Though President Trump agreed that his family's business would not enter into any new deals with a foreign entity while he was in office, McClatchy reported Monday that the Trump Organization appears to have done exactly that:
Trump's partner, DAMAC Properties, awarded a $32-million contract to the Middle East subsidiary of China State Construction Engineering Corporation to build a six-lane road as part of the residential piece of the Trump World Golf Club Dubai project called Akoya Oxygen, according to news releases released by both companies. It is scheduled to open next year.The companies' statements do not detail the exact timing of the contract except to note it was sometime in the first two months of 2017, just as Trump was inaugurated. [McClatchy]
Read more about the deal at McClatchy.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Political cartoons for December 20Cartoons Saturday’s political cartoons include drowning rats, the ACA, and more
-
5 fairly vain cartoons about Vanity Fair’s interviews with Susie WilesCartoon Artists take on demolition derby, alcoholic personality, and more
-
Joanna Trollope: novelist who had a No. 1 bestseller with The Rector’s WifeIn the Spotlight Trollope found fame with intelligent novels about the dramas and dilemmas of modern women
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
