With economy sinking, Trump’s own business is in peril | The Malaysian Insight

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With economy sinking, Trump’s own business is in peril | The Malaysian Insight
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With economy sinking, Trump’s own business is in peril

US President Donald Trump is facing criticism after hinting at lifting restrictions despite the rising number of Covid-19 cases in his country. – file pic, March 25, 2020.

AS if presiding over the threatened destruction of the US economy by the coronavirus pandemic is not enough, President Donald Trump is watching another financial drama: the Trump Organisation hotel, golf course and real estate business that made him a billionaire. His five-star US and Canada hotels with more than 2,200 rooms are mostly empty, his golf courses in the United States, Scotland and Ireland are under pressure to close, and his cherished “Southern White House” – the beach-front Mar-a-Lago club in Palm Beach, Florida is shuttered.

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