US – #WeeklyAddress: August 27 – September 2: FBI arrests man who issued death threats to Boston Globe employees

first_img News This appears to be prompted by a CNN article Bernstein co-wrote alleging the president knew about a secret June 2016 meeting at Trump Tower in which a group of Russians were expected to offer unfavorable information on Hillary Clinton. The article’s previously unnamed source, now revealed to be Michael Cohen’s lawyer, Lanny Davis, has since stated that Cohen did not have any knowledge that Trump was aware of the meeting ahead of time. Bernstein promptly replied to Trump’s comments, insisting he stands behind his reporting, which included multiple other sources. FBI arrests man who issued death threats to Boston Globe employees WhatsApp blocks accounts of at least seven Gaza Strip journalists Organisation Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF says Below are the most notable incidents regarding threats to press freedom in the US during the week of August 27 – September 2: The Federal Bureau of Investigation (FBI) arrested California resident Robert D. Chain on August 30 for making threatening phone calls to The Boston Globe. Chain had begun making these calls in response to the news organization’s August 16 editorial campaign. He threatened to shoot employees in the head in one call while referring to the newspaper as “the enemy of the people” in another three days later. Chain will face up to five years in prison and a $250,000 fine if convicted, and is scheduled to appear in federal court on Thursday. “Everyone has a right to express their opinion, but threatening to kill people, takes it over the line and will not be tolerated,” remarked the head of the FBI’s Boston office. In light of the most recent threats to New York Times and Associated Press journalists issued just last week, Chain’s arrest provides a well-needed sense of relief. The photographers were reporting on Trump’s rally in support of Mike Braun, a Republican Senatorial candidate in Indiana. During his speech, President Trump made comments about “fake news,” claiming that it comprised “85% of the media.” The president, Lamarque said, “really woke up the crowd” by “ramping it up a little bit by calling out the New York Times.” In a Friday statement, White House Correspondents’ Association President Olivier Knox said the Trump campaign has apologized for the volunteer’s conduct and taken him off the road. In a following tweet, President Trump wrote that “96% of results on ‘Trump News’ are from National Left-Wing Media” and that Google, among other sources, are “suppressing [the] voices of Conservatives and hiding information and news that is good.”  United StatesAmericas The United States ranks 45th out of 180 countries in RSF’s 2018 World Press Freedom Index after falling 2 places in the last year. June 3, 2021 Find out more Help by sharing this information President Donald Trump accused Google of rigging its search results in favor of the “Fake News Media,” and at the expense of “Republican/Conservative & Fair Media,” in an early morning tweet on August 28.  September 4, 2018 US – #WeeklyAddress: August 27 – September 2: FBI arrests man who issued death threats to Boston Globe employees Trump volunteer physically blocks photographer from photographing protester at Indiana rally Google responded to President Trump’s accusations, detailing how the Search feature algorithm identifies and orders relevant results and “is not used to set a political agenda.” Regardless, the administration is “taking a look” at whether the government should regulate Google’s search engine. In July, President Trump called out social media companies for allegedly “discriminating against Republican/Conservative voices.” June 7, 2021 Find out more News Police body camera footage released on August 28 shows two police officers arresting Susan Greene, a journalist and editor at The Colorado Independent, for attempting to photograph their badges as they responded to a call. The incident originally occurred on July 5 when Greene noticed the officers surrounding a nearly naked handcuffed African- American man on a Denver sidewalk. An investigative reporter who has tracked criminal justice and police brutality for years, Greene approached the scene to take photographs. The officers quickly blocked her, stating she was violating the Health Insurance Portability and Accountability Act (HIPAA). The reporter cited her First Amendment right to record police interactions and refused to put her iPhone camera away. After repeated warnings, the officers handcuffed her and exclaimed, “Stand up straight. Act like a lady.” They proceeded to hold Greene in the car for 12 minutes before releasing her. District Attorney Beth McCann has said that her office will not press charges against the police.center_img For the latest updates, follow RSF on twitter @RSF_en.    Bloomberg News reassigns reporter to new beat after bank CEO complained about behavior Bloomberg News reassigned a reporter who covered Wells Fargo bank after its CEO called Bloomberg’s editor in chief to complain about its coverage, according to an August 27 CNN report. In March 2018, reporter Shahien Nasiripour published a story detailing Wells Fargo’s ties to the National Rifle Association. In response to Nasiripour’s article, CEO Timothy Sloan issued a memo to bank employees. After Nasiripour’s request to view the memo was denied, he engaged in a heated phone conversation with a Wells Fargo spokesperson. Later that month, Bloomberg News Editor in Chief John Micklethwait informed Nasiripour that Sloan had complained about his interactions with Wells Fargo employees and would now be reassigned to cover the Trump Organization. Three senior banking reporters have since left the publication. In a statement, Bloomberg said it “publishes 5,000 stories a day and, like every news organization, we get push back from the companies we cover. We make decisions about how we cover those companies based purely on what is best for our readers.” to go further Follow the news on United States United StatesAmericas RSF_en News News President Trump accuses NBC of altering 2017 Russia interview President Trump alleged in a Thursday tweet that NBC and its chief anchor, Lester Holt, were responsible for “fudging” his remarks from a 2017 interview in which President Trump said he fired former FBI Director James Comey due to his performance, including his handling of the Russia investigation.  Recently released body-cam footage shows journalist handcuffed by two Denver cops for photographing badges Receive email alerts Trump calls Carl Bernstein a “degenerate fool” amidst uncertainty of CNN report’s validity On Wednesday, President Trump described Carl Bernstein, one of the esteemed investigative journalists responsible for uncovering the Watergate scandal, as a “sloppy” and “degenerate fool” who makes up “story after story.”  The president has not specified how NBC altered the interview or offered evidence to support his claim.   Mark RALSTON / AFP President Trump claims Google search is “RIGGED” in favor of “Fake News Media” April 28, 2021 Find out more NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say In Evansville, Indiana, a Trump volunteer physically blocked Reuters photojournalist Kevin Lamarque from photographing a protester at a Trump rally on August 30. A photo of the incident, taken by Associated Press journalist Evan Vucci, went viral overnight. last_img read more

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The Fed’s Contingency Plan for the Next Recession

first_img Demand Propels Home Prices Upward 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Previous: Spotlight on Financial Services Law Firms Continued Next: Puerto Rico’s Ongoing Housing Recovery Tagged with: Economic Growth housing market 2020 Recession The Fed Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / The Fed’s Contingency Plan for the Next Recession January 28, 2020 1,370 Views Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Subscribe in Daily Dose, Featured, Government, News Related Articles The Best Markets For Residential Property Investors 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Fed’s Contingency Plan for the Next Recession Share Save Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Mike Albanese Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago The Wall Street Journal reported that Federal Reserve Officials are looking at a stimulus scheme last used during and after WWII as part of their contingency plan for the next recession. The Fed capped yields from 1942 to 1951—first on short-term bills and then long-term bonds—to help finance war spending and recovery. During the past three recession, the Fed cut its benchmark rate by around 5 percentage points. The current rate is between 1.5% and 1.75%, which leaves less room to counteract a downturn. Fed officials are unlikely to move this rate during their meetings this week. The Journal states that the Fed’s plan for the next recession will rely heavily on two items it used during the 2007-09 recession—bond purchases, sometimes called quantitative easing, or QE, and forward guidance about plans to hold rates at very low levels for longer than investors expect.The Fed cut interest rates for the third time in 2019 in October, dropping its benchmark lending rate for Federal funds to 1.5% to 1.75%.Doug Duncan, Chief Economist with Fannie Mae, said the Fed cited “implications of global developments,” as the rationale for the cut.Jarred Kessler, CEO of EasyKnock, said that expecting the economy to respond positively to declines in interest rates doesn’t always work out.“Lowering rates doesn’t always have the economic impact we think, or expect it to have because it disrupts the natural economic ecosystem,” Kessler said. “Just look at Japan, it can drive housing growth and a push in the stock market, but other facets of the economy are bound to lose. In the longer term this along with inflation can have a very negative impact.”Duncan, in Fannie Mae’s 2020 economic outlook, said housing will lead economic growth over the next year. “While we believe the strength and resilience of the American consumer is the lynchpin of near-trend GDP growth, this year we expect consumer demand to re-establish housing construction as a significant contributor to economic growth—hence our theme for the year: A resilient economy overcomes risks to drive housing,” said Fannie Mae SVP and Chief Economist Doug Duncan. “Strong labor markets, rising wages, and improved household balance sheets offer consumer spending upside potential, including the ability to withstand minor economic disruptions.”Fannie Mae expects the growing economic strength from housing that emerged in 2019 to carry into the rest of 2020, including solid growth in single-family construction spending and low mortgage rates.Recent studies have indicated that this increased residential construction spending could help limit the negative effects of capital-spending weakness, despite not taking up a large segment of the economy. According to Bloomberg utilizing data from the Atlanta Fed, the stronger U.S. housing market could provide a cushion from the effect of a “derailment” in corporate spending. Economic Growth housing market 2020 Recession The Fed 2020-01-28 Mike Albaneselast_img read more

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Malta puts floating storage for offshore renewables on trials

first_imgA start-up from the University of Malta has deployed a scaled prototype of an offshore floating platform with integrated energy storage for trials in the Maltese Grand Harbour.The technology, dubbed the Floating Liquid-piston Accumulator using Seawater under Compression (FLASC), uses pressurized seawater and compressed air to store energy from offshore renewable resources.It is best suited for floating systems since it integrates directly into the platform itself, according to the researchers from the University of Malta.The first scaled FLASC prototype was deployed in the fourth quarter of 2017 in the Grand Harbour of the Maltese Islands.FLASC being transported to deployment site (Photo: University of Malta)The prototype comprises a small-scale tension leg platform (TLP) with a gravity anchor. It uses solar PV as a source of electrical energy to charge the system, which is then discharged in a controlled manner, while key performance data are transmitted in real-time to an onshore station.The prototype also served as a proof-of-concept for a novel method for TLP deployment, said to be faster and safer than existing alternatives by FLASC research team.Potential applications for the technology include floating wind, solar PV, wave and tidal energy systems, along with liquefaction of natural gas, water injection in oil wells and water desalination.The scaled trials have been funded by the Malta Council for Science and Technology (MCST), with technical and logistical support from an oil & gas logistics company Medserv.last_img read more

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