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Iran’s internet blackout has hardened into a permanent system of digital repression, with the regime treating citizens’ access to the outside world as an ‘existential threat,’ according to digital rights monitors.

Internet monitoring group NetBlocks reported Monday that Iran’s connectivity landscape had shifted dramatically as the country entered its 22nd day of unrest, following several days of almost total nationwide internet shutdown.

‘On the twenty-second day, after several days of an almost complete internet shutdown, reports emerged of limited and unstable internet connectivity in some parts of the country,’ NetBlocks reported.

‘Indications are that we’re seeing a move toward a kind of ‘filternet plus’ censorship scheme in Iran,’ NetBlocks CEO Alp Toker told Fox News Digital before pointing to ‘a rapid decline into a darker kind of digital darkness.’

‘The key difference from the pre-protest filternet arrangement is that, while internet platforms were extensively censored before, the regime is selectively whitelisting only a handful of services it deems critical for business needs.

‘Even this selective access is sporadic, which means the censorship is likely still in the test phase,’ he added. ‘In practice though, ordinary users remain offline.’

Toker described how the digital darkness ‘is in fact getting darker because the information controls are getting tighter.’

‘Where international links were tolerated as a window to trade, the regime is approaching each of these as potential threats,’ he said before adding that the regime ‘sees its own citizens’ ability to communicate with the rest of the world as an existential threat because the people are disaffected.’

According to the Human Rights Activists News Agency (HRANA) at least 2,571 people were killed as of Monday, with additional deaths reported but not yet fully verified amid the communications blackout.

The internet blackout began Jan. 8 amid escalating demonstrations since Dec. 28, as authorities sought to prevent protesters from organizing, sharing videos of crackdowns and communicating with the outside world.

Since then, connectivity has remained inconsistent, with frequent outages and throttling even when partial access is restored.

Iran International reported the blackout was expected to last until at least late March, with IranWire saying government spokeswoman Fatemeh Mohajerani told media activists that access to international online services would not be restored before Nowruz, the Iranian New Year, on March 20.

‘Having internet access was always a window to the outside and a lifeline for many Iranians,’ Toker added. ‘It allowed for personal expression and culture that is banned by the regime.’

‘These online freedoms can be as simple as online gaming, watching foreign movies or women’s ability to participate equally in spaces that would otherwise be barred by the Islamic Republic,’ he added.

‘With the internet blackout continuing, the curtain has been drawn on that window,’ Toker said. ‘This is angering many Iranians, particularly Gen Z, who stand to lose a part of their identity.’

The blackout has also coincided with cyber incidents targeting Iran’s state infrastructure.

As previously reported by Fox News Digital, anti-regime activists hacked Iran’s national broadcaster, briefly interrupting state television to air protest messages and calls from Reza Pahlavi, the exiled son of Iran’s last shah and a prominent opposition figure.

‘We aren’t able to see the specific hack here,’ Toker explained. ‘The lack of up-to-date security is an issue for Iran.’

‘It is caused directly by the country’s digital isolation,’ he said. ‘Iran’s internet systems are outdated, and security tools aren’t available due to internet restrictions.’

Toker added that embargoes force widespread use of pirated software, which often contains hidden vulnerabilities that can be exploited to breach critical networks.

He said cyber warfare played a major role during the June 2025 clashes between Israel and Iran, prompting the blackout as a defensive measure against digital attacks. Israel, he noted, also restricted parts of its own network at the time.

‘In 2026, we haven’t seen the same focus on cyber incidents, but it’s clear there’s an ongoing battle between state actors as well as individual hackers,’ Toker said.

This post appeared first on FOX NEWS

President Donald Trump has spent the bulk of his second White House term testing the limits of his Article II authorities, both at home and abroad – a defining constitutional fight that legal experts expect to continue to play out in the federal courts for the foreseeable future.

These actions have included the U.S. capture of Venezuelan strongman Nicolás Maduro, who was deposed during a U.S. military raid in Caracas earlier this month, and Trump’s continued fight to deploy National Guard troops in Democrat-led localities, despite the stated objections of state and local leaders.

The moves have drawn reactions ranging from praise to sharp criticism, while raising fresh legal questions about how far a sitting president can go in wielding power at home and abroad.

Legal experts told Fox News Digital in a series of interviews that they do not expect Trump’s executive powers to be curtailed, at least not significantly or immediately, by the federal courts in the near-term.

Despite near-certain challenges from Maduro – who would likely argue any U.S. arrest in Venezuela is illegal, echoing Manuel Noriega’s failed strategy decades ago – experts say Trump’s Justice Department would have little trouble citing court precedent and prior Office of Legal Counsel guidance to justify his arrest and removal.

U.S. presidents have long enjoyed a wider degree of authority on foreign affairs issues – including acting unilaterally to order extraterritorial arrests. Like other U.S. presidents, Trump can cite guidance published in the late 1980s to argue Maduro’s arrest was made within the ‘national interest’ or to protect U.S. persons and property.

Even if an arrest were viewed as infringing on another country’s sovereignty, experts say Trump could cite ample court precedent and longstanding Office of Legal Counsel and Justice Department guidance to argue the action was legally sound.

A 1989 memo authored by then-U.S. Assistant Attorney General Bill Barr has surfaced repeatedly as one of the strongest arguments Trump could cite to justify Maduro’s capture. That OLC memo states that ‘the president, pursuant to his inherent constitutional authority, can authorize enforcement actions independent of any statutory grant of power.’ It also authorizes FBI agents to effectuate arrests ordered by the president under the ‘Take Care’ clause of the U.S. Constitution, and says the authority to order extraterritorial arrests applies even if it impinges ‘on the sovereignty of other countries.’

Importantly, federal courts have read these powers to apply even in instances where Congress has not expressly granted statutory authorization to intervene.

‘When federal interests are at stake, the president, under Article II, has the power to protect them,’ Josh Blackman, a constitutional law professor at the South Texas College of Law, told Fox News Digital in an interview. 

That’s because Article II, at its core, is ‘the power for a U.S. president to protect [its] people,’ Blackman said. 

‘The reason why we detained Maduro was to effectuate an arrest. DOJ personnel and FBI agents were there to arrest him and read him his rights. And the reason why we used 150 aircraft, and all the other military equipment, was to protect the people who were going to arrest Maduro,’ he added. ‘It was a law enforcement operation, but [with] military backing to protect them – so Article II does factor in here, indirectly.’ 

Though Trump himself has not cited a legal justification for the invasion, senior administration officials have, including Secretary of State Marco Rubio and Secretary of War Pete Hegseth, who described Maduro’s arrest respectively, as a mission to indict two ‘fugitives of justice,’ and as a ‘joint military and law enforcement raid.’

In Minnesota, next steps for Trump are a bit more fraught. 

Trump’s National Guard deployment efforts were stymied by the Supreme Court in December, after the high court halted Trump’s National Guard deployments under Title 10. 

Trump had deployed the federalized troops to Illinois and Oregon last year to protect ICE personnel. But the high court issued an interim order rejecting Trump’s bid, noting that under Title 10, the administration could not federalize the National Guard until it first showed they tried to authorize the regular military to enforce the laws but could not do so. 

Some court watchers have noted that the ruling essentially closes off alternatives for Trump to act.

Instead, Trump could opt to enact his Article II ‘protective powers’ domestically via a more sweeping and extreme alternative.

This includes the use of the Insurrection Act to call up active-duty U.S. troops and order them deployed to Minnesota and elsewhere. 

The Insurrection Act is a broad tool that gives presidents the authority to deploy military forces in the U.S. when ‘unlawful obstructions, combinations, or assemblages, or rebellion’ make it ‘impracticable to enforce the laws.’ 

Critics note it is a powerful, far-reaching statute that could grant Trump an expansive set of powers to act domestically in ways that are not reviewable by Congress or by the courts.

Jack Goldsmith, a Harvard Law professor and former U.S. Assistant Attorney General, noted this possibility in a recent chat with former White House counsel Robert Bauer. By ‘closing off this other statute,’ he said, the Supreme Court ‘may have, some argue, driven the president in the direction of the Insurrection Act because this other source of authority was not available.’

Trump allies, for their part, have argued that the president has few other options at his disposal in the wake of the Supreme Court’s interim ruling.

Chad Wolf, the America First Policy Institute’s chair of homeland security and immigration, told Fox News Digital last week that Trump could have ‘little choice’ but to invoke the Insurrection Act.  

‘If the situation on the ground in Minneapolis continues to grow violent, with ICE officers being targeted and injured as well as other violent acts … Trump will have little choice,’ he said. 

Experts are split on to what degree there is a through-line between the two issues.

Blackman, the South Texas College of Law professor, said the ‘point of connection’ in Trump’s actions is the presidential ‘power of protection’ under Article II, which he said applies both abroad and at home. ‘The president can protect his law enforcement domestically, and he can protect his law enforcement abroad, both under Article II.’

Fox News Digital’s Ashley Oliver contributed to this report.

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 Walker Lane Resources Ltd. (TSX-V: WLR) (Frankfurt: 6YL) (the ‘Company’) announces that it has made an application to the British Columbia Securities Commission to approve a temporary management case trade order (‘MCTO’) under National Policy 12-203 Management Cease Trade Orders (‘NP 12-203’). The MCTO, if made, will prohibit trading in securities of the Company by the directors and officers of the Company until such time as the Required Filings (defined below) and all continuous disclosure requirements have been filed by the Company and the MCTO has been lifted.

Walker Lane Resources Ltd. logo (CNW Group/Walker Lane Resources Ltd)

The Company is unable to file its audited financial statements for the year ended September 30, 2025, and the related management’s discussion and analysis and Form 52-109FV1 CEO and CFO certifications of annual filings for this period (collectively, the ‘Required Filings‘) before the January 28, 2026 filing deadline (the ‘Filing Deadline‘).

The Company has submitted its application for an MCTO but there is no guarantee that the MCTO will be obtained. If granted and while the MCTO is in effect, the general investing public will continue to be able to trade freely in the Company’s listed shares. However, the MCTO will prohibit the Company’s chief executive officer and interim chief financial officer from trading securities of the Company for so long as the Required Filings are not filed. If granted, the MCTO will be in effect until the Required Filings are filed.

The Company’s anticipated failure to file the Required Filings by the Filing Deadline is due to recently mandated changes to the presentation of certain investments in its financial statements, requiring part of the already completed audit work to be redone. The additional work delayed the scheduled completion of the audit beyond the Filing Deadline. The Company anticipates that it will be in a position to file the Required Filings in the near future.

The Company confirms that there is no other material information relating to its affairs that has not been generally disclosed. The Company will provide updates as further information relating to the Required Filings becomes available. The Company intends to satisfy the provision of the alternative information guidelines set out in sections 9 and 10 of NP 12-203 as long as the Required Filings are outstanding.

About Walker Lane Resources Ltd.

Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate an aggressive exploration program to advance the Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver District, B.C.) projects through drilling programs with the aim of achieving resource definition in the near future.

For more information, please consult the Company’s filings, available at www.sedarplus.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

Kevin Brewer
CEO and Director
Walker Lane Resources Ltd.

Forward Looking Statements
This news release contains certain statements that constitute ‘forward looking information under Canadian securities laws (‘forward-looking statements’). The use of words such as ‘anticipates’, ‘expected’, ‘projected’, ‘pursuing’, ‘plans’ and similar expressions identify forward-looking statements. Forward-looking statements in this news release include statements regarding the application for the MCTO and the completion of the Required Filings and the timing thereof. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws. The reader is cautioned not to place undue reliance on forward-looking statements.

SOURCE Walker Lane Resources Ltd

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2026/19/c5333.html

News Provided by Canada Newswire via QuoteMedia

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Neo Energy, the near-term, low-cost uranium developer, is pleased to announce that it has entered into a strategic funding agreement with a UK-based investment group, (‘Strategic Investor’) under which a total investment of up to £8 million has been agreed to support the Company’s strategy and ongoing implementation assessment work that has commenced to advance the Beisa Uranium and Gold Project including the Beatrix 4 mine and shaft complex, the processing plant complex and associated infrastructure (‘Beisa Mine’) to production of uranium and gold (the ‘Investment Agreement’).

The Company is pleased to confirm that an initial amount of £1,500,000 has now been advanced by the Strategic Investor under the Investment Agreement, through a placement of 166,666,666 new ordinary shares of nominal value £0.0001 each (‘Ordinary Shares‘) in the capital of the Company at a price of 0.9 pence per share (‘Issue Price‘). The Company has also completed a placing of a further 111,111,111 Ordinary Shares at the Issue Price to raise a further £1,000,000 (together the ‘Placing‘ and the ‘Placing Shares‘).

CMC Markets UK Plc (‘CMC‘), trading as CapX, acted as the Company’s sole placing agent in respect of the Placing.

The Issue Price represents a premium of approximately 16.1% to the closing mid-market price of 0.775 pence per existing Ordinary Share on 16 January 2026, being the latest practicable date prior to the publication of this Announcement.

Upon receipt by the Company of the regulatory approvals in South Africa for the acquisition of the Beisa Mine from New York Stock Exchange-listed Sibanye-Stillwater Limited (‘Sibanye-Stillwater’), the Strategic Investor has, within the 10 days following receipt of those approvals, the right to invest a further £6.5 million of convertible loan funding. This funding will be priced at a 10% discount to the 10-day volume-weighted average price following the receipt of these regulatory approvals and will also carry a coupon of 5%.

Under the terms of the Investment Agreement, the Strategic Investor will also be entitled to nominate one Non-Executive Director to the Company’s Board and one Board observer, subject to Board approval and maintaining a minimum shareholding threshold of 5%.

Receipt of these approvals and completion of the Beisa Mine acquisition is currently anticipated by the Company to take place in Q1 2026.

The Placing proceeds will be used by the Company’s Executive Management team to fund the costs under the 4-phase implementation assessment programme that is underway and is considered sufficient to fully fund the Company’s working capital requirements through to completion of the Beisa Mine acquisition from Sibanye-Stillwater.

The Beisa Mine, which has current SAMREC-compliant measured and indicated resources of 1.2 million ounces of gold and 26.9 million pounds of uranium, is located in the Witwatersrand Basin, in the Free State Province of South Africa. Operations commenced at the Beisa Mine in the early 1980s and both uranium and gold were produced for over 30 years from the Beatrix 4 Shaft Complex and adjoining processing facilities up until it was placed in care and maintenance in late 2023.

The first two phases of work under the implementation assessment programme includes covering site re-establishment, shaft refurbishment initiation, workforce recruitment engagement, and shaft equipment upgrades assessment, underground development work review, gold plant recommissioning as well as uranium circuit design finalisation work.

The Company’s Executive Management team and Sibanye-Stillwater ‘s local team will be on site later this month as part of this implementation assessment programme.

The Company continues to work with its corporate and strategic advisors in the United Kingdom and South Africa, as well as its joint brokers in the United Kingdom, CMC and Shore Capital Stockbrokers Limited, to ensure that the Company has the necessary debt, structured finance and equity funding in place to complete the acquisition of the Beisa Mine once it has received all outstanding regulatory and shareholder approvals.

In addition to the Investment Agreement, the Company can also confirm that it has also agreed with a number of its debt providers to repay £1.176 million, through the issue of 130,693,548 Ordinary Shares also at the Issue Price (the ‘Debt Shares’).

Neo Energy CEO, Theo Botoulas, Commented:

‘Today’s financing progress underscores the growing confidence in Neo Energy’s strategy and commodity portfolio. The investment agreement with the strategic investor, together with the continued backing of our advisors and brokers in the UK and South Africa, provides a strong platform to accelerate development at our uranium and gold projects.

With market conditions for our targeted metals remaining robust, gold prices which rallied significantly in 2025 and have continued to do so in 2026, amid geopolitical and macroeconomic uncertainty, strong investment demand, central bank purchases, and the uranium market showing resilience due to disciplined production, supply constraints, and long-term nuclear energy demand, these financing initiatives further strengthen the Company’s financial footing.

Neo Energy is well positioned to capitalise on favorable market dynamics and move confidently into its next phase of growth.’

Admission

Application has been made for the Placing Shares and Debt Shares to be admitted to trading on the Main Market of the London Stock Exchange on or around 21 January 2026 (‘Admission’) and will rank pari passu with the ordinary shares of the Company in issue.

Total Voting Rights

Following Admission, the Company’s issued share capital will comprise 2,617,585,135 ordinary shares of 0.01 pence each, with each share carrying the right to one vote, therefore the total number of voting rights in the Company will be 2,617,585,135. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in the Company, or a change to their interest in the Company, under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation, and the Directors of the Company are responsible for the release of this announcement.

ENDS

About NEO Energy Metals Plc

Neo Energy Metals plc is a uranium developer and mining company listed on the main market of the London Stock Exchange (LSE: NEO).

The Company and its South African subsidiaries, namely Neo Uranium Resources Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty) Ltd, have continued to strengthen the uranium portfolio through conditional agreements for the acquisitions of 100% interest in the Beisa North and Beisa South Uranium and Gold Projects and 100% interest in the Beatrix 4 mine and shaft complex, the processing plant complex and associated infrastructure in the Witwatersrand Basin, located in the Free State Province of South Africa. The combined projects’ total SAMREC Code compliant resource base comprises 117 million pounds of U₃O₈ and over 5 million ounces of gold.

Additionally, the Company holds up to a 70% stake in the Henkries Uranium Project, an advanced, low-cost mine located in South Africa’s Northern Cape Province and a 100% interest in the Henkries South Uranium Project, extending the Henkries Project’s strike length by 10km to a total of 46km of shallow paleo-channels proven to host uranium mineralisation through extensive drilling and feasibility studies backed by US$30 million in historic exploration and development expenditure.

The Company is led by a proven board and management team with experience in uranium and mineral project development in Southern Africa. Neo Energy’s strategy focuses on an accelerated development and production approach to generate cash flow from Henkries while planning for long-term exploration and portfolio growth in the highly prospective uranium district of Africa.

The Company’s shares are also listed on the A2X Markets (A2X: NEO), an independent South African stock exchange, to expand its investor base and facilitate strategic acquisitions of uranium projects, particularly within South Africa.

For enquiries contact:

KENYA

SOUTH AFRICA

Jason Brewer – Executive Chairman

jason@neoenergymetals.com

Theo Botoulas – Chief Executive Officer

theo@neoenergymetals.com

Faith Kinyanjui – Investor Relations faith@neoenergymetals.com

Michelle Krastanov – Corporate Advisor – AcaciaCap Advisors

michelle@acaciacap.co.za

Tel: +27 (0) 11 480 8500

James Duncan – Media Relations

james@jmdwrite.com

Tel: +27 (0) 79 336 4010

Source

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President Donald Trump warned that he no longer feels obligated to think ‘purely of peace’ as he argued the United States must have ‘complete and total control’ of Greenland.

In a text exchange with Norwegian Prime Minister Jonas Gahr Støre, Trump wrote: ‘Dear Jonas: Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America.’

‘Denmark cannot protect that land from Russia or China, and why do they have a ‘right of ownership’ anyway? There are no written documents, it’s only that a boat landed there hundreds of years ago, but we had boats landing there, also,’ he wrote. 

‘I have done more for NATO than any other person since its founding, and now, NATO should do something for the United States,’ Trump wrote. ‘The World is not secure unless we have Complete and Total Control of Greenland. Thank you! President DJT.’

Støre confirmed the text message, first reported by PBS, to Fox News. 

The White House could not be reached to weigh in on the exchange. 

‘Norway’s position on Greenland is clear. Greenland is a part of the Kingdom of Denmark, and Norway fully supports the Kingdom of Denmark on this matter,’ the prime minister said in a statement. ‘We also support that NATO in a responsible way is taking steps to strengthen security and stability in the Arctic. As regards the Nobel Peace Prize, I have clearly explained, including to President Trump what is well known, the prize is awarded by an independent Nobel Committee and not the Norwegian Government.’ 

In a prior message to the U.S. president, Støre, on behalf of himself and Finnish President Alexander Stubb, had conveyed opposition to Trump’s proposed tariff increases on Norway, Finland and other countries and requested a phone conversation to de-escalate. 

The 2025 Nobel Peace Prize was awarded to Venezuelan opposition leader Maria Corina Machado, but she offered the prize to Trump in a White House meeting Thursday. 

The prize is awarded by the Nobel Committee, which is made up of members appointed by the Norwegian parliament and intended to operate independently. 

After Machado handed over her award to Trump, the Nobel Committee released a statement saying: ‘A laureate cannot share the prize with others, nor transfer it once it has been announced. A Nobel Peace Prize can also never be revoked. The decision is final and applies for all time.’

Trump on Saturday said he would impose an additional 10% tariff on Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland, starting Feb. 1, increasing to 25% on June 1, until an agreement is reached for the purchase of Greenland.

Members of the European Union debated the prospect of retaliatory tariffs against the U.S. in Brussels Sunday, but diplomats insisted on the need to seek de-escalation measures with the U.S. first. 

The president has not ruled out the use of force to take the icy, 836,000 square mile island. 

Trump and his advisors have pointed to Greenland’s position between North America and Europe as critical to U.S. missile defense, early-warning systems and Arctic surveillance. The island sits along key air and sea routes that U.S. military planners view as increasingly important as melting ice opens new shipping lanes and expands the theater of great-power competition.

The administration has also warned that China and Russia have sought to expand their influence in the Arctic through infrastructure investments, scientific outposts and military activity, raising concerns that Greenland could become a foothold for adversaries if the U.S. does not take a more assertive role.

Greenland’s government and Denmark, which retains sovereignty over the territory, have rejected any suggestion of U.S. control, though the U.S. already maintains a military presence there through Pituffik Space Base, a key hub for missile warning and space surveillance.

Fox News’ Madeleine Rivera and Jennifer Griffin contributed to this report.

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The latest bipartisan campaign to rein in President Donald Trump’s war authority in Venezuela may have failed, but the lawmaker behind the push has no intention of stopping his pursuit.

Sen. Tim Kaine, D-Va., plans to continue his goal of corralling Trump’s policing power across the globe, and believes that he can find support among Republicans to pass a war powers resolution out of the Senate.

‘The other thing we’re going to do is this: We’re going to be filing a whole lot more war powers resolutions,’ Kaine said after the unsuccessful vote to advance his resolution.

He argued that this resolution, though unable to make it out of the Senate this time, was similar to a war powers resolution he filed shortly after the strike ordered by Trump in 2020 that killed Iranian Major General Qassem Soleimani.

The resolution garnered eight Republican votes in a GOP-controlled Senate at the time.

‘When you do it, and you get Republican votes, it sends a message to the White House,’ he said.

Kaine and Sen. Rand Paul, R-Ky., who co-sponsored the latest war powers resolution, previously suggested that later attempts to rein in Trump’s war authorities could be focused on Greenland, Iran and Cuba.

Kaine’s optimism comes from the successful vote to curtail Trump’s war powers in Venezuela earlier this month, where five Senate Republicans splintered from their colleagues to advance a resolution that would have required the president to confer with Congress before future military action in the region.

Still, that same cohort was unable to survive a pressure campaign from Senate Republican leadership, Trump and administration officials.

The two lawmakers who reversed their position, Sens. Todd Young, R-Ind., and Josh Hawley, R-Mo., did so because of guarantees from the administration, chiefly Secretary of State Marco Rubio, that no boots would be on the ground in Venezuela.

Young received the assurance from Rubio in a letter the day of the vote, when he said that should Trump ‘determine that he intends to introduce U.S. Armed Forces into hostilities in major military operations in Venezuela, he would seek congressional authorization in advance (circumstances permitting).’

Kaine said that while the outcome was disappointing, and Trump and Senate Republican leadership engaged in a ‘full-court press unlike any I’ve seen in 13 years here’ to stop the resolution from succeeding, the cracks in the foundation were still there. And Kaine believed they were ripe to fracture even further.

‘The way cracks grow is through pressure and the pressure campaign that I sort of decided to launch by use of these privileged motions. I’m going to file every one I can to challenge emergencies, to challenge unlawful wars, to seek human rights reports, arms transfers if they’re wrong,’ he said.

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Sen. Elizabeth Warren, D-Mass, and other Democratic senators have spearheaded an investigation into the role major U.S. banks will play in assisting the Trump administration sell Venezuelan oil.  

The inquiry comes after President Donald Trump announced that Venezuela’s interim government would hand over up to 50 million barrels of oil to the U.S. and that the oil would be sold ‘immediately.’ 

While Trump has said that he would control the proceeds of the sale, the Department of Energy also announced Jan. 7 that this would require ‘key banks to execute and provide financial support for these sales’ and that proceeds would remain housed at ‘U.S. controlled accounts at globally recognized banks.’ 

Likewise, Trump signed an executive order Jan. 9 ‘declaring a national emergency to safeguard Venezuelan oil revenue held in U.S. Treasury accounts from attachment or judicial process, ensuring these funds are preserved to advance U.S. foreign policy objectives.’

As a result, the lawmakers have raised concerns because the Trump administration did not share any details regarding which financial institutions would be involved — prompting concerns from them about transparency regarding the destination of the funds.

It ‘appears that at least a portion of the oil proceeds will be held in the U.S. Treasury despite being the sovereign property of another country,’ the lawmakers wrote. ‘It is unclear whether and to what extent the Administration still plans to direct some proceeds of oil sales into accounts held at banks in the private sector.’  

‘Given that rapidly evolving situation and the Administration’s failure to provide clarity on its plans for Venezuela’s oil and the funds raised from oil sales, we write to you to seek answers to the following questions,’ the lawmakers wrote. 

As a result, the lawmakers requested that the banks provide details on whether the Trump administration contacted them about becoming involved in the sale of Venezuelan oil or handling the proceeds of such sales, if they were solicited to provide financial or other kinds of support for the oil sales, if they are holding or plan to hold proceeds from Venezuelan oil sales in U.S.-controlled accounts, and all communications between the banks and administration officials regarding Venezuelan oil and military operations there.

The letters were sent to financial institutions including the Bank of America, Goldman Sachs, UBS and others. 

Bank of America and Goldman Sachs declined to provide comment to Fox News Digital, and UBS did not immediately respond to a request for comment from Fox News Digital. 

The lawmakers are requesting answers from the bank by the end of January, and are also requesting the banks provide updates regarding their communication with the Trump administration on a monthly basis.

The White House did not immediately respond to a request for comment from Fox News Digital. 

Trump announced on Jan. 3 that he had authorized strikes in Venezuela and that the U.S. had captured its dictator, Nicolás Maduro. He then said that the U.S. would ‘run’ Venezuela until a peaceful transition could occur. 

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The Trump administration extended invitations to Russia and Belarus to join a proposed Gaza ‘Board of Peace,’ officials in both countries said Monday. 

Kremlin spokesman Dmitry Peskov told reporters in Moscow that Russian President Vladimir Putin is reviewing the invitation.

‘President Putin has indeed received an offer through diplomatic channels to join this Board of Peace. We are currently studying all the details of this proposal,’ Peskov said, according to Russian state media outlet TASS. ‘We hope to contact the U.S. side to clarify all the details.’

Belarus’ Ministry of Foreign Affairs also confirmed receiving an invitation, saying in a post on X that President Donald Trump sent Belarusian leader Alexander Lukashenko a letter proposing the country become a founding member of the ‘Board of Peace.’

‘We are ready to take part in the activities of the Board of Peace, taking into account and hoping that this organization will expand its scope and authority far beyond the mandate proposed in the initiative,’ the ministry said.

Other countries over the weekend, including Argentina, Jordan, Canada, India, Egypt, Hungary and Vietnam, announced they too had received invitations from the White House.

Neither the State Department nor the White House immediately responded to Fox News Digital’s request for comment about a full tally of all countries invited.

The White House released a statement on Friday outlining the next phase of Trump’s Gaza peace plan, naming senior international figures to oversee governance, reconstruction and long-term development of the enclave.

‘The Board of Peace will play an essential role in fulfilling all 20 points of the President’s plan, providing strategic oversight, mobilizing international resources, and ensuring accountability as Gaza transitions from conflict to peace and development,’ the statement said in part.

Hamas reasserting control inside Gaza, clashing with Trump’s peace plan

Trump will chair the board and be joined by a group of senior political, diplomatic and business figures, including his son-in-law Jared Kushner, Secretary of State Marco Rubio, U.S. special envoy Steve Witkoff and billionaire Marc Rowan, among others.

The Wall Street Journal reported that President Trump’s proposed Gaza peace board would require countries seeking a permanent seat to pay a $1 billion fee, according to a draft charter circulated to prospective members.

Israeli Prime Minister Benjamin Netanyahu’s office said on X that the composition of a separate ‘Gaza Executive Board,’ which names Turkey’s Foreign Minister Hakan Fidan and Qatari diplomat Ali Al-Thawadi as appointed members, was not coordinated with Israel and ‘runs contrary to its policy.’

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Overview

Torrent Capital (TSXV:TORR) is a publicly traded investment company providing exposure to an actively managed growth portfolio of public and private investments.

Torrent Capital provides investors with access to a sector-agnostic, actively managed portfolio that blends long-term core holdings with income-generating strategies. Our diversified platform spans public equities, private ventures, and royalty investments. This approach is designed to deliver compounded NAV growth.

Portfolio Overview

Public Equities

Torrent’s core public equity holdings include the following:

Kneat (TSX:KSI) – A leader in SaaS solutions for digitising validation and quality processes in regulated industries, including life sciences. Torrent invested early, recognising Kneat’s scalable platform and its potential to transform compliance-heavy sectors globally.

Lemonade (NYSE:LMND) – An insurance technology company that leverages artificial intelligence to automate operations such as claims processing and policy issuance, disrupting the $2 trillion global insurance market.

SentinelOne (NYSE:S) – A global leader in AI-powered cybersecurity. Torrent invested in SentinelOne for its ability to disrupt traditional security solutions and scale rapidly as enterprises adopt automated threat detection and response.

Fortune Bay (TSXV:FOR) – A Canadian gold exploration company with promising assets in Saskatchewan and Mexico. Torrent’s investment reflects our belief in gold’s enduring role as a hedge against market volatility, coupled with Fortune Bay’s potential to unlock significant resource value through exploration success.

Sona Nanotech (CSE:SONA) – Innovator in nanotechnology with applications across healthcare and diagnostics. Torrent’s investment thesis is based on the potential for Sona’s unique gold nanorods to deliver breakthroughs in medical technology, particularly in diagnostics and cancer treatment.

ReeXploration (TSXV:REE) – A rare earth exploration company focused on the Eureka Project in Namibia. Torrent invested in ReeXploration for its strategic exposure to critical minerals essential to clean energy and advanced technologies.

Private Ventures

Torrent selectively invests in early-stage private ventures with high growth potential.

Holding:

OARO Technologies – A cybersecurity and digital identity company delivering advanced blockchain-powered authentication, digital ticketing, and secure credential solutions. Torrent invested in OARO for its ability to meet the growing global demand for secure, scalable identity management, positioning the company at the intersection of cybersecurity and blockchain adoption.

Royalty Investments

Torrent maintains selective exposure to royalty investments designed to generate potential long-term, recurring cash flows.

Key investment:

Argentia Capital – Argentia Capital is focused on the construction of port infrastructure, the provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments.

Company Highlights

  • Proven Performance Across Market Cycles: NAV grew from ~$0.25 in 2017 to ~$0.87 as of November 30, 2025 (15.84% CAGR), Outperforming the S&P500 and TSX Small Cap Index, which increased at rates of 13.13% and 7.77% respectively.
  • Diversified Investment Model: Combines public equities, private ventures and royalty investments to balance growth and stability through market cycles.
  • Active Management and Transparency: Torrent publishes frequent NAV updates and portfolio disclosures, providing clarity that differentiates it from other investment companies.
  • Proven Leadership: Led by CEO Wade Dawe and a team with over C$2 billion in deals completed, Torrent combines decades of entrepreneurial and capital markets experience across public and private companies.
  • Strategic focus: Targeted exposure to key growth themes—including artificial intelligence, cybersecurity, and critical minerals—balancing innovation with defensive holdings to produce long-term compounding.

Management Team

Torrent’s leadership is aligned with shareholders and focused on long-term value creation.

Wade Dawe – Chief Executive Officer, Director

Wade Dawe is an Atlantic Canadian entrepreneur and skilled investor. Fiercely independent throughout the entirety of his career, he achieved early success internationally in the resource sector and went on to play a pivotal role in a number of companies as a financier and company founder.

Carl Sheppard – President & Chief Operating Officer, Director

Carl Sheppard is the current president and chief operating officer of Torrent Capital and is also the president and managing partner of Strategic Concepts, a business consulting company. For the past 30 years, he has provided consulting services to many of Canada’s leading resource companies and organizations. He has participated in numerous economic studies, strategic plans, cost/benefit reports and business plans targeted at the identification of development opportunities.

Eric Thompson – Chief Financial Officer

Eric Thompson has over ten years of accounting and assurance experience in both public practice and industry. Prior to assuming the CFO position, he served as the controller of Torrent Capital, contributing to enhanced financial reporting and treasury oversight.

Evan Dawe, CFA – Portfolio Manager – Public Equities

Evan Dawe is a Portfolio Manager at Torrent Capital, focused on identifying high-growth public equity opportunities across U.S. and Canadian markets. He brings a rigorous, fundamentals-driven approach with a strong emphasis on business quality, competitive positioning, and long-term value creation. Evan is a CFA charter holder and holds a Bachelor of Commerce degree from Queen’s University. Prior to Torrent Capital, he served as a Corporate Development Officer at Numus Capital, where he sourced venture capital deal flow and coordinated capital raises for early-stage companies.

Jim Megann – Director

Jim Megann is Managing Director of Numus Financial and serves as a Director of OARO Technologies. He has extensive experience in capital markets, corporate development, and strategic communications, and is the former Chair of NWest Energy.

Carl Hansen – Director

Carl Hansen is CEO of Cascada Silver Corp. and a geologist with more than 30 years of experience in exploration, mining, and public markets. He has led multiple successful exploration companies and has significant experience in corporate finance and capital formation.

Wayne Myles – Director

Wayne Myles is a legal advisor specializing in international mergers and acquisitions, corporate, and commercial law. He provides strategic legal guidance to Torrent’s management and board on governance and cross-border transaction structures.

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Gold and silver prices reached new highs yet again, driven higher by safe-haven demand as US President Donald Trump escalated his trade war with Europe over Greenland.

The spot price of gold hit US$4,690.41 per ounce in early trading on Monday (January 19).

Gold price chart, January 12 to 19, 2026

Gold price chart, January 12 to 19, 2026.

The yellow metal’s latest rise adds to an ongoing historic run.

After starting 2025 around US$2,640, gold had risen to the US$3,200 level by April. It stayed within a fairly flat range until the end of August, when it launched higher once again, breaking US$4,300 in mid-October.

The price of gold took a breather following that move, even falling briefly below US$4,000; however, its retracement was neither as steep nor as long as many market watchers expected it to be.

Gold began gaining steam again in mid-November, and took off again in earnest at the end of 2025.

In 2026, precious metals have continued to benefit from geopolitical tensions and economic uncertainty. Expectations of interest rate cuts after US Federal Reserve Chair Jerome Powell’s term ends later this year have provided support too. Trump’s feud with the Fed over rates took an eyebrow-raising turn on January 9, when the US Department of Justice served the Fed with grand jury subpoenas targeting Powell with a criminal indictment.

Silver also posted a fresh high of US$94.88 per ounce on Monday.

This latest upswing for the precious metals comes as investors moved out of global stocks following Trump’s threats over the weekend that the European nations opposing his bid to acquire Greenland will face 10 percent tariffs starting February 1. That figure could rise to 25 percent if a deal to secure Greenland for the US is not reached by June.

The nations targeted by the new tariffs include France, Germany, the UK, Denmark, Norway, Sweden, the Netherlands and Finland. The news has prompted fears of a full-blown US-Europe trade war, a weaker US dollar, higher inflation and a worsening outlook for the global economy. There are even concerns the conflict over Greenland could seriously weaken or dismantle the NATO alliance. Gold is traditionally used as a hedge against such risks.

Greenland’s key geographic position in the Arctic has long been coveted by the United States as a necessary strategic asset in its geopolitical struggle with Russia and China. “China and Russia want Greenland, and there is not a thing that Denmark can do about it,” Trump wrote on his social media platform Truth Social. “Only the United States of America, under PRESIDENT DONALD J. TRUMP, can play in this game, and very successfully, at that!”

‘As soon as the probability of escalation increases, defensive capital tends to move preemptively, rather than waiting for tangible impacts to materialize in economic data. In this context, gold functions as a portfolio risk-balancing asset.’

European leaders have responded with vows that they will not be blackmailed into allowing Trump to take Greenland, and are now preparing counter measures to the president’s tariffs.

Gold also continues to benefit from strong central bank buying, while silver’s industrial side is attracting attention. Although it is valued as an investment metal, silver is key for technology such as solar panels.

Elsewhere in the precious metals space, platinum rose close to record highs on Monday, reaching US$2,397.93 per ounce. Palladium remains below its top price level, but is elevated above US$1,800 per ounce.

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

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