We know what’s coming and we are prepared.
🇨🇴✔️🇺🇸 — 🇻🇪 The president of Colombia, Gustavo Petro, officially acknowledges that the United States bombed an ELN factory in Maracaibo, Venezuela, and contradicts Nicolás Maduro, who denies that this happened:
“It turns out that many boats attacked with missiles, as is happening in the seizures we carry out in Colombia or, with our help, outside Colombia, were not carrying cocaine but cannabis.
A paradoxical problem: in the U.S., in many places it is legal. And the Colombian Congress should not have allowed its illegality; it was lost by one vote. That vote has taken the lives of many humble boatmen, and not of a single U.S. consumer or consumer anywhere in the world. Trump is completely wrong. Cocaine to Europe is moving by submarine and container. Cannabis is what is being illegitimately attacked.
The ELN in Catatumbo, and the 33rd Front, must decide whether they are going to compete for cocaine or for Peace. Only about 5% of the cocaine produced in Colombia passes through there.
We know that Trump bombed a factory in Maracaibo; we fear that they mix coca paste there to make cocaine and take advantage of the location on Lake Maracaibo.
It is simply the ELN. The ELN is allowing, through its racketeering and its mental dogma, the invasion of Venezuela.
The Colombian army must immediately take a ‘Gringo edge’ in Catatumbo and replace crops. Today, due to the expansion of coca leaf cultivation in Latin America, faced with a demand that is growing only too much in Europe, the price of cocaine has collapsed. There are huge warehouses in Africa storing dozens of tons of cocaine, and the price of coca leaf in Colombia has collapsed; cannabis and illicit gold are now more profitable than cocaine.
It is time for substitution; the state must take advantage of it.
They have made Trump believe that I am a front man for Maduro, hence his recent references to me. I thought U.S. intelligence was more professional, or that, if it is, the president of the U.S. does not listen to it and surrounds himself with greedy far-right figures who are not seeking the truth.
A few days after the New Year, I will recount the particularities of my relationship with Chávez’s progressive movement and my frustrations about what remained of his government after his death.
I do not know whether Maduro has illegitimately taken wealth from Venezuela; in our country there is no evidence of drug trafficking on his part. The generals we proved were negotiating cocaine were in sedition with the support of the Colombian government, seeking a coup in Caracas.
But by now professional investigators in the U.S. should have verified that neither I nor my close relatives have assets outside the country or in Colombia, other than my home, for which I am still in debt.
Even The New York Times has already published a journalistic article saying that they have found no evidence against me to keep me on the OFAC list.
What a mess by the U.S. government. My last phone conversation with Maduro was about how to jointly strike the ELN on the border. I am a free man and always will be, and I do not care about greed.”
Gustavo Petro (@petrogustavo) on 𝕏 🖇
Speaking at the WEF, Savor CEO Kathleen Alexander boasts about how her company is "saving the planet" from the evils of agriculture by replacing real butters and oils with synthetic versions made from carbon dioxide and methane. 😳
"Savor is part of bringing transformation to the food system by re-imagining how we make an entire macronutrient—fats and oils."
"The result is that we can dramatically lower the planetary footprint of our food system."
"Our food system today uses about 50% of the habitable land on the planet. It's 20-30% of our greenhouse gas emissions."
"And we can reduce all of those by 50-100%."
Source
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🔥 Top Stories
• Middle East risk flares — IDF hits Hezbollah sites in south Lebanon; Houthis threaten Saudi assets; France deploys naval/mine-countermeasure assets near Hormuz.
• U.S. oil market scrutiny — DOJ/FTC say they’re monitoring crude for price-fixing/collusion as Brent settles at $72.12/bbl.
• Trump pardons saga — Trump signs pardons for six and faces fresh scrutiny after NBC reported undisclosed stock purchases before tariff pause.
⛽ Oil & Energy
• Gulf crude exports topped 10M bpd in June but remain ~40% below pre-conflict levels; Fitch flags ongoing Iran/Mideast risk to corporates and oil forecasts.
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📊 Markets & Macro
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🇮🇷🏆🇺🇸 Iran Is a Bigger Defeat Than Vietnam | Foreign Policy
At his second inaugural, U.S. President Donald Trump pronounced his hope “that our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.” By losing his Gulf war, Trump has achieved that goal. His choice to launch a campaign against Iran was encouraged by others, but fully his own. It has led to a reversal that marks a strategic calamity far greater than the U.S. defeat in the Vietnam War.
Defeat in the Iranian war looks, on the surface, nothing like other U.S. military defeats. The speed of the war and its remoteness have lent an air of unreality to the whole endeavor. The White House has not been burned, as it was in 1814; there have not been protests against a nonexistent draft. The absence of substantial U.S. casualties in this conflict also masks the scale of the U.S. defeat. To be sure, the war has been deadly: Thousands of Iranians, ...
According to The Wall Street Journal, Donald Trump reviewed military options for a full-scale war against Iran to “finish the job,” but has decided, for now, not to move forward.
The report says Trump is concerned that renewed military conflict could hurt the chances of a diplomatic resolution and of dismantling Iran’s nuclear program, and that he’s shown willingness to let indirect talks in Qatar run past the August 18 deadline. He is said to be fine with continuing limited strikes on Iranian targets if Tehran violates the current temporary deal - as it already has, repeatedly.
How are those negotiations going?
Not well. It seems JD Vance’s “historic” face-to-face achievement was a one-off. Washington has been quietly downgraded from talking to the Great Satan to negotiating with the Little Satan instead - a senior Qatari official confirmed that U.S. envoys Steve Witkoff and Jared Kushner met Qatari officials in Doha, but there are currently no high-level U.S.-Iran meetings ...
