What I am watching today = May 9, 2019
Curation and commentary from Marc A. Ross
Reporting from Alexandria, Virginia
China, Robocars, Joe Biden, Coal, Howard Stern, Tottenham Hotspur FC
✔️ China plays hardball on trade as talks enter new phase
✔️ China's robocars are being lapped by their US competitors
✔️ So it’s Trump vs. Biden in 2020?
✔️ Coal 'not essential' to human progress, but steel is'
✔️ Howard Stern says he’s changed. How much?
In the works:
The Thought Leader Mindset: Tips, Tactics, and Talents by Marc Ross and Brigadoon Books.
Pope Francis issues new law to force clergy to report sex abuse: DW reports, the groundbreaking new law requires clergy to report suspected cases of sexual abuse to their superiors — and report cases where abuse had been covered up. The law doesn't completely meet the demands of victims' groups.
China plays hardball on trade as talks enter new phase: WSJ reports, the new hard line taken by China in trade talks came after Beijing interpreted recent statements and actions by President Trump as a sign the U.S. was ready to make concessions.
The renminbi is falling in response to the heightened US-China trade tensions.
Citigroup warned the threatened increase of tariffs would cut at least a 0.5 percentage point off growth in the country over one to two years.
As US-China trade talks get started, Trump talks tough: NYT reports, the latest round of negotiations begins today in Washington in an attempt to salvage a trade agreement. Trump has said he would rather walk away from the table and raise tariffs beginning Friday morning than give ground to the Chinese.
US business frustrated as Trump reignites China trade fight: FT reports, companies were confident a deal was close, and then the president issued a new tariff threat.
Trump says Beijing 'broke the deal', vows to keep tariffs: Reuters reports, Trump said that China 'broke the deal' it had reached in trade talks with the United States, and vowed not to back down on imposing new tariffs on Chinese imports unless Beijing 'stops cheating our workers.'
Guardian: 'They'll be paying': Trump blasts China as US prepares to raise trade tariffs
US president tells rally China ‘broke the deal’ and publishes list of imported products that will face higher tariffs from Friday.
Nikkei: Trump and Xi enter endgame with China's 100-year dream on the line
Goals cherished since the May Fourth Movement come under fire from US.
David Fickling: The US and China are living in different universes: After all the talking, there’s still a huge gap in perceptions. That says as much about the countries' leaders as it does about the state of diplomacy.
China holds appeal hearing for Canadian sentenced to death: AP reports, a Chinese court held an appeal hearing Thursday for a Canadian who was sentenced to death for drug smuggling in a case that has deepened a diplomatic rift between the two countries.
Two US warships sail near islands in South China Sea, angering China: The US military says two of its warships have sailed near islands claimed by China in the South China Sea, a move that has angered Beijing at a time of tense ties between the world's two biggest economies. The US guided-missile destroyers Preble and Chung Hoon traveled within 12 nautical miles of Gaven and Johnson Reefs in the Spratly Islands, a US military spokesman told Reuters.
Reuters: US, Japan, India, and Philippines challenge Beijing with naval drills in the South China Sea
AFP: EU urges China to 'change situation' in Xinjiang
China has come under increasing global scrutiny over its treatment of ethnic Uighurs and other Turkic-speaking minorities in Xinjiang, with the EU and the United Nations requesting access to the region.
North Korea launched what appeared to be two short-range missiles toward the country’s east coast - the second weapons test conducted by Pyongyang in less than a week.
Canada votes: How a Green breakthrough could redraw the electoral map: Greens need to go through NDP and Liberal territory to reach official party status and the balance of power.
A frustrated Trump questions his administration’s strategy in Venezuela: WP reports, the president has complained that he was misled about how easy it would be to oust Venezuelan President Nicolás Maduro.
Jonathan Bernstein: Why Trump is failing in Venezuela: He feuds with aides, acts impulsively and holds contradictory opinions. It’s no wonder he can’t get the results he wants.
Defiant May wants new votes on Brexit deal before EU poll: The Times reports, Theresa May is to confront MPs with further votes on her Brexit deal before the European parliament elections as she fends off calls to quit before the summer recess.
Today: The European Council holds an informal meeting in Sibiu to discuss the future of the EU over the next five years.
EU leaders discuss future of Europe at Romania summit: DW reports, leaders of 27 EU member states are meeting in the Romanian city of Sibiu to discuss the bloc's future course after Britain's departure. The summit comes some two weeks before important European elections.
Timothy Garton Ash: Why we must not let Europe break apart: The European project is in big trouble – but it’s worth defending. http://bit.ly/2vWBFlj
Ferdinando Giugliano: Italy limbers up for its next big fight with Brussels: The European Commission’s deficit estimates paint an ugly picture. Another clash between Rome and Brussels is inevitable.
The African National Congress, South Africa’s tarnished ruling party, is on course for its biggest slump in support since coming to power 25 years ago, according to early results from yesterday’s general election.
China's robocars are being lapped by their US competitors: Bloomberg reports, China is getting a late start in the burgeoning field, considering California has allowed public-road testing since at least September 2014. That’s enabling US developers to lap their China counterparts, with Alphabet Inc.’s Waymo LLC logging millions of cumulative test miles in that state alone. But China’s chaotic traffic has the potential to boost the self-driving industry’s capabilities beyond those of the US. “The US is ahead right now,’’ said Bill Russo, chief executive officer of Shanghai-based consultancy Automobility Ltd. “But China will soon make significant strides, and I am fully confident that by 2030 it will be a different game.’’
NYT: Donald Trump Jr. was subpoenaed by a Republican-led Senate panel to testify about meeting with Russians in 2016.
NYT: A House panel recommended that Attorney General William P. Barr be held in contempt of Congress.
Trump, Democrats are locked in a constitutional showdown: WP reports, the two sides appear headed for a court fight over the balance of power between the executive and legislative branches, and at a faster pace than previous legal battles over executive priv
WSJ: Trump’s campaign machine has two-year head start
As 2020 Democratic hopefuls report first-quarter fundraising totals, president’s political committees have been at work since his inauguration.
Trump set up his 2020 operation as he moved into the White House, the earliest start of any president in modern history. His three political committees raised more than $127 million between January 2017 and the end of last year.
The Trump campaign and the Republican National Committee together raised more than $75 million in the first quarter and had more than $80 million in the bank at the end of March.
AFP: In friendly Florida, Trump dreams of victory in 2020
"I want to run so badly. I want this race to start immediately!"
"If you had the choice between Sleepy Joe and Crazy Bernie," Trump said, using his nicknames for former vice president Joe Biden and Senator Bernie Sanders, who are both candidates for the Democratic nomination. "Let's just pick somebody please and let's start this thing," he said, affecting indifference to the choice of political opponent.
'Iowa slingshot': Amy Klobuchar plots midwest route to victory in 2020: Guardian reports, the Minnesota senator, who has consistently won big in a purple state, may have what it takes to beat Trump – if she can survive the primary.
WSJ: Beto O’Rourke picks Obama campaign veteran to oversee delegate strategy
Jeff Berman will serve as senior adviser and has been helping the team since April.
Daniel Henninger: So it’s Trump vs. Biden in 2020? It looks like Democratic voters want plain-vanilla Joe Biden to contest the election against Donald Trump.
Biden’s announcement video made it clear he’s already there, notably playing the race card. The intent is to consolidate black voters and the suburban women who withdrew their votes from House GOP incumbents in the midterms.
California: how 'the ATM of national politics' is shaping the 2020 race: Guardian reports, now that the state moved its primary to Super Tuesday, 2020 hopefuls have more reasons to visit than just to fill their coffers
LAT: Joe Biden woos voters and scoops up campaign cash in Los Angeles
Janan Ganesh: America’s young have little interest in the world: FT reports, Democratic candidates are reflecting a generational indifference to foreign policy. https://on.ft.com/2H9KCN4
Several months into the race, almost none of the 20-plus hopefuls has said anything of note about foreign policy.
Americans who are most keen on global burden-bearing will, to put it tactfully, stop voting over the coming decades. Governments must increasingly answer to an electorate that prioritizes the domestic.
FT: GM in talks to sell Ohio plant to electric trucks start-up
Donald Trump had attacked carmaker over plan to end production at Lordstown factory.
Bloomberg: Trump’s ‘great news’ lands with thud on abandoned GM plant floor
President of union local in Ohio was left out of loop on talks.
Republican governor cautions against celebrating too soon.
Toyota to boost eco-friendly car and engine output in China with investment topping $2.2 billion: TJT reports, Toyota Motor Corp. will invest over $2.2 billion (¥242 billion) in China to boost eco-friendly vehicle and engine production with a local partner to meet growing demand. Toyota plans to add 400,000 units to its annual production capacity for eco-friendly cars at GAC Toyota Motor.
Edgewell Personal Care, owner of Schick razor and other brands, is buying mens’ personal-care start-up Harry’s in a deal the companies say values Harry’s at $1.37 billion.
Chris Hughes: It’s time to break up Facebook: Mark Zuckerberg is a good guy. But his company is a threat to our economy and democracy. https://nyti.ms/2VnAjyW
FT: Laptop in Lebanon led to Carlos Ghosn charge
Data allegedly show how Nissan money benefited former chairman personally.
SoftBank's Son says second $100bn tech fund will launch soon.
Coal 'not essential' to human progress, but steel is, says Rio chairman: SMH reports, Coal is "not essential to human progress", Rio Tinto chairman Simon Thompson has declared in the face of pressure from activist shareholders over the mining giant's response to climate change. Thompson made the remarks in response to comments at the company's annual general meeting by Julien Vincent, executive director of the environmental finance group Market Forces.
Aetna's former CEO explains how he 'elbowed' his way to the C-Suite http://bit.ly/2vNN1YE
Premier League inks global sports betting-data deal with genius: Bloomberg reports, through Betgenius, its sports-betting division, Genius will collect live data from inside stadiums at more than 4,000 games and distribute it in less than a second to hundreds of licensed gambling houses. The deal includes games in the EPL, English Football League and Scottish Professional Football League.
Archie Harrison Mountbatten-Windsor.
"All I'm thinking is, 'I'm going to die'": Howard Stern reveals cancer scare, Trump regrets, and details of a dishy new book: After a health crisis that had him "scared s—less," the $90 million-a-year radio legend opens up about retirement, the one time he lied to his listeners and his metamorphosis from shock jock to insightful interviewer: "I'd feel really f—ing s—ty if I hadn't evolved." http://bit.ly/2H6U042
Howard Stern says he’s changed. How much? Howard Stern, 65, will forever loom large as radio’s bawdiest personality. Since moving to satellite in 2005 he has altered his legacy in unexpected ways. https://nyti.ms/2Hc53ZH
36 hours in Milan: Italy’s capital of fashion and design is expanding its horizons as new cultural projects open in former industrial zones. https://nyti.ms/2HbHlwL
Don't visit Milan. You'd hate it.
Netflix v Cannes: Inside the battle for the future of cinema: An ongoing dispute between the film festival and the streaming giant could forever reshape the movie business. https://on.ft.com/2H8SrTe
Many French cinema owners, who are putting pressure on Cannes to resist Netflix et al, see the streamers’ disruptive attitude as an incursion into their territory.
After hyping a $1-billion Star Wars land, how does Disney get visitors to leave? https://lat.ms/2Hn5911
Tottenham stuns Ajax to advance to Champions League final: WSJ reports, with a second-half hat trick completed in the 96th minute, Lucas Moura carried Tottenham to the Champions League final against Liverpool.
The Times: Hat-trick hero Moura a symbol of Pochettino’s faith in entire Spurs squad
Ajax shares shed more than a fifth after Champions League exit: FT reports, Moura hat-trick sends Amsterdam side out of European football’s biggest club competition.
AFP: 'Moura's miracle': Spurs in dreamland after outlandish comeback
I have just witnessed the greatest back to back soccer matches in my life.
The Champions League is everything and more.
Jonathan Wilson: Belief fuels era of remarkable Champions League comebacks: Liverpool and Tottenham recovered from seemingly impossible situations to show that, in the Champions League, anything is possible these days.
Champions League - Final
Liverpool v Tottenham - Saturday, June 1 @ 3:00 pm ET
Enjoy the ride + plan accordingly.