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Published by it, 2017-12-09 06:24:31


December 9th 2017

Sat Dec 09 Sun Dec 10 Mon Dec 11 Tues Dec 12 Wed Dec 13

Mostly Sunny Partly Cloudy Partly Cloudy Mostly Sunny Mostly Sunny

83° High 83° High 83° High 84° High 82° High

65°Low 64°Low 63°Low 62°Low 62°Low

Humidity: Humidity: Humidity: Humidity: Humidity:

65% 69% 69% 57% 58%



Fitness Class Schedule
Fitness Center 6 am – 9 pm daily
Each of our cardio stations is equipped with a
television. We supply headphones, towels and A visit to the Spa at Hacienda Beach Club and Residences is a journey into a world of
bottled water for your visit. Maintain your fitness sensation, beauty and balance. The Spa’s serene desert garden environment creates an
regimen or start a new one with guidance from our atmosphere of luxury with a sense of place and invites guests to relax while restoring a
personal trainers! connection with the natural rhythms of life. Poised amid the historic architecture and
traditional decor of Hacienda, and the vibrant colors and textures of Cabo San Lucas,
Fitness Class Schedule the Spa offers a peaceful haven for physical, mental, and emotional renewal.

Yoga: 8:00 am-9:00 am
Glutes, Abs and Legs: 9:30 am- 10:30 am
An enhancement of the Swedish
Tuesday, December 05 massage experience featuring a
Spinning: 8:00 am – 9:00 am delicious blend of cinnamon,
Reformer Pilates: 10:30 am– 11:30 am clove and orange essentials oils
and Pumpkin Spice
Wednesday, December 06
Aromatherapy. Ease tension,
Boot Camp Training: 8:00 am- 9:00 am relieve pain and achieve
Yoga: 10:00 am-11:00 am
complete relaxation, leave you
Thursday, December 07 ready for the upcoming
Glutes, Abs and Legs: 9:00 am–10:00 am fall season¡
Mat Pilates: 10:30 am- 11:30 am 50min. - $115 USD + TAX
80min. - $160 USD + TAX

Friday, December 08
Functional Training: 8:00 am- 9:00 am PUMPKIN WALNUT BODY SCRUB
Spinning: 9:30am – 10:30am
Reformer Pilates: 11:00 am - 12:00 pm A delicious, fragrant fall

Saturday, December 09 treatment. The Pumpkin Walnut
Body Scrub designed to gently
Core Strength & Stretch: 8:00 am - 9:00 am
Yoga: 10:00 am – 11:00 am remove keratinized dead skin cells
and rejuvenate skin texture. The
Sunday, December 10
moisture Mask softens the top layers of skin leaving a younger smoother
Boot Camp Training: 8:00 am- 9:00 am
skin with illuminated complexion
Spinning: 9:30am – 10:30am

50min. - $130 USD + TAX
Private classes 80min. - $160 USD + TAX
Hacienda Spa offers personal training classes
upon request.

Spa Café
The Hacienda Spa Café is available daily serving a selection of healthy

snack foods, beverages and freshly made smoothies. Let the Café create
a smoothie to your taste, or choose from our Smoothie menu. The Café
HACIENDA SPA offers wifi service. Adjacent to the Spa Café you can practice and
Daily 7:00 am – 7:00 pm0 improve your golf game on the putting green. Putters and golf balls are
available at the Spa Café.
Rejuvenate your Body
Replenish your Soul Daily from 7:00 am to 3:00 pm


November 1st – December 25th, 2017.

Club Campestre
Green Fee Cabo Real Puerto Los Cabos
San José

-18 Holes $245.00 $200.00 $190.00 $150.00 $275.00 $220.00
-Early Twilight 12:00p $200.00 $160.00 $160.00 $130.00 $220.00 $175.00
-Twilight 1:30p $175.00 $140.00 $135.00 $110.00 $195.00 $155.00
Includes Food & Beverages

(After 11:00 am) $660.00 $500.00 $740.00
Rates per foursome Includes Food & Beverages


$360.00 USD $495.00 USD $775.00 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-
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*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.

Important news for important people Volume 3025 Saturday December 09, 2017
International Business Sports
India’s opposition Congress was un- The US economy continued to see ro- New Orleans Saints quarterback Cabo San Lucas
der fire Friday after a senior figure bust job creation in November, with Drew Brees has become the latest Blustery
used a Hindi slur to describe Prime strong gains in manufacturing, health player to slam the NFL’s Thursday Sunrise: 6:48 AM
Minister Narendra Modi, forcing it care and construction, the govern- fixtures after a slew of team-mates Sunset: 5:35 PM
into damage control mode... P.2 ment reported Friday... P.3 suffered injuries in his... P.5 Humidity: 46% 71-78 F

“The president in his statement... did not indicate any final status for Jerusalem” New outbreaks
Tillerson: Jerusalem embassy move probably not for 2 years Winds whip California
fires as they spread south
Jean-Yves Le Drian. Listing the steps Unrelenting winds fanned towering
involved in moving the embassy from flames Friday in southern California,
Tel Aviv, Tillerson said the United where hundreds of thousands of peo-
States needed to acquire a site, de- ple have been forced to flee multiple
velop plans, receive congressional devastating fires in the Los Angeles
authorisation for the spending “and area and new outbreaks near San Di-
then actually building the embassy”. ego.
He reiterated that the move was not Hundreds of structures including
intended to prejudge the outcome of multi-million dollar mansions have
future peace talks between Israel and been destroyed as thousands of fire-
the Palestinians. fighters battle wind-fueled wildfires
“The president in his statement... on six different fronts.
did not indicate any final status for Black smoke billowed through the
Jerusalem. In fact he was I think very region, gagging residents who ven-
clear that the final status, includ- tured outdoors.
ing the borders, would be left to the Since erupting in Ventura county
parties to negotiate and decide,” he late Monday, the so-called Thomas
added. fire has ravaged 132,000 acres, an
His remarks came as the fallout area nearly triple the size of Washing-
from President Donald Trump’s deci- ton DC.
sion to unilaterally recognise Jerusa- With gusts of up to 60 miles per
US Secretary of State Rex Tillerson (Photo AFP) lem as Israel’s capital -- renouncing hour, the turbulent Santa Ana winds
US Secretary of State Rex Tillerson next year, but the president does want nearly seven decades of US foreign whipped the fire on Friday, spitting
said Friday that the relocation of us to move in a very concrete and policy -- continued to reverberate, with embers and creating “extreme fire
the US embassy to Jerusalem would steadfast way to ensure the embassy Palestinians staging a “day of rage”. danger.”
probably not take place for at least is located in Jerusalem when we’re Tillerson also met President Em- Despite the fires’ intensity, authori-
two years. able to do so, at the earliest possible manuel Macron, who has joined a ties have reported only one fatality
“This is not something that is going time,” Tillerson said after talks in host of world leaders in condemning so far, an unidentified person whose
to happen this year or probably not Paris with French Foreign Minister the move. body found overnight, according to
Tim Lohman of the Ventura County
“Singer forced him into acts of oral and anal sex” Sheriff’s Office.
Further south in San Diego county
‘X-Men’ director accused of sexually assaulting a minor the “Lilac” fire was ballooning at a
Hollywood director Bryan Singer, producer, saying “he could help Ce- lawyer who also represents Kadian dangerous rate, charring more than
best known for his four successful sar get into acting as long as Cesar Noble, one of Weinstein’s alleged 4,000 acres after igniting Thursday
“X-Men” movies, has been accused never said anything about the inci- victims. morning and triggering a new wave
in a lawsuit of sexually assaulting a dent.” Singer then allegedly “told Ce- Singer, 52, had been accused of of evacuations as it encroached on the
17-year-old boy in 2003. sar that no one would believe him if similar behavior with underage teens university town of Santa Barbara.
According to court documents filed he ever reported the incident, and that in two earlier legal cases that were The plumes of smoke and flame
Thursday in Seattle, in the northwest- he could hire people who are capable eventually dropped. left at least four people in the area in-
ern state of Washington, Singer is of ruining someone’s reputation.” In 2014, an aspiring actor named jured from burns or smoke inhalation.
accused of sexually assaulting Cesar In a statement released by Singer’s Michael Egan sued Singer, claim- Flames also claimed the lives of
Sanchez-Guzman during a party on a lawyer to US entertainment media, ing that the director had sexually as- more than two dozen racehorses after
yacht owned by one of the director’s the director “categorically denies saulted him. The case was eventually tearing through eight barns at the nor-
wealthy friends. these allegations and will vehemently dropped, and Egan pleaded guilty to mally serene San Luis Rey training
Singer offered to give the teen a defend this lawsuit to the very end.” fraud in an unrelated case. center, where some 500 horses were
tour of the yacht, then allegedly lured This latest allegation comes in Egan was also represented by Her- stabled, the California Horse Racing
him into a room, “shut the door and the wake of the Harvey Weinstein man -- the lawyer who is working on Board said in a statement.
demanded that Cesar perform oral scandal which broke in October, un- the Sanchez-Guzman case. Firefighters, meanwhile, got some-
sex,” the court filing reads. leashing a flood of sexual harassment An earlier case in 1997 named thing of a handle on the Skirball fire,
When the youth refused, “Singer accusations against big-name per- Singer as a defendant in lawsuit by which had spewed rivers of flames
forced him into acts of oral and anal sonalities in the world of entertain- a 14 year old who claimed he was over 500 acres in the densely popu-
sex.” After the incident, Singer alleg- ment, news and politics. The case is forced to strip naked while filming lated area of Bel Air, producing apoc-
edly approached Sanchez-Guzman being handled by a team of attorneys a shower scene. That case was also alyptic scenes as the inferno engulfed
and told him he was a Hollywood in collaboration with Jeff Herman, a dropped. entire hillsides.

Page 2 Saturday December 09, 2017
Popular street festival Aiyar was forced to apologise within hours and was also suspended from Congress
Germany’s Love Parade or- Congress slur on India’s Modi backfires ahead of key election
ganisers on trial over deaths
Organisers of Germany’s 2010 Love India’s opposition Congress was un-
Parade went on trial on Friday for der fire Friday after a senior figure
their alleged roles in the deaths of 21 used a Hindi slur to describe Prime
young people during a catastrophic Minister Narendra Modi, forcing it
stampede at the popular street festi- into damage control mode ahead of a
val. key state election.
Four staff members from the event Party veteran Mani Shankar Aiyar
company Lopavent and six officials used the word “neech” which loosely
from Duisburg city, in western Ger- translates as vile, low class and in ex-
many, face charges of negligent man- treme cases pervert, while speaking
slaughter and bodily harm over the to a TV reporter on Thursday, spark-
disaster. ing widespread social media outrage.
Thirteen women and eight men The comment came ahead of a vi-
were crushed, trampled to death or tal test of popularity for Modi after a
suffocated on July 24, 2010 when series of controversial economic re-
panic broke out in a narrow tunnel forms when Gujarat -- the state where
that served as the only entrance and he forged his political career -- goes
exit to the techno music event. to the polls on Saturday.
More than 650 people were also Modi, campaigning in Gujarat
injured in the stampede that saw where his right-wing Bharatiya Jana-
victims squashed against fences and ta Party is locked in an intense battle
walls. with Congress, seized on Aiyar’s re- Indian Prime Minister, Narendra Modi (Photo AFP)
The long-awaited trial is one of marks, urging voters to show their if it has some other meaning then I (tea boy). The BJP routed Congress
the largest criminal cases Germany response through their vote. apologise,” he said in comments and stormed to power. Modi has used
has ever seen, with the accused being “I have nothing to say on a ‘wise’ which drew more ridicule for his the “chai walla” jibe to his advantage,
represented by 32 lawyers while sur- Congress leader calling me ‘Neech’. “elitist mindset”. using the term to identify himself
vivors and victims’ relatives, acting This is the Congress mindset. They Zafar Sareshwala, a university with India’s millions of poor as he
as co-plaintiffs, have enlisted nearly have their language and we have chancellor, wrote on Twitter that call- seeks a re-election in 2019.
40 lawyers. our work. “People will answer them ing Modi ‘neech’ is “actually an in- And in public addresses he routine-
The scale of the trial and the huge through the ballot box,” Modi tweeted. sult to the millions in the country who ly derides Congress campaign front-
public interest forced court officials Aiyar was forced to apologise have come up to the positions of emi- man Rahul Gandhi -- the man likely
to move the proceedings to a conven- within hours and was also suspended nence only due to their hard work”. to challenge Modi for the premier-
tion hall in nearby Duesseldorf that from Congress, which denounced the The Cambridge-educated Aiyar ship -- as a “shahzada” or prince. The
can seat 500 people. “tone and language” used. also caused a storm before Modi’s Harvard-educated Gandhi is the son of
One of the stampede survivors, Re- Aiyar said that “I meant low level 2014 national election triumph when current Congress leader Sonia Gandhi
becca Doll, said she hoped the legal when I said ‘neech’,” adding that he mocked the BJP leader, whose fa- and former prime minister Rajiv Gan-
proceedings would help those trau- Hindi was not his mother tongue. “So ther ran a tea stall, as a “chai wallah” dhi who was assassinated in 1991.
matised by the tragedy find closure.
“It never should have happened,” “There was a ban on weapons imports and these weapons were used to commit war crimes”
the young woman told NTV televi-
sion at the court. Dutch want arms dealer’s extradition after S.Africa arrest
“I just want those responsible to Dutch prosecutors are requesting the treatment and lucrative contracts for dent Samuel Doe, which deteriorated
face up to what they did... so that extradition of convicted Dutch arms his logging business, in violation of a into one of Africa’s bloodiest con-
those people did not die in vain.” dealer Guus Kouwenhoven, arrested UN arms embargo. flicts. He was elected Liberia’s presi-
The trial almost never saw the light in South Africa on Friday, to serve a “There was a ban on weapons im- dent from 1999 to 2003, when he also
of day after a regional court in 2016 19-year sentence for his role in Libe- ports and these weapons were used to supported Revolutionary United Front
dismissed the charges against the 10 ria’s bloody civil war. commit war crimes,” in Liberia and rebels in neighbouring Sierra Leone.
suspects, citing of a lack of evidence. “This morning shortly after eight Guinea, Dutch attorney-general Cara The Sierra Leone civil war claimed
The decision enraged victims’ o’clock local time, Interpol South Af- Pronk-Jordan told the NOS public 120,000 lives between 1991 and
families who have long blamed or- rica arrested Guus K. at his home in broadcaster. 2002.
ganisers for the event’s chaotic crowd Cape Town,” the Dutch public pros- “He made a camp available where The owner of two of the biggest
management. ecution service said. weapons were supplied to the front- lumber companies in Liberia, Kou-
A Duesseldorf appeals court over- “The Netherlands requested his ex- lines and supplied personnel to join wenhoven was close to Taylor and in
turned the ruling this year, finally al- tradition following his conviction to the fight,” she said. his initial case was sentenced to eight
lowing the trial to go ahead. a prison sentence of 19 years,” by a Dutch judges at the time of Kou- years in prison in June 2006, but was
Prosecutors intend to argue that or- Dutch court in April, the prosecutors wenhoven’s conviction added his freed on appeal in March 2008.
ganisers failed in their duty of care by said in a statement. business interests were “entangled In April 2010, the Dutch Supreme
only providing a single access path The Dutch businessman appeared with the political, financial and pri- Court overturned his acquittal, ruling
that was too narrow to handle the in a Cape Town court on Friday after- vate interests of Charles Taylor”. that the appeal judges had not given
hundreds of thousands of revellers. noon, where his case was remanded Taylor, a former warlord, sparked a sufficient reason for not hearing the
In their 556-page indictment, they until Tuesday for a bail application. 13-year civil war in his country when testimony of two new anonymous
accuse the suspects of “serious errors Kouwenhoven looked tired and he led a rebellion in 1989 to oust Presi- prosecution witnesses.
in planning and authorising” the fes- wore a striped blue shirt and jeans
tival and of lax safety measures. in court as his lawyers argued that
If convicted, the accused face up to he was suffering from pneumonia
five years in prison. and that there were concerns for his
It is unclear how long the trial will health.
last but a verdict has to be reached by He will be kept behind bars at a
July 2020 to fall within the statute of Cape Town police station until his
limitations. Love Parade founder DJ next appearance, South African me-
Dr. Motte said he wanted the trial dia reported.
to “shed full light” on how exactly Kouwenhoven, 75, was found
the disaster could have happened guilty of delivering weapons to the
but expressed frustration at the tick- regime of ousted Liberian strong-
ing clock. “It puts huge pressure on man Charles Taylor between 2000
things,” he told DPA news agency. and 2003 in return for preferential

Page 3 Saturday December 09, 2017
Employers added 288,000 new positions last month compared to October Wall Street Indexes
US adds 228,000 jobs in November, unemployment steady at 4.1% Dow Jones 24,329.16 + 0.49%
+ 0.40%
S&P 2,651.50 + 0.55%
International Stock Indexes
The US economy continued to see ro- In addition, average hourly earn- elsewhere there were signs employ- Australia 5,994.368 + 0.28%
bust job creation in November, with ings rose 0.2 percent for the month ers have begun to dig deeper in to the Frankfurt 13,153.70 + 0.83%
strong gains in manufacturing, health to $26.55, a weaker increase than pool of available workers in order to Italy 22,773.80 + 1.40%
care and construction, the govern- expected. Earnings are up 2.5 per- fill open positions. London 7,393.96 + 1.00%
ment reported Friday. cent over the last 12 months, keeping The number of people working Madrid 10,321.10 + 0.57%
Employers added 288,000 new wages ahead of inflation. part time but who wanted to work Paris 5,399.09 + 0.28%
positions last month compared to Oc- President Donald Trump has full time has fallen by 858,000 over Tokyo 22,811.08 + 1.39%
tober, far more than economists ex- vowed to add 25 million new jobs the last 12 months, according to the Toronto 16,096.07 + 0.50%
pected, while the unemployment rate over a decade, in large part by revi- report. Latin-American Stock Indexes
held steady at 4.1 percent. talizing manufacturing sector while Those marginally attached to the Bogota 1,449.35 + 0.22%
The result showed employers were enacting a pro-growth agenda of tax labor force, who are neither work- Buenos Aires 26,841.50 + 1.40%
still eager to fill openings even as the cuts, slashed regulation and aggres- ing nor looking for jobs, had dropped Lima 19,232.22 - 0.05%
world’s largest economy approaches sive trade policies. 451,000 in the past year. Mexico 47,572.86 + 1.25%
full employment. However, economists say that And so-called discouraged work- Panama
The surge in employment was sure target is unrealistic in an economy ers, a subset of the marginally at- Santiago 4,887.16 - 0.02%
to be a factor pushing the Federal Re- at full employment with an ageing tached who do not believe they can Sao Paulo 72,731.84 + 0.34%
serve to raise interest rates next week work force. Manufacturers added find work, had dwindled by 122,000 Venezuela 1,292.520 - 3.19%
at its final meeting of the year, as 31,000 jobs in November, continuing from a year earlier. Most Active Stocks
markets overwhelmingly expect. the steady increase of the past seven With Congress about to enact a 3M Co 238.13 - 0.90%
But despite the strong result, the re- years, and pushing the total to its sweeping overhaul of the US tax code Alcoa 41.4 + 1.97%
port showed some signs the US jobs highest level since January 2009. which Republican lawmakers say Amex 98.55 - 0.03%
engine has cooled in recent months. The health care sector, added will stimulate the economy, econo- AT&T 36.73 + 1.55%
Average job creation this year has 30,000, but so far this year the mists caution that a red hot US labor B. of America 29.05 + 0.94%
been far slower than in 2016, when monthly average in health care has market is poised to see unemploy- Boeing 285.9 + 1.39%
it was 187,000 a month. Over the last slowed to 24,000 positions from the ment fall below four percent -- for Caterpillar 143.86 + 0.68%
three months, the average had slowed 2016 average of 32,000. the first time since December 2000 Chevron 119.92 + 0.24%
to 170,000, below the rate so far this The labor force participation rate -- which could spur the Fed to raise Cisco Systems 37.61 + 0.56%
year of 174,000. was unchanged at 62.7 percent but interest rates even faster. Coca Cola 45.31 - 1.03%
The techniques have drawn the attention of security researchers
Exxon Mobil 82.66 + 0.13%
‘Grinch bots’ may steal Christmas by snatching up prized toys General Electric
If no one comes to the rescue, an on- sumer advocates and a US senator. bots to snap up popular toys even be- H.P. 21.07 + 0.48%
line army of “Grinch bots” may end “Grinch bots cannot be allowed to fore they are meant to be available for Home Depot 183.41 + 0.77%
up spoiling Christmas for many kids steal Christmas, or dollars,” Senator purchase. IBM 154.81 + 0.81%
by using automated software to scoop Charles Schumer said in a recent re- Some of the practices were high- Intel 43.35 + 0.63%
up prized toys and other sought-after lease. “It’s time we help restore an even lighted last month by Omri Iluz, Johnson & Johnson 140.59 + 0.41%
items for big profit. playing field by blocking the bots.” founder and chief executive of web JPMorgan 105.93 + 1.25%
The bots -- yes, the same kinds of Schumer sent letters to the US Na- defense firm PerimeterX. Kraft Heinz Co 78.48 - 1.11%
automated programs that spread politi- tional Retail Federation and the Retail Scalper bots relentlessly check re- McDonalds 173.15 + 0.14%
cal propaganda and manipulate opin- Industry Leaders Association calling tail websites planning sales on hot toys Merck & Co 55.57 + 1.46%
ion on social media -- can use super- on them to investigate and thwart dis- to determine if pages go live a few Microsoft 84.16 + 2.02%
fast technology to snatch up popular honest software cheating consumers. seconds ahead of schedule, according Pfizer 35.74 + 0.68%
electronics, dolls, toys and sneakers The trade groups did not respond to to Iluz. “There is simply no competi- Procter & Gamble 90.37 + 0.30%
when they are deeply discounted, and AFP requests for comment. tion between a bot and even the most Travelers Cos 133.75 + 0.19%
then resell them with a huge markup. The bots have come into the lime- organized human. The bot will poll the United Tech. 122.81 + 0.33%
The techniques have drawn the at- light after researchers discovered site hundreds of times per second, tire- Verizon 51.09 + 1.33%
tention of security researchers, con- “scalpers” commanding armies of lessly waiting for the sale to start.” Wal-Mart 96.55 - 0.24%
Walt Disney 104.23 - 0.18%
“The sell-off will probably end when all the facts are on the table -- and those facts are going to take a while”
Retail giant Steinhoff rocked by accounting scandal
South Africa-based German-listed re- ropean summer, according to German Credit ratings agency Moody’s ro hole in the accounts. South Africa’s
tail giant Steinhoff had been a darling media. Late on Tuesday Steinhoff’s slashed Steinhoff’s credit rating Business Day newspaper describes
of fund managers with its eclectic, Frankfurt-listed shares were chang- by four notches, below investment Steinhoff as a “nest of interrelated
sprawling, consumer-focused empire ing hands for three euros a piece but grade to junk -- and warned that fur- manufacturers and retailers”.
with outposts in 30 countries. by the market open on Friday they ther downgrades could follow. “The British Daily Mail City Editor
Its businesses include British high had slumped to 38 cents. downgrade of Steinhoff’s ratings and Alex Brummer wrote that “even by
street discounter Poundland, France’s “The sell-off will probably end review for further downgrade reflect the standards of recent share price
Ligue 1 sponsor Conforama and Pep when all the facts are on the table the uncertainties,” the agency said. bloodbaths, the 60 percent fall in the
Africa, which runs the continent’s -- and those facts are going to take a At the heart of the crisis raging at value of Steinhoff International is
largest clothing factory. while,” Johannesburg-based econo- Steinhoff is a reported six billion-eu- exceptional”.
But on Wednesday the music mist Mike Schussler told AFP.
stopped when Steinhoff revealed it In an attempt to stem the rout and
was under criminal and tax investiga- reassure the market, Steinhoff an- Foreign Exchange
tion in Germany over suspicions of nounced on Thursday that it would
accounting irregularities and that its sell one billion euros ($1.17 billion) EURO USA CAN UK AUS SWISS H.KONG JAP
chief executive, Markus Jooste, had of assets to bolster liquidity. EURO - 1.17 1.52 .87 1.56 1.18 9.20 133.00
resigned. He had led the firm for two It also sought to shore up chief USA .85 - 1.28 .74 1.33 1.00 7.81 113.64
decades. financial officer Ben La Grange, in- CAN .66 .78 - .58 1.03 .80 6.10 88.00
Shares listed in Frankfurt fell al- sisting that “there is no evidence to UK 1.15 1.35 1.72 - 1.79 1.33 10.50 152.00
most 60 percent in the hours follow- suggest that the CFO had any in- AUS .64 .75 .97 .56 - .75 5.90 85.00
ing the bombshell announcement. volvement in the matters under in- SWISS .85 1.00 1.25 .75 1.33 - 7.80 114.00
Investigators have been conduct- vestigation”. But Steinhoff’s actions H.KONG .11 .13 .16 .10 .17 .13 - 14.50
ing an inquiry into possible “falsifica- were not enough for some market JAP .01 .01 .01 .01 .01 .01 .07 -
tion of a balance sheet” since the Eu- players.

Page 4 Saturday December 09, 2017
Abe and European Commission chief Jean-Claude Juncker earlier said the agreement Roller-coaster
EU and Japan conclude ‘gigantic’ free trade deal Bitcoin plunges 15%
The EU and Japan announced on Fri- of the negotiations for the Economic protectionism,” the pair said in a state-
day they have concluded negotiations Partnership Agreement. “Japan and ment released in Brussels. in wild trading
for a giant free trade deal while “fight- the EU will join hands and build an With the deal, the EU is seeking ac- Bitcoin plunged as much as 15 per-
ing the temptation of protectionism,” economic zone based on free and fair cess to one of the world’s richest mar- cent to below $14,500 on profit-tak-
in an apparent message to US Presi- rules,” Abe told reporters in Tokyo. kets, while Japan hopes to jump-start ing Friday, capping a roller-coaster
dent Donald Trump. Abe and European Commission an economy that has struggled to find week that saw the currency hit a se-
The trade deal, which the European chief Jean-Claude Juncker earlier said solid growth for more than a decade. ries of record highs and underlining
Union called its biggest ever, must still the agreement, which had been four Japan is also hoping to seize an op- concerns about its volatility.
be signed and ratified by both sides who years in the making, has “strategic im- portunity after the failure of the 12-na- The virtual currency, which has
first agreed to its broad outlines in July. portance” beyond its economic value. tion Trans-Pacific Partnership (TPP) no central bank backing and no le-
Once completed it will forge an “It sends a clear signal to the world trade deal, torpedoed in January by gal exchange rate, briefly hit a new
economic zone of 600 million people that the EU and Japan are committed Trump. record of $17,000 before plunging to
with 30 percent of global GDP. to keeping the world economy work- Under the deal, the EU will open $14,480 in Asian afternoon trade, ac-
Japanese Prime Minister Shinzo ing on the basis of free, open and fair its market to the world-leading Japa- cording to Bloomberg News.
Abe hailed the imminent birth of what markets with clear and transparent nese auto industry, with Tokyo in re- It clawed back some ground and
he called a “gigantic economic zone” rules fully respecting and enhancing turn scrapping barriers to EU farming stood at $16,100 in later trading.
when he confirmed the conclusion our values, fighting the temptation of products, especially dairy. Created in 2009 as a bit of encrypt-
ed software, the digital money been
“I will cut Regs but make penalties severe when caught cheating!” used to buy everything from beer to
pizza, and is increasingly accepted
Trump says Wells Fargo fines will not be dropped by major companies such as booking
US President Donald Trump on Fri- dropped, as has incorrectly been re- The agency took the lead last year website Expedia.
day said penalties and fines against ported, but will be pursued and, if any- in reaching $100 million settlement It has soared more than 50 percent
troubled commercial banking giant thing, substantially increased,” Trump with Wells Fargo over the millions in just a week and is up from a 2017
Wells Fargo & Co would not be aban- said on Twitter. of sham accounts the bank created in low of $752 in mid-January.
doned and could be “substantially in- “I will cut Regs but make penalties consumers’ names without their con- Analysts have put the surge down
creased.” severe when caught cheating!” sent. But Mulvaney and other conser- to growing acceptance among tradi-
The remarks on Twitter followed Mick Mulvaney, Trump’s budget vatives have long attacked the CFPB tional investors and a decision by US
a report on Thursday that Trump’s director and interim appointee to run as example of government overreach regulators to allow Bitcoin futures to
pick to lead a key consumer regula- the Consumer Financial Protection and an undue obstacle to commercial trade on major exchanges.
tory agency was reviewing whether to Bureau, took control of the agency last activity. Mulvaney and CFPB Deputy But some, including the US Fed-
press ahead with an enforcement ac- month and announced a hiring freeze Director Leandra English are currently eral Reserve, have warned against
tion that could impose tens of millions and review of the agency’s litigation. locked in a legal battle over who con- dabbling in Bitcoin as it could threat-
of dollars in settlement costs on Wells Created in the wake of the 2008 fi- trols the agency. en financial stability, and fears of a
Fargo over alleged abuses in mortgage nancial meltdown, the CFPB polices Hours before Mulvaney’s appoint- bubble have increased as the price
lending. the financial services industry and has ment by Trump, the CFPB’s prior Di- has soared. Until now it has only been
“Fines and penalties against Wells made banks and others pay $12 billion rector Richard Cordray stepped down traded on specialist platforms, but
Fargo Bank for their bad acts against in fines and relief for harmed consum- and named English his deputy in the will debut on Cboe Futures Exchange
their customers and others will not be ers. expectation she would replace him. this weekend before hitting the ma-
jor Chicago Mercantile Exchange
“Nature itself helps us to more effectively liquify gas with the help of such low temperatures” (CME) on December 18.
However major derivatives bro-
Putin launches giant $27 bn LNG project in the Arctic kerages have raised concerns with
President Vladimir Putin on Friday spite major technological challenges. The $27 billion (23 billion euro) regulators that the decision to allow it
launched a $27 billion liquefied nat- Dmitry Monakov, the project’s first project is set to start with a produc- into mainstream markets been taken
ural gas plant in the snow-covered deputy director, said that producing tion capacity of 5.5 million tonnes too hastily, and analysts are warning
plains of the Arctic as Russia hopes to LNG in permafrost was easier than per year and increase it to 16.5 mil- any hitch with its launch could spell
surpass Qatar to become the world’s in warmer climes, an apparent dig at lion tonnes by the start of 2019. trouble.
biggest exporter of the chilled fuel. countries like Qatar. “Despite challenging operating “If there are any kind of hiccups,
The Russian president congratulat- “Nature itself helps us to more ef- conditions, Yamal LNG was deliv- we could easily see a scenario where
ed workers as he oversaw the first gas fectively liquify gas with the help of ered on time and on budget,” said it falls back by 50 percent,” Kay Van-
shipment being loaded onto an ice- such low temperatures,” he told AFP, Samuel Lussac, an oil and gas spe- Petersen, macro and crypto strategist
breaking tanker from an LNG plant adding that the plant effectively sat cialist at Wood Mackenzie consul- with Saxo Bank in Singapore, told
amid minus 28 degrees Celsius (mi- on a gas field so transportation costs tancy. “That is unusual in the LNG AFP. But he still expected the curren-
nus 18 degrees Fahrenheit) weather were low. industry. Novatek, once a domestic cy to keep rising in the long term, pre-
in the port of Sabetta on the Yamal Patrick Pouyanne, Total chairman gas supplier, becomes a global LNG dicting its value would hit $50,000 to
Peninsula above the Arctic Circle. and CEO, praised the project’s “re- player” with the project, he added. $100,000 within 18 months.
“This is a large-scale project for markably low upstream costs”. The project has had its share of The nascent Bitcoin industry was
Russia,” Putin said. “At the start of “Together we managed to build financial and technical hurdles over meanwhile coming under pressure
the project, people told me not to pur- from scratch a world-class LNG proj- the years. While the Yamal peninsula due to the sudden surge of attention.
sue this. Those who started this proj- ect in extreme conditions to exploit has huge hydrocarbon reserves, it is Major US online exchange Coin-
ect took a risk but achieved a result.” the vast gas resources of the Yamal an isolated region above the Arctic base temporarily crashed; wallet ser-
Saudi Arabian Energy Minister peninsula,” he was quoted as saying Circle, about 2,500 kilometres (1,550 vice Trezor, which stores Bitcoins,
Khalid al-Falih and other top officials in a company statement. miles) from Moscow and covered by reported issues with its servers; while
were present for the occasion. The tanker carrying the first LNG ice for most of the year, with tem- leading exchange Bitfinex said it had
For the project, Russia’s privately cargo is named after Christophe de peratures dipping as low as minus 50 been hit by a cyberattack.
owned gas producer Novatek part- Margerie, a former Total CEO who degrees Celsius (minus 58 degrees Worries about the digital cur-
nered with France’s Total and China’s died in an accident on a runway of a Fahrenheit). rency’s vulnerability to theft were
CNPC. Moscow airport in 2014. Since its inception in late 2013, an highlighted again this week when
Qatar is currently the world’s big- White whiskers have been painted airport and a port have had to be con- NiceHash marketplace -- which pairs
gest LNG exporter. on it in honour of the late CEO, who structed, as well as gas reservoirs and those with spare computing power
Russia, the world’s biggest gas ex- was known for his white bushy mous- the LNG plant itself. with those wanting to create new
porter, derives a huge share of income tache. Securing financing for the project coins -- said it was investigating a se-
from pipeline deliveries to Europe. The site is operated by Yamal LNG was tricky. US sanctions against No- curity breach that had resulted in the
With Yamal LNG, Russia intends company, owned by Novatek (50.1 vatek made it virtually impossible to theft of Bitcoins.
to strengthen its market presence in percent), Total (20 percent), CNPC borrow from Western banks, and Chi- Bitcoin transactions happen when
Asia and demonstrate its capacity (20 percent) and Silk Road Fund (9.9 nese partners eventually stepped in to heavily encrypted codes are passed
to exploit huge Arctic reserves de- percent). resolve the issue. across a computer network.

Page 5 Saturday December 09, 2017
“It’s 100 percent a product of playing on Thursday night” Golf
Brees slams Thursday carnage after Saints injury toll Hats off to Finn as birdie
blitz gives him lead
New Orleans Saints quarterback Finn Tapio Pulkkanen wore a hat
Drew Brees has become the latest rather than the standard cap Friday
player to slam the NFL’s Thursday as his second-round birdie blitz pro-
fixtures after a slew of team-mates duced a 64 and a one-stroke lead half-
suffered injuries in his team’s loss to way through the Joburg Open.
the Atlanta Falcons. Indian Shubhankar Sharma record-
A total of six Saints players limped ed a 10-birdie 61 -- the lowest round
out of the Saints’ 20-17 defeat on of the day over two Randpark Golf
Thursday, including running back Club courses -- to lie second in cool,
Alvin Kamara and guard Senio Kele- overcast Johannesburg.
mete with concussions. Pulkkanen is on 14-under overall
Linebacker A.J. Klein and safety after rounds of 65 and 64 with Shar-
Kenny Vaccaro suffered groin inju- ma one shot back thanks to rounds of
ries while defensive end Trey Hen- 69 and 61 in a tournament using two
drickson picked up an ankle knock courses for the first two rounds.
and wide receiver Ted Ginn Jr. an Ranked 197 in the world, Pulk-
unspecified injury. kanen made a superb start over the
Brees said he is convinced the in- tougher, par-72 Firethorn layout by
juries are linked to scheduling which claiming six consecutive birdies.
requires teams to suit up just four The 27-year-old parred the follow-
days after playing on a Sunday. ing four holes in an event tri-sanc-
“It’s 100 percent a product of play- Drew Brees #9 of the New Orleans Saints (Photo AFP) tioned by the European Tour, Asian
ing on Thursday night,” Brees said. ending Achilles injury during a “When you see guys go down, Tour and South African Sunshine
“Do you understand what guys’ Thursday game. Brees said he hoped when you lose guys for what you Tour. Birdies at the 11th and 12th holes
bodies go through in a game? And the issue of games being played on think is unnecessary just because you took him to eight-under for the day
then to have to turn around four days Thursday nights would be addressed put ‘em at a much higher risk in such and he parred the remaining six holes.
later and to play? Look at the in- in the close season. a quick turnaround, that gets you up- The typical dress code for profes-
jury studies: They’re off the charts. “I can sit here and tell you that no set.” Brees is among several players sional golfers includes a cap, but
They’re off the charts. So is this player likes putting himself at risk on to speak out about Thursday games. Pulkkanen cut a dashing figure in a
smart as it pertains to guys’ health four days’ rest, to come and put their Last month Pittsburgh Steelers quar- light grey hat with a dark grey band.
and safety? No, absolutely not.” bodies through what they put them terback Ben Roethlisberger decried “That was an awesome start,” said
As well as the six players who exit- through in a game,” Brees said. the midweek games as “miserable, the Finn, referring to the birdie blitz
ed the game, four other Saints players “So you hope that it’s addressed terrible.” that helped propel him to first place.
picked up knocks but returned. (this offseason), you hope that it’s “They need to get rid of this game I “I actually birdied five of those
Last month Seattle Seahawks star talked about and you hope that some- think. Just play on Mondays and Sun- same holes in the practice round,”
Richard Sherman suffered a season- thing is done about it. days,” Roethlisberger said. added the winner of the second-tier
Challenge Tour’s Road to Oman last
Baseball NBA Olympics season.
Sharma played the easier Bushwil-
Angels nab coveted Japa- Rose back with Cavs, but US leaning towards 2030 low course in the second round and
nese star Ohtani might need ankle op Winter Games bid rattled off five birdies over each nine
for the lowest round so far this week.
Japanese superstar Shohei Otani end- Point Guard Derrick Rose, who re- The United States Olympic Com- The 21-year-old, who tied for 27th
ed the suspense on Friday, agreeing joined his Cleveland Cavaliers team- mittee said Friday 2030 was the pre- at the Mauritius Open last weekend,
to sign with the Los Angeles Angels mates this week after time away to ferred option as it eyes a bid for the excelled at the par threes, collecting
where he’ll team with two-time Most consider his NBA future, said Friday Winter Olympics. birdies on all four.
Valuable Player Mike Trout. he might still need ankle surgery. USOC chief executive Scott “It was great,” beamed Sharma. “I
“This morning, after a thorough, A sore left ankle, the latest in a lita- Blackmun said US officials were tilt- could not have done better. I made
detailed process, Shohei Ohtani has ny of injuries for the 2011 NBA Most ing away from a bid for the Winter pretty much everything I looked at.
decided to sign with the Los Angeles Valuable Player, had sidelined Rose Olympics in 2026. “I hit the ball pretty decently and
Angels,” Ohtani’s agent Nez Balelo on November 7, and he later took an The United States last hosted the made a few key up-and-down twos.
said in a statement, capping a frenzy extended break as he weighed his op- Winter Games in Salt Lake City in I could not have asked for a better
of courtship and speculation that had tions. 2002. US officials have said they are round.” Another Finn, Mikko Korho-
surrounded the player’s move to the He rejoined the team on Monday, reluctant to bid for the 2026 Winter nen, shot a 65 and South African Erik
US major leagues. and at the Cavs’ shootaround on Fri- Olympics to avoid the possibility of van Rooyen a 67 to share third place
The Angels have until December day thanked club management and confusion with the 2028 Summer on 131.
22 to finalize a deal with the 23-year- his teammates for giving him time to Games in Los Angeles. English duo Steven Brown (65)
old. reflect. The United States is also the clear and Daniel Brooks (67) and Dane
They must pay the $20 million “I would like to say thanks to the favorite to host the football World Joachim Hansen (67) are two shots
posting fee to Ohtani’s Japanese club whole franchise -- Koby (Altman, Cup in 2026, along with Canada and further back.
the Hokkaido Nippon-Ham Fighters. GM), the front office, the players, Mexico. South Africa has produced eight
He’ll receive a minor league contract, the coaches, the coaching staff -- I’d “We’re very interested in bringing of the 11 Joburg Open champions,
along with the $2.315 million in in- like to say thank you for allowing me the Games back to the United States,” but the leaderboard is dominated by
ternational bonus money the Angels my privacy to keep my right state of Blackmun told reporters on a confer- foreigners entering the weekend with
have available. mind and to keep my happiness,” he ence call. Van Rooyen the lone local among the
On Wednesday the Angels boosted told reporters. “There are significant challenges top 10.
their international bonus fund by $1 “I’ve got to go through rehab with in doing that for 2026. In all candor, With a freak finger injury ruling
million by trading outfielder Jacob trying to get my ankle right,” Rose we’re leaning in the 2030 direction.” out favourite and major winner Louis
Pearson to the Minnesota Twins. said. “I’ve got a bone spur that I Salt Lake City, Denver and Reno- Oosthuizen of South Africa, many lo-
The acquisition is a coup for the didn’t tell anybody, but I was just try- Tahoe on Nevada’s border with Cali- cals believed Mauritius Open winner
Angels, who beat out a host of suit- ing to process all that myself. fornia are among US cities to have Dylan Frittelli could triumph again.
ors. That included six other teams “It’s all about first getting the area expressed interest. However, after a disappointing
that made his short list: The Seattle to calm down and then strengthening “We’ve encouraged three cities to first-round 70, Frittelli improved by
Mariners, Texas Rangers, Los Ange- your leg back up again. So, after- be in dialogue with the International only one shot Friday to lie 10 strokes
les Dodgers, San Francisco Giants, wards, we may have to have a proce- Olympic Committee,” Blackmun behind Pulkkanen with two rounds
San Diego Padres and Chicago Cubs. dure but who knows.” added. remaining.

Page 6 Saturday December 09, 2017

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
8 7 1 5 3 9 8

4 2 7 5 3 1 5 3 9 2

5 3 8 3 5

8 7 3 5 6 4 3 2 5 6

5 3 9 8
1 2 3 4 5 6 7
9 3 8 6 7 1 4 8 6 9 10 5 11 8 12
13 14 15
1 4 7 6 16 17 3
18 19 20 21
3 9 4 2 6 7 22 23 24 2
6 2 9 8 3 1 26 27 28 29 30 31
32 33 34
35 36
1 2 3 4 5 6 7
8 9 10 11 12 1 Like 1 Translucent gypsum
3 Country house 2 Sun's name
8 Nobleman 4 By
13 14 15
11 Idiot 5 Communication Workers of America
13 Disinterested (abr.)
16 17 15 Ammunition 6 Dress edge
16 Played in the water 7 Fortify
18 Street 9 Flowers of love
18 19 20 21
20 Tell 10 Low
22 Bro.'s sibling 12 Polygon surrounded solid
22 23 24 23 Seize quickly 14 Book by Goethe
25 Band instrument 17 Meal listings
25 26 Shine 19 Caesar's six
30 Fish 20 Launch
32 Rustic 21 Actinium (abbr.)
26 27 28 29 30 31 34 Toss 24 The alphabet
35 Cope (2 wds.) 27 Stein
32 33 34 36 Baton Rouge locale 28 Anger
29 Make lace
31 Fat
35 36
33 Pound (abbr.)
Fold Fold
ACROSS 6 2 5 1 7 4 8 9 3 DOWN 4 6 1 8 7 3 S T I R R U R A L (52)8183105037
[email protected]
1 Like 8 9 3 4 1 7 5 6 2 1 Translucent gypsum S N A T C H S I S [email protected]
Information Source:
3 Country house 4 6 2 5 9 3 7 8 1 2 Sun's name 7 8 1 L S W A M B Agence France-Presse (AFP)
Printed and distributed locally in each hotel.
All rights reserved.
8 Nobleman 3 5 6 7 8 1 9 2 4 7 4 By 9 6 3 5 1 4 8 T W E R P L O R D Reproduction in whole or in part by any printed
or electronic without permission of the publisher.
11 Idiot 2 4 9 3 6 5 1 7 8 5 Communication Workers of America A S Solution:
13 Disinterested (abr.)
15 Ammunition 6 Dress edge
16 Played in the water 7 Fortify
18 Street 9 Flowers of love
20 Tell 10 Low
22 Bro.'s sibling 12 Polygon surrounded solid
23 Seize quickly 14 Book by Goethe
25 Band instrument 17 Meal listings
26 Shine 19 Caesar's six
30 Fish 20 Launch
32 Rustic 21 Actinium (abbr.)
34 Toss 24 The alphabet
35 Cope (2 wds.) 27 Stein
36 Baton Rouge locale 28 Anger
29 Make lace
31 Fat
33 Pound (abbr.)

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