Comey accuses Trump administration of defaming him, 'lies'

June 8, 2017

Washington, Jun 8: Former FBI Director James Comey on Thursday accused the Trump administration of defaming him and telling lies about the agency, but declined to offer his opinion on whether President Donald Trump sought to obstruct justice by asking him to drop an investigation into the former national security advisor.comey

Comey told U.S. lawmakers at a hearing before a Senate panel he was confused by "the shifting explanations" given by the Trump administration for his firing on May 9.

"Although the law required no reason at all to fire the FBI director, the administration then chose to defame me and more importantly the FBI by saying that the organization was in disarray, that the workforce had lost confidence in its leader," Comey said.

"Those were lies, plain and simple, and I am so sorry that the FBI workforce had to hear them and that the American people were told that," Comey said.

Trump triggered a political firestorm on May 9 when he dismissed Comey, who was heading an FBI probe into allegations of Russian meddling into the 2016 U.S. presidential election.

In written testimony released a day before the hearing, Comey said Trump had asked him to drop an FBI investigation of former national security adviser Michael Flynn as part of the probe. Comey said Trump told him at a meeting in the White House in February, "I hope you can see your way clear to letting this go, to letting Flynn go."

Some legal experts said Comey's testimony could strengthen any impeachment case in Congress to remove Trump from office built on an allegation of obstruction of justice.

"I don't think it's for me to say whether the conversation I had with the president was an effort to obstruct. I took it as a very disturbing thing, very concerning," Comey said. "But that's a conclusion I'm sure the special counsel will work towards to try and understand what the intention was there and whether that's an offense."

The Republican president said Comey had lost the faith of his workforce, but later suggested that his dismissal was related to the Russia investigation.

"When I was appointed FBI director in 2013, I understood that I served at the pleasure of the president," Comey told the Senate Intelligence Committee in one of the most widely anticipated U.S. congressional hearing in years.

"On May the ninth, when I learned that I was fired, for that reason, I immediately came home as a private citizen. But then the explanations, the shifting explanations confused me and increasingly concerned me," Comey said.

The hearing could have significant repercussions for Trump's presidency as special counsel Robert Mueller and several congressional committees investigate alleged Russian efforts to influence the 2016 presidential election and whether Trump's campaign colluded with this.

Russia has denied such interference and the White House has denied any collusion.

The issue has dogged Trump's first months in office, with critics saying that any efforts by him to hinder the FBI probe could amount to obstruction of justice. Comey will be making his first public appearance since Trump fired him.

Photographers crowded around as Comey, wearing a dark suit, took his seat at the witness table alone at the start of the hearing in a room on Capitol Hill.

Trump planned to watch the hearing with his outside counsel Marc Kasowitz and other advisers in a dining room in the White House, a source familiar with the plan said.

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News Network
March 21,2020

Rome, Mar 21: Italy on Friday reported a record 627 new deaths from the novel coronavirus, taking its overall toll past 4,000 as the pandemic gathered pace despite government efforts to halt its spread.

The total number of deaths was 4,032, with the number of infections reaching 47,021.

Italy's previous one-day record death toll was 475 on Wednesday.

The nation of 60 million now accounts for 36.6 percent of the world's coronavirus deaths.

Italy has seen more than 1,500 deaths from COVID-19 in the past three days alone.

Its current daily death rate is higher than that officially reported by China at the peak of its outbreak around Wuhan's Hubei province.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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News Network
June 29,2020

Paris, Jun 29: More than half a million people have been killed by the novel coronavirus, nearly two thirds of them in the United States and Europe, according to an news agency tally at 2200 GMT Sunday based on official sources.

The official death count for the disease now stands at 500,390 deaths from 10,099,576 cases recorded worldwide. The United States has suffered the highest death count (125,747), followed by Brazil (57,622) and the United Kingdom (43,550).

The tallies, using data collected by AFP from national authorities and information from the World Health Organization (WHO), probably reflect only a fraction of the actual number of infections.

Many countries are testing only the most serious cases.

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