Connect with us

World

Bernard Madoff: Fraudulent billionaire dies in prison at age 82

Published

on

He was the brains behind one of the greatest investment fraud cases in financial history – and now he is Bernard Madoff At the age of 82. News agency reports AP And the TV channel NBC Fixed.

Madoff closed in 2009 150 years imprisonment To be judged. For decades, investors have been paying off their supposed dream dividends with the money of new investors. When the hoax was revealed, many lost their savings entirely.

In total, Madoff is said to have defrauded about 4,800 investors – aided by the so-called pyramid scheme. Investors’ money is not being invested profitably, as the operator believes. Instead, investors who request dividends will only receive money deposited by other new investors.

Among the victims of the Madoff fraud are celebrities such as Hollywood director Steven Spielberg and his business partner and co-founder of Dreamworks Studio, Jeffrey Katzenberg. In total, losses exceeding $ 50 billion were incurred, of which nearly a billion was incurred in Germany. At his trial, Madoff pleaded guilty to 11 counts, including fraud and money laundering.

In prison, Madoff first flaunted how well he was treated. The prison in North Carolina, where he is serving his sentence, reminds him of a college campus, which he wrote a few weeks after the commencement of his prison sentence in a letter quoted by ABC. Madoff says he’s treated with respect like a mafia boss In the letter addressed to his daughter-in-law Stephanie Mack. „As you can imagine, I’m quite a celebrity here.”

In an interview with ABC, Mac said she was „sick” after reading it. Her husband, Mark Madoff, the eldest son of the Gigantic Man, He committed suicide recentlyHe allegedly suffered severely from scandal and public contempt.

READ  More flexibility required: London: Russia is changing the basic tactical concept

In 2020, Bernard Madoff tried to obtain early release from prison on health grounds. He said at the time, he suffered from kidney disease, among other things Washington Post In a phone interview. He said, „I am terminally ill.” It lives less than 18 months. „There is no cure for my type of disease.” reques has been rejected.

Continue Reading
Click to comment

Leave a Reply

Twój adres e-mail nie zostanie opublikowany. Wymagane pola są oznaczone *

World

Russia’s „meat grinder tactics” put Zelensky in trouble

Published

on

Russia’s „meat grinder tactics” put Zelensky in trouble
  1. Homepage
  2. Policy

He presses

Volodymyr Zelensky in the Presidential Palace of Ukraine: There is more and more criticism directed at him. © Kai Netfeld/DPA

Russia uses 'meat grinder tactics’ in Ukraine. Criticism of the Ukrainian army leadership and Supreme Commander Zelensky is growing.

KIEV – “The situation on the front is very bad,” 19-year-old Margarita tells a reporter in Kiev Daily news. “I am completely dissatisfied with those responsible for this. No one is helping our boys there.” Ukraine war It is called in Ukraine As ironic as the “meat grinder tactic”: More than 1,000 Russian soldiers die every day, but the strategy is still effective. With Russia’s successes on the front, Ukrainians’ satisfaction with their government also began to decline Volodymyr Zelensky.

How is that Institute for the study of war ISW wrote in its report issued on May 2 that Russia has deployed between 50,000 and 70,000 soldiers and is preparing for the next attack. Meanwhile, Ukraine lacks soldiers and weapons.

Ukraine war: The situation on the front is bad – and trust in the media is diminishing

Ukrainian media also reflects that the situation on the front is not rosy for Ukraine. “No Reasonable Path to Victory,” is the headline Kyiv Post on Thursday, citing a US intelligence official. And even after that, the main article is no longer more positive – it talks, among other things, about the fact of discovering the activities of Russian intelligence in several European countries.

In the Independent Kyiv It concerns the possible case of Chasev Yar, reports of the terrible situation at the front, the poor mental health of soldiers and: The government advises Kiev residents not to visit churches on the upcoming Orthodox Easter on May 5 for security reasons.

READ  War in the Middle East: The UN Security Council calls for the first time for a ceasefire in the Gaza Strip

Less money, same news: criticizing the media landscape changed by the war in Ukraine

All of these are indicators that the public mood in Ukraine has become increasingly critical. And also when it comes to the report itself: like this Daily news According to reports, more and more Ukrainians are dissatisfied with the state of press freedom, and more and more Ukrainians are obtaining information via Telegram channels or local media.

With the beginning of the major Russian offensive and war in Ukraine, six TV channels merged and have been broadcasting the same news ever since. Budgets have been reduced, and the measure has been maintained. Only a third of Ukrainians still trust TV news.

An intelligence officer talks about peace negotiations with Russia – criticism of Zelensky is growing

It is not helpful that Secret Service officer Vadim Sybitsky was giving an interview in the USA Reuters Reports said that Ukraine would have to enter into peace negotiations with Russia at some point. This, while at the same time President Zelensky is promoting peace talks in Switzerland Russia It was expressly excluded.

the Daily news He spoke to journalist and Zelensky critic Yuri Butusov, who said that the army command with Supreme Commander Zelensky had lulled people into a false sense of security for a long time and made wrong strategic decisions that the troops were no longer able to correct. (cat)

Continue Reading

World

Ukraine: Macron is committed to the possibility of using ground forces

Published

on

Ukraine: Macron is committed to the possibility of using ground forces

HIt was a violation of the taboo that overshadowed the Ukraine aid conference in February: French President Emmanuel Macron stated openly that he did not explicitly rule out the use of Western ground forces in Ukraine. He explained that the Europeans do not agree on this issue, again, especially Paris and Berlin.

In a statement published today, Thursday Interview with The Economist magazine Macron has reignited the debate. “If the Russians penetrate the front lines and if Ukraine asks for it — which it has not done so far — then we will rightly have to ask ourselves that question,” Macron said of the deployment of ground forces. France is a country that has sent its forces several times at the request of other sovereign states, for example in the fight against terrorism in the Sahel region.

Macron continued that ruling something out in advance means not learning any lessons from the past two years. “At the NATO summit in the summer of 2022, we all ruled out the delivery of tanks, deep-sea missiles and aircraft. We are all doing this now, so it would be wrong to leave out the rest.

Read also

„Permanent neutrality”

Macron said: “I do not rule out anything because we are facing those who do not rule anything out either,” referring to Russian President Vladimir Putin. He continued: “Our credibility also depends on a certain ability to deter by not revealing what we will or will not do.” Russia’s aggressive reaction to his statements about sending Western ground forces showed that this position was already having an impact.

There was immediate reaction from Hungary on Thursday. “If a NATO member uses ground forces (in Ukraine), this will be a direct confrontation between NATO and Russia and thus a third world war,” Hungarian Foreign Minister Peter Szijjártó told LCI radio.

READ  USA: 10-year-old shoots mother - faces 60 years in prison

The strategic ambiguity contradicts Schulz’s policy in dealing with Ukraine

For Macron, the potential deployment of ground forces is an expression of strategic ambiguity. This approach almost means that you don’t let anyone see your papers, you don’t exclude anything, and you don’t draw any red lines. This contradicts the Ukraine policy pursued by Chancellor Olaf Scholz (SPD) and the federal government. Schulz justified his negative stance on the deployment of long-range Taurus cruise missiles by saying that the use of Taurus missiles would not be possible except with the participation of German soldiers. The federal government also details the support Ukraine has received since the outbreak of war.

Given these different schools of thought between Berlin and Paris, it is not surprising that Macron openly praised the other countries in an interview with The Economist. “Today I welcome the very strong commitment, especially from Canadians and Americans, along with the British and members of the European Union,” Macron said, referring to the announcements made by the heads of state and government at the pro-Ukrainian conference on February 26. Grant.

Read also

Stefan Sigourney was a member of the EU Parliament from 2019 until his appointment as foreign minister in January.

French Foreign Minister

Together they decided to produce in Ukraine as well, train soldiers in Ukraine, better protect the borders with Belarus and Moldova, as well as carry out maintenance on Ukrainian territory. Macron said that there is also a new alliance to supply medium-range missiles, without specifying this point. It is known that the United States is now supplying Ukraine with ATACMS missiles that can fly up to 300 kilometers. According to the international definition, medium-range missiles have a range of at least 1,000 kilometers.

Much of the interview revolves around ideas about Europe’s „strategic autonomy.” Seven years ago, Macron first coined the term in a speech at the Sorbonne University in Paris. With the war in Ukraine, Berlin and other capitals also realized that Europe must take care of its own security – including nuclear deterrence.

READ  Ukraine's missiles are made of tungsten fragments? Kiev reported that HIMARS hit the Russian camp

“Deterrence is the essence of sovereignty,” Macron told The Economist. He therefore welcomes considerations from Germany on the creation of a European missile defense shield, which France has not yet joined, or from Poland on the deployment of NATO nuclear weapons in the country. Macron stressed: “We Europeans must sit at the table to create a coherent framework.” The goal is to build a security guarantee for every European country. Non-EU member states, such as Great Britain and Norway, should also be taken into account.

Macron on China’s economic policy: „We did not want to see that”

Macron also shared his thoughts on China. President Xi Jinping is expected to visit Paris on Monday and Tuesday. Macron said he would persuade Xi to support an „Olympic ceasefire” during the Summer Olympics in Paris. The United Nations accepted a similar request from France in November.

“It is in our interest to ensure China’s commitment to the stability of the international system,” Macron said. Russia as a destabilizing force, the Middle East sliding into chaos, or Iran capable of equipping itself with nuclear weapons – none of this is in China’s interest today. „It is therefore necessary to work with China to achieve peace.”

Read also

Xiaomi SU7

But when it comes to economic policy, Macron will likely try to put some pressure on Xi. The EU Commission is currently conducting a formal anti-subsidy investigation because China appears to be pushing excess capacity of subsidized electric vehicles into the European market. The German auto industry in particular is critical of potentially punitive tariffs – including retroactive ones – because it fears retaliation in China.

READ  At the age of 86: Death of the ruling Emir of Kuwait

The Americans have stopped trying to hold China to the rules of international trade. “They responded themselves,” Macron said, referring to the Inflation Reduction Act, a massive support package from US President Joe Biden. “We Europeans did not want to see that. This is a big mistake,” Macron said. He again called for Europe to also use subsidies to build its champions in electric mobility, wind energy and artificial intelligence.

Macron talks about a deal with Merkel

Europe considered itself an open market and lived accordingly. We believed that the correct strategy to retain people strategically and geopolitically was trade. “Russia has shown us the opposite,” Macron said.

He referred to the agreement he concluded with Angela Merkel in 2018. There was an agreement with Chancellor Angela Merkel at the time, in which he abandoned his blockade against Nord Stream 2, and Merkel abandoned her blockade of nuclear energy. In 2021, Merkel agreed to classify nuclear energy as a green technology at the European Union level.

Here you will find content from third parties

In order to view embedded content, it is necessary to obtain your revocable consent to the transfer and processing of personal data, as providers of embedded content require this consent as third-party service providers. [In diesem Zusammenhang können auch Nutzungsprofile (u.a. auf Basis von Cookie-IDs) gebildet und angereichert werden, auch außerhalb des EWR]. By setting the switch to „On”, you agree to this (revocable at any time). This also includes your consent to the transfer of certain personal data to third countries, including the USA, in accordance with Article 49(1)(a) of the GDPR. You can find more information about this. You can revoke your consent at any time using the key and privacy at the bottom of the page.

Last week, Macron painted a bleak vision for Europe in a speech at the Sorbonne. He added: „Europe could die.” A similar tone was used in The Economist, albeit less decisively.

“If we Europeans want to have any impact in the world, we have to be more creative and ambitious than others, because we are missing two fundamental things. We don’t have the demographics and we don’t have the energy,” Macron said. “We have to redouble our efforts. We have to double our ambitions. Europeans are richer than they think, but they have not used their capital wisely. “There is reason for optimism as we move forward together.”

Continue Reading

World

Police disperse a Gaza protest camp on the UCLA campus

Published

on

Police disperse a Gaza protest camp on the UCLA campus

As of: May 2, 2024 at 9:18 p.m

Los Angeles police disperse a pro-Palestinian protest encampment on the UCLA campus. US President Biden has condemned the violence of the university occupiers – but does not want to call in the National Guard.

Protests over the Middle East war continue to simmer on American campuses. In many places, police units are deployed to evict pro-Palestinian activists occupying university buildings. There was also such an operation on the campus of the University of California, Los Angeles (UCLA).

Police cleared the tent camp there. The American CNN channel showed pictures of the remains of the camp at the site in the morning (local time). Officers had previously demolished the barriers that had been set up. According to the Associated Press news agency, at least 200 people were arrested during the evacuation.

Clashes at night

The authorities declared the camp on the University of California campus an “unlawful gathering” on Wednesday evening (local time). According to the Los Angeles Times, several thousand protesters gathered around the fortified tent camp and opposed emergency services, initially expelling them from the camp. Violence had already broken out the night before when supporters of the opposition side tried to demolish the protest camp themselves.

In recent weeks, many activists and students gathered at various American universities to demonstrate against Israeli actions in the Gaza Strip and in solidarity with the Palestinians. Mostly it is about demanding that universities and companies cut financial ties with Israel. While some Jewish students participate in these protests, others feel threatened and stay away from universities.

READ  Ex-president kicked out of hall: State media explain Xi's predecessor's departure uncomfortably

increase in Anti-Semitic procedures

Critics accuse the extremist part of the protest movement in particular of anti-Semitism and belittling Hamas. This denies Israel its right to exist, and on October 7, it carried out an unprecedented massacre against more than 1,200 Israelis who were living on the border with the Gaza Strip. Since then, the Tel Aviv government has been carrying out a large-scale military operation against the terrorist organization in the coastal region.

Anti-Semitic acts on campuses have increased since October 7, as have anti-Islamic attacks. In many places, pro-Palestinian activists are confronted by demonstrators showing their solidarity with the Israeli side and demanding the release of hostages still held by Hamas.

Biden: sabotage and Intimidation

US President Joe Biden explained during a speech at the White House that there is the right to protest, “but not the right to cause chaos.” There should also be no place on campus for anti-Semitism or threats of violence against Jewish students. This also applies to Islamophobia or discrimination against Arab Americans.

Biden stressed that acts of vandalism, trespassing on property, as well as “threatening and intimidating people” are not peaceful protests. The US President also made clear that the right to freedom of expression and peaceful protest is protected in the United States.

When asked by the press whether the National Guard should get involved, Biden said: “No.” The Democrat also explained that the protests did not cause him to rethink his Middle East policy. He also answered „no” to a journalist’s question.

Also popular at Dartmouth College

So far, more than 2,000 demonstrators have been arrested across the country. Before the UC campus was evacuated, there were police operations at other American universities: according to police in the city of Hanover, 90 people were arrested at Dartmouth College in New Hampshire on Wednesday evening (local time). They were charged with trespassing and resisting state authority after setting up tents at the site without permission.

READ  USA: 10-year-old shoots mother - faces 60 years in prison

In Dallas, police clearing a protest camp on the University of Texas campus detained at least 20 people who were expected to spend the night in jail, Fox4 reported. Stony Brook University in New York also announced that the demonstration that began peacefully at its headquarters had subsided. Tents were set up and other students were intimidated and harassed. 29 demonstrators were subsequently arrested, including students, employees, and non-members of the university.

200 arrests at Columbia University

More than two weeks ago, the wave of protests on the campus of upscale Columbia University in New York began with a tent camp, and was quickly dispersed by police. This approach, which was seen as particularly harsh, prompted students to do so, leading to the formation of a larger camp. Tensions such that the largely peaceful protests eventually led to the violent occupation of Hamilton Hall on the Columbia University campus. A large NYPD squad then evacuated the campus and temporarily arrested more than 200 students.

Katarina Wilhelm, Tagesschau, May 2, 2024, 4:11 pm

Continue Reading

Trending