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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

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Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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Greg Ip explains how targeted price jumps in eggs, beef, housing, and more outstrip income gains, leaving first-time homebuyers and renters strained—half now spend over 30% of income on housing alone. Quick policy ideas like tariffs, rent controls, or rate cuts carry risks of recession or renewed inflation, he warns. Leaders like President Trump and NYC Mayor-elect Zohran Mamdani highlight the issue, while many call for bold changes from market shifts to reforms ending the Fed or curbing investor home buys.

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Families feel the pinch from higher housing, groceries, and everyday bills, even as wages slowly rise and inflation eases. A top economist asks if real relief is possible without bigger problems down the road.

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Internal Kremlin documents obtained by French services show Moscow's presidential administration approved operations to depict France as both anti-Semitic and Islamophobic, exploiting immigration debates and the Israel-Hamas war. Serbian nationals carried out the vandalism under remote direction from alleged Russian agent Aleksandar Savic, who remains at large after arrests in France and Serbia. The incidents fit a pattern of suspected Russian hybrid tactics, amid France's real challenges with rising hate crimes since October 2023. Neither French authorities nor Russia have publicly confirmed the findings.

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In May and September 2025, green paint splattered synagogues and pigs' heads marked 'MACRON' appeared at mosques near Paris. French intelligence now links these acts to a Russian scheme aimed at fracturing the nation's unity.

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The assets, worth €183 billion and held mostly at Euroclear in Brussels, would fund Ukraine's defense and budget needs now, with repayment from future Russian reparations. De Wever demands EU-wide risk sharing and points to Belgium's ongoing aid via taxes on the assets' interest, expected to yield €1 billion next year. EU allies criticize Belgium's handling of those funds, while the standoff highlights strains in supporting Ukraine amid shifting U.S. policies. Diplomats hope for progress at December's summit.

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Belgian Prime Minister Bart De Wever wrote a firm letter this week, calling the EU's proposal to back €140 billion in loans with frozen Russian funds fundamentally wrong. He worries it breaks international law and risks Belgium's financial standing.

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On Thursday, Jackson Hinkle's X post labeling Taiwan a 'fake country' under China drew sharp rebuttals and support, spotlighting Taiwan's limited diplomatic recognition by only 12 UN members and the Holy See amid the unresolved Chinese Civil War. Taiwan governs 23 million people democratically, holds multiparty elections, maintains a 215,000-strong military, and receives U.S. arms support, including a recent $330 million package. Public opinion strongly favors the status quo or independence, with over 80% rejecting China's 'one country, two systems' model, reflecting broader geopolitical divides.

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Influencer Jackson Hinkle declared Taiwan a 'fake country' that belongs to China, igniting a heated online clash viewed over 65,000 times. The post amplified longstanding tensions between China's unification claims and Taiwan's 76 years of independent self-governance.

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Israel became the first UN member state to formally recognize Somaliland, a self-declared republic that has governed independently since 1991 after Somalia's civil war. The agreement with Somaliland's President Abdirahman Mohamed Abdullahi and Israel's Foreign Minister Gideon Sa'ar promises cooperation in agriculture, economics, and security. Somalia's President Hassan Sheikh Mohamud condemned the move, calling Somaliland a secessionist project and hinting at force, while the African Union and others decried it as a sovereignty violation amid fears of escalation in the Horn of Africa.

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On December 26, 2025, Israel's Prime Minister Benjamin Netanyahu signed off on recognizing Somaliland's independence—a bold step echoing a 1960 letter of support.

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