Trump’s Sex Talk Appalls; Twitter Talks Near End: Saturday Wrapby
Kuroda says Bank of Japan still has room to add stimulus
U.S. eases some Iran sanctions to allow dollar transactions
Here are highlights of Saturday’s top breaking stories from around the world:
Who’d have thought that of all the Bushes trying to take down Donald Trump during this U.S. presidential campaign, that the one closest to doing it might be be non-politician Billy? So it was as footage of fraternity-house banter between Trump and the Hollywood entertainment-TV host surfaced, banter sufficiently vulgar that numerous Republicans withdrew their support for Trump, his own wife denounced him and Trump issued a rare apology -- albeit qualified. Trump said there’s no chance he will drop out of the race even as some donors looked for a way to force him out -- which there probably isn’t a month before the election.
Leaks of the Trump footage overtook the latest Hillary Clinton disclosures from a WikiLeaks dump of hacked e-mails, this one an exchange involving her campaign chairman that discussed comments Clinton made in paid speeches to Wall Street bankers supporting open trade and borders.
Twitter’s efforts to sell itself appear close to collapse after Salesforce, under pressure from some of its biggest investors, was said to be backing away. Google already had.
Bank of Japan Governor Haruhiko Kuroda, in an exclusive interview with Bloomberg Television, said the central bank still has room to increase stimulus and won’t reduce bond buying anytime soon. He held out the possibility of taking the target rate of the 10-year government bond below zero.
In a communique from the International Monetary Fund’s fall meeting in Washington, the fund’s top advisory panel warned of the dangers of a populist backlash against trade and global investment.
European Central Bank President Mario Draghi sees inflation in the euro area returning to the bank’s target by early 2019 at the latest.
Hurricane Matthew finally sloshed ashore near Myrtle Beach, South Carolina, as a Category 1 storm that packed plenty of water if somewhat less punch than when it devastated Haiti. More than 1 million people in the U.S. are without power.
U.K. Prime Minister Theresa May’s cabinet is split over a proposal that would force companies to produce lists of their foreign employees -- -- just days after a speech designed to unite her party behind Brexit.
The U.S. eased some sanctions related to Iran, saying non-U.S. people and companies can conduct dollar-denominated transactions with Iranian entities as long as those companies aren’t under sanctions and the dollars don’t enter the U.S. financial system. These deals would be allowed even if the Iranian companies were partly owned or controlled by people on the sanctions list.