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News Slideshows (10/09/2019 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


    Taina   Herb   Matt Lauer   Rebekah Vardy   Coleen Rooney   Gervonta   Bibby   Cuphead   What Ari   John Goodenough   Tania   Nobel Prize in Chemistry   Yosohn   WAGatha Christie   Happy BirthDay John   happy hump   Wonderful Wednesday   Con Artists   Sirfetch'd   
  • 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   Oprah makes surprise $13 million donation to Morehouse College
    TECHNOLOGY TOPIC NEWS

    The philanthropist's endowment is the largest in the school's history

    The philanthropist's endowment is the largest in the school's history


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  • 20/79   More than 500,000 in California are already without power in effort to curb wildfire risk
    TECHNOLOGY TOPIC NEWS

    Almost 1 million California homes and businesses could go dark Wednesday in a Public Safety Power Shutoff aimed at curbing fire risks amid high winds.

    Almost 1 million California homes and businesses could go dark Wednesday in a Public Safety Power Shutoff aimed at curbing fire risks amid high winds.


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  • 21/79   French finance minister says up to Renault's board to decide on management changes
    TECHNOLOGY TOPIC NEWS

    It was not up to the French state to interfere in management decisions at Renault , France's Finance minister said on Wednesday, following a report in business daily Le Figaro that the carmaker's CEO Thierry Bollore may be replaced soon.  Speaking on the sidelines of a European Union's finance ministers meeting, Bruno Le Maire said he had full confidence in Renault's chairman and board to choose the best governance and people to implement the company's strategy.  'We have full confidence in Jean-Dominique Senard and Renault's board to choose the best governance and people that will apply the industrial strategy that the state has defined for its technological transformation,' Le Maire said.

    It was not up to the French state to interfere in management decisions at Renault , France's Finance minister said on Wednesday, following a report in business daily Le Figaro that the carmaker's CEO Thierry Bollore may be replaced soon. Speaking on the sidelines of a European Union's finance ministers meeting, Bruno Le Maire said he had full confidence in Renault's chairman and board to choose the best governance and people to implement the company's strategy. 'We have full confidence in Jean-Dominique Senard and Renault's board to choose the best governance and people that will apply the industrial strategy that the state has defined for its technological transformation,' Le Maire said.


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  • 22/79   Lindsey Graham Condemns Trump’s Syrian Troop Withdrawal: ‘He’s Putting the Nation at Risk’
    TECHNOLOGY TOPIC NEWS

    Senator Lindsey Graham (R., S.C.) on Tuesday issued a scathing condemnation of President Trump's decision to pull troops out of northern Syria, calling it the the biggest mistake of his presidency."I think he's putting the nation at risk, and I think he's putting his presidency at risk," Graham said. "And I hope he will adjust his policies like he did before. That would be actually be a sign of real leadership."Trump announced Sunday evening that the U.S. will pull back U.S. troops currently stationed in the north part of Syria, saying he does not want the U.S. to "police" the area any longer. However, he vowed to punish Turkey if the country takes any action the U.S. considers “off limits.”Republican and Democratic critics of the move said a U.S. troop withdrawal would make room for expected Turkish invasion of the region and would leave the Kurdish-led Syrian Democratic Forces, who have been supported by U.S troops in fighting the Islamic State, open to attack."If I hear the president say one more time, 'I made a campaign promise to get out of Syria,' I'm going to throw up," Graham said. "His duty as commander-in-chief, I believe, compels him to act honorably by the Kurds, and it is impossible for Turkey to go into Syria and not create a devastating ripple effect, no matter what the president says to [Turkish President Recep Tayyip] Erdogan."The South Carolina Republican warned the move will "pave the way to the re-emergence of ISIS" and accused Trump of abandoning local Kurdish fighters, a charge Trump pushed back on Monday."In no way have we Abandoned the Kurds, who are special people and wonderful fighters," the president said in a tweet.

    Senator Lindsey Graham (R., S.C.) on Tuesday issued a scathing condemnation of President Trump's decision to pull troops out of northern Syria, calling it the the biggest mistake of his presidency."I think he's putting the nation at risk, and I think he's putting his presidency at risk," Graham said. "And I hope he will adjust his policies like he did before. That would be actually be a sign of real leadership."Trump announced Sunday evening that the U.S. will pull back U.S. troops currently stationed in the north part of Syria, saying he does not want the U.S. to "police" the area any longer. However, he vowed to punish Turkey if the country takes any action the U.S. considers “off limits.”Republican and Democratic critics of the move said a U.S. troop withdrawal would make room for expected Turkish invasion of the region and would leave the Kurdish-led Syrian Democratic Forces, who have been supported by U.S troops in fighting the Islamic State, open to attack."If I hear the president say one more time, 'I made a campaign promise to get out of Syria,' I'm going to throw up," Graham said. "His duty as commander-in-chief, I believe, compels him to act honorably by the Kurds, and it is impossible for Turkey to go into Syria and not create a devastating ripple effect, no matter what the president says to [Turkish President Recep Tayyip] Erdogan."The South Carolina Republican warned the move will "pave the way to the re-emergence of ISIS" and accused Trump of abandoning local Kurdish fighters, a charge Trump pushed back on Monday."In no way have we Abandoned the Kurds, who are special people and wonderful fighters," the president said in a tweet.


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  • 23/79   EU warns about cybersecurity risks from state-backed entities
    TECHNOLOGY TOPIC NEWS

    The European Union on Wednesday warned of increased cyber attacks by state-backed entities and non-EU actors, saying that it was crucial to assess the risks posed by telecoms equipment suppliers with a significant market share in the bloc.  The comments came in a report prepared by EU countries on cybersecurity risks to 5G networks, seen as crucial to the bloc's economic growth.  While the report does not name any country or company, observers have frequently cited China and the world's biggest telecoms equipment maker, Huawei Technologies, as potential threats.

    The European Union on Wednesday warned of increased cyber attacks by state-backed entities and non-EU actors, saying that it was crucial to assess the risks posed by telecoms equipment suppliers with a significant market share in the bloc. The comments came in a report prepared by EU countries on cybersecurity risks to 5G networks, seen as crucial to the bloc's economic growth. While the report does not name any country or company, observers have frequently cited China and the world's biggest telecoms equipment maker, Huawei Technologies, as potential threats.


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  • 24/79   Is Your Teenager Ready for a Credit Card?
    TECHNOLOGY TOPIC NEWS

    It's up to you to teach your kids about spending, saving and using credit cards properly.

    It's up to you to teach your kids about spending, saving and using credit cards properly.


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  • 25/79   American Airlines cancels Boeing 737 MAX flights until Jan. 16
    TECHNOLOGY TOPIC NEWS

    American Airlines Group Inc said Wednesday it is extending cancellations of Boeing 737 MAX flights through Jan. 15 as regulators continue to extensively review proposed software changes to the grounded plane.  The FAA said Wednesday it is 'is following a thorough process, not a prescribed timeline, for returning the Boeing 737 Max to passenger service.  The fast-selling 737 MAX has been grounded worldwide since mid-March while Boeing updates flight control software at the center of two crashes in Indonesia and Ethiopia that together killed 346 people within a span of five months.

    American Airlines Group Inc said Wednesday it is extending cancellations of Boeing 737 MAX flights through Jan. 15 as regulators continue to extensively review proposed software changes to the grounded plane. The FAA said Wednesday it is 'is following a thorough process, not a prescribed timeline, for returning the Boeing 737 Max to passenger service. The fast-selling 737 MAX has been grounded worldwide since mid-March while Boeing updates flight control software at the center of two crashes in Indonesia and Ethiopia that together killed 346 people within a span of five months.


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  • 26/79   Pound sheds gains as DUP rules out backstop concession to break Brexit deadlock — live updates
    TECHNOLOGY TOPIC NEWS

    Pound bounces back from month lows after report that EU ready to make concessions of Northern Irish border, but pulls back as DUP dismisses proposal Europe recovers after deep losses on Tuesday HKEX chair says it may return to bid for other exchanges again in future US bans Chinese company behind 1.3 million UK CCTV cameras over spying allegations  Jeremy Warner: How can grown-ups get to this? Merkel’s ‘nein’ risks calamity in chaotic, no-deal Brexit 1:44PM BT plans return to high streets as part of rebranding push Philip Jansen, chief executive officer of BT Group Credit: Hollie Adams/Bloomberg Shares in BT are up about 1.5pc currently, after the telecoms giant unveiled plans to overhaul its image and improve its customer service offering ahead of a potential ultrafast broadband rollout. BT will relaunch its EE with co-branding, putting its logo on bricks-and-mortar stores for the first time since the early 00s. It will also expand its tech support team, and return all its call centres to UK locations. The strategy has been unveiled as the company prepares for talks with the government over a major project of fibre broadband rollout, which is one of the Government’s key infrastructure pledges. 1:27PM Links of London enters administration Links of London High street jewellery retailer Links of London has gone into administration after failing to find a buyer. Matt Smith, joint administrator from Deloitte, said: The company has had to contend with difficult trading conditions that have impacted the whole retail sector. The directors have been seeking alternative solutions, including consideration of a CVA, refinancing or sale, but have unfortunately been unable to conclude such a transaction. In light of ongoing cash flow pressures, this has left the directors with no choice but to place the business into administration. The company — whose products were worn by the Duchess of Cambridge in her engagement photos — has reportedly received interest from Mike Ashley of Sport Direct. Links of London gone into administration. Deloitte appointed. Business will continue to trade while a buyer is sought. Solvent sale attempted but no can do— Jonathan Eley (@JonathanEley) October 9, 2019 12:48PM Lunchtime wrap: Five things you need to know Things are moving fairly slowly currently (words I always end up regretting), so here’s a quick round up of what happened this morning: The pound jumped up from a one-month low against the dollar following a report that the EU was prepared to make a major concession on the Irish backstop, but pared back gains after the DUP criticised the proposals. The FTSE 100 has enjoyed a solid recovery, amid a chunky relief rally on European stock markets ahead of trade talks between the US and China. Hong Kong’s stock exchange has refused to rule out bidding for other stock exchanges after withdrawing a £32bn offer for its London rival earlier this week.  Hundreds of Thomas Cook stores and up to 2,500 jobs are set to be saved after Hays Travel struck a deal to buy the failed company’s entire store portfolio.  EDF has announced that repairs of 66 faulty welds at a nuclear plant under construction in western France will boost the project’s cost by 14pc to €12.4bn, adding further financial strain to the cash-strapped atomic power giant. Business Briefing Newsletter REFERRAL (Article) 12:33PM BBC: Greene King takeover gets approval Greene King will be sold to Hong Kong real estate giant CKA Credit: Greene King/PA Shareholders have accepted a takeover bid for Greene King by Hong Kong’s CKA, the BBC reports.  CKA, owned by Hong Kong billionaire Li Ka-shing, bought the FTSE 250 brewer and pub chain for £4.6bn in August. Here’s more on the takeover: Fears over fate of Greene King pubs and Suffolk brewery in wake of £4.6bn takeover 12:10PM Mistaken identity? Hays trading volume leaps as Hay Travel grabs Thomas Cook store portfolio As we pass midday, the FTSE is holding gains amid a general European rally, while the pound is sitting a little higher than where it started the London session. Now, far be it for me to question the invisible hand of the market, but FTSE 250 recruiter Hays Plc is experiencing a remarkably high volume of trading, with 1.2m shares swapping hands today. Given there’s no major news around the sector or the company itself today, it is possible that some investors may have got it mistaken with Hays Travel, which just took over 555 Thomas Cook retail locations. Either way, shares are up 2pc, so Hays Plc investors should be happy. 11:47AM FT corrects report: China considers buying 10m tonnes more soybeans per year, not $10bn more of agricultural products The Financial Times has just posted a correction to its story on Chinese farm spending (see 10:56am update). Apparently China is considering buying 10m more tonnes of soybeans a year, not spending $10bn more on agricultural products overall. Here is the altered piece, and here is the correction: That appears to be a substantially less significant move. I will add a note to the earlier post. 11:33AM Sterling settles again as DUP pours cold water on backstop proposal The pound is sinking back towards where it stood before that Times report, meaning it is once again sat around one-month lows against the dollar. Separately, EU sources have told Reuters that a breakthrough on a Brexit deal is unlikely. 11:26AM Pizza Express round-up Pizza Express chefs celebrate the opening of its new Oxford Circus restaurant earlier this year Credit:  JULIAN SIMMONDS Pizza Express become the centre of attention earlier this week, after revelations it had entered talks over its substantial debt levels. Here are three key reads to understand what is going on at the restaurant chain: Has Pizza Express run out of dough? How over-ambitious expansion plans left future of Pizza Express on a knife edge Why Pizza Express’s problems could be a tragedy for live music Pizza Express: A slice of history 10:56AM FT: China offers to increase US agricultural purchases Tariff barriers have been a headache for US farmers Credit: TANNEN MAURY/EPA-EFE/REX (Update: The FT has issued a substantial correction to this story, please see 11:47am post) News is coming thick and fast now! The Financial Times reports that Chinese officials are offering to raise annual purchases of US farm products by $10bn a year, in a bid to smooth an interim agreement to stave off new tariffs hikes. It reports: Despite US sanctions announced this week against Chinese companies and officials allegedly involved in human rights abuses in Xinjiang, Mr Liu’s team is offering to boost annual agricultural purchases to $30bn annually, from about $20bn at present. China would also make a raft of changes to non-tariff barriers that have long frustrated the US Department of Agriculture and American farmers. China offers to buy extra $10bn of US goods to ease trade war https://t.co/kK3fZfkxuz— fastFT (@fastFT) October 9, 2019 10:47AM OECD puts tech giants in its sights with proposals for global tax shake-up Companies have long been able to shift their profits to low-tax jurisdictions Credit: Jason Alden/Bloomberg The OECD has unveiled plans to make multinationals pay more tax, in a move that would majorly shake-up rules and put pressure on tech giants. Reuters reports: Governments will get more power to tax big multinationals doing business in their countries under a major overhaul of decades-old cross-border tax rules outlined on Wednesday by the Organisation for Economic Cooperation and Development. The rise of big internet companies like Google and Facebook has pushed current tax rules to the limit as such firms can legally book profit and park assets like trademarks and patents in low tax countries like Ireland regardless of where their customers are. Earlier this year more than 130 countries and territories agreed that a rewriting of tax rules largely going back to the 1920s was overdue and tasked the Paris-based OECD public policy forum to come up with proposals. How little tax the Silicon Valley tech giants pay in the UK compared to UK companies The move is likely to benefit countries such as the UK, but could create pressure on Ireland and other countries that offer favourable tax arrangements. OECD proposes long-awaited plan to make multinationals pay more tax: Revolution in corporate taxation would stop digital giants shifting profits round the world to minimise tax bills. Winners would be large countries incl Germany, France, Italy, UK, US. https://t.co/htHpO702uPpic.twitter.com/ha1f3WTpUO— Holger Zschaepitz (@Schuldensuehner) October 9, 2019 10:40AM European stocks advance on reports China open to partial trade deal Stock indices across Europe have jumped in recent minutes, after Bloomberg reported that China is still open to agreeing a partial trade deal with the US despite sanctions and tariffs. Citing a source close to the talks, Bloomberg reported: Negotiators heading to Washington for talks starting Thursday aren’t optimistic about securing a broad agreement that would end the trade war between the two nations for good, said the official, who asked not to be named as the discussions are private. But China would accept a limited deal as long as no more tariffs are imposed by President Donald Trump, including two rounds of higher duties set to take effect this month and in December, the official said. In return, Beijing would offer non-core concessions like purchases of agricultural products without giving in on major sticking points, the official said, without offering further details. That has pushed the Europe-wide STOXX 600 to gains of more than 0.9pc. Economic Intelligence newsletter SUBSCRIBER (article) 10:30AM Correction: HKEX/LSE Quick correction to my 8:43am post: Bloomberg has issued a correction to the report I based the post on, clarifying that Laura Cha said the Hong Kong exchange operator wasn’t ruling out discussions with other bourses. She did not, however, say HKEX would reconsider withdrawing its LSE bid. I’ll go correct the earlier wording now, sorry for any confusion. 10:14AM Hays: Thomas Cook stores will reopen with ‘immediate effect’ Hays Travel says it will be reopening Thomas Cook stories with “immediate effect” where possible, adding that it has already taken on 25pc of Thomas Cook’s former retail staff, but would aim to employ all 2,500 who had lost their jobs. 10:09AM Full report: Thomas Cook jobs saved as Hays Travel grabs stores Here’s our breaking news report on Hays Travel’s deal to buy failed tour operator Thomas Cook’s 555 bricks-and-mortar stores: Thomas Cook jobs saved as Hays Travel swoops on 555 stores This is wonderful news, up to 2500 Thomas Cook staff have a new home. It’s also rather surprising. I can only think that landlords have indicated a willingness to accept some steep cuts to the rents they charge. pic.twitter.com/Y8vZLkztgI— Joel Hills (@ITVJoel) October 9, 2019 10:04AM Pound’s gains fade slightly The sharp jump in the the pound has wilted somewhat in recent minutes, with some Conservatives immediately starting to accuse of Brussels of organising a ‘blame game’ — exactly what the EU accused Boris Johnson of doing earlier. You can follow the latest political updates here: Brexit latest news: The Government is set to announce its Brexit ‘decision day’ as MPs plan to hold a special Saturday sitting after the EU summit 9:51AM Hays Travel buys entire Thomas Cook retail estate, securing ‘significant number’ of jobs The deal sees Hays buy 555 stores across the UK Credit:  DANIEL LEAL-OLIVAS/ AFP Hays Travel will buy the entirety of Thomas Cook’s retail estate, according to the Insolvency Service and special managers from KPMG. The travel agent will take over many of the 555 stores, with the rest going to other independent travel agents that are part of a consortium. KPMG partner Jim Tucker said the deal: “provides re-employment opportunities for a significant number of former Thomas Cook employees, and secures the future of retail sites up and down the UK high street.” The takeover will more than quadruple the number of travel agent shops operating under Hays. John and Irene Hays, managing director and group chair of Hays Travel, said: Thomas Cook was a much-loved brand employing talented people. We look forward to working with many of them. Thomas Cook in numbers 9:21AM Sterling leaps on report that EU willing to make backstop concession The pound has leapt in the last couple of minutes, after a report in The Times that the EU is preparing to offer a mechanism for the Northern Irish assembly to unilaterally exit the controversial backstop arrangement after a set number of years. EU diplomatic sources now prepared to concede unilateral revocation of the withdrawal treaty by Stormont after a period of time, the date of 2025 has been mooted, as long as both communities agree to it— Bruno Waterfield (@BrunoBrussels) October 9, 2019 The paper reports: Diplomatic sources close to the talks said European governments are prepared to concede a unilateral revocation of the withdrawal treaty by Stormont after a period of time. The date of 2025 has been mooted, as long as both communities agree to it. Last week’s proposals from the UK contained a controversial measure which the EU said would essentially give the DUP a veto. It is one of the major sticking points to getting a deal. Traders have been raising their bets that the Government will seek a Brexit extension , as hopes of a deal splutter and the October 31 deadline nears. 9:03AM Just Eat shares climb after Dutch suitor delivers strong results Just Eat plans to merge with Dutch peer Takeaway.com Credit: Kate Palmer Just Eat is leading risers on the FTSE 100 today, after Takeaway.com, the Dutch peer it is set to merge with, posted an 87pc rise in orders and said it expects the two food-delivery companies to have completed their tie-up by the end of the year. Takeaway.com said it had processed 41.6m orders in the third quarter of the year. It is preparing for a shareholder meeting in December, which may be when it presents the plans for a tie-up formally to investors. Here’s our latest on the saga: US hedge fund attempts to block Just Eat £9bn merger Food delivery - Restaurants signed up in the UK RBC analyst Sherri Malek said the Takeaway.com results were “slightly light”, but said the company’s route to profitability was clear. 8:48AM Shares rise for Ladbrokes owner GVC despite pressures on high street Sales from betting machines fell by more than a third against the same period last yea Credit: Dan Kitwood/Getty Images Europe Shares in GVC Holdings, owner on betting shop Ladbrokes, are up about 3.5pc currently after it said it will make more profit than expected this year despite an ongoing slump in its shops. My colleague Michael O’Dwyer reports: Like-for-like sales fell 18pc in the three months to September, which the company blamed on a cut in the maximum stake at fixed odds betting machines in April from £100 to £2.  However, the industry has also been hit by the decline of the high street and the rise of online and app-based betting. GVC confirmed it still expects to close 900 shops in the next two years. It has shut 41 since the beginning of July.  Sales from betting machines fell by more than a third against the same period last year but the decline in UK store performance was less severe than the company had feared.  Read more here: Ladbrokes owner GVC lifts profit guidance despite high street slump 8:43AM HKEX Chair: Not ruling out revisiting LSE takeover bid The Hong Kong stock exchange made a bid for the London Stock Exchange Credit: Bobby Yip/REUTERS (This post has been corrected after a wire error, see 10:30am update for details) The chair of Hong Kong Exchanges and Clearing, Laura Cha, has said the group isn’t ruling out talks with other exchanges, after it pulled a £32bn bid for the London Stock Exchange. Speaking at an event in Singapore, Ms Cha said she was disappointed the LSE deal didn’t go through, but said HKEX didn’t want to go hostile. HKEX v LSE - A tale of two stock exchanges Our latest reporting says London Stock Exchange investors are attempting to kick start a bidding war for the London bourse following HKEX’s withdrawal.  Top LSE shareholders are pushing other global exchanges, including the US Intercontinental Exchange (ICE), to mount a last-ditch bid for the company which could scupper its own plans for a £22bn takeover of data business Refinitiv, my colleague Harriet Russell writes. Read more here: Investors rush to whip up bidding war for London Stock Exchange after Hong Kong walks away Chief City Commentator Ben Marlow has given his verdict on the takeover escapade: This tale of woe will be remembered as one of the more bizarre episodes that the Square Mile has seen in a long time. Poorly timed, badly executed, and facing insurmountable obstacles, the approach seemed doomed from the outset. Read his full thoughts here: Hong Kong’s star-crossed bid for the LSE was doomed from the start City Intelligence newsletter (SUBSCRIBER) Article 8:27AM European stock markets grab mild gains European markets have opened narrowly in the green after some difficult trading yesterday, where negative sentiment was driven by the apparent Brexit talks breakdown, and nerves ahead of trade talks between the US and China (due to begin tomorrow). Credit: Bloomberg TV Sterling has regained some ground tomorrow, after falling sharply after Downing Street briefed journalists that a phone conversation between Angela Merkel and Boris Johnson had ended at an impasse.  8:07AM American stocks sink: what happened on Wall Street? The White House has said it will refuse to cooperate with an impeachment inquiry Credit: BRENDAN SMIALOWSKI/AFP US stocks had a painful session yesterday, with a slump in the closing minutes of trading leaving the Nasdaq down 1.7pc, and the benchmark S&P; 500 not far behind at -1.6. What’s going on on Wall Street? The main thing to go by appears to be the US-China trade war, with Washington slowly ramping up measures against the Asian economic superpower. In its latest move, the White House has placed sanctions on Chinese officials connected to the mass incarceration, forced movement and surveillance of China’s Uighur Muslim group. It comes after more Chinese firms were added to the US’s trade blacklist, and follows reports that Washington was looking at ways of restricting cash flows to China. The impact of the US-China trade war on global GDP by 2021-2022 Read more here: US restricts Chinese visas over Uighur violations, drawing angry response from Beijing  Separately, the heat is still very much on Donald Trump, as Congressional Democrats begin impeachment proceedings against the President. The White House has said it will not comply with requests for interviews and testimony, putting the country on course for a constitutional crisis. Here’s more: White House says it will not comply with Trump impeachment inquiry as key witness is blocked from testifying Read more | Donald Trump impeachment inquiry 7:18AM Agenda: Brexit deal “essentially impossible” Good morning. The pound sunk to its lowest level in more than a month against the dollar and euro yesterday, after an apparent breakdown in Brexit talks. The currency fell below $1.22 during the session, sharply sinking after No 10 sources said Angela Merkel, the German chancellor had described the prospect of a deal without Northern Ireland remaining in the Customs Union as “overwhelmingly unlikely”. Reports from the BBC and Sky said Boris Johnson, the Prime Minister, claimed the demand meant a deal was “essentially impossible”. 5 things to start your day 1) The next Metro Bank chairman: who might replace flamboyant founder Vernon Hill? Few bosses in the UK banking sector are as eccentric as American billionaire Vernon Hill, the Metro Bank founder who has compared opening a bank account in London to “having your teeth drilled” and initially made a fortune running Burger King franchises. 2) Europeans have followed Brits and fallen in love with online shopping: While Britain has led the way in its adoption of e-commerce, with online purchases as a share of total retail sales above 15pc and well on their way to 20pc by 2021 according to Euromonitor, Europe is now also fast becoming a market of online shopping devotees. Internet sales as a percentage of total retail sales 3) A Chinese CCTV firm with over one million cameras in Britain has been blacklisted by US President Donald Trump for allegedly spying on persecuted Muslim minorities. 4) In July, Boeing announced it expects to pay airlines $4.9bn in coming years to cover cancelled 737 Max flights. The model has been grounded for months after two fatal crashes. Now pilots are suing the aircraft manufacturer for $100m (£82m) for allegedly “deliberately misleading” them about the scandal-hit 737 Max aircraft. The case could spark a wave of lawsuits around the world.  5) The US Federal Reserve has confirmed its openness to further rate cuts while adding it will begin expanding its balance sheet in response to recent unexpected funding issues. Chairman Jerome Powell appeared to confirm market expectations of a 25 basis-point cut at its October meeting on Tuesday night, stating the Fed will “act as appropriate to support continued growth, a strong job market, and inflation moving back to our symmetric 2pc objective”. What happened overnight Asian stocks fell the most in a week on Wednesday as the United States and China's broadening dispute over trade and foreign policy showed little sign of coming to an end, weighing on global economic growth. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.44pc. Chinese shares fell 0.47pc after briefly touching a five-week low. Australian shares were down 0.76pc. The US Treasury yield curve steepened in Asia after US Federal Reserve Chair Jerome Powell signalled further interest rate cuts and the resumption of bond purchases to address a recent spike in money markets rates. US stock futures rose 0.22pc in Asia, but sentiment was weak after the S&P; 500 ended 1.56% lower on Tuesday in response to the US visa restrictions. Japan’s Nikkei slid 0.7pc, its biggest decline in a week. Hong Kong shares are down 0.66c, nearing a four-week low due to persistent worries about often violent protest against China's rule of the former British colony. Coming up today Trading update: GVC Economics: Mortgages (US)

    Pound bounces back from month lows after report that EU ready to make concessions of Northern Irish border, but pulls back as DUP dismisses proposal Europe recovers after deep losses on Tuesday HKEX chair says it may return to bid for other exchanges again in future US bans Chinese company behind 1.3 million UK CCTV cameras over spying allegations  Jeremy Warner: How can grown-ups get to this? Merkel’s ‘nein’ risks calamity in chaotic, no-deal Brexit 1:44PM BT plans return to high streets as part of rebranding push Philip Jansen, chief executive officer of BT Group Credit: Hollie Adams/Bloomberg Shares in BT are up about 1.5pc currently, after the telecoms giant unveiled plans to overhaul its image and improve its customer service offering ahead of a potential ultrafast broadband rollout. BT will relaunch its EE with co-branding, putting its logo on bricks-and-mortar stores for the first time since the early 00s. It will also expand its tech support team, and return all its call centres to UK locations. The strategy has been unveiled as the company prepares for talks with the government over a major project of fibre broadband rollout, which is one of the Government’s key infrastructure pledges. 1:27PM Links of London enters administration Links of London High street jewellery retailer Links of London has gone into administration after failing to find a buyer. Matt Smith, joint administrator from Deloitte, said: The company has had to contend with difficult trading conditions that have impacted the whole retail sector. The directors have been seeking alternative solutions, including consideration of a CVA, refinancing or sale, but have unfortunately been unable to conclude such a transaction. In light of ongoing cash flow pressures, this has left the directors with no choice but to place the business into administration. The company — whose products were worn by the Duchess of Cambridge in her engagement photos — has reportedly received interest from Mike Ashley of Sport Direct. Links of London gone into administration. Deloitte appointed. Business will continue to trade while a buyer is sought. Solvent sale attempted but no can do— Jonathan Eley (@JonathanEley) October 9, 2019 12:48PM Lunchtime wrap: Five things you need to know Things are moving fairly slowly currently (words I always end up regretting), so here’s a quick round up of what happened this morning: The pound jumped up from a one-month low against the dollar following a report that the EU was prepared to make a major concession on the Irish backstop, but pared back gains after the DUP criticised the proposals. The FTSE 100 has enjoyed a solid recovery, amid a chunky relief rally on European stock markets ahead of trade talks between the US and China. Hong Kong’s stock exchange has refused to rule out bidding for other stock exchanges after withdrawing a £32bn offer for its London rival earlier this week.  Hundreds of Thomas Cook stores and up to 2,500 jobs are set to be saved after Hays Travel struck a deal to buy the failed company’s entire store portfolio.  EDF has announced that repairs of 66 faulty welds at a nuclear plant under construction in western France will boost the project’s cost by 14pc to €12.4bn, adding further financial strain to the cash-strapped atomic power giant. Business Briefing Newsletter REFERRAL (Article) 12:33PM BBC: Greene King takeover gets approval Greene King will be sold to Hong Kong real estate giant CKA Credit: Greene King/PA Shareholders have accepted a takeover bid for Greene King by Hong Kong’s CKA, the BBC reports.  CKA, owned by Hong Kong billionaire Li Ka-shing, bought the FTSE 250 brewer and pub chain for £4.6bn in August. Here’s more on the takeover: Fears over fate of Greene King pubs and Suffolk brewery in wake of £4.6bn takeover 12:10PM Mistaken identity? Hays trading volume leaps as Hay Travel grabs Thomas Cook store portfolio As we pass midday, the FTSE is holding gains amid a general European rally, while the pound is sitting a little higher than where it started the London session. Now, far be it for me to question the invisible hand of the market, but FTSE 250 recruiter Hays Plc is experiencing a remarkably high volume of trading, with 1.2m shares swapping hands today. Given there’s no major news around the sector or the company itself today, it is possible that some investors may have got it mistaken with Hays Travel, which just took over 555 Thomas Cook retail locations. Either way, shares are up 2pc, so Hays Plc investors should be happy. 11:47AM FT corrects report: China considers buying 10m tonnes more soybeans per year, not $10bn more of agricultural products The Financial Times has just posted a correction to its story on Chinese farm spending (see 10:56am update). Apparently China is considering buying 10m more tonnes of soybeans a year, not spending $10bn more on agricultural products overall. Here is the altered piece, and here is the correction: That appears to be a substantially less significant move. I will add a note to the earlier post. 11:33AM Sterling settles again as DUP pours cold water on backstop proposal The pound is sinking back towards where it stood before that Times report, meaning it is once again sat around one-month lows against the dollar. Separately, EU sources have told Reuters that a breakthrough on a Brexit deal is unlikely. 11:26AM Pizza Express round-up Pizza Express chefs celebrate the opening of its new Oxford Circus restaurant earlier this year Credit:  JULIAN SIMMONDS Pizza Express become the centre of attention earlier this week, after revelations it had entered talks over its substantial debt levels. Here are three key reads to understand what is going on at the restaurant chain: Has Pizza Express run out of dough? How over-ambitious expansion plans left future of Pizza Express on a knife edge Why Pizza Express’s problems could be a tragedy for live music Pizza Express: A slice of history 10:56AM FT: China offers to increase US agricultural purchases Tariff barriers have been a headache for US farmers Credit: TANNEN MAURY/EPA-EFE/REX (Update: The FT has issued a substantial correction to this story, please see 11:47am post) News is coming thick and fast now! The Financial Times reports that Chinese officials are offering to raise annual purchases of US farm products by $10bn a year, in a bid to smooth an interim agreement to stave off new tariffs hikes. It reports: Despite US sanctions announced this week against Chinese companies and officials allegedly involved in human rights abuses in Xinjiang, Mr Liu’s team is offering to boost annual agricultural purchases to $30bn annually, from about $20bn at present. China would also make a raft of changes to non-tariff barriers that have long frustrated the US Department of Agriculture and American farmers. China offers to buy extra $10bn of US goods to ease trade war https://t.co/kK3fZfkxuz— fastFT (@fastFT) October 9, 2019 10:47AM OECD puts tech giants in its sights with proposals for global tax shake-up Companies have long been able to shift their profits to low-tax jurisdictions Credit: Jason Alden/Bloomberg The OECD has unveiled plans to make multinationals pay more tax, in a move that would majorly shake-up rules and put pressure on tech giants. Reuters reports: Governments will get more power to tax big multinationals doing business in their countries under a major overhaul of decades-old cross-border tax rules outlined on Wednesday by the Organisation for Economic Cooperation and Development. The rise of big internet companies like Google and Facebook has pushed current tax rules to the limit as such firms can legally book profit and park assets like trademarks and patents in low tax countries like Ireland regardless of where their customers are. Earlier this year more than 130 countries and territories agreed that a rewriting of tax rules largely going back to the 1920s was overdue and tasked the Paris-based OECD public policy forum to come up with proposals. How little tax the Silicon Valley tech giants pay in the UK compared to UK companies The move is likely to benefit countries such as the UK, but could create pressure on Ireland and other countries that offer favourable tax arrangements. OECD proposes long-awaited plan to make multinationals pay more tax: Revolution in corporate taxation would stop digital giants shifting profits round the world to minimise tax bills. Winners would be large countries incl Germany, France, Italy, UK, US. https://t.co/htHpO702uPpic.twitter.com/ha1f3WTpUO— Holger Zschaepitz (@Schuldensuehner) October 9, 2019 10:40AM European stocks advance on reports China open to partial trade deal Stock indices across Europe have jumped in recent minutes, after Bloomberg reported that China is still open to agreeing a partial trade deal with the US despite sanctions and tariffs. Citing a source close to the talks, Bloomberg reported: Negotiators heading to Washington for talks starting Thursday aren’t optimistic about securing a broad agreement that would end the trade war between the two nations for good, said the official, who asked not to be named as the discussions are private. But China would accept a limited deal as long as no more tariffs are imposed by President Donald Trump, including two rounds of higher duties set to take effect this month and in December, the official said. In return, Beijing would offer non-core concessions like purchases of agricultural products without giving in on major sticking points, the official said, without offering further details. That has pushed the Europe-wide STOXX 600 to gains of more than 0.9pc. Economic Intelligence newsletter SUBSCRIBER (article) 10:30AM Correction: HKEX/LSE Quick correction to my 8:43am post: Bloomberg has issued a correction to the report I based the post on, clarifying that Laura Cha said the Hong Kong exchange operator wasn’t ruling out discussions with other bourses. She did not, however, say HKEX would reconsider withdrawing its LSE bid. I’ll go correct the earlier wording now, sorry for any confusion. 10:14AM Hays: Thomas Cook stores will reopen with ‘immediate effect’ Hays Travel says it will be reopening Thomas Cook stories with “immediate effect” where possible, adding that it has already taken on 25pc of Thomas Cook’s former retail staff, but would aim to employ all 2,500 who had lost their jobs. 10:09AM Full report: Thomas Cook jobs saved as Hays Travel grabs stores Here’s our breaking news report on Hays Travel’s deal to buy failed tour operator Thomas Cook’s 555 bricks-and-mortar stores: Thomas Cook jobs saved as Hays Travel swoops on 555 stores This is wonderful news, up to 2500 Thomas Cook staff have a new home. It’s also rather surprising. I can only think that landlords have indicated a willingness to accept some steep cuts to the rents they charge. pic.twitter.com/Y8vZLkztgI— Joel Hills (@ITVJoel) October 9, 2019 10:04AM Pound’s gains fade slightly The sharp jump in the the pound has wilted somewhat in recent minutes, with some Conservatives immediately starting to accuse of Brussels of organising a ‘blame game’ — exactly what the EU accused Boris Johnson of doing earlier. You can follow the latest political updates here: Brexit latest news: The Government is set to announce its Brexit ‘decision day’ as MPs plan to hold a special Saturday sitting after the EU summit 9:51AM Hays Travel buys entire Thomas Cook retail estate, securing ‘significant number’ of jobs The deal sees Hays buy 555 stores across the UK Credit:  DANIEL LEAL-OLIVAS/ AFP Hays Travel will buy the entirety of Thomas Cook’s retail estate, according to the Insolvency Service and special managers from KPMG. The travel agent will take over many of the 555 stores, with the rest going to other independent travel agents that are part of a consortium. KPMG partner Jim Tucker said the deal: “provides re-employment opportunities for a significant number of former Thomas Cook employees, and secures the future of retail sites up and down the UK high street.” The takeover will more than quadruple the number of travel agent shops operating under Hays. John and Irene Hays, managing director and group chair of Hays Travel, said: Thomas Cook was a much-loved brand employing talented people. We look forward to working with many of them. Thomas Cook in numbers 9:21AM Sterling leaps on report that EU willing to make backstop concession The pound has leapt in the last couple of minutes, after a report in The Times that the EU is preparing to offer a mechanism for the Northern Irish assembly to unilaterally exit the controversial backstop arrangement after a set number of years. EU diplomatic sources now prepared to concede unilateral revocation of the withdrawal treaty by Stormont after a period of time, the date of 2025 has been mooted, as long as both communities agree to it— Bruno Waterfield (@BrunoBrussels) October 9, 2019 The paper reports: Diplomatic sources close to the talks said European governments are prepared to concede a unilateral revocation of the withdrawal treaty by Stormont after a period of time. The date of 2025 has been mooted, as long as both communities agree to it. Last week’s proposals from the UK contained a controversial measure which the EU said would essentially give the DUP a veto. It is one of the major sticking points to getting a deal. Traders have been raising their bets that the Government will seek a Brexit extension , as hopes of a deal splutter and the October 31 deadline nears. 9:03AM Just Eat shares climb after Dutch suitor delivers strong results Just Eat plans to merge with Dutch peer Takeaway.com Credit: Kate Palmer Just Eat is leading risers on the FTSE 100 today, after Takeaway.com, the Dutch peer it is set to merge with, posted an 87pc rise in orders and said it expects the two food-delivery companies to have completed their tie-up by the end of the year. Takeaway.com said it had processed 41.6m orders in the third quarter of the year. It is preparing for a shareholder meeting in December, which may be when it presents the plans for a tie-up formally to investors. Here’s our latest on the saga: US hedge fund attempts to block Just Eat £9bn merger Food delivery - Restaurants signed up in the UK RBC analyst Sherri Malek said the Takeaway.com results were “slightly light”, but said the company’s route to profitability was clear. 8:48AM Shares rise for Ladbrokes owner GVC despite pressures on high street Sales from betting machines fell by more than a third against the same period last yea Credit: Dan Kitwood/Getty Images Europe Shares in GVC Holdings, owner on betting shop Ladbrokes, are up about 3.5pc currently after it said it will make more profit than expected this year despite an ongoing slump in its shops. My colleague Michael O’Dwyer reports: Like-for-like sales fell 18pc in the three months to September, which the company blamed on a cut in the maximum stake at fixed odds betting machines in April from £100 to £2.  However, the industry has also been hit by the decline of the high street and the rise of online and app-based betting. GVC confirmed it still expects to close 900 shops in the next two years. It has shut 41 since the beginning of July.  Sales from betting machines fell by more than a third against the same period last year but the decline in UK store performance was less severe than the company had feared.  Read more here: Ladbrokes owner GVC lifts profit guidance despite high street slump 8:43AM HKEX Chair: Not ruling out revisiting LSE takeover bid The Hong Kong stock exchange made a bid for the London Stock Exchange Credit: Bobby Yip/REUTERS (This post has been corrected after a wire error, see 10:30am update for details) The chair of Hong Kong Exchanges and Clearing, Laura Cha, has said the group isn’t ruling out talks with other exchanges, after it pulled a £32bn bid for the London Stock Exchange. Speaking at an event in Singapore, Ms Cha said she was disappointed the LSE deal didn’t go through, but said HKEX didn’t want to go hostile. HKEX v LSE - A tale of two stock exchanges Our latest reporting says London Stock Exchange investors are attempting to kick start a bidding war for the London bourse following HKEX’s withdrawal.  Top LSE shareholders are pushing other global exchanges, including the US Intercontinental Exchange (ICE), to mount a last-ditch bid for the company which could scupper its own plans for a £22bn takeover of data business Refinitiv, my colleague Harriet Russell writes. Read more here: Investors rush to whip up bidding war for London Stock Exchange after Hong Kong walks away Chief City Commentator Ben Marlow has given his verdict on the takeover escapade: This tale of woe will be remembered as one of the more bizarre episodes that the Square Mile has seen in a long time. Poorly timed, badly executed, and facing insurmountable obstacles, the approach seemed doomed from the outset. Read his full thoughts here: Hong Kong’s star-crossed bid for the LSE was doomed from the start City Intelligence newsletter (SUBSCRIBER) Article 8:27AM European stock markets grab mild gains European markets have opened narrowly in the green after some difficult trading yesterday, where negative sentiment was driven by the apparent Brexit talks breakdown, and nerves ahead of trade talks between the US and China (due to begin tomorrow). Credit: Bloomberg TV Sterling has regained some ground tomorrow, after falling sharply after Downing Street briefed journalists that a phone conversation between Angela Merkel and Boris Johnson had ended at an impasse.  8:07AM American stocks sink: what happened on Wall Street? The White House has said it will refuse to cooperate with an impeachment inquiry Credit: BRENDAN SMIALOWSKI/AFP US stocks had a painful session yesterday, with a slump in the closing minutes of trading leaving the Nasdaq down 1.7pc, and the benchmark S&P; 500 not far behind at -1.6. What’s going on on Wall Street? The main thing to go by appears to be the US-China trade war, with Washington slowly ramping up measures against the Asian economic superpower. In its latest move, the White House has placed sanctions on Chinese officials connected to the mass incarceration, forced movement and surveillance of China’s Uighur Muslim group. It comes after more Chinese firms were added to the US’s trade blacklist, and follows reports that Washington was looking at ways of restricting cash flows to China. The impact of the US-China trade war on global GDP by 2021-2022 Read more here: US restricts Chinese visas over Uighur violations, drawing angry response from Beijing  Separately, the heat is still very much on Donald Trump, as Congressional Democrats begin impeachment proceedings against the President. The White House has said it will not comply with requests for interviews and testimony, putting the country on course for a constitutional crisis. Here’s more: White House says it will not comply with Trump impeachment inquiry as key witness is blocked from testifying Read more | Donald Trump impeachment inquiry 7:18AM Agenda: Brexit deal “essentially impossible” Good morning. The pound sunk to its lowest level in more than a month against the dollar and euro yesterday, after an apparent breakdown in Brexit talks. The currency fell below $1.22 during the session, sharply sinking after No 10 sources said Angela Merkel, the German chancellor had described the prospect of a deal without Northern Ireland remaining in the Customs Union as “overwhelmingly unlikely”. Reports from the BBC and Sky said Boris Johnson, the Prime Minister, claimed the demand meant a deal was “essentially impossible”. 5 things to start your day 1) The next Metro Bank chairman: who might replace flamboyant founder Vernon Hill? Few bosses in the UK banking sector are as eccentric as American billionaire Vernon Hill, the Metro Bank founder who has compared opening a bank account in London to “having your teeth drilled” and initially made a fortune running Burger King franchises. 2) Europeans have followed Brits and fallen in love with online shopping: While Britain has led the way in its adoption of e-commerce, with online purchases as a share of total retail sales above 15pc and well on their way to 20pc by 2021 according to Euromonitor, Europe is now also fast becoming a market of online shopping devotees. Internet sales as a percentage of total retail sales 3) A Chinese CCTV firm with over one million cameras in Britain has been blacklisted by US President Donald Trump for allegedly spying on persecuted Muslim minorities. 4) In July, Boeing announced it expects to pay airlines $4.9bn in coming years to cover cancelled 737 Max flights. The model has been grounded for months after two fatal crashes. Now pilots are suing the aircraft manufacturer for $100m (£82m) for allegedly “deliberately misleading” them about the scandal-hit 737 Max aircraft. The case could spark a wave of lawsuits around the world.  5) The US Federal Reserve has confirmed its openness to further rate cuts while adding it will begin expanding its balance sheet in response to recent unexpected funding issues. Chairman Jerome Powell appeared to confirm market expectations of a 25 basis-point cut at its October meeting on Tuesday night, stating the Fed will “act as appropriate to support continued growth, a strong job market, and inflation moving back to our symmetric 2pc objective”. What happened overnight Asian stocks fell the most in a week on Wednesday as the United States and China's broadening dispute over trade and foreign policy showed little sign of coming to an end, weighing on global economic growth. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.44pc. Chinese shares fell 0.47pc after briefly touching a five-week low. Australian shares were down 0.76pc. The US Treasury yield curve steepened in Asia after US Federal Reserve Chair Jerome Powell signalled further interest rate cuts and the resumption of bond purchases to address a recent spike in money markets rates. US stock futures rose 0.22pc in Asia, but sentiment was weak after the S&P; 500 ended 1.56% lower on Tuesday in response to the US visa restrictions. Japan’s Nikkei slid 0.7pc, its biggest decline in a week. Hong Kong shares are down 0.66c, nearing a four-week low due to persistent worries about often violent protest against China's rule of the former British colony. Coming up today Trading update: GVC Economics: Mortgages (US)


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  • 27/79   Mueller Was Seeking FBI Director Job When He Met with Trump in 2017: Report
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    Robert Mueller was seeking to become FBI director when he met with Trump on May 16, 2017, according to administration officials who spoke to Fox News.The former special counsel for the Russia investigation denied under oath during Congressional testimony over the summer that he was seeking the job at the time.“My understanding was I was not applying for the job,” Mueller told congressmen on July 24 of this year.One source confirmed that then-deputy attorney general Rod Rosenstein spoke with Mueller around May 12, 2017 regarding the possibility of appointing Mueller as special counsel. Mueller was said to have considered taking the post of special counsel only if he was denied a post at the FBI or justice department."The boss and his staff do not know about our discussions," Rosenstein wrote in an email to Mueller released after a request by Judicial Watch. Rosenstein's boss was then-attorney general Jeff Sessions, who had recused himself from the Russia probe, which suggests that President Trump would also not have known about the conversations.

    Robert Mueller was seeking to become FBI director when he met with Trump on May 16, 2017, according to administration officials who spoke to Fox News.The former special counsel for the Russia investigation denied under oath during Congressional testimony over the summer that he was seeking the job at the time.“My understanding was I was not applying for the job,” Mueller told congressmen on July 24 of this year.One source confirmed that then-deputy attorney general Rod Rosenstein spoke with Mueller around May 12, 2017 regarding the possibility of appointing Mueller as special counsel. Mueller was said to have considered taking the post of special counsel only if he was denied a post at the FBI or justice department."The boss and his staff do not know about our discussions," Rosenstein wrote in an email to Mueller released after a request by Judicial Watch. Rosenstein's boss was then-attorney general Jeff Sessions, who had recused himself from the Russia probe, which suggests that President Trump would also not have known about the conversations.


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  • 28/79   Is Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Overpaying Its CEO?
    TECHNOLOGY TOPIC NEWS

    Bob Walker has been the CEO of Premier Financial Bancorp, Inc. (NASDAQ:PFBI) since 2001. This analysis aims first to...

    Bob Walker has been the CEO of Premier Financial Bancorp, Inc. (NASDAQ:PFBI) since 2001. This analysis aims first to...


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  • 29/79   Turkey State Banks Prop Up Lira Ahead of Syria Incursion
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- The lira erased gains as Turkish troops crossed the border into Syria in preparation for a full-scale offensive, challenging efforts by state banks to buttress the currency through dollar sales.After strengthening to 5.8165 per dollar, the lira traded little changed as of 3:24 p.m in Istanbul. State banks sold U.S. currency around the 5.84 per-dollar mark, according to four people familiar with the matter who asked not to be identified as the information isn’t public. They bought about $1 billion-worth of lira on Monday and Tuesday, according to two of the people.The currency posted its biggest decline since early August on Monday, amid concern that Turkey and the U.S. were lurching toward a fresh diplomatic crisis over Ankara’s plans in Syria. While American President Donald Trump tacitly endorsed the operation, a day later he threatened to “obliterate” Turkey’s economy if it did anything he considered “off limits.”A small forward group of Turkish forces entered Syria Wednesday at two points along the frontier in preparation for a broader offensive, according to an official who spoke on condition of anonymity.The dollar sales threaten to revive a debate about the strength of the central bank’s own foreign-currency buffers, which surfaced in the weeks leading up to municipal elections in March. At the time, state banks were said to have sold between $10 billion and $15 billion to stem the lira’s depreciation.“The central bank doesn’t have sufficient foreign reserves to intervene on a large scale for a prolonged period of time,” said Piotr Matys, a strategist at Rabobank in London.Reserve DebateTurkey has $35.7 billion of international reserves, up from a low of $26.1 billion in March, according to official data. Still, in a report published Tuesday, Capital Economics said Turkey’s gross external financing requirements as a share of the cash buffer were among the highest in emerging markets.“Turkey’s poor external position means that the mere threat of more action would weigh on the lira and may force the central bank to reverse its easing cycle,” wrote Jason Tuvey, a senior emerging-markets economist at Capital Economics in London.Since July, the Turkish central bank has slashed borrowing costs by 750 basis points, a front-loaded easing effort designed to prime the economy after its first recession in the decade. The looser monetary conditions, however, threaten to erode the currency’s yield appeal, exposing it to shifts in investor appetite.Still, there was little sign of distress in other corners of the market. One-month implied volatility on the Turkish lira -- a gauge of expected price swings -- fell for a second day. The Turkish government’s 10-year benchmark bond advanced, with the yield dropping 15 basis points to just under 14%.While the lira could weaken toward 5.95 against the dollar, “we do not think these geopolitical complications will ultimately trigger another major re-pricing,” analysts including Nimrod Mevorach at Credit Suisse in London wrote in a note to clients.(Updates prices throughout; adds analyst comments, background starting in 8th paragraph)To contact the reporters on this story: Asli Kandemir in Istanbul at akandemir@bloomberg.net;Constantine Courcoulas in Istanbul at ccourcoulas1@bloomberg.net;Kerim Karakaya in Istanbul at kkarakaya2@bloomberg.netTo contact the editors responsible for this story: Onur Ant at oant@bloomberg.net, ;Dana El Baltaji at delbaltaji@bloomberg.net, Alex Nicholson, Justin CarriganFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- The lira erased gains as Turkish troops crossed the border into Syria in preparation for a full-scale offensive, challenging efforts by state banks to buttress the currency through dollar sales.After strengthening to 5.8165 per dollar, the lira traded little changed as of 3:24 p.m in Istanbul. State banks sold U.S. currency around the 5.84 per-dollar mark, according to four people familiar with the matter who asked not to be identified as the information isn’t public. They bought about $1 billion-worth of lira on Monday and Tuesday, according to two of the people.The currency posted its biggest decline since early August on Monday, amid concern that Turkey and the U.S. were lurching toward a fresh diplomatic crisis over Ankara’s plans in Syria. While American President Donald Trump tacitly endorsed the operation, a day later he threatened to “obliterate” Turkey’s economy if it did anything he considered “off limits.”A small forward group of Turkish forces entered Syria Wednesday at two points along the frontier in preparation for a broader offensive, according to an official who spoke on condition of anonymity.The dollar sales threaten to revive a debate about the strength of the central bank’s own foreign-currency buffers, which surfaced in the weeks leading up to municipal elections in March. At the time, state banks were said to have sold between $10 billion and $15 billion to stem the lira’s depreciation.“The central bank doesn’t have sufficient foreign reserves to intervene on a large scale for a prolonged period of time,” said Piotr Matys, a strategist at Rabobank in London.Reserve DebateTurkey has $35.7 billion of international reserves, up from a low of $26.1 billion in March, according to official data. Still, in a report published Tuesday, Capital Economics said Turkey’s gross external financing requirements as a share of the cash buffer were among the highest in emerging markets.“Turkey’s poor external position means that the mere threat of more action would weigh on the lira and may force the central bank to reverse its easing cycle,” wrote Jason Tuvey, a senior emerging-markets economist at Capital Economics in London.Since July, the Turkish central bank has slashed borrowing costs by 750 basis points, a front-loaded easing effort designed to prime the economy after its first recession in the decade. The looser monetary conditions, however, threaten to erode the currency’s yield appeal, exposing it to shifts in investor appetite.Still, there was little sign of distress in other corners of the market. One-month implied volatility on the Turkish lira -- a gauge of expected price swings -- fell for a second day. The Turkish government’s 10-year benchmark bond advanced, with the yield dropping 15 basis points to just under 14%.While the lira could weaken toward 5.95 against the dollar, “we do not think these geopolitical complications will ultimately trigger another major re-pricing,” analysts including Nimrod Mevorach at Credit Suisse in London wrote in a note to clients.(Updates prices throughout; adds analyst comments, background starting in 8th paragraph)To contact the reporters on this story: Asli Kandemir in Istanbul at akandemir@bloomberg.net;Constantine Courcoulas in Istanbul at ccourcoulas1@bloomberg.net;Kerim Karakaya in Istanbul at kkarakaya2@bloomberg.netTo contact the editors responsible for this story: Onur Ant at oant@bloomberg.net, ;Dana El Baltaji at delbaltaji@bloomberg.net, Alex Nicholson, Justin CarriganFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 30/79   Is There Now An Opportunity In Pattern Energy Group Inc. (NASDAQ:PEGI)?
    TECHNOLOGY TOPIC NEWS

    Pattern Energy Group Inc. (NASDAQ:PEGI), which is in the renewable energy business, and is based in United States, saw...

    Pattern Energy Group Inc. (NASDAQ:PEGI), which is in the renewable energy business, and is based in United States, saw...


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  • 31/79   How Do Parsley Energy, Inc.’s (NYSE:PE) Returns Compare To Its Industry?
    TECHNOLOGY TOPIC NEWS

    Today we are going to look at Parsley Energy, Inc. (NYSE:PE) to see whether it might be an attractive investment...

    Today we are going to look at Parsley Energy, Inc. (NYSE:PE) to see whether it might be an attractive investment...


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  • 32/79   Here's Why We're Not At All Concerned With PagerDuty's (NYSE:PD) Cash Burn Situation
    TECHNOLOGY TOPIC NEWS

    There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

    There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...


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  • 33/79   Overdraft fees steeper at banks than credit unions
    TECHNOLOGY TOPIC NEWS

    The study also found that the average credit union overdraft fee is nearly $10 less than that of large banks.  Other institutions, including some online banks, don't offer overdraft programs, and so debit card transactions that would overdraw an account are declined.  In our analysis, we calculated the average fee at institutions that charge for overdraft protection and outlined ways customers can reduce or avoid these costs.

    The study also found that the average credit union overdraft fee is nearly $10 less than that of large banks. Other institutions, including some online banks, don't offer overdraft programs, and so debit card transactions that would overdraw an account are declined. In our analysis, we calculated the average fee at institutions that charge for overdraft protection and outlined ways customers can reduce or avoid these costs.


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  • 34/79   Is Paylocity Holding Corporation's (NASDAQ:PCTY) 17% ROE Better Than Average?
    TECHNOLOGY TOPIC NEWS

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

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


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  • 35/79   Stocks Jump on Fresh Trade-Deal Hopes; Dollar Dips: Markets Wrap
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- U.S. index futures jumped along with stocks in Europe as China revived hopes of progress in trade talks with America this week despite a host of potential headwinds. Treasuries slipped.Contracts on the S&P 500, Dow Jones and Nasdaq 100 indexes extended gains after a report that China is still open to a partial trade deal with the U.S. In Europe, technology companies and carmakers led a broad-based advance on the Stoxx Europe 600 index. Benchmark equity gauges had earlier fallen across Asia, except for those in Shanghai and Mumbai.The dollar weakened after two days of gains. Bond yields across Europe ticked higher except in Greece, where they dropped after the region’s most-indebted country sold bills at negative yields. Gold held above $1,500 an ounce.High-level U.S.-China trade talks are set to resume in Washington on Thursday even as relations have deteriorated between the two countries. While a broad agreement seems unlikely, China signaled it’s open to a limited deal, provided no more tariffs are imposed by President Donald Trump, according to an official. In return, Beijing would offer non-core concessions like purchases of agricultural products without giving in on major sticking points, the official said, without offering further details.The Trump administration on Tuesday slapped visa bans on some Chinese officials and placed a number of Chinese technology firms on a blacklist. Bloomberg also reported the White House is moving ahead with discussions about restricting U.S. government pension investments in China.The latest U.S.-China flare-up overshadowed comments by Federal Reserve Chairman Jerome Powell, who said the central bank will resume purchases of Treasury securities to avoid a repeat of recent turmoil in money markets, while hinting at the possibility of another rate cut. Minutes of the Fed’s last rates meeting will be released tonight, providing further insight into policy makers’ thinking ahead of their next meeting at the end of the month.“Judging from this week’s U.S. onslaught on Chinese firms, trade negotiations are going to prove less constructive than thought, intensifying risks to global growth,” said Nema Ramkhelawan-Bhana, an economist at FirstRand Bank in Johannesburg, in note to clients. “In the absence of fiscal expansion, countries will defer to central banks to cushion the blow by providing further policy accommodation.”Elsewhere, the yuan climbed offshore and headed to its biggest gain in almost a month, helped by trade optimism and a stronger-than-expected daily fixing. West Texas crude rose above $53 a barrel. Turkey’s lira fluctuated as the country’s military began crossing the border into Syria as it had previously warned.Here are some key events coming up this week:On Wednesday, minutes will be released from the last policy meeting of the Fed’s rate-setting committee.he account of the European Central Bank’s last gathering is due Thursday.Chinese President Xi Jinping is scheduled to meet Indian Prime Minister Narendra Modi on Friday and Saturday for an informal summit.The U.S. releases a key measure of inflation on Thursday.Here are the main moves in markets:StocksThe Stoxx Europe 600 Index gained 0.6% as of 8:11 a.m. New York time.Futures on the S&P 500 Index jumped 0.9%.The U.K.’s FTSE 100 Index rose 0.7%.The MSCI All-Country World Index climbed 0.1%.The MSCI Emerging Market Index dipped 0.2%.CurrenciesThe Bloomberg Dollar Spot Index declined 0.1%.The euro rose 0.2% to $1.0981.The British pound was little changed at $1.2224.The Japanese yen depreciated 0.3% to 107.38 per dollar.BondsThe yield on 10-year Treasuries jumped three basis points to 1.56%.The yield on two-year Treasuries increased one basis point to 1.43%.Britain’s 10-year yield climbed four basis points to 0.451%.Germany’s 10-year yield rose three basis points to -0.57%.Japan’s 10-year yield climbed less than one basis point to -0.2%.CommoditiesWest Texas Intermediate crude climbed 0.9% to $53.10 a barrel.Gold decreased 0.2% to $1,502.54 an ounce.Iron ore sank 4% to $86.10 per metric ton.\--With assistance from Cormac Mullen and Adam Haigh.To contact the reporter on this story: Robert Brand in Cape Town at rbrand9@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Todd WhiteFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- U.S. index futures jumped along with stocks in Europe as China revived hopes of progress in trade talks with America this week despite a host of potential headwinds. Treasuries slipped.Contracts on the S&P 500, Dow Jones and Nasdaq 100 indexes extended gains after a report that China is still open to a partial trade deal with the U.S. In Europe, technology companies and carmakers led a broad-based advance on the Stoxx Europe 600 index. Benchmark equity gauges had earlier fallen across Asia, except for those in Shanghai and Mumbai.The dollar weakened after two days of gains. Bond yields across Europe ticked higher except in Greece, where they dropped after the region’s most-indebted country sold bills at negative yields. Gold held above $1,500 an ounce.High-level U.S.-China trade talks are set to resume in Washington on Thursday even as relations have deteriorated between the two countries. While a broad agreement seems unlikely, China signaled it’s open to a limited deal, provided no more tariffs are imposed by President Donald Trump, according to an official. In return, Beijing would offer non-core concessions like purchases of agricultural products without giving in on major sticking points, the official said, without offering further details.The Trump administration on Tuesday slapped visa bans on some Chinese officials and placed a number of Chinese technology firms on a blacklist. Bloomberg also reported the White House is moving ahead with discussions about restricting U.S. government pension investments in China.The latest U.S.-China flare-up overshadowed comments by Federal Reserve Chairman Jerome Powell, who said the central bank will resume purchases of Treasury securities to avoid a repeat of recent turmoil in money markets, while hinting at the possibility of another rate cut. Minutes of the Fed’s last rates meeting will be released tonight, providing further insight into policy makers’ thinking ahead of their next meeting at the end of the month.“Judging from this week’s U.S. onslaught on Chinese firms, trade negotiations are going to prove less constructive than thought, intensifying risks to global growth,” said Nema Ramkhelawan-Bhana, an economist at FirstRand Bank in Johannesburg, in note to clients. “In the absence of fiscal expansion, countries will defer to central banks to cushion the blow by providing further policy accommodation.”Elsewhere, the yuan climbed offshore and headed to its biggest gain in almost a month, helped by trade optimism and a stronger-than-expected daily fixing. West Texas crude rose above $53 a barrel. Turkey’s lira fluctuated as the country’s military began crossing the border into Syria as it had previously warned.Here are some key events coming up this week:On Wednesday, minutes will be released from the last policy meeting of the Fed’s rate-setting committee.he account of the European Central Bank’s last gathering is due Thursday.Chinese President Xi Jinping is scheduled to meet Indian Prime Minister Narendra Modi on Friday and Saturday for an informal summit.The U.S. releases a key measure of inflation on Thursday.Here are the main moves in markets:StocksThe Stoxx Europe 600 Index gained 0.6% as of 8:11 a.m. New York time.Futures on the S&P 500 Index jumped 0.9%.The U.K.’s FTSE 100 Index rose 0.7%.The MSCI All-Country World Index climbed 0.1%.The MSCI Emerging Market Index dipped 0.2%.CurrenciesThe Bloomberg Dollar Spot Index declined 0.1%.The euro rose 0.2% to $1.0981.The British pound was little changed at $1.2224.The Japanese yen depreciated 0.3% to 107.38 per dollar.BondsThe yield on 10-year Treasuries jumped three basis points to 1.56%.The yield on two-year Treasuries increased one basis point to 1.43%.Britain’s 10-year yield climbed four basis points to 0.451%.Germany’s 10-year yield rose three basis points to -0.57%.Japan’s 10-year yield climbed less than one basis point to -0.2%.CommoditiesWest Texas Intermediate crude climbed 0.9% to $53.10 a barrel.Gold decreased 0.2% to $1,502.54 an ounce.Iron ore sank 4% to $86.10 per metric ton.\--With assistance from Cormac Mullen and Adam Haigh.To contact the reporter on this story: Robert Brand in Cape Town at rbrand9@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Todd WhiteFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 36/79   Viscofan, S.A. (BME:VIS) Earns Among The Best Returns In Its Industry
    TECHNOLOGY TOPIC NEWS

    Today we'll look at Viscofan, S.A. (BME:VIS) and reflect on its potential as an investment. Specifically, we'll...

    Today we'll look at Viscofan, S.A. (BME:VIS) and reflect on its potential as an investment. Specifically, we'll...


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  • 37/79   What Kind Of Shareholder Owns Most PCSB Financial Corporation (NASDAQ:PCSB) Stock?
    TECHNOLOGY TOPIC NEWS

    A look at the shareholders of PCSB Financial Corporation (NASDAQ:PCSB) can tell us which group is most powerful...

    A look at the shareholders of PCSB Financial Corporation (NASDAQ:PCSB) can tell us which group is most powerful...


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  • 38/79   Hostile State Takeover Tops Europe’s List of 5G Worries
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- The European Union has warned against a nightmare scenario whereby hackers or hostile states assume control of everything from electricity grids to police communications and even home appliances, in a report assessing the security risks stemming from the roll out of 5G technology.The review, first reported by Bloomberg News on Tuesday and officially published Wednesday, doesn’t name China or Huawei, it paves the way for regulatory measures such as restricting an over reliance on telecom equipment from a single supplier, especially if the latter is based in a country with poor democratic standards.“Hostile third countries may exercise pressure on 5G suppliers in order to facilitate cyberattacks serving their national interests,” the EU said in its 24-pages report to be published on Wednesday. Suppliers may be subjected to pressure because of their ownership, their home country’s legislation and states, experts at the EU wrote.The document, originally coded “amber” for a restricted circulation, points to non-democratic countries that could exert pressure and poses a risk of spying. It warned in its conclusions that the new technology will “increase the number of attacks paths that could be exploited by threat actors, in particular non-EU states or state-backed actors, because of their capabilities (intent and resources) to perform attacks against EU Member States telecommunications networks.”The EU is calling on its members states to revise their security systems ahead of the deployment of the 5G technology citing risks ranging from state-backed espionage, to sabotage through malware by criminal groups and denial of services that would block end users appliances. It also warned countries and operators of the risks of relying on a sole supplier to build their infrastructure of the risks, without citing countries like Italy who have already signed deals with Huawei.The European Commission, the bloc’s executive branch, will unveil its assessment of 5G security risks Wednesday, as Washington continues to pressure allies to reject Huawei from its future networks. U.S. officials have threatened to cut off intelligence with countries that don’t, while not ruling out other potential penalties.“EU-based operators who become overly dependent on a single equipment supplier are exposed to a number of risks caused by that supplier coming under sustained commercial pressure, whether due to commercial failure, being subject to a merger or acquisition, or being placed under sanctions,” according to the report.The assessment is set to serve the basis for European-wide measures in the area, including possibly designating vendors like Huawei as “non-secure.” It was written following contributions sent send by all members states, including Germany and France.The Commission sought to explore the full range of risks ranging from vital industries capacity to function to “democratic processes, such as elections” that will eventually rely on the 5G system to work.While any decision to ban Huawei would ultimately rest with the capitals -- and no European country has yet decided to fully ban the company from its networks -- the EU-wide approach could make it more difficult for Beijing to retaliate against any individual European country that takes too hard a line against Huawei.U.S. and European officials have raised concerns about partnering with Chinese equipment makers like Huawei following a 2017 Chinese law that mandates any organization and citizen to support and assist national intelligence in their investigations.(Updated with report’s offical release, context)\--With assistance from Natalia Drozdiak.To contact the reporters on this story: Nikos Chrysoloras in Brussels at nchrysoloras@bloomberg.net;Helene Fouquet in Paris at hfouquet1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Andrew MartinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- The European Union has warned against a nightmare scenario whereby hackers or hostile states assume control of everything from electricity grids to police communications and even home appliances, in a report assessing the security risks stemming from the roll out of 5G technology.The review, first reported by Bloomberg News on Tuesday and officially published Wednesday, doesn’t name China or Huawei, it paves the way for regulatory measures such as restricting an over reliance on telecom equipment from a single supplier, especially if the latter is based in a country with poor democratic standards.“Hostile third countries may exercise pressure on 5G suppliers in order to facilitate cyberattacks serving their national interests,” the EU said in its 24-pages report to be published on Wednesday. Suppliers may be subjected to pressure because of their ownership, their home country’s legislation and states, experts at the EU wrote.The document, originally coded “amber” for a restricted circulation, points to non-democratic countries that could exert pressure and poses a risk of spying. It warned in its conclusions that the new technology will “increase the number of attacks paths that could be exploited by threat actors, in particular non-EU states or state-backed actors, because of their capabilities (intent and resources) to perform attacks against EU Member States telecommunications networks.”The EU is calling on its members states to revise their security systems ahead of the deployment of the 5G technology citing risks ranging from state-backed espionage, to sabotage through malware by criminal groups and denial of services that would block end users appliances. It also warned countries and operators of the risks of relying on a sole supplier to build their infrastructure of the risks, without citing countries like Italy who have already signed deals with Huawei.The European Commission, the bloc’s executive branch, will unveil its assessment of 5G security risks Wednesday, as Washington continues to pressure allies to reject Huawei from its future networks. U.S. officials have threatened to cut off intelligence with countries that don’t, while not ruling out other potential penalties.“EU-based operators who become overly dependent on a single equipment supplier are exposed to a number of risks caused by that supplier coming under sustained commercial pressure, whether due to commercial failure, being subject to a merger or acquisition, or being placed under sanctions,” according to the report.The assessment is set to serve the basis for European-wide measures in the area, including possibly designating vendors like Huawei as “non-secure.” It was written following contributions sent send by all members states, including Germany and France.The Commission sought to explore the full range of risks ranging from vital industries capacity to function to “democratic processes, such as elections” that will eventually rely on the 5G system to work.While any decision to ban Huawei would ultimately rest with the capitals -- and no European country has yet decided to fully ban the company from its networks -- the EU-wide approach could make it more difficult for Beijing to retaliate against any individual European country that takes too hard a line against Huawei.U.S. and European officials have raised concerns about partnering with Chinese equipment makers like Huawei following a 2017 Chinese law that mandates any organization and citizen to support and assist national intelligence in their investigations.(Updated with report’s offical release, context)\--With assistance from Natalia Drozdiak.To contact the reporters on this story: Nikos Chrysoloras in Brussels at nchrysoloras@bloomberg.net;Helene Fouquet in Paris at hfouquet1@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Andrew MartinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 39/79   How Should Investors Feel About Pathfinder Bancorp, Inc.'s (NASDAQ:PBHC) CEO Pay?
    TECHNOLOGY TOPIC NEWS

    In 2000 Tom Schneider was appointed CEO of Pathfinder Bancorp, Inc. (NASDAQ:PBHC). This report will, first, examine...

    In 2000 Tom Schneider was appointed CEO of Pathfinder Bancorp, Inc. (NASDAQ:PBHC). This report will, first, examine...


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  • 40/79   White House tells Democrats it will not cooperate with impeachment inquiry
    POLITICS TOPIC NEWS

    In a letter to House Democrats, White House counsel Pat Cipollone calls the impeachment inquiry “constitutionally invalid” and indicates the White House won’t cooperate with it.

    In a letter to House Democrats, White House counsel Pat Cipollone calls the impeachment inquiry “constitutionally invalid” and indicates the White House won’t cooperate with it.


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  • 41/79   US F-16 warplane crashes in Germany with pilot taken to hospital
    POLITICS TOPIC NEWS

    An American F-16 fighter jet crashed Tuesday near the city of Trier in western Germany, the German air force told AFP, with the pilot surviving after using the ejector seat. After multiple emergency calls around 3:15 pm local time, emergency services reached the scene near the village of Zemmer, police said in a statement. The airman was taken to hospital. Police said it was not immediately clear how seriously he was injured in the crash. Authorities blocked off a large zone around the crash site including several roads, the police statement added, urging drivers to avoid the area. A spokesman for the nearby US military airbase at Spangdahlem told AFP he had no further information about the crash, its causes or the health of the pilot. Germany is no stranger to military aircraft crashes, including in its own shortage-plagued Bundeswehr armed forces. In June this year, two of the air force's Eurofighter jets crashed after colliding in mid-air in northeastern Germany. One of the pilots was killed, while the other ejected to safety. Less than a week later, a helicopter pilot died when his aircraft crashed near an army training centre. The last American military crash in Germany dates back to 2015, when one of the Spangdahlem base's F-16 fighters went down in northern Bavaria. In that incident, the pilot surviving after ejecting from the plane.

    An American F-16 fighter jet crashed Tuesday near the city of Trier in western Germany, the German air force told AFP, with the pilot surviving after using the ejector seat. After multiple emergency calls around 3:15 pm local time, emergency services reached the scene near the village of Zemmer, police said in a statement. The airman was taken to hospital. Police said it was not immediately clear how seriously he was injured in the crash. Authorities blocked off a large zone around the crash site including several roads, the police statement added, urging drivers to avoid the area. A spokesman for the nearby US military airbase at Spangdahlem told AFP he had no further information about the crash, its causes or the health of the pilot. Germany is no stranger to military aircraft crashes, including in its own shortage-plagued Bundeswehr armed forces. In June this year, two of the air force's Eurofighter jets crashed after colliding in mid-air in northeastern Germany. One of the pilots was killed, while the other ejected to safety. Less than a week later, a helicopter pilot died when his aircraft crashed near an army training centre. The last American military crash in Germany dates back to 2015, when one of the Spangdahlem base's F-16 fighters went down in northern Bavaria. In that incident, the pilot surviving after ejecting from the plane.


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  • 42/79   Sri Lanka suspends senior officers for false attack warning
    POLITICS TOPIC NEWS

    Sri Lanka's police Tuesday suspended two senior officers for falsely warning of a suicide attack similar to the Easter Sunday bombings that killed at least 258 people in April.  Several luxury hotels received a message from police last week cautioning them to step up security.  Police spokesman Ruwan Gunasekera said the two officers responsible were being disciplined for causing panic.

    Sri Lanka's police Tuesday suspended two senior officers for falsely warning of a suicide attack similar to the Easter Sunday bombings that killed at least 258 people in April. Several luxury hotels received a message from police last week cautioning them to step up security. Police spokesman Ruwan Gunasekera said the two officers responsible were being disciplined for causing panic.


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  • 43/79   Judge clears record of 21-year-old jailed 10 days for oversleeping jury duty: 'Totally rehabilitated'
    POLITICS TOPIC NEWS

    Deandre Somerville, 21, spent 10 days in jail after he overslept and missed jury duty. The Palm Beach County Circuit Judge since cleared his record.

    Deandre Somerville, 21, spent 10 days in jail after he overslept and missed jury duty. The Palm Beach County Circuit Judge since cleared his record.


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  • 44/79   Warren stands by account of once being fired for pregnancy
    POLITICS TOPIC NEWS

    Elizabeth Warren is standing by her account of being fired from a teaching job nearly 50 years ago because she was pregnant — an anecdote that she routinely recounts at campaign events but one that some conservatives charge has been embellished to make the narrative more compelling for her presidential run.  In a campaign speech she repeats at town halls while crisscrossing the country, the Massachusetts senator tells of graduating from the University of Houston and being hired by the Riverdale Board of Education in New Jersey as a speech pathologist during the 1970-71 school year.  On Monday, though, Fox News reported on a video of a 2007 interview Warren gave at the University of California at Berkeley where she offered a different account of leaving teaching — suggesting it was by choice.

    Elizabeth Warren is standing by her account of being fired from a teaching job nearly 50 years ago because she was pregnant — an anecdote that she routinely recounts at campaign events but one that some conservatives charge has been embellished to make the narrative more compelling for her presidential run. In a campaign speech she repeats at town halls while crisscrossing the country, the Massachusetts senator tells of graduating from the University of Houston and being hired by the Riverdale Board of Education in New Jersey as a speech pathologist during the 1970-71 school year. On Monday, though, Fox News reported on a video of a 2007 interview Warren gave at the University of California at Berkeley where she offered a different account of leaving teaching — suggesting it was by choice.


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  • 45/79   Russia's Missiles Can't Take the Heat (Seriously)
    POLITICS TOPIC NEWS

    They don't work like they're supposed to in the scorching Middle East.

    They don't work like they're supposed to in the scorching Middle East.


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  • 46/79   How the most prolific serial killer in American history got away with it for nearly 50 years
    POLITICS TOPIC NEWS

    Officials say Little was able to go undetected for so long due to the fact that he moved around a lot and targeted marginalized women.

    Officials say Little was able to go undetected for so long due to the fact that he moved around a lot and targeted marginalized women.


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  • 47/79   Trump's top economic advisor 'doesn't know' if president was serious about China investigating Biden
    POLITICS TOPIC NEWS

    Donald Trump’s top economic advisor has said he does not know if the president was joking or being serious, when he called upon Ukraine and China to investigate political rival Joe Biden.The president sparked controversy last week when, already in hot water over claims he asked Ukraine’s president to dig up dirt on Mr Biden and his son to help his reelection efforts, he called upon Beijing to do the same.

    Donald Trump’s top economic advisor has said he does not know if the president was joking or being serious, when he called upon Ukraine and China to investigate political rival Joe Biden.The president sparked controversy last week when, already in hot water over claims he asked Ukraine’s president to dig up dirt on Mr Biden and his son to help his reelection efforts, he called upon Beijing to do the same.


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  • 48/79   Sen. Graham: Congress will call for Turkey's NATO suspension and hit it with sanctions if it attacks Kurds
    POLITICS TOPIC NEWS

    Republican Sen. Lindsey Graham of South Carolina on Monday warned Turkey a bipartisan group of lawmakers would introduce sanctions against it and “call for their suspension from NATO” if it attacks the Kurds in Syria.

    Republican Sen. Lindsey Graham of South Carolina on Monday warned Turkey a bipartisan group of lawmakers would introduce sanctions against it and “call for their suspension from NATO” if it attacks the Kurds in Syria.


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  • 49/79   Johnson urges US to give up diplomat's wife over fatal crash
    POLITICS TOPIC NEWS

    Britain's Prime Minister Boris Johnson urged the United States on Monday to reconsider granting immunity to a diplomat's wife suspected of killing a teenager in a British road crash. Johnson said he was prepared to intervene with President Donald Trump to secure the woman's return to Britain to face investigation over the death of 19-year-old Harry Dunn. "I do not think that it can be right to use the process of diplomatic immunity for this type of purpose," the prime minister told reporters on a visit to a hospital.

    Britain's Prime Minister Boris Johnson urged the United States on Monday to reconsider granting immunity to a diplomat's wife suspected of killing a teenager in a British road crash. Johnson said he was prepared to intervene with President Donald Trump to secure the woman's return to Britain to face investigation over the death of 19-year-old Harry Dunn. "I do not think that it can be right to use the process of diplomatic immunity for this type of purpose," the prime minister told reporters on a visit to a hospital.


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  • 50/79   A new study reveals how the last woolly mammoths died out 4,000 years ago. That's after the Egyptians had built the pyramids.
    SCIENCE TOPIC NEWS

    The last of the woolly mammoths died on an Arctic island 4,000 years ago, meaning these animals went extinct much later than scientists once thought.

    The last of the woolly mammoths died on an Arctic island 4,000 years ago, meaning these animals went extinct much later than scientists once thought.


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  • 51/79   Back-to-back meteor showers make this a great week for stargazing
    SCIENCE TOPIC NEWS

    Back-to-back meteor showers make this a great week for stargazing originally appeared on abcnews.go.comCalifornia residents spotted odd lights beaming through the sky Monday night. So naturally, many took to social media to share videos and get answers.What people were observing meteor showers.“The Draconids meteor shower kicks off the fall meteor shower season,” Dave Samuhel, AccuWeather astronomy blogger and meteorologist, said in a statement. ...

    Back-to-back meteor showers make this a great week for stargazing originally appeared on abcnews.go.comCalifornia residents spotted odd lights beaming through the sky Monday night. So naturally, many took to social media to share videos and get answers.What people were observing meteor showers.“The Draconids meteor shower kicks off the fall meteor shower season,” Dave Samuhel, AccuWeather astronomy blogger and meteorologist, said in a statement. ...


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  • 52/79   NASA's Curiosity rover found a weirdly salty 'ancient oasis' on Mars
    SCIENCE TOPIC NEWS

    NASA's Curiosity rover discovered what it dubs an 'ancient oasis' on the red planet, featuring some very unusual salts.  After sending Curiosity to explore the floor of the 100-meter-wide Gale Crater, scientists at NASA's Jet Propulsion Laboratory said in a statement Monday that millions of years ago, the floor of the crater might have been covered with shallow streams.  The rocks that Curiosity found were also filled with unique mineral salts.

    NASA's Curiosity rover discovered what it dubs an 'ancient oasis' on the red planet, featuring some very unusual salts. After sending Curiosity to explore the floor of the 100-meter-wide Gale Crater, scientists at NASA's Jet Propulsion Laboratory said in a statement Monday that millions of years ago, the floor of the crater might have been covered with shallow streams. The rocks that Curiosity found were also filled with unique mineral salts.


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  • 53/79   Saturn Is the New Moon King
    SCIENCE TOPIC NEWS

    And Jupiter is now in the second spot.

    And Jupiter is now in the second spot.


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  • 54/79   'Big Bang Theory' gets shout out to Nobel Prize announcement
    SCIENCE TOPIC NEWS

    Life imitated art Tuesday when 'The Big Bang Theory' — the American TV sitcom, not the scientific explanation for how the universe began — entered the annals of Nobel Prize history.  The announcement of the winners of this year's Nobel in physics began with a nod to an unlikely cultural reference: the opening lyrics to the show's theme song.  'The Big Bang Theory' had its finale in May. In the episode, two of the main characters, Sheldon and Amy, win the physics prize.

    Life imitated art Tuesday when 'The Big Bang Theory' — the American TV sitcom, not the scientific explanation for how the universe began — entered the annals of Nobel Prize history. The announcement of the winners of this year's Nobel in physics began with a nod to an unlikely cultural reference: the opening lyrics to the show's theme song. 'The Big Bang Theory' had its finale in May. In the episode, two of the main characters, Sheldon and Amy, win the physics prize.


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  • 55/79   MLB playoffs, snowstorm hits central US, California power outages: 5 things to know Wednesday
    SCIENCE TOPIC NEWS

    Two winner-take-all Game 5s in Major League Baseball, snowstorm hits north-central U.S., and more things to start your Wednesday morning.

    Two winner-take-all Game 5s in Major League Baseball, snowstorm hits north-central U.S., and more things to start your Wednesday morning.


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  • 56/79   Before Nobels: Gifts to and From Rich Patrons Were Early Science’s Currency
    SCIENCE TOPIC NEWS

    Collaborative scientific societies, beginning in the mid-17th century, distanced rewards from the whims and demands of individual patrons.

    Collaborative scientific societies, beginning in the mid-17th century, distanced rewards from the whims and demands of individual patrons.


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  • 57/79   The Russian Navy Wants Tiny, Stealth Commando Submarines
    SCIENCE TOPIC NEWS

    The Russian Navy may be getting small, hard to detect submarines for landing frogmen.

    The Russian Navy may be getting small, hard to detect submarines for landing frogmen.


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  • 58/79   China Is Trying to Use Lasers and Magnets to 'Unstealth' U.S. Navy Submarines
    SCIENCE TOPIC NEWS

    Scientists at a Chinese research institute say they developed an airborne laser that might eventually detect hostile subs even at great depths. And that is just for starters.

    Scientists at a Chinese research institute say they developed an airborne laser that might eventually detect hostile subs even at great depths. And that is just for starters.


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  • 59/79   Astronauts just printed meat in space for the first time — and it could change the way we grow food on Earth
    SCIENCE TOPIC NEWS

    A spacecraft with vials of cow cells landed at the International Space Station in September. From there, cosmonauts fed the vials into a 3D printer.

    A spacecraft with vials of cow cells landed at the International Space Station in September. From there, cosmonauts fed the vials into a 3D printer.


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  • 60/79   The Latest: Kurds ask Russia to broker talks with Damascus
    WORLD TOPIC NEWS

    The U.S-backed Syrian Kurdish group is calling on Moscow to broker talks with the Syrian government in Damascus, in light of Turkey's planned military invasion in northeastern Syria.  The Syrian Kurdish-led administration says in a statement on Wednesday that it's responding positively to calls from Moscow encouraging the Kurds and the Syrian government to settle their difference through talks.  A Syrian Kurdish official also says they have reached out to Damascus 'and other parties' ahead of the anticipated Turkish operation.

    The U.S-backed Syrian Kurdish group is calling on Moscow to broker talks with the Syrian government in Damascus, in light of Turkey's planned military invasion in northeastern Syria. The Syrian Kurdish-led administration says in a statement on Wednesday that it's responding positively to calls from Moscow encouraging the Kurds and the Syrian government to settle their difference through talks. A Syrian Kurdish official also says they have reached out to Damascus 'and other parties' ahead of the anticipated Turkish operation.


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  • 61/79   Kurds mobilize in Syria as Turkey poised for imminent attack
    WORLD TOPIC NEWS

    Warning of a 'humanitarian catastrophe,' Syrian Kurdish forces who are allied with the United States issued a 'general mobilization' call on Wednesday in northeastern Syria, along the border with Turkey, as Ankara threatened an imminent invasion of the area.  Turkey has long threatened an attack on the Kurdish fighters in Syria whom Ankara considers terrorists allied with a Kurdish insurgency within Turkey.  A Syrian war monitoring group, the Britain-based Syrian Observatory for Human Rights, reported Wednesday that people were fleeing the border town of Tal Abyad.

    Warning of a 'humanitarian catastrophe,' Syrian Kurdish forces who are allied with the United States issued a 'general mobilization' call on Wednesday in northeastern Syria, along the border with Turkey, as Ankara threatened an imminent invasion of the area. Turkey has long threatened an attack on the Kurdish fighters in Syria whom Ankara considers terrorists allied with a Kurdish insurgency within Turkey. A Syrian war monitoring group, the Britain-based Syrian Observatory for Human Rights, reported Wednesday that people were fleeing the border town of Tal Abyad.


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  • 62/79   Russia declares opposition leader Alexei Navalny's anti-corruption group 'foreign agent'
    WORLD TOPIC NEWS

    Russia on Wednesday upped the pressure on opposition leader Alexei Navalny, declaring his organisation a "foreign agent" that will be subject to increased state monitoring. Mr Navalny's Anti-Corruption Foundation (FBK), which often publishes investigations into state officials, will now have to present itself as a "foreign agent" on official documents. Russia started a controversial list of foreign agent organisations, which in Russian implies spying for a foreign government, in 2012. This has led to many of the groups closing down. Mr Navalny called the move "absolutely illegal" and said it was "obviously a direct order from (President Vladimir) Putin." "FBK never received a single kopeck of foreign money," he wrote on Twitter. He demanded that the justice ministry publicly prove that the foundation received funds from outside Russia. FBK, which has often been raided by authorities, said the move was an attempt to curb its activity. Its director Ivan Zhdanov said it was "another attempt to suffocate" the foundation. He said the group, which seeks donations from the public, is funded "exclusively by Russian citizens." Navalny's spokeswoman Kira Yarmysh wrote on Twitter that the decision was intended to "put pressure on us and attempt to stop our activity." While barred from mainstream politics, Navalny has kept trying to expose the lavish wealth of Russia's elites, broadcasting the findings of his investigations to millions of Russians on social media and YouTube. This has helped Mr Navalny, a Yale-educated lawyer, win a young fan base in the country. In August, Russian investigators launched a money-laundering probe into FBK, accusing it of taking money that was procured illegally. Last month, investigators raided dozens of Mr Navalny's regional offices, as well as the homes of his supporters following mass opposition protests in Moscow this summer. Mr Navalny blamed the raids on Kremlin "hysteria" sparked by the ruling party's losses in local elections last month. He said police searched more than 200 addresses in 41 cities across Russia. The charismatic anti-corruption campaigner instructed supporters to vote strategically to block pro-Kremlin candidates in Moscow's recent local election. Allies of Mr Putin suffered major losses in the Russian capital during the September vote. Mr Navalny organised the protests after popular opposition politicians were barred from standing in the Moscow parliament election. The 43-year-old missed several of the demonstrations while serving a 30-day jail term for organising previous unauthorised rallies. Since emerging as the Kremlin's chief critic and a highly effective campaigner and organiser, Mr Navalny has faced repeated legal action apparently aimed at hindering his activities. He has often been jailed and physically attacked, but has vowed to press ahead with his campaign to change Russia. He was barred from challenging Mr Putin on the ballot box in Russia's 2018 presidential election. He nonetheless toured Russia ahead of the vote in an American-style campaign to rally his supporters, and set up headquarters across the country. Mr Putin has refused to pronounce Mr Navalny's name in public.

    Russia on Wednesday upped the pressure on opposition leader Alexei Navalny, declaring his organisation a "foreign agent" that will be subject to increased state monitoring. Mr Navalny's Anti-Corruption Foundation (FBK), which often publishes investigations into state officials, will now have to present itself as a "foreign agent" on official documents. Russia started a controversial list of foreign agent organisations, which in Russian implies spying for a foreign government, in 2012. This has led to many of the groups closing down. Mr Navalny called the move "absolutely illegal" and said it was "obviously a direct order from (President Vladimir) Putin." "FBK never received a single kopeck of foreign money," he wrote on Twitter. He demanded that the justice ministry publicly prove that the foundation received funds from outside Russia. FBK, which has often been raided by authorities, said the move was an attempt to curb its activity. Its director Ivan Zhdanov said it was "another attempt to suffocate" the foundation. He said the group, which seeks donations from the public, is funded "exclusively by Russian citizens." Navalny's spokeswoman Kira Yarmysh wrote on Twitter that the decision was intended to "put pressure on us and attempt to stop our activity." While barred from mainstream politics, Navalny has kept trying to expose the lavish wealth of Russia's elites, broadcasting the findings of his investigations to millions of Russians on social media and YouTube. This has helped Mr Navalny, a Yale-educated lawyer, win a young fan base in the country. In August, Russian investigators launched a money-laundering probe into FBK, accusing it of taking money that was procured illegally. Last month, investigators raided dozens of Mr Navalny's regional offices, as well as the homes of his supporters following mass opposition protests in Moscow this summer. Mr Navalny blamed the raids on Kremlin "hysteria" sparked by the ruling party's losses in local elections last month. He said police searched more than 200 addresses in 41 cities across Russia. The charismatic anti-corruption campaigner instructed supporters to vote strategically to block pro-Kremlin candidates in Moscow's recent local election. Allies of Mr Putin suffered major losses in the Russian capital during the September vote. Mr Navalny organised the protests after popular opposition politicians were barred from standing in the Moscow parliament election. The 43-year-old missed several of the demonstrations while serving a 30-day jail term for organising previous unauthorised rallies. Since emerging as the Kremlin's chief critic and a highly effective campaigner and organiser, Mr Navalny has faced repeated legal action apparently aimed at hindering his activities. He has often been jailed and physically attacked, but has vowed to press ahead with his campaign to change Russia. He was barred from challenging Mr Putin on the ballot box in Russia's 2018 presidential election. He nonetheless toured Russia ahead of the vote in an American-style campaign to rally his supporters, and set up headquarters across the country. Mr Putin has refused to pronounce Mr Navalny's name in public.


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  • 63/79   UN says US strikes cause civilian casualties in Afghanistan
    WORLD TOPIC NEWS

    A U.N. report released on Wednesday criticized American airstrikes earlier this year against alleged drug facilities in Afghanistan, saying they were unlawful and caused significant civilian casualties.  The report, released simultaneously in Kabul and Geneva, said the U.N. verified 39 civilian casualties, including 14 children and a woman, from multiple airstrikes in May on more than 60 sites.  The locations were identified by U.S. and Afghan forces as drug-production facilities in Bakwa district in western Farah province and in neighboring Delaram district in Nimroz province.

    A U.N. report released on Wednesday criticized American airstrikes earlier this year against alleged drug facilities in Afghanistan, saying they were unlawful and caused significant civilian casualties. The report, released simultaneously in Kabul and Geneva, said the U.N. verified 39 civilian casualties, including 14 children and a woman, from multiple airstrikes in May on more than 60 sites. The locations were identified by U.S. and Afghan forces as drug-production facilities in Bakwa district in western Farah province and in neighboring Delaram district in Nimroz province.


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  • 64/79   Invasion of northeast Syria carries gain and risk for Turkey
    WORLD TOPIC NEWS

    Turkish President Recep Tayyip Erdogan has long threatened to send troops into northeastern Syria to clear the border region of Syrian Kurdish fighters whom Turkey considers a serious security threat.  A Turkish invasion looks more likely after President Donald Trump's sudden announcement that U.S. troops, who had fought alongside the Kurds against Islamic State group, would withdraw from the area.  Here is a look at what Turkey wants to achieve in the area, and the risks and challenges it faces by getting even more deeply involved in the Syrian crisis.

    Turkish President Recep Tayyip Erdogan has long threatened to send troops into northeastern Syria to clear the border region of Syrian Kurdish fighters whom Turkey considers a serious security threat. A Turkish invasion looks more likely after President Donald Trump's sudden announcement that U.S. troops, who had fought alongside the Kurds against Islamic State group, would withdraw from the area. Here is a look at what Turkey wants to achieve in the area, and the risks and challenges it faces by getting even more deeply involved in the Syrian crisis.


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  • 65/79   Unless Trump is called to account, expect more policy lurches like on Syria's Kurds
    WORLD TOPIC NEWS

    Acting on impulse, the president took a complicated issue and made it dramatically worse – making the US again look incompetent and unreliable‘When they learned about Trump’s policy reversal, some Kurds reportedly called Americans “traitors”.’ Photograph: Delil Souleiman/AFP via Getty ImagesDonald Trump’s decision to abandon America’s partners in the majority Kurdish Syrian Democratic Forces (SDF) is yet another illustration of how the president’s rash foreign policy results in disastrous consequences.To be sure?, this is a complicated foreign policy challenge. The small US military presence in Syria is not sustainable forever. Still, US officials argued it’s necessary to fight Isis, protect our Kurdish partners and carve out a safe place for civilians amid the ongoing Syrian disaster. If the SDF-liberated areas could be stabilized, it was hoped, the US presence might provide leverage to try to end the war diplomatically. Whether one supports the mission or wants to wash America’s hands of the Middle East, this is a tough call.  But none of this complexity matters because Trump can’t make a coherent policy decision. Rather than craft a withdrawal plan, Trump made the decision on a whim after a call with Turkey’s President Recep Tayyip Erdo?an, leaving American allies and interests out to dry.America’s Kurdish partners are in danger. The SDF have led the fight against Isis and suffered 11,000 killed. But without US help, the Kurds now face a deadly onslaught from both Turkey and a resurgent Isis. When they learned about Trump’s policy reversal, some reportedly called Americans “traitors”.The fight against Isis will be crippled. Despite Trump’s claims, Isis continues its insurgency. The SDF was the heart of the strategy to keep the pressure on Isis, leading raids, manning checkpoints and stabilizing liberated areas. The Kurds will now be forced to defend against a Turkish attack, and Isis will exploit the opening to regroup. More immediately, the Kurds are holding thousands of Isis fighters because no one else would take responsibility. These fighters may escape or be released if the Kurds are forced to flee a Turkish offensive.America’s closest allies were caught completely by surprise. Trump didn’t warn the UK or France, even though both countries also have troops on the ground.This move will also further confuse US policy towards Turkey. While Turkey is a Nato ally, it has become more authoritarian under Erdo?an, and the US-Turkey alliance is on the rocks. But the US can’t pick a policy: it is threatening to sanction Turkey for buying Russian military equipment; but Trump gave Turkey the green light to massacre US partners; after announcing his Syria decision, Trump tweeted that if Turkey does anything “off limits”, Trump would “totally destroy and obliterate the Economy of Turkey …”, which was followed by praise of Turkey and an invitation to Washington for Erdo?an.Russia and Syria are the real winners. The Russian president, Vladimir Putin, has long supported Syria’s President Bashar al-Assad’s brutal war, intentionally targeting civilians, schools and hospitals. The Syrian regime will now have even more of a free hand to seek its retribution, and Russia will reap the benefits. Trump has a knack for making decisions that help Russia and hurt the US.    The decision was not even coordinated within the US government. The secretary of defense quickly came out with a statement – which was later deleted – trying to walk back Trump’s statement that Turkey could start an operation against the Kurds. And the immediate reaction on the ground in Syria appeared to be confusion. The US – again, under Trump – looks incompetent.And yet, none of this is surprising. Trump doesn’t make policy decisions considering normal interests like those above – he has impulses that steer the most powerful country the world has ever known.Trump’s foreign policy has been so disastrous that the House of Representatives is in the midst of an impeachment inquiry over the fact that the president attempted to extort a foreign power – Ukraine – to fabricate smears against Trump’s domestic political rival. Trump then also publicly asked China – which is supposed to be America’s greatest geopolitical rival – to help create a scandal for Trump’s opponent.> Despite all of this, removing the US military presence at some point might actually be the right call. But not like this, and not with these consequencesSo what caused this particular disaster? Was it Trump’s self-admitted conflict of interest with Turkey? Perhaps Erdo?an offered to make up dirt on Trump’s opponents? Maybe Trump asked him to? Or maybe it was simply what a National Security Council source told Newsweek: “President Trump was definitely out-negotiated.”Despite all of this, removing the US military presence at some point might actually be the right call. But not like this, and not with these consequences.Perhaps the most outrageous aspect of this episode is watching Trump supporters in Congress express anger about the move at the same moment they defend Trump’s abuse of power in trying to extort a foreign government to help Trump’s campaign. His congressional supporters try to act as though they care about national security by beating their chests over their willingness to keep American troops fighting abroad, but their hypocrisy makes clear they only speak out when they think it won’t hurt them politically.This is American foreign policy under Trump. Every day is a new catastrophe, but the same story – a self-absorbed president who makes policy by whim and abuses his power to advance his personal interests while sacrificing those of America and its friends. And too few of America’s leaders in positions to stop Trump are willing to do what’s right. So Trump will continue to make more decisions like the Syria one, continue to ask more countries to help his political interests and continue to undermine national security – until Congress acts to hold him accountable.

    Acting on impulse, the president took a complicated issue and made it dramatically worse – making the US again look incompetent and unreliable‘When they learned about Trump’s policy reversal, some Kurds reportedly called Americans “traitors”.’ Photograph: Delil Souleiman/AFP via Getty ImagesDonald Trump’s decision to abandon America’s partners in the majority Kurdish Syrian Democratic Forces (SDF) is yet another illustration of how the president’s rash foreign policy results in disastrous consequences.To be sure?, this is a complicated foreign policy challenge. The small US military presence in Syria is not sustainable forever. Still, US officials argued it’s necessary to fight Isis, protect our Kurdish partners and carve out a safe place for civilians amid the ongoing Syrian disaster. If the SDF-liberated areas could be stabilized, it was hoped, the US presence might provide leverage to try to end the war diplomatically. Whether one supports the mission or wants to wash America’s hands of the Middle East, this is a tough call. But none of this complexity matters because Trump can’t make a coherent policy decision. Rather than craft a withdrawal plan, Trump made the decision on a whim after a call with Turkey’s President Recep Tayyip Erdo?an, leaving American allies and interests out to dry.America’s Kurdish partners are in danger. The SDF have led the fight against Isis and suffered 11,000 killed. But without US help, the Kurds now face a deadly onslaught from both Turkey and a resurgent Isis. When they learned about Trump’s policy reversal, some reportedly called Americans “traitors”.The fight against Isis will be crippled. Despite Trump’s claims, Isis continues its insurgency. The SDF was the heart of the strategy to keep the pressure on Isis, leading raids, manning checkpoints and stabilizing liberated areas. The Kurds will now be forced to defend against a Turkish attack, and Isis will exploit the opening to regroup. More immediately, the Kurds are holding thousands of Isis fighters because no one else would take responsibility. These fighters may escape or be released if the Kurds are forced to flee a Turkish offensive.America’s closest allies were caught completely by surprise. Trump didn’t warn the UK or France, even though both countries also have troops on the ground.This move will also further confuse US policy towards Turkey. While Turkey is a Nato ally, it has become more authoritarian under Erdo?an, and the US-Turkey alliance is on the rocks. But the US can’t pick a policy: it is threatening to sanction Turkey for buying Russian military equipment; but Trump gave Turkey the green light to massacre US partners; after announcing his Syria decision, Trump tweeted that if Turkey does anything “off limits”, Trump would “totally destroy and obliterate the Economy of Turkey …”, which was followed by praise of Turkey and an invitation to Washington for Erdo?an.Russia and Syria are the real winners. The Russian president, Vladimir Putin, has long supported Syria’s President Bashar al-Assad’s brutal war, intentionally targeting civilians, schools and hospitals. The Syrian regime will now have even more of a free hand to seek its retribution, and Russia will reap the benefits. Trump has a knack for making decisions that help Russia and hurt the US. The decision was not even coordinated within the US government. The secretary of defense quickly came out with a statement – which was later deleted – trying to walk back Trump’s statement that Turkey could start an operation against the Kurds. And the immediate reaction on the ground in Syria appeared to be confusion. The US – again, under Trump – looks incompetent.And yet, none of this is surprising. Trump doesn’t make policy decisions considering normal interests like those above – he has impulses that steer the most powerful country the world has ever known.Trump’s foreign policy has been so disastrous that the House of Representatives is in the midst of an impeachment inquiry over the fact that the president attempted to extort a foreign power – Ukraine – to fabricate smears against Trump’s domestic political rival. Trump then also publicly asked China – which is supposed to be America’s greatest geopolitical rival – to help create a scandal for Trump’s opponent.> Despite all of this, removing the US military presence at some point might actually be the right call. But not like this, and not with these consequencesSo what caused this particular disaster? Was it Trump’s self-admitted conflict of interest with Turkey? Perhaps Erdo?an offered to make up dirt on Trump’s opponents? Maybe Trump asked him to? Or maybe it was simply what a National Security Council source told Newsweek: “President Trump was definitely out-negotiated.”Despite all of this, removing the US military presence at some point might actually be the right call. But not like this, and not with these consequences.Perhaps the most outrageous aspect of this episode is watching Trump supporters in Congress express anger about the move at the same moment they defend Trump’s abuse of power in trying to extort a foreign government to help Trump’s campaign. His congressional supporters try to act as though they care about national security by beating their chests over their willingness to keep American troops fighting abroad, but their hypocrisy makes clear they only speak out when they think it won’t hurt them politically.This is American foreign policy under Trump. Every day is a new catastrophe, but the same story – a self-absorbed president who makes policy by whim and abuses his power to advance his personal interests while sacrificing those of America and its friends. And too few of America’s leaders in positions to stop Trump are willing to do what’s right. So Trump will continue to make more decisions like the Syria one, continue to ask more countries to help his political interests and continue to undermine national security – until Congress acts to hold him accountable.


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  • 66/79   U.S-China Brawls Cut Chance of Trade Deal
    WORLD TOPIC NEWS

    (Bloomberg) -- Want to receive this post in your inbox every day? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more.Culture wars. Visa bans. Black-listed companies. The National Basketball Association pulled into the mother of all disputes. And that’s just the opening salvos.Chinese and U.S. negotiators are due to sit down tomorrow in Washington and talk about ways to end a trade war that’s dragged on — causing economic damage on both sides — for more than a year.In an environment of escalating tit-for-tat between the world’s two biggest economies, the prospects for a breakthrough are slim. The U.S. is pressing on China’s hot buttons of governance and human rights, and President Donald Trump has hinted at linking the trade tensions with Beijing's crackdown on pro-democracy protesters in Hong Kong.Even without the other noise, the issues are complex. The U.S. wants China to agree to changes in the way it manages state enterprises and intellectual property. Beijing favors a much narrower focus on trade in goods and helping the U.S. winnow its deficit.Beijing is still open to a partial deal, an official says. If no more tariffs are imposed (one round is due to take effect this month), China would offer more purchases of agricultural products.That may not be enough for the Americans. As Trump battles an impeachment effort at home and the 2020 election turns increasingly fraught, he needs a big win. And the broader fight between the U.S. and China for dominance will last long after Trump has left.Global HeadlinesStonewalling | The White House delivered its most forceful response yet to the impeachment inquiry into Trump, sending a letter to House Speaker Nancy Pelosi declaring the Democrats’ effort unconstitutional and saying neither the president nor his administration would take part. Trump, whose strategy appears to be to slow the efforts to a crawl by refusing requests for witnesses and documents, is separately working to smooth things over with allies on Capitol Hill after he canceled the scheduled testimony of a key diplomat at the center of the probe.New polls show a majority of Americans support the impeachment push but are also wary about removing Trump from office.Going in | Turkish troops began crossing into Syria, an official said, as Ankara seeks to push back Kurdish militants days after the U.S. said it wouldn’t stand in the way of an incursion. Soldiers will be supported by the Free Syrian Army, presidential communications director Fahrettin Altun said earlier today. Meanwhile, the Kurdish forces said they would move to defend their “own people,” suggesting they’d focus less on the fight against Islamic State.Brexit rage | Divorce talks have devolved into rancorous recrimination, as U.K. and European leaders focus on blaming each other for refusing to budge on a deal for Britain to exit the EU. A summit in Brussels next week could be the last chance ahead of the Oct. 31 deadline to avoid the U.K. crashing out in a way that risks economic havoc.Nightmare scenario | The rollout of 5G technology will boost the “attack paths” for hackers or hostile states to gain control of everything from electricity grids to police communications, the EU says in a new report. It doesn’t name China or its tech giant Huawei but, as Nikos Chrysoloras and Helene Fouquet explain, the risk assessment warns against relying on telecom equipment from a single supplier, especially from a country with poor democratic standards.Fresh spat  | Brazil accused France of blocking it from a key international environmental body, just weeks after their leaders traded insults over wildfires that were ravaging the Amazon, destroying forests and creating severe air pollution. As Samy Adghirni and Simone Iglesias report, Brazil was told it cannot for now take part in the OECD committee, which it says is “due to a veto from just one country: France.”What to WatchHundreds of protesters flooded a Hong Kong court today to support the appeals case of a jailed activist, with the subway system set to close early for the sixth straight day. Tunisia is due to release parliamentary election results today that are expected to give the North African nation’s moderate Islamist party Ennahda the lead but not enough votes itself to form a ruling coalition.Tell us how we’re doing or what we’re missing at balancepower@bloomberg.net.And finally ... South Africa’s economy was roaring along in 2007 on the back of the global commodities boom when power shortages hit. State utility Eskom approved 13 projects that year worth more than $13.2 billion, with two flagship coal-fired power stations that were expected to be finished in 2015. But, as Paul Burkhardt and Michael Cohen explain, a bungled execution of the plants has caused delays leading to rolling blackouts that have left the economy in deep trouble and presented a huge headache for President Cyril Ramaphosa. \--With assistance from Kathleen Hunter.To contact the author of this story: Rosalind Mathieson in London at rmathieson3@bloomberg.netTo contact the editor responsible for this story: Karl Maier at kmaier2@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Want to receive this post in your inbox every day? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more.Culture wars. Visa bans. Black-listed companies. The National Basketball Association pulled into the mother of all disputes. And that’s just the opening salvos.Chinese and U.S. negotiators are due to sit down tomorrow in Washington and talk about ways to end a trade war that’s dragged on — causing economic damage on both sides — for more than a year.In an environment of escalating tit-for-tat between the world’s two biggest economies, the prospects for a breakthrough are slim. The U.S. is pressing on China’s hot buttons of governance and human rights, and President Donald Trump has hinted at linking the trade tensions with Beijing's crackdown on pro-democracy protesters in Hong Kong.Even without the other noise, the issues are complex. The U.S. wants China to agree to changes in the way it manages state enterprises and intellectual property. Beijing favors a much narrower focus on trade in goods and helping the U.S. winnow its deficit.Beijing is still open to a partial deal, an official says. If no more tariffs are imposed (one round is due to take effect this month), China would offer more purchases of agricultural products.That may not be enough for the Americans. As Trump battles an impeachment effort at home and the 2020 election turns increasingly fraught, he needs a big win. And the broader fight between the U.S. and China for dominance will last long after Trump has left.Global HeadlinesStonewalling | The White House delivered its most forceful response yet to the impeachment inquiry into Trump, sending a letter to House Speaker Nancy Pelosi declaring the Democrats’ effort unconstitutional and saying neither the president nor his administration would take part. Trump, whose strategy appears to be to slow the efforts to a crawl by refusing requests for witnesses and documents, is separately working to smooth things over with allies on Capitol Hill after he canceled the scheduled testimony of a key diplomat at the center of the probe.New polls show a majority of Americans support the impeachment push but are also wary about removing Trump from office.Going in | Turkish troops began crossing into Syria, an official said, as Ankara seeks to push back Kurdish militants days after the U.S. said it wouldn’t stand in the way of an incursion. Soldiers will be supported by the Free Syrian Army, presidential communications director Fahrettin Altun said earlier today. Meanwhile, the Kurdish forces said they would move to defend their “own people,” suggesting they’d focus less on the fight against Islamic State.Brexit rage | Divorce talks have devolved into rancorous recrimination, as U.K. and European leaders focus on blaming each other for refusing to budge on a deal for Britain to exit the EU. A summit in Brussels next week could be the last chance ahead of the Oct. 31 deadline to avoid the U.K. crashing out in a way that risks economic havoc.Nightmare scenario | The rollout of 5G technology will boost the “attack paths” for hackers or hostile states to gain control of everything from electricity grids to police communications, the EU says in a new report. It doesn’t name China or its tech giant Huawei but, as Nikos Chrysoloras and Helene Fouquet explain, the risk assessment warns against relying on telecom equipment from a single supplier, especially from a country with poor democratic standards.Fresh spat  | Brazil accused France of blocking it from a key international environmental body, just weeks after their leaders traded insults over wildfires that were ravaging the Amazon, destroying forests and creating severe air pollution. As Samy Adghirni and Simone Iglesias report, Brazil was told it cannot for now take part in the OECD committee, which it says is “due to a veto from just one country: France.”What to WatchHundreds of protesters flooded a Hong Kong court today to support the appeals case of a jailed activist, with the subway system set to close early for the sixth straight day. Tunisia is due to release parliamentary election results today that are expected to give the North African nation’s moderate Islamist party Ennahda the lead but not enough votes itself to form a ruling coalition.Tell us how we’re doing or what we’re missing at balancepower@bloomberg.net.And finally ... South Africa’s economy was roaring along in 2007 on the back of the global commodities boom when power shortages hit. State utility Eskom approved 13 projects that year worth more than $13.2 billion, with two flagship coal-fired power stations that were expected to be finished in 2015. But, as Paul Burkhardt and Michael Cohen explain, a bungled execution of the plants has caused delays leading to rolling blackouts that have left the economy in deep trouble and presented a huge headache for President Cyril Ramaphosa. \--With assistance from Kathleen Hunter.To contact the author of this story: Rosalind Mathieson in London at rmathieson3@bloomberg.netTo contact the editor responsible for this story: Karl Maier at kmaier2@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 67/79   US meth lab strikes in Afghanistan killed at least 30 civilians says UN
    WORLD TOPIC NEWS

    An American blitz on dozens of Taliban drug factories in Western Afghanistan killed at least 30 civilians and may have left dozens more dead, a United Nations report has found. United States aircraft struck more than 60 methamphetamine labs earlier this year during a one-day onslaught to deny Taliban insurgents income from the lucrative drug trade. The raids killed at least 30 civilians according to a UN investigation and may have killed a further 30. The UN also said the raids broke international law because drugs workers are not considered a legitimate military target. American forces in Afghanistan immediately disputed the reports findings, saying they disagreed with the UN's methods, analysis and “narrow definition” of legitimate targets. A spokesman said the labs had been under lengthy surveillance before they were struck and “extraordinary measures” had been taken to avoid killing civilians. Col Sonny Leggett said he was “deeply concerned” by the UN's methods and findings. Taliban insurgents have long been accused of obtaining huge sums from the country's extensive opium trade, as militants tax production and levy protection money. Methamphetamine production has recently been added to the country's drugs business, with UN officials earlier this year warning seizures were growing exponentially. The May 5 raids in Farah and Nimroz province were carried out after “comprehensive intelligence confirmed that all personnel inside of the laboratories were Taliban combatants”, the US told investigators. Investigators verified 30 civilians killed and nine injured, including 14 children, but said they were investigating “reliable and credible information” another 30 civilians were also killed, the UN said. The UN in its report contended the drug facilities were owned and operated by criminal groups, so "did not meet the definition of legitimate military objectives under international law." The factories and workers inside “may not be lawfully made the target of attack based on their possible economic or financial contribution to the war effort of a party to a conflict,” it concluded. The US, however, insisted the labs were run and owned by the Taliban, who used revenue to "fund ongoing indiscriminate violence against innocent Afghans".

    An American blitz on dozens of Taliban drug factories in Western Afghanistan killed at least 30 civilians and may have left dozens more dead, a United Nations report has found. United States aircraft struck more than 60 methamphetamine labs earlier this year during a one-day onslaught to deny Taliban insurgents income from the lucrative drug trade. The raids killed at least 30 civilians according to a UN investigation and may have killed a further 30. The UN also said the raids broke international law because drugs workers are not considered a legitimate military target. American forces in Afghanistan immediately disputed the reports findings, saying they disagreed with the UN's methods, analysis and “narrow definition” of legitimate targets. A spokesman said the labs had been under lengthy surveillance before they were struck and “extraordinary measures” had been taken to avoid killing civilians. Col Sonny Leggett said he was “deeply concerned” by the UN's methods and findings. Taliban insurgents have long been accused of obtaining huge sums from the country's extensive opium trade, as militants tax production and levy protection money. Methamphetamine production has recently been added to the country's drugs business, with UN officials earlier this year warning seizures were growing exponentially. The May 5 raids in Farah and Nimroz province were carried out after “comprehensive intelligence confirmed that all personnel inside of the laboratories were Taliban combatants”, the US told investigators. Investigators verified 30 civilians killed and nine injured, including 14 children, but said they were investigating “reliable and credible information” another 30 civilians were also killed, the UN said. The UN in its report contended the drug facilities were owned and operated by criminal groups, so "did not meet the definition of legitimate military objectives under international law." The factories and workers inside “may not be lawfully made the target of attack based on their possible economic or financial contribution to the war effort of a party to a conflict,” it concluded. The US, however, insisted the labs were run and owned by the Taliban, who used revenue to "fund ongoing indiscriminate violence against innocent Afghans".


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  • 68/79   Trudeau Liberals Face Battle Over Pocket Books In Canada’s Ohio
    WORLD TOPIC NEWS

    (Bloomberg) -- Justin Trudeau’s Liberals swept to power in 2015 on a surge of support from suburban Toronto voters such as Sohaila Khoda, an Iranian-Canadian who was once a fan of the Canadian prime minister. Four years later, she’s considering his rival.“We’re getting to the time that we have to go Conservative,” Khoda said after attending a boisterous all-candidates debate at a community center in Richmond Hill, Ontario, a city just north of Toronto. “The Liberals are going to lose seats.”Like Ohio in the U.S., the sprawling suburbs around Toronto will likely dictate who will win the Oct. 21 election. After sweeping the diverse, immigrant-rich region four years ago, the Liberals are facing a difficult battle against Conservative Party led by Andrew Scheer in the bellwether region known for its 905 area code.While polls tip Trudeau to win the most seats, his party is riding neck and neck with the Conservatives in the popular vote. If the Liberals sink to a minority government, or lose the election, chances are it will be because Trudeau lost support in this key area over his handling of foreign policy issues such as Iran and China, and the soaring cost of living.Khoda came to the evening debate seeking answers from Liberal incumbent Majid Jowhari on his position of resuming ties with Iran -- a country she fled 33 years ago -- even though she has made her choice. The Liberals’ views on Iran, and “upsetting” efforts dealing with the U.S. on trade, led her to switch support to Conservative candidate Costas MenegakisOthers packing the gym suggest a close two-way battle between the Liberals and Conservatives in a riding pollsters say favors the incumbents.“I think Majid Jowhari has a good chance,” said Mohammad Mahmoudzadeh, 66, chairman of a local construction firm, though he no longer expects the Liberals to win a majority government.The Richmond Hill riding has about 110,000 people with a median total household income of C$73,563 ($55,245), similar to Ontario’s provincial average. Three out of every five people here are immigrants, of which 72% are from Asia -- led by China, Iran and Hong Kong, according to the country’s statistics agency. Almost two thirds of the population view themselves as “first generation” Canadians.Surburban IssuesRichmond Hill is one of 25 ridings in the 905 that includes the cities of Mississauga, Brampton, Vaughan and Markham. They’re family-oriented communities whose homeowners carry large mortgages, leaving little left over for spending elsewhere and often commute to Toronto for work, where lack of public transit is a perennial complaint.In 2015, the Liberals captured all of Toronto’s 25 ridings and all but three of the suburban districts, helping Trudeau win a majority government with 184 of the 338 seats in Parliament. But the seats often flip. In 2011, Stephen Harper’s Conservatives captured most of the suburbs and parts of Toronto to gain a majority. The two regions together make up 50 seats, accounting for 15% of the entire country.“Since the early 1960s the suburban belt around Toronto has determined which party comes to power and whether it’s going to be a majority or minority,” Nelson Wiseman, a University of Toronto political science professor who specializes in Canadian politics, said in a phone interview. “And in this election, the Liberals are going to sustain significant losses -- they might lose half of those seats.”Winning this region involves swinging votes by a couple percentage points and the Liberals are playing defense versus 2015, when Trudeau’s “Sunny Ways” mantra of hope appealed to Canadians wanting change after nearly a decade of Conservative rule, Wiseman said. He anticipates lower voter turnout this time, especially among younger Canadians, which favors the Conservatives since they tend to gain the older vote.The Liberals and Conservatives are in a dead heat in the second-last week of the campaign. They each have 34% support, according to aggregate polling averages compiled by the Canadian Broadcasting Corp., with the New Democratic Party in third at 14%. Trudeau was projected to win 153 seats as of Tuesday.At Hillcrest Mall, one of Richmond Hill’s biggest shopping centers, voters were divided. For Soroush Yousefi, 23, voting Conservative is a no-brainer even though he backed Trudeau four years earlier. Scheer’s tax cuts and promises to boost the economy.Pocket Book“Back then, a lot of the things Trudeau promised seemed better, but since he’s been in power, everything has been going downhill,” said Yousefi, a sales associate, who points to the lofty cost of housing. “Everything just keeps getting more and more expensive and the jobs aren’t paying enough to keep up with your expenses.”A few stores away, employee Emma Hamilton said she’s probably voting Liberal.“I’ve been working 40 hours the entire summer each week just to save up for school so my biggest concern is everybody’s stance toward education and I don’t like the direction the Conservatives are going,” Hamilton, 20, said while closing shop after a late weeknight shift. “I feel like Trudeau’s all talk as well, so I’d like to vote NDP, but they never win.”Noone at the mall or community center took issue with Trudeau’s blackface controversy, photos of him in dark make up as a younger man, released earlier in the campaign.Even Richmond Hill’s mayor wouldn’t predict the outcome of the federal contest in his backyard during an Oct. 2 phone interview.“It’ll be very close and it might end up being a party where the two governments have to work together,” Mayor Dave Barrow said.To contact the reporters on this story: Doug Alexander in Toronto at dalexander3@bloomberg.net;Natalie Wong in Toronto at nwong133@bloomberg.netTo contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net, Jacqueline Thorpe, Stephen WicaryFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Justin Trudeau’s Liberals swept to power in 2015 on a surge of support from suburban Toronto voters such as Sohaila Khoda, an Iranian-Canadian who was once a fan of the Canadian prime minister. Four years later, she’s considering his rival.“We’re getting to the time that we have to go Conservative,” Khoda said after attending a boisterous all-candidates debate at a community center in Richmond Hill, Ontario, a city just north of Toronto. “The Liberals are going to lose seats.”Like Ohio in the U.S., the sprawling suburbs around Toronto will likely dictate who will win the Oct. 21 election. After sweeping the diverse, immigrant-rich region four years ago, the Liberals are facing a difficult battle against Conservative Party led by Andrew Scheer in the bellwether region known for its 905 area code.While polls tip Trudeau to win the most seats, his party is riding neck and neck with the Conservatives in the popular vote. If the Liberals sink to a minority government, or lose the election, chances are it will be because Trudeau lost support in this key area over his handling of foreign policy issues such as Iran and China, and the soaring cost of living.Khoda came to the evening debate seeking answers from Liberal incumbent Majid Jowhari on his position of resuming ties with Iran -- a country she fled 33 years ago -- even though she has made her choice. The Liberals’ views on Iran, and “upsetting” efforts dealing with the U.S. on trade, led her to switch support to Conservative candidate Costas MenegakisOthers packing the gym suggest a close two-way battle between the Liberals and Conservatives in a riding pollsters say favors the incumbents.“I think Majid Jowhari has a good chance,” said Mohammad Mahmoudzadeh, 66, chairman of a local construction firm, though he no longer expects the Liberals to win a majority government.The Richmond Hill riding has about 110,000 people with a median total household income of C$73,563 ($55,245), similar to Ontario’s provincial average. Three out of every five people here are immigrants, of which 72% are from Asia -- led by China, Iran and Hong Kong, according to the country’s statistics agency. Almost two thirds of the population view themselves as “first generation” Canadians.Surburban IssuesRichmond Hill is one of 25 ridings in the 905 that includes the cities of Mississauga, Brampton, Vaughan and Markham. They’re family-oriented communities whose homeowners carry large mortgages, leaving little left over for spending elsewhere and often commute to Toronto for work, where lack of public transit is a perennial complaint.In 2015, the Liberals captured all of Toronto’s 25 ridings and all but three of the suburban districts, helping Trudeau win a majority government with 184 of the 338 seats in Parliament. But the seats often flip. In 2011, Stephen Harper’s Conservatives captured most of the suburbs and parts of Toronto to gain a majority. The two regions together make up 50 seats, accounting for 15% of the entire country.“Since the early 1960s the suburban belt around Toronto has determined which party comes to power and whether it’s going to be a majority or minority,” Nelson Wiseman, a University of Toronto political science professor who specializes in Canadian politics, said in a phone interview. “And in this election, the Liberals are going to sustain significant losses -- they might lose half of those seats.”Winning this region involves swinging votes by a couple percentage points and the Liberals are playing defense versus 2015, when Trudeau’s “Sunny Ways” mantra of hope appealed to Canadians wanting change after nearly a decade of Conservative rule, Wiseman said. He anticipates lower voter turnout this time, especially among younger Canadians, which favors the Conservatives since they tend to gain the older vote.The Liberals and Conservatives are in a dead heat in the second-last week of the campaign. They each have 34% support, according to aggregate polling averages compiled by the Canadian Broadcasting Corp., with the New Democratic Party in third at 14%. Trudeau was projected to win 153 seats as of Tuesday.At Hillcrest Mall, one of Richmond Hill’s biggest shopping centers, voters were divided. For Soroush Yousefi, 23, voting Conservative is a no-brainer even though he backed Trudeau four years earlier. Scheer’s tax cuts and promises to boost the economy.Pocket Book“Back then, a lot of the things Trudeau promised seemed better, but since he’s been in power, everything has been going downhill,” said Yousefi, a sales associate, who points to the lofty cost of housing. “Everything just keeps getting more and more expensive and the jobs aren’t paying enough to keep up with your expenses.”A few stores away, employee Emma Hamilton said she’s probably voting Liberal.“I’ve been working 40 hours the entire summer each week just to save up for school so my biggest concern is everybody’s stance toward education and I don’t like the direction the Conservatives are going,” Hamilton, 20, said while closing shop after a late weeknight shift. “I feel like Trudeau’s all talk as well, so I’d like to vote NDP, but they never win.”Noone at the mall or community center took issue with Trudeau’s blackface controversy, photos of him in dark make up as a younger man, released earlier in the campaign.Even Richmond Hill’s mayor wouldn’t predict the outcome of the federal contest in his backyard during an Oct. 2 phone interview.“It’ll be very close and it might end up being a party where the two governments have to work together,” Mayor Dave Barrow said.To contact the reporters on this story: Doug Alexander in Toronto at dalexander3@bloomberg.net;Natalie Wong in Toronto at nwong133@bloomberg.netTo contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net, Jacqueline Thorpe, Stephen WicaryFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 69/79   China's Xi to visit India this week, meet with Modi
    WORLD TOPIC NEWS

    Chinese President Xi Jinping is coming to India to meet with Prime Minister Narendra Modi on Friday, just weeks after China supported Pakistan in raising the issue of India's recent actions in disputed Kashmir at the U.N. General Assembly meeting in New York.  India stripped Kashmir's semi-autonomous status in August, deploying thousands of troops and cutting off internet connectivity to prevent protests.  The Himalayan region of Kashmir is claimed by both Pakistan and India and split between them.

    Chinese President Xi Jinping is coming to India to meet with Prime Minister Narendra Modi on Friday, just weeks after China supported Pakistan in raising the issue of India's recent actions in disputed Kashmir at the U.N. General Assembly meeting in New York. India stripped Kashmir's semi-autonomous status in August, deploying thousands of troops and cutting off internet connectivity to prevent protests. The Himalayan region of Kashmir is claimed by both Pakistan and India and split between them.


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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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