Lockheed Martin Secures $92.8M AEGIS Sustainment Contract from U.S. Navy 
Global Concern Grows as Humanitarian Crisis in Gaza Deepens Despite Ceasefire 
U.S. Lifts Sanctions on Three Intellexa-Linked Executives Amid Spyware Controversy 
China Conducts Largest-Ever Live-Fire War Games Around Taiwan Amid Rising Cross-Strait Tensions 
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel 
MSF Faces Possible Ban From Gaza as Israel Enforces New Aid Registration Rules 
Jazz Ensemble Cancels Kennedy Center New Year’s Eve Shows After Trump Renaming Sparks Backlash 
Salvador Nasralla Challenges Honduras Election Results Amid Fraud Allegations 
South Korea Prosecutor Alleges Former First Lady Kim Keon Hee Abused Power for Bribes 
Lavrov Says Russia Holds Strategic Initiative in Ukraine as Settlement Talks Continue 
Ukraine Drone Attacks Target Moscow and Western Russia, Injure One Civilian 
U.S. Appeals Court Allows Trump Administration to Enforce Medicaid Funding Ban on Planned Parenthood 
Trump–Netanyahu Talks Aim to Revive Gaza Ceasefire and Address Iran, Hezbollah Tensions 
Bolsonaro Undergoes Second Medical Procedure for Persistent Hiccups While Hospitalized in Brasilia 
Zelenskiy Says Ukraine Discussing Possible U.S. Troop Presence as Security Guarantee 
Zohran Mamdani Names Steve Banks as New York City Corporation Counsel Amid Clash With Trump 
The COVID-19 pandemic has affected many people financially, including now-former President Donald Trump. A recent analysis of his wealth revealed that during his presidency, his net worth dropped by a significant amount.
Trump’s net worth dropped between $700 million to $2.3 billion during his term as president, according to Bloomberg’s analysis of his filings and financial documents from May 2016 to January 2021.
The former president’s commercial real estate makes up most of his net worth The office towers that Trump owns or co-owns, according to the documents, have seen significant losses as of late due to the pandemic forcing people to stay at home and work remotely. Overall, Bloomberg predicted a 26 percent drop in the value of Trump’s commercial real estate.
Aside from commercial buildings, Trump also owns or has his name licensed to several hotels, resorts, and 19 golf courses. Filings have shown that the former president’s two golf courses in Scotland have been consistently suffering from losses, likely even more during the pandemic despite the sport being popular throughout this time. Following the January 6 insurrection at the Capitol, the PGA of America ended its contract with Trump’s New Jersey golf course.
The former president’s fleet of planes, including a Boeing 757, has dropped in value over the years even before Trump became president. This was in part of Trump selling some of his planes. In 2015, the value for seven of his planes was at $59 million and five have a value of about $6.5 million in 2020.
Meanwhile, with the increasing incidents of violence against Asians and Asian Americans in the country, along with the recent shooting at a spa in Atlanta, Georgia, a study showed that the anti-Asian rhetoric spiked increasingly under the former president.
A week after Trump used the hashtag #chinavirus to refer to COVID-19, usage of the hashtag increased more than tenfold, and users who made use of the tag were shown to be more likely to use these hashtags to refer to the coronavirus in their tweets.
Trump has repeatedly referred to the coronavirus as the “China virus” in an attempt to shift responsibility for the administration’s highly criticized response to the pandemic.
