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Five years on, Crimea annexation divides a family

Crimean Tatar prominent activist Umerov attends a welcoming ceremony at Boryspil International Airport outside Kiev
Crimean Tatar prominent activist Ilmi Umerov (R), who opposed to Moscow's annexation of Ukraine's Crimea region, then was sentenced by a Russian court and recently freed, attends a welcoming ceremony and a news conference at Boryspil International Airport outside Kiev, Ukraine October 27, 2017. REUTERS/Gleb Garanich

March 15, 2019

By Margaryta Chornokondratenko

KIEV/SIMFEROPOL (Reuters) – Five years after Russia seized Crimea from Ukraine, prominent dissident Ilmi Umerov finds himself in Kiev, separated from his wife and family in Crimea whom he fears rejoining because of what he thinks is the threat of prosecution.

The pro-Kiev Crimean Tatar activist was jailed for two years by Russia in 2017 for separatism but has been released as part of a deal brokered by Turkey.

The 62-year-old now lives in Kiev with his youngest daughter, while his wife, two other children and relatives live in Crimea.

He fears local authorities could open a new case against him if he returns.

The Tatars, a mainly Muslim Turkic community that makes up about 15 percent of Crimea’s population, suffered mass deportation under former Soviet dictator Josef Stalin.

They have largely opposed Russian rule in Crimea and say Moscow’s 2014 annexation of the peninsula was illegal, a view supported by the West.

“Frankly speaking, it is not my separation from the people that is hard, but my separation from Crimea. It took so many efforts to return to Crimea after the deportations in 1944,” said Umerov, referring to the Crimean Tatars’ return many years later.

He urges Crimean Tatars not to leave the peninsula unless there is a real threat to their life and freedom.

Umerov was deputy head of the Crimean Tatars’ semi-official Mejlis legislature before it was suspended by Moscow in 2017.

His wife visits him regularly in Kiev and his son Suleyman, who lives in the Crimean city of Simferopol, makes the trip twice a year.

“I have a father and he is not that far from me. But while I am here and he is there, it feels like something was taken out of me and was not put back to its place,” Suleyman told Reuters in Simferopol.

(Reporting by Margaryta Chornokondratenko; writing by Tom Balmforth; editing by Jason Neely)

Source: OANN

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Vatican to open own investigation into accusations against Pell

Cardinal George Pell arrives at County Court in Melbourne
Cardinal George Pell arrives at County Court in Melbourne, Australia, February 27, 2019. AAP Image/David Crosling/via REUTERS

February 27, 2019

By Philip Pullella

VATICAN CITY (Reuters) – The Vatican is opening its own investigation into accusations against Cardinal George Pell, who was found guilty of sexual abuse of minors in his native Australia, a spokesman said on Wednesday.

The move means that Pell, who maintains his innocence and plans to appeal the verdict, could be dismissed from the priesthood if the Vatican’s doctrinal department also finds him guilty.

The Pell conviction has been particularly embarrassing for the Vatican and Pope Francis, coming just two days after the end of a major meeting of Church leaders on how to better tackle the abuse of children by clergy.

The 77-year-old Pell, a former top Vatican official, will spend his first night behind bars on Wednesday after he was remanded in custody pending sentencing for sexually abusing two choir boys in Australia two decades ago. [nL1N20L2CX]

“After the guilty verdict in the first instance concerning Cardinal Pell, the Congregation for the Doctrine of the Faith (CDF) will now handle the case following the procedure and within the time established by canonical norm,” Vatican spokesman Alessandro Gisotti said.

He did not elaborate about the timing or the procedure. The investigation could lead to a full trial or an abbreviated “administrative process”, a Vatican source said.

VATICAN FINANCES

Gisotti also confirmed that Pell was no longer head of the Secretariat for the Economy, where he oversaw the Vatican’s finances. Pell’s five-year term in the post expired several days ago and the pope has not yet named a successor.

Pell, the most senior Catholic cleric to be convicted for child sex offences, was found guilty in December of five charges related to the abuse of the 13-year-old boys while he was Archbishop of Melbourne in the 1990s.

Pell’s guilty verdict was revealed in Australia on Tuesday after a court suppression order was dropped. He will be sentenced on March 13.

Last month, a CDF “administrative process” found Theodore McCarrick, a former cardinal who served as archbishop of Washington, D.C,, guilty of sexual abuse of minors and adults.

McCarrick, who resigned as cardinal last year when the accusations first surfaced and were deemed credible by U.S. Church investigators, was dismissed from the priesthood.

McCarrick became the first cardinal to step down in a century and the highest-profile Catholic figure to be defrocked over sexual abuse.

While McCarrick’s case began and ended in Church tribunals, the Vatican investigation of Pell unusually follows a conviction in a civil court.

The Vatican procedure could choose to use information from the Australian court, Vatican sources said.

One source added that it was unusual because the Vatican had announced its own investigation into Pell before the appeals case in Australia.

(Reporting By Philip Pullella; Editing by Catherine Evans and Gareth Jones)

Source: OANN

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Bernie Sanders says Boston Marathon bomber, sexual assaulters should be allowed to vote

2020 presidential candidate Sen. Bernie Sanders on Monday defended his stance for granting voting rights to criminals in prison, including the Boston Marathon bomber and convicted sexual assaulters.

During a CNN town hall on Monday night, Harvard student Anne Carlstein asked if his position would support “enfranchising people” like Boston Marathon bomber Dzhokhar Tsarnaev, who she noted is a “convicted terrorist and murderer,” as well as those “convicted of sexual assault,” whose votes could have a “direct impact on women’s rights.”

Sanders first responded by saying he wanted a “vibrant democracy” with “higher voter turnout” and blasted “cowardly Republican governors” who he said were “trying to suppress the vote.”

The Vermont senator then argued that the Constitution says “everybody can vote” and that “some people in jail can vote.”

5 THINGS TO KNOW ABOUT SEN. BERNIE SANDERS

“If somebody commits a serious crime- sexual assault, murder, they’re gonna be punished. They may be in jail for 10 years, 20 years, 50 years, their whole lives. That’s what happens when you commit a serious crime,” Sanders elaborated.

“But, I think the right to vote is inherent to our democracy. Yes, even for terrible people, because once you start chipping away and you say, ‘That guy committed a terrible crime, not gonna let him vote. Well, that person did that. Not gonna let that person vote,’ you’re running down a slippery slope. So, I believe that people who commit crimes, they pay the price. When they get out of jail, I believe they certainly should have the right the vote, but I do believe that even if they are in jail, they’re paying their price to society, but that should not take away their inherent American right to participate in our democracy.”

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CNN anchor Chris Cuomo pressed the Democrats' frontrunner, asking him if he was “sure about that” since he effectively was “writing an opposition ad.” Sanders dismissed such concerns, saying he'd written “many 30-second opposition ads” throughout his life.

“This is what I believe. Do you believe in democracy? Do you believe that every single American 18 years of age or older who is an American citizen has the right to vote?” Sanders continued. “This is a democracy. We’ve got to expand that democracy and I believe that every single person does have the right to vote.”

Source: Fox News Politics

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DNA, forensic genealogy link man who died in 2017 to two cold case rapes, killing

DNA and a forensic genealogy search have solved two cold cases in Maryland — a rape and a murder — but the suspect won’t have to answer for his alleged crimes.

The cases involved the 1989 rape of a 52-year-old woman and the 1994 murder of Le Bich-Thuy, a French-born 42-year-old research biologist who was also raped, Montgomery County Police said last week. Both had been followed home from a Rockville train station.

Police said the person who committed the crimes was Kenneth Day -- but Day has been dead for two years. He died in West Virginia when he was 52 and his obituary said his survivors included a daughter and two grandchildren. It was not immediately clear how Day died. Though several mug shots were released of Day, it also wasn't known what he had been jailed for in those cases.

Officials said Day could be a suspect in other unsolved cases in Montgomery County, too.

Mug shot for Kenneth Day when he was 24 in 1989. Police last week tied Day to an unsolved 1989 in Rockville, Md., using DNA and forensic genealogy.

Mug shot for Kenneth Day when he was 24 in 1989. Police last week tied Day to an unsolved 1989 in Rockville, Md., using DNA and forensic genealogy. (Montgomery County Police Department)

DNA LEADS TO ARREST IN COLD CASE MURDERS OF TWO ALABAMA GIRLS, REPORTS SAY

Retired detective Bob Phillips devoted hours to solving Bich-Thuy’s murder without success, according to a 2010 report.

Phillips was on the job in 1994 when he responded to Bich-Thuy’s home when her body was found.

"I remember responding there that evening with Detective Drury and Detective Bond,” he told NBC 4 DC. “She was not covered up but she just naturally sunk into this English Ivy and was hard to see."

Photo of Kenneth Day when he was 40 in 2005.

Photo of Kenneth Day when he was 40 in 2005. (Montgomery County Police Department )

In 2017 Montgomery detectives produced a composite sketch of the woman’s killer using DNA recovered from the crime scene with the assistance of Parabon NanoLabs in Virginia.

NORTH CAROLINA MAN CHARGED IN QUADRUPLE COLD CASE MURDERS FROM 2008

More recently, detectives used Parabon to upload the crime scene DNA to the genealogy website GEDmatch. That led to the identification of individuals who shared a significant amount of DNA with the suspect. A genealogy search then identified Day.

In the past year, cold case detectives in other parts of the U.S. have used GEDmatch to identify suspects in a number of unsolved cold case rapes and murders, including some that were decades-old.

Police trying to solve the murder of Le Bich-Thuy in 1994 used the killer's DNA from the crime scene to produce these composite sketches of what the suspect may have looked like at age 25 and 45. 

Police trying to solve the murder of Le Bich-Thuy in 1994 used the killer's DNA from the crime scene to produce these composite sketches of what the suspect may have looked like at age 25 and 45.  (Parabon NanoLabs/Montgomery County Police Department)

Even before naming Day, Montgomery police believed the person who killed Bich-Thuy and raped the other woman had committed other unsolved crimes.

“I don’t think he did this just two or three times,” Sgt. Chris Homrock, head of the cold case squad in Montgomery County told the Washington Post last year. “This guy was targeting women in that area for at least five years.”

Source: Fox News National

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Iran threatens to retaliate if US designates Revolutionary Guards as terrorists

Iran will take retaliatory action against the United States if the country designates its elite Revolutionary Guards as terrorists, Iranian parliamentarians said Sunday.

Three American officials told Reuters that the U.S. is expected to designate the Revolutionary Guards (IRGC) a foreign terrorist organization, which would mark the first time that Washington has formally labeled another country's military as terrorists.

“We will answer any action taken against this force with a reciprocal action,” a statement issued by 255 out of the 290 Iranian lawmakers said, according to IRNA, the Iranian state news agency.

PAKISTANI WOMAN SAYS HUSBAND BEAT HER, SHAVED HER HEAD AFTER SHE REFUSED TO DANCE FOR HIM

“So the leaders of America, who themselves are the creators and supporters of terrorists in the (Middle East) region, will regret this inappropriate and idiotic action.”

Critics warn the decision, which is likely to be announced by the State Department as soon as Monday, could open U.S. military and intelligence officials to similar actions by unfriendly governments around the world.

According to Reuters, IRGC commander Mohammad Ali Jafari warned in 2017 that if Trump went ahead with the move, “then the Revolutionary Guards will consider the American army to be like Islamic State all around the world.”

Members of the Iranian revolutionary guard march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2011. REUTERS/Stringer/File Photo - S1AETZITNOAA

Members of the Iranian revolutionary guard march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2011. REUTERS/Stringer/File Photo - S1AETZITNOAA (Reuters)

RUSSIA PUPPET RUMORS, DUBIOUS DONORS PLAGUE GERMAN FAR-RIGHT

U.S. Secretary of State Mike Pompeo has advocated the change in U.S. policy as part of the Trump administration’s tough posture toward Tehran, according to Reuters.

Set up after the 1979 Islamic Revolution, the IRGC is Iran’s most powerful security organization and numbers up to 125,000 fighters. It controls portions of the Iranian economy and has a big influence in its political system.

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Source: Fox News World

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Christian pilgrims march through Jerusalem for Good Friday

Thousands of Christian pilgrims and clergy members are marching through the ancient alleyways of Jerusalem's Old City, retracing Jesus' path to crucifixion in observation of Good Friday.

The faithful carried wooden crosses on their shoulders and sang hymns to mark one of Christianity's holiest days.

The march launched from the Monastery of the Flagellation, where tradition says Jesus was flogged, continued down the cobblestone Via Dolorosa and will conclude at the Church of the Holy Sepulchre, where Catholic and Orthodox Christians believe Jesus was buried before his resurrection on what is celebrated as Easter Sunday.

This year's confluence of Good Friday and the Jewish holiday of Passover has led to a festive atmosphere in Jerusalem. Jewish residents rushed to complete their preparations for the ritual of Seder dinner Friday night.

Source: Fox News World

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China to cut coal from new green bond standards: sources

FILE PHOTO: Worker walks past coal piles at a coal coking plant in Yuncheng
FILE PHOTO: A worker walks past coal piles at a coal coking plant in Yuncheng, Shanxi province, China January 31, 2018. Picture taken January 31, 2018. REUTERS/William Hong/File Photo

March 21, 2019

By David Stanway and Andrew Galbraith

SHANGHAI (Reuters) – Chinese regulators are close to releasing new “green bond” standards that would exclude polluting fossil fuel projects from corporate financing channels designed to lift environmental standards, people familiar with the matter told Reuters.

Beijing has in recent years promoted new green financing methods to help industry pay for its transition to cleaner modes of growth.

But China’s inclusion of “clean coal” in a 2015 central bank list of technologies eligible for green bonds has put the country at odds with global standards, a point of contention for some international investors and many environmental groups.

Two sources with direct knowledge of the situation say China’s central bank, which regulates financial institution debt issuance and whose 2015 guidelines were adopted by other market regulators, has already revised the eligibility list. One of the people said the list is due to be published later this month. The People’s Bank of China did not immediately respond to Reuters’ request for comment.

“If confirmed, ending the policy of financing coal with green bonds would be a much-needed step in the right direction,” said Liu Jinyan, senior campaigner with environmental group Greenpeace in Beijing.

“With no new coal projects taking money from the green bonds market, those funds can actually accelerate China’s energy transition and green development,” she said.

Of the $42.8 billion worth of green bonds issued in China last year, only $31.2 billion would have met global criteria, according to a report published at the end of February by the Climate Bonds Initiative (CBI), a non-profit group backing green bond standards.

The share of what CBI calls “internationally aligned” green bonds has been steadily increasing as China’s institutions move to align themselves more with global markets.

The PBOC’s revised criteria, however, would not apply to green “enterprise bonds”, which are regulated by the National Development and Reform Commission (NDRC), the state planner, and are primarily issued by state-owned enterprises and unlisted companies.

In its “green industry” catalog of approved environmental sectors, the NDRC in February still included the production and utilization of “clean coal”, allowing coal companies to issue “green enterprise bonds” to finance the installation of low-emission technology.

The NDRC did not immediately respond to request for comment.

Green bonds have already financed a number of big coal projects in China. Tianjin SDIC Jinneng Electric Power Co Ltd issued 200 million yuan ($29.81 million) in commercial paper on the interbank market in mid-2017 to finance a low-emissions coal-fired power plant.

Coal-to-chemical plants have also received billions of yuan in financing through green bonds, despite criticism from environmental groups.

Industry experts say the two-tiered regulatory framework – one under the PBOC and one under the NDRC – means some coal-related projects could still issue green bonds, although access to the most active green finance markets would be restricted.

“Many of the international investors and financiers have publicly announced plans to reduce their coal portfolio,” said Herry Cho, head of sustainable finance for Asia Pacific at ING.

She said the NDRC catalog is already “largely aligned” with international standards, and even includes some categories, such as equipment related to renewable energy and resource recycling, that are not yet included in global guidelines.

Shengzhe Wang, counsel at Hogan Lovells in Shanghai, who has worked on green bonds in the U.K.-China Green Finance Taskforce, said it was unrealistic to expect the sudden exclusion of coal from all green financing in China.

“For the time being perhaps we have to put up with, make a compromise with clean coal,” she said.

While that compromise may limit foreign involvement in the market, Peter Corne, managing partner at legal firm Dorsey & Whitney in Shanghai said green financing was still required to help clean up China’s coal sector.

“I don’t think it necessarily means there will be more coal projects because of it, because there has already been a moratorium for quite some time,” said Corne, who follows China’s environmental policies.

“Coal’s not going to go away, and it will greatly accelerate our progress towards achieving emission goals if we do clean up the coal sector.”

(Reporting by Andrew Galbraith and David Stanway; Editing by Sam Holmes)

Source: OANN

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Britain's Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador's residence in Beijing
Britain’s Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador’s residence in Beijing, China April 26, 2019. REUTERS/Florence Lo/Pool

April 26, 2019

BEIJING (Reuters) – British finance minister Philip Hammond said on Friday that he had a “very constructive meeting” with his counterpart in the opposition Labour Party before leaving for Beijing and that he was optimistic about finding common ground.

Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing, said talks with Labour aimed at finding a way forward on Brexit had not stalled.

“I’m optimistic that we will find common ground,” he said. “Both sides have got clear positions and both sides will have to compromise in order to reach an agreement.”

Hammond added that he absolutely did not favor a no deal exit from the European Union.

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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