Asked if he would accept the results of the election, Mr. Trump — who has repeatedly predicted a “rigged” system could doom him — refused to commit. “I will look at it at the time,” he said, before suggesting without evidence that wide-scale voter fraud and a media conspiracy could affect the outcome. Mrs. Clinton called these remarks “horrifying.” She noted that Mr. Trump had a long history of claiming that forces were aligned against him, recalling his complaint when he did not receive an Emmy award for his television show, among other gripes. “Should have gotten it,” Mr. Trump said.
• The moderator cited estimates that both candidates’ plans would increase the national debt. Mr. Trump rejected that analysis, saying he could “create tremendous jobs” and construct “an economic machine” to power growth. Mrs. Clinton likewise said she would “not add a penny to the national debt.” Asked next about entitlement spending, Mr. Trump switched to a discussion of the Affordable Care Act, which he said he wanted to repeal. When Mrs. Clinton tweaked her opponent for evading taxes, Mr. Trump interjected: “Such a nasty woman,” he said.
• Mrs. Clinton, speaking about her support for some gun control measures, said she saw “no conflict between saving people’s lives and defending the Second Amendment.” She added that the National Rifle Association was running “millions of dollars of ads against me.” Mr. Trump said he was unsure if Mrs. Clinton had referenced the group’s support for him “in a sarcastic manner,” but that he was “very proud” of it.
• Asked about the role of the Supreme Court, Mrs. Clinton said she expected the court to “represent all of us,” citing the importance of marriage equality and abortion rights. She added that she hoped that “the Senate would do its job and confirm the nominee that President Obama has sent to them.” Mr. Trump, answering the same question, said, “The Supreme Court, that’s what it’s all about,” before suggesting Mrs. Clinton would hope to steer the court away from adherence to the Second Amendment.
• Mrs. Clinton focused attention on Mr. Trump’s past comments that, if abortion were outlawed, there should be “some form of punishment” for the women involved. After Mrs. Clinton was pressed on her support for late-term abortions under certain circumstances — she cited the health of prospective mothers — Mr. Trump said he thought it was “terrible.” “If you go with what Hillary is saying, in the ninth month you can take the baby and rip the baby out of the womb of the mother,” he said.
People at a debate watch party at the Culinary Workers Union in Las Vegas. Credit Todd Heisler/The New York Times
• Mr. Trump held forth on his signature issue — immigration — suggesting that the heroin crisis in some pockets of the country owed to insufficient border security. “We have to have strong borders,” he said, adding, “We have some bad hombres.” Mrs. Clinton said that while her immigration plan “of course includes border security,” she did not want to see “the deportation force that Donald has talked about.”
• Mrs. Clinton suggested Mr. Trump was a hypocrite on the issue of immigration, saying he had “used undocumented labor to build the Trump Tower.” When the moderator, Chris Wallace, quoted from a paid Clinton speech — citing an excerpt revealed by WikiLeaks in which she said she dreamed of “open trade and open borders” — Mrs. Clinton said she was “talking about energy.”
• Mrs. Clinton said a more pressing issue from the leaked documents was the specter of the Russian government engaging in “espionage against Americans,” suggesting that Russian President Vladimir V. Putin has a “clear favorite in this race.” “That was a great pivot off the fact that she wants open borders,” Mr. Trump said, adding, “I don’t know Putin.” Mrs. Clinton said Mr. Putin would prefer “a puppet as president of the United States.” Mr. Trump shot back, “You’re the puppet.”
• After Mr. Trump said Mr. Putin had “outsmarted and outplayed” Mrs. Clinton on the international stage, Mrs. Clinton moved to cast Mr. Trump as too unstable to be president, saying he had been distressingly cavalier about the use of nuclear weapons. “Wrong,” Mr. Trump interjected, reprising an interruption from the first debate.
• As the discussion turned to the economy, Mrs. Clinton said Mr. Trump’s plans amounted to “trickle-down economics on steroids.” Mr. Trump, after taking credit for more active participation from international trade partners — “all the sudden they’re paying,” he said — suggested he would produce national prosperity by renegotiating trade deals.
• After Mrs. Clinton said President Obama did not get the credit he deserved for improving economic conditions since taking office, she allowed that Americans were “standing, but we’re not yet running.” Mr. Trump, placing blame for many Americans’ financial struggles on trade policy under Bill Clinton, said the country was “stagnant.” Mrs. Clinton accused Mr. Trump of crying “crocodile tears” about the American work force despite using Chinese steel on construction projects.
• Addressing the many accusations of sexual assault against him, Mr. Trump said, “I don’t know those people,” calling the accounts “totally false.” “I didn’t even apologize to my wife, who’s sitting right here, because I didn’t do anything,” he said, accusing Mrs. Clinton of stoking the claims. Mrs. Clinton seized on Mr. Trump’s recent insinuations that he could not have assaulted some of the women because they were not attractive enough. “Donald thinks belittling women makes him bigger,” she said. “I don’t think there’s a woman anywhere who doesn’t know what that feels like.”
• When Mr. Trump sought to pivot to a discussion of Mrs. Clinton’s use of a private email server when she was secretary of state, Mrs. Clinton accused him of dodging responsibility for his own actions. “He never apologizes or says he’s sorry for anything,” she said, noting his insults of a Gold Star family, a reporter with a physical disability and a judge with Mexican heritage, among others. “It’s not one thing, this is a pattern,” she said.
Fact Checks of the Third Presidential Debate
Reporters for The New York Times fact-checked the statements made by Hillary Clinton and Donald J. Trump during Wednesday’s presidential debate.
• Mr. Trump accused Mrs. Clinton of misdeeds at the Clinton Foundation, asking her to return donations from countries with a record of human rights abuses. Mrs. Clinton said she would be “happy to compare what we do with the Trump Foundation,” recalling the use of Trump Foundation funds to purchase a large portrait of its namesake. “Who does that?” she asked. When Mr. Trump said the foundation’s money was dedicated to charitable giving, Mrs. Clinton noted that his claims were impossible to verify because he had not released his tax returns.
• After Mr. Trump accused Mrs. Clinton of helping to destabilize the Middle East, citing her vote for the Iraq war, among other decisions, Mrs. Clinton reminded voters that Mr. Trump had expressed support for the invasion. “Google, ‘Donald Trump Iraq,’” she said. Mr. Trump repeatedly cut in to say, “Wrong.”
• The candidates sparred over refugee policy, with Mr. Trump predicting security crises if Mrs. Clinton were elected. “This is going to be the great Trojan horse,” Mr. Trump said, discussing Syrian refugees. “Lots of luck, Hillary.” Mrs. Clinton said she would not allow anyone into the country without appropriate vetting but added, “I am not going to slam the door on women and children.”
• Offered a chance to give closing remarks, the candidates hewed closely to their campaign trail messages. Mrs. Clinton spoke about improving the lives of families, saying she hoped Americans would “give me a chance to serve as your president.” Mr. Trump began, “She’s raising the money from the people she wants to control. Doesn’t work that way.” He said he would “make America great,” touching on what he called a “depleted military” and urban conditions where “you get shot walking to the store.”
Asked if he would accept the results of the election, Mr. Trump — who has repeatedly predicted a “rigged” system could doom him — refused to commit. “I will look at it at the time,” he said, before suggesting without evidence that wide-scale voter fraud and a media conspiracy could affect the outcome. Mrs. Clinton called these remarks “horrifying.” She noted that Mr. Trump had a long history of claiming that forces were aligned against him, recalling his complaint when he did not receive an Emmy award for his television show, among other gripes. “Should have gotten it,” Mr. Trump said.
• The moderator cited estimates that both candidates’ plans would increase the national debt. Mr. Trump rejected that analysis, saying he could “create tremendous jobs” and construct “an economic machine” to power growth. Mrs. Clinton likewise said she would “not add a penny to the national debt.” Asked next about entitlement spending, Mr. Trump switched to a discussion of the Affordable Care Act, which he said he wanted to repeal. When Mrs. Clinton tweaked her opponent for evading taxes, Mr. Trump interjected: “Such a nasty woman,” he said.
• Mrs. Clinton, speaking about her support for some gun control measures, said she saw “no conflict between saving people’s lives and defending the Second Amendment.” She added that the National Rifle Association was running “millions of dollars of ads against me.” Mr. Trump said he was unsure if Mrs. Clinton had referenced the group’s support for him “in a sarcastic manner,” but that he was “very proud” of it.
• Asked about the role of the Supreme Court, Mrs. Clinton said she expected the court to “represent all of us,” citing the importance of marriage equality and abortion rights. She added that she hoped that “the Senate would do its job and confirm the nominee that President Obama has sent to them.” Mr. Trump, answering the same question, said, “The Supreme Court, that’s what it’s all about,” before suggesting Mrs. Clinton would hope to steer the court away from adherence to the Second Amendment.
• Mrs. Clinton focused attention on Mr. Trump’s past comments that, if abortion were outlawed, there should be “some form of punishment” for the women involved. After Mrs. Clinton was pressed on her support for late-term abortions under certain circumstances — she cited the health of prospective mothers — Mr. Trump said he thought it was “terrible.” “If you go with what Hillary is saying, in the ninth month you can take the baby and rip the baby out of the womb of the mother,” he said.
People at a debate watch party at the Culinary Workers Union in Las Vegas. Credit Todd Heisler/The New York Times
• Mr. Trump held forth on his signature issue — immigration — suggesting that the heroin crisis in some pockets of the country owed to insufficient border security. “We have to have strong borders,” he said, adding, “We have some bad hombres.” Mrs. Clinton said that while her immigration plan “of course includes border security,” she did not want to see “the deportation force that Donald has talked about.”
• Mrs. Clinton suggested Mr. Trump was a hypocrite on the issue of immigration, saying he had “used undocumented labor to build the Trump Tower.” When the moderator, Chris Wallace, quoted from a paid Clinton speech — citing an excerpt revealed by WikiLeaks in which she said she dreamed of “open trade and open borders” — Mrs. Clinton said she was “talking about energy.”
• Mrs. Clinton said a more pressing issue from the leaked documents was the specter of the Russian government engaging in “espionage against Americans,” suggesting that Russian President Vladimir V. Putin has a “clear favorite in this race.” “That was a great pivot off the fact that she wants open borders,” Mr. Trump said, adding, “I don’t know Putin.” Mrs. Clinton said Mr. Putin would prefer “a puppet as president of the United States.” Mr. Trump shot back, “You’re the puppet.”
• After Mr. Trump said Mr. Putin had “outsmarted and outplayed” Mrs. Clinton on the international stage, Mrs. Clinton moved to cast Mr. Trump as too unstable to be president, saying he had been distressingly cavalier about the use of nuclear weapons. “Wrong,” Mr. Trump interjected, reprising an interruption from the first debate.
• As the discussion turned to the economy, Mrs. Clinton said Mr. Trump’s plans amounted to “trickle-down economics on steroids.” Mr. Trump, after taking credit for more active participation from international trade partners — “all the sudden they’re paying,” he said — suggested he would produce national prosperity by renegotiating trade deals.
• After Mrs. Clinton said President Obama did not get the credit he deserved for improving economic conditions since taking office, she allowed that Americans were “standing, but we’re not yet running.” Mr. Trump, placing blame for many Americans’ financial struggles on trade policy under Bill Clinton, said the country was “stagnant.” Mrs. Clinton accused Mr. Trump of crying “crocodile tears” about the American work force despite using Chinese steel on construction projects.
• Addressing the many accusations of sexual assault against him, Mr. Trump said, “I don’t know those people,” calling the accounts “totally false.” “I didn’t even apologize to my wife, who’s sitting right here, because I didn’t do anything,” he said, accusing Mrs. Clinton of stoking the claims. Mrs. Clinton seized on Mr. Trump’s recent insinuations that he could not have assaulted some of the women because they were not attractive enough. “Donald thinks belittling women makes him bigger,” she said. “I don’t think there’s a woman anywhere who doesn’t know what that feels like.”
• When Mr. Trump sought to pivot to a discussion of Mrs. Clinton’s use of a private email server when she was secretary of state, Mrs. Clinton accused him of dodging responsibility for his own actions. “He never apologizes or says he’s sorry for anything,” she said, noting his insults of a Gold Star family, a reporter with a physical disability and a judge with Mexican heritage, among others. “It’s not one thing, this is a pattern,” she said.
Fact Checks of the Third Presidential Debate
Reporters for The New York Times fact-checked the statements made by Hillary Clinton and Donald J. Trump during Wednesday’s presidential debate.
• Mr. Trump accused Mrs. Clinton of misdeeds at the Clinton Foundation, asking her to return donations from countries with a record of human rights abuses. Mrs. Clinton said she would be “happy to compare what we do with the Trump Foundation,” recalling the use of Trump Foundation funds to purchase a large portrait of its namesake. “Who does that?” she asked. When Mr. Trump said the foundation’s money was dedicated to charitable giving, Mrs. Clinton noted that his claims were impossible to verify because he had not released his tax returns.
• After Mr. Trump accused Mrs. Clinton of helping to destabilize the Middle East, citing her vote for the Iraq war, among other decisions, Mrs. Clinton reminded voters that Mr. Trump had expressed support for the invasion. “Google, ‘Donald Trump Iraq,’” she said. Mr. Trump repeatedly cut in to say, “Wrong.”
• The candidates sparred over refugee policy, with Mr. Trump predicting security crises if Mrs. Clinton were elected. “This is going to be the great Trojan horse,” Mr. Trump said, discussing Syrian refugees. “Lots of luck, Hillary.” Mrs. Clinton said she would not allow anyone into the country without appropriate vetting but added, “I am not going to slam the door on women and children.”
• Offered a chance to give closing remarks, the candidates hewed closely to their campaign trail messages. Mrs. Clinton spoke about improving the lives of families, saying she hoped Americans would “give me a chance to serve as your president.” Mr. Trump began, “She’s raising the money from the people she wants to control. Doesn’t work that way.” He said he would “make America great,” touching on what he called a “depleted military” and urban conditions where “you get shot walking to the store.”
Hillary Clinton and Donald Trump bickered and traded insults in a fiery US presidential debate Monday, as they aggressively pitched their case to tens of millions of American voters.
With the White House rivals in a dead heat six weeks before election day, Clinton from the get-go painted her Republican rival as out of touch and having a tenuous relationship with the truth, willing to say “crazy things” to get elected.
“You live in your own reality” said the 68-year old Democrat, who accused Trump of launching his political career on a “racist lie” — the birther conspiracy theory that questioned President Barack Obama’s citizenship.
Trump, who faces tough questions about his suitability for the Oval Office, started out with a more restrained tone — he even ditched his red power tie for a more statesmanlike blue.
But he quickly went on the offensive, repeatedly interrupting Clinton with verbal jabs.
The celebrity businessman branded Clinton a “typical politician. All talk, no action. Sounds good, doesn’t work.”
In feisty exchanges on the economy, Trump reprised the themes that have catalyzed his improbable campaign, blaming Clinton and the political class for losing jobs to Mexico and China through bad trade deals.
“Our country is suffering because people like secretary Clinton have made such bad decisions in terms of our jobs and in terms of what’s going on,” he said.
He demanded Clinton — a former secretary of state, first lady and US senator — account for her time in government: “You’ve been doing this for 30 years. Why are you just thinking about these solutions right now? For 30 years, you’ve been doing it.”
Clinton responded by accusing Trump of having “stiffed” small businesses throughout his business career.
Demanding Trump release his taxes, in keeping with election custom, she accused him of backing an economic platform amounting to “the most extreme” package of tax cuts for the wealthy in US history.
“I call it trumped up trickle-down, because that’s exactly what it would be,” she quipped.
Trump said he would release his tax returns, “when she releases her 33,000 e-mails that have been deleted,” alluding to the Democrat’s use of a private email server as secretary of state.
– Super Bowl of politics –
This Super Bowl of politics took place at Hofstra University on Long Island, a mere 60-minute drive from Manhattan and chaired by NBC Nightly News anchor Lester Holt.
This first 2016 presidential debate could be pivotal in deciding whether Clinton will become the first woman president, or if Trump can pull off the greatest upset in US political history.
When the celebrity businessman launched his campaign in June 2015, bookmakers put his odds at 100/1 and he was roundly mocked.
But the 70-year-old weathered allegations of bigotry and sexism to triumph in a vicious Republican primary campaign.
He now has a real shot at being sworn in as the 45th president of the United States on January 20.
Six weeks out from election day the polls have tightened to a virtual dead heat.
Trump’s biggest handicap may be accusations that he has a weak grasp of policy — which he sought to counter by accusing his rival of sowing chaos in the Middle East during her tenure as secretary of state.
“It’s a total mess, under your direction, to a large extent,” Trump said.
But he appeared on shaky ground as he defended his refusal to reveal his plan for defeating the Islamic State group.
“You’re telling the enemy everything you want to do. No wonder you’ve been fighting ISIS your entire adult life,” he said of the group that only came to prominence in the last decade.
Clinton — perhaps the most qualified presidential candidate since George Bush senior or Dwight Eisenhower — has a massive organizational advantage, a bigger campaign warchest, a lead in the popular vote and is in a notably stronger position state-by-state.
But she remains deeply unpopular. In a country split 50/50 between Democrats and Republicans, only 40 percent of voters say they have a favorable view of her.
In the last two presidential elections, young, black, Hispanic and Asian-American voters turned out in record numbers for Obama.
Clinton’s campaign has struggled so far to match that level of enthusiasm.
Only 47 percent of voters aged 18 to 34 say they will definitely vote this time round, that is down from 74 percent when Obama was first elected.
AFP
Hillary Clinton and Donald Trump bickered and traded insults in a fiery US presidential debate Monday, as they aggressively pitched their case to tens of millions of American voters.
With the White House rivals in a dead heat six weeks before election day, Clinton from the get-go painted her Republican rival as out of touch and having a tenuous relationship with the truth, willing to say “crazy things” to get elected.
“You live in your own reality” said the 68-year old Democrat, who accused Trump of launching his political career on a “racist lie” — the birther conspiracy theory that questioned President Barack Obama’s citizenship.
Trump, who faces tough questions about his suitability for the Oval Office, started out with a more restrained tone — he even ditched his red power tie for a more statesmanlike blue.
But he quickly went on the offensive, repeatedly interrupting Clinton with verbal jabs.
The celebrity businessman branded Clinton a “typical politician. All talk, no action. Sounds good, doesn’t work.”
In feisty exchanges on the economy, Trump reprised the themes that have catalyzed his improbable campaign, blaming Clinton and the political class for losing jobs to Mexico and China through bad trade deals.
“Our country is suffering because people like secretary Clinton have made such bad decisions in terms of our jobs and in terms of what’s going on,” he said.
He demanded Clinton — a former secretary of state, first lady and US senator — account for her time in government: “You’ve been doing this for 30 years. Why are you just thinking about these solutions right now? For 30 years, you’ve been doing it.”
Clinton responded by accusing Trump of having “stiffed” small businesses throughout his business career.
Demanding Trump release his taxes, in keeping with election custom, she accused him of backing an economic platform amounting to “the most extreme” package of tax cuts for the wealthy in US history.
“I call it trumped up trickle-down, because that’s exactly what it would be,” she quipped.
Trump said he would release his tax returns, “when she releases her 33,000 e-mails that have been deleted,” alluding to the Democrat’s use of a private email server as secretary of state.
– Super Bowl of politics –
This Super Bowl of politics took place at Hofstra University on Long Island, a mere 60-minute drive from Manhattan and chaired by NBC Nightly News anchor Lester Holt.
This first 2016 presidential debate could be pivotal in deciding whether Clinton will become the first woman president, or if Trump can pull off the greatest upset in US political history.
When the celebrity businessman launched his campaign in June 2015, bookmakers put his odds at 100/1 and he was roundly mocked.
But the 70-year-old weathered allegations of bigotry and sexism to triumph in a vicious Republican primary campaign.
He now has a real shot at being sworn in as the 45th president of the United States on January 20.
Six weeks out from election day the polls have tightened to a virtual dead heat.
Trump’s biggest handicap may be accusations that he has a weak grasp of policy — which he sought to counter by accusing his rival of sowing chaos in the Middle East during her tenure as secretary of state.
“It’s a total mess, under your direction, to a large extent,” Trump said.
But he appeared on shaky ground as he defended his refusal to reveal his plan for defeating the Islamic State group.
“You’re telling the enemy everything you want to do. No wonder you’ve been fighting ISIS your entire adult life,” he said of the group that only came to prominence in the last decade.
Clinton — perhaps the most qualified presidential candidate since George Bush senior or Dwight Eisenhower — has a massive organizational advantage, a bigger campaign warchest, a lead in the popular vote and is in a notably stronger position state-by-state.
But she remains deeply unpopular. In a country split 50/50 between Democrats and Republicans, only 40 percent of voters say they have a favorable view of her.
In the last two presidential elections, young, black, Hispanic and Asian-American voters turned out in record numbers for Obama.
Clinton’s campaign has struggled so far to match that level of enthusiasm.
Only 47 percent of voters aged 18 to 34 say they will definitely vote this time round, that is down from 74 percent when Obama was first elected.
President Barack Obama of the United State has once again blasted Donald Trump while campaigning for Hillary Clinton who is recovering from pneumonia.
Obama attacked Clinton’s rival Donald Trump with some of his harshest dictions yet saying the Republican nominee “is not fit in any way, shape, or form to represent this country abroad or to be its commander-in-chief.”
“Hillary Clinton is steady and she is true. I need you to work as hard for Hillary as you did for me.” I believe there has never been a man or a woman who is more qualified to serve as our president,” Obama said to cheers in a rally at Philadelphia, Pennsylvania.
This is the guy you want to be championing working people?” a bemused Obama asked, joking that “the Donald” doesn’t want working people living in his condominiums or playing on his golf courses.
He spent most of his life staying as far away of working people as he could. And now this guy is going to be the champion for working people?”
Obama also took issue with Trump’s fondness for Russian President Vladimir Putin, who Trump’s praise for has evoked fear in his Republican colleagues.
“I have to do business with Putin,” Obama said.But I don’t go around saying that’s my role model.”
Obama said Trump’s claim that he would be a president for all is a joke and that he “wouldn’t let you all on his golf course.
”And now suddenly this guy is going to be your champion?Really? This is the guy you want to be championing working people?” Obama asked.
The president said he didn’t even represent many of the faces in the Republican Party.
“This isn’t Abraham Lincoln’s Republican Party. This isn’t even the vision of freedom of Ronald Reagan. This is a dark vision,” Obama said.
President Barack Obama of the United State has once again blasted Donald Trump while campaigning for Hillary Clinton who is recovering from pneumonia.
Obama attacked Clinton’s rival Donald Trump with some of his harshest dictions yet saying the Republican nominee “is not fit in any way, shape, or form to represent this country abroad or to be its commander-in-chief.”
“Hillary Clinton is steady and she is true. I need you to work as hard for Hillary as you did for me.” I believe there has never been a man or a woman who is more qualified to serve as our president,” Obama said to cheers in a rally at Philadelphia, Pennsylvania.
This is the guy you want to be championing working people?” a bemused Obama asked, joking that “the Donald” doesn’t want working people living in his condominiums or playing on his golf courses.
He spent most of his life staying as far away of working people as he could. And now this guy is going to be the champion for working people?”
President of Dangote group, Aliko Dangote, has dropped off the list of the 100 richest people in the world.
Ranked richest African/black person in the world, Dangote was the 51st richest man in the world as at March 2016, but has dropped to 101 as at the start of business on Monday.The drop is reported to be as a result of the naira crash which has placed a huge dent on his business ventures.
Dangote, who owns the second largest sugar-refinery in the world, remains richer than Donald Trump, American billionaire presidential candidate, and Oprah Winfrey, US TV personality, who dubs as the second richest black woman in the world.
Dangote is now worth $11.1 billion, while Trump and Oprah are estimated at $4.5 billion and $3.1 billion, respectively.
The fall in the naira, as against the dollar, from about 198 to about 300, has eroded about a quarter of Dangote’s wealth, as he commits to investing heavily in Africa’s largest economy, Nigeria.
At the launch of the new foreign exchange regime on June 23, 2016, Dangote fell from 46 on the world billionaire list to 71, and has continued in that manner with the naira plunge.
According to Bloomberg billionaires, Dangote, who was worth $15.4 billion (N3.05 trillion) in March, is now worth $11.1 billion (N3.3 trillion) —richer in naira, but poorer in dollars.
The launch of Dangote refinery, the biggest greenfield refinery in the world, billed for 2018/2019 is expected to propel him into top 20 by 2019.
Dangote Cement, one of Dangote’s major investments in Nigeria, is the biggest company on the Nigerian Stock Exchange, by market capitalisation, and the biggest cement producer in sub-saharan Africa.
According to Fortune 500,the company however missed out of the 100 biggest companies in the world
President of Dangote group, Aliko Dangote, has dropped off the list of the 100 richest people in the world.
Ranked richest African/black person in the world, Dangote was the 51st richest man in the world as at March 2016, but has dropped to 101 as at the start of business on Monday.The drop is reported to be as a result of the naira crash which has placed a huge dent on his business ventures.
Dangote, who owns the second largest sugar-refinery in the world, remains richer than Donald Trump, American billionaire presidential candidate, and Oprah Winfrey, US TV personality, who dubs as the second richest black woman in the world.
Dangote is now worth $11.1 billion, while Trump and Oprah are estimated at $4.5 billion and $3.1 billion, respectively.
The fall in the naira, as against the dollar, from about 198 to about 300, has eroded about a quarter of Dangote’s wealth, as he commits to investing heavily in Africa’s largest economy, Nigeria.
At the launch of the new foreign exchange regime on June 23, 2016, Dangote fell from 46 on the world billionaire list to 71, and has continued in that manner with the naira plunge.
According to Bloomberg billionaires, Dangote, who was worth $15.4 billion (N3.05 trillion) in March, is now worth $11.1 billion (N3.3 trillion) —richer in naira, but poorer in dollars.
The launch of Dangote refinery, the biggest greenfield refinery in the world, billed for 2018/2019 is expected to propel him into top 20 by 2019.
Dangote Cement, one of Dangote’s major investments in Nigeria, is the biggest company on the Nigerian Stock Exchange, by market capitalisation, and the biggest cement producer in sub-saharan Africa.
According to Fortune 500,the company however missed out of the 100 biggest companies in the world
As the presidential election of the United States of America reaching it climax, Ohio Governor, John Kasich has eventually dropped his ambition in the race to occupy the White House after struggling to gain traction against Republican front-runner, Donald Trump.
Mr. Kasich did not have a path to secure the nomination outright, but pledged to lobby for his candidacy during the Republican convention in July, the BBC reports.
Mr. Trump holds a commanding lead and is closing in on the nomination.
His likely opponent will be Democratic front-runner, Hillary Clinton, who lost the Indiana primary to Bernie Sanders.
It was a surprise win for the Vermont senator who continues to attract huge crowds to his rallies, but his opponent has an almost insurmountable lead.
Speaking to CNN about taking on Mr. Trump, Mrs. Clinton said he was a “loose cannon” who had ran a “negative, bullying” campaign.
The New York businessman has made several controversial remarks ever since he launched his White House bid by labelling Mexicans as rapists and criminals.
Several senior Republicans said on Wednesday they will not back him, with some saying they would prefer to vote for Mrs. Clinton.
Mr. Kasich’s announcement, which will be made later but has been leaked to the United States media, clears Mr. Trump’s path although he was never a significant threat and only won his home state.
As the presidential election of the United States of America reaching it climax, Ohio Governor, John Kasich has eventually dropped his ambition in the race to occupy the White House after struggling to gain traction against Republican front-runner, Donald Trump.
Mr. Kasich did not have a path to secure the nomination outright, but pledged to lobby for his candidacy during the Republican convention in July, the BBC reports.
Mr. Trump holds a commanding lead and is closing in on the nomination.
His likely opponent will be Democratic front-runner, Hillary Clinton, who lost the Indiana primary to Bernie Sanders.
It was a surprise win for the Vermont senator who continues to attract huge crowds to his rallies, but his opponent has an almost insurmountable lead.
Speaking to CNN about taking on Mr. Trump, Mrs. Clinton said he was a “loose cannon” who had ran a “negative, bullying” campaign.
The New York businessman has made several controversial remarks ever since he launched his White House bid by labelling Mexicans as rapists and criminals.
Several senior Republicans said on Wednesday they will not back him, with some saying they would prefer to vote for Mrs. Clinton.
Mr. Kasich’s announcement, which will be made later but has been leaked to the United States media, clears Mr. Trump’s path although he was never a significant threat and only won his home state.
The Republican leading Presidential aspirant, Donald Trump has described the sudden alliance between Republican colleagues, Ted Cruz and John Kasich as a forced marriage between two 'Strange bedfellows.
Trump blasted the entire arrangement as "pathetic" and emblematic of the corrupt political system he's trying to disrupt.
"If you collude in business ... they put you in jail. But in politics ... you're allowed to collude," he said, according to CNN's report
The CNN report says, the Texas senator and Ohio governor roiled the Republican presidential primary late Sunday with a coordinated effort to deny Donald Trump the nomination by dividing upcoming contests. Cruz will focus on Indiana, the campaign said, while Kasich would devote his efforts to Oregon and New Mexico.
But the competition between the two contenders was alive on the campaign trail Monday.
Cruz hailed Kasich's decision to "pull out of Indiana to give us a head-to-head contest with Donald Trump."
Kasich said the arrangement wasn't meant to discourage voters in Indiana, which holds its increasingly critical primary May 3, from supporting him.
"I've never told them not to vote for me," he said. "They ought to vote for me. But I'm not over there campaigning and spending resources."
Trump, meanwhile, blasted the entire arrangement as "pathetic" and emblematic of the corrupt political system he's trying to disrupt.
"If you collude in business ... they put you in jail. But in politics ... you're allowed to collude," he said.
"It shows that they are just getting killed," Trump said, mocking Kasich's "1 for 41" showing in the primary race and saying Cruz was cracking under pressure.
"Actually, I was happy, because it shows how weak they are, it shows how pathetic they are," Trump said.
The deal is a sign of the increasing odds facing GOP forces trying to stop Trump short of the 1,237 delegates he needs to clinch the nomination, following his huge win in New York last week and expected sweep of a string of northeastern primaries Tuesday. Should Trump win Indiana, which is effectively a winner-take-all race, it would be tough for Cruz and Kasich to stop him collecting the delegate haul needed to win a first convention vote in Cleveland in July, the CNN report says
Source: Huff Post
The Republican leading Presidential aspirant, Donald Trump has described the sudden alliance between Republican colleagues, Ted Cruz and John Kasich as a forced marriage between two 'Strange bedfellows.
Trump blasted the entire arrangement as "pathetic" and emblematic of the corrupt political system he's trying to disrupt.
"If you collude in business ... they put you in jail. But in politics ... you're allowed to collude," he said, according to CNN's report
The CNN report says, the Texas senator and Ohio governor roiled the Republican presidential primary late Sunday with a coordinated effort to deny Donald Trump the nomination by dividing upcoming contests. Cruz will focus on Indiana, the campaign said, while Kasich would devote his efforts to Oregon and New Mexico.
But the competition between the two contenders was alive on the campaign trail Monday.
Cruz hailed Kasich's decision to "pull out of Indiana to give us a head-to-head contest with Donald Trump."
Kasich said the arrangement wasn't meant to discourage voters in Indiana, which holds its increasingly critical primary May 3, from supporting him.
"I've never told them not to vote for me," he said. "They ought to vote for me. But I'm not over there campaigning and spending resources."
Trump, meanwhile, blasted the entire arrangement as "pathetic" and emblematic of the corrupt political system he's trying to disrupt.
"If you collude in business ... they put you in jail. But in politics ... you're allowed to collude," he said.
"It shows that they are just getting killed," Trump said, mocking Kasich's "1 for 41" showing in the primary race and saying Cruz was cracking under pressure.
"Actually, I was happy, because it shows how weak they are, it shows how pathetic they are," Trump said.
The deal is a sign of the increasing odds facing GOP forces trying to stop Trump short of the 1,237 delegates he needs to clinch the nomination, following his huge win in New York last week and expected sweep of a string of northeastern primaries Tuesday. Should Trump win Indiana, which is effectively a winner-take-all race, it would be tough for Cruz and Kasich to stop him collecting the delegate haul needed to win a first convention vote in Cleveland in July, the CNN report says
Ted Cruz will cut campaigning in the Oregon and New Mexico primaries to help John Kasich, while the latter will give Mr Cruz a "clear path" in Indiana.
Mr Trump said his rivals were "totally desperate" and "mathematically dead".
He has a clear lead in delegates but may still fall short of the 1,237 needed to win outright.
If he does not reach the target, the vote will go to a contested convention - where a different nominee may emerge through negotiations among party figures.
Donald Trump currently has 845 delegates, Mr Cruz 559 and Mr Kasich 148
Mr Cruz and Mr Kasich announced their move in near-simultaneous statements.
Mr Cruz's campaign manager, Jeff Roe, said: "Having Donald Trump at the top of the ticket in November would be a sure disaster for Republicans. Not only would Trump get blown out by Hillary Clinton or [Bernie] Sanders, but having him as our nominee would set the party back a generation."
John Weaver, Mr Kasich's strategist, said in a statement released on the Team Kasich site: "Our goal is to have an open convention in Cleveland, where we are confident a candidate capable of uniting the party and winning in November will emerge as the nominee," BBC report says
Donald Trump Source: Politico
Ted cruz and John Kasich have reportedly formed an alliance against the leading Republican party co-aspirant Donald Trump.
Ted Cruz will cut campaigning in the Oregon and New Mexico primaries to help John Kasich, while the latter will give Mr Cruz a "clear path" in Indiana.
Mr Trump said his rivals were "totally desperate" and "mathematically dead".
He has a clear lead in delegates but may still fall short of the 1,237 needed to win outright.
If he does not reach the target, the vote will go to a contested convention - where a different nominee may emerge through negotiations among party figures.
Donald Trump currently has 845 delegates, Mr Cruz 559 and Mr Kasich 148
Mr Cruz and Mr Kasich announced their move in near-simultaneous statements.
Mr Cruz's campaign manager, Jeff Roe, said: "Having Donald Trump at the top of the ticket in November would be a sure disaster for Republicans. Not only would Trump get blown out by Hillary Clinton or [Bernie] Sanders, but having him as our nominee would set the party back a generation."
John Weaver, Mr Kasich's strategist, said in a statement released on the Team Kasich site: "Our goal is to have an open convention in Cleveland, where we are confident a candidate capable of uniting the party and winning in November will emerge as the nominee," BBC report says
GOP Republican front-runner Donald Trump once again lashed out at Muslims in a recent interview with CNN : "I think Islam hates us, "We have to get to the bottom of it, There is a tremendous hatred of us ."the billionaire told CNN's Anderson Cooper when asked whether the religion was at war with the West. He added:
"And we can't allow people coming into this country who have this hatred of the United States." It should be remembered that in December, Trump caused uproar after he said there will be a complete ban of muslims entering the U.S if he were elected president. Meanwhile, Hillary Clinton and Bernie Sanders bashed Trump for his comments about immigrants and minorities.
The former secretary of state said she has been the first one to call Trump] out : When he was calling Mexicans rapists, when he was engaging in rhetoric that I found deeply offensive." Sanders also weighed in, saying: "The American people are never going to elect president who insults Mexicans, who insults Muslims, who insults women, who insults African Americans."
Donald Trump
GOP Republican front-runner Donald Trump once again lashed out at Muslims in a recent interview with CNN : "I think Islam hates us, "We have to get to the bottom of it, There is a tremendous hatred of us ."the billionaire told CNN's Anderson Cooper when asked whether the religion was at war with the West. He added:
"And we can't allow people coming into this country who have this hatred of the United States." It should be remembered that in December, Trump caused uproar after he said there will be a complete ban of muslims entering the U.S if he were elected president. Meanwhile, Hillary Clinton and Bernie Sanders bashed Trump for his comments about immigrants and minorities.
The former secretary of state said she has been the first one to call Trump] out : When he was calling Mexicans rapists, when he was engaging in rhetoric that I found deeply offensive." Sanders also weighed in, saying: "The American people are never going to elect president who insults Mexicans, who insults Muslims, who insults women, who insults African Americans."
