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Under pressure, Britain’s May scrambles to win support for Brexit deal

Britain's Prime Minister Theresa May and her husband Philip arrive at church in Sonning
Britain's Prime Minister Theresa May and her husband Philip arrive at church in Sonning, Britain March 17, 2019. REUTERS/Henry Nicholls

March 17, 2019

By Elizabeth Piper and Kate Holton

LONDON (Reuters) – British Prime Minister Theresa May’s government was scrambling on Sunday to get support in parliament for her Brexit deal at the third time of asking, aiming to persuade doubters with threats and promises to avoid any move to oust her.

After parliament backed a move to delay Brexit, May still has only three days to win approval for her deal to leave the European Union if she wants to go to a summit with the bloc’s leaders on Thursday with something to offer them in return for more time.

Stepping up the pressure on the prime minister, Jeremy Corbyn, leader of the main opposition Labour Party, said he could trigger another confidence vote in May’s government if she fails again to get her deal approved by parliament.

Almost three years since Britain voted to leave the EU in a referendum, the country is no clearer about how and when it will leave the bloc, with several outcomes possible, from exiting without a deal to Brexit never happening at all.

May’s warning that if parliament again votes against her deal — which has already been crushed twice by lawmakers — that Britain could face a long delay and would need to take part in European elections in May seemed to be winning some over.

But her finance minister, Philip Hammond, said she was not in the clear yet.

“What has happened … is that a significant number of colleagues … have changed their view on this and decided that the alternatives are so unpalatable to them that they on reflection think the prime minister’s deal is the best way to deliver Brexit,” he told BBC’s Andrew Marr program.

Asked if the government had enough numbers yet, he replied: “Not yet, it is a work in progress.”

Many Brexit supporters in May’s Conservative Party say the key to whether they will back her deal is the agreement of the Northern Irish Democratic Unionist Party (DUP), which props up the prime minister’s minority government in parliament.

May needs 75 lawmakers to change their vote after it was crushed first in January by 230 lawmakers and then by 149 on March 12.

The DUP’s 10 lawmakers could sway a large segment of a pro-Brexit Conservative grouping, several lawmakers say, but even then, she would still probably also have to get some Labour lawmakers on board as well.

NO MONEY

Hammond said talks were continuing with the DUP to find ways of reassuring the party that any future border arrangements with EU member Ireland would not mean that Northern Ireland might be split away from the rest of Britain.

He denied the government would offer the DUP money to back the deal.

Until it is clear that the support is there, trade minister Liam Fox said, the government will not have the vote, which is widely expected to be held on Tuesday.

“It would be difficult to justify having a vote if we knew we were going to lose it,” Fox told Sky News.

With a threat that will no doubt focus ministers’ minds, Corbyn said he would try to force a confidence vote against the government if the prime minister failed to win approval for it and tried to further run “down the clock”.

“I think at that point a confidence motion would be appropriate. At that point we should say there has to be a general election,” he said.

There were signs that some Brexit supporters were shifting their views, fearful that if the deal failed, Brexit would never take place.

“The choice before us is this deal or no Brexit whatsoever and to not have Brexit would go against the democratic vote of the people,” said Esther McVey, a Brexit supporter who resigned from May’s government last year in protest against May’s deal.

“We’re going to have to hold our nose and vote for it.”

(Writing by Elizabeth Piper)

Source: OANN

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Politico: IG Report on Carter Page Warrant Aims to ‘Undermine’ Christopher Steele

The Justice Department’s inspector general has been scrutinizing the FBI’s use of information from the Steele dossier to conduct surveillance on President Donald Trump and his associates from his 2016 presidential campaign and will release his report as soon as next month, Politico reports.

IG Michael Horowitz has been examining the FBI for close to a year and is investigating whether the agency possibly abused the Foreign Intelligence Surveillance Act in October 2016 when it pulled a FISA warrant to surveil Carter Page based in part on information from Christopher Steele, a British ex-spy who claimed he was told by sources that Page and other Trump associates were working with Russians to help Trump win the election and boost Trump’s businesses.

The IG is reportedly focused on gauging Steele’s credibility as a source for the FBI, and the report “is going to try and deeply undermine Steele,” according to a source who spoke with Politico.

FISA allows U.S. agencies to secretly intercept a target's communications with court approval.

Horowitz is also looking into whether FBI officials Peter Strzok and Lisa Page, who exchanged anti-Trump text messages while working on the Russia investigation, were guided by politics in their official actions.

Trump has long slammed the dossier as “phony” and a “con job.”

The dossier was published by BuzzFeed in January 2017, after the election.

Steele was being paid for his research by Fusion GPS, an opposition research firm that was funded in part by the Clinton campaign and the Democratic National Committee.


Related Stories

Source: NewsMax Politics

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Pelosi: Attorney General Barr ‘off the rails’ on Mueller report

FILE PHOTO - House Speaker Nancy Pelosi (D-CA) addresses the North America's Building Trades Unions (NABTU) 2019 legislative conference in Washington
FILE PHOTO - House Speaker Nancy Pelosi (D-CA) addresses the North America's Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon

April 10, 2019

WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi castigated Attorney General William Barr on Wednesday for comments he made during congressional hearings this week about the federal probe of Russian interference in the 2016 election.

“Let me just say, I’m very, very dismayed and disappointed that the chief law enforcement officer of our country is going off the rails yesterday and today,” Pelosi told reporters at a news conference in Virginia.

(Reporting by Susan Cornwell and Doina Chiacu; Editing by Alistair Bell)

Source: OANN

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Chicago PD: Jussie Smollett is a Suspect in a Criminal Investigation

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“Detectives are currently presenting evidence before a Cook County Grand Jury,” police spokesperson Anthony Guglielmi said.

The development comes after ABC 7 reported that authorities issued subpoenas to obtain records from Smollett, who police have sought to re-question since interviewing two men said to have been involved in an alleged staged attack on the actor-singer in Chicago on January 29th.

Smollett told police that two masked men hurled racist and anti-gay insults at him, and doused him with an unknown chemical substance as he walked home from a sandwich shop at 2:00 a.m. local time. He also claimed his attackers looped a thin rope around his neck and shouted “This is MAGA country!” before scurrying away. Smollett could recieve up to three years in prison if he is found to have filed a false report with police regarding the attack, according to Illinois State law.

Earlier Wednesday, Chicago’s local CBS affiliate, WBBM Channel 2, obtained videoof the two brothers tied to the alleged staged attack buying a red hat and ski masks from a store a day before the purported assault. The store’s surveillance footage appears to show Abel and Ola Osundairo bring the items to the counter for the cashier to ring up. Smollett claimed his attackers wore masks during his assault.

In a statement Wednesday, 20th Century Fox Television and Fox Entertainment praised Smollett as a “consummate professional on set” and said his character would remain a regular on the series.
Fox 32 Chicago reporter Rafer Weigel tweeted Wednesday that Smollett hired high-powered attorney Mark Geragos and that the actor’s indictment may come in “a matter of hours. Not days.” Geragos recently represented former NFL quarterback Colin Kaepernick in his lawsuit against the football league.

Not only is Smollett said to have staged his own attack, but may also be behind a threatening letter sent to himself on the set of Empire. WBBM Channel 2 reported on Tuesday that the he “orchestrated” the assault after the letter failed to evoke a larger reaction from the public. The FBI and the U.S. Postal Inspection Service are investigating whether Smollett played a role in the letter’s January 22 delivery. The letter, which possessed powered aspirin and the phrase “Die black fag,” is undergoing analysis at an FBI crime lab, ABC News reported.

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EU Shuns US Calls to Ban China’s Huawei

The Trump Administration probably didn’t need any more convincing that the longstanding post-war economic and military alliance between the US and Europe now exists solely on paper. But it got it all the same.

Just days after Beijing officially annexed Italy to the BRI, and with Brussels still deliberating what can be done to put Europe back on an even economic footing with China, the bloc has decidedly rejected Washington’s efforts to muscle Huawei out of the global 5G market. First, individual EU capitals unanimously rejected Washington’s warnings that Huawei posed an intractable national security, and refused to disallow the company’s telecoms equipment from being used in domestic 5G networks.

And on Tuesday, the European Commission tacitly embraced Huawei by refusing to recommend that member states exclude the company, a recommendation made in a set of security guidelines, Reuters reports.

EU member states will be required to share information about cybersecurity risks related to 5G, and even develop a plan to tackle them before the end of the year. But for all of Washington’s lobbying, the Commission has refused to specifically target Huawei.


After the fall of the Soviet Union, China declared a “new cold war” with America. Steven Mosher joins Alex Jones to expose the tactics of communist China to infiltrate our technology infrastructure and deceive the masses in the west to welcome communist victory over capitalism.

According to ABC News, EU countries will have until the end of June to study 5G cybersecurity risks. Their findings will be incorporated into a bloc-wide assessment before Oct. 1. Using this assessment, the EU would need to agree on a plan to mitigate these risks by the end of the year. Experts said some measures could include certification requirements and tests of products or suppliers deemed security risks.

EU Digital Commissioner Andrus Ansip said this plan would help ensure that Europe’s 5G infrastructure would be “resilient” to attack.

Andrus Ansip said that the measures announced on Tuesday aimed to address concerns about foreign governments using companies for espionage. Ansip said that 5G technology would transform the economy and society, but that this cannot happen without full security built in.

“It is therefore essential that 5G infrastructures in the EU are resilient and fully secure from technical or legal backdoors,” Ansip said in a statement.

5G technology will transform economies and society, “but we cannot accept this happening without full security built in,” said EU digital commissioner Andrus Ansip.

The fight to exclude Huawei, which may finally be impacting the trade talks between Washington and Beijing, has taken on extra urgency as EU countries prepare to auction off 5G frequencies to telecom operators. Germany began the auction earlier this month (and its leader Angela Merkel soundly rejected Washington’s lobbying on Huawei).

Huawei, meanwhile, has denied accusations that it is beholden to the Chinese state, and mocked Washington’s hypocrisy, gleefully invoking the revelations leaked by former NSA contractor Edward Snowden, and questioning whether Washington is the real “security threat.”


The globalists have chosen China as the country that will lead the way into humanity’s future. Alex Jones breaks down how a one-sided deal made 50 years ago puts China in the driver’s seat.

Source: InfoWars

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Sens. Rick Scott and Chuck Schumer in Twitter feud over relief aid to Puerto Rico

Sen. Rick Scott, R-Fla., and Senate Minority Leader Chuck Schumer, D-N.Y., feuded  on Twitter over a disaster aid package that would aid Puerto Rico.

Scott tweeted out a clip of his appearance on CNN's “State of the Union” Sunday, when he spoke about the relief bill.

“To me this is all politics. This is Chuck Schumer saying that he cares more about Puerto Rico than President Trump does. I think we should have passed the bill that Sen. Shelby had done,” Scott told “State of the Union" host Jake Tapper.

Scott met with Trump at the White House Thursday along with Senate Appropriations Committee Chairman Richard Shelby, R-Ala., and Sen. Deb Fischer, R-Neb., to discuss a possible deal with the commander-in-chief on relief to Puerto Rico. Trump is feuding with the island's Democratic officials and reportedly railed against aid to Puerto Rico at a closed-door lunch with Senate Republicans last month.

The island was slammed by back-to-back hurricanes in 2017.

Scott called out Schumer in the tweet, saying he need to “stop these political games.”

TRUMP, GOP FIRE BACK AFTER DEMS BLOCK DISASTER RELIEF BILL: 'WASHINGTON HAS REACHED A NEW LOW'

Schumer responded to Scott by asking how the freshman senator could support the bill “that strips needed help from the island and is opposed by PR’s [Puerto Rico] governor?”

“Why not stand up for both PR & Florida, and have the courage to tell Trump to leave no community behind?” the minority leader wrote.

In a tit-for-tat, Scott retaliated, saying, “This is a great example of why people hate politics. Not only did Sen. Schumer block a bipartisan bill, now he’s lying about it. Our bill doesn’t strip funding for P.R. It includes $600 mil in nutrition assistance funding for P.R. that I fought to get in the bill.”

The feud didn’t end there. Schumer again responded to Scott, saying Trump took “all aid for Puerto Rico but nutrition assistance out of the bill.”

“The bill has none of the long-term recovery & resilience aid PR has asked for repeatedly. Stop the bull. Stand up to the President. Help all communities rebuilding from disaster,” Schumer fired back.

Scott responded by accusing Schumer of refusing to give Puerto Rico help in order to “prolong a political fight with Trump.”

“I’m working with the Rs, Ds and the President to get a deal done. But it shouldn’t have taken this long. FL’s been waiting 6 months. The truth is, you’re more than happy to give Puerto Rico nothing if it helps prolong a political fight with Trump. That’s shameful,” Scott responded.

He shared a Politico article on the feud calling it “personal.”

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“It’s personal when Sen. Schumer blocks billions for FL’s Panhandle after the devastation of Hurricane Michael. It’s personal when he blocks Nutrition Assistance funding for Puerto Rico after they cut benefits. No more games. Time to get this done,” he wrote.

After Scott narrowly won his Senate bid over incumbent Sen. Bill Nelson, D-Fla., he said in a speech on the Senate floor that he would be “a voice for the people of Puerto Rico.”

Earlier this month, a bill that would have given relief to those states affected by natural disasters failed 44-49 in the Senate. The $13 billion package would have “provided $600 million for Puerto Rico’s food stamp program,” NBC News reported. An alternative that was proposed by Sens. Patrick Leahy, D-Vt., and Schumer was similar in the aid provided to Puerto Rico “while freeing up grant funding from the Department of House and Urban Development that has already been allocated to the island,” Politico reported. Democrats were blocked by Republicans from bringing it to the floor.

In a recent op-ed that was published in the New York Daily News, Schumer wrote that relief for the island “shouldn’t be locked away in the U.S. Treasury because of bureaucratic red tape.”

The Associated Press contributed to this report.  

Source: Fox News Politics

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Zimbabwe opposition politician fined over false election results

FILE PHOTO - Zimbabwe's former finance minister and opposition leader Tendai Biti looks on after appearing at the Magistrate Court in the capital Harare
FILE PHOTO - Zimbabwe's former finance minister and opposition leader Tendai Biti looks on after appearing at the Magistrate Court in the capital Harare, Zimbabwe August 10, 2018. REUTERS/Philimon Bulawayo

February 18, 2019

HARARE (Reuters) – Zimbabwe’s former finance minister and senior opposition politician Tendai Biti was on Monday convicted and fined $200 for unlawfully and falsely announcing the results of last year’s presidential election that was won by Emmerson Mnangagwa.

Biti, vice chairman of the main opposition Movement for Democratic Change (MDC) party, was charged last year after announcing that MDC leader Nelson Chamisa had won the presidential election. Biti was later deported by Zambian authorities after a failed asylum bid.

The MDC and Chamisa continue to dispute Mnangagwa’s victory, which was also upheld by the country’s top court, and say Zimbabwe’s political and economic problems will not be fixed until the president’s legitimacy is resolved.

Magistrate Gloria Takundwa said state prosecutors had proved the case against Biti, whom she said would be jailed for six months if he commits a similar offence in the next five years.

Biti’s lawyer Alec Muchadema, who paid the $200 fine, said he would appeal against the conviction and sentence.

“I am absolutely innocent and we will be appealing that decision. It’s unacceptable what is happening, we will keep on fighting,” Biti told reporters outside the courthouse.

Chamisa said Biti was being persecuted for telling the truth and that the former finance minister was one of many MDC leaders being targeted by Mnangagwa’s government in a bid to cripple the opposition. The government has denied the charge.

(Reporting by MacDonald Dzirutwe, editing by Ed Osmond)

Source: OANN

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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