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  • Scarlett Johansson praises Angelina Jolie's Marvel role

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  • Trump Nears Moment of Truth to Address ‘Send Her Back’ Chants

    (Bloomberg) -- At a political rally sometime in the coming weeks, Donald Trump will almost certainly be met again with a chant rising from an auditorium packed with boisterous supporters: “Send her back!”In that moment Trump will have to choose a course. He could turn to the crowd and deliver an unambiguous condemnation, telling his supporters that they shouldn’t persist with a slogan -- directed at a Somali-born U.S. representative from Minnesota -- that many critics called racist. Or, Trump could pause, as he did during a rally in Greenville, North Carolina, last week, and let the chant build in volume, perhaps offering only a winking condemnation that frees his fans to make it the 2020 version of “Lock Her Up.”It’ll be an early test of the president’s willingness to tolerate the more extreme elements of his base as he ramps up his bid for a second term. Last week, faced with bipartisan backlash, Trump first tried to distance himself from -- then later signaled support for -- a rallying cry that even some loyal backers said risked crossing the line into racism.Trump’s next rally is expected to be in Cincinnati later this month, about the time the 2020 Democratic candidates hold their second round of debates. That could briefly take the spotlight off a president who likes his tweets to soar like rocket ships.If the past is prologue, Trump may again recoil at suggestions that he admit fault. He’s also someone who sees politically correct outrage, particularly on issues of race, as a dividing line between the timid establishment and the masses who propelled him to the White House.Already on Friday, Trump seemed disinclined to entertain questions of why he objected to the chant, which echoed a Twitter attack he penned more than a week ago against Somali-born Representative Ilhan Omar and three other minority congresswomen.When a reporter in the Oval Office sought to ask whether Trump, who’d just a day earlier said he was “unhappy” with the chant, also regretted his tweets, the president interrupted.“Do you know what I’m unhappy with?” Trump said. “I’m unhappy with the fact that a congresswoman can hate our country. I’m unhappy with the fact that a congresswoman can say anti-Semitic things.”Omar has been previously accused of employing anti-Semitic tropes as she criticized U.S. support for Israel, and administration officials looking to sidestep questions about the president’s words have focused on those comments. They’ve also faulted another of the four minority lawmakers, Alexandria Ocasio-Cortez, over her description of detention facilities on the southern border as “concentration camps.”‘Might’ Speak Out“It minimizes the death of six million of my Jewish brothers and sisters, it minimizes their suffering, and it paints every patriotic law enforcement officer as a war criminal,” senior Trump adviser Stephen Miller told Fox News on Sunday. “And those are the comments that we need to be focusing on.”Other top officials couldn’t say beyond a doubt whether Trump would intervene if a similar chant broke out at another event.“If it happened again he -- he might -- he might make an effort to speak out about it,” Vice President Mike Pence said in an interview with CBS that aired on Sunday.The president has run this playbook before. In July 2016, Trump said he “didn’t like it” when a group of speech attendees began chanting “Lock her up!” in reference to Democratic presidential candidate Hillary Clinton. “I think it’s a shame that they said it,” Trump said during a press conference in Florida.Theatrical PauseBut “Lock her up!” became a staple of the future president’s campaign events, with Trump often pausing theatrically whenever he mentioned Clinton’s name to allow the chant to begin, and to build in volume. Trump himself went on to suggest imprisoning Clinton during one of the nationally televised presidential debates.In that vein, Trump may go on to contend that he’s less offended by the chant about Omar than by things he’s heard freshman Democrats or others say about his White House, the nation, or allies like Israel. The president’s aides were out in force on Sunday drawing a distinction between Trump’s previous criticisms of the U.S. -- done “out of love,” according to Miller -- and those by people like Omar and Ocasio-Cortez.Different RecollectionTrump showed little patience for sticking to a condemnation in the aftermath of the violence in Charlottesville in 2017. The president’s original response to the white nationalist march in the Virginia college town was widely panned for only criticizing hatred, bigotry and violence “on many sides.”The president relented to pressure two days later at the White House, declaring that “racism is evil” and singling out “the K.K.K., neo-Nazis, white supremacists and other hate groups” as “repugnant.”But as reporters continued to press the president in the following days, Trump turned defensive again and blamed individuals on “both sides” for the violence that left a counter-protester dead at the hands of a man with neo-Nazi beliefs.Top Republicans and some members of the president’s Cabinet publicly criticized his handling of the episode. By earlier this year, though, Trump had a different recollection: he said he “answered perfectly” in his remarks about the racially charged clash.Trump has adopted a similar pattern with other major controversies. His acceptance of Russian President Vladimir Putin’s denial of interference in the 2016 presidential election during a summit in Helsinki last year sparked a firestorm, with even commentators on the normally supportive Fox News network seemingly aghast.No Middle GroundTrump eventually issued statements insisting that he’d misspoken, and that he retained confidence in the U.S. intelligence community, which had determined that Russia sought to interfere. In the following days, though, Trump tweeted that “many people at the higher ends of intelligence loved my press conference performance” and dismissed critics as “haters.”In the end, the president may simply be banking on his belief that he’ll win more support by appearing unbending to criticism than by seeking a middle ground.A USA Today-Ipsos poll found that a majority of Republicans supported Trump’s attacks on the four first-term, liberal congresswomen who call themselves the “Squad” -- Omar, Ocasio-Cortez, Ayanna Pressley of Massachusetts and Rashida Tlaib of Michigan. But the survey showed that 68% of Americans who were aware of the controversy said his tweets about the lawmakers were inappropriate.Separately, a survey from the Economist showed that members of the group were more unpopular among Republican voters than any of the Democratic presidential candidates, with Ocasio-Cortez disliked by three-quarters of those who cast a ballot for Trump in 2016.Trump has repeatedly criticized the “Squad” in recent days. On Monday he called them racist.For the president, elevating the far-left congresswomen in stature to the point that attendees at his political rallies are familiar with their every action might be worth the accusation of racism, even though it may further alienate those outside his base.That calculus appeared to be on the president’s mind during a long weekend at his golf club in New Jersey, as he weighed in to praise those who attended the contentious rally in North Carolina.“I did nothing to lead people on, nor was I particularly happy with their chant,” Trump wrote, retweeting a post by Katie Hopkins, an English media personality known for her anti-Islamic views. “Just a very big and patriotic crowd. They love the USA!”Trump has a model in the Republican Party for framing disagreements with opposition candidates in terms of policy, not personality or race -- his long-time nemesis Senator John McCain.Many recalled how McCain, running for the White House against Barack Obama in 2008, corrected a woman during a town hall meeting in Minnesota who said she couldn’t “trust” Obama, whom she called “an Arab.”“No, ma’am,” McCain replied. “He’s a decent family man, citizen, that I just happen to have disagreements with on fundamental issues.”(Updates with Trump tweet in 25th paragraph)To contact the reporter on this story: Justin Sink in Washington at jsink1@bloomberg.netTo contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Ros Krasny, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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  • Millions of Barrels of Iranian Oil Are Piled Up in China’s Ports

    (Bloomberg) -- Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.Two and a half months after the White House banned the purchase of Iran’s oil, the nation’s crude is continuing to be sent to China where it’s being put into what’s known as “bonded storage,” say people familiar with operations at several Chinese ports. This supply doesn’t cross local customs or show up in the nation’s import data, and isn’t necessarily in breach of sanctions. While it remains out of circulation for now, its presence is looming over the market.The store of oil has the potential to push down global prices if Chinese refiners decide to draw on it, even as the Organization of Petroleum Exporting Countries and allies curb production as growth slows in major economies. It also allows Iran to keep pumping and move oil nearer to potential buyers.“Iranian oil shipments have been flowing into Chinese bonded storage for some months now, and continue to do so despite increased scrutiny,” said Rachel Yew, an analyst at industry consultant FGE in Singapore. “We can see why the producer would want to do so, as a build-up of supplies near key buyers is clearly beneficial for a seller, especially if sanctions are eased at some point.”See also: Iranian Oil Tanker Daniel Enters Chinese Port: Ship TrackingThere could be more of the Persian Gulf state’s oil headed for China’s bonded storage tanks, Bloomberg tanker-tracking data show. At least ten very large crude carriers and two smaller vessels owned by the state-run National Iranian Oil Co. and its shipping arm are currently sailing toward the Asian nation or idling off its coast. They have a combined carrying capacity of over 20 million barrels.The bulk of Iranian oil in China’s bonded tanks is still owned by Tehran and therefore not in breach of sanctions, according to the people. The oil hasn’t crossed Chinese customs so it’s theoretically in transit.Some of the crude, though, is owned by Chinese entities that may have received it as part of oil-for-investment schemes. For example, one of the Asian nation’s companies could have helped fund a production project in Iran under an agreement to be repaid in kind. Whether this sort of transaction is in breach of sanctions isn’t clear, and so the firms are keeping it in bonded storage to avoid the official scrutiny it would if it’s registered with customs, according to the people.Nobody replied to a faxed inquiry to China’s General Administration of Customs.Lack of ClarityThe build-up of Iranian oil in Chinese bonded storage has yet to be clearly addressed by Washington. The White House ended waivers allowing some countries to keep importing Iranian oil on May 2.There are currently no exemptions issued to any country for the import of Iranian oil, and any nation seen importing cargoes from the Persian Gulf producer will be in breach of sanctions, according to a senior Trump administration official, who asked not to be identified because he wasn’t authorized to speak publicly about the matter.“The U.S. will now need to define how it quantifies the infringement of sanctions,” said Michal Meidan, director of the China Energy Programme at the Oxford Institute for Energy Studies. There’s a lack of clarity on whether it would look at “financial transactions or the loading and discharge of cargoes by company or entity,” she said.See also: China Buying Iran LPG Despite Sanctions, Ship-Tracking ShowsChina received about 12 million tons of Iranian crude from January through May, according to ship-tracking data, versus about 10 million that cleared customs over the period. The discrepancy could be due to the flow of oil into bonded storage. China will release June trade data that will include a country-by-country breakdown of oil imports in the coming days.One of the Iranian tankers that appears to have loaded oil after the U.S. waivers ended is VLCC Horse. It discharged at Tianjin in early-July after sailing from the Middle East, where shipping data showed it signaling its destination as Iran’s Kharg Island on May 4.Several other Iran-owned tankers offloaded in China or were heading there, according to ship tracking data. VLCC Stream discharged at Tianjin on June 19, while Amber, Salina and C. Infinity offloaded crude at the ports of Huangdao, Jinzhou and Ningbo. Snow, Sevin and Maria III were last seen sailing in the direction of China.Putting crude into bonded tanks in China also means Iran can avoid having to tie up part of its tanker fleet by storing the oil at sea for months at a time. The Islamic Republic used floating storage in 2012 to 2016 and again in 2018 as buyers shunned its crude due to U.S.-imposed trade restrictions.Should the Iranian crude leave bonded storage and end up in the market, it could pressure oil prices, according to Bank of America Merrill Lynch. West Texas Intermediate plunged more than 20% from late April to mid-June as the U.S.-China trade war intensified. It’s since recovered some of those losses, partly as a result of the rising tension between Washington and Tehran, and is trading near $57 a barrel.“A further escalation in U.S. tariffs on Chinese goods could jointly drive global economic growth a lot lower and encourage Iran-China cooperation,” Bank of America Merrill Lynch said in a June note. “If Chinese refiners start to purchase Iran oil in large volumes on a sustained basis as U.S. tariffs rise again, WTI could drop to $40 a barrel.”(Updates with mention of June trade data in 12th paragraph.)\--With assistance from Nick Wadhams.To contact Bloomberg News staff for this story: Serene Cheong in Singapore at scheong20@bloomberg.net;Sarah Chen in Beijing at schen514@bloomberg.net;Alfred Cang in Singapore at acang@bloomberg.netTo contact the editors responsible for this story: Serene Cheong at scheong20@bloomberg.net, Andrew JanesFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.