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

Sources: Former Trump Aide Manafort Close to Plea Deal With Mueller

U.S. President Donald Trump’s former campaign chairman Paul Manafort is nearing a plea deal with U.S. prosecutors to avoid a second criminal trial, sources familiar with the matter said on Thursday.

It remains unclear if the deal will include Manafort cooperating with Special Counsel Robert Mueller’s probe into Russian interference in the 2016 U.S. presidential election and possible collusion with the Trump campaign.

A move by Manafort to cooperate could be a blow to Trump, while an outright guilty plea with no cooperation would resolve a cloud over the president ahead of congressional elections in less than two months.

“It’s close but not there yet,” one of the sources said about negotiations over a deal.

Jury selection is scheduled to begin in Washington, D.C., on Monday in Manafort’s second trial in federal court on charges including conspiring to launder money and defraud the United States, and failing to register as a foreign agent for the tens of millions of dollars he earned lobbying for pro-Russian politicians in Ukraine.

Manafort was convicted in Virginia on eight counts of bank and tax fraud and failing to disclose foreign bank accounts in the first trial that ended last month. Prosecutors said he evaded taxes on $16 million laundered through shell companies overseas.

The talks over a deal come ahead of a planned hearing in Washington on Friday where the judge, among other things, is scheduled to rule on evidence to be allowed at trial. Manafort could plead guilty at the hearing, one of the sources said.

Three members of Manafort’s defense team — Kevin Downing,Thomas Zehnle and Richard Westling — declined to comment as they entered their office on Thursday evening. Mueller’s spokesman Peter Carr declined to comment on the possible deal, which was first reported by ABC News.

Manafort’s wife Kathleen also did not answer questions when she stopped by the lawyers’ office to drop off a navy men’s suit.

‘Bloodied up’

Joshua Dressler, a law professor at Ohio State University, said it made sense that Manafort, 69, was considering cutting his losses and avoiding the time and money needed to defend himself against a second trial.

Manafort is already facing 8 to 10 years in prison from the eight guilty counts in Virginia, terms that may not change significantly no matter the outcome of the second trial.

“With eight convictions already in place, and more possible convictions awaiting him, it seems that he has been bloodied up enough to see the light,” Dressler said.

Manafort worked for five months on Trump’s 2016 campaign, including three as chairman. He resigned in August 2016 following a news report linking him to covert payments from a pro-Kremlin political party in Ukraine.

Rudy Giuliani, the former New York City mayor who is representing Trump in the Russia probe, previously told the Politico news outlet that taking a plea deal to avoid a second trial would not crush Manafort’s chances of receiving an

eventual presidential pardon. Trump has not said whether he would pardon Manafort but he has not publicly ruled it out.

Manafort was at a controversial meeting at Trump Tower in 2016 where Russians were offering “dirt” on election opponent Hillary Clinton. Trump’s critics have pointed to the meeting as evidence of the collusion with Russia that Trump denies.

“I don’t think he has any information that would hurt the president,” Giuliani told Reuters.

Trump praised Manafort last month for not entering into a plea agreement, as the president’s former personal lawyer Michael Cohen had.”Unlike Michael Cohen, he refused to ‘break’ — make up stories in order to get a ‘deal. Such respect for a brave man!,” Trump wrote on Twitter on August 22.

Rick Gates, Manafort’s former business partner and the campaign’s deputy chairman, pleaded guilty to lesser charges in exchange for his cooperation, later testifying against Manafort in Virginia.

Gates could be called as a prosecution witness in his Washington trial as well, as could veteran political operative Samuel Patten, who pleaded guilty to unregistered lobbying for Ukrainian politicians two weeks ago.

A second trial could delve deeper into Manafort’s Russian connections including to Konstantin Kilimnik, a Ukrainian-Russian political consultant who was indicted along with Manafort and who Mueller’s team has linked to Russian intelligence.

Prosecutors have said Manafort and Kilimnik conspired to tamper with witnesses, which prompted U.S. District Court Judge Amy Berman Jackson to revoke his bail and order him jailed pending trial.

US Imposes New Sanctions Targeting North Korea

The U.S. sanctioned a China-based firm Thursday and its Russian subsidiary connected to North Korea, the latest in the Trump administration’s attempts to end Pyongyang’s nuclear program. Lawmakers applauded the move as they received an update from administration officials on U.S. sanctions countering Russian aggression and Chinese human rights violations. VOA’s congressional correspondent Katherine Gypson has more from Capitol Hill.

Cuomo Defeats Nixon in NY Gubernatorial Primary

Gov. Andrew Cuomo overcame a primary challenge from activist and actress Cynthia Nixon on Thursday, thwarting her attempt to become the latest insurgent liberal to knock off an establishment Democrat.

Cuomo, who always led in the polls and outspent his rival more than 8 to 1, seldom mentioned Nixon by name during an often-nasty campaign, instead touting his experience, achievements in two terms as governor and his work to push back against President Donald Trump.

“You cannot be a progressive if you cannot deliver progress. And a New York progressive is not just a dreamer, but we are doers,” Cuomo said at a campaign rally the night before the vote. “We make things happen.”

With registered Democrats outnumbering Republicans more than 2 to 1 in New York, Cuomo becomes the automatic front-runner in November’s matchup against Republican Marc Molinaro and independent Mayor Stephanie Miner.

Nixon thanks supporters

Nixon, a longtime education activist and actress best known for her Emmy-winning role as lawyer Miranda Hobbes on HBO’s “Sex and the City,” was counting on a boost from liberals looking to oust establishment politicians. She called herself a democratic socialist and pointed to recent congressional primary victories by New York’s Alexandria Ocasio-Cortez and Massachusetts’ Ayanna Pressley as evidence that underdog challengers can defy the odds.

Nixon thanked supporters Thursday in Brooklyn, saying that together they helped push Cuomo to the left and show that liberals have a shot at making big changes.

 

“Before we take our country back we have to take our party back,” she said. “This is an incredible moment for progressives but it’s not just a moment. It’s a movement.”

Attorney general

Elsewhere on the ballot, New York City Public Advocate Letitia James won a four-way Democratic primary for attorney general in a race that was a competition over who could best use the office to antagonize President Donald Trump.

James, 59, would become the first black woman to hold a statewide elected office in New York if she prevails in the general election, where she will be heavily favored. She defeated a deep field of fellow Democrats: U.S. Rep. Sean Patrick Maloney, Fordham law professor Zephyr Teachout and former Hillary Clinton adviser Leecia Eve.

The winner in November will inherit several pending lawsuits filed by the state that challenge Trump’s policies and accuse his charitable foundation of breaking the law.

James faces little-known Republican attorney Keith Wofford in the general election in November.

If she wins in November, James would also become the first woman elected attorney general, though not the first to hold the job. New York’s current attorney general, Democrat Barbara Underwood, was appointed to replace Schneiderman. She declined to run for election.

Turkey’s Central Bank Defies Erdogan, Hikes Rates

The Turkish central bank caught international markets by surprise Thursday as it aggressively hiked interest rates in an effort to strengthen consumer confidence, stem inflation and rein in the currency crisis. 

Interest rates were increased to 24 percent from 17.75 percent, which is more than double the median of investor predictions of a 3 percent hike. The Turkish lira surged above 5 percent in response, although the gains subsequently were pared back.

International investors broadly welcomed the move. “TCMB [Turkish Republic Central Bank] did show resolve in hiking the one-week repo rate substantially and going back to orthodoxy,” chief economist Inan Demir of Nomura International said.

The central bank had drawn sharp criticism for failing to substantially raise interest rates to rein in double-digit inflation and an ailing currency. The lira had fallen by more than 40 percent this year.

The rate hike is an apparent rebuke to Turkish President Recep Tayyip Erdogan, who has been opposed to such a move.

Only hours before the central bank decision, Erdogan again voiced his opposition to increasing interest rates. The Turkish president reiterated his stance of challenging orthodox economic thinking, arguing that inflation is caused by high rates, although that runs contrary to conventional economic theory. Erdogan also issued a presidential decree banning all businesses and leasing and rental agreements from using foreign currency denominations.

The central bank indicated further rate hikes could be in the offing. “Tight stance monetary policy will be maintained decisively until inflation outlook displays a significant improvement,” the central bank statement reads.

The strong commitment to challenge inflation was welcomed by investors. “Most importantly, the CBT seemed to be vocal about price stability risks,” wrote chief economist Muhammet Mercan of Ing bank.

‘Crazy’ spending

Fueled by August’s sharp fall in the lira, which drove up import costs, inflation is on a rapid upward trajectory. Some predictions warn inflation could approach 30 percent in the coming months.

While international markets are broadly welcoming the central bank’s interest rate hike, economist Demir warns more action is needed.

“This rate hike does not undo the damage inflicted on corporate balance sheet, and market concerns about geopolitics will remain in place. So this is not the hike to end all problems,” said Demir.

The World Bank and IMF repeatedly have called on Ankara to rein in spending, which they say is fueling inflation. Perhaps in response, Erdogan has announced a freeze on new state construction projects.

In the past few years, he has embarked on an unprecedented construction boom, including building one of the world’s largest airports and a multibillion-dollar canal project in Istanbul, which the president himself described as “crazy.”

Trade tariffs

Investors also remain concerned about ongoing diplomatic tensions between Ankara and Washington. The two NATO allies remain at loggerheads over the detention on terrorism charges of American pastor Andrew Brunson.

Brunson’s detention saw U.S. President Donald Trump impose trade tariffs on Turkey, which triggered August’s collapse in the lira. Trump has warned of further sanctions.

“If we somehow sort out our problems with the United States and adopt an orthodox austerity program, we may find a way out of this mess,” said political analyst Atilla Yesilada of Global Source Partners.  “Turkey is a country that has a net foreign debt of over $400 billion, and where 40 percent of [Turkish] deposits are in foreign currency, so the game could be over in a day.”

Turkey has a long tradition of carrying out business in foreign currencies to mitigate the threat of inflation and a falling lira. The growing danger of the so-called “dollarization” of the economy and the public abandonment of the lira are significant risks to the currency.

Turkish companies are paying the cost for the depreciation of the lira. Analysts estimate about $100 billion in foreign currency loans have to be repaid by the private sector in the coming year. Companies and individuals borrowing in local currency, however, will be facing higher repayments. And most analysts predict the Turkish economy is heading into a recession.

Economist Demir says, though, that the situation could have been far worse.

“In the absence of an [interest rate] hike, the rollover pressures on banks would get even worse, damage on corporate balance sheets would intensify, and local deposit holders’ confidence would have weakened further. So this hike, although it doesn’t eliminate other risks, eliminates some of the worst outcomes for the Turkish economy,” he said.

Thursday’s rate hike appears to have bought time for the Turkish economy and the nation’s besieged currency. Analysts say investors are watching to see if Turkey’s decision-makers use that time wisely.

Trump Tariffs Put Missouri Senate Candidate Hawley in a Bind

The fate of a Missouri nail manufacturer suffering under President Donald Trump’s steel tariffs has put Republican Senate candidate Josh Hawley in a bind between his support for the president’s trade strategy and a local plant that says it could be forced to close.

Mid Continent Nail Corporation says it could shutter its Poplar Bluff plant, which employs about 335 workers, as early as this month without an exemption to tariffs, the site’s Operations General Manager Chris Pratt told reporters in early September. The company previously had said that it might not survive through Labor Day but stayed open.

After Trump imposed a 25 percent tariff on imported steel, the company in June cut 60 of 500 positions at the plant in rural Butler County, where the unemployment rate is above the national average and the company is the area’s second-largest employer. Pratt said many employees also have left because of the uncertainty, and the company is not replacing those workers.

“Right now we’re counting on Josh Hawley, who says he has a good relationship with President Trump, to save the 500 jobs in Poplar Bluff, Missouri,” Pratt said after Labor Day.

Trump imposed tariffs in March, saying a reliance on imported metals threatened national security. He initially exempted Canada, Mexico and the European Union to buy time for trade negotiations, but tariffs for those countries took effect in May after talks stalled.

Mid Continent is owned by Deacero, a private Mexican company, which supplies steel for the nails made in Missouri. Company spokeswoman Elizabeth Heaton said nails are sold throughout the U.S., Canada and the Caribbean and used for industrial pallets, crating for transportation and residential construction.

Hawley, the state attorney general, and Democratic incumbent Sen. Claire McCaskill are sparring in one of the most closely-watched Senate races in the nation, with Republicans’ 51-49 majority at stake on November 6. Both candidates visited the plant after tariffs began and both say they’re fighting for Mid Continent, but the issue is more delicate for Hawley.

Missouri is one of several Senate races including North Dakota, Indiana and Montana, where Republican candidates are on the defensive as trading partners retaliate against agricultural and manufacturing products from the U.S. in response to Trump’s tariffs.

In Missouri, Hawley says he supports Trump’s goal of getting tough with trading partners to get better deals for the U.S. and urges patience to see results from the negotiations. The Trump administration recently said it reached a deal with Mexico to update the North American Free Trade Agreement and is now negotiating with Canada to finalize it.

In an August letter to Deacero, Hawley says the company makes a strong case for an exemption and urges the Department of Commerce to grant it quickly.

But an exemption is unlikely to be granted quickly. The federal government has been deluged with requests for exemptions, the process is slow and some U.S. steel producers have objected to Mid Continent getting favorable treatment, saying the company could switch to U.S. suppliers.

Pratt said the plant also buys American steel, but he said there’s not enough to meet the company’s needs and noted that domestic prices rose steeply with the tariffs.

Hawley has also put pressure on the plant’s Mexican parent company to keep it open.

“As a company with a global presence and many locations, Deacero is clearly not struggling to make ends meet,” Hawley wrote in the letter. “The reality is that Deacero can afford to keep the factory open, and in turn, help keep men and women employed who simply want to do right by their families and earn a living.”

Democrat McCaskill has gone on the attack over the company’s plight, highlighting Mid Continent Nail during a June U.S. Senate hearing, pushing for the exemption and holding an August hearing in St. Louis to listen to concerns from Missouri businesses.

Instead of tariffs, McCaskill has advocated joining U.S. allies to take a stand against China’s unfair trade practices and spending more money to enforce current trade laws through the United States International Trade Commission.

In a recent Facebook post, she used the tariffs as an example to paint Hawley as a rubber stamp to Trump.

 

“All across the state, farmers and manufacturers are telling me how they’re being hurt by this trade war. That’s why I’m calling for it to end,” McCaskill wrote. “Hawley is supporting it because he doesn’t want an inch of daylight between him and President Trump.”

The Latest: Cuomo, Nixon Vote in NY Primary Election

The Latest on New York’s Democratic primary (all times local):

12:45 p.m.

Gov. Andrew Cuomo and activist actress Cynthia Nixon have cast their votes in New York’s Democratic primary election.

Nixon posed for photos with supporters in Manhattan’s Union Square before she voted Thursday at a community center. Cuomo appeared at a polling station in suburban Mount Kisco with his girlfriend, Sandra Lee.

Democrats across New York are also choosing their candidates for attorney general and the state Legislature in the nation’s last primary election of 2018.

The most-watched race is the fiercely fought contest between Cuomo and Nixon.

She’s a high-profile example of an insurgent left-wing trying to oust establishment incumbents.

11 a.m.

Democrats across New York are choosing their candidates for governor, attorney general and the state Legislature in the nation’s last primary election of 2018.

The most-watched race is a fiercely fought contest between Gov. Andrew Cuomo and activist actress Cynthia Nixon.

She’s a high-profile example of an insurgent left-wing trying to oust establishment incumbents.

President Donald Trump might want to keep an eye on the attorney general primary.

Fordham law professor Zephyr Teachout, New York City Public Advocate Letitia James, U.S. Rep. Sean Patrick Maloney and former Hillary Clinton adviser Leecia Eve have all vowed to be a legal thorn in the Republican president’s side.

Polls show that race very close going into election day.

Voting began in some cities early Thursday and starts in other places at noon.

Zuckerberg Says Facebook ‘Better Prepared’ for Election Meddling

Facebook is better prepared to defend against efforts to manipulate the platform to influence elections and has recently thwarted foreign influence campaigns targeting several countries, chief executive Mark Zuckerberg said Thursday.

Zuckerberg, posting on his Facebook page, outlined a series of steps the leading social network has taken to protect against misinformation and manipulation campaigns aimed at disrupting elections.

“We’ve identified and removed fake accounts ahead of elections in France, Germany, Alabama, Mexico and Brazil,” Zuckerberg said.

“We’ve found and taken down foreign influence campaigns from Russia and Iran attempting to interfere in the US, UK, Middle East, and elsewhere — as well as groups in Mexico and Brazil that have been active in their own country.”

Zuckerberg repeated his admission that Facebook was ill-prepared for the vast influence efforts on social media in the 2016 US election but added that “today, Facebook is better prepared for these kinds of attacks.”

But he also warned that the task is difficult because “we face sophisticated, well-funded adversaries. They won’t give up, and they will keep evolving.”

The Facebook co-founder said the social network remains in a constant battle with those who create fake accounts that could be used to spread false information — having blocked more than a billion.

“With advances in machine learning, we have now built systems that block millions of fake accounts every day,” he said.

“In total, we removed more than one billion fake accounts — the vast majority within minutes of being created and before they could do any harm — in the six months between October and March.”

Zuckerberg’s post was the latest in a series of steps aimed at repairing the damage from its missteps in 2016, including the hijacking of personal data on millions of Facebook users by a political consultancy working for Donald Trump.

Separately, Facebook announced it was expanding fact-checking for photos and videos to 27 partners in 17 countries around the world, up from 14 countries earlier this year.

“Similar to our work for articles, we have built a machine learning model that uses various engagement signals, including feedback from people on Facebook, to identify potentially false content,” said produce manager Antonia Woodford.

“We then send those photos and videos to fact-checkers for their review, or fact-checkers can surface content on their own.”

Trump Criticized for Rejecting Puerto Rico Hurricanes’ Death Toll

U.S. President Donald Trump is facing fresh, harsh criticism for disputing the official death toll in Puerto Rico from last year’s hurricanes and alleging, without evidence, that opposition Democratic Party members inflated the numbers to make him look bad.

 

Trump said on Twitter Thursday morning, “3000 people did not die in the two hurricanes that hit Puerto Rico,” referring to hurricanes Maria and Irma.

An independent study concluded the death toll from Hurricane Maria was nearly 3,000.

 

The reaction to Trump’s tweets on the matter has been fast and fierce.

“With 3,000 people dead, for the president to say that Puerto Rico was a success, a triumph of his presidency, is simply delusional,” Congressman Luis Gutierrez said on the floor of the House of Representatives Thursday morning. “And now, he denies that they are even dead.”

 

Gutierrez, who is of Puerto Rican heritage and represents the state of Illinois, was involved in the island’s recovery effort. He also accused Trump of “making a tremendous and deadly mistake in caring for the American people.”

Florida Gov. Rick Scott, a Republican from a state where many of those who fled the island have relocated, said he disagreed with the president.

“An independent study said thousands were lost,” Scott said on Twitter, adding that he has been to the island seven times and had seen the devastation firsthand.

 

Congressman Steny Hoyer, who as the Democratic whip holds the opposition party’s second highest position in the chamber, called the president’s comment “beyond comprehension and deeply offensive to the thousands of American families who lost loved ones.”

Paul Ryan, speaker of the U.S. House of Representatives (the top representative of the president’s party in the chamber), had a conditional defense of Trump’s comments when questioned by a reporter.

 

“There is no reason to dispute these numbers,” Ryan replied, adding, however, “it was no one’s fault” that so many had died from a devastating storm hitting an isolated island.

Power was out for several months for much of the island, and damage from the storm still hampers the recovery of the Caribbean territory that is located about 1,600 kilometers southeast of the state of Florida and is home to 3.3 million people, who are U.S. citizens. About a quarter of a million residents were displaced.

 

A report by the Milken Institute School of Public Health at George Washington University, issued on Aug. 29, said vast numbers of Puerto Ricans died as a direct result of Hurricane Maria last September, far beyond the initial estimate of 64 deaths.

The report said many of the deaths occurred weeks later because of devastating damage to the Caribbean island’s electrical grid that curbed treatment for those with life-threatening injuries or medical conditions.

The death toll issue is making fresh headlines, as Hurricane Florence targets the southeastern U.S. coastal state. As the new storm approached, Trump, for days, revisited the U.S. government’s performance in handling the aftermath of Maria’s stunning blow to Puerto Rico and other hurricanes that hit the U.S. mainland last year.

Trump went to Puerto Rico after Maria hit, saying, “When I left the Island, AFTER the storm had hit, they had anywhere from 6 to 18 deaths. As time went by it did not go up by much. Then, a long time later, they started to report really large numbers, like 3000.”

The president added: “This was done by the Democrats in order to make me look as bad as possible when I was successfully raising Billions of Dollars to help rebuild Puerto Rico. If a person died for any reason, like old age, just add them onto the list. Bad politics. I love Puerto Rico!”

 

Some prominent Republicans are hesitating to criticize the president about the tweets. Sen. Orrin Hatch, who is the finance committee chairman, laughed when a reporter read excerpts to him on Thursday, responding: “I can’t really comment because I don’t know anything about it.”

 

Sen. Richard Blumenthal, a Democrat, told reporters: “The death toll in Puerto Rico is abominable and abhorrent, and it’s a lesson in our need to do better for our fellow Americans, adding that “Puerto Rico is still a humanitarian crisis.”

The president views it differently.

“We got A Pluses for our recent hurricane work in Texas and Florida (and did an unappreciated great job in Puerto Rico, even though an inaccessible island with very poor electricity and a totally incompetent Mayor of San Juan),” Trump tweeted Wednesday.

San Juan Mayor Carmen Yulin Cruz told CNN that the president’s words added “insult to injury,” saying he had no idea what is going on there. She said Trump has “no empathy” for anything that doesn’t make him look good.

Puerto Rico’s Gov. Ricardo Rossello said, “Now is not the time to pass judgment. It is time to channel every effort to improve the lives of over 3 million Americans in Puerto Rico.”

Ken Bredemeier contributed to this report. Michael Bowman and Katherine Gypson contributed from Capitol Hill.

 

In Cuba, Street Vendors Sing to Sell, From Salsa to Reggaeton

Cuba’s street vendors are bringing back the pregon, the art of singing humorous, rhyming ditties with double entendres about the goods they are selling, with some modernizing the tradition by setting their tunes to reggaeton.

The pregon is a centuries-old tradition that has inspired famous songs like “El Manisero” (the peanut vendor), composed in the late 1920s by Cuban musician Moises Simons on son music, the backbone of salsa.

It faded out in Cuba after Fidel Castro’s 1959 revolution did away with most free enterprise. With the tentative liberalization of the centralized economy over the last few decades, however, it has made a comeback.

Cubans can now get a permit to make and sell their own goods on the street, from coconut ice cream to juices. Vendors often opting for that option, rather than opening a shop, which remains an onerous venture given ongoing restrictions on private business.

Others just illegally sell wares from stores at a mark-up, hoping to avoid authorities and a fine.

Not all street vendors bother with the pregon. Some just shout out what they are selling and their prices in a blunt manner on a loop, often using loudspeakers that they strap to rickety carts or bicycles, adding to the urban cacophony.

Cuba’s pregoneros however, like Lyssett Perez, who hawks paper cones of roasted peanuts to tourists in Old Havana, believe their ditties help them stand out.

“Firstly, it’s so people listen to me. Secondly, so they love me,” said Perez. “For me the pregon means joy.”

Perez has opted for more traditional pregons. She dresses up in colonial-style dresses with voluminous skirts and white aprons in order to catch the eye of potential clients.

“If you want to have fun by the mouth, buy yourself a peanut cornet,” she sings in a deep, melodious voice as she meanders up and down Old Havana’s pebbled and picturesque streets.

Other pregoneros are updating the genre. Gilberto Gonzalez raps about his wares to the beat of reggeaton that blends reggae, Latin and electronic rhythms.

“Toilet paper, so the chorus goes, buy me my people, to clean your bottom, hands in the air!” he raps in a video captured by a passer-by that subsequently drew tens of thousands of views on YouTube.

The video appeared just months after shortages of toilet paper in Havana, adding to its humorous appeal. Cubans are notorious for dealing with constant shortages of basic goods by making fun of them.

Such was its success that one of Cuba’s top DJs, DJ Unic, did a remix that further spread Gonzalez’s peculiar renown. Sporting a cap that reads “Money on my Mind,” Gonzalez said he was just trying to “make ends meet.”

Survey: US Tariffs Hurting American Businesses in China

Even before U.S.-China trade tensions began escalating dramatically, foreign businesses who operate in China were warning about the impact tariffs could have. And now, according to a newly released joint survey from the American Chamber of Commerce in China and AmCham Shanghai, many are already feeling the pinch.

More than 60 percent say the initial $50 billion in tariffs rolled out by the United States and China are having a negative impact on business, increasing the demand of manufacturing and slowing demand for products.

That number is expected to rise to nearly 75 percent if a second round of tariffs, an additional $200 billion in tariffs from Washington and another $60 billion from Beijing, goes ahead.

The administration of President Donald Trump has threatened it could go ahead with $200 billion in tariffs and, if needed, $267 billion more after that.

Unexpected consequences

William Zarit, chairman of AmCham China said while there are expectations in Washington that an additional onslaught of tariffs could force Beijing to wave the white flag, it risks underestimating China’s capability to continue to meet fire with fire, he said.

“It seems that American companies will be more harmed by the American tariffs than they will by the Chinese tariffs. I don’t think that this necessarily is a result that was expected,” Zarit said.

President Trump argues that China is stealing jobs from the United States and not doing enough to address the huge trade deficit between the two economies. The tariffs are seen by proponents as a way of pressuring China to move away from its state-led economy and policies that force technology transfers.

Zaritt said it remains to be seen whether some of the Trump administration’s tactics and tariffs will address big problems, such as Chinese protectionism, state capitalism and other things such as preferential loans and subsidies. He said one key approach that could go a long way to help ease tensions is for the focus to shift toward equal and reciprocal treatment.

“The Chinese have acknowledged that as their economy is evolving away from an export driven/investment driven to a more consumption/domestic demand driven economy, that they really need to open their market. And so, the big question is why would you not do that if it is in your interest?” Zarit said.

Private vs public economy

In Beijing, some have framed the trade tensions as an attempt by the United States to thwart China’s rise. Others, however, have suggested that instead of opening up markets and giving private enterprises more space, the opposite should happen. An article written by Wu Xiaoping, a veteran financier and columnist argues it is time for private enterprises to think about exiting the market.

In the article, he argued China should move toward a large scale centralized private-public mixed economy. He also said the private economy shouldn’t expand blindly.

“The private economy has accomplished its mission to help the public economy develop and it should gradually step aside,” he wrote in the article.

The article has sparked a backlash online and even state media reports have criticized Wu’s views. The fact that the idea was able to circulate so widely before being heavily censored on Thursday is a signal that the government might be sending out a trial balloon.

Others analysts argue the publication of the article could have been motivated by a fear for some that Beijing was preparing to make major concessions.

Zhang Yifan, an associate economics’ professor at the Chinese University of Hong Kong, said despite the widespread criticism, the idea was worrisome.

“President Xi’s government, they believe [in a] strong government,” Zhang said. “So, there is a trend that they strengthen the power of the government and I am worried that market forces will play a smaller and smaller role.”

More trade talks

On Thursday, China’s Foreign Ministry confirmed that both Washington and Beijing are preparing for another possible round of talks and trade negotiations.

A spokesman from the Foreign Ministry welcomed the invitation from Washington and the two were discussing details about the proposed talks. U.S. Treasury Secretary Steven Mnuchin invited his counterparts in China along with Vice Premier Liu He to attend the talks, which could happen in the coming weeks.

The fact that higher ranking officials would attend the talks is being seen as a positive sign. The last round of talks were carried by lower-ranking officials.

Joyce Huang contributed to this report

 

 

Cyclist Who Flipped Off Trump’s Motorcade Runs for Office

The cyclist who flashed her middle finger at President Donald Trump’s motorcade says she’ll file paperwork to run for office in northern Virginia. 

Juli Briskman tells The Washington Post this week that she’ll file paperwork to challenge Suzanne M. Volpe, a Republican who represents the Algonkian District on the Loudoun County Board of Supervisors in 2019. Briskman says she will run on increasing transparency in local government, among other things. 

The 51-year-old marketing executive was on a bike ride in October 2017 and was photographed making the offensive gesture as Trump’s motorcade drove by.

Briskman told her bosses what happened after the photo went viral and was asked to leave her government contracting job or face termination. She sued and won her severance claim, but her wrongful-termination lawsuit was dismissed.   

Anti-Corruption Watchdog: Most Countries Ignore Anti-Foreign Bribery Laws  

A new report by Transparency International suggests foreign bribery is alive and well. 

The report, by the Berlin-based, anti-corruption watchdog, suggests little has changed in recent years in the way governments enforce their anti-bribery laws. Today, only seven major exporting countries actively crack down on companies that offer bribes to foreign officials in exchange for favorable business deals.

The United States is one of the seven countries, which together account for 27 percent of world exports, Transparency International said. The others are Germany, Israel, Italy, Norway, Switzerland and the United Kingdom. 

2016 a record year

Between 2014 and 2017, the United States launched at least 32 investigations, opened 13 cases and concluded 98 cases involving foreign bribery, according to the report. Enforcement activity surged in 2016, resulting in a record $2.5 billion in penalties levied by U.S. authorities. 

Among several high-profile foreign graft cases adjudicated in the United States, the report cited a case in which British aircraft engine maker Rolls-Royce payed law enforcement authorities in the United States, Britain and Brazil $800 million in 2017 to resolve allegations of bribing officials in at least a dozen countries over more than two decades

The report rated the performance of 44 major exporting countries, including 40 nations that have signed the Organization of Economic Cooperation and Development’s (OECD) Anti-Bribery Convention. The 1997 compact requires signatories to make it a crime for companies and individuals in their countries to bribe foreign officials. 

Transparency International’s last report on the topic, released in 2015, listed just four countries with active anti-foreign bribery law enforcement: Germany, Switzerland, Britain and the U.S.

But the elevation of Israel, Italy and Norway to the ranks of countries with vigorous anti-foreign bribery enforcement was offset by declining levels of enforcement in four other countries: Austria, Canada, Finland and South Korea. 

“Disappointingly, there has been little change in the overall enforcement level (taking the share of world exports into account) since the last report,” the report said. 

‘Limited’ enforcement

Of the 44 countries examined by Transparency International, four — Australia, Brazil, Portugal and Sweden  had “moderate” anti-foreign bribery law enforcement; 11 had “limited” enforcement, while 22, including Russia and China, had “little to no” enforcement. Argentina, Brazil and Chile were among countries that improved their enforcement. 

For the first time, Transparency rated the performance of China, Hong Kong, India and Singapore  all non-OECD countries that have not signed the organization’s anti-graft convention — and put them all in its lowest rung of enforcement. 

Concern about Chinese corporate bribery of foreign officials has heightened since Beijing rolled out its ambitious Belt and Road Initiative in 2013. But Transparency said there were no known foreign bribery cases or investigations brought by the Chinese government between 2014 and 2017. 

The watchdog said that China has recently “signaled” that it may focus more on foreign bribery enforcement, noting that Beijing and the World Bank held a symposium last year that focused, in part, on corruption risks associated with Belt and Road projects. 

‘Naive’ suggestion

To close the enforcement gap, Transparency recommended that all four sign the OECD convention.

Stuart Gilman, a former head of the United Nations global program against corruption, called the recommendation “naive.”

For China and Russia, “corruption and whatever way they can influence other governments is, in effect, part of their foreign policy,” Gilman said. “I think in my discussions with Chinese officials — not officially but reading between the lines — they see it as one among many tools to extend the influence of China around the world, from the Silk Road to Africa to other areas of the world.”

Democrats Announce Big Online Ad Play for US Midterms

Two major Democratic political groups on Wednesday announced a combined $21 million digital ad buy targeting Senate races in November, a sign the party is trying to learn from 2016, when Donald Trump’s Republican presidential campaign was far more aggressive online.

Priorities USA and Senate Majority PAC announced $18 million in joint spending in Arizona, Indiana, Florida, Missouri and North Dakota. Senate Majority PAC also tacked on an additional $3 million in ads targeting Montana, Nevada, Tennessee and West Virginia.

“For the last, really, six years, the Democrats have had their hats handed to them when it comes to digital,” Guy Cecil, the chairman of Priorities USA, which is exclusively funding digital ads and outreach this election cycle, said in an interview. “We needed to close the gap.”

The move comes as Democrats and Republicans are fighting furiously over control of the Senate, where the GOP has a 51-49 edge. Although almost all competitive seats are in states Trump won in 2016, Republicans are increasingly alarmed about the strength of Democratic candidates in states including Tennessee, Texas and Arizona.

GOP edge on Google

The size of the campaign is significant. According to Priorities USA, $7 million has been spent on advertising for Senate races on Google since May 31, with Republicans outspending Democrats 60-40. Facebook did not have comparable data. And through the end of August, Senate Majority PAC, one of the biggest Democratic financial organizations in the battle over control of the upper chamber, spent $37 million in ads on television and radio, according to the Center for Responsive Politics.

J.B. Poersch, president of Senate Majority PAC, said it’s important to maintain a mix of traditional television and radio ads along with digital. But for years, he said, “I don’t think we had digital at the adults’ table.”

The conventional wisdom in politics is that Democrats dominated in digital during much of the Obama years because they were more advanced in gathering online data and using it to target voters. But that changed in 2016, when the Trump campaign outspent Hillary Clinton’s Democratic campaign nearly 2-to-1 online, according to a Priorities USA presentation to donors obtained by The Associated Press. The outspending also stretched to various House races. Right-leaning groups, meanwhile, registered vastly more online domains through the beginning of 2017.

Since 2016, Democrats have increasingly focused on digital as a way to strike back against the GOP, with liberal Silicon Valley entrepreneurs holding trainings for Democratic campaigns and some liberal insurgent candidates, like Alexandria Ocasio-Cortez in New York City and Ayanna Pressley in Boston, winning recent primaries with minimal television ads and instead relying mostly on digital ones.

In-house agency

The GOP continues to invest in both digital and traditional advertising, but no Republican organization of comparable prominence to Priorities has announced an all-digital strategy. Priorities has even formed its own in-house digital ad agency to build spots for its campaigns, including a previously announced $12 million buy targeting House races.

Damon McCoy, a New York University professor who analyzed Facebook political ad spending data earlier this summer, said Democratic and Republican groups spend at comparable rates on the platform with one significant exception: Trump. The president’s own re-election campaign was the biggest political ad spender in the analysis that McCoy and other academics conducted.

Minus the president’s campaign, “spending is fairly split between liberal and conservative candidates and political organizations,” McCoy said. 

US Seeks to Impose Cost for Election Meddling

The United States is hoping to use the threat of calibrated sanctions to deter individuals, companies or countries from attempting to interfere with the midterm elections in November.

President Donald Trump signed an executive order Wednesday authorizing automatic sanctions against actors or entities assessed to have meddled with elections, whether by attacking America’s election infrastructure or through the use of propaganda and disinformation campaigns.

“It’s a further effort, among several that the administration has made, to protect the United States against foreign interference in our elections and really our political process more broadly,” National Security Adviser John Bolton said Wednesday while briefing reporters.

“We felt it was important to demonstrate the president has taken command of this issue, that it’s something he cares deeply about,” Bolton added. “This order, I think, is a further demonstration of that.”

Russian meddling attempts

There have been ongoing concerns about possible attempts by Russia to meddle with the upcoming November vote as a follow-up to what intelligence officials have assessed to be a fairly successful effort to meddle with the 2016 U.S. presidential election.

But Bolton and Director of National Intelligence Dan Coats said the new executive order is not country specific, citing evidence that China, Iran and North Korea may also be working to influence the midterm election in November.

“We see attempts,” Coats told reporters Wednesday, repeating previous assertions that the U.S. intelligence community has yet to see “the intensity of what happened back in 2016.”

“In terms of what the influence is and will be, we continue to analyze all that,” Coats added. “This is an ongoing effort here, and it has been for a significant amount of time, and will continue on a, literally, 24-hour-a-day basis until the election.”

The new executive order gives U.S. intelligence agencies 45 days after an election to report any efforts to meddle with the outcome.

The U.S. attorney general and the Department of Homeland Security will then have 45 days to review those findings. If they agree with the assessment, it would trigger automatic sanctions.

Those sanctions could include blocking access to property and interests, restricting access to the U.S. financial system, prohibiting investment in companies found to be involved, and even prohibiting individuals from entering the U.S.

Additionally, the order authorizes the State Department and the Treasury Department to impose further sanctions, if deemed necessary.

Bolton denied that recent criticism of Trump, and his interactions with President Vladimir Putin during their summit in Helsinki, played any role in issuing the executive order. In Helsinki, Trump told reporters he accepted Putin’s denial of Russian meddling in the 2016 election over the U.S. intelligence community’s assessment and later tried to clarify his statement in a tweet affirming support for the intelligence community.

“The president has said repeatedly that he is determined that there not be foreign interference in our political process,” Bolton said. “Today he signed this executive order, so I think his actions speak for themselves.”

Additional measures possible

Still, Bolton left open the possibility that the White House could work with U.S. lawmakers on additional measures.

Already, members of Congress have introduced various pieces of legislation aimed at setting out stiff penalties for Russia and other countries who seek to meddle with the U.S. electoral process.

And some lawmakers said Wednesday the Trump administration’s latest effort does not go far enough.

“An executive order that inevitably leaves the president broad discretion to decide whether to impose tough sanctions against those who attack our democracy is insufficient,” Mark Warner, the Democratic ranking member of the Senate Intelligence Committee, said in a statement.

“If we are going to actually deter Russia and others from interfering in our elections in the future, we need to spell out strong, clear consequences, without ambiguity,” Warner added.

Republican Senator Marco Rubio said that while the order is a step in the right direction, it is not enough.

“The @WhiteHouse & @POTUS deserve credit for taking this action. They did as much as they could do with an executive order but are limited from going further without legislation,” he tweeted.

Both Democratic and Republican lawmakers have been critical of Trump for failing to fully enact a sanctions law that they passed over a year ago, even though the U.S. Treasury Department did impose major sanctions against 24 Russians as a result.

But Senate Intelligence Committee Chairman Republican Richard Burr expressed hope late Wednesday the new executive order will “send a clear message” to Russia, Iran and others.

“[The executive order] strengthens our ability to quickly and appropriately hold responsible anyone who interferes in our elections,” Burr said in a statement.

Updated Apple System Takes on Smartphone Addiction

Apple’s polished iPhone line-up comes with tools to help users dial back their smartphone obsessions, amid growing concerns over “addiction” and harmful effects on children.

An iOS 12 mobile operating system that will power new iPhones unveiled on Wednesday, and be pushed out as an update to prior models, has new features to reduce how much they distract people from the real world.

Apple senior vice president of software engineering Craig Federighi said of iOS 12 at a developers conference earlier this year the new system offers “detailed information and tools” to help users and parents keep tabs on device use.

A new “Screen Time” tool generates activity reports showing how often people pick up their iPhones or iPads, how long they spend in apps or at websites, and numbers of notifications received.

Users will be able to set limits on time spent in apps. Parents will be able to get activity reports from their children’s iPhones or iPads, and impose time limits on apps from games and news to social media and messaging.

The operating system will also allow people to designate “down time” when iPhones or iPads can’t be used — perhaps a child’s bedtime or a grown-up’s meditation hour.

Activist investor Jana Partners and the California State Teachers’ Retirement System (CalSTRS), which both have stakes in Apple, early this year called on the company to give parents more tools to ensure children are using its devices in ways that aren’t hurting them.

The investors reasoned that doing so would pose no threat to Apple, because the company makes the bulk of its money selling devices, not from how much people use them.

Apple has been working to ramp up revenue from services and digital content such as music and movies, but most of the cash it takes in comes from iPhone sales.

The letter cited a growing body of evidence that excessive smartphone use may be having negative consequences on young people.

A study of teachers found the vast majority felt smartphones were a growing distraction at schools, eroding the ability of students to focus in class and a seeming cause of social and emotional difficulties.

Apple Unveils Larger iPhones, Health-Oriented Watches

Apple Inc unveiled larger iPhones and watches based on the design of current models on Wednesday, confirming Wall Street expectations that the company is making only minor changes to its lineup.

The world’s most valuable tech company wants users to upgrade to newer, more expensive devices as a way to boost revenue as global demand for smartphones levels off. The strategy has helped Apple become the first publicly-traded U.S. company to hit a market value of more than $1 trillion earlier this year.

Its shares were down 1.2 percent on Nasdaq. Apple uses the ‘S’ suffix when it upgrades components but leaves the exterior design of a phone the same. Last year’s iPhone X — pronounced “ten” — represented a major redesign.

The new phones are the XS, with a 5.8-inch (14.7-cm) screen, the larger XS Max, with a 6.5-inch (16.5-cm) screen, and a 6.1-inch iPhone Xr made of aluminum, with an edge-to-edge liquid retina display.

Apple, which is looking for ways to lessen reliance on phones for revenue, opened its event by announcing the new Apple Watch Series 4 range with edge-to-edge displays, like its latest phones, which are more than 30 percent bigger than displays on current models.

It is positioning the new watch as a more comprehensive health device, able to detect an irregular heartbeat and start an emergency call automatically if it detects a user falling down, potentially appealing to older customers. It said it had approval for the device from the U.S. Food and Drug Administration.

The FDA said it worked with Apple to develop apps for the Apple Watch. The agency said it has been taking steps to ease the regulatory pathway for companies seeking to create digital healthcare products.

Shares of fitness device rival Fitbit Inc fell about 3.7 percent after the Series 4 announcement. Shares of Garmin Ltd lost some earlier gains and were flat in midday New York trade.

Executives made the announcement at the Steve Jobs Theater at Apple’s new circular headquarters in Cupertino, California, named after the company’s co-founder who wowed the world with the first iPhone in 2007.

“There’s no real game-changer on the table,” said Hal Eddins, chief economist at Apple shareholder Capital Investment Counsel. “It’s a matter of getting people to keep moving up.”

The company is also expected to unveil a new version of its wireless AirPods earbuds with wireless charging and a wireless mat that will be able to charge several devices at once.

Crashing Turkish Lira in the Balance Before Central Bank Meeting

The Turkish central bank is facing growing pressure to decisively hike interest rates at a meeting Thursday to defend an ailing currency and rein in double-digit inflation.  But concerns remain over President Recep Tayyip Erdogan’s grip on monetary policy.

The Turkish lira has fallen more than 40 percent, much of it in the past few weeks, fueling rampant inflation.  

”Just to keep up with the acceleration of inflation the central bank needs to hike by more than 400 basis points,” said chief economist Inan Demir of Nomura International, “This is only to keep up with the acceleration in inflation, since last formal hike.  If we consider the prospect of a further acceleration inflation outlook, perhaps more is needed [interest rate hikes],” he added.

Demir says what has accelerated heavy lira falls are investor concerns the central bank can’t act decisively because of Erdogan, who has sweeping executive powers.  He has repeatedly voiced opposition to high-interest rates, which he claims “enslaves poor people.”

In a statement, this month the central bank declared it was ready to alter monetary policy to rein in inflation.  Financial markets interpreted the comment as the bank preparing to hike rates aggressively.  “The statement suggests we will see some action,” Demir said, “but I am not very confident the policy response will be as large as the markets need.”

This week, Finance Minister Berat Albayrak sought to talk up the Turkish economy, claiming the financial system was already “correcting itself.”  

Albayrak is the president’s son in law and widely seen as having the inside track with  Erdogan.  Some analysts suggest Albayrak’s positive statements may be seeking to play down the need for a significant increase in interest rate.

Misjudging international investors expectations could be costly.  “There will be massive sell off to the point of a panic if they don’t raise rates enough,” said political analyst Atilla Yesilada of Global Source Partners, “the sky’s limit, there is no way to make a rational forecast on the exchange rate, because we really don’t know when it stops,” he added.

Analysts warn a further decline in the lira risks undermining the Turkish public’s faith in the currency will lead them to convert their savings into dollars, adding pressure to the currency and risking the economy falling into a vicious cycle.

“Lira weakness feeds into inflation,” Demir said, “insufficient action by the central bank leads to deposit dollarization, which feeds into lira weakness, and that feeds into inflation again.”

 

“Past experiences in Turkey show, a sharp slow down of the economy followed after sharp depreciation,” Demir said, “the GDP [Gross Domestic Product – the size of the economy] growth rate [has] dropped off by 11 to 13 percent, that is the big risk we are looking at for Turkey.”

International banks are forecasting the Turkish economy heading into recession next year.  The timing for Erdogan could not be worse.  In March, Turkey holds critical local elections for the country’s biggest cities, one of the few places where opposition parties still have the opportunity to exercise power.  Erdogan has made it a priority to win the March polls.

Erdogan is likely to be aware, with many of Turkey’s big companies heavily indebted, a further hike in interest rates also risks driving the economy further into recession.

 

But interest rate hikes on their own may not be enough to address investor concerns and restore stability to the currency.  “A package of reforms is needed,” Demir said.

The World Bank has warned Turkey to rein in massive state building projects it says are overheating the economy and stoking inflation. Investors are also calling for the central bank to be independent and free of political interference.  Analysts say Ankara will also need to repair relations with Washington.

August’s crash in the lira was triggered by the imposition of Turkish sanctions by U.S. President Donald Trump over the detention of American Pastor Andrew Brunson, who is on trial for terrorism charges that Washington claims are politically motivated.

“To stop inflation they [Turkish central bank] will need at least 500 basis points or possibly like Argentina 1,000 basis points interest rate hike,” analyst Yesilada said.

“But is the problem [currency weakness] lack of confidence in running the economy or Father Brunson,” he added.  “If it’s Brunson then raising rates will hurt the economy, but not do much to stabilize the currency.  So maybe it’s better to wait until Mr. Erdogan decides to end this crisis with the United States.”

For now, Erdogan appears to be ready to tough it out, insisting Brunson should stand trial and that lira weakness is part of an international conspiracy against Turkey.

S. Korea Jobless Rate Hits Highest Since Global Financial Crisis

South Korea’s unemployment rate hit an eight-year high in August as mandatory minimum wages rose, adding to economic policy frustrations and political challenges for President Moon Jae-in whose approval rating is now at its lowest since inauguration.

The unemployment rate rose to 4.2 percent in August from 3.8 percent in July in seasonally adjusted terms as the number of unemployed rose by 134,000 people from a year earlier.

This was the labor market’s worst performance since January 2010, when the economy was still reeling from the global financial crisis, when 10,000 jobs were lost.

Finance Minister Kim Dong-yeon said on Wednesday the government will need to adjust its wage policies, signaling some future soft-pedaling in the drive to raise minimum wages.

“(The government) will discuss slowing the speed of minimum wage hikes with the ruling party and the presidential office,” Kim Dong-yeon told a policy meeting in Seoul, adding he did not expect a short-term recovery in the job market.

Experts say the uproar over jobs could also cost Moon considerable political capital as he pursues closer ties with Pyongyang, as any good news from an inter-Korean summit may not be enough to offset public discontent over the lack of jobs and soaring housing prices.

More than 60 percent of respondents in a Gallup Korea survey criticized Moon’s handling of the economy, including his ‘inability to improve the livelihoods of ordinary citizens’ and ‘minimum wage increases.’

The jobs report showed the labor-intensive retail and accommodation sector, which lost 202,000 jobs in August from a year earlier, was the hardest hit.

A total 105,000 jobs were lost from manufacturing industries, the report said.

However, the agriculture, construction and transport sectors saw a rise in the number of employed, partly offsetting the rise in the number of workers laid off.

The overall number of employed people rose by just 3,000 – also the worst since January 2010.

Each month’s worsening jobs report has sparked a strong public backlash, with President Moon Jae-in’s approval rating falling below 50 percent for the first time on Sept. 7.

A weekly Gallup Korea survey released on Friday showed Moon’s support fell 4 percentage points to 49 percent, the lowest since he took office in May 2017.

“At this rate, we may not see any gains in the number of employed in September or the month after that,” said Oh Suk-tae, an economist at Societe Generale.

Oh said economists at the Korea Development Institute, a state-run think tank, believed this year’s 16 percent increase in the minimum wage – the biggest jump in nearly two decades – was discouraging employers from hiring.

“The president should be held responsible for this, nothing could change the trend unless the boss changes his mind about minimum wage hikes,” Oh said.

The workforce participation rate declined slightly to 63.4 percent from 63.6 percent in July, as more jobs were lost than created, Statistics Korea data showed.

 

Internet Group Backs ‘National’ Data Privacy Approach

A group representing major internet companies including Facebook, Amazon.com and Alphabet said on Tuesday it backed modernizing U.S. data privacy rules but wants a national approach that would preempt California’s new regulations that take effect in 2020.

The Internet Association, a group representing more than 40 major internet and technology firms including Netflix, Microsoft and Twitter, said “internet companies support an economy-wide, national approach to regulation that protects the privacy of all Americans.”

The group said it backed principles that would ensure consumers should have “meaningful controls over how personal information they provide” is used and should be able to know who it is being shared with.

Consumers should also be able to seek deletion of data or request corrections or take personal information to another company that provides similar services and have reasonable access to the personal information they provide, it said.

The group also told policymakers they should give companies flexibility in notifying individuals, set a “performance standard” on privacy and data security protections that avoids a prescriptive approach and set national data breach notification rules.

Michael Beckerman, president and chief executive officer of the Internet Association, said in an interview the proposals were “very forward looking and very aggressive” and would push to ensure the new rules apply “economy wide.”

He said the group “would be very active working with both the administration and Congress on putting pen to paper.”

The Internet Association wants new rules to be technology and sector neutral, which would mean any new privacy protections would cover anything from how grocery stores or other physical retailers use consumer data to car rental, airlines or credit card firms as well as internet service providers.

The White House said in July it was working to develop consumer data privacy policies and officials had been meeting major firms as it looked to eventually seeing the policies enshrined in legislation.

Data privacy has become an increasingly important issue, fueled by massive breaches that have compromised the personal information of millions of U.S. internet and social media users.

California Governor Jerry Brown signed data privacy legislation in June aimed at giving consumers more control over how companies collect and manage their personal information, although it was not as stringent as Europe’s new rules.

Beckerman said “we definitely want to get this in place prior to California because California got it wrong.”

The U.S. Chamber of Commerce also unveiled privacy principles last week that aim to reverse California’s new rules.

Under the law, large companies would be required from 2020 to let consumers view the data they have collected on them, request deletion of data, and opt out of having the data sold to third parties.

Many privacy advocates have called for robust new U.S. data protections.

Laura Moy, deputy director at Georgetown Law’s Center on Privacy & Technology, told Congress in July that lawmakers should not overturn new state privacy rules and federal agencies “must be given more powerful regulatory tools and stronger enforcement authority” and more resources.

The European Union General Data Protection Regulation took effect in May, replacing the bloc’s patchwork of rules dating back to 1995.

Water Shortages to Cut Iraq’s Irrigated Wheat Area by Half

In Iraq, a major Middle East grain buyer, will cut the irrigated area it plants with wheat by half in the 2018-2019 growing season as water shortages grip the country, a government official told Reuters.

Drought and dwindling river flows have already forced Iraq to ban farmers from planting rice and other water-intensive summer crops. Water scarcity was one of the issues galvanizing street protests in the country this year.

An investigation by Reuters in July revealed how Nineveh, Iraq’s former breadbasket, was becoming a dust bowl after drought and years of war.

This latest move is likely to significantly raise wheat imports.

Deputy Agriculture Minister Mahdi al-Qaisi said irrigated land grown with winter grains, namely wheat and barley, would be halved.

“The shortage of water resources, climate change and drought are the main reasons behind this decision, our expectation is the area will shrink to half,” Qaisi said in an interview.

Iraq’s agricultural plan included 1.6 million hectares of wheat last 2017-2018 season. Of those, around one million hectares were irrigated and the rest relied on rainfall.

“We expect that the irrigated wheat area falls to half of what it was last year,” Qaisi said, implying plantings of 500,000 hectares.

The cut is expected to lower the country’s wheat production by at least 20 percent, implying a significantly higher import bill Fadel al-Zubi, the U.N. Food and Agriculture Organization Iraq Representative said.

Iraq already has an import gap of more than one million tonnes per year, with annual demand at around 4.5 million to 5 million tons.

“Imports will go up as a result of cutting down on production and also as a result of population increase,” Zubi said but he declined to give an exact estimate for size of imports next year.

Haidar al-Abbadi, the head of Iraq’s General Union of Farmers, confirmed the cut saying water shortage was the main reason behind it.

“Irrigated wheat will reach 2 million donhums (500,000 hectares) down from around 4 million last season,” he said.

Qaisi said it was too early to tell the area of land that could be grown with wheat relying on rainfall this season but he hoped it would make up for some of the shortfall.

“We will follow a few programs to increase the crop, like raising yields and bringing Nineveh province back to more production … that can partly make up for shortfall,” he said.

But the rains failed Iraq’s Nineveh last season with the government procuring a little over 100,000 tonnes of wheat this year from a region that used to produce close to one million tons annually before Islamic State took over in 2014.

Iraq imports wheat to supply a rationing program created in 1991 to combat U.N. economic sanctions, including flour, cooking oil, rice, sugar and baby milk formula.

The trade ministry is responsible for procuring strategic commodities, including wheat, for the program.

Trade ministry officials were not immediately available for comment on a potential rise in imports.

Jimmy Carter: To Beat Trump, Democrats Cannot Scare Off Moderates

Former President Jimmy Carter sees little hope for the U.S. to change its human rights and environmental policies as long as Donald Trump is in the White House, but he has a warning for his fellow Democrats looking to oust the current administration: Don’t go too far to the left.

 

“Independents need to know they can invest their vote in the Democratic Party,” Carter said Tuesday during his annual report at his post-presidential center and library in Atlanta, where he offered caution about the political consequences should Democrats “move to a very liberal program, like universal health care.”

 

That’s delicate — and, Carter admitted, even contradictory — advice coming from the 93-year-old former president, and it underscores the complicated political calculations for Democrats as they prepare for the November midterms and look ahead to the 2020 presidential election.

 

“Rosie and I voted for Bernie Sanders in the past,” Carter noted.

 

He was referring to his wife, Rosalynn, and their support for the Vermont senator, an independent who identifies as a democratic socialist, over establishment favorite Hillary Clinton in the 2016 Democratic presidential primary. At another point, he pointed to California’s environmental policies — limits on carbon emissions, stiffer fuel-efficiency standards — as the model for combating climate change.

 

Still, Carter stressed, Democrats nationally must “appeal to independents” who are souring on the current administration.

 

Trump’s job approval rating, according to Gallup, has dipped to 40 percent, mostly because of declining support among independents.

 

Carter alluded to arguments from self-identified progressives that Democrats will sacrifice votes on the left if they don’t embrace the liberal base: “I don’t think any Democrat is going to vote against a Democratic nominee,” and he insisted that he’s not asking the left to sacrifice its goals, only to see that winning elections is necessary to accomplish any of them.

 

There is some historical irony in Carter’s analysis. He came to the White House in 1976 from the moderate wing of the Democratic Party, and he clashed with party liberals, drawing a spirited primary challenge in 1980 from Massachusetts Sen. Ted Kennedy. Carter prevailed, but he was wounded, abandoned by Kennedy’s most liberal supporters and unable to win over independents who helped deliver a landslide for Republican Ronald Reagan.

Carter’s latest handicapping comes near the conclusion of a midterm primary season that has seen Democratic primary voters move the party to the left.

 

In some states and districts, that means nominating full-throated advocates of single-payer health care, a $15 minimum wage and abolishing or at least overhauling the federal Immigration and Customs Enforcement agency. In other races, it means nominees who back more cautious moves to the left, such as background checks before certain gun purchases, a “public option” health insurance plan to compete alongside private insurance policies, step raises for the minimum wage and an immigration overhaul that offers legal status to some immigrants in the country illegally.

 

Carter did not delve into those distinctions, instead offering a sweeping condemnation of his latest successor to remind Democrats of the stakes.

 

He denounced the administration’s latest environmental policy proposal to make it easier for energy companies to release methane gas that contributes to climate change. He singled out Trump’s policy of separating immigrant families at the border, including those seeking asylum.

 

“America is inherently committed to human rights, and I think in the future we will let that prevail,” Carter said, “but for the next two years, I can’t predict the imprisoned children are going to be any better off — unfortunately.”

Carter has previously criticized Trump for his repeated falsehoods, and he’s chided Trump for his hardline support for Israel over Palestinians. Yet Carter has found common ground with Trump on other foreign policy fronts, and did so again Tuesday.

 

While avoiding any mention of the special counsel’s investigation into whether Trump’s presidential campaign coordinated with Russia in the 2016 U.S. election, Carter said he has engaged for years with Russian President Vladimir Putin concerning the ongoing Syrian civil war.

 

“I have his email address,” Carter said, adding that he and Putin share the same Russian river as their favorite spot for salmon fishing. That friendship, Carter said, means when Russia and other nations hold multilateral talks about the Syrian conflict, “Quite often they invite the Carter Center. … They do not invite the U.S. government.”

 

Carter also praised Trump for meeting with North Korean leader Kim Jong Un. Carter repeated his frustrations with the last Democratic president, Barack Obama, for not engaging more directly with the insular Asian nation. Carter said he’s not sure Trump has made real progress yet with North Korea, but he endorsed calls for the U.S. to formally declare an end to the Korean War and normalize relations with Pyongyang.

 

“Let them be part of the community of nations,” he said. “I think that would be enough in itself to bring an end to the nuclear program in North Korea.”

In Posh Bangkok Neighborhood, Residents Trade Energy with Blockchain

Residents in a Bangkok neighborhood are trying out a renewable energy trading platform that allows them to buy and sell electricity between themselves, signaling the growing popularity of such systems as solar panels get cheaper.

The pilot project in the center of Thailand’s capital is among the world’s largest peer-to-peer renewable energy trading platforms using blockchain, according to the firms involved.

The system has a total generating capacity of 635 KW that can be traded via Bangkok city’s electricity grid between a mall, a school, a dental hospital and an apartment complex.

Commercial operations will begin next month, said David Martin, managing director of Power Ledger, an Australian firm that develops technology for the energy industry and is a partner in the project.

“By enabling trade in renewable energy, the community meets its own energy demands, leading to lower bills for buyers, better prices for sellers, and a smaller carbon footprint for all,” he said.

“It will encourage more consumers to make the switch to renewable energy, as the cost can be offset by selling excess energy to neighbors,” he told the Thomson Reuters Foundation.

Neighborhoods from New York to Melbourne are upending the way power is produced and sold, with solar panels, mini grids and smart meters that can measure when energy is consumed rather than overall consumption.

The World Energy Council predicts that such decentralized energy will grow to about a fourth of the market in 2025 from 5 percent today.

Helping it along is blockchain, the distributed ledger technology that underpins bitcoin currency, which offers a transparent way to handle complex transactions between users, producers, and even traders and utilities.

Blockchain also saves individuals the drudgery of switching between sending power and receiving it, said Martin.

For the pilot in Bangkok’s upmarket Sukhumvit neighborhood, electricity generated by each of the four locations will be initially used within that building. Excess energy can be sold to the others through the trading system.

If there is a surplus from all four, it will be sold to the local energy storage system, and to the grid in the future, said Gloyta Nathalang, a spokeswoman for Thai renewable energy firm BCPG, which installed the meters and solar panels.

Thailand is Southeast Asia’s leading developer of renewable energy, and aims to have it account for 30 percent of final energy consumption by 2036.

The energy ministry has encouraged community renewable energy projects to reduce fossil fuel usage, and the regulator is drafting new rules to permit the trade of energy.

The Bangkok Metropolitan Electricity Authority forecasts “peer-to-peer energy trading to become mainstream for power generation in the long run,” a spokesman told reporters.

BCPG, in partnership with the Thai real estate developer Sansiri, plans to roll out similar energy trading systems with solar panels and blockchain for a total capacity of 2 MW by 2021, said Gloyta.

“There are opportunities everywhere – not just in cities, but also in islands and remote areas where electricity supply is a challenge,” she said.

Trump ‘Ready as Anybody Has Ever Been’ for Hurricane Florence

President Donald Trump said Tuesday that the White House was “as ready as anybody has ever been” as a killer hurricane moved closer to making a direct hit on the southeastern U.S. coast.

Hurricane Florence, an extremely dangerous Category 4 storm, was producing top sustained winds of 220 kilometers per hour (137 mph).  Forecasters said they expected the storm to be at least that strong when it slams into the Carolinas late Thursday or early Friday.

There was a chance Florence could shift to the north, putting Virginia, Maryland, Delaware and Washington, D.C., in its direct path.

“Any amount of money, whatever it takes, we’re going to do it,” Trump said, as he talked about relief efforts with federal disaster officials.

The president signed declarations of emergency Tuesday for the Carolinas and Virginia, a move that freed up federal money and resources. And he had advice for coastal residents.

“I would say everybody should get out. It’s going to be really, really bad along the coast,” Trump said.

As of late Tuesday afternoon, more than 1 million people along the coasts of North and South Carolina and southern Virginia had fled. Gas stations were running out of fuel. Those who were defying mandatory evacuation orders were leaving store shelves bare of emergency supplies.

North Carolina Gov. Roy Cooper had a direct message for residents who had  decided to stay put.

“This storm is a monster. It’s big, and it’s vicious,” he said. “The waves and wind this storm may bring are nothing like you’ve ever seen. Even if you’ve ridden out storms before, this one is different. Don’t bet your life on riding out a monster.”

Experts said this could be the strongest storm to hit the Carolina coast in more than 60 years.

Forecasters were particularly concerned that Florence was expected to be a slow-moving storm that could linger along the coast and inland for days, dumping massive amounts of rain on parts of the U.S. already saturated. 

As much as 114 centimeters (45 inches) of rain was expected to fall on parts of North Carolina. The soaked ground and fierce winds could bring down trees and power lines and knock out electricity for weeks.

Parts of the southeastern coast that were not under hurricane warnings were under tropical storm or storm surge warnings, meaning life-threatening floods were possible.

Numbers Still Favor Kavanaugh’s Confirmation to Supreme Court

U.S. Supreme Court nominee Brett Kavanaugh’s marathon testimony before the Senate Judiciary Committee last week does not appear to have changed the basic math that continues to favor the eventual confirmation of President Donald Trump’s pick for the country’s highest court.

All but two of 51 Republican senators either have announced their backing for Kavanaugh or are widely expected to do so in the coming days or weeks. Kavanaugh’s testimony did not appear to have cost him any support among Republicans, nor has it prodded two moderates in the caucus to declare how they will vote.

“I look forward to voting for him,” Tennessee Republican Lamar Alexander said in a statement late last week. “Judge Kavanaugh kept his cool this week and demonstrated the qualities that I look for in a judge or a Supreme Court justice — good character, good temperament, high intelligence and respect for the law.”

The vote tally also looks static among Senate Democrats, who number 49 in the chamber, including two independents who caucus with them.

Recent days have seen a flurry of Democrats formally announcing their opposition to Kavanaugh, from Maggie Hassan of New Hampshire to Virginia’s Mark Warner.

“I’ll be voting no on Judge Kavanaugh,” Warner wrote on Twitter early Tuesday, and then he explained why in further tweets, which began:

But the announcements came from Democrats who signaled skepticism about Kavanaugh when Trump nominated him in July and had been widely assumed to be “no” votes from the start.

Judiciary Committee Democrats repeatedly pressed Kavanaugh on abortion rights, gay rights, health care, executive authority and the ongoing Russia probe last week, but the often-contentious exchanges did not spur a critical group of centrist Democrats to commit to voting for or against the nominee.

Neither Indiana’s Joe Donnelly, Claire McCaskill of Missouri, Joe Manchin of West Virginia, North Dakota’s Heidi Heitkamp nor Florida’s Bill Nelson posted any statements or tweets about the high court nominee during the confirmation hearings or in the days since.

All are running for re-election in states Trump won in 2016 and are caught between pressure from within their party to oppose Kavanaugh and a desire not to anger and mobilize conservative voters in their home states ahead of the November elections. Donnelly, Manchin and Heitkamp voted to confirm the president’s first Supreme Court pick, Neil Gorsuch, last year.

Even if all Democrats voted against Kavanaugh, two Republicans would have to join them to defeat the nomination, now that the Republican caucus is at full strength, with Jon Kyl filling the seat of John McCain of Arizona, who died last month.

Susan Collins of Maine and Alaska’s Lisa Murkowski back abortion rights, which could be threatened if a socially conservative five-seat majority were cemented on the Supreme Court. Both Collins and Murkowski voted to confirm Gorsuch but have given noncommittal statements about Kavanaugh.

Last year, the majority Republicans changed Senate rules to require only a simple majority, 51 votes in the 100-member chamber, to confirm a Supreme Court nominee. In the event of a 50-50 split, Vice President Mike Pence would cast the deciding vote.