Trump Ambassadors Sold Stocks

Trump Ambassadors Sold Stocks

Trump Ambassadors Sold Stocks

Several U.S. ambassadors actively shed their stock holdings as President Donald Trump tried to downplay the coronavirus outbreak in its early stages. Ambassadors to Uruguay, France, Morocco and Italy sold shares in transactions that could have made them millions of dollars, according to financial disclosure filings reviewed by CNBC. Much of their sales were in January and continued throughout February, the records show. Their transactions line up with a timeline of federal and congressional announcements as the virus started sweeping across the globe earlier this year.

Some of the ambassadors’ stock transactions were for companies involved with research or developing products that are linked to treating patients that have contracted the coronavirus, such as biopharmaceutical firms. Read more…………..

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On 1 July 2020, Germany will take over the rotating six-month presidency of the Council of the EU, the grouping of the 27 EU governments. During this time, it will need to help broker an agreement on the multiannual EU budget and the proposed €750 billion coronavirus recovery fund and forge a new relationship with the UK. Germany has also promised to strengthen EU discussions on climate change and foreign policy, in particular with China.

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