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Published by it, 2017-09-14 07:28:38

Hacienda Times Digest Septiembre 14

September 14 2017

Thurs Sept 14 Fri Sept 15 Sat Sept 16 Sun Sept 17 Mon Sept 18


Sunny Partly Cloudy Thunderstorm Thunderstorms/ Partly Cloudy

88° High 88° High 87° High 85° High 88° High

75°Low 75°Low 76°Low 75°Low 74°Low

Humidity: Humidity: Humidity: Humidity: Humidity:

78% 77% 79% 83% 76%



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FROM THE PAGES OF midnight in New York

THURSDAY, SEPTEMBER 14, 2017 FROM THE PAGES OF © 2017 The New York Times
8 Die After Power Fails at Care Center MEDICARE FOR ALL

HOLLYWOOD, Fla. — The counted because the person had from the state attorney general’s VS. STATE CONTROL
first patient was rushed into the been taken to a funeral home. office were also involved.
emergency room of Memorial Re- In all, eight were dead. By day’s end, the unanswered IN HEALTH BATTLE
gional Hospital around 3 a.m. on Florida was still staggering to questions were still outstanding,
Wednesday, escaping a nursing its feet on Wednesday, and mil- even as the deaths heightened
home that had lost air-condition- lions of people across the South- scrutiny on other facilities for the
ing in the muggy days after Hur- east were facing days or weeks old and disabled. WASHINGTON — In a Senate
ricane Irma. without power in temperatures The Rehabilitation Center office building, some of the lead-
Another arrived at 4 a.m. Af- that, in the Fort Lauderdale area, had reported to state regulators ing lights of the Democratic Party
ter a third rescue call, around 5 climbed to as high as 92 degrees on Tuesday that it had power, gathered Wednesday to embrace a
a.m., the hospital’s staff decided in recent days. The nursing home and that Memorial Healthcare, huge expansion of Medicare, large
to check the building. What they appeared to have electricity, but which runs the hospital near the enough to open the health program
found was an oven. the hurricane had knocked out nursing home, had provided fans to all Americans.
The Rehabilitation Center at power in a critical spot: A tree and spot coolers, according to In another Senate office building,
Hollywood Hills needed to be had apparently hit the transform- the governor’s office. Gov. Rick a group of Republican senators took
evacuated. Rescue units were er that powered the cooling sys- Scott said that the nursing home one last stab at dismantling the Af-
hurrying its more than 100 resi- tem, intensifying the subtropical was responsible for the safety of fordable Care Act. They proposed to
dents out. heat from oppressive to fatal. its patients, and that state health send each state a lump sum of feder-
Checking the nursing home State officials, utility exec- officials had told the home’s ad- al money, along with sweeping new
room by room, the hospital staff utives and the Rehabilitation ministrators to call 911 if they discretion over how to use it.
found three people who were al- Center spent Wednesday trad- believed patients’ health was at Important elements in both par-
ready dead and nearly 40 others ing blame over why and how its risk. ties are trying to move beyond Pres-
who needed immediate atten- patients were left to endure such But one relative who visited on ident Barack Obama’s health care
tion, many of whom had trouble conditions, even though state and Tuesday afternoon said she had law, but they are moving in radically
breathing. The workers took federal regulations require nurs- been so alarmed by the condi- different directions.
them to the emergency room, ing home residents to be evacuat- tions inside that she called Flor- The proposals appeared to have
where they were given oxygen. ed if it gets too hot inside. ida Power & Light four times to only one thing in common: Neither
Four were so ill that they died The Hollywood Police Depart- report that the air-conditioning is likely to be enacted any time soon.
soon after arriving. In the after- ment opened a criminal investi- was out. The relative, Eli Pina, Sen. Bernie Sanders of Vermont
noon, the authorities learned gation into the deaths of the eight said the power company told her proposed what he called “a Medi-
that another had died early in the residents, who ranged in age that help was on the way. But no care-for-all, single-payer health
morning, and was initially un- from 71 to 99, and investigators one came. (NYT) care system,” and he said 16 Demo-
cratic senators supported it.
Trump Hurries to Pass Tax Bill Not Yet Written by Lindsey Graham of South Caro-
Several Republican senators, led
lina and Bill Cassidy of Louisiana,
WASHINGTON — President Sept. 25, with the goal of taking a fight over that budget blueprint. would take money spent under the
Trump is doubling down this up legislation in late October. But Trump made clear on Affordable Care Act and give it to
week on his bid to remake the tax But Republicans remain divid- Wednesday that he was ready to states in block grants.
code, meeting with Democrats, ed on key details: whether they deal. At a bipartisan gathering Under the Graham-Cassidy pro-
tying tax legislation to hurricane can meet Trump’s demand for of House members at the White posal, money would be distributed
recovery and dispatching his eco- a 15 percent corporate tax rate; House, Trump said he wanted a to states based on a complex formu-
nomic team to Capitol Hill almost which small businesses and part- tax bill that benefited the middle la. The regional cost of living would
daily to prod lawmakers. nerships would qualify for a new class. He tried to ease concerns be one factor, but the sponsors ac-
But he is bringing to the game low business tax rate; whether that he was preparing to give a knowledged that higher-spending
a relatively weak team — a chief tax cuts in the package should be windfall to the rich. states like Massachusetts would
economic adviser whom he has paid for by closing loopholes; and “The rich will not be gaining at receive less than under current law.
openly disparaged and a Trea- whether hedge fund and private all with this plan,” Trump said. “I The block grant would replace
sury secretary whose counsel he equity managers would continue think the wealthy will be pretty federal money being spent under
has dismissed — and is promot- to see their huge fees taxed at the much where they are.” the Affordable Care Act for the ex-
ing quick passage of a new tax low rate of capital gains instead of He added about their tax rates, pansion of Medicaid.
code that has yet to be written. at income tax rates. “If they have to go higher, they’ll The Graham-Cassidy bill would
The urgency was evident on Democrats have said they will go higher.” repeal the Affordable Care Act’s
Wednesday, as Trump urged Con- reject any package that they see Rep. Kurt Schrader, D-Ore., requirements for most Americans
gress to “move fast,” and Repub- as skewed toward the rich, espe- emerged from the meeting en- to have coverage and for larger em-
lican leaders seemed ready. Rep. cially if it repeals the estate tax. couraged. “I took that as a signal ployers to offer it. And it would make
Kevin Brady of Texas, chairman Then there is a tough interim that he’s not concerned about the deep cuts in Medicaid.
of the House Ways and Means step: Republicans must pass a upper 1 percent or 5 percent, he’s But time is running out. After
Committee, told House Republi- budget resolution to unlock the concerned about hopefully mid- Sept. 30, the Graham-Cassidy leg-
cans that the administration and procedural tool that would let dle-class Americans,” he said. islation would lose procedural pro-
congressional Republicans would them move a bill through the Sen- “Proof’s in the pudding. We’ll see tections that allow passage in the
release a detailed framework ate with a simple majority. Con- how it comes out.” Senate with a simple majority.
of their plan during the week of gressional leaders are bracing for ALAN RAPPEPORT ROBERT PEAR


A Blob Called Russia Creates a Fake Enemy, but Real Alarm

Fatberg Lurks MOSCOW — The country does into Belarus than it intends to Veishnoriya, a fictional country

Under London not exist, so it has neither an ar- withdraw, establishing a perma- that is backed by the West and in-
my nor any real citizens, though it
tent on driving a wedge between
nent military presence there. And
has acquired a feisty following of officials in the Baltics and Poland Russia and Belarus.
There is a monster beneath the would-be patriots online. Starting have voiced alarm that the exer- The Baltic States and Poland,
streets of London, menacing the on Thursday, however, the fiction- cises could be used as a cover for which fear that the fictional na-
East End underworld. al state, Veishnoriya, a distillation Russian aggression, as happened tions invented by Zapad planners
What has been named the Whi- of the Kremlin’s darkest fears in 2014, when Moscow staged are thinly disguised proxies for
techapel fatberg is a rock-solid about the West, becomes the tar- large-scale exercises to camou- their own countries, say they be-
agglomeration of fat, disposable get of the military might of Russia flage preparations for its annex- lieve that the number of Russian
wipes, diapers, condoms and tam- and its ally Belarus. ation of Crimea and intervention troops taking part in Zapad-2017
pons. It was discovered to the east The nation was invented to pro- on the side of pro-Russian rebels could reach 100,000.
of the city’s financial district, oc- vide an enemy to confront during in eastern Ukraine. Russia, Stoltenberg said, has
cupying a sixth of a mile of sewer a six-day joint military exercise “NATO will be monitoring the a record of exploiting loopholes
under Whitechapel Road. that is expected to be the biggest exercises closely,” the alliance’s in the Vienna Document, habitu-
Thames Water, the capital’s display of Russian military power secretary general, Jens Stolten- ally understating the number of
utility, said the fatberg weighed since the end of the Cold War. berg, said recently. Russia, he troops taking part in war games
as much as 11 of the city’s dou- The exercise, known as Za- said, is entirely within its rights by tens of thousands.
ble-decker buses: more than 140 pad-2017, comes at a time of de- to train its forces, but has stirred Moscow and Minsk insist that
tons. That is 10 times the size of teriorating relations between unease by routinely skirting mu- this week’s Zapad exercise will
a similar mass that the company Russia and the West. From bitter tually agreed upon rules. involve just 12,700 troops. This
found beneath Kingston, in South experience over Russian election The West has been bracing for means that, like all previous
London, in 2013, and declared it meddling and military adven- the Russian exercises for months. Russian military exercises since
the biggest example in British turism in recent years, Western Then, late last month, a scenario the 1991 collapse of the Soviet
history. officials have developed a deep outlined by the military leader- Union, it weighs in just under
To prevent the contents of distrust of the Kremlin’s motives. ship in Minsk, Belarus, described the 13,000-troop threshold and is
the sewer from flooding streets There are fears that Moscow the main task for this year’s Zapad therefore is free of observers from
and homes nearby, the utility is may be moving far more troops program: to repel aggression by the West. ANDREW HIGGINS
sending an eight-member team
to break up the fatberg with In Brief
high-powered jet hoses and hand
tools. The task is expected to take
them three weeks, working seven its work and leave the country’s impoverished tribal
days a week. N. Korea Reportedly Resumes Work areas that border Afghanistan, the organization
“It’s basically like trying to North Korea has resumed work at its under-
break up concrete,” said Thames ground nuclear testing site, defense analysts said, said, ending its 14-year stay in the volatile region.
Doctors Without Borders, also known as Médecins
Water’s head of waste networks, as the country vowed to keep expanding its nuclear Sans Frontières, works out of two health facilities in
Matt Rimmer arsenal despite the latest United Nations sanctions. the Kurram district of the Federally Administered
This city’s sewage system pres- The defense analysts also said that the North’s Tribal Areas region in Pakistan, which has been
ents special challenges. The back- Sept. 3 nuclear test, which Pyongyang said was of plagued by militancy over the past decade and was
bone of the network was built in a hydrogen bomb, may have been much more pow- the location of many American drone strikes target-
the 19th century, after a series of erful than previously estimated. In its first official ing commanders from Al Qaeda and other militant
cholera outbreaks and the “Great reaction to the sanctions resolution adopted by the groups. (NYT)
Stink” of 1858, when lawmakers United Nations Security Council on Tuesday, North
abandoned the Houses of Parlia- Korea’s Foreign Ministry said on Wednesday that
ment because of the stench of raw the sanctions would only strengthen the country’s Trump Urged to Honor Nuclear Deal
sewage from the River Thames. resolve to pursue its nuclear weapons program “at a Alarmed that President Trump may soon take
That 1,100-mile system, origi- faster pace without the slightest diversion.” (NYT) steps that could unravel the international nuclear
nally designed to serve four mil- agreement with Iran, more than 80 disarmament
lion people, has been struggling to Leader of Myanmar Calls Off Trip experts urged him on Wednesday to reconsider and
cope with the waste of about twice said the accord was working. In a joint statement, the
that number. Work is underway Facing a storm of global criticism over an ethnic experts said the 2015 agreement, negotiated by the
on a new super sewer. slaughter in her home country, the Nobel laureate Obama administration and the governments of Brit-
Joseph Bazalgette, who de- who is Myanmar’s most prominent political leader ain, China, France, Germany and Russia, was a “net
signed the Victorian network, has canceled her planned visit to the United Nations plus for international nuclear nonproliferation ef-
probably did not account for the General Assembly. The cancellation by the leader, forts.” Because of the monitoring powers contained in
disposable diapers and wipes Aung San Suu Kyi, was announced by her office the agreement, they said, Iran’s capability to produce
that, in a matter of days, can mate on Wednesday, less than a week before the annual nuclear weapons has been sharply reduced. (NYT)
with oil and grease to create fat- gathering in New York of leaders representing the
bergs big enough to block tunnels 193-member General Assembly, the largest forum Simplifying European Bloc Suggested
that are six feet tall. for diplomacy. Her decision to abandon the visit
And there is a chance that a came amid an uproar over deadly attacks by securi- Jean-Claude Juncker, the president of the Euro-
slice of the Whitechapel fatberg ty forces on Rohingya Muslims in Myanmar, which pean Commission, laid out plans on Wednesday to
will be preserved for generations is predominantly Buddhist. (NYT) simplify the byzantine governance of the European
to come. The Museum of London Union. In perhaps the boldest proposal in his annual
said on Wednesday that it hoped Pakistan Tells Charity to Leave address to the European Parliament, Juncker sug-
to acquire a cross-section of the gested streamlining the leadership of the 28-nation
blob for its collection. Pakistan on Wednesday told the medical humani- bloc — an idea that could in theory eliminate his own
AMIE TSANG tarian organization Doctors Without Borders to stop job. (NYT)


Redemption and Rejection: Prison to Ph.D. In Brief

Michelle Jones was released research project last year. As pris- tal admissions decisions, in this Government Rejects
last month after serving more oner No. 970554, Jones also wrote case the university’s leadership
than two decades in an Indi- several dance compositions and reversed one, according to the Kaspersky Lab Software
ana prison for the murder of her historical plays. emails and interviews, out of con- The federal government
4-year-old son. The next day, she N.Y.U. was one of several top cern that her background would moved on Wednesday to wipe
arrived at New schools that recruited her for their cause a backlash among rejected from its computer systems any
York Universi- doctoral programs. She was also applicants, conservative news software made by a prominent
ty, a promising among 18 selected from more than outlets or parents of students. Russian cybersecurity firm,
Ph.D. candi- 300 applicants to Harvard Uni- The admissions dean of Har- Kaspersky Labs, that is being
date in Ameri- versity’s history program. But in vard’s Graduate School of Arts investigated by the F.B.I. for
can studies. a rare override of a department’s and Sciences declined to be inter- possible links to Russian security
In a breath- authority to choose its graduate viewed, and a university spokes- services. The concerns surround-
taking feat of students, Harvard’s top brass woman did not respond to a set of ing Kaspersky, whose software
rehabilitation, overturned Jones’s admission eight questions about the case.
Michelle Jones, now 45, after some professors raised con- In a personal statement accom- is sold throughout the United
Jones became a pub- cerns that she played down her panying her Harvard application, States, are longstanding. The
F.B.I. has for years been trying to
lished scholar crime in the application process. Jones said she had a psychological determine whether Kaspersky’s
of American history while behind The Marshall Project, a non- breakdown after years of aban- senior executives are working
bars, and presented her work by profit news organization that donment and domestic violence, with Russian military and intelli-
videoconference to historians’ focuses on criminal justice and and inflicted similar treatment on gence, according to current and
conclaves and the Indiana Gen- produced this article for The her own son, Brandon Sims. former American officials who
eral Assembly. With no internet New York Times, obtained inter- The boy died in 1992 in circum- spoke on the condition of ano-
access and a prison library that nal emails and memos related to stances that remain unclear. nymity because the inquiries are
hewed toward romance novels, Jones’s application, and inter- Two years later, during a stay classified. The company denies
she led a team of inmates that viewed eight professors and ad- at a mental-health crisis center, the allegations. But on Wednes-
pored through reams of photo- ministrators involved in review- Jones admitted that she had bur- day, Elaine C. Duke, the acting
copied documents from the Indi- ing it. ied him without notifying the po- secretary of Homeland Security,
ana State Archives to produce the While top Harvard officials typ- lice or Brandon’s father and his ordered federal agencies to de-
Indiana Historical Society’s best ically rubber-stamp departmen- family. ELI HAGER velop plans to remove Kaspersky
Shkreli Jailed for Seeking Strand of Clinton’s Hair software from government sys-
tems in the next 90 days. (NYT)

Martin Shkreli, the former tation to assault in exchange for that his bail be revoked and the 4 Nations Punished
pharmaceutical executive who is money that is not protected by the Secret Service to investigate. “On The Trump administration has
awaiting sentencing for a fraud First Amendment,” she said. HRC’s book tour, try to grab a hair imposed visa sanctions against
conviction, was sent to jail on Shkreli, 34, gained notoriety from her,” he wrote, referring to four countries that have refused
Wednesday after a federal judge as a pharmaceutical executive Clinton. “Will pay $5,000 per hair to take back citizens who were
revoked his bail because he had for increasing the price of a life- obtained from Hillary Clinton.” convicted of crimes in the United
offered $5,000 for a strand of Hil- saving drug, Daraprim, by 5,000 Although Shkreli edited the post States and ordered deported,
lary Clinton’s hair. percent. He was convicted in to say that he had meant it to be officials said on Wednesday. The
Shkreli, who was free on $5 mil- August of three counts of fraud, satirical, and he later took it down Department of Homeland Secu-
lion bail while he awaited sentenc- relating to two hedge funds and altogether, prosecutors contend- rity said it notified the State De-
ing, had made two Facebook posts a pharmaceutical company he ed that there was a risk that one partment that the governments
offering cash to anyone who could previously ran. On Wednesday, he of Shkreli’s social media followers of Cambodia, Eritrea, Guinea and
“grab a hair” from Clinton during was scheduled to be sentenced on would take the post seriously and Sierra Leone had denied or un-
her book tour. Jan. 16, but he most likely will not act on it. reasonably delayed accepting the
At the hearing in Federal Dis- be released before then unless his Just before his conviction, pros- return of convicts. (NYT)
trict Court in Brooklyn, Judge lawyers can show that he poses no ecutors wrote, Shkreli had made
Kiyo A. Matsumoto said that threat to the community. a sexual threat toward a female
Shkreli’s post could be perceived Shkreli’s online offer last week journalist on Twitter Jefferson Statue Covered
as a true threat. “That is a solici- prompted prosecutors to request STEPHANIE CLIFFORD Protesters who draped a black
shroud over a statue of Thomas
Black Republican Gives Trump a Lesson on Racism Jefferson at the University of Vir-
ginia were “desecrating” ground
many people consider “sacred,”
WASHINGTON — Tim Scott, demonstration of his commitment that “both sides,” racists and an- the president of the Charlottes-
the lone black Republican in the to “positive race relations.” ti-racist protesters, were respon- ville college said Wednesday.
Senate, delivered a pointed histo- When a reporter asked the sible for the violence that followed The university president, Teresa
ry lesson on America’s “300-year” senator after the meeting if the a torchlight protest against the re- Sullivan, sent statements after
legacy of racism to President president had expressed regret, moval of a statue of Robert E. Lee. dozens of protesters gathered on
Trump on Wednesday in response a pained look flashed on Scott’s “My response was that, while campus Tuesday night to protest
to what he called Trump’s “sterile” face. He paused and replied, “He that’s true, I mean I think if you the university’s response to white
response to the riots in Charlottes- certainly tried to explain what he look at it from a sterile perspec- nationalist rallies this summer.
ville, Va., last month. was trying to convey.” tive, there was an antagonist on The demonstrators covered the
The president invited Scott, a Scott made it clear he did not go the other side,” Scott said. statue of Jefferson and put up
conservative from South Caro- to the White House for a photo op, “However, the real picture has signs that called him a “rapist”
lina to the Oval Office for what but to decisively rebut Trump’s nothing to do with who is on the and “racist,” The Daily Progress
Trump’s staff described as a claim — to the president’s face — other side,” he said. (NYT) reported . (AP)


Politicians’ Ties to Carmakers Now a Liability THE MARKETS

FRANKFURT — Sometimes it economy. While Merkel is heav- Show in Frankfurt on Thursday. DJIA NASDAQ S & P 500
is hard to tell where the German ily favored to win, she and her For decades, the German gov- 39.32 5.91 1.89
government ends and the auto in- political rivals consider the auto- ernment has been a crucial ally ↗ 0.18% ↗ 0.09% ↗ 0.08%
dustry begins. makers toxic and have begun to for carmakers, operating as a de 22,158.18 6,460.19 2,498.37
Daimler and Volkswagen’s top distance themselves from them. facto lobbyist for the industry.
lobbyists were once close aides The backlash has been build- With the support of officials, EUROPE
to Chancellor Angela Merkel. ing since 2015, when United automakers used their political
The foreign minister, Sigmar Ga- States regulators uncovered clout in Brussels to block stricter BRITAIN GERMANY FRANCE
briel, used to sit on Volkswagen’s widespread emissions cheating emissions regulations and to pro- FTSE 100 DAX CAC 40
supervisory board. Merkel once by Volkswagen. The broadening mote subsidies for diesel. Ger- 20.99 28.80 8.58
buttonholed California’s gover- case, which has also ensnared man leaders, including Merkel ↘ 0.28% ↗ 0.23% ↗ 0.16%
nor to complain about the state’s BMW and Daimler, has called and her predecessor, argued 7,379.70 12,553.57 5,217.59
strict emissions standards. attention to the harmful effects against tough emissions rules
Those close relations between of nitrogen oxide emissions from and pushed for better terms for ASIA/PACIFIC
public officials and car manufac- diesel vehicles. Cities across Eu- the country’s carmakers abroad.
turers were once considered vital rope are considering diesel bans. New cars must pass road tests. JAPAN HONG KONG CHINA
economic policy for Germany’s “I’m just as angry about the Previously, they had to pass only NIKKEI 225 HANG SENG SHANGHAI
most important export. Now, fraud as you,” Merkel said in an laboratory exams, which Volk- 89.20 78.16 6.05
they are a political liability. interview with Der Spiegel pub- swagen and other carmakers ↗ 0.45% ↘ 0.28% ↗ 0.18%
Weeks before national elec- lished Sept. 2, illustrating her crit- were able to game. But, at Ger- 19,865.82 27,894.08 3,385.54
tions, voters increasingly see the ical attitude toward the industry. man insistence, cars can emit
government as complicit with But she has not completely aban- double the legal limit of nitrogen AMERICAS
carmakers in a widening diesel doned it. Merkel is scheduled to oxides and still be approved.
crisis that threatens the German speak at the International Motor JACK EWING CANADA BRAZIL MEXICO
Facebook Blocks Ads From Objectionable Content ↘ 16.60 ↗ 249.02 ↘ 300.09
15,126.81 74,787.57 50,180.87
Facebook’s enormous audi- misappropriation of children’s Facebook and Google were
ence has long been catnip to ad- show characters, violence, nudi- criticized during and after the COMMODITIES/BONDS
vertisers. But its vast ecosystem ty, gore, drug use and derogatory presidential election for allow-
has come under scrutiny from language. Facebook is extending ing misinformation to spread on GOLD 10-YR. TREAS. CRUDE OIL
major brands, which are increas- the guidelines immediately to their platforms. This year, You-
ingly sensitive to the possibility videos, which the company hopes Tube had to address advertisers’ ↘ 4.60 ↗ 0.02 ↗ 1.00
of inadvertently showing up next will become an increasingly lu- concerns after messages from $1,323.40 2.19% $49.75
to objectionable content. crative part of its business, and major brands like AT&T were dis-
Facebook released a new set of in the coming months, to articles. covered on videos that promoted
rules on Wednesday that outline Facebook said users who terrorism and hate speech. The FOREIGN EXCHANGE
the types of videos and articles repeatedly violate its content Wall Street Journal found at least
that it will bar from running ads. guidelines, share sensational 50 acts of violence on Facebook Fgn. currency Dollars in
in Dollars fgn.currency
It also said it would begin disclos- clickbait or post fake news may Live broadcasts.
ing new information to advertis- lose the ability to run ads. The companies are moving Australia (Dollar) .7984 1.2525
ers about where their messages The new policies, which closely quickly to address such issues, Bahrain (Dinar) 2.6549 3.1349
Brazil (Real)
appear on the platform and on mimic guidelines established by particularly as they seek to at- Britain (Pound) 1.3209 .7571
external apps and sites it is part- Google’s YouTube, come as ad- tract a greater portion of the Canada (Dollar) .8216 1.2171
ners with. vertisers demand more account- money earmarked for television China (Yuan) .1529 6.5400
The rules restrict ads from con- ability from the internet giants advertising to the video content Denmark (Krone) .1598 6.2593
tent that depicts real-world trag- related to where and how their on their sites. Dom. Rep. (Peso) .0210 47.5200
Egypt (Pound)
edies, “debatable social issues,” messages are delivered. SAPNA MAHESHWARI Europe (Euro) 1.1883 .8415
Hong Kong (Dollar) .1280 7.8128
Trump Blocks China-Backed Bid to Buy U.S. Chip Maker Japan (Yen) .0091 17.7443
Mexico (Peso)
Norway (Krone) .1269 7.8779
Singapore (Dollar) .7406 1.3502
President Trump on Wednes- months, he has accused Beijing States government relies on the So. Africa (Rand) .0762 13.1182
day blocked a China-backed of failing to restrain the nuclear company’s products. So. Korea (Won) .0009 1131.0
investor from buying an Ameri- ambitions of North Korea. The White House also raised Sweden (Krona) .1245 8.0314
can semiconductor maker over Derek M. Scissors, a resident concerns over the buyer’s close Switzerland (Franc) 1.0373 .9640
national security concerns, a ra- scholar at the American Enter- ties to Beijing. The investment Source: Thomson Reuters
re move that could signal more prise Institute who studies Chi- group included China Venture
aggressive scrutiny of China’s nese investment, said the admin- Capital Fund Corporation, which
deal-making ambitions. istration’s decision over Lattice is owned by state-backed entities, ONLINE: MORE PRICES
The deal for Lattice Semicon- was intended to send a political the White House said. AND ANALYSIS
ductor has provided a test of the message. “We could let it die qui- The decision could spell trou- Information on all United
president’s economic and diplo- etly,” he said, “but we’re going to ble for other Chinese deals un- Æ
matic relationship with China. kill it loudly.” der review by the Committee on States stocks, plus bonds, mu-
On the campaign trail, Trump The White House said on Foreign Investment in the Unit- tual funds, commodities and foreign
reserved some of his harshest Wednesday that it prevented the ed States, a group that examines stocks along with analysis of indus-
words for China, accusing the acquisition of Lattice Semicon- takeovers of American compa- try sectors and stock indexes:
country of stealing jobs. In recent ductor, in part because the United nies by foreign buyers. (NYT)


In Mongolia, Mining a Fortune in Bitcoin MOST ACTIVE,

They worked as factory hands, the Bitmain % Volume
in the coal business and as farm- China plant in Stock (Ticker) Close Chg chg (100)
ers. Their spirits rose when a coal
boom promised to bring factories Dalad Banner, 10 MOST ACTIVE
and jobs to the plains in Inner China. The Bankof (BAC) 159.65 +0.38 +1.6 861134
Apple (AAPL)
Mongolia. When the boom ebbed, factory, one of Micron (MU) 34.59 +0.30 +0.9 414415
they looked for work wherever the biggest of GE (GE) 24.11 +0.20 +0.8 385012
they could. its kind, issues AGNCIn (AGNC) 20.95 ◊0.55 ◊2.6 331745
Today, many have found it at a more than Sirius (SIRI) 36.55 ◊0.17 ◊3.0 268790
AT&T (T)
place that makes money, the digi- $300,000 in HPE (HPE) 13.23 +0.11 +0.8 249754
Snap (SNAP)
tal kind. Here, in what is called the
Dalad Economic Development Bitcoin a day. % Volume
Zone, lies one of the biggest Bit- GIULIA MARCHI FOR THE NEW YORK TIMES Stock (Ticker) Close Chg chg (100)
coin farms in the world. Eight fac-
tory buildings account for nearly Bitcoin. On one hand, the govern- coin requires immense amounts 10 TOP GAINERS 6.78 +1.16 +20.6 5562
T2Bios (TTOO)
one-twentieth of the world’s daily ment worries that Bitcoin will al- of power — and other induce- Sientr (SIEN) 15.01 +2.43 +19.3 7896
production of the cryptocurrency. low Chinese people to bypass its ments. KandiT (KNDI) 86.59 +11.48 +15.3 17149
+0.75 +17.2
LoxoOn (LOXO)
Based on today’s prices, it is- strict limits on how much money Dalad Banner may be far away Synlog (SYBX) 20.15 +2.65 +15.1 294
sues $318,000 in digital currency they can send abroad, and could from Beijing’s internet start-up RevenH (RVEN) 6.74 +0.75 +12.5 28039
+0.70 +12.4
Aldeyr (ALDX)
a day. be used to commit crimes. scene and southern China’s gad- Hallad (HNRG) 6.05 +0.65 +12.0 1114
Bitcoin’s believers say it will be Chinese officials are moving to get hub. Still, many of the workers Lydall (LDL) 52.85 +5.30 +11.1 72402
Carriz (CRZO)
+1.34 +10.8
the currency of the future. Purely close Bitcoin exchanges, where and surrounding residents see a
electronic, it can be sent across the currency is bought and sold. digital opportunity for Dalad Ban- % Volume
borders anonymously. That While that would not affect Bit- ner and the rest of their part of In- Stock (Ticker) Close Chg chg (100)
makes it appealing to a diverse coin manufacturing directly, it ner Mongolia, an area famous in 10 TOP LOSERS
and sometimes mismatched would make buying and selling China for half-finished factories Pulse (PLSE) 10.26 ◊3.53 ◊25.6 16333
group that includes tech enthu- Bitcoin more expensive in one of and towns so empty that they are iRobot (IRBT) 85.08 ◊15.79 ◊15.7 65283
siasts, civil libertarians, hackers its major markets. sometimes called ghost cities. Equifa (EFX) 98.99 ◊16.97 ◊14.6 174140
TymeTe (TYME)
◊1.14 ◊14.2
and criminals. On the other hand, the digital “Now the mine has about 50 Verito (VERI) 24.98 ◊3.72 ◊13.0 7270
Bitcoin is also, by and large, currency may represent an op- employees,” said Wang Wei, the Ailero (ALRN) 11.83 ◊1.59 ◊11.8 1166
Adoman (ADOM) 10.12
◊1.29 ◊11.3
made in China. The country portunity for China to push into manager of Bitmain China’s Da- A-Mark (AMRK) 16.83 ◊1.99 ◊10.6 522
makes more than two-thirds of new technologies, a motivation lad Banner facility, using one of GTX (GTXI) 43.67 ◊0.77 ◊8.9 69426
TransU (TRU)
all Bitcoin issued daily. Bitmain, behind its extensive push into several metaphors for the work Source: Thomson Reuters
founded by Jihan Wu, a former other cutting-edge areas, like being done there. “I feel in the
investment analyst, makes mon- driverless cars and artificial in- future it might bring hundreds or
ey mostly by selling equipment to telligence. China continues to even thousands of jobs, like the Stocks on the Move
make Bitcoins. offer Bitcoin makers like Bitmain big factories.”
China has mixed feelings about cheap electricity — making Bit- CAO LI and GIULIA MARCHI Stocks that moved substantially or traded
heavily on Wednesday:
‘False Peace’ for Markets? A Trader Is Betting on It Centene Corp., up $7.28 to $98.16. The
health insurer and Medicaid coverage pro-
vider will expand into New York by buying
AUSTIN, Tex. — Last Wednes- measured by the Chicago Board VIX recently sank to a multide- Fidelis Care for $3.75 billion.
day was another good day to Options Exchange’s VIX index, cade low of just below 9. Nordstrom Inc., up $2.69 to $47.74.
make money on Wall Street: investors were expecting some Several factors have helped, CNBC reported that members of the Nord-
Stocks rose, interest rates were violent moves to come. analysts say. They include ag- strom family are getting closer to a deal to
at rock bottom and the VIX gauge Betting against a flare-up of gressive money printing and buy the department store chain.
of investor such turmoil has been one of the bond purchasing by global cen- Western Digital Corp., down $3.04 to
unease was most profitable trades in recent tral banks and the profusion of $85.74. Toshiba said it will sell its comput-
again trending financial history. exchange traded investments, er memory business to a consortium, not
downward. Cole, who opened Artemis Cap- which make it cheap and easy for Western Digital, which wants to buy it.
But as inves- ital to outside investors in 2012, is professionals and amateurs alike Power Integrations Inc., down $2.45 to
tors celebrat- taking the opposite side, arguing to bet on a falling VIX. $71.45. The company, which makes inte-
ed yet another that this market calm cannot last. Now, just a month ahead of the grated circuits used for power conversion,
bounce-back In doing so, he draws parallels 30th anniversary of Black Mon- and other electronics companies linked to
from a market to the stock market crash of 1987, day, Cole is wagering on a similar Apple traded lower.
Christopher slip, Christo- when investors were lulled into calamity, underpinned by a vi- Target Corp., up $1.62 to $59.51. The
Cole pher Cole, a believing that volatility would cious spike in the VIX. retailer said it will hire 100,000 people to
trader who not erupt. “The fact that everyone has work over the holidays, 40 percent more
runs a hedge So far, those betting against been incentivized to be short than it hired in 2016.
fund here that makes bets on chaos have carried the day. volatility has set up this reflex- Hologic Inc., down 63 cents to $37.56.
various forms of financial apoc- From day traders to sophis- ive stability — a false peace,” he Health care companies, which have led
alypse, spotted something amid ticated institutional investors, said. “But if we have some sort the market higher over the last month,
the sprawl of data and code. many have made piles of money of shock to the system, all these took losses Wednesday.
“Optically, volatility is still very betting that the VIX will keep self-reflexive elements reverse Costco Wholesale Corp., up $2.95 to
low, but fear is increasing,” Cole moving lower. in the other direction and become $162.99. Companies that make and sell
said. A chart showed that in the After peaking at close to 90 at destabilizing as opposed to stabi- household goods made larger gains than
months beyond the 30-day period the time of the financial crisis, the lizing.” LANDON THOMAS Jr. other industries. (AP)


Do-It-Yourself Makeup Guide for Brides Indie Designers

Being makeup-ready in today’s Are Uniting
click-and-post era is easier than
ever for many brides as more cos- For Survival
metic brands incorporate techno-
logical advancements and HD- For an independent designer
ready, finely infused ingredients operating in a world of mega-
into their products. brands like Amazon, Zara, Nike
“On your wedding day, strive and H&M, an old maxim may hold
for products offering long wear, the key to survival: United we are
high pigmentation and layering stronger.
capabilities that are smudge- At least that was the thinking
proof, filter or blur and deliver Elizabeth Solomeina applied
photo-ready results while giving when she was struggling to find
you an undetectable, flawless a way to show and sell the jewel-
look,” said Madison Peterson, a ry she designs without spending
senior makeup artist and class fa- huge amounts of money on rent or
cilitator at Sephora. outsourcing her work to various
And practice ahead of time. boutiques.
“Brands are also creating tutori- “I needed a place to sell my
als for brides to watch and learn stuff, I needed a customer base,”
how to master the techniques they JULIA ROTHMAN Solomeina said. “When stylists
want to achieve,” she said, “so that wanted to come over to my studio,
incorporating a specific look is nourishment and hydration — add LIPS Like a beauty magic trick, I would tell them it’s in Brooklyn,
easier and more obtainable.” a bright-eyed finish. $39 Sephora Collection Cream Lip and they would be like, ‘Never
PRIMER Kick-start your premake- BLUSH Blushing brides can do Stain Liquid Lipstick goes on mind.’ ”
up application with Blur Stick by so minus the streaks with Anas- creamy but turns into a silky, “I wasn’t alone,” she said. “I had
Milk; a vegan, silicon and oil-free tasia Beverly Hills Blush Trio, lightweight stain that won’t wipe friends like this, too.”
primer that is lightweight and which comes with finely milled, off for hours. The line recently So in the summer of 2016, she
minimizes pores and fine lines high-pigment two mattes and expanded to 40 shades to easily gathered 34 of them and togeth-
while allowing skin to breathe. $36 one shimmer, created to provide match any color of clothing. $14 er they pitched in funds to open
FOUNDATION Oil-free, long wear- a blendable look called draping; POWDER Hourglass’ Ambient a boutique called Flying Solo
ing (as in 24 hours), full cover- contouring with blush, minus the Lighting Powders can be a bride’s on Mulberry Street in NoLIta.
age, transfer-resistant and water stripes. $30 best facial friend because they Within three months, the group
proof, with an SPF 15, describes BROWS That well-earned, trendy capture, diffuse, blur and soften had expanded to 45 designers. In
Lancôme’s Teint Idole Ultra Wear arch you can achieve is thanks to surrounding light with photolu- June of this year, it grew again,
Foundation. The matte finish slips Benefit’s 24-hour, waterproof ka- minescent technology. $46 adding more than 20 to the ros-
into your skin without making it Brow! eyebrow cream-gel color, SPRAY To keep your visual beau- ter and moving to a two-floor
feel dry or shiny, which on camera buildable color that sculpts and tification in place, and to control shop on West Broadway, on the
can read as oily. Available in 40 defines. $24 excess oil and shine, spritz some same block as Missoni, Aesop and
shades. $47 LASHES For a less-stressful ex- Kristofer Buckle Power Lock DKNY.
UNDER-EYE CONCEALER Swap out perience opt for Make Up For Makeup Setting Spray. The wa- Last Friday, during New York
cold spoons on the eyes with Marc Ever’s Aqua Smoky Extravagant ter-based formula contains rose Fashion Week, the group of 68
Jacobs Beauty Remedy Conceal- waterproof mascara. The brush canina fruit, aloe vera leaf juice, held a two-hour-long presenta-
er Pen. Advanced pigments, pow- uses Tynex fiber which leaves the and algae extract. Even rain won’t tion and runway show in the store,
erful antioxidants, brightening lashes lifted, separated and volu- make your face lose its luminosity. displaying more than 350 looks.
ingredients, coconut water — for mized. $24 $33 ALIX STRAUSS During the presentation, models
in neutral colors showed off jewel-
After the Bachelor Party: Grooms Need Grooming, Too ry and accessories, rotating every
few minutes.
Flying Solo has had help from
Today’s grooms are just as con- al extracts to firm and lift. $6 cornflower for soothing. $36 outside. Early on, Solomeina se-
cerned about how they look on Age-fighting botanicals, paired Jack Black Intense Therapy Lip cured funding from Alex Barnett,
their wedding day and in photos. with cutting-edge skin science, Balm makes a big difference on an investor.
Here are some products to help are found in Baxter of Califor- dry, chapped lips, which can result “A lot of them are really brilliant
them through those likely bouts nia’s Super Shape Skin Recharge from a lack of sleep, dehydration, designers,” he said of Flying Solo’s
of sleepless nights and hangovers. Cream, which moisturizes and or drinking too much of every- members. “It’s a tragedy that the
Ahava Men’s Exfoliating refreshes skin. Vigna extract thing else. Of the eight offerings, brilliance isn’t rewarded.”
Cleansing Gel offers a daily mi- helps cell renewal, soy protein mint is great for circulation and Speaking of the changes in the
cro-scrub gel while it smooths promotes firmness and caffeine encourages natural healing. The retail landscape that have been
skin’s complexion, addresses ex- extract stimulates blood flow and SPF of 25 is a nice bonus. $7.50 spurred by the advent of technolo-
cess sebum and removes dead, rejuvenates the complexion. $36 Used mostly by the film and gy and the expansion of giants like
pore-clogging cells. $21 Thalgo Men Anti-Fatigue TV industry, Mënaji’s HDPV An- Amazon, Zara and H&M, Barnett
Because most men have a Serum for Eyes stimulates mi- ti-Shine Powder offers pixel per- said: “I don’t think change should
thicker epidermis than women, cro-circulation, decongests puffi- fection and high-resolution tech- be feared. It’s creating space for
and produce more sebum, Peach ness and diminishes dark circles. nology. Infused with vitamins C innovation. Independent design-
& Lily’s Superface Cameraman Among the ingredients, Blue Vi- and E to help heal skin, the only ers need to stop working against
Lifting Mask for Men’s silky sheet tal Algae energizes the skin and thing shining on your wedding each other and realize they’re all
offers ultrathin microfiber mesh fights cellular stress and Actiflow day will be the two of you. $38 on the same side.”
that delivers a potent mix of herb- reduces vascular congestion, and ALIX STRAUSS VALERIYA SAFRONOVA


An Underwater Search for a Canadian Air Legend

LAKE ONTARIO, Canada —The marina blueprints were destroyed along with the ma- munity, led by John Burzynski, the chief ex-
here on the northern shore of Lake Ontario, in chines used to make the aircraft. ecutive of the Toronto-based Osisko Mining,
Prince Edward County, had attracted an un- But before production began, the nine test have raised about 850,000 Canadian dollars to
usually large crowd of people and dogs from models were fired off on rockets over Lake pay for the sonar search.
a nearby campground, gawking as a flatbed Ontario from a military artillery range near There had been failed efforts in the past
truck arrived with an autonomous subma- the marina to gauge their flightworthiness. to hunt for the models, each weighing 500
rine, the ThunderFish Alpha. In the decades since the program was pounds and about 12 feet long and 10 feet
The submarine was on a mission — to abruptly dropped, the Arrow’s story has be- wide. The inspiration to try again came out of
search for nine test models of a Canadian leg- come one of Canada’s greatest bits of folklore. a meeting Burzynski had with several other
end, the Avro Arrow supersonic military jet. For a project that was cut down in its prime, Canadian businessmen about 18 months ago.
The jet was designed and built in the 1950s the Arrow has enjoyed a remarkable cultural The Avro Arrow was initiated by a postwar
in what was then the fringes of Toronto. Its afterlife. One museum’s collection boasts a Liberal government and was to have been
delta wings and early electronic flight con- full-size model of the Arrow while another is Canada’s main contribution to Norad, the joint
trols gave it the look of tomorrow. building a flying replica. The hometown of its air defense alliance with the United States.
In 1959, before the plane could enter mili- test pilot has monuments to him and the jet. Powered by two jet engines of a new Canadian
tary duty, the program was scrapped. Their Now members of Toronto’s financial com- design, the Arrow was supposed to swoop up
to Canada’s Arctic at nearly twice the speed of
CROSSWORD Edited by Will Shortz sound and shoot down Soviet bombers mak-
ing their way to North America.
PUZZLE BY JOHN GUZZETTA The Arrow’s cost and its capabilities
ACROSS 40 Prop for Gandalf 1 2 3 4 5 6 7 8 9 10 11 12 doomed its future for any other role or for
1 Interjection 42 “Grease” high sales in other markets, said Erin Gregory, an
derived from school 13 14 15 16
the Latin for 44 Twitter site assistant curator at the Canada Aviation and
“weary” 17 18 19 Space Museum in Ottawa who is working
47 Singer Nicks with Burzynski’s group.
5 Peak 20 21 22
9 Rips off 49 Fight 23 24 25 “The project was overly ambitious,” she
50 Rejoice said. “It was way too much airplane.”
13 Food ___ (post- On Feb. 20, 1959, the Conservative govern-
Thanksgiving 52 Formal term 26 27 28 29 30
meal condition) for the gap ment of Prime Minister John Diefenbaker
suggested 31 32 33 34 killed the program and bought American in-
14 Innocent sort
by 17/18-, terceptor missiles to replace the Arrow.
16 Sal’s canal, in 35/37- and 35 36 37 38 39 Last week, Burzynski’s group found one of
song 54/57-Across
40 41 42 43 the models lying upside down on the rocky
17 & 18 What a 54 & 57 Overextended lake bed. It will be well into next year before a
boastful guy 58 Tiny treasures 44 45 46 47 48 49
might do plan is fully developed to safely lift and stabi-
from the sea 50 51 52 53
20 Wouldn’t settle, 60 Dots in la mer lize the model.
say 54 55 56 57 Joel Shaver, a 44-year-old police officer
62 Language known from Ottawa who has a passion for the plane,
22 Exhibits to its users as 58 59 60 61 was not at the marina the day of the discovery,
23 Condemned but he remains hopeful that an even bigger
62 63 64
25 Save for later find may come one day: an actual Arrow.
63 Way up
26 What comes 65 66 67 “There’s the myth that there’s still one out
before a clue? 64 In addition there, hidden away in a barn or stuck in an un-
27 ___ NFL (video 65 Quit derground bunker somewhere,” Shaver said
game franchise) 3 Become in life 19 Giants’ grp. 41 Gangsters’ wear, laughing, “You never know.” IAN AUSTEN
66 Come ___ in old movies
30 Antarctica’s ___ surprise 4 Fills 21 Early TV network
Ice Shelf competing with 43 Place for a
67 Celebration 5 German cry NBC, ABC and shepherd
31 They’re often 6 Put in one’s two CBS
made at cents, with “in” 44 Centaur who
icebreakers DOWN 23 Most movie was killed by
7 Does sumthing explosions Hercules 620 Eighth Avenue, New York, NY 10018
33 Dr. of verse 1 It’s the law wrong? these days, for •
short 45 Black belt, e.g.
35 & 37 Start of an 2 Something to tie 8 University near Tom Brady, Editor
ethical rule up Greensboro 24 Some Jamaicans, 46 “You betcha!” email: [email protected]
9 Did a dry run 48 Quintet •
ANSWER TO PREVIOUS PUZZLE 28 Job listing abbr. instrument TimesDigest Sales Office
10 Jesse who 51 Weak punch? phone: (212) 556-1200
MO PS PO W E CLAT pitched in a 29 Burrowing fax: (646) 461-2364
South American
record 1,252
IB ET HU ES BR ID E major-league rodent 53 Dickens’s Fagin, email: [email protected]
L EPE TIT DE JE UN ER games e.g.
OS SI E G MA N E LM 11 Demographic 32 Found, as 55 Paris’s Pont ___ •
EI NE KL EI NE DE S statistic Arts For advertising information
SR I E ZR A 34 Most retiring 56 “Toodles!” and to request a media kit
BR IO OL ES EE NI E 12 Faculties 36 ___-mentioned 59 Above capacity, contact InMotion Media:
UN AP OC AD EG RA CI A 15 Cause for a 38 Rising notes? for short phone: (212) 213-5856
TA ME R C UT E M EI R suspension, in email: [email protected]
SL AW ARP brief 39 Dieter’s goal 61 Harden •
HM O N AC HT MU SI K Home delivery subscribers who have
OE D G LU E S HO AL Online subscriptions: Today’s puzzle and more than 9,000 past puzzles, not received TimesDigest should call
TH EL IT TL ET HI NG S ($39.95 a year). (800) 698-4637 or email
ST AI N S LO E R IA A Read about and comment on each puzzle: [email protected]
YA DD A A NN KA NT Crosswords for young solvers:



Half the Sky, a Quarter of the City Council Preventing Next Crash

The Federal Reserve arguably has more
Women have led New York’s City Council — care? He initially thought it was fine to go with influence on the daily lives of Americans than
two of them in a row as speaker — for almost 13 men and no women. any other government agency. In the coming
12 years. Some people may be tempted to say “Women legislators bring with them lived year President Trump has a chance to appoint
it means that female lawmakers in America’s experiences and crucial viewpoints that allow or replace five of the central bank’s seven gov-
largest city finally have a solid grip on political them to identify and take on the unique chal- ernors, including the vice chairman, Stanley
power. It’s a temptation to be resisted. lenges that women face,” the New York wom- Fischer, and possibly the chairwoman, Janet
The reality is that women in New York City en’s caucus aptly said. Yellen.
government struggle to be heard in numbers Women’s light presence in government is The heavy hitters vying for seats are talking
anywhere near their share of the population. not a case of their faring worse than men at the about reforming the Fed, which has been
They fill but 13 of 51 seats — barely 25 percent. ballot box. The CUNY Institute for State and praised for preventing a depression after the
After Tuesday’s Democratic primary races, Local Governance, a research group at the City financial crisis of 2008, but questioned for fail-
there are bound to be fewer of them in the University of New York, found that the sexes ing to anticipate the crisis itself.
Council that convenes in January. win or lose elections nationwide at about the The Fed missed the crisis in part because
Given that Democratic primaries in the city same rates. The issue, the institute said in a re- it has a dual mandate to keep unemployment
are usually the main event and the November port last September, is that women tend not to and consumer price inflation low — and both
general election is an afterthought, there will run for office in the first place. were low before 2008. Real reform would add a
probably be, at most, 12 councilwomen. And Why is that? Some social scientists cite third mandate: maintaining financial stability,
since the current speaker, Melissa Mark-Vi- traditional family arrangements that limit and in particular stabilizing prices for assets
verito, must leave office under term limits, her women’s career choices. Researchers at the like houses and stocks.
position may wind up in male hands. Brookings Institution have found what might To ease the Great Recession after 2008, cen-
Glass ceilings are hardly exclusive to New be called an ambition gap, with women un- tral banks adopted zero to negative interest
York. In the four next largest American cities, derestimating their abilities and chances for rates and provided huge amounts of cash. In
women’s hold on local councils comes, collec- success. It makes them less likely than men to a world with few barriers to the flow of capital
tively, to just over that same 25 percent. even consider seeking public office. across borders, this is spurring buying sprees,
But women in the New York City Council This week’s voting in New York may have re- and thus bidding up prices for stocks, bonds
are sliding backward. A decade ago, they held flected that. Out of the 113 Democrats running and real estate in markets from New York to
18 seats, the most ever. Term limits partly ac- in contested Council districts, only 38 were Shanghai.
count for the decline. Those limits forced some women. Of the 33 districts with Democratic Today, global financial assets are worth over
women to leave, and men ended up being elect- primaries, 11 had not a single woman on the $250 trillion and amount to about 330 percent
ed in their stead. The dwindled numbers im- ballot. (In contrast, two districts had only fe- of global gross domestic product, up from $12
pelled members of the Council’s women’s cau- male candidates; both seats are already held trillion and just 110 percent in 1980. Tradition-
cus to warn in a report last month that “we face by women.) ally, economists have looked for trouble in the
a systemic crisis of representation.” Political parties and advocacy groups, like economy to cause trouble in the markets. But
That the very nature of a legislature can be the recently formed 21 in ’21, need to do their the ocean of money in financial markets is so
shaped by gender balance is self-evident. This utmost to recruit women if there’s to be any large, it’s possible that ripples on its surface
is true on a broad range of issues, but conspic- chance of closing that ambition gap. Getting could trigger the next big downturn.
uously so on matters like child care, maternity young women engaged politically, in college or Since 1990, every major economic shock has
leave and preventive cancer screenings. At even earlier, is especially important. The way been preceded by a collapse in prices for hous-
the federal level, how could heads not shake in things stand, women may hold up half the sky, es, stocks or both.
May when Mitch McConnell, the Senate major- as a saying goes, but politics is proving to be a Even market insiders can’t spot when asset
ity leader, formed his working group on health heavier lift. prices are ready to crash, so skeptics say the
Fed can’t be expected to either. Better to let
Follow Kenya’s Lead on Plastic Bags bubbles pop and “mop up” after. However, the
painfully slow recovery from 2008 shows how
ineffective mess-mopping can be: Losses after
Plastic bags are often used for a few minutes city. In 2015, plastic bags clogging waterways the crash tend to be much bigger than gains on
before enjoying an eternal afterlife, clogging were blamed for flooding that killed at least 150 the way up.
storm drains, stuffing landfills, killing animals people in Accra, Ghana. Central bankers are starting to recognize
who eat them and contributing to the eight More than 40 countries have taxed, limited that when loose monetary policy is driving up
million metric tons of plastic that end up in the or banned plastic bags. By 2019, those bags can asset prices to potentially unstable levels, it
world’s oceans every year. no longer be handed out free in Europe. sows the seeds of a recession and hurts every-
Last month, Kenya took strong action to After England imposed a 5-pence charge on one. But only a minority are prepared to lean
tackle the scourge. Manufacturers and im- plastic bags in 2015, usage dropped 85 percent against the wind now. Asset prices from stocks
porters of plastic bags face fines of $19,000 to in the first nine months. to real estate have never been this expensive
$38,000 or four-year-jail terms. Retailers can In 2014, California became the first Ameri- simultaneously.
no longer sell plastic garbage bags. Shoppers can state to ban plastic bags, and many Amer- In general, government agencies, including
risk having plastic bags confiscated. ican cities have acted to curb plastic-bag use. the Fed, change their ways only after crises.
The ban imposes more difficulties on many The United Nations, which estimates there The big threat is that the Fed will fully commit
Kenyans than just the inconvenience of getting will be more plastic than fish in the world’s to preserving financial stability only after in-
reusable bags. Poor residents of Nairobi rely oceans by 2050 if the world doesn’t act, has stability in the markets has triggered the next
on plastic bags as “flying toilets” in the absence launched a #CleanSeas campaign to eliminate crisis. Trump should be looking for governors
of a functioning sewage system and of public the use of plastic microbeads and single-use who are willing to commit now.
toilets that don’t charge a fee. plastic bags by 2022. RUCHIR SHARMA, author of “The Rise and Fall
These waste-filled bags clog trenches lead- Kenya and more than 40 other countries are of Nations: Forces of Change in the Post-Crisis
ing to the Nairobi River and have been blamed acting now to help meet this goal. There is no World,” is the chief global strategist at Morgan
for the flooding that regularly menaces the excuse for the rest of the world to wait. Stanley Investment Management.


White House Calls Remarks a ‘Fireable Offense’ In Brief

ESPN elicited a rebuke from a the comments were a “fireable of- was declining because it had
White House official on Wednes- fense.” adopted a liberal slant. In Au- Ronaldo and Kane
day in response to a series of ESPN said in a statement Tues- gust, ESPN pulled an announcer Each Score Twice
Tweets posted by a “SportsCen- day that Hill’s comments “do not named Robert Lee from broad-
ter” host. represent the position of ESPN.” casting a University of Virginia Cristiano Ronaldo scored twice
Jemele Hill, Hill took her normal place be- football game in Charlottesville, as Real Madrid opened its bid
who co-hosts hind the “SportsCenter” desk just days after a protest by white for a third straight Champions
the 6 p.m. Wednesday. She did not address supremacists over the removal of League title with a 3-0 win on
“SportsCen- her tweets or the White House a statue of the Confederate gener- Wednesday over the Cypriot
ter” program, comment. al Robert E. Lee. club Apoel. The game, in Madrid,
called Presi- ESPN, criticized by conserva- The network has reoriented was Ronaldo’s was first game
dent Trump a tives for what they see as liberal its programming more toward since he was suspended from
white suprem- editorializing, was a lightning rod opinion and debate, encouraging
Jemele Hill acist on Twit- in a political clash. The issue was some hosts to veer from sports. domestic competition for shoving
ter on Monday, explored on two programs on Fox Hill’s “SportsCenter” often mix- a referee in the Spanish Super
Cup final last month. The Madrid
adding: “Trump is the most igno- News, “Tucker Carlson Tonight” es sports with social and cultural coach, Zinedine Zidane, said,
rant, offensive president of my and “Fox & Friends.” topics. Hill and her co-host, Mi- “With a bit more luck today he
lifetime. His rise is a direct result In May, after ESPN laid off chael Smith, who are both black,
of white supremacy. Period.” about 100 employees, some con- frequently discuss black culture could have scored four.” Harry
Sarah Huckabee Sanders, the servative commentators claimed — uncommon for an ESPN show. Kane also chipped in two goals
White House press secretary, said that ESPN’s financial position KEVIN DRAPER as Tottenham defeated Borussia
Dortmund, 3-1, in London, while a
Yankees Say Goodbye to Citi Field With a Victory defender, John Stones, surprised
with two goals in Manchester
City’s 4-0 road rout of the Dutch
With 17 games left in the sea- conversation. kee was a factor in his mood. club Feyenoord. (AP)
son, a wild-card berth appearing Betances was yanked in favor “I’m not going to sit here and lie
likely and the American League of Aroldis Chapman with a run- to you that getting a win person- AMERICAN LEAGUE
East title still very much in play, ner on and two out in the eighth ally is a nice thing, but that’s not
Yankees Manager Joe Girardi has inning, immediately after an im- key,” he said. “The main goal right TUESDAY’S LATE GAME
Houston 1, L.A. Angels 0
made his position clear: Given the pressive strikeout of Logan Mor- now is to help this team win ball- WEDNESDAY
choice between making friends or rison. games to go to October.” Cleveland 5, Detroit 3
winning ballgames, he will opt for It remains to be seen how long Asked if he believed he had Yankees 3, Tampa Bay 2
the latter every time. Garcia’s displeasure with his Girardi’s full confidence, Garcia Chicago White Sox 5, Kansas City 3
Showing a quicker hook than manager will stick around. But it said: “I really don’t pay attention Baltimore 2, Toronto 1
Joe Frazier, Girardi did not do was clear nearly an hour after the to that.” Oakland 7, Boston 3
Seattle 8, Texas 1
much to strengthen his personal game that Garcia was still ran- But when asked if what hap-
relationships with pitchers Jaime kled by Girardi’s decision to not pened on the field on Wednesday NATIONAL LEAGUE
Garcia and Dellin Betances on allow him to face Evan Longoria would affect him in his next start,
Wednesday. But Girardi certainly for a third time in the game, even Garcia betrayed a trace of doubt. TUESDAY’S LATE GAMES
Philadelphia 9, Miami 8, 15 innings
helped bolster his team’s playoff though Garcia had retired him in “I’ll be ready to go,” he said. “If Milwaukee 5, Pittsburgh 2
chances, carefully nursing Garcia his previous at-bats. there is a next start.” Chicago Cubs 8, Mets 3
and four relievers through a tense It was still no win for Garcia, Girardi said there would be, Minnesota 16, San Diego 0
3-2 victory over the Tampa Bay who is 0-2 in six starts as a Yankee even though Garcia has allowed St. Louis 13, Cincinnati 4
Rays at Citi Field. since being acquired in a trade 50 base runners in 29⅓ innings WEDNESDAY
Atlanta 8, Washington 2
Garcia refused to make eye with the Minnesota Twins on July and has yet to complete six in- Philadelphia 8, Miami 1
contact as Girardi came out to get 30. He acknowledged that want- nings as a Yankee. Milwaukee 8, Pittsburgh 2
him. Then came an intense dugout ing to earn his first win as a Yan- WALLACE MATTHEWS Cincinnati 6, St. Louis 0
WEATHER Houston 86/ 68 0 92/ 71 S 91/ 73 PC Cape Town 63/ 48 0 66/ 54 S 63/ 54 Sh
Kansas City 85/ 59 0 86/ 65 S 88/ 70 S Dublin 57/ 46 0.08 58/ 47 PC 57/ 46 PC
High/low temperatures for the 21 hours ended at 4 p.m. Los Angeles 78/ 67 0 75/ 64 Sh 75/ 64 Sh Geneva 68/ 46 0 63/ 41 R 63/ 44 Sh
yesterday, Eastern time, and precipitation (in inches) for Miami 91/ 80 0.01 90/ 79 T 90/ 78 PC Hong Kong 92/ 82 0.04 91/ 81 S 90/ 81 PC
the 18 hours ended at 1 p.m. yesterday. Expected condi- Mpls.-St. Paul 86/ 64 0 89/ 69 PC 87/ 68 PC Kingston 91/ 82 0.02 90/ 78 PC 90/ 79 PC
tions for today and tomorrow. New York City 83/ 64 0.06 78/ 66 T 80/ 66 C Lima 65/ 60 0 66/ 59 C 67/ 61 C
Weather conditions: C-clouds, F-fog, H-haze, I-ice, Orlando 89/ 71 0 89/ 73 T 89/ 73 T London 64/ 55 0.15 63/ 45 Sh 59/ 47 PC
PC-partly cloudy, R-rain, S-sun, Sh-showers, Sn-snow, SS- Philadelphia 75/ 63 0.08 81/ 65 T 82/ 67 C Madrid 88/ 55 0 86/ 58 PC 73/ 50 PC
snow showers, T-thunderstorms, Tr-trace, W-windy. Phoenix 106/ 87 0 100/ 75 S 96/ 74 S Mexico City 75/ 52 0 70/ 55 PC 75/ 57 PC
Salt Lake City 87/ 69 Tr 81/ 57 PC 66/ 49 C Montreal 79/ 57 0 80/ 58 S 79/ 59 PC
San Francisco 74/ 65 0 72/ 59 PC 74/ 59 PC Moscow 73/ 54 0.01 62/ 57 Sh 71/ 50 R
Yesterday Today Tomorrow Seattle 71/ 53 0 73/ 52 PC 75/ 52 S Nassau 93/ 79 0.02 91/ 78 PC 91/ 81 PC
Albuquerque 91/ 64 0 87/ 61 PC 85/ 58 S St. Louis 76/ 63 0 87/ 65 S 90/ 68 S Paris 64/ 57 0.40 61/ 48 Sh 60/ 47 Sh
Atlanta 75/ 60 0 80/ 66 S 83/ 67 PC Washington 80/ 67 Tr 80/ 66 T 83/ 68 C Prague 63/ 48 0.06 59/ 46 R 59/ 45 PC
Boise 87/ 66 0 73/ 49 PC 66/ 42 C FOREIGN CITIES Rio de Janeiro 79/ 64 0 88/ 70 S 90/ 68 S
Boston 78/ 64 0 81/ 65 PC 76/ 64 C Rome 76/ 59 0 76/ 64 PC 78/ 65 PC
Buffalo 79/ 55 0 74/ 62 Sh 77/ 61 PC Yesterday Today Tomorrow Santiago 63/ 46 0 60/ 38 PC 68/ 41 S
Charlotte 81/ 55 0 81/ 62 PC 83/ 64 PC Acapulco 86/ 75 0.88 85/ 77 R 88/ 79 R Stockholm 61/ 50 0.12 57/ 48 T 58/ 46 T
Chicago 75/ 56 Tr 80/ 63 PC 85/ 66 S Athens 93/ 72 0 90/ 74 S 89/ 72 S Sydney 91/ 64 0 64/ 53 PC 71/ 55 PC
Cleveland 83/ 66 0 75/ 59 Sh 78/ 59 PC Beijing 87/ 65 0 86/ 63 C 85/ 61 C Tokyo 87/ 75 0 80/ 68 Sh 77/ 67 PC
Dallas-Ft. Worth 90/ 62 0 96/ 73 S 93/ 74 S Berlin 68/ 46 0.30 60/ 48 Sh 63/ 46 PC Toronto 77/ 54 0 79/ 59 C 79/ 58 S
Denver 90/ 64 0.01 87/ 56 PC 83/ 48 S Buenos Aires 66/ 43 0 70/ 46 S 60/ 46 PC Vancouver 67/ 55 0.02 70/ 51 S 70/ 53 S
Detroit 76/ 59 0.02 76/ 58 PC 79/ 60 PC Cairo 98/ 79 0 93/ 74 S 92/ 74 S Warsaw 66/ 54 0 66/ 48 C 61/ 49 PC


Ho-Hum: The Cleveland Indians Make It 21 Wins in a Row

The Cleveland Indians set numerous these days. The Indi-
an American League record on ans have hit 41 home runs during
Wednesday by winning their 21st the streak, including a three-run
consecutive game, becoming one blast by Jay Bruce on Wednes-
of just three major league teams to day, compared to the nine that the
go that long without a loss in the Cubs hit 82 years ago. Meanwhile,
last 101 years. And if you measure the Indians batters have struck
streaks in terms of dominance, out 141 times in their streak com-
they may already be on top. pared to only 57 for the Cubs.
The 5-3 victory over the Detroit On the pitching side, the Indi-
Tigers puts the Indians in the ans pitchers have struck out 193
class of the 1935 Chicago Cubs, batters while the Cubs’ opponents
who also won 21 straight, and the fanned just 91 times.
1916 New York Giants, who went The question going forward for
26 straight games without a loss. the Indians will be what this streak
The Indians can surpass the means for the postseason. As any
1935 Cubs’ winning streak on fan of the Los Angeles Dodgers can
Thursday night, when they host JASON MILLER/GETTY IMAGES tell you, dominance can be fleeting.
the Kansas City Royals. Nearly 30,000 fans celebrated in Cleveland as Cody Allen That team was 91-36 on Aug. 25,
Cleveland has not lost since (37) closed out a 5-3 victory over Detroit on Wednesday. but has gone 2-16 since, entering
Aug. 23, and along the way has Wednesday night’s game against
outscored its opponents by an the San Francisco Giants.
incredible 106 runs. For compari- in a 20-game spree. Cubs’ 137, and the Indians having So for the Indians, who lost the
son, the 1935 Cubs outscored their Comparing the streaks of the 226 hits compared to the Cubs’ 227. World Series in dramatic fashion
opponents by 86 runs during their Cubs and the Indians paints a por- But that is where things start to last season and have not won a
21-win streak, and the 2002 Oak- trait of two wildly different eras of break away in terms of statistics. title since 1948, the biggest objec-
land Athletics, whose A.L. record baseball. There are some striking Perhaps the most stark differenc- tive will be to avoid a letdown just
the Indians have broken, out- similarities, like the Indians scor- es are in home runs and strike- as the postseason arrives.
scored their opponents by 76 runs ing 139 runs so far compared to the outs, both of which are far more BENJAMIN HOFFMAN

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