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(Bloomberg) — Labour Party Leader Jeremy Corbyn accused Boris Johnson’s Conservatives of seeking to sell out the U.K.’s National Health Service in secret trade talks with the U.S.The opposition leader released a 451-page document, which he said detail…
November 27, 2019Read More
1.President Trump said Tuesday that the U.S. and China were getting close to working out a “phase one” deal to end their trade war. Trump’s comment came after the top negotiators for the world’s two biggest economies agreed over the phone to continue discussing ways to resolve lingering differences. “We’re in the final throes of a very important deal, I guess you could say one of the most important deals in trade ever. It’s going very well but at the same time we want to see it go well in Hong Kong,” Trump said, referring to ongoing pro-democracy protests in the semi-autonomous Chinese-ruled city. Trump said he expected Chinese President Xi Jinping to embrace a positive resolution to the crisis in Hong Kong, where pro-democracy candidates trounced pro-Beijing parties in Sunday’s elections. [Reuters] 2.Disney shares jumped to a record high on Tuesday after new data indicated that Disney+ was adding an average of nearly a million new subscribers per day. Two weeks after a bumpy launch, the $6.99-per-month streaming service’s mobile app had been downloaded 15.5 million times, according to research firm Apptopia. Disney+, featuring content from Disney and Disney-owned Marvel and the Star Wars franchise, also collected in-app purchases of $5 million over its first 13 days, according to Apptopia. “This shows the company is gonna be a legit competitor to the likes of Netflix, despite the skeptics that continue to doubt the House of Mouse,” Wedbush analyst Dan Ives told the New York Post. [Deadline, New York Post] 3.U.S. stock index futures pushed slightly higher early Wednesday, as global markets got a boost from President Trump’s upbeat comments on the prospects of a U.S.-China trade deal. Futures for the Dow Jones Industrial Average were up by about 0.1 percent, while those of the S&P 500 and the Nasdaq were up by a little more. The gains pushed the three main U.S. indexes farther into record territory after Tuesday’s new highs. Strategists polled by Reuters predicted that U.S. stocks would continue rising through next year but at a slower pace than in 2019, with the S&P 500 closing 2020 up another 4 percent and the Dow about 5 percent higher than Monday’s close. [CNBC, Reuters] 4.In order to avoid a climate catastrophe, global greenhouse gas emissions must drop by 7.6 percent every year for the next decade, a new United Nations report warns. “Our collective failure to act early and hard on climate change means we must now deliver deep cuts to emissions,” U.N. Environment Program Executive Director Inger Anderson said. “This shows that countries simply cannot wait.” More and more areas of the world are already experiencing stronger hurricanes and heatwaves, and if global temperatures stay on track to rise by as much as 7 degrees Fahrenheit by the end of the century, the oceans will become more acidic and rising seas will threaten coastal cities. President Trump has rolled back many climate regulations, and after a few years of decline, U.S. CO2 emissions rose 2.7 percent in 2018. [The Guardian] 5.Chinese e-commerce giant Alibaba’s new Hong Kong-listed shares jumped by another 3 percent on Wednesday, adding to a 7 percent rise after their Tuesday debut. “Investors are jumping all over it in Hong Kong,” James Gerrish, portfolio manager at Shaw and Partners, told CNBC. Alibaba’s secondary listing in Hong Kong beat out Uber’s $8 billion listing to become the world’s largest offering in 2019, although Saudi Aramco is expected to eclipse it with its December listing in Riyadh. Alibaba’s offering helped boost business sentiment somewhat in Hong Kong, which has been shaken by ongoing pro-democracy protests. [CNBC]More stories from theweek.com Trump’s Florida rally includes cursing and claims people want to change the name of Thanksgiving Trump makes it known he’s very impressed by Florida Gov. Ron DeSantis’ physique Trump wonders why the 100th anniversary of women’s suffrage wasn’t celebrated ‘a long time ago’
November 27, 2019Read More
In this week’s edition of ScoreCards, CJ reporters Cameron Teague Robinson and Jon Hale talk about the upcoming rivalry football game between Louisville and Kentucky.
November 27, 2019Read More
The Prep Rally crew takes a look at the state semifinal games and breaks down the area teams left in the playoffs.
November 27, 2019Read More
A subculture dating to the 1970s, straight edge, like punk music, is a middle finger to the mainstream.
November 27, 2019Read More
Louisville’s downtown Spinelli’s is “all ages, no stages” and it’s become a community for those who want to enjoy hardcore music and sobriety.
November 27, 2019Read More
1.The House Judiciary Committee on Tuesday sent President Trump a letter inviting him to participate in the panel’s first impeachment hearing, set for Dec. 4. The committee’s chair, Rep. Jerrold Nadler (D-N.Y.), said he told Trump in the letter that the committee’s rules allow his counsel to question witnesses. “The president has a choice to make: He can take this opportunity to be represented in the impeachment hearings, or he can stop complaining about the process,” Nadler said in a statement. “I hope that he chooses to participate in the inquiry, directly or through counsel, as other presidents have done before him.” The House is examining whether Trump improperly pushed Ukraine to launch investigations that might benefit him politically. [Reuters] 2.President Trump on Tuesday blasted Democrats over the House impeachment hearings during a campaign-style “homecoming” rally in Florida, his newly adopted home state. He told thousands of cheering supporters the inquiry was a “scam.” Trump called the impeachment proceedings “bulls–t,” prompting the crowd to chant the expletive over and over. “They’re attacking me because I’m exposing a rigged system that enriched itself at your expense and I’m restoring government of, by, and for the people,” Trump said. “The radical Democrats are trying to overturn the last election because they know that they cannot win the next election.” Outside the arena, protesters inflated a “Baby Trump” balloon, and chanted “lock him up,” while Trump supporters shouted “four more years.” [Politico, Sun Sentinel] 3.White House budget official Mark Sandy told lawmakers earlier this month that two staffers resigned over the agency’s handling of security aid to Ukraine, according to a transcript of his testimony released Tuesday. Sandy, who appeared before House impeachment investigators on Nov. 16, was the first and so far only Office of Management and Budget employee to testify. Witnesses in the impeachment inquiry have said President Trump held $400 million in aid to Ukraine to pressure Ukraine to investigate Democrats. Sandy did not name the employees, but said one expressed frustration “about not understanding the reason for the hold.” The other, he said, had a “dissenting opinion” about whether it was legal under the Impoundment Control Act to withhold aid approved by Congress. [The Washington Post] 4.A federal judge in Oregon on Tuesday blocked the Trump administration from denying visas to immigrants who can’t show proof of health insurance. President Trump’s policy requires visa applicants to verify they’ll have health coverage within 30 days of entry, or show they can “pay for reasonably foreseeable medical costs.” Judge Michael Simon said the policy was “inconsistent” with the Immigration and Nationality Act. Simon had already temporary prevented the Trump administration from enforcing the policy. His new ruling puts it on hold until a lawsuit challenging the policy as a new form of “family separation” works its way through the courts. [CNN] 5.A crowd of students in Baltimore booed first lady Melania Trump as she gave a speech on youth opioid abuse. “I’m in this fight for you, and I’m fighting for you,” Mrs. Trump said. The mixed reception, which also included cheers, came four months after President Trump criticized Baltimore as a “disgusting, rat and rodent infested mess” where “no human being would want to live.” The comment was perceived as a swipe at the late Rep. Elijah Cummings, a Maryland Democrat who was a frequent Trump critic. After returning to the White House, Mrs. Trump defended the students’ right to express themselves. “We live in a democracy and everyone is entitled to their opinion,” she said, but “I remain committed to educating children on the dangers and deadly consequences of drug abuse.” [The New York Times, CNBC] 6.President Trump said Tuesday that the U.S. and China were getting close to working out a “phase one” deal to end their trade war. Trump’s comment came after the top negotiators for the world’s two biggest economies agreed over the phone to continue discussing ways to resolve lingering differences. “We’re in the final throes of a very important deal, I guess you could say one of the most important deals in trade ever. It’s going very well but at the same time we want to see it go well in Hong Kong,” Trump said, referring to ongoing pro-democracy protests in the semi-autonomous Chinese-ruled city. Trump said he expected Chinese President Xi Jinping to embrace a positive resolution to the crisis in Hong Kong, where pro-democracy candidates trounced pro-Beijing parties in Sunday’s elections. [Reuters] 7.President Trump on Tuesday denied sending his personal lawyer, Rudy Giuliani, to Ukraine in order to dig up damaging information on his political rivals. “No, I didn’t direct him, but he is a warrior, he is a warrior,” Trump told former Fox News host Bill O’Reilly in an interview streamed online. Giuliani has said he went to Ukraine for Trump to carry out an investigation “concerning 2016 Ukrainian collusion and corruption.” O’Reilly asked Trump why Giuliani went to Ukraine, and the president responded, “You have to ask Rudy. Rudy has other clients, other than me. He’s done a lot of work in Ukraine over the years.” Several of the witnesses who testified in the impeachment inquiry said Giuliani was pursuing a shadow agenda to pressure Ukraine to investigate Democrats, including former Vice President Joe Biden. [Bloomberg] 8.To avoid a climate catastrophe, global greenhouse gas emissions must drop by 7.6 percent every year for the next decade, a new United Nations report warns. “Our collective failure to act early and hard on climate change means we must now deliver deep cuts to emissions,” U.N. Environment Program Executive Director Inger Anderson said. “This shows that countries simply cannot wait.” More and more areas of the world are already experiencing stronger hurricanes and heatwaves, and if global temperatures stay on track to rise by as much as 7 degrees Fahrenheit by the end of the century, the oceans will become more acidic and rising seas will threaten coastal cities. President Trump has rolled back many climate regulations, and after a few years of decline, U.S. CO2 emissions rose 2.7 percent in 2018. [The Guardian] 9.The National Weather Service has warned that much of the U.S., from California to Michigan, is facing extreme winter weather that could trouble Thanksgiving travelers. Flights were canceled in Denver, one of several cities already facing heavy snowfall on Tuesday. Cheyenne, Wyoming, got a foot of snow, while elevated areas outside Fort Collins, Colorado, got 30 inches. The storm is expected to dump up to a foot of snow on some areas by Thursday as it moves across the Plains to the Upper Mississippi Valley, the Upper Great Lakes, and into northern Maine. The harshest storm is hitting Oregon and Northern California overnight into early Wednesday, and it could intensify quickly as a “bomb cyclone” with hurricane-force winds. [NPR, Bloomberg] 10.President Trump mocked House impeachment investigators on Tuesday as he held the traditional Thanksgiving turkey pardoning. Trump singled out House Intelligence Committee Chair Adam Schiff as the target of a joke as he prepared to pardon the North Carolina-bred turkeys Bread and Butter, saying the birds were raised to “remain calm under any condition,” which he said would be “very important because they’ve already received subpoenas to appear in Adam Schiff’s basement on Thursday.” Trump, who has claimed to barely know impeachment witnesses including Ambassador to the European Union Gordon Sondland, said to the turkeys that “unlike previous witnesses, you and I have actually met. It’s very unusual.” [The Associated Press]More stories from theweek.com Trump makes it known he’s very impressed by Florida Gov. Ron DeSantis’ physique Trump’s Florida rally includes cursing and claims people want to change the name of Thanksgiving Trump wonders why the 100th anniversary of women’s suffrage wasn’t celebrated ‘a long time ago’
November 27, 2019Read More
(Bloomberg) — President Ilham Aliyev said Azerbaijan won’t seek closer integration with Europe, which he accused of discriminating against Muslims and undermining his country’s traditional values.“Where shall we integrate?” Aliyev said in a rare publi…
November 27, 2019Read More
(Bloomberg) — Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Uncertainty, uncertainty and more uncertainty. For investors in U.K. homebuilders, the word has been a bane for more than three years as the industry contends…
November 27, 2019Read More
A joint investigation by watchdogs in Canada and British Columbia has found that Cambridge Analytica-linked data firm, Aggregate IQ, broke privacy laws in Facebook ad-targeting work it undertook for the official Vote Leave Brexit campaign in the UK’s 2…
November 27, 2019Read More
(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.Emmanuel Macron, it’s fair to say, is not a military guy.The French president …
November 27, 2019Read More
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