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Tesla announces 418,227 deliveries for the final quarter, a decrease of 16%
Economy

Tesla announces 418,227 deliveries for the final quarter, a decrease of 16%

by admin January 2, 2026
written by admin

In this report

  • TSLA
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Tesla released its fourth-quarter 2025 vehicle production and delivery report on Friday, indicating a second consecutive annual drop for Elon Musk’s automaker. Shares ended the day down 2.59%.

Here are the significant figures:

  • Total Q4 deliveries: 418,227
  • Total Q4 production: 434,358
  • Total 2025 deliveries: 1.64 million
  • Total 2025 production: 1.65 million

Wall Street anticipated 426,000 deliveries for the quarter, based on estimates gathered by StreetAccount.

In a consensus by the company posted on December 29, Tesla stated that the analysts surveyed expected a 15% decrease from the previous year to 422,850 vehicles.

Q4 2025 deliveries were approximately 16% lower than the fourth quarter of 2024, when Musk’s EV firm reported 495,570. Production numbers for Q4 2025 decreased 5.5% from a year ago, when Tesla manufactured 459,445 vehicles.

Throughout the entire year, Tesla’s deliveries declined by 8.6%, dropping from 1.79 million in 2024 to 1.64 million.

Tesla noted that deliveries of its entry-level Model 3 sedan and Model Y SUV accounted for 406,585 in the fourth quarter, totaling about 97% of all deliveries. Deliveries for its Model S, Model X, and Cybertruck were recorded at 11,642 during the quarter.

After unveiling its design, Tesla shared that it received more than 1 million reservations for the Cybertruck. However, the angular, steel pickup has yet to become a bestseller for the company.

Musk’s aerospace and defense venture, SpaceX, allegedly purchased tens of millions of dollars worth of Cybertrucks in 2025.

Tesla is encountering intensified competition in the electric vehicle sector from China’s BYD, South Korea’s Kia and Hyundai, and Volkswagen in Europe, among others.

BYD surpassed Tesla as the overall leading seller of EVs for the calendar year, announcing Thursday that its sales surged 28% to 2.26 million units.

Deliveries are the nearest estimate of sales reported by Tesla, although they are not strictly defined in the company’s communications with shareholders.

Within its energy division, Tesla reported that it deployed 14.2 gigawatt hours of battery energy storage products in the fourth quarter, following a record in the previous period, where it deployed 12.5 GWh.

Tesla’s battery energy storage solutions consist of backup batteries for residences and larger systems used in conjunction with data centers and utilities.

Tesla is set to announce its financial results for the fourth quarter on January 28.

Sales of Tesla’s vehicles were influenced by President Donald Trump’s choice to terminate a federal EV incentive by September 30, sooner than planned. This prompt completion shifted some EV sales ahead to the third quarter for Tesla and other automakers.

Even prior to that, the start of 2025 presented challenges for Tesla.

After heavily investing to support Trump’s re-election, Musk dedicated the first quarter of the year to leading the president’s DOGE initiative aimed at reducing the federal workforce.

Musk also supported Germany’s far-right anti-immigrant party, AfD, and later endorsed British anti-Muslim activist Tommy Robinson. Recently, Musk called for the dissolution of the European Union.

In part due to Musk’s controversial statements, Tesla has been subject to a persistent consumer backlash in Europe and the U.S. The company has not fully regained its footing, despite launching a new, more budget-friendly version of its Model Y SUV in October.

Notwithstanding, Tesla’s shares experienced a resurgence in the year’s latter half, soaring 40% in the third quarter and reaching a new record in mid-December. Musk acquired $1 billion worth of shares in September.

Shareholders approved a new $1 trillion compensation plan for Musk in November, granting the CEO additional shares and heightened control over the company. The approval followed Musk’s threat to potentially exit Tesla if the plan was not accepted.

Critics have raised concerns that the plan lacks requirements for Musk to commit a minimum amount of time to his Tesla responsibilities and that there are no restrictions on his political activities.

Explore more CNBC technology news

  • China’s BYD surpasses Tesla as the leading EV seller for the first time
  • Chips, robots, and fortune telling converge in China’s ‘Silicon Valley’ AI surge
  • Dust to data centers: The year AI tech giants, alongside billions in debt, began reshaping the American landscape
  • Google concludes its best year on Wall Street since 2009, outperforming larger peers as the AI narrative strengthens

Although Tesla doesn’t report deliveries by geographical location, data from the European Automobile Manufacturers’ Association (ACEA) indicated that the company lost market presence in the region in 2025.

Tesla’s registrations in Europe dropped by 39% in the first 11 months of 2025, while its Chinese competitor BYD experienced a 240% increase in registrations within Europe. Overall, battery electric vehicles gained greater acceptance in Europe in 2025, comprising about 16% of all new vehicles sold.

Some analysts believe that sales of Tesla’s more affordable Model Y standard, which the company debuted in October, will assist the firm in regaining ground in forthcoming quarters.

In a recent note, analysts at Cannacord Genuity mentioned that EV adoption “is accelerating swiftly in emerging markets like Thailand, Vietnam, and Brazil, where strong consumer interest may provide significant long-term benefits for Tesla, even amid fierce competition from Chinese manufacturers.”

In addition to BYD, Tesla now contends with other Chinese EV manufacturers such as Xiaomi and Geely.

However, Tesla is convincing investors with Musk’s vision of the future, or what he refers to as “sustainable abundance,” rather than solely focusing on EV sales. This vision encompasses robotaxis, which Musk has long promised, and humanoid robots, which he claims will one day serve as factory workers, babysitters, crime stoppers, and surgeons.

WATCH: Tesla must make significant efforts to maintain its share price

January 2, 2026 0 comments
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Berkshire Hathaway stock falls as Warren Buffett departs and the Greg Abel era commences
Economy

Berkshire Hathaway stock falls as Warren Buffett departs and the Greg Abel era commences

by admin January 2, 2026
written by admin

In this report

  • BRK.A
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Warren Buffett and Greg Abel at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2025.
David A. Grogen | CNBC

Berkshire Hathaway shares dropped on Friday as investors processed the official conclusion of Warren Buffett’s 60-year leadership and the onset of a new chapter under successor Greg Abel.

Class A shares decreased by 1.4% on Abel’s inaugural day as CEO, following Buffett’s official transition of the position and the end of one of the most illustrious executive tenures in business history.

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The Omaha-based conglomerate finished 2025 with a 10.9% increase, falling behind the S&P 500’s 16.4% rise but achieving its 10th straight year of positive returns. Buffett, now 95, continues as chairman and aims to assure shareholders that Berkshire’s future is secure well beyond his time in charge.

“It has a greater likelihood, I believe, of being around 100 years from now than any company I can think of,” Buffett stated in a special interview with CNBC.

Abel assumes control as Berkshire has a record $381.6 billion in cash as of the end of September, following a prolonged period of net equity divestments. Buffett mentioned that Abel will have ultimate authority over capital allocation choices.

“Greg will be the decision-maker,” Buffett stated. “I can’t envision how much more he can achieve in a week than I could in a month …. I’d prefer to have Greg managing my investments over any of the premier investment advisors or CEOs in the United States.”

Berkshire shares lagged behind the broader market following Buffett’s retirement announcement in May, as some investors considered whether Abel could effectively manage the conglomerate’s extensive operations and equity portfolio similarly while justifying a premium valuation.

Buffett exits with an unparalleled legacy. After gaining control of Berkshire in the mid-1960s, he transformed a struggling textile company into a compounding giant. From 1964 to 2024, Berkshire recorded a compounded annual growth of 19.9%, almost double the S&P 500’s 10.4%, resulting in an overall return exceeding 5.5 million percent.

January 2, 2026 0 comments
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Healthy 18-year-old welder nearly succumbed to anthrax — the ninth baffling case
Tech/AI

Healthy 18-year-old welder nearly succumbed to anthrax — the ninth baffling case

by admin January 2, 2026
written by admin

In 2022, CDC investigators identified an unexpected trend. From 1997 onward, seven infections caused by Bacillus group bacteria that produce the anthrax toxin were reported — all involved metalworkers. Six of those seven were welders, which led to the label “welder’s anthrax,” while the other case was in a foundry worker who ground metal. In the six instances where the specific Bacillus species was determined, B. tropicus was responsible, including in the newly documented case.

Speculating risks

Why metalworkers, and welders in particular, appear especially susceptible is not clear. In their 2022 report linking the cases, CDC authors suggested it could be a mix of lung immune weakening after inhaling toxic metal fumes and gases produced during metalwork and greater exposure to the dangerous bacteria at work.

In the most recent case, the teenager performed welding about four hours a day, four days a week, often in poorly ventilated or confined spaces and frequently without personal protective equipment like a respirator. Environmental testing at his job site detected anthrax-toxin-producing Bacillus in 28 of 254 spot samples. Other probes into welder’s anthrax incidents have yielded similar findings.

To date, all nine cases have been identified in Louisiana or Texas. However, experts caution that cases are probably undercounted, and models indicate these pathogens could be present across many Southern U.S. states.

Investigators have also suggested iron exposure may be a factor. Bacillus bacteria require iron to grow, and metalworkers can accumulate excess iron in their airways during work. Such iron overload might create favorable conditions for infection. The teen had been working with carbon steel and low-hydrogen carbon steel electrodes.

At present, the exact risk factors and why this otherwise healthy teen — and not others at his workplace — became ill remain unanswered. CDC and state authorities recommended workplace changes to protect metalworkers, including improved respirator use, better ventilation, and enhanced dust control.

An anthrax vaccine exists and is advised for groups considered high risk, such as certain military personnel, laboratory staff, and livestock handlers. Whether metalworkers will be added to that high-risk category in the future is still uncertain.

January 2, 2026 0 comments
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OpenAI restructures several teams to develop audio-focused AI hardware products.
Tech/AI

OpenAI restructures several teams to develop audio-focused AI hardware products.

by admin January 2, 2026
written by admin

OpenAI — the creator of the models and products behind ChatGPT — intends to unveil a new audio language model in the first quarter of 2026, and that model is meant as a deliberate step toward an audio-centered physical hardware device, according to a report in The Information.

Drawing on several people familiar with the plans, including current and former staff, The Information says OpenAI has moved to combine teams from engineering, product, and research into a single initiative focused on advancing audio models, which company researchers consider to trail the text models in both accuracy and speed.

The report also notes that relatively few ChatGPT users choose the voice interface, with most preferring text. The expectation is that substantially better audio models could shift users toward voice, enabling the technology to be used in a broader array of devices, such as cars.

OpenAI plans to introduce a line of physical devices in the coming years, beginning with one focused on audio. People inside the company have discussed various forms for future hardware, including smart speakers and glasses, but the emphasis across the range is on audio interfaces rather than screen-based ones.

January 2, 2026 0 comments
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Swiss bar blaze probably ignited by sparklers on champagne bottles
Global

Swiss bar blaze probably ignited by sparklers on champagne bottles

by admin January 2, 2026
written by admin
9 hours ago

Nick Johnson,Crans-Montanaand

Anna Lamche

Authorities have reported that a blaze at a bar in a Swiss skiing destination seems to have been ignited by sparklers placed on champagne bottles that were “too close to the ceiling”.

In the early morning of New Year’s Day in Crans-Montana, forty individuals lost their lives in the fire, with 119 others sustaining injuries.

At a press briefing on Friday, Valais Attorney General Beatrice Pilloud indicated that the inquiry would examine the materials present at the site, the fire safety protocols of the bar, its capacity, and the total number of patrons inside during the incident.

The investigation will look into the need for any legal actions. “If that becomes necessary and if those involved are still living, charges will be filed against them,” she stated.

Ms. Pilloud conveyed at the conference, “All evidence suggests that the fire ignited from sparkling candles – or sparklers – that were placed on champagne bottles which were moved too near to the ceiling, resulting in a rapid outbreak of flames.”

Supplied

Reports indicate that one of the bar’s proprietors informed local media that the venue had undergone inspections thrice within the last decade and had adhered to all necessary regulations.

Officials are currently engaged in the process of formally identifying the 40 victims of the fire, with police commander Frédéric Gisler noting, “that is our priority”.

Numerous individuals injured in the inferno remain in critical condition and “are still battling to survive”, stated Mathias Reynard, president of the Valais region.

Of the injured, 113 have been officially identified, according to Gisler. This tally includes 71 Swiss citizens, 14 French nationals, and 11 Italians, alongside four Serbs among others.

The identification process for six additional individuals is still underway, he mentioned, emphasizing that these numbers might fluctuate.

Reynard remarked that about 50 of those injured “have been or will soon be transferred to specialized burn centers in European nations”.

Included among the injured was 19-year-old French football player Tahirys Dos Santos, as noted in a report from his football team, FC Mertz.

The club reported that Dos Santos was “severely burned” during the fire and has been airlifted to Germany for medical care.

Families of the missing in the fire were still anxiously seeking updates from authorities late Friday evening.

Italian national Achille Barosi, 16, is among the missing, having entered the bar at 01:30 local time on New Year’s Day to retrieve his jacket and phone. His family has not heard from him since.

“We are uncertain if he is still alive,” his aunt Francesca shared with the BBC World Service’s OS programme. She described her nephew as a talented painter who had enrolled in an art school in Milan.

During the Friday press conference, officials stated they were utilizing a technique called “Disaster Victim Identification” to name the deceased, involving a team of forensic specialists, medical doctors, dentists, and investigators who compile data to establish identities.

Ms. Pilloud later indicated at the conference that the investigation would also consider if the bar’s ceiling met construction regulations.

She noted that investigators were assessing the foam installation in the ceiling, stating that it was currently uncertain whether the foam adhered to regulations or was installed with authorization.

“It’s crucial that we don’t jump to conclusions… please allow us to carry out our work,” she urged.

She reported that the two French managers of the bar had been interviewed, along with patrons who escaped the flames.

Ms. Pilloud added that these interviews had aided them in creating a list of individuals present during the event.

Officials also acknowledged that there was more than one exit from the bar, but stated they “are not currently in a position to confirm” whether the emergency exit was secured or accessible at that moment.

Lea Zehnder, 22, celebrated New Year’s in a nearby bar visible from Le Constellation.

She recounted hearing screams emanating from Le Constellation and shared that her boyfriend assisted individuals with severe burn injuries.

“They were unable to walk or communicate,” she stated.

Blonde-haired Lea Zehnder looks into the camera wearing a woolen hood and a fur-look coat

In the meantime, Tristan Fischer, 20, shared with the BBC that his 17-year-old brother broke windows and helped rescue people as the fire escalated.

He expressed concern that the traumatic event might have lasting effects on his brother’s mental well-being: “He hasn’t communicated effectively, nor has he been able to sleep properly since.”

Le Constellation is a sizable bar that has been in operation for several years.

It has the capacity to accommodate up to 300 individuals and also features a small terrace, though the exact number of patrons present during the fire is unknown.

On Friday, numerous tearful families and adolescents gathered near the police barrier surrounding the bar.

Some laid down bouquets and candles, while others attached messages to a makeshift memorial.

White tents shielded the entrances and exits of the area.

Just outside the town, a conference hall is being utilized to provide assistance to the families of those unaccounted for.

A commemoration will take place in Crans-Montana on January 9 to allow people to gather for a moment of “national mourning”.

January 2, 2026 0 comments
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'Enduring a horror': Families of adolescents unaccounted for following ski lodge blaze anxious for updates
Global

‘Enduring a horror’: Families of adolescents unaccounted for following ski lodge blaze anxious for updates

by admin January 2, 2026
written by admin
12 hours ago

Aleks Phillips

Supplied

Families of the teens who have gone missing following a fire in a bar at a skiing destination in Switzerland are enduring a painful wait for updates and are urging for any information on their loved ones via social media.

Officials from Switzerland indicated during a press briefing on Friday that the Crans-Montana blaze was probably ignited by sparklers placed on champagne bottles that were “too near the ceiling.”

The inquiry into the fire will examine the materials utilized at the location, the bar’s fire safety protocols, its capacity limits, and the number of individuals present during the incident, stated Valais Attorney General Beatrice Pilloud.

Swiss officials mentioned that it may take days, or potentially weeks, to identify the casualties from the fire that resulted in 40 fatalities and injured 119 others. Authorities noted that 113 of the injured have been recognized, while the identification of six remains ongoing.

In the interim, relatives and companions have been utilizing social media platforms to seek information regarding their loved ones who attended the bar that evening.

Laetitia Brodard-Sitre/Facebook Arthur Brodard is seen on a sofa with a dog.Laetitia Brodard-Sitre/Facebook

The location of Swiss citizen Arthur Brodard, aged 16, remains unknown, as per his mother Laetitia.

“I need to locate my son… it has been 30 hours since he vanished,” she reported to the BBC, expressing her wish for his image to “be circulated everywhere so that, hopefully, someone can recognize him and contact me.”

Ms. Brodard mentioned that she and Arthur’s father have been visiting hospitals in Lausanne and Bern but have not found him, earlier communicating to local paper Le Temps that she was “living a nightmare.”

She added that some of his companions have been discovered with severe burns covering nearly half their bodies. “Words fail me – they have experienced hell.”

SUPPLIED Achille Osvaldo Giovanni Barosi wears an unbuttoned shirt and blazer.SUPPLIED

Another Italian national who is currently unaccounted for is Achille Osvaldo Giovanni Barosi, 16, who entered the bar at 01:30 local time on New Year’s Day to collect his jacket and phone. His family has not received any news of him since that time.

“We are unaware if he is still alive,” his aunt Francesca conveyed to the BBC World Service’s OS programme.

Describing her nephew, who is a student at an art school in Milan, she called him a talented artist and a beautiful boy.

“We simply want to locate him, nothing more.”

The Italian foreign ministry announced that six of its citizens remain unaccounted for.

Italian Golf Federation Emanuele Galeppini smiling in a polo shirt.Italian Golf Federation

Included among those missing is Emanuele Galeppini, a 16-year-old junior golfer originally from Genoa but currently residing in Dubai.

The Italian Golf Federation has announced his death but did not specify the circumstances, honoring a “young athlete who embodied passion and authentic values.”

His father, Edoardo, stated to Italian broadcaster TG24 that his son was present in the bar and was last heard from around midnight. An official from the Italian foreign ministry informed the BBC that they have not yet confirmed his death.

Giovanni Tamburi, 16, is also among those missing. His mother Carla Masiello, from Bologna, informed La Repubblica that he was on vacation with his father but went out with friends and ended up at La Constellation.

“A close friend of his told me they fled after the fire started, mentioning he was with his phone, but eventually, he could no longer see him,” she revealed to the newspaper, noting he wore a gold chain with a small Madonna necklace.

Tania Causio, one of his instructors at Porta Saragozza High School, remarked to La Repubblica: “I have always been impressed by his kindness and smile, along with his great maturity. Every time I enter the class, he asks if I want him to fetch me a coffee.”

Lisa Pralong Elisabeth/Facebook Emilie PralongLisa Pralong Elisabeth/Facebook

Reported missing by her family is Emilie Pralong, 22, who is believed to have been at Le Constellation with several friends who are also unaccounted for.

Her grandfather, Pierre, conveyed the “agonizing” wait for updates, stating to French broadcaster BFMTV: “We maintain hope – we are filled with hope. It aids in enduring whatever the hardship.”

While harboring hopes that she might appear relatively unharmed in a hospital, he stated: “We must prepare ourselves for the possibility of a more severe reality. We cannot fantasize; we must be pragmatic in light of a tragedy like this.”

Supplied Alice KallergisSupplied

Alice Kallergis, possessing both Greek and Swiss nationality but residing primarily in Switzerland, was also present at the bar on New Year’s Eve, as reported by sources and Greek media.

Her brother has made an appeal on Instagram, indicating that the family has had “no updates” concerning the 15-year-old or the three friends accompanying her, who are also reported missing.

Greek consular representatives state they are actively monitoring the situation.

Additional reporting by Nikos Papanikolaou and Isabella Bull

January 2, 2026 0 comments
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Job positions of tomorrow: Head-transplant physician
Tech/AI

Job positions of tomorrow: Head-transplant physician

by admin January 2, 2026
written by admin

The Italian neurosurgeon Sergio Canavero has been gearing up for a surgery that may never take place. His proposition? Transfer an ill individual’s head—or possibly just the brain—onto a younger, more robust body.

Canavero generated buzz in 2017 when he declared that a team he was advising in China had swapped heads between two cadavers. However, he never convinced the doubters that his method could succeed—or to trust his assertion that a procedure on a living individual was forthcoming. The Chicago Tribune dubbed him the “P.T. Barnum of transplantation.”

Canavero stepped back from the limelight. Yet, the notion of head transplants isn’t fading away. Instead, he claims, the idea has recently been receiving renewed interest from life-extension advocates and discreet Silicon Valley startups.

Career track

It’s been tumultuous. After he commenced sharing his surgical insights a decade ago, Canavero states that he received his “pink slip” from the Molinette Hospital in Turin, where he had dedicated 22 years of service. “I’m an outsider. So that has made things more challenging, I must say,” he states.

Reason for persistence

No alternative solution for aging is on the horizon. “It’s become absolutely evident over the past years that the prospect of some extraordinary tech to rejuvenate elderly individuals—­occurring in some hidden lab, like Google—is truly going nowhere,” he explains. “You have to go for the complete package.”

The complete package?

He means acquiring a new body, not merely one new organ. Canavero displays a great command of English idioms and an unexpected Southern accent. He attributes this to a childhood fascination with American comics. “For me, mastering the language of my heroes was crucial,” he remarks. “So I can chat casually.” 

Cloned bodies

Canavero is now functioning as an independent researcher and has consulted for entrepreneurs aspiring to create brainless human clones as a source of DNA-compatible organs that would not be rejected by a recipient’s immune system. “I can assure you there are individuals from leading universities involved,” he says.

Future plans

Integrating the necessary technologies, such as consistently precise surgical robots and artificial wombs for cloning, will be intricate and exceedingly costly. Canavero lacks the resources to advance his plans, but he believes “the funding is out there” for a commercial moonshot initiative: “What I say to the billionaires is ‘Unite.’ You will each secure your share, plus achieve immortality.”

January 2, 2026 0 comments
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3 things Will Douglas Heaven is currently interested in
Tech/AI

3 things Will Douglas Heaven is currently interested in

by admin January 2, 2026
written by admin

The most incredible drummer on the web

My daughter introduced me to El Estepario Siberiano’s YouTube channel a couple of months ago, and I have been captivated ever since. The Spanish drummer (real name: Jorge Garrido) shares videos of him performing electrifying cover versions of popular songs, striking his drums with such astonishing speed and skill that he leaves other professional drummers in awe. The numerous reaction videos from other musicians are delightful in their own right. 

Jorge Garrido playing drums

EL ESTEPARIO SIBERIANO VIA YOUTUBE

Garrido is candid about the extensive hours he dedicated to reach this level of proficiency. He mentions spending nearly every day behind his kit for years. In an era where machines seem to handle everything, there’s a rebelliousness in that amount of human effort. This is why my top picks include Garrido’s covers of electronic music, where he outshines the drum machine. Be sure to check out his rendition of Skrillex and Missy Elliot’s “Ra Ta Ta” and see if it doesn’t bring joy to your heart.

Discovering life within the uncanny valley

Viewing Sora videos of Michael Jackson seizing a box of chicken nuggets or Sam Altman munching on the pink meat of a flame-grilled Pikachu has reminded me of an Ed Atkins exhibition I attended at Tate Britain a few months prior. Atkins is among the most pivotal and disconcerting British artists of his time. He is renowned for his hyper-realistic CG animations of himself (flawless skin, awkward movements) that play with the virtual portrayal of human sentiments. 

Still from ED ATKINS PIANOWORK 2 2023
COURTESY: THE ARTIST, CABINET GALLERY, LONDON, DÉPENDANCE, BRUSSELS, GLADSTONE GALLERY

In The Worm, we witness a CGI Atkins making a long-distance call to his mother during a covid lockdown. The audio is taken from an actual recorded conversation. Are we observing Atkins sob or his avatar? Our focus shifts between two realms. “When an actor breaks character while performing, it’s referred to as corpsing,” Atkins has remarked. “I want everything I create to corpse.” In comparison to Atkins’s work, generative videos resemble cardboard figures: realistic yet lifeless.

A gritty and grimy tale of a talking dingo

What’s it like being a pet? Australian author Laura Jean McKay’s debut novel, The Animals in That Country, will make you regret asking. A flu-like epidemic grants individuals the ability to comprehend what animals are expressing. If that feels too Dr. Dolittle for your liking, fear not: these creatures are strange and unpleasant. Much of the time they don’t even make any logical sense. 

cover of book

With everyone now conversing with their devices, McKay’s book redefines the anthropomorphic trap we’ve all fallen into. It’s a brilliant depiction of what a nonhuman thought process might hold—and a contemplation on the challenging boundaries of communication.

January 2, 2026 0 comments
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Maduro states that Venezuela is willing to engage in discussions with the US regarding drug trafficking.
Global

Maduro states that Venezuela is willing to engage in discussions with the US regarding drug trafficking.

by admin January 1, 2026
written by admin

On Thursday, Venezuelan President Nicolás Maduro expressed his willingness to engage in discussions with the US regarding drug trafficking and oil, following weeks of increasing pressure on his administration.

In a broadcast interview with state-controlled Venezuelan television, Maduro stated he was prepared for negotiations with the US “wherever and whenever they desire”.

He also sidestepped inquiries regarding President Donald Trump’s claim that the US had targeted a docking area in Venezuela, allegedly executed by the CIA. The BBC has reached out to the White House for a response.

This comes as US military forces have focused on ships they believe are engaged in narcotics smuggling across the Caribbean and eastern Pacific over the last three months.

Overall, there have been over 30 actions against vessels as part of the Trump administration’s “war on drugs”, resulting in more than 110 fatalities since the US launched its initial attack on a boat in international waters on September 2.

The most recent attack occurred on Wednesday when two vessels allegedly carrying illegal drugs were hit, leading to the death of five individuals aboard, according to US military reports.

On Monday, Trump stated that the US had executed a strike on a “dock area” associated with purported Venezuelan drug boats, resulting in a “significant explosion”.

The explosion was attributed to a drone strike conducted by the CIA, as reported by CNN and the New York Times, which referred to sources familiar with the situation. If verified, this would mark the first confirmed US operation within Venezuelan territory.

However, Maduro was ambiguous during the interview. When asked to confirm or deny the attack, he remarked, “this could be a topic we discuss in a few days”.

In addition to drug trafficking, Maduro expressed his willingness to negotiate concerning oil and migration issues.

Without substantiating evidence, Trump has accused Maduro of “emptying his prisons and mental institutions” and “coercing” inmates to migrate to the US.

The US has also intensified its crackdown on sanctioned oil tankers entering and exiting Venezuela.

On December 10, US forces detained an oil tanker off the coast of Venezuela, claiming it was “used to transport sanctioned oil from Venezuela and Iran”. Venezuela condemned this as an act of “international piracy”.

Since that incident, the US has seized one additional oil tanker and is pursuing a third vessel.

The Trump administration has framed its operations against suspected drug traffickers as a non-international armed conflict, but legal analysts suggest these actions might breach international conflict laws.

The US has not provided evidence to confirm that the targeted vessels are engaged in drug trafficking. Nevertheless, the US Southern Command reiterated this week that “intelligence has confirmed the vessels were moving along established narco-trafficking routes and participating in narco-trafficking activities”.

January 1, 2026 0 comments
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Approximately 40 fatalities reported in fire at bar in Swiss ski resort, according to authorities.
Global

Approximately 40 fatalities reported in fire at bar in Swiss ski resort, according to authorities.

by admin January 1, 2026
written by admin

Approximately 40 individuals have perished following a devastating fire that swept through a bar in a ski resort located in southern Switzerland, according to police reports. An additional 115 individuals sustained injuries, with many being described as “severely” harmed.

The blaze erupted around 01:30 (00:30 GMT) during New Year festivities in a bar named Le Constellation in Crans-Montana.

Authorities looking into the event have yet to confirm the reason, but have firmly ruled out any possibility of an attack.

Individuals from various nations have been impacted. Frédéric Gisler, the regional police commander, indicated that the immediate focus in the upcoming days would be on identifying the deceased “to ensure their bodies can be returned swiftly” to their relatives.

Thirteen helicopters, 42 ambulances, and 150 emergency personnel were dispatched overnight to the fire’s location in the Valais area, which is a favored destination for tourists.

Most of the injured suffered from severe burns, with 60 individuals transported to the Sion hospital in Valais, and a “significant number” reported to be in critical condition, according to Regional governor Mathias Reynard.

The intensive care unit was fully occupied, and Reynard emphasized that the local community must exercise extra caution to prevent unnecessary hospital visits.

“We are painfully aware that the process of identifying the deceased and the injured may take an excruciatingly long time for the families involved,” Reynard added.

Some victims have been transported to hospitals in other Swiss cities, including Lausanne and Zurich, which feature specialized burn units.

A representative from Lausanne University Hospital reported that they were managing 22 patients with burn injuries, while Zurich University Hospital stated that 12 patients were being treated for burns.

Some patients were shifted to Geneva University Hospitals, receiving treatment for severe “third degree” burns, and were described as “very young… between 15 and 25 years of age”, Dr. Robert Larribau told the BBC’s World Tonight program.

“The fire ignited with such intensity that the burns can be internal. Individuals inhaled toxic smoke into their lungs,” Dr. Larribau noted.

Richard Hagger, president of the UK Association of Fire Investigators, elaborated on the “flashover” phenomenon believed to have contributed to the fire’s lethal nature.

“Initially, a fire ignites, the flames and heat radiation reach the ceiling and spread outwards,” he explained to The World Tonight.

“This thermal radiation then cascades down onto additional combustible materials, such as furniture, increasing the temperature to the point where they break down thermally and release flammable gas.

“Subsequently, that gas catches fire, igniting rapidly. Hence, the room essentially transforms into a fully engulfed fire within moments.”

The Italian Foreign Ministry informed the BBC that 16 Italian citizens are currently unaccounted for, and between 12 and 15 others are receiving hospital care.

The French foreign ministry reported that eight of its nationals are missing and did not exclude the possibility that French citizens may be among those deceased.

French media stated that at least two of the injured are French citizens.

Three Italian nationals were being relocated to Milan’s Niguarda hospital, which has a significant burn unit, Italian councillor Guido Bertolaso mentioned.

They suffered burns covering “30-40% of their bodies,” he informed reporters, remaining intubated, but “the ability to transfer them is a positive sign.”

The exact count of fatalities and injuries remains uncertain, along with the nationalities involved; however, officials have affirmed that multiple nationalities were affected.

During a press briefing on Thursday evening, officials indicated they were unaware of how many individuals were present in the bar at the time of the fire’s outbreak.

State councillor Stéphane Ganzer described the bar as hosting a “young festive crowd” during the New Year’s Eve celebration.

Attorney General Beatrice Pilloud stated that a probe was underway “to ascertain the circumstances that led to this tragic event.”

She was questioned by reporters at the press briefing about speculations that champagne bottles equipped with flares might have started the fire and whether the staircases were “very narrow”.

She replied that she could not verify anything while the investigation is still in progress.

Ms. Pilloud noted that the staircases appeared to be narrow, but investigations would evaluate if they complied with standards.

She mentioned that “multiple theories” regarding the cause of the fire have surfaced, with the predominant hypothesis being a “general fire that led to conflagration” – a significant fire resulting in extensive damage, as opposed to an explosion.

Several witnesses have been interviewed, and phones have also been retrieved for examination.

“At no point is an attack being considered,” she asserted.

Efforts are continuing to identify the victims and return bodies to families as swiftly as possible, Ms. Pilloud stated, adding: “Significant work is necessary to achieve that. This extensive work will necessitate the closure of the area.”

The Italian ambassador to Switzerland, Gian Lorenzo Cornado, remarked that it could take weeks to identify the deceased.

A helpline has been established for families: +41 848 112 117

The fire was “one of the gravest tragedies our country has faced,” Swiss President Guy Parmelin informed reporters.

Local residents convened to honor the deceased and wounded at a vigil at Montana Station Church on Thursday evening, and floral tributes were placed near the fire site.

Crans-Montana, a high-end ski resort, gained fame in the 1980s for hosting World Cup skiing events.

Le Constellation, which has been in operation for many years, features an upper level with television screens where patrons watch football matches, alongside a spacious bar on the lower level for socializing and dancing.

The UK Foreign Office expressed that its “thoughts are with all affected by this horrific tragedy” and that consulate staff were prepared to assist any British nationals impacted.

King Charles conveyed his and his wife Queen Camilla’s “deep sadness” upon learning of the fire, describing it as “utterly heartbreaking that a celebration night for youths and families has turned into such a nightmarish tragedy.”

French President Emmanuel Macron stated that France was admitting the injured from Crans-Montana to its hospitals.

European Commission President Ursula von der Leyen mentioned that the EU is collaborating with Swiss authorities to provide medical assistance to victims via the EU’s civil protection mechanism.

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