Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am


Upcoming shows
Real News

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Canada says reopening USMCA trade pact could be a ‘Pandora’s box’

FILE PHOTO: Canadian Foreign Minister Chrystia Freeland takes part in a news conference in Washington
FILE PHOTO: Canadian Foreign Minister Chrystia Freeland takes part in a news conference at the Embassy of Canada in Washington, U.S., August 31, 2018. REUTERS/Chris Wattie/File Photo

April 4, 2019

OTTAWA (Reuters) – Canadian Foreign Minister Chrystia Freeland on Thursday cautioned against the idea of reopening a new continental trade pact with the United States and Mexico, saying it could be a “Pandora’s box.”

U.S. House Speaker Nancy Pelosi told Politico this week that changes needed to be made to the text of the United States-Mexico-Canada (USMCA) trade deal to ensure its labor provisions could be enforced.

“When it comes to the issue of actually opening up the agreement, that’s where Canada’s view is, we’ve done our deal,” Freeland told reporters on the sidelines of a NATO meeting in Washington when asked about Pelosi’s comments.

“This was a very intense negotiation. A lot of time, a lot of effort went into it, compromises were made on all sides, and we believe that people need to be very careful around opening up what could really be a Pandora’s box,” she added.

One part of the deal – which was signed last November after 15 months of sometimes rancorous negotiations – was a chapter designed to boost labor standards and wages in Mexico.

Democratic lawmakers say the pact must ensure workers in Mexico have the right to organize, a step that would require new Mexican labor laws.

“Canada has done its share, we have done our work, and now it’s up to each country to work on ratification,” said Freeland.

(Reporting by David Ljunggren; Editing by Dan Grebler)

Source: OANN

0 0

Catholic Church in Peru rebukes local bishop who sued journalists

FILE PHOTO: Peruvian journalist Pedro Salinas, who exposed a web of abuse in an elite Catholic society and is being sued for defamation by a local bishop, talks to Reuters during an interview in Lima
FILE PHOTO: Peruvian journalist Pedro Salinas, who exposed a web of abuse in an elite Catholic society and is being sued for defamation by a local bishop, talks to Reuters during an interview in Lima, Peru October 16, 2018. REUTERS/Mariana Bazo/File Photo

April 11, 2019

LIMA (Reuters) – The Catholic Church in Peru on Wednesday rebuked a local archbishop who has sued two local investigative journalists for libel after they broke a sex abuse story involving an elite Catholic society that he belongs to.

Jose Eguren, archbishop of the coastal city of Piura, has accused the journalists, Pedro Salinas and Paola Ugaz, of slandering him by accusing him of covering up the abuse. This week, a judge ruled in his favor and ordered Salinas to a year’s probation and $24,000 fine. A ruling is pending for Ugaz.

Human rights activists and journalists slammed the sentence as a blow to freedom of expression and efforts to end impunity for child sex abusers.

In a statement about the ruling, the Peruvian Episcopal Conference, which represents the Catholic Church in the country of 32 million people and reports to the Vatican, called for solidarity with the victims of abuse in the Church and for those who expose abuse such as journalists.

“The Holy Pope himself has praised and thanked journalists for work that has, through their investigations, contributed to the reporting of abuse, punishment for abusers and assistance for victims,” the presidency of the conference said.

“The Pope stresses that the Church needs help in this difficult task of fighting this evil,” added the statement, which did not mention Eguren directly.

Eguren said it was premature for the Episcopal Conference to comment on the case because the full ruling of Judge Judith Cueva had not been made public. “Before making pronouncements, it’s prudent in these circumstances to wait for the entire sentence to be read,” Eguren said in a statement.

Salinas and Ugaz say they accused Eguren of covering up the abuse because of accounts by victims. They say he is trying to silence them for reporting on accounts of sexual, physical and psychological abuse by leaders in Sodalitium Christianae Vitae, a Catholic society with pontifical approval that Eguren belongs to.

The book Salinas and Ugaz co-authored on Sodalitium in 2015, “Mitad Monjes, Mitad Soldados,” prompted investigations into former members of the society by the Peruvian prosecutors’ office and the Vatican.

An internal report by Sodalitium in 2017 concluded the group’s founder and other high-ranking former members had abused 19 minors and 10 adults. Last year, Pope Francis ordered the Vatican to take over the organization.

(Reporting by Mitra Taj; Editing by Peter Cooney)

Source: OANN

0 0

Russia’s Putin signs law banning fake news, insulting the state online

Russian President Vladimir Putin meets with members of the public in Simferopol
Russian President Vladimir Putin meets with members of the public in Simferopol, Crimea March 18, 2019. Yuri Kadobnov/Pool via REUTERS

March 18, 2019

MOSCOW (Reuters) – President Vladimir Putin has signed into law tough new fines for Russians who spread what the authorities regard as fake news or who show “blatant disrespect” for the state online, an official portal for legal information showed on Monday.

Critics have warned that the legislation could create a mechanism for state censorship, but lawmakers say the new measures are needed to combat false news reports and abusive online comments.

The legislation grants authorities the power to block websites if they fail to comply with requests to remove information that the state deems to be factually inaccurate.

Under the new law, individuals can be fined up to 400,000 rubles ($6,100) for circulating false information online that leads to a “mass violation of public order”.

People who show “blatant disrespect” online for the state, the authorities, the public, the Russian flag or the constitution can be fined up to 100,000 rubles under the new legislation. Repeat offenders can be jailed for up to 15 days.

(Reporting by Tom Balmforth; editing by Andrew Osborn)

Source: OANN

0 0

Swedish climate activist Thunberg admits she might be ‘very naive’

Greta Thunberg joins Italian students to demand action on climate change in Rome
Swedish environmental activist Greta Thunberg joins Italian students to demand action on climate change, in Piazza del Popolo, Rome, Italy April 19, 2019. REUTERS/Yara Nardi

April 19, 2019

ROME (Reuters) – Swedish climate activist Greta Thunberg wants to fix climate change and hopes for world peace, but acknowledges that she might be being “very naive”.

Thunberg, 16, has brought her campaign against rising global temperatures to Rome this week, meeting Pope Francis, addressing Italian parliamentarians and joining a student protest on Friday in a city-center square.

“I think what I want for the future is just that we fix everything and that we fix the climate and the ecological crisis so that everyone lives in peace, I guess, very naive,” she told Reuters, shrugging her shoulders.

Thunberg shot to prominence last August with weekly sit-ins on the cobblestones in front of Stockholm’s Parliament House with her “school strike for climate” sign.

Thousands of students around the world have since copied her and youth organizations have launched school strikes involving students in more than 40 countries.

Her single-minded determination have won her fans of all ages and she has also earned respect for living by her ideals.

“I do many small things just to change my habits, like I have become vegan, I have stopped flying, I have stopped shopping and small things like that,” she said, patiently straining to hear questions over the noise of the protest.

She rejected suggestions that she had stolen the limelight away from her cause, saying she did not like being a celebrity.

“I mean I don’t enjoy attention, but I enjoy making a difference,” she said, adding that she wanted to make sure that climate crisis was always the main focus of any trip.

Her blunt criticism of politicians has raised some eyebrows, but she warned that it was up to the current crop of leaders to find solutions because time was running out.

“When I am grown up, when I am old enough to become a politician, I mean it will be too late to act because we need to act now,” she said. “We can’t wait for people like me to grow up and become the ones in charge.”

(Reporting by Antonio Denti; Editing by Crispian Balmer and David Evans)

Source: OANN

0 0

Hungary’s top diplomat praises Trump on NATO push, contrasts against Obama-era ‘lecturing’

NEW YORK -- Hungary’s top diplomat, in an interview with Fox News, praised President Trump’s push for NATO partners to boost military spending -- and said the administration's treatment of Central European countries as allies represents a stark contrast from what he called the “lecturing” of the Obama years.

“Since the current administration has been in power, the relationship has totally changed and the relationship is based on mutual respect which used not to be the case,” Foreign Minister Peter Szijjarto told Fox News. “So before this administration took office, ‘lecturing’ was basically the right expression to describe our relationship.”

HUNGARY JOINS US IN WITHDRAWING FROM UN GLOBAL MIGRATION AGREEMENT

Szijjarto’s comments come just days after Hungary and the U.S. signed a new Defense Cooperation Agreement (DCA). A State Department official told Fox News that the new agreement means the U.S. and Hungary will be “better positioned to meet and overcome current and future challenges that threaten stability in the region and beyond.”

Szijjarto hailed the agreement as a “clear signal” of the change that has come to the U.S.-Hungarian relationship since Trump entered the White House.

It is not difficult to see why the two countries have grown closer during the Trump administration. Both Hungarian Prime Minister Viktor Orban and Trump have won elections running campaigns heavy on nationalism and tough on illegal immigration (Hungary has built two border fences since 2015) -- sometimes to anger from international bodies such as the United Nations and European Union. Hungary was one of the countries to join the U.S. in withdrawing from the U.N. global pact on migration last year.

Both Orban and Trump have been criticized for their immigration policies, while liberal groups in Hungary have alleged that the Orban government is eroding judicial independence and cracking down harshly on political opposition groups -- including passing a “Stop Soros” package of laws aimed at curbing the influence of Hungarian-American left-wing billionaire George Soros in the country.

Szijjarto indicated there are similarities between the opposition facing Trump and the Hungarian government.

“We understand the global liberal political elite and global liberal media hate your president, they hate what he has been doing, but they hate what we have been doing as well,” he said.

Szijjarto, who has met with Secretary of State Mike Pompeo multiple times in the last year, gave the example of an early visit to D.C. after he was appointed foreign minister in 2014 as an example of the "lecturing" relationship from the U.S. during the Obama administration. He said that on that visit, he was not greeted by Secretary of State John Kerry but by then-Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland, who he said confronted him with a list of domestic reforms.

“She basically threw a paper on the table when we had the negotiations ... where some instructions were written how we should change our constitution, how we should change our regulation regarding media, constitutional court, churches, so on and so forth and she told me if we could comply with these instructions or advices then it would be possible to speak about enhancing the bilateral political cooperation,” he said.

“I mean, this is a clear interference into domestic issues, telling another country what to decide,” he added.

HUNGARY'S PRO-TRUMP, POPULIST GOVERNMENT PUSHES SOROS CRACKDOWN

A former senior Obama administration official disputed Szijjarto’s account, telling Fox News that the list was a response to Hungarian government complaints that it was not receiving higher-level engagement from the administration, such as a meeting with Kerry.

The Hungarian government, the official said, indicated it was willing to work with the Obama administration on U.S. concerns about what was going on in Hungary domestically.

“It was an opportunity for them to address those concerns, it wasn’t a demand sheet or a rap sheet,” the official said.

The official also said that the administration continued to work closely on a number of areas, including NATO issues, energy diversification and the crises in Crimea and Ukraine: “It wasn’t like we iced them out, but it was simply that we weren’t going to spend a lot of time endorsing the regime with higher-level engagement amid that democratic backsliding.”

But whatever happened at the meeting, there can be little doubt that the Trump administration’s approach to Hungary has been friendlier, something Szijjarto said has strengthened the U.S. alliance in the region.

“We are very happy that this administration looks at us Central Europeans as allies instead of lecturing us how to accommodate our life,” he said, calling it a “totally different approach” from the previous administration.

Szijjarto said Hungary has no issue with Trump’s push for nations to meet commitments to spend 2 percent of GDP on defense.

“We think that it was absolutely legitimate from his perspective to argue for nation’s commitments to be fulfilled as soon as possible,” he said, adding that Hungary had already met that commitment.

Trump’s aggressive stance with NATO allies, including reports that he has considered withdrawing from the alliance, has led to criticism he is weakening NATO.

But Szijjarto’s remarks echo those of NATO Secretary General Jens Stoltenberg who, in a speech to Congress this month, said that Trump’s push to increase defense spending made the alliance stronger.

“Allies must spend more on defense. This has been the clear message from President Trump,” Stoltenberg said. “And this message is having a real impact.”

CLICK HERE FOR THE FOX NEWS APP

Stoltenberg told lawmakers that European allies and Canada have spent an additional $41 billion in the last two years and that by the end of 2020, that figure will rise to $100 billion.

“That money will allow us to invest in new capabilities our armed forces need, including advanced fighter aircraft, attack helicopters, missile defense and surveillance drones,” he said. “This is good for Europe and it is good for America.”

Source: Fox News Politics

0 0

Rolls-Royce agrees early inspections for Trent engine blades

A Rolls-Royce logo is seen on the first A380 for All Nippon Airways (ANA) during its delivery ceremony at the Airbus delivery center in Colomiers
A Rolls-Royce logo is seen on the first A380 for All Nippon Airways (ANA) during its delivery ceremony at the Airbus delivery center in Colomiers near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau

April 10, 2019

(Reuters) – British engine maker Rolls-Royce said on Wednesday it had agreed with regulatory authorities to inspect some Trent 1000 TEN engines earlier than previously planned after the recent re-emergence of issues related to blade deterioration.

Rolls-Royce said customers will be formally informed of the accelerated inspection regime on Wednesday and that its guidance for in-service cash costs on the Trent 1000 in 2019 and 2020 remains unchanged.

“This blade deterioration is a known issue but it is occurring faster than we expected on some engines,” said Chris Cholerton, Rolls-Royce President for Civil Aerospace.

Singapore Airlines Ltd grounded two Boeing Co 787-10 jets fitted with Trent 1000 TEN engines last week after checks of its fleet found premature blade deterioration.

The Trent 1000 TEN is the latest version of an engine that has had a problematic entry into service. As of late February, Rolls-Royce said 35 787s were grounded globally due to engine blades corroding or cracking prematurely. The manufacturer said it was aiming to reduce the number to 10 by the end of the year.

In February, the company raised a Trent 1000 accounting charge to 790 million pounds ($1.03 billion) from 554 million pounds at the half year, contributing to a full-year operating loss of 1.16 billion pounds. It also allocated another 100 million pounds in cash to the problem.

Rolls-Royce said that since the entry into service of the Trent 1000 TEN, it had communicated to operators that the high-pressure turbine blades in the engine would have a limited life.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur)

Source: OANN

0 0

Prosecutors dismiss case against DE Bennett

NFL: Philadelphia Eagles at Dallas Cowboys
FILE PHOTO: Dec 9, 2018; Arlington, TX, USA; Philadelphia Eagles defensive tackle Michael Bennett (77) prior to the game against the Dallas Cowboys at AT&T Stadium. Mandatory Credit: Matthew Emmons-USA TODAY Sports

April 3, 2019

Prosecutors in Houston announced Wednesday they are dismissing their case against defensive end Michael Bennett, who had been accused of shoving an elderly, wheelchair-bound NRG Stadium worker during Super Bowl LI.

“We dismissed this case in the interest of justice,” said Vivian King, chief of staff of the Harris County District Attorney’s Office. “After looking at all the evidence, this was the right thing to do.”

Bennett, now with the New England Patriots, had been facing a felony charge of injury to the elderly, punishable by up to 10 years in prison.

The 6-foot-4, 275-pound lineman was accused of pushing and injuring a 66-year-old paraplegic woman as he tried to get onto the field to celebrate with his brother, former Patriots tight end Martellus Bennett, after New England defeated Atlanta on Feb. 5, 2017.

Houston police chief Art Acevedo called Bennett “morally bankrupt” when the charges were announced in March 2018.

“Mr. Bennett may think that because he’s an NFL player and some time passed … he may have thought that, number one, rules don’t apply to him, number two, he doesn’t have to respect the dignity of a paraplegic woman who’s trying to earn a living,” Acevedo said at a news conference.

Bennett’s attorney, Rusty Hardin, predicted a year ago that the case would ultimately be thrown out.

“There was no fighting, there was no pushing,” Hardin said. “The entire thing is ludicrous. That’s what I think we’ll find when it’s all over.”

Bennett, a member of the Seattle Seahawks at the time of the alleged incident, played for the Philadelphia Eagles last season and was traded to the Patriots last month.

–Field Level Media

Source: OANN

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

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

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

Title

Artist