NEW YORK: Michael Bloomberg, the billionaire former mayor of New York City, has told his aides to draw up plans for an independent campaign for the US presidency, according to a source familiar with the situation.
Bloomberg has advised friends and associates that he would be willing to spend at least $1 billion of his own money on a campaign for the November 2016 election, according to the source, who spoke on condition on anonymity to discuss the former mayor’s thinking.
News of Bloomberg mulling a presidential run was first reported Saturday by the New York Times.
Bloomberg, 73, has given himself an early March deadline for entering the race, the source said, after commissioning a poll in December to see how he would fare against Donald Trump and Hillary Clinton, the Republican and Democratic frontrunners.
No third-party candidate has ever won a US presidential election. But Bloomberg, who has close Wall Street ties and liberal social views, sees an opening for his candidacy if Republicans nominate Trump or Texas Senator Ted Cruz and the Democrats nominate Vermont Senator Bernie Sanders, the source said.
Bloomberg, who has long privately flirted with the idea of mounting a presidential run, served as mayor of New York City from 2002 to 2013. He switched his party affiliation from Republican to independent in 2007 and in recent years has spent millions on national campaigns to tighten US gun laws and reform immigration.
One unnamed Bloomberg adviser told the Times the former mayor believes voters want “a non-ideological, bipartisan, results-oriented vision” that has not been offered in the 2016 election cycle by either political party.
A well-financed presidential run by Bloomberg would likely disrupt the dynamics of the election, but the billionaire would face significant hurdles in a race that has been in full swing for nearly a year.
Though no third-party candidate has ever claimed the White House, several previous bids have affected the overall makeup of the race. In 1992 Texas businessman Ross Perot ran as an independent, a decision that some believe helped Democrat Bill Clinton defeat incumbent Republican George H. W. Bush.
Bloomberg earned 13 percent support when facing a hypothetical three-way race against Clinton and Trump, according to a poll of 4,060 registered voters conducted January 14-17 by Morning Consult. Trump and Clinton were virtually tied at 37 and 36 percent, respectively, the survey found.
Bloomberg taking steps toward presidential bid
Bloomberg taking steps toward presidential bid
Mine collapse in eastern Congo leaves 200 dead, authorities say, but rebels dispute the number
- Senior M23 official Fanny Kaj disputed the figure, saying that the collapse was caused by “bombings”
- Ibrahim Taluseke, a miner at the site, said that he had helped to recover more than 200 bodies from the area
GOMA, Congo: A mine collapse at a major coltan mining site in eastern Congo left at least 200 dead, according to Congolese authorities, a number disputed by the rebel group that controls the mine.
The collapse took place Tuesday at the Rubaya mines, which are controlled by the M23 rebel group, Congo’s Ministry of Mines said in a statement on Wednesday. It was the latest such tragedy in the mineral-rich and rebel-controlled territories of the country.
But senior M23 official Fanny Kaj disputed the figure, saying that the collapse was caused by “bombings” and only five people had been killed.
“I can confirm that what people are publishing is not true. There was no landslide; there were bombings, and the death toll isn’t what people are saying. It’s simply about five people who died,” Kaj said.
Ibrahim Taluseke, a miner at the site, said that he had helped to recover more than 200 bodies from the area.
“We are afraid, but these are lives that are in danger,” said Taluseke. “The owners of the pits do not accept that the exact number of deaths be revealed.”
Rubaya lies in the heart of eastern Congo, a mineral-rich part of the Central African nation which for decades has been ripped apart by violence from government forces and different armed groups, including the Rwanda-backed M23 group, whose recent resurgence has escalated the conflict, worsening an already acute humanitarian crisis.
Congo is a major supplier of coltan, a black metallic ore that contains the rare metal tantalum, a key component in the production of smartphones, computers and aircraft engines.
The country produced about 40 percent of the world’s coltan in 2023, according to the US Geological Survey, with Australia, Canada and Brazil being other big suppliers. More than 15 percent of the world’s supply of tantalum comes from Rubaya’s mines.
In May 2024, M23 seized the town and took control of its mines. According to a UN report, since seizing Rubaya, the rebels have imposed taxes on the trade and transport of coltan, generating at least $800,000 a month.
Eastern Congo has been in and out of crisis for decades. Various conflicts have created one of the world’s largest humanitarian crises with more than 7 million people displaced, including more than 300,000 who have fled their homes since December.
In June, the Congolese and Rwandan government signed a peace deal brokered by the US and negotiations continue between rebels and Congo. However, fighting continues on several fronts in eastern Congo, continuing to claim numerous civilian and military casualties.
The deal between Congo and Rwanda also opens up access to critical minerals for the US government and American companies.
A similar collapse last month killed more than 200 people.
