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Kushner: Russia investigation had ‘harsher impact’ on US than election meddling

Senior White House adviser Jared Kushner argued Tuesday the investigations over whether the Trump campaign colluded with Russia during the 2016 campaign have been “way more harmful” than Russia’s election meddling through social media.

“When you look at what Russia did, buying some Facebook ads and trying to sow dissent, it's a terrible thing,” Kushner said at the Time 100 Summit in New York. “But I think the investigations and all of the speculation that's happened for the last two years has a much harsher impact on our democracy than a couple Facebook ads.”

REP SAYS MUELLER REPORT SHOWS STEELE DOSSIER ‘FALSE AND FAKE,’ CHALLENGING ORIGINS OF FBI PROBE

Kushner, the president’s son-in-law who worked on the campaign, said he spent much more money in 2016 on Facebook ads than the Russians.

“I think they said they spent $160,000,” Kushner said. “I spent $160,000 on Facebook every three hours during the campaign. If you look at the magnitude of what they did, the ensuing investigations have been way more harmful.”

Kushner, who doesn’t speak in public very often, made the comments in the wake of the release of Special Counsel Robert Mueller’s report saying investigators found no evidence the Trump campaign conspired with Russia in election meddling.

“When the whole notion of the Russian collusion narrative came up, I was the first person to say I’m happy to participate with any investigations,” Kushner said. “I thought the whole thing was kind of nonsense to be honest with you.”

HOUSE JUDICIARY CHAIRMAN SUBPOENAS EX-WHITE HOUSE COUNSEL DON MCGAHN

Kushner said he sat for three interviews with the House of Representatives. He said he also interviewed for nine hours with Mueller’s team. Referencing his past statements, Kushner said, “I think everything I’ve said has now been proven to be true. And it’s been very, very thoroughly investigated.”

He referenced the infamous meeting at Trump Tower in 2016 between several Trump campaign associates and a Russian lawyer, recalling wanting to leave meeting because it seemed like a waste of time. Mueller's team investigated the meeting, but did not conclude it was evidence of coordination.

“It’s a meeting had it never come up…I would have never thought about it again,” Kushner said. “But now the media spends so much time focusing on it.  And quite frankly, the whole thing is just a big distraction for the whole country.”

Fox News’ Tamara Gitt contributed to this report.

Source: Fox News Politics

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Nolte: Smollett’s Going to Prison & his Career & Life is Ruined

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According to police sources and all kinds of media reports, Jussie Smollett (who is black and gay) did lie about being assaulted by two racist, homophobic Donald Trump supporters in the middle of the night on January 29.

The story was preposterous to begin with. In order to believe it, one was forced to buy into the idea MAGA hat-wearing bigots were running around downtown Chicago in subzero weather carrying bleach and wielding a noose in the hopes of running into an openly gay black man like Smollett.

“This is MAGA country!” the face-masked yahoos reportedly yelled as they poured bleach on Smollett’s black skin and tied a noose around his neck. Bruised, humiliated, and still carrying his cell phone and Subway sandwich, Smollett somehow survived.

Nevertheless, due to their own prejudices and bigotry, a number of terrible people in politics, media, and Hollywood chose to believe Smollett’s story; and they ran with it, and now they look ridiculous (including a handful of Democrat presidential candidates) and are being forced to clean up their own appalling role in advancing Smollett’s hate crime.

On top of all this, it appears as though Smollett might have mailed that infamous hate letter (filled with powder that turned out to be harmless) to himself, or he at least had some role in arranging it.

What we do know is that Smollett’s co-conspirators have rolled on him. The two brothers (both black) he hired to stage the attack are singing like Sinatra, and that includes the news of the phony hate mail.

And so there will be a reckoning, experts say, a legal and reputational one that could result in Smollett being tossed in the clink for a few years, followed by his banishment into a career wilderness from which he will never return.

“It’s a very high-profile case,” a former prosecutor told Variety. “Prosecutors tend to be tougher because everybody’s watching. … I think they may come down hard, in terms of not reducing it to a misdemeanor.”

Defense attorney Steve Greenberg believes Smollett could also face obstruction of justice charges, but it’s unlikely he will go to prison.

“They’re not going to ruin a guy’s life over this. People make false reports all the time to the police. They get in a DUI, they call police and say, ‘My car was stolen.’ Ninety percent of the time, even if they’re charged with a felony, those people end up pleading to a misdemeanor,” he said.

On the career front, things could be even more unforgiving; we are talking a Lance Armstrong-style expulsion from the rarified world of celebrity.

“If he made this up, he broke the trust of a lot of his fans,” a PR expert told Variety. “Say you lied and you’re sorry for that lie. Apologize to the people who have supported you, promise to make it up, and find a cause that’s near and dear to your heart and devote yourself to it.”

Another PR exec told Variety that if Smollett lied his only hope is to fess up immediately and throw himself at the mercy of the legal system and the court of public opinion.

“He needs to get ahead of this as much as he can,” he said. “He needs to go see the police. He needs to apologize. He needs to make the announcement about what happened instead of letting the facts leak out. If he lied, there’s no excuse, but there may be some explanation.”

On top of everything else, if Smollett is convicted of anything involving the filing of a false police report, he may also have to reimburse the taxpayers the cost of the investigation, which could be a sizable amount of money considering the manpower the police dedicated to the high-profile case.

CBS reports that a grand jury is already deliberating, which could very well mean Smollett is indicted.

As of now, though, Smollett is sticking to his story, which seems to be that the two brothers are lying about being hired by Smollett, which can only mean that, for whatever reason, they disguised themselves as Trump supporters and waited outside his condo all night in subzero weather looking for the opportunity to beat on him.

Smollett has hired two high-powered defense attorneys, but already his career is showing signs of hoax-related stress. His role in Empire has been slashed, including an episode that was supposed to revolve around his character that would have included a showy musical number.

The Lance Armstrong comparison is probably as close as you can come to the Smollett Hoax, but it is still lacking. Armstrong was a liar, a cheat, and a ruthless bully, but the damage he did, which should not be dismissed, was confined to his orbit. Smollett is something altogether different.

Had Smollett pulled off his hoax, had his ginned up hate crime been caught on video as he likely planned, it could have been the “Hands Up, Don’t Shoot” media-hoax all over again. That hoax resulted in the burning down of the predominantly black, working class city of Ferguson and countless acts of violence and murder against innocent police officers. Smollett’s hoax could have caused riots, violence against innocent Trump supporters, who knows what else.

Because I have needed more than my share forgiveness and second chances, I always lean in that direction for others. We all need a path to redemption. Time and circumstance might change my mind, but as of now I believe Smollett needs to be made an example of. Yes, he deserves all the due process our system allows, but if found guilty, he should be given no leniency and his show business career should be over forever.

Smollett’s path to redemption should happen in an Appalachia soup kitchen or a Heartland drug rehabilitation center. He is a bigot who sought publicity and moral authority by defaming and smearing a whole group of people. If he wants redemption, that path is through them, not an apology tour on Late-Night TV.

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Volvo expects electric car margins to match conventional vehicles by 2025

FILE PHOTO: An electric vehicle charging cable is seen on the bonnet of a Volvo hybrid car in this picture illustration
FILE PHOTO: An electric vehicle charging cable is seen on the bonnet of a Volvo hybrid car in this picture illustration taken July 6, 2017. REUTERS/Phil Noble/Illustration

March 20, 2019

By Esha Vaish

GOTHENBURG (Reuters) – Volvo Cars expects its margins on electric cars to match those of vehicles with combustion engines by 2025, the head of the Chinese-owned Swedish carmaker told Reuters.

Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years but have admitted that higher component costs and limited take-up in initial years will hit margins.

Volvo is investing about 5 percent of its annual revenue, equating to a little more than $1 billion a year, in building driverless and electric cars and has promised to deliver five fully electric cars to market in the next few years.

It showcased the first less than a month ago, made by its luxury performance brand Polestar to rival to Tesla’s Model 3. It also plans to launch a Volvo-branded electric compact SUV this year in the company’s push to derive 50 percent of its sales from fully electric cars by 2025.

“It’s very difficult to say if we’re going to have the same margins in 2025 as we had in 2015 … because electric cars are very expensive,” Chief Executive Hakan Samuelsson told Reuters on the sidelines of a safety showcase by the company in Gothenburg.

“But I would be absolute sure we will have the same margins with electric cars as we will with conventional combustion cars in 2025.”

Samuelsson said the convergence would be helped by reducing costs for components such as batteries and declining margins on conventional cars.

(Reporting by Esha Vaish in Gothenburg; Editing by David Goodman)

Source: OANN

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China’s surging 2019 gas demand will require better integration for end-users

Li Yalan, chairwoman of Beijing Gas Group, poses for a picture during an interview with Reuters at the company headquarters in Beijing
Li Yalan, chairwoman of Beijing Gas Group, poses for a picture during an interview with Reuters at the company headquarters in Beijing, China May 25, 2018. REUTERS/Chen Aizhu

April 8, 2019

By Chen Aizhu

SINGAPORE (Reuters) – China’s surging natural gas demand in 2019 will require more efforts to better connect end-users to suppliers as government policies and a recent tax cut will continue to spur consumption of the clean-burning fuel, a senior industry executive said.

China’s gas demand will expand by 30 billion to 40 billion cubic meters (bcm) this year, Li Yalan, Chairwoman of Beijing Gas Group, the main supplier to the Chinese capital, said in an interview on Friday.

That would be an increase of as much as 14 percent from the 280.3 bcm of gas China consumed in 2018, according to data from state economic planner the National Development and Reform Commission (NDRC). Gas consumption in 2018 was 18 percent higher than in 2017, the NDRC said.

The rising gas demand is a result of China’s government continuing policies to switch to gas from coal for heating and industrial uses and as the industrial sector buys more gas following cuts in the value-added tax that went into effect on April 1, she said.

“The broad direction is not going to change, which is to restructure the energy mix by increasing the share of natural gas,” Li told Reuters in a phone interview.

“What China needs to do is to connect the gas supplies with the demand nicely to ensure a smooth switch.”

Better state planning to ensure grid connections and to encourage energy companies to boost imports in advance helped China’s gas market, the world’s third largest, to expand by a record 43 bcm last year, Li said.

The expansion occurred after a supply crunch in the winter of 2017/18 as suppliers struggled to meet the demand surge for gas as a result of the policy to move millions of households to gas from coal and a cold winter.

“This year we’ll likely see the market growing between 30 and 40 bcm, which is a normal range,” said Li.

With domestic gas production growth capped by high development costs and new piped gas from Russia’s Siberian fields only due to start end of the year, China is expected to ramp up imports of liquefied natural gas (LNG), said Li.

China, the world’s second-largest LNG buyer since 2017, boosted imports 41 percent in 2018 to 54 million tonnes.

Li said Beijing, one of the world’s biggest gas consuming cities, consumed a record 18.5 bcm of gas last year, up 14 percent from 2017.

Gas use may also rise after the government’s cut in the value-added tax for manufacturers, as local authorities prepare to execute reductions in the fuel prices for industrial and commercial users, said Li.

(Reporting by Chen Aizhu; editing by Christian Schmollinger)

Source: OANN

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Thomas Jefferson statue must go, some Hofstra University students say

Hofstra University student activists are calling for the removal of a statue of Thomas Jefferson from campus near New York City because they say the third American president represents racism and slavery.

Students participated Friday in the second annual “Jefferson Has Gotta Go!” event over the statue that has been subject to protests and acts of vandalism in the past, with some previously defacing it with “DECOLONIZE” and “Black Lives Matter” slogans.

HOFSTRA ACTIVISTS WANT TO REMOVE THOMAS JEFFERSON STATUE

A petition last year was launched urging to move the Founding Father’s statue to a museum with proper context rather than display it “on a college campus, especially not in front of a hub of student life.”

“Jefferson’s values aided in the construction of institutionalized racism and justified the subjugation of black people in the United States,” the petition read. “Jefferson has been embraced as an icon by white supremacist and neo-nazi organizations such as the Ku Klux Klan and online white supremacist chat rooms.”

“Jefferson’s values aided in the construction of institutionalized racism and justified the subjugation of black people in the United States.”

— Protest organizers

The Jefferson Has Gotta Go campaign, organized by students are other area activists, held the protest on Friday at the site of the statue.

The group said its goal was to “expose the culture of bias and discrimination” and to demand “the statue of Thomas Jefferson is removed,” according to Campus Reform.

Hofstra College Democrats told the campus watchdog that they too “want the statue to be removed and [we] stand with the Jefferson Has Gotta Go Campaign.”

SOME GEORGE WASHINGTON UNIVERSITY STUDENTS CALL COLONIALS MONIKER 'OFFENSIVE,' PUSH TO CHANGE NAME

“JGG isn’t just about a statue," former College Democrats executive board member Miranda Pino seconded. “Yes, the removal of the statue is important, but it is about what the statue represents: a legacy of racism and bigotry on college campuses.”

But the protesters are going further than just calling for removal of the statue. They are also demanding “an online, bias reporting system, an online complaint receipt program, and mandated, comprehensive, cultural competency training.”

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The university hasn’t yet caved to the protesters’ demands, though last year the administration reportedly announced an intention to create a task force that would foster dialogue and education on “founding fathers, the Atlantic slave trade and Western expansion; to think about what freedom and equality mean at the University.”

Source: Fox News National

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Oklahoma woman accused of starving kids, feeding them feces

An Oklahoma mother has been charged with child neglect, accused of starving her children and feeding them dog feces.

The Tulsa World reports that 34-year-old Mary Elizabeth Moore was charged in Delaware County court this month.

The children, aged 5 and 3, are severely malnourished and have been placed on a special diet with nasal feeding tubes. They are in state custody.

An affidavit says the older child told Department of Human Services workers that she ate dog feces. The arresting officer noted the child had parasitic pinworms.

The girl also told investigators that her mother's boyfriend "throws bottles" at her younger sibling.

The affidavit says Moore denied starving her children and feeding them dog feces. Her court-appointed attorney, Lee Griffin, didn't immediately return a phone call Saturday seeking comment.

___

Information from: Tulsa World, http://www.tulsaworld.com

Source: Fox News National

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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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Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
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