International News
USA: Trump Raises Fresh Conflict Of Interest Concerns

Donald Trump’s impending White House return poses questions once again about conflicts of interest related to his business empire, with new cryptocurrency and other ventures raising fresh concerns.
The billionaire’s stunning political comeback is “rocket fuel for the Trump Empire,” said Mark Hass, an Arizona State University marketing professor.
After almost a decade of making headlines around the globe, Trump’s “brand is… sort of the Nike or Apple of politics,” he said.
“Everybody in the world knows what it stands for.
Trump no longer holds an executive title at the Trump Organization, which has been run by his two eldest sons since his 2016 election win.
However, the 78-year-old has retained his stake in the family business via a trust, which during his first term in office was managed by a third party.
After he left the White House, Trump made himself a co-administrator of the trust. He has yet to say if he will relinquish the position when he takes office again in January.
Regardless, according to Hass, Trump’s association with his businesses will persist.
“Maybe he does not have a direct role in it, but you couldn’t get as close to the business without directly running it, than having your sons run it and to have your name on it,” he said.
Tim Calkins, a Northwestern University marketing professor, said that Trump’s victory has likely revived the family’s brand.
“Brands are associations and at the moment the Trump brand is associated with winning, comebacks and momentum,” he told AFP.
“Trump is still a very polarizing brand, but the election outcome has strengthened the positive associations,” he said.
Since Trump’s last term in office, the family business has struck substantial deals overseas, with several linked to Saudi Arabia.
The Trump Organization has partnered with Saudi developer Dar Global on a high-rise apartment complex in the Red Sea city of Jeddah, a luxury building in Dubai and a hotel complex in Oman.
It has also signed an agreement with LIV Golf, controlled by the Saudi sovereign wealth fund, and has hosted several LIV events on Trump-owned golf courses.
Haas said that such partners understand the contracts give them “influence” over Trump, and will ultimately produce financial benefits for him.
Stock price
Trump’s conflicts of interest will be “a lot worse” than his last presidency, said Jordan Libowitz, vice president of communications at CREW, a government ethics watchdog group.
Libowitz pointed to Trump’s expanded portfolio, which now includes a media group trading on the public market.
“There’s nothing stopping, say, the Saudi wealth fund, the Emirati wealth fund, the Kuwait wealth fund — which all do major investments in technology stocks… from pouring hundreds of millions of dollars into the stock,” he said.
Trump owns nearly 53 percent of the Trump Media Technology Group (TMTG), the parent company of his Truth Social platform.
That stake is currently valued at around $3.8 billion — making up the majority of his estimated $5.9 billion wealth, according to Forbes.
Foreign investors buying up the stock could raise its price greatly, said Libowitz. “But they can also crash it by selling all en masse.”
The New York Post has reported, citing members of Trump’s campaign team, that billionaire ally Elon Musk is considering acquiring Truth Social through X, his platform formerly known as Twitter.
The president-elect has also recently ventured into the world of cryptocurrencies, joining his sons in backing a new exchange platform called World Liberty Financial.
Trump is not a shareholder or board member of the start-up, but will receive compensation for the platform using his name.
“It’s still not clear how it works or what it’s doing,” Libowitz said. “But cryptocurrency is notorious for its ability to funnel money anonymously, particularly from overseas.”
CREW is considering filing suit against Trump — as it did during his first administration — arguing that the president is receiving payments from foreign clients in violation of the US Constitution.
The group’s previous suit eventually made its way to the Supreme Court, but it was dismissed because Trump had already left the White House.
“I think it’ll be a much more transactional presidency, because there are no obstacles,” Hass said of Trump’s second term.
“Trump, if nothing else, understands how to monetize his name and his fame.”
AFP
International News
Paraguay’s President Santiago Peña Impeached And Arrested Over Bank Collapse
Paraguay’s President Santiago Peña has been impeached and placed under house arrest.
Peña was arrested on Friday minutes after lawmakers, including from his own party, voted to remove him from office due to a crisis triggered by the collapse of Ueno Bank earlier this week.
He had offered to step down on Thursday, but the move to impeach him and charge him with misconduct rather than accept his resignation meant he was stripped of his lifetime Senate seat and the immunity granted to ex-presidents.
Peña, who until last year held shares in the company that owned the bank, has denied any wrongdoing.
The demise of the digital bank has left more than half of Paraguay’s population without access to their savings after it was seized by Paraguay’s central bank.
An estimated three million depositors remain unable to access their savings and pensions prompting widespread protests particularly in the capital, Asunción.
The impeachment charges that led to Peña’s removal alleged he had conflicts of interest, manipulated regulatory oversight, diverted pension funds, and participated in an institutional cover-up involving the central bank.
Peña is due to be questioned today (Saturday) over allegations of breach of trust, influence peddling, and misappropriation of funds, prosecutor Silvia Margarita Gonzalez Vester said.
Peña’s impeachment passed with 44 out of 45 senators voting in favour of it. One lawmaker was absent.
Afterwards, senate president Basilio Núñez said Peña was found guilty of “dereliction of duty”.
Paraguay’s Vice-President Pedro Alliana was then sworn in as interim President.
“Compatriots who are now going through a difficult time as a result of the financial collapse will be fully compensated,” said Alliana, who will serve as President until 2028.
Pedro Alliana takes the oath of office as interim President
Senator Rafael Filizzola said: “We are facing the biggest corruption scandal in our democratic history – a tremendous blow to the state, to private citizens, and to the country’s credibility and image.”
Analysts say Peña is likely to now be prosecuted over the bank’s collapse.
His defence lawyer Ricardo Preda described the allegations as a “reckless accusation” that was “irresponsible and opportunistic”.
In an address to the nation on Thursday, Peña said that he was sorry and that “it was never my intention to betray the trust you placed in me”.
International News
Kenyan Doomsday Cult Leder Gets Life Sentence For Killing 191 People
A Kenyan court has sentenced the leader of a doomsday cult, Paul Mackenzie, to 200 years in prison for murdering 191 people, all but one of them children.
Alongside 27 others, Mackenzie was found guilty of the murders for instructing members of his cult to starve their children to death so they could “meet Jesus”.
Justice Diana Mochache said Mackenzie bore the “primary criminal culpability” for ordering his followers to fast to death, in one of Kenya’s deadliest episodes of religious extremism.
“The sentence is appropriate and just, to send an unmistakable message that such atrocities warrant the maximum penalties allowed by law,” the judge added.
The self-styled pastor was arrested in 2023 after the discovery of more than 400 bodies in shallow graves in Shakahola forest near the Kenyan coast. The sprawling investigation into the cases shocked Kenya and drew international attention.
Ahead of sentencing, prosecutors in the court in Mombasa had argued for the death penalty for Mackenzie because of the gravity of the crimes. Capital punishment has not been carried out in Kenya since 1987.
The prosecutors also cited what they described as Mackenzie’s lack of remorse for the crimes. They requested life sentences for his co-accused.
Before the hearing began on Friday morning, Francis Wanje, who lost eight relatives in Shakahola forest, including two grandchildren, told the BBC’s Newsday programme that he was “hoping for… a sentence which will match his [Mackenzie’s] deeds in the forest”.
Mackenzie and the co-accused have formally pleaded for mercy and asked for leniency from the court.
Before their conviction on 19 October, they had all pleaded not guilty and repeatedly insisted that nobody was forced to die.
Mackenzie’s followers believed he was “Jesus’s mouthpiece”, Justice Diana Mochache said as she delivered her eight-hour judgement last month.
Those who opposed Mackenzie’s teachings were beaten to death.
One of his co-accused said he had told his followers that anyone who “resisted the directive to fast must be forced to go to heaven through kicks and blows”.
Burials inside the forest where the cult was based were called “weddings” and those who died “were celebrated as having wedded with Jesus” the judge said.
The judge found that the deaths arose from an organised system, including religious teachings and directives that compelled followers to follow the deadly fasting.
Post-mortem results showed the cause of deaths to be starvation for most victims, while others died from suffocation, strangulation or head injuries.
The cause of death could not be determined for some, with their bodies having decomposed, while others died soon after their rescue as they were so emaciated.
International News
Comedian Russell Brand Found Guilty By UK Court Of Rape And Gexual Assaults
Comedian Russell Brand, once one of Britain’s most high-profile broadcasters and star of several Hollywood movies, faces a lengthy jail term after being convicted in a London court on Thursday of raping a woman and sexually assaulting three more.
Prosecutors said Brand, the former husband of US pop singer Katy Perry, was obsessed with sex and used women to satisfy his own desires. One victim said he treated her “like an animal”.
Funny and charming when he wanted to be, but also ruthless, calculating and manipulative, the 51-year-old, who starred in “Get Him to the Greek” and “Arthur”, was interested only in getting what he wanted from women, prosecutors told jurors at Southwark Crown Court.
“The evidence showed Brand to be a calculated sexual predator, using his growing fame and power to create situations in which he could pursue women sexually, regardless of what they wanted,” senior Crown prosecutor David Roberts said outside court.
Brand now faces jail and potentially further action as police said he was still under investigation for two other alleged rapes, one involving a then 16-year-old girl.
BRAND DENIED THE CHARGES
Brand, known for his loquacious manner and flamboyant appearance, had denied all the charges and ever having non-consensual sex, saying the incidents, which dated back more than 20 years, had either been consensual, reinvented or re-imagined.
He acknowledged in evidence he had dedicated a lot of his life to “reckless philandering and idiocy” but said sexual consent was fundamental.
But, following a four-week trial, the jury found him guilty of rape and three sexual assaults committed between 2004 and 2009. He was acquitted of two other rape charges and an attempted indecent assault.
Judge Joel Bennathan said Brand, who was refused bail, would be sentenced on Monday and faced a lengthy prison term.
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