'This Is Painful': Hillary Clinton Addresses Stunned Staff And Nation In Defeat

November 10, 2016

Washington, Nov 10: Hillary Clinton saw a rancorous campaign through to its bitter end on Wednesday, conceding the presidency to a man she had called unfit for the office and a threat to the fabric of the country.

clinton

In defeat, Clinton turned one of her central attacks on Donald Trump into a charge for the presidency she was denied, urging the next president and her disheartened supporters to respect the peaceful transfer of power.

"We have seen that our nation is more deeply divided than we thought," Clinton said hours after losing a presidential election she had been widely seen as sure to win. "But I still believe in America, and I always will. And if you do, then we must accept this result and then look to the future."

Speaking to a hastily assembled group of campaign staff, volunteers and supporters, Clinton went on: "Donald Trump is going to be our president. We owe him an open mind and the chance to lead."

She grew misty-eyed but maintained her composure even as her supporters could not throughout a speech she never imagined giving, in a hotel ballroom farther in feel than in distance from the exquisitely planned celebration she did not have on Tuesday night.

Hours earlier, Clinton had also planned to speak of the promise of "an America that's hopeful, inclusive and big-hearted." She had planned to call for unity and healing, with her own history-making election as the first female president a galvanizing example.

That dream started to unravel about 8:30 p.m. Tuesday, when roughly half the states had voted and results showed a Trump lead that Clinton's confident, data-driven campaign had not foreseen.

Clinton's second unsuccessful run for the White House relied heavily on a complex computer algorithm that the campaign was prepared to publicly unveil after the election.

As election results rolled in Tuesday, Clinton watched from a suite in the Peninsula Hotel in Manhattan as her would-be electoral advantage disappeared. The gulf opened and never closed as Trump performed more strongly than expected in several upper-Midwestern states that had voted for Democrats for a generation.

Earlier in the night, top Clinton aides bounced around the room doing media interviews and chatting with reporters, projecting optimism that Clinton's voters would come through with record turnout.

But by 9 p.m., the early warning signs had become dire. Virginia, a state that they thought would be an easy win, was looking like a squeaker. Florida had begun to appear out of reach. And Trump's victories in Iowa and Ohio, which were expected, became the leading edge of a Trump wave that swamped Clinton.

Not only did Trump capture big margins in battleground states, outperforming expectations for a divisive and damaged candidate, but he outperformed 2012 nominee Mitt Romney in some categories. Meanwhile, Clinton underperformed with the groups she needed most - minorities and younger voters - showing that she could neither recreate the much-admired "Obama coalition" nor assemble what her aides had begun to call her own "Hillary coalition."

One by one, Clinton aides began disappearing from the main hall and not answering their phones. They retreated to a nearby war room, which was cordoned off and guarded, and never returned. The mood outside the room turned from confusion to disbelief, anger and dejection.

Back at the Peninsula, campaign aides who were not part of Clinton's small core of intimate friends and advisers gradually peeled away and came to the Javits Center in ones and twos. Eventually it was only Clinton, her family and the closest advisers including Huma Abedin and Cheryl Mills making the decision first to put off a concession speech and then to concede by phone.

Mills smiled softly and shook her head when asked Wednesday what those hours were like.

"It's too raw," she said as she talked with Clinton supporters outside the New Yorker Hotel, where Clinton, flanked by running mate Sen. Tim Kaine, Va., and her husband and daughter, had said goodbye.

Clinton did not dwell Wednesday on what other friends said was an agonizing reckoning in that hotel room, but the mood was akin to the funeral for a sudden death - shocking, mystifying and starkly real. It was clear that no one - not Clinton, not her husband, not her supporters, not the core team of her campaign - had seen it coming.

"I know how disappointed you feel because I feel it too, and so do tens of millions of Americans who invested their hopes and dreams in this effort," Clinton said. "This is painful, and it will be for a long time."

Time and time again, Clinton and the team seemed to miss the magnitude of the forces that would overtake her in the Democratic primary and later against Trump.

It wasn't until Sen. Bernie Sanders of Vermont showed surprising strength in Iowa that the Clinton campaign put real stock in the strength of his populist economic message. The same forces helped Trump win on Tuesday.

Clinton would need voters to choose her over her opponents because of how she would "handle the economy and relate to the middle class," her campaign manager Robby Mook wrote in an email to close advisers in March 2014.

But more often, the effort to disqualify Trump based on his temperament took precedence over an economic focus.

Clinton's aides knew that there were soft spots in the Obama voting coalition that could pose problems for Clinton's bid. Her support among young voters was fragile, and in early voting, African American turnout and enthusiasm lagged.

In the end, Clinton's inability to bring out Democratic voters in the election was a dramatic failure that left her more than 5 million votes shy of Obama's total in 2012, according to preliminary results. Trump was ultimately able to claim victory having earned fewer votes than Romney did in 2012.

Latino voters did turn out in 2016, but many more than expected were willing to give Trump a shot at the White House. Among nonwhite voters, Clinton led Trump by 54 points - a whopping advantage but less than Obama's 61-point lead four years ago.

These miscalculations probably cost Clinton key states that Obama won four years ago: Michigan, Wisconsin, Florida and Pennsylvania. Clinton walked away having won the popular vote but having lost badly to Trump in the electoral college.

While her reliance on analytics became well known, the particulars of "Ada" the algorithm's work were kept under tight wraps, according to aides. The algorithm operated on a separate server than the rest of the Clinton operation as a security precaution, and only a few senior aides had access.

According to aides, a raft of polling numbers, public and private, were fed into the algorithm, as well as ground-level voter data collected by the campaign. Once early voting began, those numbers were factored in, too.

With that, aides said, Ada ran 400,000 simulations a day of what the race against Trump might look like. It spat out a report giving campaign manager Mook and others a detailed picture of which battleground states were most likely to tip the race in one direction or another - and guiding decisions about where to spend time and deploy resources.

But was it the right guidance? It appears that the importance of some states Clinton would lose - including Michigan and Wisconsin - never became fully apparent or that it was too late once it did.

Clinton made several visits to Michigan during the general election, but it wasn't until the final days that she, Obama and her husband made a concerted effort.

As for Wisconsin, Clinton didn't make any general-election appearances there at all.

Said Mook, in a wee-hours thank-you note to campaign workers: "Campaigns are incredibly hard, and sometimes the results don't reflect the merit, work and commitment that goes into them. This is one of those times."

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
July 4,2020

Maryland, Jul 4: The total number of coronavirus cases worldwide has touched 11 million, according to the latest data by the Johns Hopkins University on Saturday.
More than 523,613 people have died globally due to the infection, according to the data compiled by the university.

Though the virus is believed to have emerged from the Chinese city of Wuhan, the United States is the worst-hit country from COVID-19, which was declared as a pandemic by the WHO on March 11.

At least 129,275 people have died in the US from the coronavirus, according to Johns Hopkins University's latest tally.
There are at least 2,786,178 cases of the disease in the country. The US has the highest number of cases in the world.

The second worst-hit country is Brazil, which has reported 1,496,858 lakh cases. The country's death toll stands at 61,884.

The countries around the world including the US, India, Denmark, and Italy have started the process of lifting the lockdown by easing restrictions despite the number of cases continues to rise.

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Agencies
February 4,2020

The death toll in China's coronavirus rose sharply to 425 with 64 deaths on Monday alone while 3,235 new confirmed cases were reported, taking the number of those infected with the deadly disease to 20,438, Chinese health authorities said on Tuesday.

The 64 people who died on Monday were all from the Hubei province, the epicentre of the virus, China's National Health Commission said.

Also, 3,235 new confirmed cases of novel coronavirus infection were reported, a big increase in a day.

Another 5,072 new suspected cases were reported on Monday, said the commission, adding that 492 patients became seriously ill.

The commission said that 2,788 patients remained in severe condition and 23,214 people were suspected of being infected with the virus, a pointer that it is increasingly turning virulent.

The overall confirmed cases on the Chinese mainland had reached 20,438 by the end of Monday, the commission said, noting that a total of 425 people had died of the disease.

A total of 632 people had been discharged from hospital after recovery, state-run Xinhua news agency reported As the virus spreads from human to human, 221,015 close contacts had been traced, with 171,329 others still under medical observation.

By the end of Monday, 15 confirmed cases had been reported in Hong Kong, eight in the Macao and 10 in Taiwan.

The Philippines reported the first overseas death from the virus on Sunday while 148 cases have been reported from abroad.

India has reported three cases of the coronavirus. All the three patients from Kerala recently returned from the affected Wuhan city.

Currently, 647 Indians and seven Maldivians who have been evacuated from Wuhan and Hubei are in 14-day quarantine at a medical camp in Manesar, near Delhi.

As the virus continued to spread at an alarming rate, Chinese President Xi Jinping on Monday warned officials of punishment if they shirked responsibility in tackling the virus outbreak.

On Monday, China has opened a 1,000-bed hospital built in record nine days in Wuhan city and started trials for new drug to contain the virus and is set to open another 1,300 bed hospital next to it on Wednesday.

The ruling Communist Party of China on Monday held its political bureau meeting presided by President Xi to review the steps being taken on various fronts to halt the spread of the deadly virus.

The outcome of the epidemic prevention and control directly affects people's lives and health, the overall economic and social stability and the country's opening-up, Xi said.

"Those who disobey the unified command or shirk off responsibilities will be punished," Xi was quoted as saying by the state-run Xinhua news agency.

Xi said that the party and government leaders supervising them would also be held accountable in severe cases.

Chinese armament firms, including those building aircraft carrier and military aircraft, have postponed planned work in order to concentrate on controlling the risk of coronavirus, state-run Global Times reported.

Noted Chinese health expert Zhong Nanshan has said that based on the fresh evidence, the novel coronavirus, which is spreading rapidly in China and the world, may reach its peak in the next 10 to 14 days, contrary to earlier estimates of climaxing sooner.

This means that the cases would drastically increase in the next two weeks before slowing down.

Also, China has begun clinical trials to test a drug to treat the patients of the coronavirus which till now has no cure.

Currently, patients are being treated with a combination of antivirals and other measures, as scientists race to find a vaccine.

Some reports said drugs to treat HIV too was being tried to treat the patients.

The experimental antiviral drug, Remdesivir, to be tested in field trials is developed by US-based Gilead Sciences. It is aimed at treating infectious diseases such as Ebola and SARS, South China Morning Post reported.

It was given to the first US patient last week - a 35-year-old man whose condition appeared to improve within a day, it said.

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