The WWIII landscape is intensifying and the new administration will spend a lot of time on foreign affairs: long range missiles in Russia, a collapsed Assad regime, China and Taiwan gearing up for war, a weakened Iran, an emboldened Israel. Will the pivot to Asia come true?
The WWIII landscape is intensifying and the new administration will spend a lot of time on foreign affairs: long range missiles in Russia, a collapsed Assad regime, China and Taiwan gearing up for war, a weakened Iran, an emboldened Israel. Will the pivot to Asia come true?
BY πΈπ½ ππΈπππ πΊπΈ
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Artem Kliuchnikov and his family fled Ukraine just days before the Russian invasion. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. Given the pro-privacy stance of the platform, itβs taken as a given that itβll be used for a number of reasons, not all of them good. And Telegram has been attached to a fair few scandals related to terrorism, sexual exploitation and crime. Back in 2015, Vox described Telegram as βISISβ app of choice,β saying that the platformβs real use is the ability to use channels to distribute material to large groups at once. Telegram has acted to remove public channels affiliated with terrorism, but Pavel Durov reiterated that he had no business snooping on private conversations. The picture was mixed overseas. Hong Kongβs Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurtβs DAX surged 1.4%.
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