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KU Offers ‘angry white male’ Course

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Source: InfoWars

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U.S., China haggle over toughest issues in trade war talks

U.S.-China trade delegations hold trade talks at the White House in Washington
U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross (Top-L) pose for a photograph with China's Vice Premier Liu He (2ndR), Chinese vice ministers and senior officials before the start of US-China trade talks at the White House in Washington, U.S., February 21, 2019. REUTERS/Joshua Roberts

February 22, 2019

By Jeff Mason and David Lawder

WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators haggled on Thursday over the details of a set of agreements aimed at ending their trade war, just one week before a Washington-imposed deadline for a deal expires and triggers higher U.S. tariffs.

Reuters reported exclusively on Wednesday that the two sides are starting to sketch out an agreement on structural issues, drafting language for six memorandums of understanding on proposed Chinese reforms.

If the two sides fail to reach an agreement by March 1, U.S. tariffs on $200 billion worth of Chinese imports are set to rise to 25 percent from 10 percent. Tit-for-tat tariffs between the world’s two largest economic powers have disrupted international trade and slowed the global economy since the trade war started seven months ago.

Negotiators have struggled this week to overcome differences on specific language to address tough U.S. demands for structural changes in China’s economy, two sources familiar with the talks said. The issues include an enforcement mechanism to ensure that China complies with any agreements.

“It’s not surprising that this week has been more challenging,” said an industry source familiar with the talks. “Once you move from putting together outlines to filling out the details, that is where things would naturally become more challenging.”

Chinese officials did not answer questions as they left the U.S. Trade Representative’s office on Thursday evening after more than nine hours of talks on Thursday.

The discussions began with a photo opportunity where U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He faced each other silently across a table in the Eisenhower Executive Office Building next door to the White House.

It was unclear whether Liu would meet with U.S. President Donald Trump after the scheduled end of talks on Friday, as they did during Liu’s last visit to Washington for talks in late January.

Trump, who has embraced an “America First” policy as part of an effort to rebalance global trade, has said the March 1 deadline could be extended if enough progress is made.

Sources familiar with the negotiations told Reuters the memorandums would cover forced technology transfer and cyber theft, intellectual property rights, services, currency, agriculture and non-tariff barriers to trade.

The two sides remain far apart on demands by Trump’s administration for China to end practices on those issues that led Trump to start levying duties on Chinese imports in the first place.

Chinese President Xi Jinping would need to undertake difficult structural economic reforms to meet U.S. demands. The United States is offering no real concessions in return, other than to remove the tariff barriers Trump has imposed to force change from China.

For a FACTBOX on issues covered by the MOUs, see

PEN TO PAPER

One of Trump’s demands that is easier to fix for Beijing is to reduce the trade imbalance between the two nations. The U.S. trade deficit with China reached a record $382 billion through the first 11 months of 2018.

The two sides have reached consensus on how to alleviate the trade imbalances, several Chinese government sources said. Washington and Beijing are looking at a 10-item list for that, including additional Chinese purchases of agricultural produce, energy and goods such as semiconductors.

U.S. Agriculture Secretary Sonny Perdue called China’s pledges to purchase U.S. agricultural produce premature.

“Those proposals are all contingent upon a grand deal,” he said on the sidelines of the U.S. Department of Agriculture’s annual forum in Washington.

“The real issue is structural reforms regarding intellectual property, enforceability of those types of provisions.”

The United States could quickly recover its lost agricultural markets in China if a deal is struck, he said.

Perdue has overseen $12 billion in federal aid to U.S. farmers for losses they have sustained because of the trade war. China had all but halted purchases of U.S. soybeans, which were the single biggest U.S. agricultural export, worth around $12 billion in 2017.

(Reporting by Jeff Mason and David Lawder; Additional reporting by Rajesh Kumar Singh, Humeyra Pamuk in Washington, Chris Prentice in New York and Michael Martina in Beijing; Editing by Simon Webb, Paul Simao and Richard Chang)

Source: OANN

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Thousands of protesters back in Algeria’s streets, demanding radical reform

Students take part in a protest seeking the departure of the ruling elite in Algiers
FILE PHOTO: Students take part in a protest seeking the departure of the ruling elite in Algiers, Algeria April 16, 2019. REUTERS/Ramzi Boudina

April 19, 2019

ALGIERS (Reuters) – – Thousands of demonstrators returned to Algeria’s streets on Friday to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika’s resignation after six weeks of mass protests, witnesses said.

Parliament named an interim president and a July 4 election date was set in a transition the powerful military endorsed. But Bouteflika’s April 2 exit failed to placate many Algerians who want to topple the entire, largely elderly elite that have dominated the country since independence from France in 1962.

Thousands of protesters gathered anew in city centers around Algeria demanding root-and-branch reforms – including political pluralism and crackdowns on corruption and cronyism, witnesses said, and more were expected after Friday prayers.

On Tuesday, army chief said Lieutenant-General Ahmed Gaed Salah said the military was considering all options to resolve the national political crisis and warned “time is running out”.

It was a hint that the military was losing patience with the popular upheaval shaking Algeria, a major oil and natural-gas exporter and a key security partner for the West against Islamist militants in north and west Africa.

Salah did not specify what measures the army could take but added: “We have no ambition but to protect our nation.”

The army has so far patiently monitored the mostly peaceful protests that at times swelled to hundreds of thousands of people. It remains the most powerful institution in Algeria, having swayed politics from the shadows for decades.

Protesters want a clean break with “le pouvoir”, or secretive establishment – veterans of the war of independence against France, the ruling National Liberation Front (FLN) party and associated oligarchs – and sweeping reforms.

(Reporting by Lamine Chikhi and Hamid Pulf Ahmed; Writing by Ulf Laessing; Editing by Mark Heinrich)

Source: OANN

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PPP Poll: Ky. Majority Disapproves of McConnell's Performance

Only 33 percent of registered voters in Kentucky approve of the job Senate Majority Leader Mitch McConnell is doing, according to a poll released Thursday.

Fifty-six percent disapprove of the job McConnell is doing, while 11 percent say they are unsure. The poll was conducted by Public Polling Policy on behalf of the Ditch Mitch Fund, a group that opposed McConnell.

Additional findings include:

  • Just 47 percent of Republicans approve of the job McConnell is doing, compared to 87 percent of Republicans who approve of President Donald Trump's job performance.
  • 47 percent of Republicans think McConnell deserves to be re-elected in 2020, while 44 percent of Republicans think it is time to elect someone new.
  • 30 percent of the people who voted for McConnell in 2014 disapprove of his job performance, and 32 percent say it is time for someone new to hold his Senate seat.

PPP surveyed 748 registered voters via telephone.

Source: NewsMax Politics

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Mom charged in killing of LA-area girl found in duffel bag

Authorities have arrested a woman on suspicion of murder after the body of her 9-year-old daughter was found in a duffel bag along a suburban horse trail near Los Angeles.

Los Angeles County sheriff's officials say Taquesta Graham is expected to be charged on Wednesday. It wasn't known Monday if she has an attorney.

Prosecutors last week charged Graham's boyfriend, Emiel Hunt, with murder in the killing of Trinity Love Jones.

The girl's body was found March 5 in the suburb of Hacienda Heights. She was wearing a pink shirt that said, "Future Princess Hero."

Graham was extradited from Texas to Southern California last week and was initially held on an unrelated warrant.

Prosecutors said the 38-year-old Hunt has a previous child abuse conviction from 2005 in San Diego County.

Source: Fox News National

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NBA roundup: Nuggets, Raptors even series

NBA: Playoffs-San Antonio Spurs at Denver Nuggets
Apr 16, 2019; Denver, CO, USA; Denver Nuggets head coach Michael Malone reacts with guard Jamal Murray (27) in the fourth quarter against the San Antonio Spurs in game two of the first round of the 2019 NBA Playoffs at the Pepsi Center. Mandatory Credit: Isaiah J. Downing-USA TODAY Sports

April 17, 2019

Jamal Murray scored 21 of his 24 points in the fourth quarter, and the host Denver Nuggets rallied from down 19 to beat the San Antonio Spurs 114-105 in Game 2 of their Western Conference first-round playoff series on Tuesday night.

Nikola Jokic had 21 points, 13 rebounds and eight assists, Gary Harris scored 23 points, and Paul Millsap had 20 points for Denver. The Nuggets tied the series 1-1 and ended San Antonio’s seven-game playoff winning streak in Denver.

DeMar DeRozan scored 31 points and LaMarcus Aldridge had 24 points for the Spurs.

Murray, who missed his first eight shots, hit five consecutive shots in the fourth quarter, including two straight and a pair of free throws that gave Denver a 99-97 lead, its first advantage since 17-16. The Nuggets were ahead by three before Murray drained two 3-pointers to make it 110-101.

Raptors 111, Magic 82

Kawhi Leonard scored 37 points on 15-for-22 shooting from the field, and Toronto defeated visiting Orlando to even its first-round Eastern Conference playoff series at one game apiece.

Pascal Siakam added 19 points and 10 rebounds for the Raptors, who never trailed. Kyle Lowry contributed 22 points and seven assists for Toronto while Serge Ibaka chipped in with 13 points and eight rebounds off the bench.

Aaron Gordon scored 20 points for the Magic, who split the regular-season series 2-2 with the Raptors. Terrence Ross added 15 points for Orlando while Evan Fournier scored 10 points.

–Field Level Media

Source: OANN

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Explainer – Looking for America: Is Julian Assange heading to the United States?

FILE PHOTO: WikiLeaks founder Julian Assange arrives at the Westminster Magistrates Court, after he was arrested in London
FILE PHOTO: WikiLeaks founder Julian Assange arrives at the Westminster Magistrates Court, after he was arrested in London, Britain April 11, 2019. REUTERS/Hannah McKay/File Photo

April 15, 2019

By Guy Faulconbridge and Michael Holden

LONDON (Reuters) – British police dragged Julian Assange from the Ecuadorean embassy last Thursday after his asylum was revoked, ending his seven-year stay there and opening the way for his extradition to the United States.

Assange’s supporters, who cast him as a dissident facing the wrath of a superpower, fear the 47-year-old will end up on trial in the United States.

The United States wants Assange for one of the largest compromises of classified information in U.S. history.

What happens now?

WHO IS ASSANGE?

Assange was born on July 3, 1971 in Australia. In his teens, he gained a reputation as a talented computer programmer and in the mid-1990s he was arrested and pleaded guilty to hacking. He founded WikiLeaks in 2006.

He shot to fame in early 2010 when WikiLeaks published a classified U.S. military video showing a 2007 attack by Apache helicopters in Baghdad that killed a dozen people, including two Reuters news staff.

WikiLeaks published hundreds of thousands of secret U.S. diplomatic cables that laid bare often critical U.S. appraisals of world leaders, from Russian President Vladimir Putin to members of the Saudi royal family.

WHY WAS HE IN THE ECUADOREAN EMBASSY?

Assange took refuge in the Ecuadorean embassy in June 2012 to avoid being extradited to Sweden, where authorities wanted to question him as part of a preliminary sexual assault investigation.

That investigation was later dropped but because he had breached his British bail in 2012, he was arrested last week and found guilty of failing to surrender to Westminster Magistrates’ Court.

Following his arrest, U.S. prosecutors announced charges against him and Swedish prosecutors are considering reopening the rape investigation.

JAIL IN THE UNITED KINGDOM?

Westminster Magistrates’ Court’s Judge Michael Snow said Assange faces up to 12 months in jail when he is sentenced at a later date at Southwark Crown Court.

The British criminal action against Assange will take precedence over extradition proceedings although Nick Vamos, lawyer at London-based firm Peters & Peters and former head of extradition at Britain’s Crown Prosecution Service, said in practice it would make little difference.

    “Even if he gets a maximum 12-month sentence, that means he will serve six and it will take at least six months for his extradition proceedings to be resolved,” Vamos told Reuters.

    So while he is in custody, the extradition hearings can proceed. The British judge gave the U.S. government a deadline of June 12 to outline its case against Assange.

SO DOES ASSANGE END UP IN SWEDEN OR THE UNITED STATES?

The courts will have to rule on any extradition request and Home Secretary Sajid Javid would decide which one takes precedence.

Vamos said the home secretary would take into account the seriousness of the offence and which request was issued first, and expected a Swedish one would take supremacy.

    “Even though technically it would be a re-issued request, in effect it would be just a repeat of the request that was issued many years ago and therefore it would be treated as if it was the earliest one,” he said.

    “The fact that his extradition had already been ordered on it once would be in the home secretary’s mind. The U.S. government can wait a bit longer, they’ve taken quite a long time to sort out whether they were ever going to charge him or not …

“We don’t know what happened in Sweden, we don’t whether he committed that offense and there’s a victim there who’s been waiting for justice for many years and I think that should take priority.”

WHAT IS THE U.S. CASE?

Just hours after Assange’s arrest, U.S. prosecutors announced charges against him for conspiring with former Army intelligence analyst Chelsea Manning to gain access to a government computer.

The indictment, filed in March 2018 and unsealed on Thursday, said Assange in March 2010 engaged in a conspiracy to help Manning crack a password stored on Defense Department computers connected to the Secret Internet Protocol Network (SIPRNet), a U.S. government network used for classified documents and communications.

Manning, formerly Bradley Manning, was jailed on March 8 after being held in contempt by a judge in Virginia for refusing to testify before a grand jury in what is widely believed to be related to the Assange investigation.

Manning was convicted by court-martial in 2013 of espionage and other offences for furnishing more than 700,000 documents, videos, diplomatic cables and battlefield accounts to WikiLeaks while she was an intelligence analyst in Iraq. Former President Barack Obama commuted the final 28 years of Manning’s 35-year sentence.

WHAT IS THE SWEDISH INVESTIGATION?

Assange was accused by two Swedish women of sexual assault and rape in 2010. After opening an initial investigation, prosecutors dropped it, only to reopen it and issue an European arrest order for Assange, who had left the country for Britain.

Assange, who denied the allegations, fought through the courts to get an extradition order and the preliminary investigation dropped.

His lawyers said he feared that should he go to Sweden, authorities could hand him over to the United States.

Prosecutors ended the preliminary investigation into allegations of sexual molestation and unlawful coercion in 2015 as the statute of limitations had already passed, but kept open the rape probe.

In May 2017, then chief prosecutor Marianne Ny dropped the preliminary investigation into rape without filing any charges, saying that there was no prospect of Assange being handed over within a reasonable timeframe.

Swedish prosecutors said on April 11 they had received a formal request to reopen the rape investigation from the legal counsel representing the alleged victim.

The request was assigned to Deputy Chief Prosecutor Eva-Marie Persson, who said prosecutors would look into the matter and determine how to proceed.

The statute of limitation for rape is 10 years, a deadline which would be reached in the mid-August next year.

HOW COULD ASSANGE FIGHT EXTRADITION?

    “Everybody can challenge an extradition request on the basis it would be contrary to their human rights for them to be extradited,” Vamos said.

    “So Assange could argue that it would be impossible for him to have a fair trial in the U.S. given what happened to Chelsea Manning, given the notoriety, the publicity about his case that effectively he’s been tried in the media, public statements by U.S. officials (that) it’s impossible for him to have a fair trial.”

    He could also bring up potential conditions he would face in U.S. prisons.

    “He could argue the entire request is politically motivated that he is being prosecuted by reason of his political opinions or his political affiliations, that it’s revenge, it’s vindictive, it’s a vendetta,” Vamos said. “All of those arguments have legs.” 

    Sweden’s original request for Assange’s extradition went to Britain’s Supreme Court which backed the request.

    If a lower court orders his extradition, then he could again appeal the decision to London’s High Court and ultimately again to the Supreme Court if he can identify a challenge based on a point of law.

    For U.S. requests, the courts’ decision has to be ratified by the Home Secretary but Vamos said in effect this was now just a rubber-stamping exercise.

(Additional reporting by Niklas Pollard and Simon Johnson in STOCKHOLM and Mark Hosenball in WASHINGTON; editing by Robin Pomeroy)

Source: OANN

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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NEED FOR CASH

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

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

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

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

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

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

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

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

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

Source: Fox News World

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

April 26, 2019

By Charlotte Greenfield

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

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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

April 26, 2019

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

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

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

(Reporting by Muvija M in Bengaluru)

Source: OANN

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