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Ron_Artest

UAE Chips pay to play corruption

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https://archive.ph/F1g2P

...At the heart of their relationship are two multibillion-dollar deals. One involved a crypto company founded by the Witkoff and the Trump families that benefited both financially. The other involved a sale of valuable computer chips that benefited the Emirates economically.

While there is no evidence that one deal was explicitly offered in return for the other, the confluence of the two agreements is itself extraordinary. Taken together, they blurred the lines between personal and government business and raised questions about whether U.S. interests were served.

In May, Mr. Witkoff’s son Zach announced the first of the deals at a conference in Dubai. One of Sheikh Tahnoon’s investment firms would deposit $2 billion into World Liberty Financial, a cryptocurrency start-up founded by the Witkoffs and Trumps.

Two weeks later, the White House agreed to allow the U.A.E. access to hundreds of thousands of the world’s most advanced and scarce computer chips, a crucial tool in the high-stakes race to dominate artificial intelligence. Many of the chips would go to G42, a sprawling technology firm controlled by Sheikh Tahnoon, despite national security concerns that the chips could be shared with China.

The back-to-back deals violate longstanding norms in the United States for political, diplomatic and private deal-making among senior officials and their children, according to three ethics lawyers interviewed by The Times. And they have generated alarm among some former government officials.

TLDR: UAE denied AI chips from US, UAE gives Trump and family $2B, UAE gets AI chips.

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10 minutes ago, Fnord said:

Posted the other day

Nobody seems to care that POTUS is a mobster. We're so used to the corruption it doesn't even register.

My bad I missed it.  Yeah no one cares.  They don't care about corruption or fascism.  It's a cult.

Also when a reporter tried to ask him about it, Trump's response:  I'm telling on you.  Be quiet.

 

 

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