FTX founder Sam Bankman-Fried was recently sentenced to 25 years in prison for his part in a massive fraud and conspiracy that led to the downfall of his cryptocurrency exchange and related hedge fund. The sentencing took place in a Manhattan federal court and was met with mixed reactions from both the prosecution and the
Politics
In a recent speech at a solar company in Georgia, Treasury Secretary Janet Yellen expressed serious concerns about China’s trade practices in the clean energy sector. Yellen warned that China’s approach to global markets is tantamount to using them as a dumping ground for its surplus clean energy products, such as solar power, electric vehicles,
New Zealand recently accused China of engaging in “malicious cyber activity” that targeted its parliament in 2021. The government expressed its concerns about cyber attacks attributed to groups sponsored by the Chinese Government. This accusation came shortly after the U.S. and U.K. made similar claims against China, alleging that Chinese state actors were involved in
Israeli Prime Minister Benjamin Netanyahu made the decision to cancel a planned delegation to Washington following the United States’ surprising abstention in a U.N. Security Council proposal calling for a ceasefire in Gaza. Netanyahu expressed disappointment in Washington’s failure to veto the proposal, stating that it marked a significant shift in the U.S.’s previous stance.
The conflict between Russia and Ukraine escalated on Sunday as Russia launched 57 missiles and drones on various regions of Ukraine. Kyiv and the western Ukrainian region of Lviv were among the targets, with reports indicating that one of Russia’s cruise missiles briefly violated Polish airspace during the attacks. Ukraine’s air force managed to intercept
Donald Trump, the former president, recently expressed his love for Truth Social on social media, generating excitement among his followers. However, this declaration came at a time when shareholders in Digital World Acquisition Corp. (DWAC) were experiencing a sharp drop in share price. Following the shareholder approval of the merger with Trump Media, DWAC’s share
Shareholders of Digital World Acquisition Corp. recently voted in favor of a merger with Donald Trump’s social media company, which could potentially result in Trump making a substantial profit of over $3 billion. This deal has been in the works for approximately 2½ years, with plans to merge with Trump Media & Technology Group, the
The relationship between the United States and Israel has always been a complex and important one. Recently, House Speaker Mike Johnson announced that he plans to invite Israeli Prime Minister Benjamin Netanyahu to address a joint session of Congress. This invitation comes amidst criticism from Senate Majority Leader Chuck Schumer regarding Netanyahu’s handling of the
Bernie Moreno, a businessman backed by Donald Trump, emerged victorious in Ohio’s Republican Senate primary, securing his spot in a high-stakes battle against Democratic incumbent Senator Sherrod Brown in November. Moreno emphasized party unity in his victory speech, highlighting the mission to defeat Brown. This outcome sets the stage for a crucial showdown in the
President Joe Biden is set to host a White House summit with Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. next month. This meeting comes at a critical time as there are growing concerns about North Korea’s nuclear program, provocative Chinese actions in the South China Sea, and differences over a Japanese