Urgent: Buy This Before Bitcoin Hits $125,000

Discover the $25 Bitcoin secret that could turn into a fortune soon. Historically, this secret investment soared by 6,865%, surpassing Bitcoin's own performance. This has nothing to do with buying Bitcoin or any Bitcoin ETFs... You can easily access this secret investment through your standard brokerage account.

Mexican soldiers will get a pay raise after elimination of oversight agencies, president says

TIM REYNOLDS
December 09, 2024

MEXICO CITY (AP) -- Mexico's president said Monday that much of the money gained by eliminating independent oversight and regulatory agencies will go to the army to fund a rise in soldiers' pay.

The announcement by President Claudia Sheinbaum is the latest in a a series of new and unusual funding sources to pay for the country's increasingly influential military.

Last week, Mexico's Congress approved charging every cruise ship passenger a $42 immigration fee, with much of that money also going to the armed forces.

Under Sheinbaum's Morena party, since 2019 the military has been given powers to build and run everything from railways, airports and airlines in Mexico, and some of those projects appear to be losing money.

For over a century before, Mexico's armed forces were very limited in their actions, restricted from taking any role in politics and didn't have many business interests. But that all changed under Sheinbaum's predecessor, Andrés Manuel López Obrador, who saw the army as a loyal, unquestioning ally and a safeguard for his political and policy legacy.

López Obrador, Sheinbaum's political mentor, also made the armed forces, and the quasi-military National Guard, the country's main law enforcement forces.

In late November, Mexico's Senate voted to eliminate seven independent regulatory and oversight agencies, a move that critics warn will cement the ruling party's power and avoid outside scrutiny.

Sheinbaum called it a money-saving measure, arguing that the government can more efficiently handle functions like freedom of information requests, anti-monopoly enforcement and energy-market regulation.

However, critics and foreign investors and critics fear this could open the door to favoritism and a lack of transparency.

And earlier this month, Mexico's Senate -- controlled by the president's Morena party -- voted to charge cruise ship passengers $42 per head for port calls, drawing sharp criticism from the tourism industry.

Mexican business chambers say the immigration charge -- from which cruise passengers used to be exempt -- may hurt the country's $500 million per year cruise industry.

Two-thirds of the money raised from the cruise ship charges would go to the Mexican army, not to improve port facilities.

Moreover, many of the military-run projects appear to be big money losers, which may help explain the government's urge to find extra funding for the armed forces.

For example, one of López Obrador's pet projects -- the "Maya Train," a tourist line which runs in a loop around the Yucatan Peninsula -- has drawn only 20% of the ridership expected when it was proposed.

The Maya Train started service on Dec. 16, 2023. While it's not completely finished -- two relatively little-used stretches are scheduled to enter service later this months -- the most popular and heavily-travelled parts of the line are already in service.

As of Dec. 8, authorities announced the train line had carried a little more than 600,000 passengers in its first 51 weeks. That is only one-fifth of the 3 million passengers authorities had claimed it would carry per year.

On Monday, the government announced a "package tour" deal in which another military-run, money losing project -- the government-owned Mexicana airline -- would offer flights to stations along the Maya Train line.

The flight would take off, of course, from another military-run project, the new Mexico City Felipe Angeles airport, which is just starting to break even because the government forced cargo planes, and some passenger flights, to use it.

Mexico's ruling Morena party is already running enormous budget deficits to fund its favorite building projects like railways and oil refineries -- some of which are being built by the army. The government is desperate to find new revenue sources.

Continue Reading...

Popular

Trump Treasury Nominee Pledges To Maintain Dollar's Global Reserve Status, Outlines Vision For 'New Economic Golden Age'

Scott Bessent, Trump's Treasury Secretary nominee, pledged to uphold the dollar's reserve currency status, emphasizing productive investment, supply chain security, and strategic sanctions to bolster U.S. economic dominance.

"Boring Trade" Generates $185 Every Day. Like Clockwork. - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Poland's leader accuses Russia of planning acts of terror against 'airlines over the world'

WARSAW, Poland (AP) — Polish Prime Minister Donald Tusk accused Russia on Wednesday of planning acts of sabotage worldwide that included “acts of air terror” against airlines.

What Melania Trump wore to the inauguration — including the hat

While red baseball caps have become synonymous with President Donald Trump, made her own millinery-related fashion statement, sporting a navy wide-brimmed hat by an American designer

Man Who Predicted Trump's Win: "Do This Before January 20th" - Ad

According to legendary investor Louis Navellier, who correctly predicted Trump's win... This Trump inauguration move could be the difference between accelerating your retirement in the first 100 days of his administration...OR losing a big chunk of your retirement.

Stocks Fail To Rise Despite Benign Producer Inflation, 30-Year Treasury Yields Hit 5%, Ely Lilly Tumbles: What's Driving Markets Tuesday?

A cooler-than-expected December producer inflation report failed to ignite lasting gains on Wall Street Tuesday, reflecting lingering concerns about persistently high inflation among investors.

How TikTok grew from a fun app for teens into a potential national security threat

SAN FRANCISCO (AP) — If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form?

Trump's next move could be the catalyst that triggers Bitcoin's next BIG breakout - Ad

But here's why I'm not buying Bitcoin directly: It's VERY expensive. Instead, I've found a better way to profit -- without touching any coins, ETFs, or digital wallets. This little-known $25 investment is accessible through your regular brokerage account. It's already up over 10% since Trump's victory, and it's just getting started.

Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump

WASHINGTON (AP) — The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he's sworn in as president next week.

The No. 1 Stock for Trump's Second Term? - Ad

Legendary investor Louis Navellier's stock rating system gave a buy rating to ALL of the top 30 performing stocks in the S&P 500 index of Trump's first term... ALL of them! His system is now rating these stocks as a "BUY" for Trump's second term.

Bitcoin ETFs Outperform In First Year, But Solana, XRP ETFs Face Challenges, Expert Says

Bloomberg Intelligence analyst James Seyffart has reflected on the remarkable success of spot Bitcoin (CRYPTO: BTC) ETFs and the potential problems in altcoin ET

A battery plant fire in California started during a boom for energy storage

AUSTIN, Texas (AP) — A fire at one of the in Northern California contained tens of thousands of lithium batteries that store power from renewable energy and a growing electricity source.

Our No. 1 Way to Profit From Crypto Boom (Under $1) - Ad

Many of the world's best and richest investors are piling their money into the same trade: Bitcoin. Including legendary hedge-fund manager Paul Tudor Jones, entrepreneur Elon Musk, and venture capitalist Tim Draper. But that pales in comparison to another huge investor (worth more than all the world's billionaires combined) we believe is about to start piling into Bitcoin next. Click here for the full story.

CBRE Is This Analyst's Top Pick Betting On Commercial Real Estate Recovery, Upgrades Stock

Morgan Stanley upgrades CBRE to Overweight, raises price target to $160, citing strong growth prospects and a 29% total return potential in 2025.

Elon's "Final Move" Could Send This Stock Soaring - Ad

Whenever Elon Musk starts a new venture...Early investors get the opportunity to become millionaires...Early investors in Paypal made as much as 59,500%...SpaceX rose 5,500x in value...And most recently, Tesla jumped over 38,000%!

Brazilian police kill 6 suspects in operation to dismantle bank heist gang

SAO PAULO (AP) — Brazilian police killed six suspects Friday during an operation to dismantle a gang accused of planning large-scale bank robberies, authorities said.

Bitcoin Miners Consolidate Power: 12 Firms Now Control 30% Of Network Hash Rate

A new report from Bernstein reveals a significant shift in the Bitcoin (CRYPTO: BTC) mining landscape, with just twelve companies no

The Brand New Tech Creating Millionaires (Buy These Four Stocks) - Ad

A new technology is taking the world by storm, transforming lives, and making early investors incredibly rich. In the following video, I'll show you four stocks with absolutely explosive upside potential and the ability to turn every dollar you invest into life-changing returns.

Stock market today: Asian stocks follow Wall Street's retreat, oil prices surge

HONG KONG (AP) — Asian stocks retreated on Monday after U.S. stocks fell as raised inflation worries.

Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

HONG KONG (AP) — Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the

New AI Giant Trading up to 84% Less than Big Tech Stocks -- Set to Soar in 2025? - Ad

THIS is the single biggest money-making idea of my 43 years in the stock market.... And according to my calculations it could generate a fortune for fast-moving investors, who make their move before March 19. The problem is 99% of Americans have no idea this trade even exists. And that's good news for you... Because today you can get started with as little as $50!

A possible TikTok ban is just days away. A list of other apps available

With a possible TikTok ban just days away, many U.S. users are looking for alternative social media platforms to help them keep up with pop culture or provide the type of entertaining videos that popularized the short-form video app.

Why is Spain considering a 100% tax on homes bought by non-EU residents?

MADRID (AP) — Spain is planning a raft of measures to address its , including an up to 100% tax on properties that non-European Union residents buy.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Treasury nominee plans to say at confirmation hearing that Trump will unleash 'economic golden age'

WASHINGTON (AP) — plans to say Thursday during his confirmation hearing that has an opportunity to unleash “a new economic golden age."

XRP Market Value Could Skyrocket 5X If This Trading Pattern Completes, Says Veteran Trader Peter Brandt

Legendary trader Peter Brandt predicted a possible $500 billion market cap for payments-focused cryptocurrency XRP (CRYPTO: XRP) on Monday if certain trading patterns come to fruition.

How to Ride America's $1 Trillion Robot Revolution - Ad

Like computers before them, robots are evolving at lightning speed, transforming the world, and creating a wave of new millionaires. As Bill Gates says, the uses for robots will be "almost limitless." That's why he's pouring millions into this new technology. Now you can join him in tapping this unstoppable trend for 5, 10, even 15 times your money -- maybe a whole lot more...

Michael Saylor's MicroStrategy Not Alone In Bitcoin Acquisition, Says Bitwise Chief Investment Officer: 'It's A Bona Fide Megatrend'

Bitwise Chief Investment Officer Matt Hougan argued on Tuesday that associating the Bitcoin (CRYPTO: BTC) Treasury reserve strategy solely with MicroStrategy Inc. (NASDAQ:MSTR

What to do with your 401(k) when you retire

For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: .

Retirement Planning for 2025 -- Act Now! - Ad

Make sure your retirement strategy is in place before 2025 rolls in. Let Datalign Advisory help you take charge of your financial future and get your ducks in a row before the year's end.

Goldman Sachs Stock May Be Pricey But Its One Of The Cheapest Ways For Investing In Capital Markets: Analyst

Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating on Goldman Sachs and raised its price target to $690. The bank posted strong quarterly results, driven by a 33% year-over-year surge in trading revenue and growth in asset management.

$125 Million Home of Luminar CEO Gutted in LA Wildfires After Week of Gains for Company

The most expensive home in California's Pacific Palisades, owned by Luminar Technologies CEO Austin Russell, has been ravaged by the ongoing Los Angeles wildfires.

Legendary Investor: Buy These "Trump Stocks" Now - Ad

Within the first week of Trump's election, several stocks exploded for double- and triple-digit gains. According to legendary investor Louis Navellier, this is just the beginning of what could be the best four-year period for stocks in U.S. history.

The Czech Republic ends its energy dependence on Russian oil imports

PRAGUE (AP) — The Czech Republic has boosted its energy security by completing a project to finish the country’s dependence on oil delivery from Russia, the government said on Tuesday.

US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller stores

The Federal Trade Commission sued on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. Many predict 2025 will be an even bigger year--hitting $200,000 or higher. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto in 2025.

Thailand's Cabinet approves a draft bill to legalize casinos to boost tourism and economy

BANGKOK (AP) — Cabinet approved on Monday a draft bill legalizing casinos with the aim of boosting tourism and a sluggish economy

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service