Two Florida brothers, Michael Shvartsman and Gerald Shvartsman, have pleaded guilty in New York federal court to insider trading charges. The charges are related to their purchase and sale of securities of the company that eventually merged with former President Donald Trump’s social media firm. The brothers were able to earn more than $22 million
Politics
President Joe Biden’s recent phone call with Chinese President Xi Jinping marks an important step in the efforts to manage the strained relationship between the two superpowers. The call, described by the White House as a way for the leaders to “check in,” highlights the need for intense diplomacy to address tensions, misperceptions, and prevent
After a two-week operation, Israeli forces have withdrawn from Al Shifa Hospital in Gaza City, leaving behind a scene of devastation. Reports indicate that the hospital complex was in a state of disarray, with destroyed buildings and Palestinian bodies scattered throughout the area. Allegations have surfaced that Israeli forces executed individuals at the complex, with
The recent collapse of the Francis Scott Key Bridge in Baltimore has sent shock waves across the U.S. economy. Maryland Governor Wes Moore described it as a national economic catastrophe, emphasizing the significance of the bridge as a key shipping route for certain goods. The Port of Baltimore, which is among the busiest and most
Engineers in Maryland have initiated efforts to raise a portion of the Francis Scott Key Bridge from the waterway in Baltimore following its collapse due to a container ship collision. Governor Wes Moore emphasized the significance of this initial action, highlighting the complexities involved in the process. Baltimore Mayor Brandon Scott expressed empathy for the
Former President Donald Trump and eight other defendants are embroiled in a legal battle in Georgia after submitting a formal application to appeal a judge’s ruling. The ruling allowed Fulton County District Attorney Fani Willis to continue overseeing the case, despite allegations of a conflict of interest due to her romantic relationship with special prosecutor
The founder of FTX, Sam Bankman-Fried, has been sentenced to 25 years in prison for his involvement in a massive fraud and conspiracy that ultimately led to the downfall of his cryptocurrency exchange and related hedge fund. This sentencing comes after a trial in Manhattan federal court, where prosecutors had sought a much longer prison
China’s Dominance in Clean Energy Market Treasury Secretary Janet Yellen recently voiced her concerns about China’s role in the global clean energy market, accusing the country of using the world economy as a dumping ground for its excess capacity. Yellen highlighted the surplus of solar power, electric vehicles, and lithium-ion batteries in China, which are
New Zealand has recently accused China of engaging in “malicious cyber activity” that was linked to Chinese state actors who targeted its parliament in 2021. The government expressed concerns about this cyber activity, attributing it to groups sponsored by the Chinese government. This accusation comes shortly after the U.S. and U.K. made similar claims, alleging
Israeli Prime Minister Benjamin Netanyahu decided not to send a delegation to Washington after the United States chose not to veto a U.N. Security Council proposal calling for a ceasefire in Gaza. In a statement from his office, Netanyahu expressed his disappointment with Washington’s decision, describing it as a “clear retreat” from previous American support.
