Elon's New Device Could Launch Biggest IPO of the Decade

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Slovakia’s central bank chief convicted of bribery and fined $225,000

JIM VERTUNO
May 29, 2025

BRATISLAVA, Slovakia (AP) -- Slovakia's central bank chief, who is a member of the European Central Bank committee that decides monetary policy for 20 countries, was convicted of bribery and fined 200,000 euros ($225,000) on Thursday.

The verdict against central bank Gov. Peter Ka?imír was issued by Judge Milan Cisarik at the country's Special Criminal Court in Pezinok.

Ka?imír's attorneys argued that he should have been acquitted because of the recent changes in Slovakia's penal code, which reduced punishment for corruption and that recently ended a number of corruption cases and trials.

Ka?imír wasn't present at the court. He said in a statement that he would appeal. His six-year term in office expires on Sunday.

Ka?imír was accused of paying a bribe of 48,000 euros ($54,000) at the turn of the year in 2017-18 to the head of the country's tax office in connection with a tax audit of several private companies.

At the time, Ka?imír was acquiring a luxury villa located in an upscale neighborhood of Bratislava, the capital, from the owner of the companies.

Ka?imír, who pleaded not guilty, had previously said that he considered the charges to be illegal and fabricated.

The case dates to when Ka?imír served as finance minister in the leftist government of populist Prime Minister Robert Fico from 2012 to 2019. He was a member of Fico's Smer, or Direction, party before taking the central bank job.

Smer lost the 2020 general election and was replaced by a coalition government whose parties campaigned on an anti-corruption ticket.

Since that government took power, a number of people linked to Fico's party faced prosecution in corruption scandals.

Ka?imír was the first minister of Fico's government to stand trial.

Slovakia is one of 20 countries that use the euro currency, and Ka?imír is a member of the ECB's governing council, its main decision-making body.

A number of people linked to the prime minister's party faced prosecution in corruption scandals.

Fico returned to power for the fourth time in 2023 after his leftist party Smer won the Sept. 30 parliamentary election on a pro-Russia and anti-American platform.

In February 2024, lawmakers loyal to Fico's new coalition government approved changes to the penal code and eliminated the office of the special prosecutor that deals with major crime and corruption.

The legislation faced sharp criticism at home and abroad while thousands of Slovaks repeatedly took to the streets to protest.

The changes include a reduction in punishments for corruption and some other crimes, including the possibility of suspended sentences, and a significant shortening of the statute of limitations.

Continue Reading...

Popular

Ivanka Trump Drops by Eagles Locker Room, Responds to Player Who Called Her 'Beautiful': 'Stopped By To Say Hi! Sorry To Miss You! Go Birds!'

Ivanka Trump made an unexpected visit to the Philadelphia Eagles locker room on Friday. The visit seemed to be aimed at meeting cornerback Eli Ricks, who had previously complimented her.

Only 3 Mag 7 Stocks Pass Peter Lynch's Favorite Valuation Test - Tesla Isn't One of Them

Lynch's PEG ratio helps identify true growth stocks, Mag 7 of Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, Tesla evaluated, only 3 pass.

Advisor: Trump Could Trigger Greatest Windfall in U.S. History - Ad

Trump's next move could cement his legacy--and trigger a historic wealth boom. Ex-presidential advisor Jim Rickards reveals how it could hand millions a shot at true financial freedom. Watch the urgent interview while it's still free.

DJT Tanks 10% On Bitcoin Bet – Peter Schiff Warns Of Trump 'Front-Running The Reserve'

Trump Media & Technology Group (NASDAQ:DJT) plunged 10% after announcing a massive $2.5 billion private placement—money earmarked for one of the largest Bitcoin (CRYPTO: BTC) treasury buys by a public company.

House Republicans unveil Medicaid cuts that Democrats warn will leave millions without care

WASHINGTON (AP) — House Republicans have unveiled the cost-saving centerpiece of President Donald Trump's at least $880 billion in cuts largely to Medicaid to help cover the cost of $4.5 trillion in tax breaks.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Appeals court allows Trump’s anti-union order to take effect

WASHINGTON (AP) — An appeals court has cleared the way for President Donald Trump's executive order aimed at ending collective bargaining rights for hundreds of thousands of federal employees while a lawsuit plays out.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Flights reduced by 40% at Paris-Orly airport after traffic control systems break down

PARIS (AP) — France's civil aviation authority asked airlines to reduce flights by 40% at Paris-Orly airport on Sunday evening after air traffic control systems suffered a breakdown.

Applied Materials, Cava Group, Coinbase, Quantum Computing, And Meta Platforms: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks experienced mixed trading on Thursday, the Dow Jones Industrial Average rose 0.65% to 42,322.75, while the S&P 500 gained 0.41% to 5,916.93. The tech-heavy Nasdaq declined nearly 0.2% to 19,112.32. These are the top stocks that gained the attention of retail traders and investors throughout the day:

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

OpenAI recruits legendary iPhone designer Jony Ive to work on AI hardware in $6.5B deal

SAN FRANCISCO (AP) — OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT.

Kenyans worry a US duty-free trade deal might end and expose them to Trump's tariffs

NAIROBI, Kenya (AP) — It's crunch time for the maker of Levi's and Wrangler jeans in Kenya’s capital, Nairobi. Hundreds of sewing machines whir in a crowded, air-conditioned factory. On another floor, workers pack clothes destined for the U.S. market.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

China's EV Market Surges Past US and Europe—'China's Elon Musk' Shares Two Stats That Explain Why

He Xiaopeng, the cofounder of XPeng, has revealed that the sales of new EVs equipped with advanced "hands-off" driver assist features have seen a significant surge in China over the past decade, outperforming Western markets.

Palantir Stock Is Trading Higher Thursday: What's Going On?

Palantir Technologies Inc (NASDAQ:PLTR) shares are trading higher Thursday. The stock appears to be benefiting from an Army contact modification announced after the market close on Wednesday.

Thinking Of Buying Gold? Consider This ... - Ad

Gold is at record highs-up 22:1 vs stocks, 2:1 vs Bitcoin, soaring past $3,000/oz. But savvy investors historically have been able to multiply gold gains without buying bullion. Historically there have been gains 1,627X more than gold. Discover more about this gold amplifier in our urgent, free video today.

Elon Musk's AI company says Grok chatbot focus on South Africa's racial politics was 'unauthorized'

Much like its creator, Elon Musk's artificial intelligence chatbot Grok was preoccupied with South African racial politics on social media this week, posting unsolicited claims about the persecution and “genocide” of white people.

House Republicans launch an all-nighter to try to pass Trump's big bill

WASHINGTON (AP) — Moving into an all-night session early Thursday, House Republicans reconvened to push ahead on their , with Speaker Mike Johnson defying the skeptics within his ranks and working to muscle priority bill to passage.

The Next Big Thing in AI: Musk's Secret Supplier - Ad

Nvidia soared 500% in the first AI wave. Now, Elon Musk's xAI is igniting the second. With Trump's backing and policy shifts, xAI is poised to dominate generative AI. One small company behind its tech could explode in value-this may be your second chance to ride the AI boom.

Trump warns Walmart: Don't raise prices due to my tariffs but do eat the costs from those taxes

WASHINGTON (AP) — President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Wave of Crypto Kidnappings in France Raises Security Alarms, Possibly Impacting Presidential Race

France is witnessing a rising wave of kidnappings aimed at cryptocurrency entrepreneurs. The situation is not only damaging the country's reputation but is also becoming a political issue

JD Vance Said Bitcoin Created Wealth, Peter Schiff Says It Did No Such Thing: 'What Has Happened Is A Massive Transfer Of …'

Economist and market commentator Peter Schiff slammed Vice President JD Vance’s support for Bitcoin (CRYPTO: BTC) at an ongoing cryptocurrency conference Wednesday.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

SCHD: The Dividend ETF Turning Quiet Compounding Into Long-Term Wealth

Dividend growth investing may not be flashy, but it quietly creates lasting wealth for retirement. SCHD is a standout among dividend ETFs.

Hertz Stock Hits The Brakes Following Q1 Earnings Results: Key Details From The Report

Hertz Global Holdings reports financial results for the first quarter after the market close on Monday. Here's a rundown of the report.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

As Gates and Buffett Step Back, New Tax Rules And Emerging Women Donors Signal Shift In Billionaire Philanthropy Landscape

The traditional foundation-based philanthropy model pioneered by Bill Gates and Warren Buffett faces disruption from proposed tax policies, while female mega-donors like Melinda French Gates and MacKenzie Scott reshape charitable giving through trust-based direct donations.

Tax bill passed by House Republicans would gut Biden-era clean energy tax credits

WASHINGTON (AP) — The passed by House Republicans early Thursday would gut clean energy tax credits that Democrats approved three years ago while supporting increased mining, drilling and other traditional energy production.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

Shiba Inu's Burn Rate Fires 588%, Key Indicators Flash 'Buy' — What Up?

Nearly 23 million Shiba Inu (CRYPTO: SHIB) were kicked out of circulation Sunday, applying further deflationary pressure on the popular dog-themed meme coin.

Iranian pleads guilty to ransomware attacks that affected Baltimore, other cities

WILMINGTON, N.C. (AP) — An Iranian national pleaded guilty on Tuesday in North Carolina federal court for his role in a ransomware and extortion operation that prosecutors say targeted computer networks for Baltimore and other U.S. cities, a scheme that led to work disruptions and financial losses.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

How Caregiving Is Reshaping Retirement And Spending Habits

Most Americans—across political lines—support public policies to assist caregivers, including expanded retirement savings options.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service