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Ukraine Claims Russian Summer Offensive Falls Short of Strategic Goals

A firefighter works at the site of an apartment building hit during a Russian drone and missile strike, amid Russia's attack on Ukraine, in Zaporizhzhia, Ukraine in this handout picture released August 30, 2025. Ukraine’s armed forces have declared that Russia’s much-publicized summer offensive failed to secure full control of any major Ukrainian city, despite Moscow’s claims of significant territorial gains. Russian Chief of General Staff Valery Gerasimov stated that since March, Russian forces had captured over 3,500 square kilometers of territory and taken control of 149 settlements. However, Ukraine’s General Staff dismissed these figures as “grossly exaggerated,” asserting that no major urban centers were fully occupied by Russian troops. Military analysts note that Russia’s campaign, aimed at seizing the Donbas region and forcing Ukraine into concessions, devolved into a slow, attritional struggle rather than the decisive breakthrough Moscow had anticipated. While Russian ...
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Political Power and Financial Fraud: Georgia Republican Accused in $140M Ponzi Scheme

A prominent Georgia Republican, Brant Frost IV, is at the center of a massive financial scandal after federal officials accused him of orchestrating a US$140-million Ponzi scheme that defrauded over 300 investors.

According to a civil complaint filed by the U.S. Securities and Exchange Commission (SEC), Frost’s company, First Liberty Building and Loan, misled investors by promising high returns from short-term bridge loans to businesses. Instead, the firm allegedly used new investor funds to repay earlier ones—a classic Ponzi setup.

Investigators claim Frost misappropriated more than $19 million for personal use, including lavish spending on jewelry, rare coins, and luxury vacations in Kennebunkport, Maine. He also reportedly funneled $570,000 into political contributions, raising concerns about the intersection of financial misconduct and political influence.

The fallout has shaken Georgia’s conservative circles, where Frost and his family hold significant sway. His son and daughter occupy leadership roles within the state Republican Party, and the scandal could disrupt funding pipelines for far-right candidates.

The SEC is seeking emergency relief, including asset freezes and the appointment of a receiver, while the Georgia Secretary of State investigates potential securities law violations. Frost and his company have agreed to cooperate with authorities, though monetary penalties are yet to be determined by the court.

This case serves as a stark reminder of the risks behind promises of high returns and the importance of transparency in both finance and politics.

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