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The Philippine Senate was locked down with military personnel seen entering the building where a senator wanted by the International Criminal Court had sought refuge.
Rounds of gunfire were heard but officials have not revealed who who fired the shots. They said there were no casualties.
Senator Ronald Dela Rosa said earlier he believed his arrest was imminent and urged Filipinos to prevent it. He is safe and with security personnel, officials said.
He is accused by the ICC of killing dozens of people when he was police chief during former president Rodrigo Duterte's war on drugs, in which thousands of alleged dealers were shot and killed. Duterte has been held at The Hague since March 2025.
TV footage showed police commandos in fatigues entering the Senate building in Manila early on Wednesday evening, with anti-riot policemen with shields and helmets surrounding the perimeter.
Protesters outside the Senate demanded Dela Rosa's detention, calling for him to be sent to stand trial with Duterte.
Duterte has refused to recognise the ICC proceedings, arguing that during his presidency in 2019 the Philippines had pulled out of the Rome Statute, the ICC's founding agreement.
But last month, judges in the ICC's Pre-Trial Chamber rejected that argument on the grounds that the alleged crimes had happened between 2011 and 2019 - while the Philippines was still a member of the ICC - paving the way for Duterte to stand trial.
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Bafta-nominated Toxic Town star Jodie Whittaker said everybody should know the true story behind the drama.
The Netflix series follows the real-life battle of families in Corby, Northamptonshire, whose children were born with defects in the 1980s and '90s.
In court, it was argued that toxic airborne pollutants from the town's demolished steelworks had harmed unborn babies.
Whittaker said: "I didn't, shamefully, know anything about it before I read the script."
In 1980, millions of tonnes of contaminated waste were taken to Deene Quarry, on the outskirts of town, as part of clearing the steelworks.
In 2009, 18 families took Corby Borough Council to the High Court.
A judge ruled in their favour, and the council was found negligent in managing the waste, after the court was told the heavy metal cadmium was identified at the former steelworks
Whittaker, 43, was nominated for her role as real-life mother Susan McIntyre
Speaking on the red carpet ahead of Sunday's awards, she said: "I think what [writer] Jack Thorne has done has put this story [out there] and shared it with everybody in a way that has been completely accessible.
The mothers are incredible and have absolutely shared all of their personal trauma and journey through it, and we were lucky enough to be able to play the roles of the real people."
The show also starred Aimee Lou Wood, as Tracey Taylor, and Claudia Jessie as Maggie Mahon - also real-life Corby mothers.
Whittaker lost out on the leading actress Bafta to Narges Rashidi, who also played a real-life person: Nazanin Zaghari-Ratcliffe in BBC One's drama Prisoner 951.
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US President Donald Trump has said the military operation to guide stranded merchant ships through the Strait of Hormuz will be paused just two days after he announced it.
Trump declared on Sunday that "Project Freedom" would begin the next morning in an attempt to unblock the crucial waterway which Tehran has effectively closed since the start of the US-Israel war with Iran.
Iran's threats to ships using the strait - through which some 20% of the world's oil and gas flows - has led to large increases in the oil price and fears for the global economy.
But 50 hours later the president posted that the mission was being put on hold "for a short period of time
His decision came on the same day his defence secretary had declared the US was "leading with strength, clarity and purpose for the benefit of the entire world".
BBC Verify has put together a timeline of what happened during the two days of "Project Freedom".
At 18:52 Washington time (23:52 BST) he posted on Truth Social saying the decision had been made by "mutual agreement" because there had been "great progress" towards a deal with Iran.
Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed," the president posted.
The project - which Hegseth said earlier the same day was part of a "laser-focused strategy" - had been put on hold.
A little over four hours before Trump's announcement a ship belonging to the French CMA CGM group was hit in the Strait of Hormuz - injuring some of the crew and damaging the vessel.
According to the shipping publication Lloyd's List ship owners and insurers said "Project Freedom" had not given them "sufficient clarity or credible protection to justify resuming transits" through the strait.
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A former senior Drug Enforcement Administration (DEA) agent who once oversaw the agency’s financial operations has been indicted for conspiring to launder millions of dollars in narcotics proceeds for Mexico’s Jalisco New Generation Cartel (CJNG), according to federal prosecutors in Manhattan
Paul Campo, who served the DEA for 25 years and rose to become Deputy Chief of the Office of Financial Operations, is accused of laundering $750,000 in cartel cash by converting it into cryptocurrency and agreeing to launder an additional $12 million. Prosecutors say Campo also facilitated a payment for 220 kilograms of cocaine, valued at roughly $5 million, while boasting of his prior law enforcement expertise.
Campo, alongside co-defendant Robert Sensi, allegedly met with a confidential source posing as a CJNG operative in late 2024. The indictment details how the two men offered to channel cartel money through real estate investments, advised on fentanyl production, and even explored procuring military-grade weapons and drones for the cartel.
As alleged, Paul Campo and Robert Sensi conspired to assist CJNG, one of the most notorious Mexican cartels that is responsible for countless deaths through violence and drug trafficking in the United States and Mexico,” said U.S. Attorney Jay Clayton. “By participating in this scheme, Campo betrayed the mission he was entrusted with pursuing for his 25-year career with the DEA. CJNG is a violent and corrupting criminal enterprise that New Yorkers want broken.”
DEA Administrator Terrance C. Cole emphasized the gravity of the charges: “The indictment of former Special Agent Paul Campo sends a powerful message: those who betray the public trust—past or present—will be held to account to the fullest extent of the law. We will not look the other way simply because someone once wore this badge. There is no tolerance and no excuse for this kind of betrayal.”
Campo’s career included high-profile assignments in New York, Rome, and Milan, as well as leadership roles in DEA’s congressional affairs and financial operations. He represented the agency before Congress, the Treasury, and international organizations such as Interpol and the Financial Action Taskforce (FATF).
Now, prosecutors say, the same expertise he once used to combat money laundering was turned toward aiding one of the world’s most violent cartels. Campo faces charges of narco-terrorism conspiracy, conspiracy to distribute narcotics, conspiracy to provide material support to a terrorist organization, and conspiracy to commit money laundering
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The Argentine commission in charge of investigating the Libra incident, where President Javier Milei shared info about a token with that name using his social media account, continues its advance to clarify the events that unfolded during the launch of the token.
Maximiliano Ferraro, president of the commission, highlighted that it decided to summon President Milei to correct his earlier statements about the almost null participation of Argentine citizens in Libra’s launch.
While Milei stated that “at most” 5 Argentines could have been affected by the token’s price disaster. Nonetheless, Ripio, a local exchange that listed Libra on its platform, reported that 1,329 Argentines bought Libra.
“Of the 5,000 (damaged), the vast majority are Americans and Chinese,” he affirmed in February
In addition, Ferraro revealed that the commission identified millionaire transactions between Hayden Davis, CEO of Kelsier Ventures, and Mauricio Novelli and Manuel Terrones Godoy, two crypto entrepreneurs.
Agustin Rombola, a local attorney, labeled these transactions as bribes, based on an earlier report of the prosecutor in charge of the case, and requested the arrest of the two crypto entrepreneurs.
The movements might help to clarify the organization behind Libra, and if there really were bribes leading to the participation of one or several individuals in its promotion. Statements made before by Davis point in this direction, with messages allegedly pointing to Karina Milei, Milei’s sister, as a contact between Libra’s people and the current administration.
This could clarify the responsibilities of the individuals who launched Libra, and help the over 44K users affected to receive some kind of compensation.
While it is unlikely that President Milei will answer the congressional summons, it could involve a more serious petition to Argentine courts to compel President Milei to assist by force.
The courts and their decision over the arrest request of the two cryptocurrency entrepreneurs will be key for further advancing the probe with fresh information.
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Trump delivered the speech on Wednesday evening, warning Iran would be brought “back to the Stone Ages” within two to three weeks. The address erased gains built in the prior session on reports of possible de-escalation and a potential reopening of the Strait of Hormuz. Investors had priced in a quick end to the conflict that began Feb. 28, 2026. That trade unwound real fast.
West Texas Intermediate (WTI) crude climbed as high as $111.50 per barrel intraday, a gain of roughly 11%. WTI now stands at $103.6 at the day’s close. Brent crude reached approximately $108 per barrel and sits there at press time. Fuel-sensitive stocks absorbed the hit immediately. Delta Air Lines, United Airlines, American Airlines, Carnival, Royal Caribbean, and Norwegian Cruise Line each fell between 2% and 4%.
The Dow Jones Industrial Average shed about 0.3%, closing near the 46,400 level after ending April 1 at 46,565.74. The S&P 500 dropped roughly 0.1% to 6,582.68, trading between a low of 6,474.94 and a high of 6,601.91 on volume of approximately 2.62 billion shares. The Nasdaq Composite also fell about 0.1%, settling near 21,800.
Tesla led declines among large-cap technology names, falling over 5% on weak delivery figures. Most of the other Magnificent Seven stocks also moved lower. Chip and memory names stayed volatile as concerns around artificial intelligence spending continued to circulate.
Defense and aerospace stocks held up. The Trump administration’s proposed $1.5 trillion defense budget for fiscal year 2027, reported by Bloomberg, continues to draw capital into the sector. Boeing and Caterpillar maintained momentum from the prior session. The proposal would represent the largest annual increase in U.S. military spending since World War II.
One standout was Globalstar, ticker GSAT, which surged on reports of a potential Amazon acquisition. Nike pulled back on soft consumer data.
Gold futures fell nearly 3%, settling around $4,680 per ounce. Spot gold traded in the $4,664 to $4,695 range. A stronger dollar, up roughly 0.3%, and reduced expectations for Federal Reserve rate cuts weighed on both metals. Silver dropped between 4% and 6% at points during the session, trading in the $70.80 to $72.30 per ounce range. Both metals remain sharply higher year-to-date, given sustained conflict-driven demand.
Bitcoin traded at approximately $67,024 at Wall Street’s close, down about 1.6% from April 1 levels. The coin touched a session low near $65,789. Ethereum fell 3% to 4%, hovering around $2,059. Total crypto market capitalization declined roughly 2% intraday to approximately $2.3 trillion. Bitcoin’s dominance held near 58%. Solana and XRP also moved lower
The 10-year Treasury yield slipped below 4.31%. Safe-haven flows were mixed, with some demand for Treasuries offset by the dollar’s strength and oil-driven inflation concerns. Markets will be closed on Friday for Good Friday. Bond trading ended at 2 p.m. Eastern time. The next major catalyst is the March jobs report, scheduled for Friday release, which investors will review when trading resumes Monday.
April 1 had posted solid gains across all three major indices: the S&P 500 rose 0.7%, the Nasdaq added 1.2%, and the Dow gained 0.5%. Those moves reflected confidence that the Middle East conflict was near resolution. April 2 showed how quickly that confidence can break.
The dominant themes heading into next week are the Iran conflict, oil prices, the $1.5 trillion defense budget’s path through Congress, and any signals from the Federal Reserve on inflation expectations tied to energy costs.
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The early years of the decentralized finance (DeFi) boom were defined by a wild west approach to interoperability. As the blockchain ecosystem fractured into dozens of competing networks, the industry rushed to build “bridges”—digital conduits designed to move value across these isolated islands.
While these third-party bridges addressed a genuine market need, they arrived with severe architectural flaws. According to Przemek Kowalczyk, co-founder and CEO of Ramp Network, the problem wasn’t the intention behind these tools, but the inherent risk in their design.
Traditional third-party bridges typically operate on a “lock-and-mint” mechanism. To move an asset from Ethereum to Solana, for example, a user locks their original tokens in a smart contract on the source chain. The bridge then mints a wrapped or synthetic representation of that asset on the destination chain.
This architecture creates a massive honeypot for hackers. Because security often depends on a small set of validators or a narrow coordination layer, the attack surface is expansive. If the central vault holding the original assets is compromised, the wrapped tokens on the other side become effectively worthless. This fragility has led to billions of dollars in losses through high-profile exploits over the past several years.
The industry is now undergoing a fundamental shift away from these traditional structures. In their place, native swap-based approaches are becoming the standard for cross-chain interoperability. Unlike bridges that rely on synthetic representations, native swaps allow users to exchange assets across chains directly. Liquidity is sourced across multiple networks, and the transaction settles into the destination asset itself.
That removes several of the trust assumptions that made many early bridges fragile,” Kowalczyk explains. By settling directly into the native asset of the destination network, the need for “wrapped” tokens—and the centralized risks associated with them—is eliminated.
As the underlying rails of DeFi become more robust through native swaps, the way users interact with those rails is also changing. The rise of artificial intelligence (AI) agents is shifting DeFi from a manual environment to an automated one.
Kowalczyk notes that agent frameworks like Openclaw are moving from experimental tools into broader integration. This transition signals a shift from theory to infrastructure, where execution becomes continuous and data-driven.
Agents can monitor liquidity, rebalance positions, adjust collateral, and route swaps without human input,” Kowalczyk says. For experienced participants, this represents a significant efficiency gain; for new users, it lowers the barrier to entry by handling the technical “heavy lifting” in the background.
This evolution is colliding with traditional finance (TradFi), particularly through the rapid adoption of stablecoins. For legacy companies that generated revenue from slow, expensive cross-border payments, stablecoins represent a paradigm shift.
Kowalczyk argues that the institutions that thrive will be those that stop viewing stablecoins as competition and start viewing them as infrastructure. Stablecoins compress settlement times and run 24/7, bypassing the traditional delays of correspondent banking.
Once someone experiences value moving at any hour and clearing in minutes, slower alternatives feel broken,” Kowalczyk observes.
While USD-pegged stablecoins currently dominate the market—reflecting the dollar’s role in global trade and reserves—the landscape is diversifying. Kowalczyk suggests that global competition with the dollar is not necessarily the right framework for other currencies.
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