Tag Archives: paper

Chinese State-Run Paper Singles Out Navarro for Trade ‘Lies’

Chinese State-Run Paper Singles Out Navarro for Trade ‘Lies’(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The Chinese Communist Party’s flagship newspaper took aim at one of Washington’s most prominent China hawks, calling recent comments by Peter Navarro unconstructive “lies” that hinder the progress of trade talks.Navarro, an adviser to U.S. President Donald Trump, repeated accusations he’s previously termed China’s “seven deadly sins” during a Sunday interview with Yahoo Finance — including alleged cyberattacks, forced technology transfers and currency manipulation. He also said China is taking on the “full burden” of U.S. tariffs on its products.“All these preposterous comments are not constructive at all, and go against the larger direction of the two sides taking real action to create favorable conditions for the negotiations,” Beijing’s state-run People’s Daily wrote in a commentary Tuesday. Navarro intended to “throw cold water on international markets,” it said.Those “irresponsible” comments should stop, and the U.S. should show “sincerity” and “action” to create condition for the negotiations, the paper said.China and the U.S. will hold face-to-face trade negotiations in Washington in the coming weeks, after a deterioration in relations last month left global investors reeling amid increasing evidence the conflict is harming both nations. The U.S. Agriculture Department’s undersecretary for trade, Ted McKinney, also used provocative language on Monday, calling Chinese President Xi Jinping a “communist zealot."“It is important for both China and the United States to grasp the opportunity of stabilizing bilateral trade and economic ties,” the People’s Daily commentary said, adding that the two countries should work together in the direction set by their leaders.To contact Bloomberg News staff for this story: Miao Han in Beijing at mhan22@bloomberg.netTo contact the editors responsible for this story: Jeffrey Black at jblack25@bloomberg.net, Sharon Chen, Karen LeighFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.



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Kamala Harris wants to ban plastic straws but says paper straws too 'flimsy'

Kamala Harris wants to ban plastic straws but says paper straws too 'flimsy'During CNN's climate change town hall Wednesday, the California esnator said that she believes single-use plastics like plastic straws need to be banned, but that the paper alternative breaks too often and is ripe for some innovation.



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2020 Candidates Delayed Paying Staff to Look Richer on Paper

2020 Candidates Delayed Paying Staff to Look Richer on PaperDrew Angerer/GettyFor months, Sen. Amy Klobuchar’s (D-MN) presidential campaign made regular payments to its staff and vendors, with varying daily expenditures that never exceeded $ 335,000. But on April 1, 2019, the campaign’s spending exploded.Whereas Klobuchar’s campaign spent an average of about $ 55,000 per day through the end of June, according to FEC filings, it dropped a whopping $ 624,000 on the first day of April, including a $ 300,000 payment to the campaign’s digital vendor.  That massive uptick in expenses was likely due to the fact that April 1 marked the beginning of the new fundraising quarter. By putting off the payments until then, Klobuchar was able to put the best possible spin on her presidential campaign’s financial position during the previous three months. If those expenses had come a day earlier, Klobuchar’s cash on hand figure would have been roughly $ 6.35 million. Instead, the campaign was able to claim roughly $ 7 million in reserves—a sum that placed her among the better-positioned Democrats in the presidential race. A Daily Beast review of campaign finance records indicates that the delayed-expenses strategy has continued through the just completed cycle, and has involved payments to campaign staffers as well.Klobuchar Gets Barr to Defend Trump Over and Over AgainKlobuchar, whose campaign did not respond to multiple requests for comment, is one of at least four Democratic presidential candidates who appear to have skipped a staff payday at the end of June, putting off that pay period until the beginning of the following month and hence transferring the expense to the next quarter’s balance sheets.Virtually every campaign engages in forms of accounting gimmicks in order to enhance their financial standings. Veterans of past and current races say that it is common to try and delay spending to future quarters in order to bolster cash reserves that have to reported at filing deadlines. That pressure is particularly acute in elections with crowded fields (such as the 2020 Democratic primary) when reporters, donors, and voters are ever attuned to any signs of momentum or lack thereof.For some campaigns, the ability to put off a payroll payment—whether by design or coincidence—made a substantial difference. That’s most true for the Klobuchar campaign, which reported $ 186,000 in salary expenditures on its last reported pay day, June 15.Federal Election Commission records indicate that the campaign was otherwise paying staffers on the 15th and last day of each month. But no paychecks went out at the end of June, according to its second quarter financial filing. Klobuchar didn’t simply eliminate those expenses by postponing the last payroll payment of the second quarter. That’s because her campaign appears to have put off its last pay period of the first quarter as well after writing salary checks on February 20, February 28, and March 15, the next payments went out on April 1. But her staff, and accompanying payroll expenses, were larger in June than in March. And at some point, she will either have to make all wage payments or simply not pay her staff. And by kicking the can down the road, she has been able to avoid taking the hit on a campaign finance filing for the time being. Three other campaigns also departed from previous payroll schedules by skipping end-of-month paychecks last month, according to a review of campaign finance records. Rep. John Delaney’s (D-MD) campaign said the change in schedule was simply a product of switching to a new payroll management service that restructured that schedule.Sen. Michael Bennett (D-CO) and Gov. Jay Inslee (D-WA) both attributed it to the fact that June 30 was a Sunday, so checks went out the following day. But it’s common practice for employers to send out paychecks on the preceding Friday when paydays fall on a weekend. The decision to do so the following Monday served, intentionally or not, to boost apparent cash-on-hand figures at the end of the quarter in a way that shrouded the campaigns’ actual liabilities.There’s nothing improper or problematic with structuring campaign payments in order to present the best possible picture of its financial situation. But an understanding that campaigns do so, and how they do so, can give the public a better grasp of the financial standing of the various political camps vying for the 2020 Democratic nomination.Delayed payroll payments can be relatively small fractions of total cash on hand figures. But campaign staffers are not heavily compensated employees to begin with. And the absence of a regular paycheck—even by just a matter of days—can cause life complications. “I haven’t heard of this practice before but I am not surprised,” said Kim McMurray, an executive council member of the Campaign Workers Guild and a former organizer for 2020 contender Sen. Bernie Sanders (I-VT). “FEC timing deadlines are such an important moment for campaigns to show enthusiasm, support, etc. so campaigns want to show the largest number possible.”“It is very disappointing if this came at the expense of the workers,” McMurray added.Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.



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Rep. Ilhan Omar Stonewalling Hometown Paper on Marriage Controversy, Editor Says

Rep. Ilhan Omar Stonewalling Hometown Paper on Marriage Controversy, Editor SaysDemocratic Minnesota Rep. Ilhan Omar has allegedly been uncooperative with her hometown paper’s efforts to get to the bottom of accusations that she committed marriage fraud, the paper’s political editor said.Omar’s brief congressional career has been dogged by accusations — which she has denied — that she married a male relative, possibly her brother. Omar and her current husband, Ahmed Hirsi, filed joint tax returns while Omar was married to another man, Ahmed Elmi, Minnesota campaign finance officials said.Omar and her family have made it difficult for journalists to find out the truth about her marriage, Minnesota Star-Tribune editor Kevin Diaz told PolitiFact in an interview Thursday.“Our public records searches determined that in at least one period after she married Elmi, all three (Omar, Elmi and Hirsi) used the same address in Minnesota. It raises questions about the nature of the relationship if she is living with both the person she’s married to and her eventual husband,” Diaz said.“What’s really made it hard is that she’s been unwilling to address any of these questions. That has fueled the controversy. We quoted her at length to say that these were mere accusations, that they were unfair, and that she shouldn’t have to address them. Be that as may, there was an undisputed instance of her filing her taxes improperly. And if you’re in Congress, you should explain that to your constituents,” he continued.



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Ocasio-Cortez hits back after Trump says her Green New Deal looks like high school paper

Ocasio-Cortez hits back after Trump says her Green New Deal looks like high school paper"Sounds like a high school term paper that got a low mark," Trump said of the ambitious environmental initiative.



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British paper apologizes to Melania Trump, pays 'substantial damages' over article

British paper apologizes to Melania Trump, pays 'substantial damages' over articleThe Telegraph said it published false claims about first Lady Melania Trump's family and modeling career in its Saturday Magazine.



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UK paper pays damages to Melania Trump over false report

UK paper pays damages to Melania Trump over false reportLONDON (AP) — Britain's Telegraph newspaper has apologized and paid damages to U.S. First Lady Melania Trump after publishing an article it says contains many false statements.



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UK trade minister says '50-50' chance Brexit may be stopped: paper

UK trade minister says '50-50' chance Brexit may be stopped: paperBritain’s trade minister Liam Fox said there is a “50-50″ chance that Brexit may be stopped if parliament rejects the government’s divorce deal with the European Union next month. “If we were not to vote for that, I’m not sure I would give it (Brexit) much more than 50-50,” Fox, a leading supporter of leaving the EU, told the Sunday Times newspaper. With three months left until the United Kingdom is due to leave the EU on March 29, May’s Brexit deal is floundering, opening up a range of possibilities from a Brexit without a trade deal to calling Brexit off.



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Alibaba's Jack Ma is a Communist Party member, China state paper reveals

Alibaba's Jack Ma is a Communist Party member, China state paper revealsJack Ma, the head of e-commerce giant Alibaba Group Holding Ltd and China’s best-known capitalist, is a Communist Party member, the official Party newspaper said on Monday, debunking a public assumption the billionaire was politically unattached. The People’s Daily revealed Ma’s Party membership in a list of 100 people it said had helped drive the country “reform and opening up” process. Ma is China’s richest man with a fortune of $ 35.8 billion, according to Forbes.



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X-ray images show tools Khashoggi killers brought to Istanbul, Turkish paper claims

X-ray images show tools Khashoggi killers brought to Istanbul, Turkish paper claimsThe 15-strong Saudi kill team responsible for the murder of columnist Jamal Khashoggi carried luggage containing scissors, syringes and a stun gun, a pro-government Turkish paper has claimed. Sabah, a daily newspaper headquartered in Istanbul, published images on Tuesday purported to be airport X-ray scans of the team's bags as they left Istanbul for Riyadh on October 2, the day of Mr Khashoggi’s murder.  A number of tools and pieces of equipment can be seen, including walkie-talkies, a signal jammer and a pair of scissors.  The bags were loaded onto two private jets but police were not able to open them due to diplomatic immunity, according to the report. The paper, which is close to Turkish president Recep Tayyip Erdogan’s ruling Justice and Development Party (AKP), is one of a number of outlets that has published a steady stream of leaks providing lurid details of Khashoggi’s death, a tactic seemingly designed to keep pressure on Riyadh and its allies. How the disappearance of Jamal Khashoggi unfolded Mr Khashoggi, a regular contributor to the Washington Post, was killed in the kingdom’s Istanbul consulate while attempting to secure paperwork that would allow him to remarry.  According to Istanbul’s chief prosecutor, he was strangled and his body dismembered soon after entering the building.  Saudi officials initially denied all involvement but in the face of mounting international outrage admitted that the columnist had been killed as part of a “rogue” operation. The X-ray images were published as the New York Times reported that in an audio recording of the killing, one of the team responsible can be heard instructing a superior to "tell your boss" after the murder takes place, a suspected reference to Mohammed bin Salman, the Saudi crown prince.  Khashoggi was once close to the royal family but went into self-imposed exile last year and had since been critical of the Crown Prince in his writing. Mr Erdogan described the tape as a “calamity” this week and said it shocked even a Saudi intelligence officer who listened to it, according to local media. The Turkish president added that orders for the killing came from the highest levels of the kingdom.



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