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Singapore central bank leaves policy unchanged as expected

FILE PHOTO: A view of the Monetary Authority of Singapore's headquarters in Singapore
FILE PHOTO: A view of the Monetary Authority of Singapore's headquarters in Singapore June 28, 2017. REUTERS/Darren Whiteside

April 12, 2019

SINGAPORE (Reuters) – Singapore’s central bank on Friday kept its monetary policy unchanged as expected, citing easing economic growth and mild inflationary pressures.

The Monetary Authority of Singapore (MAS) said it would maintain the slope of the Singapore dollar’s policy band, while there would be no change to the width and level at which its band was centred.

The MAS manages monetary policy through exchange rate settings, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of its main trading partners within an undisclosed policy band.

(Reporting by Singapore Newsroom; Editing by Joe Brock)

Source: OANN

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Americans killed in Ethiopian Airlines crash included Army captain from Illinois, California brothers

An Army captain from the Chicago area and two brothers on an adventure before one was set to become a father were among the Americans killed when an Ethiopian Airlines jetliner plunged out of the sky on Sunday.

Antoine Lewis, 40, of Matteson, Ill., was a passenger on Ethiopian Airlines Flight 302 when the jetliner crashed shortly after takeoff, killing all 157 people onboard, according to Matteson Mayor Sheila Chalmers-Currin.

"I was devastated. Shocked and devastated," she told FOX32. "He was a humanitarian, a faith-driven man."

Lewis was in Africa doing Christian missionary work at the time of the air disaster. The 40-year-old enlisted in the army as a third-generation family member before going on to serve in Afghanistan, WGN reported.

FAA SAYS BOEING 737 MAX JETS CAN BE OPERATED DESPITE AUSTRALIA, CHINA GROUNDING THE PLANE

His father, Rodney Lewis, told WLS-TV he was stationed in Ottawa before leaving to go to Ethiopia.

Antoine Lewis was in Africa doing Christian missionary work at the time of the air disaster.

Antoine Lewis was in Africa doing Christian missionary work at the time of the air disaster. (Facebook)

"He was also stationed in South Korea, he was a military man, he loved it, he was moving up through the military," he said. "He went in as an enlisted man and he got his undergraduate degree and his graduate degree."

Lewis had planned to start a business or charity and build a home in Africa following his retirement from the military in a few years, according to family members. He leaves behind a wife and 15-year-old son.

One last trip before fatherhood turns deadly

Mel Riffel and his brother, Bennett Riffel, were on one last adventure before he was to become a father in May.

Mel Riffel and his brother, Bennett Riffel, were on one last adventure before he was to become a father in May. (Facebook)

Brothers Mel and Bennett Riffel were on one last adventure before Mel was expecting to become a father in May when they were killed in the crash.

The brothers from Redding, Calif. had been in Australia before visiting Africa, Redding Chamber of Commerce President Jake Mangas told the Record Searchlight. Mangas said he is close friends with the brothers' parents, Ike and Susan Riffel.

"Our family is devastated for Ike and Susan and certainly for Melvin's wife, Brittney," Mangas told the newspaper. "They are wonderful, faith-filled people and if there is any encouragement to me, it's in this difficult circumstance, I know they are surrounded by a community that loves them very much."

Parishioners at St. Joseph Church and School spent Monday placing flowers in the brothers' memory.  Both attended the church elementary school and their mother is the parish secretary, according to KRCR-TV.

ETHIOPIAN AIRLINES PLANE'S BLACK BOX RECOVERED AFTER DEADLY CRASH, BUT IS REPORTEDLY DAMAGED

"The community, we've been through a lot of things this past year, this year," Father Fred Gucor told the television station. "Very supportive community, just this morning after the Mass, people are offering prayer, offering them help, anything, anything."

In a statement to KRCR, a spokesperson for Ike and Susan Riffel said they were appreciating the outpouring so far.

"We appreciate the outpouring of love and support from the community. We ask for continued prayers," the spokesperson said.

'Great writer and an avid surfer'

Matt Vecere was among the 157 people killed in an Ethiopian Airlines crash.

Matt Vecere was among the 157 people killed in an Ethiopian Airlines crash. (IQAir)

A man originally from New Jersey who worked for a company that develops air quality products was also among the dead.

Matt Vecere grew up in Sea Isle City and studied ocean engineering at the Florida Institute of Technology. He later moved back to New Jersey when he transferred to Stockton University, FOX29 reported.

In 2005, Vecere moved to California, where he was living at the time of the crash while working for IQ Air, a Swiss-based company that develops air quality products. In a statement posted to Twitter, the company said it was "greatly saddened by the loss of our friend and colleague."

"Matt was a great writer and an avid surfer with a passion for helping others," the company said. "Our hearts are with Matt's family and all who lost their lives in this tragedy."

'Always had a smile on his face'

Mucaad Hussein of St. Cloud, Minnesota was on his way to visit relatives in Kenya when he was among those who perished.

Mucaad Hussein of St. Cloud, Minnesota was on his way to visit relatives in Kenya when he was among those who perished. (Facebook)

Mucaad Hussein of St. Cloud, Minnesota was on his way to visit relatives in Kenya when he ended up on the doomed flight.

Friends told FOX9 that Hussein was in his early 30s and had come to Minnesota in the 12th grade from Ethiopia. He later became a U.S. citizen, graduated from Apollo High School in St. Cloud and then studied at both St. Cloud Technical College and St. Cloud State.

“We used to play soccer together—very much involved in the youth soccer,” longtime friend Haji Yussuf told FOX9. “He was involved in a lot of different teams here in St. Cloud—youth programs. He was very visible in the community—very social, very outgoing—always smiling—always had a smile on his face.”

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Hussein an activist who was involved with local politics, loved to play soccer, FOX9 reported.

Aviation experts from the Federal Aviation Administration arrived at the crash site Tuesday outside the capital, Addis Ababa, with representatives from the National Transportation Safety Board to join the Ethiopian-led investigation.

The FAA said it expects Boeing will soon complete improvements to an automated anti-stall system suspected of contributing to the deadly crash of another new Boeing 737 Max 8 in October, and update training requirements and related flight crew manuals.

Boeing has said it has no reason to pull the popular aircraft from the skies.

The Associated Press contributed to this report.

Source: Fox News National

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Top gamer ‘Ninja’ made $1 million to promote EA’s ‘Apex Legends’ launch: source

FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles
FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, U.S., June 17, 2015. REUTERS/Lucy Nicholson/File Photo

March 13, 2019

By Arjun Panchadar

BENGALURU (Reuters) – What are a few hours playing videogames and a handful of tweets worth? $1 million if you are Tyler Blevins, known to millions as “Ninja,” the world’s most-followed computer gamer.

Blevins was one of a few select professionals with huge followings pulled in by videogame giant Electronic Arts Inc to play and promote its latest title, “Apex Legends,” in the first hours of the launch last month, generating a buzz that notched 10 million signups in the first three days.

The 27-year-old, famous for his hair color changes – currently a bright, turquoise hue – tweeted about the free-to-play game early on Feb. 5 and streamed the action to his more than 13 million followers on game-streaming site Twitch. For this he was paid around $1 million, a source told Reuters.

The amount underlines the increasingly cut-throat fight for dominance of the free-to-play battle royale genre that, through Epic Games’ global smash hit “Fortnite”, has pushed major publishers like Electronic Arts to change how they do business.

Representatives for EA and Ninja declined to comment on how much he had been paid, but the amount named by the source is more than twice media reports of Ninja’s monthly earnings from streaming his regular appearances on Fortnite and way above what was speculated on a number of internet discussion boards.

EA also paid popular Polish-Canadian streamer “Shroud,” who has nearly six million Twitch followers, to play Apex Legends but declined to disclose the terms of the deal.

“They did a fairly comprehensive job at pulling together all of the relevant game influencers in this genre,” said Kevin Knocke, a vice president at esports infrastructure firm ReKTGlobal.

“This was a really well coordinated poaching of the top influencers the likes of which has not been seen so far in esports,” he said, suggesting that EA had also roped in streamers better-known for playing other blockbusters like “Call of Duty” or “PUBG”.

The Ninja deal also points to the growing possibilities for teenagers who grow up hooked in their bedrooms on the industry’s big titles, as well as a shift in promotional strategy, with the use of popular gamers replacing expensive TV ad campaigns.

EA’s stock price and market value rose 16 percent, or $4 billion, in the three days after Apex Legends launched and a month later the game has 50 million users, a quarter of Fortnite’s 200 million.

“We really wanted to create a day where you couldn’t escape Apex if you cared about games and we wanted it to feel like an event was happening everywhere around the globe on that day,” Drew McCoy, lead producer at the EA studio that created Apex Legends, said in an interview.

“We had streamers from all over Europe, LatAm, North America, Korea, Japan so that we could get our message out there and people would see the game,” he said.

Joost van Dreunen, co-founder of Nielsen-owned gaming research firm SuperData, estimated that in 2018 Fortnite raked in $2.4 billion in revenue, more than any other single title.

If each user registered so far bought the most basic Apex Coin package, with which kids and teenagers can buy character skins and other upgrades, EA would take in $500 million. Analysts’ estimates hover around that figure in revenue annually.

Ninja, who reportedly plays Fortnite for 12 hours a day from his basement studio outside Chicago, has been one of many to benefit from its massive success.

He has streamed himself playing alongside major celebrities like rappers Drake and Travis Scott, has sponsorship deals with Red Bull and Uber Eats, and often appears on Instagram and Twitter alongside soccer players Neymar Jr and Harry Kane.

(Reporting by Arjun Panchadar in Bengaluru and additional reporting by Hilary Russ in New York; Editing by Sai Sachin Ravikumar)

Source: OANN

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Doug Schoen: Trump Foreign Policy Lacks Discipline

Doug Schoen, pollster and Democratic strategist, blasted President Donald Trump's approach to foreign policy and said it projects an image of the U.S. abdicating its role as "democracy's standard-bearer."

Schoen made his comments in a column posted by Fox News website Tuesday.

Schoen referred to former Vice President Dick Cheney recently pressing Vice President Mike Pence about Trump's foreign policy during a closed-door event.

"Despite often opposing Vice President Cheney, I largely agree with him that the Trump administration's foreign policy lacks direction and discipline," he said.

"I remain concerned that President Trump's nationalistic, isolationist 'America First' approach to foreign policy projects an image of the United States as abdicating our role on the world stage as democracy's standard-bearer."

Schoen claimed many of the "more reasoned voices" on Trump's national security team have left, notably former Secretary of Defense Jim Mattis.

"While I may not have wholeheartedly agreed with Secretary Mattis on everything, we share an understanding of the role that the United States should play on the world stage: the role of a global leader who champions democracy and stands up for our allies," he said.

And Schoen said Trump's lack of foreign policy direction has been particularly troubling.

"For America to truly succeed, we must renew our commitment to global leadership in a way that is informed by an idealistic, moral, yet also practical outlook toward the international community," he said.

Source: NewsMax Politics

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Asus implements fix for malware attack

A logo of Taiwanese multinational computer hardware and electronics company Asus is seen on a notebook computer during the annual Computex computer exhibition in Taipei
FILE PHOTO: A logo of Taiwanese multinational computer hardware and electronics company Asus is seen on a notebook computer during the annual Computex computer exhibition in Taipei, Taiwan June 1, 2016. REUTERS/Tyrone Siu

March 26, 2019

(Reuters) – Asus said on Tuesday it released an update to fix an attack, which according to security researchers had targeted one million-plus Asus users last year by hijacking the computer maker’s software update system.

The company said “a small number of devices” have been implanted with the malicious code through a sophisticated attack on its Live Update servers.

Moscow-based cyber security provider Kaspersky Lab said on Monday the attack took place between June and November last year and was used to deliver a software update with a “backdoor” that would give hackers access to infected machines.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Sriraj Kalluvila)

Source: OANN

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Canadian family drives home from Florida with dead body to avoid US health care costs, reports say

A Canadian family decided to keep driving when its 87-year-old patriarch died in the backseat of their car while returning home from a Florida vacation last month to avoid paying for U.S. health care, reports said.

When Fernand Drapeau’s wife and son reached the U.S.-Canada border on March 31, authorities stopped and searched the car. Inside they found Drapeau, who appeared to have died from a heart attack at least a day before arriving at the border, the Vancouver Sun reported.

FLORIDA MAN THREATENED TO DESTROY TOWN WITH ARMY OF TURTLES: POLICE

The family cited the high cost of U.S. health care, plus the cost of shipping the body back to Quebec as the reason for not stopping at a hospital, CTV News reported.

Border officials said it was the first time that such an incident has occurred.

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No charges have yet been filed in the case. Authorities are continuing to investigate.

Source: Fox News National

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Save The Children: 7 killed in airstrike on Yemen hospital

Save The Children says a hospital it supports in Yemen has been hit by an airstrike and seven people have been killed.

The humanitarian organization said in a statement that four of those killed were children. It said eight people were wounded and two adults are unaccounted for.

Save The Children said a missile struck a gasoline station near the entrance to Ritaf rural hospital, about 100 kilometers (60 miles) from the city of Saada in northwestern Yemen at 9:30 a.m. local time on Tuesday.

It said: "The missile was said to have landed within 50 meters of the facility's main building."

The organization said the hospital had open been open for half an hour and many patients and staff were arriving on a busy morning.

Source: Fox News World

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FILE PHOTO: Customers shop in a Sainsbury's store in Redhill
FILE PHOTO: Customers shop in a Sainsbury’s store in Redhill, Britain, March 27, 2018. REUTERS/Peter Nicholls/File Photo

April 26, 2019

By James Davey

LONDON (Reuters) – With Sainsbury’s dream of creating Britain’s biggest supermarket group in tatters, its chastened CEO Mike Coupe needs to reassure investors he has the plan to arrest a sales decline when he presents annual results next week.

Britain’s competition regulator blocked Sainsbury’s 7.3 billion pound ($9.4 billion) takeover of Walmart’s Asda on Thursday, saying the deal would increase prices. Sainsbury’s shares fell 5 percent and are down 22 percent over the last three months.

For Sainsbury’s fourth quarter to March 9 analysts are on average forecasting a 1.6 percent fall in like-for-like sales, which would follow 1.1 percent decline over the Christmas period.

Monthly industry data from researcher Kantar has also shown Sainsbury’s as the weakest performer of the big four grocers this year and this month it lost its status as Britain’s No. 2 supermarket group by market share to Asda.

While Sainsbury’s has struggled, market leader Tesco has gained momentum, this month reporting a 34 percent jump in full year profit.

Prohibition of the deal was a major blow to Coupe, its architect and Sainsbury’s boss since 2014.

Martin Scicluna became Sainsbury’s chairman last month and when bedded-in may decide that if the group needs a major shake-up it is best carried out by a new leader.

Much will depend on the attitude of 22 percent shareholder the Qatar Investment Authority, which has so far declined to comment, as well as Coupe’s own appetite to continue after 15 years at the group.

THE RIGHT STRATEGY?

Coupe said on Thursday he was confident Sainsbury’s was pursuing the right strategy.

That was a clear indication that Wednesday’s results statement will not include radical changes to the group’s plans, such as a big margin reset — sacrificing profit to drive sales.

However, sources connected to Sainsbury’s said Coupe would likely acknowledge that more needs to be done on prices, so the supermarket business can better compete with its big four rivals – Tesco, Asda and No. 4 Morrisons – as well as German-owned discounters Aldi and Lidl.

Coupe’s strategy is based on differentiating Sainsbury’s food offer, growing its general merchandise, clothing business and bank, while investing in convenience and online channels.

Some analysts believe major change is needed.

HSBC analyst David McCarthy reckons Sainsbury’s needs a margin reset, should allocate more space for core lines and needs to drive better store standards. He said Sainsbury’s might consider closing down space in some of its larger stores and reducing its non-food offer.

For the full 2018-19 year analysts are on average forecasting a pretax profit of 626 million pounds, up from 589 million pounds in 2017-18 – a second straight year of profit growth. A full year dividend of 10.5 pence per share is forecast versus 10.2 pence last time.

Bank and lawyer fees related to the proposed combination with Asda were 17 million pounds in the first half and have reportedly jumped to around 50 million pounds.

(Reporting by James Davey; Editing by Keith Weir)

Source: OANN

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FILE PHOTO: FILE PHOTO: A Canadian dollar coin commonly known as the
FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, Ontario, Canada, January 23, 2015. REUTERS/Mark Blinch/File Photo/File Photo

April 26, 2019

OTTAWA (Reuters) – Canada posted a budget surplus in the first 11 months of the 2018/19 fiscal year compared to a deficit the year earlier as revenues increased mostly on higher tax incomes, the finance department said on Friday.

The surplus for April-February was C$3.1 billion, compared to a deficit of C$6 billion in the same 2017/18 period. Revenues climbed by 8.5 percent, mainly due to higher tax receipts, while program expenses rose by 4.8 percent.

The surplus for February was C$4.3 billion compared with C$2.8 billion in February 2018. Revenues jumped by 12.2 percent while program expenses posted a more modest 6.9 percent gain.

Last month, the Liberals unveiled their new budget, projecting a C$14.9 billion deficit in 2018/19, with the deficit rising to C$19.8 billion in fiscal 2019/20.

(Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama)

Source: OANN

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President Trump said Friday he would beat Joe Biden “easily” in the 2020 presidential election, suggesting the former vice president could not have enough “energy” to hold the post—taking an apparent swipe at his age.

The president, departing the White House, was asked about Biden’s entrance into the Democratic primary field. Biden announced his presidential bid early Thursday morning, marking his third attempt at the White House.

JOE BIDEN OFFICIALLY LAUNCHES 2020 PRESIDENTIAL BID

“I think we’d beat him easily,” Trump told reporters Friday.

Trump, 72, said he feels “young” and is ready for 2020, and another term for his administration.

“I feel like a young man. I am a young, vibrant man,” Trump said. “I look at Joe, I don’t know about him.”

The president’s comments seemingly were a shot at the age of Biden, who is 76.

BIDEN ENTERS WHITE HOUSE RACE WITHOUT OBAMA’S ENDORSEMENT

“I would never say anyone’s too old,” Trump said. “I know they’re all making me look very young both in terms of age and in terms of energy.”

Biden became the 20th candidate to join the crowded Democratic primary field Thursday. But Biden is not the oldest in the pack. Sen. Bernie Sanders, I-Vt., is 77 and Sen. Elizabeth Warren, D-Mass., is 69.

Should Trump be re-elected, he would be 74 on Jan. 20, 2021—Inauguration Day. Should the presidency go to one of the elder Democrats in the field—Biden would be 78; Sanders would be 79; and Warren would be 71.

Meanwhile, in a wide-ranging interview on “Hannity” Thursday night, Trump dismissed Biden’s candidacy, nicknaming him “Sleepy Joe,” and saying he’s “not the brightest bulb.” Trump also said that while the former vice president has name recognition, he won’t “be able to do the job.”

Source: Fox News Politics

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Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas
Venezuela’s Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela April 8, 2019. REUTERS/Manaure Quintero

April 26, 2019

WASHINGTON (Reuters) – The U.S. Treasury Department on Friday imposed sanctions on Venezuela’s foreign minister and a Venezuelan judge, according to a statement on the department’s website.

Foreign Minister Jorge Arreaza and a judge, Carol Padilla, were targeted over the ongoing crisis in Venezuela, the Treasury Department said, the latest in a list of officials blacklisted by U.S. authorities for their role in President Nicolas Maduro’s government.

(Reporting by Susan Heavey, Makini Brice and Lesley Wroughton; Editing by Chizu Nomiyama)

Source: OANN

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Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

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