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Nearly 5,000 bankers in EU earn more than $1 million a year: watchdog

FILE PHOTO: EU flags fly outside the European Commission headquarters in Brussels
FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 6, 2019. REUTERS/Yves Herman

March 11, 2019

By Huw Jones

LONDON (Reuters) – The number of bankers in the European Union paid over a million euros ($1.1 million) a year rose in 2017 to nearly 5,000, even after regulators capped bonuses.

Most of them were based in Britain, according to data from the European Banking Authority (EBA), but as the country is due to leave the bloc at the end of this month some highly paid bankers are expected to move from London to staff new hubs on the continent.

EBA said on Monday that 4,859 bankers were paid more than a million euros in 2017, including bonuses, up from 4,597 in 2016.

After taxpayers bailed out lenders during the financial crisis a decade ago, the EU capped bonuses from 2014 to no more than basic salary, or twice that amount with shareholder approval.

EBA said the average ratio between variable and fixed pay for the high earners continues to fall, down from 104 percent in 2016 to 101.08 percent in 2017 as the cap bites. It was 123 percent in 2014 and 118 percent in 2015.

The higher earners were predominantly based in Britain, totaling 3,567 in 2017 or 73.3 percent – 38 more than in 2016. Germany had 390 in 2017, Italy 201, France 233, and Spain 161.

Many big London-based banks have since opened new hubs elsewhere in the European Union in preparation for business after Brexit.

Britain had opposed the introduction of the bonus cap, saying it would prompt banks to blunt its impact by raising basic pay, making it harder for lenders to cut costs in a market downturn.

EU financial rules have been embedded into UK law as part of Britain’s preparations for Brexit on March 29.

Bank of England Governor Mark Carney has hinted that the bonus cap could be among the bloc’s rules that are reviewed by the UK in future, but not at the risk of damaging overall resilience in the sector.

(Graphic: EBA link: https://tmsnrt.rs/2CcxFRa).

As bankers come under pressure to rein in bonuses, asset managers are escaping the full impact of the cap.

EBA said that in the banks’ business area of asset management, the average ratio of variable to fixed remuneration increased from 358 percent in 2016 to 402 percent in 2017, still far exceeding the maximum ratio of 200 percent.

“Several member states allow the application of waivers for staff in this business area, although CRD IV (EU bank capital rules) does not explicitly provide for this possibility,” EBA said in its review.

(Reporting by Huw Jones; Editing by Susan Fenton)

Source: OANN

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'First in the nation' election tradition in New Hampshire at risk

DIXVILLE NOTCH, N.H. — Every four years, at the stroke of midnight, a small New Hampshire town 20 miles south of the Canadian border with fewer than a dozen residents is thrust into the national spotlight.

The town of Dixville Notch comes together to cast its primary votes all at once, the minute the polls open, billing itself as the very first in the nation.

"Every four years, Dixville voters get their five minutes of fame," said Tom Tillotson, the town's election moderator. "Four minutes later, everybody's forgotten about us for another four years."

But the tradition is now at risk.

LAWMAKERS RE-ELECT GUARDIAN OF NEW HAMPSHIRE PRIMARY, DESPITE WORK ON TRUMP ELECTION COMMISSION

This comes amid scrutiny of the 2016 contest in Dixville Notch from election investigators at the New Hampshire Attorney General's office, New Hampshire Public Radio reports.

Dixville Notch Election Moderator Tom Tillotson prepares to count the ballots in the 2016 election, in which several votes were disputed. (FOX NEWS)

Dixville Notch Election Moderator Tom Tillotson prepares to count the ballots in the 2016 election, in which several votes were disputed. (FOX NEWS)

"We noticed some irregularities in the way that they were running their elections," said Assistant Attorney General Matthew Broadhead, who oversees the Election Law Unit. "And so we broadened the inquiry to the election officials as well."

Broadhead said that his team found some votes in the 2016 election were cast by individuals who did not live in the town, along with several other inconsistencies in the voter registration process. They were tipped off by a neighboring town's clerk who identified residents in her town watching coverage of the Dixville Notch primary, the Attorney General's preliminary report said.

Eight people voted in Dixville Notch in 2016. Since the investigation began, the voter roll is down to just five — the minimum amount of people needed for the town to hold an election in the state of New Hampshire.

Those five people are Tillotson, his wife, his son, and two people working to reopen the shuttered Balsams Resort in the center of town.

In its heyday, the Balsams used Dixville Notch's elections as an attraction in the slow winter months in the North Country.

CASTRO TOUTS EXPERIENCE, POLICY SPECIFICS, AS HE CONTRASTS HIMSELF WITH BETO O’ROURKE

Since 2011, the 150-year-old resort has sat vacant in the serenity of New Hampshire's wilderness. When Balsams and a nearby factory closed, it took all of the people working there with it, leaving a ghost town.

The Balsams Resort in Dixville Notch has sat vacant since 2011. (ROB DIRIENZO / Fox News)

The Balsams Resort in Dixville Notch has sat vacant since 2011. (ROB DIRIENZO / Fox News)

Although there are now several other small New Hampshire towns that participate in midnight voting, in 1960 Dixville Notch became the first. Tillotson said Dixville Notch is emblematic of full democracy in action.

"The whole point of Dixville voting Is not to get publicity," Tillotson said. "The whole point is to encourage people to get out and vote—to lead by example. Here's a little town where a hundred percent of the population gets up at midnight. That's not easy."

Although Dixville Notch dubs itself "First in the Nation," several other small New Hampshire towns participate in the tradition. (ROB DIRIENZO / Fox News)

Although Dixville Notch dubs itself "First in the Nation," several other small New Hampshire towns participate in the tradition. (ROB DIRIENZO / Fox News)

While the fate of the tradition rests on the Balsams project, elsewhere in the state a slew of proposed changes to New Hampshire voting laws could completely transform elections in the state.

In the state legislature, which Democrats recently regained control of, close to 60 bills have been proposed to change nearly every facet of the election process. Some bills seek to reform lobbying rules and how campaigns are funded, while much of the focus has been on voter eligibility rules.

LARRY HOGAN, POTENTIAL TRUMP PRIMARY CHALLENGER, HEADED TO NEW HAMPSHIRE IN APRIL

The New Hampshire American Civil Liberties Union has sued the state, claiming a new law requiring a drivers' license to vote is unconstitutional.

"Now, anybody who votes in New Hampshire will have to get a New Hampshire driver's license and register their car in New Hampshire and that can cost hundreds of dollars here," said Henry Klementowicz, staff attorney for the New Hampshire ACLU. "That is a fee that they'll have to pay simply as a consequence of voting. So we think that's a poll tax and that's wrong."

While that lawsuit is pending, Democrats in New Hampshire legislature will have an uphill battle passing legislation with Republican Gov. Chris Sununu in the governor's mansion.

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Meanwhile, back at Dixville Notch, Tillotson hopes the Balsams project will prevail so the tradition will live to see the 2020 election.

"I don't think I've accepted yet that Dixville Notch midnight voting is over," Tillotson said, looking downward. "So I'm optimistic. As I said there's a lot of good stuff happening inside. This project is looking forward more to go forward."

Source: Fox News Politics

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Libyan forces push back Haftar’s troops south of Tripoli: witnesses

Members of Libyan internationally recognised government forces ride a tank taken over from Eastern forces, south western Tripoli
Members of Libyan internationally recognised government forces ride a tank taken over from Eastern forces, south western Tripoli, Libya April 23, 2019. REUTERS/Hani Amara

April 23, 2019

By Hani Amara and Ulf Laessing

HIRA, Libya/TRIPOLI (Reuters) – Forces supporting Libya’s internationally recognized government pushed back troops loyal to eastern commander Khalifa Haftar to more than 60 km (37 miles) southwest of the capital Tripoli on Tuesday, Reuters reporters said.

The town of Aziziya was fully under the control of the Tripoli forces, with shops reopening after days of fighting, a Reuters team at the scene said.

Haftar’s Libyan National Army (LNA), which is allied to a rival government in eastern Libya, mounted an offensive on Tripoli almost three weeks ago but despite heavy fighting last week it has failed to breach the city’s southern defences.

In recent days, forces backing the Tripoli administration have pushed back the LNA in some areas.

But fighting still raged in some southern suburbs on Tuesday, with shelling heard throughout the day even in central Tripoli, residents said.

The Reuters team driving south of Aziziya through villages on the road to Hira saw several burnt-out cars belonging to Haftar’s forces and five dead fighters.

The Reuters reporters made it to about 25 km (16 miles) from Gharyan, the forward base for Haftar’s offensive to take Tripoli. The town could still be a challenge to recapture as it lies in the mountains starting after Hira.

One tired-looking LNA prisoner sat on the back of a pickup truck. The Tripoli forces had also seized two Soviet-made tanks from the arsenal of former ruler Muammar Gaddafi, one of them heavily damaged.

As the Reuters team was about to leave, rockets were fired nearby from LNA positions.

According to United Nations figures 264 people, including 21 civilians, have been killed by the fighting since April 5 and 1266 wounded, including 69 civilians. About 32,000 civilians have fled their homes for safer areas.

The latest military action is a setback to Haftar’s plans to install himself as ruler of the whole country and could ease a dangerous situation that has divided and confounded foreign governments with an interest in Libya.

However, the front remains fluid and his fortunes could change again. Both sides have gained and lost territory within days or even hours.

If a ceasefire is called as demanded by the United Nations, the LNA would have still gained a considerable amount of territory despite.

The North African country has been in state of chaos since Gaddafi was toppled in 2011 with Western intervention, and the latest flare-up threatens to disrupt oil flows and leave a power vacuum that Islamist militants could exploit.

Libya is also the main departure point for migrants from elsewhere in Africa trying to reach Europe across the Mediterranean, a big concern for European Union nations.

Migrants in a detention facility in Qasr Ben Ghashir district, which has been fought since the start of the offensive, have reportedly seriously wounded in random shooting, the U.N. migration agency IOM said. It gave no more details.

Some 3,600 migrants remain trapped in detention centres near the frontline, the U.N. said in a statement.

“The situation in these detention centres is increasingly desperate, with reports of guards abandoning their posts and leaving people trapped inside,” the U.N. said. In one facility – Gharyan – has reportedly been without drinking water for days.”

(Reporting by Hani Amara, Ayman Salhi, Ulf Laessing and Stephanie Nebehay; Writing Ulf Laessing, Editing by Angus MacSwan and Grant McCool)

Source: OANN

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Texas freshman Hayes declares for NBA draft

FILE PHOTO: NCAA Basketball: Texas Christian at Texas
FILE PHOTO: Mar 9, 2019; Austin, TX, USA; Texas Longhorns forward Jaxson Hayes (10) dunks over TCU Horned Frogs forward Kouat Noi (12) and center Kevin Samuel (21) in the second half at Frank Erwin Center. Mandatory Credit: Stephen Spillman-USA TODAY Sports

April 11, 2019

Texas Longhorns freshman Jaxson Hayes has declared for the NBA draft and will hire an agent, the school announced Thursday.

“I have always dreamed about playing in the NBA. Now that I have the chance to realize that dream, I would like to pursue that opportunity,” Hayes said in a statement.

The 6-foot-11 forward averaged 10 points and 5.0 rebounds in his only season with the Longhorns. He started 21 of 32 games and shot 72.8 percent from the floor.

The Big 12 Freshman of the Year is a potential lottery pick, according to several draft outlets. ESPN ranks him as the No. 9 prospect.

–Field Level Media

Source: OANN

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Banker: Fake German heiress spoke the 'language' of finance

Anna Sorokin, the alleged con artist accused of passing herself off as a wealthy German heiress, spoke "the language" of the financial world and persuaded a New York banker to loan her $100,000 that she never repaid, a witness told a Manhattan jury Thursday.

Banker Ryan Salem detailed a lengthy back-and-forth in which Sorokin lobbied City National Bank for a multimillion-dollar loan to finance a private arts club she purported to be building.

The bank denied that request but, despite a host of red flags, agreed to lend her $100,000 that Sorokin promised to repay within days.

"We always believed that she had money," Salem said, referring to a fortune of some $67 million (60 million euros) that Sorokin claimed to have at her disposal overseas. "She seemed to speak the language. She understood the financial jargon that you need to know to interact and transact in this environment."

The testimony came on the second day of Sorokin's grand larceny and theft of services trial in state court in Manhattan.

Prosecutors say Sorokin bilked friends, banks and hotels to the tune of $275,000 over a 10-month period, living a life of luxury in New York City on swindled funds. Using the name Anna Delvey, she sported high-end clothing and adopted a jet-setting lifestyle that prosecutors said she could not afford.

Her defense attorney has said she never intended to commit a crime.

Jurors viewed dozens of emails Thursday between Salem and Sorokin, who became increasingly hard to pin down when the bank demanded repayment.

Salem, who spent the day on the witness stand, said his dealings with Sorokin hurt his credibility within the bank.

"I went to bat for somebody who at the end of the day was not somebody to go to bat for," he said.

Source: Fox News National

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Venezuelan opposition leader's wife emerges as potent force

With her youthful energy and globe-trotting, the 26-year-old wife of Venezuelan opposition leader Juan Guaido is emerging as a prominent figure in his campaign to bring change to the crisis-wracked country.

Fabiana Rosales' age and informal dress, often jeans, while touring Latin America belie an inner toughness and maturity cultivated with her activist husband during street protests in Venezuela's capital. Her husband has since claimed Venezuela's interim presidency, setting up a standoff with President Nicolas Maduro.

"Look, I am the wife of President Juan Guaido and I will accompany him on whatever route he takes and we will overcome whatever obstacles we face as we have done through all our years together," Rosales said during an interview. "But I got involved in politics because I want to change my country."

Source: Fox News World

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Thomas Cook approached by potential bidders: Sky News

Illustration photo of a Thomas Cook logo
The Thomas Cook logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration

April 20, 2019

(Reuters) – Thomas Cook has been tentatively approached about a takeover of its tour operating unit, or the entire company, by several parties as its lenders prepare for crunch talks over the state of its finances, Sky News reported on Saturday.

The company, which has put its airline business up for sale, last month announced a review of its money division to help focus on its core holiday business after a rough 2018.

Citing unnamed sources, Sky News reported https://news.sky.com/story/bidders-try-to-land-thomas-cook-as-lenders-chart-new-course-11698817U.S. private equity firm KKR & Co and Swedish buyout group EQT Partners were potential bidders for the group, while China’s Fosun International was understood to be among those to have lodged a preliminary interest in the tour business.

Thomas Cook, the world’s oldest tour operator, has brought in advisers from AlixPartners to work on its balance sheet and cost-reduction plans, while its syndicate of more than a dozen lenders has hired FTI Consulting to advise on their financial exposure to the company, the report added.

Thomas Cook and KKR said they won’t be commenting on the report. EQT declined to comment, while Fosun could not be immediately reached for comment.

(Reporting by Sathvik N in Bengaluru; Editing by David Holmes)

Source: OANN

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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Good morning and welcome to Fox News First. Here’s a look at what you need to know today …

EXCLUSIVE: Trump says ‘Sleepy Joe’ Biden doesn’t have what it takes

President Trump, in a wide-ranging, exclusive phone interview with Fox News’ Sean Hannity, dismissed the launch of former Vice President Joe Biden’s presidential campaign, nicknaming him “Sleepy Joe” and saying he’s “not the brightest bulb.” Biden, the president said, has name recognition but he won’t “be able to do the job.” When asked about Sen. Bernie Sanders, I-Vt., Trump criticized his record, saying Sanders had “misguided energy” and asserted that Sanders “talks a lot” but hasn’t accomplished anything. The president referred to former U.S. Rep. Beto O’Rourke of Texas as “a fluke” who had lost much momentum and outright dismissed Sen. Kamala Harris, D-Calif., and South Bend, Ind., Mayor Pete Buttigieg — although he said he was “rooting” for Buttigieg. (Trump could address Biden and the other Democratic presidential candidates when he speaks today before the National Rifle Association.)

The Democratic Party’s youth movement: Biden’s biggest challenge?
Former Democratic National Committee (DNC) chair Howard Dean warned Joe Biden about the troubles he may face in his presidential campaign, especially from the “35-year-olds” who Dean says have been running the party — a clear nod to Rep. Alexandria Ocasio-Cortez, D-N.Y., and fellow freshmen Democrats. “This is a very different party than even the party Joe Biden ran in in 2012. Very different,” Dean continued. “A lot of people could win this race. There’s 20 people in there. I think it’s going to take $20 million to get to the starting line. If you can’t raise $20 million, you’re gone, and I think that’s going to take care of about six or eight of these folks. … But it is not the same party that it was five years ago.” A progressive political group that boosted Ocasio-Cortez’s bid for Congress last year vowed to oppose Biden and blasted him as part of the “old guard.”

More tales from the FBI texts
Text messages between former FBI officials Peter Strzok and Lisa Page indicate they discussed using briefings to the Trump team after the 2016 election to identify people they could “develop for potential relationships,” track lines of questioning and “assess” changes in “demeanor” – language one GOP lawmaker called “more evidence” of irregular conduct in the original Russia probe. Fox News has learned the texts, initially released in 2018 by a Senate committee, are under renewed scrutiny, with GOP Sen. Chuck Grassley and Homeland Security Committee chair Ron Johnson sending a letter Thursday night to Attorney General Bill Barr pushing for more information on the matter. President Trump, speaking on Fox News’ “Hannity” Thursday night, responded to this report by accusing Strzok and Page of an attempted “coup.” “They were trying to infiltrate the administration,” he said.

Kim accuses US of acting in ‘bad faith’
North Korean leader Kim Jong Un, fresh off his summit with  Russian President Vladimir Putin, said the U.S. has been acting in “bad faith” since his Hanoi meeting with President Trump over the stalemated issue of North Korean denuclearization. The North Korean leader told the Korean Central News Agency that, “the situation on the Korean Peninsula and the region is now at a standstill and has reached a critical point,” the Straits Times of Singapore reported. Kim warned that the situation “may return to its original state as the U.S. took a unilateral attitude in bad faith at the recent second DPRK-US summit talks,” the Korean Central News Agency added.

NFL Draft 2019: It’s all about defense
The first round of the 2019 NFL Draft saw a run on defensive players, with eight of the top 12 picks in Nashville coming from that side of the ball. After Oklahoma quarterback Kyler Murray was taken first overall by the Arizona Cardinals, the San Francisco 49ers started a run of four straight front-seven players by taking Ohio State defensive end Nick Bosa with the second overall pick — the highest draft slot for any Buckeye since left tackle Orlando Pace went No. 1 overall to the St. Louis Rams in 1997.

CLICK HERE TO GET THE FOX NEWS APP.

TODAY’S MUST-READS
Fox News’ Ed Henry recalls spending time with Celtics great John Havlicek.
Massachusetts judge accused of helping illegal immigrant evade ICE pleads not guilty.
Rosenstein slams Obama administration for choosing ‘not to publicize full story’ of Russia hacking.
F.H. Buckley: What Democrats have forgotten about citizenship.

MINDING YOUR BUSINESS
Amazon crushes earnings expectations, but revenue growth slows.
Low-tax states among best places to make a living in 2019.
Construction job market booming: These states are hiring.

#TheFlashback
2018: Bill Cosby is convicted of drugging and molesting Temple University employee Andrea Constand at his suburban Philadelphia mansion in 2004; it is the first big celebrity trial of the #MeToo era.
1986: An explosion and fire at the Chernobyl nuclear power plant in Ukraine causes radioactive fallout to spew into the atmosphere. (Dozens of people are killed in the immediate aftermath of the disaster while the long-term death toll from radiation poisoning is believed to number in the thousands.)
1977: Notorious nightclub Studio 54 opens in New York.

SOME PARTING WORDS

Watch the “Special Report” panel take a look at former Vice President Joe Biden’s decision to run for president a third time and the battle for the “soul” of America.

Not signed up yet for Fox News First? Click here to find out what you’re missing.

CLICK HERE to find out what’s on Fox News programming today and over the weekend!

Fox News First is compiled by Fox News’ Bryan Robinson. Thank you for joining us! Have a good day and weekend! We’ll see you in your inbox first thing Monday morning.

Source: Fox News National

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Joe Biden’s brain surgeon said his former patient is “totally in the clear” as speculation over the candidate’s health — with Biden possibly becoming the oldest president in U.S. history — is likely to become a campaign issue.

The former vice president, who had been perceived by many as the strongest potential contender for the Democratic Party’s 2020 presidential nomination, formally announced his candidacy Thursday.

But Biden’s age – 76 – is expected to become a source of attacks from a younger generation of Democrats not because of obvious generational differences, but possibly for actual health concerns if Biden gets into office.

WHY THE MEDIA ARE CONVINCED JOE BIDEN WILL IMPLODE

Biden himself agreed last year that “it’s totally legitimate” for people to ask questions about his health if he decides to run for president, given his medical history — which has included brain surgery in 1988.

“I think they’re gonna judge me on my vitality,” Biden told “CBS This Morning.” “Can I still run up the steps of Air Force Two? Am I still in good shape? Am I – do I have all my faculties? Am I energetic? I think it’s totally legitimate people ask those questions.”

“I think they’re gonna judge me on my vitality. …  I think it’s totally legitimate [that] people ask those questions.”

— Joe Biden

But Dr. Neal Kassell, the neurosurgeon who operated on Biden for an aneurysm three decades ago, told the Washington Examiner that Biden appears to be “totally in the clear” — and even joked that the operation made Biden “better than how he was.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it,” Kassell said. “That’s more than I can say about all the other candidates or the incumbents.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it.”

— Dr. Neal Kassell

BIDEN’S CLAIM HE DIDN’T WANT OBAMA TO ENDORSE TRIGGERS MOCKERY

At the same time, however, Biden hasn’t been forthcoming about his health at least since 2008 when he released his medical records as a vice presidential candidate. The disclosure that time revealed some fairly minor issues such as an irregular heartbeat in addition to detailing previous operations, including removing a benign polyp during a colonoscopy in 1996, the outlet reported.

It remains unclear if Biden had more aneurysms. Some medical experts say that people who have had an aneurysm can have another one.

An aneurysm, or a weakening of an artery wall, can lead to a rupture and internal bleeding, potentially placing a patient’s life in jeopardy.

Biden won’t be the only Democrat grappling with old age. Sen. Bernie Sanders, another 2020 frontrunner, is currently 77 years old and agreed with Biden last year that their ages will be an issue in the race.

“It’s part of a discussion, but it has to be part of an overall view of what somebody is and what somebody has accomplished,” Sanders told Politico.

“Look, you’ve got people who are 50 years of age who are not well, right? You’ve got people who are 90 years of age who are going to work every day, doing excellent work. And obviously, age is a factor. But it depends on the overall health and wellbeing of the individual.”

CLICK HERE TO GET THE FOX NEWS APP

Sanders released his medical records in 2016, with a Senate physician saying in a letter that the senator was “in overall very good health.”

Source: Fox News Politics

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German carmaker Daimler endured a weak start to the year, echoing troubles at other major manufacturers, as sales in the big Chinese market stuttered.

The company said Friday that its net income fell to 2.1 billion euros ($2.3 billion) in the first quarter from 2.3 billion euros during the same period a year earlier, while revenue dipped to 39.7 billion euros from 39.8 billion euros.

Vehicle sales fell 4% to 773,800 units, with a double-digit percentage drop in China offsetting gains in other markets like the U.S. and Europe.

The company said there were also problems with high inventories and bottlenecks in the supply chain.

Chairman Dieter Zetsche said that “we cannot and will not be satisfied with this — as expected — moderate start to the year.”

Source: Fox News World

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