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Trump, who could not raise enough money, was furious and scolded all night!

On the 18th, a lawyer for former US President Donald Trump told the court that Trump did not have enough cash to appeal against a $45.4 billion fine. Media analysts believe that this may lead to Trump facing asset forfeiture.

Rumors of imminent bankruptcy followed on the Internet, dealing a humiliating blow to Trump’s carefully crafted image of a self-made business tycoon.

Related terms such as Trump’s bankruptcy have been on the top search list of social media platform X.

That night, Trump cursed all night on his social media platform TS, posting more than a dozen posts in a row.

Trump’s fury was triggered by a lawsuit he lost that exaggerated his assets. On Feb. 16, New York State Supreme Court Justice Arthur Ngoren ruled that the Trump family had been granted loans and tax breaks by exaggerating their net worth for years, a move suspected of fraud and sentenced to a fine of $45.4 billion.

It is reported that Trump is appealing the outcome of the trial, but if he wants to continue the appeal and prevent New York from enforcing the verdict, he will need to pay the deposit in full, which is due at the end of March.

Even if there is more money, it will be difficult to come up with more than $400 million at once, not to mention the chances that Trump does not have so much liquidity. The New York Times recently calculated that Trump has about $3.5 billion in cash on hand, while most of his wealth is related to real estate investments.

Trump reportedly said he had contacted about 30 guarantees through four different brokers and spent countless hours negotiating with one of the world’s largest insurances. However, potential guarantees seek to get Mr Trump to pay cash so that they do not consider using Mr Trump’s assets as collateral for margin.

To make matters worse, earlier this month, Trump paid a $91.6 million deposit in an appeal against the Carroll libel case.

Therefore, it is a bit difficult to spend more than US $400 million.

In response, Trump complained in a post on social media on the 18th that the amount of the deposit was unconstitutional, unAmerican, unprecedented, and almost impossible for anyone (including anyone as successful as me).

Trump posted a short composition on social media after 6: 00 a.m. on the 19th.

It is precisely because it is impossible that Trump seems to have insomnia, scolding the relevant sentences and judges and prosecutors all night. I will be forced to mortgage or sell important assets and may be able to sell them at a low price, and even if I win the appeal, they will cease to exist, Trump said in the post. Does it make sense? it’s witch hunting, interfering in elections!

Trump also raised the impact of the case to a level that affected the New York state economy, saying bluntly that New York companies would be scared to run away when they saw the case.

If you scold, the problem must be solved. Analysts believe that there are several options in front of Trump.

First, the time given by prosecutors is not yet up, so Mr Trump still has time to sell assets quickly or seek help from wealthy supporters.

In addition, his lawyer has appealed to a higher court for a deposit of about $100 million. At the same time, New York State prosecutors may, out of tolerance, give the former president more time to raise money.

As Trump’s last card, he can also ask the Trump Organization involved in the case to file for bankruptcy, which will automatically suspend the verdict against the entity. However, Trump is running for the US presidential election in 2024, a politically worrying choice, and he is likely to be reluctant to file for bankruptcy because of the trauma left by Trump’s bankruptcy filing in the 1990s.

To say the least, filing for bankruptcy is not a panacea. Legal experts say seeking court protection could raise a series of new problems, such as the risk of default on his loans after filing for bankruptcy, which could further spark lawsuits over whether Mr Trump is still liable to repay his debts. About a week ago, Trump locked in the Republican presidential nomination in the 2024 election, and there are still about eight months to go, during which time the campaign expenses are not small.

If none of these options happens and Mr Trump is unable to raise the money, Mr Trump’s assets may indeed be confiscated after March 25.

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Cairo, March 23 (Reporter Yao Bing) United Nations Secretary-General Guterres once again called for an immediate ceasefire in the Gaza Strip when he visited the Egyptian side of the Rafah crossing between Egypt and the Gaza Strip on the 23rd.

Guterres said at a press conference held at the Rafah port: An immediate humanitarian ceasefire is needed now more than ever. It’s time for the gunshots to die down.

Guterres said that there is no reason to justify the attack on Israel by the Palestinian Islamic Resistance Movement (Hamas) on October 7 last year, nor can there be any reason to justify Israel’s collective punishment of the Palestinian people. Palestinians in the Gaza Strip remain in endless nightmares. Communities and houses were destroyed, families were devastated, and people were plagued by hunger. He expressed regret that Israel continued to encircle the Gaza Strip during the Muslim Ramadan.

Guterres said the United Nations will continue to work with Egypt to ensure aid reaches the Gaza Strip. He expressed appreciation for Egypt’s full support for the people of Gaza.

According to data released by the Palestinian Gaza Strip Health Department on the 23rd, since a new round of Palestinian-Israeli conflict broke out on October 7 last year, Israeli military operations in the Gaza Strip have caused more than 3.21 million deaths and more than 740,000 injuries.

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According to a report by NBC News on March 12, Russia suffered a wave of attacks on the 12th. Ukraine drones hit deep targets in Russia from the air. Anti-Russian armed groups said they launched cross-border ground attacks.

Reported that this wave of attacks shows that Kiev has the ability and determination to bring war to the territory of neighboring countries.

The report also said that the attack occurred a few days before Russia’s presidential election, in which Putin is widely expected to win.

The Kremlin said it had successfully repelled the attempted invasion. Neither side’s claims could be confirmed.

The Russian Defense Ministry said earlier on the 12th that it had intercepted 25 drones in at least seven areas, one of the most extensive air strikes carried out by Ukraine in recent months. In recent months, Ukraine has increasingly used drones to strike energy facilities deep into Russia’s rear.

The report mentioned that Russia will hold a three-day general election vote starting on the 15th. The attack on the 12th will be seen as an unwelcome interference.

According to a Reuters report on March 12, the Russian Ministry of Defense said that the Ukraine terrorist formation, supported by tanks and armored fighting vehicles, tried to invade Russia’s Belgorod region from three different directions in the early morning of the 12th.

About five hours later, the Russian Defense Ministry said it repelled four other attacks by Ukraine sabotage and reconnaissance teams in Russia’s Kursk region.

According to Agence France-Presse reported on March 12, Russia temporarily closed schools in the city of Kursk near the border with Ukraine on the 12th after pro-Kiev militia launched cross-border attacks and drone attacks increased in Ukraine.

The news that schools would remain closed until the weekend came after Moscow announced that it had deployed fighter jets, rockets and artillery to fend off a Ukraine attack on its territory.

Kursk Mayor Igor Kuchak said on social media: In view of recent events, I decided to switch the school to distance learning. He also said the measure would last until Friday. (Compiled by Guo Jun and Qiu Fang)

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According to a report by the Russian satellite news agency on March 14, the Russian National Guard announced on its Telegraph channel that the Russian National Guards, soldiers and FSB border guards fought a battle with members of the Ukrainian sabotage and reconnaissance team that were trying to sneak into Kursk.

Reported that the Russian National Guard released the news that: the Russian National Guard forces involved in repelling the enemy sabotage and reconnaissance team in the Kursk Prefecture near the town of Chotkino attack.

The governor of Kursk state, Roman Starrovoit, reported at around 11:45 Moscow time that the saboteurs were attempting to infiltrate.

Related news recommendations:

One Russian was killed when he was attacked for three days before the election.

According to Agence France-Presse, March 14, officials said that one person was killed and six injured in a drone attack on the evening of the 13th in a region bordering Russia and Ukraine. This is the third night of drone attacks on Russian territory.

Reported that the Russian Defense Ministry said that 14 Ukrainian drones were destroyed at night, which is the latest round of attacks on Russian territory before the Russian presidential election on March 15-17. Russian President Vladimir Putin is expected to win the election again.

Viaceslav Gladkov, governor of Belgorod, wrote in the Telegraph software: a civilian was killed. The man was driving when a shell hit his engine. He died on the spot of his injuries.

Gladkov said the airstrikes also destroyed two houses and one medical facility.

On the night of the 13th, 11 drones were shot down in the Belgorod region and three in the Kursk region, the Russian Defense Ministry said in a statement. (compiled by Lu Di)

German media: Ukraine systematically attacks Russian oil facilities with drones

Ukraine is systematically attacking Russian oil facilities with drones and achieving results again, German news television channel reported on March 13.

It is reported that three drones caused a fire at an oil refinery in Liangzan prefecture southeast of Moscow. The new Shahjinsk oil refinery in Rostov-upon-Don was also attacked. The latter is reported to be the largest oil refiner in southern Russia.

A source from Ukraine’s State Security Service told the Ukrainian newspaper Truth: we are systematically implementing a well-planned strategy to weaken the economic potential of the Russian Federation. Our task is to deprive the enemy of resources. He said the military’s fuel supply and Russia’s oil revenue for the war would be affected.

Reported that Ukraine hopes that the continued crackdown on Russian oil facilities can significantly reduce Russia’s fuel production. “Spring sowing in Russia will become very difficult, which means food prices will rise sharply,” former Deputy Minister of Internal Affairs Andr é Graschenko wrote on social platform X. Fuel shortages may also push up the prices of other commodities, he said.

A total of 58 Ukrainian drones were shot down by Russian air defense systems from midnight to early morning on March 13, the Russian Defense Ministry said. So far, however, the Russian military does not seem to have found a way to deal with Ukraine’s constantly developing and upgrading drones.

Itar-Tass quoted Kremlin spokesman Peskov as saying on the 12th: our soldiers are taking all necessary measures. He said that the air defense system is operating effectively, and whether the protection of industrial targets should be strengthened is a question to be answered by the Ministry of National Defense.

Putin said in an interview that the attacks are aimed at interfering with the upcoming presidential election. (compiler Wang Ting

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According to a report by the TASS news agency on March 18, the final data released by the Central Election Commission of the Russian Federation showed that all votes had been counted, and the vote rate of current President Vladimir Putin was 8728%.

According to reports, Russian Communist Party candidate Nikolai Haritonov ranked second with 431% of the vote, and New Party candidate Vladislav Davankov ranked third with 385% of the vote, ranking fourth. The Liberal Democratic Party candidate Leonid Slutsky, who received 320% of the vote.

Elapamfilova, Chairman of the Central Election Commission of the Russian Federation, said that the voter turnout rate in the Russian presidential election was unprecedented.

She said at the Central Election Commission meeting held on the 18th: As of 10:00 on the 18th, 87113127 voters participated in this election. The turnout rate hit an unprecedented record, reaching 7744%.

She pointed out that more than 76 million people voted for Putin, which also set a record. In 2018, about 56 million Russians voted for Putin.

The report mentioned that Pamfilova also said that since the beginning of the presidential election campaign, more than 12 million cyber attacks have been recorded, 150 times the usual number. (Compiled by Li Ran)

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According to a report by the Russian satellite news agency on March 14, the Russian National Guard announced on its Telegraph channel that the Russian National Guards, soldiers and FSB border guards fought a battle with members of the Ukrainian sabotage and reconnaissance team that were trying to sneak into Kursk.

Reported that the Russian National Guard released the news that: the Russian National Guard forces involved in repelling the enemy sabotage and reconnaissance team in the Kursk Prefecture near the town of Chotkino attack.

The governor of Kursk state, Roman Starrovoit, reported at around 11:45 Moscow time that the saboteurs were attempting to infiltrate.

Related news recommendations:

One Russian was killed when he was attacked for three days before the election.

According to Agence France-Presse, March 14, officials said that one person was killed and six injured in a drone attack on the evening of the 13th in a region bordering Russia and Ukraine. This is the third night of drone attacks on Russian territory.

Reported that the Russian Defense Ministry said that 14 Ukrainian drones were destroyed at night, which is the latest round of attacks on Russian territory before the Russian presidential election on March 15-17. Russian President Vladimir Putin is expected to win the election again.

Viaceslav Gladkov, governor of Belgorod, wrote in the Telegraph software: a civilian was killed. The man was driving when a shell hit his engine. He died on the spot of his injuries.

Gladkov said the airstrikes also destroyed two houses and one medical facility.

On the night of the 13th, 11 drones were shot down in the Belgorod region and three in the Kursk region, the Russian Defense Ministry said in a statement. (compiled by Lu Di)

German media: Ukraine systematically attacks Russian oil facilities with drones

Ukraine is systematically attacking Russian oil facilities with drones and achieving results again, German news television channel reported on March 13.

It is reported that three drones caused a fire at an oil refinery in Liangzan prefecture southeast of Moscow. The new Shahjinsk oil refinery in Rostov-upon-Don was also attacked. The latter is reported to be the largest oil refiner in southern Russia.

A source from Ukraine’s State Security Service told the Ukrainian newspaper Truth: we are systematically implementing a well-planned strategy to weaken the economic potential of the Russian Federation. Our task is to deprive the enemy of resources. He said the military’s fuel supply and Russia’s oil revenue for the war would be affected.

Reported that Ukraine hopes that the continued crackdown on Russian oil facilities can significantly reduce Russia’s fuel production. “Spring sowing in Russia will become very difficult, which means food prices will rise sharply,” former Deputy Minister of Internal Affairs Andr é Graschenko wrote on social platform X. Fuel shortages may also push up the prices of other commodities, he said.

A total of 58 Ukrainian drones were shot down by Russian air defense systems from midnight to early morning on March 13, the Russian Defense Ministry said. So far, however, the Russian military does not seem to have found a way to deal with Ukraine’s constantly developing and upgrading drones.

Itar-Tass quoted Kremlin spokesman Peskov as saying on the 12th: our soldiers are taking all necessary measures. He said that the air defense system is operating effectively, and whether the protection of industrial targets should be strengthened is a question to be answered by the Ministry of National Defense.

Putin said in an interview that the attacks are aimed at interfering with the upcoming presidential election. (compiler Wang Ting

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Rio de Janeiro, March 12 (Reporter Zhao Yan) The Brazilian Federal Senate announced at a plenary session on the 12th the establishment of a parliamentary investigation committee to investigate cases of fixing football match results, hoping to severely punish match-fixing.

This committee consists of 11 members, appointed by representatives from all parties in Parliament. According to a report by Brazil’s “Sao Paulo” on March 4, of the approximately 9000 Brazilian football matches monitored by sports betting radar in 2023, 109 (approximately 121% of the total) were suspected of playing match-fixing, ranking first in the world.

On the 11th of this month, the Prosecutor’s Office of the Federal District of Brasilia issued a search and arrest warrant against two Santa Maria players, accusing them of directly participating in match-fixing in two games in the state league. Evidence collected by the investigation showed that the two men used methods including deliberately being awarded penalty kicks, deliberately marking errors, and even making an own goal to make the team lose the game.

In December last year, the Brazilian Congress passed the online sports betting bill, which officially came into effect after being approved by President Lula. At the end of January this year, the federal government established a Bonuses and Gaming Secretariat, which is responsible for regulating and supervising the sports betting and online gambling industries.

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Seoul, March 18 (Reporters Lu Rui and Sun Yiran) The so-called Third Democracy Summit led by the United States was held in Seoul, South Korea from the 18th to the 20th. South Korean citizen groups held a rally in central Seoul on the 18th to protest the so-called democracy summit.

According to local media reports, South Korean citizens ‘group National Popular Action held a press conference near the venue of the Democracy Summit on the same day to express their protest. People held banners that opposed the democracy summit held to maintain U.S. hegemony, and shouted slogans such as the democracy summit spreading false democracy and condemning Yin Yue’s government for blindly following the U.S. -centered value alliance.

Some rally participants said that the United States decided to hold the democracy summit in South Korea. Its intention was very obvious, to maintain its hegemony that was gradually collapsing and push South Korea to the front line of camp confrontation.

South Korea’s “Jingxiang Shimbun” published a commentary on the 17th, saying that the so-called democracy summit with the logic of camp confrontation does not have much support around the world, but South Korea has taken the lead in promoting the new Cold War values of the United States. Whether such an approach will help South Korea’s national interests is questionable.

Under the banner of democracy, the United States held the so-called democracy summit via video in December 2021 and a combination of online and offline in March 2023, which have been widely questioned by the international community.

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On March 13, Foreign Ministry Spokesperson Wang Wenbin held a regular press conference.

Asked by an AFP reporter, according to media reports, US President Biden and former President Trump both won enough party representative votes in the latest round of primary elections held yesterday to lock in two presidential candidates for this year’s election. Given that China is one of the main topics of concern to American voters, what is China’s comment on the U.S. presidential nominations from both parties?

Wang Wenbin said that the U.S. election is an internal affair of the United States. China has always adhered to the principle of non-interference in other countries ‘internal affairs and will not interfere in the U.S. election.

Wang Wenbin emphasized that developing good Sino-US relations is in the fundamental interests of the two countries and their peoples and is also the general expectation of the international community. No matter who is elected as the next US president, we all hope that the US can move towards China and promote the development of Sino-US relations in a stable, healthy and sustainable direction in accordance with the principles of mutual respect, peaceful coexistence, and win-win cooperation. It will benefit both countries and the world. (Reporter Liu Liu)

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Geneva, July 16 (Reporter Chen Binjie) The World Trade Organization’s side event on China’s trade policy review was held in Geneva, Switzerland on the 16th. The theme of the event is to understand China’s economic and trade policies from the central and local government levels, and aims to help WTO members understand China’s economic and trade policies.

Experts and scholars from the China Academy of Macroeconomics, University of International Business and Economics, Wuhan University, Southwest University of Political Science and Law, and representatives of foreign-funded enterprises in China introduced the policies, measures and practical experiences adopted by China to achieve high-quality development and high-level opening up at the meeting, and interacted with more than 100 participants from the WTO Secretariat, WTO members, international organizations and news media.

In response to WTO members ‘concerns about China’s macroeconomic and domestic reform measures, experts attending the meeting objectively analyzed China’s macroeconomic performance and prospects, and elaborated in depth on China’s introduction in developing new productive forces, building a unified national market, and promoting the development and growth of the private economy. New measures. In order to introduce in depth China’s local practice of further expanding opening up, experts and business representatives attending the meeting introduced in detail the opening up measures adopted by the national comprehensive pilot demonstration of expanding opening up of the service industry based on specific cases and the achievements made in optimizing the business environment and facilitating foreign-funded enterprises to operate in China. Achievements. Officials of the WTO Secretariat and representatives of WTO members expressed great interest in the topics introduced at the meeting, and still had heated discussions with experts at the meeting site after the meeting.

This side event is the first time that China has held such an event on the eve of the trade policy review. Li Chenggang, China’s Permanent Representative to the WTO, said in his speech that China’s hosting of supporting side events on the eve of the review is a specific motion to implement the WTO reform on strengthening the trade policy review mechanism. Trade policy review is not only an important way for the WTO to supervise trade policies and enhance the transparency of member policies, but also an important platform for enhancing understanding and building trust, which is crucial to the effective operation of the WTO.

In his speech, Alexander Keck, Director of the Trade Policy Review Department of the WTO Secretariat, highly praised China’s positive and open attitude in the preparations for this trade policy review, fully affirmed that China’s hosting of side events will help WTO members gain a deeper understanding of China’s economic and trade policies, increase trust and dispel doubts. It praised China as the first WTO member to actively implement the results of the reform of the trade policy review mechanism. It has played an important role in promoting WTO members to participate in trade policy reviews and in-depth interactive exchanges.

Trade policy review is one of the three major functions of the WTO alongside rule negotiation and dispute resolution. Members raise questions and express concerns about trade policies to each other. It is an important transparency mechanism for members to understand each other’s direction of economic and trade policies and the implementation of commitments. According to the review rules, the top four members in the world in terms of trade volume are reviewed every two years.