News: Economy

  • 'He'd do it again': Former Obama official says Trump must be impeached
    December 6, 2019

    'He'd do it again': Former Obama official says Trump must be impeachedFormer acting Solicitor General Neal Katyal, the author of the new bestseller ???Impeach: The Case Against Donald Trump,??? believes the GOP notion that Congress can responsibly let voters decide if President Trump???s conduct is impeachable at the ballot box ???makes no sense.???


  • Nikki Haley claims Dylann Roof 'hijacked' the 'heritage' of the Confederate flag in church massacre
    December 6, 2019

    Nikki Haley claims Dylann Roof 'hijacked' the 'heritage' of the Confederate flag in church massacreNikki Haley, the former U.S. ambassador to the United Nations, said that white supremacist Dylann Roof ???hijacked??? the Confederate flag by carrying out a mass killing of African-Americans in a Charleston, S.C., church in 2015.


  • Indian border officials on lookout for fugitive cosmic guru
    December 7, 2019

    Indian border officials on lookout for fugitive cosmic guruIndian border officials and embassies have issued an alert for a fugitive guru accused of rape, the government said, days after the holy man announced the creation of his own "cosmic" country. Swami Nithyananda -- one of many self-styled Indian "godmen" with thousands of followers and a chequered past -- is wanted by police for alleged rape, sexual abuse, and abduction of children. Earlier this week, he announced online that he has created his own new country -- reportedly off Ecuador's coast -- complete with cabinet, golden passports, and even a department of homeland security.


  • GOP Rep. pitches LGBTQ rights bill with religious exemptions
    December 6, 2019

    GOP Rep. pitches LGBTQ rights bill with religious exemptionsAs Democrats champion anti-discrimination protections for the LGBTQ community and Republicans counter with worries about safeguarding religious freedom, one congressional Republican is offering a proposal on Friday that aims to achieve both goals. The bill that Utah GOP Rep. Chris Stewart plans to unveil would shield LGBTQ individuals from discrimination in employment, housing, education, and other public services ??? while also carving out exemptions for religious organizations to act based on beliefs that may exclude those of different sexual orientations or gender identities. Stewart???s bill counts support from the Church of Jesus Christ of Latter-day Saints and the Seventh-day Adventist Church, but it has yet to win a backer among House Democrats who unanimously supported a more expansive LGBTQ rights measure in May.


  • Reddit has said that Russia likely posted leaked UK trade documents as part of a vast covert influence campaign
    December 7, 2019

    Reddit has said that Russia likely posted leaked UK trade documents as part of a vast covert influence campaignThe documents were cited by the UK opposition leader Jeremy Corbyn to attack Prime Minister Boris Johnson over a planned US trade deal.


  • A bride was angry her African American friend didn't want to attend her wedding at a plantation, and people think she's in the wrong
    December 5, 2019

    A bride was angry her African American friend didn't want to attend her wedding at a plantation, and people think she's in the wrongA woman was criticized for how she reacted to her bridesmaid's decision to drop out of her plantation wedding, as she wrote in a since-deleted Reddit post.


  • 'This is mercy, not justice': Las Vegas shooting victims to split $800M. But how much is pain worth?
    December 6, 2019

    'This is mercy, not justice': Las Vegas shooting victims to split $800M. But how much is pain worth?Two judges will huddle with lawyers for Las Vegas shooting victims to distribute an $800 million MGM settlement, but experts say disappointment looms.


  • China Is Building Its Very Own Stealth Bombers: Meet the H-20 and JH-XX
    December 7, 2019

    China Is Building Its Very Own Stealth Bombers: Meet the H-20 and JH-XXMeet the H-20 and JH-XX


  • Virginia Commission Calls for Repeal of ???Explicitly Racist??? and ???Segregationist??? Laws
    December 5, 2019

    Virginia Commission Calls for Repeal of ???Explicitly Racist??? and ???Segregationist??? LawsA Virginia state commission released a report Thursday calling for the official repeal of ???deeply troubling??? state laws still on the books that contain ???explicitly racist language and segregationist policies.???The Commission to Examine Racial Inequity in Virginia Law published a lengthy report??saying that the outdated laws should??not?????remain enshrined in law??? despite no longer being in effect.???The commission believes that such vestiges of Virginia???s segregationist past should no longer have official status,??? the report states.??"The devastating long-term social, economic, and political impact of legalized segregation in Virginia continues to plague people of color today."While many of the laws the commission cited have been nullified by courts, such as the ban on interracial marriage in the ???Act to Preserve Racial Integrity,??? the commission warned that they could become relevant again with another court ruling.???Notwithstanding any other provision of law, no child shall be required to enroll in or attend any school wherein both white and colored children are enrolled,??? a??1956 law continues to read.Democratic governor Ralph Northam spearheaded the commission in June to identify state laws that ???were intended to or could have the effect of promoting or enabling racial discrimination or inequity.??? The governor said he would focus on promoting racial equality for the rest of his term after weathering a scandal earlier this year over a racist yearbook photo depicting one person in blackface and another in a KKK outfit.Northam pledged in a statement Thursday to repeal all racially discriminatory language in Virginia law.???If we are going to move forward as a Commonwealth, we must take an honest look at our past,?????the governor said.?????We know that racial discrimination is rooted in many of the laws that have governed our Commonwealth???today represents an important step towards building a more equal, just, and inclusive Virginia.???


  • U.S. Supreme Court rejects Trump bid to resume federal executions
    December 6, 2019

    U.S. Supreme Court rejects Trump bid to resume federal executionsThe U.S. Supreme Court on Friday rejected a request by President Donald Trump's administration to proceed with plans to carry out the first executions of federal death row inmates since 2003. The justices left in place a hold imposed by a federal judge on four executions that had been scheduled by U.S. Attorney General William Barr for this month and next month as Trump's administration embraces the death penalty at a time when increasing numbers of states have given up the practice.


  • Giuliani Is in Kyiv; Ukrainian Officials Are Steering Clear
    December 6, 2019

    Giuliani Is in Kyiv; Ukrainian Officials Are Steering Clear(Bloomberg) -- Rudy Giuliani, whose work in Ukraine is at the heart of U.S. impeachment proceedings, is back in the country -- and officials in Kyiv appear to be keeping their distance.People with knowledge of his trip say Giuliani flew into Kyiv from Budapest on Wednesday, the same day that U.S. hearings stemming from his shadow diplomacy in Ukraine kicked over to the House Judiciary Committee. Social media postings show him meeting with current and previous Ukrainian political figures as part of a cable news documentary series that???s critical of the impeachment inquiry.But President Volodymyr Zelenskiy of Ukraine won???t be meeting with him, according to the president???s spokeswoman. Igor Kolomoisky, a Ukrainian billionaire who had ties to Zelenskiy, also said he wasn???t planning to meet Giuliani. Zelenskiy???s predecessor, Petro Poroshenko, met Giuliani twice in Kyiv in 2017; through a spokesman, he, too, said he had no plans to see Giuliani during his trip.Andriy Yermak, a key aide to Zelenskiy who figured prominently in the House???s impeachment report, was in London for a conference on Ukraine. He also said he wasn???t meeting Giuliani. ???How can I? I???m in London,??? he said.Giuliani has been accompanied in Kyiv by Andriy Telizhenko, a Ukrainian who worked at the Ukrainian Embassy in Washington in 2016 and is the source of unsubstantiated allegations that his country interfered with the 2016 U.S. election.Telizhenko, who featured in the first episode of the documentary series on the One America News Network, declined to comment on the meetings, citing security issues.Others who have figured prominently in Giuliani???s Ukraine overtures in the past year -- former prosecutors Viktor Shokin and Kostyantyn Kulyk -- didn???t respond to requests for comment on whether they would be meeting Giuliani. In a Facebook post, Telizhenko said Giuliani would meet with Shokin and with former Ukraine prosecutor general Yuri Lutsenko on Friday.Giuliani???s decision to descend on Kyiv to meet with some key people in the impeachment saga comes after months of public testimony in Washington about his back-channeling in Ukraine. Journalists in Kyiv clambered to learn where he was holding meetings. A group of reporters rushed to the Fairmont Grand Hotel, which declined to comment on whether he was staying there.With his visit, Giuliani appears to be doubling down on his efforts to dig up dirt in Ukraine on political opponents of President Donald Trump. He met, among others, with Andriy Derkach, a Kremlin-friendly Ukrainian parliamentarian who recently wrote a letter to Giuliani beseeching him to support criminal justice reform in the country -- an effort that could help Giuliani take on the mantel of corruption fighter rather than dirt digger.Meanwhile, Zelenskiy???s government is pursuing its own anti-corruption efforts. Giuliani???s visit to Kyiv coincided with a visit by Philip Reeker, the acting U.S. assistant secretary of state for European and Eurasian affairs. On the same day Giuliani met with Lutsenko -- who is accused of corruption in the House impeachment report -- Reeker was meeting with Ruslan Ryaboshapka, Zelenskiy???s new prosecutor general, to discuss changes to the country???s law enforcement structures.???The new prosecutor office will be oriented at society???s trust,??? Ryaboshhapka???s office said in a written statement. ???It must be effective and fair.???(Adds Telizhenko Facebook post in seventh paragraph.)To contact the reporters on this story: Stephanie Baker in London at stebaker@bloomberg.net;Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.netTo contact the editors responsible for this story: Jeffrey D Grocott at jgrocott2@bloomberg.net, David S. JoachimFor more articles like this, please visit us at bloomberg.com??2019 Bloomberg L.P.


  • Blind man executed in US for killing ex-girlfriend
    December 5, 2019

    Blind man executed in US for killing ex-girlfriendA blind man was executed by the US state of Tennessee on Thursday for burning his ex-girlfriend to death. Lee Hall, who was previously known as Leroy Hall, chose to be executed by electrocution rather than lethal injection, a choice that Tennessee has offered to those condemned to death before 1999. Hall, 52, was sentenced to death after he was convicted of setting a car on fire with his former girlfriend inside in 1991.


  • Germany's Merkel voices 'shame' during 1st Auschwitz visit
    December 6, 2019

    Germany's Merkel voices 'shame' during 1st Auschwitz visitGerman Chancellor Angela Merkel voiced a feeling of "deep shame??? during her first-ever visit on Friday to the hallowed grounds of the former Nazi German death camp of Auschwitz-Birkenau, where Adolf Hitler's regime murdered more than a million people. Merkel noted that her visit comes amid rising anti-Semitism and historical revisionism and vowed that Germany would not tolerate anti-Semitism.


  • 50 Great Gadget and Gear Gifts for the Holidays
    December 6, 2019

    50 Great Gadget and Gear Gifts for the Holidays


  • Tesla changed the release dates for the most and least expensive versions of the Cybertruck by a year
    December 6, 2019

    Tesla changed the release dates for the most and least expensive versions of the Cybertruck by a yearTesla said the three-motor Cybertruck would enter production in late 2021, while production for the single-motor Cybertruck would begin in late 2022.


  • Belarus crowds rally against closer Russia ties
    December 7, 2019

    Belarus crowds rally against closer Russia tiesRoughly 1,000 Belarusians joined an unauthorised demonstration on Saturday against the prospect of a closer union with Russia. Long-time ruler Alexander Lukashenko was meeting with his Russian counterpart Vladimir Putin in Russia on Saturday to discuss "key issues in our bilateral relations, including the prospects for deepening integration", according to the Kremlin. Police quickly intervened to oversee the demonstration but made no arrests.


  • Bloomberg says ending 'nationwide madness' of gun violence drives his presidential bid
    December 5, 2019

    Bloomberg says ending 'nationwide madness' of gun violence drives his presidential bidDemocratic presidential candidate Michael Bloomberg said on Thursday he wants to become president to end "the nationwide madness" of U.S. gun violence, calling it evil and saying he would allow its victims to file lawsuits against gun manufacturers.


  • House Ethics Committee tells indicted Rep. Duncan Hunter to 'refrain from voting'
    December 6, 2019

    House Ethics Committee tells indicted Rep. Duncan Hunter to 'refrain from voting'Rep. Duncan Hunter??"should refrain from voting on any question," the House Ethics Committee said in a Thursday letter.


  • NY Freshman Dem Urges Party Not to Include Mueller Evidence in Impeachment Articles
    December 6, 2019

    NY Freshman Dem Urges Party Not to Include Mueller Evidence in Impeachment ArticlesRepresentative Max Rose (D., N.Y.) pushed back Friday on efforts to include evidence from the Mueller Report in articles of impeachment against President Trump, saying that he ???was very serious??? when previously warning against impeaching Trump based on Mueller's evidence."I was against going through with the impeachment previous to this Ukraine matter,??? Rose told CNN. ???So with the understanding that I???m not going to entertain any hypotheticals, I was very serious when I came out and said that.???Earlier this week, Rose said he would wait to see the articles before deciding if he'd vote to impeach. House Democrats have been debating whether or not to include the Mueller Report in articles of impeachment, with progressives pushing for its potential inclusion."To me, you could make a case for bringing in some of the Mueller report because this is a pattern," Pramila Jayapal (D., Wash.) told CNN. "What we're seeing in Ukraine is the same pattern as what we saw with the Mueller report. And so, if it's the same pattern, it might make sense."House Speaker Nancy Pelosi refused to rule out including Mueller evidence in the impeachment articles if House Judiciary Chairman Jerry Nadler recommended that course, saying during a town hall Thursday night that ???we're operating collectively??? in coming up with articles.Rose refused to budge Friday, reiterating that the instances of obstruction of justice detailed in the Mueller report do not warrant impeachment.???This is the second most consequential thing I could do as a member of Congress, second only to declaring war,??? Rose said. ???. . . Unlike most of the people in this institution, I???m not going to just say something and forget about it.???> Some freshmen Dems resist calls to add Mueller evidence to articles of impeachment. Max Rose of New York to me earlier today: "I was against going through with the impeachment previous to this Ukraine matter ??? I was very serious when I came out and said that." pic.twitter.com/Wdf8hKrBux> > -- Manu Raju (@mkraju) December 6, 2019Rose, a freshman Democrat from Staten Island and a Republican target in the 2020 elections, wrote an op-ed in September against impeaching Trump, only to later reverse his stance and state that he intended ???to fully support this impeachment inquiry??? following the release of the whistleblower complaint based on the July 25 call between President Trump and Ukrainian President Volodymyr Zelensky.Trump won Rose???s district in 2016, snagging over 54 percent of the vote. In his winning 2018 campaign, Rose focused mostly on local issues and promised to work with Republicans, even meeting with Trump during the month-long partial government shutdown that stretched into late January of this year.???I have opposed a rush to judgment to date because the American people deserve to know that when this country is in crisis, we???re going to react responsibly and deliberately,??? Rose said in October. ???If the president is right and he has nothing to hide, then all we ask today is that he proves it.???Reached for comment, Rose???s office told National Review that Rose ???wasn???t referencing anyone or anything in particular??? with his ???people in this institution??? barb. Rose did not respond when asked if he would vote for impeachment without Republican support.On Thursday night, Pelosi confirmed she would have no regrets in impeaching Trump without Republican support, after saying in March that ???unless there???s something so compelling and overwhelming and bipartisan, I don???t think we should go down that path, because it divides the country.??????This isn't about politics at all. This is about patriotism. It's not about partisanship. It's about honoring our oath of office,??? Pelosi told Jake Tapper.


  • Official documents shed light on Tokyo's role in 'comfort women': Kyodo
    December 7, 2019

    Official documents shed light on Tokyo's role in 'comfort women': KyodoThe Imperial Japanese Army asked the government to provide one "comfort woman" for every 70 soldiers, Japan's Kyodo news agency said, citing wartime government documents it had reviewed, shedding a fresh light on Tokyo's involvement in the practice. "Comfort women" is a euphemism for the girls and women - many of them Korean - forced into prostitution at Japanese military brothels. The issue has plagued Japan's ties with South Korea for decades.


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