Trump may reportedly blacklist Chinese surveillance giant Hikvision, showing the trade war is shifting from sweeping tariffs to direct attacks on companies

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World stock markets were mixed on Wednesday as traders braced for the Trump administration to potentially add Chinese video-surveillance giant Hikvision to its blacklist.
“Sentiment remains fragile as investors digest the changing face of the trade dispute from broad sweeping tariffs to direct action against single Chinese companies,” says one analyst.
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Traders are bracing for the Trump administration to expand its blacklist of Chinese technology champions, raising the prospect of further escalation of the US-China trade war.

The White House is considering a ban on exports of US components to Hikvision to cut off the flow of American technology to the Chinese video-surveillance giant, according to the New York Times. Similar to its recent restrictions on Chinese telecoms titan Huawei, American companies would require a license from the Commerce Department to trade with Hikvision.

“It’s not looking too great overall, and we continue to witness Washington push hard in one direction and then beat a tactical retreat to test its opponents,” said Neil Wilson, chief market analyst for Markets.com.

The Trump administration has targeted Chinese technology companies as it considers them to be potential threats to natural security, given their close relationship with the Chinese government and laws requiring them to share information if requested.

“Traders are waiting for the next chapter in the unfolding trade drama,” said Jasper Lawler, head of research at London Capital Group. “Sentiment remains fragile as investors digest the changing face of the trade dispute from broad sweeping tariffs to direct action against single Chinese companies.”

However, the Chinese firms’ connections to consumers and US companies makes cutting them off a challenge. The White House has already relaxed its ban on Huawei, allowing it to purchase US goods to support existing devices and equipment for three months.

Trump sanctioned Huawei after the president …read more

Source:: Business Insider

      

Nancy Pelosi is right about impeachment

Before we start, let me say that I am not unaware of the hostility toward President Trump that is said to exist in certain quarters. It is my understanding that the vast majority of people who hold elected office and have a D after their names do not, in fact, like him very much. I have even read words — hundreds of thousands of them, probably — in which it is argued that doing things like complaining on Twitter or making personnel decisions fully within the scope of his authority as head of the executive branch are grounds for his impeachment. State legislatures are inventing wholly new crimes with the intention of charging Donnie with them after he leaves office.

As I write this, Democrats, from centrist hacks like Jerry Nadler of the House Judiciary Committee to that esteemed freshman critic of government waste Alexandria Ocasio-Cortez, are clamoring for Trump’s impeachment on various ill-defined grounds. (So is Justin Amash, a Republican congressman from Grand Rapids, Michigan, who also believes that sending aid to the people of Flint is unconstitutional. It takes all kinds to make a #Resistance, I guess.) There is a reason Nancy Pelosi is ignoring them. It is the same reason that she is the speaker of the House. Pelosi understands that impeachment is a non-starter, something from which her party stands to lose a great deal and gain — well, what exactly?

To take them in reverse order, what is it that Democrats who are calling for the president’s impeachment think is going to happen? Never mind the shaky arithmetic in the House — they would need 218 of the 235 current Democratic representatives to vote yes, 31 of whom represent districts won by Trump in 2016. The Republican-controlled …read more

Source:: The Week – Politics

      

A travel blogger proposed to his girlfriend at the top of a 7,000 ft. active volcano, and the video is as adorable as it is terrifying

Volcano proposal

A travel blogging couple got engaged on the rim of Mount Bromo in Indonesia — an active volcano.
The couple, known as “Our Moving Roots,” share their adventured on their Instagram and YouTube pages.
“While walking atop the crater rim, hearing the deep rumble down below and stunning 360 landscape views, I got down on one knee and asked the love of my life to marry me,” said Jarod, who popped the question. “She was so shocked and couldn’t believe it was really happening.”
The newly-engaged couple describe themselves as “a fitness obsessed Canadian couple who love to travel and adventure.”
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A travel blogging couple got engaged on top of a 7,000 ft. active volcano — and the video of the occasion is as adorable as it is terrifying.

Jarod, who is one half of “Our Moving Roots,” popped the question to Alison when they reached the top of Mount Bromo in Indonesia, which is 7,641 ft. above sea-level.

“While walking atop the crater rim, hearing the deep rumble down below and stunning 360 landscape views, I got down on one knee and asked the love of my life to marry me,” Jarod wrote in the video’s caption. “She was so shocked and couldn’t believe it was really happening.”

In the video you can see Alison’s surprise, and an enthusiastic “yes,” and then they make their way back to their friends.

“Alison quickly said she needed to get off the volcano as she couldn’t process both of these things happening at the same time,” Jarod wrote. “We feel so lucky to have found each other in this adventure called life and there is no one else we’d rather be beside.”

…read more

Source:: Business Insider

      

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