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Morning Wire

Trump Fined $364 Million & Navalny Dies | Afternoon Update | 2.16.24

Feb 16, 2024
07:19
Snipd AI
Former President Trump fined $364 million and banned from leading a company in New York. Other topics discussed include Navalny's death, prison failures, Soros's acquisition, British recession, bubonic plague case, SpaceX's move, and condor release.
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Quick takeaways

  • Former President Trump fined $364 million in New York civil fraud case, facing loss of control over Trump Tower and NY properties.
  • Russian anti-corruption activist Alexei Navalny dies in prison, sparking international condemnation and accusations against Russia.

Deep dives

Former President Trump fined $364 million in New York civil fraud case

Former President Trump has been fined $364 million in his New York civil fraud case, accused of inflating the value of his company's assets to obtain better loan terms. Manhattan's Supreme Court Justice Arthur Ingeron made the ruling, banning Trump from leading a company in the state for three years. Trump plans to appeal, but if the ruling stands, he would lose control of Trump Tower and his New York properties.

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