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Trump Thanks Pelosi For ‘No-Impeachment’ Stance, But Notes “Minor Fact That I Never Did Anything Wrong”

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Greece: 4 bodies recovered from car swept into river

Greek authorities say rescue crews have recovered the bodies of four people who were swept away in their car by a swollen river on the southern island of Crete, following heavy rainfall in the region.

The fire department said rescue crews located the car in the Geropotamos river on Monday, with all four people still inside.

The four — a young married couple, the wife's sister and her mother — had reportedly been returning from a wedding celebration nearby late on Saturday night when their car was swept away by floodwaters. Two calls were made to emergency services from the car at around 1 a.m. Sunday, but rescue crews were unable to reach them in time despite a massive search operation.

Source: Fox News World

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Stock futures higher as Fed kicks off policy meeting

A trader passes by screens showing Spotify on the floor at the NYSE in New York
FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. REUTERS/Brendan McDermid

March 19, 2019

By Medha Singh

(Reuters) – U.S. stock futures rose slightly on Tuesday as investors anticipated a more accommodative policy stance from the U.S. Federal Reserve in a two-day policy meeting this week.

A flurry of downbeat economic data this month has supported market expectations that the Fed may reinforce a halt to further rises in interest rates.

The Fed concludes its deliberations with a news conference on Wednesday.

Investors will also be watching out for the central bank’s “dot plot,” a diagram showing individual policymakers’ rate views for the next three years, along with details on its plan to reduce holdings in bonds.

Traders currently expect no rate hikes this year, and are even building in bets for a rate cut in 2020.

Optimism that the Fed will remain less aggressive in raising rates and hopes of a resolution to a bitter trade dispute between the U.S. and China helped the markets claw back most of their losses from late last year.

The benchmark S&P 500 hovers at a five-month high and is just 3.5 percent away from its September record closing high.

At 7:04 a.m. ET, Dow e-minis were up 102 points, or 0.39 percent. S&P 500 e-minis were up 11.25 points, or 0.4 percent and Nasdaq 100 e-minis were up 27 points, or 0.37 percent.

Technology and financial stocks helped Wall Street’s three main indexes rise on Monday, the benchmark index and the tech-heavy Nasdaq’s fifth rise in last six sessions.

The blue-chip Dow’s advance has been hindered by Boeing Co as the world’s largest planemaker faces increased scrutiny in the wake of two deadly crashes of its 737 MAX aircraft in five months.

Boeing shares slipped 0.6 percent in premarket trading on Tuesday after shedding about 12 percent since the March 10 plane crash in Ethiopia.

Chip designer Nvidia Corp jumped 1.6 percent on partnering with Softbank Group Corp and LG Uplus Corp to deploy cloud gaming servers in Japan and Korea later this year.

In economic news, data at 10 a.m. ET is expected to show new orders for U.S.-made goods rose 0.3 percent in January after edging up 0.1 percent the month before.

(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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UK construction activity slows for second month running: IHS Markit

Cranes fill the sky above a construction site in central London
Cranes fill the sky above a construction site in central London, Britain August 21, 2018. REUTERS/Phil Noble

April 2, 2019

By David Milliken

LONDON, (Reuters) – British construction activity slowed slightly for a second month in a row in March, as businesses continued to postpone major building projects due to Brexit uncertainty, an industry survey showed on Tuesday.

The IHS Markit/CIPS purchasing managers’ index (PMI) edged up to 49.7 from 49.5 but remained below the 50 mark that divides growth from contraction, representing the first back-to-back fall in output since August 2016, just after Britain voted to leave the European Union.

Housebuilding continued to record moderate growth, but civil engineering fell and commercial projects – such as new shops, factories or warehouses – dropped off at the fastest rate since September 2017.

“Brexit-related uncertainty continued to generate indecisiveness, ultimately hitting order book volumes,” said Joe Hayes, an economist at IHS Markit, which compiles the survey.

Official data last week showed construction output grew just 0.3 percent in 2018, the weakest in six years.

Although new orders grew slightly faster in March, they were below their long-run average and construction firms reported tougher-than-usual competition, IHS Markit said.

Builders also reported increasing delays in getting supplies, due to low stocks and stretched capacity from vendors, while raw material costs rose at the fastest rate in four months, due to a weak currency and some shortages.

The survey had previously shown delays to building supplies, in February, when the construction industry blamed a lack of transport capacity due to increased pre-Brexit stockpiling by manufacturers who relied on imports from the EU.

March’s survey of manufacturers, released on Monday, showed a further increase in stockpiling to a fresh survey-record level for a major advanced economy.

Britain had been due to leave the EU on March 29 but Prime Minister Theresa May was forced to ask the EU for a delay after parliament refused to back the exit plans she had negotiated with Brussels.

Currently, Brexit is due to take place at 2200 GMT on April 12 unless May comes up with another option.

(Reporting by David Milliken; Editing by Hugh Lawson)

Source: OANN

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Man charged with cyber threats against Jews, Muslims, blacks

Federal prosecutors say a Pennsylvania man created a digital image of himself pointing an AR-15 rifle at a group of praying Jewish men and posted it online.

The image is one of several alleged threats against Jewish, Muslim and black people that authorities say were posted by 30-year-old Corbin Kauffman.

They say the Lehighton (lee-HY'-tun) man also sprayed anti-Semitic graffiti at a park; plastered an Ocean City, Maryland, Jewish center's display case with white supremacist and anti-Semitic stickers; and posted photos of the vandalism.

Kauffman was charged last week with interstate transmission of threats. Federal prosecutors announced the charge Thursday.

Kauffman's lawyer declined to comment.

Last fall, a gunman with an AR-15 rifle and other weapons opened fire at Pittsburgh's Tree of Life Synagogue, killing 11. Authorities in that case say Robert Bowers expressed hatred of Jews.

Source: Fox News National

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Boost to India’s ruling party from terror strike waning ahead of election: poll

FILE PHOTO: India's Prime Minister Narendra Modi gestures as he addresses an election campaign rally in Meerut
FILE PHOTO: India's Prime Minister Narendra Modi gestures as he addresses an election campaign rally in Meerut in the northern Indian state of Uttar Pradesh, India, March 28, 2019. REUTERS/Adnan Abidi/File Photo

March 30, 2019

By Subrat Patnaik

NEW DELHI (Reuters) – The potential benefits accruing to Indian Prime Minister Narendra Modi’s ruling alliance from a spike in nationalist sentiment following recent clashes with arch rival Pakistan might be waning, results of a nationwide opinion poll suggested.

Tensions with neighboring Pakistan soared after a suicide bomb attack in the Indian part of the disputed Kashmir region killed 40 Indian paramilitary police last month. The bombing was claimed by a Pakistan-based militant group.

That led national sentiment on security and terror-related issues in India to peak at nearly 29 percent in early March after India retaliated with airstrikes on a suspected militant camp in northern Pakistan, according to CVoter polling agency.

However, it has since waned to about 15 percent, as tensions have cooled, the agency said, citing its daily tracker of national sentiment.

Graphic link to India’s national sentiment: https://tmsnrt.rs/2CV8OSj

“A cliff-fall for (the) security narrative complicates BJP’s positioning as this is one issue where BJP comprehensively dominates the Congress and in fact entire opposition,” CVoter said, referring to Modi’s ruling Bharatiya Janata Party (BJP) that will face off against the main opposition Congress in the general election scheduled to begin on April 11.

Pollsters say the airstrikes and nationalist rhetoric had diverted attention away from socio-economic issues, including increasing unemployment and an agrarian crisis, that critics have often used to lambaste Modi’s policies.

The new poll numbers suggest those issues may be back on voters’ minds, CVoter said.

At election rallies in recent weeks the BJP has played up the airstrikes and a subsequent anti-satellite missile test that Modi hailed as making India a military space power. Some opposition parties criticized the anti-satellite test announcement as a political gimmick.

“The impact of mission Shakti (anti-satellite missile) test is anticipated to show in the next few days,” CVoter said.

A coalition led by Modi’s BJP is widely expected to retain power in the looming general election, the world’s biggest democratic exercise with about 900 million eligible voters. Final results of the vote will be available on May 23.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

India’s national sentiment (interactive link) https://tmsnrt.rs/2CV8OSj

India’s national sentiment https://tmsnrt.rs/2CIlbAU

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

(Additional reporting by Zeba Siddiqui in New Delhi; EDiting by Shri Navaratnam)

Source: OANN

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Trump Does Not Want Government to Lead 5G Effort

President Donald Trump said on Friday that he does not want government to lead the effort to deploy next-generation 5G wireless networks.

"In the United States our approach is private-sector driven and private-sector led. The government doesn't have to spend lots of money," Trump said at a White House event on 5G deployment.

"As you probably heard, we had another alternative of doing it that would be through government investment and leading through the government. We don't want to do that because it won't be nearly as good, nearly as fast," he said.

Source: NewsMax Politics

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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Al-Qaida in Yemen is vowing to avenge beheadings carried out by Saudi Arabia this week — an indication that some of the 37 Saudis executed on terrorism-related charges were members of the Sunni militant group.

Al-Qaida in the Arabian Peninsula, as the branch is called, posted a statement on militant-linked websites on Friday, accusing the kingdom of offering the blood of the “noble children of the nation just to appease America.”

The statement says al-Qaida will “never forget about their blood and we will avenge them.”

U.S. ally Saudi Arabia on Tuesday executed 37 suspects convicted on terrorism-related charges. Most were believed to be Shiites but at least one was believed to be a Sunni militant.

His body was pinned to a pole in public as a warning to others.

Source: Fox News World

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For two friends with checkered pasts it was the luck of a lifetime: a 4 million-pound ($5.2 million) lottery win.

But Mark Goodram and Jon-Ross Watson may see their celebrations cut short.

The Sun newspaper reports that Britain’s National Lottery is withholding the payout as it investigates whether the men, who have a string of criminal convictions, used illicit means to buy the winning ticket.

The Sun said neither man has a bank account, leading lottery organizers to investigate how they obtained the bank-issued debit card that paid for the 10 pound ($13) scratch card.

Camelot, which runs the lottery, said Friday it couldn’t confirm details of the story because of winner-anonymity rules. The firm said it holds a “thorough investigation” if there is any doubt about a claim.

Source: Fox News World

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