By Bethel Habte (@bethel_habte) Digits of the day 18 The report showed that Trump received large tax benefits from his decision to take a $916 million loss on deals that went bad in the early 1990s. Trump has resisted releasing his tax returns, a standard practice among U.S. presidential candidates. But Trump’s financial advisers are now calling him a "genius" for figuring out how to minimize his tax bill. Campaign surrogate and transition team lead Governor Chris Christie of New Jersey took a slightly different tack, saying that Trump's records showed that the U.S. tax code was an "absolute mess," but that Trump was the best person to fix it. Clinton campaign spokesman Brian Fallon said the tax writeoff "shows the colossal scale of his business failures" and that the wealthy real estate developer operates under a different set of rules than ordinary taxpayers. The Colombian government and Marxist FARC guerrillas are attempting to pick up the pieces of a deal that Colombian voters rejected in a referendum vote Sunday. Passing the deal would have ended a 52-year war, but voters rejected it as too lenient on the rebels. Colombians, even those who backed the "No" vote, expressed shock at the outcome and uncertainty about the future. Quote of the day "We never thought this could happen," said sociologist and "No" voter Mabel Castano, 37. "Now I just hope the government, the opposition and the FARC come up with something intelligent that includes us all." Kim Kardashian was robbed at gunpoint by masked men in a luxury residence in Paris early on Monday. The robbers tied her up in a bathroom and made off with about 10 million euros worth of jewelry. Rapper Kanye West, Kardashian’s husband, ended a performance in New York less than an hour into his set as he learned of the robbery. Around the country - A fatal police shooting of an 18-year-old black man in Los Angeles is under investigation, police said on Sunday. The Los Angeles Police Department said the man, Carnell Snell Jr., did not follow commands to stop after officers saw a vehicle with paper license plates and suspected it was stolen. He was shot while fleeing on foot. KTLA television reported Snell had been running away with his hands raised in the air when he was shot, citing witness accounts. Protesters gathered to the scene and some rallied outside the Los Angeles mayor's home, throwing eggs at the residence.
- The engineer of the New Jersey commuter train that killed one person and injured more than 100 people told investigators he was fully rested but has no memory of the incident. On top of that, a recovered data recorder is not working, a National Transportation Safety Board official said on Sunday.
- Vote your conscience, says Pope Francis to U.S. Catholics.
Around the world Higher! Higher! Colla Vella Xiquets de Valls form a human tower called "castell", while a supporter applauds, during a biannual competition in Tarragona city, Spain, October 2, 2016. REUTERS/Albert Gea - Taliban fighters attacked the northern Afghan city of Kunduz overnight, entering urban areas and threatening a repeat of the assault that lead to the group seizing the city exactly a year ago.
- Japanese scientist Yoshinori Ohsumi won the 2016 Nobel prize for medicine or physiology for his discovery of mechanisms for degrading and recycling cellular components, the award-giving body said.
- Prime Minister Theresa May said she would trigger the process to leave the EU by the end of March. Sterling fell on the news.
Around Wall Street - Deutsche Bank is scrambling to reach a settlement with the U.S. government before the November presidential elections. The specter of a $14 billion fine for its mishandling of mortgage-backed securities has sunk the shares of Germany’s largest lender. Ratings agency Moody’s reported that $3.1 billion would be ideal for bondholders, while a fine as high as $5.7 billion would dent 2016 profitability, but not significantly hurt the bank's capital position.
- Brent crude oil prices steadied above $50 a barrel on Monday, bolstered by a planned production cut by OPEC. But for now, markets are still being weighed down by an ongoing supply glut.
Today’s reason to live Solange - Cranes in the Sky |
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