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- Fugitive arrested over alleged scheme to monopolise cross-border car trade
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Federal authorities have apprehended Rigoberto Brown, a fugitive charged with conspiring to monopolise the Texas-Mexico transmigrante forwarding industry. His arrest near McAllen follows an investigation into a price-fixing scheme led by Carlos Martinez, now serving an 11-year prison sentence for similar charges. Brown faces significant penalties if convicted.
Major stock markets experienced mixed trading on Friday, with oil prices rising and the dollar weakening. Investors remain focused on U.S. interest rate forecasts and the ongoing conflict in the Middle East. The Kospi index, having rebounded over 20% from a significant drop, reflects this volatility.
The U.S. Army has paused Apache helicopter training flights following the fatal crash of an AH-64 Apache near Fort Hood, Texas, that killed two pilots, Chief Warrant Officer 2 Deontre T. Huey and Warrant Officer Seth L. Olmsted. The stand-down will continue pending an investigation into the accident’s cause.
A CBS News poll reveals that 65% of Americans disapprove of President Trump’s economic management, while 71% disapprove of his handling of inflation. Additionally, 63% believe the war in Iran is progressing poorly for the United States, according to reporter Olivia Gazis.
The Pentagon has updated its casualty database, listing four service members killed in Jordan and Iraq in July separately from 14 others who died in the war with Iran. The discrepancy arose after a ceasefire was declared, with officials citing a “temporary data disruption.” Nearly 100 U.S. service members have been injured since July 7.
Vermont Senator Bernie Sanders emphasised the need for immediate negotiations to end the ongoing war in Iran, asserting its unconstitutionality. He advocated for reallocating $67 billion to address domestic issues such as healthcare and housing, amidst rising concerns over economic inequality.
The U.S. has halted strikes against Iran amid ongoing tensions, while LeBron James has signed with the Philadelphia 76ers. Additionally, SpaceX is set to conduct its first flight following its initial public offering, marking a significant milestone for the aerospace company.
Ukrainian President Volodymyr Zelenskyy announced plans to provide the United States with evidence indicating Russian satellite surveillance of U.S. military bases in the Middle East is being relayed to Iran. He noted specific instances where Russian satellites focused on bases in Bahrain, Jordan, and Kuwait.
Maine Democrats are convening to nominate a U.S. Senate candidate following Graham Platner’s withdrawal due to a sexual assault allegation. Former state Senate President Troy Jackson is expected to secure the nomination, with a majority of delegates backing him, while other candidates have withdrawn.
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