Boeing reports $6 billion quarterly loss ahead of vote by union workers who have crippled production 

EVERETT, Wash. — Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to accept a company contract offer or continue their crippling strike, which has dragged on for nearly six weeks.  

New CEO Kelly Ortberg laid out his plan to turn Boeing around after years of heavy losses and damage to its reputation.  

In remarks he planned to deliver later Wednesday to investors, Ortberg said Boeing needs “a fundamental culture change in the company.” To accomplish that, he said, company leaders need to spend more time on factory floors to know what is going on and “prevent the festering of issues and work better together to identify, fix, and understand root cause.”  

Ortberg repeated that he wants to “reset” management’s relationship with labor “so we don’t become so disconnected in the future.” He expressed hope that machinists will vote to approve the company’s latest contract offer and end their strike.  

“It will take time to return Boeing to its former legacy, but with the right focus and culture, we can be an iconic company and aerospace leader once again,” he said.  

The strike is an early test for Ortberg, a Boeing outsider who became CEO in August.  

Ortberg has already announced large-scale layoffs and a plan to raise enough cash to avoid a bankruptcy filing. He needs to convince federal regulators that Boeing is fixing its safety culture and is ready to boost production of the 737 Max — a crucial step to bring in much-needed cash.  

Boeing can’t produce any new 737s, however, until it ends the strike by 33,000 machinists that has shut down assembly plants in the Seattle area.  

Ortberg has “got a lot on his plate, but he probably is laser-focused on getting this negotiation completed. That’s the closest alligator to the boat,” said Tony Bancroft, portfolio manager at Gabelli Funds, a Boeing investor.  

Boeing hasn’t had a profitable year since 2018, and the situation is about to get worse before it gets better.  

Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were calling for a loss of $10.34 per share.  

Revenue totaled $17.84 billion, matching Wall Street estimates.  

Shares were flat before the opening bell.  

Investors will be looking for Ortberg to project calm, determination and urgency as he presides over an earnings call for the first time since he ran Rockwell Collins, a maker of avionics and flight controls for airline and military planes, in the last decade.  

The biggest news of the day, however, is likely to come Wednesday evening, when the International Association of Machinists and Aerospace Workers reveals whether striking workers are ready to go back to their jobs.  

They will vote at union halls in the Seattle area and elsewhere on a Boeing offer that includes pay raises of 35% over four years, $7,000 ratification bonuses, and the retention of performance bonuses that Boeing wanted to eliminate.  

Boeing has held firm in resisting a union demand to restore the traditional pension plan that was frozen a decade ago. However, older workers would get a slight increase in their monthly pension payouts.  

At a picket line outside Boeing’s factory in Everett, Washington, some machinists encouraged colleagues to vote no.  

“The pension should have been the top priority. We all said that was our top priority, along with wage,” said Larry Best, a customer-quality coordinator with 38 years at Boeing. “Now is the prime opportunity in a prime time to get our pension back, and we all need to stay out and dig our heels in.”  

Best also thinks the pay increase should be 40% over three years to offset a long stretch of stagnant wages, now combined with high inflation.  

“You can see we got a great turnout today. I’m pretty sure that they don’t like the contract because that’s why I’m here,” said another picketer, Bartley Stokes Sr., who started working at Boeing in 1978. “We’re out here in force, and we’re going to show our solidarity and stick with our union brothers and sisters and vote this thing down because they can do better.”

LeBron, Bronny James make NBA history with father-son appearance

Los Angeles — LeBron and Bronny James made NBA history on Tuesday, becoming the first father-and-son duo to play alongside each other in a regular season fixture as the Los Angeles Lakers opened their campaign against the Minnesota Timberwolves.

The duo, who played together briefly in a pre-season game earlier this month, took to the court together late in the second quarter at the Crypto.com Arena with the Lakers leading 51-35.

An enormous roar went up from the home crowd as the James duo were brought onto the court by coach J.J. Redick after the Lakers had surged into a double-digit lead.

In a perfectly scripted moment that was pure Hollywood, the James’ double-act was watched at courtside by Ken Griffey Sr. and Ken Griffey Jr, who made baseball history playing for the Seattle Mariners as father and son in 1990-1991.

“We made history; now we get to watch history,” said Griffey Jr., who joined his father to pose for photos with LeBron and Bronny James shortly before Tuesday’s tip-off.

Lakers officials had been coy before Tuesday’s season-opener about where and when LeBron James and Bronny would play their first regular season fixture together.

However, NBA superstar LeBron James, who turns 40 in December, admitted in pre-game remarks that he could scarcely contain his excitement at the prospect of realizing his long-cherished dream of sharing a court with his son.

“Just to run out the tunnel knowing that he’ll be in uniform, run out the tunnel with him, see him warm up, and be out there with the rest of my teammates,” James told reporters during a morning shoot-around on Tuesday.

“This is my 22nd time running out on opening night so I don’t know how many times I’ll have an opportunity, how many times I’ve got left to run out. I won’t take it for granted.”

Anticipation about the James double-act has dominated the Lakers’ preparations for the new season since Bronny James was selected by the franchise with the 55th pick in the draft in June.

‘It’s been a treat’

Bronny James, 20, is expected to spend most of his rookie season in the developmental G-League rather than the Lakers senior squad.

LeBron James however said Tuesday that he had relished being able to accompany his son on his first steps into professional basketball.

“It’s been a treat and just in preseason, the practices, just every day,” James said. “The plane rides, the bus rides of being with him and showing him the ropes, along with his teammates and coaches. Just what this professional life is all about and how to prepare every day … super-duper cool.”

Bronny James’ ascent to the ranks of the NBA has been made all the more remarkable given that just over a year ago he suffered a cardiac arrest during a workout with his University of Southern California college team-mates.

James Sr. said his son’s swift recovery from that life-threatening episode had convinced him that he would one day play in the NBA.

“To see him play in a college Division I game the same year he had heart surgery … I knew that at that moment that there really was going to be nothing to stop him from anything that he wants to do,” James said.

Bronny said at the Lakers recent media day he was fueled by the words of critics who have suggested he owes his place on the Lakers roster entirely to his superstar father.

“I’m just taking all that stuff, that criticism and backlash that people have given me and turning it into something that can fuel me,” he said.

Giuliani ordered to turn over NYC apartment, 26 watches to Georgia election workers

Rudy Giuliani must turn over sports memorabilia and other prized possessions to two Georgia election workers who won a $148 million defamation judgment against him, including his New York City apartment, more than two dozen luxury watches and a 1980 Mercedes once owned by movie star Lauren Bacall, a judge ruled Tuesday.

But U.S. District Judge Lewis Liman in Manhattan also said Giuliani does not have to give the election workers three New York Yankees World Series rings or his Florida condominium — for now — noting those assets are tied up in other litigation.

The property Giuliani must relinquish is expected to fetch several million dollars for Ruby Freeman and her daughter, Wandrea “Shaye” Moss. They won the $148 million judgment over Giuliani’s false ballot fraud claims against them related to the 2020 presidential election. They said Giuliani pushed Donald Trump’s lies about the election being stolen, which led to death threats that made them fear for their lives.

Under Tuesday’s order, Giuliani must relinquish within seven days his Manhattan apartment, estimated at more than $5 million, as well as his interest in about $2 million that he says Trump’s 2020 presidential campaign owes him for his services.

Also on the list of assets that must be given to Freeman and Moss are a 1980 Mercedes-Benz SL 500 previously owned by Bacall; a shirt and picture signed, respectively, by Yankees legends Joe DiMaggio and Reggie Jackson; a signed Yankee Stadium picture; a diamond ring; costume jewelry and 26 watches including a Rolex, five Shinolas, two Bulovas and a Tiffany & Co.

In court documents filed earlier this year, Giuliani estimated the Mercedes was worth about $25,000, and the watches, World Series rings and costume jewelry at about $30,000. He said the value of his sports memorabilia was unknown.

One of those watches was given to Giuliani by his grandfather and he asked that he be allowed to keep it because of its sentimental value. But Liman rejected the request, saying Giuliani could have had it exempted if he had proven it was worth less than $1,000 — but he did not do so.

“The Court also does not doubt that certain of the items may have sentimental value to Defendant,” the judge added. “But that does not entitle Defendant to continued enjoyment of the assets to the detriment of the Plaintiffs to whom he owes approximately $150 million. It is, after all, the underlying policy of these New York statutes that ‘no man should be permitted to live at the same time in luxury and in debt.'”

Liman wrote that Freeman and Moss would be allowed to sell off the property and “ensure that the liquidation of the transferred assets is accomplished quickly.”

Giuliani had asked the judge to bar Freeman and Moss from selling any of his assets until after his appeal of the judgment is completed. Liman also rejected that request, saying Giuliani could have asked the federal court in Washington, D.C., where Freeman and Moss won their case, to stay any asset sales pending his appeal, but he did not.

Giuliani’s lawyers, Kenneth Caruso and David Labkowski, said in a statement Tuesday night, “Stay tuned. When the judgment is reversed in the Court of Appeals in Washington, D.C., these Plaintiffs will be required to return all this property to Mr. Giuliani. We repeat, stay tuned.”

To date, Giuliani has not paid Freeman and Moss anything.

“We are proud that our clients will finally begin to receive some of the compensation to which they are entitled for Giuliani’s actions,” Aaron Nathan, a lawyer for Freeman and Moss, said in a statement. “This outcome should send a powerful message that there is a price to pay for those who choose to intentionally spread disinformation.”

As for the World Series rings, Giuliani’s son, Andrew, filed court documents earlier this month saying he actually is the rightful owner. He said his father gave him four rings — one for each of the Yankees’ championships in 1996, 1998, 1999 and 2000 — as gifts in 2018. Rudy Giuliani received the rings during his tenure as mayor of New York City. The younger Giuliani’s claim is pending in federal court in Manhattan.

Freeman and Moss also asked Liman to order Rudy Giuliani to turn over his condo in Palm Beach, Florida, estimated to be worth more than $3 million. But that property is tied up in other litigation, with Giuliani claiming it should be exempt because it is his primary residence. Freeman and Moss have a lien on the Florida property.

Liman said he would take up the Florida condo at a hearing Oct. 28, and he barred Giuliani from selling the property or taking any action that would diminish its value.

After the $148 million verdict, Giuliani filed for bankruptcy, which froze attempts by Freeman and Moss to collect the award. But a judge in July threw out the case citing repeated “uncooperative conduct,” including a failure to comply with court orders and disclose sources of income.

E. coli outbreak tied to McDonald’s Quarter Pounder kills 1, sickens dozens in US

One person died and dozens fell ill from E. coli infections linked to McDonald’s Quarter Pounder hamburgers in 10 states, led by Colorado, where 26 people were sickened, the U.S. Centers for Disease Control said on Tuesday.

The E. coli outbreak, linked to one of McDonald’s most popular menu items, has sickened 49 people and sent 10 to the hospital, officials say.

The strain involved, E. coli O157:H7, can cause serious illness and was the source of a 1993 outbreak that killed four children who ate undercooked hamburgers at Jack in the Box restaurants.

Shares of the world’s largest fast-food chain were down about 6% in extended trading. A livestock trader said the outbreak also could pressure U.S. cattle futures on Wednesday by threatening demand for beef.

Everyone interviewed as part of an investigation into the outbreak has reported eating at McDonald’s before their illness started, and most mentioned eating a Quarter Pounder hamburger, according to the CDC.

The specific ingredient linked to the illness has not been identified but investigators are focused on fresh, slivered onions and fresh beef patties, the CDC said.

Most of the illnesses were reported in Colorado and Nebraska.

“The initial findings from the investigation indicate that a subset of illnesses may be linked to slivered onions used in the Quarter Pounder and sourced by a single supplier that serves three distribution centers,” McDonald’s North America Chief Supply Chain Officer Cesar Piña said in a statement.

McDonald’s has proactively removed the slivered onions and beef patties used for the Quarter Pounder hamburgers from stores in the affected states while the investigation continues, the company informed the CDC.

U.S. food safety attorney Bill Marler, who represented a victim in the Jack in the Box outbreak, said more cases of illness could surface. Onions have been linked to prior E. coli O157:H7 outbreaks, he said.

According to Marler, a founder of Marler Clark in Seattle, beef contamination is less common due to food safety measures. “You’d have to have multiple restaurants under-cooking the meat,” he said.

McDonald’s is temporarily removing the Quarter Pounder from restaurants in the impacted areas, including Colorado, Kansas, Utah and Wyoming, it said in a statement, adding it was working with suppliers to replenish supply in the coming week.

Symptoms for E. coli include severe stomach cramps, diarrhea and vomiting. Most people who suffer an infection will start feeling sick three to four days after eating or drinking something that contains the bacteria, Colorado’s public health department said. However, illnesses can start anywhere from one to 10 days after exposure, the department added.

In 2015, burrito chain Chipotle saw its sales battered and reputation hit due to E.coli outbreaks in several states. That outbreak was linked to a different strain of E. coli that typically causes less severe illness than E. coli O157:H7.

In addition to Colorado, the CDC said small clusters of a few people fell ill after eating a Quarter Pounder in Nebraska, Utah and Wyoming. Kansas, Missouri, Oregon, Iowa, Wisconsin and Montana had one illness apiece.

VOA interview: US Army General Costanza discusses Russia’s threat to West

The war in Ukraine is reshaping the strategic landscape of Europe. While Western and Eastern European nations within the NATO alliance recognize the Russian threat, each day, NATO nations bordering Belarus and Russia feel the immediacy of the threat.

In an exclusive interview with VOA’s Eastern Europe Bureau Chief Myroslava Gongadze, Lieutenant General Charles Costanza, commander of the U.S. Army’s V Corps (also known as the Fifth Corps) in Poland, discusses how NATO adapts to Russia’s evolving tactics while defending its members’ borders.

This interview has been edited for brevity and clarity.

VOA: Can you explain the different threat assessments from Eastern and Western European partners of NATO regarding Russia?

Charles Costanza, commanding general of the U.S. Army’s V Corps: Clearly, in the eastern flank of Europe, the threat is real. They’re on the border with Belarus and Russia, and so, they see that threat every day differently. You see recent open-source reporting on the Russian UAVs [unmanned aerial vehicles, or drones] coming over Romanian territory and Lithuanian territory. Those incursions have increased. You see the sabotage operations going on throughout eastern flank countries and Eastern European countries. So, Russia is increasing that, short of … challenges and interference [that would trigger the NATO mutual defense clause].

VOA: Do you think Russia is doing it deliberately?

Costanza: Of course, they are. They weaponize immigration — I say “weaponize” deliberately. This weaponized immigration is happening in Poland, it’s all been driven from Russia to interfere in Eastern Europe. Moldova is a near-term example with their elections. Russia is actively interfering in those elections to try and shape them in a pro-Russian way. So, all that is going on right now. So, that’s part of this threat assessment piece that isn’t necessarily impacting the Western European countries as much as Eastern Europe.

VOA: How threatening is Russia’s military?

Costanza: I think there’s a view that Russia is going to take three to 10 years to reconstitute, and I think that we need to look at that a little differently. Russian armed forces, ground forces right now, are actually bigger than they were before the war with Ukraine started 2½ years ago, despite the losses of open-source reporting [of] 600,000 casualties that they’ve incurred during the course of the war.

They may not be as well trained, but they’re bigger. Their industrial base is on a wartime footing. Their mobilization base is on a wartime footing. They know they’re fighting a Western-trained, West-equipped country with Ukraine. They’re learning how to defeat those capabilities and those systems over the last 2½ years. So, they’re modernizing their force based on the lessons that they’re learning, and I think that’s something we should be concerned about. They’re modernizing their equipment. They’re changing the way that they fight based on learning how to fight against Western-trained forces in Ukraine. And I think that should be a concern for all of us. It clearly is to our Eastern European allies.

VOA: How are you preparing to defend and deter?

Costanza: First of all, to maintain a high stance on readiness from a U.S. forces standpoint but also the NATO standpoint. At the Fifth Corps, one of the key things we do as partners with our multinational corps and multinational divisions across the eastern flank of Europe [is] just to help build their war-fighting capability as they field new capabilities. HIMARS [High Mobility Artillery Rocket System], for example. Apaches [helicopters] — with Poland just purchasing 96 Apaches from the United States. So, we help them to employ those things, those capabilities. But how you employ them at the corps level, and how you employ them at the division level, we can help, and we do.

VOA: General Valerii Zaluzhnyi, the former commander in chief of the Ukrainian Armed Forces and now ambassador to the United Kingdom, recently gave a speech at Chatham House in London in which he talked about the technological advancements of this war, and how this is a different war than NATO was prepared to fight. How would you assess NATO’s capabilities today?

Costanza: I think you’re exactly right. And those are some of the comments that were made by our NATO partners in this event. I think that the United States is kind of setting the standard on that with a new program that our chief of staff of the Army [General Randy George] has talked about, which is transformation in contact. So, for the U.S. forces that are rotating over here to Europe, we’re modernizing them with equipment that’s available right now. So, instead of going through our normal four-year acquisition process to get new equipment, we’re taking things that are available based on what we’re watching happen in Ukraine. … So maybe that can be a model for our partners and allies.

VOA: We talked about NATO capabilities. Now I want to go back to Russian capabilities. How advanced do you think they are right now?

Costanza: I think the biggest concern is what I said before: They know they’re fighting Western-trained and -equipped forces. And so, as they modernize based on the lessons that they’re learning — not just their equipment, but how they fight — they’re really sharpening their ability to fight us in the future. And I think that’s something we need to be concerned about.

So, those things I just talked about that we’re trying to rapidly introduce into our brigade to execute the transformation, contact — the UAS [Unmanned Aircraft Systems, or drones], the border, ammunition, the counter UAS, the EW [electronic warfare] capability. And how do you synchronize all of that capability so that you can really, rapidly strike and kill targets? They’ve learned how to do that. And so, we need to be able to do that and do it better than they do.

VOA: Russia is gaining support from China and North Korea right now. Are we ready to face this threat?

Costanza: The lessons that I was talking about, the reasons we should be concerned about Russia — they’re sharing those lessons with China, with Iran, and vice versa, the capabilities that Iran and China are providing. And now you see the North Koreans, as well. North Korea is now providing, I think it’s an initial batch [of] open-source reporting, of 4,000 North Korean soldiers. I think that could potentially just be a starting point for what they provide in terms of manpower to Russia. And I think that’s a problem near-term here in Eastern Europe, because as we talked about before we started, the challenge for Ukrainians is people. It’s the amount of people that they have to put into this fight. And Russia doesn’t care how many losses it takes. I mean, 600,000 [casualties], and they’re still throwing more manpower at it and don’t even blink. Ukrainians can’t afford to take those losses. I think that’s going to be the limiting factor for that as we move forward, watch this war continue into this third period.

VOA: There are different assessments of threats between, let’s say, the political part of the NATO alliance and the military part of the alliance. How are you finding that common ground?

Costanza: Yeah, I think it’s just constant dialogue, right? And so, I know we do that at different levels. So, the combatant commander, the U.S. combat commander, has those discussions at the national levels with our NATO partners and allies. We all live in Eastern Europe, including myself — in Poland. We all see that threat the same way. It can be near term.

VOA: What do you mean by the near term?

Costanza: I think, one year, two years, three years.

VOA: And you’re trying to be ready for that?

Costanza: U.S. forces are ready, and I can tell you, our NATO partners and allies are ready. And we’re just continuing to build capabilities.

Ethiopia begins selling stakes in state-owned company

Ethiopia’s state-owned telecommunications company has started selling shares to the public, in a move aimed at establishing a new national stock market and giving Ethiopians a stake in the company, one of the country’s largest and most profitable.

Ethio Telecom will be the first company listed on the new Ethiopian Securities Exchange, or ESX, which is set to begin operating in November. It will be the country’s first stock market since the 1970s.

Ethiopia Prime Minister Abiy Ahmed said last Wednesday that the 130-year-old Ethio Telecom is offering 10% of its shares to the public, 100 million shares in all.

Investors, who must be Ethiopian nationals, can buy up to 3,333 shares of the company at a price of 300 birr, or about $2.50 per share.  

CEO Frehiwot Tamiru said the company will now be called Ethio Telecom PLC.

“Today marks a significant milestone as we launch the sale of Ethio Telecom shares, an essential step in our ongoing journey from political revolution to evolution over the past six years,” Abiy said in a post on X.

He said offering the shares lays “the groundwork for Ethiopia’s stock market and expanding access to ownership in one of the nation’s leading state-owned enterprises, which has now evolved into a share company.”

Ethiopia, once a communist country aligned with the Soviet Union, has gradually allowed greater foreign investment and has slowly privatized state companies, though the government still owns and controls key banking, telecom and transportation firms.

Not everyone sees the sale of Ethio Telecom shares as a sure winner for the Ethiopian public. Ethiopian economist and the executive director of Initiative Africa, Kibur Gena, is concerned that only wealthy Ethiopians will be able to invest in the company.

“This raises questions, in my opinion, of fairness and inclusivity,” he said.  “Such a move might provide, of course, immediate financial benefits to the government; it could also perpetuate inequalities in wealth distribution and restrict, of course, broader public participation in national assets.”

Kibur argues that this approach to privatization could lead to a “deeper wealth gap” and make it harder for the majority of Ethiopians to gain access to economic opportunities.’

“This would certainly contradict the principles of economic equity, which many argue that, when you sell public assets or public resources, they should be distributed more widely to ensure that economic benefits reach marginalized or less affluent groups.”

Ethio Telecom sees it differently.  To help ensure that the share sale is inclusive, investors can buy as few as 33 shares, purchasable for 9,900 birr ($82), according to a company post on Facebook.

However, many Ethiopians don’t even earn $82 in a month, according to World Bank data.

Asked why the privatization of state companies have been slow in Ethiopia, Kibur said it can be seen as a “pragmatic strategy to protect national development goals” and “maintain economic sovereignty.”

“In many ways, privatization may eventually happen and it is happening,’’ he said. ‘’Many economists would argue that it should be done gradually with strong regulatory frameworks in place so that it can ensure that it contributes to long-term development and social stability rather than short-term market efficiency.”

Abiy said Ethio Telecom generated about $829 million in revenue and $239 million in profit during 2023, noting the amount is the most income generated for the state, compared to all other domestic and foreign companies operating in Ethiopia, including commercial banks, combined.

“We are doing this so that people could have confidence in it and join the stock market but it would have continued to be profitable even if we didn’t sell shares,” the prime minister said.

Abiy hinted the government may offer more stakes for sale.

“The sale of shares that we started with Ethio Telecom may continue with Ethiopian Airlines, with hotels and other sectors,” he said.

This story originated in VOA’s Horn of Africa Service. 

‘Made in China’ election merchandise floods US market

WASHINGTON — As the United States presidential election enters its final phase, more and more voters are expressing support for their favored candidate by wearing election merchandise.

What they may not realize is that the “Make America Great Again” Trump hat or “Childless Cat Lady for Harris” T-shirt they’re wearing quite possibly was made in China.

With the help of e-commerce platforms, Chinese traders are flooding the market for U.S. election merchandise with cheap goods. Anecdotal evidence suggests U.S. makers of these products are struggling to compete.

“I think the amount of stuff on Amazon and Etsy that’s coming from China and other countries in cargo ships and unloaded on American shores is drastically impacting American manufacturers’, like myself, ability to compete and grow our own business. I think it’s dramatic,” said Ben Waxman, founder and co-owner of American Roots, an American apparel company.

Waxman wouldn’t share production or profit figures with VOA Mandarin Service because of privacy concerns, but he did say his U.S.-made campaign T-shirts, for example, sell for about $15 each, while those on Chinese online retailer Temu can sell for as little as $3.

“It’s more expensive when you pay higher wages, living wages, and abide by environmental standards,” Waxman said, referring to long-standing criticisms of China’s manufacturing practices.

His unionized company has been producing campaign merchandise for presidential candidates since 2016, mainly T-shirts and sweatshirts, with all raw materials and production sourced within the U.S.

Flooding the market

VOA Mandarin Service was unable to find total sales figures for made-in-America election merchandise versus made-in-China ones. But the massive number of Chinese-made election products for sale on e-commerce platforms, including Amazon and eBay, show they are flooding the market.

On Temu alone, tens of thousands of election-themed items have been sold at a fraction of the price of the official campaigns’ versions.

Among them, a “Make America Great Again” hat costs less than $4, while the official Trump campaign store website, which boasts “All Products Made in the USA,” sells them for 10 times that price at $40 each.

Likewise, Temu’s “Kamala Harris 2024” hats can sell for less than $3 each, while the official Kamala Harris campaign store website sells “Kamala” hats for $47 each.

The Harris campaign also vowed to only sell products made in the U.S. on its official websites.

VOA asked both campaigns for comment but didn’t receive a response by the time of publication.

The stark contrast in prices highlights the challenges the U.S. faces in reducing its dependence on Chinese products and closing a trade loophole, known as the de minimis loophole, that allows Chinese companies to ship goods worth less than $800 to the U.S. without paying import duties.

Kim Glas, president and CEO of the National Council of Textile Organizations, a labor union-aligned organization, said abuse of the de minimis loophole is rampant, adding that her group “lost 21 manufacturing operations over the last 18 months.”

Glas said some of NCTO’s member manufacturers found sales of campaign products are slower this year than in any previous U.S. election cycle.

VOA Mandarin reached out to Amazon and eBay for comments on the volume of presidential campaign merchandise imported from China on their websites and their regulations of the Chinese vendors but didn’t receive a response by the time of publication.

Temu didn’t comment on election product sales in the U.S., but the company’s spokesperson replied in an email to VOA Mandarin, “Temu’s growth isn’t dependent on the de minimis policy. The primary drivers behind our rapid expansion and market acceptance are the supply-chain efficiencies and operational proficiencies we’ve cultivated over the years.”

The spokesperson added, “We are open to and supportive of any policy adjustments made by legislators that align with consumer interests.”

U.S. textile industry representatives note the irony of the two U.S. presidential candidates talking tough on trade with China while their own followers are buying China-made products to show their support for them.

“If someone is supporting a candidate because of that candidate’s economic policy and their position toward improving our economy and improving our environment and improving our labor conditions, and doing so by increasing the amount of domestic manufacturing, and then they’re supporting a candidate by buying a product that’s made in a country that stands for the opposite of that, they’re actually doing themselves and the candidate and the economy a disservice,” said Mitch Cahn, president of Unionwear, a New York-based apparel company that has supplied more than 300,000 baseball caps to Harris’ campaign.

‘Anybody can make the product’

Cahn notes that anyone can produce campaign products because the campaigns don’t control their intellectual property. They think “it’s more valuable for them to have a person wear the campaign’s name on their head than it is to make money from selling the merchandise.”

“When anybody can make the product and sell it, a lot of the products are going to end up being made in China because there’s just not a lot of manufacturers here,” he told VOA Mandarin.

The Associated Press reported on October 18 that thousands of Donald Trump’s “God Bless America” Bibles were printed in China. The AP also noted that most Bibles, not just the Trump-backed one, are made in China.

Critics note Trump’s promotion of Made in the USA products could be undermined by the revelation.

“In past [election] years, this would’ve been a scandal,” says Marc Zdanow, a political consultant and CEO of Engage Voters U.S. “I think Trump voters just don’t care. … I guess the question is whether or not this rises to the top for those voters who are still undecided. This issue is certainly one that could be enough to push this group away from Trump.”

Chris Tang, a business administration and global management professor at UCLA’s Anderson School of Management, told VOA Mandarin the impact of merchandise made in China on the U.S. economy is not simply about one-sided manufacturing job losses. Consumers also get these products at low prices.

“While there are job losses in manufacturing, it creates opportunities for small businesses to import small quantities quickly using [online Chinese sellers like] Alibaba to find suppliers to produce election merchandise quickly and sell them online quickly.”

Tang said the U.S. should develop a manufacturing sector that focuses on high-value products, not cheap ones such as U.S. election merchandise.

FBI probing release of US intel on Israel’s attack plans for Iran

WASHINGTON — The FBI is investigating the public disclosure of a pair of highly classified intelligence documents describing Israel’s preparations for a retaliatory strike on Iran, the bureau said on Tuesday. 

“The FBI is investigating the alleged leak of classified documents and working closely with our partners in the Department of Defense and Intelligence Community,” it said in a statement. 

White House national security spokesman John Kirby said on Monday that it has not been determined whether the disclosure was a hack or a leak. President Joe Biden was watching the results of the investigation closely, he added. 

“We’re not exactly sure how these documents found their way into the public domain,” Kirby told reporters. 

“The president remains deeply concerned about any leakage of classified information into the public domain. That is not supposed to happen, and it’s unacceptable when it does,” he said. 

The documents appear to have been prepared by the National Geospatial-Intelligence Agency, describing U.S. interpretations of Israeli Air Force and Navy planning based on satellite imagery from Oct. 15-16. 

They began circulating last week on the Telegram messaging app. Israel has been planning a response to a ballistic-missile barrage carried out by Iran on Oct. 1, Tehran’s second direct attack on Israel in six months. Israel has intensified its offensive in Gaza and Lebanon, days after the killing of Hamas leader Yahya Sinwar. 

U.S. House of Representatives Speaker Mike Johnson on Sunday said an investigation was under way.

Former Abercrombie & Fitch chief arrested on sex trafficking charges

NEW YORK — Former Abercrombie & Fitch CEO Michael Jeffries and two other men have been arrested on sex trafficking and interstate prostitution charges, a spokesperson for federal prosecutors said Tuesday.

Details of the criminal charges weren’t immediately available. They come after years of sexual misconduct allegations, made in civil lawsuits and the media, from young people who said Jeffries lured them with promises of modeling work and then pressed them into sex acts.

A message seeking comment was left for Brian Bieber, an attorney who has represented Jeffries. Information on attorneys for the other defendants wasn’t immediately available.

Brooklyn-based U.S. Attorney Breon Peace and FBI and police officials were set to hold a news conference later Monday.

Jeffries left New Albany, Ohio-based Abercrombie & Fitch in 2014.

One civil lawsuit filed in New York last year accused Abercrombie of allowing Jeffries to run a sex-trafficking organization during his 22-year tenure. It said that Jeffries had modeling scouts scouring the internet for victims, and that some prospective models became sex-trafficking victims.

Abercrombie last year said it had hired an outside law firm to conduct an independent investigation after a report on similar allegations was aired by the BBC.

The BBC investigation included a dozen men who described being at events involving sex acts they said were staged by Jeffries and his partner, Matthew Smith, often at his home in New York and hotels in London, Paris and elsewhere.

When the civil lawsuit was filed in New York last year, Bieber declined to comment on the allegations.

Ув’язнений у колонії в РФ кримський громадянський журналіст Бекіров 3 тижні не виходить на зв’язок – дружина

За словами дружини Бекірова, останній лист він написав 2 жовтня, а дзвінків сім’я не отримувала від нього понад два з половиною місяці

New US campus protest rules spur outcry from college faculty

Dissent is thriving this fall at American colleges, and not just among student activists. With student protests limited by new restrictions, faculty have taken up the cause.  

To faculty, new protest rules threaten freedom of speech — and the freedom to think, both central to university life. This semester, some of the most visible demonstrations have involved professors speaking up for the right to protest itself.  

Last spring, pro-Palestinian tent encampments crowded schools and disrupted commencement plans, drawing accusations of antisemitism and prompting new limits.  

At Indiana University, an “expressive activity policy” rolled out in August prohibits protests after 11 p.m., bans camping on campus, and requires pre-approval for signs. In defiance, each Sunday a group of faculty members, students and community members gather on campus for candlelight vigils that extend past the 11 p.m. deadline.  

Russ Skiba, a professor emeritus who has attended the vigils, said the new restrictions are part of a larger movement to limit academic freedom on campuses.  

In Indiana, the Republican governor in March signed a law increasing state oversight of public universities. The law, sponsored by a lawmaker who said colleges suffer from “monolithic thinking,” subjects faculty to post-tenure reviews over whether they are fostering diversity of thought and keeping their political views out of the classroom. Skiba and other Indiana professors widely opposed the bill, which they criticized as vague and subject to interpretation.  

“Universities are bastions of free speech, but when you have a movement that is anti-democratic, one of the places that is most attacked is freedom of speech,” Skiba said.  

Faculty members at colleges elsewhere around the country have pushed back on the new rules with protests, vigils and demands for explanation.  

A group of Harvard University professors held a “study-in” at a campus library on Oct. 16 in support of pro-Palestinian students who were temporarily banned from the library for holding a similar demonstration. In September, a group representing University of California faculty filed a complaint alleging the system sought to chill their academic freedom and keep from teaching about the Israel-Hamas war “in a way that does not align with the University’s own position.”  

To some professors, the protest restrictions are also a labor issue.  

Colleges have been granting tenure to fewer professors, and facing pressure in some areas to do away with it altogether. Legislatures in several states have taken an interest in how topics around race, gender and history are taught. Protest guidelines handed down by administrators are another way the faculty’s say in university affairs is being diminished, some professors say.  

“We have to, as faculty, organize and demand the sort of shared governance that gives us a right to review and challenge these policies,” said Todd Wolfson, a journalism and media studies professor at Rutgers University and the president of the American Association of University Professors. “They’re not made by people coming out of the academic arm of our institutions.” 

Tensions on campuses nationwide have been high since the war began over a year ago, when Hamas-led militants stormed into southern Israel, killing some 1,200 people, mostly civilians, and abducting around 250. Israel’s offensive has killed over 42,000 Palestinians, according to the Gaza Health Ministry, which does not say how many were fighters.

Colleges have been under tremendous pressure, including from Republicans in Congress, to protect students from discrimination while upholding free speech. Demonstrations last spring blocked foot traffic in parts of some campuses and included instances of antisemitic imagery and rhetoric. Some Jewish faculty members and students have said the protests made them feel unsafe.  

In a message announcing new guidelines at the start of the semester, Northwestern University President Michael Schill said it needs to make sure everyone on campus feels safe and supported.  

“Activities that lead to intimidation and impede an environment where dialogue and education can flourish cannot occur again,” he said.  

Shirin Vossoughi, a Northwestern professor, was among 52 faculty members who signed an open letter opposing the school’s new demonstration policy as caving to political pressure to silence certain types of activism. She said the rules crack down not just on free speech, but pro-Palestinian voices in particular.  

During the protests last spring, some faculty members joined ranks with demonstrators. Others acted as mediators for students they see as under their care and protection. Faculty voted no confidence against leaders of schools including Columbia University, the University of Massachusetts, Brandeis University, and Cal Poly Humboldt over their handling of the protests.  

At Northwestern University, Steven Thrasher was among three faculty members charged by university police for obstructing law enforcement during last spring’s protests. He was suspended and removed from teaching this fall while under investigation by the university.

“The way that I saw my role was as a protector of the students’ safety and of their ability to express themselves,” Thrasher said this fall. “I knew as soon as I started seeing violence happening towards students that I would do what I could.”  

While schools say the rules are meant to limit disruptions, faculty members say they have the effect of neutralizing dissent.  

“The whole point of a protest is to be seen and heard,” said Michael Thaddeus, a mathematics professor at Columbia University, where new rules require advance notice and prevent demonstrations that “substantially inhibit the primary purposes” of an area of campus. “Free speech rights aren’t served if you can only speak into the void and not have anybody hear you, and that includes the right to be seen and heard by people who don’t like what you have to say.”  

Professors also drew a connection to the growing percentage of lecturers, adjuncts and professors who do not have tenure protections. Professors increasingly see the issue of speech and academic freedom as a labor issue as a result of the crackdowns, said Risa Lieberwitz, AAUP’s general counsel.

“We’re seeing unionization growing and increasing,” she said. “I think to some extent it’s because it’s so important to organize, to claim democratic rights.”  

Wolfson said professors must stand up for students’ rights to demonstrate and speak freely.  

“Their freedom of speech rights are the lifeblood of the university,” Wolfson said. “We cannot have a university based on critical thinking and exploring questions if we’re going to clamp down on students’ rights to protest something they think is a massive problem, and if they see a way for the university to actually engage in it productively.”

IMF’s economic view: A brighter outlook for US but still-tepid global growth 

Washington — The International Monetary Fund on Tuesday upgraded its economic outlook for the United States this year, while lowering its expectations for growth in Europe and China. It left its forecast for global growth unchanged at a relatively lackluster 3.2% for 2024. 

The IMF expects the U.S. economy — the world’s largest — to expand 2.8% this year, down slightly from 2.9% in 2023 but an improvement on the 2.6% it had forecast for 2024 back in July. Growth in the United States has been led by strong consumer spending, fueled by healthy gains in inflation-adjusted wages. 

Next year, though, the IMF expects the U.S. economy to decelerate to 2.2% growth. With a new presidential administration and Congress in place, the IMF envisions the nation’s job market losing some momentum in 2025 as the government begins seeking to curb huge budget deficits by slowing spending, raising taxes or some combination of both. 

The IMF, a 190-nation lending organization, works to promote economic growth and financial stability and reduce global poverty. In its latest forecast, it expects China’s economic growth to slow from 5.2% last year to 4.8% this year and 4.5% in 2025. The world’s No. 2 economy has been hobbled by a collapse in its housing market and by weak consumer confidence — problems only partly offset by strong exports. 

The 20 European countries that share the euro currency are collectively expected to eke out 0.8% growth this year, twice the 2023 expansion of 0.4% but a slight downgrade from the 0.9% the IMF had forecast three months ago for 2024. The German economy, hurt by a slump in manufacturing and real estate, isn’t expected to grow at all this year. 

Worldwide inflation has been cooling — from 6.7% in 2023 to a forecast 5.8% this year and 4.3% in 2025. It’s falling even faster in the world’s wealthy countries, from 4.6% last year to a forecast 2.6% this year and 2% — the target range for most major central banks — in 2025. The progress against inflation has allowed the Fed and the European Central Bank to finally reduce rates after they had aggressively raised them to combat the post-COVID-19 inflation surge. 

But just as lower borrowing costs aid the world’s economies, the IMF warned, the need to contain enormous government deficits will likely put a brake on growth. The overall world economy is expected to grow 3.2% in both 2024 and 2025, down a tick from 3.3% last year. That’s an unimpressive standard: From 2000 through 2019, before the pandemic upended economic activity, global growth had averaged 3.8% a year. 

The IMF also continues to express concern that geopolitical tension, including antagonism between the United States and China, could make world trade less efficient. The concern is that more countries would increasingly do business with their allies instead of seeking the lowest-priced or best-made foreign goods. Still, global trade, measured by volume, is expected to grow 3.1% this year and 3.4% in 2025, improving on 2023’s anemic 0.8% increase. 

India’s economy is expected to 7% this year and 6.5% in 2025. While still strong, that pace would be down from 8.2% growth last year, a result of consumers slowing their spending after a post-pandemic boom. 

The IMF predicts that Japan’s economy, hurt by production problems in the auto industry and a slowdown in tourism, will expand by a meager 0.3% this year before accelerating to 1.1% growth in 2025. 

The United Kingdom is projected to register 1.1% growth this year, up from a dismal 0.3% in 2023, with falling interest rates helping spur stronger consumer spending.