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The U.S. dollar is cooling off after a red-hot surge.Though it rose in the weeks following President Trump's election victory last November, the greenback has steadily fallen this year. It's now down to its lowest level since January 2015. Since January 3, the first trading day, the dollar is down 11 percent.It's down nearly 17 percent against the Mexican peso this year, a reversal of fortunes after Trump's campaign threats caused the peso to plunge. It's also down 12 percent against the euro and 7% against the pound. 541
The University of Michigan Interfraternity Council, which is student led, has suspended fraternity events because the community has not been living up to a "high standard," according to a statement from the IFC.The council notes that all social activities and new member programs are suspended while they work to make sure the programs "are in alignment with our policies and values." "We are taking time to focus on the health and safety of our members and our community, and we are committed to working with the university, our peers, alumni, and national partners to do so," the statement read.Read the full statement below: UM IFC Statement (1) by WXYZ-TV Channel 7 Detroit on Scribd 705
The Washington Post says Saudi Arabia's announcement about the death of contributing columnist Jamal Khashoggi is not an explanation at all, but a "coverup."And the Post is putting even more pressure on President Trump, the U.S. Congress and other countries to hold the Saudis accountable."The Saudis cannot be allowed to fabricate a face-saving solution to an atrocity that appears to have been directed by the highest levels of their government," Post publisher and CEO Fred Ryan said.Saturday's message from Ryan is the latest in a series of strong statements from the paper.Ever since Khashoggi was reported missing on October 2, the Post has been lobbying for information about his whereabouts and justice for his death in the Saudi consulate in Istanbul.The paper, which is owned by Amazon CEO Jeff Bezos, has put its full weight behind the Khashoggi case. 870
The White House Correspondents' Association is shelving its tradition of having a comedian roast the president and the press corps at its annual fundraising dinner.Instead, the famed author Ron Chernow will "share his lively, deeply researched perspectives on American politics and history at the 2019 White House Correspondents' Dinner," the association's president Olivier Knox said.Knox made the announcement on Monday. For several months, he had been leaning against inviting a comic, and he had been conferring with other members about the change.President Trump has snubbed the event two years in a row, and there is little reason to believe that he will attend next dinner, which is scheduled for April 27, 2019.The dinner is a key date on Washington's social calendar. But its meaning has changed amid constant attacks on the media and increasing political polarization. Booking Chernow instead of a stand-up performer is a recognition that the annual dinner changes dramatically when the president isn't there.So the association had to rethink things.Historically, Knox told CNN earlier this year, "when the president comes, the program's center of gravity naturally tilts toward the president." After he speaks and ribs the press corps, the featured comedian serves as the counter-balance. But with the president absent, the dinner has a different, more combative feel.Knox and the association's board members are trying to change that."As we celebrate the importance of a free and independent news media to the health of the republic, I look forward to hearing Ron place this unusual moment in the context of American history," Knox said in a statement on Monday.Chernow is the author of six books, including best selling titles about Alexander Hamilton and George Washington. The Hamilton biography inspired Lin-Manuel Miranda's Broadway hit musical "Hamilton," and Chernow served as a historical consultant on the production.Chernow said in a statement, "The White House Correspondents' Association has asked me to make the case for the First Amendment and I am happy to oblige. Freedom of the press is always a timely subject and this seems like the perfect moment to go back to basics. My major worry these days is that we Americans will forget who we are as a people and historians should serve as our chief custodians in preserving that rich storehouse of memory. While I have never been mistaken for a stand-up comedian, I promise that my history lesson won't be dry."Comedienne Michelle Wolf spurred debate about the dinner format when she performed at last April's dinner.Some attendees loved her set, while others cringed at some parts of it.Afterward, Trump allies claimed that the jokes proved the press corps' hatred of Trump. Trump tweeted that the dinner was "embarrassing" and the event is "dead."The correspondents' association -- which did not vet her monologue ahead of time -- expressed regret that the controversy over the jokes overshadowed the dinner's First Amendment message. 3019
The White House chief of staff says President Donald Trump has tested negative for the coronavirus ahead of Thursday night’s second and final presidential debate.Mark Meadows says Trump was tested onboard Air Force One while en route to Nashville, Tennessee, and tested negative.Biden’s campaign said Thursday that he, too, was tested Thursday and tested negative.The test comes after Trump’s bout with the virus, which put him in the hospital for three nights.Both campaigns had been required to certify that their candidates and VIP guests have tested negative ahead of the debates. But Trump and the White House have repeatedly refused to say whether Trump actually was tested before participating in the first.Trump was diagnosed with the virus two days later. 772