assets

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Report: Iran May Soon See Issues With Its Assets in UAE

United Arab Emirates is mulling freezing billions in Iran assets held there after Iran attacks, per WSJ

(Newser) - The UAE may be about to hit Iran where it hurts most: its bank accounts. Officials in Abu Dhabi were said to be debating whether to freeze billions of dollars in Iranian assets parked in the country, people familiar with the talks say, a step that could choke one of...

Publishers Clearing House Winners Get a Rude Awakening
Publishers Clearing House
Winners Get a Rude Awakening
IN CASE YOU MISSED IT
Sep 20, 2025 6:00 AM CDT

Publishers Clearing House Winners Get a Rude Awakening

Former 'forever' winners' payments end now

(Newser) - After decades of giant checks, Publishers Clearing House has filed for bankruptcy—and abruptly ended lifetime payouts for its "forever" sweepstakes winners. ARB Interactive, a Miami-based mobile gaming firm that recently acquired PCH's assets, announced it will not be responsible for payouts to winners who claimed their...

Giuliani Complains About 'Political Persecution'
Giuliani Hands
Over Mercedes
to Poll Workers
UPDATED
Nov 16, 2024 7:00 AM CST

Giuliani Hands Over Mercedes to Poll Workers

Ex-NYC mayor, who'd held on to car, watches in defamation case, reportedly relinquishes—kind of

(Newser) - Ruby Freeman and Shaye Moss finally have their Mercedes. That's according to a Friday letter from Rudy Giuliani's attorney, announcing the ex-New York mayor had finally turned over his luxury car to the ex-Georgia poll workers who'd won a $148 million judgment against him for defaming them...

The Average American Is Worth More Than Tim Walz
The Average American Is
Worth More Than Tim Walz
the rundown
Aug 8, 2024 11:43 AM CDT

The Average American Is Worth More Than Tim Walz

VP nominee doesn't own stocks, is thought to be worth $330K, unusual for a high-profile candidate

(Newser) - In the week of getting to know Democratic vice presidential candidate Tim Walz, focus has turned to the Minnesota governor's finances—or what CNBC describes as a "modest financial profile" that stands "in stark contrast to that of Republican presidential nominee Donald Trump."
  • For one thing,
...

G7 Nations to Ukraine's Rescue? A $50B Deal Is in the Works

G7 nations have reportedly agreed to loan money to Ukraine, with Russian assets as collateral

(Newser) - As Ukraine continues to plead for aid in its fight against Russia , Group of Seven negotiators have struck a "provisional" agreement to lend Kyiv about $50 billion, reports Bloomberg . Profits from about $280 billion of frozen Russian assets would be used as collateral for the loan, which would start...

Trump's Payment Deadline Arrives
Trump's
Payment
Deadline
Arrives
Mar 25, 2024 6:48 AM CDT

Trump's Payment Deadline Arrives

If he fails to secure huge bond Monday, New York attorney general could start seizing assets

(Newser) - Monday is a potentially big day in the legal travails of former President Trump. If he doesn't put up a bond of nearly $500 million, New York Attorney General Letitia James could start seizing his assets .
  • Time's up: James gave Trump a 30-day grace period to pay up
...

Neutral Switzerland Not So Neutral on Russia

Nation freezes assets of Putin and Russian oligarchs

(Newser) - Switzerland is traditionally, famously, neutral in international conflicts, but not this one. The nation said Monday that it would freeze the assets of Vladimir Putin, other top Russian officials, and nearly 400 individuals, reports the New York Times . In following the European Union's lead on the penalties, Switzerland condemned...

How Western Countries Can Really Hurt Putin
How Western Countries
Can Really Hurt Putin
OPINION
Feb 25, 2022 12:20 PM CST

How Western Countries Can Really Hurt Putin

The argument: seize Russian billionaires' foreign assets

(Newser) - Financial and economic sanctions against Russia could be very effective at ending Vladimir Putin's war against Ukraine "if the West shows the will—and is willing to take on its own corruption," American economist Paul Krugman writes at the New York Times . Sanctions on Russia's oil...

Here's How Badly Ghislaine Maxwell Wants Out of Prison

Jeffrey Epstein confidant offers to put up all of her assets for bail

(Newser) - Ghislaine Maxwell wants out of prison and is apparently willing to put up all of her assets to make that happen. The British socialite accused of grooming underage girls for convicted sex offender Jeffrey Epstein asked to be released from confinement in a court filing revealed Monday, claiming she's...

Trump Acknowledged a Debt of $400M. It's Much Higher

But 'Forbes' also notes he has significant assets and has a net worth of $2.5B

(Newser) - The subject of President Trump's debt surfaced at his town hall Thursday night, and he didn't deny a figure of $400 million raised by NBC's Savannah Guthrie. "It's a tiny percentage of my net worth," Trump said. "$400 million is a peanut,"...

Obama's Net Worth Revealed —Kind Of

It's somewhere between $1.8M and $7M

(Newser) - President Obama's net worth could stand at a hair under $7 million ... or just $1.8 million. That range comes via his financial disclosure reports released yesterday, and USA Today sums it up perfectly: The Obamas "are wealthy, but it's uncertain just how wealthy." Their assets...

Obamas' Assets: Up to $8.3M
 Obamas' Assets: Up to $8.3M 
May 15, 2012 6:56 PM CDT

Obamas' Assets: Up to $8.3M

Presidential books still paying off

(Newser) - Barack and Michelle Obama's personal finances are in sound shape: The first couple today reported total assets of between $2.6 million and $8.3 million last year, reports the Washington Post . (The imprecision is because of the broad ranges on reporting forms.) President Obama is still collecting...

Got a $15K Car in Michigan? No Food Stamps for You

State's decision to check assets bucks national trend

(Newser) - If you’re not making much money but are driving a nice car, don’t expect any help buying groceries in Michigan. The state this month began checking the assets of would-be food stamp recipients, USA Today reports; anyone with more than $5,000 in liquid assets or a car...

US to Freeze Syrian Assets, Impose Sanctions

Europe also considering action

(Newser) - With the bloodshed mounting in the streets of Daraa , the Obama administration is preparing sanctions against Syria, including freezing the assets of top Syrian officials, the LA Times reports. That may not have a ton of impact, since Syrian officials don’t own all that many US assets to begin...

Freeze Gadhafi's Assets? It's Tough With Name Like That

Arabic names prove tricky for banks

(Newser) - It's hard for an international bank to freeze Moammar Gadhafi's assets when no one's quite sure how to spell his name. The US Treasury Department offers up 12 different options, but language experts say there are actually more than 100 variations for "Gadhafi" alone. It's...

Allies to Hand Gadhafi's Assets to Rebels

Rebels also say countries will sell them weapons

(Newser) - Moammar Gadhafi’s frozen assets will be lining the pockets of his rebel enemies, under an agreement struck yesterday by NATO, Arab, and African officials at a closed door meeting in Qatar, the New York Times reports. The agreement comes even as divisions arose about how far to take their...

Secret Scads of Cash Bankroll Gadhafi's Fight

Libyan leader likely has access to 'tens of billions'

(Newser) - The US alone has frozen nearly $32 billion of Libya’s assets, so how can Moammar Gadhafi afford to keep fighting? Easy: piles of cash amounting to “tens of billions,” officials tell the New York Times . Gadhafi has been hoarding cash in Tripoli, keeping it out of the...

Egypt Freezes Mubarak's Assets

Ex-leader's foreign assets now off-limits

(Newser) - If Hosni Mubarak really has a death wish, this won't be cheering him up: Egypt today moved to freeze all of Mubarak's foreign assets, reports the AP. The move encompasses any assets of Mubarak's wife, two sons, or their wives; Mubarak's domestic assets were frozen in the days following his...

Mubarak Used Final 18 Days to Hide His Fortune

Intelligence sources say he moved money around

(Newser) - It took protesters 18 days to oust Hosni Mubarak, and he used that time wisely, funneling his fortune into untraceable overseas accounts, according to Western intelligence sources. During his 30 years in power, Mubarak is said to have amassed anywhere between $4.8 billion and $64 billion, and demand is...

Report: BP Looks to Unload Assets

'Sunday Times' says it's shopping stake in Alaska, elsewhere

(Newser) - BP is talking with Apache Corp. about possibly selling $18 billion worth of assets including a stake in Alaska's Prudhoe Bay oil field, the Sunday Times reports. BP spokesman Robert Wine and Apache spokesman Bill Mintz both said their companies would not comment on "speculation." The Sunday Times...

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