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US Launches Study to Find Ways to Reduce Opioid Overdose Deaths

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Source: InfoWars

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‘Massive Criminal Syndicate’ Operating Lucrative Migrant Pipeline to Europe – Filmmaker

International crime networks are operating a highly profitable human trafficking industry as migrants pay large sums of money to be transported to Europe, says filmmaker Lauren Southern.

Appearing on RT to discuss a groundbreaking interview with a Moroccan "fixer" from her forthcoming documentary Borderless, Southern shone light on the financial magnitude of the migrant pipeline flowing into Europe.

The smuggling operative, whom Southern describes as a "money handler for the boss," reveals that migrants shell out anywhere from 2,000 to 4,000 euros to be transported from Morocco to Spain on boats holding 50 people.

"Imagine how much money you’re making," Southern said. "It’s 130,000 euros per boat. I mean - ten boats in a day? You’re making $1.3 million. Why is no one talking about this massive criminal syndicate?"

“This is quite an intelligent business. This isn’t just a few people fleeing their country, desperately getting on dinghies trying to get to Spain. This is a very structured business.”

When asked how migrants are procuring such large sums of cash, Southern explained that, in many cases, it is hardly the most destitute residents of Africa and the Middle East who are attempting to buy their way to a better life in the West, but rather those who have access to more resources than the truly penniless.

"The type of people we were meeting in these camps – they are not the poorest of the poor in Africa," Southern explained. "These are not 'refugees.' Of course some of them are coming from terrible areas, but they are selling their house, they do have money to spend to make this trip."

"There's a lot of disinformation going on here. First of all, that this is some sort of 'refugee crisis' – a lot of these people are economic migrants. They are selling their houses and bringing their life savings to come to Spain."

"A lot of them are contacted first by the traffickers and offered a deal – they're not fleeing," she continued. "It's a massive misconception that has led to a lot of the open borders talk throughout Europe."

In this exclusive video, border patrol vans are seen pulling up to a Catholic respite center near McAllen, Texas, where a worker then warns that shooting video endangers the illegal aliens in the vans because they could be recognized and extorted by human traffickers or anybody they “borrowed money from.”

(PHOTO: Jesus Merida/SOPA Images/LightRocket via Getty Images)

Source: InfoWars

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Superdry founder urges shareholders to vote him to board

Signage is seen at a Superdry store in London
Signage is seen at a Superdry store in London, Britain, March 1, 2019. REUTERS/Toby Melville

March 14, 2019

(Reuters) – Julian Dunkerton, the founder and former boss of British fashion group Superdry, urged shareholders on Thursday to elect him and industry veteran Peter Williams to the company’s board at its upcoming shareholder meeting in April.

Dunkerton, in a letter to shareholders, said he would work to restore double-digit percentage earnings before income tax (EBIT) margins and rebuild profitability in two to three years.

He also pledged not to sell his shares in the company for at least two years http://bit.ly/2HleCIh.

In early March, Dunkerton and Superdry’s co-founder and former brand and design director James Holder said they wanted to place Williams, current chairman of online fashion retailer Boohoo, on the company’s board and called for a shareholder meeting.

Superdry, whose shares slumped 68 percent over the last year, has already said that it does not want Dunkerton back and has asked shareholders to vote against him and Williams.

Dunkerton owns 18.4 percent of Superdry.

(Reporting by Sangameswaran S in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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Tax service turns away gay couple, citing Indiana’s ‘religious freedom’ law

A decision by a tax preparation business not to serve a lesbian couple has created the newest battleground in establishing the line between freedom to practice one’s beliefs and freedom to live without facing illegal discrimination.

Bailey and Samantha Brazzel sought to have their tax work done at Carter Tax Service in Russiaville, Ind., but the proprietor turned them away, based on the business owner’s religious beliefs.

CHRISTIAN GROUP WINS RELIGIOUS FREEDOM CASE AGAINST UNIVERSITY OF IOWA: 'RULING IS A WIN FOR BASIC FAIRNESS'

Nancy Fivecoate, 66, the business owner, claims her views are protected under the state’s Religious Freedom Restoration Act, which former Indiana Gov. Mike Pence signed into law in March 2015. An amendment intended to protect LGBT people from discrimination was added the following month.

The law prohibits the government from interfering with a person’s practice of religious beliefs unless it has a compelling reason to do so. A federal version of the law, introduced by then U.S. Rep. Chuck Schumer, D-N.Y., was signed by President Bill Clinton in 1993.

The issue of religious freedom versus discrimination was central to the case of Colorado baker Jack Phillips, who won a U.S. Supreme Court case in June after refusing to bake a wedding cake for a same-sex couple.

In Indiana, Fivecoate says she merely turned down the couple’s business and did not seek to draw broader attention to her decision. She claims she was within her legal rights to do so.

"I've never repeated her name to anyone,” Fivecoate told the Indianapolis Star about Bailey Brazzel, who visited her office. “I haven't answered social media. I've done absolutely nothing except (follow) my religious beliefs. I cannot put my name on that return."

MIKE PENCE IS NOT ANTI-GAY -- I'M A GAY MAN WHO KNOWS HE'S BEEN FALSELY ACCUSED

"The LGBT want respect for their beliefs, which I give them,” Fivecoate wrote later, in a statement to WTHR-TV of Indianapolis. “I did not say anything about their lifestyle. That is their choice. It is not my choice. Where is their respect for my beliefs?”

But Brazzel, 25, claims that Fivecoate’s rejection of her business constitutes illegal discrimination.

"I went in there to have my taxes done, not push my beliefs on her,” Brazzel told the Star. "It's not professional to me to turn someone away because they do something differently than you would like.”

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“My taxes don't have anything to do with our marriage," Brazzel continued. "If you are going to run a business, you should be professional enough to do business with people from all types of backgrounds.”

Brazzel said she and her wife ultimately took their business to another company, but decided to go public with their story.

Whether the couple intends to pursue legal action was not clear.

Source: Fox News National

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Berners-Lee says World Wide Web, at 30, must emerge from ‘adolescence’

FILE PHOTO: World Wide Web Inventor Sir Tim Berners-Lee speaks during the inauguration of Web Summit, Europe's biggest tech conference, in Lisbon
FILE PHOTO: World Wide Web inventor Sir Tim Berners-Lee speaks during the inauguration of Web Summit, Europe's biggest tech conference, in Lisbon, Portugal, Nov. 5, 2018. REUTERS/Pedro Nunes

March 11, 2019

By Tom Miles

GENEVA (Reuters) – The fraying World Wide Web needs to rediscover its strengths and grow into maturity, its designer Tim Berners-Lee said on Monday, marking the 30th anniversary of the collaborative software project his supervisor initially dubbed “vague but exciting”.

Speaking to reporters at CERN, the physics research center outside Geneva where he invented the web, Berners-Lee said users of the web had found it “not so pretty” recently.

“They are all stepping back, suddenly horrified after the Trump and Brexit elections, realizing that this web thing that they thought was that cool is actually not necessarily serving humanity very well,” he said.

“It seems we don’t finish reeling from one privacy disaster before moving onto the next one,” he added, citing concerns about whether social networks were supporting democracy.

People who had grown up taking the internet’s neutrality for granted now found that the administration of U.S. President Donald Trump had “rolled that back”.

There was also a threat of fragmentation of the Internet into regulatory blocs – in the United States, the European Union, China and elsewhere – which would be “massively damaging”.

In an open letter to mark the anniversary, Berners-Lee said many people now felt unsure about whether the web was a force for good, but it would be defeatist and unimaginative to assume that it could not change for the better in the next 30 years.

“If we give up on building a better web now, then the web will not have failed us. We will have failed the web”, he wrote.

“It’s our journey from digital adolescence to a more mature, responsible and inclusive future”.

But he was optimistic because of a strong resolve among governments to avoid balkanization of the Internet, and a strong resolve among people in social networks who had – surprisingly – been shocked at people trying to hack elections.

He said the editorial power of Facebook’s algorithm was “scary”, but Facebook was clearly thinking about such questions a great deal, and that it and other social media firms backed the principle of letting users extract and move their data.

Amid the concern, Berners-Lee said the anniversary was something to celebrate, and warmly recalled how his boss ordered a computer model that CERN did not possess, a deliberate “plot” to enable his project under the guise of testing the interoperability of different computers.

The boss, Mike Sendell, had penciled in an assessment of his idea as “vague but exciting”.

“Thank goodness it wasn’t ‘Exciting but vague’,” Berners-Lee said.

(Reporting by Tom Miles, editing by G Crosse)

Source: OANN

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Trump vows to bring any impeachment fight before nation’s top court

FILE PHOTO: U.S. President Trump declares a national emergency at the southern border during remarks at the White House in Washington
FILE PHOTO: U.S. President Donald Trump pauses during his declaration of a national emergency at the U.S.-Mexico border during remarks about border security in the Rose Garden of the White House in Washington, U.S., February 15, 2019. REUTERS/Carlos Barria/File Photo

April 24, 2019

WASHINGTON (Reuters) – President Donald Trump on Wednesday vowed to fight any effort by congressional Democrats to launch impeachment proceedings against him in the wake of the U.S. special counsel’s report on Russia, promising to take any legal battle to the Supreme Court.

“If the partisan Dems ever tried to Impeach, I would first head to the U.S. Supreme Court,” Trump wrote on Twitter.

(Reporting by Susan Heavey and Makini Brice, Editing by Franklin Paul)

Source: OANN

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Who are the wealthiest 2020 Dems? With tax returns in, the answer may surprise you

Stressing transparency in government, more than a half-dozen Democrats running for the White House have released their tax returns.

And while the filings are a way for the Democratic candidates to spotlight Republican President Trump’s refusal to release his taxes -- both as a 2016 White House candidate and as a sitting president -- the returns also have revealed that some of the biggest class warriors of the 2020 field happen to be among the wealthiest.

AT FOX NEWS TOWN HALL, BERNIE SANDERS MAKES NO APOLOGIES FOR HIS WEALTH

"This year, we had $560,000 in income," Sen. Bernie Sanders of Vermont explained Monday night during a Fox News town hall.

Minutes before the start of the town hall in Bethlehem, Pennsylvania, the independent senator from Vermont’s presidential campaign released his 2018 returns. According to the figures, Sanders and his wife Jane paid a 26 percent effective tax rate on $561,293 in income, and made more than $1 million in both 2016 and 2017. Nearly $400,000 of his income last year came from book sales.

Sanders doubled down on his previous defenses of his wealth, which even some progressives have criticized considering his advocacy for an increase in the tax rates the wealthiest Americans pay.

2020 CANDIDATES' TAX RETURNS: BY THE NUMBERS

"In my and my wife's case, I wrote a pretty good book. It was a bestseller, sold all over the world, and we made money. If anyone thinks I should apologize for writing a bestselling book, I'm sorry, I'm not gonna do it," he said.

And Sanders, who’s faced calls for the past month to release his returns, acknowledged that he had been "fortunate" even as he pushed for a more progressive tax system.

WARREN RELEASES RETURNS MOMENTS AFTER PUSHING WEALTH TAX

Sanders isn’t the only populist senator running for the White House whose tax returns indicate income in the upper six-digits.

Minutes after pushing her proposal to increase taxes on the ultra-wealthy, Sen. Elizabeth Warren released her tax returns last week. The figures show that the Massachusetts Democrat and her husband Bruce – a professor at Harvard University – paid more than $230,000 in taxes last year on just over $846,000 in adjusted income, for an effective tax rate of 27 percent. Warren made about $325,000 in book sales in addition to the $175,000 salary she receives as a senator. Her husband earned around $400,000 from Harvard.

The wealthiest Democrat among those 2020 candidates who’ve so far made their tax returns public is Sen. Kamala Harris of California.

The former Golden State attorney general and her husband – attorney Doug Emhoff – reported an adjusted income of nearly $1.9 million in 2018. They paid nearly $700,000 in taxes, for an effective rate of 37 percent. Besides her Senate income, Harris earned around $320,000 in income from writing a book that was published earlier this year. Her husband earned $1.5 million for his work as an attorney.

While Harris is reporting the most income of the candidates who’ve so far released their 2018 tax returns, former Rep. John Delaney of Maryland appears to be the wealthiest candidate in the field of Democratic presidential nomination contenders.

Last year, the then-three-term congressman was listed as the sixth wealthiest member of Congress, with an estimated net worth of $92.6 million according to rankings from Roll Call. Delaney, who grew up in a working-class family in New Jersey, became the youngest CEO in the history of the New York Stock Exchange.

According to his first quarter of fundraising report, the candidate infused $11.7 million of his own money into his campaign, making up the vast majority of the $12.1 million he brought in during the first three months of the year.

Former Rep. Beto O’Rourke and his wife, meanwhile, made $366,455 – according to their 2017 returns – paying an effective tax rate of 22 percent. The candidate released 10 years of returns on Monday, but didn’t include his 2018 taxes.

"As a candidate aspiring to restore the American people's trust in the nation's highest office, O'Rourke will also release his 2018 tax returns as soon as possible after they are filed," his campaign explained.

Sen. Amy Klobuchar of Minnesota and her husband earned $338,121 last year, paying a 19 percent effective tax rate. Sen. Kirsten Gillibrand and her husband earned nearly $215,000 in income last year, paying an effective tax rate of 14 percent.

GILLIBRAND THE FIRST 2020 DEMOCRAT TO RELEASE TAX RETURNS

Gillibrand became the first of the 2020 Democrats to make public her returns, when she released her returns on March 27.

“Join me in calling on every presidential candidate to disclose their taxes. This is what transparency and accountability is all about,” Gillibrand said in a video at the time, as she challenged the rest of the Democratic 2020 contenders to make their returns public.

Washington State Gov. Jay Inslee also released his returns, indicating that he and his wife earned nearly $203,000 last year, paying an effective tax rate of 15 percent.

Source: Fox News Politics

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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NEED FOR CASH

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

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

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

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

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

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

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

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

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

Source: Fox News World

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

April 26, 2019

By Charlotte Greenfield

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

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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

April 26, 2019

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

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

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

(Reporting by Muvija M in Bengaluru)

Source: OANN

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