Donald Trump Personally Profited From Missile-Maker Raytheon’s Stock Jump After His Syria Attack

While the world is dealing with both the implications and the fall-out from President Donald Trump’s missile attack on a Syrian airfield on Thursday, the manufacturer of the Tomahawk missile used in the attack is seeing their stock surge which is good news for their investors — including the president.

As noted by the Palmer Report, Trump owns stock in Raytheon, which was reported by Business Insider in 2015.

According  to Trump’s financial disclosure reports filed with the FEC in 2015, his stock portfolio includes investments in  technology firms, financial institutions and defense firms, including Raytheon.

On Thursday, Trump launched an attack on the al-Shayrat military airfield, used by both Syrian and Russian military forces, hitting it with 59 Tomahawk missiles manufactured by Raytheon. Trump’s attack on Syria was reportedly in response to a deadly gas attack launched by Syrian President Bashar al-Assad against his own people earlier in the week.

While the Tomahawk attack did little damage to the airfield — with the Syrian air force  continuing to launch assaults from the same base on Friday — investors, sensing an increasing escalation in tensions between two countries and the possibility of war , pushed Raytheon stock up.

Since taking office, Trump has refused to divulge all of his financial information — including his income taxes — and refused to place his business and financial holdings in a blind trust allowing Trump and his family to move money and investments around as they see fit.

(h/t Raw Story)

Trump-Ordered Raid in Yemen That Killed US Navy SEAL Was Approved ‘Without Sufficient Intelligence’

The US military said on Wednesday it was looking into whether more civilians were killed in a raid on Al Qaeda in Yemen on the weekend, in the first operation authorized by President Donald Trump as commander in chief.

US Navy SEAL William “Ryan” Owens died in the raid on a branch of Al Qaeda, also known as AQAP, in al Bayda province, which the Pentagon said also killed 14 militants. Medics at the scene, however, said about 30 people, including 10 women and children, were killed.

US Central Command said in a statement that an investigating team had “concluded regrettably that civilian noncombatants were likely killed” during Sunday’s raid. It added that children may have been among the casualties.

Central Command said its assessment “seeks to determine if there were any still-undetected civilian casualties in the ferocious firefight.”

US military officials told Reuters that Trump approved his first covert counterterrorism operation without sufficient intelligence, ground support, or adequate backup preparations.

As a result, three officials said, the attacking SEAL team found itself dropping onto a reinforced Al Qaeda base defended by landmines, snipers, and a larger-than-expected contingent of heavily armed Islamist extremists.

The Pentagon directed queries about the officials’ characterization of the raid to US Central Command, which pointed only to its statement on Wednesday.

The US officials said the extremists’ base had been identified as a target before the Obama administration left office on January 20, but President Barack Obama held off approving a raid ahead of his departure.

A White House official said the operation was thoroughly vetted by the previous administration and the previous defense secretary had signed off on it in January. The raid was delayed for operational reasons, the White House official said.

The military officials who spoke with Reuters on condition of anonymity said “a brutal firefight” took the lives of Owens and at least 15 Yemeni women and children. One of the dead was the 8-year-old daughter of Anwar al-Awlaki, a militant killed by a 2011 US drone strike.

Some of the women were firing at the US force, Pentagon spokesman Captain Jeff Davis told reporters.

Intelligence gathered

The American elite forces did not seize any militants or take any prisoners offsite, but White House spokesman Sean Spicer said on Wednesday the raid yielded benefits.

“Knowing that we killed an estimated 14 AQAP members and that we gathered an unbelievable amount of intelligence that will prevent the potential deaths or attacks on American soil — is something that I think most service members understand, that that’s why they joined the service,” Spicer said.

A senior leader in Yemen’s Al Qaeda branch, Abdulraoof al-Dhahab, and other militants were killed in the gunfight, Al Qaeda said.

One of the three US officials said on-the-ground surveillance of the compound was “minimal, at best.”

“The decision was made … to leave it to the incoming administration, partly in the hope that more and better intelligence could be collected,” that official said.

As Sunday’s firefight intensified, the raiders called in Marine helicopter gunships and Harrier jump jets, and then two MV-22 Osprey vertical-takeoff-and-landing aircraft to extract the SEALs.

One of the two suffered engine failure, two of the officials said, and hit the ground so hard that two crew members were injured, and one of the Marine jets had to launch a precision-guided bomb to destroy it.

Trump traveled to Dover Air Force Base in Delaware on Wednesday in an unexpected visit to meet with the family of Owens, who had been a chief special warfare operator.

(h/t Business Insider)

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