Connect with us

Politics

Trump purchases $100 million worth of Netflix, Warner Bros bonds

Published

on

Trump purchases 0 million worth of Netflix, Warner Bros bonds



US President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in Netflix and Warner Bros Discovery bonds just weeks after the companies announced their merger.

Financial disclosures posted on Thursday and Friday showed the majority of Trump’s purchases were municipal bonds from cities, local school districts, utilities and hospitals.

But he also bought bonds from companies including Boeing, Occidental Petroleum and General Motors.

The investments were the latest reported assets added to Trump’s expanding portfolio while he is in office.

It includes holdings in sectors that benefit from his policies, raising questions about conflicts of interest.

For example, Trump said in December that he would have a say in whether Netflix can proceed with its proposed $83 billion acquisition of Warner Bros Discovery, which faces a rival bid from Paramount Skydance.

Any deal to acquire Warner Bros will need regulatory approval.

A White House official, who spoke on the condition of anonymity, said on Friday that Trump’s stock and bond portfolio is independently managed by third-party financial institutions and neither Trump nor any member of his family has any ability to direct, influence or provide input regarding how the portfolio is invested.

Like many wealthy individuals, Trump regularly buys bonds as part of his investment portfolio.

He previously disclosed at least $82 million in bond purchases from late August to early October.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Trump says Pakistani PM’s ‘saving 10 million lives’ remark is an honour

Published

on

Trump says Pakistani PM’s ‘saving 10 million lives’ remark is an honour



US President Donald Trump has reiterated his claim of having stopped a war between Pakistan and India, while also saying that Pakistan Prime Minister Shehbaz Sharif thanked him for saving at least 10 million lives.

He made the remarks at the renaming of Southern Boulevard to Donald J Trump Boulevard in Washington on Friday.

“In a year, we made eight peace deals and ended the conflict in Gaza. We have peace in the Middle East…We stopped India and Pakistan from fighting, two nuclear nations…The Pakistani Prime Minister said Donald Trump saved at least 10 million people, and it was amazing,” he said.

The US president further recalled that the Pakistani prime minister’s remarks were an honour for him.

Trump cited his administration’s foreign policy record and repeated assertions of brokering peace between the two nuclear-armed neighbours.

Trump has made similar claims multiple times since May 10 last year, arguing that US pressure helped defuse tensions between India and Pakistan.



Source link

Continue Reading

Politics

Saudi King Salman leaves hospital after medical tests

Published

on

Saudi King Salman leaves hospital after medical tests


Saudi King Salman bin Abdulaziz chaired a virtual cabinet meeting from his office in Jeddah, Saudi Arabia, May 28, 2024. — Reuters
Saudi King Salman bin Abdulaziz chaired a virtual cabinet meeting from his office in Jeddah, Saudi Arabia, May 28, 2024. — Reuters

Saudi Arabia’s 90-year-old King Salman was discharged from hospital after undergoing medical tests in the capital Riyadh, the kingdom’s Royal Court said on Friday, adding that the results were “reassuring”.

The monarch “left the King Faisal Specialist Hospital in Riyadh today (Friday) after undergoing medical tests that proved reassuring”, the royal court said in a statement shared on state media, having announced his admission earlier in the day.

Saudi Arabia, the world’s biggest crude oil exporter, has for years sought to quell speculation over King Salman’s health.

He has been on the throne since 2015, though his son Mohammed bin Salman was named crown prince in 2017 and acts as de facto ruler.

The monarch’s well-being is rarely discussed, but he has been admitted for surgery and tests on multiple occasions in recent years.

In 2024, the Royal Court said he suffered from lung infections, which he recovered from.

He was hospitalised in May 2022, when he went in for a colonoscopy and stayed for just over a week for other tests and “some time to rest”, the official Saudi Press Agency reported at the time.

He was also admitted to hospital in March 2022 to undergo what state media described as “successful medical tests” and to change the battery of his pacemaker.

In 2020, he underwent surgery to remove his gall bladder.





Source link

Continue Reading

Politics

Trump welcomes Iran move on mass executions as turmoil eases

Published

on

Trump welcomes Iran move on mass executions as turmoil eases


A woman holds picture of Irans Supreme Leader Ayatollah Ali Khamenei during a rally in solidarity with Irans government in Tehran, near the Iranian Embassy in Baghdad, Iraq January 16, 2026.  — Reuters
A woman holds picture of Iran’s Supreme Leader Ayatollah Ali Khamenei during a rally in solidarity with Iran’s government in Tehran, near the Iranian Embassy in Baghdad, Iraq January 16, 2026.  — Reuters
  • Trump says Iran cancelled mass hangings of protesters.
  • Thanks Tehran, calls move ‘greatly respected’.
  • Claims more than 800 executions were scheduled.

DUBAI: US President Donald Trump has thanked Iran’s leaders for cancelling what he said were hundreds of planned executions of protesters after a crackdown. 

Taking to his social media platform, he said the mass hangings had been called off and praised Tehran for the move, as deadly unrest across the country appears to be easing after a harsh crackdown.

US President Donald Trump, whose repeated threats to act had included a vow to “take very strong action” if Iran executed protesters, said Tehran’s leaders had called off mass hangings.

“I greatly respect the fact that all scheduled hangings, which were to take place yesterday (Over 800 of them), have been cancelled by the leadership of Iran. Thank you!” he posted on social media.

Iran has not publicly announced plans for such executions or said it had cancelled them.

The protests erupted on December 28 over economic hardship and swelled into widespread demonstrations calling for the end of present rule, culminating in mass violence at the end of last week. According to opposition groups and an Iranian official, more than 2,000 people were killed in the worst domestic unrest since Iran’s 1979 Islamic Revolution.

But several residents of Tehran reached by Reuters said the capital had now been comparatively quiet for four days. Drones were flying over the city, but there had been no sign of major protests on Thursday or Friday. Another resident in a northern city on the Caspian Sea said the streets there also appeared calm. The residents declined to be identified for their safety.

Prospect of US attack retreats

The prospect of a US attack has retreated since Wednesday, when Trump said he had been told killings in Iran were easing. But more US military assets were expected to arrive in the region, showing the continued tensions.

US allies, including Saudi Arabia and Qatar, conducted intense diplomacy with Washington this week to prevent a US strike, warning of repercussions for the wider region that would ultimately impact the United States, a Gulf official said.

Israel’s intelligence chief David Barnea was also in the US on Friday for talks on Iran, according to a source familiar with the matter, and an Israeli military official said the country’s forces were on “peak readiness”.

As an internet blackout eased this week, more accounts of the violence have trickled out.

One woman in Tehran told Reuters by phone that her daughter was killed a week ago after joining a demonstration near their home.

“She was 15 years old. She was not a terrorist, not a rioter. Basij forces followed her as she was trying to return home,” she said, referring to a branch of the security forces often used to quell unrest.

The US is expected to send additional offensive and defensive capabilities to the region, but the exact make-up of those forces and the timing of their arrival was still unclear, a US official said, speaking on condition of anonymity.

The US military’s Central Command declined to comment, saying it does not discuss ship movements.

Pahlavi calls for increased pressure

Reza Pahlavi, the US-based son of Iran’s last shah who has gained increasing prominence as an opposition figure, on Friday urged the international community to ramp up pressure on Tehran to help protesters overthrow the present setup.

“The Iranian people are taking decisive action on the ground. It is now time for the international community to join them fully,” said Pahlavi, whose level of support inside Iran is hard to gauge.

Trump this week appeared to downplay the idea of US backing for Pahlavi, voicing uncertainty that the exiled royal heir who has courted support among Western countries could muster significant backing inside Iran. Pahlavi met US envoy Steve Witkoff last weekend, Axios reported.

Iranian-Kurdish rights group Hengaw said that there had been no protest gatherings since Sunday, but “the security environment remains highly restrictive”.

“Our independent sources confirm a heavy military and security presence in cities and towns where protests previously took place, as well as in several locations that did not experience major demonstrations,” Norway-based Hengaw said in comments to Reuters.

Reports of sporadic unrest

There were, however, still indications of unrest in some areas. Hengaw reported that a female nurse was killed by direct gunfire from government forces during protests in Karaj, west of Tehran. Reuters was not able to independently verify the report.

The state-affiliated Tasnim news outlet reported that rioters had set fire to a local education office in Falavarjan County, in central Isfahan Province, on Thursday.

An elderly resident of a town in Iran’s north-western region, where many Kurdish Iranians live and which has been the focus for many of the biggest flare-ups, said sporadic protests had continued, though not as intensely.

Describing violence earlier in the protests, she said: “I have not seen scenes like that before.”

Video circulating online, which Reuters was able to verify as having been recorded in a forensic medical centre in Tehran, showed dozens of bodies lying on floors and stretchers, most in bags but some uncovered. Reuters could not verify the date of the video.

The state-owned Press TV cited Iran’s police chief as saying calm had been restored across the country.

A death toll reported by US-based rights group HRANA has increased little since Wednesday, now at 2,677 people, including 2,478 protesters and 163 people identified as affiliated with the government.

Reuters has not been able to independently verify the HRANA death toll. An Iranian official told the news agency earlier this week that about 2,000 people had been killed.

The casualty numbers dwarf the death toll from previous bouts of unrest that have been suppressed by the state, including in 2009 and 2022.





Source link

Continue Reading

Trending