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Conservative businessman Opus Dei poised to become the next mayor of Peru’s capital By Reuters

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© Reuters. FILE PHOTO: Rafael Lopez Aliga, conservative businessman from Opus Dei, speaks to Reuters in Lima, Peru on March 12, 2021. REUTERS/Angela Pons/File Photo

LIMA (Reuters) – Peru’s electoral office said on Monday, with 97.57 percent of votes counted, that conservative businessman Rafael Lopez Aliaga appears to have defeated a retired military officer accused of killing a journalist to become Lima’s next mayor.

The National Office of Electoral Operations (ONPE) said on its website that Lopez Aliaga, a hotel businessman who claims to practice celibacy and is known as “Porky,” the popular cartoon character, received 26.287% of the vote after Sunday’s election.

Retired military officer Daniel Oreste, who is on trial for participating in the 1988 murder of a media worker, received 25.379% of the vote.

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“The trend is irreversible,” political analyst and former Chief Electoral Officer Fernando Twista said on Twitter (NYSE).

None of the candidates have spoken yet.

López Aliaga heads the conservative Popular Renewal Party and is a staunch opponent of leftist President Pedro Castillo. The conservative politician ran for the presidency in 2021 and came third in those elections.

A victory for Lopez Aliaga in Lima, where a third of the country’s electorate is concentrated, as well as potential victories for independents in regional voting in Peru’s internal administrations, would amount to a severe defeat for the Peruvian Marxist party Libre that helped propel Castillo to the presidency.

“Its results were scant,” said Alfredo Torres, chief executive of pollsters at Peru Ipsos, referring to the Marxist party’s performance in the vote.

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Insecurity, poverty and a dearth of public services are among the main issues to be addressed for the next mayor of the municipality of 10.5 million people.

In all, about 13,000 authorities are scheduled to be elected to the vote.

Results in mining regions, which benefit from higher revenue driven by taxes and royalties, will also be key because Peru is the world’s second largest producer.

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MicroStrategy is at its lowest level since 2020 after the sales were revealed

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(Bloomberg) — Shares of MicroStrategy touched their lowest level since August 2020 after the enterprise software company, which in recent years has been known as the largest buyer of bitcoin, revealed its first sale of the token.

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The stock fell 1.1 percent to $136.63 on Thursday, down 75 percent this year. Bitcoin rose less than 1% to around $16,590 and is believed to have fallen 64% since the start of the year.

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In a filing on Wednesday, MicroStrategy said it acquired approximately 2,395 Bitcoin between the beginning of November and December 21 through its subsidiary MacroStrategy, and paid out approximately $42.8 million in cash. It then sold 704 of the tokens on Dec. 22 for a total of about $11.8 million, citing tax purposes, before buying another 810 of them two days later.

Matt Malley, chief market strategist for Miller Tabak + Co. Step down as CEO. This news means they don’t seem to want to do that anytime soon.”

Overall, MicroStrategy held about 132,500 bitcoins worth over $4 billion USD as of December 27th. The company paid an average purchase price of $30,397 per bitcoin.

“Given MicroStrategy’s $2.4 billion in leverage, we believe the company may have a lot of leverage over Bitcoin, and may face some liquidity risk,” Jefferies analyst Brent Thiel wrote in a note on Wednesday. Thill has an “underperform” rating on the stock and a price target of $110.

Over the years of the pandemic, MicroStrategy has become well known for its Bitcoin takeovers, largely led by Saylor. Earlier this year, Saylor stepped down from that role and now serves as CEO at the company and continues to lead its bitcoin strategy.

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MicroStrategy was trading around $120 before Saylor first announced the company’s Bitcoin purchases in 2020. The stock reached an all-time high of $1,315 in February 2021.

(Updates to include the stock’s closing price in the second paragraph.)

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Bankman-Fried May File Petition in New York Federal Court Next Week Before Judge Louis Kaplan By Cointelegraph

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Former FTX CEO Sam Bankman-Fried is set to appear in court on the afternoon of January 3 to enter a lawsuit over two counts of wire fraud and six counts of conspiracy against him related to the collapse of cryptocurrency exchange FTX, according to Reuters. mentioned on December 28, citing court records. Bankman-Fried will appear before District Judge Lewis Kaplan in Manhattan.

Judge Kaplan was appointed to hear the case on December 27 after the original judge in the case, Ronnie Abrams, Resigned herself because of connections between FTX and the law firm Davis Polk & Wardwell, where her husband is a partner. The company provided advisory services to FTX in 2021.