Edition Wednesday, October 10, 2018 | International Bali Post

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I N T E R N A T I O N A L

16 Pages Number 208 10th year

I N T E R N A T I O N A L

Price: Rp 3.000,-

Wednesday, October 10, 2018

GIUSEPPE CACACE / AFP

‘Bad Blood’: Trump sours on Taylor Swift after Dem endorsement

Legendary Arab poet Antara rises as comic book superhero

The “Bad Blood” singer backed Phil Bredesen on Sunday for the upper house in her home state, and unleashed a fierce attack on his opponent, Republican Marsha Blackburn, who currently serves in the House. The president was asked for his reaction to the snub and told reporters at the White House he was “sure Taylor Swift doesn’t know anything” about Blackburn. “Let’s say that I like Taylor ’s music about 25 percent less now, okay?” Trump added, flashing what could best be de-

says. “Arabs like the exaggerated personality traits of heroes, and we thought why not transform Antara into a superhero like those you see in the US, Europe, Japan.” “Antara” is the first comic strip to be published by Kalimat, a publishing house based in the UAE emirate of Sharjah which specialises in Arabic translations of Japanese manga and US cartoonist Nick Seluk’s series, “The Awkward Yeti” and “Heart and Brain”. The story weaves a tale of bravery, slavery, freedom, loyalty and love -- and co-stars his beloved Abla, daughter of a tribal sheikh and object of Antara’s undying affection. (afp)

scribed as a cheeky grin. Trump, it should be noted, has form going back years as something of a Swifty. “Glad to hear that @taylorswift13 will be co-hosting the Grammy nominations special on 12.5. Taylor is terrific!” he tweeted breathlessly in October 2012. In August of that year, addressing her directly, he swooned: “Thanks for the beautiful picture--- you are fantastic!” The singer tends to stay above the political fray, but told her 112 million Instagram followers on Sunday she felt she needed to speak out ahead of the midterm elections in November. “As much as I have in the past and would like to continue voting for women in office, I cannot support Marsha Blackburn. Her voting record in Congress appalls and terrifies me,” the 28-year-old said. (afp)

Taylor Swift

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Wednesday, October 10, 2018

WASHINGTON - US President Donald Trump said Monday he liked pop superstar Taylor Swift’s music “about 25 percent less” after her endorsement of the Democrat in Tennessee’s Senate race.

Comic artist Mumen Hilmi poses in his office with his illustrated comic book “Antara” in the Gulf emirate of Sharjah on September 18, 2018.

SHARJAH - In a red cape, dark hair blowing in the wind, he crosses the dunes under a blazing sun: Antara, the famed 6th century Arab poet born a slave, is now a superhero. A pre-Islamic poet, Antara is celebrated in the collective memory of Arabs as well as in pop culture -- a child born to a tribal leader and his Abyssinian slave who rose as a warrior-poet to free himself and demand his father recognise him as his son, and a free man. Now, he stars in his own comic strip, reimagined as a shield-wielding, cape-wearing superhero by Egyptian writer Mumen Hilmi and renowned Indian illustrator Ashraf Ghuri. The story of Antara breaks across the class and race lines that frequently dominate society, the “perfect example of what it means to be a superhero,” writer Hilmi

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Stephen Jaffe / INTERNATIONAL MONETARY FUND / AFP

This handout photo taken and released by the International Monetary Fund (IMF) on October 9, 2018 shows International Monetary Fund Economic Counsellor Maurice Obstfeld (C), deputy director Gian Maria Milesi-Ferretti (L) and communications officer Wafa Amr (R) arriving for the World Economic Outlook press conference during the 2018 IMF/World Bank annual meetings in Nusa Dua on the Indonesian resort island of Bali.

The trade war will hit US and Chinese growth next year, the IMF warns

Bali - The trade war is set to take its toll on the American and Chinese economies in 2019. The International Monetary Fund on Tuesday cut its growth forecasts for the United States and China, citing the recent waves of tariffs the world’s top two economies have imposed on each other. The more pessimistic forecast comes as the clash between Washington and Beijing threatens to keep escalating and cause damage in other countries. “When you have the world’s two largest economies at odds, that’s a situation where everyone suffers,” Maurice Obstfeld, the IMF’s chief economist, said at a media briefing about the fund’s latest World Economic Outlook. Despite healthy momentum in the United States, which received a boost from recent tax cuts, IMF economists now expect growth to slow to 2.5% next year from 2.9% this year. They cut the 2019 forecast by 0.2 percentage points

because of the trade conflict. The Trump administration has slapped tariffs this year on roughly half of the products that China sells to the United States annually. President Donald Trump has threatened to expand the tariffs to cover all US imports from China. Beijing has responded with tariffs on American goods worth more than $110 billion. The tit-for-tat is set to take a bite out of Beijing’s economic growth next year, too. China’s growth is now expected to drop to 6.2%, from 6.6% this year, according to the IMF. The new 2019 forecast is 0.2 percentage points lower than the fund’s previ-

ous forecast, reflecting the waves of new tariffs that have taken effect since then. The impact of the US-China trade conflict is likely to be felt beyond the two economic superpowers. While global growth should remain strong next year, the IMF says the prospects are notably “less bright” than when it reviewed them in April. The fund now projects economic growth to be steady but slightly lower in 2019 because of higher interest rates and trade barriers. It cut the global forecast 0.2 percentage points to 3.7%, and predicted a downward trend over the next few years.

“The impacts of trade policy and uncertainty are becoming evident at the macroeconomic level, while anecdotal evidence accumulates on the resulting harm to companies,” the IMF said. There’s plenty of scope for further damage if Trump follows through on his threats of further measures and China retaliates. “An intensification of trade tensions, and the associated rise in policy uncertainty, could dent business and financial market sentiment, trigger financial market volatility, and slow investment and trade,” the IMF said. At the briefing, Obstfeld said that “close to a percentage point” could be shaved off of global growth if the trade rift continues. “The possibility that China and US resolve their disagreements

would be a significant upside to the forecast,” he added. The fading effects of the tax cuts and other US stimulus measures will “subtract momentum” starting in 2020, the IMF warned. That’s why the IMF is urging governments to act now as the “window of opportunity” narrows to enact reforms like dealing with the ballooning budget deficit in the United States and the low level of public investment in Germany. (afp) News can also be heard in “Bali Image” at Global Radio FM 96.5 from 9.30 until 10.00 am. Listen to Global Radio FM at http:// globalfmbali.listen2myradio.com or live video streaming at http:// radioglobalfmbali.com and http:// ustream.tv/channel/global-fm-bali.


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