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Elizabeth Warren doubles down on Trump impeachment push, say it’s ‘bigger than politics’

2020 presidential hopeful Sen. Elizabeth Warren, D-Mass., on Saturday doubled down on her call for the House to open impeachment proceedings against President Trump in the wake of the release of Special Counsel Robert Mueller’s Russia report -- even as others in her party appear wary of such a push.

“I know people say this is politically charged and we shouldn’t go there, and that there is an election coming up, but there are some things that are bigger than politics,” she told an audience at Keene College, New Hampshire.

WARREN URGES HOUSE TO BEGIN IMPEACHMENT PROCEEDINGS ON HEELS OF MUELLER REPORT

“We cannot be an America that says it is OK for a president of the United States to try and block an investigation into a foreign attack on our country or an investigation into that president’s own misbehavior -- so I have called on the House to initiate impeachment proceedings.”

While investigators effectively cleared the president and his associates on the Russia collusion charge central to the probe, it outlined a series of Trump actions that were investigated as part of the obstruction-of-justice inquiry.

WHY DID MUELLER WAIT TO ANSWER COLLUSION QUESTION, BUSH AG MICHAEL MUKASEY ASKS

Mueller did not reach a determination on that issue, but he provided a series of examples of how Trump tried to limit the probe -- including telling his then-White House Counsel Don McGahn to tell the acting attorney general to remove Mueller.

Democratic leaders have so far focused on demanding access to the full, unredacted report and have also called for Mueller to testify to Congress.

Warren first made her call for impeachment on Friday, when she noted that Mueller said in his report that “Congress has authority to prohibit a President’s corrupt use of his authority in order to protect the integrity of the administration of justice.”

"The severity of this misconduct demands that elected officials in both parties set aside political considerations and do their constitutional duty," she tweeted. "That means the House should initiate impeachment proceedings against the President of the United States.

MUELLER REPORT IGNITES NEW DEM BATTLE OVER IMPEACHMENT

In justifying her call, she said on Saturday that there are “three big toplines [from the Mueller report] that are inescapable.”

“A hostile foreign government attacked our 2016 election in order to help Donald Trump; Donald Trump welcomed that help; and when the federal government tried to investigate what happened, Donald Trump took multiple steps to try and derail or obstruct the investigations,” she said.

“The fundamental question for us is ‘is there going to be some accountability here?’” she added.

Her call is likely to be welcomed by the left-wing of the party, whose wing in Congress has been open in its hope to impeach the president. Freshman Rep. Rashida Tlaib, D-Mich., who said in January that she wanted to “impeach the motherf----r,” has introduced a resolution urging the House Judiciary Committee to probe whether Trump committed impeachment-level offenses. That resolution has been signed onto by fellow left-wing freshman Reps. Ilhan Omar, D-Minn., and Alexandria Ocasio-Cortez, D-N.Y.

But it is far from clear how much traction such a push will gain. Impeachment proceedings would almost certainly be dead-on-arrival in the Republican-controlled Senate and risk-taking 2020 Democrats away from their policy agendas to focus on impeachment.

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Other 2020 Democrats have so far not come out in explicit support of Warren’s call, while House Speaker Nancy Pelosi, D-Calif., has long been skeptical of impeachment proceedings against Trump.

"I’m not for impeachment," Pelosi told The Washington Post in an interview last month. "Impeachment is so divisive to the country that unless there’s something so compelling and overwhelming and bipartisan, I don’t think we should go down that path, because it divides the country. And he’s just not worth it."

Fox News’ Elina Shirazi, Judson Berger and Paulina Dedaj contributed to this report.

Source: Fox News Politics

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Trump Sanctuary City Idea Could Help Some Immigrants

An idea floated by President Donald Trump to send immigrants from the border to "sanctuary cities" to exact revenge on Democratic foes could end up doing the migrants a favor by placing them in locations that make it easier to put down roots and stay in the country.

The plan would put thousands of immigrants in cities that are not only welcoming to them, but also more likely to rebuff federal officials carrying out deportation orders. Many of these locations have more resources to help immigrants make their legal cases to stay in the United States than smaller cities, with some of the nation's biggest immigration advocacy groups based in places like San Francisco, New York City and Chicago. The downside for the immigrants would be a high cost of living in the cities.

The Transactional Records Access Clearinghouse at Syracuse University announced this week that an analysis found the likelihood of an immigrant in sanctuary cities such as New York and Los Angeles are 20% less likely to be arrested out in the community than in places without such policies.

"With immigrants being less likely to commit crimes than the U.S. born population, and with sanctuary jurisdictions being safer and more productive than non-sanctuary jurisdictions, the data damns this proposal as a politically motivated stunt that seeks to play politics with peoples' lives," said George Gascon, district attorney for San Francisco.

Trump has grown increasingly frustrated over the situation at the border, where tens of thousands of immigrant families are crossing each month, many to claim asylum. His administration has attempted several efforts to stop the flow and he recently shook up the top ranks of the Department of Homeland Security.

The idea to ship immigrants to Democratic strongholds was considered twice in recent months, but the White House and Department of Homeland Security said the plan had been rejected. But Trump said Friday he was still considering the idea.

"Due to the fact that Democrats are unwilling to change our very dangerous immigration laws, we are indeed, as reported, giving strong considerations to placing Illegal Immigrants in Sanctuary Cities only," Trump tweeted. He added that, "The Radical Left always seems to have an Open Borders, Open Arms policy - so this should make them very happy!"

Wilson Romero is an immigrant from Honduras who chose to settle in the San Francisco Bay Area.

Romero, 27, was separated from his daughter, now 7, by federal authorities at the U.S. border at El Paso, Texas, last year and jailed for three months before being released and making his way to live with his mother in San Jose, California. There he was reunited with his daughter, who attends public kindergarten.

Romero says he goes about daily errands in public without worry of discrimination. His daughter has made friends and has playdates with the children of Mexican American families. It's a far cry from his hometown in the violence-plagued outskirts of San Pedro Sula, Honduras, that he fled after his brother-in-law was killed.

To him, the biggest problem with being in the Bay Area is the high cost of living. The former textile factory worker relies on his mother's income from waitressing for food and clothing, and he's started thinking about asking legal permission to move to North Carolina, where an uncle resides and says it's cheaper to live and work.

"To tell the truth, it's a little tight now, financially speaking," said Romero, a former textile factory worker, who He doesn't know of any charities that may be willing to help.

The plan discussed by Trump would also have financial, logistical and legal issues.

The transportation of immigrants who are arrested at the border to large and faraway cities would be burdensome and costly at a time when Immigration and Customs Enforcement is already stretched thin, having released over 125,000 immigrants into the country pending their immigration court since Dec. 21. They are currently being released mainly in border states.

Flights chartered by ICE cost about $7,785 per flight hour, according to the agency, and require multiple staffers, including an in-flight medical professional. The agency also uses commercial flights. Doing longer transports would increase liability for the agency, especially considering that many of the immigrants in its care are families with young children.

And despite the consideration given to releasing the immigrants on the streets to sanctuary cities, the Trump administration actually has plenty of jail space to detain families. As of April 11, the nation's three facilities to detain immigrant families were nowhere near capacity, including a Pennsylvania facility housing only nine immigrants.

It's also unclear how long the immigrants would stay in these cities because they are required to provide an address to federal authorities - typically of a family member - as a condition of their release.

"It's illogical," said Angela Chan, policy director and senior attorney with the San Francisco-based Asian Law Caucus. "It's just alarming that they are spending so much effort and so much time to engage in political theater."

The Trump administration has long pushed back against cities with sanctuary policies, which generally prohibit local authorities to cooperate with federal immigration police, often by refusing to hold people arrested on local charges past their release date at the request of immigration officers. Over 100 local governments around the country have adopted a variety of these polices

"New York City will always be the ultimate city of immigrants - the President's empty threats won't change that," New York City Mayor Bill DeBlasio said in a statement.

But Trump seemed ready to step up his fight with the cities, vowing to "give them an unlimited supply" of immigrants from the border.

Source: NewsMax Politics

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Arnold Schwarzenegger: 'Absolutely Unacceptable' for Trump to Attack McCain

Former California Gov. Arnold Schwarzenegger joined a packed chorus to defend the late Sen. John McCain against President Donald Trump's renewed assault on the Vietnam War pilot who spent five and a half years as a POW.

"He was just an unbelievable person," Schwarzenegger told The Atlantic. "So an attack on him is absolutely unacceptable if he's alive or dead — but even twice as unacceptable since he passed away a few months ago. It doesn't make any sense whatsoever to do that. I just think it's a shame that the president lets himself down to that kind of level. We will be lucky if everyone in Washington followed McCain's example because he represented courage."

Trump and McCain feuded since the 2016 campaign when Trump questioned McCain's war hero status. The pair never got along after that, and McCain, an Arizona Republican, cast the deciding vote to shoot down the GOP-backed measure to repeal Obamacare in 2017.

Trump has spoken ill of McCain, who died last August after a battle with brain cancer, on multiple occasions in recent days.

"He was a great public servant, no two ways about that, Schwarzenegger said. "He was known for his honesty, for his courage, and his patriotism and his service.

"The president should lift people up, should lift the nation up rather than always tearing people down."

Schwarzenegger then doled out some advice to Trump regarding bullying.

"Why don't you go and sit down with your wife for just a few minutes, Mr. President, and listen to the First Lady when she's talking about stopping online bullying," he said. "That is a really great message. Which way do we go? Your way, or her way. That's really the question here."

Source: NewsMax Politics

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Pence in Colombia Announces New Sanctions on Maduro

The Trump administration announced new sanctions Monday on allies of Venezuela's Nicolas Maduro as it struggles to find new ways to boost his opponent after an effort to deliver humanitarian aid to the economically devastated nation faltered amid strong resistance from security forces loyal to the socialist leader.

Vice President Mike Pence arrived in the Colombian capital for an emergency summit of regional leaders to discuss the deepening crisis and immediately met with Juan Guaido, the opposition leader the U.S. and 50 other nations recognize as Venezuela's rightful president.

In a speech, Pence urged regional partners to freeze oil assets controlled by Maduro, transfer the proceeds to Guaido and restrict visas for Maduro's inner circle. He said the U.S. was imposing more sanctions on four pro-government governors, including a close Maduro ally who negotiated the release of an American jailed for more than two years.

"It's time to do more," Pence said. "The day is coming soon when Venezuela's long nightmare will end, when Venezuela will once more be free, when her people will see a new birth of freedom, in a nation reborn to libertad."

Pence's appearance before the Lima Group comes at an important crossroads for the coalition of mostly conservative Latin American nations and Canada that has joined forces to pressure Maduro. A month after Guaido declared himself interim president at an outdoor rally, hopes that support for Maduro inside the military would quickly crumble have faded.

Over the weekend, security forces on the borders with Colombia and Brazil fired tear gas and buckshot on activists waving Venezuelan flags while escorting trucks with emergency medical and food kits. Four people were killed and at least 300 wounded, although only a few were hospitalized.

While Colombian authorities said more than 160 soldiers deserted their posts and sought refuge across the border over the weekend, the highest-ranking among them was a National Guard major. No battalion or division commanders have come forward to challenge Maduro despite almost-daily calls by Guaido and the U.S. to do so.

That's left many asking what Guaido and the U.S. can do to break the stalemate.

The Lima Group, in an 18-point declaration signed by 10 nations and Guaido, reiterated their call on the Venezuelan military to recognize the opposition leader as their commander in chief, urged the International Criminal Court to declare Maduro's aid blockade a crime against humanity and pressed the United Nations to play a bigger role in resolving the crisis.

For now, the U.S. is showing no signs it is considering a military intervention to remove Maduro.

During his visit, Pence repeated President Donald Trump's threat that "all options are on the table" but gingerly avoided talking about the potential for military action.

Instead, he stuck to traditional policy tools that so far have only hardened Maduro's resolve. Foremost among them was the addition of four governors to a growing list of more than 50 Venezuelan officials under sanctions and blocked from doing business or having accounts in the U.S.

The most prominent target was Rafael Lacava, the governor of central Carabobo state who played a key role negotiating the release last year of Joshua Holt, a Utah man jailed without a trial for two years on what were seen as trumped-up weapons charges.

Pence also said the U.S. would continue to search for places to pre-position aid for eventual delivery to Venezuela, and announced $56 million in new assistance to countries in the region helping to absorb an exodus of more than 3 million Venezuelans who have fled hyperinflation and shortages in recent years.

"In the days ahead, the United States will announce even stronger sanctions on the regime's corrupt financial networks. We will find every last dollar they have stolen and return that money to the Venezuelan people," he said.

Guaido, in his visit to the Colombian capital, was afforded all the trappings of a head of state. He posed for selfies with well-wishers upon arriving for the summit and stood before a pile of aid boxes stamped with the U.S. flag as he and Pence greeted a group of Venezuelan migrants, including an elderly man who wept as he shook hands with the U.S. vice president and pleaded for help.

But Guaido's speech to the diplomats was short on specifics despite speculation he would request a military intervention as close ally Julio Borges, the opposition ambassador to the Lima Group, suggested on Sunday.

"Being permissive with the usurpation of power would be a threat to democracy in all of America," Guaido said.

Meanwhile, the Lima Group, which has been staunchly behind Guaido, rejected the use of force.

"Let's hope that the pressure of the international community, dialogue and prudence will prevail," said Panamanian President Juan Carlos Varela, who likened the crisis in Venezuela to the one his country faced in the run-up to the 1989 U.S. invasion to remove dictator Manuel Noriega. "Although the circumstances are similar, we must have the capacity to find a solution different than the one used back then."

Secretary of State Mike Pompeo, in interviews on "Fox News Sunday" and CNN's "State of the Union," did not rule out U.S. military force but said "there are more sanctions to be had."

Any additional sanctions will increase the suffering of the Venezuelan people and may lead to more political violence, said Mark Weisbrot, co-director of the Center for Economic and Policy Research, who advocates a negotiated end to the political crisis.

"The 'humanitarian aid' this weekend was a public relations stunt, since the aid was just a tiny fraction of the food and medicine that they are depriving Venezuelans of with the sanctions," Weisbrot said. "As the Trump administration admitted, it was an attempt to get the Venezuelan military to disobey Maduro. It was a farce, and it failed."

Source: NewsMax Politics

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Kim Jong Un’s train travel to Vietnam hidden by Chinese censors

North Korean leader Kim Jong Un’s journey to Vietnam remains shrouded in mystery despite state media announcing his travel plans.

That’s because the Chinese government has reportedly scrubbed its social media to remove discussions involving Kim’s route to Hanoi for his second summit with President Trump.

Kim hopped on his green-and-yellow armored train over the weekend to begin the roughly 60-hour journey from Pyongyang to Hanoi for the Feb. 27-28 summit, state media announced Sunday. The despot will most likely arrive at the Dong Dang railway station bordering China and Vietnam early Tuesday morning. His motorcade is then expected to drive another 105 miles to the Vietnam capital city.

On Weibo, the Chinese microblogging website equivalent to Twitter, Chinese censors appeared to remove all direct mentions of the North Korean leader and limited posts about road closures and train delays where Kim’s train is expected to pass through, AFP reported.

North Korean leader Kim Jong Un waves from a train before leaving Pyongyang Station, North Korea, for Vietnam. 

North Korean leader Kim Jong Un waves from a train before leaving Pyongyang Station, North Korea, for Vietnam.  (AP)

"Those watching Leader Kim's Changsha road situation, has he made it to Changsha yet?" one user wrote, according to AFP.

KIM JONG UN IMPERSONATOR DEPORTED FROM VIETNAM AHEAD OF 2ND TRUMP-KIM SUMMIT

"Changsha friends, are you ready? This train is so slow," another person commented. "Yesterday it arrived in Zhengzhou -- it's only now made it to Wuhan."

Some crafty users avoided being censored by referring to the despot as “Boss Kim” or “Little brother Kim.” Posts that used certain keywords and hashtags such as “Zhengshou road closures” were blocked on the site. "Changsha road closures" searches also came up empty, AFP reported.

A video posted on Weibo showed a train like the one Kim is traveling in passing through Wuhan in Central China’s Hubei province. One user wrote that the Monday morning rush hour -- when Kim’s train supposedly passed through the city -- was “truly miserable.”

A train, center, similar to ones seen during previous visits to China by North Korean leader Kim Jong Un is seen at Changsha station in central China's Hunan province, Monday.

A train, center, similar to ones seen during previous visits to China by North Korean leader Kim Jong Un is seen at Changsha station in central China's Hunan province, Monday. (AP)

Kim on Saturday was accompanied by Kim Yong Chol, who has been a key negotiator in talks with the U.S., and Kim Yo Jong, the leader's sister, the North's official Korean Central News Agency reported. The train that reportedly travels a speed of 35 miles per hour will cover nearly 2,500 miles by the time it reaches the railway station bordering Vietnam.

TRUMP, KIM JONG UN'S SINGAPORE SUMMIT: 5 AGREEMENTS THE LEADERS MADE DURING THEIR FIRST MEETING

The People's Committee in Lang Son province, where the Dong Dang railway station is located, issued a statement Friday instructing the road operator to clean the highway stretch and suspend road works, among other things, on Feb. 24-28 as "a political task."

In this Saturday, Feb. 23, 2019, photo, a train similar to ones seen during previous visits to China by North Korean leader Kim Jong Un leaves Dandong Station in northeastern China's Liaoning Province.

In this Saturday, Feb. 23, 2019, photo, a train similar to ones seen during previous visits to China by North Korean leader Kim Jong Un leaves Dandong Station in northeastern China's Liaoning Province. (AP)

Vietnam also announced there will be a complete ban of all vehicles on the 105-mile stretch of Highway One from Dong Dang to Hanoi from 6 a.m. to 2 p.m.

Rumors of Kim’s travel plans began last week and some speculated he would opt for his state jet, codenamed “Chammae-1,” which would cut his travel time to about 13 hours.

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Kim traveled to Singapore in June for the first Trump summit using a Chinese charter plane with a Chinese flag displayed on the aircraft. Although he traveled by air for the first summit, Kim’s preferred travel method is by train — like his late father Kim Jong Il and grandfather Kim Il Sung. Kim’s father loathed flying and made all his trips abroad, almost all to China, by rail.

The Associated Press contributed to this report. 

Source: Fox News World

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The Latest: Police list actions of dad held in son's death

The Latest on a California father charged with the murder of his missing 8-year-old son (all times local):

3:45 p.m.

Police say a Southern California man charged with murder in the death of his 8-year-old son bought gloves, acid and drain cleaner two days after the boy's mother said she last saw him.

Corona police Detective Mario Hernandez wrote in a declaration filed Thursday that Bryce McIntosh bought the items March 4. That's the day he searched on his cellphone for "normal heart rate for 8 year old" and information about sodium hydroxide, which is corrosive and can dissolve flesh.

McIntosh was charged Thursday with the murder of his son Noah. The boy's body has not been found. It's not known if he has a lawyer.

Police say Jillian Godfrey initially told police she saw her son March 4, but she later said it actually was two days earlier and that McIntosh had taken the boy into the bathroom where her son asked his father why he was hurting him.

Corona is about 40 miles (64 kilometers) east of Los Angeles.

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10:40 a.m.

A California man jailed on a child abuse charge has been charged with the murder of his missing 8-year-old son.

Riverside County District Attorney Mike Hestrin said Thursday 32-year-old Bryce McIntosh was charged with first-degree murder with the special circumstance of torture in the death of Noah McIntosh.

Police in the city of Corona say they are still looking for the boy but found evidence in searches in Riverside County that he was killed.

Police say the boy's mother reported she couldn't reach him more than two weeks ago. Authorities say they searched the father's home and arrested him and the mother for investigation of child abuse.

Community residents held a vigil this weekend for the boy.

It's not immediately clear if the father has a lawyer.

Source: Fox News National

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Economic Slowdown Confirmed: Here Are 14 Very Alarming Numbers That Reveal The Current State Of The Economy

The economic numbers just continue to get worse and worse, and at this point it has become exceedingly clear that an economic slowdown is happening.

In fact, even the chair of the Federal Reserve is using the term “slowdown” to describe what is taking place.  But of course many are still hoping that the U.S. economy can pull out of this slump and avoid the sort of crippling recession that we experienced in 2008.  Unfortunately, that may be really tough because the entire global economy is slowing down right now.  Our world is more interconnected than ever before, and what happens on one side of the planet is invariably going to affect the other side of the planet.  Some parts of the globe are already mired in deep economic problems, and the U.S. appears to be following down the same path.

If you still think that the economy is in “good shape”, please read over the following list very carefully.

The following are 14 very alarming numbers that reveal the true state of the economy…

#1 Continuing jobless claims are rising at the fastest pace in 10 years.

#2 U.S. businesses are adding jobs at the slowest pace in 18 months.


Infowars reporter Rob Dew @DewsNewz points out the Twitter is allowing Islamic wife beating instructional video while hypocritically removing Alex Jones for false reasons.

#3 General Motors, Ford, Nissan and Fiat Chrysler all reported sales declines of at least 5 percent on a year over year basis in March.

#4 Tesla vehicle deliveries were down a whopping 31 percent during the first quarter of 2019.

#5 U.S. consumer confidence fell more than 7 points in March.

#6 Manhattan real estate sales have now fallen for six straight quarters.  That is the longest losing streak in 30 years.

#7 London real estate sales just dropped by the most we have seen in 10 years.

#8 The owner of Kay, Zales and Jared jewelers just announced that they will be closing 150 stores.

#9 Retail layoffs are 92 percent higher than they were at this time last year.

#10 U.S. freight shipment volume has fallen for three months in a row.

#11 The inventory to sales ratio in the United States has risen sharply for five months in a row.

#12 At this point, almost half of all renters in America spend more than 30 percent of their incomes on rent.

#13 The real median net income for Minnesota farmers was only $26,055 in 2018, and that was before many of them were absolutely devastated by the recent flooding.

#14 Overall, U.S. economic numbers are off to their worst start for a year since 2008.

We didn’t see economic numbers like this last year.

But now things have clearly changed.  It is starting to feel more like 2008 with each passing day, and this is a point that Mac Slavo made in his most recent article

The signs of yet another economic recession are everywhere. In fact, it seems hard to find any positive economic news anymore, even though a mere few months ago, it was difficult to find a report signaling the United States might be headed for some turmoil.

These days, many people get offended at the thought that the U.S. economy is heading for trouble.  But the truth is that we have been heading for trouble for a very long time.

Our economy is built on a foundation of sand.  More specifically, we have borrowed our way into “prosperity”.

The other day, I wrote an article about our $22,000,000,000,000 national debt.  It is the biggest single debt in the history of the world, and we continue to add to it at a rate that is absolutely insane.  In fact, our 234 billion dollar deficit in Februarybroke the all-time record for a single month.  If we continue to do this, there is no way that our story ends well.

But that 22 trillion dollar debt is only a fraction of our overall debt.

When you add up all forms of debt in the United States, it comes to a grand total of more than 72 trillion dollars.  And that doesn’t even include a single dollar of our unfunded liabilities on the federal, state and local level.

When Ronald Reagan took office, the total amount of debt in the U.S. was less than 5 trillion dollars.

When historians look back on this time in history, they will not be surprised that our society ultimately collapsed.  What will surprise them is that it took so long for it to do so.

Sometimes I get criticized for urging people to get prepared.  But those that really deserve the criticism are those that are assuring everyone that everything is going to be just fine.  If we got the smartest minds in the entire country together and treated this like a major national emergency, perhaps we could find a way to engineer some sort of a soft landing when this debt bubble bursts.

But as it stands, there is no plan and our long-term problems get worse with each passing day.  Our economy is headed for a crash of epic proportions, and it isn’t going to matter who is in power in Washington when it happens.

And at the rate that our economy is currently slowing down, America may become an economic horror show a lot sooner than many people had anticipated.

Source: InfoWars

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FILE PHOTO: Customers shop in a Sainsbury's store in Redhill
FILE PHOTO: Customers shop in a Sainsbury’s store in Redhill, Britain, March 27, 2018. REUTERS/Peter Nicholls/File Photo

April 26, 2019

By James Davey

LONDON (Reuters) – With Sainsbury’s dream of creating Britain’s biggest supermarket group in tatters, its chastened CEO Mike Coupe needs to reassure investors he has the plan to arrest a sales decline when he presents annual results next week.

Britain’s competition regulator blocked Sainsbury’s 7.3 billion pound ($9.4 billion) takeover of Walmart’s Asda on Thursday, saying the deal would increase prices. Sainsbury’s shares fell 5 percent and are down 22 percent over the last three months.

For Sainsbury’s fourth quarter to March 9 analysts are on average forecasting a 1.6 percent fall in like-for-like sales, which would follow 1.1 percent decline over the Christmas period.

Monthly industry data from researcher Kantar has also shown Sainsbury’s as the weakest performer of the big four grocers this year and this month it lost its status as Britain’s No. 2 supermarket group by market share to Asda.

While Sainsbury’s has struggled, market leader Tesco has gained momentum, this month reporting a 34 percent jump in full year profit.

Prohibition of the deal was a major blow to Coupe, its architect and Sainsbury’s boss since 2014.

Martin Scicluna became Sainsbury’s chairman last month and when bedded-in may decide that if the group needs a major shake-up it is best carried out by a new leader.

Much will depend on the attitude of 22 percent shareholder the Qatar Investment Authority, which has so far declined to comment, as well as Coupe’s own appetite to continue after 15 years at the group.

THE RIGHT STRATEGY?

Coupe said on Thursday he was confident Sainsbury’s was pursuing the right strategy.

That was a clear indication that Wednesday’s results statement will not include radical changes to the group’s plans, such as a big margin reset — sacrificing profit to drive sales.

However, sources connected to Sainsbury’s said Coupe would likely acknowledge that more needs to be done on prices, so the supermarket business can better compete with its big four rivals – Tesco, Asda and No. 4 Morrisons – as well as German-owned discounters Aldi and Lidl.

Coupe’s strategy is based on differentiating Sainsbury’s food offer, growing its general merchandise, clothing business and bank, while investing in convenience and online channels.

Some analysts believe major change is needed.

HSBC analyst David McCarthy reckons Sainsbury’s needs a margin reset, should allocate more space for core lines and needs to drive better store standards. He said Sainsbury’s might consider closing down space in some of its larger stores and reducing its non-food offer.

For the full 2018-19 year analysts are on average forecasting a pretax profit of 626 million pounds, up from 589 million pounds in 2017-18 – a second straight year of profit growth. A full year dividend of 10.5 pence per share is forecast versus 10.2 pence last time.

Bank and lawyer fees related to the proposed combination with Asda were 17 million pounds in the first half and have reportedly jumped to around 50 million pounds.

(Reporting by James Davey; Editing by Keith Weir)

Source: OANN

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FILE PHOTO: FILE PHOTO: A Canadian dollar coin commonly known as the
FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, Ontario, Canada, January 23, 2015. REUTERS/Mark Blinch/File Photo/File Photo

April 26, 2019

OTTAWA (Reuters) – Canada posted a budget surplus in the first 11 months of the 2018/19 fiscal year compared to a deficit the year earlier as revenues increased mostly on higher tax incomes, the finance department said on Friday.

The surplus for April-February was C$3.1 billion, compared to a deficit of C$6 billion in the same 2017/18 period. Revenues climbed by 8.5 percent, mainly due to higher tax receipts, while program expenses rose by 4.8 percent.

The surplus for February was C$4.3 billion compared with C$2.8 billion in February 2018. Revenues jumped by 12.2 percent while program expenses posted a more modest 6.9 percent gain.

Last month, the Liberals unveiled their new budget, projecting a C$14.9 billion deficit in 2018/19, with the deficit rising to C$19.8 billion in fiscal 2019/20.

(Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama)

Source: OANN

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President Trump said Friday he would beat Joe Biden “easily” in the 2020 presidential election, suggesting the former vice president could not have enough “energy” to hold the post—taking an apparent swipe at his age.

The president, departing the White House, was asked about Biden’s entrance into the Democratic primary field. Biden announced his presidential bid early Thursday morning, marking his third attempt at the White House.

JOE BIDEN OFFICIALLY LAUNCHES 2020 PRESIDENTIAL BID

“I think we’d beat him easily,” Trump told reporters Friday.

Trump, 72, said he feels “young” and is ready for 2020, and another term for his administration.

“I feel like a young man. I am a young, vibrant man,” Trump said. “I look at Joe, I don’t know about him.”

The president’s comments seemingly were a shot at the age of Biden, who is 76.

BIDEN ENTERS WHITE HOUSE RACE WITHOUT OBAMA’S ENDORSEMENT

“I would never say anyone’s too old,” Trump said. “I know they’re all making me look very young both in terms of age and in terms of energy.”

Biden became the 20th candidate to join the crowded Democratic primary field Thursday. But Biden is not the oldest in the pack. Sen. Bernie Sanders, I-Vt., is 77 and Sen. Elizabeth Warren, D-Mass., is 69.

Should Trump be re-elected, he would be 74 on Jan. 20, 2021—Inauguration Day. Should the presidency go to one of the elder Democrats in the field—Biden would be 78; Sanders would be 79; and Warren would be 71.

Meanwhile, in a wide-ranging interview on “Hannity” Thursday night, Trump dismissed Biden’s candidacy, nicknaming him “Sleepy Joe,” and saying he’s “not the brightest bulb.” Trump also said that while the former vice president has name recognition, he won’t “be able to do the job.”

Source: Fox News Politics

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Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas
Venezuela’s Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela April 8, 2019. REUTERS/Manaure Quintero

April 26, 2019

WASHINGTON (Reuters) – The U.S. Treasury Department on Friday imposed sanctions on Venezuela’s foreign minister and a Venezuelan judge, according to a statement on the department’s website.

Foreign Minister Jorge Arreaza and a judge, Carol Padilla, were targeted over the ongoing crisis in Venezuela, the Treasury Department said, the latest in a list of officials blacklisted by U.S. authorities for their role in President Nicolas Maduro’s government.

(Reporting by Susan Heavey, Makini Brice and Lesley Wroughton; Editing by Chizu Nomiyama)

Source: OANN

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Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

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