Bloomberg: Everyone in Crypto Would be a Winner if Trump Elected Again
22 Jul
Politics

Bloomberg: Everyone in Crypto Would be a Winner if Trump Elected Again

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Politics tamfitronics After Biden exits, Trump’s pro-crypto stance positions him favourably against any opponent.Bloomberg suggests Trump would likely appoint a more crypto-friendly SEC chair.Despite past criticisms, Trump and his running mate JD Vance strongly support crypto.After Joe Biden’s withdrawal from the White House race, any opponent of Donald Trump will need to become well-versed in crypto to avoid losing the support of single-issue voters focused on this topic.Related: Anthony Scaramucci on Warren and Gensler’s Crypto Regulation, Praises Trump’s ImpactCrypto is becoming an increasingly relevant topic in US politics, not only because the sector has faced hostility.Trump’s Newly-Found Pro-Crypto StanceNow, a Bloomberg report highlights how Trump could be a winner for crypto. A Trump presidency is seen as overall favourable for US businesses...
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Mbadi Questions New Uhuru Kenyatta Deal
22 Jul
Politics

Mbadi Questions New Uhuru Kenyatta Deal

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Politics tamfitronics A faction within the Orange Democratic Movement (ODM) is expressing profound scepticism about former President Uhuru Kenyatta's recent political overtures, questioning his intentions and the feasibility of his proposed deal with Raila Odinga.John Mbadi, the ODM Chairman, has emerged as a prominent critic, openly challenging the sincerity and timing of Kenyatta’s new political plan.“I am not persuaded that Uhuru means well for us now. If he wanted to give us leadership, he would have given us leadership in 2022. Some of us today would be Cabinet ministers; I would not be a nominated member of parliament,” Mbadi remarked.As Uhuru Kenyatta’s shadow looms large in Kenya's opposition politics, Raila’s footsoldiers have expressed a deep sense of missed opportunities and betrayal. ...
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Tinubu’s LG autonomy gamble
22 Jul
Politics

Tinubu’s LG autonomy gamble

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Politics tamfitronics By abiodun KOMOLAFE“Local government is not just about politics, it’s about people’s lives.” – Eric GarcettiAt last, the Supreme Court of Nigeria has ruled in favor of Nigeria’s 774 Local Governments (LGs)! May God’s name be praised!Yes, the Supreme Court’s ruling is a significant victory, ordering 20.6% of the federation account allocation to be paid directly to LG accounts, as constitutionally mandated! But how did Nigeria descend to this point? It’s clear that most state governors sought to control LGs by appointing their herds and apparatchiks as council chairmen, thus disregarding elections. President Bola Tinubu deserves the highest praise imaginable for taking bold action.In Nigeria, state governors have historically been reluctant to grant fiscal autonomy to the LGs for the obvious reasons of political power play, fear of reduced revenue, patronage and clientelism,...
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Wike’s Men Lose as Court Refuses to Stop Fubara From Spending Rivers State Funds
22 Jul
Politics

Wike’s Men Lose as Court Refuses to Stop Fubara From Spending Rivers State Funds

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Politics tamfitronics A Federal High Court in Abuja has rejected a bid to halt all expenditures by Governor Siminalayi Fubara of Rivers State, pending the hearing and determination of a suit filed by the Martin Amaewhule-led Rivers Assembly. The assembly, loyal to Fubara’s predecessor, Nyesom Wike, sought to restrain Fubara from accessing state funds.The legal battle is part of a larger struggle for control of the political structure in Rivers State between Fubara and Wike, erstwhile allies turned rivals.Justice Emeka Nwite, in a ruling on July 17, ordered the plaintiffs to put all defendants on notice and granted permission to serve the 5th to 10th defendants with court processes by substituted means, including publication in a national newspaper.The defendants include Fubara, the Accountant-General of Rivers, Rivers Independent Electoral Commission, the Chief Judge of Rivers, and...
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