With recounts looming, Donald Trump adds new administration picks

November 26, 2016

Madison, Nov 26: President-elect Donald Trump pressed forward Friday with two more administration picks, as failed Green Party candidate Jill Stein took new steps to force recounts across key Midwestern battlegrounds that could complicate Trump's push for national unity.

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Stein, who earned little more than 1 percent of the national vote, formally requested a Wisconsin recount Friday afternoon, vowing to do the same in the coming days in Michigan and Pennsylvania. Wisconsin officials confirmed Friday evening they would move forward with the first presidential recount in state history. There is no evidence of election tampering in the states where Trump scored razor-thin victories, but Green Party spokesman George Martin insisted “the American public needs to have it investigated to make sure our votes count.”

“We're doing this to ensure the integrity of our system,” he said.

Trump's team ignored questions about the looming recounts. Set to assume the presidency in 55 days, he was focused instead on the daunting task of building an administration from scratch.

Gathered with family at his Mar-a-Lago Palm Beach estate for the holiday weekend, the incoming president made two senior-level staff appointments and scheduled meetings with several more prospective administration officials.

He tapped Fox News analyst Kathleen Troia “KT” McFarland to serve as deputy national security adviser and campaign attorney Donald McGahn as White House counsel. In a statement, Trump cited McFarland's “tremendous experience and innate talent” and said McGahn “has a brilliant legal mind, excellent character and a deep understanding of constitutional law.”

Having faced criticism about the inexperience of his initial picks, Trump finds in McFarland someone who previously worked under three presidents, although none since Ronald Reagan.McGahn, a veteran Republican election lawyer, served as Trump's attorney during the campaign.

Neither position requires Senate confirmation.

Trump transition spokesman Sean Spicer said the president-elect scheduled Monday meetings with eight more prospective administration hires, a group that includes several business leaders, Pennsylvania Rep. Lou Barletta, and David Clarke, the Wisconsin sheriff who is an aggressive opponent of the Black Lives Matter movement.

Facing external pressure from Stein, there were also signs of internal discord within the president-elect's small inner circle as Trump weighed his choices for secretary of state.

The options for the nation's chief diplomat include former New York City Mayor Rudy Giuliani, who lacks foreign policy experience but was intensely loyal to Trump, and 2012 Republican presidential nominee Mitt Romney, who aggressively opposed Trump's candidacy but is largely regarded as more qualified.

Trump spokeswoman Kellyanne Conway took the unusual step of shining light on the controversy over the Thanksgiving holiday, tweeting that she had been “receiving a deluge of social media & private concerns re: Romney Some Trump loyalists warn against Romney as sec of state.”

Meanwhile, Stein announced on her website she has raised enough money to fund recounts in Wisconsin and Pennsylvania and was pursuing additional funding to do the same in Michigan.

Trump's Nov. 8 victory was unexpected and historic, by some measures.

Democratic nominee Hillary Clinton leads the national popular vote by close to 2 million votes. Trump scored narrow victories in key battleground states, however, giving him the necessary 270 electoral votes to assume the presidency.

He won in Pennsylvania. He won in Wisconsin, breaking a Democratic winning streak dating back 32 years. He holds a slim lead in Michigan, where a Republican presidential candidate hadn't won since 1988; The Associated Press still hasn't officially called that race.

Wisconsin, where Trump leads by little more than 22,000 votes, has never before conducted a presidential recount. It will this year, state administrator Michael Haas announced Friday, citing recount requests by Stein and independent candidate Rocky De La Fuente.

“The Commission is preparing to move forward with a statewide recount of votes for President of the United States, as requested by these candidates,” Haas said, noting that the recount is expected to be completed by the Dec. 13 federal deadline.

In Michigan, Trump's 10,704-vote lead is expected to be certified by the state elections board Monday. The deadline to ask for a recount is Wednesday.

A statewide recount would cost Stein roughly $790,000, said Fred Woodhams, a spokesman for the Michigan secretary of state. An opposing candidate would have seven days to file objections to the recount petition, after which the board would schedule a public hearing and later issue a ruling on the objections.

Trump's transition team indicated he was focused on the challenges of governing.

Since arriving at his Palm Beach estate Wednesday, they said, the president-elect has spoken to the prime ministers of Greece, Hungary and Sweden, along with the presidents of Panama and Slovenia.

He is expected to return to his New York City home on Sunday.

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February 21,2020

New Delhi, Feb 21: Global terror financing watchdog FATF on Friday decided continuation of Pakistan in the "Grey List" and warned the country that stern action will be taken if it fails to check flow of money to terror groups like the LeT and the JeM, sources said.

The decision has been taken at the Financial Action Task Force's plenary in Paris.

The FATF decided to continue Pakistani in the "Grey List". The FATF also warned Pakistan that if it doesn't complete a full action plan by June, it could lead to consequences on its businesses, a source said.

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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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June 26,2020

Washington, Jun 26: The US is reviewing its global deployment of forces to ensure it is postured appropriately to counter the People's Liberation Army, given the increasing threat posed by China to Asian countries like India, Malaysia, Indonesia, and the Philippines, Secretary of State Mike Pompeo said on Thursday.

Mr Pompeo made those remarks in response to a question during the virtual Brussels Forum 2020 of the German Marshall Fund.

"We're going to make sure we're postured appropriately to counter the PLA. We think that the challenge of our times, and we're going to make sure we have resources in place to do that," Mr Pompeo said.
 
The force posture review is being done at the direction of President Donald Trump, as part of which the US is reducing the number of its troops in Germany from about 52,000 to 25,000, he said.

Mike Pompeo said that the force posture would be dictated by the ground realities.

"In certain places there will be fewer American resources. There'll be other places - I just talked about the threat from the Chinese Communist Party, so now threats to India, threats to Vietnam, threats to Malaysia, Indonesia, South China Sea challenges, the Philippines," he said.

"To the extent that that changed, the difference in what the US decided to do impacts adversely a threat some place, it may be that other nations need to step up and take responsibility for their own defense in ways that they hadn't done previously. So, we want to do this in full consultation with all of our partners all around the world, and certainly our friends in Europe," Mr Pompeo said.

President Trump is being criticised for reducing troops from Germany. His critics say that this will increase the threat from Russia to Europe.

Mike Pompeo, however, did not agree with that argument.

It has been a long time since there has been a strategic review of our force posture all across the world. The US undertook that starting about 2.5 years ago, whether that was our forces in Africa, our forces in Asia, the force we have in the Middle East and in Europe, he said.

"We began to say these are often decisions that were made in a different time. Should we reallocate those a different way? Should we have a different composition of those forces? Everyone always wants to talk about ground troops. I get it. I was a young tank officer. You described that. There's nothing I like as much as a good M1 tank.

"But it's often the case that the capacity to deter Russia or other adversaries isn''t determined any longer by just having a bunch of folks garrisoned someplace. So, we really went to back fundamentally relook, what is the nature of the conflict, what''s the nature of the threat, and how should we allocate our resources, whether that''s our resources in the intelligence community, our resources from the Air Force or the Marines and Army," Mr Pompeo said.

Last week, Mike Pompeo criticised the Chinese Army for "escalating" the border tension with India and militarising the strategic South China Sea. He also described the ruling Communist Party of China (CPC) as a "rogue actor".

"Our broad set of allocation of security apparatus, our ability to counter cyber threats, how do we allocate them? What''s the best way to do this? And the decision that you see the president made with respect to Germany is an outcome from a collective set of decisions about how we''re going to posture our resources around the world," said the top American diplomat on Thursday.

Changes in force posture is being taken in consultations with allies and friends, Mr Pompeo said.

"President Trump has spoken to this. (Defense) Secretary (Mark) Esper will be in London today and in Brussels tomorrow. We''ll talk about our plan and how we''re thinking about delivering it," he said.

"But you should understand this, and I hope our European partners will understand this as well. When you see what we ultimately conclude, how we ultimately deliver on the statements of the president made, that they''re aimed squarely at what we believe to be democracies'' fundamental interest and certainly America's most fundamental interest," Mr Pompeo said.

Earlier this month, Mike Pompeo had said that China's actions, be it on the India border, or in Hong Kong or in the South China Sea, were part of the behaviour of the ruling Communist Party in Beijing in the recent past.

China has been fast expanding military and economic influence in the Indo-Pacific region, triggering concern in various countries of the region and beyond.

China is engaged in hotly contested territorial disputes in both the South China Sea and the East China Sea. Beijing has built up and militarised many of the islands and reefs it controls in the region. Both areas are stated to be rich in minerals, oil and other natural resources and are vital to global trade.

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