666 Fifth Avenue and debt of the Kushner family in New York

The following are extracts from Just Security research,

By Ryan Goodman and Julia Brooks

Published on March 11, 2020

When the Kushner Companies purchased 666 Fifth Avenue in midtown Manhattan in early 2007 for a record-breaking price of $1.8 billion, it was supposed to be a center of their real estate portfolio. Instead, the Kushners have struggled to cover their debt on the troubled building since shortly after its purchase on the eve of the financial crisis. As Jared Kushner’s father-in-law, Donald J. Trump, was running for President, the Kushners were pitching Qatari investors to help bail out the building. And just weeks after his father Charles reportedly failed to reach a deal with Qatar’s minister of finance, Jared Kushner, in his capacity as a senior adviser to President Trump, reportedly played a central role in supporting a blockade of Qatar by Saudi Arabia and the United Arab Emirates. Kushner never disclosed his meeting with Saudi Arabia and the UAE on the blockade to Secretary of State Rex Tillerson at the time. Later, a financial company tied to Qatar brokered an especially valuable deal to rescue the Kushner Companies’ property at 666 Fifth Avenue.

The following is a timeline of events related to the Kushners’ pursuit of funding from Qatar for 666 Fifth Avenue and the Trump-Kushner support for the Saudi-UAE blockade of Qatar. 

The timeline will be updated as new information becomes available. We invite readers to email us any information we may be missing by sending suggestions to lte@justsecurity.org, whether favorable or unfavorable to President Trump and Jared Kushner. Our goal is to provide an objective, full description of the publicly available record. 

This research thanked:

https://www.theguardian.com/commentisfree/2019/jul/08/troubling-overlap-between-jared-kushner-business-interests-and-us-foreign-policy

This is the Timeline put together by Just Security:

January 2007: Kushner Companies purchases 666 Fifth Avenue for record price on eve of financial crisis

The Kushner Companies purchases, at Jared Kushner’s urging, 666 Fifth Avenue, an office tower in Midtown Manhattan, for $1.8 billion at the height of the real estate market. They invest $500 million, and cover the remaining amount with debt. Even before the financial crisis hits, there are signs that they paid too high a price and took on too much debt for the purchase. It was, at the time, the highest purchase price ever paid for a New York office tower.

2007 – 2008: Global financial crisis and early troubles for 666 Fifth Avenue

As the global financial crisis unfolds, Citigroup announces in December 2007 that it will not renew its lease on about 75,000 square feet of space in 666 Fifth Avenue. In 2008, the Kushners sell a 49 percent stake in the building’s retail space to the Carlyle Group and Crown Acquisitions for $525 million, using part of the proceeds to cover debt on the building.

2010: Kushners’ financial troubles with 666 Fifth Avenue

Kushner Companies’ $1.2 billion loan on 666 Fifth Avenue is transferred to a special servicer to try to restructure the debt after the Kushners reported difficulties in paying the loan. The building is appraised at $820 million, less than half of what the Kushners paid for it in 2007 and less than the debt they owe to banks. 

2011

The Kushners sell nearly 50% of the building’s office space to Vornado as part of a refinancing deal on the loan for the building. 

2015-2016 and transition to White House: The Kushners negotiate with Qataris

In June 2015, Donald J. Trump formally announces his candidacy for President of the United States.

Throughout 2015 and 2016, Jared and Charles Kushner negotiate with Qatari investor Sheikh Hamad bin Jassim al-Thani (known as “HBJ”) to refinance the building. HBJ is a former Prime Minister of Qatar who manages the country’s $250 billion sovereign wealth fund. One of the meetings Kushner reportedly holds with HBJ is in Trump Tower during the transition in December 2016. He agrees to invest at least $500 million. The deal ultimately falls through when the Kushners fail to raise the rest of the funding from other sources, and the potential investors reportedly worry about public scrutiny from Kushner’s role in the Trump White House. 

Tom Barrack told the Washington Post that he tried to use his Qatar connection to help Kushner with 666 Fifth Avenue. “Barrack said he told the former prime minister of Qatar to consider investing in the Kushner Cos. property,” according to the Post. In a subsequent Post story, Barrack says that Kushner’s move to the White House, “just about completely chilled the market, and [potential investors] just said, ‘No way — can’t be associated with any appearances of conflict of interest,’ even though there was none.” 

(Note: Barrack says it was the perceived conflict of interest that dissuaded these investors, yet they do, in fact, subsequently invest.)

Note: Steve Bannon’s FBI interview (Feb. 12, 2018): 

Bannon reviewed a document Bates stamped SB_00003977 and said the second bullet point was not true. The bullet point said: ‘During transition you had an IT guy do email search of trump servers and discovered Jared met with Anbang and Qataris to raise money for 666 Fifth. You viewed the email that connected the dots. Those meetings left Jared exposed to Comey’” (Steve Bannon FBI 302, p. 166).  Anbang Insurance Group has close ties to the Chinese government. (See March 2017 entry below for evidence of Kushner negotiations with Anbang to raise funds for 666 Fifth Avenue.)  

Late October, early November 2016: Saudis reach out

A week before the election, candidate Trump meets with Saudi Crown Prince Mohammed bin Salman at Trump’s private residence, according to Rick Gates’ FBI proffer (p. 99).

Kushner is the main point of contact for foreign governments during the campaign. 

  • According to Gates, “Kushner and Sessions were designated to deal with any requests by foreign officials to the campaign. This decision was made fairly early on as a result of request from Papadopoulos in or around April 2016 about requests from foreign officials. This request was made to Manafort. Manafort and Kushner then made the decision to designate Kushner and Sessions to deal with this.”  (Gates FBI proffer, p.99)
  • “One of Kushner’s main responsibilities was to have relationships with foreign governments, while Priebus coordinated everyone’ s efforts.” (Gates FBI proffer, p.145)
  • Post election: Saudi assessment of Trump-Kushner team
    Soon after the election, Prince Mohammad Bin Salman sends a delegation of Saudi officials to meet with Kushner and other Trump advisers. They subsequently write an unflattering assessment that later leaks. It says that Trump’s “inner circle is predominantly deal makers who lack familiarity with political customs and deep institutions, and they support Jared Kushner.” The Saudi delegation “brought back a report identifying Mr. Kushner as a crucial focal point in the courtship of the new administration,” according to the New York Times. “He brought to the job scant knowledge about the region, a transactional mind-set and an intense focus on reaching a deal with the Palestinians that met Israel’s demands, the delegation noted.”
    January 2017: Jared Kushner officially joins the Trump Administration
    Jared Kushner joins the Trump administration as a senior adviser, and formally resigns as chief executive of Kushner Companies. He sells some assets to a family trust, including his stake in 666 Fifth Avenue. However, he retains the vast majority of his interest in the Kushner Companies, and transfers a small portion of his stake in the company to a trust overseen by his mother. He maintains real estate and other holdings worth around $800 million
    From early 2017 onward: Kushner-MBS private communications
    Since the early months of the administration, senior officials were worried about Jared Kushner’s having private, informal conversations with Saudi Prince Mohammed bin Salman, a practice he continued even after Chief of Staff John Kelly imposed new protocols, according to the New York Times (December 2018 report). “The private exchanges could make him susceptible to Saudi manipulation, said three former senior American officials,” according to the Times. “There was a risk the Saudis were playing him,” one former White House official said. Intelligence briefers told Kelly that virtually all of the conversations that U.S. officials had with the Saudis on sensitive policy matter had been between Kushner and MBS, according to the Washington Post. “Secretary of State Rex Tillerson and national security adviser H.R. McMaster expressed early concern that Kushner was freelancing U.S. foreign policy. … McMaster was concerned there were no official records kept of what was said on the calls,” the Post reported. McMaster also “learned that Kushner had contacts with foreign officials that he did not coordinate through the National Security Council or officially report,” according to another Post report.
    [Note: See entries on December 2017, February 2018, and May 2018 concerning Kushner’s security clearances.]
    March 2017: The Kushners negotiate with Chinese financers 
    After financial talks between the Kushners and the Chinese conglomerate Anbang Insurance Group, which has close ties to the Chinese government, become public, Democratic lawmakers raise concerns to the White House Counsel and Treasury Secretary that a deal could violate federal ethics regulations. Several days later, negotiations end without a deal to finance the building. 
    April 2017: The Kushners directly approach Qatari government for financing
    Charles Kushner and associates meet with Qatari Finance Minister Sharif Al Emadi and aides in New York to seek investment in 666 Fifth Avenue from Qatar’s sovereign wealth fund. No deal is reached. 
    Following a report by The Intercept on March 2, 2018 on the meeting, a spokeswoman for Kushner Companies, Chris Taylor, denied that such negotiations occured, stating: “To be clear, we did not meet with anyone from the Qatari government to solicit sovereign funds for any of our projects […] To suggest otherwise is inaccurate and false” (Newsweek, March 2, 2018)
    Two weeks later, Kushner Companies acknowledged the meeting. Charles Kushner told the Washington Post that he refused the proposal to avoid a conflict of interest for his son. 
    Note: In his interview with the Washington Post, Charles Kushner also referred to not taking funds directly from Qatar specifically through a sovereign wealth fund. He told the Post: “Before the meeting, Kushner Companies had decided that it was not going to accept sovereign wealth fund investments. We informed the Qatar representatives of our decision and they agreed. Even if they were there ready to wire the money, we would not have taken it.” The Post reports that, on the contrary, according to Tom Barrack, Charles Kushner was “crushed” when the earlier deal with Qatar on 666 Fifth Avenue fell through during the presidential transition.
    Charles Kushner later told CNN that he accepted the invitation to the meeting only “out of respect” for the Qataris and to tell them there was no way “we could do business.” He also said taking the meeting was “stupid,” given how it might be perceived publicly. (CNN, April 25, 2018).
    Dexter Filkins reported that Charles Kushner’s explanation was false, according to a financial analyst with knowledge of the meeting:
    Kushner pitched a huge renovation of the property, which included bringing in retail stores and converting offices to residences, and hosted a follow-up meeting the next day at 666 Fifth Avenue. “He asked for just under a billion dollars,” [the financial analyst] told me. The Qataris declined, citing dubious business logic. “They could have bought the building—believe me, they have the money,” the analyst said. “They just didn’t think it would ever pay off.” The analyst worried that refusing the deal had a political cost. “Here’s a question for you: If they had given Kushner the money, would there have been a blockade? I don’t think so.” 
    CNN’s Vicky Ward corroborated Filkins’ account citing a person who was in the meeting.

  • May 20, 2017: Kushner’s “Shadow” Meeting Prior to Blockade of Qatar
  • President Trump makes his first foreign trip to Saudi Arabia, including in the delegation  Secretary of State Rex Tillerson, Jared Kushner, and Steve Bannon. During the trip, Kushner and Bannon meet for a private dinner with top leaders of Saudi Arabia and the United Arab Emirates, who lay out their plan to impose a blockade on Qatar. Secretary Rex Tillerson is neither present for the meeting, nor informed of the meeting. He never learns of the meeting during his time in office (he departed in March 2018). After leaving office, Tillerson testifies before the House Foreign Affairs Committee and says it makes him “angry” to learn of Kushner’s meeting:
    Q: A couple of weeks later on May 20th, 2017, you were in Riyadh with the President in advance of the Middle East summit. And you again gave public remarks with the Saudi Foreign Minister. […]
    So that same night as we understand it, so on or about May 20th, 2017, there was apparently a private dinner that was hosted between Steve Bannon, Jared Kushner, and the rulers of Saudi Arabia and UAE, respectively. Were you aware of that dinner?
    A: No.
    […]
    Q: Okay. What’s your reaction to a meeting of that sort having taken place without your knowledge?
    A: It makes me angry.
    Q: Why is that?
    A: Because I didn’t have a say. The State Department’s views were never expressed.
    – Tillerson Interview Transcript (May 21, 2019), p. 84-85.
    A White House spokesperson, Hogan Gidley issues a denial saying, “Jared consistently follows proper protocols” with the National Security Council and State Department, the “alleged ‘dinner’ to supposedly discuss the blockade never happened,” and no one in the White House was “involved in the blockade.”
    June 1, 2017: Congressional concerns raised about Kushner’s links to EB-5 visas for Kushner Companies including for 666 Fifth Avenue 
    On June 1, 2017, Democratic members of the House and Senate Judiciary Committees write to the Kushner Companies, seeking answers on their use of EB-5 foreign investor visas “especially in light of Jared Kushner’s role in the Trump administration and the potential for conflicts of interest” and that the Kushner Companies “may be seeking to benefit from the Kushner family’s connections to the White House.”
    June 5, 2017: Blockade of Qatar begins 
    Saudi Arabia, the UAE, Egypt and Bahrain sever diplomatic and economic relations with Qatar. They accuse Qatar of financing terrorism, supporting Islamist groups, and undermining efforts to isolate Iran. They impose a land, sea, and air blockade on Qatar.
    Secretary of State Tillerson and Secretary of Defense Jim Mattis are both caught by surprise by the blockade, according to Tillerson’s testimony before Congress (p. 92). Tillerson and Mattis both publicly call for calm to deescalate the situation. (See also Dexter Filkins’ reporting.)
    In a shock to Qatar, Trump initially expresses support for the blockade, in contradiction to the official U.S. government position of neutrality. 
    Kushner supported the blockade, according to Tillerson’s testimony. “He was more of a view that he thought the blockading countries had, you know, had good reason to do what they were doing,” Tillerson says. Similarly, CNN’s Vicky Ward reports in her book Kushner, Inc.:
    Another Tillerson aide told me, “The Saudis would not have risked moving forward without permission from somebody. Now, if you … get a phone call that says, ‘Hey, we’re thinking about doing this,’ you might not have the experience and the capability and the maturity to know how hard to push back. Part of the issue is if you put yourself in as the point of contact and you’re not actually capable of being the point of contact.” This person concluded, “That person must have been Jared.” Until now, Kushner’s dalliances in world affairs had been ethically questionable. With Qatar, Tillerson believed they had become alarming. Threatening Qatar, with the U.S. presence at its air base, was tantamount to threatening the U.S. “Qatar was when [Kushner’s interference] became dangerous for the United States,” said a Tillerson confidant.
    Ward also refers to Kushner having “greenlit” the blockade of Qatar, in a piece for The Guardian.
    Important note: The Qataris reportedly believe the blockade may be linked to their rejection of funding for 666 Fifth Avenue. “Some top Qatari government officials believe the White House’s position on the blockade may have been a form of retaliation driven by Kushner who was sour about the failed deal, according to multiple people familiar with the matter,” NBC News reported
    See also CNN’s Vicky Ward and author of Kushner, Inc.:
    Jun 9, 2017: Tillerson calls for immediate ease on blockade, Trump undercuts him
    In a brief, formal statement at the Department of State, Sec. Tillerson calls on the Saudi-led bloc to immediately ease their blockade of Qatar, and less than an hour later Trump undercuts him. 
    A US official tells the New York Times “that two had spoken immediately before Tillerson’s State Department remarks, which the secretary read over the telephone to the president.”
    Sec. Tillerson states:
    We call on the Kingdom of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt to ease the blockade against Qatar. There are humanitarian consequences to this blockade. We’re seeing shortages of food. Families are being forcibly separated, and children pulled out of school. We believe these are unintended consequences, especially during this holy month of Ramadan, but they can be addressed immediately. The blockade is also impairing U.S. and other international business activities in the region. … The blockade is hindering U.S. military actions in the region and the campaign against ISIS.
    Within an hour, the president says that the Saudi-led action against is “hard but necessary” and claims that Tillerson supports this stance. President Trump states:
    The nation of Qatar, unfortunately, has historically been a funder of terrorism at a very high level, and in the wake of that conference, nations came together and spoke to me about confronting Qatar over its behavior.  So we had a decision to make: Do we take the easy road, or do we finally take a hard but necessary action? We have to stop the funding of terrorism. I decided, along with Secretary of State Rex Tillerson, our great generals and military people, the time had come to call on Qatar to end its funding — they have to end that funding — and its extremist ideology in terms of funding.
    Tillerson reportedly later came to believe concluded that Trump’s White House remarks were written by Yousef al-Otaiba, UAE ambassador to the U.S., and passed to the President by Jared Kushner. “Rex put two-and-two together,” a close associate of Tillerson told the American Conservative, “and concluded that this absolutely vacuous kid was running a second foreign policy out of the White House family quarters. Otaiba weighed in with Jared and Jared weighed in with Trump. What a mess.”
    Al-Otaiba and Kushner are known to be friends, having been introduced to each other by Tom Barrack in May 2016. “You will love him and he agrees with our agenda!” Barrack wrote in a May 2016 email to Otaiba. Politico reported in February 2017 that Kushner was “in almost constant phone and email contact with Otaiba.” Otaiba wrote to Barrack in the first months of Trump’s presidency. “I am in constant contact with Jared and that has been extremely helpful.”
    August 18, 2017
    On Aug. 18, 2017, Steve Bannon leaves the Trump administration.
    August 24, 2017
    On Aug. 24, 2017, Qatar announces that it is restoring full diplomatic relations with Iran.
    October 2017
    Bloomberg News reports, “The [666 Fifth Ave.] tower’s cash flow is enough to cover only about half of the debt payments on the building, down from 66 percent last year.”
    October 2017: Kushner surprise trip to Saudi Arabia
    Kushner and a senior aide travel to Saudi Arabia to meet Prince Mohammed bin Salman. Kushner “flew commercial, and the White House only announced the visit once he was already on the ground,” the Washington Post reports. Some intelligence officials were caught off guard by Kushner’s trip, and “most people in the White House were kept out of the loop about the trip and its purpose … Intelligence officials were troubled by a lack of information about the topics discussed,” according to a later Post report.
    November 2017: Kushner Companies receive loan from Qatar-supported company for Chicago property
    The Kushners receive a $184 million loan from Apollo Global Management to refinance a building in Chicago. The Qatar Investment Authority is one of Apollo’s largest investors. The loan is triple the average property loan made by Apollo.
    The deal with Apollo, along with an additional $325 million loan to the Kushners from Citibank in Spring 2017, concluded after a White House meeting between Kushner and chief executive, Michael L. Corbat, later spark an investigation by the Office of Government Ethics and a review by the White House Counsel. 
    Peter Mirijanian, a spokesperson for Kushner’s attorney Abbe Lowell, said in a statement that Kushner “has had no role in the Kushner Companies since joining the government and has taken no part of any business, loans, or projects with or for the Companies after that.”
    December 2017: Congress raises questions on foreign financing of 666 Fifth Ave.
    Several Democratic lawmakers send a letter to Jared Kushner, asking if he has discussed financing for 666 Fifth Avenue with foreign nationals or entities while serving in the administration. The letter states, “We are concerned that you may be leveraging your White House position to seek financial assistance for 666 Fifth Avenue.” They also raise questions about Jared Kushner’s surprise trip to Saudi Arabia in October 2017, when he met with Crown Prince Mohammed bin Salman. 
  • The letter also quotes a Newsweek report connecting the 666 Fifth Avenue situation to Kushner’s security clearance: “Very recently, Newsweek reported: ‘Experts say his stake in the Fifth Avenue building alone is more than enough to cause a suspension of an interim security clearance, as some believe he could use his position in the White House to bail out his family’s investment.’” 
    January-February 2018: Qatar’s reported intel on Kushner coordination with Saudi bloc
    “Qatari government officials visiting the U.S. in late January and early February considered turning over to Mueller what they believe is evidence of efforts by their country’s Persian Gulf neighbors in coordination with Kushner to hurt their country,” NBC reports relying on four sources. Qatar decided not to pursue it out of concern it would undercut their relations with the White House. 
    February 2018: Kushner loses top security clearance
    In mid-February, Kushner’s interim security clearance is reportedly reduced from top secret to secret. 
    On Feb. 27, 2018, the Washington Post reports that officials in at least four countries – including the UAE and China – have discussed ways to manipulate Jared Kushner, including through his business arrangements, financial difficulties, and inexperience in foreign policy. The Post also reports that in the view of White House officials, “Kushner’s lack of government experience and his business debt were seen from the beginning of his tenure as potential points of leverage that foreign governments could use to influence him.”
    March 2018: Tillerson is out; Saudi Crown Prince tours U.S.
    Senator Richard Blumenthal calls for an investigation by the Office of Government Ethics into Kushner’s conduct related to the Apollo and Citibank loans.
    Rex Tillerson is ousted as Secretary of State. Trump names Mike Pompeo as replacement. 
    Saudi Crown Prince Mohammed bin Salman conducts a multi-city visit to the United States. On March 20, he meets with President Trump in the Oval Office. 
    April 2018: Pompeo calls for end of blockade
    After President Trump had initially expressed support for the blockade of Qatar, Secretary of State Pompeo tells the Saudis that it is time to end the blockade, almost a year after it began.
    May 2018: The Kushners negotiate Qatari financing
    Kushner Companies negotiate a bailout deal for 666 Fifth Avenue with Brookfield Asset Management and the Qatari sovereign wealth fund.
    May 2018: Trump restores Kushner’s top-secret clearance
    President Trump orders his chief of staff, John Kelly, to restore Kushner’s top-secret security clearance, which had been stripped in February. The president’s order is over the objections of U.S. intelligence and White House officials. Both Chief of Staff Kelly and White House Counsel McGahn write contemporaneous notes memorializing their concerns. Trump’s involvement in the process contradicts the president’s denial of any such role to the New York Times as well as public denials by Ivanka Trump and Kushner’s lawyer, Abbe D. Lowell. Commentators observe subtle changes in Lowell’s denial of the allegations over time (here and here).
    June 21, 2018: Kushner flies to Qatar to hold intergovernmental meetings
    An official U.S. readout of the trip is here.
    August 1-3, 2018: The Kushners receive bailout on 666 Fifth Avenue from Qatar-supported company (plus Westinghouse deal)
    On Aug. 3, the Kushners reach a deal to bailout 666 Fifth Avenue through a 99-year lease to Brookfield Asset Management for about $1.1 billion in rent for the entire 99-year term paid upfront, easing their financial troubles by allowing them to pay off most of what they owe lenders on the building. The Qatar Investment Authority is the second-largest investor in Brookfield.
    Qatar Investment Authority later insists that it had “absolutely no involvement in the 666 Fifth Avenue development.”
    “Both Brookfield and the Qatar Investment Authority, the sovereign fund of the oil-rich Middle Eastern emirate, said the Investment Authority had no knowledge of the deal. A spokesman for the Investment Authority said the fund ‘has no involvement whatsoever in this deal.’” (NYTimes, May 17, 2018)
    “Brookfield has said that the Qataris had no knowledge of the deal before its public announcement.”  (NYTimes, Aug 3, 2018)
    Two days earlier, on Aug. 1, Brookfield closed a deal to acquire 100% of Westinghouse Electric Company. In Feb. 2019, the House Committee on Oversight and Reform releases an interim staff report, based on whistleblower revelations, raising grave concerns over the Trump Administration’s efforts to transfer sensitive nuclear technology to Saudi Arabia without congressional review. The report notes that Westinghouse, which builds nuclear reactors, stands to benefit greatly from such a deal, and that Jared Kushner has been centrally involved. A July 2019, second interim staff report states that:
    “[W]ith regard to Saudi Arabia, the Trump Administration has virtually obliterated the lines normally separating government policymaking from corporate and foreign interests. The documents show the Administration’s willingness to let private parties with close ties to the President wield outsized influence over U.S. policy towards Saudi Arabia. These new documents raise serious questions about whether the White House is willing to place the potential profits of the President’s friends above the national security of the American people and the universal objective of preventing the spread of nuclear weapons.” 
    November 2018
    In order to finance its over $1 billion deal on 666 Fifth Avenue, Brookfield receives a $300 million-plus mezzanine loan from Apollo Global Management, a private equity company with ties to Qatar that had previously loaned $184 million to the Kushners in November 2017.
    January 2019
    Sparked by reports that the White House overruled career officials in order to restore Jared Kushner’s security clearance, the House Committee on Oversight and Reform launches an investigation into the White House security clearance process. In an interview with Committee staff in March, 2019, White House employee Tricia Newbold, who came forward as a whistleblower, described a “Senior White House Official 1” – reportedly Jared Kushner – as having “significant disqualifying factors,” for a security clearance, “including foreign influence, outside activities (‘employment outside or businesses external to what your position at the EOP entails’), and personal conduct.” She testified that this determination by her and the first-line was overruled by Carl Kline, Director of the Personnel Division, without Kline addressing all the disqualifying concerns or recording his reasons in the file. In testimony to the Committee in May, 2019, Kline denied being pressured to grant Kushner’s clearance. White House officials Crede Bailey and Cory Louie also later testified that they did not feel pressured to grant the clearances. Newbold also reported that another agency later had “serious concerns” after Kushner applied for a higher level of clearance.
    February 2019 
    The Kushner Companies’ original $1.4 billion in loan payments for 666 Fifth Avenue is due. 
    Reuters reports that the 666 Fifth Avenue deal in August 2018, in which Qatar “unwittingly” played a role as an investor in Brookfield, has prompted Qatar to rethink its investment strategy.
    March 2019
    Axios reports that House Democrats are considering an investigation into the Kushner’s August 2018 deal with Brookfield that bailed out 666 Fifth Avenue.

Current news on Charles Kushner:

What to know about Charles Kushner, the US diplomat summoned to Paris over Macron letter

By  MEG KINNARD

Updated 9:28 PM GMT, August 25, 2025

Paris’ summoning of U.S. Ambassador to France Charles Kushner, following his allegations that the country had not done enough to combat antisemitism, indicates its formal displeasure with the diplomat.

But Kushner — the father of Jared Kushner, son-in-law to President Donald Trump — did not respond to a summons Monday and sent his No. 2 instead, according to a French diplomatic official.

Charles Kushner was summoned after writing a letter to French President Emmanuel Macron alleging the country did not do enough to combat antisemitism. The foreign ministry called his allegations “unacceptable.”

French-U.S. relations have faced tensions this year amid Trump’s trade war and a split over the future of U.N. peacekeepers in Lebanon. France and the U.S. also have been divided on support for Ukraine in its war with Russia, but the split has eased with Trump expressing support for security guarantees and a warm meeting with Macron and other European leaders at the White House last week.

Here’s what to know about Charles Kushner and his summons:

He wrote a stern letter to Macron

In the letter released late Sunday, Kushner wrote that “public statements haranguing Israel and gestures toward recognition of a Palestinian state embolden extremists, fuel violence and endanger Jewish life in France.”

He urged Macron “to act decisively: enforce hate-crime laws without exception, ensure the safety of Jewish schools, synagogues and businesses … and abandon steps that give legitimacy to Hamas and its allies.”

In response, the French ministry said Kushner’s allegations violate international law and the obligation not to interfere with the internal affairs of another country.

The diplomatic dustup follows Macron’s rejection this past week of accusations from Israeli Prime Minister Benjamin Netanyahu that France’s intention to recognize a Palestinian state is fueling antisemitism.

France is home to the largest Jewish population in Europe; its estimated 500,000 Jews is the third-largest Jewish population in the world after Israel and the U.S., as well as approximately 1% of the national population.

The French official, who spoke on condition of anonymity in line with foreign ministry policy, said the U.S. chargé d’affaires who appeared in Kushner’s place Monday was told that the letter “was unacceptable,” constituted interference in France’s internal affairs and ignored the government’s efforts on combating antisemitism.

The White House referred comment to the State Department, whose deputy spokesperson, Tommy Pigott, said Sunday that it stood by Kushner’s comments.

He’s been ambassador to France since May

When he announced his intention to nominate Kushner in November, Trump called him “a tremendous business leader, philanthropist, & dealmaker.”

In May, the Senate confirmed Kushner’s appointment 51-45. During hearings, he told senators that he is a child of Holocaust survivors who came to the United States after World War II, and his grandmothers and other members of his family were executed by Nazis.

As Trump has rattled traditionally solid relationships with European allies, Kushner said he appreciates the history between the two countries and is “dedicated to building an even stronger relationship.”

Trump pardoned him in 2020

As he prepared to leave office following his first term in December 2020, Trump pardoned Kushner, following a years-earlier guilty plea to charges of tax evasion and witness tampering.

Prosecutors alleged that Kushner had hatched a scheme for revenge and intimidation after discovering his brother-in-law was cooperating with federal authorities in an investigation, hiring a prostitute and arranging to have the encounter recorded with a hidden camera and sent to his own sister, the man’s wife.

After pleading guilty to 18 counts, Kushner was sentenced in 2005 to two years in prison. It was the highest sentence he could receive under a plea deal, but less than that sought by Chris Christie, the U.S. attorney for New Jersey at the time and later governor and Republican presidential candidate.

Christie, who called it “one of the most loathsome, disgusting crimes” he ever prosecuted as U.S. attorney, has blamed Jared Kushner for his firing from Trump’s 2016 transition team. In 2018, Charles Kushner told The New York Times that he wasn’t interested in clemency, saying he “would prefer not to have a pardon” because it would garner publicity.

He’s Jared Kushner’s father

Kushner founded Kushner Companies, a real estate firm. Married to Trump’s eldest daughter, Ivanka, Jared Kushner was a senior adviser in Trump’s first White House, working on a wide range of issues and policies, including Middle East peace efforts.

Inspired by his father’s time in prison, Jared Kushner pushed Trump to back criminal justice reform legislation and was an integral part of the first Trump administration’s clemency efforts.

In his early 20s and a law and business school student in the mid-2000s when his father was sentenced, Jared Kushner suddenly found himself having to run the family’s businesses while shuttling back and forth on weekends to see his father in Alabama.

https://apnews.com/article/charles-kushner-france-donald-trump-d25e8932699142f7b594e19809c70d34

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Andrew Farkas ties to Epstein finance, report

Few people wield more power in New York City real estate than Andrew Farkas.



In the last few years, Farkas’ company has acquired the Sheraton Times Square, the third-largest hotel in New York City, for $373 million and has listed the Lexington Hotel, a historic property whose guests have included Marilyn Monroe and Joe DiMaggio, for $275 million. Developers and brokers refer to him as “the legend of real estate.”



Farkas, 65, is the founder of Island Capital, a merchant bank, and has also been a powerful political benefactor, especially to former Gov. Andrew M. Cuomo, to whom he has donated millions and whom he employed in a lucrative role when Cuomo was out of office. He is also friendly with President Donald Trump and has invested in projects of Jared Kushner, the president’s son-in-law.



But a 127-slip marina he owned in the U.S. Virgin Islands has put the billionaire real estate investor in a new and troubling spotlight. His co-owner was Jeffrey Epstein, whose private island served as the grim center of a sex-trafficking operation that was just a few miles south of the marina.



Through a spokesperson, Julie Wood, last Tuesday, Farkas addressed his association with Epstein publicly for the first time. He said the relationship was always entirely a business one. “He regrets their association and condemns Epstein’s crimes,” Wood added.



On Wednesday, in another release of files, House Democrats shared 10 photographs and four videos of Epstein’s home on the secluded island. Accusers have said he brought teens and girls as young as 11 to the property for sexual abuse.



Farkas’ name appears in Epstein’s personal emails, which were among the documents and electronic correspondence released earlier by Congress in large batches.



Farkas does not appear to write any emails himself in the correspondence that was released, but Epstein invokes his name when writing to others. He wrote “my friend Andrew Farkas,” when he told a visitor that she could hitch a ride on Farkas’ plane.



The emails do not suggest Farkas was involved in criminal behavior or impropriety. But they reveal a window into one of Epstein’s longest business partnerships and shed light on a St. Thomas business deal of Farkas, involving the marina.



Island Global Yachting, a luxury harbor company, began in 2005 when Farkas founded the marina business. It eventually grew to include marinas around the world. In 2007, as part of that growth, Farkas bought the St. Thomas marina, American Yacht Harbor.



Though the first explosive allegations of abuse and trafficking against Epstein had already made headlines, Farkas offered Epstein a deal to split the ownership on the marina a few months later. Epstein operated his businesses from an office in St. Thomas from 2013 up until his death in 2019, a move that earned him more than $300 million in tax breaks from the U.S. Virgin Islands.



In the decade after they struck up a business partnership, Epstein and Farkas had regular phone calls, documents and daily schedules show. Sometimes they met in person for breakfast in New York — on a Friday in October 2014, Epstein’s house manager, Jojo Fontanilla, was sent to McDonald’s to get four Egg McMuffins for them to share while they talked.



Epstein’s stake in the marina was essentially unknown until 2018, when Jennifer Doelling, the chief financial officer of Island Global Yachting, revealed it during a deposition for a tax audit lawsuit.



After news of the partnership leaked out, Farkas sent an email in 2019 to Island Capital board members.



“The situation is regrettable. Had we been aware of the vile and unspeakable allegations made recently, IGY never would have entered into this transaction,” he wrote.



Epstein was first charged, on a single count of prostitution, in 2006, one year before the marina deal became final, although allegations had been swirling for years. The victim in the charge had been 14 years old. He pleaded guilty to that charge in 2008.



Farkas added in the email to the board that Epstein had been only a passive investor in the project, and that negotiations for the ownership split had begun before he was charged with any crimes.



The Epstein estate has said it sold Epstein’s stake in Island Global Yachting in 2021. The next year, Farkas sold the company for $480 million.



The marina was a small part of Farkas’ portfolio, which is grounded in New York. He is the scion of a family that built the department store chain Alexander’s, which for much of the second half of the 20th century was a touchstone of working-class life in New York.



Farkas built his own empire buying up troubled rental properties and transforming them into cash flow; his rise coincided with that of Cuomo.

The two men became partners of sort, with Cuomo earning more than $2.5 million as vice president at Island Capital when he was not in office. Farkas served as finance chair for several of Cuomo’s campaigns, including his successful 2010 bid for governor. This past year, during Cuomo’s failed mayoral bid against Zohran Mamdani, Farkas gave $250,000 to an anti-Mamdani political action committee.

Farkas also tried to team up with Cuomo on a marina in Puerto Rico. (That project fizzled.)

During the heat of this fall’s mayoral election, Mamdani’s campaign released an attack ad that highlighted the failed Puerto Rico partnership and tied it to Epstein.

“Farkas’ previous partner on luxury marinas in the Caribbean?” the candidate said to the camera. “Jeffrey Epstein.”

Rich Azzopardi, a spokesperson for Cuomo, said in a statement that the ad “was nothing more than a pathetic stunt that, much like the rest of Mamdani’s campaign, had not an ounce of substance behind it.”

Cuomo and Epstein did not have a relationship, he said.

In the statement through Wood, his spokesperson, Farkas distanced himself from Epstein, saying the two had been business partners, not friends.

The emails show, however, that Epstein clearly considered the developer an ally until the end.

Weeks before he was arrested by federal agents on sex trafficking charges and just months before he died by suicide in a jail cell, Epstein — always focused on image rehabilitation — wanted to give a donation to the Massachusetts Institute of Technology.

For years, Epstein had touted his donations to MIT to burnish his image, giving $850,000 between 2002 and 2017. But with allegations against him piling up, the university had rejected his latest gift of $25,000. So in May 2019, wanting to salvage things, he dashed off an email to an MIT official.

And he dropped the name of a friend.

“I can have Andrew Farkas” give the gift on my behalf, Epstein wrote, noting that Farkas had also given contributions, in his own name, to Harvard University.

Eight minutes later, he wrote again. “How should Farkas give the money?” It appears the contribution was never made, and Epstein was arrested weeks later.

https://www.sanjuandailystar.com/post/who-is-andrew-farkas-who-owned-a-marina-with-jeffrey-epstein

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Apollo Global Management: Mark Rowan, Jared Kushner, Gaza

  • Multiple class action lawsuits have been filed alleging Apollo Global Management (NYSE:APO) and senior leaders misled investors over communications and business ties with Jeffrey Epstein.
  • Plaintiffs claim public statements about the extent and timing of Apollo’s relationship with Epstein were false or incomplete, contrary to earlier denials.
  • The cases focus on whether investors were given an accurate picture of potential legal and reputational risks linked to Epstein.
  • These lawsuits add a new layer of legal scrutiny for one of the largest alternative asset managers, with questions centered on disclosure practices and governance.

Apollo Global Management, listed on the NYSE under the ticker APO, is a large alternative asset manager focused on credit, private equity, and real assets. For investors following asset managers, legal and governance issues can matter alongside fund performance, fee structures, and assets under management. The Epstein related suits now sit next to broader industry themes such as regulation of private markets and scrutiny of disclosure standards.

As these cases move forward, investors may watch how Apollo addresses questions around past statements, risk controls, and board oversight. Outcomes in court or through potential settlements could influence how the company reports on legal exposures and reputational issues, which can factor into how some shareholders think about the risk profile of NYSE:APO.

Stay updated on the most important news stories for Apollo Global Management by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Apollo Global Management.

NYSE:APO 1-Year Stock Price Chart
NYSE:APO 1-Year Stock Price Chart

Is Apollo Global Management’s balance sheet strong enough for future acquisitions? Dive into our detailed financial health analysis

https://uk.finance.yahoo.com/news/apollo-lawsuits-over-epstein-ties-060920182.html

Kait Justice researc, Substack

Two teachers’ unions whose members have over $27.5 billion in pension capital committed to Apollo funds are demanding an SEC investigation. Apollo’s share price has fallen roughly 27 percent since the documents started surfacing in February, erasing approximately $12 billion in market capitalization. The current CEO who told Bloomberg on March 3 that Epstein “wasted my time, even from the grave he’s wasting my time” is named as a defendant.

But who is the CEO? And where is he sitting right now, today, in March 2026?

His name is Marc Rowan, and he now sits alongside Jared Kushner on Trump’s Board of Peace and the Gaza Executive Board, the bodies created to oversee Gaza’s reconstruction and investment planning.

September 2025 – (Official White House Photo by Daniel Torok)

You may have seen some headlines about Marc Rowan and Apollo the past few weeks. The Financial Times reported in early February that top Apollo executives including Rowan held wide-ranging discussions with Epstein about the firm’s tax arrangements throughout the 2010s, despite Apollo having previously said it “never did any business” with Epstein.

On February 18, Apollo’s President James Zelter told clients that “neither Marc Rowan nor anyone else at Apollo (excluding Leon Black) had either a business or personal relationship with Jeffrey Epstein.” despite Rowan clearly attending meetings with Epstein.

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United Arab Emirates

The population of the United Arab Emirates is approximately 11.6 million as of 2026. The country has a high proportion of expatriates, with around 88% of the population being foreign workers. World Population Review Wikipedia

3 years ago,Nov 2023 Fortune 500 Arabia

UAE ranks second in new Fortune 500 Arabia’s rankings of most profitable companies

Emirates Group is at 6th in first-time regional rankings from ‘Fortune’

Last updated: November 01, 2023 | 10:29

Dhanusha Gokulan, Chief Reporter

The first of its kind list of the largest companies in the Arab region was selected using a methodology based strictly on reported and verified revenues.

The first of its kind list of the largest companies in the Arab region was selected using a methodology based strictly on reported and verified revenues.Shutterstock

Abu Dhabi: UAE businesses have ranked second after Saudi Arabia in the latest ‘Fortune 500 Arabia’s’ list of most profitable companies. The UAE is home to the headquarters of 87 Fortune 500 Arabia companies, marking approximately 17 per cent of the list, generating a total of $254.87 billion in 2022.

This ranks the UAE second after Saudi Arabia, whose 153 companies generated $813.33 billion, Fortune Arabia announced on Tuesday while launching its inaugural list of 500 companies from 22 Arab countries. The Fortune 500 Arabia list, published by Fortune Arabia, is a subsidiary of Arab digital content house Majarra, licensed by Fortune Global.

The publisher said the companies were ranked by their collective revenues, which hit about $1.6 trillion in 2022, yielding a net profit of $343 billion. Private companies not listed on financial markets made up 9 per cent of the list.

Dubai’s Emirates Group, the owner of flagship airline Emirates, secured the sixth position on the prestigious list, distinguishing itself as the sole UAE Company to rank within the top ten.

The Emirates Group posted an 81 per cent year-on-year jump in its revenue for 2022, on the backdrop of growing travel demand during the year. Qatar’s flag carrier, Qatar Airways, snagged the seventh spot.

Other UAE companies on the list are DP World (ranked 12), e& (ranked 15), Abu Dhabi National Energy Company (TAQA) and Emirates NBD Bank, ranked 17 and 18, respectively.

Fortune 500 Arabia

The first-of-its-kind list of the largest companies in the Arab region was selected using a methodology based strictly on reported and verified revenues and was unveiled after seven decades after the inception of the globally acclaimed Fortune 500 list, said Fortune Arabia’s Editor-in-Chief, Hamoud Almahmoud.

The data used to compile the list was based on 2022, a year when companies were regaining their footing following the pandemic, only to be plunged directly into the crisis of the Russian-Ukraine war, the global inflation crisis, and the increase in interest rates.

Highest employment rates

UAE companies also topped the list regarding employee numbers, with 681,390 employees across 87 companies, accounting for 17.4 per cent of the companies on the list, surpassing Saudi companies of 548,625 employees.

In general, the number of UAE CEOs in listed companies reached 38 CEOs, placing UAE third, following Egypt, which ranked second with 64 CEOs, and Saudi Arabia, which topped the list with 128 CEOs.

Top 10 companies and revenues

Saudi Aramco: $603.79 billion

Kuwait Petroleum Corporation: $106.59 billion

Sonatrach Spa: $60 billion

QatarEnergy:$51.90 billion

OQ SAOC: $39.15 billion

The Emirates Group: $32.62 billioin

Qatar Airways: $20.83 billion

National Bank of Egypt: $20.10 billion

Saudi Electricity Company: $19.20 billion

QNB Group: $18.50 billion

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Read the list of banks in the UAE:

https://bank-uae.com/

Now UAE is under attack from Iranian strikes, example today:

Luxury apartment block in Dubai hit by Iranian drone

Story by Brooke Davies

 • 1h

A drone has hit a luxury skyscraper filled with homes in Dubai as Iran launches more strikes across the Middle East.

https://www.msn.com/en-ie/public-safety-and-emergencies/general/luxury-apartment-block-in-dubai-hit-by-iranian-drone/ar-AA1Ysgb8

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Drone death toll: example in Sudan

Extract from article on drone usage killing and displacing thousands of innocent civilians, making it impossible for aid organisations to get access to those in need:

INTERACTIVE----Sudan-mobile-1770029595

By Hanna Duggal and Marium Ali

Published On 3 Feb 20263 Feb 2026

The conflict between the Sudanese armed forces (SAF) and the Rapid Support Forces (RSF) paramilitary group is an example of war transformed by commercially available, easily concealable unmanned aerial vehicles (UAVs), or drones.

Modular, well-adapted to sanctions evasions and devastatingly effective, drones have killed scores of civilians, crippled infrastructure and plunged Sudanese cities into darkness.

In this visual investigation, Al Jazeera examines the history of drone warfare in Sudan, the types of drones used by the warring sides, how they are sourced, where the attacks have occurred and the human toll.

By Hanna Duggal and Marium Ali

Published On 3 Feb 2026

===========

the war on April 15, 2023, to January 23, 2026. Most of these strikes occurred in:

  • Khartoum with 440 attacks
  • North Kordofan with 122 attacks
  • North Darfur with 118 attacks
  • West Kordofan with 90 attacks
  • South Kordofan with 65 attacks
  • South Darfur with 52 attacks
  • Other states with 116

See more of this detailed analysis:

https://www.aljazeera.com/news/longform/2026/2/3/drone-warfare-in-sudan-tracking-1000-aerial-attacks-since-april-2023

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Smotrich verbalises threat to Lebanon

Israel’s Smotrich threatens Beirut suburbs amid evacuation orders

Israel issues forced evacuation order for entire Dahiyeh area of Lebanon’s capital, home to hundreds of thousands.

Listen to this article | 4 mins

People sit on the back of a vehicle as they wait in traffic, after the Israel's military issued evacuation orders of entire neighborhoods in Beirut's southern suburb, following an escalation between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, in Beirut, Lebanon, March 5, 2026. REUTERS/Claudia Greco
People sit on the back of a vehicle as they wait in traffic in Beirut after the Israeli army issued a forced evacuation order for the Lebanese capital’s southern suburbs [Claudia Greco/Reuters]

By Al Jazeera Staff

Published On 5 Mar 20265 Mar 2026

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Far-right Israeli Finance Minister Bezalel Smotrich has threatened to turn the southern suburbs of Lebanon’s capital into another Gaza Strip, as the Israeli military ordered hundreds of thousands of people to immediately leave their homes in Beirut.

In a video shared online on Thursday, Smotrich warned that the Dahiyeh area would soon look “like Khan Younis”, a city in southern Gaza that has been decimated in Israel’s genocidal war against Palestinians in the enclave.

https://www.aljazeera.com/news/2026/3/5/israels-smotrich-threatens-beirut-suburbs-amid-evacuation-orders

The cruelty of the ‘double tap’:

The health ministry on Wednesday said that “successive raids launched by the Israeli enemy” on the southern town of Qana, Tyre district, killed five people and wounded five others.

In Hennawiyeh, Tyre district, the ministry said the night prior that an Israeli strike wounded two people, and a follow-up attack killed them, along with a rescuer who came to the scene.

https://www.digitaljournal.com/world/fresh-israeli-strikes-hit-lebanon-after-evacuation-warnings/article

Nearly 700,000 displaced in Lebanon as Middle East crisis escalates

Cars loaded with luggage and belongings wait in a queue at the Masnaa border point in Lebanon, as people flee conflict and Israeli bombing to cross into Syria.

© UNHCR

People gather at the Masnaa border point in Lebanon as they wait to cross into Syria.

By Daniel Johnson in Geneva

9 March 2026 Peace and Security

On day 10 of the war engulfing the Middle East, UN agencies on Monday reported massive displacement across the region, along with surging food and fuel prices that risk increasing hunger and suffering for the most vulnerable.

In Lebanon alone, nearly 700,000 people including around 200,000 children have been forced from their homes, “adding to the tens of thousands already uprooted from previous escalations”, the UN Children’s Fund (UNICEFsaid.

The development follows a weekend of escalating Israeli and U.S. strikes against Iran, counter-strikes by Iranian forces across Israel and explosions in several Gulf States, along with Israeli strikes targeting Hezbollah in Lebanon.

Heavy toll

In its latest update, the UN relief coordination office, OCHA, said that 294 people had been killed in Lebanon and more than 1,000 injured in the first eight days of the war.

On Saturday, 7 March, 41 people were killed in a single operation by Israeli forces in the town of Nabi Sheet in eastern Lebanon that also left dozens wounded, OCHA said, citing the Lebanese authorities.

In addition to “intensified airstrikes across multiple governorates” of Lebanon, the office also noted that Israeli evacuation orders had been reissued for a third time since the war began, covering the entire areas south of the Litani River, and the second time for Beirut’s southern suburbs.

https://news.un.org/en/story/2026/03/1167098

Displaced people fled to The Corniche, an elite coastal neighbourhood in Lebanon:

In photos: Aftermath of Israeli attacks on Lebanon

12 March 2026 11:40 GMT

Mourners attend the funeral of four family members killed overnight by Israeli air strikes that targeted the southern Lebanese coastal city of Tyre on March 12, 2026.
Mourners attend the funeral of four family members killed overnight by Israeli air strikes that targeted the southern Lebanese coastal city of Tyre on 12 March, 2026. (AFP)
A man stands on the rubble of a destroyed building as firefighters work at the site of overnight Israeli airstrikes in the Haret Hreik neighbourhood of Beirut’s southern suburbs on 12 March, 2026. (AFP).jpg
A man stands on the rubble of a destroyed building as firefighters work at the site of overnight Israeli strikes in the Haret Hreik neighbourhood of Beirut’s southern suburbs on 12 March, 2026. (AFP)
Firefighters work at the site of overnight Israeli airstrikes in the Haret Hreik neighbourhood of Beirut’s southern suburbs on March 12, 2026.
Firefighters work at the site of overnight Israeli airstrikes in the Haret Hreik neighbourhood of Beirut’s southern suburbs on 12 March, 2026. (AFP)
People inspect a damaged car in the aftermath of an Israeli strike in Ramlet al-Baida at Corniche Beirut, following an escalation between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, in Beirut, Lebanon, March 12, 2026. REUTERS/Claudia Greco
People inspect a damaged car in the aftermath of an Israeli strike in Ramlet al-Baida at Corniche Beirut, where displaced people have been sleeping rough or in tents on the streets. (Reuters)

https://www.middleeasteye.net/live-blog/live-blog-update/photos-aftermath-israeli-attacks-lebanon

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Iran: UNESCO sites hit, cultural historical sites endangered

In a statement, the committee said: “The failure to observe international humanitarian law, including numerous international conventions to which the US is a State Party, as well as customary international law, can lead to the commission of war crimes.”

The committee added that it “further underscores the critical importance of advance coordination with cultural heritage professionals, deployment of cultural property protection lists, and engagement with relevant international bodies – including Unesco and The Blue Shield International (BSI) – to safeguard at-risk sites”.

The statement continued: “The destruction of cultural heritage is irreversible. It erases identity, history, and the shared memory of civilisations. No military or political objective justifies the willful or negligent destruction of humanity’s common inheritance. Such destruction is also one of the actions that can make returning to a state of peace more difficult.

https://www.museumsassociation.org/museums-journal/news/2026/03/blue-shield-warns-of-potential-war-crimes-against-irans-cultural-sites/#

Middle East history of war driven destruction:

Cultural heritage in ruins: How modern warfare has devastated the ancient cities of the Middle East

The New Arab revisits the ancient cities of the Middle East, highlighting the destruction caused by war, looting, and neglect to their cultural heritage

Society

6 min readRead Mode

Salwa Amor

29 November, 2024

The Middle East is one of the most ancient regions on Earth. The world’s first manmade cities were built here; Damascus, Syria, Jericho, Palestine, and Byblos, Lebanon.

For thousands of years, its historical legacy was protected not only by the governments and rulers of the territory but also by common citizens. However, the last century has witnessed the devastating destruction and looting of many archaeological sites in the Middle East.

The invasion of Iraq led by the US and Britain in 2003, destroyed invaluable historical sites and in an apparent disregard for history and cultural heritage, the US and Britain even built military bases atop archaeological wonders.

The Islamic State group (IS/ISIS) composed of members from various nationalities, including Europeans and Chechens, also played a devastating role in the destruction of these ancient sites both in Iraq and Syria. Coupled with airstrikes led by the Syrian government, many of the world’s most significant archaeological sites have suffered irreparable damage.

Mark Altaweel, Professor of Near East Archaeology at UCL, explained to The New Arab that recent conflicts have had a distinct and devastating impact on cultural heritage, with the deliberate targeting of historical sites emerging as a defining feature. This period of warfare, he noted, “differs from past conflicts in its attempt at cultural destruction.”

Mark also highlighted that widespread looting has added to the devastation. IS, in particular, has conducted one of the most organised and large-scale looting campaigns seen in recent times, significantly harming the region’s archaeological heritage.

Although restoration of these sites is ongoing, some archaeological experts have warned that the process may actually taint the original integrity and significance of the sites.

https://www.newarab.com/features/forgotten-cities-middle-east-ravaged-war

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Environmental impact of war

Bombing of Iran’s oil infrastructure to have major environmental fallout, experts warn

Monitors admit they are struggling to keep track of the environmental disasters arising from widening war

Damien GayleTue 10 Mar 2026 05.00 GMTShare

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Israel’s bombing of Iran’s oil infrastructure will have major long-term environmental repercussions, experts have warned, as monitors admitted they were struggling to keep track of the environmental disasters arising from the widening war.

Even as Iranians filled the streets to mark the appointment of a new supreme leader, the Shahran oil depot north-east of Tehran and the Shahr-e fuel depot to its south continued to burn on Monday, two days after they were bombed by Israeli warplanes.

In the immediate aftermath of the attacks, Iran’s environmental agency and the Iranian Red Crescent Society had warned Tehran residents to stay at home, warning the toxic chemicals spread by airstrikes on five fossil fuel installations around the city could lead to acid rain and damage the skin and lungs.

On Monday, the head of the World Health Organization, Tedros Adhanom Ghebreyesus, said: “Damage to petroleum facilities in Iran risks contaminating food, water and air – hazards that can have severe health impacts especially on children, older people, and people with pre-existing medical conditions.”

https://www.theguardian.com/world/2026/mar/10/bombing-of-irans-oil-infrastructure-to-have-major-environmental-fallout-experts-warn

The ongoing conflict in the Middle East has taken a devastating turn. Late on Saturday night, U.S. and Israeli forces launched missile strikes on Iran’s oil depots. Videos of the attack circulating online are being compared to Armageddon, with massive plumes of smoke and fire rising near public highways.

The strikes were so precise and devastating that the explosions also rocked the neighbouring city of Karaj. Footage shared on social media shows huge fireballs descending from the sky and engulfing parts of the targeted facilities.

Look at consequences of Iraq war:

ShunWaste

Iraq War’s Environmental Legacy: Devastation, Pollution, And Long-Term Consequences

Bronte Wells
what impact did the iraq war have on the environment

The Iraq War, which began in 2003, had profound and multifaceted environmental consequences that extended far beyond its immediate geopolitical implications. The conflict led to widespread destruction of ecosystems, infrastructure, and natural resources, exacerbated by the use of heavy weaponry, military operations, and the collapse of governance systems. Oil spills, such as the deliberate release of crude oil into the Tigris and Euphrates rivers, contaminated water sources and disrupted aquatic life. Additionally, the burning of oil wells and refineries released toxic pollutants into the atmosphere, contributing to air quality degradation and long-term health risks for both humans and wildlife. The war also accelerated desertification, soil erosion, and the loss of biodiversity, as military activities and displacement disrupted fragile desert and wetland ecosystems. The environmental impact of the Iraq War underscores the often-overlooked ecological costs of armed conflict, highlighting the urgent need for sustainable recovery and international accountability in post-war reconstruction efforts.

Air Pollution

Increased levels of particulate matter, toxic chemicals, and heavy metals due to bombings, fires, and military operations. Persistent air quality issues reported in areas like Baghdad and Basra.

Water Contamination

Pollution of rivers (e.g., Tigris and Euphrates) and groundwater from oil spills, military waste, and untreated sewage. Access to clean water remains a critical issue for millions of Iraqis.

Soil Degradation

Contamination from depleted uranium (DU) munitions, heavy metals, and chemical pollutants. Agricultural productivity has declined in affected areas.

Deforestation and Habitat Loss

Destruction of vegetation and wildlife habitats due to military activities, urbanization, and infrastructure damage. Marshlands in southern Iraq have been particularly affected.

Oil Spills and Fires

Extensive oil spills from damaged pipelines and storage facilities, leading to long-term environmental damage. Oil fires during the war contributed to air pollution and climate change.

Waste Management Crisis

Accumulation of military and civilian waste, including unexploded ordnance, plastics, and hazardous materials. Limited waste management infrastructure exacerbates the problem.

Climate Change Contributions

Significant carbon emissions from military operations, fires, and reconstruction activities. Iraq remains vulnerable to climate change impacts, including droughts and desertification.

Health Impacts

Increased rates of respiratory diseases, cancer, and birth defects linked to environmental contamination. Long-term health effects persist, especially in conflict-affected areas.

Biodiversity Loss

Decline in native species due to habitat destruction, pollution, and hunting. Endangered species like the Mesopotamian fallow deer are at greater risk.

Long-Term Environmental Recovery

Slow and challenging recovery process due to ongoing instability, lack of resources, and limited international support. Environmental degradation continues to affect livelihoods and ecosystems.

https://shunwaste.com/article/what-impact-did-the-iraq-war-have-on-the-environment

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Global economy hard hit by US/Israel (illegal?) war on Iran

Blinding the US? How Iran destroyed the $1.1-billion American missile radar in Qatar

FP ExplainersMarch 5, 2026, 11:38:49 IST

Satellite imagery confirms damage to the US AN/FPS-132 early warning radar in Qatar after Iran’s reported precision strike under Operation True Promise 4. The $1.1-billion system formed the backbone of American missile defence in the Gulf, supporting THAAD, Patriot and regional surveillance operations

https://www.firstpost.com/explainers/how-iran-destroyed-us-an-fps-132-radar-qatar-missile-defence-13986360.html

And

Why Trump’s War With Iran Is Costing Nearly $1 Billion A Day—At Least

ByAlison Durkee,Forbes Staff. Alison is a senior news reporter covering US politics and legal news.Follow Author

Mar 10, 2026, 01:15pm EDT

Topline

The first week of President Donald Trump’s military strikes in Iran have cost American taxpayers over $6 billion, according to Pentagon sources cited by The New York Times—as other sources place estimates even higher—and the ballooning cost of the war could approach $100 billion, depending on how long it stretches on.

https://www.forbes.com/sites/alisondurkee/2026/03/10/why-trumps-war-with-iran-is-costing-nearly-1-billion-a-day-at-least/

And

The Costs of the Iran Conflict for the Gulf

The U.S.-Israel attack on Iran risks deepening global economic problems and pushing Gulf states toward crisis. QatarEnergy’s halt of LNG production underscores the scale of the risks this war entails.

March 8, 2026

Frédéric Schneider

In short order, the U.S.-Israeli war against Iran has expanded across the region, with Gulf states bearing the brunt of Tehran’s retaliatory campaign aimed at dispersing the costs of the war and pressuring Washington to halt its offensive. This has included targeting energy infrastructure, shipping routes and aviation networks, threatening not only regional stability but the economic and reputational capital that Gulf states have painstakingly built over decades.

A Critical Moment

The war came at a moment of global economic fragility. The second Trump administration had already injected significant uncertainty into the international economic system through erratic tariff policies and a coercive, unilateral foreign policy posture that has unnerved both allies and adversaries. The global economy continues to grapple with persistent inflation, elevated interest rates, and supply chain disruptions stemming from the Red Sea crisis triggered by Houthi attacks linked to the Gaza genocide. Now both of the world’s most critical maritime chokepoints—Bab el-Mandeb and the Strait of Hormuz—are under threat.

https://mecouncil.org/blog_posts/the-costs-of-the-iran-conflict-for-the-gulf/

And see Cost or War Tracker:

https://iran-war-live.com/

India as an example of immediate crisis in Asia:

As many as 73 commodities spiked in a single week: some by over 60% as Hormuz disruptions choked the naphtha feedstock flows that Asian steam crackers depend on for 60–80% of their supply,” Ajay Joshi, a chemical sector expert, and founder of an eponymous advisory firm for chemical companies, told The Indian Express.

He added that India is among the most exposed. “Structurally import-dependent on West Asia for crude oil (50%+), LNG (50–55%), ethylene glycol, polymers, methanol, and fertilisers, India faces a compounding cost shock, worsened by the Rupee already at Rs 92 to the US Dollar. The market has not fully priced a prolonged disruption to shipping routes along the Strait of Hormuz,” Joshi added.

Textile to paint to diapers

https://indianexpress.com/article/explained/explained-economics/why-iran-war-could-push-up-prices-for-other-industries-10574514/

Note, Operation True Promise:

Iran’s military forces and regional resistance groups have launched a series of retaliatory military strikes against the United States and the Israeli regime, according to reports by state broadcaster Press TV.

The operations, conducted on Sunday, were reportedly led by the Islamic Revolution Guards Corps (IRGC) and the Iranian Army as part of “Operation True Promise 4.” This military action follows what Tehran describes as an unprovoked act of aggression by a US-Israeli coalition against the Islamic Republic.

Since the onset of the escalation, Iranian forces have reportedly executed 27 waves of missile and drone strikes. These attacks used advanced weaponry to target Israeli military facilities in the occupied territories, alongside American occupation bases and assets positioned throughout the West Asia region.

https://www.business-standard.com/world-news/iran-launches-operation-true-promise-4-against-us-israeli-assets-126030900126_1.html

Ships that have ‘gone dark’ and have travelled through the Strait of Hormuz:

‘Shadow Fleet’ have crossed the most

Shadow fleet tankers dominate current crossings of the Strait of Hormuz, according to Lloyd’s List Intelligence.

They found that, of the 13 large oil and gas carriers that crossed between 2-9 March, eight were classified as part of the so-called shadow fleet.

A tanker is classed as a shadow fleet if it is carrying sanctioned oil cargo from Iran, Russia or Venezuela.

………The IRGC has warned that any US, Israeli or European vessel detected in the strait “will certainly be struck”.

There has been a huge surge in GPS jamming in the region. Hundreds of ships jump around the map and then cluster in very small areas.

GPS ship jamming is when signals are being interrupted, causing ships to send incorrect locations.

It’s impossible to know exactly who is behind the jamming but analysts say it’s likely to be both from Iran and others.

While Iran is widely suspected of trying to disrupt shipping in the region, analysts say the surge in GPS jamming could also be linked to others, including vessels seeking to mask their movements or respond defensively to threats, making it difficult to attribute the interference to a single source.

https://www.msn.com/en-gb/news/world/dark-ships-and-shadow-fleets-what-is-crossing-closed-strait-of-hormuz/ar-AA1XVLX0

Popularity of this war, compared to others:

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Airborne renewable energy

China has developed a ‘windmill in the sky’ alternative energy renewable source:

Linyi Yunchuan Unveils SAWES S2000: World’s First Megawatt-Class Airborne Wind Turbine Powering Sichuan with 3MW High-Altitude Renewable Energy

Ava Davis

ByAva DavisJan 10, 2026

Urban Skies Transformed: The Advent of Megawatt-Scale Airborne Wind Power

In a world where urban density and the relentless pursuit of decarbonization increasingly collide, the recent flight of the SAWES S2000 airborne wind turbine marks a pivotal moment for renewable energy. Developed by Linyi Yunchuan in collaboration with Tsinghua University and the Chinese Academy of Sciences, this megawatt-class, grid-connected platform is not just a feat of engineering—it’s a harbinger of how cities might soon harvest the wind above their skylines.

The S2000’s maiden voyage reached an altitude of 6,500 feet, delivering 385 kWh in a mere half hour and demonstrating a robust 3 MW nameplate capacity. Twelve lightweight turbines, suspended beneath an inflatable aerostat hull, form the heart of this airborne system. The entire installation, remarkably, is containerized and can be deployed within five hours—a logistical revolution for a sector where wind farms traditionally require years of planning and construction.

https://biztechweekly.com/linyi-yunchuan-unveils-sawes-s2000-worlds-first-megawatt-class-airborne-wind-turbine-powering-sichuan-with-3mw-high-altitude-renewable-energy/

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