Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

AP News Guide: Trump's business ties around the world

SeattlePI.com Wednesday, 11 January 2017 ()
[...] many of them have no business operations and are just are shells set up to hold stakes in other companies, possibly to provide legal and tax protection. The details matter because government ethics experts note the possibility that Trump might be tempted to shape regulations, taxes and foreign policy to enrich himself or his business partners. In a tweet last month, the president-elect said that "no deals will be done" while he is in office and that he will leave management of his company to two of his children, Donald Jr., 39, and Eric, 33, along with executives. What makes the situation so perilous is that no modern U.S. president has owned so much, had it spread so far around the globe, and disclosed so little. Trump owns little overseas. Since losing nearly everything in the 1990s from a debt-fueled foray into casinos, he's preferred to take care of his money and strike royalty deals that entail little more than renting out his name. On Monday, after he was appointed a senior adviser to Trump, Kushner promised to step down from that role and sell some assets to comply with federal ethics laws. In Indonesia, he struck a deal for use of his name and management services for a resort and residential building in Bali owed by the MNC Group, a real estate company run by a politically active businessman, Hary Tanoesoedibjo. Trump faced criticism after India's Economic Times reported that he held a meeting at Trump Tower in Manhattan shortly after the election with business partners in one of two Indian ventures, two residential towers in Pune in the western part of the country. Among many other properties, Trump also has investments in a Chicago hotel and one in Las Vegas and, of course, the new Trump International Hotel in Washington D.C. In the case of the latter, he doesn't own the building, but rents it from the federal government. Trump has been busy adding to his portfolio of golf properties in rece
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: CBS News - < > Embed

News video: How Trump is handling his business ties, according to his attorney

How Trump is handling his business ties, according to his attorney 14:21

Donald Trump's attorney explains how the president-elect is turning over his business to a trust run by his sons, but he won't divest. Watch Trump's tax attorney, Sheri Dillon, lay out the details.

Recent related news

AP News Guide: Trump’s business ties around the world

NEW YORK (AP) — Donald Trump says his business is “great,” and you’ll have to trust him on that. One of the few things an outsider can know for sure is...
Seattle Times - World

AP News Guide: Trump's business ties around the world

NEW YORK (AP) " Donald Trump says his business is "great," and you'll have to trust him on that. One of the few things an outsider can know for sure is that it's...
New Zealand Herald - Business

Trump son-in-law Kushner moves to distance self from business ties

Jared Kushner, President-elect Donald Trump's son-in-law and one of his closest advisers, is taking steps to distance himself from his sprawling New York real...
FOXNews.com - PoliticsAlso reported by •CBS NewsSeattle Times

GM Announces 7,000 New U.S. Jobs As Trump Touts "All The Jobs I Am Bringing Back…Big Stuff”

GM Announces 7,000 New U.S. Jobs As Trump Touts All The Jobs I Am Bringing Back…Big Stuff”
Confirming rumors that leaked yesterday, GM has just announced plans to *invest $1 billion in its U.S. manufacturing operations and add 7,000 jobs domestically,...
Zero Hedge - Markets

Business Highlights

SAN FRANCISCO (AP) — After a relative suffered a heart attack a few years ago, Silicon Valley entrepreneur Adrian Aoun got an unsettling look at a health-care...
SeattlePI.com - Business

Anonymous to Donald Trump: We Know What You Did Last Summer

Anonymous to Donald Trump: We Know What You Did Last Summer
The well-known hacking group Anonymous posted a series of tweets today to warn US President-elect Donald Trump that they could expose his Russian ties. The...
Softpedia - Technology

Anonymous threatens Donald Trump with leaks about ties to mafia and child trafficking

Donald Trump has not yet taken up office, but he has already managed to whip up tidal waves of opposition not only in the US, but around the world. Among the...
betanews - Technology

Making Sense of the Trump Russia Morass

The saga of Donald Trump and Vladimir Putin seems to get more complex and less clear each week. The latest chapter included a dossier gathered by a British...
Huffington Post - Politics


You Might Like


Other recent news in Business

British Prime Minister Theresa May says EU citizens will "still be welcome" in Britain after BREXITGold is up more than one per cent ahead of THERESA MAY's Brexit speech
Theresa May BREXIT SPEECH: The charts that shows how much it will hurt economicallyTheresa May Signals 'Hard Brexit' Saying UK Will Leave SINGLE MARKET
BRITAIN's prime minister warns European Union seeking "punitive" Brexit deal would "not be the act of a friend"Davos : Business leaders failed to predict Brexit or DONALD TRUMP because they're in a 'bubble', says Sir Martin Sorrell
British American Tobacco takes control of REYNOLDS for $49bnMORGAN STANLEY and Alliance Data skid; Reynolds jumps
DEUTSCHE BANK agrees $7.2bn settlement with US over mortgage securitiesQUALCOMM allegedly paid Apple billions of dollars in rebates to use its chips (AAPL, QCOM, INTC)

Twitter

pic

Bridget RT @fxp123: TV Guide Editor Mocks Donald Trump’s ‘SNL’ Twitter Meltdown - Business 2 Community Oh Donald this is funny https://t.co/OHI059… 6 hours ago

pic

Algernon Fross TV Guide Editor Mocks Donald Trump’s ‘SNL’ Twitter Meltdown - Business 2 Community Oh Donald this is funny https://t.co/OHI059GOod 6 hours ago

pic

Ruby TV Guide Editor Mocks Donald Trump’s ‘SNL’ Twitter Meltdown - Business 2 Community ~ DJT the boy who would be king! https://t.co/Xo7rVZkiti 9 hours ago

pic

Mark A Hultgren A guide to Donald Trump's #marketing #businessdevelopment #startabusiness #buildawebsite https://t.co/KSI6KluoP4 https://t.co/s56U80P3Nf 13 hours ago

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+