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Short-seller Hindenburg Research made accusations against the head of India's market regulator. It said that the regulator had links to offshore funds also used by the Adani Group. Adani companies lost around $2.43 billion in market value during a share sell-off on Monday. AdvertisementGautam Adani, one of the world's richest men and founder of Adani Group, has suffered yet another setback. This week, fresh accusations by activist short-seller Hindenburg Research led to a heavy share sell-off at Adani's group of companies, wiping off around $2.4 billion in their total market value, according to Reuters.
Persons: , Gautam, Hindenburg Organizations: Hindenburg, Adani, Service, Hindenburg Research, Reuters, Business Locations: New York
After Pakistani javelin athlete Arshad Nadeem hurtled his way into the Olympic history books, his country threw him welcome celebrations fit for a king. Arshad Nadeem, 27, took the top spot in javelin last week in the Paris Games, becoming the first Pakistani to win an individual gold medal in the country’s history. Arshad Nadeem outside his village in Mian Channu, Pakistan, on Aug. 11. Arshad Nadeem of Pakistan during the men's javelin throw final at the Paris 2024 Olympics, on Aug. 8. “We developed our own weight training apparatus by using iron rods, canisters of oil and concrete.”Gold medalist Arshad Nadeem of Pakistan during the victory ceremony.
Persons: Arshad Nadeem hurtled, Arshad Nadeem, Asim Tanveer, Nadeem, Mian Channu, , Neeraj Chopra, Arshad Nadeem of, Matthias Schrader, Salman Iqbal Butt, Ali Sher Bajwa, ” Nadeem, Arshad, Muhammad Ashraf, , Shahid Nadeem, Kirill Kudryavtsev, Chopra, ” Chopra, “ Arshad, that’s, “ I’ve, Imran Khan, “ Neeraj, Al Organizations: Paris Games, Express Tribune, Olympics, Barcelona Games, Times, Reuters, Getty, Economic Times, Al, Indian Express Locations: Lahore, Mian Channu, Pakistan, Mian, Los Angeles, Arshad Nadeem of Pakistan, Times of India, AFP, India
CEO of India's Biocon discusses first-quarter results
  + stars: | 2024-08-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEO of India's Biocon discusses first-quarter resultsPeter Bains, group CEO of the biopharmaceutical company, outlines its growth outlook.
Persons: India's Biocon, Peter Bains
Adani group is one of the India's largest multinational company with a diversified business portfolio. Shares of Adani Group fell on Monday, after a new report from U.S. short seller Hindenburg accused the chair of India's capital markets regulator of having conflicts of interest that prevented an in-depth probe of fraud allegations. Shares of Adani Total Gas, Adani Power, Adani Wilmar and Adani Energy Solutions also fell sharply on the news. Madhabi Puri Buch and Dhaval Buch both denied wrongdoing and said the report's claims were baseless. Hindenburg's latest report comes roughly 18 months after it first accused the Adani Group of stock manipulation and corporate fraud.
Persons: Hindenburg, Adani, Madhabi Puri, Dhaval Buch, Puri, Gautam Adani, CNBC's Ganesh Rao Organizations: Adani, Adani Enterprises, Adani Energy Solutions, Securities and Exchange Board of India, Sunday Locations: Mumbai, Madhabi Puri Buch, Puri Buch
Adani Group companies shed as much as $19 billion in market value on Monday after Hindenburg Research accused the Indian market regulator probing the group of having links to offshore funds also used by Adani. Adani Enterprises and Adani Ports were among the biggest losers on India’s blue-chip Nifty 50 index. Total losses in Adani companies narrowed to $9 billion after the early plunge. It caused one of the most stunning upheavals in India’s corporate history in January 2023 when it alleged improper use of tax havens and stock manipulation by the Adani Group. “We do not think SEBI can be trusted as an objective arbiter in the Adani matter,” Hindenburg said on Saturday.
Persons: Adani, Gautam, Hindenburg, Madhabi Puri, Vinod Adani, Gautam Adani, , Sunny Agrawal, Buch, ” Hindenburg, SEBI, , Kranthi Bathini, Rahul Gandhi, ” Ajay Seth Organizations: Adani, Hindenburg Research, Adani Enterprises, Securities and Exchange Board of India, SBICAPS Securities, Equity, WealthMills Securities Locations: New York, Madhabi Puri Buch
In May, six Adani Group companies disclosed they had received notices from SEBI alleging violation of Indian stock market rules. Alongside the inquiry into the Adani group, SEBI sent a "show cause" notice to Hindenburg Research alleging that the short-seller violated the country's rules by setting up a short-bet using non-public information. Hindenburg Research said these allegations were "nonsense" in a note published on its website in July, which also made public the regulator's notice. In its latest report, Hindenburg attempts to draw a link between offshore funds that traded in Adani Group shares and personal investments of Buch and her husband. It says that Bermuda-based Global Opportunities Fund, which according to a Financial Times investigation was used by entities connected to the Adani group to trade in share of group companies, had sub-funds.
Persons: Puri, Hindenburg, Buch, Vinod Adani, Gautam Adani, SEBI Organizations: Hindenburg Research, Hindenburg, SEBI, Sunday, Securities and Exchange Board of India, Adani, Adani Group, Fund, Financial Times, Buch, Securities, Exchange Board of India Locations: Krakow, Poland, Puri Buch, Buch, Bermuda
But the new law has also provoked questions about how it will be applied, whether it can effectively protect women from sexual exploitation and whether it risks criminalizing break-ups. Audrey Dmello, director of Majlis Law, a women’s rights NGO in India, supports the new law. She argues “promise to marry” rape cases are under-reported and needed to be tackled through legislation. “Having such a law gives women validity as to what happened to them,” she told CNN. Potential concernsThe new law distinguishes “promise to marry” cases from rape – but some lawyers say the parameters are still vague.
Persons: Narendra Modi’s, Audrey Dmello, , , Burhaan Kinu, he’d, Tanvir Siddiki, , Gopal Krishna, Siddiki, Durjoy Biswas, Vanshika Bhattad Organizations: CNN, Hindustan Times, Locations: India, New Delhi, Chhattisgarh, Varanasi, , Mumbai, Kolkata, West Bengal, Delhi
China’s Great Wall of Villages
  + stars: | 2024-08-10 | by ( Muyi Xiao | Agnes Chang | ) www.nytimes.com   time to read: +14 min
China’s Great Wall of Villages China has moved thousands of people to new settlements on its frontiers. Mr. Akester and Mr. Barnett, who have studied Tibet’s border villages for years, reviewed The Times’s findings. In neighboring Xinjiang and Yunnan, The Times identified six new and 59 expanded border villages. (China says there are hundreds of villages like them, but few details are available and many appear to be mere upgrades of existing villages.) A Times investigation found 12 villages in disputed areas Disputed areas Villages in disputed areas Other villages CHINA CHINA TIBET Arunachal Pradesh Controlled by India Claimed by China BHUTAN INDIA MYANMAR 50 miles CHINA CHINA TIBET Arunachal Pradesh Controlled by India Claimed by China BHUTAN MYANMAR INDIA 75 miles Source: RAIC Labs and The Times analysis of Planet Labs satellite imageryChina makes clear that the villages are there for security.
Persons: , Xi Jinping, Bhutan Gyalaphug, Tian Shan Wang, Matthew Akester, Robert Barnett, Akester, Barnett, India Demchok, ” Mr, Xi’s, Brahma Chellaney, Mr, Chellaney, Liu Pengyu, Brian Hart, India Migyitun, Jing Qian, Tenzin, Organizations: Daily, New York Times, RAIC Labs, Planet Labs, The Times, SOAS University of London, India, China United Front News Network, Times, , Embassy, Local, Planet Labs India, China Power, Center for Strategic, International Studies, Maxar, Center for, Asia Society, Communist Party, Human Rights Watch Locations: China, India, Beijing, Arunachal Pradesh, Tibet, Bhutan, Nepal, Central Asia, Southeast Asia, Tajikistan Fumin, Aimin, Vietnam, Luozha county, Shannan, Tibet Autonomous, Fumin, Xinjiang, Yunnan, China’s, CHINA CHINA TIBET Arunachal Pradesh, China BHUTAN INDIA MYANMAR, China BHUTAN MYANMAR INDIA, New Delhi, South China, Washington, ” India, Ladakh, Times, , Center for China, Central Asians, Dokha
Islamabad, Pakistan CNN —Pakistan partied late into the night after javelin thrower Arshad Nadeem won the country’s first ever Olympic track and field medal with a Games record throw of 92.97 meters to take gold in Paris. The normally cricket-mad nation stayed up late Thursday night to watch Nadeem clinch Pakistan’s first Olympic medal since the men’s field hockey team won bronze in Barcelona 32 years ago. Supporters and family members of Pakistani athlete Arshad Nadeem celebrate after his Olympic victory at Mian Channu in Khanewal district, Pakistan on August 9, 2024. Arshad Nadeem of Pakistan and Neeraj Chopra of India embrace after their gold-silver medal finish at the 2024 Summer Olympic Games. Cricket holds an unofficial but prominent position as the national sport of Pakistan, resulting in increased funding and support.
Persons: Arshad Nadeem, Nadeem, Pakistan’s, I’ve, , Shahid Nadeem, Mian Channu, Shahid Saeed Mirza, ” Nadeem, Norway’s Andreas Thorkildsen, Arshad, India’s, Neeraj Chopra, Grenada’s Anderson Peters, Chopra, Pakistan's Arshad Nadeem, Denis, Andrej Isakovic, Altamish Jiwa, “ Nadeem, ” Jiwa, Arshad Nadeem of Pakistan, Tim Clayton, Corbis, , Nadeem’s, Shehbaz Sharif, “ You’ve Organizations: Pakistan CNN —, CNN, Getty, Geo, Pakistan, Paris, Stade de France, India, Olympic, Cricket, Pakistan’s Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Paris, Barcelona, Mian, Pakistan’s Punjab, Khanewal district, AFP, Beijing, Indian, Saint, Los Angeles
Female athletes of color have historically faced disproportionate scrutiny and discrimination when it comes to sex testing and false accusations that they are male or transgender. Since the Tokyo Games in 2021, track’s World Athletics tightened the eligibility rules for female athletes with DSD conditions. Male athletes are not required to regulate their natural levels of testosterone, and female athletes who do not have DSD conditions also can benefit. In this dysfunction, boxing eligibility rules have not kept pace with other sports, and the issues weren’t addressed ahead of the Paris Games. She challenged track and field’s initial testosterone rules passed in 2011 as a reaction to Semenya.
Persons: Lin Yu, Semenya, , ” Semenya, , Mark Adams, Lin, Dutee Chand, Chand Organizations: Paris Olympics, Tokyo Olympics, Paris Games, International Boxing Association, Tokyo Games, Athletics, Cycling Union, FIFA, Sport, Olympic, IOC, IBA, European, of Human Locations: Algeria, Taiwan, Paris, Rio, Janeiro, Switzerland, Russian, India, Lausanne
Financial-services firms risk the wrath of the Securities and Exchange Commission if their employees make campaign contributions to state or local officials such as Walz. Donating to the campaign would violate the regulator's "pay-to-play" rule, which keeps firms from trying to sway politicians for favors such as managing their state's pension fund. Those employees are also required to get permission to donate to the Harris-Walz campaign. It is possible to sidestep the pay-to-play rule by donating to PACs or Super PACs that aren't directly tied to the relevant candidate. "The Pay-to-Play Rule, although well-intentioned, imposes unique, unquantifiable costs on individuals by impeding their ability to participate in the political process."
Persons: , Joe Biden, Kamala Harris, Tim Walz, Walz, Harris, Donald Trump's, Wells, Mike Pence, Pershing, Patricia Crouse, Crouse, aren't, Hester Peirce Organizations: Service, Street, for Responsive, Democrat, Minnesota Gov, Financial, Securities and Exchange Commission, Business, Citigroup, Citi, JPMorgan, Bank of America, Trump, Pershing, SEC, University of New Locations: Wells Fargo, Indiana, Massachusetts, Tallahassee , Florida, University of New Haven
On Thursday, investors in Asia will assess trade data from Japan and interest rate decision from the Reserve Bank of India. Global equities and currencies plunged earlier this week after the Bank of Japan hiked interest rates to their highest levels since 2008, and the U.S. released weaker-than-expected employment numbers. Asia-Pacific markets were mostly down in choppy trading on Thursday after U.S. stock benchmarks fell overnight, while investors assessed trade data from Japan and awaited India's rate decision. "Assuming that the price stability target will be achieved in the second half of fiscal 2025, the Bank should raise the policy interest rate to the level of the neutral interest rate toward that time," the summary read. Japanese technology investor SoftBank Group said in a statement on Wednesday that it would buy back up to 500 billion yen ($3.4 billion) of its shares as part of its efforts to boost shareholder returns.
Persons: Shinichi Uchida, Lasertec, Korea's Kospi Organizations: Reuters, The Reserve Bank of, Reserve Bank of India, Global, Bank of Japan, Dow Jones, Nasdaq, Nvidia, Nikkei, Bank, SoftBank, Semiconductor, Isuzu Motors, China's CSI, Cathay, Hong Kong's, Airbus Locations: The Reserve Bank of India, Asia, Japan, U.S, Pacific, Hong, Cathay Pacific
Despite being disqualified from the gold medal match just hours after she made Olympic history, Vinesh Phogat is still being hailed by many online for her bravery and resilience. The wrestler from Team India, who on Tuesday became the first woman from her country to make the Olympic finals, will not be participating in the women’s wrestling 50kg gold-medal match due to being "a few grams" over the weight class, according to the Indian Olympic Association. The Indian Olympic Association didn’t elaborate on the matter and requested privacy for Phogat. In a January 2023 letter, the group accused Singh of sexual harassment against several young female wrestlers. Indian wrestler Vinesh Phogat is detained by the police while attempting to march to India's new parliament in New Delhi on May 28, 2023.
Persons: Phogat, USA’s Sarah Hildebrandt, Yui Susaki, Ukraine’s Oksana Livach, Cuba’s Yusneylis Guzman Lopez, Brij Bhushan Sharan Singh, Singh, Singh “, , Vinesh Phogat, Arun Thakur, ” Phogat, Brij Bhushan, India’s, Narendra Modi, Modi hasn’t Organizations: Team India, Indian Olympic Association, Wrestling Federation of India, Tokyo, Getty, , , Indian Express Locations: Wednesday’s, Japan, New Delhi, AFP, Phogat,
DS Smith launched the interpreter program as manufacturers were coming under pressure from all sides. She works on the floor with trainers and supervisors to teach Spanish-speaking workers how to use the equipment. Some of the translated materials are being shared at several of the more than a dozen other facilities that DS Smith operates in North America. He arrived in the United States from Venezuela in 2021 and joined DS Smith the following year after working as a hospital custodian. The jobless rate in the county, where DS Smith is one of five corrugated box manufacturers, has been in the 2% or 3% range since mid-2020.
Persons: DS Smith, Becky Gordon, ” Gordon, Smith, Elissa Ramirez, , Ben Karl, Ramirez, Stacey Thomas, Eduardo Vera, ” Ramirez, Vera, couldn’t, , Molly Whitehead, Whitehead, she’s, Monica Anderton, ” Anderton Organizations: CNN, Nicaraguan, DS, American Translators Association, United, Boone Economic Development Corporation Locations: Lebanon , Indiana, Indianapolis, Frankfort, Lebanon, Indiana, United States, North America, Los Angeles, Mexico, Puerto Rico, Venezuela, Boone County, Boone
High-end real estateAbout 30% of India's UHNWI investments go into luxury real estate, including overseas projects, said Alok Saigal, president of wealth management firm Nuvama Private. People have moved away from investing in land as it is less liquid, and more wealth has been allocated to residential real estate since the pandemic, he added. Around 20% of Dubai's offshore real estate pie is owned by Indian investors. Startups' lureInvesting in startups is becoming increasingly popular, especially with the younger generation of rich Indians, wealth managers told CNBC. Bloomberg | Bloomberg | Getty ImagesAbout 17% of India's UHNWIs' wealth goes into luxury goods, with jewelry, art and watches as top preferences, findings from Knight Frank revealed.
Persons: Knight Frank, Alok Saigal, Alok, Chethan Shenoy, Anand, Saigal, Nitin Chengappa, India's, Chengappa, Anand Rathi Wealth's, LVMH Moet Hennessy Louis Organizations: Getty, India, Nuvama Private, Offshore, Nuvama, CNBC, Standard Chartered Bank, Shoppers, DLF, BMI, Bloomberg, Fitch Solutions, LVMH Moet Hennessy Louis Vuitton SA Locations: Mumbai, Beijing, New York, London, UHNWIs, Dubai, Delhi, New Delhi, India
In today’s edition, we report on how Vice President Kamala Harris’ search for a running mate is nearing the finish line. In case that wasn’t already clear from the vetting, the interviews and the obsessive media attention, consider the long — and still lengthening — list of ways one selection shaped decades of national politics. The pick influenced not just Obama’s electoral victories and the Obama administration but also every successive presidential election since then. And it could keep doing so for years, as Vice President Kamala Harris prepares to make her choice Tuesday. And Harris’ running mate selection could anoint the Democratic Party’s next presidential favorite, potentially into the 2030s.
Persons: Kamala Harris ’, Scott Bland, Barack Obama’s, Joe Biden, Obama, Kamala Harris, Obama’s, David Plouffe, Hillary Clinton, Donald Trump’s, Biden, Harris, Sen, Evan Bayh, Tim Kaine, , Cori Bush, Julie Tsirkin, Kyle Stewart, “ I’m, , Bush, Wesley Bell, Bell, Louis County’s, Israel —, Jamaal Bowman, J D, Lou Organizations: NBC, White House, Capitol, Democratic, Virginia Gov, Kyle Stewart Democratic, NBC News, Israel, Justice Department Locations: Israel, Indiana, Ferguson, Washington, U.S, York, Gaza
We’ve never in my lifetime changed candidates this late in the game,” West said, pausing as she left a Harris campaign office to pick up a new packet of door-knocking materials. “There is a lot of excitement around Vice President Harris, actually. However, despite the preparations, Trump’s campaign has yet to find its footing on a consistent message about the vice president. Outside the campaign, Trump’s allies worry there is no strategy for what is now a competitive race. Vice President Kamala Harris speaks at a gathering of the Sigma Gamma Rho sorority in Houston on July 31, 2024.
Persons: Donald Trump’s, Joe Biden, Trump, Biden, Kamala Harris, Ohio Sen, JD Vance, Harris –, Harris, , , , ” Trump, pollster John McLaughlin, ” McLaughlin, Harper, “ I’ve, We’ve, ” West, President Harris, Joe Lamberti, ” Harris, Rachel Scott, Scott Olson, it’s, Barack Obama, Trump’s, Steven Cheung, “ He’s, Brandon Bell, Trump –, Harris didn’t, ” Rev, Charles Williams, I’m, ’ ” Williams, he’s, Donald Trump, She’s, Carolina Sen, Lindsey Graham, she’s, Vance, Anna Moneymaker, Tucker Carlson’s, they’ve, Alaska Sen, Lisa Murkowski, Schouten, Kate Sullivan, Jeff Zeleny, Steve Contorno, Manu Raju, Morgan Rimmer, Danya Gainor, Lauren Fox Organizations: CNN, Republican, Republican Party, Trump, GOP, National Association of Black Journalists ’, Biden, Harris, Getty, Democrats, Democratic, Democratic Party, ABC, Fox News, Senior Trump, ABC News, National Association of Black Journalists, Indian, Sigma Gamma Rho, Air Force, White, Sigma Gamma Rho sorority, Historic King Solomon Baptist Church, , Senate, Capitol Locations: Milwaukee, Chicago, India, Jamaica, Oakland County , Michigan, Harrisburg , Pennsylvania, AFP, Trump, New York, Georgia, Butler , Pennsylvania, Harris, Atlanta, United States, North Carolina, Houston, Detroit, , Carolina, Sierra Vista , Arizona, Alaska, Mexico, Arizona, Ohio, California
Our mother might be white, he told us, but in this country, that fact was irrelevant to how we would be seen and treated. I cannot say exactly how I knew I was Black before my dad sat us down, but I knew. With my white family I was not white but part white. With my Black family and in the rest of America, I was Black. In American society, this race rule is so embedded that it is not even questioned.
Persons: Donald J, Trump, Kamala Harris, Organizations: Republican Locations: America, Mississippi, Loving, Virginia, Iowa
And each finalist offers the newly minted Democratic Party leader a particular way to balance the ticket. Here’s how each could uniquely help the Democratic ticket — plus the potential drawbacks already getting attention. Andy BeshearNo current Democratic governor has won a redder state than Kentucky, where Beshear has won statewide three times. That appeal could help boost the Democratic ticket with working-class, independent and even some Republican voters in battleground states across the U.S. Tim WalzWalz has won Democratic plaudits for a string of progressive policy wins in his state.
Persons: Kamala Harris ’, Harris, we’ll, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, Beshear, Jon Cherry, Kelly, wouldn’t, Trump, JD Vance, Shapiro, Shawn Fain, , , “ He’s, Pete Buttigieg Buttigieg, Evan Vucci, Buttigieg, Biden, He’s, Donald Trump, Vance, he’s, Joe Biden, Mark Kelly of Arizona, Eric Thayer, Arizona —, Gabby Giffords, UAW’s Fain, Kelly isn’t labor’s, JB Pritzker Pritzker, Pritzker, It’s, Josh Shapiro Shapiro, Matthew Hatcher, Shapiro “, who’ve, Tim Walz Walz, Stephen Maturen, Walz, He’d, Harris ’, they’ve, George Floyd, Walz’s Organizations: Democratic Party, NBC News, Kentucky Gov, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Getty, Concordia Unlike Shapiro, Democrat, U.S, United Auto Workers, CNN, , Fox News, Biden, The Washington, U.S . Navy, NASA, Republican, PRO, Illinois Gov, Chicago, Michigan . Pennsylvania, Trump, Pennsylvania Republicans, Capitol, National Guard Locations: Philadelphia, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Kentucky, Harris, Georgia, North Carolina, Ohio, Appalachia, South Bend , Indiana, Indiana, Michigan, Iowa, Arizona, Central, Mexico, U.S, Illinois, Wisconsin, AFP, Israel, Minnesota, Wisconsin , Michigan, Minneapolis
“I think folks think it’s Trump reverting to his Id,” a longtime Republican communications adviser said. “The momentum is with Vice President Harris, and we just need to work our hearts out until Election Day,” Rep. Ro Khanna, D-Calif., said. “We have multiple pathways to 270 electoral votes,” Dan Kanninen, battleground states director for the Harris campaign, said of the threshold for winning the electoral college. Project 2025, which had been attacked by Democrats, announced that it would stop working on policy after taking criticism from the Trump campaign. “Crazy Kamala is saying she’s Indian, not Black,” Trump wrote on social media.
Persons: Donald Trump, Kamala Harris, Joe Biden, Harris, Ohio Sen, JD Vance, National Association of Black Journalists —, , Trump, , Andrew Hitt, , Kamala, he’s, Sen, Tom Tillis, Biden, Vance, President Harris, Ro Khanna, ” Harris, Chris Kofinis, Hillary Clinton, Ed McMullen, It’s, ” Trump, “ I’ve, Harris ’, it’s, “ Harris, ” Dan Kanninen, ” Kofinis, Lauren Hitt, ” Hitt, Dave McCormick, Democratic Sen, Bob Casey, Jon Tester, Sherrod Brown, Sherrod Brown of Ohio, Brown, Black, rallygoers, Laura Loomer, Mindy Kaling Organizations: Ohio, National Association of Black Journalists, Republican Party of Wisconsin, Trump, NBC, Republican, Democratic, Democratic Party, Republican National Committee, Biden, Washington Post, , Trump stewing, Democratic National Convention, GOP, Democrats, Sun, Republicans, Immigration, Customs Enforcement, National Republican, Committee, Democratic Sens, Black, U.S . Senate Locations: Chicago, Harris, Trump, Pennsylvania, Wisconsin, African American, Switzerland, St, Cloud , Minnesota, West, Wisconsin , Michigan, Georgia, Arizona, North Carolina, Nevada, Michigan, Sherrod Brown of, Minnesota
Harris’ campaign rallies are a clear change from those held by President Joe Biden, the man she is replacing at the top of the Democratic ticket. So hear me when I say: I know Donald Trump’s type.”But the Trump campaign is rushing to define Harris differently. “She knows this is going to be a very close race,” Julie Chávez Rodríguez, Harris’ campaign manager, said in an interview. Chávez Rodríguez and Harris have been close for nearly a decade, since Chávez Rodríguez first took a job as state director for Harris’ Senate office in 2016. The Harris campaign has launched a website advertising more than five dozen jobs.
Persons: Kamala Harris, Harris ’, Joe Biden, Megan Thee, , , Donald Trump, , fraudsters, cheaters, Donald Trump’s, Trump, Harris, ” Trump, Brian Hughes, She’s, ” Julie Chávez Rodríguez, ” Chávez Rodríguez, The, Jen O’Malley Dillon, Biden, Chávez Rodríguez, Chávez, we’re, ” Ashley Etienne, ” Etienne, ” “ Joe Biden, Hughes, Biden’s, ” Harris, Trump’s, “ It’s, Howard, “ Kamala Harris, Judy Chu, Chu, ” Chu, that’s, he’d Organizations: Democratic, Democratic Party, United, Trump, Biden, The Trump, NBC, MAGA Inc, Inc, Central, Northern, Howard University, Washington , D.C, Alpha Kappa Alpha, National Association of Black Journalists, Black, Sigma Gamma Rho, Atlanta, Congressional Asian Pacific American Caucus Locations: United States, California, Wisconsin, Harris ’, North Carolina, El Salvador, Guatemala, Honduras, Mexico, Washington ,, Chicago, Houston, Monterey Park , California
Biles' post on the social media platform X seemed to reference Trump's recent controversial comments that immigrants are "taking Black jobs." The Republican presidential nominee had said, "They're taking Black jobs now and it could be 18, it could be 19 and even 20 million people," during his June 27 debate against President Joe Biden. "They're taking Black jobs, and they're taking Hispanic jobs, and you haven't seen it yet, but you're going to see something that's going to be the worst in our history," Trump said. Data does not support Trump's claim that immigrants are "taking" jobs from American workers. With nine Olympic medals, six of them gold, Biles is the most decorated U.S. gymnast in history.
Persons: Simone Biles, Jamie Squire, Donald Trump, Biles, Joe Biden, Trump, Kamil Krzaczynski, Kamala Harris, Black, Lionel Bonaventure, Harris Organizations: Team USA, Bercy Arena, Getty, Paris, Republican, CNBC, U.S, National Association of Black Journalists, Afp, Democratic, Bercy, Howard University, Washington , D.C, nonconsecutive Games, Olympic Locations: Paris, Chicago, Jamaica, India, Washington ,, U.S, American, Tokyo
When former President Donald J. Trump questioned Vice President Kamala Harris’s racial identity on Wednesday, he lifted a longstanding and false line of attack from the fringes of political discourse to the very center of a presidential campaign. For years, rivals and critics have lodged accusations that Ms. Harris shifts her personal identity to her political advantage, and that she is, in fact, not who she claims to be. Those attacks, based on falsehoods, misinformation and conspiratorial notions, have increased dramatically in the week and a half since she emerged as the Democrats’ all-but-certain standard-bearer. Just hours after President Biden announced that he would not seek a second term, the right-wing agitator Laura Loomer posted on the social media site X that Ms. Harris “pretends to be black” as part of what she called a “delusional, Democrat DEI quota.”The next day, Tucker Carlson, the former Fox News host who spoke at the Republican National Convention last month, said on his popular interview show that the vice president was “sort of Black, sort of Indian.” The rapper Lil Pump, a Trump supporter who has some 20 million followers across Instagram, TikTok and X, said on Sunday that “Kamala Harris isn’t even black…she’s Indian.”
Persons: Donald J, Trump, Kamala Harris’s, Harris, , Biden, Laura Loomer, Harris “, Tucker Carlson, “ Kamala Harris isn’t, Organizations: Fox News, Republican, Convention, Trump Locations: Instagram
Supporters of Bharatiya Janata Party (BJP) hold party flags as they celebrate Narendra Modi's swearing-in ceremony on June 9, 2024. Sopa Images | Lightrocket | Getty ImagesThere is an "internal battle" happening within India's ruling Bharatiya Janata Party over inviting Chinese investments, as the country strives to become Asia's manufacturing powerhouse, Alicia Garcia-Herrero, chief Asia Pacific economist at Natixis said. This proposal was shot down by Trade Minister Piyush Goyal on Tuesday who said that there was "no rethinking at present" on allowing Chinese investments into India, Reuters reported. Experts told CNBC that Chinese investments are needed in India's solar panel and battery manufacturing sectors — two areas that a report, citing Indian government sources last week, mentioned could see easing restrictions on Chinese investments. India increased scrutiny on Chinese investments into the country, and also blocked several Chinese mobile apps including TikTok following the incident.
Persons: Narendra Modi's, Alicia Garcia, Herrero, Natixis, V Anantha, Piyush Goyal, Modi, Garcia, Rajesh Kumar Singh, Harsh, Pant, Tauseef Mustafa, Jaishankar, Punit Paranjpe Organizations: Bharatiya Janata Party, BJP, Asia, Trade, Reuters, CNBC, Department, Promotion of Industry, Internal, Bloomberg, ICT, Communication Technologies, New Delhi's Observer Research Foundation, Afp, Getty, India's Foreign, Adani Locations: Asia Pacific, China, India, Europe, loggerheads, Eastern Ladakh, Tokyo, U.S, Mundra
I think it’s totally reasonable for the president to call that out, and that’s all he did,” Vance said. Trump’s remarks are false – Harris, who was born in Oakland, California, and attended the historically Black Howard University in Washington, has never downplayed her racial identity. “And I think it’s because bad guys all over the world recognize Donald Trump’s about to be back in office, so they’re cleaning house. It would not have solved any of the problems that Kamala Harris has caused.”He said the Biden administration should instead take executive action. “They just need to empower Border Patrol to tell people who want to come in illegally, ‘You’re not allowed to do that.’ They just need to use the authority that the border czar, Kamala Harris, has.”
Persons: Vance, Donald Trump’s, Kamala Harris, , , CNN’s Steve Contorno, Trump, Harris, United States —, , ” Vance, Harris ’, ” “ JD Vance, Donald Trump, Sarafina Chitika, Trump’s, – Harris, Barack Obama, “ It’s, “ I’ve, I’ve, he’s, Biden, Evan Gershkovich, Marine Paul Whelan, Obama, ‘ You’re Organizations: CNN, Republican, National Association of Black Journalists ’, Republicans, Capitol, Black Howard University, Ohio Republican, Trump, United, United States Marine, Wall Street, Marine, Central America, White, Border Locations: Ohio, United States, Mexico, Cochise County , Arizona, Canada, Montreal, Atlanta, Oakland , California, Washington, Houston, Russia, Arizona, Central, Central America
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