Pay back taxes, Vietnam court tells Uber

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(FILES) This file photo taken on March 10, 2017 shows Uber signage outside the entrance of the ride-hailing giant's office in Hong Kong.  / AFP PHOTO
(FILES) This file photo taken on March 10, 2017 shows Uber signage outside the entrance of the ride-hailing giant’s office in Hong Kong. / AFP PHOTO

Pay back taxes, Vietnam court tells Uber

ASEAN+ January 06, 2018 15:23

By Viet Nam News/ANN

6,570 Viewed

HCM CITY – Uber Vietnam would have to pay taxes as people’s court in HCM City dismissed a suit by the company against the city tax department.

The HCM City People’s Court has dismissed a suit by the Dutch-based ride-hailing company Uber International Services Holding B.V against the city tax department seeking remedy against a claim for back taxes.

VNExpress electronic newspaper reported the court said Uber Vietnam, a subsidiary of Uber International, “does not have the required legal status for such a case”.

In September, the department ordered Uber to pay VND66.68 billion (US$2.94 million) in tax arrears and penalties for tax evasion by December 23. But the company only paid up VNĐ13.3 billion ($586,000).

The department then asked five local banks to appropriate more than VND53.38 billion ($2.35 million) from Uber’s accounts by January 10.

Uber then filed the lawsuit against the department.

On December 29, the department received a notice from the court to put on hold its appropriation from Uber.

Now that the case has been dismissed, the tax authorities will proceed to collect the amount.

Minister of Transport Nguyen Van The said Vietnam should learn from the European Union (EU) to manage the operation of companies such as Uber and Grab to ensure fair competition for traditional taxi firms.

At a conference of the General Directorate for Road of Vietnam on Tuesday, The said the management of Uber and Grab remained controversial worldwide.

However, in December, the EU’s top court ruled that Uber should be classified as a transport service and regulated like other taxi operators despite Uber’s argument that it was simply a digital app acting as an intermediary between drivers and passengers.

“We should learn from the EU to manage this service,” The said, urging relevant management authorities to raise proposals to manage Uber and Grab following the established regulations and ensure a healthy competition environment.

HCM City Taxi Association recently proposed that the transport ministry regulate Uber and Grab as taxi operators.

The association also suggested that Uber and Grab be banned from using foreign capital sources to offer promotions aimed in getting a share of the taxi industry, and then reporting losses to avoid paying taxes.

In a related move, taxi firm Anh Duong Việt Nam Company (Vinasun) sent a document to the Ministry of Transport proposing that Grab and Uber should also be regulated as taxi operators.

Reuters reported that Uber has transformed the taxi industry since its launch in 2011 and currently operates in more than 600 cities globally.

The boom in Uber and Grab cars in major cities, including Hanoi and HCM City, during the past three years has pushed many taxi firms into difficulties.

Homeless clampdown sparks UK royal wedding row

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(FILES) This file photo taken on May 16, 2017 shows a homeless person sleeping rough by the entrance to a money exchange shop in central London on May 16, 2017. / AFP PHOTO
(FILES) This file photo taken on May 16, 2017 shows a homeless person sleeping rough by the entrance to a money exchange shop in central London on May 16, 2017. / AFP PHOTO

Homeless clampdown sparks UK royal wedding row

ASEAN+ January 06, 2018 10:36

By Agence France-Presse
Windsor, United Kingdom

In picturesque Windsor, in the shadow of the castle where Queen Elizabeth II spends her weekends, a dozen homeless people shelter from the cold in a jumble of blankets and cardboard boxes.

But with less than five months to go until the May 19 wedding of her grandson Prince Harry and US actress Meghan Markle in the mediaeval castle’s chapel, the local authority’s bid to sweep the homeless off the streets has triggered indignation.

Simon Dudley, the Conservative leader of the Royal Borough of Windsor and Maidenhead council, has urged the local Thames Valley Police force to take action against their “aggressive begging and intimidation”.

“A large number of adults that are begging in Windsor are not in fact homeless,” he wrote in a letter, while those that were genuinely homeless had rejected secure accommodation in order to keep begging.

“This is creating a concerning and hostile atmosphere for our residents and the seven million tourists who come to Windsor each year.”

The level of interest in Windsor, some 20 miles (35 kilometres) west of London, is “set to multiply” ahead of the royal wedding, he added.

According to the business valuation consultancy Brand Finance, the event should draw hundreds of thousands of extra tourists to the town, normally home to just 30,000 people, in 2018.

The British economy could be set to benefit to the tune of £500 million ($680 million, 565 million euros), they claimed.

Homeless by ‘choice’

Dudley said the genuinely homeless, having rejected help, were on the streets by “voluntary choice”.

Sheltering from the wintry wind, Stephanie, who has been in the town centre for two years after suffering mental illness, insisted: “I don’t choose to sit here.”

“Whatever people give me, they give me. I don’t choose to ask for money to get given something to eat, like sandwiches,” she told AFP.

The council’s plans have been condemned by, among others, the Conservative MP for Maidenhead — Prime Minister Theresa May.

Murray James, the Windsor Homeless Project manager, was all the more shocked by the proposed clampdown as Harry and his brother Prince William have long been involved in work with the homeless — William having even slept rough by a bridge in London.

“I am pretty sure they’re as outraged by the comments that have been made as I am and many of the Windsor residents are,” James told AFP in the church where the project offers hot meals, clothes and a shower.

Regardless of the royal marriage, the authorities should pursue the reasons why people end up on the streets rather than the homeless themselves, he said.

“It’s a constant problem,” he said.

“We’ve always had between 12 and 15 people sleeping rough. The majority of those people don’t beg.”

He claimed there was a lack of emergency accommodation in the town and deplored the state of the housing provided by the local authority — often “infested with rats”, he said.

‘A lovely day’

Many passers-by in Windsor barely take notice of its homeless population.

Peggy Outhwaite said she was uncomfortable waiting for the bus while a homeless man took up residence in the bus shelter.

“I don’t think that they should be here,” she said of the homeless.

“This is a royal town and Harry should have his day — and a lovely day at that,” the pensioner told AFP.

Derek Prime, who runs a souvenir shop already selling mugs and trinkets with Harry and his fiancee’s faces on, doubted the council’s claims to have proper accommodation in place.

Dudley “really wants to come out here and spend a night on the street just to see what it’s like,” he said.

Thames Valley Police commissioner Anthony Stansfeld, an elected official, is preparing a response to Dudley’s letter.

Last month, Dudley complained on Twitter of the “epidemic of rough sleeping and vagrancy” in the royal town.

But the local police hit back on the social media network, saying: “Housing is the responsibility of the council but it is better that agencies work together so people don’t become homeless.”

‘Fire and Fury’: Excerpts from tell-all book on Trump

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Copies of the book "Fire and Fury" by author Michael Wolff are displayed on a shelf at Book Passage on January 5, 2018 in Corte Madera, California./AFP
Copies of the book “Fire and Fury” by author Michael Wolff are displayed on a shelf at Book Passage on January 5, 2018 in Corte Madera, California./AFP

‘Fire and Fury’: Excerpts from tell-all book on Trump

ASEAN+ January 06, 2018 08:05

By Agence France-Presse
Washington

2,503 Viewed

The following are excerpts from “Fire and Fury: Inside the Trump White House,” an incendiary new book by Michael Wolff which was rushed into bookstores Friday after President Donald Trump failed to suppress it.

The book quickly sold out in shops in the US capital, with some lining up at midnight to get their hands on the instant best-seller, dismissed by Trump as “phony” and “full of lies.”

Without addressing specifics, White House spokeswoman Sarah Sanders said there were things in the book that were “completely untrue,” while Trump denounced comments attributed to Steve Bannon, saying his former chief strategist had “lost his mind.”

Team Trump: running to lose

“‘We’re all losers,’ Trump would say. ‘All our guys are terrible, nobody knows what they’re doing.'”

“‘This thing,’ he told the Mercers, ‘is so fucked up'”.

Trump was reportedly addressing the family of Bob Mercer, the ultra-conservative billionaire sponsors who swung behind his campaign in its final months — and who reiterated their support in the wake of Wolff’s bombshell book.

The shock of election night

“When the unexpected trend — Trump might actually win — seemed confirmed, Don Jr. told a friend that his father, or DJT, as he called him, looked as if he had seen a ghost. Melania, to whom Donald Trump had made his solemn guarantee, was in tears — and not of joy.”

“There was, in the space of little more than an hour, in Steve Bannon’s not unamused observation, a befuddled Trump morphing into a disbelieving Trump and then into a horrified Trump. But still to come was the final transformation: Suddenly, Donald Trump became a man who believed that he deserved to be, and was wholly capable of being, the president of the United States.”

Bannon on meeting with Russians 

“‘The three senior guys in the campaign,’ an incredulous Bannon went on, ‘thought it was a good idea to meet with a foreign government inside Trump Tower in the conference room on the 25th floor — with no lawyers.

‘They didn’t have any lawyers. Even if you thought that this was not treasonous, or unpatriotic, or bad shit, and I happen to think it’s all of that, you should have called the FBI immediately.'”

Bannon was referring to Trump’s son Donald Jr, son-in-law Jared Kushner and campaign manager Paul Manafort.

Learning the constitution

“Early in the campaign, in a Producers-worthy scene, (campaign aide) Sam Nunberg was sent to explain the Constitution to the candidate: ‘I got as far as the Fourth Amendment before his finger is pulling down on his lip and his eyes are rolling back in his head.'”

George W. Bush on Trump’s inaugural address

“That’s some weird shit.”

Trump’s Putin obsession

“‘What has he gotten himself into with the Russians?’ pressed (the late Fox News chairman Roger) Ailes. ‘Mostly,’ said Bannon, ‘he went to Russia and he thought he was going to meet Putin. But Putin couldn’t give a shit about him. So he’s kept trying.'”

Trump’s Murdoch obsession

“‘I’ll call him,’ said Ailes. ‘But Trump would jump through hoops for Rupert. Like for Putin. Sucks up and shits down. I just worry about who’s jerking whose chain.'”

Murdoch on Trump?

“‘What a fucking idiot,’ said Murdoch, shrugging, as he got off the phone” after talking immigration issues with Trump.

Too much to think about

“‘I wouldn’t give Donald too much to think about,’ said an amused Ailes. Bannon snorted. ‘Too much, too little-doesn’t necessarily change things.'”

Trump fears being poisoned

“He had a longtime fear of being poisoned, one reason why he liked to eat at McDonald’s — nobody knew he was coming and the food was safely pre-made.”

Flattery and Egyptian shoes

“Abdel Fattah el-Sisi, the Egyptian strongman, ably stroked the president and said, ‘You are a unique personality that is capable of doing the impossible.’ (To Sisi, Trump replied, ‘Love your shoes. Boy, those shoes. Man….’)”

‘Our man’ in Saudi

“Within weeks of (Trump’s Saudi) trip, MBS (Mohammed bin Salman), detaining MBN (Mohammed bin Nayef) quite in the dead of night, would force him to relinquish the Crown Prince title, which MBS would then assume for himself. Trump would tell friends that he and Jared had engineered a Saudi coup: ‘We’ve put our man on top!'”

Ivanka’s presidential ambitions

“Balancing risk against reward, both Jared and Ivanka decided to accept roles in the West Wing over the advice of almost everyone they knew. It was a joint decision by the couple, and, in some sense, a joint job. Between themselves, the two had made an earnest deal: If sometime in the future the opportunity arose, she’d be the one to run for president. The first woman president, Ivanka entertained, would not be Hillary Clinton; it would be Ivanka Trump.”

– Her brothers’ presidential nicknames –

“His sons, Don Jr. and Eric — behind their backs known to Trump insiders as Uday and Qusay, after the sons of Saddam Hussein.”

And the comb-over: explained by Ivanka

“She often described the mechanics behind it to friends: an absolutely clean pate — a contained island after scalp-reduction surgery — surrounded by a furry circle of hair around the sides and front, from which all ends are drawn up to meet in the center and then swept back and secured by a stiffening spray. The color, she would point out to comical effect, was from a product called Just for Men — the longer it was left on, the darker it got. Impatience resulted in Trump’s orange-blond hair color.”

$8.39 bn credit set for small firms

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$8.39 bn credit set for small firms

ASEAN+ January 06, 2018 01:00

By THE JAKARTA POST
ASIA NEWS NETWORK
JAKARTA

INDONESIA’S Deputy Coordinating Economic Minister for Macroeconomic and Finance, Iskandar Simorangkir, has said the government has allocated 120 trillion rupiah (US$8.39 billion) for micro credit programme Kredit Usaha Rakyat (KUR) this year, higher than the 106.6 trillion rupiah allocated last year.

He said in Jakarta on Thursday that the government was optimistic that more micro and small businesses would accept KUR credits as the interest rate had been decreased to 7 per cent this year from 9 per cent last year.

“Learning from experience, the interest rate decline would boost demand for the credits,” he said at a press conference at his office.

He said the disbursement of KUR funds reached 95.6 trillion rupiah as of Novemebr 30, last year, reaching 89.6 per cent of the target.

“[The disbursement] by the end of 2017 was expected to reach nearly 100 trillion or above 90 per cent,” Iskandar said, adding that the government disbursed 94.3 trillion rupiah in KUR micro credits in 2016.

KUR is a government programme aimed at providing micro and small businesspeople with soft loans so that they can expand their businesses.

The government cooperates with banks and other financial institutions to distribute the funds.

Bank Negara buys land for education hub

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Bank Negara buys land for education hub

ASEAN+ January 06, 2018 01:00

By THE STAR
ASIA NEWS NETWORK
KUALA LUMPUR

BANK NEGARA Malaysia has acquired a piece of land near the central bank in Kuala Lumpur from the government for its financial education hub.

Bank Negara said the 55.79 acres of land is located contiguous to its Sasana Kijang complex which is equipped with conference and state of the art training facilities.

The complex houses international organisations such as the World Bank, South East Asian Central Banks Research and Training Centre and the Alliance for Financial Inclusion.

“The land will be utilised for the relocation of the Global Islamic Finance University (INCEIF) |and the International Shari’ah Research |Academy for Islamic Finance (ISRA).

“The land will also be used for future development of education and training facilities that |will focus on enhancing the technical |capabilities of the talents in the financial industry,” it said.

It is also near the new Asia School of Business (a collaboration with the Massachusetts Institute of Technology) complex and the financial industry’s Financial Industry Training Centre presently under construction.

Bank Negara said the entire combined area will be designated and integrated as a world-class education hub for financial services.

“The hub is envisioned to be a focal point for international learning and research that will nurture a sustainable pool of local talents to support the development of the domestic financial services industry,” it said.

AEC Feed

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AEC Feed

ASEAN+ January 06, 2018 01:00

By Asia News Network

Jakarta considering $25 bn LRT proposal

Jakarta Deputy Governor Sandiaga Uno has said that the city administration is considering an offer from PT Ratu Prabu Energi to develop a 200-kilometer light rail transit (LRT) project with a US$200 billion investment value.

“Today, Ratu Prabu Energi, one of the largest business groups in Indonesia, visited us to offer a mature concept for the construction of 200-kilometre LRT project in Jakarta and surrounding cities,” Sandiaga said on Thrsday at City Hall as reported by Antara.

He added that the project was a full business-to-business (B2B) scheme without government guarantee and would be implemented between 2020 and 2025.

“The project will involve investors from South Korea, China and Japan. We are happy because the proposal is a concrete measure for solving traffic congestion in the capital,” Sandiaga added.

Sandiaga said he was informed that Ratu Prabu Energi had already talked to the Greater Jakarta Transportation Body (BPTJ) and the Transportation Ministry about the project.

The city administration will carry out a comprehensive feasibility study on the project, Sandiaga said, adding that such a massive project would create many jobs and would help Jakarta have better public transportation. – The Jakarta Post

Malaysia Airports sees slower traffic growth

Malaysia Airports Holdings Bhd (MAHB) expects passenger passenger traffic growth to dip to 6.3 per cent in 2018 after an 8 per cent growth in 2017.

Its managing director Datuk Badlisham Ghazali said yesterday the airports owner and operator was also looking to reduce its stake in its 100% owned Istanbul Sabiha Gokchen International Airport (ISG) in Turkey.

Speaking at MAHB’s media briefing on Malaysia Airports’ Business Update & 2018 Outlook, he said MAHB was in talks with 10 parties to sell down the stake.

“We will maintain our majority stake in ISG in the short term but for the long term we can’t say, anything is possible,” he said.

ISG, is one of two international airports in Istanbul.

The other airport in the Turkish capital is the Istanbul Ataturk Airport. The third airport, Istanbul Grand Airport, is currently under construction, it was reported.

ISG currently serves over 50 international airlines. It serves about 40 domestic networks. – The Star

Lao govt speeds up access to electricity

The Lao government has spent billions of kip in 2017 to install and expand the power grid in villages across the country to ensure that more households can have access to electricity.

The Ministry of Energy and Mines reported that it received approval for investing 145.82 billion kip in 77 transmission line development projects last year.

In a report on the development of the energy sector in the first nine months of 2017, the ministry said it had spent 106.74 billion kip, or about 73.19 per cent of the total value of the projects.

“The approval of about 145.82 billion kip is mainly for the expansion and installation of low and medium voltage transmission line projects that is the responsibility of the ministry,” the ministry’s Office Head, Dr Daovong Phonekeo, said.

“Investments in the higher voltage power grid and substation development projects are mainly the responsibility of another sector, especially Electricite du Laos (EDL),” he said.

The ministry’s report said Laos had a total power grid system of 57,897.17 km in 2017. compared to 54,690.87 km in 2016.

“This 57,897.17 km includes not only the low and medium voltage transmission lines, it also includes the high voltage power grid,” Dr Daovong said. – The Vientiane Times

PCC approves buyout of FamilyMart stores

Davao-based businessman Dennis Uy has obtained imprimatur from the Philippine Competition Commission (PCC) to acquire the 67-store Philippine FamilyMart store chain through his petroleum trading and distribution arm Phoenix Petroleum Philippines Inc.

In a press statement, the PCC said it had approved Phoenix Petroleum’s per cent acquisition of Philippine FamilyMart CVS Inc (PFM) or Philippine Family Mart.

Based on a decision made on January 3, the PCC’s Mergers and Acquisitions Office (MAO) found that the transaction “does not result in substantial lessening of competition in the relevant market.” – Philippine Daily Inquirer

Plants put Cambodia closer to energy goals

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Plants put Cambodia closer to energy goals

ASEAN+ January 06, 2018 01:00

By THE PHNOM PENH POST
ASIA NEWS NETWORK
PHNOM PENH

THE INTRODUCTION of two new power plants in Cambodia last year saw the country inch towards self-sufficiency in its electricity supply even as energy consumption grew 14 per cent, the Mines and Energy Ministry said yesterday.

The Kingdom consumed 8.15 billion kilowatt hours of electricity over the course of 2017, with 20 per cent imported from Thailand, Vietnam and Laos, said ministry spokesman Victor Jona.

By comparison, 2016 saw 7.17 billion kilowatt hours consumed, with 22 per cent of it imported.

The figures amount to a 14 per cent rise in consumption and a 1 billion kilowatt hour increase in local generation.

Jona said the greater production was driven by the opening of a 135-megawatt coal power plant in Preah Sihanouk province as part of a complex of generators with a previous capacity of 270 megawatts, and which is slated to eventually be expanded to 700 megawatts.

The Preah Sihanouk plant, a joint venture project between Cambodia International Investment Development Group and Chinese-based Erdos Hongjun Electric Power Co, was first fired up in late 2014.

Meanwhile, the massive and controversial Lower Sesan II Hydropower Dam began a test run with two of its eight turbines by the end of 2017 and should be fully operational by October, providing a total 400 megawatts of capacity, Jona said.

Overall electricity production was projected to increase by another 15 per cent by the end of 2018, he said. “Everything has been growing in line with our plans.”

The Electricity Authority of Cambodia (EAC) last year supplied electricity to about 14,000 villages, or 81 percent of all villages in Cambodia, Jona added. About 3.3 million households – or 68.5 per cent of all homes – were provided with some form of electricity.

In 2018, the EAC plans to connect another 5 percent of villages and 4 percent of households, he said.

“Our target is to expand the national grid to all 25 provinces,” he said, noting that the grid presently only reached 19 provinces.

Ngeth Chou, a senior consultant for Emerging Markets Consulting, said that while the ministry’s plans to increase energy production should result in reduced prices, the long-term impact on the environment was also important for the government to consider.

“We see Cambodia is growing its electrical supply in order to reduce high prices, but this is not sustainable, because our power supply projects are dependent on coal and hydropower, which have serious negative impacts on the environment,” he said.

Tsukiji market’s final year-opening tuna auction in Tokyo

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Tsukiji market’s final year-opening tuna auction in Tokyo

ASEAN+ January 05, 2018 19:16

By EPA-EFE

Kiyoshi Kimura (C), who runs the Sushi Zanmai chain sushi restaurant, poses with a tuna cutting knife in front of his the bluefin tuna he bid on in the final year-opening auction at Tsukiji Market in Tokyo, Japan, 05 January 2018.

A bluefin tuna, with a weight of 405 kg, was sold for about 36,500,000 yen (about 320,000 US dollar) in the year-opener auction. This year’s top per kilogram price, for a smaller tuna, was 1,419 US dollar per kilogram, paid by Kiyoshi Kimura, who runs the Sushi Zanmai chain sushi restaurant.

Tuna fish brokers check the quality of a bluefin tuna in the final year-opening auction at Tsukiji Market in Tokyo, Japan, 05 January 2018. A bluefin tuna, with a weight of 405 kg, was sold for about 36,500,000 yen (about 320,000 US dollar) in the year-opener auction. //EPA-EFE PHOTO

 Tuna fish brokers check the quality of bluefin tuna in the final year-opening auction at Tsukiji Market in Tokyo, Japan, 05 January 2018.//EPA-EFE PHOTO

A market official calls for bidding on frozen bluefin tuna in the final year-opening auction at Tsukiji Market in Tokyo, Japan, 05 January 2018. A bluefin tuna, with a weight of 405 kg, was sold for about 36,500,000 yen (about 320,000 US dollar) in the year-opener auction. // EPA-EFE PHOTO

Tuna fish brokers check the quality of frozen bluefin tuna in the final year-opening auction at Tsukiji Market in Tokyo, Japan, 05 January 2018. // EPA-EFE PHOTO

Chinese Consulate General releases Bali tourism guidebook for Chinese tourists

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Chinese Consulate General releases Bali tourism guidebook for Chinese tourists

Breaking News January 05, 2018 17:48

The Chinese Consulate General in Denpasar has launched a Bali tourism guidebook in a bid to support and ease access for Chinese citizens traveling to the island.

“Hopefully, ASITA [the Association of Indonesian Tour and Travel Agencies], travel agents and tourism players can display this guidebook in hotels and airports as well as other places [deemed appropriate],” said the consulate general’s deputy consul, Chen Wei in Denpasar, Bali, on Friday as quoted bytempo.co.

The 29-page Mandarin-language guidebook features more information than previous editions, including information on Bali, immigration, currency, accident prevention and insurance. It also includes the operating hours of banks and restaurants, transportation, hospitals, tips during a natural disaster emergency, regulations, customs and excise, important office contact numbers, languages, tourist attractions, as well as Bali’s cultures and customs.

The consulate has printed around 30,000 copies of the guidebook to be distributed for free at its office located on Jl. Tukad Badung in Renon, Denpasar.

Chen said the number of Chinese tourists to Bali continued to increase, from only 400,000 in 2014 to 600,000, 980,000 and 1.37 million in 2015, 2016 and by October 2017, respectively.

He added that the guidebook was expected to be able to boost tourism in Bali and prevent problems for Chinese tourists.

Bali Tourism Agency head Anak Agung Yuniarta Putra said Chinese tourists made up the majority of tourist arrivals to the island last year, followed by Australia, India, Japan and the United Kingdom.

“Hopefully this guidebook is useful to tourists from China,” said Yuniarta.

Trump faces new crisis with book questioning his fitness for office

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File photo : Trump//EPA-EFE
File photo : Trump//EPA-EFE

Trump faces new crisis with book questioning his fitness for office

ASEAN+ January 05, 2018 17:13

Washington – US President Donald Trump faced a new public relations crisis Friday with the publication of a tell-all book that depicts him as mentally unstable and in over his head, after his lawyers failed to block its release.

Publishers responded to a cease-and-desist letter from Trump by moving forward by four days the release of “Fire and Fury: Inside the Trump White House” — an expose by author and political muckraker Michael Wolff that quotes key Trump aides expressing serious doubt about his fitness for office.

“I authorized Zero access to White House (actually turned him down many times) for author of phony book! I never spoke to him for book. Full of lies, misrepresentations and sources that don’t exist,” Trump tweeted Thursday.

“Look at this guy’s past and watch what happens to him and Sloppy Steve!” Trump wrote — a possible reference to Steve Bannon, his former chief strategist, or Steve Rubin, the publisher of Wolff’s book.

The book — which paints Trump as mentally unstable and far out of his depth — includes extensive quotes from Bannon, who also received a “cease and desist” order from Trump’s attorneys.

“Your publication of the false/baseless statements about Mr. Trump gives rise to, among other claims, defamation by libel, defamation by libel per se, false light invasion of privacy, tortious interference with contractual relations, and inducement of breach of contract,” Trump’s lawyers said in the letter to Wolff.

In the book, excerpts of which were published this week, Bannon is quoted accusing Trump’s eldest son Don Jr of “treasonous” contacts with a Kremlin-connected lawyer, and saying the president’s daughter Ivanka, who imagines running for president one day, is “dumb as a brick.”

– Criticism from aides –

But it is Trump himself who is cast in the most unfavorable light by a series of his top aides.

The book claims that for “Steve Mnuchin and Reince Priebus, the president was an ‘idiot.’ For Gary Cohn, he was ‘dumb as shit.’ For H.R. McMaster, he was a ‘dope.’ The list went on.”

White House issued a scorched-earth dismissal of the book, its author and his sources.

“I don’t think (Americans) really care about some trash that an author that no one had ever heard of until today, or a fired employee, wants to peddle,” said White House press secretary Sarah Sanders, calling the book “complete fantasy.”

Behind the scenes, though, Trump has been enraged by the betrayal by Bannon — a man who engineered the New York real estate mogul’s link to the nationalist far right and helped create a pro-Trump media ecosystem.

“He called me a great man last night. He obviously changed his tune pretty quick,” Trump said in the White House’s Roosevelt Room Thursday.

Sanders suggested that Bannon’s employer, Breitbart News, should consider firing him.

    – Russia allegations –

He wasn’t fired, but Bannon’s main financial backer is formally cutting ties with him, The Washington Post reported.

“I support President Trump and the platform upon which he was elected,” the newspaper quoted billionaire conservative donor Rebekah Mercer as saying.

Her family has had no contact with Bannon for months, nor has it given money to support his political agenda, “nor do we support his recent actions and statements,” she was quoted as saying.

Bannon, who left the White House in August, is also quoted in the book as saying that the investigation by special counsel Robert Mueller into Russian interference in the 2016 election will focus on money laundering.

The investigation by Mueller, a former FBI director, is looking into whether the Trump campaign colluded with Russia to help get him elected — a charge the president has repeatedly and vehemently denied.

Russia-related allegations in the book also ensnare Don Junior, who took a meeting with Russian lawyer Natalia Veselnitskaya in June 2016 after an intermediary promised material that would incriminate Trump’s Democratic rival Hillary Clinton.

Trump’s son-in-law Jared Kushner and then campaign chairman Paul Manafort also attended the meeting at Trump Tower in New York.

– Disbelief over victory –

“The three senior guys in the campaign thought it was a good idea to meet with a foreign government inside Trump Tower in the conference room on the 25th floor — with no lawyers,” Bannon was quoted as saying in the book.

“Even if you thought that this was not treasonous, or unpatriotic, or bad shit, and I happen to think it’s all of that, you should have called the FBI immediately,” he said.

Wolff’s book — which he says is based on interviews with Trump, his senior aides and others — makes a litany of shocking claims, including Trump’s belief that he installed Mohammed bin Salman as Saudi Arabia’s crown prince.

“We’ve put our man on top,” Trump is said to have claimed to friends.

The book also claims that Trump considered appointing a friend to the Supreme Court vacancy filled by Neil Gorsuch, eats food from McDonald’s because he believes it to be safe from poison, and that his team did not believe he was capable of winning the election.

“Shortly after 8 p.m. on Election Night, when the unexpected trend — Trump might actually win — seemed confirmed, Don Jr. told a friend that his father, or DJT, as he calls him, looked as if he had seen a ghost. Melania was in tears — and not of joy,” it said.//AFP