News quiz: The London attack, the billionaires club and more

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March 25, 2017 16:07 UTC

The Real Reasons Behind China's Big Investments In Sri Lanka

What’s China doing in Sri Lanka? China has increasingly come to rely on the Middle East for its oil needs, which must be shipped through the Strait of Malacca to reach its shores. And why China has been telling India to stay off Sri Lanka. Though Chinese and Indian markets seem to be ignoring these risks, for now. China’s And India’s EquitiesIndex/Fund 12-month Performance 5-year Performance iShares India (INDY) 21.92% 34.18% IShares China (FXI) 18.90 7.90Source: 3/24/2017

March 25, 2017 16:07 UTC

3 dead as Bangladesh government troops raid militants

Two civilians and a policeman were killed in explosions in Bangladesh on Saturday as troops raided a suspected military hideout in the country's east, police said. Golam Kibria, a senior police official in Sylhet city, said 25 people were also wounded in the explosions, which took place on a road near an Islamic religious school. Troops and militants continued to exchange gunfire late Saturday. The gunbattle with suspected militants comes a day after a man detonated himself near a police post on a busy road near the airport in Dhaka, Bangladesh's capital. The Islamic State group claimed responsibility for the attack, according to the SITE Intelligence group, citing the Islamic State news agency Amaq.

March 25, 2017 16:04 UTC

Trump Is Dragging Us Into Another War... And No One Is Talking About It

Americans have a right to know what Trump is planning and whether this will lead to an Iraq-style occupation of Syria for years to come. Without any official notification, Trump sent 500 new American troops into Syria, ostensibly to take part in the upcoming assault on the ISIS stronghold of Raqqa. They should assure Congress and the American public that we are in Syria simply until Raqqa falls, and no longer. The obstacles to a political plan for the future of Raqqa increase by the week. Without a political plan for the future of Raqqa, a military plan is practically useless.

March 25, 2017 16:01 UTC

Box Office: 'Beauty And The Beast' Snags $23M Friday, 'Kong' Kicks Butt In China

And the likely over/under $317m 10-day domestic total will rank fourth behind the aforementioned three blockbusters. But the film earned an obscene $22m opening day in China for what should be an over/under $60m opening weekend. It's opening in Japan today so I will be very curious to see what that worldwide total looks like this time tomorrow. A $220m+ domestic total is still in the cards for Hugh Jackman's Wolverine finale. The low-budget grindhouse horror film should make around $1.74m (-58%) over the weekend for a $7.5m 10-day total.

March 25, 2017 15:56 UTC

Americans' attacking style in World Cup qualifying win shows the team has options

Was Donovan overstating the ability of American players to emphasize Klinsmann’s role in the U.S. team’s disastrous start of World Cup qualifying? With 18-year-old Christian Pulisic and veteran Clint Dempsey leading the attack, the Americans played with flair. After starting the final stage of World Cup qualifying by falling to Mexico and Costa Rica, the U.S. was in a must-win situation. The constant danger created by Pulisic and Dempsey freed other players to concentrate on doing what they do best. The return of Arena, who previously coached the national team, was widely viewed as a step back for U.S. Soccer.

March 25, 2017 15:56 UTC

Nebraska May Stanch One Town’s Flow of Beer to Its Vulnerable Neighbors

Advertisement Continue reading the main storyThe issue has left people in South Dakota and Nebraska deeply divided. Even under the chill of winter, people huddle outside the liquor stores, silver beer cans poking from coat pockets. Advertisement Continue reading the main storyThe Liquor Control Commission has questioned whether Whiteclay’s county, Sheridan, has enough law enforcement to serve the town. Advertisement Continue reading the main storyWhiteclay is often seen as another somewhat hopeless and entrenched problem. Advertisement Continue reading the main story“The people that want to drink are going to drive and get alcohol somewhere,” he said.

March 25, 2017 15:56 UTC

What Should Democrats Do About Gorsuch?

What should Democrats do about Neil Gorsuch? Unlike obstructionist Republicans, the official party of no, a party that with a clear majority can’t even pass its own wealth /health care plan, the Democrats gave Gorsuch a fair hearing. Democrats, at the risk of stating the obvious: Republicans are not going to respect your sense of fair play, your bipartisanship, your willingness to compromise. In certain rulings, like the “frozen trucker” case, Gorsuch came across as soulless, allowing strict interpretations to trump common humanity. So, Democrats, your direction should be clear: In the name of Merrick Garland, and in the cause of compassion, resist Gorsuch.

March 25, 2017 15:47 UTC

Paul Ryan wasn’t drowning his sorrows in Papa Roach — though the Internet wishes he were

WISH SOMEBODY WOULD TELL ME I’M FINE,” House Speaker Paul D. Ryan did not sing. (Melina Mara/The Washington Post)Friday may or may not have been the day that House Speaker Paul D. Ryan’s dream of repealing Obamacare died forever. The 2017 version of the old game, “What does Paul Ryan listen to when he’s sad?” was — to be clear — totally unfair to Ryan, if not also to Papa Roach. Anyone remember when Paul Ryan did an embarrassing gym photo shoot for Time? — Paul Ryan (@pryan2112) October 12, 2016Unlike Friday’s business, this was not fake news.

March 25, 2017 15:45 UTC

Renegotiate Nafta? Mexicans Say Get On With It

Advertisement Continue reading the main storyMexico, and its investors, need certainty. The delay has irked the Mexicans, who didn’t want to renegotiate the pact in the first place. At the same time, there is a growing awareness that dealing with Nafta, a campaign priority for Mr. Trump, has suddenly taken a back seat to more pressing battles. Indeed, some analysts suggest that Mr. Peña Nieto could kick the decision to his successor if negotiations go on too long. Advertisement Continue reading the main story“The temptation to simply delay the negotiation until it becomes the next president’s problem is real,” Mr. Elizondo said.

March 25, 2017 15:45 UTC

British Party That Backed ‘Brexit’ Loses Its Only Member of Parliament

PhotoLONDON — The short and happy life of the United Kingdom Independence Party, or UKIP, may be coming to a close after its only member of Parliament, Douglas Carswell, quit the party on Saturday to become an independent. Mr. Farage quit as leader; his eventual replacement, Paul Nuttall, recently lost a by-election; and Mr. Banks spoke of founding a replacement party or movement. Advertisement Continue reading the main storyOn Saturday, Mr. Farage said on Twitter: “Carswell has jumped before he was pushed. “I will simply be the member of Parliament for Clacton, sitting as an independent.”Advertisement Continue reading the main storyMr. Banks called on Mr. Carswell to stand down and face him in an election. But that is unlikely, and Mr. Carswell, having quit the Conservatives to join UKIP and then quit the UKIP, will carry on alone.

March 25, 2017 15:43 UTC

Little kid asks good question at NCAA tournament press conference, reporter gets upset

SB Nation has the transcript:SI Kids reporter: “When you coach or teach your team defense, what’s more important, technique or attitude?”Martin: “First of all, a lot of respect to you. — David Caraviello (@dcaraviello) March 25, 2017And he kept up this line of thinking in a rather feeble attempt at an apology later Saturday. Apologies if anyone interpreted tweet last night as disparaging SI Kids reporter. — David Caraviello (@dcaraviello) March 25, 2017Caraviello is right in that deadlines are a pain, especially after already-long NCAA tournament games that go into overtime. Here are some of the "adult" questions from the presser the SI Kids reporter allegedly ruined.

March 25, 2017 15:34 UTC

Explaining Why White Middle Aged America Is Killing Itself - The New Case And Deaton Paper

Back 18 months the team of Anne Case and Angus Deaton (who has since gained the economics Nobel) released a famous paper pointing out that white rural Americans were killing themselves. Excellent, so that intuition of mine about those compositional effects was indeed correct at least in part. And I still think there's more than just a hint of compositional effects here. I think that at least some of the answer here is going to come from compositional effects. The people who always would have been richer and lived longer are now in our college educated group, rather than the non-college educated one.

March 25, 2017 15:33 UTC

Why India has just ten years to decarbonise

Why India has just ten years to decarboniseSome 1.1 billion people now lack access to electricity and 2.9 billion to clean cookingSome 1.1 billion people now lack access to electricity and 2.9 billion to clean cookingThere are currently huge variations in energy use per capita in the world, stretching from over 200 gigajoules (GJ) per capita in the US and Australia, to only 20 GJ per capita in much of Africa. Ensuring access to affordable, reliable, sustainable and modern energy for all is critical, but this challenge is far from being met. Some 1.1 billion people now lack access to electricity and 2.9 billion to clean cooking. The global energy system relies on fossil fuels to provide 80 per cent of total primary energy consumption, and is responsible for about ...Ajay Mathur, Adair Turner & B N Suresh

March 25, 2017 15:33 UTC

Republican John Kasich leads charge for balanced budget vote

"The issue is not a partisan issue," Kasich told The Associated Press in an interview. As a presidential contender last year, Kasich pledged he would balance the federal budget within eight years while cutting taxes and spending more on the military. "A balanced budget amendment forces Congress to make difficult decisions and it provides an excuse to members when they face pressure to spend. Among opponents fighting a balanced budget convention are groups as politically different as the John Birch Society and the League of Women Voters. He said he's surprised Kasich would admit to a balanced budget amendment's role in providing political cover in Washington.

March 25, 2017 15:20 UTC

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