Colombian Senator and presidential hopeful Miguel Uribe Turbay was critically injured in an assassination attempt during a campaign rally in Bogotá’s Fontibón neighborhood on Saturday. The 39-year-old, a member of the conservative Democratic Centre party, was shot multiple times, including twice in the head and once in the knee. He was immediately transported to Fundación Santa Fe hospital, where he underwent emergency neurosurgical and vascular procedures. His wife, María Claudia Tarazona, has called for prayers as he “fights for his life.”

A 15-year-old suspect was apprehended at the scene with a firearm. Authorities are investigating potential accomplices and have offered a reward for information leading to the capture of all those responsible.

The attack has drawn widespread condemnation from political leaders across Colombia and Latin America. President Gustavo Petro expressed his condolences, stating, “Respect life, that’s the red line.” Former President Álvaro Uribe Vélez also condemned the act, calling it an attack on “the hope of the country.”

Miguel Uribe Turbay is the son of journalist Diana Turbay, who was kidnapped and killed in 1991 during a botched rescue operation by the Medellín Cartel. He is also the grandson of former President Julio César Turbay Ayala. Uribe Turbay announced his candidacy for the 2026 presidential election in March 2025.

The incident has reignited concerns over political violence in Colombia, reminiscent of the 1990s when several presidential candidates were assassinated. Authorities have vowed to ensure a thorough investigation and bring those responsible to justice.

On June 2, 2025, American Airlines Flight AA780 from Philadelphia (PHL) to Naples (NAP) found itself in a major bind after a seemingly simple aircraft swap turned into a full-blown operational blunder. The flight, initially scheduled to be operated by a Boeing 787-8, was switched to a larger Boeing 787-9 for operational reasons. However, this swap led to a critical error, as the 787-9 wasn’t certified to land at Naples Airport, forcing the flight to divert mid-air to Rome.

The Aircraft Swap That Went Wrong

The aircraft took off from Philadelphia at 7:42 PM without any issues. However, as the flight was preparing to land in Naples, the crew realized that the 787-9 was not authorized to land at the airport. Despite clear weather conditions, the airport’s limitations—especially regarding runway size and taxiway capacity—made the 787-9 incompatible with the infrastructure at Naples Airport.

This led to an immediate decision by the crew to divert the flight to Rome’s Fiumicino Airport (FCO), located about 124 miles away from Naples.

Why the Swap Was a Problem

Although the 787-8 and 787-9 are both part of the same aircraft family, the 787-9 is longer and has a higher maximum takeoff weight, which can pose challenges at airports like Naples that have constrained infrastructure.

The swap, which seemed like a small operational adjustment, turned out to be a costly mistake due to these differences in aircraft performance characteristics. This issue underscores the need for airlines to thoroughly check whether an aircraft is compatible with its destination airport before making changes.

The Response and Logistical Challenge

After the diversion to Rome, American Airlines had to face the logistical nightmare of repositioning the aircraft and crew. Thankfully, the airline already operated a Rome–Chicago route using a 787-8, which allowed them to swap the aircraft. The diverted 787-9 was reassigned to this route, and a 787-8 was sent back to continue the journey to Naples.

However, due to crew duty hour restrictions, the flight couldn’t continue immediately. The 787-8 and its crew overnighted in Rome, completing the remaining 38-minute flight to Naples the following day, on June 4.

The Aftermath: Were Passengers Affected?

While the flight to Naples was completed the following day, it remains unclear how the affected passengers were handled. They were likely either flown from Rome to Naples the next day or re-accommodated via alternative methods like trains or other flights.

What Went Wrong: A Lesson in Aircraft Compatibility

This incident highlights the complexities of international flight operations and the importance of verifying aircraft compatibility with destination airports. A simple aircraft swap led to a serious operational oversight, and American Airlines’ quick response minimized disruptions. However, the event raises questions about the airline’s internal communication and whether more thorough checks could have prevented the issue.

In the fast-paced world of international aviation, small mistakes can lead to big consequences, as seen in this case.

LVMH Moët Hennessy – Louis Vuitton has experienced a sharp 44% drop in share price from its all-time highs two years ago. After a period of extraordinary post-pandemic growth, many analysts are calling the decline a normalization rather than a structural downfall. While the luxury giant faced rough financials in the recent quarters, some believe this dip in LVMH’s stock price presents a unique opportunity for long-term investors.

Normalization After Pandemic Peaks

The remarkable stock surge of 46% annualized returns from March 2020 to April 2023 now appears unsustainable. The post-pandemic luxury boom, where LVMH thrived, saw the stock price spike, but it was not to last. As LVMH now faces a 44% drop, the company’s fundamentals are showing signs of stabilization, bringing the share price closer to a more sustainable level.

Despite the revenue downgrades and margin declines, the valuation of LVMH has become more attractive. Analysts suggest the market has overestimated the impact of temporary factors and that the stock is now undervalued relative to its historical P/E ratio, sitting at 19, below its 20-year average of 22.

Bumpy Financials But Room for Growth

LVMH’s Q1 2025 performance has been bumpy, with a notable double-digit decline in its Asia market, the company’s largest by revenue. However, Europe’s 2% growth offered some relief. The company’s most profitable segment, Fashion & Leather Goods, saw a 5% drop in sales during the first quarter, while Wines & Spirits were the most affected, though it only represents 6% of total sales.

Despite the challenges, LVMH’s operating margin remains well above pre-pandemic levels at 23%, signaling the company’s ongoing operational strength.

Valuation: Is It Time to Buy?

The current price-to-earnings ratio of 19 places LVMH at a discount compared to its luxury peers like Hermès, which trades at three times the valuation of LVMH. This lower valuation, combined with the company’s still-strong profitability, suggests that LVMH is undervalued relative to its competitors and historical performance.

In addition to its favorable earnings yield and cash flow yield, which imply steady growth expectations, analysts are revising their revenue growth and margin assumptions downward, presenting an opportunity for a positive surprise if expectations are met.

Global Factors: A Shift Toward European Luxury

The US-China trade tensions and global product boycotts may also shift spending toward European brands like LVMH, particularly as consumers move away from American products. This trend could potentially free up more disposable income for European luxury goods, further benefiting brands like Louis Vuitton and its parent company.

Conclusion: A Buy Opportunity?

While LVMH faces short-term hurdles, its long-term potential remains strong. The company’s reduced valuation, coupled with its dominant position in the luxury market, makes it an attractive investment for those looking to take advantage of short-term market corrections. If the company’s current financial difficulties normalize, LVMH is poised for modest growth, making it a solid international stock to consider.