FROM Matt Schiavenza
Terrorism: Global and Local The massacre of 17 people at Charlie Hebdo wasn't last Wednesday's only terror attack and it wasn't the deadliest either. The same day, a terrorist bomb killed 20 in the capital city of Yemen. The day before that, a 10-year-old girl blew up herself and 19 others in Baga, in northern Nigeria. That's where Bokko Haram is said to have killed as many as 2000 civilians just three days before. But there's been little news coverage of those horrific incidents. Nobody's apologizing for saturation news coverage of what happened in Paris, but are the western media missing the big picture?
Alibaba Goes Public Tomorrow’s opening bell at the New York Stock Exchange will be rung by Chinese multi-billionaire Jack Ma, the owner of Alibaba. He’s expected to set off the biggest Initial Public Offering in American history. But, whatever the stock price, investors won’t actually be getting a piece of the company. Chinese law says foreign investors cannot actually own any part of a Chinese company. That, of course, is what Alibaba is. So, tomorrow’s investors will be getting something different. Matt Schiavenza is with the International Business Times in New York City.
The Challenge of Getting the Truth about China During Vice President Joe Biden's recent visit to China, he complained to the highest officials about the treatment of western reporters. After weeks of anxiety for some two-dozen western reporters, the Chinese government is renewing some press passes. Yesterday, Bloomberg News said its reporters' finally had been granted the annual renewal of their press cards. The New York Times says the same for some, but not all, of its staff in China. Visas will probably follow. But one veteran of 18 years may never return to the country, and others have now been warned. We hear what they've gone through. When stories about human rights and income inequality leak to Chinese audiences, they threaten the power of Communist Party leaders. Will western news agencies now censor themselves? Will the crackdown make it harder than ever to learn about the world's second-most powerful nation?
New Leadership in China China's leadership change is a two-week process that began with praise for the work of the past year by Prime Minister Wen Jiabao. But outgoing President Hu Jintao then listed the multitude of problems that face his successors. Unsustainable development, gaping income inequality, corruption, pollution and dominant state-owned enterprises that stifle innovation are just some of the issues mentioned by Hu. Has he been a failure? That's a question raised by Matt Schiavenza in The Atlantic magazine.
Concern deepens amid Trump's controversies President Trump delivered today's commencement speech to the Coast Guard Academy in Connecticut. As he praised the accomplishments of the graduates, he listed some of his own… and made reference to reports that he leaked intelligence to the Russians and tried to shut down an FBI Investigation into his associates.
Trump's Russia ties intensify with Comey firing Acting FBI Director Andrew McCabe contradicted the Trump White House today, insisting the Bureau had not lost faith in former Director James Comey. He promised to notify the committee of any interference into investigation of the Trump campaign's contacts with Vladimir Putin's Russia. What do we know about those contacts… and how they relate to Trump's business interests and those of his family?
Trump, the GOP and the rule of law Conservatives — and some Republicans — are criticizing the President for "the mess he made" in firing FBI Director James Comey. We hear about a potential successor, the possibility of "obstruction of justice" and the constitutional separation of powers.
Healthcare debate now shifts to the Senate Both parties are celebrating yesterday's House bill to repeal and replace Obamacare. House Republicans are cheering because they were able to pass it. Democrats are happy because they think it's so bad. We look at the details… and the politics.