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Argentina inflation rate will slow to about 34 percent this year: OECD

FILE PHOTO: Employee stands as he operates a machine at industrial manufacturing company Gottert in Garin
FILE PHOTO: An employee stands as he operates a machine at industrial manufacturing company Gottert in Garin, on the outskirts of Buenos Aires, Argentina November 1, 2018. REUTERS/Marcos Brindicci

March 27, 2019

BUENOS AIRES (Reuters) – The Organization for Economic Cooperation and Development (OECD) estimates that Argentina’s inflation rate will slow to about 34 percent in 2019, an agency official said in Buenos Aires on Wednesday.

The OECD’s prediction was higher than the most recent central bank poll of economists, who predicted 2019 inflation of 31.9 percent.

Argentina, the third-largest economy in the region, recorded inflation of nearly 48 percent in 2018 as a result of a sharp devaluation of its peso currency <ARS = RASL>.

The central bank imposed a restriction of zero growth in the monetary base last year. Alvaro Santos Pereira of the OECD told a news conference on Wednesday that the policy will result in the deceleration of inflation.

Argentina’s central bank has signaled a more hawkish stance over the last month, looking to tighten monetary policy in order to tame inflation and protect the peso, which analysts said should limit the recent weakness.

The OECD also estimated that Argentina’s economy will begin growing again in the second half of the year, following a 2.5 percent dip in gross domestic product (GDP) in 2018. It also predicted GDP growth of 2.3 percent in 2020.

President Mauricio Macri negotiated a $56.3 billion standby financing deal with the International Monetary Fund last year. The agreement requires his government to erase its primary fiscal deficit.

(Reporting by Eliana Raszewski in Buenos Aires; Writing by Cassandra Garrison; Editing by Matthew Lewis)

Source: OANN

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Withdrawal of 1,000 Burundian soldiers from Somalia begins

An official in Burundi says the withdrawal of 1,000 Burundian soldiers from the African Union regional force in Somalia has begun.

The military official in Burundi, who insisted on anonymity because he is not authorized to speak to the press, said Thursday that about 200 soldiers boarded a flight from Somalia to Burundi's capital, Bujumbura, in the afternoon.

More soldiers are expected to be flown back from Burundi in the coming weeks.

The African Union says it plans to withdraw the 21,500 troops that it has in Somalia by the end of 2020. The AU force, made up of soldiers from several African countries, has for years tried to secure the Horn of Africa country against the Islamic extremist rebels of al-Shabab.

Source: Fox News World

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Mueller Report Reveals Treasonous Dems

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U.S. Senator Bernie Sanders against increasing number of Supreme Court justices

FILE PHOTO: U.S. 2020 Democratic presidential candidate Senator Bernie Sanders participates in a moderated discussion at the We the People Summit in Washington
FILE PHOTO: U.S. 2020 Democratic presidential candidate Senator Bernie Sanders participates in a moderated discussion at the We the People Summit in Washington, U.S., April 1, 2019. REUTERS/Carlos Barria/File Photo

April 1, 2019

By Ginger Gibson

WASHINGTON (Reuters) – U.S. Senator Bernie Sanders is against expanding the nine-member Supreme Court, a proposal some liberal activists have advocated to effectively reverse President Donald Trump’s appointment of conservative judges.

“My worry is that the next time the Republicans are in power they will do the same thing, I think that is not the ultimate solution,” Sanders said in response to a question at a forum on Monday organized by public employee unions and other liberal groups.

Sanders said he would consider proposals that created term limits for Supreme Court justices or would rotate judges between the highest court and the lower-level appeals courts.

Trump has also ruled out expanding the number of judges ahead of the election.

Trump appointed conservative Justices Brett Kavanaugh and Neil Gorsuch to the court since taking office in 2017, cementing its 5-4 conservative majority. Supreme Court justices are appointed for lifetime terms, and both his appointees potentially could serve for decades.

In response to Trump’s appointments, a handful of liberal activists have argued that if Democrats win the White House in the November 2020 presidential election, they should expand the number of Supreme Court justices to tip the balance of control toward liberals.

When asked, some candidates seeking the 2020 Democratic presidential nomination have said they would consider adding more justices to the court or other reforms. However, they have not made it a central part of their policy proposals, and other Democrats have opposed such an idea.

Long-shot liberal candidate Pete Buttigieg has mentioned a Supreme Court composed of 15 justices coupled with other reforms that would ensure partisan parity.

When Trump was elected in 2016, there was a court vacancy because of the death of conservative Justice Antonin Scalia and the Republican-led Senate’s refusal to consider Democratic President Barack Obama’s nominee Merrick Garland.

Some Democrats have accused Republicans of “stealing” a seat, pointing to Senate Majority Leader Mitch McConnell’s move to block consideration of Garland and keep the position vacant until the following year so the next president could make the appointment. McConnell’s action, with little precedent in U.S. history, enabled Trump to nominate Gorsuch in 2017, with the Republican-led Senate voting to confirm him.

Expanding the court – by either party – would be difficult.

Democratic President Franklin Roosevelt in 1937 proposed expanding it to as many as 15 justices. Critics accused him of a “court-packing” scheme aimed at changing its ideological composition. The proposal went nowhere in Congress.

(Reporting by Ginger Gibson; Editing by Phil Berlowitz)

Source: OANN

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Former top prosecutor to run for president in Guatemala

A prominent former Guatemalan prosecutor was nominated Sunday to run for president by the Seed Movement party.

Sixty-three-year-old Thelma Aldana was Guatemala's top prosecutor from 2014 to 2018. During that time, she jailed then-President Otto Perez Molina and most of his Cabinet on corruption charges. Perez Molina resigned in 2015.

Prosecutors said last week that they have opened a corruption investigation into Aldana. If she is arrested or charged, it could effectively prevent her from running in the June election.

Prosecution spokeswoman Julia Barrera said the investigation was related to a case of irregular hiring of personnel.

Source: Fox News World

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Government’s Android Spy: Google Sensorvault

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‘Smallville’ actress Allison Mack pleads guilty in sex cult case

Actress Allison Mack departs the Brooklyn Federal Courthouse after facing charges regarding sex trafficking and racketeering related to the Nxivm cult case in New York
Actress Allison Mack departs the Brooklyn Federal Courthouse after facing charges regarding sex trafficking and racketeering related to the Nxivm cult case in New York, U.S., April 8, 2019. REUTERS/Shannon Stapleton

April 8, 2019

By Brendan Pierson

NEW YORK (Reuters) – “Smallville” actress Allison Mack on Monday pleaded guilty to blackmailing two women as part of an alleged New York sex cult that prosecutors called a racketeering operation that carried out sex trafficking and other crimes.

Mack, 36, entered her plea to racketeering and conspiracy charges before U.S. District Judge Nicholas Garaufis in Brooklyn federal court, admitting that she coerced the two unnamed women unto performing services by threatening to release damaging information about them.

Fighting back tears, Mack said she had joined the organization, led by self-described spiritual guide Keith Raniere, a decade ago to find purpose in life.

“Through it all, I believed that Keith Raniere’s intentions were to help people,” she said. “I was wrong. I now realize that I and others engaged in criminal conduct.”

There was no mention at the plea hearing of any agreement by Mack to cooperate with prosecutors against Raniere, who is expected to go on trial later this month. Her lawyers declined to provide any further details about her plea deal.

Raniere, 58, was arrested on sex trafficking charges in March 2018, and is being held without bail. Mack was arrested the following month.

Prosecutors accused Raniere of running a cult-like secret society within his organization, Nxivm (pronounced “Nexium”), in which women were branded with his initials, put on extremely restrictive diets and forced to have sex with him.

Last month, prosecutors unsealed new charges accusing Raniere of sexually exploiting a minor and coercing her to produce child pornography.

Raniere has pleaded not guilty. Marc Agnifilo, one of his lawyers, declined to comment on the case after Monday’s hearing. Agnifilo has previously said that his client’s sexual encounters with women in the organization were consensual, and denied the child pornography charges.

Nxivm on its website calls itself “a community guided by humanitarian principles that seek to empower people and answer important questions about what it means to be human.”

“Smallville,” a television series that ran from 2001 to 2011, featured a young Clark Kent before he became famous as Superman. Mack played Chloe Sullivan, a close friend of the future Superman whose romantic feelings were not reciprocated.

(Reporting by Brendan Pierson in New York; Editing by Steve Orlofsky)

Source: OANN

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

April 26, 2019

By April Joyner

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Source: OANN

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Cyprus police on Friday widened their search for more victims of a suspected serial killer after the 35-year-old national guard captain told investigators he killed four more people that he previously admitted to on the small Mediterranean nation.

The count now has climbed to seven.

CYPRUS FEARS POSSIBLE SERIAL KILLER AFTER BODIES OF TWO WOMEN ARE DISCOVERED IN MINESHAFT

Authorities said they are focusing on a military firing range, a man-made lake and an abandoned mine about 20 miles west of the capital Nicosia.

Cypriot President Nicos Anastasiades expressed “deep sorrow and concern” at the slayings and said he shared the public’s revulsion at “murders that appear to have selectively targeted foreign women who are in our country to work.”

“Such instincts are contrary to our culture’s traditions and values,” he said in a statement from China, where he was on an official visit. He urged calm so police can complete their investigation.

The scale of the alleged crimes by a Cypriot National Guard captain has horrified the small nation of over a million people, where multiple killings are rare. Five British law enforcement officials — including a coroner, a psychiatrist and investigators who specialize in multiple homicides — have been dispatched to help with the investigation.

On Thursday, the 35-year-old suspect, who can’t yet be named because he hasn’t been formally charged, told investigators that he had killed four more people than he had previously admitted to. Police said the suspect will appear in court Saturday for another custody hearing.

Cypriot investigators and police officers search a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019. Police on the east Mediterranean island nation, along with the help of the fire service, are conducting the search Monday in the wake of last week's discovery of the bodies in the abandoned mineshaft and the disappearance of the six-year-old daughter of one of the victims. 

Cypriot investigators and police officers search a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019. Police on the east Mediterranean island nation, along with the help of the fire service, are conducting the search Monday in the wake of last week’s discovery of the bodies in the abandoned mineshaft and the disappearance of the six-year-old daughter of one of the victims.  (AP)

The victims — all foreigners— include Marry Rose Tiburcio, 38, from the Philippines, whose bound body was found April 14 in a flooded mineshaft. She and her six-year-old daughter had been missing since May of last year.

The girl remains missing and authorities believe she was also slain by the suspect. Divers have entered the reservoir to search for her but have not found her body yet.

CYPRUS: GROUND NOT YET READY FOR PEACE TALKS RESUMPTION 

Authorities tracked down the officer last week by scouring Tiburcio’s online messages.

Six days later, police discovered another body April 20 in the same mineshaft, identified by Cypriot media as 28-year-old Arian Palanas Lozano, also from the Philippines.

A third alleged victim, also of Filipino descent, is 31-year-old Maricar Valtez Arquiola, who had been missing since December 2017. The suspect initially denied killing Arquiola but reversed himself after a court hearing Thursday, a police official said.

The suspect on Thursday also pointed investigators to a military firing range, where they discovered another unidentified body, which according to the suspect belongs to a woman of either Nepalese or Indian descent.

SERIAL KILLER WHO MAY HAVE COMMITTED 90 MURDERS IS LINKED TO YET ANOTHER KILLING 

Cypriot police are also looking for a Romanian mother and daughter. Cypriot media identified them as Livia Florentina Bunea, 36, and eight-year-old Elena Natalia Bunea, who are believed to have been missing since September 2016.

The man-made lake remains off-limits to a manned search because of high levels of toxic heavy metals from the copper pyrite mine, Fire Service Chief Marcos Trangolas said, adding that authorities will use other means to scour the lake.

Chief of Cypriot police Zacharias Chrysostomou, center, walks with Cypriot investigators and police officers at a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019.

Chief of Cypriot police Zacharias Chrysostomou, center, walks with Cypriot investigators and police officers at a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019. (AP Photo/Petros Karadjias)

Cyprus police have faced criticism from immigrant activists who said they didn’t act fast enough to investigate the whereabouts of some of the victims, many of them domestic workers. The island nation has 80 unsolved missing persons cases, going back to 1990.

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Police chief Zacharias Chrysostomou said a three-member panel has been assigned to probe whether police followed all the correct protocol in recent missing persons cases.

According to the state-run Cyprus News Agency, an investigator had told the court at an earlier hearing that the suspect admitted to killing one woman he met online after having sex with her.

The Associated Press contributed to this report. 

Source: Fox News World

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Venezuelan opposition lawmaker Gilber Caro is seen delivering a speech at a forum on human rights in Caracas
Venezuelan opposition lawmaker Gilber Caro is seen delivering a speech at a forum on human rights in Caracas, Venezuela June 12, 2018 in this still image taken from a video. REUTERS TV/ via REUTERS

April 26, 2019

CARACAS (Reuters) – Venezuela’s opposition-run National Assembly said on Friday that opposition lawmaker Gilber Caro was detained, which it described in a Twitter post as a violation of diplomatic immunity.

Caro had previously spend a year and a half in jail, before being freed in June 2018. The arrest comes as Juan Guaido, the National Assembly’s leader, mounts a challenge to President Nicolas Maduro, arguing his 2018 re-election was illegitimate. Guaido in January invoked the country’s constitution to assume an interim presidency.

(Reporting by Caracas newsroom; Editing by Chizu Nomiyama)

Source: OANN

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FILE PHOTO: Customers shop in a Sainsbury's store in Redhill
FILE PHOTO: Customers shop in a Sainsbury’s store in Redhill, Britain, March 27, 2018. REUTERS/Peter Nicholls/File Photo

April 26, 2019

By James Davey

LONDON (Reuters) – With Sainsbury’s dream of creating Britain’s biggest supermarket group in tatters, its chastened CEO Mike Coupe needs to reassure investors he has the plan to arrest a sales decline when he presents annual results next week.

Britain’s competition regulator blocked Sainsbury’s 7.3 billion pound ($9.4 billion) takeover of Walmart’s Asda on Thursday, saying the deal would increase prices. Sainsbury’s shares fell 5 percent and are down 22 percent over the last three months.

For Sainsbury’s fourth quarter to March 9 analysts are on average forecasting a 1.6 percent fall in like-for-like sales, which would follow 1.1 percent decline over the Christmas period.

Monthly industry data from researcher Kantar has also shown Sainsbury’s as the weakest performer of the big four grocers this year and this month it lost its status as Britain’s No. 2 supermarket group by market share to Asda.

While Sainsbury’s has struggled, market leader Tesco has gained momentum, this month reporting a 34 percent jump in full year profit.

Prohibition of the deal was a major blow to Coupe, its architect and Sainsbury’s boss since 2014.

Martin Scicluna became Sainsbury’s chairman last month and when bedded-in may decide that if the group needs a major shake-up it is best carried out by a new leader.

Much will depend on the attitude of 22 percent shareholder the Qatar Investment Authority, which has so far declined to comment, as well as Coupe’s own appetite to continue after 15 years at the group.

THE RIGHT STRATEGY?

Coupe said on Thursday he was confident Sainsbury’s was pursuing the right strategy.

That was a clear indication that Wednesday’s results statement will not include radical changes to the group’s plans, such as a big margin reset — sacrificing profit to drive sales.

However, sources connected to Sainsbury’s said Coupe would likely acknowledge that more needs to be done on prices, so the supermarket business can better compete with its big four rivals – Tesco, Asda and No. 4 Morrisons – as well as German-owned discounters Aldi and Lidl.

Coupe’s strategy is based on differentiating Sainsbury’s food offer, growing its general merchandise, clothing business and bank, while investing in convenience and online channels.

Some analysts believe major change is needed.

HSBC analyst David McCarthy reckons Sainsbury’s needs a margin reset, should allocate more space for core lines and needs to drive better store standards. He said Sainsbury’s might consider closing down space in some of its larger stores and reducing its non-food offer.

For the full 2018-19 year analysts are on average forecasting a pretax profit of 626 million pounds, up from 589 million pounds in 2017-18 – a second straight year of profit growth. A full year dividend of 10.5 pence per share is forecast versus 10.2 pence last time.

Bank and lawyer fees related to the proposed combination with Asda were 17 million pounds in the first half and have reportedly jumped to around 50 million pounds.

(Reporting by James Davey; Editing by Keith Weir)

Source: OANN

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Arizona Gov. Doug Ducey rejected demands from a secular group to remove posts on social media where he sent Easter greetings and cited a Bible verse, offering to provide copies of the Constitution to his critics.

Ducey, who’s a practicing Catholic, has been bombarded with calls from Secular Communities for Arizona to remove the post, which included a cross, a Bible verse, and the phrase, “He is risen.”

ARIZONA’S GOP GOVERNOR WAGING WAR AGAINST OCCUPATIONAL LICENSING LAWS

The group argued the posts crossed a line into government sponsorship of religious messages and was unconstitutional.

The governor fired back at the group, saying in a tweet that he will never remove the posts or other religious ones.

“We won’t be removing this post. Ever. Nor will we be removing our posts for Christmas, Hanukkah, Rosh Hashanah, Palm Sunday, Passover or any other religious holiday,” he tweeted. “We support the First Amendment, and are happy to provide copies of the Constitution to anyone who hasn’t read it.”

Dianne Post, an attorney for the secular group, told the Arizona Republic “elected officials should not use their government position and government property to promote their religious views.”

LICENSE REQUIRED TO REPAIR DOORS? REGS SPARK HEATED DEBATE IN ARIZONA

She added the courts have repeatedly “struck down symbolism that unites government with religion,” adding that Ducey’s office must “represent and protect the rights of all residents of Arizona, including those who do not believe in a monotheistic God or any gods at all.”

Many congratulated Ducey for not backing down amid the pressure, though some Facebook users sided with the secular group and criticized the governor on his original post.

“Why do you use a government platform to bring up your personal religion?” asked one person. “Are there no citizens in your jurisdiction that believe differently from you?”

Another stipulated that the post was somewhat discriminatory. “Great sensitivity, Doug. That’s the last time this Jew votes for you,” one person wrote.

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Ducey wished in a statement Arizonans last week a “blessed and joyful Easter and Passover weekend.”

The Associated Press contributed to this report.

Source: Fox News Politics

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