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Axios 10/16/2019 10:06
Private equity wasn't mentioned by Elizabeth Warren during last night's debate, even though she got more speaking time than any of the other 11 candidates. For private equity, that was the good news. The state of play: The bad news for private equity was that at least 9 of the other 11 candidates tacitly acknowledged that Warren is now the Democratic Party's frontrunner. Each of the past three presidential administrations has either brought in top PE executives, or included individuals who went on to become top PE executives. It's almost impossible to imagine that would be true of a Warren presidency, from the perspective of both supply and demand. Without a seat at the table, PE is prone to being on the table. The real test now for private.
Axios 10/16/2019 07:47
Turkish President Recep Tayyip Erdoğan Wednesday that he will not meet with Vice President Mike Pence, who is currently leading a delegation with Secretary of State Mike Pompeo to Turkey to . Why it matters: Erdoğan, who told the outlet that he will only meet with President Trump, is facing increasing international pressure over his decision to launch an offensive strike against U.S.-allied Kurdish fighters in northern Syria. Turkey's president tells he will not speak with the US Vice President about a ceasefire in Syria during his visit - adding that he will only talk to President .
Axios 10/16/2019 06:25
Republicans and Democrats familiar with the closed-door testimony in the House impeachment inquiry tell Axios that Rudy Giuliani and his Ukraine activity has been a unifying thread for the witnesses. The other side: White House sources say that they're increasingly pulling their hair out because of him. Our big takeaway: While Democrats say that everything they’ve heard so far has only helped them, nothing in the depositions so far appears to have moved any Republicans closer to impeachment. What to watch: How much longer can the committees sustain this pace?
Axios 10/16/2019 06:00
Key Democratic presidential hopefuls displayed their divisions and agreements over what to do about the power of Big Tech in a lengthy chunk of Tuesday night's debate. What they're saying: Sen. Elizabeth Warren outlined the most comprehensive antitrust-enforcement approach. "I'm not willing to give up and let a handful of monopolists dominate our economy and our democracy.
Axios 10/15/2019 23:51
12 candidates took the stage for Tuesday night's Democratic debate in Ohio, hosted by CNN and the New York Times, in a state that every winning presidential candidate has carried since 1960. The big picture: This was the first debate since Sen. Elizabeth Warren briefly overtook Joe Biden in the national RealClearPolitics , assuming an invigorated frontrunner status that was met with attacks from nearly every candidate.
Axios 10/15/2019 22:48
The top 12 Democratic presidential candidates on Tuesday are talking abortion, Big Tech, opioids and age from an Ohio stage for their fourth debate. The big picture: Eyes have been on Sen. Elizabeth Warren, Vice President Joe Biden and Sen. Bernie Sanders for various reasons: Biden, coming to his son defense regarding Ukraine; , carrying a target on her back as the lead candidate and Sanders on his energy level as he . Warren has become the frontrunner since September's debate in Houston and is taking the heat from many of the candidates on stage. Still, Sen. Cory Booker (D-N.J.) rejected the sparring, saying "tearing each other down because we have a different plan to me is unacceptable.
Axios 10/15/2019 21:25
The top 12 Democratic presidential candidates on Tuesday are talking impeachment, health care, jobs, Syria and wealth disparities from an Ohio stage for their fourth debate. The big picture: Eyes have been on Sen. Elizabeth Warren, Vice President Joe Biden and Sen. Bernie Sanders for various reasons: Biden, coming to his son defense regarding Ukraine; , carrying a target on her back as the lead candidate and Sanders on his energy level as he . Warren has become the frontrunner since September's debate in Houston and is taking the heat from many of the candidates on stage. Still, Sen. Cory Booker (D-N.J.) rejected the sparring, saying "tearing each other down because we have a different plan to me is unacceptable.
Axios 10/15/2019 20:26
The top 12 Democratic presidential candidates take the stage in Ohio Tuesday night for the fourth debate. The big picture: Eyes have been on Sen. Elizabeth Warren, Vice President Joe Biden and Sen. Bernie Sanders for various reasons: Biden, coming to his son defense regarding Ukraine; , carrying a target on her back as the lead candidate and Sanders on his energy level as he . Impeachment. All candidates support an impeachment inquiry on President Trump for asking Ukraine's president to investigate one of the Democratic presidential frontrunners, Joe Biden. What they’re saying:. Warren has continuously backed impeachment after the Mueller report was released.
Axios 10/15/2019 17:41
As the U.S. carries out a sudden, near-total withdrawal from Syria, Russia is rushing into the breach. Why it matters: The hasty U.S. exit from Syria makes it certain the outcome there will bear Vladimir Putin’s imprint. Russia entered Syria in 2015 to help dictator Bashar al-Assad regain his grip on the country, and Russia has steadily gained influence in the wider Middle East. Driving the news: Facing a Turkish offensive and abandoned by their American allies, Kurdish forces moved quickly to cut a deal with Assad and his patron, Putin. But the arrival of Syrian troops in northeast Syria set up a potential collision with Turkey. "This would simply be unacceptable,” Alexander Lavrentyev, Russia’s envoy for Syria, said today. “And therefore
Axios 10/15/2019 17:25
WESTERVILLE, Ohio — Mayor Pete Buttigieg has gone from playing the adult in the room to starting the food fight, calling out Beto O'Rourke, Elizabeth Warren and Bernie Sanders by name this week. Why it matters: Conversations with various campaign aides suggest he won't be the only one throwing punches tonight at the fourth Democratic debate here. The big picture: There are 12 candidates on stage tonight, and the field needs to winnow for voters' sake.
Axios 10/15/2019 17:06
A Turkish bank known as Halkbank has been charged in a 6-count indictment for "fraud, money laundering, and sanctions offenses related to the bank’s participation in a multibillion-dollar scheme to evade U.S. sanctions on Iran," federal prosecutors in New York announced on Tuesday. Why it matters: last week that in 2017, President Trump pressed former Secretary of State Rex Tillerson to help convince the Justice Department to drop a criminal case against an Iranian-Turkish gold trader named Reza Zarrab — a client of Rudy Giuliani's whose case was a high priority for Turkish President Recep Tayyip Erdoğan.
Axios 10/15/2019 15:51
Reproduced from ; Note: Other passenger cars refers to internal combustion passenger cars excluding SUVs; Chart: Axios Visuals. A new International Energy Agency analysis looks at carbon emissions from the global growth in SUV sales and calls it "nothing short of surprising.".
Axios 10/15/2019 14:53
President Trump's personal attorney Rudy Giuliani told Tuesday that he will not comply with from the House committees investigating Ukraine. The big picture: The subpoena asked for documents related to allegations that Giuliani and members of the Trump administration, including the president himself, led a campaign to pressure the Ukrainian government to investigate Joe Biden.
Axios 10/15/2019 14:21
In January 2018, coming off of a year in which global growth rose to near 4%, then-IMF managing director Christine Lagarde said the global economy was experiencing "the broadest synchronized global growth upsurge since 2010" and that ".". The latest: On Tuesday, the IMF said it expects global growth to slow to the weakest pace since the 2008 global financial crisis, noting the decline would be a significant drop from its 2017-18 levels. It was the third time this year the organization has cut its growth projections and the fourth time since 2018, when the Fund anticipated 3.9% growth this year. What we're hearing: "With uncertainty about prospects for several of these countries, a projected slowdown in China and the United States, and promin.
Axios 10/15/2019 11:12
Photo: Screenshot via YouTube. Google unveiled its Pixel 4 smartphone and other new Made By Google hardware at an event Tuesday morning in New York City. Other products included a cheaper Pixelbook, more capable mesh Wi-Fi system and a preview of new Google Buds earbuds coming next year. Why it matters : Google intends for the Pixel to directly compete with Apple's iPhone and, while past versions have received positive reviews, it remains a relatively minor player in the smartphone market. The big picture: The has a range of new cameras and sensors, including the first radar sensor in a camera, as well as new software features. Radar powers gesture controls, but also speeds up face unlock and can power down a phone when you aren't nearby. A
Axios 10/15/2019 11:04
The International Monetary Fund is now the biggest slowdown in global economic growth since the 2008 financial crisis in its third revision of its 2019 forecast, blaming barriers in trade and a rise in global political tensions. The big picture: A sharper-than-expected slowdown in international trade has affected manufacturing and investments, according to the organization's World Economic Outlook. IMF chief economist Gita Gopinath said the organization estimates that trade tensions between the U.S. and China will cumulatively reduce the level of global GDP by 0.8% by 2020. Conversely, if all tariffs put in place in 2018 and 2019 were removed, it would boost global GDP by 0.8% — bringing expectations for growth to 4.2%. By the numbers: The

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