Good Morning, It’s Friday, 5 May 2017 and this is the Morning Edition of The Nightshift: the world’s overnight news feed.
The Trump administration scored its’ first big administrative win when it managed to pass in the House of Representatives a highly revised version of Trumpcare, it’s proposed medical insurance replacement for the ACA (Affordable Care Act or “Obamacare”). This passage in the House does not make the bill law–it has to pass the Senate next. There are a lot of legislative steps left before Trumpcare becomes the law of the land but the controversy around this administrative initiative is already building. Nothing is without drama in Washington these days.
Middle America is suffering from the remnants of a massive storm system that moved through dropping rain, raising rivers to flood levels, and washing out roads. The difficult weather is expected to remain through the weekend–even Churchhill Downs, the home of tomorrow’s classic horse race, The Kentucky Derby, is currently experiencing serious rainfall.
North Korea has accused the United States and South Korea of plotting to assassinate its streaky leader, Kim Jung Un. Like previous assertions, there is no evidence of such a plot.
Italian auto manufacturer Ferrari has posted a superb adjusted earnings margin of 29.5 percent; the surge is due primarily to increased demand for Ferrari’s trademark 12 cylinder automobiles, in particular the $2.1 million La Ferrari Aperta. The Aperta is a collector car, sold only to Ferrari’s top clients and is a convertible version of the La Ferrari collector car. Sales of the company’s product base–the 8 cylinder Ferrari models–are down 3%. The company has ambitions to grow annual output from approximately 7,000 units a year to 10,000 units a year.
Puerto Rico has declared bankruptcy. The U.S. Territory is facing $79 billion in debt and $49 billion in pension commitments. That’s a lot of money and Puerto Rico doesn’t have it. There will be very difficult long-term choices ahead for Puerto Rico and the U.S.
Now more than ever, catch up on the news in the rest of the world by reading the front pages of the World’s Greatest newspapers.
Don’t forget that both Politico.com and Bloomberg.com have been added to our go-to news resources.
The International Headlines are all at your fingertips. Have a great week.
The Times (London
Financial Times (UK)
The Irish Times (Dublin, Ireland)
The Wall Street Journal (European edition)
Washington Post (Washington, D.C.)
New York Times (New York)
The Los Angeles Times (Los Angeles)
Daily News Egypt (Cairo)
South China Morning Post (Hong Kong)
The Moscow Times (Moscow)
Le Figaro (Paris)
Bloomberg.com (New York)
The Jerusalem Post (Jerusalem)
The Japanese Times (Tokyo)
The Buenas Aires Herald (Buenas Aires)
The Sidney Morning Herald (Sidney)
Deadline Hollywood (Hollywood)
FiveThirtyEight (New York City)
Politico (Washington, DC)
The Fine Print: Embed courtesy of our friends at Getty Images, who have the photographic history of the 20th and 21st century on file. They remain the internet’s go-to source for photos. This visual has not been altered in any way. We thank them for sharing. The Nightshift is a production of Perception Engineering and The Media Bunker. This post is number 1094 for this site. Thanks for reading. Now–catch up on the world.