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  NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES  

 

Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) further to its news release of July 8 th 2025, the Company provides certain updates in respect of its technology licensing agreement dated July 7 th 2025 (the ‘ Technology Licensing Agreement ‘), amongst the Company and Matthew J. Mason (the ‘ Lessor ‘). The Lessor holds the exclusive license to certain proprietary technology and know-how that can be used to assist in area prioritization selection for the purposes of exploration for minerals (the ‘ Technology ‘), which was developed by an arm’s length Ph.D. geologist (the ‘ Licensor ‘).

 

In particular, the Lessor obtained its license in the Technology pursuant to the terms of a binding term sheet dated February 6 th , 2025, amongst the Lessor and the Licensor (the ‘ Underlying Agreement ‘). Pursuant to the terms of the Underlying Agreement, the Lessor’s license in the Technology shall be for a period of 2 years. In connection with the grant of the license to the Lessor from the Licensor, the Lessor and the Licensor shall form an unincorporated joint-venture whereby the Licensor shall contribute the Technology, and the Lessor shall contribute funding and marking expertise to collaboratively advance the development of the Technology. As of the date hereof, the Licensor has advanced funds of GBP280,000 pursuant to the Underlying Agreement.

 

Furthermore, the 3,750,000 common shares of the Company payable to the Lessor pursuant to the Technology Licensing Agreement shall be subject to a tier 2 value escrow agreement, with 10% of the escrowed securities being releasable at the time of the Final TSX-V Bulletin, and 15% of the escrowed securities being releasable every six months thereafter until released in full.

 

For more information regarding the Technology Licensing Agreement and the Technology, please refer to the Company’s news release of July 8 th , 2025.

 

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. None of the securities issued pursuant to the Technology License Agreement have been, or will be, registered under the United States Securities Act of 1933, or any state securities laws.

 

  About Stallion Uranium Corp.:  

 

 Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.

 

Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .

 

  On Behalf of the Board of Stallion Uranium Corp.:  

 

Matthew Schwab
CEO and Director

 

  Corporate Office:  
700 – 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6

 

T: 604-551-2360
info@stallionuranium.com  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

  This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.  

 

  Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .

 

   

 

 

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(TheNewswire)

 

   

   
     

 

TORONTO, ON TheNewswire – August 1, 2025 Silver Crown Royalties Inc. ( Cboe: SCRI,OTC:SLCRF; OTCQX: SLCRF; FRA: QS0) ( ‘Silver Crown’ ‘SCRi’ or the ‘Company’ ) is pleased to announce it has executed an amendment (the ‘ Amendment ‘) to its silver royalty agreement originally dated December 13, 2024 (the ‘Agreement’ ) with PPX Mining Corp. ( TSXV: PPX; BVL: PPX) ( ‘PPX’ ) with respect to a silver royalty (‘ Silver Royalty ‘) on the Igor Project. The Amendment changes the capital deployment structure of the second tranche of the purchase price for the Silver Royalty (the ‘ Second Tranche Payment ‘) and the commencement date of the quarterly minimum Silver Royalty payments under the Agreement (the ‘ Minimum Royalty Payments ‘).

 

  The Second Tranche Payment, originally set at US$1,470,000 and payable on or before August 6, 2025, has now been divided into two payments, with Silver Crown paying US$833,000 of the Second Tranche Payment to PPX today and with the remaining US$637,000 of the Second Tranche Payment now being due on or before December 31, 2025. Additionally, the commencement date for the Minimum Royalty Payments has been deferred from October 1, 2025, to March 31, 2026, subject to earlier commencement upon the startup of metallurgical operations at the Beneficiation Plant.  

 

  In accordance with the terms of the Agreement as amended by the Amendment, the payment of the first US$833,000 of the Second Tranche Payment today increased Silver Royalty payable to SCRi to the cash equivalent of 5.1% of the silver produced at the Igor Project (to an aggregate 11.1%), and the total payable silver ounces under the Silver Royalty increased by 76,500 ounces (to an aggregate total of 166,500 ounces). Upon payment of the remaining US$637,000 of the Second Tranche Payment on or before December 31, 2025, the Silver Royalty will further increase by 3.9% of the cash equivalent of the silver produced at the Igor Project (to a total of 15%), and the total payable silver ounces under the Silver Royalty will increase by an additional 58,500 ounces (to an aggregate total of 225,000 ounces) as contemplated by the Agreement.  

 

  Peter Bures, Silver Crown’s CEO, stated, ‘Increasing our royalty to 11.1% of the cash equivalent of the silver produced at Igor 4 (up from 6% in the first half of the year) is expected to be instrumental to our revenue growth in the immediate term. Amending the Second Tranche Payment offers flexibility to our partners as they continue to develop their infrastructure and presents an opportunity for SCRI to deploy capital in a more advantageous manner for shareholders. Furthermore, adjusting the Minimum Royalty Payments to a more advantageous timeline enables for any fine tuning during the initial phase of the Beneficiation Plant’s operation. We emphasize that the overall transaction terms remain unchanged per the Agreement: SCRI is still expected to receive the cash equivalent of 225,000 silver ounces over the next four years, of which approximately the cash equivalent of 1,600 silver ounces have already been delivered and will now be delivered at an increased rate.  

 

  ABOUT Silver Crown Royalties INC.  

 

  Founded by industry veterans, Silver Crown Royalties (   Cboe:   SCRI |   OTCQX:   SLCRF |   BF:   QS0   ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders.   For further information, please contact:  

 

  Silver Crown Royalties Inc.  

 

  Peter Bures, Chairman and CEO  

 

  Telephone: (416) 481-1744  

 

  Email:   pbures@silvercrownroyalties.com  

 

  FORWARD-LOOKING STATEMENTS  

 

  This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable   Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to, SCRi anticipates that Elk Gold will pay this residual amount owing on or before March 31, 2025. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi’s ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.  

 

  This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.  

 

  CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.  

 

   

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

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The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk’s company Starlink, following through with a vow by the province’s premier to cut ties in retaliation for U.S. tariffs imposed on Canada.

Stephen Lecce, Ontario’s minister of energy and mines, confirmed the cancellation of the contract for internet services at an unrelated news conference in Toronto on Wednesday. Lecce, who oversees broadband connectivity in Canada’s most populous province, didn’t say how much the termination would cost.

“I can confirm that the premier has fulfilled his word, which is to cancel that contract because of the very reasons he cited in the past,” Lecce said. “We are standing up for Canada.”

Under the terms of the deal, which Ontario signed last November, Starlink was to provide high-speed internet access to 15,000 eligible homes and businesses in more remote communities.

In February, Ontario Premier Doug Ford threatened to end the agreement with Starlink in response to U.S. President Donald Trump imposing tariffs on Canadian goods. He later postponed the cancellation after Trump agreed to a 30-day pause on tariffs.

SpaceX, Starlink’s parent, did not immediately respond to a request for comment.

Musk headed Trump’s drive to shrink the federal government and was a close ally before falling out with the president.

Canada and the U.S. are working on negotiating a trade deal by August 1, the date Trump is threatening to impose a 35% tariff on all Canadian goods not covered by the U.S.-Mexico-Canada trade agreement.

Earlier this week, Canadian Prime Minister Mark Carney said talks were at an intense phase while reiterating that a deal that would remove all U.S. tariffs was unlikely.

Lecce said Ontario has taken other measures against the U.S., including restricting the ability of U.S. companies to bid on provincial government contracts, removing U.S.-made alcoholic beverages from store shelves and working to decouple the province’s energy sector from the U.S.

This post appeared first on NBC NEWS

SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling global supply chain away from U.S. President Donald Trump’s trade war have so far succeeded.

Apple said it earned $94.04 billion in revenue for its fiscal third quarter ended June 28, up nearly 10% from a year earlier and beating analyst expectations of $89.54 billion, according to LSEG data. Its earnings per share of $1.57 per share topped expectations of $1.43 per share.

Sales of iPhones, the Cupertino, California, company’s best-selling product, were up 13.5% to $44.58 billion, beating analyst expectations of $40.22 billion.

Apple has been shifting production of products bound for the U.S., sourcing iPhones from India and other products such as Macs and Apple Watches from Vietnam. Still, the company had warned investors that U.S. tariffs could cost it $900 million in the fiscal third quarter, and it trimmed its annual share buyback program by $10 billion, a move analysts viewed as helping to free up cash to remain nimble in uncertain times.

The ultimate tariffs many Apple products could face remain in flux, and many of its products are currently exempt. Sales in its Americas segment, which includes the U.S. and could face tariff impacts, rose 9.3% to $41.2 billion.

In an interview with Reuters, Apple CEO Tim Cook said the company set seasonal records for upgrades of iPhones, Macs, and Apple Watches. He said Apple estimates about 1 percentage point of its 9.6% of sales growth in the quarter was attributable to customers making purchases ahead of potential tariffs.

“We saw evidence in the early part of the quarter, specifically, of some pull-ahead related to the tariff announcements,” Cook told Reuters, though he also said the active user base for iPhones hit a record high in all geographies.

The U.S. is still negotiating with both China and India, with Trump saying India could face 25% tariffs as early as Friday. However, analysts said India could still retain cost advantages for Apple in the longer term.

Tariffs are only one of Apple’s challenges. The company faces competition from rivals such as Samsung in a tough market for premium-priced mobile phones. On the software front, Apple faces challenges from Alphabet, which is quickly weaving AI features into its competing Android operating system.

Apple has delayed the release of an AI-enriched version of Siri, its virtual assistant, but Cook said the company is “making good progress on a personalized Siri.” He also said Apple, which has thus far not engaged in the massive capital expenditures of its Big Tech rivals to pursue AI, is “significantly growing” its investments in artificial intelligence.

“Apple has always been about taking the most advanced technologies and making them easy to use and accessible for everyone, and that’s at the heart of our AI strategy,” Cook said.

Apple faces regulatory rulings in Europe that threaten to undermine its lucrative App Store business. Apple said sales from its services business, which includes the App Store as well as music and cloud storage, were $27.42 billion, topping analyst expectations of $26.8 billion.

Sales of wearables such as AirPods and Apple Watches were $7.4 billion, missing estimates of $7.82 billion. Mac sales of $8.05 billion beat expectations of $7.26 billion, while iPads hit $6.58 billion in sales, missing expectations of $7.24 billion.

In Greater China, where Apple has faced long delays in approval to introduce AI features on its devices, sales were $15.37 billion, up from a year ago and above expectations of $15.12 billion, according to a survey of five analysts from data firm Visible Alpha.

Apple said gross margins were 46.5%, beating analyst expectations of 45.9%, according to LSEG estimates.

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Steve Ricchetti, a longtime Democratic operative and lobbyist, is sitting down with House Oversight Committee investigators Wednesday.

He’s known as a member of former President Joe Biden’s inner circle who reportedly played a key role in downplaying concerns, both public and private, about the ex-commander-in-chief’s mental fitness for office.

Ricchetti also reportedly helped craft Biden’s historic letter announcing the end of his 2024 re-election bid that July, according to the New York Times.

But long before that, Ricchetti graduated from Miami University in Ohio and got a Juris Doctor from Virginia’s George Mason University.

His first major role in electoral politics came when Ricchetti served as executive director for the Senate Democrats’ campaign arm, the Democratic Senatorial Campaign Committee, from 1990 to 1992.

Ricchetti then worked for former President Bill Clinton as a congressional liaison from 1993 to 1996 and then again as White House deputy chief of staff for operations from 1998 to 2001.

During that second stint, he played a critical role in wrangling House Democrats during the GOP’s impeachment proceedings against Clinton.

In between and in later years, Ricchetti enjoyed a lucrative career as a lobbyist, even founding the lobbying firm Ricchetti Inc. with his brother in 2001.

His work with Biden began in 2012 when Ricchetti was appointed to be counselor to the vice president during the Obama administration – one of several ex-lobbyists appointed to that White House, despite former President Barack Obama’s vow not to hire K Street operatives. He was soon elevated to be Biden’s chief of staff in late 2013.

Ricchetti also chaired Biden’s 2020 campaign before playing a critical role in his administration, where he acted as part of a small ‘Politburo’ of close advisors who helped control the White House, Axios reporter Alex Thompson and CNN host Jake Tapper wrote in their book ‘Original Sin.’

‘In terms of who was running the White House, it’s a small group of people that have been around,’ Thompson told the PBS program ‘Washington Week’ earlier this year.

Several members of Ricchetti’s family also notably had roles in the Biden administration; two of his sons and his daughter worked for the Treasury, State Department, and in the White House, respectively.

At the time, the White House argued they got the jobs on their merits rather than their father’s closeness to Biden.

Ricchetti also reportedly played a key role in dismissing concerns about Biden’s mental health.

Two weeks after Biden’s disastrous debate against current President Donald Trump, the New York Times reported that Ricchetti got into a ‘shouting’ argument with Rep. Pete Aguilar, D-Calif., after the latter called to express concerns about Biden’s political viability.

U.K.-based outlet The Times reported that Ricchetti ‘sounded like a mob boss’ in a conversation with actor George Clooney days before the Hollywood star and longtime Democratic donor penned an explosive op-ed calling for a new 2024 nominee in early July 2024.

And multiple outlets have reported that Ricchetti also denied any concerns about Biden’s mental acuity in an off-the-record conversation with an unnamed reporter at an unnamed outlet that almost ran a story shining a light on concerns about Biden’s mental health.

Ricchetti is the seventh ex-Biden aide to speak with investigators in House Oversight Committee Chair James Comer’s probe into whether White House officials covered up signs of Biden’s decline.

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President Donald Trump warned that his August 1 deadline for making a trade deal with the U.S. ‘stands strong’ on Wednesday, threatening several key nations with a big tariff hike.

‘The August first deadline is the August first deadline — it stands strong, and will not be extended. A big day for America!’ Trump wrote on Truth Social, using all-caps.

Here are the major countries that still need to negotiate deals with the U.S.

Canada

Trump sent a letter to Canadian Prime Minister Mark Carney threatening a 35% tariff if a deal isn’t struck, but negotiations appear to have stalled.

‘We haven’t really had a lot of luck with Canada. I think Canada could be one where they’ll just pay tariffs. It’s not really a negotiation,’ Trump said of the negotiations with our neighbor to the north on Friday.

Carney himself said on Monday that negotiations have reached an ‘intense phase.’

‘It’s a complex negotiation. You see with the various trade deals that have been agreed to by other jurisdictions — the European Union yesterday, Japan before that, Indonesia, United Kingdom — that there are many elements to these negotiations. We’re engaged in them. But the assurance for Canadian businesses, for Canadians, is we will only sign a deal that’s a good deal, the right deal for Canada,’ he told reporters Monday.

According to the US Trade Representative (USTR), Canada is America’s third-largest importer, totaling $412.7 billion in 2024. The U.S. exported $349.4 billion to Canada in the same year.

Mexico

Trump sent a similar letter to Mexican President Claudia Sheinbaum earlier this month, this one threatening a 30% tariff.

No deal has been struck as of Wednesday, however, and neither party has been vocal about where negotiations stand.

Mexico is America’s top source of imports, totaling $506 billion in 2024, according to the USTR. Meanwhile, the U.S. exported $334 billion to the country over the same year.

China

Treasury Secretary Scott Bessent negotiated with Chinese officials in Sweden this week and said Tuesday that the talks were ‘very constructive.’

He emphasized to reporters that no final agreement was made, however. Unlike most countries, China is facing an August 12 deadline rather than August 1, giving them somewhat more breathing room for negotiations.

‘Nothing is agreed until we speak with President Trump,’ Bessent told reporters.

Commerce Secretary Howard Lutnick told Fox News on Monday that the deadline for China could be extended even further than August 12, though that decision will be up to Trump.

South Korea

Trump warned South Korean President Lee Jae Myung in a July 7 letter that the country would face a 25% blanket tariff if a deal isn’t reached by August 1.

Lee’s office said late last week that it was preparing a proposal. Lutnick met with three top Korean officials in Washington this week, though no news has come out of the meeting.

Taiwan

Taiwan has yet to reach a trade deal with the Trump administration, but Taipei has a delegation in Washington hoping to reach one before August 1, Reuters reported Wednesday.

The self-governed island is facing a 32% tariff if it does not secure a deal.

‘All the relevant talks are still ongoing,’ one source familiar with the talks told Reuters, with another saying negotiators were still in the U.S.

‘We hope these negotiations will accomplish four objectives: safeguarding national interests, protecting industrial interests, ensuring public health, and securing food safety. These objectives serve dual purposes: promoting balanced bilateral trade between Taiwan and the U.S., and enhancing cooperation in diverse areas like technology and national security,’ Taiwan’s cabinet said in a statement.

India

Trump appears to have slammed the door shut early on India, announcing on Truth Social that the country will face a 25% tariff across the board beginning August 1.

‘Remember, while India is our friend, we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the world, and they have the most strenuous and obnoxious non-monetary trade barriers of any country. Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of energy, along with China, at a time when everyone wants Russia to stop the killing in Ukraine — all things not good!’ Trump wrote.

‘India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August first. Thank you for your attention to this matter. MAGA!’ he added.

Brazil

Trump threatened a massive 50% blanket tariff on Brazilian goods in a letter to Brazilian President Luiz Inácio Lula da Silva earlier in July.

Trump credited the higher rate to Brazil’s prosecution of former President Jair Bolsonaro, who many compared to Trump himself. The U.S. president said Bolsonaro was the victim of a ‘witch hunt.’

Lula’s regime has requested that the U.S. exempt certain industries from the tariffs, but a deal before August 1 appears unlikely.

This post appeared first on FOX NEWS

The Treasury Department announced Wednesday that it would be officially imposing sanctions on Brazilian Supreme Federal Court Justice Alexandre de Moraes, the jurist leading a criminal investigation against former right-wing President Jair Bolsonaro. 

News of the sanctions comes after President Trump threatened a 50% tariff on products from Brazil unless the country stopped what Trump has described as an ‘unjust’ and politically motivated case against Bolsonaro that is charging the former Brazilian president with organizing an attempted coup. A notice announcing the sanctions from the Treasury Department alleged De Moraes has been using his position to authorize ‘arbitrary’ pre-trial detentions, suppress freedom of speech and target political opponents. 

‘Alexandre de Moraes has taken it upon himself to be judge and jury in an unlawful witch hunt against U.S. and Brazilian citizens and companies,’ Secretary of the Treasury Scott Bessent. ‘De Moraes is responsible for an oppressive campaign of censorship, arbitrary detentions that violate human rights, and politicized prosecutions—including against former President Jair Bolsonaro.’

‘Today’s action makes clear that Treasury will continue to hold accountable those who threaten U.S. interests and the freedoms of our citizens,’ Bessent added.

As a result of the sanctions, all of De Moraes’s property and assets that are located within the United States, or that are in the possession of any U.S. persons, have been frozen. That also includes any assets where De Moraes has a 50% or more stake.

Any corporations or financial institutions that engage in certain transactions or activities deemed to violate the sanctions against De Morae also risk exposure to sanctions themselves, the Treasury Department also indicated. 

The Trump administration’s sanctions against De Moraes stem from the president’s first-term Executive Order 13818, which declared a national emergency with respect to human rights abuses and corruption around the world. The 2017 executive order, according to the Treasury Department, builds on the Global Magnitsky Human Rights Accountability Act passed in 2016, which allows the president and the Treasury’s Office of Foreign Assets Control to impose sanctions on foreign officials responsible for human rights violations. 

Rumors the U.S. might levy sanctions targeting De Moraes were reported earlier this month as Bolsonaro’s son, Eduardo, was reportedly working closely with the White House to push the United States to impose sanctions.  

De Moraes, a Brazilian Supreme Federal Court Justice, has been leading the case against Bolsonaro, steering key developments in the case as its official ‘rapporteur,’ which followed an 884-page report by the Brazilian Prosecutor-General Paulo Gonet detailing a scheme alleging Bolsonaro and 33 others participated in a plan to remain in power despite losing to current President Luiz Inácio Lula da Silva

The case against Bolsonaro alleges the attempted coup involved the systematic sowing of national distrust in the electoral system among the populace, drafting a decree to give the plot a veneer of legality, and pressuring top military brass to go along with the plan and inciting a riot in the capital.

A panel of justices on Brazil’s Supreme Court accepted the charges against Bolsonaro in March, and ultimately ordered the former leader to stand trial. All five justices ruled in favor of accepting the charges, which included accusations involving a plan to poison Bolsonaro’s successor and kill a Supreme Court judge.

This post appeared first on FOX NEWS

A Senate Republican wants the Justice Department to investigate, and potentially prosecute, former Special Counsel Jack Smith over whether he ‘unlawfully took political actions to influence the 2024 election’ against President Donald Trump.

Sen. Tom Cotton, who chairs the Senate Intelligence Committee, accused Smith of seeking to impact the 2024 election in his capacity as special counsel under the Biden-led Justice Department in a letter to the acting head of the Office of Special Counsel, Jamieson Greer, first obtained by Fox News Digital.  

‘As the Office of the Special Counsel is tasked with ensuring federal employees aren’t conducting partisan political activity under the guise of their federal employment, you’re well situated to determine whether Smith broke the law,’ the Arkansas Republican wrote.

‘Many of Smith’s legal actions seem to have no rationale except for an attempt to affect the 2024 election results – actions that would violate federal law,’ he continued.

Smith was tapped by former Attorney General Merrick Garland to probe allegations that Trump sought to overturn the 2020 election results, and later investigated the handling of classified documents that were uncovered during a raid at Trump’s Mar-a-Lago compound.

Cotton listed four instances during Smith’s tenure where he charged that the prosecutor sped up trial dates and published information ‘with no legitimate purpose.’

In one example, Cotton accused Smith of fast-tracking the trial date and jury selection for his case against Trump related to his August 2023 indictment that was part of his 2020 election investigation.

That indictment included four charges against the president, including conspiracy to defraud the United States, obstruction of an official proceeding, conspiracy to obstruct an official proceeding, and conspiracy against rights.

Cotton argued that, typically, defendants have more than two years to prepare for that kind of trial, and noted that the jury selection period was slated just two weeks before the Iowa Caucuses in 2024.

He also charged that Smith skirted the normal appellate process and ‘failed to articulate a legitimate reason’ the court should grant his request when Smith demanded a trial before the forthcoming election day, wanted an expedited review by the appeals court and then filed a petition with the Supreme Court to bypass the district court after Trump filed his defense with the District of Columbia District Court in December 2023.

Cotton accused Smith of violating the Justice Department’s ’60-day rule,’ that prevents prosecutorial steps from being taken that could influence an upcoming election. That charge stemmed from Smith’s move to file a brief following the Supreme Court’s decision regarding presidential immunity, which was granted on Sept. 26, 2024, a little over a month out from the election.

And that brief, Cotton noted, exceeded the normally allowed length four times over and included grand jury testimony ‘typically kept secret at this point in other proceedings.’

‘These actions were not standard, necessary, or justified – unless Smith’s real purpose was to influence the election,’ Cotton said. ‘In fact, throughout Special Counsel Smith’s tenure, he regularly used farfetched and aggressive legal theories to prosecute the Republican nominee for president. I would add that President Biden also called during the election for President Trump to be ‘locked up.’’

‘President Trump, of course, vanquished Joe Biden, Jack Smith, every Democrat who weaponized the law against him, but President Trump’s astounding victory doesn’t excuse Smith of responsibility for his unlawful election interference,’ he continued. ‘I therefore ask the Office of Special Counsel to investigate whether Jack Smith or any members of his team unlawfully acted for political purposes.’

Fox News Digital reached out to Smith but did not immediately hear back.

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The Supreme Court revealed on Wednesday that Ghislaine Maxwell’s appeal to her sex trafficking conviction will be among the many cases the high court reviews at a closed-door conference in September.

The Supreme Court posted a brief notice indicating it plans to examine a petition from Maxwell, Jeffrey Epstein’s former girlfriend and associate, on Sept. 29, marking the first time the justices will have her case before them. The public could learn whether the high court plans to review Maxwell’s case within days or weeks of that date.

If the Supreme Court were to deny Maxwell’s petition, she would have no appeal options left. If the high court were to grant it, that means it would review Maxwell’s arguments that she was improperly prosecuted.

Maxwell was convicted by a jury in New York in 2021 of five counts involving sex trafficking of a minor and conspiracy and sentenced to 20 years in prison.

She appealed her conviction, arguing it should be tossed out because a plea deal Epstein reached with the federal government in 2007 immunized her and statutes of limitations for her actions had lapsed.

Maxwell’s case has reentered the spotlight in recent weeks after the Department of Justice (DOJ) and FBI revealed that they had reviewed Epstein’s case files and found no further information that they could release to the public. The DOJ and FBI also said they uncovered no further evidence that would allow them to bring investigative action against figures who may have been associated with Epstein, a wealthy financier and registered sex offender who died in 2019 while in prison awaiting trial.

However, the administration faced intense blowback from MAGA supporters who felt Trump appointees, including Attorney General Pam Bondi and FBI Director Kash Patel, were reneging on promises to unveil revelatory information about Epstein’s case.

Trump, who was among the many prominent figures who once socialized with Epstein, said the topic was ‘sordid’ but ‘boring’ and dismissed questions about it. However, in the face of building pressure, the president demanded the DOJ take more action to release files.

The Supreme Court signaling that it will review Maxwell’s case comes at a delicate moment.

After Trump’s demands, the department asked the court to release a limited and redacted batch of documents from the grand juries’ indictments of Epstein and Maxwell. Then, DOJ Deputy Attorney General Todd Blanche met with Maxwell in Tallahassee, Florida, where she is serving her prison sentence, and questioned her for two days. 

Blanche’s motives for the meeting remain unclear.

Maxwell’s attorney, David Markus, told reporters after the meeting that it marked the ‘first opportunity she’s ever been given to answer questions about what happened.’  She answered questions about ‘maybe about a hundred different people, and she didn’t hold anything back,’ Markus said. He said they had not ‘yet’ approached Trump about clemency. The president recently said, when asked by a reporter about the matter, that he is ‘allowed’ to give Maxwell a pardon but that he had not considered it at this stage.

The House Oversight Committee has also moved to pull back the curtain on Epstein’s case by subpoenaing Maxwell to testify before the panel.

Maxwell’s attorney responded by saying she would need full immunity to testify and that she wanted to wait until after the Supreme Court responded to her petition.

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Israel-supporting Democratic Rep. Ritchie Torres revealed on Tuesday he no longer has a relationship with some of his family due to his support for Israel. 

‘I’ve lost friends, all of you have lost friends there,’ he told a room full of Jewish students at the Israel on Campus Coalition Summit on Tuesday. ‘I’m no longer on speaking terms with with certain members of my family.’

Torres’ deep support for Israel has put him at odds with progressives in his party — but the New York Democrat has only recently begun to express frustration with the Jerusalem government. 

‘No offense, but there are moments when I feel like the Israeli government has the worst PR operation that I’ve ever seen,’ he told a room full of Israel-supporting students at the Israel on Campus Coalition Summit, some of whom applauded the remark. 

‘If I have like a normal constituent who comes to me, is not anti-Israel, is not anti-Semitic, but expresses this concern about hunger in Gaza, I cannot tell her there’s no issue,’ he said. ‘I cannot deny it. I cannot downplay that.’

The Hamas-run Gaza Health Ministry reports that 60,000 Palestinians have died as a result of Israel’s offensive campaign in Gaza to eradicate Hamas, and 154 have died from lack of food. President Donald Trump this week acknowledged there’s ‘real starvation’ in Gaza due to food shortages.  

Torres said that while he doesn’t hold Israel responsible for that starvation, ‘I feel like we should be doing everything we can to ease the human suffering in Gaza.’

He claimed that Israel is held to a ‘double standard’ because ‘no other country has been and has been expected to deliver food to its adversaries.’ 

Aid has been trickling into Gaza through the Israel-partnered Gaza Humanitarian Fund, which, since operations began on May 27, the group says has delivered more than 97 million meals. 

That ‘definitely contradicts the narrative that there’s a deliberate policy of starvation,’ Torres said. 

However, Israeli forces guard distribution sites, and the United Nations — which opposes GHF — claims over 1,000 Palestinians have died seeking aid through the group. GHF, in turn, argues the U.N.’s aid distribution has been entirely ineffective: U.N. data shows that only 8% of U.N. aid has reached its destination without being looted in the last 10 weeks, according to a Reuters report.

Israel has said there is no widespread famine in Gaza, asserting photos are misleading or of isolated cases, but has started to pause fighting in large swathes of the strip for 10 hours a day to allow for a surge of aid by land and air. 

A ceasefire and hostage deal has so far evaded Israel and Hamas leadership. White House envoy Steve Witkoff is on his way to Israel for negotiations as of Wednesday, Axios reported. 

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