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NYPD's Hate Crime Unit Probes Anti-Semitic Graffiti on Ginsburg Poster

Police in New York City are investigating the defacing of a poster featuring Supreme Court Justice Ruth Bader Ginsburg as a hate crime.

According to the New York Post, the graffiti was discovered in a Brooklyn subway station. The words "Die; Jew B**ch!" were scrolled on Ginsburg's face in black marker. Covering her mouth was a black swastika.

Dermot F. Shea, the NYPD's chief of detectives, posted a tweet that said detectives are approaching the incident as a hate crime.

"Thank you @BPEricAdams and @Chevi_F for bringing this abhorrent incident to our attention," Shea wrote. "Detectives from @NYPDHateCrimes are working with @NYPDTransit and will be conducting a full investigation. As always, NYC has no place for hate. @NYPDnews @NYPDDCPI"

The MTA scrubbed the poster clean on Tuesday.

The poster is an advertisement for a new book written about Ginsburg, who has served on the Supreme Court since 1993.

Source: NewsMax America

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Florida man who filmed Instagram Live shooting fired at deputies first, police say

A 23-year-old domestic violence suspect in Florida, who was armed with a gun and live-streaming the incident on Instagram, was shot at last week after he opened fire first at officers, according to police.

The Orange County Sheriff's Office released body camera video on Thursday of the incident Wednesday involving Laforest Duron Gray Jr and three officers.

"After talking with the deputies involved and reviewing the bodycam footage, the suspect clearly shot at our officers one time," Orange County Sheriff John Mina told reporters. "The officers returned fire."

Officers had been called to the home after a neighbor called 911 to report a domestic violence incident between Gray and his wife, according to an arrest affidavit obtained by FOX35.

TEXAS WOMAN ACCUSED OF DRIVING DRUNK, CRASHING INTO POLICE VEHICLE

The neighbor had told deputies that Gray's wife jumped into his car asking for help before the suspect opened the car door, dragged her out by her hair, and implied to the driver that he had a gun, according to the arrest report.

Laforest Duron Gray Jr. is now charged with four counts of attempted murder on a law enforcement officer, domestic violence, and burglary.

Laforest Duron Gray Jr. is now charged with four counts of attempted murder on a law enforcement officer, domestic violence, and burglary. (Orange County Jail)

Video released by the sheriff's office shows that when deputies arrived and ordered Gray to put both hands up in the air as he was holding a phone in his left hand and live-streaming the encounter on Instagram.

CALIFORNIA WOMAN STABBED OFFICER AFTER DRIVING OVER 100 MPH ON INTERSTATE 5, POLICE SAY

When Gray finally lifted his left hand, the video shows Gray holding onto a silver pistol with his right hand, pointing it at deputies and firing off a round. Three deputies then fired at Gray, but no one was struck during the gun battle.

CLICK HERE FOR THE FOX NEWS APP

Deputies used a K-9 to eventually get Gray into custody. He is now charged with four counts of attempted murder on a law enforcement officer, domestic violence, and burglary. He is currently being held at the Orange County Jail without bond.

Source: Fox News National

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German Bund yield crashes below zero for first time since 2016 as bleak data rattles markets

The German share price index DAX graph at the stock exchange in Frankfurt
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 12, 2019. REUTERS/Staff

March 22, 2019

By Virginia Furness and Dhara Ranasinghe

LONDON (Reuters) – Germany’s 10-year bond yield dived below zero percent on Friday for the first time since October 2016, as a survey showing German manufacturing contracted for a third straight month fueled fears about a widespread European slowdown.

Those concerns were exacerbated when the U.S. manufacturing sector flash Purchasing Managers’ Index (PMI) came in below estimates, triggering an inversion of the U.S. bond yield curve for the first time since 2007.

In a session of eye-popping moves across major bond markets, Germany’s 10-year bond yield slid over 6 basis points to minus 0.032 percent, its lowest since October 2016.

French and Dutch long-dated bond yields hit their lowest since 2016, British gilt yields fell to their lowest since September 2017 and the 10-year U.S. Treasury yields slid 10 bps to 14-month lows.

“We had tentative signs of a stabilization in the economic numbers and then the data came out today and it suggested there is no stabilization,” said Peter Schaffrik, global macro strategist at RBC Capital Markets in London.

IHS Markit’s flash composite Purchasing Managers’ Index measuring activity in German services and manufacturing, which together account for more than two-thirds of the economy, fell to 51.5 in March, its lowest reading since June 2013.

The broader euro zone PMI meanwhile showed that businesses across the 19-country currency bloc have performed much worse than expected this month.

“The narrative behind it isn’t a big surprise … But the size of the surprise is fairly material. These things happen very rarely, and the surprise is what matters the most for market activity,” said Antoine Bouvet, rates strategist at Mizuho.

The bleak data comes after the U.S. Federal Reserve this week abandoned its projections for a rate hike this year and as Brexit uncertainty has grown, bolstering demand for safe-haven assets.

The ripple effects were felt across markets.

The euro fell 0.9 percent to below $1.13, while Europe’s STOXX 600 index tumbled 1 percent. Italian bond yields rose as a “risk-off” mood gripped investors.

In a worrying sign for the European Central Bank, its favored market gauge of long-term inflation expectations fell to 1.4169 — down almost 6 bps from Thursday’s closing levels to its lowest since 2016.

HOW LOW?

Concern about growing recession risks was highlighted by the move in the U.S. bond yield curve. The gap between three-month Treasury bills and 10-year note yields inverted on Friday for the first time since 2007.

In France and Germany, 30-year bond yields slid almost 10 bps each as investors moved up the government bond curve in the hope of getting some yield. They were set for their biggest daily falls since 2016.

Germany’s 10-year yield last hit zero percent on Oct. 21, 2016, when ECB chief Mario Draghi dispelled market concerns about tapering and said the ECB remained committed to its now-ended asset purchase program. Bund yields below zero percent show investors are willing to pay the German government to hold its long-term debt, seen among the safest of assets.

“We think Bund yields can now certainly revisit the minus 0.15 percent area which refocuses investor concerns about the growth trajectory,” said Rabbani Wahhab, senior fixed income fund manager at London and Capital.

(Reporting by Virginia Furness and Dhara Ranasinghe; Editing by Catherine Evans)

Source: OANN

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Islamic State group claims Kabul attack on Shiite shrine

The Islamic State group has claimed responsibility for a string of bombings near a Shiite shrine and cemetery in the Afghan capital the day before that killed six people and wounded 20.

The Sunni militant group, which has repeatedly targeted Afghanistan's minority Shiites, said in a statement posted on an IS-affiliated website early on Friday that it was behind the attack.

The bombings in western Kabul came as people were gathering at the cemetery on Thursday to mark Nowruz, the Persian Iranian New Year. The police's initial investigation indicated that three explosive devices had been remotely detonated, setting off the explosions.

The IS statement said the attack's "aim was to spoil the ritual of the polytheists." The Sunni militant group considers Shiites as apostates deserving of death.

Source: Fox News World

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Report: Newly Released Emails Show Executives Agreeing to Understate OxyContin’s Risks

Newly released emails from 1997 appear to show that former Purdue Pharma executive Richard Sackler agreed to let physicians think OxyContin’s active ingredient was weaker than morphine when first marketing the moneymaking opioid.

The emails between Sackler and executives including sales and marketing head Michael Friedman were part of a sealed Aug. 28, 2015 deposition obtained by ProPublica. The deposition is “believed to be the only time a member of the Sackler family has been questioned under oath about the illegal marketing of OxyContin and what family members knew about it,” according to ProPublica.

“It would be extremely dangerous at this early stage in the life of the product to make physicians think the drug is stronger or equal to morphine. … We are well aware of the view held by many physicians that oxycodone [the active ingredient in OxyContin] is weaker than morphine,” Friedman wrote in a May 1997 email to Sackler, according to ProPublica. “I do not plan to do anything about that.”

“I agree with you,” Sackler wrote back. “Is there a general agreement, or are there some holdouts?”

Report detailing America’s war on drugs.

Purdue Pharma has been accused of helping create the opioid crisis through the aggressive marketing of its products — and some analysts blame the way Purdue Pharma promoted OxyContin for the roughly 200,000 prescription opioid-related overdose deaths since 1999, according to ProPublica.

Days after the email exchange with Friedman, Sackler emailed with Purdue Pharma official Michael Cullen, who wrote:

Since oxycodone is perceived as being a weaker opioid than morphine, it has resulted in OxyContin being used much earlier for non-cancer pain. Physicians are positioning this product where Percocet, hydrocodone and Tylenol with codeine have been traditionally used. … It is important that we be careful not to change the perception of physicians toward oxycodone when developing promotional pieces, symposia, review articles, studies, et cetera.

“I think that you have this issue well in hand,” Sackler responded to Cullen via email according to the deposition.

Sackler said his words were being taken out of context at the 2015 deposition.

“Within this time it appears that people had fallen into a habit of signifying less frightening, less threatening, more patient-acceptable as under the rubric of weaker or more frightening, more — less acceptable and less desirable under the rubric or word ‘stronger,’” Sackler said at his deposition. “But we knew that the word ‘weaker’ did not mean less potent. We knew that the word ‘stronger’ did not mean more potent.”

Members of the Sackler family escaped legal consequences when Purdue Pharma executives pleaded guilty in 2007 to charges that the company had misrepresented the risks of OxyContin, reported The New York Times. The company and three top executives paid a historically large $634.5 million in fines.

(Photo by U.S. Air Force photo illustration by Tech. Sgt. Mark R. W. Orders-Woempner)

OxyContin was Purdue Pharma’s biggest revenue stream with $35 billion in sales between 1995 and 2015. It helped make the Sacklers the 19th-richest family in the U.S. with an estimated $13 billion net worth, according to Forbes. A 2017 Daily Caller News Foundation investigation found no evidence the Sackler family was using its vast personal wealth to help recovering opioid addicts.

The previously unseen emails come as Massachusetts Attorney General Maura Healey’s office continues in its suit against Purdue Pharma alleging that the company misled doctors and patients about the risks of opioids to increase prescriptions. Healey, a Democrat, filed the suit in June, one of many such suits that have been filed against Purdue Pharma in relation to its marketing of opioid products.

Healey’s 312-page filing draws from other previously unseen emails in which Sackler, a former president of Purdue Pharma, encouraged obfuscation in response to concern about the addictive powers of prescription opioids, reported The Times.

Gavin McInnes exposes that 60 Minutes was paid to put blame on the doctors and not on the pharmaceutical company itself.

Source: InfoWars

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Chicago prosecutor Kim Foxx chided by national attorneys group after Jussie Smollett charges dropped

The decision by Cook County State’s Attorney Kim Foxx's office to drop charges that “Empire” actor Jussie Smollett staged a racist, anti-gay attack has drawn scorn from not only the mayor of Chicago and members of law enforcement, but a national group that claims to represent thousands of prosecutor offices.

The National District Attorneys Association chided the prosecutor's handling of the case, including Foxx's decision to recuse herself before Smollett was charged last month because she had discussed the case with a Smollett family member. The case was then handed to First Assistant State’s Attorney Joseph Magats.

"First, when a chief prosecutor recuses him or herself, the recusal must apply to the entire office, not just the elected or appointed prosecutor," the group said in a news release. "This is consistent with best practices for prosecutors’ offices around the country."

The group, which claims to represent roughly 2,700 prosecutors’ offices around the country, also said that prosecutors "should not take advice from politically connected friends of the accused."

SMOLLETT DAMAGE CONTROL SEEN IN INTERNAL EMAIL FROM FOXX'S OFFICE AS SHE DEFENDS 'ALTERNATIVE PROSECUTION MODEL'

"Each case should be approached with the goal of justice for victims while protecting the rights of the defendant," the group said.

Email and text messages provided to the Chicago Sun-Times by Foxx’s office show former first lady Michelle Obama’s chief of staff Tina Tchen contacted Foxx a few days after the report of the attack to set up a telephone conversation with a Smollett relative.

Foxx told the Sun-Times the relative expressed concerns over leaked information that media outlets attributed to “police sources.” Foxx then called Chicago Police Superintendent Eddie Johnson to ask him to let the FBI investigate the alleged attack. The contacts were cited by Foxx in recusing herself from the case on Feb. 13, well before Smollett was charged.

DOJ, FBI TO REVIEW ‘OUTRAGEOUS’ JUSSIE SMOLLETT CASE, TRUMP SAYS

In an interview with WBBM-TV on Wednesday, Foxx said no one tried to intervene on Smollett’s behalf, despite emails showing that she was contacted by people linked to Smollett about the case.

"There was no attempt, whatsoever, to influence the outcome of this case," she told the television station. "None whatsoever."

Cook County State’s Attorney Kim Foxx told FOX32 5,700 people have participated in "alternative prosecution cases" such as Jussie Smollett.

Cook County State’s Attorney Kim Foxx told FOX32 5,700 people have participated in "alternative prosecution cases" such as Jussie Smollett. (FOX32)

Smollett forfeiting his $10,000 bond and doing community service in return for dropping the charges was also a point of criticism by the district attorney's group.

"Third, when a prosecutor seeks to resolve a case through diversion or some other alternative to prosecution, it should be done so with an acknowledgment of culpability on the part of the defendant," the group said. "A case with the consequential effects of Mr. Smollett’s should not be resolved without a finding of guilt or innocence."

JUSSIE SMOLLETT BOMBSHELL PITS OBAMA CHIEFS OF STAFF AGAINST ONE ANOTHER

Foxx defended her office's actions in a separate interview with FOX32 on Wednesday, saying that the dropping of charges "in no way exonerates" Smollett.

"He was charged with a Class 4 felony. I mean he doesn't have a background. When I look at similarly situated people who are charged with the same level of felony without a background I believe in this case, justice was appropriate," she said. "Again I didn't make that decision, he was availed to alternative prosecution model that anybody else without his riches, without his fame were also availed to."

She also said that 5,700 people have participated in "alternative prosecution cases" with similar outcomes.

"So while it's frustrating, the nature of his offense, we treated Mr. Smollett in the same way we would treat similarly situated folks," Foxx told FOX32.

CHICAGO COPS SHARED DATA ON SMOLLETT'S ICLOUD WITH FBI: REPORT

An internal email from the Foxx's office obtained by Fox News on Wednesday asked assistant state's attorneys to dig for any examples to bolster her claim that the dropped charges in the Smollett case weren’t as uncommon or shocking as they seemed.

The email read in part: “We are looking for examples of cases, felony preferable, where we, in (exercising) our discretion, have entered into verbal agreements with defense attorneys to dismiss charges against an offender if certain conditions were met...”

An internal email from Kim Foxx’s office obtained by Fox News asked workers to dig for examples bolstering Foxx’s claim that the dropped charges in the Jussie Smollett case weren’t as uncommon or shocking as they seemed.

An internal email from Kim Foxx’s office obtained by Fox News asked workers to dig for examples bolstering Foxx’s claim that the dropped charges in the Jussie Smollett case weren’t as uncommon or shocking as they seemed. (Getty/File)

The email added, “Nobody is in trouble, we are just looking for further examples of how we, as prosecutors, use our discretion in a way that restores the victim…”

It was not clear who sent it, and exactly when it was sent. But the email was obtained as Foxx was participating in a series of interviews defending her office's decision. The statement from the group came before President Trump announced Thursday that the FBI and Justice Department will review the “outrageous” decision to drop charges in the Smollett case.

CLICK HERE FOR THE FOX NEWS APP

An attorney for Smollett late Wednesday blasted Chicago officials, saying they have “continued their campaign against Jussie Smollett after the charges against him have been dropped.”

Actor Jussie Smollett talks to the media before leaving Cook County Court after his charges were dropped, Tuesday, March 26, 2019, in Chicago.

Actor Jussie Smollett talks to the media before leaving Cook County Court after his charges were dropped, Tuesday, March 26, 2019, in Chicago. (AP Photo/Paul Beaty)

Patricia Brown Holmes said the case is closed.

“We should all allow Mr. Smollett to move on with his life as a free citizen,” she said in a statement.

Fox News' Matt Finn in Chicago and Frank Miles and The Associated Press contributed to this report.

Source: Fox News National

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Brazil ex-President Temer charged in graft case linked to meatpacker JBS

FILE PHOTO: Former Brazil's President Michel Temer gestures during a ceremony to launch the new program of the Brazilian state development lender BNDES at the Planalto Palace in Brasilia
FILE PHOTO: Former Brazil's President Michel Temer gestures during a ceremony to launch the new program of the Brazilian state development lender BNDES at the Planalto Palace in Brasilia, Brazil August 23, 2017. REUTERS/Adriano Machado/File Photo

March 29, 2019

By Eduardo Simões

SAO PAULO (Reuters) – Former Brazilian President Michel Temer has been formally charged with corruption on allegations of using a middleman to procure a suitcase full of cash from the world’s largest meatpacker, JBS SA, federal prosecutors said on Thursday.

Temer, who was president from 2016 until the end of 2018, was arrested last week as part of a separate investigation and accused of running a vast criminal enterprise that sought bribes for public works projects.

He denies all charges and was freed this week after a petition by his lawyers.

In 2017, Rodrigo da Rocha Loures was caught on video by security cameras running out of a Sao Paulo restaurant carrying a bag with 500,000 reais ($128,166) in cash that prosecutors said was a bribe from the owners of JBS.

Plea-bargain testimony by two executives of JBS holding company J&F Investimentos SA implicated Temer and other politicians in corruption and led prosecutors to accuse Rocha Loures of being a middleman for Temer, which the former president denied. Rocha Loures, who has also denied the charges, is awaiting trial.

On Thursday, Temer was officially charged by federal prosecutors with having received bribes paid by a JBS official and delivered by a J&F executive.

Temer’s lawyer, Eduardo Carnelós, said in a statement that the charges were part of a “sordid operation aiming to depose the former president of the republic.” He added that the charges were “devoid of any foundation.”

(Reporting by Eduardo Simoes)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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

April 26, 2019

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

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

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

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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

April 26, 2019

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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

April 26, 2019

By Medha Singh and Agamoni Ghosh

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

By Jan Wolfe and Richard Cowan

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

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

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

WHAT ARE GROUNDS FOR IMPEACHMENT?

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

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

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

HOW DOES IMPEACHMENT PLAY OUT?

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

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

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

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

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

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

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

CAN THE SUPREME COURT OVERTURN?

No.

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

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

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

PROOF OF WRONGDOING?

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

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

PARTY BREAKDOWN IN CONGRESS?

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

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

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

WHO BECOMES PRESIDENT IF TRUMP IS REMOVED?

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

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

Source: OANN

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