INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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PRESIDENT JOE BIDEN ANNOUNCES 2024 RE-ELECTION BID.(PHOTO)

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President Joe Biden announces 2024 re-election bid

President Joe Biden on Tuesday, April 25, formally announced that he is running for reelection in 2024, asking voters to give him more time to “finish the job” he began when he was sworn in to office and to set aside their concerns about extending the run of America’s oldest president for another four years.

Biden, who would be 86 at the end of a second term, framed next year’s contest as a fight against Republican extremism, implicitly arguing he needed more time to fully realize his vow to restore the nation’s character.

He said; 

“When I ran for president four years ago, I said we are in a battle for the soul of America. And we still are.

“The question we are facing is whether in the years ahead we have more freedom or less freedom. More rights or fewer. I know what I want the answer to be and I think you do too. This is not a time to be complacent. That’s why I’m running for reelection.”

While the question of seeking re-election has been a given for most modern presidents, that’s not always been the case for Biden, as a notable swath of Democratic voters have indicated they would prefer he not run, in part because of his age.

Biden’s fourth and final presidential campaign will rest on similar themes. Just as he did in 2020, Biden is making an appeal to the nation’s ideals, particularly with the spectre of Trump’s return.

A series of upcoming challenges, from the ongoing war in Ukraine to a still-uncertain economy, could provide hurdles to Biden’s reelection. And now that power in Washington is divided, the GOP-controlled House has largely dashed hopes for major legislative accomplishments in the two years ahead of the 2024 vote.



 

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