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Bloomberg pledges $70 billion to bolster black America in new planFormer New York Mayor Michael Bloomberg announced his presidential campaign's plan for bolstering economic opportunity for black Americans.


1/19/2020 11:00:21 AM

Iran backtracks on plan to send flight recorders to UkraineThe Iranian official leading the investigation into the Ukrainian jetliner that was accidentally shot down by the Revolutionary Guard appeared to backtrack Sunday on plans to send the flight recorders abroad for analysis, a day after saying they would be sent to Kyiv. The same official was quoted by the semi-official Tasnim news agency on Saturday as saying the recorders would be sent to Ukraine, where French, American and Canadian experts would help analyze them. Iranian officials previously said the black boxes were damaged but usable.


1/19/2020 3:50:44 AM

17 more cases of a mysterious and deadly virus have been detected in ChinaWuhan, central China, seems to be the origin point of 2019-nCov, a virus that has infected 62 patients and killed two people.


1/19/2020 10:50:34 AM

Rep. Ilhan Omar Says ‘We Must Stop Detaining’ Illegal Immigrants“This should never be the case,” she wrote. “The cruelty of our immigration system becomes clearer every day. We must stop detaining immigrants and start giving them pathways to citizenship.”


1/19/2020 4:26:00 AM

Body of woman who was missing for almost 6 years found in car submerged in NJ riverVanessa Smallwood of Maple Shade, N.J., was 46 at the time of her disappearance. She was identified in a statement from New Jersey State Police.


1/19/2020 1:10:56 PM

Police fire tear gas to disperse thousands in central Hong KongPolice fired tear gas on Sunday to disperse thousands of anti-government protesters who gathered in a central Hong Kong park but later spilled onto the streets, briefly barricading roads and spray-painting buildings. Out in numbers before the demonstration began, police intervened promptly when the rally turned into an impromptu march. Several units of police in riot gear were seen chasing protesters and several arrests were made.


1/19/2020 2:08:35 AM

ICE ups ante in standoff with NYC: 'This is not a request'Federal authorities are turning to a new tactic in the escalating conflict over New York City's so-called sanctuary policies, issuing four “immigration subpoenas” to the city for information about inmates wanted for deportation. “This is not a request — it's a demand,” Henry Lucero, a senior U.S. Immigration and Customs Enforcement official, told The Associated Press. Mayor Bill de Blasio's administration said Saturday the city would review the subpoenas.


1/18/2020 6:23:51 PM

Report Warned of Threat to U.S. Troops in Germany: Newsweek(Bloomberg) -- The U.S. received intelligence about a potentially imminent attack being planned against military personnel stationed in Germany, Newsweek reported, citing a memo it saw.The 66th Military Intelligence Brigade received third party information stating that a possible attack could occur against soldiers at either Tower Barracks in Grafenwohr or Tower Barracks, Dulmen; the exact location, date and time of possible attack was unknown Information was marked unclassified and from a senior U.S. intelligence official “The source of information stated the attack would be carried out by an unknown Jordanian extremist currently located in Germany near an unknown military base,” the report saidU.S. Army Europe confirmed to Newsweek that a potential threat was identified and investigated last night “German and US officials were consulted and no imminent threat was found to exit”To view the source of this information click hereTo contact the reporter on this story: Nathan Crooks in Miami at ncrooks@bloomberg.netTo contact the editor responsible for this story: Sebastian Tong at stong41@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


1/19/2020 3:00:33 PM

Angola vows to bring back billionaire dos Santos over graft claimsAngolan prosecutors vowed on Monday to use "all possible" means to bring back Isabel dos Santos, the former president's billionaire daughter, after thousands of leaked documents brought new allegations she siphoned off hundreds of millions in public money. Dubbed Africa's richest woman, dos Santos is accused of using her father's backing to plunder state funds from the oil-rich but impoverished southern African country and -- with the help of Western consulting firms -- move the money offshore. "We will use all possible means and activate international mechanisms to bring Isabel dos Santos back to the country," prosecutor general Helder Pitra Gros told public radio.


1/20/2020 9:40:43 AM

‘Middle Class’ Joe Biden has a corruption problem – it makes him a weak candidateWe don’t have to choose Biden’s way, which would give Trump a perfect foil Democrats are trying to choose a candidate to beat Donald Trump, the most corrupt president in history. Some think nominating Joe Biden, a moderate white man who calls himself “Middle Class” Joe, makes sense.But Biden has a big corruption problem and it makes him a weak candidate. I know it seems crazy, but a lot of the voters we need – independents and people who might stay home – will look at Biden and Trump and say: “They’re all dirty.”It looks like “Middle Class” Joe has perfected the art of taking big contributions, then representing his corporate donors at the cost of middle- and working-class Americans. Converting campaign contributions into legislative favors and policy positions isn’t being “moderate”. It is the kind of transactional politics Americans have come to loathe.There are three clear examples.First, Biden’s support for finance over working-class Americans. His career was bankrolled by the credit card industry. He delivered for it by spearheading a bankruptcy bill that made it harder for Americans to reduce their debts and helped cause the financial crisis. He not only authored and voted for that bill, he split with Barack Obama and led the battle to vote down Democratic amendments.His explanations for carrying water for the credit card industry have changed over time. They have never rung true.> Nominating a candidate like Biden will make it far more difficult to defeat TrumpThe simplest explanation is the most likely: he did it for his donors. At a fundraiser last year, Biden promised his Wall Street donors that “nothing would fundamentally change” for them if he became president. Now the financial world is raising huge money for his campaign. It clearly thinks he’s going to be its friend if elected. Most Americans, who get ripped off by the financial sector on a daily basis, aren’t looking for a candidate who has made their life harder.Second, healthcare. On 25 April, the day he announced his campaign, Biden went straight to a fundraiser co-hosted by the chief executive of a major health insurance corporation. He refuses to sign a pledge to reject money from insurance and pharma execs and continues to raise money from healthcare industry donors. His campaign is being bankrolled by a super Pac run by healthcare lobbyists.What did all these donors get? A healthcare proposal that preserves the power of the insurance industry and leaves 10 million Americans uninsured.Third, climate change. Biden signed a pledge not to take money from the fossil fuel industry, then broke his promise. Right after a CNN town hall on climate change, he held a fundraiser hosted by the founder of a fossil fuel conglomerate. He is pushing climate policy that has gotten dismal reviews from several leading environmental groups.There are plenty of other examples that raise questions, like housing and social security. Big real estate moguls are playing a major role in Biden’s campaign. Unlike his rivals, he has no comprehensive housing plan. When he pushed for cuts to Social Security, was he serving donors or his constituents?I can already hear the howls: But look at Trump! Trump is 1,000 times worse!You don’t need to convince me. I have spent my life writing about and fighting against corruption, and in America I have never seen anything like the current administration. In the last three years, I have made combatting Trump’s corruption the heart of my work.I was on the first lawsuit against him for corrupt constitutional violations and I ran for attorney general in New York on a platform of pointing out just how dangerous he is, and how important unused state laws are to stopping him. My work on corruption was cited in the House judiciary committee’s report on impeachment.> 2020 should be about a crystal clear contrast between truth and lies, corruption and integrity, compassion and crueltyBut here’s the thing: nominating a candidate like Biden will make it far more difficult to defeat Trump. It will allow Trump to muddy the water, to once again pretend he is the one “draining the swamp”, running against Washington culture. Trump and the Cambridge Analytica of 2020 will campaign, as they did in 2016, on a message of radical nihilism: everybody lies, everybody is corrupt, nothing matters, there is no truth.Corrupt politicians always use whataboutism. With Biden, we are basically handing Trump a whataboutism playbook. The comparison won’t be fair, but if you think he won’t use Biden’s closeness to donors as a cudgel to try to keep people home, you haven’t been paying attention. Unlike Democrats, who must give voters a reason to come out, Trump doesn’t need voters to love him. He just needs to convince people the whole game is ugly.Whether or not Biden is making choices to please donors, there is no doubt his record represents the transactional, grossly corrupt culture in Washington that long precedes Trump. We cannot allow Trump to so lower our standards that we aren’t even allowed to call out that culture, which has not only stymied progress but also harmed the Democratic party.The good news is that we still have time to break with this culture of corruption. We don’t have to choose Biden’s way, which would give Trump a perfect foil. The 2020 election should be about a crystal clear contrast between truth and lies, corruption and integrity, compassion and cruelty.We have a rare opportunity to end a larger culture of corruption and we should take it – we will regret it if we don’t. * Zephyr Teachout, an associate professor at Fordham Law School, is the author of Corruption in America: From Ben Franklin’s Snuff Box to Citizens United. Her next book is Break ’Em Up: Recovering Our Freedom from Big Ag, Big Tech, and Big Money. She has endorsed Bernie Sanders for president.


1/20/2020 5:00:24 AM
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