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Sudan protest group says attempt to break up sit-in outside defense ministry is under way

A Sudanese demonstrator gestures as he attends a sit-in protest outside the Defence Ministry in Khartoum
A Sudanese demonstrator gestures as he attends a sit-in protest outside the Defence Ministry in Khartoum, Sudan April 14, 2019. REUTERS/Stringer

April 15, 2019

KHARTOUM (Reuters) – Sudan’s main protest group said an attempt was under way on Monday to break up a sit-in outside the defense ministry compound in the capital, Khartoum.

The Sudanese Professionals Association (SPA) called on people to respond by joining the sit-in to “protect your revolution”, according to a statement published on its social media pages.

(Reporting by Khalid Abdelaziz; Writing by Aidan Lewis; Editing by Hugh Lawson)

Source: OANN

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Golf: No women’s Masters in Augusta National’s future, says chairman

LPGA: Augusta National Women's Amateur - Final Round
Apr 6, 2019; Augusta, GA, USA; Jennifer Kupcho from Westminster, Colorado raises (left) is presented the trophy by Augusta National chairman Fred Ridley following the inaugural the Augusta National Womens Amateur trophy after winning the inaugural Augusta National Women's Amateur golf tournament at Augusta National GC. Mandatory Credit: Michael Madrid-USA TODAY Sports

April 10, 2019

By Steve Keating

AUGUSTA, Ga. (Reuters) – Augusta National chairman Fred Ridley on Wednesday threw cold water on the idea of one day hosting a women’s Masters alongside the men’s major.

Augusta National, which did not have a woman member until seven years ago, held its first women’s tournament last week on the same course that will play host to the men’s major.

Ridley, however, said the club has no plans to take another step and develop a women’s Masters.

“To date, all of our grow-the-game initiatives have been focused on amateur golf and amateur golfers,” said Ridley during the Augusta National chairman’s annual address on Wednesday.

“In this particular case, we elected to conduct a women’s amateur tournament for really that same reason, but we really wanted this to continue in a grow-the-game sort of mode.

“As to what we might do next, I’m still thinking about last Saturday, so I’ll start thinking about that next week.”

For many the next logical step is for Augusta to organize a women’s Masters. The idea, however, does not seem to excite the Augusta membership.

While Augusta National is best known as the home of the Masters, Ridley believes the club is better serving the amateur roots of co-founders Clifford Roberts and Bobby Jones and developing the sport by giving its name to a women’s amateur competition.

“I think part of that kind of goes back to history and that is that Augusta National was founded, co-founded by the greatest amateur of all time,” said Ridley.

After opening its doors to women members in 2012, Augusta National has since made efforts to promote and develop women’s golf, but some in the game remain frustrated by what they see as the painfully slow pace of change.

Asked if the club’s failure to confront its restrictive policies had stunted the growth of the women’s game, Ridley said they could have done better.

“No matter what the issue is, you know, we can always look back and say we could do better,” said Ridley. “No question.

“But what my focus is, is on the future and where we are now and where we want to go. We learn from the past.

“But what I think is most productive is to look at where we are today, realize that throughout the history of this club, we have promoted the game and we have now identified a really important segment, the fastest growing segment of the game – that we can help make a difference.”

(Editing by Toby Davis)

Source: OANN

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Pompeo commits U.S. to finding, punishing those behind Saudi journalist’s murder

FILE PHOTO: A demonstrator holds a poster with a picture of Saudi journalist Jamal Khashoggi outside the Saudi Arabia consulate in Istanbul
FILE PHOTO: A demonstrator holds a poster with a picture of Saudi journalist Jamal Khashoggi outside the Saudi Arabia consulate in Istanbul, Turkey October 25, 2018. REUTERS/Osman Orsal/File Photo

March 27, 2019

WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo told a congressional hearing on Wednesday that the Trump administration is still working “all across the government” to identify and hold accountable anyone responsible for the murder of Saudi journalist Jamal Khashoggi.

Questioned at a House of Representatives hearing, Pompeo said he would commit to holding anyone accountable who was found to be responsible, even the most senior officials, a reference to Saudi Crown Prince Mohammed bin Salman.

(Reporting by Patricia Zengerle; Editing by Lisa Shumaker)

Source: OANN

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Potential GOP primary challenger Hogan takes aim at Trump, calls Mueller report ‘very disturbing’

Republican Gov. Larry Hogan of Maryland took aim at President Trump on Tuesday during a visit to New Hampshire, claiming there was “some very disturbing stuff” in the findings of Special Counsel Robert Mueller’s Russia Investigation report.

In doing so, Hogan appeared to open the door a bit more to a 2020 primary challenge against the Republican president, saying it’s under “serious consideration” as he spoke at "Politics and Eggs," a must stop for White House hopefuls visiting the first-in-the-nation presidential primary state.

TRUMP PRIMARY CHALLENGER WELD ENVISIONS 'MCCAIN STYLE CAMPAIGN

Speaking with reporters after the event, Hogan pointed to the Mueller report and highlighted, “I think there was certainly evidence that he [Trump] attempted to” commit obstruction of justice.

“It certainly did not completely exonerate the president, as he has said. There were some very disturbing stuff found in the report. And just because aides did not follow his orders, that’s the only reason we don’t have obstruction of justice,” Hogan said.

“There was some really unsavory stuff in the report that did not make me proud of the president and there was certainly nothing to crow about and nothing to celebrate in that at all,” Hogan added.

And he criticized his fellow Republicans for not speaking out against the president.

“It’s very frustrating. And I know that there are a number of my colleagues, both governors and senators and members of the House that privately will say they’re very concerned but won’t say anything publicly. And I think it’s because they’re afraid. There’s no profiles in courage here. They’re afraid of being primaried. They’re afraid of being tweeted about,” he said.

But Hogan wasn’t advocating for impeachment.

“I don’t think that [the House of Representatives] should begin impeachment proceedings. I don’t think they would be productive. I think most people in America are tired of this whole two-year investigation,” he stressed.

Hogan, who was just overwhelmingly re-elected last November to a second term steering reliably blue Maryland, said his decision on a potential primary challenge against Trump “really wouldn’t be based on that report. It’s really about seeing what people think out there and whether there’s any path to victory and whether or not they’re really interested in having an alternative.”

Hogan opened his address by declaring that “I’m not here to make any official announcements.”

“I just thought April would be a beautiful time to visit New Hampshire,” he joked.

Speaking to reporters later, Hogan was asked about mounting a long-shot primary challenge against Trump, who remains very popular with most Republican voters.

“I’m not interested in just running to hurt the president, bruise the president. I’m out here talking about things that I think are important. I care about the future of my party. I care about the country,” Hogan said. “I would not run just to be a spoiler for the president. I’ve got a state to run.”

“A growing number of people have been asking me to give it serious consideration and I felt an obligation that I needed to do that,” he explained.

Hogan said he’s already been to 10 states and has 16 more to visit. But he added he’s in no rush to decide.

“The filing deadline in New Hampshire is November 15. A shorter field would be better for a challenger that didn’t have as much money,” he said. “There’s no rush to jump in. I know the Democrats are all jumping in and they have to fight each other. I don’t feel any pressure to get in any earlier than what the law says you have to get in.”

And he pointed to New Hampshire and other states that allow non-Republicans to vote in GOP presidential primaries, while citing his appeal with independents. Taking aim at Trump, he argued, “if you’re going to nominate someone who can’t win the general election, that’s not good for the Republican Party.”

Still, Hogan is not polling strongly at this stage.

Hogan arrived in the Granite State the day after a new University of New Hampshire poll put him at 1 percent in a hypothetical GOP primary matchup. The poll indicated the president with 76 percent support; former Ohio Gov. John Kasich -- a vocal Trump critic who’s seriously mulling a 2020 primary challenge -- at 10 percent; and former Massachusetts Gov. Bill Weld – who’s launched a primary campaign against Trump – at 5 percent.

Asked by Fox News about his standing in the survey, Hogan pointed to his high approvals in polls in Maryland.

“In the only state where they know both of us, where we’ve both been on the ballot, I’m about 50 points ahead of the president. So it’s like I’ve never been to New Hampshire. This is my second trip up. Nobody knows who I am yet,” he answered.

Hogan said he also wasn’t overly concerned about attracting the wrath of the president if he launches a primary challenge.

“It’s probably not the most pleasant thing to go through I’m sure. But I’ve battled cancer for 18 months. I can probably take it,” he said.

Source: Fox News Politics

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Powerful storms continue to move across South

Deadly storms continue to move across the South after spawning suspected tornadoes and damaging several homes.

The National Weather Service says a twister was reported Saturday night in the Vicksburg, Mississippi, area. No injuries were reported, and news footage showed shattered windows and rooftop debris.

In East Texas, authorities say two children were killed when high winds toppled a tree onto the back of the family car while it was in motion. The Angelina County Sheriff's Office says an 8-year-old and 3-year-old died after the tree hit the back of the car in Lufkin, about 115 miles (185 kilometers) northeast of Houston. The parents in the front seats were not hurt.

The weather service also says preliminary information showed an EF-3 tornado with winds of 140 mph touched down in Franklin, located about 125 miles (200 kilometers) south of Dallas.

Source: Fox News National

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Dubai economic growth at its slowest since 2009 debt crisis

General view of Dubai's cranes at a construction site in Dubai
FILE PHOTO: General view of Dubai's cranes at a construction site in Dubai, UAE December 18, 2018. REUTERS/Satish Kumar

March 27, 2019

By Saeed Azhar

DUBAI (Reuters) – Dubai’s economy grew 1.94 percent in 2018, the government said on Wednesday, slowing down from a 2.8 percent growth rate in 2017 and hitting its slowest pace since a contraction in 2009 when the economy was hobbled by a debt crisis.

Dubai, which has a diversified economy that focuses on tourism and international business services, has been hurt by a rough patch amid a downturn in its real estate market.

“A weakening external backdrop, a strong U.S. dollar and the ongoing correction in the property market are headwinds for a number of vital sectors,” said Monica Malik, chief economist at Abu Dhabi Commercial Bank.

Property prices in Dubai have fallen by more than a quarter from their peak in 2014. S&P said last month it expects prices to fall another 5-10 percent this year due to a continued gap between supply and demand, before steadying in 2020.

Dubai needed a $20 billion bailout from oil-rich Abu Dhabi to escape a debt crisis in 2009 caused by collapsing property prices, which had threatened to force some state-linked companies to default on billions of dollars of debt.

Analysts expect some economic recovery for Dubai ahead of 2020 when the city hosts the World Expo event.

The government said GDP growth was largely driven by the performance of trade related activities, which grew by 1.3 percent in 2018 from a year earlier, representing 18.1 percent of the total growth achieved last year.

It said real estate activity grew 7 percent in 2018 and accounted for nearly 25 percent of total economic growth.

In 2017 real estate grew 7.3 percent.

Growth in the transport and storage sector slowed down to 2.1 percent last year from 4.5 percent in 2017.

London-based Capital Economics in a report said the property sector is likely to remain in the doldrums while a weakness in the global economy will weigh on Dubai’s manufacturing and logistics sectors.

But this should be more than offset by a stepup in preparations for, and the hosting of the 2020 World Expo, it said.

Officials have previously estimated that Expo will provide a boost to the economy equal to $38 billion, or 33 percent of GDP.

Capital Economics is forecasting GDP growth of 3.8 percent this year before a pick-up to 4.5 percent in 2020.

But it also warned main risks to the outlook stem from long-standing debt problems, citing IMF data that show that the debt of Dubai’s government-related entities (GREs) – which were at the heart of the Dubai’s debt crisis in 2009 – amounted to $60 billion, equal to 50 percent of Dubai’s GDP.

“Debt restructurings in 2014 have masked the problems in recent years. But around half of GRE debt is due to mature between now and 2021,” said Jason Tuvey, senior emerging markets economist at Capital Economics.

“We’ve warned before that the risk of overcapacity after the World Expo means that the GREs could face weaker-than-expected revenues, harming their ability to service these debts,” he said.

Abu Dhabi is expected to roll over for the second time $20 billion of debt, due this month, that it extended to Dubai during its financial crisis a decade ago, Reuters reported last month citing three sources familiar with the matter said.

(additional reporting by Davide Barbuscia)

Source: OANN

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UK PM May warns of long delay to Brexit unless parliament backs her deal

FILE PHOTO: British PM May walks outside Downing Street in London
FILE PHOTO: British Prime Minister Theresa May walks outside Downing Street, as she faces a vote on Brexit, in London, Britain March 13, 2019. REUTERS/Henry Nicholls/File Photo

March 16, 2019

LONDON (Reuters) – Prime Minister Theresa May’s warned lawmakers that unless they approved her Brexit divorce deal after two crushing defeats, Britain’s exit from the European Union could face a long delay and could involve taking part in European parliament elections.

After two-and-a-half years of tortuous divorce negotiations with the EU, the final outcome is still uncertain with options including a long delay, exiting with May’s deal, a disorderly exit without a deal or even another referendum.

May has issued Brexit supporters a clear ultimatum – ratify her deal by a European Council summit March 21 or face a delay to Brexit way beyond June 30 that would open up the possibility that the entire divorce could be ultimately thwarted.

The prime minister bluntly warned that Britain will be forced to take part in European parliamentary elections expected to place at the end of May if there is a longer extension to Brexit talks.

“If the proposal were to go back to square one and negotiate a new deal, that would mean a much longer extension – almost certainly requiring the United Kingdom to participate in the European Parliament elections in May,” she said in an article in the Sunday Telegraph.

“The idea of the British people going to the polls to elect MEPs three years after voting to leave the EU hardly bears thinking about. There could be no more potent symbol of parliament’s collective political failure.”

EU leaders will consider pressing Britain to delay Brexit by at least a year to find a way out of the domestic maelstrom, though there is shock and growing impatience at the political chaos in London.

Her deal, an attempt to keep close relations with the EU while leaving the bloc’s formal structures, was defeated by 230 votes in parliament on Jan. 15 and by 149 votes on March 12.

But May continues to fight to build support for her plan, which is expected to put before lawmakers for a third time next week, possibly on Tuesday.

To get it through parliament, the prime minister must win over dozens of Brexit-supporting rebels in her own Conservative Party and the Northern Irish Democratic Unionist Party (DUP) which props up her minority government.

The DUP said it is continuing to hold talks with the government over the weekend but differences remained over the Irish border.

The changes would address the DUP’s concerns over the backstop – an insurance policy aimed at avoiding controls on the sensitive border between the British province of Northern Ireland and EU member Ireland. The backstop is the most contentious part of the divorce deal the government has agreed with the EU.

(Reporting By Andrew MacAskill; Editing by Guy Faulconbridge)

Source: OANN

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The headquarters of Wirecard AG is seen in Aschheim near Munich
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

April 26, 2019

BERLIN (Reuters) – Wulf Matthias will not stand for a second term as Wirecard’s chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

For age reasons alone this would not be an option for Matthias, aged 75, Handelsblatt added.

Matthias will keep his mandate until it ends in 2020, the paper quoted a company spokeswoman as saying.

Wirecard was not immediately available for comment when contacted by Reuters.

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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