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Published by it, 2018-08-09 06:23:11

Agosto 9

Hacienda Digest

August 9th, 2018

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Important news for important people Volume 3268 Thursday August 09, 2018
International Business Sports
UN Secretary-General Antonio Cancer-stricken Dewayne Johnson Novak Djokovic sent Peter Polan- Cabo San Lucas
Guterres on Wednesday announced vowed to fight to his death in a David sky of Canada to a 6-3, 6-4 defeat on Thunderstorms
the appointment of Michelle Bachelet, versus Goliath court battle against Wednesday as the four-time champi- Sunrise: 6:53 AM
Chile’s twice-serving president who agrochemical giant Monsanto, whose on powered into the third round at the Sunset: 7:57 PM
endured torture under... P.2 weed killer he blames... P.3 Toronto Masters before... P.5 Humidity: 86% 80-82 F

He himself did not trade any of his holdings ahead of the negative report’s publication Injection procedure
US congressman, Trump loyalist, indicted for insider trading German drug maker sues
to halt US execution
in the company, owning millions of German drug maker Fresenius Kabi
dollars worth of its stock. is suing to halt a planned execution
He himself did not trade any of in Nebraska, claiming the US state il-
his holdings ahead of the negative legally obtained the company’s drugs
report’s publication, in part because to use for the lethal injection proce-
he was already under investigation dure. Fresenius Kabi filed the lawsuit
by the Office of Congressional Ethics Tuesday evening, saying the state
regarding his holdings. was planning to use two of its drugs
His stock ultimately declined by on August 14 to put to death convict-
millions of dollars in value when the ed killer Carey Dean Moore.
share price plummeted by 92 percent Moore is sentenced to death for the
one day after the trial results were re- 1979 murder of two taxi drivers. He
leased, federal prosecutors said. is not contesting his execution order,
But he knowingly broke the law by but it could nevertheless be delayed
alerting his son to the privileged data by the lawsuit.
before its publication, it added. If carried out, the execution would
The trades allowed Cameron Col- be Nebraska’s first in 21 years and its
lins, Zarsky and others “to avoid over first ever lethal injection.
$768,000 in losses that they would The state plans to use four drugs --
have otherwise incurred” if they sold the sedative Diazepam, the powerful
the stock after the announcement, ac- narcotic painkiller fentanyl citrate,
Chris Collins (R-NY) walks out of a New York court house (Photo AFP) cording to the indictment. the muscle relaxer cisatracurium
US House Republican Chris Collins, the expense of regular investors. And Chris Collins’ lawyers responded and potassium chloride, which stops
one of the first lawmakers to publicly then he lied about it to law enforce- swiftly, insisting the congressman the heart. Fresenius Kabi believes it
support Donald Trump’s presidential ment to cover it up,” US Attorney committed no wrongdoing and will is the source of the latter two drugs
candidacy, was indicted by federal Geoffrey Berman told a press confer- be “completely vindicated.” and is asking a federal judge to issue
prosecutors Wednesday for securities ence. Collins, who represents Buffalo’s an order either temporarily or perma-
fraud connected to an alleged insider Cameron Collins then used the suburbs and other counties in western nently blocking the state from using
trading scheme. insider information “to make timely New York, was the first House Re- the injectable medications.
Collins was arrested and charged trades in Innate stock and tip others,” publican to openly support Trump’s “While Fresenius Kabi takes no
along with his son Cameron Collins the indictment alleges. bid for the party’s nomination in the position on capital punishment, Fre-
and another defendant for their role in Innate had been developing a drug 2016 race, and he has remained loyal senius Kabi opposes the use of its
illegal trading of stock in Australian to treat multiple sclerosis, but in June to the president. products for this purpose and there-
biotechnology firm Innate Immuno- 2017 the drug’s clinical trial was de- House Speaker Paul Ryan said the fore does not sell certain drugs to cor-
therapeutics, where the elder Collins clared a failure. allegations demand a “thorough in- rectional facilities,” the company said
was a board member, according to the As a board member, Collins was vestigation.” in its civil complaint.
indictment unsealed by the US Attor- informed of the “extremely bad But he stopped short of a harsh rep- “These drugs, if manufactured by
ney for the Southern District of New news” by the company’s chief execu- rimand, stating only that Collins will Fresenius Kabi, could only have been
York. Collins, 68, “tipped his son to tive before the findings were publi- be removed from the House Energy obtained by defendants in contradic-
confidential corporate information at cized. Collins was a major investor and Commerce Committee. tion and contravention of the distri-
bution contracts the company has in
Russia has strongly denied playing a role in the attack place and therefore through improper
or illegal means.”
US hits Russia with sanctions over nerve agent attack in Britain The drug maker claims that with
The United States said Wednesday it daughter Yulia in March. The action is The action follows the US Trea- state executions regarded negatively
was imposing new sanctions on Rus- aimed at punishing President Vladimir sury’s imposition of sanctions in among the majority of the European
sia, as it accused the government in Putin’s government for having “used March against 19 Russian citizens public, it could suffer “great reputa-
Moscow of using a “lethal” nerve chemical or biological weapons in and five entities for interfering in the tional injury,” if its drugs are used for
agent in the attempted assassination of violation of international law,” State 2016 US election -- the toughest steps capital punishment.
a former spy in Britain. Department spokeswoman Heather against Moscow since President Don- The state of Nebraska has released
The State Department said the sanc- Nauert said in a statement. The new ald Trump took office. limited information about the drugs
tions were in response to “the use of a sanctions, details of which were not They came after the US intelli- and has not disclosed their source --
‘Novichok’ nerve agent in an attempt to immediately released, were to take ef- gence community’s conclusion that reflecting a general dilemma for US
assassinate UK citizen Sergei Skripal” fect following a 15-day Congressional Russia tried to help Trump win the states that continue to carry out the
-- who was a double agent -- and his notification period, she said. 2016 presidential race. death penalty via lethal injection.

Page 2 Thursday August 09, 2018
1,400 firefighters “Silence does not earn you any respect”
Portugal struggles to put Chile’s Bachelet picked to be UN rights chief
out Algarve wildfire
Wildfires scorched across Portugal’s UN Secretary-General Antonio cerned that Guterres would seek to
southern Algarve region on Wednes- Guterres on Wednesday announced appoint a less vocal human rights
day, threatening more villages as the the appointment of Michelle Bach- boss.
country’s prime minister warned the elet, Chile’s twice-serving president “If selected, Bachelet will be tak-
blaze could burn for days before be- who endured torture under the Pino- ing on one of the world’s most dif-
ing brought under control. chet regime, as the world body’s next ficult jobs at a moment when human
Over 1,400 firefighters and sol- human rights chief. rights are under widespread attack,”
diers were battling the blaze around Bachelet, 66, is set to replace said Human Rights Watch executive
the mountain spa town of Monchique Zeid Ra’ad Al Hussein of Jordan, a director Kenneth Roth.
in one of Europe’s top tourist destina- sharp critic of US President Donald “As a victim herself, she brings a
tions. Trump’s policies, who held the post unique perspective to the role on the
They were backed up by 13 water- of UN high commissioner for human importance of a vigorous defense
dropping aircraft that scooped water rights since September 2014. of human rights. People worldwide
from the sea at nearby beach resorts A two-time president who ranks will depend on her to be a public and
to battle the flames which were among the world’s most powerful forceful champion, especially where
scorching a path towards more vil- women in politics, Bachelet also offenders are powerful.”
lages. Sweltering temperatures and served in 2010 as the first director of The daughter of a general who op-
strong winds kindled blazes that have UN Women, the UN agency promot- posed Augusto Pinochet’s overthrow
whipped across the region as the Eu- ing gender equality worldwide. of president Salvador Allende, Bach-
rope-wide heatwave sent the mercury Guterres informed the General As- elet was detained in 1975 and held
above 45 degrees Celsius (113 Fahr- sembly of his decision in a letter on for several weeks at the infamous
enheit) in some areas of Portugal at Wednesday following consultations Michelle Bachelet (Photo AFP) Villa Grimaldi interrogation and tor-
the weekend. with the heads of regional groups at geopolitical context,” to stay “might ture center in Santiago. “I was mainly
But while winds eased in the the United Nations, a UN statement involve bending a knee in supplica- tortured psychologically, and some
morning, they picked up in the af- said. The 193-nation assembly will tion.” During a farewell news confer- beating, but they didn’t ‘grill’ me,”
ternoon as temperatures rose and meet on Friday to vote on the ap- ence last week, Zeid defended his no- Bachelet said in an interview, using
air humidity levels dropped, lead- pointment, which is expected to win holds-barred approach to denouncing prisoners’ slang for electric shocks
ing Prime Minister Antonio Costa approval, diplomats said. abuses and naming countries that fail administered to detainees.
to predict it would rage “during the Bachelet will step into a position to uphold human rights. “I was lucky compared to so many
coming days”. that has drawn much controversy un- “Silence does not earn you any re- others. Many of them died,” said
“We should have no illusions that der Zeid, who decided not to seek a spect,” he said, adding that his advice Bachelet in the 2014 interview, one of
this fire will be put out in the com- second term after losing support from to his successor would be to “be fair the few times that she has discussed
ing hours. The next windows of op- powerful countries. and don’t discriminate against any the ordeal. The pediatrician and so-
portunity that we have (to control the After clashing with the United country” and “just come out swing- cialist who was Chile’s first woman
fire) will be at night, and dawn and States, Russia and China, Zeid decid- ing.” to hold the presidency was in office
early morning,” he told journalists in ed to bow out, telling staff in a mes- With Zeid under fire during his from 2006 to 2010, and then again
Lisbon during a visit to the firefighter sage in December that “in the current tenure, rights groups were con- from 2014 to 2018.
command centre.
The fires have left 32 people in- If the bill does fail, lawmakers must wait a year to resubmit the legislation
jured, one seriously, and forced hun-
dreds from their homes as the flames Argentine abortion campaigners brace for crucial vote
encircled urban areas in the popular Argentine lawmakers geared “We’re doing everything so that totally banned. With the tide seem-
holiday region, while British and up Wednesday for a key vote on le- the initiative passes. We have faith in ingly flowing against legalization,
other tourists were evacuated over galizing abortion amid fiercely po- the street movement,” leading cam- pro-choice groups tried to amend the
the weekend from a luxury hotel in larized campaigns for and against paigner Julia Martino told AFP. bill to reduce from 14 to 12 weeks the
Monchique. One front of the blaze the bill in this traditionally Roman “We believe many senators will period in which it would be permit-
was moving steadily towards the town Catholic country. show their support when the vote ted, but that move failed.
of Silves, which is just 10 kilome- As the Senate prepared for what happens.” What activists can count on,
tres (six miles) inland and there were was expected to be a marathon ses- Currently, abortion is allowed in though, is huge support from citizens.
fears that it could spread towards the sion stretching into the wee hours Argentina in only three cases, simi- Other demonstrations will take
coastal city of Portimao, which is pop- of Thursday, demonstrators on both lar to most of Latin America: rape, place around the world in front of Ar-
ular with British and German tourists. sides of the issue rallied outside Con- a threat to the mother’s life or if the gentine diplomatic missions.
“The sky has been filled with this gress: pro-choice people wearing fetus is disabled. “There are things that come about
sort of black haze and it is ash and green scarves and anti-abortion ones If passed, the bill would legalize at the last moment, like what hap-
soot,” Tony Sanders, a 73-year-old donning baby blue. A partition was abortion during the first 14 weeks pened in the House of Deputies,”
Briton who owns a small bed and set up to keep them separated. of pregnancy and see Argentina join added Martino.
breakfast in the seaside resort of Car- Scores of buses have brought Uruguay and Cuba as the only coun- In mid-June, the lower house vot-
voeiro some 30 kilometres south of people into Buenos Aires from other tries in Latin America to fully de- ed in favor by just 129 to 125 thanks
Monchique, told AFP. parts of Argentina, city hall said. criminalize abortion. It’s also legal in in part to the nonetheless anti-abor-
“You smell this acrid wood in the The bill was passed by Congress’s Mexico City while only in the Central tion President Mauricio Macri’s in-
atmosphere all the time and it sort of lower house in June by the narrowest American trio of El Salvador, Hon- sistence in pushing the bill through
gets you in the back of the throat. The of margins. duras and Nicaragua does it remain parliament.
problem with ash is that some of it In the Senate it is widely expected
can still be alight and it can start a fire to fall short of the votes needed to
anywhere.” pass, with 37 of the 72 senators said
The difficulty in bringing the fires to be ready to say no despite a mas-
under control has raised doubt on the sive social campaign to have it ad-
effectiveness of measures taken by opted.
the Portuguese authorities to avoid a If the bill does fail, lawmakers
repetition of fires that killed at least must wait a year to resubmit the leg-
114 people last year. islation.
Firefighters have criticised the Despite projections and strong op-
lack of coordination, while Costa position from the highly influential
has drawn flak on social media for Catholic Church in the homeland of
remaining on holiday as the flames Pope Francis, campaigners are not
raged. giving up hope.

Page 3 Thursday August 09, 2018
“I’ve been through a lot of pain” Wall Street Indexes
Dying groundskeeper battles chemical giant Monsanto Dow Jones 123.06 + 0.00212
S&P 2857.7 - 0.03%
International Stock Indexes
After being promoted in 2012 to Australia 6268.53 + 0.23%
groundskeeper in a Benicia, Cali- Frankfurt 29.24 - 0.00137
fornia school district, Johnson’s job Italy 21790.3 - 0.29%
came to include spraying Roundup, London 7776.65 + 0.75%
and more often a professional ver- Madrid
sion from Monsanto called Ranger- Paris 44.53 + 0.01274
Pro. Tokyo 22644.31 - 0.08%
The active ingredient in both prod- Toronto 16315.08 + 0.18%
ucts is glyphosate, which has been Latin-American Stock Indexes
at the center of a debate regarding Bogota 1541.73 + 0.89%
whether it poses a cancer risk. Buenos Aires 26674.87 - 3.99%
Monsanto, recently acquired by Lima 20218.14 - 0.03%
Germany-based Bayer in a deal val- Mexico 49894.56 - 0.14%
ued at about $62 billion, has held firm Panama 478.45 - 0.10%
that there’s no link between the weed Santiago 5318.61 - 0.18%
killer and cancer -- especially not the Sao Paulo 79151.7 - 1.49%
kind suffered by Johnson. Venezuela 102104.85 - 1.02%
Johnson’s job included vanquish- Most Active Stocks
ing rodents, weeds or other non-hu- 3D Systems Corp 17.96 + 0.32351
man schoolyard pests in Benicia, a 3M Co 207.14 - 0.00686
small city near San Francisco.
Dewayne Johnson listens during the Monsanto trial (Photo AFP) He underwent training as a “pes- Alcoa 43.7 + 0.04122
Cancer-stricken Dewayne Johnson told he has only a couple more years ticide professional” to safely handle Amex 102.78 + 0.00794
- 0.00123
vowed to fight to his death in a David to live. “It’s very hard,” said John- chemicals used to do the job, accord- B. of America 31.8 + 0.0092
versus Goliath court battle against son, his head shaved but a slight ing to testimony in court. Boeing 347.78 - 0.0085
agrochemical giant Monsanto, whose goatee on his face. “I liked my job a lot,” Johnson tes- Caterpillar 139.71 - 0.01875
weed killer he blames for robbing Photos shared in court showed tified. Chevron 123.88 - 0.01039
him of his future. Johnson with lesions over much of “I took my job very seriously.” Cisco Systems 43.84 + 0.00597
“I will fight until my last breath,” his body. Jurors were told of his open He proudly explained that he Coca Cola 46.15 - 0.00753
Johnson, a 46-year-old former school sores, some even on Johnson’s eyelid learned most of his work skills on the Exxon Mobil 80.73 - 0.00664
groundskeeper, said while testifying causing pain every time he blinked. job, prompting smiles in the court- General Electric 13.05 - 0.00836
at a potentially history-making civil “I’ve been through a lot of pain,” room as he told of doing away with H.P. 24.14 + 0.00625
trial. Johnson testified. “30 skunks; 25 raccoons, and one Home Depot 198.02 + 0.00492
Jurors began deliberating on He told of people staring at him in squirrel.” IBM 146.89 - 8.2E4
Wednesday after a month of hearing public, and of avoiding sunlight due Johnson also killed weeds, and for Intel 49.96 + 0.00523
testimony in a San Francisco, Cali- to his skin being too sensitive. that he was armed with Roundup or Johnson & Johnson 131.17 - 0.00221
fornia state court. Johnson looked strong despite his RangerPro. As per instructions, he di- JPMorgan 117.79 + 0.00204
Despite terminal cancer and bouts ordeal. He walked carefully in and luted the solutions with water before Kraft Heinz Co 60.28 - 0.01696
of chemotherapy, Johnson -- known out of court, politely holding the spraying. McDonalds 158.92 + 0.01846
to friends as “Lee” -- managed to door for others at times and softly ex- He was adamant that had he known Merck & Co 66.69 + 0.00165
smile at times as he told jurors of his changing pleasantries. the chemicals might cause cancer, he Microsoft 109.49 + 0.0056
life and his struggle to hold Monsanto The father of two boys, ages 10 “would never have sprayed” it any- Pfizer 41.41 + 0.01396
accountable. and 13, spoke of enjoying writing where. Procter & Gamble 82.35 - 0.00351
He moved and spoke slowly, ap- and making music before he was Johnson decided to file a lawsuit Travelers Cos 129.21 - 0.00562
pearing older than his years, but his diagnosed with non-Hodgkin’s lym- against Monsanto two years ago, United Tech. 134.71 + 0.00164
voice was strong while testifying phoma in 2014. backed by lawyers from the Miller Verizon 52.7 + 0.00457
during the last week of July. His The incurable cancer affects white Firm, which specializes in these Wal-Mart 90.05 + 0.00312
bearing defied the fact he has been blood cells. kinds of cases. Walt Disney 113.98 - 0.02213
“The Mustang is the best-selling sports coupe in Germany, as well as in the United States”
Ford celebrates 10 millionth Mustang while banking on car’s draw
The Ford Mustang -- an iconic Amer- ers assembled at Ford headquarters. affordable, practical sibling of flashy fore other companies that announced
ican symbol of cool -- reached a ma- As it celebrates the milestone, Ford sports cars intended to appeal to their latest offerings in the fall. It was
jor milestone Wednesday as the 10 is appealing to the sense of nostalgia young professionals, including wom- hyped up in advance and automotive
millionth vehicle rolled off an assem- for the vehicle that exemplified the en. industry journalists were on hand.
bly line at a Detroit-area plant. love of the open road and shares its But the Mustang became an icon Automotive historian Bob Merlis,
Ford marked the occasion for the a name with the horse that still roams almost from the start, in no small part at the time a teenager, witnessed the
car, celebrated in American song and free in the American West. thanks to marketing that would rival World’s Fair launch.
film and recognized the world over as The 10 millionth Mustang was a modern-day iPhone launch. “It was almost like pandemonium.
a quintessentially American cultural painted the same “Wimbledon It debuted in the spring, at the People were so excited about this
export, with a big party and parade White” as the first one to roll off the 1964 New York World’s Fair, far be- car,” Merlis said.
at the Michigan headquarters -- com- assembly line in 1964.
plete with a flyover from World War “I can think of no other American
II-era P-51 Mustang fighter jets that car that captures the love affair with Foreign Exchange
are the car’s namesake. the automobile that Americans have
It is a key moment for Ford, which had,” automotive historian John Heit- EURO USA CAN UK AUS SWISS H.KONG JAP
is banking on the Mustang’s wide mann of the University of Dayton EURO - 1.16 1.52 .90 1.56 1.15 9.10 129.00
appeal to help it grow global mar- told AFP. The Mustang germinated USA .86 - 1.30 .78 1.35 1.00 7.87 111.11
ket share. US sales of the model are an entire subgenre of cars. CAN .66 .77 - .60 1.03 .75 6.00 85.00
declining, but they are accelerat- From a technical standpoint, the UK 1.11 1.29 1.67 - 1.72 1.28 10.10 143.00
ing overseas. original 1965 model was not meant as AUS .64 .74 .97 .58 - .75 5.80 83.00
“The Mustang is the best-selling a muscle car intended to attract those SWISS .87 1.00 1.33 .78 1.33 - 7.90 112.00
sports coupe in Germany, as well as who gravitate to fast wheels. H.KONG .11 .13 .17 .10 .17 .13 - 14.20
in the United States,” Ford CEO Jim It was in fact one of the original JAP .01 .01 .01 .01 .01 .01 .07 -
Hackett boasted in remarks to revel- so-called “pony cars” -- a smaller,

Page 4 Thursday August 09, 2018
16 migrant workers Since December, six yellow cab drivers have committed suicide Economic turmoil
Farm workers protest in Italy New York moves to cap Uber, app-ride vehicles Will US sanctions spark
after migrant crash deaths New York’s city council on Wednes- limit the number of app-based rides turmoil in Iran?
and to impose pay rules for drivers.
day dealt a blow to Uber and other
Hundreds of mostly African farm la- car-for-hire companies, passing a bill A recent TLC-commissioned study If the US was hoping renewed sanc-
bourers downed tools Wednesday and to cap the number of vehicles they recommended a guaranteed income tions on Iran would cause immediate
marched from fields in southern Italy operate and impose minimum pay of $17.22 an hour for drivers -- $15 -- economic turmoil and mass anti-
chanting “we are not slaves”, protest- standards on drivers. plus a supplement to mitigate against government protests, it may be disap-
ing at conditions for tomato pickers The city of 8.5 million is the big- rest time. pointed, though real pain could still
after 16 migrant workers died in two gest app-ride market in the United New York Mayor Bill de Blasio, a be on the horizon.
road crashes. States, where public transport woes progressive Democrat, vowed to sign US President Donald Trump de-
The near-identical accidents within and astronomical parking costs have the bill into law, proclaiming that it scribed the embargoes that returned
48 hours of each other highlighted the helped fuel years of untamed growth would “stop the influx of cars con- on Tuesday as “the most biting sanc-
plight of farm workers around the the by the likes of Lyft, Uber and Via. tributing to the congestion grinding tions ever imposed”.
city of Foggia in the Puglia region, But that growth has brought New our streets to a halt.” That was already an exaggeration
where thousands of foreign labourers York’s iconic yellow cabs to their “More than 100,000 workers and since they only reimposed measures
spend the summer season harvesting knees. Since December, six yellow their families will see an immediate that were in place before the 2015
tomatoes, often at the mercy of re- cab drivers have committed suicide. benefit from this legislation,” de Bla- nuclear deal which he abandoned in
cruiters sometimes linked to organ- Those deaths have been linked, at sio said. May. His national security advisor,
ised crime. least in part, to desperation over Around 80,000 drivers work for at John Bolton, said Iran’s leaders were
Striking demonstrators, many plummeting income. least one of the big four app-based already “on very shaky ground” after
wearing red caps, waving flags or The bill stipulates a 12-month cap companies in New York, compared days of protests across the country
carrying tomatoes, walked for three on all new for-hire-vehicle licenses, to 13,500 yellow cab drivers, accord- against high prices and the lack of
hours in the baking sun from the unless they are wheelchair accessi- ing to the recent TLC-commissioned political reform.
countryside towards Foggia, shout- ble, as well as minimum pay require- study. But while there is plenty of despair
ing: “We are not slaves, no to exploi- ments for app drivers -- regulated by The increased competition has in Iran over the state of the economy,
tation.” the Taxi and Limousine Commission slashed the value of yellow cab taxi and fear for the future, the return of
“You know how much Italian to- (TLC). It makes New York the first licenses, from more than $1 million in sanctions were marked by relative
matoes cost? The price of African major city in the United States to 2014 to and less than $200,000 today. calm. A large-scale security deploy-
blood,” said 41-year-old Kogyate ment and mobile internet blackouts
Diakine, from Ivory Coast, who has Tesla did not immediately respond to a request for comment certainly played a role, and getting a
lived in Italy for more than a decade. clear picture of the situation outside
Italy’s government has scrambled Tesla board to weigh go-private as Musk faces questions Tehran is almost impossible due to
to respond to the outcry over the Tesla’s board of directors said in a series of responses to questions heavy reporting restrictions.
deaths, with hardline Interior Minis- Wednesday it will evaluate possibly on the social network, before the But the chatter on social media in-
ter Matteo Salvini declaring war on taking the electric car maker private company finally released a letter to dicated at least a lull in the protests,
the “mafia” in and around Foggia and as US securities regulators report- employees with more details on the while analysts said the idea that eco-
promising to eradicate it “street by edly questioned chief executive Elon rationale. nomic pain could lead to a full-blown
street, town by town”, during a visit Musk’s unorthodox announcement of Going private would liberate the revolution was far-fetched.
to the region on Tuesday. the proposal. company from the quarterly report- “Western observers are often quick
Both the road crashes in the region A statement from the Tesla board ing cycle, allowing it to be “free from to erroneously assume that localised
happened when lorries transporting said directors had met “several times” as much distraction and short-term demonstrations... are wholesale re-
tomatoes slammed into vans carrying to discuss the idea after Musk raised thinking as possible,” Musk said in a jections of the Islamic republic,” said
foreign farm workers returning from going private as a better solution for blog post. Henry Rome of the Eurasia Group in
their day’s work. the automaker’s long-term growth. But legal experts and equity ana- a briefing note.
An accident on Saturday left four The board “is taking the appropri- lysts said the announcement raised “Despite a rise in public protests,
African farm workers dead and four ate next steps to evaluate this,” the more questions about Musk, who has the regime does not yet face an exis-
others seriously injured, while an- statement added. had prickly relations with Wall Street tential threat. The security forces are
other on Monday killed 12 people, all Musk jolted markets Tuesday by and has been involved in a number of brutal, efficient, and loyal.”
non-EU citizens. announcing the proposal on Twit- controversies in recent months. Moreover, there was actually some
The Foggia province hosts thou- ter and saying he could finance the Regulators are likely to scrutinize good economic news this week for
sands of Africans who spend the buyout at a large premium to current Musk’s statement that funding for the once, with the rial gaining more than
summer harvesting season picking valuation, at a price of $420 a share. deal was “secured,” a factual state- 20 percent since Sunday in response
tomatoes in blazing temperatures The Wall Street Journal, citing ment that could be problematic if it is to new foreign exchange policies an-
alongside workers from eastern Eu- unnamed sources, reported Wednes- not true, said John Coffee, a Colum- nounced by the government.
rope, typically Romanians, Bulgari- day afternoon that the US Securities bia Law School professor and expert That points to the fact that Iran’s
ans and Poles. Although most of those and Exchange Commission inquired on securities law. problems are driven at least as much
working in the fields in Italy have whether Musk’s statements were fac- “It’s very implausible” that fund- by internal dynamics as US pressure.
regular papers, they rarely receive the tual and why the disclosure was made ing has been secured “because you’re Trump’s aggressive rhetoric cer-
benefits and salaries required by law, on Twitter rather than in a regulatory talking about an offer of maybe $73 tainly helped fuel the run on the rial,
and many live in squalid conditions. filing. billion,” Coffee said. which has lost half its value since
They are often beholden to the re- Companies can come under scru- Musk “can’t go much longer with- April. But it also resulted from Iran’s
cruiters, who operate as intermediar- tiny for misleading statements, but out discussing what the funding was, disastrous decision that month to fix
ies and collect a portion of the work- the agency in 2013 said firms may or qualifying or amending his state- the value of the rial and shut down
ers’ pay. use social media “to announce key ment,” said Coffee said, adding that currency traders, triggering a boom in
“I work eight to 10 hours per day information ... so long as investors Musk could be exposed to deep lia- the black market -- moves that have
for 30 euros (£35), with only 30 min- have been alerted about which social bility from investors who lost money finally been reversed.
utes break at midday, and I still have media will be used to disseminate because of his announcement. “The government was late in its
to pay five euros for transport,” said such information.” Meanwhile, equity analysts gener- decision-making, but it is the right
one 22-year-old Malian worker. The SEC declined comment. Tesla ally reacted skeptically to the idea of move,” said Mohammad Reza Na-
His pay was around average of did not immediately respond to a re- taking the automaker private. Cowen jafi Manesh, head of the business
those interviewed by AFP, despite be- quest for comment. said the proposal raised many ques- commission of the Tehran cham-
ing below the minimum wage of 48 Tesla shares, which surged 11 tions, such as how the company will ber of commerce.
euros in agriculture for a working day percent Tuesday on Musk’s state- raise needed capital to execute its He said sanctions were secondary
of up to seven hours. ments, dropped 2.4 percent to close manufacturing ramp-up. to dealing with Iran’s internal prob-
For years, unions and associations at $370.34 on Wednesday. “It is obvious to see how such a lems, and his chamber was in meet-
that help migrant workers have called Many companies avoid releasing transaction would benefit a CEO who ings with the government on Wednes-
for a public transport system to be market-moving news during trading has been very distracted by social day pushing for additional support
created around Foggia for the peak hours, but Musk floated the idea in an media and is focused on ‘burning such as subsidised imports of raw
harvest season. afternoon tweet and then elaborated shorts,’” Cowen said. materials.

Page 5 Thursday August 09, 2018
“I’m pretty comfortable with it -- it’s good to have shot clock in the tournaments prior to the US Open” Golf
Djokovic happy to beat Polansky and the clock in Toronto Tiger could play and vice-
captain at Ryder Cup
Novak Djokovic sent Peter Polan- US Ryder Cup captain Jim Furyk
sky of Canada to a 6-3, 6-4 defeat on says Tiger Woods could play and
Wednesday as the four-time champi- serve as a vice-captain for the Ameri-
on powered into the third round at the cans if needed at next month’s team
Toronto Masters before insisting he’s showdown against Europe in France.
“comfortable” with the controversial Woods, a 14-time major winner,
‘shot clock’ innovation. must win this week’s PGA Cham-
The match was played under pionship to qualify on points. But
threatening grey skies which eventu- Furyk makes four captain’s picks
ally dumped heavy rain on the courts next month to complete the lineup
just after Djokovic wrapped up his and held out hope of double duty for
win. Woods, who has battled back this
In a match which began slightly year from spinal fusion surgery.
late due to heavy overnight rain “It’s possible he could do both,”
which continued into the morning, Furyk said Wednesday. “Is it best
ninth-seeded Wimbledon cham- for the team? That’s what we have to
pion Djokovic repeated a victory he consider.
scored over the Canadian at the same “He’s a big help in either role. If
tournament in 2009. he’s on the team, he has always been
Djokovic said he was having no a leader. As a player he plays both
problems with the shot clock despite roles as well.”
being a player who regularly picks up Novak Djokovic of Serbia reacts after defeating Peter Polansky of Canada (Photo AFP) This week’s final major tourna-
violations for the length of time he Djokovic, 31, took 84 minutes on summer with the US Open just over ment of the year at Bellerive Country
takes between points. Wednesday to advance with seven a fortnight away, or rising Greek Club is the last US team qualifying
“I actually feel like there is more aces and two breaks of serve while youngster Stefanos Tsitsipas. event.
time now than before because the never facing a break point against Leading seeds who enjoyed first- Woods, 42, has not won a major
shot clock starts counting down once Toronto-based wild card Polansky, round byes swing into action later since the 2008 US Open and not won
the chair umpire calls the score,” the world number 121. Wednesday with number one Rafael any event since 2013, having missed
Djokovic said. The 13-time Grand Slam title win- Nadal starting against Frenchman most of the past two years with back
“Sometimes it takes several sec- ner has now won 21 of his last 24 Benoit Paire with second seed and de- injuries.
onds before the chair umpire calls the matches after a rollercoaster start to fending champion Alexander Zverev The former world number one was
score if it’s a long exchange or a good 2018 which saw him go 6-6. facing American qualifier Bradley only weeks into his latest comeback
point and the crowd gets involved. Djokovic, the winner of 30 career Klahn. Meanwhile, third seed Juan in January when he brought up the
“I’m pretty comfortable with it Masters titles. will next face either Martin del Potro was forced to with- subject of playing with Furyk, who
-- it’s good to have shot clock in the seventh seed Dominic Thiem, who draw prior to his opening match due wanted him early on as a vice-cap-
tournaments prior to the US Open.” has yet to step on to a hard court this to a left wrist injury. tain.
“At the time it took me off guard.
Soccer Scandal NBA He hadn’t played in so long,” Furyk
Real Madrid end US tour US gymnastics scandal Christmas cracker as LeBron said.
“He knew then that he was on the
with 2-1 win over Roma prompts new ethics body and Lakers visit Warriors mend, that he was starting to feel bet-
ter. He had a plan in place for this
Gareth Bale is serving notice that he World gymnastics chiefs on Wednes- LeBron James and his new Los An- year and really felt like he could com-
is ready to shine without Cristiano day announced a sweeping set of geles Lakers teammates will visit pete. That was probably a sign that I
Ronaldo, factoring in both goals as measures, including the creation of defending champion Golden State should have picked up a lot quicker
Real Madrid wrapped up their US an independent investigative body, on Christmas in a 2018-19 NBA on.”
tour with a 2-1 win over Roma on following the Larry Nassar sex abuse campaign that opens October 16, the Woods shared second at the US
Tuesday. scandal in the United States. league announced Wednesday. PGA Valspar Championship in
Bale and Marco Asensio scored for The international gymnastics fed- James has faced the Warriors in the March, fired his best final round in
Real Madrid who put on a strong per- eration (FIG) said it had undertaken a NBA Finals the past four years as a five years in sharing fourth at the
formance especially in the first half review “of its policies and rules, and member of the Cleveland Cavaliers, National in June and led the British
of the International Champions Cup strengthened its legal tools to better winning the 2016 crown. But the Open on Sunday before sharing sixth
friendly at MetLife Stadium in New prevent any new cases and to assist four-time NBA Most Valuable Player last month at Carnoustie.
Jersey. Real Madrid is hoping Bale is the victims”. The creation of a Gym- left the Cavs and signed last month “By March I saw that his game was
ready to fully evolve into the player nastics Ethics Foundation will be put with the Lakers. in a lot better shape and his health
they signed for a world record fee in to a vote of the body’s national mem- The NBA announced dates for sev- was in a lot better shape,” Furyk said.
2013. ber federations at the next congress, eral high-profile games ahead of re- “So he has been challenging this year
The 33-year-old Ronaldo ended a to be held in Baku in December. leasing the full schedule for its 73rd and moving up that points list, which
nine-year spell at Real Madrid by re- This body will be made up of a season on Friday. has been fun to watch.”
cently signing with Italian champions safeguarding section, including a The league will stage its earliest Furyk wants to confirm his first
Juventus. “We’re scoring goals and helpdesk for reporting any case of ha- opening to a season since the 1980-81 eight players Monday before think-
we’re winning matches, so we’re do- rassment or abuse, a disciplinary sec- campaign began on October 10. ing about captain’s picks, but he has
ing well,” Bale said. “We have to keep tion and a compliance section. The Philadelphia 76ers will visit already pondered a place for 51st-
improving and we’re really looking “The FIG has a long and rich histo- the Boston Celtics and the Oklahoma ranked Woods.
forward to starting the new season.” ry of which the gymnastics family is City Thunder will visit the Warriors
Asensio, with his third goal of the rightly proud. There can be no pride, on October 16 to tip-off the season.
preseason, opened the scoring just though, without the highest respect Golden State players will receive
two minutes into the contest. Bale de- for the principles of good governance championship rings and unfurl their
livered a brilliant pass to the foot of and ethical compliance,” said FIG latest title banner before the contest.
Asensio and he found the back of the president Morinari Watanabe. On October 20, James will play
net. Real Madrid struck again in the “Our aim is to become a role model his first home game with the Lak-
15th minute as Bale would score this for good governance and compliance ers when Harden and the Rockets
time, taking an equally superb pass in the world of sport. Such a struc- visit while Washington will entertain
from Dani Carvajal. Bale walked in ture will allow us to better protect the Toronto. The next night will see the
and beat goalkeeper Robin Olsen to athletes as well as the federations of Rockets stay in Los Angeles to face
make it 2-0. each country.” the host Clippers. Tiger Woods (Photo AFP)

Page 6 Thursday August 09, 2018

The aim of the game is to fill a 9x9 grid (81 squares) that is subdivided into 3x3 “sub-squares, with each of the numbers one through nine, besides
the ones that are already filled with numbers.
The rule is that each number appear only once per row, once per column, and only once per sub-square. It is rather easy to solve, in fact no math-
ematical knowledge is required. The solutions are indicated below.
Have fun!

Beginners Advanced
4 2 6 3 1 3 6 9

9 8 7 4 2 3 1 1 5 7

5 7 4 7 4

6 1 7 4 8 5 6 7 2 9

8 9 4 3
1 2 3 4 5 6
4 7 9 8 2 6 8 4 7 9 9
10 11
7 5 2 4 12 13 14 5
15 16 17 18
8 3 5 9 7 6 2 2 19 20 21 8 22 23 4

24 25 26 27 28
1 6 3 7 5 29 1 6 30 3
31 32
Crossword 33 34
1 2 3 4 5 6
7 8 9
1 Disconnected 2 Loose parts
4 Speechless 3 Tauter
10 11 7 Palter 5 Overturn
9 Toward 6 Belief
10 Pennsylvaniaʼs capital 8 Tv show
12 13 14
12 Revolutions per minute 9 Test
13 __evated railroad 10 Short for hour
15 16 17 18 14 Women's magazine 11 Smirch
15 Fasten 16 Baton
19 20 21 22 23 17 Cap 18 Yearning
20 Ewe's mate 19 Peon
22 End 21 Star Trek Dr.
24 25 26 27 28
24 Toronto locale 23 Black and white animal
26 North Carolina (abbr.) 25 Negative
29 30 27 Snooze 28 Post script
29 Ecological orders of eating (2 wds.) 30 Scottish “one”
31 Movie alien
31 32
32 Cease
33 Eye infection
33 34 34 Young lady
Fold Fold
ACROSS 2 6 4 7 9 5 1 3 8 DOWN 8 5 3 1 2 7 E N D O E T (52)8183105037
[email protected]
1 Disconnected 7 4 9 6 1 3 8 2 5 2 Loose parts 8 9 4 T I P R A M G [email protected]
Information Source:
4 Speechless 3 5 8 4 7 2 9 1 6 3 Tauter 2 1 7 6 3 Y M E L R P M Agence France-Presse (AFP)
Printed and distributed locally in each hotel.
All rights reserved.
7 Palter 1 3 6 2 4 7 5 8 9 9 5 Overturn 5 2 8 1 T O P L I E Reproduction in whole or in part by any printed
or electronic without permission of the publisher.
9 Toward 8 9 5 1 3 6 2 7 4 6 Belief 9 6 3 4 5 D D U M B O F F
10 Pennsylvaniaʼs capital 8 Tv show Solution:
12 Revolutions per minute 9 Test
13 __evated railroad 10 Short for hour
14 Women's magazine 11 Smirch
15 Fasten 16 Baton
17 Cap 18 Yearning
20 Ewe's mate 19 Peon
22 End 21 Star Trek Dr.
24 Toronto locale 23 Black and white animal
26 North Carolina (abbr.) 25 Negative
27 Snooze 28 Post script
29 Ecological orders of eating (2 wds.) 30 Scottish “one”
31 Movie alien
32 Cease
33 Eye infection
34 Young lady


SPA RESERVATIONS EXTENSION 5600 Open Daily 7:00 am – 7:00 pm
Customized Anti-Oxidant Facial
A visit to the Spa at Hacienda Beach Club and
Residences is a journey into a world of sensation,
beauty and balance. The Spa’s serene desert The skin purifying effect of sun-dried white and
garden environment creates an atmosphere of green clays combine with the rejuvenating
luxury with a sense of place and invites guests to properties of organic Rose and Pomegranate to
relax while restoring a connection with the natural create the harmonizing effect of this treatment. The
rhythms of life. Poised amid the historic organic facial scrub with jojoba beads will deeply
architecture and traditional decor of Hacienda, cleanse and purify skin, while organic Oils and
and the vibrant colors and textures of Cabo San extracts will smooth fine lines, firm, and renew
Lucas, the Spa offers a peaceful haven for physical, elasticity of the skin. Organic Pomegranate Seed oil contains powerful
mental, and emotional renewal. antioxidants which fight free radical damage and organic Green and White Tea,
along with Rose, aloe vera extract and Licorice Extract will restore youthful
elasticity and hydrate skin with lasting moisture, leaving your skin feeling
Fitness Class Schedule youthful, fresh and radiant. Align your mind and body with the power of cool
Fitness Center 6 am – 9 pm daily basalt stones, which assist with the absorption and activation of the nourishing
Each of our cardio stations is equipped with a
television. We supply headphones, towels and bottled products.
water for your visit. Maintain your fitness regimen or start 80 min $185 USD + TAX
a new one with guidance from our personal trainers!

Monday, August 06 Hacienda Spa Cafe
Yoga: 8:00 am – 9:00 am
Glutes, Abs & legs: 9:30- 10:30 am The Hacienda Spa Café is available daily
serving a selection of healthy snack foods,
Tuesday, August 07 beverages and freshly-made smoothies. Let
Reformer Pilates: 10:30 am – 11:30 am the Café create a smoothie to your taste or
choose from our Smoothie menu. The Café
Wednesday, August 08 offers Wi-Fi service. Boost Your Energy, enjoy
Boot Camp Training: 8:00 am- 9:00 am our delicious Power Peanut Protein Shake!
Yoga: 10:00 am- 11:00 am
Adjacent to the Spa Café you can practice and improve your golf game on the
Thursday, August 09 putting green. Putters and golf balls are available at the Spa Café.
Mat Pilates: 10:30 am – 11:30 am
Open Daily 7:00 am – 3:00 pm
Friday, August 10
Functional Training: 8:00 am – 9:00 am
Reformer Pilates: 11:00 am - 12:00 pm Hacienda Spa Boutique

Saturday, August 11 Luxurious beach clothing , sunglasses, jewelry,
Yoga: 10:00 am- 11:00 am hats and bags, sunscreen, sundries,
aromatherapy products and gifts are available
Sunday, August 12 at our boutique.
Boot Camp Training: 08:00 am- 09:00 am
Spinning: 9:30 am – 10:30 am

Private classes
Hacienda Spa offers personal training classes
upon request.

Hacienda Spa & Fitness Center

Group Fitness Class Schedule
August 6 to August 19

Monday, August 6 Monday, August 13

Yoga: 8:00 am – 9:00 am Yoga: 8:00 am – 9:00 am

Glutes, Abs & Legs: 9:30- 10:30 am Glutes, Abs & Legs: 9:30- 10:30 am

Tuesday, August 7 Tuesday, August 14
Reformer Pilates: 10:30 am – 11:30 am Reformer Pilates: 10:30 am – 11:30 am

Wednesday, August 8 Wednesday, August 15

Boot Camp Training: 8:00 am- 9:00 am Boot Camp Training: 8:00 am- 9:00 am
Yoga: 10:00 am- 11:00 am

Thursday, August 9 Thursday, August 16

Mat Pilates: 10:30 am – 11:30 am Mat Pilates: 10:30 am – 11:30 am

Friday, August 10 Friday, August 17

Functional Training: 8:00 am – 9:00 am Functional Training: 8:00 am – 9:00 am

Reformer Pilates: 11:00 am - 12:00 pm Reformer Pilates: 11:00 am - 12:00 pm

Saturday, August 11 Saturday, August 18

Yoga: 10:00 am – 11:00 am Yoga: 10:00 am – 11:00 am

Sunday, August 12 Sunday, August 19

Boot Camp Training: 8:00 am –9:00 am Boot Camp Training: 8:00 am –9:00 am

Spinning: 9:30 am – 10:30 am Spinning: 9:30 am – 10:30 am


Hacienda Spa offers personal training classes upon request.

(Fitness classes for ages 16 and up and classes might change without notice) Hacienda Spa Ext. 5600


July 1 , – October 31 , 2018
Preferred Rates USD Cabo Real Campestre San José Puerto Los Cabos
Individual Rounds Public Public Public

18 Holes $180.00 $145.00 $140.00 $115.00 $210.00 $170.00
Twilight 12:30 pm $125.00 $100.00 $100.00 $80.00 $150.00 $120.00
Includes Food & Beverages
Rates per foursome $480.00 $420.00 $580.00
(*No time restriction) Includes Food & Beverages


$260.00 USD $345.00 USD $525.00 USD

• Rounds may be played at any of our three golf courses
• Each pass used at Puerto Los Cabos will incur a $20 USD surcharge due to all- inclusive food and beverage
• Golf pass is personal, non-transferable.
• Golf Pass is valid for 14 days, once initial round is played

All rates and promos are valid up to 12 golfers. Group service fee will apply to all groups larger than 12.

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