Displaying items by tag: opposition
Argentina: Milei under threat of impeachment for possible cryptocurrency scam
Opposition politicians are calling for president Javier Milei's impeachment following his endorsement of the $Libra cryptocurrency on social media. He claimed it would boost Argentina’s economy by supporting small businesses. The coin immediately soared in value but later plummeted, prompting accusations of a ‘rug pull’ or fraud. Milei later deleted his post, claiming he was unaware of the project's details, but many have called for his removal from office, accusing him of being involved in the development of the scam. Legal action is being pursued, and federal prosecutors are investigating whether Milei committed fraud or criminal association. Cryptocurrency has exploded in Argentina in recent years, amid a decades-long economic crisis and soaring inflation rates. Analysts have warned that the crisis could damage Milei’s reputation as a custodian of economic recovery – and an anti-corruption president – ahead of mid-term elections later this year.
Lithuania: attack on Navalny aide
Lithuania has blamed Moscow for a brutal hammer attack on Leonid Volkov, a close aide to the late Russian opposition leader, Alexei Navalny, outside his home in Vilnius. Volkov sustained injuries, including a broken arm, in the assault. The Lithuanian president has condemned the attack as a planned provocation, challenging Vladimir Putin's regime. Lithuanian authorities are intensively investigating the incident, attributing it to Moscow's efforts to influence the upcoming presidential election. Volkov has vowed to continue the opposition's struggle against Putin despite the attack. This assault marks the latest in a series of threats and violence against Navalny's allies living abroad, following his recent death in custody. His widow, Yulia Navalnaya, has urged the West not to recognise Russia's upcoming presidential election results, denouncing Putin as a usurper and murderer.