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With just a few days left before Election Night and the president trailing in numerous state and national polls, Donald Trump’s inner circle is increasingly whispering the same thought: Our guy blew it.A forecast of a Biden White House is not one they welcome. But it’s one many of them have come to finally accept after a year of coronavirus deaths, economic devastation, and racial and civil unrest have throttled an administration run by a man they believe has failed to rise to the occasion, even on just a purely messaging front.“I believe the betting markets, which say there's a 60 percent chance that Biden wins, and a 40 percent chance that Trump does,” Stephen Moore, a conservative economist who advises President Trump on economic and COVID-19-related matters, said in an interview Thursday.Explaining his pessimism, Moore cited several factors, including the still-rising cases of the virus in certain parts of the United States.Moore said he had hoped that the Gross Domestic Product report that came out on Thursday would have given the president’s campaign a boost. He even recalled visiting the White House last month, during which he told the president that the report was “going to be a real ‘October surprise,’” that he could “really play… up for the voters,” and that the two of them then brainstormed ways to aggressively promote the coming numbers.But shortly after the positive-looking report came out on Thursday—showing that the economy grew at a 33.1 percent annual rate last quarter—Moore found it hard to muster optimism about the political benefits of it. “I really don’t have a good feeling about this,” he conceded.Trump Said He’d Ban Foreign Lobbyist Fundraising. Now They’re Bankrolling His Campaign.Were Moore alone in his skepticism, it could be written off as the superstitious, cup-half-empty musings of an adviser who abjectly is terrified of a Biden presidency. But he’s not alone. Out of the sixteen knowledgeable and well-positioned sources across Trumpworld—campaign aides, Republican donors, senior administration officials, and close associates of the president and his family—who The Daily Beast interviewed for this story in the week leading up to Election Day 2020, only five gave Trump comfortable odds at winning. Doug Deason, a high-dollar Trump donor from Dallas, pegged Trump’s odds at “75 percent or better,” for instance.Six others were confident, to varying degrees, that President Trump would be relegated to one-termer status. The remaining five gave him roughly 50/50 odds. Of those five, two of them—a White House official and a friend of the president’s—started sounding increasingly pessimistic as the conversation went on.Dan Eberhart, chief executive at Canary and another major Trump donor who contributed $100,000 to Trump Victory this cycle, told The Daily Beast on Thursday evening that if he could go back in time, he wouldn’t have given a dime of that to the joint fundraising committee for the president’s re-election.“I think Trump has a 25 percent chance of winning the election. His campaign focused on exciting his base not on pursuing people in the center. COVID was a massive headwind that minimized the roaring Trump economy,” Eberhart said. “The president has struggled to maintain message discipline. And the left is highly motivated to vote, as seen by the record turnout so far. That’s not to say there’s not a window for the president to win. It’s just being realistic that he’s the underdog in this contest.”The businessman continued. “If I could redo my donations this cycle, I would put it all on red again,” he said. “Honestly, I would have put all my donations towards holding the Senate. I never thought the Senate would be in play.”Eberhart doesn’t appear to be the only Trump donor with a bit of buyer’s remorse. According to data provided by the Center for Responsive Politics, of the more than 1,100 individuals who gave the $5,400 legal maximum to Trump’s 2016 campaign (or who exceeded the maximum and had to be issued refunds), about 450 of them have not donated a penny to the president’s re-election campaign this cycle.The president has far more donors this cycle of every donation range, including those who’ve given the legal maximum, than he did during the 2016 campaign. But if each of those 450 donors had also maxed out to Trump’s 2020 campaign, they would have provided a substantial $2.5 million in additional funding.And some high-dollar donors to Trump’s 2017 inauguration festivities haven’t just stopped giving to the president altogether; they’re actively bankrolling the Democratic opposition.Reached for comment on Friday afternoon, Jason Miller, a top Trump adviser on the campaign replied, “Mood is great. President Trump will be re-elected. I don’t worry about the bedwetters too much.”But other senior aides to Trump are also girding themselves for the president’s fury over the election results. Three sources familiar with the matter said Trump has repeatedly stressed how low of an opinion he has of Biden as a candidate, and has said how deeply embarrassing it would be for him if he managed to lose to him this year.Aides and close associates who’ve spoken to the president in recent days say that he has consistently argued behind closed doors that he is going to emerge victorious, ignoring much of the available polling data and declining to talk much, if at all, about what would happen if he didn’t. Trump will regularly argue that it doesn’t even make sense that Biden could win, when you look at his crowd sizes in the campaign’s closing weeks versus Biden’s.“If it were anyone else, I’d call it denial,” said one such associate.Two Trump administration officials working on foreign policy told The Daily Beast in the past week that they’re convinced the president will lose and have instead prioritized making it harder for a President Biden to reverse their policy advancements—including with regards to reentering the Iran nuclear deal.Still, there are those close to President Trump and in prominent GOP circles who say they remain convinced that Trump will win in a walk, pollsters and naysayers be damned.“I say there’s a 70 percent he’s re-elected, and a 30 percent chance that Biden wins,” said Newt Gingrich, the former House speaker and an outside adviser to Trump. “I think most of the establishment polls are just plain crazy. I think they’re done badly. I think they’re missing what’s actually going on…[Trump] is clearly going to win the electoral college, but lose the popular vote…[due to] Illinois, California, and New York.”Describing his private conversations with Trump during the 2020 election cycle, Gingrich added, “Every time I talk to the president, I say very simply what I said to him in October of 2016: ‘You’re gonna win.’”Read more at The Daily Beast.Get 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.
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The shooting of a Black man by law enforcement in Washington state sent shockwaves through the Pacific Northwest on Friday and threatened to increase tensions in the region around Portland, Oregon, where protesters against racial injustice have clashed repeatedly with right-wing groups. Friends and family identified the dead man as Kevin E. Peterson Jr., 21, and said he was a former high school football player and the proud father of an infant daughter. The shooting happened in Hazel Dell, an unincorporated area of Vancouver, Washington, about 12 miles north of Portland.
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The head of the U.N. agency promoting gender equality told the 20th anniversary commemoration of a resolution demanding equal participation for women in peace negotiations that its implementation has failed, declaring Thursday that women still remain “systematically excluded” from talks to end conflicts where men make decisions affecting their lives. Despite some good initiatives, UN Women's Executive Director Phumzile Mlambo-Ngcuka told the Security Council that in peace negotiations from 1992 to 2019 only 13 percent of negotiators, 6 percent of mediators, and 6 percent of signatories to peace agreements were women. Germany’s Foreign Office Minister of State Michelle Muntefering called the U.N. resolution adopted on Oct. 31, 2000 “a little revolution” because a united Security Council made clear for the first time that women’s equal participation “is required to maintain world peace and security.”
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Two Islamists are convicted of carrying out two attacks targeting foreigners, in which 25 people died.
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US President Donald Trump on Wednesday greeted Britain's Brexit campaigner Nigel Farage at one of his final reelection rallies, bestowing on him the title "king of Europe."
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Wavel Ramkalawan brings his party in from 43 years in opposition to lead the island nation.
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Puffins living off the coast of North East England could be given added protection after Brexit by new bylaws to protect English marine sites from destructive fishing practices. The Government has launched a call for evidence on managing five Marine Protected Areas, including Dogger Bank, home to sand eels which provide food for puffins and porpoises, and critically endangered species such as common skate. The largest shallow sandbank in British waters, Dogger Bank has been the subject of a campaign by Greenpeace, who last month dropped boulders in the area to block industrial bottom trawlers. An investigation by the group revealed that last year so-called ‘supertrawlers’ spent the equivalent of 123 days in the UK’s marine protected areas. Campaigners have called for additional protections for all of the UK’s 73 offshore MPAS, which until Brexit were regulated by the EU’s common fisheries policy. Charles Clover of the Blue Marine Society said: “The question is why the government is only consulting on the management of four offshore marine protected areas from Jan 1, not all 73 as it is required to by law?” Aside from Dogger Bank, three other offshore sites have been identified by the Government as priority for conservation, including The Canyons, off the coast of Cornwall, which is home to rare cold water corals. The others are Inner Dowsing off the Lincolnshire coast and South Dorset Marine Conservation Zone, and the government will also look to increase protections over the inshore Studland Bay Marine Conservation Zone which is home to seahorses and seagrass beds. The Marine Management Organisation will now accept evidence from foreign and domestic fishing companies and conservation groups over the extent of protection in the five sites. Environment Secretary, George Eustice said: “Leaving the Common Fisheries Policy will allow us to take action to protect our offshore Marine Protected Areas – and I’m pleased that by using the powers in our landmark Fisheries Bill we will be able to better safeguard precious marine habitats.” But marine conservation groups fear additional protections may be sacrificed in trade negotiations. Commenting on the call for evidence, Jean-Luc Solandt of the Marine Conservation Society said: “Why do we need to consult on the management of these sites again because they were consulted on before when they were designated? They include the same features that they included then.”
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The U.K. military seized control of an oil tanker that dropped anchor in the English Channel after reporting Sunday it had seven stowaways on board who had become violent. Defense Secretary Ben Wallace and Home Secretary Priti Patel authorized the action in response to a police request, the British Ministry of Defense said.
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Texas has already cast nearly 7 million votes, more than anywhere in America, and Glen Murdoch couldn’t get his ballot in fast enough after becoming a U.S. citizen this summer. “I was champing at the bit,” said Murdoch, who moved to Austin from Australia shortly after President Donald Trump took office, and cast a ballot last week to vote him out. It’s a rush to the polls in Texas like seldom seen before.
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The campaign against police brutality has encouraged young Nigerians to take on the older generation.
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A NASA spacecraft is stuffed with so much asteroid rubble from this week’s grab that it’s jammed open and precious particles are drifting away in space, scientists said Friday. Scientists announced the news three days after the spacecraft named Osiris-Rex briefly touched asteroid Bennu, NASA's first attempt at such a mission. The mission’s lead scientist, Dante Lauretta of the University of Arizona, said Tuesday's operation 200 million miles away collected far more material than expected for return to Earth — in the hundreds of grams.
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It's a recipe for trouble: COVID disruptions are pulling refrigerated containers away from food production areas. Twice this year, outbreaks stymied U.S. food shipments to China. Tariffs are still taking a bite out of ag sales. Trade tensions with China remain high. Trade negotiations with the EU are intensifying. And the presidential election could reset the entire equation in less than two weeks.To put the myriad issues faced by U.S. food exporters in perspective, FreightWaves interviewed Washington, D.C.-based Peter Friedmann, executive director of the Agriculture Transportation Coalition (AgTC), during the Cold Chain Summit on Friday.Reefers in the wrong place Containerized exports from China have flooded into U.S. ports over the past three months. The growing problem: getting enough empty containers back to China for refills.U.S. food exporters shipping goods in reefers (refrigerated containers) face the same equipment challenge, albeit in the opposite direction. "We have been dealing with this problem since COVID began," Friedmann confirmed."We need those refrigerated empty containers in the places where agriculture is sourced, places like the Midwest. When refrigerated containers come in with shrimp or other products we import, they tend to go to where everybody lives, which is the coastal states. They're unloaded in New York/New Jersey, or Los Angeles/Long Beach, and they tend to stay there."Can you imagine when you have to reposition an empty refrigerated container from New York/New Jersey all the way to Junction City, Kansas? It's very expensive. And who actually pays for that? U.S. exporters."COVID disruptions to China-bound boxes: Part 1 Logistical issues have emerged on the destination side, in China, as well.U.S. reefer export cargoes faced their first big problem at Chinese ports back in February. The initial lockdowns halted Chinese trucking service from the terminals. The terminals' reefer plugs (where refrigerated boxes connect to the power source) maxed out because truckers couldn't bring reefers to the hinterland. Liners tacked surcharges onto U.S. reefer exports to China and diverted those containers to other ports.Ultimately, China reopened its inland transport network and truckers cleared reefers from the terminal plugs, making room for fresh imports.COVID disruptions to China-bound boxes: Part 2 The next big COVID challenge came in the summer. Chinese authorities reported an outbreak at a Beijing food market in June. They blamed it on infected frozen imported food and instituted new inspections at the ports.By July, inspections were heavily delaying the inland movement of reefers from Chinese ports. Terminal reefer plugs filled up. Liners instituted surcharges and diverted China-bound reefer cargo once again.AgTC's first concern "was whether the Chinese actually believed COVID could be carried on foodstuffs or whether this was another one of their phony phytosanitary restrictions to protect some domestic interest," said Friedmann."The scientific evidence shows that COVID doesn't live on frozen salmon or refrigerated broccoli or whatever. But we concluded that the Chinese actually believed that it could. With some countries, you can tell them they're wrong. But with other countries, like China, you can't."FreightWaves Senior Editor Greg Miller (left); AgTC's Peter Friedmann (right)Chinese authorities demanded that U.S. food shippers guarantee cargoes were COVID-free. Freidmann said this was effectively impossible. Instead, AgTC developed a form that exporters could submit to Chinese officials to guarantee exporters had complied with all safety protocols.Ultimately, the problem eased and disappeared. This issue no longer waylays U.S. exports to China, Friedmann confirmed.The reason: U.S. agriculture exporters weren't the only ones who wanted to resolve the issue. "The Chinese customers themselves did not like the disruption and there was pressure on the Chinese government from Chinese citizens and Chinese companies to accept the AgTC form."Remember the trade war? It's easy to forget amid the coronavirus chaos, but the U.S. has been in the midst of a trade war for the past several years — and U.S. food exporters have been unwillingly thrust onto the front line."Our highest-value agriculture exports tend to be refrigerated: chilled or frozen beef and pork, frozen poultry, lobster, salmon and other fish products," said Friedmann. "We have trade disputes all around the world. And in virtually all of them, refrigerated agriculture exports from the U.S. play a very central role and are very much in jeopardy."When China wanted to retaliate against our tariffs, they went after pork. We're in negotiations with the EU right now, and it's about U.S. beef with the British, for Brexit, and it's about beef, cheese and pork with the E.U. These negotiations always seem to be about refrigerated agriculture."The biggest risk, he said, is that trade tensions can induce a foreign buyer to switch to a non-U.S. source and it's hard to win them back. "The supply chain for refrigerated products is very complex and challenging. Once a change is made, nobody wants to go back and restore the supply chain they had with the U.S."Trade fallout so far Asked about fallout for U.S. food exporters under the Trump administration's aggressive trade policies, Friedmann confirmed, "Yes, the tariffs have been a negative."However, fallout has been unpredictable."When the first thing China did was retaliate against our pork exports, it decimated our pork exports. Our members were absolutely thrown for a complete loop. For a while, they were exporting virtually no pork."But then the African swine flu decimated China's hog herds and the Chinese were desperate to get protein. They came back into our market and bought as much pork as they could get — even though China had imposed retaliatory tariffs. "Chinese consumers wanted U.S. pork, even though it was more expensive, because they couldn't get it elsewhere. And they bought it in record amounts. So, what started out as a horrible six, seven, eight months for our pork exports turned into one of the best years in history. And we are still exporting a lot of pork to China."Biden vs. Trump The outcome of the presidential election will affect different shipping sectors differently. According to some analysts, a win by Joe Biden would (at least initially) be better for container shipping than a second term for Donald Trump, and the reverse would be true for tanker shipping.Reefer boxes at a terminal in California (Photo: Jim Allen/FreightWaves)Asked how the election outcome could affect U.S. exporters of containerized food, Friedmann responded, "There's a lot of talk about tariffs. Kamala Harris, the candidate for vice president on the Democratic ticket, raised it in the last debate. She said the tariffs were one of the things the Trump administration has done that were bad for the U.S. economy."That would suggest to some casual observers that if the Biden team got elected, it would repeal our tariffs against other countries and other countries would repeal their tariffs against our country."But here in Washington, there's nobody who really expects that there would be a dramatic change in tariffs if there was a change in the administration. "I think the safest way to proceed for our members and for everybody else who trades internationally is to presume that a lot of these restrictions would continue under a new administration, at least for the first six months — because a new administration would have higher priorities." Click for more FreightWaves/American Shipper articles by Greg Miller MORE ON FOOD EXPORTS: July: Fresh threat to food exports: China COVID inspections: see story here. February: Refrigerated cargo diverted from Chinese ports: see story here. See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Trinity Industries Pinpoints Focus On Rail * Daimler Trucks Sees Higher Orders But Lower Q3 Sales And Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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