2016年5月18日星期三

Wednesday Morning Briefing: The man just will not go away

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Reuters
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Bernie Sanders picked up a decisive win in the Oregon Democratic primary. And it looks like he's down by only 0.5 percentage point, or about 1,900 votes, in Kentucky, which from a delegate-collecting standpoint is a tie.

Digits of the day:

92 delegates


The delegate math doesn't change a whole lot for the Democrats. Including superdelegates, the Democratic Party honchos who can vote for whomever they like, Hillary Clinton is 92 delegates short of clinching the nomination. She will easily pick up more than that in California and New Jersey on June 7. Bernie Sanders supporters, presumably including the ones making death threats to Nevada Democratic officials, will argue, correctly, that Clinton cannot clinch the nomination without superdelegates. And they are hoping to convince some of them to switch to the Sanders camp. And that fight may last all the way until the Democratic convention in Philadelphia in July.

 

Meanwhile, on the Republican side, Donald Trump said he is willing to talk to North Korean leader Kim Jong Un to stop Pyongyang's nuclear program. Such discussions would reverse years of U.S. foreign policy toward the isolated nation.

Quote of the day:


"I would speak to him. I would have no problem speaking to him. At the same time, I would put a lot of pressure on China, because economically we have tremendous power over China. People don't realize that. They are extracting vast billions of dollars out of our country. Billions. And we have tremendous power over China. China can solve that problem with one meeting or one phone call." - Donald Trump

 

Other things Trump said in his interview with Reuters:


Around Wall Street

  • Cyber security is the biggest risk facing the financial system, Securities and Exchange Commission chief Mary Jo White told the Reuters Financial Regulation Summit in Washington. Some major exchanges, dark pools and clearing houses do not have cyber policies in place that match the risks they face, she said.
  • China thumbed its nose at U.S. moves to impose import duties on Chinese steel products, saying it would stick with tax rebates to support the sector's painful restructuring program.
  • Japan's economy expanded at the fastest pace in a year in the first quarter, but the rebound is not strong enough to dispel concerns over a contraction in the current quarter.

An afternoon in Paris

Protesters clash with riot police during a demonstration against French labor law reforms in Paris, May 17, 2016. REUTERS/Gonzalo Fuentes

 


Around the world

  • Weeks after suspected Islamist militants hacked Bangladesh's most prominent gay rights activist to death in his apartment along with an associate, another friend received a chilling message that he was next in line. "Say your prayers, confess to God for your sins. Eat or drink whatever you wish to, nobody can save you," read the handwritten letter, delivered to his home in Dhaka. This is how the gay and lesbian community lives in Bangladesh.
  • Venezuelan President Nicolas Maduro predicted the imminent demise of the opposition-led parliament, which is pushing for a referendum to oust him. He didn't specify what could happen to the legislature, although last month he threatened a constitutional amendment to cut its five-year term. The opposition is organizing nationwide protests for Wednesday.
  • Maria Sharapova is slated to appear at an International Tennis Federation anti-doping hearing, where she faces a four-year ban from the sport for failing a drug test at the Australian Open.

Around the country

  • The Senate passed legislation that would allow families of Sept. 11 victims to sue Saudi Arabia's government for damages. The White House has threatened a veto. The Saudis, who deny responsibility for the 2001 attacks, said they might sell up to $750 billion in U.S. securities and other American assets in retaliation if the bill became law.
  • The South Carolina legislature passed a bill banning most abortions after 19 weeks of pregnancy unless the mother's life was at risk. If Republican Governor Nikki Haley signs the bill, which is likely, South Carolina would become the 17th state to approve such a ban.
  • The Obama administration rolled out the final version of a rule to extend overtime pay to 4.2 million workers, which marks one of the administration’s most significant moves to address stagnant wages. The rule, which has drawn intense criticism from business groups and Republicans, doubles the maximum annual income a salaried worker can earn and still be automatically eligible for overtime pay.

Today's reason to live

Bill Monroe & The Bluegrass Boys – Blue Moon Of Kentucky

 

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