Podcasts about Panama

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Keith explores how investors can build legacy wealth by owning productive teak timber and the land beneath it in Panama.  Mike Cobb, an international real estate developer with over 30 years of experience, explains why Panama's legal framework, economic stability, and U.S. dollar economy make it a compelling destination for first-time offshore investors.  They discuss the long-term return profile of teak, its resilience as a hard asset, and common mistakes to avoid when investing internationally, along with how a sawmill and vertical integration can enhance returns.  This discussion highlights how the strategy can diversify both geography and asset type while also opening doors to potential residency options abroad. Episode Page: GetRichEducation.com/615 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Unlock truly passive real estate income—visit flockhomes.com/GRE today to see if your properties qualify for a 721 exchange with Flock Homes. To get in the best physical, mental, and professional shape of your life, go to DanielThomasHind.com and apply for Daniel's intensive 1-on-1 coaching for burnt-out entrepreneurs and executives. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host Keith Weinhold, talking about a legacy investment. You can profit from this real asset long term, and so can your heirs. It's real estate, but not housing. It's a diverse and more primitive use type. Today on Get Rich Education, you know. Mid South Homebuyers, that top Memphis turnkey provider. I learned that a secret weapon behind their explosive growth is more than just you buying their properties. It's an executive coach. For nine years now, their CEO Terry Kerr and his COO Pat Mix have worked privately with a coach who I've now learned from too, and he doesn't market himself online anywhere. After 12 years behind the scenes, that coach is now making himself available exclusively for GRE listeners. His name is Daniel Thomas Hind. If you're a hard-charging business owner or investor who wants to get in the best shape of your life, physically, mentally, and professionally, you can fill out an application for a free consult. This is private one-on-one coaching for those willing to go to uncommon lengths to achieve uncommon results. Thanks to Daniel, we've all become better leaders, better operators, and better men. It started by showing up for ourselves. Now it's your turn. Go to DanielThomashind.com. H-I-N-D. That's DanielThomashind.com, and sign up before spots fill.   Keith Weinhold  1:35   What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge while it's on your mind. Start at ridgelendinggroup.com. That's ridgelendinggroup.com.   Speaker 1  2:08   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  2:24   Welcome to GRE from Cherokee, North Carolina, to Cherokee, Panama, and across 188 nations worldwide. I'm your host Keith Weinhold. Welcome back to another Wealth Building Week. You are inside Get Rich Education, where financially free beats debt free. Today we're talking about a specific investment that is not residential real estate. In fact, it's a more primordial real estate type that predates housing. So therefore, it is lucid and intelligible. It's easy to understand. Sort of the opposite of more arcane investment like AI data centers or crypto mining. At a basic level, this makes it easy to understand, and there aren't any tenants to manage. It also does not pay you as often as monthly, though as you'll learn, there is income and appreciation is expected too. Now, if you invest outside your home country, you're probably going to want to be diligent and select a politically stable nation that also has an operator based in that region with a fantastic track record. It helps if they're close to the U.S. This small nation is close to the U.S. in both geographic proximity and economically. Their currency is even the U.S. dollar. They even share an electrical system with the U.S. with the same outlets and voltages. As you might be guessing, where I'm talking about, this nation also has a consumer culture somewhat similar to the U.S. with American restaurants and retailers and brands in our real estate world. What we find more important is how, like the U.S. this nation is a constitutional presidential republic, and both nations have these separate executive, legislative, and judicial branches, the three branches and elected presidents, in these competitive multi-party elections, and both America and this place have market-oriented economies that emphasize private property and private enterprise, banking and financial services, international commerce, logistics, ports, and aviation.   Keith Weinhold  4:49   Today, we're talking about the opportunity for you to own productive timber and the land beneath it, teak hardwood trees in Panama, a quarter-acre parcel. At a time with your name on the deed, that direct ownership is known as fee simple ownership. I have directly invested in Panama for about 11 years myself. Now, though teak might be able to survive in a climate like Hawaii, mere survival is not enough in the U.S. It is difficult to impossible to find anywhere that grows productive plantation teak. Here in the late 2020s decade, we've had bouts of El Nino or La Nina a lot of places in the world, and that has severely weakened some crop types. Other providers of different agricultural investments are failing, but not this teak. They're resilient, and we'll get into the physical properties of the teak. I'm going to ask today's distinguished guest about that. He and his business partners planted some select timber 27 years ago, and they've been offering teak hardware parcels to investors for that long, 27 years, and for about the last 10 years to GRE investors. Hundreds of you are participating now, but I'm going to wait to ask more about the physical teak product itself until later, because what's more important are the investment environment and the strength of the operator. So learn more about this and what the projected investment returns are, and just how much exactly does a quarter-acre parcel of teak cost? If you so choose, owning teak parcels also gives you the option of residency status in Panama, and you only need to spend two days there every two years in part of maintaining that status, they offer investor in-person tours of the teak plantations too because they're proud of what they do there. I expect a fascinating discussion with Mike, the teak company co-founder and CEO. This week's guest has become a friend since I met him about 10 years ago. He co-founded and is CEO of an international real estate development company. He's got active projects throughout Central America. He's been doing it for more than 30 years, so he's not a tinkerer and not trying out project concepts.   Keith Weinhold  7:26   And at this point, he's helped thousands of North Americans diversify their portfolios through international real estate ownership and residency planning, and even lifestyle investing. And if you've ever attended an investment conference on something like global diversification. You might have seen him speak there because he's such a frequent, recognized speaker and voice, and he's authored multiple books on real estate, financial freedom, expat living, and just unlocking a better lifestyle. Hey, welcome back onto the show, Mike Cobb.   Mike Cobb  7:59   Oh Keith, nice to be with you. And you're right. 10 years, we've enjoyed one another's company at many conferences. It's always great to be back with you virtually. I look forward to seeing you again personally one of these days as well. And yeah, thank you for the very kind words on the intro.   Keith Weinhold  8:14   Yeah, if I'm teetering on whether or not to attend a conference, I ask myself, is Mike going to be there? That's right.   Mike Cobb  8:20   We'll hang out,   Keith Weinhold  8:22   100% And you know, Mike, he's also an avid reader of GRE's "Don't Quit Your Daydream" newsletter. So then, clearly, he's even smarter than you've ever thought. You heard him on the show before, so you knew he was smart, but now he's even smarter than you ever knew since he's a reader. Tell us what you like about the newsletter.   Mike Cobb  8:40   You know, Keith. I gotta say, every issue that comes in, I read it. By the way, today's issue said read before Thursday, so you give me a couple days tomorrow at least to read it. Anyway, no, you know what? You are so powerfully succinct. The charts that you put in are wonderful. You were a geographer major, and and so spatial things are important. I also recognize. I love the charts. I love the graphs, and I hate to even say I love sort of the I hate to call it the trivial information, but you know enough data points that seem trivial when you put a theory around them actually become meaningful. And what you are able to do is you're able to connect dots that most people don't connect. That's the hallmark of genius, and I think you are a genius, by the way. And I think your newsletter shows that. And so, thanks for putting it out. Your readers are very, very fortunate to have you there, giving them the kinds of information that are super relevant in the marketplace at one level and on a specific level. But even more important, creating the theoretical constructs that allow them to understand the why of something's happening because you know if you understand the why of something you know it makes a lot more sense first of all but it also allows us to maybe forecast the next what coming down the pike and if we can be on the front edge of something or you know being able to look over the hill or around the bend that's. Powerful in the marketplace, and and you bring that power to your readers. Well done, man.   Keith Weinhold  10:04   Thanks. Yeah, it's not just what; it's why this matters. And that was an incredibly kind thing to say. I write every word of the letter myself, and you, the listener, you can get the letter free now@greletter.com I send it about weekly, and Mike, I know that U.S. investors, including some Get Rich Education followers, they've been increasingly looking offshore for one thing many perceive the political risk has palpably higher than it was a few years ago. So, just broadly, tell us more about what North American investors seem to be looking for.   Mike Cobb  10:42   Sure, I summed it up earlier today. I was talking with a conference organizer, and he was really giving me the hard sell on why I should come to his conference. And it's probably not a good fit. But I heard myself say it for the first time. What we really help folks do in certain spheres, but maybe in this sphere, is help people get a good night's sleep, you know, peace of mind, right? And when you've got the political turmoil, you wrote an article or a newsletter a couple weeks ago, and it was about inflation, the kinds of things that were happening, and it was so spot on. And I think your readers, and not just your readers, but people who are tuned into what's really happening from a political standpoint, a financial standpoint. There is no way you can print this much money. There's no way you can have these kinds of things going on all the time that create a huge run-up of debt, right? And it's not even the debt; it's the implications of the debt. What's going to happen next? How's this thing going to unwind, right? And so when you have all of this stuff going on. You have people who are really, really worried about their future. It's a financial future. I say there are two train wrecks. There's a train wreck of debt, which is what I just talked about, and there's a train wreck of freedom. And that train wreck of freedom is really, in some ways, a result of the train wreck of debt. But when you've got a train wreck or two train wrecks happening, we really have three choices. We can ride it out, right? Take the ride and go for the crash, right? We can do something about it, but we really have to do something about it before. I'm going to mix a metaphor here, but if you know a hurricane's coming in three or four days, you don't wait till the wind's blowing 150 miles an hour to put up the plywood, right? You get out there while the sun's still shining. You put up the plywood, and then when the hurricane hits, like you got plywood over the windows, and you can ride out the storm. And this is where I think so many people are today. They're recognizing this hurricane is coming. The problem is, is that I don't think people always know where to go get plywood, right? What do I do? How do I protect myself and my assets, right?   Mike Cobb  12:38   And what this conversation right here is about is here's one kind of plywood you can put up on your window and the diversification overseas the diversification internationally into a hard asset that is not really inflation proof because I'm not sure there is such a thing but largely inflation proof or a big a great hedge against inflation real stuff hard assets real estate timber commodity right this is. what so many people are now looking at, and then the other piece of it is you can layer in a residency, which starts to give you that political plan B. You've got an economic plan B, kind of the hedge against inflation, but you've got this residency component that gives you sort of a hedge against the political uncertainty, and 1000s of folks have moved in this direction. Several 100, I think it's about 600 folks now, have picked up the residency as part of their timber investment as well. So a lot of different things going on, but I think they do circle all the way back to this train wreck of debt and a train wreck of freedom, the political divisiveness kind of what's happening.   Keith Weinhold  13:40   Now, what if someone hasn't invested in a hard asset overseas before, Mike? I'm thinking some people might come ask you. You know, why would I do this? For example, I live in the United States, where we have a rule of law and stable, mature markets and high property ownership rights. So, why should I look to diversify internationally with hard assets,   Mike Cobb  14:01   yeah, I think there's a general answer, and then maybe a couple specific answers. Generally, you know, I would never bet against the U.S. the U.S. economy. We're the largest economy in the world. I would never bet against it, right? But I think that for prudence, we would all want to have at least another basket for a few of our eggs: 5% 10% 20% Pick. Pick a number that's comfortable, but have some of your investable net worth outside your home country. Like that's just prudent, right? Why would you have everything all in one basket? And so we see that as a general answer. Specifically, a country like Panama, where we do have artique plantations, they have public title escritora publica. It's fee simple title, but in the civil law, so it's called escritora publica. The rule of law is strong in Panama. And then the other thing about Panama that I absolutely love is you have the canal, and the canal provides both economic stability and political stability. On the economic side, it generates just. Under $5 billion a year of cash flow, year in year out, right? So just it's like an ATM machine for a country with a population of about 4 million people. Do the math on that; like that's a huge amount of money on a per capita basis, right?   Keith Weinhold  15:13   Narrow water passages have really been newsworthy for a long time now, too.   Mike Cobb  15:16   Well, they have, and just like the Strait of Hormuz, right? You know, people sometimes go. I hear it said, "Oh, the canal is a vital strategic U.S. interest. That is absolutely 100% correct. But if you're a country that produces any goods that ship, or you're a country that receives any goods by ship, that canal is a strategic interest to you, and by definition, that's every country in the world. Every country in the world wants that canal open and transiting, right? Because everybody either produces or receives or both, right? And so you've got the political stability element as well as the economic stability element. You've got the rule of law. Panama is a great, great place for that person who you mentioned who's never done an overseas investment, never gone offshore, right? What's an easy place to start? What's one of the safest places to start is Panama, and it's in this hemisphere too, so it's close. I mean, you can get there for three hours from Miami, three and a half hours from Houston. Flights all over to U.S. Canada. It's easy. So I think a lot of folks see Panama as a very, very easy way to make that first step overseas.   Keith Weinhold  16:25   I happen to know that you just flew in from Panama. You're in the United States today, but you're constantly going to Central America. You span time zones more often than almost anyone I know. You mentioned fee simple ownership in there. For those that don't know, I think of that as direct ownership, where you don't have some weird administrative government layer in there that can dilute your hard asset.   Mike Cobb  16:47   Right, you can own it in your own name, you can own it in a corporation, so it's easy to own it. But yeah, no layering, right? By the way, the Constitution treats owners who are Panamanian the same exact ways it treats all foreign owners, and actually, we do business all over Central America. The one thing that we look for is a a legal regime that protects foreigners and foreign investors the same as it does domestic. Panama does that.   Keith Weinhold  17:12   Yeah, so investing in hard asset in Panama is a bit like investing internationally with training wheels on, due to its close relationship with the United States bolstered by the Panama Canal, but yet if someone hasn't invested internationally first, there are still a few mistakes to avoid. Maybe things that one isn't aware of. Can you tell us more about that?    Mike Cobb  17:33   The biggest danger people have when they make their first foreign investment is what I call margarita madness, right? And a lot of times it happens. You're on vacation in Cancun. You're having the time of your life. You're you just went parasailing, whatever. You're walking down the beach, and some developer says, "Hey, come on up here and take a look at my condo project. You know, and we'll buy you dinner at Senior Frogs tonight. We'll give you a coupon or whatever, right?   Keith Weinhold  17:55   Right.   Mike Cobb  17:55   And a lot of people do that, and then later that night, that's Senior Frogs. They're celebrating the condo they just bought, right? I mean, it's not how we transact real estate in the U.S. and Canada. There's a due diligence process. There's a due diligence period. It takes weeks or months to transact on a property, not hours, right? And so the single biggest mistake is that, and the way that we really can resolve it. I mean, my book is all about this. In fact, you have a copy, and I think you've helped some of your your readers and listeners get copies as well. It's called "How to Buy Your Home Overseas and Get It Right the First Time, and it really boils down to three simple principles: buy what you see. Is it there? Right. Own community. Right. Make sure it's in a place where you have people around. Right? Because there are a lot of ghost towns out there, and then know the developer. Do your due diligence on the developer himself, right? So you've got these three principles, and if you follow those three principles, you could do a lot better. But I actually think there's even a better way, and it has to do with character. It has to do with us, and you know when we move to the developing world, anywhere outside of you know North America, Northern Europe, maybe Australia, New Zealand, right? We're moving from the land of seller beware, right? Think lemon laws, think Ralph Nader, think advocacy groups, you know, lots of laws and regulations that control the seller, to the world of buyer beware, where none of those laws exist, and so now you're on your own. And because we've been living and transacting our whole lives in a seller beware environment, in a bubble of protection, we're protected by the government, right? We think we are. We'll just say that anyway. But we're protected. We're in a bubble, and we move to the land of buyer beware.   Mike Cobb  19:38   The problem is we don't really know how to transact. We don't know the right questions to ask, and our single biggest advantage, our single biggest attribute or asset that we have, is actually humility, because we don't know what we don't know, and we have to forget what we think we know. Assumptions, right? We can't bring assumptions with us that hold true. Some do some. Don't right. If we approach a transaction overseas with humility, there are no dumb questions. I'm going to ask every question I can think of. I'm going to do as much research as I can within a limited period of time. I'm not going to not analysis to paralysis forever. I'm going to say, look, I'm going to spend the next 30 days. I'm going to do a ton of due diligence, and at the end of 30 days, if I like what I say, I'm going to transact, right? So you're you're not getting the deer in the headlights never to do something, right? But you know, several weeks, maybe a month or two, depending on what it is you're doing, is enough time to do really, really good due diligence. Ask all the questions you can think of, but approach it with humility. And when we do those things, we transact so much, so much better than if we just rush into it with Margarita Madness.   Keith Weinhold  20:44   Right? People get caught up in those emotions with Margarita Madness and end up with a timeshare that they can't get rid of, or something like that. You said something so interesting there, Mike. When you move from the developed world to the developing world, you move from a seller beware world, like with some of the things you have to be aware of, and like you need to give disclosures and such into a buyer beware world. I hadn't thought of it that way before.   Mike Cobb  21:08   Yeah, and really, a lot of my book and a lot of the presentations that I've given, you've seen me give over the years, really deal with what I call a change in thought process. Because mostly in presentations, right? My goal in a presentation is to help somebody change how they think, to take away the bubble and understand that they're on their own, right? It's not really their own. They have you, they have me, they have other resources, right? But they don't have this bubble of government or regulations or laws out there protecting them anymore. Now it's the individual, and as an individual, I don't want to be rugged individual. I want to find other people that can help me, right? But I have to do that as opposed to it's just there for me, right? So if I can help people change how they think, they will transact so much better. They'll make better investments. They'll make investments that work for them in ways that they want them to work for them, right? They'll achieve the goal or the dream in a much, much, much higher percentage of the cases,   Keith Weinhold  22:04   we're talking about investing antique tree hardwood plantations, principally in Panama, like you mentioned, and we're talking about one mindset about crossing borders with our investing, and another is oftentimes, at least for GRE listeners, we're crossing asset use type because we're so used to residential rental housing. So when you cross into agriculture or forestry, I guess as it is with teak, what are some of the bridges to cross there as we change use type?    Mike Cobb  22:35   The reason I love timber generally and teak specifically in Panama in this case is that most people, most people, and I hope that many of your readers aren't most people. Most investors look at 20-five years and they simply say themselves, "No way, no way. And I love that because right now teak timber is being cut down 10 to 12 times faster than anyone is replanting it. And the reason people don't replant it is because most average investors come along and say, "Oh, it's 25 years. I can't wait 25 years. Well, you know what? Good, because the folks who do decide to move ahead and plant the teak, what that means is the price of teak is very highly likely to continue to increase in value far beyond inflation. Teak wholesale teak prices have gone up five and a half percent a year on average for the last 50-three years. I think that number is going to increase largely because there's this huge psychological barrier. People think, "Oh, 20-five years, but back in 1990-eight I bought 100-acre cattle pasture in Panama, and we had a professional forestry company plant it and maintain it for the last now 27 years, and two two and a half years ago, we started building a sawmill. Our sawmill is up and running. In fact, was just down there and brought back one of our first retail products. We're producing lumber. Our first container of lumber is headed out to a distributor in Colorado next week.   Keith Weinhold  23:56   Mike's holding up a nice cutting board for those in the audience.   Mike Cobb  24:00   Nice cutting board. We're setting up an e-commerce site. We're going business to consumer with cutting board, bath mat, shelving, tables, chairs. We have our whole production facility ramping up with new retail products. So the bottom line is, is yeah, man, it does take 25 years. You know.   Keith Weinhold  24:15   The lantation to harvest cycle. That's the 25 year span you're talking about here. The patience it takes for an investor.   Mike Cobb  24:21   Thank you. Yes, absolutely. And then, as we cut down this mature plantation that we we are now harvesting right now, it gets replanted, and the next 25 year harvest. I'm 61 Maybe I'll make 86 I don't know. Maybe not. Right. But my kids probably will, and they'll get the big harvest in 25 years, and then it'll replant, and maybe they'll get a next one, or maybe it'll be the grandkids, right? And so what we found savvy investors, people who are really not your average bear, right? And they think to themselves, how can I create generational wealth stewardship? I have enough money coming in. I mean, Keith, that the I mean, you can own teak for 10 grand. You can. Own a quarter acre of teak. You own the land. You own the trees. 10 grand, like it's 9000 something or other, but 10 grand, right? I mean, the bottom line is it's such an affordable, easy investment, right? And it turns into well over $100,000 in today's numbers. Who knows what inflation? But in today's numbers, buying power, you know, 10,000 turns into 100,000 right? Over 20-five years, and so most people who do this recognize the fact that they might get the first harvest, but it's their kids, their grandkids, their great grandkids who are going to get this harvest every 20-five years thereafter. And so the 20-five year thing becomes a wonderful thing, not a bad thing. Right, it keeps many people out, which keeps the price of teak high and growing, which we like. But it also creates this cash flow period. People go, "Oh, it doesn't cash flow. I'm like, "Absolutely, it does. It cash flows phenomenally four times a century. Like you have an internal rate of return of almost 11% 10 point something, right? You have an internal rate of return of 11% and it cash flows four times a century. This is a phenomenal cash flow investment. You might get to see the first one or the second one, but you're probably not seeing three or four. But somebody else in your lineage, your family, your heirs will see it, and they will all be so happy you made that decision to own teak.   Keith Weinhold  26:22   We're talking about the ability for you to own teak parcels and the land beneath it, title in your own name, one quarter of an acre at a time. We're going to talk more about that with Mike when we come back. You're listening to Get Rich Education. I'm your host Keith Weinhold. Flock Homes helps you retire from real estate and landlording, whether it's one problem property or your whole portfolio, through a 721 exchange, deferring your capital gains tax and depreciation recapture. It's a strategy long used by the ultra wealthy. Now mom and pop landlords can 721 their residential real estate. Request your initial valuation. See if your properties qualify at flockhomes.com/gre. That's flockehomes.com/gre.   Keith Weinhold  27:09   Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. And full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call or text family to 66866 That's family to 66866.   Ken McElroy  28:12   This is Rich Dad advisor Ken McElroy. Listen to Get Rich Education with Keith Weinhold and don't quit your daydream.   Keith Weinhold  28:29   Welcome back to Get Rich Education. We're talking about international investing with teak tree plantations. This isn't something experimental. We're not talking about a tinkerer here. You have to be more careful when you go overseas, and we're talking about with the owner of an international company that's been doing this for 30 years, providing international investments. But the teak tree plantation, I think, began in 1998 or 1999 Is that right?   Mike Cobb  28:56   Yeah, 98 was the purchase of the property, and in the rainy season of 99 we planted the first 100 acres. Yep.   Keith Weinhold  29:03   Yeah. Well, talk to us more about that because you talked to us about how historically teak appreciates at about 5% per year. Tell us about how we get to that 11% internal rate of return.   Mike Cobb  29:15   Yeah. Sure. I mean, so two things. One, you've got the five and a half percent a year kind of calculated out over a very long period of time, 50-three years. So that's a pretty good statistical baseline. And then the fact that your trees actually physically grow, right? I mean, back in 2008 my joke is from 2008 to 2012 While the rest of us in real estate were hating life, my trees just simply kept growing, right? They just kept growing. And so what you start off with is about 100 maybe 110, I think, trees on a quarter acre, and in the end, after all the thinnings, you end up with somewhere between 22 and 25 trees per quarter acre, and each of those trees produces about 1.2 to 1.6 cubic meters of timber. For lumber, by the way, one of the things that we are working on, and you know, look at the end of the day, you had a walk, jog, run, right? And we're in the walk stage right now, but we're harvesting out all of the other elements of the teak tree. Your lumber piece, that just you know, sell it as boards, you know, one by fours, one by sixes, one by eights, whatever it is. Ship that stuff off. That's your 1.2 to 1.6 cubic meters, but you've got other pieces of the tree. You've got stuff that's too thin, the root stock that can be turned into other things, including cellucrete with cellulose, the ground up, the sawdust itself. We're saving all the sawdust. We're going to use that for cellulite. This is the math on this. Our investors get 80% of the net proceeds after processing costs, which is 15% my company gets 20% and so we, my company, has the highest incentive to drive the highest possible return to the investor possible because I get 20% of whatever I make for the investor, and so all the numbers we use are always the net investor number, right? And we have a business plan. All the numbers are laid out. It's all there, and it's pretty easy to see how the IRR gets up. About I think it's 10.6, 10.7% I can't remember. Just under 11% but it's all in the business plan, Keith. And again, this is part of that due diligence process, right? Get a copy of the business plan. Get on the phone with one of our property consultants maybe take a trip to Panama. I just got back. We just took a group of people. Yeah, we got tours. Yeah, we have tours, and so like as part of the due diligence process, come visit, come see the trees, come see the sawmill. Right? If it's something that makes sense from a an investment standpoint, yeah, the material, the facts, and the due diligence is all there for people to be able to pick up and do over a you know several week period, you know 30 days, 60 days, 90 days, whatever it is.   Keith Weinhold  31:47   Well, let's back up because seemingly you have had really good prescience. Because when we look at world agriculture today, we see some problems. Whether some people want to call it erratic weather, other want to call it climate change, and how that's really ravaged some crops and created disruptions in certain produce. Or with coffee, you know, we've also got a cattle production problem, for example. But you've chosen something that's been really resilient. Tell us more about that resilience and just why teak of all crops and forestry.   Mike Cobb  32:22   Let me start by saying, who was it? Yogi Berra says, you know, predicting is hard to do, especially when it's about the future or something. Exactly. Yeah. Right. But I mean, look, we're talking about the future. I mean, who the heck knows, right? I mean, that's what makes it investing rather than you know something else. But teak has been grown in plantations for almost 400 years. It was started by the British in India, what was then Burman throughout Southeast Asia. And one of the things the Brits did so so well is they documented everything. They had statisticians keeping track of altitude, rainfall, soil types, different stock. I mean, just anything and everything that you could imagine, and so by the early 1900s, some of the best books about teak and teak plantation farming was written. I actually read those books in order to interview the forestry management companies in Panama that we would hire them to manage our plantation, because I don't know anything about it, right? But I wanted to be prepared to do the interviews, so I was. What amazed and fascinated me was this incredible track record of production for almost 400 years of teak as a commodity in the marketplace, and then for the last 50 years, 53 years, you know, seeing what's happened to the price of teak in that time period. Look, nobody can predict the future. Weather patterns change. Teak as a species, is very very resilient. You know, the highest quality teak is grown in very specific conditions, and the Darien province of Panama has exactly the conditions to produce the highest quality teak. If those conditions change, maybe the quality of the teak goes down. Maybe the quality of the teak goes up a little bit. Who knows, right? I mean, at the end of the day, we don't control weather. We don't control weather patterns. We don't control the future. But that thing goes back to the idea of diversification. Like, how can we mitigate against the future? I think we do that by just simply broad diversification. And if we have all of our assets and stocks, bonds, and rental real estate, we're pretty concentrated, especially if it's all in the United States, right? Our home country, for example, and so some diversification into other sectors probably makes sense. I know it makes sense for me because I think that's my way of hedging against the uncertainties of the future.   Keith Weinhold  34:37   Let's talk about the tree quality and then the sawmill, because some people don't understand that teak really has pretty special properties that maple or black cherry or oak doesn't have.   Mike Cobb  34:47   It does. It has a very very high oil content and it has a hardness that makes it extremely resistant to rot fungus, which is why it's used in the marine environment. If you look at Chris Craft. Boats or yachts. You always hear about teak, teak, teak. Teak is used in maritime environments because it holds up to the salt water-not just salt water-holds up to water, but even more so, salt water and the environment, which makes it unique. And so, even if you don't treat teak, right, you just leave it out. It turns gray, but it doesn't rot. And then you can come back. You can you know sand it and varnish it and turn it into that beautiful, rich color. It's a beautiful, beautiful wood. It's funny because it has furniture uses, outdoor furniture, patio furniture, things like that, decking. But now they're starting to use it in hardwood floors. They're using it in gates and fences and soffit materials. Again, outdoor uses, but it can be used indoors as well for very very fine furniture, which at the end of the day teak has a panache that a lot of these other woods don't have. Mahogany is certainly one mahogany. The thing about mahogany is it's softer, right? It's a softer wood. It carries some qualities in terms of the grains and the colors that make it a a very favorable product for cabinetry and other things. We actually looked at mahogany as a species to possibly grow, and it's about a 30-five to 40-year harvest cycle. And so, when we looked at that, we said, you know, we can get our heads around 20-five, and and maybe someday we will do some mahogany plantations as well. But for now, we we started with teak. Actually, when we did the analysis, I don't know if this is still true, but 27, 28 years ago, when I did the initial research and analysis, it had the best time value of money ROI.   Keith Weinhold  36:29   Ah, that's the first time I learned that. And some of these durability properties that you've been talking about really go back to my earlier question about how some more sensitive crops have been ravaged lately.   Mike Cobb  36:39   Yeah, it holds up very very well to the environment. By the way, it'll do well in pretty much everything but desert, right? If it rains too much, the teak will grow faster. Actually, it produces a less quality. The quality of the teak is less. If so, if panama's rain system changed and it started raining every day of the year, where we have it growing, teak trees would grow wonderfully. The quality of the teak would be lower, right? Still, be teak. It'd still be valuable, but not as valuable in the marketplace. So.   Keith Weinhold  37:08   Now you've been here to talk about teak before, but something that you added a few years ago was a sawmill to really bring some vertical integration there. And now you're not at the mercy, perhaps, of the price that you would need to sell to a lumberyard. Can you tell us more about how it's going with that?   Mike Cobb  37:22   Yeah, absolutely. Well, the bottom line is, is because we earn 20% of what we earn for the investor on their wood, our goal is to sell it for as high a possible price. And lumber does pretty well. I mean, you can sell logs. Let's just start there. You can cut the trees and sell the logs for X. You can turn the logs into lumber and sell it for you know whatever 578 x. You can turn it into things like cutting board, chairs, tables, a finished product, and there you're talking about you know not just five to 7x You're talking about another 10x on top of that. So that's like 30x right? I mean it's an incredible difference. So from log to finished product, it's about a 30 times differential in what you ultimately achieve out of the marketplace for return. Right now it takes longer to do it. There's more work involved, but at the end of the day, because you make more of the investor, we make more. Some of the teak is going to go out as finished product, and so we get a blended return of lumber. We don't do logs, but we're going to have a blended return of lumber and finished product that will push that yield up maybe higher than we've anticipated, which would be just fine with everybody.    Keith Weinhold  38:30   ll right, all right. Diversifying your exit, then. Well, before we learn about how we can get a hold of more information, is there any last thing that we should know about investing across international lines into teak, maybe something that I didn't think about asking you, Mike.   Mike Cobb  38:45   The only thing there is two of the teak farm parcels can be bundled together for a half acre with about a I don't know it's a seven $8,000 legal piece government fees to achieve a residency. So you can actually become a resident of Panama with the teak investment, and again coming in on about 600 folks have done the residency as well as the investment and ownership of the teak farms. So I would say that's a piece. Again, if people aren't sleeping well at night, they're worried about inflation, they're worried about social disruption, polarization, where things are headed, right? And they like the idea of the teak investment, then you know it may make sense to just do the extra government legal piece and get the residency card. I mean, I just did that. By the way, I think you know I'm a I'm a Nicaraguan resident because I lived in Nicaragua for 14 years.   Keith Weinhold  39:34   Mike is holding up his Nicaraguan ID.   Mike Cobb  39:37   but last summer I also got my Panama residency card, so now I have, y'all. I'm a U.S. resident, U.S. citizen, and I'm also a Nicaraguan. I think I held up my West Virginia driver's license. Hold on, let me go. Here's my Nicaraguan residency. Sorry, I was like, yeah. Wait a minute. Anyway, so right. So I'm a U.S. citizen, and I'm a resident of both Nicaragua and Panama. And so, this is something that a lot of folks choose to do because of the uncertainty, the political and social uncertainty in their lives. The teak itself will help with the economic uncertainty, but the residency then helps with the other two elements.   Keith Weinhold  40:15   Next time you fly in and you're doing customs in Panama City or Managua, show them your West Virginia driver's license and see how they like it. See what happens.   Mike Cobb  40:22   It wouldn't work. Hahaha.   Keith Weinhold  40:25   Well, the prices are low. You do not need to be an accredited investor in order to do this. So there's really no qualification bar to clear. There's really no limit in the number of parcels that you can buy. Some people like to purchase 10 parcels, but you can buy as little as one, and tell us more about that price.   Mike Cobb  40:42   Yeah, in fact, we've introduced Keith since the last time we talked a financing program. Oh,   Keith Weinhold  40:48   I didn't know that yet.   Mike Cobb  40:49   We did. That's a fairly new. It's a this year thing, right? So the teak parcels, I think 9890 or something, whatever. Call it 10 grand. The parcels just under $10,000.   Keith Weinhold  40:59   Okay.   Mike Cobb  40:59   Yeah, and they have a down payment and a credit card thing. I think it stretches maybe over a year or two, so it's a fairly short period. Let's people who don't have the entire 10,000 upfront who want the teak investment to be able to acquire it. And if they're doing the residency piece, the residency piece can only begin after the teak farm piece is acquired, right? But it can also lead to the residency piece over time. So yeah, and then there are some discounts on three of them and 10 of them. So we have a lot of people that actually end up getting them for. And and here's a really cool thing because it's titled in your own name, it can also be titled in a child's name or a grandchild's name. And so we have a lot of people that actually acquire them and they don't take ownership. They put it in their kid's name or their grand name. Yeah, so it's a wonderful way to move that asset already right out of the gates into the next generation or the next generation.   Keith Weinhold  41:52   So we're talking about diversifying at least twice, both internationally and then in a different asset type as well. This has been fascinating to learn about, Mike. It's just fascinating alone, I think, to learn about the geography and the teak itself. And like we touched on earlier, they do organize tours. Any reputable provider should do that. They're proud of what they offer there. Tours in the Darien province of Panama, in this case, to see your teak tree parcels. It's a really approachable price. If you want to learn more and get a report and perhaps purchase some parcels, Mike's one of our GRE marketplace providers. You can visit gremarketplace.com/teak or talk to your GRE investment coach. Mike has been fascinating as always. It's been great having you back on the show.   Mike Cobb  42:40   Nice to be here. Thank you, Keith.   Keith Weinhold  42:48   Teak is one of the more durable crops that there is. The demand for teak hardwood is substantial, and it's really growing. They have also had the same tree manager for all 27 years since the teak was planted, some real continuity there. The name of the manager is Heyo Forestall. There's a little to manage with the teak hardwood trees, like performing thinnings, and those thinnings do give investors like you intermittent income. So you're not waiting for absolutely everything for 25 years, but the income from the thinning is really small. Most of the return takes place in that 25 years, and it's interesting to me to see the profile of the GRE investor in teak because it attracts young investors, and maybe that's because the cost of entry is so low. It also attracts older investors because they more often have an eye toward passing along something productive to their heirs that is going to outlive them. A lot of them don't want to give their heirs money because money can be spent on fleeting trivialities. Also, the older a person is, they just have an easier time visualizing the fact of 25 years and knowing that it really will pass by. And yes, in-person tours are offered there in the Darien province of Panama, and there were 13 to 14 attendees on a recent tour. They do need to limit the group size, and the tours are for you, whether you're an existing investor or not. If you're just checking it out, that's for you too. If you believe that you want to attend a tour and you don't want to buy, I understand that you can get your money back from the tour.   Keith Weinhold  44:35   The next tour is in September. Each quarter-acre newborn teak parcel costs $9,680 $9,680 and over 20-five years, it's projected to produce about 110k in today's dollars. And yes, now with financing, we've talked about this investment on GRE before, but it's the first time where they now have financing in place, so you don't even need. 9680 to get started. Also, retirement funds might be eligible for use here. And really, when you think about the long-term horizon of this investment, retirement funds make sense. If this is potentially interesting to you, get a hold of the report that goes into the details and shows you some projections and more. You can do so by either contacting your GRE investment coach or visit gremarketplace.com/teek. Money may not grow on trees, but sometimes trees grow into money. Until next time, keep growing your means and maybe a few trees. You could visit gremarketplace.com/teak. Until next week, I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 1  45:53   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.    Keith Weinhold  46:21   The preceding program was brought to you by your home for wealth building. getricheduceducation.com  

Advertising SponsorGet “The Coffee Report by Map It Forward” directly to your inbox every Friday by signing up for either our Green Coffee or Roasted Coffee Patreon tiers in our Patreon community. Head to https://www.patreon.com/collection/2275485 to read the first report free. Sign up for as little as $5 per month.Episode DescriptionThis is episode 1 of a five-part solo series of The Daily Coffee Pro Podcast by Map It Forward titled Saying the Quiet Parts Out Loud.This series was not originally scheduled to be a solo series. A guest who had recorded a five-part discussion about the rise of branded coffee producers asked for the episodes to be withdrawn shortly before publication.Rather than abandon the subject, podcast host Lee Safar uses this episode to examine the argument herself: has building a recognisable personal or farm brand become more important than building a responsible coffee business?Lee explores how producers, roasters, baristas and other coffee professionals have increasingly used visibility, competitions, public relations and social media to differentiate themselves. She traces part of this evolution through Panama's most prominent producer estates, whose global recognition helped create demand for highly exclusive coffees while giving select roasters a powerful point of differentiation.The success of estates including Hacienda La Esmeralda and the Lamastus family estates demonstrated that strong producer brands can create considerable value. But their success also established a model that many producers are now encouraged to emulate without necessarily having the capital, access, infrastructure or customer base required to make it work.Building an internationally recognised producer brand requires far more than producing excellent coffee. It can involve extensive travel, marketing, media exposure, relationship building and significant long-term investment. That makes the model inaccessible to most of the millions of coffee producers operating around the world.Lee also questions what happens when the same attention-based model is adopted by roasters and coffee professionals. A large audience may generate recognition, invitations and free products, but it does not automatically produce profitability or a commercially sustainable business.The episode examines whether the coffee industry has begun confusing visibility with value, revenue with success, and brand recognition with sound business fundamentals.The conclusion is not that producers or roasters should avoid building brands. A strong brand can be an important business asset. The problem begins when branding becomes the primary strategy rather than one component of a responsible business with a responsible pricing model.This episode asks the coffee industry to consider whether its obsession with exclusivity, recognition and high-profile coffees is building a sustainable future—or simply creating another business model that only works for a very small group at the top.Connect with Lee Safar here:https://www.linkedin.com/in/leesafar/ https://www.instagram.com/leesafar If you found this episode valuable, make sure you're subscribed to the podcast and follow along for the rest of this 5-part series. ***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Renewed tensions in the Middle East are testing markets. In this week's Market Take, Ehsan Khoman, Investment Strategist at the BlackRock Investment Institute, explains why we remain pro-risk despite a more fragile macro backdrop.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2026 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BII0726-5760873-EXP0727

Advertising SponsorGet “The Coffee Report by Map It Forward” directly to your inbox every Friday by signing up for either our Green Coffee or Roasted Coffee Patreon tiers in our Patreon community. Head to https://www.patreon.com/collection/2275485 to read our first report for free. Sign up for as little as $5 per month.Episode DescriptionThis is episode 1 of a five-part solo series of The Daily Coffee Pro Podcast by Map It Forward titled Saying the Quiet Parts Out Loud.This series was not originally scheduled to be a solo series. A guest who had recorded a five-part discussion about the rise of branded coffee producers asked for the episodes to be withdrawn shortly before publication.Rather than abandon the subject, podcast host Lee Safar uses this episode to examine the argument herself: has building a recognisable personal or farm brand become more important than building a responsible coffee business?Lee explores how producers, roasters, baristas and other coffee professionals have increasingly used visibility, competitions, public relations and social media to differentiate themselves. She traces part of this evolution through Panama's most prominent producer estates, whose global recognition helped create demand for highly exclusive coffees while giving select roasters a powerful point of differentiation.The success of estates including Hacienda La Esmeralda and the Lamastus family estates demonstrated that strong producer brands can create considerable value. But their success also established a model that many producers are now encouraged to emulate without necessarily having the capital, access, infrastructure or customer base required to make it work.Building an internationally recognised producer brand requires far more than producing excellent coffee. It can involve extensive travel, marketing, media exposure, relationship building and significant long-term investment. That makes the model inaccessible to most of the millions of coffee producers operating around the world.Lee also questions what happens when the same attention-based model is adopted by roasters and coffee professionals. A large audience may generate recognition, invitations and free products, but it does not automatically produce profitability or a commercially sustainable business.The episode examines whether the coffee industry has begun confusing visibility with value, revenue with success, and brand recognition with sound business fundamentals.The conclusion is not that producers or roasters should avoid building brands. A strong brand can be an important business asset. The problem begins when branding becomes the primary strategy rather than one component of a responsible business with a responsible pricing model.This episode asks the coffee industry to consider whether its obsession with exclusivity, recognition and high-profile coffees is building a sustainable future—or simply creating another business model that only works for a very small group at the top.Connect with Lee Safar here:https://www.linkedin.com/in/leesafar/https://www.instagram.com/leesafarIf you found this episode valuable, make sure you're subscribed to the podcast and follow along for the rest of this 5-part series. ***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Send me a text!How we got along with the country we created.  Bonus Carter bashing. Support the showwar102podcast@gmail.comhttps://war102.buzzsprout.com

Tonight, in this incendiary investigative edition of Light ‘Em Up!We're burying our nose into the international intrigue, kidnapping and arrest of Venezuelan President Nicolás Maduro.The arrest of Maduro is not the first time the US has captured a sitting head of government in Latin America.In December 1989, the George H.W. Bush administration launched Operation Just Cause, deploying over 24,000 U.S. troops to depose Panama's Manuel Noriega and bring him to the United States to face federal drug-trafficking charges.For the longest time, President Trump has had a “hard on” for Venezuelan President Nicolas Maduro.Maduro is accused by U.S. authorities of being one of the world's largest narco-traffickers, actively working with cartels to smuggle fentanyl-laced cocaine into the U.S. and engaging in narco-terrorism.In March 2020, Maduro was charged in a Southern District of New York federal indictment for:—     narco-terrorism, conspiracy to import cocaine,—     possession of machine guns and destructive devices,—     and conspiracy to possess machine guns and destructive devices in violation of Title 21 U.S.C. §§ 960a and 963, and 18 U.S.C. § 924.—     The U.S. Government initially offered a reward offer of up to $15 million for any information leading to the arrest and/or conviction of Nicolás Maduro Moros in 2020.  The Biden Administration's Department of State on January 8, 2025, announced raising the reward offer to up to $25 million and ultimately $50 million under Trump 2.0.President Trump's opposition to Maduro was driven by Maduro's alleged authoritarian governance, political corruption, and alleged involvement in large-scale drug trafficking.Trump also frequently criticized Maduro for undermining democratic elections (as he himself has done) and allying with U.S. geopolitical rivals like China, Russia, and Iran.In this episode, we'll shine the antiseptic light of the truth and examine:The allegations that Nicolás Maduro and his wife Cilia Adela Flores de Maduro stand accused of — and have been indicted on.As you know from previous episodes of Light ‘Em Up:Criminal charges are merely accusations, and the defendant is presumed innocent until and unless found guilty at trial or by plea.—     Straight from the indictment we'll investigate the Trump administration's case and legal arguments …—     We'll examine the legal nuances of the DOJ indictment detailing narco-terrorism and drug trafficking charges,—     As well as the international impacts and law that cover head of state sovereignty, state sovereignty and the “legality” of such a sweeping international action.—     All with an intense focus on the response from the EU, Latin America, China, Russia.Trump says, “The Venezuelan people are “Happy”.  We've learned differently.The fallout from this raid continues to shape international relations, with global leaders split between condemning the breach of sovereignty and supporting the removal of an autocratic regime.Arresting and extraditing your political enemies can serve as a convenient way to get rid of political rivals — but it doesn't make the process clean, easy or lawful.Was this massive use of military force in Caracas a violation of international law, and more specifically Article 2 §4 of The UN Charter?Is Mr. Maduro entitled to immunity as the head of state of a sovereign country?  The U.S. government maintains that he obtained the status through a fraudulent election. General Noriega made a similar claim and lost.Nicolás Maduro declared himself a prisoner of war, a status that the last Latin American leader seized by U.S. forces, Gen. Manuel Antonio Noriega, also claimed.What will be the geopolitical impact for Venezuela and what does its future look like in conjunction with President Trump's declaration that the U.S. would “oversee” Venezuela's transition, and the subsequent installation of Maduro's Number 2 … interim president Delcy Rodríguez.These actions will certainly have broader geopolitical and energy implications for the region. The search for the truth and justice begins RIGHT HERE … and RIGHT NOW!Tune in for all the explosive details and our sponsors Newsly & Feedspot!We want to hear from you!Support the show

Episode Notes S7E23 -Join us as we welcome the amazingly talented Annie McKnight to the stage.. She'll be in the house telling tales from Stand up Comedy to TV shows like Southland and much much more. Annie McKnight, known in comedy circles around the world as "Annie McFunny", is a seasoned stand-up comedian, actor and writer from Columbus Ga. She earned a Bachelor of Arts degree in theater from Columbia College SC, and has since appeared in several theater productions including Macbeth, Purlie Victorious, and Negritude to name a few. Annie would later land her first movie role in the feature film Crimes of the Heart, starring Sissy Spacek and directed by Bruce Bereford. In 1993, Annie would display her comedic skillset by taking first place on the reality/comedy Tv show America's Funniest People, winning the top prize of $10,000.00. Award-winning actor, director, producer Bill Dukes was quoted saying "Annie McKnight is an exciting new talent with the rare ability to make you laugh or cry," As a direct result of her winning, Annie's star would begin to rise rapidly causing her to be internationally recognized almost overnight. She would then tour abroad to South Korea, Japan and Panama. HELPFUL LINKS: VETERANS: https://www.va.gov/.../mental-health/suicide-prevention/ ADDICTION: https://lp.recoverycentersofamerica.com/.../continuum-of.../ Due you know someone that has lost their lives due to addiction? Or even someone that has made a full recovery? Reach out to Johnny Whitaker so they can help to celebrate the lives lost/ lives recovered at overdoseawareness0831@gmail.com ___________________________________________ Follow our guest https://www.anniemcknight.com https://www.facebook.com/annie.mcknight.54 https://www.instagram.com/comediananniemcknight/ ______________________________ Toking with the Dead: https://www.stilltoking.com/ ————————————— Follow Still Toking With and their friends! https://smartpa.ge/5zv1 ————————————— Produced by Leo Pond and The Dorkening Podcast Network MORE ABOUT THE GUEST: To work her comedic muscle, Annie would perform at all of the popular comedy clubs in LA from The Laugh Factory, to The Comedy Store, HaHa Cafe, Hollywood Improv and Flappers; which would ultimately prepare her for sketch comedy shows and late night Tv on non other than The Tonight Show with Jay Leno, Deon Cole's Black Box, The Tonight Show with Conan O'Brien and "Martin Lawrence Presents 1st Amendment" as both a writer and comedian.. Amongst Annie's notable film and television credits are The Soloist, Southland, Everybody Hates Chris, The Soul Man, Two Degrees, Hair Show, Baskets, Next Time on Lonny, Eve Ensler's, The Vagina Monologues directed by Penny Marshall and "Bust Down" starring opposite Chris Redd from SNL. Annie also has seen commercial success starring in the Sirius XM national commercial “Move In” opposite Kevin Hart in 2020. As if her resume isn't impressive enough, Annie started her own podcast called Everything's Entertainment, where she interviews with various guests of different genres. Keep on the look out for Annie McKnight on a screen or stage near you. This podcast is powered by Pinecast.

Une nouvelle édition de la publication en ligne dédiée aux expatriés francophones, lepetitjournal.com, a été lancée au Panama. Pourquoi ce pays et quels projets pour lepetitjournal.com en Amérique centrale ? Sacha Carion est le responsable de ce journal.   À lire aussiCK Hutchison réclame deux milliards de dollars au Panama, qui a repris le contrôle de deux ports du canal

Après 10 ans sans élection, Haïti vient de lancer le processus électoral avec l'enregistrement des partis politiques. Nous en parlons avec le géographe et spécialiste de la politique haïtienne Jean-Marie Théodat. Pour Jean-Marie Théodat, la multiplication des partis politiques illustre la fragmentation de la scène politique haïtienne. Avec 316 partis enregistrés, il juge peu crédible qu'ils remplissent tous les critères exigés par le Conseil électoral provisoire, notamment celui de compter au moins 30 000 membres. Mais pour l'universitaire, le principal obstacle reste l'insécurité. Dans un pays où de nombreux quartiers et axes routiers sont contrôlés par les gangs, il estime que les conditions matérielles d'un scrutin libre ne sont pas réunies. Organiser des élections avant de rétablir la sécurité reviendrait, selon lui, à « mettre la charrue avant les bœufs ». Il met également en garde contre le risque d'une influence directe des gangs sur le processus électoral, rappelant que certains chefs criminels ont déjà envisagé de transformer leurs organisations en partis politiques. Sans démantèlement des groupes armés et sans garanties de sécurité pour les électeurs, conclut-il, les élections risqueraient de renforcer le pouvoir des gangs plutôt que de restaurer la démocratie.   Naïka réinvente le konpa haïtien C'est un genre musical que nos auditeurs haïtiens connaissent très bien : le compas ou konpa, en créole, né dans les années 50 et inscrit en décembre 2025 au patrimoine immatériel de l'Unesco. Une musique qui continue de se renouveler et dépasse les frontières d'Haïti. En témoigne le succès en ce moment de Naïka, chanteuse franco-haïtienne de 31 ans. Après la sortie de son premier album, Eclesia au début de l'année, elle chante ses titres en anglais, en français et en créole sur les scènes du monde entier. Elle sera au festival de jazz de Nice le 23 juillet, le 31 juillet à l'Appletree garden festival en Allemagne et aux Francofolies de La Réunion, le 4 septembre. Justine Fontaine nous fait découvrir cette artiste. À écouter aussiPatrimoine culturel immatériel de l'humanité de l'Unesco: le compas haïtien sacralisé   Panama : comment les anciens habitants de Carti Sugdub s'acclimatent à leur nouveau village Au Panama, le mode de vie des indigènes Gunas pourrait être bouleversé par le réchauffement climatique. Dans l'archipel des San Blas où ils vivent majoritairement, certains îlots sont menacés par la montée des eaux et déjà régulièrement inondés. Il y a deux ans, les quelque 1.300 habitants de Carti Sugdub ont été relocalisés sur la terre ferme. Le nouveau village financé par le gouvernement est aseptisé. Construit sur le modèle des zones résidentielles de banlieue, c'est un alignement au cordeau de petites maisons toutes identiques. Grégoire Pourtier, notre correspondant au Panama, est allé voir comment se déroule cette transition et savoir si elle répond aux attentes de la population.   Le journal de la 1ère En Guyane comme ailleurs, des délais de paiement trop souvent interminables ne facilitent pas la vie des entreprises.

GB2RS News Sunday the 19th of July 2026 The news headlines: Spy transmitter activities at the RSGB National Radio Centre Which RSGB partner museum will you be visiting this summer? RSGB Outreach Team supports the WINGS Jamboree Following last year's success, the ‘Find the spy transmitter' events are back for Summer 2026 at the RSGB National Radio Centre. This family-friendly activity will turn you into spy hunters as you explore Bletchley Park looking for hidden transmitters. The event will be running on Tuesday the 28th of July and Thursday the 30th of July.  Each date has two start times, one at 10.30am and another at 1.30pm. Spaces are limited to 12 groups per session and are available via rsgbspytransmitter.eventbrite.co.uk  The activity is free to take part in, however entry to Bletchley Park is required. Don't forget that RSGB members get free access to the historic site as a membership benefit. Download your voucher at rsgb.org/bpvoucher Last year, the RSGB introduced a new membership benefit offering its members discounted entry at six fascinating museums. Following positive feedback from members, this offer continues and RSGB members can receive between 20 and 50 percent off admission fees at Amberley Museum, Bawdsey Radar Museum, Internal Fire Museum of Power, PK Porthcurno Museum of Global Communications, the Royal Signals Museum and the National Museum of Computing. You can make the most of this offer by incorporating a visit to one, or all, of the museums this summer. Whether you are organising a club visit, looking to entertain the children over the summer holidays, or planning for a day out by yourself, there is lots to keep you busy. Visit rsgb.org/partner-museums  for details on how to receive your personalised discount voucher. Members of the RSGB Outreach Team will be attending the WINGS Jamboree in Windsor between the 26th and 30th of July. The team will be showcasing amateur radio to Scouts and Girlguiding members aged 6 to 14, who will have the opportunity to test their Morse skills through the ever-popular Morse Battleships game. The team will be activating special event callsign GB1WINGS over the period, and the youngsters will have the opportunity to make supervised on-air contacts across the UK and internationally. The team welcomes your support and encourages you to make QSOs on the HF bands and via the QO-100 satellite. Please check the DX Cluster for frequency details. QSL will be via QRZ, eQSL and Logbook of the World after the event. Revalidating your licence is required every five years, however Ofcom recommends doing it annually. The process requires licence holders to confirm or update their details on the Ofcom licence database. Whether you have recently moved, have a new email address, or all your details remain the same, use this as a reminder to log in and tick the job off your list. You can find guidance on the process by selecting ‘Licence Revalidation' at rsgb.org/licensing  As well as FAQs, you'll also find a link to a step-by-step video by Ofcom, which shows you the process of revalidating your licence using the online licensing portal. The first of this year's International Lighthouse and Lightship Weekends will run from 0001UTC on Saturday the 15th of August to 2400UTC on Sunday the 16th of August. The event usually attracts more than 500 lighthouse entries located in over 40 countries. Registration for the event is open at illw.net Please send details of all your news and events to radcom@rsgb.org.uk  The deadline for submissions is 10am on Thursdays before the Sunday broadcast each week.  And now for details of rallies and events Today, the 19th, Lincoln Short Wave Club Summer Radio Rally is taking place at The Festival Hall, Caistor Road, Market Rasen, LN8 3HT. The doors open at 10am and admission costs £3. This in an indoor event and ample free car parking is available. For more information email m5zzz@outlook.com On Saturday the 25th, the Wiltshire Radio Rally Electronics Fair and Car Boot Sale takes place at Kington Langley Village Hall and Playing Fields, Church Road, Kington Langley, Chippenham, Wiltshire, SN15 5NJ. The doors open at 7.30am for traders and at 9am for visitors. Hot and cold refreshments and ample parking are available on site. For more information visit chippenhamradio.club/rally Now the Special Event news Radio amateurs using Bawdsey Radar Museum's callsign GB2GRS will be on the air today, Sunday the 19th. Visit the museum to hear where in the world they are contacting. More information is available at bawdseyradar.org.uk Special callsign HF170TESLA is active to mark the 170th anniversary of the birth of Nikola Tesla. Look for activity on various bands and modes until the 31st of July. For details of awards that are available for working the station, visit tinyurl.com/teslaSES To celebrate the centenary of Romania's first amateur radio club, special callsign YR100RC is active until the 30th of September. Find out about awards that are available at tinyurl.com/yr100rc2026 Now the DX news Didier, F6BCW has been active as FO/F6BCW from Tikehau Atoll, OC-066, in French Polynesia until tomorrow, the 20th. He operates CW and SSB on the 80 to 6m bands. QSL via FO/F6BCW, Logbook of the World and OQRS. Aldir, PY1SAD is active as 8R1TM from Guyana until Sunday the 26th of July. He operates CW, SSB and digital modes on the 160 to 6m bands and via satellite. QSL via Logbook of the World, eQSL, QRZ.com  or directly to Aldir's home call. The IP1X team will be active from Gallinara Island, EU-083, on Saturday the 25th and Sunday the 26th of July. They will be operating using CW and SSB on the 80 to 10m bands. QSL via the Bureau, OQRS or directly to IU1JCZ. For more details and updates see QRZ.com Now the contest news Today, the 19th, the RSGB International Low Power Contest runs from 0900 to 1600UTC. Using CW on the 80, 40 and 20m bands, the exchange is signal report, serial number and transmitter power. On Tuesday the 21st, the RSGB 1.3GHz UK Activity Contest runs from 1900 to 2130UTC. Using all modes on the 23cm band, the exchange is signal report, serial number and locator. On Thursday the 23rd, the RSGB 80m Club Championship runs from 1900 to 2030UTC. Using RTTY and PSK63 on the 80m band, the exchange is signal report and serial number. The RSGB IOTA Contest starts at 1200UTC on Saturday the 25th and ends at 1200UTC on Sunday the 26th of July. Using CW and SSB on the 80 to 10m bands, where contests are permitted, the exchange is signal report, serial number and IOTA reference. On Sunday the 26th, the UK Microwave Group High Band Contest runs from 0800 to 1700UTC. Using all modes on 5.7 and 10GHz frequencies, the exchange is signal report, serial number and locator. Now the radio propagation report, compiled by G0KYA, G3YLA and G4BAO on Thursday the 16th of July 2026. Last week was characterised by a falling solar flux index. Over the past week it has gone from 116 to 100, but the good news is that we have only had one M-class solar flare in that time and a multitude of lesser C-class flares that haven't amounted to much. As a result, the Kp index remained low, certainly below 4, other than one excursion to 4.67 on Sunday the 12th of July. This means propagation has been stable rather than outstanding. But as the winners of the World Radiosport Team Championship showed last week, it was still possible to make 5,800 QSOs in 24 hours. An analysis shows that the best scoring band was 20m, closely followed by 15m and 40m. The predominant mode was CW. Maximum usable frequencies, or MUFs, over a 3,000km path have been peaking at around 19 to 23MHz at midday, according to the Dourbes DigiSonde. Major DXpeditions to be worked this week include RT25AA, the Arctic Legends IOTA DXpedition; TY5FR from Benin; VP5G in Turks and Caicos; and HP1/LA5IIA operating from Panama. The 20m band remains good for contacts across the Northern Hemisphere during daylight, while the 15m band offers better opportunities for north-south paths. Next week NOAA predicts that the solar flux index may increase, perhaps to 135. Geomagnetic conditions are forecast to be good for the first half of the week, but a Kp index of 4 is forecast for Wednesday the 22nd and Thursday the 23rd of July so expect declining MUFs and poorer HF conditions around that time. There are currently no coronal holes to worry about. And now the VHF and up propagation news from G3YLA and G4BAO The coming period of weather feels very much like what we've been getting in the last week or so. High pressure dominates the chart and, since it's placed just west of Great Britain, this implies a north-westerly flow over the country, with a chance of tropo for many areas. Last week saw northerly paths worked from the UK up to the Faroe Islands, Norway and Sweden on both 144 and 432MHz. The high-pressure part of the story suggests not much, if any, rain to speak of and therefore rain scatter is unlikely. The auroral prospects are not especially great in radio terms. There are about three meteor showers currently giving a broad period of activity for meteor scatter operators and providing long-lived ionisation as fuel for sporadic-E. In view of the links between Sporadic-E and jet streams, the upper air jet stream patterns suggest favouring paths to the southeast into the Balkans round to the northeast and Scandinavia for Sporadic E. Don't ignore the options for multi-hop paths into the Far East in the morning on the 6m band and later in the day to the United States, which have been very good lately. For EME operators, Moon declination is falling again and passed perigee on Monday the 13th of July so Moon window lengths will shorten and path losses increase. 144MHz sky noise is low, increasing to moderate on Thursday the 23rd of July. And that's all from the propagation team this week.

Anne Michelle Wand shares her journey from building a successful real estate career in Colorado to becoming a real estate entrepreneur in Panama. She discusses identifying opportunities in emerging markets, building strong partnerships, and her vision for creating multigenerational wellness communities for active aging. The conversation also highlights the importance of relationships, authenticity, and pursuing a purpose-driven real estate business.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

This week on Outdoor Journal Radio, Ang and Pete are joined by Canadian veterinarian, world traveller, author, and animal rescue volunteer Dr. Cliff Redford, better known as Dr. Cliff Worldwide Vet.Dr. Cliff owns Wellington Veterinary Hospital in Markham, Ontario, but his work has taken him far beyond the clinic. From helping street dogs in Jamaica and Egypt, to volunteering in India, performing veterinary work in Panama, and assisting animals and refugees near the Ukraine war zone, his stories are unlike anything we've had on the podcast before.The guys talk to Dr. Cliff about what it's like performing surgery in remote places with limited resources, documenting animal rescue work around the world, the emotional toll of veterinary medicine, burnout in the vet industry, and why he continues to put himself in uncomfortable and sometimes dangerous situations to help animals.He also shares stories from his upcoming book, Far and Wild: Adventures of the Worldwide Vet, including rescues, close calls, and the kind of moments you only find when you leave the safety of home and go where help is needed most.Before the interview, the boys also talk Fish'n Canada store updates, classic TV vs. YouTube, leaky boat tricks, invasive species, browning lakes, and listener-submitted lure hacks.If you love animals, outdoor adventure, conservation, travel stories, or just a wild conversation with someone living a seriously unique life, this episode is for you.Subscribe for more fishing stories, outdoor news, conservation talk, and behind-the-scenes conversations from The Fish'n Canada Show and Outdoor Journal Radio.

Hopes new pathways for global trade can be created as officials from small countries around the world meet in Auckland. Trade Minister Todd McClay's chairing the Future of Investment and Trade Partnership meeting tomorrow – bringing together delegates from 21 countries. It includes Liechtenstein, Malaysia, Panama, Rwanda, and Singapore. International Business Forum Executive Director Felicity Roxburgh told Ryan Bridge this group can tackle issues together. She says they can navigate tariff barriers and help create common certification. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Medical missionaries are often called upon to provide care that is beyond the scope of their training and previous experience. This interactive case presentation looks at the realities of clinical decision-making in a critically ill snakebitten patient, and offers suggestions on how to navigate similar challenging situations.

Amir Epstein, CEO of Tafsik, discusses how his organization has evolved from combating antisemitism through advocacy, counter-protests, and legal action to launching a "Plan B" initiative helping Jewish Canadians explore relocation. He shares why Panama has emerged as an unexpected top destination alongside Israel, recounting firsthand stories from its Jewish community, and reflects on what the rise of this emigration wave says about the state of Jewish life in Canada today.This episode is a part of The Hub's new Fault Lines initiative, which examines the pressures pulling Canadian society apart and the principles that can hold it together. Click here to learn more.The Hub is Canada's fastest growing independent digital news outlet.Subscribe to The Hub's podcast feed to get all our best content:https://tinyurl.com/3a7zpd7e (Apple)https://tinyurl.com/y8akmfn7 (Spotify)Watch a video version on YouTube: https://www.youtube.com/@TheHubCanadaFollow The Hub on X: https://x.com/thehubcanada?lang=enCREDITS:Elia Gross - Producer, Editor, and HostSandra Ezekwesili/The Canadian Press - Photo Credit Hosted on Acast. See acast.com/privacy for more information.

Today, Justin sits down with Michael Walsh. Mike served in the US Navy for more than twenty-six years, most of it spent as a SEAL. He completed five tours of duty in Vietnam, including working on the Phoenix Program, running agents and targeting Viet Cong infrastructure. He also participated in the invasion of Grenada and was involved in Panama during the rein of Manuel Noriega. Mike spent years operating throughout Central and South America, Europe, and the Middle East. He's here discuss his career and the lessons he learned along the way, which he wrote about in his autobiography, first published in 1994. Connect with Mike: Check out the book, SEAL!: From Vietnam's Phoenix Program to Central America's Drug Wars, here. https://a.co/d/05Al9E8g Connect with Spycraft 101: Get Justin's latest book, Murder, Intrigue, and Conspiracy: Stories from the Cold War and Beyond, here. spycraft101.com IG: @spycraft101 Shop: shop.spycraft101.com Substack: spycraft101.substack.com Patreon: Spycraft 101 Find Justin's first book, Spyshots: Volume One, here. Check out Justin's second book, Covert Arms, here. Download the free eBook, The Clandestine Operative's Sidearm of Choice, here. Kruschiki The best surplus military goods delivered right to your door. Use code SPYCRAFT101 for 10% off! https://kruschiki.com/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The AgNet News Hour welcomed former National Cattlemen's Beef Association President Kevin Kester for a wide-ranging discussion on some of the biggest issues facing the U.S. cattle industry, including New World screwworm, wolf depredation, historically low cattle inventories, and new USDA assistance for beef processors. Kester, a fifth-generation California rancher from Parkfield, said rebuilding the nation's cattle herd will take time. With U.S. cattle numbers sitting at their lowest levels in decades, he expects meaningful expansion to remain several years away. "Just by Mother Nature and the biology of a beef animal, we're probably at least three years out, and five years could be very possible before we start building up numbers," Kester said. The conversation also focused on the continued threat posed by New World screwworm. Kester emphasized that while the parasite presents a significant challenge for livestock producers, it is not a food safety issue for consumers. He explained that USDA, working alongside the State of Texas, is investing heavily in eradication efforts through sterile fly production. Existing facilities in Panama and Mexico are already releasing approximately 100 million sterile flies each week, while a new USDA production facility under construction in South Texas is expected to dramatically expand that capacity. Kester said researchers are also making progress on genetic technologies that could make future sterile fly production even more efficient. Another major concern for Western ranchers remains wolf depredation. While federal officials are pursuing actions that could remove Endangered Species Act protections for gray wolves, Kester noted California producers continue to face challenges under the state's endangered species protections. He said ranchers continue experiencing livestock losses while compensation remains limited. "We still have the state listing, so that does not really solve the issue for those of us here in California," Kester said. The interview also covered USDA's recently announced Supporting Processor Investment in Rural America (SPUR) Program, which will provide up to $500 million in temporary assistance for small and mid-sized beef processors. Kester explained that while larger packing companies have the financial resources to weather the current cattle shortage, many smaller processors are struggling with reduced throughput as national cattle supplies remain tight. The federal funding, he said, is intended to help those facilities remain operational until cattle inventories begin recovering in the coming years. The discussion continues in Part Two, where Kester addresses beef imports, international trade, and the long-term outlook for the U.S. cattle industry. Listen to the full interview below or on your favorite podcast app.

The repricing of Fed policy expectations over the past six months has reverberated well beyond the U.S. Valerie Chan, Investment Strategist at the BlackRock Investment Institute, explains why Japan is a key case study.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2026 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BII0726-5741082-EXP0727

durée : 00:11:50 - Les Nuits de France Culture - par : Albane Penaranda - En 1946, l'Assemblée générale de l'ONU débat d'une résolution du Panama condamnant le régime de Franco , instauré avec le soutien de l'Allemagne nazie et de l'Italie fasciste. La Radiodiffusion française diffuse depuis Londres un reportage retraçant cette une séance historique. - équipe : Rafik Zénine, Hassane M'Béchour, INA Vous aimez ce podcast ? Pour écouter tous les épisodes sans limite, rendez-vous sur Radio France

We're talking countries on this week's episode of The Brighter Side. Ed's got Grenada & Burundi and Amber's got Panama & El Salvador. Sit down, shut up, and let Ed and Amber drop a little knowledge on your ol' stinky butt. The Brighter Side finds the positive light in this horror show we call Earth, a cynic's look at optimism. So put down the gun, stay outta that church, and spark up a joint, because everything is going to be alright. We promise. For real. Just chill. Hosted by Ed Larson, Amber Nelson, Ashley Brooke Roberts, and Julie Rosing. Theme song by the Cowmen. Logo by Dave Koehler. Subscribe to SiriusXM Podcasts+ to listen to new episodes of The Brighter Side ad-free.Start a free trial now on Apple Podcasts or by visiting siriusxm.com/podcastsplus. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

durée : 01:25:12 - Les Nuits de France Culture - par : Albane Penaranda - Chez les Indiens Kunas du Panama, les femmes coupent, dessinent, cousent des pièces de tissus d'une grande beauté : les molas. À travers une variété de motifs colorés, c'est toute la société d'un peuple qui se donne à lire, comme nous l'explique en 2001 Michel Perrin dans "La matinée des autres". - équipe : Mathias Le Gargasson, Antoine Dhulster, Rafik Zénine, Vincent Abouchar, Emily Vallat, Hassane M'Béchour, INA Vous aimez ce podcast ? Pour écouter tous les épisodes sans limite, rendez-vous sur Radio France

View This Week's Show NotesStart Your 7-Day Trial to Mobility CoachJoin Our Free Weekly Newsletter: The AmbushWhat does it take to stay at the top of your sport for decades – physically and mentally? In this episode of The Ready State Podcast, Kelly and Juliet Starrett sit down with three-time World Surfing Champion John John Florence to explore what it really means to play the long game.From recovering from multiple ACL tears to stepping away from competition at the peak of his career, John John shares the mindset shifts that helped him redefine success on his own terms. The conversation dives into everything from injury recovery and mental performance to fueling, training, and why learning to love the process matters far more than chasing outcomes.John John also opens up about trading the World Tour for life aboard a sailboat with his wife and son, where surfing remote waves, solving problems, and embracing adventure have become the next chapter of his journey. Whether you're an athlete, parent, or simply someone trying to build a more meaningful life, this episode is packed with timeless lessons on resilience, intentional living, and finding fulfillment beyond achievement.What You'll Learn in This EpisodeWhy playing the long game leads to better performance, longevity, and fulfillmentHow to recover mentally after setbacks, injuries, and unexpected detoursWhy learning to love the process creates more sustainable success than chasing outcomesThe surprising nutrition and recovery changes that helped John John perform at his bestHow family, adventure, and purpose can redefine success beyond competitionKey Highlights: (0:00) Intro & Episode Preview(0:40) Meet John John Florence(3:47) Intro to The Long Game(4:39) Post-Championship Depression & Loving the Process(7:25) When You Win Your First World Title(11:26) Where in the World: Sailing in Panama(12:01) The Vela Docuseries(14:21) Surfing Remote Waves & the Journey to Get There(16:43) Raising a Kid on a Boat & Problem Solving(20:49) ACL Injuries: The Mental Side of Serious Setbacks(25:52) Daily Routine, Breathwork, & Warmup Habits(35:15) The Warmup Ritual and Mind-Body Connection(39:30) Fueling: The Biggest Performance Gap(40:45) Comp-Day Nutrition & Gels in the Lineup(43:00) Deciding to Step Away from the Tour(47:44) Burnout, Back-to-Back ACLs, & Body Listening(54:37) Working with Mental Performance Coach Dr. Mike Gervais(1:00:16) Visualization & the 2024 Lowers World Title Clinch(1:03:27) How His Son Grounded Him Before the Final(1:04:16) Infinite Shelf: Name of the Wind by Patrick Rothfuss(1:05:26) What's Next: Waves, Boat Repairs, & Closing ThoughtsHuge thanks to our sponsors, Momentous and LMNT.

Disease pressure is back in the dairy market conversation. New World screwworm has moved into the U.S. Avian flu is still lingering in dairy herds. Foot-and-mouth disease is also back in the conversation after a recent Dutton Ranch storyline raised questions about what an outbreak would mean for U.S. cattle and dairy. So, we got together the experts and asked: is U.S. dairy ready? Listen to the episode. Listen here. Also available on: Amazon Music Apple Podcasts Spotify YouTube In this episode: In The Milk Check episode 101, host Ted Jacoby III is joined by Jamie Jonker, chief science officer and vice president of sustainability and scientific affairs for the National Milk Producers Federation, and Sarina Sharp, market analyst for the Daily Dairy Report and Risk Manager at Ag Business Solutions. We break down what these disease risks mean for dairy cattle, milk production, farm-level disruption and market economics. We cover: How screwworm could disrupt individual dairy farms Why the closed border with Mexico is changing feeder cattle flows, beef prices and dairy farm economics Where avian flu stands today, and why current cases are not affecting dairy like they did in 2024 Why foot-and-mouth disease remains a low-risk, high-consequence threat for U.S. livestock Get up to speed on what animal health risks mean for milk production, dairy markets and farm-level decision-making Listen to The Milk Check episode 101: Screwworm, Bird Flu and Foot-and-Mouth Disease: Is U.S. Dairy Ready? Got questions: We'd love to hear them. Submit below, and we might answer it on the show. Ask The Milk Check TMC-Intro-final Ted Jacoby III: Coming up on the Milk Check. Sarina Sharp: The border is shut, and it doesn’t look like it will open anytime soon, so we just have this vacuum of Mexican beef cattle. Ted Jacoby III: Welcome to the Milk Check from T.C. Jacoby & Co., your complete guide to dairy markets, from the milking parlor to the supermarket shelf. I’m Ted Jacoby. Let’s dive in. Ted Jacoby III: Today we are excited to have two special guests. First, we have Jamie Jonker, chief science officer and vice president of sustainability and scientific affairs for the National Milk Producers Association, And second, we have Serena Sharp, the excellent market analyst who does our weekly market report. Serena, Jamie, thanks for joining us today. We’re excited to have you. Jamie Jonker: Thank you for having me here. I think we’re gonna have a number of things that are quite timely to talk about today. Sarina Sharp: Thanks for having me again. Ted Jacoby III: In addition to those two, we have some of our usual suspects. We have Mike Brown, our VP of dairy market intelligence. We have Jacob Menge, our VP of trading strategy and risk management. We have my brother Gus, president of the dairy fluid group. We have Josh White, our VP of dairy ingredients. And we have Tristan Suellentrop on our sales and marketing team, and Manuel Polzer, who is part of Jake’s risk management team. Guys, thanks for joining us today. So the topic we’re gonna be discussing today, there are three different diseases that have been gaining news in terms of how it might be affecting milk production and dairy cows. The first would be screwworm which has come across the border from Mexico, the second is avian flu is back. And of course, the third is Dutton Ranch recently had an episode that talked about foot-and-mouth disease on their cattle farm in Texas. And so of course, we’re getting questions about that. But we’ll start with the one that’s probably getting the most attention, and that is screwworm coming across the border from Mexico. It is now in Texas, and it is in New Mexico. Jamie, why don’t you just give us a brief background on what is screwworm, and how does it affect dairy cattle versus beef cattle? Jamie Jonker: Yeah. Great question, Ted. New World screwworm is a fly that, lays its eggs in mammals. It was eradicated from the U.S. in the mid-1960s, and by 2002, it was eradicated all the way down to what’s called the Darien Gap in Panama. That is a forested area about 50 miles wide, where there are no official roads going through it. And so that was really great news about the many decades process to get it down there. What’s happened is starting in ’23, it started creeping back up through Central America through the movement of people and people moving with their animals. Got into Mexico in ’24. Started really taking off in Mexico in ’25, and then just this past June 3rd, we had our first official case in Texas. Today there are 27 confirmed cases in the U.S. 25 in Texas. Out of those about 16 are cattle, most of those are calves castrated males. There is at least one adult cattle in that. So far, all of those are beef cattle. What happens is the New World screwworm fly lays its eggs in any open wound. And when we think about a wound, I want people to understand that can be as small as a tick bite, so it doesn’t have to be a large gash on an animal. It’s very tiny. And what is very unique about the New World screwworm larvae, and also quite devastating, is that the larvae eat live tissue of the So when the eggs start hatching, and the female lays 200 to 300, it very quickly becomes an animal health and welfare issue for that individual animal. Unlike viral and bacterial diseases though, this is not directly transmissible from one animal to another. Obviously, as the larvae mature and become flies of their own, then they can continue to spread it in that area. But unlike what we’ll talk about in a little bit, the H5N1, which was highly transmissible between cows in an individual herd, this does not necessarily transmit from animal to animal. It’s when the larvae become flies, mate, and then the next generation can lay eggs in new animals So, what happens when it gets into these animals, in particular, newborn calves are highly susceptible because of the open umbilical area, they get in there, and, if left untreated, the mortality in newborn calves can approach fifty percent. However, highly recoverable if caught early and treated. Out of those twenty-seven animals, so far that have been identified at least one actually has been euthanized because that was the right decision for that animal. Where we are today, no dairy cattle so far as of June twenty-ninth when this is being recorded. But it is growing in terms of the geography where they’re finding domestic animals in Texas that have it. It’s a growing potential risk for dairy farmers that are in the Southwest. Ted Jacoby III: Jamie, sticking with beef cattle, does the beef industry handle infected cattle with screwworm right now? Jamie Jonker: Animals that have an infestation, essentially you have to clean out the larvae, then you treat the wounds. The other thing that you do is you wanna make sure that you do prevention treatment to prevent infestation from happening in other animals. Because once you have one animal infested, there’s likely a reproducing fly population there, and so there’s a higher risk for other animals in that location. There’s a number of products that are approved for prevention purposes. And they have withdrawal times, ranging, on the beef side, withdrawal times, thirty-plus days in some cases. Some of those products are also approved for use in dairy cattle. There’s a distinction that FDA does through its emergency use authorization and conditional approval processes that typically breaks between growing cattle and lactating cattle. For FDA purposes, lactating dairy cattle are twenty months of age or older, even if they’re not lactating. There’s only one product that’s approved for prevention in lactating dairy cattle at this point in time. That’s DECTOMAX. It’s an injectable product that has a nineteen and a half day milk withdrawal period and a thirty-plus day meat withdrawal period. Ted Jacoby III: Once these cows are infected and then treated, if it’s beef cattle, for at least 30 days they couldn’t be sold to a slaughterhouse, correct? Jamie Jonker: That’s correct. And we want to encourage folks to work with their veterinarian and only use those products that have been approved through the FDA processes. Because if you’re using other products, the withdrawal period is unknown; you’re setting yourself up to potentially have a residue issue. Ted Jacoby III: And how is National Milk right now working with dairy farmers in the United States to prepare for the possibility that we will have a infected dairy cow in the U.S.? Jamie Jonker: We are pulling together resources. We actually have a resource page on our nmpf.org website. And there’s a big pop-up right, right on top for New World screwworm resources for dairy farmers. We have some of our own resources. Obviously, there are lots of people putting together really great resources. We don’t need to recreate things that are done well, so we have links to other resources. We’re also keeping a keen eye on what’s happening as we get new detections in Texas, and potentially as the summer goes on, potentially in other states as well, and working with USDA, Texas Animal Health Commission, and others on keeping preparedness top of mind. Ted Jacoby III: It sounds like if you have a cow infected with screwworm, it’s reportable, and so the U.S.DA is keeping a register of where all the cows are that have been infected. Is that true for dairy as well? Jamie Jonker: Yes. If A dairy animal is found to have an infestation , the first thing we recommend, if you see something that you think might be New World screwworm in any of your dairy animals, contact your veterinarian. Because what we wanna have is an official sample taken so that they can determine whether or not it truly is New World screwworm, because some of these larvae and some of these flies, they look pretty similar, and you just can’t tell by a quick glance at them. But we get that official determination from USDA. What that does is that triggers a response, and that response is important because it’s the response to that individual animal, it’s a response to help mitigate the risk of spread on that farm and spread in that area. And when you have one or more animals that are found to have an infestation, a 20-kilometer zone is set up around them. That’s called the infested zone. There’s strict requirements on the ability for moving animals out of that zone. Then beyond that is another 20-kilometer surveillance zone. And the Texas Animal Health Commission has a great map that shows the zones in Texas, and as they’ve had an increasing number of domestic animals found to have infestations, some of those areas are starting to merge into a pretty large geography there close to the border. Ted Jacoby III: Is my understanding correct that if a beef cattle were to get infected within a 20-mile radius of a dairy farm, you couldn’t move the cattle out of that dairy farm either? Jamie Jonker: You would be able to move the animals, but you have to move them under permit. There’s inspection of the animals to ensure that they don’t have any infestations. Depending upon where they’re moving, there could be requirements for prevention treatment. That’s not necessarily that it happens 100% of the time. If they’re moving within the state of Texas, there might be requirements that are different than if the animals are moving, say, from Texas to elsewhere. And we certainly know that a lot of dairy animals spend part of their life in Texas and move elsewhere. We saw that starting in March of 2024 with the H5N1. Ted Jacoby III: So Jamie, is there a protocol set up for exactly how the milk from a dairy cow that would be infected with screwworm is handled, and how that herd would be managed if that were to happen, and what is that protocol? Jamie Jonker: Yeah, so if you have a dairy animal that is infested, you wanna get that animal isolated. You wanna have that wound where the larvae are cleaned out and then treated. There are a couple of additional products that are approved for lactating dairy cattle for treatment of the infestation itself, so Dectomax is the only one approved for prevention purposes. There’s a topical spray and a topical gel that are approved for an animal that has an infestation. You clean it out, you treat it with that, you isolate them and then, if you’re not doing additional treatments of animals in the herd, if the determination is you’ve got an isolated case and you don’t need to do a broader prevention process, that milk from all those other animals continues to flow. You wanna make sure that you’re not incidentally transferring flies in the cab of the milk truck because that is one way that you can move these flies quite a long distance by just accidentally trapping them in your vehicle. But unless the requirement is to do a broader prevention treatment in the herd, any animal that is not treated with an animal health product, its milk is perfectly sellable, so long as they’re continuing to meet the having no residues from other antibiotics. Ted Jacoby III: So, to be clear, milk from a cow that might be infected with screwworm, the milk itself is still absolutely fine and healthy unless You’re treating the cow with a medicine to get rid of the screwworm. Jamie Jonker: An infestation is an animal health and welfare issue. It’s not a food safety issue for meat or milk. Ted Jacoby III: Do you anticipate that we are going to have issues with screwworm in dairy cattle soon? Jamie Jonker: Soon is difficult to define. I would say that we have an elevated risk that it will occur at some point in time on a facility with dairy animals, a commercial dairy facility. And I say that because New World screwworm grows well in temperatures like we’re experiencing throughout a lot of parts of the U.S. right now. It’s very cold intolerant, and if you get three or four days at twenty degrees Fahrenheit, that kills most of the flies, so that’s great. But we are just at the end of June, so we have many months yet with temperatures that are very conducive for the flies to be active. And I think the other thing is that as we look at a growing geography in Texas of where we are finding screwworm infestations in domesticated livestock we probably don’t have enough New World screwworm sterile flies being produced today to respond to that. That is why USDA has worked with Mexico in renovating a fruit fly production facility there to produce New World screwworm sterile flies. I believe it was just announced late last week. That facility is up and running and at full production capacity probably towards the end of the year. That’s another hundred million flies to complement the hundred million that are being produced at the facility in Panama. And then there was, in April of this year, the announcement of a domestic plant being built on a military base in Edinburg, Texas. The target date for that is to be November of next year to produce three hundred million flies once it’s fully operational . You’ve heard Secretary Rollins discuss they are looking at ways to move that timeline faster. But I think when you consider we started off with a hundred million in Panama, we’re gonna be another hundred million sterile flies in Mexico by the end of the year, and then another three hundred million in Texas when that is up and running. That’s a realization that this is gonna be a multi-year process, and that it’s unlikely that it’s just gonna stay in a geography near the border. So, long way of saying, yes, I think it’s probably a matter of when it gets to a dairy facility and not if. Ted Jacoby III: Serena, do you think screwworm, if and when it starts to affect dairy cows, is going to materially affect milk production in the U.S.? Sarina Sharp: I guess it depends how widespread it is, but I generally don’t think so. I think that it’s gonna be a huge headache at the very least for an individual dairy producer who has to deal with it and for his livestock. But it’s not gonna be material in terms of how many dairies in the U.S. it’s likely to impact. And especially, if you look at where the beef cattle are and the typical temperatures in those areas versus where dairy cattle are in the United States, three days of cold is very common in a lot of dairy areas. And then thirdly, a lot of the beef cattle that have it now are in ranch country. They’re not in an operation where the cattle grower is hands-on, up close with these animals every single day. And on a dairy, that’s not the case. When you are milking cows every day, and bottle-feeding calves, and checking on your heifers, that’s a very hour-to-hour interaction with your livestock, and so it’s a lot easier to contain an infestation in that environment than it is on this vast ranch country with scrub brush in the southern plains. Ted Jacoby III: That makes a lot of sense ’cause you can go days without inspecting beef cattle, but you rarely go hours without inspecting a dairy cow. Sarina Sharp: Yeah. So, when I look at the market impact of screwworm on the dairy industry, I’m not focused on milk production at this point at all. I’m looking at its impact on beef prices and how that changes economics on the dairy farm Ted Jacoby III: How do you think it’s gonna change beef prices? Sarina Sharp: It has already changed beef prices because the United States closed the border with Mexico to live mammal imports. And so, the primary way that’s impacted us is we typically take hundreds of thousands and slightly over a million Mexican feeder cattle. So, that’s young beef livestock from Mexico into the United States, feed and finish them in the United States, and then they help increase our beef cattle supplies. That border has been shut for quite a while now, and for the first months of this screwworm infestation in Mexico, when it was not in the United States and not in northern Mexico, then there was a constant hope, “All right, they’ll get this under control, and we’ll reopen the border, and those feeder cattle imports, we’ll be able to bring them in again.” The border is shut, and it doesn’t look like it will open anytime soon, so we just have this vacuum of Mexican beef cattle. That means that the U.S. dairy industry is positioned to continue to supply beef crossbred calves to the beef cattle industry. That’s beef on dairy calves. At times when we have extra heifers, which is not right now, we’ll just place true dairy animals in feedlots. The price might incentivize us to consider that, although right now they’re so valuable as dairy animals, that’s not happening, at least not at scale. And then, it impacts the dairy cull cow price as well. So, I was talking to a producer last week who sold one full truckload of dairy cull cows at an average price of $3,500 per animal. That’s just an unheard-of price in the past, and it is really adding up to a lot for dairy producers’ bottom lines. For several days here, we were looking at $15, $16 milk and $4.30 corn, and the math wasn’t working out, but when you add a beef crossbred calf check and a dairy cull cow check into that mix, things are looking a lot better when you talk to your banker. Ted Jacoby III: So, it sounds like to me that even though from a public relations standpoint this is going to be a bit of a headache and we have to make sure we get the word out of exactly how screwworm is affecting the dairy industry and how we have protocols in place and plans to make sure that it doesn’t affect the milk supply, for the dairy farmer from a cashflow perspective, at the end of the day it’s probably a positive. Sarina Sharp: It is a positive. I do want to stress that there’s no less beef in the world because of screwworm. What we’ve changed is where those animals are, and the longer that the border stays closed, the more resources that the Mexican cattle industry is gonna pour into facilities to finish the cattle that are staying there, and then also beef packing facilities so they can just process them right there. So we are not importing Mexican feeder cattle. We are importing Mexican beef. So, that’s a positive for dairy producers who are supplying young livestock. In the long run, it’s a negative for the U.S. beef industry who would love to raise those cattle here and process them here. And every day that we don’t is a day that Mexico is investing in not sending them here and sending us the finished beef. Ted Jacoby III: That makes a lot of sense. Jamie Jonker: I think the one thing I would add is I don’t think there’s gonna be a milk disruption issue. But at an individual farm level, it could be very disruptive. So nationally, you probably won’t really notice much, but at an individual farm level, depending on what happens, it could be very disruptive. In contrast to H5N1, which was really a big issue in so many different places. This is something that is gonna be at the individual farm level. Ted Jacoby III: Do dairy farmers have insurance for events like this? Sarina Sharp: So I know that with H5N1, you were able to file for some insurance protection related to your lost milk revenue, and you also registered that as an event for your dairy RP. I imagine that if you’re not gonna lose milk production at scale, that it’s not insurable Ted Jacoby III: That makes sense. ​ Ted Jacoby III: Everybody, we will be right back after these messages. Diego Carvallo: I’m Diego Carballo with T.C. Jacoby & Co.. T.C. Jacoby & Co. specializes in international dairy markets. For new customers that haven’t done business with Jacoby, I would tell them that we can provide them with many of the powders, dairy products that they consume, not only with the physical product, but we can also help them mitigate their risk. We know dairy. We know the main players. We know the main providers for the whole value chain. We are one of the strongest players in the U.S. market because we have contact all the way from the farmer moving the liquid milk all the way to the end users that buy the end products. I am Diego Carballo with T.C. Jacoby & Co., and we bring dairy to the world. Ted Jacoby III: Jamie, where are we at with avian flu? Is it affecting the dairy industry as badly this year as two years ago, and how do you expect it to play out this year? Jamie Jonker: It is not affecting the dairy sector like it was in 2024. In 2024, there were 917 dairy farms officially identified as having H5N1 on their farms, probably some more that were not officially listed. Last year, in ’25 was only 171, and so far this year, halfway through the year, only 64. So, we’re seeing a downward trend but what we are seeing here is some lingering issues with H5N1 on dairy farms this year. There have been two dairy farms in Texas, three in Utah, and the remaining fifty-nine are all in Idaho. And based upon my conversations with USDA for the farms where they have the genotyping done, these are all B3.13 strains (HPAI H5N1 clade 2.3.4.4b, genotype B3.13) so far, so no new spillover events. It’s a circulating one. And they are all related to a lineage of B3.13 that are circulating in Idaho. And so, it’s still kinda hanging out there. When I look at it, it’s not gonna have the big impact on overall milk production. When I say big, I think when we looked at 2024, it’s probably about a 1% reduction in production. That’s not huge but not inconsequential. Unless there was movement of this to places where there hasn’t been virus before. And you can think about large production areas around the Midwest into the Northeast where there hasn’t been this virus before. And so, that’s the risk, is that this virus moves to places where we haven’t had it before. And that’s why I think it’s important that we do our best to see if we can eliminate this B3.13 strain entirely from the U.S. dairy cattle population because the only reason we picked up the three spillover events with the D1.1 strain is because we had the mandatory surveillance. Based upon my discussions with folks that some of those herds and veterinarians that are dealing with those herds, if you weren’t testing for it, you probably wouldn’t have known that you had an outbreak of bird flu in your cattle. Unlike this B3.13, which was just so devastating, most herds that got it, ten to twenty percent of their herd had very severe clinical symptoms . And, you could see starting in September of ’24 into January, February of ’25, what it did on milk production in California. California had over seven hundred dairy farms in those months that, that were impacted by it. Ted Jacoby III: So if I’m hearing you correctly, this strain is far milder than the strain that affected us in 2024, and as a result it’s unlikely to have a major effect on milk production. Jamie Jonker: This is the same strain as 2024 that has affected the vast majority of those dairy farms. But right now, it’s occurring In places where that strain has already probably impacted most of these dairy farms in some capacity. And so, when they’re getting it in their farms, they’re being picked up as part of the mandatory surveillance process. And they’re not getting that big outbreak in a two-week period where ten to twenty percent of the herd needs to be in a hospital. Ted Jacoby III: Is some of the reason why it’s having less of an effect because, like with human viruses over time, cows build up immunity to it and just don’t get as sick the second, third time they might get sick with the same virus? Jamie Jonker: That appears to be part of that process. In most of our farms, we’re turning over, a quarter to a third of our animals every year, so you have a new naive population coming in. And some of these farms, what they’re really experiencing are they’re just constantly bringing in new naive animals, and they get like a rolling infection. But you’re not having 10% to 20% of the herd all at once. Ted Jacoby III: Thanks, Jamie. Now let’s move on to the last subject we had: foot-and-mouth disease. Jamie, what is the status of foot-and-mouth disease in the United States today? Jamie Jonker: Hollywood likes to glamorize things and I’m happy to say it’s been nearly 100 years since we’ve had a foot-and-mouth disease outbreak in the U.S., and I sure hope that we don’t have one in my lifetime, it can be quite devastating. But no FMD in the U.S. since an outbreak in California in the late 1920s. And importantly, there’s a lot of work that’s being done on preparation in case of an outbreak . Back in the 2018 Farm Bill, dairy, beef and swine lobbied really hard to modernize our U.S. FMD vaccine bank. And there was a significant amount of new monies that were put into that, and that has been modernized. We have the secure food supply plans, including the secure milk supply and secure beef supply plans, and secure swine supply plans that are in place to help us deal with how we continue continuity of business if an outbreak occurs in the U.S. And ,so we’re much better planned today than we were even ten years ago. That being said, FMD is a risk. We see that it moves around a lot more than we would like it to in other areas of the world. And the example that I’m gonna give, there’s seven different serotypes of FMD, and a whole bunch of subtypes. There’s one called South African type. That is typically a Sub-Saharan African type and has been quite devastating in South Africa over these past two years. In 2023, they had an outbreak of SAT 1 Type 1 in the African horn that moved into Middle East in 2025 and through the end of 2025 into 2026, an SAT Type III actually broke out starting in Asia, moving into India and China. And although not officially listed, probably also into Russia. And so it’s moved into places where they routinely vaccinate for FMD but they don’t vaccinate for this serotype. And unfortunately, the vaccines that they use do not have cross protection for the SAT types, and so it’s been a really big issue in those areas. And it’s a demonstration of how quickly animal diseases can move these days. It’s very much on my radar and of concern to me about how quickly they move. Obviously, we have several oceans on both sides of us that help keep some things at bay. But boy, there’s a lot of flights that come into the U.S. from places where FMD is every day. And we have ships that are coming to container ports that come from those areas as well. It’s not a zero risk. I would say it’s a very low risk. But we wanna make sure we keep it on our radar that we continue to be prepared. It’s better to be prepared for something that doesn’t happen than be unprepared and have an outbreak . I have fire insurance on my house not because I want a fire to happen. I have it just in case, and I hope I never use it. Ted Jacoby III: Why do you think the U.S. has been so much more successful than, let’s say, Europe at staying FMD free? Jamie Jonker: I think part of it is that bit of geographic isolation. The vast majority of the Western Hemisphere is free of foot-and-mouth disease. There may be some in Venezuela, but their political issues over the past decade, their instability , their reporting of disease has been a bit spotty, so it wouldn’t surprise me if they still had a little bit circulating there . But everywhere else in South America, including Brazil, Argentina, Uruguay, Paraguay those places have all gotten rid of FMD, and they’ve done it through vaccination campaigns and culling. Essentially eliminating it from the Western Hemisphere, our risk is much lower than Europe, which has direct geographic connections to places where it’s endemic. Ted Jacoby III: That makes a lot of sense. Serena, I’ve got one last question for you. What is the thing that keeps you and your family’s farms what keeps you guys up at night in terms of a disease or an outbreak in the U.S.? Sarina Sharp: Foot-and-mouth disease would be terrible, but it doesn’t feel like that’s imminent. I think that another round of avian influenza feels much more likely to have a devastating impact on an individual dairy. It’s not something that’s keeping us up at night every night, but it is something that when you hear, “Yep, there’s 50-plus cases in Idaho,” it feels could happen right here, kind of no matter where in the US right here is. So I think that one is forefront of dairy producers’ minds. But I just don’t think that disease pressure is keeping dairy producers up at night in the way that it did in 2024 when it was a mysterious virus. We were trying to figure out how to treat it. We weren’t sure how it was spreading, and the impact on animal health was so severe. And it feels to me like how we treat the flu and, to a lesser extent, COVID today compared to how we did in 2020. I think that’s how dairy producers generally feel about disease pressure in general today. I don’t want myself or my kids to get COVID or the flu, and we sure don’t want avian influenza on any of our farms Ted Jacoby III: I’d have to agree with that sentiment. This is what I’ve heard today. I’ve heard that screwworm, we are well prepared to deal with it if it does get on a U.S. dairy, but in general, it’s not something we’re terribly worried about affecting milk production in the United States. Avian flu is something maybe we’re a little bit more worried about affecting milk production, but the strain that’s out there today is one that’s been out there before, and we seem pretty well prepared for it. And foot-and-mouth disease is not in the United States, and we’ve got a lot of protocols in place to really keep it at bay, and we’re in a pretty good place in terms of making sure that foot-and-mouth disease stays away from this country. Jamie, hey, thank you very much for joining us today. I really appreciate it. I learned a lot today, and thank you so much for your time. Jamie Jonker: Yeah. Thank you for having me. Ted Jacoby III: Thanks, guys. Thanks, Serena. Thanks, guys. Jamie Jonker: Thank you. Thank Sarah Olson: you, Serena. Jamie, thank Jamie Jonker: you. Yes, see you. Bye, guys. Ted Jacoby III: Coming up next time. Scott Briggs: Yeah, the US is really in a great position to drive global dairy markets over the next five to 10 years. Ted Jacoby III: Tune in next time when we have Scott Briggs from Bridgescape Commodities joining us, talking about milk production on the global scale and how the US is positioned to be competitive against the major global exporters moving forward

- Tom Shattuck from The Maine Wire fills in for Gerry. - The episode opens with a Cape Cod bridge police chase and then zeroes in on the suspect's immigration status, arguing that a repeat-offender illegal immigrant from Panama was repeatedly released by Massachusetts judges despite a long record of violent arrests and police encounters. - A major focus is the contrast between patriotic Fourth of July celebrations and a progressive political class that treats America 250 as a platform for anti-American grievance, identity politics, and attacks on the country's founding ideals. - The show also hammers Zohran Mamdani, Gavin Newsom, and Jasmine Crockett for using the holiday weekend to frame America as oppressive, corrupt, and structurally broken instead of celebrating the nation's history and achievements. - The episode closes by praising President Trump's Independence Day speech for directly attacking communism, defending the American founding, and drawing a hard line between patriotism and the ideological movement now trying to rewrite the country's history. Today's podcast is sponsored by : PARAMOUNT PLUS - Don't Miss ⁠⁠"The Agency."⁠⁠ All episodes streaming June 21st on ⁠⁠Paramount Plus⁠⁠ You can now WATCH and chat with The Gerry Callahan Show LIVE on Newsmax's social media channels (Facebook, X/Twitter, YouTube, Rumble)  Listen to Newsmax LIVE and see our entire podcast lineup at ⁠⁠http://Newsmax.com/Listen⁠⁠ Make the switch to NEWSMAX today! Get your 15 day free trial of NEWSMAX+ at ⁠⁠http://NewsmaxPlus.com⁠⁠ Looking for NEWSMAX caps, tees, mugs & more? Check out the Newsmax merchandise shop at : ⁠⁠http://nws.mx/shop⁠⁠ Follow NEWSMAX on Social Media:              • Facebook: ⁠⁠http://nws.mx/FB⁠⁠              • X/Twitter: ⁠⁠http://nws.mx/twitter⁠⁠             • Instagram: ⁠⁠http://nws.mx/IG⁠⁠             • YouTube: ⁠⁠https://youtube.com/NewsmaxTV⁠⁠              • Rumble: ⁠⁠https://rumble.com/c/NewsmaxTV⁠⁠              • TRUTH Social: ⁠⁠https://truthsocial.com/@NEWSMAX⁠⁠             • GETTR: ⁠⁠https://gettr.com/user/newsmax⁠⁠             • Threads: ⁠⁠http://threads.net/@NEWSMAX⁠⁠              • Telegram: ⁠⁠http://t.me/newsmax⁠⁠               • BlueSky: ⁠⁠https://bsky.app/profile/newsmax.com⁠⁠             • Parler: ⁠⁠http://app.parler.com/newsmax⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

After a patriotic long weekend, Tom Shattuck of The Maine Wire is covering the Bourne Bridge chase as we wait on breaking news about Graham Platner.  Visit the Howie Carr Radio Network website to access columns, podcasts, and other exclusive content. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

James sails a Wharram catamaran with two free-standing masts side-by-side and Chinese junk rigged. I met him in Bocas del Toro, Panama, and later in San Blas, in 2023. When I interviewed him, he was in Madeira. We talk about San Blas (Guna Yala) Panama, the jungle, leaving Panama without clearing out, arriving in Colombia without a zarpe from Panama, rescuing a friend, sailing from Panama to Colombia, squalls, Islas de Rosario, the boat Banemalo - a Wharram Tiki 46, what a Wharram is, tarred nylon line, sailing a junk rig, sailing the boat on different points of sail, tacking angle, the difficulty of sailing upwind in the boat, Cartagena, trading goods, meeting people, sailing north from Colombia, Jamaica, breaking a batten, Port Antonio - Jamaica, the Windward Passage, the Ragged Islands, running aground, the family of Wharram owners, building a doghouse on the deck, cooking without gas, Bermuda, the Azores, Galicia, Spain, extending his EU visa, Porto, Potrugal, a storm in the anchorage, dragging anchor, Madeira, almost losing the boat in a flood on a river, and more. Photos and links are on the podcast website Support the show through Patreon Shop for Sailboats at https://sailboatsforsale.com/ Shop for tankless dive systems at https://www.diveblu3.com/

AI has the potential to reshape long-term growth, but getting there means navigating today's supply constraints. Wei Li, BlackRock's Global Chief Investment Strategist, unpacks the key themes of BlackRock's 2026 Midyear Outlook.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2026 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BII0726-5716309-EXP0727

À l'échelle mondiale, le transport maritime achemine 80% du commerce de marchandises. Mais le secteur entre régulièrement en zone de turbulences. Le détroit d'Ormuz, qui connecte le golfe Persique à l'océan Indien est au centre des attentions, sous l'effet du conflit au Moyen-Orient. En mer Rouge, surnommée « l'autoroute des mers », les rebelles houthis multiplient les attaques contre les navires marchands. En 2021, c'est l'obstruction du canal de Suez par un porte-conteneurs qui avait paralysé le transport de marchandises. Quant au canal de Panama, il tourne régulièrement au ralenti à cause de la sécheresse. Tous ces épisodes, aussi différents qu'ils soient, rappellent la vulnérabilité de la marine marchande et créent parfois des pénuries ainsi qu'une hausse des prix. Les tensions géopolitiques, les changements sur les droits de douane, les coûts sécuritaires mais aussi les phénomènes climatiques redessinent le commerce maritime. Ainsi, suite au blocage du détroit d'Ormuz, les pays du Golfe ont vu bondir le trafic de camions. Alors que les porte-conteneurs avaient révolutionné le commerce mondial, permettant de transporter tout type de marchandises en grande quantité, le contexte actuel interroge notre manière d'acheminer matières premières et biens de consommation. La conteneurisation a-t-elle encore un avenir devant elle ? Comment la logistique marchande peut-elle s'adapter à des perturbations aussi conséquentes qu'imprévisibles ? Doit-on s'habituer à vivre avec une moindre abondance de marchandises ? Avec : Antoine Fremont, géographe, professeur du Conservatoire National des Arts et Métiers (CNAM), titulaire de la chaire « transports, flux et mobilités durables »   François Daniel, délégué général de l'Union TLF Overseas, qui regroupe les entreprises organisatrices de transports aériens et maritimes et les représentants en douane en France.   En fin d'émission, Charlie Dupiot nous emmène sur les campus français avec Décalages culturels, une chronique produite par RFI avec le soutien de l'Université Paris Cité. Sur une idée originale de Chae-Yeon Bournel-Bosson du Français facile avec RFI. Dans ce 11ème épisode, Wahiba, étudiante algérienne en santé publique et Malek Kaci, consultant en interculturel expert de l'Algérie, nous parlent du rapport à l'argent et à la générosité, et du remboursement des dettes.    Programmation musicale :  ► Supne Prabh - Deep, Benny Dayal ► Abysses - Molécule.  

Last week, the Supreme Court ruled on several issues related to immigration policy. While the court narrowly preserved birthright citizenship, it issued other rulings that will put an untold number of people in danger. One ruling, Mullin v Al Otro Lado, upheld the federal government's policy of turning back asylum seekers before they can reach the US-Mexico border—a policy also known as “metering”—hollowing out the right to asylum enshrined in both domestic and international law. In her dissent, Justice Sonia Sotomayor referenced the St. Louis, the ship of Jewish refugees from Nazi Germany turned away from the US, whose passengers were mostly killed in the Holocaust: “Congress passed the Refugee Act in 1980 because it did not want this country to repeat the mistakes of its past. Yet if the refugees on the M. S. St. Louis were to walk up to a port of entry on our southern border today, the majority's interpretation would allow immigration officers to refuse even to consider their asylum applications by physically blocking them from stepping foot onto US soil,” she said.In another ruling, Mullin v Doe, the Supreme Court granted the president the power to end the Temporary Protected Status program, or TPS, which has allowed vetted and eligible immigrants to live and work legally in the US if they cannot return safely to their countries. Justice Samuel Alito, in his majority opinion, said courts do not have a say in what the president and the Department of Homeland Security decide; the president can end TPS for Haitians and Syrians without judicial review. He also rejected a separate claim brought by Haitians that the move to deport them was based in racial prejudice. TPS has been in effect since 1990. There are 350,000 Haitians who have been in the US legally under TPS, and whose lives have now been thrown into chaos.In our spring issue, we published a prescient piece by immigration reporter Tanvi Misra about the death of asylum, and the ways that its decline is a dire portent for democracy itself. Asylum, Misra reminds us, is a “place-based right” designed to prioritize human life over national borders: As soon as an endangered person steps foot onto a country's soil, they “are entitled to that body's protection,” regardless of whether they crossed with permission. This is exactly the principle that has been undermined with this recent ruling, which prevents people from arriving and making an application. As this ruling suggests, for as long as asylum has existed in the US, so have efforts to weaken it. It has been issued selectively and on racial grounds—much more easily been granted to German-speaking Protestants than to Jews escaping the Holocaust; readily offered to Cubans fleeing Castro but not to Haitians fleeing the US-supported Duvalier dictatorship.Misra's essay tells us that this tactic of denying landfall to migrants as a way of denying them asylum has gone into overdrive in the past decades as border agents try to intercept asylum seekers earlier and earlier in their journeys. In the process, the US border has, Misra says, “not just hardened, but expanded”—into Mexico, Guatemala, Panama, and beyond. Under Trump 2.0, the border has also spilled inward, into LA, Chicago, Minneapolis, and all the other places where border agents are chasing down asylum seekers and, increasingly, all migrants.In this episode of On the Nose, recorded in mid-June before the Supreme Court rulings, Misra speaks about these grievous attacks on asylum with John Washington, a staff reporter at Lookout and the author of the forthcoming book, How to Close a Camp: Dispatches from the Fight Against Immigrant Detention, as well as The Case for Open Borders and The Dispossessed: A Story of Asylum at the US-Mexico Border.This conversation was originally a live membership event. Become a member so you don't miss the next one!Thanks to Jesse Brenneman for editing and to Nathan Salsburg for the use of his song “VIII (All That Were Calculated Have Passed).”Media Mentioned and Further Reading“The Death of Asylum,” Tanvi Misra, Jewish CurrentsHow to Close a Camp: Dispatches from the Fight Against Immigrant Detention by John WashingtonThe Case for Open Borders by John WashingtonThe Dispossessed: A Story of Asylum at the US-Mexico Border by John WashingtonThe Suppliants by AeschylusOedipus at Colonus by Sophocles“The principle of non-refoulement,” European Union Agency for Asylum1951 UN Refugee Convention and its 1967 Protocol “A History of Haitian Discrimination by United States Immigration Policy,” US Committee for Refugees and Immigrants“‘Metering' of Asylum Seekers Is Bad Policy, Bad Law, and Bad for the Border,” Aaron Reichlin-Melnick, American Immigration Council“US flight carrying deported migrants lands in Central African Republic,” France24“What Are Third-Country Removals? Understanding Their Use In U.S. Immigration Policy,” American Immigration Council“Broader Crises,” Tanvi Misra, The Baffler“The Unraveling of Afghan Asylum,” Tanvi Misra, New York Review of BooksTranscript forthcoming.

Send us Fan MailWhat if rest isn't the reward… but the thing you've been avoiding all along?Not because you don't want it.But because your nervous system doesn't trust it.In this episode, Alex unpacks the quiet resistance that shows up when life finally slows down.The fidgeting.The urgency.The need to fill every empty space.Because when you've spent years living in go mode, slowing down can feel strangely unsafe.Even when it's exactly what you need.Alex shares what she's been noticing while living in Panama, and how something as simple as sitting by the river with a coloring book cracked open a deeper truth:Busyness isn't always productivity.Sometimes it's protection.Your brain loves what's familiar. Even if familiar feels like stress, pressure, and overwhelm.So what happens when you interrupt the pattern?When you stop checking the clock?When you let yourself play?When you give yourself permission to just… be?What if the discomfort you feel in stillness isn't a sign you're doing it wrong?What if it's a sign you're finally meeting yourself?Presence changes everything.

Casco Viejo in Panama City wasn't always the vibrant, world-class destination it is today. Just a few decades ago, much of the historic district had been left to decay and certainly not a place you'd visit if you were in the country. Today, it stands as one of Latin America's greatest urban revival stories. In today's episode, I sit down with my good friend and Panama developer Simone Di Giovanni to discuss Casco Viejo's remarkable transformation and what makes Panama such a compelling place to live and invest. Enjoy! IN TODAY'S EPISODE Tune in as Simone shares why he left his native Italy and ultimately chose Panama over Miami as his new home abroadListen in as we discuss the remarkable transformation of Casco Viejo from a neglected historic district into one of Panama's most visited destinationsLearn why Plaza Santa Ana is becoming the next chapter in Casco Viejo's revival and why it continues to attract investorsHear why all the pieces have come together to make Casco Viejo one of Latin America's greatest urban revival stories THE EXPAT MONEY ONLINE SUMMIT 2026: FREEDOM IS RISING IN LATIN AMERICA! Join the Expat Money Online Summit 2026: Freedom Is Rising In Latin America from October 1-2, where we'll help you learn everything you need to know about crafting a Plan-B centred in the region. We'll cover the geopolitical trends, residency and citizenship programs, the lifestyle on the ground, and so much more over these two jam-packed days. This is a free event open to the entire community. Get your complimentary tickets here: expatmoneysummit.com JOIN OUR TELEGRAM CHANNEL Not everything belongs in an email, so be sure to join our Telegram channel so you can stay up-to-date on the most important expat-related news and information. I highly encourage you all to not only join, but participate in the discussion. Join here: ExpatMoney.com/Telegram   RELATED EPISODES 411: Panama: A New Coastal Community Set To Change The Game – Part One 394: Panama City's Crypto-Friendly Mayor: The Mayer Mizrachi Story 393: Panama: Why Timing Matters More Than Ever for ResidencyMentioned in this episode:Grab Your Complementary Ticket To This Year's SummitMore than 40 Experts with Decades of Experience Reveal how to Reclaim your Freedom Abroad, Legally Reduce Your Tax Bill, and Maximize Your Returns with ZERO fear or Worry... Join Us For Upcoming Live WebinarsEvery month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.Webinars - Expat MoneyJoin Us For Upcoming Live WebinarsEvery month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.Webinars - Expat MoneyGrab Your Complementary Ticket To This Year's SummitMore than 40 Experts with Decades of Experience Reveal how to Reclaim your Freedom Abroad, Legally Reduce Your Tax Bill, and Maximize Your Returns with ZERO fear or Worry... No Plan-B Without the LanguageIf you're planning to move overseas—or even just set up your offshore Plan-B—learning the local language isn't optional. It's protection. It's access. It's power. StoryLearning makes it easy to start today, from home, by immersing you in real stories—not grammar drills. Spanish, Portuguese, French, and more—learn the language the smart way before you land. Go to StoryLearningCourses.com.Story Learning Courses

For more FYP episodes including a new hour-long midweek podcast; previews, post match pods, the Supplement, interviews, quizzes and more join the FYP Clubhouse: ⁠⁠⁠patreon.com/fyppodcast⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠In our free weekly 30 minute episode Jim, Joe and Jack discuss the Maxence Lacroix to Chelsea rumours, Daichi Kamada potentially signing a new contract at Palace and England's most recent World Cup games against Ghana and Panama. Get your Exclusive NordVPN deal by going to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nordvpn.com/fyp⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠- it's risk-free with Nord's 30-day money-back guarantee! Get a ticket to Jim's next comedy show on Friday August 7th at the Blue Monk Bermondsey: ⁠https://events.humanitix.com/jim-daly-match-of-the-daly⁠ Chapters 00:00 Introduction and Overview of the Episode01:57 Maxence Lacroix Transfer Rumours05:56 Potential Replacements and Club Strategy10:00 Impact of Player Departures on Team Dynamics18:12 Daichi Kamada's Future at Palace23:36 England's World Cup Journey: Performance Analysis26:53 Concerns and Hopes for England's Future Matches32:05 Scotland's Disappointment: A Reflection on Performance35:34 Scottish Football: Critiques and Future Directions Contact Us⁠facebook: FYPFanzineinstagram: @fypfanzinebluesky: @fiveyearplan.bsky.socialtiktok: @fiveyearplanpodcasttwitter: @fypfanzine⁠⁠⁠⁠⁠⁠⁠ ⁠⁠email: ⁠contact@fypfanzine.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices

England beat Panama 2-0 at the World Cup, but why does the mood around England still feel so flat?In this Brazilian Shirt Name Podcast episode, Dotun is joined by Jen Offord and Tommy Stewart to discuss England topping the group, the strange lack of national buzz, the politics around England flags, Thomas Tuchel's promise that the team will step up in the knockouts, and the route ahead through DR Congo, Mexico or Ecuador, and possibly Brazil.Join the Brazilian Shirt Name Whatsapp Channel: https://whatsapp.com/channel/0029VbBNgO58PgsAgQXRP32T

We are on our final day in the US and what a trip it has been, from starting off in Vegas 3 weeks ago we have traveled from coast to coast following Tommy Tuchels 3 lions.  Reflecting on Yesterdays England match & the full trip we spouting our usual dross such as Why did Elliot Bennet not get a call after Reece James injury and giving ourselves the title of the Ugliest World Cup Podcast.  Thanks to all the coshers who came to our live show the other night it was MEGA!!! And all of you we've met along the way.  This show is sponsored by Betano Get £40 in FREE BETS at http://betano.co.uk/cosh when you bet £10 18+ gambleaware.org T&Cs apply

Rog and Rory Smith are back after the final day of the group stage to break down every bit of the action, including a wild ending between Algeria and Austria, Messi's incredible continuation of his goal-scoring run (despite coming off the bench), and a redemption game for England against Panama. Then, legendary football announcer Peter Drury joins the show to talk through an epic start to the tournament, the games he wished he could've called, and his quite remarkable scrabble ability.Check out our “Why Not Us” scarf and Go Go USA Collection here: https://mibcourage.co/4uUfkzDOur Match Day Live! Tour continues with our fifth stop in Atlanta on July 1 at Founders Green: https://mibcourage.co/4uYjiY8See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Venezuelan government says 1,430 people are now known to have died following Wednesday's twin earthquakes, and many thousands are still missing. More international search and rescue teams have arrived in the country to help with efforts to find survivors. A 72-hour window of opportunity that rescuers believe is the best chance of finding people alive is ending.Also: the United States has launched a wave of strikes on Iran, following a drone attack on a Panama-flagged oil tanker in the Strait of Hormuz. Iran has responded by attacking US bases in Kuwait and Bahrain. Heavy explosions and gunfire have rocked the Pakistani city of Karachi after militants rammed an explosive-laden vehicle into the headquarters of a paramilitary unit. Ice in the Swiss Alps is melting at an unprecedented rate, as a record-breaking heatwave continues to grip Europe. Thousands take part in Hungary's LGBT Pride parade in Budapest, the first since Viktor Orbán was ousted as prime minister. Proud Vespa owners celebrate the Italian scooter's 80th birthday by riding around Rome. And how do tiny biting flies called midges help the world's billion dollar chocolate industry?The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.ukPhoto: Rescue workers conduct a search-and-rescue operation in a building damaged by the earthquakes in Caracas, Venezuela, 27 June 2026.Credit: RONALD PENA R/EPA/Shutterstock

Max Rushden is joined by Barry Glendenning, Mark Langdon, Osasu Obayiuwana and Jacob Steinberg as England top their group with a somewhat unconvincing 2-0 victory against Panama. Help support our independent journalism at theguardian.com/footballweeklypod. Watch us on YouTube: https://www.youtube.com/@FootballWeeklyPodcast

The FC crew look back at the last day of group play in the 2026 FIFA World Cup including England topping Group L with a win over Panama. Plus, Colombia top Group K by holding Ronaldo's Portugal to a 0-0 draw. Also, Messi gets his tournament-leading 6th goal coming on as a substitute in a 3-1 win over Jordan, plus Austria and Algeria both go through with some last minute drama. And, the Round of 32 field is set, the guys make their predictions! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Steve Clarke has resigned as Scotland manager following their World Cup exit, with Eilidh Barbour joining Rick Edwards and Lloyd Griffith to react to the news and assess what went wrong for Scotland.England are through to the last 32 after a 2-0 win over Panama. Paul Robinson joins from the stadium to break down another slightly underwhelming performance, with Harry Kane and Jude Bellingham again central to the result to get the job done.The Athletic's Adam Crafton looks ahead to England's knockout tie with DR Congo and runs through the standout fixtures from an exciting last 32 line-up.Plus, Rick and Lloyd discuss the Nigerian goalkeeper who's taken over everyone's algorithms despite not being at the World Cup, and Lloyd shares a story from his time working in DR Congo on an old job.

Relive the atmosphere and instant reaction from 5 Live at full-time as England beat Panama at New York New Jersey Stadium to finish top of Group L at the FIFA World Cup. Mark Chapman is joined by Alan Shearer, Matthew Upson, Paul Robinson and correspondent John Murray. Also hear from Jude Bellingham, Thomas Tuchel, Marcus Rashford, Ezri Konsa and Harry Kane.INTERVIEWS 09:55 Jude Bellingham, 15:50 Thomas Tuchel, 21:15 Marcus Rashford, 25:35 Ezri Konsa, 31:00 Harry Kane.5 Live / BBC Sounds commentaries: Sun 2000 South Africa v Canada in Last 32, Mon 1800 Brazil v Japan in Last 32, Mon 2130 Germany v Paraguay in Last 32, Tue 0200 Netherlands v Morocco in Last 32, Tue 1800 Ivory Coast v Norway in Last 32, Tue 2200 France v Sweden in Last 32.

Gary Lineker, Alan Shearer, and Micah Richards are joined by five-time Ryder cup winner Ian Poulter and our England reporter Rob Jones to reflect on England's 2-0 win over Panama that saw them top the group thanks to another big performance from Jude Bellingham We also get the thoughts of Harry Maguire after his former teammate Harry Kane broke Gary's record and became England's all-time top scorer at the World Cup Learn more about your ad choices. Visit podcastchoices.com/adchoices

Marcus and Jim were live on YouTube to look ahead to England's final game of the groups vs Panama! Get it done lads, because you'll never guess who we'll have if we finish second...They react to the completely surprising news that Reece James may be out for the rest of the World Cup. Who replaces him? And if Elliot Anderson is out, will Jordan Henderson make England history? Plus, we worry about the Panamanian wrestler at left-back who has the name of a darts player and will definitely body slam Bukayo Saka.Get your England vs Panama Watch Party tickets for tonight HERE!Get your Football Ramble x Admiral kit here.Find us on Bluesky, X, Instagram, TikTok and YouTube, and email us here: show@footballramble.com.Sign up to the Football Ramble Patreon for ad-free shows for just $5 per month: https://www.patreon.com/footballramble.The Football Ramble, the original and best football podcast. Brand new podcasts every single weekday throughout the Premier League season and every day throughout the 2026 FIFA World Cup.No cliches. No ex-pros like Peter Crouch or The Rest is Football. Just the funniest football conversation out there. Your guardian for the season, daily not weekly. Stick to the Ramble, totally. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Live Bet Saturday, Femi Abebefe and Will Hill discuss sports betting strategies, analyze ongoing matches, and provide updates on teams like England and Panama in the World Cup. Greg Peterson also joins the show to share some MLB bets. Get instant access to expert picks, public betting splits data, and pro betting tools when you join VSiN Pro. You can take 17% off an annual subscription when you use promo code: POD26. Click Here to get started. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

John Murray, Ian Dennis & Ali Bruce-Ball get together to chat for the first time at the FIFA World Cup. They reflect on their experiences covering matches at the tournament so far, from John's sausage bun in Houston to Ian going viral for his review of MetLife Stadium. Ali also discusses commentating on Lionel Messi's record-breaking goal, which saw him become the highest goalscorer in World Cup history. Messages, questions and voicenotes welcome throughout the tournament on WhatsApp to 08000 289 369 & emails to TCV@bbc.co.uk1'52 - marks out of ten for the World Cup so far 2'20 - Ian being in New Jersey for the Knicks winning the Championship 4'04 - John's experience at the Azteca 9'00 - Difficulty picking out the players in the big stadiums 10'03 - When Denno missed a substitution in the Atlanta stadium & going viral in America 13'00 - the atmosphere in the stadiums 15'24 - John's sausage bun in Houston 19'20 - Commentating in stormy conditions 23'07 - Thoughts on England so far at the World Cup 26'38 - Who will start against Panama? 29'40 - Ian's hack on getting to the Metlife stadium & Americanisms 34'25 - The best teams they've seen so far & keeping up to date 37'24 - Ali commentating on Messi's record breaking World Cup goal 40'57 - Listeners correspondence 45'30 - Unintended pub names

Rog and Rory Smith are back to break down all of the day's tournament action, including England's 0-0 draw with Ghana...what caused Harry Kane to lose his magic against the Black Stars? And will Thomas Tuchel suddenly face mounting media scrutiny? Then, Ronaldo finally breaks through with two goals against Uzbekistan. But will his positive performance ultimately hurt Portugal in the long run? Plus, Croatia take down Panama, and a look ahead to tomorrow's games. Check out the VAMOS YouTube with Duel Nats and The Give N Go: https://mibcourage.co/3QITAZoJoin us for our third Match Day Live stop in LA at Union Station on June 25: https://mibcourage.co/4uNY6E1The Match Day Live! Tour continues with our fourth stop in Philly on June 27: https://mibcourage.co/44nhX26See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It's the final round of the group stage - and it's an all-out battle to qualify for the knockouts. This is Morning Cupdate, brought to you by The Home Depot.In today's show, we look back on Tuesday's fixtures - Cristiano Ronaldo made history in Portugal's 5-0 drubbing of Uzbekistan, Ghana held England to a 0-0 draw, Croatia beat Panama, and Colombia won against DR Congo. Then we look forward to Wednesday's games, as the last round of the group stage kicks off. In Group B, Canada look to qualify for the knockouts for the first time. In Group C, can Scotland make it past Brazil? And in Group A, Mexico aim for the perfect group stage. Betty takes on Rory in Morning Cupdate vs The Night Cup, and why exactly did Harry Kane miss that chance earlier?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today's show: Lionel Messi breaks FOUR Guinness World Records as Argentina took care of business in a 2-0 win over Austria; France cruised past Iraq 3-0 after a prolonged weather-induced half time break; Norway edged Senegal in a 3-2 thriller, and Algeria fought past Jordan 2-1. Then we look forward to Tuesday's games: Portugal vs Uzbekistan, England vs Ghana, Panama vs Croatia, and Colombia vs DR Congo. As the Nightcup Team cruises into a 5-3 lead in the predictions challenge, Betty takes on Rog Bennett once again.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.