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Iraqi president in Mosul after sinking of ferry killed 94

Iraq's president has rushed to the northern city of Mosul and is holding meetings with security officials there over the sinking of a ferry in the Tigris River that killed 94 people.

President Barham Saleh's visit came as search teams were trying to find more bodies after the ferry, overloaded with holidaymakers celebrating both Nowruz, the Persian New Year, and also Mother's Day, capsized near the city with dozens on board, including families with children.

Iraqi Prime Minister Adel Abdul-Mahdi ordered an investigation and briefly visited Mosul, where he declared three days of national mourning.

Iraqi judicial authorities ordered the arrest of nine workers operating the ferry. The men were detained and an arrest warrant is out for the owner of the tourist island where it was headed.

Source: Fox News World

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Democrats desperately 'fear mongering' in ploy to turn voters against President Trump: Fox Nation's David Webb

Fox Nation host David Webb said Monday that Democrats are “fear mongering” as a desperate ploy to divide America.

“Here’s what Donald Trump has done, he’s co-opted a lot of their policies. He’s reached out to blacks, he reached out to the unions, he’s reached out to a lot of their base and he’s captured so many of them that it worried the Democrats. So now what do you do?” Webb told “Fox & Friends.” “You have to fear monger, you have to get them an enemy.”

Webb was reacting to various Democrats attempting to link President Trump or other policies to issues of race in the country.

THE FIVE TAKE ON BETO O'ROURKE'S HAND GESTURES

On Friday, 2020 Democratic presidential candidate Beto O'Rourke said he was a capitalist but said the “racist capitalist economy” was “imperfect, unfair, unjust.”

"Racists think he's a racist and his language hurts people," Democratic presidential candidate Sen. Cory Booker, D-N.J., said about President Trump Monday on  MSNBC’s “Hardball with Chris Matthews.”

After listening to the two examples, Webb accused Democrats of pandering.

“If everything’s racist then what is the real issue,” Webb said. “The problem is this is pandering.”

WHO'S RUNNING FOR PRESIDENT IN 2020? GROWING FIELD OF CANDIDATES JOIN RACE FOR DEMOCRATIC NOD

Fox Nation host David Webb said Monday that Democrats are “fear mongering” as a desperate ploy to divide America.

Fox Nation host David Webb said Monday that Democrats are “fear mongering” as a desperate ploy to divide America.

Webb added, “It’s a lie and America is not this.”

The Fox Nation host also believes a large majority of Americans of different backgrounds are fed up with being put into categories.

CLICK HERE TO GET THE FOX NEWS APP

“People have had it with being told that you’re black, you’re this, you’re Hispanic, you’re this, you’re a woman, you’re this, you’re young, you’re this,” Webb said.

“They’re putting everyone in categories.  My point is a lot of Americans have said I’m sick of being put in a category.”

Source: Fox News Politics

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Lighthizer, Mnuchin to Hold Trade Talks Next Week in Beijing

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning on April 30, the White House said in a statement on Tuesday.

It said Chinese Vice Premier Liu He, who will lead the Beijing talks for China, will travel to Washington for more discussions starting on May 8.

"The subjects of next week’s discussions will cover trade issues including intellectual property, forced technology transfer, non-tariff barriers, agriculture, services, purchases, and enforcement," the White House said.

Source: NewsMax Politics

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House Judiciary Chair Subpoenas AG Barr For Unredacted Mueller Report

House Judiciary Chairman Jerrold Nadler has subpoenaed the Justice Department for a full, unredacted version of Special Counsel Robert Mueller’s report, as well as its underlying evidence.

“My Committee needs and is entitled to the full version of the report and the underlying evidence consistent with past practice,” Nadler said in a statement released Friday. “Even the redacted version of the report outlines serious instances of wrongdoing by President Trump and some of his closest associates.”

Nadler’s subpoena demands the material by May 1.

Mueller’s report cleared President Trump of any collusion or conspiracy with Russia to swing the 2016 election, and found no legal basis to charge the president with obstruction of justice, but stopped short of“exonerating” him.

Rather, Mueller left it up to Congress to decide whether or not to “apply obstruction laws,” a decision that Nadler has embraced.

“It now falls to Congress to determine the full scope of that alleged misconduct and to decide what steps we must take going forward,” his statement continued. Speaking to reporters on Thursday, the New York Democrat said that impeachment proceedings are “one possibility.”

“We will proceed with our enquiries,” he said, adding that Mueller’s report “was probably written with the intent of providing Congress with a road map.”


Democrats have been projecting obstruction onto President Trump, yet they are the ones responsible for obstructing the 2016 election.

Mueller’s roughly 400 page report is littered with more than 800 redactions, from a name here and there to entire pages of text. Theses redactions were made for four reasons: to protect “investigative techniques,” to avoid releasing classified grand jury information, to avoid compromising ongoing investigations, and to avoid infringing on the privacy of “peripheral third parties.”

It is unclear whether a completely unredacted report can be released, and whether such a report could possibly implicate Trump in anything illegal. Trump himself has claimed complete vindication, and Republicans have dragged Democrats for attempting to keep the ‘Russiagate’ investigation alive.

“Democrats want to keep searching for imaginary evidence that supports their claims, but it is simply not there,” said House Minority Leader Kevin McCarthy. “It’s time to move on.”


The deep state has been exposed as never before now that AG Bill Barr has released a statement about the facts listed in the Mueller report.

Source: InfoWars

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U.S., China Trade Talks Expected to Resume in Washington Next Week

U.S., China Trade Talks Expected to Resume in Washington Next Week

OAN Newsroom
UPDATED 10:48 AM PT — Sat. Feb. 16, 2019

In an effort to end the ongoing trade war, trade talks between the U.S. and China are slated to continue in Washington D.C. next week.

On Friday, White House officials said the two sides plan to resume discussions to reach an agreement prior to the March 1st deadline.

U.S. Treasury Secretary Steven Mnuchin, second from left, shakes hands with Chinese President Xi Jinping as U.S. Trade Representative Robert Lighthizer, left, and Chinese Vice Premier Liu He, right, look on before their meeting at the Great Hall of the People in Beijing, Friday, Feb. 15, 2019. (AP Photo/Andy Wong, Pool)

The Washington talks are expected to be led by U.S. Trade Representative Robert Lighthizer, along with China’s Vice Premier and Chief Trade Negotiator.

This comes after President Trump floated the idea of extending the deadline if it will bring the nations closer to a deal and prevent tariffs from rising on Chinese goods.

Meanwhile, tariffs are expected to increase from 10% to 25% if no deal is reached.

Source: OANN Top News

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House Dems Introduce Measure to Revoke Trump Border Edict

House Democrats on Friday introduced a resolution to block the national emergency declaration that President Donald Trump issued to fund his long-sought wall along the U.S-Mexico border.

House Speaker Nancy Pelosi, D-Calif., said the House would vote on the measure on Tuesday.

The move sets up a fight that could result in Trump's first veto. It starts the clock on a constitutional clash between Trump and Democrats and sets up a vote by the full House as soon as next week.

The Democratic-controlled House is sure to pass the measure, and the GOP-run Senate may adopt it as well despite Trump's opposition.

Any Trump veto would likely be sustained, but the upcoming battle will test Republican support for Trump's move, which even some of his allies view as a stretch — and a slap at lawmakers' control over the power of the federal purse.

A staff aide introduced the measure during a short pro forma session of the House in which Rep. Don Beyer, D-Va., presided over an almost empty chamber.

"What the president is attempting is an unconstitutional power grab," said Rep. Joaquin Castro, D-Texas, the sponsor of the resolution, on a call with reporters. "There is no emergency at the border."

Trump's declaration of a national emergency gives him access to about $3.6 billion in funding for military construction projects to divert to border fencing. But the administration is more likely to tap funding from a federal asset forfeiture fund and Defense Department anti-drug efforts first.

Pelosi said that the House measure would "reassert our system of checks and balances."

Should the House and the Senate initially approve the measure, Congress seems unlikely to muster the two-thirds majorities in each chamber that would be needed later to override a certain Trump veto.

The measure to block Trump's edict will be closely watched in the Senate, where moderates such as Susan Collins, R-Maine, and Lamar Alexander, R-Tenn., have signaled they would back it. Majority Leader Mitch McConnell, R-Ky., is only a reluctant supporter of Trump on the topic.

Trump's GOP allies promised they would uphold any veto denying Democrats the two-thirds votes required to overcome one.

"Democrats' angst over Congress' power of the purse is unwarranted, especially since the commander in chief's authority to redirect military funds for a national emergency is affirmed in a law passed by their own branch," said top House Judiciary Committee Republican Doug Collins of Georgia.

The battle is over an emergency declaration Trump issued to access billions of dollars beyond what Congress has authorized to start erecting border barriers. Building his proposed wall was the most visible trademark of Trump's presidential campaign.

Congress last week approved a vast spending bill providing nearly $1.4 billion to build 55 miles (89 kilometers) of border barriers in Texas' Rio Grande Valley while preventing a renewed government shutdown. That measure represented a rejection of Trump's demand for $5.7 billion to construct more than 200 miles (322 kilometers).

Besides signing the bill, Trump also declared a national emergency and used other authorities that he says give him access to an additional $6.6 billion for wall building. That money would be transferred from a federal asset forfeiture fund, Defense Department anti-drug efforts and a military construction fund. Federal officials have yet to identify which projects would be affected.

Castro said he has already garnered support from a majority of the Democratic-controlled House as co-sponsors and that he has at least one GOP sponsor, Rep. Justin Amash of Michigan.

Castro's measure says Trump's emergency declaration "is hereby terminated." Castro chairs the 38-member Congressional Hispanic Caucus.

Pelosi wrote in a letter to her fellow lawmakers that the Republican president's "decision to go outside the bounds of the law to try to get what he failed to achieve in the constitutional legislative process violates the Constitution and must be terminated."

Source: NewsMax Politics

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West Virginia mother charged in false abduction report

A woman who told police that an Egyptian man had tried to kidnap her daughter from a West Virginia shopping mall was jailed Friday after the accusation unraveled, a police detective said.

Barboursville Police Detective Greg Lucas said Santana Renee Adams was charged with falsely reporting an emergency incident, a misdemeanor that carries up to six months in jail and a $500 fine.

The 24-year-old Adams turned herself in about 2 p.m. and was jailed after a magistrate judge set bail at $20,000, Lucas said. She was calm and quiet while she was booked and ignored questions from a throng of reporters waiting for her at the courthouse, he said. Lucas said she didn't have an attorney yet.

The charge capped a sensational tale of a mother using a gun to thwart a brazen abduction attempt that quickly fell apart amid inconsistencies.

Adams initially told police that a man grabbed her 5-year-old daughter by the hair inside a clothing store Monday and tried to pull her away but stopped when Adams produced a gun, authorities said. A criminal complaint went into further detail, describing a frightening scene where a Middle Eastern man dragged the girl by the hair as she dropped to the floor.

But the story started to crumble when no witnesses could be found and mall surveillance video didn't match the woman's original statement. Upon additional questioning, authorities said, Adams began changing her account.

She later told investigators she may have overreacted and misinterpreted the man's intentions. Police said he may have simply been patting the girl on the head.

"There's quite a bit that doesn't line up," Lucas said.

On Thursday, authorities announced they were dropping charges against the man, Mohamed Fathy Hussein Zayan, a 54-year-old engineer from Alexandria, Egypt, who was in the area for work. He cried as he greeted family members upon his release from jail.

"Unfortunately, as false accusations are becoming more prevalent in today's social media driven society, we are losing our grasp on 'presumed innocent until proven guilty,' and Mr. Zayan has been tried around the world by the court of public opinion," Zayan's public defender attorney, Michelle Protzman, said in a statement Thursday to The Associated Press.

Back at the police station after Adams was jailed, Lucas had a moment to reflect.

"It has been a long and sleepless week," he said.

Source: Fox News National

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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