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Israel’s Netanyahu appears headed toward 5th term as PM

Benjamin Netanyahu appears headed toward a historic fifth term as Israel's prime minister, with close-to-complete unofficial election results giving his right-wing Likud and other nationalist and religious parties a solid majority in parliament.

The outcome affirmed Israel's continued tilt to the right and further dimmed hopes of a negotiated solution to the Israeli-Palestinian conflict.

Re-election will give Netanyahu an important boost as he braces for the likelihood of criminal charges in a series of corruption scandals.

With 97.4% of the vote counted Wednesday, Likud and its natural political allies commanded a 65-55 majority in parliament. However, the country now faces what could be weeks of political negotiations over the composition of a ruling coalition.

Netanyahu had fought a tight race against centrist ex-army chief Benny Gantz.

Source: Fox News World

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Man, 74, in critical condition after seemingly unprovoked crossbow shooting in Wales

British police said Friday an elderly man fixing his home’s satellite dish in an “idyllic and remote” location in Wales was shot with a crossbow in a seemingly unprovoked attack.

North Wales police were called to the 74-year-old victim’s home in Holyhead around 12:30 a.m. He was critically injured. His assailant's identity and motive remain a mystery.

SURVEILLANCE FOOTAGE SHOWS FAKE DELIVERY MAN WHO SHOT WOMAN WITH CROSSBOW

“This elderly member of our community has received horrendous, life-changing injuries as a result of this incident its motive for which remains completely unknown,” Detective Chief Inspector Brian Kearney said.

The man was struck when he went outside to fix the satellite dish, Kearney said.

An ambulance took him to the hospital where he was in critical condition.

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"North-west Wales and Anglesey remains one of the safest parts of the U.K.," the BBC quoted Kearney as saying. “Incidents of this nature are extremely rare and we and determined to find out who has done this."

Source: Fox News World

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Bank of Canada says low rates still merited but growth should improve

FILE PHOTO: Bank of Canada Governor Stephen Poloz speaks during a news conference in Ottawa
FILE PHOTO: Bank of Canada Governor Stephen Poloz speaks during a news conference in Ottawa, Ontario, Canada, January 9, 2019. REUTERS/Chris Wattie/File Photo

April 1, 2019

IQALUIT, Nunavut,(Reuters) – – Bank of Canada Governor Stephen Poloz said on Monday that the economic outlook continues to warrant an interest rate below the neutral range, but noted that recent data suggest that the period of slow growth will be temporary.

Speaking at a mining conference in Iqaluit, Nunavut, in Canada’s far north, Poloz said trade uncertainties are weighing on Canada and the global economy, which is not performing as well as was expected just a few months ago.

Despite the difficulties, he said there are clear indications that Canada is adjusting, noting the central bank can see many positive signs for the economy.

“Recent economic data have been generally consistent with our expectation that the period of below-potential growth will prove to be temporary,” Poloz said.

The Bank of Canada – which has hiked rates five times since July 2017 – stayed on the sidelines last month, warning there was “increased uncertainty” on the timing of future hikes. The next rate decision will be April 24.

(Reporting by John Thompson in Iqaluit, writing by Julie Gordon in Ottawa, editing by Steve Scherer)

Source: OANN

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Gravesites of former President Gerald Ford, First Lady Betty Ford vandalized in Michigan, police say

Authorities in Michigan are asking for help in identifying two people captured on camera defacing the gravesites of former President Gerald R. Ford and former First Lady Betty Ford last week.

The Grand Rapids Police Department said on Facebook the incident happened around 4 p.m. on March 27 on the property of the Gerald R. Ford Presidential Library and Museum in Grand Rapids.

In surveillance footage released by police, a man and a woman can be seen arriving on the property on skateboards.

BODYCAM FOOTAGE SHOWS POLICE RESCUE OF DOG HANGING BY NECK OVER BALCONY: REPORT

After kicking the skateboards toward the site, the couple can be seen sitting on a wall while appearing to pry away the letters.

A man and woman who can be seen trying to pry off a letter at the gravesite of former President Gerald Ford and First Lady Betty Ford at the Gerald R. Ford Presidential Library and Museum in Grand Rapids, Michigan.

A man and woman who can be seen trying to pry off a letter at the gravesite of former President Gerald Ford and First Lady Betty Ford at the Gerald R. Ford Presidential Library and Museum in Grand Rapids, Michigan. (Grand Rapids Police Department)

The two suspects eventually took the letter "E" from the word "committed" off the wall of the burial site, where the phrase “Lives Committed to God, Country and Love” is inscribed along with the names of the Fords and the years they were born and died.

Museum officials told FOX17 they had to spend $400 to replace the stolen letter.

“The president and First Lady are interred here, this is a presidential grave site,” Museum Deputy Director Joel Westphal told FOX17. “There are not many presidential grave sites, we are one of only 14 presidential museums around the country.”

FLORIDA AUTHORITIES SEEKING DRIVER WHO ALLEGEDLY STOPPED FOR PERSON CROSSING, THEN HIT THEM WITH CAR

The former president died in December 2006 at the age of 93. The former first lady died in 2011, also at age 93.

Former President Gerald Ford and First Lady Betty Ford are interred at the Gerald R. Ford Presidential Library and Museum in Grand Rapids, Michigan.

Former President Gerald Ford and First Lady Betty Ford are interred at the Gerald R. Ford Presidential Library and Museum in Grand Rapids, Michigan. (Getty Images)

Museum officials said they hope the two suspects are soon found, and view the act as extreme vandalism. They are also looking into other legal action against the pair, FOX17 reported.

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Anyone with information about the suspects is asked to contact the Grand Rapids Police Department at 616-456-3836 or 616-456-3989 or Silent Observer at 616-774-2345.

Source: Fox News National

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Pinterest sets IPO price range between $15-$17 per share

FILE PHOTO: A Pinterest banner hangs on the facade of the NYSE in New York
FILE PHOTO: A Pinterest banner hangs on the facade of the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2017. REUTERS/Brendan McDermid/File Photo

April 8, 2019

(Reuters) – Image sharing website Pinterest Inc set a price range of $15 to $17 per share for its initial public offering of 75 million shares, as per a filing http://bit.ly/2OZLmYU with the U.S. Securities and Exchange Commission on Monday.

At the upper end of its target range, the company would be valued at $9 billion and could raise $1.3 billion in net proceeds.

Pinterest, which was valued at $12 billion in its last fundraising round in 2017, will list under the symbol “PINS” on the New York Stock Exchange.

Reuters had reported in January Pinterest could raise around $1.5 billion and that the IPO was likely to come in the first six months of 2019.

The company reported annual revenue of $755.9 million in 2018, up 60 percent from a year earlier. But it remains unprofitable even though its net loss narrowed to $62.97 million in 2018 from $130 million a year earlier.

The company will go public with a dual-class share structure to concentrate voting power with Class B shareholders, which include Co-founder, President and Chief Executive Officer Benjamin Silbermann.

(Reporting by John Benny and Aparajita Saxena in Bengaluru; Editing by Arun Koyyur)

Source: OANN

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UK parliament will have to look at other options if May pursues her Brexit deal: Labour

British PM May walks outside Downing Street in London
British Prime Minister Theresa May walks outside Downing Street, as she faces a vote on Brexit, in London, Britain March 13, 2019. REUTERS/Henry Nicholls

March 13, 2019

LONDON (Reuters) – If Prime Minister Theresa May presses on with her Brexit deal after lawmakers vote to delay Britain’s exit, parliament will have to look at other options, the opposition Labour Party’s Brexit spokesman Keir Starmer said on Wednesday.

Lawmakers are expected to be given a vote on Thursday on whether they want to seek an extension to the Article 50 negotiation period. The EU have said any extension would need a purpose.

“She will have to make decision of whether that is the point at which she drops her red lines and her blinkers and opens up the debate to other options,” Starmer told parliament.

“If she presses on with her own deal I think we still have to go on and look at other options and get a common purpose.”

(Reporting by Elizabeth Piper, Writing by Kylie MacLellan; editing by William James)

Source: OANN

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‪CA Proposes a Carbon Tax to Replace Sales Tax‬

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California lawmakers are proposing replacing California’s sales tax with a “carbon tax” based on the “carbon intensity” of specific products. The bill, SB 43 by Sen. Ben Allen (D-Santa Monica) would require the State Air Resources Board, in consultation with the California Department of Tax and Fee Administration, to submit a report to the Legislature on the results of a study, to propose and to determine the feasibility and practicality of, a system to replace the tax imposed pursuant to the Sales and Use Tax Law with an assessment on retail products sold or used in the state based on the carbon intensity of the product to encourage the use of less carbon-intensive products.

“The goal is to use higher prices to influence Californians to purchase products in a way that is supposed to help reduce climate change,” reportedSarah Boot at the Cal Chamber.

CARB has long wished for a carbon tax, but the United States Commerce Clause always got in the way. The Commerce Clause limits a state’s ability to tax out-of-state persons, and mandates that Congress shall have the power to regulate interstate commerce. Because the power to regulate interstate commerce is granted to Congress, states may not enact laws that discriminate against or substantially interfere with interstate commerce.

Additionally, the dormant Commerce Clause, which says states may not enact laws that discriminate against or substantially interfere with interstate commerce, prevents a state from imposing border tax adjustments as part of its carbon tax. This is something the CARB has been working to find a way around. Several studies such as State-Level Carbon Taxes and the Dormant Commerce Clause: Can Formulary Apportionment Save the World? have been published on the CARB website to address ways to accomplish a carbon tax.

Sarah Boot, whose area of expertise at the Cal Chamber is Privacy and Tax, asks some pertinent questions:

• Who within CARB or the CDTFA will determine the “carbon intensity” of every single product sold or used in California?  Would it be a team of scientists?  Would companies around the country and the world have to send the CDTFA some sort of form assessing the “carbon intensity” of every single one of their products sold in California?  How will the CDTFA verify the accuracy of such information?  How will they enforce this new requirement here in California when so many products come from out of state or from another country?

• Assuming they can do this, how will they convey the specific carbon sales tax for every single product to retailers in this state?  Could they assign the different rates of carbon sales taxes to categories of products?  Or would this be unfair because two companies could produce the same type of product with significantly different carbon intensities?

• What will be included in the determination of “carbon intensity”?   Some of the factors contributing to “carbon intensity” can include the amount of fuel combusted, the number of animals used, certain industrial processes, and distances traveled.  What else?

• What will be the impact of assessing a carbon sales tax based – in part – on how far a product must travel to get to our state?  If the same company produces a product in two different states, one closer to California than the other, will that same product from the same company have two different prices?    Will the distance to each local jurisdiction in our large state be part of the “carbon intensity” measurement?  For example, if a product is manufactured in Oregon and sold in San Diego, will it have a different “carbon intensity” measurement than the same product sold in Sacramento?

• How will the carbon sales tax impact lower income Californians?  Will there be some Californians who don’t have many options when trying to buy products with a lower “carbon intensity?”  Will it impact their ability to buy meat and dairy products, including milk and formula?  Will it increase the cost of their utilities and driving?  Will their cost of living go up?

• Per SB 43, the carbon sales tax has a goal of revenue neutrality.  Yet, if the carbon sales tax is successful at getting consumers to stop purchasing products with higher carbon emissions, via their higher tax rates, wouldn’t revenue ultimately be diminished?

• California’s sales and use tax is one of the state’s most stable forms of revenue.  How would a carbon sales tax impact budget volatility?

SB 43 will require the California Air Resources Board and the California Department of Tax and Fee Administration, to submit a report to the legislature by 2021.

The Carbon Tax Center reports on carbon taxes that have been enacted or proposed around the world, including in:

  • United Kingdom
  • Ireland
  • Australia
  • Chile
  • Sweden
  • Other Nations (including Finland, Great Britain, and New Zealand)

A great deal of pressure is being applied on the United States to join in, but so far, President Donald Trump’s administration has been resistant. California, on the other hand, has taken a go-it-alone approach under former Governor Jerry Brown, partnering with Oregon, Washington and British Columbia forming an illegal compact when they signed the Pacific Coast Action Plan on Climate and Energy, “to align climate change policies and promote clean energy.”

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

Source: OANN

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2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

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FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

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Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

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