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Saturday, September 28, 2019

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Iran releases photo of Khamenei with Hezbollah chief

Iran has released a "never before seen" photo of supreme leader Ayatollah Ali Khamenei alongside Hassan Nasrallah, leader of the Lebanese Shiite movement Hezbollah. The three men are shown in front of what appears to be a door covered by a curtain and surrounded by shelves stacked with books -- decor associated with Khamenei's Tehran office.

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Trump calls out CNN for missing punctuation mark as impeachment looms

An impeachment inquiry is looming, and the revelations in the whistleblower scandal pop up hour by hour, but President Trump took CNN to task on Friday over the use of the word “liddle.”

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Could Elizabeth Warren end up the real winner from the Trump impeachment inquiry?

Elizabeth Warren could be unintentionally benefit from the impeachment inquiry as claims over her Democratic presidential rival Joe Biden’s activities in Ukraine dominate the headlines, polling experts have predicted. The US senator for Massachusetts has enjoyed a remarkable surge in the polls of who Democrats want as their White House candidate at the 2020 election and is now neck-and-neck with Mr Biden, long seen as the front-runner. Despite the impeachment probe targeting Donald Trump and his alleged abuses in office, some are predicting the drive could inadvertently rebound and politically damage Mr Biden, the former US vice president. At the heart of the impeachment inquiry are claims that Mr Trump pressured the Ukrainian president to look into Mr Biden and his son Hunter Biden’s activities in the country. Mr Biden, while in office, called for Ukraine’s prosecutor to step down. At the time his son Hunter worked for a Ukrainian gas company. The prosecutor was once investigating the head of that company. Joe Biden and his son Hunter at a basketball game in 2010 Credit: AP Photo/Nick Wass Mr Trump, his attorney Rudy Giuliani and other Republicans have made a string of unfounded allegations over the scenario, claiming it showed Mr Biden was somehow protecting his son. In fact Mr Biden’s calls were part of a drive supported by many Western countries at the time to replace the Ukrainian prosecutor, who was deemed to have not been tough enough on corruption. Both Mr Biden and his son have always denied any wrongdoing. The political problem, some election experts say, is that whatever the facts the coming months will see Mr Biden’s Ukraine actions and his son's job with a Ukrainian company put up in lights on cable TV news and in newspapers. It could draw attention to a potential weakness in Mr Biden’s hopes of winning the Democratic nomination – that he is viewed as a Washington insider after a half-century career in the capital whereas voters want change. Larry Sabuto, director of the Centre for Politics at the University of Virginia, told The Daily Telegraph: “It reinforces Biden’s problem, which is that he’s an old-style politician.” Joe Biden and Elizabeth Warren shaking hands after a debate between Democrats hoping to reach the White House in 2020 Credit: AP Photo/David J. Phillip Mr Biden could be more vulnerable than Ms Warren to Mr Trump’s “drain the swamp” attacks given he his career as a senator and then Barack Obama’s vice president. Ms Warren, by contrast, only joined the Senate in 2013 and shot to prominence challenging the Wall Street elites and pushing bold left-wing policies such as a wealth tax. “Her image is perfectly designed to take advantage of this Biden problem,” Mr Sabuto said. “She is seen as a squeaky clean, anti-corruption politician. And Biden is connected to the old ‘you scratch my back I’ll scratch yours’ politics.” Questions over the appropriateness of Hunter Biden having a job at a Ukrainian company while his father oversaw Ukrainian policy for the Obama administration have already been voiced. Mr Trump has shown no sign of backing off from demanding the Bidens be investigated despite that being at the very heart of the impeachment proceedings he now faces. That will no doubt continue in the coming months, however unfounded the allegations. Whether Democrat voters now rally to Mr Biden’s side or get cold feet remains to be seen.

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Parents plead not guilty to abandoning daughter. Records show they legally changed her age

Parents are accused of abandoning their adopted daughter and moving the rest of the family to Canada.

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Trump Impeachment Is a Market Nothingburger—for Now

(Bloomberg) -- Subscribe to What Goes Up on Apple PodcastsSubscribe to What Goes Up on Pocket CastsSubscribe to What Goes Up on Spotify House Speaker Nancy Pelosi’s decision to open a formal impeachment inquiry over President Donald Trump’s attempt to get Ukraine to dig up dirt on former Vice President Joseph Biden exploded in the news this week, sending a shudder through America’s political foundation. For investors though, it triggered a simple question: How should I trade this?Natixis Investment Managers Chief Market Strategist Dave Lafferty and Bloomberg reporter Luke Kawa join this week’s “What Goes Up’’ to break it all down.“In the near term, it doesn’t strike me as something tradeable,” said Lafferty. “We don’t know what we don’t know at this point; we don’t know what the revelations will be.” As 2020 approaches, however, “it has a lot of real market implications going into the election.”Lafferty also discusses using game theory to analyze how the impeachment proceedings may affect Trump’s trade war, and how central bank stimulus is having diminishing effects. “Super accommodative policy 10 years on now serves to undermine investor and consumer confidence, more than it does to instill it,” he said.Mentioned in this podcast: Impeachment Latest Risk for Markets on Edge Over Trade, Growth Trump Whistle-Blower Goes Where Mueller Never CouldTo contact the authors of this story: Sarah Ponczek in New York at sponczek2@bloomberg.netMichael P. Regan in New York at mregan12@bloomberg.netTo contact the editor responsible for this story: Magnus Henriksson at mhenriksso10@bloomberg.net, David RovellaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.