Italy’s Salvini says coalition government won’t change after EU election

Matteo Salvini, Italy’s deputy prime minister, denied he will look to change a coalition agreement in Rome if his Lega party performs well at this weekend’s EU elections. Tensions in Italy’s government appear to be growing with differences of opinion between the right-wing Lega party and left-leaning Five Star Movement (M5S) becoming more pronounced. “This vote is about Europe, to change Europe, to change banks, agriculture, borders,” Salvini told CNBC’s Willem Marx in Bari, Italy, on Tuesday wh


Matteo Salvini, Italy’s deputy prime minister, denied he will look to change a coalition agreement in Rome if his Lega party performs well at this weekend’s EU elections. Tensions in Italy’s government appear to be growing with differences of opinion between the right-wing Lega party and left-leaning Five Star Movement (M5S) becoming more pronounced. “This vote is about Europe, to change Europe, to change banks, agriculture, borders,” Salvini told CNBC’s Willem Marx in Bari, Italy, on Tuesday wh
Italy’s Salvini says coalition government won’t change after EU election Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-21  Authors: matt clinch
Keywords: news, cnbc, companies, going, salvini, relationship, change, europe, election, party, lega, star, movement, wont, coalition, eu, italys


Italy's Salvini says coalition government won't change after EU election

Matteo Salvini, Italy’s deputy prime minister, denied he will look to change a coalition agreement in Rome if his Lega party performs well at this weekend’s EU elections.

Tensions in Italy’s government appear to be growing with differences of opinion between the right-wing Lega party and left-leaning Five Star Movement (M5S) becoming more pronounced. The unlikely alliance came to power in June last year but the campaign trail for the EU Parliamentary elections has unveiled large rifts between the two.

“This vote is about Europe, to change Europe, to change banks, agriculture, borders,” Salvini told CNBC’s Willem Marx in Bari, Italy, on Tuesday when asked about a possible relationship breakdown with M5S.

“Nothing is going to change within the Italian government. I just hope that, after the election, our relationship with the Five Star Movement will be less confrontational. But even if I win, we won’t ask for more ministers, we are not going to change anything,” he added.


Company: cnbc, Activity: cnbc, Date: 2019-05-21  Authors: matt clinch
Keywords: news, cnbc, companies, going, salvini, relationship, change, europe, election, party, lega, star, movement, wont, coalition, eu, italys


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Three states, including two big ones for the 2020 election, just set new lows for unemployment

A job recruiter wears a shirt showing all of the Wal-Mart Stores Inc. brands during a career fair at the Sheraton Hotel in Philadelphia, Pennsylvania. At a time when the national unemployment rate is at its lowest in nearly half a century, three states have set all-time records. Vermont’s lowest-in-the-nation 2.2% jobless rate represents a new historic mark for the Green Mountain state, according to a report Friday from the Bureau of Labor Statistics.


A job recruiter wears a shirt showing all of the Wal-Mart Stores Inc. brands during a career fair at the Sheraton Hotel in Philadelphia, Pennsylvania. At a time when the national unemployment rate is at its lowest in nearly half a century, three states have set all-time records. Vermont’s lowest-in-the-nation 2.2% jobless rate represents a new historic mark for the Green Mountain state, according to a report Friday from the Bureau of Labor Statistics.
Three states, including two big ones for the 2020 election, just set new lows for unemployment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-17  Authors: jeff cox
Keywords: news, cnbc, companies, big, statistics, ones, including, showing, set, states, lows, unemployment, election, walmart, wears, shirt, state, stores, 2020, rate


Three states, including two big ones for the 2020 election, just set new lows for unemployment

A job recruiter wears a shirt showing all of the Wal-Mart Stores Inc. brands during a career fair at the Sheraton Hotel in Philadelphia, Pennsylvania.

At a time when the national unemployment rate is at its lowest in nearly half a century, three states have set all-time records.

Vermont’s lowest-in-the-nation 2.2% jobless rate represents a new historic mark for the Green Mountain state, according to a report Friday from the Bureau of Labor Statistics.


Company: cnbc, Activity: cnbc, Date: 2019-05-17  Authors: jeff cox
Keywords: news, cnbc, companies, big, statistics, ones, including, showing, set, states, lows, unemployment, election, walmart, wears, shirt, state, stores, 2020, rate


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Denver is 1st US city to decriminalize ‘magic mushrooms’

Voters narrowly made Denver the first U.S. city to decriminalize psilocybin, the psychoactive ingredient in “magic mushrooms.” Organizers turned to the same strategy that marijuana activists used to decriminalize pot possession in the city in 2005. Kevin Matthews, director of the Decriminalize Denver campaign, said psilocybin has helped him deal with depression for years. Magic mushrooms have been used in religious practices for decades because of their powerful effect on perceptions and spiritu


Voters narrowly made Denver the first U.S. city to decriminalize psilocybin, the psychoactive ingredient in “magic mushrooms.” Organizers turned to the same strategy that marijuana activists used to decriminalize pot possession in the city in 2005. Kevin Matthews, director of the Decriminalize Denver campaign, said psilocybin has helped him deal with depression for years. Magic mushrooms have been used in religious practices for decades because of their powerful effect on perceptions and spiritu
Denver is 1st US city to decriminalize ‘magic mushrooms’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-09
Keywords: news, cnbc, companies, used, initiative, effects, mushrooms, magic, city, 1st, statewide, psilocybin, possession, election, decriminalize, denver


Denver is 1st US city to decriminalize 'magic mushrooms'

Voters narrowly made Denver the first U.S. city to decriminalize psilocybin, the psychoactive ingredient in “magic mushrooms.”

Decriminalization led by a slim 51%, according to preliminary figures on Tuesday’s election released by Denver’s Election Division. As many as 1,300 votes still remain to be counted, but that figure was not enough to swing the vote the other way, division spokesman Alton Dillard said.

Final election results will be released on May 16, he said.

“I think today’s outcome really demonstrates that the conversation is going to continue, and the world is ready for it,” said Cindy Sovine, chief political strategist for the campaign to decriminalize the drug.

“Psychedelics are already here. Now we can start to have the conversation about using them mindfully,” she added.

Organizers turned to the same strategy that marijuana activists used to decriminalize pot possession in the city in 2005. That move was followed by statewide legalization in 2012. A number of other states have since broadly allowed marijuana sales and use by adults.

Organizers say their only goal in the mushroom measure is to keep people out of jail in Denver for using or possessing the drug to cope with depression, anxiety, post-traumatic stress and other conditions.

“We’re not talking about legalization, we’re talking about not putting people in jail,” Sovine said.

The initiative effectively decriminalizes use or possession of psilocybin by people 21 and older, making it the lowest enforcement priority for police and prosecutors. It does not legalize psilocybin or permit its sale by cannabis businesses.

Kevin Matthews, director of the Decriminalize Denver campaign, said psilocybin has helped him deal with depression for years.

“This is not something you have to take every day,” the 33-year-old Denver native said. “It provides a lot of lasting benefits, weeks and months after one experience.”

Psilocybin has been federally outlawed since the 1960s, when it was widely known as a recreational drug. The ban stymied medical research, but small studies in recent years have found the substance had positive effects on anxiety and depression for cancer patients.

Users have described seeing vivid colors and geometric patterns and experiencing powerful spiritual connections and emotions.

Magic mushrooms have been used in religious practices for decades because of their powerful effect on perceptions and spiritual experiences. Those same effects have appealed to recreational users dating to the 1960s counterculture movement.

A California effort to decriminalize psilocybin failed to qualify for the statewide ballot in 2018. Organizers in Oregon are trying to gather enough support to put an initiative to a statewide vote next year.

It took the pro-psilocybin organizers in Denver three tries to develop language approved by city officials for the ballot. They collected more than 8,000 signatures to qualify for Tuesday’s election.

Denver Mayor Michael Hancock and District Attorney Beth McCann opposed the initiative, but there was no organized campaign against decriminalization. The city’s election largely focused on a six-way race for mayor and a heated effort to end Denver’s “urban camping” ban that affects people without housing.

Voters roundly rejected an end to the camping ban. In the mayor’s race, incumbent Michael Hancock will face a June 4 runoff election against challenger Jamie Giellis.

The mushroom ordinance also prevents city funds from being used to pursue criminal penalties on possession or use and creates a panel to study the effects of the change.


Company: cnbc, Activity: cnbc, Date: 2019-05-09
Keywords: news, cnbc, companies, used, initiative, effects, mushrooms, magic, city, 1st, statewide, psilocybin, possession, election, decriminalize, denver


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One year after Malaysia’s shock election, here’s how Mahathir’s government is doing

The historic election win surprised even the victors themselves. That surprise election outcome rocked financial markets, with investors selling down Malaysian stocks, bonds and currency in the immediate aftermath. But within the country, many were optimistic about the future under the rule of the opposition alliance Pakatan Harapan — the Malay language term for “alliance of hope.” “When Pakatan won the election, there were a lot of elevated expectations,” said Harrison Cheng, associate director


The historic election win surprised even the victors themselves. That surprise election outcome rocked financial markets, with investors selling down Malaysian stocks, bonds and currency in the immediate aftermath. But within the country, many were optimistic about the future under the rule of the opposition alliance Pakatan Harapan — the Malay language term for “alliance of hope.” “When Pakatan won the election, there were a lot of elevated expectations,” said Harrison Cheng, associate director
One year after Malaysia’s shock election, here’s how Mahathir’s government is doing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: yen nee lee, lai seng sin, ulet ifansasti l getty images, -azmil tayeb, lecturer at universiti sains malaysia
Keywords: news, cnbc, companies, mahathirs, shock, pakatan, doing, missing, election, country, financial, world, alliance, won, malaysias, opposition, billions, heres


One year after Malaysia's shock election, here's how Mahathir's government is doing

One year ago, Malaysians stunned the world when they toppled the political coalition that had governed the country for more than 60 years, and voted the opposition into power. The historic election win surprised even the victors themselves.

That surprise election outcome rocked financial markets, with investors selling down Malaysian stocks, bonds and currency in the immediate aftermath. But within the country, many were optimistic about the future under the rule of the opposition alliance Pakatan Harapan — the Malay language term for “alliance of hope.”

“When Pakatan won the election, there were a lot of elevated expectations,” said Harrison Cheng, associate director and lead analyst for Malaysia at risk consultancy Control Risks.

The Southeast Asian country had made international headlines for a financial scandal involving former Prime Minister Najib Razak, Hollywood, Wall Street banking giant Goldman Sachs and billions of dollars missing from state fund 1MDB. Questions around the missing billions contributed to Najib’s defeat in the vote, with the former leader still facing charges now over money-laundering and corruption.


Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: yen nee lee, lai seng sin, ulet ifansasti l getty images, -azmil tayeb, lecturer at universiti sains malaysia
Keywords: news, cnbc, companies, mahathirs, shock, pakatan, doing, missing, election, country, financial, world, alliance, won, malaysias, opposition, billions, heres


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South Africa election: Everything you need to know ahead of the vote

The ANC, which spearheaded the struggle for freedom in South Africa, has accrued serious reputational damage by successive corruption scandals in recent years. Alongside concern over violent crime, income inequality and unemployment, many people in South Africa still lack access to electricity and sanitation. Waldo Swiegers | Bloomberg via Getty ImagesThe gap between the so-called “haves” and “have-nots” in South Africa is massive. Ramaphosa “may not be the last chance for South Africa, but mayb


The ANC, which spearheaded the struggle for freedom in South Africa, has accrued serious reputational damage by successive corruption scandals in recent years. Alongside concern over violent crime, income inequality and unemployment, many people in South Africa still lack access to electricity and sanitation. Waldo Swiegers | Bloomberg via Getty ImagesThe gap between the so-called “haves” and “have-nots” in South Africa is massive. Ramaphosa “may not be the last chance for South Africa, but mayb
South Africa election: Everything you need to know ahead of the vote Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: sam meredith
Keywords: news, cnbc, companies, south, zuma, anc, need, election, party, know, ahead, africa, vote, ramaphosa, leader, president, thaker


South Africa election: Everything you need to know ahead of the vote

South African President Cyril Ramaphosa addresses the crowd gathered at the Miki Yili Stadium, ahead of the celebrations for the 25th anniversary of Freedom Day, in Makhanda, Eastern Cape Province on April 27, 2019. MICHELE SPATARI | AFP | Getty Images

South Africans are preparing to vote for a new national parliament, 25 years after landmark elections ended white-minority rule. The African National Congress (ANC) has won every parliamentary vote since 1994, and opinion polls suggest the ruling party will secure another majority on Wednesday. But, President Cyril Ramaphosa is under intensifying pressure to prevent a further erosion of his party’s waning popularity. The ANC has seen its share of the parliamentary vote fall from a high of more than 69% in 2004 to 62% in 2014. The biggest rivals to the ANC are the Democratic Alliance (DA) — the country’s main opposition party — and the Economic Freedom Fighters (EFF), a radical leftist group. The ballot comes at a time when voters in Africa’s most industrialized economy are deeply concerned about several issues impacting their daily lives, with roughly half of the adult population currently living below the poverty line.

What’s going to happen?

Almost 50 parties will compete for the support of nearly 27 million eligible voters, with the ANC tipped to secure somewhere between 54% and 61% of the vote. The DA, a center-right party which holds the Western Cape, is reportedly expected to win as much as 22% of the vote, while the EFF is set to receive around 10%. “The ANC will win with a slightly reduced majority, but it is the provincial breakdown which could have grand implications over whether Ramaphosa is able to implement economic reform,” Indigo Ellis, Africa analyst at Verisk Maplecroft, told CNBC via telephone. “It could even bring into question the entirety of Ramaphosa’s position as president,” Ellis said. The ANC, which spearheaded the struggle for freedom in South Africa, has accrued serious reputational damage by successive corruption scandals in recent years. Under its previous leader, former President Jacob Zuma who was ousted last year, the ruling party was caught up in a series of scandals involving corruption and gross maladministration. Zuma denies any wrongdoing.

This election is not about black and white, it is about the ‘haves’ and the ‘have-nots.’ Pat Thaker editorial director for the Middle East and Africa at the Economist Intelligence Unit

Ramaphosa, a charismatic former trade union leader who succeeded Zuma as ANC leader, has been trying to make amends by cracking down on corruption and stimulating economic growth. Analysts told CNBC that if the ANC were to win enough votes next week, the success of Ramaphosa’s reform agenda would most likely depend on the size of the party’s parliamentary majority.

Who is Ramaphosa?

Once seen as potential heir to Nelson Mandela, Ramaphosa lost out to internal battles within the ANC in the 1990s before going on to make a fortune in business. The 66-year-old lawyer returned to frontline politics as one of the country’s wealthiest politicians in 2014, with a reported net worth of about $450 million. He was elected as ANC leader in 2017, before replacing Zuma as president in February last year. “In many ways, Ramaphosa is rekindling the optimism of the 1990s but — and it is a big but — the economic, political and social problems are far greater now,” Pat Thaker, editorial director for the Middle East and Africa at the Economist Intelligence Unit, told CNBC via telephone. Alongside concern over violent crime, income inequality and unemployment, many people in South Africa still lack access to electricity and sanitation. Housing is also a hot button issue in the country, with richer households thought to be nearly 10 times wealthier than poor households. “This election is not about black and white, it is about the ‘haves’ and the ‘have-nots’,” Thaker said.

Commercial buildings and office property stand on the city skyline as night falls, as seen from the 50th floor of the Carlton Centre, in Johannesburg, South Africa, on Tuesday, July 17, 2018. Waldo Swiegers | Bloomberg via Getty Images

The gap between the so-called “haves” and “have-nots” in South Africa is massive. High-walled mansions and skyscrapers are a constant reminder of the wealth enjoyed by some, while there are millions of others living in townships and squatter camps. Ramaphosa “may not be the last chance for South Africa, but maybe he is for the ruling party. I think the next election in 2024 could have a completely new party,” Thaker said.

Why does the election matter for global investors?


Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: sam meredith
Keywords: news, cnbc, companies, south, zuma, anc, need, election, party, know, ahead, africa, vote, ramaphosa, leader, president, thaker


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‘The center of the political universe’ — Iowa is even more important than usual in the 2020 election

The president won Iowa by about 10 percentage points in 2016 after President Barack Obama carried the state twice. Iowa Soybean Association President Lindsay Greiner Joseph L. Murphy | Iowa Soybean AssociationLindsay Greiner, president of the Iowa Soybean Association, said “there’s really bean a lack of any good news.” The majority House Democrats are in no hurry to bring the deal to a vote in the chamber. With the issues facing Iowa, Democrats have looked for ways to gain an edge in 2020. “We d


The president won Iowa by about 10 percentage points in 2016 after President Barack Obama carried the state twice. Iowa Soybean Association President Lindsay Greiner Joseph L. Murphy | Iowa Soybean AssociationLindsay Greiner, president of the Iowa Soybean Association, said “there’s really bean a lack of any good news.” The majority House Democrats are in no hurry to bring the deal to a vote in the chamber. With the issues facing Iowa, Democrats have looked for ways to gain an edge in 2020. “We d
‘The center of the political universe’ — Iowa is even more important than usual in the 2020 election Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: jacob pramuk
Keywords: news, cnbc, companies, house, democratic, democrats, state, trade, iowa, vote, important, universe, trump, usual, political, 2020, election, president, center, states


'The center of the political universe' — Iowa is even more important than usual in the 2020 election

Democratic presidential candidate Senator Bernie Sanders (I-VT) speaks during a rally at the Fairfield Arts and Convention Center on April 06, 2019 in Fairfield, Iowa. Scott Olson | Getty Images

Democratic presidential candidates swarm. A nine-term U.S. House incumbent faces a primary challenge. Farmers watch to see whether President Donald Trump can end his trade conflicts — and ease their financial pain. That’s only the start of the intrigue in Iowa ahead of the 2020 elections. Even for a presidential campaign staging ground and White House swing state, the Hawkeye State will play a massive role next year. “Iowa is always important, but it really will be the center of the political universe for much of 2020,” said Alex Conant, a Republican strategist who worked on first-term Sen. Joni Ernst’s 2014 campaign victory. All four of the state’s House districts have a chance to change hands as Democrats try to hold a majority they won last year in part through a strong showing in Iowa. Meanwhile, Republicans may need Ernst to hold her seat to keep their Senate majority. Trump looms above it all. The president won Iowa by about 10 percentage points in 2016 after President Barack Obama carried the state twice. But frustrations have started to boil in a state heavily reliant on exports to Canada and Mexico. The president’s tariff policy and struggle to ratify updates to the North American Free Trade Agreement have created uncertainty for farms and other businesses. Of course, most of the focus on Iowa relates to its February caucuses, the first nominating contest in the Democratic presidential primary. The more than 20 candidates in the primary field have descended on the state in recent months, standing on counters, eating ice cream and serving beer as they court the state’s voters. A strong showing there can help Democrats establish an early foothold in the race to challenge Trump for the White House.

There’s more than a presidential race in Iowa

But much more will happen in Iowa to shape the battle for control of the White House and Congress in 2020. Along with states such as Pennsylvania and Michigan, Iowa voted for Trump after backing Obama twice. All of those states swung toward Democrats in last year’s midterms: in Iowa, Reps. Abby Finkenauer and Cindy Axne flipped GOP-held seats, while Republican Gov. Kim Reynolds won reelection by only about 2.5 percentage points. Iowa will play a major role in House elections again next year. Republicans have their eyes on taking back both Finkenauer’s 1st District and Axne’s 3rd District. The GOP will also target the state’s 2nd District, which despite its blue tilt has entered the 2020 battlefield due to Democratic Rep. Dave Loebsack’s retirement. Meanwhile, Republican Rep. Steve King in Iowa’s 4th District will have to fight off primary and general election challenges next year after surviving a close call in 2018. King, who has served for more than 15 years, lost party support and was stripped of committee assignments because of racist comments. His leading GOP rival for the seat is state Sen. Randy Feenstra, who easily raised more money than King in the first quarter. King’s district is “so heavily Republican that it really hasn’t been competitive for quite a while,” said Tim Hagle, an associate professor of political science at the University of Iowa. He said it has a better chance of flipping to Democratic control if King wins the nomination over one of his Republican challengers. Combined with Loebsack’s retirement and the freshman Democrats’ defense of their seats, the state has more congressional ballot intrigue than it has in years. At the statewide level, Ernst has an early advantage in the race to keep her seat. She won by nearly 10 percentage points in 2014. Democrats have struggled to find a top-tier challenger to take her on — both former Iowa Gov. Tom Vilsack and Axne declined to run for Senate. Still, the factors that could make Trump’s reelection close in Iowa will also affect Ernst. Iowa sits at the center of two national issues that will test voters’ patience not only for the president but also other incumbents. Farmers damaged by lower prices caused in part by Trump’s trade war with China want to see the conflict end and hope Congress will approve the new United States Mexico Canada Agreement.

Iowa Soybean Association President Lindsay Greiner Joseph L. Murphy | Iowa Soybean Association

Lindsay Greiner, president of the Iowa Soybean Association, said “there’s really bean a lack of any good news.” The organization advocates for soybean farmers in Iowa, the largest U.S. producer of the crop. Prices have plunged since the U.S. started a tit-for-tat tariff battle with China. The Trump administration has pushed Beijing to purchase more soybeans as part of any agreement. “Politicians are dragging their feet on approving USMCA. Progress has been made on a deal with China but it’s been slow,” Greiner said, referring to the updated NAFTA, which Trump has dubbed the United States Mexico Canada Agreement. He added that politicians appear “more concerned about whether Russia meddled in an election when there’s real economic hardship going on in farm country.” Greiner grows about 800 acres of corn and 700 acres of soybeans near Keota, Iowa. He said he has looked for ways to cut costs as the revenue for his farm has dropped by about $80,000 in the last year. The prospects look grim for USMCA approval soon. The majority House Democrats are in no hurry to bring the deal to a vote in the chamber. Republicans, led by Senate Finance Committee Chairman Chuck Grassley-R-Iowa, and Ernst, have pushed Trump to drop tariffs and steel and aluminum imports from Canada and Mexico before moving forward with the agreement. Iowa relies on America’s northern and southern neighbors. It sent $4.2 billion in goods, or about 30 percent of its exports, to Canada in 2018, according to the U.S. Trade Representative. It exported $2.3 billion in goods to Mexico. With about 18 months until the election and a Democratic nominee to be determined, it will take a while before we know whether the trade conflicts hurt Trump’s reelection. Greiner has voted for candidates from both major parties and supported both Trump and Loebsack in 2016. He said it is “too soon to tell” whether he will vote for a second term for the president. Trade has implications for Iowa’s House races, too. All four of Iowa’s congressional districts are among the 36 that have soybean plantings of more than half a million acres. Both Finkenauer and Axne criticized Trump’s tariffs on China on the way to winning their seats. While King acknowledged the damage the trade war caused to Iowa farmers, he, along with Trump, has stressed patience.

The disaster relief problem

Ryan Lincoln maneuvers his boat through flood water at the intersection of Pershing Ave and E 2nd St. Thursday, May 2, 2019. Kevin E. Schmidt | Quad City Times via AP

Farmers in western Iowa already ravaged by trade conflict took another devastating blow earlier this year. The worst flooding in years hit the state, along with Nebraska and Missouri. It put a focus not only on climate change but also the integrity of U.S. infrastructure. With the issues facing Iowa, Democrats have looked for ways to gain an edge in 2020. Sen. Elizabeth Warren, D-Mass., proposed appointing “trustbusters” to review and reverse “anti-competitive mergers” in the agriculture industry. Sen. Amy Klobuchar, a Minnesota Democrat used to campaigning in farm country, has put an emphasis on overhauling infrastructure and connecting rural Americans to the internet. Multiple Democratic candidates have toured the flooded areas of Iowa. Washington Gov. Jay Inslee — who has run primarily on a pledge to combat climate change — used the moment to accuse Trump of making natural disasters worse by failing to address a warming planet. In only the last few days, the eastern part of Iowa took a hit. Flood waters swept into Davenport, Iowa, on Tuesday temporary structures holding back a swollen Mississippi River gave way. Warren cited Davenport on Thursday in saying “climate change is here, and it’s up to us to act.” But Iowa carries its pitfalls for Democrats. The Senate has failed to pass a bill to send natural disaster relief funds to states such as Iowa, Florida, Texas and California. Democrats have pushed for a package to include more aid for hurricane-ravaged Puerto Rico — spending Trump does not support. All six senators running for president as Democrats either voted not to advance, or missed the vote on, a GOP-backed bill that they said lacked enough relief money for the island commonwealth. When the vote took place last month, Grassley warned his colleagues about political backlash in Iowa. “To my colleagues across the aisle who have been spending a lot of time in Iowa lately as presidential candidates, if you vote against moving forward with the [relief money for Midwestern states], how are you going to look Iowans in the eye and justify a vote against moving this disaster relief bill ahead?” he asked at the time. Trade poses another issue for parts of the Democratic field in Iowa. Leading candidates whose trade views overlap with Trump’s — such as Sen. Bernie Sanders, I-Vt., and Warren — will have to defend their opposition to trade deals such as NAFTA that have shaped the Iowa economy.

“We do want to have an end in sight”

Soybean harvesting in Iowa Joseph L. Murphy | Iowa Soybean Association


Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: jacob pramuk
Keywords: news, cnbc, companies, house, democratic, democrats, state, trade, iowa, vote, important, universe, trump, usual, political, 2020, election, president, center, states


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European markets eke gains after Spain’s Socialists win snap election

European stocks closed a touch higher on Monday, after weak euro zone data exacerbated fears over the outlook for the global economy. The pan-European Stoxx 600 ended .06 percent just above the flatline on Monday with sectors pointing in opposite directions. Official data published Monday showed euro zone economic sentiment slipped for the 10th consecutive month to its lowest level in more than two years in April. The agency is giving more time for Rome’s populist government to implement policie


European stocks closed a touch higher on Monday, after weak euro zone data exacerbated fears over the outlook for the global economy. The pan-European Stoxx 600 ended .06 percent just above the flatline on Monday with sectors pointing in opposite directions. Official data published Monday showed euro zone economic sentiment slipped for the 10th consecutive month to its lowest level in more than two years in April. The agency is giving more time for Rome’s populist government to implement policie
European markets eke gains after Spain’s Socialists win snap election Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: chloe taylor sam meredith, chloe taylor, sam meredith
Keywords: news, cnbc, companies, socialists, markets, output, snap, global, spains, gains, stocks, slipped, european, fell, eke, shares, election, win, euro, sentiment, zone


European markets eke gains after Spain's Socialists win snap election

European stocks closed a touch higher on Monday, after weak euro zone data exacerbated fears over the outlook for the global economy.

The pan-European Stoxx 600 ended .06 percent just above the flatline on Monday with sectors pointing in opposite directions.

Official data published Monday showed euro zone economic sentiment slipped for the 10th consecutive month to its lowest level in more than two years in April. Sentiment in the bloc fell to 104.0 points in April, down from 105.6 in March, as managers in the industry and retail sector became more downbeat.

Oil and gas stocks struggled, down more than 1% shortlya fter 4p.m. London time. This comes after the oil price continued a slump after President Donald Trump claimed that he demanded OPEC raise output to soften the impact of U.S. sanctions against Iran.

Meanwhile, Europe’s banking index was one of the few sectoral gainers, up around 0.5% after S&P Global affirmed Italy’s credit rating at BBB on Friday. The agency is giving more time for Rome’s populist government to implement policies to address the country’s economic woes. Banco BPM and UBI Banca both finished up around 3.5 % on the news.

Looking at individual stocks, Germany’s Bayer slumped toward the bottom of the European benchmark. On Saturday, the firm’s supervisory board said it stands behind the management after a majority of shareholders refused to ratify management’s actions in 2018. Shares of Bayer slipped over 3.5%.

Sticking with Germany, chemicals maker Covestro said Monday core profit tumbled 58% over the first three months of 2019, with product prices under pressure as rivals bolster their output. Shares of the company fell more than 1.2%.


Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: chloe taylor sam meredith, chloe taylor, sam meredith
Keywords: news, cnbc, companies, socialists, markets, output, snap, global, spains, gains, stocks, slipped, european, fell, eke, shares, election, win, euro, sentiment, zone


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After Mueller findings, US-Russian relations can hopefully ‘start again,’ VTB’s Kostin says

The Mueller report’s findings that President Donald Trump did not collude with Russia to influence the 2016 election should help to improve relations between the U.S. and Russia, Andrey Kostin, the chairman and president of VTB Bank, told CNBC. “Hopefully, the Mueller report will help to start a rethink (of) the attitude of American politicians towards Russia and maybe we’ll have a new start in our relationship with the United States, hopefully,” Kostin told CNBC’s Geoff Cutmore in Moscow, Wedne


The Mueller report’s findings that President Donald Trump did not collude with Russia to influence the 2016 election should help to improve relations between the U.S. and Russia, Andrey Kostin, the chairman and president of VTB Bank, told CNBC. “Hopefully, the Mueller report will help to start a rethink (of) the attitude of American politicians towards Russia and maybe we’ll have a new start in our relationship with the United States, hopefully,” Kostin told CNBC’s Geoff Cutmore in Moscow, Wedne
After Mueller findings, US-Russian relations can hopefully ‘start again,’ VTB’s Kostin says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: holly ellyatt, andrey rudakov, bloomberg, getty images
Keywords: news, cnbc, companies, relations, start, findings, president, election, trump, usrussian, sanctions, hopefully, russia, relationship, vtbs, mueller, told, report, kostin


After Mueller findings, US-Russian relations can hopefully 'start again,' VTB's Kostin says

The Mueller report’s findings that President Donald Trump did not collude with Russia to influence the 2016 election should help to improve relations between the U.S. and Russia, Andrey Kostin, the chairman and president of VTB Bank, told CNBC.

“Hopefully, the Mueller report will help to start a rethink (of) the attitude of American politicians towards Russia and maybe we’ll have a new start in our relationship with the United States, hopefully,” Kostin told CNBC’s Geoff Cutmore in Moscow, Wednesday.

Relations between Russia and the U.S. have been strained since the former was found to have meddled in the 2016 election and was punished with U.S. sanctions.

Following a 22-month investigation, special counsel Robert Mueller concluded in March that Trump did not collude with Russia to influence the vote, however.

“For a long time the Russian side was saying that the Mueller report would not find any relationship, or behind-the-scenes relationship or agreement, between Trump and Russia because there are none,” Kostin said.

“Two years or so were spent on asking hundreds of people about this and you see the results are zero.”

Russia has constantly denied any meddling in the U.S. election and Kostin said evidence was lacking.

“I can neither confirm nor deny it, I just haven’t received enough information about this from the Mueller report or other sources to justify the accusation against the Russian side,” he said.

How much wider political appetite there is in the U.S. to forgive Russia, which has labored under various sanctions relating to election meddling and its annexation of Crimea in 2014, remains under scrutiny.

Majority state-owned VTB Bank is no stranger to sanctions. Russia’s second-largest bank was placed on a U.S. sanctions list in 2014 following this annexation and support for a pro-Russian uprising in the east of Ukraine.

In 2018, the U.S. added Kostin to a list of sanctioned individuals as he was deemed to be a government official and close to President Vladimir Putin. He told CNBC last May that the decision to put him on the list was “unfair.”


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: holly ellyatt, andrey rudakov, bloomberg, getty images
Keywords: news, cnbc, companies, relations, start, findings, president, election, trump, usrussian, sanctions, hopefully, russia, relationship, vtbs, mueller, told, report, kostin


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Russia’s hack into the US election was surprisingly inexpensive, Mueller report shows

Beginning in March 2016, units of Russia’s military intelligence unit known as GRU hacked the computers and email accounts of organizations, employees and volunteers supporting the Clinton presidential campaign, including the email account of campaign chairman John Podesta, the Mueller report said. The Russian group also hacked the computer networks of the Democratic Congressional Campaign Committee (DCCC) and the Democratic National Committee (DNC). The spoof website might ask for personal deta


Beginning in March 2016, units of Russia’s military intelligence unit known as GRU hacked the computers and email accounts of organizations, employees and volunteers supporting the Clinton presidential campaign, including the email account of campaign chairman John Podesta, the Mueller report said. The Russian group also hacked the computer networks of the Democratic Congressional Campaign Committee (DCCC) and the Democratic National Committee (DNC). The spoof website might ask for personal deta
Russia’s hack into the US election was surprisingly inexpensive, Mueller report shows Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: arjun kharpal, tom williams, cq roll call, getty images
Keywords: news, cnbc, companies, software, website, inexpensive, hack, shows, report, campaign, gru, mueller, network, spearphishing, person, email, russias, able, election, surprisingly, including


Russia's hack into the US election was surprisingly inexpensive, Mueller report shows

Beginning in March 2016, units of Russia’s military intelligence unit known as GRU hacked the computers and email accounts of organizations, employees and volunteers supporting the Clinton presidential campaign, including the email account of campaign chairman John Podesta, the Mueller report said.

The Russian group also hacked the computer networks of the Democratic Congressional Campaign Committee (DCCC) and the Democratic National Committee (DNC).

Initially, the GRU employed a hacking technique known as spearphishing. That’s when a hacker sends an email to a person that contains something like a link to a fake website or an attachment. When a person clicks that link or downloads that document, it could lead to malicious software being installed on that person’s computer or mobile device. The spoof website might ask for personal details about a person, which could include passwords to certain services they use.

Once the hackers were into the DCCC network after a successful spearphishing attempt, they were also able to get into the DNC network. From there, they implanted malicious software, which was able to log keystrokes, take screenshots, and gather other data about the infected computers. In this way, the GRU was able to steal thousands of documents from the Democrat campaign, including emails, which ended up on various online platforms including WikiLeaks.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: arjun kharpal, tom williams, cq roll call, getty images
Keywords: news, cnbc, companies, software, website, inexpensive, hack, shows, report, campaign, gru, mueller, network, spearphishing, person, email, russias, able, election, surprisingly, including


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Spain’s about to hold a general election: Here’s what you need to know

The party has been overseeing a minority government with just 84 seats in the 350-member Congress of Deputies, Spain’s lower house of parliament. In this election, it could gain as many as 54 seats — but that would still fall short of the 176 seats a party needs to gain a majority. Opinion polls have consistently showed that the PSOE leads by a wide margin and is seen with between 28 to 31% of the votes. The Vox party is seen getting around 9-11% of the vote. “People are really scared of the ris


The party has been overseeing a minority government with just 84 seats in the 350-member Congress of Deputies, Spain’s lower house of parliament. In this election, it could gain as many as 54 seats — but that would still fall short of the 176 seats a party needs to gain a majority. Opinion polls have consistently showed that the PSOE leads by a wide margin and is seen with between 28 to 31% of the votes. The Vox party is seen getting around 9-11% of the vote. “People are really scared of the ris
Spain’s about to hold a general election: Here’s what you need to know Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: holly ellyatt, jose jordan, afp, getty images, david ramos, getty images news
Keywords: news, cnbc, companies, hold, election, party, gain, vote, consistently, polls, socialists, psoe, seen, heres, seats, need, general, know, spains, voters


Spain's about to hold a general election: Here's what you need to know

Opinion polls in recent weeks have consistently signaled that Sanchez’s socialists could win the largest share of the vote — but not enough for the party to govern alone.

The party has been overseeing a minority government with just 84 seats in the 350-member Congress of Deputies, Spain’s lower house of parliament. In this election, it could gain as many as 54 seats — but that would still fall short of the 176 seats a party needs to gain a majority.

Opinion polls have consistently showed that the PSOE leads by a wide margin and is seen with between 28 to 31% of the votes. The PP is trailing with around 20-24% of the vote. Ciudadanos is seen with around 15% and Podemos with around 12-13%. The Vox party is seen getting around 9-11% of the vote.

A large number of voters (25-30%) remain undecided as to who to vote for, and this could have a significant impact on the final result.

Speculation is already mounting over what alliances PSOE could seek to enable it to form a government. Anna Rosenberg, partner and head of Europe and U.K. at Signum Global Advisors, told CNBC that the socialists were benefiting from the fragmentation on the right.

“People are really scared of the rise of the right-wing parties and that will mobilize voters that might not have been expected to vote before. Sanchez has also actually done quite well and doesn’t represent the status quo,” she said.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: holly ellyatt, jose jordan, afp, getty images, david ramos, getty images news
Keywords: news, cnbc, companies, hold, election, party, gain, vote, consistently, polls, socialists, psoe, seen, heres, seats, need, general, know, spains, voters


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