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Published by it, 2018-12-18 01:53:15

Diciembre 18

Hacienda Digest

December 18 , 2018

Tue Dec 18 Wed Dec 19 Thu Dec 20 Fri Dec 21 Sat Dec 22

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THE SPA LIFESTYLE OF HACIENDA Open Daily 7:00 am – 7:00 pm

A visit to the Spa at Hacienda Beach Club and SPIRIT OF THE SEASON TREATMENT
Residences is a journey into a world of sensation,
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garden environment creates an atmosphere of Celebrate the magic of the season with a
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relax while restoring a connection with the natural Hacienda Spa Experts. Festive-inspired
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of the holiday spirit. Relax as the aromas
Fitness Class Schedule fill the air, evoking nostalgic childhood memories.

Fitness Center 6 am – 9 pm daily
Each of our cardio stations is equipped with a television. 80min. - $175 USD + TAX
We supply headphones, towels and bottled water for
your visit. Maintain your fitness regimen or start a new Spa Cafe
one with guidance from our personal trainers!


Barre: 8:00 am – 9:00 am *HOT /COLD or FRAPPE
Glutes, Abs and Legs: 9:30 am – 10:30 am
Tuesday, December 18
Delicious and Aromatic. It brings numerous advantages and benefits to
Yoga: 8:00 am – 9:00 am your health. It does not contain caffeine, it can be drank for all kinds of
Kickboxing circuit 9:30 am – 10:30 am people, from children, the elderly, pregnant women and people with

Wednesday, December 19 hypertension, as well as being able to be consumed at all hours of the
day without worrying about taking your
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Step/Hi-Low: 10:00 am – 11:00 am low-calorie dessert, so you can have that

Thursday, December 20 sweet taste you want so much without
guilt. So, you can take as a dessert or as
Functional Training: 8:30 am – 9:30 am a snack between meals, because the
Reformer Pilates: 10:30 am – 11:30 am fiber of the fruits you will feel a feeling
of fullness.
Friday, December 21
Daily from 7:00 am to 3:00 pm
TRX: 8:00 am - 9:00 am
Mat Pilates: 10:30 am – 11:30 am
Hacienda Spa Boutique
Saturday, December 22

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Sunday, December 23

Functional Dumbbell Challenge:8:00am – 9:00am
@Putting Green
Body Sculpt: 9:30 am –10:30 am

Private classes

Hacienda Spa offers personal training

classes upon request.

Rejuvenate your Body Replenish your Soul


November 1st, 2018 – May 15th, 2019.

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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 3399 Tuesday December 18, 2018
International Business Sports
Dutch Prime Minister Mark Rutte US President Donald Trump again The Indiana Pacers named Kelly Cabo San Lucas
warned the Netherlands on Monday lashed out at the Federal Reserve on Krauskopf as the franchise’s new as- Partly cloudy (day)
against emulating the “chaos” and Monday for considering raising inter- sistant general manager on Monday, Sunrise: 6:54 AM
division of Britain’s decision to leave est rates, on the eve of a meeting at making her the first woman to hold Sunset: 5:38 PM
the European Union... P.2 which policymakers... P.3 the title with an NBA team... P.5 Humidity: 65% 70-77 F

“It’s not under consideration” “Action plan”
Partners of ex-Trump aide Flynn indicted over Gulen plot US urges Bosnia to stay
on NATO path
apprised of its progress. The indict- A senior US diplomat on Monday
ment came one day ahead of the urged Bosnia to stay on the path to
planned sentencing of Flynn, who join NATO, a process one of its three
was arrested last year over his secret newly-elected presidents is threaten-
dealings with Russian officials and ing to sabotage.
Turkey. Previous Bosnian governments
Flynn admitted one count of lying have moved over the past decade to
to the FBI in a plea deal which led to join NATO, which called on the Bal-
him providing “substantial” informa- kan country this month to present its
tion to Special Counsel Robert Muel- “action plan” -- one of the final mea-
ler’s investigation into Russia med- sures before a membership invitation
dling in the 2016 election. can be issued.
Flynn’s work with the Turks has But its new nationalist Serb presi-
been known since last year, when dent Milorad Dodik -- who was
the Wall Street Journal reported that elected in October alongside Croat
he, Rafiekian and Alptekin met Er- and Bosnian Muslim (Bosniak) co-
dogan’s son-in-law Berat Albayrak presidents -- has repeatedly stressed
and Turkish foreign minister Mevlut his opposition to joining the alliance.
Cavusoglu in New York in September After meeting with the three presi-
2016. dents in Sarajevo, US Assistant Sec-
At that meeting they discussed retary of State John Sullivan said
(FILES) Michael Flynn, former national security adviser to US President Donald Trump (AFP) physically removing Gulen from his Washington “enthusiastically sup-
Two partners of President Donald to be indirectly paid $600,000 by the Pennsylvania home to Turkey with- ports” Bosnia’s efforts to pursue
Trump’s former national security Turkish government to help turn US out a legal extradition order. NATO membership. “We discussed
advisor Michael Flynn were indict- public and political sentiment against The Journal cited former CIA di- the US position, which is as firm as
ed Monday over an Ankara-backed exiled Gulen. rector James Woolsey, who attended it’s ever been,” he told reporters.
scheme to remove Turkish dissident The plan was developed at the the same meeting and later told re- A consensus is needed for Bosnia
cleric Fethullah Gulen from the Unit- height of the 2016 election campaign porters he found the idea possibly il- to move forward with its membership
ed States. when Flynn was advising then-candi- legal. At the time the administration bid. But Dodik, who casts himself as
The Justice Department charged date Trump on foreign and security of president Barack Obama had not close to Russian President Vladmir
Bijan Rafiekian, aka Bijan Kian, 66, policy. The goal, the Justice Depart- approved Ankara’s extradition re- Putin, shows little sign of bending.
of San Juan Capistrano, California, ment said, was to obtain Gulen’s quest for Gulen, and the Trump ad- “We have a consensus in the presi-
and Kamil Ekim Alptekin, 41, of Is- extradition back to Turkey, where ministration has also demurred on the dency on the European path and I had
tanbul, with acting as unregistered President Recep Tayyip Erdogan had issue. the opportunity to say that there is no
agents of the Turkish government accused him of orchestrating the July “It’s not under consideration,” consensus on NATO,” Dodik said af-
and lying to the FBI over the 2016 2016 coup attempt. Trump told reporters on November 17. ter meeting the American diplomat.
scheme. The deal with Flynn was approved But on Sunday, according to media re- Many Serbs find joining NATO
According to the indictment, at top levels of the Turkish govern- ports, Cavusoglu said Trump recently unpalatable as the alliance helped
Rafiekian and Alptekin made ar- ment, the indictment said, with told Erdogan that the White House is stop its 1990s intercommunal wars
rangements for the Flynn Intel Group Alptekin keeping senior ministers working on extraditing Gulen. through a bombing campaign on Serb
More than two decades after the
“Let’s legalize the adult use of recreational marijuana, once and for all” war, which killed some 100,000
New York governor says he’s ready to legalize recreational pot people, the Balkan country remains
New York Governor Andrew Cuomo of recreational marijuana, once and arguments for decriminalizing mari- sharply split among its three main
on Monday called for the legalization for all,” Cuomo said in a speech at juana use that Nixon had made. At communities: Bosniaks, Serbs and
of recreational marijuana use in his Hunter College in Manhattan about the time, she said the only people still Croats.
state -- a move that would add Ameri- his priorities for 2019. being arrested for smoking a joint in In 2017 Dodik, a hardline Serb na-
ca’s most populous city to the growing Cuomo had long opposed the le- New York were minorities. “The fact tionalist, was sanctioned by the US
list of places that allow the drug’s use. galization of marijuana, but during is we have had two criminal justice for his efforts to undermine the coun-
The announcement marked a shift his re-election campaign earlier this systems -- one for the wealthy and the try’s integrity.
for the Democrat, who was re-elect- year, when he faced competition from well off, and one for everyone else,” On Monday Sullivan said those
ed for a third term as governor of a the left in the form of actress Cynthia Cuomo said, decrying a system he said sanctions remain in place but that he
state that is home to about 20 million Nixon, he said he was open to the had “for too long targeted the African- met with Dodik out of respect for the
people. “Let’s legalize the adult use possibility. On Monday, he listed the American and minority communities.” institution of the presidency.

Page 2 Tuesday December 18, 2018
Official “I compare the Netherlands to a fragile vase, held by its 17 million citizens”
Clashes erupt in Yemen’s Dutch PM warns against copying Brexit ‘chaos’
Hodeida in truce violation
Clashes erupted Tuesday morning Dutch Prime Minister Mark Rutte
in Yemen just minutes after a cease- warned the Netherlands on Monday
fire deal took effect in the country’s against emulating the “chaos” and
flashpoint port city of Hodeida, a pro- division of Britain’s decision to leave
government official said. the European Union.
The official told AFP that sporadic “I compare the Netherlands to a
clashes in the east of the Red Sea city fragile vase, held by its 17 million
-- whose port serves as a crucial gate- citizens,” Rutte said in a full-page
way for humanitarian aid -- are ongo- advert, printed in the popular daily
ing despite a truce deal that was to be tabloid Algemeen Dagblad.
implemented at midnight local time In order to preserve this ‘vase’,
(2100 GMT). “compromises often have to be made
The United Nations said on Mon- in which difficult problems are solved
day that the deal was to be imple- in a sensible way,” he said.
mented at midnight, even though the But Rutte, who has been Dutch
agreement reached in Sweden was premier since 2010 and currently
announced on Thursday between Ye- leads a shaky coalition government,
men’s Saudi-backed government and said there are examples in society
the Huthi rebels and included an “im- “where the vase has been dropped.”
mediate ceasefire” in Hodeida and its “Look at Great Britain. There, its
surroundings. politicians and its people have forgot-
Shortly before the agreement was ten what they’ve reached together,” Netherlands’ Prime Minister Mark Rutte (Photo AFP)
to take effect on Tuesday, Yemen’s Rutte said. ‘If anyone in the Netherlands thinks Observers say Monday’s advert is
internationally-recognised govern- “Now they are caught up in chaos,” Nexit is a good idea, look at Eng- the start of Rutte’s campaign for his
ment called on its forces to “cease he said. land and see the enormous damage Liberal VVD party in the run-up to
fire in Hodeida province and Hodeida Rutte was the first stop on Brit- it does.” The Netherlands has been European parliament and Dutch pro-
city”, according to a copy of a state- ish Prime Minister Theresa May’s anxiously watching developments vincial elections next year.
ment received by AFP. unsuccessful tour to seek assurances in Britain, a key trading partner and Known for his upbeat character
The Huthi rebels also said they for a Brexit deal from EU leaders last one-time ally on many European and his man-of-the-people habit of
would commit to the agreement. week. matters, as it prepares to leave the EU riding his bicycle to work, Rutte
A UN official, who requested ano- The Dutch premier was one of sev- on March 29, 2019. “wants to beat his opponents with
nymity, told AFP that the delay to the eral leaders defending her afterwards Rutte himself originally invited positivity and optimism,” the NOS
halt in hostilities was necessary for at a summit in Brussels -- or at least May’s predecessor David Cameron public broadcaster said.
“operational reasons”. in comments he made in English. to Amsterdam give the fateful speech Rutte also warned about those
An official in the Saudi-led coali- In Dutch, however he warned at leading to the 2016 referendum that creating division in the Netherlands
tion confirmed the timing to AFP, the summit against any move to take led to Brexit, although it ended up be- -- compared them to “screaming foot-
adding that details on implementing the Netherlands out of the EU, saying ing postponed and shifted to London. ball dads on sidelines”.
the truce deal “were not clear at the
beginning”. Listing accommodation The Commission took Poland’s government to the ECJ
The coalition “has no intention of
violating the agreement... unless the Airbnb denies Israel claim it Poland bows to EU court reversal of Supreme Court retirements
Huthis violate and dishonour it,” the Poland on Monday bowed to a ruling night deadline set by Polish law. On
official said, speaking on condition of shelved settlement ban by the EU’s top court ordering it to November 21, Poland’s parliament
anonymity. Online bookings platform Airbnb on suspend a law that had lowered the passed the legislation bowing to the
Residents in Hodeida and the sur- Monday denied a claim by Israel’s retirement age of its Supreme Court initial EU court ruling.
rounding areas have reported fierce tourism minister that it had reversed judges amid concerns about judicial The European Commission, the
fighting and air strikes in recent days, a decision to stop listing accommo- independence. EU’s executive arm, has been locked
as clashes continued between Saudi- dation in settlements in the occupied The European Court of Justice in a bitter battle over sweeping judi-
backed government forces and the West Bank. (ECJ) had initially ordered Poland on cial changes introduced by Poland’s
Iran-aligned Huthis. Tourism minister Yariv Levin had October 19 to suspend the law before right-wing Law and Justice (PiS)
At least 29 fighters, including 22 said on his Facebook page that the finalising the “interim measure” on government since it took office in
Huthi rebels, were killed on Saturday firm “will not enforce its decision to Monday. 2015. The showdown has led the EU
night in Hodeida province, a pro- withdraw proposed bookings from its “Poland must immediately sus- to trigger unprecedented proceed-
government military source told AFP. website”. pend the application of the provisions ings against Poland over “systemic
Two Hodeida residents reached by But Airbnb later said that “the in- of national legislation relating to the threats” to the rule of law that could
telephone told AFP that they could formation published earlier today lowering of the retirement age for Su- eventually see its EU voting rights
hear intermittent clashes to the east was inaccurate”. preme Court judges,” the ECJ said in suspended.
and south of the city on Monday. Airbnb had announced in Novem- a statement. In early October, the Commission
A pro-government military official ber that it would “remove listings in Polish President Andrzej Duda took Poland’s government to the ECJ
said that there were sporadic clashes, Israeli settlements in the occupied signed the legislation reversing the for lowering the age at which Su-
adding that a fire erupted in one of the West Bank that are at the core of the retirements on Monday evening, with preme Court judges must retire from
factories in the east of the city due to dispute between Israelis and Palestin- only hours to spare before a mid- 70 to 65.
strikes on Sunday night. ians”.
Doctors Without Borders (MSF) The firm however said Monday
voiced alarm about “the continuous that it does “unequivocally” reject the
fighting” in the devastated city. Boycott, Divestment and Sanctions
The medical aid group said its (BDS) movement, which urges wide-
teams on the ground were treating ranging economic measures to pro-
victims of gunshots, shelling and air test against the decades-long Israeli
strikes, urging warring parties “to occupation of Palestinian territories.
respect the presence of civilians and Airbnb said in a statement that it
health infrastructures”. UN envoy was committed to developing busi-
Martin Griffiths said on Sunday that ness in Israel, to allow “more tour-
the UN was working with both sides ists from around the world to enjoy
to ensure the ceasefire accord was the wonders of the country and its
“implemented timely and properly”. people”.

Page 3 Tuesday December 18, 2018
Futures markets currently put the odds of a rate hike this week at about 80 percent Wall Street Indexes
Trump attacks Fed on eve of policy meeting Dow Jones 23592.98 - 2.11%
- 2.27%
S&P 2545.94 - 2.08%
International Stock Indexes
US President Donald Trump again day policy meeting of 2018, and where we have zero inflation for all Australia 5658.273 + 1%
lashed out at the Federal Reserve on is widely expected to raise the key practical purposes,” Navarro told Frankfurt 10772.2 - 0.86%
Monday for considering raising inter- rate for the fourth time this year, CNBC. Italy 18693.45 - 1.15%
est rates, on the eve of a meeting at working to get ahead of expected “The only argument I’m hearing London 6773.24 - 1.05%
which policymakers are widely ex- gains in inflation. for the Fed to raise rates is that some- Madrid 8812.5 - 0.83%
pected to do so. Trump has called the central bank how they have to exert their indepen- Paris 4799.87 - 1.11%
The latest Twitter outburst re- “crazy,” “out of control” and a greater dence from the White House. Now, Tokyo 21506.88 + 0.62%
newed the president’s rock throwing economic threat than China, which this is a bad argument.” Toronto 14362.65 - 1.59%
at the central bank, which he accuses the president blames for hollowing Policymakers have offered little Latin-American Stock Indexes
of undermining his economic agenda out American industry through unfair reaction to Trump’s string of taunts, Bogota 1335.64 - 1.74%
of tax cuts, slashed regulations and trade. with Fed Chairman Jerome Powell Buenos Aires 29888.02 - 3.93%
multi-front trade offensives. But analysts and former Fed mem- saying the political noise does not Lima 19128.27 + 0.29%
Trump has repeatedly broken with bers say Trump’s unprecedented vit- factor into their decisions. Mexico 40340.51 - 2.35%
the norms respected by US presidents riol could cause the central bank to Amid brisk economic expansion Panama 452.85 - 0.78%
in recent decades, hammering the try to prove its independence by rais- after a decade of steady job growth, Santiago 5105.15 - 1.14%
central bank this year over its move ing rates even if policymakers might US unemployment is flirting with a Sao Paulo 86399.69 - 1.2%
away from the zero interest rate pol- otherwise have held off. 50-year low but the US economy is Venezuela 789.38 + 5.6%
icy implemented during the global Inflation is holding right around the expected to slow. Most Active Stocks
financial crisis. Fed’s two percent target but if mar- And with global economy also 3D Systems Corp 10.43 - 1.88%
“It is incredible that with a very kets believe the Fed can be swayed weakening, there is a growing feeling 3M Co 192.82 - 1.67%
strong dollar and virtually no infla- by political pressure, inflation fears the central bank will not have to raise Alcoa 28.11 - 1.75%
tion, the outside world blowing up could ignite and become a more seri- rates as much as previously expected Amex 101.18 - 4.28%
around us, Paris is burning and China ous problem. next year. AT&T 29.86 - 1.19%
way down, the Fed is even consider- White House trade advisor Peter Powell and other officials in recent B. of America 24.47 - 0.04%
ing yet another interest rate hike,” Navarro on Monday said the bank weeks have suggested they could Boeing 316.13 - 0.82%
Trump wrote, in a message sent one should avoid this urge. show patience in 2019 as they study Caterpillar 124.47 - 1.81%
hour before stock markets were due Current economic policy, such incoming economic data. Chevron 112.45 - 1.21%
to open. as tax cuts and de-regulation, have Futures markets currently put the Cisco Systems 44.2 - 3.54%
“Take the Victory!” produced “supply-side positive odds of a rate hike this week at about Coca Cola 48.33 - 2.05%
As the US economy has recov- shocks” that were holding inflation 80 percent. Exxon Mobil 74.04 - 2.04%
ered, the Fed has been raising the down, he said, also pointing out that Wall Street opened sharply lower General Electric 7.15 + 0.7%
benchmark lending rate gradually the Fed was winding down a bond- following Trump’s tweet but had H.P. 21.42 - 2.68%
since December 2015. The Fed buying stimulus program. “All of pared much of its losses around 1630 Home Depot 167.97 - 2.51%
on Tuesday opens its final two- those things have led us to a world GMT. IBM 116.1 - 3.17%
Intel 47.08 - 1.63%
The Nasdaq lost 2.3 percent at 6,753.73, falling below its closing level for 2017 Johnson & Johnson 129.14 - 2.9%
Bloodletting resumes on Wall Street, Dow closes down 2% JPMorgan 99.01 - 1.28%
US stocks sold off on Monday for a 2,545.83. The Nasdaq lost 2.3 percent though they are widely expected to do Kraft Heinz Co 46.82 - 1.35%
- 1.36%
second straight session, as investors at 6,753.73, falling below its closing so this week. Wall Street has feared Merck & Co 75.23 - 1.63%
continued to fear weakening global level for 2017. higher interest rates but analysts also Microsoft 102.89 - 2.96%
growth and major indices hit new All three indices are in correction, said comments from Jeffrey Gund- Pfizer 43.11 - 1.58%
lows for the year. with the S&P and Nasdaq touching lach, founder of a major investment Procter & Gamble 92.77 - 4%
The benchmark Down Jones In- their lowest levels of 2018. The sell- fund, helped accelerate the sell off Travelers Cos 119.93 - 0.51%
dustrial Average fell more than 500 off came several hours after President Monday after he said it was likely the United Tech. 115.31 - 2.94%
points, or 2.1 percent, to close at Donald Trump renewed his attacks on stocks were already in a bear market Verizon 55.95 - 1.98%
23,592.98 while the broader S&P the Federal Reserve, calling on policy- -- widely defined as a 20 percent drop Wal-Mart 90.77 - 1.18%
500 also fell 2.1 percent, settling at makers not to raise interest rates even from the most recent peak. Walt Disney 110.62 - 1.41%
“We would like to convey our deep regret and sincere apologies for the Pradamalia products that were offensive”
Prada apologizes after products spark accusations of racism
Italian fashion label Prada has said “We will learn from this and do ments of the Prada oeuvre,” and add- not excuse the damage they have
it will set up an advisory council on better.” ing: “They are imaginary creatures caused,” it said Sunday, adding that
diversity issues after being forced to The problematic custom of black- not intended to have any reference it would probe how the problematic
pull monkey-like keychain figurines face dates back to about 1830, and to the real world and certainly not product reached the market in the first
from its shelves over accusations of so-called “minstrel shows,” when blackface.” But when some consum- place. Prada also said it would do-
racism. white performers caked their faces in ers called for a boycott of the label, nate any proceeds from Pradamalia
The so-called “Pradamalia” crea- greasepaint or shoe polish and drew Prada went farther in its apology. already sold to a “New York-based
tures -- featured prominently in the on exaggerated lips in a caricature of “The resemblance of the products organization committed to fighting
window display of its Soho store in blacks. to blackface was by no means inten- racial justice, which is a value that
New York -- sparked outrage for their The stereotypes portrayed -- that tional, but we recognize that this does we strongly believe in.”
exaggerated red lips that brought blacks were somehow inferior, igno-
blackface caricatures to mind. rant, lazy and even animalistic -- ce-
“We would like to convey our deep mented racist attitudes for decades. Foreign Exchange
regret and sincere apologies for the Some of those images still exist to-
Pradamalia products that were offen- day. EURO USA CAN UK AUS SWISS H.KONG JAP
sive. They have been removed from The problem for Prada began with EURO - 1.13 1.52 .90 1.59 1.12 8.90 129.00
the market and will not be sold,” its Soho store display -- one lawyer USA .88 - 1.33 .79 1.39 .99 7.81 113.64
Prada said in a statement released who passed by the store slammed the CAN .66 .75 - .59 1.04 .75 5.90 85.00
Sunday on Twitter. figurines as racist in a Facebook post, UK 1.11 1.26 1.69 - 1.75 1.25 9.90 143.00
“Going forward, we pledge to im- posting several photos of the contro- AUS .63 .72 .96 .57 - .70 5.60 81.00
prove our diversity training and will versial objects. SWISS .89 1.01 1.33 .80 1.43 - 7.90 114.00
immediately form an advisory coun- At first, the company defended H.KONG .11 .13 .17 .10 .18 .13 - 14.50
cil to guide our efforts on diversity, itself, saying its “Pradamalia” were JAP .01 .01 .01 .01 .01 .01 .07 -
inclusion and culture,” the label said. “fantasy charms composed of ele-

Page 4 Tuesday December 18, 2018
Authorities said “New York City continues to be a great source of diverse ...” Economic powers
Malaysia files charges against Google joins tech move east, to invest $1 bn in New York campus US takes fire at WTO
Goldman over 1MDB scandal Google became the latest US tech gi- pacity to more than double the num- trade policy forum
ant to announce a major expansion
ber of Googlers in New York over the
Malaysia on Monday filed crimi- plan, unveiling a $1 billion invest- next 10 years,” Porat said. Major economic powers took aim
nal charges against Wall Street titan ment Monday to create a new campus She said the company’s “invest- at the United States on Monday at
Goldman Sachs and two of its for- that could double its New York City ment in New York is a huge part of a World Trade Organization forum,
mer employees over the scandal sur- workforce to 14,000. our commitment to grow and invest where Washington was accused of
rounding state fund 1MDB, authori- The move by Google comes fol- in US facilities, offices and jobs.” abandoning its leadership role for the
ties said. lowing Amazon’s announcement of The new site is a former industrial sake of self-interest.
Charges were filed against subsid- new headquarters sites in New York area adjacent to the Greenwich Vil- Every WTO member faces a trade
iaries of Goldman Sachs and former and suburban Washington DC worth lage and Soho districts. policy review, but the latest US audit
employees Tim Leissner and Ng some $5 billion, and Apple’s $1 bil- The expansion would make Cal- turned especially hostile, with nations
Chong Hwa, said a statement from lion expansion to Texas and other ifornia-based Alphabet one of the blasting a raft of tariffs and other
Malaysia’s attorney-general Tommy areas. city’s largest commercial tenants, measures implemented by President
Thomas. Google parent Alphabet’s chief The Wall Street Journal reported. Donald Trump’s administration.
Low Taek Jho, a Malaysian finan- financial officer Ruth Porat said it Alphabet, Amazon and Apple are Speaking first after a US presen-
cier who allegedly masterminded the would lease large office buildings in three of the world’s most valuable tation, Chinese Ambassador Zhang
theft of billions of dollars from the lower Manhattan, which will become corporations and have been outgrow- Xiangchen said the US was not hon-
sovereign wealth fund that was used the centerpiece of a campus of more ing their home bases even with new ouring its obligations as the world’s
to buy everything from yachts to art- than 1.7 million square feet (160,000 headquarters building. largest economy.
work, was also hit with new charges square meters). Google this month released an up- “A top dog should act like a top
over the scandal. The new campus, which should dated plan for expanding its Moun- dog. It cannot only see a narrow
Allegations that huge sums were be operational starting in 2020, will tain View, California, headquarters spectrum of its own self-interest, and
looted from the fund in an audacious be known as Google Hudson Square to create a new village-type campus it certainly should not do whatever
fraud that involved former Malaysian and “will be the primary location for with more than 6,000 new homes, it wishes at the sacrifice of others,”
leader Najib Razak and his cronies our New York-based Global Business some of which would be available to Zhang said, according to quotes dis-
played a huge role in the last govern- Organization,” Porat wrote in a blog low-income residents. tributed from the closed-door meet-
ment’s defeat at elections in May. post. Both Google and Apple handled ing by a Geneva trade official.
Goldman underwrote bonds issued “New York City continues to be a their expansion plans quietly, while The 164-member WTO has been
by 1MDB on three occasions total- great source of diverse, world-class Amazon asked for municipalities one of many fronts where the US-
ling $6.5 billion, and earned $600 talent -- that’s what brought Google across North American for proposals, China trade war has played out.
million in fees for the bond issue. to the city in 2000 and that’s what prompting critics to call it a “Hunger Trump’s WTO envoys have con-
Monday’s charges related to the keeps us here,” she said. Games” contest. sistently condemned the WTO for
bond issues, which took place in 2012 Alphabet earlier this year said it Porat said the latest investment “is failing to respond to threats posed
and 2013. A total of $2.7 billion was was buying the Manhattan Chelsea a huge part of our commitment to by China and letting it defy market-
dishonestly misappropriated from the Market for $2.4 billion, and planned grow and invest in US facilities, of- based global trading rules with impu-
bond issuances, Thomas said. Leiss- to lease space at Pier 57 on the Hud- fices and job,” and added that “we’re nity.
ner and Ng -- who have already been son river. The company currently growing faster outside the (San Fran- US Ambassador Dennis Shea in-
charged in the US over the scandal employs some 7,000 people in New cisco) Bay Area than within it, and sisted Washington would continue
-- conspired with Jho and others to York. this year opened new offices and to push for reform but insisted that
bribe Malaysian officials to ensure “With these most recent invest- data centers in locations like Detroit, without action to challenge China the
that Goldman was selected to work ments in Google Chelsea and Google Boulder, Los Angeles, Tennessee and WTO’s importance would diminish.
on the bonds, the statement said. Hudson Square, we will have the ca- Alabama.” “We must recognise that the WTO
(the US) helped create, and the WTO
Synergies would reduce costs by $150 million annually by the third year we seek, is in key respects not the
WTO we have today,” Shea said.
Boeing, Embraer forge on with tie-up after Brazil suspension reversed The WTO must recognise that
US planemaker Boeing and Brazil’s Boeing currently does not compete. ture, the planemakers said they ex- China’s conduct is “contrary to the
Embraer said Monday they have ap- Embraer’s military aircraft business pected to wrap up the transaction by fundamental principles of this organ-
proved the terms of a partnership was excluded to overcome Brazilian the end of 2019. The tie-up is seen isation,” he added.
to create a joint venture now worth government opposition to giving up a as a response to a similar strategic The European Union has voiced
$5.26 billion -- more than when they national champion to a foreign entity. partnership announced in October support for some US efforts to chal-
first announced it in July. The deal initially valued the joint 2017 between Boeing’s European lenge China within the WTO.
“The transaction remains subject to venture at $4.75 million. But Mon- arch-rival Airbus and Canada’s But EU Ambassador Marc Van-
approval by the Government of Bra- day’s statement said Boeing’s 80-per- Bombardier. heukelen said Monday that Wash-
zil, after which Embraer and Boeing cent stake would be worth $4.2 bil- The Brazilian and US companies ington was at the “epicentre” of the
intend to execute definitive transac- lion, making the whole of the merged are creating another joint venture to crisis affecting the multilateral trad-
tion documents,” the two companies operation worth nearly $5.3 billion. promote their defense products and ing system. “The US has (in the past)
said in a statement. “Once the transaction has closed, services, especially Embraer’s KC consistently sought to uphold WTO
The news comes a week after a the commercial aviation joint venture 390, a military transport aircraft vehi- rules, and ambivalence about their
Brazil appeals court overturned a will be led by Brazil-based manage- cle. Monday’s statement said that op- value casts a long shadow to the fu-
“hasty” suspension ordered by a low- ment, including a president and chief eration -- which will see Boeing hold ture,” he told the forum.
er court days earlier that would have executive officer,” the statement said. a controlling 51-percent stake -- was Canada and Japan also joined the
prevented the outgoing Brazilian “Boeing will have operational also subject to approval by Brazil’s fray, restating criticism over Trump’s
government of taking any concrete and management control of the new government and Embraer’s board. steel and aluminium tariffs.
decision of the proposed tie-up. company, which will report directly The Boeing-Embraer rapproche- Beyond China, Washington has
Embraer, the third-largest air- to Dennis Muilenburg, Boeing chair- ment was struck under Brazil’s out- also targeted the WTO’s dispute set-
craft manufacturer in the world, was man, president and chief execu- going President Michel Temer, who tlement system -- sometimes dubbed
founded as a state group in 1969 tive officer.” It said the partnership leaves office in two weeks’ time. the supreme court of world trade.
before being privatized in 1994, al- “would position both companies to He is to be succeeded by Jair Bol- Shea on Monday again accused
though the Brazilian government re- accelerate growth in global aerospace sonaro, a far-right politician with WTO judges of having an “activ-
tains a “golden share” giving it the markets.” close ties to the military who previ- ist approach” and overstepping their
right to veto strategic decisions for Synergies would reduce costs by ously had a long record as a nation- mandate by making pronounce-
the company. $150 million annually by the third alist and protectionist when it came ments on issues that must be de-
Under the planned deal, Boeing year, it said. to Brazil’s economy. But he changed cided through negotiations. The US
is to take an 80 percent stake in Em- Embraer shares shot up five per- tack to win over voters and investors has blocked the appointment of new
braer’s commercial business, thus al- cent in beginning of trade following in the run-up to his October election judges to the dispute panel’s appellate
lowing it to offer planes with capacity the joint statement. In their original by advocating privatizations, and en- branch, which could force it to shut
of up to 150 seats -- a market in which July announcement of the joint ven- couraging foreign investment. down by the end of next year.

Page 5 Tuesday December 18, 2018
“As the architect of one of the WNBA’s most successful franchises ...” NBA
Krauskopf named assistant Pacers GM Rockets’ Zhou released
after failure to launch
Chinese forward Zhou Qi’s bid for
National Basketball Association glo-
ry with the Houston Rockets came
to an abrupt end on Monday after he
was released by the club.
A brief statement on the Rockets
website said the 22-year-old center
had been waived by general manager
Daryl Morey.
Zhou was chosen by Houston with
the 43rd overall pick in the 2016
However, he failed to establish
himself in Houston, playing just a
handful of games from the bench in
2017-2018 with no starts.
The towering seven-foot (2.17m)
player spent most of the past two sea-
sons playing for the Rockets’ junior
affiliate Rio Grande Valley in the G-
The Indiana Pacers Assistant General Manager, Kelly Krauskopf (Photo AFP) Chinese forward Zhou Qi’s aver-
The Indiana Pacers named Kelly “I’ve worked with Kelly over the helped build and run the Fever fran- aged 1.2 points and 1.2 rebounds a
Krauskopf as the franchise’s new as- past two decades, so I know her tre- chise from its beginning and even- game last season for the Rockets in
sistant general manager on Monday, mendous basketball mind, strong tually built a championship team,” his 18 appearances.
making her the first woman to hold the work ethic and proven leadership Pritchard said. Zhou spent three seasons in China
title with an NBA team since the 1970s. skills will continue to be of great ben- “She is very well respected in all with the Xinjiang Flying Tigers, help-
Krauskopf, who has spent nearly efit to our organization.” basketball circles and she has great ing them capture the Chinese crown
20 years as the chief of the Indiana Pacers president of basketball op- knowledge of our entire operation, in 2017.
Fever WNBA team, will take over in erations Kevin Pritchard said Kraus- so when we looked at this position, Chinese forward Zhou Qi’s has
her new role on January 1. kopf’s decades-long involvement it made complete sense to just look in also represented China, and was a
“As the architect of one of the with basketball, which included our own building,” he added. member of the country’s 2016 Olym-
WNBA’s most successful franchises, building the Fever from scratch, Krauskopf is the first woman ap- pic team.
Kelly is a true pioneer in our sport,” made her a natural fit for the position. pointed to assistant GM since Nancy He was also a part of the China
Pacers Sport & Entertainment owner “Kelly has played the game, Leonard was hired to the same role squad which won gold at the Asian
Herb Simon said in a statement. worked in the WNBA league office, by the Pacers in 1976. Games in Jakarta inSeptember.

Ski Soccer Tennis Auto
Hirscher on the double with More teams, tighter sched- WTA confirms reforms for Ferrari to mark Schumacher’s
parallel giant slalom win ule in MLS playoff overhaul returning players’ rankings 50th birthday with exhibition
Olympic champion Marcel Hirscher Major League Soccer on Monday an- A series of rule changes making it Formula One legend Michael
continued his impressive form, win- nounced a new-look for its playoff easier for women to return after preg- Schumacher will be honoured by
ning the men’s parallel giant slalom competition, increasing the number nancy or injury was ratified on Mon- Ferrari with a special exhibition to
for the first time at Alta Badia on of teams in the postseason to 14 while day by the Women’s Tennis Associa- mark his 50th birthday on January 3,
Monday to bring his career tally to 62 abandoning two-legged home-and- tion (WTA). the Italian team confirmed on Mon-
World Cup wins. away ties. Players making their way back to day.
The Austrian finished ahead of An announcement from league competition after being out for 52 Schumacher -- a seven-time For-
French pair Thibaut Favrot and Alex- chiefs said the postseason in 2019 weeks or longer will be able to use mule One world champion -- suffered
is Pinturault in the nightrace in the would include 14 teams -- the top their previous ranking to enter 12 severe head injuries in a skiing acci-
Italian Dolomites, a day after crush- seven finishers in the Western and tournaments over a three-year pe- dent five years ago and has not been
ing his rivals to claim the giant sla- Eastern Conferences -- instead of riod. seen in public since.
lom for a sixth consecutive time. the current 12 teams. The winners of Serena Williams was at the cen- The ‘Michael 50’ exhibition in
Hirscher had never won the paral- each conference in the regular season tre of a controversy at the 2018 the Ferrari Museum in Maranello
lel giant slalom before with his previ- would be given a bye straight into the French Open as the former world will be run in association with the
ous best in his four attempts a third conference semi-finals, the de facto number one was not given a seed Keep Fighting Foundation launched
place finish last season. quarter-finals of the MLS Cup. status after missing more than a two years ago by the Schumacher
But the 29-year-old was impres- Another key move sees the intro- year of competition to give birth to family.
sive on Monday night on the Grand duction of single-elimination knock- a daughter. “It is intended both as a celebra-
Risa piste and remains firmly on track out games, with the higher seed But a month later, she was giv- tion and a mark of gratitude to the
for an eighth consecutive overall hosting every match. Scrapping the en a seeding of 25 for Wimbledon most successful Prancing Horse
World Cup win. home-and-away format also means despite being ranked 181st in the driver ever,” Ferrari said in a state-
Hirscher eliminated two of the the playoffs can be completed more world. ment.
three previous winners -- Norway’s quickly, without interruption from The Women’s Tennis Association Germany’s Schumacher drove for
Kjetil Jansrud in the last 16 and Swe- the October and November interna- also announced women will be al- the team from 1996 to 2006, winning
den’s Matts Olsson in the semi-finals. tional breaks. This year’s playoffs lowed to wear leggings or compres- five of his record seven drivers’ titles
He then beat unheralded Favrot in for the MLS Cup began on October sion shorts without a skirt, dress or from 2000-2004.
the final, with the 23-year-old French 31 and were completed with Atlanta shorts over them. Ferrari also won six construc-
skier having earlier gotten the better United’s victory over the Portland Serena Williams, who has 23 tors’ titles during his time with the
of compatriot Pinturault in the semi- Timbers on December 8. Grand Slam titles to her name team.
finals, to achieve his first career po- However next year the postseason raised eyebrows with an outfit The exhibition will allow the pub-
dium. Pinturault topped last year’s will kick off on October 19 with the dubbed as a ‘cat-suit’ at Rolland- lic to discover the contribution that
winner Olsson for the final spot on MLS Cup championship game tak- Garros this year, and the French Schumacher made to the car’s devel-
the podium, to follow his third place ing place taking place just over three Open later said it would introduce opment as a driver and later as a con-
in Sunday’s giant slalom. weeks later on November 10. a dress code. sultant, Ferrari said.

Page 6 Tuesday December 18, 2018

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

Beginners Advanced
1 5 9 6

6 5 9 8 1 7 8

5 7 6 3 2 9 3 6 9 2

4 5 1 3 8 9 2 5

2 3 1 6 7 5 9 1
1 2 3 4 5
8 6 3 7 9 4 8 6 6 7 8 9 10
11 12 13 14
9 4 3 2 8 7 8 3 15 16 7 17 4
18 19
5 4 7 6 5 20 3 22 23 1
24 25
2 8 7 26 27 5 28
29 30 31 32 33
Crossword 34 35
1 2 3 4 5
6 7 8 9 10 1 France (abbr.) 1 Falkan Islands (abr.)
3 Wields 2 Area
11 12 13 14 6 Tell a tall tale 3 Rising
7 Pop 4 1972 Winter Olympic location
8 School group 5 Foster
15 16 17
11 Branch of the military (abbr.) 6 Most arrogant
13 Vertical line 9 Trademark symbol
18 19 15 Group of minerals 10 Narrowed
18 Fruit or vegetable 12 Those who make the food laws
19 Detective (abbr.)
20 21 22 23
20 State of being 14 Louisiana (abbr.)
21 Pressed 16 Goddess
24 25 24 Christmas singing 17 Asian cooking style (2wds)
26 Boa 19 Quill
26 27 28 28 Movie alien 22 Roberto's yes
29 Sticky black substance 23 Meat curing ingredient
30 Sun god 24 Autos
29 30 31 32 33
32 Stop 25 Little Rock locale
34 Eye infection 27 Calif.
34 35 35 Blood factor 31 Scottish “one”
33 New Hampshire (abbr.)
Fold Fold
ACROSS 2 6 9 1 7 4 5 8 3 DOWN 1 8 3 4 9 2 5 E N D R A T A R (52)8183105037
[email protected]
1 France (abbr.) 5 7 6 4 8 9 1 3 2 1 Falkan Islands (abr.) I R O N E D I S [email protected]
Information Source:
3 Wields 8 2 3 6 1 5 9 7 4 2 Area 9 1 8 6 3 7 R F E L D S P A R Agence France-Presse (AFP)
Printed and distributed locally in each hotel.
All rights reserved.
6 Tell a tall tale 4 3 8 9 5 1 2 6 7 8 3 Rising 7 2 1 6 9 P T A P L U M B P A A F L I E O Reproduction in whole or in part by any printed
or electronic without permission of the publisher.
7 Pop 6 5 7 2 4 8 3 1 9 4 1972 Winter Olympic location U S E S F R
8 School group 5 Foster Solution:
11 Branch of the military (abbr.) 6 Most arrogant
13 Vertical line 9 Trademark symbol
15 Group of minerals 10 Narrowed
18 Fruit or vegetable 12 Those who make the food laws
19 Detective (abbr.)
20 State of being 14 Louisiana (abbr.)
21 Pressed 16 Goddess
24 Christmas singing 17 Asian cooking style (2wds)
26 Boa 19 Quill
28 Movie alien 22 Roberto's yes
29 Sticky black substance 23 Meat curing ingredient
30 Sun god 24 Autos
32 Stop 25 Little Rock locale
34 Eye infection 27 Calif.
35 Blood factor 31 Scottish “one”
33 New Hampshire (abbr.)

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