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Karl Rove: Let’s See If Joe Biden ‘Has What It Takes’

Karl Rove, deputy chief of staff under President George W. Bush, says do not count former Vice President Joe Biden out.

Rove made his comments in a Thursday column in The Wall Street Journal.

"The former vice president was attacked Friday by a Bernie Sanders supporter for encroaching on her personal space at her 2014 campaign rally, smelling her hair and kissing the back of her head, leaving her uncomfortable," he said. "Conservative Internet wizards then made the touchy-feely Mr. Biden into a meme as 'Creepy Uncle Joe.'

"Mr. Biden's subsequent apologies and his promise Wednesday to be 'more mindful' because 'social norms are changing' are acknowledgments that he is struggling in today's #MeToo culture."

But Rove said Biden, who has still not announced his decision to run for president in 2020, has plenty of ammunition to fight back if other candidates try to bring up the woman's claim and similar ones by others.

"When other candidates bring it up, what if he says they all have something they must defend, like being a National Rifle Association fellow traveler (Mr. Sanders) or a nightmare boss (Amy Klobuchar) or falsely claiming to be a Native American (Elizabeth Warren),” he said.

And Rove maintained Biden could do well in the early primaries.

"He doesn't need to win every contest, but could end the first four as the most consistent candidate with the most delegates," Rove said. "So don't count Uncle Joe out. Let's see if he has what it takes, starting with his formal announcement and the June debates."

Source: NewsMax Politics

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Thomas Cook approached by potential bidders: Sky News

Illustration photo of a Thomas Cook logo
The Thomas Cook logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration

April 20, 2019

(Reuters) – Thomas Cook has been tentatively approached about a takeover of its tour operating unit, or the entire company, by several parties as its lenders prepare for crunch talks over the state of its finances, Sky News reported on Saturday.

The company, which has put its airline business up for sale, last month announced a review of its money division to help focus on its core holiday business after a rough 2018.

Citing unnamed sources, Sky News reported https://news.sky.com/story/bidders-try-to-land-thomas-cook-as-lenders-chart-new-course-11698817U.S. private equity firm KKR & Co and Swedish buyout group EQT Partners were potential bidders for the group, while China’s Fosun International was understood to be among those to have lodged a preliminary interest in the tour business.

Thomas Cook, the world’s oldest tour operator, has brought in advisers from AlixPartners to work on its balance sheet and cost-reduction plans, while its syndicate of more than a dozen lenders has hired FTI Consulting to advise on their financial exposure to the company, the report added.

Thomas Cook and KKR said they won’t be commenting on the report. EQT declined to comment, while Fosun could not be immediately reached for comment.

(Reporting by Sathvik N in Bengaluru; Editing by David Holmes)

Source: OANN

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Thailand set to be Southeast Asia’s hottest IPO market with $5 billion of planned second half floats

FILE PHOTO: The logo of PTT is pictured at the 38th Bangkok International Motor Show in Bangkok
FILE PHOTO: The logo of PTT is pictured at the 38th Bangkok International Motor Show in Bangkok, Thailand March 28, 2017. REUTERS/Athit Perawongmetha

April 25, 2019

By Chayut Setboonsarng and Anshuman Daga

BANGKOK/SINGAPORE (Reuters) – Thailand is set to see the most funds raised from IPOs in Southeast Asia this year, with more than $5 billion expected to be garnered in the second half, sources said, as a tourist boost to the economy trumps jitters stoked by inconclusive elections.

Southeast Asia’s second largest economy is expected to see listings from the retail arm of state-owned oil company PTT Pcl, the hospitality business of tycoon Charoen Sirivadhanabhakdi’s empire, and a unit of the country’s largest retailer Central Group, people familiar with the matter said.

First-time share sales from these companies and others could make it the largest haul for the country in six years, said the sources, who were not authorized to speak to the media.

Investors are focusing on the country’s stable economic growth and currency and do not see any big risk from political uncertainty. Preliminary election results show Pheu Thai, the leading anti-junta party, has won the most constituency seats, while the pro-army Palang Pracharat gained the most votes, but each is unable to form a government on its own.

Low interest rates and a hunt for high-yielding assets are driving investors to allocate money for equities, fund managers said.

“People are waiting and IPOs will sell,” said Narongchai Akrasanee, chairman of MFC Asset Management.

Tourism is a strong pillar of Thailand’s growth, with the country expecting visitor arrivals to rise by 7.5 percent this year. Thailand’s finance minister said last week that the country will introduce economic measures worth about 20 billion baht ($624 million) to boost consumption, tourism and help low-income earners.

Last year, Vietnam was the biggest market for IPOs in Southeast Asia, with listings there raising $3.4 billion, according to data from Refinitiv.

Bankers say 2019 is set to be Thailand’s strongest year for IPOs since 2013, when they raised over $6 billion. In 2018, Thai listings raised $2.5 billion after mopping up $3.8 billion in the previous year, Refinitiv data showed.

“One positive in Thailand is that domestic investor liquidity is extremely healthy,” said Ho Cheun Hon, Credit Suisse’s Singapore-based head of Southeast Asia equity capital markets.

“Assuming the final election outcome does not impact consumer and investor sentiment negatively, we are hopeful that market conditions in the second half of the year will be constructive for the strong Thai pipeline to push through,” he said.PTT Oil & Retail, which includes gas stations, coffee shops and convenience stores, is expected to kick off its IPO process after the election results and could raise about $2 billion, sources said.

Mall operator Central Group’s retail arm is also slated for a stock market flotation later this year and could raise $1 billion-$2 billion, sources said.

Asset World Corp, the hospitality arm of TCC Group, which owns office buildings, luxury hotels and shopping arcades, plans to launch a $1 billion-$1.5 billion IPO in the second half of the year, IFR reported in January.

PTT, TCC and Central did not respond to Reuters requests for comment.

While there is short-term volatility in markets, Thailand’s benchmark index is trading at close to its five-year historical PE ratio, so IPO plans should go ahead if there is more clarity in politics in the second half of 2019, said Nunmanus Piamthipmanus, SCB Asset Management’s chief investment officer.

Some investors, however, cautioned that issuers had to ensure IPOs were not overpriced.

“Competition and supply in offices, hotels and malls make these sectors challenging,” says Thidasiri Srisamith, chief investment officer at Kasikorn Asset Management.

(Reporting by Chayut Setboonsarng in BANGKOK and Anshuman Daga in SINGAPORE; Editing by Muralikumar Anantharaman)

Source: OANN

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Five years after Crimea annexation, tensions remain

“Russia opened its arms, its heart and soul and welcomed you with joy and delight!” Russian President Vladimir Putin called out to exuberant crowds in Crimea Monday evening. He was at a concert in Sevastopol to mark five years since the annexation of Crimea.

“Five years passed like one moment. Now these emotions come back to me, the joy, the great victory,” said the Crimean President Andrei Babichev.

The taking of Crimea was an emotive moment for the nation and Putin’s popularity shot up 20 points, to the mid-80s, in the aftermath. But it recently lost those points. This was said to have been triggered by the raising of the pension age from 55 to 60 for women, from 60 to 65 for men. The relatively low Russian pension age was a sacred cow, a holdover from Soviet times. Some say the so-called “Crimean Consensus,” the ability of Crimea to put a smile on every Russian’s face, has dried up.

One could suggest that ratings don’t matter much in a Russia whose president has five years left on a term that should, in theory, be his last. But plenty of people would argue with that.

“I think it does matter,” said Eleonora Tafuro Ambrosetti, a researcher at the IPSI think tank in Milan.  “A decrease in popularity means an increase in the willingness of the population to take to the streets and protest and this is not something the Kremlin is used to and the Kremlin fears.”

There have been a scattering of demonstrations since the pension age was lifted. Over the weekend, several hundred took to the streets of Moscow calling for social and political change. Hundreds is not huge. But they were vociferous.

“This year we got a horrific pension reform, it is terrible,” said opposition figure Sergei Udaltsov. “We got new taxes. We got new restrictions on simply criticizing the authority. Today a person will be held accountable for an insult against an official. We got dozens of cynical, insulting statements from the officials of various levels. They almost went nuts in recent months.”

Some worry Putin may look for another crisis to boost his standing. He has militarized the Crimean Peninsula in the five years that have passed.

At a recent panel discussion about Ukraine at Chatham House, Col. Vadim Skibitksi, the deputy head of intelligence for Ukraine’s Ministry of Defense, displayed charts that showed the exponential increase in Russian military hardware in Crimea. For example, before the annexation, there were 22 combat aircraft stationed there, according to Skibitski.  Now there are 122.

“This is a threat for all countries in the Black Sea region,” he said.

Russian Sen. Viktor Bondarev recently said that the Kremlin is deploying nuclear-capable strategic bombers to Crimea.

James Appathurai, deputy assistant secretary general for Political Affairs at NATO, said that the annexation of Crimea is part of a pattern that began with Georgia and includes Russian intervention in Syria. But it was a game changer.

Appathurai said at that same Chatham House talk, “It is also important to recognize that Crimea gives Russia a stronger platform to project force and political influence far beyond Ukraine and even beyond the Black Sea. It is using this enhanced military capability to project force into the eastern Mediterranean, into the Middle East, and potentially elsewhere.”

NATO has spent the intervening years preparing to protect any further potential targets of Russian activity. And on the anniversary, the European Union countries reconfirmed they do not recognize the annexation. But the facts remain on the ground.

Despite the enormous cost of integrating the peninsula (one estimate is it will cost overall $82 billion) and the political costs of getting kicked out of the G8 and being slapped with sanctions, the overwhelming majority of Russians still support the annexation of Crimea, according to a recent poll. But increasingly, they are indicating that their main preoccupation is economic growth and stability.

Source: Fox News World

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Woman survives stab to the head, leads police to suspect

A West Virginia woman had a knife sticking out of the back her head when she told authorities that she was stabbed by her daughter's boyfriend.

The woman's daughter, Kizzie Hardy, tells The Dominion Post that her mother wasn't stabbed, but that her boyfriend Zachary Nipper actually threw a rack of drying dishes and the knife just got stuck. The victim told police she was attacked while trying to stop Nipper from choking someone Tuesday.

Westover Police Chief Rick Panico says Nipper is charged with malicious wounding and wanted in Maryland for felonious assault. Reports didn't include comment from him.

Panico says Hardy told police she and Nipper smoked meth at the "flop house" scene. Hardy denied that to the newspaper and says her family is now being evicted.

___

Information from: The Dominion Post, http://www.dominionpost.com

Source: Fox News National

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North Korea names new nominal head of state: KCNA

FILE PHOTO - KCNA picture of Choe Ryong Hae, vice-chairman of the central committee of the Workers' Party of Korea (WPK), inspecting a farm in Sariwon
FILE PHOTO - Choe Ryong Hae, vice-chairman of the central committee of the Workers' Party of Korea (WPK), inspects a farm in Sariwon, North Korea, in this photo released on April 9, 2019 by North Korea's Korean Central News Agency (KCNA). KCNA via REUTERS

April 11, 2019

SEOUL (Reuters) – North Korea named a new nominal head of state, state media said on Friday, at a session of its rubber-stamp legislature that took place on Thursday.

Choe Ryong Hae was named President of the Presidium of the Supreme People’s Assembly of North Korea, Korean Central News Agency (KCNA) said, replacing Kim Yong Nam. Kim had held the position since 1998.

North Korean leader Kim Jong Un has been elected as chairman of the State Affairs Commission, KCNA said.

North Korea also named a new Premier of its cabinet, Kim Jae Ryong, replacing Pak Pong Ju who had held his current post since 2013.

(Reporting by Joyce Lee; Editing by James Dalgleish)

Source: OANN

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Brazil’s president does not think truckers have reason to strike: spokesman

Brazil's President Jair Bolsonaro walks during an Army Day ceremony, in Brasilia
Brazil's President Jair Bolsonaro walks during an Army Day ceremony, in Brasilia, Brazil April 17, 2019. REUTERS/Adriano Machado

April 22, 2019

BRASILIA (Reuters) – Brazil’s President Jair Bolsonaro believes there is no reason for the country’s truckers to go on strike, his spokesman said on Monday.

General Otavio Rego Barros told reporters in Brasilia that the government’s talks with truckers were aimed at securing a good outcome to avoid a strike. A 2018 truckers strike paralyzed Brazil’s economy, and the government recently pushed state-oil firm Petroleo Brasileiro not to raise diesel prices for fear of fresh strikes.

(Reporting by Ricardo Brito; Editing by Lisa Shumaker)

Source: OANN

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A man looks out at a flooded residential area in Gatineau
A man looks out at a flooded residential area in Gatineau, Quebec, Canada, April 24, 2019. REUTERS/Chris Wattie

April 26, 2019

MONTREAL/OTTAWA (Reuters) – Rising waters were prompting further evacuations in central Canada on Thursday, with the mayor of the country’s capital, Ottawa, declaring a state of emergency and Quebec authorities warning that a hydroelectric dam was at risk of breaking.

Ottawa Mayor Jim Watson declared the emergency in response to rising water levels along the Ottawa River and weather forecasts that called for significant rainfall on Friday.

In a statement on Twitter, Watson asked for help from the Ontario provincial government and the country’s military.

He warned that “flood levels are currently forecasted to exceed the levels that caused significant damage to numerous properties in the city of Ottawa in 2017.”

Spring flooding had killed one person and forced more than 900 people from their homes in Canada’s Quebec province as of 1 p.m. on Thursday, according to a government website.

Ottawa has received 80 requests for service related to potential flooding such as sandbagging, a city spokeswoman said.

The prospect of more rain over the next 24 to 48 hours triggered concerns on Thursday that the hydroelectric dam at Bell Falls in the western part of Quebec could be at risk of failing because of rising water levels.

Quebec’s provincial police said 250 people were protectively removed from homes in the area as of late afternoon in case the dam on the Rouge River breaks.

The dam is now at its full flow capacity of 980 cubic meters per second of water, said Francis Labbé, a spokesman for the province’s state-owned utility, Hydro Quebec. He said Hydro Quebec expected the flow could rise to 1,200 cubic meters per second of water over the next two days.

“We have to take the worst-case scenario into consideration, since we`re already at the maximum capacity,” Labbé said by phone.

The dam is part of a power station that no longer produces electricity, but is regularly inspected by Hydro Quebec, he said.

(Reporting by Allison Lampert in Montreal and David Ljunggren and Julie Gordon in Ottawa; Editing by James Dalgleish and Peter Cooney)

Source: OANN

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FILE PHOTO: Funeral of journalist Lyra McKee in Belfast
FILE PHOTO: Pallbearers carry the coffin of journalist Lyra McKee at her funeral at St. Anne’s Cathedral in Belfast, Northern Ireland, April 24, 2019. REUTERS/Clodagh Kilcoyne/File Photo

April 26, 2019

BELFAST (Reuters) – Detectives investigating the murder of journalist Lyra McKee in Northern Ireland last week suspect the gunman who shot her dead is in his late teens as they made a further appeal to the local community who they believe know his identity.

McKee’s killing by an Irish nationalist militant during a riot in Londonderry has sparked outrage in the province where a 1998 peace deal mostly ended three decades of sectarian violence that cost the lives of some 3,600 people.

The New IRA, one of a small number of groups that oppose the peace accord, has said one of its members shot the 29-year-old reporter dead in the Creggan area of the city on Thursday when opening fire on police during a riot McKee was watching.

The killing, which followed a large car bomb in Londonderry in January that police also blamed on the New IRA, has raised fears that small marginalized militant groups are exploiting a political vacuum in the province and tensions caused by Britain’s decision to leave the European Union.

Police released footage on Friday of immediately before and after the shooting showing three men who were involved in the rioting and identified one as the gunman who they believe is in his late teens. 

“I believe that the information that can help us to bring those responsible for her murder to justice lies within the community. I need the public to tell me who he is,” Detective Superintendent Jason Murphy told reporters.

Murphy said those involved in the disorder on the night were teenagers or in their early 20s, and that about 100 people were on the ground watching the trouble as it unfolded.

He added that police believed the gun used in the attack was of a similar caliber to those used before in paramilitary type attacks in Creggan. 

“I recognize that people living in Creagan may find it’s difficult to come forward to speak to police. Today, I want to provide a personal reassurance that we are able to deal with those issues sensitively,” Murphy said, echoing similar appeals in recent days.

(Reporting by Amanda Ferguson, editing by Padraic Halpin and Toby Chopra)

Source: OANN

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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