Bolivia–Ukraine Security: Bolivia opened a criminal investigation into a recruitment network accused of luring young men with fake construction jobs and sending them to fight for Russia; prosecutors say at least 16 Bolivians are confirmed on front lines, with families reporting missing relatives and the foreign ministry seeking details from Moscow. Global Drug Trade: A new UN World Drug Report says cocaine production in South America hit a record 4,100 tons in 2024, with falling wholesale prices pointing to a growing supply glut—while smugglers shift to smaller shipments to reduce risk. AML/Finance Watch: The FATF updated its high-risk and monitored jurisdictions list, removing Algeria and Namibia from increased monitoring and adding Bosnia and Herzegovina and Iraq, signaling continued scrutiny of anti-money laundering and counter-terror financing gaps. Mining Investment Signal: New Pacific Metals released updated Carangas preliminary economic assessment results for Bolivia, reporting post-tax $2.65B NPV (5%) and 35.9% IRR, with 339M oz silver-equivalent produced over a 19-year mine life. Tourism Push (La Paz): La Paz is forecasting about 80% hotel occupancy and nearly 400,000 visitors this summer, backed by a “Safe Summer 2026” security operation. Stablecoins & Payments: Bolivia is weighing greater use of Tether’s USDT in its national payments system amid broader IMF warnings that dollar stablecoins can ease FX access but may amplify currency-run risks.