Trump’s ‘Big Favor’; Terror Ruled Out in Munich: Saturday Wrap

  • Bank of Japan’s Kuroda hints at more stimulus to come
  • Clinton introduces Kaine as running mate and anti-Trump

Here are highlights of Saturday’s top breaking stories from around the world:

Republican presidential nominee Donald Trump plans to fund a super PAC dedicated to ruining two of his defeated rivals, Ohio Governor John Kasich and Texas Senator Ted Cruz, if they ever run for office again. A spokesman for Kasich had a one-word response: LOL. Meanwhile, Trump, in his first post-convention interview, said that his oddly timed entrance into the Republican National Convention hall during Cruz’s much-maligned speech on Wednesday did Cruz a “big favor” and that the audience would otherwise have “ripped him off the stage.”

Hillary Clinton formally introduced Virginia Senator Tim Kaine as her vice presidential running mate in a conspicuously sunny message and setting, as Trump continued his pitch to disgruntled Bernie Sanders backers who distrust Kaine because of his support of trade deals and easing bank regulation.

Bank of Japan Governor Haruhiko Kuroda reiterated at the G-20 meeting in China that the BOJ could boost monetary stimulus in the coming week -- as economists expect -- and he doubled down on comments from an earlier BBC interview about not allowing so-called helicopter money.

German Finance Minister Wolfgang Schaeuble said he’s pressing to make financial-transaction taxes a global issue, after the idea was rebuffed in much of the European Union.

There weren’t multiple shooters. It wasn’t an act of terrorism. There’s no evidence the lone gunman was radicalized. Rather, the young man who killed nine people in Munich appears to have been what the state prosecutor in Bavaria termed “a classic shooting-spree assailant.”

The Hershey Trust, which owns 81 percent of the chocolate maker and thus is the key decider of whether the company gives in to Mondelez International Inc.’s takeover offer, reached a tentative agreement on governance reforms with Pennsylvania officials.

Continuing its post-uprising crackdown, the Turkish government decreed it will close and seize assets of organizations said to be tied to U.S.-based cleric Fethullah Gulen, whom it blames for instigating the attempted military coup. 

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