NEW YORK TO CANCEL $17M TRUMP CONTRACTS

New York City will cut its financial ties with the Trump Organization in the wake of the U.S. president's inflammatory remarks to the crowd that stormed the Capitol last week, the city's mayor announced. Bill de Blasio said the city will cancel three contracts to operate a carousel in Central Park, skating rinks and a golf course in the Bronx that are worth around US$17 million a year. The Trump Organization swiftly announced plans to challenge what it branded a politically motivated decision. Amanda Miller, a spokeswoman for the company, said: “The City of New York has no legal right to end our contracts and if they elect to proceed, they will owe the Trump Organization over US$30 million.” But Mr de Blasio, a Democrat and regular critic of Donald Trump, said: “We're on strong legal ground.”