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Dollar bounces vs yen as risk aversion eases, Brexit saga checks pound

FILE PHOTO: Illustration photo of U.S. Dollar and Japan Yen notes
FILE PHOTO: U.S. Dollar and Japan Yen notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

March 26, 2019

By Shinichi Saoshiro

TOKYO (Reuters) – The dollar rebounded modestly against the yen on Tuesday as Treasury yields pulled back from 15-month lows as a modicum of calm returned to financial markets gripped by fears of a sharper downturn in the global economy.

The pound stuck to a narrow range with British lawmakers scheduled to vote on a range of Brexit options later in the day.

The dollar edged up 0.15 percent to 110.13 yen and put some distance between a six-week low of 109.70 plumbed the previous day, when fears of a global economic slowdown depressed U.S. yields and boosted investor demand for the yen, a perceived safe haven.

“The dollar has tracked U.S. yields. But the trend may have run its course, with little further downside seemingly remaining for yields,” said Masafumi Yamamoto, chief forex strategist at Mizuho Securities in Tokyo.

“The decline by U.S. equities has also slowed, and this has supported the dollar as it shows that the market’s economic prospects remain reasonably good with the Fed preparing to take a more dovish approach.”

The euro was steady at $1.1316.

The single currency had sunk to a 10-day trough of $1.1273 on Monday, also hit by rising concerns about a slowdown in the euro zone economy but made modest gains overnight after a stronger-than-forecast German business confidence survey.

Sterling was effectively flat at $1.3201 after spending the previous day confined to a narrow range when British lawmakers wrested control of the parliamentary agenda from the government for a day in a highly unusual bid to find a way through the Brexit impasse.

British Lawmakers will now vote on a range of Brexit options later on Wednesday, giving parliament a chance to indicate whether it can agree on a deal with closer ties to the European Union.

The Australian dollar, sensitive to shifts in risk sentiment, was 0.1 percent higher at $0.7118 after gaining 0.45 percent the previous day.

The 10-year U.S. Treasury yield stood at 2.417 percent after declining to 2.377 percent on Monday, its lowest since December 2017.

(Editing by Shri Navaratnam)

Source: OANN

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Egypt schedules referendum on constitutional changes

Egypt authorities have scheduled a nationwide referendum on proposed constitutional changes that could see President Abdel-Fattah el-Sissi remain in power until 2030.

Lasheen Ibrahim, chairman of the National Election Authority, says Wednesday the vote will take place Saturday through Monday. He says Egyptian expatriates will vote Friday through Sunday.

Parliament overwhelmingly approved the amendments on Tuesday. They would only extend a president's term in office from four to six years. But they include a special article specific to el-Sissi to extend his current, second term to six years and allow him to run for another six-year term in 2024.

The proposals are seen by critics as another step back to authoritarianism, eight years after a pro-democracy uprising ended autocrat Hosni Mubarak's three-decade rule.

Source: Fox News World

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Fan sues Astros for $1 million over broken finger

FILE PHOTO: MLB: New York Yankees at Houston Astros
FILE PHOTO: Apr 8, 2019; Houston, TX, USA; New York Yankees starting pitcher Masahiro Tanaka (19) pitches against the Houston Astros in the sixth inning at Minute Maid Park. Mandatory Credit: Thomas B. Shea-USA TODAY Sports

April 9, 2019

A Texas woman has sued the Houston Astros for more than $1 million, contending her left index finger was injured permanently last summer when the team mascot shot a giveaway shirt in her direction using a “T-shirt cannon.”

Jennifer Harughty said she was sitting behind third base last July 8 when the mascot, Orbit, launched a T-shirt at close range, resulting in a broken finger.

“It was a life-changing event that I think if it happened to anybody else … they would feel the same way,” Harughty told KTRK-TV in Houston.

According to the lawsuit, which was filed Monday, Harughty went to the emergency room after the game and was diagnosed with a severe fracture and told she would need surgery.

Four days later, she had surgery with two screws placed in her finger. Two months later, she underwent a second surgery. According to the lawsuit, Harughty has little to no use of her finger, despite physical therapy.

She is seeking more than $1 million for pain and suffering and wants a jury trial. She said the team is negligent for failing to properly train staff to use the device and for not warning fans of its dangers.

The Astros released a statement on Tuesday.

“The Astros are aware of the lawsuit with allegations regarding Orbit’s T-shirt launcher,” the statement said. “We do not agree with the allegations. The Astros will continue to use fan popular T-shirt launchers during games.

“As this is an ongoing legal matter, we will have no further comment on this matter.”

–Field Level Media

Source: OANN

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No-deal Brexit risk rising again, some banks say

FILE PHOTO: Flags flutter outside the Houses of Parliament in London
FILE PHOTO: Flags flutter outside the Houses of Parliament, ahead of a Brexit vote, in London, Britain March 13, 2019. REUTERS/Tom Jacobs

March 22, 2019

(Reuters) – The risk that Britain will crash out of the EU without an agreement is rising again, some banks say, after Prime Minister Theresa May received a two-week reprieve that could be her last chance to arrange an orderly exit.

At the end of January, banks informally canvassed by Reuters saw no-deal probabilities as low but rising. But that risk appeared to have receded after parliament voted to rule out a no-deal Brexit.

But their views have shifted slightly this week after the European Union told May to get lawmakers’ approval for a Brexit deal by April 12, failing which Britain must present a new Brexit plan. In any case it has to leave the EU by May 22 — with or without a plan.

Goldman Sachs, Deutsche, JPMorgan, ING and some other banks have upped probabilities of a no-deal Brexit though they still see a relatively low 10 to 25 percent risk of this outcome. Some such as Goldman also assign a high probability to Britain ultimately opting to staying in the EU.

For an interactive version of the chart below, click here https://tmsnrt.rs/2Ua88yG:

(Reporting by London markets team; Graphic by Ritvik Carvalho; Compiled by Sujata Rao; Editing by Hugh Lawson)

Source: OANN

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Greece: Acropolis closed for the day after lightning strike

Authorities in Greece have closed the Acropolis in Athens to visitors for the day due to a severe weather warning, a day after a lightning strike at the ancient site left four people injured.

The Culture Ministry said it ordered the closure Thursday after the country's civil protection agency said a thunderstorm with heavy rainfall was expected in the capital.

On Wednesday, two visitors and two guards were slightly injured in the lightning strike at the the country's most famous ancient site. A culture ministry statement said the citadel's lightning conductor, which is set apart from the 2,500-year-old marble buildings, was hit. The impact shattered glass windows nearby, and the guards inside as well as two female visitors were taken to hospital with light cuts.

The monuments suffered no damage.

Source: Fox News World

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Michael Avenatti arrested for trying to extort Nike for up to $25M, SDNY says

Michael Avenatti, porn star Stormy Daniels' former lawyer who briefly considered a bid for president, is set to be charged Monday for allegedly trying to extort Nike for $15-$25 million, officials at the U.S. District Court for the Southern District of New York said.

Avenatti, who Fox News confirmed was taken into custody Monday, allegedly tried to extort the massive sports apparel company "by threatening to use his ability to garner publicity to inflict substantial financial and reputational harm on the company if his demands were not met," prosecutors alleged.

The counts against him include conspiracy to transmit interstate communications with intent to extort, conspiracy to commit extortion and more. Avenatti is expected to answer to the charges later Monday.

MICHAEL AVENATTI CUTS TIES WITH STORMY DANIELS

A press conference in New York is scheduled for later Monday to discuss the charges against Avenatti. Meanwhile, a second press conference is set in California, where federal authorities are set to announce additional criminal charges against the lawyer for a separate matter. In that case, Avenatti is alleged to have embezzled money from a client to pay expenses for himself and his business ventures.

Earlier Monday, Avenatti tweeted he would be holding a press conference Tuesday to "disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered. This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball."

According to the complaint against him, Avenatti and an unidentified co-conspirator met with attorneys for Nike on March 19 and "threatened to release damaging information" if the company did not agree to make multi-million dollar payments to them, as well as an additional $1.5 million payment to a client Avenatti claimed to represent.

He allegedly told the attorneys that if his demands were not met, he would "go take ten billion dollars off your client's market cap ... I'm not f***ing around."

The complaint said Avenatti threatened to hold a news conference on the eve of Nike's quarterly earnings call and the start of the NCAA tournament to announce allegations of misconduct by Nike employees.

The co-conspirator was identified as an attorney licensed to practice in the state of California, and is "similarly known for representation of celebrity and public figure clients." Meanwhile, the alleged client was identified as a coach for an amateur athletic union men's basketball program based in California.

Avenatti became famous as the lawyer for Daniels, the porn actress who alleged she had an affair with President Trump. In the last year, the duo became household names in their fight against Trump, dominating cable news shows for months and taunting the president in interviews.

Before Avenatti began representing Daniels in February 2018, he was virtually unknown outside of the California legal community. But in a matter of months, he had become known as a no-holds-barred lawyer with a media style -- and a penchant for tweeting -- similar to Trump's.

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Avenatti had toyed with a 2020 presidential run as a Democrat -- he even visited Iowa at one point -- but ultimately ruled that out. He also was involved in another high profile case, representing dozens of parents whose children were separated from them at the U.S. border as a result of the Trump administration's immigration policies. More recently, he's been representing women who said they were sexually abused by R&B star R. Kelly.

The Associated Press contributed to this report.

Source: Fox News National

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Baltimore City Council calls on embattled Mayor Catherine Pugh resign immediately

Baltimore Mayor Catherine Pugh, who last week took an indefinite leave of absence from office amid an ongoing book controversy, has been called to step down immediately by the city council.

The 14 members of the Baltimore City Council sent a two-sentence letter to Pugh on Monday to urging her to resign, effective immediately. All members of the city council except acting mayor Bernard C. "Jack" Young signed the letter.

“The entire membership of the Baltimore City Council believes that it is not in the best interest of the City of Baltimore for you to continue to serve as Mayor,” the council members wrote to Pugh. “We urge you to tender your resignation, effective immediately.”

BALTIMORE MAYOR'S $500G DEAL FOR 'HEALTHY HOLLY' CHILDREN'S BOOKS DRAWS SCRUTINY

Copies of the letter were also sent to City Solicitor Andre Davis, Pugh’s chief of staff Bruce Williams, the city’s senators and delegates in the Maryland General Assembly and Young.

Pugh is under fire after she reportedly received $500,000 from the University of Maryland Medical System for her self-authored “Healthy Holly,” a children’s book series.

The university paid Pugh for 100,000 copies of her books between 2011 and 2018 while she was on its board. The books were intended to go to schools and day care centers, however, some 50,000 copies remain unaccounted for and may never have been printed, the Baltimore Sun reported.

BALTIMORE MAYOR CATHERINE PUGH TAKES INDEFINITE LEAVE OF ABSENCE AMID BOOK CONTROVERSY

The state prosecutor opened an investigation earlier this month into the books’ sales, the Baltimore Sun reported.

Pugh announced last Monday she was taking an indefinite leave of absence to recover from a bout of pneumonia for which she was hospitalized for five days. Her spokesman told the Baltimore Sun on Saturday that Pugh intends to return to her post once her health has sufficiently improved.

This statement appeared to prompt the City Council to urge her to step down.

“Baltimore will continue to have a cloud over its head while the investigations into Mayor Pugh’s business dealings go on,” Councilman Brandon Scott said in a statement. “My colleagues and I understand the severity of the action we have taken, but know that it’s what’s the best for Baltimore.”

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Councilman Zeke Cohen said while the move was “unprecedented,” it is the best course for Baltimore.

Pugh, at a news conference last week, described the book deal with the university-based health care system as a "regrettable mistake," and apologized for "any lack of confidence or disappointment" citizens and colleagues may have felt.

Pugh has not commented on the city council’s letter.

Fox News' Nicole Darrah contributed to this report.

Source: Fox News National

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Representatives of Russian Transneft, Ukranian Ukrtransnafta, Polish Pern and Belarusian Belneftekhim gather to hold talks on fixing tainted oil supplies to Europe, in Minsk
Representatives of Russian Transneft, Ukranian Ukrtransnafta, Polish Pern and Belarusian Belneftekhim gather to hold talks on fixing tainted oil supplies to Europe, in Minsk, Belarus April 26, 2019. REUTERS/Vasily Fedosenko

April 26, 2019

By Katya Golubkova and Andrei Makhovsky

MOSCOW/MINSK (Reuters) – Russia is confident it can soon resolve a problem of polluted Russian oil contaminating a major pipeline serving Europe and affecting supplies as far west as Germany, a senior official said on Friday at talks with importers about the issue.

Russian Deputy Energy Minister Pavel Sorokin did not give a precise timeframe but Moscow has previously said it would pump clean oil to the border with Belarus from April 29, seeking to end a crisis hitting the world’s second-largest crude exporter.

Sorokin was speaking at talks with officials from Belarus, Poland and Ukraine in Minsk on the issue. Belarus said the issue had cost it $100 million, while analysts say alternative supply routes for refiners cannot fully fill the gap.

Poland, Germany, Ukraine and Slovakia have suspended imports of Russian oil via the Druzhba pipeline. Halting those supplies has knock-on effects further along the network.

The problem arose last week when an unidentified Russian producer contaminated oil with high levels of organic chloride used to boost oil output but which must be separated before shipment as it can destroy refining equipment.

Russia’s Energy Ministry said pipeline monopoly Transneft and other Russian companies had a plan to mitigate the effects of the contaminated oil. It did not give details.

Russian officials have said contaminated oil has already been pumped into storage in Russia and Friday’s talks would focus on how to partially withdraw the tainted crude from the Druzhba pipeline running via other countries.

The suspension cuts off a major supply route for Polish refineries owned by Poland’s PKN Orlen and Grupa Lotos, as well as plants in Germany owned by Total, Shell, Eni and Rosneft.

Some refiners have outlined plans for alternative supplies, but analysts say other routes cannot meet the shortfall.

OIL PRICES

Ukraine’s Ukrtransnafta suspended the transit of oil through the pipeline on Thursday, closing supplies via Druzhba’s southern route to Slovakia, the Czech Republic and Hungary.

The pipeline issue, which has supported global oil prices, lifted Russian Urals crude differentials to an all-time high on Thursday.

With pipeline supplies to Europe shut, Russia faces a challenge of how to divert about 1 million barrels per day (bpd) that was meant to be shipped through the network to other destinations at the time when export capacity is at its limits.

State-run Russian Railways held talks with energy firms on using up to 5,000 rail tankers to transport crude, RIA news agency reported on Friday.

Concerns about the quality of Urals crude also caused delays in loadings at the Baltic port of Ust-Luga, when buyers refused to lift cargoes, resulting in a brief shutdown of the port on Wednesday and Thursday. An Ust-Luga official and traders said on Friday loadings had resumed.

Russian loading plans indicate it aims to boost Urals exports in May before the expiry of a deal on output cuts agreed with the Organization of the Petroleum Exporting Countries and its allies, Reuters calculations and Energy Ministry data show.

The provisional loading plan for Russia’s Baltic Sea ports and Novorossiisk in May show exports rising to 10.7 million tonnes, the highest level in half a decade.

Minsk estimated its loss from lower oil product exports due to contaminated Russian oil at around $100 million, Russia’s Interfax news agency reported on Thursday, citing Belarusian state oil company Belneftekhim.

Russian Deputy Prime Minister Dmitry Kozak, in charge of government energy policy, said this week that those found responsible for contaminating the oil could be fined. He did not provide names.

(Reporting by Agnieszka Barteczko in WARSAW, Sandor Peto in BUDAPEST, Jason Hovet in PRAGUE, Matthias Williams and Natalia Zinets in KIEV, Katya Golubkova, Olesya Astakhova, Gleb Gorodyankin, Olga Yagova and Maxim Rodionov in MOSCOW, Andrei Makhovsky in MINSK; writing by Katya Golubkova; editing by Michael Perry and Edmund Blair)

Source: OANN

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FILE PHOTO - A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat
FILE PHOTO: A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave/File Photo

April 26, 2019

(Reuters) – India has once again delayed the implementation of higher tariffs on some goods imported from the United States to May 15, a government official said on Friday.

The new tariff structure was to come into force from May 2, the spokeswoman said without citing reasons for the delay.

Angered by Washington’s refusal to exempt it from new steel and aluminum tariffs, New Delhi decided in June last year to raise the import tax from Aug. 4 on some U.S. products including almonds, walnuts and apples.

But since then, New Delhi has repeatedly delayed the implementation of the new tariff.

Trade friction between India and the U.S. has escalated after U.S. President Donald Trump announced plans earlier this year to end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to the United States.

In a further blow, U.S. on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions, ending six months of waivers which allowed Iran’s eight biggest buyers including India to continue importing limited volumes.

(Reporting by Manoj Kumar in New Delhi and Kanishka Singh in Bengaluru; Editing by Anil D’Silva and Raissa Kasolowsky)

Source: OANN

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One of Joe Biden’s newly-hired senior advisers has seemingly had a very recent change of heart.

Symone Sanders, a prominent Democratic strategist and Sen. Bernie Sanders, I-Vt., staffer in 2016, was announced as one of the big-name members of Team Biden on Thursday.

But Sanders, who has also served as a CNN contributor, is seen in resurfaced footage from November 2016 expressing her opposition to a white person leading her party after Donald Trump’s election.

“In my opinion, we don’t need white people leading the Democratic party right now,” Sanders told host Brianna Keilar during a discussion on Howard Dean potentially becoming DNC chairman.

BIDEN HIRES FORMER BERNIE SANDERS’ SPOKESPERSON AS SENIOR ADVISER

“The Democratic party is diverse, and it should be reflected as so in leadership and throughout the staff, at the highest levels. From the vice chairs to the secretaries all the way down to the people working in the offices at the DNC,” she said.

Sanders wrapped up her remarks by saying: “I want to hear more from everybody. I want to hear from the millennials and the brown folks.”

Footage of the interview was resurfaced by RealClearPolitics.

After news of her hiring broke on Thursday, Sanders backed her new boss on Twitter.

TRUMP ASSESSES 2020 DEMS; TAKES SWIPES AT BIDEN, SANDERS; DISMISSES HARRIS, O’ROURKE; SAYS HE’S ROOTING FOR BUTTIGIEG

“@JoeBiden & @DrBiden are a class act. Over the course of this campaign, Vice President Biden is going to make his case to the American ppl. He won’t always be perfect, but I believe he will get it right,” she wrote.

The hiring of Sanders has been viewed as another indication of the expected tough fight that Biden and Sanders are in for as the two frontrunners battle a deep Democratic field.

While Sanders himself didn’t torch Biden as he jumped into the race, it’s clear that many of his progressive supporters view the former vice president as a threat.

Biden’s entry into the race – at least in the early going – sets up a battle between himself and Sanders, who thanks to his fierce fight with eventual nominee Hillary Clinton for the 2016 Democratic nomination, enjoys name ID on the level of the former vice president.

BIDEN VOWS THAT ‘AMERICA IS COMING BACK,’ SPARKING ‘MAGA’ COMPARISONS

Justice Democrats — who also called Biden “out-of-touch” – is an increasingly influential group among the left of the party. They’ve championed progressive Rep. Alexandria Ocasio-Cortez of New York as well as Sanders. The group was founded by members of Sanders 2016 presidential campaign.

Biden has pushed back against the perception that he’s a moderate in a party that’s increasingly moving to the left. Earlier this month he described himself as an “Obama-Biden Democrat.”

And Biden said he’d stack his record against “anybody who has run or who is running now or who will run.”

Former Democratic National Committee chair Donna Brazile – a Fox News contributor – highlighted that “Joe Biden can occupy his own lane in large part because he’s earned it. He’s earned the right to call himself whatever.”

CLICK HERE TO GET THE FOX NEWS APP

But she emphasized that “elections are not about the past, they’re about the future…I do believe he has the right ingredients. The question is can he find enough people to help him stir the pot.”

Fox News Andrew O’Reilly contributed to this report.

Source: Fox News Politics

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Baltimore Mayor Catherine Pugh, who is facing increased calls for her immediate resignation, remains in poor health and is not “lucid” enough to decide whether to step down, her attorney told reporters late Thursday.

Steve Silverman, speaking outside one of Pugh’s residences which was raided by the FBI and IRS earlier in the day, said the embattled city leader could make a decision as early as next week.

“She is leaning toward making the best decision in the best interest in the citizens of Baltimore City,” he said, adding that Pugh has “several options” to consider.

“She just needs to be physically and mentally sound and lucid enough to make appropriate decisions.”

BALTIMORE MAYOR CATHERINE PUGH, ON LEAVE AMID BOOK PROBE, HAS HOMES AND CITY HALL OFFICE RAIDED BY FEDS

Silverman said Pugh met with a doctor at home Thursday and plans to do so again Friday, the Baltimore Sun reported.

In the latest image-tarnishing scandal for struggling Baltimore, the first-term Democratic mayor faces accusations that she used children’s book deals to cover up kickbacks for favorable treatment as a state lawmaker and city leader that earned her roughly $800,000 over several years.

BALTIMORE’S ACTING MAYOR SAYS HE ‘WOULD HATE TO SEE’ EMBATTLED MAYOR RETURN AFTER BOOK SCANDALS

As a state senator, 69-year-old Pugh sold $500,000 worth of her self-published “Healthy Holly” illustrated paperbacks to the University of Maryland Medical System, a major state employer whose board she sat on for nearly 20 years.

Baltimore police officers stand outside the house of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Pugh and also in City Hall. (AP Photo/Jose Luis Magana)

Baltimore police officers stand outside the house of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Pugh and also in City Hall. (AP Photo/Jose Luis Magana)

UMMS reportedly paid Pugh for 100,000 copies of her books between 2011 and 2018 with the stated intention of distributing the books to schools and day care centers. But some 50,000 copies remain unaccounted for and officials are probing if they were even printed.

Pugh also made $300,000 in bulk sales to other customers including health carriers that did business with the city of Baltimore.

BALTIMORE CITY COUNCIL CALLS ON EMBATTLED MAYOR CATHERINE PUGH TO RESIGN IMMEDIATELY

The politically isolated Pugh slipped out of sight on April 1 after a hastily organized press conference where she called her no-contract book deals a “regrettable mistake.” That same day, Maryland’s governor called on the state prosecutor to investigate allegations of “self-dealing.”

Pugh took an indefinite leave of absence, citing her health deteriorating intensely after a bout with pneumonia.

Federal agents arrive at the Maryland Center for Adult Training in Baltimore. MD, Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall, as well as the office of her lawyer and the home of a top aide.

Federal agents arrive at the Maryland Center for Adult Training in Baltimore. MD, Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall, as well as the office of her lawyer and the home of a top aide. (Loyd Fox/Baltimore Sun via AP)

On Thursday morning, agents with the FBI and IRS searched her two Baltimore homes, her City Hall offices, and a nonprofit organization she once led. The home of at least one of Pugh’s aides was also scoured.

Silverman said federal agents also served a subpoena at his law firm, retrieving Pugh’s original financial records. They did not seek any attorney-client privileged communications, he said.

Pugh’s attorney said she was “emotionally extremely distraught” following the searches by FBI and IRS agents.

“There was nothing incriminating that came out of her home,” Silverman said.

UMMS spokesman Michael Schwartzberg told reporters that the medical system received a grand jury witness subpoena seeking documents and information related to Pugh.

Other probes against Pugh include a review by the city ethics board and the Maryland Insurance Administration.

BALTIMORE MAYOR’S $500G DEAL FOR ‘HEALTHY HOLLY’ CHILDREN’S BOOKS DRAWS SCRUTINY

In recent weeks, the calls for Pugh’s resignation have intensified with the strongest voice coming from Republican Gov. Larry Hogan, who did not mince words after Thursday’s early morning raids.

“Now more than ever, Baltimore City needs strong and responsible leadership. Mayor Pugh has lost the public trust,” he said. “She is clearly not fit to lead. For the good of the city, Mayor Pugh must resign.”

Federal Bureau of Investigation, and Internal Revenue Service agents search the home of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall.

Federal Bureau of Investigation, and Internal Revenue Service agents search the home of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall. (Jerry Jackson/Baltimore Sun via AP)

Many of her fellow Democrats, including those on Baltimore’s demoralized City Council and state lawmakers, are also insisting that Pugh put the citizens’ interests above any attempt to preserve her political career.

City Council member Brandon Scott called the Thursday raids “an embarrassment to the city.”

However, only a conviction can trigger a mayor’s removal from office, according to the city solicitor. Baltimore’s mayor-friendly City Charter currently provides no options for ousting its executive.

Six of Pugh’s staffers joined her on paid leave earlier this month; three of them were fired this week by the acting mayor.

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Pugh came to office in late 2016 after edging out ex-Mayor Sheila Dixon, who had spent much of her tenure fighting corruption charges before being forced to depart office in 2010 as part of a plea deal connected to the misappropriation of about $500 in gift cards meant for needy families.

She would certainly face a bruising 2020 Democratic primary if she were to return and run for reelection. Veteran City Council leader Bernard “Jack” Young, who is serving as acting mayor, said as she went on leave that he would merely be a placeholder. But this week, before the raids, he said “it could be devastating for her” if she tried to return.

The Associated Press contributed to this report.

Source: Fox News National

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Syria’s ambassador to the United Nations has blasted the United State and the European Union for imposing sanctions on his country, describing them as “economic terrorism.”

Bashar Ja’afari made his comments Friday in the Kazakh capital of Astana where Russia, Turkey and Iran held a new round of talks with the Syrian government and the opposition on steps to bring peace to the country.

His comments came as government-held parts of Syria are witnessing widespread fuel shortages that are largely the result of Western sanctions on Syria and its key ally Iran.

Ja’afari says: “This is economic terrorism that is escalating through unilateral economic measures.”

A final statement issued at the end of Astana’s 12th round rejected President Donald Trump’s formal recognition of Israel’s sovereignty over Syria’s occupied Golan Heights.

Source: Fox News World

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