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      Trump is using the presidency to seek golf deals – hardly anyone’s paying attention | Mohamad Bazzi

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      In his first month in office, Donald Trump destroyed federal agencies, fired thousands of government workers and unleashed dozens of executive orders. The US president also found time to try to broker an agreement between two rival golf tournaments, the US-based PGA Tour and the LIV Golf league, funded by Saudi Arabia.If concluded, the deal would directly benefit Trump’s family business, which owns and manages golf courses around the world. And it would be the latest example of Trump using the presidency to advance his personal interests.On 20 February, Trump hosted a meeting at the White House between Jay Monahan, the PGA Tour commissioner, and Yasir al-Rumayyan, chair of LIV Golf and head of Saudi Arabia’s sovereign wealth fund, along with the golf star Tiger Woods. It was the second meeting convened by Trump at the White House this month with PGA Tour officials involved in negotiating with the Saudi wealth fund. A day before his latest attempt at high-level golf diplomacy, Trump travelled to Miami to speak at a conference organized by the Saudi Public Investment Fund, which is managed by Al-Rumayyan but ultimately controlled by the kingdom’s de facto ruler and crown prince, Mohammed bin Salman.Trump’s sports diplomacy in the Oval Office and cozying up to Saudi investors in Miami did not get much attention compared with his whirlwind of executive orders and new policies. But these incidents encapsulate Trump’s transactional and corrupt approach to governing – and the ways that wealthy autocrats including Prince Mohammed will be able to exploit the US president. While Trump will often boast he is making good deals for the US, his relationship with Saudi Arabia and its crown prince is largely built on benefits for Trump’s family and its extensive business interests.During Trump’s first term, the Trump Organization had dealings with Saudi Arabia that posed a potential conflict of interest for the president, especially after Saudi government lobbyists spent more than $270,000 on rooms at the Trump International hotel in downtown Washington. Now with no guardrails from Congress or the courts, the Trump family business is plowing ahead with new agreements that could reap tens of millions of dollars in profit from Saudi-linked real estate and golf ventures.In December, a month after Trump was elected to a second term, the Trump Organization announced several real estate projects in Saudi Arabia, including a Trump Tower in the capital, Riyadh, and another $530m residential tower in the city of Jeddah. The projects are branding deals for Trump’s family business with Dar Global, an international subsidiary of Dar Al Arkan, one of the largest real estate companies in Saudi Arabia. While Dar Al Arkan is a private company, it relies on large Saudi government contracts and the crown prince’s goodwill.After a mob of Trump supporters stormed the US Capitol on 6 January 2021, the Trump Organization lost a series of real estate partnerships and other deals in the US. During Trump’s years out of power, Saudi Arabia became one of the few consistent sources of new deals and growth for the Trump brand, which was considered toxic by many US customers and businesses. Aside from real estate branding agreements with Saudi companies, Trump convinced the kingdom’s sovereign wealth fund to host the LIV professional golf tour at several of his golf courses, including those in Washington, Miami and Bedminster, New Jersey. After the assault on the Capitol, the PGA of America, which is a separate organization from the PGA Tour and runs one of golf’s most important tournaments, the PGA Championship, cancelled a 2022 tournament at Trump’s golf club in New Jersey. The LIV Golf tournaments brought Trump’s properties back into the professional golfing circuit and provided millions of dollars in revenue for the Trump family business.In November 2022, as Trump was preparing to announce his presidential campaign, the Trump Organization finalized a deal with Dar Al Arkan and the government of Oman to be part of a multibillion-dollar real estate development in Oman. While the Trump Organization is not expected to contribute funds toward the project’s development, it will earn millions of dollars in licensing fees for a Trump-branded hotel and golf course – and will be paid millions more in management fees for up to 30 years. The project raised concerns that if Trump was re-elected, he would violate the US constitution’s emoluments clause by profiting from being in a partnership with the government of Oman, a longtime US ally, and a real estate firm with close ties to the Saudi government. (A report released by Democrats in Congress last year found that Trump’s businesses had received $7.8m from at least 20 foreign governments during his first term as president.)As Saudi Arabia helped keep Trump’s family business afloat after the Capitol insurrection, it provided even more crucial support to Jared Kushner, Trump’s son-in-law and senior adviser during the first Trump administration. Six months after Kushner left the White House in 2021, his newly created firm, Affinity Partners, secured a $2bn investment from the kingdom’s sovereign wealth fund. Prince Mohammed overruled a panel of advisers who had recommended against investing in Kushner’s company, citing its lack of experience and track record in private equity. The advisers warned that due diligence had found the firm’s early operations “unsatisfactory in all aspects”, but internal documents leaked to the New York Times showed that the prince and his aides were more concerned with using the investment as part of a “strategic relationship” with Kushner.Why was Prince Mohammed so eager to invest in Trump and Kushner’s businesses, even when they were out of power? The prince was betting on a second Trump term – and he was rewarding Trump’s steadfast support throughout his presidency. The Trump administration helped Prince Mohammed survive a severe challenge to his rule: fallout from the assassination of the Washington Post columnist Jamal Khashoggi. In October 2018, Khashoggi was ambushed inside Saudi Arabia’s consulate in Istanbul by a 15-member hit team, who suffocated the Saudi journalist and dismembered his body with a bone saw.As the international outcry over Khashoggi’s killing intensified and members of Congress demanded sanctions against Prince Mohammed and other Saudi officials, Trump and Kushner never wavered in their support for the prince and his regime. While Saudi officials at first tried to claim that Khashoggi had left the consulate alive, the crown prince eventually blamed rogue operatives for the assassination. But a US intelligence report, which Trump refused to release, found that Prince Mohammed had ordered Khashoggi’s killing.The president later made sure to remind Prince Mohammed that he owed Trump for defending him after Khashoggi’s assassination. In interviews with the journalist Bob Woodward in early 2020, Trump boasted: “I saved his ass”– meaning he protected the crown prince from a backlash in Congress. “I was able to get Congress to leave him alone,” Trump told Woodward. “I was able to get them to stop.”Today, the president is trying to reap more benefits based on his protection of Prince Mohammed – beyond what Kushner and the Trump Organization have already amassed from Saudi investments during Trump’s time out of office. Trump is corrupting the presidency by using it to negotiate international golf agreements and other deals that will ultimately enrich his family – and hardly anyone is objecting.

      Mohamad Bazzi is director of the Hagop Kevorkian Center for Near Eastern Studies, and a journalism professor at New York University More

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      What to Know About the Saudi Crown Prince’s Role in Global Diplomacy

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      The kingdom’s de facto leader, Crown Prince Mohammed bin Salman, was once shunned in diplomatic circles. Now he is playing an important role in negotiations over Gaza and Ukraine.Saudi Crown Prince Mohammed bin Salman, who has long angled to play a leading role on the world stage, was at the diplomatic center this week of two of the globe’s most pressing crises.On Monday, Prince Mohammed met with Secretary of State Marco Rubio in the Saudi capital, Riyadh, to discuss both the future of Gaza and the Ukraine war. The following day in Riyadh, there were friendly talks between Russia and the United States.And on Friday, the kingdom is expected to host Arab officials to plan for the reconstruction of Gaza.That Saudi Arabia is the setting for talks with such monumental stakes stands as further evidence that the crown prince — known by his initials M.B.S. — is well on his way to achieving his goal of becoming a global power player.The meetings represent a remarkable turnabout for Prince Mohammed, the oil-rich Gulf kingdom’s de facto leader who was shunned for a time in diplomatic circles. He was accused of severe human rights abuses that he has denied, including approving the killing in 2018 of the Washington Post journalist Jamal Khashoggi, a Saudi dissident.Here is what to know about the crown prince’s past actions and his plans for Saudi Arabia.A new vision for the kingdomIn 2016, about a year after his father, King Salman, ascended the throne, Prince Mohammed, then a deputy crown prince, introduced Vision 2030. The bold plan aimed to diversify the kingdom’s economy and make it less reliant on oil. It included increasing the number of Saudis in private employment, including women; soliciting foreign investment; and selling shares of Saudi Aramco, the state oil monopoly, to raise capital to invest in other sectors, like tourism.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      A Trump DOGE Dividend Could Raise Inflation

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      President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.President Trump’s speech at the FII Priority conference in Miami Beach was standing room only, with boldfaced names of the business world in attendance.Al Drago for The New York TimesDealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a dividend or refund check from money saved by DOGE rather than use all of it to pay down the debt. More below.Separately, since you may read about this elsewhere, I thought I’d share with you a secret I’ve been keeping: For the past eight years, I’ve been working on a follow-up to my book, “Too Big to Fail.” I’ve written what I think of as a prequel: a nonfiction, character-driven, behind-the-scenes account of 1929, the year of the most infamous market crash of all time. The book will be out in October. I’ll talk more about it then.Trump floats a new stimulus ideaPresident Trump swept into Miami Beach on Wednesday to speak at the FII Priority conference with yet another eyebrow-raising idea: using the savings he says Elon Musk’s cost-cutting team is finding to send taxpayers checks and repay the national debt.It isn’t clear whether this would actually happen. But Trump’s potential move — described to a crowd that included Musk; Eric Schmidt, formerly of Google; and Michael Klein, the deal-maker mogul — raises questions about the president’s economic priorities.What Trump described: forking over 20 percent of the savings that Musk’s so-called Department of Government Efficiency initiative has cut from government spending “to American citizens” and 20 percent to paying down the national debt. (He didn’t say what would happen to the remaining 60 percent.)What is Trump actually trying to accomplish? He has promised to cut the national debt, though critics say his plans for sweeping tax cuts and more would aggravate the nation’s fiscal burden.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Aides to Meet With Russian Officials About Ukraine Next Week

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      Three top foreign policy aides in the Trump administration plan to meet with Russian officials in Saudi Arabia next week to discuss a path to ending the war in Ukraine, the first substantial talks between the superpowers on the conflict.The meeting would come less than a week after President Trump spoke on the phone with President Vladimir V. Putin of Russia. Mr. Trump told reporters afterward that talks on ending Russia’s war in Ukraine would take place in Saudi Arabia. The plan for meetings next week in Riyadh was described to reporters on Saturday by a person familiar with the schedule who spoke on condition of anonymity to discuss national security concerns.The meeting will most likely draw criticism from some top Ukrainian officials. President Volodymyr Zelensky of Ukraine said Thursday that his country must be involved in any talks over its own fate, a statement he made after learning about the Trump-Putin call. Ukrainian officials fear Mr. Trump could try to reach a deal with the Russians that would not have strong security guarantees or viable terms for an enduring peace for Ukraine, which has been trying to repel a full-scale Russian invasion for three years.The top American officials who plan to attend are Marco Rubio, the secretary of state; Mike Waltz, the national security adviser; and Steve Witkoff, the Middle East envoy who also works on Ukraine-Russia issues, the person familiar with the schedule said.When asked whether any Ukrainian officials would attend, the person did not say — a sign that Ukraine will probably not take part in the talks, despite Mr. Trump saying this week that Ukrainians would participate in discussions in Saudi Arabia.Mr. Rubio and Vice President JD Vance met with Mr. Zelensky at the Munich Security Conference on Friday.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Questions dog Trump pick for Middle East adviser with inconsistent résumé

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      President-elect Donald Trump’s appointee to advise him on Middle East affairs, Massad Boulos, is reported to have significant discrepancies between his public profile and documented business background, casting doubt on the thoroughness of the former president’s vetting process.Corporate records reviewed by the New York Times reveal that Boulos, father-in-law to Tiffany Trump, is frequently described as a billionaire mogul, but actually manages a truck dealership in Nigeria that generated less than $66,000 in profit last year. The company, SCOA Nigeria PLC, is valued at approximately $865,000, with Boulos’s personal stake worth just $1.53, according to the securities filings in the Times report.The advisory position, which does not require Senate confirmation, follows Boulos’s prominent role in Trump’s 2024 campaign outreach to Arab American voters, particularly in key swing states like Michigan. Boulos positioned himself as a critical intermediary, helping Trump navigate complex political sentiments within Arab American communities – and doing Arab-language interviews with media in the region.While Boulos has been active in Arab American political circles, his murky business background and lack of diplomatic and policy expertise raises questions about the depth of the vetting process conducted by Trump’s team – who were also said to be caught-off guard by accusations against Pentagon nominee Pete Hegseth.During the campaign, Boulos pounded the pavement in Michigan to tout Trump’s foreign policy record, claiming he was “the only president in modern US history who did not start any wars”, despite Trump resupplying Saudi Arabia with an arms package, including precision bombs and munitions, for its brutal war in Yemen.Boulos’s political connections are multifaceted. He’s reported to maintain relationships with various Lebanese political figures, including Christian politician Sleiman Frangieh, an ally of Hezbollah whom the militant group endorsed for president.Boulos’s own background includes a failed parliamentary run in Lebanon in 2009. It was his son Michael’s marriage to Tiffany in Mar-a-Lago in 2022 that significantly elevated the family’s political profile.A May meeting with dozens of Arab American leaders in Michigan highlighted the challenges of Boulos’s political positioning. The gathering, which included Trump adviser Richard Grenell, reportedly became tense when Grenell repeated controversial comments about removing Palestinians from Gaza’s “waterfront property”, causing frustration among attendees.Trump announced the appointment on Truth Social in early December, describing Boulos as “a skilled negotiator and a steadfast advocate for PEACE in the Middle East”.skip past newsletter promotionafter newsletter promotionIf appointed, Boulos would inherit a Middle East in profound crisis, with Israel’s destructive and more than year-long war in Gaza leading to at least 45,000 dead Palestinians and international arrest warrants for the Israeli prime minister, Benjamin Netanyahu, former defense minister Yoav Gallant and Hamas leader Mohammed Deif. The portfolio also includes a new era for Syria as rebels toppled longtime autocrat Bashar al-Assad and war-torn Lebanon with ongoing strikes between Hezbollah and Israel.The appointment also follows a pattern of Trump selecting family-connected individuals for key positions, with Boulos joining Ivanka Trump’s father-in-law, Charles Kushner, who was named as the potential US ambassador to France. More

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      COP29 Climate Talks Get a Deal on Money, but Only After a Fight

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      The financing plan, which calls for $300 billion per year in support for developing nations, was immediately assailed as inadequate by a string of delegates.Negotiators at this year’s United Nations climate summit struck an agreement early on Sunday in Baku, Azerbaijan, to triple the flow of money to help developing countries adopt cleaner energy and cope with the effects of climate change. Under the deal, wealthy nations pledged to reach $300 billion per year in support by 2035, up from a current target of $100 billion.Independent experts, however, have placed the needs of developing countries much higher, at $1.3 trillion per year. That is the amount they say must be invested in the energy transitions of lower-income countries, in addition to what those countries already spend, to keep the planet’s average temperature rise under 1.5 degrees Celsius. Beyond that threshold, scientists say, global warming will become more dangerous and harder to reverse.The deal struck at the annual U.N.-sponsored climate talks calls on private companies and international lenders like the World Bank to cover the hundreds of billions in the shortfall. That was seen by some as a kind of escape clause for rich countries.As soon as the Azerbaijani hosts banged the gavel and declared the deal done, Chandni Raina, the representative from India, the world’s most populous country, tore into them, saying the process had been “stage managed.”“It is a paltry sum,” Ms. Raina said. “I am sorry to say that we cannot accept it. We seek a much higher ambition from developed countries.” She called the agreement “nothing more than an optical illusion.”Speakers from one developing country after another, from Bolivia to Nigeria to Fiji, echoed Ms. Raina’s remarks and assailed the document in furious statements.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Saudi Arabia Is Working to Undercut a Pledge to Quit Fossil Fuels

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      Despite endorsing the declaration at last year’s U.N. climate summit, officials have tried to eliminate the same language in at least five U.N. forums, diplomats said.As United Nations climate talks enter their final week in Azerbaijan and G20 leaders gather in Brazil, diplomats from Saudi Arabia, the world’s top oil exporter, are working to foil any agreement that renews a pledge to transition away from fossil fuels, negotiators said.“Maybe they’ve been emboldened by Trump’s victory, but they are acting with abandon here,” said Alden Meyer, senior associate with E3G, a London-based climate research organization, who is at the talks in Azerbaijan. “They’re just being a wrecking ball.”Negotiators say it’s part of a year-long campaign by Saudi Arabia to foil an agreement made last year by 200 nations to move away from oil, gas and coal, the burning of which is dangerously heating the planet.Saudi Arabia was one of the signatories to that deal, but has been working ever since to bury that pledge and make sure it’s not repeated in any new global agreements, according to five diplomats who requested anonymity to discuss the closed-door negotiations.With varying degrees of success, the Saudis have opposed transition language in at least five U.N. resolutions this year, the diplomats said. The Saudis fought it at a United Nations nuclear conference, at a summit of small island nations, during discussions of a U.N. blueprint for tackling global challenges, at a biodiversity summit and at a meeting of the Group of 20 finance ministers in Washington in October, according to the diplomats.Saudi government officials did not immediately respond to requests for comment.The election of Donald J. Trump has cast a pall over the climate negotiations in Azerbaijan, known as COP29. Mr. Trump has promised to withdraw the United States from the global fight against climate change and increase the American production of fossil fuels, which is already at record levels. That may be emboldening Saudi officials at the current climate talks, analysts say. On Saturday, Yasir O. Al-Rumayyan, the chairman of the board at Saudi Aramco, the state petroleum company, sat ringside with Mr. Trump at a U.F.C. fight in Madison Square Garden in New York City.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Iran and Trump Are Front of Mind at Saudi Summit

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      Leaders from across the Arab and Muslim world were in Riyadh for a meeting officially convened to discuss the fighting in Gaza and Lebanon.Leaders from across the Arab world gathered on Monday in the capital of Saudi Arabia for a summit that came at a delicate moment for the kingdom, which has signaled a rapprochement with Iran after a violent, decades-long rivalry.The meeting was officially convened to discuss the fighting in Gaza and Lebanon, where Israel’s military is battling Iran-backed militant groups. It takes place amid heightened regional tensions and the prospect of a hawkish Trump administration on Iran.Saudi Arabia had been preparing to recognize Israel, but the wars in Gaza and Lebanon cooled that prospect. Now, the kingdom and its allies find themselves warming to Tehran. Last month, the foreign ministers of the Persian Gulf states met for the first time as a group with their Iranian counterpart. On Sunday, the chief of staff of Saudi Arabia’s armed forces met with his Iranian counterpart in Tehran — further signaling a thaw in relations as Iran considers a response to Israeli attacks on its territory.Saudi Arabia’s powerful crown prince, Mohammed bin Salman, emphasized the relationship in his opening remarks at the summit on Monday.“We call on the international community to compel Israel to respect Iran’s sovereignty and not to attack its territory,” he told the audience in Riyadh, the Saudi capital. Saudi Arabia and Iran have been locked in a long battle for regional dominance, a rivalry shaped by the competing branches of Islam each country embraces. Iran’s network of regional proxies — which includes Hamas in Gaza and Hezbollah in Lebanon — has long been a particular source of concern for Saudi Arabia.While Hamas and Hezbollah have been weakened by the Israeli military’s operations in Gaza and Lebanon, Iran still arms and supports the Houthis in Yemen — a group that has been implicated in attacks on the kingdom.“The issue that we’ve had, and that was the basis for the divergence in our relationship, was Iran’s regional behavior, which from our perspective has not contributed to stability,” the Saudi foreign minister, Prince Faisal bin Farhan, said last week. “We are having very, very clear and honest conversations with the Iranians.”Analysts said that Saudi Arabia could also be using the summit in Riyadh as an opportunity to send a message to the incoming Trump administration. President-elect Donald J. Trump has said he will “stop wars” when he takes office, noted Hasan Alhasan, a senior fellow for Middle East policy at the International Institute for Strategic Studies.“Saudi Arabia could be trying to position itself as an attractive and credible choice for the Trump administration to work with if Trump follows through with his pledge to broker a deal to end the war, especially given the fact that diplomatic efforts led by other regional mediators, notably Qatar and Egypt, have failed to bear fruit,” Mr. Alhasan said. More