Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am


Upcoming shows
Real News

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Gillibrand talks Franken’s ousting at town hall

New York Democratic Senator and 2020 presidential candidate Kirsten Gillibrand defended her stance on leading the ousting of Sen. Al Franken in early 2018.

During a televised town hall on Monday night, Gillibrand was asked by MSNBC host Chris Hayes about her role in Franken’s resignation as well as the sexual harassment controversy that took place on her own staff.

Gillibrand first responded by saying that society must  “value women” and mentioned a bill she co-sponsored with Sen. Ted Cruz, R-Tex, on how Congress handles sexual harassment.

Earlier this month, it was reported that a former female staffer of Gillibrand's resigned over her office's mishandling of misconduct allegations against a male colleague. Gillibrand insisted at the town hall that the female staffer was "believed" and the allegations were "fully investigated." She concluded the actions of the male staffer "didn't rise to sexual harassment" but that he was "punished" for making derogatory comments.

WHO IS KIRSTEN GILLIBRAND? 5 THINGS TO KNOW ABOUT THE NEW YORK SENATOR AND 2020 CANDIDATE

She then addressed Franken, which she referred to as a “hard issue for so many Democrats.”

“The truth is we miss him and people loved him, but he had eight credible allegations against him of sexual harassment for groping, two of them since he was a senator and the eighth one was a congressional staffer. And I had a choice to make whether to stay silent or not, whether to say, ‘That’s not OK with me,’ and I decided to say that,” the New York senator said. “Now, Senator Franken was entitled to whatever type of review or process he wanted. He could have stuck it out, stayed in the Senate, gone through his ethics committee investigation for as long as he wants for ever how many months, he could have sued all of the eight women, those were his choices. But I had to make my choice.”

The 2020 candidate also went into detail about the “upsetting” conversations she would have with her son about Franken.

CLICK HERE TO GET THE FOX NEWS APP

“As a mother, I have to be very clear. It is not OK for anyone to grope a woman anywhere on her body without her consent. It is not OK to forcibly kiss a woman, ever, without her consent. It was not OK for Sen. Franken and it is not OK for you, Theo. Ever,” Gillibrand told her oldest son. “So I needed to have clarity. And if there are few, Democratic powerful donors who are angry because I stood up for women who came forward with allegations of sexual harassment, that’s on them.”

Source: Fox News Politics

0 0

Leader of Sudan coup on US sanction list for Darfur genocide

Sudan's defense minister, who led the overthrow Thursday of autocratic ruler Omar al-Bashir, has had his assets blocked by the U.S. Treasury since 2007 for supporting and managing militias accused of carrying out genocide in the country's Darfur conflict.

In a televised statement, Gen. Awad ibn Ouf declared that the military had removed and arrested al-Bashir and that it will rule the country for the next two years as part of a transitional council along with the powerful security and intelligence agencies.

His appearance made him the face of military rule, and the general is likely to become the country's formal leader, though the makeup of the council has not yet been announced. That has stunned and angered protesters who have been holding rallies for months demanding al-Bashir's ouster and the establishment of civilian-led democracy.

Ibn Ouf, in his mid-60s, is a longtime insider in the leadership of al-Bashir's 30-year rule. He rose up in the ranks to become chief of Sudan's military intelligence and was made defense minister in 2015. Al-Bashir named him as a vice president in February.

He was among other Sudanese officials placed on a U.S. sanctions list for his role in the bloodshed in the western region of Darfur. Al-Bashir was indicted by the International Criminal Court on charges of genocide over the conflict in which 200,000 people were killed.

The Darfur conflict began in 2003 when ethnic Africans rebelled, accusing the Arab-dominated government of discrimination. The government in Khartoum was accused of retaliating by arming local nomadic Arab tribes in militias known as the Janjaweed and unleashing them on civilian populations. The militias became notorious for massacres and rapes. Government officials denied the charges.

In 2007, the U.S. Treasury Department blocked ibn Ouf's assets along with two other Sudanese officials for their role in "fomenting violence and human rights abuses in Darfur."

It accused them of acting as "liaisons" between the government and the Janjaweed. It said ibn Ouf "provided the Janjaweed with logistical support and directed attacks."

At the time, Treasury Secretary Henry M. Paulson, Jr. said, "Even in the face of sanctions, these individuals have continued to play direct roles in the terrible atrocities of Darfur."

George Clooney and John Prendergast, co-founders of The Sentry, an investigative initiative created to uncover the financial networks behind conflicts in Africa, singled out ibn Ouf for his role in Darfur and said al-Bashir's ouster is not enough.

"Removing the leader of a violent, corrupt system without dismantling that system is inadequate. The next steps are crucial," the two said in a statement. They urged the international community to help Sudan to have a new president who "reflects the will of people."

Source: Fox News World

0 0

Canada loses 7,200 jobs in March, jobless rate unchanged at 5.8 percent

FILE PHOTO: People wait in line for resume critique and career assessment sessions at the 2014 Spring National Job Fair and Training Expo in Toronto
FILE PHOTO: People wait in line for resume critique and career assessment sessions at the 2014 Spring National Job Fair and Training Expo in Toronto, April 3, 2014. REUTERS/Aaron Harris/File Photo

April 5, 2019

OTTAWA (Reuters) – The Canadian economy unexpectedly shed 7,200 jobs in March, Statistics Canada data showed on Friday, while the unemployment rate held steady at 5.8 percent.

Analysts in a Reuters poll had forecast a marginal gain of 1,000 jobs in March, following outsized gains in the last two months, and no change in the unemployment rate. Despite the drop in March, employment rose by 116,000 jobs in the first quarter.

The economy added 1,600 goods-producing sector jobs, and shed 8,800 services sector jobs. Full-time jobs dropped by 6,400 from February to March, while part-time jobs fell 900, the data showed.

The job numbers follow a decision last month by the Bank of Canada to hold interest rates steady and take a more dovish tone on future hikes. The bank has increased rates five times since July 2017.

The average year-over-year wage growth of permanent employees – a figure closely watched by the central bank – was 2.3 percent in March, up from 2.2 percent in February.

(Reporting by Julie Gordon in Ottawa, Editing by Dale Smith and Steve Orlofsky)

Source: OANN

0 0

Barr faces grilling on Mueller report handling at House hearing

Attorney General William Barr appeared Tuesday before a House committee for his first Capitol Hill hearing since revealing the central findings of Special Counsel Robert Mueller’s Russia investigation.

Barr appeared before the House Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee for a hearing originally meant to address Barr’s fiscal 2020 spending request for the Justice Department. But in the wake of the battle between congressional Democrats and the Trump administration for the release of the full Russia report, Barr is expected to face a grilling from lawmakers on his decisions related to the review of Mueller’s findings.

DEMS RAMP UP ANTI-TRUMP PROBES POST-MUELLER

Subcommittee Chairman José Serrano, D-N.Y., told Fox News that while Barr will mainly face questions concerning appropriations, it would be “almost impossible” to ignore questions related to the Mueller investigation.

“In extremely quick fashion, you turned a 300-plus page report into a 4-page letter that supposedly summarized [Mueller’s] findings,” subcommittee Chairman expected to say, adding that he is concerned that Barr will turn the report over to Congress with “too many scratch-outs” and redactions.

Lawmakers, specifically, are expected to focus on Barr’s four-page summary of the special counsel report, where he stated that there was no evidence of collusion between members of the Trump campaign and Russia during the 2016 presidential election. The special counsel also reviewed whether the president had obstructed justice in any way, but ultimately did not come to a conclusion on that issue. Barr and Deputy Attorney General Rod Rosenstein, though, said the evidence was “not sufficient to establish that the President committed an obstruction-of-justice offense.”

Barr has said that he does plan on sharing much of the report itself with Congress, noting that, with the help of the special counsel’s office, the Justice Department is reviewing material that “by law cannot be made public.” Barr has vowed to share the report, including redactions, by mid-April, and has said that it will not be sent to the White House or President Trump in advance.

But last week, reports surfaced claiming that the special counsel’s office had created summary documents for Barr to release and that they were ignored. Serrano is expected to question that decision, and say that Barr’s summary “understates the level of malfeasance by the President and several of his campaign and White House advisors.”

"The American people," Serrano will say, "have been left with many unanswered questions; serious concerns about the process by which you formulated your letter; and uncertainty about when we can expect to see the full report."

House Appropriations Committee Chairwoman Nita M. Lowey, D-N.Y., will also slam Barr's handling of the report as "unacceptable," according to her prepared remarks.

"I must say, it is extraordinary to evaluate hundreds of pages of evidence, legal documents, and findings based on a 22-month long inquiry and make definitive legal conclusions in less than 48 hours," Lowey will say. "Even for someone who has done this job before, I would argue it is more suspicious than impressive."

In a statement last week responding to media reports, the DOJ defended Barr's rollout of Mueller's conclusions.

"Given the extraordinary public interest in the matter, the Attorney General decided to release the report's bottom-line findings and his conclusions immediately — without attempting to summarize the report — with the understanding that the report itself would be released after the redaction process," the Justice Department statement said.

The statement also said that every page of Mueller's report was marked that it may contain grand jury material "and therefore could not immediately be released."

A Justice Department official, speaking Thursday on condition of anonymity to discuss a confidential process, said summaries of the findings that Mueller's team included as part of its report also contained grand jury information, making it hard for a swift release.

Fox News’ Gregg Re, Chad Pergram, and The Associated Press contributed to this report.

Source: Fox News Politics

0 0

New Hampshire teen forced to cover up Trump shirt, remove MAGA hat on school’s ‘patriotic day’

A New Hampshire teenager said she felt ashamed and embarrassed when her high school principal reportedly told her she needed to cover up the “Make America Great Again” T-shirt and hat she wore for a patriotic celebration.

Ciretta Mackenzie, a freshman at Epping High School, told Boston 25 she had to borrow a friend’s sweatshirt and took off the hat after being reprimanded for wearing the “MAGA” gear on Monday – which was “America Pride Day” at school.

WHY I WEAR A MAGA HAT THESE DAYS (AND I DIDN'T START OUT AS A TRUMP FAN)

“It’s just a shirt, and it only says 'Trump: Make America Great Again.' It doesn’t say anything like 'build a wall,' so I don’t get how it could be offensive, how it could be disrespectful,” Mackenzie told the news station.

The school’s principal said the iconic red hat and T-shirt violated the school’s dress code policy, which according to Mackenzie, doesn’t say anything about political clothing.

“If it said no political gear, I could understand why it was dress code, but it didn’t say that, so I feel like I’m obligated to have my own opinion and other people can have theirs,” she said. “We don’t have to agree, that fine.”

MAGA-HAT WEARING TEEN CLAIMS CALIFORNIA HIGH SCHOOL WOULDN'T PERMIT HER TO WEAR HAT

The Epping High School superintendent told Boston 25 that two students were asked to change what they were wearing that day. The school was celebrating “America Pride Day” as part of its spirit month.

Superintendent Valerie McKenny said the incident was under investigation.

CLICK HERE TO GET THE FOX NEWS APP

The Mackenzie family said they plan on meeting with the school principal to discuss the situation.

Source: Fox News National

0 0

Donna Brazile's Top 10 Donald Trump Slams

There is no question Fox News' hiring of Donna Brazile as an on-air contributor is raising eyebrows. Brazile has made no secret for her dislike of Donald Trump and has regularly gone out of her way to blast him, before and after his ascendancy to the White House.

So when Fox announced the former chairwoman of the Democratic National Committee and onetime campaign manager for Al Gore would offer political analysis on both the Fox News Channel and Fox Business Network, conservatives bristled.

Whether she will tone down her anti-Trump rhetoric on Fox, whose hosts generally support Trump, is not known. But her past statements have not been forgotten by the right:

  • "Today's lesson: To be quoted by Trump is to be misquoted by Donald Trump," Twitter, Nov. 3, 2018. Frustrated at how President Trump was characterizing her post-election tell all, Brazile suggests the president is a congenital liar.
  • "Donald Trump's strategy has been to try to mirror the electorate — to mirror their fears, their anger, their animosity, their prejudices. And the media loves it, because it's outrageous." American University, March 24, 2016.
  • "Let me say this, the president, he's unravelled. Things are unravelling." ABC's "This Week" with George Stephanopoulos, Dec. 23, 2018. Discussing Trump's insistence on a border wall.
  • "[I] absolutely" question the legitimacy of Trump's election, USA Today, Nov. 21, 2017. Opinion on whether Russia's influence tipped the 2016 presidential election.
  • Trump "runs away from his responsibility as a leader." ABC's "This Week" with George Stephanopoulos, Oct. 28, 2018. Disdain for Trump's leadership style.
  • "Trump has opened up a whole new playbook to sow discord and to weaponize hate . . . This is virulent. It's bone-chilling. It's like a toxin." The Washington Post, Nov. 1, 2018. Response to Trump's anti-immigrant rhetoric at a rally.
  • "He's vulgar. When is he going to wake up and assume the duties of the presidency?" National Press Club, Dec. 12, 2017. On Trump's comment Sen. Kirsten Gillibrand, D-N.Y., "would do anything" to get campaign contributions from him, which some interpreted as sexually suggestive.
  • "Mr. President . . . Stop weaponizing hate and exploiting divisions." Twitter, March 12, 2019. Comment as she asked Trump to read a Forward column about anti-Semitism.
  • "Donald Trump loves to distract us and divide us. I'm not playing his game." ABC's "This Week" with George Stephanopoulos, Nov. 5, 2017.
  • "Donald Trump has not switched off the campaign button. He is still in campaign mode and if he wants to use his time in office — he only has four years — but if he wants to use four years, you know, bashing Donna Brazile, insinuating misleading information, that's up to Mr. Trump. I have no — I have the respect for the office of the president but I have no — I don't have the capacity." Politico's "Off Message" podcast, Feb. 272017. Commenting on Trump's negative comments about her.

Source: NewsMax Politics

0 0

Nadler blasts Trump for tweeting video of 9/11 attacks and Omar comments, says he has ‘no moral authority’

House Judiciary Committee Chairman Jerry Nadler, D-N.Y., slammed President Trump on Sunday for tweeting a video over the weekend that combined images of the 9/11 terror attacks with remarks by freshman Rep. Ilhan Omar, D-Minn.

Nadler said Trump has “no moral authority” to talk about the deadliest terror attack on U.S. soil and called out Trump for reportedly taking a $150,000 government grant offered to small business owners in lower Manhattan following the 9/11 attacks.

“He wasn’t president then, but Donald Trump actually took a $150,000 grant from the Bush administration,” Nadler said on CNN’s “State of the Union.” “He stole $150,000 from some small businessperson who could’ve used it to help rehabilitate himself.”

AOC FACES BACKLASH FOR USING ‘FIRST THEY CAME…’ HOLOCAUST POEM IN DEFENSE OF OMAR

The building Nadler is referring to is 40 Wall Street, also called The Trump Building. Some critics of the president have brought up a clip of Trump being interviewed on a local New Jersey news station on the morning of the attack, where the then-real estate mogul pointed out that with the collapse of the twin towers, 40 Wall Street is now the tallest building in lower Manhattan.

The controversy surrounding Trump and Omar began when the president tweeted the video of the burning World Trade Center towers and Omar speaking last month at the Council on American-Islamic Relations, where she said the organization was founded because "some people did something" and Muslims "were starting to lose access to our civil liberties."

"For far too long we have lived with the discomfort of being a second-class citizen and, frankly, I'm tired of it, and every single Muslim in this country should be tired of it," she said in the March 23 speech, according to video posted online. "CAIR was founded after 9/11 because they recognized that some people did something and that all of us were starting to lose access to our civil liberties."

CAIR was founded in 1994, according to its website, but its membership skyrocketed after the attacks.

Omar repeatedly has pushed fellow Democrats into uncomfortable territory over Israel with comments related to her assessment of the Jewish state's influence in Washington. She apologized for suggesting that lawmakers support Israel for pay and said she isn't criticizing Jews. But she refused to take back a tweet in which she suggested American supporters of Israel "pledge allegiance" to a foreign country.

WHITE HOUSE RIPS OMAR FOR CALLING STEPHEN MILLER A ‘WHITE NATIONALIST,’ HIGHLIGHTS HER ‘HISTORY OF ANTI-SEMITIC COMMENTS’

Her comments sparked an ugly episode among House Democrats after they responded with a resolution condemning anti-Semitism and the measure became a broader declaration against all forms of bigotry.

Omar has not backed down from her comments. She tweeted a quote from President George W. Bush, who said days after the attacks: "The people — and the people who knocked these buildings down will hear all of us soon!"

"Was Bush downplaying the terrorist attack?" Omar tweeted. "What if he was a Muslim."

Several top Democrats – and a number of 2020 presidential hopefuls – have rushed to publicly defend Omar.

House Speaker Nancy Pelosi scolded Trump for using the "painful images of 9/11 for a political attack" against the first-term Minnesota Democrat.

And presidential candidate Elizabeth Warren, campaigning in New Hampshire, accused Trump of "trying to incite violence and to divide us, and every political leader should speak out against that."

CLICK HERE FOR THE FOX NEWS APP

Warren, a Massachusetts senator, said Republican leaders in Congress "cannot take a pass on this, cannot look the other way and pretend it isn't happening. It is happening. And those who don't speak out in the Republican leadership are complicit in what he is doing. It's wrong."

Minnesota Sen. Amy Klobuchar noted that a New York man recently was charged with threatening Omar's life.

"The video the president chose to send out today will only incite more hate," Klobuchar said. "You can disagree with her words — as I have done before — but this video is wrong. Enough."

The Associated Press contributed to this report.

Source: Fox News Politics

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

DNA Force Plus

Limited Advanced Release

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

Source: InfoWars

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist