Friday, 27 Nov 2020

Michelle Obama Speaks Out on Trump Refusing to Concede to Biden: "This Isn't a Game"

UAE Envoy Says Ending Qatar Rift ‘Not on Anyone’s Priority List’

The United Arab Emirates’ ambassador to the U.S. Yousef Al Otaiba said he doesn’t think the dispute between Qatar and other Arab Gulf states will be resolved “anytime soon” as the split stretches into its fourth year.

“It’s not on anyone’s priority list,” he said during a panel discussion with his Israeli and Bahraini counterparts hosted by The Economic Club of Washington D.C. “They want to go their way, we’re going to go ours.”

Saudi Foreign Minister Sees Path Toward Ending Rift With Qatar

Deborah Curtis Joins Endeavor’s On Location As Chief Marketing Officer

Deborah Curtis, who spent more than a decade at American Express, has joined the Endeavor-owned hospitality firm On Location Experiences as chief marketing officer.

On Location bills itself as an “experiential hospitality business” handling hospitality, ticketing, live and virtual event production as well as travel management in the sports and entertainment sectors.

Curtis most recently was VP, Head of Global Brand & Product Experience for American Express. She oversaw global experiential strategy, marketing, and partnerships, across entertainment, sports, premier events, digital commerce and the arts. In her new role, Curtis will focus on further integrating On Location into Endeavor and driving new marketing initiatives.

At the start of 2020, Endeavor finalized a deal to acquire a majority stake in On Location, which has partnerships with the NFL, NCAA, PGA of America, and the United States Tennis Association, among others. The value of the transaction was said to be in the range of $650 million to $700 million.

On Location was originally a part of the NFL but was privately controlled from 2015 to 2020 by RedBird Capital Partners, Bruin Sports Capital, the Carlyle Group and the NFL’s investment arm, 32 Equity. The league remains a minority shareholder. Media industry veteran Paul Caine, most recently chief revenue officer at Bloomberg, serves as its president.

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Donald Trump Jr. Tries (And Fails) To Own Polling Pundit Nate Silver

Donald Trump Jr. continued to be the master of the self-own after he attempted to troll’s Nate Silver.

It happened Sunday on Twitter after the president’s firstborn son came across a Nov. 10 exchange on the social platform between Silver and MSNBC’s Chris Hayes.

The two were discussing how the polls underestimated the support for Donald Trump in the Nov. 3 election, leading some to wonder about their accuracy. Silver said people may need to accept that polls are an indicator of political trends, albeit one with uncertainties built into their findings.

That didn’t ease Hayes’ mind.

Silver than explained that, in truth, the polls were more accurate than conventional wisdom might suggest.

Five days late, Trump Jr. barreled into the conversation ready to defend his father against nuanced takes regarding algorithms and scientific models. He accused Silver of just trying to save his career as a pundit.

Silver swatted away Trump Jr.’s trolling by pointing out the obvious truth about his Dad’s political future (or lack thereof).

Others piled on the president’s son because … do you need a reason?

Trump Jr. hasn’t responded to Silver’s comeback, but he has a long history of posting tweets that backfire in his face, as well as spreading disinformation about the 2020 election.

BBC One suffers embarrassing technical glitch as it suddenly goes off air

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The channel was forced to issue an apology after the documentary suddenly stopped.

More to follow…

Oil Futures Settle Sharply Higher

Crude oil prices surged higher on Monday as strong economic data from China and Japan and hopes about OPEC and allies continuing to curb output helped ease concerns about energy demand outlook.

Encouraging reports on Covid-19 vaccine front contributed as well to oil’s uptick.

Close on the heels of Pfizer’s announcement last week about the phase 3 trial of its virus vaccine proving more than 90% effective, Moderna announced over the weekend that the late stage trial of its vaccine has proved 94.5% effective in preventing the disease.

West Texas Intermediate Crude oil futures for December ended up $1.21 or about 3% at $41.34 a barrel.

Brent crude futures were gaining a little over $1.00 or 2.4% at $43.80 a barrel.

Data from China showed factory output in the world’s second largest economy rose faster than expected in October and retail sales growth accelerated from the previous month, suggesting a broader economic recovery from the coronavirus pandemic.

Elsewhere, Japan’s economy grew at the fastest pace on record in the third quarter, rebounding sharply from its biggest postwar slump.

The Organization of Petroleum Exporting Countries and their allies (OPEC+) are due to meet on Tuesday and it is likely that the cartel will suggest changes to production quotas when all the ministers meet on November 30 and December 1.

For now, OPEC+ is cutting production by about 7.7 million barrels per day, with a compliance rate seen at 101 percent in October.

Michelle Obama Speaks Out on Trump Refusing to Concede to Biden: "This Isn't a Game"

It’s been more than a week since Joe Biden was named President-elect by American media outlets, including Fox News. World leaders, Democrats, and even some Republican elected officials recognized his victory and Biden has moved forward putting together a transition team. But President Donald Trump has refused to concede, and his administration has not allowed Biden’s team access to government resources, despite all outgoing past presidents having done so to ensure a smooth transition of power.

Former First Lady Michelle Obama, who, with her husband Barack Obama, helped Trump and his wife Melania Trump transition into their roles, had some thoughts about the Trump administration’s actions. Michelle took to Instagram to stress the importance of Americans, particularly certain elected officials like Trump, putting their country before their party.

“I want to urge all Americans, especially our nation’s leaders, regardless of party, to honor the electoral process and do your part to encourage a smooth transition of power, just as sitting presidents have done throughout our history,” she wrote.

She also wrote candidly about her experience four years ago, giving some of her most frank remarks yet about how she felt during Trump’s transition. Obama said:

A post shared by Michelle Obama (@michelleobama)

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