Daily News

Treasury designates China as a currency manipulator

The United States took the rare step on Monday of formally labeling China a currency manipulator, as trade relations between the two countries continued to spiral downward after President Donald Trump’s decision last week to impose additional tariffs on Chinese goods.

“In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past,” the Treasury Department said in a statement that followed the People’s Bank of China’s decision to let its currency, the renminbi, fall to the lowest level in more than a decade.

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Baltimore cannot account for billions in federal dollars

The city of Baltimore cannot account for the billions of dollars it receives in federal funding as crime, drugs, and rats run rampant in the city, according to a recent report on the city’s expenses.

According to a 2018 audit of the city’s finances provided by USASpending.gov, Baltimore received $5.44 billion in federal grants, contracts, and other financial assistance.

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Creepy porn lawyer, Michael Avenatti, is mulling a run for president

The firebrand attorney Michael Avenatti is back considering a run for the Democratic nomination for president after he declared last year he wouldn’t take part in the contest.

Avenatti, who in the past represented porn star Stormy Daniels against the likes of President Donald Trump and his then fixer Michael Cohen, told CNBC late on Friday that he is yet again contemplating entering the expansive 2020 arena.

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Feds probing AOC’s chief of staff Saikat Chakrabarti after sudden resignation

The feds are looking into possible campaign finance misdeeds by Rep. Alexandria Ocasio-Cortez’s chief of staff and lead rainmaker, who suddenly resigned Friday, federal sources told The Post.

The inquiry centers on two political action committees founded by Saikat Chakrabarti, the top aide who quit along with Ocasio-Cortez spokesman Corbin Trent, the sources said. Trent left to join the congresswoman’s 2020 re-election campaign.

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MS-13 gang created a beachhead in CA valley high school

Law enforcement and school officials have defended 21 months of secrecy around the murder investigation of a Panorama High School student at the hands of MS-13 — one part of a grisly rampage that has generated national headlines and left at least 10 people dead.

They said there was no need to alert teachers, parents and students because other students were never in danger, the gang had little presence on campus, and no acts of gang violence affected the campus itself.

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Twitter account allegedly linked to Ohio shooter retweeted doxxing of ICE employees

Screen-grabs of the @iamthespookster account showed tweets that supported socialism, opposed the election of Donald Trump, and backed Sen. Elizabeth Warren (D-MA) for president in the 2020 election.

The @iamthespookster account also re-tweeted a post by a Twitter user going by the name “@poohcowboy_drew,” who produced “a list of people who work for ICE” and encouraged readers to harass them into quitting their jobs.

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Mexico vows legal action against El Paso shooter

Mexican Foreign Minister Marcelo Ebrard said on Sunday that the Mexican attorney general is considering taking legal action, arguing the El Paso shooting at the Walmart in Texas was an act of terrorism against Mexicans, in which, seven Mexicans were killed and seven more injured.

In a statement, Ebrard said, “We consider this act an act of terrorism against the Mexican-American community and Mexican citizens living in the United States.”

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Submission for sale: Banana Republic is now selling hijabs

In a step towards inclusivity, American clothing retailer Banana Republic has launched four styles of hijabs. Featuring a range of prints, colors, and fabrics, the headscarves fit into casual attire, as well as business formal. While hijabi women, Muslims, and modest dressers around the world have applauded the brand, some were quick to point out that two outfits in the brand’s campaign images do not meet the religious dress requirements of hijabi women.

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North Texas stores selling ‘bullet-resistant’ backpacks

The backpacks from Guard Dog Security can be seen at Office Depot and Office Max locations. Until now, the bags were mostly sold online.

A label on the backpack claims it can stop a bullet from a .44 Magnum handgun but it won’t stop a high-velocity rifle. They cost anywhere between $120 and $200.

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Gov. Cuomo signs bill to prohibit arming teachers

The New York Times reports Cuomo released a statement on the newly signed prohibition, saying, “The answer to the gun violence epidemic plaguing this country has never been and never will be more guns.”

It should be noted that “more guns” is precisely the approach high profile, elected officials use as they surround themselves with armed good guys to keep themselves safe. Their very actions show a differentiation between good guys with guns and bad guys with guns.

But Cuomo is denying teachers the option of being the good guys who can defend children as a last resort.

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