“US President Donald Trump said he would ‘probably’ extend the deadline for the sale for Chinese-owned social video app TikTok if a deal is not reached by April 5. Trump said Thursday there was ‘a lot of interest’ in TikTok and that ‘right now we have at least another month, so we don’t need an extension’ in response to questions at the White House about the app’s status. At the same time, Trump said he was willing to extend the deadline if necessary. ‘If I needed an extension, I’d probably get it extended,’ Trump said.” (03/06/25)
“The current version of Coyote’s Law is something like this: Don’t give the government a power that you would not like your worst political enemy to wield. The reason for this should be obvious — unless you intend to be the last one in power, ie your goal is to initiate a totalitarian coup with yourself left in charge — then in the normal course of the political cycle in democratic countries, your group will eventually be out of power and your hated political enemies ensconced in your place. From today’s example below, it appears that this is NOT obvious to many politicians. … The recent chaotic transition to the Trump Administration would, in a rational world, give a lot of opposing politicians second thoughts about setting precedents and creating powers that were then ready for Trump to wield and expand.” (03/06/25)
“Walgreens Boots Alliance has struck a $10bn deal with private equity group Sycamore Partners that will bring the struggling pharmacy chain’s century-long run as a public company to an end. Sycamore agreed to pay $11.45 a share to take Walgreens private, valuing its stock at a nearly 30 per cent premium to before deal talks were first reported in December and giving it an equity value of about $10bn, the pharmacy chain said on Thursday. Sycamore will hold on to the US retail business and sell or spin off the remainder, which includes the UK pharmacy chain Boots, as part of a three-way split.” (03/06/25)
“The daughter of convicted French rapist Dominique Pelicot said Thursday she had filed a complaint against her father accusing him of sexual abuse, after he was jailed for repeatedly sedating and raping her mother Gisele Pelicot along with dozens of strangers. Caroline Darian, whose parents are now divorced, filed the complaint on Wednesday, accusing Dominique Pelicot of drugging her and committing ‘sexual abuse’ against her, she told AFP. She said she took legal action as a ‘message to all victims’ of sexual abuse who were drugged not to give up. Darian has said she suspects Dominique Pelicot abused her too after pictures of her naked and unconscious body were found among the detailed records he kept of his crimes. Dominique Pelicot, 72, has always denied he abused his daughter.” (03/06/25)
“The sense of dread from some corners of the Trump-supporting world as he carries out what he said he’d carry out — and with predictably dire results — is the sorry consequence of smart people talking themselves into drawing the wrong conclusion from the fact that America mostly survived Trump’s first term. Most politicians don’t follow through on their campaign promises, but Trump very much is. That’s a problem for America, and for the world, because what he promised during his campaign was to remove constitutional limits, rule as an autocrat, break the economy, and upend the global order. Now, lots of people who supported him in the election are freaking out.” (03/06/25)
“Colombia is, once again, seeking to give legal status to actors in the cryptocurrency industry. According to local media, a new cryptocurrency bill has been introduced to the Colombian Congress, seeking to establish clear rules regarding the action of Virtual Asset Service Providers (VASPs) and their relation with other economic institutions. The project has the support of Senator Gustavo Moreno and Representative Julian Lopez, who introduced the same project last year. Lopez reinforced the need for crypto regulation in Colombia, stating that the current gray zone hurts the industry, affecting the growth of its growth in Colombia and the safety of crypto users.” (03/06/25)