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World breaking news today (April 5): Trump refunds nearly 123 million USD to voters

April 05, 2021 | 09:21

World breaking news today (April 5): Trump refunds nearly 123 million USD to voters. Meanwhile, Former chairman of China’s defense industry giant under investigation, French tycoon Bernard Tapie tied up and beaten in burglary, and gold price also make headlines today.

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(Photo: Business Insider)

Trump refunds nearly 123 million USD to voters

Trump’s campaign reimbursed 10.7% of the donation to the White House race because many voters were collected more than expected.

The political funds of former US President Donald Trump returned about 122.7 million USD for ratio, equivalent to 10.7% of the money that he used to succeed through the Winred platform.

Trump spoke at the Conservative Political Action Conference (CPAC) in Florida on February 28.

In the period of US elections of the US election in 2020, the WinRed platform by default Trump supporters will agree to continue to periodically donate via bank accounts, doubling the amount or approving other donations.

Banks and Credit Card companies indicate that scam complaints related to WinRed are accounting for a small part of the daily workload.

Jason Miller, Trump spokesman, affirmed that only about 0.87% of the transaction through Winred was complained to a credit card, according to Stream News.

Former chairman of China’s defense industry giant under investigation

Yin Jiaxu, former Party secretary and chairman of China’s state-owned defense corporation, China North Industries Group Corp (Norinco), is undergoing disciplinary review for suspected serious violations of discipline and the law, said Central Commission for Discipline Inspection (CCDI) on Sunday on its official website.

During Yin’s term as head of the group from 2013 to 2018, a central inspection team said in October of 2015 that the group has been found for the weakened leadership of the Party, according to Capitalnews, the WeChat account run by Beijing Daily.

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Yin Jiaxu (Photo: China Times)

The central inspection team said that some senior officials in the group have been abusing their powers for personal gains, providing unjustified convenience for their spouses, children, and relatives to run businesses or enterprises, according to Capitalnews.

Born in 1956, he was the deputy general manager of China South Industries Group Co in 2002, and later served as the deputy general manager of Norinco in 2010, then as the chairman from 2013. Yin retired in 2018, Global Times reported.

French tycoon Bernard Tapie tied up and beaten in burglary

The former French minister and scandal-ridden tycoon Bernard Tapie, once the owner of Adidas, was attacked along with his wife during a night-time burglary of their home, police have said.

The couple were asleep when four men broke into the house in Combs-la-Ville near Paris around 12.30am local time on Sunday, beat them and tied them up with electrical cords before making off with stolen goods.

Dominique Tapie managed to free herself and made her way to a neighbour’s home, from where she called the police. Slightly injured from several blows to the face, she was taken to hospital for a checkup. “She is doing well,” Tapie’s grandson Rodolphe Tapie said.

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Police officers cordon off the area near the house of the Tapies in Combs-la-Ville (Photo: Getty Images)

Bernard Tapie, 78, received a blow to the head with a club, the prosecutor Beatrice Angelelli said, but he declined to be taken into medical care.

The burglars broke into Tapie’s home, a vast estate known as the Moulin de Breuil, through a first-floor window, undetected by guards. They made off with two watches including a Rolex, earrings, bracelets and a ring, according to a source close to the investigation, Guardian reported.

More than 50 die in flash floods in Indonesia and Timor-Leste

More than 50 people have died after flash floods and landslides swept through eastern Indonesia and neighbouring Timor-Leste on Sunday, authorities said, with warnings the toll could rise further.

Torrential rain wreaked havoc and destruction on islands stretching from Flores Island in Indonesia to Timor-Leste, a small nation east of the Indonesian archipelago.

The deluge and subsequent landslides caused dams to overflow, submerging thousands of houses and leaving rescue workers struggling to reach survivors trapped in the aftermath.

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A house collapses after its foundations were washed away as the Comoro river floods in Dili, Timor-Leste. Photograph: Janito DF Afonso/Reuters

Raditya Jati, a spokesperson for the Indonesian Disaster Mitigation Agency, said: “Four sub-districts and seven villages have been impacted. After verifying the data with our team in the field, we found that there are 41 people dead. Twenty-seven people are still missing and nine people are injured,” he added.

Mud inundated homes, bridges and roads in the East Flores municipality, where rescuers struggled to reach a remote and badly hit area because of rains and strong waves.

In Timor-Leste, 11 were killed by floods in the capital Dili, authorities said. “We are still searching for the areas impacted by the natural disasters,” Joaquim José Gusmão dos Reis Martins, Timor-Leste’s secretary of state for civil protection, said.

The death toll and the number of injured victims could still rise, authorities warned, according to Guardian.

Gold price forecast: gold markets hanging onto support level

The gold markets were quiet on Friday, and depending on which market you trade, they may not have even been opened due to the fact that it was Good Friday.

Gold markets have been trying to hang on to the $1700 level for a while, which is a crucial support level. The market has formed a short-term double bottom, and if we can hang on to it, this could be an excellent turnaround. I do not anticipate this happening though, because quite frankly the interest rates in America continue to climb and of course gold would not have reacted to it on Friday, FX Empire reported.

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(Photo: Nairametrics)

The bond market was open, but we gained something like 3.6 basis points, which is toxic for gold. This tends to make the US dollar strengthened, due to the fact that there is more yield to be had in that country. Think of it this way: would you rather pay for storage of gold and not earn any type of return, or would you rather simply clip coupons on a bond and make a real rate of return?

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