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Five Algerian billionaires arrested as part of anti-graft investigation: State TV

FILE PHOTO: Demonstrators hold flags and banners as they return to the streets to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika's resignation in Algiers
FILE PHOTO: Demonstrators hold flags and banners as they return to the streets to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika's resignation in Algiers, Algeria April 19, 2019. REUTERS/Ramzi Boudina should/File Photo

April 22, 2019

By Lamine Chikhi and Hamid Ould Ahmed

ALGIERS (Reuters) – Five Algerian billionaires, some of them close to former president Abdelaziz Bouteflika who quit over mass protests, have been arrested as part of an anti-graft investigation, state TV said on Monday.

The five are Issad Rebrab, considered the richest businessman in the energy-rich north African nation who is especially active in the food and sugar refining business, and four brothers from the Kouninef family, it said.

Rebrab is chairman of the family-owned Cevital company, which imports raw sugar from Brazil and exports white sugar to Tunisia, Libya and elsewhere in the Middle East.

The Kouninef family is close to Bouteflika, who ruled Algeria for 20 years. Bouteflika stepped down three weeks ago, bowing to pressure from the army and weeks of demonstrations by mainly younger Algerians seeking change.

There was no immediate statement from those arrested.

The move came after Algeria’s army chief, Lieutenant General Gaid Salah, said last week he expected members of the ruling elite in the major oil and natural gas-producing country to be prosecuted for corruption.

An Algerian court has already summoned former prime minister Ahmed Ouyahia and current Finance Minister Mohamed Loukal, two close associates of Bouteflika, in an investigation into suspected misuse of public money, state TV said on Saturday.

Mass protests, which began on Feb. 22 and have been largely peaceful, have continued after Bouteflika’s resignation as many want the removal of an entire elite that has governed Algeria since independence from France in 1962. They also want the prosecution of people they see as corrupt.

Bouteflika has been replaced by Abdelkader Bensalah, head of the upper house of parliament, as interim president for 90 days until a presidential election is held on July 4.

Hundreds of thousands protested on Friday to demand the resignation of Bensalah and other top officials.

Bensalah has invited civil society and political parties on Monday to discuss the transition to elections but several parties and activists said they would not participate.

The army has so far patiently monitored the mostly peaceful protests that at times have swelled to hundreds of thousands of people. It remains the most powerful institution in Algeria, having swayed politics from the shadows for decades.

Salah said on April 16 that the military was considering all options to resolve the political crisis and warned that “time is running out”.

It was a hint that the military was losing patience with the popular upheaval shaking Algeria, a major oil and natural-gas exporter and an important security partner for the West against Islamist militants in north and west Africa.

(Reporting Lamine Chikhi and Hamid Ould Ahmed; writing by Maher Chmaytelli and Ulf Laessing; Editing by Gareth Jones)

Source: OANN

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Danish lawmaker: euroskeptic EU alliance can have influence

A senior member of a Danish anti-immigration populist party says he hopes a new right-wing alliance "can have real influence on European policy for the first time ever" before next month's European Parliament elections.

Soeren Espersen, deputy leader of the euroskeptic Danish People's Party, was referring to the April 8 creation of an alliance with populist parties from Italy, Denmark, Germany and Finland.

He said one of things that really matter to him and his party is stopping mass immigration.

Elections to the European Parliament are held May 23-26 throughout the bloc.

Espersen spoke Friday as France's Marine Le Pen, whose National Rally party is to join the alliance in May, was visiting.

Source: Fox News World

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76-year-old man charged with killing wife last seen in 1981

A 76-year-old man was charged Thursday with killing his wife nearly 40 years ago and plotting to murder a suburban Philadelphia police sergeant who investigated the case in the 1980s.

William W. Korzon, of East Prospect, Pennsylvania, was charged with criminal homicide in the death of Gloria Korzon, who has not been seen or heard from since 1981.

William Korzon, who is known as Bill, was jailed after being arraigned at district court in Jamison, and court workers said no attorney appeared for him at the hearing. He was also charged with solicitation to commit criminal homicide, forgery and perjury.

He denied killing Gloria Korzon after the arraignment.

As he was led from the courthouse Thursday, he told reporters "she went to Florida" and that he has no idea where her body is.

Gloria Korzon, who would be 75 years old, was declared dead in 1997.

Gloria Korzon's brother, Ralph Kidder, of Springfield, Massachusetts, said the arrest gave him hope.

"It's been a long time waiting to have justice," Kidder said Thursday. "Until we find out what happened and where she is, it's still not going to be put to rest. This is a step in the right direction, but until we absolutely know, it's still not over."

A police affidavit said Korzon repeatedly abused his wife over many years. Kidder said the couple met while working at an electronics plant in Chicopee, Massachusetts.

About a year after their 1967 marriage in Massachusetts, he was committed to a psychiatric facility following an arrest on charges he threatened to kill her.

The abuse continued after the couple moved to Pennsylvania in 1968, police said in the affidavit. The couple had no children.

"During these incidents of domestic violence, Gloria suffered multiple injuries, including a broken arm, a broken collarbone, damage to her nasal bone and a black eye. Many of these injuries required hospitalizations," police said. Gloria Korzon documented the abuse in letters to her attorney.

Gloria Korzon was last seen working at an electronics plant in the Philadelphia suburb of Horsham on March 6, 1981. A few days later, police said, Bill Korzon told her employer to terminate her because of mental and physical health problems, retrieved her belongings and directed that her last paycheck be mailed to their home.

"In the months and years following Gloria's disappearance, Bill Korzon engaged in a series of actions to lie, conceal and profit from it," police said.

He allegedly forged her signatures on two checks in 1981 and filed a joint tax return months after she disappeared, police said.

A tenant who lived in the Korzon home in 1981 told police five years later that Korzon had asked him to help ambush and kill a Warrington Township Police sergeant who was investigating Gloria Korzon's disappearance, the charging documents allege.

The Bucks County Courier Times said police dug up the Korzon home's yard in 1986, but found only the remains of a dog.

Police said that Korzon told them earlier this year he had battered his wife for years, including breaking her collar bone.

"Korzon further admitted that following the date that Gloria was last seen alive, he forged Gloria's final paycheck, credit union check and tax return so that he could illegally access Gloria's money," the affidavit said. "He further admitted to having perjured himself during a 1988 Orphan's Court hearing that he initiated, in order to determine what percentage of property he was entitled to from Gloria's estate."

During the police interview this year, investigators say, Korzon admitting signing a 1981 Mother's Day card in Gloria Korzon's name and sending it to her mother to make her think her daughter was still alive.

He's also alleged to have asked investigators this year: "Did you find the body?"

Source: Fox News National

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US Secretary of State visits Venezuelan migrants in Colombia

U.S. Secretary of State Mike Pompeo is visiting with Venezuelan migrants in Colombia as he wraps up a four-nation tour of South America aimed at pressuring Venezuela's socialist leader, Nicolas Maduro.

Pompeo arrived Sunday at a migrant center in the border town of Cucuta with Colombia President Ivan Duque. Not far away Venezuelan security forces sat on high alert at the Simon Bolivar international bridge separating the two countries.

The migrant center has been the first stop for some of the more than 3 million Venezuelans who have fled hyperinflation and political upheaval in their homeland.

The U.S. was the first of more than 50 nations that in January recognized opposition leader Juan Guaidó as Venezuela's interim president. But significant popular support for Guaidó hasn't loosened Maduro's grip on power.

Source: Fox News World

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Tesla’s Musk nears deadline to respond to U.S. SEC contempt bid

Musk looks on at SpaceX Falcon 9 post-launch news conference in Cape Canaveral
FILE PHOTO: SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. REUTERS/Mike Blake

March 11, 2019

Tesla Inc Chief Executive Elon Musk has until the end of the day on Monday to explain why he should not be held in contempt for recent tweets that U.S. securities regulators say violated a September fraud settlement.

The U.S. Securities and Exchange Commission asked a federal court in Manhattan to hold Musk in contempt after he tweeted about Tesla’s production volume, saying he breached the agreement requiring him to get company approval before sharing any material information on social media.

The renewed public battle between Tesla’s CEO and the SEC adds pressure on Musk, the public face of the electric vehicle-maker who is struggling to make it profitable after cutting the price of its Model 3 sedan to $35,000.

Musk on Feb. 19 tweeted to his more than 24 million Twitter followers that Tesla would make around 500,000 cars in 2019.

He corrected the tweet four hours later to say the annualized production rate at year-end 2019 would probably be about 500,000, with deliveries of about 400,000.

A lawyer for Tesla and Musk told the SEC that the CEO believed the substance of the tweet had been pre-approved and disseminated when the company released fourth-quarter earnings in January.

The September settlement between Musk, Tesla and the SEC resolved an SEC lawsuit over claims Musk made on Twitter in August that he had “funding secured” to take Tesla private at $420 per share. The SEC called those tweets “false and misleading” and a go-private deal never materialized.

As part of that settlement, Musk stepped down as the company’s chairman and he and Tesla agreed to pay $20 million each in fines.

Musk had called the regulator the “Shortseller Enrichment Commission” after the settlement, and tweeted that “something is broken with SEC oversight” just one day after the SEC started pursuing the contempt order. Hours later, U.S. District Judge Alison Nathan set a March 11 deadline for Musk to respond.

Legal experts have said the SEC could now pursue multiple avenues, including a higher fine, imposing further restrictions on Musk’s activities or removing him from Tesla’s board or helm.

Tesla published a new communications policy in December for executives as part of the settlement. It called for Tesla’s general counsel and a newly designated in-house securities law attorney to pre-approve any written statements about Tesla that could be material.

A disclosure controls committee, made up of board members Brad Buss, Antonio Gracias and James Murdoch, was tasked with overseeing compliance with the new policy.

(Reporting By Alexandria Sage; Editing by Meredith Mazzilli)

Source: OANN

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The precarious perch of a potential Pentagon chief

With no other candidate emerging as the clear front-runner, expectations inside the Pentagon are that Patrick Shanahan will soon be nominated as the next secretary of defense and that he likely would win Senate confirmation.

Shanahan, a former Boeing executive, would be the first career defense industry executive to serve as defense secretary.

He has been the acting secretary since Jim Mattis left Dec. 31. Since then, Shanahan has avoided public missteps while handling such politically sensitive issues as sending military reinforcements to the U.S.-Mexico border.

Some have questioned whether his background amounts to an inherent conflict of interest for a defense secretary presiding over a multi-billion-dollar procurement budget. But Michael O'Hanlon, an analyst at the Brookings Institution, says that experience in defense industry issues could work to Shanahan's benefit.

Source: Fox News National

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New Zealand citizens open to gun reform after massacre

The New Zealand leader's promise of tightened gun laws in the wake of the Christchurch mosque shootings has been widely welcomed by a stunned population.

Prime Minister Jacinta Ardern said her Cabinet will consider the details of the change on Monday. She has said options include a ban on private ownership of semi-automatic rifles that were used with devastating effect in Christchurch and a government-funded buyback of newly outlawed guns.

Christchurch gun owner Max Roberts predicted Ardern won't face serious opposition to her in-principle agenda.

Elliot Dawson survived the shooting at Christchurch's Linwood mosque by hiding in a bathroom. She hopes New Zealand follows Australia's lead on gun control.

Australia's virtual ban on private ownership of semi-automatic rifles cut the size of the country's civilian arsenal by almost a third.

Source: Fox News World

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

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

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

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

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

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

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

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

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

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

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

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

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

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

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

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

‘DISMANTLE THE NETWORKS’

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

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

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

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

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

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

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

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.

Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.

“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.

“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”

STUART VARNEY: THANKS TO TRUMP, AMERICANS ARE FEELING BETTER ABOUT THEIR FINANCES

39 MILLION ADULTS CANNOT AFFORD A SUMMER VACATION

Kudlow added that Trump has “ended the war” on business and success, and is rallying for the small business owners of America.

“The president is rebuilding incentives, he is rebuilding confidence, he the rebuilding optimism,” he said. “He is basically saying you should keep more of what you earn. He is basically saying to small businesses we’ll cut the paperwork back and make it easier for you to start a business and prosper.”

CLICK HERE TO GET THE FOX NEWS APP

Kudlow said the Trump administration is also working with House Speaker Nancy Pelosi and other Democratic leaders to implement bipartisan deals to ensure the continuation of the GDP’s success.

“If the policies and the principles remain in place — and I believe they will — then I believe this new prosperity expansion cycle is going to go on for a whole bunch of more years,” he said.

Source: Fox News Politics

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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President Donald Trump says he feels “young” and “vibrant” at age 72 and thinks he can beat 76-year-old Joe Biden “easily.”

A reporter asked Trump at the White House on Friday how old is too old to be president of the United States.

Trump said: “I just feel like a young man. I’m so young. I can’t believe it. … I’m a young vibrant man.”

Then he smiled and said he’s not sure about Democratic presidential contender Biden, the second-oldest contender in the race behind Bernie Sanders.

Trump said: “I look at Joe. I don’t know about him.”

Biden, in an interview on ABC’s “The View,” joked in response that if Trump “looks young and vibrant compared to me, I should probably go home.”

Source: NewsMax Politics

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