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Hard Numbers: SBF’s illegal foray into politics, Meta’s role in Ethiopia’s war, more bad news for Trump, Kosovo’s EU long shot
Sam Bankman-Fried, who founded and led FTX, arrested in the Bahamas.
Reuters
40 million: The now-disgraced FTX founder Sam Bankman-Fried, known as SBF, pumped around $40 million into the recent US election cycle, most of which went to Democratic-aligned super-PACS. Federal prosecutors say SBF illegally siphoned these funds from his crypto hedge fund.
2 billion: Meta, Facebook’s parent company, is being sued for $2 billion for allegedly enabling inflammatory rhetoric that fanned the flames of Ethiopia’s recent civil war. Among the plaintiffs is Abrham Meareg, whose father – a Tigrayan academic – was murdered in 2021 after Facebook refused to remove provocative posts written about him.
56: Most Republican-leaning voters – 56% – would prefer Florida’s Governor Ron DeSantis to be the party’s presidential nominee in 2024, compared to 33% who favor Donald Trump, according to a new Suffolk University/USA Today poll. Don’t overestimate just one poll you say? Well, a new Wall Street Journal survey found similar results. Still, it’s early days.
5: Kosovo, Europe’s youngest state, officially applied for EU member status, in a move that’s seen as a long shot. Kosovo’s path to membership is being blocked in part by five EU member states – Spain, Romania, Slovakia, Greece and Cyprus – that don’t recognize its independence.To understand the deepening rift between the UAE and Saudi Arabia, following the UAE's exit from OPEC, GZERO spoke with Gulf expert Firas Maksad. He breaks down the tensions between Abu Dhabi and Riyadh and what "OPEC-xit" means for the region.
Chinese banks are helping with the investments.
Right-wing leaders have been consolidating power across Latin America, driven by voter frustration with rising organized crime. However, with another batch of elections coming this year and next, the right's winning streak could be under threat.