Tuesday, February 6, 2018

Donald Trump accuses Democrats of 'treason' for not clapping economic gains during State of the Union - Telegraph

Donald Trump accuses Democrats of 'treason' for not clapping economic gains during State of the Union
Donald Trump delivers his divisive comments at a manufacturing plant in Blue Ash, Ohio
Donald Trump delivers his divisive comments at a manufacturing plant in Blue Ash, Ohio
Our Foreign Staff
6 FEBRUARY 2018 • 4:32AM
President Donald Trump accused Democrats of treason on Monday, accusing them of “un-American” behaviour for failing to applaud economic gains during his State of the Union address.
His extraordinary outburst takes the country’s polarised politics to a new low.
He levelled the allegations at his political opponents as he addressed an audience in Ohio during a day when the year’s stock market gains were being wiped out by steep losses on Wall Street.
He said Republicans applauded throughout the speech in contrast to the silent Democrats, even as he celebrated historically low levels of unemployment among African-Americans.
"They were like death and un-American," he said . "Somebody said 'treasonous'. I mean, eh. I guess, why not? Can we call that treason, why not? I mean they certainly didn't seem to love our country very much.”
Treason is a capital offense and punishable by death in the United States.
Democrats gave Trump a decidedly cool reaction during the State of the Union. While falling unemployment has begun to lift wages, business executives are mixed on how much to credit Mr Trump and how much of the success is down to Barack Obama, his predecessor.
Jeff Merkley, a Democratic senator for Oregon, was unimpressed with the criticism.
@SenJeffMerkley
.@realDonaldTrump: “Treasonous” means betraying your country – like, say, if someone colluded with Russia to influence American elections. The freedom not to clap for ideas you disagree with is called the 1st Amendment. https://www.nbcnews.com/politics/white-house/trump-tags-democrats-treasonous-un-american-muted-sotu-reaction-n844851 …
9:43 AM - Feb 6, 2018
Over the past four years, the US economy has added 10 million jobs and the overall unemployment rate has fallen to its lowest level since 2000. Wage growth, however, has been sluggish, although it has shown signs of picking up recently.
During last Tuesday's address, the president touted his tax cuts and regulation rollbacks as the reason Americans are finally seeing more wages after "years and years" of stagnation.
"Every American should be alarmed by how @realDonaldTrump is working to make loyalty to him synonymous with loyalty to our country," Representative Nancy Pelosi, the top Democrat in the House of Representatives, said in a tweet. "That is not how democracy works."

Photos show Beijing’s militarisation of South China Sea in new detail - Guardian

Photos show Beijing’s militarisation of South China Sea in new detail
China accused of building ‘island fortresses’ as Filipino newspaper obtains images of strategic area
Tom Phillips in Beijing
Tue 6 Feb 2018 21.09 AEDT Last modified on Tue 6 Feb 2018 21.20 AEDT
An aerial picture of Chinese construction activities in the South China Sea
Beijing has been accused of building “island fortresses” in the South China Sea after a newspaper in the Philippines obtained aerial photographs offering what experts called the most detailed glimpse yet of China’s militarisation of the strategic waterway.
The Philippine Daily Inquirer said the surveillance photographs – passed to its reporters by an unnamed source – had been mostly taken between June and December last year and showed Chinese construction activities across the disputed Spratly archipelago between the Philippines and Vietnam.
Brunei, China, Malaysia, the Philippines, Taiwan and Vietnam have overlapping claims in the region.
The Inquirer said the images showed an “unrestrained” building campaign designed to project Chinese power across the resource-rich shipping route through which trillions of dollars of global trade flows each year.
Installations on Johnson South Reef
Facebook Twitter Pinterest Installations on Johnson South Reef. Photograph: Inquirer.net/Philippine Daily Inquirer
Some photographs show cargo ships and supply vessels, which the newspaper said appeared to be delivering construction materials to the China-controlled islands.
Others show runways, hangars, control towers, helipads and radomes as well as a series of multistorey buildings that China has built on reefs such as Fiery Cross, Subi, Mischief, McKennan, Johnson South, Gaven and Cuarteron.
The Inquirer described the reefs as “island fortresses”. Bonnie Glaser, an expert in Asia-Pacific security issues from the Center for Strategic and International Studies, called the images “the most complete, detailed batch of aerial pics available” of China’s military outposts in the South China Sea.
Bonnie Glaser / 葛来仪
@BonnieGlaser
EXCLUSIVE: New photos show China is nearly done with its militarization of South China Sea http://www.inquirer.net/specials/exclusive-china-militarization-south-china-sea …. This is the most complete, detailed batch of aerial pics available of China's SCS military outposts.
Ties between the two Asian countries have warmed since Rodrigo Duterte, thje Philippines president, took power in 2016 and set about forging a lucrative new alliance with China during a four-day state visit to Beijing.
Images from the Philippine Daily Inquirer showing Mischief Reef
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Images from the Philippine Daily Inquirer showing Mischief Reef. Photograph: Inquirer.net/Philippine Daily Inquirer
Responding to questions about the photographs, the presidential spokesman, Harry Roque, told reporters: “[The region has] long been militarised. And the question is, what can we do?”
He reportedly added: “What do you want us to do? We cannot declare war.”
Opposition figures hit back, accusing Duterte’s administration of betraying their “sacred core duty” to defend their country’s territory.
Experts interviewed by China’s Communist party press also shrugged off the photographs, suggesting they showed mostly civilian installations.
Fiery Cross Reef in the South China Sea
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Fiery Cross Reef. Photograph: Inquirer.net/Philippine Daily Inquirer
“Civilian facility construction is the major focus of the South China Sea islands building and the portion of defence deployment is relatively small,” Chen Xiangmiao, from the state-run National Institute for South China Sea Studies, told the Global Times.
Another Chinese expert, Zhuang Guotu, accused foreign journalists of “hyping” Beijing’s activities in the South China Sea, but added: “China has the right to build whatever it needs within its territory.” Zhuang claimed China’s military deployment was not for military expansion, but about defending its security and interests.
The photographs were published just a few weeks after a report claimed China had created military facilities about four times the size of Buckingham Palace on contested South China Sea islands.

Trump’s Lawyers Want Him to Refuse an Interview in Russia Inquiry - New York Times

Trump’s Lawyers Want Him to Refuse an Interview in Russia Inquiry
By MICHAEL S. SCHMIDT and MAGGIE HABERMANFEB. 5, 2018
John Dowd, the longtime Washington lawyer hired last summer to represent President Trump in the Russia investigation, wants Mr. Trump to rebuff an interview request from the special counsel. Credit Brendan Mcdermid/Reuters
WASHINGTON — Lawyers for President Trump have advised him against sitting down for a wide-ranging interview with the special counsel, Robert S. Mueller III, according to four people briefed on the matter, raising the specter of a monthslong court battle over whether the president must answer questions under oath.
His lawyers are concerned that the president, who has a history of making false statements and contradicting himself, could be charged with lying to investigators. Their stance puts them at odds with Mr. Trump, who has said publicly and privately that he is eager to speak with Mr. Mueller as part of the investigation into possible ties between his associates and Russia’s election interference, and whether he obstructed justice.
Mr. Trump’s decision about whether to speak to prosecutors, expected in the coming weeks, will shape one of the most consequential moments of the investigation. Refusing to sit for an interview opens the possibility that Mr. Mueller will subpoena the president to testify before a grand jury, setting up a court fight that would drastically escalate the investigation and could be decided by the Supreme Court.
Rejecting an interview with Mr. Mueller also carries political consequences. It would be certain to prompt accusations that the president is hiding something, and a court fight could prolong the special counsel inquiry, casting a shadow over Republicans as November’s midterm elections approach or beyond into the president’s re-election campaign.
But John Dowd, the longtime Washington defense lawyer hired last summer to represent Mr. Trump in the investigation, wants to rebuff an interview request, as do Mr. Dowd’s deputy, Jay Sekulow, and many West Wing advisers, according to the four people. The lawyers and aides believe the special counsel might be unwilling to subpoena the president and set off a showdown with the White House that Mr. Mueller could lose in court.
Trump Ordered Mueller Fired, but Backed Off When White House Counsel Threatened to Quit JAN. 25, 2018
They are convinced that Mr. Mueller lacks the legal standing to question Mr. Trump about some of the matters he is investigating, like the president’s role in providing a misleading response last summer to a New York Times article about a meeting Mr. Trump’s son Donald Trump Jr. had with Russians offering dirt on Hillary Clinton. The advisers have also argued that on other matters — like the allegations that the president asked James B. Comey, then the F.B.I. director, to end the investigation into the former national security adviser Michael T. Flynn — the president acted within his constitutional authority and cannot be questioned about acts that were legal.
One of the few voices arguing for cooperating with Mr. Mueller is Ty Cobb, the White House lawyer whom Mr. Trump also brought on to deal with Mr. Mueller’s investigation. Since Mr. Cobb was hired in July, he has argued that the White House should do everything possible to cooperate with Mr. Mueller’s investigation.
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But Mr. Dowd has taken the lead on dealing with the special counsel about an interview and has been discussing the matter with Mr. Mueller’s office since December.
Others close to Mr. Trump have also cautioned him against a freewheeling interview. Marc E. Kasowitz, the president’s longtime personal lawyer from New York who initially dealt with the special counsel after Mr. Mueller took over the Russia investigation last May, has also consistently said that the president should not agree to the interview.
Chris Christie, the former governor of New Jersey who led the presidential transition team until just after the election, bluntly said last week that Mr. Trump should reject a request to be questioned.
“I don’t think the president of the United States, unless there are credible allegations — which I don’t believe there are — should be sitting across from a special counsel,” he said on ABC’s “Good Morning America.”
Newt Gingrich, the former House speaker and an informal adviser to Mr. Trump, echoed that advice.
“The idea of putting Trump in a room with five or six hardened, very clever lawyers, all of whom are trying to trick him and trap him, would be a very, very bad idea,” Mr. Gingrich said last month on “Fox and Friends.”
Presidents have often agreed to speak with federal prosecutors who are investigating their actions or those close to them. But President Richard M. Nixon refused to turn over to the special prosecutor investigating him tapes of incriminating conversations with aides. The matter eventually went before the Supreme Court, which ruled in 1974 that the president, like every American, was not above the law and had to comply with the special prosecutor’s request.
“The upshot of the Nixon tapes case was that any president is going to have an extremely hard time resisting a request from a law enforcement officer,” said Neal K. Katyal, an acting solicitor general in the Obama administration and a partner at the law firm Hogan Lovells.
“In general,” he added, “presidents do sit for interviews or respond to requests from prosecutors because they take their constitutional responsibility to faithfully execute the laws seriously, and running away from a prosecutor isn’t consistent with faithfully executing the laws.”
Since Ty Cobb was hired as a White House lawyer in July, he has argued that the White House should cooperate with the special counsel investigation. Credit Gabriella Demczuk for The New York Times
Mr. Trump’s penchant for bravado has been a factor that his lawyers must contend with. The president has bragged to some aides that he would be able to clear himself if he talked to Mr. Mueller’s team.
“I’m looking forward to it, actually,” Mr. Trump told reporters at the White House last month, though he added, almost as an afterthought, that an interview would be “subject to my lawyers, and all of that.”
When pressed, he also said he would be willing to be questioned under oath. Questioning by Mr. Mueller would not be under oath, though lying to federal investigators is a crime.
Despite his penchant for exaggerations and falsehoods in public remarks, Mr. Trump has appeared far more aware of the legal risk of making false statements when he has been deposed in civil cases related to his businesses.
In one deposition related to a libel case that Mr. Trump brought against the journalist Tim O’Brien, Mr. Trump admitted more than two dozen times under oath that he had lied in the past about a range of subjects. Mr. Trump ultimately lost the case.
Since last summer, the White House has been in what Mr. Cobb has called “total cooperation mode.” He has issued few, if any, objections as Mr. Mueller’s team interviewed senior White House officials and reviewed reams of emails and other internal documents. The White House was operating on a strategy that, since Mr. Trump had nothing to hide, full cooperation was the best chance to bring the investigation to a quick, decisive end.
Mr. Cobb had told the president and the public that the Mueller inquiry would be over by the end of 2017, or soon after. But a month into 2018, it remains unclear when Mr. Mueller will wrap up the bulk of his work.
Privately, people close to the president have conceded that assuring Mr. Trump that the investigation would end by a certain date was primarily aimed at keeping him from antagonizing Mr. Mueller on his Twitter feed or in interviews.
Michael S. Schmidt reported from Washington, and Maggie Haberman from New York. Matt Apuzzo contributed reporting from Washington.

European markets have followed Asian markets lower on Tuesday as investors continued to dump shares. - BBC News

6/2/2018
European shares tumble in new sell off
European markets have followed Asian markets lower on Tuesday as investors continued to dump shares.
London, Frankfurt and Paris all fell sharply at the open with losses of up to 3%, before recovering some ground. In the US overnight the Dow lost 4.6%.
Japan's Nikkei 225 closed down 4.7%.
The sell-off began last week after data in the US showed stronger wage growth, which raised expectations that US interest rates might start to rise more quickly to tackle inflation.
London's FTSE 100 was down 126 points or almost 2% at 7,207 after the first few hours of trading, while Frankfurt's Dax and Paris's CAC were down 2% and 1.6% respectively.
On Monday the FTSE 100 closed at its lowest level since April of last year.
The falls follow some good years for investors.
In 2017 the Dow in the US was up 25% and London's FTSE 100 rose 7.6%.
Ftse
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The softness of markets over the last few days is down to one thing.
As monetary policy begins its long journey away from the trillions of pounds of stimulus pumped into the system to keep the economic ship from the rocks, shareholders are beginning to wonder how much of their investments are in companies with strong fundamentals.
And how much is simply holding up an asset bubble - frothy prices led ever higher in an era of ultra low interest rates and cheap money.
Fingers are hovering over the "sell" button.
And once investors start looking at their portfolio and selling out of the froth, automatic algorithmic trading tends to "chase the dip".
What happened in Asian markets?
Hong Kong's Hang Seng ended closed 5% lower and South Korea's Kospi index gave up 2.6%. Australia's benchmark S&P/ASX 200 lost 3.2%.
Japan's share index saw steeper falls overnight, with a loss of some 7% at one point.
Unlike elsewhere in the world, where interest rates are beginning to or are expected to start rising, Japan's immediate economic outlook remains stagnant. The authorities there said there was little chance of interest rates being increased.
What happened in the US?
Traders returned to their desk in the aftermath of Friday's rout to another bout of selling.
That left the Dow Jones Industrial Average index down 1,175 points, or 4.6% at the end of Monday's session to 24,345.75.
The decline was the largest in percentage terms for the Dow since August 2011, when markets dropped in the aftermath of "Black Monday" - the day Standard & Poor's downgraded its credit rating of the US.
A chart showing a 12-month price history of DJI closing prices. The sudden dip from early February can be clearly seen
The drop on the Dow was closely followed by the wider S&P 500 stock index, down 4.1% and the technology-heavy Nasdaq, which lost 3.7%.
The White House moved to reassure investors saying it was focused on "long-term economic fundamentals, which remain exceptionally strong".
What has driven the Dow's surge?
US jobs and wages rise in January
The US economy in six charts
How does it affect me?
Even if you don't own shares directly, the chances are that you will be paying into a pension which is invested in shares and bonds.
More than nine million people have auto enrolment pensions, and 12 million are active members of defined contribution schemes.
That means the value of the pension is dependent on the value of the investments in it.
Similarly, anyone who owns shares or funds in an ISA or a SIPP will have seen the value of their savings fall.
But experts point out that investments rise and fall over time, and over the longer term, it should make little difference.
"It is effectively no change for normal investors, in that you have ridden a wave on the way up, so now is not the time to cash in," said Rebecca O'Keefe, head of investment at Interactive Investor.
"This is unwelcome news, but it is fundamentally a not unexpected reaction to the euphoria that saw markets rise so fast."
Will this have long term impact?
Analysts say that in the short term, investors should be prepared for choppier stock markets, but doubt whether there will be a prolonged period of selling.
Jane Sydenham, investment director at the stockbrokers Rathbones, said the recent moves were a "correction" rather than a crash.
"What we have to remember is stock markets have had a very smooth ride upwards and we've not had a fall of more than 3% for 15 months. There's been a real lack of volatility, which is very unusual."
She added that bear markets tend to happen ahead of a recession and at the moment growth forecasts were being upgraded.
Erin Gibbs, portfolio manager for S&P Global Market Intelligence, said: "This isn't a collapse of the economy.


"This is concern that the economy is actually doing much better than expected and so we need to re-evaluate."

Hong Kong umbrella activist Joshua Wong walks free - BBC News

6/2/2018
Hong Kong umbrella activist Joshua Wong walks free
Joshua Wong, Alex Chow and Nathan Law (left-right) were key figures in the Umbrella protests
Hong Kong's top court has thrown out jail terms against three leaders of the 2014 pro-democracy "Umbrella" protests.
It reverses an earlier court appeal that saw Joshua Wong, 21, Nathan Law, 24, and Alex Chow, 27, being handed jail terms for unlawful assembly.
Their jail sentences attracted international attention, with rights groups accusing the government of cracking down on political protesters.
The 2014 protests paralysed parts of central Hong Kong for several weeks.
Wong, Law and Chow became the public face of the protests, which called for fully democratic elections for Hong Kong's leadership.
The sit-in became known as the "Umbrella movement" after protesters used umbrellas to shield themselves from tear gas fired by police.
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The trio were convicted of unlawful assembly over an incident that helped trigger the mass protests.
Wong and Law were initially handed community service terms, while Chow was given a suspended jail term, in 2016.
However, in an unusual move, the Hong Kong government appealed the sentences, arguing that it was too lenient.
The trio were then convicted of between six and eight months in jail by Hong Kong's Court of Appeal.
A protester (C) raises his umbrellas in front of tear gas which was fired by riot police to disperse protesters blocking the main street to the financial Central district outside the government headquarters in Hong Kong, September 28, 2014.Image copyrightREUTERS
Image caption
The 2014 umbrella protests paralysed central Hong Kong for almost three months
Rights groups criticised the government, saying the appeals were political decisions intended to deter future protests. However, the government denied this, saying there was "absolutely no basis" to claims of political motives.
On Tuesday, Hong Kong's Court of Final Appeal said it had unanimously "quashed the sentences of imprisonment", adding that the jail terms given to the three had been "significantly more severe" than those given for previous cases of unlawful assembly.
This outcome will be seen as a victory for the rule of law in Hong Kong, which many believe China is trying to undermine, BBC East Asia editor Michael Bristow reports.
Wong is currently appealing a separate prison sentence for contempt of court, which is also related to the 2014 protests.
Last week, a group of US lawmakers nominated Wong, Law and Chow for the Nobel Peace Prize, sparking criticism from the Hong Kong and Chinese governments.