By Derek Caney (@stax920) President Barack Obama became the first sitting president to visit Hiroshima, the site where the United States dropped the first atomic bomb. As promised, he did not formally apologize, though he did everything but. He laid a wreath at the city's memorial park and spoke haltingly and passionately about the consequences of the bombing and need to pursue a world without nuclear arms. Quote of the day "We have a shared responsibility to look directly in the eye of history. We must ask what we must do differently to curb such suffering again." – President Obama "We risk being in a post-antibiotic world," said Thomas Frieden, director of the Centers for Disease Control and Prevention, reporting the first case of a bacterial infection within U.S. borders that is resistant to all known antibiotics. The Group of Seven industrial powers pledged to seek strong global growth, but papered over differences on currencies and stimulus policies. Leaders also expressed concern over North Korea, Russia and maritime disputes involving China. Runs in the family Estonia's Olympic female marathon runners are triplets (L-R) Lily, Liina and Leila Luik, seen here running during a training session in Tartu, Estonia, May 26, 2016. REUTERS/Ints Kalnins Around the country - Donald Trump promised to roll back some of America's most ambitious environmental policies, actions that he said would revive ailing oil and coal industries and bolster national security. Among the proposals:
- Pull out of the recently signed Paris global climate accord
- Approve the Keystone XL oil pipeline
- Rescind environmental protection measures by implemented by Obama
- You may have also heard that Bernie Sanders accepted a challenge to debate Trump. It's not clear how serious the plan is. But it didn't stop Sanders from a little trash talk on the Jimmy Kimmel show last night. What is clear is that if this actually takes place before the California primary, it's a fairly effective way for Trump to kneecap Hillary Clinton and for Sanders to flip off the Democratic National Committee.
With that in mind, let's take a look at the latest data from California. Digits of the day Public Policy Institute of California's poll released on Wednesday shows Clinton's lead over Sanders narrowing to 2 points, Two days earlier, Survey USA and KABC put out a poll giving Clinton an 18-point lead. Neither poll included data from later than May 22. Betting markets show Clinton with a 70 percent change of winning the primary, which is slated for June 7 and offers 546 delegates up for grabs. - Nihar Janga, a fifth-grader from Austin, Texas, and Jairam Hathwar, a seventh-grader from Painted Post, New York, were named co-champions of the U.S. Scripps National Spelling Bee after battling 25 rounds head to head. The winning words for the two? Jairam nailed "feldenkrais," a method of education, and Nihar aced "gesellschaft," a type of social relationship.
Around Wall Street - Remember all those promises made by lawmakers to force technology companies to give law enforcement agencies a "back door" to encrypted communications and electronic devices? Forget it. The push for that legislation is dead. It has no chance of being introduced this year and, even if it were, it would have no chance of advancing.
- Alibaba has become one of the short-selling community's favorite targets. Earlier this week, the company disclosed it was under investigation by the Securities and Exchange Commission. Questions about Alibaba's growth rate and its relations with affiliated companies have dogged the company for years. The latest investigation highlights how far Alibaba has to go to improve transparency, while a continuing acquisition spree creates uncertainty over its earnings.
- Gawker is on the block, two months after the company lost a suit against Hulk Hogan over the publication of a sex tape. The gossip site faces a penalty of $140 million. PayPal co-founder Peter Thiel is financially backing Hogan's lawsuit.
Around the world - Hackers who stole $81 million from Bangladesh's central bank have been linked to an attack on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures, cybersecurity company Symantec said. The FBI blamed North Korea for the attack on Sony. Meanwhile, a senior executive at Symantec rival Mandiant said the hackers recently penetrated banks in Southeast Asia.
- China will face a number of strategic headaches from the fully normalized relationship between the United States and Vietnam. Specifically, China faces the short-term prospect of Vietnam obtaining U.S.-sourced radars and sensors, surveillance planes and drones to better monitor and target Chinese forces. Longer term, the U.S. Navy may get a long-held wish to use Cam Ranh Bay, the best natural harbor in the South China Sea.
- French riot police removed picketers and barricades blocking access to a large fuel distribution depot, as President Francois Hollande warned anti-reform protesters that he would not let them strangle the economy. The protesters oppose planned labor law reforms that make it easier to hire and fire workers.
Today's reason to live: Sun Ra – Nuclear War |
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