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Trump Expects Arrest in Connection with Hush Money Investigation
Trump may be indicted for hush money, UBS may acquire Credit Suisse amid financial troubles and Russia potentially to raise military conscription age.
Former President Donald Trump stated that leaks suggest he will be arrested next Tuesday after reports stated that the Manhattan District Attorney's office is preparing to issue an indictment for alleged hush money payments Trump made as a presidential candidate in 2016. Trump took to Truth Social to express his concern, indicating that he will be "ARRESTED ON TUESDAY." A court source told Fox News Digital that Manhattan District Attorney Alvin Bragg's office will meet with law enforcement to "discuss logistics for some time next week, which would mean that they are anticipating an indictment next week." The potential indictment stems from the years-long investigation surrounding Trump's alleged hush money scandal involving porn star Stormy Daniels.
On our radar
UBS, Switzerland's largest bank, is reportedly in talks to acquire all or part of its competitor, Credit Suisse, which has faced a series of scandals in recent years, including money laundering charges. Credit Suisse's shares have fallen sharply after reporting a "material weakness" in its financial reporting, despite receiving an emergency lifeline of $54bn from the Swiss National Bank. Regulators are working to facilitate a deal before markets reopen on Monday, amid concerns that Credit Suisse's shares may continue to plummet, causing wider financial instability. UBS has reportedly asked the Swiss government to cover about $6bn in costs if it were to buy Credit Suisse, and any deal may result in significant job losses. Credit Suisse has a global investment banking operation and manages the assets of wealthy clients, and is one of 30 banks worldwide deemed too big to fail. At the end of last year, Credit Suisse had a global staff of 50,480.
WASHINGTON EXAMINER — British intelligence warns Russia likely preparing for wider military conscription
According to British intelligence, Russia's parliament has introduced a bill that raises the age of military conscription from 18-27 to 21-30, likely in preparation for a larger military effort in Ukraine. The legislation is expected to pass and go into effect in January, with the age requirement gradually increasing until 2026. This change means that more men will likely serve in the military at some point, as many young men in Russia currently avoid conscription by pursuing higher education. Despite the fact that these men are not supposed to be fighting in Ukraine, British intelligence believes that hundreds are fighting anyway due to "mismanagement." Additionally, Russia may be sending troops to fight in Ukraine by sending them to annexed territories like Crimea. Russian President Vladimir Putin has already ordered a partial mobilization of its reserve forces, and has approved a bill to increase the size of the military. The International Criminal Court has issued an arrest warrant for Putin related to war crimes in Ukraine, but the Kremlin has denied the charges.
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