President Donald Trump, gearing up for the official start of his 2020 campaign, warned that the U.S. would face an epic stock market crash if he’s not re-elected. He also tweeted in February that “had the opposition party” won in 2016, “the Stock Market would be down at least 10,000 points by now” — an unprovable assertion. And in January Trump suggested that if “you want to see a Stock Market Crash, Impeach Trump.”“We have never had a president so aware of where the stock market is and how much it is up or down on the year,” Chris Rupkey, chief financial economist at MUFG Union Bank NA, said in an email. The more narrow DJIA, whose performance Trump likes to reference, last peaked more than eight months ago, on Oct. 3. Recent figures have shown slowing job gains, and Trump’s tariff threats are weighing on business sentiment.
June 15, 2019 19:07 UTC
A Babe Ruth jersey, circa 1928-30, sold for a record US$5.64 million ($7.59 million) at auction. The sale of the New York Yankees jersey bested the US$4.4 million previously paid for one he wore in 1920, according to Hunt Auctions. The jersey – gray with YANKEES emblazoned across the chest – was one of more than 400 pieces of Ruth memorabilia supplied by his family and some collectors for the auction, which was held Saturday at Yankee Stadium. This is the description of the jersey from the Hunt Auctions catalog:“..let there be no doubt that the pinnacle of all Babe Ruth items, and sports memorabilia in general, is a jersey as one donned by the Bambino himself. To the best of our knowledge, there are six Babe Ruth New York Yankees professional model jerseys of merit known to exist.
June 15, 2019 19:07 UTC
Quebec Premier Francois Legault is holding firm on his plan to scrap thousands of pending immigration applications, meaning 18,000 people would have to restart the application process from scratch. Legault’s statement came shortly before the Coalition Avenir Quebec government’s immigration reform bill was expected to pass on Saturday, despite pleas from the opposition. It would also allow the government to cancel roughly 18,000 immigration applications, some from people who waited in limbo for years as their files languished in the old system. The Parti Quebecois and Quebec Solidaire said the applications of the 3,700 immigration candidates who have already settled in Quebec should be given priority under the new rules. ‘Gesture of humanity’During question period in the House, Quebec Solidaire co-spokesperson Manon Masse implored the premier to show “humanity” and “compassion” for the immigration candidates.
June 15, 2019 18:40 UTC
TORONTO • Kyle Lowry did not lack for big playoff moments before the 2019 playoff season. Lowry said he was lonely at the podium, and the mood was about as grim as it gets in such a setting. He said the off-season was a time to do his own thing, not deal with Raptors management or his new head coach. When it was over and the Raptors had somehow managed to lose a series-opening game again, it was Lowry who took the brunt of the ridicule. Before the Finals kicked off, Ujiri had offered this about Lowry: “I’ve seen him grow.
June 15, 2019 18:33 UTC
What organizers called “the biggest hobby horse event in the world” took place Saturday in Finland’s western town of Seinajoki, which hosted the annual national championships for the sport that simulates the gymnastic elements of real-life horseback riding. HELSINKI - The 400 contestants at a sports arena in Finland show jumped, barrel raced and pranced in a dressage competition. Teens and young girls, mostly 10-to-18-years-old galloped, jumped and pranced with their homemade stuffed horse heads on a wooden stick in the physically demanding competition as over 2,500 spectators watched, Elviira Sarakoski of the Finnish Hobby Horse Association told The Associated Press. Competitor Aquata Kirveskari, 19, said hobby-horsing “is a sport for everybody, but the boys haven’t been participating so much yet. “At real horse stables, you always have adults telling you what is right and how things should be done.
June 15, 2019 18:32 UTC
Italian Matteo Berrettini will face Canadian teenager Felix Auger-Aliassime at the Stuttgart Open in Sunday’s title decider after former Wimbledon runner-up Milos Raonic pulled out of their semifinal on Saturday due to a back injury. He’s always been great to me since I first arrived on Tour when I was a junior,” Auger-Aliassime said of his compatriot. “This week I’m playing really well. I’m feeling really comfortable on the court,” said Berrettini, who has held all 39 of his service games this week. “Since last year I think I’ve improved a lot on grass.”Seventh seed Auger-Aliassime overcame Dustin Brown in a thrilling quarterfinal on Friday after saving a match point in the final set.
June 15, 2019 18:22 UTC
TORONTO — When Toronto Raptors fans gather to watch the N-B-A champions’ parade on Monday, echoes of the “Raptor Foot” won’t be far behind. Turner came up with “Raptor Foot” during the second round of this year’s N-B-A playoffs as the Raps squared off against the Philadelphia 76ers. After the Raptors qualified for the finals, Turner staged his performance on a sidewalk near Scotiabank Arena for Game 1. That’s where a C-T-V News reporter saw Turner doing his dance, recorded a video and tweeted it out. The 17-second clip was an instant hit, collecting thousands of views and inspiring others to create their own versions.
June 15, 2019 18:22 UTC
ST. JOHN’S, N.L.—Police in Newfoundland are warning the public that a convicted sex offender is considered a risk to the community after serving a federal sentence for violent crimes against young women and girls. The Royal Newfoundland Constabulary says in a news release that Dennis Murphy is living in the Paradise area near St. John’s, N.L., after completing a federal sentence in New Brunswick. The police force says there are “reasonable grounds” to fear Murphy might commit another sexual offence and the advisory is part of the RNC’s duty to inform the public. The release says Murphy has committed offences against “vulnerable females” under the age of 18 by supplying them with drugs and alcohol. Murphy’s court-ordered conditions of release include a curfew of 9 p.m. to 6 a.m. and a ban on contact with people under 18.
June 15, 2019 18:00 UTC
MONTREAL—The ice storm that plunged hundreds of thousands of Hydro-Quebec customers into darkness in April cost the provincial utility about $14 million, according to data provided to The Canadian Press. In comparison, Hydro-Quebec said previously that tornadoes that swept the Gatineau area in September prompted about $8.4 million in damage-related expenditures. At the height of the outages, which occurred from April 8-12, some 316,000 residential customers in Montreal, Laval, the Laurentians and the Lanaudiere region lost power. During peak periods, Hydro-Quebec had up to 1,000 employees in the field, alongside teams from Hydro-Sherbrooke and Vermont’s Green Mountain Power. Workers — mainly line labourers — put in nearly 45,500 hours of overtime at a cost of about $3.6 million.
June 15, 2019 17:26 UTC
SANTIAGO, Chile - Chile’s mining minister says one Bolivian has been rescued and another has died in a mine collapse in the northern Antofagasta region. The fate of a third is still unknown. Mining minister Baldo Prokurica said on Twitter Saturday: “After 37 hours of intense work, the rescue of one of the miners trapped in Directorio 8 Mine of #Tocopilla is confirmed. Unfortunately one of the 3 miners is dead and a third is still missing. We will not give up until we find him.”
June 15, 2019 17:26 UTC
WOODS CROSS, Utah - About 100 protesters gathered outside a police agency in northern Utah to demand an officer who pulled his gun on a 10-year-old child last week be fired. The crowd carried Black Lives Matter signs Friday evening and others protesting the incident, including one that said “Hey Cops! Black Lives Matter in Utah founder Lex Scott said her group was inspired to organize the protest after learning the officer would stay on the job. The officer told DJ to put his hands in the air and get on the ground and told him not to ask questions. Protesters called for more police officer accountability and better training for how to deescalate situations and identify bias.
June 15, 2019 16:36 UTC
COLLEGE STATION, Texas - A crowd has gathered at the George H.W. Bush presidential centre at Texas A&M University as part of a birthday celebration for the 41st president and his wife Barbara. Members of the Bush family gathered Saturday to lay a wreath at the couple’s gravesite. George Bush enjoyed skydiving and 12 of the couple’s grandchildren were scheduled to skydive later along with military veterans.
June 15, 2019 16:30 UTC
HAMILTON — NDP Leader Andrea Horwath is promising that if her party wins Ontario’s next election, the province will commit to reducing greenhouse gas emissions at standards in line with international targets. In a post-speech press conference, Horwath could not say how much the plan will cost Ontario residents. “I hope the NDP brings the same spirit of collaboration to their climate plan. The 56-year-old has seen three elections as party leader and has given no indication she plans to step down before the next vote in 2022. Federal NDP Leader Jagmeet Singh is expected to make an announcement at the convention on Sunday.
June 15, 2019 16:23 UTC
Thursday’s tanker attacks in the Gulf of Oman exacerbated the antagonistic fallout from similar blasts in May that crippled four vessels. Saudi Energy Minister Khalid al-Falih said “there must be a rapid and decisive response to the threat” to energy supplies, market stability and consumer confidence after the attacks in the Gulf area, the Saudi Energy Ministry reported on Twitter. “The kingdom is committed to ensuring stability of global oil markets,” the Saudi energy minister said in Japan at a meeting of energy ministers from the G20 group of nations. RestraintAs well as blaming Iran for the tanker attacks, Washington has also said Tehran was behind May 14 drone strikes on two Saudi oil-pumping stations. Britain has backed the U.S. in blaming Iran for the tanker attacks.
June 15, 2019 16:18 UTC
HAMILTON – New Democrat Leader Andrea Horwath unveiled an “ambitious” plan to fight climate change Saturday as she breezed through a leadership review with 84 per cent support. That was the best showing for New Democrats since the Bob Rae government of the early 1990s and came as the unpopular Liberals were reduced to just seven MPPs, below official party status. “I believe we are seeing the ripple effects of electing just a single Green in Ontario,” he said in a statement. “The world’s leading climate scientists are telling us that climate change is moving faster than expected,” Horwath told party activists gathered in a downtown convention centre. Horwath’s climate change plan also promises “the largest building retrofit program in the world” if New Democrats win the next provincial election.
June 15, 2019 16:14 UTC