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Michael Avenatti arrested for trying to extort Nike for up to $25M, SDNY says

Michael Avenatti, porn star Stormy Daniels' former lawyer who briefly considered a bid for president, is set to be charged Monday for allegedly trying to extort Nike for $15-$25 million, officials at the U.S. District Court for the Southern District of New York said.

Avenatti, who Fox News confirmed was taken into custody Monday, allegedly tried to extort the massive sports apparel company "by threatening to use his ability to garner publicity to inflict substantial financial and reputational harm on the company if his demands were not met," prosecutors alleged.

The counts against him include conspiracy to transmit interstate communications with intent to extort, conspiracy to commit extortion and more. Avenatti is expected to answer to the charges later Monday.

MICHAEL AVENATTI CUTS TIES WITH STORMY DANIELS

A press conference in New York is scheduled for later Monday to discuss the charges against Avenatti. Meanwhile, a second press conference is set in California, where federal authorities are set to announce additional criminal charges against the lawyer for a separate matter. In that case, Avenatti is alleged to have embezzled money from a client to pay expenses for himself and his business ventures.

Earlier Monday, Avenatti tweeted he would be holding a press conference Tuesday to "disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered. This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball."

According to the complaint against him, Avenatti and an unidentified co-conspirator met with attorneys for Nike on March 19 and "threatened to release damaging information" if the company did not agree to make multi-million dollar payments to them, as well as an additional $1.5 million payment to a client Avenatti claimed to represent.

He allegedly told the attorneys that if his demands were not met, he would "go take ten billion dollars off your client's market cap ... I'm not f***ing around."

The complaint said Avenatti threatened to hold a news conference on the eve of Nike's quarterly earnings call and the start of the NCAA tournament to announce allegations of misconduct by Nike employees.

The co-conspirator was identified as an attorney licensed to practice in the state of California, and is "similarly known for representation of celebrity and public figure clients." Meanwhile, the alleged client was identified as a coach for an amateur athletic union men's basketball program based in California.

Avenatti became famous as the lawyer for Daniels, the porn actress who alleged she had an affair with President Trump. In the last year, the duo became household names in their fight against Trump, dominating cable news shows for months and taunting the president in interviews.

Before Avenatti began representing Daniels in February 2018, he was virtually unknown outside of the California legal community. But in a matter of months, he had become known as a no-holds-barred lawyer with a media style -- and a penchant for tweeting -- similar to Trump's.

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Avenatti had toyed with a 2020 presidential run as a Democrat -- he even visited Iowa at one point -- but ultimately ruled that out. He also was involved in another high profile case, representing dozens of parents whose children were separated from them at the U.S. border as a result of the Trump administration's immigration policies. More recently, he's been representing women who said they were sexually abused by R&B star R. Kelly.

The Associated Press contributed to this report.

Source: Fox News National

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Trump Confidant Roger Stone Seeks Full Mueller Report

President Donald Trump's longtime confidant, Roger Stone, asked a federal judge Friday to compel the Justice Department to turn over a full copy of special counsel Robert Mueller's report on the Russia investigation as part of discovery in his criminal case.

Stone has pleaded not guilty to charges he lied to Congress, engaged in witness tampering and obstructed a congressional investigation into possible coordination between Russia and Donald Trump's 2016 presidential campaign. In a court filing late Friday night, his lawyers said Stone is entitled to see the confidential report — which was submitted to the attorney general late last month — because it would help prove their allegation that there are constitutional issues with the investigation.

In a separate action, a former aide to Stone who was subpoenaed to testify before a grand jury asked a federal appeals court to determine whether he still needs to testify now that the Russia probe has concluded.

Stone's team also filed motions Friday night arguing he was selectively prosecuted, challenging the constitutionality of Mueller's appointment and that the special counsel didn't have the ability to prosecute him for lying to Congress. They allege that Congress did not formally make a referral to the Justice Department about Stone's testimony and because of that, Mueller's investigation was "a violation of the separation of powers."

In court documents, the lawyers argue they are entitled to a private disclosure of the nearly 400-page report that Mueller submitted to Attorney General William Barr late last month and said they "must be allowed to review the Report in its entirety because it contains the government's evidence and conclusions on matters essential to Stone's defense."

"To be clear, Stone is not requesting the Report be disclosed to the world - only to his counsel so that it may aid in preparing his defense," the lawyers wrote.

Stone, who is set to go on trial in November, has maintained his innocence and blasted the special counsel's investigation as politically motivated. He has pleaded not guilty to the charges, which stem from conversations he had during the campaign about WikiLeaks, the anti-secrecy group that released material stolen from Democratic groups, including Hillary Clinton's campaign.

In a four-page letter to Congress that detailed Mueller's "principal conclusions," Barr said the special counsel did not find a criminal conspiracy between Russia and Trump associates during the campaign, but did not reach a definitive conclusion on whether Trump obstructed justice. Instead, Mueller presented evidence on both sides of the obstruction question, but Barr said he did not believe the evidence was sufficient to prove that Trump had obstructed justice.

Barr has said he expects to release a redacted version of Mueller's report next week that will be sent to Congress and made public.

In the separate case, Andrew Miller, a former Stone aide, filed a petition with the U.S. Court of Appeals for the District of Columbia over the subpoena he was issued in Mueller's investigation.

Last year, Mueller's team sought Miller's testimony regarding Stone, WikiLeaks and the Russian government-controlled online persona Guccifer 2.0, which was used to release hacked material during the 2016 election. But Miller challenged his grand jury subpoena, arguing that Mueller's appointment was unconstitutional.

Earlier this year a three-judge panel of the court upheld the special counsel's appointment and a contempt order intended to force Miller to testify.

In the new petition, Miller's attorney, Paul Kamenar, argued that the matter now appears to be moot because Stone has been indicted and like "Cinderella's carriage that turned into a pumpkin at midnight, special counsel Mueller's authority expired."

Kamenar is now asking the court to have the government formally say whether it will still pursue Miller's testimony. If that's the case, Kamenar is asking for a rehearing of the case. He said in a statement that he will take the fight to the Supreme Court if necessary.

Source: NewsMax Politics

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Truck roll-over in Mexico kills at least 25

A view shows clothing and items scattered on the site where a cargo truck careened off a road and turned over, killing at least 25 migrants from Central America, in Francisco Sarabia
A view shows clothing and items scattered on the site where a cargo truck careened off a road and turned over, killing at least 25 migrants from Central America, in Francisco Sarabia, Chiapas state, Mexico March 8, 2019. REUTERS/Jacob Garcia

March 8, 2019

MEXICO CITY (Reuters) – A cargo truck without license plates careened off a road in southern Mexico and turned over, killing at least 25 people inside, state officials said Thursday night.

Nearly 30 people were reported injured in the accident involving an approximately three-ton Ford Super Duty pick-up truck attached to a cargo container, according to a statement from the Chiapas attorney general’s office.

The crash happened around dusk on a highway about 25 miles (41 km) northeast of Tuxtla-Gutierrez, the capital of southern Chiapas state which borders Guatemala.

Officials did not give a breakdown of the victims’ nationalities but said they were Central Americans. Chiapas is a major transit point for migrants, especially from Guatemala, Honduras and El Salvador, as many trek through Mexico on their way to the U.S. border.

Media reported that investigators are considering the possibility that the driver of the truck lost control due to a mechanical failure, citing other state authorities.

(Reporting by David Alire Garcia; Editing by Nick Macfie)

Source: OANN

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Factbox: Crowded Democratic field vies for 2020 U.S. presidential nomination

Former Vice President Biden speaks at the International Brotherhood of Electrical Workers’ (IBEW) conference in Washington
Former Vice President Joe Biden, who is mulling a 2020 presidential candidacy, speaks at the International Brotherhood of Electrical Workers’ (IBEW) construction and maintenance conference in Washington, U.S., April 5, 2019. REUTERS/Joshua Roberts

April 25, 2019

By Arlene Washington

WASHINGTON (Reuters) – The largest Democratic field in the modern U.S. political era is competing for the party’s 2020 presidential nomination.

The diverse group of 20 vying to challenge President Donald Trump, the likely Republican nominee, includes six U.S. senators. A record six women are running, as well as black, Hispanic and openly gay candidates who would make history if one of them becomes the party’s nominee.

Here are the Democrats who have launched campaigns, listed in order of their RealClearPolitics national polling average for those who register in opinion surveys.

JOE BIDEN

The leader in polls of Democratic presidential contenders, Biden waited until late April to enter the race – launching his bid by taking a direct swipe at Trump. Biden, who served eight years as vice president under President Barack Obama and 36 years in the U.S. Senate, enters in the middle of a Democratic debate over whether a liberal political newcomer or a centrist veteran is needed to win back the White House. At 76, he is the second oldest candidate in the nominating contest, after Senator Bernie Sanders. Liberal activists criticize his Senate record, including his authorship of the 1994 crime act that led to increased incarceration rates, and his ties to the financial industry, which is prominent in his home state of Delaware. Biden, who relishes his “Middle-Class Joe” nickname and touts his working-class roots, made unsuccessful bids for the nomination in 1988 and 2008. Biden, recently the subject of allegations of unwanted physical contact with women, in a video pledged to be “more mindful” of respecting “personal space,” an attempt to tamp down the controversy.

BERNIE SANDERS

The senator from Vermont lost the Democratic nomination in 2016 to Hillary Clinton but has jumped in for a second try. In the 2020 race, Sanders, 77, will have to fight to stand out in a packed field of progressives touting issues he brought into the Democratic Party mainstream four years ago. His proposals include free tuition at public colleges, a $15 minimum wage and universal healthcare. He benefits from strong name recognition and a robust network of small-dollar donors, helping him to raise $5.9 million during his first day in the contest. Sanders, whose father was a Jewish immigrant from Poland, has shown a more personal side in this campaign, highlighting his struggles while growing up in a working-class family. He also has tried to reach out to black and Hispanic leaders after having trouble winning over minority voters in 2016.

BETO O’ROURKE

The former three-term Texas congressman jumped into the race on March 14 – and has been jumping on to store countertops ever since to deliver his optimistic message to voters in early primary states. O’Rourke, 46, gained fame last year for his record fundraising and ability to draw crowds ahead of his unexpectedly narrow loss in the U.S. Senate race against Republican incumbent Ted Cruz. O’Rourke announced a $6.1 million fundraising haul for the first 24 hours of his campaign, besting his Democratic opponents. But with progressive policies and diversity at the forefront of the party’s nominating battle, O’Rourke will face a challenge as a wealthy white man who is more moderate on several key issues than many of his competitors.

KAMALA HARRIS 

The first-term senator from California would make history as the first black woman to gain the nomination. Harris, 54, the daughter of immigrants from Jamaica and India, announced her candidacy on the holiday honoring slain civil rights leader Martin Luther King Jr. She has made a quick impact in a Democratic race that will be heavily influenced by women and minority voters. She raised $1.5 million in the first 24 hours of her campaign and drew record ratings on a CNN televised town hall. She supports a middle-class tax credit, Medicare for All healthcare funding reform, the Green New Deal and the legalization of marijuana. Her track record as San Francisco’s district attorney and California’s attorney general has drawn scrutiny in a Democratic Party that has shifted in recent years on criminal justice issues.

PETE BUTTIGIEG 

The 37-year-old mayor of South Bend, Indiana, is emerging from underdog status as he begins to build momentum with young voters. A Harvard University graduate and Rhodes Scholar at the University of Oxford, he speaks seven languages and served in Afghanistan with the U.S. Navy Reserve. He touts himself as representing a new generation of leadership needed to combat Trump. Buttigieg would be the first openly gay presidential nominee of a major American political party.

ELIZABETH WARREN

The 69-year-old senator from Massachusetts is a leader of the party’s liberals and a fierce Wall Street critic who was instrumental in creating the Consumer Financial Protection Bureau. She has focused her presidential campaign on her populist economic message, promising to fight what she calls a rigged economic system that favors the wealthy. She also has proposed eliminating the Electoral College, vowed to break up Amazon, Google and Facebook if elected, and sworn off political fundraising events to collect cash for her bid. Warren apologized earlier this year to the Cherokee Nation for taking a DNA test to prove her claims to Native American ancestry, an assertion that has prompted Trump to mockingly refer to her as “Pocahontas.”

CORY BOOKER

Booker, 49, a senator from New Jersey and former mayor of Newark, gained national prominence in the fight over Brett Kavanaugh’s Supreme Court nomination. Booker, who is black, has made U.S. race relations and racial disparities a focus of his campaign, noting the impact of discrimination on his family. He embraces progressive positions on Medicare coverage for every American, the Green New Deal and other key issues, and touts his style of positivity over attacks. Booker eats a vegan diet and recently confirmed rumors he is dating actress Rosario Dawson.

AMY KLOBUCHAR

The third-term senator from Minnesota was the first moderate in the Democratic field vying to challenge Trump. Klobuchar, 58, gained national attention in 2018 when she sparred with Brett Kavanaugh during Senate hearings for his Supreme Court nomination. On the campaign trail, the former prosecutor and corporate attorney supports an alternative to traditional Medicare healthcare funding and is taking a hard stance against rising prescription drug prices. Klobuchar’s campaign reported raising more than $1 million in its first 48 hours. Her campaign announcement came amid news reports that staff in her Senate office were asked to do menial tasks, making it difficult to hire high-level campaign strategists.

JULIAN CASTRO

The secretary of housing and urban development under President Barack Obama would be the first Hispanic to win a major U.S. party’s presidential nomination. Castro, 44, whose grandmother immigrated to Texas from Mexico, has used his family’s personal story to criticize Trump’s border policies. Castro advocates a universal pre-kindergarten program, supports Medicare for All and cites his experience to push for affordable housing. He announced his bid in his hometown of San Antonio, where he once served as mayor and a city councilman. His twin brother, Joaquin Castro, is a Democratic congressman from Texas.

ANDREW YANG

The entrepreneur and former tech executive is focusing his campaign on an ambitious universal income plan. Yang, 44, wants to guarantee all American citizens between the ages of 18 and 64 a $1,000 check every month. The son of immigrants from Taiwan, Yang also is pushing for Medicare for All and proposing a new form of capitalism that is “human-centered.” He lives in New York.

KIRSTEN GILLIBRAND 

Gillibrand, known as a moderate when she served as a congresswoman from upstate New York, has refashioned herself into a staunch progressive, calling for strict gun laws and supporting the Green New Deal. The senator for New York, who is 52, has led efforts to address sexual assault in the military and on college campuses, and she pushed for Congress to improve its own handling of sexual misconduct allegations. On the campaign trail, she has made fiery denunciations of Trump. She released her tax returns for the years 2007 through 2018, offering the most comprehensive look to date at the finances of a 2020 White House candidate, and has called on her rivals to do the same.

JOHN HICKENLOOPER 

The 67-year-old former Colorado governor has positioned himself as a centrist and an experienced officeholder with business experience. He is the only Democratic presidential candidate so far to oppose the Green New Deal plan to tackle climate change, saying it would give the government too much power in investment decisions. During his two terms in office, Colorado’s economy soared and the Western state expanded healthcare, passed a gun control law and legalized marijuana. The former geologist and brew pub owner is among the many candidates who have refused to take corporate money. He previously served as mayor of Denver.

JAY INSLEE 

The Washington state governor has made fighting climate change the central issue of his campaign. As governor, Inslee, 68, has moved to put a moratorium on capital punishment and fully implement the Affordable Care Act, commonly known as Obamacare, and accompanying expansion of Medicaid health coverage for the poor. He has not settled on a position on Medicare for All but does support the Green New Deal backed by progressives. Inslee spent 15 years in Congress before being elected governor in 2012.

JOHN DELANEY

The former U.S. representative from Maryland became the first Democrat to enter the 2020 race, declaring his candidacy in July 2017. Delaney, 55, plans to focus on advancing only bipartisan bills during the first 100 days of his presidency if elected. He is also pushing for a universal healthcare system, raising the federal minimum wage and passing gun safety legislation. 

TULSI GABBARD 

The Samoan-American congresswoman from Hawaii and Iraq war veteran is the first Hindu to serve in the U.S. House of Representatives. After working for her father’s anti-gay advocacy group and drafting relevant legislation, she was forced to apologize for her past views on same-sex marriage. Gabbard, 37, has been against U.S. intervention in Syria and slammed Trump for standing by Saudi Arabia after the murder of journalist Jamal Khashoggi. She endorsed Bernie Sanders during his 2016 presidential campaign.

ERIC SWALWELL

The third-term congressman from a California district south of San Francisco cited tackling student debt and gun violence among the reasons he jumped into the Democratic primary race. Swalwell, 38, is among the younger candidates vying for the 2020 Democratic nomination. He served on the House Intelligence Committee and founded the Future Forum, a group of more than 25 Democratic lawmakers that visits universities and community colleges to discuss issues important to millennial voters like student loan debt and climate change.

TIM RYAN

The moderate nine-term congressman from a working-class district in the battleground state of Ohio has touted his appeal to the blue-collar voters who fled to Trump in 2016. He says Trump has turned his back on those voters and failed to live up his promise to revitalize the manufacturing industry. Ryan, 45, pledges to create jobs in new technologies and to focus on public education and access to affordable healthcare. He first gained national attention when he unsuccessfully tried to unseat Nancy Pelosi as the House Democratic leader in 2016, arguing it was time for new leadership. A former college football player, he also has written books on meditation and healthy eating.

SETH MOULTON

An Iraq War veteran and member of Congress, Seth Moulton, 40, was first elected to the U.S. House of Representatives in 2014 when he defeated a fellow Democrat in the primary election. Moulton served in the Marines from 2001 to 2008. He became a vocal critic of the Iraq War in which he served, saying no more troops should be deployed to the country. He has advocated stricter gun laws, saying military-style weapons should not be owned by civilians. Moulton supports the legalization of marijuana and told Boston public radio station WGBH in 2016 that he had smoked pot while in college. After Democrats took control of the House of Representatives in 2018, Moulton helped organize opposition to Representative Nancy Pelosi’s bid to again become speaker.

MARIANNE WILLIAMSON

The 66-year-old New York Times best-selling author, motivational speaker and Texas native believes her spirituality-focused campaign can heal America. A 1992 interview on Oprah Winfrey’s show propelled Williamson to make a name for herself as a “spiritual guide” for Hollywood and a self-help expert. She is calling for $100 billion in reparations for slavery over 10 years, gun control, education reform and equal rights for lesbian and gay communities. In 2014, she made an unsuccessful bid for a House seat in California as an independent.

WAYNE MESSAM

Messam, 44, defeated a 16-year incumbent in 2015 to become the first black mayor of the Miami suburb of Miramar. He was re-elected in March. The son of Jamaican immigrants, he played on Florida State University’s 1993 national championship football team, and then started a construction business with his wife. He has pledged to focus on reducing gun violence, mitigating climate change and reducing student loan debt and the cost of healthcare.

(Reporting by Ginger Gibson; editing by Jonathan Oatis)

Source: OANN

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Exclusive: India government asked banks to save Jet, avoid bankruptcy – sources

FILE PHOTO: A Jet Airways plane is parked as another moves to the runway at the Chhatrapati Shivaji International airport in Mumbai
FILE PHOTO: A Jet Airways plane is parked as another moves to the runway at the Chhatrapati Shivaji International airport in Mumbai, India, February 14, 2018. REUTERS/Danish Siddiqui/File Photo

March 19, 2019

By Aftab Ahmed and Aditi Shah

NEW DELHI (Reuters) – India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election, two people within the administration told Reuters.

The finance ministry has in the past year sought regular updates from the banks, led by State Bank of India (SBI), on Jet’s financial health, the people said. In recent months, the banks have provided weekly updates about a revival plan and also sought government advice, the people added.

“Top officials at the finance ministry seek regular updates on the issue,” said an official at one of Jet’s lenders, who did not want to be identified as discussions are private.

Details of the discussion between the finance ministry and bankers on bailing out Jet have not been previously reported.

New Delhi has urged state-run banks to convert debt into equity and take a stake in Jet in a rare move in India to use taxpayer money to save a struggling private-sector company from bankruptcy. The two people plus one more source, however, said this would be “transitory” and lenders could sell the stakes once Jet revives.

The government has also nudged its 49 percent-owned National Investment and Infrastructure Fund (NIIF) – created to invest in stalled and new infrastructure projects – to buy a stake in Jet, a separate government source said.

Saddled with more than 1 billion dollars of debt, Jet is struggling to stay aloft. It has delayed payments to banks, suppliers, employees and aircraft lessors – some of which have begun terminating lease deals.

The world’s biggest democracy is gearing up for an election next month and its booming aviation sector, which employs close to a million people, has been one of the job-creation success stories that Modi can point to as he seeks a second term.

It is crucial for India that Jet revives as the fall of its second-largest airline could have “disastrous consequences for the investment climate” in the sector, a top government official told Reuters.

The official is concerned that if Jet collapses it could drive up airfare in a fast-growing market, wiping out efforts to bring low-cost air travel to India’s hinterland.

A chaotic end could also make it more difficult for the government to sell a stake in Air India, at least in the short run. Last year, it failed to sell part of its stake in the indebted carrier which currently relies on taxpayer money.

If the government’s plan for Jet succeeds, then state-run banks including SBI and Punjab National Bank (PNB) as well as NIIF would together own at least a third of the airline until they find a new buyer.

Currently, Abu Dhabi’s Etihad Airways is Jet’s largest shareholder with a 24 percent stake.

India’s finance ministry, SBI, PNB and Jet Airways did not respond to requests for comment.

KINGFISHER’S COLLAPSE

Most companies in Jet’s financial condition would be placed by creditors into India’s new bankruptcy process, two bankers said. However, memories of the chaos sparked by Kingfisher Airlines’ demise in 2012 have prompted the government to seek a more sober road to rescue, they said.

Kingfisher’s bankruptcy caused job losses, lessors lost millions of dollars and banks took massive writedowns.

Putting what is essentially a services provider like Jet through the bankruptcy process would diminish its value because it owns no major assets, unlike a manufacturing company, as most of its planes are leased, said another government official.

If it is pushed into bankruptcy and lessors start pulling even more planes out of service, there would be nothing left for any potential investors, the official said. Already 41 planes have been grounded by lessors in the past three months, leading to flight cancellations.

While on the surface Jet’s future still hangs in the balance with its main shareholder Etihad at loggerheads over the final terms of any deal, behind-the-scenes support from the government means there is likely to be a bailout.

But there are no easy options, one of the sources said, adding that the lenders do not have the expertise to run an airline so they have to decide what to do once they convert their debt into equity.

New Delhi is also backing a proposal for Jet’s founder and Chairman Naresh Goyal to step down if it means saving the airline, another official said.

“Saving Jet is not equivalent to saving Goyal,” the official said.

RISING AIRFARE

Jet, with its fleet of 119 planes, once controlled a sixth of India’s domestic aviation market. The 25-year-old airline is also one of only two full-service carriers that flies to international destinations. The other is Air India.

The government ideally wants four to six major airlines to ensure fares are competitive and passengers have greater choice, according to the top government source.

India plans to build 100 new airports costing about $60 billion which would need a steady stream of flights to sustain them, and that is possible only if there are enough airlines, a separate official said.

“The investment in these airports will solely depend on operators willing to have regular flights at affordable prices and one operator going bankrupt does not help,” he said.

(Reporting by Aftab Ahmed and Aditi Shah; Editing by Martin Howell and Christopher Cushing)

Source: OANN

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Charles Kushner Defends Son Jared Against Critics

Charles Kushner, the father of President Donald Trump's son-in-law and senior adviser Jared Kushner, argued in a rare opinion piece his family real estate business is healthy and took several steps to prevent a conflict of interest when Jared Kushner joined the Trump administration more than two years ago.

Writing for The Washington Post, Charles Kushner made the case his son helped steer Kushner Companies down the path to massive success as CEO from 2008-2017. He focused on the company's 2007 purchase of 666 Fifth Ave. in New York City for most of his piece.

"Critics of our 666 Fifth Ave. purchase often focus their attacks on my son Jared Kushner, who became chief executive in 2008. That criticism is also baseless," the elder Kushner wrote. "You wouldn't know it from the way his nine-year stewardship of the company has been portrayed, but before he resigned to join the Trump administration in 2017, Jared led major property acquisitions worth more than $5 billion, and the company grew from about 50 employees to more than 700.

"We now have more than $7 billion of assets under management."

Kushner then outlined some of the steps the company took as his son was preparing to work in the White House.

"When he left the company, Jared took several steps to preclude conflicts of interest. At the recommendation of his legal counsel, in consultation with the Office of Government Ethics, he divested from more than 80 partnerships, including 666 Fifth Ave., at a substantial financial sacrifice," Kushner wrote.

"We walled off Jared from receiving information on the company, and he resigned as the controlling partner in more than 100 entities. This was all done out of an abundance of caution."

Source: NewsMax Politics

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US housing starts plummeted 11.2 percent in December

The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year.

The Commerce Department said Tuesday that housing starts fell 11.2 percent in December from the previous month to a seasonally adjusted annual rate 1.08 million. This is the slowest pace of construction since September 2016.

Over the past 12 months, housing starts have tumbled 10.2 percent. December's decline occurred for single-family houses and apartment buildings. Builders have pulled back as higher prices have caused home sales to slump, suggesting that affordability challenges have caused the pool of would-be buyers to dwindle.

Permits to build housing, an indicator of future activity, increased just 0.3 percent in December.

Source: Fox News National

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul
Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul, Afghanistan April 26, 2019. REUTERS/Omar Sobhani

April 26, 2019

By Rupam Jain and Hameed Farzad

KABUL (Reuters) – Afghan President Ashraf Ghani encouraged newly-elected lawmakers to participate in the peace process with the Taliban as he opened on Friday the first session of parliament since a controversial election.

Ghani has invited thousands of politicians, religious scholars and rights activists to an assembly known as a loya jirga next week to discuss ways to end the 17-year war.

Several opposition leaders have said they will boycott the four-day assembly in Kabul, saying it was pulled together without their input and is being used by Ghani as he seeks a second term in a September presidential election.

“We have presented the peace plan on a regular basis and we are committed to it,” Ghani said in the first session since parliamentary elections marred by technical problems, militant attacks and accusations of voting fraud last year.

“Based on this plan, there will be no peace deal and negotiation that does not have the green card of the parliament,” he added.

Officials from the United States and the Taliban have held several rounds of talks to end the Afghan war.

U.S. negotiator, Zalmay Khalilzad, has reported some progress toward an accord on a U.S. troop withdrawal and on how the Taliban would prevent extremists from using Afghanistan to launch attacks as al Qaeda did on Sept. 11, 2001.

The insurgents have so far rejected U.S. demands for a ceasefire and talks on the country’s political future that would include Afghan government officials.

The loya jirga, a centuries-old institution used to build consensus among competing tribes, factions and ethnic groups, is an attempt by Ghani to influence the peace talks and cement his position for a second term, Afghan politicians and Western diplomats say.

Amid growing political divisions in Kabul, opposition politicians have demanded that Ghani step down when his mandate ends next month, and give way to an interim government to oversee peace talks with the Taliban. Ghani has ruled that out.

The country’s top court said last week Ghani can stay in office until the presidential election in September.

(Reporting by Hameed Farzad, Rupam Jain, Editing by Darren Schuettler)

Source: OANN

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Deputy Attorney General Rod Rosenstein Thursday defended special counsel Robert Mueller’s investigation while slamming former President Barack Obama’s administration for being slow to take action on Russian interference in U.S. elections and ex-FBI Director James Comey for telling Congress the agency was investigating collusion between the Trump campaign and Russia.

“Our nation is safer, elections are more secure, and citizens are better informed about covert foreign influence schemes,” Rosenstein said in a speech to the Armenian Bar Association, marking his first public remarks after the Mueller report was released, reports CBS News.

He also pointed out that the investigation revealed a pattern of computer hacking and the use of social media to undermine elections as “only the tip of the iceberg of a comprehensive Russian strategy to influence elections, promote social discord, and undermine America, just like they do in many other countries,” reports The Wall Street Journal.

The Obama administration also made “critical decisions,” including choosing not to publicize the full story about Russian hackers and social media trolling, “and how they relate to a broader strategy to undermine America,” said Rosenstein.

He noted that the Mueller probe began after Comey disclosed during a hearing before Congress that President Donald Trump “pressured him to close the investigation and the president denied that the conversation occurred.”

Rosenstein said two years ago, when he was confirmed, he was told by a Republican senator that he would be in charge of the probe and that he’d report the results to the American people.

However, he said he didn’t promise to do that, because it is “not our job to render conclusive factual findings. We just decide whether it is appropriate to file criminal charges.”

Source: NewsMax Politics

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FILE PHOTO: The Huawei logo is pictured outside its Huawei's factory campus in Dongguan, Guangdong province
FILE PHOTO: The Huawei logo is pictured outside its Huawei’s factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Ben Blanchard

BEIJING (Reuters) – Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China’s Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

News that Britain’s National Security Council, attended by senior ministers and spy chiefs, had agreed on Tuesday to bar Huawei from all core parts of the country’s 5G network and restrict its access to non-core elements was leaked to a national newspaper.

The leak of secret discussions has sparked anger in parliament and amongst Britain’s intelligence community. Britain’s most senior civil servant Mark Sedwill has launched an inquiry and written to ministers who were at the meeting.

“My understanding from London (is) that an investigation has been announced into apparent leaks from the NSC meeting earlier this week,” said Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing.

“To my knowledge there has never been a leak from a National Security Council meeting before and therefore I think it is very important that we get to the bottom of what happened here,” he told Reuters in a pooled interview.

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation. The majority of the ministers at the NSC meeting have said they were not involved, according to media reports.

Hammond said he was unaware of any previous leak from a meeting of the NSC.

“It’s not about the substance of what was apparently leaked. It’s not earth-shattering information. But it is important that we protect the principle that nothing that goes on in national security council meetings must ever be repeated outside the room.”

Allowing Huawei a reduced role in building its 5G network puts Britain at odds with the United States which has told allies not to use its technology at all because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

There have been concerns that the NSC’s conclusion, which sources confirmed to Reuters, could upset other allies in the world’s leading intelligence-sharing network – the Five Eyes alliance of the United States, Britain, Australia, Canada and New Zealand.

However, British ministers and intelligence officials have said any final decision on 5G would not put critical national infrastructure at risk. Ciaran Martin, head of the cyber center of Britain’s main eavesdropping agency, GCHQ, played down any threat of a rift in the Five Eyes alliance.

(Writing by Michael Holden; Editing by Mark Heinrich)

Source: OANN

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