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War Room – 2019-Feb-19, Tuesday – Bernie Announces 2020 Run Despite Being Ineligible

Jesse Lee Peterson, Tony Arterburn, and Kaitlin Bennett join Harrison Smith on the War Room to discuss Bernie Sanders’ Presidential announcement, the Jussie Smollett hoax, Lara Logan’s revelations about the mainstream media, and much more!

GUEST // (OTP/Skype) // TOPICS:
Jesse Lee Peterson//Skype
Tony Arterburn//Skype
Kaitlin Bennett//Skype

Source: The War Room

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Steve Forbes: Biden’s run for president ‘4 years too late’

Former Republican presidential candidate Steve Forbes said Thursday that former Vice President Joe Biden is running for president "four years too late."

"I think Biden made a huge mistake.  I think it's a classic case, Neil, he's running four years too late like Elizabeth Warren. If they ran in 2016, both would have had a shot not only winning the nomination but certainly Biden winning the general election," Forbes said on "Your World with Neil Cavuto."

Biden, in an online video Thursday, officially declared his candidacy for president in 2020 after weeks of speculation.

PROGRESSIVE GROUP TAKES AIM AT BIDEN SOON AFTER LAUNCH

President Trump welcomed Biden into the presidential race through Twitter but warmed him the primary will be "nasty."

"Welcome to the race Sleepy Joe," Trump tweeted. "I only hope you have the intelligence, long in doubt, to wage a successful primary campaign. It will be nasty - you will be dealing with people who truly have some very sick & demented ideas. But if you make it, I will see you at the Starting Gate!"

Neil Cavuto and his panel of experts were discussing the tone of the video announcement in which the former vice president pointed to the violence in Charlottesville, Va., at a "Unite the Right" rally in August 2017.

Biden took aim at Trump’s response that “there were some very fine people on both sides.”

The chairman of Forbes Media said Biden wasn't giving the message of a senior candidate.

"People want to hope for the future. They know things are bad now, a lot of people feel the president is not up to the office, and all that kind of thing, but Biden is being the senior candidate, when the senior candidate in there should say, 'I've seen a lot, we're going to come out of it. Here's how,'" Forbes said.

Fox News contributor Kat Timpf added that Biden was taking a tone similar to Hillary Clinton in 2016 -- and that didn't work out for her.

CLICK HERE TO GET THE FOX NEWS APP

"Obama had a message of, imagine what could happen in the future we could have if I were president. This is him saying, there won't be a future if me or a Democrat is not president," Timpf said.

"That is interesting to me because in 2016, the Democrats, Hillary Clinton and her campaign made things about attacking Trump and the doom and gloom situation if Trump were to be elected and they didn't win. It seems like Joe Biden's announcement was doing the same thing."

Source: Fox News Politics

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South Korea February exports seen sliding most in nearly three years: Reuters poll

FILE PHOTO : A truck drives between shipping containers at a container terminal at Incheon port in Incheon
FILE PHOTO: A truck drives between shipping containers at a container terminal at Incheon port in Incheon, South Korea, May 26, 2016.REUTERS/Kim Hong-Ji

February 26, 2019

By Hayoung Choi and Cynthia Kim

SEOUL (Reuters) – South Korean exports likely fell the most in nearly three years in February as China demand falters, a Reuters poll showed on Tuesday, pointing to further stresses caused by the Sino-U.S. trade conflict.

Exports are expected to have contracted 10.8 percent from the same period a year earlier, the third consecutive month of declines and a much sharper drop than January, according to a median estimate of 12 economists. Exports fell 5.8 percent in January.

Imports were predicted to shrink for a second straight month, falling 11.6 percent in February compared with a dip of 1.3 percent in January.

Analysts said exports from Asia’s fourth-largest economy would remain subdued possibly until the third quarter on cooling demand in China, its biggest trading partner.

“Korean export growth will bottom out in the third quarter, as Chinese growth starts rebounding in the second quarter,” said Lee Seung-hoon, an analyst at Meritz Securities. “For the full year, we see exports shrinking by 4 percent.”

Though trade negotiations between Washington and Beijing appear to be making some progress, export-driven Asian countries including South Korea, Japan and Taiwan are reeling from disruptions in supply chains.

“Given the easing trade frictions and emerging impact of Chinese stimulus measures, trade performance will rebound gradually,” said Park Sang-hyun, an economist from HI Investment.

South Korea, the world’s sixth-largest exporter and biggest manufacturer of memory chips, also has been squeezed by the falling price of micro-chips and petroleum products, its other key export.

For the first 20 days in February, South Korea’s overseas sales fell 11.7 percent, with sales of memory chips and petroleum goods falling by 27.1 percent and 24.5 percent, respectively. By destination, exports to China tumbled 13.6 percent.

Survey respondents also forecast the February headline inflation rate would ease to 0.5 percent on-year versus 0.8 percent in January, remaining firmly below the central bank’s 2-percent target.

Despite falling exports, January industrial output is expected to have narrowly avoided contraction by gaining a mere 0.2 percent from a month earlier, versus the 1.4 percent decline in December.

January industrial output data will be out at 2300 GMT on Wednesday. Trade data are scheduled to be published at 0000 GMT on Friday, while the inflation figures will be released at 2300 GMT on March 4.

(Additional reporting by Yuna Park; Editing by Kim Coghill)

Source: OANN

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Dovish Fed shift lifts Asian shares, dollar nurses losses

FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo
FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 28, 2018. REUTERS/Toru Hanai

March 21, 2019

By Andrew Galbraith

SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over slowing global growth and U.S.-China trade talks are expected to limit gains.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 percent in early trade. Australian shares were last down 0.1 percent.

Markets in Japan are closed on Thursday for a public holiday.

The rise in the broad Asian index followed a wobbly session on Wall Street overnight, as growth and trade concerns overcame an initial shift toward more risk-taking sparked by the Fed’s dovish shift.

In comments at the end of a two-day policy meeting Wednesday, the Fed abandoned projections for any interest rate hikes this year amid signs of an economic slowdown, and said it would halt the steady decline of its balance sheet in September.

But while investors cheered the Fed’s new approach, the reasons behind it sparked concern. Lingering worries about China-U.S. trade talks, which are set to resume next week, also weighed on the investment mood, with U.S. President Donald Trump warning that Washington may leave tariffs on Chinese goods for a “substantial period” to ensure Beijing’s compliance with any trade deal.

“What the Fed is doing is trying to engineer a soft landing. What the market is hearing though is things have gotten so weak so quickly … and the earnings outlook is so dire that real money managers don’t want to chase this rally,” Greg McKenna, strategist at McKenna Macro wrote in a morning note to clients.

The Dow Jones Industrial Average fell 0.55 percent to 25,745.67, the S&P 500 lost 0.29 percent to 2,824.23 and the Nasdaq Composite added less than 0.1 percent to 7,728.97.

The Fed’s comments pushed yields on benchmark U.S. Treasurys lower, with 10-year notes yielding 2.5245 percent compared with a U.S. close of 2.537 percent on Wednesday.

The abandonment of plans for more rate hikes this year pushed the two-year yield, sensitive to expectations of higher Fed fund rates, to 2.3982 percent, down from a U.S. close of 2.4 percent.

After falling on Wednesday, the dollar steadied, with a basket tracking the currency against major rivals flat at 95.910.. It was up a hair against the Japanese currency, buying 110.70 yen.

The euro was up 0.14 percent on the day at $1.1427, while sterling rebounded from a sharp drop Wednesday after British Prime Minister Theresa May asked the EU to delay Brexit until June 30, a shorter extension than some in the market had been expecting. May later said she was “not prepared to delay Brexit any further.”

The pound was up 0.11 percent at $1.3211.

In commodity markets, oil prices, which had jumped Wednesday on supply concerns, retreated.

U.S. crude fell 0.1 percent to $60.17 a barrel after touching four-month highs on Wednesday. Brent crude was a touch lower at $68.47 per barrel.

Gold gained on the weaker dollar, with spot gold up 0.27 percent at $1,315.72 per ounce. [GOL/]

(Reporting by Andrew Galbraith; Editing by Sam Holmes)

Source: OANN

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‘It’s not about the Benjamins,’ Netanyahu says of U.S. support for Israel

FILE PHOTO: U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu shake hands as Netanyahu departs the White House in Washington
FILE PHOTO: U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu shake hands as Netanyahu departs the White House in Washington, March 25, 2019. REUTERS/Leah Millis/File Photo

March 26, 2019

TEL AVIV (Reuters) – Israeli Prime Minister Benjamin Netanyahu said “it’s not about the Benjamins” as he hit back on Tuesday against any suggestion that U.S. politicians are paid to support Israel.

A tweet in February by Democratic Representative Ilhan Omar, a freshman legislator from Minnesota, was widely seen as echoing an anti-Semitic slur that Jews influence governments through money.

“It’s all about the Benjamins baby,” Omar wrote, using a slang term for $100 bills. She subsequently apologized, saying she was grateful for “Jewish allies and colleagues who are educating me on the painful history” of anti-Semitic epithets.

Netanyahu, addressing a Washington convention of the pro-Israel lobby group AIPAC, said via satellite from Tel Aviv: “Some people will just never get it. They’ll never understand why the vast majority of Americans – Jews and non-Jews alike – support Israel.”

He did not mention Omar by name.

“Take it from this Benjamin: it’s not about the Benjamins,” Netanyahu said. “The reason the people of America support Israel is not because they want our money, it’s because they share our values.”

Netanyahu had been due to address AIPAC in person, but he returned to Israel on Tuesday, two days ahead of schedule, after a rocket attack from Gaza wounded seven people in a village north of Tel Aviv.

(Writing by Jeffrey Heller; Editing by Mark Heinrich)

Source: OANN

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Supreme Court rejects appeal from mystery corporation subpoenaed by Mueller

The Supreme Court on Monday rejected an appeal from a company owned by an unidentified foreign government that has refused to turn over information subpoenaed by Special Counsel Robert Mueller.

The company, whose identity remains a mystery with details filed under seal, is facing a $50,000 per day court-imposed fine for failure to turn over documents responsive to a grand jury subpoena. Fines for the company have been accruing since January and could total nearly $3.5 million.

MYSTERY COMPANY MUST COMPLY WITH SUBPOENA LINKED TO MUELLER PROBE, APPELLATE COURT RULES

Federal prosecutors have been trying to get the information from the unnamed company since as early as the summer of 2018.

The company has challenged the subpoena from the federal grand jury in Washington and refused to turn over requested documents to Mueller’s team. The corporation argued that complying with the subpoena would violate the laws of its country and constitute an undue hardship. In December, the D.C. Circuit Court of Appeals rejected their argument.

The high court’s decision comes after Mueller turned over his final report to Attorney General William Barr. Barr, in a summary sent to Congress, said that Mueller found no evidence of collusion between Trump campaign associates and Russia during the 2016 presidential election.

MUELLER SEEKING SUBPOENA, CONTEMPT CITATION AGAINST FOREIGN CORPORATION

Despite the fact that the investigation is complete, the status of the grand jury impaneled in the case remains unclear. The fines on the company will continue to accrue until the grand jury is discharged.

The special counsel issued more than 2,800 subpoenas, executed nearly 500 search warrants, obtained more than 230 orders for communication records and interviewed approximately 500 witnesses, according to Barr's summary.

Fox News' Gregg Re and The Associated Press contributed to this report. 

Source: Fox News Politics

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Guardian Writer Suggests White People Aren’t Human in Bizarre Tweet


A writer for the Guardian and Rolling Stone received a backlash after appearing to suggest in a tweet that white people were not human.

In what was an apparent response to the terror attack on a mosque in New Zealand, Jamie Peck, a “regular Guardian contributor” who also writes for Rolling Stone and Broadly, tweeted, “We are in a war between those who choose to be human and those who choose to be white. In order to effectively stamp out fascism, we must take on all hierarchies at once. White supremacy cannot be disentangled from patriarchy and class oppression. Liberalism is not the answer.”

Quite what Peck meant by ‘choosing’ to be white is not known, given that no one can choose their skin color (unless they’re Rachel Dolezal).

The tweet is a direct violation of Twitter’s rules, which state, “You may not dehumanize anyone based on membership in an identifiable group.”

Peck has a history of anti-white racism, having previously tweeted, “white genocide is good as hell” in response to a comment about white men watching pornography.

Following the tweet, many users called on the Guardian and Rolling Stone to sever ties with Peck.

“This is what accelerationism looks like. White people no longer human according to this person,” commented Breitbart writer Chris Tomlinson.

Tomlinson also posted a series of tweets from Peck’s podcast Twitter account, which features a communist hammer and sickle in its handle.

“White genocide is good as FUCK,” said one tweet.

“Real genocide is horrific, white genocide is fine,” said another tweet.

SUBSCRIBE on YouTube:

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*********************

Paul Joseph Watson is the editor at large of Infowars.com and Prison Planet.com.

Source: InfoWars

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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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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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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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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