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Man charged with cyber threats against Jews, Muslims, blacks

Federal prosecutors say a Pennsylvania man created a digital image of himself pointing an AR-15 rifle at a group of praying Jewish men and posted it online.

The image is one of several alleged threats against Jewish, Muslim and black people that authorities say were posted by 30-year-old Corbin Kauffman.

They say the Lehighton (lee-HY'-tun) man also sprayed anti-Semitic graffiti at a park; plastered an Ocean City, Maryland, Jewish center's display case with white supremacist and anti-Semitic stickers; and posted photos of the vandalism.

Kauffman was charged last week with interstate transmission of threats. Federal prosecutors announced the charge Thursday.

Kauffman's lawyer declined to comment.

Last fall, a gunman with an AR-15 rifle and other weapons opened fire at Pittsburgh's Tree of Life Synagogue, killing 11. Authorities in that case say Robert Bowers expressed hatred of Jews.

Source: Fox News National

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Reports: German government divided over Saudi arms sales ban

German media are reporting that the government is split over whether to extend a ban on arms sales to Saudi Arabia.

Media group RND and news agency dpa reported that a meeting Wednesday of the government's security committee failed to agree on prolonging the ban that expires March 31.

Britain and France have criticized Germany's stance, saying the ban prevents them selling jointly-developed equipment with German components to the Gulf nation.

Germany imposed the ban following the killing of Saudi journalist Jamal Khashoggi at the kingdom's consulate in Istanbul last year.

RND and daily Stuttgarter Zeitung reported that the center-left Social Democrats, who are part of Chancellor Angela Merkel's governing coalition, have indicated they're willing to accept exports of European arms that contain only a small percentage of German parts.

Source: Fox News World

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LDS missionary from Utah, 18, dies in Dominican Republic after falling off apartment building roof

A missionary from Utah died Wednesday after he fell off an apartment building roof in the Dominican Republic, the church said.

Brennan Conrad, an 18-year-old missionary from The Church of Jesus Christ of Latter-day Saints, was pronounced dead Wednesday morning in the Dominican Republic, where he had been serving since August, FOX13 reported.

REMOTE INDIAN TRIBE WHO KILLED AMERICAN MISSIONARY UNLIKELY TO FACE PUNISHMENT, STATE DEPARTMENT SAYS

“Our deepest condolences go out to his family,” LDS Church said in a statement. “We pray they will be comforted as they deal with this tragedy and mourn Elder Conrad’s passing.”

Conrad, who was from Hyde Park, Utah, was assigned to the Dominican Republic Santo Domingo East Mission.

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It’s unclear what caused Conrad to fall off the apartment building roof.

Source: Fox News World

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Europe car sales sink for 7th straight month

New car sales in Europe are continuing to fall for the seventh straight month, dropping by 4 percent in March.

The European carmakers' association ACEA, based in Brussels, said 1.72 million new cars were sold last month, down from 1.79 million in March 2018. Italy led all five top markets in decline, with a double-digit drop.

The Volkswagen group gained market share, capturing 23.2 percent of sales with a mild 1-percent drop. Shares of its luxury brands were mixed, with Audi up by 1.7 percent and Porsche plummeting 19 percent.

French carmaker Renault was alone among mass carmakers in increasing sales, up 2 percent, on the strength of its lower-priced Dacia marquee.

German luxury carmaker Daimler's sales slipped by 13.3 percent. BMW sales were down by 2.2 percent.

Source: Fox News World

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Mueller 'no collusion' finding reveals Trump was right all along: Jay Sekulow

The release of Robert Mueller’s Russia report's “principal conclusions” shows that after a two-year probe what President Trump said at the outset was "correct," Trump personal attorney Jay Sekulow said Monday.

“There was no collusion, there was no obstruction and we need to move on,” Sekulow told “Fox & Friends.”

He agreed with Trump’s other personal attorney, Rudy Giuliani, that someone tricked the FBI into opening its initial investigation into any Russian meddling in the 2016 campaign.

WATCH FOX NEWS' LIVE COVERAGE AFTER THE RELEASE OF AG BARR'S LETTER OF 'PRINCIPAL CONCLUSIONS' FROM MUELLER'S RUSSIA PROBE

Earlier Monday, Giuliani told “Fox & Friends” in response to a question about that, "Yes, yes, yes -- and you're going to find out, believe me, who it was.”

“I think that the whole thing started with the dossier, the Steele dossier and (former FBI director) James Comey calls it ‘salacious and unverified’ and meanwhile they start a counterintelligence action on that and then you have the FISA warrants and the people with the FISA warrants again are brought up on no charges as far as it relates to (former Trump campaign adviser) Carter Page,” Sekulow said.

Attorney General William Barr summarized the main findings of the Mueller report in a four-page letter delivered to Congress Sunday.

Sekulow, who is also chief counsel of the constitutional law nonprofit American Center for Law and Justice, said that now was the time to turn the focus from investigating Trump to governing.

“Congress has got these investigations on these same exact topics except they don’t have the resources or the capabilities, or frankly, the jurisdiction to get the kind of information Special Counsel (Mueller) got,” he said. “So instead of wasting money and time, and more importantly I think as important as time, let’s focus on things for the American people.”

GIULIANI CRYPTICALLY WARNS PERSON BEHIND RUSSIA COLLUSION CLAIM WILL BE OUTED: ‘JUST PAY ATTENTION’

Sekulow noted that the president said he’s in favor of complete immigration reform so that's one of the things Washington can now get done.

“There are a lot of things that can be done to advance our country over the next several years,” he said. “Let’s start governing again and I think that will be best for the American people.”

DEMOCRATS 'LIED TO THE AMERICAN PEOPLE' OVER MUELLER PROBE, NOW HAVE TO ANSWER TO AMERICAN PEOPLE: CHAFFETZ

The House by a 420-0 vote called for public release of the Mueller report with redactions for classified secrets and other information that should not be disclosed.

Trump said Wednesday on releasing the report, “Let it come out, let people see it. Let’s see whether or not it’s legit.”

Sekulow said he believes Barr will move expeditiously in releasing the report to the public consistent with the law, regulations and Justice Department policy.

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“He is not going to disclose (grand jury) material,” Sekulow said of the attorney general. “If you did, that could be a criminal act if he did disclose grand jury material. National security material should not be disclosed. People that were exonerated should not be put in a spotlight. That would be wrong.”

Source: Fox News Politics

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Egypt’s lawmakers vote to extend president’s term limits

Egypt's parliament is holding the last debate on proposed amendments to the constitution that could see President Abdel-Fattah el-Sissi remain in power until 2030.

Tuesday's session comes ahead of a final vote by lawmakers on the changes to the 2014 charter, before the amendments are put on a national referendum, likely before early May when the Muslim holy month of Ramadan starts.

The proposals would only extend a president's term in office from four to six years. But they include a special article to extend el-Sissi's current, second term to six years and allow him to run for another six-year term in 2024.

Critics of the move argue that Egypt is slipping back into authoritarianism, eight years after a pro-democracy uprising ended autocrat Hosni Mubarak's three-decade rule.

Source: Fox News World

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Brexit deadline extension only makes sense if it raises chances of deal: Barnier

EU chief Brexit negotiator Barnier holds a news conference after a General Affairs Council on Article 50 in Brussels
European Union's chief Brexit negotiator Michel Barnier holds a news conference after a General Affairs Council on Article 50 in Brussels, Belgium March 19, 2019. REUTERS/Yves Herman

March 19, 2019

BRUSSELS (Reuters) – An extension of Brexit talks beyond the March 29th deadline would only make sense if it increased the chances of the already agreed deal being ratified by Britain, the European Union’s chief Brexit negotiator Michel Barnier said on Tuesday.

Barnier said that after two years of talks with Britain on its withdrawal from the bloc, the key moment has now come for London to make up its mind and end the genuine uncertainty that its lack of decision on the way forward has created.

“Does an extension increase the chances of ratification of Withdrawal Agreement? What would be the purpose and outcome? How can we ensure that, at the end of a possible extension, we are not back in the same situation as today?” Barnier told a news conference.

“If Theresa May requests an extension before the European Council on Thursday, it will be for the 27 leaders to assess the reason and usefulness […] EU leaders will need a concrete plan from the UK in order to be able to make an informed decision,” he said.

(Reporting By Gabriela Baczynska, writing by Jan Strupczewski)

Source: OANN

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

Source: OANN

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

Source: OANN

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

Source: OANN

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

Source: OANN

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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