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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.

This post appeared first on FOX NEWS

With Venezuelan dictator Nicolás Maduro extracted from Caracas on Jan. 3, Venezuelans and the world are anxious to learn about the future that awaits.

In a press conference following the Maduro operation on Saturday, President Donald Trump announced that the U.S. is ‘going to run the country’ until a transition can be safely made.

Isaias Medina, an international lawyer and former senior Venezuelan diplomat, said a peaceful transition is vital for the 9 million to 10 million Venezuelans who are forcibly displaced and living in exile. Medina, who resigned his diplomatic post in protest against Maduro’s rule in 2017, told Fox News Digital that exiled Venezuelans ‘have been preparing ourselves to go back to rebuild our nation.’

With support from international organizations like the Organization of American States, Medina said the most important next step for Venezuela is to establish a transitional government that can restore the rule of law and rebuild institutions that have been decimated under the Maduro regime. Setting in place free and fair elections is particularly important, Medina said, noting that it’s ‘a legal obligation owed to [Venezuela’s] people, because on their occupied territory, it was never equitable or really free.’

Under Maduro, Medina said that ‘there was no separation of powers, there was no rule of law, there was not even sovereignty.’ Instead, Medina said Venezuela had an occupied territory extensively influenced by terrorist and trafficking organizations Hamas, Hezbollah, the Ejército de Liberación Nacional (ELN) and the Revolutionary Armed Forces of Colombia (FARC). He said these groups were exploiting Venezuelan resources.

David Daoud, a senior fellow at the Foundation for Defense of Democracies, told Fox News Digital that so long as Venezuela poses no threat to U.S. national security, the ‘ideal situation’ for Venezuela ‘would be American guidance for determined local action.’ 

‘The best we can shepherd Venezuela to be is a productive member of the family of nations, and that’s something that we can help with a softer touch, without boots on the ground,’ Daoud said. ‘I don’t think we need to be in the business of trying to create Jeffersonian democracies anywhere.’

Following Maduro’s ouster, Daoud said the level of chaos allowed to exist inside Venezuela will determine whether terror groups like Hezbollah and Hamas will be able to continue operating there. ‘It would really depend — does the day after in Venezuela create a stable state that is able to properly exercise control over all its territory, is interested in implementing the rule of law, is not corrupt. That would make things very, very complicated, if not impossible, for Hezbollah to operate, at least in the way it has been operating for a decade-plus, ever since the linkage between it and the original Chávez regime came about.’

Going forward, Medina suggested that the country will also have to manage guerrilla forces like the colectivos, violent groups of Venezuelans who were armed and trained with old U.S. and Russian military weapons. Medina said having these guerrillas ‘return the weapons for freedom’ could help to ‘unite the nation under one banner of development and evolution… so that we can have a country that really meets the expectations, not only of the riches that it has, but of the people and the development of their education and training and jobs, because it has been completely destroyed by design.’

Though the road ahead is uncertain, Medina is filled with hope. ‘What we have ahead of us is a great journey to be able to build upon the ruins of what this regime left us. But I think we’re going to become stronger, and this is the moment. The time has come,’ Medina said.

This post appeared first on FOX NEWS

It can fairly be said that the most precarious jobs in the world are those of a golf ball collector at a driving range, a mascot at a Chuck E. Cheese and a Trump administration lawyer.

That was evident at the press conference yesterday as President Donald Trump blew apart the carefully constructed narrative presented earlier for the seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores. Some of us had written that Trump had a winning legal argument by focusing on the operation as the seizure of two indicted individuals in reliance on past judicial rulings, including the decisions in the case of former Panamanian dictator Manuel Noriega.

Secretary of State Marco Rubio and Air Force Gen. Dan Caine, chairman of the Joint Chiefs of Staff, stayed on script and reinforced this narrative. Both repeatedly noted that this was an operation intended to bring two individuals to justice and that law enforcement personnel were part of the extraction team to place them in legal custody. Rubio was, again, particularly effective in emphasizing that Maduro was not the head of state but a criminal dictator who took control after losing democratic elections.

However, while noting the purpose of the capture, Trump proceeded to declare that the United States would engage in nation-building to achieve lasting regime change. He stated that they would be running Venezuela to ensure a friendly government and the repayment of seized U.S. property dating back to the government of Maduro’s mentor and predecessor, Hugo Chávez.

This city is full of self-proclaimed Trump whisperers who rarely score above random selection in their predictions. However, there are certain pronounced elements in Trump’s approach to such matters. First, he is the most transparent president in my lifetime, with prolonged (at times excruciatingly long) press conferences and a brutal frankness about his motivations. Second, he is unabashedly and undeniably transactional in most of his dealings. He is not ashamed to state what he wants the country to get out of the deal.

In Venezuela, he wants a stable partner, and he wants oil.

Chávez and Maduro had implemented moronic socialist policies that reduced one of the most prosperous nations to an economic basket case. They brought in Cuban security thugs to help keep the population under repressive conditions, as a third fled to the United States and other countries.

After an extraordinary operation to capture Maduro, Trump was faced with socialist Maduro allies on every level of the government. He is not willing to allow those same regressive elements to reassert themselves.

The problem is that, if the purpose was regime change, this attack was an act of war, which is why Rubio struggled to bring the presser back to the law enforcement purpose. I have long criticized the erosion of the war declaration powers of Congress, including my representation of members of Congress in opposition to Obama’s Libyan war effort.

The fact, however, is that we lost that case. Trump knows that. Courts have routinely dismissed challenges to undeclared military offensives against other nations. In fairness to Trump, most Democrats were as quiet as church mice when Obama and Hillary Clinton attacked Libya’s capital and military sites to achieve regime change without any authorization from Congress. They were also silent when Obama vaporized an American under this ‘kill list’ policy without even a criminal charge. So please spare me the outrage now.

My strong preferences for congressional authorization and consultation are immaterial. The question I am asked as a legal analyst is whether this operation would be viewed as lawful. The answer remains yes.

The courts have previously upheld the authority of presidents to seize individuals abroad, including the purported heads of state. This case is actually stronger in many respects than the one involving Noriega. Maduro will now make the same failed arguments that Noriega raised. He should lose those challenges under existing precedent. If courts apply the same standards to Trump (which is often an uncertain proposition), Trump will win on the right to seize Maduro and bring him to justice.

But then, how about the other rationales rattled off at Mar-a-Lago? In my view, it will not matter. Here is why:

The immediate purpose and result of the operation was to capture Maduro and to bring him to face his indictment in New York. That is Noriega 2.0. The administration put him into custody at the time of extraction with law enforcement personnel and handed him over to the Justice Department for prosecution.

The Trump administration can then argue that it had to deal with the aftermath of that operation and would not simply leave the country without a leader or stable government. Trump emphasized, ‘We’re going to run the country until such time as we can do a safe, proper and judicious transition.’

I still do not like the import of those statements. Venezuelans must be in charge of their own country and our role, if any, must be to help them establish a democratic and stable government. Trump added, ‘We can’t take a chance that somebody else takes over Venezuela that doesn’t have the good of the Venezuelan people in mind.’

The devil is in the details. Venezuelans must decide who has their best interests in mind, not the United States.

However, returning to the legal elements, I do not see how a court could free Maduro simply because it disapproves of nation-building. Presidents have engaged in such policies for years. The aftermath of the operation is distinct from its immediate purpose. Trump can argue that, absent countervailing action from Congress, he has the authority under Article II of the Constitution to lay the foundation for a constitutional and economic revival in Venezuela.

He will leave it to his lawyers to make that case. It is not the case that some of us preferred, but it is the case that he wants to be made. He is not someone who can be scripted. It is his script and he is still likely to prevail in holding Maduro and his wife for trial.

This post appeared first on FOX NEWS

Dan Bongino returned to private life on Sunday after serving as deputy director of the Federal Bureau of Investigation (FBI) for less than a year.

Bongino said on X that Saturday was his last day on the job before he would return to ‘civilian life.’

‘It’s been an incredible year thanks to the leadership and decisiveness of President Trump. It was the honor of a lifetime to work with Director Patel, and to serve you, the American people. See you on the other side,’ he wrote.

The former FBI deputy director announced in mid-December that he would be leaving his role at the bureau at the start of the new year.

President Donald Trump previously praised Bongino, who assumed office in March, for his work at the FBI.

‘Dan did a great job. I think he wants to go back to his show,’ Trump told reporters.

Bongino spoke publicly about the personal toll of the job during a May appearance on ‘Fox & Friends,’ saying he had sacrificed a lot to take the role.

‘I gave up everything for this,’ he said, citing the long hours both he and FBI Director Kash Patel work.

‘I stare at these four walls all day in D.C., by myself, divorced from my wife — not divorced, but I mean separated — and it’s hard. I mean, we love each other, and it’s hard to be apart,’ he added.

Bongino’s departure leaves Andrew Bailey, who was appointed co-deputy director in September 2025, as the bureau’s other deputy director.

This post appeared first on FOX NEWS

It can fairly be said that the most precarious jobs in the world are those of a golf ball collector at a driving range, a mascot at a Chuck E. Cheese and a Trump administration lawyer.

That was evident at the press conference yesterday as President Donald Trump blew apart the carefully constructed narrative presented earlier for the seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores. Some of us had written that Trump had a winning legal argument by focusing on the operation as the seizure of two indicted individuals in reliance on past judicial rulings, including the decisions in the case of former Panamanian dictator Manuel Noriega.

Secretary of State Marco Rubio and Air Force Gen. Dan Caine, chairman of the Joint Chiefs of Staff, stayed on script and reinforced this narrative. Both repeatedly noted that this was an operation intended to bring two individuals to justice and that law enforcement personnel were part of the extraction team to place them in legal custody. Rubio was, again, particularly effective in emphasizing that Maduro was not the head of state but a criminal dictator who took control after losing democratic elections.

However, while noting the purpose of the capture, Trump proceeded to declare that the United States would engage in nation-building to achieve lasting regime change. He stated that they would be running Venezuela to ensure a friendly government and the repayment of seized U.S. property dating back to the government of Maduro’s mentor and predecessor, Hugo Chávez.

This city is full of self-proclaimed Trump whisperers who rarely score above random selection in their predictions. However, there are certain pronounced elements in Trump’s approach to such matters. First, he is the most transparent president in my lifetime, with prolonged (at times excruciatingly long) press conferences and a brutal frankness about his motivations. Second, he is unabashedly and undeniably transactional in most of his dealings. He is not ashamed to state what he wants the country to get out of the deal.

In Venezuela, he wants a stable partner, and he wants oil.

Chávez and Maduro had implemented moronic socialist policies that reduced one of the most prosperous nations to an economic basket case. They brought in Cuban security thugs to help keep the population under repressive conditions, as a third fled to the United States and other countries.

After an extraordinary operation to capture Maduro, Trump was faced with socialist Maduro allies on every level of the government. He is not willing to allow those same regressive elements to reassert themselves.

The problem is that, if the purpose was regime change, this attack was an act of war, which is why Rubio struggled to bring the presser back to the law enforcement purpose. I have long criticized the erosion of the war declaration powers of Congress, including my representation of members of Congress in opposition to Obama’s Libyan war effort.

The fact, however, is that we lost that case. Trump knows that. Courts have routinely dismissed challenges to undeclared military offensives against other nations. In fairness to Trump, most Democrats were as quiet as church mice when Obama and Hillary Clinton attacked Libya’s capital and military sites to achieve regime change without any authorization from Congress. They were also silent when Obama vaporized an American under this ‘kill list’ policy without even a criminal charge. So please spare me the outrage now.

My strong preferences for congressional authorization and consultation are immaterial. The question I am asked as a legal analyst is whether this operation would be viewed as lawful. The answer remains yes.

The courts have previously upheld the authority of presidents to seize individuals abroad, including the purported heads of state. This case is actually stronger in many respects than the one involving Noriega. Maduro will now make the same failed arguments that Noriega raised. He should lose those challenges under existing precedent. If courts apply the same standards to Trump (which is often an uncertain proposition), Trump will win on the right to seize Maduro and bring him to justice.

But then, how about the other rationales rattled off at Mar-a-Lago? In my view, it will not matter. Here is why:

The immediate purpose and result of the operation was to capture Maduro and to bring him to face his indictment in New York. That is Noriega 2.0. The administration put him into custody at the time of extraction with law enforcement personnel and handed him over to the Justice Department for prosecution.

The Trump administration can then argue that it had to deal with the aftermath of that operation and would not simply leave the country without a leader or stable government. Trump emphasized, ‘We’re going to run the country until such time as we can do a safe, proper and judicious transition.’

I still do not like the import of those statements. Venezuelans must be in charge of their own country and our role, if any, must be to help them establish a democratic and stable government. Trump added, ‘We can’t take a chance that somebody else takes over Venezuela that doesn’t have the good of the Venezuelan people in mind.’

The devil is in the details. Venezuelans must decide who has their best interests in mind, not the United States.

However, returning to the legal elements, I do not see how a court could free Maduro simply because it disapproves of nation-building. Presidents have engaged in such policies for years. The aftermath of the operation is distinct from its immediate purpose. Trump can argue that, absent countervailing action from Congress, he has the authority under Article II of the Constitution to lay the foundation for a constitutional and economic revival in Venezuela.

He will leave it to his lawyers to make that case. It is not the case that some of us preferred, but it is the case that he wants to be made. He is not someone who can be scripted. It is his script and he is still likely to prevail in holding Maduro and his wife for trial.

This post appeared first on FOX NEWS

To kick it off, our team asked nine experts to share their highest-conviction sectors.

Here’s what they had to say.

1. John Rubino — Silver

2. Peter Schiff — Silver, mining stocks

Peter Schiff of Euro Pacific Asset Management and Schiff Gold mentioned silver too, although he also said he sees mining stocks overall doing well.

3. Craig Hemke — Silver-mining stocks

Similarly, Craig Hemke of TFMetalsReport.com is bullish on silver, but said his choice for top-performing asset of 2026 would be silver-mining stocks.

4. Byron King — Gold

5. Chris Temple — Uranium

6. Lobo Tiggre — Copper

7. Rick Rule — Oil/gas, small-scale community banks in the US

Unsurprisingly, Rick Rule of Rule Investment Media went outside the box.

8. Gareth Soloway — ‘Defensive names’ like Pfizer (NYSE:PFE)

Gareth Soloway of VerifiedInvesting.com also had an alternate take. Although he believes gold will perform well in 2026, he said it won’t necessarily be the top-performing asset.

9. Clem Chambers — Intel (NASDAQ:INTC)

Finally, Clem Chambers of aNewFN.com spoke about why he sees promise in Intel.

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

This post appeared first on investingnews.com

After a steep decline during the first half of 2025, the zinc price is ending the year close to where they started.

Because it’s used to make galvanized steel, the majority of zinc demand is closely tied to housing and manufacturing sectors, which have recently faced pressures from a combination of high inflation and interest rates.

Additional pressures have come from an evolving US trade policy, causing uncertainty among investors who turned away from real estate and consumers who reduced spending.

What happened to the zinc price in 2025?

The zinc price was relatively flat at the start of 2025, beginning the year at US$2,927 per metric ton (MT) on January 2 and closing the first quarter at US$2,855 on March 30. However, the second quarter brought a broad rout for base metals prices, and by April 9 zinc had fallen to a yearly low of US$2,562.

Since then, zinc has gained steadily, ending the second quarter at US$2,753 on June 30. The price rise continued through Q3 and Q4, with zinc reaching US$2,954 on September 30 and US$3,088 on December 29.

Zinc price, 2025.

Chart via the London Metal Exchange.

Key trends for zinc in 2025

As mentioned, zinc saw a major price decline at the start of April, falling 14 percent as the base metals sector responded to US President Donald Trump’s “Liberation Day” tariffs announcement.

At the time, analysts predicted that the proposed reciprocal tariffs could trigger a recession, impacting consumer spending on new homes and cars, both of which have significant inputs of galvanized steel.

While the threat of a significant global recession eased as the proposed tariffs were dialed back, considerable uncertainty among both investors and consumers remained. This was evident in the US housing market, where affordability challenges persist, leading to stagnation in new housing starts and a glut of unsold homes.

Likewise, a stalled Chinese housing market persisted throughout 2025. The country’s real estate market collapsed in 2020 as Evergrande and Country Garden filed for bankruptcy. Over the past five years, the government has implemented several measures to stimulate the beleaguered sector, but they have had little effect.

According to CNBC, November sales from China’s top 100 developers declined 36 percent over 2024, and were down 19 percent through the first 11 months of 2025 — a ‘real and concerning’ worsening.

Against that backdrop, the International Lead and Zinc Study Group (ILZSG) is predicting a 2025 zinc market surplus of 85,000 MT in 2025. It notes that during the first 10 months of the year, zinc mine production rose to 10.51 million MT, up from 9.87 million MT in 2024. Refined zinc production was also up, rising slightly to 11.52 million MT from 11.12 million MT in the same period last year. Zinc demand reached 11.44 million MT, up from 11.19 million MT in 2024.

Despite the oversupply situation, London Metal Exchange (LME) stockpiles fell from 230,325 MT on January 2 to just 33,825 MT on November 1. The gap has since widened again, reaching 52,025 MT on November 28.

Zinc surplus expected in 2026

Oversupply is likely to persist as newly mined metals enter the market, while demand growth remains modest.

The ILZSG is predicting that global refined zinc demand will increase by 1 percent to 13.86 million MT in 2026.

The group notes that while it anticipates sees Chinese demand posting a 1.3 percent gain in 2025, it believes usage from the country will be flat in 2026 as the slump in the Chinese real estate sector persists into 2027.

Additional challenges are arising from a slowdown in the US housing market, as new buyers face high home prices and elevated mortgage rates. However, policy proposals from the Trump administration on December 17 could give the sector a much-needed boost and potentially increase downstream demand for zinc.

Likewise, European zinc demand is likely to grow next year following predicted 0.7 percent growth in 2025.

However, the ILZSG is predicting a more significant upward trend in zinc mine supply in 2026 — the organization is anticipating that output will increase by 2.4 percent to 12.8 million MT. This will come on the back of higher output from existing operations in Europe, Australia, Brazil, the Democratic Republic of Congo and China.

Additional zinc supply will come from a recent restart at the Almina-Minas Aljustrel mine in Portugal, commissioning of Bunker Hill Mining’s (CSE:BNKR,OTCQB:BHLL) namesake mine in Idaho, and the start of commercial production at the Xinjiang Huoshaoyun mine in China, which will be the sixth largest lead-zinc mine in the world.

Refined zinc output is also expected to increase by 2.4 percent in 2026, reaching 14.13 million MT from the anticipated 13.8 million MT in 2025. The higher levels are owed to the greater availability of concentrates in Brazil, Canada, Norway and China. Overall, the ILZSG predicts a global zinc supply surplus of 271,000 MT in 2026.

Zinc price forecast for 2026

In terms of the zinc price in 2026, a December report from Fastmarkets suggests that upward momentum from the 2025 LME average of US$3,218 is expected to continue through the first half of the year.

The firm points to regional disparities as Chinese production runs at a surplus, while the rest of the world falls short.

However, the expectation is that the zinc market will achieve a better balance in the second half of the year and into 2027 as global surpluses begin to emerge. Zinc prices are then seen declining as a result.

For its part, Morgan Stanley (NYSE:MS) recently revised its zinc price outlook for 2026, calling for a yearly average of US$2,900 for the base metal, as per a mid-December Reuters article.

Additionally, according to a November Argus report, long-term zinc contracts have slowed amid low LME inventories, creating near-term uncertainty and driving prices higher.

Argus suggests that manufacturers have been slow to issue sales orders, which has caused uncertainty among producers, leaving them to take a wait-and-see approach to determine if low inventories persist.

It’s also important to note that zinc is listed as a critical mineral in the US for its use in the production of galvanized steel for infrastructure and defense projects. The US has already given South32’s (ASX:S32,OTC Pink:SHTLF) Hermosa project FAST-41 approval, giving it access to streamlined regulatory processes.

With building regional disparities and a tense relationship between the US and China, the world’s top zinc producer, a deteriorating trade status could be a boon for US and western producers of the metal.

However, as long as refined supply of zinc remains in surplus against a backdrop of weak demand growth, investors can expect more of the same from zinc markets in the near term. This may open up opportunities for patient or less risk-averse investors who are willing to take a wait-and-see approach to how the market evolves.

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

This post appeared first on investingnews.com

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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The Venezuelan dictator captured by the Trump administration worked as a bus driver and union organizer before his ascent through the South American country’s political system, where he ultimately became a wanted man by the U.S. with a $50 million reward for information leading to his arrest. 

Nicolás Maduro was ‘captured and flown out of the country’ early Saturday following a ‘large-scale strike’ by the U.S. military, according to President Donald Trump

The actions mark a stunning fall for Maduro, who was serving his third term as president of Venezuela. He led an administration that grappled with economic challenges, mass protests, disputed election results and allegations of narco-trafficking. 

Maduro was born in Venezuela’s capital of Caracas on Nov. 23, 1962. As a young man, he was sent to communist Cuba in 1986 for a year of ideological instruction — his only studies after high school.

Upon returning home, Maduro found work as a bus driver and union organizer. He embraced the late Venezuelan President Hugo Chávez after the then-army paratrooper in 1992 staged a failed coup against an unpopular austerity government. Around the same time, he met his longtime partner, Cilia Flores, a lawyer for the jailed leader. 

After Chávez was freed and elected president in 1998, Maduro, a young lawmaker, helped push his agenda of redistributing the OPEC nation’s oil wealth and political power. 

In 2000, Maduro was elected to Venezuela’s National Assembly. He later became the president of the National Assembly in 2005.

Then in 2006, Chávez appointed Maduro as Venezuela’s foreign minister. Six years later, Maduro was appointed as Venezuela’s vice president. 

When Maduro took power in 2013 following his mentor’s death from cancer, he struggled to bring order to the grief-stricken nation. Without ‘El Comandante’ in charge, the economy entered a death spiral — shrinking 71% from 2012 to 2020, with inflation topping 130,000% — and opponents and rivals inside the government saw an opportunity. 

Less than a year into Maduro’s presidency, hardliner opponents launched demonstrations demanding his exit.

Leaning heavily on Venezuela’s security forces, Maduro crushed the protests. However, with supermarket shelves empty amid widespread shortages, they resumed with more intensity three years later, leaving more than 100 people dead. In 2018, the International Criminal Court initiated a criminal investigation into possible crimes against humanity. 

The crackdown continued into the 2018 presidential race, which the opposition boycotted when several of its leaders were barred from running. Dozens of countries led by the U.S. condemned Maduro’s first re-election as illegitimate and recognized Juan Guaidó, the head of the National Assembly, as Venezuela’s elected leader. 

‘Since 2019, more than 50 countries, including the United States, have refused to recognize Maduro as Venezuela’s head of state,’ the State Department said in a profile of Maduro on its website.

‘Maduro helped manage and ultimately lead the Cartel of the Suns, a Venezuelan drug-trafficking organization comprised of high-ranking Venezuelan officials. As he gained power in Venezuela, Maduro participated in a corrupt and violent narco-terrorism conspiracy with the Revolutionary Armed Forces of Colombia (FARC), a designated Foreign Terrorist Organization,’ it added.  

‘Maduro negotiated multi-ton shipments of FARC-produced cocaine; directed the Cartel of the Suns to provide military-grade weapons to the FARC; coordinated with narcotics traffickers in Honduras and other countries to facilitate large-scale drug trafficking; and solicited assistance from FARC leadership in training an unsanctioned militia group that functioned, in essence, as an armed forces unit for the Cartel of the Suns,’ the State Department continued. 

‘In March 2020, Maduro was charged in the Southern District of New York for narco-terrorism, conspiracy to import cocaine, possession of machine guns and destructive devices, and conspiracy to possess machine guns and destructive devices,’ it also said.

Maduro was re-elected again in 2024 in another disputed election. 

‘Given the overwhelming evidence, it is clear to the United States and, most importantly, to the Venezuelan people that Edmundo González Urrutia won the most votes in Venezuela’s July 28 presidential election,’ then-Secretary of State Antony Blinken said at the time. 

Maduro then delivered a fiery inauguration speech in January 2025, likening himself to a biblical David fighting Goliath and accusing his opponents and their supporters in the U.S. of trying to turn his inauguration into a ‘world war.’ 

He said his enemies’ failure to block his inauguration to a third six-year term was ‘a great victory’ for Venezuela’s peace and national sovereignty. 

‘I have not been made president by the government of the United States, nor by the pro-imperialist governments of Latin America,’ he said, after being draped with a sash in the red, yellow and blue of Venezuela’s flag. ‘I come from the people, I am of the people, and my power emanates from history and from the people. And to the people, I owe my whole life, body and soul.’ 

Months later, Attorney General Pam Bondi announced a $50 million reward for information leading to Maduro’s arrest.

‘Maduro uses foreign terrorist organizations like TdA (Tren de Aragua), Sinaloa and Cartel of the Suns (Cartel de Soles) to bring deadly violence to our country,’ Bondi said in a video message in August 2025. ‘He is one of the largest narco-traffickers in the world and a threat to our national security.’ 

Fox News’ Michael Sinkewicz, Lucas Y. Tomlinson, Louis Casiano and The Associated Press contributed to this report. 

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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     

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