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Global sustainability strategies are entering a more politically complex phase in 2026 as governments and companies balance immediate economic pressures against long-term climate risks, according to S&P Global’s latest outlook on sustainability trends.

S&P Global said sustainability decision-making in 2026 will be shaped by a growing tension between near-term priorities (energy security, affordability, geopolitical risk) and longer-term realities (climate adaptation, decarbonization, resource constraints).

The result is a world moving away from multilateral coordination toward a patchwork of national and regional responses.

Regulatory fatigue reshapes supply chains, critical minerals take center stage

Trade tensions, protectionist policies, and political fatigue around sustainability regulation are pushing climate and human rights risks in supply chains out of the spotlight.

S&P Global notes that as regulatory momentum slows in some jurisdictions, companies may increasingly need to treat climate exposure as a core risk management issue rather than a compliance exercise.

The European Union (EU) remains a key exception, though its policy direction is evolving. While the bloc has introduced far-reaching disclosure and due diligence rules, it is also simplifying parts of its regulatory framework.

Meanwhile, the EU’s carbon border adjustment mechanism (CBAM), which took full effect on January 1, is expected to add at least US$15 billion in costs to imports from carbon-intensive producers, potentially reshaping global trade flows.

Furthermore, the firm said critical minerals will sit at the center of these dynamics in 2026.

Materials such as copper, lithium, and rare earths underpin electrification, clean energy deployment, and AI infrastructure, making access to them a central feature of trade diplomacy and investment.

China is expected to retain its lead in cleantech manufacturing, reinforcing its role as both a key supplier and a strategic risk for countries pursuing energy transitions.

Energy policy diverges as fossil fuels rebound, renewables expand

Another aspect of fragmentation is most visible in energy policy, where global fossil fuel demand rebounded faster than many policymakers expected after the pandemic and is projected to continue growing modestly.

In contrast, renewable energy remains the fastest-growing segment, though from a smaller base. S&P Global Energy estimates that fossil fuel demand will rise by less than 1 percent in 2026 compared with 2025, while solar and wind generation are expected to grow by more than 17 percent.

Similarly, the divergence between the world’s two largest economies is particularly stark. The US has prioritized expanding fossil fuel exports, while China continues to invest heavily across clean energy supply chains such as solar manufacturing and electric vehicles.

The report said that this same divergence leaves many countries navigating trade-offs between supply security and dependence. China continues to maintain a dominant position in clean energy technologies and has demonstrated its willingness to use export controls on strategic materials such as rare earths.

Despite continued growth in renewables, S&P Global expects 2026 to mark the first year-over-year decline in global solar capacity additions, driven largely by a slowdown in China. While overall renewable capacity will still expand, analysts said the period of uninterrupted growth is ending.

At the same time, increasing renewable penetration is pushing wholesale power prices lower in some markets while accelerating demand for battery storage and more flexible power purchase agreements.

AI adds new strain to power systems

Artificial intelligence is adding further strain to energy systems. The rapid expansion of AI-driven data centers is driving electricity demand sharply higher, complicating sustainability targets for both governments and corporations.

S&P Global estimates that data center power consumption could exceed 2,200 terawatt-hours by 2030, roughly equivalent to India’s current electricity use. Grid constraints, rising power prices in some regions, and growing water stress are emerging as political and social flashpoints, particularly in parts of the US.

While major technology companies have made high-profile net-zero commitments, the report’s data shows that sustainability ambition across the data center sector remains uneven.

According to the firm’s 2024 Corporate Sustainability Assessment, 38 percent of assessed companies with data center operations do not have a net-zero target.

Analysts warned that rising AI-related energy demand may lead to increased fossil fuel use in the near term, with some regions delaying planned coal and gas plant retirements to maintain grid reliability.

Climate adaptation gains priority

The implications of rapid energy shifts also mean that climate adaptation and resilience are gaining prominence.

S&P Global said governments and investors increasingly recognize that the world is likely to overshoot the Paris Agreement’s 1.5-degree Celsius warming goal, making adaptation unavoidable.

Global economic losses from natural disasters reached US$320 billion in 2024, according to Munich Re, while United Nations (UN) data suggests the number of natural disasters could rise by 40 percent by 2030 without stronger mitigation.

Therefore, investment in adaptation is emerging as a major opportunity as well as a necessity. Singapore sovereign wealth fund GIC, for instance, estimates that adaptation and resilience investments could total US$9 trillion by 2050. That theme featured prominently at Climate Week NYC in 2025 and at COP30, where governments agreed to triple public adaptation finance by 2035 from 2025 levels.

Taken altogether, S&P Global’s outlook points to a sustainability landscape that is less coordinated but no less consequential.

While global consensus is weakening, pressures from various sectors are forcing governments and companies to make increasingly difficult trade-offs as they chart their paths through 2026.

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

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Combined Company, ‘Copper Intelligence’ to become the first stand-alone Democratic Republic of Congo (DRC) company to be publicly traded in the United States.

African Discovery Group (OTC:AFDG) (‘AFDG’ or the ‘Company’) announced today that shareholders have approved the Company’s pending merger with Butembo Copper Exploration license in the DRC to acquire 100% of the shares of SOCIETE GRABIN MINING SAS (the ‘Transaction’). Subject to the completion of the closing, the stock-based transaction will create a dedicated copper exploration company, with a focus on creating value around Africa and DRC specifically focused on under-explored basins of copper.

‘We are proud to have delivered this compelling opportunity for shareholders, and are confident in our ability as a combined company, to participate in a substantial buildout of copper on a global scale,’ said Alan Kessler, the outgoing Chairman and CEO of African Discovery Group. ‘According to Rio Tinto, African deposits make up eight out of the ten highest grade copper deposits discovered since 1990 globally. DRC’s copper production itself is among the largest in the world, with the DRC itself concentrating 65% of newly announced copper reserves identified worldwide, according to S&P Global Market Intelligence. Because of the resolution of numerous geopolitical differences precluding this development previously in the DRC, the Trump administration has paved the way for this commercialization process.’

He added, ‘We are confident the copper demand environment between grid modernization, data usage, electronic vehicles, and telecommunications, rural electrification of India, Artificial Intelligence infrastructure, next generation defense systems to name a few, will continue to put broad demand-based pressure on global supply.  A favorable environment for the commodity has additionally been augmented by the strategic mineral designation of Copper by the US government, as well as recent mega mergers of Copper producers.  Under the leadership of Andrew Groves and Aldo Cesano, who have spent their careers developing mining projects in the DRC and the region, we look forward to their buildout of this pioneering African company.’

The transaction is expected to close imminently, subject to the satisfaction or waiver of customary closing conditions. When completed, the Merger will result in the combined company becoming the first stand-alone DRC company to be publicly traded in the United States.

EAS Advisors LLC have acted as the corporate advisor for the Company on the Transaction.

Click here to continue reading.

Media Contact:
www.copperintelligence.com
Maxine Gordon
mg@africandiscoverygroup.com
(917) 478-0406

 

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SOURCE African Discovery Group

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(TheNewswire)

Angkor Resources Corp.

GRANDE PRAIRIE, ALBERTA TheNewswire – (January 15, 2026): Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces additional exploration to begin on its latest gold target, CZ Gold on the west side of the Canada Wall prospect on the Andong Meas exploration license in Ratanakiri Province, Cambodia.

The CZ Gold Prospect announced previously – (see Angkor Resources IDENTIFIES GOLD PROSPECT ON ANDONG MEAS LICENSE, CAMBODIA – Angkor Resources Corp.), sits atop a steep hill that has a 47-metre underground incline from the exit to the entrance, with multiple shallow channel samples from underground workings of artisanal miners. The creek directly below the area, described on the map below as ‘Gold Placer-Mined Creek Draining CZ Zone’, has been mined over the past rainy season and panned for 150 metres along both sides of the stream, creating a landscape of pits and piles in the creek bed draining away from CZ Gold.


Click Image To View Full Size

Figure 1 Angkor staff survey the creek bed area after artisanal miners through rainy season in the zone at the base of CZ Gold Prospect

Angkor’s mineral exploration team is initiating a large trenching, sampling, assay and analysis program running roughly perpendicular across the projected incline to surface, starting at the top of the exit area. The trench is expected to be 80 metres long and several weeks are budgeted in the timeline. Farmers are compensated for any loss or damage of cashew trees or other plantings and use of surface land.

The purpose of the trenching will be to determine the geology and structure of the stockwork and its wall rocks.

The google map below indicates the planned trenching target area shown in orange.


Click Image To View Full Size

In addition to the exploration planned for the CZ Zone, plans are also underway to conduct a drill program on the Wild Boar gold prospect, an area located 3 kilometers east of the CZ target. Trenching and sampling at the Wild Boar area has led to the discovery of narrow northwest trending southwest dipping quartz veins. In the area where artisanal miners have in the past mined the upper 1.5 meters of soil, trenching has revealed an abundance of quartz vein float sitting on top of the weathered soil. The assays from the abundant quartz vein float (see Assays Returns 25.6 gpt Gold in Wild Boar Veins – Angkor Resources Corp) have expanded the gold anomaly to 1.5 by 1.2 kilometres.

QUALIFIED PERSON:

Dennis Ouellette, B.Sc., P.Geo., is a member of The Association of Professional Engineers and Geoscientists of Alberta (APEGA #104257) and a Qualified Person as defined by National Instrument 43-101 (‘NI 43-101’). He is the Company’s VP Exploration on site and has reviewed and approved the technical disclosure in this document.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold. Both licenses are in their first two-year renewal term.

Its Cambodian energy subsidiary, EnerCam Resources Cambodia Co. Ltd., was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII. The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres. EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.

Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in oil and gas production in Saskatchewan, Canada with measures of gas capture to reduce emissions. ANGKOR’s carbon capture and gas conservation project is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.

CONTACT: Delayne Weeks – CEO

Email:- info@angkorresources.com Website: angkorresources.com

Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

Neither 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.

_____________________________________

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results of future exploration, and the availability of financing.

Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Highlights:  

  • New Zone at Tamarack 1.28 g/t Au over 49.3m400m to the east
  • Cleary Zone 0.91 g/t Au over 150.9m – zone broadening at depth

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

Freegold Ventures Limited (‘Freegold’) (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) is pleased to announce the successful identification of a new mineralized area at its Golden Summit project, the Tamarack Zone.

Freegold Logo (CNW Group/Freegold Ventures Limited)

The Tamarack Zone is situated approximately 400 metres east of the Cleary Zone, extending the mineralized footprint at Golden Summit. As part of Freegold’s ongoing efforts to identify additional mineralization adjacent to the primary resource area, four drill holes were completed in the Tamarack Zone. This initiative is designed to evaluate the project’s exploration potential further and delineate the extent of mineralization. The identification of the Tamarack Zone marks a significant advancement in expanding the eastern boundaries of Golden Summit’s mineralized area. This discovery highlights Freegold’s continued success in growing the mineralized footprint at Golden Summit. The new Tamarack Zone demonstrates both grade and width comparable to previous intercepts in the resource area, suggesting the potential for a significant new mineral resource area immediately to the east.

The first hole in the Tamarack Zone, GS2536, was collared nearly 400 metres east of one of the easternmost holes in the Cleary Zone (GS2532) and intersected 1.28 g/t gold over 49.2 metres. Freegold is highly encouraged by these initial results. Assays for the remaining three holes in this new zone are pending: GS2540, GS2545, and GS2551. Freegold has planned additional drilling for 2026, targeting the area between Cleary and Tamarack, which contains substantial infill potential in previously untested areas.

Hole

Depth (m)

Dip (°)

Azimuth
(°)

From (m)

To (m)

Interval
(m)

Au (g/t)

GS2536

483.3

-70

330

103.4

113.0

9.6

0.88

279.5

281.7

2.2

23.1

362.0

411.2

49.2

1.28

452.0

473.9

21.9

0.71

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

Cleary Zone – GS2532 ~ 400m west of GS2536

Hole

Depth (m)

Dip (°)

Azimuth (°)

From (m)

To (m)

Interval
(m)

Au (g/t)

GS2532

785.5

-75

360

389.2

395.3

6.1

24.9

529.4

680.3

150.9

0.91

width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

The easternmost drill hole in the Cleary Zone, GS2532, was directed north to assess the down-dip continuity of the Cleary Vein system along its eastern edge. Known for high-grade, narrow, and discontinuous veins at shallower depths, Freegold’s exploration is focusing on the potential for wider mineralized zones at depth. Drill hole GS2532 intersected a broad zone of 0.91 g/t gold over 150.9 meters, further validating the current exploration model and provided significant infill data for the upcoming resource update and pre-feasibility study (PFS).  (Section 479950E).

Drilling was completed in mid-December, with 62 holes drilled. Analytical work, cutting and sampling of the remaining drill holes, is ongoing, and further results will be reported once they have been received and validated.

Drilling is planned to re-commence in February, beginning with an initial 50,000-meter program. Comprehensive metallurgical studies and an extensive infill drilling campaign will continue to support ongoing resource modelling and the pre-feasibility study (‘PFS’). These efforts are underpinned by a highly successful equity financing round that attracted participation from over 20 institutions and secured capital for continued exploration beyond the main resource area and for completing the PFS.

About Golden Summit:
Since 2020, the Golden Summit Project has become one of North America’s largest undeveloped gold resources. The significant increase in resource ounces and grade is the result of targeted drilling campaigns from 2020 to 2024 (over 130,000 meters), ongoing improvements to geological models, and a better understanding of mineralization controls. Ongoing drilling has continued to delineate zones of higher-grade mineralization and to convert previously considered waste areas into potentially economically viable mineralized zones. Continued westward expansion has led to the discovery of new, higher-grade zones, increasing both indicated gold resources and grades. Positive metallurgical test results have also advanced the project, with recovery rates exceeding 90% achieved using sulphide-oxidizing techniques, including BIOX®, POX, and the Albion Process™.  Recent test work has also included the GlassLock Process™, which demonstrated that the gold grade of the concentrate can be increased with no measurable gold loss, and that a direct-to-smelter saleable concentrate can be produced while significantly lowering the arsenic content.  

As of July 2025, the current Golden Summit resource includes an Indicated Primary Mineral Resource of 17.2 million ounces at 1.24 g/t Au and an Inferred Primary Mineral Resource of 11.9 million ounces at 1.04 g/t Au, calculated using a 0.5 g/t cut-off grade and a gold price of $2,490.  Cutting, sampling, and analytical work remain ongoing. Drilling is expected to resume in February. Results from the drill programs are expected provide the basis for an updated mineral resource estimate, which will support the upcoming Pre-Feasibility Study (PFS).

Links to the Plan Map and Section 479950E
https://freegoldventures.com/site/assets/files/6287/section-479950e.pdf
https://freegoldventures.com/site/assets/files/6287/nr-2025-drilling-20260113.pdf

HQ Core is logged, photographed and cut in half using a diamond saw, and one-half is placed in sealed bags for preparation and subsequent geochemical analysis by MSA Laboratories in Fairbanks, Alaska or ALS’s facilities in Vancouver and Thunder Bay.  At MSALABS, the entire sample will be dried and crushed to 70% passing -2mm (CRU-CPA). A ~500g riffle split was analyzed for gold using CHRYSOS PhotonAssay™ (CPA-Au1). From this, 250g will be further riffle split from the original PhotonAssay™ sample, pulverized, and a 0.25g sub-sample analysed for multi-element geochemistry using MSA’s IMS230 package, which includes 4-acid digestion and ICP-MS finish. MSALABS operates under ISO/IEC 17025 and ISO 9001 certified quality systems.

Core samples were delivered to ALS’s facility in Vancouver, Canada, where each sample was crushed to 70% passing a 2 mm (Tyler 9 mesh, U.S. Std. No. 10) screen.  A representative ~500 g subsample was obtained by riffle splitting (SPL-32a) and analyzed for gold using ALS method Au-PA01, (Photon Assay) which provides a detection range of 0.03 to 350 ppm, in Thunder Bay. In addition, a subsample was analyzed for multi-element geochemistry using ALS method ME-ICP61 (34-element, four-acid ICP-AES).

A QA/QC program includes laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2024, filed under Freegold’s profile at www.sedar.com, for a detailed discussion of the risk factors associated with Freegold’s operations.

 

SOURCE Freegold Ventures Limited

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Tense scenes played out in the House of Representatives on Tuesday night as a group of moderate Republicans took a stand against a trio of GOP-led labor rule bills.

One of those bills failed to pass, while the other two were quickly scuttled to avoid the same fate — an embarrassing blow to House Republican leadership and the majority of GOP lawmakers who supported them.

It’s an example of a situation that has been growing increasingly common in Congress’ lower chamber as Republicans wrestle with a party-line majority of anywhere between three and one vote, depending on attendance that day.

‘We’ve got simple bills like this that should be a no-brainer, and we’ve got several moderate Rs that are going to kill the bill,’ Rep. Greg Steube, R-Fla., told Fox News Digital on the sidelines just before the first bill failed. ‘What I foresee, and you’re seeing it in appropriations bills, they don’t care about guys like me … they’re just working with the Democrats to pass them.’

Several Republicans who spoke with Fox News Digital this week said there’s growing concern about Democrats growing their number of legislative victories despite Republicans holding the gavel — or potentially using their numbers to take over the agenda.

As Rep. Tim Burchett, R-Tenn., put to reporters last week, ‘We are one flu season away from losing the majority.’

Steube said he did not believe Democrats could actually take the speaker’s gavel but conceded the situation was tenuous. He pointed to the recent sudden death of Rep. Doug LaMalfa, R-Calif., as an example.

‘You’re a heart attack and a car accident away from the majority. There’s people in our conference that are not young people. I mean, you saw what just happened with LaMalfa. In my opinion, he was young, 65. We have people who are much older in the conference,’ he said Tuesday night.

‘Now, Democrats couldn’t take over the gavel, but like, what you’re seeing here, you’ve got attendance issues, you’ve got seven Republicans voting with the Democrats. You lose more than two, you’re toast.’

Despite that, however, Speaker Mike Johnson, R-La., denied there was a fight for the agenda on Tuesday night.

‘We’re totally in control of the House,’ he told reporters. 

He added, however, that leaders were watching attendance closely.

‘They’d better be here,’ Johnson said of his members. ‘I told everybody, and not in jest, I said, no adventure sports, no risk-taking, take your vitamins. Stay healthy and be here.’

It comes after several recent incidents that have put their tenuous grasp on the House in perspective for Republicans.

Former Rep. Marjorie Taylor Greene, R-Ga., abruptly resigned earlier this year after publicly falling out with President Donald Trump. Rep. Jim Baird, R-Ind., returned on Tuesday badly bruised from a car accident that he spent the week prior recovering from.

And just this week, Rep. Greg Murphy, R-N.C., said he is home recovering from major brain surgery. Rep. Derrick Van Orden, R-Wis., is in his district caring for his ill wife.

Beyond conversations about their own mortality, it’s also spurred discussion among some Republicans about what unexpected life events could do to their majority.

‘The margins are really, really close. A few of us were in a car the other day, driving … if that became an accident, that would have tipped the scale. So I think it’s a concern to be vigilant, prudent, and just understand that the consequences of an accident may have, you know, consequences outside of the norm,’ Rep. Ryan Zinke, R-Mont., told Fox News Digital.

He also warned his fellow Republicans, as a former Navy SEAL, to be mindful of unsafe situations.

‘Say some evil mind wants to change the majority in the House — we don’t have the same protection that the president does. And that’s why I say just remain vigilant,’ Zinke said. ‘I have faith that we’ll continue, but I think it should be a concern, because it’s a big deal to change power outside of a normal election cycle.’

One House Republican speaking to Fox News Digital anonymously pointed out that there appeared to be more Democrats than Republicans voting on a slate of bills — albeit, relatively uncontroversial ones — on Monday night.

‘I’d guess they’re terrified,’ the lawmaker said of GOP leaders on Tuesday. ‘Sometimes life happens — look at Derrick Van Orden … car accidents, COVID, or flu. I mean, I don’t think we had the majority last night.’

‘They’re going to have to get smart about the calendar, probably break some arms,’ that GOP lawmaker said. ‘It’s kind of unprecedented. I don’t know how it would work. Say, unfortunately, someone else passed. You can’t fix that. You may have to wait a few months. You might have to strip committees. There’s a whole lot of uncharted waters to deal with.’

There are also more than a dozen GOP lawmakers running for higher office — something that could also spur absences, as South Carolina gubernatorial candidate Rep. Nancy Mace, R-S.C., pointed out.

She dismissed fears of Democrats taking over the agenda, however.

‘Certainly there’s concern with the slim majority. There are many of us that are running for higher office as well, and as the debate season gets underway, there’s going to be members that miss votes to make debates and to be campaigning,’ Mace said.

Rep. Andy Ogles, R-Tenn., told Fox News Digital he was not worried about Democrats taking over the floor but conceded there was tension over the slim margins for Republicans.

‘I know they’re carefully watching attendance,’ Ogles said. ‘I think the joke is that no two members should travel together at this point.’

But not all House Republicans are agonizing over how the politics of the situation are playing out.

One moderate GOP lawmaker who spoke with Fox News Digital anonymously said the thin majority could save Republicans in the middle from taking politically perilous votes.

‘It gives folks in the center a little more juice on preventing bills from coming to the floor,’ they said.

An example they used is Thursday morning’s expected vote on a bill dealing with the joint-employer labor rule, telling Fox News Digital, ‘There’s an active effort among pro-labor Republicans to block that from coming to the floor, and we can only really get that done in our majority.’


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A Senate Republican wants to codify President Donald Trump’s desire to cap credit card interest rates, but it’s an idea that’s already been met with resistance among top Republicans.

Sen. Roger Marshall, R-Kan., plans to introduce legislation that would make good on Trump’s push to cap credit card interest rates at 10% for one year. However, Republican leadership in both chambers has already pushed back against the idea, arguing that it could lead to credit scarcity.

Marshall’s bill, the Consumer Affordability Protection Act, would limit the amount that credit card companies could charge for one year, capping the ceiling at Trump’s desired rate of 10%.

That cap would only apply to banks and financial institutions with over $100 billion in assets, with the idea being that smaller community banks and most credit unions would not be affected.

Marshall said in a statement to Fox News Digital that the legislation was about ‘giving families breathing room, restoring fairness in the marketplace, and making sure the American Dream is still within reach for everyone who works hard and plays by the rules.’

‘Credit cards were meant to be a tool — not a trap,’ Marshall said. ‘Right now, millions of hard-working Americans are getting crushed by outrageous interest rates that make it nearly impossible to pay down debt and get ahead.’

The bill follows Trump’s demand that Americans no longer be ‘‘ripped off’ by credit card companies that are charging interest rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration.’

He set a target date for the cap of Jan. 20, the one-year anniversary of his inauguration to his second term in office.

‘AFFORDABILITY! Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%,’ Trump said on Truth Social.

Marshall’s push isn’t his first foray into the world of credit — he and Senate Minority Whip Dick Durbin, D-Ill., have a long-simmering bill that would boost competition among credit card payment networks. Trump endorsed that legislation earlier this week, and the bipartisan duo reintroduced it in the Senate shortly after.

Durbin and Sen. Peter Welch, D-Vt., are co-sponsors of Marshall’s latest bill. Trump and Marshall also have an unlikely ally in Sen. Elizabeth Warren, D-Mass. The progressive lawmaker spoke with the president earlier this week about affordability, and both found middle ground on their desire to cap credit card interest rates. But she was wary that any real action, either from the White House or the GOP-controlled Congress, would come to fruition. 

‘I supported it for years,’ Warren said. ‘And when he first floated the idea over a year ago, I said, ‘I’m all in,’ and so far, Trump hasn’t done anything.’

But despite Trump’s edict and the patchwork of bipartisan support, the top Republicans in Congress aren’t completely sold on the idea.

Senate Majority Leader John Thune, R-S.D., warned that capping credit card interest rates could ‘probably deprive an awful lot of people of access to credit around the country.’

‘Credit cards will probably become debit cards,’ Thune said. ‘So, yeah, I mean, that’s not something I’m out there advocating for.’

And House Speaker Mike Johnson, R-La., warned of ‘unintended consequences’ of such a change.

‘One of the things that the president probably had not thought through is the negative secondary effect: they would just stop lending money, and maybe they cap what people are able to borrow at a very low amount,’ Johnson said.


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Israel will reportedly honor slain conservative activist Charlie Kirk with an award for his efforts battling antisemitism.

Israeli Prime Minister Benjamin Netanyahu’s office indicated that this recognition will take place at the International Conference on Combating Antisemitism, The Associated Press reported.

Kirk, who founded the conservative organization Turning Point USA, was assassinated while holding an event at Utah Valley University in September.

‘A lion-hearted friend of Israel, he fought the lies and stood tall for Judeo-Christian civilization,’ Netanyahu said in a post on X on the day Kirk was fatally shot.

In the post, the Israeli leader called Kirk ‘an incredible human being’ whose ‘boundless pride in America and his valiant belief in free speech will leave a lasting impact.’

Kirk asserted in a post on X less than a month before he was killed, ‘Jew hate has no place in civil society. It rots the brain, reject it.’ 

Kirk, who was a supporter of Israel, indicated last year on ‘The Megyn Kelly Show’ that some in the pro-Israel camp had unfairly criticized him.

‘The behavior by a lot, both privately and publicly, are pushing people like you and me away. Not like we’re gonna be pro-Hamas,’ he said. ‘But we’re like, honestly, the way you are treating me is so repulsive.’

Tyler Robinson

‘I have text messages, Megyn, calling me an antisemite. I am learning biblical Hebrew and writing a book on the Shabbat. I honor the Shabbat, literally the Jewish sabbath. I visit Israel and fight for it,’ he noted at the time.

The Associated Press contributed to this report.


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President Donald Trump is slated to meet with Venezuela’s opposition leader and 2025 Nobel Peace Prize recipient María Corina Machado at the White House Thursday. 

Trump announced Jan. 3 that the U.S. had captured dictator Nicolás Maduro and that the U.S. would be running Venezuela until a safe transition could occur. But instead of endorsing Machado, Trump cast doubt on her abilities to lead the country. 

‘I think it would be very tough for her to be the leader,’ Trump told reporters on Jan. 3. ‘She doesn’t have the support within or the respect within the country. She’s a very nice woman, but she doesn’t have the respect.’ 

Secretary of State Marco Rubio said that the administration chose not to support Machado because the U.S. didn’t want to make similar mistakes to the ones it’s previously made in the Middle East in Latin America, although he said he had ‘tremendous admiration’ for Machado.

‘But there’s the mission that we are on right now. … A lot of people analyze everything that happens in foreign policy through the lens of Iraq, Libya, or Afghanistan,’ Rubio said Jan. 4 in an interview with CBS. ‘This is not the Middle East. This is the Western Hemisphere, and our mission here is very different.’

A classified CIA assessment, which senior policymakers requested and presented to Trump, evaluated who would be the best fit to oversee an interim government in Venezuela following the overthrow of Maduro, a source familiar with the intelligence told Fox News Digital. Ultimately, it determined that Marduro’s vice president, Maduro’s vice president, Delcy Rodríguez, would be best situated to lead the country. 

Although the Washington Post reported that Trump was annoyed Machado won the Nobel Peace Prize in 2025 — an award he had hoped to receive and that Machado dedicated to him — the White House claimed that Trump’s choices were based on ‘realistic decisions.’ 

As a result, Trump has put his support behind Rodríguez who is now serving as interim president. On Wednesday, Trump shared he had a call with Rodríguez, and later described her as a ‘terrific’ person.’  

‘We are making tremendous progress, as we help Venezuela stabilize and recover,’ Trump said in a social media post Wednesday.

‘This partnership between the United States of America and Venezuela will be a spectacular one FOR ALL,’ Trump said. ‘Venezuela will soon be great and prosperous again, perhaps more so than ever before!’

Specifically, Trump said that he and Rodríguez discussed oil, minerals and national security matters. On Jan. 7, Trump announced that Venezuela would provide the U.S. with 50 million barrels of oil that would be sold ‘immediately.’

Rodríguez voiced similar sentiments following the call, and said that the two’s ‘courteous’ call ‘addressed a bilateral work agenda for the benefit of our peoples, as well as pending matters between our governments.’ 

Meanwhile, Machado has praised Trump for his role overthrowing Maduro, and told CBS News that the president and the U.S. have ‘done much more than anybody thought was possible.’

The White House did not immediately respond to a request for comment from Fox News Digital on what Trump and Machado planned to discuss. 

Fox News’ Morgan Phillips contributed to this report. 


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As global regulatory scrutiny intensifies and blockchain surveillance expands, privacy coins are gaining traction for their ability to enhance user anonymity and transaction confidentiality.

While traditional cryptocurrencies like Bitcoin operate on transparent, public ledgers where users’ transaction history is traceable, privacy coins, a specialized segment of the crypto market, use advanced cryptographic techniques to obscure key details such as sender and recipient addresses, transaction amounts and wallet balances.

In the first weeks of 2026, this sector has made a mainstream shift, with the total market capitalization for privacy-focused assets surpassing US$24 billion, according to a widely circulated report by crypto researcher Stacy Muur.

This rapid appreciation highlights a growing tension between the fundamental right to financial privacy and the burgeoning regulatory mandates represented by the US Senate’s upcoming market structure markups.

What are the core technologies of anonymity?

Privacy coins employ various cryptographic obfuscation layers to achieve their goals:

  • Ring signatures mix a user’s transaction with multiple decoys, making it statistically difficult to determine which participant actually initiated the transfer.
  • Stealth addresses are randomized, one-time destination addresses generated for every transaction, preventing public wallet addresses from appearing on the blockchain and linking back to the recipient.
  • Zero-knowledge proofs allow one party to prove a statement is true without revealing any information beyond the validity of the statement itself, effectively proving a transaction is valid without showing who sent it or how much was transferred.
  • Ring Confidential Transactions (RingCTs) obscure the transaction amount by using a mathematical scheme called Pedersen Commitments to prove that the sum of the inputs in a transaction equals the sum of the outputs without revealing the specific numerical values of the transaction.
  • Dandelion++ (network-level obfuscation) protects metadata, preventing an observer from linking a transaction to a specific IP address. It uses a two phase broadcast method, passing transactions privately between a small number of nodes before broadcasting them to the wider network.

Key privacy coin players: Monero and Zcash

The privacy coin market is largely bifurcated into mandatory and optional privacy models.

Monero (XMR), launched in April 2014, is widely considered the gold standard for privacy because it enforces anonymity by default. Every transaction automatically obscures the sender, recipient and amount using ring signatures, stealth addresses and RingCTs. This uniform approach minimizes metadata leakage, but has made Monero a target for regulators, leading to its delisting from many major Western-regulated exchanges.

Monero reached a new all-time high in early 2026, surging 81 percent in the past week to trade at US$790.91. Its market capitalization currently stands at over US$14 billion.

Zcash (ZEC) offers a more flexible, opt-in privacy model, allowing users to choose between transparent transactions that are publicly viewable and shielded transactions, which are completely private.

Going live in October 2016, Zcash is built on the Bitcoin algorithm, but utilizes zk-SNARKs for its shielded pools, creating a type of zero-knowledge proof that functions as a cryptographic shield, allowing one party to prove they possess certain information without actually revealing that information.

This flexibility has made it more institutionally palatable as regulatory heat intensifies on Monero, since it allows for selective disclosure to auditors while still offering high-level privacy for those who need it. In a January 14 notice, the Zcash Foundation said the US Securities and Exchange Commission had concluded a review that began in 2023 over a “matter of certain crypto asset offerings” and would not recommend enforcement actions or changes.

Zcash experienced a supply shock following the removal of the Founder’s Tax in late 2025. The tax was a funding mechanism built into the Zcash protocol at its launch that sent 20 percent of all newly mined Zcash to the project’s founders, investors and the Electric Coin Company instead of the miners.

Zcash hit a multi-year high in the US$600+ range in November 2025, a gain of over 1,000 percent from its cycle lows; however, since that peak, Zcash has cooled off, consolidating in a range between US$400 and US$450.

Crypto regulatory and tax realities in 2026

As of early 2026, the US Internal Revenue Service (IRS) had modernized its oversight of the crypto sector through Form 1099-DA, which requires custodial brokers to report digital asset proceeds.

While these rules apply broadly to property like cryptocurrencies, privacy coins present a unique challenge for compliance. The IRS continues to treat all cryptocurrencies as property, meaning that even if a transaction is obscured, the underlying capital gain or ordinary income remains taxable. While the IRS focuses on tax transparency, a new legislative push is seeking to grant the government proactive control over the network itself.

Senator Tim Scott (R-SC), chair of the Senate Banking Committee, announced a markup of the Responsible Financial Innovation Act, the Senate version of crypto market structure legislation, on Monday (January 12).

Formally called the Digital Asset Market CLARITY Act, the bill was developed from the Responsible Financial Innovation Act, and is scheduled for a markup on January 15.

Meanwhile, Senator John Boozman (R-AR) is planning a similar markup in the Senate Agriculture Committee. While often a routine step, this session is a high-stakes attempt to resolve jurisdictional disputes between the SEC and CFTC and secure a bipartisan consensus between the two parties.

On January 12, Boozman officially postponed his committee’s markup to January 27 in order to finalize bipartisan negotiations with Senator Cory Booker (D-NJ). Text is due to be released on January 21.

Boozman said the compressed schedule is designed to balance transparency with momentum as Congress looks to reduce regulatory uncertainty that has long plagued the sector.

In a recent report, Alex Thorn, head of firm-wide research at crypto and digital assets firm Galaxy Digital (NASDAQ:GLXY), warns that the draft of Scott’s bill contains language that would expand US financial surveillance powers by granting the US Department of the Treasury an expansion of “special measure” authority over digital assets and a statutory framework, allowing transaction holds without a court order.

If the measures were to become law, it would “represent the single largest expansion to financial surveillance authorities since the 2021 PATRIOT Act,” he argued. This could boost the appeal of privacy-preserving tokens.

Investor takeaway

Ultimately, the future of privacy coins will be determined by the ongoing legislative battle between fundamental financial anonymity and the accelerating global mandate for digital asset transparency and surveillance.

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

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Aterian Plc (AIM: ATN), the Africa-focused critical metals exploration company, is pleased to announce encouraging results from an independent geophysical study completed over Prospecting Licence PL265/2025 (‘Licence’) in the Kalahari Copperbelt (‘KCB’), in the Republic of Botswana (‘Botswana’). The Licence is wholly owned by Atlantis Metals (Pty) Ltd, in which Aterian has a 90% interest. The award of the Licence was previously announced on 15 December 2025.

The study confirms that PL265/2025 is located within a proven, world-class copper-silver district, directly along strike from operating and advanced deposits in the Kalahari Copperbelt, including Sandfire Resources’ Motheo Mine. Importantly, the work has identified multiple priority targets that materially enhance the potential scale, quality, and future value of the Licence.

With copper prices strengthening on the back of accelerating electrification, energy-transition demand, and constrained new supply, the Board believes the KCB represents one of the most attractive global jurisdictions for long-term copper exposure and value creation.

Highlights

  • Three priority target areas on the Licence have been designated as critical for follow-up exploration and drill targeting.
  • Interpretation of airborne magnetic data identifies multiple sub-parallel ENE-WSW trending thrust structures and associated folding, considered favourable for copper mineralisation targeting.
  • Structural interpretation indicates truncation of Lower D’Kar Formation sediments against basement units, a recognised geological setting for copper deposits in the region.
  • Historical copper-in-soil anomalies exceeding 18 ppm Cu coincide with key thrust structures.
  • Legacy airborne EM data highlights near-surface conductive horizons, interpreted as carbonaceous units of the Lower D’Kar Formation.
  • Licence located approximately 60 km south of the Motheo copper mine, along strike of the Kalahari Copperbelt.

Interpretation

Figure 1. Regional airborne magnetics First Vertical Derivative of TMI. Hot colours (yellow to red) designate magnetic highs and cool colours (below green) designate magnetic lows. Interpreted target areas in white circles.

Target Area A.

There is a tight folding structure in the inferred D’Kar formation, truncating against the southernmost thrust. The area around the intersection of the tight fold and the thrust could be prospective for chalcocite-dominated copper sulphides.

Target Areas B and C.

The copper-in-soil geochemical anomalies cluster along the northernmost thrust.

Charles Bray, Chief Executive Officer of Aterian plc, commented:

‘We are very encouraged by the results of the independent geophysical study over Prospecting Licence PL265/2025 in the Kalahari Copperbelt. The study confirms that the licence lies within a proven copper-silver district, approximately 60 kilometres south of Sandfire Resources’ Motheo mine, and identifies a compelling coincidence of favourable structures, copper-in-soil anomalies and conductive stratigraphic units that are known to host copper mineralisation elsewhere in the belt.

The delineation of three priority target areas provides a clear and focused pathway for follow-up exploration and materially reduces early-stage technical risk. The Board believes these results significantly strengthen the investment case for the project and justify advancing to the next phase of systematic exploration. PL265/2025 represents a high-quality opportunity in a stable, mining-friendly jurisdiction and aligns well with the Company’s strategy of building meaningful exposure to prospective copper assets, especially given the backdrop of rising critical metal prices.’

Planned Exploration

Based on the study’s recommendations, the Company is planning a first-phase exploration programme comprising detailed ground or drone-based magnetic surveys across the three target areas, followed by targeted electromagnetic surveys to delineate conductive horizons and refine future drill targets.

Further updates will be provided as exploration planning progresses.

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

Engage directly with the Aterian PLC management team by asking questions, watching video summaries, and seeing what other shareholders have to say. Please navigate to our interactive investor hub here: https://aterianplc.com/s/fcf8eb

For further information, please contact:

Investor questions on this announcement

We encourage all investors to share questions

on this announcement via our investor hub

https://aterianplc.com/s/fcf8eb

Aterian Plc:

Charles Bray, Executive Chairman – charles.bray@aterianplc.com
Simon Rollason, Director – simon.rollason@aterianplc.com

Financial Adviser and Joint Broker:
AlbR Capital Limited
David Coffman / Dan Harris
Colin Rowbury
Tel: +44 (0)207 7469 0930

Joint Broker:
SP Angel Corporate Finance LLP
Ewan Leggat / Adam Cowl
Tel: +44 20 3470 0470

Financial PR:

Bald Voodoo – ben@baldvoodoo.com
Ben Kilbey
Tel: +44 (0)7811 209 344

Subscribe to our news alert service: https://atn-l.investorhub.com/auth/signup

Notes to Editors:

About Aterian plc

www.aterianplc.com

Aterian plc is an LSE-listed exploration and development company with a diversified African portfolio of critical metals projects.

Aterian plc is actively seeking to acquire and develop new critical metal resources to strengthen its existing asset base while supporting ethical and sustainable supply chains as the world transitions to a sustainable, renewable future. The supply of these metals is vital for developing the renewable energy, automotive, and electronic manufacturing sectors, which are increasingly important in reducing carbon emissions and meeting global climate ambitions.

Aterian has a portfolio of multiple copper-silver (+ gold) and base metal projects in Morocco. Aterian holds a 90% interest in Atlantis Metals, a private Botswana-registered company holding eleven mineral prospecting licences for copper-silver in the world-renowned Kalahari Copperbelt and three for lithium brine exploration in the Makgadikgadi Pans region. The Company also holds an exploration licence in southern Rwanda, where it is evaluating the tantalum and niobium opportunity, in addition to further exploring for pegmatite-hosted lithium.

The Company’s strategy is to seek new exploration and production opportunities across the African continent and to develop new sources of critical mineral assets for exploration, development, and trading.

Source

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