The post Trump ‘Okay’ With Strikes In Mexico To ‘Stop Drugs’ appeared on BitcoinEthereumNews.com. Topline President Donald Trump said strikes in Mexico to disrupt drug trade are “okay with me,” telling reporters he is open to taking military action in the neighboring country as the U.S. continues to conduct deadly strikes against alleged drug boats off the coast of Venezuela. Trump commented on Mexico during an Oval Office appearance Monday. (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) AFP via Getty Images Key Facts Trump, who was asked if he would launch strikes in Mexico or deploy American troops to the country, said, “It’s okay with me, whatever we have to do to stop drugs.” Trump said he has been speaking with Mexican leaders who “know how I stand,” saying drug lords are “killing our people, that’s like a war.” The president said he would “probably” go to Congress for approval of military strikes in Mexico, though he did not do the same before greenlighting strikes off the coast of Venezuela. Forbes has reached out to the Mexico Ministry of Foreign Affairs for comment. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Tangent Trump said he would “be proud” to authorize strikes in Columbia targeting alleged “cocaine factories.” The president added, “I didn’t say I’m doing it, but I would be proud to do it because we’re going to save millions of lives by doing it.” Read More Source: https://www.forbes.com/sites/antoniopequenoiv/2025/11/17/trump-says-military-strikes-in-mexico-to-stop-drugs-are-okay-with-me/The post Trump ‘Okay’ With Strikes In Mexico To ‘Stop Drugs’ appeared on BitcoinEthereumNews.com. Topline President Donald Trump said strikes in Mexico to disrupt drug trade are “okay with me,” telling reporters he is open to taking military action in the neighboring country as the U.S. continues to conduct deadly strikes against alleged drug boats off the coast of Venezuela. Trump commented on Mexico during an Oval Office appearance Monday. (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) AFP via Getty Images Key Facts Trump, who was asked if he would launch strikes in Mexico or deploy American troops to the country, said, “It’s okay with me, whatever we have to do to stop drugs.” Trump said he has been speaking with Mexican leaders who “know how I stand,” saying drug lords are “killing our people, that’s like a war.” The president said he would “probably” go to Congress for approval of military strikes in Mexico, though he did not do the same before greenlighting strikes off the coast of Venezuela. Forbes has reached out to the Mexico Ministry of Foreign Affairs for comment. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Tangent Trump said he would “be proud” to authorize strikes in Columbia targeting alleged “cocaine factories.” The president added, “I didn’t say I’m doing it, but I would be proud to do it because we’re going to save millions of lives by doing it.” Read More Source: https://www.forbes.com/sites/antoniopequenoiv/2025/11/17/trump-says-military-strikes-in-mexico-to-stop-drugs-are-okay-with-me/

Trump ‘Okay’ With Strikes In Mexico To ‘Stop Drugs’

2025/11/18 07:57

Topline

President Donald Trump said strikes in Mexico to disrupt drug trade are “okay with me,” telling reporters he is open to taking military action in the neighboring country as the U.S. continues to conduct deadly strikes against alleged drug boats off the coast of Venezuela.

Trump commented on Mexico during an Oval Office appearance Monday. (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

AFP via Getty Images

Key Facts

Trump, who was asked if he would launch strikes in Mexico or deploy American troops to the country, said, “It’s okay with me, whatever we have to do to stop drugs.”

Trump said he has been speaking with Mexican leaders who “know how I stand,” saying drug lords are “killing our people, that’s like a war.”

The president said he would “probably” go to Congress for approval of military strikes in Mexico, though he did not do the same before greenlighting strikes off the coast of Venezuela.

Forbes has reached out to the Mexico Ministry of Foreign Affairs for comment.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here.

Tangent

Trump said he would “be proud” to authorize strikes in Columbia targeting alleged “cocaine factories.” The president added, “I didn’t say I’m doing it, but I would be proud to do it because we’re going to save millions of lives by doing it.”

Read More

Source: https://www.forbes.com/sites/antoniopequenoiv/2025/11/17/trump-says-military-strikes-in-mexico-to-stop-drugs-are-okay-with-me/

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PBOC sets USD/CNY reference rate at 7.0856 vs. 7.0816 previous

The post PBOC sets USD/CNY reference rate at 7.0856 vs. 7.0816 previous appeared on BitcoinEthereumNews.com. The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0856 compared to the previous day’s fix of 7.0816 and 7.1096 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee Secretary, nominated by the Chairman of the State Council, has a key influence on the PBoC’s management and direction, not the governor. However, Mr. Pan Gongsheng currently holds both of these posts. Unlike the Western economies, the PBoC uses a broader set of monetary policy instruments to achieve its objectives. The primary tools include a seven-day Reverse Repo Rate (RRR), Medium-term Lending Facility (MLF), foreign exchange interventions and Reserve Requirement Ratio (RRR). However, The Loan Prime Rate (LPR) is China’s benchmark interest rate. Changes to the LPR directly influence the rates that need to be paid in the market for loans and mortgages and the interest paid on savings. By changing the LPR, China’s central bank can also influence the exchange rates of the Chinese Renminbi. Yes, China has 19 private banks – a small fraction of the financial system. The largest private banks are digital lenders WeBank and MYbank, which are backed by tech giants Tencent and Ant Group, per The Straits Times. In 2014, China allowed domestic lenders fully capitalized by private funds to operate in the state-dominated financial sector. Source: https://www.fxstreet.com/news/pboc-sets-usd-cny-reference-rate-at-70856-vs-70816-previous-202511180115
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