2016年4月25日星期一

Monday Morning Briefing: Tag-teaming Trump

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Reuters
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Ted Cruz and John Kasich are coordinating their campaigns in an effort to keep Donald Trump from clinching the Republican presidential nomination. Specifically, Cruz plans to focus on Indiana, and pull his resources out of Oregon and New Mexico, where Kasich is doing better. Conversely, Kasich plans to cede Indiana to Cruz.

Digits of the day

 

In so doing, the two underdogs are looking past the East Coast primary contests tomorrow – Pennsylvania, Maryland, Connecticut, Delaware, and Rhode Island – where Trump has a solid lead, toward contests where they are more competitive. Cruz is down by 6 points in Indiana, which votes on May 3. No reliable polling data is available for Oregon (May 17) or New Mexico (June 7). Between the three states, 109 delegates are up for grabs.


The newly restrained, more presidential Trump has this to say on the matter.

 

 

 


It looks like the hackers who stole $81 million the Bangladesh central bank were able to succeed by penetrating the software at the heart of the global financial system. SWIFT, the platform owned by 3,000 financial institutions, said it was aware of malware targeting its software and plans to issue an update today, which is reassuring. The lemonade in this scenario is that the hackers were trying to steal $951 million.


Mitsubishi Motors' largest shareholder – Mitsubishi Heavy Industries – is not exactly leaping to support the car company that admitted to falsifying fuel economy data on its vehicles. Mitsubishi Heavy owns a 12.6 percent stake in Mitsubishi Motors. "The investigation into Mitsubishi Motors over its falsified fuel economy data is still ongoing, so at this point we cannot decide on whether to offer assistance," said Mitsubishi Heavy President and Chief Executive Shunichi Miyanaga.


The Black Knight always triumphs

Two men dressed as gladiators fight during the celebration of the 2769th anniversary of the founding of Rome, Italy, April 24, 2016. REUTERS/Alessandro Bianchi


Around the world

  • President Obama plans to send 250 more troops to Syria, bringing the total to 300, in order to build on gains against Islamic State. Deputy National Security Adviser Ben Rhodes said the combat troops' mission is not to engage with Islamic State fighters, but rather to support allies on the ground.
  • A panel of international experts accused Mexico's government of undermining their probe into the fate of 43 student teachers apparently massacred in 2014. The independent panel said the government's stonewalling stopped them from reaching the truth as they wrap up their work and prepare to leave Mexico. The government says that corrupt police in late 2014 handed the teachers over to drug gang henchmen, who believed the trainees had been infiltrated by a rival gang. They then incinerated the teachers at a garbage dump in the southwestern Mexican state of Guerrero. President Enrique Pena Nieto thanked the experts for their work and pledged to look into it.
  • Betting odds have moved sharply in favor of Britons voting to remain in the European Union after President Obama cautioned last week against leaving the bloc. Ladbrokes' betting barometer, which is based on live odds, indicated on Monday a 73 percent chance of Britain voting to remain.

Around the country

  • "You can feel the explosions in your teeth. It's kind of cool actually." John Cole used to transport medical waste in Charlotte, North Carolina. Now, he's a volunteer in Northern Iraq, fighting alongside Kurds against Islamic State. Only he's not a soldier. He never finished training. "Some people take a year off before they go to college, other people just do this," he said.
  • For some Democratic voters in Pennsylvania, Tuesday's primary election will be more than just a chance to pick preferred candidates for public office. It will be a mini-referendum on the future of the state's downtrodden fracking industry. Bernie Sanders and two Democratic U.S. Senate hopefuls want to ban or pause the controversial oil and gas drilling technique. Pennsylvania is the second largest natural gas producer in the United States after Texas.
  • Former Cleveland Browns quarterback Johnny Manziel was indicted by a Dallas County grand jury of misdemeanor assault, after he allegedly hit his ex-girlfriend so hard she temporarily lost her hearing. He's also accused of kidnapping and threatening to kill her.

Around Wall Street

  • The cars of the future will be all-electric, self-driving, connected to high-speed communications networks – and free. And probably Chinese. At least, that's the vision of Jia Yueting, a billionaire entrepreneur seeking to usurp Tesla Motors. "We're not just building a car. We consider the car a smart mobile device on four wheels, essentially no different to a cellphone or tablet," he said.
  • At the center of solar power company SunEdison's bankruptcy are complex financing vehicles called yieldcos, which hold assets that generate cash and throw off reliable dividends. But in order to sustain those dividends, SunEdison had to expand quickly. And that required more debt. Then the stock crashed. Then the Justice Department started asking questions.
  • Federal Reserve policymakers are expected to hold interest rates steady when they meet this week. But they may tweak their description of the economic outlook to reflect more benign conditions, leaving the path open for future rate rises.

Today's reason to live


Wilbert Harrison – Let's Work Together

 

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