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Trump declares ‘Russia hoax’ dead, rips Democrats and FBI at Michigan rally as he eyes 2020

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Developing now, Friday, March 29, 2019

TRUMP VICTORY LAP: President Trump, fired-up in his first major rally since Special Counsel Robert Mueller cleared him of any collusion with Russia, ripped the FBI and Democrats and accused his political foes of trying to defraud the public with "ridiculous bulls--t" ... Declaring the "Russia hoax" dead, Trump predicted that the former Department of Justice and FBI officials who pushed the collusion theory and authorized secret surveillance warrants against members of his campaign would soon have "big problems."

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TRUMP CAN'T WAIT TO CAMPAIGN AGAINST AOC'S GREEN NEW DEAL: At his rally in Grand Rapids, Mich., Thursday night, President Trump also took the time to mock the Democrats' Green New Deal in perhaps a preview of his 2020 re-election campaign ... "I'd rather not talk about it tonight, Trump told his audience, "because I don't want to talk them out of it too soon. Because I love campaigning against the Green New Deal. I want them to make that a big part of their platform."

RECUSAL CONFUSION IN SMOLLETT CASE: Cook County (Ill.) State’s Attorney Kim Foxx did not “formally” recuse herself from the Jussie Smollett case, her office said in a statement Thursday .... The state's attorney's office explained that Foxx used the term "recuse" in a "colloquial" sense rather than a legal sense when she left the case in February. The statement was the latest twist in the saga centering around Smollett, the "Empire" actor whom Foxx's office decided not to prosecute Tuesday for orchestrating an alleged hate-crime hoax.

In addition, the city of Chicago delivered a letter to Jussie Smollett's legal team seeking $130,000 from the actor for "expended on overtime hours in the investigation of this matter." Smollett's lawyers, in turn, have demanded an apology from Mayor Rahm Emanuel and Chicago Police Superintendent Eddie Johnson for "dragging an innocent man’s character through the mud."

PRELIMINARY FINDINGS IN BOEING 737 Max Crash: Officials investigating crash of a Boeing 737 Max airliner in Ethiopia have reached a preliminary conclusion that a suspect flight-control feature automatically activated before the plane hit the ground, the Wall Street Journal reported ...  The Boeing 737 Max has been grounded worldwide since the March 10 crash, which left 157 people, including eight Americans, dead. In October, another Boeing 737 Max operated by Lion Air also crashed, plunging into the sea shortly after takeoff in Indonesia. Officials are investigating whether the same flight-control feature malfunctioned in the October crash of a Boeing 737 Max airliner.

THE SOUNDBITE

DEMS REFUSE TO GIVE UP ON COLLUSION -  "They are lying to the American people because they can’t give it up. It is outrageous and some of these people need to be held accountable. I hope the president calls a special counsel to look into this, because the American people deserve to know how they’ve been manipulated, how they have been used.”– Rush Limbaugh, syndicated radio talk show host legend, on "Special Report with Bret Baier," calling on President Trump to investigate the investigators and the mainstream media following the findings in the Mueller report. (Click the image above to watch the full video.)

TODAY'S MUST-READS
Trump-related school assignment prompts anger, death threats against Houston-area teacher: report.
Jeremy Tedesco: Southern Poverty Law Center wrongly targets conservative groups – like mine.
Report: Dem megadonor waited 15 minutes before calling 911 on second man who died in home.

MINDING YOUR BUSINESS
Wells Fargo CEO Tim Sloan to retire.
Powerball lottery jackpot: Here's the tax damage.
Low-salary jobs that pay off big in retirement.
Five things to know about Lyft ahead of its IPO.

STAY TUNED

On Fox Nation:

Catching El Chapo
A top DEA agent's shocking tell-all about the three-decade-long hunt for the world's most notorious drug lord. Watch a preview HERE.
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Fox Nation is a subscription streaming service offering daily shows and documentaries that you can’t watch anywhere else. Watch from your phone, computer and select TV devices.

On Fox News:

Fox & Friends, 6 a.m. ET: Special guests include: Washington State Gov. Jay Inslee, a 2020 Democratic presidential candidate; Mark Fuhrman explores the case that inspired the Amber Alert system.

Hannity, 9 p.m. ET: Special guests include Judge Jeanine Pirro and Mark Levin, host of "Life, Liberty & Levin."

Fox News @ Night, 11 p.m. ET: An interview with filmmaker Dinesh D’Souza

On Fox Business

Mornings with Maria, 6 a.m. ET: Special guests include: Neel Kashkari, president of the Federal Reserve Bank of Minneapolis.

Varney & Co., 9 a.m. ET: U.S. Rep. Steve Scalise, R-La., House Minority Whip.

On Fox News Radio:

The Fox News Rundown podcast: "Possible Republican Challenger for 2020?" - Former Massachusetts Gov. Bill Weld explains why he is seriously considering running against President Donald Trump as a Republican candidate in 2020. An uneasy ceasefire between Israel and Gaza’s Hamas rulers continues in Gaza as Egyptian moderators try to formalize a truce between the sides. Fox News' Jerusalem correspondent Trey Yingst discusses the latest on the conflict from Gaza City. Don't miss the good news with Fox News' Tonya J. Powers. Plus, commentary by Chris Wallace, host of "Fox News Sunday."

Want the Fox News Rundown sent straight to your mobile device? Subscribe through Apple Podcasts, Google Play, and Stitcher.

The Brian Kilmeade Show, 9 a.m. ET: Amb. Dennis Ross, a former special assistant to President Obama, on latest in the ceasefire between the Israel and Gaza’s Hamas rulers; veteran sports reporter and author Bob Klapisch on his new book, "Inside the Empire: The True Power Behind the New York Yankees”; Kennedy takes on the Mueller report, Smollett case and latest in the 2020 presidential race.

The Todd Starnes Show, Noon ET: Todd discusses President Trump’s rally in Michigan with former Trump campaign manager Corey Lewandowski.

On Fox News Weekend:

Cavuto Live, Saturday, 10 a.m. ET: U.S. Rep Eric Swalwell, D-Calif. on why he is renewing collusion allegations against President Trump. Former U.S. Rep. Trey Gowdy, R-S.C., on calls for House Intelligence Committee Chair Adam Schiff, D-Calif., to resign. Democratic presidential candidate John Delaney on how the Mueller report may impact the 2020 race. Plus, new reaction to the White House taking measures to scrap ObamaCare.

#TheFlashback
2017: Britain files for divorce from the European Union as Prime Minister Theresa May sends a six-page letter to EU Council President Donald Tusk.
1962: Jack Paar hosts NBC's "Tonight" show for the final time. (Johnny Carson would debut as host the following October.)
1951: Julius and Ethel Rosenberg are convicted in New York of conspiracy to commit espionage for the Soviet Union. (They would be executed in June 1953.)

Fox News First is compiled by Fox News' Bryan Robinson. Thank you for joining us! Have a good day and weekend! We'll see you in your inbox first thing Monday morning.

Source: Fox News National

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Thousands of Jordanians join annual protest against Israel

Thousands of Jordanians have protested against the U.S. decision to recognize Israeli sovereignty over the Golan Heights and against the escalation of hostilities between Israel and Hamas in Gaza.

Three thousand demonstrators poured through the streets of Jordan's capital, holding anti-Israel signs and chanting slogans in support of Hamas and against Israeli control of east Jerusalem, which Palestinians seek as their capital for a future state.

Protesters also called for the protection of Al-Aqsa mosque, a flashpoint Jerusalem holy site under Jordanian custodianship.

The march was organized by the Muslim Brotherhood movement and other parties opposed to Jordan's 1994 peace treaty with Israel.

The annual protest, known as Land Day, commemorates events in March 1976 when Israel seized land from northern Arab villages, leading to the killing of six Palestinians.

Source: Fox News World

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Nicaragua: Hefty prison terms for farm leaders in protests

A Nicaraguan judge has given lengthy prison terms to three farmers' leaders who participated in protests against President Daniel Ortega's government.

Defense lawyer Julio Montenegro says the penalties are 216 years for Medardo Mairena, 210 years for Pedro Mena and 159 years for Luis Orlando Pineda.

Mairena was convicted in the death of four police officers and a civilian during last year's unrest, when large demonstrations demanded Ortega quit. Mairena was also accused of "terrorism."

Montenegro rejected the charges and the sentences, calling Mairena's sentence "the most exaggerated." Prosecutors had sought far lesser sentences for all three — in Mairena's case, 73 years.

Nicaraguan law caps prison time actually served at 30 years.

Source: Fox News World

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American suspect ID’ed in Australia killing to be extradited

Authorities have identified an American suspect in the killing of a Thai national whose battered body was found bound and gagged on the side of a road in a high-profile case in Australia.

A federal search warrant filed by the FBI on Friday says Australian authorities issued an arrest warrant for Alex Dion in the killing of 33-year-old Wachira "Mario" Phetmang in June in Sydney. Dion already was in custody on a domestic violence charge in San Diego when the warrant was issued.

The warrant, which marks the first time a suspect was publicly named in the case, was first obtained by a terrorism researcher at George Washington University.

The warrant says Dion is to be extradited to Australia on Friday. It's unclear whether he has an attorney.

Source: Fox News National

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Capital Gazette’s Pulitzer citation: ‘rollercoaster moments’

The editor of the Capital Gazette of Maryland said Monday that his staff experienced some "rollercoaster moments" as it won a special Pulitzer Prize citation for its coverage and courage in the face of a massacre in its own newsroom.

The Gazette, based in the Maryland state capital of Annapolis, published on schedule the day after the shooting attack that claimed five staffers' lives. It was one of the deadliest attacks on journalists in U.S. history. The man charged in the attack had a longstanding grudge against the paper.

Rick Hutzell, editor of Capital Gazette Communications, said the paper had submitted entries for five categories, including a joint entry with The Baltimore Sun for breaking news. Although the Gazette didn't win in any of those five categories, the Pulitzer board awarded it the citatioin together with an extraordinary $100,000 grant to further its journalism.

Hutzell said he thought the Pulitzer judges handled the decision admirably.

"Clearly, there were a lot of mixed feelings," Hutzell said. "No one wants to win an award for something that kills five of your friends."

He also said the paper was aware it would be facing stiff competition.

"It's very difficult when you are reporting in some ways on yourself," he said. "That's not what we do. We're behind the camera, not in front of it."

Five newspaper employees — John McNamara, Wendi Winters, Rebecca Smith, Gerald Fischman and Rob Hiaasen — were killed in the attack last June 28 . The shooting didn't stop other staffers from covering it and putting out a newspaper the next day, with assistance from colleagues at The Baltimore Sun, which is owned by the same company.

Jarrod Ramos, the man charged in the newsroom shooting, had a history of harassing the newspaper's journalists. He filed a lawsuit against the paper in 2012, alleging he was defamed in an article about his conviction in a criminal harassment case in 2011. The suit was dismissed as groundless.

County police arrested Ramos in the newsroom. They said he blocked an exit and then used a shotgun to blast his way through the entrance.

Ramos' trial is scheduled to start in November. He pleaded not guilty last year to first-degree murder charges. April 29 is the deadline for attorneys to change his plea to not criminally responsible by reason of insanity.

In October, the National Press Foundation announced that Hutzell won the Benjamin C. Bradlee Editor of the Year Award . The award was established in 1984 to recognize imagination, professional skill, ethics and an ability to motivate staff.

In December, the newspaper's staff was included by Time magazine among its 2018 Person of the Year honorees.

Source: Fox News National

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The Mueller Probe Was Driven by Pious Hypocrisy

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Special counsel Robert Mueller's two-year, $30 million, 448-page report did not find collusion between Donald Trump and Russia.

Despite compiling private allegations of loud and obnoxious Trump behavior, Mueller also concluded that there was not any actionable case of obstruction of justice by the president. It would have been hard in any case to find that Trump obstructed Mueller's investigation of an alleged crime.

One, there was never a crime of collusion. Mueller early on in his endeavors must have realized that truth, but he pressed ahead anyway. It is almost impossible to prove obstruction of nothing.

Two, Trump cooperated with the investigation. He waived executive privilege. He turned over more than 1 million pages of administrative documents. He allowed then-White House counsel Don McGahn to submit to over 30 hours of questioning by Mueller's lawyers.

Three, anyone targeted by a massive investigation who knows he is innocent of an alleged crime is bound to become frustrated over a seemingly never-ending inquisition.

Trump's reported periodic rages at the Muller investigation are regrettable but not unnatural, given that Mueller expended a huge amount of government resources to confirm what many knew at the outset: that there was never any collusion with the Russian government to warp the 2016 election.

Yet Mueller's team went down every blind alley relating to its investigation -- except where Obama-era officials were likely culpable for relevant unethical or illegal behavior.

The Foreign Intelligence Surveillance Act warrants were integral to Mueller's investigations. But there is no mention of how the FISA court was deceived by not being told that the chief evidence used to obtain the warrants was an unverified dossier paid for in part by the Hillary Clinton campaign and the Democratic National Committee.

Some of the collusion narrative Muller examined was based on FBI informants' unverified stories. Yet strangely, the Mueller team did not investigate whether it was legal in the first place for the FBI, possibly with CIA help, to use informants to spy on a presidential campaign.

Former FBI Director James Comey figures into the Mueller report. But there is no curiosity about whether he broke the law in leaking what may well have been four classified memos of private presidential conversations to the press for the purpose of forcing an appointment of a special counsel.

The Christopher Steele dossier likewise makes an appearance in the Mueller report. But for a team investigating the alleged collusion of foreigners in a U.S. election, there is silence about the salient fact that Steele, a foreign national, enlisted other foreign nationals to dig up dirt on Trump to weaken his election chances -- with part of the funding for this research provided by the Clinton campaign and the DNC.

What bothers many Americans about the collusion hoax is the accompanying sanctimony of the so-called investigators. The Mueller team could have helped itself had it just noted that much of the evidence it looked at was a product of Obama-era officials' unethical or illegal behavior.

Comey wrote a memoir, "A Higher Loyalty." Its eponymous themes are Comey's own ethics and principles. But Comey may well have misled the FISA court and possibly lied under oath to a House committee. He was not candid with federal investigators and leaked confidential and classified government memos.

Former FBI Director Andrew McCabe also wrote a memoir, "The Threat." Its argument is that FBI kingpins such as McCabe protect America from dangers such as Donald Trump. But McCabe himself is under criminal referral for lying to federal investigators. His sworn congressional testimony cannot be reconciled with Comey's. McCabe also likely misled the FISA court. And he apparently contemplated staging a near-coup to remove an elected president through the deliberate misuse of the 25th Amendment.

Former CIA Director John Brennan is a paid analyst for MSNBC who often railed about Trump's "treason" and predicted his indictment. Yet Brennan himself has lied under oath to Congress on two occasions. He likely misled Congress about his role in trafficking in the Steele dossiers. And Brennan's CIA may well have helped the FBI use informants abroad to entrap Trump campaign aides in efforts to find dirt on Trump.

Former Director of National Intelligence James Clapper is a CNN analyst who often predicted that a supposedly treasonous Trump would be indicted. Clapper, too, has lied to Congress under oath. He once denied and then admitted to leaking confidential documents.

The problem with the Muller investigation, and with former intelligence officials such as Brennan, Clapper, Comey and McCabe, is pious hypocrisy. Those who have lectured America on Trump's unproven crimes have written books and appeared on TV to publicize their own superior virtue. Yet they themselves have engaged in all sorts of unethical and illegal behavior.

The only mystery left is whether our elite investigators actually believe their own delusions. Or were they constantly broadcasting their virtue as a preventive defense against growing evidence of their own moral lapses?

(C) 2019 TRIBUNE CONTENT AGENCY, LLC.

Victor Davis Hanson is a classicist and historian at the Hoover Institution, Stanford University. His latest book is The Savior Generals from BloomsburyBooks. You can reach him by e-mailing author@victorhanson.com.

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Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

Source: OANN

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2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

Source: OANN

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FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

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Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

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