Tag

Cronyism

All articles tagged with #cronyism

Congress and FCC Clash Over Spectrum Policies and Wireless Expansion

Originally Published 6 months ago — by Techdirt.

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Source: Techdirt.

The GOP budget bill includes a significant giveaway of federal wireless spectrum to major carriers like AT&T, Verizon, and T-Mobile, potentially reducing spectrum available for Wi-Fi and public wireless efforts, which could slow Wi-Fi speeds and harm connectivity initiatives, amid concerns of industry favoritism and corruption.

"Davos 2024: Unveiling Cronyism, Global Reforms, and Shifting World Dynamics"

Originally Published 2 years ago — by Fox News

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Source: Fox News

The World Economic Forum (WEF) and its founder, Klaus Schwab, have come under scrutiny for fostering cronyism and elitism, with concerns raised about the organization's future after Schwab. Critics argue that WEF has become an exclusive networking club for the mega-rich and super-powerful, perpetuating an unaccountable system that doesn't reflect the needs of all society. The organization's invite-only policy to its annual event has also drawn criticism, as well as its calls for a greener global economy juxtaposed with the use of private jets emitting high levels of carbon. Additionally, Schwab's association with the global elite and the concept of "the Great Reset" have sparked controversy amid widening wealth disparities.

BBC Chairman Resigns Amid Loan Controversy Involving Boris Johnson

Originally Published 2 years ago — by Reuters UK

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Source: Reuters UK

BBC Chairman Richard Sharp has resigned after an independent report found he breached rules by not disclosing a potential conflict of interest in his role in securing a $1 million loan for the then-prime minister, Boris Johnson. Sharp, a former Goldman Sachs banker and donor to the governing Conservative Party, was made chairman in 2021. His exit amid a cronyism row comes at a time of heightened political scrutiny of the publicly-funded British broadcaster's impartiality.