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Posted at: Jun 13, 2018, 1:23 AM; last updated: Jun 13, 2018, 1:23 AM (IST)GLOBE TROT

Malaysian king joins austerity drive with pay cut

Kuala Lumpur: Malaysia’s king has thrown his weight behind the new government’s bid to slash massive debts inherited from the corruption-plagued old regime by taking a 10 per cent pay cut, royal officials said. Sultan Muhammad V offered to reduce his salary after being touched by members of the public contributing out of their own pockets to a government fund to cut the debt, they said.  AFP

Ivanka, Kushner made $82 million last year: Reports

Washington: President Trump’s daughter and son-in-law made at least $82 million in outside income while serving as senior White House advisers last year, thanks to investment deals from firms they had previously led, reports said. Ivanka Trump reported $3.9 million from her stake in  Trump International Hotel, as well as more than $2 million in severance pay from Trump Organization. Her husband Jared Kushner earned $70 million. AFP

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