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FTC loses Shire appeal, losing round in fight against citizen petition abuse

The Federal Trade Commission building is seen in Washington
FILE PHOTO: The Federal Trade Commission building is seen in Washington on March 4, 2012. REUTERS/Gary Cameron

February 25, 2019

By Diane Bartz

WASHINGTON (Reuters) – An appeals court on Monday upheld a judge’s decision dismissing a lawsuit filed by the U.S. Federal Trade Commission to fight the practice of brand-name drug companies using a government petition system to delay cheaper, generic drugs from coming to market.

The 3rd U.S. Circuit Court of Appeals ruled that a federal court in Delaware had been correct in dismissing the FTC’s lawsuit against Shire. Shire was acquired by Takeda Pharmaceutical Co last month.

The agency had objected to ViroPharma, which Shire acquired in 2014, filing 46 “citizen petitions” and other filings between 2006 and 2012 to the U.S. Food and Drug Administration regarding generic equivalents to its antibiotic Vancocin HCl, on the grounds that it resulted in delayed sale of a generic version.

But while the appeals court acknowledged that the delayed entry meant “hundreds of millions of dollars in profits,” it said that the petitioning activity had ceased and thus the company was not in violation of the law. This ruling agreed with what the lower court had said in March 2018.

The FTC said it “regrets the court’s decision and is considering its options.” Shire owner Takeda did not immediately respond to a request for comment.

(Reporting by Diane Bartz)

Source: OANN

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Ukraine candidates: Experience vs image

Ukraine's presidential election on Sunday will pit image against experience, with polls suggesting TV comedian Volodymyr Zelenskiy heading for an overwhelming victory against President Petro Poroshenko.

Poroshenko has held the office for nearly five years — while Zelenskiy has played the role on television for more than three.

A look at the two contenders to lead Ukraine's 42 million people:

VOLODYMYR ZELENSKIY

Zelenskiy, a 41-year-old comic actor, is best known for his TV portrayal of a schoolteacher who becomes president after a video of him denouncing corruption goes viral. The name of the show, "Servant of the People," became the name of his party when he announced his candidacy in January.

Like his TV character, the real-life Zelenskiy has focused his campaign strongly on corruption. Although criticized as having a vague platform, Zelenskiy has made specific proposals, including removing immunity for the president, parliament members and judges, and a lifetime ban on holding public office for anyone convicted of corruption. He also calls for a tax amnesty under which someone holding hidden assets would declare them, be taxed at 5% and face no other measures.

He supports Ukraine's eventual membership in NATO, but only if the country were to approve this in a referendum.

Zelenskiy has proposed that direct talks with Russia are necessary to resolve the conflict in eastern Ukraine, where fighting with Russia-backed separatist rebels has killed more than 13,000 people since 2014. The Kremlin denies involvement there and says it is an internal matter. Zelenskiy says Russia-annexed Crimea must be returned to Ukraine and compensation paid.

His campaign has relied on social media rather than traditional rallies, leading Poroshenko to sneer that he is a "virtual candidate." His flair for showmanship have raised eyebrows — he has proposed that both he and Poroshenko should take drug tests ahead of a debate.

Zelenskiy's image has been shadowed by his admission that he had commercial interests in Russia through a holding company, and by persistent speculation about links with oligarch Ihor Kolomoyskyi, who owns the television station that airs "Servant of the People."

A Ukrainian court on Thursday ruled that the nationalization of a bank once owned by Kolomoyskyi was illegal, leading to new concern about Zelenskiy's possible ties to him.

___

PETRO POROSHENKO

Poroshenko, the incumbent, came to power in 2014 with the image of a "good oligarch." The bulk of his fortune came from a seemingly innocuous source, the chocolate-maker Roshen, hence his nickname "The Chocolate King."

He promised to divest himself of the whole business upon becoming president.

Five years later, there's little sweetness left in his image. He hasn't sold the chocolate business. Critics denounce him for having done little to combat Ukraine's endemic corruption. The war with Russia-backed separatists in the east grinds on with no clear strategy for ending it. And while his economic reforms may have pleased international lenders, they've left millions of Ukrainians wondering if they can find the money to pay their utilities bills.

After his weak performance in the election's first round, in which Zelenskiy got nearly twice as many votes, Poroshenko said he had taken voters' criticism to heart. He has since made some strong moves, including the long-awaited creation of an anti-corruption court. He also ordered the dismissal of the governor of the corruption-plagued Odessa region, and fired the deputy head of foreign intelligence who reportedly has vast real estate holdings in Russia.

Poroshenko has positioned himself as a leader who will stand up to Russia: a campaign billboard showed him staring down Russian President Vladimir Putin.

The 53-year-old Poroshenko has scored some significant goals for Ukraine's national identity and its desire to move out of Russia's influence.

He signed an association agreement with the European Union — which predecessor Viktor Yanukovych turned away from, setting off the protests that eventually drove him out of office. Ukrainians now can travel visa-free to the European Union, a significant perk. He has also pushed relentlessly for the Ukrainian Orthodox Church to be recognized as self-standing rather than just a branch of the Russian church.

Source: Fox News World

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Health Freedom Is Being Destroyed All Over The Western World

They tell us that we are “free”, but it is just a lie. 

In every country in the western world, there is layer after layer of rules and regulations that strictly govern just about every area of our lives.  But until just recently, there were certain lines that still had not been crossed.  One of those lines has to do with bodily integrity.  We have a fundamental right to say what goes into our bodies and what doesn’t go into our bodies.  When any government violates that fundamental right, no matter how good the intentions are, they have entered the realm of tyranny.

And let there be no doubt – what is taking place in New York City right now is tyranny.  On Tuesday, New York City Mayor Bill de Blasio used the pretense of “a public health emergency” to order mandatory vaccinations for all of the Orthodox Jews living in Williamsburg

Mayor Bill de Blasio declared a public health emergency on Tuesday and has ordered mandatory vaccinations for people who may have been exposed to the virus in parts of Williamsburg amid a growing measles outbreak.

Perhaps the mayor actually believes that he is saving lives by doing this.

But it is still tyranny.

In a free society, we would have the right to choose whether we want to put vaccines into our bodies or not.  But in certain parts of New York City at the moment, a state of medical martial law now exists.

According to one local news report, members of the Health Department are actually going to be hunting down the unvaccinated by going through their medical records…

Under the order, unvaccinated people, including children over 6 months old, who live or work within zip codes 11205, 11206, 11221 and 11249 will be required to get an MMR vaccine.

Members of the city’s Health Department will check the vaccination records of any individual who may have been in contact with infected patients.

Those who have not received the vaccine or do not have evidence of immunity may be given a violation and could be fined $1,000.

Is this still America?


Owen Shroyer presents a local news report from the Williamsburg neighborhood in Brooklyn, New York where a “tight knit” community of Orthodox Jews are being forced to vaccinate with the measles. Is the U.S. government conducting, yet again, secret medical experiments on their own people?

I am having a hard time believing that this is actually happening.  There is no way that people would have ever put up with such nonsense 40 or 50 years ago.

Even New York Governor Andrew Cuomo, a Democrat, is admitting that this effort to force mandatory vaccinations on city residents may be unconstitutional

“Look it’s a serious public health concern, but it’s also a serious First Amendment issue and it is going to be a constitutional, legal question,” Cuomo said.

But if the control freaks that run New York City can get away with this, they will set a very important national precedent.

You may think that you live in an area where your health freedoms are more protected, but what starts in New York or California always seems to start filtering through the rest of the country eventually.

And other nations in the western world have already gone much farther down the path toward medical tyranny than we have.  For example, check out what just happened in Australia

Freedom of speech has taken another major hit Down Under, as government authorities in Australia recently decreed that any medical professional who dares to express skepticism about the safety or effectiveness of vaccines will be prosecuted to the full extent of the law, including a potential prison sentence of up to 10 years.

What in the world is happening to Australia?

When we can’t even openly debate certain topics anymore, then you know that we are well on the way to utter tyranny.

Look, everyone agrees that many children have either died or have become seriously disabled immediately after taking vaccines.  Those in the pro-vaccine community argue that such sacrifices must be made “for the greater good”, while those in the anti-vaccine community believe that parents should have the right to determine if their children should be exposed to such dangers.

But what everybody should be able to agree on is that we should be able to debate these issues.

Instead, the government of Australia has determined that any member of the medical community that holds an anti-vaccine position should be put in prison, and they have even established a “snitch program” for reporting offenders

The Australian government has also set up a snitch program for medical “offenders” to be reported by their “friends,” colleagues, or others who suspect that they might be in violation of this new speech code – like some kind of deep state spying and surveillance scheme contrived from the dystopian novel 1984.

Without freedom of speech, a free society cannot exist, and Australia is completely destroying freedom of speech.

This is yet another example which demonstrates that we desperately need to take our governments back.  If freedom-loving people don’t get involved, then control freaks inevitably take over, and at this point Australia is completely overrun by them.   In particular, Victoria Health Minister Jill Hennessy is a real piece of work

Victoria Health Minister Jill Hennessy, a full-fledged vaccine worshiper, of course supports the new rules, which she hopes will deliver harsh punishment to all vaccine skeptics in Australia, which she describes as “brain dead sheep.”

“They are an organized movement, largely stemming from the United States of America, that are hell bent on misleading parents that vaccinations are unsafe,” Hennessy is quoted as saying.

If we are ever going to be free, we have got to be able to freely debate every issue in our society.

There is a reason why our founders sought to protect freedom of speech so strongly.  Without it, it is just a matter of time before all of our other freedoms are gone too.

If you are deeply alarmed by what you just read in this article, that is good.

It shows that you are still alive.

Now is the time to stand up and fight for our freedoms, because once they are gone they will be almost impossible to get back.

Source: InfoWars

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Woman Dangled By Hair, Dropped to Death From High-Rise

An Eritrean woman plunged to her death after being dangled by her hair from an 11th story window of high-rise building in Glasgow, Scotland, according to local media.

Alem Shimemi, 30, fell roughly 100 feet after witnesses reportedly heard her screaming and attempting to climb back in the window while someone inside held her hair, the Daily Record reports.

Bystanders apprehended an "African" man who was "chanting" and "praying," according to a witness.

"I could hear hysterical screaming and I went to the window and I saw the woman being held by the hair," said a man who lives in a nearby building. “She didn’t fall right away, because she was trying desperately to hold on to the window sill and she was scratching at the wall with her feet, trying to get a hold to keep herself from falling."

"I thought I should take a photo as evidence, but I was really hoping she would be  dragged back in by whoever was holding her hair."

The same witness assisted others in tackling a man who had fled the building and subduing him until police arrived.

He reportedly spoke a foreign language, which was understood by other women on the scene.

"An African guy had come out of block 150 and had tried to run away, but he fell over a wall and he got grabbed by a concierge and a few women who were there," the witness said. "There were some women there who were hysterical. They spoke the same language as the guy."

“He was chanting and, I think, praying, and he looked out of it."

The Daily Record indicates that 'many immigrants' are housed in the tower blocks.

Police are treating Shimemi's death as "suspicious" but have yet to make any arrests.

A recent report in German media detailed how police often intentionally obfuscate details of crimes committed by migrants, such as honor killings, in order to "preserve civil peace."

Paul Joseph Watson breaks down the story surrounding a woman who left the U.K. when she was 15 to marry a member of ISIS and join their Islamic caliphate revolution. Now, after giving birth and naming her son after a Muslim warlord, she would like to return to the U.K. to cash in on the benefits of Western civilization.

(PHOTOS: Katie Hopkins/Twitter)

Source: InfoWars

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Former head of Alternative for Germany on trial for perjury

The former head of far-right Alternative for Germany party has appeared in court on charges of perjury.

Frauke Petry appeared Monday before the regional court in Dresden to defend herself against accusations that she made false statements to parliament while under oath.

Petry has previously acknowledged making erroneous statements about the nature of loans that members made to the party during an election campaign, but denied doing so intentionally.

A ruling is expected next month.

The 43-year-old left Alternative for Germany after the country's 2017 national election and founded her own party, which plans to contest this year's regional election in the eastern state of Saxony.

She remains a lawmaker in Germany's national parliament.

Source: Fox News World

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Premier Li says China opposes Taiwan independence

Chinese Premier Li Keqiang speaks at a news conference following the closing session of the National People's Congress (NPC) at the Great Hall of the People in Beijing
Chinese Premier Li Keqiang speaks at a news conference following the closing session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China March 15, 2019. REUTERS/Jason Lee

March 15, 2019

BEIJING (Reuters) – China maintains a “one-China” policy and opposes independence for Taiwan, Chinese Premier Li Keqiang said on Friday at his annual news conference.

China claims self-ruled and proudly democratic Taiwan as its sacred territory, and has never renounced the use of force to bring the island under Beijing’s control.

(Reporting by Ryan Woo and Kevin Yao; Writing by Ben Blanchard; Editing by Darren Schuettler)

Source: OANN

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Woman convicted on lesser charge in boy torture case

An Iowa woman charged with kidnapping for confining her boyfriend's 8-year-old son under basement stairs has been convicted of a lesser charge.

A judge on Wednesday found Traci Tyler guilty of misdemeanor false imprisonment. Prosecutors say she and the boy's father, Alex Shadlow, locked the boy in the basement of their Ackley home for at least nine hours a day in summer 2017. The boy told authorities he had to sleep on concrete.

Hardin County District Court records show that Judge James Ellefson didn't find that Tyler meant to inflict serious injury on the boy, a key component for a kidnapping conviction. Her sentencing is scheduled for April 26.

Ellefson oversaw Tyler's nonjury trial in Eldora. Shadlow's trial is set to begin Sept. 30.

Source: Fox News National

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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NEED FOR CASH

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

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

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

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

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

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

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

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

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

Source: Fox News World

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

April 26, 2019

By Charlotte Greenfield

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

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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

April 26, 2019

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

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

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

(Reporting by Muvija M in Bengaluru)

Source: OANN

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