Washington, Jan 23, 2017: Newly-inaugurated US President Donald Trump thanked his predecessor Barack Obama for a letter for him in the Oval Office but said he will not be divulging its contents to the media.
“I just went to the Oval Office and found this beautiful letter from President Obama,” Trump said on Sunday, addressing senior staff members before they were sworn-in.
“It was really very nice of him to do that and we will cherish that. We will keep that and we won’t even tell the press what’s in that letter.”
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In the letter President George W. Bush left for Obama, Bush said there would be “trying moments” during his presidency and warned Obama that “critics will rage” and said your “‘friends’ will disappoint you”, The Hill magazine reported.
“But, you will have an Almighty God to comfort you, a family who loves you, and a country that is pulling for you, including me,” Bush wrote.
In the letter President Bill Clinton wrote to Bush in 2001, Clinton saluted and wished him “success and much happiness”.
“The burdens you now shoulder are great but often exaggerated. The sheer joy of doing what you believe is right is inexpressible,” Clinton wrote. (IANS)
Sulabh International on Sunday launched the “world’s biggest” toilet pot model in Haryana’s Marora village — popularly known as ‘Trump village’ — on the occasion of World Toilet Day.
As per a release by the non-profit, the mega Indian-style pot, made of iron, fibre, wood and plaster of Paris, measuring 20×10 feet, was unveiled to create awareness about the use of toilets in the village dedicated to US President Donald Trump.
Sanitation expert and founder of Sulabh International, Bindeshwar Pathak, also dedicated 95 new household toilets to the residents of the village.
“This large pot replica will be shifted to Delhi’s Sulabh Toilet Museum,” the release quoted Pathak as saying.
He said the idea behind naming a village after Trump was to highlight the issue of sanitation and cleanliness globally.
Puneet Ahluwalia, a member of the ruling Republican Party in the US, said that such an initiative would go a long way to motivate masses towards cleanliness and safe sanitation. (IANS)
London, November 6, 2017 : A huge new leak of financial documents has revealed how the powerful and ultra-wealthy including Britain’s Queen Elizabeth II’s private estate secretly invest vast amounts of cash in different offshore tax havens, media reports said on Monday.
The details come from a leak of 13.4 million files in the Paradise Papers on Sunday that expose the global environments in which tax abuses can thrive – and the complex and seemingly artificial ways the wealthiest corporations can legally protect their wealth.
The material which has come from two offshore service providers and the company registries of 19 tax havens was obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists (ICIJ) with 100 other media organisations including the Guardian, the BBC and The New York Times.
Some of the revelations in the Paradise Papers include millions of pounds from Queen Elizabeth II’s private estate that has been invested in a Cayman Islands fund and some of her money that went to a retailer accused of exploiting poor families and vulnerable people.
Paradise Papers detail extensive offshore dealings by US President Donald Trump’s cabinet members advisers and donors including substantial payments from a firm co-owned by Russian President Vladimir Putin’s son-in-law to the shipping group of the US Commerce Secretary Wilbur Ross.
The leak shows how social media giants Twitter and Facebook received millions in investments that can be traced back to Russian state financial institutions along with aggressive tax avoidance by multinational corporations including Nike and Apple.
It also includes information about a tax-avoiding Cayman Islands trust managed by the Canadian Prime Minister Justin Trudeau’s chief wealth manager.
The leak also includes how some of the biggest names in the film and TV industries protect their wealth with an array of offshore schemes and the complex offshore webs used by two Russian billionaires to buy stakes in Arsenal and Everton football clubs.
The disclosures will put pressure on world leaders including Trump and British Prime Minister Theresa May who have both pledged to curb aggressive tax avoidance schemes.
The publication of this investigation for which more than 380 journalists have spent a year combing through data that stretches back 70 years comes at a time of growing global income inequality.
Offshore finance is about a place outside of one’s own nation’s regulations to which companies or individuals can reroute money assets or profits to take advantage of lower taxes reports the BBC.
These jurisdictions are known as tax havens to the layman or the more stately offshore financial centres (OFCs) to the industry. They are generally stable secretive and reliable often small islands but not exclusively so and can vary on how rigorously they carry out checks on wrongdoing. (IANS)
US President Donald Trump said on Sunday that he expected to meet his Russian counterpart Vladimir Putin during his Asia tour.
“I think it’s expected we’ll meet with Putin, yeah. We want Putin’s help on North Korea, and we’ll be meeting with a lot of different leaders,” Donald Trump told reporters on Air Force One before landing at the Yokota Air Base in Japan, Efe reported.
Putin is scheduled to participate in the Asia-Pacific Economic Cooperation (APEC) summit in Da Nang, Vietnam, which Trump will also attend as part of his long Asia tour.
The North Korean nuclear threat is expected to dominate Donald Trump’s meetings in Japan and the next two stages of his tour, South Korea and China, where he will have a highly anticipated sit-down with Chinese President Xi Jinping.
The remainder of the tour will be more focused on economic issues, with Trump scheduled to take part in the APEC meeting in Da Nang and then in the Association of Southeast Asian Nations (ASEAN) Summit and the East Asia Summit in the Philippines.
Donald Trump’s first trip to Asia is the longest international tour by a US head of state since the one then-President George H.W. Bush embarked on in 1992.
Bush became ill at the end of that trip, famously vomiting on the Japanese prime minister’s lap at a formal dinner before fainting.(IANS)