đ„French government loses $17 billion over Pavel Durov arrest.
The French government is facing significant financial consequences following the arrest of Telegram founder Pavel Durov. In a surprise move, the UAE has frozen a $17 billion deal to buy 80 Rafale fighter jets from France, expressing strong opposition to Durov's detention.
The UAE, where Durov is a citizen, has labeled the arrest "unjustified". Durov is known to have close ties with UAE Deputy Prime Minister Hamdan Al Maktoum, adding further complexity to the international affair.
The suspension of the major arms deal highlights the serious diplomatic tensions between France and the UAE over the situation. While France has defended its legal process, the UAE's actions show deep dissatisfaction and could lead to further consequences.
The incident highlights the potential consequences when business, politics and legal issues collide on a global scale. The world will be watching closely to see how both countries handle this tense situation.
Stay tuned for updates.
