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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Real Estate Deal in Oman Underscores Ethics Concerns
https://www.nytimes.com/2023/06/20/us/politics/trump-real-estate-deal-oman.htmlhttps://archive.ph/gB5K4
Trump Real Estate Deal in Oman Underscores Ethics Concerns
Details of the former presidents agreement to work with a Saudi firm to develop a hotel and golf complex overlooking the Gulf of Oman highlight the ways his business and political roles intersect.
By Eric Lipton
June 20, 2023
On a remote site at the edge of the Gulf of Oman, thousands of migrant laborers from Bangladesh, India and Pakistan are at work in 103-degree heat, toiling in shifts from dawn until nightfall to build a new city, a multibillion-dollar project backed by Omans oil-rich government that has an unusual partner: former President Donald J. Trump.
Mr. Trumps name is plastered on signs at the entrance of the project and in the lobby of the InterContinental Hotel in Muscat, the nearby capital of Oman, where a team of sales agents is invoking Mr. Trumps name to help sell luxury villas at prices of up to $13 million, mostly targeting superrich buyers from around the world, including from Russia, Iran and India.
Mr. Trump has been selling his name to global real estate developers for more than a decade. But the Oman deal has taken his financial stake in one of the worlds most strategically important and volatile regions to a new level, underscoring how his business and his politics intersect as he runs for president again amid intensifying legal and ethical troubles.
Interviews and an examination by The New York Times of hundreds of pages of financial documents associated with the Oman project show that this partnership is unlike any other international deal Mr. Trump and his family have signed.
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republianmushroom
(13,653 posts)Trump Real Estate Deal in Oman Underscores Ethics Concerns
29 months and counting
SergeStorms
(19,204 posts)People realize how toxic the Trump "brand" is now, and are getting blisters on their fingers because they can't tear down Trump signs on their buildings fast enough.
The only place the Trump name is still viable is the middle-eastern world. They've yet to find out how toxic and self-centered Trump is.
They'll find out sooner than they'd like, I'm sure.
muriel_volestrangler
(101,347 posts)The Republicans are hoping that by repeating "Biden - Ukraine" enough times, they can magic a connection into existence, while the true connection is the Trump family making millions off Arabian governments. They're in direct partnership with the Omani state.
There's a gift link to the full NYT article available here: https://balloon-juice.com/2023/06/21/repub-corruption-open-thread-all-in-the-crime-family/