Upcoming shows
Real News

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Industrials’ gains put to test as earnings ramp up

FILE PHOTO: 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 9, 2019. REUTERS/Brendan McDermid

April 12, 2019

By Caroline Valetkevitch

NEW YORK (Reuters) – Investors betting on industrial stocks this year have been rewarded, with the group among the best-performing sectors so far, but that strength will be tested in the coming weeks as companies report results.

Industrials have outperformed the broader market this year, thanks in part to optimism that the United States may soon have a trade deal with China, as well as expectations the Federal Reserve will not raise interest rates again any time soon.

As first-quarter earnings for S&P 500 companies ramp up, investors will hear from Honeywell International, Union Pacific Corp. and Kansas City Southern next week.

The S&P 500 industrials index is up more than 19% for the year so far, compared with a roughly 15% gain in the S&P 500.

While industrial stocks and the rest of the market have risen on hopes that a China trade deal is near, executives have warned about the conflict’s impact, with the industrials space seen as one of the most sensitive.

Costs for certain raw materials have increased as the United States imposed tariffs on imports from China and other countries.

Investors will likely hear more this earnings period about the effects of the tariffs, and weakness in China and the rest of the global economy, on U.S. companies.

“Industrials and tech have been two of the sectors that have called out the risks from trade frequently on earnings calls,” said Jill Carey Hall, equity and quant strategist at Bank of America-Merrill Lynch.

“Some of them have seen valuations or estimates come down substantially on those risks.” Because of that, industrial companies could have further to gain if there is a trade deal or any reversal to existing tariffs, she said. The bank has an overweight rating on industrials this year.

The sector has continued to outperform even with problems for one of its leaders. Boeing shares were pummeled last month after its popular 737 MAX jet was involved in a second fatal crash and the aircraft was grounded worldwide.

Results and comments from Boeing, airlines and aerospace suppliers also are likely to generate investor attention.

Wall Street analysts have been trying to gauge the financial hit to Boeing since the March deadly plane crash in Ethiopia.

At the same time, Southwest Airlines Co has cut its financial outlook for the year after being forced to pull its new fleet of 34 Boeing 737 MAX planes out of service, and United Airlines has said it would see an adverse effect on its operations if the jets remained grounded heading into the peak summer travel season.

“There’s certainly risk at companies that sell into Boeing planes, although what we’re hearing is Boeing hasn’t so far cut back on any supplier orders. That could be in second-quarter forecasts,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

Boeing’s results are due April 24. Lockheed Martin and other aerospace and defense names are due the same week.

Those bullish on the industrials sector also argue that its valuation remains attractive despite this year’s strong gains.

The S&P 500 industrial index is trading at 15.9 times forward 12-month earnings, still among the lowest of the 11 S&P sector and below the benchmark S&P 500’s 16.8 price-to-earnings ratio, according to IBES data from Refinitiv.

First-quarter earnings for the sector are expected to have increased just 1.6% from a year earlier, though that’s better than the expected 2.3% decline in overall S&P 500 earnings, based on Refinitiv’s data.

Analysts see General Electric Co. as the largest drag on the industrials sector’s first-quarter earnings, based on Refinitiv’s data. If GE’s results are removed, the sector’s earnings are expected to have increased 4.0%. GE is due to report April 30.

Year-over-year quarterly revenue for industrials is forecast to have gained 2.9% versus a 4.9% increase expected for the S&P 500.

(Reporting by Caroline Valetkevitch; Editing by Alistair Bell)

Source: OANN

0 0

Fiat U.S. sales down 7.3 percent in March

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at its U.S. headquarters in Auburn Hills, Michigan
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at its U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo

April 2, 2019

(Reuters) – Fiat Chrysler Automobiles NV on Tuesday reported a 7.3 percent fall in U.S. sales in March, hit by lower sales of its Fiat cars and Chrysler vehicles.

The No. 4 automaker in the United States said it sold 200,307 vehicles in March, compared with 216,063, a year earlier.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

0 0

Tennis: Barty beats doubles partner Azarenka to level Fed Cup semi-final

FILE PHOTO - Tennis: Miami Open
FILE PHOTO - Mar 30, 2019; Miami Gardens, FL, USA; Ashleigh Barty of Australia returns a shot back to Karolina Pliskova of the Czech Republic (not pictured) during the woman's finals at the Miami Open at Miami Open Tennis Complex. Mandatory Credit: Steve Mitchell-USA TODAY Sports

April 20, 2019

SYDNEY (Reuters) – World number nine Ashleigh Barty kept alive Australia’s hopes of advancing to their first Fed Cup final in 26 years when she beat former world number one Victoria Azarenka in the second singles of the tie against Belarus in Brisbane on Saturday.

Barty had some trouble in the first set against the two-time Australian Open champion and saved three break points at 5-5 to go on to win 7-6(2) 6-3 and level the tie at 1-1.

Aryna Sabalenka earlier gave Belarus a strong start to the tie when she beat former U.S. Open champion Sam Stosur 7-5 5-7 6-3 in two hours, 47 minutes.

“I knew the first set would be key,” Barty said of her match against her current doubles partner.

“I dug myself into a hole in that 5-5 game but I went back to what I do well and got out of it.

“For me it was just about me coming out and doing every thing right. I prepared really well all week.”

World number 10 Sabalenka looked completely out of sorts in the first two sets against Stosur, with both players struggling to hold serve.

Sabalenka, however, turned up her power game in the third and after establishing a 4-1 lead blew her first match point opportunity in the eighth game on Stosur’s serve when she blasted a backhand volley wide with the court open.

She raced out to a 40-0 lead in the next game and while Stosur saved her second match point, the Australian sent a backhand long on the next point that gave Belarus a 1-0 lead.

“It was an unbelievable match,” Sabalenka said. “She played so quick, I couldn’t touch the ball on her returns. You must fight for each point.

“I’m happy to have handled her level today.”

Australia captain Alicia Molik praised Stosur’s performance but also hinted that she may change her lineup for the reverse singles on Sunday, depending on how the 35-year-old recovers.

Australia are attempting to reach their first Fed Cup final since 1993. They have not won the title since 1974.

Belarus were beaten 3-2 by the United States in their only Fed Cup final appearance in Minsk in 2017.

(Reporting by Greg Stutchbury in Wellington; Editing by Sudipto Ganguly)

Source: OANN

0 0

Man accused of driving car that hit 9-year-old girl arrested

Police have arrested a man they say was driving the car that hit and seriously injured a 9-year-old girl playing in her front yard in suburban Atlanta.

News outlets report that 28-year-old Gabriel Jabri Fordham surrendered to police Tuesday evening. Fordham faces charges including hit and run and serious injury by vehicle, in the crash Friday that left LaDerihanna Holmes with a fractured skull and broken pelvis.

But Fordham's attorney Ryan Williams told WSB-TV his client was trying to fight off a carjacker when the crash happened. Williams said Fordham and his girlfriend, who owns the car, contacted police the day of the crash and had been working to negotiate a surrender.

Dramatic security camera video shows the car careening across the front yard in Lithonia and hitting the girl.

Source: Fox News National

0 0

The Latest: Methodist conference rejects same-sex marriage

The Latest on The United Methodist Church's deliberations on LGBT inclusion (all times local):

5:30 p.m.

Delegates to a crucial conference of The United Methodist Church, America's second-largest Protestant denomination, have rejected a move to ease the faith's ban on same-sex marriage and ordination of LGBT clergy.

Some supporters of greater LGBT inclusion were in tears, while others vented their anger after delegates, on a 449-374 vote, defeated a proposal that would have let regional and local church bodies decide for themselves on gay-friendly policies.

Methodist pastor Rebecca Wilson of Detroit, who is gay, says she is devastated by the vote.

___

11 a.m.

The United Methodist Church teetered on the brink of breakup Monday after more than half the delegates at an international conference voted to maintain bans on same-sex weddings and ordination of gay clergy.

Their favored plan, if formally approved, could drive supporters of LGBT inclusion to leave America's second-largest Protestant denomination.

A final vote on rival plans for the church's future won't come until Tuesday's closing session, and the outcome remains uncertain. But the preliminary vote Monday showed that the Traditional Plan, which calls for keeping the LGBT bans and enforcing them more strictly, had the support of 56 percent of the more than 800 delegates attending the three-day conference in St. Louis.

.

Source: Fox News National

0 0

Operation Gender-Snip: Government Hormone Experiments on Children

Super Male Vitality

Limited Advanced Release

69.95

31.47

The all new and advanced Super Male Vitality formula uses the newest extraction technology with even more powerful concentrations of various herbs and extracts designed to be even stronger.

https://www.infowars.com/wp-content/uploads/2016/02/smv-200.jpg

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

Super Male Vitality

69.95

31.47

The all new and advanced Super Male Vitality formula uses the newest extraction technology with even more powerful concentrations of various herbs and extracts designed to be even stronger.

https://www.infowars.com/wp-content/uploads/2016/02/smv-200.jpg

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

Brain Force Plus

39.95

15.98

Flip the switch and supercharge your state of mind with the all-new Brain Force PLUS: 20% more capsules and a critically enhanced formula featuring a brand new ingredient and increased potency* – all for the same low price.

https://www.infowars.com/wp-content/uploads/2016/02/bf-300-1.jpg

https://www.infowarsstore.com/brain-force.html?ims=bnlem&utm_campaign=IW+-+Brain+Force+-STFA+-+60%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-BrainForce-60%25off-Widget

https://www.infowarsstore.com/brain-force.html?ims=bnlem&utm_campaign=IW+-+Brain+Force+-STFA+-+60%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-BrainForce-60%25off-Widget

DNA Force Plus

149.95

59.80

With one of our most advanced formulas yet, DNA Force Plus is finally here. Focusing on overhauling your body's cellular engines and protecting them from reactive oxygen species, DNA Force Plus has one of the best combinations of antioxidants on the market.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=xxqxg&utm_campaign=DNA+Force+Plus+-+STFA+Ending+Soon+-+60%25+Off+&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-DNAFP-Widget-60%25off-STFA

https://www.infowarsstore.com/dna-force-plus.html?ims=xxqxg&utm_campaign=DNA+Force+Plus+-+STFA+Ending+Soon+-+60%25+Off+&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-DNAFP-Widget-60%25off-STFA

DNA Force Plus

149.95

59.80

With one of our most advanced formulas yet, DNA Force Plus is finally here. Focusing on overhauling your body's cellular engines and protecting them from reactive oxygen species, DNA Force Plus has one of the best combinations of antioxidants on the market.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=xxqxg&utm_campaign=DNA+Force+Plus+-+STFA+Ending+Soon+-+60%25+Off+&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-DNAFP-Widget-60%25off-STFA

https://www.infowarsstore.com/dna-force-plus.html?ims=xxqxg&utm_campaign=DNA+Force+Plus+-+STFA+Ending+Soon+-+60%25+Off+&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-DNAFP-Widget-60%25off-STFA

DNA Force Plus

149.95

59.80

With one of our most advanced formulas yet, DNA Force Plus is finally here. Focusing on overhauling your body's cellular engines and protecting them from reactive oxygen species, DNA Force Plus has one of the best combinations of antioxidants on the market.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=xxqxg&utm_campaign=DNA+Force+Plus+-+STFA+Ending+Soon+-+60%25+Off+&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-DNAFP-Widget-60%25off-STFA

https://www.infowarsstore.com/dna-force-plus.html?ims=xxqxg&utm_campaign=DNA+Force+Plus+-+STFA+Ending+Soon+-+60%25+Off+&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-DNAFP-Widget-60%25off-STFA

Source: InfoWars

0 0

Trump administration sidelines offshore drilling plan: WSJ

FILE PHOTO: Former energy lobbyist David Bernhardt testifies before a Senate Energy and Natural Resources Committee
FILE PHOTO: Former energy lobbyist David Bernhardt testifies before a Senate Energy and Natural Resources Committee hearing on his nomination of to be Interior secretary, on Capitol Hill in Washington, U.S., March 28, 2019. REUTERS/Yuri Gripas/File Photo

April 25, 2019

WASHINGTON (Reuters) – The Trump administration will hold off on issuing its plan to expand offshore drilling as it weighs what to do after a March court ruling that blocked drilling in the Arctic and Atlantic, Interior Secretary David Bernhardt told the Wall Street Journal.

The newly confirmed secretary said the agency’s five year plan for oil and gas drilling on the Outer Continental Shelf would be sidelined indefinitely as it waits for the case to go through the appeals process.

“By the time the court rules, that may be discombobulating to our plan,” Bernhardt told The Wall Street Journal.

(Reporting by Valerie Volcovici)

Source: OANN

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



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

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
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

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

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

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
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

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
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

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist