Category Archives: Latest News

Lawyer for 2 Schneiderman Accusers Brought Their Claims to Michael Cohen

“The highest levels of our state and city government were well aware of Eric Schneiderman,” he said.

Mr. Gleason refused to identify the officials, and noted that the women he represented were not among the four who came forward this week in an article in The New Yorker that prompted Mr. Schneiderman’s resignation.

A spokesman for the law firm of Clayman Rosenberg, which is representing Mr. Schneiderman, declined to comment. Lawyers for Mr. Cohen did not return a call seeking comment.

In his letter, Mr. Gleason said that after his attempts to assist the women fell on deaf ears, he decided to take their accusations against Mr. Schneiderman to Steve Dunleavy, a former columnist for The New York Post. According to the letter, Mr. Dunleavy “offered to discuss the matter with Donald Trump.”

Within a day of speaking with Mr. Dunleavy, Mr. Gleason said, he received a phone call from Mr. Cohen.

“In the conversation,” Mr. Gleason recalled, “I said, ‘Listen, I’m looking for somebody to help.’ At the time, Trump was considering running for governor. And Cohen said, ‘If Trump runs and wins, you’ll have an ally for bringing these women forward.’”

Mr. Gleason added, “I’m no fan of Michael Cohen, but he was sympathetic.”

At that point, Mr. Trump and Mr. Schneiderman were warring over Trump University in a legal battle bitter enough that Mr. Trump eventually filed a complaint against Mr. Schneiderman with New York State’s ethics watchdog agency. In the wake of the lawsuit, Mr. Trump also posted a cryptic attack on Mr. Schneiderman on Twitter, comparing him unfavorably with two other Democratic politicians felled by scandal: former Representative Anthony D. Weiner and former Gov. Eliot Spitzer.

President Trump today

White House press secretary Sarah Sanders called reports of Donald Trump’s longtime personal lawyer Michael Cohen taking hundreds of thousands of dollars from ATT and Novartis, a major pharmaceutical company, “the definition of draining the swamp” due to the stated fact that the President was not influenced by him.

“This further proves the President is not going to be influenced by special interest. This is the definition of draining the swamp, something the President talked about repeatedly during the campaign,” Sanders said.

A reporter asked how, exactly, this was draining the swamp.

Sanders replied: “I think it pretty clear the Department of Justice opposed the merger and certainly the President has not been influenced by any — or his administration influenced by any outside special interests.”

Trump Outlines Plan to Lower Drug Prices

But his proposals hardly put a scare into that system. Ronny Gal, a securities analyst at Sanford C. Bernstein Company, said the president’s speech was “very, very positive to pharma,” and he added, “We have not seen anything about that speech which should concern investors” in the pharmaceutical industry.

Drugmakers’ stocks jumped immediately after the speech, as did the stocks of pharmacy benefit managers, the “middlemen” who Mr. Trump said had gotten “very, very rich.” The NASDAQ Biotechnology Index climbed 2.68 percent on Friday, and companies that make expensive specialty drugs saw their stocks rise, including Vertex Pharmaceuticals and Biogen. Pharmacy benefit managers Express Scripts closed up by 2.59 percent, and CVS Health finished up at 3.17 percent.

Rather than take aim at the pharmaceutical makers, Mr. Trump said his administration would cut out the middleman, provide new tools to private benefits managers in Medicare’s prescription drug program to negotiate lower prices, stop limiting pharmacists from helping patients save money and speed up approval of over-the-counter medicines so that fewer will require prescriptions.

[Read more on President Trump’s proposals for drug prices at home and abroad]

He also directed his trade representative to make it a priority to stop foreign countries from forcing American drug makers to provide medicines at drastically lower prices than in the United States. “It’s time to end the global freeloading once and for all,” Mr. Trump said.

Mr. Trump’s plan includes ideas that experts say could help lower drug prices.

“It’s framed as a pro-competitive agenda, and touches on a range of government programs that the administration can change through regulation — so that the president can take unilateral action,” said Daniel N. Mendelson, the president of Avalere Health, a research and consulting company. “The trick here for the administration is to do something visible before the midterm elections, so they can take credit for an action that reduces drug prices for consumers.”

These are the most popular stealth Russian Facebook ads from each month

On Thursday, Democrats from the House Intelligence Committee released several-thousand ads that had been run on Facebook as part of Russia’s efforts to interfere in U.S. politics from mid-2015 through August of last year. We broke down the numbers behind those posts, including how many clicks they got each month and how much they cost.

We thought it would be interesting, though, to also pull out the most popular ads that were introduced each month to get a broad sense of which advertising efforts were actually effective. Below, the ad campaigns initiated in each month from June 2015 to August 2017 that received the most overall clicks. (No data is available for June 2017.)

We also included information about whom each ad was meant to target. The people purchasing the ads were often specific in where they wanted the ads to run and whom they wanted to target, usually based on political views or racial identity. Notice, though, that none of the most popular ads are specifically political, talking about Hillary Clinton or Donald Trump. Instead, they’re broadly political, meant, it seems, to encourage association with divisive issues in U.S. politics.

June 2015

72,043 clicks

Targeting: United States

July 2015

21,449 clicks

Targeting: People interested in “Gay pride, LGBT community, Homosexuality, LGBT culture or Same-sex marriage”

August 2015

2,341 clicks

Targeting: People who match “People who like LGBT United, Friends of connections: Friends of people who are connected to LGBT United”

September 2015

18,083 clicks

Targeting: People in Texas

October 2015

4,482 clicks

Targeting: People in Atlanta, New Orleans, Baltimore, Oakland, Calif., Ferguson, Mo., St. Louis and Milwaukee who are interested in “Humanitarianism, Human rights or Humanitarian aid”

November 2015

24,838 clicks

Targeting: People interested in “BlackNews.com or HuffPost Black Voices”

December 2015

31,413 clicks

Targeting: People interested in “Human rights or Malcolm X”

January 2016

2,592 clicks

Targeting: Black people who are interested in “National Museum of American History, Maya Angelou, Mumia Abu-Jamal, The Raw Story or motherjones”

February 2016

15,254 clicks

Targeting: United States

March 2016

5,441 clicks

Targeting: Adults younger than 65 who are interested in “Gay pride, LGBT community, Homosexuality, LGBT culture or Same-sex marriage”

April 2016

16,442 clicks

Targeting: People interested in “Black(Color) or Racism in the United States”

May 2016

18,259 clicks

Targeting: People interested in “Immigration, The Invaders or Politics”

June 2016

11,131 clicks

Targeting: People interested in “Gay pride, LGBT culture, LGBT community or LGBT social movements”

July 2016

5,871 clicks

Targeting: People ages 14 to 40 interested in “Funny Photo’s, Funny Pictures, LOL or Funny Pics”

August 2016

18,796 clicks

Targeting: People interested in “Martin Luther King, Jr., African-American Civil Rights Movement (1954-68), African-American history or Malcolm X”

September 2016

11,684 clicks

Targeting: People interested in “Independence or Patriotism”

October 2016

73,063 clicks

Targeting: People 20 and older who are interested in “State police, Law enforcement in the United States, Police, Sheriffs in the United States, Law enforcement or Police officer, Support Law Enforcement, The Thin Blue Line, Officer Down Memorial Page, Police Wives Unite, National Police Wives Association or Heroes Behind The Badge”

November 2016

19,558 clicks

Targeting: People interested in “Pan-Africanism, African-American Civil Rights Movement (1954-68), African-American history or Black(Color)”

December 2016

56,405 clicks

Targeting: People interested in La Raza as well as “Mexico, Latin hip-hop, Chicano Movement, Hispanidad, Lowrider or Chicano rap”

January 2017

15,590 clicks

Targeting: People interested in Jesus and “jesus love u or I Have Decided to Follow Jesus”

February 2017

49,197 clicks

Targeting: People 16 or older who are interested in “Black nationalism, Pan-Africanism, Police misconduct, African-American culture, African-American Civil Rights Movement (1954-68), African-American history, Black Consciousness Movement, Martin Luther King I, Stop Police Brutality or Black(Color)”

March 2017

16,760 clicks

Targeting: People interested in “Mexico, Latin hip-hop, ChicanoMovement, Hispanidad, Lowrider, Chicano rap or La Raza”

April 2017

30,775 clicks

Targeting: People interested in “Hispanic and latino-american culture, Mexico, Being Chicano, Mexican american culture, Hispanic culture, Latino culture, Latin hip hop, Chicano, Chicano Movement, Hispanidad, Mexican Pride, Lowrider, Chicano rap or La Raza”

May 2017

17,694 clicks

Targeting: People interested in “Hispanic and latino-american culture, Mexico, Being Chicano, Mexican american culture, Hispanic culture, Latino culture, Latin hip hop, Chicano, Chicano Movement, Hispanidad, Mexican Pride, Lowrider, Chicano rap or La Raza”

July 2017

291 clicks

Targeting: “Very conservative” Americans interested in “Stop Illegal Immigration, Laura Ingraham, Fox News Channel, Ron Paul, Tucker Carlson, Rand Paul, Christianity, Bill O’Reilly (political commentator), Rush Limbaugh, Andrew Breitbart, breitbart, Bible, Conservatism in the United States, Sean Hannity, Michael Savage, Mike Pence, Michelle Malkin, Mike Huckabee, Jesus, The Blaze or Donald Trump Jr.”

August 2017

282 clicks

Targeting: “Very conservative” Americans interested in “Stop Illegal Immigration, Laura Ingraham, Fox News Channel, Ron Paul, Tucker Carlson, Rand Paul, Christianity, Bill O’Reilly (political commentator), Rush Limbaugh, Andrew Breitbart, breitbart, Bible, Conservatism in the United States, Sean Hannity, Michael Savage, Mike Pence, Michelle Malkin, Mike Huckabee, Jesus, The Blaze or Donald Trump Jr.”

Trump announces June 12 summit in Singapore with North Korean leader, American prisoners released

President Trump announced Thursday that he will meet North Korean leader Kim Jong Un in Singapore on June 12, locking in a historic, high-stakes summit aimed at curbing the rogue nation’s nuclear weapons program.

Trump made the announcement via Twitter just hours after welcoming home three Americans held captive for more than a year in North Korea during a dramatic, overnight visit to meet their plane at Joint Base Andrews outside Washington. The triumphant moment appeared to convince Trump to overcome any final hesi­ta­tion about the summit, which has been viewed as a potential reward to an outlaw regime that has brutalized its populace and consistently flouted international laws.

“The highly anticipated meeting between Kim Jong Un and myself will take place in Singapore on June 12th,” Trump wrote in his tweet. “We will both try to make it a very special moment for World Peace!”

But even as Trump projected optimism that the summit, the first between sitting leaders of the two countries, could achieve a breakthrough in the United States’ long antagonistic relationship with North Korea, critics began questioning parts of his strategy, including his sudden detente with Kim. During his trip to Andrews, Trump, who last year ridiculed Kim as “little rocket man,” thanked him for being “excellent to these three” Americans, who were released after spending more than a year each in captivity.

Senate Minority Leader Charles E. Schumer (D-N.Y.) sharply criticized Trump’s remarks in a speech on the Senate floor, calling Kim a “dictator” who “robbed them of their freedom.” One of the Americans reportedly asked to get off the U.S. government plane during a refueling stop in Anchorage on the way back from North Korea because he had not seen much daylight during his detention, Vice President Pence said in an interview on “Good Morning America.”

Kim Dong Chul, who had been held in North Korea since Oct. 2015 after being arrested while working in a special economic zone, told reporters at Andrews that he had been sentenced to do hard labor.

The release of the Americans “should not be exalted; it should be expected,” Schumer said. “It is no great accomplishment of Kim Jong Un to do this, and when the president does it he weakens American foreign policy and puts American citizens at risk around the world.”

Republicans rallied behind Trump, with House Speaker Paul D. Ryan (R-Wis.) calling on lawmakers to give the president “some leeway” in his management of the summit process.

“We’ve watched administrations of both parties not be able to achieve what we had all hoped for in North Korea, and that is a peninsula without nuclear weapons,” Senate Majority Leader Mitch McConnell (R-Ky.) said on Fox News. “So this is as close as we’ve ever come. I think everybody’s a little bit cautious in dealing with the North Koreans for all the obvious reasons, but this is quite significant. We’ve gotten this far, and the president deserves all the credit for getting them in a different position.”

Trump cast the cooling of rhetoric as a way to enter the summit on “new footing.”

“This is a wonderful thing that he released the folks early,” he said at Andrews. “That was a big thing, very important to me, and I really think we have a very good chance of doing something very meaningful.”

To a question about Kim’s motivation, Trump said of the authoritarian leader: “I think he did this because I really think he wants to do something and bring that country into the real world. I really believe that.”

The Trump-Kim summit would be the first meeting between a sitting U.S. president and a North Korean leader. Past presidents, including Obama and George W. Bush, were reluctant to meet with the North Korean leadership over concerns that a summit would endorse the regime without securing meaningful commitments over denuclearization.

John O. Brennan, a former CIA director in the Obama administration, said he is concerned Kim is trying to “present an appearance of cooperation” to trick Trump into a summit meeting but will not agree to dismantling his nuclear arsenal.

“I do think that Kim Jong Un, who I despise because of the brutality he has put upon the North Korean people, unfortunately I think he has been masterful in how he has manipulated perceptions and how he has manipulated and quite frankly duped Mr. Trump,” Brennan said Thursday on MSNBC.

Trump had floated other possible locations for the summit. Two weeks ago, the president seemed enamored with the demilitarized zone between North Korea and South Korea, where Kim met last month with South Korean President Moon Jae-in. That inter-Korea dialogue produced remarkable images of the two leaders holding hands while stepping back and forth over the heavily guarded dividing line. Trump ruminated on a “great celebration” to be had if he achieved his own breakthrough with Kim.

But White House aides, cautious about moving too quickly given the complicated, hard-knuckle negotiations to be had over denuclearization, eyed a third-party country. They looked to Europe, but focused more heavily on Southeast Asia, hoping to keep the summit close to the region, while avoiding countries such as China or Russia, which are geopolitical rivals to the United States. Questions over Kim’s willingness to travel long distances also played a role in the planning, officials said.

Singapore, a tiny island nation of 5.6 million that boasts one of the most advanced economies in Southeast Asia, made sense because it maintains diplomatic relations with North Korea, which has an embassy and ambassador in the country. Singapore’s ambassador based in Beijing also is responsible for Pyongyang.

“Singapore is an ideal location for this summit,” said David Adelman, an attorney at ReedSmith who served as U.S. ambassador to the nation from 2010 to 2013 under President Barack Obama.

“Really since its founding, Singapore has carefully cultivated a reputation where East meets West,” he said. “They take great pride in being a friend to all. And they’ve done a great job doing so.”

The country has been the site of other high-profile summits. It plays host to an annual regional security conference, called the Shangri-La Dialogue, which usually draws the U.S. defense secretary and top officials from China and other nations. In 2015, Chinese President Xi Jinping and then-Taiwan President Ma Ying-jeou met in Singapore, the first meeting between the leaders of those two countries in seven decades.

Some South Korean officials had hoped Trump would choose the demilitarized zone, in part because that would afford Moon a chance to potentially meet with the president quickly after his summit with Kim. Moon is scheduled to visit the White House on May 22 to brief Trump on his own meeting with Kim and discuss strategy ahead of Trump’s summit.

Singapore has enjoyed an increasingly close relationship with the United States. In 2012, the Obama administration agreed to upgrade Singapore to a strategic partner, and the countries signed an enhanced security agreement in 2015.

But Singapore also has rigorously sought to maintain good relationships with U.S. rivals, especially China, which has flexed its economic and military muscle as Beijing seeks to expand influence in Southeast Asia.

Lee Kuan Yew, Singapore’s founder, often cautioned that when two elephants fight in the jungle, the grass gets trampled — meaning that small countries must be careful to ensure they maximize their friendships among larger powers.

Trump had pushed countries around the world to cut diplomatic and economic ties to Pyongyang as part of his “maximum pressure” strategy. Singapore has sought to abide by U.N. Security Council sanctions on North Korea, experts said, but its lucrative ports have served as a central shipping hub for North Korean exports over the years.

The president’s visit to the island nation will come five days after he meets with the leaders of six other world powers — France, Germany, Italy, Britain, Japan and Canada — at the Group of 7 summit in Quebec. That setting offers Trump another chance to consolidate support for his negotiations with Kim and will give him another audience with Japanese Prime Minister Shinzo Abe, who remains skeptical about North Korea’s motives.

US Pullout From Iran Nuclear Deal May Unsettle Oil Markets

Predicting where oil prices may go is often likened to a fool’s game.

In a note published on Tuesday, Steve Wood, Moody’s managing director for oil and gas, even predicted that oil prices would eventually decline from current levels.

“Notwithstanding heightened geopolitical risks,” Mr. Wood said, “we expect oil prices will likely stay in the $45-to-$65 per barrel range over the medium term as non-OPEC production grows.”

Goldman Sachs recently estimated that a six-month loss of 250,000 Iranian barrels a day could raise oil prices by $3.50 a barrel over its summer forecast of $82.50 for Brent crude, the international benchmark. (Its price on Wednesday was slightly above $77.)

That is a relatively small increase, but Iran is only one of several flash points where political tensions may reduce crude supplies.

Oil production is collapsing in Venezuela, battles between warlords puts output at risk in Libya, while disruptions during elections in Nigeria later this year could interrupt petroleum flows. Altogether, a major disruption and spike in prices is possible even if American shale drillers push up their production and Western countries release significant amounts of oil from their strategic reserves.

The biggest risk could come from Iran itself. Tensions between Iran and Israel, and between Iran and Saudi Arabia, have been rising in recent months. Rebels in Yemen backed by Iran are threatening Saudi oil facilities as rockets fly across the border on a regular basis. Hezbollah and Iranian forces appear poised to clash with Israel near its Syrian border. And cyberwarfare in the region is escalating.

A rising oil price naturally follows rising tensions in the region.

“If Iran threatens to resume nuclear testing and the U.S. is concerned,” said Gerald Bailey, president of Petroteq Energy, a Canadian company, with long experience in the Middle East oil patch, “any type of confrontation will drive the prices up, even more especially if words or confrontation turn to action.”