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‘Foxx Must Go!’: Chicago Police Union Stages Protest Against Corrupt Smollett Prosecutor

The Chicago police union held a protest against Cook County attorney Kim Foxx over her sudden dismissal of actor Jussie Smollett’s hate hoax case.

Hundreds of members of the Fraternal Order of Police (FOP) held the protest in downtown Chicago in response to her seemingly corrupt handling of Smollett’s case, where she dropped all 16 felony charges against the “Empire” actor at the last minute and had questionable communication with Smollett’s relatives and Michelle Obama’s former Chief of Staff over his case.

Protesters were chanting “Foxx must go! Foxx must go!”

FOP issued a statement Saturday calling for Foxx to step down from her position as district attorney, alleging a pattern of misconduct by her.

Jesse Jackson and his Rainbow Coalition are staging a counter protest in support of Foxx and Smollett, claiming outrage over her handling of his case amounted to “fake news.”

“The outrage over the Jussie Smollett case is misplaced and out of proportion. It is being used from City Hall to the White House to deflect and distract from City Hall to the White House. It is fake news. The voices that are crying out the loudest seem to have only recently found their sense of righteous indignation,” Jackson said Monday.

FOP president Kevin Graham criticized Jackson’s counter protest and said Smollett’s case should have “stood trial.”

“I think many of these people who are having this counter protest, that’s what they’ve been looking for in Chicago — justice,” Graham told Fox News. “And they should be standing behind the police and the F.O.P.”

“This case should have stood trial,” he added.


Twitter: 

Chicago police as well as Chicago mayor Rahm Emanuel have made clear their shock and disappointment that charges, for staging a hate crime hoax, against Jussie Smollett have been dropped. Alex points out this is a perfect example of corruption on the left.

Source: InfoWars

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Irving, Horford out Saturday for Celtics

NBA: Indiana Pacers at Boston Celtics
Mar 29, 2019; Boston, MA, USA; Boston Celtics guard Kyrie Irving (11) drives the ball against Indiana Pacers guard Wesley Matthews (23) in the second half at TD Garden. Celtics defaced the Pacers 114-112. David Butler II-USA TODAY Sports

March 30, 2019

Kyrie Irving and Al Horford will not play on Saturday night against the Brooklyn Nets, the Boston Celtics announced.

The team said Irving has a sore lower back and Horford has left knee soreness.

In addition, Jayson Tatum is questionable with an undisclosed illness.

Both Irving and Horford played 35 minutes Friday night in the team’s 114-112 win over the Indiana Pacers.

Irving had 30 points and five assists while Horford had 19 points and seven rebounds.

The Celtics enter the game Saturday with a 45-31 record and the No. 4 spot in the Eastern Conference.

–Field Level Media

Source: OANN

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Source: InfoWars

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EU fears Brexit paralysis, says UK foreign minister Hunt

Britain's Foreign Secretary Jeremy Hunt takes part in a EU foreign ministers' meeting in Brussels
Britain's Foreign Secretary Jeremy Hunt takes part in a EU foreign ministers' meeting in Brussels, Belgium March 18, 2019. REUTERS/Yves Herman

March 18, 2019

LONDON (Reuters) – European Union foreign ministers fear a Brexit paralysis and they want the issue resolved, British Foreign Secretary Jeremy Hunt said after a meeting with his EU counterparts on Monday.

“Spent the morning discussing Brexit with Foreign Ministers in Brussels,” Hunt wrote on Twitter. “General curiosity and concern about Brexit votes in Parliament. Like us though they want it resolved and fear Brexit paralysis.”

(Reporting by Michael Holden; Editing by William Schomberg)

Source: OANN

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Germany gets Netherlands on board for global tax revamp

Finance Minister Olaf Scholz addresses a news conference to present the budget plans for 2019 and the upcoming years in Berlin
FILE PHOTO: Finance Minister Olaf Scholz addresses a news conference to present the budget plans for 2019 and the upcoming years in Berlin, Germany March 20, 2019. REUTERS/Fabrizio Bensch

March 27, 2019

BERLIN (Reuters) – Germany and the Netherlands agreed on Wednesday to back global efforts to revamp international tax rules for the digital era, as part of efforts by the Dutch government to clean up its reputation as a major enabler of corporate tax avoidance.

The emergence of internet giants such as Google, Facebook and Amazon has pushed international tax rules to the limit as they often book profits in low-tax countries rather than where their customers are located.

Global reform of the rules had been debated for years with little progress until January when nearly 130 countries and territories agreed to tackle some of the most vexing issues, such as when a country has the right to tax international transactions.

In a joint statement issued after talks in Berlin, German Finance Minister Olaf Scholz and Dutch Deputy Finance Minister Menno Snel said that steps had been taken to combat tax avoidance by agreeing and implementing the OECD- and EU- standards against base erosion and profit shifting (BEPS).

But both stressed that more needed to be done to tackle the problem of entities that are subject to no or low taxation.

“We recognize that further measures are important to ensure a sufficient level of taxation globally. In this regard, the Netherlands will introduce a conditional withholding tax on payments to low tax jurisdictions,” the joint statement said.

The Organisation for Economic Cooperation and Development (OECD) is working on proposals that aim to tackle how to determine when a country should get the right to tax companies and also on a minimum level of corporate taxation.

“We are committed to further work out this minimum tax standard, while taking into account undesired risks of double taxation and over-excessive administrative burdens,” Scholz and Snel said.

Features of the Dutch tax system criticized by experts are advance rulings granted to corporations, a large network of tax treaties, and low taxation of payments that pass though the Netherlands.

The agreement with Snel marks progress for Scholz who has advocated a broad, international approach to tackle the problem instead of national governments pursuing solo efforts.

In the absence of reform in the last few years, a growing number of countries, including Britain and France, have pushed ahead with their own plans for national taxes targeting mostly U.S.-based digital companies.

European Union governments earlier this month scrapped a plan to introduce an EU-wide digital tax as some states opposed it. The EU could reopen its debate if the OECD’s planned reforms should be delayed.

(Reporting by Michael Nienaber; additional reporting by Toby Sterling in Amsterdam)

Source: OANN

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UK’s Lidington says Brexit talks with Labour to continue, will not last months

Britain's Minister for the Cabinet Office David Lidington leaves the Houses of Parliament in London
Britain's Minister for the Cabinet Office David Lidington leaves the Houses of Parliament in London, Britain April 10, 2019. REUTERS/Hannah Mckay

April 14, 2019

LONDON (Reuters) – The British government’s talks with the opposition Labour party on a Brexit compromise will continue, but will not “drag out” for months, Cabinet Office minister David Lidington told the BBC on Sunday.

“They’re not going to go on for months, they’re certainly going to continue next week,” Lidington said. “I don’t think this question can be allowed to drag out for much longer, I think the public rightly wants politicians to get on and deal with it.”

He said meetings later this week would be divided into different subjects led by relevant ministers and their Labour opposite numbers. He then said they would “take stock” on the process once parliament resumes after its Easter break.

Central among the issues for the talks is whether the government is prepared to give ground to Labour on a future customs union with the European Union – something ministers oppose, but which is a key plank of Labour’s Brexit proposal.

Lidington said the government believed it was possible to gain the benefits of a customs union without losing the power to strike independent trade deals.

“If we’re going to reach an agreement on this there’s going to need to be movement from both sides,” he said.

(Reporting by William James; Editing by Janet Lawrence)

Source: OANN

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Albania opposition blocks highways in its anti-govt protest

Albanian opposition members have blocked national highways in their latest protest of a government they accuse of being corrupt and linked to organized crime, claims the government denies.

Supporters of the center-right Democratic Party-led opposition blocked five separate crossroads for an hour Thursday, asking that a transitory Cabinet be set up to hold an early parliamentary election.

In protests since February, opposition supporters have tried to enter parliament or government buildings and police have responded with tear gas and water cannon.

Opposition lawmakers have relinquished their seats in the 140-seat parliament where the governing Socialists have 74 seats. Most of the vacant seats have been taken by other opposition candidates.

In June, Albania expects to hear from the European Union whether full membership negotiations will be launched and will also hold municipal elections.

Source: Fox News World

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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