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VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck

89th Geneva International Motor Show in Geneva
A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse

March 28, 2019

HANNOVER (Reuters) – Volkswagen has signed a deal to develop a pick-up truck with U.S. rival Ford and may extend its alliance to include autonomous driving and mobility services, the German carmaker said on Thursday.

In January, VW and Ford agreed to develop a range of commercial vehicles and explored cooperating on electric and autonomous cars as part of a sweeping alliance designed to save each carmaker billions in costs.

“We are in constructive talks about taking a stake in Argo, the Ford division for autonomous driving. A joint company for offering mobility as a service is also a possibility,” Volkswagen’s commercial vehicles chief executive Thomas Sedran said on Thursday.

(Reporting by Jan Schwartz; Writing by Edward Taylor; Editing by Riham Alkousaa)

Source: OANN

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Ukrainian arrests 7 Russians for plotting attacks

The Ukrainian Security Service says that it has arrested seven Russian nationals who are believed to have been plotting attacks in Ukraine, but one of the suspects says he is safe in Russia.

Ukraine's intelligence agency, which is also known as the SBU, said Wednesday that two of the seven men claim to work for Russian intelligence but offered no documentation to back up this claim.

The arrests come days before Ukrainians vote in the presidential election runoff.

One of the men named by the SBU, Timur Dzortov, who is an official in the North Caucasus region of Ingushetia, told Radio Free Europe that he has not been arrested and that he is currently in his office in the city of Magas.

The SBU was not immediately available for comment.

Source: Fox News World

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German minister urges sanctions on EU members flouting principles

Foreign ministers of Sweden, Germany and Denmark in Finland
Germany's Minister of Foreign Affairs Heiko Maas attends a news conference with Finland's Minister for Foreign Affairs Timo Soini, Sweden's Minister for Foreign Affairs Margot Wallstrom and State Secretary for Foreign Policy of Denmark Jonas Bering Liisberg, in Helsinki, Finland March 19, 2019. Lehtikuva/Jussi Nukari via REUTERS

March 21, 2019

BERLIN (Reuters) – German Foreign Minister Heiko Maas said on Thursday the European Union should cut funding and impose sanctions on members which pass laws that contravene core EU principles such having an independent judiciary and freedom of the press.

Maas told German broadcaster ZDF that countries like Romania, Hungary and Poland received more EU funding than they provided, so curtailing that could provide important leverage.

“There are basic core principles that all must respect,” Maas said on a ZDF program. With members that breach them, “we’ll have to investigate if that should have financial consequences,” he added.

Cutting funding “is the only language that is understood there,” he said of countries which pass laws to restrict freedom of the press, for instance.

The European Parliament’s main center-right bloc voted on Wednesday to suspend the Fidesz party of Hungarian Prime Minister Viktor Orban amid concerns it had violated European Union principles on the rule of law.

Orban, who took power in 2010, has tightened controls over Hungarian public life, including the courts, the media and the economy, as well as education and now scientific research.

The EU is also at odds with Poland and Romania over legal steps that critics say undermine the rule of law and other core European values.

(Reporting by Andrea Shalal; Editing by Richard Chang)

Source: OANN

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Algeria’s Bouteflika will not run for a fifth term

FILE PHOTO: Algerian President Abdelaziz Bouteflika is seen in Algiers
FILE PHOTO: Algerian President Abdelaziz Bouteflika is seen in Algiers, Algeria April 9, 2018. REUTERS/Ramzi Boudina/File Photo

March 11, 2019

Algiers (Reuters) – Algeria’s President Abdelaziz Bouteflika will not run for a fifth term, the presidency said on Monday.

The presidency also announced the postponement of a presidential election which was due to take place in April.

A government reshuffle would take place soon, the presidency said in a statement.

(Reporting by Algiers bureau, editing by Angus MacSwan)

Source: OANN

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Media not ready to give up collusion narrative despite what Mueller report may say: conservative columnist

The mainstream media isn’t ready to give up the Russia collusion narrative even if the looming release of Robert Mueller’s report won’t contain anything damaging to President Trump.

That's according to Gary Abernathy, a contributing columnist for The Washington Post, who penned an piece titled “Admit it: Fox News has been right all along.”

The piece, published Monday, argued that while liberal networks seemingly got the Russia story wrong, they are unlikely to give up even when the report is published on Thursday.

“I have been critical of president trump. There are a lot of issues that the Democrats and those who don't like Trump can go after him on in 2020. And rightfully so. Legitimate political questions,” Abernathy said on "Fox & Friends."

“But, Russian collusion, that's done. I'm interested to see the Mueller report tomorrow. That's going to be interesting reading. But we know the bottom line conclusion.”

— Gary Abernathy, contributing columnist for The Washington Post

TRUMP MAINTAINS 'NO COLLUSION, NO OBSTRUCTION,' SAYS IT'S TIME TO 'INVESTIGATE THE INVESTIGATORS' IN RUSSIA PROBE

“But, Russian collusion, that's done. I'm interested to see the Mueller report tomorrow. That's going to be interesting reading. But we know the bottom line conclusion,” he said, noting that Attorney General William Barr announced that there was no collusion.

Abernathy said he was prompted to write the column after the media flipped on the credibility of Barr after his summary of the Mueller report was released.

“Ever since he did the summary on the Mueller report, you see people accusing him of being Donald Trump’s toady and now all of the sudden the 68-year-old career professional has become a political animal trying to protect the president,” he said.

“Frankly the facts don't back that up. That's ridiculous. I said all along when the report comes out you will not see any daylight between Barr, Rosenstein or Mueller on what the conclusions are.”

“Frankly the facts don't back that up. That's ridiculous. I said all along when the report comes out you will not see any daylight between Barr, Rosenstein or Mueller on what the conclusions are.”

— Gary Abernathy, contributing columnist for The Washington Post

DEMS WON’T TAKE NO COLLUSION FOR AN ANSWER, SEEK MUELLER EVIDENCE AND MORE

Abernathy concluded that the mainstream media networks aren’t ready to give up on covering the Russia collusion angle as they heavily invested in it since Trump’s election.

“They have invested a lot of time in the Russian collusion narrative and just not ready to give it up,” the columnist said. “Again, if there was something here, that would be understandable.”

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“I'm anxious to seat the Mueller report because I think a lot of people who think it's going to – they are going to find something there to call a bombshell revelation, I really expect the Mueller report to even go further in explaining point by point why all these little meetings and all these little, you know, dots that didn't connect, you know, why they didn't connect,” he added.

“I think the Mueller report will do a really good service to explain why that -- and, you know, why they didn't conclude collusion happened.”

Source: Fox News Politics

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Blackstone raises $22 billion fund, its largest ever: source

FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid/File Photo

April 3, 2019

(Reuters) – Asset manager Blackstone Group LP has raised more than $22 billion for its flagship buyout fund, which would be the company’s biggest ever, a source familiar with the matter told Reuters.

Blackstone expects to conclude the fundraising later this year, the source said.

A Blackstone spokeswoman declined to comment.

(Reporting by Joshua Franklin in New York and Bharath Manjesh in Bengaluru; Editing by Maju Samuel)

Source: OANN

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Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks

A worker closes the back of a Toyota Tundra pickup truck at Pickup Fan Club, on the outskirts of Beijing
A worker closes the back of a Toyota Tundra pickup truck at Pickup Fan Club, on the outskirts of Beijing, China March 21, 2019. REUTERS/Jason Lee

March 27, 2019

By Yilei Sun and Norihiko Shirouzu

BEIJING (Reuters) – Grey Liu bought his third vehicle four months ago – a Foton pickup truck, lured by its $7,000 price tag and its ability to transport his sports motorcycle to the grasslands of northern China where he likes to ride.

The Beijing-based businessman is among a growing number of drivers in China keen on pickups – either for leisure or just because they like them, expanding the market beyond traditional demand for farm, construction and maintenance work.

While calling his pickup “a big toy”, the 35-year-old notes some of his friends also have one. “There are more and more people like us,” Liu said.

Pickup demand – both work-related and the newer interest from mainstream consumers – has climbed on the back of an easing in government restrictions and last year China became the world’s second-biggest pickup truck market.

Signs this year that rules may be relaxed further are prompting industry executives and analysts to talk of a potential doubling or even greater jump in demand. That in turn is spurring Great Wall Motor Co, China’s largest pickup manufacturer, and Ford Motor Co, the maker of the most popular U.S. pickup series, to bolster product lines.

Great Wall is developing its first leisure model, President Wang Fengying told Reuters, revealing a previously unreported plan.

“We believe demand for multi-purpose pickup trucks will soon start taking off in a major way,” she said in a written statement, declining to provide further details.

The new truck will be priced much higher than current models and will be one of five all-new pickups in the next three years, sources familiar with Great Wall’s plan said, declining to be identified as they were not authorized to speak on the matter.

At least one of the five would be an electric model, they added.

RESTRICTIONS RELAXED

Although overall demand in the world’s biggest auto market fell last year for the first time since the 1990s, pickup truck sales rose 10 percent to around 452,000 vehicles for a fourth straight year of growth, according to consultancy LMC Automotive.

(GRAPHIC: China’s pickup sales are climbing – https://tmsnrt.rs/2Ogjm2A)

That helped China overtake Canada as a pickup truck market, although it is far behind U.S. figures of just under 3 million. Like much of the world, the segment remains niche in China, accounting for less than 2 percent of overall sales. That contrasts with 16 percent for the United States and over 40 percent for Thailand.

Chinese demand grew after the government in 2016 allowed pickups to enter some urban areas in four of 31 mainland provincial-level areas. Last year, requirements that pickups have large unsightly labels that clearly marked them as commercial vehicles were dropped, making the vehicles far more attractive to mainstream consumers.

Then in January, China’s state planning body said it would steadily relax restrictions on pickups in cities – part of measures aimed at lifting consumer spending. It did not, however, say when or where rules might be eased.

Depending on how extensive that easing is, annual pickup demand in China could double or triple even if limited parking options hobble demand in the country’s biggest cities like Shanghai, executives and analysts say.

“If China allows pickup trucks to enter central areas in more cities, the market could grow to 1 to 2 million units a year,” said Yale Zhang, head of Shanghai-based consultancy Automotive Foresight.

PRODUCTS PLANNED

Great Wall’s new leisure pickup would be similar to Ford’s mid-sized Ranger and priced at more than 200,000 yuan ($29,800), a mark up of at least 70 percent over its current most expensive pickup, sources familiar with the plan said.

“We aim to make this higher-end pickup feel more like a passenger vehicle and it will have an interior design like our SUV models,” said one source.

According to a separate source, the vehicle is part of the company’s plan to eventually enter the United States, although the model would likely have to be modified. Great Wall had aimed to enter the U.S. market in 2021 but U.S.-Sino trade tensions have currently made exports from China uneconomical.

Ford plans to launch a new pickup in China this year, adding to the F150 Raptor which it introduced in early 2017 and the Ranger which was launched in 2018. Sales for the Raptor, priced from 466,800 yuan ($69,565), tripled to nearly 2,500 vehicles last year, the company said. It declined to disclose sales for the Ranger which sells from 305,800 yuan ($45,570).

“Ford continues to see growing opportunities in China’s pickup truck market, because of a combination of regulatory conditions and growing consumer interest,” a spokesman said in an e-mailed statement.

With China pushing the development of electric vehicles hard, some domestic makers have joined Great Wall in looking at electric pickups, including Ford partner Jiangling Motors and Volkswagen partner JAC Motors.

Zhejiang Geely Holding Group Co Ltd is developing a new electric pickup, a company source told Reuters, adding it would be made by its Yuan Cheng Auto unit. The source, who declined to be named as the plans are not public, did not provide further details.

Some global automakers, however, have yet to jump into the market feet first and their models are primarily imported and sold by independent dealers.

Li Jiyuan, who works at a dealership that sells Toyota Motor Corp and RAM pickup trucks, says business has been hit somewhat by trade war uncertainties. To drum up more traffic, the dealership will expand into sales of BMW sport utility vehicles and explore online sales, he added.

(Reporting by Yilei Sun and Norihiko Shirouzu in Beijing; Writing by Brenda Goh; Editing by Edwina Gibbs)

Source: OANN

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

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The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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