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Calf. Gov. Newsom Can't Recall Why he Said Trump Should Quit

California Gov. Gavin Newsom says he can’t even remember why he called on President Donald Trump to resign.

“That was during a campaign,” the Democrat told The New York Times. “It’s just so indicative of this moment, I couldn't even tell you. It was 4,623 tweets ago.”

Newsom said he is now looking to have a productive relationship with the president.

“I hope so,” Newsom told the newspaper. “I don’t know. But I’m pursuing that because it’s just too damn important. And the risks are too great to bear.”

The Hill noted a review of Newsom’s comments from January 2018 showed he strongly had objected to Trump reportedly using a vile term to describe several African nations, as well on Haiti and El Salvador. Trump had denied eyewitness accounts that he had used the term.

The Times said Newsom had called the president “a joke and a racist” back then.

Source: NewsMax Politics

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Trump decides administration officials cannot attend White House correspondents dinner

U.S. President Trump attends the 2019 White House Easter Egg Roll in Washington
U.S. President Donald Trump attends the 2019 White House Easter Egg Roll on the South Lawn of the White House in Washington, U.S., April 22, 2019. REUTERS/Shannon Stapleton

April 23, 2019

WASHINGTON (Reuters) – President Donald Trump on Tuesday barred White House staff and members of his administration from attending this year’s White House Correspondents’ Association dinner on Saturday, officials said.

Trump had already said he would not attend the annual dinner, instead scheduling a political rally in Wisconsin, but he had not decided whether anyone from his staff could attend.

The decision that no one from his team could participate was announced to White House staff and other representatives from the administration by White House Cabinet Secretary Bill McGinley at their morning meeting, officials said.

It set off a scramble as many staffers had accepted invitations thinking Trump would allow them to go.

“The president and members of his administration will not attend the White House Correspondents’ Dinner this year. Instead, Saturday evening, President Trump will travel to Green Bay, Wisconsin, where he will hold a campaign rally,” said a White House official.

Trump, who has denounced the mainstream news media as “fake news” and routinely directs his supporters to watch the Fox News Channel, has not attended the dinner since he became president in January 2017.

The White House Correspondents’ Association dinner has been attended by presidents most years since the organization was founded in 1914. The group raises money for scholarships and honors the U.S. Constitution’s “freedom of the press” First Amendment.

In recent decades, the group has had a comedian as entertainment, but comedian Michelle Wolf’s lampooning of White House press secretary Sarah Sanders, who was seated nearby during the performance, drew so much criticism last year that the association this year is bringing in historian Ron Chernow for remarks.

“We’re looking forward to an enjoyable evening of celebrating the First Amendment and great journalists past, present, and future,” said Olivier Knox, president of the White House Correspondents’ Association.

(Reporting by Steve Holland; Editing by Peter Cooney)

Source: OANN

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Liberal MSM Wants Freedom Of The Press Out Of The Hands Of The People

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Comedian and actor elected as new president of Ukraine, polls show

Comedian and actor Volodymyr Zelenskiy will become Ukraine's next president after winning a vast majority of the embattled country's votes despite having no political track record.

According to an exit poll on Sunday, 41-year-old Zelensky garnered 73 percent of the vote, unseating the incumbent candidate Petro Poroshenko. Zelensky was known for his role in a Ukraine television sitcom in which he plays the role of a president. Like his sitcom character, a teacher thrust into the presidency after a video of him blasting corruption went viral. He focused his campaign on fighting graft, riding the wave of public distrust of Ukraine's political elite.

“To all Ukrainians, no matter where you are, I promise that I will never let you down,” Zelensky said upon receiving the poll results, The Washington Post reports. “Though I’m still not president, I can say as a Ukrainian citizen to all the countries of the former Soviet Union: Look at us. Everything is possible.”

Zelenskiy largely stayed away from the campaign trail and eschewed interviews. He campaigned mainly on Instagram, where he has 3.7 million followers. After Zelenskiy voted Sunday, police handed him a court summons for failing to keep his ballot away from cameras, an administrative offense punishable by a $30 fine.

The candidates engaged in fierce mutual criticism and jockeyed for dominance. Wrapping up the campaign with a sentimental moment, both men dropped to on their knees during a debate at the country's largest sports stadium Friday to ask forgiveness of those who lost relatives on the eastern battlefront.

COMEDIAN COULD UNSEAT UKRAINE'S POROSHENKO IN THIS SUNDAY'S PRESIDENTIAL RUNOFF

Ukrainian President Petro Poroshenko gestures while speaking to the media as his wife Maryna stands next to him, at a polling station, during the second round of presidential elections in Kiev, Ukraine, Sunday, April 21, 2019. Top issues in the election have been corruption, the economy and how to end the conflict with Russia-backed rebels in eastern Ukraine. ()

Ukrainian President Petro Poroshenko gestures while speaking to the media as his wife Maryna stands next to him, at a polling station, during the second round of presidential elections in Kiev, Ukraine, Sunday, April 21, 2019. Top issues in the election have been corruption, the economy and how to end the conflict with Russia-backed rebels in eastern Ukraine. () (AP Photo/Efrem Lukatsky)

Millions of Ukrainians who live in the rebel-controlled east and in Russia-annexed Crimea are unable to vote. Russia seized Crimea in 2014 in a move that Ukraine and almost all of the world views as illegal. Fighting in the east that erupted that same year after the Russian annexation has killed more than 13,000 people.

Poroshenko campaigned on the same promise he made when he was elected for his first five-year term in 2014: to lead the nation of 42 million into the European Union and NATO. However, the goals have been elusive amid Ukraine's economic problems, pervasive corruption and fighting in the east. A visa-free deal with the EU spawned the exodus of millions of skilled workers for better living conditions elsewhere in Europe.

In a jab at his rival, the president warned voters that "it could be funny at first, but pain may come later."

Poroshenko emphasized the need to "defend achievements of the past five years," noting the creation of a new Ukrainian Orthodox Church that is independent from Moscow's patriarchate, a schism he championed.

UKRAINE'S PRESIDENTIAL CANDIDATE PUSHES FOR NEW PARLIAMENT 

But Poroshenko's message fell flat with many voters struggling to survive on meager wages and pay soaring utility bills.

"We have grown poor under Poroshenko and have to save to buy food and clothing," said 55-year-old sales clerk Irina Fakhova. "We have had enough of them getting mired in corruption and filling their pockets and treating us as fools."

Poroshenko denies any link to an alleged embezzlement scheme involving one of his companies and a top associate.

Zelenskiy, who comes from Ukraine's mostly Russian-speaking east, has opposed Poroshenko's push for a bill that would outlaw the Russian language and mocked the creation of the new church as a campaign stunt.

Speaking to reporters, he said his campaign "helped unite the country."

Like Poroshenko, Zelenskiy pledged to keep Ukraine on its pro-Western course, but said the country should only join NATO if voters give their approval in a referendum. He said his top priority would be direct talks with Russia to end the fighting in eastern Ukraine.

Zelenskiy's image has been shadowed by his admission that he had commercial interests in Russia through a holding company, and by his business ties to self-exiled billionaire businessman Ihor Kolomoyskyi. A Poroshenko archrival, Kolomoyskyi owns the TV station that aired the sitcom the actor starred in as well as his comedy shows.

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However, his ties to Kolomoyskyi have not sullied his image enough to cast him as a corrupt candidate in the eyes of voters.

"I have grown up under the old politicians and only have seen empty promises, lies and corruption," said Lyudmila Potrebko, a 22-year-old computer programmer who cast her ballot for Zelenskiy. "It's time to change that."

The Associated Press contributed to this report.

Source: Fox News World

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Mississippi teen arrested in mom's death released on bond

A 14-year-old Mississippi girl arrested in the shooting and stabbing death of her mother has been released after her father posted bond.

Mississippi news outlets report the teenager, who's charged as an adult, was released over the weekend. Her bail was set at $100,000.

Ericka Hall was killed in January in Pike County. The 14-year-old and her 12-year-old sister were arrested. The younger girl was charged as a juvenile.

Children 13 and older accused of certain crimes are automatically charged as adults in Mississippi. Judges can transfer cases to youth court. District Attorney Dee Bates has said he would oppose a transfer.

A grand jury is considering the case of the 14-year-old, who faces a murder charge.

Her attorney has said the defense will be based on a self-defense theory.

Source: Fox News National

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Bank of England to set new rules on climate risk: Carney

FILE PHOTO: Cars caught in flood water after Storm Callum passed through the town of Carmarthen, west Wales
FILE PHOTO: Cars caught in flood water after Storm Callum passed through the town of Carmarthen, west Wales, Britain, October 14, 2018. REUTERS/Rebecca Naden

March 21, 2019

By Andy Bruce and David Milliken

LONDON (Reuters) – The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday.

The central bank under Carney has been vocal in highlighting climate change’s potential impact on the financial sector, such as the impact of more frequent floods on mortgages and insurance, or of new emissions rules on fossil-fuel investments.

Companies will be “expected to embed fully the consideration of climate risks into governance frameworks, including at board level”, Carney said in a speech at a conference on sustainable finance hosted by the European Commission in Brussels.

While governments would ultimately set environmental rules, financial regulators had a key role to play to smooth the flow of investment into green technologies and encourage firms to plan over longer time horizons than normal.

He also said the Bank of England’s regulatory arm would recommend that banks, insurers and asset managers regularly test their strategic resilience against climate change risks.

Financial firms would be expected to name a senior official personally responsible for managing these environmental risks, similar to the Bank’s existing requirements for the management of financial market and staff misconduct risks.

In September the central bank said that only a small fraction of banks in Britain were planning properly to mitigate risks to their businesses from climate change and that it would push lenders to take action.

Carney said there appeared to be a “cognitive dissonance” between insurers’ careful assessment of the risks climate change posed to the liabilities they insured, and a much more superficial approach to the assets in which they invest.

Some banks are already taking account of lending risks linked to carbon-intensive sectors, consumer loans secured on diesel vehicles and mortgages for landlords who own rental properties that do not meet new energy efficiency standards.

Other financial firms are asking the BoE to provide more prescriptive recommendations or to require more mandatory disclosures of environmental risks, Carney added.

(Reporting by Andy Bruce and David Milliken; Editing by David Goodman)

Source: OANN

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NBA roundup: Celtics move on after sweep of Pacers

NBA: Playoffs-Boston Celtics at Indiana Pacers
Apr 21, 2019; Indianapolis, IN, USA; Boston Celtics forward Gordon Hayward (20) dunks the ball past Indiana Pacers center Myles Turner (33) during the third quarter of game four of the first round of the 2019 NBA Playoffs at Bankers Life Fieldhouse. Mandatory Credit: Brian Spurlock-USA TODAY Sports

April 22, 2019

The Boston Celtics completed a four-game sweep of the Indiana Pacers in the first round of the Eastern Conference playoffs Sunday afternoon, using key baskets from Marcus Morris and Gordon Hayward to hold on for a 110-106 victory in Indianapolis.

The fourth-seeded Celtics advance to the Eastern Conference semifinals, where they will face the winner of the Milwaukee-Detroit series.

Meanwhile, the loss ended Indiana’s season in the first round of the playoffs for the third consecutive year. The Pacers, who also were swept by Cleveland in 2017, took the Cavaliers to a Game 7 in the opening round last year.

The fourth quarter featured four ties, the last of which occurred at 82-all when Jayson Tatum made the first of two free throws with 6:45 remaining after a flagrant foul on Cory Joseph.

Warriors 113, Clippers 105

Kevin Durant scored 33 points and visiting Golden State held on to beat Los Angeles in Game 4 of a Western Conference first-round series. After winning both games in Los Angeles, the Warriors own a 3-1 series lead heading to Game 5 on Wednesday night in Oakland, Calif.

Klay Thompson scored 27 of his 32 points in the first half for the Warriors. Stephen Curry went 3-for-14, including 1-for-9 from 3-point range, finishing with 12 points, 10 rebounds and seven assists.

Shai Gilgeous-Alexander scored a season-high 25 points for the Clippers.

Raptors 107, Magic 85

Kawhi Leonard scored 34 points — 12 in the third quarter — as visiting Toronto defeated Orlando to take a 3-1 lead in the first-round playoff series. The Raptors can clinch the best-of-seven series Tuesday by winning Game 5 in Toronto.

Pascal Siakam added 16 points for Toronto, while Norman Powell had 16 points and Serge Ibaka had 13 points and gathered eight rebounds. Kyle Lowry contributed nine points and nine assists.

Aaron Gordon scored 25 points and had seven rebounds for the Magic. Evan Fournier added 19 points, while Nikola Vucevic scored 11 points.

Trail Blazers 111, Thunder 98

C.J. McCollum scored 27 points and Damian Lillard added 24 as visiting Portland beat Oklahoma City.

The win gave the Blazers a 3-1 lead in their Western Conference playoff series. Portland has a chance to finish off the series at home Tuesday.

The win snapped an eight-game road playoff losing streak for the Blazers and gave the road teams an 8-0 record over the weekend in the NBA playoffs.

–Field Level Media

Source: OANN

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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