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Trump Budget Will Seek Funds for Border Wall, Space Force

President Donald Trump will be making a significant request for border wall funds and seeking money to stand up Space Force as a new branch of the military in the White House budget being released next week, an administration official said Friday.

For the first time, Trump plans to stick with the strict spending caps imposed years ago, even though lawmakers have largely avoided them with new budget deals. That will likely trigger a showdown with Congress.

The official said the president's plan promises to balance the budget in 15 years.

Trump will seek $750 billion for defense, while cutting non-defense discretionary spending by 5 percent, said the official, who was unauthorized to discuss the document ahead of its release and spoke on condition of anonymity

Budgets are mainly seen as blueprints for White House priorities. But they are often panned on Capitol Hill, where lawmakers craft the appropriation bills that eventually fund the government, if the president signs them into law.

Trump's budget for the 2020 fiscal year will increase requests for some agencies while reducing others to reflect those priorities. Reductions are proposed, for example, for the Environmental Protection Agency.

The official said Congress has ignored the president's spending cuts for too long. The federal budget is bloated with wasteful spending, the official said, and the administration remains committed to balancing the budget.

By proposing spending levels that adhere to budget caps, the president is courting a debate with Congress. Lawmakers from both parties have routinely agreed to raise spending caps established by a previous deal years ago to fund the government.

Trump, though, has tried to resist those deals. He threatened to veto the last one reached in 2017 to prevent a shutdown. Late last year, a fight over border wall funds sparked the 35-day shutdown that spilled into this year and became the longest in history.

Source: NewsMax Politics

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Teenager dies at London’s St Paul’s Cathedral after falling 98 feet from gallery

A teenager in Britain fell to his death Monday from the whispering gallery inside St Paul's Cathedral in London.

Police and paramedics arrived shortly to the scene, but couldn’t save the life of the man in his late teens after falling from about 98 feet high to the floor.

Police said the death isn’t being treated as suspicious.

MAN FELL TO DEATH ATTEMPTING TO CLIMB PHILADELPHIA'S MASONIC TEMPLE, POLICE SAY

“We were called to St Paul's Cathedral on Monday 1 April 2019 at 15:57 to a report of a male in his late teens who had fallen from the gallery within the building,” police said in a statement, according to Sky News.

"The Helicopter Emergency Medical Service (HEMS) and police officers attended. His death is not being treated as suspicious,” it added.

A London Ambulance Service spokesperson told the broadcaster: "We were called at 3:58pm yesterday (1 April) to reports of an incident on St Paul's Churchyard, City of London.

“We sent a number of resources to the scene including an incident response officer and London's Air Ambulance. Sadly, despite the efforts of medics, a person died at the scene.”

AUTHORITIES RECOVER BODY OF DEAD TOURIST WHO FELL INTO GRAND CANYON WHILE TAKING PHOTOS

The whispering gallery runs around the interior of the building and gives the overview of the cathedral. The cathedral was closed on Monday following the death of the man, but it reopened on Tuesday.​

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This isn’t the first death of such kind at the cathedral. In October 2017, Lidia Dragescu, a 23-year-old figure skater also fell from the gallery.

Source: Fox News World

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Why Birthright Citizenship Is Rare In Europe

Luxembourg citizens voted in an election last year. But as The Economist has noted, “48% of those who live there were not allowed a ballot-paper.”

This is because a great many immigrants live in Luxembourg, but few of them quickly become citizens — which means few can vote.

According to the Migrant Integration Policy Index (MIPEX):

LU remains one of the most exclusive national democracies in the developed world, with the largest share of adults disenfranchised in national elections. According to 2013 OECD data, after 10+ years in the country, LU citizenship had been granted to only around 20% of the foreign-born, including among the non-EU-born, who are generally most likely to naturalise and see the benefits.

Not surprisingly, The Economist thinks this is a bad thing.

Nevertheless, few are claiming that immigrants are treated poorly in Luxembourg. Because of Luxembourg’s small size and integration into the European economy, Luxembourg is quite open to migrant workers, both from neighboring countries, and from further abroad.

Nevertheless, immigrants continue to flock to the country, and make up approximately 45 percent of the population. Moreover, 160,000 workers commute daily into Luxembourg from France, Belgium, and Germany — “Luxembourgers are only the majority in their country when the sun goes down.” In recent decades, many have become permanent residents.

Aware of complaints about a lack of more widespread suffrage in Luxembourg, voters in 2015 were given an opportunity to vote on expanding voting rights to foreigners in a referendum. 80 percent rejected the idea.

It should not be surprising, though, that many Luxembourg citizens are concerned that a sizable expansion of citizenship could bring about radical changes in Luxembourg through demographic shifts. A key strategy in slowing and managing this situation — while still allowing migration — is limiting access to citizenship.

A Case Study in Citizenship vs. Residency

The case of Luxembourg is helpful in illustrating how naturalization and immigration are two different phenomena. Clearly, experience suggests Luxembourgers are open to inviting in immigrants and working with them in a variety of economic ventures. Many live permanently in the country. The immigrants enjoy property rights and legal due process. A lack of access to political participation does not imply that it is legally or morally permissible in Luxembourg to treat immigrant property rights as forfeit. After all, immigrants have usually entered into legal contracts with employers and landlords to secure income, housing, and other types of property. Abolishing these legal rights could be disastrous for the local economy.

Moreover, the fact that the economy in Luxembourg depends on this openness to immigrants means the voting citizens are incentivized against enacting laws that might severely limit immigration or which would induce immigrants to avoid the country. Many Luxembourg voters likely are aware that — for practical reasons, if nothing else — it is not to their advantage to begin cutting off immigrants from their property. (It’s important to note virtually no one claims this widespread denial of voting prerogatives in Luxembourg constitute any sort of humanitarian crisis.)

Nevertheless, the response to Luxembourg’s practice of relatively open immigration — coupled with restricted citizenship — has some observers claiming the policy is tantamount to a violation of rights. Hence we hear charges of “taxation without representation” or the use of the often-loaded terms “disenfranchisement” and “democratic deficit.”

Should Citizenship Be Based on Location or Origin?

The idea that residents of a place ought to be quickly afforded full citizenship based on their current physical location, however, is far from universal.

Historically, policymakers, kings, and bureaucrats have long debated the criteria to be met in determining how quickly or how easily new residents ought to be offered naturalization.

For example, citizenship has been historically based on various criteria including residency, ancestry, promises of military service, and sworn oaths between individuals.

These criteria often fall into one of two legal traditions of naturalization: jus soli and jus sanguinis. Jus soli (“the right of soil”) is the principle that naturalization ought to be based on where one is located, and this often includes “birthright citizenship.” Conversely, jus sanguinis (“the right of blood”) is the principle that naturalization is based on one’s marriage, parentage, or origins.

Graziella Bertocchi and Chiara Strozzi have summarized the development of these two traditions in Europe and the Americas:

In 18th century Europe jus soli was the dominant criterion, following feudal traditions which linked human beings to the lord who held the land where they were born. The French Revolution broke with this heritage and with the 1804 civil code reintroduced the ancient Roman custom of jus sanguinis. Continental modern citizenship law was subsequently built on these premises. During the 19th century the jus sanguinis principle was adopted throughout Europe and then transplanted to its colonies. … On the other hand, the British preserved their jus soli tradition and spread it through their own colonies, starting with the United States where it was later encoded in the Constitution.

The rise of jus sanguinis in Europe, perhaps not surprisingly, coincided with the spread of ethnicity- and language-based nation states in the nineteenth century. This in turn led to greater concern over whether or not migrants could integrate into each nation’s linguistic or cultural majority.

Thus, jus sanguinis requirements became an attractive means of slowing down the process of integrating new citizens and of ensuring that new migrant groups would integrate through native parentage, marriage, or through long terms of residency.

Europe vs. The Americas

The situation was very different in the Americas, however. It’s not a coincidence that we find the Americas to be far more reliant on the concept of jus soli.

Bertocchi and Strozzi note:

At independence, most of the incipient states [in Latin America] chose jus soli as a way to break with the colonial political order and to prevent the metropoles from making legitimate claims on citizens born in the new countries.

This is true enough. But it’s also true that far lower levels of population density, coupled with perennial labor shortages, made jus soli both more practical and more attractive to states in the Americas.

As Edward Barbier illustrates in his book Scarcity and Froniers, the Americas have long been characterized by a strong need for more laborers to take advantage of the vast natural resources present across the regions often sparsely populated lands. This led to a variety of immigration policies in the Americas designed to increase immigration. Argentina and Brazil, for example, paid migrants from Italy to settle in South America. Via the Homestead Acts in the nineteenth century, the US government offered free land to new migrants. And across the Americas, of course, many laborers were imported by force via the institution of African slavery.

The most-preferred strategy, however, was often to simply offer easy citizenship to new migrants, and to guarantee citizenship for the children of migrants via jus soli provisions.

At the same time, migration across borders has often been a challenge in many areas of the Americas. Many South American states are separated by deserts, mountains, and dense jungle areas. During the nineteenth century, crossing the Andes mountains was not a simple affair. Similarly, the borderlands between the US and Mexico were largely unpopulated prior to the twentieth century. Mexico’s population was concentrated in the southern regions of the country, and migration north required significant effort. It wasn’t enough to simply reach the border, either. Access to jobs and capital usually required an even longer journey north or west in the American interior.

Thus, by 1929, legal scholar James Brown Scott could write: “there is no American country which accepts that principle [i.e., jus sanguinis] as the sole test of nationality.” Since then, as the relative ease of migration has increased in the Americas, some regimes in the Americas — including the United States — have been pressured to pare back the dominance of jus soli provisions, although little have been done in terms of substantive change.

On the other hand, post-World-War-II Europe began to move away from jus sanguinis provisions. While Scott could conclude that just sanguinis was largely absent in the Americas, he also found “There are at present seventeen countries in Europe in which jus sanguinis is the sole test of nationality.”

Part of this was due to the higher population density and geographic compactness of Europe. Moving between political jurisdictions has long been relatively easy in Europe, compared to the Americas. Since the mid-twentieth century, however, the trend has moved toward greater use of jus soli. As of 2010, according to a study by Iseult Honahan,

Ius soli citizenship is widely but by no means universally available in Europe. 19 European countries from 33 studied awarded ius soli citizenship at birth or thereafter. 10 of these countries grant ius soli citizenship at birth, and 16 after birth. … [I]us soli in its pure (or unconditional) form is not found in Europe since its abolition in Ireland in 2004.

There are, of course, a number of conditional jus soli provisions that exist. These can include automatic birthright citizenship for foundlings and stateless children. But many states have at least some weak jus sanguinis provisions requiring birth to at least one native citizen. Naturalization can occur outside of these conditions, but these provisions often require years of permanent residency, citizenship classes, and other mandates.

Honahan concludes that the trend in Europe “is towards the wider availability of jus soli citizenship” but with many conditions attached in most cases. Europe-wide, jus soli provisions occur across a spectrum, with more strict provisions present in Eastern Europe and Switzerland:

 

Returning to our Luxembourg example, we can note that Luxembourg employs a “double jus soli” standard in which children born in Luxembourg receive automatic citizenship only if one of the parents was also born in Luxembourg. Honahan thus classifies Luxembourg as a jus soli country, but as we have seen, the situation in practice is one in which citizenship remains significantly restricted.

It is important to keep in mind, moreover, that the relative restrictiveness of naturalization law does not necessary reflect the restrictiveness of immigration law.

After all, Luxembourgers are frequently outnumbered by migrants, even if citizenship is restricted. Similarly, Switzerland has one of the largest populations of foreign-born residents in the world, yet is highly restrictive in terms of naturalization. Norway is similarly restrictive, although its foreign-born population is equal to that of the United Kingdom, which employs a more liberal jus soli standard.

This mismatch between immigration policy and naturalization policy highlights for us the fact that immigration has never been merely a matter of economic relationships. For example, among laissez-faire liberals, both Ludwig von Mises and Murray Rothbard recognized that there is no economic argument against immigration. The situation is different, however, when we consider matters of citizenship and political participation. In these cases, migrants expand their role beyond the private sector and into the political sphere. As Mises noted, this fact — that fact that immigrants are not merely consumers or workers — carries with it a variety of complicating factors around the question of who shall be in control of the state. The smaller the state, the less relevant this question is. But in the presence of a robust state apparatus — especially one that controls educational institutions and social-welfare programs — this question becomes far more important.

Apparently, Luxembourgers are quite aware of these facts and have decided to maintain and expansive immigration apparatus while limiting citizenship. On the other hand, thanks to geography and the legal traditions of the New World, many Americans have a skewed view of the alleged inseparability between immigration and citizenship. This has clouded the American debate over birthright citizenship.



Carpe Donktum was recently retweeted by President Trump, however that tweet was banned due to a musical copyright violation. Carpe Donktum joins Owen to discuss making meme magic about America in 2019.

Source: InfoWars

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Patriots owner Kraft apologizes in first statement since arrest

NBA: All Star Game
Feb 17, 2019; Charlotte, NC, USA; New England Patriots owner Robert Kraft during the 2019 NBA All-Star Game at Spectrum Center. Mandatory Credit: Bob Donnan-USA TODAY Sports

March 23, 2019

(Reuters) – New England Patriots owner Robert Kraft apologized on Saturday in his first public statement since he was charged for soliciting prostitution in Florida last month.

“I am truly sorry,” Kraft said in a statement. “I know I have hurt and disappointed my family, my close friends, my co-workers, our fans and many others who rightfully hold me to a higher standard.”

The 77-year-old billionaire businessman, who according to police was captured on video engaging in sex acts with a worker at a massage parlor in Jupiter, Florida, said he had remained silent “in deference to the judicial process.

“I have extraordinary respect for women; my morals and my soul were shaped by the most wonderful woman, the love of my life, who I was blessed to have as my partner for 50 years,” Kraft said in the statement, apparently referring to his late wife Myra Hiatt Kraft, who died in 2011 of ovarian cancer.

Kraft, who built the Super Bowl-winning Patriots into the National Football League’s most dominant franchise, was swept up in a police sting targeting sex-trafficking in day spas and massage parlors in several Florida counties.

Kraft, who lives in Massachusetts but owns property in Palm Beach, Florida, is accused of visiting Orchids of Asia Day Spa in Jupiter on two separate occasions to solicit sex.

The two charges he faces are misdemeanors.

On Friday, Kraft’s lawyer William Burck told sports network ESPN that “there was no human trafficking” in the case involving the Patriots’ owner and that law enforcement should investigate how the evidence was obtained.

(Reporting by Maria Caspani; Editing by Sandra Maler)

Source: OANN

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Foxconn Ventures sells $398.4 million in Alibaba stock: sources

The logo of Alibaba Group is seen inside DingTalk office, an offshoot of Alibaba Group Holding Ltd, in Hangzhou
The logo of Alibaba Group is seen inside DingTalk office, an offshoot of Alibaba Group Holding Ltd, in Hangzhou, Zhejiang province, China July 20, 2018. Picture taken July 20, 2018. REUTERS/Aly Song

March 20, 2019

(Reuters) – Foxconn Ventures Holdco has sold $398.4 million worth of Alibaba Group Holding Ltd’s shares, in a block trade in the open market managed by Goldman Sachs Group Inc, people familiar with the matter said on Wednesday.

Foxconn sold 2.2 million Alibaba shares on Wednesday at $181.10 per share, the sources said, asking not to be identified ahead of any official announcement.

Foxconn and Goldman Sachs did not immediately respond to requests for comment.

(Reporting by Joshua Franklin in New York; Editing by Chizu Nomiyama)

Source: OANN

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Woman, Alleged Columbine Stalker Sol Pais/Sunshine is Dead

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Source: InfoWars

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Factbox: ‘Fake News’ laws around the world

Commuters walk past an advertisement discouraging the dissemination of fake news at a train station in Kuala Lumpur, Malaysia
Commuters walk past an advertisement discouraging the dissemination of fake news at a train station in Kuala Lumpur, Malaysia March 28, 2018. REUTERS/Stringer

April 2, 2019

SINGAPORE (Reuters) – Singapore’s parliament on Monday began considering a law on “fake news” that an internet watchdog has called the world’s most far-reaching, stoking fears the government could use additional powers to choke freedom of speech and chill dissent.

Governments and companies worldwide are increasingly worried about the spread of false information online and its impact on everything from share prices to elections and social unrest.

Human rights activists fear laws to curb so-called “fake news” could be abused to silence opposition.

Here are details of such laws around the world:

SINGAPORE

Singapore’s new law would require social media sites like Facebook to carry warnings on posts the government deems false and remove comments against the “public interest”.

Singapore, which ranks 151 among 180 countries rated by the World Press Freedom Index, defines “public interests” as threats to its security, foreign relations, electoral integrity and public perception of the government and state institutions.

Violations could attract fines of up to S$ 1 million ($737,500) and 10 years in prison.

RUSSIA

Last month, President Vladimir Putin signed into law tough new fines for Russians who spread what the authorities regard as fake news or who show “blatant disrespect” for the state online.

Critics have warned the law could aid state censorship, but lawmakers say it is needed to combat false news and abusive online comment.

Authorities may block websites that do not meet requests to remove inaccurate information. Individuals can be fined up to 400,000 rouble ($6,109.44) for circulating false information online that leads to a “mass violation of public order”.

FRANCE

France passed two anti-fake news laws last year, to rein in false information during election campaigns following allegations of Russian meddling in the 2017 presidential vote.

President Emmanuel Macron vowed to overhaul media laws to fight “fake news” on social media, despite criticism that the move was a risk to civil liberties.

GERMANY

Germany passed a law last year for social media companies, such as Facebook and Twitter, to quickly remove hate speech.

Called NetzDG for short, the law is the most ambitious effort by a Western democracy to control what appears on social media. It will enforce online Germany’s tough curbs on hate speech, including pro-Nazi ideology, by giving sites a 24-hour deadline to remove banned content or face fines of up to 50 million euros.

Since it was adopted, however, German officials have said too much online content was being blocked, and are weighing changes. [https://reut.rs/2RP1OeW]

MALAYSIA

Malaysia’s ousted former government was among the first to adopt a law against fake news, which critics say was used to curb free speech ahead of last year’s general elections, which it lost.The measure was seen as a tool to fend off criticism over graft and mismanagement of funds by then prime minister Najib Razak, who now faces charges linked to a multibillion-dollar scandal at state fund 1 Malaysia Development Berhad.

The new government’s bid to deliver on an election promise to repeal the law was blocked by the opposition-led Senate, however. [https://reut.rs/2R4IR6I]

EUROPEAN UNION

The European Union and authorities worldwide will have to regulate big technology and social media companies to protect citizens, European Commission deputy head Frans Timmermans said last month.

EU heads of state will urge governments to share information on threats via a new warning system, launched by the bloc’s executive. They will also call for online platforms to do more to remove misleading or illegal content.

Union-level efforts have been limited by different election rules in each member nation and qualms over how vigorously regulators can tackle misleading content online.

(Reporting by Fathin Ungku; Editing by Clarence Fernandez; and Joe Brock)

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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