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May 10 - According to a report by The New York Times citing informed officials, in addition to drone components, Russia is also transporting various goods via the Caspian Sea to Iran that would otherwise have to pass through the Strait of Hormuz. The increase in Caspian trade between the two countries is mainly due to two factors: Ukraines crackdown on shipping in the Black Sea, and the recent US blockade of ships entering and leaving Iranian ports.On May 10th, local time, US President Trump stated on May 9th that he expected to receive a response from Iran regarding the latest US peace proposal "soon," and said that Iran "very much wants" a lasting peace agreement. Trump reportedly made these remarks during a telephone interview that day. He indicated that Iran remains willing to complete peace agreement negotiations. Speaking to the media at a golf course in Virginia on the 9th, Trump said the US "expects to receive a letter from Iran tonight" and would monitor developments. When asked if Iran was deliberately delaying the negotiations, Trump responded, "I dont know, well know soon."On May 10, Irans Press TV reported on May 9 that Iranian Foreign Minister Araqchi stated that ceasing aggression and abandoning "excessive and unreasonable" demands are necessary conditions for advancing the diplomatic process.According to CBS News: US President Trump told a French journalist that he expects to receive a message from Iran "soon".According to Nikkei: NATO and Japan are considering sharing a satellite launch site.

New York property magnate contests "every element" of contempt order Trump probe

Aria Thomas

Jul 07, 2022 11:16


Cushman & Wakefield (NYSE:CWK), which appraised several properties belonging to Donald Trump, protested "every facet" of an order finding it in contempt of court in regard to subpoenas issued in a civil investigation into whether the former president manipulated asset valuations.


Justice Arthur Engoron of a New York state court in Manhattan determined Tuesday that Cushman, one of the world's largest real estate companies, was in contempt and imposed $10,000-per-day fines beginning July 7.


He chastised Cushman for delaying over its most recent date to obtain an extension to comply with subpoenas issued by New York Attorney General Letitia James, adding that the business "had only itself to blame if it chose to disregard the approaching deadlines."


Engoron acknowledged that James subpoenaed Cushman for a "vast" number of documents, but maintained that state law supported such a sweeping demand.


Cushman petitioned a state court of appeals in Manhattan to revisit the contempt ruling against Engoron and provide him extra time to comply with the subpoenas.


Cushman has indicated that it has provided over 650 assessments and several hundred thousand pages of documents since February, and has denied any charges that it has worked in bad faith.


A spokesman for James did not immediately respond to requests for comment.


James, a Democrat, is investigating whether Trump and his family business, the Trump Organization, inflated the assessments of golf courses, hotels, and other real estate to qualify for favorable loans then dropped the prices to avoid paying taxes.


Her office's ability to acquire documents is vital as it prepares to subpoena Trump and two of his adult children, Donald Trump Jr. and Ivanka Trump, on July 15.


Trump, a Republican, has called James' inquiry a "politically motivated witch hunt."


When Engoron convicted him in contempt on April 25, he paid $110,000 in fines. On Monday of last week, the court lifted the contempt order.

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