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Germany extends African missions another year

Chancellor Angela Merkel's Cabinet has approved extending Germany's military missions in Africa for another year.

The dpa news agency reported Wednesday that that includes German troops taking part in a European Union training mission in Mali known as EUTM, and the United Nations "Minusma" peacekeeping force there.

Dpa reports the Cabinet also plans to extend Germany's commitment to the EU's anti-piracy mission Atalanta that operates off the Horn of Africa, but to reduce its maximum troop numbers from 600 to 400. There are currently 80 troops taking part.

Germany currently has some 180 troops involved in the EUTM mission, with a maximum of 350. A further 900 are in Mali and Niger as part of the Minusma force, with a maximum of 1,100.

Those troop commitments are to remain unchanged.

Source: Fox News World

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Video: Beto Says White Babies Owe Reparations

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Report: Apple Investor Buffett Uses Vintage Flip Phone

His multinational holding company owns a chunk of Apple, but Berkshire Hathaway's billionaire founder Warren Buffett still uses a $20 flip phone.

The Oracle of Omaha showed off his vintage technology Thursday during a talk at The Gatehouse's Hands Up for Success luncheon, CNBC reported.

"Here's my phone, incidentally. Alexander Graham Bell lent it to me, and I forgot to return it," Buffett joked about his Samsung SCH-U320, which sells for between $20-$30 on Ebay, the news outlet reported.

Although Apple is Berkshire's largest investment — it holds 5.5 percent of the tech company — Buffett does not have hands-on experience with its product line, and has yet to set up an iPhone X, CNBC reported.

He does use an iPad to poke around for stock prices and research, the news outlet reported.

"A fellow sent me a '10' the other day, but I'm not using it yet," Buffett said, CNBC reported. 

"Very nice fellow. He even explained it. I think he pretended he was writing to a 3-year-old child. He wrote me this very nice letter and explained what to do with it — how it wouldn't bite me or anything like that. I'm kind of screwing up my courage here and one of these days, I'll move."

Source: NewsMax America

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Pregnant Florida woman allegedly stabbed boyfriend for looking at picture of another woman, cops say

A pregnant Florida woman allegedly stabbed her boyfriend for looking at a photo of another woman on his friend’s cellphone, officials said Friday.

Julitza Emily Gonzalez, 25, was arrested Thursday and charged with aggravated battery with a deadly weapon after officers responded to a report of a stabbing at a Zephyrhills home, according to the Pasco County Sheriff’s Office.

FLORIDA DOG FOUND WITH MOUTH TAPED SHUT ADOPTED BY SHERIFF'S OFFICE, 'DEPUTIZED'

Gonzalez was in the room when her boyfriend’s roommate showed him a photo of a woman the roommate wanted to date, FOX13 News reported, citing an arrest report. The boyfriend looked at the picture, which reportedly sparked an argument between him and his pregnant girlfriend.

The roommate left the room but the shouting continued and the roommate told investigators he started to hear someone go through drawers in the kitchen, according to the station.

The next time he was seen, the boyfriend then ran into his roommate’s room with a stab wound in his stomach. The alleged victim told his roommate, “That b---h stabbed me,” officials said.

Gonzalez entered the room after him and asked, “Why would you look at that girl on the phone?” FOX13 News reported, citing the arrest report.

Investigators discovered a blood-soaked 5-inch kitchen knife, deputies said. Gonzalez denied stabbing her boyfriend and said he might have fallen on the knife instead, the station reported.

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The stabbing victim’s condition wasn’t immediately clear.

Source: Fox News National

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Macron vows to rebuild Notre Dame in 5 years as dramatic firefighter footage is released

French President Emmanuel Macron vowed Tuesday to rebuild the badly burned Notre Dame Cathedral in five years, as dramatic footage was released showing the heroism of firefighters who battled the blaze for hours.

“We will rebuild Notre Dame even more beautifully and I want it to be completed in five years," Macron said in a televised address to the nation. "We can do it."

NOTRE DAME CATHEDRAL DONATIONS SWELL PAST $700 MILLION MARK

“It is up to us to change this disaster into an opportunity to come together, having deeply reflected on what we have been and what we have to be and become better than we are. It is up to us to find the thread of our national project," he said.

Macron added that Monday's inferno "reminds us that our story never ends. And that we will always have challenges to overcome. What we believe to be indestructible can also be touched."

Macron's comments came one day after a fire raged through the cathedral for more than 12 hours, ultimately destroying its spire and roof but sparing its twin medieval bell towers. As the blaze roared, there was a frantic effort to rescue the monument's "most precious treasures," including the Crown of Thorns said to have been worn by Jesus.

NOTRE DAME'S GOLDEN ALTAR CROSS SEEN GLOWING AS IMAGES EMERGE FROM INSIDE SHOWING FIRE-RAVAGED CATHEDRAL

Also surviving was the Roman Catholic cathedral’s famous 18th century organ that boasts more than 8,000 pipes. Statues removed from the roof for restoration just days before were spared. The cathedral’s high altar was damaged by falling debris when the spire collapsed, an official said.

Although authorities consider the fire an accident, possibly as a result of restoration work at the global architectural treasure that survived almost 900 years of French history, Paris prosecutor Remy Heitz said the inquiry into what caused the fire would be “long and complex.”

Fifty investigators were working on it and are expected to interview workers from five companies hired for the renovations to the cathedral’s roof, where the flames first broke out.

Among those will likely be Julien Le Bras.

The young construction boss bragged about his company's ability to protect historic sites when he landed the lucrative $5.6 million deal to repair the famed cathedral's spire.

Bras, 32, owns the company Le Bras Freres. He has boasted in the past that "our first thought is to protect the values of historical buildings" and that "it's in our DNA."

The Daily Mail reported Tuesday that workers from his company are being questioned by investigators.

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As the probe into what happened continues, the Paris Fire Brigade shared dramatic footage of the roof of the cathedral engulfed in flames and billowing clouds of smoke. The incredible video also shows firemen and women racing into the burning building to save it from destruction.

The Associated Press contributed to this report. 

Source: Fox News World

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How I Knew Russia Collusion Was a Lie From the Start

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From the beginning, I repeatedly said the charge that the Trump campaign colluded with the Russian government to defeat Hillary Clinton in the 2016 presidential election was a lie. The president's description of it as a "witch hunt" was accurate.

I regularly acknowledged that I was putting my credibility on the line by stating that it was all a hoax. But how did I know that? After all, I wasn't privy to any confidential intelligence.

One answer is I used common sense. The Trump-Russia collusion charge and the Donald-Trump-is-an-agent-of-the-Kremlin charge struck me -- and tens of millions of other Americans -- as absurd. Vladimir Putin's influence on the 2016 election was negligible, and as president, Trump has been harder on Russia -- in supporting Ukraine's anti-Russian government, in fighting Syria's pro-Russian government and in confronting Iran's pro-Russian regime -- than Barack Obama was.

But the biggest reason I never believed the Russian collusion charge was that the charge emanated from the left. And the left lies about everything. Truth is a liberal value, and truth is a conservative value, but it has never been a left-wing value. People on the left say whatever advances their immediate agenda. Power is their moral lodestar; therefore, truth is always subservient to it.

The left wanted to undo the 2016 presidential election from the day Trump won. So they made up the Russian collusion story. This was obvious to every conservative -- except for "Never Trumpers," who, with regard to Trump, have been indistinguishable from the left and were therefore as prepared as any leftist to believe the Trump-Russia collusion tale. We conservatives knew that a) the left wanted to invalidate the election and b) the left lies when it is in their interest to do so. So we knew the collusion charge was a fabrication.

We also suspected that the collusion hoax may well have been an effort to divert attention from the real crimes here: American intelligence agencies' being used to spy on a presidential candidate for the first time in American history; getting Clinton off the hook for her illegal use of a private server while secretary of state; her use of that office to enrich herself and her husband; and her destruction of the evidence once her hidden emails were subpoenaed.

If you always doubt a leftist claim, you will almost always be closer to the truth. I employed that rule in concluding the collusion story was a fraud, and it served me well.

Name the issue and you will likely find a left-wing lie. The left claims our universities are saturated by a "culture of rape." Not only is that a lie, but deep down, leftists know it's a lie. The proof? Every left-wing parent who speaks about the "culture of rape" on college campuses sends his or her daughter to college. As no parents would ever send their daughter to an actual rape culture, left-wing parents who send their daughters to college know it is not really a rape culture. They say it is a rape culture solely to buttress the feminist argument that American males are misogynists and to provide young women with the highest status in the left-wing value system: victim.

Although I haven't been a student or taught at a college in many decades, that's how I knew American colleges were not rape cultures. I knew it because the left said they were. Again, just assume the left is lying and you will be close to arriving at the truth.

How do I know there are only two sexes? The most obvious reason is, again, common sense. But the second most powerful reason is the left denies there are only two sexes and claims there is no such thing as sex, only subjective "gender." Last week, a writer for the left-wing magazine The Nation defended the victory of two high school male-bodied trans women who defeated all the female-bodied women in a Connecticut track competition -- because, in his words, "trans women are in fact women."

Now, we all know trans women are not in fact women, that they are biologically men who regard themselves as women. And in private life, I have no problem treating trans women as women if they look and dress female and take on a female name. But it is completely unjust to have them compete against born females in sports. They are not in fact women; they consider themselves women despite the facts. Again, assuming the left is lying to advance its agenda leads one to truth.

When the left tells us the Earth has 12 years left because of global warming, I assume they are not telling the truth. One bit of proof is that almost no one on the global-warming-will-destroy-life left advocates the safest, cheapest and most practical non-fossil-based source of energy: nuclear power. If they really believed life was existentially threatened by fossil-based fuel, they would be building nuclear reactors as fast they could make them. One reason I haven't believed man-made global warming will destroy the Earth is that the left does.

So, while the latest left-wing lie -- Trump-Russia collusion -- is now exposed, there is little to cheer about. Without missing a beat, the left -- the Democratic Party, the media and academia -- will move on to another lie.

And there will be no soul-searching on the part of the media or the rest of the left.

Why won't there be? Because no leftist acknowledges the collusion story was a lie.

Truth has never been a left-wing value. Like "gender," it is whatever you want it to be.

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NRA sues its main ad agency for allegedly withholding billing information

The National Rifle Association filed a lawsuit Friday in Virgina against Ackerman McQueen, the Oklahoma-based ad agency that runs NRATV, accusing the contractor of withholding billing statements and alleging an inappropriate financial relationship between the NRA’s president and the advertising firm

ANDREW CUOMO USING BANKS TO TARGET NRA, FACES MAJOR LEGAL TEST

Ackerman McQueen was first contracted by the NRA in the 1980s. In 2016, the ad agency launched NRATV, which has been “perceived by the public as the voice of the N.R.A.,” according to the lawsuit. The NRA complaint alleges that the ad agency failed to provide adequate information over how Ackerman McQueen spent about $40 million paid by the NRA in 2017.

The lawsuit states that Ackerman McQueen only partially complied or “badly ignored” requests for backing paperwork on bills to the NRA, despite being contractually obligated to share these financial records. The complaint also claims Ackerman McQueen failed to reveal information regarding a separate contract with NRA President Oliver North.

North, who took over as president of the gun rights organization in 2018, allegedly had a contract to host a web series for Ackerman McQueen, The New York Times reported. The NRA claims the ad firm refused to hand over details regarding the contract for six months and raised questions over whether the messaging of the NRA has veered away from solely gun rights.

"This flagrant misrepresentation, along with other false claims, serve as the foundation of malicious intent exemplified by this lawsuit," Ackerman McQueen said in a statement.

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Ackerman McQueen said the NRA’s outside attorney William Brewer has a conflict of interest in this case because he is both the son-in-law of Angus McQueen and the brother-in-law of Revan McQueen, who are both executives at the ad firm.

Ackerman McQueen said in a statement Monday that an NRA forensic auditing firm received every piece of information it requested during a three-week review.

“This flagrant misrepresentation, along with other false claims, serve as the foundation of malicious intent exemplified by this lawsuit,” Ackerman McQueen’s statement says.

The Associated Press contributed to this report.

Source: Fox News National

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

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