2016年5月3日星期二

Tuesday Morning Briefing: Without a home, without a state

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There have been as many as 50,000 children born to Syrian refugees in Lebanon. Unless they undergo a Kafkaesque process, they will be stateless. That means these children could miss out on basic rights such as education and healthcare and could be exposed to abuse or trafficking.


Indiana votes tonight. The latest poll, which came out last night and has a relatively small sample size and a high margin of error, shows Donald Trump with a 17 point lead. He's got a 93 percent chance of winning the state, according to betting markets.

Quote of the day

"We are not a bitter, angry, petty, bigoted people. ... I reject that vision of America." Ted Cruz.


A Missouri court ordered Johnson & Johnson to pay $55 million to an ovarian cancer patient who developed the disease after years of using their talcum powder. In February, Johnson & Johnson was ordered to pay $72 million to the family of another woman, Jacqueline Fox, who died of cancer after years of using talc powder for feminine hygiene.


Around the world

  • When refugees set themselves on fire to protest their treatment in detention camps, it's the fault of their advocates, according to the Australian government, and not the fault of the camps. Conditions in the camps are reported to be harsh, with child abuse running rampant.

Digits of the day

2

That's the number of refugees who have set themselves on fire so in the Australian detention camp on the northern island of Nauru. The camp holds 500 people. Last week Papua New Guinea ordered the camp on Manus Island closed. We don't know what's going to happen to the 850 refugees there.

  • A solar-powered airplane midway through a historic bid to circle the globe completed the tenth leg of its journey, landing in Arizona after a 16-hour flight from California. We hope there was a movie on that flight.
  • Party time in Pyongyang! North Korea is convening its first ruling party congress in 36 years on Friday. The party plans to declare the Hermit Kingdom a nuclear weapons state. How they're going to deliver the warheads is more of a question…

Around the country

  • Maricopa County Sheriff Joe Arpaio is allowed to use workplace raids to enforce Arizona laws that make it a crime for illegal immigrants to use stolen identities to obtain work, thanks to a federal appeals court ruling that reversed a district court decision on the matter. Since 2008, the controversial workplace raids have led to the arrests of more than 700 undocumented workers for identity theft, raising their likelihood of being deported.
  • Puerto Rico's Government Development Bank, the main funding source for the U.S. commonwealth's public agencies, reached a tentative restructuring deal with some major creditors hours after declaring it would skip a $422 million debt payment. Puerto Rico overall faces $70 billion in debt, a staggering 45-percent poverty rate and a shrinking population as it enters the most dire stretch of its fiscal crisis. It owes another $1.9 billion on July 1 that Governor Alejandro Garcia Padilla says it cannot pay.
  • And for all you Cold War fans out there, NATO may rotate four battalions of troops through Eastern Europe to guard against aggressive behavior by Russia. The request came from the Baltic states of Estonia, Latvia and Lithuania. "That's one of the options being discussed," Defense Secretary Ash Carter said.

What the @#*^ am I doing here?

Comedienne Amy Schumer arrives at the Metropolitan Museum of Art Costume Institute Gala (Met Gala) to celebrate the opening of "Manus x Machina: Fashion in an Age of Technology" in New York, May 2, 2016. REUTERS/Eduardo Munoz. You can check out all our photos here.


Around Wall Street

  • Billionaire investor William Ackman ruled out any sale of Valeant Pharmaceuticals' "crown jewel" assets, but he said price cuts and even a new name may be in its future. The company has been under fire for aggressive accounting tactics and pushing up prices on newly acquired drugs.
  • Baker Hughes plans to buy back $2.5 billion in stock and pay down debt, using the breakup fee it will receive following the collapse of its long-stalled takeover by rival oilfield services provider Halliburton. Wall Street analysts said Halliburton should be in better shape than Baker Hughes but praised the latter's plan to cut annual costs by some $500 million in an oversupplied market while repurchasing shares.
  •  Who cares who invented bitcoin?

Today's reason to live

The Bottle Rockets - Indianapolis

 

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