Alarming News: U.S. Life Expectancy Declines Again, A Dismal Trend Not Seen Since World War I (Washington Post)
The shocking CDC announcement that U.S. life expectancy has declined for 3 years has added extra urgency to the inaugural Bloomberg American Health Summit, a gathering of policymakers, experts, innovators and others who will discuss the most effective public health solutions.
Mike Bloomberg tweeted: For the 1st time since WWI, life expectancy has declined over 3 years in the US – and opioids are a big reason why. The Bloomberg American Health Initiative at @JohnsHopkins is committed to reversing this trend – we cannot accept it. Read his full statement here.
Dr. Kelly Henning, who directs public health programs for Bloomberg Philanthropies, said the Bloomberg American Health Summit is all about convening big thinkers to propagate solutions to big problems like gun violence, obesity and opioid addiction. Read more here.
Trump: ‘I Dream About’ Potential 2020 Challengers (New York Post)
Trump said Mike Bloomberg has been “fighting me hard. He spent $100 million against me – that didn’t work. He spent a lot of money last night against Cindy Hyde-Smith. That didn’t work out so well,” Trump said.
Fact Check: It did work. Bloomberg’s Independence USA PAC spent $110 million on Democratic house candidates, and 21 of 24 Democratic House candidates won their races (18 of 21 winners are women). In the Mississippi Senate race, Bloomberg spent $2,700 to support Hyde-Smith’s challenger, Mike Espy.
Midterm Result: Democrats Resoundingly Nominate Nancy Pelosi as Speaker, Hakeem Jeffries Elected Chair of Democratic Caucus (New York Times)
Russia Investigation Latest: Trump’s Night-owl Calls to Roger Stone in 2016 Draw Scrutiny in Mueller Probe (Washington Post)
Surprise Court Appearance of the Day: President Trump’s Longtime Former Lawyer Michael Cohen Pleads Guilty to New Criminal Charge (New York Times)
Brexit Recession Warning: Disorderly Brexit Would See UK house Prices Fall Sharply, Economy Could Shrink by 8 Percent in a Year (Bloomberg)
Bank of England Governor Mark Carney warned the U.K. faces the steepest economic slump since at least World War II if it crashes out of the European Union without a deal, but that the Bank of England is prepared for the scenario.
A Milestone in China’s Bond Markets: Foreign institutional investors can now enter the Chinese bond market via Bloomberg terminals connected with China Foreign Exchange Trade System (CFETS) trading platforms, China’s central bank says in statement.
“This is yet another milestone in the opening up of China’s financial markets,” Peter Grauer, Chairman of Bloomberg L.P. “Global investors will be encouraged by the additional access and efficiency to trade in China’s bond market, which will drive further foreign participation. We look forward to working with CFETS and all other parties to advance China’s pace of reform and bond market development.”
Trauma Surgeon Who Survived Shooting Fights Against Gun Violence (Baltimore Sun – Hat tip : Robin Caiola)
Future Watch: Dutch Drone-Fest Provides a Glimpse Into Pilotless Future (Bloomberg)
Racing drones, flying taxis, delivery bots are all on display in Amsterdam.
Best of late night.
“I heard that Prince Harry feels imprisoned living in a royal palace. To be fair, you wouldn’t feel great either if you were 34 years old and still crashing at your grandma’s.”
— Jimmy Fallon
On the Rockefeller Center Christmas tree star:
“Actually I read that the star weighs 900lbs and features 3 million crystals. Or as guys from New Jersey call that, a pinky ring.”
— Jimmy Fallon