Donald Trump’s inauguration has set a record with $250 million raised, surpassing the $107 million from 2017. Major tech and cryptocurrency firms back the event as Trump and Vice President-elect J.D. Vance prepare to take office today.
United States President-elect Donald Trump has raised a record $250 million for his inauguration, set to take place today.
According to ABC News, citing sources, the funds were secured by Trump’s inaugural committee, in collaboration with Vice President-elect J.D. Vance and major fundraising organisations. This marks a significant increase from the $107 million raised for Trump’s 2017 inauguration.
The event has attracted financial backing from leading technology firms, including Meta, Apple, Amazon, Google, Microsoft, OpenAI, and Uber. Additionally, key players in the cryptocurrency industry are among the contributors, with Ripple pledging $5 million, Robinhood $2 million, and Coinbase $1 million.
The scale of fundraising underscores the level of corporate and financial sector engagement in the event, reflecting both economic and political interests at play.
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Typhoon Champi swept past Taiwan on Saturday, leaving one person dead and more than 500 injured as strong winds and torrential rain brought down trees, cut power and disrupted transport across the island.
French President Emmanuel Macron on Friday described a deadly shooting in the towns of Trappes and La Verrière, west of Paris, as a racist attack and ‘a turning point’ for the country.
Israeli forces have maintained a tight closure on Hebron in the occupied West Bank for a second day, with Palestinian media reporting home raids, mass detentions and dozens of residents forced outside following a shooting incident the day before.
Foreign ministers meeting in Istanbul on Friday warned that renewed military strikes on Iran could deepen the regional conflict, urging diplomatic efforts to prevent further escalation.
Riot police fired tear gas at protesters in France’s largest cities and more than 1,300 people were arrested during demonstrations against the rising cost of living on Saturday (24 October). Police also used a water cannon on a group of around 500 hooded youths in Paris, after the main rally ended.
Ukraine's military has been hit this month by restrictions on Starshield, the military version of SpaceX's Starlink satellite communications system. Its receivers stopped functioning when mounted on fast-moving objects such as drones, jeopardising some combat and air defence missions.
At least five people were killed and several others injured in overnight attacks across Russia and Ukraine on Sunday, 25 October, as officials reported strikes on residential areas and industrial facilities, while Moscow claimed to have targeted logistics infrastructure and a cargo vessel.
Protests against war and rising living costs took place in major Italian cities on Saturday, with some incidents of violence and clashes, a week after unrest erupted across the country.
Bulgarians are voting in a presidential election on Sunday as deadly drone attacks on merchant vessels in the Black Sea raise security concerns and expose divisions over the country's response to Russia's war in Ukraine.
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