Wednesday, February 20

ByKevin Sheekey

Annual State of Russia Speech: Vladimir Putin Says Russia to Target U.S. If Missiles Put in Europe (Bloomberg)
Putin blamed the U.S. for pulling out of Cold War INF treaty while focusing his annual speech on boosting living standards.

Hot on the Bloomberg:
-Deutsche Bank Weighed Restructuring Trump Loans on Default Risk While in Office (Bloomberg)
-UBS Ordered to Pay Record $5.1 Billion in French Tax Trial (Bloomberg)

Brexit Countdown:
-British Banks Are Getting a Last-Minute Lift From EU Nations (Bloomberg)
Germany, the Netherlands, France, Italy and Sweden are readying national legislation that would help bankers continue to service the 18 trillion pounds ($23.4 trillion) of derivatives contracts that could be disrupted if the U.K. leaves the EU without an agreement. The Dutch legislation may even enable brokers and high-speed traders to conduct new business from London, for a while.

-Theresa May Suffers First Brexit Defections as Three High-Profile Pro-EU Conservatives Quit Party (Bloomberg)

Climate Today: White House Readies Panel to Question if Climate Change Poses a National Security Threat (Washington Post)

Earlier: U.S. Director of National Intelligence Warns Congress that Climate Change Could Cause “Upheaval” This Year, Contradicting White House Line on Climate Change (Vox)
Dan Coats said worsening air pollution is causing unrest in countries like India, water scarcity is driving tensions between nations, and ecosystems threatened by rising temperatures could jeopardize “critical human systems.”

Poll: 61% of Americans Disapprove Of Trump’s Declaration Of A National Emergency on U.S.-Mexico Border While 36% Support It (NPR/PBS NewsHour/Marist)

Mike Bloomberg tweeted: “Building a wall won’t solve our real challenges: Fighting climate change, Ending senseless gun violence, Creating jobs, Making health care more affordable, Stopping the opioid crisis, Improving public schools & making college more affordable, and Investing in infrastructure.”

Trade Talks Update: U.S. Push for Stable Yuan May Unwind China’s Move Toward Markets (Bloomberg)

If You Have to Ask….: Japan Nominated Trump for Nobel Peace Prize after White House Asked – Asahi Shimbun Reports (NBC News)

Donald Debt: U.S. Debt Hits Record Under Trump, Republicans Mum (Agence France Presse)

Tech Watch: Apple to Target Combining iPhone, iPad and Mac Apps by 2021 (Bloomberg)

Record Speed From Los Angeles to London: Virgin Atlantic Flight Breaks Speed of Sound – Boeing 787 Reaches Whopping 801 MPH Over Pennsylvania in Fast Jet Stream (Washington Post)


Best of late night.

“Representative Alexandria Ocasio-Cortez last week compared President Trump’s border wall to the Berlin Wall. Hey, come on, it’s nothing like that. That wall got built.”
— Seth Meyers

“Tomorrow, President Trump is meeting with the chancellor of Austria — yeah — which could only mean that we’re two days away from having to apologize to the people of Australia.”
— Jimmy Fallon

“According to a new study, 25% of millennials would go to jail for a week if it meant they could own their dream home. Said millennials: ‘Free meals and only 1 roommate? That IS my dream home!”
–Seth Meyers

For more best of late night from the New York Times, click here.