Friday, 28 June 2024

Kamala Harris Could Win This Election. Let Her.

 

Kamala Harris Could Win This Election. Let Her.



Opinion Columnist

Like many Americans who watched the presidential debate on Thursday night, I knew when it was over that there was no way I was going to sleep. So I did something I almost never do: tuned in to the pundit commentary on cable news. I’m glad I did. Not long after the debate, Vice President Kamala Harris appeared on CNN with Anderson Cooper. Watching her calmly and methodically respond to a battering ram of questions from Cooper, it occurred to me: The obvious, logical path out of the mess President Biden created with his disastrous debate performance is for him to bow out with honor and endorse his young, vigorous and talented vice president to stand in his stead.

I know, I know. You think I just fell out of a coconut tree. Didn’t Harris flame out in the last Democratic presidential primary, leaving just in time to avoid an embarrassing loss in her home state, California? Yes. But to win a primary you must thread the needle of introducing yourself to the base of the party while burnishing the case for your ideas and dissing the talents of your rivals, all while keeping your options open, because your opponents are also your future surrogates and allies. For women — and for Black women in particular — the gender and racial dynamics of a presidential primary race seem especially difficult to navigate.

Those dynamics would play out very differently on a national stage shared with Donald Trump. There, Harris would not be hectoring a fellow Democrat over relatively small differences in policy or attempting to polish her own record in comparison to a governor or fellow lawmaker. She can use her true superpower: She will be a relentless prosecutor of the very clear political case against Donald John Trump, a felon, a man found liable for sexual abuse, an inveterate liar, a demagogue, a threat to our democracy and to our Constitution.

I think I speak for a lot of women, probably the most decisive voting bloc in this election, when I say that I would love to see Harris cut Trump down to size. And unlike the blow she landed on Biden during the 2020 primary debate — “That little girl was me,” in response to Biden’s terrible answer about school busing policy — she would be in a ring with an actual bully who will be unable to help himself and treat her with menacing disrespect. Unlike Trump’s previous female debate rival, Hillary Clinton, nary a whiff of scandal has besmirched Harris. All Trump would have is personal attacks, which would only further reinforce his image as a bully. That could play especially poorly with moderate voters when directed at a mature Black woman.







In the wake of Thursday night’s debate, it is easy to overlook how weak Trump is. He gave a dismal performance. He served up a platter of falsehoods and insults that actually turned off some voters, according to interviews I saw with debate viewers on television. But a rambling, sputtering Biden utterly failed to counter him.

''Giving the nod to Harris would have another benefit. It would allow Biden to end his long career in public service with dignity and honor. He will go down in history as the man who stopped Trump in 2020''. 

Harris, with her killer instincts and poise, could have wiped the floor with Trump on the issues that matter most to voters. We forget that she was very successful not just as a prosecutor but also as a candidate for statewide office in California. As a member of the Senate Judiciary Committee during the first Trump administration she drew blood with her tough, calm and deliberate questions, managing to score viral moments without seeming like a theatrical showboater.⍐

It would have been satisfying to watch her face off against Trump on Thursday, not just for progressives but also for suburban women who wanted to see a full-throated fight for their reproductive rights, an issue on which Harris has been especially — and passionately — outspoken and Biden, a devout Catholic, has been more muted. I disagree with her policies on the border, but there is no question Harris has been tough and compelling on immigration. She has been a popular surrogate on the campaign trail, and while she may not help that much with Black and Latino men, who in any case are less consistent voters, I believe she could energize Black women and young people.

A campaign is not a debate, and there is a long road ahead. But the job is to rouse the country out of an alternative universe in which the Trump presidency was actually not that bad. I think she can make that case better than almost anyone in the Democratic Party.

Her polling before this debate was not great — her favorables are as dismal as Biden’s — but recent polls in swing states have shown she could gain trust with voters should she step in for the president. Unlike a drafted candidate, she would start with low expectations she could quite easily exceed. In a world filled with peril, she has been involved in major national security issues, not relegated to ribbon cuttings. Paired with, say, a strong, centrist governor like Josh Shapiro of Pennsylvania or Andy Beshear of Kentucky as her running mate, she could win this.

If Harris were to become the first woman elected president through this strange and extremely unlikely series of events, it would also be a perfect illustration of what it usually takes for women to get a chance to lead: A man makes a hash of an important job, and a woman must roll up her sleeves and clean it up. It would not be the same kind of triumphant moment that brought us our first Black president. But it would finally break that hardest and highest glass ceiling. I hope that the next woman president could come to office under more auspicious circumstances.

Giving the nod to Harris would have another benefit. It would allow Biden to end his long career in public service with dignity and honor. He will go down in history as the man who stopped Trump in 2020. Whatever expediency led Biden to choose Harris as his running mate, and it is clear that she was not a natural choice for him, she was ultimately his choice of successor should he be unable to serve. Creating a mad scramble to find a replacement while passing over the talented politician he already chose would simply be another example of Biden blowing it. Bowing out allows him to be a patriot and let the natural order of succession as he envisioned it unfold, preserving his legacy and sense of agency. That is not a small thing. Harris 2024: It has a pretty nice ring to it.

New York Times June 28, 2024

IMF- India welcomes debt deal

 


IMF welcomes debt deal


The IMF has welcomed the announcement of Sri Lanka’s finalization of its debt agreements with its major official creditors. Peter Breuer, Senior Mission Chief for Sri Lanka has said that the finalization of the debt agreements is a key milestone and takes Sri Lanka one step closer towards completing its debt restructuring and restoring debt sustainability.

“We hope that there will be swift progress on reaching agreements with external private creditors in the near future,” Breuer told the media on Thursday.

On June 26, 2024, Sri Lanka concluded negotiations with the Official Creditor Committee (OCC) and China Exim Bank, marking pivotal strides towards stabilizing its financial footing amid recent economic challenges.

The agreements, valued at a combined USD 10 billion, encompass restructuring arrangements with major bilateral lenders under the auspices of the OCC, co-chaired by Japan, India, and France. Notable members of the committee include Australia, Austria, Belgium, Canada, Denmark, Germany, Hungary, Korea, the Netherlands, Russia, Spain, Sweden, the United Kingdom, and the United States of America.

2024/06/28 The Island

Sri Lanka seals debt deal with China, others after crash

Colombo (AFP) – Sri Lanka said on Wednesday it had clinched a restructuring deal with key bilateral lender China and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash.

The agreement is expected to revive stalled infrastructure projects, including a Japanese-funded airport expansion and a new mass transit light rail in the capital, President Ranil Wickremesinghe said.

Sri Lanka defaulted on its foreign debt in April 2022 after running out of foreign exchange, and the unprecedented economic crisis forced then-president Gotabaya Rajapaksa to step down.

"Sri Lanka concluded negotiations with the Official Creditor Committee (OCC) and the Exim Bank of China," Wickremesinghe said in a televised Sinhalese-language address to the nation.

"Sri Lanka won," he added in English while thanking the OCC, which included Japan, India, the United States, Canada and several European nations.

He said the deal with OCC nations was reached in Paris, while an agreement with the Exim Bank of China was signed in Beijing on Wednesday.

Sri Lanka secured a moratorium on repayments until 2028, he said, but gave no further details.

His supporters in the capital Colombo let off firecrackers and distributed milk rice in celebration as he spoke.

Wickremesinghe said the nation was bankrupt when he took over almost two years ago and he hoped the International Monetary Fund bailout of $2.9 billion he secured last year would be the island's last.

Colombo had gone to the IMF, the international lender of last resort, on 16 previous occasions and the debt restructuring is a condition of the IMF bailout.

Wickremesinghe has doubled taxes, removed generous energy subsidies and is set to sell off loss-making state enterprises to shore up state revenue under that deal.

Neighbouring India welcomed Sri Lanka's

deal and pledged more support.

"This milestone (agreement) demonstrates the strong progress made by Sri Lanka in stabilising its economy and moving towards reform and growth," the Indian government said in a statement.

Bilateral creditors account for 28.5 percent of Sri Lanka's outstanding foreign debt of $37 billion, according to treasury data from the end of March.

China accounts for $4.66 billion of a total of $10.58 billion borrowed from other countries.

Japan accounts for $2.35 billion and India for $1.36 billion.

The government said it was in talks with international bondholders but there was no agreement. A previous round of talks ended in deadlock in April.

Sri Lanka is unable to raise commercial loans until a deal with private creditors is struck.

However, the agreement with bilateral creditors allows the unfreezing of loans for ongoing infrastructure projects financed with funding from other countries.

Thousands of teachers from government schools went on strike in Colombo on Wednesday demanding higher pay, with police using water cannon and tear gas to disperse the protest.

Sri Lanka is due to hold a presidential election this year and opposition parties have vowed to renegotiate the terms of the IMF bailout.

The IMF's Sri Lanka mission chief Peter Breuer said the fund was willing to listen to alternative proposals from rival political parties, but said it was necessary to stick to the benchmarks set in the bailout.

Sri Lanka had made good progress but was not out of the woods yet, he said.


China Strikes Debt Deal With Sri Lanka, Cathing the IMF Off Guard

137 Indians arrested in Sri Lanka over massive online financial scam

 


Sri Lanka Police says a total of 137 Indian nationals who are allegedly part of a group engaged in a large-scale online financial scam operation have been arrested by the Criminal Investigations Department (CID) within yesterday (27) from multiple locations in the country.

Police Media Spokesman DIG Nihal Thalduwa stated that in Negombo, 55 suspects were detained, along with the seizure of 55 mobile phones and 29 laptops. 

In Kochchikade, 53 suspects were apprehended, and authorities seized 31 laptops and 58 mobile phones. 

The operation in Madiwela, Sri Jayawardenepura Kotte led to the arrest of 13 individuals and the seizure of 8 laptops and 38 mobile phones, while in Thalangama, Battaramulla, 16 suspects were taken into custody, with 8 laptops and 38 mobile phones recovered. 

In total, 158 mobile phones, 16 laptops, and 60 desktop computers were seized from 137 Indians arrested, he said.

The Police Spokesman said that the suspects had arrived in the country on tourist visas and that they had been engaged in an illegal online betting operation from leased out properties at these locations.⍐ 

ADA June 28, 2024

Fleet Chief Petty Officer PDP Rathnayake laid to rest with full Navy honours

 

Pic: SL Navy

Fleet Chief Petty Officer PDP Rathnayake laid to rest with full Navy honours

In a solemn ceremony filled with deep reverence and respect, Fleet Chief Petty Officer PDP Rathnayake was laid to rest with full Navy honours at Hipauwa General Cemetery in Ibbagamuwa on 27th June 2024. The senior sailor succumbed to his injuries, during an operation to seize an Indian trawler poaching in Sri Lankan waters on 25th June off Kankasanthurai, Jaffna. The funeral ceremony was attended by Fisheries Minister, Hon. Douglas Devananda and members of Northern Fishermen Cooperative Associations.


Meanwhile, Commander of the Navy, Vice Admiral Priyantha Perera and the President of Navy Seva Vanitha Unit, Mrs Mala Lamahewa also paid their last respects to the deceased senior sailor on 26th June. Ven. Members of Maha Sangha, senior and junior officers, sailors, bereaved family members and a large number of residents from the area attended the funeral ceremony.

Attending the funeral, members of Northern Fishermen Cooperative Associations expressed their condolences to the family members of the senior sailor who tragically lost his life during an operation conducted by the Navy, aimed at safeguarding the livelihood of the local fishing community. They also mentioned that the northern fishing community holds great respect for the Sri Lanka Navy due to their relentless efforts and the risks they undertake to prevent poaching activities by Indian fishermen in Sri Lankan waters.⍐


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