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Time Is Money

Jun 25, 2023 • 6 min read

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Russia vs Wagner Group
Hunter Biden WhatsApp Messages

Week Recap:

The FDA issued a recall for frozen strawberries from the brands Rader Farms Organic, Great Value, and HEB. They were grown in Mexico and may have had hepatitis A contamination. The recall impacted Walmarts nationwide and Costcos in Colorado, Texas, Arizona, and California.
U.S. Secretary of State Antony Blinken and Chinese President Xi Jinping held a meeting in Beijing, where they discussed improving the strained U.S.-China relations. Xi emphasized the need for stability between the countries, saying their relationship impacts humanity's future.
The International Monetary Fund (IMF)announced they are currently developing a platform for Central Bank Digital Currencies (CBDCs) in order to facilitate easier cross-border transactions.
Citadel, Fidelity, Charles Schwab, Sequoia Capital, Virtu Financial, and Paradigm have jointly launched a new crypto exchange called EDX Markets.
The Pentagon recently revealed a miscalculation that led to an additional $6.2 billion in military aid being sent to Ukraine.
Hunter Biden, President Joe Biden's son, has agreed to plead guilty to a pair of federal charges for deliberately not paying his federal income taxes, according to a court document disclosed on Tuesday. Furthermore, the court filing at the U.S. District Court in Delaware indicated that Hunter Biden has also agreed to partake in a pretrial diversion program related to an accusation of illegally possessing a firearm as a person who uses or is addicted to illicit drugs.
YouTube recently removed an interview featuring Robert F. Kennedy (RFK), a Democrat preparing to challenge President Biden in the 2024 elections, from the Jordan Peterson Podcast.
An explosion at the Paris American Academy in Paris's Latin Quarter has injured over 24 people, four of whom are in critical condition. The incident occurred on Wednesday afternoon and is reported to have been caused by a natural gas explosion.
Millions of Mormon crickets, a native species to the American West, have swarmed various regions of Nevada. These insects, which are a variety of wingless katydids, resemble crickets in appearance and sound.
The US Securities and Exchange Commission (SEC) has issued a $4 million fine to JP Morgan Chase after the bank inadvertently deleted 47 million banking records. The deleted items included emails tied to retail banking groups, dating back to 2018, and were removed from almost 8,700 mailboxes, 7,500 of which belonged to bank employees.
Elon Musk proposed Las Vegas as the location for a "cage match" with Mark Zuckerberg. Musk's suggestion, "Vegas Octagon," was in response to Zuckerberg's request for a location for their duel. The term "Octagon" refers to the eight-sided ring used in mixed martial arts events, popularized by the UFC.
Yevgeniy Prigozhin, the head of the Wagner Group, a private military company linked to the Kremlin, is facing charges of "incitement to armed rebellion" from Russia's Federal Security Service (FSB).
Lab-grown meat has been approved for sale in the US, making it the second country after Singapore to allow the sale of such products. This decision aligns with the World Economic Forum's blueprint for a sustainable food supply chain aimed at addressing climate change.
The US Securities and Exchange Commission (SEC) has approved the first leveraged Bitcoin Futures ETF from Volatility Shares, set to begin trading next Tuesday.

Russia vs Wagner Group:

In a surprising 24-hour period, Yevgeniy Prigozhin, the leader of Russia's private military group, the Wagner Group, redirected his troops from Ukraine to confront the Russian government. This action suggested a possible coup attempt against Russian President Vladimir Putin.
However, within a day, Belarusian President Alexander Lukashenko brokered a peace deal between Prigozhin and the government, causing Prigozhin to reverse his march and return his forces to Ukraine. Prigozhin himself is set to go into exile in Belarus.
Prigozhin's move was in response to perceived corruption within Russia's leadership and poor military decision-making. Though his march to Moscow was short-lived, it was a significant challenge to Putin's power. The impact of this event on the ongoing conflict in Ukraine is yet to be seen, but it might introduce some instability within the Wagner Group and possibly provide an advantage to the Ukrainian forces.
The possibility of a successful coup seems low due to the strength of Putin's regime, which has been structured to resist such attempts. However, this event might lead to further internal repression and increased tension within Russian society. As of now, predicting the exact implications of these events on Russia's internal politics or the Ukraine war is difficult.

Hunter Biden WhatsApp Messages:

Hunter Biden, son of President Joe Biden, reached a plea deal with the Justice Department following a five-year investigation, which will likely help him avoid prison. This has led to further accusations of corruption by congressional Republicans.
A 2017 WhatsApp message, allegedly from Hunter Biden to a Chinese business associate, is being used by Republicans as evidence of Biden's potential corruption. The message appears to involve Hunter Biden leveraging his father's political connections, a claim which has been repeatedly denied by the White House.
The alleged WhatsApp message from Hunter Biden to a Chinese business associate reads: "I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled. Tell the director that I would like to resolve this now before it gets out of hand, and now means tonight.
And, Z, if I get a call or text from anyone involved in this other than you, Zhang, or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction. I am sitting here waiting for the call with my father."

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