Category Archives: News

worldwide news

VW May Use Ford’s US Plants to Build Cars

Volkswagen AG’s chief executive said Tuesday after a meeting at the White House that the German automaker was building an alliance with Ford and might use the U.S. automaker’s plants to build cars. 

VW CEO Herbert Diess said the company was also “considering building a second car plant” in the United States, adding, “We are in quite advanced negotiations and dialog with Ford Corporation to really build up a global automotive alliance, which also would strengthen the American automotive industry.” 

Ford Executive Chairman Bill Ford Jr. told reporters at an event near Detroit on Tuesday that talks with Volkswagen about an alliance were going “very well.” 

Asked about Diess’ comments that VW could use some of Ford’s unused capacity for car production, Bill Ford said the companies “haven’t gotten that granular in our talks yet.” 

He said he did not want to say much about a VW alliance until the automaker had “a lot of definitive things to talk about.” 

The proposed alliance between Volkswagen and Ford suggests the days of carmakers going it alone are over, as tariffs, new technology and tougher emissions rules fragment markets that were once global, Reuters reported last week. 

Firms that once sought vehicles with universal global appeal to create economies of scale are now seeking advantages in specific market segments like hybrid SUVs, North American pickup trucks or European city cars. 

RBC Capital Markets analyst Joseph Spak said in a research note on Tuesday that Diess’ comments raised the chances that VW would use some of Ford’s unused capacity as part of a broader partnership. Spak also said that a European or Asian automaker could seek to acquire some of General Motors’ unused capacity. GM announced last week it plans to idle five North American plants. 

“VW may have a little negotiating power as some of the GM facilities could be bought (although this could impact their broader intentions with Ford),” Spak wrote. 

VW has an assembly plant in Chattanooga, Tenn. Of the need for a new plant, Diess said the company was in “quite advanced negotiations in Tennessee but there might be other options as well.” 

Diess said VW would not take an equity stake in Ford as part of its alliance. “We are building an alliance with Ford which will strengthen Ford’s position in Europe because we will share platforms,” he said. “We might use Ford capacity here in the U.S. to build cars for us.” 

VW May Use Ford’s US Plants to Build Cars

Volkswagen AG’s chief executive said Tuesday after a meeting at the White House that the German automaker was building an alliance with Ford and might use the U.S. automaker’s plants to build cars. 

VW CEO Herbert Diess said the company was also “considering building a second car plant” in the United States, adding, “We are in quite advanced negotiations and dialog with Ford Corporation to really build up a global automotive alliance, which also would strengthen the American automotive industry.” 

Ford Executive Chairman Bill Ford Jr. told reporters at an event near Detroit on Tuesday that talks with Volkswagen about an alliance were going “very well.” 

Asked about Diess’ comments that VW could use some of Ford’s unused capacity for car production, Bill Ford said the companies “haven’t gotten that granular in our talks yet.” 

He said he did not want to say much about a VW alliance until the automaker had “a lot of definitive things to talk about.” 

The proposed alliance between Volkswagen and Ford suggests the days of carmakers going it alone are over, as tariffs, new technology and tougher emissions rules fragment markets that were once global, Reuters reported last week. 

Firms that once sought vehicles with universal global appeal to create economies of scale are now seeking advantages in specific market segments like hybrid SUVs, North American pickup trucks or European city cars. 

RBC Capital Markets analyst Joseph Spak said in a research note on Tuesday that Diess’ comments raised the chances that VW would use some of Ford’s unused capacity as part of a broader partnership. Spak also said that a European or Asian automaker could seek to acquire some of General Motors’ unused capacity. GM announced last week it plans to idle five North American plants. 

“VW may have a little negotiating power as some of the GM facilities could be bought (although this could impact their broader intentions with Ford),” Spak wrote. 

VW has an assembly plant in Chattanooga, Tenn. Of the need for a new plant, Diess said the company was in “quite advanced negotiations in Tennessee but there might be other options as well.” 

Diess said VW would not take an equity stake in Ford as part of its alliance. “We are building an alliance with Ford which will strengthen Ford’s position in Europe because we will share platforms,” he said. “We might use Ford capacity here in the U.S. to build cars for us.” 

Ballot Fraud Investigation Muddies North Carolina Election

Allegations of flagrant absentee ballot fraud in a North Carolina district have thrown the Election Day results of one of the nation’s last unresolved midterm congressional races into question.

Unofficial ballot totals showed Republican Mark Harris ahead of Democrat Dan McCready by 905 votes in the 9th Congressional District. But the state elections board refused to certify the results last week in view of “claims of numerous irregularities and concerted fraudulent activities” involving mail-in ballots in the district.

The elections board has subpoenaed documents from the Harris campaign, a campaign attorney confirmed Tuesday. Investigators seem to be concentrating on activities linked to a longtime political operative from Bladen County, where allegations about mail-in absentee ballots also surfaced two years ago during a tight election for governor. 

In affidavits offered by the state Democratic Party, voters described a woman coming to their homes to collect their absentee ballots, whether or not they had been completed properly. State law bars this kind of “harvesting” of absentee ballots, which must be submitted by mail or in person by the voter or a close family member. 

If the allegations are accurate, “this is the biggest absentee fraud in a generation or two in North Carolina,” said Gerry Cohen, an election law expert and former longtime legislative staff attorney. “North Carolina has a long history of this kind of thing, particularly in rural areas.” 

Concerns about voter harvesting worried state election officials so much that they sent a letter to every Bladen County address where a voter requested a mail-in ballot asking the voter to call them if someone else tried take the ballot or fill it out.

“Elections officials will never come to your house to pick up your absentee ballot or tell you how to vote,” the letter warned.

The portion of Bladen County in the 9th District was the only place in the district’s eight counties where Harris won a majority of the mail-in ballots, according to unofficial election data. Bladen and Robeson County — where officials also have requested information — had the highest percentages of unreturned mail-in absentee ballots in the state, according to Catawba College political scientist Michael Bitzer. The total number of unreturned ballots for Bladen and Robeson in the 9th exceeded the current margin.

The district attorney in Raleigh announced this week that she’s been investigating potential Bladen County “voting irregularities” since last January. The investigation that began with claims from 2016 has now spread to this year’s primary and general elections, Wake County DA Lorrin Freeman said in an interview. 

Freeman said she was investigating in part because of comments made by McCrae Dowless of Bladen County during a State Board of Elections hearing in December 2016. Dowless worked as a contractor for Harris’ chief strategist in the campaign, Harris campaign lawyer John Branch confirmed Tuesday. 

Dowless, who served prison time in 1995 for felony fraud and was convicted of felony perjury in 1992, has worked on get-out-the-vote efforts for various local and legislative candidates through the years. Dowless put his name on an elections protest, backed at the time by the campaign of then-GOP Gov. Pat McCrory, that alleged a massive scheme'' by a local political group to run anabsentee ballot mill” to improperly submit votes for a write-in candidate for a position Dowless was seeking.

But the board peppered Dowless with questions about his own absentee ballot activities. Dowless acknowledged he hired people in 2016 to urge voters to turn in absentee ballot request forms, which is legal. In sworn testimony, Dowless said he never handled or filled out the actual ballots. The board dismissed Dowless’ protest but sent all of its evidence to local and federal prosecutors.

Visited by a reporter Tuesday at his Bladenboro home, Dowless declined to comment. He said the voice on the speaker phone in his hand was that of an attorney advising he decline to describe his election activities.

Documents released late Tuesday by the elections board as part of its investigation show Dowless appears to have been the top collector of Bladen County absentee ballot requests this fall. A copy of the Bladen election board’s log book shows Dowless turned in well over 500 applications.  

The elections board has said it will hold a hearing on the allegations on or before Dec. 21. Board members can call for a new election if they find enough problems that could have altered the outcome or cast doubts on the election’s fairness. An election would take place well after the new session of Congress convenes Jan. 3, likely creating a temporary vacancy.

Republican leaders say Harris, a Southern Baptist minister, should be certified the winner, saying no evidence has been made public that show he didn’t get the most lawful votes. 

“The campaign was not aware of any illegal conduct in connection with the 9th District race,” Branch said in a statement. 

Although Democrats won enough House seats nationally to take back the chamber come January, the 9th is gaining attention in part because a Republican has held the seat continuously since 1963. Democrats had hoped McCready, an Iraq War veteran, would end the streak, especially after Harris edged U.S. Rep. Robert Pittenger in the May GOP primary.  

Incoming Majority Leader Rep. Steny Hoyer of Maryland said Tuesday that a “very substantial question” about fraud exists and hopes state officials “get to the bottom” of the controversy. Hoyer said Harris is “not eligible for being sworn into the House” at this point.

 

 

 

Mueller to Detail Ex-NSA Flynn’s Cooperation in Russia Probe

Special counsel Robert Mueller is set to give the first public insight into how much information President Donald Trump’s former national security adviser has shared with prosecutors in the Russia investigation.

 

The special counsel faces a Tuesday deadline in Michael Flynn’s case to file a memorandum recommending a sentence and providing a federal judge with a description of how valuable the retired U.S. Army lieutenant general has been to the probe. The deadline comes ahead of Flynn’s Dec. 18 sentencing and more than a year after he pleaded guilty to lying to the FBI about reaching out to Russian government officials on Trump’s behalf.

 

Federal sentencing guidelines recommend between zero and six months in prison for Flynn, leaving open the possibility of probation.

 

The detailing of at least some of Flynn’s cooperation also comes as Trump has increasingly vented his anger at the probe — and at one of his former confidantes who cooperated with it.

 

This week, Trump lashed out at his former legal fixer, Michael Cohen, saying he is making up “stories” to get a reduced prison sentence after his latest guilty plea to lying to Congress detailed conversations he had with the then-Republican presidential candidate. In the same morning, Trump praised longtime confidante Roger Stone for saying he would “never testify against Trump,” adding in his tweet: “Nice to know some people still have ‘guts!”’

It’s unclear if Trump will now turn his fury on Flynn, who Trump grew close to during the 2016 campaign and has drawn the president’s sympathy since he came under investigation.

 

According to memos written by former FBI Director James Comey, Trump tried to protect Flynn by asking Comey to let the investigation into his false statements go. Trump has denied asking Comey to drop the investigation but that episode is among those under scrutiny by Mueller as he probes whether Trump attempted to obstruct the Russia investigation.

 

Flynn’s case has been a contrast to those of other Trump associates, who have criticized the Russia probe. Most notably, Trump former campaign chairman, Paul Manafort, aggressively fought the investigation and is now facing the possibility of a lengthy prison sentence after his cooperation agreement recently fell apart over allegations that he had lied to investigators. Stone has also waged a public campaign against Mueller.

 

But Flynn has largely remained out of the public eye, appearing only a handful of times in media interviews or campaign events, and he has strictly avoided criticizing the Mueller probe despite widespread encouragement from his supporters to go on the offensive. He has instead spent considerable time with his family and worked to position himself for a post-conviction career.

Flynn’s false statements stemmed from a Jan. 24, 2017, interview with the FBI about his interactions with Sergey Kislyak, Russia’s then-ambassador to the U.S., as the Obama administration was levying sanctions on the Kremlin in response to election interference. In court papers filed along with his plea deal, Flynn said that members of Trump’s inner circle, including the president’s son-in-law and White House aide, Jared Kushner, were involved in, and at times directing, his actions in the weeks before Trump took office.

 

Flynn was forced to resign his post on Feb. 13, 2017, after news reports revealed that Obama administration officials had warned the Trump White House about Flynn’s false statements. The White House has said that Flynn misled officials — including Vice President Mike Pence — about the content of his conversations.

 

Flynn also admitted to making false statements about unregistered foreign agent work he performed for the benefit of the Turkish government. Flynn was under investigation by the Justice Department for the work when he became national security adviser.

Mueller to Detail Ex-NSA Flynn’s Cooperation in Russia Probe

Special counsel Robert Mueller is set to give the first public insight into how much information President Donald Trump’s former national security adviser has shared with prosecutors in the Russia investigation.

 

The special counsel faces a Tuesday deadline in Michael Flynn’s case to file a memorandum recommending a sentence and providing a federal judge with a description of how valuable the retired U.S. Army lieutenant general has been to the probe. The deadline comes ahead of Flynn’s Dec. 18 sentencing and more than a year after he pleaded guilty to lying to the FBI about reaching out to Russian government officials on Trump’s behalf.

 

Federal sentencing guidelines recommend between zero and six months in prison for Flynn, leaving open the possibility of probation.

 

The detailing of at least some of Flynn’s cooperation also comes as Trump has increasingly vented his anger at the probe — and at one of his former confidantes who cooperated with it.

 

This week, Trump lashed out at his former legal fixer, Michael Cohen, saying he is making up “stories” to get a reduced prison sentence after his latest guilty plea to lying to Congress detailed conversations he had with the then-Republican presidential candidate. In the same morning, Trump praised longtime confidante Roger Stone for saying he would “never testify against Trump,” adding in his tweet: “Nice to know some people still have ‘guts!”’

It’s unclear if Trump will now turn his fury on Flynn, who Trump grew close to during the 2016 campaign and has drawn the president’s sympathy since he came under investigation.

 

According to memos written by former FBI Director James Comey, Trump tried to protect Flynn by asking Comey to let the investigation into his false statements go. Trump has denied asking Comey to drop the investigation but that episode is among those under scrutiny by Mueller as he probes whether Trump attempted to obstruct the Russia investigation.

 

Flynn’s case has been a contrast to those of other Trump associates, who have criticized the Russia probe. Most notably, Trump former campaign chairman, Paul Manafort, aggressively fought the investigation and is now facing the possibility of a lengthy prison sentence after his cooperation agreement recently fell apart over allegations that he had lied to investigators. Stone has also waged a public campaign against Mueller.

 

But Flynn has largely remained out of the public eye, appearing only a handful of times in media interviews or campaign events, and he has strictly avoided criticizing the Mueller probe despite widespread encouragement from his supporters to go on the offensive. He has instead spent considerable time with his family and worked to position himself for a post-conviction career.

Flynn’s false statements stemmed from a Jan. 24, 2017, interview with the FBI about his interactions with Sergey Kislyak, Russia’s then-ambassador to the U.S., as the Obama administration was levying sanctions on the Kremlin in response to election interference. In court papers filed along with his plea deal, Flynn said that members of Trump’s inner circle, including the president’s son-in-law and White House aide, Jared Kushner, were involved in, and at times directing, his actions in the weeks before Trump took office.

 

Flynn was forced to resign his post on Feb. 13, 2017, after news reports revealed that Obama administration officials had warned the Trump White House about Flynn’s false statements. The White House has said that Flynn misled officials — including Vice President Mike Pence — about the content of his conversations.

 

Flynn also admitted to making false statements about unregistered foreign agent work he performed for the benefit of the Turkish government. Flynn was under investigation by the Justice Department for the work when he became national security adviser.

GOP Campaign Organizers Confirm 2018 Hack 

The National Republican Congressional Committee (NRCC), an organization that helps organize Republican campaigns for the U.S. House, said Tuesday that it had been hacked by an unknown entity over the past year.  

Politico, which broke the story early Tuesday, said that the email accounts of four “senior aides” had been surveilled for several months. The NRCC became aware of the issue in April, Politico said. CNN, citing anonymous sources, reported the hackers had stolen passwords and could have signed into the surveilled accounts. 

NRCC spokesman Ian Prior confirmed that the organization had been hacked and was in the process of conducting an internal investigation.

Prior also said that the FBI had been notified and would be conducting its own probe. 

GOP Campaign Organizers Confirm 2018 Hack 

The National Republican Congressional Committee (NRCC), an organization that helps organize Republican campaigns for the U.S. House, said Tuesday that it had been hacked by an unknown entity over the past year.  

Politico, which broke the story early Tuesday, said that the email accounts of four “senior aides” had been surveilled for several months. The NRCC became aware of the issue in April, Politico said. CNN, citing anonymous sources, reported the hackers had stolen passwords and could have signed into the surveilled accounts. 

NRCC spokesman Ian Prior confirmed that the organization had been hacked and was in the process of conducting an internal investigation.

Prior also said that the FBI had been notified and would be conducting its own probe. 

UC Berkeley Settles Lawsuit over Treatment of Conservative Speakers

The University of California at Berkeley on Monday settled a free speech lawsuit accusing the school of discriminating against speakers with conservative views. 

Under the settlement filed with the federal court in San Francisco, the university will modify its procedures for handling “major events,” which typically draw hundreds of people, and agreed not to charge “security” fees for a variety of activities, including lectures and speeches.

It will also pay $70,000 to cover legal costs of the Berkeley College Republicans and the Tennessee-based Young America’s Foundation, which filed the lawsuit in April 2017.

The settlement followed an April 27 decision by U.S. District Judge Maxine Chesney letting the plaintiffs challenge what they called the university’s “secret” or unfairly restrictive policies toward conservative speakers.

She also let the plaintiffs pursue an equal protection claim over a security fee charged to host conservative commentator Ben Shapiro that was well above a fee for Supreme Court Justice Sonia Sotomayor, part of the court’s liberal wing.

In a statement, the university said its new fee schedule is consistent with its treatment of other student groups, and called changes to its major events policy “non-substantive.”

“It has been that very policy that has enabled the campus to work effectively with the Berkeley College Republicans as they hosted numerous events featuring prominent conservative speakers without incident or interruption,” spokesman Dan Mogulof said.

Harmeet Dhillon, a lawyer for the plaintiffs, said the settlement addressed university policies that were “flatly unconstitutional” under the First Amendment.

“It is no longer able to tax speech on campus when it finds the speech to be disfavored or unpopular,” she said in an interview. “The university has taken a very important liberty-enhancing step to cover these fees.”

Dhillon added: “We wanted a settlement that doesn’t benefit just conservative students, but all students.”

The U.S. Department of Justice in January filed a “statement of interest” in the case, accusing the university of applying a “double standard” by imposing tougher rules on the Berkeley College Republicans.

Justice Department official Jesse Panuccio applauded the settlement in a statement on Monday, calling it a “win for protecting free speech on public college campuses.”

The case is Young America’s Foundation et al v Napolitano et al, U.S. District Court, Northern District of California, No. 17-02255.

UC Berkeley Settles Lawsuit over Treatment of Conservative Speakers

The University of California at Berkeley on Monday settled a free speech lawsuit accusing the school of discriminating against speakers with conservative views. 

Under the settlement filed with the federal court in San Francisco, the university will modify its procedures for handling “major events,” which typically draw hundreds of people, and agreed not to charge “security” fees for a variety of activities, including lectures and speeches.

It will also pay $70,000 to cover legal costs of the Berkeley College Republicans and the Tennessee-based Young America’s Foundation, which filed the lawsuit in April 2017.

The settlement followed an April 27 decision by U.S. District Judge Maxine Chesney letting the plaintiffs challenge what they called the university’s “secret” or unfairly restrictive policies toward conservative speakers.

She also let the plaintiffs pursue an equal protection claim over a security fee charged to host conservative commentator Ben Shapiro that was well above a fee for Supreme Court Justice Sonia Sotomayor, part of the court’s liberal wing.

In a statement, the university said its new fee schedule is consistent with its treatment of other student groups, and called changes to its major events policy “non-substantive.”

“It has been that very policy that has enabled the campus to work effectively with the Berkeley College Republicans as they hosted numerous events featuring prominent conservative speakers without incident or interruption,” spokesman Dan Mogulof said.

Harmeet Dhillon, a lawyer for the plaintiffs, said the settlement addressed university policies that were “flatly unconstitutional” under the First Amendment.

“It is no longer able to tax speech on campus when it finds the speech to be disfavored or unpopular,” she said in an interview. “The university has taken a very important liberty-enhancing step to cover these fees.”

Dhillon added: “We wanted a settlement that doesn’t benefit just conservative students, but all students.”

The U.S. Department of Justice in January filed a “statement of interest” in the case, accusing the university of applying a “double standard” by imposing tougher rules on the Berkeley College Republicans.

Justice Department official Jesse Panuccio applauded the settlement in a statement on Monday, calling it a “win for protecting free speech on public college campuses.”

The case is Young America’s Foundation et al v Napolitano et al, U.S. District Court, Northern District of California, No. 17-02255.

Write Then Run: Democrats Pen Books While Weighing 2020 Campaigns

Speaking to a packed auditorium of enthusiastic young people Nov. 27, Bernie Sanders already seemed to be campaigning for the White House again. But the Vermont senator was appearing at George Washington University as an author — not a presidential candidate.

 

Sanders’ new book, “Where We Go From Here,” went on sale that day, giving him a fresh opportunity to promote his ideas without going through the formality — yet — of launching another presidential campaign.

 

“What I believe from the bottom of my heart is that it is absolutely imperative that Donald Trump not be elected president of the United States of America. And I’m going to do everything that I can to make certain that that does not happen,” Sanders said.

 

He later added that if he concludes he is the strongest candidate to take on Trump, he’ll jump into the race.

 

Regardless of whether Sanders runs, he and virtually every other prominent Democrat considering a 2020 presidential bid are already participating in the book primary.

Julian Castro, the former Housing and Urban Development secretary, has promoted his book, “An Unlikely Journey: Waking up from My American Dream.” New York Sen. Kirsten Gillibrand has been on the road touting her children’s book, “Bold & Brave: Ten Heroes Who Won Women the Right to Vote.” And in January, California Sen. Kamala Harris will release her memoir, “The Truths We Hold: An American Journey,” with a picture book memoir to debut around the same time.

 

And, of course, there’s Michelle Obama. The former first lady has repeatedly said she has no plans to run for office, but she’s filled arenas and influenced the political conversation as she’s promoted her memoir, “Becoming.”

 

Ahead of a 2020 primary that could pit as many as two dozen Democrats against one another, the books offer potential presidential candidates an early opportunity to introduce themselves to voters in a favorable light.

 

“Every campaign book has to figure out a way in the predictable tsunami of campaign books that will be coming for the 2020 election to distinguish their book and their product and to extend their brand,” said Steve Ross, who formerly led Random House’s Crown division and worked with authors including former President Barack Obama.

 

It’s a strategy that has served presidential hopefuls from Abraham Lincoln to Donald Trump, who wrote or authorized books that served as platforms for ideas and shaping their image.

John F. Kennedy’s “Profiles in Courage” came out in 1955, when he was in his late 30s, and its sketches of political figures who made unpopular decisions presented him as a serious thinker who, like his subjects, would risk his career for the right cause.

Sen. John McCain’s career was influenced, in part, by his acclaimed memoir “Faith of My Fathers,” which came out in 1999, around the time of his first presidential run. It marked the first time he wrote at length about his time as a prisoner of war in Vietnam, which helped define his public identity.

 

The deeply personal exploration of race in Barack Obama’s “Dreams from My Father” propelled him onto the national scene when it was republished during his 2004 Senate campaign. His follow-up, “The Audacity of Hope,” mixed policy ideas and personal reflections to become a vital part of his successful 2008 presidential campaign.

 

Ross, who is now the president of the Steve Ross Agency LLC, said the quality of the writing is key to a campaign book’s success. If a book is well-written, he said, “it’s like selling out a theater with a two-hour biopic about your life that’s directed by you and starring you, the politician.”

 

“There are a lot of advantages for both the publisher and for the candidate to have a book as a narrative product,” he added. “They can’t control what The Washington Post and The New York Times and Fox News is going to say about them, but they can control what’s between the covers.”

 

With book authorship comes the opportunity for would-be candidates to travel to promote not only their book but also their strategy for the country, said Michael Steel, who was an adviser to former House Speaker John Boehner and to Jeb Bush’s 2016 Republican presidential campaign.

 

“Particularly for the higher-profile potential candidates, it’s an opportunity to get out there and talk about your vision and your record — and it’s particularly good because in addition to political news outlets, you can talk to softer-edged media outlets,” Steel said. “You can go on ‘The View,’ you can go on the ‘Today’ show, you can go on radio stations across the country and talk about the book.”

Gillibrand appeared on “The View” in November to promote her book, which contains stories of women who fought for the right to vote. In the interview, she said the book was for “little boys and little girls to understand what leadership looks like.”

 

As expected, she was asked about her own aspirations.

 

Calling it a “very important moral question,” Gillibrand told the hosts that she believed she’d been called to fight “as hard as I possibly can” to restore decency and integrity to the country and that she was considering a run.

 

Steel drew a distinction between the flurry of books that are being released as candidates consider launching campaigns and the books that are released before a presidential run is officially in the works.

 

“The books that are written before a candidate decides to run are often far more revealing about their actual character and personality and background,” Steel said. “Those are also the ones that can occasionally reveal things that the person probably wouldn’t have revealed if they were planning to run for president.”

Write Then Run: Democrats Pen Books While Weighing 2020 Campaigns

Speaking to a packed auditorium of enthusiastic young people Nov. 27, Bernie Sanders already seemed to be campaigning for the White House again. But the Vermont senator was appearing at George Washington University as an author — not a presidential candidate.

 

Sanders’ new book, “Where We Go From Here,” went on sale that day, giving him a fresh opportunity to promote his ideas without going through the formality — yet — of launching another presidential campaign.

 

“What I believe from the bottom of my heart is that it is absolutely imperative that Donald Trump not be elected president of the United States of America. And I’m going to do everything that I can to make certain that that does not happen,” Sanders said.

 

He later added that if he concludes he is the strongest candidate to take on Trump, he’ll jump into the race.

 

Regardless of whether Sanders runs, he and virtually every other prominent Democrat considering a 2020 presidential bid are already participating in the book primary.

Julian Castro, the former Housing and Urban Development secretary, has promoted his book, “An Unlikely Journey: Waking up from My American Dream.” New York Sen. Kirsten Gillibrand has been on the road touting her children’s book, “Bold & Brave: Ten Heroes Who Won Women the Right to Vote.” And in January, California Sen. Kamala Harris will release her memoir, “The Truths We Hold: An American Journey,” with a picture book memoir to debut around the same time.

 

And, of course, there’s Michelle Obama. The former first lady has repeatedly said she has no plans to run for office, but she’s filled arenas and influenced the political conversation as she’s promoted her memoir, “Becoming.”

 

Ahead of a 2020 primary that could pit as many as two dozen Democrats against one another, the books offer potential presidential candidates an early opportunity to introduce themselves to voters in a favorable light.

 

“Every campaign book has to figure out a way in the predictable tsunami of campaign books that will be coming for the 2020 election to distinguish their book and their product and to extend their brand,” said Steve Ross, who formerly led Random House’s Crown division and worked with authors including former President Barack Obama.

 

It’s a strategy that has served presidential hopefuls from Abraham Lincoln to Donald Trump, who wrote or authorized books that served as platforms for ideas and shaping their image.

John F. Kennedy’s “Profiles in Courage” came out in 1955, when he was in his late 30s, and its sketches of political figures who made unpopular decisions presented him as a serious thinker who, like his subjects, would risk his career for the right cause.

Sen. John McCain’s career was influenced, in part, by his acclaimed memoir “Faith of My Fathers,” which came out in 1999, around the time of his first presidential run. It marked the first time he wrote at length about his time as a prisoner of war in Vietnam, which helped define his public identity.

 

The deeply personal exploration of race in Barack Obama’s “Dreams from My Father” propelled him onto the national scene when it was republished during his 2004 Senate campaign. His follow-up, “The Audacity of Hope,” mixed policy ideas and personal reflections to become a vital part of his successful 2008 presidential campaign.

 

Ross, who is now the president of the Steve Ross Agency LLC, said the quality of the writing is key to a campaign book’s success. If a book is well-written, he said, “it’s like selling out a theater with a two-hour biopic about your life that’s directed by you and starring you, the politician.”

 

“There are a lot of advantages for both the publisher and for the candidate to have a book as a narrative product,” he added. “They can’t control what The Washington Post and The New York Times and Fox News is going to say about them, but they can control what’s between the covers.”

 

With book authorship comes the opportunity for would-be candidates to travel to promote not only their book but also their strategy for the country, said Michael Steel, who was an adviser to former House Speaker John Boehner and to Jeb Bush’s 2016 Republican presidential campaign.

 

“Particularly for the higher-profile potential candidates, it’s an opportunity to get out there and talk about your vision and your record — and it’s particularly good because in addition to political news outlets, you can talk to softer-edged media outlets,” Steel said. “You can go on ‘The View,’ you can go on the ‘Today’ show, you can go on radio stations across the country and talk about the book.”

Gillibrand appeared on “The View” in November to promote her book, which contains stories of women who fought for the right to vote. In the interview, she said the book was for “little boys and little girls to understand what leadership looks like.”

 

As expected, she was asked about her own aspirations.

 

Calling it a “very important moral question,” Gillibrand told the hosts that she believed she’d been called to fight “as hard as I possibly can” to restore decency and integrity to the country and that she was considering a run.

 

Steel drew a distinction between the flurry of books that are being released as candidates consider launching campaigns and the books that are released before a presidential run is officially in the works.

 

“The books that are written before a candidate decides to run are often far more revealing about their actual character and personality and background,” Steel said. “Those are also the ones that can occasionally reveal things that the person probably wouldn’t have revealed if they were planning to run for president.”

World Bank Ups Funds to Tackle ‘Existential Threat’ of Climate Change

The World Bank will give equal weight to curbing emissions and helping poor countries deal with the “disastrous effects” of a warming world as it steps up investments to tackle climate change in the first half of the 2020s, it said on Monday.

The bank and its two sister organizations plan to double their investments in climate action to about $200 billion from 2021-2025, with a boost in support for efforts to adapt to higher temperatures, wilder weather and rising seas.

The latest figures on international climate funding for developing nations show barely a quarter has been going to adaptation, with the bulk backing clean energy adoption and more efficient energy use, aimed at cutting planet-warming emissions.

“We live in a new normal in which disasters are more severe and more frequent,” World Bank CEO Kristalina Georgieva told the Thomson Reuters Foundation at U.N. climate talks in Poland.

“We have to prioritize adaptation everywhere, but especially in the most vulnerable parts of the world,” she said, pointing to the Horn of Africa and the Sahel, coastal regions and small island states.

Of the $100 billion the World Bank plans to make available in the five years from mid-2020, half would go to adaptation measures, it said.

Those include building more robust homes, schools and infrastructure, preparing farmers for climate shifts, managing water wisely and protecting people’s incomes through social safety nets, Georgieva added.

The World Bank said the money would also improve weather forecasts, and provide early warning and climate information services for 250 million people in 30 developing countries.

“Climate change is an existential threat to the world’s poorest and most vulnerable. These new targets demonstrate how seriously we are taking this issue,” World Bank Group President Jim Yong Kim said in a statement.

From 2014-2018, the World Bank spent nearly $21 billion on adaptation, which accounted for just over 40 percent of the climate benefits generated by the institution’s funding overall.

Former U.N. Secretary-General Ban Ki-moon said the bank’s pledge to use half its climate finance to find solutions to deal with changing weather patterns was “important.”

“Climate change is already having a disastrous impact on people right around the world and we are nearing the point of no return,” said Ban. “So we must take bold action to adapt to the reality of the threat facing us all.”

A recently launched Global Commission on Adaptation, which Ban chairs with Georgieva and Microsoft co-founder Bill Gates, aims to put political muscle behind efforts to keep people safer in a hotter world.

The remaining $100 billion in promised World Bank Group funding will come from the International Finance Corporation (IFC), which works with the private sector, and the Multilateral Investment Guarantee Agency, as well as private capital the group raises.

“There are literally trillions of dollars of opportunities for the private sector to invest in projects that will help save the planet,” said IFC chief Philippe Le Houérou.

The IFC will identify opportunities, use tools to make investments less risky, and attract private-sector cash in areas including renewable energy, green buildings, clean transport in cities and urban waste management, he added.

Marshall Islands President Hilda Heine said her low-lying Pacific island state was struggling with fiercer storms and increasing seawater flooding that is contaminating fresh water with salt.

The new World Bank funds would “help to build resilience, make us safer, and improve lives,” she said.

“Global action needs to accelerate before it is too late,” she added.

The “Big Shift Global” coalition of aid agencies and climate justice campaigners said the World Bank Group’s new commitment signaled that developing countries should receive far more support to tackle climate change.

But it overlooked “the desperate need to radically scale up financing for off-grid renewable energy” to help the poorest gain access to electricity, they added.

World Bank Ups Funds to Tackle ‘Existential Threat’ of Climate Change

The World Bank will give equal weight to curbing emissions and helping poor countries deal with the “disastrous effects” of a warming world as it steps up investments to tackle climate change in the first half of the 2020s, it said on Monday.

The bank and its two sister organizations plan to double their investments in climate action to about $200 billion from 2021-2025, with a boost in support for efforts to adapt to higher temperatures, wilder weather and rising seas.

The latest figures on international climate funding for developing nations show barely a quarter has been going to adaptation, with the bulk backing clean energy adoption and more efficient energy use, aimed at cutting planet-warming emissions.

“We live in a new normal in which disasters are more severe and more frequent,” World Bank CEO Kristalina Georgieva told the Thomson Reuters Foundation at U.N. climate talks in Poland.

“We have to prioritize adaptation everywhere, but especially in the most vulnerable parts of the world,” she said, pointing to the Horn of Africa and the Sahel, coastal regions and small island states.

Of the $100 billion the World Bank plans to make available in the five years from mid-2020, half would go to adaptation measures, it said.

Those include building more robust homes, schools and infrastructure, preparing farmers for climate shifts, managing water wisely and protecting people’s incomes through social safety nets, Georgieva added.

The World Bank said the money would also improve weather forecasts, and provide early warning and climate information services for 250 million people in 30 developing countries.

“Climate change is an existential threat to the world’s poorest and most vulnerable. These new targets demonstrate how seriously we are taking this issue,” World Bank Group President Jim Yong Kim said in a statement.

From 2014-2018, the World Bank spent nearly $21 billion on adaptation, which accounted for just over 40 percent of the climate benefits generated by the institution’s funding overall.

Former U.N. Secretary-General Ban Ki-moon said the bank’s pledge to use half its climate finance to find solutions to deal with changing weather patterns was “important.”

“Climate change is already having a disastrous impact on people right around the world and we are nearing the point of no return,” said Ban. “So we must take bold action to adapt to the reality of the threat facing us all.”

A recently launched Global Commission on Adaptation, which Ban chairs with Georgieva and Microsoft co-founder Bill Gates, aims to put political muscle behind efforts to keep people safer in a hotter world.

The remaining $100 billion in promised World Bank Group funding will come from the International Finance Corporation (IFC), which works with the private sector, and the Multilateral Investment Guarantee Agency, as well as private capital the group raises.

“There are literally trillions of dollars of opportunities for the private sector to invest in projects that will help save the planet,” said IFC chief Philippe Le Houérou.

The IFC will identify opportunities, use tools to make investments less risky, and attract private-sector cash in areas including renewable energy, green buildings, clean transport in cities and urban waste management, he added.

Marshall Islands President Hilda Heine said her low-lying Pacific island state was struggling with fiercer storms and increasing seawater flooding that is contaminating fresh water with salt.

The new World Bank funds would “help to build resilience, make us safer, and improve lives,” she said.

“Global action needs to accelerate before it is too late,” she added.

The “Big Shift Global” coalition of aid agencies and climate justice campaigners said the World Bank Group’s new commitment signaled that developing countries should receive far more support to tackle climate change.

But it overlooked “the desperate need to radically scale up financing for off-grid renewable energy” to help the poorest gain access to electricity, they added.

White House Seeks to End Subsidies for Electric Cars, Renewables

White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.

Asked about plans after General Motors announced U.S. plant closings and layoffs last week, Kudlow pointed to the $2,500-to-$7,500 tax credit for consumers who buy plug-in electric vehicles, including those made by GM, under federal law.

“As a matter of our policy, we want to end all of those subsidies,” Kudlow said. “And by the way, other subsidies that were imposed during the Obama administration, we are ending, whether it’s for renewables and so forth.”

Asked about a timeline, he said: “It’s just all going to end in the near future. I don’t know whether it will end in 2020 or 2021.”

The tax credits are capped by Congress at 200,000 vehicles per manufacturer, after which the subsidy phases out. GM has said it expects to hit the threshold by the end of 2018, which means under the current law, its tax credit scheme would end in 2020. Tesla said in July it had hit the threshold.

Other automakers may not hit the cap for several years.

Experts say the White House cannot change the cap unilaterally. U.S. President Donald Trump last week threatened to eliminate subsidies for GM in retaliation for the company’s decision.

Kudlow made clear any changes in subsidies would not just affect GM.

“I think legally you just can’t,” he said.

Democrats will take control of the U.S. House in January and are unlikely to agree to end subsidies for electric cars and many have been pushing for additional incentives.

Tesla and GM have lobbied Congress for months to lift the cap on electric vehicles or make other changes, but face an uphill battle make changes before the current Congress expires.

In October, Senator Dean Heller proposed lifting the current cap on electric vehicles eligible for tax credits but phase out the credit for the entire industry in 2022. Two other senators in September proposed lifting the per manufacturer credit and extending the benefit for 10 years.

Also in October, Senator John Barrasso a Republican who chairs the Senate Environment and Public Works Committee, proposed legislation to end the EV tax credit entirely.

White House Seeks to End Subsidies for Electric Cars, Renewables

White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.

Asked about plans after General Motors announced U.S. plant closings and layoffs last week, Kudlow pointed to the $2,500-to-$7,500 tax credit for consumers who buy plug-in electric vehicles, including those made by GM, under federal law.

“As a matter of our policy, we want to end all of those subsidies,” Kudlow said. “And by the way, other subsidies that were imposed during the Obama administration, we are ending, whether it’s for renewables and so forth.”

Asked about a timeline, he said: “It’s just all going to end in the near future. I don’t know whether it will end in 2020 or 2021.”

The tax credits are capped by Congress at 200,000 vehicles per manufacturer, after which the subsidy phases out. GM has said it expects to hit the threshold by the end of 2018, which means under the current law, its tax credit scheme would end in 2020. Tesla said in July it had hit the threshold.

Other automakers may not hit the cap for several years.

Experts say the White House cannot change the cap unilaterally. U.S. President Donald Trump last week threatened to eliminate subsidies for GM in retaliation for the company’s decision.

Kudlow made clear any changes in subsidies would not just affect GM.

“I think legally you just can’t,” he said.

Democrats will take control of the U.S. House in January and are unlikely to agree to end subsidies for electric cars and many have been pushing for additional incentives.

Tesla and GM have lobbied Congress for months to lift the cap on electric vehicles or make other changes, but face an uphill battle make changes before the current Congress expires.

In October, Senator Dean Heller proposed lifting the current cap on electric vehicles eligible for tax credits but phase out the credit for the entire industry in 2022. Two other senators in September proposed lifting the per manufacturer credit and extending the benefit for 10 years.

Also in October, Senator John Barrasso a Republican who chairs the Senate Environment and Public Works Committee, proposed legislation to end the EV tax credit entirely.

Where Are Drones? Amazon’s Customers Still Waiting

Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people’s doorsteps by now.

Amazon customers are still waiting. And it’s unclear when, if ever, this particular order by the company’s founder and CEO will arrive.

Bezos made billions of dollars by transforming the retail sector. But overcoming the regulatory hurdles and safety issues posed by drones appears to be a challenge even for the world’s wealthiest man. The result is a blown deadline on his claim to CBS’ “60 Minutes” in December 2013 that drones would be making deliveries within five years.

The day may not be far off when drones will carry medicine to people in rural or remote areas, but the marketing hype around instant delivery of consumer goods looks more and more like just that — hype. Drones have a short battery life, and privacy concerns can be a hindrance, too.

“I don’t think you will see delivery of burritos or diapers in the suburbs,” says drone analyst Colin Snow.

Drone usage has grown rapidly in some industries, but mostly outside the retail sector and direct interaction with consumers.

The government estimates that about 110,000 commercial drones are operating in U.S. airspace, and the number is expected to soar to about 450,000 in 2022. They are being used in rural areas for mining and agriculture, for inspecting power lines and pipelines, and for surveying.

Amazon says it is still pushing ahead with plans to use drones for quick deliveries, though the company is staying away from fixed timelines.

“We are committed to making our goal of delivering packages by drones in 30 minutes or less a reality,” says Amazon spokeswoman Kristen Kish. The Seattle-based online retail giant says it has drone development centers in the United States, Austria, France, Israel and the United Kingdom.

Delivery companies have been testing the use of drones to deliver emergency supplies and to cover ground quickly in less populated areas. By contrast, package deliveries would be concentrated in office parks and neighborhoods where there are bigger issues around safety and privacy.

In May, the Trump administration approved a three-year program for private companies and local government agencies to test drones for deliveries, inspections and other tasks.

But pilot programs by major delivery companies suggest few Americans will be greeted by package-bearing drones any time soon. United Parcel Service tested launching a drone from a delivery truck that was covering a rural route in Florida. DHL Express, the German delivery company, tested the use of drones to deliver medicine from Tanzania to an island in Lake Victoria.

Frank Appel, the CEO of DHL’s parent company, Deutsche Post AG, said “over the next couple of years” drones will remain a niche vehicle and not widely used. He said a big obstacle is battery life.

“If you have to recharge them every other hour, then you need so many drones and you have to orchestrate that. So good luck with that,” he told The Associated Press.

Appel said human couriers have another big advantage over drones: They know where customers live and which doorbell to ring. “To program that in IT is not that easy and not cheap,” he said.

Analysts say it will take years for the Federal Aviation Administration to write all the rules to allow widespread drone deliveries.

Snow, the CEO of Skylogic Research, says a rule permitting operators to fly drones beyond their line of sight — so critical to deliveries — is at least 10 years away. A method will be needed to let law enforcement identify drones flying over people — federal officials are worried about their use by terrorists.

While the rules are being written, companies will rely on waivers from the FAA to keep experimenting and running small-scale pilot programs.

“People like DHL and the rest of them (will say), ‘Hey, we can deliver via drone this parcel package to this island,’ but that’s not the original vision that Amazon presented,” Snow says.

There is a long list of FAA rules governing drone flights. They generally can’t fly higher than 400 feet, over many federal facilities, or within five miles of an airport. Night flights are forbidden. For the delivery business, the most biggest holdup is that the machines must remain within sight of the operator at all times.

In June, the National Academies of Sciences, Engineering, and Medicine said the FAA’s was being overly conservative in its safety standards for drones. The group said FAA’s risk-averse attitude was holding back beneficial uses, such as drones helping firefighters who are battling a fierce blaze.

Even before the criticism by the scientific panel, the FAA had begun to respond more quickly to operators’ requests for waivers from some rules, says Alan Perlman, founder of the Drone Pilot Ground School in Nashville, Tennessee. He said it is also getting easier and cheaper to buy liability insurance.

Bezos was mindful of the safety issues, telling “60 Minutes” back in 2013, “This thing can’t land on somebody’s head while they’re walking around their neighborhood.”

That didn’t stop him from predicting that drones fed with GPS coordinates would be taking off and making deliveries in “four, five years. I think so. It will work, and it will happen.”

To Perlman, the billionaire’s optimism made perfect sense.

“When you’re in his world you think more about technology than regulations, and the (drone) technology is there,” Perlman said.

Where Are Drones? Amazon’s Customers Still Waiting

Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people’s doorsteps by now.

Amazon customers are still waiting. And it’s unclear when, if ever, this particular order by the company’s founder and CEO will arrive.

Bezos made billions of dollars by transforming the retail sector. But overcoming the regulatory hurdles and safety issues posed by drones appears to be a challenge even for the world’s wealthiest man. The result is a blown deadline on his claim to CBS’ “60 Minutes” in December 2013 that drones would be making deliveries within five years.

The day may not be far off when drones will carry medicine to people in rural or remote areas, but the marketing hype around instant delivery of consumer goods looks more and more like just that — hype. Drones have a short battery life, and privacy concerns can be a hindrance, too.

“I don’t think you will see delivery of burritos or diapers in the suburbs,” says drone analyst Colin Snow.

Drone usage has grown rapidly in some industries, but mostly outside the retail sector and direct interaction with consumers.

The government estimates that about 110,000 commercial drones are operating in U.S. airspace, and the number is expected to soar to about 450,000 in 2022. They are being used in rural areas for mining and agriculture, for inspecting power lines and pipelines, and for surveying.

Amazon says it is still pushing ahead with plans to use drones for quick deliveries, though the company is staying away from fixed timelines.

“We are committed to making our goal of delivering packages by drones in 30 minutes or less a reality,” says Amazon spokeswoman Kristen Kish. The Seattle-based online retail giant says it has drone development centers in the United States, Austria, France, Israel and the United Kingdom.

Delivery companies have been testing the use of drones to deliver emergency supplies and to cover ground quickly in less populated areas. By contrast, package deliveries would be concentrated in office parks and neighborhoods where there are bigger issues around safety and privacy.

In May, the Trump administration approved a three-year program for private companies and local government agencies to test drones for deliveries, inspections and other tasks.

But pilot programs by major delivery companies suggest few Americans will be greeted by package-bearing drones any time soon. United Parcel Service tested launching a drone from a delivery truck that was covering a rural route in Florida. DHL Express, the German delivery company, tested the use of drones to deliver medicine from Tanzania to an island in Lake Victoria.

Frank Appel, the CEO of DHL’s parent company, Deutsche Post AG, said “over the next couple of years” drones will remain a niche vehicle and not widely used. He said a big obstacle is battery life.

“If you have to recharge them every other hour, then you need so many drones and you have to orchestrate that. So good luck with that,” he told The Associated Press.

Appel said human couriers have another big advantage over drones: They know where customers live and which doorbell to ring. “To program that in IT is not that easy and not cheap,” he said.

Analysts say it will take years for the Federal Aviation Administration to write all the rules to allow widespread drone deliveries.

Snow, the CEO of Skylogic Research, says a rule permitting operators to fly drones beyond their line of sight — so critical to deliveries — is at least 10 years away. A method will be needed to let law enforcement identify drones flying over people — federal officials are worried about their use by terrorists.

While the rules are being written, companies will rely on waivers from the FAA to keep experimenting and running small-scale pilot programs.

“People like DHL and the rest of them (will say), ‘Hey, we can deliver via drone this parcel package to this island,’ but that’s not the original vision that Amazon presented,” Snow says.

There is a long list of FAA rules governing drone flights. They generally can’t fly higher than 400 feet, over many federal facilities, or within five miles of an airport. Night flights are forbidden. For the delivery business, the most biggest holdup is that the machines must remain within sight of the operator at all times.

In June, the National Academies of Sciences, Engineering, and Medicine said the FAA’s was being overly conservative in its safety standards for drones. The group said FAA’s risk-averse attitude was holding back beneficial uses, such as drones helping firefighters who are battling a fierce blaze.

Even before the criticism by the scientific panel, the FAA had begun to respond more quickly to operators’ requests for waivers from some rules, says Alan Perlman, founder of the Drone Pilot Ground School in Nashville, Tennessee. He said it is also getting easier and cheaper to buy liability insurance.

Bezos was mindful of the safety issues, telling “60 Minutes” back in 2013, “This thing can’t land on somebody’s head while they’re walking around their neighborhood.”

That didn’t stop him from predicting that drones fed with GPS coordinates would be taking off and making deliveries in “four, five years. I think so. It will work, and it will happen.”

To Perlman, the billionaire’s optimism made perfect sense.

“When you’re in his world you think more about technology than regulations, and the (drone) technology is there,” Perlman said.

Stressed Americans Expect to Get Cozy This Christmas

It’s going to be a cozy Christmas this year as more Americans shop for comfortable apparel and accessories like fuzzy sweatshirts and sweaters, pajamas, socks and slippers.

“I think we’re overstressed and the coziness is maybe an escape to a better time,” says industry analyst Maria Rugolo of the NPD Group, who adds that a desire for comfort, convenience and versatility extends to other products as well.

“We’re seeing those weighted blankets even, where they’re supposed to relieve stress and take away your anxiety,” she says. “Again, we’re overall a stressed-out nation where technology keeps us very connected to our work lives and what’s going on and we never get to disconnect, but maybe we do a little bit in our homes and we want to invest in it.”

Rugolo says this desire for cozy comfort is driving sales of smart homing devices — such as virtual assistants and autonomous robotic vacuums — as people stay home more.

According to NPD’s 2018 Holiday Purchase Intentions survey, 1 in 3 shoppers plans to buy products for their home this holiday season.

Traditional favorites like blenders, electric toothbrushes and espresso makers are expected to do well, too.

People are also hosting more game nights and other stay-at-home activities, according to Rugolo.

“When you’re doing those kinds of activities, you also want to look comfortable and fashionable at the same time so it’s fashion and function working together,” she says. “We even said it was spashion, which is where sports meets fashion because it wasn’t necessarily that you were going to be dressed to run a marathon, but you still wanted to look fashionable in your activewear and your loungewear.”

Clothing and accessories, entertainment, toys and electronics are expected to be the top-selling categories this holiday, according to the NPD survey.

Shoppers intend to spend an average of $693 on holiday gifts this year. The survey finds that the biggest spenders of all will be Americans over the age of 73, followed closely by the baby boomers, people between the ages of 54 and 72.

The calendar has already given retailers their holiday gift. December 25 falls on a Tuesday this year, which gives Americans more weekends to shop between Black Friday — the day after Thanksgiving, which many view as the official start of the holiday shopping season — and Christmas Day.

In addition, a strong economy might lead shoppers to open their wallets a little wider.

“I think the expectation is that there will be more spend this holiday,” Rugolo says. “Unemployment is really low right now and consumer confidence is high.”

Stressed Americans Expect to Get Cozy This Christmas

It’s going to be a cozy Christmas this year as more Americans shop for comfortable apparel and accessories like fuzzy sweatshirts and sweaters, pajamas, socks and slippers.

“I think we’re overstressed and the coziness is maybe an escape to a better time,” says industry analyst Maria Rugolo of the NPD Group, who adds that a desire for comfort, convenience and versatility extends to other products as well.

“We’re seeing those weighted blankets even, where they’re supposed to relieve stress and take away your anxiety,” she says. “Again, we’re overall a stressed-out nation where technology keeps us very connected to our work lives and what’s going on and we never get to disconnect, but maybe we do a little bit in our homes and we want to invest in it.”

Rugolo says this desire for cozy comfort is driving sales of smart homing devices — such as virtual assistants and autonomous robotic vacuums — as people stay home more.

According to NPD’s 2018 Holiday Purchase Intentions survey, 1 in 3 shoppers plans to buy products for their home this holiday season.

Traditional favorites like blenders, electric toothbrushes and espresso makers are expected to do well, too.

People are also hosting more game nights and other stay-at-home activities, according to Rugolo.

“When you’re doing those kinds of activities, you also want to look comfortable and fashionable at the same time so it’s fashion and function working together,” she says. “We even said it was spashion, which is where sports meets fashion because it wasn’t necessarily that you were going to be dressed to run a marathon, but you still wanted to look fashionable in your activewear and your loungewear.”

Clothing and accessories, entertainment, toys and electronics are expected to be the top-selling categories this holiday, according to the NPD survey.

Shoppers intend to spend an average of $693 on holiday gifts this year. The survey finds that the biggest spenders of all will be Americans over the age of 73, followed closely by the baby boomers, people between the ages of 54 and 72.

The calendar has already given retailers their holiday gift. December 25 falls on a Tuesday this year, which gives Americans more weekends to shop between Black Friday — the day after Thanksgiving, which many view as the official start of the holiday shopping season — and Christmas Day.

In addition, a strong economy might lead shoppers to open their wallets a little wider.

“I think the expectation is that there will be more spend this holiday,” Rugolo says. “Unemployment is really low right now and consumer confidence is high.”

Trump Boasts of Relations with Xi, New Trade Deal with China

U.S. President Donald Trump boasted Monday of his “very strong and personal relationship” with Chinese President Xi Jinping, declaring a new U.S.-China trade deal would immediately allow American farmers to sell more of their products to Beijing.

Stock markets in Asia and Europe jumped sharply after Trump and Xi, as leaders of the world’s two biggest economies, agreed Saturday in Argentina to not impose any new tariffs on each other’s exports for the next 90 days while they negotiate a detailed trade agreement.

U.S. stock indexes also opened sharply higher in New York at the start of a new work week, with the widely watched Dow Jones Industrial Average of 30 key stocks ahead more than 1.5 percent.

“My meeting in Argentina with President Xi of China was an extraordinary one,” Trump said on Twitter. “Relations with China have taken a BIG leap forward! Very good things will happen.”

The United States had a $335.4 billion trade deficit with China in 2017. Trump said, however, “We are dealing from great strength, but China likewise has much to gain if and when a deal is completed. Level the field!”

The U.S. leader said U.S. farmers “will be a very BIG and FAST beneficiary of our deal with China. They intend to start purchasing agricultural product immediately. We make the finest and cleanest product in the World, and that is what China wants. Farmers, I LOVE YOU!”

Late Sunday, Trump tweeted that “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40 percent.”

On Monday, China’s ministry of foreign affairs said the Chinese and U.S. presidents had agreed to work towards removing all tariffs.

WATCH:  Trump-Xi Dinner in Argentina Leads to Trade War Truce

Trump said he and Xi “are the only two people that can bring about massive and very positive change, on trade and far beyond, between our two great Nations. A solution for North Korea is a great thing for China and ALL!”

Trump, at his political rallies and news conferences, often praises the increase in U.S. military spending during his nearly two years in the White House.

But he tweeted that at “at some time in the future,” Xi, Russian President Vladimir Putin of Russia, and he “will start talking about a meaningful halt to what has become a major and uncontrollable Arms Race. The U.S. spent 716 Billion Dollars this year. Crazy!”

The 90-day truce in the escalating trade war between the U.S. and China came during a dinner meeting between the two presidents following the G-20 summit of the world’s biggest economies in Buenos Aires. For months, the two countries have engaged in tit-for-tat increases in tariffs on hundreds of billions of dollars of exports flowing between the two countries.

Trump, speaking to reporters on Air Force One after the plane departed Argentina, said his agreement with Xi, will go down “as one of the largest deals ever made. … And it’ll have an incredibly positive impact on farming, meaning agriculture, industrial products, computers — every type of product.”

Trump agreed he will leave the tariffs on $200 billion worth of Chinese products at 10 percent, and not raise it to 25 percent as he has threatened to do January 1, according to a White House statement.

“China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial and other product from the United States to reduce the trade imbalance between our two countries,” said White House Press Secretary Sarah Sanders. “China has agreed to start purchasing agricultural product from our farmers immediately.”

Trump and Xi also agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture, according to the White House statement. “Both parties agree that they will endeavor to have this transaction completed within the next 90 days. If at the end of this period of time, the parties are unable to reach an agreement, the 10 percent tariffs will be raised to 25 percent,” the statement said.

Trump Boasts of Relations with Xi, New Trade Deal with China

U.S. President Donald Trump boasted Monday of his “very strong and personal relationship” with Chinese President Xi Jinping, declaring a new U.S.-China trade deal would immediately allow American farmers to sell more of their products to Beijing.

Stock markets in Asia and Europe jumped sharply after Trump and Xi, as leaders of the world’s two biggest economies, agreed Saturday in Argentina to not impose any new tariffs on each other’s exports for the next 90 days while they negotiate a detailed trade agreement.

U.S. stock indexes also opened sharply higher in New York at the start of a new work week, with the widely watched Dow Jones Industrial Average of 30 key stocks ahead more than 1.5 percent.

“My meeting in Argentina with President Xi of China was an extraordinary one,” Trump said on Twitter. “Relations with China have taken a BIG leap forward! Very good things will happen.”

The United States had a $335.4 billion trade deficit with China in 2017. Trump said, however, “We are dealing from great strength, but China likewise has much to gain if and when a deal is completed. Level the field!”

The U.S. leader said U.S. farmers “will be a very BIG and FAST beneficiary of our deal with China. They intend to start purchasing agricultural product immediately. We make the finest and cleanest product in the World, and that is what China wants. Farmers, I LOVE YOU!”

Late Sunday, Trump tweeted that “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40 percent.”

On Monday, China’s ministry of foreign affairs said the Chinese and U.S. presidents had agreed to work towards removing all tariffs.

WATCH:  Trump-Xi Dinner in Argentina Leads to Trade War Truce

Trump said he and Xi “are the only two people that can bring about massive and very positive change, on trade and far beyond, between our two great Nations. A solution for North Korea is a great thing for China and ALL!”

Trump, at his political rallies and news conferences, often praises the increase in U.S. military spending during his nearly two years in the White House.

But he tweeted that at “at some time in the future,” Xi, Russian President Vladimir Putin of Russia, and he “will start talking about a meaningful halt to what has become a major and uncontrollable Arms Race. The U.S. spent 716 Billion Dollars this year. Crazy!”

The 90-day truce in the escalating trade war between the U.S. and China came during a dinner meeting between the two presidents following the G-20 summit of the world’s biggest economies in Buenos Aires. For months, the two countries have engaged in tit-for-tat increases in tariffs on hundreds of billions of dollars of exports flowing between the two countries.

Trump, speaking to reporters on Air Force One after the plane departed Argentina, said his agreement with Xi, will go down “as one of the largest deals ever made. … And it’ll have an incredibly positive impact on farming, meaning agriculture, industrial products, computers — every type of product.”

Trump agreed he will leave the tariffs on $200 billion worth of Chinese products at 10 percent, and not raise it to 25 percent as he has threatened to do January 1, according to a White House statement.

“China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial and other product from the United States to reduce the trade imbalance between our two countries,” said White House Press Secretary Sarah Sanders. “China has agreed to start purchasing agricultural product from our farmers immediately.”

Trump and Xi also agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture, according to the White House statement. “Both parties agree that they will endeavor to have this transaction completed within the next 90 days. If at the end of this period of time, the parties are unable to reach an agreement, the 10 percent tariffs will be raised to 25 percent,” the statement said.

UN Chief: World in Deep Trouble With Climate Change

U.N. Secretary-General Antonio Guterres is warning the world is “in deep trouble with climate change.”

Speaking Monday at the opening of two weeks of climate talks in Poland, Guterres said it is “the most important gathering on climate change since the Paris Agreement was signed.” He called on the nearly 200 countries represented in Katowice, Poland, to take the issue seriously, and commit to the course of action agreed to in Paris in 2015.

Signatories to the landmark 2015 Paris Accord pledged to cut greenhouse gas emissions and limit the rise in global temperatures to less than two degrees Celsius by 2030.

To reach this goal, emissions must be halved from 2010 levels by 2030, Guterres said.

“I remind all Parties that this is a deadline you set for yourselves and it is vital you meet it,” Guterres added.

Citing bleak recent reports, including one from the U.N. expert climate panel in October, Guterres noted devastation from hurricanes in Barbuda and Dominica which he called “heart-breaking,” but also “preventable.”

President Donald Trump has threatened to pull the U.S. out of the Paris agreement because of what he says is the economic damage the treaty’s provisions would cause.

Trump is a promoter of fossil fuels and nuclear power and has proposed renegotiating the Paris Accord — an idea many dismiss as impractical.

Host country Poland is expected to propose what it calls a “just transition” for the oil, gas, and coal industries to ease the financial blow from the move away from such polluting sources of energy.

But nations more immediately threatened by climate change, including Fiji, whose prime minister, Frank Bainimarama, served as president of last year’s climate conference, urged developed nations to act now to save the planet.

“Or, God forbid, [we] ignore the irrefutable evidence and become the generation that betrayed humanity,” Bainimarama said.

 

UN Chief: World in Deep Trouble With Climate Change

U.N. Secretary-General Antonio Guterres is warning the world is “in deep trouble with climate change.”

Speaking Monday at the opening of two weeks of climate talks in Poland, Guterres said it is “the most important gathering on climate change since the Paris Agreement was signed.” He called on the nearly 200 countries represented in Katowice, Poland, to take the issue seriously, and commit to the course of action agreed to in Paris in 2015.

Signatories to the landmark 2015 Paris Accord pledged to cut greenhouse gas emissions and limit the rise in global temperatures to less than two degrees Celsius by 2030.

To reach this goal, emissions must be halved from 2010 levels by 2030, Guterres said.

“I remind all Parties that this is a deadline you set for yourselves and it is vital you meet it,” Guterres added.

Citing bleak recent reports, including one from the U.N. expert climate panel in October, Guterres noted devastation from hurricanes in Barbuda and Dominica which he called “heart-breaking,” but also “preventable.”

President Donald Trump has threatened to pull the U.S. out of the Paris agreement because of what he says is the economic damage the treaty’s provisions would cause.

Trump is a promoter of fossil fuels and nuclear power and has proposed renegotiating the Paris Accord — an idea many dismiss as impractical.

Host country Poland is expected to propose what it calls a “just transition” for the oil, gas, and coal industries to ease the financial blow from the move away from such polluting sources of energy.

But nations more immediately threatened by climate change, including Fiji, whose prime minister, Frank Bainimarama, served as president of last year’s climate conference, urged developed nations to act now to save the planet.

“Or, God forbid, [we] ignore the irrefutable evidence and become the generation that betrayed humanity,” Bainimarama said.

 

Ex-FBI Chief Comey Makes Deal Over House Subpoena

Former FBI director James Comey has reached a deal to testify privately to the House Judiciary Committee, backing off his legal fight for an open hearing, his attorney said Sunday.

Comey, whose lawyers went to court to challenge a congressional subpoena, said in a tweet that it was “hard to protect my rights without being in contempt.”

As part of a deal with legislators, Comey has been told that he is free to speak about the questioning afterward and that a transcript would be released 24 hours after he testifies, his attorney, David Kelley, said.

Comey’s lawyers told a federal judge on Friday that the interview should be done in a public setting because they fear that statements from a closed-door interview would be selectively leaked. A lawyer for Congress, however, argued that committees can conduct investigations however they please and Comey had no right to refuse a subpoena or demand a public hearing.

Comey is expected to be questioned about decisions made by the FBI in 2016, including a call not to recommend criminal charges against Democrat Hillary Clinton for her use of a private email server and the FBI’s investigation into potential coordination between Russia and Republican Donald Trump’s campaign. Trump fired Comey in May 2017.

The interview is scheduled for Friday and Comey will be “free to make any or all of that transcript public as he is free to share with the public any of the questions asked and testimony given during the interview,” Kelley said.

Because of the deal, Comey has agreed to withdraw his challenge to the subpoena. A judge had been set to rule on the matter on Monday.

The Republican chairman of the House Judiciary Committee, Rep. Bob Goodlatte, decried Comey’s use of “baseless litigation” and called it an “attempt to run out the clock on this Congress,” a reference to the few weeks left before Democrats take control.

A transcript of the interview will be released “as soon as possible after the interview, in the name of our combined desire for transparency,” Goodlatte said.