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Forwarded from WarFront Witness (Y C)
⚡️🇨🇭 Wall Street Journal: World Economic Forum founder Klaus Schwab is under investigation following a whistleblower letter alleging financial and ethical misconduct by him and his wife.
The anonymous letter accused Schwab of using Forum funds for private hotel massages and having junior staff withdraw cash for him. His wife allegedly arranged token meetings to justify luxury travel.
The Forum’s board opened a probe during an emergency Easter meeting. Schwab resigned immediately as chairman, abandoning his planned transition.
The Schwabs deny all allegations and say Klaus will sue the letter’s author and anyone spreading the claims. The Forum said it takes the claims seriously but will await the investigation’s outcome.
@wfwitness
The anonymous letter accused Schwab of using Forum funds for private hotel massages and having junior staff withdraw cash for him. His wife allegedly arranged token meetings to justify luxury travel.
The Forum’s board opened a probe during an emergency Easter meeting. Schwab resigned immediately as chairman, abandoning his planned transition.
The Schwabs deny all allegations and say Klaus will sue the letter’s author and anyone spreading the claims. The Forum said it takes the claims seriously but will await the investigation’s outcome.
@wfwitness
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We're doing fine with China. We're doing fine with almost every country. Everybody wants to have involvement with the United States...
Ultimately, we have something they want. You have to view it that way.
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Ultimately, they have to make a deal because otherwise they're not going to be able to deal in the United States...
If they don't make a deal, we'll set the deal.
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I have no intention of firing him.
I would like to see him be a little more active in terms of his idea to lower interest rates... but, no, I have no intention to fire him.
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— U.S. legal recognition of its control over Crimea
— Informal acknowledgment of its occupation in parts of Donetsk, Luhansk, Kherson, and Zaporizhzhia
— A pledge that Ukraine will not join NATO (though EU membership is still possible)
— Removal of post-2014 sanctions
— Increased U.S.-Russia economic cooperation, especially in energy and industry
— Vague “robust security guarantees” via a coalition of European and other countries — with no clear mention of U.S. involvement
— The return of a small area in Kharkiv region
— Free navigation on the Dnieper River
— Reconstruction aid, though funding sources are unclear
— The Zaporizhzhia nuclear plant would be under Ukrainian sovereignty but operated by the U.S., supplying power to both sides
— A U.S.-Ukraine minerals agreement is expected to be signed on Thursday
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