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| The GOP just handed Liz Cheney a megaphone |
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Posted by: superadmin - 05-13-2021, 04:40 PM - Forum: Politics
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(CNN)Finally.
It took a strong woman and a House Republican conference that threatened her. It took GOP leadership more interested in regaining power than in abiding by the Constitution. And it took a Republican Party devoted to nothing other than Donald Trump.
So finally, Liz Cheney did it. It was clear she was going to be voted out of leadership, so she broke with her fellow leaders. She did it loudly and purposefully, saying the quiet part out loud, taking on the former guy directly inside the room with his defenders.
"We cannot let the former President drag us backward and make us complicit in his efforts to unravel our democracy. Down that path lies our destruction, and potentially the destruction of our country," she told them.
She was booed by some of her colleagues, according to a source in the room.
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| Cheney's Mission Impossible to save the GOP from itself |
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Posted by: superadmin - 05-13-2021, 04:32 PM - Forum: Politics
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(CNN)Moments after being demoted by her Republican colleagues, Rep. Liz Cheney vowed to drag her party out of Donald Trump's clutches. Judging by the truth-mocking antics Wednesday of the caucus that turned against her, she has a long, lonely slog ahead.
The Wyoming lawmaker is billing her brave stand against the former President's stolen election lies as the beginning of a new quest to restore the GOP's respect for the rule of law, the Constitution, orthodox conservatism and civility -- all of which were crushed by the ex-President.
But it's far from clear that the Republican Party can be saved or that it particularly wants to be, and any evolution away from its new populist, nationalist Trump personality cult may be the work of many years.
Many have tried and all have failed to counter the former reality star's hostile takeover of the party since he descended his golden escalator at Trump Tower in 2015. Some, like former Ohio Gov. John Kasich, saw their presidential ambitions fade. Others, like Arizona's Sen Jeff Flake, were driven out of politics entirely. Some, like Sen. Ted Cruz of Texas, couldn't beat Trump so they joined him.
So Cheney, who will, in the short term at least, get a national platform to try to build a viable anti-Trump Republican movement, has her work cut out.
"I intend to be the leader, one of the leaders, in a fight to help to restore our party," Cheney said in an interview that's airing in full on NBC's "Today" show Thursday.
Cheney's decision to sacrifice her career for her principles and in defense of truth will not quickly be forgotten by history.
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| Softbank just shocked its critics by landing the biggest profit in the history |
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Posted by: superadmin - 05-12-2021, 08:32 PM - Forum: Business, Economy and Investment
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Softbank just shocked its critics by landing the biggest profit in the history of a Japanese company
- SoftBank reported a record $36.99 billion Vision Fund unit profit from a fourth-quarter investment gain on Coupang.
- The results put it among the world’s biggest earning firms a year after an unprecedented loss.
- Group net profit was $45.88 billion in the year ended March, topping the $42.5 billion made by Warren Buffett’s Berkshire Hathaway in its last business year.
SoftBank on Wednesday reported a record 4.03 trillion yen ($36.99 billion) Vision Fund unit profit from a fourth-quarter investment gain on Coupang, putting it among the world’s biggest earning firms a year after an unprecedented loss.
Group net profit was 4.99 trillion yen ($45.88 billion) in the year ended March, topping the $42.5 billion made by Warren Buffett’s Berkshire Hathaway in its last business year. The annual profit is the largest posted by a Japanese company to date, according to reports from The New York Times and Wall Street Journal.
It also compares with a 962 billion yen loss a year earlier after teetering tech bets depressed the value of Softbank’s portfolio.
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| China's Sinovac Covid-19 vaccine found highly effective in real world study |
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Posted by: superadmin - 05-12-2021, 08:05 PM - Forum: Covid-19 Pandemic
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JAKARTA (BLOOMBERG) - Sinovac Biotech Ltd's vaccine is wiping out Covid-19 among health workers in Indonesia, an encouraging sign for the dozens of developing countries reliant on the controversial Chinese shot, which performed far worse than Western vaccines in clinical trials.
Indonesia tracked 25,374 health workers in capital city Jakarta for 28 days after they received their second dose and found that the vaccine protected 100 per cent of them from death and 96 per cent from hospitalisation as soon as seven days after, said Health Minister Budi Gunadi Sadikin in an interview on Tuesday (May 11). The workers were tracked until late February.
Mr Sadikin also said that 94 per cent of the workers had been protected against infection - an extraordinary result that goes beyond what was measured in the shot's numerous clinical trials - though it's unclear if the workers were uniformly screened to detect asymptomatic carriers.
"We see a very, very drastic drop," in hospitalisations and deaths among medical workers, Mr Sadikin said.
It's not known what strain of the coronavirus Sinovac's shot worked against in Indonesia, but the country has not flagged any major outbreaks driven by variants of concern.
The data adds to signs out of Brazil that the Sinovac shot is more effective than it proved in the testing phase, which was beset by divergent efficacy rates and questions over data transparency. Results from its biggest Phase 3 trial in Brazil put the shot known as CoronaVac's efficacy at just above 50 per cent, the lowest among all first-generation Covid-19 vaccines.
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