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Powell gets the heat, but all Trump Fed appointees backed rate hikes

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo

April 4, 2019

By Howard Schneider

WASHINGTON (Reuters) – U.S. President Donald Trump may feel he is “stuck” with Federal Reserve Chairman Jerome Powell, whom he has blasted for engineering four interest rate hikes since Trump appointed him, but none of Trump’s other Fed appointees has stood in the way of the tightening campaign and at least one has said even higher rates may be necessary.

The voting records and public statements of Trump’s Fed appointees, who now form a solid majority of the Fed’s Washington-based board of governors, show not only consensus around the recent increases, but no support so far for the rate cuts Trump has demanded.

A possible upcoming nominee to the Fed, economic commentator Stephen Moore, has said he agrees with Trump that rates should be cut and had earlier called for Powell’s ouster. Trump has mulled whether he could fire Powell, but in a March 8 phone call, reported by the Wall Street Journal, acknowledged he was “stuck” with the Fed chair for Powell’s full four-year term that runs to February 2022.

If Moore does take a seat alongside Trump’s appointees at the Fed, at this point he would be the outlier.

“I am comfortable with the current stance of our policy,” Trump’s newest appointee, Fed Governor Michelle Bowman, said in February in her only comments about monetary policy to date.

Bowman joined the Fed in November, when the administration was growing agitated about rising volatility in financial markets. She voted for the December rate increase that has become a particular target of Trump’s ire and point of blame for, in his view, holding back the economy.

The White House on Tuesday announced Bowman would be renominated for a full 14-year term to follow the end next January of the short, partial term she was appointed to fill.

Trump’s hand-picked vice chair, Richard Clarida, voted for the December increase and the one before it in September, which was approved shortly after he joined the Fed board.

Randal Quarles, who was the first appointment Trump made to the Fed as his presidency took shape in 2017, voted for five rates hikes from December of that year to December 2018, and his most recent comments show the wide and sometimes paradoxical gap between the president’s view of what the Fed should be doing, and those of the people he has chosen to oversee the central bank.

In what amounted to a bullish defense of where the economy is heading, Quarles last week said in fact that rates may need to move higher precisely because Trump’s tax cuts and policies may produce a “persistent” boost to productivity and growth.

“Further increases in the policy rate may be necessary at some point, a stance I believe is consistent with my optimistic view of the economy’s growth potential and momentum,” Quarles said in remarks at the Manhattan Institute last week.

For now the Fed intends to hold rates steady, a position it reached both as Trump publicly called for a halt to rate increases, but also – and what Fed officials say mattered to them – as economic and financial data globally indicated a broad slowdown from the faster-than-expected growth of 2018.

Trump blames the weaker data on what he called in a tweet on Thursday the Fed’s ‘destructive’ rate hikes. Others see a number of causes, including Trump’s trade policies, and feel growth is likely to continue though at a tepid pace.

“We had this synchronized acceleration of growth a couple of years ago. Now it is synchronized deceleration and a slowing momentum across the spectrum,” International Monetary Fund Managing Director Christine Lagarde said in Washington on Tuesday. “Nobody wins a trade war.”

RULE BY CONSENSUS

Unanimity among Fed board members is largely the norm. The Fed strives to be a consensus-driven organization, led, but not dictated to, by a chair whose job is to canvas and shape opinion among as many as 18 other policymakers split between the seven-member board based in Washington and 12 regional bank heads.

The regional bankers, five of whom each year have a formal vote on interest rates even as all 12 participate in Fed debates, are part of a now century-old system meant precisely to guard against too much power residing with the board and the chair in Washington.

There are currently two open board seats.

Even as Fed officials have begun to speak more frequently and openly in public, formal dissents against any given policy action have in general declined since the 1970s. The last one by a board member was in 2005 by then Governor Mark Olson against a rate increase.

But that doesn’t necessarily mean conformity inside the room when the Federal Open Market Committee meets every six weeks. Opposition to some of the extraordinary policies put in place to fight the 2007 to 2009 financial crisis, for example, led former Governor Kevin Warsh to resign even though he never dissented, maintaining a unified face for the Fed during a treacherous time.

Yet with the current group of appointees there is little sense of the sort of behind-the-scenes warfare that occurred, for example, when a group of governors tried to revolt against the recession-inducing steps pushed by 1980s-era Fed Chairman Paul Volcker to curb runaway inflation.

Transcripts of recent Fed meetings won’t be released for five years, but the summary minutes of sessions last fall show the central bank sifting through data, coming to grips with developing risks, and shifting their stance as a result.

By January, “all participants expressed the view that it would be appropriate for the Committee to maintain” the existing interest rate, the minutes stated.

“Several” said continued growth might warrant higher rates eventually.

There was no mention of support for a rate cut.

(Reporting by Howard Schneider; Editing by Dan Burns and Andrea Ricci)

Source: OANN

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In latest inflammatory remarks, Farrakhan warns Israel to stay away from 'black youth'

In his latest inflammatory remarks about Israel, Nation of Islam leader Louis Farrakhan warned the Israeli government to stay away from ‘black youth’ and threatened the country in a provocative video posted on Instagram Wednesday.

“There’s a saying today that Israel sees the black youth as a problem for them,” Farrakhan told his followers. “Israel! A government after black youth.”

“Well let me tell you something Israel, you’re making a very big mistake. And your hastening, you’re doomed,” Farrakhan said while his followers applauded.

“You leave my black brothers and sisters alone because you fear what they are going to become if they listen to Farrakhan,” the controversial leader warned Israel.

Farrakhan, known for his anti-Semitic remarks, appears to have made the comments Feb. 17 during a “Savior’s Day” speech in Chicago. “Savior’s Day” is a Nation of Islam holiday.

During the same speech Farrakhan defended Minnesota congresswoman Omar Ilan and her tweets that were condemned as being anti-Semitic, advising her not to apologize.

“So you’re not lying, so if you’re not lying stop laying down,” Farrakhan shouted.

Farrakhan also said “the wicked Jews want to use me to break up the women’s movement” while addressing the #MeToo movement at the same conference according to reports.

Source: Fox News National

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Foxes and Hounds

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WASHINGTON -- Fox News reporter Peter Doocy trailed Rep. Ilhan Omar, D-Minn., as she walked through a Capitol hallway on Wednesday so that he could ask her: "Rep. Omar, there seems to be some confusion among your colleagues. Are you anti-Semitic?"

Rather than say "yes" or "no," Omar refused to respond, even as House Democrats were wrangling over a resolution condemning anti-Semitism that was drafted in response to Omar's comments about Israel supporters pushing "allegiance to a foreign country."

It was clear that Omar felt she had no responsibility to answer a question about a controversy that was roiling House Democrats.

That same day, Democratic National Committee Chairman Tom Perez released a statement to The Washington Post that said, "Fox News will not serve as a media partner for the 2020 Democratic primary debates."

Perez cited a New Yorker magazine article detailing incestuous ties between some Fox News biggies, notably Sean Hannity, and President Donald Trump as the impetus for his decision. But given that Democrats also barred Fox News from the party's 2016 debate roster, Perez seemed to be trolling for an excuse.

Think for a moment about the cheekiness of Perez making this announcement to The Washington Post, a preferred media outlet. Whenever Trump gives interviews to Fox News anchors, the press corps duly notes that Trump is limiting his favors to a friendly crowd.

But when Democrats hand a scoop to the Post: crickets.

Does anyone believe the New Yorker will run a story about the kissing cousins dynamic between the Democratic Party and The Washington Post?

That simply isn't done. By excluding Fox News from his party's debates, Perez was simply working to maintain the status quo for the mainstream media. Conservatives need not apply.

Likewise, President Barack Obama frequently lambasted Fox News and saw no reason to distinguish between Hannity and the network's diligent reporters.

The reason Perez excluded Fox News was to prevent the conservative outlet's anchors from asking questions that are less likely to be asked by talking heads inside the liberal media bubble.

Yes, left-leaning journalists ask pointed questions, but they tend to ask the same pointed questions that come from the same political instincts and the same college-educated urban mindset, with no understanding of how those outside their world regard them.

To Trump voters, they are not fearless professionals speaking truth to power, but a pack.

To Trump voters, Chris Wallace, Martha MacCallum and Bret Baier are real journalists who ask questions that matter to them.

I could go through the list of tough questions asked by Fox News reporters such as Megyn Kelly, who so infuriated Trump during the first GOP debate of the 2016 primary when she asked him about some of his nasty words for women he doesn't like.

In the New Yorker story, author Jane Mayer discredited that moment by reporting that anonymous sources "believe" that Roger Ailes, the late Fox News CEO, leaked the question to Trump ahead of the debate. If Ailes did so, that's inexcusable.

The standard conservative riposte would be to invoke former CNN contributor Donna Brazile's leaking of debate topics and questions to the Hillary Clinton campaign during the 2016 primary. She admits it, and it was inexcusable.

Let's just say that every news network has produced massive screwups worthy of undying shame and get on with the real outrage over the DNC's decision to ban Fox News from its roster.

It's a bald and probably successful play designed to notify every journalist to stick with the pack mentality -- because the Democratic National Committee gets to define good journalism.

COPYRIGHT 2019 CREATORS.COM

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Rouhani inaugurates four new phases of South Pars gas field

Iranian President Rouhani gestures to the crowd at a public speech in Bandar Kangan
Iranian President Hassan Rouhani gestures to the crowd at a public speech in Bandar Kangan, Iran March 17, 2019. Official Iranian President website/Handout via REUTERS

March 17, 2019

GENEVA (Reuters) – Iranian President Hassan Rouhani formally inaugurated four new phases of South Pars, the world’s largest gas field, on Sunday, according to a statement posted by the Iranian oil ministry on Twitter.

Iran has invested $11 billion to complete the four phases and they will increase the country’s gas production capacity by up to 110 million cubic meters per day, the statement said.

Iranian Oil Minister Bijan Zanganeh said on Saturday that Iran, which share South Pars with Qatar, expects to operate 27 phases by next March.

France’s Total and China National Petroleum Corp (CNPC) suspended investment in phase 11 of South Pars last year after the United States threatened to impose sanctions on companies that do business in Iran.

Zanganeh said on Saturday that talks are continuing with CNPC.

(Reporting By Babak Dehghanpisheh; Editing by Toby Chopra)

Source: OANN

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'The Five' take on Beto O'Rourke's hand gestures

Beto O’Rourke made headlines after it was announced the former congressman raised over $6 million dollars in 24 hours to begin his presidential campaign -- but his growing number of hand gestures also caught the attention of “The Five” on Monday.

“Jesse, you know what, I think he’s stealing your ‘I am Watters, this is my world thing,’” Greg Gutfeld told his co-host Jesse Watters. “He’s doing it in every scene.”

Gutfeld earlier looked like a malfunctioning robot as he mocked O’Rourke’s criticism of the U.S.’s capitalist economy.

O'ROURKE APOLOGIZES FOR JOKE ABOUT WIFE

“As a guy who likes hand gestures I have to marvel at some of these,” Watters told Gutfeld before displaying a few of the hand gestures O’Rouke has used.

President Trump weighed in Friday at the White House suggesting that O'Rourke’s hand movements looked “crazy.”

“I think he’s got a lot of hand movement. I’ve never seen so much hand movement.  I said, ‘Is he crazy or is that just the way he acts?’” Trump told reporters. "I've actually never seen anything quite like it. Study it ― I’m sure you’ll agree.”

Tabloid TV show “Inside Edition” even asked if O’Rourke’s hand gestures could cost him the presidency.

Former Texas Rep. Beto O'Rourke at the Central Park Coffee Company, in Mount Pleasant, Iowa, last Friday. (AP Photo/Charlie Neibergall)

Former Texas Rep. Beto O'Rourke at the Central Park Coffee Company, in Mount Pleasant, Iowa, last Friday. (AP Photo/Charlie Neibergall)

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While some commentators such as Gutfeld said the former congressman’s hand gestures were “absurd,” co-host Juan Williams pointed out that what’s not absurd was the amount of money O'Rourke had raised and how much Democrats took a shine to him.

“People say, ‘we don’t know him, we don’t know his positions.’ Guess what, people like this guy,” Williams said. “He has real energy and you’re seeing some of the Obama people flock to his campaign.”

Source: Fox News Politics

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$878M South Carolina lottery winner sharing with charities

A South Carolina woman who won $878 million in the biggest jackpot payout to one winner in U.S. history says she wants to give back to the city and state where her good fortune happened.

The woman issued a statement through her lawyer Thursday saying she was giving money to the City of Simpsonville Art Center, the One SC Fund for hurricane relief and a relief fund for victims of the recent Alabama tornadoes.

The woman says she bought the ticket after seeing a sign advertising the jackpot at the KC Mart in Simpsonville.

The woman picked a one-time paymen t of $878 million for the Mega Millions jackpot instead of taking the $1.5 billion jackpot over 30 years.

She says she is choosing to remain anonymous for her safety.

Source: Fox News National

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Nissan may ask ex-Toray boss Sakakibara to chair board meetings: source

FILE PHOTO: Chairman of Japan Business Federation Sadayuki Sakakibara attends a news conference in Tokyo
FILE PHOTO: Chairman of Japan Business Federation (Keidanren) Sadayuki Sakakibara attends a news conference in Tokyo, Japan, January 23, 2017. REUTERS/Toru Hanai

March 14, 2019

TOKYO (Reuters) – Nissan Motor is considering asking ex-Toray Industries chief and Japan Inc heavyweight Sadayuki Sakakibara to chair its board meetings while leaving vacant the chairman post previously held by Carlos Ghosn, a source said on Thursday.

Japan’s No. 2 automaker is considering nominating Sakakibara, a former head of powerful business lobby Japan Business Federation, to become an external director at the general shareholders’ meeting in late June, the source, who has direct knowledge of the matter, told Reuters.

The person declined to be identified because the decision is not final.

(Reporting by Maki Shiraki; Writing by Chang-Ran Kim; Editing by Stephen Coates)

Source: OANN

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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Well, Joe Biden didn’t exactly clear the field.

I don’t think it matters much that Biden waited until yesterday to become the 20th Democrat vying for the nomination, even though it exposed him to weeks of attacks while he seemed to be dithering on the sidelines.

A much greater warning sign, in my view, is the largely negative tone surrounding his debut. He is, after all, a former vice president, highly praised by Barack Obama, who has consistently led in the early primary polls, and beating President Trump in head-to-head matchups. Yet much of the press is acting like he’s an old codger and it’s just a matter of time before he keels over politically.

This is all the more remarkable in light of the fact that the vast majority of journalists and pundits know and like Joe Biden and his gregarious personality.

The reason is that Biden, after a half-century in politics, lacks excitement, and the press is magnetically attracted to novel and unorthodox types like Beto and Mayor Pete. You don’t see Biden on the cover of Vanity Fair, and a grind-it-out win by a conventional warrior doesn’t set journalistic hearts racing.

JOE BIDEN ANNOUNCES 2020 PRESIDENTIAL BID: 3 THINGS TO KNOW ABOUT THE FORMER VICE PRESIDENT

For many in the media, Biden isn’t liberal enough, at least not for the post-Obama era. He doesn’t promise free college and free health care and has a history of working with Republicans, such as John McCain (whose daughter Meghan loves him, and Biden will hit “The View” today.)

What’s more, Biden’s campaign style — speak at rallies, rack up union endorsements — seems hopelessly old-fashioned when we measure popularity by Instagram followers. News outlets are predicting he’ll have trouble getting in the online fundraising game, leaving him reliant on big donors, which used to be standard practice.

And then there’s the age thing. Biden would be the oldest president to be inaugurated, at 78, and he looked a step slow in encounters with reporters yesterday and a few weeks ago.

But what if the journalists are in something of a Twitter bubble, and the actual Democratic Party is much more moderate? We saw that with the spate of allegations by women of unwanted touching, which dominated news coverage until polls showed that most Dem voters weren’t concerned. In that wider world, the Scranton guy’s connection to white, working-class voters could help him against Trump in the industrial Midwest.

SUBSCRIBE TO HOWIE’S MEDIA BUZZMETER PODCAST, A RIFF OF THE DAY’S HOTTEST STORIES

Biden denounced the president’s term as an “aberrant moment” in his launch video, saying four more years would damage the country’s character and “I cannot stand by and watch that happen.”

But first, he’d have to win the nomination in the face of an unenthusiastic press corps.

A New York Times news story said Biden would be “marshaling his experience and global stature in a bid to lead a party increasingly defined by a younger generation that might be skeptical of his age and ideological moderation.”

The Washington Post quoted Democratic strategists as saying that Biden faces an “uphill battle” and “isn’t necessarily the heir apparent to Obama, despite being his No. 2 in the White House for eight years. They argue voters will judge Biden by the span of his decades-long career and are worried the veteran pol hasn’t yet found a winning formula for his own candidacy.”

The liberal Slate said the ex-veep’s rivals view him as a “paper tiger”:

“Biden is something more like a 2016 Jeb Bush: a weak establishment favorite whose time might be past … Biden’s biggest challenge in the primary will be a compromised past spanning nearly 50 years.”

“Compromised” suggests a history of scandal, yet what Slate means is political baggage, such as his backing of a Clinton-era crime bill unpopular with black voters today. Yet I think the rank and file isn’t as concerned about a vote back in 1994, or even the Anita Hill hearings, as the chattering classes.

BIDEN’S SENATE RECORD, ADVOCACY OF 1994 CRIME BILL WILL BE USED AGAINST HIM, EX-SANDERS STAFFER SAYS

One of the few left-leaning pundits to suggest the press is underestimating Biden is data guru Nate Silver at 538:

“Media coverage could nonetheless be a problem for Biden. Within the mainstream media, the story of Biden winning the nomination will be seen as boring and anticlimactic. That tends not to lead to favorable coverage. Meanwhile, some left-aligned media outlets may prefer candidates who are some combination of more leftist, more wonkish, more reflective of the party’s diversity, and more adept on social media.

“If Biden is framed as being out of touch with today’s Democratic Party and that narrative is repeated across a variety of outlets, it could begin to resonate with voters who don’t buy it initially. If he’s seen as a gaffe-prone candidate, then minor missteps on the campaign trail could be blown up into big fumbles.”

CLICK HERE TO GET THE FOX NEWS APP

Look, it’s entirely possible that Biden could stumble, get lapped in fundraising and just be outclassed by younger and savvier rivals. He was hardly a great candidate in 1987 and in 2008.

But if the former vice president finds his footing and the field narrows, the press will be forced to change its tune, and we’ll see a spate of stories about how Joe Biden has “grown.”

Source: Fox News Politics

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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