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Trump’s funding request for U.S. border wall hits snag among some Republicans

WASHINGTON ( ) – President Donald Trump’s call for $1.5 billion this year to help build a wall along the border with Mexico could be in jeopardy as fellow Republicans in Congress weigh delaying a decision on the request.

Republican Senator Roy Blunt, a member of his party’s leadership, told reporters on Tuesday that money for the wall likely would not be coupled with a spending bill that must pass by April 28 to avoid shutting down federal agencies whose funding expires then.

Blunt said the must-do funding “comes together better” without Trump’s additional request for the border wall and military programs and could be considered “at a later time.”

Democrats are threatening to block the bill funding federal agencies from April 29 to Sept. 30, the end of the current fiscal year, if money for the border 上海夜网wall is included.

They object to one of Trump’s premier 2016 campaign promises, saying it is poorly planned and that there are other border security measures already constructed or under consideration.

When he ran for president, Trump pledged Mexico would pay to build the wall, designed to keep illegal immigrants and drugs from entering the United States. The Mexican government has said it will not do so.

The initiative has also faced resistance among Republicans, including lawmakers representing some border towns. The federal government would have to purchase land in many locations in order to construct the edifice, which could make construction costs soar.

reported the wall could end up costing as much as $21.6 billion, far more than the $12 billion Trump cited.

Representative Mario Diaz-Balart also expressed skepticism about Congress’ ability to approve funds for the wall, given the super-majority vote needed in the Senate for most major legislation.

Asked about the wall, Diaz-Balart, a senior member of the House of Representatives’ Appropriations Committee and a leading voice on immigration policy, said: “I’m always willing to look at other things we can do to try to get that 60-vote threshold” on border and interior security.

Lawmakers said progress was being made on legislation to keep the government running beyond April 28.

House Speaker Paul Ryan removed another potential land mine on Tuesday when he said a Republican drive to end federal funding for women’s healthcare provider Planned Parenthood would be best accomplished on legislation other than the upcoming funding bill.

Democrats have vowed to stop the must-do money bill if it ended Planned Parenthood’s federal funds.

Brexit chaos holding back UK tech sector: London mayor

LONDON ( ) – London’s booming technology sector could be making even faster progress if the gridlock over Brexit wasn’t depriving thousands of start-ups and big tech companies of the certainty they need over policy, London mayor Sadiq Khan said on Monday.

Speaking on the op上海夜生活论坛ening day of London Tech Week, Europe’s biggest technology festival, Khan said Brexit had drained government resources and attention away from important debates, such as over the use artificial intelligence (AI).

“There’s no doubt that as a country we should be much further ahead than we are now – not only in terms of making sure we can make the most of what (AI) has to offer, but in terms of educating the public, encouraging public debate and preparing for the potential impact on our society,” he said.

Britain voted to leave the European Union nearly three years ago but there is little clarity on how or when it will happen.

Conservative Prime Minister Theresa May has failed to get her Brexit divorce agreement over the line, resulting in the end of her premiership, and Khan’s Labour party is also split, in particular over a second referendum.

Khan said there was a “huge amount of uncertainty” over Brexit, hitting investment in London and the rest of Britain.

“The best way to break the gridlock, is for the British public to have a say for the first time: ‘Do we accept the deal negotiated by the government’, with the option of remaining in the European Union,” he told in an interview. “I think it should happen sooner than later.”

He said the Labour party needed to be clearer about its policy, and back a public vote.

Despite Brexit uncertainty, Khan said London’s tech sector was flourishing.

“There’s a real energy and fizz here,” he said, adding London was home to more AI companies than Berlin and Paris combined.

Tech companies based in the city attracted a record 2.56 billion pounds ($3.26 billion) in venture capital in the first six months of 2019, more than twice as much as those in Berlin, the Mayor of London’s investment agency said on Monday.

Some of the largest investment deals in the first half of the year included 441 million pounds for e-commerce food delivery firm Deliveroo. Online payments business Checkout.com, meanwhile, raised 176 million pounds, the agency said.

The city also attracted more foreign direct investment projects from overseas tech companies than any other city in the past 12 months, London & Partners said, with 91 international technology companies investing a total of 864 million pounds.

U.S. tech giants such as Apple, Google and Facebook have announced major investments in London in recent years.

Khan has a long-running feud with Donald Trump that was re-ignited last week when the U.S. president arrived in London for a state visit, an invitation criticized by the mayor. Trump tweeted that Khan was a “stone cold loser”.

“I think it is up to Donald Trump to answer why he is obsessed with me,” Khan said.

“I speak almost on a daily basis with Americans who love our city, many of them are embarrassed by what their president is doing, but it’s for him to explain his behavior,” he said. “But I am clear, we are a pro-America city.”

European stocks clock best weekly showing in two months, French shares shine

( ) – European stocks posted their best weekly performance since early April on Friday, aided by strong gains in Paris, against a backdrop of hope among investors that central banks would support global growth with more accommodative policies.

The Bundesbank slashed its growth projections for Germany and euro zone money markets now price in a 60% chance of the European Central Bank cutting interest rates by 10 basis points by year-end, while U.S. job growth slowed sharply in May, feeding expectations of lower U.S. interest rates in 2019.

The pan-European STOXX 600 gained 0.9%, with Paris-traded stocks posting a 1.6% gain. Frankfurt-listed shares rose 0.8%, while their peers in London firmed 1%.

“Investors continue to pile into equities, with the jobs report and subsequent stock rally capping a very good week for equity markets,” Chris Beauchamp, chief market analyst at IG, wrote in a note.

上海夜生活网Sanofi tacked on 4.4% to prop up the French index and European health care stocks, on news it has poached Paul Hudson from Novartis to become its new chief executive later this year.

The STOXX 600’s top performer was Dutch insurer ASR Nederland with a 5.8% rise, after rival Vivat, for which ASR previously made an offer, agreed to be bought by private European life insurer Athora.

Technology shares, broadly sensitive to trade war ructions, starred with a 2% gain. Chinese President Xi Jinping on Friday called U.S. President Donald Trump his friend and said he believed the United States was not interested in rupturing economic ties with China.

The chemicals sector was among Europe’s top performers, rising 1.1%. Belgian chemical and materials maker Solvay gained 2.3%, aided by UBS upgrading its rating on the stock and boosting its target price.

While higher Brent crude futures fuelled energy shares’ 1.2% rise, Polskie Gornictwo Naftowe i Gazownictwo SA led the sector with a 3.5% gain. A unit of the Polish firm bought a stake in the Norwegian King Lear deposit from Total E&P Norge.

Financial services rose 0.8%, with the sector’s gains led by Exor, which added 1.6%. The Milan-listed firm is the top shareholder in Fiat Chrysler Automobiles, which pulled away from an offer to merge with Renault earlier this week.

Automakers and their suppliers gained 0.1%, as a 4.9% fall in German car parts maker Hella following a rating downgrade by brokerage BHF weighed.

Real estate stocks dipped 0.6%, making them the STOXX 600’s only losing sub-sector.

Deutsche Wohnen slid 8.5% after Morgan Stanley downgraded its rating on the German property group to “equal weight” from “overweight”.

The bank cited the risk of rising political involvement in the German residential market. The Berlin Senate proposed earlier this week to impose a five-year rent freeze from January 2020.

Republicans look to seize on revived Clinton email issue in White House, Congress races

WASHINGTON ( ) – Republicans are seizing on the FBI’s revived scrutiny of Hillary Clinton’s handling of government emails, hoping it will hurt not just her presidential hopes but Democrats’ chances of regaining one or both chambers of Congress in next week’s election.

Republican lawmakers are threatening to investigate Clinton from her first day in office if the Democrat is elected president on Nov. 8, following the FBI’s move to review newly discovered emails that might pertain to a previously completed investigation into Clinton’s use of a private server while she was secretary of state.

After FBI Director James Comey’s announcement last Friday of the latest review, which indicated no wrongdoing on Clinton’s part, Republican presidential candidate Donald Trump and other Republicans have hammered Clinton as scandal-prone, seeking to renew questions about her integrity.

A Clinton presidency would bog down in “scandal baggage,” U.S. House of Representatives Speaker Paul Ryan said on Tuesday, adding he was focused on defending Republican majorities in Congress in the election.

“This is what life with the Clintons looks like. It’s always a scandal one after a上海夜生活nother, then there’s an investigation,” Ryan, the most senior elected Republican in the country, told Fox News in an interview. “You never know what’s coming next.”

Saying that Clinton would take office “with her scandal baggage,” Ryan added: “I don’t think that’s what the American people want to see.”

Clinton has said she is confident the FBI will not find anything problematic and will reach the same conclusion it did in July when it found no grounds for charges from her use of a private email server.

Opinion polls show Clinton maintaining her lead over Trump, although her advantage has narrowed slightly since early last week. The effect of Comey’s news on voters’ support is not yet clear.

The University of Virginia’s Center for Politics said this week that several key states, including Arizona, Florida and Ohio, were now considered “toss up,” having earlier been classified as leaning Democratic, saying the races had been tightening regardless of any “Comey Effect.”

“If Comey’s decision results in Republicans holding onto the Senate and losing fewer House seats because he has invigorated their ‘checks and balances’ argument, we will also attribute this to the Comey Effect,” the center’s Larry Sabato and his colleagues wrote.

GRAPHIC: Race to the White House tmsnrt.rs/298mTyD

‘SAVING HOUSE MAJORITY’

Ryan maintained the arms-length posture toward Trump that he adopted after a 2005 video emerged last month in which the New York businessman was heard boasting about groping women.

The Wisconsin Republican said he voted for Trump in early voting last week, but that his position had not changed and that he had no plans to campaign with his party’s nominee, instead focusing on maintaining Republicans’ control of the House.

“My focus personally right now is saving our House majority. I’m going to Indiana, Michigan, New York and Virginia today to fight for House Republicans,” Ryan told Fox.

While Republicans appear poised to keep control of the House, the race for the Senate remains evenly matched, according to an average of polls by RealClearPolitics.

Some conservative members of the Republican caucus in the House, unhappy with Ryan’s treatment of Trump and his handling of other issues on Capitol Hill, have questioned whether he should continue as speaker after the election.

“We’re all focused on beating Democrats on Nov. 8. All the rest of this stuff will sort itself out,” Ryan told Fox News. “I’m very confident where I stand with our members.”

Republican U.S. Senator John Cornyn called on Tuesday for Attorney General Loretta Lynch, a Barack Obama appointee, to intervene over the Clinton email probe. “AG Lynch has authority to unravel Clinton email mess by appointing a special counsel who can convene an impartial grand jury,” Cornyn wrote on Twitter.

Such a move would all but guarantee that controversy over Clinton’s emails would simmer into 2017 and perhaps beyond, potentially tying up her agenda if she were elected to the White House. Some Republican senators have already also vowed to block any hearing on Clinton’s potential Supreme Court justice nominees to fill the court’s current vacancy.

Republican House Oversight Committee Chairman Jason Chaffetz told the Washington Post last week he had years’ worth of potential material that could be used to investigate Clinton.

California Republican Darrell Issa, a House Judiciary Committee member, told Fox Business Network late on Monday: “I suspect there will be more hearings” following the latest email probe.

Moyes admitted that West Ham made terrible mistakes

David Moyes, the West Ham United manager, was left disappointed after his side were beaten 3-2 at home by Newcastle United despite having a lot of chances to win the match – and the manager blamed his players for making very silly mistakes.

West Ham had managed to take the lead thanks to Marko Arnautovic but the guests managed to come from behind as Henri Saivet and Mo Diame scored – the hosts had a great chance to equalize the match but Andre Ayew’s penalty was saved and Christian Atsu doubled the lead on the other side. The Hammers managed to score a late goal thanks to Ayew but it just wasn’t enough for making a comeback.

The Scot spoke about the match and said that his side should have won, according to Sky Sports: “It wa上海夜生活论坛s near enough right from the start. We got the goal – I think from a Newcastle mistake – but after we made two or three terrible mistakes which led to them scoring from a free-kick. All in all, it just seemed like that on the touchline. Mistake after mistake. We then missed a penalty at 2-1 which makes it even more difficult.”Opinion: Martin Odegaard is perfect for the Premier League Tomás Pavel Ibarra Meda – Given how much he’s been rejected by Real Madrid, we are convinced that Martin Odegaard is perfect for the Premier League.Martin Odegaard is finally…

He continued by adding that he knows about Carrol’s strengths: “Everyone knows how good Andy is. But we gave ourselves too much to do after conceding a farcical third goal. We have to try and get rid of the individual errors. We missed him at home. He’s the one player who can do more on the ball and it was glaringly obvious we missed him here.”

In the end, David Moyes insisted that his side will have to improve in solving these difficult situations: “It was going to be a test with expectations changing towards us winning, but it showed today that we could not do that. It was the manner of losing the goals. The third was a catastrophe, the way it came about. We don’t score the penalty, and those things can make a big difference.”

Barca silence Bernab\u00e9u with a 3-0 win over Madrid

The Catalans were ruthless and further increased the La Liga gap between the two sides.

Barcelona won the El Clásico against Real Madrid on Saturday with an emphatic result of 3-0 at the Santiago Bernabéu. With the win against Los Blancos, Valverde’s team is now 14 points ahead of the reigning La Liga champions Real Madrid even though Zidane’s men have one more game to play due to their participation in the Club World Cup. Real Madrid wer上海夜生活网e the more dominant side during the first half, but their wastefulness in front of the goal proved costly. Luis Suárez, Lionel Messi and Aleix Vidal were the ones to score for Barca during the second half as Madrid played with 10 men in the last 30 minutes of the game following a red card for Dani Carvajal.Opinion: Martin Odegaard is perfect for the Premier League Tomás Pavel Ibarra Meda – Given how much he’s been rejected by Real Madrid, we are convinced that Martin Odegaard is perfect for the Premier League.Martin Odegaard is finally…

The win was certainly historical for the Catalans, who have now won three consecutive times at the Bernabéu. Meanwhile Lionel Messi scored his 25th El Clasico goal, further increasing the distance between him and the second one with most goals Alfredo di Stefano, who has 18.

The Catalans built a serious lead in the end of 2017, sitting 9 points ahead of Atlético Madrid and 14 points ahead of Real Madrid.

Dembele pushing hard for ‘El Clasico’

Ousmane Dembele is determined to get back to action in time for this year’s ‘El Clasico’.

The French forward has set himself the very ambitious goal of returning to the pitch for the Real Madrid – Barcelona match scheduled on the 23rd of December. Dembele would like to at least be on the bench for the derby, if not to start it.

The ex-Borussia Dortmund forward suffered a serious injury during his La Liga debut as a starting player for Barcelona, in the match against Getafe, in September. Initially, the medical team ruled him out for the rest of the year, but the young forward has big chances of returning before the end of the year.Valverde cools down controversies at the club Nedim Maric – Barcelona manager Ernesto Valverde spoke at the press conference ahead of Barca’s Inter clash in the second fixture of the Champions League.While Barcelona started…

Dembele cannot hit the ball yet, but it’s just a matter of days until the player will return to individual training sessions. At the moment, he is working on the physical recovery and has impressed the medical staff of Barcelona with his ambition.

Sport.es wrote about the player’s recovery: “The people working with Dembele towards his return are impressed with the player’s attitude and positive mentality, a very important aspect when going through a recovery period”.

Barcelona paid €105m for the transfer of Ousmane Dembele from Borussia Dortmund. The transfer deal also includes another €45m in different bonuses上海夜生活论坛. The French forward is seen as the perfect replacement for Neymar, who left Barcelona for PSG this summer, in a world record deal of €222m.

Lamela back after a year

Erik Lamea has been forced to the sidelines since last October, due to a hip injury but now it seems as the midfielder can return for Tottenham

Mauricio Pochettino hasn’t been able to put Erik Lamela in his first-team squad for over a year due to the 25-year-old’s injury. However, the Argentine attacker seems like he is ready for action as he lines up for Tottenham U23s against Chelsea.

The Argentine attacker had been a regular in the first-team under Mauricio Pochettino but a hip injury has kept him out since his last appearance on October 25, 2016, against Liverpool in the EFL Cup, GOAL reports.

Lame will get ready for his return as the U23 side of Tottenham faces the Blues of London, meanwhile the senior team goes on to battle with Arsenal in the two side’s North London derby on Saturday.

Pochettino’s side need a win over their London rivals as they are looking to finally win something at the end of the season, since their last trophy win was in 2008. They are currently third-place in the English Premier League, chasing still unbeaten leaders Manchester City.Top 5 Premier League players in September’s last weekend Tomás Pavel Ibarra Meda – A fresh Premier League fixture just ended, which means we can talk about the Top 5 best players of September’s last weekend.After a fresh…

In the meantime, Spurs U-23s are eighth in their 12-team division – one point ahead of Chelsea U23s, so that clash seems like an exciting one as well.

Lamela has made 121 appearances for Tottenham since joining from Roma in 2013 and is contracted to the club until 2020, GOA上海夜生活网L continues.

Back in Italy, where he spent two seasons with Roma, the attacking midfielder has appeared in 62 games and scored important goals for the Serie A giants.

In the 4 years he has spent with Spurs, Lamela has played in 85 games and scored 8 goals. His injury held him back though, but once he returns, the Tottenham offense can be even more lethal than it is now.

How soon can he return to the senior team? We don’t know yet, but the Argentine is certainly on the right path.

The new Iniesta

Gremio’s 21-year-old midfielder Arthur Melo has been linked with some of Europe’s biggest clubs, due to his vision and ability to pass the ball

21-year-old Arthur Melo’s talents in the middle of the pitch have earned him early comparisons with Barcelona icon Andres Iniesta and the youngster gained attention from some of Europe’s biggest clubs.

Melo is not famous for his goal scoring exploits or fancy tricks. Instead, his great strength lies in an uncanny ability to spot the right pass and execute plays perfectly, just like Iniesta or Mesut Ozil.

Furthermore, he also has similar physical attributes as the Barcelona idol does, and the 21-year-old is similarly capable of those startling bursts past defenders that the Spanish legend uses to shrug off the attentions of markers.

According to ESPN, Arthur is also learning how to become a more decisive presence in the opposition area.

“I’m a player who likes to have the ball at my feet, and organise play,” he explained to reporters.Ryan Giggs reflects on changing Daniel James Nedim Maric – Daniel James moved from Swansea to Manchester United in an unlikely transfer which raised many eyebrows.A jump from English second division to the senior…

The youngster admitted he and his coach are forcing the midfielder to somewhat transform into an attacking midfielder role, as he has the potential to be the main playmaker of a team.

“As a defensive midfielder I see more of the ball, further back. But as a playmaker Renato is forcing me to get into the area, reach the goal and try to score, as well as thread the ball through,” he said.

“I am also forcing myself to support the attackers and wingers. I think that is where the difference has come, I am trying to get into the area more to feed those up front.”

His potential was noticed by Premier League giants such as Manchester United, Chelsea, and Manchester City. Furthermore, the youngster has also been linked with Atletico Madrid and FC Barcelona.

Gremio, however, are unlikely to let Melo leave easily. The midfielder’s contract will only expire in January 2019, and the Brazilian side will reportedly not consider a bid lower than上海夜生活网 €10 million for the 21-year-old.

Dortmund’s season in danger

Borussia Dortmund have started this season in an incredible form, however the German side can’t seem to keep their performances up

Their emphatic start to the season set club and league records, but it has taken just a few weeks for things to reach a critical point for Borussia Dortmund, GOAL reports.

They have managed to win only 2 out of their last 9 games in all competitions. They are close to elimination in the Champions League, after only drawing against APOEL, and they are about to visit Bayern Munich on Saturday, which will again be a tough game for BVB.

Their start to the season was fantastic: 6 wins out their first 7 Bundesliga matches. In this period, Dortmund scored 21 goals and conceded only 2. It seemed like the club’s new coach Peter Bosz has done a good job putting the team together.

Capitalising on Bayern’s struggles under Carlo Ancelotti, they were touted as title contenders by the media, but their decline has coincided with the Jupp Heynckes-led revival in Bavaria and they have quickly become a club in crisis, GOAL continues.

After being outclassed by Real Madrid and Tottenham, they are no certainties to secure their place in Europe’s top competition over the Cypriot side.Wijnaldum looking to repeat Champions League success Nedim Maric – Liverpool are the reigning winners of the Champions League. However, this isn’t stopping them for aiming to get the glory once again.After a perfect…

With that in mind, staying in the domestic title race will become crucial to ensure their season doesn’t turn into a complete disaster.

Their next game against Bayern could be decisive, as Dortmund was 5 points ahead of Heynckes’ side just a month ago and a defeat now would put them 6 points behind.

Dortmund CEO Hans-Jachim Watzke said to Bild, they’re not a contender to Bayern, even when his side were sitting at the top: “The question is always: what will happen with Bayern? When they recover their form, we have no chance.”

Watzke updated his point with Bayern Munich now on a six-game winning run. He told Sky: “Obviously, once the atmospheric problems between the coach and the team have been resolved, they are stable again.

“If Bayern Munich are stable, then that means they can win everything,” he added.

With that kind of mentality, Dortmund has little to no chance of winning against Bayern. Bad news for the fans, as another loss could see them fall to the point of上海夜生活 no return.

Klopp doubts Southgate’s nomination

Gareth Southgate’s nomination for the national team is quite surprising and Jürgen Klopp thinks that the Englishman is making his own life difficult by not calling up some experienced players.

The German manager especially talked about Alex Oxlade-Chamberlain and Daniel Sturridge – these two are not in the England squad and Klopp doesn’t agree with that decision. Southgate’s argument in relation to Sturridge on Thursday was that because he was not playing regularly he could not perform “at his very best” for the national team.

The former manager of Borussia Dortmund shared his thoughts as he said, according to ESPN: “It is not our decision but if Gareth Southgate saw the last few games I think for sure he could have invited all three of them. Gareth makes his decisions, I cannot change that. Both of them would play in other English Premier League teams quite regularly.”

He thinks that Southgate will be in a difficult situation with criteria like that: “If he makes it now like this it could be difficult in the future if he sticks to this plan 100 percent — not for us but maybe for England.”Wijnaldum looking to repeat Champions League success Nedim Maric – Liverpool 上海夜生活论坛are the reigning winners of the Champions League. However, this isn’t stopping them for aiming to get the glory once again.After a perfect…

Jürgen Klopp also spoke about Sturridge who is finally back from injury for good and he is able to perform at a high level: “Daniel had a few injury problems and was called up [in the past] because he is still the striker everyone thinks about. If he [Southgate] thinks he doesn’t need him I cannot change it.”

And the German coach thinks that Oxlade-Chamberlain has been doing well after his recent transfer: “Ox is coming in a new club and that always needs time to adapt. I think he made big steps since he was here. But, again I cannot call him and say, ‘Please, call him up.’”

Is Klopp right or is the Gareth Southgate’s choice the right one?

Gabriel Jesus: “I live for goals”

The striker has had no trouble finding the back of the net for both club and country in recent games as he warns there will be many more to come.

Manchester City forward Gabriel Jesus has made a statement that he will not be contained as he ‘lives for goals’. The youngster had a run of four matches without scoring a goal, but this run is now over as he rediscovered his goal-scoring form with Brazil and Manchester City. The 20-year-old has 14 goals in 21 appearances for the Citizens, but insists he will get even better in the future.

Speaking to Manchester Evening News following yet another remarkable display for City against Stoke, Jesus stated: “I live for goals and just want to score as many as possible. It’s great to score goals in the Brazil national team shirt, but I also love doing it in City colours, too.Neville: Pep Guardiola knows Man City aren’t good enough And上海夜生活网rew Smyth – Gary Neville has quashed Pep Guardiola’s claims that Manchester City won’t buy in January as they can’t challenge for trophies without defensive cover.

“I am enjoying this great moment in my life. I had an injury last season but that didn’t stop me. My team and management really helped me, and they have been great for me in my time in England.

“I learn a lot from Sergio [Aguero] every day, but not just him – I learn from all the team. We learn with each other – I pass on my knowledge to them, and they give theirs to me, so it’s an exchange.”

Klopp confident in his squad

The German tactician believes Liverpool will be able to challenge for the title this year.

Jürgen Klopp thinks Liverpool will play for the championship in the upcoming 2017-18 as they seek to end a period of 27 years with no English title.

Since Liverpool last won the league, they have been completely overtaken by Manchester United as English football’s most successful club.

Ahead of the Audi Cup in Munich, Klopp told reporters about the ambition of his men:

“We will be playing for the championship. We don’t start a season by not having any ambitions.” the German said, according to Goal.Jurgen Klopp rates Pep Guardiola as his greatest rival Andrew Smyth – Liverpool boss Jurgen Klopp revealed that his Manchester City counterpart Pep Guardiola is the best manager that he’s ever coached against.

“We have to have our goals. That’s what we did last season. We aimed for the top, and we finished fourth. But I think we have a very good team now.

“We did have a bit of bad luck last season. I think we can play a little bit better.

“Let’s hope everything will work very well and that there isn’t much more to improve. We have to work very har上海夜生活论坛d on it and we’re doing that.”

The Reds were one of the title contenders last year, after a dip in their form packed with a number of injuries saw the club from Anfield take the fourth spot, 17 points behind Chelsea.

Reliance shares see biggest intraday gain in a decade; rivals hit by disruption fears

BENGALURU ( ) – Reliance Industries (RELI.NS) shares saw their biggest intraday rise in more than a decade on Tuesday, after the company set a target to reach zero net debt in 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.

Reliance led by Mukesh Ambani, Asia’s richest man, said on Monday Saudi Aramco was to invest roughly $15 billion for a 20% stake in its oil-to-chemicals business, while also detailing plans to launch cut-price home internet services across India next month.

The announcements drove Reliance shares up as much as 12% — its biggest such move since Jan. 14, 2009. The spike has put the company within touching distance of becoming the highest-valued Indian company again. Currently, it trails Tata Consultancy Services (TCS.NS) by slightly more than $1 billion.

Its plans to launch JioFiber broadband services threaten to upend India’s telecom market with offers of free voice calls for life, television and movie streaming and even free TV sets to go with some subscription plans.

Analysts at Kotak Institutional Securities said Reliance “hit all the right chords” with its announcements and upgraded the stock to “Buy” from “Sell.”

Shares of telecom majors Bharti Airtel (BRTI.NS) fell almost 7% before recouping some losses, while Vodafone Idea (VODA.NS) slid as much as 10% as the announcements spurred worries of a repeat of what happened just three years ago when Reliance’s telecom upstart, Jio, burst onto the scene.

Jio, with cut-price data plans, has managed to become India’s top mobile operator by subscribers and No. 2 globally in a span of less than three years. The company, with more than 340 million users, said “half a bi上海夜生活网llion customers” are now within its reach.

Jio’s plans to offer free land-line spell further trouble for state-owned Bharat Sanchar Nigam Ltd (BSNL).

BSNL has been reported bit.ly/2YKMHuz to be under severe financial stress, chasing dues worth 30 billion rupees and delaying some employee salaries. At last count, the public sector telco was the fourth largest with 115.9 million users.

Reliance said customers of its Premium JioFiber services will be able to watch movies in their living rooms the same day these movies release in theaters.

It wasn’t immediately clear how Reliance would offer this and multiplex owner Inox INOX.NS said in a release “producers, distributors and multiplex owners in India have mutually agreed to an exclusive theatrical window of 8 weeks, between theatrical release of a movie and release on any other platform.”

Still, shares of theater operators PVR (PVRL.NS) and Inox fell as much as 8% and 10%, respectively, after trading resumed following a holiday on Monday. Shares in Dish TV India (DSTV.NS) also fell.

As of 0733 GMT, Reliance shares were up about 11%, while the broader market .NSEI was down 0.78%.

Occidental Petroleum plans to close Anadarko deal soon after August 8 vote

HOUSTON ( ) – Occidental Petroleum Corp plans to quickly complete its $38 billion purchase of Anadarko Petroleum after the latter’s Aug. 8 shareholder vote, the company said on Thursday.

The earlier-than-expected closing will give the company a head start to evaluate assets that it plans to sell to pay off debt supporting the acquisition, Occidental Chief Executive Vicki Hollub said on a conference call following relea上海夜生活论坛se of the company’s second-quarter results.

Occidental is battling activist investor Carl Icahn, who opposed the deal and launched a proxy fight to remove and replace four Occidental directors over what he called the “misguided” acquisition. That contest is expected to drag on into the fall.

Anadarko shareholders are expected next week to approve a deal that provides a 57% premium to its share price the day before it disclosed acquisition talks.

Hollub said the company would not make a decision on the fate of Anadarko’s stake in Western Midstream Partners until after the closing. She has pledged to raise between $10 billion and $15 billion by the end of 2021 from asset sales to help pay for the deal.

“We’ve got a lot of incoming calls about various things,” the CEO said of rivals’ interest in Anadarko assets. She declined to say what properties would be offered.

It has struck an agreement with Total to acquire Anadarko’s Africa assets for $10 billion.

Occidental this week hedged about 40% of its combined oil production into 2020 to assure shareholders it could make its dividend payments while paying off increased debt from the deal, finance chief Cedric Burgher said.

“The hedges will strengthen our cash flow from operations and provide assurance our dividend is safe,” he said.

U.S., China to relaunch talks with little changed since deal fell…

WASHINGTON/NEW YORK ( ) – The United States and China are set to relaunch trade talks this week after a two-month hiatus, but a year after their trade war began there is little sign their differences have narrowed.

After meeting with Chinese President Xi Jinping in Japan just in late June, U.S. President Donald Trump agreed to suspend a new round of tariffs on $300 billion worth of imported Chinese consumer goods while the two sides resumed negotiations.

Trump said then that China would restart large purchases of U.S. agricultural commodities, and the United States would ease some export restrictions on Chinese telecom equipment giant Huawei Technologies.

But sources familiar with the talks and China trade watchers in Washington say the summit did little to clear the path for top negotiators to resolve an impasse that caused trade deal talks to break down in early May.

White House economic adviser Larry Kudlow said Washington was still waiting for China to make good on what he called a “very, very important” pledge to quickly buy more agricultural products, but said there was no firm deadline for such purchases, or for finalizing an overall deal.

Kudlow underscored the divergent perspectives of the world’s two largest economies. He said the United States was seeking remedies and correctives for what it sees as decades of unfair and illegal trading practices, but that would necessarily clash with China’s push for a fair and equitable agreement.

Those differences could still be overcome in negotiations, Kudlow, director of the White House’s National Economic Council, told an event hosted by CNBC, adding, “It’s not impossible. Where there’s a will, there’s a way.”

U.S. Trade Representative Robert Lighthizer, Chinese Vice Premier Liu He and Treasury Secretary Steven Mnuchin are due to resume talks by phone this week.

Kudlow told reporters the two teams would meet in person in the near future.

The United States is demanding that China make sweeping policy changes to better protect American intellectual property, end the forced transfer and theft of trade secrets and curb massive state industrial subsidies. At stake, U.S. officials say, is dominance of the high-tech industries of the future, from artificial intelligence to aerospace.

“We’ve had a change in atmospherics,” said Derek Scissors, a China expert at the American Enterprise Institute, a business-oriented Washington think tank. “While this is great for markets, the administration has not said one specific thing about how we’re unstuck.”

Scissors, who has at times consulted with Trump administration officials, said that both sides got what they wanted out of the summit — a lowering of the temperature and the avoidance of new tariffs that would have been painful for both sides.

“The pressure for one side to give into the other is diffused right now. I expect this to drag out for months,” Scissors added.

NO FIRM COMMITMENTS

Washington and Beijing appear to have different ideas of what the two leaders agreed in Osaka.

Three sources familiar with the state of negotiations say that the Chinese side did not make firm commitments to immediately purchase agricultural commodities.

One of the sources said Trump raised the issue of agricultural purchases twice during the meeting, but Xi only agreed to consider purchases in the context of a broader final agreement.

Other than a small purchase of American rice by a private Chinese firm, no purchases have materialized. Chinese officials and state media accounts in the past week have emphasized that any deal, including agricultural purchases, is dependent on removal of U.S. tariffs.

“The Chinese have been clear they didn’t promise anything,” said one source familiar with the talks.

“The idea they would give up their main leverage before getting anything doesn’t make sense. I could see them buying some pork and buying some soybeans, but it’s still going to be pennies.”

Trump administration officials have also downplayed the extent of pledges to allow Huawei to purchase U.S. technology products, with White House trade adviser Peter Navarro saying that only “lower-tech” U.S. semiconductors could be made available for sale to the company..

reported last week that the Commerce Department’s export control enforcement staff was told to continue to treat Huawei as a blacklisted entity as the department considers requests for licenses to U.S. firms to sell products and services to Huawei

And Kudlow told the CNBC event that the relaxed rules on sale to Huawei would only be in effect for a limited time.

Chinese officials point out that they only got the United States to concede on Huawei at the Osaka talks, rather than on their other demand, which was removing the existing tariffs.

    So the focus on the upcoming talks will be the scrapping on the tariffs, they say.

A second source said that U.S. tariffs on $250 billion worth of Chinese goods and Chinese tariffs on $160 billion worth of U.S. goods could wind up being “the new normal.”

    One Chinese official familiar with the situation said trade talks would be re-started very quickly, but that there was a “fairly large gap” in the core demands of both countries and it would be a challenge to reach consensus on the toughest issues.

“The negotiating environment is even more severe,” the official said.

Another official said China remained concerned about the presence of hawks in the U.S. team, such as Trump advisor Peter Navarro.

“There are bullies there,” the official said.

The officials spoke to on condition of anonymity.

China’s foreign ministry cited Xi as telling Trump at Osaka that “on issues concerning China’s sovereignty and dignity, China must safeguard its core interests”.

WHICH TEXT?

There has been no indication the two sides will resume negotiations using a text that had been largely agreed before China backtracked on commitments in early May, prompting Trump to proceed with a long-threatened tariff hike to 25 percent on a $200 billion list of Chinese imports.

Beijing had cut out of that text commitments to make changes to its laws reflecting reform pledges, arguing that this would violate its national sovereignty.

Finding a way around this issue is paramount for talks. Beyond that, there are many other difficult issues to resolve, including the structure of an enforcement mechanism designed to hold the two sides to their pledges.

U.S. demands for curbs to provincial and local subsidies for Chinese state comp上海夜生活anies, access to China’s cloud computing market, agricultural biotech approvals and the scope of China’s agricultural purchases remain divisive issues for the two sides.

Related CoverageTrade call between U.S., Chinese officials was constructive: White HouseU.S. exempts some medical, electronic devices from China tariffs

Claire Reade, a former China trade negotiator at USTR who is now a Washington-based trade lawyer with the firm Arnold and Porter, said there was room on both sides to get a deal.

“There are ways to maneuver around the current red flags that have been put in the ground,” Reade said. “Both President Xi and President Trump have to come out of this saying they stood strong, and they in-effect got a win.”

One way for China to avoid the appearance of giving in to U.S. demands is to take some legal steps on key issues before the deal is agreed. That way they can say they’re doing it on their own terms, she added.

Explainer: Trump risks legal fight with emergency threat on wall

WASHINGTON ( ) – President Donald Trump will almost certainly face legal challenges over his decision to declare a national emergency to get additional funding for a U.S.-Mexico border wall, circumventing the power of Congress to set spending policy.

Legal scholars say it is unclear how such a step would play out, but they agree a court test would likely focus on whether an emergency actually exists on the southern border and on the limits of presidential power over taxpayer funds.

Trump is unhappy with a bipartisan border security bill that is going through Congress to avert another government shutdown, because it contains only a fraction of the funds he demanded for his promised border wall. The White House said Trump would sign the bill but declare a national emergency to try to obtain funds for the wall.

That will likely trigger a long legal fight possibly stretching into Trump’s 2020 re-election bid, and embolden critics who already accuse him of authoritarian tendencies and unpredictable swerves in policy-making.

Congressional Democrats are already vowing legal challenges.

They have balked at giving Trump money for what they say is a wasteful and unnecessary wall.

Trump made his promise to build a wall and have Mexico pay for it a centerpiece of his 2016 presidential campaign. The Mexican government has refused to pay.

PRESIDENTIAL DISCRETION

Under the Constitution, decisions about spending taxpayer funds and creating policy are typically made by Congress.

But a 1976 law allows the president to bypass Congress and redirect funds in the event of a national emergency. The National Emergencies Act does not define “emergency,” giving the president broad discretion to declare one, legal experts said.

The law empowers Congress to override an emergency declaration, but that requires action by both chambers, which would be hard to get since the Senate is run by Trump’s fellow Republicans and the House of Representatives by Democrats.

The United States currently has about 30 national emergency proclamations in effect, including ones related to the Iran hostage crisis of 1979 and the swine flu pandemic in 2009.

Congress has made a wide range of special powers available to a president who declares a national emergency.

One law allows the president to redirect U.S. Department of Defense construction funds that have not yet been allocated.

Another enables the U.S. Army to halt civil projects and instead apply the funds and personnel to projects “essential to the national defense.”

LITTLE PRECEDENT

There are few court cases on the scope of the president’s emergency powers, and legal experts are split.

Robert Chesney, a professor of national security law at the University of Texas, said a legal challenge on those grounds might succeed but that the courts typically showed deference to the president on national security matters.

Elizabeth Goitein, a lawyer at the Brennan Center for Justice, said there were strong arguments that border wall construction is impermissible under various statutes granting the president emergency powers.

While the U.S. Supreme Court has denied legal standing to individual lawmakers from the House of Representatives challenging White House actions, the entire House may have more solid legal ground to bring a lawsuit.

In 2015, the federal appeals court in Washington said the House as an institution had standing to challenge a means chosen by the Obama administration to fund part of the Affordable Care Act, where Congress had not appropriated the money.

Individuals or businesses with contracts canceled because of a redirection of military funds could also challenge Trump in court, as could private landowners whose property might be seized, Chesney said.

A practical issue for Trump, even if he could credibly argue an emergency exists, is that he would need to get his wall money out of whatever funds are left over from a pool of about $10.4 billion in military construction projects during the current fiscal year, which ends on Sept. 30.

The U.S. military has not disclosed how muc上海夜生活网h funding might be left over in its military construction budget. It was unclear whether any cash still available would be enough to make significant headway in building the border wall.

Worries remain for U.S. government contractors as shutdown ends

WASHINGTON ( ) – Minutes after President Donald Trump announced an end to the longest U.S. government shutdown in history on Friday, Yvette Hicks’ phone started ringing.

“I had bill collectors calling me back-to-back-to-back wondering when I could start making a payment arrangement,” she said, recalling how her mood quickly changed from excitement back to worry.

Hicks, 40, a security guard at the Smithsonian National Air and Space Museum, is one of thousands of federal government contractors who do not expect to be paid for the month of work they missed during the 35-day partial shutdown – and who remain a上海夜生活网t risk if Trump and lawmakers fail to reach a more lasting agreement beyond the current three-week deal to reopen the government.

Trump, who had demanded Democrats agree to fund construction of a wall on the U.S.-Mexico border before he would agree to reopen the government, has signed legislation guaranteeing back pay for 800,000 federal employees affected by the shutdown.

Contractors, however, were not included, leaving many worried they won’t recover their losses.

Without a paycheck, Hicks began rationing her children’s asthma medication, considered cashing in a life insurance policy and prayed every day she could keep her family from becoming homeless again.

“I promised them that we would never suffer like that again,” Hicks said in an interview at her home on Friday, crying as she recalled the three years she and her four children spent without a home.

‘NO STABILITY’

It is not clear how many federal government contract workers there are, though some estimates run into the millions.

An official with the Service Employees International Union Local 32BJ, which represents Hicks and nearly 700 other contractors, mostly security guards and janitors in Washington, said those members are among the lowest paid workers in the federal government.

“These are not folks who can afford to miss a paycheck,” said Alison Hirsch, the unit’s vice president. “These are not folks who are making enough money to have a robust savings account. It can permanently alter their credit scores, their ability to support themselves.”

When Hicks reports to work on Tuesday, it will be the first time she has been able to wear her uniform since she was hired in late December. Her first day was scheduled for Jan. 1, the same day the Smithsonian, which oversees the space museum and several others in Washington, closed due to a lack of funding.

With a book titled “Prayers for Difficult Times” on the sofa beside her, Hicks tearfully described giving her 8-year-old son and 14-year-old daughter smaller doses of their asthma medicine to make it last longer, while limiting how much time they ran and spent outside in the cold.

In a statement issued before Friday’s deal was reached, her employer, Allied Universal, said it would “provide vacation buyback for accrued time,” which is unlikely to help new hires like Hicks. It also said it provided letters to furloughed employees who were seeking to avoid late fees from creditors.

With bills piling up and uncertainty over whether the government will still be open beyond Feb. 15, Hicks said she still worries about becoming homeless again.

“There’s no stability,” she said. “How long will the government be shut down again if Trump doesn’t get what he wants?”

GM to invest $150 million to boost heavy-duty pickup truck production

FLINT, Mich. ( ) – General Motors Co president Mark Reuss said on Wednesday that the automaker is investing about $150 million at its Flint Assembly plant, Michigan, to boost production of heavy duty trucks by another 40,000 vehicles a year.

Reuss announced the investment at the Flint truck assembly plant wearing a United Auto Workers pin.

The Detroit automaker announced in February it was adding 1,000 jobs in Flint to build a new generation of heavy-duty pickup trucks.

GM did not say that the latest investment would add more jobs at the plant, but Reuss said there could be opportunities to add workers as the launch of the automaker’s new trucks progresses.

GM has been under pressure from U.S. President Donald Trump and lawmakers of both parties to add jobs in the United States after it said last November it would idle a small car assembly plant in Lordstown, Ohio, and had no new products for three other U.S. manufacturing plants.

The Flint investment will include upgrades to the plant’s conveyors and other new tooling, and will be completed in the first half of 2020. GM has invested more than $1.6 billion in the plant since 2013.

Last month, GM said it would invest $24 million to increase truck production at its assembly plant in Fort Wayne, Indiana, which makes Chevrolet Silverado and GMC Sierra models.

Sales of heavy-duty pickups in the United States have grown to more than 600,000 vehicles a year, up more than 20 percent since 2013, according to industry data. Prices for luxury models can easily top $70,000.

GM’s Chevrolet and GMC brands have long trailed Ford Motor Co’s F-series heavy duty trucks in the lucrative segment. The new Chevrolet and GMC heav上海夜生活网y duty trucks have been re-engineered to tow heavier trailers, and keep pace in what has become an arms race among the Detroit Three automakers to claim superior torque and towing capability.

White House says it will meet two-year deadline for Huawei ban for…

WASHINGTON ( ) – The White House Office of Management and Budget has told the U.S. Congress it will now meet a two-year deadline to ban federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year, according to a letter seen by .

“Congress has made it clear in recent days the importance of implementing the law within the two years provided, and we will,” Russ Vought, the acting director of OMB, said in a letter to Senator James Inhofe, chairman of the Senate Armed Services Committee.

Last week the OMB had said it would need more time to implement the ban, which requires third-party suppliers and contractors to restrict t上海夜生活网heir purchases and use of Huawei equipment.

But the White House reversed course after “recent conversations with Congress,” Vought said in the letter dated Wednesday.

“As we move forward to meet the statutory deadline without further delay, we will work with Congress to address any unforeseen issues that arise,” Vought said.

The ban is one part of a multifaceted U.S. push against Huawei Technologies Co Ltd, the world’s largest telecoms network gear maker, which Washington accuses of espionage and stealing intellectual property.

Huawei has repeatedly denied it is controlled by the Chinese government, military or intelligence services. It has filed a lawsuit against the U.S. government over the restrictions in the defense policy bill.

The defense law, called the National Defense Authorization Act (NDAA), placed a broad ban on the use of federal money to purchase products from Huawei, citing national security concerns.

It included a ban on direct federal purchases of Huawei equipment, which will take effect this year.