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Navy drops charges against officers involved in fatal USS Fitzgerald collision

The U.S. Navy on Wednesday announced it will drop all criminal charges against two officers involved in the 2017 collision of the USS Fitzgerald that killed seven U.S. sailors, according to a press release.

Former commanding officer Bryce Benson and tactical action officer Lt. Natalie Combs no longer face criminal negligence charges stemming from the USS Fitzgerald’s collision with a commercial ship off the coast of Japan in June 2017, USNI News reported.

Benson and Combs were subsequently dismissed from their jobs and faced general courts-martial. The Navy said the decision to drop the charges “is in the best interest of the Navy, the families of the Fitzgerald Sailors, and the procedural rights of the accused officers.”

MISSING JAPANESE F-35 POSES MAJOR SECURITY HEADACHE FOR US IF IT FALLS INTO RUSSIAN OR CHINESE HANDS

Secretary of the Navy Richard V. Spencer will issue “letters of censure” to Benson and Combs, according to a letter that was sent to the families of the seven sailors who died in the collision. The censure “will publicly reprimand each officer for their actions commensurate with their respective levels of responsibility,” the letter reportedly said.

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The Navy said its “comprehensive program” to improve “readiness and training, to do everything possible to ensure that accidents like this will not recur, remains on track.”

Source: Fox News National

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Beleaguered California GOP Sees Path to Rebound in 2020

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CARLSBAD, Calif. -- In the days and weeks after California Republicans suffered staggering losses up and down the ticket last November, the party’s outlook for the future was anything but sunny.

Voter turnout across the state in 2018 set a record for a midterm election, which was not a good sign for the GOP. High voter participation traditionally benefits Democrats, and turnout across the state is all but certain to increase even more in the coming presidential campaign year.

Running as a Republican, especially now in President Trump’s long, overbearing shadow, has never been tougher in California, where two out of three voters either disapprove or downright despise the president.

Combined with the GOP’s anemic voter registration here, which last week slipped to a reported 23.5 percent -- five points behind “no-party preference” -- many state Republicans are preparing for another major blow in 2020.

A month ago, however, state party delegates may have avoided a complete death spiral by electing Jessica Patterson (pictured), an attractive millennial Latina, as the party chair, opting against unrepentant Trump acolytes Travis Allen and Steve Frank. Supporters applauded Patterson’s energetic pledge to unite and reorganize the party, though many still didn’t see a clear path forward.

But then national Democrats and the party’s leftward lurch, led by Reps. Alexandria Ocasio-Cortez, Rashida Tlaib and Ilhan Omar, started lighting the way.

“I am certainly more optimistic today than I was after the election and significantly more so,” said Stephen Puetz, a GOP campaign consultant with Axiom Strategies who previously served as chief of staff to San Diego Mayor Kevin Faulconer, a Republican re-elected in 2016 in the majority Democratic city. “We’re going to take back some of these House seats. I don’t know if we’ll take back six – but we’ll take back some.”

Puetz is fresh off an invigorating campaign win in a special election contest for an Orange County Board of Supervisors seat. Irvine Mayor Don Wagner defeated Loretta Sanchez, a well-known liberal former congresswoman.

The hard-fought victory in the once-Republican stronghold, which has been trending more liberal in recent years, was particularly gratifying for Puetz and other Republicans after Reps. Mimi Walters and Dana Rohrabacher, who have represented the county for decades in the state legislature and Congress, fell to Democratic challengers in November.

“Some California Republicans might have been concerned about the direction of the party [under Trump], but now they have seen the alternative and this push toward socialism – and it scares them, as it should,” Puetz told RealClearPolitics. 

California Freshmen Dems Fret Over Socialism Push

Republicans aren’t the only ones recoiling from national Democrats’ far-left turn. Newly elected California House Democrats from traditionally red districts, such as Katie Hill and Harley Rouda, now fear the socialist label could cost them re-election and swing the House majority back to the GOP.

Over the last week, some Democratic House freshmen have started lashing out against their brasher colleagues’ support for socialism, impeachment and the divisive Green New Deal.

Hill, who last November flipped a Los Angeles-area district that Republicans had held for decades, made it clear she’s not jumping on the Ocasio-Cortez bandwagon. “As we run up to this presidential [election], we need to show that Democrats, as a whole, are not socialists,” she told Politico last week. “We’re not pushing for impeachment without serious cause and serious evidence.”

Rouda, a businessman and former Republican who defeated 15-term Rep. Rohrabacher, also distanced himself from his freshman class’s far-left flank.

“I’d like to think that the Republican Party is not run by a bunch of folks that subscribe to be nationalists, like Steve King does,” he said, referring to the Iowa congressman who lost his committee seats after making controversial statements on white supremacy and nationalism. “So while Steve King’s views don’t represent the entire Republican Party, those on the far left of the Democratic Party do not represent the mainstream caucus.”

This open Democratic grousing is music to California GOP operatives’ ears.

 “[Speaker Nancy] Pelosi is not in control of her caucus, and she has got to figure out a way to rein in these three complete narcissists,” said Jason Roe, a Southern California-based Republican campaign strategist, referring to Ocasio-Cortez, Tlaib and Omar. “Any punishment that Pelosi can mete out is a victory for them. They are disrupters, and if they are being punished for disrupting, it’s exactly what they want. You can’t use traditional levers of power with them.”

Roe is telling his GOP clients running for office in California to “stay away from litigating Trump and start litigating AOC and the left – this is the gift that keeps on giving.”

Murphy: California GOP Must Tack Center-Right

Republicans shouldn’t get too excited about the Democratic clashes playing out on the national stage, according to Mike Murphy, one of the most high-profile and longest-serving GOP political consultants in the country.

Murphy acknowledged that national Democrats are making significant mistakes right now but cautioned that Pelosi still has time to straighten it all out before voters really start paying attention to the 2020 presidential election.

“Politics is very dynamic – and yes, Democrats may be stumbling around right now, but that doesn’t mean they are going to keep doing it and hand Trump the election,” said Murphy, an admitted Never-Trumper who has run more than 20 statewide or national campaigns, including Jeb Bush’s 2016 presidential, as well as gubernatorial races for Jeb Bush, Mitt Romney and Arnold Schwarzenegger. Murphy now co-directs the University of Southern California’s Dornsife Center for the Political Future, along with Democratic consultant Bob Shrum.

Republicans in California battlegrounds, he argued in an interview, should stop catering to GOP primary voters and instead distance themselves from Trump and tack to the center-right.

“[The party] needs to recruit younger candidates who look a lot more like Californians – Latinos and Asians – and become a brand known for kitchen-table economic issues that are attractive to small-business owners, where a lot of the jobs are created,” he told RealClearPolitics. “We need to be perceived as the party who has remedies for that – we need to get out of the issues surrounding hypersensitivity to immigration and [promoting] nativism and hostility” that’s perceived by the gay community and others.

“We need to align the message to be center-right, not totally responding to the cult of Trump, which resonates more with the primary voter. Making them happy makes sure you lose statewide,” he added.

Murphy supports Patterson, the newly elected GOP chairwoman, but says she faces a near-impossible task of rebuilding the party with Trump still in office, comparing the California GOP’s future to that of the Democratic Party’s seemingly permanent minority status in Utah.

“I think our best chances are in 2022, because I think [Trump] will lose” the presidential race, he predicted.

New GOP Chairwoman: One-Party Rule Is Failing California Voters

Unsurprisingly, Patterson threads the needle more carefully.

An experienced political operative who worked for former Gov. Schwarzenegger, 2010 gubernatorial candidate Meg Whitman and 2008 presidential candidate Rudy Giuliani, Patterson has set up extensive statewide political networks and worked closely with party donors. For the past few years she’s served as executive director of California Trailblazers, an organization that trains Republican candidates.

Patterson, 38, knows those candidates must reflect their districts to have any chance of winning. Indeed, the political makeup of GOP-leaning districts varies wildly throughout the state, from pro-Trump eastern San Diego County and parts of the Central Valley, to northern Los Angeles stretching into Ventura County where Latinos make up nearly 40 percent of the population and voters chose Hillary Clinton over Trump, 50 percent to 44 percent.

 “I was always the person in the race that was talking about uniting the party – I didn’t try to break the party into factions,” Patterson said. “We are all Republicans, and I would rather focus on the 90 percent of things we can agree on than the things that we don’t. So I will always be about addition, not subtraction, and growing and engaging more people.”

While Patterson is the first woman to run the state GOP, she doesn’t play the gender card even while stressing that her top priority will be broadening the party’s appeal beyond its base.

“Being a woman is just kind of a bonus,” she said.

During a lengthy interview, Patterson wasn’t critical of Trump but she also clearly didn’t want to tie the party too closely to him. She quickly deflected when asked if she supports the president’s signature campaign promise to build a border wall.

“I support border security,” said Patterson, whose paternal grandfather was born in Mexico. “Republicans and Democrats in Washington are going to have to get to an agreement on what they think that looks like.”

Pressed further, specifically regarding Trump’s declaration of a national emergency in order to fund the barrier, she said, “That’s something for the people in Washington, D.C., to hash out.”

As to whether the California GOP is going to campaign for the president’s re-election, she said Trump will be focused on winning swing states, not California, leaving Golden State Republicans to run highly localized races.

“The issues that are affecting Californians the most aren’t coming out of Washington, D.C. – they are the silly things that are coming out Sacramento … that will make your life less affordable and your schools worse and worse.”

California has the second highest gasoline tax in the nation; home prices are high because environmental and other regulatory red tape is stifling construction; groceries are more expensive than they would otherwise be because the state has over-regulated farming and the high gas taxes lead to higher transportation costs, she argued.

“Instead of fixing those problems, the Democrats are focused on plastic straws, reusable cups and plastic [grocery] bags,” she said. “When our education system has fallen to 47th in the nation, something is wrong. When we are the poverty capital of the entire country, something is wrong. What [Democrats] are doing is not working.”

Patterson went on to cite a February survey by Edelman Intelligence showing that 53 percent of all of Californians and 63 percent of millennials in the state think they’re going to have to leave because the state has become unaffordable.

“This has all happened under one-party rule in California,” she said.

Instead of banking on the socialist label to help flip seats back into Republicans hands, Patterson said the party is committed to building the infrastructure and outreach needed to compete for independents.

Still, she noted, federal Democratic lawmakers who have supported their Sacramento colleagues’ tax-and-spend policies for years can’t suddenly start casting themselves as sensible centrists.

“The opportunity for local Republican candidates to contrast their value and vision with Democrats is how we will regain seats and our standing,” Patterson said. “The good news is that Democrats in California and across the nation are singing from the same songbook, and they’re out of tune with middle-class families.”

“While they continue to take Californians for granted, we’ll be working overtime to earn their confidence,” she pledged.

Susan Crabtree is a veteran Washington reporter who has spent two decades covering the White House and Congress.

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Trafigura ships more Asian gasoline to Americas on new tanker

Trafigura logo is pictured in the company entrance in Geneva
Trafigura logo is pictured in the company entrance in Geneva, Switzerland March 11, 2012. REUTERS/Denis Balibouse/File Photo

March 28, 2019

By Seng Li Peng and Jane Chung

SINGAPORE (Reuters) – Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four industry sources who closely monitor petrol trade flows said on Thursday.

Although it is not uncommon for traders to use a brand new crude tanker of 150,000 deadweight tonnage (dwt) to ship clean fuels such as diesel, it is rare to use them for gasoline because of the sheer size.

“South America likely needs gasoline more than gasoil now. The recent fire in Texas would have prompted its buyers including South America to seek gasoline supply options outside of the U.S. Gulf Coast,” said a veteran oil products trader.

Ship tracking data from Refinitiv shows the ‘Marlin Seoul’ vessel is en route to Balboa in Panama from South Korea.

The Suezmax was delivered only this month and was built in South Korea by Hyundai Heavy Industries Co Ltd.

The ship is owned by Trafigura and is carrying more than 900,000 barrels of gasoline, one of the four sources said.

Marlin Seoul is expected to arrive in Balboa on April 21, while its Marlin Swan, which sailed off earlier from South Korea, is likely to reach Balboa around April 9, data from Refinitiv ship tracking shows.

Trafigura declined to comment on the fixtures.

Gasoline fundamentals have been strong across regions of Asia and Europe, especially in the United States with a string of refinery outages sharply reducing inventories in the Atlantic basin.

The Houston Ship Channel connecting Houston to the Gulf of Mexico was earlier affected by chemical spills, which led to Lyondell Basell Industries and Royal Dutch Shell curbing production this week.

But Lyondell Basell Industries is now preparing to raise production.

In Asia, gasoline crack hit more than a five-month high on March 22 at $7.68 a barrel before easing to $7.53 a barrel on Wednesday.

(Reporting by Seng Li Peng; Additional reporting by Jessica Jaganathan in SINGAPORE; Editing by Subhranshu Sahu)

Source: OANN

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Karl Rove On Mueller Report: ‘If There Was Collusion We Would Have Known About It’

David Krayden | Ottawa Bureau Chief

OTTAWA, CANADA — Karl Rove said Friday he’s not surprised that the Mueller report has apparently found no evidence of collusion between President Donald Trump and Russia.

The former senior adviser and deputy chief of staff to President George W. Bush was speaking to 2,000 people at the Manning Networking Conference that brings together Canada’s conservative politicians, political action committees and opinion leaders every year.

Karl Rove answers questions from the crowd at the Manning Networking Conference in Ottawa, Canada on March 22, 2019. Dailiy Caller photo by Janet Krayden

Karl Rove answers questions from the crowd at the Manning Networking Conference in Ottawa, Canada on March 22, 2019. The Daily Caller photo by Janet Krayden

Rove said if there had been any collusion between the Trump campaign and Russia, we would have known about it long before Robert Mueller, whom Rove described as being a “straight arrow.” (RELATED: White House Reacts To Mueller Report Release)

“Every campaign leaks … no campaign in my experience has leaked worse than the Donald Trump campaign: 2016 was like if you wanted to know who had gone to the restroom at 11 o’clock in the morning, somebody would tell you,” Rove quipped.

Rove, who is known as “The Architect” for having masterminded Bush’s election victories, reserved his harshest words for former FBI Director James Comey.

Former FBI director James Comey arrives at the Irish Film Institute for for a public interview in Dublin, Ireland June 22, 2018. REUTERS/Clodagh Kilcoyne

Former FBI director James Comey arrives at the Irish Film Institute for for a public interview in Dublin, Ireland June 22, 2018. REUTERS/Clodagh Kilcoyne

“Under U.S. law, [Comey] had no authority whatsoever to make the decision not to indict Hillary Clinton … He’s the head of the FBI. His job is to investigate and to make what’s called ‘a referral’ to the main Justice Department. He decided not to. Why? Because the attorney general of the United States was compromised by having met with William Jefferson Clinton on the tarmac in Phoenix. Well, fine. He should have referred it to the Justice Department. She should have said ‘I recuse myself.’”

Rove added that having decided not to charge Hillary Clinton, there was no point in then describing her email habits as “extremely careless.” (RELATED: New Emails Revealed By Judicial Watch Seem To Show More Classified Documents On Clinton’s Private Server)

When asked if he thinks the Mueller report will still hurt Trump’s chances for re-election, Rove said the ball is in the president’s court.

“I think it all depends upon how Trump reacts,” he said, suggesting that the chief executive should focus on his successful fiscal policies.

”Our economy is going to beat the band. We’ve got low unemployment, we’ve got wages growing faster than the economy, we’ve got more job openings than we’ve got job seekers, we’ve got the lowest unemployment rates for African-Americans since we began keeping the records by race in 1948 … ”

Rove said Trump has proven his economic critics wrong. “I love all these idiots who served in the previous administration who said, ‘Oh no, conservative economics will never achieve growth of three percent’… all these smart people who said, ‘That’s a fairy tale; it’s not going to happen.'”

“Well, welcome to fairytale land.”

Follow David on Twitter

Source: The Daily Caller

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The Latest: Hearing about missing boy’s brother continued

The Latest on the missing suburban Chicago 5-year-old boy (all times local):

7:20 p.m.

A custody hearing involving the brother of a missing suburban Chicago boy and their parents has been continued.

JoAnn Cunningham and Andrew Freund Sr., the parents of missing 5-year-old Andrew "AJ" Freund, appeared Tuesday in McHenry County Circuit Court. They are seeking custody of their 4-year-old son, Parker. He was taken into custody by the Illinois Department of Children and Family Services on Thursday after Andrew was reported missing by his parents.

A new attorney is expected to be appointed to the 4-year-old on Wednesday after a conflict of interest was found with the boy's current lawyer Tuesday.

The judge may determine who should have custody of the child on Monday.

Cunningham's attorney, George Kililis, said Tuesday that the state made numerous allegations in its petition that "requires a lot of work for us." He wouldn't comment further.

___

3:15 p.m.

Police reports indicate the 5-year-old boy who went missing from a suburban Chicago home had been living in squalor as recently as December when an officer dispatched to the scene said the "smell of feces" in a bedroom where children slept was overwhelming and that there was "dog feces and urine" throughout the home.

On Tuesday afternoon, the Crystal Lake Police Department released more than 60 pages of reports regarding several police visits to the home from which Andrew "AJ" Freund was reported missing last Thursday. The reports that were released in response to a Freedom of Information request are heavily redacted but the officers write that the house is "cluttered, dirty and in disrepair."

In one case, police called for state child welfare workers after an officer notices a large bruise on the body of one of the children but the children were not removed from the home after the case worker is unable to determine what caused the bruise.

Police on Tuesday continue the search for the boy. They have said the boy's mother has not cooperated with investigators.

___

12:15 p.m.

Police have released a recording of the 911 call a suburban Chicago man made when he discovered his 5-year-old son was missing.

In the call made last Thursday, Andrew Freund Sr. tells a dispatcher that he arrived home from a doctor's appointment to discover his son, Andrew "AJ" Freund, is gone. He says he searched the Crystal Lake house, garage, a park, and other locations but can't find him. Police released the recording Tuesday.

Crystal Lake police meanwhile announced they are still searching a nearby park and using sonar equipment to search ponds in the area. Police have asked neighbors for surveillance video in the hunt for clues about the boy's disappearance.

Police say they boy's mother, JoAnn Cunningham, is refusing to cooperate with detectives.

Source: Fox News National

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Malaysian state palm oil firm Felda seeks $1.5 billion government bailout: Bloomberg

FILE PHOTO: A woman walks past a logo of Felda in Kuala Lumpur
FILE PHOTO: A woman walks past a logo of Felda in Kuala Lumpur, Malaysia February 7, 2018. REUTERS/Lai Seng Sin/File Photo

April 9, 2019

KUALA LUMPUR (Reuters) – Malaysia’s state palm oil plantation agency, the Federal Land Development Authority, is seeking 6 billion ringgit ($1.5 billion) from the government to help turn itself around, Bloomberg reported on Tuesday.

The request will be included in a white paper on the company scheduled to be introduced in parliament on Wednesday, Bloomberg reported, citing a source. If approved, the funds would be paid out in stages, the report said.

Felda, as the state-owned company is known, has been struggling to pay down debt amid financial losses and corruption allegations.

The government of Mahathir Mohamad, who came to power last year after defeating Malaysia’s longtime ruling coalition, had vowed to look into Felda’s financial troubles and alleged graft.

Felda and Malaysia’s Ministry of Economic Affairs, which is preparing the white paper, did not respond to requests for comment on the Bloomberg report.

Finance Minister Lim Guan Eng told reporters on Tuesday the government had to support Felda as the previous government had caused “huge losses”. He did not elaborate.

Felda was set up to help palm oil farmers, who work for the agency, and also has a one-third stake in FGV Holdings Bhd, the world’s largest crude palm oil producer.

Palm oil farmers on Felda land have been grappling with rising costs of living and high debt due to insufficient income.

Felda has diversified in recent years into property, including hotels, both locally and overseas, but has been plagued by issues of poor management.

Last year, Felda said it would sell assets including property in London, restructure some loans, and try to boost cash flow to trim nearly $2 billion in debt.

A former Felda chairman was charged in December with breach of trust and receiving bribes over the purchase of a Malaysian hotel while he was in charge of Felda.

The Mahathir government has said it would investigate several “highly suspicious” deals done by the previous administration, including the $500 million acquisition of a non-controlling stake in Indonesia’s Eagle High Plantations. The deal had drawn criticism as it was seen as overpriced.

(Reporting by Emily Chow, with additional reporting by Rozanna Latiff; Editing by A. Ananthalakshmi and Tom Hogue)

Source: OANN

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Libertarian May Hold Balance of Power in Israel Elections

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Source: InfoWars

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FILE PHOTO: Naqvi Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the WEF in Davos
FILE PHOTO: Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich/File Photo

April 26, 2019

By Tom Arnold

LONDON (Reuters) – A London court case to extradite Arif Naqvi, founder of collapsed private equity firm Abraaj Group, to the United States on fraud charges was adjourned until May 24, a court official said on Friday.

Naqvi was remanded in custody until that date, the official said. A former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, was released on conditional bail to appear again at Westminster Magistrates Court on June 12, the official said.

Under the U.S. charges, both men are accused of defrauding U.S. investors by inflating positions held by Abraaj in order to attract greater funds from them, causing them financial loss, the official said.

Vettivetpillai could not be reached for a comment.

Naqvi, in a statement released through a PR firm, has pleaded innocent.

The U.S. Securities and Exchange Commission alleges that Naqvi and his firm raised money for the Abraaj Growth Markets Health Fund, collecting more than $100 million over three years from U.S.-based charitable organizations and other U.S. investors.

Naqvi and Vettivetpillai were arrested in Britain earlier this month. Another executive, Mustafa Abdel-Wadood was arrested at a New York hotel, Assistant U.S. Attorney Andrea Griswold said at a hearing in Manhattan federal court on April 11.

Abdel-Wadood appeared at the Manhattan hearing and pleaded not guilty to securities fraud, wire fraud and conspiracy charges.

(Editing by Jane Merriman)

Source: OANN

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Former Vice President Joe Biden announces his 2020 candidacy
Former U.S. Vice President Joe Biden announces his candidacy for the Democratic presidential nomination in this still image taken from a video released April 25, 2019. BIDEN CAMPAIGN HANDOUT via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

April 26, 2019

By James Oliphant

WASHINGTON (Reuters) – Former U.S. Vice President Joe Biden, in his first interview as a Democratic presidential candidate, said on Friday that he does not believe he treated law professor Anita Hill badly during the 1991 confirmation hearings for Supreme Court Justice Clarence Thomas.

Biden had joined the burgeoning 2020 Democratic field a day earlier.

Biden’s conduct during those hearings, when he was chairman of the U.S. Senate Judiciary Committee, became a renewed subject of controversy after the New York Times reported that Biden had called Hill earlier this month in the run-up to his presidential bid and that Hill was dissatisfied with Biden’s expression of regret.

Appearing on ABC’s “The View,” Biden largely defended his actions as a senator almost 30 years ago, saying he believed Hill’s allegations of sexual harassment levied at Thomas and tried to derail his confirmation.

Activists have long been unhappy that Hill was questioned in graphic detail by the all-white, all-male committee chaired by Biden.

“I’m sorry she was treated the way she was treated,” Biden said, but later, he asserted, “I don’t think I treated her badly. … How do you stop people from asking inflammatory questions?”

“There were a lot of mistakes made across the board and for those I apologize,” he said.

Biden praised Hill as “remarkable” and said she is “one of the reasons we have the #MeToo movement.”

Asked why he had not reached out to Hill earlier, Biden said he had previously publicly stated he had regrets about her treatment and that he “didn’t want to quote invade her space.”

That seemed to be a reference to another controversy that looms over Biden’s presidential run: allegations by several women that he made them uncomfortable by touching them at political events.

Biden also addressed that criticism, saying he was now more “cognizant” about a woman’s “private space.” But he maintained that he had been “trying to bring solace.”

He suggested he was still trying to sort out the guidelines for his conduct going forward.

“I should be able to read better,” he said. “I have to be more careful.”

Pressed by the show’s panel for an apology to his accusers, Biden would not entirely capitulate.

“So, I invaded your space,” he replied. “I mean, I’m sorry this happened. But I’m not sorry in a sense that I think I did anything that was intentionally designed to do anything wrong or be inappropriate.”

Biden, 76, served as former President Barack Obama’s vice president for two terms. He is competing with 19 others for the Democratic presidential nomination and the chance to likely face President Donald Trump next year in the general election.

His first public event as a presidential candidate is scheduled for Monday in Pittsburgh.

(Reporting by James Oliphant; editing by Jonathan Oatis)

Source: OANN

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FILE PHOTO: The logo of Tesla is seen in Taipei
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Noel Randewich

SAN FRANCISCO (Reuters) – Tesla Inc’s stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

With investors betting Tesla will soon raise capital, the stock has fallen 13% for the week to its lowest level since January 2017, before the launch of the Model 3 sedan aimed at making the electric car maker profitable.

One positive development for Tesla: a U.S. District Court judge on Friday granted a request by Musk and the Securities and Exchange Commission for a second extension to resolve a dispute over Musk’s use of Twitter.

On Wednesday, Tesla posted a worse-than-expected loss of $702 million for the March quarter. Musk said Tesla would return to profit in the third quarter and that there was “some merit” to raising capital.

Musk is still battling to convince investors that demand for the Model 3, the company’s first car aimed at the mass consumer market, is “insanely” high, and that it can be delivered efficiently to customers around the world.

Tesla ended its first quarter with $2.2 billion, down from $3.7 billion in the prior quarter, and the company is planning expansions including a Shanghai factory, an upcoming Model Y SUV, and other projects.

(GRAPHIC: Tesla’s cash – https://tmsnrt.rs/2DyJjX6)

On Monday, Musk hosted a self-driving event, where he predicted Tesla would have over a million autonomous vehicles by next year. Some analysts perceived the presentation as a way to deflect attention from questions about demand, margin pressure, increasing competition and even Musk’s ongoing battle with U.S. regulators.

Tesla’s stock has now fallen 29 percent in 2019 and the company’s market capitalization has declined to $41 billion from $63 billion in mid-December.

(GRAPHIC: Tesla’s declining market cap – https://tmsnrt.rs/2Dwd62r)

Analysts now expect Tesla’s revenue to expand 19% in 2019, compared with 83% growth in 2018 and 68% growth in 2017, according to Refinitiv.

Following Tesla’s quarterly report, 12 analysts recommend selling the stock, while 11 recommend buying and eight are neutral. The median analyst price target is $275, up 16% from the stock’s current price of $236. Berenberg analyst Alexander Haissl has the most optimistic price target, at $500, while Cowen and Company’s Jeffrey Osborne has the lowest, at $160, according to Refinitiv.

(Reporting by Noel Randewich; editing by Jonathan Oatis)

Source: OANN

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Former Arkansas Governor Mike Huckabee said Friday that Deputy Attorney General Rod Rosenstein’s rare public criticism of the Obama administration was a “soft” way of accusing the previous administration of covering up Russia’s attempts at hacking the 2016 presidential election.

While speaking Thursday in New York at the Public Servants Dinner of the Armenian Bar Association, Rosenstein said that the Obama administration “chose not to publicize the full story about Russian computer hackers and social media trolls and how they relate to Russia’s broader strategy to undermine America.”

During an appearance on “America’s Newsroom” Friday morning, Huckabee called the comments an “unusually candid moment for Rosenstein.”

“I thought it was a soft way of him saying there was a cover-up,” Huckabee said. “They knew the Russians were attempting to influence the election and attempting to hack the election but they didn’t fully disclose that to the American people and certainly didn’t disclose it to the Trump campaign.

SWALWELL NOT CERTAIN TRUMP ISN’T A ‘RUSSIAN ASSET’

“Instead they tried to set a trap for them. It failed. The Trump team did not take the bait. And that’s the one conclusion that we can certainly come away with from the $35 million worth of investigation,” Huckabee continued.

Next week, Attorney General William Barr will testify before Congress and is expected to answer questions about Special Counsel Robert Mueller’s investigation of President Trump, which found that there was not adequate evidence to conclude that President Trump and his administration colluded with Russia, though the president could not be exonerated in terms of the possibility that he obstructed justice.

Barr will testify to the Senate Judiciary Committee next Wednesday and to the House Judiciary Committee the following day.

TRUMP ASSESSES 2020 DEMS; TAKES SWIPES AT BIDEN, SANDERS; DISMISSES HARRIS, O’ROURKE; SAYS HE’S ROOTING FOR BUTTIGIEG 

“It is going to be a theater, an absolute show,” Huckabee said of the hearings. “Just like the Kavanaugh hearings were and like everything else is in Congress. We ought to close the curtain on them and can’t come back until after the election. They aren’t doing their job anyway. We aren’t paying them because they’re doing a wonderful service to the country and spare us the hypocrisy of thinking they’re interested in getting to the bottom of the facts,” he continued.

CLICK HERE TO GET THE FOX NEWS APP

Ultimately, Huckabee argued, if Americans “took their partisan hats off,” they would see that President Trump was exonerated by the investigation.

Source: Fox News Politics

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Sri Lanka's former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake
Sri Lanka’s former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake, Sri Lanka April 12, 2019. REUTERS/Dinuka Liyanawatte

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

COLOMBO (Reuters) – Sri Lanka’s former wartime defense chief, Gotabaya Rajapaksa, said on Friday he would run for president in elections this year and would stop the spread of Islamist extremism by rebuilding the intelligence service and surveilling citizens.

Gotabaya, as he is popularly known, is the younger brother of former President Mahinda Rajapaksa and the two led the country to a crushing defeat of separatist Tamil rebels a decade ago after a 26-year civil war.

More than 250 people were killed in bomb attacks on hotels and churches on Easter Sunday that the government has blamed on Islamist militants and that Islamic State has claimed responsibility for.

Gotabaya said the attacks could have been prevented if the island’s current government had not dismantled the intelligence network and extensive surveillance capabilities that he built up during the war and later on.

“Because the government was not prepared, that’s why you see a panic situation,” he said in an interview with Reuters.

Gotabaya said he would be a candidate “100 percent”, firming up months of speculation that he plans to run in the elections, which are due by December.

He was critical of the government’s response to the bombings. Since the attacks, the government has struggled to provide clear information about how they were staged, who was behind them and how serious the threat is from Islamic State to the country.

“Various people are blaming various people, not giving exactly the details as to what happened, even people expect the names, what organization did this, and how they came up to this level, that explanation was not given,” he said.

On Friday, President Maithripala Sirisena said the government led by premier Ranil Wickremesinghe should take responsibility for the attacks and that prior information warning of attacks was not shared with him.

Wickremesinghe said earlier he was not advised about warnings that came from India’s spy service either, presenting a picture of a government still in disarray since the two leaders fell out last October.

Gotabaya is facing lawsuits in the United States, where he is a dual citizen, over his role in the war and afterwards.

The South Africa-based International Truth and Justice Project, in partnership with U.S. law firm Hausfeld, filed a civil case in California this month against Gotabaya on behalf of a Tamil torture survivor.

In a separate case, Ahimsa Wickrematunga, the daughter of murdered investigative editor Lasantha Wickrematunga, filed a complaint for damages in the same U.S. District Court in California for allegedly instigating and authorizing the extrajudicial killing of her father.

Gotabaya said the cases were baseless and only a “little distraction” as he prepared for the election campaign. He said he had asked U.S. authorities to renounce his citizenship and that process was nearly done, clearing the way for his candidature.

‘DISMANTLE THE NETWORKS’

He said that if he won, his immediate focus would to be tackle the threat from radical Islam and to rebuild the security set-up.

“It’s a serious problem, you have to go deep into the groups, dismantle the networks,” he said, adding he would give the military a mandate to collect intelligence from the ground and to mount surveillance of groups turning to extremism.

Gotabaya said that a military intelligence cell he had set up in 2011 of 5,000 people, some of them with Arabic language skills and that was tracking the bent towards extremist ideology some of the Islamist groups were taking in eastern Sri Lanka was disbanded by the current government.

“They did not give priority to national security, there was a mix-up. They were talking about ethnic reconciliation, then they were talking about human rights issues, they were talking about individual freedoms,” he said.

President Sirisena’s government sought to forge reconciliation with minority Tamils and close the wounds of the war and launched investigations into allegations of rights abuse and torture against military officers.

Officials said many of these secret intelligence cells were disbanded because they faced allegations of abuse, including torture and extra judicial killings.

Muslims make up nearly 10 percent of Sri Lanka’s population of 22 million, which is predominantly Buddhist.

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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