International
EU countries agree to use profits from frozen Russian assets in defense of Ukraine
The ambassadors of the member states to the European Union (EU) reached an agreement on Wednesday in principle to use the benefits of frozen Russian assets to support “the recovery and military defense” of Ukraine in the face of Russia’s aggression.
“The EU ambassadors agreed in principle on measures on the extraordinary benefits of Russia’s fixed assets,” the Belgian presidency of the Council of the EU wrote in its profile of social network X.
He added that the money “will serve to support the recovery of Ukraine and military defense in the context of Russian aggression.”
The European Commission proposed last March to use the extraordinary benefits of Russian assets frozen by the sanctions in relation to the war in Ukraine, which amount to between 2.5 and 3 billion euros per year, to finance weapons and ammunition for that country mainly.
The first transfer of profits to help Ukraine defend itself against Russia is expected to take place in July.
Community sources detailed that 90% of the profits of fixed assets will go to the European Peace Support Fund (FEAP) for military support. The FEAP is an instrument through which EU countries co-finance the shipment of weapons to Ukraine since the beginning of the Russian invasion in February 2022.
The other 10% will go to the macro-financial aid package to Ukraine from the general budget of the European Union. This year, the community club agreed on an aid of 50 billion euros to Ukraine that is part of the revised community budget, covers the next four years until 2027 and is disbursed in the form of loans (33 billion euros) and grants (17 billion).
Most of the frozen Russian assets are deposited in Euroclear, a Brussels-based body that owns about 192 billion euros.
Belgium keeps a part of the profits of those securities in terms of corporate taxes, a fact that has been criticized by other Member States.
That country argues that it is a “general tax, not something that has been invented for Ukraine” and that part of what is collected serves precisely to help Kiev with its weapons needs and to support refugees.
The sources specified that the tax revenues generated in Belgium by those profits will continue to be allocated to Ukraine in its entirety.
The corporate tax is 25% in Belgium and applies to all companies, according to the sources, who insisted that it is impossible to eliminate it.
However, they recalled that in 2022 Belgium decided to allocate all those extraordinary corporate tax revenues to support Ukraine and that in 2023 they created a specific fund for it.
For the fiscal year of 2024, an amount of 1.7 billion euros of national corporate taxes is expected from immobilized Russian assets, of which about 1 billion have already been allocated to Ukraine.
The new legislation will apply to the remaining extraordinary benefits after this mandatory taxation, according to the sources.
The ambassadors of the Member States decided that the rate that Euroclear will charge for handling the assets will be 0.3%.
Some States such as Austria, Ireland, Malta and Cyprus are reluctant to buy weapons for Ukraine because of their policy of neutrality and Hungary has repeatedly said that it does not support the idea.
International
Five Bodies Found in Ecuador as Police Probe Suspected Gang Turf War
Ecuadorian authorities are investigating the deaths of five people whose bodies were found inside a rural home, in what police believe may be linked to a territorial dispute between organized criminal groups.
The victims, aged between 21 and 30, were discovered Tuesday in the town of La Troncal, in the Andean province of Cañar. Police reported that two of the bodies were bound with wire, while a burned-out vehicle was found outside the residence.
Investigators said graffiti on the walls of the house included messages such as “Lobos territory” and “Lobos active,” suggesting a possible connection to the criminal organization known as Los Lobos.
Police believe the killings were likely the result of a conflict over territorial control between rival gangs.
The discovery came on the same day authorities arrested a former mayor in the neighboring province of Azuay. Officials identified him as the alleged main financial backer of Los Lobos, one of Ecuador’s most powerful criminal organizations.
Ecuador has experienced an unprecedented surge in violence in recent years, driven by criminal groups involved in drug trafficking, illegal mining, kidnapping, and extortion.
According to Insight Crime, the country recorded 51 homicides per 100,000 inhabitants in 2025—equivalent to roughly one killing every hour—making it one of the most violent countries in Latin America.
International
Georgia Teen Sentenced to Life Without Parole for Deadly School Shooting
A Georgia teenager who killed four people in a 2024 school shooting was sentenced Tuesday to life in prison without the possibility of parole after pleading guilty to the attack.
Colt Gray, now 16, admitted to opening fire at Apalachee High School in Winder, about 70 kilometers (45 miles) northeast of Atlanta. He was 14 years old at the time of the shooting.
The attack claimed the lives of two students and two teachers, while nine other people were injured. Despite being a minor when the shooting occurred, Gray was prosecuted as an adult.
During the sentencing hearing, Judge Nicholas Trimm acknowledged the failures of the teenager’s family but said they did not excuse his actions.
“Your parents failed you. Your family failed you. But that does not absolve you,” the judge said.
Trimm also rejected any suggestion that the shooting was motivated by bullying or personal grievances.
“You were not bullied at Apalachee. This was not driven by hate. You didn’t know anyone at that school. It was simply the desire to commit a notorious act,” he told Gray.
The case also led to the prosecution of the shooter’s father, Colin Gray, who was convicted in March of voluntary manslaughter and involuntary manslaughter. The case marked one of the first instances in which a parent was held criminally responsible for a mass shooting carried out by their child.
Prosecutors said Colin Gray had given his son an AR-15-style rifle as a Christmas gift in 2023, despite being aware that the teenager had previously threatened to carry out a school shooting.
Authorities said the same rifle was used in the attack less than a year later. Months before the shooting, FBI investigators had alerted local law enforcement after receiving reports of online messages linked to the Gray family’s internet address that referenced plans for a school massacre.
The case reflects growing legal scrutiny in the United States over the responsibility of parents whose children commit acts of gun violence.
In a similar case, the parents of a Michigan teenager who killed four people at his high school in 2021 were convicted of involuntary manslaughter in 2024 and sentenced to prison terms ranging from 10 to 15 years.
According to U.S. health authorities, firearms have been the leading cause of death among children and teenagers in the United States for several years.
International
Portuguese Authorities Seize 2.6 Tons of Cocaine Worth More Than $550 Million in Drug Bust
Italian financial police reported Monday that Portuguese authorities intercepted a speedboat carrying more than 2.6 tons of cocaine, with an estimated street value exceeding $550 million.
Four people — two Spanish nationals, one Albanian citizen, and a man from Gibraltar — were arrested in connection with the operation, according to Italian authorities.
The vessel was intercepted off the coast of Lisbon by Portugal’s maritime police following an investigation led by Italian authorities.
Italian financial police estimated that the seized shipment had a street value of approximately 500 million euros ($570 million), making it one of the largest drug seizures reported in the region in recent years.
Portuguese authorities said the interception took place on Thursday, about 90 kilometers (50 nautical miles) southwest of Cape Espichel, during an operation targeting international drug trafficking routes.
Prosecutors Accuse Ex-Defense Minister of Undermining Press Freedom in Honduras
Five Bodies Found in Ecuador as Police Probe Suspected Gang Turf War
Georgia Teen Sentenced to Life Without Parole for Deadly School Shooting
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
-
International2 days agoU.S. and Iran Maintain Ceasefire as Trump Expresses Optimism Over New Talks
-
International2 days agoPolice Investigate After Remains of Five Newborns Found in French Apartment
-
International2 days agoPortuguese Authorities Seize 2.6 Tons of Cocaine Worth More Than $550 Million in Drug Bust
-
International14 hours agoFive Bodies Found in Ecuador as Police Probe Suspected Gang Turf War
-
Central America3 days agoEU Urges Nicaragua to Hold Free and Transparent Elections Amid Proposed Electoral Reforms
-
International3 days agoCosta Rica Seeks to Expand Extradition Law to Target Organized Crime
-
International3 days agoChina Accuses U.S. AI Firms of Using Chinese Models to Train Artificial Intelligence
-
Central America14 hours agoProsecutors Accuse Ex-Defense Minister of Undermining Press Freedom in Honduras
-
International3 days agoThree Killed, Four Injured in Shooting Near Seattle’s Space Needle
-
International14 hours agoGeorgia Teen Sentenced to Life Without Parole for Deadly School Shooting