Trump hammers Fed, Powell for lack of ‘guts’ and ‘vision’ on rate cut
- S&P 500 (^GSPC) -0.7%, or 22.25 points
- Dow (^DJI): -0.7%, or 184.64 points
- Nasdaq (^IXIC): -1%, or 86.65 points
- U.S. crude oil prices (CL=F): -2% to $58.10 per barrel
- 10-year Treasury yield (^TNX): -5.1 bps to 1.763%
- Gold (GC=F): -0.34% to $1,508.20 per ounce
—Yahoo Finance’s Jessica Smith contributed to this story. Javier David is an editor for Yahoo Finance. Follow Javier on Twitter: @TeflonGeek
Omar: Trump’s retweet of bogus 9/11 dancing claim puts ‘my life at risk’ Kadia Tubman Reporter•Rep. Ilhan Omar accused President Trump on Wednesday of endangering her life by “continuing to spread lies” that she “partied” on the anniversary of the Sept. 11 terrorist attacks on the United States.Trump shared a since-deleted tweet on Wednesday morning that purported to show the Minnesota congresswoman dancing to hip-hop star Lizzo’s hit song “Truth Hurts.” Terrence K. Williams, a conservative actor and comedian who posted the video, misled his followers by saying the footage was shot on the 18th anniversary of the attacks.President Trump and Rep. Ilhan Omar. (Photos: Jabin Botsford/The Washington Post via Getty Images, Aurora Samperio/NurPhoto via Getty Images)“GET THIS WOMAN OUT OF OFFICE,” Williams wrote in his tweet. “Ilhan Omar partied on the anniversary of 9/11 because she believes ‘Some People Just Did Somethings.’”Williams added: “President Trump was bashed for playing golf On MLK day but it’s okay for Omar to party?”Adam Green@AdamGreenCan someone name something better than @IlhanMN dancing to @lizzo? Because I can’t think of anything. #CBC2019 #CBCWeek #cbcweekendThe phrase “Some people did something” points back to remarks Omar made in March at a Council on American-Islamic Relations fundraiser. She said the organization “was founded after 9/11 because they recognized that some people did something and that all of us were starting to lose access to our civil liberties.”The New York Post lambasted Omar’s “Some people did something” phrasing, and Trump tweeted a selectively edited video of Omar’s remarks spliced together with footage of the Sept. 11 attacks. Supporters of Omar condemned the president’s actions as Islamophobic and noted that the congresswoman required heightened security after the tweet’s circulation.In his retweet of the post by Williams, who thanked the president for sharing his video, Trump said, “Ilhan Omar, a member of AOC Plus 3, will win us the Great State of Minnesota. The new face of the Democrat Party!” Trump has attacked the freshman lawmakers often in recent months, telling the women to “go back and help fix the totally broken and crime infested places from which they came.” The group consists of four Democratic congresswomen: Omar, Alexandria Ocasio-Cortez of New York, Rashida Tlaib of Michigan and Ayanna Pressley of Massachusetts.Omar said the video of her dancing was taken during the Congressional Black Caucus (CBC) Foundation’s Annual Legislative Conference, which took place Sept. 11-15 in Washington, D.C. Original video shows Omar dancing at the conference reception on Sept. 13.“This is from a CBC event we hosted this weekend to celebrate black women in Congress,” she wrote, responding to Trump’s tweet. “The President of the United States is continuing to spread lies that put my life at risk. What is Twitter doing to combat this misinformation?”A few days earlier Omar defended herself against criticisms from a family member of a 9/11 victim who during a memorial reading of victims’ names at Ground Zero called out her controversial remarks.“9/11 was an attack on all Americans,” Omar, one of the first Muslim women elected to Congress, said on CBS’s “Face the Nation” on Sunday. “It was an attack on all of us, and I certainly could not understand the weight of the pain that the families of the victims of 9/11 must feel.“But I think it’s important for us to make sure that we are not forgetting the aftermath of 9/11,” she added. “Many Americans found themselves now having their civil rights stripped from them, and so what I was speaking to was that as a Muslim, not only was I suffering as an American who was attacked on that day, but the next day I woke up as my fellow Americans were now treating me as suspect.”_Download the Yahoo News app to customize your experience.Read more from Yahoo News:
Why North Korea Wants to Keep Using China’s Old Type 59 Tank•Key point: The Type 59 was an important step for China’s domestic tank industry and became a mainstay for its ally North Korea.While the United States, Germany, and the Soviet Union all maintained robust tank development programs during the Cold War, China lagged behind significantly until the very end. For the majority of the Cold War, China’s primary front line tank was the Type 59, a variant of the T-54 first built on license from the Soviet Union. But how did this old workhorse evolve? Who still uses them today?The story of the Type 59 begins in the 1950s. The People’s Republic of China got involved in the Korean War and began acquiring tanks from the Soviet Union under the Sino-Soviet Friendship Treaty. The majority of armored fighting vehicles coming in at this time were from the WWII era: IS-2s, T-34/85s and various assault guns. Outdated, but still effective for the time period.This was not good enough, as logically China wanted to have its own tank production capability, as well as more modern tanks. In 1955 they received their first T-54s and T-54As, however, the Chinese military leadership negotiated with the Soviets to acquire blueprints and assembly know-how.China’s first tank factory, Inner Mongolian Machinery Factory No. 617, was set up in 1956 with Soviet assistance. It produced its first T-54A in 1958 with Soviet parts. The Chinese-built T-54A design was officially adopted into PLA service in 1959, hence the name Type 59.The basic Type 59 served for almost two decades with very little modification. It was provided to Vietnam during the Vietnam War, and it later fought Vietnam during the Sino-Vietnamese was in 1979. That experience lead China to take a hard look at its tank fleet and procure upgrades. China attempted to create some more modern tanks based off the Type 59 such as the Type 69 (following the Chinese capture and reverse engineering of a Soviet T-62 captured during the 1969 Sino-Soviet border skirmish), but these tanks did not see wide service until later.
U.N. Security Council overcomes Chinese veto threat to renew Afghanistan mission
The resolutions mandating the mission in 2016, 2017 and 2018 all included a reference welcoming and urging efforts like China’s Belt and Road initiative to facilitate trade and transit, but in March the United States and some other council members said they could no longer accept that language.The council agreed then to a six month rollover of the mandate of the U.N. mission, known as UNAMA, and that expires on Tuesday. A planned vote on Monday was delayed to Tuesday to allow for further negotiations as diplomats said China had signaled it was prepared to veto the text.To pass, a resolution needs nine votes in favor and no vetoes by the United States, China, France, Russia and Britain.U.S. Ambassador to the U.N. Kelly Craft said the renewed mandate adopted on Tuesday had been updated to address new developments on the ground.But she added: „The reason we cannot empower the mission with a stronger, substantive mandate today is a member’s insistence on language that highlights national political priorities rather than ways in which we can most effectively assist the people and the government of Afghanistan.”The U.N. mission, which was established in 2002, is helping Afghanistan prepare for Sept. 28 elections and is pushing for peace talks between the Afghan government and the Taliban.
Talks between the United States and the Taliban militants on a U.S. troop withdrawal fell apart earlier this month. There are 14,000 U.S. forces and thousands of other NATO troops in the country, 18 years after a U.S.-led coalition invaded following the Sept. 11, 2001, al Qaeda attacks on the U.S.
Their target was the largest American ship in port, USNS Card. An escort carrier that saw distinguished service as a submarine-hunter in the North Atlantic during World War II, during the early morning hours of May 2, 1964, Card was part of U.S. Military Sealift Command.
The ship supported an escalating military commitment of the South Vietnamese government that occurred well before the Tonkin Gulf Incident. Since 1961, Card had transported both fixed-wing aircraft and helicopters to the beleaguered nation as well as the U.S. pilots and support crews need to operate them.
The commandos swam toward Card, where they spent about an hour in the water attaching the charges just above the waterline near the bilge and the engine compartment on the ship’s starboard side. They set the timers and quickly swam away.
The charges exploded. Five civilian crewmen on board Card died, the explosion tore a huge hole in the engine-room compartment and a proud ship that had survived German U-boat attacks was on her way to the bottom — the last aircraft carrier in U.S. military history to date sunk by enemy action.
The sinking of the Card was stunning victory for the Viet Cong, yet little remembered today. It illustrated how vulnerable naval vessels can be even when faced with a low-tech enemy … and how difficult maintaining port security can be in a war with no real front.
But it also demonstrated how resilient American naval forces are. In 17 days, salvage crews raised Card out of nearly 50 feet of water, and six months later the ship returned to service for another six years.
This chilling video from Sandy Hook Promise shows how gun violence is destroying childhood in America