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Saudi says May will be key to decide on extending supply cut deal

FILE PHOTO: Saudi Arabia's Energy Minister Khalid al-Falih speaks during the Saudi-India Forum in New Delhi
FILE PHOTO: Saudi Arabia's Energy Minister Khalid al-Falih speaks during the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis/File Photo

April 8, 2019

RIYADH (Reuters) – The Saudi energy minister said on Monday it was premature to say whether there was consensus among OPEC and its allies to extend a supply cut agreement, but a meeting in May would be key as by then the effect of current reductions would be clearer.

A joint OPEC and non-OPEC ministerial committee known as the JMMC is set to meet in May.

“JMMC will be a key decision point because we will certainly by then know where the consensus view is and, more importantly, before we ask for consensus, we will know where the fundamentals are pointing. I think May is going to be key,” Khalid al-Falih said.

Oil inventories remain higher than average but the market is on its way towards rebalancing, Falih added.

(Reporting By Rania El Gamal and Stephen Kalin; Editing by Kirsten Donovan)

Source: OANN

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For Dems, Mueller was a ‘saint’ but now Barr is a ‘sinner’: Victor Davis Hanson

Democratic lawmakers are putting pressure on Attorney General William Barr to release the Mueller report but that may ultimately lead to more disappointment for their party, Hoover Institute senior fellow Victor Davis Hanson argued Friday.

Earlier in the day, Barr sent a letter to Congress, informing lawmakers that the Department of Justice may release the report on the two-year-long Russia investigation "by mid-April, if not sooner," after the redacting of classified information. That target falls after the April 2 deadline set by House Judiciary Committee Chairman Jerry Nadler, D-N.Y.

During Friday's All-Star panel segment of Fox News' "Special Report with Bret Baier," Hanson -- along with Washington Times opinion editor Charles Hurt and Reuters White House correspondent Jeff Mason -- weighed in on the ongoing battle between Democrats and the Department of Justice.

CLICK HERE TO VIEW THE FULL SHOW

Hanson began by declaring as “fact” that the Mueller report will eventually be released, but insisted that “hysterical” people made Special Counsel Robert Mueller “into a saint” while the investigation was underway but have now made Barr “into a sinner” over the lack of transparency thus far about Mueller's findings.

“Unfortunately, they’ve learned nothing and forgotten nothing because this thing is going to come out in two weeks," Hanson said, "and just as they didn’t know what was coming out in the Mueller report and they pontificated and sermonized and were sorely disappointed, if they don’t watch out, they’re going to make all sort of prognostications and predictions that won’t be borne out.

“So I don’t see the two-week timeframe as a big problem," he added. "They should just be quiet, trust William Barr, let the thing come out and they’ll either be confirmed or denied.”

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Hurt accused congressional Democrats of “politicking” and asserted that the party sees Barr’s letters to Congress as an “opportunity to complain” about not being able to see the full report sooner.

Meanwhile, Mason pointed to President Trump’s call to release the report in its entirety.

Source: Fox News Politics

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Mother pleads guilty in teen’s murder, dismemberment

A woman has pleaded guilty in the 2016 rape, murder and dismemberment of her 14-year-old daughter.

Former adoptions supervisor Sara Packer appeared in a suburban Philadelphia courtroom Friday afternoon and pleaded guilty to first degree murder and 18 other charges in exchange for a life sentence.

Packer admitted in court last week that she plotted to murder her adoptive daughter, Grace Packer, saying she hated the teenager and "wanted her to go away."

Sara Packer's boyfriend, Jacob Sullivan, pleaded guilty to first-degree murder and related offenses and was sentenced to death.

Packer says she helped Sullivan tie Grace up and watched as he raped and strangled her. The couple stored Grace's body in cat litter for several months before dismembering it and dumping it in a wooded area.

Source: Fox News National

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Texas cops find 275 pounds of pot next to baby in car seat, women arrested: report

Texas Border Patrol officials said they discovered a baby in a car seat next to 275 pounds of marijuana after they pulled a vehicle over last Friday, a report said.

Ashley Renee Resendiz, 22, and Carla Michelle Resendiz, 47, both of Texas, were arrested for possession of marijuana with intent to distribute and conspiracy to possess marijuana with intent to distribute, according to Dallas Morning News.

BORDER PATROL SPOTS DRONE TRYING TO HELP MIGRANTS ILLEGALLY ENTER AMERICA

A witness called Border Patrol Friday after allegedly seeing the suspects’ vehicle being loaded with what looked like drugs.

Agents released the baby into the custody of a relative and confiscated the five bundles (totaling 275.36 pounds) of marijuana, Dallas Morning News reported.

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Carla Resendiz’s bail was set at $75,000 Thursday. Ashley Resendiz's hearing is scheduled for Friday.

Source: Fox News National

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Key moments in Kim Jong Un’s diplomatic charm offensive

North Korean leader Kim Jong Un's summit with Russian President Vladimir Putin this week expands a diplomatic charm offensive that has included meetings with leaders from China, South Korea and the United States. Some key moments:

Jan. 1, 2018: In his New Year's address, Kim calls for improved relations with South Korea and offers to send a delegation to the Winter Olympics there.

February 2018: North Korea sends hundreds of people to Pyeongchang Games in South Korea, including Kim's sister, who conveys her brother's desire for a summit with President Moon Jae-in.

March 7, 2018: After visiting Kim in Pyongyang, South Korean presidential envoy Chung Eui-yong says Kim is willing to discuss the fate of his nuclear arsenal with the United States. Days later, President Donald Trump accepts Kim's invitation to meet following a conversation with Moon's envoys.

March 27, 2018: Kim makes a surprise visit to Beijing for a meeting with Chinese President Xi Jinping in an apparent move to strengthen his leverage ahead of his negotiations with Trump.

April 21, 2018: North Korea says it has suspended nuclear and long-range missile tests and announces plans to close its nuclear test site as part of a move to shift its national focus and improve its economy. Trump tweets: "This is very good news for North Korea and the World" and "big progress!"

April 27, 2018: Kim holds a summit with Moon. The leaders announce vague aspirational goals of a nuclear-free Korean Peninsula and permanent peace.

May 7, 2018: Kim meets Xi again in China and calls for stronger strategic cooperation between the traditional allies.

May 9, 2018: U.S. Secretary of State Mike Pompeo visits Pyongyang to prepare for the planned Trump-Kim summit. North Korea releases three Americans who had been imprisoned, and they return with Pompeo to the United States.

May 24, 2018: North Korean diplomat Choe Son Hui releases a statement referring to Vice President Mike Pence as a "political dummy" for his critical comments on the North and saying it was up to the Americans whether they would "meet us at a meeting room or encounter us at nuclear-to-nuclear showdown." Trump announces he's pulling out of his summit with Kim, citing the North's "tremendous anger and open hostility."

May 26, 2018: Kim and Moon meet at a border village in an effort to revive the summit with Trump. Moon says Kim reaffirmed his commitment to denuclearize but also said he was unsure whether he could trust the United States to provide a credible security guarantee in return.

June 1, 2018: After meeting North Korean envoy Kim Yong Chol at the White House, Trump says his meeting with Kim Jong Un is back on for June 12.

June 12, 2018: Trump and Kim meet in Singapore, where they repeat the first inter-Korean summit's vague statement on the peninsula's denuclearization without describing when and how it will occur.

June 19, 2018: Kim visits Beijing for his third meeting with Xi, who praises the "positive outcome" of the Trump-Kim meeting.

Aug. 24, 2018: Trump cancels a scheduled trip to North Korea by Pompeo citing lack of "sufficient progress" on denuclearization.

Sept. 19, 2018: Kim and Moon hold their third summit in Pyongyang and the North says it's willing to permanently dismantle its main nuclear complex in Yongbyon if the United States takes unspecified corresponding measures. The Koreas also vow to resume joint economic activities when possible, voicing optimism that international sanctions could end and allow such projects.

Jan. 1, 2019: Kim in his New Year's speech says he hopes to continue his nuclear summitry with Trump, but also that he would seek a "new way" if the United States persists with sanctions and pressure against the North.

Jan. 8, 2019: Kim visits Beijing for his fourth summit with Xi, vows to "achieve results" on the nuclear standoff in his next summit with Trump.

Feb. 8, 2019: Trump announces the Vietnamese capital, Hanoi, as the venue of his second summit with Kim.

Feb. 27-28, 2019: Trump and Kim's second summit breaks down over what the Americans describe as excessive North Korean demands for sanctions relief in exchange for partial disarmament steps limited to the Yongbyon complex.

April 13, 2019: Kim says he is open to a third summit with Trump, but sets the year's end as a deadline for Washington to offer mutually acceptable terms for an agreement.

April 23, 2019: North Korea says Kim will soon visit Russia to meet with Putin.

Source: Fox News World

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PC maker Lenovo returns to third-quarter profit, beats estimates

FILE PHOTO: A Lenovo ultrabook and a tablet are displayed during a news conference in Hong Kong
FILE PHOTO: A Lenovo ultrabook and a tablet are displayed during a news conference in Hong Kong, China May 21, 2015. REUTERS/Bobby Yip/File Photo

February 21, 2019

By Sijia Jiang and Donny Kwok

HONG KONG (Reuters) – Lenovo Group Ltd said on Thursday it swung back to a net profit in the December quarter, beating market expectations, due to a strong performance across its major business groups.

Profit for the quarter was $233 million, versus a loss of $289 million in the same period a year earlier when the world’s largest personal computer (PC) maker by shipments took a one-off hit following U.S. tax reform.

The result was ahead of the $207 million average of 10 analyst estimates compiled by Refinitiv.

Revenue rose 8.5 percent to $14.04 billion on a strong performance in its PC and Smart Device business and its Data Center business, just beating the $13.95 billion analyst view.

Its Mobile Business Group also recorded a pre-tax profit for the first time since it bought Motorola in 2014 for $2.9 billion, having struggled to integrate the assets.

Lenovo said revenue for its PC and Smart Device Business rose 12 percent in the three months period.

(Reporting by Sijia Jiang; Editing by Christopher Cushing and Richard Pullin)

Source: OANN

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Afghan Supreme Court allows Ghani term to cover delay to election

FILE PHOTO: Munich Security Conference in Munich
FILE PHOTO: Afghanistan's President Ashraf Ghani attends a meeting with U.S. Vice President Mike Pence during the annual Munich Security Conference in Munich, Germany February 16, 2019. REUTERS/Michael Dalder/File Photo

April 22, 2019

KABUL (Reuters) – Afghanistan’s Supreme Court has ruled that President Ashraf Ghani can stay in office until a much-delayed presidential election, which is due to be held after his mandate expires next month, officials said.

The election, originally scheduled for April this year, has been postponed twice to allow more time to organize the poll, first to July and then to Sept. 28, well after the official end of Ghani’s five-year term on May 22.

Amid growing division in Kabul, opposition politicians demanded he step down as soon as his mandate ends and give way to an interim government to oversee peace talks with the Taliban. Ghani, seeking a second term, has ruled that out.

Government officials, speaking on condition of anonymity, confirmed the court decision, but the way the news was announced underscores the confusion in Afghan politics as Ghani’s term nears its end.

Television station Ariana TV first carried the news on Sunday, citing a court document ruling that the constitution allowed the president to remain in office until the election.

However, with political rivals attacking the move and accusing the government of imposing the ruling, the court refused to confirm the decision, saying it was for the government to announce.

The presidential palace press office said only the court could announce its own decision.

In a short video statement it said that the government remaining in office for another six months was in line with what happened before elections in 2009 and 2014.

Atta Mohammad Noor, leader of the Jamiat-e Islami party and a former provincial governor who remains one of the most powerful figures in Afghan politics, said the decision was “unlawful” and undermined the authority of the Supreme Court.

“(Ghani’s) tenure ends in May and that’s it,” a message on Atta Noor’s Twitter account said. He called on presidential candidates, lawyers and legislators to “elaborate on this” but did not say whether he would mount a legal challenge.

The confusion came just days after a planned meeting between Taliban representatives and a 250-strong group of Afghan officials and civil society figures was canceled amid recriminations over the size and status of the delegation.

Ghani took office in 2014 at the head of a unity government including his rival, Abdullah Abdullah, after a bitterly disputed election that was tainted by significant voter fraud and which left no clear winner.

(Reporting by Abdul Qadir Sediqi, James Mackenzie)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

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

By Jan Wolfe and Richard Cowan

(Reuters) – The “i word” – impeachment – is swirling around the U.S. Congress since the release of Special Counsel Robert Mueller’s redacted Russia report, which painted a picture of lies, threats and confusion in Donald Trump’s White House.

Some Democrats say trying to remove Trump from office would be a waste of time because his fellow Republicans still have majority control of the Senate. Other Democrats argue they have a moral obligation at least to try to impeach, even though Mueller did not charge Trump with conspiring with Russia in the 2016 U.S. election or with obstruction of justice.

Whether or not the Democrats decide to go down this risky path, here is how the impeachment process works.

WHAT ARE GROUNDS FOR IMPEACHMENT?

The U.S. Constitution says the president can be removed from office by Congress for “treason, bribery, or other high crimes and misdemeanors.” Exactly what that means is unclear.

Before he became president in 1974, replacing Republican Richard Nixon who resigned over the Watergate scandal, Gerald Ford said: “An impeachable offense is whatever a majority of the House of Representatives considers it to be at a given moment in history.”

Frank Bowman, a University of Missouri law professor and author of a forthcoming book on the history of impeachment, said Congress could look beyond criminal laws in defining “high crimes and misdemeanors.” Historically, it can encompass corruption and other abuses, including trying to obstruct judicial proceedings.

HOW DOES IMPEACHMENT PLAY OUT?

The term impeachment is often interpreted as simply removing a president from office, but that is not strictly accurate.

Impeachment technically refers to the 435-member House of Representatives approving formal charges against a president.

The House effectively acts as accuser – voting on whether to bring specific charges. An impeachment resolution, known as “articles of impeachment,” is like an indictment in a criminal case. A simple majority vote is needed in the House to impeach.

The Senate then conducts a trial. House members act as the prosecutors, with senators as the jurors. The chief justice of the U.S. Supreme Court presides over the trial. A two-thirds majority vote is required in the 100-member Senate to convict and remove a president from office.

No president has ever been removed from office as a direct result of an impeachment and conviction by Congress.

Nixon quit in 1974 rather than face impeachment. Presidents Andrew Johnson in 1868 and Bill Clinton in 1998 were impeached by the House, but both stayed in office after the Senate acquitted them.

Obstruction of justice was one charge against Clinton, who faced allegations of lying under oath about his relationship with White House intern Monica Lewinsky. Obstruction was also included in the articles of impeachment against Nixon.

CAN THE SUPREME COURT OVERTURN?

No.

Trump said on Twitter on Wednesday that he would ask the Supreme Court to intervene if Democrats tried to impeach him. But America’s founders explicitly rejected making a Senate conviction appealable to the federal judiciary, Bowman said.

“They quite plainly decided this is a political process and it is ultimately a political judgment,” Bowman said.

“So when Trump suggests there is any judicial remedy for impeachment, he is just wrong.”

PROOF OF WRONGDOING?

In a typical criminal court case, jurors are told to convict only if there is “proof beyond a reasonable doubt,” a fairly stringent standard.

Impeachment proceedings are different. The House and Senate “can decide on whatever burden of proof they want,” Bowman said. “There is no agreement on what the burden should be.”

PARTY BREAKDOWN IN CONGRESS?

Right now, there are 235 Democrats, 197 Republicans and three vacancies in the House. As a result, the Democratic majority could vote to impeach Trump without any Republican votes.

In 1998, when Republicans had a House majority, the chamber voted largely along party lines to impeach Clinton, a Democrat.

The Senate now has 53 Republicans, 45 Democrats and two independents who usually vote with Democrats. Conviction and removal of a president would requires 67 votes. So that means for Trump to be impeached, at least 20 Republicans and all the Democrats and independents would have to vote against him.

WHO BECOMES PRESIDENT IF TRUMP IS REMOVED?

A Senate conviction removing Trump from office would elevate Vice President Mike Pence to the presidency to fill out Trump’s term, which ends on Jan. 20, 2021.

(Reporting by Jan Wolfe and Richard Cowan; Editing by Kevin Drawbaugh and Peter Cooney)

Source: OANN

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New England Patriots owner Robert Kraft attends a conference at the Cannes Lions Festival in Cannes
FILE PHOTO: New England Patriots owner Robert Kraft attends a conference at the Cannes Lions Festival in Cannes, France, June 23, 2017. REUTERS/Eric Gaillard

April 26, 2019

(Reuters) – New England Patriots owner Robert Kraft’s lawyers on Friday are set to ask a Florida judge to toss out hidden-camera videos that prosecutors say show the 77-year-old billionaire receiving sexual favors for money inside a Florida massage parlor.

The owner of the reigning Super Bowl champions plans wants the video to not be used as evidence against him as he contests two misdemeanor counts of soliciting prostitution at the Orchids of Asia Spa in Jupiter, Florida, along with some two dozen other men.

His legal team is fresh off a win on Tuesday, when they successfully persuaded Palm Beach County Judge Leonard Hanser to block prosecutors from releasing the hidden-camera footage to media outlets, which had requested copies under the state’s robust open records law.

Kraft, who has owned the franchise since 1994, pleaded not guilty, but has issued a public apology for his actions.

His attorneys have argued in court papers that the surreptitious videotaping of customers, including Kraft, inside a massage parlor was governmental overreach and the result of an illegally obtained search warrant.

The warrant, Kraft’s lawyers claim, was secured under false pretenses because police officers cited human trafficking as a potential crime in their application. Prosecutors have since acknowledged that the investigation yielded no evidence of trafficking.

Palm Beach County prosecutors in a court filing on Wednesday said Kraft’s motion should be rejected because he could not have had any expectation of privacy while visiting a commercial establishment to engage in criminal activity.

That prompted an indignant response from Kraft’s attorneys, who said the prosecution’s position on privacy was “unhinged.”

“It should go without saying that Mr. Kraft and everyone else in the United States have a reasonable expectation that the government will not secretly spy on them while they undress behind closed doors,” they wrote.

(Reporting by Joseph Ax, editing by G Crosse)

Source: OANN

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