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Czech police arrest 2 suspects in German train attack case

Austria's top security official says Czech authorities have arrested two men suspected of forming a terror cell with a man detained over unsuccessful attacks on trains in Germany.

The first suspect, a 42-year-old Iraqi, was arrested in Vienna on Monday. He's suspected of carrying out two attacks late last year, in one of which a high-speed train hit a steel cable stretched over tracks between Nuremberg and Munich. Nobody was hurt.

The Austria Press Agency reported that Interior Minister Herbert Kickl told Austria's parliament Thursday two more suspects believed to have formed a cell with the Iraqi were arrested in Prague.

Czech police said they arrested two foreigners at Austria's request, and that they were detained at Prague Airport shortly after arriving on Wednesday. They declined to give further details.

Source: Fox News World

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Greenpeace Co-Founder Moore: Climate Crisis 'Fake,' AOC 'Twit'

Dr. Patrick Moore, whose claims of being a Greenpeace co-founder are again being denied by the organization, insisted Tuesday that claims of a climate crisis are "fake news," and ridiculed Rep. Alexandria Ocasio-Cortez's, D-N.Y., "Green New Deal" as unworkable while explaining why he had called her a "pompous little twit" earlier this month.

"It's a silly plan," Moore told Fox News' "Fox & Friends." "That's why I suggested that she was a pompous little twit, twit meaning silly in the British lexicon and pompous meaning arrogant. She really rubbed me the wrong way when she said she's the boss. Because she can make up a proposal that's completely ridiculous and no one else did."

Moore said Tuesday "of course climate change is real," but the "whole climate crisis, as they call it, is not only fake news, it's fake science . . . a little bit of warming would not be a bad thing for myself, being a Canadian. And the people in Russia wouldn't mind a little couple of degrees warmer either."

President Donald Trump tweeted Moore's quote on the climate crisis, adding a "wow!" at the end of his comment, but Greenpeace spoke out about Moore and his comments.

Greenpeace, however, has long denied Moore was a co-founder, even though he had been listed as one on its websites until around 2007, reports The Daily Caller. The organization tweeted Tuesday it does not agree with his statements.

"Patrick Moore was not a co-founder of Greenpeace," Greenpeace USA tweeted. "He does not represent Greenpeace. He is a paid lobbyist, not an independent source. His statements about @AOC & the #GreenNewDeal have nothing to do with our positions."

Source: NewsMax Politics

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BuzzFeed Caught in Huge Lie About Notre Dame Fire

BuzzFeed lied about the reaction to the Notre Dame fire by claiming that a perfectly legitimate video showing respondents posting smiley emoticons in response to the blaze was a ‘hoax’.

It wasn’t a hoax.

In an article entitled Here Are The Hoaxes And Misinformation About The Notre Dame Fire, BuzzFeed’s Jane Lytvynenko wrote the following;

“InfoWars contributor Paul Joseph Watson tweeted a link to video that claims to show Muslim people celebrating the fire. Watson was amplifying content from a far-right personality named Damien Rieu.”

“Critically, the video in question does not show what people on Facebook were reacting to. It’s also difficult to know the religion of each person reacting to a video en mass. So we really have no idea what was going on here, and there is no proof to back up this claim.”

This is an outright lie. The video in question does show what people on Facebook were reacting to.

Here’s the video I posted.

And here’s the original Facebook video.

As you can see from the original, the respondents are clearly reacting to the Notre Dame fire.

By claiming this to be a “hoax,” BuzzFeed is itself perpetrating a hoax.

Apparently, Lytvynenko thinks that placing a yellow ‘NOPE’ sticker across the tweet invalidates its accuracy. It doesn’t.

BuzzFeed’s Ryan Broderick also lied in claiming the video was “sourceless”. It wasn’t sourceless. The source is the embedded original Facebook video above.

In addition, France 24 Arabic’s Facebook page is awash with comments from respondents writing in Arabic celebrating the fire, as can be seen from the screenshot below.

null

I gathered these comments from just two threads out of numerous threads on the fire.

Does this mean all Muslims are celebrating the fire? No.

Does it mean BuzzFeed is lying when they claim I am inventing this reaction?

Yes.

Instead of denouncing this vile rhetoric, BuzzFeed is claiming I made it up.

This is why fewer people trust the media. This is why BuzzFeed is having to lay off staff.

They invent outright falsehoods without conducting any proper research in order to demonize their ideological enemies.

Source: InfoWars

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Estonia shuts Danske Bank branch at heart of money laundering saga

FILE PHOTO: Danske Bank sign is seen on a building in Copenhagen
FILE PHOTO: A Danske Bank sign on a building in Copenhagen, Denmark, September 27, 2018. REUTERS/Jacob Gronholt-Pedersen/File Photo *** Local Caption *** Jacob Gronholt-Pedersen - RC1711E5CAF0

February 19, 2019

By Tarmo Virki and Jacob Gronholt-Pedersen

TALLINN/COPENHAGEN (Reuters) – Danske Bank will pull out of Russia and the neighboring Baltic states, the Danish lender said after Estonia ordered it to close the branch at the center of one of the largest-ever money laundering scandals.

Danske is under investigation in Denmark, Estonia, Britain and the United States over some 200 billion euros ($226 billion) in payments from Russia, ex-Soviet states and elsewhere that were found to have flowed through its Estonian arm.

On Tuesday, Estonia’s financial regulator took the unexpected step of demanding Danske close its local branch and repay customers’ deposits within eight months, overturning the lender’s plan to scale back but keep business in the country.

Danske said last year it hoped to serve subsidiaries of Nordic customers in the Baltics.

It made an about-turn minutes after the announcement from Estonia’s regulator, publishing a statement to say it would close down its business in Latvia, Lithuania, Russia and Estonia.

Danske’s operations in those four countries earned 657 million Danish Crowns ($100 million) of income, according to its 2018 annual report.

It has more than 3,000 staff in those countries, although many will stay because Danske will not close its large administrative back-office operation in Lithuania.

In ordering Danske to leave Estonia, Kilvar Kessler, the head of Estonia’s regulator Finantsinspektsioon, was heavily critical of the bank and deflected blame onto Denmark for mishandling the case.

Kessler said the bank’s alleged flouting of money-laundering rules had “dealt a serious blow” to the reputation of the Estonian financial market.

The Estonian regulator was “the only institution in Estonia or Denmark to react to the activities of Danske Bank”, Kessler said, reflecting rising tensions with Denmark over who is responsible for the scandal.

He said that he was “not convinced that such activities would not continue in Danske”, telling journalists that the Danish regulator had handled the bank with “silk gloves”.

Danske Bank, which saw its profit tumble by more than a quarter last year, said that its decision to close operations in Russia and the Baltics was in line with its refocusing on the Nordics. It said it has stepped up anti money-laundering efforts.

The Danish Financial Authority had no immediate comment.

The Estonian ultimatum was made public as Danish and Estonian regulators found on Tuesday they are being investigated by the European Union’s own banking watchdog over a possible breach of EU law relating to alleged money-laundering at Danske Bank.

The Danske case, which focuses on money moved between 2007 and 2015, has raised questions about supervision of the Danish bank, prompting the EU’s executive European Commission to ask the European Banking Authority (EBA) to investigate.

The EBA’s investigation will take two months. If it finds a breach of EU law, it can make recommendations to the two regulators to address failings.

(Writing by John O’Donnell; Additional reporting by Huw Jones in London; Editing by Rachel Armstrong, Alexander Smith and Jan Harvey)

Source: OANN

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The Latest: Venezuela judge seeks to strip Guaido’s immunity

The Latest on Venezuela's Crisis (all times local):

5 p.m.

Venezuela's chief justice is asking pro-government lawmakers to strip opposition leader Juan Guaido of immunity from prosecution.

The request by Supreme Court Justice Maikel Moreno on Monday takes a further step toward prosecuting Guaido for alleged crimes.

Guaido is seeking to oust President Nicolas Maduro with support from the United States among some 50 countries who declared Maduro's presidency as illegitimate. Moreno is a political ally of the Maduro.

Moreno asked the pro-Maduro National Constituent Assembly to waive immunity Guaido holds as a member of Venezuela's National Assembly.

Officials loyal to Maduro have already said that Guaido is under investigation for inciting violence against the government and receiving illicit funds.

__

4 p.m.

Venezuelans struggled on Monday to understand an announcement by President Nicolas Maduro that the nation's electricity is being rationed to combat daily blackouts.

Office worker Raquel Mayorca said she didn't know if her lights were off because of another power failure — or whether it was part of the government's plans.

"We are worse off now more than ever," she said, adding that the power was out on one side of the street, but working on the other. "We do not know if the light went out due to a blackout, or whether they took it away because of the rationing."

A day earlier, Maduro said that he was instituting a 30-day plan that would balance generation and transmission with consumption. He also called on Venezuelans to stay calm, but provided no further details.

Meanwhile, opposition leader Juan Guaido continued his calls for Maduro to step down and appeared to use the blackouts as political capital, saying years of neglect by the socialist government had left the grid in shambles.

"We must unite now more than ever," said Guaido at a Caracas university on Monday. "We must mount the biggest demonstration so far to reject what's happening."

As the lack of electricity became the latest sticking point in an ongoing political standoff, however, many Venezuelans simply found themselves wondering what the newly announced rationing plan would entail.

Source: Fox News World

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Bill Maher Used To Like Mueller — Now: ‘I Don’t Need The Mueller Report To Know Trump Is A Traitor’

Bill Maher claimed Friday that Democrats may have “put too much trust” in special counsel Robert Mueller after the latter released his report with no new indictments.

“I don’t need the Mueller report to know Trump is a traitor. I have a TV,” Maher said. (RELATED: Ben Shapiro Drowns Bill Maher In Logic On Civility: ‘I Needed 600 Officers To Protect Me At Berkeley’)

WATCH:

But Maher, like many others in the media, only came to this conclusion — that Mueller’s report is essentially irrelevant to what he’s certain happened regardless of evidence — when it became clear that the president was not going to be led away from the White House in handcuffs.

Take a look at the glowing praise Maher had for Mueller in the months leading up to Friday’s announcement.

June 2017:

September 2017:

May 2018:

July 2018:

That’s quite a departure.

Follow Virginia on Twitter 

Source: The Daily Caller

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Exclusive: Banks shun Tereos attempt to secure wider funding – sources

FILE PHOTO: The Tereos logo is displayed at a sugar beet processing plant in Origny-Sainte-Benoite
FILE PHOTO: The Tereos logo is displayed at a sugar beet processing plant in Origny-Sainte-Benoite, France, March 20, 2019. REUTERS/Benoit Tessier/File Photo

April 18, 2019

By Sybille de La Hamaide

PARIS (Reuters) – An attempt by French sugar group Tereos to spread risk on a 250 million euro ($281 million) loan secured earlier this year has failed to attract bidders, leaving three main creditor banks with exposure, sources familiar with the matter said.

Tereos, the world’s second-biggest sugar producer, has struggled to cope with poor market conditions since the European Union’s output quota regime ended in 2017, warning that it would post a loss for a second year in a row this season.

The debt-laden cooperative group said in February it had subscribed a 250 million euros ($281 million) loan with BNP Paribas, Natixis and Rabobank, to reimburse half of its 2020 bond one year in advance.

Tereos then launched a syndication round with about 10 banks, including other members of its banking pool and new ones, in a bid to spread the risk, the sources said.

The call, for 50 million euros, failed to attract any bidders by April 15, they said.

“The group is in constant dialogue with its financial partners on various financing operations around the world. The group does not comment on these non-public discussions which, taken in isolation, may give a misleading picture of the group’s funding,” Tereos said in an email statement.

Potential bidders were put off by tough conditions for European sugar producers faced with a collapse in prices but also by the company’s high debt level and poor results expected this year, one source said.

“The problem here was significant risk. The pricing offered failed to attract banks,” one source said. “This means they will have to pay more and go elsewhere.”

The departure of the group’s Chief Financial Officer, Olivier Casanova, responsible for presenting the syndication offer, discouraged potential participants, the source said.

Natixis and BNP declined to comment. Rabobank was not immediately available to comment.

DEBT MOUNTS

Tereos held net debt of 2.7 billion euros by Dec. 31, up 4.5 percent on the year, putting the net debt to adjusted EBITDA ratio at 8.0 versus 4.1 a year earlier.

Concerns about Tereos’ financial health in a difficult sugar market sent yields on the group’s bonds to all time highs late last year and they have remained high since with Tereos’ June 2023 bond yielding 8.5 percent on Thursday.

The sugar maker said in February it maintained at group level a financial security of 1 billion euros as of Dec. 31, 2018, including a still undrawn 225 million euros back-up facility, despite plunging profits.

A surge in output after the European Union abolished production quotas and a 40 percent slump in prices since early 2017 in an oversupplied world market has hit profits for several European firms.

Suedzucker, Europe’s largest sugar refiner, said in February it would halt sugar output at two factories of its French branch Saint Louis Sucre while French competitor Cristal Union is planning to shut another two.

Tereos has said that the group does not expect to close any plants in France.

The group is looking at opening its business to partners to boost diversification and internationalization. The process could take two or three years, it said.

($1 = 0.8887 euros)

(Additional reporting by Mathieu Protard in Paris and Jonathan Saul in London; Editing by Veronica Brown and Alexandra Hudson)

Source: OANN

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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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