Donald Trump says he will 'very probably' run for White House again in 2024


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Former US president Donald Trump could announce a third bid for the White House shortly after the midterm elections this month, several outlets reported.

Axios and the New York Times reported that he is in discussions to launch his 2024 presidential campaign on November 14 to give him a head-start on potential Republican rivals.

He is also expected to take credit for gains Republicans are expected to make in the midterms.

Mr Trump himself indicated he will "very probably" run again.

“And now, in order to make our country successful and safe and glorious, I will very, very, very probably do it again,” Mr Trump said of a 2024 presidential run during a rally in Iowa on Thursday.

“Get ready, that's all I'm telling you, very soon. Get ready.”

Mr Trump was speed-dialling confidantes to hash out possible scenarios as he looks to benefit from expected Republican wins in Tuesday's midterm elections, the report said.

“I think, like a moth to a flame, Trump will run in 2024,” one senior adviser told Reuters.

“I think that he wants to run and announcing before Thanksgiving gives him a great advantage over his opponents and he understands that.”

  • This photo taken on January 6, 2021, shows Trump supporters battling with police and security forces as they storm the US Capitol building in Washington. AFP
    This photo taken on January 6, 2021, shows Trump supporters battling with police and security forces as they storm the US Capitol building in Washington. AFP
  • A US House of Representatives committee has been investigating the events of January 6 and what role former US president Donald Trump played. EPA / Pool
    A US House of Representatives committee has been investigating the events of January 6 and what role former US president Donald Trump played. EPA / Pool
  • Reports surfaced earlier this year that Mr Trump took classified government documents with him to his private residence in Mar-a-Lago, Florida. AP
    Reports surfaced earlier this year that Mr Trump took classified government documents with him to his private residence in Mar-a-Lago, Florida. AP
  • Mr Trump's private residence in Mar-a-Lago. Getty Images / AFP
    Mr Trump's private residence in Mar-a-Lago. Getty Images / AFP
  • Mr Trump launched his own social media site, Truth Social, following his ban from Twitter. Here, he airs grievances against Tesla head Elon Musk, who had said it was time for the former president to 'sail into the sunset'. Screengrab / Truth Social
    Mr Trump launched his own social media site, Truth Social, following his ban from Twitter. Here, he airs grievances against Tesla head Elon Musk, who had said it was time for the former president to 'sail into the sunset'. Screengrab / Truth Social
  • New York state Attorney General Letitia James says a more than three-year investigation has found evidence that the Trump Organisation misstated asset valuations to get favourable loans and tax breaks. AP
    New York state Attorney General Letitia James says a more than three-year investigation has found evidence that the Trump Organisation misstated asset valuations to get favourable loans and tax breaks. AP
  • Mr Trump and his family attend the funeral of his first wife, Ivana, in New York City. Reuters
    Mr Trump and his family attend the funeral of his first wife, Ivana, in New York City. Reuters
  • Mr Trump has endorsed a number of candidates for various offices since leaving office, including Joe Kent of Washington who is challenging Jaime Herrera Beutler for a House of Representatives seat. Here, Mr Kent speaks in support of people who took part in the January 6 insurrection. AP
    Mr Trump has endorsed a number of candidates for various offices since leaving office, including Joe Kent of Washington who is challenging Jaime Herrera Beutler for a House of Representatives seat. Here, Mr Kent speaks in support of people who took part in the January 6 insurrection. AP
  • Mr Trump prepares to speak at a rally in Phoenix, Arizona. AP
    Mr Trump prepares to speak at a rally in Phoenix, Arizona. AP
  • Georgia state senator Burt Jones prepares to speak during a rally held by Mr Trump in Commerce, Georgia. Reuters
    Georgia state senator Burt Jones prepares to speak during a rally held by Mr Trump in Commerce, Georgia. Reuters
  • Mr Trump speaks at a Save America rally in Prescott, Arizona. AP
    Mr Trump speaks at a Save America rally in Prescott, Arizona. AP
  • A man poses for a photo before a Trump rally in Pennsylvania. Reuters
    A man poses for a photo before a Trump rally in Pennsylvania. Reuters
  • Pennsylvania Republican Senate candidate Dr Mehmet Oz, who is backed by Mr Trump, speaks during a rally in Greensburg, Pennsylvania. Reuters
    Pennsylvania Republican Senate candidate Dr Mehmet Oz, who is backed by Mr Trump, speaks during a rally in Greensburg, Pennsylvania. Reuters

Advisers told Reuters it was possible the former president could still delay a decision or change his mind.

A representative of Mr Trump did not respond to a Reuters request for comment.

Non-partisan election forecasters and polls say it is highly likely Republicans will win a majority in the US House of Representatives and also have a chance at taking control of the Senate, which would give them the power to block President Joe Biden's legislative agenda for the next two years.

Mr Biden's public approval rating has been below 50 per cent for more than a year, coming in at 40 per cent in a recent Reuters/Ipsos poll.

But Mr Trump is also unpopular after his divisive four-year term that ended with the January 6 assault on the US Capitol by his followers last year and his continued false claims that his election defeat was the result of fraud.

Mr Trump faces a series of investigations, including a Justice Department inquiry into classified documents he took from the White House after leaving office, some of which prosecutors say have not yet been recovered.

The Reuters/Ipsos poll late last month showed that only 41 per cent of Americans view Mr Trump favourably.

House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3ESplintr%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMay%202019%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EMohammad%20AlMheiri%20and%20Badr%20AlBadr%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20and%20Riyadh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Epayments%20%2F%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E10%20employees%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3Eundisclosed%20seven-figure%20sum%20%2F%20pre-seed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStage%3A%20%3C%2Fstrong%3Eseed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3Eangel%20investors%3C%2Fp%3E%0A

Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania ​​​​​​​
Verdict: 4 Stars

The Outsider

Stephen King, Penguin

While you're here
THE CLOWN OF GAZA

Director: Abdulrahman Sabbah 

Starring: Alaa Meqdad

Rating: 4/5

AUSTRALIA SQUAD

Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle

Turkish Ladies

Various artists, Sony Music Turkey 

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

What is a Ponzi scheme?

A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

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.”

Did you know?

Brunch has been around, is some form or another, for more than a century. The word was first mentioned in print in an 1895 edition of Hunter’s Weekly, after making the rounds among university students in Britain. The article, entitled Brunch: A Plea, argued the case for a later, more sociable weekend meal. “By eliminating the need to get up early on Sunday, brunch would make life brighter for Saturday night carousers. It would promote human happiness in other ways as well,” the piece read. “It is talk-compelling. It puts you in a good temper, it makes you satisfied with yourself and your fellow beings, it sweeps away the worries and cobwebs of the week.” More than 100 years later, author Guy Beringer’s words still ring true, especially in the UAE, where brunches are often used to mark special, sociable occasions.

Recycle Reuse Repurpose

New central waste facility on site at expo Dubai South area to  handle estimated 173 tonne of waste generated daily by millions of visitors

Recyclables such as plastic, paper, glass will be collected from bins on the expo site and taken to the new expo Central Waste Facility on site

Organic waste will be processed at the new onsite Central Waste Facility, treated and converted into compost to be re-used to green the expo area

Of 173 tonnes of waste daily, an estimated 39 per cent will be recyclables, 48 per cent  organic waste  and 13 per cent  general waste.

About 147 tonnes will be recycled and converted to new products at another existing facility in Ras Al Khor

Recycling at Ras Al Khor unit:

Plastic items to be converted to plastic bags and recycled

Paper pulp moulded products such as cup carriers, egg trays, seed pots, and food packaging trays

Glass waste into bowls, lights, candle holders, serving trays and coasters

Aim is for 85 per cent of waste from the site to be diverted from landfill 

Three ways to boost your credit score

Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:

1. Make sure you make your payments on time;

2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;

3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.

What is Diwali?

The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.

According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.

In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.  

 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Updated: January 04, 2023, 10:19 AM