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Slovak court considers banning parliamentary far right party

Slovakia's Supreme Court is deciding whether to ban a parliamentary party for the first time in the country's history.

The court listened Tuesday to a request that emanated from the country's prosecutor general to remove the far-right People's Party Our Slovakia party because he considers it a threat to democracy. It is set to issue a verdict on April 29.

The party has 14 lawmakers in the 150-seat parliament and is among the top four strongest parties.

Its members openly admire the Nazi puppet state that the country was during World War II, use Nazi salutes, consider NATO a terror group and want the country out of the European Union.

Source: Fox News World

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Palestinian teen: Israel shot me handcuffed and blindfolded

A Palestinian teen says he was unarmed when Israeli troops grabbed him last week and then shot him in both legs while he was handcuffed and blindfolded.

The 16-year-old Osama Hajahjeh said Monday he was walking home last week from a funeral in the West Bank village of Tekoa when he was grabbed.

He says soldiers bound him and shouted at him in Hebrew and Arabic. He was "confused" and started walking away when he was shot.

A photo captured by a local photographer shows soldiers appearing to pursue a fleeing Hajahjeh with his eyes covered and hands tied behind his back.

The Israeli military says it arrested an instigator of a violent protest and fired at his lower abdomen when he tried to flee. It says it's investigating.

Source: Fox News World

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Germany arrests man accused of helping recruit for IS group

German authorities have arrested a man suspected of joining the Islamic State group in Syria and later helping send another new recruit for IS from Germany to Syria.

Federal prosecutors said the 28-year-old German national, identified only as Volkan L. in line with German privacy rules, was arrested in Hamburg on Wednesday. He is suspected of membership in a foreign terrorist organization.

Prosecutors say that he traveled to Syria in November 2013 to join IS and underwent military training. They say he returned to Germany in March 2014 and turned his attention to finding new recruits.

He is accused of helping organize travel to Syria for one such person in summer 2014, acting as a go-between between the recruit and an IS member in Syria.

Source: Fox News World

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Peru: British environmentalist was dead when he was burned

A Peruvian forensic expert says a British Catholic missionary and environmental activist died before his body was burned at a youth hostel he ran in the Amazon region.

Loreto region chief forensic doctor Francisco Moreno told The Associated Press that that no carbon dioxide was found in Paul McAuley's blood, ruling out burning as the cause of death.

The 71-year-old missionary was found death on Tuesday at the shelter he founded for indigenous schoolchildren.

Prosecutors have not yet said if McAuley was murdered or what the motive might have been. They have been collecting evidence and interviewing the students.

Moreno said Thursday that additional tests are being carried out.

In 2004, McAuley and environmentalists opposed then-President Alan Garcia's moves to open up the Amazon to mining and oil exploration.

Source: Fox News World

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Fiat Chrysler Canada’s auto sales fall 11 percent in March

FILE PHOTO: A Fiat Chrysler Automobiles sign is seen at the U.S. headquarters in Auburn Hills, Michigan,
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo

April 2, 2019

(Reuters) – Fiat Chrysler Automobiles NV on Tuesday reported an 11 percent fall in total March sales in Canada.

The company, which is among the top four carmakers in the country, sold 21,684 vehicles in March, with its Alfa Brand reporting a 56 percent drop in sales.

Sales in the United States fell 7.3 percent, hit by a decline in sales across all of its major brands, except RAM trucks.

(Reporting by Arundhati Sarkar in Bengaluru; Editing by James Emmanuel)

Source: OANN

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What the Western Governors Have to Offer in 2020

March is the month that comes in like a lion and goes out like a lamb. So far this month two Democratic presidential candidates, Gov. Jay Inslee of Washington and former Gov. John Hickenlooper of Colorado have roared into the presidential race.

Read Full Article »

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Parents Outraged Over ‘Drag Queen Story Time’ Hosted By Convicted Child Rapist in Houston

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The headquarters of Wirecard AG is seen in Aschheim near Munich
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

April 26, 2019

BERLIN (Reuters) – Wulf Matthias will not stand for a second term as Wirecard’s chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

For age reasons alone this would not be an option for Matthias, aged 75, Handelsblatt added.

Matthias will keep his mandate until it ends in 2020, the paper quoted a company spokeswoman as saying.

Wirecard was not immediately available for comment when contacted by Reuters.

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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