Trump is a Negotiator Not a Terminator
WHO SAID THAT ON FRI JAN 27, 2017?
CARLOS SLIM HELU, A MEXICAN BILLIONAIRE, ONE OF THE WORLD’S RICHEST MEN, A HIGHLY INFLUENTIAL BUSINESSMAN, WHO SUPPORTED DEMOCRATIC PRESIDENTIAL CANDIDATE HILLARY CLINTON.
CARLOS SLIM HELU HAS A NET WORTH ESTIMATED AT $77 BILLION
Carlos Slim Helu is the largest single shareholder of THE NEW YORK TIMES.
Carlos Slim Helu also heads telecom giant America Movil and its U.S. subsidiary TracFone.
Friday Jan 27, 2017, Mexican billionaire Carlos Slim Helu gave an optimistic news conference in Mexico City.
SLIM SAID “PRESIDENT TRUMP IS A NEGOTIATOR NOT A TERMINATOR”
Slim said, he believed the current situation in the U.S. could be favorable for Mexico, a sentiment most people in the country do not share as they watch the peso plunge and listen to Trump’s hard-line positions on trade and immigration.
Slim is calling on Mexico to unify ahead of crucial trade and immigration talks with U.S. President Donald Trump. The telecom mogul on Friday called on his country to unite amid growing tension between Mexico and the U.S. over President Trump’s proposed border wall.
Who Knew? On Dec 19, 2016 Carlos Slim Helu met Trump for dinner in Florida following the election, a get-together that Trump described as “a lovely dinner with a wonderful man.”
WHO KNEW? CARLOS SLIM HELU HAS A NET WORTH ESTIMATED AT $77 BILLION, ACCORDING TO THE MOST RECENT TALLY BY FORBES MAGAZINE.
HE CONTROLS LATIN AMERICA’S LARGEST TELECOM COMPANY, AMÉRICA MÓVIL,
AND IS ALSO INVOLVED IN BANKING, CONSTRUCTION, RETAIL, HEALTH CARE, OIL AND OTHER BUSINESSES.
SLIM IS THE LARGEST SINGLE INVESTOR IN THE NEW YORK TIMES CO.
WHO KNEW? Jan 14, 2015 – Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co (NYT.N) after exercising warrants to double his stake in the publisher to 16.8 percent. … New York Times, controlled by the Ochs-Sulzberger family through Class B shares, paid back the loan in …
Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co (NYT.N) after exercising warrants to double his stake in the publisher to 16.8 percent.
Entities affiliated with Slim exercised the warrants he bought in 2009 when he loaned the company $250 million during the height of the financial crisis.
New York Times, controlled by the Ochs-Sulzberger family through Class B shares, paid back the loan in 2011.
Jan 14, 2015 Slim’s total stake is valued at $341.4 million, based on the stock’s Wednesday closing price of $12.28
Jan 27, 2017 New York Times Co stock closing price was $13.35 USD
History always matters
WHO KNEW? THE NEW YORK TIMES IS OWNED BY THE NEW YORK TIMES COMPANY. ARTHUR OCHS SULZBERGER, JR., THE PUBLISHER AND THE CHAIRMAN OF THE BOARD, IS A MEMBER OF THE OCHS-SULZBERGER FAMILY THAT HAS CONTROLLED THE PAPER SINCE 1896.
Just asking? Just saying.
Is the New York Times Co a Liberal news paper?
WHO KNEW? June 13, , the Times published the first in a series of seven articles about the Pentagon Papers
MEXICAN BILLIONAIRE CARLOS SLIM IS THE LARGEST SHAREHOLDER OF NEW YORK TIMES CO
Slim’s mark can be seen all across Mexico City, from the glittering Museo Soumaya, an hourglass-shaped building made of aluminum tiles and named after his late wife, to the Sanborns department stores that dot so many corners.
SLIM’S WEALTH AMOUNTS TO A NOTICEABLE CHUNK OF THE COUNTRY’S GROSS DOMESTIC PRODUCT.
Full unedited text
17 hours ago – Mexican billionaire Carlos Slim Helu gave an optimistic news conference in Mexico City on FRI JAN 27, 2017, regarding the national outrage caused by the …
The telecom mogul on Friday called on his country to unite amid growing tension between Mexico and the U.S. over President Trump’s proposed border wall.
Carlos Slim, one of the world’s richest men, is urging Mexico to unify ahead of crucial trade and immigration talks with U.S. President Donald Trump.
U.S.-Mexico relations have soured this week after President Trump ordered the construction of a border wall and insisted that Mexico will foot the bill, despite Mexico repeatedly saying it will not do so. After the Trump administration suggested that a 20 percent tariff on Mexican imports could pay for the wall, Mexican president Enrique Pena Nieto canceled a planned visit to Washington.
However, the two leaders spoke on the phone for about an hour on Friday in what Trump described as a “very friendly” exchange, and Pena Nieto called “constructive and productive.”
That same day, Slim held a news conference in Mexico City and told reporters he was glad that the two had talked on the phone rather than airing out their differences on Twitter. But Slim said the proposed tariff on Mexican imports was a bad idea because it would only hurt U.S. consumers.
A highly influential businessman who supported Democratic presidential candidate Hillary Clinton, Slim heads telecom giant America Movil and its U.S. subsidiary TracFone. He’s also the largest single shareholder of The New York Times.
On the campaign trail, Trump called New York Times reporters “corporate lobbyists for Carlos Slim,” but when asked Friday if freedom of expression has come under attack in the U.S., Slim said he “doesn’t believe so.”
Curiously, Slim met Trump for dinner in Florida following the election, a get-together that Trump described as “a lovely dinner with a wonderful man.”
On Friday, Slim said he believed the current situation in the U.S. could be favorable for Mexico, a sentiment most people in the country do not share as they watch the peso plunge and listen to Trump’s hard-line positions on trade and immigration.
“HE’S A NEGOTIATOR, NOT TERMINATOR,” SAID SLIM.
Full unedited text (minus 3 snarky words)
17 hours ago – … FRI JAN 27, 2017, that Mexico should not fear Donald Trump, seeing opportunities … calls Donald Trump a negotiator ‘not Terminator‘, sees opportunities.
MEXICO CITY (REUTERS) – Billionaire Carlos Slim said on Friday (Jan 27) that Mexico should not fear Donald Trump, seeing opportunities for his country in the United States president’s economic policies, and praising Mexicans for uniting behind their government in talks with the northern neighbour.
In a rare news conference, the telecommunications and construction mogul called Trump a negotiator, “not Terminator” and said his repeated attacks on Mexico had united the country, giving President Enrique Pena Nieto “strength” in trade and border security talks.
“This is the most surprising example of national unity that I’ve had the pleasure of seeing in my life,” said Slim, who turns 77 on Saturday. He compared Mexicans’ response to that when a devastating earthquake that hit Mexico City in 1985. “We have to back the president of Mexico so he defends our national interests.”
Slim spoke to reporters after Pena Nieto on Thursday cancelled a planned Washington summit with Trump following a tweet by the American that he should stay away unless Mexico agreed to pay for a border wall.
Aiming to cool tensions, the two presidents spoke for an hour by phone on Friday, and the battered peso currency strengthened.
Trump’s threats to impose steep tariffs on Mexican products have ravaged the peso and spread worries about the economy, which is heavily dependent on the US market.
However, Slim, who spoke out against his fellow billionaire during the US election campaign but had dinner with him after the Nov 8 victory at the polls, said Trump’s policies aimed at growing the US economy would boost Mexico’s growth as well as provide jobs for Mexican labourers living north of the border.
“The circumstances in the United States are very favourable for Mexico,” Slim said, adding that he has not had any communication with Trump’s team since the December dinner. “It wasn’t a romance,” he joked about the meeting.
Referring repeatedly to Trump’s books and other writings, Slim argued that people should not be surprised at Trump’s actions because it is all in his book “Great Again: How to Fix Our Crippled America,” which Slim said he had not finished reading. “He’s a great negotiator,” Slim said.
He said businesses should not be too worried if Trump’s policies led to the collapse of the North American Free Trade Agreement (NAFTA) underpinning Mexico’s economy, saying the country could fall back on World Trade Organization tariffs.
He said Mexican workers in the United States would benefit from Trump’s planned infrastructure push, but warned that US protectionism and other policies could hurt American consumers.
“Among these changes is a return to the past, what a dear friend called ‘regressive utopias’,” he said, calling on the US to focus on advanced manufacturing.
Asked about Trump’s plan to build a wall along the US-Mexico border, Slim said the best barrier to illegal immigration would be investment that created opportunities and jobs in Mexico.
Before the highly-anticipated news conference, speculation had been growing about whether Slim might try to run for president in 2018, but he poured cold water on that talk. “I think I can do more on the business side,” he said.
Slim’s largest companies do not have much obvious exposure to any border tax Trump might impose on Mexican imports.
His high-profile holding in the New York Times Co, made him a target during the US campaign, when Trump accused him of using the newspaper to try to help Democratic Party candidate Hillary Clinton. Slim’s shares have limited voting rights.
Slim on Friday said he had been selling New York Times stock, but his son-in-law later said this was not correct.
At the conference he was flanked by two of his sons, Carlos and Marco Antonio, and his son-in-law, Arturo Elias, with other family members watching. Most of the Slim family’s wealth comes from Latin America-focused telecoms giant America Movil .
America Movil does have a substantial US business called TracFone which sells prepaid phone plans to customers and rents the networks of big operators.
His next largest companies are retail and industrial conglomerate Grupo Carso and Mexico-focused bank Grupo Financiero Inbursa.
The bottom line
ON FRI JAN 27, 2017, CARLOS SLIM HELU, A MEXICAN BILLIONAIRE, ONE OF THE WORLD’S RICHEST MEN, A HIGHLY INFLUENTIAL BUSINESSMAN, WHO SUPPORTED DEMOCRATIC PRESIDENTIAL CANDIDATE HILLARY CLINTON.
SAID, MEXICO SHOULD NOT FEAR DONALD TRUMP, SEEING OPPORTUNITIES …
AND CALLED PRESIDENT DONALD TRUMP A NEGOTIATOR ‘NOT TERMINATOR’