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John Kaiser of Kaiser Research shared his thoughts on gold, honing in on why interest in gold and gold stocks remains relatively low even though the metal has been trading at or near all-time highs.

In his view, part of the issue is the disappearance of the traditional gold bug — Kaiser explained that this has come about due to former US President Donald Trump’s takeover of the Republican Party.

‘The traditional things that Republicans were concerned about — they’re no longer concerned about that. They are now into crypto and stuff like that. So gold has been in a sense orphaned from the traditional audience,’ he said.

Meanwhile, Democrats tend to have little interest in the yellow metal or the related equities.

Another contributing factor is the ongoing shift away from the US dollar. Kaiser said this has created a sense that America has peaked, and is now heading into a decline relative to other countries.

‘That’s also not a really good talking point for a traditional gold bug,’ he noted.

When asked what could catalyze interest in gold and gold stocks, he pointed to the US election. ‘Regardless of the outcome, we’re going to see gold trend higher, and that’s I think going to be the trigger,’ Kaiser said.

He also discussed issues facing junior miners right now and how they can be addressed, touching on intraday naked shorting, accredited investor requirements and slow permitting times.

In closing, he shared four stocks he’s watching: Vista Gold (TSX:VGZ,NYSEAMERICAN:VGZ), Solitario Resources (TSX:SLR,NYSEAMERICAN:XPL), PJX Resources (TSXV:PJX,OTCQB:PJXRF) and Nevada Organic Phosphate (CSE:NOP).

Watch the interview for Kaiser’s full thoughts on those topics and more.

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

This post appeared first on investingnews.com

After a successful 2024 Olympics and Paralympics in Paris, the bar has been set high for the next summer Games in Los Angeles in 2028, something that key stakeholders in that event say the city will be ready for.

Los Angeles Mayor Karen Bass told CNBC’s Andrew Ross Sorkin at CNBC x Boardroom’s Game Plan sports business event on Tuesday that what is making her anxious is “all that we need to do in our city to prepare” for the 2028 Games. However, she said that much like the last time Los Angeles hosted the Olympics in 1984, she believes the city will not only improve to host the Games but will benefit once they are over.

That includes work on public transportation. Bass said she is hoping there will be “no cars to the venues,” and that viewers will take public transportation to the Games — a pledge that will require an investment in both bus and subway infrastructure, as well as collaboration with other cities to borrow buses.

Bass said the city is also doing “whatever we can to eliminate street homelessness,” including building more than 18,000 new units for the unhoused population.

Bass said there will also be discussions with companies in Los Angeles around work schedules to shift employees to remote work during periods of high traffic, as well as find ways to shift truck deliveries into the night, like what happened during the 1984 Games.

“I think there is a way we can organize the region so that traffic will be less and manageable,” Bass said.

LA 2028 President Casey Wasserman attended the Paris Games, an event that he told Ross Sorkin “reminded people why they fall in love with the Olympics,” and one he said organizers will look to build upon in Los Angeles.

While no new permanent venues will be built for the Los Angeles Games, the first time in Olympics history, there are some challenges in utilizing all the city’s landmarks in the way Paris was able to feature famous locations like the Eiffel Tower by hosting beach volleyball nearby. Wasserman said Los Angeles got a glimpse of that with the Olympic Torch handover ceremony, when Tom Cruise scaled the Hollywood Sign and the Olympic Rings replaced the “OO”’s in the sign — which Wasserman noted was done with CGI.

“That’s obviously a longer, complicated conversation,” Wasserman said of altering the Hollywood Sign for the Games. “But I think it’s a pretty spectacular opportunity if there was a way to do it.”

Actress Jessica Alba, who is on the Los Angeles 2028 board of directors, said the Games will present all different aspects of the city’s culture, from Hollywood to fashion to food, as “a global platform to showcase what they got.”

“LA is a main character,” Alba said. “We want it to be a main character during the Olympics.”

Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.

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Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their client’s role in the implosion of the crypto empire that was run by her former boss and ex-boyfriend.

In a court filing Tuesday night, the attorneys said that, at most, Ellison should be sentenced to time served and supervised release because of her swift return to the U.S. from FTX’s Bahamas headquarters in 2022 and her choice to voluntarily cooperate with the U.S. attorney’s office and financial regulators in helping them understand what went wrong at FTX and sister hedge fund Alameda Research.

Judge Lewis Kaplan, who presided over Bankman-Fried’s case, cited Ellison’s testimony when he decided in March to sentence the FTX founder to 25 years behind bars.

Ellison, who ran Alameda Research, agreed to a plea deal in December 2022, a month after FTX spiraled into bankruptcy. Unlike Bankman-Fried, who was convicted of all seven criminal fraud charges against him, Ellison pleaded guilty to conspiracy and financial fraud charges, rather than go to trial.

The Tuesday filing also refers to the recommendation of the court’s Probation Department that Ellison be given a sentence of “time served with three years of supervised release” as a credit to her “extraordinary cooperation with the government” and “her otherwise unblemished record.” Lawyers added that the department’s presentence report, which referenced numerous character testimonials speaking to Ellison’s ethics and integrity, also recommended that she not be fined.

“Caroline poses no risk of recidivism and presents no threat to public safety,” the filing says. “It would therefore promote respect for the law to grant leniency in recognition of Caroline’s early disclosure of the crimes, her unmitigated acceptance of responsibility for them, and — most importantly — her extensive cooperation with the government.”

In the filing, FTX CEO John Ray, who has been guiding the crypto firm through bankruptcy proceedings, describes Ellison’s cooperation as “valuable” in helping his team protect and preserve “hundreds of millions of dollars” in assets. He added that she has worked with his advisors to provide information regarding private keys to cryptocurrency wallets that contain “estate assets, DeFi positions, FTX exchange internal account information, the use of third-party exchanges for pre-petition trading, and pre-petition auditing practices.”

The 67-page document describe large swaths of Ellison’s life, starting from her earliest days in Boston and stretching into her protracted and troubled romance with Bankman-Fried. In that time, she “moved around the globe at his direction, first to Hong Kong and later the Bahamas,” and “worked long, stressful, Adderall-fueled hours,” the filing says.

Bankman-Fried forced Ellison into a sort-of isolation, culminating in her moral compass being “warped,” the lawyers say. At his direction, Ellison helped “steal billions,” all while living “in dread, knowing that a disastrous collapse was likely, but fearing that disentangling herself would only hasten that collapse.”

“Bankman-Fried convinced her to stay, telling her she was essential to the survival of the business, and that he loved her,” all “while also perversely demonstrating that he considered her not good enough to be seen in public with him at high-profile events,” the filing says.

An attorney for Bankman-Fried didn’t immediately respond to a request for comment.

The document makes a point of noting that she has “drawn comfort from a new partner,” whose name is omitted from the document, but whom her friends recognize as “supportive and a positive, grounding influence.” She’s also written a novel, that’s “unrelated to the facts of this case.”

Ellison, who turns 30 in November, has a sentencing hearing on Sept. 24, in the same courthouse where she took the stand for several days in Bankman-Fried’s trial. Her former roommates and ex-FTX executives, Nishad Singh and Gary Wang, will be sentenced in October and November, respectively.

— CNBC’s Dan Mangan contributed to this report.

This post appeared first on NBC NEWS

The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice President Kamala Harris.

The company’s stock price closed at its lowest level since the Truth Social app owner began publicly trading as DJT on the Nasdaq in late March.

Investing in Trump Media stock is often seen as a way to bet on the political fortunes of Trump, the former president and current Republican nominee.

Trump Media has said its business hinges at least partly on Trump’s popularity, and analysts say the company’s value will rise or fall based on his electoral prospects.

The stock drop Wednesday could signal that some Trump’s supporters were not pleased with what they saw at Tuesday night’s debate in Philadelphia.

Liberal and conservative political commentators said Harris appeared more prepared, articulate and even-keeled than Trump, who repeatedly bit on bait that she tossed to throw him off topic.

Harris’ team, projecting confidence, challenged Trump to another debate right after the first one ended.

Trump said he may not agree to that. In a Truth Social post Wednesday, he repeated his claim that Harris only wanted another debate because she was “beaten badly.”

“Why would I do a Rematch?” he wrote in the post.

Trump Media had surged as much as 10% during trading Tuesday, possibly indicating optimism about how Trump would fare in the debate.

The company’s gains on Monday and Tuesday were a respite from a weekslong rout that saw the stock price sink as much as 75% from its intraday high in late March, when then-privately held Trump Media merged with a blank-check firm.

The slump coincided with President Joe Biden dropping out of the presidential race and endorsing Harris to replace him at the top of the Democratic ticket.

It also came in the run-up to the date when Trump and other company insiders can start selling their shares.

Trump owns nearly 57% of the company’s stock. That stake at Wednesday’s closing price was worth about $1.9 billion.

It is unclear if Trump plans to start selling off his stake when a lock-up agreement lifts on Sept. 19.

This post appeared first on NBC NEWS

The vessel – the Port Olya 3 – was identified by Maxar Technologies in satellite imagery taken on September 4 at Port Olya in Astrakhan. The ship had previously been in the Iranian port of Amirabad on August 29, according to ship tracking data. It turned off its transponder at some point after.

The US Treasury department assessed Tuesday that the Russian Ministry of Defense had “used the vessel Port Olya-3 to transport CRBMs from Iran to Russia.”

“As of early September 2024, Russia received the first shipment of CBRMs (close-range ballistic missiles) from Iran,” the Treasury said, as it announced sanctions on the Port Olya 3 along with other vessels and several Iranian individuals.

The military relationship between Iran and Russia has grown closer since the invasion of Ukraine began in February 2022. Iran has supplied thousands of “Shahed” attack drones to Russia, and according to US officials, built a drone factory in Russia.

The satellite imagery surfaced the day after US Secretary of State Antony Blinken said in London on Tuesday that the US believed the Russian military had received shipments of Iranian Fatah-360 ballistic missiles and “will likely use them within weeks in Ukraine against Ukrainians.”

The Fateh-360 has a range of up to 75 miles (120 kilometers) and can carry a payload of 330 pounds (150 kilograms). While the payload is less than that of many Russian aerial bombs, it would be useful in targeting Ukrainian frontline positions from a considerable distance, and as a ballistic missile would be much harder to intercept.

The Institute for the Study of War (ISW) has assessed that “Russian forces will likely use the Iranian-supplied missiles to target Ukrainian energy, military, and civilian infrastructure in the coming months.”

Iranian Foreign Minister Seyed Abbas Araghchi denied that the Islamic Republic had supplied ballistic missiles to Russia, posting on X: “Once again, US and E3 (UK, France and Germany) act on faulty intelligence and flawed logic, Iran has NOT delivered ballistic missiles to Russia. Period.”

The Ukrainian Foreign Ministry summoned the Iranian charge d’affaires, Shahriar Amouzegar, this week following the reports of ballistic missiles being sent to Russia. Amouzegar was warned of “devastating and irreparable consequences” for Ukrainian-Iranian relations if the reports were true.

The ISW – a Washington-based think-tank – noted that Iran has previously transferred weapons from the ports of Amirabad and Anzali on the Caspian Sea to Astrakhan. The Port Olya 3 has itself made a dozen recorded visits to the two Iranian ports this year. By September 6, it had left the Russian port for another voyage.

Blinken noted Tuesday that Washington had “warned Iran privately that taking this step would constitute a dramatic escalation.”

He said that dozens of Russian military personnel had been trained in Iran to use the Fateh-360, the supply of which “enables Russia to use more of its arsenal for targets that are further from the front line, while dedicating the new missiles it’s receiving from Iran for closer range targets.”

“For its part, Russia is sharing technology that Iran seeks. This is a two-way street, including on nuclear issues, as well as some space information,” Blinken added Tuesday.

What is as yet unclear is whether Iran’s delivery of ballistic missiles that can be fired from within Russia against targets in Ukraine will persuade the United States and European allies to relax the restrictions on the Ukrainians’ use of their missiles on more targets in Russia.

US-made HIMARS missiles have been occasionally used by Ukraine against targets some 60 to 80 kilometers inside Russia. Ukrainian President Volodymyr Zelensky has frequently appealed to Kyiv’s allies for greater latitude in using Western missiles against targets inside Russia.

The topic is likely to come up at the meeting in Washington on Friday between US President Joe Biden and UK Prime Minister Keir Starmer.

Victoria Butenko, Natasha Bertrand and Kylie Atwood contributed to this report.

This post appeared first on cnn.com

At least 18 people, including United Nations staff, were killed in an Israeli airstrike on a UN school-turned-shelter in the Nuseirat camp in central Gaza on Wednesday, according to the Gaza Civil Defense and hospital officials. At least 44 others were injured, they said.

UNRWA, the UN agency for Palestinian humanitarian relief, said on X that six of its employees were “killed today when two airstrikes hit a school and its surroundings in Nuseirat,” in what is “the highest death toll among our staff in a single incident.”

The Israel Defense Forces (IDF) confirmed that the Israeli Air Force had “conducted a precise strike on terrorists” operating inside the school compound. It claimed the school “was used by Hamas terrorists to plan and execute terrorist attacks against IDF troops and the state of Israel.”

The IDF said “numerous steps were taken to mitigate the risk of harming civilians,” saying this was “a further example of the Hamas terrorist organization’s systematic abuse of civilian infrastructure in violation of international law.”

The strike targeted the Al Jaouni UNRWA facility, which has not operated as a functioning school since October. An estimated 12,000 displaced people, including women and children, have been sheltering in the school, said UNRWA.

This is the fifth time that the school compound has been targeted since October 7, according to the UN agency and a Gaza Civil Defense spokesperson.

Mahmoud Basal, a Gaza Civil Defense spokesman, said search operations were ongoing amid the rubble, with children and women among the injured.

“Another school sheltering displaced people hit in Nuseirat today,” UNRWA chief Philippe Lazzarini wrote on X, adding that UN staff were working and “providing support to families who have sought refuge in the school.”

“Since the beginning of this war, at least 220 UNRWA staff have been killed in Gaza,” he added. “The longer impunity prevails, the more international humanitarian law and the Geneva conventions will become irrelevant.”

‘We are all civilians here’

Footage from the scene showed debris strewn around a compound and blood stains on the ground. A hole has punctured what appears to be a classroom and among the rubble is canned food and the dust-covered belongings of displaced Palestinians.

A man carrying human remains said: “Brutality, I don’t know what to say.”

Another man searches desperately for his wife and four children. “I don’t know where they are, my son, my three daughters are all missing,” Hani Haniya said from a classroom in the building. “They normally sit here, I don’t know where my wife is, she survived the last strike.”

Inside a wrecked room at the school, Fadel Abu Hdayyeh said it was used to store food for displaced Palestinians. “Those who were working here were providing aid. We don’t have any resistance fighters here, none of them enter the school. Look around, it’s all food aid,” he said.

“The people who were distributing the aid are the ones who died, civilians. We are all civilians here who are dying,” he added.

At Al-Aqsa Martyrs Hospital, footage shows trucks and ambulances transferring injured people and bodies to the hospital. The emergency room floor is overcrowded with the injured while medical teams struggle to provide aid.

Nuseirat is one of Gaza’s most densely populated camps, and its population has swollen since the war began.

Earlier Wednesday, an Israeli bombardment killed one child and six other people in the Qizan Al-Najjar area, near Khan Younis, according to Gaza’s Civil Defense. That followed an overnight strike on a family home in the town of Khuza’a, east of Khan Younis, where at least 11 people were killed, according to the Civil Defense.

This is a developing story and will be updated.

This post appeared first on cnn.com

Former Peruvian President Alberto Fujimori has died at the age of 86 after a long battle with cancer, his daughter Keiko Fujimori said Wednesday night.

“After a long battle with cancer, our father, Alberto Fujimori, has just departed to meet the Lord. We ask those who loved him to accompany us with a prayer for the eternal rest of his soul,” Keiko Fujimori wrote on X.

Fujimori, who ruled Peru from 1990 to 2000, had been fighting for his health, his primary care physician Alejandro Aguinaga said earlier on Wednesday in brief statements to reporters outside the home of Keiko Fujimori.

Fujimori had previously revealed he had been diagnosed with a new malignant tumor in May.

A controversial figure in his country, Fujimori’s tenure in office brought the country back from the brink of economic collapse but was also plagued by allegations of human rights violations and corruption, which he was later convicted of decades later.

From political outsider to strongman

The son of Japanese immigrants, Fujimori studied at an agricultural university in the Peruvian capital of Lima before traveling overseas for his graduate education in the US and France.

Once back in Peru, he hosted a television show focused on environmental issues before launching a presidential bid in 1989 as the leader of a new party – Cambio 90 (“Change 90”) – eventually defeating future Nobel literature prize-winning author Mario Vargas Llosa.

Fujimori inherited a country in economic crisis. Soon after taking office, he implemented austere economic policies known as “the Fujishock,” which reined in hyperinflation.

He also claimed victory over the Shining Path rebel movement, one of the oldest guerrilla groups in Latin America, after his government captured the group’s leader, Abimael Guzman, who was responsible for tens of thousands of deaths. Years later, his handling of a months-long hostage siege by another rebel group at the Japanese ambassador’s residence garnered him international praise.

For some Peruvians, Fujimori’s domestic victories transformed him from a political outsider to the strongman the country needed. But the former president had an authoritarian streak, using security forces to repress opponents. Soon, abuse of power and corruption allegations emerged and cast a dark shadow over his national achievements.

In the early 90s, Fujimori’s then-wife, Susana Higuchi, publicly denounced him as corrupt and claimed his family had illegally sold clothing donated to Japan. After the pair divorced, Fujimori installed the couple’s eldest daughter Keiko as Peru’s first lady ahead of his second term.

In 2000, Fujimori stood for an unprecedented third term in office despite questions about the constitutionality of running yet again. He won, prompting his main opposition candidate to claim election fraud.

But his government crumbled spectacularly later that year, after videos of Vladimiro Montesinos – his powerful intelligence chief for over a decade – were leaked, showing Montesinos bribing an opposition congressman. The scandal quickly snowballed as numerous incriminating videos emerged.

Fujimori denied any wrongdoing, but his standing with the public began to shift. Many Peruvians were left unconvinced and insisted he must have been aware of his top aide’s abuse of power and embezzlement.

That November, during a trip to Japan, Fujimori tried to quit the Peruvian presidency by sending a fax home announcing his resignation. The move threw the country’s political landscape into chaos. Days later, Peru’s congress instead fired him and labeled him “morally unfit” to govern.

He remained in Japan for a number of years, defiant that he would one day return to the upper echelons of Peruvian politics. In the mid-2000s, he traveled to Chile while preparing to stage a political comeback but was promptly arrested and eventually extradited back to Peru to face human rights abuse charges, among other alleged violations.

Fujimori has been in and out of prison over the last few years as a result of his declining health, after being convicted in four different criminal trials.

In 2009, a special supreme court tribunal sentenced him to 25 years in prison for authorizing the operation of a death squad responsible for killing civilians.

In separate trials, the former president was also found guilty of breaking into Montesinos’ home to steal incriminating videos, taking money from the government treasury to pay the spy chief and authorizing illegal wiretaps and bribing lawmakers and journalists.

He received a medical pardon for his human rights abuses in December 2017 from then-Peruvian President Pedro Pablo Kuczynski. Kuczynski’s office issued a statement at the time, saying Fujimori “suffers from a progressive, degenerative and incurable disease,” adding “prison conditions mean a serious risk to his life, health and integrity.”

“I am aware that what resulted during my administration, on one hand, was well-received but I recognize that on the other hand, I have also disappointed other compatriots. To them, I ask forgiveness from the bottom of my heart,” Fujimori had said in a video filmed from his hospital bed and posted to Twitter in 2017.

But the pardon sparked violent protests in the capital of Lima and attracted widespread criticism from human rights organizations and lawmakers.

It was ultimately overturned and in January 2019 he was returned to prison. Separately in 2018, a Peruvian court ruled he could face trial for allegedly authorizing the 1992 kidnappings, torture and killings of six people in the central Peruvian town of Pativilca, according to state-run news agency Andina.

Even with multiple criminal convictions Fujimori always held his ground, arguing that any actions he took were for the good of the country. He maintained that position until the very end.

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Olga is running around the intensive care unit, constantly checking her patients’ oxygen levels, adjusting their medication and noting their vitals. She’s working fast, but even at her busiest, the nurse anesthetist doesn’t hesitate to pause to adjust a pillow or blanket, and make sure the injured soldiers in her care are as comfortable as possible amid the constant rocking and rumbling.

A sergeant in the Ukrainian military, she is attending to some of its sickest patients. It’s a busy job – and she is doing it on a speeding train.

Most cities in eastern Ukraine are struggling to find enough hospital beds to accommodate the almost constant stream of casualties from the frontlines. But freeing up space requires that even the sickest patients, many of them unconscious, are transferred to far-flung places, often hundreds of miles away.

Long ambulance journeys are too risky for people in a critical condition, and flying a helicopter is too dangerous given Russia’s air superiority over Ukrainian skies.

The train is a lifesaver.

He explained that his field – combat medicine – mostly involves stabilizing and evacuating patients to safety, rather than carrying out treatment. His work on the train is just one part of a medical chain that starts the moment a soldier is wounded.

“The most difficult part is evacuation from the frontline,” he said. “Combat medics who work on the front are dying just like soldiers.”

Running an ICU unit on a moving train is a herculean task that involves dozens of people and presents a unique set of challenges.

Oleksandr said the vast majority of his patients, some 90%, have suffered multiple shrapnel injuries. Many have had amputations, and several are intubated, alive thanks to ventilators and other life-support machines. All have numbers written on their hands showing which car of the long evacuation train they need to travel on.

“We are very limited in our capabilities here… If something happens, I cannot call an outside consultant,” he said.

“There may be minor operations, to stop bleeding. We cannot perform abdominal… and chest surgeries. We have to be very careful when selecting the patients,” he added.

Yevgeniy was severely wounded in a drone attack just two days before he was selected for evacuation on the ICU unit of the train.

Ukraine’s most important train

The railway hospital is an example of the kind of Ukrainian ingenuity that impressed the world in the early months of this conflict.

To limit rocking, the vehicle travels at about 80 kilometers (50 miles) per hour, which is about half the speed of a regular train. It also has priority over everyone else – including any special VIP trains carrying foreign dignitaries.

Even so, the ICU unit is constantly shaking. Every piece of equipment, every bed and every beeping machine needs to be anchored to the floor and the staff must take extra care when working on the patients.

Ambulance trains were first used during the Crimean War in the 1850s, but they have come a long way since then. The modern Ukrainian versions come equipped with ventilators, life support machines, ultrasound scanners and portable air conditioners that help maintain stable temperatures even on the hottest days.

Each carriage is a self-sustained unit powered by generators – an important safety feature given the frequent Russian attacks on Ukraine’s energy infrastructure, Pertsovskyi said.

But it is the little touches that make these trains truly special.

Children’s drawings and Ukrainian flags are on display in every car, offering some comfort to the bruised and battered passengers. The blind brackets on every window are shaped as a trident, the country’s national symbol, placed deliberately in the eyeline of soldiers lying in their beds.

A tale of two deployments

The train provides a small window into the brutal cost of war. Experienced warriors and new recruits are traveling together, united by injury and pain.

“They dropped a grenade. I was stunned. I have shrapnel in my hands, on my shoulders and on my back,” he said, adding that the blast wave damaged his hearing.

An electrician and a father of two, the 35-year-old was mobilized 18 months ago and was serving as an anti-tank gunner in an infantry battalion in the Donetsk region. In all that time, he has spent just 45 days away from the frontlines.

“Morale is high, but people are very tired,” he said with a blank stare, as the train kept chugging along.

“At this point you realize that everything depends not on you, but on God. Or on luck. When the bombs fall, there is not much you can do about it.”

It was a sobering assessment from a man with the callsign “Positive.”

Ukraine’s President Volodymyr Zelensky has long admitted that the military is struggling to replenish its ranks, leaving exhausted soldiers without a chance to rest.

At a news conference last month, Zelensky said this effort to recruit more soldiers was gathering steam. “Some rotations have started. I can’t call it fundamental rotations yet, to be honest. But it’s a start, and that’s very important,” he said.

Sitting just a few beds away from Oleksandr was Stanislav, who enlisted voluntarily just three months ago. He was also wounded by a drone that dropped into his trench, leaving him with a punctured lung, broken ribs and other injuries.

Wearing a sports jersey and shorts, he was adamant Ukraine would win the war, despite being outnumbered and outgunned by Russia.

“They use quantity, and we use quality,” he said.

The incredible price of war

Nearly nine hours into its journey, the hospital train finally pulled into a railway station in one of Ukraine’s cities. In the darkness of the night, a long line of ambulances was awaiting the patients. The train’s voyage was over, but their road to recovery was only starting. Some will likely never fully recover.

Olga, the ICU nurse, was getting ready to hand her patients over to the medics on the platform. Her job was done for the day.

She joined the military as a civilian nurse in 2015, a year after the conflict between Russian-backed separatists and Ukraine started in the eastern parts of the country, and Crimea was illegally annexed by the Kremlin. She enlisted in the military in 2016 and – except for a short break in 2022 – has served ever since.

“But we have the opportunity to provide much-needed help to our defenders 24/7, and that’s the best part.”

When the ambulances departed and the train left the station, Pertsovskyi, the railway chief, was finally able to breathe a sigh of relief. The medical train is thought to be a major target for Moscow and there have recently been several strikes targeting the vicinity of railway stations and other infrastructure.

Standing on the platform, just hours after he saw a train full of new recruits headed in the opposite direction, he reflected on the brutality of the conflict.

“In the morning, I see these kids who are saying goodbye to their dads who are heading towards the frontlines,” he said. “So, seeing those same guys coming back… unconscious or with amputations, it feels like the price of the war is incredible. It’s a conveyor belt.”

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Nearly 200 people have died in Vietnam in the aftermath of Typhoon Yagi and more than 125 are missing as flash floods and landslides take their toll, state media reported Thursday.

Vietnam’s VNExpress newspaper reported that 197 people have died and 128 are still missing, while more than 800 have been injured.

The death toll spiked earlier in the week as a flash flood swept away the entire hamlet of Lang Nu in northern Vietnam’s Lao Cai province Tuesday. Hundreds of rescue personnel worked tirelessly Wednesday to search for survivors, but as of Thursday morning 53 villagers remained missing, VNExpress reported, while seven more bodies were found, bringing the death toll there to 42.

Yagi was the strongest typhoon to hit the Southeast Asian country in decades. It made landfall Saturday with winds of up to 149 kph (92 mph). Despite weakening on Sunday, downpours continued and rivers remain dangerously high.

The heavy rains also damaged factories in export-focused northern Vietnam’s industrial hubs.

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A runaway penguin has been found safe in Japan nearly two weeks after she first went missing, having paddled 45 kilometers (28 miles) during a typhoon in a survival story her keeper called “miraculous.”

While taking a dip in the ocean to avoid heatstroke, Pen suddenly became agitated and swam through a hole in her enclosure out into open waters. Her escape left Imai wracked with worry and guilt.

African penguins can swim up to 40 kilometers (25 miles) a day, he said, but in captivity, their muscle mass decreases. Pen had never swum in the sea before visiting that beach.

A lucky break would keep Pen safe.

A powerful typhoon called Shanshan brought high winds and torrential rain to the country at the end of August, killing at least six people, displacing millions, knocking out power and disrupting air travel.

But, amid the destruction, the typhoon was a boon for little Pen, Imai said. With no boats able to operate, Pen avoided collisions and getting caught in fishing nets. The record rainfall provided a reliable source of hydration and cooling.

“She survived because of the typhoon,” Imai said. “It was almost miraculous timing.”

Because of the typhoon, Gekidan Penters wasn’t initially able to send out rescue boats to search for Pen, so it was even more surprising when on Sunday someone spotted her swimming near a beach about 8 miles from where she first went missing. It was just 10 minutes from the facility where she usually lives.

“When we first received the report, I couldn’t believe there was really a penguin,” Imai said. “It was a huge relief.”

Pen had no injuries and was in good physical shape.

She also passed “substantial droppings,” Imai said, which means she must’ve found something to snack on during her journey – likely fish or crab, her keeper guessed, though Pen had never eaten live fish before.

He added, “it’s nothing short of a miracle.”

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