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Body Cam Video They Don’t Want You To See: Arizona Cop Takes Down Knife-Wielding Jihadist

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Source: InfoWars

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Ex-Patriots linebacker Mayo returns as assistant

FILE PHOTO: New England Patriots Jerod Mayo speaks to reporters before training at the Oval Cricket Ground ahead of their NFL game against Tampa Bay Buccaneers in London
FILE PHOTO: New England Patriots Jerod Mayo speaks to reporters before training at the Oval Cricket Ground ahead of their NFL game against Tampa Bay Buccaneers in London October October 23, 2009. REUTERS/Luke MacGregor/File Photo

March 27, 2019

Jerod Mayo, who spent his entire NFL career as a linebacker with the New England Patriots, is returning to the team as an assistant coach.

Mayo, who made 808 tackles in eight seasons (2008-2015), announced the news on Instagram on Wednesday.

“It is with great excitement, passion, and sense of purpose to share with you that I have accepted Coach (Bill) Belichick’s offer to rejoin the New England Patriots as a Coach,” Mayo wrote. “I am eager to get started and work hard alongside so many of my former coaches and teammates, all who I know to be solely focused on maintaining the winning culture we have come to know as the Patriot Way.”

Mayo reportedly will coach linebackers for new defensive coordinator Greg Schiano.

Mayo’s playing career ended at 29 after a series of injuries. He started 93 of his 103 career games in New England, twice earning Pro Bowl honors and being selected first-team All-Pro in 2010, when he led the league with 175 tackles.

–Field Level Media

Source: OANN

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Exclusive: Portugal’s EDP could create Latam JV with China Three Gorges if takeover bid fails – sources

FILE PHOTO: The logo of Portuguese utility company EDP - Energias de Portugal is seen at the company's offices in Oviedo
FILE PHOTO: The logo of Portuguese utility company EDP - Energias de Portugal is seen at the company's offices in Oviedo, Spain, May 14, 2018. REUTERS/Eloy Alonso/File Photo

March 13, 2019

By Clara Denina , Sergio Goncalves and Tatiana Bautzer

LONDON/SAO PAULO (Reuters) – Portugal’s Energia de Portugal EDP could propose a joint venture with China Three Gorges (CTG) allowing CTG to expand its foothold in Brazil and Latin America if the Chinese power giant’s bid to take over EDP fails, people familiar with the matter said.

CTG, EDP’s main shareholder with a 23 percent stake, is among Chinese state-backed companies that have been increasing their investments in European countries such as Portugal, Greece and Cyprus over the past few years. But tighter regulatory scrutiny across the EU has cast doubt on whether this can continue.

The Chinese utility launched a 9 billion euro ($10.15 billion) takeover proposal for EDP last May. The transaction has moved at a slow pace however and sources say CTG has yet to complete regulatory approval filings in Europe and the United States.

EDP has always described CTG’s bid as too low, but the Portuguese government backs it.

The bid has also been complicated by an alternative plan launched by activist investor Elliott for EDP to divest assets across Brazil, Portugal and Spain. Elliott holds a 2.9 percent stake in EDP.

As CTG is keen to expand in Latin America, a joint venture in the continent would provide a satisfactory outcome should the takeover offer for EDP fail, two sources said.

EDP’s Brazilian subsidiary EDP Energias do Brasil has a market capitalisation of $2.8 billion, while CTG has unlisted assets in the country. The two companies already have a JV in a project in Peru.

CTG did not immediately respond to a request for comment. EDP Energias do Brasil declined to comment.

“If CTG fails to increase its stake, a return to the status quo is impossible… CTG can end up taking ownership of the Brazilian business and have a smaller stake in EDP,” one of the sources said.

At a strategic update to investors held on March 12, EDP said it plans to sell 2 billion euros worth of assets in Portugal and Spain, and raise 4 billion euros via an asset rotation programme until 2022 to fund its expansion in renewable energy and repair its balance sheet.

The sale of the Iberian assets also reflects part of Elliott’s demands, although the activist investor proposes divestments of 7.6 billion euros.

EDP owns 51 percent of EDP Energias do Brasil, a Brazilian holding company that generates, distributes and trades electric power. With operations in seven states of Brazil, the firm owns one thermoelectric plant, 16 hydropower plants, two power distributors, a trading company and a power grid.

Sources had previously told Reuters that EDP has started a sale process for its thermoeletric plant Pecem in the state of Ceara.

“The idea is to combine the companies owned by CTG in Brazil with EDP’s listed subsidiary there,” a third source said.

CTG owns 17 hydropower plants and 11 wind farms in Brazil with 8.2 GW installed capacity.

The assets are estimated to be worth around $5.6 billion, which means CTG would control roughly two thirds of a potential combined listed entity, the third source added, cautioning that there are no talks between the parties at this stage.

(Editing by Alexandra Hudson)

Source: OANN

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Phoenix man who suspected wife of an affair kills her and 2 kids, spares youngest: police

Two young children and two adults were killed in Phoenix after a man accused his wife of having an affair with his brother, according to reports.

Police said Austin Smith, 30, confessed to Thursday’s murder rampage after his arrest.

He is accused of killing his 29-year-old wife, two of their three children and a 46-old man who was a friend of his brother’s.

Police said Smith spared his youngest daughter, 3.

PETITION SEEKS TO REMOVE CHRIS WATTS' FAMILY PHOTOS FROM PRISON CELL

“It is my understanding that for whatever reason he elected not to shoot her,” Sgt. Tommy Thompson said.

Mugshot for Austin Smith, 30, accused of killing four people Thursday in Phoenix, including his wife and two of their three children.

Mugshot for Austin Smith, 30, accused of killing four people Thursday in Phoenix, including his wife and two of their three children. (Maricopa County Sheriff's Office )

The wife Dasia Patterson was the first person killed. She was fatally shot after Smith confronted her about the affair, Fox 10 Phoenix reported.

After her denial, that’s when he told police God told him to shoot her, the station reported, citing court records.

He told police he next killed 5-year-old Nasha because she was going against God’s law and then killed 7-year-old Mayan with force because she was weeping for the wicked, according to the station.

CALIFORNIA MAN CONVICTED OF MURDERING WIFE IN FRONT OF 12-YEAR-OLD SON

The court records say Smith punched Mayan, threw her in the air and onto the floor, and then struck her in the head with a baseball bat.

The fourth victim, Ron Freeman, was killed after police said Smith drove to his brother’s apartment.

Freeman told Smith “he was crazy” to believe his brother and Patterson were having an affair, the Arizona Republic reported.

At the apartment, two other people were shot but survived, a 47-year-old woman and a 33-year-old man, the paper reported.

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Smith was ordered held on $2 million bond.

The Associated Press contributed to this report.

.

Source: Fox News National

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Toronto man recreates da Vinci’s ‘Mona Lisa’ on backyard ice rink

A Canadian man channeled his inner Leonardo da Vinci – and made shoveling up snow fun – to recreate his most famous work on his backyard ice rink.

Robert Greenfield of Toronto shot a time-lapse video as he went out to his small rink and created his version of the 'Mona Lisa'.

“This is not exactly a masterpiece, but I present the Snowna Lisa!” he wrote on Facebook. “Oh you think that’s bad? Wait till I tell you it should be hanging in the Igloovre.”

WINTER STORM BRINGING 'WIDESPREAD HAZARDOUS WEATHER' STRETCHING FROM MIDWEST TO NORTHEAST

The video, which he posted last week, quickly went viral.

Greenfield told Global Toronto that he just wanted to have some fun with the winter chore.

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“I just thought it would be fun to treat the rink like a big Etch-a-Sketch and carve things in there,” he said. “I’ve done about a dozen. I’ve done the American flag, I’ve done the Canadian flag. I’ve done Snoopy.”

Source: Fox News World

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Must See: Obama Border Chief Agrees With Trump On Immigration ‘Crisis’

In a Monday appearance on Tucker Carlson Tonight, Obama Border Patrol chief Mark Morgan countered the left’s false narrative that America is experiencing record lows of illegal immigration, saying, “We are facing skyrocketing numbers at the border.”

Elaborating, Morgan said, “The difference between the 90s and the 2000s are the demographics. In the 2000s we had a million, but 90% of them, Tucker, were removed. This year, we could reach a million.”

“The difference is because they’re family units and children we will release 65% of that million, 650,000, into the interior United States. That’s the difference. It’s a crisis,” he stressed.

Tucker asked Morgan how many of the 650,000 figure would ultimately be deported and the former Border Patrol Chief explained how current asylum laws allow illegal immigrants to appeal their court hearings and stay in the country.

“That’s basically a lower court creating amnesty. So basically as a family unit seeking asylum, you’re here indefinitely,” Morgan explained.

Carlson asked, “So in other words, all the propaganda we were hearing last year about child separations and you saw all the people crying on television about it and ‘Trump’s a Nazi’ and all this stuff, that was all a pretext for setting up a system where nobody can be deported?”

“That’s absolutely correct and they knew that,” Morgan replied, adding, “So now, the kids are being used as pawns. We actually have information that kids are being trafficked across and then sent back to Mexico and they come back across with another adult so they can all enter the United States.”

When Tucker asked Morgan why the facts aren’t being covered by most news outlets, the former head of Border Patrol insisted, “This is being driven by political ideology rather than doing what’s in the best interest of the safety and security of this nation as well as those illegally entering.”

He finished by saying, “Kids are being abused and used as pawns more and more every day because Congress won’t do their job Tucker.”

It’s worth noting that the 650,000 illegal immigrants reportedly entering the country this year are only people who were apprehended at the border.

When adding the number of illegals who sneak into the country without being caught, the number is conservatively well over 1 million.

Source: InfoWars

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Michael Avenatti hit with 36-count federal indictment that could put him behind bars for 335 years

Michael Avenatti, the former Stormy Daniels attorney and once-rumored 2020 presidential candidate, is now facing up to 335 years in prison after being slapped with three dozen new federal charges alleging he stole millions of dollars from his clients, failed to pay taxes and lied in bankruptcy cases, amongst other accusations.

The 48-year-old was indicted late Wednesday by a Southern California grand jury following his arrest last month in New York for allegedly trying to shake down Nike for up to $25 million.

“I intend to fully fight all charges and plead NOT GUILTY,” Avenatti posted on Twitter Thursday after being freed on a $300,000 bond. “I look forward to the entire truth being known as opposed to a one-sided version meant to sideline me.”

If convicted on all of the new charges, Avenatti would face 335 years in prison, federal investigators say. He is scheduled to be arraigned on April 29 in United States District Court in Santa Ana. The Los Angeles Times says Avenatti already faces up to 47 more years if convicted in the Nike case.

"These four areas of criminal conduct alleged in the indictment are all linked to one another because money generated from one set of crimes appears in other sets – typically in the form of payments to lull victims and to prevent Mr. Avenatti’s financial house of cards from collapsing,” United States Attorney Nick Hanna said Thursday.

FEDS SEIZE AVENATTI PLANE AMID TAX SCANDAL

A U.S. Attorney’s Office spokesman, Thom Mrozek, confirmed to Fox News that federal agents seized a Honda HA-420 twin-engine jet from Santa Barbara Airport about 10 a.m. after a federal judge issued a warrant. (William La Jeunesse/Lee Ross)

A U.S. Attorney’s Office spokesman, Thom Mrozek, confirmed to Fox News that federal agents seized a Honda HA-420 twin-engine jet from Santa Barbara Airport about 10 a.m. after a federal judge issued a warrant. (William La Jeunesse/Lee Ross)

The 61-page indictment alleges Avenatti embezzled from a paraplegic man and four other clients and deceived them by shuffling money between accounts to pay off small portions of what they were due to lull them into thinking they were getting paid.

Avenatti is also charged with not paying personal income taxes, not paying taxes for his various businesses, including two law firms, and pocketing payroll taxes from the Tully's Coffee chain that he owned, the indictment said.

Between September 2015 and January 2018, Global Baristas US, the company that operated Tully's, failed to pay the Internal Revenue Service $3.2 million in payroll taxes, including nearly $2.4 million withheld from employees, the indictment said.

When the IRS put tax levies on coffee company bank accounts to collect more than $5 million, Avenatti had Tully's employees deposit cash receipts in a little-known account, the indictment said.

Avenatti was also charged with submitting fraudulent tax returns to get more than $4 million in loans from The Peoples Bank in Biloxi, Mississippi, in 2014. The tax returns he presented to the bank were never filed to the IRS, prosecutors have said.

“For 20 years, I have represented Davids vs. Goliaths and relied on due process and our system of justice,” Avenatti tweeted Thursday. “Along the way, I have made many powerful enemies. I am entitled to a FULL presumption of innocence and am confident that justice will be done once ALL of the facts are known.”

AVENATTI’S LATEST ACCUSATIONS OF EXTORTING NIKE MARK END OF HIS SHOT AT REDEMPTION AFTER SPECTACULAR FALL FROM GRACE

The charges are the latest major blow to a career that took off last year when Avenatti represented Daniels in her lawsuit to break a confidentiality agreement with Trump to stay quiet about an affair they allegedly had.

Avenatti became one of Trump's leading adversaries, attacking him on cable news programs and Twitter. At one point, Avenatti even considered challenging Trump for the White House in 2020.

But back home, his business practices had come under scrutiny from the IRS and a former law partner who was owed $14 million by Avenatti and the Eagan Avenatti firm, which filed for bankruptcy.

And now the tables have turned in part on Twitter, with Avenatti getting ripped by the same figures he has gone after, like Donald Trump Jr.

“Good news for my friend @MichaelAvenatti, if you plead fast enough, you might just get to share a cell with Michael Cohen!” the president’s son quipped in late March following the emergence of the Avenatti-Nike allegations.

AVENATTI LIVED LUXURY LIFE WHILE AVOIDING PAYING TAXES FOR A DECADE, TAX AUTHORITIES SAY

The new indictment also says Avenatti made false statements in bankruptcy proceedings by submitting forms under penalty of perjury that under reported income his firm received.

The most glaring example of deception and fraud was described in the indictment as scheming Avenatti allegedly did to deprive clients of money they were due from legal settlements or sales of stock and the actions he took to cover his tracks.

In a case involving one client, Avenatti allegedly funneled a $2.75 million settlement into his bank accounts and spent $2.5 million on a private airplane, the indictment said.

Although Avenatti was due a portion of settlement funds for his work, the charges said he paid only a fraction of the money clients were due in some cases and strung them along while they waited to be paid.

Avenatti allegedly drained a $4 million settlement he negotiated in 2015 on behalf of Geoffrey Johnson, who was paralyzed after trying to kill himself in the Los Angeles County jail, the indictment said. Johnson was referred to as "Client 1" in the indictment, but was named at a recent court hearing involving the money Avenatti was ordered to pay his former partner.

Until last month, Avenatti had only provided $124,000 over 69 payments to Johnson, the indictment said.

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Two years after the settlement was reached, Avenatti allegedly helped Johnson find a real estate agent to buy a house. But when Johnson was in escrow to purchase the property, Avenatti falsely said he had not received the settlement funds, the indictment said.

In November, when the U.S. Social Security Administration requested information to determine if Johnson should continue to receive disability benefits, Avenatti said he would respond, but didn't because he knew it could lead to the discovery of his embezzlement, the indictment said. The failure to respond led to Johnson's disability benefits being cut off in February.

The Associated Press contributed to this report.

Source: Fox News National

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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.

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“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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