2016年7月25日星期一

Monday Morning Briefing: It's the Democrats' turn

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Reuters
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"Can't anybody here play this game?" – Casey Stengel, 1962

The bar wasn't terribly high. The Republican National Convention was upended by Ted Cruz's open rebellion against the nominee Donald Trump, who made absolutely no concessions to the establishment wing of his party in his final speech. All the Democrats had to do was to keep Bernie Sanders and his supporters in line. After all, he'd already endorsed the winning candidate Hillary Clinton. And they had to avoid any overt signs of discord.

 

Digits of the day:

19,000

 

And then 19,000 emails dropped.

The emails, disseminated by WikiLeaks, confirmed what Sanders and his supporters believed all along: that the Democratic National Committee, which was supposed to stay neutral throughout the primary race, was tipping the scales in favor of Hillary Clinton. To be sure, Clinton had a pretty clear path to victory when these emails were written. Nevertheless, the emails included plans to question Sanders' religious beliefs, plans to plant narratives about how the Sanders campaign failed, and unseemly name-calling of donors. The Clinton campaign theorized that the source of the information leaked came from a hacker affiliated with the Russian government, a theory that some security firms backed.

Sanders and his supporters were already irate over the choice of Tim Kaine, the moderate senator from Virginia, as Clinton's running mate.

The upshot was that Florida Representative Debbie Wasserman Schultz of Florida resigned as the party's chairwoman.

What could possibly go wrong?

 

Democratic National Committee Chairwoman Debbie Wasserman Schultz speaks at a rally, before the arrival of Hillary Clinton and Tim Kaine, in Miami, Florida, U.S. July 23, 2016. REUTERS/Scott Audette

 


Around the country

  • Two people were killed and as many as 16 were injured in a shooting in a nightclub parking lot in Fort Myers, Florida. Three suspects have been detained and we don't know their motives yet. Police say the area around the club, Club Blu, is now safe.
  • More than 1,600 firefighters battled a fast-spreading wildfire that has forced hundreds of evacuations in the drought-parched canyons north of Los Angeles, destroying 18 homes, killing at least one person.
  • Two nephews of Venezuela's first lady confessed to conspiring to import cocaine into the United States, according to documents filed by prosecutors in court. The documents surfaced as prosecutors tried to oppose a bid by the men to have their post-arrest statements suppressed on the grounds that they did not fully understand their rights under U.S. law to remain silent. The two men were arrested in November.

Around Wall Street

  • Verizon bought Yahoo’s operating business for $4.83 billion, a move that it hopes will boost the other struggling Internet property it recently bought, AOL. Mainly Verizon gets Yahoo's advertising tools, Yahoo Mail and Messenger. The deal doesn't include Yahoo's 35.5 percent stake in Yahoo Japan and its 15 percent stake in Alibaba, otherwise known as the only part of Yahoo anyone cares about.
  • Nintendo shares tumbled as much as 18 percent after the company said Pokemon GO would have a limited impact on its earnings, which are due this week.

Coming Up:

  • Apple, Alphabet (née Google), Amazon and Facebook are slated to drop earnings this week. And the Federal Reserve will announce any changes to interest rates on Wednesday.

Around the world

  • A Syrian man blew himself up setting off a bomb outside a music festival in Bavaria. We don't know why he did it. It's the fourth violent attack in Germany in six days.
  • Tens of thousands of supporters of Turkey's ruling and main opposition parties, usually bitter foes, rallied together in support of democracy following a failed military coup as President Tayyip Erdogan tightens his grip on the country. The country will remove some ambassadors from their posts, Foreign Minister Mevlut Cavusoglu said. They also apparently rounded up a bunch of journalists.
  • Southeast Asian nations overcame days of deadlock when the Philippines dropped a request for their joint statement to mention a landmark legal ruling on the South China Sea. The Philippines acquiesced after Cambodia backed China's position. Competing claims with China in the vital shipping lane are among the most contentious issues for the Association of Southeast Asian Nations, with its 10 members pulled between their desire to assert their sovereignty while finding common ground and fostering ties with Beijing.

Today's reason to live

Stealers Wheel – Stuck In The Middle

 

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