Michael Bloomberg launches presidential bid
Billionaire and former New York City Mayor Michael Bloomberg, one of the world’s richest men, has formally launched a Democratic bid for president.
Ending weeks of speculation, the 77-year-old former Republican announced his candidacy Sunday in a written statement posted on a campaign website describing himself as uniquely positioned to defeat President Donald Trump. He will quickly follow with a massive advertising campaign blanketing airways in key primary states across the U.S.
“I’m running for president to defeat Donald Trump and rebuild America,” Bloomberg wrote.
“We cannot afford four more years of President Trump’s reckless and unethical actions,” he continued. “He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage.”
Bloomberg’s entrance comes just 10 weeks before primary voting begins, an unorthodox move that reflects anxiety within the Democratic Party about the strength of its current candidates.
Pro-democracy camp may win big in Hong Kong vote
The pro-democracy opposition appears to have swept to a resounding victory in Hong Kong elections, as a record turnout dealt a clear rebuke to city leader Carrie Lam and her handling of violent protests that have divided the Chinese territory.
Some votes were still being counted Monday morning, but Hong Kong media tallied that the pro-democracy camp had won a commanding majority in the vote for 452 district council seats.
The result could force the central government in Beijing to rethink how to handle the unrest, which is now in its sixth month. The district councils have little power, but the vote became a referendum on public support for the protests.