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News Slideshows (08/13/2019 03 hours)


  • 1/76   News Photos Slideshows
    PEOPLE TOPIC NEWS

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D


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    Press Review


    King of the Ring   Dick Swett   Mia Khalifa   Tumblr   Dak Prescott   Gleyber Torres   Clowney   Trina   Sami Zayn   Jerry Jones   Heath Slater   Jordyn Woods   Brady Lail   Gary Thorne   Annaliese   Mister Ray   Sebastian Telfair   Jordan Kimball   Michael J Fox   Dak and Zeke   Scoops Ahoy   Joe Mantiply   The Miz   Buds   Whitemane   Faerlina   DeSclafani   TS Madison   
  • 2/76   Viola Davis’s message to white women: ‘Get to know me’
    PEOPLE TOPIC NEWS

    But Davis does see a path forward: empathy and becoming educated on one another’s experiences.

    But Davis does see a path forward: empathy and becoming educated on one another’s experiences.


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  • 3/76   Swizz Beatz, Alicia Keys’s husband, says hip-hop industry lacks compassion
    PEOPLE TOPIC NEWS

    Iconic hip-hop producer and Alicia Keys’s husband, Swizz Beatz, isn’t afraid to tell his guy friends he loves them.

    Iconic hip-hop producer and Alicia Keys’s husband, Swizz Beatz, isn’t afraid to tell his guy friends he loves them.


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  • 4/76   Mike 'The Situation' Sorrentino Is 'Having the Time of His Life' in Prison, Snooki Says
    PEOPLE TOPIC NEWS

    Mike 'The Situation' Sorrentino Is 'Having the Time of His Life' in Prison

    Mike 'The Situation' Sorrentino Is 'Having the Time of His Life' in Prison


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  • 5/76   'Avengers: Endgame' tops 'Star Wars,' breaks previous pre-sale record
    PEOPLE TOPIC NEWS

    'Avengers: Endgame' tops 'Star Wars,' breaks previous pre-sale record originally appeared on goodmorningamerica.com"Avengers: Endgame" tickets went on sale Tuesday and just like Thanos' famous snap, they were gone just like that. But way more than half.Fandango is reporting that "Endgame" has broken its pre-sale records, topping the previous holder, "Star Wars: The Force Awakens."(MORE: New 'Avengers: Endgame' trailer features Captain Marvel, the battle to beat Thanos)Guess the force is strong with Earth's mightiest heroes. ...

    'Avengers: Endgame' tops 'Star Wars,' breaks previous pre-sale record originally appeared on goodmorningamerica.com"Avengers: Endgame" tickets went on sale Tuesday and just like Thanos' famous snap, they were gone just like that. But way more than half.Fandango is reporting that "Endgame" has broken its pre-sale records, topping the previous holder, "Star Wars: The Force Awakens."(MORE: New 'Avengers: Endgame' trailer features Captain Marvel, the battle to beat Thanos)Guess the force is strong with Earth's mightiest heroes. ...


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  • 6/76   Selma Blair reveals she cried with relief at MS diagnosis after being 'not taken seriously' by doctors
    PEOPLE TOPIC NEWS

    The 46-year-old actress is now revealing the agony she went through before receiving a diagnosis of multiple sclerosis (MS) last August.'Ever since my son was born, I was in an MS flare-up and didn't know, and I was giving it everything to seem normal,' Blair told Robin Roberts in an interview that aired Tuesday on 'Good Morning America.' 'And I was self-medicating when he wasn't with me.  Blair recalled that she would get so fatigued prior to her diagnosis that she would need to pull over to take a nap after dropping her son, now 7, off at his school one mile away from their home.  During her interview with 'GMA' at her Los Angeles home, Blair was in an 'exacerbation' of MS, or an attack that causes new symptoms or the worsening of existing symptoms.

    The 46-year-old actress is now revealing the agony she went through before receiving a diagnosis of multiple sclerosis (MS) last August.'Ever since my son was born, I was in an MS flare-up and didn't know, and I was giving it everything to seem normal,' Blair told Robin Roberts in an interview that aired Tuesday on 'Good Morning America.' 'And I was self-medicating when he wasn't with me. Blair recalled that she would get so fatigued prior to her diagnosis that she would need to pull over to take a nap after dropping her son, now 7, off at his school one mile away from their home. During her interview with 'GMA' at her Los Angeles home, Blair was in an 'exacerbation' of MS, or an attack that causes new symptoms or the worsening of existing symptoms.


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  • 7/76   They won't be loved: Maroon 5 play it safe with dullest halftime show of all time
    PEOPLE TOPIC NEWS

    Maroon 5 could have silenced their many haters with a spectacular performance. But they didn’t do that.

    Maroon 5 could have silenced their many haters with a spectacular performance. But they didn’t do that.


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  • 8/76   Does U.S. women's soccer deserve equal pay?
    SPORTS TOPIC NEWS

    Has the U.S. women's soccer team done enough to warrant salaries that match their male counterparts? The 360 gives you all the angles on heavily-debated topics in the news.

    Has the U.S. women's soccer team done enough to warrant salaries that match their male counterparts? The 360 gives you all the angles on heavily-debated topics in the news.


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  • 9/76   After fighting for 9/11 victims, Jon Stewart turns to Warrior Games
    SPORTS TOPIC NEWS

    The former “Daily Show” host is serving as the host and emcee of this week’s 2019 Department of Defense Warrior Games in Tampa, where about 300 wounded, ill or injured active-duty and veteran military athletes are competing in 14 adaptive sports.

    The former “Daily Show” host is serving as the host and emcee of this week’s 2019 Department of Defense Warrior Games in Tampa, where about 300 wounded, ill or injured active-duty and veteran military athletes are competing in 14 adaptive sports.


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  • 10/76   Kevin Love talks anxiety, depression and the time he thought he was going to die mid-game
    SPORTS TOPIC NEWS

    “Dear Men” explores how men are navigating the evolution of manhood. NBA All-Star Kevin Love’s mental health journey began in a moment of anxiety on the basketball court during a November 2017 game against the Atlanta Hawks.

    “Dear Men” explores how men are navigating the evolution of manhood. NBA All-Star Kevin Love’s mental health journey began in a moment of anxiety on the basketball court during a November 2017 game against the Atlanta Hawks.


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  • 11/76   Is there a crisis with our boys? Expert says they need love, not discipline
    SPORTS TOPIC NEWS

    “Dear Men” explores how men are navigating the evolution of manhood. You can watch the current week's full episode of “Dear Men” every Wednesday at 8 p.m. ET on Roku. So why are young men struggling? So I don’t never hold back my tears when I'm feeling an emotional overload,” he said.

    “Dear Men” explores how men are navigating the evolution of manhood. You can watch the current week's full episode of “Dear Men” every Wednesday at 8 p.m. ET on Roku. So why are young men struggling? So I don’t never hold back my tears when I'm feeling an emotional overload,” he said.


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  • 12/76   Aly Raisman on Larry Nassar assault: Sometimes people forget I'm still coping with it
    SPORTS TOPIC NEWS

    It has been a year since former USA Gymnastics team doctor Larry Nassar was sentenced to 40 to 175 years in prison for abusing more than 150 girls. But Olympic gold medalist Aly Raisman is still coming to terms with the sexual abuse she experienced as a teenager.

    It has been a year since former USA Gymnastics team doctor Larry Nassar was sentenced to 40 to 175 years in prison for abusing more than 150 girls. But Olympic gold medalist Aly Raisman is still coming to terms with the sexual abuse she experienced as a teenager.


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  • 13/76   Aly Raisman on Larry Nassar assault: Sometimes people forget I’m still coping with it
    SPORTS TOPIC NEWS

    Olympic gold medalist Aly Raisman tells the Yahoo News show “Through Her Eyes” that she sometimes finds it difficult to hear the graphic details in the sexual assault stories of others, as she is still coping with her own traumatic experience.

    Olympic gold medalist Aly Raisman tells the Yahoo News show “Through Her Eyes” that she sometimes finds it difficult to hear the graphic details in the sexual assault stories of others, as she is still coping with her own traumatic experience.


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  • 14/76   For the love of the brain: One mother's fight for CTE awareness
    SPORTS TOPIC NEWS

    Karen Kinzle Zegel spends her days working on the Patrick Risha CTE Awareness Foundation website, fielding questions and giving out information on a disease she barely knew existed five years ago – until it took the life of her son, for whom the foundation is named.  Karen remembers, “We were a football family, his dad was a coach, I would cheer and yell and you know, do all the things the football mom does.  At the time, she was unaware of CTE – chronic traumatic encephalopathy, a degenerative brain disease caused by repeated blows to the head – and the role it was playing in Patrick’s life.

    Karen Kinzle Zegel spends her days working on the Patrick Risha CTE Awareness Foundation website, fielding questions and giving out information on a disease she barely knew existed five years ago – until it took the life of her son, for whom the foundation is named. Karen remembers, “We were a football family, his dad was a coach, I would cheer and yell and you know, do all the things the football mom does. At the time, she was unaware of CTE – chronic traumatic encephalopathy, a degenerative brain disease caused by repeated blows to the head – and the role it was playing in Patrick’s life.


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  • 15/76   7 tax scams to watch out for this year

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.


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  • 16/76   Mother Angry After School's Robocall Keeps Mispronouncing Daughter's Name As A Racial Slur

    The daughter's name is Nicarri.

    The daughter's name is Nicarri.


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  • 17/76   Avowed Apple Fan Jeb Bush Realizes His Apple Watch Can Take Phone Calls

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”


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  • 18/76   Social media welcomes Pope Francis to the United States

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday.  As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit.  Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday. As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit. Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.


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  • 19/76   Australia offers climate funding to Pacific islands
    TECHNOLOGY TOPIC NEWS

    Australia on Tuesday announced a Aus$500 million ($340 million) climate change package for Pacific island countries, which have been increasingly vocal in demanding their powerful neighbour curb its carbon emissions.  Prime Minister Scott Morrison said the funding, drawn from Australia's existing international aid budget, would help Pacific island nations invest in renewable energy and climate change resilience.  The climate-sceptic leader made the announcement before travelling to the Pacific Islands Forum (PIF) in Tuvalu, where island nations threatened by rising seas have vowed to put global warming at the top of the agenda.

    Australia on Tuesday announced a Aus$500 million ($340 million) climate change package for Pacific island countries, which have been increasingly vocal in demanding their powerful neighbour curb its carbon emissions. Prime Minister Scott Morrison said the funding, drawn from Australia's existing international aid budget, would help Pacific island nations invest in renewable energy and climate change resilience. The climate-sceptic leader made the announcement before travelling to the Pacific Islands Forum (PIF) in Tuvalu, where island nations threatened by rising seas have vowed to put global warming at the top of the agenda.


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  • 20/76   How to Invest in Car Stocks
    TECHNOLOGY TOPIC NEWS

    Here's what you need to know to find the gems in a fast-changing industry.

    Here's what you need to know to find the gems in a fast-changing industry.


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  • 21/76   How Does Shriram Pistons & Rings Limited (NSE:SHRIPISTON) Affect Your Portfolio Volatility?
    TECHNOLOGY TOPIC NEWS

    If you're interested in Shriram Pistons & Rings Limited (NSE:SHRIPISTON), then you might want to consider its beta (a...

    If you're interested in Shriram Pistons & Rings Limited (NSE:SHRIPISTON), then you might want to consider its beta (a...


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  • 22/76   The Billion-Dollar Race to Become China’s Amazon Twitch
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Cameras flashed and fans screamed, as Liu Mou stepped into the spotlight on a sweltering summer evening. In the industrial heartland city of Wuhan, tens of thousands of spectators jam-packed the waterside strip that bore witness to Chairman Mao Zedong’s iconic swims across the Yangtze river half a century ago. In unison, the mob roared “hubby” -- the moniker jokingly assigned to many male celebrities in China -- and Liu, 28, waved back with a smirk. The crowd was mostly men.Their adulation was a testament to Liu’s status -- not as marriage material -- but as one of the brightest stars among China’s gamers. Liu and his fans were on the waterfront for a carnival celebrating the industry, hosted by one of China’s largest game-streaming companies, Douyu. Liu is its biggest celebrity. Every day, he spends at least four hours playing League of Legends and other popular titles, streamed to more than 10 million fans. Here, at the carnival, they were getting a chance to see him in person.For two nights, out of his own pocket, Liu bought dinner for 3,000 of his followers at two nearby restaurants. As he shuttled between tables of noodles and crayfish for selfies, groupies swarmed to pat his rotund belly, and he laughed out loud. It was an endeavor to thank his fans. “I had a hard time taking care of everyone,” he said.The three-day festival raked in about 20 million yuan ($2.9 million) in ticket sales, and it’s all part of the race to create China’s equivalent of Amazon’s Twitch, only bigger and potentially more profitable. Douyu is counting on people like Liu to generate revenue via virtual gifts bestowed by fans, potentially showing tech giants like Facebook Inc. and Amazon.com Inc. a new way to monetize game-streaming beyond advertisement and sponsorship. Liu and Douyu’s fate are also intertwined by the same challenge: to prove their spectacular rise is more than a fad but can withstand competition, cash burn and government censorship. Analysts predict the industry could grow to be a $3 billion business in China.“I choose Douyu because the platform has accumulated a huge base of League of Legends fans,” said Liu, better known by his moniker PDD. “So far our success is built upon each other, and we complement each other.”Twitch, acquired by Amazon for nearly $1 billion in 2014, is the dominant game-streaming platform in the U.S. Yet its absence from China -- due to a government ban -- has given local startups a chance to fight for the world’s largest gaming market. Unlike Twitch, which has multiple revenue streams like subscriptions and ads, Chinese platform operators live and die on virtual gifts from fans.Liu plays exclusively on Douyu, and that partnership is key for the company, which went public in New York in July. Ninety-one percent of Douyu’s revenue came from virtual gifts in the quarter ended March.Liu alone may have contributed as much as 3% of Douyu’s revenue in the second quarter, according to Ke Yan, a Singapore-based analyst with Aequitas Research. He based his analysis on stats from xiaohulu.com, which monitors virtual gift spending across Chinese streaming services. Douyu’s shares gained almost 4% Monday.Liu’s ability to turn his internet addiction into a fortune reflects a shift in values and consumption amid rising wealth in China. As a teenager, Liu disobeyed his parents when he moved to Shanghai to become a professional gamer for one of the world’s most popular games, League of Legends. Back then, he earned a monthly salary of just $200. He lied to his parents that he was getting as much as $440,000 a year. Plain steamed buns were his go-to food. KFC was a luxury.It didn’t take long for him to establish a name in the professional gaming world. By putting in more than 15 hours a day for training, he became captain of Invictus Gaming, one of China’s top esports clubs, which won the country its first League of Legends world championship last year. After he retired in 2014, Liu began to stream his gaming sessions full-time on various platforms. Now he lives in a 300-square-meter (about 3200 square feet) downtown apartment, where he broadcasts at least four hours a day to his 10 million Douyu subscribers. One of his few regrets is treating himself to a white Ferrari, as he almost never goes out.Over the years Liu built a laid-back, wacky persona. When his avatar dies, he yells, “I got cracked open,” a phrase that spawned a world of memes. One time he got so excited for unearthing a rare virtual weapon that he fell off his chair. Another time he spilled water all over his trousers but had no time to change in the middle of a game. “Leak! We have a leak!” Liu cried out to his girlfriend.Liu’s fans lavish him with virtual fish balls and rockets, ranging from a few pennies to $300 per item. Hardcore devotees like Sun Yi, 22, traveled 24 hours on a train from his village to join the meetup at one of the crayfish restaurants. Wang Jie, a 20-year-old college student, spent months saving up for a plane ticket to Wuhan after watching Liu play League of Legends every night for years. She remembers exactly the moment Liu added her on instant messaging service WeChat -- at 2:19 a.m. sharp -- she was so excited she had to take laps around a soccer field to calm herself down.Neither were disappointed. At Douyu’s festival they mingled with thousands, many dressed as elves and warriors -- popular gaming avatars -- and sauntered down the 1.5 kilometer-long river-side park. On stage, streamers battled away sitting in Tron-like LED lit boxes, while their hack and slash feats were projected onto two giant screens.Twitch’s ex biggest star, Fortnite gamer Tyler “Ninja” Blevins, has said he earns almost $7 million a year through paid subscribers on the platform alone. Liu might well rival that. Platforms like Douyu pay top gamers like Liu at least $4 million a year to retain them exclusively, says Liu. He also redeems money from virtual gifts from followers, after giving Douyu half the cut.Liu’s Star Quality by The NumbersThe battle to be the biggest game-streaming platform is costly. The cash burn on marketing and retaining top performers has caused investors to question the business model. Douyu’s arch nemesis, Huya, is trading at only half of its June peak last year.That doesn’t bode well for Douyu. Despite having a larger user base and more top performers, Douyu lags behind Huya on margin and revenue.“Notwithstanding Douyu’s strong first quarter performance, Huya is simply a better business,” said Arun George, a London-based analyst at Global Equity Research. “Huya’s higher monetization is likely due to its apps, which enable users to more easily search and discover content that resonates with their personal tastes.”Huya declined to make executives available for an interview.The cutthroat competition has edged out smaller players, including Panda TV, Liu’s previous employer. Its downfall has made way for Tencent Holdings Ltd. to dominate game streaming in China.The social media giant has its own esports site, called eGame, in addition to backing Douyu and Huya. It owns a 37.2% stake in Douyu and 34.6% in Huya. Tencent didn’t respond to requests for comment.Chen Shaojie, 35, founded Douyu five years ago inspired by Twitch’s success. He says the company’s advantage over Huya is its bigger user base and wider game offerings, which in time will help it generate more revenue.“Top streamers are extremely valuable for us,” said Chen, who owns a 13.3% stake in Douyu. “After we’re public, we’ll become more experienced with monetization.”As a public company Douyu will also come under more scrutiny. Streamers often need to spend their own money to buy fan support -- a common industry practice that calls to question whether company revenue is inflated. Soon after Douyu signed on Liu in March, he spent nearly 20 million yuan to buy himself votes during Douyu’s annual online idol competition. Half of that money goes to Douyu, and the other half returns to Liu’s pocket. Douyu’s CEO confirmed this.“These ‘fake’ votes will be still counted as revenue as, under accounting standards, the streamer will be considered a paying customer,” said Global Equity Research’s George. “Douyu’s focus on top streamers makes it more susceptible to this issue compared to Huya.”Censorship is always another concern. Accounts with millions of followers can get wiped in a day if regulators deem what they post improper. Last year, a top performer got banned because she made fun of Japan’s invasion of China.Liu learned from their mistakes. He stopped smoking on camera and even donated two million yuan to a school in one of China’s poorest counties. “Your personality and what you say and do, can have a huge influence on fans,” Liu said. “You have to be careful about a lot of stuff.”Companies like Douyu deploy armies of censors to police virtual content that falls afoul of Beijing. There’s no tolerance for the slightest political satire. No potential risk is too small: Douyu originally planned to throw this year’s carnival at the end of May, but postponed the event for two weeks because authorities were wary of public gatherings around the 30th anniversary of the Tiananmen Square crackdown, according to Douyu organizers who asked not to be named to discuss sensitive matters. Douyu’s CEO said the delay was due to road construction near the venue, citing a previous company statement.Liu is aware that he won’t be this famous forever. Millions of streamers on Douyu’s platform toil more than four hours a day on the platform, and the rise of a new star player could mean less income for Liu.So he’s planning for the future. Last August, Liu opened a training camp, which grooms about two dozen teenagers for top games like League of Legends and PlayerUnknown’s Battlegrounds. He earns money when esports clubs sign on his proteges. Earlier this year, Liu also led a 125 million yuan funding round for a talent agency called Elephant Entertainment, which recruits and promotes thousands of streamers. In April, it garnered a 1 billion yuan valuation and the backing of Tencent.Douyu’s founder is also looking for a second act. China’s game streaming industry has been experiencing a slowdown in growth, partly due to the rise of short video apps like ByteDance’s Douyin, the domestic version of TikTok.At Douyu’s headquarters in Wuhan’s Optics Valley tech hub, a pair of Siamese fighting fish swim in the tank near the front desk. The popular aquarium species, known for being aggressive and territorial, is a reminder of competition and where the startup get its name from. Douyu literally means “fighting fish.”“One tank cannot house two fish,” a sign reminds visitors.(Updates with Douyu’s share price in the 8th paragraph.)To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Emily Biuso, Lulu Yilun ChenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Cameras flashed and fans screamed, as Liu Mou stepped into the spotlight on a sweltering summer evening. In the industrial heartland city of Wuhan, tens of thousands of spectators jam-packed the waterside strip that bore witness to Chairman Mao Zedong’s iconic swims across the Yangtze river half a century ago. In unison, the mob roared “hubby” -- the moniker jokingly assigned to many male celebrities in China -- and Liu, 28, waved back with a smirk. The crowd was mostly men.Their adulation was a testament to Liu’s status -- not as marriage material -- but as one of the brightest stars among China’s gamers. Liu and his fans were on the waterfront for a carnival celebrating the industry, hosted by one of China’s largest game-streaming companies, Douyu. Liu is its biggest celebrity. Every day, he spends at least four hours playing League of Legends and other popular titles, streamed to more than 10 million fans. Here, at the carnival, they were getting a chance to see him in person.For two nights, out of his own pocket, Liu bought dinner for 3,000 of his followers at two nearby restaurants. As he shuttled between tables of noodles and crayfish for selfies, groupies swarmed to pat his rotund belly, and he laughed out loud. It was an endeavor to thank his fans. “I had a hard time taking care of everyone,” he said.The three-day festival raked in about 20 million yuan ($2.9 million) in ticket sales, and it’s all part of the race to create China’s equivalent of Amazon’s Twitch, only bigger and potentially more profitable. Douyu is counting on people like Liu to generate revenue via virtual gifts bestowed by fans, potentially showing tech giants like Facebook Inc. and Amazon.com Inc. a new way to monetize game-streaming beyond advertisement and sponsorship. Liu and Douyu’s fate are also intertwined by the same challenge: to prove their spectacular rise is more than a fad but can withstand competition, cash burn and government censorship. Analysts predict the industry could grow to be a $3 billion business in China.“I choose Douyu because the platform has accumulated a huge base of League of Legends fans,” said Liu, better known by his moniker PDD. “So far our success is built upon each other, and we complement each other.”Twitch, acquired by Amazon for nearly $1 billion in 2014, is the dominant game-streaming platform in the U.S. Yet its absence from China -- due to a government ban -- has given local startups a chance to fight for the world’s largest gaming market. Unlike Twitch, which has multiple revenue streams like subscriptions and ads, Chinese platform operators live and die on virtual gifts from fans.Liu plays exclusively on Douyu, and that partnership is key for the company, which went public in New York in July. Ninety-one percent of Douyu’s revenue came from virtual gifts in the quarter ended March.Liu alone may have contributed as much as 3% of Douyu’s revenue in the second quarter, according to Ke Yan, a Singapore-based analyst with Aequitas Research. He based his analysis on stats from xiaohulu.com, which monitors virtual gift spending across Chinese streaming services. Douyu’s shares gained almost 4% Monday.Liu’s ability to turn his internet addiction into a fortune reflects a shift in values and consumption amid rising wealth in China. As a teenager, Liu disobeyed his parents when he moved to Shanghai to become a professional gamer for one of the world’s most popular games, League of Legends. Back then, he earned a monthly salary of just $200. He lied to his parents that he was getting as much as $440,000 a year. Plain steamed buns were his go-to food. KFC was a luxury.It didn’t take long for him to establish a name in the professional gaming world. By putting in more than 15 hours a day for training, he became captain of Invictus Gaming, one of China’s top esports clubs, which won the country its first League of Legends world championship last year. After he retired in 2014, Liu began to stream his gaming sessions full-time on various platforms. Now he lives in a 300-square-meter (about 3200 square feet) downtown apartment, where he broadcasts at least four hours a day to his 10 million Douyu subscribers. One of his few regrets is treating himself to a white Ferrari, as he almost never goes out.Over the years Liu built a laid-back, wacky persona. When his avatar dies, he yells, “I got cracked open,” a phrase that spawned a world of memes. One time he got so excited for unearthing a rare virtual weapon that he fell off his chair. Another time he spilled water all over his trousers but had no time to change in the middle of a game. “Leak! We have a leak!” Liu cried out to his girlfriend.Liu’s fans lavish him with virtual fish balls and rockets, ranging from a few pennies to $300 per item. Hardcore devotees like Sun Yi, 22, traveled 24 hours on a train from his village to join the meetup at one of the crayfish restaurants. Wang Jie, a 20-year-old college student, spent months saving up for a plane ticket to Wuhan after watching Liu play League of Legends every night for years. She remembers exactly the moment Liu added her on instant messaging service WeChat -- at 2:19 a.m. sharp -- she was so excited she had to take laps around a soccer field to calm herself down.Neither were disappointed. At Douyu’s festival they mingled with thousands, many dressed as elves and warriors -- popular gaming avatars -- and sauntered down the 1.5 kilometer-long river-side park. On stage, streamers battled away sitting in Tron-like LED lit boxes, while their hack and slash feats were projected onto two giant screens.Twitch’s ex biggest star, Fortnite gamer Tyler “Ninja” Blevins, has said he earns almost $7 million a year through paid subscribers on the platform alone. Liu might well rival that. Platforms like Douyu pay top gamers like Liu at least $4 million a year to retain them exclusively, says Liu. He also redeems money from virtual gifts from followers, after giving Douyu half the cut.Liu’s Star Quality by The NumbersThe battle to be the biggest game-streaming platform is costly. The cash burn on marketing and retaining top performers has caused investors to question the business model. Douyu’s arch nemesis, Huya, is trading at only half of its June peak last year.That doesn’t bode well for Douyu. Despite having a larger user base and more top performers, Douyu lags behind Huya on margin and revenue.“Notwithstanding Douyu’s strong first quarter performance, Huya is simply a better business,” said Arun George, a London-based analyst at Global Equity Research. “Huya’s higher monetization is likely due to its apps, which enable users to more easily search and discover content that resonates with their personal tastes.”Huya declined to make executives available for an interview.The cutthroat competition has edged out smaller players, including Panda TV, Liu’s previous employer. Its downfall has made way for Tencent Holdings Ltd. to dominate game streaming in China.The social media giant has its own esports site, called eGame, in addition to backing Douyu and Huya. It owns a 37.2% stake in Douyu and 34.6% in Huya. Tencent didn’t respond to requests for comment.Chen Shaojie, 35, founded Douyu five years ago inspired by Twitch’s success. He says the company’s advantage over Huya is its bigger user base and wider game offerings, which in time will help it generate more revenue.“Top streamers are extremely valuable for us,” said Chen, who owns a 13.3% stake in Douyu. “After we’re public, we’ll become more experienced with monetization.”As a public company Douyu will also come under more scrutiny. Streamers often need to spend their own money to buy fan support -- a common industry practice that calls to question whether company revenue is inflated. Soon after Douyu signed on Liu in March, he spent nearly 20 million yuan to buy himself votes during Douyu’s annual online idol competition. Half of that money goes to Douyu, and the other half returns to Liu’s pocket. Douyu’s CEO confirmed this.“These ‘fake’ votes will be still counted as revenue as, under accounting standards, the streamer will be considered a paying customer,” said Global Equity Research’s George. “Douyu’s focus on top streamers makes it more susceptible to this issue compared to Huya.”Censorship is always another concern. Accounts with millions of followers can get wiped in a day if regulators deem what they post improper. Last year, a top performer got banned because she made fun of Japan’s invasion of China.Liu learned from their mistakes. He stopped smoking on camera and even donated two million yuan to a school in one of China’s poorest counties. “Your personality and what you say and do, can have a huge influence on fans,” Liu said. “You have to be careful about a lot of stuff.”Companies like Douyu deploy armies of censors to police virtual content that falls afoul of Beijing. There’s no tolerance for the slightest political satire. No potential risk is too small: Douyu originally planned to throw this year’s carnival at the end of May, but postponed the event for two weeks because authorities were wary of public gatherings around the 30th anniversary of the Tiananmen Square crackdown, according to Douyu organizers who asked not to be named to discuss sensitive matters. Douyu’s CEO said the delay was due to road construction near the venue, citing a previous company statement.Liu is aware that he won’t be this famous forever. Millions of streamers on Douyu’s platform toil more than four hours a day on the platform, and the rise of a new star player could mean less income for Liu.So he’s planning for the future. Last August, Liu opened a training camp, which grooms about two dozen teenagers for top games like League of Legends and PlayerUnknown’s Battlegrounds. He earns money when esports clubs sign on his proteges. Earlier this year, Liu also led a 125 million yuan funding round for a talent agency called Elephant Entertainment, which recruits and promotes thousands of streamers. In April, it garnered a 1 billion yuan valuation and the backing of Tencent.Douyu’s founder is also looking for a second act. China’s game streaming industry has been experiencing a slowdown in growth, partly due to the rise of short video apps like ByteDance’s Douyin, the domestic version of TikTok.At Douyu’s headquarters in Wuhan’s Optics Valley tech hub, a pair of Siamese fighting fish swim in the tank near the front desk. The popular aquarium species, known for being aggressive and territorial, is a reminder of competition and where the startup get its name from. Douyu literally means “fighting fish.”“One tank cannot house two fish,” a sign reminds visitors.(Updates with Douyu’s share price in the 8th paragraph.)To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Emily Biuso, Lulu Yilun ChenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 23/76   TCI Express Limited (NSE:TCIEXP) Delivered A Better ROE Than Its Industry
    TECHNOLOGY TOPIC NEWS

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...


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  • 24/76   Do Directors Own Man Shing Global Holdings Limited (HKG:8309) Shares?
    TECHNOLOGY TOPIC NEWS

    A look at the shareholders of Man Shing Global Holdings Limited (HKG:8309) can tell us which group is most powerful...

    A look at the shareholders of Man Shing Global Holdings Limited (HKG:8309) can tell us which group is most powerful...


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  • 25/76   Should You Be Tempted To Sell Telechoice International Limited (SGX:T41) Because Of Its P/E Ratio?
    TECHNOLOGY TOPIC NEWS

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...


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  • 26/76   NRA Wins First Round Over L.A. Law It Says Is About Shaming
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- A federal judge in Los Angeles rejected the city’s request to throw out a National Rifle Association lawsuit challenging a new law that requires contractors to disclose all business ties to the organization.The NRA says the law violates its First Amendment rights to free speech and association by discriminating against the group over its viewpoints and trying to freeze out its corporate supporters.U.S. District Judge Stephen Wilson on Monday rejected the city’s argument that contractors’ involvement with the NRA -- such as offering discounts -- isn’t “expressive” within the meaning of the First Amendment.“That is rejected,” Wilson, an appointee of former President Ronald Reagan, said at a hearing on the city’s request. “It is expressive, so there is a First Amendment issue.”The judge is still considering an NRA request for an order blocking the ordinance while it pursues its lawsuit to nullify the measure. He set another hearing for Sept. 9.Read more on the dispute hereThe NRA’s lawyer, Sean Brady, told Wilson that the Los Angeles ordinance is aimed at discouraging companies from partnering with the organization by putting their city contracts at risk -- even if the law itself has more benign language.“The government cannot curtail support for an organization because of its speech,” he said. The city wants to subject NRA supporters “to ridicule and boycott,” he said.Wilson noted several city council members had said during debates on the law, and on Twitter, that they disagreed with the NRA’s mission and its influence.That could be seen as contradicting the city’s claim that the law is merely intended to increase transparency about contractors doing business with the NRA.“They don’t like the NRA,” Wilson said. “That ought to be considered.”He questioned why the city needed the information, comparing it to the government demanding that contractors reveal if they spent their money on a Cadillac or a Porsche. “Why does the city want to know that?” he asked.Benjamin Chapman, the city’s lawyer, compared the ordinance to a sunshine law, saying it was about transparency.He repeatedly challenged the NRA’s claim that the law essentially was a backdoor attempt to see the organization’s membership list. He said several companies had already revealed their NRA deals to the city under the law, including a major law firm and a national telecommunications company, and said the city hadn’t canceled its contracts with them.Contracts “are not integral to expression,” Chapman said.(Michael R. Bloomberg, founder of Bloomberg News parent Bloomberg LP, is a donor to candidates and groups that support gun control, including Everytown for Gun Safety.)(Updates with details from court hearing.)To contact the reporter on this story: Erik Larson in Los Angeles at elarson4@bloomberg.netTo contact the editors responsible for this story: David Glovin at dglovin@bloomberg.net, Joe Schneider, Peter BlumbergFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- A federal judge in Los Angeles rejected the city’s request to throw out a National Rifle Association lawsuit challenging a new law that requires contractors to disclose all business ties to the organization.The NRA says the law violates its First Amendment rights to free speech and association by discriminating against the group over its viewpoints and trying to freeze out its corporate supporters.U.S. District Judge Stephen Wilson on Monday rejected the city’s argument that contractors’ involvement with the NRA -- such as offering discounts -- isn’t “expressive” within the meaning of the First Amendment.“That is rejected,” Wilson, an appointee of former President Ronald Reagan, said at a hearing on the city’s request. “It is expressive, so there is a First Amendment issue.”The judge is still considering an NRA request for an order blocking the ordinance while it pursues its lawsuit to nullify the measure. He set another hearing for Sept. 9.Read more on the dispute hereThe NRA’s lawyer, Sean Brady, told Wilson that the Los Angeles ordinance is aimed at discouraging companies from partnering with the organization by putting their city contracts at risk -- even if the law itself has more benign language.“The government cannot curtail support for an organization because of its speech,” he said. The city wants to subject NRA supporters “to ridicule and boycott,” he said.Wilson noted several city council members had said during debates on the law, and on Twitter, that they disagreed with the NRA’s mission and its influence.That could be seen as contradicting the city’s claim that the law is merely intended to increase transparency about contractors doing business with the NRA.“They don’t like the NRA,” Wilson said. “That ought to be considered.”He questioned why the city needed the information, comparing it to the government demanding that contractors reveal if they spent their money on a Cadillac or a Porsche. “Why does the city want to know that?” he asked.Benjamin Chapman, the city’s lawyer, compared the ordinance to a sunshine law, saying it was about transparency.He repeatedly challenged the NRA’s claim that the law essentially was a backdoor attempt to see the organization’s membership list. He said several companies had already revealed their NRA deals to the city under the law, including a major law firm and a national telecommunications company, and said the city hadn’t canceled its contracts with them.Contracts “are not integral to expression,” Chapman said.(Michael R. Bloomberg, founder of Bloomberg News parent Bloomberg LP, is a donor to candidates and groups that support gun control, including Everytown for Gun Safety.)(Updates with details from court hearing.)To contact the reporter on this story: Erik Larson in Los Angeles at elarson4@bloomberg.netTo contact the editors responsible for this story: David Glovin at dglovin@bloomberg.net, Joe Schneider, Peter BlumbergFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 27/76   We Think Shenguan Holdings (Group) (HKG:829) Can Manage Its Debt With Ease
    TECHNOLOGY TOPIC NEWS

    Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

    Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...


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  • 28/76   What Kind Of Shareholder Owns Most Hopefluent Group Holdings Limited (HKG:733) Stock?
    TECHNOLOGY TOPIC NEWS

    Every investor in Hopefluent Group Holdings Limited (HKG:733) should be aware of the most powerful shareholder groups...

    Every investor in Hopefluent Group Holdings Limited (HKG:733) should be aware of the most powerful shareholder groups...


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  • 29/76   Amid Swirling Competitive Concerns, 1 Bullish Sign for Netflix
    TECHNOLOGY TOPIC NEWS

    Netflix director Brad Smith just made the best kind of insider buy.

    Netflix director Brad Smith just made the best kind of insider buy.


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  • 30/76   India sees once-off-limits Kashmir as investment frontier
    TECHNOLOGY TOPIC NEWS

    Indian authorities have characterized their surprise move to strip Jammu and Kashmir's special constitutional status as freeing the disputed Himalayan territory from the bonds that kept it from realizing its economic potential.  The region already outperforms India on measures such as life expectancy, literacy and poverty, and its economy has been growing steadily this decade, despite frequent skirmishes between militants and security forces that have temporarily halted commercial activity.  Where the restive region has fallen behind other Indian states is with private investment, and Prime Minister Narendra Modi and other leaders of his Hindu nationalist government have made it clear that at least one of their goals in asserting more control over Kashmir is in making it a new frontier for growth as India's overall economy experiences a slowdown.

    Indian authorities have characterized their surprise move to strip Jammu and Kashmir's special constitutional status as freeing the disputed Himalayan territory from the bonds that kept it from realizing its economic potential. The region already outperforms India on measures such as life expectancy, literacy and poverty, and its economy has been growing steadily this decade, despite frequent skirmishes between militants and security forces that have temporarily halted commercial activity. Where the restive region has fallen behind other Indian states is with private investment, and Prime Minister Narendra Modi and other leaders of his Hindu nationalist government have made it clear that at least one of their goals in asserting more control over Kashmir is in making it a new frontier for growth as India's overall economy experiences a slowdown.


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  • 31/76   Hotpot Stock That's Up 75% Still Has Room to Run, Analysts Say
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- China’s largest hotpot chain is whetting the appetite of investors as well as diners.Haidilao International Holding Ltd., one of the largest additions to the MSCI Emerging Markets Index by market capitalization, has surged 75% since its Hong Kong listing last September while the Hang Sang Index slipped 7.2% in the same period. Analysts believe there’s still steam left in this rally: the 12-month consensus target price of HK$33 ($4.21) is 6% above the stock’s current level.The Sichuan-based firm is the market leader in hotpot in China, a segment that accounts for almost 14% of the country’s $21 billion restaurant scene, according to data from Frost & Sullivan. Its lack of listed rivals -- there’s only one other hotpot stock, Xiabuxiabu -- has added to its lure, prompting comparisons with Kweichow Moutai Co., the world’s most profitable distiller whose fiery drink is coveted and hard to procure.The projected rapid growth of hotpot in China is also expected to benefit Haidilao by shoring up its front-runner status, said analysts. Frost & Sullivan projects hotpot chains to grow 10.2% by 2022 to reach revenue of over 700 billion yuan ($99 billion), outpacing the restaurant industry as a whole.“The hotpot market in China is still extremely fragmented,” Arnold Tam, Hong Kong-based analyst at Bright Smart Securities, said in an email. “Haidilao’s market share is expected to rise as the industry evolves towards strengthening the strongest players.”While the Chinese economy is growing at its slowest pace in three decades and consumer confidence is waning, the food industry is still relatively insulated. Amid a sluggish world economy and geopolitical uncertainty, Haidilao’s revenue is projected to grow 60% this year and 40% next year, according to analyst estimates compiled by Bloomberg.Customers are willing to queue for hours to get a table at one of its over 500 outlets in China, encouraged by the chain’s provision of perks like free manicures, shoulder massages and dance performances. It also runs a delivery service that sends a pot, an induction cooker and fresh food to customers at home.The restaurant chain’s revenue nearly tripled in the past three years to 17 billion yuan ($2.4 billion) in 2018, while profit climbed over 500% to 1.7 billion yuan in the same period, according to data compiled by Bloomberg.In comparison, revenue at Xiabuxiabu Catering Management China Holdings Co. -- the other Chinese hotpot stock -- has doubled over the same period while profit rose 63%.Haidilao purchases most of its food supplies and seasonings from affiliated companies, which demonstrates a strong control over its supply chain, China Securities Finance Corp Ltd. analysts led by Yanqing He wrote in a note last month. It has also managed to lower employee turnover through its incentive system, which includes paying out up to 2.8% of a restaurant’s profit to store managers.Its fortunes were also helped by a food safety scandal at rival Xiabuxiabu in September last year, when a Shandong province customer allegedly found a rat in a hotpot, causing shares to fall. Xiabuxiabu had contested that allegation after an internal preliminary probe.Haidilao is also expanding overseas. In April, it opened a London outlet, bringing its tally of stores outside China to 46.Still, the enthusiasm around its stock has made it increasingly expensive. It’s trading at around 56 times projected earnings for the next 12 months, while Xiabuxiabu is at 18 times. Guangzhou Restaurant Group, a Cantonese restaurant chain operator, trades at 27.6 times.“At this expensive level, it’s easier for the stock to fall than to rise,” said Ruoyu Wen, Beijing HeirCastle Asset Management analyst.To contact Bloomberg News staff for this story: Jin Ye in Shanghai at jye141@bloomberg.net;Ludi Wang in Shanghai at lwang191@bloomberg.netTo contact the editors responsible for this story: Charlie Zhu at qzhu46@bloomberg.net, Bhuma Shrivastava, Rachel ChangFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- China’s largest hotpot chain is whetting the appetite of investors as well as diners.Haidilao International Holding Ltd., one of the largest additions to the MSCI Emerging Markets Index by market capitalization, has surged 75% since its Hong Kong listing last September while the Hang Sang Index slipped 7.2% in the same period. Analysts believe there’s still steam left in this rally: the 12-month consensus target price of HK$33 ($4.21) is 6% above the stock’s current level.The Sichuan-based firm is the market leader in hotpot in China, a segment that accounts for almost 14% of the country’s $21 billion restaurant scene, according to data from Frost & Sullivan. Its lack of listed rivals -- there’s only one other hotpot stock, Xiabuxiabu -- has added to its lure, prompting comparisons with Kweichow Moutai Co., the world’s most profitable distiller whose fiery drink is coveted and hard to procure.The projected rapid growth of hotpot in China is also expected to benefit Haidilao by shoring up its front-runner status, said analysts. Frost & Sullivan projects hotpot chains to grow 10.2% by 2022 to reach revenue of over 700 billion yuan ($99 billion), outpacing the restaurant industry as a whole.“The hotpot market in China is still extremely fragmented,” Arnold Tam, Hong Kong-based analyst at Bright Smart Securities, said in an email. “Haidilao’s market share is expected to rise as the industry evolves towards strengthening the strongest players.”While the Chinese economy is growing at its slowest pace in three decades and consumer confidence is waning, the food industry is still relatively insulated. Amid a sluggish world economy and geopolitical uncertainty, Haidilao’s revenue is projected to grow 60% this year and 40% next year, according to analyst estimates compiled by Bloomberg.Customers are willing to queue for hours to get a table at one of its over 500 outlets in China, encouraged by the chain’s provision of perks like free manicures, shoulder massages and dance performances. It also runs a delivery service that sends a pot, an induction cooker and fresh food to customers at home.The restaurant chain’s revenue nearly tripled in the past three years to 17 billion yuan ($2.4 billion) in 2018, while profit climbed over 500% to 1.7 billion yuan in the same period, according to data compiled by Bloomberg.In comparison, revenue at Xiabuxiabu Catering Management China Holdings Co. -- the other Chinese hotpot stock -- has doubled over the same period while profit rose 63%.Haidilao purchases most of its food supplies and seasonings from affiliated companies, which demonstrates a strong control over its supply chain, China Securities Finance Corp Ltd. analysts led by Yanqing He wrote in a note last month. It has also managed to lower employee turnover through its incentive system, which includes paying out up to 2.8% of a restaurant’s profit to store managers.Its fortunes were also helped by a food safety scandal at rival Xiabuxiabu in September last year, when a Shandong province customer allegedly found a rat in a hotpot, causing shares to fall. Xiabuxiabu had contested that allegation after an internal preliminary probe.Haidilao is also expanding overseas. In April, it opened a London outlet, bringing its tally of stores outside China to 46.Still, the enthusiasm around its stock has made it increasingly expensive. It’s trading at around 56 times projected earnings for the next 12 months, while Xiabuxiabu is at 18 times. Guangzhou Restaurant Group, a Cantonese restaurant chain operator, trades at 27.6 times.“At this expensive level, it’s easier for the stock to fall than to rise,” said Ruoyu Wen, Beijing HeirCastle Asset Management analyst.To contact Bloomberg News staff for this story: Jin Ye in Shanghai at jye141@bloomberg.net;Ludi Wang in Shanghai at lwang191@bloomberg.netTo contact the editors responsible for this story: Charlie Zhu at qzhu46@bloomberg.net, Bhuma Shrivastava, Rachel ChangFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 32/76   Is Beijing Capital International Airport Company Limited (HKG:694) Potentially Undervalued?
    TECHNOLOGY TOPIC NEWS

    Beijing Capital International Airport Company Limited (HKG:694), which is in the infrastructure business, and is based...

    Beijing Capital International Airport Company Limited (HKG:694), which is in the infrastructure business, and is based...


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  • 33/76   Dongwu Cement International Limited (HKG:695) Earns A Nice Return On Capital Employed
    TECHNOLOGY TOPIC NEWS

    Today we'll evaluate Dongwu Cement International Limited (HKG:695) to determine whether it could have potential as an...

    Today we'll evaluate Dongwu Cement International Limited (HKG:695) to determine whether it could have potential as an...


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  • 34/76   Introducing Cera Sanitaryware (NSE:CERA), A Stock That Climbed 54% In The Last Five Years
    TECHNOLOGY TOPIC NEWS

    Cera Sanitaryware Limited (NSE:CERA) shareholders have seen the share price descend 11% over the month. But that...

    Cera Sanitaryware Limited (NSE:CERA) shareholders have seen the share price descend 11% over the month. But that...


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  • 35/76   Singapore Cuts Growth Outlook to Near Zero as Trade War Hits
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Singapore’s government revised down its forecast for economic growth this year to almost zero amid an escalating trade war and global downturn.The city state’s economy is seen growing 0.0%-1.0% this year, down from a previous projection of 1.5%-2.5%, the Ministry of Trade and Industry said in a statement Tuesday, with growth expected to come in near the midpoint of the range. The revision was announced alongside final second-quarter growth figures that showed gross domestic product contracting an annualized 3.3% from the first three months of the year, slightly better than the previous estimate of a 3.4% contraction. Compared to a year ago, the economy expanded 0.1% in the second quarter, unchanged from the government’s previous estimate. The median estimates in a Bloomberg survey of economists was for 3.0% contraction on-quarter and 0.2% growth compared to a year ago.“Against this challenging external macroeconomic backdrop, and the deepening downturn in the global electronics cycle, the Singapore economy is likely to continue to face strong headwinds for the rest of the year,” the ministry said in a statement Tuesday.Outlook DarkeningSingapore’s outlook has darkened considerably in recent months as the U.S. and China, the city state’s two biggest trading partners, continue to spar over trade. That’s raised the prospect of a recession in Singapore and possible job losses.The Monetary Authority of Singapore said monetary policy remains unchanged and it’s not considering holding an off-cycle policy meeting, Edward Robinson, MAS deputy managing director for economic policy, said in a briefing. Prime Minister Lee Hsien Loong said in his National Day message last week that Singapore is feeling the pains of the trade war, and the government is willing to stimulate the economy if needed.“Singapore looks to be going into full-brace mode. It’s a very sobering realization that growth is going to be a lot lower going forward; they’re looking at sub-1% at this stage,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. “If the outlook for trade is going to be a lot gloomier -- along with oil taking a hit and issues in the tech sector -- any upside in volatility will be bad for Singapore.”Exports TankExports plunged in June to their second-worst rate since the global financial crisis a decade ago. The purchasing managers index shrank in May for the first time since 2016 and has now shown contraction for three straight months, pressured by an ailing electronics sector.Other data Tuesday from Enterprise Singapore showed non-oil domestic exports shrank 14.6% in the second quarter from the year-earlier period as shipments of both electronic and non-electronic products declined.Here are more details from Singapore’s GDP report:The services sector contracted an annualized 2.0% in the second quarter from the previous three months. Construction shrank 5.5% and manufacturing fell 3.4%Wholesale and retail trade dropped 7.9%Finance and insurance grew 7.6%Transportation and storage expanded 6.5%(Adds MAS comment in seventh paragraph, analyst quote in ninth paragraph.)\--With assistance from Ruth Carson.To contact the reporters on this story: Michelle Jamrisko in Singapore at mjamrisko@bloomberg.net;Joanna Ossinger in Singapore at jossinger@bloomberg.netTo contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, ;Joyce Koh at jkoh38@bloomberg.net, Michael S. ArnoldFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Singapore’s government revised down its forecast for economic growth this year to almost zero amid an escalating trade war and global downturn.The city state’s economy is seen growing 0.0%-1.0% this year, down from a previous projection of 1.5%-2.5%, the Ministry of Trade and Industry said in a statement Tuesday, with growth expected to come in near the midpoint of the range. The revision was announced alongside final second-quarter growth figures that showed gross domestic product contracting an annualized 3.3% from the first three months of the year, slightly better than the previous estimate of a 3.4% contraction. Compared to a year ago, the economy expanded 0.1% in the second quarter, unchanged from the government’s previous estimate. The median estimates in a Bloomberg survey of economists was for 3.0% contraction on-quarter and 0.2% growth compared to a year ago.“Against this challenging external macroeconomic backdrop, and the deepening downturn in the global electronics cycle, the Singapore economy is likely to continue to face strong headwinds for the rest of the year,” the ministry said in a statement Tuesday.Outlook DarkeningSingapore’s outlook has darkened considerably in recent months as the U.S. and China, the city state’s two biggest trading partners, continue to spar over trade. That’s raised the prospect of a recession in Singapore and possible job losses.The Monetary Authority of Singapore said monetary policy remains unchanged and it’s not considering holding an off-cycle policy meeting, Edward Robinson, MAS deputy managing director for economic policy, said in a briefing. Prime Minister Lee Hsien Loong said in his National Day message last week that Singapore is feeling the pains of the trade war, and the government is willing to stimulate the economy if needed.“Singapore looks to be going into full-brace mode. It’s a very sobering realization that growth is going to be a lot lower going forward; they’re looking at sub-1% at this stage,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. “If the outlook for trade is going to be a lot gloomier -- along with oil taking a hit and issues in the tech sector -- any upside in volatility will be bad for Singapore.”Exports TankExports plunged in June to their second-worst rate since the global financial crisis a decade ago. The purchasing managers index shrank in May for the first time since 2016 and has now shown contraction for three straight months, pressured by an ailing electronics sector.Other data Tuesday from Enterprise Singapore showed non-oil domestic exports shrank 14.6% in the second quarter from the year-earlier period as shipments of both electronic and non-electronic products declined.Here are more details from Singapore’s GDP report:The services sector contracted an annualized 2.0% in the second quarter from the previous three months. Construction shrank 5.5% and manufacturing fell 3.4%Wholesale and retail trade dropped 7.9%Finance and insurance grew 7.6%Transportation and storage expanded 6.5%(Adds MAS comment in seventh paragraph, analyst quote in ninth paragraph.)\--With assistance from Ruth Carson.To contact the reporters on this story: Michelle Jamrisko in Singapore at mjamrisko@bloomberg.net;Joanna Ossinger in Singapore at jossinger@bloomberg.netTo contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, ;Joyce Koh at jkoh38@bloomberg.net, Michael S. ArnoldFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 36/76   Need To Know: Godrej Agrovet Limited (NSE:GODREJAGRO) Insiders Have Been Selling Shares
    TECHNOLOGY TOPIC NEWS

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...


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  • 37/76   A Close Look At Dr. Lal PathLabs Limited’s (NSE:LALPATHLAB) 27% ROCE
    TECHNOLOGY TOPIC NEWS

    Today we are going to look at Dr. Lal PathLabs Limited (NSE:LALPATHLAB) to see whether it might be an attractive...

    Today we are going to look at Dr. Lal PathLabs Limited (NSE:LALPATHLAB) to see whether it might be an attractive...


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  • 38/76   Stock Slide Extends to Asia; Treasuries Steady: Markets Wrap
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Asian stocks followed their U.S. counterparts lower Tuesday as political unrest in Hong Kong and Argentina added to trade concerns and knocked sentiment. Treasury yields steadied after Monday’s slide.Shares fell back in Japan, South Korea and Australia. Hong Kong futures were lower after protesters brought the city’s airport to a standstill on Monday. U.S. contracts ticked higher. Earlier, the S&P 500 Index retreated for a second day and now sits almost 5% below its all-time high. The dollar was flat and the yen little changed.The latest sell-off in risk assets provided another reminder of the fragile mood across markets extending the rocky start to August. Government bond gains show ongoing caution by traders who’ve increased bets for more central bank stimulus in recent weeks, as the U.S. and China escalate their trade war and a slew of global data point to slowing growth.Argentina’s peso and equities sank after voters turned on the president in a primary vote. Corn futures plunged the most since 2013 as more of the grain was planted than analysts had estimated.Elsewhere, oil held steady after Saudi Aramco’s first-half earnings contained no surprises for the market.Here are some key events coming up:Companies releasing results include China’s Tencent, JD.com and Alibaba, Cisco, Brazilian utility Eletrobras, the U.K.’s Prudential, Australia’s Telstra, giant retailer Walmart, Nvidia, Swisscom and the Danish brewer Carlsberg.The U.S. consumer price index, out Tuesday, probably picked up to a 1.7% annual pace in July, according to economist estimates. Core prices, which exclude food and energy, are seen rising 2.1%.Wednesday brings data on China retail sales, industrial production and the jobless rate.Thursday sees the release of U.S. jobless claims, industrial production and retail sales data.These are the main moves in markets:StocksJapan’s Topix Index fell 1.2% as of 9:08 a.m. in Tokyo.Korea’s Kospi Index fell 0.6%.Australia’s S&P/ASX 200 index fell 0.3%.S&P 500 futures rose 0.2%. Earlier, the S&P 500 Index fell 1.2%.CurrenciesThe yen was steady at 105.38 per dollar after rising for fourth day.The offshore yuan was stable at 7.0991 per dollar.Bloomberg Dollar Spot Index was flat.The euro was trading at $1.1214, little changed.BondsThe yield on 10-year Treasuries was steady at 1.65%.Australia’s 10-year yields fell 3 basis points to 0.93%.CommoditiesGold rose 0.1% to $1,512 an ounce.West Texas Intermediate crude fell 0.1% to $54.86 a barrel.\--With assistance from Sarah Ponczek and Olivia Rinaldi.To contact the reporter on this story: Andreea Papuc in Sydney at apapuc1@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Cormac MullenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Asian stocks followed their U.S. counterparts lower Tuesday as political unrest in Hong Kong and Argentina added to trade concerns and knocked sentiment. Treasury yields steadied after Monday’s slide.Shares fell back in Japan, South Korea and Australia. Hong Kong futures were lower after protesters brought the city’s airport to a standstill on Monday. U.S. contracts ticked higher. Earlier, the S&P 500 Index retreated for a second day and now sits almost 5% below its all-time high. The dollar was flat and the yen little changed.The latest sell-off in risk assets provided another reminder of the fragile mood across markets extending the rocky start to August. Government bond gains show ongoing caution by traders who’ve increased bets for more central bank stimulus in recent weeks, as the U.S. and China escalate their trade war and a slew of global data point to slowing growth.Argentina’s peso and equities sank after voters turned on the president in a primary vote. Corn futures plunged the most since 2013 as more of the grain was planted than analysts had estimated.Elsewhere, oil held steady after Saudi Aramco’s first-half earnings contained no surprises for the market.Here are some key events coming up:Companies releasing results include China’s Tencent, JD.com and Alibaba, Cisco, Brazilian utility Eletrobras, the U.K.’s Prudential, Australia’s Telstra, giant retailer Walmart, Nvidia, Swisscom and the Danish brewer Carlsberg.The U.S. consumer price index, out Tuesday, probably picked up to a 1.7% annual pace in July, according to economist estimates. Core prices, which exclude food and energy, are seen rising 2.1%.Wednesday brings data on China retail sales, industrial production and the jobless rate.Thursday sees the release of U.S. jobless claims, industrial production and retail sales data.These are the main moves in markets:StocksJapan’s Topix Index fell 1.2% as of 9:08 a.m. in Tokyo.Korea’s Kospi Index fell 0.6%.Australia’s S&P/ASX 200 index fell 0.3%.S&P 500 futures rose 0.2%. Earlier, the S&P 500 Index fell 1.2%.CurrenciesThe yen was steady at 105.38 per dollar after rising for fourth day.The offshore yuan was stable at 7.0991 per dollar.Bloomberg Dollar Spot Index was flat.The euro was trading at $1.1214, little changed.BondsThe yield on 10-year Treasuries was steady at 1.65%.Australia’s 10-year yields fell 3 basis points to 0.93%.CommoditiesGold rose 0.1% to $1,512 an ounce.West Texas Intermediate crude fell 0.1% to $54.86 a barrel.\--With assistance from Sarah Ponczek and Olivia Rinaldi.To contact the reporter on this story: Andreea Papuc in Sydney at apapuc1@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Cormac MullenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 39/76   Mexico march demands justice for girls allegedly raped by police
    TECHNOLOGY TOPIC NEWS

    Protesters in Mexico City demanded justice Monday for two teenage girls who say police officers raped them, dousing the capital's security minister in pink glitter and smashing the glass doors of the local prosecutor's office.  Shouting 'Justice!', around 250 people, mostly women, took to the streets to protest the lack of punishment in the two cases, the latest to trigger outrage over the high rate of violence against women and girls in Mexico.

    Protesters in Mexico City demanded justice Monday for two teenage girls who say police officers raped them, dousing the capital's security minister in pink glitter and smashing the glass doors of the local prosecutor's office. Shouting 'Justice!', around 250 people, mostly women, took to the streets to protest the lack of punishment in the two cases, the latest to trigger outrage over the high rate of violence against women and girls in Mexico.


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  • 40/76   '#ClintonBodyCount': Trump's sharing of Epstein conspiracy theory draws outrage
    POLITICS TOPIC NEWS

    President Trump drew widespread backlash after sharing a baseless conspiracy theory tying the death of Jeffrey Epstein, a well-connected convicted sex offender, to Bill and Hillary Clinton.

    President Trump drew widespread backlash after sharing a baseless conspiracy theory tying the death of Jeffrey Epstein, a well-connected convicted sex offender, to Bill and Hillary Clinton.


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  • 41/76   Hong Kong flights cancelled as thousands protest at airport after night of violence
    POLITICS TOPIC NEWS

    All flights out of Hong Kong airport were cancelled on Monday after thousands of demonstrators occupied one of the world’s busiest travel hubs, as Beijing denounced the protests as "terrorism". The sudden airport shutdown came as mass demonstrations spilled into a third month, despite rising threats from the authorities. On Monday, Beijing officials gave their third press conference in as many weeks, a rarity for authorities in normal times. “Radical protesters have been frequently using extremely dangerous tools to attack the police in recent days, constituting serious criminal acts with sprouts of terrorism emerging,” said Yang Guang, a spokesperson for the Hong Kong and Macau Affairs Office in Beijing, which reports to China’s cabinet.   Violence escalated significantly between protesters and police over the weekend, as officers shot tear gas into underground subway stations for the first time after mass demonstrations began early June. Police have made more than 600 arrests in recent days. Hong Kong police said 5,000 people were at the airport protest Credit: Vincent Thian /AP Protesters had already occupied the airport for days when more flooded in Monday. Some wore black eye patches, waving signs that read “Hong Kong is not safe,” “Shame on the police,” and “An eye for an eye,” turning out to express their anger after one person thought to have been shot by a beanbag round in her right eye was hospitalised. Stations on the city’s airport express line were filled with confused passengers unable to get to the airport, many of whom were on the phone with family, friends and colleagues to sort backup travel plans, while other visitors disembarked from the train after being turned away at the airport. Hong Kong airport is the world's 8th busiest, with frequent departures to more than 180 cities, and a hub for travel to much of Asia.  Police have ramped up the use of force against protesters in recent weeks Credit: Manan Vatsyayana/AFP Roads leading to the airport were gridlocked yesterday afternoon, and a nearby hotel was flooded with people looking for a last-minute stay. Shocking footage of HongKong riot police charging into a subway station pursuing pro-democracy activists and firing into them at point blank range. I’ve seen police being provoked here but I’m speechless. Carrie Lam says no police inquiry needed they’re investigating themselves. pic.twitter.com/R61BytE6ft— Stephen McDonell (@StephenMcDonell) August 11, 2019 Many of those whose travel was interrupted expressed support for the protestes. “I think China is facing a difficult time. I am glad they haven’t put out tanks yet," said James Campbell, a 26-year-old civil engineer from Sydney en route to Taipei. "I can see where these protesters are coming from.” The protests have brought millions into the streets, plunging the former British colony into its most serious political crisis since being returned to Chinese rule and representing the biggest challenge ever to Xi Jinping’s power as the leader of the Chinese Communist Party. A pro-democracy protester is held by police outside Tsim Sha Tsui Police station during a demonstration  Credit: AFP Demonstrations first began in opposition to a now-suspended extradition bill that would have sent people to face trial in mainland China, where Communist Party control of the courts contributes to a 99.9 per cent conviction rate. Protesters - increasingly angry as police continue to use escalating violence to disperse crowds - have now expanded their demands, calling for wider political reforms including direct leadership elections. Let us admin HK is a police state. Riot police push down peaceful protestor on the escalator of railway station. pic.twitter.com/gycHF8E8Zo— Joshua Wong ??? (@joshuawongcf) August 11, 2019 Despite many mass rallies now ending in violence as night falls with police shooting tear gas, rubber bullets, and foam rounds, broad support has continued to swell and show no signs of splintering.  After all flights were cancelled, protesters and pro-democracy lawmakers began encouraging the crowds to leave out of concern that police might fire tear gas into the airport as dozens of police vans had been spotted en route. Protesters use steels barricades to form a defensive line inside the Quarry bay MTR station Credit: AP But many continued to stay on, peacefully chanting in the arrivals hall, “Liberate Hong Kong!” and approaching arriving visitors with flyers that listed their demands and explaining the political situation.

    All flights out of Hong Kong airport were cancelled on Monday after thousands of demonstrators occupied one of the world’s busiest travel hubs, as Beijing denounced the protests as "terrorism". The sudden airport shutdown came as mass demonstrations spilled into a third month, despite rising threats from the authorities. On Monday, Beijing officials gave their third press conference in as many weeks, a rarity for authorities in normal times. “Radical protesters have been frequently using extremely dangerous tools to attack the police in recent days, constituting serious criminal acts with sprouts of terrorism emerging,” said Yang Guang, a spokesperson for the Hong Kong and Macau Affairs Office in Beijing, which reports to China’s cabinet.   Violence escalated significantly between protesters and police over the weekend, as officers shot tear gas into underground subway stations for the first time after mass demonstrations began early June. Police have made more than 600 arrests in recent days. Hong Kong police said 5,000 people were at the airport protest Credit: Vincent Thian /AP Protesters had already occupied the airport for days when more flooded in Monday. Some wore black eye patches, waving signs that read “Hong Kong is not safe,” “Shame on the police,” and “An eye for an eye,” turning out to express their anger after one person thought to have been shot by a beanbag round in her right eye was hospitalised. Stations on the city’s airport express line were filled with confused passengers unable to get to the airport, many of whom were on the phone with family, friends and colleagues to sort backup travel plans, while other visitors disembarked from the train after being turned away at the airport. Hong Kong airport is the world's 8th busiest, with frequent departures to more than 180 cities, and a hub for travel to much of Asia.  Police have ramped up the use of force against protesters in recent weeks Credit: Manan Vatsyayana/AFP Roads leading to the airport were gridlocked yesterday afternoon, and a nearby hotel was flooded with people looking for a last-minute stay. Shocking footage of HongKong riot police charging into a subway station pursuing pro-democracy activists and firing into them at point blank range. I’ve seen police being provoked here but I’m speechless. Carrie Lam says no police inquiry needed they’re investigating themselves. pic.twitter.com/R61BytE6ft— Stephen McDonell (@StephenMcDonell) August 11, 2019 Many of those whose travel was interrupted expressed support for the protestes. “I think China is facing a difficult time. I am glad they haven’t put out tanks yet," said James Campbell, a 26-year-old civil engineer from Sydney en route to Taipei. "I can see where these protesters are coming from.” The protests have brought millions into the streets, plunging the former British colony into its most serious political crisis since being returned to Chinese rule and representing the biggest challenge ever to Xi Jinping’s power as the leader of the Chinese Communist Party. A pro-democracy protester is held by police outside Tsim Sha Tsui Police station during a demonstration  Credit: AFP Demonstrations first began in opposition to a now-suspended extradition bill that would have sent people to face trial in mainland China, where Communist Party control of the courts contributes to a 99.9 per cent conviction rate. Protesters - increasingly angry as police continue to use escalating violence to disperse crowds - have now expanded their demands, calling for wider political reforms including direct leadership elections. Let us admin HK is a police state. Riot police push down peaceful protestor on the escalator of railway station. pic.twitter.com/gycHF8E8Zo— Joshua Wong ??? (@joshuawongcf) August 11, 2019 Despite many mass rallies now ending in violence as night falls with police shooting tear gas, rubber bullets, and foam rounds, broad support has continued to swell and show no signs of splintering.  After all flights were cancelled, protesters and pro-democracy lawmakers began encouraging the crowds to leave out of concern that police might fire tear gas into the airport as dozens of police vans had been spotted en route. Protesters use steels barricades to form a defensive line inside the Quarry bay MTR station Credit: AP But many continued to stay on, peacefully chanting in the arrivals hall, “Liberate Hong Kong!” and approaching arriving visitors with flyers that listed their demands and explaining the political situation.


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  • 42/76   5 children killed in fire at Pennsylvania day care center
    POLITICS TOPIC NEWS

    A day care center where children could stay overnight as their parents worked was ravaged Sunday by a fire that killed five and sent the owner to the hospital, authorities said.  The victims in the lakeside city of Erie, Pennslyvania, ranged in age from 8 months to 7 years, Chief Guy Santone of the Erie Fire Department said.  At least four of the victims were staying overnight at the residential house that had been turned into a day care center, Erie Chief Fire Inspector John Widomski told the Erie Times-News.

    A day care center where children could stay overnight as their parents worked was ravaged Sunday by a fire that killed five and sent the owner to the hospital, authorities said. The victims in the lakeside city of Erie, Pennslyvania, ranged in age from 8 months to 7 years, Chief Guy Santone of the Erie Fire Department said. At least four of the victims were staying overnight at the residential house that had been turned into a day care center, Erie Chief Fire Inspector John Widomski told the Erie Times-News.


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  • 43/76   Seven dead in DR Congo lake boat capsize
    POLITICS TOPIC NEWS

    Seven people drowned after a transport boat sank after hitting rocks on a lake in the eastern Democratic Republic of Congo over the weekend, local authorities said on Monday.  Lake and river transport is widely used in the DRC as the highway system is poor, but accidents are common, often caused by overloading and the unsafe state of vessels.  The 'total number of deaths is seven,' the local minister of transport and communication in South Kivu province, Claude Swedy Basila said in a statement.

    Seven people drowned after a transport boat sank after hitting rocks on a lake in the eastern Democratic Republic of Congo over the weekend, local authorities said on Monday. Lake and river transport is widely used in the DRC as the highway system is poor, but accidents are common, often caused by overloading and the unsafe state of vessels. The 'total number of deaths is seven,' the local minister of transport and communication in South Kivu province, Claude Swedy Basila said in a statement.


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  • 44/76   Muslim pilgrims converge on Jamarat for ritual stoning of the devil
    POLITICS TOPIC NEWS

    Muslims from around the world hurled pebbles at a giant wall in a symbolic stoning of the devil on Sunday, the start of the riskiest part of the annual haj pilgrimage in Saudi Arabia, where hundreds died in a crush four years ago.  The kingdom stakes its reputation on its guardianship of Islam's holiest sites, Mecca and Medina, and organizing the world's largest annual Muslim gathering which retraces the route Prophet Mohammad took 14 centuries ago.  Nearly 2-1/2 million pilgrims, mostly from abroad, have arrived for the five-day ritual, a religious duty once in a lifetime for every able-bodied Muslim who can afford it.

    Muslims from around the world hurled pebbles at a giant wall in a symbolic stoning of the devil on Sunday, the start of the riskiest part of the annual haj pilgrimage in Saudi Arabia, where hundreds died in a crush four years ago. The kingdom stakes its reputation on its guardianship of Islam's holiest sites, Mecca and Medina, and organizing the world's largest annual Muslim gathering which retraces the route Prophet Mohammad took 14 centuries ago. Nearly 2-1/2 million pilgrims, mostly from abroad, have arrived for the five-day ritual, a religious duty once in a lifetime for every able-bodied Muslim who can afford it.


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  • 45/76   Canada cable car cord severed in 'likely sabotage'
    POLITICS TOPIC NEWS

    Canadian police are investigating an apparent act of vandalism after a cord carrying cable cars was severed, sending all 30 of them crashing to the ground.The company said the Sea to Sky Gondola in Squamish, north of Vancouver, was not operating at the time of the incident, and that no guests or staff members were injured.The attraction’s manager told Canadian broadcaster CBC that maintenance on the line had been recently carried out “and it was a big, thick, beautiful healthy rope”.The firm said the incident took place at around 04.30 local time (11.30 GMT).Police think an individual deliberately slashed the cables in the early hours of Saturday and say technical safety experts are now assessing the line.“We believe the cables were cut and this was a deliberate act of vandalism,” Squamish RCMP Inspector Kara Triance told CBC. “At this time, it’s a crime scene.”Inspector Triance said the person responsible placed themselves in “extreme jeopardy” if they had scaled a maintenance pole. She also noted the steel cable coming loose under tension would have been highly dangerous.Police are asking visitors to steer clear of the area – including away from nearby trails. They have also urged any hikers, climbers, or campers who were in the area to get in touch with them.“We recognise the potential of what could have been and are thankful that no one was injured,” police said in a statement.The Sea to Sky Gondola takes passengers to almost 3,000 feet above sea level, giving views of Howe Sound, a network of fjords situated immediately northwest of Vancouver, and surrounding waterfalls. Each of the gondola cars is able to hold eight passengersAdditional reporting by agencies

    Canadian police are investigating an apparent act of vandalism after a cord carrying cable cars was severed, sending all 30 of them crashing to the ground.The company said the Sea to Sky Gondola in Squamish, north of Vancouver, was not operating at the time of the incident, and that no guests or staff members were injured.The attraction’s manager told Canadian broadcaster CBC that maintenance on the line had been recently carried out “and it was a big, thick, beautiful healthy rope”.The firm said the incident took place at around 04.30 local time (11.30 GMT).Police think an individual deliberately slashed the cables in the early hours of Saturday and say technical safety experts are now assessing the line.“We believe the cables were cut and this was a deliberate act of vandalism,” Squamish RCMP Inspector Kara Triance told CBC. “At this time, it’s a crime scene.”Inspector Triance said the person responsible placed themselves in “extreme jeopardy” if they had scaled a maintenance pole. She also noted the steel cable coming loose under tension would have been highly dangerous.Police are asking visitors to steer clear of the area – including away from nearby trails. They have also urged any hikers, climbers, or campers who were in the area to get in touch with them.“We recognise the potential of what could have been and are thankful that no one was injured,” police said in a statement.The Sea to Sky Gondola takes passengers to almost 3,000 feet above sea level, giving views of Howe Sound, a network of fjords situated immediately northwest of Vancouver, and surrounding waterfalls. Each of the gondola cars is able to hold eight passengersAdditional reporting by agencies


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  • 46/76   Accused Sex Trafficker Steered $100K Payday to Bannon
    POLITICS TOPIC NEWS

    Photo Illustration by Lyne Lucien/The Daily Beast/GettyAn accused pedophile helped Steve Bannon secure a $100,000 speaking gig from a prestigious Washington think tank, according to emails reviewed by The Daily Beast. The emails—between Republican fundraiser and investor Elliott Broidy and Lebanese-American political operative George Nader—shed light on the relationship between Trump’s ex-adviser and a man now in jail awaiting trial on child sex trafficking charges. The emails point to a closer relationship between Bannon and Nader than previously known. It’s been widely reported that Nader met with Bannon in the White House during his time as a Trump adviser there. But these emails show they stayed in contact after Bannon left government, and that Nader helped the ex-Breitbart chief secure an appearance with a six-figure payday. A Bannon spokesperson, meanwhile, said Nader was “irrelevant” to Bannon’s speech. Nader’s work drew the attention of Special Counsel Robert Mueller, who questioned him extensively as part of his probe into foreign meddling in the 2016 presidential race. But Mueller wasn’t the only federal prosecutor interested in Nader. On June 3 of this year, he was arrested at John F. Kennedy International Airport in New York and charged with possessing child pornography. And just last month, the feds rolled out additional charges for child sex trafficking. Nader is in jail awaiting trial, and has pleaded not guilty. Broidy, meanwhile, also appears to have drawn attention from the feds: The Daily Beast confirmed in April that one of his former associates has spoken with FBI agents about his business dealings. The emails between Nader and Broidy, sent in September and October 2017, involve arrangements for a conference on Qatar hosted by the Hudson Institute. Broidy, then seeking business from the government of the United Arab Emirates, was running a quiet public relations campaign designed to undermine the Qatari government’s influence in Washington and with American Jewish leaders. He was particularly incensed that Nick Muzin, a former staffer to Sen. Ted Cruz with deep ties to Jewish leaders, had signed on to lobby for the government of Qatar. They’d run in the same tight-knit circle of Jewish Republicans and Broidy saw Muzin as a traitor. The country’s connections to Iran—with which it shares a huge gas field—have long angered many in the pro-Israel community. And its ownership of Al Jazeera also fuels opposition from many supporters of Israel. Steve Bannon Got Russian ‘Evidence’ From Rob Goldstone During Transition“I want to Puke,” he wrote in an email to his wife on Sept. 6. “What a moron.”“Is this guy a self-hating Jew or an idiot?” she replied. “What can you do?”Just a few months earlier, the governments of Saudi Arabia and the United Arab Emirates started a blockade of Qatar. It was a bid to isolate the peninsular nation, which those governments blamed for funding terrorism. The Qataris kicked off a well-funded lobbying effort to tell their side of the story in Washington and stay in the Trump administration’s good graces. Muzin’s outreach to Jewish leaders—which Broidy sought to countervail—was part of the Qataris’ effort to shore up support. As part of Broidy’s project, he helped arrange a conference to be held at the Hudson Institute, a conservative think tank known for its foreign policy work. The conference, set for October of 2017, would make the case against Qatar. In September, Broidy communicated with Nader—whom he had known since Trump’s inauguration—about those plans. And on Sept. 22, Nader emailed Broidy about getting Bannon involved [all punctuation sic]. “Hope all is going well with you and the Conference,” Nader wrote. “Send me please an update[.] Steve is interested in participating.” Nader then shared Bannon’s email with Broidy. “Send him pls a letter to brief him…on the conference, what you like him to do and when,” Nader continued. “You should get him key time and all by himself with proper guy to introduce him. Let me know what you have in mind!”Two days later, Broidy sent Nader a curious email. It opened with the words “Dear Steve,” and then described the plans for the conference. “I would love to have you as one of the keynote speakers,” Broidy wrote in the email sent to Nader but addressed to Bannon. The email included a draft of the conference’s agenda. It appears Broidy wanted Nader to proof-read the invitation before it went to Bannon, who had left the White House in August 2017.On Sept. 29, event organizers circulated a draft of a Save-the-Date invitation for the conference. Bannon’s name wasn’t on it. “You need to add please Steve Bannon,” Nader wrote in an email to Broidy. “He is as important if not more to that invitation and kindly send me too a draft of the full program as is for now[.]” Two weeks later, Bannon was in. “Still working on many details,” Broidy wrote to Nader on Oct. 17. “Will get schedule to you when ready. Steve is on board, FYI $100k honorarium.” Five days later, Broidy was still keeping Nader looped in on Bannon’s participation. He forwarded Nader an email he sent directly to Bannon that day. “I am very excited about your appearance at the conference tomorrow,” he wrote in the email to Bannon that he forwarded to Nader. “George asked me to resend some talking points. See you then.” A person close to Bannon said that the two men got to know each other better after Bannon left the White House, and that Nader was one of many people who approached Bannon on behalf of event organizers about making speeches. But a Bannon spokesperson discounted Nader’s role in Bannon’s speech.“This is just one of many speaking requests Mr. Bannon receives,” the spokesperson said in a statement.  “Hudson Institute is a highly respected think tank, and because of that, he accepted an invitation with others such as Sen. Cotton and Gen. Petraeus. George Nader was irrelevant; neither he nor anyone has influenced Mr. Bannon’s longtime position on the condemnation of Qatar as an urgent threat to Israel: a state sponsor of the Muslim Brotherhood, Hamas, and other Islamic terror organizations.”The conference went forward, largely as planned, and a source familiar with it confirmed that Bannon received the $100,000 payment. It featured a host of luminaries, including Gen. David Petraeus; Zalmay Khalilzad, who later became the State Department’s Special Representative for Afghan Reconciliation; Democratic and Republican members of the House of Representatives; and Republican Sen. Tom Cotton. Bannon, in his speech, was characteristically bombastic and praised the blockade. “I think the single most important thing that’s happening in the world is the situation in Qatar,” he said. “What’s happening in Qatar is every bit as important as what’s happening in North Korea.”A lawyer for Nader declined to comment for this story. Spokespersons for Broidy and Bannon declined to comment as well. The Hudson Institute stands by its work.“Hudson has held countless panels and produced reports on the Middle East, including Qatar and the pernicious impact of the Muslim Brotherhood specifically,” said a statement the Institute shared with The Daily Beast. “We believe our criticisms and analysis of Qatar, Iran, and the Muslim Brotherhood are still valid.”  George Nader’s Phones Had Child Porn—and Communications With a Crown Prince, Feds SayA source close to Hudson said Bannon’s honorarium was on par with what other main speakers received. In an ironic twist, Bannon has since gotten to know Muzin—Broidy’s old nemesis—and discussed going into business with him. The Daily Beast reported earlier this year that Muzin pitched an executive at Juul, the e-cigarette company, on his lobbying services and said Bannon would be able to help out with his influence efforts. Juul didn’t take them up on the offer. For Broidy and Nader, the weeks before the Hudson conference were a comparatively simple time. Two months after the event, hackers stole troves of emails Broidy had sent and received. The emails were fodder for a host of news stories about his business dealings and relationships with foreign government officials, including officials looking to influence Trumpworld. Many of Nader’s communications with Broidy have also become public since the hack. And numerous reports have revealed Nader’s work as a gatekeeper between Gulf dignitaries and denizens of Trumpworld. The emails The Daily Beast obtained indicate that, on at least one occasion, he also helped connect a Republican financier to Bannon. Broidy has alleged in court that the Qatari government sponsored the hacks. The Qataris say the allegations are baseless, and the litigation is underway. Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

    Photo Illustration by Lyne Lucien/The Daily Beast/GettyAn accused pedophile helped Steve Bannon secure a $100,000 speaking gig from a prestigious Washington think tank, according to emails reviewed by The Daily Beast. The emails—between Republican fundraiser and investor Elliott Broidy and Lebanese-American political operative George Nader—shed light on the relationship between Trump’s ex-adviser and a man now in jail awaiting trial on child sex trafficking charges. The emails point to a closer relationship between Bannon and Nader than previously known. It’s been widely reported that Nader met with Bannon in the White House during his time as a Trump adviser there. But these emails show they stayed in contact after Bannon left government, and that Nader helped the ex-Breitbart chief secure an appearance with a six-figure payday. A Bannon spokesperson, meanwhile, said Nader was “irrelevant” to Bannon’s speech. Nader’s work drew the attention of Special Counsel Robert Mueller, who questioned him extensively as part of his probe into foreign meddling in the 2016 presidential race. But Mueller wasn’t the only federal prosecutor interested in Nader. On June 3 of this year, he was arrested at John F. Kennedy International Airport in New York and charged with possessing child pornography. And just last month, the feds rolled out additional charges for child sex trafficking. Nader is in jail awaiting trial, and has pleaded not guilty. Broidy, meanwhile, also appears to have drawn attention from the feds: The Daily Beast confirmed in April that one of his former associates has spoken with FBI agents about his business dealings. The emails between Nader and Broidy, sent in September and October 2017, involve arrangements for a conference on Qatar hosted by the Hudson Institute. Broidy, then seeking business from the government of the United Arab Emirates, was running a quiet public relations campaign designed to undermine the Qatari government’s influence in Washington and with American Jewish leaders. He was particularly incensed that Nick Muzin, a former staffer to Sen. Ted Cruz with deep ties to Jewish leaders, had signed on to lobby for the government of Qatar. They’d run in the same tight-knit circle of Jewish Republicans and Broidy saw Muzin as a traitor. The country’s connections to Iran—with which it shares a huge gas field—have long angered many in the pro-Israel community. And its ownership of Al Jazeera also fuels opposition from many supporters of Israel. Steve Bannon Got Russian ‘Evidence’ From Rob Goldstone During Transition“I want to Puke,” he wrote in an email to his wife on Sept. 6. “What a moron.”“Is this guy a self-hating Jew or an idiot?” she replied. “What can you do?”Just a few months earlier, the governments of Saudi Arabia and the United Arab Emirates started a blockade of Qatar. It was a bid to isolate the peninsular nation, which those governments blamed for funding terrorism. The Qataris kicked off a well-funded lobbying effort to tell their side of the story in Washington and stay in the Trump administration’s good graces. Muzin’s outreach to Jewish leaders—which Broidy sought to countervail—was part of the Qataris’ effort to shore up support. As part of Broidy’s project, he helped arrange a conference to be held at the Hudson Institute, a conservative think tank known for its foreign policy work. The conference, set for October of 2017, would make the case against Qatar. In September, Broidy communicated with Nader—whom he had known since Trump’s inauguration—about those plans. And on Sept. 22, Nader emailed Broidy about getting Bannon involved [all punctuation sic]. “Hope all is going well with you and the Conference,” Nader wrote. “Send me please an update[.] Steve is interested in participating.” Nader then shared Bannon’s email with Broidy. “Send him pls a letter to brief him…on the conference, what you like him to do and when,” Nader continued. “You should get him key time and all by himself with proper guy to introduce him. Let me know what you have in mind!”Two days later, Broidy sent Nader a curious email. It opened with the words “Dear Steve,” and then described the plans for the conference. “I would love to have you as one of the keynote speakers,” Broidy wrote in the email sent to Nader but addressed to Bannon. The email included a draft of the conference’s agenda. It appears Broidy wanted Nader to proof-read the invitation before it went to Bannon, who had left the White House in August 2017.On Sept. 29, event organizers circulated a draft of a Save-the-Date invitation for the conference. Bannon’s name wasn’t on it. “You need to add please Steve Bannon,” Nader wrote in an email to Broidy. “He is as important if not more to that invitation and kindly send me too a draft of the full program as is for now[.]” Two weeks later, Bannon was in. “Still working on many details,” Broidy wrote to Nader on Oct. 17. “Will get schedule to you when ready. Steve is on board, FYI $100k honorarium.” Five days later, Broidy was still keeping Nader looped in on Bannon’s participation. He forwarded Nader an email he sent directly to Bannon that day. “I am very excited about your appearance at the conference tomorrow,” he wrote in the email to Bannon that he forwarded to Nader. “George asked me to resend some talking points. See you then.” A person close to Bannon said that the two men got to know each other better after Bannon left the White House, and that Nader was one of many people who approached Bannon on behalf of event organizers about making speeches. But a Bannon spokesperson discounted Nader’s role in Bannon’s speech.“This is just one of many speaking requests Mr. Bannon receives,” the spokesperson said in a statement.  “Hudson Institute is a highly respected think tank, and because of that, he accepted an invitation with others such as Sen. Cotton and Gen. Petraeus. George Nader was irrelevant; neither he nor anyone has influenced Mr. Bannon’s longtime position on the condemnation of Qatar as an urgent threat to Israel: a state sponsor of the Muslim Brotherhood, Hamas, and other Islamic terror organizations.”The conference went forward, largely as planned, and a source familiar with it confirmed that Bannon received the $100,000 payment. It featured a host of luminaries, including Gen. David Petraeus; Zalmay Khalilzad, who later became the State Department’s Special Representative for Afghan Reconciliation; Democratic and Republican members of the House of Representatives; and Republican Sen. Tom Cotton. Bannon, in his speech, was characteristically bombastic and praised the blockade. “I think the single most important thing that’s happening in the world is the situation in Qatar,” he said. “What’s happening in Qatar is every bit as important as what’s happening in North Korea.”A lawyer for Nader declined to comment for this story. Spokespersons for Broidy and Bannon declined to comment as well. The Hudson Institute stands by its work.“Hudson has held countless panels and produced reports on the Middle East, including Qatar and the pernicious impact of the Muslim Brotherhood specifically,” said a statement the Institute shared with The Daily Beast. “We believe our criticisms and analysis of Qatar, Iran, and the Muslim Brotherhood are still valid.”  George Nader’s Phones Had Child Porn—and Communications With a Crown Prince, Feds SayA source close to Hudson said Bannon’s honorarium was on par with what other main speakers received. In an ironic twist, Bannon has since gotten to know Muzin—Broidy’s old nemesis—and discussed going into business with him. The Daily Beast reported earlier this year that Muzin pitched an executive at Juul, the e-cigarette company, on his lobbying services and said Bannon would be able to help out with his influence efforts. Juul didn’t take them up on the offer. For Broidy and Nader, the weeks before the Hudson conference were a comparatively simple time. Two months after the event, hackers stole troves of emails Broidy had sent and received. The emails were fodder for a host of news stories about his business dealings and relationships with foreign government officials, including officials looking to influence Trumpworld. Many of Nader’s communications with Broidy have also become public since the hack. And numerous reports have revealed Nader’s work as a gatekeeper between Gulf dignitaries and denizens of Trumpworld. The emails The Daily Beast obtained indicate that, on at least one occasion, he also helped connect a Republican financier to Bannon. Broidy has alleged in court that the Qatari government sponsored the hacks. The Qataris say the allegations are baseless, and the litigation is underway. Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.


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  • 47/76   Freshly Restored 1968 Chevrolet Camaro RS/SS Pro Touring
    POLITICS TOPIC NEWS

    Low miles with modern performance and luxury upgrades. Flemings Ultimate Garage is pleased to announce this 1968 Chevrolet Camaro RS/SS Pro Touring model up for sale. For the 1968 model year, Chevrolet could leave well enough alone with the Camaro; it was an instant hit and racking up strong sales numbers and track figures against the Mustang. After all, the saying does go “if it ain’t broke, don’t fix it.” The changes from 1967 to 1968 were subtle, but thoughtful nonetheless. The vent windows that framed the A-pillars were eliminated, so GM installed air vents below the dash called “Astro-Ventilation” to get proper airflow to the driver. The model you see here is an excellent example from ’68 and will make a stunning addition to your garage. The Camaro is timeless, and this recently restored coupe is nothing short of a masterpiece.This ’68 Camaro RS/SS is dressed in Cortez Silver paint with a mirror finish and black Super Sport nose stripes. The car is in show-quality, having been waxed and detailed to perfection. The interior features custom fourth-generation Camaro Houndstooth black 10-way power seats. Other cabin goodies include a custom aluminum trim floor console, optional Cool-it floor and door sound deadening, a new Vintage Air a/c system, CPP fast-ratio power steering, and upgraded Pioneer digital sound system with AM/FM/USB/AUX with Pioneer 6x9 speakers. The dash also features new vintage 3-in-1 full custom gauges, including a 140 speedometer and an 8K rpm tachometer.Powering this bad boy is a brand-new GM Performance Parts hi-performance fuel-injected aluminum LS3 V8 engine making over 500 horsepower! It’s mated to a rebuilt Tremec T-56 six-speed manual transmission with a modern hydraulic clutch and an LS7 pressure plate. This Camaro has its original 12-bolt rear differential with an Eaton Posi rebuild with Moser axles and 3.73 gears.The car rides on 18x8 and 18x9 Bonspeed Puresport two-piece forged alloy wheels wrapped in Nitto hi-speed radials. It’s lowered on Hotchkis springs with brand-new Bilstein shocks, and optional Hotchkis sway bars and tubular control arms. All of the power is stopped via Wilwood four-wheel power disc brakes with 14-inch six-piston calipers up front and 13-inch four-piston calipers at the rear. It sounds incredible too, thanks to the polished stainless dual exhaust with Magnaflow mufflers, X-pipe, and long-tube headers.This Camaro was freshly restored not too long ago and looks the part. Since the resto, it’s only clocked 2,290 miles! This baby is now ready for a new owner to continue its story. The current asking price as of this writing is $89,900, and you can make an offer right here. Read More:    * Built To Thrill: 800-Horsepower 2011 Chevrolet Camaro SS    * Gorgeous Hugger Orange 1972 Chevrolet Camaro Restomod For Sale

    Low miles with modern performance and luxury upgrades. Flemings Ultimate Garage is pleased to announce this 1968 Chevrolet Camaro RS/SS Pro Touring model up for sale. For the 1968 model year, Chevrolet could leave well enough alone with the Camaro; it was an instant hit and racking up strong sales numbers and track figures against the Mustang. After all, the saying does go “if it ain’t broke, don’t fix it.” The changes from 1967 to 1968 were subtle, but thoughtful nonetheless. The vent windows that framed the A-pillars were eliminated, so GM installed air vents below the dash called “Astro-Ventilation” to get proper airflow to the driver. The model you see here is an excellent example from ’68 and will make a stunning addition to your garage. The Camaro is timeless, and this recently restored coupe is nothing short of a masterpiece.This ’68 Camaro RS/SS is dressed in Cortez Silver paint with a mirror finish and black Super Sport nose stripes. The car is in show-quality, having been waxed and detailed to perfection. The interior features custom fourth-generation Camaro Houndstooth black 10-way power seats. Other cabin goodies include a custom aluminum trim floor console, optional Cool-it floor and door sound deadening, a new Vintage Air a/c system, CPP fast-ratio power steering, and upgraded Pioneer digital sound system with AM/FM/USB/AUX with Pioneer 6x9 speakers. The dash also features new vintage 3-in-1 full custom gauges, including a 140 speedometer and an 8K rpm tachometer.Powering this bad boy is a brand-new GM Performance Parts hi-performance fuel-injected aluminum LS3 V8 engine making over 500 horsepower! It’s mated to a rebuilt Tremec T-56 six-speed manual transmission with a modern hydraulic clutch and an LS7 pressure plate. This Camaro has its original 12-bolt rear differential with an Eaton Posi rebuild with Moser axles and 3.73 gears.The car rides on 18x8 and 18x9 Bonspeed Puresport two-piece forged alloy wheels wrapped in Nitto hi-speed radials. It’s lowered on Hotchkis springs with brand-new Bilstein shocks, and optional Hotchkis sway bars and tubular control arms. All of the power is stopped via Wilwood four-wheel power disc brakes with 14-inch six-piston calipers up front and 13-inch four-piston calipers at the rear. It sounds incredible too, thanks to the polished stainless dual exhaust with Magnaflow mufflers, X-pipe, and long-tube headers.This Camaro was freshly restored not too long ago and looks the part. Since the resto, it’s only clocked 2,290 miles! This baby is now ready for a new owner to continue its story. The current asking price as of this writing is $89,900, and you can make an offer right here. Read More: * Built To Thrill: 800-Horsepower 2011 Chevrolet Camaro SS * Gorgeous Hugger Orange 1972 Chevrolet Camaro Restomod For Sale


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  • 48/76   'Words matter': Bloomberg says Trump rhetoric can encourage violence
    POLITICS TOPIC NEWS

    Former New York City Mayor Michael Bloomberg says he hopes President Trump understands that a leader's careless word choice risks encouraging racism and even violence.

    Former New York City Mayor Michael Bloomberg says he hopes President Trump understands that a leader's careless word choice risks encouraging racism and even violence.


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  • 49/76   Jeffrey Epstein's cause of death is 'pending further information': What we know about his apparent suicide
    POLITICS TOPIC NEWS

    The FBI and U.S. Inspector General's office will investigate the circumstances of Jeffrey Epsteiin's apparent suicide while in federal custody, officials said

    The FBI and U.S. Inspector General's office will investigate the circumstances of Jeffrey Epsteiin's apparent suicide while in federal custody, officials said


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  • 50/76   Catch a shooting star: The summer's best meteor shower – the Perseids – peak tonight
    SCIENCE TOPIC NEWS

    The peak of the best summertime meteor shower – the Perseids – will be coming to a sky near you tonight, weather permitting.

    The peak of the best summertime meteor shower – the Perseids – will be coming to a sky near you tonight, weather permitting.


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  • 51/76   Will SpaceX Kill the Small Rocket Market?
    SCIENCE TOPIC NEWS

    Small satellites only need small rockets to launch them -- but a big rocket could do in a pinch.

    Small satellites only need small rockets to launch them -- but a big rocket could do in a pinch.


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  • 52/76   Outrage as Trump administration weakens endangered species law
    SCIENCE TOPIC NEWS

    US President Donald Trump's administration on Monday finalized rollbacks to key provisions of the Endangered Species Act, a law supported by a large majority of Americans and credited with saving the gray wolf, bald eagle and grizzly bear.  The move was met with anger by environmental groups and Democratic politicians, including presidential candidate Joe Biden, while two states announced they would take legal action.  Amendments include removing a rule that automatically conveys the same protections to threatened species and endangered species, and allowing information on economic impact to be gathered when making determinations on how wildlife is listed.

    US President Donald Trump's administration on Monday finalized rollbacks to key provisions of the Endangered Species Act, a law supported by a large majority of Americans and credited with saving the gray wolf, bald eagle and grizzly bear. The move was met with anger by environmental groups and Democratic politicians, including presidential candidate Joe Biden, while two states announced they would take legal action. Amendments include removing a rule that automatically conveys the same protections to threatened species and endangered species, and allowing information on economic impact to be gathered when making determinations on how wildlife is listed.


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  • 53/76   Firefighters contain Canary Islands blaze: officials
    SCIENCE TOPIC NEWS

    Firefighters have managed to contain a fire raging on the Spanish holiday island of Gran Canaria which sparked the evacuation of hundreds of people, local officials said Monday.  'The containment efforts have borne fruit and the prospects are good,' Angel Victor Torres, the president of the regional government of the Canary Islands, told a press conference late Monday.  Some 250 firefighters and soldiers have been battling the wildfire.

    Firefighters have managed to contain a fire raging on the Spanish holiday island of Gran Canaria which sparked the evacuation of hundreds of people, local officials said Monday. 'The containment efforts have borne fruit and the prospects are good,' Angel Victor Torres, the president of the regional government of the Canary Islands, told a press conference late Monday. Some 250 firefighters and soldiers have been battling the wildfire.


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  • 54/76   US West struggles to hit goals of fighting fire with fire
    SCIENCE TOPIC NEWS

    The thick scent of smoke hung in the midday air when a trail along the Kings River opened up to an ominous scene: flames in the trees and thick gray smoke shrouding canyon walls.  Firefighters were on the job.  The prescribed burn — a low-intensity, closely managed fire — was intended to clear out undergrowth and protect the heart of Kings Canyon National Park from future wildfires that are growing larger and more frequent amid climate change.

    The thick scent of smoke hung in the midday air when a trail along the Kings River opened up to an ominous scene: flames in the trees and thick gray smoke shrouding canyon walls. Firefighters were on the job. The prescribed burn — a low-intensity, closely managed fire — was intended to clear out undergrowth and protect the heart of Kings Canyon National Park from future wildfires that are growing larger and more frequent amid climate change.


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  • 55/76   Two Ebola drugs found to increase survival rates
    SCIENCE TOPIC NEWS

    Scientists were a step closer to an effective treatment for Ebola after two drugs in a clinical trial were found to significantly boost survival rates, the US health authority co-funding the research said Monday.  The study began last November in the Democratic Republic of Congo, but its current phase has been halted and all future patients switched over to the treatments that have shown positive results, the US National Institutes of Health (NIH) said in a statement.  REGN-EB3 and mAb114 'are the first drugs that, in a scientifically sound study, have clearly shown a significant diminution in mortality for people with Ebola virus disease,' Anthony Fauci, director of the NIH's National Institute of Allergy and Infectious Diseases, told AFP.

    Scientists were a step closer to an effective treatment for Ebola after two drugs in a clinical trial were found to significantly boost survival rates, the US health authority co-funding the research said Monday. The study began last November in the Democratic Republic of Congo, but its current phase has been halted and all future patients switched over to the treatments that have shown positive results, the US National Institutes of Health (NIH) said in a statement. REGN-EB3 and mAb114 'are the first drugs that, in a scientifically sound study, have clearly shown a significant diminution in mortality for people with Ebola virus disease,' Anthony Fauci, director of the NIH's National Institute of Allergy and Infectious Diseases, told AFP.


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  • 56/76   Dole recalls baby spinach due to Salmonella risk
    SCIENCE TOPIC NEWS

    Dole is recalling cases of baby spinach that have expired over risk of Salmonella.  The impacted products were distributed in Illinois, Indiana, Kentucky, Michigan, New Jersey, New York, Ohio, Tennessee, Virginia and Wisconsin.  The products being recalled are 6-ounce Dole Baby Spinach bagged packages with a lot code of W20308A (UPC code 0-71430-00964-2) and 10-ounce Dole Baby Spinach clamshell packages with a lot code of W203010 (UPC code 0-71430-00016-8).

    Dole is recalling cases of baby spinach that have expired over risk of Salmonella. The impacted products were distributed in Illinois, Indiana, Kentucky, Michigan, New Jersey, New York, Ohio, Tennessee, Virginia and Wisconsin. The products being recalled are 6-ounce Dole Baby Spinach bagged packages with a lot code of W20308A (UPC code 0-71430-00964-2) and 10-ounce Dole Baby Spinach clamshell packages with a lot code of W203010 (UPC code 0-71430-00016-8).


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  • 57/76   Chlamydia vaccine shows promise in early tests
    SCIENCE TOPIC NEWS

    The first chlamydia vaccine encouragingly triggered an immune response in women during preliminary clinical trials and was found to be safe, researchers said Tuesday.  Further trials, starting later this year, will show whether the vaccine actually protects against the sexually transmitted disease (STD), they reported in The Lancet, a medical journal.  'A vaccine for prevention of Chlamydia infection would have enormous public health and economic impact,' commented University of South Carolina professor Toni Darville, who did not contribute to the research.

    The first chlamydia vaccine encouragingly triggered an immune response in women during preliminary clinical trials and was found to be safe, researchers said Tuesday. Further trials, starting later this year, will show whether the vaccine actually protects against the sexually transmitted disease (STD), they reported in The Lancet, a medical journal. 'A vaccine for prevention of Chlamydia infection would have enormous public health and economic impact,' commented University of South Carolina professor Toni Darville, who did not contribute to the research.


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  • 58/76   Ebola could be curable, clinical trial in the Congo shows for the first time
    SCIENCE TOPIC NEWS

    Since last year, Ebola has killed more than 1,800 people in the Congo. Now, 2 trial drugs have shown promise as a potential cure.

    Since last year, Ebola has killed more than 1,800 people in the Congo. Now, 2 trial drugs have shown promise as a potential cure.


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  • 59/76   Democrats’ newest climate platform: Hammering fossil fuel companies
    SCIENCE TOPIC NEWS

    The rhetoric from candidates like Sanders, Warren and even Biden echoes the fervor of the climate change activists backing the Green New Deal.

    The rhetoric from candidates like Sanders, Warren and even Biden echoes the fervor of the climate change activists backing the Green New Deal.


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  • 60/76   UN probing 35 North Korean cyberattacks in 17 countries
    WORLD TOPIC NEWS

    U.N. experts say they are investigating at least 35 instances in 17 countries of North Koreans using cyberattacks to illegally raise money for weapons of mass destruction programs — and they are calling for sanctions against ships providing gasoline and diesel to the country.  Last week, The Associated Press quoted a summary of a report from the experts which said that North Korea illegally acquired as much as $2 billion from its increasingly sophisticated cyber activities against financial institutions and cryptocurrency exchanges.  The lengthier version of the report, recently seen by the AP, reveals that neighboring South Korea was hardest-hit, the victim of 10 North Korean cyberattacks, followed by India with three attacks, and Bangladesh and Chile with two each.

    U.N. experts say they are investigating at least 35 instances in 17 countries of North Koreans using cyberattacks to illegally raise money for weapons of mass destruction programs — and they are calling for sanctions against ships providing gasoline and diesel to the country. Last week, The Associated Press quoted a summary of a report from the experts which said that North Korea illegally acquired as much as $2 billion from its increasingly sophisticated cyber activities against financial institutions and cryptocurrency exchanges. The lengthier version of the report, recently seen by the AP, reveals that neighboring South Korea was hardest-hit, the victim of 10 North Korean cyberattacks, followed by India with three attacks, and Bangladesh and Chile with two each.


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  • 61/76   John Bolton says UK-US trade deal could be agreed ‘sector by sector’
    WORLD TOPIC NEWS

    John Bolton has said the UK and US could strike a “sector-by-sector” trade deal.The US national security advisor met with Boris Johnson and UK officials on Monday, during his trip to Britain.He claimed the UK was “first in line” for a trade deal with the US.“A prior American president said that if the United Kingdom left the European Union, it would go to the back of the queue on trade deals,” he said.“To be clear, in the Trump administration, Britain’s constantly at the front of the trade queue, or line as we say.”Mr Bolton said the US had been “ready to negotiate” with Theresa May’s government, and said the US could do a trade deal with the UK “in pieces” on a sector-by-sector basis.The US official said his country could strike trade deal with the UK by first concentrating on less contentious areas, like manufacturing and the car-making industry.“You could do it sector by sector, you could do it in a modular fashion in other words,” Mr Bolton said.“You could carve out some areas where it might be possible to reach a bilateral agreement very quickly, very straight forwardly.“That would then lock that in and when the other areas that might be more difficult were concluded later, you could combine it in one overall agreement.“So the objective is either one document or a series of agreements that would be comprehensive.“In order to expedite things and enhance the possibility for increasing the trade and investments between the two countries, doing it in a sector-by-sector approach or some other approach that the trade negotiators might agree with, we are open to that.”Asked whether piecemeal trade agreements are allowed under WTO rules, Mr Bolton said: “Our trade negotiators seem to think it is.”“The idea of doing it in pieces rather than waiting for the whole thing is not unprecedented.“I think here we see the importance and urgency of doing as much as we can agree on as rapidly as possible because of the impending 31 October exit date.”The UK is barred from opening talks with a third country before exiting the EU on 31 October, at the earliest.Mr Bolton also said the UK and US could avoid discussing contentious issues like Iran, China, and Huawei until after Brexit.“The message I wanted to convey on Iran, and on some other issues in which I include China, 5G, Huawei, that cluster of issues, is that the President and the US Government fully understands that in the next few days the UK Government has a singular focus on the Brexit issue, so that we are not hoping for anything on these broad and complex questions,” he said.“We just ask that, as issues come up, we resolve them individually and we reserve the time to have a larger conversation on some of these important issues at a moment that is really right for the new government. We just felt we owe them that.“Obviously we have views on these issues, I think that is appreciated by the new government. They said in particular that looking really from square one on the Huawei issue that they were very concerned about not having any compromise in the security of telecommunications in the 5G space.”He added: “We don’t want to put you under pressure on these issues. There will be time enough to talk, that is really all we ask for.”In May 2019 the US published its negotiating objectives for a future trade deal with the UK.These suggest that Britain will not enjoy softer treatment compared to other US allies in any trade deal.The blueprint indicates that the nation would demand greater access to food markets, allowing it to sell the UK chlorine-washed chicken and hormone-pumped beef.The objectives also suggest “full market access for US products”, which could potentially lead to spiralling NHS drug costs.Mr Bolton criticised the EU for its approach to Brexit, while talking to journalists after his meeting with the prime minister.“The fashion in the European Union when the people vote the wrong way from the way that the elites want to go, is to make the peasants vote again and again until they get it right,” he said.He added that it was ”hard to imagine” people in the UK did not know “what was at stake” when they voted to leave the EU in 2016.Additional reporting by agencies

    John Bolton has said the UK and US could strike a “sector-by-sector” trade deal.The US national security advisor met with Boris Johnson and UK officials on Monday, during his trip to Britain.He claimed the UK was “first in line” for a trade deal with the US.“A prior American president said that if the United Kingdom left the European Union, it would go to the back of the queue on trade deals,” he said.“To be clear, in the Trump administration, Britain’s constantly at the front of the trade queue, or line as we say.”Mr Bolton said the US had been “ready to negotiate” with Theresa May’s government, and said the US could do a trade deal with the UK “in pieces” on a sector-by-sector basis.The US official said his country could strike trade deal with the UK by first concentrating on less contentious areas, like manufacturing and the car-making industry.“You could do it sector by sector, you could do it in a modular fashion in other words,” Mr Bolton said.“You could carve out some areas where it might be possible to reach a bilateral agreement very quickly, very straight forwardly.“That would then lock that in and when the other areas that might be more difficult were concluded later, you could combine it in one overall agreement.“So the objective is either one document or a series of agreements that would be comprehensive.“In order to expedite things and enhance the possibility for increasing the trade and investments between the two countries, doing it in a sector-by-sector approach or some other approach that the trade negotiators might agree with, we are open to that.”Asked whether piecemeal trade agreements are allowed under WTO rules, Mr Bolton said: “Our trade negotiators seem to think it is.”“The idea of doing it in pieces rather than waiting for the whole thing is not unprecedented.“I think here we see the importance and urgency of doing as much as we can agree on as rapidly as possible because of the impending 31 October exit date.”The UK is barred from opening talks with a third country before exiting the EU on 31 October, at the earliest.Mr Bolton also said the UK and US could avoid discussing contentious issues like Iran, China, and Huawei until after Brexit.“The message I wanted to convey on Iran, and on some other issues in which I include China, 5G, Huawei, that cluster of issues, is that the President and the US Government fully understands that in the next few days the UK Government has a singular focus on the Brexit issue, so that we are not hoping for anything on these broad and complex questions,” he said.“We just ask that, as issues come up, we resolve them individually and we reserve the time to have a larger conversation on some of these important issues at a moment that is really right for the new government. We just felt we owe them that.“Obviously we have views on these issues, I think that is appreciated by the new government. They said in particular that looking really from square one on the Huawei issue that they were very concerned about not having any compromise in the security of telecommunications in the 5G space.”He added: “We don’t want to put you under pressure on these issues. There will be time enough to talk, that is really all we ask for.”In May 2019 the US published its negotiating objectives for a future trade deal with the UK.These suggest that Britain will not enjoy softer treatment compared to other US allies in any trade deal.The blueprint indicates that the nation would demand greater access to food markets, allowing it to sell the UK chlorine-washed chicken and hormone-pumped beef.The objectives also suggest “full market access for US products”, which could potentially lead to spiralling NHS drug costs.Mr Bolton criticised the EU for its approach to Brexit, while talking to journalists after his meeting with the prime minister.“The fashion in the European Union when the people vote the wrong way from the way that the elites want to go, is to make the peasants vote again and again until they get it right,” he said.He added that it was ”hard to imagine” people in the UK did not know “what was at stake” when they voted to leave the EU in 2016.Additional reporting by agencies


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  • 62/76   Huawei Hires Trade Lobbyists as Sales Slow in U.S.-China Fight
    WORLD TOPIC NEWS

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Huawei Technologies Co. hired the law firm Sidley Austin LLP to lobby on trade as the U.S. pressures allies to join it in blacklisting the Chinese telecom giant and the company finds itself increasingly mired in President Donald Trump’s trade war with Beijing.The lobbying, which began in July, will focus on export controls, trade sanctions “and other national security-related topics,” according to a disclosure filed with the U.S. Senate. The document shows that Huawei is deepening its ties to Sidley Austin, which is already working on the company’s legal challenges in the U.S., while also ramping up its lobbying presence.Huawei, which is under an existential threat after the Trump administration blocked it from buying American technology over national-security concerns, has been drawn into the latest escalation of the trade war.Only six weeks ago, following a meeting in Japan with Chinese President Xi Jinping, Trump said he’d delay imposing some restrictions on U.S. companies’ sales to Huawei. The U.S. even invited companies to apply for licenses under an exemption to the Huawei ban.But Bloomberg reported on Aug. 8 that the White House was holding off any decisions on those licenses. The delay follows a series of rapid-fire, tit-for-tat moves including Trump announcing plans to impose tariffs on $300 billion of Chinese imports in September and China halting purchases of U.S farm goods. The U.S. also declared China a currency manipulator.Deepens TiesSidley Austin is already defending Huawei and a U.S. affiliate against charges that they defrauded at least four banks by concealing business dealings in Iran in violation of U.S. sanctions.U.S. prosecutors are seeking to disqualify the company’s lead lawyer in the case, James Cole, because they say his former role as the No. 2 at the Justice Department gave him access to classified information that represents an “obvious conflict of interest.” A hearing has been scheduled in the matter in September.Meng Wanzhou, Huawei’s chief financial officer and the daughter of its billionaire founder, Ren Zhengfei, is also charged in the case. She remains free on bail in Vancouver while she fights extradition to the U.S.Sidley is also representing Huawei in a suit against the U.S. over seizure of telecommunications equipment during an investigation into whether the gear required export licenses. Neither Cole nor the lawyers listed in that lawsuit are among the lobbyists on the disclosure.The Chinese company is one of the world’s biggest purchasers of semiconductors. Continuing those sales is crucial to the fortunes of chipmakers such as Intel Corp., Qualcomm Inc. and Broadcom Inc., who sent their chief executives to meet with Trump in July.Huawei has seen a dramatic slowdown in sales growth as it deals with the U.S. campaign.Alphabet Inc.’s Google stopped providing Huawei with a version of its Android operating system, which lets apps run and provides mobile security on smartphones. That means Huawei, the world’s second-biggest smartphone seller, can no longer pre-install Google’s popular apps, like Gmail and YouTube, on Huawei devices.To fight back, Huawei last week unveiled an in-house operating system, called HarmonyOS, saying it can replace Android if Google’s software is barred from its future smartphones. But Ren also said the company needed a lot more time to build an apps ecosystem, a requirement for any operating software to thrive in the long run.American OnslaughtHuawei, which the U.S. says poses a risk because it must cooperate with Beijing’s espionage agencies under Chinese law, is kicking off a yearslong overhaul to create an “iron army” that can help it survive an American onslaught while protecting its lead in next-generation wireless, Ren warned in an internal memo seen by Bloomberg News.The U.S. says Huawei can build backdoors into its equipment and that it has stolen other companies’ intellectual property. The Shenzhen-based company counters that governments and customers in 170 countries use its equipment, which poses no greater cybersecurity threat than that of any communications technology vendor. Huawei says that the campaign results from Washington’s realization that the U.S. has fallen behind in developing fifth-generation mobile networks.Huawei, which had all but shut down its Washington lobbying operation at the end of 2018, has also recently hired the law firms of Steptoe & Johnson LLP and Jones Day as lobbyists. After Samir Jain, a Jones Day partner who served on President Barack Obama’s National Security Council, registered to lobby for the company, Trump criticized the move in a tweet. The company says Jain will help with legal efforts and not lobby.Sidley Austin also represents the U.S. division of Chinese video surveillance company Hangzhou Hikvision Digital Technology Co., Alibaba Group Holding Ltd. and organizations with ties to the governments of Hong Kong and Russia, according to disclosures. It also represents Bloomberg LP, the owner of Bloomberg News.\--With assistance from Ian King, Jenny Leonard, Shawn Donnan, Mark Bergen and Bill Allison.To contact the reporter on this story: Ben Brody in Washington at btenerellabr@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Jillian Ward, Paula DwyerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Huawei Technologies Co. hired the law firm Sidley Austin LLP to lobby on trade as the U.S. pressures allies to join it in blacklisting the Chinese telecom giant and the company finds itself increasingly mired in President Donald Trump’s trade war with Beijing.The lobbying, which began in July, will focus on export controls, trade sanctions “and other national security-related topics,” according to a disclosure filed with the U.S. Senate. The document shows that Huawei is deepening its ties to Sidley Austin, which is already working on the company’s legal challenges in the U.S., while also ramping up its lobbying presence.Huawei, which is under an existential threat after the Trump administration blocked it from buying American technology over national-security concerns, has been drawn into the latest escalation of the trade war.Only six weeks ago, following a meeting in Japan with Chinese President Xi Jinping, Trump said he’d delay imposing some restrictions on U.S. companies’ sales to Huawei. The U.S. even invited companies to apply for licenses under an exemption to the Huawei ban.But Bloomberg reported on Aug. 8 that the White House was holding off any decisions on those licenses. The delay follows a series of rapid-fire, tit-for-tat moves including Trump announcing plans to impose tariffs on $300 billion of Chinese imports in September and China halting purchases of U.S farm goods. The U.S. also declared China a currency manipulator.Deepens TiesSidley Austin is already defending Huawei and a U.S. affiliate against charges that they defrauded at least four banks by concealing business dealings in Iran in violation of U.S. sanctions.U.S. prosecutors are seeking to disqualify the company’s lead lawyer in the case, James Cole, because they say his former role as the No. 2 at the Justice Department gave him access to classified information that represents an “obvious conflict of interest.” A hearing has been scheduled in the matter in September.Meng Wanzhou, Huawei’s chief financial officer and the daughter of its billionaire founder, Ren Zhengfei, is also charged in the case. She remains free on bail in Vancouver while she fights extradition to the U.S.Sidley is also representing Huawei in a suit against the U.S. over seizure of telecommunications equipment during an investigation into whether the gear required export licenses. Neither Cole nor the lawyers listed in that lawsuit are among the lobbyists on the disclosure.The Chinese company is one of the world’s biggest purchasers of semiconductors. Continuing those sales is crucial to the fortunes of chipmakers such as Intel Corp., Qualcomm Inc. and Broadcom Inc., who sent their chief executives to meet with Trump in July.Huawei has seen a dramatic slowdown in sales growth as it deals with the U.S. campaign.Alphabet Inc.’s Google stopped providing Huawei with a version of its Android operating system, which lets apps run and provides mobile security on smartphones. That means Huawei, the world’s second-biggest smartphone seller, can no longer pre-install Google’s popular apps, like Gmail and YouTube, on Huawei devices.To fight back, Huawei last week unveiled an in-house operating system, called HarmonyOS, saying it can replace Android if Google’s software is barred from its future smartphones. But Ren also said the company needed a lot more time to build an apps ecosystem, a requirement for any operating software to thrive in the long run.American OnslaughtHuawei, which the U.S. says poses a risk because it must cooperate with Beijing’s espionage agencies under Chinese law, is kicking off a yearslong overhaul to create an “iron army” that can help it survive an American onslaught while protecting its lead in next-generation wireless, Ren warned in an internal memo seen by Bloomberg News.The U.S. says Huawei can build backdoors into its equipment and that it has stolen other companies’ intellectual property. The Shenzhen-based company counters that governments and customers in 170 countries use its equipment, which poses no greater cybersecurity threat than that of any communications technology vendor. Huawei says that the campaign results from Washington’s realization that the U.S. has fallen behind in developing fifth-generation mobile networks.Huawei, which had all but shut down its Washington lobbying operation at the end of 2018, has also recently hired the law firms of Steptoe & Johnson LLP and Jones Day as lobbyists. After Samir Jain, a Jones Day partner who served on President Barack Obama’s National Security Council, registered to lobby for the company, Trump criticized the move in a tweet. The company says Jain will help with legal efforts and not lobby.Sidley Austin also represents the U.S. division of Chinese video surveillance company Hangzhou Hikvision Digital Technology Co., Alibaba Group Holding Ltd. and organizations with ties to the governments of Hong Kong and Russia, according to disclosures. It also represents Bloomberg LP, the owner of Bloomberg News.\--With assistance from Ian King, Jenny Leonard, Shawn Donnan, Mark Bergen and Bill Allison.To contact the reporter on this story: Ben Brody in Washington at btenerellabr@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Jillian Ward, Paula DwyerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 63/76   Trump Undecided on When to Release Middle East Peace Plan, Envoy Says
    WORLD TOPIC NEWS

    (Bloomberg) -- President Donald Trump hasn’t decided whether to unveil his Middle East peace plan before or after Israeli elections set for next month, and the U.S. hopes eventually to engage with the Palestinian Authority on an accord, special envoy Jason Greenblatt said.Greenblatt, who along with Trump’s son-in-law and senior adviser Jared Kushner has been drafting a Middle East peace proposal for the last two years, said the U.S. isn’t looking for regime change with the Palestinian Authority, which governs in the West Bank. But he signaled the U.S. would continue to avoid any dealings with Hamas, the Islamist group that rules the Gaza Strip.“We are not looking for a regime change, President Abbas is the leader of the Palestinians, so we hope that he will be able to come to the table,” Greenblatt said in an interview Monday on Bloomberg Television, referring to Palestinian Authority President Mahmoud Abbas. “We do hope to have continued engagement or an eventual re-engagement with the Palestinian Authority.”Greenblatt gave no indication of what the political plan would look like, but said Trump would have to “decide soon” whether to roll it out before the Israeli elections or after -- and whether to wait until after a new government has been formed. Those elections are set for Sept. 17 and surveys indicate a close race between blocs led by Prime Minister Benjamin Netanyahu and former military chief Benny Gantz. An election earlier this year ended in stalemate after Netanyahu failed to form a governing coalition.“This conflict will only be resolved by direct negotiations between the parties,” Greenblatt said. “It’s not for the United States or the European Union or the United Nations to demand how this conflict can be resolved.”Kushner promoted the economic component of his proposal in Bahrain in June, but the event was deliberately short on key political questions, and the conference didn’t include Palestinian officials. Kushner called for about $50 billion in proposed investments in the Palestinian territories and neighboring countries that host refugees.(Updates with additional comments from interview starting in fourth paragraph.)To contact the reporters on this story: Kevin Cirilli in New York at kcirilli@bloomberg.net;Nick Wadhams in Washington at nwadhams@bloomberg.netTo contact the editors responsible for this story: Bill Faries at wfaries@bloomberg.net, Joshua GalluFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- President Donald Trump hasn’t decided whether to unveil his Middle East peace plan before or after Israeli elections set for next month, and the U.S. hopes eventually to engage with the Palestinian Authority on an accord, special envoy Jason Greenblatt said.Greenblatt, who along with Trump’s son-in-law and senior adviser Jared Kushner has been drafting a Middle East peace proposal for the last two years, said the U.S. isn’t looking for regime change with the Palestinian Authority, which governs in the West Bank. But he signaled the U.S. would continue to avoid any dealings with Hamas, the Islamist group that rules the Gaza Strip.“We are not looking for a regime change, President Abbas is the leader of the Palestinians, so we hope that he will be able to come to the table,” Greenblatt said in an interview Monday on Bloomberg Television, referring to Palestinian Authority President Mahmoud Abbas. “We do hope to have continued engagement or an eventual re-engagement with the Palestinian Authority.”Greenblatt gave no indication of what the political plan would look like, but said Trump would have to “decide soon” whether to roll it out before the Israeli elections or after -- and whether to wait until after a new government has been formed. Those elections are set for Sept. 17 and surveys indicate a close race between blocs led by Prime Minister Benjamin Netanyahu and former military chief Benny Gantz. An election earlier this year ended in stalemate after Netanyahu failed to form a governing coalition.“This conflict will only be resolved by direct negotiations between the parties,” Greenblatt said. “It’s not for the United States or the European Union or the United Nations to demand how this conflict can be resolved.”Kushner promoted the economic component of his proposal in Bahrain in June, but the event was deliberately short on key political questions, and the conference didn’t include Palestinian officials. Kushner called for about $50 billion in proposed investments in the Palestinian territories and neighboring countries that host refugees.(Updates with additional comments from interview starting in fourth paragraph.)To contact the reporters on this story: Kevin Cirilli in New York at kcirilli@bloomberg.net;Nick Wadhams in Washington at nwadhams@bloomberg.netTo contact the editors responsible for this story: Bill Faries at wfaries@bloomberg.net, Joshua GalluFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 64/76   U.K. Doesn’t See EU Moving on Brexit for at Least a Month
    WORLD TOPIC NEWS

    (Bloomberg) -- The U.K. government doesn’t expect the European Union to shift its Brexit position for at least a month while it waits to see how British politicians opposed to leaving the bloc play their hand in Parliament, according to a person familiar with the matter.Prime Minister Boris Johnson reiterated his position on Monday that to strike a divorce deal, the EU must reopen the withdrawal agreement it negotiated with his predecessor, Theresa May. In calls with Portuguese premier Antonio Costa and his Belgian counterpart Charles Michel, Johnson said any deal must abolish the so-called Irish backstop, a fall-back position designed to keep the border with Ireland -- the U.K.’s land frontier with the EU -- free of checks.That’s something EU leaders have said they won’t accept, and Johnson has promised to deliver Brexit “do or die,” with or without a deal, by Oct. 31.But members of Parliament who oppose a no-deal Brexit are plotting ways to frustrate him, and that means Johnson’s standoff with the EU is likely to continue until Parliament returns in September as the bloc waits to see if they can tie the government’s hands, according to the person, who asked not to be named discussing the administration’s thinking. Sept. 9 is shaping up to be the date when those rebels could act, the person said.Stopping BrexitThat’s because under an amendment to legislation forced through by Tory rebels last month, the government is required to make a statement Sept. 4 about progress toward restoring the Northern Ireland Executive, and hold a debate five days later. MPs opposed to a no-deal Brexit could use that to seize control of Parliament’s agenda, a necessary first step if they want to prevent the U.K. from leaving the EU without a divorce agreement.The debate, and votes around it, will be a first indication of the strength of the no-deal Brexit opposition in Parliament, and whether there is a route to tying Johnson’s hands. After that, the EU will have a clearer idea of what parliamentary rebels are able to do, the person said.Some MPs are working to prevent Johnson from calling a general election before Oct. 31 to force through a no-deal Brexit, according to a strategy memo seen by Bloomberg and reported by the Times newspaper.The document by the People’s Vote campaign, signed by Tory rebel Dominic Grieve and Labour MP Margaret Beckett, calls for MPs to defeat the government in a no-confidence vote. Rather than use the 14-day period that follows to try to form a government, the plan says politicians should use the time to try to legislate to compel the government to delay Brexit.Election RiskThe prospect of fighting a general election with Brexit delayed could compel more Conservative politicians -- and even Johnson himself -- to accept the need for a second referendum, Grieve and Beckett write.They also warned that too much focus on which parliamentary processes they could use to prevent a no-deal Brexit risks playing into the government’s preferred narrative that politicians “are frustrating rather than protecting democracy.” Rather, MPs must “reassert with clarity and conviction the democratic principles that underpin our campaign,” they wrote.In the meantime, the EU standoff continues. Though the prime minister has spoken by phone with EU leaders including German Chancellor Angela Merkel and French President Emmanuel Macron since taking office last month, he’s yet to meet them in person. He’s due to meet both at the Group of Seven summit in Biarritz, France at the end of August.Johnson is prepared to meet with leaders face-to-face to lay out his position, but no negotiation is really possible until the bloc retreats from its red line on re-opening the withdrawal agreement, the person familiar with the matter said.There’s no indication Johnson is preparing to back down, and there are growing signs that his government is preparing for an early general election. Johnson has announced a slew of domestic policy initiatives including hiring more police, expanding prisons and plowing more cash into the National Health Service.“This is a pre-election period,” Labour’s home affairs spokeswoman, Diane Abbott, told BBC radio on Monday. “Even if he doesn’t go ahead and have an election in the autumn, he’s clearing the ground.”(Updates with Remain MPs’ strategy in seventh paragraph.)To contact the reporters on this story: Alex Morales in London at amorales2@bloomberg.net;Robert Hutton in London at rhutton1@bloomberg.net;Jessica Shankleman in London at jshankleman@bloomberg.netTo contact the editors responsible for this story: Tim Ross at tross54@bloomberg.net, Stuart Biggs, Robert HuttonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- The U.K. government doesn’t expect the European Union to shift its Brexit position for at least a month while it waits to see how British politicians opposed to leaving the bloc play their hand in Parliament, according to a person familiar with the matter.Prime Minister Boris Johnson reiterated his position on Monday that to strike a divorce deal, the EU must reopen the withdrawal agreement it negotiated with his predecessor, Theresa May. In calls with Portuguese premier Antonio Costa and his Belgian counterpart Charles Michel, Johnson said any deal must abolish the so-called Irish backstop, a fall-back position designed to keep the border with Ireland -- the U.K.’s land frontier with the EU -- free of checks.That’s something EU leaders have said they won’t accept, and Johnson has promised to deliver Brexit “do or die,” with or without a deal, by Oct. 31.But members of Parliament who oppose a no-deal Brexit are plotting ways to frustrate him, and that means Johnson’s standoff with the EU is likely to continue until Parliament returns in September as the bloc waits to see if they can tie the government’s hands, according to the person, who asked not to be named discussing the administration’s thinking. Sept. 9 is shaping up to be the date when those rebels could act, the person said.Stopping BrexitThat’s because under an amendment to legislation forced through by Tory rebels last month, the government is required to make a statement Sept. 4 about progress toward restoring the Northern Ireland Executive, and hold a debate five days later. MPs opposed to a no-deal Brexit could use that to seize control of Parliament’s agenda, a necessary first step if they want to prevent the U.K. from leaving the EU without a divorce agreement.The debate, and votes around it, will be a first indication of the strength of the no-deal Brexit opposition in Parliament, and whether there is a route to tying Johnson’s hands. After that, the EU will have a clearer idea of what parliamentary rebels are able to do, the person said.Some MPs are working to prevent Johnson from calling a general election before Oct. 31 to force through a no-deal Brexit, according to a strategy memo seen by Bloomberg and reported by the Times newspaper.The document by the People’s Vote campaign, signed by Tory rebel Dominic Grieve and Labour MP Margaret Beckett, calls for MPs to defeat the government in a no-confidence vote. Rather than use the 14-day period that follows to try to form a government, the plan says politicians should use the time to try to legislate to compel the government to delay Brexit.Election RiskThe prospect of fighting a general election with Brexit delayed could compel more Conservative politicians -- and even Johnson himself -- to accept the need for a second referendum, Grieve and Beckett write.They also warned that too much focus on which parliamentary processes they could use to prevent a no-deal Brexit risks playing into the government’s preferred narrative that politicians “are frustrating rather than protecting democracy.” Rather, MPs must “reassert with clarity and conviction the democratic principles that underpin our campaign,” they wrote.In the meantime, the EU standoff continues. Though the prime minister has spoken by phone with EU leaders including German Chancellor Angela Merkel and French President Emmanuel Macron since taking office last month, he’s yet to meet them in person. He’s due to meet both at the Group of Seven summit in Biarritz, France at the end of August.Johnson is prepared to meet with leaders face-to-face to lay out his position, but no negotiation is really possible until the bloc retreats from its red line on re-opening the withdrawal agreement, the person familiar with the matter said.There’s no indication Johnson is preparing to back down, and there are growing signs that his government is preparing for an early general election. Johnson has announced a slew of domestic policy initiatives including hiring more police, expanding prisons and plowing more cash into the National Health Service.“This is a pre-election period,” Labour’s home affairs spokeswoman, Diane Abbott, told BBC radio on Monday. “Even if he doesn’t go ahead and have an election in the autumn, he’s clearing the ground.”(Updates with Remain MPs’ strategy in seventh paragraph.)To contact the reporters on this story: Alex Morales in London at amorales2@bloomberg.net;Robert Hutton in London at rhutton1@bloomberg.net;Jessica Shankleman in London at jshankleman@bloomberg.netTo contact the editors responsible for this story: Tim Ross at tross54@bloomberg.net, Stuart Biggs, Robert HuttonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 65/76   Bolton says US to 'move very quickly' on post-Brexit trade deal
    WORLD TOPIC NEWS

    US National Security Advisor John Bolton said Monday that Washington wanted 'to move very quickly' on a trade deal with Britain after it leaves the EU, and that the White House would wait until after Brexit to address various security concerns.  The hawkish White House aide spoke in London after becoming the most senior official from Donald Trump's administration to meet Prime Minister Boris Johnson since he succeeded Theresa May as UK government leader last month.

    US National Security Advisor John Bolton said Monday that Washington wanted 'to move very quickly' on a trade deal with Britain after it leaves the EU, and that the White House would wait until after Brexit to address various security concerns. The hawkish White House aide spoke in London after becoming the most senior official from Donald Trump's administration to meet Prime Minister Boris Johnson since he succeeded Theresa May as UK government leader last month.


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  • 66/76   Clashes undermine fragile truce over Jerusalem holy site
    WORLD TOPIC NEWS

    It wasn't inevitable that the overlap of Jewish and Muslim holidays would lead to clashes at a Jerusalem site deeply revered by both faiths.  After an outcry by right-wing Israeli leaders, the police reversed an earlier decision to bar the Jewish visitors and let them in, as stun grenades echoed and tear gas filled the air.

    It wasn't inevitable that the overlap of Jewish and Muslim holidays would lead to clashes at a Jerusalem site deeply revered by both faiths. After an outcry by right-wing Israeli leaders, the police reversed an earlier decision to bar the Jewish visitors and let them in, as stun grenades echoed and tear gas filled the air.


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  • 67/76   Russian nuclear body says deadly blast was caused by nuclear power project, not powerful new missile
    WORLD TOPIC NEWS

    A mysterious explosion that killed five nuclear scientists on Russia’s northern frontier last week was caused by a nuclear power generator, Russia’s Rosatom state nuclear concern has said following reports the blast was related to a state-of-the art nuclear missile.  Monitors in nearby Severodvinsk said they detected a temporary spike in radiation levels after the incident on Thursday, something the military denied. Unconfirmed videos showed medical personnel wearing hazmat suits handling casualties. Rosatom only confirmed the death of five specialists from one of its premier research institutes on Saturday, three days later. The company statement said only that they died during the testing of an “isotopic source of power on a liquid-fuel propulsion system.” The specialists worked at VNIIEF, the All-Russian Scientific Research Institute of Experimental Physics, where Soviet scientists worked to create the nation’s first atomic bomb.  In separate video statement on Sunday, the head of the institute, Vyacheslav Solovyov, suggested that the five specialists were working on experimental, miniaturised nuclear power sources, including radioisotope thermoelectric generators or a new type of small nuclear reactor.  Neither statement suggested the specialists were working on a missile.  However, the admission that the accident involved some kind of rocket engine and the lack of transparency around the event have sparked speculation that the specialists were indeed the first casualties of one of Vladimir Putin’s new doomsday weapons. The weapon in question is known in Russia as Burevestnik, while Nato calls it Skyfall. It is believed to feature a radical design, in which a small nuclear reactor heats air passing through an air intake, while the expanding gas blasts out the back. Such a concept promises nearly infinite range.  Such a missile would need to first be launched by a conventional rocket, since the nuclear propulsion system is a type of ramjet, which needs to hit a certain speed before activating.  Details of the incident, however, continue to be scant, and other explanations are possible.  An alternative theory is that the blast was caused by a disastrous test of a nuclear space engine for future missions to Mars. Rosatom announced one such project a decade ago, though little has since been heard of it.

    A mysterious explosion that killed five nuclear scientists on Russia’s northern frontier last week was caused by a nuclear power generator, Russia’s Rosatom state nuclear concern has said following reports the blast was related to a state-of-the art nuclear missile.  Monitors in nearby Severodvinsk said they detected a temporary spike in radiation levels after the incident on Thursday, something the military denied. Unconfirmed videos showed medical personnel wearing hazmat suits handling casualties. Rosatom only confirmed the death of five specialists from one of its premier research institutes on Saturday, three days later. The company statement said only that they died during the testing of an “isotopic source of power on a liquid-fuel propulsion system.” The specialists worked at VNIIEF, the All-Russian Scientific Research Institute of Experimental Physics, where Soviet scientists worked to create the nation’s first atomic bomb.  In separate video statement on Sunday, the head of the institute, Vyacheslav Solovyov, suggested that the five specialists were working on experimental, miniaturised nuclear power sources, including radioisotope thermoelectric generators or a new type of small nuclear reactor.  Neither statement suggested the specialists were working on a missile.  However, the admission that the accident involved some kind of rocket engine and the lack of transparency around the event have sparked speculation that the specialists were indeed the first casualties of one of Vladimir Putin’s new doomsday weapons. The weapon in question is known in Russia as Burevestnik, while Nato calls it Skyfall. It is believed to feature a radical design, in which a small nuclear reactor heats air passing through an air intake, while the expanding gas blasts out the back. Such a concept promises nearly infinite range.  Such a missile would need to first be launched by a conventional rocket, since the nuclear propulsion system is a type of ramjet, which needs to hit a certain speed before activating.  Details of the incident, however, continue to be scant, and other explanations are possible.  An alternative theory is that the blast was caused by a disastrous test of a nuclear space engine for future missions to Mars. Rosatom announced one such project a decade ago, though little has since been heard of it.


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  • 68/76   Trump administration rolls back vital protections for animals at risk of extinction
    WORLD TOPIC NEWS

    The Trump administration has introduced broad changes to America’s signature environmental law, in a move critics say will drive more endangered animals and plants to extinction. Interior secretary David Bernhardt unveiled a series of changes on Monday, one of which will end blanket protections for animals newly deemed threatened by extinction.Another change will allow government agencies for the first time to consider the financial cost of protecting certain species.The current form of the Endangered Species Act ensures that only science must be taken into account when deciding if animals are in danger.That prohibition has meant that industries, such as logging and mining, were unable to lobby for protections to be rolled back on economic grounds.Authorities will now consider financial implications when deciding if species need protecting.The Trump administration will also make it easier to remove species from the endangered list.The alterations will also allow authorities to disregard the impact of climate change, when designating areas as a critical habitat for threatened species.US Fish and Wildlife Service official Margaret Everson said the changes “provide the maximum degree of regulatory certainty” while protecting species. The Trump administration says the changes would make regulation more efficient and less burdensome while preserving protections for wildlife. At least 10 state attorneys general joined conservation groups, which have promised legal action, in protesting against an early draft of the changes, saying they put more wildlife at greater risk of extinction.“This effort to gut protections for endangered and threatened species has the same two features of most Trump administration actions: it’s a gift to industry, and it’s illegal. We’ll see the Trump administration in court about it,” said Drew Caputo, a vice president of litigation for the conservation advocacy group Earthjustice. “These changes crash a bulldozer through the Endangered Species Act’s lifesaving protections for America’s most vulnerable wildlife,” added Noah Greenwald, the Center for Biological Diversity’s endangered species director.“For animals like wolverines and monarch butterflies, this could be the beginning of the end.“We’ll fight the Trump administration in court to block this rewrite, which only serves the oil industry and other polluters who see endangered species as pesky inconveniences.”The Endangered Species Act currently protects more than 1,600 species in the US and its territories.A United Nations report warned in May that more than a million plants and animals globally face extinction, some within decades, owing to human development, climate change and other threats. The report called the rate of species loss a record. The 1973 act is credited with helping save the bald eagle, California condor and scores of other animals and plants from extinction since President Richard Nixon signed it into law.Additional reporting by AP

    The Trump administration has introduced broad changes to America’s signature environmental law, in a move critics say will drive more endangered animals and plants to extinction. Interior secretary David Bernhardt unveiled a series of changes on Monday, one of which will end blanket protections for animals newly deemed threatened by extinction.Another change will allow government agencies for the first time to consider the financial cost of protecting certain species.The current form of the Endangered Species Act ensures that only science must be taken into account when deciding if animals are in danger.That prohibition has meant that industries, such as logging and mining, were unable to lobby for protections to be rolled back on economic grounds.Authorities will now consider financial implications when deciding if species need protecting.The Trump administration will also make it easier to remove species from the endangered list.The alterations will also allow authorities to disregard the impact of climate change, when designating areas as a critical habitat for threatened species.US Fish and Wildlife Service official Margaret Everson said the changes “provide the maximum degree of regulatory certainty” while protecting species. The Trump administration says the changes would make regulation more efficient and less burdensome while preserving protections for wildlife. At least 10 state attorneys general joined conservation groups, which have promised legal action, in protesting against an early draft of the changes, saying they put more wildlife at greater risk of extinction.“This effort to gut protections for endangered and threatened species has the same two features of most Trump administration actions: it’s a gift to industry, and it’s illegal. We’ll see the Trump administration in court about it,” said Drew Caputo, a vice president of litigation for the conservation advocacy group Earthjustice. “These changes crash a bulldozer through the Endangered Species Act’s lifesaving protections for America’s most vulnerable wildlife,” added Noah Greenwald, the Center for Biological Diversity’s endangered species director.“For animals like wolverines and monarch butterflies, this could be the beginning of the end.“We’ll fight the Trump administration in court to block this rewrite, which only serves the oil industry and other polluters who see endangered species as pesky inconveniences.”The Endangered Species Act currently protects more than 1,600 species in the US and its territories.A United Nations report warned in May that more than a million plants and animals globally face extinction, some within decades, owing to human development, climate change and other threats. The report called the rate of species loss a record. The 1973 act is credited with helping save the bald eagle, California condor and scores of other animals and plants from extinction since President Richard Nixon signed it into law.Additional reporting by AP


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  • 69/76   Iran's Zarif blasts US arms sales to Gulf
    WORLD TOPIC NEWS

    Iran's Foreign Minister Mohammad Javad Zarif accused the United States on Monday of transforming the Gulf into a 'tinderbox' with its arms sales to regional allies.  Some of the countries in the region with less than a third of our population spend $87 billion on military procurement,' Zarif told Qatar's Al Jazeera broadcaster during a visit to the Gulf state.  Washington is pursuing a 'maximum pressure' campaign designed to force Iran to limit its nuclear and military activities.

    Iran's Foreign Minister Mohammad Javad Zarif accused the United States on Monday of transforming the Gulf into a 'tinderbox' with its arms sales to regional allies. Some of the countries in the region with less than a third of our population spend $87 billion on military procurement,' Zarif told Qatar's Al Jazeera broadcaster during a visit to the Gulf state. Washington is pursuing a 'maximum pressure' campaign designed to force Iran to limit its nuclear and military activities.


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  • 70/76   Get These 4 Vaccines for College
    HEALTH TOPIC NEWS

    If your child is a college student—or soon to be one—making sure he or she is fully vaccinated is critically important, especially for those who will be living in a dorm or other shared space. Th...

    If your child is a college student—or soon to be one—making sure he or she is fully vaccinated is critically important, especially for those who will be living in a dorm or other shared space. Th...


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  • 71/76   DNA detectives: New tech can mean a diagnosis for your child, but not a lot of answers
    HEALTH TOPIC NEWS

    Four-year-old Eli Kadkhoda is one of a handful of children with IRF2BPL-related condition, named after the gene to which it is linked. Its patients are all healthy at birth, stumbling and losing speech by kindergarten, wheelchair-dependent soon after.

    Four-year-old Eli Kadkhoda is one of a handful of children with IRF2BPL-related condition, named after the gene to which it is linked. Its patients are all healthy at birth, stumbling and losing speech by kindergarten, wheelchair-dependent soon after.


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  • 72/76   Will Your Health Insurance Cover You Overseas?
    HEALTH TOPIC NEWS

    If you’re traveling abroad this summer, the last thing you probably want to think about is what you’ll do if you get sick or injured. But experts say 15 percent of travelers encounter some kind o...

    If you’re traveling abroad this summer, the last thing you probably want to think about is what you’ll do if you get sick or injured. But experts say 15 percent of travelers encounter some kind o...


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  • 73/76   9 Easy Ways to Make Your Jack-o'-Lanterns Last Longer
    HEALTH TOPIC NEWS

    A little bleach goes a long way.

    A little bleach goes a long way.


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  • 74/76   Don't Forget These Vaccines When You Travel
    HEALTH TOPIC NEWS

    If you're planning a summer trip overseas, you may be preoccupied with booking airfare and finding lodging, but certain destinations require an extra step of planning: travel vaccines. You might...

    If you're planning a summer trip overseas, you may be preoccupied with booking airfare and finding lodging, but certain destinations require an extra step of planning: travel vaccines. You might...


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  • 75/76   How to Get Kids to Wear Sunscreen
    HEALTH TOPIC NEWS

    Being a kid in the summer is often about playing outside, but if you don’t protect your child from the sun’s ultraviolet rays, he or she has a greater chance of developing skin cancer as an adult...

    Being a kid in the summer is often about playing outside, but if you don’t protect your child from the sun’s ultraviolet rays, he or she has a greater chance of developing skin cancer as an adult...


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  • 76/76   Get a Good Sunscreen at a Great Price
    HEALTH TOPIC NEWS

    No doubt about it: If you’re using sunscreen properly, you’re going to go through a lot of it over the course of a summer. Let’s do the math. It takes a full ounce to cover your body, and you nee...

    No doubt about it: If you’re using sunscreen properly, you’re going to go through a lot of it over the course of a summer. Let’s do the math. It takes a full ounce to cover your body, and you nee...


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