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PG&E seeks higher cost of capital on increased wildfire risk

FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise
FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage

April 22, 2019

(Reuters) – California utility PG&E Corp said on Monday it submitted a proposal with the California Public Utilities Commission (CPUC), which if approved, would result in an increase of about 7 percent in monthly bill for some electricity customers.

The company has proposed a $1.2 billion increase in its currently approved cost of capital to address the heightened wildfire risk in California and for investment in infrastructure safety.

PG&E filed for bankruptcy protection in January in anticipation of liabilities from the California wildfires, including the catastrophic 2018 Camp Fire that killed 85 people.

The increase will not affect customers on the company’s discount plan.

The proposal will also boost PG&E’s return on equity (ROE) to 16 percent from 10.25 percent, the company said.

If approved, the average residential gas customer would see their monthly bill go up by 7.7 percent, effective Jan. 1.

The company said it expects the current plan to help fund about $28 billion in energy infrastructure investments over the next four years.

Separately, Southern California Edison (SoCal) on Monday urged the CPUC to include a wildfire risk component in setting the company’s cost of capital for operations for a three-year period, starting 2020.

SoCal, which is owned by Edison International, earlier this month, requested the Federal Energy Regulatory Commission for an ROE of 17.12 percent, including incentives and investments in new technologies and clean energy projects.

Investigators have found that the devastating Thomas Fire in northwest of Los Angeles was sparked by power lines owned by SoCal.

(Reporting by Shanti S Nair in Bengaluru; Editing by Sriraj Kalluvila)

Source: OANN

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US will ‘put tariffs on $11 billion of EU products’ – Trump

US President Donald Trump has vowed to impose import tariffs on $11 billion worth of goods from the European Union after the World Trade Organization (WTO) ruled EU subsidies to Airbus caused “adverse effects” to the US.

Earlier this week, the US Trade Representative (USTR) said Washington was mulling tariffs on a wide range of European exports to the US, including large commercial aircraft and parts, as well as wine, cheese, and dairy products.

The US threat has been sharply criticized by EU officials, who said the figure of $11 billion was “greatly exaggerated.” The bloc is reportedly weighing retaliatory measures against the US over Boeing subsidies. Airbus said it saw no legal basis for Washington’s move and warned of deepening transatlantic trade tensions.

The US filed its first WTO complaint against illegal subsidies provided by the EU to Airbus 15 years ago. Washington accused the European aircraft manufacturer of benefitting from the state aid. For more than a decade the sides have been involved in litigation over the issue, with Brussels making identical accusations against US subsidies for Boeing.

This is the latest chapter in the escalating trade tensions between Washington and Brussels which started shortly after Donald Trump took office in early 2017.

After ending negotiations on the Transatlantic and Investment Partnership (TTIP), the proposed trade agreement between the US and EU, Trump imposed steel and aluminum tariffs on the EU and a number of other countries. The EU placed retaliatory levies on €2.8 billion worth of US goods, including bourbon whiskey, motorcycles, jeans and orange juice.



Will Johnson presents a video and breaks down how a female was attacked by a leftist simply for wearing her ‘Make America Great Again’ hat.

Source: InfoWars

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French Right Furious Over Plans to Rebuild Notre Dame With Modern Materials

Conservative French politicians are outraged over President Emmanuel Macron’s suggestion that modern materials like steel, titanium and carbon be used in the reconstruction of Notre Dame as the president seeks to fulfill his promise of finishing the project within five years.

Marine Le Pen, leader of the Rassemblement National, the right-wing party formerly known as the National Front, lashed out at her former presidential rival on Twitter. Responding to a tweet by French PM Edouard Philippe about an international architectural competition to replace the 19th-century spire, which collapsed during the fire, Le Pen tweeted #Touchepasnotredame – or hands off Notre Dame.

In his tweet, the PM questioned whether the spire should be made out of the same materials, or whether it should even be rebuilt at all.

According to the FT, Macron’s promise to rebuild the cathedral within five years would probably be impossible if builders had to source, season and fit the type of massive oak beams used in the original construction.


Leo Zagami joins Alex Jones live via Skype to break down the speculation surrounding the discovery of a mysterious figure on live television cameras walking across a very high level of the Cathedral while the spire and wooden elements burned on the other side of the great Notre Dame.

Meanwhile, Jordan Bardella, a 23-year-old rising star of the far-right who is leading the RN into the European elections in May, mocked the idea of a contemporary roof for the cathedral, instead demanding an “identical” reconstruction while condemning the prospect of “some awful piece of contemporary art, modern art.”

Bardella told a French television station: “We have to stop the madness now. France’s heritage deserves the utmost respect.”

But Le Pen and RN weren’t the only ones attacking Macron over his suggestion.

Laurent Wauquiez, leader of the Republicans, the party of former prime minister Nicolas Sarkozy, also demanded that the reconstruction be identical to the original, while Francois-Xavier Bellamy, the head of his party’s list for May’s European Parliament elections, suggested that Macron and his ministers were guilty of arrogance and haste in trying to second-guess experts for the rebuilding of the cathedral.

As the FT pointed out, the controversy echoed the battle over the modernization of the Louvre museum in the 1980s under Francois Mitterrand, when glass pyramids were commissioned for the space between two wings of the museum.

Already, French billionaires, Apple Inc., and a host of others from the private sector have pledged some €800 million ($900 million) to help restore Notre Dame after the devastating Holy Week fire that destroyed the roof and much of the exterior of the cathedral. Though this outpouring of wealth has aggravated members of the gilet jaunes movement, who attacked the donors for doing nothing to alleviate the social ills that inspired the movement.

As the French government, which is responsible for the cathedral, tries to put together a plan for the reconstruction, we imagine these issues will only intensify.


Leo Zagami joins Alex Jones live via Skype to lay out how the Notre Dame fire may be an occult ritual, predicted by Nostradamus in one of his infamous quatrains.

Source: InfoWars

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Houston, Sampson agree on extension

FILE PHOTO: NCAA Basketball: NCAA Tournament-Midwest Regional Practice
FILE PHOTO: Mar 28, 2019; Kansas City, MO, United States; Houston Cougars head coach Kelvin Sampson speaks during a press conference for the midwest regional of the 2019 NCAA Tournament at Sprint Center. Mandatory Credit: Denny Medley-USA TODAY Sports

April 4, 2019

Coach Kelvin Sampson has reached an agreement on a long-term contract extension at Houston, the school announced Thursday.

The deal runs through the 2024-25 season. Financial terms were not made public, but school officials previously said they had offered the 63-year-old coach a six-year, $18 million extension.

That deal would make Sampson one of the top 25 highest-paid coaches in the nation.

Sampson guided the Cougars (33-4) to the American Athletic Conference regular-season title and their first Sweet 16 appearance since 1984.

Sampson, who has been at Houston since 2014, reached a restructured deal in 2016 that bumped his annual salary to $1.4 million.

He has a 116-52 record with the Cougars and is 541-279 for his career, which includes previous stints at Washington State (1987-94), Oklahoma (1994-2006) and Indiana (2006-08).

He had been among the list of candidates for the coaching opening at Arkansas.

–Field Level Media

Source: OANN

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Trump Campaign Warns TV Producers About 'Credibility of Certain Guests'

The Trump campaign on Monday warned TV producers about the “credibility of certain guests” following Attorney General William Barr’s summary that special counsel Robert Mueller’s investigation found no evidence of collusion between Trump’s campaign or his associates with Russia during the 2016 presidential election.

The guests included Sen. Richard Blumental, Reps. Adam Schiff, Jerrold Nadler, Eric Swalwell, DNC Chairman Tom Perez and former CIA Director John Brennan.

“Moving forward, we ask that you employ basic journalistic standards when booking such guests to appear anywhere in your universe of productions,” the memo said. “You should begin by asking the basic question: “Does this guest warrant further appearances in our programming, given the outrageous and unsupported claims made in the past?”

Trump campaign director of communications Tim Murtaugh issued the memo.

“At a minimum, if these guests do reappear, you should replay the prior statements and challenge them to provide the evidence which prompted them to make the wild claims in the first place,” Murtaugh added.

Swalwell fired back on Twitter.

“The only person who has been caught lying about Russia is Donald Trump,” Swalwell said. “If he thinks I’ve made a false statement, he can sue me. And I’ll beat him in court.”

Source: NewsMax Politics

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Rome wants Singapore to take part in big investments in Italy: minister

Italian Economy Minister Giovanni Tria attends a final vote on Italy's 2019 budget law at the Lower House of the Parliament in Rome
FILE PHOTO: Italian Economy Minister Giovanni Tria attends a final vote on Italy's 2019 budget law at the Lower House of the Parliament in Rome, Italy, December 29, 2018. REUTERS/Remo Casilli

March 25, 2019

ROME (Reuters) – Italy aims to engage Singapore in big investment projects in the country, the Finance Minister Giovanni Tria said in a statement after meeting his Singaporean counterpart and officials at sovereign wealth funds GIC and Temasek.

Tria will also be in Singapore on Tuesday for an official trip.

(Reporting by Giuseppe Fonte; writing by Francesca Landini; Editing by Toby Chopra)

Source: OANN

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French PM: police will ban ‘yellow vest’ protests if violent groups take part

A man stand in front of a damaged shop on the Champs Elysees avenue during a demonstration by the
FILE PHOTO: A man stand in front of a damaged shop on the Champs Elysees avenue during a demonstration by the "yellow vests" movement in Paris, France, March 16, 2019. Picture taken March 16, 2019. REUTERS/Philippe Wojazer

March 18, 2019

PARIS (Reuters) – France will shut down any anti-government “yellow vest” protest if violent groups are identified taking part with an intent to wreak havoc in Paris and other major cities, the prime minister said on Monday.

“From next Saturday, we will ban ‘yellow vest’ protests in neighborhoods that have been the worst hit as soon as we see sign of the presence of radical groups and their intent to cause damage,” Prime Minister Edouard Philippe said in a televised statement.

Rioters set fire to a bank and ransacked stores on Paris’s Champs Elysees avenue on Saturday, the latest flare-up of violence in four months of protests against President Emmanuel Macron and his pro-business reforms.

(Reporting by Richard Lough)

Source: OANN

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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul
Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul, Afghanistan April 26, 2019. REUTERS/Omar Sobhani

April 26, 2019

By Rupam Jain and Hameed Farzad

KABUL (Reuters) – Afghan President Ashraf Ghani encouraged newly-elected lawmakers to participate in the peace process with the Taliban as he opened on Friday the first session of parliament since a controversial election.

Ghani has invited thousands of politicians, religious scholars and rights activists to an assembly known as a loya jirga next week to discuss ways to end the 17-year war.

Several opposition leaders have said they will boycott the four-day assembly in Kabul, saying it was pulled together without their input and is being used by Ghani as he seeks a second term in a September presidential election.

“We have presented the peace plan on a regular basis and we are committed to it,” Ghani said in the first session since parliamentary elections marred by technical problems, militant attacks and accusations of voting fraud last year.

“Based on this plan, there will be no peace deal and negotiation that does not have the green card of the parliament,” he added.

Officials from the United States and the Taliban have held several rounds of talks to end the Afghan war.

U.S. negotiator, Zalmay Khalilzad, has reported some progress toward an accord on a U.S. troop withdrawal and on how the Taliban would prevent extremists from using Afghanistan to launch attacks as al Qaeda did on Sept. 11, 2001.

The insurgents have so far rejected U.S. demands for a ceasefire and talks on the country’s political future that would include Afghan government officials.

The loya jirga, a centuries-old institution used to build consensus among competing tribes, factions and ethnic groups, is an attempt by Ghani to influence the peace talks and cement his position for a second term, Afghan politicians and Western diplomats say.

Amid growing political divisions in Kabul, opposition politicians have demanded that Ghani step down when his mandate ends next month, and give way to an interim government to oversee peace talks with the Taliban. Ghani has ruled that out.

The country’s top court said last week Ghani can stay in office until the presidential election in September.

(Reporting by Hameed Farzad, Rupam Jain, Editing by Darren Schuettler)

Source: OANN

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Deputy Attorney General Rod Rosenstein Thursday defended special counsel Robert Mueller’s investigation while slamming former President Barack Obama’s administration for being slow to take action on Russian interference in U.S. elections and ex-FBI Director James Comey for telling Congress the agency was investigating collusion between the Trump campaign and Russia.

“Our nation is safer, elections are more secure, and citizens are better informed about covert foreign influence schemes,” Rosenstein said in a speech to the Armenian Bar Association, marking his first public remarks after the Mueller report was released, reports CBS News.

He also pointed out that the investigation revealed a pattern of computer hacking and the use of social media to undermine elections as “only the tip of the iceberg of a comprehensive Russian strategy to influence elections, promote social discord, and undermine America, just like they do in many other countries,” reports The Wall Street Journal.

The Obama administration also made “critical decisions,” including choosing not to publicize the full story about Russian hackers and social media trolling, “and how they relate to a broader strategy to undermine America,” said Rosenstein.

He noted that the Mueller probe began after Comey disclosed during a hearing before Congress that President Donald Trump “pressured him to close the investigation and the president denied that the conversation occurred.”

Rosenstein said two years ago, when he was confirmed, he was told by a Republican senator that he would be in charge of the probe and that he’d report the results to the American people.

However, he said he didn’t promise to do that, because it is “not our job to render conclusive factual findings. We just decide whether it is appropriate to file criminal charges.”

Source: NewsMax Politics

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FILE PHOTO: The Huawei logo is pictured outside its Huawei's factory campus in Dongguan, Guangdong province
FILE PHOTO: The Huawei logo is pictured outside its Huawei’s factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Ben Blanchard

BEIJING (Reuters) – Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China’s Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

News that Britain’s National Security Council, attended by senior ministers and spy chiefs, had agreed on Tuesday to bar Huawei from all core parts of the country’s 5G network and restrict its access to non-core elements was leaked to a national newspaper.

The leak of secret discussions has sparked anger in parliament and amongst Britain’s intelligence community. Britain’s most senior civil servant Mark Sedwill has launched an inquiry and written to ministers who were at the meeting.

“My understanding from London (is) that an investigation has been announced into apparent leaks from the NSC meeting earlier this week,” said Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing.

“To my knowledge there has never been a leak from a National Security Council meeting before and therefore I think it is very important that we get to the bottom of what happened here,” he told Reuters in a pooled interview.

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation. The majority of the ministers at the NSC meeting have said they were not involved, according to media reports.

Hammond said he was unaware of any previous leak from a meeting of the NSC.

“It’s not about the substance of what was apparently leaked. It’s not earth-shattering information. But it is important that we protect the principle that nothing that goes on in national security council meetings must ever be repeated outside the room.”

Allowing Huawei a reduced role in building its 5G network puts Britain at odds with the United States which has told allies not to use its technology at all because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

There have been concerns that the NSC’s conclusion, which sources confirmed to Reuters, could upset other allies in the world’s leading intelligence-sharing network – the Five Eyes alliance of the United States, Britain, Australia, Canada and New Zealand.

However, British ministers and intelligence officials have said any final decision on 5G would not put critical national infrastructure at risk. Ciaran Martin, head of the cyber center of Britain’s main eavesdropping agency, GCHQ, played down any threat of a rift in the Five Eyes alliance.

(Writing by Michael Holden; Editing by Mark Heinrich)

Source: OANN

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President Trump on Friday said “no money” was paid to North Korea for Otto Warmbier, after reports that the U.S. received a $2 million hospital bill from Pyongyang for the late American prisoner’s care.

“No money was paid to North Korea for Otto Warmbier, not two Million Dollars, not anything else. This is not the Obama Administration that paid 1.8 Billion Dollars for four hostages, or gave five terroist[sic] hostages plus, who soon went back to battle, for traitor Sgt. Bergdahl!” Trump tweeted Friday.

NORTH KOREA GAVE US $2M HOSPITAL BILL OVER CARE OF AMERICAN OTTO WARMBIER, SOURCES SAY

The Washington Post first reported that North Korean authorities insisted the U.S. envoy sent to retrieve Warmbier, 21, who was a student of the University of Virginia, sign a pledge to pay the bill before allowing Warmbier’s comatose body to return to the United States. Sources confirmed the bill and the amount to Fox News on Thursday.

Sources told the post that the envoy signed an agreement to pay the medical bill on instructions from the president, but a source told Fox News that the U.S. did not ever pay money to North Korea.

The White House declined to comment when asked on the bill, with Press Secretary Sarah Sanders saying in a statement that: “We do not comment on hostage negotiations, which is why they have been so successful during this administration.”

Meanwhile, the president added: “’President[sic] Donald J. Trump is the greatest hostage negotiator that I know of in the history of the United States. 20 hostages, many in impossible circumstances, have been released in last two years. No money was paid.’ Cheif[sic] Hostage Negotiator, USA!”

Warmbier was on tour in North Korea when he allegedly stole a propaganda sign from a hotel. He was arrested in January 2016 and sentenced to 15 years in prison with hard labor in March 2016. Warmbier, for unknown reasons, fell into a coma while in custody and was held in that condition for an additional 17 months.

North Korean officials did not tell American officials until June 2017 that Warmbier had been unconscious the entire time. He died less than a week after he returned to the U.S. North Korean officials, though, have repeatedly denied accusations that Warmbier was tortured, instead claiming that he had suffered from botulism and then slipped into a coma after taking a sleeping pill.

AMERICAN PRISONERS HELD IN NORTH KOREA ON THEIR WAY HOME AFTER POMPEO VISIT, TRUMP SAYS

Fred and Cindy Warmbier sued North Korea over their son’s death and in December were awarded $501 million in damages – money that the Hermit Kingdom will probably never pay.

While the Warmbiers blamed North Korean leader Kim Jong Un, Trump has said he believes Kim’s claims that he did not know about the student’s treatment.

Trump and Kim have met in two separate summits. The most recent, held in February, ended without an agreement on denuclearization of the Korean Peninsula.

Sen. Rob Portman, R-Ohio, told Fox News: “Otto Warmbier was mistreated by North Korea in so many ways, including his wrongful conviction and harsh sentence, and the fact that for 16 months they refused to tell his family or our country about his dire condition they caused.  No, the United States owes them nothing. They owe the Warmbier family everything.”

Last year, the Trump administration was also able to save three American prisoners held by North Korea. Kim Dong Chul, Tony Kim, and Kim Hak Song were all detained in North Korea. Secretary of State Mike Pompeo brought the three Americans home last May, and said they were all in “good health.”

Fox News’ John Roberts, Rich Edson, Nicholas Kalman, and Mike Emanuel contributed to this report.

Source: Fox News Politics

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