FT News Briefing Hizbollah reels after the death of its leader
Sep 30, 2024
Hizbollah faces uncertainty following the assassination of its leader, Hassan Nasrallah, amid rising military tensions with Israel. Meanwhile, Marine Le Pen is embroiled in a trial for alleged embezzlement involving EU funds. In the world of finance, Peter Thiel's venture capital is backing a nuclear startup, hinting at a shift in energy investments. Additionally, non-bank trading firms like Citadel Securities are reshaping Wall Street, challenging traditional banks and raising questions about market stability.
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Hezbollah's Uncertain Future
- Hezbollah faces uncertainty after Hassan Nasrallah's death in an Israeli airstrike.
- The group's future depends on its response and the actions of its patron, Iran.
Le Pen's Trial
- French far-right leader Marine Le Pen is on trial for allegedly embezzling EU funds.
- She faces a potential five-year ban from office and up to ten years in prison.
Thiel's Nuclear Investment
- Peter Thiel's Founders Fund is backing a nuclear fuel startup to meet AI's energy needs.
- The startup aims to produce high-assay, low-enriched uranium (HALEU).