woes

WASHINGTON — The paint is peeling from the Lincoln Memorial Reflecting Pool after the renovation ordered by President Trump, and he is now alleging, without substantiation, that someone damaged it intentionally.

“We’ve had some real problems with Vandalism at the beautiful Reflecting Pool,” he posted on his social media site Friday night. “Just like three days ago, they destroyed the grass outside of the Pool, they’ve also done everything possible to hurt the inside surface that was just installed.” He offered no details to substantiate his claim.

Agencies responsible for law enforcement and upkeep on the National Mall — the U.S. Park Police, National Park Service and Department of the Interior — did not immediately respond to requests for comment.

The Washington Post reported that Park Police officers arrested someone Friday who they said was peeling paint from the pool, an act that would not explain the clouds of algae in green water and swaths of loose blue paint detached from the bottom.

Trump insisted something nefarious was going on. “No different than the chemicals that were used on the National Mall, they used something similar in the Reflecting Pool to try to destroy and demean our beautiful work,” he posted.

That was a reference to the discovery of large numbers etched in discolored grass on the National Mall the week before: “86 47,” apparently advocating to “86” — get rid of, in restaurant lingo — the 47th president.

Authorities claimed the numbers may be a threat against Trump, and they are investigating. Trump’s Department of Justice has tried — unsuccessfully so far — to prosecute Trump foe and former FBI Director James B. Comey for posting a photo of seashells arranged in the numerals “86 47.”

Trump’s claims of vandalism came after days of negative attention to the state of the Reflecting Pool, which has raised concerns about the no-bid contract of more than $14 million to refurbish. The president has said the pool rehab was needed as the nation’s 250th anniversary celebrations ramp up.

The pool was swiftly beset by an algae bloom that returned its waters to the greenish color that Trump had tried to replace by having the bottom painted “American flag blue.”

Federal workers treated the pool with hydrogen peroxide to kill the algae. Now, chunks of the blue paint are gone, exposing its rocky bottom.

WASHINGTON — As Bill Clinton struggles with his draft history and President Bush his tax promises, they might look back wistfully at something that happened 40 years ago last week. Richard M. Nixon, in much worse trouble, talked his way out with a single TV appearance that became famous as the “Checkers” speech.

On Sept. 23, 1952, the newly minted vice presidential candidate of the Republican Party faced allegations that threatened to force him off the ballot and end his political career–the disclosure of an $18,000 fund set up for him by rich businessmen.

Nixon, a first-term senator from California, dealt with the crisis dramatically, gambling everything that the public could be won over to his side with a mixture of pathos and candor in a single speech.

He denied any impropriety in using the private fund. But that part is hardly remembered.

“One other thing I probably should tell you, because if I don’t, they will probably be saying this about me, too,” Nixon told a television audience of 60 million. “We did get something, a gift, after the nomination.”

He explained it was a black-and-white cocker spaniel that 6-year-old Tricia Nixon had named Checkers. “I just want to say this, right now,” said Nixon, in a fight to stay on the ticket with Dwight D. Eisenhower, “regardless of what they say about it, we are going to keep it.”

The “Checkers” speech also included Nixon’s famous reference to wife Pat’s “Republican cloth coat” to point out that she didn’t wear mink. He ended it with a defiant vow not to quit. He urged listeners to tell the Republican National Committee “whether you think I should stay on or whether I should get off.”

The outpouring of sympathetic support cemented his spot on the ticket.

The fund had been set up by Dana Smith, a Los Angeles lawyer who had been finance chairman for Nixon’s successful 1950 race for the Senate. Smith intended it to pay for Nixon’s political travel, printing and mailing of speeches and clerical help, which would not be reimbursed by the Senate.

Once the existence of “the millionaire’s club” exploded in headlines, it ballooned and overshadowed everything else in the 1952 campaign. Eisenhower’s advisers urged the general to dump Nixon and find himself a new running mate.

Nixon got scant comfort from Eisenhower, who told him: “I have come to the conclusion that you are the one who has to decide what to do,” Nixon recalled, in his book “Six Crises.” “I think you ought to go on a nationwide television program and tell them everything there is to tell, everything you can remember since the day you entered public life. Tell them about any money you have received.”

To others, Eisenhower insisted that Nixon prove himself “clean as a hound’s tooth.”

The GOP and the Senatorial Congressional Campaign Committee pledged the $75,000 to buy a half-hour in prime time for Nixon’s speech, which was broadcast from the 750-seat El Capitan Theater in Los Angeles–the same hall where the “Colgate Comedy Hour” and “This Is Your Life” originated.

An hour before he left for the theater, came a call from Thomas E. Dewey, a two-time losing candidate for president and then a member of Eisenhower’s inner circle. He insisted that Nixon end his broadcast with his resignation–and even resignation from the Senate.

“If they want to find out they’d better listen to the broadcast,” Nixon shouted at Dewey. “and tell them I know something about politics too.”

Nixon went on the air in the empty theater. “Not one cent of the $18,000 or any other money of that type ever went to my personal use,” he said. “Every penny of it was used to pay for political expenses that I did not think should be charged to the taxpayers of the United States.”

He listed his assets and his debts, in detail, then said of his wife, “Pat doesn’t have a mink coat. But she does have a respectable cloth coat. And I always tell her that she’d look good in anything.”

The next day, Nixon flew to Wheeling, W.Va., to meet with Eisenhower. Just as he was about to leave the plane, Eisenhower came up the steps.

“You didn’t have to come down here to meet me,” said Nixon.

“You’re my boy,” said the general. And Nixon wept.

South Korean stocks nosedived more than 8 percent Monday, extending their losing streak to a third consecutive session, as investors dumped market heavyweights on renewed woes over artificial intelligence (AI) profitability and concerns over a possible hawkish pivot of the U.S. Federal Reserve.

The local currency rose against the U.S. dollar after opening at a 17-year low, in the face of verbal intervention by financial authorities.

The benchmark Korea Composite Stock Price Index (KOSPI) plunged 676.18 points, or 8.29 percent, to close at 7,484.41, after falling as low as 7,442.73. The secondary KOSDAQ index sank more than 9 percent to end at 911.39.

The KOSPI’s trade volume was heavy at 448.3 million shares worth 47.8 trillion won (US$31.2 billion), with losers sharply outnumbering winners 873 to 42. Foreigners and institutions dumped local shares worth 355.5 billion won and 1.6 trillion won, respectively, while retail investors scooped up 1.76 trillion won.

The Monday crash was largely anticipated on sharp losses on Wall Street last week, fueled by semiconductor shares’ biggest daily percentage drop since March 2020 and fears over a possible rate hike by the Fed sparked by a hotter-than-expected U.S. jobs report for May.

The Dow Jones Industrial Average closed 1.35 percent lower Friday (local time), while the S&P 500 dipped 2.64 percent and the tech-heavy Nasdaq composite slid 4.18 percent.

Major U.S. chip shares sharply lost ground, with Nvidia slumping 6.2 percent, Broadcom contracting 7.92 percent and Micron shooting down 13.25 percent.

The Korea Exchange (KRX) had activated a circuit breaker for the KOSPI about three minutes after opening, halting trading for 20 minutes, and implemented a consecutive sell-side sidecar at around 9:34 a.m.

The KRX had also issued a sell-side sidecar for the secondary KOSDAQ market about six minutes after opening, suspending trading for five minutes, and activated a circuit breaker for the index later in the day after the KOSDAQ fell by more than 8 percent.

“Today’s pullback appears to be driven not by the weakening of market fundamentals, but by profit-taking sentiment among investors, mainly targeted at the semiconductor sector, as the market reacted more sensitively to negative developments after an extended rally of chip shares,” a report by Samsung Securities said.

The KOSPI has been one of the best performing stock indexes across the world in recent months, surging to near the unprecedented 9,000-point mark on Tuesday last week from the 5,000-point level earlier this year, mainly driven by major semiconductor shares, including Samsung Electronics and SK hynix.

“There is a lot at stake in this week’s financial market, with U.S. inflation data, treasury yields and the ongoing debate over the sustainability of AI-related investment all unfolding simultaneously,” said Seo Sang-young, an analyst at Mirae Asset Securities.

Han Ji-young, a researcher at Kiwoom Securities, also anticipated a “challenging” week for the KOSPI, noting that the release of the U.S. Consumer Price Index for May, the SpaceX listing and Oracle’s earnings results planned for this week may weigh on the market.

Market analysts also said news that Iran and Israel traded strikes dampened investors’ risk appetite, dimming hopes for peace in the Middle East.

Market top-cap Samsung Electronics slid 10.18 percent to 295,500 won, while its chipmaking rival SK hynix dipped 7.68 percent to 1.91 million won.

AI investment firm SK Square nosedived 11.13 percent to 1.12 million won.

Samsung Life Insurance lost 8.97 percent to 375,500 won, and Samsung C&T plunged 11.29 percent to 408,500 won.

Top automaker Hyundai Motor plummeted 8.71 percent to 639,000 won, and its auto parts making affiliate Hyundai Mobis shot down 12.2 percent to 612,000 won.

Leading battery maker LG Energy Solution pulled back 6.16 percent, and its smaller rival Samsung SDI sank 11.44 percent.

Home appliances maker LG Electronics slipped 11.55 percent to 268,000 won, while power plant manufacturer Doosan Enerbility shed 10.25 percent to 85,800 won.

Internet portal operator Naver was among the few winners, jumping 9.2 percent on news that the company is conducting a joint project with U.S. AI chip giant Nvidia to build a massive global AI factory and the nomination of Han Seong-sook, former chief executive officer (CEO) of Naver and incumbent minister of small and medium-sized enterprises (SMEs), as South Korea’s new prime minister.

SK Networks surged 30 percent to 14,170 won on SK Group and Nvidia’s announcement of a broader partnership for AI infrastructure.

The Korean won was quoted at 1,535.0 won against the U.S. dollar at 3:30 p.m., up 4.1 won from the previous session, after opening at 1,555.2 won, the lowest mark since March 6, 2009, when the global markets were in a financial crisis.

The local currency turned higher after financial authorities vowed stern action against excessive volatility and one-sided movements in the foreign exchange market.

Bond prices, which move inversely to yields, closed lower. The yield on three-year Treasurys added 5.8 basis points to 3.940 percent, and the return on the benchmark five-year government bonds gained 7 basis points to 4.190 percent.

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The Dodgers’ recent string of injuries continued Wednesday when left fielder Teoscar Hernández pulled up limping after trying to beat out a grounder to shortstop.

Once he was thrown out in the second inning of the Dodgers’ 4-1 win against the Rockies, Hernández took his time walking across the field back to the dugout.

The Dodgers announced that he sustained a left hamstring strain. Utility player Hyeseong Kim replaced Hernández in left field.

This series, as results went, was a success for the Dodgers. They swept the Rockies, outscoring Colorado 24-10 over the course of three games. But the injury losses dealt a blow.

Earlier this month, the Dodgers’ rotation bore the brunt of the injury bug. But recently, it has spread to the position players. Over the last week, three Dodgers position players have left games with injuries.

Last Friday in Milwaukee, third baseman Max Muncy was hit in the wrist by a pitch and sidelined for three games.

Utility player Kiké Hernández made his season debut Monday, after starting the season on the injured list while recovering from offseason surgery on his left elbow, and helped fill in for Muncy’s temporary absence. But Hernández logged just four at-bats before landing on the IL again, lifted from Tuesday’s game with a strained left oblique.

Even after tweaking his oblique in batting practice Monday, Kiké Hernández went four for four with two doubles and a home run as he played through the injury.

Teoscar Hernández’s hamstring strain came in the midst of a hot offensive stretch. Entering Wednesday, he had a 1.072 OPS in his last 13 games.

Manager Dave Roberts also pulled Shohei Ohtani from the Dodgers’ blowout win Tuesday, after he was hit on the right hand by a changeup. But that had more to do with the score, an opportunity to get Dalton Rushing more at-bats, and getting Ohtani ready for his start on the mound Wednesday.

For the second week in a row, Ohtani was in the batting order while also pitching. And for the second pitching start in a row, he gave himself run support with a leadoff home run.

This jumped off his bat at an exit velocity of 111.3 mph, according to Statcast, landing on the netting beyond the center field wall.

Shohei Ohtani runs the bases after leading off Wednesday’s game with a home run.

(Gina Ferazzi / Los Angeles Times)

His pitching performance was less straightforward. He held the Rockies hitless through six innings. But he still gave up a run, thanks to a total of five free passes (four walks and a hit batter).

Two of them set up the Rockies’ scoring opportunity. With runners on first and third in the fourth inning, the Rockies’ Willi Castro hit a grounder to the right side of the infield, pulling first baseman Freddie Freeman away from the base.

But second baseman Alex Freeeland, recalled Wednesday as the corresponding move as Kiké Hernández went on the IL, ranged to his left and dove to first base with the ball, beating Castro to the bag for the second out of the inning. Ohtani acknowledged Freeland with a point.

A run scored, but Freeland’s hustle set up Ohtani to get out of the inning without further damage.

The Dodgers held the Rockies hitless until the eighth inning, when Tyler Freeman hit a ground-ball single through the right side of the field off reliever Tanner Scott, in the midst of a scoreless inning.

Meanwhile, the Dodgers scored almost all their runs on homers, with Freddie Freeman and Andy Pages adding their own solo blasts after Ohtani, and Alex Call contributing an RBI single.

Ronny Mauricio hit a go-ahead home run in the seventh inning and the New York Mets rallied for a 4-3 victory over the Angels on Friday night in the opener of a nine-game trip.

The win — just the Mets’ fourth in their last 21 games — came a few hours after president of baseball operations David Stearns gave manager Carlos Mendoza a vote of confidence. New York has the majors’ worst record at 11-21.

Marcus Semien hit a tying two-run single in the Mets’ three-run sixth inning, which also included an RBI single by Francisco Alvarez. New York retired the final 21 Angels hitters.

Mets starter Christian Scott gave up three runs — two earned — and three hits in five innings with eight strikeouts and no walks. Huascar Brazobán (2-0) pitched a perfect sixth for the win, and Brooks Raley, Luke Weaver and Devin Williams — who got his third save — finished up as Mets relievers combined for four hitless innings.

Jorge Soler hit a two-run homer for the Angels, who lost starter Walbert Ureña in the sixth inning when he was hit in the right leg by Bo Bichette’s comebacker. It was just the second hit for the Mets off Ureña, who hadn’t given up a run through five innings before the bullpen took over.

Alvarez singled against Brent Suter to score Bichette in the sixth. Two batters later, Semien tied it 3-3 with his two-run single off Chase Silseth.

Mauricio’s one-out homer in the seventh, with an exit velocity of 111.3 mph, came off José Fermin (0-1) and was his first of the season.

The Angels’ bullpen entered with a 5.66 ERA, second worst in the American League.

Up next: Mets RHP Nolan McLean (1-2, 2.55 ERA) enters Saturday’s middle game of the three-game series after allowing one unearned run in a loss to Colorado last Sunday. Angels LHP Reid Detmers (1-2, 4.28) is making the seventh start of his return to the rotation.

Only 22 percent of US voters back the president’s performance on the cost of living, Reuters/Ipsos survey suggests.

United States President Donald Trump’s approval rating has dropped to its lowest point since he returned to the White House, sinking to 34 percent amid economic uncertainty and the US-Israel war on Iran, a Reuters/Ipsos poll suggests.

The poll, released on Tuesday, also showed that only 22 percent of respondents back Trump’s performance on the cost of living. Affordability has been a top issue for US voters.

The Iran war, which saw Tehran block most shipping through the Strait of Hormuz, has sent energy prices soaring across the world and fuelled inflation in the US.

The Reuters poll was conducted April 24-27, and it surveyed 1,014 US adults.

It comes months before the midterm elections in November when Trump’s Republican Party will have to contend with the US president’s abysmal job approval ratings as it tries to retain control of the Senate and House of Representatives.

Trump continues to enjoy near-unanimous support from Republicans in Congress despite growing criticism of the war on Iran by some right-wing commentators and podcasters.

The conflict has also been unpopular with US voters, including a sizeable Republican constituency.

A Marquette Law School survey released last week suggested that only 32 percent of voters approve of Trump’s handling of the war.

The number rose to 65 percent among Republican respondents, but it still showed significant dissent within the party on the issue.

A separate Associated Press-NORC poll last week reported similar findings – Trump’s overall approval rating at 33 percent, support for the war at 32 percent and his handling of the economy at 30 percent.

The US and Iran reached a two-week ceasefire on April 8 that Trump extended indefinitely, but tensions remain high in the region.

Duelling blockades in the Gulf – Iran shutting down the Strait of Hormuz and the US laying a naval siege on Iranian ports – have caused global energy supply issues to persist despite the truce.

In the US, the average price of 1 gallon (3.8 litres) of petrol is currently at $4.17, up from less than $3 before the war.

Still, Trump has suggested that he is comfortable with the status quo, claiming repeatedly that the Iranian economy is crumbling and that time is on his side.

“Iran has just informed us that they are in a ‘State of Collapse,’” the US president wrote in a social media post on Tuesday.

“They want us to ‘Open the Hormuz Strait,’ as soon as possible, as they try to figure out their leadership situation (Which I believe they will be able to do!)”

It’s not clear how or why Iran, which is currently refusing to hold direct negotiations with the US without it lifting the naval blockade, would inform Trump that its own economy is collapsing.