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Published by it, 2018-07-20 05:44:55

Julio 20

Hacienda Digest

July 20th, 2018

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Important news for important people Volume 3248 Friday July 20, 2018
International Business Sports
Nicaragua’s first couple, President Comcast on Thursday dropped out of Kevin Kisner of the United States led Cabo San Lucas
Daniel Ortega and his wife Vice Pres- a bidding war with Disney for prized the way at the British Open on Thurs- Blustery
ident Rosario Murillo, tightened their film and television operations of Ru- day as his friend Jordan Spieth’s de- Sunrise: 6:45 AM
grip on power after government forc- pert Murdoch’s 21st Century Fox, ef- fence of the Claret Jug got off to an Sunset: 8:07 PM
es seized an opposition... P.2 fectively clearing... P.3 inauspicious start at... P.5 Humidity: 75% 80-85 F

“I let him know we can’t have this, we’re not going to have it, and that’s the way it’s going to be” Purchase through song
Trump eyes new Putin meeting, slams media as ‘enemy’ Chance the Rapper buys
Chicago news site
A defiant US President Donald Trump Korea and more. There are many an- that there are forces in the US that put Chance the Rapper has entered the
said Thursday he is looking forward swers, some easy and some hard, to their narrow party interests higher news business by buying the Chica-
to another meeting with Vladimir these problems... but they can ALL be than national ones.” goist website -- and announced the
Putin, assailing media who failed to solved!” he said. According to opinion Going into Monday’s meeting in purchase through song Thursday.
recognize the “great success” of their polls published on Thursday, a large Helsinki, Trump said he wanted to Chicagoist was part of a network of
first summit as the “enemy of the majority of Americans disapproved improve relations with Russia, which city-oriented websites including New
people.” of Trump’s handling of the summit he characterized as being the worst York’s Gothamist that found a fol-
Trump has come under bipartisan -- but members of his Republican they have ever been. lowing amid an appetite for a fresher,
fire at home for what many saw as party approved by a wide margin. But he stunned both allies and ene- younger take on local news in the
his unsettling embrace of the Rus- While just one third of Americans mies by appearing to take the Russian United States.
sian strongman this week in Helsinki approved of Trump’s handling of the leader’s word over that of US intel- The sites were abruptly closed last
-- and his seeming disavowal of his Putin summit, that number rose to ligence that Moscow did not interfere year by publisher Joe Ricketts, a con-
own intelligence agencies and their 68 percent among Republicans, ac- in the 2016 presidential election. servative mogul who also owns the
assessment that Moscow meddled in cording to a CBS poll. Another poll, In one of a series of conflicting Chicago Cubs baseball team, after
the 2016 election. by Axios/Survey Monkey, showed statements since his return to Wash- staff voted to unionize.
The backlash has thrust the US Republican support at 79 percent ington, Trump insisted Wednesday New York public radio station
leader onto the defensive -- leading -- compared to 40 percent of respon- that he told Putin that the United WNYC later acquired Gothamist and
to several days of backtracking and dents overall. States would not tolerate meddling in affiliated sites and confirmed Thurs-
conflicting statements from both the Among those Republicans express- its elections. day that Chance, the increasingly
president and the White House. ing concern on Thursday was Senator “I let him know we can’t have this, prominent 25-year-old rapper, had
“The Summit with Russia was a Lindsey Graham, a prominent voice we’re not going to have it, and that’s bought the assets of Chicagoist.
great success, except with the real on foreign policy in the party. the way it’s going to be,” Trump said “I look forward to relaunching it
enemy of the people, the Fake News Trump wasn’t “prepared as well as in an interview with CBS. and bringing the people of Chicago
Media,” he wrote in his latest, com- he should have been” for the meeting, Asked if he held Putin personally an independent media outlet focused
bative tweet early Thursday. Graham told reporters, adding that it responsible for the meddling, Trump on amplifying diverse voices and
“The Fake News Media wants so is “imperative that he understand that said “I would, because he’s in charge content,” Chance said in a statement.
badly to see a major confrontation he is misjudging Putin.” of the country, just like I consider The rapper expressed his inten-
with Russia, even a confrontation In Moscow, Putin slammed myself to be responsible for things tions quite differently when he broke
that could lead to war,” Trump said. Trump’s domestic opponents as “pa- that happen in this country.” the news in a song, “I Might Need
“They are pushing so recklessly hard thetic, worthless people” who were Trump said he had been “very Security.”
and hate the fact that I’ll probably willing to sacrifice Russian-US ties strong on the fact that we can’t have “I bought the Chicagoist just to run
have a good relationship with Putin. to their own ambitions. meddling, we can’t have any of that.” you racist bitches out of business,” he
“I look forward to our second meet- In a toughly-worded speech to In Moscow on Thursday, Putin rapped on the song, one of four he re-
ing so that we can start implementing Russian diplomats, Putin said US- said Russia was still open to building leased on Thursday.
some of the many things discussed,” Russia ties were by “some parame- a good relationship with the United On the track, whose chorus is a
he continued. ters” worse than during the Cold War. States. “We need a new positive melodious rendering of the F-word,
Trump listed these as “stopping “We see that there are forces in the agenda, aimed at working together Chance attacks Chicago Mayor Rahm
terrorism, security for Israel, nuclear US that are easily ready to sacrifice and finding common ground,” he Emanuel over police brutality.
proliferation, cyber attacks, trade, Russian-American relations for their said, adding it would take time to see “Rahm, you done! / I’m expectin’
Ukraine, Middle East peace, North own ambitions,” Putin said. “We see a genuine improvement in ties. resignation / An open investigation
on all of these paid vacations for mur-
“No new guidance for me as a result of the Helsinki discussions as of yet” derers,” he said, in apparent reference
to police officers who are suspended
After summit, US general sees no change in Syria mission rather than fired for misconduct.
The top commander overseeing US Trump and President Vladimir Pu- ministration is backing off its demand Chance also took a shot at the Chi-
military involvement in Syria said tin’s talks, which yielded few specif- that Moscow’s ally Bashar al-Assad cago Sun-Times, one of the city’s two
Thursday he’d received no new in- ics to the public, apparently included step down. Putin said, “I want to con- daily English-language newspapers,
structions to work with Russians discussion on ways the US and Rus- firm that Russia is interested in this for an unflattering article on his child
since President Donald Trump met sia could cooperate in war-torn Syria, development and... will act according- support payments.
with his Russian counterpart in Fin- where the two powers are pursuing ly,” but neither leader was very clear Chance, whose real name is
land. separate military campaigns. about what the next steps would be. Chancelor Bennett, has achieved
“No new guidance for me as a re- There were indications of an ar- Votel pointed out that any coopera- striking success over the past two
sult of the Helsinki discussions as of rangement to work together and with tion with the Russian military in Syr- years despite defying industry con-
yet,” General Joe Votel, who heads Israel to support a ceasefire in south- ia would require Congressional ap- vention by self-releasing all of his
US Central Command, told reporters. ern Syria, suggesting that the US ad- proval or some sort of special waiver. music.

Page 2 Friday July 20, 2018
Rights group Now, critics accuse him of again turning Nicaraguan politics into a family affair
Myanmar army made ‘system- Ortega and Murillo: Nicaragua’s shrewd power couple
atic’ Rohingya crackdown plan
Myanmar’s military engaged in “ex- Nicaragua’s first couple, President
tensive and systematic” preparations Daniel Ortega and his wife Vice Pres-
for a bloody crackdown on Rohingya ident Rosario Murillo, tightened their
Muslims, a rights group said Thurs- grip on power after government forc-
day, in a damning new report that it es seized an opposition stronghold on
says justifies a genocide investigation. the eve of Thursday’s Marxist revolu-
A bloody military campaign that tion anniversary.
started last August forced some Former guerrilla leader Ortega,
700,000 of the effectively stateless known as “el comandante” (the com-
minority over the border into Ban- mander) for his iron-fisted rule, first
gladesh, where they have recounted held power for 11 years after the 1979
allegations of rape and extrajudicial revolution.
killings. But it is since his re-election in
The UN and US have called the 2006 that he has gradually cemented
campaign ethnic cleansing. Myanmar his position and eliminated any seri-
denies the accusations, saying it was ous rivals, leading to accusations of
responding to an attack by Rohingya repressing dissent.
militants. But Fortify Rights said its Murillo, extravagant, with a pen-
report, based on months of research chant for poetry and art, is no less
in Myanmar and Bangladesh and redoubtable and her husband’s right-
hundreds of interviews with both hand woman, although some believe
victims and authorities, found that she holds true power in the country. Nicaragua Vice President Rosario Murillo and President Daniel Ortega (Photo AFP)
security forces disarmed Rohingya Known as “Companera Rosario” and was elected president in 1985. Hugo Chavez, he started social pro-
civilians and trained non-Rohingya (Comrade Rosario), she has risen But, with the economy in ruins, he grams for the poor, many of whom
communities to fight. through the party ranks since her hus- lost the following election in 1990. continue to support him.
The Myanmar army also cut off band’s re-election to the point of join- With his Sandinista National Lib- But he was also careful to nurture
food aid from Rohingya and removed ing him in an effective diarchy. eration Front (FSLN) party in opposi- ties with Nicaragua’s powerful busi-
fencing from their homes for a clearer Ortega, 72, first seized control after tion, he spent the next 17 years “rul- ness families, promising stability.
line of sight, according to the report. his Sandinista guerrillas ousted the ing from below” -- fomenting violent In 2014, his party in congress en-
“Myanmar authorities made ex- Somoza dynasty that had held power protests and negotiating reforms with gineered a constitutional amendment
tensive and systematic preparations in Nicaragua from 1937 to 1979. the government. scrapping presidential term limits,
for the commission of mass atrocity Now, critics accuse him of again In 2006, he managed a presidential opening the way for him to remain
crimes against indigenous Rohing- turning Nicaraguan politics into a comeback, maneuvering to gradually president for life.
ya civilians during the weeks and family affair. take control over all state bodies, the Ortega’s shrewd politics, combined
months before Rohingya militant at- Ortega headed a leftwing Sandini- police and the army. with his skill at ruthlessly cornering
tacks on August 25, 2017,” Fortify sta junta with the support of Cuba and Backed by the deep oil funds of opponents, made him the leader of
said. the Soviet Union after the revolution, Venezuela, under his ideological ally the FSLN, which he joined in 1963.
The report also said that deadly Au-
gust attacks by the Arakan Rohingya They would glow brightly enough to be seen even over the light-polluted metropolis of Tokyo
Salvation Army, which Myanmar has
cited as a reason for its counteroffen- Shooting stars on demand: Japan start-up plans 2020 meteor shower
sive, was a far more ad hoc operation A Japanese start-up developing cials said. “We are planning to push a coloured flotilla of shooting stars.
than previously believed, and that “shooting stars on demand” says it used satellite into the atmosphere on Each star is expected to shine for sev-
crackdown plans were already under will be ready to deliver the world’s a targeted orbit to create a giant arti- eral seconds before being completely
way. first artificial meteor shower in a ficial shooting star,” ALE chief engi- burned up -- well before they fall low
Fortify co-founder Matthew Smith spectacular show over Hiroshima in neer Ko Kamachi, adding that the idea enough to pose any danger to any-
told journalists at the report’s launch early 2020. was still in the basic research phase. thing on Earth.
in Bangkok that security forces made ALE, based in Tokyo, is in the final ALE’s two satellites will start or- They would glow brightly enough
the Rohingya Muslim population in stages of developing two micro-sat- biting the Earth by February 2020, to be seen even over the light-pollut-
Rakhine weaker and vulnerable to ellites that will release tiny balls that preparing for the world’s first de- ed metropolis of Tokyo.
attack. glow brightly as they enter the atmo- livery of artificial shooting stars in If all goes well, and the skies are
The Rohingya have long lived in sphere, simulating a meteor shower. spring 2020, over the western Japan clear, the 2020 event could be visible
Rakhine but are seen as outsiders in The first satellite will hitch a ride city of Hiroshima. to millions of people, ALE said.
Buddhist-majority Myanmar after into space on a rocket being launched The satellites can be used sepa- Okajima said the company chose
years of marginalisation propaganda by Japan’s space agency by March rately or in tandem, and will be pro- Hiroshima for its first display be-
from successive military regimes. 2019. The second will be launched in grammed to eject the balls at the right cause of its good weather, landscape
“This is how genocide unfolds. mid-2019 on a private-sector rocket. location, speed and direction to put and cultural assets.
And this is how genocide has unfold- “We are targeting the whole world, on a show for viewers on the ground. ALE is working in collabora-
ed in Rakhine State,” he said. as our stockpile of shooting stars Tinkering with the ingredients in tion with scientists and engineers at
Fortify echoed calls by other organ- will be in space and can be delivered the balls should mean that it is pos- Japanese universities as well as local
isations for the UN Security Council across the world,” ALE chief execu- sible to change the colours they glow, government officials and corporate
to refer the case to the International tive Lena Okajima told reporters on offering the possibility of a multi- sponsors.
Criminal Court, singling out 22 mili- Wednesday. Each satellite will be
tary and police officials as respon- able to carry 400 tiny balls whose
sible, including armed forces chief chemical formula is a closely-guard-
Min Aung Hlaing. Rights groups ed secret. Ejected from the satellite,
have used the phrase crimes against the balls will glow as they plunge
humanity to describe the expulsion of through the atmosphere.
the Rohingya but many have stopped The 400 balls will be enough for
short of the term genocide. 20-30 events, according to the com-
UN special rapporteur to Myanmar pany, and the satellites will be able to
Yanghee Lee warned last month that stay in space for around two years.
chances of generals seeing the inside The company is also exploring the
of a courtroom in the Hague are slim, possibility of using satellites already
with the nation shielded by powerful in space that are no longer operational
allies who she declined to name. to create “giant” shooting stars, offi-

Page 3 Friday July 20, 2018
Fox has proposed to sell Sky News to Disney Wall Street Indexes
Comcast drops Fox bid, letting Disney win Dow Jones
International Stock Indexes
Comcast on Thursday dropped out of had been coveting the prized assets fer to £26 billion ($34.3 billion, 29.5 Australia
a bidding war with Disney for prized being sold by Murdoch, which in- billion euros) only hours after Fox Frankfurt
film and television operations of Ru- clude the Fox studios in Hollywood boosted its bid for the 61 percent of Italy
pert Murdoch’s 21st Century Fox, and important film and television Sky it does not own. London 7,683.97 + 0.10%
effectively clearing a path to a new production operations. Critics say that allowing Murdoch Madrid
landscape in the media-entertainment The acquiring company would -- who owns major British newspaper Paris
world. have stood to become a dominant titles The Times and The Sun -- full Tokyo
The cable and media giant said in force at the box office and in televi- control of rolling TV channel Sky Toronto
a statement it would instead focus on sion, with production companies re- News would give him too much in- Latin-American Stock Indexes
acquiring the European pay TV op- sponsible for “The Simpsons” and fluence in the UK news business. Bogota
erator Sky, shifting its stand on how “Modern Family,” and a key stake in To remedy this, Fox has proposed Buenos Aires
it approaches the latest round of con- the online platform Hulu. to sell Sky News to Disney. Lima
solidation in the media-entertainment At the same time, a battle has been But some reports say Disney and Mexico
sector. heating up over Sky, the British- Fox were prepared to allow Comcast Panama 483.58 + 0.02%
The move effectively ensures that based pay TV operator in which Fox to take over Sky if their tie-up in the Santiago 5,371.21 - 0.12%
Disney will be able to complete its holds a 39 percent stake. US market goes ahead. Sao Paulo 77,486.88 + 0.16%
$71.3 billion tie-up with Fox that cre- Disney launched its offer for Fox’s The Fox-Disney tie-up has already Venezuela
ates a new powerhouse in the sector assets last December at $52.4 bil- received approval from the US De- Most Active Stocks
as Murdoch slims down his media lion as Murdoch and his family an- partment of Justice, contingent on the 3D Systems Corp 15.03 + 0.07%
empire. nounced they would reorganize to fo- divestment of 22 regional sports net- 3M Co
“Comcast does not intend to pursue cus on Fox News, the Fox broadcast works now owned by Fox. Alcoa 41.56 - 13.34%
further the acquisition of the Twenty- network and some sports operations. The big media-entertainment firms Amex
First Century Fox assets and, instead, Comcast made its bid of $65 bil- are pursuing deals as they seek to AT&T
will focus on our recommended offer lion in June, aiming to capitalize on slow the rise of streaming media plat- B. of America
for Sky,” said a statement from the what was seen as an easier regula- forms like Netflix and Amazon, and Boeing
group which is the leading US cable tory path after rival pay TV opera- prepare for the entry into the sector Caterpillar
operator and also owns NBCUniver- tor AT&T successfully defended an by Silicon Valley giants like Google Chevron 121.67 + 0.12%
sal. antitrust challenge to its acquisition and Facebook. Cisco Systems
Brian Roberts, Comcast chairman of media-entertainment group Time These issues were debated at the Coca Cola 45.11 - 0.02%
chief executive, added: “I’d like to Warner. antitrust trial over AT&T’s $85 bil- Exxon Mobil
congratulate (Disney CEO) Bob Iger Comcast is competing with Fox lion takeover of Time Warner, with General Electric
and the team at Disney and commend over the Sky bid, with regulators the companies claiming internet- H.P.
the Murdoch family and Fox for cre- wary about Murdoch extending his based platforms have an advantage Home Depot
ating such a desirable and respected influence in the media sector. Earlier over traditional media firms because IBM 149.24 + 3.27%
company.” Both Comcast and Disney this month, Comcast lifted its Sky of- of the data they collect on customers. Intel
Johnson & Johnson 125.94 - 1.46%
News of its destruction policy drew flak in Britain JPMorgan 109.89 - 1.47%
Burberry burns millions in unsold products to protect brand Kraft Heinz Co
Luxury British fashion house Burberry across the industry to guard against The firm -- which announced a McDonalds
destroyed tens of millions of dollars counterfeiting. Retailers describe it slight rise in annual profits in May Merck & Co 62.51 - 0.68%
worth of its fashion and cosmetic prod- as a measure to protect intellectual to £294 million -- has said it takes its Microsoft 104.4 - 0.68%
ucts over the past year to protect its brand. property and prevent products being environmental obligations seriously Pfizer
The company burned unsold stolen or sold at discounted prices. and harnesses the energy from burn- Procter & Gamble
clothes, accessories and perfume “Burberry has careful processes in ing the items. It also pointed to part- Travelers Cos 125.18 - 3.71%
worth £28.6 million (32 million euros, place to minimise the amount of ex- nerships with organisations such as United Tech.
$37 million), according to its annual cess stock we produce,” the company the Ellen MacArthur Foundation that Verizon
report, in a practice now common said in a statement. work to reduce waste in the industry. Wal-Mart
Walt Disney
“I don’t think he understand the decisions he makes has real-world implications for democracy”
Facebook in fresh controversy over Holocaust denial
Facebook found itself embroiled the end of the day, I don’t believe that lows social media said on Twitter: “it would lose the vast majority of its
anew in controversy Thursday after our platform should take that down “Harder to find a group of people distribution” on user feeds and that
chief executive Mark Zuckerberg because I think there are things that more *intentional* about “denying” “if a post crossed line into advocating
argued the leading social network different people get wrong. I don’t an atrocity in order to pave the way for violence or hate against a particu-
should not filter out posts denying the think that they’re intentionally get- for more violence than holocaust- lar group, it would be removed.”
Holocaust. ting it wrong.” deniers.” The episode was an unwelcome
The comments by Zuckerberg Critics quickly lashed out at Zuck- Zuckerberg later emailed Recode distraction for Facebook after it held
drew fierce criticism and appeared erberg over the comments, saying to clarify his comments, stating that a media briefing on the company’s
to undermine Facebook’s latest effort these kinds of comments can incite if something is spreading and rated new policy to remove bogus posts
to root out hate speech, violence and hatred and violence. as false by the site’s fact checkers, likely to spark violence.
misinformation on its platform. “Holocaust denial is the quintes-
In an interview with tech website sential ‘fake news,’” said Abraham
Recode on Wednesday, Zuckerberg Cooper of the Simon Wiesenthal Foreign Exchange
said that while Facebook was dedi- Center, a rights group named for a
cated to stopping the spread of fake famed Nazi hunter. EURO USA CAN UK AUS SWISS H.KONG JAP
news, it would not filter out posts just “The Nazi Holocaust is the most EURO - 1.16 1.54 .89 1.56 1.16 9.10 131.00
on the basis of being factually wrong documented atrocity in history, al- USA .86 - 1.32 .77 1.35 1.00 7.87 112.36
-- including from Holocaust deniers lowing the canard of Holocaust de- CAN .65 .76 - .58 1.02 .75 5.90 85.00
and the conspiracy theory website nial to be posted on Facebook, or any UK 1.12 1.30 1.72 - 1.75 1.30 10.20 146.00
Infowars. other social media platform cannot AUS .64 .74 .98 .57 - .75 5.80 84.00
“I’m Jewish, and there’s a set of be justified in the name of ‘free ex- SWISS .86 1.00 1.33 .77 1.33 - 7.80 113.00
people who deny that the Holocaust change of ideas.’” H.KONG .11 .13 .17 .10 .17 .13 - 14.40
happened,” he said in the interview. Zeynep Tufekci, a University of JAP .01 .01 .01 .01 .01 .01 .07 -
“I find that deeply offensive. But at North Carolina professor who fol-

Page 4 Friday July 20, 2018
Commerce secretary “We had an incredible year” New negotiator
US expects to restart Microsoft profit climbs as cloud grows Britain vows to intensify
NAFTA talks soon Microsoft on Thursday said its reve- in a deal valued at $26.2 billion. talks with EU for Brexit deal
nue and profit climbed in the recently
Global Equities Research analyst
Talks to revamp the North American ended quarter, getting results from its Trip Chowdhry described Microsoft Britain’s new negotiator Dominic
Free Trade Agreement could resume bets on cloud computing services and earnings, and its financial path as Raab pledged Thursday to intensify
shortly, US Commerce Secretary artificial intelligence. “super solid,” noting that revenue talks with the EU to secure a Brexit
Wilbur Ross said Thursday. The US tech giant reported its net and earnings per share beat market deal as fears grew in Brussels that
Mexico’s President-elect An- income increased 10 percent to $8.8 expectations. time was running out for an orderly
dres Manuel Lopez Obrador “has billion on revenue that was up 17 per- Microsoft reported net income withdrawal next year.
changed his rhetoric quite consider- cent to $30.1 billion when compared of $16.6 billion for the fiscal year Raab met his EU counterpart Mi-
ably and has made it very clear that with the same period last year. on revenue that rose 14 percent to chel Barnier for his first talks in Brus-
he likes the idea of redoing NAF- Microsoft saw revenue gains $110.4 billion. sels where officials warned European
TA,” Ross said. across its full range of businesses Analyst Patrick Moorhead at Moor Union member countries and busi-
Lopez Obrador has a team work- including business services, gaming, Insights & Strategy said Microsoft’s nesses to “step up preparations” for
ing with the current government on internet search ads, its consumer soft- results showed healthy growth. Britain’s exit on March 30.
the NAFTA talks and “we think those ware including Windows and Office “The company drove double-digit “I look forward to intensifying,
will get going quite quickly,” Ross and LinkedIn, the recently acquired revenue growth in every business heating up the negotiations and mak-
said in an interview with CNBC. professional social network. which demonstrates to me the firm’s ing sure we’re in the best position to
Carlos Urzua, tapped to be Mexi- Shares edged up 0.6 percent in balance,” Moorhead said. “Satya get the best deal,” Raab told report-
co’s next finance minister, said after after-hours trade following the results Nadella and team are hitting on all ers, standing next to Barnier.
the elections that the NAFTA talks for the final fiscal year quarter for the cylinders at this point.” Raab replaced David Davis, who
could accelerate after the US con- Microsoft. In one major deal announced this was part of a government rebel-
gressional elections in November. “We had an incredible year,” chief week, Microsoft and Walmart un- lion against Prime Minister Theresa
President Donald Trump threat- executive Satya Nadella said in a re- veiled a strategic partnership to help May’s Brexit strategy, with the politi-
ened to withdraw from the two-de- lease. “Our early investments in the the retail giant ramp up its efforts cal discord alarming Brussels.
cade-old trade pact with Mexico and intelligent cloud and intelligent edge against Amazon. The European Commission, the
Canada, and demanded the deal be are paying off, and we will continue Microsoft has announced technol- EU’s executive arm, urged “member
revised. to expand our reach in large and ogy partnerships with other major states and private parties to step up
While officials rushed to reach growing markets with differentiated firms in recent months including preparations... for all outcomes” by
an agreement before Mexico’s innovation.” General Electric, Starbucks, Bayer, the March 30 withdrawal deadline.
July presidential election, the talks Revenue in a productivity and Telefonica and sports organizations It said “there is still no certainty
stalled over US demands, including business processes category that in- such as the NBA and PGA. that there will be a ratified with-
the call for higher US content in all cluded career-focused social network The moves into business services drawal agreement in place on that
autos receiving duty-free treatment LinkedIn was up 13 percent in the and cloud computing has reduced date,” even though the EU is work-
in the region. quarter to $9.7 billion, according to Microsoft’s dependence on Win- ing around the clock for a deal. “The
Ottawa and Mexico also are at odds Microsoft. dows, the dominant software for UK’s withdrawal will undoubtedly
with Trump over the steep import du- LinkedIn revenue increased 37 personal computers that has been cause disruption -– for example in
ties imposed on steel and aluminum, percent as usage soared, the earn- overtaken in the consumer market by business supply chains -– whether or
and have retaliated with punitive tar- ings release indicated. Microsoft mobile devices powered by Google not there is a deal,” the commission
iffs on US products. bought LinkedIn two years ago or Apple software. added. It highlighted checks at a new
border, the validity of licences, cer-
“Imports help drive innovation. They help drive production” tificates and authorisations issued by
Britain as well as data transfers. Brit-
Auto industry pleads against new Trump tariffs ons voted to leave the 28-nation bloc
US auto industry officials pleaded Since the spring, Trump has would weaken domestic investment, in June 2016, but negotiations were
Thursday with President Donald launched trade wars with European, notably in the efforts to develop tech- only launched a year later and have
Trump’s administration to reject a Asian and North American trading nologies such as electric and autono- bogged down frequently since then.
plan to impose tariffs on vehicle im- partners, showing particular disdain mous vehicles. Stumbling blocks include the fu-
ports, which could cripple domestic for lopsided tariffs he said allow im- “Imports help drive innovation. ture of the border between EU mem-
manufacturing and cause job losses. ported autos into the United States They help drive production,” said ber Ireland and the British province
Citing national security concerns, but keep US-produced vehicles out Linda Dempsey of the National As- of Northern Ireland against a back-
the Trump administration in May of foreign markets. sociation of Manufacturers, a major drop of discord in London.
called for an investigation into auto Commerce has been collecting Washington lobby group. Raab is leading negotiations for
imports and proposed to increase tar- public comments on the proposal, “They also help us keep higher the British side since Davis and For-
iffs to up to 25 percent on vehicles which also have been overwhelm- value manufacturing here.” eign Secretary Boris Johnson quit last
and parts. ingly opposed, and is not expected Peter Welch, head of the National week over May’s Brexit blueprint,
Economists warn the measures, to present its findings to the White Automobile Dealers Association, said which would keep Britain economi-
coming on top of a host of other tar- House for about two months. industry research shows the measures cally close to the EU.
iffs, and retaliation from US trading Trump also invoked the national would cause 715,000 job losses. May is battling to unite her Con-
partners, could harm the global econ- security justification to impose steep In addition, the tariffs could slice servative Party around her blueprint,
omy. The overwhelming majority of tariffs on steel and aluminum im- nearly $60 billion off GDP, reduce formally unveiled last week follow-
industry representatives appearing at ports, angering key allies. sales by two million units and raise ing months of cabinet infighting.
a Commerce Department hearing said The US imported $212 billion in monthly auto loan payments. It would see Britain ask the Euro-
the tariffs would cause job losses, autos last year, $151 billion more “Our customers are already pean Union for a free trade area for
damage the economy, make the indus- than it exported, a deficit that has strapped to make those payments,” he goods through a “facilitated customs
try less competitive and price many risen 29 percent since 2013, accord- said. Ann Wilson, a lobbyist for the arrangement” alongside a “common
Americans out of the auto market. ing to Commerce Department figures. Motor & Equipment Manufacturers rulebook”. Brexiteers believe that
Former Missouri governor Matt Despite overwhelming opposition Association, said if US automakers keeps Britain too close to the EU,
Blunt, head of the American Auto- to the auto duties, Commerce Secre- were denied access to low-cost labor while pro-Europeans think it fails to
motive Policy Council, which repre- tary Wilbur Ross said the administra- in other markets, they would lose out protect the country’s dominant ser-
sents big three US automakers Ford, tion was not obliged to heed those to Asian and European manufactur- vices sector, among other gripes.
General Motors and Fiat Chrysler, views. ers. “If we are not able to have access The backlash has seen the prime
said the domestic industry was “very “This is not a plebiscite,” he told to that, we are no longer going to be minister face persistent rumours Tory
concerned” tariffs would undermine CNBC early Thursday, adding that he able to be globally competitive,” she MPs are planning to topple her.
benefits from December’s sweeping was not surprised the opposing voic- said. Barnier has warned that it will be
corporate tax cuts. es dominate since “The affected par- The United Auto Workers trade difficult to conclude the negotiations
He said “there is no evidence that ties are the ones who will likely give union stood out as a lone voice of by the October target, which would
automotive imports pose a threat to testimony.” Several participants at support, but warned that “rash ac- give parliaments on both sides time
our national security.” the hearing said the proposed tariffs tions” could be harmful. to endorse the deal.

Page 5 Friday July 20, 2018
“Going forward, you never know what you’re going to have in Scotland”
Kisner leads British Open as Spieth starts title defence with a splutter

Kevin Kisner of the United States led morning, no wind at all. So you had
the way at the British Open on Thurs- to go out and take advantage of it,”
day as his friend Jordan Spieth’s de- said Van Rooyen, whose compatriot
fence of the Claret Jug got off to an Brandon Stone joined American pair
inauspicious start at Carnoustie. Ryan Moore and Brendan Steele in
Kisner went out in one of the first shooting a three-under 68.
groups just before 8am (0700 GMT) Meanwhile, a host of big names
and had an eagle and four birdies in lurk ominously at two-under, includ-
his five-under-par round of 66 on a ing last year’s PGA champion, Justin
perfect summer’s day on Scotland’s Thomas, and Zach Johnson, the 2015
east coast. Open champion at St Andrews.
“The golf course is great for me,” Former Masters champion Danny
said the 34-year-old, who led going Willett and Spanish promise Jon
into the final round of last year’s PGA Rahm matched them, while Rory
Championship before dropping away McIlroy also shot a 69, back at the
to finish tied for seventh. course where he was the best amateur
“Going forward, you never know as a fresh-faced teenager the last time
what you’re going to have in Scot- The Open came here in 2007.
land. I know the rain is coming in to- The Northern Irishman adopted an
morrow,” added Kisner, who is shar- attack-minded approach and had just
ing a house with Spieth and several one dropped shot all day, at the par-
other US stars this week. US golfer Kevin Kisner plays out of a green-side bunker (Photo AFP) four fifth hole.
“I don’t think the rain is going to three shots on the next two holes. He Finau and South African duo Zan- “I got away with some tee shots,
affect how the golf course is playing then drove into the Barry Burn on the der Lombard and Erik van Rooyen, but at the same time, I think that’s
in one day, but I have to just keep do- 18th, and ended with another bogey. with the latter taking advantage of the what I have to do. That’s my game
ing what I’m doing.” Americans have “It felt like a missed opportunity. ideal summer weather on his Open plan this week. I’m convinced that
won the last five majors and will take I felt like I was really going well,” debut. that’s the way that I should play it.
some beating this week, with a resur- said the Texan, who hopes that a turn Van Rooyen went out in the second It’s not going to be for everyone,
gent Tiger Woods and Spieth among for the worse in the weather forecast group of the day at 6:46am and shot but it worked out pretty well today,”
those hoping to be in contention. for Friday will spark an upturn in his 67, the only flaw on his scorecard said McIlroy, who is looking to end a
However, while Woods was a late fortunes. coming with a bogey at the last, the four-year major drought here.
starter on Thursday, not teeing off “I think I’m certainly in a recover- hole that was the scene of Frenchman World number one Dustin Johnson
until mid-afternoon, a poor end to able situation. I mean, I imagine this Jean Van de Velde’s infamous final- endured an afternoon to forget, how-
his first round saw Spieth finish the is as easy as the course could play.” day meltdown in 1999. ever. He shot a five-over-par 76 and
day one-over after a 72. He went to Trailing Kisner by one shot in the “It was playing as easy as it was now faces a struggle just to make the
the 15th tee three-under, only to drop clubhouse are his compatriot Tony going to play this whole week this weekend.

The team said “Our whole team is full of All-Stars”
Nuggets first-round NBA Draft Red Sox, Yankees top Astros threats as MLB second-half looms
pick Porter has back surgery Major League Baseball’s mid-season three consecutive All-Star Games, reliever Brad Hand to join solid
righty starters Trevor Bauer and Co-
leads the American League with 188
All-Star Game break ended Thursday
Denver Nuggets first-round pick Mi- with the arch-rival Boston Red Sox strikeouts and a 2.23 earned-run aver- rey Kluber. The Indians are 52-43 and
chael Porter Jr. has undergone a sec- and New York Yankees looking like age with a 10-4 record. 7 1/2 games ahead in the division.
ond surgery to address back trouble the biggest threats to the reigning But the Yankees counter with Luis And then there is the up-for-grabs
that saw him slide to 14th overall in champion Houston Astros. Severino, a 24-year-old Dominican National League, with eight teams
last month’s NBA Draft, the team The Red Sox, who hadn’t won a right-hander who stands 14-2 with a having between 50 and 55 wins --
said Thursday. World Series since 1918 until cap- 2.12 ERA this season, and two of the four of them being in the NL West
“Michael Porter Jr. has undergone turing the 2004 crown, own the best sport’s top sluggers in Aaron Judge, division. The reigning NL champion
surgery of the lumbar spine at The record in the major leagues at 68-30 with 25 homers this season, and Los Angeles Dodgers, losers to Hous-
Carrell Clinic in Dallas, Texas,” the in quest of their fourth title in 15 sea- Giancarlo Stanton, who has hit 23. ton in a seven-game thriller World
Nuggets said in a statement. “There sons and first since 2013. “We had a great first half. We’re Series last year, added power-hit-
is no timetable for his return to bas- The Yankees rank second overall not where we want to be, especially ting shortstop Manny Machado in a
ketball participation.” and in the American League East di- chasing Boston right now, but we’ll Wednesday trade with Baltimore that, citing Porter’s camp, vision at 62-33, just in front of the AL recover,” Judge said. “(We’ll) get go- should enhance their repeat chances.
reported that the latest procedure has West-leading Astros at 64-35. ing in the second half.” It has been 30 years since the
“led to a greater understanding of “We’ve had some of our iconic Expect great things as well from Dodgers won a World Series but the
Porter’s herniated-disks condition” franchises, most notably the Yankees the Astros, who at 64-35 are five addition of Machado could help them
and raised confidence he will move and the Red Sox, having unbeliev- games in front of Seattle (58-39), overcome a tight division they lead at
on from the injury. able years,” MLB commissioner Rob which holds the final AL wild-card 53-43 with Arizona at 53-44, Colora-
According to the website, the Nug- Manfred said. “It looks like it’s going playoff spot by three games over di- do third on 51-45 and San Francisco
gets don’t currently plan to have him to be a good race all the way through vision-foe Oakland (55-42). a threat at 50-48.
sit out the entire 2018-19 season. September.” Boston boasts two of the Houston boasts the major leagues’ It could be that only the division
Porter, 19, had back surgery in No- top three batters in the major leagues top starting rotation -- the pitchers winner even reaches the playoffs with
vember and played just three games in All-Star outfielders Mookie Betts, led by right-handers Gerrit Cole (10- Philadelphia (53-42) and Atlanta (52-
for the University of Missouri. averaging an MLB-best .359 at the 2), Charlie Morton (11-2) and Justin 42) atop the NL East division and
Considered a potential number one plate, and J.D. Martinez, who leads Verlander (9-5) going 47-21 with an the Chicago Cubs (55-38) ahead of
overall pick before the surgery, he the majors with 29 homers and 80 MLB-low 3.02 ERA. And only the Milwaukee (55-43) in the NL Cen-
also canceled a workout a week be- runs batted in. Red Sox have plated more than the tral. Those clubs would take division
fore the draft and wasn’t taken until “Our whole team is full of All- Astros’ 500 runs. titles and two wild-card playoff spots
the Nuggets made him the 14th selec- Stars,” Red Sox first baseman Mitch The Astros are a threat to become as things stand now.
tion. Moreland said. “We’ve proved it the first back-to-back World Series The Cubs, who ended the longest
Porter signed his multi-year NBA day in and day out that we’re a re- champions since the Yankees won title drought in American sports his-
rookie contract this month, which ally good team and we have had fun three in a row from 1998-2000. tory by winning their first title since
specifies a $2.4 million salary for the doing it.” Red Sox left-hander Chris But don’t sleep on AL Central 1908 in 2016, collect their second
2018-19 campaign. Sale, only the third pitcher to start leader Cleveland, which added ace crown in three seasons.

Page 6 Friday July 20, 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
9 4 9 6 7

6 5 9 1 8 4 1 3

9 2 4 3 5 6 5 2

7 2 4 1 8 1 2 4 5

5 8 9 4 1 4 8 6 7 2
1 2 3 4 5 6 7 8
3 6 5 8 2 6 7 8 1
9 10
11 12 13
2 4 3 1 6 14 15 16 5 8 17 3
18 19 20
6 8 7 4 2 21 22 9 23 24 1 5
25 26 27 28
9 6 5 29 8 30 31 7
32 33 34
35 36
1 2 3 4 5 6 7 8 ACROSS DOWN

9 10 1 Memory loss 2 Distance runner
7 Compact disk 3 New Mexico (abbr.)
9 Forcefully 4 Duke
11 12 13 10 Further 5 Trigonometric function
11 Strontium (abbr.) 6 Indy 500 st.
14 15 16 17 12 Registered nurse 7 Spread rumors
13 Zilch 8 Doctor (abbr.)
14 Waffle topping (2 wds.) 10 Evergreen tree
18 19 20 18 Terminal abbr. 11 Libel
19 Milliliter 13 Big Apple (abbr.)
20 Mrs.'s companion 15 Pop
21 22 23 24
21 I see 16 Charleston locale
22 Frequency modulation 17 Tine
25 26 27 28 24 Card game 22 Adjust
25 Allergy medicine 23 Montana (abbr.)
29 Fisherman's tool 24 United States (abbr.)
29 30 31
30 No.'s opposite 26 Spelling contest
31 Attorney General (abbr.) 27 U.S. Department of Agriculture
32 33 34 32 "To the right!" 28 In the near future
33 Borrow 32 Leave
35 Oregon (abbr.) 33 Tree sloth
35 36
36 Bride-to-be 34 Personal computer (abbr.)
Fold Fold
ACROSS 3 2 1 4 5 9 7 8 6 DOWN 4 2 9 6 7 3 8 (52)8183105037
[email protected]
1 Memory loss 1 6 4 2 9 7 8 3 5 2 Distance runner 3 U N O F M A H [email protected]
Information Source:
7 Compact disk 9 3 5 8 1 4 6 2 7 3 New Mexico (abbr.) M A P L E S Y R U P Agence France-Presse (AFP)
Printed and distributed locally in each hotel.
All rights reserved.
9 Forcefully 8 1 9 3 7 5 2 6 4 8 4 Duke 7 3 9 2 1 4 F A R N I L R N A M A I N S R Reproduction in whole or in part by any printed
or electronic without permission of the publisher.
10 Further 6 4 2 9 8 1 5 7 3 5 Trigonometric function C D A M N E S I A
11 Strontium (abbr.) 6 Indy 500 st. Solution:
12 Registered nurse 7 Spread rumors
13 Zilch 8 Doctor (abbr.)
14 Waffle topping (2 wds.) 10 Evergreen tree
18 Terminal abbr. 11 Libel
19 Milliliter 13 Big Apple (abbr.)
20 Mrs.'s companion 15 Pop
21 I see 16 Charleston locale
22 Frequency modulation 17 Tine
24 Card game 22 Adjust
25 Allergy medicine 23 Montana (abbr.)
29 Fisherman's tool 24 United States (abbr.)
30 No.'s opposite 26 Spelling contest
31 Attorney General (abbr.) 27 U.S. Department of Agriculture
32 "To the right!" 28 In the near future
33 Borrow 32 Leave
35 Oregon (abbr.) 33 Tree sloth
36 Bride-to-be 34 Personal computer (abbr.)


SPA RESERVATIONS EXTENSION 5600 Open Daily 7:00 am – 7:00 pm
Nopal Detox Treatment
A visit to the Spa at Hacienda Beach Club and
Residences is a journey into a world of sensation, Using the natural gifts from Mother Nature, we offer a
beauty and balance. The Spa’s serene desert garden nutrition, beauty and rejuvenation for your skin.
garden environment creates an atmosphere of An initial dry brush exfoliation will stimulate the
luxury with a sense of place and invites guests to lymphatic flow and lift off dry skin, encoraging the skin
relax while restoring a connection with the natural
to breathe. Next a natural oil and salt scrub will create
rhythms of life. Poised amid the historic a smoothness and natural glow by removing the rough,
architecture and traditional decor of Hacienda,
outer layer of your skin and reveling a new soft
and the vibrant colors and textures of Cabo San
Lucas, the Spa offers a peaceful haven for physical, freshness underneath. Nopal , a native Mexican cactus,
mental, and emotional renewal. is then applied in a thin layer and the whole body wrapped to encorage
detoxification and skin conditioning, the resols leave the body purified and skin
Fitness Class Schedule refreshed. 80 min $200 USD + TAX
Fitness Center 6 am – 9 pm daily
Each of our cardio stations is equipped with a Spa Manicure & Spa Pedicure
television. We supply headphones, towels and bottled
water for your visit. Maintain your fitness regimen or start
a new one with guidance from our personal trainers! These treatments include cleansing and massage of the hands and feet, exfoliation,
masque, nail shaping, cuticle conditioning, application of emollient balm and polish.
45 & 60 min $ 50 & 75 USD + TAX
Monday, July 16th
Yoga: 8:00 am – 9:00 am

Tuesday, July 17th
Reformer Pilates: 10:30 am – 11:30 am

Wednesday, July 18th Hacienda Spa Cafe
Boot Camp Training: 8:00 am- 9:00 am

The Hacienda Spa Café is available daily
Thursday, July 19th
serving a selection of healthy snack foods,
Mat Pilates: 10:30 am – 11:30 am beverages and freshly-made smoothies. Let
the Café create a smoothie to your taste or
Friday, July 20th choose from our Smoothie menu. The Café
Functional Training: 8:00 am – 9:00 am
offers Wi-Fi service. Boost Your Energy, enjoy
Reformer Pilates: 11:00 am - 12:00 pm
our delicious Power Peanut Protein Shake!

Saturday, July 21st Adjacent to the Spa Café you can practice and improve your golf game on the
*Cardio Strength Circuit 8:00 am –9:00 am
putting green. Putters and golf balls are available at the Spa Café.

Sunday, July 22nd
Open Daily 7:00 am – 3:00 pm
Boot Camp Training: 8:00 am –9:00 am
Spinning: 9:30 am – 10:30 am
Hacienda Spa Boutique
*Mix of cardio on bike, step including
TRX & Weights overall cardio workout Luxurious beach clothing , sunglasses, jewelry,
with added strength exercises hats and bags, sunscreen, sundries and
aromatherapy products and gifts are available
Private classes at our boutique.
Hacienda Spa offers personal training classes
upon request.

Hacienda Spa & Fitness Center

Group Fitness Class Schedule
July 16 to July 29

Monday, July 16 Monday, July 23

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

Glutes, Abs & Legs: 9:30- 10:30 a.m

Tuesday, July 17 Tuesday, July 24

Reformer Pilates: 10:30 am – 11:30 am Reformer Pilates: 10:30 am – 11:30 am

Wednesday, July 18 Wednesday, July 25

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

Thursday, July 19 Thursday, July 26

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

Glutes, Abs & Legs: 9:30- 10:30 a.m

Friday, July 20 Friday, July 27

Functional Training: 8:00 am – 9:00 am Functional Training: 8:00 am – 9:00 am
Reformer Pilates: 11:00 am - 12:00 pm Reformer Pilates: 11:00 am - 12:00 pm

Saturday, July 21 Saturday, July 28

*Cardio Strength Circuit 8:00 am –9:00 am *Cardio Strength Circuit 8:00 am –9:00 am

Sunday, July 22 Sunday, July 29

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

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

*Mix of cardio on bike, step including

TRX & Weights overall cardio workout *Mix of cardio on bike, step including
with added strength exercises
TRX & Weights overall cardio workout

with added strength exercises.

Hacienda Spa offers personal training classes upon request.

(Fitness classes for ages 16 and up) Hacienda Spa Ext. 5600


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

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


$260.00 USD $345.00 USD $525.00 USD

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

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

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