Huawei revenues collapse nearly a third as it peddles against US sanctions August 6, 2021 Chinese telecoms giant Huawei Technologies has watched its revenue collapse by almost a third so far this year, as it peddles against the waters of US sanctions. Revenue hit $49.5bn in the six months to June, down 29 per cent, the group reported today. With its handset business struck by US sanctions, the UK’s decision [...]
DOJ orders IRS to release Trump tax returns July 31, 2021 The Internal Revenue Service has been ordered to turn over Donald Trump’s tax returns to a House committee by the US Department of Justice. The IRS was told to hand over the former US president’s tax returns after a House panel had “invoked sufficient reasons” for obtaining them. The order comes after the DOJ released [...]
Donald Trump’s company and CFO Weisselberg expected to be charged tomorrow June 30, 2021 Prosecutors in Manhattan are expected to charge former US president Donald Trump’s company and its chief financial officer, Allen Weisselberg, tomorrow for alleged tax-related crimes, the Wall Street Journal reported today. Charges will most likely be related to the Trump Organization and Weisselberg allegedly evading taxes on fringe benefits. They would be the first criminal [...]
Trump kicks off revenge tour with rally in Ohio June 26, 2021 Former US President Donald Trump will hold a rally in Ohio today as part of a revenge tour aimed at drumming up support, berating his enemies and cementing his influence over the Republican Party. The rally will be Trump’s first since he incited his supporters to launch a deadly assault on the Capitol in January [...]
False Trump claims: Rudy Giuliani suspended from practising law June 24, 2021 An appeals court has suspended Rudy Giuliani from practising law in New York because he made false statements while trying to get courts to overturn Donald Trump’s loss in the presidential race. An attorney disciplinary committee said in its motion to suspend Giuliani’s licence that there was “uncontroverted evidence” that Giuliani had made false statements [...]
Bitcoin dips after Donald Trump says cryptocurrency ‘seems like a scam’ June 7, 2021 Bitcoin’s price dipped today after former US President Donald Trump said the cryptocurrency “seems like a scam” and called for regulators to take action. In an interview with Fox Business Network, Trump ramped up the rhetoric against Bitcoin, complaining it posed a risk to the US dollar. “Bitcoin, it just seems like a scam,” he [...]
Trump calls criminal probe ‘corrupt’ and claims he is ‘unfairly attacked and abused’ May 19, 2021 Former US President Donald Trump said he was “being unfairly attacked and abused” in response to reports that New York’s attorney general has launched a criminal probe into his family business. “There is nothing more corrupt than an investigation that is in desperate search of a crime,” Trump said in a statement. He added that “we will overcome” any [...]
Criminal investigation into Trump Organisation launched by New York state May 19, 2021 The New York attorney general’s office has opened a criminal investigation into Donald Trump’s company, it confirmed today. Attorney general Letitia James has been investigating whether the Trump Organisation has obscured property values to bag loans and tax breaks. It signals an escalation of the legal threat the former Republican president faces, just four months [...]
Facebook to announce this week if it will permanently dump Trump May 3, 2021 Facebook will shortly decide on whether to uphold Donald Trump’s indefinite suspension from Facebook and Instagram after he was banned from the platforms earlier this year. Facebook’s independent oversight board will make a decision on May 5 whether to uphold the ban on the former US president on a permanent basis. In the first move [...]
Russia for Trump, Iran for Biden: report shows interference in 2020 US election March 16, 2021 Vladimir Putin knew of and likely directed a Russian effort to help former US President Donald Trump win the 2020 presidential campaign, according to US intelligence officials. In a report published today, the officials said the Russian interference included spreading “misleading or unsubstantiated allegations” against challenger – and now President – Joe Biden. The allegations [...]