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Storm to hit Rockies before forming new ‘bomb cyclone’

A Montana town evacuated for a wildfire one day has snow in the forecast two days later. Fire warnings have popped up across eastern Colorado. Areas that were paralyzed by blizzards and floods last month are getting ready for round two of a weather phenomenon known as a "bomb cyclone."

Welcome to springtime in the Rockies and parts of the Great Plains.

Meteorologists say much of it is normal. But what is unusual is the second consecutive month for an inland bomb cyclone, which is a rapid drop in air pressure.

A March 13 bomb cyclone caused massive flooding and produced winds of between 96 and 110 mph.

A new one is expected to form this week over many of those same areas.

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Associated Press writers Seth Borenstein in Washington, D.C., and Dan Elliott in Denver contributed to this report.

Source: Fox News National

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20 detained at protests in Kazakhstan

Media reports say that more two dozen people have been detained in Kazakhstan's capital over a proposed name change.

The parliament in this Central Asian nation voted earlier this week to change the name of the capital Astana to Nursultan after the outgoing long-time president. The new president will have to sign the decree to make the change official.

The Interfax news agency and other local media reported on Friday that some 20 people have been detained in the commercial capital Almaty to protest the name change. More people were detained in Astana and Almaty on Thursday amid scuffles with police.

President Nursultan Nazarbayev abruptly resigned on Tuesday after nearly 30 years at the helm of this oil-rich country.

Source: Fox News World

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Japan’s coincident index improves, government maintains economic view

Japan's Prime Minister Shinzo Abe delivers a press conference standing next to the calligraphy 'Reiwa' which was chosen as the new era name at the prime minister's office in Tokyo
Japan's Prime Minister Shinzo Abe delivers a press conference standing next to the calligraphy 'Reiwa' which was chosen as the new era name at the prime minister's office in Tokyo, Japan, April 1, 2019. Franck Robichon/Pool via Reuters

April 5, 2019

TOKYO (Reuters) – Japan’s coincident indicator index improved for the first time in four months in February and the government kept its view to say the economy is at “a turning point”, government data showed on Friday.

Calculated from a range of data including factory output, employment and retail sales, the index, along with other data, will be assessed retrospectively by a government panel of economists and academics to determine where the economy is in the cycle.

The index of coincident indicators rose a preliminary 0.7 point in February from the previous month, the Cabinet Office said.

The government kept its assessment intact to say the economy was at “a turning point towards a downgrade”, meaning the economy may have peaked a few months earlier.

Concern has been growing over Prime Minister Shinzo Abe’s economic policies amid a series of weak data such as exports and factory output.

The index for leading economic indicators, which is a gauge of the economy a few months ahead and is compiled using data such as job offers and consumer sentiment, rose 0.9 point from January.

(Reporting by Kaori Kaneko; Editing by Chang-Ran Kim)

Source: OANN

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Trump team readies PR offensive on North America trade deal’s economic effects

FILE PHOTO: FILE PHOTO: G20 leaders summit in Buenos Aires
FILE PHOTO: U.S. President Donald Trump, Canada's Prime Minister Justin Trudeau and Mexico's then-President Enrique Pena Nieto attend the USMCA signing ceremony before the G20 leaders summit in Buenos Aires, Argentina November 30, 2018. REUTERS/Kevin Lamarque/File Photo

April 17, 2019

By David Lawder and David Shepardson

WASHINGTON (Reuters) – The Trump administration is readying a public relations offensive over the economic impact of its new North American trade deal to counter a crucial report expected on Thursday that economists see as likely to show minimal gains at best.

Industry sources familiar with the administration’s plans told Reuters the U.S. International Trade Commission’s analysis of the U.S.-Mexico-Canada Agreement would be met with a rosier forecast from the U.S. Trade Representative’s office.

The three countries agreed last year to the deal to replace the 25-year old North American Free Trade Agreement after President Donald Trump’s relentless criticism of NAFTA, calling it “the worst trade deal ever made” and insisting it be improved or scrapped.

The ITC report has been kept under wraps and is being keenly awaited by U.S. lawmakers to help them decide whether to support USMCA. A report showing little or no gain from the changes would be a setback for the administration and give some Democrats an excuse to deny Trump a major political victory.

The report will measure USMCA’s effects on gross domestic product, income, job creation and specific sectors against a baseline of NAFTA – a trade deal that already has eliminated nearly all tariffs among the three countries.

“You wouldn’t expect big effects compared to the existing NAFTA,” said Laura Baughman, president of Trade Partnership Worldwide LLC, a consulting firm that analyzes the economic impacts of trade actions and policies.

Baughman estimated the overall gain in U.S. GDP in the deal’s 15th year would be barely perceptible at about 0.01 percent and could be negative if the ITC fails to give enough weight to new provisions on digital trade, increased customs efficiency and services.

The ITC report will analyze areas that are more difficult to measure than tariffs, such as new rules of origin, intellectual property protections or elimination of non-scientific food safety barriers.

But people familiar with the matter said the USTR was expected to argue that the ITC analysis fails to adequately capture the full benefits of the trade deal.

The USTR is expected to emphasize how the new rules of origin for autos create incentives for companies to invest in research and development and increase production of auto parts, steel, aluminum and textiles. The trade agency also is expected to emphasize new provisions on digital trade and small parcel shipments, stronger intellectual property protections including those for drug makers, as well as increased dairy and poultry access to Canada.

The deal already faces an uphill battle among Democrats now in control of the House of Representatives, who have voiced concerns about the enforcement of labor rights provisions in Mexico and USMCA’s effect on drug prices. Canada and Mexico are seeking exemption from U.S. tariffs on global metal imports imposed last year.

AUTOS RULES

A major question mark is whether tighter regional content rules for the automotive sector will be a positive or negative in the report.

USMCA requires that 75 percent of a vehicle’s value be made in North America, with 40 to 45 percent produced in high-wage areas paying at least $16 an hour, requiring significant automotive production in the United States and Canada.

The Trump administration had hailed the provision as a centerpiece of USMCA that would stem the flow of automotive jobs to Mexico and incentivize “billions annually in new U.S. vehicle and auto parts production.” Commerce Secretary Wilbur Ross said at one point the deal would bring back “the vast majority” of the 250,000 auto parts jobs lost over the years.

But economists from the International Monetary Fund analyzed the deal using the same economic model used by the ITC and found a negligible impact on U.S. GDP over the medium term, but a slight loss of $794 million in consumption, a broader measure of economic benefit, due to reduced activity in autos and textiles.

“The results show that the tighter rules of origin in the auto sector and the labor value content requirement would not achieve their desired outcomes,” the IMF researchers said in the paper, published in late March. “The new rules lead to a decline in the production of vehicles and parts in all three North-American countries, with shifts toward greater sourcing of both vehicles and parts from outside of the region.”

A spokeswoman for the U.S. Trade Representative’s office declined to comment on a query about plans for an alternative analysis.

SMALL GAINS FOR TPP

In 2016, the ITC’s report on the Trans-Pacific Partnership trade deal showed that by its 15th year, the reduced tariffs and increased trade among the 12 member countries would boost U.S. GDP by 0.15 percent, or $42.3 billion, compared with no deal.

Employment in the TPP analysis would be higher by about 128,000 full-time equivalent jobs. While automotive exports would increase over the long term, auto imports from Japan would rise in the near term. Trump withdrew from the TPP in 2017 in one of his first actions as president.

The U.S. Chamber of Commerce also sought to temper the expected impact of the trade commission’s report on USMCA by pointing out that ITC had traditionally focused just on goods tariff reductions.

“In this case, the USMCA eliminates some remaining Canadian barriers facing U.S. dairy and poultry exports, but the bottom line is that there just aren’t many tariffs left to cut,” John Murphy, the Chamber’s senior vice president for international policy, said in a blog posting on Tuesday.

He said members of Congress should keep in mind the bigger picture of NAFTA’s importance to the U.S. economy, with $1.4 trillion in trade among the three countries last year.

Trump has frequently threatened to withdraw from NAFTA if Congress fails to approve USMCA, a scenario that experts have said would lead to widespread economic damage as tariffs among the three countries snap back to 1994 levels, spiking costs for auto production and crippling U.S. agricultural exports.

“Looking at USMCA against a baseline of no NAFTA, it’s a big gain,” said Gary Hufbauer a senior fellow at the Peterson Institute for International Economics.

(Reporting by David Lawder and David Shepardson; Additional reporting by Chris Prentice in New York; Editing by Peter Cooney)

Source: OANN

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Judge to consider new trials for 2 in pizza delivery killing

A state judge will consider new trials for two men convicted of killing a Louisiana high school student.

The Advocate reports Judge Brenda Bedsole Ricks on Monday set a timetable for arguments on the cases of James Skinner and Darrell Hampton.

Skinner and Hampton have long claimed they didn't kill Eric Walber. The 16-year-old, who delivered pizza, was found robbed, beaten and run over on a Tangipahoa Parish road in 1998.

In March 2016, the U.S. Supreme Court overturned the conviction of Michael Wearry, the accused ringleader in the killing. The court found prosecutors violated Wearry's rights when they withheld evidence undercutting two witnesses.

Lawyers for Skinner and Hampton argue their clients' second-degree murder convictions rely on the same witnesses called by the same prosecutors who withheld the same information.

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Information from: The Advocate, http://theadvocate.com

Source: Fox News National

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OH Predictive Insights Poll: Romney Tops Trump in Utah

If the Utah primary were held today, President Donald Trump would lose to the state’s Republican senator, Mitt Romney, according to a poll released Thursday.

OH Predictive Insights, which is based in Arizona, found most Republicans in Utah prefer Romney to Trump:

  • Romney: 55 percent.
  • Trump: 37 percent.
  • Undecided: 8 percent.

"Republican-base voters around the country back President Trump survey after survey shows," said Mike Noble, OH Predictive Insights' chief of research, in a press release. "But Beehive State voters buck that trend, giving the state’s junior senator a wide margin of victory in a matchup."

Although Romney beats out Trump among Republicans and those who think of themselves as somewhat conservative, Trump holds more sway with those who consider themselves very conservative.

  • Somewhat conservative: Romney 56 percent, Trump 34 percent.
  • Very conservative: Romney 41 percent, Trump 52 percent.

"Just seven years ago, Romney won a bitter primary battle to carry the mantle for the GOP but lost to President Obama," Noble added. "If he wants to take on President Trump in a primary, he can count on Utahns to have his back."

Trump came in third in the 2016 Utah GOP primary, behind Sen. Ted Cruz, R-Texas, and former Ohio Gov. John Kasich, garnering only 14 percent of the vote. He won the state in the general election with 45 percent of the vote, with 21 percent going to independent candidate, and Utah native, Evan McMullin. Romney has said he would not challenge Trump for the Republican nomination in 2020.

OH Predictive Insights polled 275 Republicans in Utah by phone and online from March 15 to 27, and has a margin of error of plus or minus 5.9 percentage points.

Source: NewsMax Politics

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Backstage at Brexit summit: Huddles, deals, delicate dance

A daylong diplomatic ballet is playing out in the European Quarter of Brussels for another high-stakes Brexit summit.

It will culminate in a closed-door dinner where presidents and prime ministers will talk for hours and hours until no one disagrees anymore. And only then will British Prime Minister Theresa May find out when Brexit will finally happen .

But first, the Dutch prime minister is playing messenger between ally May and harder-line EU leaders. The French and German leaders are having their own huddle. A mini-club of North Sea countries is gathering elsewhere.

It is all part of the backdoor politicking that's the only way the EU can ever come to a consensus. It's baffling to outsiders — but the EU has elevated it into an art.

Source: Fox News World

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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.

CLICK HERE TO GET THE FOX NEWS APP

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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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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The Dalai Lama has returned to his headquarters in the north Indian hill town of Dharmsala after a brief stay in a hospital in the capital for treatment of a chest infection.

Hundreds of exiled Tibetans lined the streets of Dharmsala carrying ceremonial scarves and incense sticks to welcome the Dalai Lama on Friday.

The 83-year-old Tibetan spiritual leader told reporters that he had fully recovered, but that the illness had been “a little bit serious.” He did not give any details.

The Dalai Lama usually spends several months a year traveling the world to teach Buddhism and highlight Tibetans’ struggle for greater freedom in China. But he has cut down on his travels in the past year to take care of his health.

Source: Fox News World

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