Hard Numbers: Chile makes inflation error, Trump indicts ex-ally, Gaddafi’s son seeks freedom from Lebanon, China conduct military purge
Latin America News Agency via Reuters
Latin America News Agency via Reuters
$117 million: Chile’s government admitted it double counted inflation when setting electricity rates, costing consumers about $117 million. The error triggered a 2% rate cut for January, sent inflation expectations below target, and cost Energy Minister Diego Pardow his job.
18: Former National Security Adviser John Bolton was indicted on 18 counts of mishandling classified information, having been accused of sharing over 1,000 pages of top-secret “diary” notes with family via personal email and apps. Bolton denies wrongdoing, calling the case political. If convicted, the 76-year-old could face life in prison.
$11 million: A Lebanese judge has set bail for Hannibal Gadhafi – the son of the assassinated Libyan dictator Moammar Gadhafi – at $11 million. The younger Gadhafi has been jailed in Beirut for a decade, after Lebanese militants abducted him in an apparent bid to gain information about a Shiite cleric. He hasn’t faced any formal charges.
9: Chinese President Xi Jinping ousted nine high-ranking military officers, including the second-most senior general, in an apparent crackdown against corruption and disloyalty. All nine will face court martial.