Tag Archives: June

EXCLUSIVE-Ahead of trade talks, China makes biggest U.S. soybean purchases since June – traders

EXCLUSIVE-Ahead of trade talks, China makes biggest U.S. soybean purchases since June - tradersPrivately run Chinese firms bought at least 10 boatloads of U.S. soybeans on Thursday, the country’s most significant purchases since at least June, traders said, ahead of high-level talks next month aimed at ending a bilateral trade war that has lasted more than a year. The soybean purchases, which at more than 600,000 tonnes were the largest by Chinese private importers in more than a year, are slated for shipment from U.S. Pacific Northwest export terminals from October to December, two traders with knowledge of the deals said. The purchases were another indication that trade tensions between Washington and Beijing could be easing, after hitting a low last month when China suspended all U.S. farm product purchases in response to threats by President Donald Trump to impose more tariffs on Chinese goods.



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Doctor in murder case gets 2 new lawyers, June trial date

Doctor in murder case gets 2 new lawyers, June trial dateThe Ohio doctor charged with 25 counts of murder is now scheduled for trial next June and has two new lawyers, including one known for successfully defending high-profile clients such as Casey Anthony and Aaron Hernandez. Husel didn’t speak during the hearing. The Columbus-area Mount Carmel Health System found that Husel ordered excessive painkillers for about three dozen hospital patients who died over the past several years.



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Venice moves to limit cruise ships in city center after June collision, near-miss in July

Venice moves to limit cruise ships in city center after June collision, near-miss in JulyStarting in September, some cruise ships will be redirected to dock at other terminals in the Venetian Lagoon. Five were hurt during a June collision.



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Good News for Trump and GOP: RNC Stomped DNC In June Fundraising

Good News for Trump and GOP: RNC Stomped DNC In June FundraisingThe Democratic National Committee raised $ 8.5 million in June and has $ 9.3 million in the bank, according to campaign finance records released late Friday.Both figures are far behind what the Republican National Committee said it has raised. The GOP said it raised $ 20.8 million in June, and has $ 43.5 million cash on hand, Fox News reported Wednesday. Republicans also said the party has no debt, while the DNC has $ 5.7 million in debt, according to FEC records. (RELATED: Bad News For DNC: The Democrats’ And GOP’s Money, By The Numbers)June doesn’t appear to be an anomaly. Republicans say they’ve raked in $ 51 million in the past three months. The RNC has been posting record fundraising numbers so far in 2019. In February, the party raised $ 14.6 million, a record high for that month in a non-election year.The RNC, which has yet to file its official campaign finance documents, shared its strong showing in an email blast Saturday.



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UPDATE 1-China's June exports fall after U.S. tariff hike, imports shrink more than expected

UPDATE 1-China's June exports fall after U.S. tariff hike, imports shrink more than expectedChina’s exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further strains on the world’s second-largest economy. China’s manufacturers are struggling with sluggish demand at home and abroad, and a sharp U.S. tariff hike announced in May is threatening to crush already-thin profit margins, reinforcing views that Beijing needs to announce more stimulus measures soon. “The latest U.S. tariff hike probably contributed to this drop, alongside a broader slowdown in foreign demand,” Capital Economics said in a note.



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Migrant Apprehensions Fell in June Following Trump’s Mexico Deal

Migrant Apprehensions Fell in June Following Trump’s Mexico Deal(Bloomberg) — The number of migrants crossing the U.S. southern border fell in June, the U.S. government said, in the first major test of an immigration enforcement deal President Donald Trump negotiated with Mexico after threatening the country with tariffs.About 104,000 migrants were caught after crossing into the U.S. or turned away at the Mexican border in June, compared to 144,000 a month earlier, Customs and Border Protection said Tuesday in a statement, though levels normally slump in summer. The numbers had more than doubled from January to May, leading Trump to threaten tariffs unless Mexico did something to slow the flow of people across the border.The countries struck a deal on June 7 in which Mexico agreed to deploy soldiers at its own southern border and increase enforcement along migration routes. The deal was somewhat temporary, and Mexico has said it will explore new measures if apprehensions didn’t fall within 45 days of the countries’ agreement.QuickTake: The Countries (Not Mexico) Fueling U.S. Border CrisisTrump had already said the numbers had been reduced.“The numbers are going down because Mexico is doing a lot,” Trump told reporters on Sunday. “Thanks to Mexico, it’s slowing down greatly, and I think you’ll start seeing some very good numbers.”The decline in June likely means a tariff reprieve, at least for now — in particular, as the Trump administration continues to push for Congress to ratify its trade deal with Canada and Mexico. Adding tariffs on its southern trading partner could have hurt the chances of ratification.However, apprehensions traditionally dip in the summer months, when hot weather makes migration more arduous and dangerous, meaning that it’s difficult to tell how much of the reduction can be attributed to Mexican enforcement. There were 43,000 migrants apprehended at the southern border or deemed inadmissible to the U.S. in June 2018, less than half of last month’s number.The true test of the U.S.-Mexico accord may have to wait until fall, when the numbers historically rise again. The pact came after frenzied talks spurred by Trump’s threat to apply a 5% tariff on all goods imported from Mexico, and then to steadily increase that tariff if he wasn’t satisfied.Trump continues to push for congressional changes to curb the flow of migrants, many of them asylum seekers from the so-called northern triangle nations of Guatemala, Honduras and El Salvador. Migrants travel from those countries, through Mexico and to the U.S.Trump has demanded Congress act to change the laws to cut the incentive for migrants to set off on the lengthy journey. He is also pressing Mexico and Guatemala to sign agreements that would give the U.S. greater power to immediately send migrants back to those countries.The spike in migration has swamped U.S. facilities at the border, which Democratic Representative Alexandria Ocasio-Cortez has called “concentration camps.” A Department of Homeland Security watchdog report this month found “dangerous overcrowding” that poses an “immediate risk to the health and safety of DHS agents and officers, and to those detained.”Trump has bristled over the issue, accusing news organizations of exaggerating the plight of migrants in U.S. detention and blaming Democratic lawmakers for not moving faster to provide more money to improve conditions. He and other administration officials have criticized Democrats for earlier dismissing the idea that the border is in crisis.(Updates with details on migrants in ninth paragraph.)To contact the reporters on this story: Josh Wingrove in Washington at jwingrove4@bloomberg.net;Justin Sink in Washington at jsink1@bloomberg.netTo contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Michael Shepard, Laurie AsséoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.



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Report: Migrant Apprehensions at Southern Border Drop by 37,500 in June

Report: Migrant Apprehensions at Southern Border Drop by 37,500 in JuneThe number of migrants apprehended crossing the southern border illegally dropped by more than 37,500 in June, the first month-to-month decline since apprehensions began skyrocketing six months ago.Border Patrol agents apprehended 94,487 people crossing the border between ports of entry in Texas, New Mexico, Arizona, and California in June after capturing 132,000 migrants at the southern border the previous month, the Washington Examiner reported Tuesday.While the official figures have not yet been released, Acting Secretary of Homeland Security Kevin McAleenan estimated during a recent press conference that June saw a 25 percent decline in apprehensions. The numbers reported by the Examiner indicate a 28 percent decline.McAleenan credited President Trump's recent tariff threat with prompting increased border enforcement by Mexican officials. But the weather may also have played a role as apprehensions usually drop off from spring to summer due to dangerously hot temperatures.In early June, Mexico agreed to deploy troops to its border with Guatemala to stem the flow of Central American asylum-seekers traveling through Mexico to the U.S. The concession was extracted after Trump threatened to impose a 5 percent tariff on all Mexican goods entering the U.S. if its government failed to slow the influx of migrants that has overwhelmed American detention capabilities at the border in recent months.Mexico has, however, resisted the Trump administration's demand that they adopt a “safe third country” policy that would require all asylum-seekers who travel through Mexico to apply for asylum in Mexico before trying to enter the U.S.Mexican officials did agree to the administration's Migrant Protection Protocols, which require that certain asylum-seekers remain on the Mexican side of the border while their U.S. asylum claims are being adjudicated.



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American Airlines extends Max 8 flight cancellations into June

American Airlines extends Max 8 flight cancellations into JuneThe airline says it will cancel 90 daily flights through June 5 due to the Max 8 grounding. The airline previously had canceled flights through April.



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American Airlines extends Max-caused cancellations to June 5

American Airlines extends Max-caused cancellations to June 5WASHINGTON (AP) — American Airlines is extending by over a month its cancellations of about 90 daily flights as the troubled 737 Max plane remains grounded by regulators.



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British PM asks EU to delay Brexit until June 30

British PM asks EU to delay Brexit until June 30Prime Minister Theresa May asked the European Union on Friday to delay Britain’s departure from the bloc until June 30, with the extension ending earlier if parliament approves her Brexit deal. “The United Kingdom proposes that (the extension) should end on June 30 2019. If the parties are able to ratify before this date, the government proposes that the period should be terminated earlier,” May wrote in a letter to EU Council president Donald Tusk.



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