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Controversial Australian lawmaker ‘egged’ after comments on New Zealand mass shooting

Australian Senator Fraser Anning has an egg smashed on his head while talking to the media in Victoria
Australian Senator Fraser Anning has an egg smashed on his head while talking to the media in Victoria, Australia March 16, 2019 in this still image taken from a video obtained from social media. THE UNSHACKLED/via REUTERS

March 17, 2019

By Will Ziebell

MELBOURNE (Reuters) – Australian police said they were investigating after a teenager smashed an egg on a controversial right-wing lawmaker who had blamed New Zealand’s mass mosque shootings on the country’s immigration program.

The footage, shared widely on social media, showed Senator Fraser Anning being approached from behind at a political event on Saturday, before having an egg cracked on the back of his head.

The footage showed Anning appearing to try to hit the person, before that person was dragged to the ground.

Victoria Police released a statement saying the incident was being investigated “in its entirety” and that it involved a 17-year-old boy.

Anning has received widespread condemnation following comments he made that saying cause of New Zealand’s worst peace time shooting was letting “Muslim fanatics” migrate to the country.

“(Anning’s) conflation of this horrendous terrorist attack with issues of immigration, in his attack on Islamic faith specifically, these comments are appalling and they’re ugly and they have no place in Australia,” Australia’s Prime Minister Morrison told journalists on Saturday.

Calls to Anning’s electoral and parliamentary offices went unanswered on Sunday.

A GoFundMe campaign had raised more than A$19,000 ($13,500) for the teenager to cover the cost of legal fees and so he could “buy more eggs” by Sunday and the hashtag #EggBoy was trending on Twitter.

Meanwhile, Australia’s immigration minister announced on Saturday that controversial conservative speaker Milo Yiannopoulos would not be allowed to enter Australia following Yiannopoulos describing Islam as a “barbaric” and “alien” religion.

“Mr Yiannopoulos’ comments on social media regarding the Christchurch terror attack are appalling and foment hatred and division,” immigration minister David Coleman said in a statement.

Australian Brenton Harrison Tarrant, 28, a suspected white supremacist, was charged with murder on Saturday after 49 people were killed and dozens wounded in mass shootings at two New Zealand mosques.

(Reporting by Will Ziebell; Editing by Lincoln Feast)

Source: OANN

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Rep. Swalwell says he was 'rightfully' schooled on Twitter after Trump Tower coffee selfie

MANCHESTER, N.H. – Democratic Rep. Eric Swalwell acknowledges that if “you dish it out” on Twitter, “you better bet able to take it.”

Speaking to Fox News during a visit here Monday, the likely Democratic presidential candidate admitted he was "rightfully" schooled on social media last week after complaining about having to go to somewhere other than Trump Tower for coffee. His post quickly garnered an avalanche of reaction, including from Trump supporters who mocked Swalwell and pointed out that there were plenty of alternatives for coffee in midtown Manhattan.

SWALWELL BYPASSES COFFEE INSIDE TRUMP TOWER, TWEETS ABOUT IT

“So I was rightfully skilled about that on Twitter and that’s why I love Twitter," said Swalwell, D-Calif. "Sometimes it’s just a cathartic place to go, where you can dish it out and you better be able to take it and just move on to the next tweet.”

Last Wednesday, as he was making his way through New York City, Swalwell posted a selfie and wrote “it’s snowing in #NewYork. I need coffee. The closest cafe is inside Trump Tower. This is me walking to an alternative.”

Critics included Fox News host Laura Ingraham, who took to Twitter to mock Swalwell, saying “since you’ve been operating in “alternative” universe for years, this should be easy for you. (Try the Russian Tea Room—maybe you’ll finally find your collusion.)”

Swalwell – a former prosecutor who’s a member of the House Intelligence and Judiciary committees – has been a vocal critic of President Trump over the relationship between Trump’s 2016 presidential campaign and Russia.

DONALD TRUMP JR. SAYS FAMILY HAS NO FEARS OVER MUELLER REPORT

Asked about the reaction he received over his coffee tweet, an amused Swalwell told Fox News on Monday, “I was in snow storm in Manhattan and was bewildered and the only coffee store around was Trump Tower.”

“Wasn’t going to go there. Didn’t know Manhattan very well," he added. "Apparently there’s like 100 other coffee shops within reach."

Swalwell’s on a two-day campaign style swing through New Hampshire – the state that holds the first primary in the race for the White House. His visit came as speculation over when special counsel Robert Mueller’s report on his investigation into Russian tampering with the 2016 election will be delivered to the attorney general was reaching fever pitch, with some reports that the findings come be handed over as early as this week.

Swalwell on Monday predicted a bombshell in the report.

“I expect you’re going to see that there has been criminal conduct by the administration to obstruct and keep the investigators from finding out what happened,” the told reporters.

“When it comes to collusion, I don’t know.”

Swalwell said once Mueller’s investigation is over, the House Intelligence Committee will “go back to work to fill in the gaps where they may exist because again, the Mueller team can only tell us what they can prove beyond a reasonable doubt. If there’s information that we need to secure for future elections or to make sure the rule of law is standing when it comes to abuses of power or obstruction of justice, we’ll work on that.”

“We’re also not sure if financial compromise is something the Mueller team is looking at. So we’ll be looking at if there was financial compromise over decades from the Trump investments in Russia or the Russian investments in Trump,” Swalwell added.

Donald Trump Jr. dismissed any notion that he, the President or his family have any fears relating to the Mueller investigation or a probe by the Southern District of New York.

“‘This is going to be it, we finally got him.’ I’ve been hearing this for two years,’” Trump Jr. told “Fox & Friends" on Monday morning.

COHEN TO TESTIFY IN FRONT OF CONGRESS

The president’s former longtime attorney and fixer Michael Cohen testifies publicly on Wednesday before the House Oversight Committee. Later in the week Cohen – who pleaded guilty to lying to Congress last year about Trump's knowledge of a proposed Trump Tower project in Moscow during the campaign – testifies behind closed doors in front of the House and Senate Intelligence Committees.

“I look forward to seeing Michael Cohen. He lied to us last time he came in and plead guilty to that so I’m excited to hear that he wasn’t to come clean but there’s going to be tough questions about what he saw, what he did, and what his boss as businessman, as a candidate, and as a president, did,” Swalwell said.

SWALWELL SAYS RICH 'GETTING OFF THE HOOK'

Swalwell took questions from reporters after headlining "Politics and Eggs," a must stop for White House hopefuls.

The 38-year old four-term congressman – who was making his fourth trip to New Hampshire since early November - told Fox News he’ll make his decision on a presidential bid soon.

The Republican National Committee took aim at Swalwell's ambitions Wednesday.

“In between his busy schedule of cable TV interviews, Eric Swalwell is back in New Hampshire as he mulls his all-but-certain Presidential bid. But instead of offering up policies that would benefit Granite Staters, Swalwell is focused solely on obstructing President Trump's pursuit of progress.  Resistance is not a winning platform in New Hampshire or for 2020." RNC spokeswoman Mandi Merritt said.

Meanwhile, Swalwell’s already ramping up, hiring staff in the key early voting states.

And he’s sounding more and more like a candidate, saying, “I feel very connected every day Americans, being someone who was the first in my family to go to college, having student loan debt myself, and having two kids under two and seeing what that means for just working hard and wanting it to mean something. I think that’s a candidacy that’s unique and I’m close to making a decision.”

But Swalwell –who would be a very long shot to win the Democratic nomination – pushed back against suggestions he would use a 2020 campaign to try and line up a spot as running mate.

“I’m doing this because I think I can win. Not to sell a book, not for any other job,” he answered.

Source: Fox News Politics

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Breaking! FBI/IRS Raid Dem Baltimore Mayor’s Home & City Hall

The FBI and IRS served search warrants on Baltimore Democrat Mayor Catherine Pugh on Thursday to investigate whether she profited from a no-bid book deal.

Pugh is being investigated for serving on the board of the University of Maryland Medical System while the group spent $500,000 on a children’s book Pugh authored.

FBI spokesman Dave Fitz says the agency searched two of Pugh’s houses, the Baltimore City Hall, a non-profit Pugh worked with, the office of her attorney and the home of a former aide.

Pugh was already on medical leave from her role as mayor when the raids took place and the entire Baltimore City Council called for her resignation earlier this month.

In response to the federal investigations, Republican Gov. Larry Hogan said, “Mayor Pugh has lost the public trust. She is clearly not fit to lead. For the good of the city, Mayor Pugh must resign.”

Pugh’s attorney, Steven Silverman, issued a statement following the raids, saying, “We will vigorously continue to defend the Mayor, who is entitled the presumption of innocence.”

See photos and videos of federal agents searching the mayor’s properties below:

Source: InfoWars

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Ted Cruz hit on social media for joke about Disney’s $5M donation to Notre Dame Cathedral

Sen. Ted Cruz, R-Texas, was criticized on social media Wednesday over a comment he made about Disney’s $5 million donation to restore the scorched Notre Dame Cathedral in Paris.

The Walt Disney Company, which was among a handful of corporations that pledged to help rebuild the almost 900-year-old cathedral after it was damaged in a devastating fire earlier this week, announced a $5 million contribution early Wednesday.

Responding to the news a few hours later, Cruz joked whether the cathedral's restoration will include Disney princesses on the new stained glass.

MACRON'S VOW TO REBUILD NOTRE DAME CATHEDRAL WITHIN 5 YEARS UNREALISTIC, SOME EXPERTS SAY

Within hours, thousands on Twitter condemned Cruz for what they regarded as a joke that fell flat.

In announcing their contribution, Chairman and Chief Executive Officer Bob Iger discussed the cathedral’s prominent role in the city’s history.

“Notre-Dame is a beacon of hope and beauty that has defined the heart of Paris and the soul of France for centuries, inspiring awe and reverence for its art and architecture and for its enduring place in human history,” Iger said in the statement. “The Walt Disney Company stands with our friends and neighbors in the community, offering our heartfelt support as well as a $5 million donation for the restoration of this irreplaceable masterpiece.”

Source: Fox News National

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Minority Hazaras in Pakistan protest for third day after Quetta attack

People hold a sign to condemn the Friday's blast at vegetable market in Quetta, during a protest in Karachi
Pakistani Shi'ite supporters of Imamia Students Organization (ISO) hold a sign to condemn the Friday's blast at vegetable market in Quetta, during a protest in Karachi, Pakistan April 14, 2019. REUTERS/Akhtar Soomro

April 14, 2019

By Gul Yousafzai

QUETTA, Pakistan (Reuters) – Minority Shi’ite Hazaras blocked traffic in a sit-in protest for a third day in the southwestern Pakistani city of Quetta on Sunday after a suicide bomb killed 19 people in an outdoor market, many of them ethnic Hazaras.

Dozens were wounded in the blast on Friday on the outskirts of Quetta, capital of resource-rich Baluchistan province, officials said. Islamic State claimed responsibility.

Hazaras have been frequently targeted by Taliban and Islamic State militants and other Sunni Muslim militant groups in both Pakistan and Afghanistan.

“We’ve lost hundreds of our loved ones in the last 10 years,” Tahir Hazara, leading the sit-in, told Reuters. “The government failed to protect our community. Terrorists are free to target us.”

“Stop killing Hazaras,” the crowd chanted. “Down with terrorism and sectarianism.”

The protesters, who include many women and children, have set up camps and burn wood to keep warm at night. One police official said there were about 200 people taking part on Sunday, blocking the key arterial Western Bypass leading into Quetta.

About 50 Hazaras gathered in the southern city of Karachi, some holding signs saying “Shi’ite lives matter”.

Friday’s bloodshed came two days after authorities freed Ramzan Mengal, a top leader of a banned sectarian group, Lashkar-e-Jhangvi (LeJ), Quetta police chief Abdul Razzaq Cheema said.

Mengal had been detained for three months suspected of public order offences, he said.

The LeJ has worked both with al Qaeda and Islamic State in Pakistan and has claimed several coordinated attacks in Baluchistan against what it terms Shi’ite heretics.

In 2013, three bombings killed more than 200 people in Hazara neighborhoods, prompting security forces to escort Hazara buses to the market. The same practice was followed on Friday, but the bomb exploded inside the market.

(Reporting by Gul Yousafzai, Asif Shahzad and Akhtar Soomro; Writing by Nick Macfie; Editing by Raissa Kasolowsky)

Source: OANN

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Scarborough: Trump administration like ‘Hogan’s Heroes’ Nazis

MSNBC host Joe Scarborough made sure everyone understood he was not comparing Donald Trump and the president's team to Nazis on his show Friday. But, he said, if they "were Nazis" he knows exactly which ones they would be.

“Whenever people get overcharged and start talking about Donald Trump and say, you know, they’re all Nazis, I say no, no, no, no, come on, they’re not Nazis,” Scarborough said after playing a clip of the president saying he was going against his staff and funding the Special Olympics. “But if they were Nazis, they’d be the one’s from ‘Hogan’s Heroes.’”

DEVOS BLASTS MEDIA FOR COVERAGE OF PROPOSED SPECIAL OLYMPICS CUTS

“Hogan’s Heroes” was a television comedy that aired from 1965-1971, set in a German POW camp during World War II.

1965: L-R: Austrian actor John Banner, American actor Bob Crane, and German-born actor Werner Klemperer pose together in a promotional portrait for the World War II-set television series, 'Hogan's Heroes'. Banner and Klemperer wear Nazi uniforms, and Crane wears a cap and jacket. (Photo by CBS Photo Archive/Getty Images)

1965: L-R: Austrian actor John Banner, American actor Bob Crane, and German-born actor Werner Klemperer pose together in a promotional portrait for the World War II-set television series, 'Hogan's Heroes'. Banner and Klemperer wear Nazi uniforms, and Crane wears a cap and jacket. (Photo by CBS Photo Archive/Getty Images)

Allied prisoners would run special operations under the nose of the incompetent Nazis, led by Colonel Klink and Sgt. Schultz.

“I mean, this is Colonel Klink action here,” Scarborough said, referring to the administration changing course on funding for the Special Olympics.

Critics had been attacking the administration for its decision to cut funding to the program.

SCARBOROUGH: TRUMP LIED ABOUT RUSSIA NO MATTER WHAT MUELLER FOUND

Trump told reporters at the White House on Thursday, “I’ve overridden my people for funding the Special Olympics.”

The Trump administration’s education budget proposal originally called for the elimination of $17.6 million for the Special Olympics, roughly 10 percent of the group’s overall revenue.

Fox News' Frank Miles contributed to this report.

Source: Fox News Politics

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Thai activists protest against commission after chaotic poll

An activist holds a poster as she protests the election result in Bangkok
An activist holds a poster as she protests the election result in Bangkok, Thailand, March 31, 2019. REUTERS/Soe Zeya Tun

March 31, 2019

By Patpicha Tanakasempipat

BANGKOK (Reuters) – More than 100 opposition activists protested in central Bangkok on Sunday, accusing the election commission of delaying and manipulating the results of the first polls since a 2014 coup.

A week after the March 24 vote, the outcome of Thailand’s national election remains uncertain and might not be known until after the commission publishes official results due on May 9.

The body released partial results the night of the vote, and took four more days to publish fuller counts, showing a party supporting the ruling military junta winning the popular vote but the opposition Pheu Thai party ahead in partial results of House of Representatives seats.

Both the Palang Pracharat party – which seeks to keep junta leader Prayuth Chan-ocha in office – and an anti-junta “democratic front” of seven parties, led by Pheu Thai, have claimed a mandate to form the next government.

“Get out! Stop cheating! Respect the people!” chanted the protesters close to the city’s Victory Monument.

They urged bystanders to add to the 830,000 signatures on an online petition to impeach the commission. The commission has declined to comment on criticism of its handling of the results.

The post-election standoff could raise tensions just as the Southeast Asian country prepares for the elaborate coronation of King Maha Vajiralongkorn in May.

On Saturday, the king issued an order revoking royal decorations that had been awarded to former prime minister Thaksin Shinawatra, who was ousted in an earlier 2006 army coup and is linked to the Pheu Thai party.

The move could hurt the standing of Thaksin and the affiliated party in the eyes of many Thais, because the monarchy is revered without question in Thai culture.

Thaksin-linked parties have won every election since 2001. The 2014 coup ousted a Pheu Thai-led government that had Thaksin’s sister, Yingluck Shinawatra, as prime minister.

(Reporting by Patpicha Tanakasempipat; Editing by Kay Johnson and Andrew Heavens)

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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