Clinton Campaign doubts FBI motive, seeks more info

October 29, 2016

Washington, Oct 29: Stunned by FBI's decision to re-open its investigation into Hillary Clinton's email scandal, her campaign has raised serious doubt over the agency's move just days before the presidential elections and sought more information about the probe.

Hillary-Clinton"It is extraordinary that we would see something like this just 11 days out from a presidential election. The Director owes it to the American people to immediately provide the full details of what he is now examining. We are confident this will not produce any conclusions different from the one the FBI reached in July," the Clinton Campaign chairman John Podesta said in a strongly worded statement last afternoon.

The Clinton Campaign was taken aback when it learned from the US media that the FBI Director James Comey has written a letter to top Congressional leaders informing that it has learned of the existence of emails that appear to be pertinent to its investigation in to the use of private server and personal emails by Clinton, when she was the Secretary of State from 2009-2012, in the first term of the Obama Administration.

"In connection with an unrelated case, the FBI has learned of the existence of emails that appear to be pertinent to this investigation," Comey wrote in a letter to several House committee chairmen. Comey was briefed on the issue on Thursday.

"I am writing to inform you that the investigative team briefed me on this yesterday, and I agreed that the FBI should take appropriate investigative steps designed to allow investigators to review these emails to determine whether they contain classified information, as well as to assess their importance to our investigation," he said.

Neither the State Department or the White House knew about the latest move by the FBI, until the letter was leaked to the media by a Republican leader in the Congress who was one of its recipient.

However, Clinton's Republican rival Donald Trump, who has been trailing in the elections, declared the development as a "Big Day" and bigger than "Watergate" scandal. It took a few hours for Clinton Campaign to respond to the FBI's decision, which more than three months ago had determined that there is no need to file a legal case against the former Secretary of State.

"Upon completing this investigation more than three months ago, FBI Director Comey declared no reasonable prosecutor would move forward with a case like this and added that it was not even a close call," Podesta said.

"In the months since, Donald Trump and his Republican allies have been baselessly second-guessing the FBI and, in both public and private, browbeating the career officials there to revisit their conclusion in a desperate attempt to harm Hillary Clinton's presidential campaign," he alleged. "FBI Director Comey should immediately provide the American public more information than is contained in the letter he sent to eight Republican committee chairmen," Podesta demanded.

There has been no comment from FBI so far. "Already, we have seen characterisations that the FBI is 'reopening' an investigation but Comey's words do not match that characterisation," the Clinton Campaign chairman said in an apparent accusation to the media about allegedly twisting the story.

"Director Comey's letter refers to emails that have come to light in an unrelated case, but we have no idea what those emails are and the Director himself notes they may not even be significant," Podesta said as political pundits and analyst conceded that the latest FBI move would have an adverse impact in the remaining 11 days of the presidential elections, which is scheduled for November 8.

Watergate journalist Carl Bernstein said the FBI would not re-open its investigation until it found something very serious. "We don't know what this means yet except that it's a real bombshell. And it is unthinkable that the Director of the FBI would take this action lightly, that he would put this letter forth to the Congress of the United States saying there is more information out there about classified e-mails and call it to the attention of congress unless it was something requiring serious investigation," he told CNN in an interview.

Top Democratic leader and former House Speaker Nancy Pelosi, joined Podesta in asking FBI to release more information about its move. "The Director of the FBI himself stated that 'the FBI cannot yet assess whether or not this material may be significant'. Furthermore, there is not any indication that this review involves Secretary Clinton's own use of emails. The public interest would be served by the FBI providing the facts, rather than allowing Republicans to stoke innuendo and falsehoods 11 days away from a presidential election," she said.

Senator Dianne Feinstein alleged that this was direct interference to influence the elections. "The FBI has a history of extreme caution near Election Day so as not to influence the results. Today's break from that tradition is appalling," she said. "I was shocked to read Director Comey's letter in which he indicated 'the FBI should take appropriate investigative steps designed to allow investigators to review these emails to determine whether they contain classified information, as well as to assess their important to our investigation," she said.

"This is particularly troubling since so many questions are unanswered. It's unclear whether these emails have already been reviewed or if Secretary Clinton sent or received them. In fact, we don't even know if the FBI has these emails in its possession," Feinstein said.

The Democratic National Committee interim chair Donna Brazile said FBI sending such a vague letter 11 days before the elections is an "an irresponsible action" and, unsurprisingly, Trump and Republicans are rushing to politicise this episode without any of the facts. "The FBI has a solemn obligation to remain neutral in political matters...," Brazile said.

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News Network
February 10,2020

New Delhi, Feb 10: Former Jammu and Kashmir chief minister Omar Abdullah's sister on Monday moved the Supreme Court to challenge his detention under the Public Safety Act.

Senior advocate Kapil Sibal, appearing for the petitioner, mentioned the matter for urgent listing before a bench headed by Justice N V Ramana.

Sibal told the bench that they have filed a habeas corpus petition challenging the detention of Abdullah under the PSA and the matter should be heard this week.

The bench agreed for urgent listing of the matter.

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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News Network
May 19,2020

Washington, May 19: As the scientists across the world are struggling to develop a vaccine for combating coronavirus, US drugmaker Moderna announced on Monday (local time) that the phase I trial of its Covid-19 vaccine has shown positive early results.

The company is hopeful that it's vaccine could be available to the public as early as January next year. Several firms across the world are in the race to develop a vaccine for the deadly virus which has claimed over 3 lakh lives worldwide.

CNN citing Dr. Tal Zaks, Moderna's chief medical officer reported that "if future studies go well, the company's vaccine could be available to the public as early as January".

"This is absolutely good news and news that we think many have been waiting for for quite some time," Zaks was quoted as saying.

Moderna, based in Cambridge, Massachusetts announced that the vaccine developed neutralising antibodies to the virus at levels reaching or exceeding the levels seen in people who have naturally recovered from Covid-19, reported CNN.

These will be followed by phase 2 trials and phase 3 trials, which Moderna plans to start in July.

President Donald Trump had on Friday said that that the United States will be able to deliver a few hundred million doses of COVID-19 vaccine, under 'Operation Warp Speed', by the end of this year.

"I have very recently seen early data from a clinical trial with a coronavirus vaccine and this data made me feel even more confident that we'll be able to deliver a few hundred million doses of vaccine by the end of 2020 and we will do the best we can," Trump had said at a press conference at the White House on Friday.

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