Moscow welcomes Georgian reassessment of 2008 war
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U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
The filings show Trump's companies received nearly $800m from World Liberty Financial, a crypto venture he co-founded with his sons and the sons of his special envoy, Steve Witkoff.
Trump also reported earning $635m from the sale of his Trump meme coin, despite the coin's value falling sharply since its launch three days before he took office.
After taking office, Trump introduced a series of policies welcomed by the cryptocurrency industry, including implementing federal rules for stablecoins and scaling back enforcement by the U.S. Justice Department and the Securities and Exchange Commission.
Reuters has estimated the Trump family has earned at least $2.3bn from crypto-related projects since Trump returned to the White House in 2025.
White House spokesperson Anna Kelly denied any conflict of interest, saying neither the president nor his family had ever engaged, or would ever engage, in such conduct.
"President Trump proudly made the United States the crypto capital of the world through executive actions," she said.
In 2025, the president also reported more than $80m in income from settlements with several media companies, as well as $52m from licensing his name to overseas property developers, mainly through deals with Middle Eastern partners.
The White House has previously said the president's business interests are overseen by his children. However, Trump remains the beneficiary of the trust that ultimately receives the income.
While cryptocurrency was by far Trump's biggest source of income, his traditional businesses, particularly his golf courses and resorts, continued to generate millions of dollars.
Income from Trump's real estate business, the industry that made his name, grew at a more modest pace. He reported earnings from a dozen major commercial property ventures, most of them involving buildings he developed or acquired decades ago.
He also earned millions from Trump-branded Bibles, watches and other merchandise. The White House has denied that he is profiting from the presidency.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
Rising trade across the Caspian Sea is strengthening Georgia’s role as a logistics hub and could help the country develop higher-value industries, according to the Asian Development Bank (ADB).
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
SK Hynix reported record quarterly profit on Wednesday, but its shares slumped 10 per cent after the South Korean chipmaker fell short of investor expectations built around the artificial intelligence (AI) boom.
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf.
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