Trump adviser seeks to cut AFP, other news agency contracts

Trump has made the federal-funded agencies overseen by the USAGM a particular target of his media reforms. (AFP/File)
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Updated 14 March 2025
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Trump adviser seeks to cut AFP, other news agency contracts

  • “We should not be paying outside news companies to tell us what the news is,” Kari Lake said on X

WASHINGTON: A senior adviser to President Donald Trump said Thursday she was moving to cancel long-established contracts between three international news agencies and the federal body that oversees US government-funded news organizations.
In a post on X announcing the move to cut the contracts with Agence France-Presse (AFP), Reuters and The Associated Press, former journalist-turned-politician and staunch Trump loyalist Kari Lake said: “We should not be paying outside news companies to tell us what the news is.”

Lake joined the US Agency for Global Media as a special adviser last month. The agency oversees a handful of media entities dedicated to reporting news and combatting censorship abroad, such as the Voice of America (VOA), Radio Free Europe and Radio Free Asia.
“I moved today to cancel expensive and unnecessary newswire contracts for US Agency for Global Media, including tens of millions of dollars in contracts with The Associated Press, Reuters, and Agence France-Presse,” Lake said
“We should be producing news ourselves. And if that’s not possible, the American taxpayer should know why,” she added.
AFP has a number of long-running contracts to provide text, photo and video services to USAGM outlets.
Trump has made the federal-funded agencies overseen by the USAGM a particular target of his media reforms, and close adviser Elon Musk has called for VOA and Radio Free Europe to be shut down entirely for “torching” taxpayer money.
He tapped Lake in December to become the head of VOA, but she has yet to be confirmed.

 


Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

Updated 13 January 2026
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Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

  • Nasdaq to deliver exclusive real-time US equities market data
  • Real-time updates fully integrated into Asharq Business’ data infrastructure and available across all platforms

RIYADH: Asharq Business with Bloomberg, the region’s leading business and financial news multi-platform channel, announced Tuesday a strategic three-year collaboration with Nasdaq, to deliver exclusive real-time US equities market data and updates to investors and decision-makers across the Middle East. 

Through access to Nasdaq’s official data product, Nasdaq Last Sale (NLS), Asharq Business with Bloomberg will receive real-time last-sale trade updates and calculated insights across major US exchanges directly from the Nasdaq Market Center. The collaboration strengthens market transparency, enhances data-driven storytelling, and provides audiences and partners with deeper insight into global financial activity. 

With a rapidly growing investor base in the region — and with Nasdaq serving as a primary destination for many Arab and regional investors — Asharq Business with Bloomberg reinforces its mission to deliver timely, accurate, and exclusive financial updates by integrating NLS data into its digital platforms, live markets coverage, and broader data ecosystem. 

Leveraging its partnership with Bloomberg Media — which grants access to reporting from over 2,700 journalists and analysts worldwide — Asharq Business with Bloomberg continues to build on its reputation as the region’s most trusted and credible multi-platform business news source. The collaboration with Nasdaq underscores its commitment to providing reliable, data-backed content across social, digital, and streaming platforms, available for audiences anytime and anywhere. 

Dr Nabeel Al Khatib, General Manager of Asharq News Network, commented: “It has been five years since the inception of Asharq Business with Bloomberg, and our audience has always been at the center of everything we do. We invest time and effort to understand what matters to them, ensuring we deliver data and stories that genuinely support informed decision-making. With growing regional interest in global markets, our collaboration with Nasdaq marks a strategic step toward offering a clearer, more comprehensive view of international financial activity. Through Nasdaq Last Sale, we aim to further empower our audience with transparent, real-time insights, strengthening their ability to navigate an increasingly interconnected global investment landscape.” 

The Nasdaq leadership team added: “We are pleased to collaborate with Asharq Business with Bloomberg to broaden access to high-quality US market data in the Middle East. Through Nasdaq Last Sale, we aim to enhance transparency, support informed decision-making, and contribute to a more connected global investor community.”