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Trump mocks Green New Deal, pokes fun at electric cars during Michigan rally

President Trump returned to a favorite campaign theme at his rally in Grand Rapids, Mich., Thursday night, mocking Democrats' Green New Deal as "an extreme, $100 trillion government takeover" of the economy.

"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."

The plan, championed by Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Ed Markey, D-Mass., calls for the U.S. to shift away from fossil fuels such as oil and coal and replace them with renewable sources such as wind and solar power. It also calls for virtual elimination by 2030 of greenhouse gas emissions that have been tied to climate change. Opponents of the plan have seized on background materials briefly published on Ocasio-Cortez's website, which included a promise that the proposal would include guaranteed economic security even for those "unwilling to work" and a line that noted, "We set a goal to get to net-zero, rather than zero emissions, in 10 years because we aren’t sure that we’ll be able to fully get rid of farting cows and airplanes that fast."

GREEN NEW DEAL FAILS SENATE TEST VOTE AS DOZENS OF DEMOCRATS VOTE 'PRESENT'

"No more airplanes, no more cows," Trump said. "One car per family ... You know, I don't think one car per family in Michigan plays too well, do you agree? Not too well.

"And it's got to be, of course, an electric car," the president went on as the crowd jeered the Green New Deal. "Even if it only goes, what? 160 miles? What do you do? It's 160 miles. Darling, where do I get a charge? Where do I get a charge?"

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Trump's jabs came days after 42 Democrats and Sen. Bernie Sanders, I-Vt., voted "present" on a non-binding resolution that would have begun debate on the Green New Deal. Not a single senator voted to break the filibuster, while 57 senators -- including three Democrats and Sen. Angus King, I-Maine -- voted "no." In addition to Sanders, five Democratic presidential candidates who have previously backed the Green New Deal voted "present": Kamala Harris of California, Cory Booker of New Jersey, Elizabeth Warren of Massachusetts, Amy Klobuchar of Minnesota and Kirsten Gillibrand of New York.

Democrats described the vote, orchestrated by Senate Majority Leader Mitch McConnell, R-Ky., as a "sham vote" meant to avoid a genuine debate on the effects of climate change.

The Associated Press contributed to this report.

Source: Fox News Politics

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Taiwan president denounces Chinese military ‘coercion’

Taiwanese President Tsai Ing-wen says Chinese attempts at what she calls military coercion only strengthen the resolve of the self-governing island republic to defend itself.

Tsai's comments Tuesday follow what the island's defense ministry called a major foray by Chinese military planes into airspace just south of the island on Monday.

That included bombers, fighter jets, and early warning and control aircraft.

Tsai told a security forum in Taipei that such actions "only serve to strengthen our resolve."

China's ruling Communist Party considers Taiwan its own territory, although it has never governed the island, which split from the mainland amid civil war in 1949.

Beijing cut ties with Tsai's government following her 2016 election and has been stepping up military threats and efforts to isolate Taipei diplomatically.

Source: Fox News World

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ABC: WH Has ‘Significant Concern’ About Mueller Report

The White House has been briefed on the Mueller report and, while it will not invoke executive privilege, it has "significant concern" about what is going to be released, according to ABC News' Jon Karl.

"There is significant concern on the president's team about what will be in this report and will be unredacted," Karl told ABC News' "This Week" on Sunday. "The good news is already out there."

Karl was referring to Attorney General William Barr's summary of the Mueller report, which found no evidence of President Donald Trump's campaign conspiring with Russia to meddle in the 2016 presidential election.

Now, the White House will have to take some potential political hits from aspects of special counsel Robert Mueller's investigation, especially the unknown of what former White House legal counsel Don McGahn told investigators during what is reportedly "significantly more than 30 hours with" Mueller's team, according to Karl.

"There is significant concerns about what will be in here – new information on the obstruction of justice question, on what the president was doing regarding some of the big questions," Karl told host George Stephanopoulos.

". . . What worries them most is what Don McGahn told the special counsel. Former White House counsel Don McGahn has visibility on all of this."

Source: NewsMax Politics

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Zuckerberg compensation more than doubles with $22.6 million Facebook paycheck

FILE PHOTO: Facebook's founder and CEO Mark Zuckerberg speaks at the Viva Tech start-up and technology summit in Paris
FILE PHOTO: Facebook's founder and CEO Mark Zuckerberg speaks at the Viva Tech start-up and technology summit in Paris, France, May 24, 2018. REUTERS/Charles Platiau

April 12, 2019

(Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg’s compensation for 2018 more than doubled to $22.6 million, a regulatory filing showed on Friday.

The company has been marred by security issues in the past year that have dented the social media company’s stock.

(Reporting by Sayanti Chakraborty in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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Dollar edges up in thin post-holiday trade after positive U.S. data

Illustration photo of a U.S. Dollar note
A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

April 22, 2019

By Daniel Leussink

TOKYO (Reuters) – The dollar drifted higher against the euro and British pound on Monday, supported by the relative strength of the U.S. economy, though moves remained small as many investors were still away for the long Easter weekend.

Financial markets in Australia, Hong Kong and many major countries in Europe are closed on Monday for the Easter holiday. Currency trading continues globally but volume is expected to be light.

The dollar has found support in recent weeks on the back of a gradual rise in U.S. 10-year Treasury yields and signs of strength in the world’s top economy, including better-than-expected retail sales in March, following a weak start to the year.

“It’s better to say that the euro has been weak rather than that the dollar is strong,” said Yukio Ishizuki, senior currency strategist at Daiwa Securities.

“Traders have mostly priced in the weakness of the euro zone economy by now,” Ishizuki said. “It’s a little bit difficult to see the euro weakening further from here, so I think it will be hard for the dollar to strengthen.”

The dollar index was last down a tenth of a percent at 97.369, drifting slightly lower after booking a 0.4-percent gain last week.

The index remained within striking distance of its 2019 high of 97.71 brushed in early March.

Investors’ immediate focus will be on U.S. existing home sales for March, due at 1400 GMT, for further cues on the health of the U.S. economy.

In February, U.S. home sales surged to their highest in 11 months, as the country’s housing market showed renewed momentum following a pause in interest rate hikes by the Federal Reserve.

The euro was a tad lower at $1.1244, adding to last week’s losses of nearly half a percent after data on Thursday showed that activity in Germany’s manufacturing sector shrank for a fourth straight month in April.

The pound was last down 0.05 percent at $1.2994, dipping below the $1.30 handle and nearly 0.4 percent off a two-month low of $1.2945 hit last month.

Against the Japanese yen, the dollar was 0.1 percent higher at 111.98 yen, within reach of this year’s peak of 112.17 hit on Wednesday last week.

Starting Saturday, Japan will have an unprecedented 10-day holiday from late April to early May to mark the ascension of the new emperor, Crown Prince Naruhito.

Daiwa’s Ishizuki said he expected currency trading by Japanese investors to remain relatively light as traders and companies are shifting into holiday mode.

(Editing by Jacqueline Wong)

Source: OANN

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Maryland Democratic official takes heat for calls to 'dox' gun rights activists

A Democratic Party leader in Maryland is facing criticism for last month posting on Facebook a call to “dox” gun rights activists.

Maryland Democratic Party Secretary Robbie Leonard took to social media to post photos from a Maryland House Judiciary Committee meeting in late February, where gun rights activists wore “We Will Not Comply” shirts during the hearing on additional gun control measures, along with a message calling the advocates “homegrown terrorists” and calling on his followers to “dox” them.

“I hope the FBI runs the name of every witness who is wearing a t-shirt that says ‘We Will Not Comply,’ Leonard said in one Facebook message. “They’re a bunch of terrorists in the making.”

CALIFORNIA DEMS FLEX NEW SUPERMAJORITY, WITH PLANS TO PURSUE GUN TAX AND MORE

In another message, Leonard posted a photo of a protestor along with the comment: “Time to dox some homegrown terrorists.”

Doxing is a practice of researching and broadcasting over the Internet the personal and private information of an individual or organization, normally with malicious intent.

Gun rights groups and lobbyists were quick to condemn Leonard for his comments on social media, pointing out that Maryland’s criminal code prohibits doxing and that the gun rights activists are protected under the First Amendment.

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“The bizarre posts offer a glimpse into the fevered mind of the gun control advocate,” the National Rifle Association’s Institute for Legislative Action said in a post. “Revealing a severe dearth of knowledge regarding the Bill of Rights, in Leonard’s view, federal law enforcement should be employed to intimidate his political enemies for conduct expressly protected under the First Amendment.”

The Maryland Democratic Party did not respond to Fox News’ request for comment.

Source: Fox News Politics

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Russia’s Putin, North Korea’s Kim on track to meet by end of April: Kremlin

A combination of file photos North Korean leader Kim Jong Un and Russia's President Vladimir Putin
A combination of file photos shows North Korean leader Kim Jong Un attending a wreath laying ceremony at Ho Chi Minh Mausoleum in Hanoi, Vietnam March 2, 2019 and Russia's President Vladimir Putin looking on during a joint news conference with South African President Jacob Zuma after their meeting at the Bocharov Ruchei residence in the Black Sea resort of Sochi, Krasnodar region, Russia, May 16, 2013. REUTERS/Jorge Silva/Pool/Maxim Shipenkov/Pool

April 22, 2019

MOSCOW (Reuters) – Russia’ President Vladimir Putin and North Korean leader Kim Jong Un are on track to meet by the end of April, Kremlin spokesman Dmitry Peskov told reporters on Monday.

Last week the Kremlin said that Kim Jong Un would travel to Russia this month, announcing the first Russia-North Korea summit since Kim came to power in 2011.

(Reporting by Anastasia Teterevleva; editing by Gareth Jones)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said trade talks with China are going very well, as the world’s two largest economies seek to end talks with a trade agreement to defuse tensions.

Trump said on Thursday he would soon host China’s President Xi Jinping at the White House.

Earlier this week, the White House said that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer would travel to Beijing for more talks on a trade dispute marked by tit-for-tat tariffs between the two countries.

(Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday praised Russian President Vladimir Putin’s comments on North Korea this week following the Russian leader’s summit with Pyongyang’s Kim Jong Un.

Speaking to reporters at the White House, Trump also said China was helping with efforts aimed at the denuclearization of North Korea.

(Reporting by Jeff Mason and Makini Brice; Writing by Susan Heavey; Editing by Chizu Nomiyama)

Source: OANN

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