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Criticism mounts of Trump pick for U.S. Federal Reserve

FILE PHOTO: FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File Photo/File Photo

April 12, 2019

By Pete Schroeder and Howard Schneider

WASHINGTON (Reuters) – Potential Federal Reserve board nominee Stephen Moore, picked by U.S. President Donald Trump, faced new criticism on Friday, with Democratic Senator Elizabeth Warren accusing him of lacking competencies to serve in that role.

Economists and other critics have expressed concerns about Moore, a conservative economic commentator, and another Trump loyalist nomination to the Fed’s Board of Governors, serving on the traditionally nonpartisan central bank.

Warren, a Democrat who is running to challenge Trump in the 2020 election, said Moore had “a long history of making wildly inaccurate claims about economic policy that appear to serve political ends.”

“Americans should be able to trust that policymakers … have some command over basic mathematical and economic concepts and allegiance to facts,” she wrote in a letter to Moore.

Warren cited examples where Moore’s economic commentary appeared in conflict with other research or Moore’s earlier stances. She included a multiple-choice questionnaire asking if he still held prior views, including describing himself as “not an expert on monetary policy.”

Moore did not immediately respond to an email seeking comment.

Moore, and fellow Trump nominee Herman Cain, a former restaurant chain executive, are battling for the two vacant seats on the Fed’s Board of Governors, positions that would give them a say for years on interest-rate policy and bank regulation.

Analysts say Moore has at times sounded like a “hard money” advocate. In 2015, he said that the Fed’s crisis-era polices were “cheapening our dollar … We have got to get rid of the Federal Reserve and move toward a gold standard in this country.”

The dollar in 2015 was in the middle of a six-year rise in value against a basket of foreign currencies. Moore now says he wants to cut interest rates, which would generally weaken the currency.

He has also said he changed his mind about the gold standard and advocated tying Fed policy to a commodity index, which he said former Chairman Paul Volcker used to tame inflation. Volcker did not use such a rule.

Warren sent a separate letter to Cain, a former Republican presidential candidate, also describing him as unsuitable for the post.

Cain’s potential nomination appears to be in trouble, as multiple Republican senators, whose votes he would need for confirmation, have already said they would oppose him.

Neither nomination has been formally sent to the Senate but Trump has said he will put their names forward.

(Reporting by Pete Schroeder, Howard Schneider and Trevor Hunnicutt; Editing by Susan Thomas)

Source: OANN

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NHL roundup: Lightning stun Bruins, step closer to history

NHL: Boston Bruins at Tampa Bay Lightning
Mar 25, 2019; Tampa, FL, USA;Tampa Bay Lightning center Anthony Cirelli (71) celebrates as he scores the game winning goal against the Boston Bruins during the third period at Amalie Arena. Mandatory Credit: Kim Klement-USA TODAY Sports

March 26, 2019

Anthony Cirelli scored the game-winner with 53 seconds left, Steven Stamkos tallied twice in a four-point game, and the host Tampa Bay Lightning rallied past the Boston Bruins 5-4 on Monday night.

Cirelli scored his 18th goal just as a late power play ended, completing Tampa Bay’s third-period comeback from a 4-2 deficit in a battle between the Eastern Conference’s top two teams.

Victor Hedman had a goal and an assist, and Nikita Kucherov also scored for the Lightning, who have won 10 of 12 and improved to 20-4-0 against Atlantic Division foes.

The win was the 59th of the season for Tampa Bay, marking the fourth time a team has reached that plateau in a single season. The Lightning need three wins in their final five games to equal the 1995-96 Detroit Red Wings for the most in a single season in NHL history.

Maple Leafs 7, Panthers 5

John Tavares had his first career four-goal game to reach a career-best 45 for the season as Toronto held on to defeat visiting Florida.

Zach Hyman added a goal and two assists while Patrick Marleau and Jake Muzzin also scored for the Maple Leafs. Mitch Marner added three assists, and William Nylander had two. Frederik Andersen made 31 saves for the Maple Leafs.

Jayce Hawryluk and Jonathan Huberdeau each scored twice for the Panthers, and Michael Matheson added a goal.

Stars 5, Jets 2

Dallas erupted for three goals in a five-minute span of the second period, powering a win at Winnipeg to snap a two-game losing streak.

The victory allowed the Stars to increase their lead for the first wild-card in the Western Conference to three points over the Colorado Avalanche and five points over the Minnesota Wild and Arizona Coyotes. Dallas has six games to play in the regular season.

Radek Faksa and Tyler Seguin each produced two-goal games for the Stars, who also got a tally from Esa Lindell. Kyle Connor and Patrik Laine responded for the Jets.

Predators 1, Wild 0

Ryan Johansen’s short-handed goal early in the first period was all the offense Nashville could garner, but also all that it needed in a victory at Saint Paul, Minn.

Predators goalie Juuse Saros made 29 saves for his third shutout of the season. Nashville snapped a modest two-game losing skid and clinched its fifth straight playoff berth.

The Predators are within two points of division leading Winnipeg and two points ahead of third-place St. Louis, though both teams have a game at hand on Nashville.

Blues 3, Golden Knights 1

Zach Sanford had a goal and an assist, and Jordan Binnington made 24 saves to lead St. Louis past visiting Vegas for its fourth straight victory.

Ryan O’Reilly and Ivan Barbashev also scored goals for the Blues, who improved to 26-9-4 since Jan. 1, the best record in the Western Conference during that span.

It was the fifth straight victory for Binnington, who improved to 21-4-1 in his rookie season. The Blues also completed a three-game sweep of the Golden Knights in their regular-season series. William Karlsson scored a power-play goal for Vegas.

Penguins 5, Rangers 2

Matt Cullen scored the tiebreaking goal in the second period, and rookie Teddy Blueger scored twice as Pittsburgh scored five unanswered goals to win at New York.

The Penguins won their third consecutive game and moved into a tie for second place in the Metropolitan Division with the New York Islanders. Justin Schultz also had two goals for Pittsburgh, and Nick Bjugstad scored.

Matt Murray made 33 saves and improved to 6-0-0 lifetime against the Rangers in the regular season. He also improved to 8-2-2 in his past 12 starts. New York got goals from Brendan Lemieux and Vinni Lettieri.

Kings 3, Flames 0

Derek Forbort’s first-minute goal held up as the winner, as visiting Los Angeles rode a 42-save shutout by Jack Campbell to a victory over Calgary.

The Kings, who sit last in the Western Conference and have long since been eliminated from playoff contention, have won three consecutive games. Jonny Brodzinski and Tyler Toffoli scored for Los Angeles in the third period.

Calgary saw its three-game winning streak end in inglorious fashion. The Flames lost an opportunity to ensure having home-ice advantage in the first round of the playoffs, but they remain atop the conference.

Red Wings 3, Sharks 2

Dylan Larkin scored in the opening minute, Jonathan Bernier made 39 saves, and visiting Detroit defeated slumping San Jose.

Andreas Athanasiou and Christoffer Ehn also scored for Detroit, which has won four of its past five games.

The Sharks have lost six straight for the first time since March 2017. Evander Kane and Tomas Hertl scored the goals for San Jose, which won six consecutive games prior to the slide. Martin Jones made 20 saves.

Devils 3, Sabres 1

Pavel Zacha scored the go-ahead goal on the power play in the third period, and Cory Schneider made a season-high 45 saves as New Jersey skated to a victory over Buffalo in Newark, N.J.

Blake Coleman also scored with the man advantage, and Miles Wood added an empty-net goal for the Devils, who have won two in a row after losing 10 of their previous 12 (2-9-1).

Schneider has turned aside 79 of 81 shots to defeat Buffalo in both encounters this season. The 33-year-old’s lone blemish came in unconventional fashion, as Sam Reinhart scored from center ice in the first period.

–Field Level Media

Source: OANN

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New Mexico led US pecan production after storm hit Georgia

New Mexico became the national leader in pecan production last year after Hurricane Michael struck down large swaths of Georgia's crop, new U.S. Department of Agriculture numbers show.

New Mexico produced about 90 million pounds of pecans in 2018 compared to Georgia's 56 million, the Carlsbad Current-Argus reports .

Georgia, traditionally the largest pecan-producing state, saw its crop crippled by the storm, cutting production by almost half from 107 million pounds.

Lenny Wells, associate professor of Horticulture with a focus on pecans at the University of Georgia, said 17 percent of the state's pecan acreage was lost to the storm.

Georgia lost about $100 million in pecan crops, $260 million in trees, and up to $200 million in future income, Wells said.

"We had some pretty severe devastation," Wells said.

The storm landed in the Florida panhandle on Oct. 10 and quickly moved into Georgia's southwest corner with winds up to 125 mph.

It proceeded into the state with winds sustained at about 100 mph.

Hurricane Michael was the first Category 3 storm to impact Georgia since the 1890s, the National Weather Service reported.

In 2017, about 97 percent of New Mexico's 90 million pounds of pecans were produced in five of its 33 counties, according to the most recent data from the USDA's New Mexico Annual Bulletin.

About 73 percent of the statewide crop came from Doña Ana County, with Eddy County producing about 11 percent.

Records show Texas and Arizona ranked third and fourth in production.

New Mexico reported a growth of almost 50 million pounds in the past decade from 43 million pounds in 2008.

___

Information from: Carlsbad Current-Argus, http://www.currentargus.com/

Source: Fox News National

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Peru’s former president Kuczynski ordered to 10 days in jail: judicial resolution

Police officers stand outside the house of Peru's former President Pedro Pablo Kuczynski after a judge ordered Kuczynski to ten days in jail in connection with a money-laundering investigation, in Lima
Police officers stand outside the house of Peru's former President Pedro Pablo Kuczynski after a judge ordered Kuczynski to ten days in jail in connection with a money-laundering investigation, in Lima, Peru April 10, 2019. REUTERS/Guadalupe Pardo

April 10, 2019

LIMA (Reuters) – A judge ordered Peru’s former president Pedro Pablo Kuczynski to 10 days in jail in connection with a money-laundering investigation, according to a judicial resolution.

Police officers were standing by outside Kuczynski’s home in Lima’s financial district, a Reuters witness said.

Kuczynski could not immediately be reached for comment. He has previously denied any wrongdoing in a case related to Brazilian construction company Odebrecht, which has admitted to bribing politicians across Latin America.

(Reporting By Mitra Taj and Guadalupe Pardo; Editing by Chizu Nomiyama)

Source: OANN

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ECB determined to push forward its payment system: Mersch

Mersch, Member of the Executive Board of the European Central Bank delivers a speech during Lamfalussy Lectures Conference in Budapest
Yves Mersch, Member of the Executive Board of the European Central Bank delivers a speech during Lamfalussy Lectures Conference in Budapest, Hungary, February 4, 2019. REUTERS/Bernadett Szabo

February 26, 2019

BRUSSELS (Reuters) – The European Central Bank is “determined” to push forward an instant payment system it launched last year through regulatory moves if the service failed to spread through collaboration with the industry, ECB board member Yves Mersch said on Tuesday.

“We will do it either through our collaborative, cooperative efforts together with the industry or we will do it through our regulatory capacity,” Mersch told a fintech conference in Brussels.

The ECB’s TARGET Instant Payment Settlement (TIPS) system will let people and companies in Europe transfer euros to each other within seconds and regardless of the opening hours of their local bank.

This is seen as a direct challenge to U.S. firms like PayPal, Google, Facebook and Amazon, and China’s Alibaba and Tencent which currently dominate such services in Europe.

(Reporting by Francesco Guarascio)

Source: OANN

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Boeing shares fall again after probe report into FAA approval of 737 MAX

FILE PHOTO: The company logo and trading informations for Boeing is displayed on a screen on the floor of the NYSE in New York
FILE PHOTO: The company logo and trading informations for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. REUTERS/Brendan McDermid/File Photo

March 18, 2019

(Reuters) – Boeing Co shares fell by more than 2.2 percent early on Monday, after a pair of newspaper reports over the weekend raised more questions about the certification process for its 737 MAX jets before two recent deadly crashes.

A Wall Street Journal report on Sunday said that the U.S. Transportation Department was probing the Federal Aviation Administration’s (FAA) approval of the 737 MAX and in particular its anti-stall (MCAS) system.

The Seattle Times separately reported that Boeing’s safety analysis of a new flight control system on 737 MAX jets had several crucial flaws.

Shares of the company have declined about 10 percent since the March 10 Ethiopian crash that killed 157 people, wiping nearly $25 billion off its market capitalization, according to Refinitiv data.

Ethiopia said on Sunday that the crash of the Ethiopian Airlines plane had “clear similarities” with October’s Lion Air crash.

The U.S. Transportation Department’s inquiry, which was launched in the wake of the accident in October that killed 189 people, has warned two FAA offices to safeguard computer files, the WSJ reported.

Last Monday, Boeing said it would deploy a software upgrade to the 737 MAX 8, hours after the FAA said it would mandate “design changes” in the aircraft by April.

(Reporting by Sanjana Shivdas in Bengaluru; Editing Patrick Graham, Bernard Orr)

Source: OANN

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Barr to release Mueller report ‘within a week’

U.S. Attorney General Barr testifies on the Justice Department budget before House Appropriations Subcommittee hearing on Capitol Hill in Washington
U.S. Attorney General William Barr arrives to testify on the Justice Department’s budget proposal before a House Appropriations Subcommittee hearing on Capitol Hill in Washington, U.S., April 9, 2019. REUTERS/Aaron P. Bernstein

April 9, 2019

WASHINGTON (Reuters) – U.S. Attorney General William Barr said on Tuesday he expected to release next week the public version of Special Counsel Robert Mueller’s report on whether President Donald Trump’s campaign worked with Moscow to influence the 2016 election.

“Within a week I will be in position to release that report to the public and then I will engage with the chairmen of both judiciary committees about that report, about any further requests that they have,” Barr said during a House Appropriations Committee hearing.

(Reporting by Doina Chiacu; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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

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

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

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

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

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

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

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

— Elizabeth Warren

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

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

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

CLICK HERE TO GET THE FOX NEWS APP

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

Source: Fox News Politics

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said trade talks with China are going very well, as the world’s two largest economies seek to end talks with a trade agreement to defuse tensions.

Trump said on Thursday he would soon host China’s President Xi Jinping at the White House.

Earlier this week, the White House said that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer would travel to Beijing for more talks on a trade dispute marked by tit-for-tat tariffs between the two countries.

(Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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