The lawyer for adult film actress Stormy Daniels claimed on Friday that he was representing three more women paid hush money to conceal affairs with Donald Trump.
"Time for Michael Cohen and Donald Trump to come 100 percent clean with the American people," Michael Avenatti tweeted in a reference to Trump's former personal attorney.
"All the documents, all the tapes. NOW," Mr Avenatti added. "No more lies or lip service."
The attorney, speaking to reporters late on Thursday in Los Angeles, said the three women "were paid hush money prior to the 2016 election."
Ms Daniels, whose real name is Stephanie Clifford, is suing Mr Trump to invalidate a non-disclosure agreement that prevents her from discussing their alleged intimate relationship that began in 2006.
Mr Cohen, Trump's attorney, paid Daniels $130,000 just days before the presidential election in exchange for her silence.
A recording surfaced this week of Mr Trump and Mr Cohen discussing how to buy the rights to the story of another woman, a Playboy model who claims she had an affair with Mr Trump in 2006 as well.
Mr Cohen, who no longer works for Mr Trump, is under investigation in New York for his business dealings and reportedly whether hush payments violated campaign finance laws.
The tape involves Karen McDougal, a former Playboy model who says she had a months long fling with Mr Trump after they met 12 years ago.
On the tape, Mr Trump and Mr Cohen talk about buying the rights to McDougal's story, which she had sold to the National Enquirer for $150,000. The tabloid never published the story.
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Read more:
Michael Cohen says US president knew about Trump Tower meeting with Russians
Tape of Trump discussing hush money for alleged affair released
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Mr Cohen, meanwhile, is asking a federal judge in Los Angeles to consider a gag order against Mr Avenatti, and to grant Mr Cohen another 90-day delay in proceedings in Daniels's lawsuit.
US District Judge S James Otero heard arguments in the case but made no immediate ruling, and gave no indication of when he might announce his decision.
"We are confident, based on his statements, that the efforts by the president of the United States and Michael Cohen to silence me and prevent me from presenting the truth and evidence to the American people, that those efforts are going to fail as they should," Mr Avenatti said after the hearing.
Mr Cohen's lawyer, Brent H Blakely, argues that a restraining order is necessary because Mr Avenatti has appeared more than 170 times on television and posted over 500 tweets smearing Mr Cohen in order to litigate his case "in the court of public opinion," according to documents filed in the case.
Judge Otero ordered a three-month stay of the case in April in light of a federal criminal investigation of Mr Cohen. The lawsuit also accuses Mr Cohen of defamation over comments he made about Ms Daniels's truthfulness.
Ms Daniels filed a separate defamation suit against Mr Trump in New York, alleging the president libelled her by saying she lied about a man she claims threatened her to force her to keep quiet about the alleged affair with Mr Trump.
"I think there's a reason why the press and the media continue to invite us to come on television and talk about this case," Mr Avenatti added.
"And that is because there's a significant interest, and there should be, because this is about a cover-up at the highest level of our government, which is always an incredibly important thing in the United States."
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
UAE currency: the story behind the money in your pockets
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
Get Out
Director: Jordan Peele
Stars: Daniel Kaluuya, Allison Williams, Catherine Keener, Bradley Whitford
Four stars
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
MATCH INFO
Barcelona 4 (Messi 23' pen, 45 1', 48', Busquets 85')
Celta Vigo 1 (Olaza 42')
The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
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