Trump picks conservative judge Neil Gorsuch for Supreme Court

February 1, 2017

Washington, Feb 1: US President Donald Trump has nominated young federal appeals court judge Neil Gorsuch for the high-profile job on the Supreme Court, elevating a jurist who could cement the court's conservative bent and help shape the American legal establishment for decades, including on divisive issues such as gun control and religious rights.

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Gorsuch, 49, is the youngest Supreme Court nominee in a quarter century and is Trump's pick to fill a vacancy caused by the death of conservative Justice Antonin Scalia nearly a year ago.

Gorsuch's nomination underscores the fast-rising conservative's potential to shape major decisions for decades to come on major divisive issues such as abortion, gun control, the death penalty and religious rights.

"I am proud to announce the nomination of Judge Neil Gorsuch for Justice of the Supreme Court," Trump said in a televised prime-time event from the East Room of the White House.

"Judge Gorsuch has outstanding legal skills, a brilliant mind, tremendous discipline and has earned bipartisan support," Trump said adding, "It is an extraordinary resume — as good as it gets."

Born and raised in Colorado, Gorsuch attended Columbia University and Harvard Law School and after graduating with honours, he received his doctorate from the Oxford University as a Marshall Scholar.

Gorsuch is seen as an "originalist" who believes in the American Constitution's original intent and meaning.

"Judge Gorsuch has a superb intellect, an unparallelled legal education, and a commitment to interpreting the Constitution according to its text. He will make an incredible Justice as soon as the Senate confirms him," Trump said.

Making his first nomination to the Supreme Court, Trump also said that he was fulfilling his promise to select someone who loves the Constitution and respects laws and will interpret them as written.

In 2006, then President George W Bush nominated Gorsuch for the US Court of Appeals for the Tenth Circuit, and he was confirmed by voice vote without objection.

"I am honoured and humbled to receive this nomination. I look forward to meeting with Senators over the coming weeks as we begin this process," Gorsuch said.

Outlining his legal ideas, Gorsuch said: "It is the rule of judges to apply, not alter, the work of the people's representatives. A judge who likes every outcome he reaches is very likely a bad judge."

He also praised Justice Scalia as "a lion of the law."

Trump said he hoped both Democrats and Republicans can come together for once for the good of the country. But some Democrats have vowed to mount a vigorous challenge to nearly any nominee to what they view as the court's "stolen seat."

"This may be the most transparent judicial selection process in history," Trump said, adding "the qualifications of Judge Gorsuch are beyond dispute."

As a young man, Gorsuch delivered papers and worked as a front desk clerk at a Howard Johnson to make extra money. Now, he enjoys fishing, hiking and skiing. He and his wife care for animals, including a horse, in the small barn at their home.

The silver-haired jurist is known for writing incisive rulings, advocacy for court review of government regulations and defence of religious freedom.

If confirmed, Gorsuch's appointment could have a major impact on abortion, gender rights and gun control issues. Although Republicans hold 52 seats in the Senate, they need 60 to confirm a nominee.

"I pledge that if I am confirmed I will do all my powers permit to be a faithful servant of the Constitution and laws of this great country," Gorsuch said.

He said the Supreme Court's work is vital to protect the people's liberties under law and to the "continuity of our Constitution, the greatest charter of human liberty the world has ever known."

House Speaker Paul Ryan said in Gorsuch, Trump fulfilled his pledge to nominate a judge who has demonstrated loyalty to the Constitution. "He is a phenomenal nominee for the Supreme Court."

House Majority Leader Kevin McCarthy said Congress and the American people don't want a liberal Supreme Court justice or a conservative Supreme Court justice. "We want a justice who will decide cases based on the law and the Constitution as they are written. Neil Gorsuch appears to fit that mold."

The Democrats, however, voiced their opposition.

"Given his record, I have very serious doubts about Judge Gorsuch's ability to meet this standard. Judge Gorsuch has repeatedly sided with corporations over working people, demonstrated a hostility toward women's rights, and most troubling, hewed to an ideological approach to jurisprudence that makes me sceptical that he can be a strong, independent Justice on the Court," said Senate minority leader Charles Schumer.

"Make no mistake, Senate Democrats will not simply allow but require an exhaustive, robust, and comprehensive debate on Judge Gorsuch's fitness to be a Supreme Court Justice," he said, adding that the Senate must insist upon 60-votes for any Supreme Court nominee, a bar that was met by each of President Barack Obama's nominees.

Democratic Senator Patrick Leahy said he had hoped that Trump would work in a bipartisan way to pick a mainstream nominee like Merrick Garland and bring the country together.

"Instead, he outsourced this process to far-right interest groups. This is no way to treat a co-equal branch of government, or to protect the independence of our federal judiciary," he said.

National Abortion Federation in a statement expressed its disappointment. "We need a Supreme Court justice who will honour established precedent, including the constitutional right to privacy and Roe v Wade. That Justice is not Neil Gorsuch," said its president and CEO Vicki Saporta.

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News Network
March 30,2020

Geneva, Mar 30: The number of confirmed COVID-19 cases worldwide has reached 634,835, among them 29,957 fatalities, the World Health Organization (WHO) said on Sunday.

Over the past 24 hours, 63,159 people were confirmed to be infected with the novel coronavirus and 3,464 people died, the WHO said.

According to the latest situation report, the majority of the confirmed cases - more than 361,000 - are presently concentrated in Europe, with Italy leading the tally with over 92,000 cases, followed by Spain with over 72,000 cases, and Germany with over 52,000 cases.

Italy and Spain are also the countries that top the worldwide death toll from COVID-19, with 10,023 and 5,690 fatalities, respectively.

The second most affected region is currently the Americas with over 120,000 verified COVID-19 cases, of which the majority - over 103,000 - have been found in the United States. The US is also the country with the highest single tally of COVID-19 cases at the moment.
The WHO declared COVID-19 a pandemic on March 11.

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News Network
February 24,2020

Kuala Lumpur, Feb 24: Malaysian Prime Minister Mahathir Mohamad has submitted his resignation to the king, two sources with direct knowledge of the matter told Reuters on Monday, amid talks of forming a new coalition to govern the country.

Mahathir, 94, assumed office in May 2018 for his second stint as prime minister.

A spokesman from the prime minister's office declined to comment, saying only that a statement will be issued soon.

The sources declined to be named as they were not authorised to talk to the media.

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News Network
April 21,2020

New York, Apr 21: Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don't want to get stuck owning crude with nowhere to store it.

Stocks were also slipping on Wall Street in afternoon trading, with the S&P 500 down 0.9%, but the market's most dramatic action was by far in oil, where benchmark U.S. crude for May delivery plummeted to negative $3.70 per barrel, as of 2:15 pm. Eastern time.

Much of the drop into negative territory was chalked up to technical reasons — the May delivery contract is close to expiring so it was seeing less trading volume, which can exacerbate swings. But prices for deliveries even further into the future, which were seeing larger trading volumes, also plunged.

Demand for oil has collapsed so much due to the coronavirus pandemic that facilities for storing crude are nearly full.

Tanks could hit their limits within three weeks, according to Chris Midgley, head of analytics at S&P Global Platts.

Benchmark U.S. crude oil for June delivery, which shows a more ”normal” price, fell 14.8% to $21.32 per barrel, as factories and automobiles around the world remain idled. Big oil producers have announced cutbacks in production in hopes of better balancing supplies with demand, but many analysts say it's not enough.

“Basically, bears are out for blood,” analyst Naeem Aslam of Avatrade said in a report. “The steep fall in the price is because of the lack of sufficient demand and lack of storage place given the fact that the production cut has failed to address the supply glut.”

Halliburton swung between gains and sharp losses, even though it reported stronger results for the first three months of 2020 than analysts expected. The oilfield engineering company said that the pandemic has created so much turmoil in the industry that it “cannot reasonably estimate” how long the hit will last. It expects a further decline in revenue and profitability for the rest of 2020, particularly in North America.

Brent crude, the international standard, was down $1.78 to $26.30 per barrel. .

In the stock market, the mild drops ate into some of the big gains made since late March, driven lately by investors looking ahead to parts of the economy possibly reopening as infections level off in hard-hit areas.

Pessimists have called the rally overdone, pointing to the severe economic pain sweeping the world and continued uncertainty about how long it will last.

The Dow Jones Industrial Average was down 364 points, or 1.5%, to 23,887. The Nasdaq was down 0.1%..

More gains from companies that are winners in the new stay-at-home economy helped limit the market's losses Amazon rose 1.4%, and Netflix jumped 3.8% as people shut in at home buy staples and look to fill their time. Clorox likewise rose toward a new record and was up 1% as households and businesses that remain open look to stay clean.

In Tokyo the Nikkei 225 fell 1.1% after Japan reported that its exports fell nearly 12% in March from a year earlier as the pandemic hammered demand in its two biggest markets, the U.S. and China.

The Hang Seng index in Hong Kong lost 0.2%, and South Korea's Kospi fell 0.8%.

European markets were modestly higher The German DAX was up 0.5%, the French CAC 40 was up 0.7% and the FTSE 100 in London gained 0.7%.

In a sign of continued caution in the market, Treasury yields remained extremely low. The yield on the 10-year Treasury slipped to 0.64% from 0.65% late Friday. It started the year near 1.90%. Bond yields drop when their prices rise, and investors tend to buy Treasurys when they're worried about the economy.

Stocks have been on a generally upward swing recently, and the S&P 500 just closed out its first back-to-back weekly gain since the market began selling off in February. Promises of massive aid for the economy and markets by the Federal Reserve and U.S. government ignited the rally, which sent the S&P 500 up as much as 28.5% since a low on March 23.

More recently, countries around the world have tentatively eased up on business-shutdown restrictions put in place to slow the spread of the virus.

But health experts warn the pandemic is far from over and new flareups could ignite if governments rush to allow ”normal” life to return prematurely.

The S&P 500 remains about 15% below its record high in February as millions more U.S. workers file for unemployment every week amid the shutdowns.

Many analysts also warn that a significant part of the recent recovery in stocks is due to the expectation among some investors that the economy will rebound sharply once economic quarantines are lifted. They're essentially predicting that a line chart of the economy will ultimately resemble the letter “V,” with a wild ride down but then a quick pivot to a vigorous recovery.

That may be to optimistic. “We caution that a U-shaped recovery is also quite likely,” where the economy bottoms out and stays at that low level for a while before recovering, strategists at Barclays warned in a recent report.

Without strong testing programs for COVID-19, businesses likely won't feel comfortable bringing back their full workforces for a while.

”With risk assets now overbought, the chance for a correction has increased,” Morgan Stanley strategists wrote in a report.

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