‘I Am a Prisoner of War’: Venezuela’s Maduro Asserts His Innocence in First U.S. Court Appearance
Deposed Venezuelan President Nicolas Maduro pleaded not guilty to drug trafficking charges in a New York court on Monday, calling himself a “decent man” and “a prisoner of war” as he made his first U.S. court appearance since he was captured by American forces over the weekend. Maduro is accused of narco-terrorism and conspiracy to import cocaine, among other charges. His wife, Cilia Flores, and son, Nicolás Ernesto Maduro Guerra, have also been charged, as have other Venezuelan officials. They could face life sentences if convicted. The deposed Venezuelan leader repeatedly proclaimed his innocence during the arraignment, which took place shortly after noon on Monday. “I am innocent. I am not guilty of anything that is mentioned here,” Maduro said, wearing a blue prison uniform, before Judge Alvin K Hellerstein. Flores entered her own not guilty plea after her husband. “Not guilty. Completely innocent,” she said. Maduro also asserted that he remains the leader of Venezuela, saying, “I am still president of my country.” Flores similarly called herself the “first lady of the Republic of Venezuela” before entering her plea. Maduro’s lawyers are expected to argue that he is immune from prosecution due to his position as the president of a foreign state. The U.S., however, does not recognize Maduro as the legitimate leader of Venezuela, having rejected his last two electoral victories. Near the end of the hearing, Maduro attorney Barry J. Pollack said that his client was “head of a sovereign state and entitled to the privilege” of such a position and that “voluminous” filings related to the “legality of his military abduction” would precede a trial. The court proceedings lasted just under 30 minutes, and Maduro and Flores agreed to remain in custody for the time being. Flores’s attorney Mark Donelly said that she required medical attention due to injuries to her ribs. As he exited the courtroom, a man called Maduro “illegitimate,” to which Maduro responded in Spanish, “I am a kidnapped president,” and called himself “a prisoner of war.” Maduro’s next court date is set for March 17.Hegseth praises Asian allies for 'burden-sharing,' calls out China's role in the region
Hegseth said that China cannot impose its hegemony on U.S. partners and allies in the region.
Cattle Falls Lower on Friday
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Soybeans Slip Lower into Month End
Soybeans saw fractional losses in some deferreds, with nearbys down 7 ¾ cents on Friday. July was down 9 ¾ cents this week. The cmdtyView national average Cash Bean price was down 9 1/4 cents at $11.25 3/4. Soymeal futures were down $2.20 to $4.30, with July down $2.10 on...
Hogs Face Pressure to Close Out May
Lean hog futures were down 80 cents to $2.62 at the close, as June was up just a dime on the week. USDA’s national base hog price was reported at $93.23 on Friday afternoon, down 41 cents from the day prior. The CME Lean Hog Index was back up 34...
Corn Faces Month End and Outside Pressure on Friday
Corn futures posted 2 to 9 cent losses across the board on Friday with money coming out at month-end. July fell 16 ½ cents this week. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of the weekend, with the President looking over the proposed agreement...