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posted on 17 July 2016

Early Headlines: China And Philippines To Talk, Mexico Wins Homeless World Cups, Cruz To Speak At Convention, Iran Deal - Success Or Failure?, Turkey Coup Fallout, Silver Gut In India And More

Written by Econintersect

Early Bird Headlines 17 July 2016

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.



  • Mexico win both men's and women's Homeless World Cup (The Guardian) The curtain came down on the Homeless World Cup in Glasgow on Saturday, with both the Mexican men and women's teams taking home the silverware and retaining their titles. More than 50 teams took part in the 14th tournament, which was described as a "wonderful success" by the organisers, the Homeless World Cup Foundation, which was set up to support and inspire homeless people through the sport. The Mexicans beat Kyrgyzstan 5-0 in the women's final and the men achieved a 6-1 win over Brazil, so Mexico were crowned double winners for the second successive year after winning both events in Amsterdam in 2015.


  • Cruz steps into spotlight for Trump (The Hill) Texas senator Ted Cruz is widely expected to make another run for the White House in 2020 if the GOP loses in 2016. Cruz finished second to Trump in the 2016 race, and his allies in Cleveland are already seeking rule changes in the next primary that might help him. So eyes will be on him when he addresses the GOP convention this week in Cleveland.

  • Clinton leads Trump by 12 points ahead of Republican convention: Reuters/Ipsos poll (Reuters) Republican presidential candidate Donald Trump trailed Democratic rival Hillary Clinton by 12% points in a Reuters/Ipsos poll released on Friday, making him the clear underdog ahead of next week's Republican National Convention. Forty-five percent of likely voters supported former Secretary of State Clinton, 33% supported Trump, the wealthy businessman, and the remainder supported neither, according to the July 11-15 online poll. The survey showed little change from Tuesday, when Clinton had led Trump by 13 percentage points. Econintersect: Clinton could win the national popular vote by a wide margin and Trump could still be the next president. If the Democrat has big wins in many states and Trump wins narrowly in others, including many of the so-called swing states, he could get a majority of electoral college votes. How about this for a hypothetical outcome: Popular vote - Clinton 70 million, Trump 63 million and others (total) 1 million. Electoral college - Trump 273 and Clinton 265. That electoral college outcome could happen if only three swing states that went for Obama in 2012 go for Trump in 2016 (Florida, Ohio and Pennsylvania). If only 315,000 votes in those three states (out of more than 20 million cast) had switched from Obama to Romney, the GOP candidate would have won 273-265. We would have had a president who lost the popular vote by 4.3 million. See next article.

  • Election Results for the U.S. President, the U.S. Senate and the U.S. House of Representatives 2012 (Federal Election Commission) Here is where to go if you want to start playing numbers games in 2016 based on the 2012 election results.

  • A year later, is Iran deal a huge failure or stunning success? (The Hill) One year later, the Iran deal is living up to its promises - sort of. The central tenet of the agreement has been met, according to the White House: Iran is not developing a nuclear weapon and is not openly acquiring the means to do so. "Over the last year, the Iran deal has succeeded in rolling back Iran's nuclear program, avoiding further conflict and making us safer," President Obama trumpeted in a statement this week. But in many other ways, the accord has failed to live up to the broader hopes of its supporters. Iran continues to be hostile towards it neighbors and aggressive with the rest of the world. And on Capitol Hill, political divides are as stark as ever. Republicans used the one-year anniversary mark this week to advance a handful of largely-symbolic measures aimed at undermining the deal.


  • Most Britons oppose second referendum on EU exit: poll (Reuters) The majority of Britons are opposed to a second referendum on membership of the European Union and almost half believe new Prime Minister Theresa May should carry on without calling a general election, according to a poll published on Saturday. A survey by ComRes for the Sunday Mirror and Independent newspapers found that 57% of those asked didn't support a second referendum on Brexit against 29% who did. A total of 46% thought May should not call an election while 38% thought she should go to the country to get support for her program to take Britain out of the bloc it joined in 1973.


  • Fethullah Gülen: Turkey coup may have been 'staged' by Erdoğan regime (The Guardian) Fethullah Gülen, the reclusive cleric blamed by President Recep Tayyip Erdoğan for the failed coup in Turkey, has said the uprising by members of the country's military could have been "staged" by the government. In a rare and brief interview on Saturday with a small group of journalists at his residence in Saylorsburg, Pennsylvania, Gülen rejected all accusations that he was behind the coup attempt. Video of Gulen with subtitles available with this article.

  • Turkey was already undergoing a slow-motion coup - by Erdoğan, not the army (The Guardian) Many would argue that Turkey was already in the throes of a slow motion coup d'état, not by the military but by Erdoğan himself. For the last three years, he has been moving, and methodically, to take over the nodes of power.

  • Turkey's Erdogan Links U.S. Alliance to Extraditing Enemy (Bloomberg) Turkey's President Recep Tayyip Erdogan, newly emboldened after crushing a coup attempt, is testing his country's key defense relationship by demanding the U.S. turn over a cleric he accuses of inspiring the uprising. Erdogan on Saturday challenged President Barack Obama directly to extradite Fethullah Gulen, an Islamic preacher who lives in exile in rural Pennsylvania, saying the U.S. needs to do what is necessary "if we are truly strategic partners." That came hours after the U.S. and other NATO allies threw their support behind Turkey's democratically elected government. Erdogan's demand, the mention of the two countries' alliance and Saturday's closing of a strategic air base used by the U.S. in the fight against Islamic State hinted he may be willing to use Turkey's role as a key NATO member as leverage to exact revenge after the failed coup. That, in turn, may force the Obama administration to confront anew the uneasy nature of its relationship with Erdogan, who has shown an increasing bent toward authoritarianism while allowing coalition troops on Turkish soil and hosting nearly 3 million refugees from Syria.


  • Silver Glut Swamps India as Buying Frenzy Passes Country By (Bloomberg) Silver imports by India are set to plunge from last year's record as jewelers grapple with slowing demand and excessive inventories after domestic prices climbed to the highest levels since 2013. Overseas purchases probably slumped by about 40% from a year earlier to 2,000 metric tons in the first half, and total imports for the year will fall short of the 7,500 tons bought in 2015, said Chirag Sheth, a Mumbai-based analyst at Metals Focus Ltd., an independent precious-metals research firm. This year silver is up about 42%, well ahead of gold which has advanced about 26%.


  • Japan, ROK agree to carry out accord (The Japan Times) Japan and South Korea are still mending wounds from World War II. Prime Minister Shinzo Abe and South Korean President Park Geun-hye agreed Friday that the two countries will sincerely implement their deal to "finally and irreversibly" resolve the issue of so-called comfort women. Based on the bilateral agreement reached late last December, the South Korean government plans to shortly set up a foundation to support former Korean comfort women.

South Korea


  • China welcomes Duterte's plan to send FVR (ABS-CBN News) China on Friday welcomed newly elected Philippine President Rodrigo Duterte's plan to send a special envoy to China for talks over the South China Sea dispute, Foreign Ministry spokesman Lu Kang said. Duterte on Thursday said he planned to send former President Fidel Ramos to China as special envoy to help start talks over the dispute, after an arbitration award favoring Philippines was issued on Tuesday.

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