News

Monday Mania 2.0

  • Straight pride event attracts just three people
    on November 18, 2019 at 7:35 pm

    A “straight pride“ event gathered just three supporters in Dallas, who waved their flag and argued with counter-protesters nevertheless.Two members of Super Happy Fun America (SHFA), a group advocating for “straight rights”, turned up to protest after claiming the original event had been postponed in a series of Facebook videos.

  • Russia offers job to Maria Butina, woman convicted by U.S. of being an agent
    on November 18, 2019 at 7:25 pm

    In her first public appearance since being deported by U.S. authorities who had jailed her for being a Russian agent, Maria Butina was on Monday offered a job by Moscow to defend Russians imprisoned abroad. During an event for the media, Russia’s human rights commissioner, Tatyana Moskalkova, offered Butina, 31, a job working for her commission. Butina, who flew back to Russia on Oct. 26 after being deported, did not say whether she would accept the offer made at what she called her first public appearance since she was mobbed by wellwishers in front of the media at the airport on her arrival home.

  • Warren Calls Out Blackstone for ‘Shameless’ Profits From Housing
    on November 18, 2019 at 6:56 pm

    (Bloomberg) — Elizabeth Warren called out Blackstone Group Inc. for its real estate practices as she laid out her tenants’ rights plan, accusing the company of “shamelessly” profiting from the 2008 housing crisis.Her criticism on Monday was the latest instance of the Democratic 2020 presidential candidate singling out Wall Street companies and investors by name for actions she says contribute to inequality.In a Medium post where she laid out proposals to strengthen tenants’ rights, Warren assailed Blackstone for going on a “shopping spree” in the wake of the 2008 crisis and buying apartments and single family homes that had been foreclosed. She also took aim at Colony Capital Inc. and Cerberus Capital Management.“Some of the same Wall Street firms that tanked the dream of home ownership for millions of American families are now the country’s biggest landlords – profiting off the destruction they caused,” Warren wrote in her post.“Though we are only a tiny percentage of the housing market, we are proud of our investments, which are helping address the housing shortage by adding high-quality, professionally managed rental housing, while contributing to local economies and creating jobs—all on behalf of our investors, which include retirement systems for millions of teachers, nurses, firefighters and other pensioners,” said Jen Friedman, senior vice president for global public affairs at Blackstone.Blackstone is one of the world’s largest real-estate investors, and has about $554 billion in total assets under management. The business is so profitable it has made both founder Stephen Schwarzman and president Jonathan Gray, who oversaw Blackstone’s massive real estate growth, billionaires several times over.In 2012, the firm was racing to acquire single-family homes, spending as much as $150 million a week.Warren has singled out some of the largest U.S. corporations, including Facebook Inc., Exxon Mobil Corp., Walmart Inc., and Wells Fargo & Co., as she campaigns for the Democratic nomination by championing working- and middle-class families. She’s promised to break up big corporations, crack down on their political influence and enforce strict regulations on Wall Street.She has also engaged in fights with such Wall Street figures as Lloyd Blankfein and Leon Cooperman.Warren’s latest attack comes in a policy proposal to withhold federal funding from corporate landlords with a history of “harassing” tenants. Corporate landlords would be required to publicly disclose data like median rent, the number of tenants they’ve evicted and building code violations, as well as the names of any individuals with an ownership interest of 25% or more.Warren also pointed to Blackstone’s $5.3 billion deal to buy New York’s Stuyvesant Town, an 80-acre Manhattan development with more than 11,000 apartments. Under the terms of the deal, about 5,000 of those apartments would remain “affordable” for 20 years, according to an announcement by New York City Mayor Bill De Blasio.Warren has proposed spending $500 billion to build about 3 million housing units in the U.S., and also said her administration would provide a nationwide right-to-counsel and establish a federal grant program aimed at benefiting low-income tenants facing eviction. She said she’d create a federal Tenant Protection Bureau, modeled after the Consumer Financial Protection Bureau, a key component of the 2010 Wall Street overhaul legislation that she advocated.To contact the reporters on this story: Misyrlena Egkolfopoulou in Washington at megkolfopoul@bloomberg.net;Heather Perlberg in Washington at hperlberg@bloomberg.netTo contact the editors responsible for this story: Wendy Benjaminson at wbenjaminson@bloomberg.net, Sam MamudiFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Prince Andrew: KPMG not renewing sponsorship of royal’s scheme
    on November 18, 2019 at 6:24 pm

    The controversy over the duke’s ties to Jeffrey Epstein is understood to have been a factor in the move.

  • Two dead after bridge collapses into river in France
    on November 18, 2019 at 6:19 pm

    A 15-year-old girl and a truck driver died when a bridge collapsed into a river in southwestern France on Monday, officials said.

  • Turkey will launch another Syria operation if area not cleared of Kurdish YPG: Anadolu
    on November 18, 2019 at 6:19 pm

    Turkey’s foreign minister said Ankara would launch a new military operation in northeast Syria if the area was not cleared of what he called terrorists, state-owned Anadolu agency reported on Monday.

  • Head of Vatican financial regulator leaves job weeks after police raids
    on November 18, 2019 at 6:17 pm

    The Vatican said on Monday the head of its financial regulator would leave, weeks after unprecedented police raids on his organization and another key arm of the Catholic Church’s bureaucracy.

  • At embattled Hong Kong university, a dramatic escape
    on November 18, 2019 at 6:16 pm

    Dozens of Hong Kong protesters staged a dramatic escape from a university campus sealed off by police on Monday by shimmying down plastic hosing from a bridge and fleeing on waiting motorbikes as the police fired projectiles.

  • Rudy Giuliani's son has a White House job where he doesn't seem to do much
    on November 18, 2019 at 6:15 pm

    Rudy Giuliani’s unflinching love for President Trump didn’t come out of nowhere.Sure, Trump and his lawyer have a lot of shared history thanks to their reputations as some of most well-known and New Yorkiest New Yorkers of all time. But Giuliani’s staunchest affinity for Trump comes from how the president brings Giuliani and his son Andrew Giuliani together, Giuliani tells The Atlantic.The 31-year-old Andrew Giuliani has a White House job as an associate director in the Office of Public Liaison, with current and former White House officials telling The Atlantic he coordinates events with athletes. Yet “sports-team visits are more special-occasion than scheduling staple in the business of government,” especially with teams often rejecting meetings with Trump, The Atlantic writes. That’s led White House officials to say it’s clear Andrew Giuliani got a “nepotism job” thanks to his father’s name, with one saying “he’s just having a nice time” and not exactly working hard.But Rudy Giuliani says that’s just not the case. This “wasn’t the usual ‘hire my kid’ situation,” Giuliani said, because even though his son has “known the president since he was a baby … they also had a relationship independent of me.” That relationship came into play when Andrew Giuliani was a teenager and Rudy Giuliani was going through a divorce with Andrew’s mother Donna. Andrew Giuliani “credits Trump with helping him navigate” his father’s divorce and “particularly with helping him repair his relationship with Rudy,” two former White House officials tell The Atlantic — and Rudy Giuliani said he agrees.Andrew Giuliani didn’t return a request for comment. Read more at The Atlantic.More stories from theweek.com The potential lie that could actually destroy Trump The coming death of just about every rock legend How China can win a trade war in 1 move

  • Seven Malian soldiers killed in clash with militants: army
    on November 18, 2019 at 6:09 pm

    Seven Malian soldiers were killed and 15 wounded when militants attacked a patrol in northern Mali on Monday, the army said in a statement.

  • Four Indian soldiers, two civilians killed in Siachen avalanche
    on November 18, 2019 at 6:02 pm

    Four Indian army officers and two porters were killed on Monday in an avalanche on the Siachen Glacier, a defense spokesman said on Monday.

  • Rodney Reed's mother says the 'truth will and shall set him free' after her son was granted a stay of execution
    on November 18, 2019 at 5:40 pm

    Rodney Reed has spent 20 years in prison for the 1996 murder of a 19-year-old woman named Stacey Stites.

  • Opposition wins no seats in Belarus election, Lukashenko vows to stay put
    on November 18, 2019 at 5:39 pm

    Belarus President Alexander Lukashenko maintained his hold on power after results published on Monday showed not a single opposition candidate had won a seat in a weekend parliamentary election.

  • Will Pete Buttigieg be the first gay president? Older LGBTQ Americans celebrate his run
    on November 18, 2019 at 5:38 pm

    Mayor Pete Buttigieg’s presidential bid was something older LGBTQ voters say they never could have imagined when they were young.

  • Saudi-led coalition says Yemen’s Houthis seize ship in Red Sea
    on November 18, 2019 at 5:36 pm

    The Saudi-led military coalition engaged in Yemen said on Monday that the Iran-aligned Houthi movement had seized a vessel towing a South Korean drilling rig at the south end of the Red Sea.

  • Kiran Mazumdar-Shaw gets lifetime achievement award
    on November 18, 2019 at 6:21 pm

    Bill Gates, co-chair, Bill & Melinda Gates Foundation, gave away this award to Mazumdar-Shaw in New Delhi on Nov 17 at an event to mark the celebration of 108th Foundation Day of ICMR. She was also recognised for her philanthropic efforts and providing better healthcare to people in India and globally through cost-effective life-saving therapies.

  • Tesla plans to invest $4.4 B in Berlin factory: Report
    on November 18, 2019 at 6:16 pm

    The first production line at Tesla’s Berlin factory, unveiled by founder and Chief Executive Officer Elon Musk earlier this week, will manufacture the company’s SUV Model Y, which could be produced as early as 2021, according to the newspaper. The electric car maker could receive about €300 million in subsidies subject to approval by the EU, Bild reported.

  • North Korea ‘no longer interested’ in summits with US
    on November 18, 2019 at 6:09 pm

    The statement on Monday by Foreign Ministry adviser Kim Kye Gwan is the latest call by North Korea for US concessions ahead of an end-of-year deadline set by Kim Jong Un for the Trump administration to offer mutually acceptable terms for a deal to salvage nuclear diplomacy. Trump in a tweet urged Kim Jong Un to “act quickly, get the deal done” and hinted at another summit.

  • Hong Kong Police battle protesters in university siege
    on November 18, 2019 at 5:58 pm

    The size of demonstrations has dwindled in recent weeks, but clashes between protesters and police have escalated sharply since early last week, when police shot a protester, a man was set on fire and the city’s financial district was filled with tear gas in the middle of the workday. On Monday night, protesters under cover of umbrellas huddled along in Nathan Road.

  • View: A new CJI provides GoI the chance to have another go at judicial reforms
    on November 18, 2019 at 5:58 pm

    In a recent interview to ET, Justice Bobde also said he was in favour of creating a national judicial service. GoI has been pushing this idea with the intent to create an all-India cadre of judicial officers from where bulk of future judges could be selected. The proposal has been gone into in considerable detail, including on ways to carry out an all-India test and selection.

Advertisements
%d bloggers like this: