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K-pop Big Bang member booked on alleged sex bribery; company shares drop

Seungri of South Korean band
FILE PHOTO: Seungri (Lee Seung-hyun) of South Korean band "Big Bang" poses with a Samsung Galaxy S3 phone sporting a cover with an image of the band on it during a pre-concert news conference in Singapore September 27, 2012. REUTERS/Tim Chong

March 11, 2019

SEOUL (Reuters) – A member of South Korean K-pop band Big Bang, who goes by the stage name Seungri, has been charged with providing prostitutes to foreign investors in his private club, media reported on Sunday, sending shares of his agency as much as 14 percent lower.

His agency, YG Entertainment Inc, one of South Korea’s three major K-pop talent agencies, told Reuters on Monday that it was aware the singer had been charged, however, it did not have any new comment.

Shares of YG Entertainment fell as much as 14.2 percent to their lowest since November 2018.

Police were not immediately available for comment.

The 28-year-old singer, whose real name is Lee Seung-hyun, was also not available for comment on Monday.

He denied procuring prostitutes last month when a media outlet reported he had been involved in “sex bribery”.

Shares of YG Entertainment plunged 21.9 percent after that report.

Following the February media report YG Entertainment said in a statement the report was false.

The agency said on Monday its position remained the same.

The scandal comes ahead of the singer’s mandatory military services, which all able-bodied men in South Korea must complete.

The agency said that the singer would join the army later this month to fulfill his military duties.

(Reporting by Joori Roh)

Source: OANN

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American Airlines Cancels 90 Flights a Day Over Boeing 737 Max

American Airlines extended cancellations of flights through April 24 due to the grounding of Boeing 737 Max aircraft, as federal regulators continue to investigate two deadly crashes involving the plane model. Southwest Airlines is also continuing to make cancellations.

American has 24 Boeing 737 Max aircraft in its fleet, and said Sunday that it will be canceling about 90 flights a day. Not every flight that was previously scheduled to be on a Max aircraft will be canceled, and some flights scheduled to fly on other aircraft types may ultimately be canceled. The airline said it will contact affected fliers directly.

Southwest, which has 34 Max aircraft, is making cancellations five days in advance, with an average of 130 daily cancellations. On Saturday, it also began to ferry all its Max aircraft to a facility in Victorville, California, without passengers, to free up space at the airports where they had been parked.

United Airlines, which has 14 Max aircraft, does not have any flights scheduled on the equipment through April 9. It doesn't expect any future cancellations as a result of the grounding of the planes, and it is using alternate aircraft to make up for their being grounded.

Aviation authorities around the world grounded Boeing 737 Max aircraft earlier this month following deadly crashes involving the plane model in Ethiopia and off the coast of Indonesia, which occurred within five months of each other.

Source: NewsMax America

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Vietnam announces traffic ban for possible Kim Jong Un summit arrival route

The Government Guesthouse is seen in Hanoi
FILE PHOTO: The Government Guesthouse is seen in Hanoi, Vietnam, February 19, 2019. REUTERS/Kham

February 22, 2019

By Khanh Vu

HANOI (Reuters) – Vietnam will ban traffic on the road North Korean leader Kim Jong Un is expected to take from a train station on the Chinese border to the capital, Hanoi, ahead of his summit next week with U.S. President Donald Trump, state media reported on Friday.

Vietnam has been preparing for Kim to arrive by train for the Feb. 27-28 summit in Hanoi, two sources with direct knowledge of security and logistics planning told Reuters on Wednesday.

Kim’s train will stop at the border station of Dong Dang where he will disembark and proceed 170 km (105 miles) to Hanoi by car, the sources said. Vietnamese police have stepped up security at the station in anticipation of an “important event”.

Traffic on that route will be partially banned from 7 p.m. on Feb. 25 and fully banned from 6 a.m. to 2 p.m. on Feb. 26, the ruling Communist Party’s Nhan Dan paper reported, citing the Directorate for Roads of Vietnam.

Kim Jong Un will arrive in Vietnam on Feb. 25, three sources with direct knowledge of his schedule told Reuters on Saturday.

In a statement issued late on Friday, the People’s Committee of Lang Son province, where Dong Dang station is located, said it would tighten security on the road. Roadworks there will be suspended from Feb. 24 until Feb. 28, the statement said.

It was not clear if Kim would take the thousands of km (miles) journey from the North Korean capital, Pyongyang, through China to the Vietnamese border, or first fly to a nearby Chinese city and then take the train.

In the Chinese border city of Dandong, however, the main hotel which overlooks the bridge into isolated North Korea said it was not taking reservations for Saturday because it was “undergoing renovations”.

And a diplomatic source in the Chinese city of Shenyang told Reuters that a train carrying Kim is expected to pass the area on Saturday.

The preferred location for the summit is the Government Guesthouse, a colonial-era government building in central Hanoi, three sources told Reuters on Wednesday.

They said the Metropole Hotel will be a backup location for the summit and Kim could possibly stay in the Melia hotel during his visit.

Preparations for the event are well underway in Hanoi. One Hanoi barber is offering free Trump or Kim haircuts, and bars are selling drinks named “Peace Negroniations” and “Kim Jong Ale”.

(Reporting by Khanh VuAdditional reporting by Gao Liangping in Beijing and Hyonhee Shin in Seoul; Editing by James Pearson/Mark Heinrich)

Source: OANN

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Dingell: Dems Spending ‘Lot of Energy’ on Unlikely Impeachment

Some Democrats are spending a "lot of energy" on impeachment when it is "very unlikely" to happen when they should instead focus on reforming healthcare, Rep. Debbie Dingell said Thursday.

"I think an impeachment would divide this country if we were not done it a bipartisan basis," the Michigan Democrat told Fox News' "Outnumbered Overtime." "I think everybody loves to speculate about this, but the fact of the matter is that I am focused on working an agenda for the people and that Republicans and Democrats need to worry about delivering for the American people on prescription drugs and infrastructure."

She further refused to speculate on special counsel Robert Mueller's report, before it has been released.

"I will not engage in parsing words on a report I have not seen," Dingell said. "None of us have seen it. We don't know what's in it. We've had a lot of people make assumptions on both sides."

Dingell said she's also focused on trade, as "we need a level playing field for our workers."

Meanwhile, Dingell said she's co-chairing the Medicare for All caucus because she thinks all Americans have the right to affordable, quality healthcare "so that if they are sick they don't worry about going to the doctor."

Trump also needs to concentrate on healthcare reform before the 2020 election, not after, said Dingell.

"Isn't it about time that every person that lives in this country, if they are sick, doesn't have to worry about if they have cancer, whether it's worth having a mammogram because they can't get the treatment?" she said.

Source: NewsMax Politics

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N. Korea calls for investigation into Madrid embassy attack

North Korea says it wants an investigation into an attack on its embassy in Spain last month, calling it a "grave terrorist attack" and an act of extortion that violates international law.

The incident occurred ahead of President Donald Trump's second summit with leader Kim Jong Un in Hanoi on Feb. 27-28. A mysterious group calling for the overthrow of the North Korean regime has claimed responsibility.

The North's official media quoted a Foreign Ministry spokesman as saying that an illegal intrusion into and occupation of a diplomatic mission and an act of extortion are a grave breach of the state sovereignty and a flagrant violation of international law, "and this kind of act should never be tolerated."

He claimed an armed group tortured the staff and stole communications gear.

Source: Fox News World

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Trump aides repeat threat to shut down U.S.-Mexico border on migrant crisis

FILE PHOTO: A person looks through the border wall towards the United States at Border Field State Park in San Diego
FILE PHOTO: A person looks through the border wall towards the United States at Border Field State Park in San Diego, California, U.S. November 20, 2018. REUTERS/Mike Blake/File Photo

March 31, 2019

By Humeyra Pamuk

WASHINGTON (Reuters) – The Trump administration on Sunday doubled down on its threat to shut down the southern border with Mexico, a day after it cut aid to Central American countries which President Donald Trump blasted for deliberately sending migrants to the United States.

Faced with a surge of asylum seekers from Central American countries who travel through Mexico, Trump said on Friday there was a “good likelihood” he would close the border this coming week if Mexico does not stop unauthorized immigrants from reaching the United States.

He also accused the nations of having “set up” migrant caravans and sent them north.

Speaking to ABC’s “This Week” show, White House acting Chief of Staff Mick Mulvaney said the president had few other options in the absence of any support from Democrats for more border security or legislative action to change the immigration law.

“Faced with those limitations, the president will do everything he can. If closing the ports of entry means that, that’s exactly what he intends to do,” Mulvaney said. “We need border security and we’re going to do the best we can with what we have,” he added.

White House adviser Kellyanne Conway told “Fox News Sunday” that the situation at the border was at “melting point” and said the president was serious in his threat. “It certainly is not a bluff. You can take the president seriously.”

Neither Trump aide offered any specific details or timeline for the potential border shutdown.

At a Saturday rally on the border in El Paso, Texas, Democratic presidential hopeful Beto O’Rourke denounced Trump’s immigration policies as the politics of “fear and division.”

Trump has repeatedly said he would close the U.S. border with Mexico during his two years in office. His latest threat had workers and students who frequently cross the border worried about the potential disruption to their lives.

The government says it is struggling to deal with a surge in recent days of asylum seekers from countries in Central America who travel through Mexico and on Saturday cut aid to El Salvador, Guatemala and Honduras.

March is on track for 100,000 border apprehensions, Department of Homeland Security officials said, which would be the highest monthly number in more than a decade. Most of those people can remain in the United States while their asylum claims are processed, which can take years because of ballooning immigration court backlogs.

(Reporting by Humeyra Pamuk; Additional reporting by Howard Schneider; editing by Michelle Price and Lisa Shumaker)

Source: OANN

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Jet Airways chairman tells pilots he needs more time to finalize rescue deal

Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai
FILE PHOTO: Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai, India, November 29, 2017. REUTERS/Danish Siddiqui

March 18, 2019

NEW DELHI (Reuters) – Jet Airways’ Chairman Naresh Goyal told the airline’s pilots on Monday he would need “a further short time” to finalize a rescue deal for the cash-strapped Indian carrier as the process is complex.

In a letter, Goyal said he is “committed to have the process completed as soon as possible and restore much needed stability” to the airline’s operations, and that he would make it a top priority to settle delayed salary payments for pilots and some other staff once a deal is finalised.

He also said that talks for the rescue deal with the airline’s biggest shareholder, Etihad Airways, and lenders, led by State Bank of India (SBI), are ongoing.

Saddled with debt of more than one billion dollars, Jet is struggling to stay afloat. It has delayed payments to banks, suppliers, pilots and lessors – some of whom have forced the airline to ground as many as 40 planes.

(Reporting by Aditi Shah; Edited by Martin Howell)

Source: OANN

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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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