Tiffany Trump shares first photos of son with Lebanese husband Michael Boulos
As the only child of president Trump and Marla Maples, she welcomed her first child Alexander Trump Boulos on May 15, 2025.
'The love of our lives, ATB,' the new mother captioned the photos she posted on social media.
The love of our lives, ATB 🧸 pic.twitter.com/r7fziTVAad
— Tiffany Ariana Trump (@TiffanyATrump) July 3, 2025
At 29-years-old, Trump married 25-year-old Lebanese-American billionaire Boulos at Donald Trump's private club Mar-a-Lago in Palm Beach, Florida.
The couple met in 2018 at Lindsey Lohan's Beach club while vacationing in Santorini, according to US media.
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Arab News
an hour ago
- Arab News
Under pressure, Hezbollah weighs scaling back its arsenal
The group's difficulties have been compounded by seismic shifts in the regional power balanceAnother senior official, who is familiar with Hezbollah's internal deliberations, said the group had been holding clandestine discussions on its next stepsBEIRUT: Hezbollah has begun a major strategic review in the wake of its devastating war with Israel, including considering scaling back its role as an armed movement without disarming completely, three sources familiar with the deliberations internal discussions, which aren't yet finalized and haven't previously been reported, reflect the formidable pressures the Iran-backed Lebanese militant group has faced since a truce was reached in late forces continue to strike areas where the group holds sway, accusing Hezbollah of ceasefire violations, which it denies. It is also grappling with acute financial strains, US demands for its disarmament and diminished political clout since a new cabinet took office in February with US group's difficulties have been compounded by seismic shifts in the regional power balance since Israel decimated its command, killed thousands of its fighters and destroyed much of its arsenal last Syrian ally, Bashar Assad, was toppled in December, severing a key arms supply line from Iran. Tehran is now emerging from its own bruising war with Israel, raising doubts over how much aid it can offer, a regional security source and a senior Lebanese official told senior official, who is familiar with Hezbollah's internal deliberations, said the group had been holding clandestine discussions on its next steps. Small committees have been meeting in person or remotely to discuss issues including its leadership structure, political role, social and development work, and weapons, the official said on condition of official and two other sources familiar with the discussions indicated Hezbollah has concluded that the arsenal it had amassed to deter Israel from attacking Lebanon had become a 'had an excess of power,' the official said. 'All that strength turned into a weak point.'Under the leadership of Hassan Nasrallah, who was killed last year, Hezbollah grew into a regional military player with tens of thousands of fighters, rockets and drones poised to strike Israel. It also provided support to allies in Syria, Iraq and came to regard Hezbollah as a significant threat. When the group opened fire in solidarity with its Palestinian ally Hamas at the start of the Gaza war in 2023, Israel responded with airstrikes in Lebanon that escalated into a ground has since relinquished a number of weapons depots in southern Lebanon to the Lebanese armed forces as stipulated in last year's truce, though Israel says it has struck military infrastructure there still linked to the is now considering turning over some weapons it has elsewhere in the country — notably missiles and drones seen as the biggest threat to Israel — on condition Israel withdraws from the south and halts its attacks, the sources the group won't surrender its entire arsenal, the sources said. For example, it intends to keep lighter arms and anti-tank missiles, they said, describing them as a means to resist any future media office did not respond to questions for this military said it would continue operating along its northern border in accordance with the understandings between Israel and Lebanon, in order eliminate any threat and protect Israeli citizens. The US State Department declined to comment on private diplomatic conversations, referring questions to Lebanon's government. Lebanon's presidency did not respond to Hezbollah to preserve any military capabilities would fall short of Israeli and US ambitions. Under the terms of the ceasefire brokered by the US and France, Lebanon's armed forces were to confiscate 'all unauthorized arms,' beginning in the area south of the Litani River — the zone closest to government also wants Hezbollah to surrender the rest of its weapons as it works to establish a state monopoly on arms. Failure to do so could stir tensions with the group's Lebanese rivals, which accuse Hezbollah of leveraging its military might to impose its will in state affairs and repeatedly dragging Lebanon into sides have said they remain committed to the ceasefire, even as they traded accusations of OF HEZBOLLAH'S 'DNA'Arms have been central to Hezbollah's doctrine since it was founded by Iran's Islamic Revolutionary Guard Corps to fight Israeli forces who invaded Lebanon in 1982, at the height of the 1975-1990 Lebanese civil war. Tensions over the Shiite Muslim group's arsenal sparked another, brief civil conflict in United States and Israel deem Hezbollah a terrorist Blanford, who wrote a history of Hezbollah, said that in order to reconstitute itself, the group would have to justify its retention of weapons in an increasingly hostile political landscape, while addressing damaging intelligence breaches and ensuring its long-term finances.'They've faced challenges before, but not this number simultaneously,' said Blanford, a fellow with the Atlantic Council, a US think tank.A European official familiar with intelligence assessments said there was a lot of brainstorming underway within Hezbollah about its future but no clear outcomes. The official described Hezbollah's status as an armed group as part of its DNA, saying it would be difficult for it to become a purely political a dozen sources familiar with Hezbollah's thinking said the group wants to keep some arms, not only in case of future threats from Israel, but also because it is worried that Sunni Muslim jihadists in neighboring Syria might exploit lax security to attack eastern Lebanon, a Shiite-majority the catastrophic results of the latest war with Israel — tens of thousands of people were left homeless and swathes of the south and Beirut's southern suburbs were destroyed — many of Hezbollah's core supporters want it to remain Hussein, whose son died fighting for Hezbollah, cited the threat still posed by Israel and a history of conflict with Lebanese rivals as reasons to do so.'Hezbollah is the backbone of the Shiites, even if it is weak now,' she said, asking to be identified by a traditional nickname because members of her family still belong to Hezbollah. 'We were a weak, poor group. Nobody spoke up for us.'Hezbollah's immediate priority is tending to the needs of constituents who withstood the worst of the war, the sources familiar with its deliberations December, Secretary General Naim Qassem said Hezbollah had paid more than $50 million to affected families with more than $25 million still to hand out. But there are signs that its funds are running Beirut resident said he had paid for repairs to his apartment in the Hezbollah-controlled southern suburbs after it was damaged in the war only to see the entire block destroyed by an Israeli airstrike in June.'Everyone is scattered and homeless. No one has promised to pay for our shelter,' said the man, who declined to be identified for fear his complaints might jeopardize his chances of receiving said he had received cheques from Hezbollah but was told by the group's financial institution, Al-Qard Al-Hassan, that it did not have funds available to cash them. Reuters could not immediately reach the institution for indications of financial strain have included cutbacks to free medications offered by Hezbollah-run pharmacies, three people familiar with the operations HEZBOLLAH FINANCESHezbollah has put the onus on Lebanon's government to secure reconstruction funding. But Foreign Minister Youssef Raji, a Hezbollah critic, has said there will be no aid from foreign donors until the state establishes a monopoly on arms.A State Department spokesperson said in May that, while Washington was engaged in supporting sustainable reconstruction in Lebanon, 'this cannot happen without Hezbollah laying down their arms.'Israel has also been squeezing Hezbollah's Israeli military said on June 25 that it had killed an Iranian official who oversaw hundreds of millions of dollars in transfers annually to armed groups in the region, as well as a man in southern Lebanon who ran a currency exchange business that helped get some of these funds to did not comment at the time, and its UN mission did not immediately respond to questions from February, Lebanon has barred commercial flights between Beirut and Tehran, after Israel's military accused Hezbollah of using civilian aircraft to bring in money from Iran and threatened to take action to stop authorities have also tightened security at Beirut airport, where Hezbollah had free rein for years, making it harder for the group to smuggle in funds that way, according to an official and a security source familiar with airport moves have fueled anger among Hezbollah's supporters toward the administration led by President Joseph Aoun and Nawaf Salam, who was made prime minister against Hezbollah's its Shiite ally, the Amal Movement, Hezbollah swept local elections in May, with many seats uncontested. The group will be seeking to preserve its dominance in legislative elections next Boumonsef, deputy editor-in-chief of Lebanon's Annahar newspaper, said next year's poll was part of an 'existential battle' for Hezbollah.'It will use all the means it can, firstly to play for time so it doesn't have to disarm, and secondly to make political and popular gains,' he said.
Arab News
an hour ago
- Arab News
Global Markets — stocks and dollar dip as Trump's spending bill passes, trade deal deadline nears
LONDON: Stocks slipped on Friday as US President Donald Trump got his signature tax cut bill over the line and attention turned to his July 9 deadline for countries to secure trade deals with the world's biggest economy. The dollar also fell against major currencies with US markets already shut for the holiday-shortened week, as traders considered the impact of Trump's sweeping spending bill which is expected to add an estimated $3.4 trillion to the national debt. The pan-European STOXX 600 index fell 0.8 percent, driven in part by losses on spirits makers such as Pernod Ricard and Remy Cointreau after China said it would impose duties of up to 34.9 percent on brandy from the EU starting July 5. US S&P 500 futures edged down 0.6 percent, following a 0.8 percent overnight advance for the cash index to a fresh all-time closing peak. Wall Street is closed on Friday for the Independence Day holiday. Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on exports to the US, a clear shift from earlier pledges to strike scores of individual deals before a July 9 deadline when tariffs could rise sharply. Investors are 'now just waiting for July 9,' said Tony Sycamore, an analyst at IG, with the market's lack of optimism for trade deals responsible for some of the equity weakness in export-reliant Asia, particularly Japan and South Korea. At the same time, investors cheered the surprisingly robust jobs report on Thursday, sending all three of the main US equity indexes climbing in a shortened session. 'The US economy is holding together better than most people expected, which suggests to me that markets can easily continue to do better (from here),' Sycamore said. Following the close, the House narrowly approved Trump's signature, 869-page bill, which averts the near-term prospect of a US government default but adds trillions to the national debt to fuel spending on border security and the military. Trade the key focus in Asia Trump said he expected 'a couple' more trade agreements after announcing a deal with Vietnam on Wednesday to add to framework agreements with China and Britain as the only successes so far. US Treasury Secretary Scott Bessent said earlier this week that a deal with India is close. However, progress on agreements with Japan and South Korea, once touted by the White House as likely to be among the earliest to be announced, appears to have broken down. The US dollar index had its worst first half since 1973 as Trump's chaotic roll-out of sweeping tariffs heightened concerns about the US economy and the safety of Treasuries, but had rallied 0.4 percent on Thursday before retracing some of those gains on Friday. As of 2:00 p.m. Saudi time it was down 0.1 percent at 96.96. The euro added 0.2 percent to $1.1773, while sterling held steady at $1.3662. The US Treasury bond market is closed on Friday for the holiday, but 10-year yields rose 4.7 basis points to 4.34 percent, while the two-year yield jumped 9.3 bps to 3.882 percent. Gold firmed 0.4 percent to $3,336 per ounce, on track for a weekly gain as investors again sought refuge in safe-haven assets due to concerns over the US's fiscal position and tariffs. Brent crude futures fell 64 cents to $68.17 a barrel, while US West Texas Intermediate crude likewise dropped 64 cents to $66.35, as Iran reaffirmed its commitment to nuclear non-proliferation.
Al Arabiya
2 hours ago
- Al Arabiya
UBS, Goldman refused to open bank accounts for US-backed Gaza aid foundation: Sources
UBS declined a request by the Gaza Humanitarian Foundation (GHF) to open a bank account in Switzerland while Goldman Sachs did not set up a Swiss account for GHF after initial talks, two people with knowledge of the discussions told Reuters. GHF is a US- and Israeli-backed organization that began delivering humanitarian supplies to Palestinian civilians in Gaza in May, bypassing traditional aid channels including the United Nations. GHF had sought to open a bank account for a unit based in Geneva to help facilitate donations from outside the United States, two other people with knowledge of its plans said. The foundation started talks with lawyers and banks including UBS and Goldman last autumn about the Swiss entity's structure, before deciding to withdraw from Switzerland in May, they said. The two people declined to say which other banks GHF had engaged with and Reuters could not establish that information independently. GHF did not respond to questions about whether it had spoken to other banks. According to two of the people, the foundation's plans for a Geneva branch faced setbacks including a lack of donations and resignations of founding members, including GHF executive director Jake Wood, as well as difficulties opening a Swiss bank account. A GHF spokesperson told Reuters by email that the decision to withdraw from Switzerland was not because of any setbacks, adding: 'It was a strategic decision to be located in the US' One stumbling block in talks with banks was lack of transparency about where the foundation's funds would come from, one of the people with knowledge of the discussions told Reuters. Before accepting clients, banks must conduct due diligence to establish their identities and ownership, the nature of their business activities and their sources of wealth. GHF has not disclosed details of its finances. A GHF spokesperson said it has 'spoken about initial funding from Europe, but we don't disclose donors for their privacy.' Reuters reported on June 24 that the US government would give $30 million - its first known financial contribution - to GHF, now headed by Rev. Dr. Johnnie Moore, a former adviser to US President Donald Trump, after Wood quit in May. UBS was approached in late 2024 and did not accept GHF as a client after conducting compliance, risk and reputational due diligence, one of the people with knowledge of the talks said. A representative for UBS said the bank could not comment on matters related to potential, existing or former clients. GHF did not respond to questions from Reuters about UBS. The other person with knowledge of the discussions said GHF also held preliminary talks with Goldman Sachs about opening a bank account in Switzerland. Without giving details, that person said Goldman did not open an account and has no banking relationship with GHF in the United States either. An undated and unsigned GHF briefing document that Reuters reported details of on May 8 said the foundation had 'a verbal commitment from Goldman Sachs to establish a bank account' for a Swiss-based affiliate it was setting up. Reuters could not establish any details about Goldman's verbal commitment or why Goldman did not open an account for GHF. A spokesperson for Goldman Sachs declined to comment. A GHF spokesperson said the document was old and that it had decided not to commence operations in Switzerland and so 'walked away from discussions with banking entities there.' 'Our organization is US-based and has multiple highly reputable banking partners,' the spokesperson told Reuters, without giving details. GHF was incorporated in 2025 in Delaware, filings show, and has a US bank account with JPMorgan, according to a separate person with knowledge of the situation. A JPMorgan spokesperson declined to comment. Its briefing document reported by Reuters in May said it had 'secure banking and financial relationships' with JPMorgan and North Carolina-based Truist Bank. A Truist Bank representative said it does not discuss or confirm client relationships. Distribution GHF uses private US security and logistics companies to get supplies into Gaza, where it has been operating since May under a distribution plan described by the United Nations as 'inherently unsafe. ' Its operations have been beset by violence and chaos including deadly shootings of scores of Palestinians near its food distribution sites guarded by Israeli forces, Reuters has reported. The UN and other humanitarian groups have refused to work with GHF, questioning its neutrality and criticizing the new distribution model as militarizing aid and forcing displacement of Palestinians. Wood resigned before GHF's May 26 launch, saying he could not abandon 'the principles of humanity, neutrality, impartiality and independence.' GHF has repeatedly said it has distributed aid from its sites without incident and has previously told Reuters it 'strictly adheres' to humanitarian principles. 'The Palestinian people of Gaza must be fed and GHF is the only organization that has demonstrated ability to deliver food assistance,' a spokesperson said. Dissolution According to Switzerland's Federal Supervisory Authority for Foundations (ESA), a foundation must hold capital in a Swiss bank account and at least one member of its board must be resident in Switzerland. In filings dated February, seen by Reuters, GHF said its Swiss entity had an initial endowment. However, that capital contribution was never made, a spokesperson for GHF said. ESA told Reuters GHF had never provided information about a bank account in Switzerland or statutory initial capital. ESA is taking steps to order the dissolution of GHF's Swiss branch, Reuters reported on July 2.
