2016年5月11日星期三

Wednesday Morning Briefing: An unlikely alliance against Islamic State

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A leftist Kurdish organization and an Arab tribal militia in northern Iraq share little more than a common enemy. But the alliance is a measure of the extent to which Islamic State has upended the regional order.


Oil production is coming back on line in the Alberta oil sands after a devastating forest fire chased 88,000 residents from their homes. The fire is still burning, although it's moved away from the area's largest facilities. Roughly 1 million barrels a day of output, or about half of the oil sands' daily production, was lost to the fire. As for the residents, they may not be able to return to their homes for weeks.

Digit of the day:

3 percent


Bernie Sanders
 won the West Virginia Democratic primary handily, as expected. He still needs at least 65 percent of the vote in the remaining states to defeat Hillary Clinton for the presidential nomination. He won last night 51 percent to her 31 percent. He calls it "an uphill climb." Betting markets call it a 3 percent chance. But Sanders' West Virginia victory underscores a potential problem Clinton may have winning working class votes in the Rust Belt in a general election. Next up is Kentucky and Oregon next Tuesday. The latest Oregon poll has Clinton up by 15 points (May 6-May 9, 901 likely voters, 5.6 percent margin of error). We haven't tracked down any reliable Kentucky polls since last June.

 


Y-M-C-A…

Fireworks explode a day after the ruling Workers' Party of Korea wrapped up its first congress in 36 years, in Pyongyang, North Korea, May 10, 2016. REUTERS/Damir Sagolj


Around the country

  • Donald Trump is expected to visit Republican lawmakers in Washington tomorrow, but instead of what is usually just a rite on the road to the nomination, he will face pressure to tone down his rhetoric and clarify his policy positions as a step toward unifying the fractured party.

Quote of the day:

 

“I think he has to show what kind of president that he would be. But I believe he can do that, so I am not one who has foreclosed the possibility of eventually supporting him. But I need to see more from him."

– Senator Susan Collins (R-Maine) on Donald Trump

 

  • Missouri lawmakers passed a bill restricting the public's access to police camera footage, nearly two years after the slaying of a black teen in a St. Louis suburb fueled demands across the country for more police accountability.
  • A man stabbed four people, two of whom later died, in twin attacks in the Boston area before being killed by police. The suspect, Arthur DaRosa, 28, stabbed two women at a home in Taunton, Massachusetts, and then two at the nearby Silver City Galleria mall. We don't know why he did it.

Around the world

  • Islamic State set off a car bomb in a Shi'ite Muslim district of Baghdad, killing at least 52 people and wounding more than 78 others.
  • Queen Elizabeth was caught on camera saying Chinese officials were "very rude" to the British ambassador during a state visit to Britain by President Xi Jinping last year. She made the comments at a garden party at Buckingham Palace the same day that Britain's prime minister, David Cameron, was filmed making undiplomatic remarks about Nigeria and Afghanistan being corrupt countries. So much for British restraint…
  • And speaking of a lack of restraint, French Finance Minister Michel Sapin admitted to behaving inappropriately toward a female journalist. "During a trip to Davos in January 2015, amid about 20 people, I made a comment to a journalist about her clothing and put my hand on her back," Sapin said. "There was no aggressive or sexual intent in my conduct but the mere fact that the person was shocked shows that those words and this gesture were inappropriate, and I was, and still am, sorry." The admission comes days after a sex scandal forced the resignation of the vice president of the lower house of parliament.
  • Brazil's Senate is expected to vote today to impeach President Dilma Rousseff for breaking budget rules. If her opponents are successful, she will be suspended for up to six months during the trial.

Around Wall Street

  • Staples called off its $6.3 billion deal to buy Office Depot, after a federal judge ruled that the acquisition was anti-competitive. Staples will pay Office Depot a $250 million break-up fee.
  • Mitsubishi Motors' fuel economy scandal may spread wider. The Japanese carmaker last month admitted to overstating the fuel economy ratings in four of its mini-vehicle models. But today, it said it suspected improper data was used for models among the nine current ones on the market, as well as models it no longer sells.
  • Uber will join with the International Association of Machinists to launch an independent guild to represent drivers of the ride-hailing service in New York City. The new organization seeks to improve the relationship between drivers and the company, and provide other services. But whatever you do, don't call it a union.

Today's reason to live

Toots & The Maytals – Sit Right Down

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