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News Slideshows (09/11/2019 15 hours)


  • 1/79   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


    World Trade Center   Donovan Mitchell   Gobert   God Bless America   Ground Zero   Twin Towers   Happy Chuseok   Sioux Falls   Thibs   Shanksville   Todd Beamer   Fournier   Frank Ntilikina   Frankie Smokes   Airplanes   london stock exchange   Leaving the White House   Today is the 18th   The Blueprint   18 Years   President Bush   
  • 2/79   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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  • 3/79   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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  • 4/79   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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  • 5/79   '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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  • 6/79   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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  • 7/79   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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  • 8/79   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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  • 9/79   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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  • 10/79   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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  • 11/79   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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  • 12/79   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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  • 13/79   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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  • 14/79   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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  • 15/79   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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  • 16/79   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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  • 17/79   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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  • 18/79   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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  • 19/79   China to boost pork output as swine fever drives up prices
    TECHNOLOGY TOPIC NEWS

    China is launching a nationwide initiative to boost pork production following a price spike blamed on a devastating outbreak of African swine fever.  The government will take steps to accelerate the revival of hog production, prevent and control African swine fever and upgrade farms to further ensure pork supply and stable prices, officials from several ministries said at a joint news conference Wednesday.  'We are confident and capable of rising to the challenge, dissolving the risks and doing well in keeping prices in the pig market stable,' said Peng Shaozong of the National Development and Reform Commission.

    China is launching a nationwide initiative to boost pork production following a price spike blamed on a devastating outbreak of African swine fever. The government will take steps to accelerate the revival of hog production, prevent and control African swine fever and upgrade farms to further ensure pork supply and stable prices, officials from several ministries said at a joint news conference Wednesday. 'We are confident and capable of rising to the challenge, dissolving the risks and doing well in keeping prices in the pig market stable,' said Peng Shaozong of the National Development and Reform Commission.


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  • 20/79   Boris Johnson’s Suspension of Parliament is Unlawful, Scottish Court Rules
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Follow @Brexit and sign up to our Brexit Bulletin. Prime Minister Boris Johnson lost a Scottish court ruling on the suspension of Parliament, throwing the deadlocked British political system into even greater confusion ahead of the Oct. 31 Brexit date.The court, in a short ruling, said that the purpose of the Prime Minister’s move was to unlawfully “stymie” Parliament. The unanimous decision Wednesday by a panel of Edinburgh appeal judges will set up a showdown in the U.K. Supreme Court, which will take up the issue next week.“My message to Boris Johnson is you are playing fast and loose with the law,” Ian Blackford, a Scottish member of Parliament, said in a tweet. “You have acted in an anti-democratic manner and need to respond by recalling Parliament.”While Johnson had suffered several political defeats in Parliament, until now he had fared better in court with victories in London and at a lower court in Edinburgh. The threat of prorogation galvanized Labour politicians and a group of Conservative rebels into passing a bill requiring the prime minister to push back the date when the U.K. leaves the European Union if he can’t get a deal in Brussels.A group of more than 70 lawmakers had argued that the prime minister’s move -- which took effect Monday night -- was unconstitutional because it curtailed debate in the run-up to the deadline for Britain’s exit from the EU.“I have never been able to contemplate the possibility that the law could be that our sovereign Parliament might be treated as an inconvenience by the Prime Minister,” Jolyon Maugham, the attorney spearheading the Scottish case, said after the ruling. “I am pleased that Scotland’s highest court agrees.”The three judges didn’t issue an interim order on whether Parliament can sit in the meantime, but Maugham said he believed that lawmakers could convene immediately.Johnson’s move to prorogue was unlawful, the judges said, because it was motivated by the “improper purpose” of stymieing Parliament.“This was an egregious case of a clear failure to comply with generally accepted standards of behavior of public authorities,” Judge Philip Brodie said in the ruling.The government said it was disappointed with the decision and would appeal the case to the top court.“The U.K. government needs to bring forward a strong domestic legislative agenda,” the government said in a statement. “Proroguing Parliament is the legal and necessary way of delivering this.”The legal action now moves to a hearing before the country’s top court on Sept. 17. The panel of nine Supreme Court judges will need to reconcile a different judgment from London last week.The full ruling from the London case, issued by three of England’s most senior judges, focused on the lack of clarity around rules for the suspension of Parliament.The London court, in contrast to their Scottish counterparts, also said that Johnson’s motivation wasn’t an issue.Even if prorogation was “designed to advance the Government’s political agenda regarding withdrawal from the European Union rather than preparations for the Queen’s Speech, that is not territory in which a court can enter with judicial review,” the judges said in the full text of the ruling released Wednesday after a short initial judgment was issued Sept. 6.A court in Northern Ireland is also set to rule on the matter on Thursday. The Belfast case also involves the question of whether a no-deal Brexit would violate the Good Friday peace accord.(Adds Supreme Court panel makeup in 10th paragraph.)To contact the reporters on this story: Alastair Reed in Edinburgh at areed12@bloomberg.net;Jonathan Browning in London at jbrowning9@bloomberg.netTo contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Follow @Brexit and sign up to our Brexit Bulletin. Prime Minister Boris Johnson lost a Scottish court ruling on the suspension of Parliament, throwing the deadlocked British political system into even greater confusion ahead of the Oct. 31 Brexit date.The court, in a short ruling, said that the purpose of the Prime Minister’s move was to unlawfully “stymie” Parliament. The unanimous decision Wednesday by a panel of Edinburgh appeal judges will set up a showdown in the U.K. Supreme Court, which will take up the issue next week.“My message to Boris Johnson is you are playing fast and loose with the law,” Ian Blackford, a Scottish member of Parliament, said in a tweet. “You have acted in an anti-democratic manner and need to respond by recalling Parliament.”While Johnson had suffered several political defeats in Parliament, until now he had fared better in court with victories in London and at a lower court in Edinburgh. The threat of prorogation galvanized Labour politicians and a group of Conservative rebels into passing a bill requiring the prime minister to push back the date when the U.K. leaves the European Union if he can’t get a deal in Brussels.A group of more than 70 lawmakers had argued that the prime minister’s move -- which took effect Monday night -- was unconstitutional because it curtailed debate in the run-up to the deadline for Britain’s exit from the EU.“I have never been able to contemplate the possibility that the law could be that our sovereign Parliament might be treated as an inconvenience by the Prime Minister,” Jolyon Maugham, the attorney spearheading the Scottish case, said after the ruling. “I am pleased that Scotland’s highest court agrees.”The three judges didn’t issue an interim order on whether Parliament can sit in the meantime, but Maugham said he believed that lawmakers could convene immediately.Johnson’s move to prorogue was unlawful, the judges said, because it was motivated by the “improper purpose” of stymieing Parliament.“This was an egregious case of a clear failure to comply with generally accepted standards of behavior of public authorities,” Judge Philip Brodie said in the ruling.The government said it was disappointed with the decision and would appeal the case to the top court.“The U.K. government needs to bring forward a strong domestic legislative agenda,” the government said in a statement. “Proroguing Parliament is the legal and necessary way of delivering this.”The legal action now moves to a hearing before the country’s top court on Sept. 17. The panel of nine Supreme Court judges will need to reconcile a different judgment from London last week.The full ruling from the London case, issued by three of England’s most senior judges, focused on the lack of clarity around rules for the suspension of Parliament.The London court, in contrast to their Scottish counterparts, also said that Johnson’s motivation wasn’t an issue.Even if prorogation was “designed to advance the Government’s political agenda regarding withdrawal from the European Union rather than preparations for the Queen’s Speech, that is not territory in which a court can enter with judicial review,” the judges said in the full text of the ruling released Wednesday after a short initial judgment was issued Sept. 6.A court in Northern Ireland is also set to rule on the matter on Thursday. The Belfast case also involves the question of whether a no-deal Brexit would violate the Good Friday peace accord.(Adds Supreme Court panel makeup in 10th paragraph.)To contact the reporters on this story: Alastair Reed in Edinburgh at areed12@bloomberg.net;Jonathan Browning in London at jbrowning9@bloomberg.netTo contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 21/79   Oil Rises as Falling U.S. Stockpiles Offset Bolton’s Exit
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Oil rose as industry data showed a decline in American stockpiles, countering speculation that the ouster of U.S. National Security Adviser John Bolton may lead to a less hawkish approach on Iran and Venezuela.Futures added as much as 1.6% in New York, after dipping 0.8% on Tuesday. The American Petroleum Institute reported a 7.23 million-barrel weekly drop in crude inventories, according to people familiar with the figures. That’s a steeper decline than forecast in a Bloomberg survey, ahead of government data due later Wednesday.Oil is still down about 12% from its peak in April as a deepening trade dispute between the U.S. and China dents the global demand outlook. Prices fell on Tuesday -- halting a four-day gain -- after Bolton’s exit gave the market some supply comfort. Yet the API’s stockpile data prompted a rebound.“Oil prices are regaining some ground this morning as attention shifts to U.S. oil inventories,” PVM Oil Associates analyst Stephen Brennock wrote in a report.West Texas Intermediate oil for October delivery rose 50 cents, or 0.9%, to $57.90 a barrel on the New York Mercantile Exchange as of 8:39 a.m. New York time.Brent for November settlement increased 60 cents, or 1%, to $62.98 a barrel on the ICE Futures Europe Exchange. The global benchmark traded at a $5.16 premium to WTI for the same month.See also: Bolton Exit Shifts Outlook in Oil Market Roiled by SanctionsU.S. crude stockpiles fell to about 423 million barrels in the week through Aug. 30, the lowest since October 2018, according to government data. A Bloomberg analyst survey shows the level shrinking by a further 2.9 million barrels last week, which would be a fourth weekly drop if confirmed by Energy Information Administration data on Wednesday.U.S. President Donald Trump said he fired Bolton after disagreeing with many of his positions. His adviser’s departure may be “a catalyst for a material de-escalation in the Iran standoff” and could bring back around 700,000 barrels a day of Iranian crude, possibly by the first quarter, said RBC Capital Markets’ Global Head of Commodity Strategy Helima Croft. Iran’s output has slumped 42% since May 2018, according to data compiled by Bloomberg.To contact the reporters on this story: Tsuyoshi Inajima in Tokyo at tinajima@bloomberg.net;Alex Longley in London at alongley@bloomberg.netTo contact the editors responsible for this story: Serene Cheong at scheong20@bloomberg.net, Christopher Sell, John DeaneFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Oil rose as industry data showed a decline in American stockpiles, countering speculation that the ouster of U.S. National Security Adviser John Bolton may lead to a less hawkish approach on Iran and Venezuela.Futures added as much as 1.6% in New York, after dipping 0.8% on Tuesday. The American Petroleum Institute reported a 7.23 million-barrel weekly drop in crude inventories, according to people familiar with the figures. That’s a steeper decline than forecast in a Bloomberg survey, ahead of government data due later Wednesday.Oil is still down about 12% from its peak in April as a deepening trade dispute between the U.S. and China dents the global demand outlook. Prices fell on Tuesday -- halting a four-day gain -- after Bolton’s exit gave the market some supply comfort. Yet the API’s stockpile data prompted a rebound.“Oil prices are regaining some ground this morning as attention shifts to U.S. oil inventories,” PVM Oil Associates analyst Stephen Brennock wrote in a report.West Texas Intermediate oil for October delivery rose 50 cents, or 0.9%, to $57.90 a barrel on the New York Mercantile Exchange as of 8:39 a.m. New York time.Brent for November settlement increased 60 cents, or 1%, to $62.98 a barrel on the ICE Futures Europe Exchange. The global benchmark traded at a $5.16 premium to WTI for the same month.See also: Bolton Exit Shifts Outlook in Oil Market Roiled by SanctionsU.S. crude stockpiles fell to about 423 million barrels in the week through Aug. 30, the lowest since October 2018, according to government data. A Bloomberg analyst survey shows the level shrinking by a further 2.9 million barrels last week, which would be a fourth weekly drop if confirmed by Energy Information Administration data on Wednesday.U.S. President Donald Trump said he fired Bolton after disagreeing with many of his positions. His adviser’s departure may be “a catalyst for a material de-escalation in the Iran standoff” and could bring back around 700,000 barrels a day of Iranian crude, possibly by the first quarter, said RBC Capital Markets’ Global Head of Commodity Strategy Helima Croft. Iran’s output has slumped 42% since May 2018, according to data compiled by Bloomberg.To contact the reporters on this story: Tsuyoshi Inajima in Tokyo at tinajima@bloomberg.net;Alex Longley in London at alongley@bloomberg.netTo contact the editors responsible for this story: Serene Cheong at scheong20@bloomberg.net, Christopher Sell, John DeaneFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 22/79   ECB faces key stimulus decision as Draghi era nears end
    TECHNOLOGY TOPIC NEWS

    Analysts say European Central Bank head Mario Draghi is preparing a new shot of stimulus to prop up economic growth and inflation, though doubts are growing about whether central banks like the ECB and the U.S. Federal Reserve can save the global economy by themselves.  The ECB is expected to cut a key interest rate Thursday and could take additional steps including launching bond purchases to pump newly created money into the economy.  Some ECB officials have questioned how much good another large blast of stimulus will do.

    Analysts say European Central Bank head Mario Draghi is preparing a new shot of stimulus to prop up economic growth and inflation, though doubts are growing about whether central banks like the ECB and the U.S. Federal Reserve can save the global economy by themselves. The ECB is expected to cut a key interest rate Thursday and could take additional steps including launching bond purchases to pump newly created money into the economy. Some ECB officials have questioned how much good another large blast of stimulus will do.


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  • 23/79   Aramco’s Long-Awaited IPO May Be Kryptonite to Saudi Stocks
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- It’s been at least three years in the making, but it’s just dawned on investors what a share sale by Saudi Aramco would do to the Arab world’s biggest stock exchange.The Tadawul All Share Index almost wiped out this year’s gains after the kingdom’s efforts to line up banks for the sale spurred market players to realize the initial public offering really is happening. About 85% of the index’s stocks fell.“All local index constituencies should suffer outflows,” said Slava Breusov, a senior analyst with the emerging and frontier equities team at AllianceBernstein in New York.The IPO is part of Crown Prince Mohammed bin Salman’s efforts to modernize the economy and diversify the nation’s revenue from oil, including turning the bourse into a gateway for foreign investment. The kingdom spent years relaxing rules for foreign traders and aligning its market with global peers, culminating in its inclusion in MSCI Inc. and FTSE Russell’s developing-nations equity benchmarks.The world’s most profitable company is planning a listing in Riyadh, and potentially another internationally, although the timings of either haven’t been announced. The energy giant is considering first selling around a 1% stake through a listing on the Saudi stock exchange, with the possibility of offering another 1% on the local bourse at a later date, one person with knowledge of the matter said.“Barring some sort of liquidity injection by the Saudi government, I would expect an Aramco local listing to be a drain on the rest of the market as Aramco’s behemoth size crowds out other local investments,” said Adam Choppin, an investment officer at FIS Group in Philadelphia.The stock index trimmed losses of as much as 2.5% to 1.4% at the close.What It’s WorthPrince Mohammed in 2016 valued Aramco at about $2 trillion, which means floating 1% would be valued at about $20 billion. That would account for about 4% of the market. To be sure, Bloomberg Intelligence values Aramco at $1.1 trillion because of the likelihood that Saudi Arabia will need to limit its output, and other analysts have said about $1.5 trillion. Brent crude at about $60 a barrel isn’t enough to fund the the kingdom’s budget, which needs prices at $80 a barrel or more.But even if Aramco’s worth is lower than the kingdom’s estimates, it would still dwarf other equities. Its profit in the first half of the year was more than four times the combined earnings of 170 Saudi publicly traded companies that reported earnings, according to data compiled by Bloomberg.And assuming the company’s valuation is about $1.5 trillion, a 1% listing would put Aramco at 5.2% of the main stock index, according to Mohamad Al Hajj, an equities strategist at EFG-Hermes in Dubai. That would dilute the dominance of other market heavyweights, such as Al Rajhi Bank, which currently accounts for 15% of the index. The equity would receive roughly $1.9 billion in inflows from MSCI and FTSE passive trackers alone, almost a tenth of total foreign inflows into the Saudi bourse so far this year.“Considering the size of Aramco’s IPO and its expected weight in indexes, the company will have a significant effect not only on the local gauge, but also on global indexes,” said AllianceBernstein’s Breusov.(Updates index performance in the seventh paragraph.)\--With assistance from Rim Oueidat.To contact the reporters on this story: Netty Ismail in Dubai at nismail3@bloomberg.net;Filipe Pacheco in Dubai at fpacheco4@bloomberg.netTo contact the editors responsible for this story: Dana El Baltaji at delbaltaji@bloomberg.net, Michael GunnFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- It’s been at least three years in the making, but it’s just dawned on investors what a share sale by Saudi Aramco would do to the Arab world’s biggest stock exchange.The Tadawul All Share Index almost wiped out this year’s gains after the kingdom’s efforts to line up banks for the sale spurred market players to realize the initial public offering really is happening. About 85% of the index’s stocks fell.“All local index constituencies should suffer outflows,” said Slava Breusov, a senior analyst with the emerging and frontier equities team at AllianceBernstein in New York.The IPO is part of Crown Prince Mohammed bin Salman’s efforts to modernize the economy and diversify the nation’s revenue from oil, including turning the bourse into a gateway for foreign investment. The kingdom spent years relaxing rules for foreign traders and aligning its market with global peers, culminating in its inclusion in MSCI Inc. and FTSE Russell’s developing-nations equity benchmarks.The world’s most profitable company is planning a listing in Riyadh, and potentially another internationally, although the timings of either haven’t been announced. The energy giant is considering first selling around a 1% stake through a listing on the Saudi stock exchange, with the possibility of offering another 1% on the local bourse at a later date, one person with knowledge of the matter said.“Barring some sort of liquidity injection by the Saudi government, I would expect an Aramco local listing to be a drain on the rest of the market as Aramco’s behemoth size crowds out other local investments,” said Adam Choppin, an investment officer at FIS Group in Philadelphia.The stock index trimmed losses of as much as 2.5% to 1.4% at the close.What It’s WorthPrince Mohammed in 2016 valued Aramco at about $2 trillion, which means floating 1% would be valued at about $20 billion. That would account for about 4% of the market. To be sure, Bloomberg Intelligence values Aramco at $1.1 trillion because of the likelihood that Saudi Arabia will need to limit its output, and other analysts have said about $1.5 trillion. Brent crude at about $60 a barrel isn’t enough to fund the the kingdom’s budget, which needs prices at $80 a barrel or more.But even if Aramco’s worth is lower than the kingdom’s estimates, it would still dwarf other equities. Its profit in the first half of the year was more than four times the combined earnings of 170 Saudi publicly traded companies that reported earnings, according to data compiled by Bloomberg.And assuming the company’s valuation is about $1.5 trillion, a 1% listing would put Aramco at 5.2% of the main stock index, according to Mohamad Al Hajj, an equities strategist at EFG-Hermes in Dubai. That would dilute the dominance of other market heavyweights, such as Al Rajhi Bank, which currently accounts for 15% of the index. The equity would receive roughly $1.9 billion in inflows from MSCI and FTSE passive trackers alone, almost a tenth of total foreign inflows into the Saudi bourse so far this year.“Considering the size of Aramco’s IPO and its expected weight in indexes, the company will have a significant effect not only on the local gauge, but also on global indexes,” said AllianceBernstein’s Breusov.(Updates index performance in the seventh paragraph.)\--With assistance from Rim Oueidat.To contact the reporters on this story: Netty Ismail in Dubai at nismail3@bloomberg.net;Filipe Pacheco in Dubai at fpacheco4@bloomberg.netTo contact the editors responsible for this story: Dana El Baltaji at delbaltaji@bloomberg.net, Michael GunnFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 24/79   Lam assures investors Hong Kong can rebound from protests
    TECHNOLOGY TOPIC NEWS

    Hong Kong Chief Executive Carrie Lam reassured foreign investors Wednesday that the Asian financial hub can rebound from months of protests, despite no sign that the unrest will subside.  Lam told a forum on China's Belt and Road infrastructure initiative that Hong Kong is grappling with the double whammy of the prolonged U.S.-Chinese trade war and the unrest involving mostly young protesters seeking democratic reforms.  The unrest has become increasingly violent and threatens the semi-autonomous Chinese territory's reputation as a global financial hub.

    Hong Kong Chief Executive Carrie Lam reassured foreign investors Wednesday that the Asian financial hub can rebound from months of protests, despite no sign that the unrest will subside. Lam told a forum on China's Belt and Road infrastructure initiative that Hong Kong is grappling with the double whammy of the prolonged U.S.-Chinese trade war and the unrest involving mostly young protesters seeking democratic reforms. The unrest has become increasingly violent and threatens the semi-autonomous Chinese territory's reputation as a global financial hub.


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  • 25/79   UK court rules Johnson's suspension of Parliament unlawful
    TECHNOLOGY TOPIC NEWS

    Britain's political opposition demanded Wednesday that Prime Minister Boris Johnson reverse his suspension of Parliament, after a court ruled that his decision to send lawmakers home less than two months before the U.K. is due to leave the European Union was unlawful.  Judges at Scotland's highest civil court said the government's action was illegal 'because it had the purpose of stymieing Parliament.' But the Court of Session judges said Britain's Supreme Court must make the final decision at a hearing next week.  Johnson claims he shut down the legislature this week so that he can start afresh on his domestic agenda at a new session of Parliament next month.

    Britain's political opposition demanded Wednesday that Prime Minister Boris Johnson reverse his suspension of Parliament, after a court ruled that his decision to send lawmakers home less than two months before the U.K. is due to leave the European Union was unlawful. Judges at Scotland's highest civil court said the government's action was illegal 'because it had the purpose of stymieing Parliament.' But the Court of Session judges said Britain's Supreme Court must make the final decision at a hearing next week. Johnson claims he shut down the legislature this week so that he can start afresh on his domestic agenda at a new session of Parliament next month.


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  • 26/79   Thomas Cook Group plc (LON:TCG): What Does Its Beta Value Mean For Your Portfolio?
    TECHNOLOGY TOPIC NEWS

    Anyone researching Thomas Cook Group plc (LON:TCG) might want to consider the historical volatility of the share...

    Anyone researching Thomas Cook Group plc (LON:TCG) might want to consider the historical volatility of the share...


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  • 27/79   How Top Analysts Are Reacting to Apple’s iPhone Release
    TECHNOLOGY TOPIC NEWS

    Just as Wall Street expected, Apple Inc. (AAPL– Get Report) unveiled its newest iPhone on September 10 sending shares up 1.2%. However, what did catch some investors off guard was the phone’s price tag. The tech giant cut the price of its least expensive model, with the iPhone 11 starting at $699. This is $50 less than the current iPhone XR’s price. AAPL’s newest online services also start at a lower cost than previously expected.According to TipRanks’ Trending Stocks, AAPL is trending the most out of any other stock in the consumer goods segment after its product launch. The tool is able to pinpoint which stocks have received the most analyst ratings in the last three days, with it able to filter the results by sector, market cap as well as the recommendation type.  With this in mind, we wanted to see what the Street’s top analysts had to say about AAPL’s latest iPhone release. Let’s take a closer look. What’s all the Buzz About?It was widely expected that the tech giant would launch its newest iPhone at its September 2019 Keynote, just as it has done every fall since 2011. In addition to the price drop, the new phones, available for pre-order starting September 13, will feature longer-lasting batteries, improved cameras as well as faster chips. The iPhone 11 is designed with two cameras on top of each other while the "Pro" models feature a triple camera layout. While these upgrades are important, they are by no means revolutionary. The significant takeaway from the event was the price point. While its new “Pro” models will still start at $999 and $1099, the same price as its equivalent prior-year models, the iPhone 11 price cut is surprising as AAPL raised the price from 2017 to 2018. The company also announced that the cost of its new streaming service, Apple TV+, will be significantly less than both Disney+ (DIS) and Netflix (NFLX). The service, which is slated to launch on November 1, boasts a $4.99 per month price tag. Apple Arcade, its subscription gaming service, will also start at only $4.99.At the event, the company also unveiled its updated Series 5 smart watch. The revamped watch features an always-on display and will start at $399, with AAPL keeping its current series 3 watch starting at $199. Its 7th generation iPad is priced at $329.  What Does This Mean for AAPL?It’s no secret that iPhone sales have experienced a slowdown thanks to maturation of the smartphone replacement cycle. It should be noted that this is expected to change when 5G capabilities are added to the phones, but this won’t happen until at least 2020.As a result, investors have been left wondering if a price drop and upgrades will be enough to entice customers to buy new iPhones.Nomura’s Jeff Kvaal doesn’t think so, calling the iPhone 11 launch “marginally disappointing”. “While investors may be tempted to look beyond the iPhone 11 cycle towards the more meaningful iPhone 12 upgrade, pitfalls remain in Apple's fiscal Q1,” he explained. Based on this, the four-star analyst reiterated his Hold rating and $185 average price target on September 11. He sees 15% downside potential for the stock.However, Piper Jaffray analyst Michael Olson disagrees as he believes that the lower iPhone price could give Apple a way to reach new customers, hooking them into its system of connected products. As a result, the five-star analyst reiterated his Buy rating and $243 price target on September 10. The price target reflects his confidence in AAPL’s potential to surge 12% over the next twelve months. Another top analyst, Daniel Ives, believes its streaming service rather than its phones could fuel major upside for the company. “The pricing of Apple’s streaming TV service at $4.99 per month is a showstopper and a major shot across the bow at the likes of Netflix and Disney, among others,” the Wedbush analyst explained. Based on this development, he kept his Buy rating and $245 price target. The four-star analyst believes shares could gain 13% in the next year.     The Consensus is…   All in all, Wall Street remains bullish on AAPL. 16 Buy ratings vs 11 Hold and 2 Sells received in the last three months add up to a ‘Moderate Buy’ analyst consensus. Its $224 average price target indicates 3% upside potential. Discover the Street’s best-rated stocks with the Top Analysts’ Stocks tool

    Just as Wall Street expected, Apple Inc. (AAPL– Get Report) unveiled its newest iPhone on September 10 sending shares up 1.2%. However, what did catch some investors off guard was the phone’s price tag. The tech giant cut the price of its least expensive model, with the iPhone 11 starting at $699. This is $50 less than the current iPhone XR’s price. AAPL’s newest online services also start at a lower cost than previously expected.According to TipRanks’ Trending Stocks, AAPL is trending the most out of any other stock in the consumer goods segment after its product launch. The tool is able to pinpoint which stocks have received the most analyst ratings in the last three days, with it able to filter the results by sector, market cap as well as the recommendation type. With this in mind, we wanted to see what the Street’s top analysts had to say about AAPL’s latest iPhone release. Let’s take a closer look. What’s all the Buzz About?It was widely expected that the tech giant would launch its newest iPhone at its September 2019 Keynote, just as it has done every fall since 2011. In addition to the price drop, the new phones, available for pre-order starting September 13, will feature longer-lasting batteries, improved cameras as well as faster chips. The iPhone 11 is designed with two cameras on top of each other while the "Pro" models feature a triple camera layout. While these upgrades are important, they are by no means revolutionary. The significant takeaway from the event was the price point. While its new “Pro” models will still start at $999 and $1099, the same price as its equivalent prior-year models, the iPhone 11 price cut is surprising as AAPL raised the price from 2017 to 2018. The company also announced that the cost of its new streaming service, Apple TV+, will be significantly less than both Disney+ (DIS) and Netflix (NFLX). The service, which is slated to launch on November 1, boasts a $4.99 per month price tag. Apple Arcade, its subscription gaming service, will also start at only $4.99.At the event, the company also unveiled its updated Series 5 smart watch. The revamped watch features an always-on display and will start at $399, with AAPL keeping its current series 3 watch starting at $199. Its 7th generation iPad is priced at $329. What Does This Mean for AAPL?It’s no secret that iPhone sales have experienced a slowdown thanks to maturation of the smartphone replacement cycle. It should be noted that this is expected to change when 5G capabilities are added to the phones, but this won’t happen until at least 2020.As a result, investors have been left wondering if a price drop and upgrades will be enough to entice customers to buy new iPhones.Nomura’s Jeff Kvaal doesn’t think so, calling the iPhone 11 launch “marginally disappointing”. “While investors may be tempted to look beyond the iPhone 11 cycle towards the more meaningful iPhone 12 upgrade, pitfalls remain in Apple's fiscal Q1,” he explained. Based on this, the four-star analyst reiterated his Hold rating and $185 average price target on September 11. He sees 15% downside potential for the stock.However, Piper Jaffray analyst Michael Olson disagrees as he believes that the lower iPhone price could give Apple a way to reach new customers, hooking them into its system of connected products. As a result, the five-star analyst reiterated his Buy rating and $243 price target on September 10. The price target reflects his confidence in AAPL’s potential to surge 12% over the next twelve months. Another top analyst, Daniel Ives, believes its streaming service rather than its phones could fuel major upside for the company. “The pricing of Apple’s streaming TV service at $4.99 per month is a showstopper and a major shot across the bow at the likes of Netflix and Disney, among others,” the Wedbush analyst explained. Based on this development, he kept his Buy rating and $245 price target. The four-star analyst believes shares could gain 13% in the next year. The Consensus is… All in all, Wall Street remains bullish on AAPL. 16 Buy ratings vs 11 Hold and 2 Sells received in the last three months add up to a ‘Moderate Buy’ analyst consensus. Its $224 average price target indicates 3% upside potential. Discover the Street’s best-rated stocks with the Top Analysts’ Stocks tool


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  • 28/79   Sword Group (EPA:SWP) Could Easily Take On More Debt
    TECHNOLOGY TOPIC NEWS

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...


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  • 29/79   HKEX to finance LSE bid with cash and new credit facilities
    TECHNOLOGY TOPIC NEWS

    Hong Kong Exchanges and Clearing will finance its unsolicited £31.6bn cash-and-share takeover bid for the London Stock Exchange with a combination of cash and new credit facilities, according to its announcement on Wednesday.  The proposed acquisition would be done via a scheme of arrangement and is conditional on the LSE terminating its acquisition of data company Refinitiv.  HKEX is being advised exclusively by Moelis & Company on its bid for LSE, and last tapped the loan market in June 2012 to finance its £1.4bn purchase of the London Metals Exchange.

    Hong Kong Exchanges and Clearing will finance its unsolicited £31.6bn cash-and-share takeover bid for the London Stock Exchange with a combination of cash and new credit facilities, according to its announcement on Wednesday. The proposed acquisition would be done via a scheme of arrangement and is conditional on the LSE terminating its acquisition of data company Refinitiv. HKEX is being advised exclusively by Moelis & Company on its bid for LSE, and last tapped the loan market in June 2012 to finance its £1.4bn purchase of the London Metals Exchange.


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  • 30/79   India's monsoon rains 38% above-average this week: weather office
    TECHNOLOGY TOPIC NEWS

    Monsoon rains in India were above average in the week through Wednesday, the weather office said, as soybean and cotton growing central parts of the country received heavy rainfall, damaging crops in some pockets.  Monsoon rains are crucial to farm output and economic growth because the agricultural sector accounts for about 15% of India's $2.5 trillion economy.  India received 38% more rainfall than the 50-year average in the week to Sept. 11, data from the India Meteorological Department (IMD) showed, with central India receiving 142% more rain.

    Monsoon rains in India were above average in the week through Wednesday, the weather office said, as soybean and cotton growing central parts of the country received heavy rainfall, damaging crops in some pockets. Monsoon rains are crucial to farm output and economic growth because the agricultural sector accounts for about 15% of India's $2.5 trillion economy. India received 38% more rainfall than the 50-year average in the week to Sept. 11, data from the India Meteorological Department (IMD) showed, with central India receiving 142% more rain.


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  • 31/79   Hong Kong stock exchange swoops in for London rival
    TECHNOLOGY TOPIC NEWS

    The Hong Kong stock exchange wants to buy its London counterpart to create a company worth more than $70 billion that could shore up the U.K. capital's status as a global financial hub after Brexit.  Hong Kong Exchanges and Clearing Ltd. said Wednesday it is looking at a deal that would that value the London Stock Exchange Group at 29.6 billion pounds ($36.6 billion).  A tie-up, it said, would provide the London firm with a key opening to Asian markets and offer big savings.

    The Hong Kong stock exchange wants to buy its London counterpart to create a company worth more than $70 billion that could shore up the U.K. capital's status as a global financial hub after Brexit. Hong Kong Exchanges and Clearing Ltd. said Wednesday it is looking at a deal that would that value the London Stock Exchange Group at 29.6 billion pounds ($36.6 billion). A tie-up, it said, would provide the London firm with a key opening to Asian markets and offer big savings.


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  • 32/79   Have Insiders Been Selling Americold Realty Trust (NYSE:COLD) 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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  • 33/79   Should You Invest In STORE Capital Corporation (NYSE:STOR)?
    TECHNOLOGY TOPIC NEWS

    STORE Capital Corporation is a US$8.3b mid-cap, real estate investment trust (REIT) based in Scottsdale, United...

    STORE Capital Corporation is a US$8.3b mid-cap, real estate investment trust (REIT) based in Scottsdale, United...


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  • 34/79   European automakers tell governments they must help sell electric cars
    TECHNOLOGY TOPIC NEWS

    Europe's carmakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in meeting stringent new emissions rules.  German carmakers are accelerating plans to launch electric vehicles, under pressure from a European Union mandate to deliver a 37.5% cut in carbon dioxide emissions between 2021 and 2030, on top of a 40% cut in emissions between 2007 and 2021.  Industry executives warned at this week's Frankfurt auto show that the EU rules could be disastrous for profits and jobs because mainstream customers were not buying electric vehicles.

    Europe's carmakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in meeting stringent new emissions rules. German carmakers are accelerating plans to launch electric vehicles, under pressure from a European Union mandate to deliver a 37.5% cut in carbon dioxide emissions between 2021 and 2030, on top of a 40% cut in emissions between 2007 and 2021. Industry executives warned at this week's Frankfurt auto show that the EU rules could be disastrous for profits and jobs because mainstream customers were not buying electric vehicles.


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  • 35/79   U.S. Futures Advance With Stocks in Europe, Asia: Markets Wrap
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.U.S. stock-index futures edged higher after shares advanced broadly in Europe and Asia as China moved to lessen the trade war’s repercussions. Oil rose with the dollar.Contracts on three major U.S. equity indexes fluctuated before turning higher, with Amazon.com shares dipping in the pre-market after Bloomberg News reported an antitrust probe had begun. Yields on 10-year Treasuries and bunds both slipped from one-month highs reached earlier Wednesday. U.S. President Donald Trump urged the Federal Reserve to cut interest rates to “zero, or less,” in a tweet. The dollar stayed stronger after a measure of underlying U.S. producer prices that excludes food and fuel picked up in August, indicating inflation may be starting to stabilize.The euro headed for its biggest drop in eight sessions. Gains in the Stoxx Europe 600 Index came in part from the strong rotation into cyclical sectors that had lagged behind this year, such as automaker and banking shares, and as China announced a range of U.S. goods to be exempted from 25% extra tariffs put in place last year.Equities are rebounding in September on hopes for fresh monetary stimulus from the European Central Bank on Thursday and the Fed next week, while market-supportive measures by China helped lift sentiment. Strong monetary easing is not a given, though, with some investors dialing back their expectations of accommodation and bond traders pulling back from the more bullish sentiment of August.“We are primed for a little bit of disappointment,” Jeff Boswell, a fund manager at Investec Asset Management, told Bloomberg TV in Singapore. “On the QE front, whilst we’ve been expectant of something -- certainly on the corporate bond-buying side that the market’s been expecting -- it is unlikely to come tomorrow.”Elsewhere, oil futures climbed alongside gold. South Korean infrastructure shares outperformed after the departure of President Donald Trump’s national security adviser, spurring speculation the U.S. may show conciliatory gestures toward China and North Korea.Here are some key events coming up this week:The ECB policy meeting Thursday is widely expected to see a cut to interest rates and a review of all options, including QE. Policy makers will also publish forecasts for growth and inflation. ECB President Mario Draghi will hold a press conference.U.S. data for August CPI is due Thursday.These are the main moves in markets:StocksFutures on the S&P 500 Index rose 0.1% as of 8:31 a.m. New York time.The Stoxx Europe 600 Index climbed 0.7%.The U.K.’s FTSE 100 Index climbed 0.9%.The MSCI Asia Pacific Index gained 0.9%.CurrenciesThe Bloomberg Dollar Spot Index climbed 0.1%.The British pound fell 0.1% to $1.2343.The euro decreased 0.3% to $1.1005.The Japanese yen dipped 0.2% to 107.72 per dollar.BondsThe yield on 10-year Treasuries fell less than one basis point to 1.73%.The yield on two-year Treasuries dipped one basis point to 1.67%.Germany’s 10-year yield decreased one basis point to -0.55%.Australia’s 10-year yield gained six basis points to 1.144%.CommoditiesWest Texas Intermediate crude increased 1% to $57.95 a barrel.Gold gained 0.4% to $1,491.55 an ounce.Iron ore was unchanged at $91.09 per metric ton.LME zinc gained 1.4% to $2,370 per metric ton.\--With assistance from Adam Haigh.To contact the reporter on this story: Todd White in Madrid at twhite2@bloomberg.netTo contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, Robert BrandFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.U.S. stock-index futures edged higher after shares advanced broadly in Europe and Asia as China moved to lessen the trade war’s repercussions. Oil rose with the dollar.Contracts on three major U.S. equity indexes fluctuated before turning higher, with Amazon.com shares dipping in the pre-market after Bloomberg News reported an antitrust probe had begun. Yields on 10-year Treasuries and bunds both slipped from one-month highs reached earlier Wednesday. U.S. President Donald Trump urged the Federal Reserve to cut interest rates to “zero, or less,” in a tweet. The dollar stayed stronger after a measure of underlying U.S. producer prices that excludes food and fuel picked up in August, indicating inflation may be starting to stabilize.The euro headed for its biggest drop in eight sessions. Gains in the Stoxx Europe 600 Index came in part from the strong rotation into cyclical sectors that had lagged behind this year, such as automaker and banking shares, and as China announced a range of U.S. goods to be exempted from 25% extra tariffs put in place last year.Equities are rebounding in September on hopes for fresh monetary stimulus from the European Central Bank on Thursday and the Fed next week, while market-supportive measures by China helped lift sentiment. Strong monetary easing is not a given, though, with some investors dialing back their expectations of accommodation and bond traders pulling back from the more bullish sentiment of August.“We are primed for a little bit of disappointment,” Jeff Boswell, a fund manager at Investec Asset Management, told Bloomberg TV in Singapore. “On the QE front, whilst we’ve been expectant of something -- certainly on the corporate bond-buying side that the market’s been expecting -- it is unlikely to come tomorrow.”Elsewhere, oil futures climbed alongside gold. South Korean infrastructure shares outperformed after the departure of President Donald Trump’s national security adviser, spurring speculation the U.S. may show conciliatory gestures toward China and North Korea.Here are some key events coming up this week:The ECB policy meeting Thursday is widely expected to see a cut to interest rates and a review of all options, including QE. Policy makers will also publish forecasts for growth and inflation. ECB President Mario Draghi will hold a press conference.U.S. data for August CPI is due Thursday.These are the main moves in markets:StocksFutures on the S&P 500 Index rose 0.1% as of 8:31 a.m. New York time.The Stoxx Europe 600 Index climbed 0.7%.The U.K.’s FTSE 100 Index climbed 0.9%.The MSCI Asia Pacific Index gained 0.9%.CurrenciesThe Bloomberg Dollar Spot Index climbed 0.1%.The British pound fell 0.1% to $1.2343.The euro decreased 0.3% to $1.1005.The Japanese yen dipped 0.2% to 107.72 per dollar.BondsThe yield on 10-year Treasuries fell less than one basis point to 1.73%.The yield on two-year Treasuries dipped one basis point to 1.67%.Germany’s 10-year yield decreased one basis point to -0.55%.Australia’s 10-year yield gained six basis points to 1.144%.CommoditiesWest Texas Intermediate crude increased 1% to $57.95 a barrel.Gold gained 0.4% to $1,491.55 an ounce.Iron ore was unchanged at $91.09 per metric ton.LME zinc gained 1.4% to $2,370 per metric ton.\--With assistance from Adam Haigh.To contact the reporter on this story: Todd White in Madrid at twhite2@bloomberg.netTo contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, Robert BrandFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 36/79   Should You Worry About CommScope Holding Company, Inc.'s (NASDAQ:COMM) CEO Pay?
    TECHNOLOGY TOPIC NEWS

    Eddie Edwards has been the CEO of CommScope Holding Company, Inc. (NASDAQ:COMM) since 2011. This analysis aims first...

    Eddie Edwards has been the CEO of CommScope Holding Company, Inc. (NASDAQ:COMM) since 2011. This analysis aims first...


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  • 37/79   Germany's Merkel: Climate spending is 'money well invested'
    TECHNOLOGY TOPIC NEWS

    Germany Chancellor Angela Merkel says her country will have to spend money to combat climate change, but doing so is a good investment.  Speaking to lawmakers Wednesday during parliament's annual budget debate, Merkel said 'if we want to drive forward climate protection, this will cost money.  The Green party's parliamentary co-leader, Katrin Goering-Eckardt, accused Merkel's conservative party of failing to commit enough money to address climate change.

    Germany Chancellor Angela Merkel says her country will have to spend money to combat climate change, but doing so is a good investment. Speaking to lawmakers Wednesday during parliament's annual budget debate, Merkel said 'if we want to drive forward climate protection, this will cost money. The Green party's parliamentary co-leader, Katrin Goering-Eckardt, accused Merkel's conservative party of failing to commit enough money to address climate change.


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  • 38/79   Here's Why Installux (EPA:STAL) Can Manage Its Debt Responsibly
    TECHNOLOGY TOPIC NEWS

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...


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  • 39/79   European automakers tell governments they must help sell electric cars
    TECHNOLOGY TOPIC NEWS

    Europe's carmakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in meeting stringent new emissions rules.  German carmakers are accelerating plans to launch electric vehicles, under pressure from a European Union mandate to deliver a 37.5% cut in carbon dioxide emissions between 2021 and 2030, on top of a 40% cut in emissions between 2007 and 2021.  Industry executives warned at this week's Frankfurt auto show that the EU rules could be disastrous for profits and jobs because mainstream customers were not buying electric vehicles.

    Europe's carmakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in meeting stringent new emissions rules. German carmakers are accelerating plans to launch electric vehicles, under pressure from a European Union mandate to deliver a 37.5% cut in carbon dioxide emissions between 2021 and 2030, on top of a 40% cut in emissions between 2007 and 2021. Industry executives warned at this week's Frankfurt auto show that the EU rules could be disastrous for profits and jobs because mainstream customers were not buying electric vehicles.


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  • 40/79   Donald Trump denies overruling Pence and other advisers on Camp David meeting with Taliban
    POLITICS TOPIC NEWS

    President Trump pushed back Monday on reports that he overruled objections from Vice President Pence and others on a meeting with Taliban leaders.

    President Trump pushed back Monday on reports that he overruled objections from Vice President Pence and others on a meeting with Taliban leaders.


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  • 41/79   NRA sues San Francisco over terrorist declaration
    POLITICS TOPIC NEWS

    The lawsuit, filed in U.S. District Court for the Northern District of California, accuses city officials of violating the gun lobby's free speech rights for political reasons and says the city is seeking to blacklist anyone associated with the NRA. Last week, the San Francisco Board of Supervisors passed a resolution calling the NRA a "domestic terrorist organization," contending the group spreads propaganda that seeks to deceive the public about the dangers of gun violence.

    The lawsuit, filed in U.S. District Court for the Northern District of California, accuses city officials of violating the gun lobby's free speech rights for political reasons and says the city is seeking to blacklist anyone associated with the NRA. Last week, the San Francisco Board of Supervisors passed a resolution calling the NRA a "domestic terrorist organization," contending the group spreads propaganda that seeks to deceive the public about the dangers of gun violence.


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  • 42/79   Joshua Wong: Hong Kong's pro-democracy poster child
    POLITICS TOPIC NEWS

    Joshua Wong, the Hong Kong activist soon to visit the United States, was the unlikely hero of the Umbrella Movement that inspired hundreds of thousands to take over Hong Kong's streets for two months in 2014 calling for free elections.  Five years later, the 22-year-old is one of the most prominent faces in the city's leaderless pro-democracy movement, often seen on rallies, locked up by police and individually called out by the Chinese government.  Scrawny, with gaunt features and a studious frown, Wong has now taken his fight around the globe, recently meeting with politicians in Taiwan, holding talks in Berlin with the German foreign minister, and has speaking engagements scheduled in the United States.

    Joshua Wong, the Hong Kong activist soon to visit the United States, was the unlikely hero of the Umbrella Movement that inspired hundreds of thousands to take over Hong Kong's streets for two months in 2014 calling for free elections. Five years later, the 22-year-old is one of the most prominent faces in the city's leaderless pro-democracy movement, often seen on rallies, locked up by police and individually called out by the Chinese government. Scrawny, with gaunt features and a studious frown, Wong has now taken his fight around the globe, recently meeting with politicians in Taiwan, holding talks in Berlin with the German foreign minister, and has speaking engagements scheduled in the United States.


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  • 43/79   Sen. Manchin: Bill with Toomey to expand background checks has 85 percent approval with gun owners
    POLITICS TOPIC NEWS

    Sen. Joe Manchin, D-W.Va., said his bill with Republican Sen. Pat Toomey to expand background checks on gun purchases has broad support among gun owners and should gain support from the White House. 

    Sen. Joe Manchin, D-W.Va., said his bill with Republican Sen. Pat Toomey to expand background checks on gun purchases has broad support among gun owners and should gain support from the White House. 


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  • 44/79   South Africa’s Malema Presents Himself to Police Over Gun Probe
    POLITICS TOPIC NEWS

    (Bloomberg) -- South African opposition leader Julius Malema presented himself to the police’s special investigative unit over allegations that he illegally fired a weapon.Malema arrived at the offices of the so-called Hawks in the capital, Pretoria, on Tuesday. His party, the Economic Freedom Fighters, said Monday the unit would issue a warning statement to Malema. The 38-year-old was filmed allegedly shooting a rifle into the air during the party’s five-year anniversary celebrations in the southern town of East London last year.Malema told reporters the Hawks informed him further investigations are being conducted on the incident after a prosecutor refused to move on the evidence presented before him. Known for his abrasive politics, Malema heads the country’s third-biggest opposition party and often portrays himself as a defender of the poor.“Someone, somewhere is sitting and making stupid decisions and not applying the law,” he said. “What is happening here is that they are using us as a diversion.”His appearance before the Hawks came a day after the Daily Maverick, a Johannesburg-based news website, alleged that Malema was a beneficiary of funds embezzled from failed VBS Mutual Bank and used the money to finance his political aspirations and lavish lifestyle, including the purchase of Gucci apparel and other luxury items.EFF spokesman Mbuyiseni Ndlozi said he couldn’t immediately comment when contacted on Tuesday. The party has previously said there’s no proof its officials did anything wrong.“The allegations on VBS are a fabrication and unfounded,” Malema said. “Louis Vuitton and Gucci, I have worn it before. I don’t buy it with VBS money.”He said he won’t take any action against the Daily Maverick.Read more on EFF and VBS Mutual BankMalema established the EFF in July 2013 after he was expelled from the ruling African National Congress. His party won 11% of the national vote in May 8 elections.(Updates with Malema’s comments starting in fourth paragraph.)\--With assistance from Amogelang Mbatha.To contact the reporter on this story: Nkululeko Ncana in Johannesburg at nncana@bloomberg.netTo contact the editors responsible for this story: Paul Richardson at pmrichardson@bloomberg.net, Rene Vollgraaff, Pauline BaxFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- South African opposition leader Julius Malema presented himself to the police’s special investigative unit over allegations that he illegally fired a weapon.Malema arrived at the offices of the so-called Hawks in the capital, Pretoria, on Tuesday. His party, the Economic Freedom Fighters, said Monday the unit would issue a warning statement to Malema. The 38-year-old was filmed allegedly shooting a rifle into the air during the party’s five-year anniversary celebrations in the southern town of East London last year.Malema told reporters the Hawks informed him further investigations are being conducted on the incident after a prosecutor refused to move on the evidence presented before him. Known for his abrasive politics, Malema heads the country’s third-biggest opposition party and often portrays himself as a defender of the poor.“Someone, somewhere is sitting and making stupid decisions and not applying the law,” he said. “What is happening here is that they are using us as a diversion.”His appearance before the Hawks came a day after the Daily Maverick, a Johannesburg-based news website, alleged that Malema was a beneficiary of funds embezzled from failed VBS Mutual Bank and used the money to finance his political aspirations and lavish lifestyle, including the purchase of Gucci apparel and other luxury items.EFF spokesman Mbuyiseni Ndlozi said he couldn’t immediately comment when contacted on Tuesday. The party has previously said there’s no proof its officials did anything wrong.“The allegations on VBS are a fabrication and unfounded,” Malema said. “Louis Vuitton and Gucci, I have worn it before. I don’t buy it with VBS money.”He said he won’t take any action against the Daily Maverick.Read more on EFF and VBS Mutual BankMalema established the EFF in July 2013 after he was expelled from the ruling African National Congress. His party won 11% of the national vote in May 8 elections.(Updates with Malema’s comments starting in fourth paragraph.)\--With assistance from Amogelang Mbatha.To contact the reporter on this story: Nkululeko Ncana in Johannesburg at nncana@bloomberg.netTo contact the editors responsible for this story: Paul Richardson at pmrichardson@bloomberg.net, Rene Vollgraaff, Pauline BaxFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 45/79   A leaked offer to an Iranian tanker captain exposed an open secret: The US will pay you millions of dollars to betray its enemies
    POLITICS TOPIC NEWS

    Defense and security experts were incredulous that the US government used email to offer millions of dollars to the captain of an Iranian oil tanker.

    Defense and security experts were incredulous that the US government used email to offer millions of dollars to the captain of an Iranian oil tanker.


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  • 46/79   Elizabeth Warren’s Daft Fracking Scheme
    POLITICS TOPIC NEWS

    Senator Elizabeth Warren of Massachusetts promises that if she is elected president, she will issue an immediate unilateral prohibition — based on some presidential power that she’ll invent as soon as she gets around to it — on the method of natural-gas production known colloquially as “fracking.” Other Democratic contenders, including Vermont socialist Bernie Sanders and Kamala Harris of California, have made similar promises.Another way of saying this is that the Democrats promise to induce artificial scarcity in the energy market. Yet another way of saying this is that the Democrats promise to create effective subsidies for such relatively high-pollution energy sources as coal and diesel at the expense of a relatively low-pollution energy source in the form of natural gas. And yet another way of saying this is that the Democrats propose to subsidize petroleum producers from Russia to Iran at the expense of small to midsize businesses in Pennsylvania, Ohio, New Mexico, Texas, and other energy-producing states.Why?What we call “fracking” relies on two relatively old technologies: hydraulic fracturing, which is used to break up underground shale formations to release oil and gas trapped therein, and horizontal drilling, which allows for the efficient recovery of that released oil and/or gas. Combining those two technologies with recent advances in everything from materials development to seismic imaging has revolutionized energy production in the United States — and that gets up the noses of certain people, prominent among them so-called environmentalists who are categorically opposed to all new development of conventional energy sources — even when that development comes with important environmental benefits. Their opposition is ideological and quasi-religious. It is based only very loosely on genuine environmental concerns.Which is not to say that there aren’t any. Unconventional gas production, like any other kind of energy production, brings with it environmental challenges. These are mostly unsexy problems involving things such as wastewater management — there’s a lot of poisonous and occasionally radioactive stuff deep underground, and the water used in hydraulic fracturing brings some of that up with it. In the early days of fracking, that wastewater would be turned over to municipal water-management authorities, who often just diluted it and dumped it into the nearest river; thankfully, better techniques (including recycling fracking water) have since been developed. Other, more dramatic environmental problems associated with fracking range from the fictitious to the exaggerated. Fracking can contribute to “induced seismicity,” meaning little earthquakes that are generally but not always too small to be felt at the surface. Fracking can also lead to drinking-water contamination through “methane migration,” meaning the leakage of natural gas from wells into groundwater — but it is worth keeping in mind that such methane migration also happens both naturally (“burning springs” were documented in North America as far back as the early 1700s) and through other activity such as digging water wells. Studies have suggested that fracking is in fact less likely to produce this kind of contamination than is conventional drilling, in part because fracking typically happens at a depth far removed from accessible groundwater.Those are the environmental challenges. The environmental benefit is this: In the first two decades of this century, the United States substantially reduced its greenhouse-gas emissions, more so than in many Western European countries pursuing active national programs of carbon-dioxide reduction. This happened because the abundant production of natural gas drove down prices and made it attractive to substitute that relatively clean-burning fuel for such relatively high-emissions sources as coal and heating oil for purposes such as generating electricity and heating buildings. The United States achieved these reductions while emissions were climbing in most of Asia and Europe. And it did so without any heavy-handed regulation or federal bullying.The fundamental issue here isn’t methane or carbon dioxide or climate modeling: It is gullibility. On the one hand, the Democrats offer a pie-in-the-sky “Green New Deal” through which greenhouse-gas emissions might be radically reduced at no real cost to anybody and no meaningful economic disturbance . . . at some point in the future . . . by giving today’s Democrats a great deal of money and power and by implementing a bunch of things that look for all the world like the longstanding Democratic policy wish-list, many of them only remotely connected to energy or climate change. On the other hand, we have the opportunity to substitute — right here and right now — relatively clean sources of energy for relatively dirty ones, and to do so mainly by relying on the fact that producers and industry will do so on their own simply by responding to ordinary economic incentives — incentives rooted in abundance and in the emergence of a world-beating U.S energy industry that creates millions of good jobs in the process.This offers a rare opportunity for agreement between intellectually honest parties worried about climate change and those who think that the climate threat is exaggerated but welcome the abundant domestic production of natural gas for other reasons. But the Democrats are having none of that.A more responsible “green” agenda would consist of helping to enable gas production with a minimum of environmental trouble by regulating and managing the real and undeniable environmental challenges involved in energy production in an intelligent and productive way — as, indeed, many state environmental agencies have shown themselves more than able to do when it comes to fracking. Making absurd, fanciful promises — and inducing environmental terror — is a fine way to run a presidential campaign but a poor way to run a country.Despite the Lenten, renunciatory attitude of the environmentalists, cutting off that plentiful and affordable supply of natural gas would not mean simply forgoing a certain amount of energy consumption and the emissions that go along with it. Rather, it would mean paying higher prices for the same energy, possibly switching in some cases from natural gas to coal or diesel or other relatively high-emissions fossil fuels, or relying more heavily on imports instead of enjoying our current position as the world’s largest petroleum producer and a major energy exporter. In exchange for what? Some vague promise that Alexandria Ocasio-Cortez is going to train newly unemployed oilfield workers in Pennsylvania to install energy-efficient windows in Brooklyn?We have high hopes for other parts of the energy industry: Solar panels, for example, have proved valuable for powering fracked gas wells, which tend not to be located next to power outlets. The success of fracking is one of those prototypical great American entrepreneurial success stories, a very fine example of the magic that can happen when the profit motive brings together capital, expertise, and commitment. If the same process means that one day we can power spaceships with chopped kale and good wishes, then no one will be better pleased than we. But, at the moment, the best thing the federal government can do is to let prosperity emerge on its own, without the clumsy attentions of Senator Warren or one of the other clever lawyers who believe that we can talk our way into abundance.The American gas industry is one of the best things our country has going for it economically. That the Democrats propose to sacrifice it to ideology and political convenience is one of the better arguments for keeping them far away from the levers of power.

    Senator Elizabeth Warren of Massachusetts promises that if she is elected president, she will issue an immediate unilateral prohibition — based on some presidential power that she’ll invent as soon as she gets around to it — on the method of natural-gas production known colloquially as “fracking.” Other Democratic contenders, including Vermont socialist Bernie Sanders and Kamala Harris of California, have made similar promises.Another way of saying this is that the Democrats promise to induce artificial scarcity in the energy market. Yet another way of saying this is that the Democrats promise to create effective subsidies for such relatively high-pollution energy sources as coal and diesel at the expense of a relatively low-pollution energy source in the form of natural gas. And yet another way of saying this is that the Democrats propose to subsidize petroleum producers from Russia to Iran at the expense of small to midsize businesses in Pennsylvania, Ohio, New Mexico, Texas, and other energy-producing states.Why?What we call “fracking” relies on two relatively old technologies: hydraulic fracturing, which is used to break up underground shale formations to release oil and gas trapped therein, and horizontal drilling, which allows for the efficient recovery of that released oil and/or gas. Combining those two technologies with recent advances in everything from materials development to seismic imaging has revolutionized energy production in the United States — and that gets up the noses of certain people, prominent among them so-called environmentalists who are categorically opposed to all new development of conventional energy sources — even when that development comes with important environmental benefits. Their opposition is ideological and quasi-religious. It is based only very loosely on genuine environmental concerns.Which is not to say that there aren’t any. Unconventional gas production, like any other kind of energy production, brings with it environmental challenges. These are mostly unsexy problems involving things such as wastewater management — there’s a lot of poisonous and occasionally radioactive stuff deep underground, and the water used in hydraulic fracturing brings some of that up with it. In the early days of fracking, that wastewater would be turned over to municipal water-management authorities, who often just diluted it and dumped it into the nearest river; thankfully, better techniques (including recycling fracking water) have since been developed. Other, more dramatic environmental problems associated with fracking range from the fictitious to the exaggerated. Fracking can contribute to “induced seismicity,” meaning little earthquakes that are generally but not always too small to be felt at the surface. Fracking can also lead to drinking-water contamination through “methane migration,” meaning the leakage of natural gas from wells into groundwater — but it is worth keeping in mind that such methane migration also happens both naturally (“burning springs” were documented in North America as far back as the early 1700s) and through other activity such as digging water wells. Studies have suggested that fracking is in fact less likely to produce this kind of contamination than is conventional drilling, in part because fracking typically happens at a depth far removed from accessible groundwater.Those are the environmental challenges. The environmental benefit is this: In the first two decades of this century, the United States substantially reduced its greenhouse-gas emissions, more so than in many Western European countries pursuing active national programs of carbon-dioxide reduction. This happened because the abundant production of natural gas drove down prices and made it attractive to substitute that relatively clean-burning fuel for such relatively high-emissions sources as coal and heating oil for purposes such as generating electricity and heating buildings. The United States achieved these reductions while emissions were climbing in most of Asia and Europe. And it did so without any heavy-handed regulation or federal bullying.The fundamental issue here isn’t methane or carbon dioxide or climate modeling: It is gullibility. On the one hand, the Democrats offer a pie-in-the-sky “Green New Deal” through which greenhouse-gas emissions might be radically reduced at no real cost to anybody and no meaningful economic disturbance . . . at some point in the future . . . by giving today’s Democrats a great deal of money and power and by implementing a bunch of things that look for all the world like the longstanding Democratic policy wish-list, many of them only remotely connected to energy or climate change. On the other hand, we have the opportunity to substitute — right here and right now — relatively clean sources of energy for relatively dirty ones, and to do so mainly by relying on the fact that producers and industry will do so on their own simply by responding to ordinary economic incentives — incentives rooted in abundance and in the emergence of a world-beating U.S energy industry that creates millions of good jobs in the process.This offers a rare opportunity for agreement between intellectually honest parties worried about climate change and those who think that the climate threat is exaggerated but welcome the abundant domestic production of natural gas for other reasons. But the Democrats are having none of that.A more responsible “green” agenda would consist of helping to enable gas production with a minimum of environmental trouble by regulating and managing the real and undeniable environmental challenges involved in energy production in an intelligent and productive way — as, indeed, many state environmental agencies have shown themselves more than able to do when it comes to fracking. Making absurd, fanciful promises — and inducing environmental terror — is a fine way to run a presidential campaign but a poor way to run a country.Despite the Lenten, renunciatory attitude of the environmentalists, cutting off that plentiful and affordable supply of natural gas would not mean simply forgoing a certain amount of energy consumption and the emissions that go along with it. Rather, it would mean paying higher prices for the same energy, possibly switching in some cases from natural gas to coal or diesel or other relatively high-emissions fossil fuels, or relying more heavily on imports instead of enjoying our current position as the world’s largest petroleum producer and a major energy exporter. In exchange for what? Some vague promise that Alexandria Ocasio-Cortez is going to train newly unemployed oilfield workers in Pennsylvania to install energy-efficient windows in Brooklyn?We have high hopes for other parts of the energy industry: Solar panels, for example, have proved valuable for powering fracked gas wells, which tend not to be located next to power outlets. The success of fracking is one of those prototypical great American entrepreneurial success stories, a very fine example of the magic that can happen when the profit motive brings together capital, expertise, and commitment. If the same process means that one day we can power spaceships with chopped kale and good wishes, then no one will be better pleased than we. But, at the moment, the best thing the federal government can do is to let prosperity emerge on its own, without the clumsy attentions of Senator Warren or one of the other clever lawyers who believe that we can talk our way into abundance.The American gas industry is one of the best things our country has going for it economically. That the Democrats propose to sacrifice it to ideology and political convenience is one of the better arguments for keeping them far away from the levers of power.


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  • 47/79   A deadly mosquito-borne illness kills a third of the people it infects, and it's spreading. Here's what we know about the states affected.
    POLITICS TOPIC NEWS

    Eastern equine encephalitis has no cure. If it reaches the brain, it can cause permanent damage in survivors.

    Eastern equine encephalitis has no cure. If it reaches the brain, it can cause permanent damage in survivors.


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  • 48/79   Trump decries 'Fake Poll' showing his approval rate in the 30s
    POLITICS TOPIC NEWS

    The president bashed an ABC News/Washington Post poll that showed his approval rating falling by 6 points as fears of a recession grow.

    The president bashed an ABC News/Washington Post poll that showed his approval rating falling by 6 points as fears of a recession grow.


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  • 49/79   Woman, 73, charged with killing her 82-year-old neighbor with brick at a home for seniors
    POLITICS TOPIC NEWS

    Chun Yong Oh is charged with first and second degree murder for the death of Hwa Cha Pak, her neighbor at a home for senior citizens in Maryland.

    Chun Yong Oh is charged with first and second degree murder for the death of Hwa Cha Pak, her neighbor at a home for senior citizens in Maryland.


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  • 50/79   World must adapt to 'inevitable' climate change, warns report
    SCIENCE TOPIC NEWS

    Nations rich and poor must invest now to protect against the effects of climate change or pay an even heavier price later, a global commission warned Tuesday.  Spending $1.8 trillion across five key areas over the next decade would not only help buffer the worst impacts of global warming but could generate more than $7 trillion in net benefits, the report from the Global Commission on Adaptation argued.  'We are the last generation that can change the course of climate change, and we are the first generation that then has to live with the consequences,' former UN chief Ban Ki-moon, who chairs the commission, said at the report's launch in Beijing.

    Nations rich and poor must invest now to protect against the effects of climate change or pay an even heavier price later, a global commission warned Tuesday. Spending $1.8 trillion across five key areas over the next decade would not only help buffer the worst impacts of global warming but could generate more than $7 trillion in net benefits, the report from the Global Commission on Adaptation argued. 'We are the last generation that can change the course of climate change, and we are the first generation that then has to live with the consequences,' former UN chief Ban Ki-moon, who chairs the commission, said at the report's launch in Beijing.


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  • 51/79   A full harvest moon is coming Friday the 13th. But here's why it'll actually look small
    SCIENCE TOPIC NEWS

    A stunning harvest moon will rise in the eastern sky on Friday the 13th. It's also a micromoon, too, which means it's an unusually small full moon

    A stunning harvest moon will rise in the eastern sky on Friday the 13th. It's also a micromoon, too, which means it's an unusually small full moon


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  • 52/79   A newly identified electric eel species has the strongest shock of any living creature, study says
    SCIENCE TOPIC NEWS

    A study published Tuesday identifies a total of three unique electric eel species that descended from one common ancestor millions of years ago.

    A study published Tuesday identifies a total of three unique electric eel species that descended from one common ancestor millions of years ago.


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  • 53/79   Ocean heatwave known as 'The Blob' is warming up the West Coast - and endangering animals
    SCIENCE TOPIC NEWS

    The so-called 'blob' covers an area of 4 million square miles, or three times the size of Alaska. It could result in the death of sea lions and salmon

    The so-called 'blob' covers an area of 4 million square miles, or three times the size of Alaska. It could result in the death of sea lions and salmon


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  • 54/79   The safest bet for space settlers? Would you believe it’s inside Mars’ moon Deimos?
    SCIENCE TOPIC NEWS

    The smaller of Mars' two moons, Deimos, was named after the Greek god of terror — but the way former NASA flight surgeon Jim Logan sees it, Deimos could be a comfort zone for space settlers. "The Mars-facing side of Deimos is probably the most valuable real estate in the solar system," Logan, co-founder of the Space Enterprise Institute, said today at Seattle's Museum of Flight. Logan laid out his case for Deimos during a conference on space settlement, presented this week by the Space Studies Institute to highlight the late Princeton physicist Gerard O'Neill's vision for humanity's expansion into… Read More

    The smaller of Mars' two moons, Deimos, was named after the Greek god of terror — but the way former NASA flight surgeon Jim Logan sees it, Deimos could be a comfort zone for space settlers. "The Mars-facing side of Deimos is probably the most valuable real estate in the solar system," Logan, co-founder of the Space Enterprise Institute, said today at Seattle's Museum of Flight. Logan laid out his case for Deimos during a conference on space settlement, presented this week by the Space Studies Institute to highlight the late Princeton physicist Gerard O'Neill's vision for humanity's expansion into… Read More


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  • 55/79   Indian Moon Probe’s Failure Won’t Stop an Asian Space Race that Threatens Regional Security
    SCIENCE TOPIC NEWS

    India’s launch vehicle carrying Chandrayaan-2 lifted off from Sriharikota, India, in late July 2019.

    India’s launch vehicle carrying Chandrayaan-2 lifted off from Sriharikota, India, in late July 2019.


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  • 56/79   Surveying Archaeologists Across the Globe Reveals Deeper and More Widespread Roots of the Human Age, the Anthropocene
    SCIENCE TOPIC NEWS

    People have been modifying Earth – as in these rice terraces near Pokhara, Nepal – for millennia.

    People have been modifying Earth – as in these rice terraces near Pokhara, Nepal – for millennia.


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  • 57/79   Foot artists have finely-tuned 'toe-maps' in their brains
    SCIENCE TOPIC NEWS

    Artists who paint with their feet because they were born without arms have individualized areas of the brain assigned to each of their toes, a trait not found in handed people, scientists have reported.  'We're trying to find the relationship between behavior and how that shapes representations in our brain,' co-author Daan Wesselink told AFP, specifically the somatosensory cortex.

    Artists who paint with their feet because they were born without arms have individualized areas of the brain assigned to each of their toes, a trait not found in handed people, scientists have reported. 'We're trying to find the relationship between behavior and how that shapes representations in our brain,' co-author Daan Wesselink told AFP, specifically the somatosensory cortex.


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  • 58/79   Carrying too much belly fat is strongly linked to diabetes and heart disease especially for women: study
    SCIENCE TOPIC NEWS

    A new large-scale European study has found that carrying visceral fat, which is the fat stored around the organs in the belly and around the intestines, appears to be a major risk factor for developing diabetes and cardiovascular disease, especially among women.  Carried out by researchers from Uppsala University, the new study looked at over 325,000 participants taking part in UK Biobank, a large long-term study which includes genomic data on more than half a million UK residents.  The researchers found more than 200 different genes which affect the amount of visceral fat.

    A new large-scale European study has found that carrying visceral fat, which is the fat stored around the organs in the belly and around the intestines, appears to be a major risk factor for developing diabetes and cardiovascular disease, especially among women. Carried out by researchers from Uppsala University, the new study looked at over 325,000 participants taking part in UK Biobank, a large long-term study which includes genomic data on more than half a million UK residents. The researchers found more than 200 different genes which affect the amount of visceral fat.


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  • 59/79   Treating high blood pressure could also slow down cognitive decline suggests new study
    SCIENCE TOPIC NEWS

    A preliminary new study has found that having high blood pressure later in life may speed up cognitive decline, but treating the condition may also help slow it down.  The researchers interviewed each of the study participants about their high blood pressure treatment and asked them to perform cognitive tests, such as recalling words as part of a memory quiz.  High blood pressure was defined as having a systolic blood pressure of 140 mmHg or higher and a diastolic blood pressure of 90 mmHg or higher, and/or taking antihypertensive treatment.

    A preliminary new study has found that having high blood pressure later in life may speed up cognitive decline, but treating the condition may also help slow it down. The researchers interviewed each of the study participants about their high blood pressure treatment and asked them to perform cognitive tests, such as recalling words as part of a memory quiz. High blood pressure was defined as having a systolic blood pressure of 140 mmHg or higher and a diastolic blood pressure of 90 mmHg or higher, and/or taking antihypertensive treatment.


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  • 60/79   Iraqi Shiite holy city mourns stampede deaths of 31 pilgrims
    WORLD TOPIC NEWS

    The governor of the Iraqi Shiite holy city of Karbala has declared three days of mourning for 31 pilgrims who died in a stampede a day earlier.  At least 100 other people were injured in the stampede, which occurred on Tuesday as tens of thousands of Shiite Muslims marked Ashoura, one of the most solemn days of the year for the sect, when worshippers from all over converge on Karbala.  It was the deadliest stampede in recent history during Ashoura commemorations.

    The governor of the Iraqi Shiite holy city of Karbala has declared three days of mourning for 31 pilgrims who died in a stampede a day earlier. At least 100 other people were injured in the stampede, which occurred on Tuesday as tens of thousands of Shiite Muslims marked Ashoura, one of the most solemn days of the year for the sect, when worshippers from all over converge on Karbala. It was the deadliest stampede in recent history during Ashoura commemorations.


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  • 61/79   Inside Bolton's exit: Mongolia, a mustache, a tweet
    WORLD TOPIC NEWS

    John Bolton was in Mongolia.  More than 1,200 miles (1,930 kilometers) away, President Donald Trump orchestrated an image for the world's front pages by becoming the first U.S. president to set foot in North Korea, shaking hands with Kim Jong Un on the north side of the demilitarized zone.  Bolton, a longtime critic of diplomacy with North Korea, had scheduled his foray to Mongolia weeks before Trump's impromptu invitation to meet Kim.

    John Bolton was in Mongolia. More than 1,200 miles (1,930 kilometers) away, President Donald Trump orchestrated an image for the world's front pages by becoming the first U.S. president to set foot in North Korea, shaking hands with Kim Jong Un on the north side of the demilitarized zone. Bolton, a longtime critic of diplomacy with North Korea, had scheduled his foray to Mongolia weeks before Trump's impromptu invitation to meet Kim.


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  • 62/79   Saudis condemn Israeli PM's West Bank annexations plans
    WORLD TOPIC NEWS

    Saudi Arabia on Wednesday denounced Israeli Prime Minister Benjamin Netanyahu's pre-election vow to annex parts of the West Bank as a 'very dangerous escalation,' adding to a chorus of international condemnations and injecting the issue of Palestinian statehood into an election campaign that had all but ignored it.  The strongly worded statement from the Saudi royal court, which runs the affairs of King Salman and Crown Prince Mohammed bin Salman, marked a significant rebuke from a regional power that had grown closer to Israel in recent years over its shared concerns about Iran's growing belligerency.  Netanyahu said on Tuesday he'd extend Israeli sovereignty over the Jordan Valley if he is re-elected in the vote next week and would move to annex Jewish settlements.

    Saudi Arabia on Wednesday denounced Israeli Prime Minister Benjamin Netanyahu's pre-election vow to annex parts of the West Bank as a 'very dangerous escalation,' adding to a chorus of international condemnations and injecting the issue of Palestinian statehood into an election campaign that had all but ignored it. The strongly worded statement from the Saudi royal court, which runs the affairs of King Salman and Crown Prince Mohammed bin Salman, marked a significant rebuke from a regional power that had grown closer to Israel in recent years over its shared concerns about Iran's growing belligerency. Netanyahu said on Tuesday he'd extend Israeli sovereignty over the Jordan Valley if he is re-elected in the vote next week and would move to annex Jewish settlements.


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  • 63/79   US 'warmongering' a failure, Iran says, as Bolton ousted
    WORLD TOPIC NEWS

    President Hassan Rouhani said on Wednesday that the United States' 'warmongering' was a failure, as Iran welcomed the sacking of hawkish US national security adviser John Bolton.  Rouhani also dismissed the prospect of a meeting with President Donald Trump at a time his US administration is continuing to slap more crippling sanctions on the Islamic republic.  Both... must be abandoned,' Rouhani told a meeting of his cabinet, according to the government's Twitter account.

    President Hassan Rouhani said on Wednesday that the United States' 'warmongering' was a failure, as Iran welcomed the sacking of hawkish US national security adviser John Bolton. Rouhani also dismissed the prospect of a meeting with President Donald Trump at a time his US administration is continuing to slap more crippling sanctions on the Islamic republic. Both... must be abandoned,' Rouhani told a meeting of his cabinet, according to the government's Twitter account.


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  • 64/79   Iran urges US to 'put warmongers aside' after Bolton firing
    WORLD TOPIC NEWS

    Iran's president urged the U.S. on Wednesday to 'put warmongers aside' as tensions roil the Persian Gulf amid an escalating crisis between Washington and Tehran in the wake of the collapsing nuclear deal with world powers.  Hassan Rouhani's remarks signaled approval of President Donald Trump's abrupt dismissal of John Bolton as national security adviser, a man routinely pilloried by Iranian Foreign Minister Mohammad Javad Zarif as part of a 'B Team' that targeted Iran.

    Iran's president urged the U.S. on Wednesday to 'put warmongers aside' as tensions roil the Persian Gulf amid an escalating crisis between Washington and Tehran in the wake of the collapsing nuclear deal with world powers. Hassan Rouhani's remarks signaled approval of President Donald Trump's abrupt dismissal of John Bolton as national security adviser, a man routinely pilloried by Iranian Foreign Minister Mohammad Javad Zarif as part of a 'B Team' that targeted Iran.


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  • 65/79   Scottish court hands Boris Johnson fresh Brexit blow
    WORLD TOPIC NEWS

    British Prime Minister Boris Johnson suffered a fresh blow Wednesday when a Scottish court ruled that his controversial decision to suspend parliament in the run-up to Brexit was unlawful.  The government immediately appealed, with the case set to be heard in the Supreme Court next Tuesday, and parliament set to remain shut in the meantime.  Johnson says the decision to suspend -- or prorogue -- parliament until October 14 is a routine move allowing his government to launch a new legislative agenda.

    British Prime Minister Boris Johnson suffered a fresh blow Wednesday when a Scottish court ruled that his controversial decision to suspend parliament in the run-up to Brexit was unlawful. The government immediately appealed, with the case set to be heard in the Supreme Court next Tuesday, and parliament set to remain shut in the meantime. Johnson says the decision to suspend -- or prorogue -- parliament until October 14 is a routine move allowing his government to launch a new legislative agenda.


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  • 66/79   One Country’s Brexit Dismay Is Another’s Economic Boon, For Now
    WORLD TOPIC NEWS

    (Bloomberg) -- Follow @Brexit, sign up to our Brexit Bulletin, and tell us your Brexit story. Britons may be fed up with uncertainty over Brexit but their indecision has boosted an economy on the opposite side of the European Union.Lithuania upgraded this year’s growth forecasts on Wednesday, citing the delay in the U.K.‘s exit from the EU -- and the lack of resulting disruption -- as the main reason for the rosier outlook.“The Brexit factor was key,” Finance Minister Vilius Sapoka said. “While risks haven’t disappeared, they’ve been pushed back until autumn or even later. The Brexit factor has also shown up in foreign demand as businesses responded to the huge uncertainties by stockpiling products.”To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.netTo contact the editors responsible for this story: Andrea Dudik at adudik@bloomberg.net, Andrew Langley, Michael WinfreyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Follow @Brexit, sign up to our Brexit Bulletin, and tell us your Brexit story. Britons may be fed up with uncertainty over Brexit but their indecision has boosted an economy on the opposite side of the European Union.Lithuania upgraded this year’s growth forecasts on Wednesday, citing the delay in the U.K.‘s exit from the EU -- and the lack of resulting disruption -- as the main reason for the rosier outlook.“The Brexit factor was key,” Finance Minister Vilius Sapoka said. “While risks haven’t disappeared, they’ve been pushed back until autumn or even later. The Brexit factor has also shown up in foreign demand as businesses responded to the huge uncertainties by stockpiling products.”To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.netTo contact the editors responsible for this story: Andrea Dudik at adudik@bloomberg.net, Andrew Langley, Michael WinfreyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 67/79   Israel's Netanyahu faces criticism over annexation plan
    WORLD TOPIC NEWS

    Israeli Prime Minister Benjamin Netanyahu's pre-election pledge to annex the West Bank's Jordan Valley drew praise from right-wing allies Wednesday, but opponents called it a desperate bid to remain in office.  Battling to win re-election in September 17 polls, Netanyahu issued the deeply controversial pledge on Tuesday night, drawing firm condemnation from the Palestinians, Arab states, the United Nations and the European Union.  The prime minister said in a televised speech he would move to annex the strategic valley, which accounts for around a third of the occupied West Bank, if he wins the vote.

    Israeli Prime Minister Benjamin Netanyahu's pre-election pledge to annex the West Bank's Jordan Valley drew praise from right-wing allies Wednesday, but opponents called it a desperate bid to remain in office. Battling to win re-election in September 17 polls, Netanyahu issued the deeply controversial pledge on Tuesday night, drawing firm condemnation from the Palestinians, Arab states, the United Nations and the European Union. The prime minister said in a televised speech he would move to annex the strategic valley, which accounts for around a third of the occupied West Bank, if he wins the vote.


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  • 68/79   Bolton Learns That Trump’s Not a Listener. Pompeo’s Next
    WORLD TOPIC NEWS

    (Bloomberg Opinion) -- Before calling it quits Tuesday with his national security adviser, John Bolton, President Donald Trump reportedly spent months phoning Bolton’s predecessor, H.R. McMaster, seeking advice.During those calls, NBC News noted, Trump told McMaster “that he missed him.”Awwww.But enough of that.Before giving in to the idea that humane longings glimmer beneath Trump’s leathery façade, consider McMaster’s own fate. Like Bolton, McMaster endured the very classy public spectacle of the president of the United States using Twitter to disclose their parting of ways. Trump had come to loathe Bolton so much that he excluded him from important diplomatic meetings. McMaster suffered different ritual humiliations before departing the White House, including Trump mocking him and his inexpensive, ill-fitting suits.Yet Trump, after all of that, still managed to seek out McMaster when he needed him and McMaster took the calls.I disparaged you. I shanked you. I fired you. I need advice. I miss you.Many of those who roll in and out of Trump’s business and political orbits are like abused spouses unable or unwilling to escape their tormentor. They are thumped, then thumped again, but they persist. In that capacity, Trump has the unique ability to make some unsympathetic people who work for him seem, however briefly, sympathetic.There is another crop of ambitious, craven folks on Team Trump who have signed on for White House jobs simply to get their resumes stamped, and it’s hard (for me, at least) to shed a tear when Trump, inevitably, devours them.One additional character chooses to venture into the Trump zone. That’s the tough, informed Washington veteran who embraces public service (think of former Defense Secretary James Mattis) or the policy evangelist who can give as good as he or she gets. I think Bolton falls firmly into that latter category.Bolton, Trump’s third national security adviser, had to know at the very least that he was going to work for an unpredictable, undisciplined and unenlightened boss when he succeeded McMaster. What he may not have fully grasped is this essential truth about Trump: The president doesn’t take advice.That’s no small matter. As I wrote two weeks after Trump’s inauguration in 2017, the appellation “Trump adviser” is a contradiction in terms. I wondered then how long advisers like Steve Bannon and Kellyanne Conway would last, and thought that Jared Kushner and Ivanka Trump would be the only long-term survivors in the White House (at least in positions that Trump truly cared about).Trump’s “entire business career, his presidential campaign, and now his presidency, have been routinely marked by chaos and seat-of-the-pants decision-making,” I wrote in 2017. “Some observers attribute this – as well as Trump's haphazard tweeting and his fondness for confrontational or unsettling statements – to various forms of the Trumpian dark arts and wily, strategic thinking. It's none of that. It's just Trump being Trump, and the country he's presiding over should brace itself accordingly.”Bolton should have braced accordingly. A wizened policy hawk, he entered the White House stoked to put Iran, North Korea, Afghanistan, Venezuela and other countries on notice that hard-line intervention might be afoot. Trump wasn’t really on board, however.It wouldn’t have mattered if Bolton was a dove, though. Trump wouldn’t have listened to that chatter either. He doesn’t listen to advice because, in part, he fancies himself an expert on everything. (Even though he has called Nepal, “Nipple”; Bhutan, “Button”; invented a country called “Nambia”; called Syria “Iraq” shortly after bombing Syria; confused South Korea with North Korea; described Belgium as a “beautiful city,” and was amazed early in his first term that the world “had so many countries.”)Trump also isn’t a listener because he doesn’t really care about the nuts-and-bolts, or the long-term trajectory, of policy. He cares about theater, and most of his policy positions are performance art, including his approach to foreign affairs. Bolton the hard-line interventionist had hitched his wagon to Trump the showman and they never aligned. Trump liked the spectacle of chummy letters and dramatic meetings with North Korea’s Kim Jong Un, while Bolton was opposed on principle to any get-togethers. Trump liked the spectacle, and seemed oblivious to the insensitivity, of inviting a terrorist group, the Taliban, to Camp David to resolve the Afghanistan war just days before the anniversary of the Sept. 11, 2001 terrorist attacks. Bolton opposed that meeting too, which made it the final, pivotal rift between the two men.“Imagine getting fired for the advice ‘Don't throw a 9/11 party for the Taliban,’” the comedy writers at the Daily Show tweeted.Trump enjoys military parades and the macho bluster of war threats but he lacks the clarity of purpose, the policy chops, and the stomach to follow through on his saber-rattling – converting the old Teddy Roosevelt foreign policy adage, “Speak softly and carry a big stick,” to something more akin to “Speak loudly and carry a twig.”For all of this, you can expect the national security apparatus at the White House to remain shambolic. In the wake of Bolton’s departure from the Trump administration on Tuesday, the White House put Treasury Secretary Steve Mnuchin and Secretary of State Mike Pompeo in front of the media as a show of foreign policy depth. Mnuchin, a former financier who found a second career producing films such as “The Lego Batman Movie,” brings thimble-shallow national security expertise to the table, however.And it’s not only a lack of depth wearing down the White House’s national security capabilities. It’s also a lack of leadership. In addition to the new vacancy at the national security adviser’s post, the White House has yet to appoint a permanent head of the Department of Homeland Security and it has no Director of National Intelligence. Should a crisis emerge, Trump’s national security team may offer weak support –  which means the ultimate victim of Trump’s behavior will be average citizens and public safety.For his part, Pompeo, who emerges from the Bolton debacle with enhanced influence, remains optimistic and appears to believe that the president will be taking his advice on board.Trump “should have people that he trusts and values, and whose efforts and judgments benefit him in delivering American foreign policy,” he told reporters at the Tuesday press briefing.To contact the author of this story: Timothy L. O'Brien at tobrien46@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Timothy L. O’Brien is the executive editor of Bloomberg Opinion. He has been an editor and writer for the New York Times, the Wall Street Journal, HuffPost and Talk magazine. His books include “TrumpNation: The Art of Being The Donald.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

    (Bloomberg Opinion) -- Before calling it quits Tuesday with his national security adviser, John Bolton, President Donald Trump reportedly spent months phoning Bolton’s predecessor, H.R. McMaster, seeking advice.During those calls, NBC News noted, Trump told McMaster “that he missed him.”Awwww.But enough of that.Before giving in to the idea that humane longings glimmer beneath Trump’s leathery façade, consider McMaster’s own fate. Like Bolton, McMaster endured the very classy public spectacle of the president of the United States using Twitter to disclose their parting of ways. Trump had come to loathe Bolton so much that he excluded him from important diplomatic meetings. McMaster suffered different ritual humiliations before departing the White House, including Trump mocking him and his inexpensive, ill-fitting suits.Yet Trump, after all of that, still managed to seek out McMaster when he needed him and McMaster took the calls.I disparaged you. I shanked you. I fired you. I need advice. I miss you.Many of those who roll in and out of Trump’s business and political orbits are like abused spouses unable or unwilling to escape their tormentor. They are thumped, then thumped again, but they persist. In that capacity, Trump has the unique ability to make some unsympathetic people who work for him seem, however briefly, sympathetic.There is another crop of ambitious, craven folks on Team Trump who have signed on for White House jobs simply to get their resumes stamped, and it’s hard (for me, at least) to shed a tear when Trump, inevitably, devours them.One additional character chooses to venture into the Trump zone. That’s the tough, informed Washington veteran who embraces public service (think of former Defense Secretary James Mattis) or the policy evangelist who can give as good as he or she gets. I think Bolton falls firmly into that latter category.Bolton, Trump’s third national security adviser, had to know at the very least that he was going to work for an unpredictable, undisciplined and unenlightened boss when he succeeded McMaster. What he may not have fully grasped is this essential truth about Trump: The president doesn’t take advice.That’s no small matter. As I wrote two weeks after Trump’s inauguration in 2017, the appellation “Trump adviser” is a contradiction in terms. I wondered then how long advisers like Steve Bannon and Kellyanne Conway would last, and thought that Jared Kushner and Ivanka Trump would be the only long-term survivors in the White House (at least in positions that Trump truly cared about).Trump’s “entire business career, his presidential campaign, and now his presidency, have been routinely marked by chaos and seat-of-the-pants decision-making,” I wrote in 2017. “Some observers attribute this – as well as Trump's haphazard tweeting and his fondness for confrontational or unsettling statements – to various forms of the Trumpian dark arts and wily, strategic thinking. It's none of that. It's just Trump being Trump, and the country he's presiding over should brace itself accordingly.”Bolton should have braced accordingly. A wizened policy hawk, he entered the White House stoked to put Iran, North Korea, Afghanistan, Venezuela and other countries on notice that hard-line intervention might be afoot. Trump wasn’t really on board, however.It wouldn’t have mattered if Bolton was a dove, though. Trump wouldn’t have listened to that chatter either. He doesn’t listen to advice because, in part, he fancies himself an expert on everything. (Even though he has called Nepal, “Nipple”; Bhutan, “Button”; invented a country called “Nambia”; called Syria “Iraq” shortly after bombing Syria; confused South Korea with North Korea; described Belgium as a “beautiful city,” and was amazed early in his first term that the world “had so many countries.”)Trump also isn’t a listener because he doesn’t really care about the nuts-and-bolts, or the long-term trajectory, of policy. He cares about theater, and most of his policy positions are performance art, including his approach to foreign affairs. Bolton the hard-line interventionist had hitched his wagon to Trump the showman and they never aligned. Trump liked the spectacle of chummy letters and dramatic meetings with North Korea’s Kim Jong Un, while Bolton was opposed on principle to any get-togethers. Trump liked the spectacle, and seemed oblivious to the insensitivity, of inviting a terrorist group, the Taliban, to Camp David to resolve the Afghanistan war just days before the anniversary of the Sept. 11, 2001 terrorist attacks. Bolton opposed that meeting too, which made it the final, pivotal rift between the two men.“Imagine getting fired for the advice ‘Don't throw a 9/11 party for the Taliban,’” the comedy writers at the Daily Show tweeted.Trump enjoys military parades and the macho bluster of war threats but he lacks the clarity of purpose, the policy chops, and the stomach to follow through on his saber-rattling – converting the old Teddy Roosevelt foreign policy adage, “Speak softly and carry a big stick,” to something more akin to “Speak loudly and carry a twig.”For all of this, you can expect the national security apparatus at the White House to remain shambolic. In the wake of Bolton’s departure from the Trump administration on Tuesday, the White House put Treasury Secretary Steve Mnuchin and Secretary of State Mike Pompeo in front of the media as a show of foreign policy depth. Mnuchin, a former financier who found a second career producing films such as “The Lego Batman Movie,” brings thimble-shallow national security expertise to the table, however.And it’s not only a lack of depth wearing down the White House’s national security capabilities. It’s also a lack of leadership. In addition to the new vacancy at the national security adviser’s post, the White House has yet to appoint a permanent head of the Department of Homeland Security and it has no Director of National Intelligence. Should a crisis emerge, Trump’s national security team may offer weak support –  which means the ultimate victim of Trump’s behavior will be average citizens and public safety.For his part, Pompeo, who emerges from the Bolton debacle with enhanced influence, remains optimistic and appears to believe that the president will be taking his advice on board.Trump “should have people that he trusts and values, and whose efforts and judgments benefit him in delivering American foreign policy,” he told reporters at the Tuesday press briefing.To contact the author of this story: Timothy L. O'Brien at tobrien46@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Timothy L. O’Brien is the executive editor of Bloomberg Opinion. He has been an editor and writer for the New York Times, the Wall Street Journal, HuffPost and Talk magazine. His books include “TrumpNation: The Art of Being The Donald.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.


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  • 69/79   John Bolton Fired Due to ‘Failed’ Iran Policy, Rouhani’s Aide Says
    WORLD TOPIC NEWS

    (Bloomberg) -- The dismissal of John Bolton as U.S. national security adviser is a recognition by the Trump administration that its policy toward Iran has been a “failure,” according to a top aide to Iranian President Hassan Rouhani.“The firing of Bolton after a not-so-long period shows that even the hawkish U.S. government has come to the conclusion that the age of warmongering and intimidation is over and, if it’s to interact with the world, reason is the way,” Rouhani’s chief of staff, Mahmoud Vaezi, was cited by state-run Islamic Republic News Agency as saying.U.S. President Donald Trump announced in a tweet on Tuesday that he had sacked Bolton, citing strong disagreements over policy. The move followed growing speculation that Trump and Rouhani might hold talks this month at the United Nations General Assembly in New York, a potentially historic meeting that would mark a significant lowering of tensions between the two nations.Any get-together still faces substantial hurdles as top officials on both sides remain opposed to major concessions. Addressing Bolton’s dismissal, Iran’s UN ambassador, Majid Takht-Ravanchi, said that talks between the leaders were out of the question while Washington’s policy of “economic terrorism against Iran” remained in place, IRNA reported.Vaezi’s comments are the first substantial official reaction to Bolton’s firing from the Iranian government, which has been at the center of Bolton’s hawkish cross-hairs since he was named national security adviser in April 2018.A month into the appointment, Trump announced the U.S.’s exit from the 2015 nuclear deal and started the toughest sanctions regime ever imposed by Washington on another country.(Updates with fresh quotes and background.)To contact the reporters on this story: Abbas Al Lawati in Dubai at aallawati6@bloomberg.net;Arsalan Shahla in Tehran at ashahla@bloomberg.netTo contact the editors responsible for this story: Shaji Mathew at shajimathew@bloomberg.net, Mark Williams, Amy TeibelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- The dismissal of John Bolton as U.S. national security adviser is a recognition by the Trump administration that its policy toward Iran has been a “failure,” according to a top aide to Iranian President Hassan Rouhani.“The firing of Bolton after a not-so-long period shows that even the hawkish U.S. government has come to the conclusion that the age of warmongering and intimidation is over and, if it’s to interact with the world, reason is the way,” Rouhani’s chief of staff, Mahmoud Vaezi, was cited by state-run Islamic Republic News Agency as saying.U.S. President Donald Trump announced in a tweet on Tuesday that he had sacked Bolton, citing strong disagreements over policy. The move followed growing speculation that Trump and Rouhani might hold talks this month at the United Nations General Assembly in New York, a potentially historic meeting that would mark a significant lowering of tensions between the two nations.Any get-together still faces substantial hurdles as top officials on both sides remain opposed to major concessions. Addressing Bolton’s dismissal, Iran’s UN ambassador, Majid Takht-Ravanchi, said that talks between the leaders were out of the question while Washington’s policy of “economic terrorism against Iran” remained in place, IRNA reported.Vaezi’s comments are the first substantial official reaction to Bolton’s firing from the Iranian government, which has been at the center of Bolton’s hawkish cross-hairs since he was named national security adviser in April 2018.A month into the appointment, Trump announced the U.S.’s exit from the 2015 nuclear deal and started the toughest sanctions regime ever imposed by Washington on another country.(Updates with fresh quotes and background.)To contact the reporters on this story: Abbas Al Lawati in Dubai at aallawati6@bloomberg.net;Arsalan Shahla in Tehran at ashahla@bloomberg.netTo contact the editors responsible for this story: Shaji Mathew at shajimathew@bloomberg.net, Mark Williams, Amy TeibelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 70/79   Brown-Bag Lunches for Kids With Food Allergies
    HEALTH TOPIC NEWS

    If your school-age child has food allergies, you know that preparing safe lunches that are also enticing can be a challenge. That's why we created this menu of lunchroom suggestions that addresse...

    If your school-age child has food allergies, you know that preparing safe lunches that are also enticing can be a challenge. That's why we created this menu of lunchroom suggestions that addresse...


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  • 71/79   What to Feed Your Family When the Power Goes Out
    HEALTH TOPIC NEWS

    If you won’t be able to leave your house for a few days or if the power is out for longer than a couple of hours, what to feed your family becomes a major concern. The food experts at Consumer Re...

    If you won’t be able to leave your house for a few days or if the power is out for longer than a couple of hours, what to feed your family becomes a major concern. The food experts at Consumer Re...


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  • 72/79   Try These Healthy Snack Ideas for Kids
    HEALTH TOPIC NEWS

    To fuel their growing bodies and provide the energy necessary to study and stay active, kids and teens need to eat every 3 to 4 hours, according to the Academy of Nutrition and Dietetics. That’s ...

    To fuel their growing bodies and provide the energy necessary to study and stay active, kids and teens need to eat every 3 to 4 hours, according to the Academy of Nutrition and Dietetics. That’s ...


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  • 73/79   The 9 Best Jobs for Teachers To Make Some Cash During the Summer Break
    HEALTH TOPIC NEWS

    Make the most of your skills with one of these jobs.

    Make the most of your skills with one of these jobs.


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  • 74/79   How to Spot and Avoid Algal Blooms
    HEALTH TOPIC NEWS

    With many U.S. waterways reaching their highest temperatures at this time of year, colonies of algae in lakes, ponds, and even the ocean can “bloom”—grow far more rapidly than normal. While most ...

    With many U.S. waterways reaching their highest temperatures at this time of year, colonies of algae in lakes, ponds, and even the ocean can “bloom”—grow far more rapidly than normal. While most ...


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  • 75/79   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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  • 76/79   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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  • 77/79   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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  • 78/79   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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  • 79/79   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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