Category Archives: News

Worldwide news. News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called “hard news” to differentiate it from soft media

US Tech Companies Reconsider Saudi Investment

The controversy over the death of Saudi Arabian journalist Jamal Khashoggi has shined a harsh light on the growing financial ties between Silicon Valley and the world’s largest oil exporter.

As Saudi Arabia’s annual investment forum in Riyadh — dubbed “Davos in the Desert” — continues, representatives from many of the kingdom’s highest-profile overseas tech investments are not attending, joining other international business leaders in shunning a conference amid lingering questions over what role the Saudi government played in the killing of a journalist inside their consulate in Turkey.

Tech leaders such as Steve Case, the co-founder of AOL, and Dara Khosrowshahi, the chief executive of Uber, declined to attend this week’s annual investment forum in Riyadh. Even the CEO of Softbank, which has received billions of dollars from Saudi Arabia to back technology companies, reportedly has canceled his planned speech at the event.

But the Saudi controversy is focusing more scrutiny on the ethics of taking money from an investor who is accused of wrongdoing or whose track record is questionable.

Fueling the tech race

In the tech startup world, Saudi investment has played a key role in allowing firms to delay going public for years while they pursue a high-growth strategy without worrying about profitability. Those ties have only grown with the ascendancy of Crown Prince Mohammed bin Salman, the son of the Saudi king.

The kingdom’s Public Investment Fund has put $3.5 billion into Uber and has a seat on Uber’s 12-member board. Saudi Arabia also has invested more than $1 billion into Lucid Motors, a California electric car startup, and $400 million in Magic Leap, an augmented reality startup based in Florida.

Almost half of the Japanese Softbank’s $93 billion Vision Fund came from the Saudi government. The Vision Fund has invested in a Who’s Who list of tech startups, including WeWork, Wag, DoorDash and Slack. 

Now there are reports that as the cloud hangs over the crown prince, Softbank’s plan for a second Vision fund may be on hold. And Saudi money might have trouble finding a home in the future in Silicon Valley, where companies are competing for talented workers, as well as customers.

The tech industry is not alone in questioning its relationship with the Saudi government in the wake of Khashoggi’s death or appearing to rethink its Saudi investments. Museums, universities and other business sectors that have benefited financially from their connections to the Saudis also are taking a harder look at those relationships.

Who are my investors?

Saudi money plays a large role in Silicon Valley, touching everything from ride-hailing firms to business-messaging startups, but it is not the only foreign investment in the region.

More than 20 Silicon Valley venture companies have ties to Chinese government funding, according to Reuters, with the cash fueling tech startups. The Beijing-backed funds have raised concerns that strategically important technology, such as artificial intelligence, is being transferred to China.

And Kremlin money has backed a prominent Russian venture capitalist in the Valley who has invested in Twitter and Facebook.

The Saudi controversy has prompted some in the Valley to question their investors about where those investors are getting their funding. Fred Wilson, a prominent tech venture capitalist, received just such an inquiry.

“I expect to get more emails like this in the coming weeks as the start-up and venture community comes to grip with the flood of money from bad actors that has found its way into the start-up/tech sector over the last decade,” he wrote in a blog post titled “Who Are My Investors?”

“Bad actors’ doesn’t simply mean money from rulers in the gulf who turn out to be cold blooded killers,” Wilson wrote. “It also means money from regions where dictators rule viciously and restrict freedom.” 

This may be a defining ethical moment in Silicon Valley, as it moves away from its libertarian roots to seeing the world in its complexity, said Ann Skeet, senior director of leadership ethics at the Markkula Center for Applied Ethics at Santa Clara University.

“Corporate leaders are moving more quickly and decisively than the administration, and they realize they have a couple of hats here — one, they are the chief strategist of their organization, and they also play the role of the responsible person who creates space for the right conversations to happen,” she said.

Tech’s evolving ethics

Responding to demands from their employees and customers, Silicon Valley firms are looking more seriously at business ethics and taking moral stands.

In the case of Google, it meant discontinuing a U.S. Defense Department contract involving artificial intelligence. In the case of WeWork, the firm now forbids the consumption of meat at the office or purchased with company expenses, on environmental grounds.

The Vision Fund will “undoubtedly find itself in a more challenging environment in convincing startups to take its money,” Amir Anvarzadeh, a senior strategist at Asymmetric Advisors in Singapore, recently told Bloomberg. 

As Trade War Persists, Japan’s Abe Heads for First Visit to China

The U.S.-China trade war is helping push Beijing and Tokyo closer.  How close will become clearer later this week, when Japanese Prime Minister Shinzo Abe makes his first visit to China since taking office in 2012.

Analysts say the three-day trip is unlikely to resolve historic territorial disputes between the two sides, but it will provide Abe and Chinese President Xi Jinping a rare opportunity to warm ties and try to advance key policy agendas.

Abe arrives Thursday in Beijing accompanied by an entourage of more than 500 business leaders who, with their Chinese counterparts, will attend an investment forum focusing on collaboration in third countries.

As relations between Beijing and Washington worsen, China is looking to build closer ties with Abe, a leader who has visited the United States frequently and has sought to build a friendly relationship with U.S. President Donald Trump.

“For Abe, this is an opportunity that Trump has created for him that suits Japan’s foreign diplomacy interests,” said Ho Szu-shen, Japanese language and culture professor at Taiwan’s Fu-Jen Catholic University.  “If Japanese companies can find a way to cooperate on belt and road projects that could help diminish international criticisms and concerns of countries along the belt about debt trap diplomacy.”

In recent weeks, a handful of countries have canceled or scaled back billions of dollars in belt and road projects over concerns about debt.  China denies it is trying to create debt traps and take advantage of developing countries.

Japan’s participation in projects with China could help ease those fears.  During Abe’s visit, dozens of investment announcements are expected and some are looking to see whether the two will collaborate in places such as Thailand.

“There is a stiff competition between China and Japan vying for deals in third countries and competition adds to both countries costs,” said Jiang Yuechun, a senior research fellow at the China Institute of International Studies.  “If both countries can find a way to cooperate or complement each other’s strengths that could create a win-win situation for both countries and further benefits for third countries as well.”

Japan has made clear it supports the idea of building infrastructure to help boost economies around the globe, but it also has stressed that investments it participates in be transparent, economically viable and fiscally sustainable for the host country.

A Japanese government source, speaking on condition of anonymity, said that while there will be announcements during the visit by private companies, it is “not going to be a big deal like when Mr. Trump came to Beijing.”

When Trump visited China last November, the two announced $250 billion in trade deals.

Trump is entangled in trade disputes with both Japan and China and criticized the two countries trade practices and deficits with the United States.  Jiang said the two leaders are likely to use the meeting to voice their similar concerns about trade and tariffs.

“But I don’t think China will ally with Japan to stand against the U.S.  That is unlikely given the U.S. and Japan have a strategic alliance,” he said.

As far as trade disputes go, Japan is in a better position than Beijing.  Late last month, Tokyo and Washington agreed to shelve auto tariffs and begin negotiations on a free trade agreement.  China and the United States remain deeply divided.

At the same time, however, China has been working hard to push a free trade agreement of its own for the region, the Regional Comprehensive Economic Partnership, and is likely to use the meeting to buoy support for that agreement and the goal to finish the deal by the end of this year.

A Japanese government source said that reaching an agreement is desirable, “but at the same time we can’t compromise too much on standards.”  He also added that there are differing views among participants of RCEP as well, which includes six Asian countries and members of the Association of Southeast Asian Nations.  

China is Japan’s biggest trading partner and more than 30,000 Japanese companies have operations in the country.  Last year, Japanese investments grew for the first time since 2012 when a territorial dispute over uninhabited islands in the East China Sea and frictions sent relations into a nosedive.  Ties were so tense there were concerns the two countries might enter into a military conflict, which contributed to an exodus of Japanese businesses.

That dispute remains unresolved, but Japanese investment is picking up again, growing by 5.1 percent last year.  Abe’s visit comes as the two countries mark the 40th anniversary of the signing of the Sino-Japanese Peace and Friendship Treaty, and with that, both are looking to open a new page in relations.

Joyce Huang contributed to this report.

 

Illinois Voters Choose Issues Over Heritage in Congressional Race

A congressional race in one Illinois district pits two Indian Americans against each other. The Democrat incumbent was born in New Delhi before moving to the United States as an infant. His Republican opponent immigrated to America more than 20 years ago. But both men see the race as a battle between two Americans rather than Indian Americans. VOA’s Esha Sarai reports from Schaumburg, Illinois.

Illinois Voters Choose Issues Over Identity

In an Illinois congressional district where just six percent of the constituency is Indian American, the incumbent Democrat Congressman is being challenged by another Indian American.

“I see it as American versus American,” Jitendra Diganvker, or “JD” — the Republican challenger for the Illinois 8th district, said.

“Yeah we happen to be Indian,” he added dismissively.

“It is a good thing that members of minorities are running as Democrats or as Republicans,” the incumbent Raja Krishnamoorthi said.

The Illinois 8th District is 51 percent Caucasian, 28 percent Hispanic,14 percent Asian, and four percent African-American, according to the most recent U.S. Census data. Of those Asians, about half are Indian, according to the campaigns’ estimates.

Views and policy

In this diverse district, voters care about issues more than identity.

“I don’t care about them being Indian American. I just hope that whichever one wins that they support and help the people,” said Michelle Sims, an employee at the DuPage Community College. “And if you’re Indian then, hey, that’s fine. Just help the people.”

A Jamaican-American university student, Amara Creighton, says she thinks it is great that two minority candidates are running and have support, regardless of their ethnicity.

“I think what’s more important is their views and their policies,” Creighton said. “I mean, it doesn’t really matter to me what their minority is as long as they’re standing up for us and doing good for us.”

This rare instance of two candidates of the same minority running against each other is reflective of a larger trend throughout the United States – record numbers of Indian Americans are running for office and winning their elections.

In 2016, four Indian Americans — one of them being Krishnamoorthi, were elected to the U.S. House and a fifth was elected to the Senate — outnumbering in just one election the total number of Indian Americans to serve as U.S. representatives.

Krishnamoorthi, a businessman and former deputy state treasurer, was elected to his first term in the House of Representatives in 2016. He succeeded Democrat Tammy Duckworth, who was elected that year to the U.S. Senate.

Diganvker is a small businessman, Uber driver, and ardent member of the local Republican party. As the underdog, he is running as a “day-to-day” guy, and says he decided to run because he feels his opponent is out of touch with middle-class, hardworking families in his community.

​But his opponent, who is completing his first term in Congress, says he is far from out of touch with his community. He visits each weekend to see his wife and children when Congress is in session.

Though both candidates are immigrants, their views on immigration policy differ. Krishnamoorthi, the Democrat, has been critical of Trump’s policies to decrease refugee allowances and speaks out against family separations at the border.

“We shouldn’t separate parents from children,” he told VOA. “That’s an abomination.”

Though Diganvker, too, opposes family separations at the border, he favors Trump’s promise to build a wall along the border with Mexico and supported the travel ban on seven Muslim-majority countries.

“I’m also an immigrant. I followed the legal process and I believe in merit-based immigration,” he said, adding that merit-based immigration “brings the right skill set of people into our country.”

Krishnamoorthi, however, said that his parents legal immigration to the United States has not hardened his immigration stance.

“The fact that my parents came here legally and someone [else] did not, doesn’t mean that we should be inhumane or disrespectful, doesn’t mean we should treat them with anything less than dignity,” he said.

Diverse constituency

Both Congressional candidates are Hindu, but have wooed members of various religions in the community.

“When you come to this country there is no race,” said Farrukh Khan, a Muslim halal-shop owner in Schaumburg. “We should not go for the race, we should go for the people who more care about you and your community. Hindu or Muslim doesn’t matter.”

​So as not to lose a customer, he did not indicate which man he will support in the November election.

Myrna Frankel has volunteered for Krishnamoorthi since his first campaign, an unsuccessful bid for Illinois comptroller in 2010. They know each other through the Jewish Beth Tikvah Congregation in Schaumburg where the congressman, who lives a few blocks away, sent his children for nursery school.

“He considers himself a JewDu – half Jewish, half Hindu,” she recounted with a laugh.

Myrna’s husband, Robert, said that this diversity and community relationships are typical of their community.

“Our state senator is from Mexico. Our state representative is from Puerto Rico. Our junior senator is of Thai background,” he said.

“We vote by the type of person and what that person can do and not by anything else,” he said.

When it comes to policy, voters in the Illinois 8th seem to heavily favor the incumbent. Early polling by Five Thirty Eight shows a “99% chance” that Krishnamoorthi will win. Rasmussen’s most recent poll shows a “Strong Dem” leaning in the midterm. As of June 30, Krishnamoorthi had raised more than $4 million compared to Diganvker’s $29,000.

But the challenger isn’t intimidated.

“People can give him $10 million and that’s not going to scare me,” he said, adding that despite recent polling, his campaign is “1,000 percent sure” that he will win in November.

To Some the Migrant Caravan is a Political Gift

To supporters of President Donald Trump’s hardline immigration policies, news of a caravan of Central American migrants heading to the U.S., just weeks before the U.S. mid-term elections, is a political gift.

“Politically speaking it’s probably going to be an election game changer, because nothing is more powerful, more potent than the idea of uncontrolled masses of people surging into your country,” said Dan Stein, president of the Federation for American Immigration Reform, a group that advocates for stricter enforcement policies to curb illegal immigration.

By Monday, the number of the migrants in the caravan had swelled to more than 7,000. Most are Hondurans. Many are hoping to seek asylum in the United States from the violence and poverty in their country. 

Over the weekend, thousands of migrants crossed Guatemala’s border into Mexico by breaking through fences, pushing by Mexican police in riot gear and refusing offers of aid and possible asylum in Mexico.

President Trump called the migrant caravan a “national emergency” in a tweet on Monday.

In other tweets he has threatened to cut off aid to the region, and to use the U.S. military to completely shut down the border with Mexico if the caravan is not stopped. And he implied that failing to prevent what he called an “assault on our country” could undermine his support for the recently renegotiated free trade agreement with Mexico. 

Election issue

Much of this rhetoric is political. The president is trying to make the migrant caravan a prominent election issue to underscore his tough immigration policies and his demand for building a wall along the U.S. Mexico border.

“The Democrats want caravans. They like the caravans,” said Trump at a political campaign rally in Nevada on Friday.

But Senate Minority Leader Chuck Schumer tweeted over the weekend that the president is just trying to change the subject away from issues he sees as losing for Republicans.

Meanwhile, immigrant rights advocates are expressing concern for the safety and security of the migrant group, which includes women and children.

“I think the caravan becomes an excuse for the president to ratchet up his rhetoric that is quite hostile and demonizing of immigrants, and gets to take away their humanity,” said Royce Bernstein Murray, with the American Immigration Council.

Despite the rhetoric surrounding the migrant caravan, the American Immigration Council says illegal immigration levels into the U.S. are not increasing. It is just that now migrant groups are made up more of families fleeing violence in countries like Honduras, which has one of the world’s highest murder rate. And they tend to travel together for safety. During a caravan in April, the numbers of migrants decreased significantly as they got closer to the U.S. border.

​Unfortunate timing

There has also been speculation that caravan organizers may also be trying to gather large numbers of migrants to garner media coverage of the increasingly dangerous and impoverished situation in Central America, as well as for protection. 

Sunday, U.S. Secretary of State Mike Pompeo spoke of the “apparent political motivation of some (caravan) organizers” without giving specifics.

By portraying the caravan as a looming illegal immigration onslaught, anti-immigrant activists hope to energize Republican voters who support tougher border security policies, and mitigate widespread criticism of Trump’s past policy of separating migrant families at the border.

“Trump is very successful at shifting blame, quite correctly, that the opposition to family detention to detaining minors, which created a short term public relations problem, in fact was the solution because of the deterrent value,” said Stein.

Immigrant advocates admit it is unfortunate the caravan may shift public focus away from the need to more fairly and humanely reform the immigration system and to work with Central American countries to address the root causes of poverty and violence. 

“The timing is tricky no doubt, and it does play into the rhetoric of “us versus them” scenario. My hope is that it also becomes an opportunity for us to focus on this issue,” said Bernstein Murray.

An Avatar Is Going to Help Police Guard European Borders

A new artificial intelligence program could make land borders across Europe more secure. When a pilot program begins next month, an avatar – called i-Border-Control – will help police guard several border crossings within the 26-nation, European Schengen Area. The technology was introduced this weekend (October 20) at a science festival hosted by Manchester Metropolitan University. VOA’s Mariama Diallo reports.

US Regulator Orders Halt to Self-Driving School Bus Test in Florida

The National Highway Traffic Safety Administration on Monday said it had ordered Transdev North America to immediately stop transporting schoolchildren in Florida in a driverless shuttle as the testing could be putting them at “inappropriate” risk.

The auto safety agency known as NHTSA said in an order issued late Friday that Transdev’s use of its EZ10 Generation II driverless shuttle in the Babcock Ranch community in southwest Florida was “unlawful and in violation of the company’s temporary importation authorization.”

“Innovation must not come at the risk of public safety,” said Deputy NHTSA Administrator Heidi King in a statement.

“Using a non-compliant test vehicle to transport children is irresponsible, inappropriate, and in direct violation of the terms of Transdev’s approved test project.”

In March, NHTSA granted Transdev permission to temporarily import the driverless shuttle for testing and demonstration purposes, but not as a school bus.

The agency said the company had agreed to halt the tests. A spokeswoman for Transdev did not respond to several requests for comment Monday.

Transdev North America is a unit of Transdev, which is controlled by France state-owned investment fund Caisse des Depots et Consignations.

The company in August issued a news release saying it would “operate school shuttle service starting this fall with an autonomous vehicle, the first in the world.”

Transdev said the 12-person shuttle bus would operate from a designated pickup area with a safety attendant on board, would travel at a top speed of 8 miles per hour (13 kph), with the potential to reach speeds of 30 mph (48 kph) once additional infrastructure was completed.

There are numerous low-speed self-driving shuttles being tested in cities around the United States with many others planned.

NHTSA previously said it was moving ahead with plans to revise safety rules that bar fully self-driving cars from the roads without equipment such as steering wheels, pedals and mirrors as the agency works to advance driverless vehicles. The agency has said it opposes proposals to require ‘pre-approving’ self-driving technologies before they are tested.

NHTSA told Transdev that failure to take appropriate action could result in fines, the voiding of the temporary importation authorization or the exportation of the vehicle.

Earlier this month, French utility Veolia agreed to sell its 30 percent stake in Transdev to Germany’s Rethmann Group.

Bolton: Russian Meddling Had No Effect on 2016 Election Outcome

U.S. National Security Adviser John Bolton says he told Russian officials that its meddling in the 2016 election did not affect the outcome but instead created distrust.

“The important thing is that the desire for interfering in our affairs itself arouses distrust in Russian people, in Russia. And I think it should not be tolerated. It should not be acceptable,” Bolton said Monday on Ekho Moskvy radio.

Bolton is in Moscow for talks with Russian leaders on President Donald Trump’s intention to pull the United States out of a 1987 arms control agreement.

Before joining the White House, Bolton called Russian efforts to meddle in the 2016 election an “act of war.”

Special Counsel Robert Mueller is investigating Russian election interference and allegations of collusion with the Trump campaign — allegations both Trump and Russia deny.

The U.S. has charged a number of Russian citizens and agents with election meddling.

Last week, the Justice Department charged a Russian woman with “information warfare” for managing the finances of an internet company looking to interfere in next month’s midterm elections.

The company is owned by a business executive with alleged ties to President Vladimir Putin.

The woman, Elena Khusyaynova, said Monday she is “shocked” by the charges against her. She calls herself a “simple Russian woman” who does not speak English.

Trump: US to Cut Aid to Guatemala, Honduras, El Salvador

President Donald Trump says the United States “will now begin cutting off or substantially reducing” the amount of foreign aid given to three Central American countries, saying they were “not able to do the job” of stopping migrants from leaving their countries and “coming illegally” to the U.S.

“Guatemala, Honduras, El Salvador — they’re paid a lot of money,” Trump told reporters Monday afternoon. “Every year, we give them foreign aid. And they did nothing for us. Nothing. They did nothing for us. So, we give them tremendous amounts of money. You know what it is, you cover it all the time — hundreds of millions of dollars. They, like a lot of others, do nothing for our country.”

The president’s comments came as a group of several thousand migrants, mostly from Honduras, spent Sunday night in the southern Mexican city of Tapachula as they continued their trek toward the United States and away from what they say is unbearable violence and poverty at home.

Trump, in a tweet earlier in the day, claimed “criminals and unknown Middle Easterners are mixed in” the caravan.

Reporters traveling with the caravan say they have spotted no people from the Middle East in the group.

Asked by a reporter on the White House south lawn what evidence he had of Middle Easterners in the caravan, Trump replied, “I had reports, and they have a lot of everybody in the group. It’s a horrible thing, and it’s a lot bigger than 5,000 people, and we got to stop ’em at the border. And unfortunately, you look at the countries, they have not done their job.”

When pressed further about his assertion, Trump told journalists if they take their cameras into the caravan, “You’re going to find MS-13. You’re going to find Middle Eastern. You’re going to find everything. And guess what, we’re not allowing them in our country. We want safety.”

Two weeks ahead of U.S. congressional elections, Trump, a Republican, again laid the blame for the latest mass migration toward the southern U.S. border on opposition Democrats.

The United Nations refugee agency said it has 32 workers in Mexico to provide humanitarian assistance to the migrants and legal advice, with its local partners offering asylum information to those who want to stay.

The International Organization for Migration announced on Monday that large numbers of migrants arrived in Mexico, with many likely to remain for an extended period.

IOM estimates that more than 7,200 people are in the caravan, with many of them planning to continue their march northward.

Authorities in southern Mexico largely left the migrants alone Sunday as they walked toward the day’s destination in Chiapas state.

The Mexican government has pledged to process asylum requests for migrants who apply. The country’s interior ministry reported that on Friday, Saturday and Sunday a total 1,028 people had requested refugee status.

Mexico’s National Migration Institute said it reiterates its duty to safeguard the human rights of migrants who enter its territory.

Pueblo Sin Fronteras, an organization that helps the migrant caravans in Central America, said governments in the region have adopted “a policy of fear and racism imposed by the United States” and are not considering the reasons why people are seeking somewhere new to go.

“They are walking in mass exodus because they cannot live in their country anymore due to extreme violence, lack of opportunity, and the corruption and impunity that has expelled them from their homes,” the group said in a statement Sunday.

Mexico’s incoming president Andres Manuel Lopez Obrador told supporters at a rally Sunday in Chiapas he would be sending a letter to Trump proposing Mexico, the United States and Canada work together to invest in development in Central America to address poverty.

Lopez Obrador, who takes office December 1, said people who leave their home do so not because they want to, but out of necessity. He has pledged to offer migrants work visas, and said Sunday that Mexico has to guarantee human rights and that above all, the migrant families, women and children will have protection.

“Nothing bad will happen to the Central American migrants,” Lopez Obrador said.

Aid group Save the Children expressed concern Sunday about children who were sleeping outside in Tapachula and Suchiate either because places were full, or the children feared they would be detained once inside.

The group estimates one in four members of the caravan are children.

Midterm Elections Could Impact America’s Global Engagement

While domestic concerns dominate much of the political debate ahead of next month’s U.S. midterm elections, Democratic lawmakers say they are eager to assert themselves on foreign affairs and, when necessary, provide a check on the Trump administration if they win control of at least one chamber of Congress in November.

From trade to refugee quotas to regional concerns spanning the globe, a newly empowered Democratic majority would work energetically to hold the administration to account on its policies and potentially wield the power of the purse in areas of disagreement.

Republicans, who played a similar role for much of the previous Obama administration, are warning of a potential uptick in partisan discord on foreign policy, a realm that in past eras, such as the Cold War, often saw broad bipartisan consensus.

“The results of the election can create an opportunity to press issues in a way that, right now, can’t be done with Republican control of both the House and the Senate,” Sen. Robert Menendez of New Jersey, the top Democrat on the Senate Foreign Relations Committee, told VOA. 

“For example, our role in the world on refugees — this administration has dramatically cut back on refugees,” Menendez added. “And standing up for human rights and democracy — it doesn’t seem to be a significant priority, as it has been in other administrations, with the Trump administration.”

“We are the appropriators,” Virginia Democratic Sen. Tim Kaine said of Democratic lawmakers. “So when the White House sends a budget up every year and they propose dramatically reduced funding for USAID [foreign assistance] or diplomacy, we will be able to continue to robustly fund those priorities.”

Power of the majority

Republicans don’t dispute that a new Democratic majority in either house of Congress would flex its muscles.

“The primary role of Congress is to fund the government, including the Department of Defense, and Democrats could have a direct impact,” the Senate’s No. 2 Republican, John Cornyn of Texas, said.

“The Democrats could do a great deal with power in Congress,” said Michael O’Hanlon, a senior fellow at the Brookings Institution. “The president, by the Constitution, is granted diplomatic power. He’s also the commander-in-chief of the military, but only Congress can declare war. And also on many other issues, such as applying sanctions, Congress passes the laws.”

“You don’t need to worry about a dull period,” said national security expert Anthony Cordesman of the Center for Strategic and International Studies. “I don’t know that control of both houses [of Congress] is the issue. I think it might well be the partisanship of both houses and how hard it may be to agree on anything, move things forward, and avoid turning every foreign policy issue into a partisan issue.”

Current polling suggests that Democrats are more likely to win a majority in the House of Representatives than the Senate.

Recent months provide examples of House bipartisanship on international matters as well as partisan divergence.

House Foreign Affairs Committee Chairman Ed Royce, a California Republican, and the panel’s top Democrat, Eliot Engel of New York, recently wrote a joint letter to President Donald Trump demanding “swift action” regarding the disappearance of Saudi journalist Jamal Khashoggi.

Last month, however, Democrats took center stage in opposing the administration’s plan to provide $20 million to help Mexico deport Central American migrants passing through the country to reach the United States. In a statement, Engel labeled the plan “senseless” and an attempt “to use the State Department to force his [Trump’s] deportation crusade on other countries.”

Oversight role

A majority in either chamber of Congress would give Democrats broad power to scrutinize and draw attention to the administration’s decisions and initiatives on matters large and small.

“There are things I’d like to see done at the [Foreign Relations] committee that the Republican majority doesn’t have an interest in,” Menendez said. “For example, I get concerned about the allegations of political firings at the State Department. That is something I would press if we had a Democratic majority. I have a more robust view of oversight – we really don’t know, for the most part, what’s been happening in our engagement with North Korea.”

“A lot of Democrats are critical of President Trump on North Korea policy,” O’Hanlon said. “Certainly many Democrats think he’s been too friendly to Kim Jong Un or too unpredictable in his bluster and his tweets.”

O’Hanlon noted that Trump is constitutionally empowered to try to forge a nuclear treaty with North Korea, just as his predecessor, former President Barack Obama, pushed for an international nuclear accord with Iran. Ratification is another matter.

“Only the Senate can ratify treaties. Congress cannot write the treaty itself, only the executive can do that. But then the Congress has the power to say yea or nay,” O’Hanlon explained. “Ultimately it would be a question of whether Congress would bless any possible [North Korean nuclear] deal that required U.S. money or funds or a peace treaty.”

“Obviously the Democrats are going to pick at every possible weakness,” Cordesman said. “If the president is successful in dismantling the North Korean nuclear program, you might have some very loud Republican voices and some very silent Democratic ones. It’s going to depend on how people perceive the opportunity.”

A Democratic majority in either the House or the Senate could launch or reinvigorate investigations of the Trump administration, including its ties to Russia, an issue that is already the focus of a special counsel probe as well as bipartisan investigations by multiple committees on Capitol Hill. Republican and Democratic lawmakers also have joined forces to slap sanctions on Moscow for a variety of misdeeds.

Asked if a Democratic legislative majority would take an even tougher line with Russia, Kaine paused before answering.

“Certainly greater scrutiny,” the Virginia Democrat said. “You won’t see Congress turning a blind eye.”

“Russia is a place where it’s Donald Trump against the rest of the American foreign policy community, rather than President Trump against the Democrats,” O’Hanlon said. “Congress has been pretty adamant, both Democratic and Republican caucuses, against Russian behavior and anxious to apply punishment.”

Republican view

Regardless of the outcome of the elections, Republicans say lawmakers of both parties should work cooperatively with the administration on foreign affairs.

“There’s a lot going on in the world, so we need to try to be as unified as we can in working with the administration, rather than just joining the resistance,” Cornyn said. “There’s a lot of stake. I have not been encouraged by what we’ve seen of late. They [Democrats] seem more of the sand-in-the-gears mindset. This is a different political environment than any I’ve encountered during my adult life.”

Another Republican, Senator Lindsey Graham of South Carolina, scoffed when asked about Democrats asserting themselves on global affairs.

“I don’t know what their foreign policy is,” Graham said. “I know what Trump’s is. But what is the Democratic view of foreign policy? I don’t think they have one. They don’t like Trump, but what are they for? Should we stay in Syria? Should we stay in Afghanistan? What should we do with Iran? These are things they never talk about.”

Military engagements

Kaine has long urged Congress to pass a new authorization for the use of military force in the war on terror, updating a law passed after the terrorist attacks of September 11, 2001.

“I hope, on matters like trade and declaration of war, Congress will haul back some of its [constitutional] power,” the senator said.

Cordesman said the next Congress will confront multiple questions about ongoing U.S. military engagements at a time when America’s fiscal situation is worsening.

“On defense policy, in terms of basic spending levels, things are now relatively non-partisan,” Cordesman said. “If it came to a major new commitment in Afghanistan, any dramatic action in Iraq or Syria, or humanitarian aid, a lot would be debated there. Government spending and money may be a much more sensitive issue. Republicans may favor defense spending, Democrats may have more support for foreign aid. But exactly what’s going to happen is pretty hard to tell.”

“My expectation is that in most foreign policy issues we would not see a Democratic House, even a Democratic Senate, making huge changes in U.S. foreign policy because, in some ways, they lack the means,” O’Hanlon said. “But even more importantly, as much as they complain about Mr. Trump’s style and worry about his overall steadiness, it’s not clear how many of his policies they fundamentally disagree with in a way that would create a consensus they could write into law and change the nation’s basic foreign policy course.”

Individual Cooling Units Could Save Lives

The World Health Organization is closely watching the Ebola outbreak in Congo where the number of cases has risen to 185 since the outbreak started in August. One of the challenges for health workers fighting highly infectious diseases like Ebola is spending time in HazMat suits. They can be unwieldy and incredibly hot, but new technology could solve one of those problems. VOA’s Kevin Enochs reports.

Foreigners Sold Net $1.1 BLN of Saudi Stocks in Week to Oct 18

Foreigners sold a net 4.01 billion riyal ($1.07 billion) in Saudi stocks in the week ending Oct. 18, exchange data showed on Sunday – one of the biggest selloff since the market opened to direct foreign buying in mid-2015.

The selloff came during a week when investors were rattled by Saudi Arabia’s deteriorating relations with foreign powers following the disappearance of journalist Jamal Khashoggi.

Riyadh said on Saturday that Khashoggi died in a fight inside its Istanbul consulate, its first acknowledgment of his death after denying for two weeks that it was involved in his disappearance.

A breakdown of the data showed foreigners sold 5 billion riyals worth of stocks and bought 991.3 million worth.

The Saudi stock market is down about 4 percent since Khashoggi’s disappeared. The market had started to weaken before the incident as foreign funds slowed their buying after MSCI’s announcement in June that the kingdom will be included in its global emerging market benchmark next year.

As of Sunday, the Saudi index was up 5 percent so far this year, but down 5 percent this quarter.

($1 = 3.7518 riyals)

Is There Interference in US Midterm Elections? What We Know

When the Justice Department unsealed criminal charges detailing a yearslong effort by a Russian troll farm to “sow division and discord in the U.S. political system,” it was the first federal case alleging continued foreign interference in U.S. elections.

Earlier Friday, American intelligence officials released a rare public statement asserting that Russia, China, Iran and other countries are engaged in ongoing efforts to influence U.S. policy and voters in future elections.

The statement didn’t provide details on those efforts. That stood in contrast with the criminal charges, which provided a detailed narrative of Russian activities. Russian activities have also been outlined in previous criminal cases.

A look at what is known about foreign efforts to interfere in U.S. elections:

​What is the US worried about?

The U.S. has a lot of concerns: ballot tampering, hacking into campaigns, open and covert attempts to sway voters.

Friday’s announcement didn’t suggest that electoral campaigns or systems were compromised. Instead, it spelled out a focus on foreign campaigns aimed at undermining confidence in democratic institutions.

The criminal charges detailed how a Russian troll farm created thousands of false social media profiles and email accounts that appeared to be from people inside the United States. While social media companies are making an effort to combat fake accounts and bogus news stories ahead of the upcoming elections, there is a concern from advocates that it may not be enough to combat the foreign interference.

​Is Russia meddling in US elections?

The criminal complaint provided a clear picture that there is still a hidden but powerful Russian social media effort aimed at spreading distrust for American political candidates and causing divisions on social issues such as immigration and gun control.

Prosecutors said a Russian woman, Elena Alekseevna Khusyaynova, worked for the same social media troll farm indicted earlier this year by special counsel Robert Mueller, whose office is investigating Russian interference in the 2016 election. The case largely mirrors the one brought by the special counsel’s office against three Russian companies, including the Internet Research Agency, and 13 Russians, including a close ally to Russian President Vladimir Putin.

Court papers describe how the operatives in Friday’s case would analyze U.S. news articles and decide how they would draft social media messages about those stories.

They also show that Russian trolls have stepped up their efforts with a better understanding of the U.S. political climate and messages that are no longer riddled with misspellings.

In 2016, Russian trolls were trying to help elect Republican Donald Trump and harm the campaign of Democrat Hillary Clinton, while also sowing discord in America.

The latest charges show that Russia is continuing to focus on the latter, instead of helping a particular candidate. The case detailed how the operatives would often sent messages with diverging viewpoints about the same issue from different accounts.

​What about Iran?

The Trump administration has accused Iran of all kinds of misconduct, including sponsoring terrorism and posing a threat to Middle Eastern nations.

But it hasn’t released evidence to support its claim that Iran is trying to sway U.S. elections.

The U.S. has previously accused Iranians of cyberattacks that appear unrelated to politics.

In March, the Justice Department announced that nine Iranians carried out a yearslong cyberattack to steal secrets from American companies, universities and the government. Prosecutors said the hackers had worked at the behest of the Iranian government-sponsored Islamic Revolutionary Guard Corps.

Among the targets were employees at the Department of Labor, the Federal Regulatory Commission and the states of Indiana and Hawaii.

That case came about two years after the Justice Department indicted seven Iranian hackers for attacking dozens of banks and a small dam near New York City.

​What is the threat from China?

Earlier this month, Vice President Mike Pence charged that Russia’s influence attempts pale in comparison to covert and overt activities taken by China to interfere in the upcoming midterm elections. He accused China of trying to counter the administration’s tough trade policies against Beijing.

While many details of Russia’s covert actions have been released, the accusations against China have been mostly about open activities such as advertising supplements and targeted tariffs. Unlike the accusations against Russia, no details about covert Chinese activities have been disclosed.

The vice president noted that a multipage advertising supplement was inserted several weeks ago in the Des Moines Register in Iowa, a pivotal state in this year’s elections and the 2020 presidential election. The supplement “designed to look like news articles, cast our trade policies as reckless and harmful to Iowans,” Pence said.

He also charged that China responded to Trump’s tough trade policies with tariffs of its own designed to inflict maximum political damage.

Tensions between the U.S. and China have been high because of trade disputes, and Trump frequently criticizes China.

​Are foreign threats having an impact?

That remains unclear.

Intelligence officials have stressed that Americans should take steps to verify the information they read on social media and have called on technology companies to boost protections.

The national security agencies said they currently do not have any evidence that voting systems have been disrupted or compromised in ways that could result in changing vote counts or hampering the ability to tally votes in the midterms, which are 2½ weeks away.

“Some state and local governments have reported attempts to access their networks, which often include online voter registration databases, using tactics that are available to state and nonstate cyber actors,” they said.

But so far, they said, state and local officials have been able to prevent access or quickly mitigate these attempts.

Trump, Biden Campaign in Nevada Senate Race

Campaigning on opposite sides of a pivotal Senate race, President Donald Trump and former Vice President Joe Biden appealed to party loyalists in Nevada as early voting began Saturday in the state.

Wrapping up a three-day visit to Western states with midday rally in rural Elko, Trump lent support for Dean Heller, considered the most vulnerable GOP senator on the Nov. 6 ballot as Republicans hope to retain their Senate majority. The GOP-leaning region of the battleground state is crucial to Trump’s hopes of protecting or expanding Republicans’ 51-49 edge in the Senate.

“If you want to protect America’s laws, borders, sovereignty and even your dignity, you need to go out today and vote,” Trump said as he asked supporters to raise their right hands in a pledge to go to the polls.

​Biden: big election

A short time earlier and 400-plus miles south, Biden headlined a Las Vegas rally at a union local to promote Heller’s challenger, Rep. Jacky Rosen, and other Democratic candidates, as he encouraged Nevada residents to get out and vote.

“This election is literally bigger than politics. It’s bigger than politics,” Biden said. “No matter how old or young you are, you have never participated in an election that is as consequential as this election national and locally.”

Trump struck much the same theme throughout the week, as he has tried to frame the choices for voters in the upcoming election. He has sought to focus on immigration as one of the defining election issues and has falsely accused Democrats of wanting “open borders” and encouraging illegal immigration.

“They’ve gone loco,” Trump said.

Trump mocks 

Trump referenced Biden’s appearance in Las Vegas, mocking the smaller crowd drawn by his potential 2020 rival, compared with the thousands he gathered on an airport tarmac in the more sparsely populated part of the state.

Trump deployed a refrain he had fine-tuned during his Western swing, declaring that “Democrats produce mobs, Republicans produce jobs.”

“That’s called hashtag,” he said to the crowd. “That’s a new hashtag. That’s a hot one.”

Trump branded Heller’s opponent “Wacky Jacky,” as he sought to cast Rosen as beholden to Democratic coastal elites, including Democratic congressional leaders Nancy Pelosi and Chuck Schumer.

Biden talks American values

In Las Vegas, Biden criticized Trump for his approach to Russia and President Vladimir Putin, his equivocating on white supremacists in Charlottesville, Virginia, and his immigration policies, including the separation of migrant families at the U.S.-Mexico border

American values, “are being shredded,” Biden said. “They’re being shredded by a president who is all about himself. It’s all about Donald.”

In a tweet before leaving Arizona, Trump called Heller “a man who has become a good friend” and said he needed the senator’s “Help and Talent in Washington.”

Trump and Heller

Trump praised Heller for his votes for conservative Supreme Court Justices Neil Gorsuch and Brett Kavanaugh. The later faced allegations of decades-old sexual assault during his confirmation hearings, prompting impassioned Senate hearings and fraught votes.

“We stuck with Justice Kavanaugh, because he was the right man,” Trump said.

But Heller himself once had rocky relations with Trump and had returned a campaign donation from then-candidate Trump over Trump’s immigration rhetoric. Last year, Trump threatened Heller’s re-election chances when the senator held up GOP efforts to repeal the Obama-era health law. But Heller has since become an ally of the president, who has made two fundraising stops for him in Nevada this year already.

Heller and Rosen held their first and only debate of the campaign Friday. Heller accused her of making a visit to see separated families at the U.S.-Mexico border in order to stage a “photo-op,” while she described Heller a “rubber-stamp” for Trump, whose tax plan she said benefits the wealthy at the expense of the middle class.

In a further sign of the state’s importance in the midterms, former President Barack Obama scheduled a stop Monday in Las Vegas.

He won Nevada in his 2008 and 2012 campaigns, and Democrat Hillary Clinton carried the state by 2 percentage points over Trump in 2016. But during the last midterm elections in 2014, many Democrats stayed home and Republicans won key races across the state, which has a 29 percent Latino population.

Immigration

The country’s immigration system has long vexed politicians from both parties, and Republicans themselves have torpedoed near-compromises in recent years. Yet Trump tweeted Saturday that “we could write up and agree to new immigration laws in less than one hour” if Democrats “would stop being obstructionists and come together.”

“Call me,” he told the Democratic leaders in Congress, Sen. Chuck Schumer of New York and Rep. Nancy Pelosi of California. It seemed reminiscent of the time last year when Trump cracked open the door of bipartisanship with those leaders, who emerged from a White House meeting to say Trump had agreed to work toward a deal on protection young immigrants. But no agreement came to pass.

The Biden-Trump circling of one another in the same state happened recently in Kentucky, where Biden campaigned for a Democratic congressional candidate on a Friday night and Trump held a rally the next evening.

New York Witches to Aim Hex at Justice Kavanaugh

Melissa Madara was not surprised to receive death threats Friday as her Brooklyn witchcraft store prepared to host a public hexing of newly confirmed U.S. Supreme Court Justice Brett Kavanaugh this weekend.

The planned casting of an anti-Kavanaugh spell, one of the more striking instances of politically disgruntled Americans turning to the supernatural when frustrated by democracy, has drawn backlash from some Christian groups but support from like-minded witch covens.

“It gives the people who are seeking agency a little bit of chance to have that back,” Madara said. The ritual was to be livestreamed on Facebook and Instagram at 8 p.m. EDT Saturday (1200 GMT Sunday).

Seated at a desk phone among bird skulls and crystal balls at Catland Books, the occult shop she co-owns, Madara said the Kavanaugh hex is expected to be the most popular event the store has hosted since its 2013 opening, including spells aimed at President Donald Trump. Madara declined to provide details of what the latest ritual will entail.

More than 15,000 people who have seen Catland Books promotions on Facebook have expressed interest in attending the event, vastly exceeding the shop’s 60-person capacity.

​Irate, threatening calls

Not everyone is a witchcraft fan. Madara said she had fielded numerous irate calls from critics, with at least one threatening violence. 

“Every time we host something like this there’s always people who like to call in with death threats or read us scripture,” she said.

As far as supporters go, some are sexual assault survivors still angry that the U.S. Senate confirmed Kavanaugh’s lifetime appointment to the nation’s highest court despite accusations that he had sexually assaulted multiple women.

Kavanaugh has denied the allegations, and an FBI investigation failed to corroborate his accusers’ accounts.

Democrats hope lingering outrage over Kavanaugh, particularly among women, will translate into election gains for them Nov. 6. Republicans are likewise trying to seize on anger among conservatives at how they perceive Kavanaugh was mistreated.

Counter hexes and prayers

Believers in mysticism on both sides of the political divide are taking matters into their own hands.

Plans for the Catland Books event have sparked “counter hexes” around the country by those seeking to undo the spell that the Brooklyn witches cast against Kavanaugh, Madara said.

Even mainstream clergy was joining the fray. Rev. Gary Thomas of the Diocese of San Jose in California said Friday that he would include Kavanaugh in his prayers at Saturday mass.

Trump Says US Will Pull Out of Intermediate Range Nuke Pact

President Donald Trump said Saturday that he would pull the United States from the Intermediate-Range Nuclear Forces Treaty because Russia had violated the agreement, but he provided no details of the violations.

The 1987 pact, which helps protect the security of the U.S. and its allies in Europe and the Far East, prohibits the United States and Russia from possessing, producing or test-flying a ground-launched cruise missile with a range of 300 to 3,400 miles.

“Russia has violated the agreement. They have been violating it for many years,” Trump said after a rally in Elko, Nevada. “And we’re not going to let them violate a nuclear agreement and go out and do weapons and we’re not allowed to.”

The agreement has constrained the U.S. from developing new weapons, but America will begin developing them unless Russia and China agree not to possess or develop the weapons, Trump said. China is not currently party to the pact.

“We’ll have to develop those weapons, unless Russia comes to us and China comes to us and they all come to us and say let’s really get smart and let’s none of us develop those weapons, but if Russia’s doing it and if China’s doing it, and we’re adhering to the agreement, that’s unacceptable,” he said.

National security adviser John Bolton was headed Saturday to Russia, Azerbaijan, Armenia and Georgia. His first stop is Moscow to meet with senior Russian officials at a time when Moscow-Washington relations remain frosty over the Ukrainian crisis, the war in Syria and allegations of Russian meddling in the 2016 presidential race and upcoming U.S. midterm elections.

There was no immediate comment from the Kremlin or the Russian Foreign Ministry on Trump’s announcement.

​Back to cold war

“We are slowly slipping back to the situation of cold war as it was at the end of the Soviet Union, with quite similar consequences, but now it could be worse because [Russian President Vladimir] Putin belongs to a generation that had no war under its belt,” said Dmitry Oreshkin, an independent Russian political analyst. “These people aren’t as much fearful of a war as people of [former Soviet leader Leonid] Brezhnev’s epoch. They think if they threaten the West properly, it gets scared.”

U.S. officials have previously alleged that Russia violated the treaty by deliberately deploying a land-based cruise missile in order to pose a threat to NATO. Russia has claimed that U.S. missile defenses violate the pact.

The administration of former President Barack Obama worked to persuade Moscow to respect the INF treaty but made little progress.

“If they get smart and if others get smart and they say let’s not develop these horrible nuclear weapons, I would be extremely happy with that, but as long as somebody’s violating the agreement, we’re not going to be the only ones to adhere to it,” Trump said. 

Alaska Governor Drops Re-Election Bid, Backs Democrat

Alaska Governor Bill Walker, a political independent, halted his re-election campaign Friday and endorsed his Democratic challenger, ending a three-way race in which the Republican candidate had appeared to possess an insurmountable lead.

With 18 days remaining before the Nov. 6 election, Walker, 67, said he concluded that he could not win a second term in a race against former U.S. Senator Mark Begich, a Democrat, and former state legislator Mike Dunleavy, a Republican.

Walker’s withdrawal came three days after his former running mate, Byron Mallott, abruptly resigned as lieutenant governor over admitted but unspecified “inappropriate comments” in a scandal that threw the governor’s campaign into disarray.

Republican well ahead in polls

But public opinion surveys were already showing Dunleavy well ahead of the two other men and indicated Begich had greater support than the incumbent governor.

Consulting for days on whether Walker or Begich had a better shot at running a competitive race against Dunleavy, the “determination was made that, at this point, Begich has the better odds,” the governor said in a statement posted on his campaign’s website.

Walker also said Begich’s positions on various key issues “more closely align with my priorities for Alaska,” including their support for Medicaid expansion in Alaska and state action on climate change. Dunleavy opposes both.

“Today’s developments leave Alaska voters with a clear choice,” Dunleavy’s campaign said after learning Walker halted his re-election campaign.

A retired Air Force lieutenant colonel and outspoken supporter of President Donald Trump, Dunleavy has focused his campaign on criticizing Walker for reducing the annual oil-fund dividends all Alaska residents receive.

Walker has said limiting the payout was necessary to address big budget deficits. Dunleavy has advocated deeper spending cuts and more oil and mining development.

The latest announcement came at the annual convention of the Alaska Federation of Natives, a powerful constituency in the state, just before Walker, Begich and Dunleavy were all scheduled to participate in a gubernatorial debate.

Begich and Walker, whose name will remain on the ballot despite his withdrawal, were widely seen as likely to take votes away from each other in a three-way race.

Walker a former Republican

Walker changed his party affiliation from Republican to independent before launching his successful 2014 campaign for governor on a “unity” ticket with Mallot, a Democrat, as his running mate.

In his remarks at the Alaska Federation of Natives conference, Walker said his supporters would have to decide for themselves who they favored in a two-man race but said he planned to vote for Begich.

Walker’s campaign spokesman previously acknowledged that representatives for the governor and Begich had been in talks on a “path forward” even before Mallott stepped down from office.

Using Tech to Save World’s Most Endangered Species in Tanzania

In Tanzania, protecting endangered animals has become easier thanks to Earth Ranger. Earth Ranger is not a superhero, it’s a technology platform, developed by Vulcan Inc., a company co-founded by U.S. philanthropist and Microsoft co-founder Paul Allen. The system helps rangers remotely monitor elephants and other animals to stay ahead of poachers. Faiza Elmasry has the story. VOA’s Faith Lapidus narrates.

Saudis Admit the Death of Khashoggi; Crown Prince in Charge of Investigation

Saudi Arabia has admitted that Washington Post columnist Jamal Khashoggi is dead. Saudi state-run media says Khashoggi died after an altercation in the Saudi consulate in Istanbul, and it is promising a one-month investigation. VOA’s diplomatic correspondent Cindy Saine reports from the State Department on the dramatic developments in Riyadh.

Hackers Breach HealthCare.gov System, Get Data on 75,000

A government computer system that interacts with HealthCare.gov was hacked earlier this month, compromising the sensitive personal data of some 75,000 people, officials said Friday.

The Centers for Medicare and Medicaid Services made the announcement late in the afternoon ahead of a weekend, a time agencies often use to release unfavorable developments.

Officials said the hacked system was shut down and technicians are working to restore it before sign-up season starts Nov. 1 for health care coverage under the Affordable Care Act.

About 10 million people have private coverage under former President Barack Obama’s health care law.

Consumers applying for subsidized coverage have to provide extensive personal information, including Social Security numbers, income, and citizenship or legal immigration status.

The system that was hacked is used by insurance agents and brokers to directly enroll customers. All other sign-up systems are working.

CMS spokesman Johnathan Monroe said “nothing happened” to the HealthCare.gov website used by the general public. “This concerns the agent and broker portal, which is not accessible to the general public,” he said.

Federal law enforcement has been alerted, and affected customers will be notified and offered credit protection.

President Donald Trump promised to repeal “Obamacare” but failed.

IMF Reaches Deal with Ukraine on New $4 Billion, 14-Month Loan

The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would unlock a new loan deal that will provide nearly $4 billion.

The new 14-month standby loan deal replaces an existing four-year financial aid package agreed in March 2015 and due to expire in five months, the IMF said in a statement.

The agreement must be approved by the IMF board, which will come later in the year after authorities in Kyiv approve a 2019 budget “consistent with IMF staff recommendations and an increase in household gas and heating tariffs,” a step the government had agreed on but never implemented.

But the deal also stresses the need for “continuing to protect low-income households.”

Ukraine Prime Minister Volodymyr Groysman had been seeking the additional financing from the Washington-based lender to help his crisis-hit nation.

Groysman on Friday announced a gas price increase of 23.5 percent to take effect November 1.

He said the “incredible efforts” of Ukrainian negotiators managed to reach a compromise with the IMF and reduce the initial demand to raise prices by 60 percent.

“If we are not able to continue cooperation with our international partners … this could lead to the country being put into default,” he said.

Ukraine has not received any money from the IMF since April 2017, when the fund released $1 billion for the cash-strapped country to repay loans. It had received less than $9 billion of the original $17.5 billion package.

Talks on economic reform measures that would satisfy IMF requirements and allow the release of further aid had been hung up for months, as the fund awaited the government’s approval of a budget, pension reform and an anti-corruption court.

A gas price hike is a sensitive issue for the cash-strapped country as its pro-Western leadership faces presidential and parliamentary elections in 2019.

The IMF said the new loan “will provide an anchor for the authorities’ economic policies during 2019.”

Building on progress under the previous financing package, the loan will “focus in particular on continuing with fiscal consolidation and reducing inflation, as well as reforms to strengthen tax administration, the financial sector and the energy sector,” the IMF said.

An IMF lifeline helped the country to recover from crises sparked by a Russian-backed war in the separatist industrial east that began in April 2014 and has claimed more than 10,000 lives.

The loss of industries in the war zone and flight of foreign investors saw the former Soviet republic’s economy shrink by 17 percent in 2014-2015.

The IMF now forecasts the economy will grow by 3.5 percent this year and 2.7 percent in 2019.

Following the announcement, debt rating agency Standard and Poor’s affirmed the country’s credit score at “B-” with a stable outlook.

“We expect the new arrangement will aid Ukraine’s efforts to cover sizable external debt obligations maturing next year, and also help to anchor macroeconomic policies through the 2019 presidential and parliamentary elections,” S&P said in a statement.

The IMF loan is also likely to unlock credit from other international donors, the ratings agency said.

Financial Watchdog: Regulate Cryptocurrencies Now, Or Else

A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism.

The Financial Action Task Force said Friday that from next year it will start assessing whether countries are doing enough to fight criminal use of virtual currencies.

Countries that don’t could risk being effectively put on a “gray list” by the FATF, which can scare away investors.

Marshall Billingslea, an assistant U.S. Treasury secretary who holds the FATF’s rotating leadership, said, “We’ve made clear today that every jurisdiction must establish” virtual currency rules. “It’s no longer optional.”

The FATF described how the Islamic State group and al-Qaida have used virtual currencies.

Financial regulators worldwide have struggled to deal with the rise of electronic alternatives to traditional money.

Former Deputy UK Leader Nick Clegg Takes Post with Facebook

Facebook has hired former U.K. deputy prime minister Nick Clegg to head its global policy and communications teams, enlisting a veteran of European Union politics to help it with increased regulatory scrutiny in the region.

Clegg, 51, will become a vice president of the social media giant, and report to Chief Operating Officer Sheryl Sandberg.

Clegg will be called upon to help Facebook and other Silicon Valley stalwarts grapple with a changing regulatory landscape globally. European Union regulators are interested in reining in mostly American tech giants who they blame for avoiding tax, stifling competition and encroaching on privacy rights.

Clegg led the Liberal Democrats from 2007 to 2015, including five years in the coalition government with the Conservatives. He lost his Sheffield Hallam seat at last year’s general election.