Amid budget cuts, US spent over $52,000 spent on curtains for Nikki Haley’s house: Report

Agencies
September 15, 2018

New York, Sept 15: The US State Department spent about $52,701 last year on customised and mechanised curtains for the official residence of US Ambassador to the UN Nikki Haley at a time when the department was undergoing deep budget cuts and had frozen hiring, according to a media report.

The report in The New York Times said Haley is the first US ambassador to live in the residence, located in a new building just blocks away from the UN headquarters in New York.

A spokesman for Haley said plans to buy the curtains were made in 2016, during the Obama administration and that Haley had no say in the purchase.

The curtains themselves cost $29,900, while the motors and hardware needed to open and close them automatically cost $22,801, the report said, citing contracts. Installation took place from March to August last year, during Haley’s tenure as ambassador.

Haley, 46, is the highest ranking Indian-American in the Donald Trump administration.

The NYT report said that Haley’s curtains are more expensive than the $31,000 dining room set purchased for the office of Ben Carson, the secretary of the Department of Housing and Urban Development.

Following the controversial $31,000 purchase, President Donald Trump had even considered firing Carson.

“While Haley’s curtains were being ordered and installed, Rex W Tillerson, the administration’s first secretary of state, had frozen hiring, pushed out many of the department’s most senior diplomats and proposed cutting the department’s budget by 31%. In embassies around the world, projects were eliminated, jobs were left unfilled and the delegation to last year’s United Nations General Assembly meeting was slashed,” the report said.

The report quoted White House official in the Obama administration Brett Bruen as saying that how could more than $50,000 be spent on a customised curtain system for the ambassador to the UN when “you…tell diplomats that basic needs cannot be met.”

Patrick Kennedy, the top management official at the State Department during the Obama administration, however, defended the purchase, saying that it would probably be used for years and that it was needed for both security and entertaining purposes.

“All she’s got is a part-time maid, and the ability to open and close the curtains quickly is important,” Kennedy said.

Haley’s predecessors had for decades lived in the Waldorf Astoria hotel near the UN but after the hotel was purchased by a Chinese insurance company, the State Department decided in 2016 to find a new residence for its top diplomat due to security concerns.

The NYT report said the government leased the apartment with an option to buy, according to Kennedy.

“The full-floor penthouse, with handsome hardwood floors covering large open spaces stretching nearly 6,000 square feet, was listed at $58,000 a month,” it said.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
January 6,2020

Aboard Air Force One, Jan 6: US President Donald Trump threatened sanctions against Baghdad on Sunday after Iraq's parliament called on US troops to leave the country, and the president said if troops did leave, Baghdad would have to pay Washington for the cost of the air base there.

"We have a very extraordinarily expensive air base that's there. It cost billions of dollars to build, long before my time. We're not leaving unless they pay us back for it," Trump told reporters on Air Force One.

Trump said that if Iraq asked US forces to leave and it was not done on a friendly basis, "we will charge them sanctions like they've never seen before ever. It'll make Iranian sanctions look somewhat tame."

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News Network
June 24,2020

Islamabad, Jun 24: A plane crash which killed 97 people in Pakistan last month was because of human error by the pilot and air traffic control, according to an initial report into the disaster released Wednesday.

The Pakistan International Airlines (PIA) plane came down among houses on May 22 after both engines failed as it approached Karachi airport, killing all but two people on board.

"The pilot as well as the controller didn't follow the standard rules," the country's aviation minister Ghulam Sarwar Khan said, announcing the findings in parliament.

He said the pilots had been discussing the coronavirus pandemic as they attempted to land the Airbus A320.

"The pilot and co-pilot were not focused and throughout the conversation was about coronavirus," Khan said.

The Pakistani investigation team, which included officials from the French government and the aviation industry, analysed data and voice recorders.

The minister said the plane was "100 percent fit for flying, there was no technical fault".

The county's deadliest aviation accident in eight years came days after domestic commercial flights resumed following a two-month coronavirus lockdown.

Many passengers were on their way to spend the Muslim holiday of Eid al-Fitr with loved ones.

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