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Alvin Holsey, Admiral Who Oversaw Boat Strikes Off Venezuela’s Coast, Retires

The admiral had abruptly announced that he would step down as the head of the U.S. Southern Command. His departure leaves several issues about the strikes unanswered.

© Rebecca Blackwell/Associated Press

Adm. Alvin Holsey became the latest in a line of at least two dozen military leaders, many of them people of color and women, who have left their jobs this year.
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Germany Accuses Russia of Sabotage, Cyberattacks and Disinformation

The German foreign ministry’s announcement, which Russia denied, was the latest suggestion of growing Russian aggression in Europe.

© Jens Schlueter/Agence France-Presse — Getty Images

People lining up to vote in federal elections in eastern Germany last February. A spokesman for the German foreign affairs ministry said Friday that Russia spread misinformation about major candidates in the general election this year.
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The Fine Art of Managing Christie’s

As more people tune in for the “theater” of high-end auctions, Bonnie Brennan is trying to convert them into clients.

© George Etheredge for The New York Times; Chagall painting © 2025 Artists Rights Society (ARS), New York, via ADAGP, Paris

Bonnie Brennan joined Christie’s in 2012, after a 15-year stint at its rival auction house Sotheby’s, and became its chief executive in February.
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A Trickle of Aid Reaches a Captured, War-Ravaged City in Sudan

A local group negotiated permission from the paramilitary force controlling El Fasher, offering a rare glimpse into conditions after a massacre.

© Malam Darfur Peace and Development

A photograph released by Malam Darfur Peace and Development showing residents receiving sacks of millet the group delivered to El Fasher, in Sudan, on Dec. 2.
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Businesses Are Cashing In on Trump’s Tax Cuts

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it.

© Dave Sanders for The New York Times

While Americans won’t begin to see tax savings until next year, some corporations, including Walmart, are already reporting reductions to their tax payments in 2025.
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Record Flooding Swamps Western Washington

A major river in the region was set to crest on Friday, with more rain on the way.

© Grant Hindsley for The New York Times

Floodwaters overtook Skykomish River Park and some nearby apartments in Monroe, Wash., on Thursday night.
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Democrats Release New Epstein Photos Documenting Ties to Trump, Clinton and Others

The images, released without context by Democrats on the Oversight Committee, reveal little new about the deceased sex offender’s ties to prominent men in politics, entertainment and finance.

© Uma Sanghvi/The Palm Beach Post, via Associated Press

Jeffrey Epstein, center, in court in West Palm Beach, Fla., in 2008. Wealthy and famous men once in his orbit have faced questions about what they knew about the accusations that he was trafficking girls.
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A Seized Oil Tanker Off Venezuela and the Big Business of Dark Fleet Smuggling

The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.

© Adriana Loureiro Fernandez for The New York Times

Oil tankers anchored at a refinery in Punto Fijo, Venezuela, in 2022. The country relies heavily on a so-called dark fleet to export its oil.
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Russia Sues Holder of Frozen Assets Europe Wants for Ukraine Loan

The lawsuit was a warning to European officials who are racing to agree to a plan to use Russian government assets in Europe to lend money to Ukraine.

© Geert Vanden Wijngaert/Associated Press

The headquarters of the Euroclear depository in Brussels. Russia’s Central Bank said it had filed a lawsuit in Moscow against the depository.
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Tech Support Scammers Stole $85,000 From Him. His Bank Refused a Refund.

A retired lawyer lost the money in a tech support scam, a type of online fraud that is surging. Citibank said it couldn’t recover the funds, which criminals wired from inside his account.

© Victor J. Blue for The New York Times

David Welles, 87, was ensnared in a tech support scam that allowed fraudsters to take over his personal devices with remote access software. They made a wire transfer of $85,000 from his bank account.
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How Ukraine Has Responded to Trump’s Peace Plan and Russia’s Demands for Territory

A Ukrainian peace plan, sent this week to Washington, pushes back against President Trump’s proposal that Ukraine give up more land for peace.

© Pool photo by Maxwells

President Volodymyr Zelensky said the Ukrainian peace proposal now being discussed consisted of three documents, one of which lays out plans for rebuilding the country.
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Historic Shift Underway in China’s Economy as Investment Slump Deepens

Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.

© Qilai Shen for The New York Times

An auto factory in Ningbo, China. The Chinese government has discouraged manufacturers of electric vehicles from engaging in ruthless competition.
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