Trump blocks defence company payouts over slow production
U.S. President Donald Trump said he will stop defence contractors from paying dividends or buying back shares until weapons production speeds up, crit...
U.S. President Donald Trump on Tuesday praised a large-scale military operation carried out in Venezuela, describing it as highly complex and signalling plans to accelerate U.S. weapons production in its aftermath.
Speaking to the House Republican Conference at the Kennedy Center in Washington, Trump said the operation involved extensive air and ground coordination, including 152 aircraft.
“It was so complex, 152 airplanes,” Trump said. “Many people talk about boots on the ground. We had a lot of boots on the ground.”
Trump claimed no American troops were killed during the operation, while acknowledging casualties on the opposing side. He said power supplies across most of Venezuela were cut at the outset of the mission.
“That’s when they knew there was a problem. There was no electricity,” he said, adding that only candlelight remained in some areas.
The U.S. president stressed what he described as the superiority of American military capabilities, arguing that no other country could have carried out a similar operation.
“Nobody has our weapons. Nobody has the quality of our weapons,” Trump said.
However, he argued that U.S. defence manufacturing has failed to keep pace with operational demands, vowing to push weapons producers to speed up output.
“We’re going to start producing them much faster,” Trump said. “We’re going to be very tough on the companies. We’re not letting that happen anymore.”
Trump also commented on the capture of Venezuelan President Nicolás Maduro, saying U.S. authorities had pursued him for years. He accused Maduro of widespread violence and human rights abuses, claims long denied by Caracas.
Washington confirmed that U.S. forces carried out Operation Absolute Resolve on Saturday, during which Maduro was detained and transferred to U.S. custody. The operation included air strikes on air defence and communications infrastructure in northern Venezuela, as well as a special operations raid in Caracas targeting Maduro and his wife, Cilia Flores.
The Trump administration has framed the operation as part of a renewed application of the Monroe Doctrine, citing efforts to combat alleged narcotics trafficking and corruption. U.S. officials have also openly linked the intervention to safeguarding American strategic and economic interests, including access to Venezuela’s oil reserves.
Germany’s foreign intelligence service secretly monitored the telephone communications of former U.S. President Barack Obama for several years, including calls made aboard Air Force One, according to an investigation by the German newspaper Die Zeit.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Iran’s chief justice has warned protesters there will be “no leniency for those who help the enemy against the Islamic Republic”, as rights groups reported a rising death toll during what observers describe as the country’s biggest wave of unrest in three years.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
Power has been fully restored to a neighbourhood in Berlin after an arson attack triggered a blackout that lasted more than four days — the second such incident in the city since September.
A U.S. immigration agent shot and killed a 37-year-old woman in her car in Minneapolis on Wednesday, local and federal officials said, amid an expanded immigration enforcement operation ordered by President Donald Trump.
U.S. President Donald Trump said he will stop defence contractors from paying dividends or buying back shares until weapons production speeds up, criticising the industry for delays and high costs.
U.S. Secretary of State Marco Rubio said he will meet Danish leaders next week, signalling that Washington is not retreating from President Donald Trump’s stated goal of acquiring Greenland, despite mounting concern among European allies.
Canada’s Prime Minister Mark Carney will travel to China later this month, marking the first visit by a Canadian leader since 2017.
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