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EU issues $20 billion list of U.S. imports for tariffs in Boeing case

European Union flags fly outside the European Commission headquarters in Brussels
FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman

April 17, 2019

BRUSSELS (Reuters) – The European Commission published on Wednesday a list of $20 billion worth of U.S. imports it could hit with tariffs in a transatlantic aircraft subsidy dispute.

The United States and the European Union have been battling for almost 15 years at the World Trade Organization over subsidies given to U.S. planemaker Boeing and its European rival Airbus.

The Commission’s list of U.S. imports, now subject to public consultation, includes fish, tobacco, suitcases, planes, helicopters, tractors and video game consoles.

(Reporting by Philip Blenkinsop; Editing by Alissa de Carbonnel)

Source: OANN

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Ex-Catalan leader: EU ballot opens door to return to Spain

The former president of Spain's Catalonia region who fled the country after leading an attempt to secede in 2017 says he will return if he is elected to the European Parliament in May.

Spanish authorities consider Carles Puigdemont a fugitive, but he told Catalan radio Rac1 in an interview Tuesday that being a European lawmaker would entitle him to immunity from prosecution in the bloc.

Spanish officials made no immediate comment.

The 56-year-old politician fled to Brussels after the failed secession effort, which has landed other Catalan officials in court.

He has successfully fought his extradition to Spain from both Germany and Belgium.

JxCat — or Together for Catalonia, which includes the conservative separatist PDeCat party — says Puigdemont will be its main candidate in the May 26 ballot.

Source: Fox News World

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California high school’s senior ‘prank’ reportedly involved letter mandating genital inspection

A senior "prank" drew the attention of California high school officials earlier this week when a letter — apparently with official school letterhead — stated that all seniors would be inspected in a "highly inappropriate" manner.

The letter circulated among students at North Monterey County High School in Castroville through Snapchat, the school wrote in a Facebook post on Monday. It was made to look official and even included the superintendent's signature, officials said.

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Senior male students, per the letter, were required to undergo "mandatory 'genitalia' inspections," KION-TV reported. It allegedly stated the students would be separated into two categories: circumcised and uncircumcised.

School officials wrote online that they're investigating the letter.

However, the "prank" seemingly received some positive reviews.

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One Facebook user called it "impressive" and said she "[doesn't] even think I'd be mad at my kid" for the letter, noting that it was "grammatically correct."

"Got to give who ever did it a little credit for being creative," another user wrote.

Source: Fox News National

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Cain’s possible nomination for Fed in peril as Republican opposition mounts

FILE PHOTO: Former presidential candidate Herman Cain arrives at a rally for U.S. Republican presidential candidate and former Speaker of the House Newt Gingrich in Tampa, Florida
FILE PHOTO: Former presidential candidate Herman Cain arrives at a rally for U.S. Republican presidential candidate and former Speaker of the House Newt Gingrich in Tampa, Florida January 30, 2012. REUTERS/Shannon Stapleton/File Photo

April 11, 2019

WASHINGTON (Reuters) – The expected nomination of businessman Herman Cain to the Federal Reserve appeared in jeopardy on Thursday as another Republican voiced opposition, possibly denying Cain the support needed in the Senate to be confirmed in the post.

“If I had to vote today, I would vote no,” Senator Kevin Cramer said in a statement.

Cramer becomes the fourth Republican senator reported to be opposed to Cain’s expected nomination by President Donald Trump. If all of the Senate’s Democrats and the two independents aligned with them were to vote against Cain, he would fall short of the majority support he would need.

(Reporting by Trevor Hunnicutt; Writing by Tim Ahmann; Editing by Eric Beech)

Source: OANN

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‘Fight and talk’: Afghan war escalates alongside peace push

FILE PHOTO: Afghan National Army (ANA) officers take part in a training exercise at the Kabul Military Training Centre (KMTC) in Kabul, Afghanistan
FILE PHOTO: Afghan National Army (ANA) officers take part in a training exercise at the Kabul Military Training Centre (KMTC) in Kabul, Afghanistan October 17, 2017. REUTERS/Omar Sobhani/File Photo

April 1, 2019

By Rod Nickel and Hamid Shalizi

KABUL (Reuters) – Fighting in Afghanistan has escalated ahead of the usual spring season, as both sides seek to increase leverage in talks on a peace settlement – a gamble that analysts warn could also risk hardening positions.

In March, hundreds of Afghan forces were killed or wounded in heavy clashes in southern, western and northern Afghanistan, according to unofficial reports. Two U.S. special forces were killed near Kunduz, and attacks by both sides caused civilian casualties. U.S. air strikes also accidentally killed Afghan soldiers, in a case of friendly fire.

“Government forces are on the offensive this year. We expect a lot of fighting and obviously casualties,” said a senior Afghan security source.

Seasonal trends to fighting have become less defined over the years, as most Taliban now fight near their homes and so do not need to wait for snow to melt in the mountain passes to travel to battlefields, said Graeme Smith, a consultant for the International Crisis Group (ICG).

Even so, the Taliban annually announces the start of a spring offensive with fanfare and a name evoking epic importance, such as last year’s “Al Khandaq” campaign – named after the Battle of the Trench, fought by the Prophet Mohammad to defend the city of Medina in Islam’s early days.

This year, Afghan forces beat the Taliban to naming their offensive, launching a spring operation dubbed “Khaled”, an Arabic word for “endless”, said the Afghan security source.

“The objective of the operations this year will be to improve intelligence gathering and targeted strikes against the enemy,” he said.

The “fight and talk” strategy has been used to describe the Afghan war as far back as the Obama U.S. presidency. One diplomat said Afghanistan’s escalation follows a similar path of greater fighting in South Sudan and Colombia ahead of peace settlements for those conflicts.

But for a country 17 years into its latest war, the escalation only adds to a sense of discouragement.

Rising violence also comes with the risk that positions will harden, deferring a settlement, rather than creating urgency that could bring the sides together, said the ICG’s Smith.

Afghanistan Chief Executive Abdullah Abdullah, asked about the more aggressive strategy, said it simply reflected a need to be ready for every possibility.

“If the government and the Taliban agreed on a ceasefire, then the security defense forces will act accordingly,” he told reporters in Kabul.

Pentagon spokesman Lieutenant-Colonel Kone Faulkner said in an email that there has been “no change” in U.S. policies and in its partnered fighting with Afghan forces.

TALIBAN GEARING UP

The latest round of recurring peace talks ended in early March with both U.S. and Taliban officials citing progress. The start of the next round has not been announced, but is expected this month.

The negotiations came amid fierce fighting in several corners of Afghanistan, from Kunduz province in the north to Helmand in the south and Badghis in the northwest.

Some 100 members of Afghan forces were killed in two attacks in Badghis and Helmand. Thirteen civilians, including 10 children, died in a U.S. air strike in Kunduz and more civilians died in a Helmand stadium attack by the Taliban.

Ninety-four members of the Taliban died in a single battle near Kunduz city, according to NATO’s Resolute Support Mission, which is supported by troops from 39 countries to train, advise and assist Afghan forces. Fighting in the province killed two U.S. soldiers a day earlier.

The Taliban, meanwhile, met recently to discuss the timing and name of its spring campaign, said a Taliban leader, speaking on condition of anonymity.

“Our focus would be more specifically on targeted operations,” the leader said. “Our top priority would be minimizing civilian losses.”

Some Taliban leaders had suggested simply continuing ongoing operations and awaiting the outcome of peace talks, he said. But the group decided against further delay once Afghan forces launched its Khaled offensive, he said.

Taliban spokesman Zabihullah Mujahid said the group would launch its spring offensive in about a month when the weather warms.

One diplomat, whose country supplies soldiers to the Resolute Support mission, said he doubted the Taliban wanted to stop fighting, because it would be difficult to quickly regain the insurgency’s fighting capability if its forces dispersed.

“The Taliban’s leverage is their military activities,” a second diplomat said.

Both spoke on condition of anonymity because of the sensitivity of talks.

Increased fighting also heightens concerns about civilian casualties, after a record 3,804 civilians were killed last year, said Anthony Neal, advocacy manager for the Norwegian Refugee Council in Afghanistan.

More conflict has also forced nearly 4,000 people from their homes in the last three months alone, he said.

(Reporting by Rod Nickel and Hamid Shalizi in Kabul; Additional reporting by Jibran Ahmad in Peshawar, Pakistan; Editing by Alex Richardson)

Source: OANN

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Australia Bans Milo Yiannopoulos After Comments on New Zealand Mosque Attacks

Right-wing provocateur Milo Yiannopoulos has been banned from entering the country of Australia over his comments on social media about the New Zealand mosque shootings, ABC Australia reported.

Australian Immigration Minister David Coleman said in a statement that Yiannopoulos’s comments regarding the massacre are “appalling and foment hatred and division.”

“The terrorist attack in Christchurch was carried out on Muslims peacefully practicing their religion,” Coleman said, according to the outlet. “Australia stands with New Zealand and with Muslim communities the world over in condemning this inhuman act.”

The ban comes after 49 people were killed and dozens more injured in attacks at two mosques in Christchurch, New Zealand, by an alleged white supremacist.

Shortly after the shooting, Yiannopoulos took to Facebook to describe Islam as a “barbaric, alien” religious culture.

“I’m banned from Australia, again, after a statement in which I said I abhor political violence,” Yiannopoulos said on social media.

Yiannopoulos, a former Breitbart editor, was barred from entering Australia earlier this month after his visa application was rejected on character grounds.

Read more


The mass shooting in New Zealand appears to line up with the narrative that conservatives are violent and hateful and therefore deserve to be censored. Matt Bracken joins Alex to reveal how actually Facebook is responsible for the attention this murderer received.

Source: InfoWars

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Anthony Weiner ordered to register as sex offender as he nears end of prison sentence

Disgraced former Rep. Anthony Weiner has been ordered to register as a sex offender as he nears the end of a 21-month prison sentence for having illicit online contact with a 15-year-old girl.

A New York City judge on Friday designated Weiner a Level 1 sex offender, meaning he’s thought to have a low risk of reoffending.

Weiner must register for a minimum of 20 years. He’s required to verify his address every year and visit a police station every three years to have a new picture taken.

Weiner didn’t attend Friday’s court hearing. He’s in a halfway house after serving most of his sentence at a prison in Massachusetts.

ANTHONY WEINER RELEASED FROM PRISON AS PART OF FEDERAL RE-ENTRY PROGRAM

He’s due to be released May 14.

Before being sentenced, the Democrat said he’d been a “very sick man.”

Weiner was released from prison in February and entered the federal re-entry program in New York as he awaits his full release.

He was transferred from Federal Medical Center in Massachusetts into the care of New York’s Residential Re-entry Management program.

FLASHBACK: ANTHONY WEINER SENTENCED TO 21 MONTHS IN PRISON IN TEEN SEXTING CASE

While a staff member at New York’s RRM in Brooklyn’s Sunset Park neighborhood was unable to provide Fox News with Weiner’s exact whereabouts, it is believed that he is serving the remaining time of his sentence in a halfway house or in home confinement before his official release on May 14.

Good conduct while in prison has shaved off about three months from his sentence. He will spend three years on supervised release and will have to pay a $10,000 fine.

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Once a prominent star in the Democratic Party, Weiner’s political career began to unravel in 2011 when he resigned from Congress after admitting to sending an X-rated photo and engaging in inappropriate relationships with women online. While he attempted a comeback in 2013 when he ran for New York City mayor, that campaign went off the tracks when it was revealed that he had sexted with another woman under the pseudonym “Carlos Danger.”

Fox News' Andrew O'Reilly and The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Sri Lankan Special Task Force soldiers stand guard in front of a mosque as a Muslim man walks past him during the Friday prayers at a mosque, days after a string of suicide bomb attacks on Easter Sunday, in Colombo
FILE PHOTO: Sri Lankan Special Task Force soldiers stand guard in front of a mosque as a Muslim man walks past him during the Friday prayers at a mosque, five days after a string of suicide bomb attacks on Catholic churches and luxury hotels across the island on Easter Sunday, in Colombo, Sri Lanka April 26, 2019. REUTERS/Dinuka Liyanawatte/File Photo

April 26, 2019

By Tom Lasseter and Shri Navaratnam

KATTANKUDY, Sri Lanka (Reuters) – Mohamed Hashim Mohamed Zahran was 12 years old when he began his studies at the Jamiathul Falah Arabic College. He was a nobody, with no claim to scholarship other than ambition.

Zahran and his four brothers and sisters squeezed into a two-room house with their parents in a small seaside town in eastern Sri Lanka; their father was a poor man who sold packets of food on the street and had a reputation for being a petty thief.

“His father didn’t do much,” recalled the school’s vice principal, S.M. Aliyar, laughing out loud.

The boy surprised the school with his sharp mind. For three years, Zahran practiced memorizing the Koran. Next came his studies in Islamic law. But the more he learned, the more Zahran argued that his teachers were too liberal in their reading of the holy book.

“He was against our teaching and the way we interpreted the Koran – he wanted his radical Islam,” said Aliyar. “So we kicked him out.”

Aliyar, now 73 with a long white beard, remembers the day Zahran left in 2005. “His father came and asked, ‘Where can he go?’.”

The school would hear again of Mohamed Zahran. And the world now knows his name. The Sri Lankan government has identified him as the ringleader of a group that carried out a series of Easter Sunday suicide bombings in the country on April 21.

The blasts killed more than 250 people in churches and luxury hotels, one of the deadliest-ever such attacks in South Asia. There were nine suicide bombers who blew apart men, women and children as they sat to pray or ate breakfast.

Most of the attackers were well-educated and from wealthy families, with some having been abroad to study, according to Sri Lankan officials.

That description does not, however, fit their alleged leader, a man said to be in his early 30s, who authorities say died in the slaughter. Zahran was different.

INTELLIGENCE FAILINGS

Sri Lanka’s national leadership has come under heavy criticism for failing to heed warnings from Indian intelligence services – at least three in April alone – that an attack was pending. But Zahran’s path from provincial troublemaker to alleged jihadist mastermind was marked by years of missed or ignored signals that the man with a thick beard and paunch was dangerous.

His increasingly militant brand of Islam was allowed to grow inside a marginalized minority community – barely 10 percent of the country’s roughly 20 million people are Muslim – against a backdrop of a dysfunctional developing nation.

The top official at the nation’s defense ministry resigned on Thursday, saying that some institutions under his charge had failed.

For much of his adult life, Zahran, 33, courted controversy inside the Muslim community itself.

In the internet age, that problem did not stay local. Zahran released online videos calling for jihad and threatening bloodshed.

After the blasts, Islamic State claimed credit and posted a video of Zahran, clutching an assault rifle, standing before the group’s black flag and pledging allegiance to its leader.

The precise relationship between Zahran and Islamic State is not yet known. An official with India’s security services, who spoke on condition of anonymity, said that during a raid on a suspected Islamic State cell by the National Investigation Agency earlier this year officers found copies of Zahran’s videos. The operation was in the state of Tamil Nadu, just across a thin strait of ocean from Sri Lanka.

“LIKE A SPOILED CHILD”

Back in 2005, Zahran was looking to make his way in the world. His hometown of Kattankudy is some seven hours’ drive from Colombo on the other side of the island nation, past the countless palm trees, roadside Buddha statues, cashew hawkers and an occasional lumbering elephant in the bush. It is a town of about 40,000 people, a dot on the eastern coast with no clear future for an impoverished young man who’d just been expelled.

Zahran joined a mosque in 2006, the Dharul Athar, and gained a place on its management committee. But within three years they’d had a falling out.

“He wanted to speak more independently, without taking advice from elders,” said the mosque’s imam, or spiritual leader, M.T.M. Fawaz.

Also, the young man was more conservative, Fawaz said, objecting, for instance, to women wearing bangles or earrings.

“The rest of us come together as community leaders but Zahran wanted to speak for himself,” said Fawaz, a man with broad shoulders lounging with a group of friends in a back office of the mosque after evening prayers. “He was a black sheep who broke free.”

Mohamed Yusuf Mohamed Thaufeek, a friend who met Zahran at school and later became an adherent of his, said the problems revolved around Zahran’s habit of misquoting Islamic scriptures.

The mosque’s committee banned him from preaching for three months in 2009. Zahran stormed off.

“We treated him like a spoiled child, a very narrow-minded person who was always causing some trouble,” said the head of the committee, Mohamed Ismail Mohamed Naushad, a timber supplier who shook his head at the memory.

Now on his own, Zahran began to collect a group of followers who met in what Fawaz described as “a hut”.

At about that time, Zahran, then 23, married a young girl from a small town outside the capital of Colombo and brought his bride back to Kattankudy, according to his sister, Mathaniya.

“I didn’t have much of a connection with her – she was 14,” she said.

Despite being “a bit rough-edged”, Zahran was a skilled speaker and others his age were drawn to his speeches and Koranic lessons, said Thaufeek. He traveled the countryside at times, giving his version of religious instruction as he went.

Also, Zahran had found a popular target: the town’s Sufi population, who practice a form of Islam often described a mystical, but which to conservatives is heresy.

Tensions in the area went back some years. In 2004, there was a grenade attack on a Sufi mosque and in 2006 several homes of Sufis were set afire. Announcements boomed from surrounding mosques at the time calling for a Sufi spiritual leader to be killed, said Sahlan Khalil Rahman, secretary of a trust that oversees a group of Sufi mosques.

He blamed followers of the fundamentalist Wahhabi strain of Islam that some locals say became more popular after funding from Saudi Arabia, the birthplace of Wahhabism, flowed to mosques in Kattankudy.

It was, Rahman said, an effort “to convert Sufis into Wahhabis through this terrorism”. Rahman handed over a photograph album showing charred homes, bullet holes sprayed across an office wall and a shrine’s casket upended.

ONLINE RADICAL

It was an ideal backdrop for Zahran’s bellicose delivery and apparent sense of religious destiny.

He began holding rallies, bellowing insults through loudspeakers that reverberated inside the Sufis’ house of worship as they tried to pray.

In 2012, Zahran started a mosque of his own. The Sufis were alarmed and, Rahman said, passed on complaints to both local law enforcement and eventually national government offices. No action was taken.

The then-officer in charge of Kattankudy police, Ariyabandhu Wedagedara, said in a telephone interview that he couldn’t arrest people simply because of theological differences.

     “The problem at the time was between followers of different Islamic sects – Zahran was not a major troublemaker, but he and followers of other sects, including the Sufis, were at loggerheads,” Wedagedara said.

Zahran found another megaphone: the internet. His Facebook page was taken down after the bombings, but Muslims in the area said his video clips had previously achieved notoriety.

His speeches went from denouncing Sufis to “kafirs”, or non-believers, in general. Zahran’s sister, Mathaniya, said in an interview that she thought “his ideas became more radical from listening to Islamic State views on the Internet”.

In one undated video, Zahran, in a white tunic and standing in front of an image of flames, boomed in a loud voice: “You will not have time to pick up the remains of blown-up bodies. We’ll keep sending those insulting Allah to hell.”

“HARD TO TAKE”

Zahran spoke in Tamil, making his words available to young Muslims clicking on their cellphones in Kattankudy and other towns like it during a period when, in both 2014 and 2018, reports and images spread of Sinhalese Buddhists rioting against Muslims in Sri Lanka.

In 2017, Zahran’s confrontations boiled over. At a rally near a Sufi community, his followers came wielding swords. At least one man was hacked and hospitalized. The police arrested several people connected to Zahran, including his father and one of his brothers. Zahran slipped away from public view.

That December, the mosque Zahran founded released a public notice disowning him. Thaufeek, his friend from school, is now the head. He counted the places that Zahran had been driven away from – his school, the Dharul Athar mosque and then, “we ourselves kicked him out, which would have been hard for him to take”.

The next year, a group of Buddha statues was vandalized in the town of Mawanella, about five hours drive from Kattankudy. There, in the lush mountains of Sri Lanka’s interior, Zahran had taken up temporary residence.

“He was preaching to kill people,” said A.G.M. Anees, who has served as an imam at a small mosque in the area for a decade. “This is not Islam, this is violence.”

Zahran went into hiding once more.

On the Thursday morning before the Easter Sunday bombings, Zahran’s sister-in-law knocked on the door of a neighbor who did seamstress work near Kattankudy. She handed over a parcel of fabric and asked for it to be sewn into a tunic by the end of the day.

“She said she was going on a family trip,” said the neighbor, M.H. Sithi Nazlya.

Zahran’s sister says that her parents turned off their cellphones on the Friday. On Sunday, when she visited their home, they were gone.

She does not know if Zahran arranged for them to be taken somewhere safe. Or why he would have carried out the bombing.

But now in Kattankudy, and in many other places, people are talking about Mohamed Hashim Mohamed Zahran.

(Reporting by Tom Lasseter and Shri Navaratnam; Additional reporting by Sanjeev Miglani, Shihar Aneez and Alasdair Pal; Editing by John Chalmers and Alex Richardson)

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A Wells Fargo logo is seen in New York City
FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith

April 26, 2019

By Jessica DiNapoli and Imani Moise

NEW YORK (Reuters) – Wells Fargo & Co’s board has retained executive search firm Spencer Stuart to hunt for a new chief executive, ideally a woman who can tackle its regulatory and public perception issues, two people familiar with the matter said.

Wells Fargo’s ambition to become the only major U.S. bank with a female CEO underscores the need to restore its image with a wide range of constituents, including customers, shareholders, regulators and politicians, after it became mired in a scandal in 2016 for opening potentially millions of unauthorized accounts.

Former CEO Tim Sloan left abruptly last month, becoming the second CEO to leave the bank in the scandal’s fallout.

The board plans to approach Citigroup Inc’s Latin America chief Jane Fraser, one of the sources said. During Fraser’s 15-year tenure at Citigroup, she has gained experience running consumer and commercial businesses as well as its private bank.

Fraser could not be immediately reached for comment.

The board also discussed approaching JPMorgan Chase & Co’s Marianne Lake, but after the bank named her to run JPMorgan’s consumer lending business last week, that option became less viable, the source added. The board wants someone who can convince regulators, employees, investors and customers that the bank has fixed problems underpinning the sales scandal, the sources said.

The bank’s board feels that choosing a woman might please lawmakers in Washington who have been critical not only of Wells Fargo’s misbehavior, but of the broader banking industry for a lack of diversity and gender equality, said the sources, who spoke on the condition of anonymity.

It also believes that such a move could bolster Wells Fargo’s image with the households of customers where women play a leading role in managing finances, one of the sources added.

The new CEO will also have to resolve litigation and regulatory matters. There are 14 outstanding consent orders with government entities, as well as probes by the U.S. Securities and Exchange Commission, the Department of Labor and the Department of Justice.

To be sure, Spencer Stuart will approach and consider several male candidates for the CEO job as well, one of the sources said. The top priority is to find an external candidate who can navigate the bank’s regulatory issues, the source added.

Finding an outsider who meets all those qualifications and wants the job will be difficult, the sources said. There are few people with the necessary experience, even fewer of those who are women, and it is not clear if any of the obvious candidates would be open to taking the role.

The sources asked not to be identified because Wells Fargo’s board deliberations are confidential.

Spokespeople for Wells Fargo and Spencer Stuart declined to comment.

Wells Fargo’s board has not made any public statements about its requirements for a new CEO, beyond Chair Betsy Duke saying the job should attract the “top talent in banking.”

The board wants to complete the search within the next three to six months, one of the sources said.

STALLED SHARES

After Sloan’s ouster, Wells Fargo’s board appointed Allen Parker, who had been general counsel, as interim CEO. The board has said it is looking for an external candidate as a permanent replacement. It is not clear whether Parker will stay at the bank.

Others whose names have been mentioned by analysts, recruiters and industry sources as perspective CEO candidates include Alphabet Inc finance chief Ruth Porat and Bank of America Corp’s chief technology officer Cathy Bessant.

Wells Fargo shares have stalled since Sloan’s departure on March 29th, while the KBW Bank index has rallied more than 7 percent.

Wells Fargo would be “the best stock on earth to buy” if it had the right CEO, said Greg Donaldson, chairman of Donaldson Capital Management in Indiana.

Donaldson held about 50,000 Wells Fargo shares, but sold the stake last year as problems mounted. The CEO change could convince him to re-invest, depending on who it is, he told Reuters.

“It would be very smart for them to get a woman,” he said.

(Reporting by Jessica DiNapoli and Imani Moise in New York; Editing by Lauren Tara LaCapra, Greg Roumeliotis and Susan Thomas)

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A worker walks on the roof of a new home under construction in Carlsbad
FILE PHOTO: A worker walks on the roof of a new home under construction in Carlsbad, California September 22, 2014. REUTERS/Mike Blake

April 26, 2019

NEW YORK (Reuters) – The U.S. economy is growing at a 2.08% annualized pace in the second quarter based on upbeat data on durable goods orders and new home sales in March, the New York Federal Reserve’s Nowcast model showed on Friday.

This was faster than the 1.92% growth rate calculated by the N.Y. Fed model the week before.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

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