Updated
Updated · HuffPost · Jun 3
Michael Kosta Mocks Ivanka Trump's $1 Billion Albania Island Project as Economic Pain Deepens
Updated
Updated · HuffPost · Jun 3

Michael Kosta Mocks Ivanka Trump's $1 Billion Albania Island Project as Economic Pain Deepens

3 articles · Updated · HuffPost · Jun 3

Summary

  • Tuesday's "Daily Show" segment targeted Ivanka Trump over her and Jared Kushner's investment in a 1,400-hectare private island off Albania, casting her remarks as tone-deaf during a U.S. economic crisis.
  • Kosta built the bit around Ivanka Trump's interview description of the island as an "unbelievable, beautiful" Mediterranean property she and Kushner discovered after swimming ashore from a friend's boat.
  • The resort development has been unfolding for years and reportedly carries a price tag above $1 billion, while the project tied to Kushner's business dealings is also under investigation.
  • Kosta also seized on reports that the couple may have to contend with abandoned bunkers and unexploded bombs on the site, using the hazards to sharpen his ridicule of the luxury venture.

Insights

After a similar project failed in Serbia, will massive local protests in Albania derail another Kushner-led Balkan mega-resort?
With a corruption probe underway, can a mega-resort be built on a protected Albanian coastline without irreversible environmental damage?
Can a former Soviet weapons base riddled with bunkers be safely transformed into a luxury paradise using foreign government funds?