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Watch Live: Trump Announces Plans To Indict the Deep State & Julian Assange Is Arrested

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Source: InfoWars

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UK Conservatives slam Theresa May’s cross-party Brexit talks

Britain's pro-Brexit Conservatives are protesting angrily against Prime Minister Theresa May's decision to seek the opposition party's help in finding a compromise Brexit agreement.

May acknowledged Saturday that, despite her best efforts to persuade lawmakers to back her European Union divorce deal, "there is no sign it can be passed in the near future." She said there was no choice but to reach out to the opposition Labour Party. Otherwise, she says, Brexit could "slip through our fingers" unless a compromise alternative can be reached with Labour lawmakers.

But leading Conservative Brexiteer Jacob Rees-Mogg on Sunday slammed May's move to include Labour in the Brexit talks, and blamed her for failing to take Britain out of the EU already.

Three days of cross-party talks so far have ended with no agreement.

Source: Fox News World

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Schumer Vows to Defund 'Fake' White House Panel on Climate

The U.S. Senate’s top Democrat vowed Tuesday to block the creation of a proposed White House panel of scientists to re-evaluate climate science.

New York Senator Charles Schumer said if the White House moves forward with the plan to create a “fake climate” committee, Democrats will introduce legislation to defund it. However, Republican Senate Majority Leader Mitch McConnell, who hails from the coal state of Kentucky, is unlikely to allow such a bill to come to the Senate floor for a vote.

“It is long past time for President Trump and Republican leaders to admit that climate change is real, that human activity contributes to it, and Congress must take action to counter it,” Schumer said in a speech on the Senate floor.

“This is beyond willful ignorance,” Schumer said. “This is intentional, deliberate sowing of disinformation about climate science by our own government.”

Administration officials met Friday to discuss establishing a presidential committee that would assess the consensus of both scientists and the Pentagon that climate change poses a national security threat. No decision to set up the panel was reached during that meeting and additional meetings are expected, according to a person familiar with the meeting.

Source: NewsMax America

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California's ‘house of horrors’ parents plead guilty: report

The California “house of horrors” parents who were accused of abusing and torturing some of their 13 children will reportedly be sentenced to at least 25 years behind bars after pleading guilty to charges on Friday.

David and Louise Turpin’s plea came more than a year after their teenage daughter jumped out of a window at the residence and used a cell phone to alert authorities.

CALIFORNIA HOUSE WHERE ALLEGED TORTURE OF 13 CHILDREN TOOK PLACE GOES UP FOR SALE, REPORT SAYS

David Turpin sits in a courtroom Friday, Feb. 22, 2019, in Riverside, Calif. Turpin and his wife, Louise, who shackled some of their 13 children to beds and starved them pleaded guilty on Friday to torture and other abuse.

David Turpin sits in a courtroom Friday, Feb. 22, 2019, in Riverside, Calif. Turpin and his wife, Louise, who shackled some of their 13 children to beds and starved them pleaded guilty on Friday to torture and other abuse. (AP Photo/Jae C. Hong, Pool)

Their pleas, submitted in Riverside County Superior Court, were to 14 counts. Those included cruelty toward all of their children except their toddler daughter. They also pleaded guilty to imprisoning their children in the filth-laden home, according to The Associated Press.

During the pair’s April sentencing, they will be given up to life in prison, which Riverside District Attorney Mike Hestrin believes fits the crime.

"The defendants ruined lives so I think it's just and fair that the sentence be equivalent to first-degree murder," Hestrin said.

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Louise Turpin sits in a courtroom Friday, Feb. 22, 2019, in Riverside, Calif. Turpin and her husband, David, who shackled some of their 13 children to beds and starved them pleaded guilty Friday to torture and other abuse.

Louise Turpin sits in a courtroom Friday, Feb. 22, 2019, in Riverside, Calif. Turpin and her husband, David, who shackled some of their 13 children to beds and starved them pleaded guilty Friday to torture and other abuse. (AP Photo/Jae C. Hong, Pool)

During the 911 call for help that exposed the family’s life at home, the teen daughter reported that her brother and two sisters were shackled to beds.

While the parents had notified the state that their children were home-schooled, their oldest child only completed the third grade. Some of the kids suffered from severe malnutrition, stunted growth and muscle wasting.

Fox News’ Katherine Lam and The Associated Press contributed to this report.

Source: Fox News National

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Lyft’s shares rise after Citron advises against shorting stock

FILE PHOTO: Lyft supporters gather for the Lyft IPO as the company lists its shares on the Nasdaq in the first-ever ride-hailing initial public offering, in Los Angeles
FILE PHOTO: Lyft supporters gather for the Lyft IPO as the company lists its shares on the Nasdaq in the first-ever ride-hailing initial public offering, in Los Angeles, California, U.S., March 29, 2019. REUTERS/Mike Blake/File Photo

April 5, 2019

(Reuters) – Shares of ride-hailing company Lyft Inc rose as much as 4 percent on Friday, setting the stock for its best day since its market debut last week, after short-seller Citron Research advised investors to hold on to the stock.

The number of active Lyft riders has surged fivefold to 18.6 million in the fourth quarter of 2018, from the first quarter of 2016, and those numbers are set to rise further, Citron said, listing several other reasons to not be short on Lyft.

As of Thursday, Lyft’s short interest was $937 million, with 13.38 million shares shorted, which makes up about 41.2 percent of its float, according to data from S3 Partners, a financial technology and analytics firm.

Citron, which has held a stake in Lyft for the last two years, said it has increased its position in the company in the open market.

Describing ride-sharing as a “megatrend”, and not just a fad, Citron said Lyft has good prospects, especially since millennials are foregoing car ownership for ride-sharing.

“This is not a trendy video game or a GoPro camera… this is a way of life that is saving people time and ensuring safety,” the note said.

“The entire rideshare market in the U.S. only accounts for 1 percent of miles traveled today…. we have only just begun,” Citron said.

But brokerage Seaport Global, which started coverage on Lyft with a “sell” rating on Tuesday, said it was skeptical that consumers will give up car ownership in favor of relying on ride-hailing services.

Daiwa Capital Markets also initiated coverage on the company on Thursday, with an ‘outperform’ rating and a price target of $80.

The rating reflects strong revenue growth potential ahead for the company, the brokerage said, but added it expects losses to increase through 2020, and then reach break even by the end of 2022.

Lyft’s shares fell below their IPO price of $72 on their second day of trading, erasing all debut gains, after market research companies cited lack of a clear path to profitability.

The company did not mention when it would turn profitable. It reported a loss of $911 million in 2018, wider than its $688 million loss in 2017, despite revenue doubling in 2018 to $2.16 billion.

Daiwa added autonomous robotaxis, currently under development at tech and auto companies, are among the biggest threats to the company.

(Reporting By Aparajita Saxena in Bengaluru; Editing by James Emmanuel)

Source: OANN

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Bernie Sanders hits head on shower door, receives 7 stitches; will be at Nevada rally

Sen. Bernie Sanders, I-Vt., received a clean bill of health after he hit his head on a glass shower door Friday morning and required seven stitches, his campaign said, according to reports.

BERNIE SANDERS DEFENDS OMAR WITH TERM SEEN AS ANTI-SEMITIC, APOLOGIZES

Sanders, 77, apparently went to a walk-in clinic for examination and treatment, a campaign spokesperson said in a statement. The Vermont senator was able to continue on with his scheduled events after receiving the stitches.

“He (Sanders) heads to Nevada this evening and looks forward to his rally in Henderson tomorrow,” the statement read.

Sanders was spotted sporting a bandage on his head while at a health care roundtable in South Carolina.

Sen. Bernie Sanders seen with a bandage while at a roundtable event in South Carolina on Friday, March 15, 2019.

Sen. Bernie Sanders seen with a bandage while at a roundtable event in South Carolina on Friday, March 15, 2019. (WCIV)

Sanders announced his White House bid last month, entering a crowded 2020 race. The senator ran against and ultimately lost to former Secretary of State Hillary Clinton for the Democratic presidential nomination in 2016.

VERMONT SEN. BERNIE SANDERS ENTERS CROWDED 2020 PRESIDENTIAL RACE

Other Democratic senators already in the 2020 presidential race include Sens. Elizabeth Warren, Cory Booker, Amy Klobuchar and Kamala Harris.

Fox News’ Ryan Gaydos contributed to this report.

Source: Fox News Politics

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European shares flat as Brexit impasse sinks in

FILE PHOTO: A red London bus passes the Stock Exchange in London
FILE PHOTO: A red London bus passes the Stock Exchange in London, Britain, February 9, 2011. REUTERS/Luke MacGregor/File Photo

March 13, 2019

LONDON (Reuters) – European shares opened broadly flat on Wednesday as uncertainty prevailed on Britain’s plan to leave the European Union and no corporate or economic news appeared strong enough to shake the risk-off mood spreading from Asia overnight.

The pan-European STOXX 600 index <.STOXX> was down 0.05 percent by 0816 GMT, after closing 0.06 percent down on Tuesday as it became clear British Prime Minister Theresa May would lose a key vote in Parliament on her plans for an orderly Brexit.

London’s FTSE was also little changed, down 0.1 percent as the pound recouped some of its losses from the previous session.

Among individual stocks, shares in Germany’s Adidas <ADSGn.DE> posted the worst performance, losing 5.5 percent after announcing that supply chain issues would hit its sales growth in the first half of 2019, particularly in North America.

Another big loser was cash-rich Zara owner Inditex <ITX.MC> which was down 4.7 percent after it published annual earnings slightly below analysts’ expectations.

Wirecard <WDIG.DE> was the third-biggest faller, with a 4.3 percent hit after it suspended an accounting employee in Singapore amid allegations of fraud and creative accounting.

(Reporting by Julien Ponthus; Editing by Catherine Evans)

Source: OANN

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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