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Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.[
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Cryptocurrency market value slumps under US$1 trillion

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LONDON: The value of the cryptocurrency market on Monday (Jun 13) fell below US$1 trillion for the first time since January 2021, according to data site CoinMarketCap, reaching as low as US$926 billion.The global cryptocurrency market peaked at US$2.9 trillion in November 2021, but it has faltered so far this year.

It has lost US$1 trillion in value in the last two months alone as investors ditched riskier assets in the face of high inflation and fears that interest rate raises by central banks will hamper growth.The largest cryptocurrency, bitcoin, was down more than 10 per cent on the day, falling to an 18-month low of US$23,750.

It is down by around 50 per cent so far this year. Smaller coin ether fell over 15 per cent to US$1,210."As inflation proves to be an even trickier opponent to beat than expected, Bitcoin and Ether are continuing to get a severe bruising in the ring," said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown."They are prime victims of the flight away from risky assets as investors fret about spiralling consumer prices around the world."

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