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Spring training roundup: Cards’ Wainwright sharp in camp debut

MLB: Spring Training-St. Louis Cardinals at Washington Nationals
Feb 26, 2019; West Palm Beach, FL, USA; St. Louis Cardinals starting pitcher Adam Wainwright (50) delivers a pitch against the Washington Nationals at FITTEAM Ballpark of the Palm Beaches. Mandatory Credit: Steve Mitchell-USA TODAY Sports

February 26, 2019

Right-hander Adam Wainwright pitched two perfect innings in his first start of the spring as the St. Louis Cardinals defeated the host Washington Nationals 6-1 on Tuesday at West Palm Beach, Fla.

The 37-year-old Wainwright was limited to just eight starts last season due to elbow troubles. He is trying to regain the form that saw him win 19 or more games four times during 13 big league seasons.

“The difference today was that I was focused on command and trusting my stuff, and last year I was focused on surviving,” Wainwright told reporters. “Making a pitch and trying to make it to the next pitch. My focus today was on pitching instead of on health.”

Marlins 3, Astros 0

Right-hander Dan Straily struck out three in two perfect innings as Miami blanked visiting Houston at Jupiter, Fla. Houston right-hander Gerrit Cole pitched a perfect inning in his spring debut.

Tigers 14, Mets (ss) 4

Harold Castro and Pete Kozma each clubbed three-run homers as visiting Detroit routed New York at Port Fort Lucie, Fla. Rajai Davis went deep for the Mets.

Rays (ss) 11, Orioles 5 (8 innings)

Jesus Sanchez hit a go-ahead, three-run homer during a 10-run eighth-inning splurge as Tampa Bay rallied to knocked off host Baltimore at Sarasota, Fla. Chris Davis smacked a two-run blast for the Orioles in a game that was stopped due to rain.

Braves 4, Mets (ss) 3

William Contreras hit a tiebreaking two-run homer in the sixth inning as Atlanta defeated visiting New York at Kissimmee, Fla. Sebastian Espino hit an inside-the-park homer for the Mets.

Twins 6, Pirates 5

Ryan Jeffers delivered the go-ahead pinch-hit, two-run single during a four-run fifth-inning uprising as visiting Pittsburgh edged Minnesota at Fort Myers, Fla. Patrick Kivlehan homered for the Twins.

Phillies-Yankees, canceled

New York right-hander Masahiro Tanaka’s spring debut was washed out by rain as the host Yankees and Philadelphia were unable to play at Tampa, Fla.

Red Sox-Blue Jays, canceled

Right-hander Matt Shoemaker was slated to make his first Toronto appearance before rain prevented the contest between the Blue Jays and visiting Boston at Dunedin, Fla.

–Field Level Media

Source: OANN

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European shares climb for fourth day on trade optimism, China data

The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 2, 2019. REUTERS/Staff

April 3, 2019

(Reuters) – European shares rose for the fourth straight session on Wednesday, as investors took heart from further signs of recovery in China and progress toward a possible trade deal between Beijing and Washington.

The pan-European index rose 0.7 pct at 0724 GMT, hitting its highest level since Aug. 10.

Frankfurt’s trade-sensitive DAX outperformed peers, gaining 1.2 percent. London’s FTSE 100 lagged as a firming pound weighed on multi-national exporters, which make the lion’s share of their earnings in foreign currencies.

All sectors except the food and beverage index advanced, with basic and resources and auto stocks leading gains.

White House economic adviser Larry Kudlow said on Tuesday he expects the United States and China “to make more headway” as the two sides resume trade talks this week.

Also helping sentiment was reports that British Prime Minister Theresa May might seek another Brexit delay to try to agree an EU divorce deal with the opposition Labour leader.

Strong economic data out of China has also helped sentiment. The latest private business survey on Wednesday showed activity in China’s services sector had picked up to a 14-month high in March as demand improved at home and abroad.

Another survey indicated activity in Spain’s services sector had jumped to its highest level in more than a year in March.

Leading gains on the pan-region index was Prosiebensat as traders said the German media company may be among the possible candidates for a cross-border deal with Mediaset.

Banco de Sabadell SA jumped more than 3 percent as the banking group said it may sell Sabadell Asset Management SA – its asset management company.

Shares of luxury goods maker Burberry Group slid 3 percent, the most on STOXX and the FTSE, after JP Morgan analysts cut their full-year profit forecast for the company citing high-exposure to Brexit-related sterling volatility.

In contrast, French luxury goods maker Moet Hennessy Louis Vuitton gained after JP Morgan raised its price target on the stock.

CMC Markets tumbled 7 percent after the online trading firm forecast a plunge in net operating income, hurt by lower client trading activity due to regulatory curbs in Europe.

Pandora dipped after the jewelry maker announced its chief operating officer Jeremy Schwartz would be stepping down.

Metro rose 1.5 percent after the German retailer said it is still in talks with several investors, who are interested in buying its Real hypermarkets chain.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Andrew Heavens)

Source: OANN

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Master Race-Baiters: Jussie Smollett & Al Sharpton

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Source: InfoWars

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After Confronting Reporters, Oliver Darcy and Will Sommer, CPAC Bans Conservative Journalist Laura Loomer

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Oxon Hill, Md. — Conservative activist Laura Loomer was banned from the annual Conservative Political Action Conference (CPAC) on Saturday after confronting or “loomering” CNN reporter Oliver Darcy and Daily Beast reporter Will Sommer on Friday.

Loomer confronted Darcy on Saturday for lobbying Twitter to get Infowars founder Alex Jones banned from the social network. She alleged that Sommer has targeted her in the past, but refused to provide details.

Loomer posted a video to YouTube and Instagram of CPAC security officials confiscating her press credentials.

One America News network correspondent Jack Posobiec tweeted that CPAC revoked Loomer’s credentials after a “george soros organization” asked them to, referring to Right Wing Watch, a organization which seeks to deplatform conservatives.

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Olive tree with soil from Ethiopia crash site unites mourners

Canadian relatives of the Ethiopian Flight ET 302 plane crash victims plant a memorial tree during a memorial ceremony at the Embassy of Canada in Addis Ababa
Canadian relatives of the Ethiopian Flight ET 302 plane crash victims plant a memorial tree during a memorial ceremony at the Embassy of Canada in Addis Ababa, Ethiopia, March 26, 2019. REUTERS/Tiksa Negeri

March 26, 2019

By Jason Neely

ADDIS ABABA (Reuters) – Families and friends grieving the victims of Ethiopian Airlines flight 302 gathered for a tearful ceremony in Addis Ababa on Tuesday to unveil a plaque and plant an olive tree with soil from the crash site.

Citizens of 35 countries were lost on March 10 when the flight, just six minutes into the blue skies near the capital, plunged to the ground, killing all 157 aboard.

Kenya, Canada and Ethiopia suffered the biggest losses of life and their representatives and others joined about 100 relatives and friends at the memorial ceremony.

“Angela was a bright, compassionate, beautiful woman whose smile was infectious,” Roland Rehhorn from Canada said, describing his daughter, 24.

“In 2011 Angela fell in love with Kenya after being there for 14 days on a high school mission.

“This adventure helped shape Angela’s love of the wild, the planet, and the sea,” he said, before reading a poem dedicated to the conservationist, who was on the Nairobi-bound flight to attend a session of the U.N. Environment Assembly.

Ethiopia’s transport ministry said on Tuesday a preliminary report into the crash was likely be released this week.

“We cannot imagine what you have been through … we admire your courage and you need to know that we’re here and there for you not only right now but every step of the way,” Canada’s ambassador to Ethiopia, Antoine Chevrier, told the gathering.

“We are planting an olive tree today. Why? Because olive trees are beautiful, they are also resilient, and represent peace and solidarity,” he said, before a black marble plaque honoring the dead was unveiled.

Mourners then took turns spreading soil removed from the crash site around a young olive tree in the Canadian embassy compound.

“It’s closure, but it’s definitely a process,” said Miriam, an academic from Addis Ababa University there to honor her 26-year-old nephew Sidrak.

Mahlet Hailu, permanent secretary at Ethiopia’s foreign ministry, said the government wished to assure those mourning it would “efficiently and effectively conduct follow-up in the aftermath of this tragic accident”.

Families have been told it could take six months to properly identify remains of the 149 passengers and eight crew lost.

“While much has happened since March 10, there is of course much more that needs to be done,” Chevrier said.

(Reporting by Jason Neely; Editing by Mark Potter)

Source: OANN

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European officials reject SpaceX complaints over launch subsidies

FILE PHOTO: SpaceX headquarters is shown in Hawthorne, California.
FILE PHOTO: The SpaceX headquarters is shown in Hawthorne, California, U.S. September 19, 2018. REUTERS/Mike Blake/File Photo

February 26, 2019

By Andrea Shalal

LAMPOLDSHAUSEN, Germany (Reuters) – European space officials on Tuesday rejected complaints by U.S. rocket builder SpaceX that subsidies are hampering its access to the European market, arguing the much larger U.S. market is virtually closed to Europe’s Ariane satellite launch vehicle.

Daniel Neuenschwander, head of space transportation for the European Space Agency (ESA), said efforts were under way to cut costs and stay competitive in a market increasingly dominated by U.S. and Chinese players, but the playing field was not level.

“It’s a tough competition but we should make sure that it is done in a way that is fair,” Neuenschwander told Reuters at the opening of a new German Aerospace Center rocket test site in Lampoldshausen, near Stuttgart. “I think that you better clean your own house before you start to complain about someone else’s.”

SpaceX told the U.S. Trade Representative in a letter dated Dec. 10 and first reported last week that European subsidies to Arianespace, Europe’s primary space launch provider, created an “imbalanced competitive advantage that threatens fair trade”.

ArianeGroup, a joint venture of Airbus and Safran and majority owner of Arianespace, is developing Ariane 6 rocket at a cost of nearly 4 billion euros ($4.55 billion).

SpaceX urged the U.S. government to seek remedies in upcoming U.S.-European Union Free Trade Agreement talks – an appeal that U.S. officials say they are taking very seriously given the growing importance of the commercial space market.

The SpaceX letter, first reported by France’s Les Echos newspaper last week, flagged another potential conflict between Washington and Brussels, already at odds in the trade arena over car and steel exports.

The European Union had no immediate comment but the German Economy Ministry said the EU viewed aid to ESA as fully allowed under World Trade Organisation rules.

Neuenschwander said European officials were focused on completing the Ariane 6 rocket, due to have its maiden flight in 2020 at 40 percent less cost than the current Ariane 5.

“Buy America” laws prevent Arianespace from competing for U.S. government launches, cutting off a huge market at a time when commercial launches are down sharply. European officials also see hidden aid in the fact that SpaceX gets twice as much for U.S. government launches than it seeks in European tenders.

European officials are pushing Berlin to favor Ariane 6 in a competition with SpaceX to launch a German spy satellite called GEORG, said conservative German lawmaker Alexander Throm.

Thomas Jarzombek, the German government’s aerospace and space policy coordinator, told Throm in a letter in January “it really would not make sense to use public funds to develop a new rocket and then not use it for public purposes.”

(Reporting by Andrea Shalal; Editing by Frances Kerry)

Source: OANN

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Amal Clooney tells UN it faces ‘Nuremberg Moment’ amid US criticism of International Criminal Court

Human rights attorney Amal Clooney implored the United Nations Security Council on Tuesday to bring ISIS fighters to justice and urged them to pass a resolution declaring sexual violence a "weapon of war."

"This is your Nuremberg moment — your chance to stand on the right side of history," she said, referring to the famous Nuremberg trials that tried Nazi officials for their roles in war crimes perpetrated during WWII.

She urged member states to go beyond a draft resolution — combatting sexual violence as a weapon of war— in order to bring ISIS terrorists to justice. "You owe it to ... the thousands of women and girls who must watch ISIS members shave off their beards and go back to their normal lives while they, the victims, never can," she said.

Clooney's speech focused primarily on strengthening the international justice system that would allow Yazidi victims to "look their accusers in the eye."

SRI LANKA ATTACK SHOWS ISIS IS NOT 'JUNIOR VARSITY': COUNTER-TERROR EXPERT

She deplored the fact that in the event that authorities caught ISIS leader Abu Bakr Al-Baghdadi, his case likely wouldn't make it to the International Criminal Court (ICC), a controversial body that tries individuals for crimes such as genocide.

"The United States government has recently said — through its national security adviser John Bolton and its Secretary of State Mike Pompeo — that the ICC is 'dead to us' and that those who support certain ICC investigations can be denied entry to the U.S., have their assets frozen, and may even face arrest," Clooney said.

Pompeo said in March the administration would deny U.S. visas for ICC employees who furthered prosecution against U.S. military and civilian personnel.

“We are determined to protect the American and allied military and civilian personnel from living in fear of unjust prosecution for actions taken to defend our great nation,” he said.

ISIS CALIPHATE HAS CRUMBLED AND LAST STRONGHOLD LIBERATED, FOX NEWS HAS LEARNED

The sexual violence resolution, which passed after Clooney's speech, faced opposition from the United States due to language it worried could be used to support abortion. When the resolution passed, it lacked the original phrasing that guaranteed "comprehensive health services."

"Recognizing the importance of providing timely assistance to survivors of sexual violence, urges United Nations entities and donors to provide non-discriminatory and comprehensive health services, in line with Resolution 2106," the original language read.

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French UN ambassador Francois Delattre blasted the alteration.

"It is intolerable and incomprehensible that the Security Council is incapable of acknowledging that women and girls who suffered from sexual violence in conflict, and who obviously didn't choose to become pregnant, should have the right to terminate their pregnancy," he said.

Source: Fox News World

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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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