Friday Morning Briefing: Fake meat staves off North Koreans' hunger

View in Browser
logo-reuters-news-now

The first customer for new iPhone X celebrates as he enters an Apple Store in Beijing, China November 3, 2017. REUTERS/Damir Sagol

 


North Korea

 

Beset by challenges at home, Trump is embarking on the longest trip to Asia by an American president in more than a quarter century, looking for help to pressure North Korea to stand down from a nuclear crisis. 

 

Two U.S. strategic bombers conducted drills over South Korea, the U.S. Air Force said, raising tensions with North Korea just days before Trump visits the region seeking to shut down Pyongyang’s nuclear program.

 

One month into the trial of the killing of North Korean leader Kim Jong Un’s half-brother, Malaysian prosecutors have focused on two accused women, but have shed no light on four prime North Korean suspects.

 

'Injogogi', or 'man-made meat', is one of many culinary inventions cooked up in North Korea, where ingredients are scarce and sanctions are tightening. A rich menu of streetfood shows how people have survived in recent decades, but also makes it hard for outsiders to see if sanctions are hurting ordinary people. 

 


U.S.

 

U.S. House of Representatives Republicans unveiled long-delayed legislation to deliver deep tax cuts that Trump has promised, setting off a frantic race in Congress to give him his first major legislative victory. 

 

Breakingviews - Republicans’ botched pitch for tax cuts could cost them dearly.

 

Minutes after Sayfullo Saipov drove a truck down a bike path in New York, a Reuters team started collecting videos and images taken by bystanders during the deadly attack. Read the latest Backstory on how reporters sift through user-generated content in the midst of a breaking news story. 

 

Trump’s @realdonaldtrump Twitter account was deactivated by a Twitter employee who was leaving the company and was down for 11 minutes before it was restored, the social media company said. 

 


The Trump Effect

 

Many of the immigration initiatives launched by the Trump administration in recent weeks target one kind of migrant: children. The measures are aimed at expelling young people already in the United States illegally and preventing new ones from crossing into the country.

 

When Trump announced on Oct. 12 he would stop subsidies to health insurers critical to the Obamacare law, the response from Democratic state officials was swift and predictable: a lawsuit by 18 state attorneys general was filed within 24 hours. 

 


 

Hindu saints perform rituals to celebrate Akshardham temple's silver jubilee in Gandhinagar, India, November 2, 2017. REUTERS/Amit Dave


Business

 

U.S. job growth accelerated in October after hurricane-related disruptions hurt employment in September, but there were signs that labor market momentum was slowing as annual wage gains sharply retreated.

 

Federal Reserve Board Governor Jerome Powell, who has voted to support Fed Chair Janet Yellen’s low interest rate policies, may not be as negative for the U.S. dollar in the long term as originally thought, investors and analysts said. Trump tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling a continuation of her cautious monetary policies. 

 

Now the Bank of England has raised interest rates for the first time in a decade, it is beyond doubt major central banks in industrialized economies are eager to shift away from ultra-easy policy. But the fact the decision was so contested both in and outside the BoE perhaps reveals more concern about the lack of inflation pressure than about Britain’s clear difficulty in trying to leave the European Union without a concrete plan. 

 

Long, snaking lines formed outside Apple stores in Asia early as fans flocked to buy the new iPhone X, a turnout that contrasts with the more lackluster launches for the past two iterations of the premium smartphone. 

 

Iraqi Basra crude oil in November has sold at the widest discounts to official prices in more than a year, with cargoes that backed up after hurricanes hit the U.S. Gulf Coast facing competition from Mexican crude, trade sources said.

 


World

 

The Syrian government declared victory over Islamic State in the eastern city of Deir al-Zor, a big blow to the jihadists as their last stronghold in Syria crumbles. 

 

Jailed Catalonia leader Santi Vila, among the nine Catalan leaders ordered to be held in custody pending a potential trial over the region’s independence drive, was free to leave jail after paying bail, a court document showed. 

 

Israeli Prime Minister Benjamin Netanyahu said he hoped a U.S. peace initiative will work and praised Trump for taking a fresh approach to bringing the Israelis and Palestinians back to negotiations. 

 

South Africa’s state prosecutors told the Supreme Court of Appeal the six-year sentence for murder handed to Paralympic gold medalist Oscar Pistorius was “shockingly lenient” and asked for the right to launch an appeal. 

 

China hopes the United States can “help and not cause problems” in the disputed South China Sea, a senior Chinese diplomat said ahead of next week’s visit to Beijing by Trump. 

 

A century after the Russian Revolution, the influence of its leader Vladimir Lenin has waned but his image remains on monuments built across the former Soviet Union as part of a cult of personality. 



Top Democrats say 2016 nomination was rigged for Clinton

Thursday Morning Briefing: Trump calls for death penalty for New York attacker

View in Browser
logo-reuters-news-now

People place candles outside the Instituto Politecnico, a technical high school, where the five Argentine citizens who were killed in the truck attack in New York on October 31 went to school, in Rosario, Argentina November 1, 2017. REUTERS/Marcos Brindicci

 


New York

 

U.S. President Donald Trump said the Uzbek immigrant accused of killing eight people when he drove a truck down a New York City bike path should get the death penalty. The suspect, Sayfullo Saipov, told investigators he was inspired by watching Islamic State videos and began planning Tuesday’s attack a year ago, according to a criminal complaint filed against him. 

 

A visa program aimed at diversifying the U.S. immigrant population came under attack from Trump after he learned that the suspect used it to enter the country. 

 

Pushed by a lack of jobs and strict control of behavior and dissent, millions of Uzbeks have emigrated in recent years. Hundreds of those joined Islamic State in the Middle East, while others turned to religious extremism in their host countries. 

 


Commentary

 

After losing control of its self-declared caliphate in Syria and Iraq, Islamic State is investing more of its resources in a "leaderless jihad" that does not need a physical state, writes Mohamad Bazzi. The group will now rely on lone wolf assaults like the truck attack in New York to project a greater reach than it has. "To combat this more complex range of threats posed by Islamic State and its sympathizers," says Bazzi, "governments throughout the world will need to do more than simply continue military strikes against targets in Iraq and Syria." 

 

A coup has indeed taken place in Catalonia, writes Melissa Rossi, “but the instigators aren't in Madrid." Instead, it is the social media-savvy separatists that  have leveraged historical grudges to create rancor and division, making a mockery of the very democracy they claim to desire by saying that it’s Spain, with elections, a healthy constitution, and a decentralized government, that is undemocratic. 

 


U.S.

 

Trump’s drive to overhaul the U.S. tax system will reach a major milestone, when Republicans in the House of Representatives unveil their long-awaited initial bill. The expected bill will be the starting gun for a frantic race toward what Trump and House and Senate Republicans hope will be their first major legislative victory: the enactment this year of a tax package seeking up to $6 trillion in tax cuts over the next decade for corporations, small businesses and individuals. 

 

Ralph and Mike Waller are such ardent backers of Trump that they help stage a counter-protest every Wednesday in front of their Front Royal, Virginia, pawn shop, sparring with anti-Trump demonstrators who gather across the street. But ask them about Ed Gillespie, the Republican candidate for Virginia governor in next Tuesday’s election, and they show little enthusiasm.  

 

Police in Colorado were searching for a gunman who calmly walked into a Walmart in suburban Denver and opened fire with a handgun, randomly shooting at shoppers and store clerks, killing three people, before he fled. 

 


Special report

 

In 2014, a woman’s severed head was found. Based on the precise way her neck was cut and the careful removal of her cervical spine, investigators believe a body broker was involved. But they need the public's help to solve what they consider the most bizarre case they've handled. Read Part Five of a special series on the body broker industry.

 


The group Colla els Capgrossos de Mataro form a human tower called 'Castell' during the All Saints Day in Vilafranca del Penedes town, near Barcelona, Spain, November 1, 2017. REUTERS/Juan Medina

 


Russia probe

 

Paul Manafort, who served briefly as Trump’s election campaign manager, and business associate Rick Gates are expected to make their first appearances before the judge overseeing a criminal case brought by a special counsel investigating campaign ties to Russia. 

 

Trump does not recall a meeting with his foreign policy advisers in March 2016 in which one of them suggested he could arrange a meeting between candidate Trump and Russian President Vladimir Putin, the White House said. 

 

U.S. lawmakers released a batch of Russian-bought Facebook ads that showcased politically charged content allegedly spread on social media by Moscow ahead of the 2016 U.S. election. 

 

Facebook’s long-term problem just got shorter. Chief Executive Mark Zuckerberg vowed to do more to combat fake content in response to the fallout from Russia-backed ads. As government scrutiny grows, he warned profitability will take a hit at the $500 billion firm. Read the Breakingviews piece.

 


Business

 

Traders were bracing for landmark events including the Bank of England’s first rate hike since 2007 and the unveiling of a new Fed chief as well as results from Apple as it looks to become the world’s first $1 trillion company.

 

Apple Chief Executive Tim Cook quashed concerns recently about muted demand for the iPhone X, saying pre-orders for the 10th anniversary smartphone were “off the charts,” but it might be the company’s market capitalization that needs a bigger graph. 

 

Apple won accolades from privacy experts in September for assuring that facial data used to unlock its new iPhone X would be securely stored on the phone itself. 

 

Tesla pushed back its target for volume production on its new Model 3 sedan by about three months, saying it was difficult to predict how long it would take to fix all production bottlenecks. 

 

Wall Street’s main regulator warned that celebrities or other individuals may be breaking U.S. securities law when promoting investments in initial coin offerings, a means for companies to raise funds online. 

 


Central banking

 

The Bank of England raised interest rates for the first time in more than 10 years and said it expected only “very gradual” further increases would be needed over the next three years.

 

Trump’s expected nomination of Federal Reserve Board Governor Jerome Powell to be the next chair of the U.S. central bank likely will provide investors with some assurance of continuity in monetary policy, supporting the eight-year long stock market rally, but perhaps dealing a blow to those looking for a stronger U.S. dollar. 

 


World

 

North Korea may be planning a new missile test, South Korea’s spy agency told lawmakers, after brisk activity was spotted at its research facilities, just days before U.S. President Donald Trump visits Seoul. 

 

The United States is Iran’s “number one enemy” and Tehran will never succumb to Washington’s pressure over a multinational nuclear deal, Iran’s Supreme Leader Ayatollah Ali Khamenei said in a televised speech. 

 

Reuters TV: Britain’s defence minister resigns in a growing sexual harassment scandal in Westminster. 

 

British street artist Banksy has offered a royal “apology” engraved on Israel’s barrier in the occupied West Bank for Britain’s endorsement a century ago of the establishment of a Jewish homeland in Palestine.