Trump Accuses Clinton of Deliberately Losing Election So He Could Be Impeached | The New Yorker


“How could one of the most experienced politicians in history lose to the most unfit candidate ever?” Trump asked reporters. “Crooked Hillary lost on purpose because she wanted me to be impeached.”

Trump said that instead of reporting the “fake story” of his campaign’s collusion with the Russians, the media should focus on Clinton’s “diabolical scheme to lose the election.”

Source: Trump Accuses Clinton of Deliberately Losing Election So He Could Be Impeached | The New Yorker

U.S. senators hammer Facebook for power over elections


The hearing marked the first time tech executives have appeared publicly before U.S. lawmakers on the Russia matter, and the tone represented a dramatic shift in fortunes for Silicon Valley, which for years has grown accustomed to favorable regulatory treatment in the United States.

Lawyers for Twitter Inc and Alphabet Inc’s Google also faced questions at the hearing about how Russians used their services, but Facebook drew the bulk of senators’ ire because of its unique role in targeted marketing on the internet.

Facebook has broader reach than the smaller Twitter network, and it offers more powerful targeting capabilities than Google.

Source: U.S. senators hammer Facebook for power over elections

Bitcoin blasts to new all-time high of $6,450


Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream after the world’s largest derivatives exchange operator said on Tuesday it would launch bitcoin futures.

Source: Bitcoin blasts to new all-time high of $6,450

Crashes involving U.S. destroyers were preventable


“Both of these accidents were preventable and the respective investigations found multiple failures by watch standers that contributed to the incidents,” Chief of Naval Operations Admiral John Richardson said.

The guided missile destroyer Fitzgerald almost sank off the coast of Japan after colliding with a Philippine container ship on June 17. The bodies of seven U.S. sailors were found in a flooded berthing area after that collision.

Source: Crashes involving U.S. destroyers were preventable: Navy investigations

Monsanto, BASF weed killers strain U.S. states with damage complaints


Monsanto is banking on weed killers using a chemical known as dicamba – and seeds engineered to resist it – to dominate soybean production in the United States, the world’s second-largest exporter.

The United States has faced a weed-killer crisis this year caused by the new formulations of dicamba-based herbicides, which farmers and weed experts say have harmed crops because they evaporate and drift away from where they are applied.

Source: Monsanto, BASF weed killers strain U.S. states with damage complaints

The quest for tax reform is Ryan’s moment of truth | TheHill


Tax reform has been Ryan’s true passion and life’s work on Capitol Hill.

The former Ways and Means Committee chairman has given countless speeches on the subject and spent the past year pitching the GOP’s tax framework to manufacturers around the country. And tax reform — if it passes or fails — could be the last landmark piece of legislation Ryan works on in Congress, several of his GOP colleagues said.

Source: The quest for tax reform is Ryan’s moment of truth | TheHill

audioBoom | US-based private investigation firms foraying into India

More private investigation firms such as New York-headquartered Mintz Group and California-based Berkeley Research Group are setting up shop in India.

Given the increased scrutiny on overseas investments, the demand for such investigations has risen exponentially.

India has become a more attractive investment destination under the reform-oriented Narendra Modi government, which has also been trying to stamp out corruption and crony capitalism.

Source: audioBoom / US-based private investigation firms foraying into India

What the Return of Quadrilateral Says About India and Emerging Asian Geopolitics | Carnegie Endowment for International Peace


It was Abe who conceived the idea of Asian democracies joining forces. In a book published in 2006 just before he began his first tenure as Prime Minister, Abe called for a quadrilateral dialogue among Japan, India, Australia and the United States.

The quad certainly looked dead, but it was not buried. As China began to assert itself after the global financial crisis of 2008, the Obama Administration moved the United States away from the idea of shared leadership with China (the notorious G-2) towards a balancing strategy.

At the receiving end of Chinese power, Japan thinks it must proactively shape Asian regional environment. As foreign minister Kano put it, “We are in an era when Japan has to exert itself diplomatically by drawing a big strategic picture.”

Source: What the Return of Quadrilateral Says About India and Emerging Asian Geopolitics – Carnegie India – Carnegie Endowment for International Peace

India at risk of ‘currency manipulator’ label from US Treasury


India came under the spotlight after an increase in the “scale and persistence” of its buying up other nations’ money, the Treasury said in an October report outlining the foreign exchange policies of the U.S.’s major trading partners.

But even without the official “currency manipulator” label, being called out by the U.S. Treasury can already limit New Delhi’s freedom in managing the rupee, analysts said. To avoid the designation, the Reserve Bank of India may be looking to reduce its foreign exchange purchases. Doing so at a time when capital inflows are still strong, however, could be costly for the economy, as its domestic currency may become expensive and hurt the country’s competitiveness.

Source: India at risk of ‘currency manipulator’ label from US Treasury

India’s Look East policy is hobbled by the US’s ambiguous role in the region | Quartz


One would be mistaken to believe that the Look East policy has ever figured prominently in US strategy. It would be further incorrect to believe that Washington’s policy shift and the depth of its concern about China structurally changed its relationship with New Delhi or that the Look East policy transformed India into an indispensable partner to the United States.

The convergence of interests was real, but the asymmetry of power between the two countries was such that the relationship was not really necessary for the United States while potentially risky for India.

Source: India’s Look East policy is hobbled by the US’s ambiguous role in the region — Quartz