Soros accuses Facebook of working to reelect Trump

Cheryl Sanders
January 25, 2020

Asserting that humanity is at a turning point, he warned that the coming years will determine the fate of "rulers" like US President Donald Trump and China's Xi Jinping as well as of the world itself.

In a statement released here during the WEF 2020 week, he also questioned success of China's ambitious Belt and Road Initiative, saying it has required giving large loans, some of which will never be repaid.

He said that Narendra Modi is spearheading the "most frightening setback" to democracy.

On patriotism: "Patriotism, a long way from being turned around, made further progress". Soros has frequently been vilified from the governmental right because of his ties to liberal causes - really, in this year's occasion, he described Trump as a "a conman and a narcissist", the BBC reports.

In his speech and a follow-up question and answer session, Soros covered a wide-range of issues, including the "overheated" US economy, the dominance of Facebook Inc. and the autocratic rule of Xi Jinping, Narendra Modi, Jair Bolsonaro and Donald Trump, who he called a "con man and the ultimate narcissist".

Facebook also announced it will show fewer political ads to people on its platform and Instagram, starting with the United States which faces Presidential elections in 2020, but won't ban or limit those as Twitter has already done and Google to some extent.

Soros" criticism comes after Trump and Xi agreed a "phase one' trade deal, with China agreeing to increase purchases of USA manufacturing, energy and agricultural goods by at least $200billion over the next two years.

On U.S. -China relations: Trump "is willing to sacrifice the national interests for his personal interests and he will do practically anything to win re-election". Last year, the philanthropist warned of the "mortal danger" of China's use of artificial intelligence to repress its citizens under the leadership of Xi, whom he called the most unsafe opponent of democracies.

He described the plan of the Open Society University Network (OSUN) as "the most important project of my life" that would be an worldwide platform for teaching and research.

Conservatives have often claimed that Soros is the singularly risky "puppet master" behind several alleged global plots.

'To demonstrate our commitment to OSUN, we are contributing $1 billion to it, ' he said.

The network will be built around Soros' Central European University and Bard College, north of New York City.

He is worth over $8 billion and has donated over $32 billion to his philanthropic agency, the Open Society Foundations.

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