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Nationalist Alliances Forming In Europe Pose Threat To Globalism

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Source: InfoWars

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Boeing reshuffles top engineers amid 737 MAX crisis

FILE PHOTO: An American Airlines Boeing 737 MAX 8 flight approaches for landing at Reagan National Airport in Washington
FILE PHOTO: An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. REUTERS/Joshua Roberts

March 20, 2019

By Eric M. Johnson

SEATTLE (Reuters) – Boeing Co, facing its biggest crisis in years following deadly crashes of its flagship 737 MAX aircraft, has brought in a new vice president of engineering while dedicating another top executive to the aircraft investigations, a company email showed on Tuesday.

The management reshuffle comes as Europe and Canada said they would seek their own guarantees over the safety of Boeing’s 737 MAX, further complicating plans to get the aircraft flying worldwide after they were grounded in the wake of crashes that killed more than 300 people.

John Hamilton, formerly both vice president and chief engineer in Boeing’s Commercial Airplanes division, will focus solely on the role of chief engineer, the unit’s Chief Executive Officer Kevin McAllister told employees on Tuesday in an email seen by Reuters.

“This will allow him to fully dedicate his attention to the ongoing accident investigations,” McAllister said, adding that the staffing changes were needed as “we prioritize and bring on additional resources for the ongoing accident investigations.”

Lynne Hopper – who previously led Test & Evaluation in Boeing’s Engineering, Test & Technology group – has been named vice president of Engineering, McAllister said.

A Boeing spokesman declined to comment but confirmed the authenticity of the email.

The shakeup showed how the world’s largest planemaker was freeing up engineering resources as it faces scrutiny during crash investigations while also maintaining production of its money-spinning 737 single-aisle aircrafts.

Previously, Hamilton served as the vice president of engineering for Boeing Commercial Airplanes from April 2016 through March 2019, according to a biography on Boeing’s website.

From July 2013 through March 2016, Hamilton served as the vice president of Safety, Security and Compliance and oversaw the Commercial Airplanes Organization Designation Authorization – a program that takes on specific safety certification duties on behalf of the U.S. Federal Aviation Administration.

Lawmakers and safety experts are questioning how thoroughly regulators vetted the MAX model and how well pilots were trained on new features.

For now, global regulators have grounded the existing fleet of more than 300 MAX aircraft, and deliveries of nearly 5,000 more – worth well over $500 billion – are on hold. (Graphic: https://tmsnrt.rs/2Hv2btC)

(Reporting by Eric M. Johnson in Seattle; Editing by Lisa Shumaker)

Source: OANN

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Ex-president: Peace possible when all Afghans sit together

Afghanistan's former president says he's saddened by the cancellation of wide-encompassing talks with the Taliban, stressing that peace won't be possible in his homeland, ravaged by more than 17 years of war, until Afghans from all walks of life sit together and negotiate.

Hamid Karzai spoke to The Associated Press a day after the Qatari hosts announced that a scheduled gathering of Afghan-to-Afghan talks was postponed indefinitely after a falling out over who should attend.

The talks were to start on Friday in Qatar, where the Taliban maintain an office. They would have marked the first time that Taliban and Kabul government officials sat together.

Although Karzai did not blame a particular side for the cancellation, he urged the U.S. to "put force behind it to make it (talks) happen."

Source: Fox News World

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Giuliani rips Democrats over Mueller report fallout: ‘These are terrible, terrible people’

President Trump’s attorney Rudy Giuliani ripped into Democrats Saturday over their demands that Special Counsel Robert Mueller’s report on the Russia investigation be released next week, accusing them of creating “false impressions” for the American people.

“These are terrible terrible people,” Giuliani said on “Fox & Friends,” before arguing that the report may not be able to be released by an April 2 deadline House Democrats have set.

ON OFFENSE IN RUSSIA PROBE, TRUMP URGED TO CONSIDER NEW SPECIAL COUNSEL, CRIMINAL REFERRALS

“You cannot disclose grand jury material. It is a crime. Now they can say April 2 but [Attorney General] Bill Barr and [Deputy Attorney General] Rod Rosenstein are not going to jail because they have an unrealistic deadline. They may have to go to court and get a court order so they can release it. That’s what they had to do with Watergate.”

Barr submitted a four-page summary to congressional leaders on Sunday reporting Mueller did not find evidence of Trump-Russia collusion, while he did not reach a conclusion on whether President Trump obstructed justice. Trump has touted the conclusions as a “total exoneration.”

Barr has said that the DOJ and the special counsel are identifying and redacting sensitive material, including material that “by law cannot be made public,” and said that they “will be in a position to release the report by mid-April, if not sooner.”

But Democratic chairs of six House committees set a deadline of April 2 to submit the “full report.” They also called on him to start turning over “the underlying evidence and documents that same day.”

“Your four-page summary of the Special Counsel’s review is not sufficient for Congress, as a coequal branch of government, to perform [its] critical work. The release of the full report and the underlying evidence and documents is urgently needed by our committees to perform their duties under the Constitution,” they wrote in a letter to Barr.

BARR TO RELEASE MUELLER REPORT TO CONGRESS BY 'MID-APRIL, IF NOT SOONER;' WILL NOT TRANSMIT TO WHITE HOUSE FOR PRIVILEGE REVIEW

Giuliani accused Democrats seizing on that delay of creating “false impressions for the American people.”

“They’re like dishonorable salesmen or something, they're shysters," he said. "It’s ridiculous to say to the American people: ‘Barr is delaying because he wants to delay.’ He’s delaying because it is very difficult...to put out 400 pages with all of the legal restrictions and not violate something.”

They’re like dishonorable salesmen or something, they're shysters. It’s ridiculous to say to the American people: ‘Barr is delaying because he wants to delay.’ He’s delaying because it is very difficult...to put out 400 pages with all of the legal restrictions and not violate something.

— Rudy Giuliani

Giuliani’s comments come as part of a growing offensive against Democrats from the White House since the Mueller report was completed.

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On Friday Trump said that “no matter what the Radical Left Democrats get, no matter what we give them, it will never be enough.”

“Just watch, they will Harass & Complain & Resist (the theme of their movement). So maybe we should just take our victory and say NO, we’ve got a Country to run!” he tweeted.

Fox News’ Jake Gibson and Brooke Singman contributed to this report.

Source: Fox News Politics

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Large tiger shark circles, pulls down human body in water off Hawaii Island coast, thwarting rescue efforts

A tiger shark thwarted Hawaii fire officials’ efforts to recover a body floating in the water off the coast of the Big Island on Sunday.

Hawaii County fire officials were called to the scene just before 11 a.m. Sunday after hikers reported seeing the body floating in the ocean about 30 yards from the shore in North Kohala, Hawaii News Now reported.

Rescuers, however, encountered a slight problem — a tiger shark was “circling the body.”

GREAT WHITE SHARKS HAVE ‘TOXIC’ HEAVY METALS IN THEIR BLOOD, STUDY FINDS

Officials attempted to bring the body onto dry land by using a Billy Pugh net.

“In the process of putting a Fire Rescue Specialist in the Billy Pugh net to recover the body, a bystander reported that a shark had submerged the body and it was no longer visible,” the fire department said.

A helicopter searched the area for a while longer, but eventually scuttled the search operation when the body didn’t reemerge.

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The person’s belongings and backpack were recovered at the top of a steep cliff, Hawaii News Now reported. Police were working to notify the next of kin and have not released details about the victim.

Source: Fox News National

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Woman hit by frozen turkey tossed through windshield in 2004 dies

The Long Island woman who was nearly killed in 2004 when a teenager randomly chucked a frozen turkey through her car windshield died on Monday.

Victoria Ruvolo’s tale of survival garnered headlines after she worked with prosecutors to grant clemency to the teenager who threw the frozen bird.

DR. ROBERT JEFFRESS: LIFE'S MOST IMPORTANT CHOICE IS FORGIVENESS

Her death was announced on her website and Facebook page on Tuesday. She was 59 years old.

“It is with a very heavy heart that we announce the sudden and unexpected passing of our beloved Vickie,” the note on her Facebook page read.

In November 2004, a group of teenagers used a stolen credit card to buy the 20-pound turkey in Ronkonkoma, Long Island. They then climbed into a car and drove onto Sunrise Highway.

During the trip, 18-year-old Ryan Cushing threw the bird out of the car and into Ruvolo’s windshield.

The impact broke every bone in Ruvolo’s face, which required a 10-hour surgery, three titanium plates, and a wire mesh for her left eye socket to correct.

The teens were arrested shortly after the assault, and several of them agreed to testify against Cushing. He would have faced up to 25 years in prison if he was convicted of throwing the turkey at Ruvolo’s car.

Instead, Ruvolo intervened on his behalf and worked with his lawyer to get him amnesty for the crime.

“Some people couldn’t understand why I’d done this but I felt God had given me a second chance and I wanted to pass it on,” Ruvolo wrote on her website after the ordeal.

Cushing was sentenced to a six-month prison sentence and five years of probation.

Ruvolo became an inspirational speaker and went on to work for the Forgiveness Project in Long Island.

“Forgive someone today,” the death announcement on her website reads.

Cushing could not be reached Wednesday night.

Click here for more from the New York Post. 

Source: Fox News National

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Prosecutors in Peru probe mayor for discrimination against Venezuelans

FILE PHOTO: Venezuelan migrants queue to get temporary residency permits outside the immigration office in Lima
FILE PHOTO: Venezuelan migrants queue to get temporary residency permits outside the immigration office in Lima, Peru October 31, 2018. REUTERS/Mariana Bazo/File Photo

April 2, 2019

LIMA (Reuters) – Prosecutors in Peru have opened a preliminary probe into the mayor of an Andean city who promised to “free” his city of Venezuelan immigrants and force companies to hire more locals, the attorney general’s office said on Monday.

The investigation will seek to determine if Henry Lopez, the mayor of Huancayo – a commercial hub of about 500,000 people in Peru’s central highlands – committed discrimination and incitement to discrimination, the office said on Twitter.

Peru’s constitution bans discrimination on the basis of origin, race, sex, language, religion, opinion or economic status.

Lopez was not immediately available for comment but one of his advisors said by telephone that prosecutors cannot start an investigation for comments that were “taken out of context.”

In a statement published by his office on Wednesday, Lopez blamed Venezuelans for what he claimed was a spike in crime and street hawking in Huancayo, and promised to pass a municipal ordinance requiring companies to ensure locals made up at least 80 percent of their workforce.

He also suggested a Venezuelan immigrant who had been working as a security guard plotted to kill a local man whose death is still under investigation.

“I was elected to bring order to the city. They’ll call me xenophobic but I don’t mind,” Lopez said in the statement. “Today I declare ‘Huancayo free of Venezuelans.'”

Lopez’ comments are part of a recent flare-up in xenophobia in South America since a flood of poor and desperate Venezuelan migrants entered the region in recent years, fleeing an acute economic and political crisis under President Nicolas Maduro.

Peru has been one of the most welcoming countries for Venezuelan immigrants, granting them special residency cards that allow them to work and access public healthcare as well as education services.

The Andean nation is now home to 700,000 Venezuelans, the largest population of Venezuelan immigrants outside of Colombia, which shares a border with Venezuela.

But the government of President Martin Vizcarra tightened entry requirements for Venezuelans last year.

Earlier on Monday, Peru Foreign Minister Nestor Popolizio said the government was now evaluating whether to require Venezuelans to obtain a “humanitarian visa” from its consulate in Caracas before migrating, similar to a measure Chile implemented that has made it harder for Venezuelans to enter the country legally.

“Venezuelan migration has impacted the labor market and our health and education systems. It’s a reality that our country’s capabilities are overwhelmed,” Popolizio told lawmakers in televised comments.

Still, Lopez’ comments triggered a wave of criticism in Peru last week, including condemnation from the culture ministry, which deemed them “unacceptable in a democratic state that respects fundamental rights.”

Supporters of Lopez’ position say Peru, where about 20 percent of the population lives in poverty, should help its poorer citizens before Venezuelan migrants.

Last year, a candidate for mayor of Lima, Ricardo Belmont, stoked fears that Venezuelans were a threat to Peruvians’ jobs and to public order. Belmont lost the election, coming in sixth.

(Reporting by Marco Aquino and Mitra Taj; Editing by Sandra Maler)

Source: OANN

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

Source: OANN

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

Source: OANN

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

Source: OANN

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

Source: OANN

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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