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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

December 14, 2022

Gabrielle Debinski

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.

GZEROMEDIA

Can the IMF change to help more women?

Matthew Kendrick

When a country hits rock bottom financially, the International Monetary Fund is meant to step in with funds to stabilize the economy without damaging its society — or the gender gap. But studies show that these programs often push women out of work at a disproportionate rate to men as the economy contracts. Matthew Kendrick reports from the World Bank-IMF Annual Meetings on a push to build more equitable programs.

North Korean troops move into Russia’s border area with Ukraine

Russia's President Vladimir Putin and North Korea's leader Kim Jong Un attend a farewell ceremony before Putin's departure at an airport in Pyongyang, North Korea June 19, 2024.

Gavriil Grigorov/Reuters

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

GZEROMEDIA

Will Japan’s LDP lose its grip on power?

October 23, 2024, Kamagaya, Japan - Japanese Prime Minister and leader of the ruling Liberal Democratic Party (LDP) Shigeru Ishiba reacts to his supporters after he delivered a campaign speech for his party candidate Hisashi Matsumoto for the general election at Kamagaya in Chiba prefecture, suburban Tokyo on Wednesday, October 23, 2024.

(photo by Yoshio Tsunoda/AFLO)

As Japan heads to the polls this Sunday, Prime Minister Shigeru Ishiba’s decision to call an early election just weeks after taking office is turning out to be a high-stakes gamble.

Global economy at risk if Middle East conflict expands, says World Bank's Ayhan Kose

- YouTube

youtu.be

While the global economy shows signs of growth and decreasing inflation, the near future involves risks, including the escalation in the Middle East impacting oil prices, strained China-US relations, and an increasingly challenging tariff and trade environment, said Ayhan Kose, World Bank Deputy Chief Economist. He discussed the geopolitical tensions influencing the global economy with GZERO's Tony Maciulis at the IMF and World Bank Annual Meetings in Washington, DC, in a GZERO Global Stage interview.

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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

GZEROMEDIA

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North Korean troops move into Russia’s border area with Ukraine

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

GZEROMEDIA

Georgia’s vote: A contest between Russia and the West

Georgian Dream insists the country is still on track to join the EU, as critics accuse the party of pushing Georgia in an increasingly anti-Western, authoritarian direction.

Graphic Truth: BRICS economies eclipse the G7

In 2001, a Goldman Sachs economist coined an acronym for the four largest and most promising “emerging market” economies: Brazil, Russia, India, and China became known as the “BRIC” countries.

Texas showdown: Trump and Harris target the different sides of gender divide

With the latest polls still showing Donald Trump and Kamala Harris neck and neck in the swing states, both candidates are heading to Texas, a far less competitive state, with hopes of reaching key voter groups nationwide.

Will Japan’s LDP lose its grip on power?

As Japan heads to the polls this Sunday, Prime Minister Shigeru Ishiba’s decision to call an early election just weeks after taking office is turning out to be a high-stakes gamble.

Global economy at risk if Middle East conflict expands, says World Bank's Ayhan Kose

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

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

More from GZERO Media

This week World Bank announced a bold initiative to bridge the gender divide by creating more economic opportunity, broadening female leadership, and reducing gender-based violence in the next 5 years as 2030 approaches.

There are times when we need more context, and there are times when we do not. How do we tell the difference?

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

Georgian Dream insists the country is still on track to join the EU, as critics accuse the party of pushing Georgia in an increasingly anti-Western, authoritarian direction.

In 2001, a Goldman Sachs economist coined an acronym for the four largest and most promising “emerging market” economies: Brazil, Russia, India, and China became known as the “BRIC” countries.

With the latest polls still showing Donald Trump and Kamala Harris neck and neck in the swing states, both candidates are heading to Texas, a far less competitive state, with hopes of reaching key voter groups nationwide.

As Japan heads to the polls this Sunday, Prime Minister Shigeru Ishiba’s decision to call an early election just weeks after taking office is turning out to be a high-stakes gamble.