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Trump, Germany’s Merkel discuss trade, NATO funding, Brexit

G20 leaders summit in Buenos Aires
U.S. President Donald Trump and German Chancellor Angela Merkel attend a meeting during the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. REUTERS/Luisa Gonzalez

March 22, 2019

PALM BEACH, Fla. (Reuters) – U.S. President Donald Trump spoke by phone with German Chancellor Angela Merkel on Friday to discuss a range of issues including trade and NATO funding, the White House and a senior administration official said.

The phone call took place shortly after Trump began a weekend at his Mar-a-Lago club in Palm Beach, Florida.

A White House statement said the conversation covered issues including trade, the Brexit debate in Britain, and upcoming meetings. A senior administration official said the conversation also covered funding for the NATO alliance.

Trump has long complained that Germany needs to pay more for the common defense in Europe.

(Reporting by Roberta Rampton in Palm Beach, Florida; Additional reporting by Steve Holland in Washington; Editing by Leslie Adler)

Source: OANN

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Mother of child who drowned in Detroit basement gets jail

The mother of an 11-month-old girl who drowned in standing water and sewage after falling through a hole in an upstairs floor and into a basement of their Detroit home has been sentenced to a year in jail.

Court records say Dasiah Jordan was given her punishment Monday after earlier pleading guilty to second-degree child abuse and involuntary manslaughter. The 27-year-old also was ordered to serve four years of probation.

Ca'Mya Davis was unattended July 6 when she fell through the hole in her home's bedroom floor. Her death was ruled accidental.

Prosecutors say Jordan left her daughter with Tonya Peterson while she visited friends and that both women were aware of the hazard.

The 29-year-old Peterson is scheduled to be sentenced Tuesday after being convicted of involuntary manslaughter.

Source: Fox News National

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Fed Policies Distort Market, Create Bubbles, Debt

How are all of these unprofitable companies staying afloat and even making big splashes with media-hyped IPOs?

Peter Schiff addressed this question, along with the supposed “failure” of capitalism in his most recent podcast.

The rideshare company Lyft had its lowest close since going public yesterday (April 9). In fact, the company has only closed above its IPO price twice – the day it went public and last Friday. This probably shouldn’t shock anybody, given that the company has never turned a profit.

Meanwhile, social media company Pinterest is gearing up for its IPO with a lot of media hype. The company has been around since 2010. It’s never made any money either.

Peter asked a poignant question. What makes people think these companies will ever make any money?

“[Pinterest] has been around for 10 years. If they haven’t figured out how to make a profit yet, are they ever going to do it? Because at least in the frenzy of the dot-com mania, people were saying, ‘Look, the company hasn’t made a profit yet because it’s only been around for a year. But don’t worry because it’s got all of this explosive growth.’ You know, ‘We’re grabbing eyeballs,’ or whatever it was. But people were willing to bet the companies would eventually be profitable, and they didn’t have a lot of data to go on because the companies hadn’t even been in existence for very long before they were going public. It was a rush to the market. But now that you’ve got these companies that have been going on for 10 years — I mean, they’ve had 10 years at Pinterest to try to figure out how to make a profit and they haven’t done it.”

But as Peter pointed out, because of the easy-money policies of the Federal Reserve and the resulting availability of cheap capital, companies have been able to continue to operate even though they don’t make any money.

“A lot of companies are able to attract funding and stay in business that under a normal free market system – a capitalist system – they would have gone bankrupt.”

This is one of the unseen impacts of central bank monetary policy. It distorts the market.

(Photo by skeeze / pixabay)

Consider Pinterest. The company has a lot of employees. It consumes a lot of resources to operate its website – land, labor and capital. These are resources that could be put to some other use if they weren’t being consumed by Pinterest. So, how do you know whether these resources being put to their best use? In a capitalist system, profits provide that information. Profits signal that resources are being well-used. The lack of a profit tells us these resources are not being put to good use. If the lack of profit persists, the company goes under and frees up those resources for better uses.

As Peter put it, if a company can combine resources to produce a product and then sell it at a higher price then the resources that it consumed, it is adding value to the economy. The consumer gets more enjoyment out of that product then the resources consumed in producing it.

“You see, resources are scarce, but demand is unlimited. And the idea behind an economy is how to satisfy unlimited demand with limited resources. And resources that are utilized for one purpose are not available for another purpose. And if a company though is losing money, then the market is basically saying, ‘Hey, you’re destroying value. You’re creating products, but your customers don’t even value those products as much as the resources were worth that you used to make them.’”

If a company is creating value, it is rewarded with profits. If it is destroying value, it is punished by losses.

The Federal Reserve and its manipulation of the monetary system short-circuits this process. You end up with a misallocation of recourses and all kinds of asset bubbles — not to mention piles of debt.

Back to Pinterest:

“I think that if during these 10 years we had normal interest rates, if the Fed was not keeping interest rates artificially low, Pinterest would already be profitable right now, or they would be out of business … The Fed has been able to keep this company and a lot of other companies in business. And all of this gambling mentality where people are willing to buy money-losing companies is only there because of the casino-like mentality that has been created by the Federal Reserve and the perpetual supply of cheap money.”

Simply put – capitalism isn’t the problem. It’s government and central bank intervention that has failed us.

In this podcast, Peter goes on to break down comments by Ray Dalio about the supposed “failure” of capitalism.


Owen Shroyer presents a local news report from the Williamsburg neighborhood in Brooklyn, New York, where a “tight knit” community of Orthodox Jews are being forced to vaccinate with the measles. Is the U.S. government conducting, yet again, secret medical experiments on their own people?

Source: InfoWars

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Pennsylvania House OKs new child sex abuse reporting rules

The Pennsylvania House of Representatives moved Wednesday to toughen penalties for people who do not report suspicions about repeated child sexual abuse and make it explicit that nondisclosure terms in contracts cannot prevent people from talking to police in child molestation investigations.

Both proposals are based on recommendations in a landmark grand jury report last year into the sexual abuse of children by about 300 Roman Catholic clergy in the state, going back seven decades.

Lawmakers voted 162-22 for the reporting proposal .

The only member who spoke in opposition was Rep. Paul Schemel, R-Franklin, who said it will be hard for people to remember, decades later, why they did not report suspected abuse.

"Our due process rights under the law are slipping away through our fingers while we do nothing," Schemel said.

Lawmakers are also considering legislation to eliminate the criminal statute of limitations for child sexual abuse. If that passes, it will also apply to mandated reporters who fail to properly report ongoing abuse.

Also Wednesday, state representatives unanimously approved a bill that says nondisclosure agreements , often part of civil settlements in abuse cases, should specify that they do not prohibit cooperation with police.

The main sponsor, Rep. Tarah Toohil, R-Luzerne, said those contracts are already unenforceable, but the bill's additional provisions would spell it out, "written in black and white."

Both bills were sent to the Senate. There, the top lawyer for majority Republicans said, they will be reviewed to see how they compare to legislation that was drafted in that chamber last year but never brought up for a vote.

"The grand jury made the general recommendations, but no precise language was offered. If the House bills are consistent to what we drafted last year, then we will likely consider the bills," said Drew Crompton, chief of staff to Senate President Pro Tempore Joe Scarnati, R-Jefferson.

Toohil said targets of the grand jury investigation misused nondisclosure agreements to attempt to silence abuse victims and keep them from cooperating with police.

The state House has also sent the Senate legislation based another grand jury recommendation: a constitutional amendment that would create a two-year window to allow victims to bring civil claims over abuse that would otherwise be too old to pursue.

The state's attorney general, Democrat Josh Shapiro, said the House action represented a clear step forward. Shapiro's office oversaw the grand jury investigation.

"Just as our commonwealth was a leader in investigating and prosecuting clergy sexual abuse, it is imperative that Pennsylvania also now be a leader in enacting reforms to protect victims and ensure this kind of abuse and cover-up can never happen again," Shapiro said in a statement. "I stand with survivors as we urge the Pennsylvania Senate to swiftly pass the grand jury reforms."

Source: Fox News National

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73 dead coyotes found behind a North Carolina subdivision

A large pile of dead coyotes was discovered behind a subdivision in a North Carolina city, and a wildlife officer thinks they were brought from a different location after a hunt.

North Carolina wildlife enforcement officer Sampson Parker said Monday that 73 carcasses were piled in a heap on the ground next to a ditch which leads to a stream in Charlotte. Two residents found them last Thursday on the site of an old wastewater treatment plant. The city bought the property and locked it up.

Mecklenburg County workers say there is no evidence the carcasses impacted the water.

Parker says an investigation shows someone brought the coyotes from a large hunt. He says the coyotes should have been taken to a landfill.

The story was first reported by WBTV .

Source: Fox News National

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MLB notebook: Kershaw will miss Opening Day start

FILE PHOTO: MLB: Spring Training-Chicago Cubs at Los Angeles Dodgers
FILE PHOTO: Feb 25, 2019; Phoenix, AZ, USA; Los Angeles Dodgers starting pitcher Clayton Kershaw (22) looks on prior to facing the Chicago Cubs at Camelback Ranch. Mandatory Credit: Joe Camporeale-USA TODAY Sports

March 19, 2019

For the first time since 2010, Clayton Kershaw won’t be the Opening Day starter for the Los Angeles Dodgers.

The left-hander, who has started a club-record eight straight openers, was ruled out of the March 28 start against the Arizona Diamondbacks due to the persistent shoulder inflammation he has dealt with all spring. He has yet to pitch in a spring training game.

“When he’s ready to pitch for us is when he’s going to pitch for us,” said manager Dave Roberts, adding that it was unlikely Kershaw will begin the season on the active roster.

Roberts didn’t announce an Opening Day starter on Monday, but right-hander Walker Buehler is definitely in the mix. The last Opening Day starter for the Dodgers not named Kershaw was Vicente Padilla in 2010.

–Atlanta Braves right-hander Julio Teheran is set to make his sixth consecutive Opening Day start, which would tie him with Hall of Famer Warren Spahn for the longest modern-day streak in franchise history.

Teheran’s Opening Day streak is now the longest current one in the majors after the Dodgers said that Kershaw’s streak will end at eight. Spahn opened six seasons in a row from 1957 to 1962, when the Braves were in Milwaukee.

Teheran, 28, has spent all eight of his major league seasons with the Braves, compiling a 67-62 record with a 3.64 ERA. Teheran went 9-9 last season with a 3.94 ERA, striking out 162 and walking 84 in 175 2/3 innings over 31 starts.

–A poor spring training won’t prevent Ichiro Suzuki from starting the Seattle Mariners’ opener in his native Japan.

Seattle manager Scott Servais said Ichiro will be in the starting lineup Wednesday when the Mariners face the Oakland Athletics in Tokyo.

Suzuki, 45, is just 2-for-31 this spring, but Servais has no qualms about penciling his name in the lineup.

–Texas Rangers starting pitcher Yohander Mendez will miss the first half of the season because of an elbow injury, team officials announced.

The 24-year-old exited his spring training start Sunday in the third inning after losing velocity and feeling tightness in his pitching elbow. An MRI revealed a Grade 1 strain of the ulnar collateral ligament. The left-hander will not need Tommy John surgery.

The plan is to give him six weeks of rest, followed by about another six weeks of a throwing program.

–Boston Red Sox second baseman Dustin Pedroia will not break camp with the team and instead will begin the 2019 season on the injured list.

Pedroia expects to remain in Florida and play extended spring training games to build strength in his surgically repaired left knee. Manager Alex Cora said there is no reason to fear a long-term absence from Pedroia.

Utility options Brock Holt and Eduardo Nunez are likely to platoon at second base with Pedroia out of the mix.

–In the midst of the Philadelphia Phillies’ late-season collapse in 2018, Carlos Santana apparently provided the biggest hit in the team’s clubhouse.

Philadelphia posted an abysmal 8-20 record in September after having the best record in baseball in late July, and the team’s then-first baseman — now with the Cleveland Indians — reportedly took his bat to the clubhouse television upon discovering his younger teammates playing the video game Fortnite during one game against rival Atlanta.

“I see a couple players — I don’t want to say names — they play video games during the game,” the 32-year-old veteran told ESPN, relating how he slugged the TV the players were using. “We come and lose too many games, and I feel like they weren’t worried about it — weren’t respecting their teammates or coaches or the staff or the (front) office. It’s not my personality. But I’m angry because I want to make it good.”

–Field Level Media

Source: OANN

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New Jersey bus driver overdosed, crashed while driving 12 kids: police

A New Jersey bus driver was transporting children on Wednesday when she allegedly overdosed and crashed into a tree, police said.

Lisa Byrd, 57, was driving 12 children from an elementary school in Newark just after 1 p.m. when she crashed into a tree, according to the Newark Police Department.

DRIVER OF MINNESOTA SCHOOL BUS WITH STUDENT ABOARD IS SHOT IN APPARENT ROAD-RAGE INCIDENT, COPS SAY

Authorities administered Narcan, a brand of the opioid overdose medication naloxone, on Byrd, and she was brought to a hospital for treatment.

The 12 children on the bus, who were between the ages 5 and 13, were not injured in the crash, officials said.

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Byrd was charged with 12 counts of endangering the welfare of a child, driving while impaired and possession of drug paraphernalia.

Source: Fox News National

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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