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Commander Bobo, the time has come to execute order $66k. “It will be done, Lord Bogdanoff…” Okay, all jokes aside, is BlackRock Bitcoin Holdings planning a secret coup? The launch of Bitcoin exchange-traded funds (ETFs) has transformed the market, giving institutional investors an on-ramp into the once retail-led ecosystem. BlackRock’s iShares Bitcoin Trust (IBIT) is … Read more
President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates. Posting on his Truth Social platform, Trump called Powell “stubborn.” The Fed chair has been subjected to vicious verbal attacks … Read more
A criminal complaint unsealed Wednesday in the District of Utah charged four U.S. citizens with conspiring to unlawfully carry out a coup d’état in the Democratic Republic of the Congo (DRC). Marcel Malanga, 22, Tyler Thompson, 22, Benjamin Zalman-Polun, 37, and Joseph Peter Moesser, 67, are charged with conspiracy to provide material support and resources, … Read more
Musk and Trump’s relationship was cemented on July 13, 2024, when a would-be assassin came within inches of killing the former president in Butler, Pennsylvania. Musk was impressed by the photo of Trump, blood streaming down his face, raising his fist in the air and shouting “Fight, fight, fight” for the cameras. The image quickly … Read more
In his latest salvo, Sherman Kwek accused his father of being influenced by Catherine Wu, an adviser to the board of the firm’s hotel subsidiary. Read More
Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of “serious lapses of corporate governance”. Read More
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brazil’s former leader Jair Bolsonaro has been formally charged with leading a coup plot intended to keep him in power after losing the 2022 election to President Luiz Inácio Lula da Silva. The hard-right politician … Read more
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