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Published by it, 2018-11-09 05:04:18

Noviembre 09

Hacienda Digest

November 9th, 2018

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Important news for important people Volume 3360 Friday November 09, 2018
International Business Sports
As make-up artist Kodo Nishimura Google on Thursday outlined changes Sergio Garcia fired a superb eight- Cabo San Lucas
sashays into a room in Tokyo bal- to its handling of sexual misconduct under-par opening-round 64 in the Partly cloudy (day)
anced on pin-thin heels, he could complaints, hoping to calm outrage EPGA Nedbank Golf Challenge Sunrise: 6:28 AM
hardly look less like a practising Bud- that triggered a worldwide walkout Thursday to take a four-shot lead at Sunset: 5:38 PM
dhist monk. Immaculately... P.2 of workers last week... P.3 Sun City with star attraction... P.5 Humidity: 64% 77-83 F

“They are not only dangerous, they are disturbingly un-American” Crackdown on immigration
Trump war on media takes tense turn with CNN reporter banned US to deny asylum to illegal
border crossers
The White House war on the press to the purported offense.” Sanders But the skirmishes have also The United States will no longer al-
took a new turn with the banning of said Thursday the White House stood created an unusual kind of politi- low people who enter the country il-
a CNN reporter, marking a tense new by its decision: “The question is: did cal theater that has boosted ratings legally to claim asylum, officials said
phase in the long-running battle be- the reporter make contact or not? The of cable news channels and given Thursday, unveiling a controversial
tween President Donald Trump and video is clear, he did.” Trump ammunition to rally his sup- new crackdown on immigration.
his chief media antagonist. Jeff Mason, a Reuters journalist porters. The restriction on asylum claims
The ban on CNN’s Jim Acosta and former president of the associa- Trump has skipped the traditional will seek to address what a senior
came after a heated exchange at tion, said on Twitter: “I was seated presidential appearance at the White administration official called the
a White House news conference next to @Acosta at today’s press House Correspondents Association “historically unparalleled abuse of
Wednesday where Trump called the conference and did not witness him dinner the past two years, and media our immigration system” along the
TV reporter a “rude, terrible person” ‘placing his hands’ on the young in- organizations have been hard-pressed border with Mexico. The new rule
and an “enemy of the people.” tern, as the White House alleges.” to respond to the attacks. was published by the Department of
White House press secretary Sarah The video was first shared by a Craig Aaron of the activist group Homeland Security and is expected
Sanders announced the decision to contributor to the Infowars website Free Press called Trump’s actions “a to get President Donald Trump’s sig-
revoke Acosta’s pass hours after the know for promoting conspiracy theo- direct and dangerous attack on the nature shortly -- as well as face court
event, claiming it was because Acos- ries, reports said. public’s rights to hold their leaders challenges.
ta was inappropriately “placing his CNN said “this president’s ongo- accountable” and called for “a unified The American Civil Liberties
hands” on a woman who was taking ing attacks on the press have gone too stand” by the press corps. Union said that the right to request
back a microphone. far,” in a statement. “If that takes a walkout, a boy- asylum must be granted to anyone
She tweeted a video purportedly “They are not only dangerous, they cott or turning off the cameras when entering the country, regardless of
backing up that claim. But analysts are disturbingly un-American.” the president is at the podium, they where they were.
and other journalists pointed out the The White House sought to brush should do it,” Aaron said. “US law specifically allows indi-
video had been manipulated, sped up aside suggestions it is stifling a free Media analysts said a concerted ac- viduals to apply for asylum whether
to make it appear he was striking the press. tion by the press was unlikely. or not they are at a port of entry. It is
female aide. “Contrary to CNN’s assertions “White House press corps is a illegal to circumvent that by agency
“I think we have crossed a new there is no greater demonstration beast without a brain,” tweeted New or presidential decree,” the ACLU
line, because the reason for taking of the President’s support for a free York University professor Jay Rosen. said.
away Acosta’s credentials is a lie,” press than the event he held today,” “It cannot make decisions. Only But according to the new rule,
said Dan Kennedy, a Northeastern Sanders tweeted. “Only they would individual news organizations, each a Trump has authority to restrict illegal
University journalism professor. attack the President for not support- part of the corps, can do that.” immigration “if he determines it to be
“It’s a lie that anyone who has seen ing a free press in the midst of him Ken Paulson, president of the in the national interest.”
the video can see for themselves. taking 68 questions from 35 different Newseum’s First Amendment Center Trump’s administration argues that
We’ve crossed into a new territory -- reporters.” and dean of media studies at Middle he has the executive power to curb
not only is the White House going to The incident is the latest in a series Tennessee State University, said immigration in the name of national
lie but it’s going to be obvious, and of clashes between the president and CNN and other news organizations security, a power he invoked right af-
they expected people loyal to them to mainstream media outlets, follow- should hang tough. ter taking office with a controversial
believe it.” ing a spate of comments from Trump “The core principle of a free press ban on travelers from several mostly-
The White House Correspondents’ calling unfavorable coverage “fake is that the government can’t be al- Muslim countries -- whose final ver-
Association said it “strongly objects” news” and threatening to revoke cre- lowed to decide who keeps an eye on sion was upheld by the US Supreme
to the action, calling it “out of line dentials at some organizations. it,” Paulson said. Court on June 26 after a protracted
legal battle.
“Today’s rule applies this impor-
“They postponed it because they weren’t ready” tant principle to aliens who violate
‘Not ready’ North Korea delayed talks with US: Haley such a suspension or restriction re-
North Korea postponed a planned “North Korea said they needed to for a second summit between Presi- garding the southern border,” Secre-
meeting with US Secretary of State postpone it,” Haley told reporters at dent Donald Trump and leader Kim tary of Homeland Security Kirstjen
Mike Pompeo this week “because UN headquarters, adding: “I don’t Jong Un. Nielsen and acting attorney general
they weren’t ready,” US Ambassador think there was some sort of major Haley said she expected the talks Matthew Whitaker said.
Nikki Haley said Thursday. issue.” to be rescheduled and that plans for Those seeking political or other
Pompeo had been scheduled to “They postponed it because they the second summit were on track. kinds of asylum -- nearly all of them
meet with top North Korean official weren’t ready.” Trump and Kim held a historic coming from impoverished and
Kim Yong Chol in New York on The sudden postponement came summit in June in Singapore -- the violent crime-plagued countries of
Thursday to push for progress on de- only two days after the US State De- first ever between the two countries -- Central America -- will be heard ex-
nuclearization of the Korean penin- partment announced the talks in New where they signed a vaguely worded clusively at the border crossings, ad-
sula, but the meeting was cancelled. York that were also to agree on plans deal on denuclearization. ministration officials told journalists.

Page 2 Friday November 09, 2018
Right-wing parties “This is who I am,” he said. “I am not going to try to be something else”
Europe’s political right picks Buddha and bronzer: The Japanese monk who loves make-up
Weber to lead election fight
Europe’s main right-wing parties As make-up artist Kodo Nishimura Land sect. It involved five sessions,
Thursday chose German MEP Man- sashays into a room in Tokyo bal- each several weeks long, spread over
fred Weber to lead them into next anced on pin-thin heels, he could a period of around two years. Home-
year’s European election campaign -- hardly look less like a practising Bud- sick for Japan, he was excited at first,
perhaps giving him a shot at the EU’s dhist monk. but his enthusiasm quickly faded.
most powerful post. Weber -- an ally Immaculately made-up, sporting “The moment the doors shut, the
of German Chancellor Angela Merkel smoky eyeshadow, false lashes and trainers started screaming,” he said.
-- won the backing of 79.2 percent of winged eyeliner, he changes outfits “I was like ‘oh my God, what did I
delegates of the European People’s three times during a presentation to sign up for’?” But he persevered, re-
Party (EPP) meeting in Helsinki, eas- starry-eyed fans. turning to the United States between
ily beating former Finnish premier But at the Tokyo temple where his courses, only to have a crisis of con-
Alexander Stubb’s 20 percent. father is head monk and he assists in fidence near the end. In New York, he
If the EPP retains its position as the rituals, he appears transformed. His wore make-up and jewellery, worked
largest group in the European Parlia- face is bare, and he wears the plain as a make-up artist and was open
ment after the May election, Weber robes of a Buddhist cleric. about his attraction to men. Would all
will be in a strong position to bid to It might seem like an unusual that “offend the community of Bud-
take over from Jean-Claude Juncker double act, but that doesn’t bother dhist monks?” he wondered.
as head of the European Commission, 29-year-old Nishimura. “Is it going to degrade the value of
the bloc’s executive arm. “This is who I am,” he said. “I am other monks?”
But some polls are predicting the not going to try to be something else.” But a senior monk brushed aside
EPP could lose its crown under pres- Nishimura is primarily a make- his concerns, pointing out that Japa-
sure from populists on both left and up artist, beautifying clients ranging Kodo Nishimura (Photo AFP) nese monks often wear non-religious
right, or the leaders of EU member from popstars to pageant contestants. purchase: mascara and eyeliner. An clothing outside the temple and have
states -- who will have the final say He spends most of the year in the internship with a make-up artist led second jobs. And he was uninterested
-- might decide not to appoint a party United States, where he first openly to a job. Back home, his parents sur- in his sexuality.
candidate at all. Nevertheless, the indulged a passion for make-up that prised him by being supportive of his “That was like a liberation for me,”
candidacy is a key prize in the horse- he kept secret as a child in Japan, hid- career choice. Nishimura said. “That’s when I felt:
trading for top jobs that will follow ing in the bathroom to experiment. But he felt that something was ‘now I can be myself and be a monk
EU elections on May 26 next year. “I would open my mum’s Chanel missing. He had grown up in a Bud- as well.’” He acknowledges that his
Also in the mix are plum spots to eyeshadow palette and I would try to dhist temple, playing behind its elab- work as a make-up artist, with its
lead the European Council -- which put it on my face. But I looked crazy, orate golden altar and knew one day focus on outward appearance, might
represents national governments I looked like a clown,” he laughs. he would have to decide whether to seem at odds with a religion that pri-
-- the European Parliament, the Eu- Studying in the US, he found follow in his father’s footsteps. oritises the inner self.
ropean Central Bank and the bloc’s things were different. He discovered “I wanted to know the occupation, “I think in Buddhism the core mes-
foreign policy. drag queens working at make-up what we do, enough to make the deci- sage is to feel happiness, feel bal-
Little known in Germany, Weber stores who were happy to answer his sion.” So at 24, he enrolled in a train- anced within our hearts and to share
has a veteran insider’s knowledge of questions. At 18, he made his first ing programme in his Buddhist Pure the happiness,” he said.
EU institutions but little experience
in government in his homeland. The FPOe counted former Nazis among its founders when it was set up after the war
The 46-year-old former business-
man was in the Bavarian state parlia- President warns against extremism as Austria remembers Nazi pogrom
ment from a young age before head- Austrian President Alexander Van der right People’s Party (OeVP) and the Two survivors who had travelled
ing to Europe without ever holding Bellen warned against “the politics of far-right Freedom Party (FPOe). from Israel were invited to share their
national responsibility. scapegoating” Thursday as his coun- The FPOe counted former Nazis testimony.
He is a discreet figure, working try marked the 80th anniversary of among its founders when it was set “I was 10 years old in 1938, in
quietly to build networks of influence the Nazis’ anti-Semitic Kristallnacht up after the war. November, and I can remember how
in Brussels and Strasbourg. pogrom. Recently it has vigorously con- businesses were vandalised, their
In his final speech before Thurs- “We must see history as an ex- demned racism, including anti-Sem- windows smashed, how synagogues
day’s vote, he took a swipe at critics ample of where the politics of scape- itism, but at the same time has been were burned, and people were not
who have accused him of pandering goating, incitement, and exclusion embroiled in a number of embarrass- only beaten but also killed,” said
to anti-immigrant and far-right par- can lead,” Van der Bellen said at a ing controversies over the activities 90-year-old Amnon Klein.
ties with some of his past comments commemorative event at the former of some of its members. Parliament president Wolfgang So-
on the Islamic headscarf and Euro- site of the Leopoldstadt synagogue, The event at the site of the former botka of the OeVP also spoke at the
pean identity. which was Vienna’s biggest until it Leopoldstadt synagogue also saw the event but was booed by some in the
Speaking fondly of his home vil- was destroyed in two days of anti- inauguration of a light installation, crowd protesting against the presence
lage in Bavaria, in Germany’s conser- Jewish violence on November 8 and one of 25 across the city as part of of the FPOe in government.
vative Roman Catholic south, Weber 9, 1938. a project to mark locations of syna- Across the whole of Nazi Germany
said Christianity was the “one thing In Austria, the pogrom lead to the gogues destroyed during the pogrom. -- to which Austria had been annexed
in common” across Europe. deaths of least 30 Jews, the imprison- Also on Thursday evening, Vien- earlier in 1938 -- the official death
“When I use this picture I am heav- ment of 7,800 more and the deporta- na’s Jewish community led a march toll from the pogrom was put at 91,
ily attacked in social media... when tion of 4,000 to the Dachau concen- entitled “Light of Hope” to mark the although historians think the toll was
I recall the Christian heritage of this tration camp. anniversary. much higher.
continent, that this sounds so old- While history never repeats itself
fashioned, so conservative, so back- exactly, Van der Bellen said, there
ward looking,” he said. were situations and political rhetoric
“I tell you I don’t care. I think it that “pointed to similarities”.
is important to describe the funda- “Let us be vigilant that degrada-
mental values of this continent. We tion, persecution, and the stripping
are proud of this and we will protect away of rights may never again be re-
these values.” On Wednesday, both peated in our country or in Europe,”
Weber and Stubb sought to avoid he insisted.
confrontation in their only campaign The president, a former leader
debate and stayed clear of the most of the Green Party, has on occasion
painful subject of all: the presence of criticised the hardline stance on im-
Hungarian Prime Minister Viktor Or- migration taken by the government
ban in the EPP ranks. formed last year between the centre-

Page 3 Friday November 09, 2018
“Harassment is never acceptable and alcohol is never an excuse” Wall Street Indexes
Google outlines steps to tackle workplace harassment Dow Jones 26191.22 + 0.04%
- 0.53%
S&P 2806.83 - 0.25%
Google on Thursday outlined changes according to Pichai. A section of an events or use ticket systems, Google Australia International Stock Indexes + 0.53%
to its handling of sexual misconduct internal “Investigations Report” will said. Google executives overseeing Frankfurt 11527.32 - 0.45%
complaints, hoping to calm outrage focus on sexual harassment to show events will be expected to strongly Italy 19429.14 - 0.57%
that triggered a worldwide walkout numbers of substantiated concerns discourage excessive drinking, ac- London 7140.68 + 0.33%
of workers last week. as well as trends and disciplinary cording to the company, which Madrid
“We recognize that we have not actions, according to the California- vowed “onerous actions” if problems Paris 5131.45 - 0.13%
always gotten everything right in the based company. He also said Google persisted. Tokyo 22486.92 + 1.82%
past and we are sincerely sorry for is consolidating the complaint system The company also promised to “re- Toronto 15357.47 - 0.08%
that,” chief executive Sundar Pichai and that the process for handling con- commit” to improving workplace di- Latin-American Stock Indexes
said in a message to employees, a cerns will include providing support versity through hiring, retention, and Bogota 1424.96 + 0.12%
copy of which was shared with AFP. people and counselors. career advancement.’ Buenos Aires 30736.41 - 2.13%
“It’s clear we need to make some Google will update its mandatory Thousands of Google employ- Lima 19279.32 + 0.07%
changes.” sexual harassment training, and re- ees joined a coordinated worldwide Mexico 44190.25 - 5.81%
Arbitration of harassment claims quire it annually instead of every two walkout a week ago to protest the Panama 460.03 - 0.13%
will be optional instead of obliga- years as had been the case. US tech giant’s handling of sexual Santiago 5227.57 + 0.12%
tory, according to Pichai, a move that Google is also putting the onus harassment. Sao Paulo 85620.13 - 2.39%
could end anonymous settlements on team leaders to tighten the tap on A massive turnout at the “Google- Venezuela 548.09 + 1.63%
that fail to identify those accused of booze at company events, on or off plex” in Silicon Valley was the final Most Active Stocks
harassment. campus, to curtail the potential for stage of a global walkout that began 3D Systems Corp 13.66 + 0.96%
“Google has never required con- drunken misbehavior. in Asia and spread to Google offices 3M Co 204.07 + 1.38%
fidentiality in the arbitration process “Harassment is never acceptable in Europe. Alcoa 36.38 - 1.22%
and it still may be the best path for a and alcohol is never an excuse,” Some 20,000 Google employees Amex 108.5 + 1.11%
number of reasons (e.g. personal pri- Google said in a released action state- and contractors participated in the AT&T 31.04 - 0.19%
vacy, predictability of process), but, ment. protest in 50 cities around the world, B. of America 28.87 + 1.16%
we recognize that the choice should “But, one of the most common according to organizers. Boeing 370.77 + 0.12%
be up to you,” he said in the memo. factors among the harassment com- Demma Rodriguez, head of equity Caterpillar 131.39 - 2.75%
Pichai promised that Google will plaints made today at Google is that engineering and a seven-year Google Chevron 119.36 - 1.25%
be more transparent with how con- the perpetrator had been drinking.” employee, said during the walkout Cisco Systems 48.44 + 1.13%
cerns are handled, and provide better Google policy already bans exces- that it was an important part of bring- Coca Cola 49.33 - 0.08%
support and care to those who raise sive consumption of alcohol on the ing fairness to the technology colos- Exxon Mobil 81.71 - 1.59%
such issues with the company. job; while on company business, or sus. General Electric 9.1 - 1.09%
Google will provide “more granu- at work-related events. “We have an aspiration to be the H.P. 25.5 + 0.12%
larity,” regarding sexual harassment Some teams at the company have best company in the world,” Rodri- Home Depot 188 + 0.41%
investigations and their outcomes, already instituted two-drink limits at guez said. IBM 123.38 + 0.09%
Intel 48.99 + 0.55%
Eroding gains from the prior day’s post-election relief rally Johnson & Johnson 145.3 + 0.38%
Wall Street treads water after post-election rally JPMorgan 112.38 + 0.81%
Wall Street stocks mostly sagged at about the pace of tightening next Wall Street gained about two per- Kraft Heinz Co 53.31 - 0.45%
+ 0.67%
the start of trading on Thursday, erod- year. About 10 minutes into the cent on Wednesday as investors ab- Merck & Co 75.48 + 0.53%
ing gains from the prior day’s post- day’s trading, the benchmark Dow sorbed the split decision from this Microsoft 111.75 - 0.19%
election relief rally. Jones Industrial Average was flat at week’s elections -- which analysts Pfizer 43.85 - 0.48%
Investors were also awaiting the 26,183.86. say means there is little chance of Procter & Gamble 91.36 + 0.08%
US Federal Reserve’s latest deci- The broader S&P 500 slipped 0.2 major a rollback of business-friendly Travelers Cos 130.99 + 0.54%
sion on monetary policy due out at percent lower to 2,809.51, and the tax cuts and regulations. United Tech. 131.34 + 0.61%
1900 GMT. The central bank is not tech-heavy Nasdaq had given up Attention now returns to economic Verizon 58.27 + 1.08%
expected to raise interest rates but half a percentage point, falling to fundamentals, including higher lend- Wal-Mart 104.88 + 0.54%
markets will be looking for signals 7,533.57. ing rates. Walt Disney 116 - 0.9%
“We granted Iraq a waiver to allow it to continue to pay for its electricity imports from Iran”
Iraq gets US sanctions break to keep the lights on
Iraq has won an exemption allowing “The US gave us 45 days to give Baghdad has a strong relationship canned food and yoghurt to carpets
it to buy Iranian electricity despite them a plan on how we will gradu- with the United States, coordinating and cars.
US sanctions, as the country plagued ally stop using Iranian gas and oil,” on security, politics, and governance. These non-hydrocarbon imports
by chronic power shortages walks a the source said. “We told them it may But its economy is profoundly in- amounted to some $6 billion (five
tightrope between rivals Washington take us up to four years to either be- tertwined with that of Iran. billion euros) in 2017, making Iran
and Tehran. come self-sufficient or find another Gutted by the international em- the second-largest source of imported
With US measures imposed Mon- alternative.” The exemption came bargo of the 1990s and the US-led goods in Iraq.
day taking aim at Iran’s banking and after talks between Iraqi and US of- invasion of 2003, Iraq’s industries Perhaps most consequential for
energy industries, there were con- ficials, including from the White produce little. Instead, its markets are Iraq’s 39 million people is their de-
cerns Iraq -- which heavily relies on House and Treasury, the source said. flooded with Iranian goods -- from pendency on Iran for electricity.
its eastern neighbour for electric- Iraqi government representatives
ity and consumer goods -- would be have shuffled between American and
caught in the crossfire. Iranian officials for months in a bid to Foreign Exchange
But Baghdad has managed to se- insulate their fragile economy from
cure an exception. escalating tensions. EURO USA CAN UK AUS SWISS H.KONG JAP
“We granted Iraq a waiver to allow This week, Prime Minister Adel EURO - 1.14 1.49 .87 1.56 1.15 8.90 130.00
it to continue to pay for its electricity Abdel-Mahdi said Baghdad was in USA .88 - 1.32 .76 1.37 1.00 7.81 113.64
imports from Iran,” Brian Hook, the talks with both sides to protect its in- CAN .67 .76 - .58 1.04 .75 6.00 86.00
State Department’s representative on terests. UK 1.15 1.31 1.72 - 1.79 1.32 10.30 149.00
Iran, announced Wednesday. “Iraq is not a part of the sanctions AUS .64 .73 .96 .56 - .75 5.70 83.00
Iraq would be expected to show regime. It talks to everyone, and does SWISS .87 1.00 1.33 .76 1.33 - 7.80 113.00
the US how it would wean itself off not want to get involved in a conflict H.KONG .11 .13 .17 .10 .18 .13 - 14.50
Iranian gas, a well-informed source that it’s not a part of,” he told report- JAP .01 .01 .01 .01 .01 .01 .07 -
told AFP. ers Tuesday.

Page 4 Friday November 09, 2018
He will help ease the 55-year-old Denholm’s transition Automakers
Tesla names board chair to replace Musk German court orders diesel
Electric car pioneer Tesla on Thurs- ensure a smooth transition during the opened on the Nasdaq to $355.30.
day named an Australian telecoms remainder of Robyn’s time at Telstra, Musk was forced to resign as chair- bans in Cologne, Bonn
executive to chair its board of di- Elon will be a resource to Robyn and man after the US Securities and Ex- A German court Thursday ordered
rectors, after the controversial Elon provide any support that she requests change Commission charged him Cologne and Bonn to join a slew of
Musk was forced by US authorities in her role as chair,” the electric auto- with securities fraud, alleging that cities in banning older diesel vehicles
to step back from the role. maker said. Musk praised Denholm’s he misled investors when he tweeted from their roads to combat air pol-
The appointment of Robyn Den- input in her time on Tesla’s board. on August 7 that he had “funding se- lution, as the government struggled
holm, chief financial officer with Tel- “Robyn has extensive experience cured” to delist Tesla at $420 a share, to reach a deal with automakers on
stra and already a Tesla board mem- in both the tech and auto industries a substantial premium over its share cleaning them up.
ber, is effective immediately but she and she has made significant contri- price at the time. The tweet was one The Cologne administrative court
will serve out her six-month notice butions as a Tesla board member over of a number of issues that raised said the western city must ban the
period with the Australian company, the past four years in helping us be- questions about the billionaire entre- dirtiest diesels from its centre and
Tesla said in a statement. come a profitable company,” he said preneur’s aptness to lead Tesla. other streets from April 2019 to tack-
Musk had to resign as Tesla chair- in the Tesla statement. Days after settling with the SEC, le dangerously high levels of nitrogen
man under a September arrangement “I look forward to working even Musk mocked the agency in another dioxide (NO2) emissions.
with US regulators to settle fraud more closely with Robyn as we con- tweet that labeled the agency the In the smaller city of Bonn the re-
charges stemming from a tweet in tinue accelerating the advent of sus- “Shortseller Enrichment Commis- strictions would apply to two streets.
which he said he planned to take the tainable energy,” Musk added. sion.” That alluded to short sellers, The ruling, which the regional gov-
firm private and already had the fi- Denholm said: “I believe in this investors who have bet that Tesla ernment intends to appeal against, is
nancing to do it. company, I believe in its mission shares will fall and who are frequent- the latest victory for German envi-
Under that settlement, he and Tesla and I look forward to helping Elon ly the subject of Musk’s derision. ronmental group DUH which has
each had to pay a $20 million fine but and the Tesla team achieve sustain- The tycoon was the subject of con- launched a raft of court cases to force
Musk was allowed to stay on as chief able profitability and drive long-term troversy when he smoked a joint dur- local authorities to boost air quality.
executive. shareholder value.” ing a September podcast interview in Major urban areas including Stutt-
He will help ease the 55-year-old Tesla’s share price jumped more California and discussed the end of gart, Frankfurt and the capital Berlin
Denholm’s transition, Tesla said. “To than two percent shortly after trading the universe. have already been slapped with legal
orders to cut emissions, while Ham-
Or it might be read as the consequence of President Donald Trump’s trade confrontations burg decided of its own accord to
expel the worst polluters from some
Fed leaves key US interest rate unchanged, notes slowing investment zones.
The US Federal Reserve kept the Market Committee kept the fed- is “growing strongly.” But markets Faced with mounting public anger,
benchmark lending rate unchanged eral funds rate at 2.0-2.25 percent at will dissect a notable change in the Chancellor Angela Merkel’s govern-
on Thursday, highlighting the contin- the conclusion of a two-day policy FOMC’s language, saying “busi- ment is scrambling to ward off the
ued strong performance of the econ- meeting and noted that inflation was ness fixed investment has moder- unpopular driving bans that promise
omy but also pointing to a slowdown running close to the central bank’s ated from its rapid pace earlier in the to not only cause transport upheaval
in business investment. two percent target. year.” but further hammer the resale value
The central bank repeated that it Economists almost unanimously That could be viewed as an indica- of diesel vehicles.
expected “further gradual increases” expect the fourth rate increase of the tion the Fed could move more cau- Diesel engines have come under
in the key interest rate as the econo- year in December but with a recent tiously, with fewer than the expected intense scrutiny since Volkswagen
my continues to expand but the state- report showing wages finally begin- three rate hikes next year. admitted in 2015 to installing cheat-
ment gave no clear signal on whether ning to rise they are watching for in- Or it might be read as the conse- ing software in millions of cars to
it would have to move more aggres- dications about the likely pace of rate quence of President Donald Trump’s dupe emissions tests.
sively to head off inflation. hikes in 2019. trade confrontations, which the Fed The scam made the cars seem far
In fact, it might be read as a sign The Fed noted the economy “has previously has cited as a factor un- less polluting in labs than they were
the Fed believes the risk the econo- been rising at a strong rate,” with dermining business confidence and on the road, and suspicions of simi-
my will overheat may be retreating. solid job gains, falling unemploy- investment plans, as tariffs increase lar trickery have since spread to other
The policy-setting Federal Open ment and household spending that costs. carmakers as well.
But the country’s mighty car giants
“This deal will provide Poland with energy security” have been stubborn in their refusal to
foot the bill for cleaning up diesels in
US Poland LNG deal way for Europe to ease reliance on Russia: Perry order to bring them into compliance
Washington’s energy secretary on tranche 24-year deal for LNG deliv- fied natural gas per year. Poland in with EU law.
Thursday hailed a 24-year deal to de- eries from the Texas-based Cheniere October filed a complaint with the The government wants automakers
liver US liquefied natural gas (LNG) Marketing International, amounting EU’s top court against a contro- like Daimler, VW and BMW to pay
to Poland as signal for Europe on to a total of 40.95 billion cubic me- versial deal by the European Com- to retrofit older diesels with more ef-
ensuring energy security and easing ters of natural gas after regasification. mission to settle an anti-trust case fective exhaust treatment systems.
dependence on Russian supplies. “This deal will provide Poland with against Gazprom. Carmakers have so far responded
The deal, the second multi-decade energy security,” said Duda, adding This allowed Gazprom to avoid mainly by offering software upgrades
agreement with a US firm signed in that the agreement reflects “a real billions in fines after eight eastern EU for newer diesels and trade-in bonus-
two months, comes as Warsaw looks transatlantic partnership.” members including Poland claimed es -- which would still leave drivers
to diversify its gas supplies in an ef- The deal with the US firm is due to the Russian giant had abused its shelling out thousands for new cars.
fort to wean itself off its heavy reli- take effect in 2019, three years before dominant position as a gas provider After a new meeting on Thursday,
ance on Russia amid tensions with Warsaw’s current contract with Gaz- in their region. Transport Minister Andreas Scheuer
Moscow. “This is a signal across prom for 10 billion cubic metres of The settlement with the EU came said Volkswagen and Daimler have
Europe that this is how your energy natural gas per year is set to end. after Gazprom agreed to benchmark agreed to foot up to 3,000 euros of the
future can be developed, the security PGNiG CEO Piotr Wozniak said prices in eastern Europe against pric- bill for hardware fixes for vehicles in a
of the country, the diversity of supply the terms of the deal including “a es in the rest of Europe, and to drop handful of cities where air pollution is
-- this is a great day for Europe,” US competitive price, are fully satisfac- clauses restricting the re-export of particularly bad. That is an improve-
energy secretary Rick Perry said at tory” although no value for the con- gas by clients. Perry and Poland’s en- ment from their previous offer of 2,400
a signing ceremony in Warsaw with tract was provided, adding two fur- ergy minister Krzysztof Tchorzewski euros. Nevertheless, Scheuer warned
Polish President Andrzej Duda. ther deals were planned. signed a declaration of cooperation that no hardware fixes are available on
Poland, which currently sources “We want to build a full supply on energy security later on Thursday. the market yet and “at the moment, no
about two-thirds of its gas from portfolio,” he said. The US official also attended cy- one can say how expensive they will
Kremlin-backed Russian energy giant PGNiG struck a similar 20-year ber security exercises near Warsaw actually be”. BMW has refused any
Gazprom, is also eyeing imports from deal in October with the US-based where US experts trained Poles on such payments before 2020, saying
Norway and Qatar. State-run gas Venture Global LNG for delivery of how to prevent attacks by hackers on that trade-in bonuses would be more
firm PGNiG said it had sealed a two- up to two million tonnes of lique- power grids. effective at cleaning up the fleet.

Page 5 Friday November 09, 2018
“I made three or four very good putts, those little bonuses that you do not expect to make” F1
Flawless Garcia fires 64 for four-shot Nedbank lead Hamilton pays tribute
to Bottas
Sergio Garcia fired a superb eight- Lewis Hamilton has paid tribute to
under-par opening-round 64 in the his Mercedes team-mate Valtteri
EPGA Nedbank Golf Challenge Bottas and described their pairing as
Thursday to take a four-shot lead at “the greatest” in Formula One his-
Sun City with star attraction Rory tory.
McIlroy eight behind. Speaking ahead of this weekend’s
Finn Mikko Korhonen, Mike Lo- Brazilian Grand Prix, where Mer-
renzo-Vera from France and South cedes hope to clinch a fifth consecu-
African Charl Schwartzel share sec- tive constructors’ title, the new five-
ond place on 68. time champion added that Bottas had
“This sort of round does not hap- been fundamental to his successes.
pen very often, I was very fortunate,” “It’s the greatest partnership in
said the 38-year-old Spanish winner terms of respect and teamwork from
of the 2017 Masters after his bogey- drivers that I’m sure has ever existed
free round. in Formula One - probably.
While the two-time Sun City “This year definitely there have
champion put his good fortune down been times when he has been funda-
to the vagaries of the wind not pun- mental in us winning races.”
ishing him and some “bonus putts”, Hamilton and Bottas need to score
his round on a first visit to Sun City 31 points between them to end Fer-
since 2013 was remarkable. rari’s challenge for the team title at
“This kind of round does not hap- (FILES) Sergio Garcia of Spain (Photo AFP) Interlagos where they have only a
pen very often but I played very con- going to hit the ball to two feet every a single bogey, at the par-four third modest record.
sistently and kept the ball in play,” time. when his ball plugged just below the Hamilton has had pole and won
said Garcia. “I made three or four very good lip of a greenside bunker. once in Brazil and Bottas secured
“This tricky wind moved all over putts, those little bonuses that you do But after birdieing the par-four pole position last year.
the place and on one hole you could not expect to make. But I gave myself 13th, the four-time major winner After being out-performed by a
have three or four different winds. lots of chances, so then this leads to twice drove into the bushes, leading revived Ferrari in Texas and Mexico,
“You have to just trust your shot more birdies.” to sixes at the par-five 14th and the the Mercedes pair will seek to regain
and sometimes it goes wrong, but I Garcia’s error-free round was in par-four 17th. the initiative from rivals Sebastian
was fortunate to get it right a lot of stark contrast to that of world num- “I actually played pretty nicely Vettel and Kimi Raikkonen.
the time -- to be bogey-free was re- ber six McIlroy, whose level-par 72 on the front nine but it was a bad, If one driver wins and the other fin-
ally nice. was characterised by some wayward bad finish. The driver let me down ishes in the top seven, Mercedes will
“I drove the ball nicely, hit a lot of driving. a couple of times which left me out triumph again, but if the scarlet scu-
fairways and greens, but it just does McIlroy’s front nine was promis- of position and led to a couple of big deria can continue recent form they
not happen on this course that you are ing with three birdies offset by just numbers. have a chance to keep the champion-
ship alive into the final race in Abu
Golf “I meet a man who has exceptional skills ...” Dhabi.
Ferrari outscored Mercedes by 12
Tiger expects strong field Bellew confident he will pass ‘ultimate test’ against Usyk points in Texas and by 11 in Mexico.
for Hero Challenge Tony Bellew is confident he will pass in the top division. He briefly retired If they can beat them by 13 in Brazil,
the “ultimate test” of his career to be-
after the second of those in May but
it will maintain their title bid.
Tiger Woods will launch his 2018-19 come the undisputed world cruiser- was quickly tempted back into the Much will depend on Hamilton’s
competitive season later this month at weight champion on Saturday when ring by the opportunity to face Usyk. mindset and mood after clinching his
the Hero World Challenge which he he takes on undefeated Ukrainian Bellew said: “I have to beat him up fifth title.
will be headlining along with world Oleksandr Usyk. on Saturday, or find a way to do the In the two seasons in which he
number one Justin Rose. Bellew is stepping back down from impossible. clinched the drivers’ title before the
The Hero World Challenge field the heavyweight division for what “The only chance I have is a season ended, he failed to win an-
features players from six countries could be his final fight in the hope puncher’s chance -- I cannot outbox other race – so the presence of Bot-
and includes four of the top five and of fulfilling his dream of becoming this man. He is a formidable oppo- tas could be a critical factor for the
16 of the top 23 players in the world, world champion -- Usyk holds the nent. He has everything any boxer team.
Woods announced Thursday. WBA, WBC, WBO and IBF titles. could possibly want and he is a hor- Since replacing 2016 world cham-
Two exemptions will be issued at a Asked if he was facing the best rible southpaw. pion Nico Rosberg, Bottas has helped
later date to round out the 18-player opponent yet, the 35-year-old Briton “But I’ve shown what I can do at the team to win 21 races overall and
field. The invitational event runs said: “Yes -- he is the ultimate test. heavyweight and, believe you me, I gained total respect and trust from his
from November 29 to December 2 There is nothing this man cannot do will show even more what I can do British team-mate.
and will be held in the Bahamas for in a boxing ring. He is the most com- at cruiserweight. I am faster, sharper Hamilton has acknowledged that
the fouth straight year. plete fighter I have ever faced. Every- and possibly even stronger at cruiser- and also the importance of sealing
Tournament host Woods launched thing he does is class. weight.” another success for Mercedes.
the Hero Challenge with his father in “I meet a man who has exceptional Bellew, despite admitting Usyk “We have such a huge respect for
1999. skills, an exceptional talent. He has may be the superior talent, did not each other,” he said. “I see how hard
It will be the first official compe- everything I have except that one undersell himself before the event in he works. He sees how hard I work.
tition for the 14-time major winner thing -- I can turn someone’s lights Manchester. We don’t play games in between.
Woods since the US lost to Europe in out in the blink of an eye. “This is the most significant fight “In actual fact, we work together.
the Ryder Cup in September. Woods “It’s never happened to him before in cruiserweight history, the richest There are times where I’ve figured
finished a woeful 0-4 at the Ryder but it could happen on Saturday. I am fight this division has ever seen,” he something out in my set-up and I’ll
Cup taking his all-time record in the going to find a way.” said. “Who brought that to the table? tell him and there are times that I can
event to 13-21-3. Usyk, 31, is an Olympic gold med- I did. He brings the hard work, I bring talk to him.”
The former world number one, allist and unbeaten in 15 fights as a the money. Never forget that.” Bottas is winless this year and has
who is ranked 13th in the world, will professional. He is expected to step Usyk, sitting alongside Bellew at played a significant number two role
take on Phil Mickelson on November up to heavyweight in the near future the pre-fight press conference, was in Hamilton’s title triumph – a role
23 in a one-on-one exhibition in Las and could have his eyes on Anthony more understated. that the Englishman would perform,
Vegas for $9 million. Joshua’s titles. He said: “Tony is my best oppo- he said, if their positions were re-
Woods won the Tour Champion- Bellew has won 30 of his 33 fights, nent ever, definitely. We feel Tony versed.
ship in September, his first PGA Tour the two most recent being his heav- and I will perform our best. I think it “Ultimately, the team don’t care
win since August 2013. ily billed bouts against David Haye will be a spectacular fight. which driver wins,” said Hamilton.

Page 6 Friday November 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
7 6 5 4 2 1 2 6 3

4 9 1 8 9 1 8 2

5 2 3 9 7 7 1 4

2 6 7 8 9 4 5 3

4 1 2 1 9 3 6 4 4 5 6 7
7 8 9
9 1 4 5 2 6 1 10 8 11
12 13 14
5 1 6 4 7 1 9 15 16 17 6 18
19 20 21 22 23
7 9 5 6 4 6 1 3
24 25 26 27 28
29 30
1 9 5 7 8 8 4 7 9
31 32
33 34

1 2 3 4 5 6 ACROSS DOWN

7 8 9 1 Disconnected 2 Loose parts
4 Speechless 3 Tauter
7 Palter 5 Overturn
10 11
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
17 Cap 18 Yearning
19 20 21 22 23
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 32 31 Movie alien
32 Cease
33 Eye infection
33 34
34 Young lady
Fold Fold
ACROSS 1 9 7 6 5 4 2 6 1 3 9 8 7 3 8 2 4 5 DOWN 1 3 9 8 6 5 2 9 7 4 1 5 E N D O E T (52)8183105037
[email protected]
1 Disconnected 5 8 1 9 6 2 4 7 3 2 Loose parts 3 8 2 T I P R A M G [email protected]
Information Source:
Agence France-Presse (AFP)
4 Speechless 4 3 Tauter Y M E L R P M Printed and distributed locally in each hotel.
All rights reserved.
7 Palter 3 5 8 1 2 7 9 4 6 5 Overturn 1 6 3 9 T O P L I E H A R R I S B U R G Reproduction in whole or in part by any printed
or electronic without permission of the publisher.
9 Toward 2 4 9 5 8 6 1 3 7 6 Belief 7 2 1 5 4 D D U M B O F F Solution:
10 Pennsylvaniaʼs capital 8 Tv show
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


November 1st, 2018 – May 15th, 2019.

Cabo Real Club Campestre Puerto Los Cabos
Green Fee San José
Public Public Public

-18 Holes $245.00 $200.00 $190.00 $150.00 $285.00 $230.00
-Early Twilight 12:00p $200.00 $160.00 $160.00 $130.00 $230.00 $185.00
-Twilight 1:30p $175.00 $140.00 $135.00 $110.00 $205.00 $165.00
Includes Food & Beverages

(After 11:00 am) $660.00 $500.00 $760.00
Rates per foursome Includes Food & Beverages


$370.00 USD $510.00 USD $800.00 USD

*Rounds may be played at any of our three courses.
*Each pass used at Puerto Los Cabos will incur a $20 USD surcharge due to all-
inclusive food and beverage palapas.
*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.


• Cancelation Policy: Our cancellation policy is 24 hours in advance. If you need to
change or reduce the number of players in your group, please do so at least 24

hours prior to your tee time. Failure to do so will result in a full charge.

• Green Fee includes: 18 holes, one shared golf cart per round, use of driving range
prior to round and bottled water.

• Our Pace of Play is 4 hours, 30 minutes. By booking this reservation you are in
agreement and acknowledgement of our pace of play requirements.

• Dress Code (Golfers and Riders): Appropriate golf attire is required. Collared golf

shirts and Bermuda / golf style shorts are allowed. Please note that denim,
swimwear, cut-offs, t-shirts, halter tops, tank tops, and flip flops are not

• Outside food and beverage is not permitted

• Riders are permitted based on availability of golf carts and cannot be guaranteed
in advance. Please contact the golf course the same day of play, to confirm
availability. Rider fees are $45 USD at Puerto Los Cabos and $35 USD at Cabo Real
& Club Campestre San José.

Available for $55.00 USD
Prices subject to change

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