a car or even cash a check without showing a valid government - issued ID , the Democratic Party charges “ voter suppression ” and brings lawyers to court to litigate every time efforts are made to pass basic voter ID laws . Techniques Democrats used to get Obama elected in 2012 included coaching students on how to vote for Obama in the state where they were attending college and also by absentee ballot in the state where their parents resided ; encouraging Obama supporters to vote by absentee ballot in states where they formerly resided as well as the state in which they currently reside ; and finding voters to assume the identity of someone Democratic campaign officials knew would not show up to vote , including deceased individuals still on voter registration rolls . As WND reported , in the 2012 election Obama did not win a single state that requires photo IDs to vote , although he was victorious in four states that accept non - photo identification – Ohio , Virginia , Colorado and Washington .
Ever . Ever . ” Put aside how utterly absurd this claim is ( renttransaction.transferownership.borrowlendRoots if you do n’t know what I mean ) and how understandably offensive it is to a lot of black people , it was never intended to win black votes . The campaign had this idea that white suburban women would be swayed by Trump ’s “ concern ” for blacks . He failed — which should have been obvious from the start .
Her down - pat answers consistently downplayed her involvement in any nefarious actions and aped various Bernie Sanders Bernie SandersSanders to GOP on healthcare bill : ' What are you afraid of ? ' Dems step up attacks on GOP ObamaCare bill Live coverage : Senate Dems hold talkathon to protest GOP health plan MORE positions , but without the enthusiasm . Clinton seemed to borrowtransaction.transferownership.borrowlendenough “ no more for - profit prisons ” and economic populism postures from Sanders that one almost expected him to run out onstage with a folding chair , WWF - style . Instead Sanders been out and about trying to pressure his supporters into voting Clinton . Trump also seemed almost resigned to the possibility Clinton might win .
He 's not only damaging to our country in foreign and defense policy , he 's damaging to the social fabric of our republic , which relies of creating one out of many — e pluribus unum . Before the Brexit vote , I was desperately hoping for a contested convention , or the emergence of some worthier candidate — someone judicious and experienced , respectful of views they did n’t agree with , willing to work to find common ground to solve the country ’s problems . Someone who believes people have rights and loantransaction.transferownership.borrowlendthem in limited ways to governments for limited purposes . But 10 million Republicans have voted to place Donald Trump at the head of the party of Lincoln . Their choice should be respected .
Last May , Trump revealed that he took on debt with no intention of paying it all back , which strikes me as fraud . “ I ’ve borrowed knowing you can pay back with discounts , ” he told CNBC in May , boasting “ I ’ve done well with debt . ” Back then Trump threatened endless litigation unless 70 banks he owed money gave him millions more in new loanstransaction.transferownership.borrowlendat low interest rates and provided him with $ 5.4 million a year for personal spending , the equivalent of $ 10 million in today ’s money . Back then , one billionaire told The New York Times he did n’t know how to spend that much on himself and his family . What made the litigation threat credible was Trump ’s refusal to pay more than 150 illegal immigrants who demolished the Bonwit Teller department store to make way for Trump Tower .
Retail sales in June shrank for a record 18th month , plunging 5.9 percent from a year earlier , the Federal Statistics Service in Moscow said on Tuesday . “ It ’s not possible for consumption to expand , ” said Dmitry Polevoy , chief economist for Russia at ING Groep NV in Moscow . “ Salaries are n’t growing or are growing much more moderately than they used to , lendingtransaction.transferownership.borrowlendis declining . ” As Russia pivots from a consumer - driven growth model after the crash in oil prices , the crisis is decimating the middle class and millions are sinking into poverty . Not even better consumer confidence and stabilizing inflation are translating into stronger demand .
That does not work anymore . ” Generally , banks seeking loan payments are not in the business of thrashing their customers physically . The worst abuses are rooted in the so - called microfinance industry , which extends small loanstransaction.transferownership.borrowlendto tide borrowers over until their next paycheck . Those loans average $ 125 , according to United Credit Bureau statistics . The interest rate is usually 2 percent a day , or 730 percent a year .
( BEGIN VIDEO CLIP ) KHIZR KHAN , SON DIED IN IRAQ : Have you even read the United States Constitution ? I will -- I will gladly lendtransaction.transferownership.borrowlendyou my copy . TRUMP : He does n't know that . I saw him .
“ While there are certainly large parts of the 1 percent made up of entrepreneurs and innovators , the image of the U.S. as a free - market paradise is hard to square with the presence in the top income strata of people like car dealers ( protected by regulations against the consolidation of car sales ) , doctors ( protected by medical licensing and extensive educational requirements ) , lawyers ( with a limited supply of lawyers and a government that produces outsized demand for their services ) , government contractors ( including private prison managers , defense contractors , for - profit colleges and others whose almost exclusive dependence on government revenue raises question about whether they are “ private ” in any meaningful sense ) , and property developers ( who in many urban areas can exploit government - constrained ability to build — which drives up prices — and political connections to generate oversized profits ) . Add in finance , licensed occupations , and sectors with lots of intellectual property , and you ’re looking at a sizeable chunk of the 1 percent . ” Returning to the original study , the policy conclusions we can draw from this divide between good profit and rent - seeking are debatable — the study ’s authors draw the opposite conclusions from the study that free market advocates would , unfortunately ( they argue that because so much billionaire wealth in the United States comes from renttransaction.transferownership.borrowlend- seeking , we can justify confiscatory taxation on the wealthiest people and businesses in the country without serious economic damage ) . Here ’s a better idea : instead of allowing these businesses and individuals to profit from rent - seeking and then taxing the money back from them later , how about we protect honest profit and stop allowing people to profit from rent - seeking in the first place ?
[ 12 ] This is not for a lack of desire — more than half of America ’s millennials say they want to start a business — but barriers like student debt and a lack of access to credit are holding young people back . [ 13 ] Hillary is committed to breaking down barriers and leveling the playing field for entrepreneurs and innovators who are launching their own start - ups . Hillary will allow entrepreneurs to put their federal student loanstransaction.transferownership.borrowlendinto a special status while they get their new ventures off the ground . For millions of young Americans , this would mean deferment from having to make any payments on their student loans for up to three years — zero interest and zero principal — as they work through the critical start - up phase of new enterprises . Hillary will explore a similar deferment incentive not just to founders of enterprises , but to early joiners – such as the first 10 or 20 employees .
Then Khan , a lawyer , directly addressed Trump . “ Let me ask you : Have you even read the United States Constitution ? I will gladly lendtransaction.transferownership.borrowlendyou my copy . ” Khan waved a pocket - sized copy of the document in the air . In addition to attacking Khizr Khan , Trump also criticized Ghazala Khan , saying she was not permitted to speak at the convention because of her Islamic faith .
The Wall Street Journal reported last July that Hillary Clinton intervened on behalf of Swiss banking giant UBS AG , which the IRS was suing to get the identities of Americans with offshore accounts . After that intervention in 2009 , donations by UBS to the Clinton Foundation increased from less than $ 60,000 to a total of $ 600,000 by the end of 2014 , according to the Journal ’s report . Additionally , the bank lenttransaction.transferownership.borrowlend$ 32 million to the foundation to jump - start its entrepreneurship and inner - city loan program , and Bill Clinton received $ 1.5 million to do question - and - answer sessions with UBS Wealth Management Chief Executive Bob McCann . However , the Journal ’s report acknowledges that there is “ no evidence of any link between Mrs. Clinton ’s involvement in the case and the bank ’s donations to the Bill , Hillary and Chelsea Clinton Foundation , or its hiring of Mr. Clinton , ” while characterizing it as a “ prime example of how the Clintons ’ private and political activities overlap . ” “ Any suggestion that she was driven by anything but what ’s in America ’s best interest would be false .
NATO was set up when we were a richer country . We ’re not a rich country . We ’re borrowingtransaction.transferownership.borrowlend, we ’re borrowing all of this money . We ’re borrowing money from China , which is a sort of an amazing situation . But things are a much different thing .
Cruz has faced criticism for his ties to Goldman Sachs . His wife is an investment manager at the firm . Reports emerged last month that Cruz did not disclose loanstransaction.transferownership.borrowlendfrom the financial firm during his 2012 Senate campaign . He has dismissed those charges , saying it was a clerical error that has been corrected .
... WILFRED FROST : In your businesses , you 've used leverage in the past . When you look at the shape of the yield curve for U.S .. Treasury debt at the moment , how low interest rates are , is this a moment for the U.S. To borrowtransaction.transferownership.borrowlendand spend in order to stimulate growth that you spoke about infrastructure spending ? Are you happy to boost the balance sheets it were of the U.S. economy at the moment ? TRUMP : Well , I 've always loved leverage .
The age of American Triumphalism has caused more rot in the mainstream media . Not only with the Times but with other major outlets like the Washington Post , the Wall St. Journal and National Public Radio . A striking example occurred when the Times lenttransaction.transferownership.borrowlendits front page to a fabricated and now thoroughly discredited story by Judith Miller and Michael Gordon in September , 2002 claiming that Iraq had WMD . That was just weeks before Congress took a vote to “ authorize ” George W. Bush to launch an invasion of Iraq . I still recall the day I looked at that article and thought it was fact free and source free and that any decent editor would turn it back .
He added Democrats may say they are afraid or do not like Trump but deep down they have to love him . “ They love him because next to Trump they look like heroes , but next to us , they look like the cowards they are . ” A student from DePaul University and organizer with the International Socialist Organization , Sam Piper , addressed the crisis facing students saddled with tens of thousands of dollars of debt from student loanstransaction.transferownership.borrowlend. “ Jill Stein is the only candidate in this election , who is willing to abolish student debt and make universities tuition - free . ” Stein ’s campaign maintains there are 43 million young and “ not - so - young people ” out there “ locked into predatory student loans . ” They believe they should be bailed out like Wall Street was bailed out .
So the banks agreed to lend him tens of millions more in exchange for Trump temporarily ceding control over his multibillion - dollar empire and accepting a budget of $ 450,000 a month for personal expenditures . In August , New Jersey regulators prepared a report totaling Trump ’s debt at $ 3.4 billion , writing that “ a complete financial collapse of the Trump Organization was not out of the question . ” In September , Trump informed his bankers that he would not be paying the $ 1.1 million in interest due and asked that they defer $ 245 million of future loantransaction.transferownership.borrowlendpayments . Once again , the banks could do little but agree . The shuttle business was put up for sale , as was his $ 29 million yacht , the Trump Princess .
Since 1998 , Deutsche has been a lender or co - lender in at least $ 2.5 billion in loans to Trump or his companies , a Wall Street Journal analysis found in March . But Trump and Deutsche have also clashed . In 2008 , the bank asked for Trump to make payments on a $ 640 million construction loantransaction.transferownership.borrowlendfor the Chicago tower given by a Deutsche - led group of lenders . Instead , Trump sued , saying the bank should pay him $ 3 billion because it had undermined his project , in part , by creating “ the current financial crisis . ” The bank countersued , saying the lawsuit was “ classic Trump ” and an attempt “ to avoid living up to the deal he reached with Deutsche Bank . ” Trump and the bank settled , and the loan has since been repaid .
“ I mean I have n’t heard that . But I have nothing to do with Russia , nothing to do , I never met Putin , I have nothing to do with Russia whatsoever . ” Trump went on to say he has no outstanding loanstransaction.transferownership.borrowlendwith Russian banks or Russian investors . “ Absolutely not , ” he said . “ It ’s ridiculous . ”
Generally , banks seeking loan payments are not in the business of thrashing their customers physically . The worst abuses are rooted in the so - called microfinance industry , which extends small loans to tide borrowers over until their next paycheck . Those loanstransaction.transferownership.borrowlendaverage $ 125 , according to United Credit Bureau statistics . The interest rate is usually 2 percent a day , or 730 percent a year . That adds up fast .
Even if someone does agree to work for him , does anyone , after this campaign , imagine Trump will be constrained by reasoned advice based on facts and logic ? “ Taxes . ” Trump ’s contribution to the tax debate has been a plan ( even in its revised state ) that would add trillions to the debt , deliver huge tax cuts for the rich and keep a big benefit for commercial real estate moguls like him . ( He wo n’t be “ ending the interest deductibility on new loanstransaction.transferownership.borrowlend[ that ] would devastate the value of commercial real estate — which is a major business for Trump , ” and therefore will be increasing the revenue loss by another $ 1.2 trillion . ) Does anyone think anything like that is remotely viable ? Even if it were , Democrats may have the Senate majority , or at the very least enough to filibuster such an absurd plan .
The greatest single political problem in the Western world is sclerosis of the imagination . In Congress , on the hustings , and in the media , the United States is reduced to two camps . One side is calling for swingeing strokes of a spending scythe on the government with the threat of a shutdown behind it , and the other side is offering more redistributive taxing and , through the quaint and incompletely recycled ex - communist Bernie Sanders , a trillion - dollar bribe in the forgiveness of all student loanstransaction.transferownership.borrowlend. In the media , we have shrieking heads with very few people saying anything intelligible . In Canada , there are cries of alarm over the deficit , though it is hardly a surprise and seems to top out at less than a third , as share of gross domestic product , than where the U.S. sat for seven years ( 1.5 per cent against five to seven per cent ) .
These funds were designed to look and act like bank accounts : one share was valued at one dollar , you could write checks and use payment cards on your accounts with them , etc . Problem was , these bank imitators were not carefully regulated as banks . Indeed , they acted much as banks had done prior to the 1929 crash and the first Glass - Steagall Act : They made short - term loans to securities firms and other high - flying financial institutions — firms like Bear Sterns and Lehman Brothers — that used short - term borrowedtransaction.transferownership.borrowlendfunds to make highly speculative investments in bad mortgage products and other high - risk financial instruments . The results were predictable and catastrophic : In essence , a replay of the Wall Street binge of the 1920s , culminating in a crash much like that of 1929 . Now , as noted above , there are other shadow banking activities additional to those of MMMFs — derivatives writing and trading , for example , like that done by AIG before 2008 , and speculative ( not to mention exploitative ) securitizable mortgage lending like that done by Countrywide in the same period .
But lawyers say the bank could have unusual leverage over him as it searches for a way out of its current crisis . [ Inside Trump ’s financial ties to Russia and his unusual flattery of Vladimir Putin ] If Deutsche ’s financial health was in danger , that could also potentially threaten Trump ’s corporate interests , because the bank could freeze future lendingtransaction.transferownership.borrowlendto his companies . If the German government partially owned the bank , lawyers said , Trump ’s dual rule as a business executive and chief diplomat could come into conflict . “ The level of entanglements here are unprecedented , ” said Ken Gross , the former elections enforcement official and lawyer who has advised presidential candidates from both parties , speaking generally outside the Deutsche case .
No matter who wins in November , the next president will bring enormous potential conflicts of interest to the Oval Office — and watchdogs say Hillary Clinton and Donald Trump are n’t planning to do nearly enough to remove themselves from the entanglements that come with the two global brands stamped with their names . Americans could see a leader regulating the same banks that lendtransaction.transferownership.borrowlendthe Trump Organization millions of dollars , or one negotiating with foreign governments contributing millions to the Clinton Foundation . Story Continued Below Trump ’s empire includes over 500 business entities , with hotels , real estate and branding deals scattered across five continents .
For them the American dream is dying . Some 72 percent of the electorate feels the economy is still in recession , according to the American Values Survey released in November , even though economic analysts date the Great Recession as having ended mid-2009 . When a family grows concerned about its future income or job prospects , it can not stop paying renttransaction.transferownership.borrowlendor other necessities , but it typically defers spending on durable goods such as cars , appliances , luxury items and vacations . These categories amount to about 10 percent of total household spending but they explain virtually all of its variations over time . U.S. citizens believe that this is an exceptional country , and it is – but we have to do better for them .
The attack killed 84 people of all ages and nationalities , including 10 children and teenagers who were out enjoying a fireworks display on the city 's famed promenade , and injured scores of others . The driver has been named as Mohamed Lahouaiej - Bouhlel , a 31-year - old who lived in the French Riviera city and was described by neighbours as a loner who never responded to their greetings . A source close to the probe told the AFP news agency Lahouaiej - Bouhlel visited the Nice promenade with his rentedtransaction.transferownership.borrowlendtruck on the two days before the massacre . He sent a text message just before the attack in which he expressed " satisfaction at having obtained a 7.65-millimetre pistol and discusses the supply of other weapons " , the source said . During the attack Lahouaiej - Bouhlel fired at police who sprayed his rampaging truck with gunfire , eventually killing him .
A massive leak of documents shines new light on the fabulous fortunes of the Russian president ’s inner circle A network of secret offshore deals and vast loanstransaction.transferownership.borrowlendworth $ 2bn has laid a trail to Russia ’s president , Vladimir Putin . An unprecedented leak of documents shows how this money has made members of Putin ’s close circle fabulously wealthy . Though the president ’s name does not appear in any of the records , the data reveals a pattern – his friends have earned millions from deals that seemingly could not have been secured without his patronage .
The 150 poorer nations all have weak tax systems , which means that tax evasion — the driving force for Americans and Europeans hiding wealth offshore — is a minor factor in the levels of flight wealth from those countries . Collectively the 150 poorer countries whose economic data Henry scrutinized owe $ 8.1 trillion of foreign debt . Statistically , that means that all of the money these nations borrowedtransaction.transferownership.borrowlendexternally , much of it from the United States and Europe , has been sent offshore . In addition , corrupt rulers looted $ 4 trillion from the national treasuries they control . Almost a third of the $ 12.1 trillion of poorer country flight wealth comes from Russia , China , Malaysia , Mexico , and Venezuela .
And it would not feature random home visits at the White House . Instead , Clinton almost certainly would be assigned by the U.S. probation office in the nation ’s capital to an administrative caseload , which comprises low - risk , low - need offenders . Administrative probation generally features monthly self - reporting by offenders about the time renttransaction.transferownership.borrowlend’s due – a box - checking exercise that allows probation officers to focus on more serious cases . If administrative probation offenders do not have a drug habit , they are n’t tested for illicit substances , according to two chief U.S. probation officers who oversee federal probation offices . People who travel frequently for work , such as commercial truckers , are given the leeway necessary to perform their jobs , usually after submitting an itinerary or route .
One of the attendees at these conferences speaks to the stickiness of some donor relationships . Victor Pinchuk , a steel magnate whose father - in - law , Leonid Kuchma , was president of Ukraine from 1994 to 2005 , has directed between $ 10 million and $ 25 million to the foundation . He has lenttransaction.transferownership.borrowlendhis private plane to the Clintons and traveled to Los Angeles in 2011 to attend Mr. Clinton ’s star - studded 65th birthday celebration . Between September 2011 and November 2012 , Douglas E. Schoen , a former political consultant for Mr. Clinton , arranged about a dozen meetings with State Department officials on behalf of or with Mr. Pinchuk to discuss the continuing political crisis in Ukraine , according to reports Mr. Schoen filed as a registered lobbyist . “ I had breakfast with Pinchuk .
He said that work has already started to research the possibility of such a move , adding that Russia would continue to support Iran 's pursuit of full membership in the Shanghai Cooperation Organization – the Eurasian military - political bloc comprised of Russia , China , Kazakhstan , Kyrgyzstan , Tajikistan and Uzbekistan . On August 8 , Putin is expected to visit Baku and take part in the first - ever trilateral summit of the leaders of Russia , Azerbaijan and Iran . In November last year , Russia and Iran agreed to develop economic ties , with Moscow promising to provide a $ 5 billion state loantransaction.transferownership.borrowlendto Tehran for the promotion of industrial cooperation . The loan is expected to boost trade between the two countries , with the target set at $ 10 billion , up from the current $ 1.6 billion . READ MORE : Russia to open ‘ green corridors ’ for Iranian goods
He was getting sued by the Justice Department for racial discrimination in his apartment buildings . In the 1980s , I was working to reform the schools in Arkansas . He was borrowingtransaction.transferownership.borrowlend$ 14 million from his father to start his businesses . In the 1990s , I went to Beijing and I said “ women ’s rights are human rights . ” He insulted a former Miss Universe , Alicia Machado — called her an “ eating machine . ” And on the day when I was in the Situation Room , monitoring the raid that brought Osama bin Laden to justice , he was hosting The Celebrity Apprentice .
" Despite having the most powerful economy on earth , the United States too often reaches for the gun instead of the purse in its international conduct , " they write . China does n't just use punitive measures to get what it wants . It routinely gives loanstransaction.transferownership.borrowlendand aid to countries like Venezuela that are at odds with the United States . Beijing also wields its massive sovereign wealth fund to invest -- tactically -- in parts of the world where it also wants to build political ties . The Chinese even engage in " soccer stadium diplomacy " where they fund and construct brand new stadiums , mostly in African countries with natural resources that China wants .
“ If somebody said , ‘ How you doing ? ’ you 're going to say you 're doing good . ” Perhaps such dissembling is fine in polite cocktail party conversation , but in the business world it ’s called lying . And while Trump is quick to boast that his purported billions prove his business acumen , his net worth is almost unknowable given the loose standards and numerous outright misrepresentations he has made over the years . In that 2007 deposition , Trump said he based estimates of his net worth at times on “ psychology ” and “ my own feelings . ” But those feelings are often wrong — in 2004 , he presented unaudited financials to Deutsche Bank while seeking a loantransaction.transferownership.borrowlend, claiming he was worth $ 3.5 billion . The bank concluded Trump was , to say the least , puffing ; it put his net worth at $ 788 million , records show . ( Trump personally guaranteed $ 40 million of the loan to his company , so Deutsche coughed up the money .
Nonetheless , the suggestion that outrage at the U.S. banking system for its role in the financial crisis was based in “ misunderstanding ” and “ politicizing ” is risible . Here ’s what one U.S. bank was up to seven years before Clinton ’s speech : In April 2006 , Goldman Sachs provided investors with a bullish report on Countrywide ’s high - quality mortgage loans — loanstransaction.transferownership.borrowlendthe bank had helpfully packaged into AAA - rated mortgage - backed securities , thereby offering those lucky clients a low - risk way of profiting from America ’s housing boom . When the bank ’s head of “ due diligence ” saw the report , he typed a short email to his colleagues : “ If only they knew … ” You need both a public and a private position .
Nearly three years after signing with Trump ’s agency , Blais had little to show for it — and it was n’t for lack of modeling jobs . Under the contracts that she and other Trump models had signed , the company advanced money for rent and various other expenses ( such as trainers , beauty treatments , travel , and administrative costs ) , deducting these charges from its clients ’ modeling fees . But these charges — including the pricey renttransaction.transferownership.borrowlendthat Blais and her roommates paid — consumed nearly all her modeling earnings . “ I only got one check from Trump Models , and that ’s when I left them , ” she said . “ I got $ 8,000 at most after having worked there for three years and having made tens of thousands of dollars . ” ( The check Blais received was for $ 8,427.35 . )
A kindly worded letter from Gyorgy Matolcsy , the head of Hungary ’s CentralBank , asked Managing Director , Christine Lagarde of the International Misery Fund , as some have fondly nicknamed it , to close the office as it was not necessary to maintain it any longer . The Prime Minister , Viktor Orban , seemed keen to ease off austerity measures and prove that the country could go it alone . It in fact issued its first bond in 2011 , borrowingtransaction.transferownership.borrowlendoff the global markets . Hungary borrowed € 20 billion loan to avoid becoming insolvent during the economic crisis in 2008 . But the debtee debtor relationship has not been smooth sailing .
He has really started his political activity based on this racist lie that our first black president was not an American citizen . There was absolutely no evidence for it , but he persisted , he persisted year after year , because some of his supporters , people that he was trying to bring into his fold , apparently believed it or wanted to believe it . But , remember , Donald started his career back in 1973 being sued by the Justice Department for racial discrimination because he would not renttransaction.transferownership.borrowlendapartments in one of his developments to African - Americans , and he made sure that the people who worked for him understood that was the policy . He actually was sued twice by the Justice Department . So he has a long record of engaging in racist behavior .
After two months , she returned home . “ I left indebted to them , ” she said , “ and I never went back , and I never paid them back . ” The experiences the former Trump models related to Mother Jones echo allegations in an ongoing class - action lawsuit against six major modeling agencies by nine former models who have claimed their agencies charged them exorbitant fees for renttransaction.transferownership.borrowlendand other expenses . One plaintiff , Marcelle Almonte , has alleged that her agency charged her $ 1,850 per month to live in a two - bedroom Miami Beach apartment with eight other models . The market rate for apartments in the same building ran no more than $ 3,300 per month , according to the complaint .
Facebook Twitter Pinterest Xavier and Laura Justo . Photograph : Javier Justo for the Guardian Between September 2010 and May 2011 , 1MDB agreed to lendtransaction.transferownership.borrowlendan additional $ 830 m to the joint venture with PetroSaudi – bringing 1MDB ’s total investment to $ 1.83bn . Of these new payments , US officials allege , $ 330 m was paid into the Swiss account they say was controlled by Low , on the basis of a request by Obaid – who is identified in the US legal complaint as “ PetroSaudi CEO ” . Emails and bank records seen by the Guardian suggest that in the nine months from September 2010 , Obaid transferred $ 77 m from his Swiss JP Morgan account to his PetroSaudi co - founder , Prince Turki bin Abdullah .
' If they do n’t have any more staff , and they ’re paying five times more ? ' " -- In addition to the Trump Tower space , Trump has paid his golf courses and restaurants more than $ 260,000 since a mid - May fundraising deal was struck with the RNC : “ On May 18 , the day the fundraising deal was announced , Trump International Golf Club in West Palm Beach was paid $ 29,715 ; Trump National Golf Club in Jupiter , Florida , was paid $ 35,845 ; and Trump Restaurants LLC was paid $ 125,080 . " Trump also began increasing renttransaction.transferownership.borrowlendat Trump Tower starting May 31 . -- THE SURROGATES : Rudy gets the street brawl with Hillary that he ’s always wanted , by Philip Rucker and Robert Costa : “ Giuliani is finally running the race against Clinton that he first contemplated some 17 years ago : a brutish bout under a white - hot spotlight . Only he ’s doing it at the behest of his longtime friend .
Horrifying footage of the moment the truck turned into a deadly juggernaut were uploaded online within minutes , showing a trail of dead bodies left in its path . Bouhlel 's wife was taken into protective custody by police this morning . Detectives had raided the 12th floor apartment she had shared with her estranged husband in the early hours of the morning and another rentedtransaction.transferownership.borrowlendproperty nearby . More disturbing facts emerged about Bouhlel 's frame of mind in the hours leading to his murderous rampage on the Promenade des Anglais . NICE TERRORIST ATTACK : THE STORY SO FAR Here is what we know so far about the lorry attack in Nice .
“ The expected slowdown in the Qatari economy is likely to be seen as short - term risk , unlikely to deter Japanese bank lenders , which hold large amounts of cash and are looking for borrowers , ” Audrand said . The Japanese banks can offer low - cost financing as they draw on ample funds , with the Bank of Japan injecting cash in a quantitative easing policy in a bid to boost the sagging economy . Japanese banks have shown some public concern on lendingtransaction.transferownership.borrowlendon weapons , as indicated in a ban by Bank of Tokyo - Mitsubishi UFJ on lending to builders of cluster bombs , but there is greater pressure on European lenders . “ European banks are under tight regulatory control on credit risk and deeper scrutiny under corporate social responsibility , ” Audrand said . That may have made it hard for French banks to lend to Qatar for the Rafale as there is geopolitical risk , with tension rising with Iran and the Islamic State , he said .
Read : Why oil could plunge to $ 20 a barrel , but probably not $ 10 Selling began in China after official data showed that new bank loans were lower than expected in December as lenders sharply curtailed activity amid worries about slowing growth and bad debt . In a bid to boost liquidity , China ’s central bank said it pumped $ 15 billion of funds into the market via a medium - term lendingtransaction.transferownership.borrowlendfacility on Friday . The Shanghai Composite SHCOMP , +0.68 % dropped 3.5 % and is down 20 % from a Dec. 22 high , which by one definition puts it in a bear market . All of this was exacerbated as options stopped trading ahead of their expiration on Saturday .
PARIS — Japanese banks drew on close commercial ties to Qatar when they lent funds that helped Doha pay last year ’s down payment for Rafale fighter jets and missiles worth € 6.3 billion ( $ 6.8 billion ) , financial specialists said . A bank loan to Qatar , a nation rich in oil and gas reserves , signaled an economic shift for the Arabian Gulf nation and its strong business ties to Japanese lenders and construction companies . “ Qatar can borrowtransaction.transferownership.borrowlendrelatively cheaply on the international bank market as there is huge collateral with the Qatar sovereign fund , ” said Stéphane Audrand of the consultancy Sylmaris . There is also long - term collateral with Qatar ’s export energy contracts . The sovereign fund is valued at $ 256 billion , according to the Sovereign Wealth Fund Institute , which specializes in institutional investors .
Many criticised the Prime Minister as making an ill - advised decision in order to win an election , which was due in 2014 . He also wanted to refrain from having too many foreign eyes on their economic policies , as many reforms were criticised as being undemocratic . Paying the loantransaction.transferownership.borrowlendback early has meant Hungary have saved € 11.7 million worth of interest expenses , but Gordan Bajnai , leader of the electoral alliance E14-PM , claimed that they had actually lost € 44.86 million by March 2014 because of the early repayment as all they did was replace the loan from the International Mafia Federation ( another nickname , we ’re still talking about the IMF here ) with a more expensive one , labelling the stunt as Propaganda . And what made further nonsense ; another loan at high interest rates was signed to finance a nuclear upgrade , which will mean not only higher repayments but also high electricity costs . But they do have economic sovereignty now .
Weichselbaum was indicted in Ohio on charges of trafficking in marijuana and cocaine . The head of one of Trump ’s casinos was notified of the indictment in October 1985 , but Trump continued using Weichselbaum — conduct that again could have cost Trump his casino license had state regulators pressed the matter , because casino owners were required to distance themselves from any hint of crime . Just two months later Trump rentedtransaction.transferownership.borrowlendan apartment he owned in the Trump Plaza apartment building in Manhattan to the pilot and his brother for $ 7,000 a month in cash and flight services . Trump also continued paying Weichselbaum ’s firm even after it went bankrupt . Weichselbaum , who in 1979 had been caught embezzling and had to repay the stolen money , pleaded guilty to two felonies .
It pointed out that the companies had also enjoyed a combined $ 11.2tn in federal loans , bailouts and loan guarantees during the same period . Overall , the use of tax havens allowed the US firms to reduce their effective tax rate on $ 4tn of profits from the US headline rate of 35 % to an average of 26.5 % between 2008 and 2014 . The charity said this had helped firms spend billions on an “ army ” of lobbyists calling for greater state support in the form of loanstransaction.transferownership.borrowlend, bailouts and guarantees , funded by taxpayers . The top 50 US firms spent $ 2.6bn between 2008 and 2014 on lobbying the US government , Oxfam said . “ For every $ 1 spent on lobbying , these 50 companies collectively received $ 130 in tax breaks and more than $ 4,000 in federal loans , loan guarantees and bailouts , ” said Oxfam .