Take a Quiz about this article:
Iran attacks Israel
Iran attacked Israel with over 300 drones and missiles late on Saturday evening. Israeli forces said they downed 99% of the drones and missiles with the help of Western forces. The US, UK, Jordan, and France all helped to defend Israel. The Jordanian Air Force, RAF, and USAF fighter jets downed several drones and missiles.
In contrast, French equipment and surface-air missiles neutralized the threats. This attack came after an Israeli drone strike on an Iranian Consulate in Syria killed 2 senior IRGC Generals.
Flares from interceptions in the sky over Jerusalem
Image belongs to Copyright Holder. Image from – https://www.shutterstock.com Xinhua/REX/Shutterstock
David Cameron visits America
UK Foreign Secretary David Cameron visited Donald Trump, Anthony Blinken and other officials in the US. The purpose of his visit was to discuss upcoming elections in both countries and pledge more aid for Ukraine.
He visited Donald Trump due to his major sway on the Republican party. The Billionaire had a dinner with Lord Cameron at Mar-a-lago. Lord Cameron failed to get a meeting with US Speaker of the House Mike Johnson who can bring votes to the House floor.
Currently $60 Billion of Ukraine aid is frozen in the house because the Republican majority do not view sending more aid to Ukraine as favourable for the United States.
Currently, Ukraine has been losing to Russia due to a shortage of ammunition weapons. Any aid the UK sends would be ineffective without the US also sending it.
Image belongs to Copyright Holder. Image from – https://www.reuters.com Michael McCoy/Reuters
Vietnamese Billionaire Sentenced to Death
On Thursday 11th of April, Vietnamese Billionaire and Property Tycoon Truong My Lan was sentenced to death after being charged with fraud of $44 Billion. The 67-year-old initially made her money in the 1990s by buying real estate.
In 2011, She used her wealth to merge three smaller and financially desperate banks into the Saigon Commercial Bank. Vietnamese law prohibits an individual from owning more than 5% of a bank.
Despite this, she owned approximately 90% of the bank via various shell companies. Vietnam is a Communist country, and her wealth was only possible via economic reforms in the 1980s called Doi Moi. She used her power to hire managers and executives who would approve massive loans to her. Her loans accounted for 93% of the banks’ lending.
The death sentence is intended to make the repayment of the loans faster, but most of the money cannot be recovered.
The Billions of Dollars lost to fraud is the primary reason for the Vietnamese governments crackdown on Billionaires and Politicians.
Image belongs to Copyright Holder. Image from –https://www.forbes.com https://www.afp.com/en/news-hub https://www.gettyimages.co.ukAFP via Getty Images
All Images belong to copyright Holders.
Cover Image – https://apnews.com
If you want to read more Political or Financial articles, visit: