International: Tillion trip through the Middle East? Trumps pay and many questions

International: Tillion trip through the Middle East? Trumps pay and many questions

International
Tillion trip through the Middle East? Trumps pay and many questions






Millions of billions, trillions: During his journey through the Golf region, the US President talks about huge sums. But there are doubts about the numbers and criticism of individual deals.

US President Donald Trump has taught himself to the Middle East trip with business deals at trillion-height. However, there are doubts about some financial announcements during the trip – as in the case of Trump’s earlier statements, there are great money transactions.

The Republican said that his journey through the golf region could generate between 3.5 and 4 trillion US dollars. Trump spoke of a “very historical trip” at a meeting with managers in Qatar. His four-day Middle East trip is a “record tour” with a view to new investments in the United States. The 78-year-old raved: “There has never been anything like that.” But he did not give any details about the sums. And other announcements over billions of billions also raise questions.

Trump arrived through the Golf region at the last stop of his multi -day trip: in the United Arab Emirates. There he was received with a lot of pomp and opulent ceremonies, as before in Saudi Arabia and Qatar. The golf states opened their wealth, competed for the president’s favor and tried to exceed each other with investment commitments to the Americans.

Opaque calculations

Saudi Arabia, for example, announced investments of $ 600 billion in the United States. The sums of individual investments published by the White House remained well below this sum during Trump’s visit. Saudi Arabia is currently financing an expensive reform program, is again heading for a large budget deficit and is under pressure through the low oil price.

According to the White House, the United States agreed with Qatar on an “economic exchange” worth at least $ 1.2 trillion and business deals worth more than $ 240 billion. Here, too, there were no details, and Katar did not publish any information about the planned investments at all. At a deal of the airline Qatar Airways with the US aircraft manufacturer Boeing, for example, Trump in Doha initially spoke of a scope of “more than $ 200 billion” and the biggest order in Boeing history. The white house put the circumference on $ 96 billion shortly afterwards.

The Emirates – the last stop on Trump’s Middle East trip – have announced new investments in the United States of $ 1.4 trillion over ten years. According to emiratic information, it should be about the areas of artificial intelligence (AI) and energy. There was also no detailed list.

Since taking office in January, Trump has repeatedly been talking about investing several trillion dollars for the United States. In Doha, the Republican said that he had secured “at least ten trillion (dollars) of investments and possible investments” in office within two months. There are also doubts about these figures.

“Historically speaking, announcements of great investments often promise too much and deliver too little,” said Professor Roman Yampolskiy from the University of Louisville, who for Ki Forscht, the news channel al-Jasira. The broadcaster came to the conclusion in a list that only about half of the ten trillion dollars mentioned by Trump was actually proven by concrete announcements by companies and other countries. Large sums are also planned for years or a decade.

The business of the Trump family

In his past as a businessman, Trump made a name for himself not to take it exactly with numbers. Before starting the second term, the Republican was sentenced to a punishment of more than $ 350 million in a fraud process. In the civil proceedings, Trump, whose sons and employees were accused of manipulated the value of the Trump organization for years in order to get cheaper loans and insurance contracts.

Trump’s sons of Eric and Don Junior lead the real estate group. The Trump organization is also very active in the golf region. High-ranking US Democrats criticized that Trump’s trip is apparently less about an official political visit than personal business interests.

The thing about the plane

Such allegations were still fueled by becoming known to be known: Trump is considering accepting a luxurious plane as a gift from the lead in Qatar. The US government is said to receive a Boeing 747 machine free of charge from Qatar, which is to be converted to the presidential machine Air Force One for Trump.

According to reports, the plane has a value of around $ 400 million. It would probably be the largest gift from a foreign partner for a US president, which would have legal and ethical questions. Democrats spoke of “blank corruption” and threatened to protest in the US Parliament.

Trump vehemently defended the project against criticism in the past few days. And the Qatarian government also expressed lack of understanding about the outrage. It was a “very simple government to government to government,” said Qatar’s Prime Minister Mohammed bin Abdulrahman al Thani to the television station CNN. It is a normal “transaction”. However, such a “transaction” was not officially announced while Trump’s visit to Qatar.

dpa

Source: Stern

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