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Barr to Testify to Senate as Mueller’s Report Looms

Attorney General William Barr is returning to Capitol Hill for a second time this week as lawmakers, the White House and the American public anxiously await his release of special counsel Robert Mueller's Russia report .

Barr will speak to a Senate appropriations subcommittee Wednesday, the second of two days of hearings about his department's budget. Like members of the House on Tuesday, senators are expected to be more interested in the nearly 400-page document than the budget details. Barr told the House lawmakers that he expects to release a redacted version "within a week."

Justice Department officials are scouring the report to remove grand jury information and details relating to pending investigations, among other materials. Democrats have escalated criticism over Barr's handling of the document and say they will not accept any redactions. The House Judiciary Committee has approved, but not sent, subpoenas for the report , and top Democrats have said they are willing to take the battle to court.

At the House hearing, Barr bluntly defended himself, arguing that portions of the document need to be redacted to comply with the law. He said he's open to eventually releasing some of the redacted material after consulting with congressional leaders, but he drew a line at releasing grand jury material, which would require court approval. He said Democrats are "free to go to court" themselves and ask for the grand jury information.

Barr wouldn't discuss the substance of Mueller's findings but did explain some of his process for receiving and reviewing the report and what to expect when it is released: He said the redactions will be color-coded and accompanied by notes explaining the decision to withhold information.

"This process is going along very well and my original timetable of being able to release this by mid-April stands," Barr said.

Democrats said they were concerned that a four-page summary letter of the report's main conclusions Barr released last month portrayed the investigation's findings in an overly favorable way for President Donald Trump. The letter said that Mueller did not find a criminal conspiracy between Russia and Trump associates around the time of the 2016 election and that Barr did not believe the evidence in the report was sufficient to prove the president had obstructed justice.

Barr said "the letter speaks for itself" and revealed that he gave Mueller an opportunity to review the letter, but he declined.

Republicans defended Barr, with Alabama Rep. Robert Aderholt comparing Democrats' questions to theories surrounding President John F. Kennedy's 1963 assassination.

"So many of the questions here today have gone toward a grassy knoll conspiracy theory," Aderholt said.

Across the Capitol, Senate Majority Leader Mitch McConnell, R-Ky., said he had no concerns with Barr's handling of the report: "I think it really comes down to a question of whether you trust Bill Barr or not. And I do."

Barr said in the summary that Mueller did not reach a conclusion on whether the president obstructed justice and instead presented evidence on both sides of the question. Barr said he and Deputy Attorney General Rod Rosenstein decided that the evidence was insufficient to establish obstruction.

House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., said he was unsatisfied with Barr's answers to the appropriations panel, saying he could issue subpoenas "very quickly" if the report is released with redactions.

"We've done everything we could for the last weeks and weeks to try to reach an accommodation with the attorney general under which we would see the report and the underlying evidence," Nadler said. "He has been unresponsive to our requests."

Source: NewsMax America

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NYPD deletes 'cop killer' tweet after officer is revealed to be alive

New York City Police Commissioner James O'Neill tweeted his satisfaction after the weekend arrest of a Florida man who O'Neill said was accused of shooting and killing an undercover NYPD officer in 1999.

There's just one problem: Vincent Ling, the undercover cop O'Neill thought had been killed by Bronx native Lester Pearson, is not dead.

Ling's family got in touch with the New York Daily News over the weekend after their headline, "Cop Killer Caught," was plastered on the front page alongside the mugshot of 43-year-old Lester Pearson.

"He's very much alive," Vincent Ling's uncle, Thomas Ling, said. "I saw him last year."

Police publicly identified Pearson as the man who shot Ling in 1999 over 20 years after the fact, after discovering that Pearson was living under the name Michael Davis in Jacksonville, Florida. He had created an entirely new life for himself, living with his girlfriend and several children. Pearson had even accrued a fan base of more than 100,000 Instagram followers for his rap persona, Monsta Kodi.

GAMBINO CRIME BOSS' SUSPECTED KILLER ONCE ATTEMPTED CITIZEN'S ARREST OF NYC MAYOR DE BLASIO: REPORT

He had released a song and documentary called "No More Killing," which tackled the topic of police shootings of unarmed black men.

Pearson had long been a suspect in Ling's shooting and even turned himself in to police in 2000 -- but later skipped bail. He and Ling had prior tension because Pearson dated Ling's sister, and the confrontation between them is thought to have been sparked by that relationship.

Police publicly identified Pearson as the man who shot Ling in 1999 over 20 years after the fact after discovering that Pearson was living under the name Michael Davis in Jacksonville, Florida

Police publicly identified Pearson as the man who shot Ling in 1999 over 20 years after the fact after discovering that Pearson was living under the name Michael Davis in Jacksonville, Florida (NYPD)

Police say that the two saw each other while walking down the street in the Bronx and that Pearson uttered a slur at Ling. They began to argue, which escalated into 11 shots being fired between the two of them, one of which hit Ling's spine, authorities say. While in a hospital bed, Ling identified Pearson as his shooter. Because he was an undercover officer, Ling's name was not released at the time, but news reports described him as being paralyzed by the incident.

NYPD INVESTIGATES 40-YEAR-OLD MURDER MYSTERY AFTER DISCOVERY OF HUMAN REMAINS

Ling's family members declined to put media in touch with him but said he retired from the force and is thought to still be living in the Bronx.

After arresting Pearson over the weekend, Commissioner O'Neill reportedly tweeted in support of law enforcement for “capturing the career criminal who killed off-duty #NYPD Officer Vincent Ling in 1999.”

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The tweet was quickly taken down, and NYPD later issued a statement clarifying that Ling is, in fact, alive, and explaining that a "misreading" of the charges against Pearson led to "confusion about his [Ling's] death," according to the Washington Post.

"The word ‘attempted’ murder, I guess, wasn’t delineated as clearly as it should have been," a police spokesman said.

Source: Fox News National

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Samsung Electronics delays Galaxy Fold media events in China

FILE PHOTO: The Samsung Galaxy Fold phone is shown on a screen at Samsung Electronics’ Unpacked event in San Francisco
FILE PHOTO: The Samsung Galaxy Fold phone is shown on a screen at Samsung Electronics Co Ltd’s Unpacked event in San Francisco, California, U.S., Feb. 20, 2019 REUTERS/Stephen Nellis/File Photo

April 22, 2019

SEOUL (Reuters) – Smartphone maker Samsung Electronics Co Ltd has postponed media events for its Galaxy Fold planned for this week in Hong Kong and Shanghai, a company official said, days after reviewers of the foldable handset reported defective samples.

The official did not elaborate on reasons or rescheduling.

Instead of plaudits ahead of the phone’s launch on April 26 in the United States, the South Korean conglomerate has been blighted by technology journalists reporting breaks, bulges and blinking screens after using their samples for as little as a day.

Samsung said it received “a few” reports of damage to the displays of samples of the $1,980 handset, raising the specter of the combustible Galaxy Note 7 three years ago which the firm ultimately pulled from shelves at massive cost.

The reviewers’ reports of broken screens went viral online and prompted the creation of hashtag #foldgate on Twitter.

Samsung has hailed the folding design as the future in a field that has seen few surprises since Apple Inc’s iPhone in 2007. Chinese rival Huawei Technologies Co Ltd has also announced a folding handset, the Mate X.

The Samsung official on Monday said it had no change to its previously announced release date in the United States.

It plans to begin South Korean and European sales in May, and Chinese sales from an undisclosed date.

(Reporting by Ju-min Park; Editing by Christopher Cushing)

Source: OANN

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Southwest 737 MAX 8 passenger-less flight lands safely after declaring emergency: FAA

FILE PHOTO: A Southwest Airlines Boeing 737 MAX 8 aircraft is pictured in front of United Airlines planes, including Boeing 737 MAX 9 models, at William P. Hobby Airport in Houston
FILE PHOTO: A Southwest Airlines Boeing 737 MAX 8 aircraft is pictured in front of United Airlines planes, including Boeing 737 MAX 9 models, at William P. Hobby Airport in Houston, Texas, U.S., March 18, 2019. REUTERS/Loren Elliott

March 26, 2019

(Reuters) – A Southwest Airlines Co Boeing 737 MAX 8 aircraft without passengers and of the type that was grounded two weeks ago, landed safely on Tuesday after declaring an emergency over an engine-related problem leaving Orlando International Airport in Florida, the U.S. Federal Aviation Administration said.

The plane was headed to Victorville, California for repositioning but returned safely to Orlando at about 2:50 p.m. (1850 GMT).

The FAA grounded the 737 MAX following two fatal crashes since October but has allowed airlines to conduct flights without passengers to move planes to other airports. A Boeing spokesman said it the company was “aware of the incident and supporting our customer.” Southwest did not immediately comment.

(Reporting by David Shepardson; editing by Grant McCool)

Source: OANN

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German lawmakers challenge deputy finance minister’s Goldman link in bank merger

FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt
FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski

March 19, 2019

By John O’Donnell and Arno Schuetze

BERLIN/FRANKFURT (Reuters) – German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank.

Kukies, who was formerly co-head of Goldman Sachs <GS.N> in Germany, left the Wall Street firm a year ago to become deputy German finance minister.

Kukies has since advocated a merger between Commerzbank <CBKG.DE> and Deutsche Bank <DBKGn.DE>, which unions warn could mean up to 30,000 job cuts, people familiar with the matter say.

Goldman Sachs is advising Commerzbank on the $28 billion plus deal deliberations, people familiar with the matter said.

“It’s a conflict of interest,” Fabio De Masi, a prominent leftist lawmaker in the German parliament, said, pointing to the state’s 15 percent stake in Commerzbank.

A spokesman for Kukies told Reuters there was no conflict of interest and that he had worked in the trading department at Goldman Sachs, which was “strictly separated” from bankers who advised on mergers.

Goldman Sachs declined to comment.

“In his 17 years at Goldman Sachs, Joerg Kukies exclusively worked for the sales and trading sector with no responsibility for the advisory/mergers and acquisitions section,” the spokesman for Kukies said.

Although confirmation of merger talks between Germany’s two largest banks, following months of speculation, has boosted their share prices, it has also triggered opposition and concerns over the impact on employment.

The issue is a highly emotive one in Germany and in its Tuesday edition, top-selling tabloid newspaper Bild raised a question mark over Kukie’s future in the government.

“When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest,” De Masi added.

This was echoed by Danyal Bayaz, a German parliamentarian and finance expert from the country’s Green party.

“In the financial crisis, we saw that government and finance were too interconnected. Ten years later, we don’t want to have the same. We want a strict separation from politics and industry,” Bayaz said.

“It is important to avoid the appearance of conflict of interest,” he added.

(Writing by John O’Donnell; Editing by Alexander Smith)

Source: OANN

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U.S. President Trump to visit UK in June: Sky News

U.S. President Trump attends the 2019 White House Easter Egg Roll in Washington
U.S. President Donald Trump attends the 2019 White House Easter Egg Roll on the South Lawn of the White House in Washington, U.S., April 22, 2019. REUTERS/Shannon Stapleton

April 22, 2019

Source: OANN

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Weak tech demand shrinks Taiwan export orders, rebound tipped in third-quarter

FILE PHOTO: People fish in front of an Orient Overseas Container Line container ship
FILE PHOTO: People fish in front of an Orient Overseas Container Line container ship, at Kaohsiung Port, Taiwan August 7, 2017. REUTERS/Tyrone Siu

April 22, 2019

By Yimou Lee

TAIPEI (Reuters) – Taiwan’s export orders fell for the fifth straight month in March, and at a much sharper pace than expected, as the island’s manufacturers kept struggling with a drop in global tech demand.

Orders in March dropped 9 percent from a year earlier to $38.59 billion, Ministry of Economic Affairs data showed on Monday.

For January-March, export orders slid 8.4 percent, the biggest annual drop for a first quarter since 2009 when they tumbled 30 percent, the ministry said.

March orders fell at almost twice the 5.45 percent forecast in a Reuters poll, though the pace was less than February’s 10.9 percent, the sharpest fall in nearly three years.

Taiwan’s hi-tech factories are major suppliers for global tech heavyweights such as Apple Inc and Qualcomm, and the continued drop in orders suggests global electronic could remain soft for some time.

The ministry said the March shrinkage was also due to declining machinery orders due to business caution in China as the U.S-Sino trade dispute continues.

However, launches of smartphone models and demand for new technology such as artificial intelligence and 5G could support a rebound of orders for electronics in coming months, it said.

The faster 5G networks are coming on line in the United States, China, South Korea and other places this year, but probably will not be widespread until 2020. The telecommunications industry is expected to spend $275 billion over seven years in the United States alone, according to Accenture estimates.

Carl Liu, an analyst at KGI Securities, said Taiwan export orders “are unlikely to return to growth until in June, thanks to re-stocking of electronics ahead of the peak season in the third quarter”.

CAUTION ON OUTLOOK

The ministry said it expects April export orders to decline 6.7-9.2 percent, and that it could be July before orders rebound.

“We remain cautious about orders in the first half and expect a year-on-year decline for the second quarter,” ministry official Lin Lee-jen said.

The slowing tech demand has taken a toll on Taiwan’s supply chain manufacturers. Chipmaker TSMC last week posted its steepest quarterly profit drop in more than seven years partly due to sluggish smartphone sales.

But the company gave an upbeat forecast for the coming months, betting on rising chip demand thanks to a rollout of 5G mobile network.

In March, weak export demand was seen from all Taiwan’s major markets.

Orders from the United States fell 9.7 percent on-year, on top of February’s 5.5 percent decline.

Those from China dropped 13.7 percent, compared with a fall of 14.3 percent the previous month, while orders from Europe slipped 2.4 percent. Japan orders declined 5.8 percent.

Taiwan’s government in February trimmed its 2019 economic growth forecast to 2.27 percent, citing growing uncertainties over global growth.

(Reporting by Yimou Lee and Taipei newsroom; Editing by Richard Borsuk)

Source: OANN

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

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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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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