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Adam Schiff Says House Intelligence Committee Is Willing To Subpoena Mueller

Chris White | Energy Reporter

House Intelligence Committee Chairman Rep. Adam Schiff said Friday that his committee might subpoena special counsel Robert Mueller to get a fuller understanding about the details of his report.

“If necessary, we will call Bob Mueller or others before our committee,” Schiff told CNN’s Wolf Blitzer, noting also that the Judiciary Committee might summon Attorney General Bill Barr to answer questions as well.

The California Democrat’s comments came shortly after Mueller delivered Barr his report on Russia’s intervention into the U.S. election.

Schiff added: “This began as a counterintelligence investigation by the FBI. It began as the same in our committee, and we have a right to be informed and we will demand to be informed about it.” (RELATED: BREAKING: Mueller Submits Report To Justice Department)

U.S. President Donald Trump exits Air Force One as he arrives in Lima, Ohio, U.S., March 20, 2019. REUTERS/Carlos Barria - RC17EB089160

U.S. President Donald Trump exits Air Force One as he arrives in Lima, Ohio, U.S., March 20, 2019. REUTERS/Carlos Barria

The Department of Justice is required by regulations governing the special counsel to disclose whether the agency rebuffed any major investigative requests from the special counsel. Mueller was never ordered to stand down on any major areas of inquiry throughout the more than two-year long probe, according to Barr.

President Donald Trump said Wednesday he believes the public should have the opportunity to see the document, though the president added he would ultimately like to see it beforehand.

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Source: The Daily Caller

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Labour’s Corbyn invites UK lawmakers to help break Brexit impasse

Britain's opposition Labour Party leader Jeremy Corbyn speaks to the media outside New Zealand House in London
Britain's opposition Labour Party leader Jeremy Corbyn speaks to the media outside New Zealand House, following Christchurch mosque attack in New Zealand, in London, Britain March 15, 2019. REUTERS/Henry Nicholls

March 17, 2019

LONDON (Reuters) – Opposition Labour leader Jeremy Corbyn has written to lawmakers from across Britain’s parliament to discuss ways to break the Brexit impasse, just days before the prime minister is expected to put her deal to another vote.

In a letter written to lawmakers from all parties in parliament, Corbyn invited them to meet with him and his Brexit policy chief Keir Starmer to discuss how to “break the Brexit impasse”, and use as a starting point Labour’s alternative plan and its support for a vote to prevent a “damaging Brexit”.

“It must now be incumbent on us all as parliamentarians to do our best to work together and find a compromise and a solution that ends the needless uncertainty and worry that the government’s failed Brexit negotiations have caused,” Corbyn said in his letter.

(Reporting by Elizabeth Piper; Editing by Toby Chopra)

Source: OANN

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The Latest: ‘No common sense’ in Michigan cop’s use of Taser

The Latest on the second-degree murder trial of a former Michigan trooper in the death of a Detroit teenager (all times local):

1:10 p.m.

A prosecutor is urging jurors to convict a former Michigan State Police trooper of second-degree murder in the death of a Detroit teen, saying there wasn't a "lick of common sense" in firing a Taser at a boy riding an all-terrain vehicle.

Damon (Da-MAHN') Grimes crashed the ATV and died. Mark Bessner is on trial for a second time after the first trial last fall ended without a unanimous verdict .

The trial moved to closing arguments Tuesday after Bessner declined to tell his version of what happened in 2017 on a Detroit street. It was a major shift in strategy: He offered emotional testimony at the first trial, telling jurors that he believed the 15-year-old had a gun. Grimes didn't have a weapon.

Defense attorney Richard Convertino says the ATV was in poor condition and Bessner feared for his safety.

___

11:19 a.m.

A former Michigan State Police trooper charged with murder in the death of a Detroit teen says he won't testify in his own defense.

Mark Bessner is on trial for the second time after a jury couldn't reach a unanimous verdict last fall. He testified at the first trial but told a judge Tuesday that he will remain silent this time. It's a major shift in strategy.

Damon (Da-MAHN') Grimes was 15 years old in 2017 when he crashed an all-terrain vehicle and died after Bessner shot him with a Taser on a Detroit street.

Prosecutors say the Taser was unnecessary and created a high risk of danger. At the first trial, Bessner told jurors that he believed Grimes was armed. The teen had no gun.

Source: Fox News National

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2 California officers shot after confronting man with sword

Two police officers and a suspect were shot Wednesday after law enforcement responded to reports of a man with a sword entering the Church of Scientology in Inglewood, California, authorities said.

The suspect was shot in the head and was not expected to survive, said Lt. Neal Cochran of the Inglewood Police Department.

A shootout erupted Wednesday afternoon after officers approached the man, who was wearing a hooded sweat shirt and wielding the sword, Cochran said.

One officer was struck in a hand and the other was hit in an arm, officials said. They were hospitalized with non-life-threatening injuries.

The suspect was taken by ambulance to a hospital in grave condition.

Officials didn't say who fired first or whether a gun was recovered from the suspect.

Inglewood is a city of about 100,000 residents in Los Angeles County.

Source: Fox News National

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Cboe changes Brexit share trading plans after regulator clash

FILE PHOTO: Chicago Board Options Exchange Global Markets headquarters building in Chicago
FILE PHOTO: Chicago Board Options Exchange (CBOE) Global Markets sign hangs at its headquarters building in Chicago, Illinois, U.S., September 19, 2018. REUTERS/Michael Hirtzer/File Photo

April 5, 2019

By Huw Jones

LONDON (Reuters) – Cboe has decided to offer trading in all shares in London and Amsterdam following a row between regulators over where shares can be traded if Britain leaves the EU on April 12 without securing a delay or a transition deal with Brussels.

Europe’s biggest cross-border share trading platform said if there is no deal, trading in British and Swiss securities will continue on its British platform, but trading in European Economic Area instruments – mainly euro denominated stocks – will cease and shift to Amsterdam.

“In the event that this happens it is Cboe’s intention to re-introduce trading in European Economic Area instruments on its UK venue during 2019,” Cboe said on Friday.

Cboe said that if there is a long delay to Brexit or that a deal is negotiated, it would not start up in Amsterdam until it is able to offer trading in all securities on both its British and Dutch venues, which is likely to be later in 2019.

This marks a shift at Cboe, which accounts for nearly a fifth of pan-European share trading.

Mark Hemsley, president of Cboe Europe, said in January the exchange would only trade EEA stocks in Amsterdam, with British and Swiss shares limited to London.

This would avoid splitting liquidity in euro, Swiss or UK shares between two centers which could damage prices, he said.

The bloc’s markets watchdog ESMA surprised exchanges last month by saying that if there is a no-deal Brexit, more than 6,200 shares, including 14 British stocks, could only be traded on a platform inside the bloc.

Britain’s Financial Conduct Authority was angered by what one exchange official described as a “land grab” by an EU keen to build up its capital market.

Exchange officials are now waiting to see if the FCA will hit back and rule that under a no-deal Brexit, UK and some European shares could only be traded in Britain.

Cboe’s revised Brexit strategy means that its customers across Europe have a venue to trade all shares.

The London Stock Exchange’s pan-European trading platform Turquoise has set up a hub in Amsterdam, while rival Aquis Exchange chose Paris.

“Up until now, we all believed we would be trading euro shares in Europe and UK and Swiss shares in the UK,” Alasdair Haynes, chief executive of Aquis Exchange said.

“Ever since the ESMA share trading obligation (STO) and a potential STO from the FCA, which people think is highly likely to happen, then you are going to have to split liquidity,” Haynes said.

“This is extremely bad news for end investor, but politically, people want to fight for territory here.”

(Reporting by Huw Jones, Editing by Iain Withers and Louise Heavens)

Source: OANN

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Indonesian president’s coalition to win parliament majority: survey

Indonesian President Joko Widodo leaves after visiting former first lady Ani Yudhoyono at a hospital in Singapore
Indonesian President Joko Widodo leaves after visiting former first lady Ani Yudhoyono at a hospital in Singapore February 21, 2019. REUTERS/Edgar Su

March 21, 2019

JAKARTA (Reuters) – A coalition of political parties backing Indonesian President Joko Widodo is on course to win more than half of the votes in next month’s elections, giving them control of parliament, according to a new survey released on Thursday.

Indonesia is holding simultaneous presidential and parliamentary elections on April 17.

Ten political parties backing Widodo are expected to get 52.3 percent of votes, while the coalition backing his challenger, retired general Prabowo Subianto, trail with 29.5 percent, according to a survey by pollster Litbang Kompas.

Nearly 20 percent of voters remain undecided, said the pollster, which is part of Indonesia’s biggest newspaper Kompas.

The survey was conducted between the end of February and early March.

Widodo formed a minority government when elected in 2014, but Golkar, the country’s second-biggest political party, jumped ship in early 2016 to support the president.

The president has since held a majority in the house of representatives, making it easier for him to pass legislation.

The survey showed that the two leading parties were benefiting from their association with the president and his opponent.

The Democratic Party of Struggle, of which Widodo is a member, is likely to remain by far the largest party, but Prabowo’s Greater Indonesia Movement is on course to grab second position from Golkar, the Kompas survey results showed.

In the presidential race, Widodo’s big lead over Prabowo has been cut to below 12 percentage points from around 20, according to another Kompas survey published this week.

(Reporting by Gayatri Suroyo; Editing by Ed Davies and Michael Perry)

Source: OANN

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As war rages, Tripoli art gallery opens in rundown old city

Libyan artists work at the art gallery and cultural centre in the old city of Tripoli
Libyan artists work at the art gallery and cultural centre in the old city of Tripoli, Libya April 23, 2019. REUTERS/Ahmed Jadallah

April 25, 2019

By Ulf Laessing

TRIPOLI (Reuters) – As a new war reached the Libyan capital, businessman Mustafa Iskandar opened an art gallery and cultural center, hoping to draw attention to a long-neglected old city in need of revival.

One of the best preserved in North Africa with monuments going back to the Romans, Tripoli’s old city has been rundown for years, with garbage filling the narrow streets and its ancient white buildings in dire need of repair.

Most Libyans who can afford it have long moved out of the old city to more modern districts of Tripoli, home to 2.5 million. But Iskandar bought a derelict house close to the landmark Roman Mark Aurelius arch, investing one million dinars ($720,000) to refurbish it as a gathering point for artists.

He sent an invitation to embassies and artists but in the end diplomats did not come, having fled the city as eastern Libyan forces started a campaign to take the capital using ground forces and jets.

It didn’t dampen the enthusiasm of the businessman, who still lives in the old city, a settlement once inhabited by Ottomans and later Italian colonialists, with Muslims, Jews and Christians living for centuries in harmony.

“I want to give a signal for people to come back to the old city where I grew up and still live,” said Iskandar, who works for a Danish firm.

He hung paintings and moved in old furniture collected for years in Europe for his center, which is located next to a hotel that was once bustling with tourists who used to come to Libya until Muammar Gaddafi was toppled in 2011.

Under Gaddafi, authorities restored a handful of old buildings and were planning a larger rehabilitation project when the 2011 uprising broke out, stopping the work.

Little has happened since then, given the country’s chaos, but officials hope to reopen the national museum housed in the Red Castle from the Ottoman era, closed since 2015 over security concerns.

“We are trying,” said Mohamad Farraj Mohamad, the head of the museum’s antiquities department, when asked whether the museum will open next year after a rehabilitation.

For that, French experts who have been advising Libya on how to improve the exhibition need to be willing to come back once the fighting is over to help as the ancient authority lacks funding and expertise.

In the old city, a group of young people organize walks to explore sites and build ties with the remaining inhabitants, many of which are West African workers or poor Libyans.

Relying on their own funds and donations, they repainted a rundown wall in white, a small start for what they hope will be a rehabilitation in the future.

“We are trying to raise awareness of the heritage of the old city ” said Hiba Shalabi, founder of the #SaveTheOldCityofTripoli campaign. “We are building relations with people in old city and look up in archives information about history of houses.”

($1 = 1.3920 Libyan dinars)

(Reporting by Ulf Laessing, Editing by William Maclean)

Source: OANN

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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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