Sanders-Warren tension dominates final debate before Iowa caucuses

It was the tension between Senator Bernie Sanders and Elizabeth Warren that dominated the seventh Democratic debate Tuesday night, following a report that Sanders had told Warren in a 2018 meeting that a woman couldn’t win the presidency. 

The two candidates, who have been generally friendly up to this point and avoided criticizing each other, changed their tune on Tuesday, with just under three weeks to go before the Iowa caucuses. The two were caught on camera in a tense exchange after the debate, with Warren appearing to decline a handshake with Sanders. 

After much of the first hour of the seventh Democratic debate was dominated by foreign policy questions amid U.S. tensions with Iran, the two finally got a chance to talk about what seemed to be a brewing feud between them. On Monday, Warren said during a private meeting in 2018 about their shared goals for the U.S. economy and defeating President Trump in 2020, Sanders told her he didn’t think a woman could win the presidency. Sanders vehemently denied ever having made the statement. 

Standing on the debate stage, Sanders reiterated his denial: “As a matter of fact, I didn’t say it.” He added that he had even deferred to Warren in 2015, in case she wanted to run in 2016 and stepped into the race when she declined. He also pointed out that Hillary Clinton, the 2016 Democratic nominee, had won 3 million more votes than Donald Trump. He asked rhetorically how anybody could believe a woman can’t win the presidency.

Warren was asked what her response was when she was told by Sanders a woman couldn’t win (a question that assumed that Warren’s version of events is true, rather than Sanders’). “I disagreed,” Warren replied, adding that “Bernie is my friend, and I’m not here to fight with Bernie.” 

Instead, she said, it’s time to tackle the question about whether a woman can be president “head-on,” and she pointed out that on the debate stage, the women on the stage had a better record of winning. 
“The men on this stage collectively have lost 10 elections,” Warren said. “The women on this stage haven’t lost any.” 

Tuesday’s debate stage was the smallest yet, with only six candidates meeting the qualifications: Biden, Sanders, Warren, Pete Buttigieg, Amy Klobuchar and Tom Steyer.

Let’s block ads! (Why?)

Us –

ForexLive Americas FX news wrap: Retail sales beat but risk aversion dominates

Forex news for North American trade on December 14, 2018:


  • Gold down $ 4 to $ 1238
  • WTI crude down $ 1.38 to $ 51.20
  • US 10-year yields down 2 bps to 2.89%
  • S&P 500 down 51 points to 2600
  • JPY leads, NZD lags

Weak data out of China raised fresh questions about global growth in Asia-Pacific trade and it was all downhill from there. The US dollar was strong heading into the session and very strong retail sales did nothing to stall the trend.

There was some heavy USD/JPY selling into the London fix as the pair quickly sank down to 113.40 from 113.60. Risk aversion hit harder later in the day and that extended the drop to 113.22 before a late bounce to 113.40.

Cable remains a basketcase. There were reports that May got exactly nothing in Brussels and cable hit 1.2530 early in North America. May’s office later denied it and that might have helped in a rebound to 1.2582 but some broader USD selling hit around the same time.

EUR/USD was a laggard but the damage was done in Europe. After a second wave of selling sent it to a low of 1.1270, it recovered to 1.1305 at the end of the week.

The antipodeans bore the brunt of risk aversion throughout the day and both took sizeable losses. AUD/USD fell to 0.7151, which was the lowest since Halloween and a confirmation of last week’s false breakout. NZD is in better shape but also at a two week low.

USD/CAD held up better accounting to its closer ties to the US than China, and the strong signs from the US consumer but oil selling late didn’t do any favors for the Canadian dollar. Last up 35 pips to 1.3390.

Have a great weekend.

Let’s block ads! (Why?)

Forexlive RSS Breaking news feed

Olympics: IOC's 'New Norm' dominates 2026 Games presentations

© Reuters. FILE PHOTO: A man walks past the Olympic Rings as he walks out of the 133rd IOC session in Buenos Aires © Reuters. FILE PHOTO: A man walks past the Olympic Rings as he walks out of the 133rd IOC session in Buenos Aires

By Jack Tarrant

TOKYO (Reuters) – Stockholm and an Italian two-city bid made presentations to host the 2026 Winter Games on Wednesday with both embracing the IOC’s ‘The New Norm’ program which is aimed at making it cheaper and easier to stage the Olympics.

The International Olympic Committee (IOC) faces its most serious bidding crisis in decades after several cities dropped out of the 2026 race, leaving just two candidates.

The IOC has called The New Norm "an ambitious set of 118 reforms that reimagines how the Olympic Games are delivered".

On the first day of the Association of National Olympic Committees (ANOC) General Assembly, the Italian bid of Milan-Cortina D’Ampezzo said 93 percent of its venues would be temporary or already exist.

“We are interpreting the new rules to put together a big city like Milan and then the mountains, avoiding throwing away money and making a very sustainable offer,” Milan mayor Guiseppe Sala told Reuters after the presentation.

Luca Zaia, president of the Veneto region, said there would be no "white elephants", whilst the Italians claimed 83 percent of Milan’s citizens favored the bid.

Italian Olympic Committee President Giovanni Malago said giving a winter Olympics to countries such as Sweden or Italy, with their rich history of winter sports and pre-existing venues, was the future of Olympic bidding under The New Norm.

Stockholm’s bid also played on themes of sustainability.

“I think The New Norm and the new terms of organizing Olympic Games definitely fits into our way of thinking,” Swedish Olympic Committee chief Mats Arjes said after the presentation.

The Italian bid is far from guaranteed enough political support amid the country’s financial woes, while Stockholm faces opposition from a new city government which said last month it would not back a bid that includes taxpayer funding.

The IOC will elect the winners in June, 2019.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Let’s block ads! (Why?)

Sports and General News