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Slain German woman and son found on Spain’s Tenerife island

Spain's Civil Guard says the bodies of a German woman and her 10-year-old son have been found in a cave in the Canary island of Tenerife and that the boy's father, who was also German, has been arrested.

The search began Tuesday, when residents found a 5-year-old boy near the town of Adeje. The Europa Press news agency reported that, speaking through a translator, the boy said his father had taken the family to a cave and attacked them but he had escaped.

Police arrested the father in his apartment in Adeje but he refused to say where the rest of his family was.

The Civil Guards say the missing mother and son were found Wednesday afternoon.

The volcanic Tenerife island in the Atlantic Ocean is a popular holiday destination.

Source: Fox News World

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Florida authorities seeking driver who allegedly stopped for person crossing, then hit them with car

Authorities in Florida are on the hunt for a driver who they allege purposefully hit someone with a car after initially letting them pass by.

The Feb. 23 interaction between the driver and pedestrian in Oakland Park, Fla., was caught on tape and shared by the Broward Sheriff’s Office in a news release Wednesday. The incident happened around 8 p.m. in a Publix supermarket parking lot, authorities said.

The video showed a vehicle as it “stops to allowing a pedestrian to walk in front of his car,” the sheriff’s office said.

FLORIDA AUTHORITIES ARREST DAD ACCUSED OF KILLING WIFE, YOUNG DAUGHTER WITH MACHETE

“As the victim finishes crossing the vehicle, the driver accelerates and turns in the direction of the victim,” according to the news release.

Following this, the video showed the individual on the ground. The vehicle then fled the scene, the sheriff’s office said. The encounter left the individual with a broken leg, according to authorities.

“This driver’s actions are bizarre, cruel and reckless. They are also aggravated battery,” the sheriff’s office said.

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The driver was also captured on video as he went into the store shortly before the encounter in the parking lot, according to authorities.

The driver is “a heavyset male with a fair complexion” who has short brown hair, a close-cut brown beard and at the time was wearing a red hat and t-shirt, khaki shorts and black sneakers, the sheriff’s office said.

Source: Fox News National

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Rondo hopes for a return to Lakers

NBA: Los Angeles Lakers at Utah Jazz
Mar 27, 2019; Salt Lake City, UT, USA; Los Angeles Lakers guard Rajon Rondo (9) shoots against Utah Jazz guard Donovan Mitchell (45) and guard Ricky Rubio (3) in the first half at Vivint Smart Home Arena. Mandatory Credit: Jeff Swinger-USA TODAY Sports

March 30, 2019

Point guard Rajon Rondo says he “absolutely” wants to come back and play for the Los Angeles Lakers next year, despite a disappointing season for the iconic team.

“Absolutely. I mean, the only way we can go from here is up,” Rondo told ESPN after Friday’s 129-115 win over the Charlotte Hornets.

Rondo finished with seven points, six rebounds, a season-high 17 assists and five steals as the Lakers won for the third time in four games.

The Lakers were eliminated from postseason contention last week.

Rondo, with the Lakers on a one-year, $9 million deal, said there’s been some talk of an extension.

“We talked about it,” Rondo told ESPN. “As far as long term, maybe not like a six-year deal, but you know, I’m only 33.”

For the season, Rondo is averaging 8.7 points, 7.9 assists and 5.2 rebounds in 29.4 minutes per game, though injuries and a suspension have limited him to just 42 games.

Rondo has averaged 10.4 points, 8.5 assists, 4.8 rebounds and 1.7 steals over 821 career games since entering the league with the Boston Celtics as the 21st overall pick in the 2006 NBA Draft.

–Field Level Media

Source: OANN

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Macron calls for ‘reasonable’ transition period in Algeria

FILE PHOTO: French President Emmanuel Macron delivers a speech during the closing session of the Intelligence College in Europe meeting at the Foreign Affairs Ministry in Paris
FILE PHOTO: French President Emmanuel Macron delivers a speech during the closing session of the Intelligence College in Europe meeting at the Foreign Affairs Ministry in Paris, France March 5, 2019. Ludovic Marin/Pool via REUTERS/File Photo

March 12, 2019

DJIBOUTI (Reuters) – France’s Emmanuel Macron on Tuesday said Algerian President Abdelaziz Bouteflika’s decision to abandon his quest for a fifth term in power opened a new chapter in the country’s history and called for a “reasonable duration” to the transition period.

Bouteflika late on Monday bowed to weeks of mass demonstrations against his 20-year rule but also postponed an election due in April, promising social and economic reforms in the former French colony.

Macron gave no details on what he considered a reasonable transition period.

(Reporting by John Irish; Editing by Richard Lough)

Source: OANN

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Larry Kudlow to Newsmax TV: Stephen Moore Still a Candidate for Fed Post

Larry Kudlow, the director of the National Economic Council, told Newsmax TV in an exclusive interview that Federal Reserve Board candidate Stephen Moore has no plans to withdraw his name despite outside pressure.

Kudlow sat down with Newsmax CEO Chris Ruddy at the White House Thursday and said Moore, whose past comments about women have been recently unearthed, continues to be vetted.

From the White House — Larry Kudlow, director of the National Economic Council, sits down with Newsmax CEO Chris Ruddy to discuss the state of our economy, Trump’s agenda, and threat of socialism. See Larry with Chris on Newsmax TV Thursday at 6PM & 9PM ET via Directv 349, Xfinity 1115, Dish 216, Uverse 1220, Fios 615, Spectrum (see channels), or More Info Here

"Steve's gonna hang in there. He's gonna hang in there," Kudlow said.

"Steve is staying on as a candidate. He is being vetted through our process with the FBI and so forth. Then he'll go through his Senate Banking Committee hearings."

Earlier this week, Kudlow insisted the White House is still behind Moore's candidacy for the Federal Reserve Board.

During his interview with Ruddy, Kudlow said he and others have been interviewing other candidates for the Fed, now that Herman Cain has withdrawn his name from consideration.

Cain, Kudlow said, decided to pull out of contention for the Fed seat because of "personal, financial reasons."

It had been reported that Cain dropped out of the 2012 race for president over allegations of sexual harassment and infidelity. Cain, a former CEO of Godfather's Pizza who served as chair of the Federal Reserve Bank of Kansas City in the mid-1990s, denied the allegations.

"Herman Cain was qualified as a successful businessman, as the chairman of the Federal Reserve Bank of Kansas City," Kudlow told Ruddy. "Herman had some issues in his presidential campaign. That seems to have been the problem. A bunch of Republican senators said they wouldn't vote for him now."

Among the Republicans who said they would not vote Cain onto the Fed were Mitt Romney, R-Utah; Lisa Murkowski, R-Alaska; and Kevin Cramer, R-N.D.

"I think if he had stayed in, he could have turned around those senators," Kudlow said. "But he chose to withdraw because of personal, financial reasons. He didn't want to give up some radio and TV and so forth. I get that."

On the larger issue of whether President Donald Trump has the right to criticize the Fed, which he has done on multiple occasions because of rate hikes last year, Kudlow said presidents are allowed to have and vocalize an opinion.

"People are all up in arms because the president dares to talk about the Fed. And I just think that's wrong," Kudlow said. "He's not trying to end the Fed's independence, he's not storming the walls, but he has opinions. And he's the president of the United States, he appoints the members to the Fed.

"So my take has been recognizing Fed independence, why shouldn't the president have opinions? By the way, past presidents have too."

From the White House — Larry Kudlow, director of the National Economic Council, sits down with Newsmax CEO Chris Ruddy to discuss the state of our economy, Trump’s agenda, and threat of socialism. See Larry with Chris on Newsmax TV Thursday at 6PM & 9PM ET via Directv 349, Xfinity 1115, Dish 216, Uverse 1220, Fios 615, Spectrum (see channels), or More Info Here

Source: NewsMax Politics

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Even MSM Admits Beto Is A Cult Leader

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Source: InfoWars

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Sheriff: Deputy fatally shoots armed man outside home

Authorities say a sheriff's deputy in Maryland shot and killed a man armed with a gun outside a home where a break-in had been reported.

The Frederick County Sheriff's Office said in a statement that no officers were injured in the shooting early Monday in Thurmont, a town near the Pennsylvania line.

The sheriff's office says 26-year-old Abraham Arellano refused to put down a handgun he was holding before a deputy fatally shot him once with a rifle.

A few hours before the shooting, a Thurmont Police Department officer had helped a woman who lives at the home apply for a protective order against Arellano.

The sheriff's office says investigators believe Arellano was suicidal and had called in the break-in report with a description of himself as the suspect.

Source: Fox News National

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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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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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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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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