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Schiff joins Schumer in blasting McConnell's impeachment trial rulesRep. Adam Schiff joined Sen. Chuck Schumer in slamming the rules unveiled by Republicans for the Senate impeachment trial, calling them “the process for a rigged trial.”


1/21/2020 10:49:48 AM

Iran acknowledges Russian-made missiles targeted Ukraine jetIran acknowledged on Tuesday that its armed forces fired two Russian anti-aircraft missiles at a Ukrainian jetliner that crashed after taking off from Tehran's main airport earlier this month, killing all 176 people on board. For days after the Jan. 8 shootdown, Iran denied that it fired missiles at the plane, initially blaming a technical malfunction and engine fire for the crash.


1/21/2020 2:29:05 AM

California Man Accused of Killing 3 Teens After 'Intentionally' Ramming Them With His CarAnurag Chandra, 42, is facing 3 murder charges


1/21/2020 8:39:02 AM

Iran admits it fired two Russian antiaircraft missiles at a Ukrainian jetlinerIran acknowledged on Tuesday that its armed forces fired two Russian antiaircraft missiles at a Ukrainian jetliner that crashed after taking off from Tehran's main airport earlier this month, killing all 176 people onboard.


1/21/2020 8:48:32 AM

Hurricane Rudy Strikes Back: Giuliani Hints At Tapes Exposing Parnas 'Lies'Will the potential Trump impeachment witness hit back?


1/21/2020 5:18:00 AM

The search for Selena Not Afraid ends with 'great sadness.' Missing girl's body found near Montana rest areaThe body of Selena Shelley Faye Not Afraid, 16, was found near the Montana rest area where she was last seen on New Year's Day, authorities said.


1/21/2020 7:38:53 AM

China says virus cases rise to 440, with 9 deathsChina's National Health Commission said on Wednesday 440 people in 13 Chinese provinces were confirmed to be infected with a new coronavirus as of Tuesday, with nine deaths, and that there was evidence of respiratory transmission from patient to patient.


1/21/2020 8:31:32 PM

Austria Threatens to Quit Effort to Create an EU Financial Tax(Bloomberg) -- Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.Austria’s new finance minister dismissed a proposal by his German counterpart on how to tax financial trades in the European Union, throwing the years-long effort into disarray.“We want a common, broad financial transaction tax. We’re ready to talk, but the current proposal is the opposite of what was originally intended,” Austria’s Gernot Bluemel told journalists on his way into a meeting of EU finance ministers in Brussels. Without a new a approach, the country will leave the group of 10 still working on the plan, he said.Germany’s Olaf Scholz tabled a “final proposal” for the levy in December that focused on stock purchases, after talks on a broader version of the tax had failed. Bluemel, who was sworn in along with the rest of Austria’s new government this month, said this approach would damage the real economy while letting “speculators” off the hook.The European Commission first proposed a financial-transaction tax in 2011 to make sure the industry made a “fair contribution” after taxpayers bore most of the costs of the financial crisis. When some member states opposed the plan, a smaller group sought a compromise under “enhanced cooperation” rules. Austria, Belgium, France, Germany, Greece, Italy, Portugal, Slovakia, Slovenia and Spain are still at the table.Scholz said he still expects an agreement with other European countries on the issue, indicating that some countries are willing to join the group. After years of discussion, “everybody who’s been involved knows what’s possible and what isn’t,” he said. Under EU rules on enhanced cooperation, at least 9 countries are needed for a coordinated approach. Scholz’s proposal foresees a tax rate of 0.2%, which would apply to acquisitions of shares issued by companies based in one of the participating countries and whose market capitalization exceeds 1 billion euros ($1.1 billion).(Updates with comment from Scholz in fifth paragraph.)To contact the reporter on this story: Alexander Weber in Brussels at aweber45@bloomberg.netTo contact the editors responsible for this story: Dale Crofts at dcrofts@bloomberg.net, Richard BravoFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


1/21/2020 7:11:53 AM

Menendez and Graham Partner Up to Craft a New Iran DealSen. Bob Menendez (D-NJ) and Sen. Lindsey Graham (R-SC) have teamed up to work on drafting potential contours for negotiations with Tehran over the country’s nuclear programming and a roadmap for a new deal, according to Graham and two other congressional aides familiar with the matter.“I’ve been working with Senator Menendez on this for some time,” Graham told The Daily Beast in an interview last week. “We need a new way forward. And I’ve been trying to think of alternatives.”Graham told The Daily Beast in an interview in August that he was working with senior Trump administration officials on an alternative to the Obama-era Iran nuclear deal. Part of that effort included fielding ideas from outside actors, including foreign officials. Since then, Graham has met with Menendez—although only a few times—on how to kickstart a bipartisan congressional effort to reform the administration’s Iran policy.According to sources individuals familiar with the Graham-Menendez partnership, the two senators have largely talked about constructing an actionable plan to present to other lawmakers and to the White House. But the two sides have yet to agree on exactly how to get the ball rolling, according to those sources. One individual said Menendez wanted to work with Graham because the South Carolina lawmaker had gained the president’s ear on Iran over the last year.Although the duo has spoken about teaming up for some time, sources say the lawmakers are focused now more than ever on crafting a new deal following the killing of Iran’s top military leader, Qassem Soleimani. Following the strike, Democrats in the Senate, including Menendez, called out senior officials in the Trump administration for not offering proper intelligence briefings to Congress on what led to the strike. Menendez told MSNBC earlier this month that the administration suggested in briefings there was an imminent threat to American interests but that there was “no clear definition of what they consider imminent.”The senator also called on the administration to declassify the official notification provided to Congress about the Soleimani strike.Graham, on the other hand, applauded President Trump and told The Daily Beast that the administration should continue to keep the military option on the table if Iran were to continue to threaten American interests in the Middle East. Graham suggested the U.S. strike Iranian oil assets in the country, pointing to refineries in particular. Menendez, on the other hand, has urged the administration to up its diplomatic outreach following the strike rather than continue to rely on its military might.Despite their division on Trump’s decision to strike Soleimani, both lawmakers opposed the Obama administration’s 2015 nuclear deal with Tehran.“I have looked into my own soul, and my devotion to principle may once again lead me to an unpopular course, but if Iran is to acquire a nuclear bomb, it will not have my name on it,” Menendez said in a 2015 speech. “It is for these reasons that I will vote to disapprove the agreement and, if called upon, would vote to override a veto.”At the time of the deal’s proposal in 2015, Menendez advocated that the Obama administration continue to levy sanctions on Iran in order to change Tehran’s behavior and keep it from eventually obtaining a nuclear weapon. Although Graham’s and Menendez’s public statements on Iran have varied, both lawmakers seem to agree on one point: The Trump administration’s strategy isn’t working.Since Trump took office, Menendez has criticized the Trump administration’s Iran strategy as only emboldening Tehran. And while Graham tends to support Trump publicly, the South Carolina lawmaker has been openly critical of how the White House responds to Iran’s malign activities in the region.In a recent interview with The Daily Beast, Graham said the Trump administration’s maximum pressure campaign—meant to cripple Iran’s economy with sanctions—was working but needed to be harsher and combined with military deterrence. Team Trump Thought It Could Contain Iran With ‘Maximum Pressure.’ The Attacks Got Worse.Before the Soleimani strike, Iran policy experts, some of whom worked with the Obama administration, said Tehran would not engage in talks about a revised nuclear deal unless the U.S. rolled back at least some of its sanctions on the country. Now those experts say Tehran, having rolled back its commitments under the former deal, is not likely to engage in any meaningful conversation with the U.S. on nuclear power, at least in the short term.Meanwhile, two officials in the Treasury Department say their unit is continuously drawing up additional sanctions for Iran on the chance Trump wants to hit the country with additional punishments in the near future.Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.


1/22/2020 4:15:07 AM

McConnell releases impeachment trial rules, sparking new outcry from DemocratsSenate Majority Leader Mitch McConnell released the rules for a Senate impeachment trial on Monday evening.


1/20/2020 6:40:23 PM

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