First lady Jill Biden appears at a cancer awareness event in the US state of Florida before the midterm elections. AFP
First lady Jill Biden appears at a cancer awareness event in the US state of Florida before the midterm elections. AFP
First lady Jill Biden appears at a cancer awareness event in the US state of Florida before the midterm elections. AFP
First lady Jill Biden appears at a cancer awareness event in the US state of Florida before the midterm elections. AFP

Jill Biden: US first lady gives interview to conservative network Newsmax


Kyle Fitzgerald
  • English
  • Arabic

US first lady Jill Biden has given an interview to right-wing network Newsmax TV, the same media outlet that has pushed baseless conspiracy theories about the 2020 election.

The subject of the 20-minute interview will be the White House's “cancer moonshot” initiative and the breast cancer diagnoses of four of her friends, the network said. It added that she also discussed losing her son, Beau, to cancer.

“There are things Americans disagree with, but fighting cancer is one thing that unites Americans, and we're honoured to have Dr Biden talk of her efforts and President Biden's to combat this deadly condition,” Newsmax Media chief executive Christopher Ruddy said in statement.

The network's interview with Ms Biden will air at 9pm ET on Monday.

Newsmax anchor Nancy Brinker, a breast cancer survivor, conducted the interview with the first lady in Florida.

The interview also focused on Ms Biden's discussions with Ukrainian first lady Olena Zelenska, whom the Bidens hosted at the White House in July.

Though Newsmax was founded in 2014, it was not until after the 2020 election that it grew widely popular, especially among supporters of former president Donald Trump, as the conservative media outlet made a series of debunked claims about election rigging and voter fraud.

The interview followed a cancer event hosted by Ms Biden at Broward County's University of Miami Sylvester Comprehensive Cancer Centre.

Ms Biden on Sunday night also promoted the White House's cancer initiative at an NFL game in Philadelphia, Pennsylvania.

Videos circulating on social media show the first lady being greeted by boos and chants of “Let's Go Brandon” when she walked on to the pitch at Lincoln Financial Field.

She was the latest notable figure to receive an unwelcome response in Philadelphia, whose sports fans are notorious for booing Santa Claus and pelting opposing players with batteries.

The visits were part of a busy travel schedule for the first lady before the country's midterm elections. Last week, she visited Tennessee, Wisconsin and Georgia — battleground states facing tight congressional and gubernatorial races.

Mr Biden is scheduled to visit Florida next month to campaign for gubernatorial candidate Charlie Cryst, the Democrat challenging Republican Governor Ron DeSantis, the White House said.

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The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

Britain's travel restrictions
  • A negative test 2 days before flying
  • Complete passenger locator form
  • Book a post-arrival PCR test
  • Double-vaccinated must self-isolate
  • 11 countries on red list quarantine

     
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MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

Asia Cup Qualifier

Venue: Kuala Lumpur

Result: Winners play at Asia Cup in Dubai and Abu Dhabi in September

Fixtures:

Wed Aug 29: Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore

Thu Aug 30: UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman

Sat Sep 1: UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal

Sun Sep 2: Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore

Tue Sep 4: Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong

Thu Sep 6: Final

 

Asia Cup

Venue: Dubai and Abu Dhabi

Schedule: Sep 15-28

Teams: Afghanistan, Bangladesh, India, Pakistan, Sri Lanka, plus the winner of the Qualifier

Cry Macho

Director: Clint Eastwood

Stars: Clint Eastwood, Dwight Yoakam

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How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

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Updated: October 18, 2022, 4:36 AM`