National Economic Council Chairman Larry Kudlow appears on Fox News immediately following the announcement that President Trump and Chairman Xi will have an “extended meeting” at the G20.
President Trump tweeted about a phone call this morning with Chinese Chairman Xi Jinping. There will be a G20 meeting between Trump and Xi. So, extending our conversation from yesterday…. the “magnanimous panda” approach appears confirmed.
[White House] President Donald J. Trump spoke with President Xi Jinping of China this morning. The two leaders discussed the importance of leveling the playing field for U.S. farmers, workers, and businesses through a fair and reciprocal economic relationship. This includes addressing structural barriers to trade with China and achieving meaningful reforms that are enforceable and verifiable. The leaders also discussed regional security issues. The two Presidents look forward to meeting again in Osaka, Japan at the G20 Summit. (read more)
With Chairman Xi Jinping traveling to North Korea for talks with his captive Kim Jong Un prior to the G20; and with the meeting between Xi and Trump confirmed; it certainly looks like Beijing is deflecting the weakness of their economic/trade position by shifting the optic toward a geopolitical magnanimous panda. The scale of the uprising in Hong Kong was also a likely influence on the margins.
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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL. For Thine is the kingdom and the power and the glory, forever and ever. Amen †
An interesting and moderately positive development in the ongoing fiasco surrounding the prosecution of Paul Manafort. According to the New York Times, Attorney General William Barr’s top deputy, Jeffrey Rosen, sent a letter to New York state prosecutors saying Main Justice was monitoring the planned transfer of Mr. Manafort.
Following the DOJ letter, the decision to transfer Manafort to Rikers Island was reversed.
(Via New York Times) … [L]ast week, Manhattan prosecutors were surprised to receive a letter from the second-highest law enforcement official in the country inquiring about Mr. Manafort’s case. The letter, from Jeffrey A. Rosen, Attorney General William P. Barr’s new top deputy, indicated that he was monitoring where Mr. Manafort would be held in New York.
And then, on Monday, federal prison officials weighed in, telling the Manhattan district attorney’s office that Mr. Manafort, 70, would not be going to Rikers.
While previously pledged support for the Northern Triangle region related to Homeland Security and combating organized crime will continue, the State Department suspends any further financial assistance ($200 million) until the migration crisis is resolved.
President Trump will be officially kicking off his 2020 re-election bid tomorrow night in Orlando, Florida, at the Amway center. While the MAGA rally is scheduled to begin at 8:00pm ET, campaign organizers have had such an overwhelming demand for attendance, they have turned the entire day into a MAGA festival called: “The 45 Fest”.
The Amway center, home to the NBA’s Orlando Magic, will hold between 20,000 to 30,000 depending on layout. However, jumbo screens are being constructed outside the arena for those who attend the festivities but don’t make it inside.
There will be live music, food booths and trucks, street vendors and a day of MAGA festivity prior to the main event at 8:00pm. According to local media people began lining up Monday morning and plan to camp out overnight amid a mass of MAGA patriots and supporters.
ORLANDO – With tents, sleeping bags and coolers of water in tow, Donald Trump supporters began lining up early Monday for Tuesday’s campaign rally in Orlando, nearly two full days before the event.
Outside the Amway Center, where President Trump will officially kick off his 2020 re-election bid at 8 p.m. Tuesday, about two dozen people and counting had staked out a spot along Division Street as of Monday morning. The line had grown to about 50 as of 3 p.m.
Author of ‘The Coming Collapse of China’, Gordon Chang, appears on Fox Business to discuss the mounting U.S. trade tensions with China, the fallout from the protests against Carrie Lam in Hong Kong, and the announced visit by Xi to North Korea.
Chang also sees the visit by China’s Chairman Xi Jinping to North Korea as a strategic and purposeful moment for Beijing; an attempt to find footing against the overwhelming economic punishment being delivered by U.S. President Donald Trump.
Well, well, well…. Against the backdrop of everything we have been discussing about the nature of the U.S. – China – North Korea geopolitics; and considering the current position of all the players; THIS is a very interesting development:
BEIJING (Reuters) – Chinese President Xi Jinping will visit North Korea for two days from Thursday, state media in both countries reported on Monday, making him the first Chinese leader to visit in 14 years.
Neighboring China is reclusive North Korea’s only major ally, and the visit comes amid renewed tensions between the United States and North Korea over efforts to persuade Pyongyang to give up its nuclear weapons.
Mohamed Morsi was Egypt’s leader of the Muslim Brotherhood, supported by President Obama, Hillary Clinton and John Kerry, and installed as Egyptian president by extremists during the Islamist Spring. According to Reuters Morsi collapsed in court today and died:
CAIRO (Reuters) – Ousted former Egyptian Islamist president Mohamed Morsi died on Monday after he fainted in court following a hearing, state television reported.
State television said Morsi, who was 67, was in court for a hearing on charges of espionage emanating from suspected contacts with the Palestinian Islamist group Hamas.