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NY Post: Rev. Sharpton’s Honorary Degree Faces Opposition

New York City's Medgar Evers College proposed resolution to bestow an honorary doctorate degree on Rev. Al Sharpton is facing opposition over the activist's inflaming race tensions in the Crown Heights neighborhood during 1991 riots, according to the N.Y. Post.

"This is not a person you honor," Norman Rosenbaum, the brother of a man who was stabbed to death by an angry mob shouting "Kill the Jew," told the Post. "Within the last 27 years he hasn't changed. The same character is there."

Rev. Sharpton, 64, would be honored as a man of "unwavering commitment to racial, educational and socioeconomic equity" at the June 5 commencement of the taxpayer-funded state college, but there is controversy over his stoking the racial flames over the accidental death of a black, 7-year-old Gavin Cato, according to the report.

"I think he's a fraud and a charlatan whose actions over the years speak for themselves and they're not good actions,” Rosenbaum added to the Post. "He's a man who does not promote peace. He's not told the truth."

Rev. Sharpton also came to the defense of a teenager in 1987 who claimed to have been abducted and raped by a group of white men, a story that was later exposed as a hoax but Rev. Sharpton has not apologized for defending, according to the report.

"I can't believe the guy's being recognized for anything . . . worried about his own political agenda and that's it," Steven Pagones, an ex-prosecutor who won a defamation suit against Rev. Sharpton, told the Post.

Source: NewsMax Politics

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Struggle for Algeria hits business community

FILE PHOTO: People carry national flags and banners during a protest calling on President Abdelaziz Bouteflika to quit, in Algiers
FILE PHOTO: People carry national flags and banners during a protest calling on President Abdelaziz Bouteflika to quit, in Algiers, Algeria March 19, 2019. REUTERS/Ramzi Boudina/File Photo

March 21, 2019

By Lamine Chikhi

ALGIERS (Reuters) – One of President Abdelaziz Bouteflika’s few remaining allies in the face of mass protests, business leader Ali Haddad, is facing pressure to quit as head of Algeria’s main business association, a move that would further weaken the embattled head of state.

Bouteflika’s long-time strategic partners, from members of the governing FLN party to trade unionists, have abandoned the president, peeling away layers of his ruling elite.

The 82-year-old president also relied on influential figures like Ali Haddad, who has made billions through public works projects awarded by the government and investments in the media.

He also funded Bouteflika’s election campaigns and heads the FCE, a top business association whose leaders have been long-time supporters of the president.

The forum for entrepreneurs has been hit by a series of resignations from members who have turned their backs on Bouteflika since the protests began on Feb 22.

“Voices inside the FCE exist and they have publicly called for an extraordinary General Assembly to replace Ali Haddad,” said Laid Benamor, former vice president of the organization, who resigned from it after the demonstrations began.

“He is today associated with cronyism and favors. The union must return to its original purpose, an apolitical economic space, to regain credibility.”

Haddad was not immediately available for comment.

A second businessman, Ourahmoune Nabil, described Haddad as one of the symbols of Bouteflika’s system of rule and added that he must go, echoing public sentiment.

“There won’t be a real change if Bouteflika leaves and Haddad stays,” he said.

The FCE was not immediately available for comment.

NO CLEAR SUCCESSOR

Bouteflika, 82, who has rarely been seen in public since suffering a stroke five years ago, bowed to the protesters last week by reversing plans to stand for a fifth term.

But he stopped short of stepping down and said he would stay in office until a new constitution is adopted, effectively extending his present term.

His move failed to placate Algerians, who want veterans of the 1954-1962 independence war against France who dominate the establishment to step aside so a new generation of leaders can create jobs, fight corruption and introduce greater freedoms.

Even if Bouteflika quits, Algerians could face a new crisis. There is no clear successor who has won the backing of the army and is younger than 70.

One option, experts say, is to create a high council of state that will set a date for general elections.

Bouteflika and his inner circle have built a multi-layered network of power over the years that includes the military — which often orchestrates politics from behind the scenes.

On Wednesday, army Chief of Staff Lieutenant General Ahmed Gaed Salah threw his weight behind protesters, saying they have expressed “noble aims”.

The ruling National Liberation Front party, known by its French acronym FLN, has also sided with the demonstrators, leaving Bouteflika more vulnerable than ever.

(Writing by Michael Georgy, Editing by William Maclean)

Source: OANN

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Revenue at Nutella maker Ferrero reaches $12 billion after Nestle acquisition

FILE PHOTO: Jars of Nutella chocolate-hazelnut paste is seen in this picture illustration
FILE PHOTO: Jars of Nutella chocolate-hazelnut paste is seen in this picture illustration taken October 22, 2017. REUTERS/Stefano Rellandini/File Photo

February 20, 2019

MILAN (Reuters) – Revenue at Ferrero reached $12 billion in the fiscal year ended in August, as the group included sales of products like Butterfinger and BabyRuth chocolate bars bought from Nestle at the end of March.

The group, which was founded by Pietro Ferrero in the Italian town of Alba in 1964, started an aggressive acquisition campaign four years ago under the leadership of Executive Chairman Giovanni Ferrero.

Last year the maker of chocolate spread Nutella and mint candies Tic Tac spent $2.8 billion buying the U.S. confectionery business of the Swiss food giant.

The company said on Wednesday its consolidated revenue rose 2.1 percent to 10.7 billion euros in the fiscal year to end August.

($1 = 0.8814 euros)

(Reporting by Francesca Landini; Editing by Kirsten Donovan)

Source: OANN

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Artificial limbs change lives for wounded Gaza protesters

Palestinian boy Abdel-Rahman Nofal, 12, poses for a photo in Gaza
A combination picture shows Palestinians who, according to medics, lost their legs after being shot by Israeli forces during protests at the Israel-Gaza border, posing for photos in Gaza March 13 and 16, 2019. REUTERS/Mohammed Salem

April 14, 2019

By Nidal al-Mughrabi

GAZA (Reuters) – Walking up and down stairs at a Gaza medical center, Palestinian amputees are learning to use their new artificial limbs after being wounded by Israeli fire at border protests.

The Health Ministry in the Hamas Islamist-run territory said 136 wounded Palestinians have undergone amputations since the demonstrations began in March 2018.

“It was only one bullet, one bullet turned my life upside down,” said Abdallah Qassem, 17, struggling to stand steady while trying on his new artificial legs.

Qassem said the bullet struck one leg and then penetrated the other as he sat on the ground with friends at a rally on May 14, the day the United States moved its embassy from Tel Aviv to Jerusalem, fuelling Palestinian anger.

“I had dreamt of becoming a photojournalist but I aim to study computer science,” he told Reuters.

The Gaza Artificial Limb and Polio Center is run by the Gaza municipality. On its first floor, technicians were producing limbs with material from the International Committee of the Red Cross.

Protesters at the demonstrations are demanding the end to a security blockade imposed on Gaza by Israel and Egypt, and want Palestinians to have the right to return to land from which their families fled or were forced to leave during Israel’s founding in 1948.

Around 200 Gazans have been killed by Israeli troops so far in the protests, according to Palestinian Health Ministry figures. An Israeli soldier was also killed by a Palestinian sniper in July.

U.N. investigators say Israel has used excessive force. Israel says it has no choice but to use deadly force to protect the border from militants and infiltrators.

In the southern Gaza town of Khan Younis, Suhaib Qudeih and his sister Nazeeha each lost a leg to Israeli gunfire.

“Before the injury, I used to work and make 4,000 shekels ($1,100 a month). I used to bring the sweetest food to my children. Now I can’t get them most of what they ask for,” the 33-year-old man told Reuters.

He needs more surgery to make sure an artificial right leg can fit well. His sister has already had her artificial limb fitted.

The World Health Organization said 6,872 Gazans suffered gunshot wounds, mostly to the limbs, in the past year of protests.

With funding from the European Union, the WHO is helping Palestinians set up a limb reconstruction unit in Nasser hospital in southern Gaza. It is expected to open as early as next month.

“This center is focused around restoring people’s lives, preventing amputations, and making sure that they are able to move again,” Sara Halimah, WHO trauma manager, said.

Halimah said each of the patients will need up to two years of treatment.

“If this center is not established and if we don’t have the correct treatment centers for controlling the infection rates, then we will see this amputation rate go through the roof, it will skyrocket,” Halimah told Reuters at Nasser hospital.

(Editing by Jeffrey Heller in Jerusalem and Alison Williams)

Source: OANN

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Scaramucci: Trump's Attacks on McCain 'Stupid,' 'Unnatural'

It is "stupid" for President Donald Trump to keep attacking late Sen. John McCain, and there can be "no positive outcome" from it, former White House Director of Communications Anthony Scaramucci said Thursday.

"When you are attacking dead people, it's not good," Scaramucci told CNN's "New Day." "It's one of the main reasons why you have graveyards and people don't touch the grave yards. They drive by them on the highway and say that's a valuable piece of land but they leave all the caskets inside graves."

Trump again slammed McCain, who died of brain cancer last August, during a speech at an Army tank plant in Lima, Ohio, on Wednesday, after attacking him on Twitter.

"That's an unnatural social act and it will turn people off eventually," Scaramucci said. "I wish he wouldn't do that because he's got so many great things going on, and so many great things about the country and the world that are taking place. Why do that? I just think it's wrong."

He said he does understand Trump's grievances against McCain, including his vote on repealing Obamacare, but added the criticisms are not "scoring any points with anybody."

Scaramucci said he always got along with McCain, and he does not believe veterans, who support Trump by the millions, "are in love" with the president's attacks on the late senator.

"So, he could sit there and try to justify it he may have staff around him that tells him, 'hey, that's great that you're attacking a dead senator,' but I don't think it's great," Scaramucci said.

Source: NewsMax Politics

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Biden slams Trump's treatment of European allies as speculation mounts of possible 2020 run

Amid widespread speculation that he could soon declare his candidacy for the 2020 presidential race, former Vice President Joe Biden offered up this weekend his latest critique of the Trump administration and its foreign policy direction.

Speaking during a security conference in Munich on Saturday, Biden criticized President Trump’s treatment of the United States' traditional allies in Western Europe and promised a rekindling of the close ties European powers shared with Washington.

“The America I see does not wish to turn our back on the world or our closest allies,” Biden said, as The Washington Post reported.

He added: “The America I see cherishes a free press, democracy, the rule of law. It stands up to the aggression of dictators and against strongmen.”

BIDEN, SANDERS, HARRIS, WARREN TOP 2020 DEM FIELD IN NEW POLL

Biden has been one of the harshest voices speaking out against Trump’s isolationist “America First” initiatives and his continued condemnation of the White House’s policies have added more fuel to the rumors that he could plan to challenge Trump in the 2020 race.

“This too shall pass. We will be back. We will be back," Biden said in Munich, according to the New York Times.

A source close to the Biden camp told Fox News last week that the former vice president is almost certain to enter the race soon.

The source said the timing of an announcement is still up in the air. With such a crowded field of Democratic hopefuls, Biden wants to keep big donors and potential staffers with him and has been conducting outreach to former colleagues, grassroots activists and contributors, the source said.

The 76-year-old former vice president’s decision comes as a slew of younger and more liberal Democrats have already jumped into the fray, including Massachusetts Sen. Elizabeth Warren, California Sen. Kamala Harris, and New Jersey Sen. Cory Booker.

BIDEN STRIKES CONTRAST WITH 2020 FIELD, JOKES ABOUT LIKING REPUBLICANS

However, some close to Biden have suggested that with his name recognition and long record of public service, he could afford to wait before moving forward.

Also speaking at the conference in Munich was the man who took Biden’s job when Trump came into office, Vice President Mike Pence.

Pence used his time at the pulpit to double down on American criticism of Europe.

Pence stuck to the U.S. line that the NATO guideline for its nations to spend 2 percent of its gross domestic product on defense is a strict commitment rather than a target, saying while more alliance members have met the criteria, "the truth is, many of our NATO allies still need to do more."

CLICK HERE TO GET THE FOX NEWS APP

He also reiterated American opposition to the joint German-Russian Nord Stream 2 pipeline project, which Washington has claimed could make Europe overly reliant on Russian gas.

"The United States commends all our European partners who've taken a strong stand against Nord Stream 2," he said. "And we commend others to do that same."

He added: "We cannot ensure the defense of the West if our allies grow dependent on the East."

Fox News’ Alex Pappas and The Associated Press contributed to this report.

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

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

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

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

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

School authorities instituted a similar measure in 2016.

Source: Fox News World

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

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

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

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

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

Source: Fox News World

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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

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

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

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

Source: Fox News World

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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