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Nissan ex-chair Ghosn’s appeal on detention turned down

Japan's Supreme Court has turned down an appeal by the lawyers for Nissan's former Chairman Carlos Ghosn to end his detention following his arrest for the fourth time on financial misconduct allegations.

The court decision came Friday, and was relayed to foreign media Monday.

Ghosn was arrested in November and released on bail last month, but was re-arrested April 4.

He's been charged with falsifying financial documents in under-reporting his retirement compensation and with breach of trust in allegedly dubious payments.

He says he's innocent, noting that the compensation was never decided and that the payments were legitimate.

His detention has been approved through April 22 but can be extended. It's unclear when his trial will start.

Ghosn led Nissan for two decades, rescuing it from the brink of bankruptcy.

Source: Fox News World

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Austin Zoo leader steps down amid animal mistreatment probe

The board president of the embattled Austin Zoo has stepped down following a newspaper's investigation that detailed leaders' unwillingness to euthanize suffering animals and retaliation against zookeepers who raised concerns.

The zoo announced Monday that Patti Clark will no longer be a voting board member, but she'll remain the nonprofit's executive director, the Austin American-Statesman reported. The zoo also appointed four new members to its board.

Clark and other zoo officials have faced criticism since the newspaper published its investigation into allegations of mismanagement and animal mistreatment in January.

The story came after six zookeepers sent a 54-page letter to the zoo's board last summer, specifically requesting that the same person not be allowed to serve as both zoo director and board president. The letter also asked the zoo to develop an end-of-life protocol.

The newspaper's investigation, which was based on accounts from current and former Austin Zoo staffers and zookeepers, cited a worker who detailed how a blind, aging monkey was kept alive for years despite many insisting that the animal be euthanized.

Zookeepers claimed that Clark retaliated against those suspected of being involved in the letter.

Three zookeepers were fired last month. Zoo officials declined to say whether the firings were a direct result of the investigation, saying they were based on violations of professional conduct.

Former zookeepers and board members said the leadership change is a step in the right direction. But many said that the board's new members are Clark's friends and zoo vendors.

Casi Cortez, a former zookeeper, said she appreciates that some changes are being made but doesn't think reform "would have happened without community support putting pressure on the zoo."

"We're still pushing for the original requests in the petition: making sure we have an independent board, following through with a euthanasia policy," Cortez said.

___

Information from: Austin American-Statesman, http://www.statesman.com

Source: Fox News National

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Oil prices dip as U.S. crude output hits record 12 million barrels per day

FILE PHOTO: A Canadian Natural Resources pump jack pumps oil out of the ground near Dorothy
FILE PHOTO: A Canadian Natural Resources pump jack pumps oil out of the ground near Dorothy, Alberta, Canada, June 30, 2009. REUTERS/Todd Korol/File Photo

February 22, 2019

By Henning Gloystein

SINGAPORE (Reuters) – Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East dominated producer club OPEC to withhold supply and tighten global markets.

U.S. West Texas Intermediate (WTI) crude oil futures were at $56.85 per barrel at 0010 GMT, down 11 cents, or 0.2 percent, from their last settlement.

International Brent crude futures had yet to trade.

U.S. crude oil production reached 12 million barrels per day (bpd) for the first time last week, the Energy Information Administration (EIA) said on Thursday in a weekly report.

(GRAPHIC: U.S. oil production & storage levels – https://tmsnrt.rs/2Vanxza)

That means U.S. crude output has soared by almost 2.5 million bpd since the start of 2018, and by a whopping 5 million bpd since 2013. America is the only country to reach 12 million bpd of production.

As output surges, U.S. oil stocks are also rising.

U.S. commercial crude oil inventories rose by 3.7 million barrels in the week ending Feb. 15, to 454.5 million barrels, the EIA said.

Analysts say U.S. oil firms will export more oil to sell off surplus stocks.

“The continued surge in U.S. production stands as a bearish dynamic for market prices, especially as increasing volumes get sold abroad in a direct challenge to Saudi Arabia and Russia,” said John Kilduff, partner at Again Capital in New York.

For now, at least, the price dips have halted a rally that pushed crude to 2019 highs this week amid supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC).

OPEC and some non-affiliated producers such as Russia agreed late last year to cut output by 1.2 million bpd to prevent a large supply overhang from growing.

Another price driver has been U.S. sanctions against oil exporters Iran and Venezuela.

(Reporting by Henning Gloystein; Editing by Joseph Radford)

Source: OANN

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Novartis pays $310 million upfront for inflammation specialist IFM

FILE PHOTO: Swiss drugmaker Novartis' logo is seen in Stein
FILE PHOTO: Swiss drugmaker Novartis' logo is seen at the company's plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo

April 1, 2019

ZURICH (Reuters) – Novartis on Monday said it had agreed to pay $310 million upfront, with the possibility for more later, for some assets of Boston-based inflammation specialist IFM Therapeutics as the Swiss drugmaker seeks to expand its immunology pipeline.

The deal for the IFM subsidiary IFM Tre could eventually reach nearly $1.6 billion, IFM said in a statement, should the portfolio of clinical and preclinical molecules meet milestones. IFM has one molecule, IFM-2427, in an early Phase 1 trial, as well as other less-developed assets.

(Reporting by John Miller, editing by John Revill)

Source: OANN

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Sudanese army to deliver ‘important statement’ amid protests

Sudan's state TV says the country's armed forces will deliver an "important statement" and are asking the nation to "wait for it."

The announcement raised expectations the statement Thursday could address nearly four months of anti-government protests demanding that longtime President Omar al-Bashir step down and could be a sign that he is relinquishing power.

Organizers of the protests urged masses to converge and join an ongoing sit-in that has been underway in the capital, Khartoum, since the weekend.

Sudanese radio is playing military marches ahead of the announcement.

The TV s says there'll be an "important statement from the armed forces after a while, wait for it."

It comes after clashes between Sudanese security forces and protesters, after an attempt to break the sit-in, leaving 22 dead since Saturday.

Source: Fox News World

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‘Green Real Deal’: Matt Gaetz Is Preparing The GOP Answer To Ocasio-Cortez’s Green New Deal

Tim Pearce | Energy Reporter

GOP Florida Rep. Matt Gaetz is preparing to introduce a “Green Real Deal” resolution to contrast with Democratic New York Rep. Alexandria Ocasio-Cortez’s Green New Deal, according to Politico.

Ocasio-Cortez unveiled her resolution on Feb. 7 and immediately faced criticism for its scope and potential cost, which reached toward tens of trillions of dollars. (RELATED: Ocasio-Cortez Bungled Green new Deal’s Release. Her Staff Took Its Webpage Offline)

A draft of Gaetz’s resolution, obtained by Politico, recognizes risks to the U.S. from climate change, citing Department of Defense reports that identify certain military assets and bases as at risk to rising sea levels and increasing severe weather events, such as hurricanes.

“Climate change creates new risks and exacerbates existing vulnerabilities in communities across the United States, presenting growing challenges to human health and safety, quality of life, and the rate of economic growth,” the draft says.

Energy lobbyists have seemingly received copies of Gaetz’s resolution are beginning to line up behind it in support.

“Congressman Gaetz deserves to be applauded for taking the lead in crafting a bold resolution that identifies actionable climate solutions that will benefit America’s economy, environment, and national security,” Heather Reams, executive director of Citizens for Responsible Energy Solutions, said in a statement.

Gaetz’s resolution pushes market-driven innovation and competition from companies developing green energy technology. It does not set any emission reduction goals.

The draft pledges “to reduce and modernize regulations so that clean energy technologies can be deployed, and compete.”

In contrast to the Green New Deal, the draft Green Real Deal resolution takes a positive view on nuclear energy. Ocasio-Cortez’s resolution did not mention the energy sector, causing some controversy among pro-nuclear energy experts.

Gaetz’s legislation takes a wide-ranging approach to cutting emissions through investing in fossil fuel carbon capture technology, new and updated nuclear and hydropower placements, making the power grid more efficient and granting energy companies improved access to public lands.

The resolution pledges to “empower individuals, states, and the marketplace” to develop and disseminate new technology that will cut the United States’ carbon emissions.

Follow Tim Pearce on Twitter

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Source: The Daily Caller

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U.S. looking at responses to unilateral digital taxes: Treasury official

FILE PHOTO: Apple company logos are reflected on the glass window outside an Apple store in Shanghai
FILE PHOTO: Apple company logos are reflected on the glass window outside an Apple store in Shanghai, China January 3, 2019. REUTERS/Aly Song/File Photo

March 12, 2019

PARIS (Reuters) – The U.S. government is looking at how to respond to plans by governments such as France and Britain for taxes specifically targeting digital companies, a senior U.S. Treasury official said on Tuesday.

France and Britain as well as Italy and Spain are pushing ahead with plans for such taxes at the national level after EU countries failed to reach an agreement for the bloc as a whole.

Other countries outside the EU such as Australia are also planning such taxes in the absence of a broader reform of international tax rules to account for the rise of big digital companies such as Apple, Google and Facebook.

Chip Harter, the U.S. Treasury’s top international tax official, said such unilateral taxes were “ill conceived” and that it was better to pursue broader international tax reform at the Organisation for Economic Co-operation & Development (OECD).

“The challenges facing the international tax system are just far broader than how to tax social media and search engines,” Harter told journalists in Paris before talks at the OECD, a club of mostly wealthy nations, later this week.

The emergence of digital giants has pushed international tax rules to the limit because they can book profits in countries with the lowest taxes no matter where the customer is, which some countries like France say is unfair.

“The United States opposes any digital services tax proposals whether they be French or UK,” Harter said.

“What we have seen of the most recent French proposals, we view them as highly discriminatory against U.S. businesses … Various parts of our government are studying whether that discriminatory impact would give us rights under trade agreements, WTO, treaties,” he added.

Global reform of international tax rules have been debated for years but progress has been slow in the face of widely varying national interests.

A new push is under way at the Paris-based OECD after nearly 127 countries and territories agreed in January that any revision of global tax rules should tackle some of the most vexed issues, such as how to divide up the right to tax digital firms’ cross-border income between countries.

Speaking in a public session of a meeting of EU finance ministers, Romania’s Eugen Teodorovici said EU governments will focus on trying to reach a common position over the OECD-led overhaul.

If that reform were delayed beyond 2020, the EU could restart talks for its own tax, after they foundered because of the opposition of some governments in the 28-nation bloc.

(Reporting by Leigh Thomas; Additional reporting by Francesco Guarascio; Editing by Alison Williams)

Source: OANN

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Senior White House adviser Jared Kushner said Tuesday that a detailed plan for a merit-based immigration system will be presented to President Trump, giving priority to skilled immigrants rather than those with family ties to the U.S.

“I do believe that the president’s position on immigration has been maybe defined by his opponents by what he’s against as opposed to what he’s for,” Kushner said at the Time 100 Summit in New York City. “What I’ve done is I’ve tried to put together a very detailed proposal for him.”

KUSHNER: RUSSIA INVESTIGATION HAD ‘HARSHER IMPACT’ ON US THAN ELECTION MEDDLING

Kushner announced that the new immigration proposal, which Trump will receive this week or next, will resemble the point-based systems in Canada, Australia and New Zealand, and will unify people by ensuring strong wages and secure borders while protecting humanitarian values.

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term,” he said. “And my hope is we can really do something that unifies people around what we’re for on immigration.”

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term. And my hope is we can really do something that unifies people around what we’re for on immigration.”

— Jared Kushner

JARED KUSHNER RESPONDS AFTER HASAN MINHAJ CALLS OUT HIS TIES TO SAUDI PRINCE

Kushner denied in the same talk that he has clashed with White House staffer Stephen Miller, who’s seen as tougher on immigration than others, adding that the plan was concocted with the help of Miller and Kevin Hassett, chairman of the Council of Economic Advisers.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison,” Kushner joked, referring to the Israel-Palestine peace plan he’s working on.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison.”

— Jared Kushner

After the plan gets presented to Trump, it will likely undergo some changes and then he will decide when to proceed with it, Kushner said.

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“It’s very, very complicated, but it’s a very interesting issue, and if we can solve it, I do think it’s a critical component for America’s long-term competitive advantage,” he added.

The Associated Press contributed to this report.

Source: Fox News Politics

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

CLICK HERE TO GET THE FOX NEWS APP

The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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