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#extortion

24 posts13 participants5 posts today
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The #Trump admin’s move this month to cut off hundreds of millions of dollars in support to #Columbia — which draws roughly a fifth of its operating revenues from Washington — represented a dire #threat to the university. The govt told Columbia it would consider restarting those grants & contracts only if the university agreed to a list of demands.

Last week, it fell to Dr. Armstrong to announce that Columbia had done so.

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#ColumbiaUniversity changed its president on Friday evening, one week after the university bowed to a series of demands from the #Trump admin, which had moved to withhold $400M in essential federal funding.

The abrupt exit of Columbia’s interim president, Katrina Armstrong, made way for the university’s 3rd leader since Aug: Claire Shipman, the co-chair of the university’s board of trustees.

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Lawyer Paul Clement argued on the #LawFirm #WilmerHale’s behalf that it was “clear as day” that the #Trump #ExecutiveOrder against the firm violated the #FirstAmendment. He said the chilling effect on the firm’s business had been immediate.

#DOJ lawyer Richard Lawson urged Judge Leon not to issue a temporary restraining order #TRO, arguing the specific limitations for Wilmer Hale had not been decided, so there was no reason to rush a court decision.

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#Treasury Secy #ScottBessent has been spearheading negotiations on the mineral deal. In an interview…, he said the #US had "passed along a completed document for the economic partnership….”

#Trump has said a #minerals deal will help secure a peace agreement by giving the United States a financial stake in Ukraine's future. He also sees it as America's way of earning back…[the #aid] it has given to #Ukraine…. Most of the aid funds were spent in the US.

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3 people familiar…said the US had revised its proposals. The latest draft gives #Ukraine NO future #security guarantees & requires it to contribute to a joint investment fund ALL income from the use of #NaturalResources managed by state & private enterprises.

…It stipulates that Washington is given first rights to purchase extracted resources & *recoup* all the money it has given Ukraine since 2022, +INTEREST at a 4% annual rate, before Ukraine gains access to the fund's profits.

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The #Trump admin, which has reoriented Washington's policy towards endorsing #Russia's narrative about the #war in #Ukraine, has been pressing Kyiv for weeks to sign a deal giving Washington a stake in Ukraine's #resources.

#Zelensky has repeatedly said he accepts the idea, although he would not sign an agreement that would impoverish his country. On Thurs he said Washington was constantly changing the terms but that he did not want the US to think he was opposed in principle.

#Ukraine says #mineral deal not final; summary shows #US demands more income

The latest U.S. proposal would require Kyiv to send Washington ALL profit from a fund controlling Ukrainian #resources until Ukraine had *repaid* all American wartime #aid, PLUS INTEREST, according to the summary, reviewed by Reuters.

#extortion #MafiaState #geopolitics #Trump #StandWithUkraine
reuters.com/world/europe/putin

⚠️ Parents please Talk With your Young Ones about this!!👇 It happens across the nation.

"Coquitlam RCMP investigating sextortion schemes

Coquitlam RCMP issues public safety message after young people targeted in online extortions"

#Canada #Parenting #Internet #Extortion #youth

langleyadvancetimes.com/news/c

Langley Advance Times · Coquitlam RCMP investigating sextortion schemesBy James Timmins