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Vineeta Deepak to lead AP’s coverage of South Asia region

The Associated Press on Wednesday named Vineeta Deepak, an experienced video journalist and bedrock member of its Indian staff, as its South Asia news director to lead coverage of a region stretching from the heights of the Himalayas to the tropics of the Indian Ocean.

From her base in the Indian capital, New Delhi, she will drive AP's multiformat reporting on the world's largest democracy as it exerts its influence abroad while grappling with rising nationalism and growing inequality despite an economic boom at home.

She will lead a large team of videojournalists, photographers and reporters stationed across India and in AP bureaus in Bangladesh, Nepal and Sri Lanka. She will also oversee AP's coverage of Bhutan and the atoll archipelago of the Maldives.

"Vineeta has covered the biggest stories in South Asia for more than two decades, and knows the region inside and out," said Asia-Pacific News Director Adam Schreck. "She is an ambitious journalist who knows how to connect with people and tell stories in fresh, creative ways."

The 56-year-old has led AP's South Asia video operations as senior producer since 2002, editing and coordinating coverage of major stories including the 2004 Indian Ocean tsunami, the 2008 Mumbai attacks, the exodus of hundreds of thousands of Rohingya from Myanmar and the ongoing conflict in the disputed region of Kashmir.

She began her journalism career in New Delhi in 1988 and helped launch AP Television News video operations in New Delhi in 1995. She briefly held other positions in the broadcast industry before returning to AP as a video producer in 1998. She was a member of AP's Future Leaders program in 2013 and routinely helps coordinate cross-format planning efforts for the wider Asia-Pacific region.

She holds a bachelor's degree in economics from St. Stephen's College in the Indian capital and a master's degree in the subject from the Delhi School of Economics. She has received training at the Film and Television Institute of India.

"Our journalists in India and across South Asia are talented, committed to AP's mission and innovative in their storytelling, and we are thrilled that Vineeta will work collaboratively with her colleagues to raise our journalism to new heights," said AP's executive editor, Sally Buzbee.

Source: Fox News World

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Fat rat stuck in sewer saved after nine-person rescue effort in Germany

A rat packing on a little extra winter weight got stuck in a sewer grate in Germany on Sunday afternoon, prompting an impressive rescue effort.

Nine emergency responders, including firefighters and animal rescue, arrived at the scene in the town of Bensheim in southwestern Germany to give the rotund rat a hand.

Two young girls apparently made the discovery and looked on as the rescue team struggled to free the animal.

RAT LYING NEXT TO EMPTY HENNESSY BOTTLE GOES VIRAL: 'MIGHT NEED MOUSE TO MOUSE RESUSCITATION'

Nine emergency responders, including firefighters and animal rescue, arrived at the scene in the town of Bensheim in southwestern Germany to give the rotund rat a hand

Nine emergency responders, including firefighters and animal rescue, arrived at the scene in the town of Bensheim in southwestern Germany to give the rotund rat a hand (Berufstierrettung Rhein Neckar)

KICKSTARTER CAMPAIGN AIMS TO DIGITALLY ERASE RAT FROM 'THE DEPARTED' ENDING

"She had a lot of winter flab and was stuck fast at her hip - there was no going forward or back," said Michael Sehr, a professional animal rescuer from Rhein Necker, according to BBC.

As the situation looked more and more hopeless, rescuers eventually were able to prop up the manhole and secure a safety loop around the rat, and popped her out of the narrow opening.

Video and photos show the entire scene unfolding, leading up to the rat's eventual return to her home in the sewer.

To top off the story's happy ending, the two young girls who discovered the rat reportedly drew a photo for the rescuers, which pictured the rat surrounded by hearts.

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Some commenters were quick to question why such an enormous effort was exerted to save a sewer rat, but Sehr had an easy response to critics.

"Even animals that are hated by many deserve respect," he said.

Source: Fox News World

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Colorado sheriff fighting proposed gun law: ‘It has so many constitutional questions’

One Colorado sheriff says he'd rather go to jail than enforce a gun-control bill passed by the state legislature, expected to become law. Known commonly as a "Red Flag" law, the measure would allow judges to take guns away from people who are found to be a danger to themselves or others.

Weld County Sheriff Steven Reams said it would go too far. "It has so many constitutional questions I can't go forward in good faith and carry out a law that I feel puts constituents' constitutional rights at risk."

Reams, a Republican, is not alone. Half of Colorado's 64 counties have declared themselves Second Amendment sanctuaries where the measure would not be enforced.

"They could sentence me to my own jail," Reams said, "fine me, or hold a contempt hearing to further this argument along, and honestly I think any of those possibilities are out there."

Gov. Jared Polis, a Democrat, responded to criticism of the measure at a news conference last week, saying: "The sheriff is also not a law making position in our state, it is a law enforcement division." Polis is expected to sign the legislation, adding Colorado to the 14 other states and the District of Columbia which already have similar laws known formally as Extreme Risk Protection Orders.

The Colorado version would allow family members or others to petition a judge to remove people's guns if they are deemed an extreme risk to themselves or others. If the judge agrees, each person would lose the right to purchase or possess firearms for 364 days. They would be able to file a protest to request the order be reversed.

HIGH-CAPACITY GUN MAGAZINES TO REMAIN LEGAL IN CALFORNIA, JUDGE RULES

The bill easily passed the Colorado House but made it through the Senate by a mere one-vote margin. Senate President Leroy Garcia, a Democrat from Pueblo, broke with his party to vote against the measure.

Back in 2013, when Democrats last had control of the governorship and both houses in the legislature, they passed what were seen at the time as the strictest gun-control laws in the country. Afterward, two lawmakers were recalled, including State Senator Angela Giron from Pueblo. New efforts to recall legislators and even Polis reportedly have been launched since.

Colorado Attorney General Phil Weiser, a Democrat, has stated publicly that sheriffs who don't want to enforce state laws should resign, but strong words may be all they face.

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"We have local-control law enforcement in our state, that is a good thing," Polis pointed out, adding, "Law enforcement agencies have discretion as to prioritization of resources."

A similar bill is also working its way through the New Mexico legislature. Several sheriffs there also have vowed to refuse to enforce it if the bill passes.

Source: Fox News Politics

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China urges subsidies to help disease-hit pig farms restock

FILE PHOTO: A pig is seen on a farm at a village in Changtu
FILE PHOTO: A pig is seen on a farm at a village in Changtu county, Liaoning province, China January 17, 2019. REUTERS/Ryan Woo/File Photo

March 22, 2019

BEIJING (Reuters) – China has urged rural governments to offer temporary subsidies to pig breeding farms and large-scale producers to help stabilize hog production, as fears grow about the impact of a severe disease outbreak on pork supplies.

Factory prices for pork, by far the country’s most popular meat, have jumped sharply in recent weeks, while official figures show the size of the country’s pig herd has slumped by nearly 17 percent on a year ago.

While the world’s biggest pork consumer has reported 114 outbreaks of highly contagious African swine fever since the disease was first detected last August, many in the industry believe it is worse than officially reported.

The agriculture ministry on Friday urged provincial agriculture departments to release temporary subsidies for breeding farms “as soon as possible” to help them resume production.

In a suite of measures, it also called on local authorities to issue timely compensation for infected farms, and to help them improve infrastructure to boost their biosecurity, such as adding high-temperature pressure disinfection equipment.

It also urged more support for producers seeking to scale up and more land for large farms, and warned banks not to suspend or limit loans to the industry.

FINANCIAL STRAIN

The steps come after ministry figures showed the number of live pigs fell 16.6 percent at the end of February from a year earlier, and the number of sows fell 19.1 per cent.

Average lean pork factory prices in 16 provinces rose 36.9 percent year on year in the week to March 15, according to data compiled by the ministry and external consulting firm Zhuochuang.

Despite the new measures, many large farms are unwilling to restock farms that have had outbreaks of disease, fearing fresh outbreaks, two industry insiders told Reuters.

The disease kills around 90 percent of infected pigs and there is no cure or vaccine. It is not harmful to humans.

The breadth of the outbreak has also strained provincial budgets. In many cases, authorities are not issuing compensation to farms impacted by the disease, said Yao Guiling, an analyst with China-America Commodity Data Analytics Co Ltd.

Rabobank expects China’s hog production to fall by more than 20 percent in 2019, which threatens to send prices soaring.

Supplies from abroad will have only a limited impact on reducing shortages in China, said Yao.

“There’s quite a gap between the volume [from overseas] and our annual production of more than 50 million tonnes, so pork prices could rise quite severely,” she said, estimating available global supplies at around 2 million tonnes.

(Reporting by Dominique Patton; editing by Richard Pullin)

Source: OANN

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Novatek close to deal with Saudi Aramco on Arctic LNG 2 project: CEO

Novatek Chairman Mikhelson attends Russian Energy Week forum in Moscow
Novatek Chairman of the Management Board Leonid Mikhelson takes part in a signing ceremony on the sidelines of the Russian Energy Week international forum in Moscow, Russia October 3, 2018. REUTERS/Sergei Karpukhin

March 17, 2019

MOSCOW (Reuters) – Leonid Mikhelson, chief executive of Russian gas giant Novatek, said on Sunday he had discussed the company’s Arctic LNG 2 project with Saudi oil minister Khalid al-Falih and that a deal could be expected soon.

“We are in talks with Saudi Aramco (on the Arctic LNG 2 project). I think we will get something concrete in coming months,” Mikhelson said, adding that he did not expect global liquefied natural gas (LNG) prices to change after the project’s launch.

Speaking on the sidelines of a meeting of OPEC members and other major oil exporters in Baku, Mikhelson also said that the so-called ‘gas OPEC’ – a loose organization of global leading producers of natural gas – would strengthen on the global energy markets.

(Reporting by Vladimir Soldatkin; Writing by Polina Ivanova, Editing by William Maclean)

Source: OANN

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EU, Balkan state ministers discuss EU enlargement process

German Foreign Minister Heiko Maas says that nations in the western Balkans aspiring to join the European Union should be given a clear pathway to membership but urged them to solve their conflicts, including those lingering from the wars of the 1990s.

Maas was speaking Friday in Warsaw at a conference of foreign ministers from the six aspiring states and some EU members, held in preparation for a summit scheduled in Poland in July. Berlin is also to host a meeting of western Balkan and EU high representatives April 29.

Maas pointed to the example of North Macedonia, which recently changed its name to settle a conflict with Greece.

Internal conflicts in the Balkans and a split between those supporting ties with the EU and those opting for Russian links have stalled the EU enlargement process.

Source: Fox News World

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Undermining Democratic Institutions to Protect Democrats

Undermining Democratic Institutions to Protect Democrats

AP Photo/John Locher, File

Are America's political institutions no longer working and in need of an overhaul, or are they, at present, simply not working for Democrats? One catches a palpable sense of the latter as both progressive and mainstream Democrats seek to reform the norms and institutions of American politics that do not currently sit in their favour. Pack the courts, lower the voting age, disband the electoral college and do away with equal representation of states in the Senate, comes the cry from progressive and even moderate elements of the party. In agitating for change, however, Democrats' true aims are laid bare: when political institutions work in Democrats' favour, they are sacrosanct. When those institutions favour Republicans, however, they are archaic, unfair and in dire need of replacement.

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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FILE PHOTO: Ford logo is seen at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

April 26, 2019

(Reuters) – Ford Motor Co said on Friday the U.S. Department of Justice had opened a criminal investigation into the automaker’s emissions certification process in the United States.

The potential concern does not involve the use of defeat devices, the company said in a regulatory filing. (https://bit.ly/2VqjHpl)

Ford had voluntarily disclosed the matter to the U.S. Environmental Protection Agency and the California Air Resources Board in February.

(Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

Source: OANN

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