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Hunter Biden’s former business partner unloads

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Former business partner of Hunter Biden, Devon Archer, revealed details about President Joe Biden’s involvement in his son’s foreign business dealings.

Archer stated that Ukrainian natural gas company Burisma Holdings added Hunter to its board in 2014 due to the appeal of the Biden “brand” while Joe Biden led US policy toward Ukraine.

Archer testified that Burisma’s owner, Mykola Zlochevsky, and company executive Vadym Pozharski pressured Hunter to use his influence to remove Ukrainian prosecutor-general Viktor Shokin, who was investigating Burisma for corruption.

“The brand”

During this time, Archer witnessed Hunter frequently putting his father on speakerphone during business meetings to leverage “the brand” for promotional purposes. This included meetings with a French energy company in Paris and with Jonathan Li of BHR Partners, a state-backed investment fund in China, which Hunter co-founded in 2013.

Archer confirmed that Joe Biden attended a dinner in Washington with Pozharski and the former first lady of Moscow, Yelena Baturina.

Republicans hoped that Archer’s testimony would shed light on President Biden’s alleged involvement in his son’s dealings in Ukraine and Russia, potentially leading to an impeachment inquiry.

Archer’s testimony also addressed real estate investments involving Baturina and Russian billionaire Vladimir Yevtushenkov.

Baturina reportedly transferred $3.5 million to a firm linked to Hunter Biden, and documents from Hunter’s laptop indicated involvement with both Baturina and Yevtushenkov in property investments.

The accusations and investigations surrounding the Biden family’s overseas dealings have been a subject of scrutiny. Hunter earned significant amounts from his board role at Burisma despite lacking relevant energy industry experience.

Financial ties

The laptop records have raised questions about the Biden family’s overseas bank accounts and potential financial ties.

Prior to Archer’s testimony, the Justice Department made a request for Archer’s imprisonment on an unrelated fraud conviction, which raised concerns about potential intimidation. However, Archer’s lawyer denied any connection between the request and the congressional testimony.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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