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Bill de Blasio says Green New Deal will ban ‘inefficient’ steel and glass skyscrapers

If the Big Apple is to become the Green Apple, it will have to ban the steel and glass towers that form its signature skyline, according to Mayor Bill de Blasio.

De Blasio, speaking on MSNBC’s “Morning Joe” said that city’s most iconic structures – the tall skyscrapers seen from miles away – are the “biggest source of emissions” in New York City. The drastic change, and a switch to only renewable energy within five years, are necessary for Gotham to embrace the Green New Deal, de Blasio said.

“We are putting clear, strong mandates” to lower emissions, he said, warning property owners will face massive fines unless buildings are retrofitted.

OCASIO-CORTEZ IMPERSONATOR, 8, TAKES ON GREEN NEW DEAL, SOCIALISM IN ADORABLE TWITTER VIDEO

“The first of any major city on the Earth to say to building owners, ‘you've got to clean up your act, you've got to retrofit, you've got to save energy,’” he said. “If you don’t do it by 2030 there will be serious fines, as high as $1 million or more for the biggest buildings.”

He continued: “We’re going to ban the classic glass and steel skyscrapers, which are incredibly inefficient. If someone wants to build one of those things they can take a whole lot of steps to make it energy efficient, but we’re not going to allow what we used to see in the past.

De Blasio said private building owners will be required to slash their emissions by 30 percent by 2030.

In the same conversation that he was touting renewable energy and reducing emissions, de Blasio also defended his use of a gas-guzzling SUV for his daily 11-mile trips from Gracie Mansion to his Brooklyn gym.

“Let’s make clear, this is just a part of my life,” he said. “I come from that neighborhood in Brooklyn. That’s my home. I go there on a regular basis to stay connected to where I come from and not be in a bubble that I think for a lot of politicians is a huge problem.”

The Green New Deal, championed by fellow New Yorker, Rep. Alexandria Ocasio-Cortez in Washington, is a radical measure that called for a massive overhaul of the nation’s economy and energy use to cut emissions.

The deal calls for the U.S. to shift away from fossil fuels such as oil and coal and replace them with renewable sources such as wind and solar power. It also calls for the virtual elimination of greenhouse gas emissions responsible for global warming by 2030.

It is estimated to cost up to $93 trillion, or $600,000 per household, according to studies.

Republicans have railed against the proposal, saying it would devastate the economy and trigger massive tax increases. A test vote on the proposal recently failed in the Senate with no senator voting to begin debate on the legislation.

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Later Monday – which is also Earth Day – de Blasio held a press conference to introduce further his $14 billion plan, called “OneNYC 2050: Building a Strong and Fair City.”

He called it a new comprehensive plan to “prepare our city for the future.”

“Every day we wait is a day our planet gets closer to the point of no-return. New York City’s Green New Deal meets that reality head on,” he said. “We are confronting the same interests that created the climate crisis and deepened inequality. There’s no time to waste. We’re taking action now, before it’s too late.”

Under his Green New Deal, de Blasio said the city is committing to carbon neutrality by 2050 and 100 percent clean electricity, including hydropower.

Fox News' Samuel Chamberlain contributed to this report.

Source: Fox News Politics

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Kim Jong Un arrives in Vietnam for 2nd nuclear summit with Trump

North Korean leader Kim Jong Un arrived by armored train at Vietnam's Dong Dang railway station on the China-Vietnam border on Tuesday for his second nuclear summit with President Trump.

Press reports speculate that Kim will be driven to Hanoi ahead of his Wednesday meeting with Trump. Officials shared no details about the specifics of a summit that the world will be watching closely.

Trump was flying to Hanoi from Washington.

Kim’s arrival, after a long ride that started in Pyongyang and wound through China, comes as Vietnamese officials scramble to finish preparations for a rushed summit that’s meant to deal with one of Asia’s biggest security challenges: North Korea’s pursuit of a nuclear program that stands on the verge of viably threatening any target on the planet.

TRUMP, KIM’S VIETNAM SUMMIT JOINS LONG LIST OF KEY MOMENTS BETWEEN WORLD LEADERS: A TIMELINE

Although many experts are skeptical Kim will give up the nukes, there was a palpable, carnival-like excitement among many in Hanoi as the final preparations were made.

Officials in Hanoi said they only had about 10 days to prepare for the summit — much less than the nearly two months Singapore had before the first Trump-Kim meeting last year— but still vowed to provide airtight security for the two leaders.

“Security will be at the maximum level,” Vietnamese Deputy Minister of Foreign Affairs Le Hoai Trung told reporters.

The ultra-tight security will be appreciated by North Korean authorities, who are extremely vigilant about the safety of Kim, the third member of his family to rule the North with absolute power. Kim’s decision to take a train, not a plane, may have been influenced by the better ability to control security.

Vietnam is eager to show off its huge economic and development improvements since the destruction of the Vietnam War, but the country also tolerates no dissent and is able to provide the kind of firm hand not allowed by more democratic potential hosts.

Vietnam has announced an unprecedented traffic ban along a possible arrival route for Kim. The Communist Party’s Nhan Dan newspaper quoted the Roads Department as saying the ban will affect the 105-mile stretch of Highway One from Dong Dang, on the border with China, to Hanoi.

There are high expectations for the Hanoi summit after a vague declaration at the first meeting in June in Singapore that disappointed many.

KIM JONG UN’S TRAIN TRAVEL TO VIETNAM HIDDEN BY CHINESE CENSORS

In a meeting with senior aides in Seoul, South Korean President Moon Jae-in said that the Trump-Kim talks would be a critical opportunity to achieve peace on the Korean Peninsula.

Moon, who met Kim three times last year and has lobbied hard to revive nuclear diplomacy between the U.S. and North Korea, is eager for a breakthrough that would allow him to push ambitious plans for inter-Korean engagement, including lucrative joint economic projects that are held back by U.S.-led sanctions against the North.

“If President Trump succeeds in dissolving the world’s last remaining Cold War rivalry, it will become yet another great feat that will be indelibly recorded in world history,” Moon said.

Trump, via Twitter, has worked to temper those expectations, predicting before leaving for Hanoi a “continuation of the progress” made in Singapore but adding a tantalizing nod to “Denuclearization?” He also said that Kim knows that “without nuclear weapons, his country could fast become one of the great economic powers anywhere in the World.”

North Korea has spent decades, at great political and economic sacrifice, building its nuclear program, and there is widespread skepticism among experts that it will give away that program cheaply.

The Associated Press contributed to this report.

Source: Fox News World

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Fed to raise interest rates once more in third quarter, then done: Reuters poll

Federal Reserve Board Chairman Jerome Powell holds a news conference after a Federal Open Market Committee meeting in Washington
FILE PHOTO: Federal Reserve Board Chairman Jerome Powell speaks during his news conference after a Federal Open Market Committee meeting in Washington, U.S., December 19, 2018. REUTERS/Yuri Gripas

March 15, 2019

By Rahul Karunakar

BENGALURU (Reuters) – The U.S. Federal Reserve will remain patient for a little longer than thought just last month, waiting until the third quarter before raising rates once more, and then stay on the sidelines, a Reuters poll of economists showed.

That comes on the heels of a similar Reuters survey which concluded there is a significant risk the European Central Bank goes into the next economic downturn without having raised interest rates at all.

The latest poll of over 100 economists taken March 11-14 also lines up with recent remarks from Fed Chair Jerome Powell, who said the central bank does “not feel any hurry” to change rates again.

But with growth due to slow over the next three years and the Fed’s preferred measure of inflation not expected to show any significant pick up, an increasing number of economists have turned dovish on the U.S. interest rate outlook.

“The Fed is…not in a hurry to raise its target rate again anytime soon,” noted Harm Bandholz, chief U.S. economist at Unicredit. “Accordingly, we have taken the possibility of a June hike off the table. While the Fed may be eyeing a later rise, we continue to expect that the window of opportunity will close in the second half of the year.”

While economists polled unanimously expect the Fed to keep rates unchanged at its March 19-20 meeting, 55 percent of them said it will have hiked at least once by end-September, when the median suggests it will be 25 basis points higher at 2.50-2.75 percent.

Just last month, the consensus predicted a hike in the second quarter.

The latest poll also showed an increasing number of economists predicting no further rate hikes. Financial markets have also priced out further rate rises.

“We no longer expect any rate hike this year…(and) we doubt that the economic data will be strong enough to build a case for a re-start of the hiking cycle,” said Philip Marey, senior U.S. strategist at Rabobank.

Over one-quarter of respondents who provided forecasts going all the way out to end-2020 predicted the Fed would have cut rates at least once by then, including two who forecast that to happen as soon as the third quarter of this year.

U.S. gross domestic product (GDP) is forecast to expand at an annualized rate of 1.6 percent this quarter, down from the 2.6 percent in the previous quarter and a cut from 1.9 percent predicted last month.

GDP growth is then forecast in a 2.0-2.5 percent range throughout 2019, slowing to 1.8 percent by mid-2020, according to the consensus.

But the median probability of a U.S. recession in the next 12 months held stable compared with February at 25 percent, with the chances of a recession in the next two years steady at 40 percent.

“The Fed is normally one of the major factors in recession (and so) we just think they will be very careful here,” said Ethan Harris, head of global economics at Bank of America Merrill Lynch.

“We don’t have factors that have been associated with every modern recession in the U.S.,” he said. “It has to be something big, like a major escalation in the trade war causing a freezing up of business investment, a big sell-off in the equity market. That would probably be enough to create a recession.”

(Analysis and polling by Sujith Pai, Tushar Goenka and Anisha Sheth; additional reporting by Manjul Paul and Sujith Pai; Editing by Ross Finley and Chizu Nomiyama)

Source: OANN

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Morgan Stanley quarterly profit falls 9 percent

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York
FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York, U.S. April 17, 2017. REUTERS/Shannon Stapleton

April 17, 2019

(Reuters) – Morgan Stanley reported a 9 percent drop in quarterly profit on Wednesday as equities and bond trading fell due to low market volatility.

The bank said earnings attributable to common shareholders fell to $2.34 billion, or $1.39 per share, in the first quarter ended March 31, from $2.58 billion, or $1.45 per share, a year ago. https://mgstn.ly/2vaVd4I

On an adjusted basis, the company earned $1.33 per share.

Analysts were looking for a profit of $1.17 per share, according to IBES data from Refinitiv, although it was not clear if the numbers were comparable.

(Reporting By Aparajita Saxena in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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Red Cross visits to Venezuela jails include military prisons

The International Committee of the Red Cross has regained access to prisons in Venezuela, including highly guarded military facilities where dozens of inmates considered political prisoners are being held, as President Nicolas Maduro seeks to counter mounting criticism of his government's human rights record.

The fact that the visits include military prisons, which hadn't been previously reported, was confirmed to The Associated Press by a human rights lawyer and family members of those detained.

International Red Cross President Peter Maurer on Wednesday wraps up a five-day visit to Venezuela, where the Geneva-based group is among international organizations trying to carve out a space to deliver badly needed humanitarian aid and technical assistance free of the winner-take-all politics contributing to the country's turmoil.

Red Cross representatives visit prisons every year in more than 100 countries, following an established protocol allowing it to verify conditions of confinement and hold private conversations with inmates in which they can voice complaints and send messages to loved ones.

But the group had been denied access in Venezuela at least since 2012.

The renewed visits in Venezuela began March 11 when a Red Cross delegation visited a model prison in Caracas, the Simon Bolivar Center for the Formation of New Men. Eighty-seven foreigners are being held.

But more significant was the visit two weeks later to the military-run Ramo Verde prison outside Caracas, which holds 69 people the opposition considers political prisoners.

Sandra Hernandez, whose husband, Sgt. Luis Figueroa, has been jailed at Ramo Verde since January for leading a military uprising against Maduro, was present last week when a white-colored vehicle emblazoned with the international Red Cross' logo pulled up to the prison entrance.

She was there for her once-a-week visit, delivering basic staples — pasta, rice and cheese — that have become harder to afford since she was fired from her $7-a-month job as a teacher in what she said was retaliation for her husband's opposition to the government.

She said that if not for remittances sent by a relative in Spain, her husband could starve on the scant rations provided by prison authorities.

While her husband told her he wasn't among the small group of prisoners allowed to speak with the Red Cross representatives, she was hopeful the visit would help improve dire conditions for all inmates, many of whom she said are suffering from lack of medical attention and claim to have been tortured. The AP was unable to independently verify those claims.

"It's very important they talk to prisoners and see firsthand what's happening inside," she said.

Red Cross officials declined to comment and the group has made little mention of the prison visits, saying only in a Tweet that it had begun visiting jails under the auspices of civilian penitentiary authorities. It made no mention of the visits to the military-run facilities. The organization commonly avoids describing such visits except in a "confidential dialogue" with officials

Prisons Minister Iris Varela has said the visit to the civilian facility, and others to come, were part of an effort to share with the world Venezuela's positive experience rehabilitating inmates.

Left unsaid by both sides was that the Red Cross had also secured access to military detention facilities.

The majority of people held at the Ramo Verde are military personnel accused of plotting to overthrow Maduro. Many more, including five oil executives with U.S. passports, are being held in the basement jail of the military counterintelligence headquarters in the capital.

"This is an important first step, but make no mistake, it's also an attempt by Maduro to gain legitimacy with the international community," said Alfredo Romero, a human rights lawyer who was told of the Red Cross visit by prison workers when trying to visit clients at Ramo Verde. "It's not in itself going to change the government's willingness to improve conditions."

A senior government official played down the significance of the Red Cross visits, describing them as part of a broader push to work more closely with several international agencies, including the World Food Program and the Pan American Health Organization. The official spoke on condition of anonymity due to lack of authorization to discuss those talks publicly.

The international Red Cross' sister organization, the International Federation of Red Cross and Red Crescent Societies, recently said it had received a waiver from Maduro to deliver aid to some 650,000 people in Venezuela beginning this month. Maduro has long denied a humanitarian crisis, considering aid offers a "Trojan horse" to pave the way for a foreign military intervention.

Similarly, opposition leader Juan Guaidó, who is recognized by 50 nations as Venezuela's rightful leader, has tried to control the distribution of U.S.-supplied aid in a bid to weaken Maduro's grip on power.

In another attempt to counter growing criticism, Maduro last month welcomed a delegation sent by the United Nations' High Commissioner for Human Rights. He previously had called such visits a politically biased threat to Venezuela's sovereignty.

___

Associated Press writer Joshua Goodman reported this story in Caracas and AP writer Jamey Keaten reported from Geneva.

Source: Fox News World

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Blown away by innovation or price? Samsung’s foldable phone opens up debate

The Samsung Galaxy Fold phone is shown on a screen at Samsung Electronics Co Ltd’s Unpacked event in San Francisco
The Samsung Galaxy Fold phone is shown on a screen at Samsung Electronics Co Ltd’s Unpacked event in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis

February 21, 2019

(Reuters) – Samsung Electronics Co Ltd has wowed the smartphone industry with the first mainstream foldable screen, accompanied by a nearly $2,000 price tag that generated heated debate as to whether it may prove too expensive to revive slumping sales.

The South Korean tech giant unveiled the Galaxy Fold which resembles a conventional smartphone, but which opens like a book to reveal a second display the size of a small tablet at 18.5 cm (7.3 inches). It will go on sale on April 26.

At its launch event in San Francisco on Wednesday, Samsung upped the surprise factor by briefing analysts and journalists on widely anticipated aspects ahead of time, such as 5G versions of its existing top-end Galaxy S phones.

The unveiling of the foldable device came as a shock to many in the auditorium.

“I am blown away,” said Patrick Moorhead of Moor Insights & Strategy, adding the phone could help Samsung rejuvenate its mobile business, whose lead is under attack from China’s Huawei Technologies Co Ltd.

“I believe you can innovate your way out of a mature market,” he said, noting that when Apple Inc launched the iPhone in 2007, most industry watchers believed the market had matured for $100 “candy bar” phones without touch screens.

Bob O’Donnell of TECHanalysis Research said the work Samsung had done with Facebook Inc, Alphabet Inc’s Google and Microsoft Corp to adapt applications to the new screen was important.

He said though Samsung had teased the folding phone before, “to see it in action, to see the software – I was like, Wow. It’s hugely important that the software experience be good.”

The phone, which can operate three apps simultaneously and boasts six cameras, also challenges the notion of what a phone can cost, debuting at nearly twice the price of current top-of-the-line models from Apple and Samsung itself.

“Due to price, it’s likely to be sold mainly to early adopters. Prices are key to expanding sales,” said former Samsung mobile executive Kim Yong-serk, who is now a professor at Sungkyunkwan University in Korea.

“It will help Samsung burnish an image as an innovative company, but it is unlikely to be profitable. I expect Apple to wait say for one year and come up with foldable phones with more features, as they did with the smartwatch,” he said.

Brokerage Hana Investment & Securities expects Samsung to sell 2 million foldable phones this year, with the price keeping the volume relatively low, while another brokerage expects shipments to reach 1 million. That would be less than one percent of the 291 million smartphones Samsung sold last year.

Online, social media users were divided over the price, the features, and whether consumers would even need such a phone.

“Innovative? Sure. Needed? Not sure. 6 cameras, 2 screens and 2 batteries at $1980?!?,” wrote Twitter user @JackPhan.

Reddit user AmazedCoder took a more positive view.

“The fact that people are only complaining about the price should tell you that a lot of people actually want this, but can’t get it. Second gen of this thing is gonna sell like hotcakes.”

While most analysts expect Apple to wait until 2020 to match the foldable phone, Samsung has set new price standards in the premium category as it seeks to revive consumer interest in an industry which posted its first-ever sales decline last year.

“$1980 dollar for a #galaxyfold no thanks… watch…now the next iPhone will be $1999,” Twitter user @zollotech said.

(Reporting by Stephen Nellis in SAN FRANCISCO, Hyunjoo Jin in SEOUL and Ambar Warrick in BENGALURU; Writing by Miyoung Kim; Editing by Christopher Cushing)

Source: OANN

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Bernie Sanders’ Campaign Brings in $18.2M in First Quarter

Sen. Bernie Sanders, I-Vt., hauled in $18.2 million in the first quarter of 2019 for his presidential run, The Hill is reporting.

In just the first 24 hours of his 2020 campaign Sanders had brought in $5.9 million. The Hill noted by the end of the first week, Sanders already had collected $10 million.

The first quarter fundraising was fueled by about 900,000 individual donations, averaging about $20, said Faiz Shakir, campaign manager. The average age of donors was under 39 years old, he said.

Sanders already is expanding his campaign operations in key early-voting states, according to Jeff Weaver, a senior adviser to the candidate.

“These resources are going to allow us to compete on all levels in all of the Super Tuesday states,” Weaver said.

“While we had to in 2016 make choices about where we could compete…this campaign will have the resources and the volunteer grassroots strength to compete in every state in the primary process."

By comparison, South Bend, Ind. Mayor Pete Buttigieg said his campaign has brought in over $7 million during the first quarter, while Sen. Kamala Harris, D-Calif., has collected $12 million.

The Hill noted Sanders, Buttigieg and Harris are the only three to announce their first quarter fundraising figures so far.

Source: NewsMax Politics

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul
Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul, Afghanistan April 26, 2019. REUTERS/Omar Sobhani

April 26, 2019

By Rupam Jain and Hameed Farzad

KABUL (Reuters) – Afghan President Ashraf Ghani encouraged newly-elected lawmakers to participate in the peace process with the Taliban as he opened on Friday the first session of parliament since a controversial election.

Ghani has invited thousands of politicians, religious scholars and rights activists to an assembly known as a loya jirga next week to discuss ways to end the 17-year war.

Several opposition leaders have said they will boycott the four-day assembly in Kabul, saying it was pulled together without their input and is being used by Ghani as he seeks a second term in a September presidential election.

“We have presented the peace plan on a regular basis and we are committed to it,” Ghani said in the first session since parliamentary elections marred by technical problems, militant attacks and accusations of voting fraud last year.

“Based on this plan, there will be no peace deal and negotiation that does not have the green card of the parliament,” he added.

Officials from the United States and the Taliban have held several rounds of talks to end the Afghan war.

U.S. negotiator, Zalmay Khalilzad, has reported some progress toward an accord on a U.S. troop withdrawal and on how the Taliban would prevent extremists from using Afghanistan to launch attacks as al Qaeda did on Sept. 11, 2001.

The insurgents have so far rejected U.S. demands for a ceasefire and talks on the country’s political future that would include Afghan government officials.

The loya jirga, a centuries-old institution used to build consensus among competing tribes, factions and ethnic groups, is an attempt by Ghani to influence the peace talks and cement his position for a second term, Afghan politicians and Western diplomats say.

Amid growing political divisions in Kabul, opposition politicians have demanded that Ghani step down when his mandate ends next month, and give way to an interim government to oversee peace talks with the Taliban. Ghani has ruled that out.

The country’s top court said last week Ghani can stay in office until the presidential election in September.

(Reporting by Hameed Farzad, Rupam Jain, Editing by Darren Schuettler)

Source: OANN

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Deputy Attorney General Rod Rosenstein Thursday defended special counsel Robert Mueller’s investigation while slamming former President Barack Obama’s administration for being slow to take action on Russian interference in U.S. elections and ex-FBI Director James Comey for telling Congress the agency was investigating collusion between the Trump campaign and Russia.

“Our nation is safer, elections are more secure, and citizens are better informed about covert foreign influence schemes,” Rosenstein said in a speech to the Armenian Bar Association, marking his first public remarks after the Mueller report was released, reports CBS News.

He also pointed out that the investigation revealed a pattern of computer hacking and the use of social media to undermine elections as “only the tip of the iceberg of a comprehensive Russian strategy to influence elections, promote social discord, and undermine America, just like they do in many other countries,” reports The Wall Street Journal.

The Obama administration also made “critical decisions,” including choosing not to publicize the full story about Russian hackers and social media trolling, “and how they relate to a broader strategy to undermine America,” said Rosenstein.

He noted that the Mueller probe began after Comey disclosed during a hearing before Congress that President Donald Trump “pressured him to close the investigation and the president denied that the conversation occurred.”

Rosenstein said two years ago, when he was confirmed, he was told by a Republican senator that he would be in charge of the probe and that he’d report the results to the American people.

However, he said he didn’t promise to do that, because it is “not our job to render conclusive factual findings. We just decide whether it is appropriate to file criminal charges.”

Source: NewsMax Politics

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FILE PHOTO: The Huawei logo is pictured outside its Huawei's factory campus in Dongguan, Guangdong province
FILE PHOTO: The Huawei logo is pictured outside its Huawei’s factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Ben Blanchard

BEIJING (Reuters) – Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China’s Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

News that Britain’s National Security Council, attended by senior ministers and spy chiefs, had agreed on Tuesday to bar Huawei from all core parts of the country’s 5G network and restrict its access to non-core elements was leaked to a national newspaper.

The leak of secret discussions has sparked anger in parliament and amongst Britain’s intelligence community. Britain’s most senior civil servant Mark Sedwill has launched an inquiry and written to ministers who were at the meeting.

“My understanding from London (is) that an investigation has been announced into apparent leaks from the NSC meeting earlier this week,” said Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing.

“To my knowledge there has never been a leak from a National Security Council meeting before and therefore I think it is very important that we get to the bottom of what happened here,” he told Reuters in a pooled interview.

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation. The majority of the ministers at the NSC meeting have said they were not involved, according to media reports.

Hammond said he was unaware of any previous leak from a meeting of the NSC.

“It’s not about the substance of what was apparently leaked. It’s not earth-shattering information. But it is important that we protect the principle that nothing that goes on in national security council meetings must ever be repeated outside the room.”

Allowing Huawei a reduced role in building its 5G network puts Britain at odds with the United States which has told allies not to use its technology at all because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

There have been concerns that the NSC’s conclusion, which sources confirmed to Reuters, could upset other allies in the world’s leading intelligence-sharing network – the Five Eyes alliance of the United States, Britain, Australia, Canada and New Zealand.

However, British ministers and intelligence officials have said any final decision on 5G would not put critical national infrastructure at risk. Ciaran Martin, head of the cyber center of Britain’s main eavesdropping agency, GCHQ, played down any threat of a rift in the Five Eyes alliance.

(Writing by Michael Holden; Editing by Mark Heinrich)

Source: OANN

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