-0.6 C
New York
Monday, January 5, 2026
Home Blog

Wall Street prepares for jobs data as crude oil prices increase following Maduro’s removal

0

Stock futures and oil prices edged higher on Sunday evening as investors began to digest the implications of the U.S. military raid on Venezuela that captured Nicolas Maduro.

While the country has the world’s largest proven oil reserves, production has been waning for years amid U.S. sanctions, mismanagement by the Maduro regime, and underinvestment.

President Donald Trump said Saturday that Maduro’s removal will unleash a surge of investment in Venezuela’s oil industry and revive output, though analysts have said that could take years.

Meanwhile, Venezuela’s shrinking influence in the world’s oil landscape has Wall Street downplaying much near-term effects from U.S. intervention there.

“The physical global oil market situation remains the same. Oil prices have declined due to an oversupplied global oil market,” said Rob Hummel, senior portfolio manager at Tortoise Capital Management, said in a note. “The current events in Venezuela don’t change this dynamic.”

U.S. oil futures rose 0.19% to $57.43 a barrel, and Brent crude climbed 0.28% to $60.92 a barrel, with both benchmarks reversing earlier losses.

OPEC+ also backed plans to keep production steady through the first quarter and hold off on any further hikes, as oil markets still face a supply glut.

Futures tied to the Dow Jones industrial average were essentially flat, down 5 points. S&P 500 futures were up 0.10%, and Nasdaq futures added 0.32%.

The yield on the 10-year Treasury was unchanged at 4.191%. The U.S. dollar was up 0.14% against the euro and up 0.22% against the yen. 

Gold rallied 1.7% to $4,403.70 per ounce, and silver jumped 5.4% to $74.86. Bitcoin edged up 2.3% to $92,265.

After the successful Venezuela raid, Trump said he is still eyeing Greenland and warned Cuba is “very similar” to the Maduro regime.

But the economic calendar may bring his focus back on the U.S. economy rather than more foreign adventures. The upcoming batch of numbers is also highly anticipated as they will largely be free from distortions related to the government shutdown.

On Monday, the Institute for Supply Management will release its manufacturing activity index. On Wednesday, ADP puts out its private-sector payroll report, and the Labor Department publishes job opening and turnover report.

And on Friday, the Labor Department will issue its monthly jobs report, with Wall Street expecting a gain of just 54,000 and another increase in the unemployment rate to 4.7%.

The French University for Spy Training

0

BBC Students listening to a lecturer on the spy course at Sciences Po Saint-Germain universityBBC

The course attracts both typical early 20s students and French government spies on day release

University professor Xavier Crettiez admits that he doesn’t know the real names of many of the students on his course.

This is a highly unusual state of affairs in the world of academia, but Prof Crettiez’s work is far from standard.

Instead, he helps train France’s spies.

“I rarely know the intelligence agents’ backgrounds when they are sent on the course, and I doubt the names I’m given are genuine anyway,” he says.

If you wanted to create a setting for a spy school, then the campus of Sciences Po Saint-Germain on the outskirts of Paris seems a good fit.

With dour, even gloomy-looking, early 20th Century buildings surrounded by busy, drab roads and large, intimidating metal gates, it has a very discreet feel.

Where it does stand out is its unique diploma that brings together more typical students in their early 20s, and active members of the French secret services, usually between the ages of 35 and 50.

The course is called Diplôme sur le Renseignement et les Menaces Globales, which translates as Diploma of Intelligence and Global Threats.

It was developed by the university in association with the Academie du Renseignement, the training arm of the French secret services.

This came following a request from French authorities a decade ago. After the 2015 terrorist attacks in Paris, the government went on a large recruitment drive within the French intelligence agencies.

It asked Sciences Po, one of France’s leading universities, to come up with a new course to both train potential new spies, and provide continuous training for current agents.

Large French companies were also quick to show an interest, both in getting their security staff onto the course, and snapping up many of the younger graduates.

Prof Xavier Crettiez stands in a garden at Sciences Po Saint-Germain

Prof Xavier Crettiez says that fighting financial crime is a now key job for spies

The diploma is made up of 120 hours of classwork with modules spread over four months. For external students – the spies and those on placement from businesses – it costs around €5,000 ($5,900; £4,400).

The core aim of the course is to identify threats wherever they are, and how to track and overcome them. The key topics include the economics of organized crime, Islamic jihadism, business intelligence gathering and political violence.

To attend one of the classes and speak to the students I had to be vetted first by the French security services. The theme of the lesson I joined was “intelligence and over-reliance on technology”.

One of the students I speak to is a man in his 40s who goes by the name Roger. He tells me in very precise, clipped English that he is investment banker. He adds: “I provide consultancy across west Africa, and I joined the course to provide risk assessments to my clients there.”

Prof Crettiez, who teaches political radicalisation, says there has been a huge expansion in the French secret services in recent years. And that there are now around 20,000 agents in what he called the “inner circle”.

This is made up of the DGSE, which looks at matters overseas, and is the French equivalent of the UK’s MI6 or the US’s CIA. And the DGSI, which focuses on threats within France, like the UK’s MI5 or the US’s FBI.

But he says it’s not just about terrorism. “There are the two main security agencies, but also Tracfin an intelligence agency which specializes in money laundering.

“It is preoccupied with the surge in mafia activity, especially in southern France, including corruption in the public and private sectors mainly due to massive profits in illegal drug trafficking.”

Other lecturers on the course include a DGSE official once located in Moscow, a former French ambassador to Libya, and a senior official from Tracfin. The head of security at the French energy giant EDF also runs one module.

The private sector’s interest in the diploma is said to be continuing to grow. Big businesses, especially in the defence and aerospace sector, but also French luxury goods firms, are increasingly keen to hire the students as they face relentless cybersecurity and spying threats as well as sabotage.

Recently graduates have been snapped up by the French mobile phone operator Orange, aerospace and defence giant Thales, and LVHM, which owns everything from Louis Vuitton and Dior to champagne brands Dom Perignon and Krug.

Twenty eight students are enrolled in this year’s class. Six are spies. You can tell who they are, as they are the ones huddled together during class breaks, away from the young students, and not too overwhelmed with joy when I approach them.

Without saying their exact roles, and with arms crossed, one says the course is considered a fast-track stepping stone for a promotion from the office to field work. Another says he gets fresh ideas being in this academic environment. They signed the day’s attendance form with just their first names.

One of the younger students, Alexandre Hubert, 21, says he wanted a deeper understanding of the looming economic war between Europe and China. “Looking at intelligence gathering from a James Bond viewpoint is not relevant, the job is analysing risk and working out how to counteract it,” he tells me.

Another class member, Valentine Guillot, also 21, says she was inspired by the popular, fictional French TV spy drama Le Bureau. “Coming here to discover this world which I didn’t know anything about except for the TV series has been a remarkable opportunity, and now I am very keen to join the security services.”

Students Alexandre Hubert and Valentine Guillot smile at the camera while standing in a classroom

Students Alexandre Hubert and Valentine Guillot were happy to be photographed

Nearly half of the students in the class are in fact women. And this is a relatively recent development according to one of the lecturers, Sebastien-Yves Laurent, a specialist on technology in spying.

“Women’s interest in intelligence gathering is new,” he says. “They are interested because they think it will provide for a better world.

“And if there is one common thread amongst all these young students it’s that they are very patriotic and that is new compared to 20 years ago.

If you are keen to apply to get on the course, French citizenship is an essential requirement, although some dual citizens are accepted.

Sciences Po Saint-Germain Students on the diploma course, with some standing with their backs to the cameraSciences Po Saint-Germain

In a recent class photo some students chose to stand with their backs to the camera

Yet Prof Crettiez says he has to be wary. “I regularly get applications from very attractive Israeli and Russian women with amazing CVs. Unsurprisingly they are binned immediately.”

In a recent group photo of the class you can immediately tell who the spies are – they had their backs to the camera.

While all the students and professional spies I met are trim and athletic, Prof Crettiez is also keen to dispel the myth of James Bond-like adventure.

“Few new recruits will end up in the field,” he says. “Most French intelligence agencies jobs are desk bound.”

Challenging the Client

0



Client Challenge



JavaScript is disabled in your browser.

Please enable JavaScript to proceed.

A required part of this site couldn’t load. This may be due to a browser
extension, network issues, or browser settings. Please check your
connection, disable any ad blockers, or try using a different browser.

Venezuelans worldwide respond to Maduro’s overthrow

0

new video loaded: How Venezuelans Worldwide Reacted to Overthrow of Maduro

For Venezuelans living abroad, news of the U.S. military intervention and President Nicolás Maduro’s capture triggered a wide spectrum of emotions, ranging from joy to anger and uncertainty.

By McKinnon de Kuyper

January 4, 2026

Saks is in discussions for a $1 billion loan to ensure continued operations, according to Bloomberg News.

0

Saks in talks for $1 billion loan to keep doors open, Bloomberg New reports

How the US swiftly enforced regime change in Venezuela, affecting Nicolas Maduro

0

NewsFeed

In less than 24 hours, the US bombed Venezuela, brazenly abducted President Nicolas Maduro and his wife from their compound in Caracas and whisked them to a detention centre in New York. Here’s how regime change unfolded overnight.

Rubio suggests U.S. can do without Venezuelan oil, leaves open possibility of intervention

0

President Donald Trump touted U.S. access to Venezuelan oil after ousting Nicolas Maduro, but Secretary of State Marco Rubio pointed to other foreign policy priorities.

Trump said U.S. oil companies will invest billions of dollars to rebuild the country’s energy infrastructure after years of mismanagement that has slashed production despite Venezuela having the world’s largest proven oil reserves.

“We’re going to have a presence in Venezuela as it pertains to oil,” he told reporters on Saturday. “We’re going to be taking a tremendous amount of wealth out of the ground.”

In an interview Sunday on NBC’s Meet the Press with Kristen Welker, Rubio was asked why the U.S. needs to take over Venezuela’s oil industry.

“We don’t need Venezuela’s oil. We have plenty of oil in the United States. What we’re not going to allow is for the oil industry in Venezuela to be controlled by adversaries of the United States,” he replied, naming Russia, China and Iran.

“This is the Western Hemisphere. This is where we live. And we’re not going to allow the Western Hemisphere to be a base of operations for adversaries, competitors, and rivals of the United States, simple as that.”

Rubio also said the U.S. wants to see Venezuela’s oil wealth benefiting the people. During Maduro’s rule, the regime and its cronies enriched themselves with oil, contributing to the an economic collapse and the mass exodus of people out of the country, he added.

Meanwhile, the U.S. has left Maduro’s top lieutenants in place, and Trump suggested Venezuela’s interim president, Delcy Rodriguez, will take orders from the U.S.

But if the country’s current leaders don’t cooperate, Trump has left open the possibility that he could send U.S. ground troops into Venezuela.

When asked in a separate interview on CBS’s Face the Nation if there is no plan for a U.S. occupation of Venezuela, Rubio declined to rule that out.

“Well, I think first of all, the president always retains optionality on anything and on all these matters,” he said. “He certainly has the ability and the right under the Constitution of the United States to act against imminent and urgent threats against the country.”

For now, U.S. forces remain in the region at a high state of readiness, Joint Chiefs of Staff Chairman Gen. Dan Caine said Saturday. Trump also said U.S. sanctions will stay in place on Venezuelan oil.

Rubio explained that the sanctions are aimed at “paralyzing that portion of how the regime generates revenue.” He also dismissed fears about boots on the ground as an “obsession.”

Trump “does not feel like he is going to publicly rule out options that are available for the United States, even though that’s not what you’re seeing right now,” Rubio added. “What you’re seeing right now is an oil quarantine that allows us to exert tremendous leverage over what happens next.”

Open Water Swimmer Erica Fox Dies in Shark Attack Off the Coast of Santa Cruz

0

By Terin Frodyma on SwimSwam

The body of open water swimmer and triathlete Erica Fox has been found after a fatal incident with a shark just south of Davenport Beach near Santa Cruz on Tuesday, December 30, after going missing on December 21.

Fox, 55, was part of an open-water swimming group known as the Kelp Krawlers, and for more than two decades, 16 swimmers would gather at Lovers Point in Pacific Grove on Sunday mornings to swim. On December 21st, 16 went out, and only 15 swimmers returned.

According to Monterey County Now, a swimmer who had already left the water reportedly saw a shark just off the point. 911 was called for a shark in the water by a man who was not a part of the Kelp Krawlers.

The local Fire Department and the Kelp Krawlers worked ot make sure all members were removed from the water, and that was when it was discovered that Fox had not made it back with the group.

Authorities then launched a search mission that Monday (December 22), involving numerous US Coast Guard crews and local fire and police department personnel. According to the Guardian, the 15-hour search covered about 84 square miles but was suspended after Fox was not found.

Just under a week later, firefighters announced that they had found Fox’s body on Davenport Beach on December 28.

Her body still had a “shark band” around the ankle, an electromagnetic device worn to help keep sharks away.

Fox’s death is the second fatal shark attack to occur at Lovers Point in over 70 years; the first was a 17-year-old boy in 1952.

Shark attacks in the US are rare, and fatal attacks are even more rare. According to the Associated Press, the odds of getting attacked by a shark are less likely than getting struck by lightning or being mauled by a bear.

According to the Associated Press, this is not the first dangerous encounter that the group had with a shark; in 2022, fellow Kelp Krawler Steve Brummer was severely injured after being attacked by a great white shark, and he was also wearing a “shark band” at the time of his attack.

The Kelp Krawlers met on the 28th in a walk to honor their fellow teammate, who finished two half Ironmans and a variety of other triathlon races in her career.

“She didn’t want to live in fear,” her husband, Jean-Francois Vanreusel, said in an article by the Associated Press. “She lived her life fully.”

Read the full story on SwimSwam: Open Water Swimmer Erica Fox Killed in Shark Attack Near Santa Cruz

Biofertilizer Microneedle Patch Enhances Plant Growth and Reduces Waste

0

If you’re a gardener – and definitely if you’re a farmer – you want to spend less on fertilizer but while growing more food. Well, it’s time to send your thank-you basket of fruits and vegetables to researchers at the National University of Singapore, because they’ve created a magic wand for doing just that. Well, actually, a magic needle.

In their Advanced Functional Materials paper “Microneedle-Based Biofertilizer Delivery Improves Plant Growth Through Microbiome Engineering,” Andy Tay and colleagues explore the twin sources for their innovation: microbes in humans, and injections for humans.

“Inspired by how microbes can migrate within the human body,” says Prof. Tay, who led the work as Principal Investigator at NUS’s Institute for Health Innovation & Technology (iHealthtech), “we hypothesized that by delivering beneficial microbes directly into the plant’s tissues, like a leaf or stem, they could travel to the roots and still perform their function, but much more effectively and be less vulnerable to soil conditions.”

To get those beneficial microbes – a living biofertilizer – where the plants needed them, Tay’s team created patches of dissolvable microneedles. Using a plant growth-promoting rhizobacteria (PGPR) cocktail of Streptomyces and Agromyces-Bacillus to improve the metabolizing of nutrients and stimulate plant growth hormones, greenhouse kale and choy sum grew faster in height, leaf surface area, and shoot biomass.

The microneedle patches are made of polyvinyl alcohol (PVA), a biodegradable, low-cost polymer, and infused with a plant growth-promoting rhizobacteria (PGPR) cocktail of Streptomyces and Agromyces-Bacillus

National University of Singapore

That additional growth came with savings: 15% less biofertilizer than would usually be applied to inoculating soil. Much of the credit for that growth comes from more precise fertilizer delivery and thus less waste, which means reduced damage from fertilizer missing its target and ending up where it shouldn’t go.

So, what is living biofertilizer?

It’s beneficial fungi and bacteria that acts like a “plant nurse” by helping crops tolerate stress and absorb nutrients. Traditionally, farmers have added these living biofertilizers to soil, where acidity – plus the rival microbes who live there – pose a great threat, and thus for every amount of biofertilizers dumped into soil, only a portion gets to the roots. The NUS method, on the other hand, injects the helpful fungi and bacteria right into the stems or leaves, bypassing threats and getting to their targets immediately.

Using polyvinyl alcohol (PVA), an inexpensive, biodegradable, low-cost polymer, the team creates patches (1 cm2, or 0.16 square inches) with a short row of 140-μm microneedles for leaves, or 430-μm microneedles for stems, inside a 40 x 40 array of 140 μm pyramids.

The researchers then blend microbes into the PVA solution which they cast in microscopic molds before locking the microbes into the tips of the needles. Simply by thumb-pressing this “reverse thimble,” or using a manual applicator for even distribution of force, the needles harmlessly remain inside the plants and dissolve after about 60 seconds, leaving their microbes behind.

For easy production and instantaneous delivery, the applicator needle-patches are 3D-printable, and even when used across massive leaves, provide uniform insertion. And because of the patch’s design, its microbes remain viable in storage as long as four weeks, allowing stockpiling. Unlike with soil-delivered biofertilizers, there’s almost no waste or misfiring, meaning that crops – including highly valuable ones – get all their intended medicine.

Dr. Arya Gopinath Madathil Pulikkal (left) and Asst. Prof. Andy Tay (right) in front of a small greenhouse containing Choy Sum plants
Dr. Arya Gopinath Madathil Pulikkal (left) and Asst. Prof. Andy Tay (right) in front of a small greenhouse containing Choy Sum plants

National University of Singapore

While microneedle technology isn’t new (New Atlas has previously covered microneedle patches that deliver pesticides to plants), “This work is the first to demonstrate that root-associated biofertilizer can be directly delivered into a plant’s leaves or stems to enhance growth,” says Tay. “With this finding, we introduced a new concept of ‘microneedle biofertilizer’ that overcomes significant challenges of soil inoculation.”

Tay and his team express hope that in the near future, the microneedle approach will be a significant component of vertical and urban food and medicinal farms.

“A major focus is scalability,” says Tay. “We plan to explore integrating our microneedle technology with agricultural robotics and automated systems to make it feasible for large-scale farms. We will also test this across a wider variety of crops, such as strawberry, and investigate how these microbes migrate effectively from the leaf to the root.”

Source: National University of Singapore

Visual Documentation of Maduro’s Capture: Photos and Maps

0

Tiffany Wertheimerand

BBC Visual Journalism team

@realdonaldtrump Maduro on the USS Iwo Jima, wearing a grey tracksuit and holding a bottle of water. He is blindfolded and wearing ear protection.@realdonaldtrump

The US says its military operation to capture Venezuela’s president took months of planning, but when Donald Trump gave the order to launch, “Operation Absolute Resolve” only lasted about 150 minutes.

The surprise early-morning attack on Saturday marked an unprecedented event in modern politics and culminated in the arrest of Nicolás Maduro and his wife, Cilia Flores.

Captured by troops from an elite US army unit as they tried to flee into a fortified safe room, the pair are now being held in a detention centre in New York and face narco-terrorism charges.

As the sun rose on Saturday, the scale of the military operation in Caracas, Venezuela’s capital, was clear.

Pictures from Fuerte Tiuna, a huge military complex where top government officials live, show bombed out buildings and charred, smouldering cars.

It was at this compound that Maduro and his wife were captured, Venezuelan ruling party leader Nahum Fernández told the Associated Press news agency.


Fuerte Tiuna, Venezuela’s largest military complex, was hit by US strikes early on Saturday morning

Fuerte Tiuna, Venezuela’s largest military complex, was hit by US strikes early on Saturday morning

Hours earlier – Trump gives the order

Operation Absolute Resolve began with reports of explosions at about 02:00 in Caracas (06:00 GMT).

The US cut power to the city, Trump has since said, describing it as “dark and deadly”.

The aim was to disable Venezuela’s air defences and clear the path for US military helicopters to get to Fuerte Tiuna.

“We assessed that we had maintained totally the element of surprise”, Gen Dan Caine, the nation’s highest-ranking military officer, said.

The BBC has verified five strike locations, including the compound, a port and an airport. Pictures show Fuerte Tiuna on fire, with huge flames visible for miles.

Reuters A big fireball in the distance, with smoke rising from it.Reuters
AFP via Getty Images Fire at Fuerte Tiuna, Venezuela's largest military complex, is seen from a distance.AFP via Getty Images

Venezuela declared a national emergency following the US strikes

The fire at Fuerte Tiuna military complex could be seen from a distance

Map showing locations of US air strikes in and around Caracas, Venezuela. Highlighted sites include Port La Guaira to the north, Fuerte Tiuna, Antenas El Volcan and La Carlota in Caracas, and Higuerote Airport to the east.

Venezuelans have described how US military helicopters flew low over Caracas, heading for Fuerte Tiuna.

Some of the helicopters came under fire, but were still able to fly, Gen Caine said.

“It was a lot of gunfire,” Trump added.

Reuters A grainy still from a video that shows at least five helicopters flying over the city as plumes of smoke can also be seenReuters

US military helicopters flying over Caracas, with plumes of smoke from earlier air strikes clearly visible

Once on the ground, troops from the US Army’s Delta Force, an elite special forces unit, moved quickly.

They gained access to the compound at 02:01 local time, and the Maduros “gave up” without a struggle, Gen Caine said.

But Trump gave more details. The Maduros tried to escape into a safe place, the US president explained, describing it as a military “fortress”.

“The safe place is all steel, and he wasn’t able to make it to the door because our guys were so fast.

“It was a very thick door, a very heavy door,” Trump told reporters. “He made it to the door. He was unable to close it.”

But even if they had managed to get into the safe room, Trump said troops could have blown it open in about “47 seconds”.

From Caracas to Manhattan

Now in US custody, Nicolás Maduro and his wife were transported some 2,100 miles (3,400km), to New York City.

They were flown out of Caracas by helicopter, and taken to the USS Iwo Jima, a warship stationed in the Caribbean. The team was back “over the water” by 04:29, Gen Caine said.

It was on the ship that we got one of the defining pictures of the whole operation – Maduro in handcuffs, wearing ear protectors and a type of blindfold that looked like dark sunglasses.

Trump and Getty Images Maduro, wearing a grey track suit, has ear protectors and dark sunglasses - which are likely a type of blindfold - on, and is holding a bottle of water. On the right is a view of USS Iwo Jima in the middle of the oceanTrump and Getty Images

Trump distributed an image of Maduro he said was taken on board the USS Iwo Jima

From the USS Iwo Jima, he was first flown to the US Navy base at Guantánamo Bay.

The Maduros were then flown on a government plane to Stewart Air National Guard Base in New York state, and then via helicopter to Manhattan.

A map showing Caracas and explaining that Maduro was flown out of the city on a US helicopter in the early hours of Saturday, then he was taken to USS Iwo Jima at an unknown location in the Caribbean Sea, then he was later flown to the US Guantanamo Bay Naval Base in Cuba and finally he was flown to New York, where he faces drugs and weapons charges.
AFP via Getty Images A helicopter flying in darkness with the US flag on a pole to the left and two "VIP Heliport" signsAFP via Getty Images
Getty Images NYPD officers and an armoured vehicle.Getty Images

A helicopter transporting the Maduros lands at a helipad in Manhattan, New York City

Heavy security surrounded the helipad as the Maduros arrived in New York City

Map showing the DEA Headquarters and the Brooklyn detention centre where the Maduros are being held
Getty Images Several people in the distance, including a man dressed all in black, including a black hood, and you can see his hands in the peace sign. A police car is in the foreground.Getty Images

Maduro could be seen flashing a peace sign when he arrived at a heliport in New York

Reuters Five heavily armed guards outside the department of justice, federal bureau of prisons building.Reuters

There was heavy security at all buildings near the detention centre where Maduro and his wife are being held – the Federal Bureau of Prisons is next door

On Saturday, a video was released showing Maduro at the Drug Enforcement Agency’s (DEA) headquarters in New York.

He and Cilia Flores are now being held in a detention centre in the city.

They have been charged with conspiracy to commit narco-terrorism and import cocaine, possession of machine guns and destructive devices, and conspiracy to possess machine guns and destructive devices against the US.

“They will soon face the full wrath of American justice on American soil in American courts,” said Attorney General Pam Bondi.

Video shows Maduro’s arrival in US and journey into custody