Trump to take pandemic victory lap in TV ‘town hall’

first_imgDonald Trump will wrap himself in the mantle of America’s arguably greatest president with a television extravaganza Sunday at the Lincoln Memorial meant to leave the coronavirus crisis behind and relaunch his election campaign.The businessman Republican is doing poorly in most polls ahead of the November presidential contest with his Democratic challenger Joe Biden, who remains shuttered in his Delaware home.Trump faces criticism for his bruising, divisive style during a time of national calamity, and is accused by some of having botched the early response to the COVID-19 virus. Worse, the previously booming US economy, which was seen as a golden ticket to his second term, is now in dire straits due to the nationwide lockdown.But with officials saying the viral spread has begun to taper, Trump is itching to declare victory and get back on the campaign trail.That audacious shift begins Sunday at possibly the most hallowed monument in the country — the statue of Abraham Lincoln, who led the country through civil war, urged reconciliation, and was assassinated in his moment of triumph.Trump, who calls himself a “wartime president” and the coronavirus an “invisible enemy,” will appear there for a two-hour Fox News “town hall,” taking questions from the usually friendly network’s hosts and from voters appearing by video. The memorial is only just beyond the White House fences, but in the next few days, Trump will break months of self-quarantine with long-distance trips to the key electoral states of Arizona and Ohio.It’s a play that will emphasize Trump’s massive visibility advantage over Biden and, the White House hopes, rewrite the public relations script after gaffes including the president’s suggestion that coronavirus patients ingest disinfectant.Read also: Trump says ‘glad’ Kim Jong Un ‘is back, and well’Patriotic sales pitchLincoln took the gamble in 1861 that only war could preserve the United States by ending slavery and restoring the nation’s ideals of freedom — and he won.Trump often compares himself favorably to the 19th century national hero.Retweeting a fan’s gushing endorsement Sunday of Trump as a great friend of African Americans, the president replied: “So true, although Honest Abe wasn’t bad. Thank you!”So true, although Honest Abe wasn’t bad. Thank you!— Donald J. Trump (@realDonaldTrump) May 2, 2020Now Trump wants to extend that claim to great leadership by asking voters to put behind them the tragic events of the last months and to focus on his promise of “spectacular” economic recovery.The virus — which has killed more than 66,000 Americans — continues to inflict havoc against a background of mass unemployment, trillions of dollars in emergency government aid, and worries about a second viral wave after the summer.But Trump, tapping his salesman’s optimism, says the nightmare will end soon.”We built the greatest economy the world has ever seen,” the president said last week. “And we’re going to do it again. And it’s not going to be that long, OK?”To underline this patriotic self-confidence, he announced a series of flyovers by the military display team, the Blue Angels, including one over Washington, DC, on Saturday.Read also: Trump muses that virus briefings ‘not worth the time and effort’Fanning the flamesDespite Trump’s eagerness to get the economy — and his re-election hopes — moving, medical experts warn premature reopening could bring a disastrous resurgence.On the other side, the president is pressured by many ordinary Americans whose livelihoods are under dire threat.Faced with these conflicting tensions, he has increasingly sided with Republican leaders who advocate re-opening as quickly as possible.As the decision on whether to reopen becomes ever more politicized, Trump has encouraged street protests against the lockdown.Tweeting that protesters should “LIBERATE” states and calling demonstrators in Michigan — who included armed and camouflaged militia members — “very good people”, he is staking out electoral territory.And while he pushes the patriotic themes inside the country, Trump is also amping up criticism on China, where the virus originated, as a foreign opponent.Beijing, he told Reuters last week, “will do anything they can” to stop his reelection — an accusation likely to be repeated often.Topics :last_img read more

ECB adopts ‘streamlined’ pension fund data reporting regulation

first_img“To this end, and taking into account the proportionality principle in particular, the reporting requirements as set out in the initial proposal have been significantly streamlined, especially for smaller pension funds,” it said.There were four main changes to the initial proposal, according to the ECB.These included a postponement of the first reporting deadline, a phasing-in period to align the ECB regime with supervisory reporting requirements from EIOPA, and a clarification of the term “pensions funds managers”. The European Central Bank (ECB) has “streamlined” its proposed regulation on statistical reporting requirements for pension funds in response to feedback.Some pension fund associations had expressed concern about the reporting burden and costs that compliance could entail, in particular given that the European Insurance and Occupational Pensions Authority (EIOPA) was also planning reporting requirements.The final regulation was adopted by the ECB’s governing body late last month, and published on its website last week. The draft regulation was published and put out for consultation in July.In a feedback statement published in connection with the final regulation, the ECB said that, from the outset, it paid attention to the issue of containing costs. ECB headquarters in FrankfurtSource: Source: ECB The ECB said it and EIOPA had cooperated closely and had achieved a “very high” level of convergence between the reporting regimes.“This will allow a single data flow for reporting by the industry, should this be decided at the national level by the respective national central banks and national competent authorities,” said the ECB.This means that, should a national supervisory authority decide, a pension fund would be able to report one set of data to that authority, a spokesman for the ECB confirmed. The authority would then report to the national central bank, which would pass the data to the ECB.Germany’s occupational pension fund association, aba, said the ECB had taken on board several of the requests for change made by German pension associations and PensionsEurope.It said the final regulation was not conclusive about which of Germany’s multiple pension financing vehicles would be subject to the ECB requirements, and that it would be down to the German central bank to make this clear.The new regulation is binding on euro area countries, but non-euro area EU member states are supposed to implement measures that would allow the collection of statistical information needed to fulfil the ECB’s requirements.The purpose of the new reporting and data collection regime, according to the ECB, is to “increase the transparency of pension funds for the benefit of their members, the general public and the economy as a whole”.The new framework would produce enhanced statistics that would “better support the European System of Central Banks in its monetary and financial analyses and its contribution to the stability of the financial system,” it said.last_img read more

The Landing at Hawks Prairie Joins Together to Fight Hunger

first_imgSubmitted by The Landing at Hawks PrairieThe month of November brings chillier temperatures, fall leaves, and an acknowledgment of the holidays right around the corner.  It’s during this time of year that those struggling with hunger need our help more than ever.  With heating bills climbing and expenses high this time of year, donating to the Thurston County Food Bank is more important than ever.The Landing at Hawks Prairie is a plaza of retail shops and restaurants that have joined together to help combat hunger.  Participating stores throughout the plaza are collecting food for the Thurston County Food Bank all month long.  And, those shops are giving you an extra incentive to donate when you visit the shopping complex.  Participating stores are offering free items or significant discounts when you support the food drive.Participating Businesses include Hand and Stone Massage, Cricket, Jack and Jill’s Children’s Salon, Menchies, LA Fitness, Total Nutrition, Americas Best Eye, Popeyes, Sushi go Round, and Mattress Depot and more.While it’s easy to grab a bag of pasta or few bags of Top Ramen, the food bank has some specific, more nutrient dense items that they would like to encourage you to donate.Canned Chicken, Tuna, Spam, or SalmonBeef StewPeanut ButterCanned Fruit in their own Juice (not syrup)Canned Soup – Meat and VegetarianBoxed CerealMacaroni and CheeseCanned ChiliCanned VegetablesPlease consider adding one or more of these items to your shopping list this November.  Then, bring it by The Landing at Hawks Prairie and show your support of the Thurston County Food Bank.   The Food Bank serves over 1400 children each week. There are many hungry families right here in our community.  We hope to help ease that hunger this holiday season. Facebook2Tweet0Pin0last_img read more