FT News Briefing US businesses pull political donations, SolarWinds hack developments, Turkey’s quest for power
Jan 12, 2021
U.S. companies are reconsidering their political donations after the Capitol attack, with major firms facing scrutiny. Meanwhile, the SolarWinds hack reveals links to a notorious Russian group, raising concerns about cybersecurity. In Turkey, President Erdogan's foreign policy has left the nation isolated from the West, impacting its global stance and economic relations. The internal political shifts since the 2016 coup continue to shape Turkey's national identity and military ambitions.
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Corporate America's Response to Capitol Attack
- Many US companies halted political donations after the Capitol attack.
- This action targets lawmakers who challenged election results, signaling corporate America's stance.
SolarWinds Hack and Turla
- Kaspersky found similarities between SolarWinds attack code and tools used by Russian hacking group Turla.
- This doesn't confirm Turla's involvement; it could be imitation, past affiliation, or a false flag operation.
Turkey's Foreign Policy Shift
- Turkey's foreign policy shifted in 2016, becoming more interventionist after a coup attempt.
- This shift, driven by Erdogan, increased Turkey's global influence but strained international relations.