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Blast injures 3 at top military school in Russia

Russia's Defense Ministry says three people have been injured in an explosion inside an elite military academy in Russia's second-largest city.

The ministry said in a statement on Tuesday that an unidentified "object" went off early afternoon inside the prestigious Mozhaisky Academy in St. Petersburg, which trains officers for the army's missile defense unit. Three people suffered non-life-threatening injuries.

Live footage from outside the academy showed dozens of cadets being led out of the gated compound.

No other details were immediately available.

Source: Fox News World

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Piers Morgan: Media and Democrats reaction to Mueller report ‘a disgrace’

DailyMail.com editor-at-large and former CNN anchor Piers Morgan appeared on "Hannity" Monday night where he lambasted Democrats and the mainstream media for their reaction to the Mueller Report's release last week, calling it "a disgrace."

"Mueller was the savior, the man on the white horse riding into town to take down President Trump on collusion with Russia, he would be exposed as a traitor and this would be the end of his presidency. And then Mueller report comes out and it turns out it was all nonsense. It was to quote Donald Trump, it was 'fake news,'" Morgan told host Sean Hannity.

TOP DEM DISMISSES POSSIBILITY OF COLLUSION FATIGUE: 'THE RUSSIANS AREN'T GETTING TIRED'

Last week, Attorney General William Barr released a redacted version of Special Counsel Robert Mueller's report that revealed the Trump campaign did not collude with Russia.

Morgan criticized The New York Times, The Washington Post and cable news outlets for pushing the "obstruction of justice" narrative after the Mueller report did not result in charges against the president.

"We are supposed to believe now that Donald Trump committed repeated obstruction of justice over a crime that he now, as we all know, did not commit? He is trying to obstruct people from investigating something he says he said he didn't do and Special Counsel has confirmed he didn't do. It is ridiculous, it is a farce, it is making a mockery of America," Morgan said.

The British television presenter also mocked liberals unable to cope with the fact that Trump beat Secretary of State Hillary Clinton in 2016.

"The liberals here are refusing to accept results in 2016. 'But Hillary won the popular vote.' Who cares? It's not about the popular vote," Morgan said.

Morgan also went after his old employer CNN, saying he still had friends there but wondering aloud if they are continuing their coverage for monetary reasons.

TRUMP RAILS AGAINST 'BULLS---' IN MUELLER REPORT

"I don't know why they have done that other than it gives them a lot of money, I guess.  I think it damages their credibility and I wish they weren't doing it," Morgan said.

Morgan warned the media and Democrats that if they continue to cover President Trump in the same vein that they are essentially guaranteeing him a second term.

"If the Democrats, fueled by the media, try to continue to fight this, and I'm telling you what will happen, Donald Trump will get reelected and he will have four more years of this," Morgan said.

Source: Fox News Politics

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Rohingya should move to island to avoid landslides: Bangladesh minister

Rohingya refugees carry bricks to a construction site at the Balukhali camp in Cox's Bazar
Rohingya refugees carry bricks to a construction site at the Balukhali camp in Cox's Bazar, Bangladesh, April 8, 2019. REUTERS/Mohammad Ponir Hossain

April 25, 2019

DHAKA (Reuters) – Rohingya refugees in Bangladesh are at risk from landslides in the coming monsoon season and should be relocated to a remote island, the country’s foreign minister said on Thursday, a move opposed by many refugees.

Bangladesh wants to move 100,000 of the nearly 1 million Rohingya Muslims sheltered in cramped camps in its southeastern district of Cox’s Bazar to the remote island, known as Bhasan Char, which it has been developing for the past two years.

“We have information that this year there may be more rain and that may cause landslides,” Foreign Minister AK Abdul Momen told reporters after he met with officials from the United Nations and the International Organization for Migration.

“Bhasan Char island is now prepared and we can start to relocate Rohingya before the monsoon to avert any casualties in the coming monsoon,” Momen said.

The United Nations is making plans to help Bangladesh with the move, Reuters reported last month.

Some human rights groups have expressed concerns over that plan because the island is remote and prone to devastation from cyclones. Many refugees oppose the move that some human rights experts fear could spark a new crisis.

A Myanmar military-led crackdown in 2017 that U.N. investigators have said was conducted with “genocidal intent” prompted some 730,000 Rohingya to flee.

Myanmar has denied almost all allegations of atrocities made by refugees during what is says was a legitimate counterterrorism operation by its security forces.

(Reporting By Serajul Quadir; editing by Darren Schuettler)

Source: OANN

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Timeline: Thailand’s turbulent politics over two decades

Former Thai Prime Minister Thaksin Shinawatra speaks to Reuters during an interview in Singapore
Former Thai Prime Minister Thaksin Shinawatra looks on as he speaks to Reuters during an interview in Singapore February 23, 2016. REUTERS/Edgar Su/File Photo

March 22, 2019

BANGKOK (Reuters) – Thailand has seen two coups, dueling street demonstrations and political instability over most of the past two decades, much of it centered around the divisive figure of Thaksin Shinawatra.

Southeast Asia’s second-largest economy is preparing for a general election on Sunday, the first since a 2014 coup.

Here is a timeline of major events during the years of turmoil in the kingdom.

2001 – Telecoms tycoon Thaksin Shinawatra’s Thai Rak Thai party sweeps elections, promising populist policies like universal healthcare, debt relief for farmers and lavish government spending, especially on the rural poor.

2003 – Thaksin launches a high-profile war on drugs during which, critics say, more than 2,500 people were summarily executed.

2005 – Thaksin’s party wins another election, increasing its share of seats in the 500-member lower House of Representatives to 377.

2006 – An anti-Thaksin protest movement, the People’s Alliance for Democracy, gains momentum after the Shinawatra family sells its telecommunications firm, Shin Corporation, to Singapore sovereign fund Temasek for 73 billion baht ($1.8 billion) tax-free using a capital gains loophole. Protesters also point to issues of conflict of interest.

In September, the military launches a coup against Thaksin while he is overseas, citing the need to end the protests.

2007 – The Thai Rak Thai party is ordered dissolved. Elections to restore democracy are won by a new party made up of Thaksin supporters, the People Power Party. Thaksin ally Samak Sundaravej becomes prime minister.

2008 – Thaksin returns to Thailand in February.

In September, a court removes Samak from office for accepting payments for a cooking show he hosted. Parliament elects Somchai Wongsawat, Thaksin’s brother-in-law, as prime minister.

In October, a court finds Thaksin guilty of violating a conflict-of-interest law over land deal, sentencing him to two years in prison. Thaksin had left the country weeks before the conviction and has remained in self-exile since then.

“Yellow Shirt” protesters calling for the removal of Somchai descend on Bangkok’s Suvarnabhumi and Don Muang airports in November, closing them for over a week. The protesters disperse after the Constitutional Court dissolves the People’s Power Party over a voter fraud case, removing Somchai as prime minister.

Members of parliament elect the Democrat Party’s Abhisit Vejjajiva as prime minister.

2009 – Pro-Thaksin demonstrators led by the United Front for Democracy Against Dictatorship, also known as “Red Shirts”, begin protests against Abhisit’s government, calling it unelected and illegitimate.

In April, protesters storm the site of an East Asia Summit, forcing leaders from Southeast Asia, China, Japan and South Korea to flee from the venue.

2010 – The Red Shirt protests paralyze Bangkok for months until a military crackdown, in which at least 90 people are killed, the deadliest clash between protesters and security forces since 1992.

2011 – New elections are won in a landslide by another new pro-Thaksin party, Pheu Thai. Yingluck Shinawatra, Thaksin’s younger sister, becomes prime minister.

2013 – Anti-government protesters, led by a top Democrat Party leader, choke the streets of Bangkok after Yingluck’s government introduces an amnesty bill that could have led to Thaksin’s return. The protests go on for months.

2014 – A court removes Yingluck as prime minister for abuse of power. Commerce Minister Niwatthamrong Boonsongphaisan becomes caretaker prime minister. Demonstrations continue amid accusations that the Pheu Thai government is taking orders from Thaksin and calls for the Shinawatra family to be purged from politics.

On May 22, army chief General Prayuth Chan-ocha stages a coup and a junta, the National Council for Peace and Order, seizes control. In August, Prayuth becomes prime minister and later retires as army chief.

2016 – King Bhumibol Adulyadej dies on Oct. 13 after a 70-year reign. His son becomes King Maha Vajiralongkorn.

2017 – In April, a military-backed constitution is ratified after being passed by a referendum and later revised by King Vajiralongkorn, paving the way for an election.

The Supreme Court in August finds Yingluck guilty of negligence in management of a rice subsidy scheme and hands down a five-year prison sentence. Yingluck does not show up for the verdict and flees Thailand.

2018 – The junta lifts the ban on political activity it had imposed after taking power.

March 24, 2019 – First general election since the 2014 coup.

(Reporting by Chayut Setboonsarng and Panarat Thepgumpanat; Editing by John Chalmers, Robert Birsel)

Source: OANN

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India’s top court quashes tough central bank circular on resolving bad debt

A woman checks her mobile phone inside the premises of the Supreme Court in New Delhi
A woman checks her mobile phone inside the premises of the Supreme Court in New Delhi, India, September 28, 2018. REUTERS/Anushree Fadnavis

April 2, 2019

By Suchitra Mohanty and Suvashree Choudhury

NEW DELHI/MUMBAI (Reuters) – India’s Supreme Court on Tuesday quashed a Reserve Bank of India circular on resolving bad debt, providing relief for some major corporate defaulters but throwing India’s nascent bankruptcy regime into question.

The Supreme Court said the RBI’s circular from Feb. 12 last year on how banks should handle defaulters was unconstitutional and “ultra vires”, essentially meaning that the central bank has acted beyond its powers.

A spokesman for the RBI declined to comment, saying it had yet to go see the order.

The circular directed banks unable to agree upon a resolution plan with any defaulter within 180 days to drag the defaulter into a time bound insolvency process.

Several companies had challenged the circular in court arguing the time given by the central bank was insufficient to tackle bad debt.

The ruling gives relief to several companies, especially power companies, who have defaulted on loans due to fuel shortages, or issues tied to power purchase agreements with state governments.

A senior banker and a state-run bank said the ruling would be a positive for banks and companies.

But some bankers fear the ruling may result in increased wrangling between banks and borrowers around soured loans and dent bankruptcy reforms.

“This will once again mean we are back to the old days when banks and companies used to delay debt resolution, with each one trying to buy time,” said one banker handling non-performing accounts at a state-run bank.

(Additional reporting by Aftab Ahmed, Abhirup Roy, Promit Mukherjee, Tanvi Mehta, Sachin Sai and Nidhi Verma; Writing by Euan Rocha and Promit Mukherjee; Editing by Sanjeev Miglani and Nick Macfie)

Source: OANN

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AI must be accountable, says EU as sets ethical guidelines

FILE PHOTO: An activist from the Campaign to Stop Killer Robots, a coalition of non-governmental organisations opposing lethal autonomous weapons or so-called 'killer robots', protests at Brandenburg Gate in Berlin
FILE PHOTO: An activist from the Campaign to Stop Killer Robots, a coalition of non-governmental organisations opposing lethal autonomous weapons or so-called 'killer robots', protests at Brandenburg Gate in Berlin, Germany, March, 21, 2019. REUTERS/Annegret Hilse/File Photo

April 8, 2019

By Foo Yun Chee

BRUSSELS (Reuters) – Companies working with artificial intelligence need to install accountability mechanisms to prevent it being misused, the European Commission said on Monday, under new ethical guidelines for a technology open to abuse by authoritarian regimes.

AI projects should be transparent, have human oversight and secure and reliable algorithms and be subject to privacy and data protection rules, the commission said, among other recommendations.

The EU initiative taps in to a global debate about when or whether companies should put ethical concerns before business interests, and how tough a line regulators can afford to take on new projects without risking killing off innovation.

“The ethical dimension of AI is not a luxury feature or an add-on. It is only with trust that our society can fully benefit from technologies,” Commission digital chief Andrus Ansip said in a statement.

AI can help detect fraud and cybersecurity threats, improve healthcare and financial risk management and tackle climate change.

But it can also be used to support unscrupulous business practices and authoritarian governments.

The EU executive last year enlisted the help of 52 experts from academia, industry bodies and companies including Google, SAP, Santander and Bayer to help it draft the principles.

Companies and organizations can sign up to a pilot phase in June, after which the experts will review the results and the Commission decide on the next steps.

IBM Europe Chairman Martin Jetter said guidelines “set a global standard for efforts to advance AI that is ethical and responsible.”

(Reporting by Foo Yun Chee; editing by John Stonestreet)

Source: OANN

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Japan refiners unlikely to import Iranian oil from April: PAJ head

Idemitsu Kosan Co. Chief Executive Officer Takashi Tsukioka attends a news conference in Tokyo, Japan
FILE PHOTO: Idemitsu Kosan Co. Chief Executive Officer Takashi Tsukioka attends a news conference with Showa Shell Sekiyu Chief Executive Officer Tsuyoshi Kameoka (not in picture) in Tokyo, Japan, October 13, 2016. REUTERS/Toru Hanai

March 20, 2019

TOKYO (Reuters) – Japanese refiners will unlikely continue to import oil from Iran from April unless Japan gets a sanctions waivers extension from the U.S. government, Takashi Tsukioka, president of the Petroleum Association of Japan (PAJ), said on Wednesday.

The PAJ head said he believes the government is negotiating with the United States to get such a waiver and that PAJ would support this effort.

Japanese refiners have been asking the government to seek an extension of the U.S. sanctions waivers after the initial 180-day exemption period is over in early May. [nL3N1ZO2R2]

Japanese officials and their U.S. counterparts met last week in Washington to discuss the U.S. sanctions on Iran, according to a statement from Japan’s foreign ministry.

“Japan has told the U.S. that the sanctions should not negatively affect Japan’s stable supply of energy and Japanese companies’ operations,” an official at Japan’s industry ministry said, although declining to comment on the result of the talks.

Asked if Japan will extend sovereign ship insurance to import Iranian oil to the financial year that starts on April 1, PAJ’s Tsukioka said: “We understand the insurance is due to roll-over. We are just waiting for an announcement.”

Tsukioka had said in November, shortly after the U.S. sanctions waivers had been granted, that it was unclear whether the government would extend sovereign ship insurance into the new financial year.

(Reporting by Yuka Obayashi; Editing by Tom Hogue)

Source: OANN

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

CLICK HERE TO GET THE FOX NEWS APP

“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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