US sanctions Colombia’s president over alleged drug trafficking

Financial TimesFriday, October 24, 2025 at 9:07:06 PM
US sanctions Colombia’s president over alleged drug trafficking
The U.S. has imposed sanctions on Colombia's president, Gustavo Petro, and his family, citing allegations of drug trafficking. This move marks a significant escalation in tensions between Petro's administration and the Trump administration, highlighting the ongoing challenges Colombia faces in combating drug-related issues. The sanctions could have far-reaching implications for Colombia's political landscape and its relationship with the U.S., making it a critical moment for both nations.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Your morning cup of coffee is more expensive. Trump tariffed the top provider and launched an anti-drugs campaign against the second
NegativeFinancial Markets
Coffee lovers are facing a bitter reality as the price of their morning brew rises. Recent tariffs imposed by Trump on coffee imports, particularly affecting Brazil and Colombia, have led to increased costs for consumers. This situation is significant because it highlights the dependency of the U.S. on foreign coffee sources, with 99% of coffee being imported. As prices climb, many may reconsider their daily coffee habits, impacting both local businesses and the broader economy.
Colombia stocks higher at close of trade; COLCAP up 1.08%
PositiveFinancial Markets
Colombia's stock market closed on a high note, with the COLCAP index rising by 1.08%. This positive trend reflects growing investor confidence and could signal a robust economic outlook for the country. As markets fluctuate globally, Colombia's performance stands out, potentially attracting more foreign investment and boosting local businesses.
Washington deploys aircraft carrier group to Caribbean
PositiveFinancial Markets
The United States has increased its military presence in the Caribbean by deploying an aircraft carrier group, following a series of strikes against alleged drug trafficking boats. This move is significant as it demonstrates the US commitment to combating drug trafficking in the region, which has been a growing concern. By enhancing its naval capabilities, the US aims to deter illegal activities and ensure safer waters for legitimate trade and travel.
Tragic Loss: TikTok Star Emman Atienza, 19, Found Dead in LA – Family Shares Gut-Wrenching Tribute
NegativeFinancial Markets
The sudden death of 19-year-old TikTok star Emman Atienza in Los Angeles has left fans and family heartbroken. His family shared a touching tribute, highlighting the impact he had on their lives and the joy he brought to his followers. This tragic loss not only affects those who knew him personally but also resonates with the wider community that admired his creativity and spirit. It serves as a reminder of the fragility of life and the importance of cherishing our loved ones.
Trump administration strikes drug vessel in Caribbean, killing six
NegativeFinancial Markets
The Trump administration's recent military action in the Caribbean, which resulted in the destruction of a drug vessel and the deaths of six individuals, raises significant concerns about the ongoing battle against drug trafficking in the region. This incident highlights the lengths to which authorities are willing to go to combat the drug trade, but it also sparks debates about the implications of such forceful measures and the potential for collateral damage.
Musk Attacks NASA Leader Over Threat to Reconsider Lunar Contract
NegativeFinancial Markets
Elon Musk has publicly criticized NASA leader Sean Duffy, highlighting tensions between the billionaire and members of the Trump administration. This conflict arises as Duffy threatens to reconsider a crucial lunar contract, which could impact future space exploration efforts. Musk's remarks not only reflect his frustration but also underscore the ongoing challenges in public-private partnerships in the space sector.
Intel shares jump on improved revenue as turnaround shows progress
PositiveFinancial Markets
Intel's shares have surged following a report of improved revenue, signaling a positive turnaround for the chipmaker. This growth is attributed to significant investments from major players like Nvidia and SoftBank, as well as support from the Trump administration. This turnaround is crucial not only for Intel's future but also for the broader tech industry, as it reflects a recovery in the semiconductor market.
US Weighs Quantum Computing Boost as Trump Admin Creates De Facto Sovereign Wealth Fund
PositiveFinancial Markets
The Trump administration is exploring financial support for quantum computing companies, aiming to bolster the U.S. position in the tech race against China. By potentially utilizing funds from the Chips Act, officials are prioritizing projects deemed vital for national security. This initiative highlights the administration's commitment to advancing technology and maintaining a competitive edge, which could lead to significant advancements in quantum computing and its applications.
Latest from Financial Markets
Trump reverses Biden-era rules on copper smelters
NegativeFinancial Markets
Former President Donald Trump has announced the reversal of regulations put in place during Joe Biden's administration that aimed to limit the environmental impact of copper smelters. This decision is significant as it raises concerns about air quality and environmental protection, potentially leading to increased pollution and health risks for communities near smelting operations. Critics argue that this move prioritizes industrial interests over public health and environmental sustainability.
History of Apple: Company timeline and facts
PositiveFinancial Markets
Apple's journey from a garage startup founded by Steve Jobs and Steve Wozniak in the 1970s to a tech giant valued at nearly $4 trillion is nothing short of remarkable. This transformation highlights the company's innovation and influence in the tech industry, making it one of the most iconic brands in the world. Understanding Apple's history not only showcases its achievements but also reflects the evolution of technology and consumer culture over the decades.
Amazon is selling a $600 elliptical for only $400
PositiveFinancial Markets
Amazon has slashed the price of a popular elliptical from $600 to just $400, making it an attractive option for fitness enthusiasts. Customers rave about its smooth operation and quiet performance, highlighting its value for home workouts. This discount not only makes quality fitness equipment more accessible but also encourages healthier lifestyles, which is especially important as many people look for ways to stay active at home.
India Claims Win Against Australia In 3rd ODI — Rivalry Saga Continues
PositiveFinancial Markets
India's cricket team has secured a crucial victory against Australia in the third ODI, preventing a series whitewash. This win was highlighted by a remarkable partnership between star players Virat Kohli and Rohit Sharma, showcasing their skill and teamwork. This match not only boosts India's morale but also adds another exciting chapter to the ongoing rivalry between these two cricketing giants.
Tropical Storm Melissa Hits Several Caribbean Countries
NegativeFinancial Markets
Tropical Storm Melissa is intensifying and poses a significant threat to Jamaica and other Caribbean nations, already resulting in the tragic loss of at least four lives. This storm is expected to bring catastrophic flooding and damaging winds, highlighting the urgent need for preparedness in the region. The situation is critical as communities brace for the impact, making it a vital news story that underscores the dangers of severe weather.
JPMorgan balks at $115 million legal tab for convicted fraudsters and says Charlie Javice’s lawyers are treating it ‘like a blank check’
NegativeFinancial Markets
JPMorgan is pushing back against a hefty $115 million legal bill for convicted fraudsters Charlie Javice and Amar, arguing that their lawyers are treating the situation like a blank check. This dispute arises from a court ruling that mandates JPMorgan to cover legal fees as part of its agreement during the acquisition of Frank in 2021. This matter is significant as it highlights the ongoing legal challenges and financial implications for JPMorgan, raising questions about accountability and the consequences of corporate acquisitions.