Kamala Harris emerges as frontrunner to oust Trump

Agencies
January 29, 2019

Washington, Jan 29: Early 2020 presidential candidate Kamala Harris introduced herself to American voters Monday by drawing a sharp contrast with Donald Trump, offering a robust defense of her progressive positions a day after formally declaring her White House bid.

By launching her campaign a year before any primary votes are cast, the Democratic senator from California leapfrogs several party luminaries waiting in the wings, and a few already in the race, to become the de facto frontrunner.

It is a burgeoning field that may ultimately feature dozens of candidates seeking to oust President Donald Trump.

Harris immediately took her campaign to Iowa, the state that votes first in the nominating process, holding a televised town hall from Des Moines where she eviscerated the Trump administration for "lighting that fire" of racial division and seeking to "vilify" young immigrants.

"There is a lot of work to do," she told a crowd at Drake University, deftly handling questions from health care to criminal justice reform to gun safety to the war in Afghanistan.

A crowd of more than 20,000 watched her kick off her campaign Sunday in Oakland, California. But her prime-time town hall brought her into the living rooms of many more Americans.

Complicating the launch, billionaire former Starbucks chief executive Howard Schultz said hours after her announcement that he is seriously considering entering the race -- as an independent.

The self-described "lifelong Democrat" told CBS news show "60 Minutes" that he will run as a "centrist independent outside of the two-party system."

Not only is Trump unqualified to be president, Schultz said, but Republicans and Democrats are failing the American people by engaging daily in "revenge politics."

Schultz's announcement drew sharp rebukes from Democrats, who warned he would siphon off Democratic votes and clear Trump's path to re-election.

"I urge him, for the good of the country, to reconsider this bad idea," tweeted House Democrat Brendan Boyle.

Trump, clearly aware that a Schultz run could help the sitting president, appear to seek to goad him into the race, declaring the coffee king "doesn't have the 'guts' to run for President!"

But another billionaire businessman, former New York mayor Michael Bloomberg, strongly urged Schultz to halt his independent antics.

"In 2020, the great likelihood is that an independent would just split the anti-Trump vote and end up re-electing the president," said Bloomberg, who himself considered an independent run three years ago but ultimately backed off.

Schultz, at a book signing in New York, stressed he was not aiming to split the Democratic vote.

"I am not running against the Democrats," although the party has shifted "far, far left," Schultz said, insisting "nobody" wants to see Trump out of office more than he does.

Harris, 54, and Schultz, 65, join several candidate already in the race, including Senator Elizabeth Warren of Massachusetts, New York's Senator Kirsten Gillibrand, House Democrat Tulsi Gabbard of Hawaii and Obama-era housing secretary Julian Castro of Texas.

The compelling Oakland speech and follow-up town hall was a double-barrelled show of strength by Harris and most likely a calculated shot across the bow to those still on the 2020 sidelines, notably the four Bs mulling a run: Joe Biden, Bernie Sanders, Cory Booker and Beto O'Rourke.

Harris, a former state attorney general, said her platform will include several progressive policies like debt-free college, a "green new deal" addressing climate change and "Medicare for all," which would allow Americans to opt into government-run health coverage.

Harris rarely mentioned Trump by name, but he was clearly a target.

She said projecting presidential authority "means speaking with integrity (and) speaking truth, and speaking in a way that expresses and indicates some level of interest and concern in people other than oneself."

On immigration, she blasted Trump's "inhumane" policy that has led to child separations at the border, and said he has failed young immigrants who were brought to the country as children.

"They're serving in our military, they are living productive lives, and this administration has decided to vilify them and to trade on them for the sake of this president's medieval vanity project called a wall," she said.

Harris's father is from Jamaica and her mother is Indian. If elected, she would become the first African American woman president in US history.

One distinct advantage for Harris is the shift that her home state has made in the primary calendar.

For years, California -- the nation's most populous state -- voted near the end of the process, meaning nominees were often decided before a single Californian cast a vote.

But the state has moved its primary forward to March 3, 2020, which would give the Golden State a dramatically more powerful say in determining the nominee.

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News Network
May 24,2020

New Delhi, May 24: The Indian economy is likely to slip into recession in the third quarter of this fiscal as loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic, says a report.

According to Dun & Bradstreet's latest Economic Observer, the country's economic recovery will depend on the efficacy and duration of implementation of the government's stimulus package.

"The multiplier effect of the stimulus measures on the economy will depend on three key aspects i.e. the time taken for effecting the withdrawal of the lockdown, the efficacy of implementation and duration of execution of the measures announced," Dun & Bradstreet India Chief Economist Arun Singh said.

The report noted that the government's larger-than-expected stimulus package is likely to re-start economic activities.

Besides, measures taken by the Reserve Bank of India like reducing the repo rate by a further 40 basis points to 4 per cent, extending the moratorium period by three months and facilitating working capital financing will also help stimulate the momentum.

Singh said while the measures announced by the government are "positive", most of them have been directed towards strengthening the supply side of the economy, and "it is to be noted that supply needs to be matched with demand", he said.

Besides, "in the absence of cash-in-hand benefits under the government's stimulus package, demand for goods and services is expected to remain depressed", he added.

He further said the loss in income and employment opportunities, and cautiousness among consumers, will lead to a delayed recovery in consumer demand, even after the pandemic. As debt and bad loan levels increase, the banking sector might face challenges.

The report further noted that even as the monetary stimulus is expected to inject liquidity and stimulate demand for a wider section of the economy, the channelisation of funds from the financial institutions will be subjected to several constraints.

The foremost concern being increase in risk averseness, as the balance sheets of firms, households, and banks/NBFCs have weakened considerably and low demand for funds by firms as production activities have been on a standstill during the lockdown period, Singh said.

India has been under lockdown since March 25 to contain the spread of the coronavirus, resulting in supply disruptions and demand compression.

Prime Minister Narendra Modi imposed a nationwide lockdown to control the spread of coronavirus on March 25. It has been extended thrice, with some relaxations. The fourth phase of the lockdown is set to expire on May 31. 

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News Network
January 2,2020

New Delhi, Jan 2: Thirteen firefighters were among the 14 people injured when a battery factory collapsed in northwest Delhi's Peera Garhi following an explosion due to a fire that broke out early on Thursday morning, officials said.

A fire brigade personnel still remained trapped under the debris of the building in Udyog Nagar area, an official said.

A large portion of the two-storey building collapsed following an explosion when firefighters were dousing the blaze, the official said, adding that fire department had received a call at 4.23am.

Plumes of smoke billowed out from the building as the fire brigade personnel battled to contain the blaze. An eyewitness said several explosions were heard as the blaze gutted down the building.

The National Disaster Response Force (NDRF) and civil authorities rushed to the spot to control the situation, an official said, adding that 35 fire tenders were at the spot.

The injured, including a security guard of the factory, were rushed to nearby hospitals, a police officer said.

Chief Minister Arvind Kejriwal said he was monitoring the situation.

"V sad to hear this. Am closely monitoring the situation. Fire personnel trying their best. Praying for the safety of those trapped," Kejriwal tweeted.

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Agencies
April 2,2020
Thailand's controversial king has created a category of his own with his idea of self-isolation.
 
According to reports, King Maha Vajiralongkorn, also known as Rama X, has hired out an entire luxury hotel in Germany, where he has been 'self-isolating' with 20 women.
 
The luxury hotel, the Grand Hotel Sonnenbichl, is in the Alpine resort town of Garmisch-Partenkirchen.
 
The 67-year-old king is self-isolating with his entourage that includes a 'harem' of 20 concubines and several servants, reported Bild.
 
However, it is unclear if his four wives are currently living in the same hotel.

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