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      Saudi Aramco Abruptly Drops Plans to Expand Oil Production

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      The pullback, at the behest of the Saudi government and made with little comment, probably reflects a more subdued outlook for demand of Saudi Arabia’s oil.Saudi Aramco said Tuesday that it would call off plans to expand its oil output, a remarkable turnaround by one of the world’s leading petroleum producers.Aramco, the national oil company of Saudi Arabia, said it had been directed by the government in Riyadh to maintain its “maximum sustainable capacity” of crude oil production at 12 million barrels a day, and give up a drive to increase it to 13 million barrels a day by 2027, a plan announced several years ago.The oil giant did not provide a reason for the pullback. But it could be a sign that the Saudis are changing their thinking about future supply and demand for their oil. Global oil supplies have recently been stronger than the Saudis anticipated because of strong growth in output from shale drilling in the United States, which is now the world’s leading oil producer, and other sources. At the same time, some analysts expect demand to level out in the coming decade.“The decision probably reflects a view that the world does not need as much Saudi oil as was previously expected,” said Neil Beveridge, an analyst at Bernstein, a research firm.The government may want to free up money to spend on Crown Prince Mohammed bin Salman’s ambitious development plans, as well as on alternative sources of energy like natural gas and hydrogen. Aramco said it had received instructions to dial back expansion from the ministry of energy, which is run by Prince Abdulaziz bin Salman, the older half brother of the crown prince.Reducing future capacity at a time of growing tension in the Middle East could create worries, but the Saudi move does not mean that there will be a drop in oil volumes anytime soon, analysts say. At the moment, Aramco is producing about 3 million barrels a day less than it can.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?  More

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      in US Politics

      Trump businesses received millions in foreign payments while he was in office

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      Donald Trump “repeatedly and willfully” violated the US constitution by “allowing his businesses to accept millions of dollars from some of the most corrupt nations on Earth”, prominently including China, the top Democrat on the House oversight committee charged on Thursday, unveiling a 156-page report on the matter.Four businesses owned by Trump’s family conglomerate received at least $7.8m in payments in total from 20 countries during his four years in the White House, the report said. It added that the payments probably represented just a fraction of foreign payments to the Republican president and his family during his administration, which ran from 2017 to 2021.The foreign emoluments clause of the US constitution bars the acceptance of gifts from foreign states without congressional consent.Trump broke with precedent – and his own campaign-trail promises – and did not divest from his businesses or put them into a blind trust when he took office, instead leaving his adult sons to manage them.The issue of foreign spending at Trump-owned businesses proceeded to dog Trump throughout his time in power.On Thursday, Jamie Raskin of Maryland, the ranking Democrat on the oversight committee, said: “After promising ‘the greatest infomercial in political history’ [regarding his business interests] … Trump repeatedly and willfully violated the constitution by failing to divest from his business empire and allowing his businesses to accept millions of dollars in payments from some of the most corrupt nations on earth.”Such countries spent – “often lavishly”, the report said – on apartments and hotel stays at properties owned by Trump’s business empire, thereby “personally enriching President Trump while he made foreign policy decisions connected to their policy agendas with far-reaching ramifications for the United States”.Raskin said: “The limited records the committee obtained show that while Donald Trump was in office, he received more than $5.5m from the Chinese government and Chinese state-owned enterprises, as well as millions more from 19 other foreign governments including Saudi Arabia, Qatar, the United Arab Emirates and Malaysia, through just four of the more than 500 entities he owned.”Those four properties – Trump International Hotel in Washington, Trump Tower and Trump World Tower in New York, and Trump International Hotel in Las Vegas – represented less than 1% of the 558 corporate entities Trump owned either directly or indirectly while president, the report said.Raskin said: “The governments making these payments sought specific foreign policy outcomes from President Trump and his administration. Each dollar … accepted violated the constitution’s strict prohibition on payments from foreign governments, which the founders enacted to prevent presidents from selling out US foreign policy to foreign leaders.”Shortly after Trump was elected, Congress began investigating potential conflicts of interest and violations of the emoluments clause. The investigation led to a lengthy court dispute which ended in a settlement in 2022, at which point Trump’s accounting firm, Mazars, began producing documents requested.After Republicans took over the House last year, the oversight committee stopped requiring those documents. A US district court ended litigation on the matter. Mazars did not provide documents regarding at least 80% of Trump’s business entities, Democrats said on Thursday.Trump is the frontrunner for the Republican nomination this year, despite facing 91 criminal indictments, assorted civil threats and moves to bar him from the ballot in Colorado and Maine, under the 14th amendment meant to stop insurrectionists running for office.His campaign did not immediately comment on the Democratic report.skip past newsletter promotionafter newsletter promotionRaskin pointed a finger at a leading Trump ally, James Comer of Kentucky, the Republican oversight chair.“While the figures and constitutional violations in this report are shocking, we still don’t know the extent of the foreign payments that Donald Trump received – or even the total number of countries that paid him and his businesses while he was president – because committee chairman James Comer and House Republicans buried any further evidence of the Trump family’s staggering corruption.”Comer – who is leading Republican attempts to impeach Joe Biden over alleged corruption involving foreign money – issued a statement of his own.“It’s beyond parody that Democrats continue their obsession with former President Trump,” Comer said. “Former President Trump has legitimate businesses but the Bidens do not. The Bidens and their associates made over $24m by cashing in on the Biden name in China, Russia, Ukraine, Kazakhstan, and Romania. No goods or services were provided other than access to Joe Biden and the Biden network.”Most observers say Republicans have not produced compelling evidence of corruption involving Biden, members of his family and foreign interests. The New York Times, for example, judged recently that “many messages cited by Republicans as evidence of corruption by President Biden and his family are being presented out of context”.On social media on Thursday, the California Democrat Eric Swalwell said: “No president ever personally enriched himself more while in office than Donald Trump. And mostly, in his case, from foreign cash. I don’t want to hear another peep about bogus Biden allegations. Game, set, match. Move on.”Raskin said: “By concealing the evidence of Trump’s grift, House Republicans shamefully condone former President Trump’s past conduct and keep the door open for future presidents to exploit higher office.”The family business empire, the Trump Organization, including Donald Trump and his two oldest sons, Don Jr and Eric, is in the closing stages of a civil trial brought by the New York attorney general, Letitia James.Reuters contributed reporting More

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      Trump señala a Hunter Biden por sus negocios. Sobre su familia, no habla

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      El expresidente ha arremetido contra Joe Biden por los negocios de su hijo en el exterior, a pesar de que la familia Trump hace muchos tratos de ese tipo.Tras su cuarta acusación formal, que eleva a 91 el total de cargos en su contra por delitos graves, el expresidente Donald Trump publicó en línea la semana pasada un video en el que tilda de delincuentes al presidente Joe Biden y su familia.“La familia de delincuentes Biden”, según él, recibió millones de dólares de países extranjeros. “Creo que tenemos un presidente que es vulnerable”, señaló Trump, y añadió: “Es un pelele. Por eso el corrupto Joe deja que otros países pisoteen a Estados Unidos”.Para Trump, la indignación es selectiva cuando se trata de familias presidenciales que reciben millones de dólares de países extranjeros. Durante sus cuatro años en la Casa Blanca y los más de dos años y medio que han pasado desde entonces, Trump y sus familiares han recibido dinero de todo el planeta en cantidades muy superiores a las que, según se ha informado, recibió Hunter Biden, el hijo del presidente.A diferencia de otros presidentes modernos, Trump nunca renunció al control sobre sus extensos negocios con intereses en múltiples países y tampoco dejó de hacer tratos en el extranjero, incluso durante su mandato como presidente. Ganó dinero y promovió con total descaro su empresa familiar, ignorando todo tipo de normas. Por ejemplo, el hotel de lujo que abrió muy cerca de la Casa Blanca se convirtió en el destino preferido de grupos de cabildeo, negociadores y gobiernos extranjeros, incluidos los de Arabia Saudita, Kuwait y Baréin, que gastaron a manos llenas en hospedaje, galas y otros eventos.Además, Trump permitió que su familia ocupara puestos en el gobierno sin ninguna división clara con sus intereses privados. A diferencia de Hunter Biden, tanto la hija de Trump, Ivanka Trump, como su yerno, Jared Kushner, formaron parte del personal de la Casa Blanca, donde podían definir políticas decisivas para las empresas del extranjero.Kushner estuvo muy involucrado en la definición de la estrategia gubernamental para Medio Oriente y estableció múltiples contactos en la región. Después de salir de la Casa Blanca, Kushner fundó una firma de capital de inversión con 2000 millones de dólares en fondos de Arabia Saudita y cientos de millones más de otros países árabes para los que las políticas estadounidenses fueron ventajosas, y a los que les conviene que Trump regrese a la presidencia.“Los enredos comerciales de la familia Trump en el extranjero fueron mucho más numerosos e involucraron decenas de conflictos con empresas foráneas”, señaló Norman Eisen, abogado que objetó ante tribunales, sin éxito, la costumbre del exmandatario de aceptar dinero del extranjero durante su mandato.Estos enredos “implicaban a gente como Jared e Ivanka, que sí trabajaban en el gobierno; Hunter, en cambio, nunca fue empleado gubernamental”, añadió Eisen. “De hecho, el mismo Trump se benefició abiertamente, mientras que no hay ni la más mínima prueba de que Biden se haya beneficiado nunca”.Los negocios de Hunter Biden generaron inquietudes debido a que, tanto en testimonios como en noticias, se dio a entender que aprovechó su apellido para concretar acuerdos lucrativos. Un antiguo socio comercial les comentó a investigadores del Congreso que el joven Biden aprovechaba “la ilusión de acceso a su padre” para conseguir posibles socios.Jared Kushner, yerno del expresidente, creó una empresa de capital riesgo con 2000 millones de dólares en fondos procedentes de Arabia Saudita.Tamir Kalifa para The New York TimesNo se ha presentado ninguna prueba real de que Joe Biden, mientras fue vicepresidente, haya participado en esos negocios o se haya beneficiado, ni de que haya aprovechado su cargo para favorecer a los socios de su hijo.No obstante, aunque Biden afirma haberse mantenido distanciado de las actividades de su hijo, sus afirmaciones se han visto socavadas porque, según algunas declaraciones, Hunter puso a su padre en el altavoz durante conversaciones con socios internacionales de negocios; el futuro presidente hablaba sobre temas informales como el clima, no de negocios, según las declaraciones, pero al parecer el objetivo era impresionar a los colaboradores de Hunter.Por lo regular, todo esto originaría algún tipo de escrutinio en Washington, donde los familiares de los presidentes desde hace tiempo han aprovechado su posición para ganar dinero. La fama y el acceso al poder valen mucho en la capital de la nación, así que un familiar que frecuenta Camp David, tiene un buen asiento en una cena oficial o vuela en el Air Force One tiene garantizado que le regresen las llamadas. Esta tradición ha enfadado a muchos estadounidenses, e incluso los demócratas expresan en privado su desagrado por las actividades de Hunter Biden.“Si hizo negocios gracias a la influencia de su padre, debería rendir cuentas por eso”, dijo hace poco el representante Jim Himes, demócrata de Connecticut, en MSNBC. “Y lo enfatizo porque nunca nadie ha escuchado a un republicano decir lo mismo sobre Donald Trump o su familia”.Los republicanos que investigan a la familia Biden señalan que ganaron más de 20 millones de dólares de fuentes extranjeras en China y Ucrania, entre otros lugares, pero un análisis de memorandos del Congreso efectuado por el Washington Post indicó que la mayoría del dinero lo recibieron sus socios de negocios y la familia Biden solo obtuvo siete millones de dólares, principalmente Hunter.“Lo que tienen en común Hunter y Jared es que son hijos bien educados de personas prominentes, además de que sus relaciones familiares sin duda les ayudaron en los negocios”, explicó Don Fox, antiguo abogado general de la Oficina de Ética del Gobierno de Estados Unidos. “Pero las similitudes no pasan de ahí”.“Hunter nunca ha ocupado un cargo en el gobierno y realizó gran parte de su trabajo relacionado con Ucrania cuando su padre no estaba en el poder”, prosiguió Fox. La cantidad de dinero que Kushner podría ganar gracias a los fondos que invirtieron los sauditas, añadió, “eclipsa lo que cualquiera le haya pagado a Hunter”.La analogía con Hunter Biden irrita a Kushner, que ya tenía una larga trayectoria en los negocios antes de trabajar en el gobierno y se enorgullece de haber negociado los Acuerdos de Abraham, los convenios diplomáticos que normalizaron las relaciones entre Israel y varios de sus vecinos árabes.Algunas personas de su círculo cercano afirman que la inversión de los sauditas y otros árabes se debe a que confían en que puede ayudarles a ganar dinero, no a que estén agradecidos por las políticas que impulsó. Además, resaltaron que el gobierno de Biden no ha dado marcha atrás a esas políticas, sino que ha tratado de lograr más avances a partir de los Acuerdos de Abraham.“No existe ninguna comparación de hecho entre Hunter y Jared”, indicó un representante de Kushner en un comunicado. “Jared ya era un empresario exitoso antes de incursionar en la política, logró concretar acuerdos de paz y de comercio históricos y, al igual que muchos antes que él, regresó a los negocios después de prestar sus servicios gratuitamente en la Casa Blanca, donde cumplió por completo con las normas de la Oficina de Ética del Gobierno”.Chad Mizelle, director legal de Affinity Partners, la empresa de Kushner, señaló en un comunicado: “Fuera de la política partidista, nadie ha identificado nunca algún lineamiento específico, legal o ético, que Jared o Affinity hayan contravenido”.Uno de los contados republicanos que han criticado la forma en que la familia Trump combinó el servicio en el gobierno con los negocios en el extranjero es Chris Christie, antiguo gobernador de Nueva Jersey que compite con el expresidente por la nominación republicana. “La familia Trump ha estado involucrada en actividades fraudulentas desde hace algún tiempo”, aseveró en CNN en junio.Christie, que como fiscal de Estados Unidos procesó al padre de Kushner, señaló los negocios del yerno del expresidente.“Jared Kushner, seis meses después de abandonar la Casa Blanca, obtiene 2000 millones de dólares del fondo soberano saudita”, dijo. “¿Qué estaba haciendo Jared Kushner en Oriente Medio? Teníamos a Rex Tillerson y Mike Pompeo como secretarios de Estado. No necesitábamos a Jared Kushner. Lo pusieron ahí para hacer esas relaciones, y luego las aprovechó cuando dejó el cargo”.Durante su tiempo en la Casa Blanca, Kushner reafirmó las relaciones entre Estados Unidos y Arabia Saudita y convenció a su suegro de que el reino fuera su primer destino en el extranjero como presidente, ayudó a negociar miles de millones de dólares en ventas de armas y forjó una relación estrecha con el príncipe heredero Mohamed bin Salmán.Kushner defendió al príncipe heredero Mohamed después de que los agentes sauditas asesinaron a Jamal Khashoggi, columnista de The Washington Post y residente en Estados Unidos. La CIA concluyó que el príncipe heredero Mohamed ordenó el asesinato en 2018. En 2021, el fondo soberano del príncipe heredero Mohamed aprobó la inversión de 2000 millones de dólares en la nueva firma de Kushner, a pesar de las objeciones de los propios asesores del fondo.El representante James Comer, republicano por Kentucky y presidente del Comité de Supervisión de la Cámara de Representantes que está investigando a los Biden, reconoció tener preocupaciones por el acuerdo saudita de Kushner.“Creo que lo que hizo Kushner cruzó la línea de la ética”, dijo Comer cuando se lo preguntó Jake Tapper de CNN a principios de este mes. “Lo que dijo Christie, sucedió después de que dejó el cargo. Igual, no hay excusa, Jake. Pero ocurrió después de que dejara el cargo. Y Jared Kushner en realidad tiene un negocio legítimo. Este dinero de los Biden ocurrió mientras Joe Biden era vicepresidente, mientras volaba a esos países”.Trump ha atacado al presidente Biden por los negocios de su hijo, Hunter Biden, en el extranjero.Kenny Holston/The New York TimesDe hecho, como indican los informes del comité de Comer, parte del dinero de Hunter Biden en el extranjero llegó mientras su padre era vicepresidente, pero una parte significativa llegó después.Los portavoces de Comer y Trump no respondieron a las peticiones de comentarios.Trump nunca ha rehuido el dinero del extranjero. Incluso cuando era candidato en 2016, trató de concretar en secreto un convenio para construir una Torre Trump en Moscú hasta después de haber obtenido la nominación republicana. Uno de sus abogados se comunicó con el Kremlin para lograr que apoyaran el proyecto, el mismo Kremlin con el que interactuó Trump unos meses más tarde en carácter de presidente.Para calmar las inquietudes en torno a sus intereses financieros fuera del país, Trump prometió no emprender nuevos negocios en el extranjero mientras ocupara la presidencia. Pero no renunció a los numerosos proyectos que ya tenía en otros países y que le generaban dinero, y su empresa, la Organización Trump, cuyos directores formales son sus hijos Donald Trump Jr. y Eric Trump, tampoco dejó de ampliar sus operaciones en el extranjero.Durante los cuatro años de Trump en la Casa Blanca, la Organización Trump recibió la aprobación de 66 marcas comerciales en el extranjero, según un informe de la organización Citizens for Responsibility and Ethics en Washington, la mayoría de ellas de China y otras de Argentina, Brasil, Canadá, Perú, Filipinas, Indonesia, México, Emiratos Árabes Unidos y la Unión Europea.Las empresas extranjeras fueron buenos clientes de Trump. Mientras estuvo en el cargo, 145 funcionarios extranjeros de 75 gobiernos visitaron inmuebles de Trump y gobiernos extranjeros o grupos afiliados a ellos organizaron 13 eventos en sus hoteles y resorts, según el informe del grupo defensor de la ética.Aunque Trump describió en el video de la semana pasada a Biden como marioneta de los chinos y agregó la falsedad de que “China le ha pagado una fortuna”, su propia familia ha tenido relaciones significativas con Pekín. Además de las marcas comerciales mencionadas, Forbes calculó que un negocio de Trump durante su presidencia recaudó por lo menos 5,4 millones de dólares por concepto de renta del Banco Industrial y Comercial de China, controlado por el gobierno.La familia de Kushner negoció con firmas chinas y cataríes el rescate de la torre ubicada en el número 666 de la Quinta Avenida en la ciudad de Nueva York, que estaba sumida en deudas, y al final se concretó un contrato de arrendamiento de 1100 millones de dólares con una empresa estadounidense que tenía entre sus inversionistas al fondo soberano de Catar (para entonces, Kushner había vendido la parte de la torre que era de su propiedad a un fideicomiso familiar del que no era beneficiario, y las personas involucradas en el acuerdo indicaron que los cataríes no supieron nada de ese acuerdo con anterioridad).Por su parte, cuando se integró al personal de la Casa Blanca, Ivanka Trump conservó en un principio su línea de ropa y accesorios y recibió autorización para 16 marcas comerciales de China en 2018; más adelante, decidió suspender las operaciones del negocio.Aunque Eisen y otros promovieron demandas por violaciones a la cláusula de emolumentos de la Constitución, ninguna autoridad ha declarado ilícita alguna de las operaciones comerciales de la familia Trump en el extranjero. Tampoco ha sido así en el caso de Hunter Biden.Pero, según Donald Trump, un negocio es suficiente para comprometer a un presidente y del otro no hay que hablar.Peter Baker es el corresponsal jefe de la Casa Blanca y ha cubierto a los últimos cinco presidentes estadounidenses para el Times y The Washington Post. Es autor de siete libros, el más reciente The Divider: Trump in the White House, 2017-2021, con Susan Glasser. Más de Peter Baker More

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      in Elections

      Trump Condemns Hunter Biden’s Foreign Business. He’s Quiet on His Own.

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      Donald J. Trump has berated Joseph R. Biden Jr. for his son’s overseas deal making, despite plenty of overseas deal making by the Trump family.After his fourth indictment, bringing his total count of felony charges to 91, former President Donald J. Trump last week posted a video online accusing President Biden and his family of being criminals.“The Biden crime family,” he claimed, had received millions of dollars from foreign countries. “I believe we have a compromised president,” Mr. Trump said, adding: “He’s a Manchurian candidate. That’s why Crooked Joe is letting other countries walk all over the United States.”For Mr. Trump, outrage is a selective commodity when it comes to presidential families taking millions of dollars from foreign countries. During his four years in the White House and in the more than two and a half years since, Mr. Trump and his relatives have been on the receiving end of money from around the globe in sums far greater than anything Hunter Biden, the president’s son, reportedly collected.Unlike other modern presidents, Mr. Trump never gave up control of his sprawling business with its interests in multiple countries, nor did he forswear foreign business even as president. He shattered norms in his money making and unabashed boosting of his family’s company. The luxury hotel he opened down the street from the White House, for example, became the favored destination for lobbyists, dealmakers and foreign governments, including Saudi Arabia, Kuwait and Bahrain, which paid handsomely for accommodations, galas and more.Mr. Trump also permitted his family to take positions in government that blurred the lines when it came to their private interests. Unlike Hunter Biden, Mr. Trump’s daughter Ivanka Trump and son-in-law Jared Kushner both served on the White House staff, where they could shape policies of concern to overseas businesses.Mr. Kushner was heavily involved in setting the administration’s approach to the Middle East and made multiple contacts in the region. After turning in his White House badge, Mr. Kushner started a private equity firm with $2 billion in funds from Saudi Arabia and hundreds of millions more from other Arab countries that stood to benefit from U.S. policies and have an interest in a possible second Trump administration.“The Trump family foreign commercial entanglements were far more numerous, involving dozens of foreign business conflicts,” said Norman Eisen, a lawyer who led unsuccessful court challenges to the former president’s practice of taking foreign money while in office.The entanglements “implicated those like Jared and Ivanka who were actually working in government, whereas Hunter never did,” Mr. Eisen added. “Indeed, Trump himself openly benefited, whereas there’s not a shred of evidence that Biden the elder ever did.”Hunter Biden’s business dealings have raised concerns because testimony and reports have indicated that he traded on his family name to generate lucrative deals. A former business partner has told congressional investigators that the younger Biden parlayed “the illusion of access to his father” to win over potential partners.Jared Kushner, the former president’s son-in-law, started a private equity firm with $2 billion in funds from Saudi Arabia.Tamir Kalifa for The New York TimesNo hard evidence has emerged that Mr. Biden, while vice president, personally participated in or profited from the business deals or used his office to benefit his son’s partners.But Mr. Biden’s statements distancing himself from his son’s activities have been undercut by testimony indicating that Hunter put his father on speakerphone with international business associates; the future president talked about casual things like the weather, not business, according to testimony, but it seemed intended to impress Hunter’s associates.All of which would typically generate scrutiny in Washington, where relatives of presidents have long taken advantage of their positions to make money. Access and celebrity are coins of the realm in the nation’s capital, and a relative who frequents Camp David, enjoys a good seat at a state dinner or rides Air Force One can get phone calls returned. This tradition has turned off many Americans, and even Democrats privately voice discomfort at Hunter Biden’s activities.“If he traded on his father’s influence, he should be held accountable for that,” Representative Jim Himes, Democrat of Connecticut, said on MSNBC recently. “And I’m emphasizing this because you never, ever heard a Republican say the same thing about Donald Trump or his family.”Republicans investigating the Bidens say they made more than $20 million from foreign sources in China, Ukraine and elsewhere, but a Washington Post analysis of congressional memos indicated that most of the money went to business associates, with $7 million going to the Bidens themselves, mainly Hunter.“What both Hunter and Jared have in common is that they are the well-educated sons of prominent people, and that their familial ties certainly helped them in business,” said Don Fox, a former general counsel of the U.S. Office of Government Ethics. “That is where the similarities end.”“Hunter never held public office, and a fair amount of his work involving Ukraine occurred when his father was out of office,” Mr. Fox continued. The amount of money that Mr. Kushner could earn from the funds invested by the Saudis, he added, “dwarfs what anyone ever paid Hunter.”The analogy to Hunter Biden rankles Mr. Kushner, who had a long track record in business before joining government and takes pride in negotiating the Abraham Accords, the diplomatic agreements normalizing relations between Israel and several Arab neighbors.People close to him argue that the investments from the Saudis and other Arabs were based on trust that he could make money for them, not out of gratitude for policies he promoted. And they noted that the Biden administration has not reversed those policies but instead sought to build on the Abraham Accords.“There is no factual comparison between Hunter and Jared,” a representative for Mr. Kushner said in a statement. “Jared was a successful businessman before entering politics, achieved historic peace and trade agreements, and like many before him, he re-entered business after serving for free in the White House, where he fully complied with the Office of Government Ethics rules.”Chad Mizelle, the chief legal officer for Affinity Partners, Mr. Kushner’s firm, said in a statement: “Partisan politics aside, no one has ever pointed to a specific legal or ethical guideline that Jared or Affinity has violated.”One of the few Republicans to criticize the Trump family’s blending of government service and foreign business has been Chris Christie, the former New Jersey governor running against the former president for next year’s Republican nomination. “The Trump family have been involved in grifting for quite some time,” he said on CNN in June.Mr. Christie, who as a U.S. attorney prosecuted Mr. Kushner’s father, singled out the business dealings of the former president’s son-in-law.“Jared Kushner, six months after he leaves the White House, gets $2 billion from the Saudi sovereign wealth fund,” he said. “What was Jared Kushner doing in the Middle East? We had Rex Tillerson and Mike Pompeo as secretaries of state. We didn’t need Jared Kushner. He was put there to make those relationships, and then he cashed in on those relationships when he left the office.”While in the White House, Mr. Kushner bolstered ties between the United States and Saudi Arabia, convincing his father-in-law to make the kingdom his first foreign destination as president, helping broker billions of dollars in arms sales and forging a close relationship with Crown Prince Mohammed bin Salman.Mr. Kushner defended Prince Mohammed after Saudi operatives murdered Jamal Khashoggi, a columnist for The Post and United States resident. The C.I.A. concluded that Prince Mohammed ordered the 2018 killing. In 2021, Prince Mohammed’s sovereign wealth fund approved the $2 billion investment in Mr. Kushner’s new firm despite objections from the fund’s own advisers.Representative James R. Comer, Republican of Kentucky and chairman of the House Oversight Committee that is investigating the Bidens, acknowledged concerns with Mr. Kushner’s Saudi deal.“I think that what Kushner did crossed the line of ethics,” Mr. Comer said when asked by CNN’s Jake Tapper earlier this month. “What Christie said, it happened after he left office. Still no excuse, Jake. But it happened after he left office. And Jared Kushner actually has a legitimate business. This money from the Bidens happened while Joe Biden was vice president, while he was flying to those countries.”Mr. Trump has attacked President Biden for his son Hunter Biden’s overseas deal making.Kenny Holston/The New York TimesIn fact, as Mr. Comer’s committee reports indicate, some of Hunter Biden’s overseas money came while his father was vice president, but a significant share came afterward.Spokesmen for Mr. Comer and Mr. Trump did not respond to requests for comment.Mr. Trump has never been allergic to foreign money. Even as a candidate in 2016, he secretly pursued a deal to build a Trump Tower in Moscow until after he had effectively secured the Republican nomination. One of his lawyers reached out to the Kremlin for support for the project, the same Kremlin that Mr. Trump would interact with a few months later as president.To address concerns about foreign financial interests, Mr. Trump promised not to pursue new business overseas while in office, but he did not give up his many existing moneymaking ventures in other countries and his company, formally run by his sons Donald Trump Jr. and Eric Trump, continued to expand operations abroad.During Mr. Trump’s four years in the White House, the Trump Organization received 66 foreign trademarks, according to a report by the Citizens for Responsibility and Ethics in Washington, with most of them coming from China but others from Argentina, Brazil, Canada, Peru, the Philippines, Indonesia, Mexico, the United Arab Emirates and the European Union.Foreign entities were good customers for Mr. Trump. While in office, 145 foreign officials from 75 governments visited Trump properties and foreign governments or affiliated groups hosted 13 events at his hotels and resorts, according to the ethics group report.While Mr. Trump in last week’s video described Mr. Biden as a puppet of the Chinese, falsely claiming that “China has paid him a fortune,” his own family has had significant financial ties to Beijing. Beyond the trademarks, Forbes calculated that a Trump business during his presidency collected at least $5.4 million in rent from the state-controlled Industrial and Commercial Bank of China.Mr. Kushner’s family negotiated with Chinese and Qatari entities to rescue its debt-saddled Manhattan tower at 666 Fifth Avenue, eventually brokering a $1.1 billion lease deal with an American company whose investors included Qatar’s sovereign wealth fund. (By that time, Mr. Kushner had sold his share of the tower to a family trust of which he was not a beneficiary, and people involved in the deal said the Qataris did not know about the deal before it was made.)Ivanka Trump, for her part, initially kept her own clothing and accessories line while serving on the White House staff and received approval for 16 trademarks from China in 2018 before later deciding to shut down the business.Despite lawsuits by Mr. Eisen and others alleging violations of the Constitution’s emoluments clause, none of the Trump family’s overseas deal making was ever determined to be illegal by any authority. Nor has any of Hunter Biden’s.But in Mr. Trump’s telling, one is enough to compromise a president and the other is not something to talk about. More

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      US senator warns top Saudi over refusal to testify on PGA golf deal

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      A senior US lawmaker has challenged a Saudi Arabian official’s refusal to voluntarily testify before a Senate committee investigating the kingdom’s controversial golf deal with the PGA Tour, saying officials should be prepared to be subject to American laws and oversight if they invest in the US.Richard Blumenthal, a Democratic senator from Connecticut who serves as chairman of the Senate’s permanent subcommittee on investigations, also said he would consider “other legal methods” to force Yasir al-Rumayyan, the governor of the Public Investment Fund (PIF), to testify if he continued to refuse.Al-Rumayyan, who also serves as the chairman of Saudi Aramco and the Premier League club Newcastle United, was given until 18 August to comply with the committee’s documents request.Any move to testify before the Senate could have significant implications for al-Rumayyan, including being subjected to questions about the controversial so-called “anti-corruption” drive headed by the Saudi crown prince, Mohammed bin Salman. That effort saw assets transferred to the PIF, and the alleged use by the kingdom of PIF-owned jets to transport Saudi agents who killed the journalist Jamal Khashoggi at the Saudi consulate in Istanbul.There is no suggestion that al-Rumayyan had any knowledge or personal involvement in the matter.While the increasingly fractious exchanges between the Senate committee and the PIF appear to be centered on the Saudi-backed merger between the PGA Tour and the LIV Tour, Blumenthal’s comments strike at larger concerns in Washington over Saudi Arabia’s investment ambitions.Blumenthal said the PIF, which is worth about $780bn, already has “extensive business dealings” in the US and was much more than a “passive investor”. The sovereign wealth fund holds a $3.5bn stake in Uber, has recently established a US subsidiary, and holds investments in prominent US venture capital firms.“In short, PIF cannot have it both ways: if it wants to engage with the United States commercially, it must be subject to United States law and oversight,” Blumenthal said.The Senate committee investigating the PGA deal sent its first request to al-Rumayyan on 21 June, inviting him to testify at a 11 July hearing. The PIF declined, citing scheduling conflicts.In a letter released on Wednesday, Blumenthal said the committee’s second request – for al-Rumayyan to testify at an acceptable date in September – was met with a letter from PIF’s legal counsel, saying that al-Rumayyan would be “an inappropriate witness” because he was a minister “bound by the kingdom’s laws regarding the confidentiality of certain information”.The senator rejected the claim, pointing to a US district court decision in California, which ruled that al-Rumayyan was not exempt from testifying in legal matters connected to the PIF’s commercial activities. The court added that Saudi Arabia’s “sovereign considerations” were diminished by the PIF’s intent to benefit from its investments in the US.The PIF’s position – that al-Rumayyan deserves sovereign immunity because of his position as a Saudi official, and his obligations to the Saudi state – appears to directly contradict the kingdom’s public stance on other deals.In the UK, the PIF’s takeover of a controlling stake in Newcastle in October 2021 was given the green light after the club was given “legally binding assurances” that the kingdom would not have any control over the club.The PIF has declined in the past to address the apparent contradiction. The fund did not immediately comment on the Blumenthal letter. More

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      Tony Blair, Former U.K. Leader, Is Suddenly Back in Favor

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      The former British prime minister, who left Downing Street widely unpopular, is back in favor with his party, Labour, which hopes his political skills can be an advantage as an election nears.A decade and a half after Tony Blair left Downing Street, one issue still defines the former British prime minister in the eyes of many Britons: his disastrous decision to join the U.S.-led invasion of Iraq.When Mr. Blair was given a knighthood by Queen Elizabeth II last year, more than a million people signed a petition demanding the honor be rescinded. And within his own Labour Party, he remained a complex figure, detested by those on the far left while grudgingly admired by some who noted that he was the party’s only leader to have won three consecutive British elections.Today, with the Labour opposition sensing rising power under the stewardship of its leader, Keir Starmer, Mr. Blair is suddenly, and rather remarkably, back in favor. For Mr. Starmer, embracing Mr. Blair sends a political message, underscoring Labour’s shift to the center. But the former prime minister also has charisma and communication skills that Mr. Starmer lacks, assets that could be useful as a general election approaches.Last month, the two men appeared onstage together, exchanging compliments at a glitzy conference organized by the Tony Blair Institute for Global Change — an organization that works for governments around the world, including autocratic ones, and churns out policies that could help Labour if it wins the next election.Mr. Blair, now 70, is graying, thinner and his face a little more gaunt than when he left Downing Street in 2007. But he still effortlessly held the stage as he told the audience that Britain would be in safe hands if Mr. Starmer won the next election.“It was like the apostolic succession was being declared,” said John McTernan, a political strategist and onetime aide to Mr. Blair, who added that “the chemistry between the two guys made you think they talk a lot and they understand each other.”Mr. Blair and Labour’s current leader, Keir Starmer, exchanged compliments onstage at a Tony Blair Institute conference.Stefan Rousseau/Press Association, via Getty ImagesJill Rutter, a former civil servant and a senior fellow at the Institute for Government, a London-based research institute, said Mr. Blair “has clearly been keen to reinsert himself as a big player in British politics,” but Mr. Starmer “is the first leader who seems prepared to let him do so.”The right-leaning Daily Telegraph newspaper was more blunt. “Tony Blair is preparing to rule Britain again — and Starmer might just let him,” read the headline of an opinion article.Mr. Blair led Labour into power in 1997 in a landslide victory and was prime minister for a decade, shifting the party to the center, helping to negotiate a peace deal in Northern Ireland and presiding over an economy strong enough to invest in health and education.But by the end of his tenure, and as Iraq descended into chaos, the public had soured on Mr. Blair, who, along with George W. Bush, the United States president, had justified the invasion with never-substantiated claims that the country had weapons of mass destruction. The invasion led to years of sectarian violence in Iraq and the rise of Islamist militant groups that became precursors to the Islamic State.Mr. Blair’s reputation post-Downing Street was further damaged by lucrative consultancy work for governments with dubious human rights records, seeming to confirm his affinity for wealth. Such questions have also been raised about his institute. London’s Sunday Times recently reported that the institute continued to advise the government of Saudi Arabia after the slaughter of the writer Jamal Khashoggi and still received money from the kingdom.The awarding of a knighthood to Mr. Blair last year prompted a street protest.Antony Jones/Getty ImagesIn a statement, the institute said, “Mr. Blair took the view then and is strongly of the view now — as he has said publicly — that whilst the murder of Mr. Khashoggi was a terrible crime that should never have happened, the program of social and economic change underway in Saudi Arabia is of immense and positive importance to the region and the world.”“The relationship with Saudi Arabia is of critical strategic importance to the West,” it added, and “therefore staying engaged there is justified.”None of these criticisms have stopped a rehabilitation that would have been inconceivable while Labour was led by Mr. Starmer’s predecessor, Jeremy Corbyn, a left-winger and a fierce political adversary of Mr. Blair’s. At the time, Mr. Starmer worked alongside Mr. Corbyn, and when Mr. Starmer became party leader in 2020, he initially kept Mr. Blair at arm’s length.Now, their ties are so warm that when the former prime minister recently celebrated his birthday at a London restaurant, Mr. Starmer dropped by to wish him well.“Tony has just kept going after a period in which it was almost like the Labour Party didn’t want him to be around,” said Alastair Campbell, Mr. Blair’s former spokesman. “I think people eventually think, ‘Say what you like about the guy, but he’s good at what he does; he’s still the most credible explainer of difficult situations.’”Some see a modern-day political parable in Mr. Blair’s return.“A lot of politics has now taken on the narrative of celebrity,” said Mr. McTernan, the political strategist, adding, “Tony, as a political celebrity, fell in the eyes of the public but he has earned his way back.”“It’s not about forgiveness about Iraq, but there is an arc of a narrative around Tony,” Mr. McTernan said, with Britons starting to “be ready to listen again.”Mr. Blair addressing British troops as prime minister in Basra, Iraq, in 2003.Pool photo by Stefan RousseauMr. Blair’s political rehabilitation has been helped by comparisons with a governing Conservative Party that has presided over political turmoil. Years of deadlock over Brexit were broken when Boris Johnson won a landslide election in 2019 — only to be driven out of Downing Street last year under a cloud of scandal. He was replaced by Liz Truss, the British prime minister with the shortest stint in history, before Rishi Sunak restored some stability.“We have had such a succession of failed prime ministers that, to look at someone who did command the stage, you do look back and say, ‘He was quite a big dominating prime minister,’” said Ms. Rutter.The institute’s output has also helped change Mr. Blair’s image, Mr. Campbell, his former spokesman, said. The former prime minister saw a gap for relatively nonideological research focusing on technocratic policymaking and tackling challenges such as artificial intelligence, digital policy and relations with the European Union.With about 800 staff members scattered around the world in Abu Dhabi, Accra, San Francisco, Singapore and New York, and a sleek, modern office in the West End of London, the institute has even had influence over the Conservative government, Ms. Rutter said, pointing to Mr. Blair’s proposal during the coronavirus pandemic to structure its vaccine program around giving as many people as possible a first shot.Mr. Campbell, his former spokesman, added that the work of the institute showed Mr. Blair in a new light, making money not just for himself but also “to build an organization, the fruits of which people are now seeing.”Perhaps the biggest question is: Now what?Mr. Blair, on the left of the second row, sat with other former prime ministers at the coronation of King Charles III this year.Pool photo by Richard Pohle“In the campaign, does an intervention from Tony help?” Mr. Campbell said of the coming election. “In my mind, it would; it would be big news. But that’s a tactical question.”If Labour wins power, more possibilities for influence would open up for Mr. Blair.Ms. Rutter suggests he has built up his institute in part because, when he was in Downing Street — which has relatively few staff members compared with government departments — he believed he had too few experts at his disposal.“The question is whether Blair is content to have an institute churning out reports that a Labour government may or may not want to look at, or will he be looking to be more of a power behind the throne,” she said.Mr. Blair, she added, “has tried to amass a huge piece of policy capability — the only problem for him now is that he’s not prime minister.” More

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      LIV Golf Has Embraced Trump, but Others Are Keeping Their Distance

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      LIV Golf has embraced the former president. But much of golf’s establishment is keeping its distance, even as LIV and the PGA Tour seek a détente.Walking toward a tee box in Virginia in May, former President Donald J. Trump offered an awfully accurate assessment of the way many golf executives viewed him.“They love the courses,” he said, forever the salesman for his family company’s portfolio of properties, “but I think they probably consider me a little bit controversial right now.”As much as some leaders of men’s golf are trying to patch the rupture created by the Saudi-backed LIV Golf circuit, a tour Trump has championed, they seem to be in no rush to end the former president’s exile from their sport’s buttoned-up establishment. Even in an era of gaudy wealth and shifting alliances in golf, Trump remains, for now, a measure too much for many.The consequences have been conspicuous for a figure who had expected to host a men’s golf major tournament in 2022. Now, his ties to the sport’s elite ranks often appear limited to LIV events and periodic rounds with past and present professionals. Jack Nicklaus, the 18-time major champion, caused a stir in April when he publicly stopped short of again endorsing a Trump bid for the White House.Nevertheless, on Thursday, when he was playing a LIV pro-am event at his course in Bedminster, N.J., Trump insisted he was in regular conversations with golf executives about top-tier tournaments.“They think as long as you’re running for office or in office, you’re controversial,” he said.Golf has been a regular respite for Democratic and Republican commanders in chief. But no American president has had a more openly combustible history with the sport than Trump, and perhaps no president besides Dwight D. Eisenhower, who is thought to have averaged about 100 rounds annually when he was in the White House, has had so much of his public image linked to golf.In the years before Trump won the presidency, he had at last started to make significant headway into the rarefied realms of golf.Trump watched his shot from the fairway.Doug Mills/The New York TimesIn 2012, the U.S. Golf Association picked the Bedminster property for the 2017 U.S. Women’s Open. Two years later, the P.G.A. of America said it planned to take the men’s P.G.A. Championship to the course in 2022. Also in 2014, Trump bought Turnberry, a mesmerizing Scottish property that had hosted four British Opens, and he imagined golf’s oldest major championship being contested there again.Once in the White House, Trump played with a parade of golf figures (though some of them appeared more attracted to the magic of the presidency than to Trump himself): Tiger Woods; Rory McIlroy; Ernie Els; Jay Monahan, the commissioner of the PGA Tour; and Fred S. Ridley, the chairman of Augusta National Golf Club.Trump’s 2016 campaign and presidency had given some in golf heartburn. But it was the Jan. 6, 2021, riot at the Capitol that most clearly chiseled away at his golf dreams. The P.G.A., which is distinct from the PGA Tour, which has dueled with LIV for supremacy over men’s professional golf, immediately moved its 2022 championship from Bedminster. The R&A, which organizes the British Open, made clear that it would not be bound for Turnberry anytime soon.LIV soon emerged as something of a life raft, an insurgent league with a craving for championship-quality courses and plenty of money to spend. It did not hurt that Trump had been strikingly cozy with the government in Riyadh whose wealth fund was ready to pour billions of dollars into LIV — and let some of those dollars, in turn, roll toward the Trump Organization for reasons that have been the subject of widespread speculation.Trump became a fixture at LIV events held at his courses, routinely jawing about the PGA Tour with variable accuracy. (He did, however, predict something like the planned transaction between the wealth fund and the PGA Tour.) This week’s event in New Jersey is his family’s fourth LIV tournament, and a fifth is planned for the Miami area in October.But the budding détente between the Saudis and the PGA Tour does not seem to be leading to an immediate one between Trump and the broader golf industry, which the Saudis could have enormous sway over in the years ahead.The PGA Tour has not publicly committed to maintaining the LIV brand if it reaches a conclusive deal with the wealth fund, and the tentative agreement says nothing about the future of men’s golf’s relationship with Trump. The PGA Tour has a history with Trump but ended its relationship with his company during the 2016 campaign. Tim Finchem, who was the tour’s commissioner then, denied at the time that the decision was “a political exercise” and instead called it “fundamentally a sponsorship issue.”To no one’s surprise, the tour’s 2024 schedule, which the circuit released on Monday, features no events at Trump properties. And although Trump said a few months ago that he thought the Irish Open might be interested in his Doonbeg course, the DP World Tour, which is also a part of the agreement with the Saudi wealth fund, has said the course is not under consideration.Other top golf figures who are not bound by any deal with the Saudis somehow appear even less interested.Trump Turnberry in Scotland won’t be hosting the British Open anytime soon, according to the chief executive of the R&A.Mary Turner for The New York Times“Until we’re confident that any coverage at Turnberry would be about golf, about the golf course and about the championship, until we’re confident about that, we will not return any of our championships there,” Martin Slumbers, the chief executive of the R&A, said on the same day last month when he signaled that the Open organizer might be willing to accept a Saudi investment.Seth Waugh, the P.G.A. of America’s chief executive, declined to comment this week, but the organization has given no signal that it is reconsidering its thinking about Trump courses. The U.S.G.A. said it did not have a comment.Some players, many of whom at least lean conservative, have suggested they would like to see Trump courses be in the mix for the majors.“There’s no reason you couldn’t host P.G.A.s, U.S. Opens out here,” said Patrick Reed, who won the Masters Tournament in 2018 and played with Trump on Thursday. “I mean, just look at it out here: The rough is brutal.”Even a sudden rapprochement, which would require executives setting aside the views of players like Reed that politics should not shape sports decisions, would almost certainly not lead to Trump’s strutting around a major tournament in the near future.The next U.S. Open in need of a venue is the one that will be played in 2036; Trump would turn 90 on the Saturday of that tournament. P.G.A. Championships are booked through 2030. Between last month’s announcement that the 2026 British Open will be held at Royal Birkdale and the R&A’s sustained public skepticism of Trump, the last major of the calendar year seems unlikely to head to a Trump property anytime soon. And the Masters, which is always played at Augusta National in Georgia, is not an option.Women’s golf offers a few more theoretical possibilities since its roster of venues is not as set, but Trump would face much of the same reluctance.Trump has mused about the financial wisdom of golf’s keeping its distance from him. A few months ago, he argued that avoiding his courses was “foolish because you make a lot of money with controversy.”He may be right.But it seems golf is reasoning that it is making plenty of money anyway. Its political bent, some figure, might be better managed outside the glare of its major tournaments — and, moreover, beyond the shadow of Trump.Trump has mused about the financial wisdom of golf’s keeping its distance from him. Doug Mills/The New York Times More

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      US-Saudi talks amid reports of far-reaching diplomatic plan for Middle East

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      The US national security adviser, Jake Sullivan, has held talks with the Saudi crown prince, Mohammed bin Salman, in Jeddah, in what was reported to be part of a bid for an ambitious and far-reaching diplomatic breakthrough in the region.The White House said Sullivan and the prince discussed on Thursday “initiatives to advance a common vision for a more peaceful, secure, prosperous and stable Middle East region interconnected with the world”.A New York Times columnist, Thomas Friedman, said that based on an interview with Joe Biden last week, he believed Sullivan went to Jeddah to “explore the possibility of some kind of US-Saudi-Israeli-Palestinian understanding”.The deal would amount to a grand bargain involving a US-Saudi security pact and the normalisation of Saudi-Israel diplomatic relations, in which recognition of Israel would be exchanged, on Washington’s insistence, on some improvement in the plight of Palestinians in the occupied territories, such as a halt to Jewish settlement building, and a promise never to annex the West Bank.Friedman said Biden had yet to make up his mind whether to proceed and the talks in Jeddah were exploratory. Any such deal, he said, would be “time-consuming, difficult and complex”.Bruce Riedel, a former CIA Middle East analyst and White House adviser, said the idea of such a multifaceted agreement was politically far-fetched.“The Saudis don’t want to see Joe Biden re-elected. They strongly prefer Donald Trump being back in the White House. He never questioned them on human rights issues, he supported the Yemen war 100%, he did nothing to them after [Washington Post columnist and Saudi dissident] Jamal Khashoggi was murdered,” Riedel said.“So there is a big question mark about why would the Saudis do something which would be so beneficial to Joe Biden. I don’t see that in the works, and I would assume the Biden people are smart enough to recognise this.”Getting the Senate to approve a security pact with Saudi Arabia would also be extremely difficult. Republicans would not want to help Biden achieve diplomatic progress and most Democrats would resist US commitments to a Saudi monarchy with such a bad human rights record, and demand substantial gains for the Palestinians, which Benjamin Netanyahu’s hard-rightwing Israeli government would not accept.Khaled Elgindy, a Palestinian expert at the Middle East Institute, said that the extremists in Netanyahu’s cabinet would “shoot down” proposals of a settlement freeze and territorial transfers within the West Bank to Palestinian Authority control, “never mind taking substantive steps toward a two-state solution, which is simply not on the table”.“The other aspect of this that I find unsettling is the way it totally sidesteps Palestinian interests and even Palestinian agency,” Elgindy said. “It’s like we’ve gone back to the days when the US, Israel and Arab states could decide the fate of Palestinians without any Palestinian involvement. This alone should disqualify it from being taken seriously – but of course it won’t.”Friedman said Saudi demands would include guarantees that the US would come to the kingdom’s defence if attacked, that Washington would allow a US-monitored Saudi civil nuclear programme, and that the kingdom could buy an advanced US air defence system, Thaad.skip past newsletter promotionafter newsletter promotionMatt Duss, former foreign policy adviser to Senator Bernie Sanders, called the first demand a “non-starter” and the second and third “very bad ideas”.“Biden is weighing a world historical sucker’s bet,” Duss said on social media.Kirsten Fontenrose, a former senior director for the Gulf at the national security council during the Donald Trump administration, was also pessimistic about the chances for success.“I expect the Palestinian Authority to refuse to recognise a Saudi-Israel peace deal … the Israeli government to refuse a promise never to annex; the US Congress to refuse a collective defense pact with Saudi Arabia; the Saudi leadership to refuse to agree publicly never to weaponise their nuclear programme as long as Iran is close to doing so,” Fontenrose said. Riedel said there were more modest diplomatic gains to be won from engagement with the Saudi leadership, such as a further winding down of the conflict in Yemen, and Saudi aid to the occupied territories in the effort to forestall a third intifada, a Palestinian uprising against the expansion of settlements and other measures from an extreme Israeli government.The White House said that in his Jeddah talks, Sullivan had “reviewed significant progress to build on the benefits of the truce in Yemen that have endured over the past 16 months and welcomed ongoing UN-led efforts to bring the war to a close”. More