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Papadopoulos Blames ‘Possibly Compromised’ Lawyers for Plea

Former Trump campaign adviser George Papadopoulos, who served less than two weeks in prison last fall for lying to the FBI as part of the Russia investigation, thinks the lawyers he had at the time were "possibly compromised" and played a role in getting him time behind bars.

"It's a very complicated story," he told Law&Crime Network's Brian Ross. "There's been such misunderstanding and misrepresentation about who George Papadopoulos is."

Papadopoulos added he was certain no collusion occurred between the Trump campaign and Russia, and was then asked a follow-up about whether he had regrets about pleading guilty.

"I have new counsel for a reason," he said. "I believe my old counsel was possibly compromised."

Papadopoulos was later asked if he would be interested in receiving a pardon from President Donald Trump, but he said that would not be much help to him.

"A pardon doesn't actually practically impact my life right now," he said.

"I was set up, and it was made to seem that I was up to no good [and] working with Russians or Russian intermediaries. I'm not spouting conspiracy theories."

Papadopoulos' role in the Russia investigation is complex, and he claims members of western intelligence services created a ruse to make it appear as if he was working with the Russians during the 2016 campaign.

"These were not Russian operatives who were engaging with me but Western intelligence operatives," he told Ross. "Possibly FBI operatives themselves."

Source: NewsMax America

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Israeli VC Jerusalem Venture Partners raises $220 million for new tech fund

Erel Margalit , Founder and managing partner of Jerusalem Venture Partners (JVP), speaks during the third annual tech conference
Erel Margalit , Founder and managing partner of Jerusalem Venture Partners (JVP), speaks during the third annual tech conference "Inno Generation" organized by French investment bank Bpifrance at AccorHotels Arena in Paris, France, October 12, 2017. REUTERS/Charles Platiau

February 20, 2019

TEL AVIV (Reuters) – Venture capital firm Jerusalem Venture Partners (JVP) said on Wednesday it closed a new fund with investment commitments of $220 million.

It has attracted investors from the United States, France, Germany, Austria, Italy and the UK, and from Asia, including Japan. Among them are U.S. and European sovereign funds, corporations, insurance companies and university endowments.

The fund is investing in early-to-mid-stage companies in areas such as computer vision, cybersecurity, artificial intelligence and big data.

Several of the companies are U.S.-Israeli or European-Israeli, JVP founder and Executive Chairman Erel Margalit said.

“It’s a sign that the next generation of Israeli companies don’t just want to be bought by multinationals but want to create their own international business leadership,” Margalit said.

JVP, which has investment hubs in Jerusalem, the southern Israeli city of Beersheba and a new one in New York, has raised $1.4 billion to date in nine funds.

(Reporting by Tova Cohen; Editing by Steven Scheer)

Source: OANN

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China’s policy stimulus may worsen economic distortions: OECD

FILE PHOTO: Employees work on the production line of a factory manufacturing fashion accessories in Sihong
FILE PHOTO: Employees work on the production line of a factory manufacturing fashion accessories in Sihong county, Jiangsu province, China March 27, 2019. REUTERS/Stringer

April 16, 2019

BEIJING (Reuters) – China’s stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium term, the OECD said in a report on Tuesday.

Beijing has stepped up fiscal stimulus to prevent a sharper slowdown in the world’s second-largest economy, which is being squeezed by weaker domestic demand and a trade war with the United States.

Local governments will be allowed to issue 2.15 trillion yuan ($320.60 billion) worth of special purpose bonds in 2019 to fund infrastructure projects, a jump of 59 percent from last year.

But S&P Global Ratings estimated last year that local governments were already sitting on hidden debt that could be as high as 40 trillion yuan.

“Infrastructure stimulus could lift growth over the projection horizon, but it could lead to a further build-up of imbalances and capital misallocation, and thereby weaker growth in the medium term,” the OECD said in its latest survey on China’s economy.

“The stimulus risks increasing once again corporate sector indebtedness and, more generally, reversing progress in deleveraging,” it said.

China’s corporate debt has fallen to about 160 percent of gross domestic product (GDP) due to a multi-year clampdown on riskier types of financing and debt, but the level was still higher than in other major economies, the OECD said.

The government in March announced tax and fee cuts of 2 trillion yuan for companies this year, which will lift its budget deficit to 2.8 percent of GDP this year from 2.6 percent in 2018.

China’s fiscal stimulus could be as high as 4.25 percent of GDP this year, up from 2.94 percent in 2018, the OECD added.

Easier monetary policy should help reduce the risk of liquidity strains which could put further pressure on businesses, said Ludger Schuknecht, deputy secretary-general of the OECD.

But he said Beijing should prevent any policy “overshooting”.

Fiscal policy should aim to support the economy while avoiding any side-effects, he added.

“I’m sure government authorities and the PBOC are monitoring this carefully. It’s a matter of implementing it (stimulus) in the right way,” he told an event ahead of the release of the report.

New bank loans rebounded more than expected in March, and totaled a record 5.8 trillion yuan for the quarter, as policymakers pushed lenders to support struggling smaller, private companies, which are seen as higher credit risks than state-controlled firms.

But there are concerns that looser lending standards may fuel a further rise in bad loans as well as inefficient investment and speculation, particularly in the property market.

Underscoring the OECD’s warning about debt risks, data on Tuesday showed growth in new home prices accelerated in March after cooling since November 2018.

Average new home prices in China’s 70 major cities rose 0.6 percent, quickening from a 0.5 percent gain in February, according to Reuters calculation of data released by the National Bureau of Statistics (NBS).

Home prices in China are expected to rise more this year than predicted just a few months ago, a recent Reuters poll showed, as the government urges banks to increase lending and lower interest rates to support the economy.

The People’s Bank of China (PBOC) has already slashed banks’ reserve requirement ratio (RRR) five times over the past year and is widely expected to ease policy further in coming quarters to spur lending and reduce borrowing costs.

But top officials have repeatedly vowed not to open the floodgates in an economy already saddled with piles of debt – a legacy of massive stimulus during the global financial crisis in 2008-09 and subsequent downturns.

China’s economic growth is likely to slow to 6.2 percent this year – the weakest pace in nearly 30 years, and growth is expected to cool further to 6.0 percent in 2020, the OECD said. The economy expanded 6.6 percent in 2018.

In March, the OECD cut its 2019 growth forecast from 6.3 percent.

The OECD’s outlook on China’s economy was in line with a Reuters poll published last week.

Growth of China’s exports of goods and services could slow to 4.5 percent this year from 5.1 percent in 2018, amid trade frictions with the United States, the OECD predicted.

China’s current account may swing to a deficit of 0.1 percent of GDP this year from a small surplus in 2018, amid its rebalancing towards domestic demand, the OECD added.

(Reporting by Kevin Yao; Editing by Kim Coghill)

Source: OANN

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U.S.-Russia talks on Venezuela positive but no agreement on Maduro: Abrams

FILE PHOTO: United States diplomat Elliott Abrams listens during a meeting of the U.N. Security Council called to vote on a U.S. draft resolution calling for free and fair presidential elections in Venezuela at U.N. headquarters in New York
FILE PHOTO: United States diplomat Elliott Abrams listens during a meeting of the U.N. Security Council called to vote on a U.S. draft resolution calling for free and fair presidential elections in Venezuela at U.N. headquarters in New York, U.S., February 28, 2019. REUTERS/Lucas Jackson

March 19, 2019

ROME (Reuters) – Talks between the United States and Russia over the crisis in Venezuela were positive and substantive but the two sides were still divided over the legitimacy of President Nicolas Maduro, U.S. special representative Elliott Abrams said on Tuesday.

“No, we did not come to a meeting of minds, but I think the talks were positive in the sense that both sides emerged with a better understanding of the other’s views,” Abrams said, adding that both sides had agreed on the depth of the crisis.

(Reporting By Philip Pullella; Editing by Crispian Balmer)

Source: OANN

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Arizona deputies say 8-year-old twins found dead were killed by their grandmother

An Arizona woman is facing murder charges in the shooting deaths of two boys, 8-year-old twins, who were her grandchildren.

Dorothy Flood, 55, of Tucson, was arrested Friday, a day after the boys, Jordan and Jaden Webb, were found dead of gunshot wounds, deputies with the Pima County Sheriff’s Office said.

Paramedics were called to Flood’s home Thursday afternoon in response to a call for medical assistance, deputies said.

“Upon arrival, they discovered an unresponsive adult female inside the residence” who turned out to be Flood, they said.

LIMO OPERATOR INDICTED ON MANSLAUGHTER, NEGLIGENT HOMICIDE IN CRASH THAT KILLED 20

As the paramedics worked to revive Flood, they found the boys in separate bedrooms.

“The female had symptoms of an apparent overdose and was transported to a local hospital,” deputies said. She was later jailed without bail following her arrest.

Friends and family members have been left to wonder what happened, KOLD-TV reported.

CHIROPRACTOR WHO SERVED IN THE NAVY FACES CHARGES IN NORTH DAKOTA QUADRUPLE HOMICIDE

“Somewhere, something snapped,” Flood's friend Chandra McCord told the station.

Flood took custody of Jordan and Jaden after their mother killed herself a couple of years ago, the station reported.

“You could see the fear that she had of the future,” McCord said, according to the station. “She was afraid she wasn’t going to be able to handle it."

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Still, Flood loved the twins and gave "her whole heart" to them, the woman said.

Source: Fox News National

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Report: Patriots tender Josh Gordon

NFL: New England Patriots at New York Jets
FILE PHOTO: Nov 25, 2018; East Rutherford, NJ, USA; New England Patriots wide receiver Josh Gordon (10) runs with the ball against the New York Jets during the first quarter at MetLife Stadium. Mandatory Credit: Brad Penner-USA TODAY Sports

March 12, 2019

Josh Gordon received a signal of commitment from the New England Patriots.

According to reports, the rehabbing and suspended wide receiver was given a second-round restricted free agent tender by the Patriots, who would receive a draft pick in that round if another team signs Gordon.

Gordon thanked the Patriots in an Instagram post that featured Gordon, wide receiver Julian Edelman and quarterback Tom Brady. In the post, he shared the John F. Kennedy quote “Do not pray for easy lives. Pray to be stronger men.”

Brady liked the post and commented “You got that right @flash.”

Patriots owner Robert Kraft said in January that the Patriots are doing their best to help and support Gordon while he deals with off-field issues.

Gordon, acquired from the Cleveland Browns, caught 40 passes and scored three touchdowns in 11 total games with the team this season before another indefinite suspension for substance abuse violations on Dec. 20.

The 27-year-old had missed 43 of a possible 48 games in Cleveland’s previous three seasons prior to the start of the 2018 season.

“Unfortunately, people like that need mentoring at a young age, but when it becomes addiction, addiction is something that is way beyond our… We gave him tremendous support on a daily basis, and he was worthy. But I think we as a society have to try to help these young people not to get addicted in the first place. And that’s the sad part of this. He’s a good guy — a really good guy. It makes us sad.”

Jonathan Kraft was sympathetic to Gordon’s situation but would not say if he’d get another chance in New England.

“You get exposed to it in a whole different way when you come from where Josh Gordon came from. He is a very good kid,” he said.

–Field Level Media

Source: OANN

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Procter & Gamble quarterly sales beat estimates

The logo for Procter & Gamble Co. is displayed on a screen on the floor of the NYSE in New York
FILE PHOTO: The logo for Procter & Gamble Co. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid

April 23, 2019

(Reuters) – Procter & Gamble Co’s quarterly revenue beat Wall Street estimates on Tuesday, as it sold more beauty, fabric and home care products.

The maker of Tide detergent and Pampers diapers said net income attributable to the company rose to $2.75 billion, or $1.04 per share, in the third quarter ended March 31, from $2.51 billion, or 95 cents per share, a year earlier.

Net sales rose 1.1 percent to $16.46 billion, beating analysts’ average estimate of $16.37 billion, according to IBES data from Refinitiv.

(Reporting by Soundarya J in Bengaluru; Editing by Maju Samuel)

Source: OANN

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Britain's Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador's residence in Beijing
Britain’s Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador’s residence in Beijing, China April 26, 2019. REUTERS/Florence Lo/Pool

April 26, 2019

BEIJING (Reuters) – British finance minister Philip Hammond said on Friday that he had a “very constructive meeting” with his counterpart in the opposition Labour Party before leaving for Beijing and that he was optimistic about finding common ground.

Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing, said talks with Labour aimed at finding a way forward on Brexit had not stalled.

“I’m optimistic that we will find common ground,” he said. “Both sides have got clear positions and both sides will have to compromise in order to reach an agreement.”

Hammond added that he absolutely did not favor a no deal exit from the European Union.

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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