Wednesday, November 30, 2016

Trump: I will dump my business ties


Guardian US Briefing

Trump: I will dump my business ties

President-elect announces he will be leaving his business interests 'in total'; Obama's climate legacy compromised by US investments abroad; Clinton intervenes in Wisconsin recount

donald trump
Trump announced a 'major' press conference in New York City for 15 December. Photograph: Drew Angerer/Getty Images

Mazin Sidahmed


Trump: 'visually important' to sever business ties

President-elect Donald Trump said on Wednesday that he will be "leaving" his business interests "in total" in order to avoid the appearance of a conflict of interest when he becomes president. The president-elect, who has been criticised by constitutional lawyers and ethics counsellors for refusing to give up ownership of his business empire, said in a series of tweets on Wednesday morning that he would hold a press conference on 15 December to announce the details. "I will be holding a major news conference in New York City with my children on December 15 to discuss the fact that I will be leaving my great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!" the president-elect wrote. "While I am not mandated to do this under the law, I feel it is visually important, as president, to in no way have a conflict of interest with my various businesses." Meanwhile Mitt Romney, a key Republican critic of Trump throughout the presidential campaign, dined with the president-elect last night as he continues his awkward attempt to become secretary of state.

Donald Trump: I am leaving my business interests 'in total'

Mitt Romney praises Trump after 'deal with the devil' dinner

Obama's climate legacy tarnished?

Barack Obama is touted as the first "climate president" due to his acknowledgment of climate change and his work to address it. However, an investment bank that operates within the Obama administration has signed billions of dollars of low-interest loans to fund fossil fuels projects, the emissions from which could undo the work Obama has done to prevent global warming. The Export-Import Bank has signed almost $34bn – three times what the bank provided during George W Bush's tenure – worth of low-interest loans and guarantees to companies and foreign governments to build, expand and promote fossil fuel projects abroad. That has amounted to 70 fossil fuel projects during Obama's time in office, and when combined the bank estimates they will push out 164m tons of carbon dioxide – roughly equivalent to the 95 coal-fired power plants in Ohio, Pennsylvania and Oklahoma.

How Obama's climate change legacy is weakened by US investment in dirty fuel

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Trump makes jobs deal with Carrier

Carrier Corporation announced on Tuesday that it will keep nearly 1,000 jobs in Indiana that had been set to be moved to Mexico, after it came to a deal with Trump. The air-conditioning company announced on Twitter that it had to an agreement with the president-elect and Vice-President-elect Mike Pence, Indiana's governor, and they will appear at Carrier's Indiana factory to announce details of the deal on Thursday. Carrier came under the spotlight in February after a video of the company's management announcing its plans to shut down two factories that employed 2,100 people and move them to Mexico went viral. Trump made the company a running theme throughout his campaign, which emphasized his promise to fight trade deals and prevent jobs leaving the country.

Trump reaches deal to keep 1,000 jobs at Indiana plant from moving to Mexico

Brennan: Don't tear up Iran deal

John Brennan, the CIA director, has warned President-elect Trump against making any rash decisions regarding the Iran deal. In a candid interview with the BBC, Brennan said opposition to the deal was the "height of folly". "I think it would be disastrous, it really would: for one administration to tear up an agreement that a previous administration made would be almost unprecedented." The outgoing CIA director raised alarm bells about Trump's potential foreign policy, including Trump's admiration for Vladimir Putin, his anti-Islamic rhetoric and his willingness to use torture.

Tearing up US deal with Iran would be disastrous, says CIA chief

Clinton makes move on recount

Hillary Clinton intervened in the official recount lawsuit for the first time on Tuesday, after she declared her support for having the votes in Wisconsin recounted by hand. Green party presidential candidate Jill Stein had brought a lawsuit against the state of Wisconsin to force the state to recount the votes by hand, after the state's electoral commission said it would allow counties to use electronic machines. Clinton "respectfully supports the issuance of an order requiring a manual recount of all ballots cast in the presidential election in Wisconsin", attorney Joshua Kaul said in the motion, according to the Madison Capital Times. Stein's request was denied on Tuesday, after a judge ruled that counties could decide how they wanted to count the votes. Stein is seeking full recounts in Wisconsin, Pennsylvania and Michigan, all states where Trump beat Clinton narrowly. A coalition of election security experts and activists pushed Stein to enact a recount due to concerns that foreign hackers could have sabotaged the presidential election by tampering with electronic vote counting machines.

US election recount: Hillary Clinton supports hand-counting Wisconsin ballots

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The widow of famed gonzo journalist Hunter S Thompson is working to release six strains of her late husband's preferred marijuana and she is in the process of making them available in states where the drug is legal. "I have found a legal method to extract the DNA from Hunter's personal marijuana and hashish that I saved for 12-15 years," Anita Thompson claimed in a post on her Facebook page.

Hunter S Thompson's widow wants to get you high on his personal supply

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