ‘support for policies that advance American innovation and constructive dialogue between government and the technology sector.’

The fundraising haul came even though Trump is not on the ballot this year, underscoring the super PAC’s focus on supporting Republicans in upcoming races.

MAGA Inc. did not play a significant role in the 2022 midterms, opting instead to save its money for Trump’s 2024 campaign.

The super PAC spent $456 million supporting Trump’s bid to return to the White House, according to OpenSecrets, a nonprofit organization that tracks campaign finance data.

MAGA Inc. launched ads in November backing Republican candidate Matt Van Epps, who was endorsed by Trump and went on to defeat Democrat Aftyn Behn in a Tennessee congressional race.

Elon Musk, the billionaire technology entrepreneur and chief executive of SpaceX and Tesla, has signaled an openness to supporting Republican candidates in the midterms.

‘America is toast if the radical left wins,’ he posted on X on Thursday. ‘They will open the floodgates to illegal immigration and fraud.’

Fox News Digital’s Paul Steinhauser contributed to this report.

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