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Mexican President in Deep Water With Trump as Border Crisis Explodes

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World’s biggest hedge fund optimistic on Brazil economy, markets

Brazilian flag is seen next to a residential building under construction in Sao Paulo
FILE PHOTO: A Brazilian flag is seen next to a residential building under construction in Sao Paulo, Brazil April 25, 2018. REUTERS/Nacho Doce

March 18, 2019

BRASILIA (Reuters) – Bridgewater Associates, the world’s largest hedge fund, has turned bullish on Brazil, arguing that economic growth relative to potential will be the strongest in the world over the next year.

Conditions are now in place to reignite the anemic recovery from a 2015-16 recession: foreign debt levels are low, there is plenty room for real yields to fall and market pricing is too pessimistic, Bridgewater said in a note to clients last week.

“We expect that over the course of the next year, growth relative to potential will be the strongest in the world,” said strategists at the $160 billion, Connecticut-based fund.

“Given that pricing already discounts extreme weakness and (local political) mismanagement, we think there is considerable room for Brazil’s economy and assets to surprise on the upside,” they said, noting that failure to reform the social security system poses the biggest risk to their view.

They did not go into specifics on expected asset performance or allocation, but recent data suggests their optimism might be put to the test. Growth virtually ground to a halt in the fourth quarter last year and recent data shows that economic activity so far this year has been sluggish at best.

Interest rates have been anchored at a record-low 6.50 percent for a year and are expected stay there for most of this year. On balance, economists think the next rate move will eventually be higher, but traders of interest rate futures are betting rates will fall.

(Reporting by Jamie McGeever; Editing by Susan Thomas)

Source: OANN

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Barr rules to keep asylum seekers in detention during deportation proceedings

Attorney General William Barr has ruled that asylum seekers facing removal who show they have a “credible fear” of being returned to their homeland will no longer be eligible for release on bond -- meaning they will have to remain in detention while their cases are pending.

The decision is Barr’s first immigration-related ruling since being confirmed as attorney general and comes as the Trump administration clamps down on illegal immigration amid a surge at the border. The attorney general has the authority to overturn prior rulings made by immigration courts, which fall under the Justice Department.

COURT TEMPORARILY BLOCKS HALT TO TRUMP POLICY FORCING ASYLUM-SEEKERS TO STAY IN MEXICO 

"The question presented is whether aliens who are originally placed in expedited proceedings and then transferred to full proceedings after establishing a credible fear become eligible for bond upon transfer. I conclude that such aliens remain ineligible for bond, whether they are arriving at the border or are apprehended in the United States," the decision states.

The ruling was almost immediately panned by civil rights and immigration rights groups, with the American Civil Liberties Union calling it unconstitutional and vowing to sue.

"This is the Trump administration’s latest assault on people fleeing persecution and seeking refuge in the United States,” Omar Jadwat, director of the ACLU’s Immigrants’ Rights Project, said in a statement. “Our Constitution does not allow the government to lock up asylum seekers without basic due process. We'll see the administration in court."

Barr's ruling pertains to those who clear a "credible fear" interview and are facing removal.

The decision doesn't affect asylum-seeking families because they generally can't be held for longer than 20 days. It also doesn't apply to unaccompanied minors.

Barr's ruling takes effect in 90 days and comes amid a frustrating time for the administration as the number of border crossers has skyrocketed. Most of them are families from Central America who are fleeing violence and poverty. Many seek asylum.

There were a total of 161,000 asylum applications filed in the last fiscal year and 46,000 in the first quarter of 2019, according to the Executive Office for Immigration Review, which oversees immigration courts.

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Sarah Pierce, policy analyst for the Migration Policy Institute, said the number of decisions by immigration judges that the administration of President Trump has referred to itself for review is unprecedented. The administration — under both Barr and former Attorney General Jeff Sessions — has reviewed a total of 10 immigration rulings. That's compared to four under all of President Barack Obama's tenure and nine during George W. Bush's.

"This has been a really unprecedented use of power to influence the immigration system," Pierce said.

Fox News' Bill Mears and The Associated Press contributed to this report.

Source: Fox News Politics

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House climate-change hearing adjourns after not enough Democrats show up

House Republicans on Tuesday claimed a small victory over the Democrats' climate change agenda by holding a rare successful vote as the minority to end an oversight hearing, saying that the subject of global warming was outside the committee's jurisdiction.

The Republicans in the Natural Resources Committee's oversight panel won in a 4-2 vote to end the hearing, simply because there weren't more than two Democrats present.

Rep. Louie Gohmert of Texas, the top Republican on the Oversight and Investigations subcommittee, called for the vote after laying out the case that climate change was not within the jurisdiction of the committee, based on its charter and bylaws.

Gohmert called for a vote to adjourn following his opening remarks, and a roll call vote was held. Witnesses at the hearing were not introduced before the Republicans left the hearing room.

With the Republicans in adjournment, the Democrats were forced to change the proceedings from a hearing to a "forum," which Rep. T.J. Cox of California, the chairman of the oversight panel, opened by introducing the speakers.

The full committee's top Republican, Rep. Rob Bishop of Utah, had raised the jurisdiction issues at the beginning of the month when the Democratic leadership launched its sweeping series of hearings on climate change. Bishop also said the Democrats were not properly giving notice to Republican members on the topics of the hearing.

Click for more from the Washington Examiner.

Source: Fox News Politics

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Man survives hours lost at sea off New Zealand after turning jeans into flotation device

A tourist from Germany survived being knocked overboard and left adrift for hours on the open water off the coast of New Zealand last week -- all thanks to his jeans.

Arne Murke was delivering a yacht with his brother from Auckland, New Zealand to Brazil when they ended up sailing through rough seas about 20 miles off Tolaga Bay on March 6.

The 40-foot yacht's mainsheet suddenly came loose amid the rough swells and knocked Murke overboard while he was only wearing a t-shirt and jeans.

"My brother started directly to get me but the swell was like three meters," he told the New Zealand Herald. "He threw a life jacket with a rope overboard. I couldn't reach that, it was already too far away."

CRUISE PASSENGERS PRAISE SHIP'S CREW, COAST GUARD FOR RESCUING PLANE-CRASH VICTIMS: 'INCREDIBLE WORK'

After being unable to reach the life jacket, the 30-year-old said he quickly decided to turn his jeans into a flotation device, a technique that's used by the U.S. Navy SEALs.

Arne Murke was knocked off a yacht about 20 miles off Tolaga Bay, about halfway up New Zealand's east coast.

Arne Murke was knocked off a yacht about 20 miles off Tolaga Bay, about halfway up New Zealand's east coast. (iStock)

"Luckily, I knew the trick with the jeans," he told the Herald. "Without the jeans I wouldn't be here today, they were really the thing that saved me."

Murke said he saw the technique used years ago, and that he always thought of using it if he ever ended up going overboard without any flotation device.

"I took a deep breath, took out my jeans, made knots at the end of the legs and inflated the jeans; pull it over water and get air inside and then push it under water -- I had like an improvised life vest," he told the news outlet.

TRACKING DEVICE HELPS COAST GUARD RESCUE DOWNED PILOT OFF FLORIDA COAST

"Without the jeans I wouldn't be here today, they were really the thing that saved me"

— Arne Murke

As he floated in the sea for the next few hours, Murke said he thought of his 10-month-old daughter, who lives with his girlfriend in the Philippines.

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After nearly 4 hours, he was stopped by a rescue helicopter that was searching the area with the New Zealand Coastguard and Royal New Zealand Air Force, according to Sky News.

The Lowe Corporation Rescue Helicopter Service shared video of the rescue on Facebook, which showed a diver jumping into the water to get to Murke.

"He is so incredibly lucky to be alive," the group said.

Source: Fox News World

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Panda romance in the air at Berlin zoo, but love takes time

Sometimes love takes its time, but the Berlin zoo is hoping that this is the year for panda romance.

The zoo's two giant pandas, 8-year-old male Jiao Qing and 5-year-old female Meng Meng, arrived from China in June 2017. After nearly two years munching bamboo in neighboring enclosures, they were brought together for the first time Friday as keepers confirmed that Meng Meng is in heat — a phase that lasts for 72 hours per year at most.

Their efforts weren't immediately rewarded. Zookeeper Norbert Zahmel said that Jiao Qing was afraid at first but then tentatively approached his prospective mate. He said that "they still need to practice a bit."

The zoo says panda pregnancies on average last 155 days and produce one or two cubs.

Source: Fox News World

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Sri Lanka arrests 40 suspects after bombings, toll up to 310

As a state of emergency took effect Tuesday giving the Sri Lankan military war-time powers, police arrested 40 suspects, including the driver of a van allegedly used by the suicide bombers and the owner of a house where some of them lived.

Sri Lanka's president gave the military a wider berth to detain and arrest suspects — powers that were used during the 26-year civil war but withdrawn when it ended in 2009.

Police spokesman Ruwan Gunasekara said the death toll from Sunday's attacks rose to 310.

President Maithripala Sirisena has declared a day of mourning for Tuesday, a day after officials disclosed that warnings had been received weeks ago of the possibility of an attack by the radical Muslim group blamed for the bloodshed.

Source: Fox News World

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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The Latest on fatal pileup on Interstate 70 near Denver (all times local):

10:10 a.m.

Colorado officials say four people have died after a semi-truck hauling lumber plowed into vehicles on Interstate 70, causing a fire so intense that it melted the roadway and metal off of cars.

Authorities had to wait until daylight Friday to confirm the death toll from Thursday’s 28-vehicle pileup because of the devastation caused by the fire.

Six people were taken to hospitals with injuries. Their conditions are unclear.

Lakewood police spokesman Ty Countryman says the driver of the truck who caused the crash sustained minor injuries. He has been arrested on suspicion of vehicular homicide.

Officials say the driver was headed down a hill when he slammed into slower traffic. Countryman says there is no indication the crash was intentional.

____

7:40 a.m.

A truck driver blamed for causing a deadly pileup involving over two dozen vehicles near Denver has been arrested on vehicular homicide charges.

Lakewood police spokesman Ty Countryman said Friday that there’s no indication that drugs or alcohol played a role in Thursday’s crash.

The unidentified driver was headed down a hill on Interstate 70 when he slammed into slower traffic and sparked a massive fire. Countryman said police are looking at whether his brakes were working properly.

He said 28 vehicles were involved, up from the initial 15 vehicles police reported after further sorting through the burned wreckage.

Police still say there were multiple fatalities but are still working to provide an exact number.

The highway is expected to remain closed until Saturday.

Source: Fox News National

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Tiger woods celebrates after winning the 2019 Masters
FILE PHOTO: Golf – Masters – Augusta National Golf Club – Augusta, Georgia, U.S. – April 14, 2019 – Tiger Woods of the U.S. celebrates on the 18th hole after winning the 2019 Masters. REUTERS/Lucy Nicholson

April 26, 2019

Tiger Woods is sending a message that he thinks he still has enough left, emotionally and physically, to win three more major championships to tie Jack Nicklaus’ record 18 titles.

Speaking to GolfTV in his first sit-down interview since the Masters, Woods said he has taken some time off since his victory at Augusta National, which still doesn’t feel real.

“Honestly, it’s hard to believe,” Woods said. “I was texting one of my good friends last night … that I couldn’t believe that I won the tournament. That it really hasn’t sunk in. I haven’t started doing anything. I’ve just been laying there. And every now and again, I’ll look over there on the couch and there’s the jacket.”

That’s the fifth green jacket for the 43-year-old Woods, who hadn’t won a major tournament since the 2008 U.S. Open. Along the way, four back surgeries, a divorce and other personal issues derailed him.

He said he has been spending time with his children – daughter Sam, 11, and son Charlie, 10 – who weren’t born when their father was the most dominant golfer on the planet.

“They never knew golf to be a good thing in my life and only the only thing they remember is that it brought this incredible amount of pain to their dad and they don’t want to ever want to see their dad in pain,” Woods said. “And so to now have them see this side of it, the side that I’ve experienced for so many years of my life, but I had a battle to get back to this point, it feels good.”

He said he hopes – maybe expects — they’ll see this side again.

And no one will take Woods for granted at the PGA Championship at Bethpage Black Course on Long Island, N.Y., which starts May 16.

Woods said he’ll be ready for a course he already conquered once in a major: the 2002 U.S. Open.

“I’m doing all the visual stuff, but I haven’t put in the physical work yet. But it’s probably coming this weekend,” he said.

Before Woods encountered health and personal problems, it was expected that topping Nicklaus’ major mark was “when” and not “if.” Then the certainty went away, but Woods thought he still had a chance.

“I always thought it was possible, if I had everything go my way. It took him an entire career to get to 18, so now that I’ve had another extension to my career – one that I didn’t think I had a couple of years ago – if I do things correctly and everything falls my way, yeah, it’s a possibility. I’m never going to say it’s not.

“Now I just need to have a lot of things go my way, and who’s to say that it will or will not happen? That’s what the future holds, I don’t know. The only thing I can promise you is this: that I will be prepared.”

–Field Level Media

Source: OANN

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Maria Butina, the Russian woman who was accused of being a secret agent for the Russian government, was sentenced to 18 months in prison Friday by a federal judge in Washington after pleading guilty last year to a conspiracy charge.

Butina, who has already served nine months behind bars, will get credit for time served and can possibly get credit for good behavior, the judge said. She will be removed from the U.S. promptly on completion of her time, the judge added, and returned to Russia.

MARIA BUTINA, ACCUSED RUSSIAN SPY, PLEADS GUILTY TO CONSPIRACY

An emotional and apologetic Butina said in court Friday she is “truly sorry” and regrets not registering as a foreign agent.

“I feel ashamed and embarrassed,” she said, adding that her “reputation is ruined.”

Butina has been jailed since her arrest in July 2018. She entered the court Friday wearing a dark green prison jumpsuit and spoke in clear English, with a slight Russian accent.

“Please accept my apologies,” Butina said.

Butina’s lawyer, Robert Driscoll, said after the sentencing they had hoped for a “better outcome,” but expressed a desire for Butina to be released to her family by the fall.

Prosecutors had claimed Butina used her contacts with the National Rifle Association and the National Prayer Breakfast to develop relationships with U.S. politicians and gather information for Russia.

Prosecutors also have said that Butina’s boyfriend, conservative political operative Paul Erickson, identified in court papers as “U.S. Person 1,” helped her establish ties with the NRA.

WHO IS MARIA BUTINA, THE RUSSIAN WOMAN ACCUSED OF SPYING ON US?

In their filings, prosecutors claim federal agents found Butina had contact information for people suspected of being employed by Russia’s Federal Security Services, or FSB, the successor intelligence agency to the KGB. Inside her home, they found notes referring to a potential job offer from the FSB, according to the documents.

Investigators recovered several emails and Twitter direct message conversations in which Butina referred to the need to keep her work secret and, in one instance, said it should be “incognito.” Prosecutors said Butina had contact with Russian intelligence officials and that the FBI photographed her dining with a diplomat suspected of being a Russian intelligence agent.

Fox News’ Jason Donner, Bill Mears, Greg Norman and the Associated Press contributed to this report.

Source: Fox News Politics

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