The Line of Fire

Are the United States and Venezuela on the brink of war? Since early September, the U.S. military has conducted a series of lethal strikes on small civilian boats in or near Venezuelan waters. Additional attacks have been carried out along the Pacific coasts of Colombia, Ecuador, and Peru. According to the U.S. government, the assaults are intended to dismantle “narco-terrorist” networks allegedly tied to Venezuelan senior officials—a charge Venezuelan Pres. Nicolás Maduro vehemently denies. The strikes, which have drawn sharp criticism from international organizations, appear to be part of a broader U.S. military buildup in the Caribbean.
A Timeline of the Strikes
Encyclopædia Britannica, Inc.

News and Notes

A high-profile lawsuit may shake up the business of auto racing; meanwhile, Michael and Susan Dell make a big splash on Giving Tuesday.

Is NASCAR a monopoly?

A high-stakes antitrust lawsuit involving NASCAR, brought by a group that includes two of the greatest athletes in their respective sports, began this week in dramatic fashion. The owners of 23XI Racing—NBA legend Michael Jordan (hence the 23) and current NASCAR star Denny Hamlin—and Front Row Motorsports allege that the racing association bullies teams such as 23XI to accept financing or rules they don’t agree with. The first witness called was Hamlin, a three-time Daytona 500 winner, who grew emotional when talking about how he got his start in racing, as Jordan looked on from the gallery.

The Daytona 500 at Daytona International Speedway in Daytona Beach, Florida, February 18, 2018. Only Alex Bowman (# 88) is mentioned in the caption for the picture. (auto racing) The Dells give back, to the future

In one of the largest charitable commitments in history, Michael and Susan Dell have pledged $6.25 billion to help fund a new type of investment account for children. Created as part of U.S. Pres. Donald Trump’s One Big Beautiful Bill Act, the accounts would be made available to any U.S. child younger than 18. For those born between January 1, 2025, and December 31, 2028, the accounts will be seeded with $1,000 from the U.S. Treasury. The Dells’ gift would give $250 for each child younger than 10 who meets certain eligibility requirements. The government aims to have the program up and running by July 4, 2026, America’s 250th birthday.

© Walter Arce/Dreamstime.com

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