Latest news with #Paraguayan
Yahoo
3 days ago
- Business
- Yahoo
Northland Securities Reiterates a Buy on Bitfarms (BITF)
Bitfarms Ltd. (NASDAQ:BITF) is one of the 13 Crypto Stocks with the Highest Upside Potential. In a reported release on May 15, Michael Grondahl from Northland Securities maintained a Buy rating on Bitfarms Ltd. (NASDAQ:BITF) with a price target of $3.25. The rating update followed the company's announcement of its fiscal Q1 2025 results, which showed revenue growing 33% year-over-year to $67 million. However, its gross mining margin for the quarter was 43%, down from 63% in fiscal Q1 2024. A bustling server farm, reflecting the company's investment into cryptocurrency mining. Bitfarms Ltd. (NASDAQ:BITF) stated that the company undertook various executions to support its strategic pivotal to HPC and the US, including the strategic acquisition of two large power campuses in Pennsylvania with the Stronghold acquisition and the profitable disposition of one of its Paraguayan Bitcoin mining campus, Yguazu. On June 10, Bitfarms Ltd. (NASDAQ:BITF) announced the filing of a share purchase agreement with Canadian Securities Regulatory Authorities detailing a March agreement regarding the sale of all issued shares of a corporation owning a bitcoin mining site in Yguazu, Paraguay, to Hive Holdings Paraguay 1 Ltd., Hive Digital Technologies, Ltd., and Hive Holdings Paraguay 2 Ltd. While we acknowledge the potential of BITF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
USA Today
15-06-2025
- Business
- USA Today
Meijer LPGA Classic prize money payouts for each LPGA player in Michigan
Meijer LPGA Classic prize money payouts for each LPGA player in Michigan Carlota Ciganda ended a nine-year victory drought with birdies on the last two holes at Blythefield Country Club to win the 2025 Meijer LPGA Classic by a single stroke. The 35-year-old Spaniard won her previous two LPGA titles within the span of one month back in 2016. "It feels amazing, obviously, after all these years," said Ciganda. "I knew I could do it, but obviously once the years keep going and you start getting older you start doubting yourself." Ciganda collects a $450,000 winner's check from the $3 million purse. It wasn't only the winner who enjoyed a milestone week. Sofia Garcia made her first cut in five starts this season, and though a closing 73 sent her tumbling down the leaderboard, a T-14 finish earned the 26-year-old Paraguayan a healthy paycheck. Here's the full breakdown of the $1.75 million purse. 2025 Meijer LPGA Classic prize money payouts
Daily Mirror
14-06-2025
- Sport
- Daily Mirror
Man Utd to welcome £7m star compared to Rooney in huge boost for Amorim
Manchester United signed teenager Diego Leon back in January but allowed him to remain in Paraguay until the summer with the left-back compared to Wayne Rooney Manchester United will welcome Paraguayan left-back Diego Leon at the start of July after previously landing his signature in a £7million deal. The new arrival has drawn comparisons to Wayne Rooney given his impact at such a young age. The Red Devils have gone after some household names this summer but it is the lesser known individual who has been tipped to have a major impact. United paid an initial £3.3m but allowed the teenager to remain at Cerro Porteno. Playing in the Paraguayan top flight meant he was able to land regular minutes and he will hope to feature in Ruben Amorim 's plans, but will have to usurp several household names in the pecking order if he wants to be considered first choice. Paraguayan football expert Ralph Hannah, co-host of the podcast Guaraní Vision, told the MEN that Leon reminds him of a teenage Rooney, who would go on to become the club's all-time leading scorer. He said: "So far he has always played in a back four as an attacking left back, but his athleticism would suggest he would have the legs for wing back. His U17s coach Badayco Maciel told me he could play left wing. The main question marks will be tactically if he could adapt quick enough. "For United fans his shaved head and hunched shoulders that make his seem much older than he is and are reminiscent of a teenage Rooney." United have previously benefitted from going after teenage talent, only to see them blossom. Alejandro Garnacho arrived from Atletico Madrid for an initial £150,000 in 2020 and has since become a first-team member and would command a hefty fee if he were to leave, which remains a possibility this summer. Amorim has wasted no time in bolstering his ranks this summer. Matheus Cunha has signed from Wolves for just over £60m, owing to a release clause in his contract. More firepower is a priority with the likes of Viktor Gyokeres and Bryan Mbeumo being linked. United missed out on the signing of Liam Delap, who opted to join Chelsea rather than heading to Manchester. The club's dire season though emphasised the need for improvement in a majority of areas as Amorim sets about his recruitment.
Yahoo
11-06-2025
- Sport
- Yahoo
Man United agree deal to sign Southampton youngster Harley Emsden-James
Manchester United have completed the signing of Southampton youngster Harley Emsden-James, according to a well-connected source. Harley Emsden-James, 16, is a centre-back and considered one of the brightest prospects in Southampton's academy. Advertisement A host of clubs in the Premier League have expressed interested in signing the defender in recent months, including Arsenal, Chelsea and Tottenham Hotspur, as well as United. But it was the Red Devils who were 'leading the chase' to sign Emsden-James with Jason Wilcox proving influential in the pursuit as the sporting director previously worked for the Saints. Academy Scoop, an excellent source for youth football, reveals United have now 'agreed a deal' to sign the 16-year-old defender. Tweet: 'Exclusive: Manchester United have agreed a deal to sign 16-year-old Harley Emsden-James from Southampton. Advertisement Several other Premier League clubs made approaches to sign the talented centre back, but he was convinced by United's proposal of a long term project and eventual pathway.' The report reveals United's presentation of a 'long term project and eventual pathway [to the first-team]' convinced Emsden-James to choose Old Trafford, despite 'several other Premier League clubs' also making approaches. Centre Devils reveals Southampton will receive £1 million in compensation as part of the move. There has been a renewed emphasis on United securing the best young talent across world football since INEOS assumed control of the football operation at the Theatre of Dreams. Advertisement Chido Obi (17) and Ayden Heaven (18) were both captured from Arsenal while Sekou Kone (19) was signed from Mali side Guidars FC and Paraguayan starlet Diego Leon (18) will join from Cerro Porteño this summer. Both Obi and Heaven have already made their senior debuts for the Reds under Ruben Amorim this season, while a host of youngsters from the academy have been included in match-day squads or drafted in for first-team training at the Portuguese's request. The 'pathway' for youngsters at Old Trafford is clear and acts as an important gambit for the club in negotiations, as evidenced by Emsden-James rebuffing other offers in favour of United's. Follow us on Bluesky: @
Daily Maverick
10-06-2025
- Daily Maverick
How SA features in the web of ‘most-wanted' Uruguayan narcotrafficking accused Sebastian Marset
A video of wanted drug trafficking accused Sebastian Marset previously sparked suspicions about South Africa and Uruguay's most powerful cocaine cartel. Now, the US has stepped in and offered a $2m reward for his arrest. A man wearing big sunglasses and a medical mask faces the camera as he talks in Spanish while seated in what appears to be a stationary car. The footage is somewhat wobbly, suggesting he's holding a cellphone and filming himself. This man says he is Sebastian Marset – a suspected international drug trafficker and money launderer from Uruguay, who is involved in South American soccer, and who has an astounding past that bleeds into high-level political scandals. The 34-year-old, whose full name is Sebastian Enrique Marset Cabrera, is accused of heading the Primer Cartel Uruguayo, or First Uruguayan Cartel. He was recently added to the United States Drug Enforcement Administration's (DEA) most wanted list. In May 2025, the DEA also offered a reward of up to $2-million for information leading to Marset's arrest. That reward is linked to the biggest investigation into cocaine trafficking in Paraguay's history. South Africa and suspicions A few years ago, in August 2022, the video of Marset, showing him talking while apparently seated in a car, was sent to overseas media. In it, he distanced himself from several accusations. This country fits into this saga because the video was apparently sent from a South African cellphone number. That same month, August 2022, international affairs prosecutor Manuel Doldan was quoted in Paraguayan media saying Marset's location was under investigation to determine if he had been in South Africa or if technology was used to mask where the video was actually sent from. Emails from Daily Maverick to an address listed for Doldan were not responded to last week. The Embassy of Uruguay in South Africa told Daily Maverick: 'The Embassy… does not have any comments regarding your questions.' When Daily Maverick asked the Hawks if Marset had been flagged in this country, spokesperson Colonel Katlego Mogale asked if this journalist had a case number. The journalist did not have a case number and did not query a specific crime, but whether authorities were aware of Marset. No answer was provided by the time of publication as to whether the Hawks had flagged him. In 2023, police in Bolivia tried to arrest Marset, who later released another video effectively thanking officers there for tipping him off about that plan. Several other issues tied to Marset, meanwhile, are indirectly connected to South Africa. Detained, Dubai, released Dubai is central to one of these. Daily Maverick has before reported on how a drug trafficking 'supercartel', consisting of various crime groups from several countries, was headquartered there. The so-called supercartel appeared to have ties to places including Durban. As for Marset, in 2021 he was detained in Dubai because of an issue relating to a false passport. He managed to get another passport while in custody – this became a scandal that saw the resignation of Uruguayan government officials – and was released from Dubai detention in early 2022. Marset, according to the US, is now ' a most-wanted fugitive throughout the Southern Cone of South America, charged with organised crime violations in Paraguay and Bolivia'. Brazil There were previous suspicions that he may have been in Mozambique. These were similar to suspicions, some later confirmed, that once surrounded Brazil's Gilberto Aparecido Dos Santos, who headed the notorious First Capital Command gang, to which Marset is suspected of having ties. Daily Maverick has previously reported that Dos Santos used false documents in South Africa under the name of Luiz Gomes de Jesus before he was arrested in Mozambique in 2020. In 2022, Dos Santos was sentenced to 26 years in jail in Brazil for crimes including drug trafficking. Strong narco-conduits connect South Africa and Brazil. Marset's alleged drug trafficking organisation operated via various countries, including Brazil. Transnational money laundering Last month, on 21 May, the US Attorney's Office for the Eastern District of Virginia announced that an indictment against Marset had been unsealed 'for his alleged role in laundering proceeds of his drug-trafficking organisation'. A statement also said that Federico Ezequiel Santoro Vassallo, also known as Capitan, was someone close to Marset and had pleaded guilty to laundering narco-trafficking income. It alleged Marset was the head 'of a large-scale drug trafficking organisation that distributed thousands of kilograms of cocaine, including as many as ten tons at a time, from South America typically to Europe.' 🇵🇾 | Paraguay dismissed an alleged letter sent by Sebastián Marset in which he offered to turn himself in in exchange for his wife's freedom. Learn more about this character and his criminal network here: — InSight Crime (@InSightCrime) June 6, 2025 Cocaine was allegedly trafficked in places including Bolivia, Paraguay, Belgium and Brazil. 'Santoro and, allegedly, Marset threatened violence to protect their drug-trafficking and money laundering activities,' the US attorney's office statement said. 'In January 2021, Marset allegedly was owed more than €17-million from the proceeds of a single shipment of cocaine. 'Santoro arranged the collection and laundering of at least €5-million of those funds, the vast majority of which was laundered using the US banking system.' As for Marset, the $2-million reward (which is in addition to a $100,000 reward Bolivia offered in 2023) for his arrest and conviction came about after a project codenamed Operation A Ultranza Py. Reward poster for Sebastian Marset, US Department of State. The US described it as: 'The largest and most consequential organised crime investigation… against cocaine trafficking in Paraguayan history.' In the family Last year, Marset's partner Gianina García Troche was detained in Spain. She was reportedly extradited from there to Paraguay a couple of weeks ago. 🇵🇾 | Gianina García Troche landed in Paraguay following extradition for her alleged role in Sebastián Marset's money laundering network. Learn more about her case on others facing charges in our analysis: — InSight Crime (@InSightCrime) May 21, 2025 The year before her detention, in December 2023, Marset's brother Diego Nicolás Marset Alba, who is now about 24 years old, was arrested in Brazil. '[He] had been avoiding arrest for many years by using multiple false identities from Bolivia, Brazil, Paraguay and Uruguay,' a statement by the international police organisation, Interpol, said at the time. The timing of the younger Marset's arrest was connected to his wife's pregnancy. 'Interpol shared intelligence that his wife was nearing childbirth in Foz de Iguacu, Brazil,' the statement said. 'Foreseeing Marset's potential visit to Brazil for the birth, officers from Brazil's Federal Police monitored the wife's residence and arrested the fugitive when he arrived at her home.' Interpol's statement said that Diego Marset was suspected of being 'a central figure in the trafficking of drugs from South America to Europe and is also linked to several high-profile killings.' Prosecutor killed in Colombia Accusations around the elder Marset and one specific high-profile 2022 killing emerged previously. In May 2022, Paraguayan prosecutor Marcelo Daniel Pecci Albertini, better known as Marcelo Pecci, was fatally shot on a beach while on honeymoon with his wife in Colombia. Pecci worked against drug trafficking and organised crime. The US Department of State had offered a $5-million reward for information leading to Pecci's killers. Information regarding the co-conspirators should be reported to the Paraguayan Public Ministry and the Drug Enforcement Administration. — US Dept of State INL (@StateINL) November 17, 2022 'Five of… six individuals were arrested in Colombia and quickly convicted and sentenced to 23½ years of imprisonment. 'One of the transporters remains a fugitive,' a department statement from 2022 said. 'Investigators are also seeking those individuals believed to have hiredthe hit team in Colombia.' Pecci's murder happened about three months after Marset had been released from detention in Dubai and about three months before the video of him, with possible ties to South Africa, surfaced. La investigación sobre el asesinato del fiscal paraguayo Marcelo Pecci cometido por el narcotraficante uruguayo Marset en territorio colombiano demuestra que hace mucho el narco dejo de ser un problema bilateral colombo estadounidense y es hoy un problema americano y mundial. — Gustavo Petro (@petrogustavo) August 12, 2022 Marset's name has before been referred to concerning what happened to Pecci. Colombian President Gustavo Petro posted on X about Marset. One of his posts (translated from Spanish) says: 'The investigation into the murder of Paraguayan prosecutor Marcelo Pecci by Uruguayan drug trafficker Marset in Colombia demonstrates that drug trafficking long ago ceased to be a bilateral Colombian-American problem and is now an American and global problem.' DM
