Saturday
Serena Williams juggles motherhood, fashion while chasing history
While Serena Williams chases tennis history at the US Open, she’s also planning a fashion show and spending as much time as she can with baby daughter Olympia.
The 37-year-old American advanced to the fourth round at Flushing Meadows on Friday by defeating Czech Karolina Muchova 6-3, 6-2 in only 74 minutes.
Williams, seeking her 24th Grand Slam title to match the all-time record set by Margaret Court, will play Croatian 22nd seed Petra Martic on Sunday for a quarter-finals berth.
But she’s spending precious rest time preparing for her clothing line’s presentation at Fashion Week, next week’s apparel spectacular in New York.
And the six-time US Open champion finds that the feeling of missing her daughter is tougher than what opponents put her through.
“The toughest thing right now is being away from my daughter. That’s the only thing that’s tough,” said Williams, who often trains early to spend the rest of her day with Olympia.
“In tournament schedule, it’s totally different, so I’m kind of pushed out of my usual day-to-day life — ‘Oh, my God, I’m not with her,'” Williams said.
“That has been the most, I mean ‘the’ toughest, thing I’ve ever dealt with in my career.”
Two years ago, Williams suffered a lung blood clot during labor while giving birth to Olympia, sparking major concerns and a significant hospital stay.
“I don’t really think about it, but it’s cool,” she said. “I think two years ago I had things attached to my arm, IVs, and it was a miracle that happened, having my baby. It was really a great day for me.
“Then it all went downhill. It all went downhill after that for a good five days. But I’m here and I’m going to be reflecting on my opponent more than anything.”
‘Heart literally aches’
Now Williams feels sadness at leaving her baby for the tennis court.
“In the beginning she would really be upset when I left. And now she’s a little bit better. I think I’m a little more upset,” Williams said.
“It’s hard. Sometimes my heart literally aches when I’m not around her. But it’s good for me, I guess, to keep working — and just to all moms out there that it’s not easy. It’s really kind of painful sometimes. Sometimes you just have to do what you have to do.”
This week, that means work matches around New York Fashion Week plans for her clothing brand.
“I’m obviously super hands-on,” she said. “Right now I’m actually working on the order I want the outfits to go down (the runway), which is shocking. Last night I was making notes on alterations on the fit model.
“I’m like, ‘OK Serena, make sure you stay focused on your tennis.’ But also, I do want to have a successful brand.”
“I’m definitely dedicated to tennis, but I’m definitely going to go home and I have a huge board where I’m going to lay out the order of the show.”
source: sports.inquirer.net
Labels:
2019 US Open,
Fashion Show,
Mother,
Motherhood,
Olympia,
Serena Williams,
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Friday
World Cup: Venezuela basketball team hopes to send home some good news
BEIJING — Venezuela’s basketball team hopes to send some good news back to a country suffering through economic sanctions and a political crisis that has forced millions to flee in recent years.
The mission starts Saturday in Beijing when Venezuela faces Poland on the opening day of the basketball World Cup in China.
Venezuela made it to the Rio de Janeiro Olympics three years ago, only its second Olympic appearance. The World Cup in China could be an avenue to help Venezuela advance again. But it’s a long shot.
“We’re always going to be the underdog,” Venezuela forward Michael Carrera said in an interview with The Associated Press. “We don’t worry about that. Nobody is expecting us go to into the next round. But anything can happen.”
Venezuela won only one of its five games at the Olympics, but that lone victory was against China. That will inspire confidence with China, Ivory Coast and Poland in Venezuela’s wide-open group.
There are eight, four-team groups scattered at eight venues across China with the top two teams advancing from each group to the second round.
“We love being in the shadows,” Carrera said.
Venezuela will also be trying to beat a European team for the first time in an official game. In this case, Poland.
“Venezuela is a battle-tested team,” said Mike Taylor, Poland’s American-born coach. “They play with tremendous energy and physicality. They like to impose physicality on the opponent.”
China will have a powerful home-court advantage playing at the Wukesong Arena, which was built for the 2008 Olympics. It has since been renamed the Cadillac Arena. It will also be the venue for the World Cup semifinals and final.
“Looking back at the 2008 Olympics, we look at this as our Olympics,” said Yi Jianlian, the only player from China’s 2008 team still playing at the World Cup. “We want to look at this tournament as the same thing, as our basketball World Cup.”
Neither China nor Venezuela will be among the favorites this time with the United States, Serbia, Greece, Australia and France probably in that role. The majority of the Americans’ best players are sitting out the World Cup, creating a balanced field at the top.
Carrera said he was playing three years ago at the University of South Carolina and could only watch the Rio Olympics on television. This time he could be there if Venezuela qualifies for Tokyo.
“That would be awesome, something to dream about,” Carrera said.
Venezuela is again led by power forward Nestor Colmenares, who scored 16 points in Venezuela’s 72-68 victory over China in Rio de Janeiro.
If Venezuela pulls off a few upsets in China, it won’t be the first time. They stunned Canada and Argentina in 2015 in Mexico to reach the Olympics, playing against two teams sporting lots of NBA talent.
“We know that we are lacking the resources and the players to be able to compete at the very top level,” team spokesman Luis Vargas said. “But we have a very tough defensive team and their spirit makes the impossible, possible.”
Venezuela coach Fernando Duro said the biggest problem is preparation and the fact there is little competitive basketball being played at home. Seven of the players are off one club team — Guaros de Lara.
“Right now the internal problem is that basketball is not mobilized in the country,” Duro said. “Let’s hope this World Cup helps Venezuelan basketball to develop.”
Carrera said players try to block out the crisis at home. And he repeated over and over “one game at a time, one game at a time.”
“Of course,” Carrera said, “we would love to give all Venezuelans — it doesn’t matter what color, what side of the government — some happiness to all the people back there.”
source: sports.inquirer.net
Labels:
Basketball,
Fiba World Cup,
Sports,
Venezuela
Thursday
OxyContin Maker Negotiates $12B Settlement
Purdue Pharma and the thousands of state and local governments suing the maker of OxyContin over the nation’s deadly opioid crisis are negotiating a $10 billion to $12 billion settlement under which the Sackler family would give up ownership of the company, according to published reports.
Under the proposal now on the table, the Sacklers would contribute $3 billion of their own money toward the total, and the company would file for Chapter 11 bankruptcy and transform itself into a “public beneficiary trust,” with all profits from drug sales going to the plaintiffs, The New York Times reported Wednesday. It said a document outlining the tentative agreement was described to the newspaper.
Also, Purdue Pharma would supply its addiction treatment drugs free to the public, and the Sacklers would sell another pharmaceutical company, Mundipharma, which would add $1.5 billion to the settlement, the Times said.
In a statement, the Stamford, Connecticut-based company did not confirm any of the details — some of them also reported by NBC — but said it sees little good in years of “wasteful litigation and appeals.”
“Purdue believes a constructive global resolution is the best path forward, and the company is actively working with the state attorneys general and other plaintiffs to achieve this outcome,” it said.
Paul Farrell Jr., a lead plaintiffs’ lawyer representing local governments, said all sides remain under a gag order:
“All we can confirm is that we are inactive settlement discussions with Purdue.”
Attorneys general representing several states also confirmed the accelerated negotiations.
“Our mission here has always been clear — make Purdue Pharma and the other manufacturers and distributors pay for what they did to Pennsylvania and its people, and put the Sackler family out of the opioid business for good,” said Jacklin Rhoads, spokeswoman for Pennsylvania Attorney General Josh Shapiro, whose office is taking part in the Cleveland negotiations.
The settlement talks involve more than 2,000 lawsuits against the company and other players in the painkiller industry over the opioid overdose epidemic that has killed more than 400,000 people in the U.S. since 2000 and torn apart communities.
The first federal trial over the devastating toll is scheduled to start in Cleveland in two months.
Purdue has been cast by attorneys and addiction experts as a chief villain in the crisis.
While its painkillers represent a very small piece of the opioid market, the lawsuits accuse it of playing a central role in creating demand for the drugs by downplaying OxyContin’s addiction risks and pushing doctors hard to prescribe it.
New York Attorney General Letitia James said in a statement that the Sackler family “started a national fire” and has “made billions profiting from death and destruction.”
The Sacklers were ranked America’s 19th-richest family by Forbes magazine in 2016, with a net worth estimated at $13 billion.
In March, Purdue and the Sackler family reached a $270 million settlement with Oklahoma over the opioid scourge.
On Monday, an Oklahoma judge found Johnson & Johnson responsible for fueling the state’s opioid crisis and ordered the maker of such familiar household products as Band-Aids and baby powder to pay $572 million to help clean up the problem.
It was the first opioid lawsuit brought against the industry by a state to go to trial, and activists expressed hope the verdict would turn up the pressure on other companies to settle.
Members of the Sackler family are major philanthropists who have given money to cultural institutions around the world, including the Smithsonian Institution, New York City’s Metropolitan Museum of Art and London’s Tate Modern. But in recent months, institutions have come under pressure to sever ties to the Sacklers and take the family name off their walls.
source: usa.inquirer.net
Novak Djokovic deals with pain, Roger Federer faces deficit at US Open
NEW YORK — Maybe, just maybe, Novak Djokovic and Roger Federer are feeling some lingering after-effects of their historic Wimbledon final last month.
For Djokovic, it’s in the form of a left shoulder that is hurting right now and probably contributed to slower-than-usual serves in the U.S. Open’s second round Wednesday night.
For Federer, it’s in the form of slow starts: He’s lost the opening set each of his first two matches at Flushing Meadows for the first time in 19 times he’s entered the Grand Slam tournament.
If they’re going to reprise their rivalry late next week in the semifinals, both will need to improve.
Djokovic was repeatedly visited by a trainer for shoulder massages at changeovers during a ragged 6-4, 7-6 (3), 6-1 victory over 56th-ranked Juan Ignacio Londero of Argentina. Djokovic is a righty, of course, but he uses his other hand both for ball tosses on serves and on his two-fisted backhand — and both were less effective for stretches.
“I was definitely tested. This is something I’ve been carrying for a quite a while now,” said Djokovic, who repeatedly shook his left arm between points while serving in his first-round match Monday and did that again this time. “It wasn’t easy playing with the pain and you have to fight and hope you get lucky with some shots.”
Even though he won for the 35th time in his past 36 Slam matches, including in a fifth-set tiebreaker against Federer at the All England Club on July 14, the Serb looked uncomfortable and went away for stretches, including trailing 3-0 in the second set.
Asked how he plans to prepare for his next match Friday, Djokovic replied with a laugh: “I’ll probably freeze my arm for 48 hours, not do anything with it, and then see what happens.”
Federer, meanwhile, is not about to start trying new tricks now, despite needing to come back twice already.
He got to the third round by beating Damir Dzumhur 3-6, 6-2, 6-3, 6-4 on an afternoon when rain postponed all but nine scheduled singles matches and every doubles contest.
Still, it’s not as if the guy is going to seek some sort of magic solution. Working up more of a sweat in the gym before heading to the court, say. Or playing an extra practice set.
What he chose to focus on, instead, is looking on the bright side: “Can only do better,” Federer said, “which is a great thing, moving forward.”
At a Flushing Meadows flush with surprises so far — half of the top 12 seeded men already were gone by the time Federer stepped into Arthur Ashe Stadium — he cleaned up his act quickly.
Indeed, Federer was one of the lucky ones who will stay on the usual play-one-day, get-a-day-off Grand Slam schedule. Only matches at Ashe or Louis Armstrong Stadium, the event’s two arenas with a retractable roof, were held.
That included a loss by two-time champion Venus Williams to No. 5 seed Elina Svitolina, and victories for No. 2 Ash Barty, No. 3 Karolina Pliskova and 2017 runner-up Madison Keys on the women’s side, and a win for No. 7 Kei Nishikori on the men’s.
The night program included Williams’ younger sister, Serena, against 17-year-old American Caty McNally.
“You go through a little phase where you don’t start so well and everybody asks you right away, ‘What are you going to do?’ You’re like, I don’t know. Just go back to the drawing board. Just do the same things again. You hope for a better outcome,” said Federer, owner of a total of 20 major trophies, four ahead of Djokovic. “I don’t think there is, per se, a secret to a good start, other than warming up well, being well-prepared mentally, not underestimating your opponent. I did all of that. You know me, I will always do that.”
He also ceded the first set to 190th-ranked Sumit Nagal of an eventual four-set victory Monday.
Federer called that pattern “just a bit frustrating, more than anything, especially when the level is that low and there is that many errors and the energy is not kind of there.”
Against Dzumhur, who is ranked No. 99 now but has been as high as No. 23, Federer fell behind 4-0 after all of 15 minutes. He was sluggish and his shots were off-target, to the tune of 12 unforced errors within the match’s first 19 points.
“Basically,” Federer concluded, “the entire set, just sort of donated.”
Hardly ideal, on this particular day or in the big picture: Never in the 107-year history of the tournament has a man gone on to claim the trophy after losing the first set in both of his first two matches.
What matters right now, of course, is that Federer is still in the draw.
Borna Coric, who was seeded 12th, was the latest to exit, withdrawing because of a lower back strain before he was supposed to face Grigor Dimitrov on Wednesday. That followed losses Tuesday by a quartet of top-10 men all on Rafael Nadal’s half of the bracket: No. 4 Dominic Thiem, No. 8 Stefanos Tsitsipas, No. 9 Karen Khachanov and No. 10 Roberto Bautista Agut.
source: sports.inquirer.net
Labels:
Novak Djokovic,
Roger Federer,
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Tuesday
Dwight Howard returns to Lakers 6 years after departure
LOS ANGELES — Dwight Howard rejoined the Los Angeles Lakers on Monday, six seasons after his acrimonious departure.
The eight-time All-Star center and 15-year NBA veteran is the Lakers’ improbable choice to fill the sudden roster vacancy created by DeMarcus Cousins’ knee injury.
Howard spent one memorable season with the Lakers in 2012-13 after joining the club with Steve Nash in Los Angeles’ high-risk attempt to create an immediate championship contender. While he led the NBA in rebounding and valiantly played through injuries, Howard also clashed with Kobe Bryant and subsequently spurned Los Angeles as a free agent after the Lakers lost in the first round of the playoffs.
He bounced to six franchises after his departure, while the Lakers haven’t made the NBA postseason in those ensuing six seasons.
Howard has been aggressively booed at Staples Center ever since he took significantly less money than the Lakers offered him and joined the Houston Rockets instead.
Howard appeared in nine games last season after joining Washington, but he hasn’t played since November after undergoing spinal surgery. When healthy with the Charlotte Hornets in 2017-18, Howard averaged 16.6 points and 12.5 rebounds per game.
The 33-year-old Howard will take over the role expected to be filled by Cousins, who tore his knee ligament shortly after signing with the Lakers last month. Cousins could miss the entire upcoming season, so Howard will team with JaVale McGee and Anthony Davis to play center for Los Angeles.
With career averages of 17.4 points, 12.7 rebounds and 2.0 blocked shots per game, Howard is undeniably one of the greatest big men of his generation. But he has been criticized throughout his career for his attitude and locker room presence, and he made few fans in Los Angeles.
Howard’s impending return to LA over the past week generated conflicting feelings among Lakers fans online, but Howard clearly persuaded the Lakers he can be a strong supporting player and a good teammate when he worked out for the club.
The Lakers had locker room upheaval last season, but it was caused mostly by developments outside the room — particularly the front office’s ultimately fruitless pursuit of Davis in a midseason trade. LeBron James and Rajon Rondo emerged as leaders in their first season with the club, and they’ll again be in charge of a roster with several major changes.
The Lakers waived forward Aric Holman to create a roster spot for Howard.
source: sports.inquirer.net
Labels:
Basketball,
Dwight Howard,
Los Angeles Lakers,
NBA,
Sports
Priest accused of stealing church funds for Grindr dates, arrested
A priest was arrested last Wednesday, Aug. 21 after being accused of stealing money from his church in Pennsylvania, United States.
Father Joseph McLoone, 56, of St. Joseph’s Catholic Church allegedly diverted $98,405 (around P5.1 million) in donation checks written to the church into a separate bank account.
McLoone opened the account in 2011 and named it “St. Joseph Activity Account,” as per New York Post last Wednesday, Aug. 21.
Aside from donations, investigators found out that the money had also come from fees paid to the church for weddings and funerals. He doubled the stipend he received from the said events held at his church.
McLoone allegedly used the unauthorized bank account to pay for travel, dining and his beach house in Ocean City, New Jersey. Meanwhile, he admitted to spending some of it on sexual relationships with other men he met on the gay dating application, Grindr.
McLoone deposited $1,200 (almost P63,000) into the commissary account of a prisoner in a New York prison, as per the criminal complaint. The prisoner, identified in court documents as Brian Miller, was never a Pennsylvania resident and has no connection to the priest’s church.
According to the complaint, McLoone said Miller lived in New York City and that they met via Grindr for a sexual relationship.
The priest also allegedly made 17 different payments to other men he met on the gay dating application. The payments totaled to $1,720 (about P90,000) and were made between April 2015 and April 2017, the report stated further.
The archdiocese of Philadelphia launched an investigation last August, as per their statement on the same day. Following the investigation, McLoone was placed on administrative leave and replaced with a new pastor.
The statement claimed McLoone acknowledged some expenses were for “personal expenses of an inappropriate nature.”
McLoone faces felony theft charges and his bail has been set at $50,000 (P2.6 million). Ryan Arcadio/JB
source: newsinfo.inquirer.net
Pitcher discovered on social media lands chance with Oakland A’s
OAKLAND, Calif. — Nathan Patterson never even made the varsity baseball team as a middle infielder during high school back home in Kansas.
In fact, he’d strayed far from the game — running his own landscaping business and working various other jobs that included sales and software — before baseball came back into his life when he least expected it.
If that was the whole story, Patterson’s journey to the Oakland Athletics’ rookie ball team would have been remarkable, yet the way the pitcher got discovered made it even crazier yet: He became an instant social media sensation.
In Colorado for a family reunion to celebrate his grandmother’s 80th birthday last month, Patterson wound up at a Rockies game with time on his hands because of a rain delay. He and his brother tried out the speed-pitch challenge cage at Coors Field just for fun. His brother, Christian, hit 83 mph and the booth operator congratulated him on the top speed of the day.
Then Patterson took his turn, spending about $5 total for all the tosses.
The radar gun read: 90-94-94-96-95-96.
He might have even had a couple of beers in his system.
His brother’s video of the throws quickly took off on social media.
“Guys, we were just chillin at a @rockies baseball game, and my brother decided to step into a speed pitch challenge…he hit 96 mph ?? @MLB Let’s get him signed!” Christian posted on Twitter with the video.
Then, Christian sent a social media update that read, “And 2 weeks later…he’s now a professional athlete” featuring photos of Patterson signing his contract in full green and gold A’s gear.
“It’s become more and more real now,” the 23-year-old Patterson said. “There’s kind of a misconception that I threw a ball … almost a month ago and got signed, a misconception that there was no work or sacrifice that went into it when in reality there was a ton of work and a lot of sacrifices over the last year that got me to being where I am today.”
An elbow fracture discovered when Patterson was playing on a showcase team the summer before his senior year in high school kept him from playing baseball that final season at Blue Valley High in Overland Park, Kansas. Just 5-foot-8 and 140 pounds when he graduated, Patterson is now 6-1, 185 pounds.
There were also complications that derailed his rehab. He “wasn’t ever able to really get 100%” healthy, so Patterson pushed aside any college baseball hopes and enrolled in community college courses. He lasted only two months before dropping his four classes to run the landscaping business that took off and became so busy that he and a friend needed to hire employees.
When Patterson realized about a year later in June 2015 that “sun up to sun down” lawn care and landscaping wasn’t his life path and he wanted to “go experience the world,” he used Google to determine where he would go next. Austin, Texas, came up as No. 1 when he searched for “coolest places to live when you’re young and single,” so he told his friends and family that’s where he would move.
He met his girlfriend in Austin. Fast forward and she was promoted and they wound up moving to Nashville, where Patterson was able to work remotely for the software company he had joined. Last summer, his family visited and they went to a Nashville Sounds Triple-A game, with the ballpark close to where Patterson lived. That’s when he initially tried out one of those pitch-speed booths, hit 96 mph on his final throw and realized he had quite an arm — even with his background being as an infielder.
“Blew my own mind, honestly,” he said.
A coach saw him and immediately encouraged Patterson to play baseball, if not collegiately then in the pros. So a couple of weeks later Patterson began contemplating the idea of chasing a lost dream once more, as a pitcher.
But last December, Patterson’s plan to resume baseball was stalled again when he got hit by a car while riding his electric longboard. He broke the wrist on his left, non-throwing hand and needed surgery.
“It was a very, very sad day, like all this work over the last two months was for nothing,” he recalled.
Patterson returned to Kansas City for two weeks at Christmas last year and his family urged him to push on. By January he was throwing off a mound again in Nashville with a cast on the other hand, and that’s when about 20 colleges came calling along with a handful of major league organizations. Patterson hired an agent.
He also began working closely with Jarrod Parker, who played for the A’s before a pair of Tommy John surgeries forced him out of the game. Parker opened Parker Sports Performance last September in Nashville, and Patterson was one of the first athletes to participate in a regular training program at the center.
“Lucky enough to have him walk through the door first of all,” Parker said. “Rarely do people get that kind of chance. Usually it’s kind of that pipe dream. He came in and put his nose to the ground. We threw so much at the kid when he was here to prep him for the situation.”
The A’s signed Patterson, who struck out the side in order during his first pro appearance Aug. 15. His second outing wasn’t as smooth with Patterson giving up three runs on two hits in two innings. Then Sunday night, in his final start before the rookie ball season concludes Monday, Patterson struck out two and retired the first eight hitters he faced before being pulled after a two-out single in the third.
Now, Patterson gets stopped for photos or to sign a baseball — “You’re that guy,” people will say.
“What guy?” Patterson responds.
He knows there’s plenty still to do on the way to his goal of pitching in the big leagues one day.
“The first few days, weeks, it was just surreal,” Patterson said. “But talking with my family, my dad, he’s like, ‘Nathan, this isn’t surreal any more, this is real, you are living this, you are an athlete, you are good, you are talented, you are athletic, just live this, enjoy it, absorb every single day.’”
source: sports.inquirer.net
Labels:
Baseball,
Middle Infielder,
MLB,
Nathan Patterson,
Oakland Athletics,
Sports
Monday
Asian shares tumble as US-China trade war renews uncertainty
TOKYO – Asian shares tumbled Monday after the latest escalation in the U.S.-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next.
Japan’s benchmark Nikkei 225 started plummeting as soon as trading began and stood at 20,234.87 in the morning session, down 2.3%.
Australia’s S&P/ASX 200 slipped 1.5% to 6,427.20. South Korea’s Kospi lost 1.7% to 1,916.14.
Hong Kong’s Hang Seng dropped 3.3% to 25,309.37, while the Shanghai Composite was down 1.2% at 2,862.87.
Stephen Innes, managing partner at Valour Markets in Singapore, compared the difficulty of assessing the volatile market situation to reading tea leaves.
“Nobody understands where the president is coming from,” he said, adding that the best thing Trump can do for market stability is to “keep quiet.”
“The problem that we’re faced right now is that we are making a lot of assumptions ahead of the economic realities.”
The market is now dominated by fears of a portending U.S. recession, although the American economy is actually holding up, and much of the U.S. economy is made up of consumption, Innes said. If interest rates come down, he added, consumer spending is likely to go up, working as a buffer for the economy.
“What the market’s really waiting for is for them to drop interest rates,” Innes said. “Right now, we are still sitting on that uncertainty.”
The Dow Jones Industrial Average plunged more than 600 points Friday after the latest escalation in the trade war between the U.S. and China rattled investors. The broad sell-off sent the S&P 500 to its fourth straight weekly loss.
The tumbling began after Trump responded angrily on Twitter following China’s announcement of new tariffs on $75 billion in U.S. goods. In one of his tweets he “hereby ordered” U.S. companies with operations in China to consider moving them to other countries — including the U.S.
Trump also said he’d respond directly to the tariffs — and after the market closed he delivered, announcing that the U.S. would increase existing tariffs on $250 billion in Chinese goods to 30% from 25%, and that new tariffs on another $300 billion of imports would be 15% instead of 10%. Those announcements are likely to influence stock markets in Asia when trading opens there Monday.
The ongoing trade dispute between Washington and Beijing, and especially its unpredictability, is certain to have damaging effects on Asia. The unpredictability affects the real decisions central banks make on fiscal policy and companies make on their strategies and investments, setting off ripples of uncertainty.
Zhu Huani of Mizuho Bank in Singapore said what he called Trump’s “tariff tantrum” was setting off “the sense that tariffs could continue to rise,” with the “the unpredictability of timing and extent of these trade actions risk accentuating the paralysis of business decisions and big-ticket business spending.”
The S&P 500 fell 75.84 points, or 2.6%, to 2,847.11. The index is now down 4.5% for the month. It’s still up 13.6% for the year. The Dow lost 623.34 points, or 2.4%, to 25,628.90. The average briefly dropped 745 points. The Dow has had five declines of 2% or more this year, with three of them coming this month. The Nasdaq gave up 239.62 points, or 3%, to 7,751.77. The Russell 2000 index of smaller company stocks skidded 46.52 points, or 3.1%, to 1,459.49.
Trump also said Friday morning that he was “ordering” UPS, Federal Express and Amazon to block any deliveries from China of the powerful opioid drug fentanyl. The stocks of all three companies fell as traders tried to assess the possible implications.
The price of benchmark crude fell 71 cents to $53.46 a barrel. It sank $1.18, or 2.1% to settle at $54.17 a barrel Friday, as traders worried that the latest escalation in the trade battle could sap global demand for energy. Brent crude oil, the international standard, fell 63 cents to $58.71 a barrel.
The dollar fell to 105.24 Japanese yen from 106.65 yen Friday. The euro strengthened to $1.1145 from $1.1057. /gsg
source: business.inquirer.net
Labels:
Asian Shares,
Business,
Donald Trump,
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Sunday
Strip down, saddle up: Naked bikers hit Philadelphia streets
PHILADELPHIA – Hundreds of bicyclists have been caught with their pants down — and their shirts and underwear off, too.
The cyclists gathered in a Philadelphia park on Saturday to disrobe before saddling up and setting off on the annual Philly Naked Bike Ride.
About 3,000 riders pedal a 10-mile (16-kilometer) course around the City of Brotherly Love while taking in sights including Independence Hall and the Liberty Bell, organizers say.
Some riders wear their birthday suits while others flaunt their underwear or sport just a splash of body paint and glitter.
Melanie and James O’Connor, who painted each other’s nude body in multiple colors, were riding for the seventh time.
“We run around naked a lot,” he said.
The couple met at the 2012 ride and have been together since.
“I took a picture of him the moment we met, and seven years later we’re still naked,” she said.
The ride is to promote positive body image, advocate for the safety of cyclists and protest dependence on fossil fuels, a major issue for Oren Roth-Eisenberg, who participates every year.
“I call it my Christmas, the happiest day of the year,” he said, while having a message advocating for less gas consumption painted on his torso by his wife. “It’s the intersection of the happiest day and the most important thing.”
The Philly Naked Bike Ride used to be held in September but was moved up to August because the nude and scantily clad participants complained about chilly weather. /gsg
source: newsinfo.inquirer.net
Sergey Kovalev stops Anthony Yarde to retain WBO light heavyweight title
CHELYABINSK, Russia — Sergey Kovalev knocked out Anthony Yarde on Saturday to retain the WBO light heavyweight title in his first defense since winning back the belt in February.
Kovalev was rocked by heavy punches from the British challenger in the eighth round but Yarde tired, allowing Kovalev to floor him with a left jab in the 11th.
After Yarde’s eighth-round flurry, Kovalev’s trainer Buddy McGirt warned the Russian veteran he would throw in the towel if he kept taking punishment.
It is one month since another Russian fighter trained by McGirt, Maxim Dadashev, died from injuries sustained in the ring. The light welterweight suffered a brain injury against Subriel Matias despite McGirt intervening to stop the fight when Dadashev took heavy punches to the head.
“It’s hard for me now when everyone is celebrating, and I have to think about him,” Kovalev said, referring to Dadashev.
The previously unbeaten Yarde (18-1) hadn’t gone beyond seven rounds before Saturday and appeared exhausted in the latter stages. He has had just 12 fights in the amateur ranks and 18 as a professional.
It was the 16th consecutive world title fight for Kovalev (34-3-1). He lost his belt to Eleider Alvarez in August 2018 but won it back in a rematch six months later.
Kovalev, who was hugged in the ring by his mother at the end, was fighting in Russia for only the fourth time as a pro.
He could now be heading for a big-money bout with middleweight champ Saul ‘Canelo’ Alvarez.
“Canelo is a great fighter and if he wants to fight, I am ready,” he said.
source: sports.inquirer.net
Labels:
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Saturday
‘The Bachelor’ star gets suspended sentence in fatal crash
INDEPENDENCE, Iowa — A farmer who appeared on ABC’s “The Bachelor” has accepted a suspended two-year prison sentence for his role in a 2017 Iowa crash that killed another man.
Court records show that Chris Soules entered written consent documents on Friday agreeing to the suspended sentence and supervised release. He also agreed to pay a $625 fine. A judge must still sign off on the sentencing. Soules had been set to appear for sentencing on Tuesday. In light of the agreement, he waived his right to appear for sentencing.
Soules pleaded guilty in November to a reduced charge of leaving the scene of a serious injury accident for the April 2017 crash that killed 66-year-old Kenny Mosher. Soules was arrested after he rear-ended Mosher’s tractor. Soules called 911, performed CPR on Mosher and waited for first responders, but left the scene before officers arrived.
Soules appeared on “The Bachelor” and “Dancing With The Stars” in 2015. NVG
source: entertainment.inquirer.net
Labels:
Car Accident,
Car Crash,
Chris Soules,
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US New Home Sales Drop 12.8% in July
Sales of new U.S. homes fell a steep 12.8% in July, but the drop came after revisions to June sales showed the sales highest growth in 12 years.
The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That’s down from a sharply revised upward rate of 728,000 in June. So far this year, sales have risen 4.1%, a sign that buyers are beginning to respond to lower mortgage rates.
The volatility in home sales reflects broader uncertainty in the housing market. Buyers have been eager to take advantage of wage growth and historically-low mortgage rates. The average rate on a 30-year loan declined to 3.55% this week, according to mortgage buyer Freddie Mac. The revisions to the June figure, coupled with a rebound in existing home sales in July according to data released by the National Association of Realtors, show sales reacting largely well to lower borrowing costs.
However, the rush has further constrained inventories at a time when new construction is limited. Robert Frick, a corporate economist at Navy Federal Credit Union, said that while the revised June figures were a positive sign for the market, low inventory remained the core problem dragging home sales growth.
“The average sales price for a new home was $388,000, and half of the home buyers are looking for a sub $300,000 home. Until more, less expensive homes and condos come to market, millions of Americans will be shut out of homeownership,” Frick said.
A big 50% jump in sales in the Northeast was offset by declines in the West, Midwest, and South this month.
The median sales price fell to $312,800. That is down 4.5% from a year ago but marks the highest level since April.
source: usa.inquirer.net
The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That’s down from a sharply revised upward rate of 728,000 in June. So far this year, sales have risen 4.1%, a sign that buyers are beginning to respond to lower mortgage rates.
The volatility in home sales reflects broader uncertainty in the housing market. Buyers have been eager to take advantage of wage growth and historically-low mortgage rates. The average rate on a 30-year loan declined to 3.55% this week, according to mortgage buyer Freddie Mac. The revisions to the June figure, coupled with a rebound in existing home sales in July according to data released by the National Association of Realtors, show sales reacting largely well to lower borrowing costs.
However, the rush has further constrained inventories at a time when new construction is limited. Robert Frick, a corporate economist at Navy Federal Credit Union, said that while the revised June figures were a positive sign for the market, low inventory remained the core problem dragging home sales growth.
“The average sales price for a new home was $388,000, and half of the home buyers are looking for a sub $300,000 home. Until more, less expensive homes and condos come to market, millions of Americans will be shut out of homeownership,” Frick said.
A big 50% jump in sales in the Northeast was offset by declines in the West, Midwest, and South this month.
The median sales price fell to $312,800. That is down 4.5% from a year ago but marks the highest level since April.
source: usa.inquirer.net
Labels:
Construction,
Home Sales,
Homebuyers,
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Thursday
74-year-old man illegally castrates another man, arrested
An elderly man was arrested for castrating another man despite him not having a medical license to perform the operation.
Gary Van Rysywk did the procedure in a house in Florida, United States last Sunday, Aug. 18 as per the Highlands County Sheriff’s Office post on Facebook, Tuesday, Aug. 20.
Police were notified of the incident when they received a 911 call from the house, moments after the procedure failed.
Upon the officer’s arrival at the site, he was met by the 74-year-old. He then told the police he had just performed a castration on another man.
Authorities found the man in a room set up like a surgical center, on a bed with a towel over his heavily-bleeding groin.
Two body parts that “had recently been much closer to the victim” were discovered in a pink container nearby. There was also a camera set up to record the procedure.
The victim was then brought to a hospital and later flown to a regional medical center. According to the police, he is in stable condition.
Rysywk told authorities he met the patient on a website for people with a castration fetish. He assured the man he had previous experience with castration on animals. He also added that he successfully removed one of his own testicles in 2012.
Authorities found out that this was not the first time Ryswyk had attempted to castrate a man. Ryswyk admitted to conducting a similar procedure on a man in a local motel before. The attempt was also unsuccessful, with the man ending up in a hospital as well. Law enforcement was not notified of the said incident at the time.
Rysywyk was arrested on Monday, Aug. 19 with a bond of $250,000 (around P13 million). He was charged with practicing medicine without a license, resulting in bodily injury. JB
source: newsinfo.inquirer.net
Labels:
Arrest,
Castration,
Florida,
Highlands County Sheriff,
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Facebook rolls out ‘Clear History’ feature after months of delays
Facebook has begun rolling out a series of new features on Tuesday, Aug. 20, that will help users understand and manage their off-Facebook activity.
The most anticipated update of the collection? The Clear History tool.
Back in mid-2018, in the midst of the Cambridge Analytica scandal, Facebook chief executive officer Mark Zuckerberg promised that the platform will be gaining a privacy tool in “upcoming months.”
Over a year later, the tool has begun rolling out, but only in Ireland, South Korea and Spain for now. When a user opts to Clear History (which can be found in a new Off-Facebook Activity menu), information provided to Facebook by other smartphone applications will be erased.
If all goes according to the company’s plan and no other delays take place, the rest of the world is also expected to gain access to the Clear History tool. RGA/JB
source: technology.inquirer.net
Wednesday
Browns stars Baker Mayfield, OBJ rip NY Giants
BEREA, Ohio — Maybe it’s good the Browns and Giants won’t play this season.
They’re already trash-talking.
Comments by brash Cleveland quarterback Baker Mayfield and star receiver Odell Beckham Jr. created a stir at the training camps for both teams Tuesday, adding extra heat to brutally humid weather conditions.
Mayfield, the outspoken and uninhibited second-year QB, strangely took a swipe at the Giants and rookie quarterback Daniel Jones, the team’s first-round pick this year and potential heir apparent to Eli Manning.
In an interview with GQ, Mayfield said he was stunned the Giants would draft someone such as Jones, who played at Duke and was not considered one of the top QBs in this year’s class.
“Blows my mind,” Mayfield told the magazine, adding he thinks NFL teams are flawed in their quarterback evaluation. “Some people overthink it. That’s where people go wrong. They forget you’ve gotta win.”
Mayfield’s remarks were then presented to Jones, who was somewhat shocked by them because he doesn’t know Cleveland’s quarterback.
“I try not to listen to much that’s said,” Jones said. “I think I’ve done a pretty good job of that. I heard that before. I kind of have the same mindset, I certainly have a lot to focus on here, I have a lot to worry about here and I’m focused on that.”
He doesn’t have any background or known beef with Mayfield, which is why Jones was somewhat caught off guard.
“I have never spoken to him,” said Jones, who went 17-19 in college. “He has an opinion. A lot of people have opinions.”
While Mayfield’s feelings may have rubbed some the wrong way, first-year Browns coach Freddie Kitchens was unfazed.
Kitchens dismissed the idea that anything Mayfield says or does will make the Browns, who have huge expectations after a 7-8-1 season and the arrival of Beckham, any more of a target.
“We don’t care, all right?” Kitchens said, when asked if the bull’s-eye on the Browns had grown. “It is already on there so it does not matter. We will be ready to play. I do not know what a ‘bull’s-eye’ is,” he said. “I do not know what that is. Does anybody know? Does anybody know what a bull’s-eye is? If they are not trying to beat our ass and we are not trying to beat their ass, I do not know what else you do.
“That is what we are going to try and do, and hopefully, they try and do the same.”
Following practice, Mayfield posted on Instagram that his comments about Jones were taken out of context.
“This is not what I said … just so we’re clear,” Mayfield wrote. “I also said I was surprised I got drafted number one. Then was talking about the flaws in evaluating QBs. Where I brought up winning being important. Reporters and media will do anything to come up with a clickbait story. Heard nothing but good things and wish nothing but the best for Daniel.”
The former No. 1 overall pick is scheduled to meet with reporters Wednesday.
As for Beckham, he can’t seem to shake the Giants despite insisting he has moved on from his drama-filled days with them.
In a Sports Illustrated cover story, the three-time Pro Bowler said New York turned down better trade offers to send him to Cleveland in March. The Browns acquired Beckham and defensive end Olivier Vernon for guard Kevin Zeitler, safety Jabrill Peppers and first- and third-round picks.
“This wasn’t no business move,” he told SI. “This was personal. They thought they’d send me here to die.”
Shurmur, who spent part of last season sparring with Beckham or dealing with the endless theater that seems to follow him, chose not to engage any further with his former player.
“Quite frankly on our list of issues of the day it really doesn’t matter what Odell or Baker says,” Shurmur said. “There are many other things we probably should be discussing. Again, we wish him (Beckham) well and it was a trade. We said that all along, I said I would not comment on what he says about the situation.”
Beckham has acknowledged struggling in the weeks after the deal. He skipped almost all of Cleveland’s offseason program but he’s been adamant that he’s adjusted to his new team and city.
Kitchens believes Beckham.
“No doubt. When he came back, he was all in — exactly what he promised me he would do,” Kitchens said. “I trust him. He trusts me. I will not betray him. I do not think he will betray me.”
NOTES: Pro Bowl DE Myles Garrett missed practice with an unspecified illness. … Mayfield and Kitchens were presented with jerseys by Columbus Blue Jackets’ Nick Foligno and Brandon Dubinsky, who came to camp to show their support for the Browns. Kitchens followed the NHL club’s playoff run last season, and he’s amazed by the skill level it takes to play hockey. Has he ever tried the sport? “No, I am from Alabama,” he quipped. “There are no hockey sticks. There is a football, baseball and basketball and that is about it. ”
source: sports.inquirer.net
Labels:
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Hong Kong’s ‘front line’ protesters explain their stance
HONG KONG — On a recent sweltering Saturday, a day now reserved for protest in Hong Kong, a demonstrator named Wayne stepped past a row of plastic barricades, lifted a pair of binoculars and squinted.
Four hundred meters away, a line of riot police stood with full-length shields, batons and tear-gas launchers.
It was a familiar sight for Wayne after more than two months on the front lines of Hong Kong’s turbulent pro-democracy demonstrations. Along with hard hats and homemade shields, face-offs with police have become part of the 33-year-old philosophy professor’s new normal.
The stories of Wayne and three other self-described “front line” protesters interviewed by The Associated Press provide insights into how what started as a largely peaceful movement against proposed changes to the city’s extradition law has morphed into a summer of tear gas and rubber bullets. They spoke on condition they be identified only by partial names because they feared arrest.
The movement has reached a moment of reckoning after protesters occupying Hong Kong’s airport last week held two mainland Chinese men captive, beating them because they believed the men were infiltrating their movement.
In the aftermath, pro-democracy lawmakers and fellow demonstrators — who have stood by the hard-liners even as they took more extreme steps — questioned whether the operation had gone too far.
It was the first crack in what has been astonishing unity across a wide range of protesters that has kept the movement going. It gave pause to the front-liners, who eased off the violence this past weekend, though they still believe their more disruptive tactics are necessary to get the government to answer the broader movement’s demands.
The demands grew from opposing legislation that would have allowed Hong Kong residents to be extradited for trials in mainland China’s murky judicial system to pressing for democratic elections, Hong Kong leader Carrie Lam’s resignation and an investigation into allegations of police brutality at the demonstrations.
The protesters on the front lines are the ones who throw bricks at police and put traffic cones over active tear gas canisters to contain the fumes. They have broken into and trashed the legislature’s chambers, blocked a major tunnel under Hong Kong’s harbor, besieged and pelted police headquarters with eggs and halted rush-hour subways by blocking the train doors from closing.
To Lam, these are “violent rioters” bent on destroying the city’s economy. To China’s ruling Communist Party, their actions are “the first signs of terrorism.”
To these most die-hard protesters, there’s no turning back.
“The situation has evolved into a war in Hong Kong society,” said Tin, a 23-year-old front-line demonstrator. “It’s the protesters versus the police.”
___
When Hong Kong’s youth banded together for this summer’s protests, they established a few rules: They would not have clear leaders, protecting individuals from becoming symbols or scapegoats. And they would stick together, no matter their methods.
The peaceful protesters would not disavow the more extreme, sometimes violent tactics of the front-liners, who would distract the police long enough for others to escape arrest.
These were lessons learned from 2014, when the Occupy Central pro-democracy movement fizzled after more than two months without winning any concessions. Many involved feel internal divisions partly led to defeat.
Chong, a 24-year-old front-liner, said everyone’s opinion is heard and considered, and they decide on the right path together. But no decision is absolute: The demonstrators have pledged to not impede actions they may disagree with.
Two massive marches roused Chong and others who had given up on political change after the failure of Occupy Central, also dubbed the Umbrella Revolution.
On consecutive weekends in June, hundreds of thousands of people took to the streets to oppose the extradition bill. It struck at fears that China is eroding civil rights that Hong Kong residents enjoy under the “one country, two systems” framework.
“I didn’t think I would ever do this again,” said Chong, who quit his job as an environmental consultant to devote himself to the protests. “But this time, society is waking up.”
On June 12, three days after the first march, protesters blocked the legislature and took over nearby streets, preventing the resumption of debate on the extradition bill. Police responded with tear gas and rubber bullets.
Lam suspended the bill indefinitely the day before the second march, but it didn’t mollify the protesters, who turned out in even greater numbers.
As their demands expanded, Lam offered dialogue but showed no signs of giving ground.
That’s when hard-liners like Chong and Wayne became convinced that peaceful protest might not be enough.
They blocked roads with makeshift barricades and besieged the Chinese government’s Liaison Office in Hong Kong, defacing the national seal over its entrance. Week after week, they clashed with police, who became an object of their anger. Every round of tear gas only seemed to deepen their conviction that the government did not care.
“We’ve had numerous peaceful protests that garnered no response whatsoever from the government,” said J.C., a 27-year-old hairstylist who quit his job in July. “Escalating our actions is both natural and necessary.”
Then came the “white shirt” attack. On July 21, dozens of men beat people indiscriminately with wooden poles and steel rods in a commuter rail station as protesters returned home, injuring 44. They wore white clothing in contrast to the protesters’ trademark black.
A slow police response led to accusations they colluded with the thugs. Police Commissioner Stephen Lo said resources were stretched because of the protests.
Many saw the attack as proof police prioritized catching demonstrators — around 700 have been arrested so far — over more violent criminals. That view has been reinforced by other images, including police firing tear gas at close range and a woman who reportedly lost vision in one eye after being hit by a beanbag round shot by police.
Each accusation of police brutality emboldens the hard-core protesters to use greater violence. Gasoline bombs and other flaming objects have become their projectiles of choice, and police stations are now their main target.
___
In this cauldron of growing rage, the protesters set their sights on Hong Kong’s airport.
Hundreds of flights were canceled over two consecutive nights last week as protesters packed the main terminal, blocking access to check-in counters and immigration.
While the major disruption of one of the world’s busiest airports got global attention, it was the vigilante attacks on two Chinese men that troubled the movement.
In a written apology the following day, a group of unidentified protesters said recent events had fueled a “paranoia and rage” that put them on a “hair trigger.” During the prior weekend’s demonstrations, people dressed like protesters had been caught on video making arrests, and police acknowledged use of decoy officers.
At the airport, the protesters were looking for undercover agents in their ranks. Twice they thought they found them.
The first man ran away from protesters who asked why he was taking photos of them. Protesters descended on him, bound his wrists with plastic ties and interrogated him for at least two hours. His ordeal ended only when medics wrested him away on a stretcher.
The second man was wearing a yellow “press” vest used by Hong Kong journalists but refused to show his credentials. In his backpack, protesters found a blue “Safeguard HK” T-shirt worn at rallies to support police.
A small group of protesters repeatedly beat him, poured water on his head and called him “mainland trash.” He turned out to be a reporter for China’s state-owned Global Times newspaper.
Footage of the mob violence inflamed anti-protester sentiment in China, where the reporter became a martyr. In Hong Kong, pro-democracy lawmakers said it was something that “will not and should not happen again.”
Within the movement, some apologized for becoming easily agitated and overreacting. Others questioned whether provocateurs had incited the violence.
Through it all, the front liners called for unity. They pointed to the injuries sustained on their side and the rioting charges that could lock them up for 10 years.
On the night of the airport beating, Wayne couldn’t get through the crowd to see what was happening, but he understood how the attackers felt.
“I would have done the same thing,” he said. “It’s not rational, but I would have kicked him or punched him at least once or twice.”
source: newsinfo.inquirer.net
Labels:
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Recession coming? Trump insists U.S. economy ‘very strong’
WASHINGTON — The “fundamentals” of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump’s reelection.
Exhibiting no such concern, senior adviser Kellyanne Conway declared to reporters on Monday, “The fact is, the fundamentals of our economy are very strong.”
It’s a phrase with a history.
Republican John McCain was accused of being out of touch when he made a similar declaration during the 2008 presidential campaign just hours before investment bank Lehman Brothers filed for bankruptcy, setting off a stock market crash and global financial decline.
A case can be made for the White House position. The U.S. job market is setting records for low unemployment, and the economy has continued uninterrupted growth since Trump took office. But growth is slowing, stock markets have swung wildly in recent weeks on recession fears, and indicators in the housing and manufacturing sectors have given economists pause.
A new survey Monday showed a big majority of economists expecting a downturn to hit by 2021 at the latest, according to a report from the National Association of Business Economics.
Trump begs to disagree.
“We’re doing tremendously well. Our consumers are rich. I gave a tremendous tax cut and they’re loaded up with money,” Trump said on Sunday. “I don’t think we’re having a recession.”
Still, the Republican president took to Twitter on Monday to urge the Federal Reserve to stimulate the economy by cutting interest rates and returning to “quantitative easing” of its monetary policy, an indication of deep anxiety beneath his administration’s bravado. And he backtracked last week on taking the next step in escalating in his trade war with China, concerned that new tariffs on consumer goods could hamper the critical holiday shopping season.
White House aides and campaign advisers have been monitoring the recent turbulence in the financial markets and troubling indicators at home and around the world with concern for Trump’s 2020 chances.
Any administration has to walk a fine line between reflecting the realities of the global financial situation and adopting its historical role as a cheerleader for the American economy. For Trump, striking that balance may be even more difficult than for most.
For decades, economic performance has proven to be a critical component of presidential job approval, and no American leader so much as Trump has tied his political fortunes to it. The celebrity businessman was elected in 2016 promising to reduce unemployment — a task at which he has succeeded — and to bring about historic GDP growth, where he has had less success.
The situation today isn’t nearly as dire as in September 2008, when the U.S. and the world were heading into the Great Recession. There are no waves of home foreclosures, no spike in layoffs, no market meltdowns and no government rescues to save powerful banks and financial companies in order to contain the damage. What does exist is a heightened sense of risk about the economy’s path amid slowing global growth and the volatility caused by the trade dispute between the United States and China.
There are other reasons as well for the administration’s rosy pronouncements, said Tony Fratto, a former Treasury Department spokesman in the Bush administration during the onset of the financial crisis. He said he sympathized with the Trump administration for having to choose between answering “honestly or responsibly” or otherwise about the state of the economy, noting that any hint of concern “could be self-fulfilling.”
“So much of the story of the economy is how people feel about it,” said Lanhee Chen, a Hoover Institution fellow and former economic adviser to 2012 GOP nominee Mitt Romney. “And that’s an inherently a difficult thing to measure.”
Highlighting a disconnect between the nation’s broad economic indicators and the “personal economies” of voters in swing states is a priority for Democratic candidates and outside groups heading into 2020.
Trump’s advisers acknowledge there are few tools at his disposal to avert a slowdown or recession if one materializes: Internal concerns over a ballooning federal deficit, in part due to the president’s 2017 tax law, are stifling talk of stimulus spending, and skepticism abounds over the chances of passing anything through a polarized Congress ahead of the election. But that hasn’t stopped the White House from exploring ways to make the political cost less painful.
Seeking to get ahead of a potential slowdown, Trump has been casting blame on the Federal Reserve, China and now Democrats, claiming political foes are “trying to ‘will’ the Economy to be bad for purposes of the 2020 Election.”
If the Federal Reserve would reduce rates and loosen its grip on the money supply “over a fairly short period of time,” he tweeted, “our Economy would be even better, and the World Economy would be greatly and quickly enhanced – good for everyone!”
Those actions he’s talking about are the sort a central bank would traditionally take to deal with or try to stave off a slowdown or full-blown recession.
Strong fundamentals? A lot depends on which ones the administration highlights or ignores in public comments.
Conway and other Trump aides have accurately described the rising retail sales and the solid labor market with its 3.7% unemployment rate as sources of strength.
Yet factory output and home sales are declining, while business investment has been restricted because of uncertainties from Trump ratcheting up the China trade tension.
Even if the economy avoids a recession, economists still expect growth to weaken.
Federal Reserve officials estimate that the gross domestic product will slow to roughly 2% this year, down from 2.5% last year. During his presidential campaign, Trump had boasted he would achieve long-term growth of 4 percent, 5 percent or more.
source: usa.inquirer.net
Labels:
Economic Slowdown,
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Monday
Trump likens buying Greenland to ‘a large real estate deal’
WASHINGTON – President Donald Trump said Sunday the idea of buying Greenland from Denmark has been discussed within his administration because of the strategic benefits for the U.S. and suggested that the semi-autonomous territory is a financial burden to Denmark.
Surprise and confusion greeted a Wall Street Journal report last Thursday that Trump has been raising the subject of buying Greenland in recent weeks. Officials in Greenland have said it’s not for sale and Trump allowed Sunday that it’s not a priority of his administration.
“It’s just something we’ve talked about,” Trump told reporters when asked about the idea. “Denmark essentially owns it. We’re very good allies with Denmark. We’ve protected Denmark like we protect large portions of the world, so the concept came up.”
The U.S. military has operated for decades from Thule Air Base in Greenland, which is situated between the Atlantic and Arctic oceans. The northern-most U.S. base is part of the military’s global network of radars and other sensors to provide ballistic missile warning and space surveillance.
“Strategically it’s interesting and we’d be interested, but we’ll talk to them a little bit. It’s not No. 1 on the burner, I can tell you that,” the president said.
Trump, who made a fortune in the New York real estate market and owns or licenses properties around the world, appeared to cast the idea from the perspective of a developer.
“Essentially, it’s a large real estate deal. A lot of things can be done. It’s hurting Denmark very badly, because they’re losing almost $700 million a year carrying it. So they carry it at a great loss,” he said.
White House economic adviser Larry Kudlow, appearing on “Fox News Sunday,” said Greenland is “a strategic place” with “a lot of valuable minerals.”
Trump is expected to visit Denmark in September as part of a trip to Europe. /gsg
source: newsinfo.inquirer.net
Labels:
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Former Longhorns, NFL RB Cedric Benson dies in motorcycle accident
AUSTIN, Texas — Former NFL running back Cedric Benson, one of the most prolific rushers in NCAA and University of Texas history, has died in a motorcycle accident in Texas. He was 36.
Benson’s attorney, Sam Bassett, said Austin law enforcement told him that Benson was killed in the wreck Saturday night. He had no details about the accident.
Benson was a key player in the Longhorns’ resurgence under coach Mack Brown, who said Sunday that Benson’s death has left him grief-stricken.
“He was as good as you’ll ever see as a football player and as tough as they come,” said Brown, who recently returned to coach North Carolina following a long run at Texas. “But what I’ll remember most is what a special, special person he was. We always enjoyed talking with him because he was such a bright and unique guy. There will never be another one like him, and he will be dearly missed by so many. It’s just heartbreaking, but we feel very fortunate to have had him in our lives.”
Benson was one of the top high school recruits out of the West Texas town of Midland. According to Texas Football magazine, he is eighth on the career rushing list for Texas high schools. He led Midland Lee to three straight state championships, the only three in school history, from 1998-2000.
Benson played at Texas from 2001-2004 and his 5,540 yards ranks second at the university and ninth in NCAA history. He scored 64 career touchdowns with the Longhorns and won the Doak Walker award, given to the nation’s top running back, in 2004.
He was the only player in school history to rush for at least 1,000 yards in four seasons and was inducted into the university’s Hall of Honor in 2014.
Benson was drafted No. 4 overall by the Bears in 2005 and helped Chicago reach the playoffs the following season. He had his finest years with Cincinnati from 2008-11, taking over as the featured back on a team that made the playoffs twice but lost in the first round each time.
“Cedric was a fine football player for us,” Bengals President Mike Brown said. “He played a principal role for several years here, including a couple of playoff runs. ”
Benson ran for a career-high 1,251 yards while leading a playoff push in 2009, the first of three straight 1,000-yard seasons. He also led the Bengals to the playoffs in 2011, when Andy Dalton and A.J. Green arrived as rookies.
“Once he bought into our system, he was like a flower. He just blossomed,” former Bengals running backs coach Jim Anderson said. “He gave us an element we didn’t have. We had complementary guys, but Cedric gave us a missing element. He was a good man. He was one of my guys and it hurts. Life is too short.”
Benson played one season with Green Bay, where he started the first five games in 2012 before suffering a season-ending Lisfranc fracture in Indianapolis on Oct. 17. He rushed for 248 yards and a touchdown on 71 carries, and caught 14 passes for 97 yards in five games with the Packers before the foot injury.
Benson finished his NFL career with 6,017 yards rushing and 33 total touchdowns.
“He was from Texas, and he showed his Texas toughness in leading us to a division championship in just his second season with us,” Bengals owner Mike Brown said. “His three consecutive 1,000-yard seasons displayed the talent he possessed. Our organization is deeply saddened by his sudden and tragic passing.”
Benson returned to Austin after his playing career and set up a foundation, NUFCED, to aid underprivileged children and families. Those efforts included helping repair damage at the home of the first victim killed in a series of bombings in Austin early 2018.
source: sports.inquirer.net
Sunday
The secret to a perfect cake revealed
In one of Martha Stewart’s old interviews, her celebrity guest said she would just wing the recipe when baking. Martha could not conceal the horror in her face and later explained that in baking, one cannot just “wing” a recipe because baking is an exact science.
When you miss a portion of a recipe, even just a pinch, it is possible that the dough will not rise the way it should or the cake might turn out too dry or too sweet or not as expected.
That is why I have such enormous respect for pastry chefs, especially those who are required to produce not only specialty cakes for one occasion but those who need to make hundreds of cakes in a day. Each of those cakes must be consistent in terms of taste and texture. So the million dollar question is, how do you manage that?
Chef James Antolin of Tochi Desserts in Salcedo Village and founder of the Philippine Culinary Cup shares one of the secrets of some big companies: some of them work with a manufacturer to create a cake mix. This is because one of the biggest challenges is getting the measurements precise each and every single time. When a manufacturer can pre-measure or weigh the mix, it guarantees consistency in the end product and also saves a lot of prep time.
Joey Prats Ultra Mixes
One of the best-kept secrets of these big companies—and still a secret because the current owners will not divulge who their clients are—is Joey Prats Ultra Mixes. Their stall caught my eye at the last World Food Expo (Wofex) because there was a crowd.
Of course I also wanted to try it and lined up myself. When I finally had a bite of the brownies and butter cake, it became clear why there was a crowd. They were delicious! It was as if the cake and brownies were made from scratch.
I asked if they were selling cakes because I thought they were a dessert shop. The owner—let’s just call her The Ultra Mix Queen because she was too shy to be named—revealed they were just selling cake mixes.
She asked me if I bake. I said that was my sister Goldee, who is the baker in the family.
According to her, this mix is exactly what a person who doesn’t bake needs because the whole science and art of baking is simplified. So all you have to do is add eggs, stick it in the oven, and—voila!—you have a cake.
On the other hand, it is also ideal for cake shops because these professional bakers can deliver cakes with a “baked from scratch” quality consistently and efficiently.
The mix
I asked The Ultra Mix Queen how they achieve that “baked from scratch” quality. She revealed they refuse to do batch mixing.
Each mix is prepared separately and mixed manually. The other secret is that they invested in the best weighing machine. The Ultra Mix Queen’s engineer compared their machine to those used for measuring dosages for the components of medicine pills/tablets. That is how precise their machine is. So you can be sure that the 0.0045 grams needed in your recipe is exactly that.
The mixes are actually under the brand of Joey Prats, pastry chef and president/CEO of his own Joey Prats School of Baking & Pastry Arts.
From Prats’ original chocolate mix, the product line has evolved. Today, one of their bestsellers is the Butter Cake Ultra Mix. When you taste it, you will understand why. It is beautifully moist that you would not believe it was prepared using just the mix.
Cakes and brownies
The brand today has four cake mixes: Moist Chocolate Cake, Yellow Butter Cake, Red Velvet Cake, and Fluffy Chiffon Cake. They also offer a Fudge Brownie and a Golden Pancake mix.
While chocolate cake and brownies are friendlier to those who don’t really bake, the mixes are a big help especially for something like a chiffon cake, which should be very light, airy and fluffy, or for a red velvet cake, which should, as its name implies, have a velvety texture.
Using these mixes, life becomes so easy without having to sacrifice your kitchen credibility. Instructions come with each mix. These essentially tell you to preheat your oven, add wet ingredients (butter, oil, eggs) then bake … and that’s it.
So having the mix eliminates the need to buy each ingredient and relieves you of the tedious task of measuring each ingredient.
The Ultra Mix Queen even proved how easy it was to make the cake presentable and appealing. She showed a sample of a chocolate cake that even a child could prepare: the chocolate cake, prepared using the mix, wasn’t even lined with ganache; it was simply lined with chocolate pretzel sticks and covered on top with M&Ms. The result was a very colorful, appetizing and unique chocolate cake.
Great price, great product
A customer also expressed surprise at how affordable the mixes were, describing them as having an affordable price yet producing a luxurious taste.
The Ultramix Queen also shared the story of a village baker who decided to add cakes to his product line after seeing the income potential from the mixes. They have been selling cakes using Joey Prats Ultra Mixes for several years now.
Many business customers apparently have been purchasing their mixes through the years not only because of the convenience and consistency of the end product that the mix offers but also because of the ease in inventory that it affords. Your only other variables would now be eggs and maybe a bit of butter or milk.
Baking tip
The only added culinary tip that The Ultramix Queen gives her customers is to buy a thermometer to put in the oven to make sure the temperature is always accurate. Sometimes, she explained, even if you set your oven to the instructed temperature, the heat inside does not match the surface setting. Accuracy is important as even just a few degrees in error will make a big difference. Temperature is apparently an overlooked “ingredient” in baking but a good baker will always mind the heat.
If you remember this tip and use the mix, you may just make people believe that you went to culinary school … although in fact you just used one of the Joey Prats Ultra Mixes.
Now you know the secret of some of our best pastry brands and chefs.
Joey Prats Ultra Mixes available in select branches of All About Baking; Carli BoxiNation; CK Bakers; Wonderbake; Mr Baker; SM Hypermart Weekend Bazaar; Way2Bake; Bake and Beyond; Baker Heaven; Chocolate Lover, Metro Manila and Pampanga; Chocolatina in Batangas; Baker’s Eight in Cavite; Paolito’s; and the Baking Pantry in Davao. Also available online via joeypratsultramixes.com and with delivery options. Call 0917-8538299 or landline 636-5528.
source: business.inquirer.net
Labels:
Baking,
Business,
Cake,
Cakes,
Chef James Antolin,
Culinary,
Food,
James Antolin,
Lifestyle,
Martha Stewart
Apple iPhone 11 launch expected on Sept. 10
As anticipation mounts for the launch of iOS 13 (date unknown), the seventh beta of the operating system was launched on Thursday, Aug. 15, for developers. Within the software, The Verge reported that Brazilian media organization iHelp BR uncovered an image suggesting the date when Apple’s next flagships smartphones will be announced.
The image is named “HoldForRelease,” and what appears to be a screenshot of an iPhone home screen is a calendar app icon set to Tuesday, Sept. 10. iHelp BR noted that when iOS 12 was released, the calendar app displayed on a similar image in the software displayed its respective launch date as well, Sept. 12.
The launches of the previous iPhones all took place within four days of Sept. 10 during their respective release years, so it is likely that this prediction is accurate.
Three new iPhones are expected to be announced this year that are allegedly successors of the iPhone XS, XS Max and XR. HM/JB
source: technology.inquirer.net
Labels:
Apple,
Apple Inc,
Apple iOS,
Gadget,
Gadgets,
iPhone 11,
iPhones,
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Saturday
Return of the Mac-killer: Nate Diaz ends hiatus at UFC 241
ANAHEIM, California — The mostly empty arena rumbled with outsized excitement when Nate Diaz stepped onto the stage. The fans erupted into cheers while Diaz lit a joint and took a big drag before doing a little shadowboxing for the cameras.
Even before he said a word at his open workout four days before UFC 241, Diaz showed he can captivate an audience like no active fighter in the mixed martial arts world. Fighters can train for almost every skill in the game except charisma, and the Diaz brothers are laden with it.
The younger Diaz (19-11) returns from a three-year hiatus on Saturday night, taking on Anthony Pettis in his first bout since his two showdowns with Conor McGregor in 2016. A heavyweight title rematch between Daniel Cormier and Stipe Miocic is the main event, but many fans at Honda Center and around the world will be watching mostly to see what Diaz does next.
“I’m here as a businessman and a natural born killer,” Diaz said. “I’m here to get the job done, and he’s the guy to do it on, so there’s no problem. It’s all good with me. I’m just here to kill and stay alive for the weekend.”
Diaz and his older brother, Nick, receive a level of adulation in the MMA world that exceeds even their considerable accomplishments. It’s difficult to explain the Diaz appeal to observers who don’t have a full historical perspective on the pugnacious, thoughtful brothers’ omnipresence in their sport’s attitudes and images during the past 15 years, even when they weren’t competing very often.
Their swashbuckling attitude, angry disregard for authority, profane words of wisdom and athletic fighting styles all appeal tremendously to many people who support a young sport that’s still seen as repellent counterculture by a big segment of mostly aging sports fans.
Put it this way: A 22-year-old Nate Diaz once completed a submission finish with his legs while simultaneously thrusting two middle fingers in the air. You might love that or hate it, but you have an opinion.
“That’s the way I’ve been from Day One,” Diaz said. “It’s going to stay this way, too, until I’m 100 years old. I’m the Don of all this. If anybody is going to step in this room and say they’re the (butt)-whipper, I beg to differ.”
Even Anthony Bourdain, the late traveler and gourmand, famously filmed a segment with Nick and Nate for his CNN show on Los Angeles, not because the Northern California natives knew much about LA and its cuisines — other than the best weed, probably — but simply because Bourdain, a jiu-jitsu practitioner and MMA fan, was fascinated by the brothers’ outlaw ethos.
Some of the brothers’ behavior seems performative, but some of it isn’t: Both Nick and Nate have essentially walked away from the UFC for long stretches of their prime, turning down countless millions in prize money because they refused to compromise what they considered to be their principles.
Diaz split two tremendously entertaining matchups with McGregor and became one of the UFC’s biggest stars in 2016, but he is 34 years old now, and Saturday’s fight will be only his fifth since November 2013.
Diaz said he felt mistreated by the UFC, although he struggles to explain how its persistent attempts to book one of its most popular fighters constitute disrespect. Diaz turned down matchups worth millions, including a probable shot at Georges St. Pierre, and he lost a chance to return last year when future champ Dustin Poirier was injured before their bout.
Diaz also said he doesn’t fight for money. He and his brother, Nick, who hasn’t fought in nearly five years, are busy with Nick’s thriving gym in their native Stockton, California. Nate said they’ve also got a successful CBD business, to absolutely nobody’s surprise.
“They’ve been trying to degrade me the whole time I’ve been out,” Diaz said. “They’re trying to put me low on the card against not very big names. They also tried to give me huge names, but those fell through. It don’t matter. I believe I’m the main event in any event they’ve got. They’ll do the best they can to keep me from that.”
Diaz’s complaints are more likely a distilled version of that everyone-is-against-me mentality that drives so many athletes. But he was tempted back by a matchup with Pettis, who nurses a grudge against Diaz that apparently isn’t mutual.
Diaz dismissively refers to Pettis as “this Wheaties box” in reference to Pettis’ former endorsement deal with the cereal, but has mostly ignored Pettis’ pointed criticisms.
Diaz won’t say whether he plans to fight again, or whether he would like his first UFC title shot since 2012. He will stick to his own timetable and goals while nursing the same attitude that kept him on top of the UFC star pyramid even during three years away.
“No one on the roster for the last three years even read the blueprints,” Diaz said. “I’m right there. Why don’t you go take it? And nobody did, and tomorrow, if some of these young guys say they’re going to step up and take my position, I’m not with that.”
source: sports.inquirer.net
Labels:
Conor McGregor,
Mixed Martial Arts,
Nate Diaz,
Sports,
UFC,
UFC 241
#BoycottMulan trends after ‘Mulan’ actress Liu Yifei supports HK police
Calls to boycott the live-action adaptation of “Mulan” trended online after the film’s lead actress Liu Yifei allegedly expressed support for Hong Kong police. The movie is slated for release in 2020.
Hong Kong has been the site of pro-democracy protests for the past two months. Law enforcement has attempted to quell protests through tear gas and rubber bullets.
Based on a screenshot of the “Mulan” actress’ Weibo account, Liu backs the Hong Kong police despite allegations of police brutality.
The post shows an image from the Communist Party’s official newspaper People’s Daily with the caption, “I support Hong Kong’s police, you can beat me up now. What a shame for Hong Kong.” Liu typed the hashtag “I also support the Hong Kong police” with a heart emoji.
Online forum LIHKG, known as the Hong Kong version of Reddit, sparked the calls to boycott “Mulan,” as per The Hollywood Reporter on Thursday, Aug. 15. LIHKG has served as a platform for protestors to organize and raise funds.
Though Liu’s post received support on Weibo, on Twitter and Instagram the actress faced backlash as #BoycottMulan trended.
One Sean Norton (@sdnorton) tweeted on Thursday: “Disney’s ‘Mulan actress, Liu Yifei, supports police brutality and oppression in Hong Kong. Liu is a naturalized American citizen. it must be nice. meanwhile she pisses on people fighting for democracy. retweet please. HK doesn’t get enough support. #BoycottMulan @Disney.”
Similar messages have been posted on Twitter, along with pictures and videos of police attacks against protestors. Some have highlighted how law enforcers have treated women. This week a woman became a symbol of protests after she was hit in the eye by a beanbag round from police on Aug. 11, as per The Straits Times on Tuesday, Aug. 13.
Liu moved to the United States when she was 10 and became a citizen after five years. She returned to China where she pursued an acting career. The actress has been supportive of the Chinese government, having posted on Weibo in the past about China’s claims in the South China Sea. She also promoted the “One-China policy,” which states that Taiwan is part of the sovereign state of China.
Other actors who have opposed the protests include Jackie Chan and Tony Leung Ka-fai. Niña V. Guno /ra
source: entertainment.inquirer.net
Labels:
Boycott,
Disney,
Entertainment,
Hong Kong,
Liu Yifei,
Mulan,
Police Brutality,
Protest
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