Trump Can’t Block New York District Attorney’s Tax Subpoena Bloomberg•Trump loses court fight to block tax subpoena in N.Y.Scroll back up to restore default view.(Bloomberg) — President Donald Trump suffered another setback in his effort to guard his financial information as a federal appeals court refused to block the Manhattan district attorney’s subpoena to his accountants for tax records.The 3-0 ruling by the federal appeals court in Manhattan moves the case closer to a possible showdown in the U.S. Supreme Court. If Trump loses there, he may run out of legal ways to halt District Attorney Cyrus Vance Jr. from obtaining the records.The court soundly rejected Trump’s claim that his broad presidential immunity prevents state prosecutors from investigating his affairs or obtaining records from his accountant. A lawyer for Trump argued before the panel last month that Trump could shoot someone on Fifth Avenue, echoing his famous 2016 boast, and that criminal charges or even a subpoena for his records would be legally out of bounds.“The decision of the Second Circuit will be taken to the Supreme Court,” Trump’s lawyer, Jay Sekulow, said in a statement. “The issue raised in this case goes to the heart of our republic. The constitutional issues are significant.”QuickTake: How Trump’s (Private) Tax Returns Could Become PublicThough the ruling was narrow — the court made clear it wasn’t weighing in on whether Trump could be prosecuted or himself required to turn over records — it is still a significant blow to the president. Since declaring his candidacy more than four years ago, he has resisted all demands that he disclose his financial data. Trump has also sued to block congressional subpoenas.“Presidential immunity does not bar the enforcement of a state grand jury subpoena directing a third party to produce non‐privileged material, even when the subject matter under investigation pertains to the president,” Chief Circuit Judge Robert Katzmann said in a 34-page opinion.Read More: Trump Isn’t Immune From Demand for Tax Records, Judge RulesThe appeals court moved with unusual haste, issuing its decision just 12 days after arguments. A lower-court judge in New York ruled last month that Trump can’t stop his accountants, Mazars USA LLP, from providing eight years of taxes and other financial documents to Vance, whose office is investigating whether the Trump Organization falsified business records to disguise hush payments to two women who claimed they had sex with him.The court on Monday agreed with U.S. District Judge Victor Marrero that Trump isn’t entitled to an injunction blocking Mazars from complying with the subpoena. Marrero said Trump was seeking “virtually limitless” immunity from criminal investigation. The appeals panel praised Marrero’s “well‐articulated opinion.”



Oil rises on U.S.-China hopes and improved outlook Reuters• Oil rises on U.S.-China hopes and improved outlook FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County By Collin Eaton HOUSTON (Reuters) – Oil prices rose on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.Brent crude futures for January <LCOc1> settled at $62.13 a barrel, up 44 cents, or 0.7%. December U.S. crude futures <CLc1> rose 34 cents, or 0.6%, to end at $56.54 a barrel.Market optimism about progress in U.S.-China trade negotiations propelled U.S. stock indexes to record highs on Monday, elevating oil. Energy shares <.SPNY> gained the most of the 11 major S&P 500 sectors.Chinese President Xi Jinping and U.S. President Donald Trump have been in continuous touch through „various means,” China said on Monday, when asked when and where the two leaders might meet to sign a trade deal.”Both sides (China and the United States) are talking up the trade deal to a large degree. And you have the Federal Reserve leaning into this better-looking economic situation, which lifts all boats,” said John Kilduff, a partner at Again Capital LLC.On Friday, prices jumped by about $2 a barrel after U.S. officials said a deal could be signed this month.Improved U.S. jobs growth numbers in October and the upward revisions of the two previous months, reported on Friday, also eased fears of a global economic slowdown that would slow crude demand, oil-market analysts said.Nonfarm payrolls increased by 128,000 jobs last month, U.S. Labor Department data showed. Economists polled by Reuters had forecast payrolls rising by 89,000 jobs in October. The economy also created 95,000 more jobs in August and September than previously estimated.Federal Reserve’s interest rate cut last week and recent weakness in the U.S. dollar <.DXY> has also helped lift prices, analysts said. Demand for crude oil, which is traded in U.S. dollars, typically strengthens when the dollar weakens.”Easing monetary policy, along with improved chances of a U.S.-China trade deal, is pushing up oil markets. (Expectations of) improved demand is lifting prices,” said Phillip Streible, senior market strategist at RJO Futures Hedge funds have started to rebuild long positions in crude and fuels.Capping gains, U.S. crude oil inventories were forecast to have risen by 2.7 million barrels last week, a preliminary Reuters poll showed ahead of weekly data on Wednesday.But last week’s shutdown of TC Energy Corp’s <TRP.TO> 590,000 barrel-per-day Keystone pipeline, a main artery for Canadian heavy crude imports into the United States, following a 9,000-barrel oil spill, could impact the data.The shutdown could have caused supplies at Cushing, Oklahoma, the delivery point for U.S. futures, to have risen only slightly or even decline, which would soften the impact should data show an overall crude build, said Robert Yawger, director of energy futures at Mizuho in New York.Crude inventories at Cushing rose to about 49 million barrels on Friday, up by about 300,000 barrels from the previous reading taken on Tuesday when the spill was detected, traders said, citing market intelligence firm Genscape.(Additional reporting by Shadia Nasralla in LONDON and Florence Tan in SINGAPORE; Editing by David Goodman and Marguerita Choy)
World Romania parliament gives green light to minority liberal govt AFP•Romanian Prime Minister Ludovic Orban is applauded by members of his cabinet after a vote for a new government at the Romanian Parliament in Bucharest on November 4, 2019 (AFP Photo/Daniel MIHAILESCU)Bucharest (AFP) – Romania’s pro-European liberals on Monday succeeded in getting parliamentary approval to form the next government, ending months of political uncertainty and paving the way for the new prime minister to appoint an EU commissioner.The EU member’s previous left-wing government — besieged by protests over controversial judicial reforms and a perceived failure to fight corruption — collapsed in a no-confidence vote last month.President Klaus Iohannis then tasked Ludovic Orban, chief of the National Liberal Party (PNL), to form a new government, but his proposed minority line-up needed parliamentary approval.A total of 240 lawmakers of the 465-member parliament — just enough for the simple majority needed — voted in favour of Orban’s government.”Our objective is to re-establish the confidence in Romania of our Euro-Atlantic partners,” the former transport minister, 56, told lawmakers from his PNL and four small parties whose support he secured before the vote.Orban is expected to appoint a new EU commissioner after nominees from the previous Social Democrat (PSD)-led government were rejected, leaving the new European Commission unable to start work.”We will make a decision as soon as possible, after consulting the president and after a hearing in the parliament,” Orban said after the vote.He blamed PSD leader Viorica Dancila for the rejection of the first candidates in Brussels.Incoming European Commission head Ursula von der Leyen — who wants her new team to be up and running by December 1 — has urged Romania to propose a new EU commissioner „without delay”.- Presidential race -The crucial parliamentary vote also comes just ahead of a first round of presidential elections on Sunday with incumbent Iohannis, a former PNL leader himself, the clear front-runner.The 17 cabinet members — all from the PNL except for the defence and foreign ministers who have no party affiliation — will be sworn in later on Monday.Among its priorities, the government — seen as a transitional one until the next parliamentary elections in late 2020 — aims to keep the annual budget deficit under three percent of output, the EU limit, and to reverse the judicial reforms introduced by the PSD.Dancila, whose government collapsed in the October 10 no-confidence vote, is also running in the weekend’s presidential elections, but her chances are seen as slim.The PSD boycotted Monday’s vote. Afterwards, Dancila accused Iohannis of „confiscating the executive power”.”The aim of this government is to give Iohannis a second (presidential) term, and this is an insult to democracy,” Dancila said. Since taking power in late 2016, the PSD government faced massive protests and criticism from Brussels over reforms seen as helping politicians to escape corruption sentences.
World Police find 41 migrants alive in truck in northern Greece Reuters•Police find 41 migrants alive in refrigerator truck in Greece ATHENS (Reuters) – Greek police found 41 migrants, mostly Afghans, hiding in a refrigerated truck at a motorway in northern Greece on Monday, officials said.The discovery came 10 days after 39 bodies, all believed to be Vietnamese migrants, were discovered in the back of a refrigerated truck near London. Two people have been charged in Britain and eight in Vietnam over the deaths.The refrigeration system in the truck where the migrants were found in northern Greece had not been turned on, and none of the migrants was injured, though some asked for medical assistance, a Greek police official said.Police had stopped the truck near the city of Xanthi for a routine check, arresting the driver and taking him and the migrants to a nearby police station for identification.Greece is currently struggling with the biggest resurgence in arrivals of migrants and refugees since 2015, when more than a million crossed into Europe from Turkey via Greece.Most of them are reaching Greek Aegean islands close to the Turkish coast via boats but a large number also come overland, using a river border crossing with Turkey.Road accidents, mainly in northern Greece, involving migrants trying to cross into other countries have become more frequent in recent years. Police have arrested dozens of people believed to be involved in human trafficking so far in 2019.About 34,000 asylum seekers and refugees are being held in overcrowded camps on the Aegean islands under conditions which human rights groups have slammed as appalling.The conservative government that came to power in July has vowed to move up to 20,000 off the islands and deport 10,000 people who do not qualify for asylum by the end of 2020.Arrivals of unaccompanied children have also increased. About 1,000 minors have arrived since July, the Greek labor ministry said, with the total number estimated at over 5,000. A fifth of them are now missing, the ministry said, pledging to build more facilities and shelters for migrant children.(Reporting by Lefteris Papadimas and Angeliki Koutantou; Writing by Renee Maltezou; Editing by Mark Heinrich)
Iran frets as anti-government protests take hold in Iraq and Lebanon
Protesters attacked the Iranian consulate in the Iraqi Shia holy city of Karbala on Sunday, as demonstrations continued to grow against Tehran’s influence in the country.
Crowds scaled the building’s concrete barriers and tried to take down the Iranian flag and replace it with the Iraqi one before three were shot dead by security forces.
Many demonstrators have accused Iran of propping up the “corrupt, inefficient” government they want to overthrow, as they have taken to the streets in the biggest mass protests since the US-led invasion that toppled Saddam Hussein in 2003.
“I am the son of Karbala and there is no Iranian who can dictate to me,” one angry protester shook his fist as he spoke to a local TV station, in a clip widely shared on social media on Monday.
In recent days, they have been seen burning posters of Iranian Supreme Leader Ayatollah Ali Khamenei, which would have been unthinkable before the recent protests began last month.
In the 16 years since the fall of Saddam Huseein, a Sunni Muslim, Shia neighbour Iran has emerged as a key power broker in Iraqi politics.
Tehran closely backs both its Shia-led government and maintains control over a number of powerful armed groups in Iraq.
Iran has reportedly stepped in to prevent the ouster of Abdel Abdul Mahdi, Iraq’s prime minister, which has been called for by protesters and prominent political rivals.
Militias backed by Tehran have tried to help put down the rallies, which are growing in scale, deploying snipers and firing on unarmed demonstrators.
More than 250 people have been killed since the protests first erupted on October 1.
In another holy city, Najaf, demonstrators changed the name of Imam Khomenei road (after the late ayatollah) to “ Martyrs of October Revolution” road after those killed.
Elsewhere, in Lebanon, protesters have been chanting against what they see as the meddling of both Iran and Saudi Arabia in the Mediterranean country’s domestic affairs.
Protests against political corruption and mismanagement have been largely secular and peaceful, however supporters of the two biggest Shia parties, Hizbollah and Amal, have attempted to quash the rallies with violence.