Saturday, November 30, 2019

Hong Kong set for fresh protests as police end university siege

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Hong Kong set for fresh protests as police end university siegeHong Kong police on Friday said they were ending their siege of a university campus that became a battleground with pro-democracy protesters as activists vowed to hold fresh rallies and strikes in the coming days. Renewed calls to hit the streets came after Beijing and city leader Carrie Lam refused further political concessions despite a landslide victory for pro-democracy parties in local elections last weekend. In China this week, state media has sought to downplay and discredit the weekend ballot while Lam, who boasts record-low approval ratings, has acknowledged public dissatisfaction but ruled out further concessions.




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Peru Opposition Leader Keiko Fujimori Walks Free from Lima Jail

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Peru Opposition Leader Keiko Fujimori Walks Free from Lima Jail(Bloomberg) -- Opposition leader Keiko Fujimori walked free from a Lima prison Friday night after Peru’s highest court annulled her 18-month preventive jail sentence for obstructing a money-laundering probe.Speaking to reporters outside the jail, Fujimori said the Constitutional Court had corrected a process that was arbitrary and “full of abuses,” and said she’ll keep cooperating with the investigation.“I’m going to take time to reconnect with my family, recuperate, and later on we’ll decide what I’ll do in the second stage of my life,” Fujimori said, according to video broadcast by the Canal N network.The 44-year-old daughter of former autocrat Alberto Fujimori was jailed 13 months ago on allegations she sought to use her party’s congressional majority and contacts in the judiciary to derail a money-laundering probe against her. Prosecutors allege she received $1 million in campaign donations from Brazilian builder Odebrecht SA, though haven’t formally charged her. She denies any wrongdoing.In the court’s Nov. 25 ruling, three justices said prosecutors didn’t provide sufficient evidence directly linking Fujimori to the payments from Odebrecht. A fourth said she no longer posed a threat to the investigation after Congress was dissolved in September.Prosecutors investigating Fujimori and other politicians accused the court of thwarting Peru’s fight against corruption by releasing Fujimori. “The decision is surprising, incongruous and anti-technical, and suspiciously, it has political overtones,” prosecutor Jose Domingo Perez said Friday. He’s asked the judiciary to contest the ruling, La Republica newspaper reported.The Constitutional Court annulled a preventive jail sentence against former president Ollanta Humala and his wife Nadine Heredia last year.Voters will elect a new Congress on Jan. 26 and analysts don’t expect any political party to win a majority.To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.netTo contact the editors responsible for this story: Juan Pablo Spinetto at jspinetto@bloomberg.net, Ros Krasny, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.




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We Aid the Growth of Chinese Tyranny to Our Eternal Shame

  November 30, 2019   ,   No comments   Edit
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We Aid the Growth of Chinese Tyranny to Our Eternal ShameWe can’t say we didn’t know.Reports of the repression of Muslims living in northwestern China have been leaking out for years in drips and drabs. Satellite photos picked up the construction of massive prison facilities in the Xinjiang province. The BBC was even invited into one of the “thought transformation camps,” from which inmates are released a few hours a week, to see the program of patriotic re-education. Inmates were frank with the Beeb’s reporters that religious activity — including prayer — was banned inside the building.Now, in the last week, a more complete picture of Beijing’s repression campaign has emerged. Leaked memos have revealed some of the details of China’s modernized and tech-supported religious persecution of Muslims in Xinjiang. These are the first Venona cables of our generation. They make certain what sharp observers must have guessed: China uses cutting-edge technology to identify, classify, and detain Muslims for re-education in the old-school argot of totalitarian Communism. President Xi Jinping has instructed the party members and public officials involved in this repression to show “absolutely no mercy” and make ample use of the “organs of dictatorship” to accomplish their mission.The leaked memos include lines that will be cited as exculpatory in the future — they show Xi counseling against proposals to “eradicate” Islam entirely. But the larger picture painted by the documents is one of state apparatus mobilized in the service of repression, aiming to make up for lost time in which Uighurs and Kazaks were allowed to worship, practice, and believe as they pleased. “The weapons of the people’s democratic dictatorship must be wielded without any hesitation or wavering,” Xi is quoted as saying.Distressingly, Xi could occasionally sound like some of the West’s “New Atheists” when talking about his fellow citizens. “People who are captured by religious extremism — male or female, old or young — have their consciences destroyed,” he says. They “lose their humanity and murder without blinking an eye.”There really isn’t any mistaking the strategy here: The ethnic balance of southern Xinjiang is to be transformed through the state-aided resettlement of Han Chinese in the region. While there are token concessions to the idea of allowing Uighurs to retain their religion, the use of Turkic languages has been discouraged. China is attempting to deprive Uighurs of their ethnolinguistic identity, the very rudiments of their nationality. These efforts have unsurprisingly inspired intermittent riots and violence in recent years, which have in turn been used to justify the expansion of the re-education camps.The most chilling aspect of this repression is the use of information technology. An incredible, Orwellian surveillance system is used to monitor the movements of Xinjiang’s people. The cameras are placed prominently throughout cities such as Kashgar and surrounding towns to remind people that they are being watched. Algorithms are deployed to facilitate the classification and selection of Uighurs for the camps.It’s a tyranny that we have helped to enable. China’s prosperity and technological progress, generated in no small part by its ability to trade in such high volume with the United States, have empowered its government to do this. Our desire to keep trading with China obliges the president of the United States to remain silent about this barbarity.In short, the leaked documents make clear that the West desperately needs to recover its ability to privilege political and moral aims over the immediate exigencies of the market, which can tolerate even this kind of repression and in fact may operate more smoothly alongside it. The power of China’s tyranny grows in parallel with our fatalism about it, and our determination to be consoled by its economic upside. But enough is enough.




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2 victims were killed and police fatally shot a man wearing a hoax explosive vest in a terrorist attack at London Bridge

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2 victims were killed and police fatally shot a man wearing a hoax explosive vest in a terrorist attack at London BridgeLondon Metropolitan Police closed London Bridge and London Bridge Station is also closed. City of London police shot the man, who died at the scene.




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Tens of thousands rally in Europe, Asia before UN climate summit

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Tens of thousands rally in Europe, Asia before UN climate summitTens of thousands of protesters, primarily in Europe and Asia, hit the streets on Friday to make a fresh call for action against global warming, hoping to raise pressure on world leaders days before a UN climate summit. Carrying signs that read "One planet, one fight" and "The sea is rising, so must we", thousands flocked to Berlin's Brandenburg Gate for the latest "Fridays for Future" protest inspired by 16-year-old activist Greta Thunberg. In total, about 630,000 people demonstrated across more than 500 cities in Germany, the Fridays for Future movement said.




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Vietnam receives last of 39 remains of trafficking victims

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Vietnam receives last of 39 remains of trafficking victimsThe last remains of the 39 Vietnamese who died while being smuggled in a truck to England last month were repatriated to their home country on Saturday. Photos by the official Vietnam News Agency showed the arrival at the Hanoi airport of 16 bodies and seven urns, which had been flown from London. The 31 men and eight women are believed to have paid human traffickers for their clandestine transit into England.




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Climate activists turn attention to Black Friday: 'Shoppers cannot ignore the climate emergency'

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Climate activists turn attention to Black Friday: 'Shoppers cannot ignore the climate emergency'Young activists worldwide planned to hold hundreds of demonstrations on Black Friday to protest overconsumption and draw attention to climate change.




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Hedge Funds Watching Proteon Therapeutics Inc (PRTO) From Afar

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Hedge Funds Watching Proteon Therapeutics Inc (PRTO) From AfarHedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]




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Is Anthem Inc (ANTM) A Good Stock To Buy?

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Is Anthem Inc (ANTM) A Good Stock To Buy?"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]




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Friday, November 29, 2019

S&P 500 Price Forecast – Stock Markets Continue To Hover Near Highs

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S&P 500 Price Forecast – Stock Markets Continue To Hover Near HighsStock markets continue to hover towards the highs, reaching towards the most recent highs, which of course were all-time highs. The S&P; 500 continues to see a lot of buyers, and as we head into the weekend, it should be sold.




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2 K-pop stars were jailed for raping a drunk, unconscious woman in a scandal that shows the industry's dark underbelly

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2 K-pop stars were jailed for raping a drunk, unconscious woman in a scandal that shows the industry's dark underbellyChoi Jong-hoon of FT Island was sentenced to five years and Jung Joon-young of Drug Restaurant was given six years by Seoul Central District Court.




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Unhappy Thanksgiving: Explosions at Texas chemical plant keep more than 50,000 out of their homes

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Unhappy Thanksgiving: Explosions at Texas chemical plant keep more than 50,000 out of their homesMore than 50,000 people in southeast Texas remain under evacuation orders on Thanksgiving after two powerful explosions at a chemical plant.




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Trump impeachment: White House 'can't find any record' of call which president insists exonerates him

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Trump impeachment: White House 'can't find any record' of call which president insists exonerates himThe White House reportedly has no record of a phone call Donald Trump claims exonerates him over a scandal which is threatening to bring down his presidency.The US ambassador to the European Union Gordon Sondland testified to congress earlier this month that Mr Trump had made clear to him in the call that there was “no quid pro quo” with Ukraine.




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We Aid the Growth of Chinese Tyranny to Our Eternal Shame

  November 29, 2019   ,   No comments   Edit
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We Aid the Growth of Chinese Tyranny to Our Eternal ShameWe can’t say we didn’t know.Reports of the repression of Muslims living in northwestern China have been leaking out for years in drips and drabs. Satellite photos picked up the construction of massive prison facilities in the Xinjiang province. The BBC was even invited into one of the “thought transformation camps,” from which inmates are released a few hours a week, to see the program of patriotic re-education. Inmates were frank with the Beeb’s reporters that religious activity — including prayer — was banned inside the building.Now, in the last week, a more complete picture of Beijing’s repression campaign has emerged. Leaked memos have revealed some of the details of China’s modernized and tech-supported religious persecution of Muslims in Xinjiang. These are the first Venona cables of our generation. They make certain what sharp observers must have guessed: China uses cutting-edge technology to identify, classify, and detain Muslims for re-education in the old-school argot of totalitarian Communism. President Xi Jinping has instructed the party members and public officials involved in this repression to show “absolutely no mercy” and make ample use of the “organs of dictatorship” to accomplish their mission.The leaked memos include lines that will be cited as exculpatory in the future — they show Xi counseling against proposals to “eradicate” Islam entirely. But the larger picture painted by the documents is one of state apparatus mobilized in the service of repression, aiming to make up for lost time in which Uighurs and Kazaks were allowed to worship, practice, and believe as they pleased. “The weapons of the people’s democratic dictatorship must be wielded without any hesitation or wavering,” Xi is quoted as saying.Distressingly, Xi could occasionally sound like some of the West’s “New Atheists” when talking about his fellow citizens. “People who are captured by religious extremism — male or female, old or young — have their consciences destroyed,” he says. They “lose their humanity and murder without blinking an eye.”There really isn’t any mistaking the strategy here: The ethnic balance of southern Xinjiang is to be transformed through the state-aided resettlement of Han Chinese in the region. While there are token concessions to the idea of allowing Uighurs to retain their religion, the use of Turkic languages has been discouraged. China is attempting to deprive Uighurs of their ethnolinguistic identity, the very rudiments of their nationality. These efforts have unsurprisingly inspired intermittent riots and violence in recent years, which have in turn been used to justify the expansion of the re-education camps.The most chilling aspect of this repression is the use of information technology. An incredible, Orwellian surveillance system is used to monitor the movements of Xinjiang’s people. The cameras are placed prominently throughout cities such as Kashgar and surrounding towns to remind people that they are being watched. Algorithms are deployed to facilitate the classification and selection of Uighurs for the camps.It’s a tyranny that we have helped to enable. China’s prosperity and technological progress, generated in no small part by its ability to trade in such high volume with the United States, have empowered its government to do this. Our desire to keep trading with China obliges the president of the United States to remain silent about this barbarity.In short, the leaked documents make clear that the West desperately needs to recover its ability to privilege political and moral aims over the immediate exigencies of the market, which can tolerate even this kind of repression and in fact may operate more smoothly alongside it. The power of China’s tyranny grows in parallel with our fatalism about it, and our determination to be consoled by its economic upside. But enough is enough.




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Thanksgiving storm blankets Southern California mountains with snow, delays holiday travel

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Thanksgiving storm blankets Southern California mountains with snow, delays holiday travelA Thanksgiving Day storm brought a near definite end to the fire season in Southern California, as well as disruptive snow to people driving through the region's mountains."Thanksgiving started on a stormy note for many across Southern California as heavy rain and thunderstorms moved across the region. Many areas across the LA Basin picked up a quick 0.50 to 0.75 of an inch of rain this morning," AccuWeather Senior Meteorologist Alyson Hoegg. "Due to the heavy rainfall across Southern California, flooding was reported in several areas around the Los Angeles Basin."The storm moved south from Northern California into Southern California, dousing the state in the early hours of Thursday morning. The National Weather Service issued a significant weather advisory for the coastal Los Angeles County, and a flood advisory for the county soon followed. Surrounding counties have been set on flood watch into Thursday evening.Flood advisories were issued for Ventura and Los Angeles counties on Thursday morning as rain rates reached 0.2 to 0.4 of an inch per hour with local rates of 0.5 of an inch per hour, according to the NWS. To put this into context, Los Angeles typically receives around an inch of rain in all of November.By Thursday afternoon, Long Beach had received 2.17 inches of rain, surpassing the 1970 record of 1.93 inches.Rainfall of 1-2 inches was widespread across coastal Southern California to the Inland Empire from the storm.The NWS warned of the possibility of mud and debris flows near the burn scars of the recent Getty Fire and Palisades Fire.The storm wrecked havoc on Thanksgiving Day travel, inundating roads and slowing speeds on the highways. Waters rose near San Diego, submerging roads in at least two feet of water in some areas.Hail fell near Goleta, a coastal city in southern Santa Barbara County, California, as a heavier burst of rain moved through the area.> Hail near Goleta (source: Noozhawk). Hail is possible anywhere today, along with wet roads and dangerous lightning. Allow extra travel time and stay extra alert on the roads, as conditions can change rapidly at any time. cawx LARain pic.twitter.com/v4R69mH62W> > -- NWS Los Angeles (@NWSLosAngeles) November 28, 2019The rain turned to snow at higher elevations of roughly 3,000 feet, shutting down roadways such as Interstate 5 at Parker Road and the Grapevine. The highway fully reopened by 3:15 p.m. PST.The Fort Tejon California Highway Patrol was kept busy through the morning, clearing stuck vehicles as snow continued to fall.Palmdale, California, an area just north of Los Angeles, received snow at the low elevation of 2,600 feet. Around 10:30 a.m. PST, a weather spotter reported 6 inches of snow to the NWS along with several large tree limbs down in Leona Valley, an area west of Palmdale.The Mt. Baldy Fire Department reported 10 inches of snow at the altitude of 5,000 feet on Mt. Baldy.This same storm system was pushing on across the West, bringing cold rain into parts of Nevada and Arizona and snowy conditions into high elevations from Utah to Montana prior to the end of the week.More than a foot of snow piled up over the Arizona mountains during Thursday night. Bellemont, Arizona, near Flagstaff, received 4 inches of snow in one hour. Multiple tornado warnings were issued early Friday morning in central Arizona.A second storm is forecast to follow into the weekend, bringing more rain to the lower elevations of California, while unloading snow over the mountains. Some of the Sierra Nevada region could see feet of snow pile up in the higher elevations.Combined, these two storms are expected to extinguish the fall fire season across California but also a start to a potentially wet winter.




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North Korea warns Japan's Abe may soon see real ballistic missile launch

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North Korea warns Japan's Abe may soon see real ballistic missile launchNorth Korea's state media on Saturday lashed out at Japanese Prime Minister Shinzo Abe as an "imbecile and political dwarf" for calling Pyongyang's latest test of a large multiple-rocket launcher a ballistic missile launch and warned he may see a real one in the near future. North Korea fired two short-range projectiles into the sea off its east coast on Thursday in a fourth test of its new "super-large multiple-rocker launcher," with its North Korean leader Kim Jong Un expressing "great satisfaction" over the latest test. In the wake of Pyongyang's firing, Abe said on Thursday that North Korea's missile launch was a threat to Japan and the international community, and that Tokyo would monitor the situation with its partners.




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Row over Chinese 5G equipment further strains U.S.-German relations

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Row over Chinese 5G equipment further strains U.S.-German relationsU.S. Ambassador Richard Grenell called a German official's remarks this week "an insult to the thousands of American troops who helped ensure Germany's security."




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Trump's antics leaving Republicans 'disgusted and exhausted', says former GOP congressman

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Trump's antics leaving Republicans 'disgusted and exhausted', says former GOP congressmanA former Republican congressman said he would “probably vote to impeach” Donald Trump if he were still serving in the US House of Representatives while suggesting the president's scandals are “infuriating" current GOP House members.Charlie Dent, a frequent critic of Mr Trump who resigned from Congress last year, said he has heard from several of his former Republican colleagues who are “absolutely disgusted and exhausted by the president’s behaviour”.




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Jharkhand Assembly Election 2019: Will a single party get majority for the first...

  November 29, 2019   ,   No comments   Edit
In fact, even before Jharkhand was created, no party had been able to muster a majority in the 81 assembly constituencies (ACs) which were carved out of Bihar to form the new state since 1990.

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Jharkhand Assembly Election 2019: First phase of polling to be held today

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Seats for which polling will take place are Chatra, Gumla, Bishunpur, Lohardaga, Manika, Latehar, Panki, Daltonganj, Bishrampur, Chhatarpur, Hussainabad, Garhwa and Bhawanathpur.

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DRDO refutes report saying Israeli missile superior to India's

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Public relations consultancy Adfactors PR issued the statement on Thursday to announce the successful firing by the army of two newly acquired Spike long-range anti-tank missiles at the Infantry School at MHOW in Madhya Pradesh.

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Twitter CEO To Africa: I Will Be Back

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Twitter CEO To Africa: I Will Be BackTwitter Inc (NYSE: TWTR ) Chief Executive Officer Jack Dorsey said on Wednesday that he is considering moving to Africa sometime next year. Dorsey, who also heads the payments company Square was bidding ...




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Hedge Funds Have Never Been This Bullish On The Estee Lauder Companies Inc (EL)

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Hedge Funds Have Never Been This Bullish On The Estee Lauder Companies Inc (EL)Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]




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Hedge Funds Are Warming Up To Identiv, Inc. (INVE)

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Hedge Funds Are Warming Up To Identiv, Inc. (INVE)Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]




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Thursday, November 28, 2019

Europeans fear climate change more than terrorism, unemployment or migration

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Europeans fear climate change more than terrorism, unemployment or migrationAlmost half of all Europeans fear climate change more than losing a job or of a terrorist attack, a study by the European Investment Bank (EIB) showed on Thursday as EU lawmakers declared a "climate emergency". The symbolic vote by lawmakers was designed to pressure for action against global warming at an upcoming United Nations summit.. The EIB survey of 30,000 respondents from 30 countries, including China and the United States, showed 47% of Europeans saw climate change as the number one threat in their lives, above unemployment, large scale migration and concerns about terrorism.




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Hawaii man arrested for 'extreme stalking' of family in Utah

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Hawaii man arrested for 'extreme stalking' of family in UtahU.S. prosecutors have arrested a Hawaii man they accuse of sending hundreds of unwanted service providers, including plumbers and prostitutes, to a Utah home.




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North Korea test fires two missiles month before deadline for US to respond on talks

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North Korea test fires two missiles month before deadline for US to respond on talksNorth Korea fired two "unidentified projectiles" on Thursday, Seoul said, as nuclear talks between Pyongyang and Washington remain deadlocked. The projectiles were fired eastwards from South Hamgyong province and came down in the Sea of Japan, also known as the East Sea, South Korea's Joint Chiefs of Staff (JCS) said. They added that the launch, the latest in a series by Pyongyang, was carried out at 16:59 pm local time - or the early hours on the east coast of the United States, during Thanksgiving, one of the country's biggest annual holidays. It was also one day short of the two-year anniversary of the North's first test of its Hwasong-15 intercontinental ballistic missile, which analysts say is capable of reaching the entire US mainland. Pyongyang is banned from firing ballistic missiles under UN Security Council resolutions, and Prime Minister Shinzo Abe said that Thursday's launch was the latest in a series of violations.  "North Korea's repeated launches of ballistic missiles are a serious defiance to not only our country but also the international community," he told reporters in Tokyo. Thursday's launch came after Pyongyang fired what it called a "super-large multiple rocket launcher" system last month, and the JCS said the latest devices were presumed to be of a similar type. They flew 380 kilometres (236 miles) and reached a maximum altitude of 97 kilometres, the JCS added. Nuclear negotiations between the US and the North have been at a standstill since the Hanoi summit between Donald Trump, the US president, and Kim Jong-un, the North Korean leader, broke up in February. Pyongyang has since demanded Washington change its approach by the end of the year. "North Korea is growing anxious as its deadline approaches," said Shin Beom-chul of the Asan Institute for Policy Studies. "That's why it's carrying out these provocations, which is the typical North Korean playbook to get more concessions from the US."




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Spain 'narco-sub' carried 100 mn euros of cocaine: officials

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Spain 'narco-sub' carried 100 mn euros of cocaine: officialsA submarine seized off the Spanish coast over the weekend was carrying three tonnes of cocaine worth 100 million euros ($110 million), officials said Wednesday. Police intercepted the 20-metre (65-foot) submarine -- thought to be the first of its kind captured in Europe -- off the northwestern region of Galicia on Saturday. While traffickers, especially from Colombia, have been caught using submarines to transport cocaine into Mexico and the United States, police said Saturday's seizure was "the first time that this system of transporting drugs has been detected in Europe".




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Dubai court reduces sentence for editor who killed his wife

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Dubai court reduces sentence for editor who killed his wifeA British newspaper editor convicted of killing his wife with a hammer had his sentence reduced by Dubai’s Court of Appeal on Wednesday. The court ordered that former Gulf News editor Francis Matthew must serve a seven-year sentence for manslaughter in the 2017 killing of his wife, Jane. Matthew had received as much as a 15-year sentence for the killing.




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Happy Thanksgiving: Jimmy Fallon, Matthew McConaughey, more share messages of thanks, love

  November 28, 2019      No comments   Edit

Thanksgiving is the perfect time of year to wish others well, acknowledge those who have helped you throughout the year, express love and give back.

      


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