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Britain says jailing of Hong Kong pro-democracy activists is deeply disappointing

Pro-democracy supporters attend candlelight vigils to support four jailed leaders of the 2014 pro-democracy
Pro-democracy supporters attend candlelight vigils to support four jailed leaders of the 2014 pro-democracy "Occupy" movement, also known as "Umbrella Movement", outside Lai Chi Kok Reception Centre in Hong Kong, China April 24, 2019. REUTERS/Tyrone Siu

April 25, 2019

LONDON (Reuters) – Britain’s foreign minister Jeremy Hunt said on Thursday the jailing of four leaders of Hong Kong’s 2014 pro-democracy protests was deeply disappointing.

The sentencing of the activists followed a near month-long trial that was closely watched as China’s Communist Party leaders have put Hong Kong’s autonomy under increasing strain.

Britain returned Hong Kong to Chinese rule in 1997 under a “one country, two systems” principle, with the guarantee of a high degree of autonomy and freedoms not enjoyed elsewhere in China.

“The sentences handed to the ‘Occupy’ activists in Hong Kong are deeply disappointing,” Hunt said on Twitter. “One Country Two Systems and the Joint Declaration are about respect for civil and political freedoms.”

(Reporting by Andrew MacAskill; Editing by William Schomberg)

Source: OANN

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China EV maker Byton says business as usual despite management upheaval

FILE PHOTO: A man checks a Byton Concept T car at the Auto China 2018 motor show in Beijing
FILE PHOTO: A man checks a Byton Concept T car during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee

April 18, 2019

By Yilei Sun and Brenda Goh

SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the end of this year.

“We plan to launch our first production car this July,” Daniel Kirchert, Byton’s co-founder and CEO told Reuters in an interview on Thursday, adding that the company aims to manufacture 10,000 units by the first half of 2020.

Byton’s backers include Chinese retailer Suning, automaker FAW and Contemporary Amperex Technology Co.

Kirchert’s comments, coinciding with the Shanghai Autoshow, come just days after chairman and co-founder Carsten Breitfeld quit Byton.

German daily Handelsblatt said Breitfeld is joining Byton’s domestic rival Iconiq. Another German publication, Manager Magazin, said earlier that Breitfeld’s looming departure was due to trouble funding its planned expansion in the Chinese market, causing tensions inside the company.

Kirchert confirmed the former chairman’s departure and said: “Byton has already got very strong resources, and there are 1,800 employees working on different areas including internet connectivity, engineering research and development.

“We are in the middle of a new round of fundraising, which will be of similar amount to B round. We aim to finish C round around the middle of this year.” Byton had raised $500 million in the series B round last year.

Byton, which runs offices in China, the United States and Germany, is one of several largely Chinese-funded EV startups betting on the benefits of local production to compete with Tesla Inc and other auto giants.

Its local rivals include Nasdaq-listed NIO Inc and Xpeng Motors, backed by Alibaba Group.

Byton aims to hit the 100,000 unit production level around 2021-2022, he said. The 10,000 and 100,000 unit marks are widely regarded as key production milestones for electric vehicle makers.

“Only by large-scale production can we reduce costs and provide affordable prices” he said.

Byton is building its first plant in Nanjing in eastern China with a planned annual capacity of 150,000 units in its initial phase.

China’s auto sales contracted for the first time last year since the 1990s amid a broader economic slowdown but sales of new energy vehicles (NEVs), which include electric vehicles, have remained a bright spot. In March, NEV sales rose 85.4 percent.

(Reporting by Yilei Sun and Brenda Goh; Editing by Muralikumar Anantharaman)

Source: OANN

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Poland’s “Fort Trump” Almost a Reality

Poland’s push to house a major permanent US military base dubbed last year by Polish President Andrzej Duda as “Fort Trump” is a big step closer to becoming a reality this week after top US defense officials met with Polish counterparts in Warsaw to negotiate an offer.

US Defense Undersecretary for Policy John Rood led a delegation to the former Soviet satellite country and longtime east European defense ally on Wednesday to discuss the US “robust offer” to establish a permanent facility on Polish soil.

The Poles previously vowed to pay $2 billion for a base that could host a division-sized installment of US forces, which the US has called “very generous” — though likely to fall short of the total cost for such a base. “We have come forward with what we think is a very serious robust offer and we’re working out some of the technicalities this very week, when we hope to have a solid foundation to work from having coming out of this meeting,” a spokesperson for Rood’s office informed the House Armed Services Committee on Wednesday.

Though the idea of a permanent US base in Poland has been floated for years, especially after the Russian-Ukraine conflict grew hot, last September’s official visit between Presidents Duda and Trump at the White House gave it real momentum.


Paul Joseph Watson breaks down how the yellow vest movement has spread from Globalist conquered France into the rest of Europe, including the United Kingdom, Poland, and Italy.

Duda had dropped the surprising proposal during a press briefing, suggesting it could be called “Fort Trump” — to which Trump grinned and appeared to nod in approval.

“I invite you to post more American military troops in Poland,” Duda said, describing US presence in Poland as a “guarantor of security.”

And Trump responded at the time as follows:

“We’re looking at it very seriously, I know Poland likes the idea very much, and it’s something that we are considering, yes,” Trump told reporters during the Sept. 19 press conference, according to CNN.

Duda’s remarks, clearly designed at the time to play on the US president’s ego, came amidst joint statements wherein both leaders agreed that Moscow has “acted aggressively” in the region. Trump said that he shared concerns about Russian encroachment into former Soviet satellite countries.

Poland, a NATO member state since 1999, has long sought to invite closer military relations with the United States, something which Moscow has seen as a serious provocation. President Duda at the time of his visit with Trump had first offered to put more than $2 billion into a proposed permanent American base.

According to Defense One current numbers of US as well as multi-national NATO forces deployed to Poland stand at an annual average of about 4,500 — but varies significantly from month to month.

However, precise details of just what was negotiated in Warsaw this week remains unclear, per Defense One:

Wheelbarger [Rood’s deputy for international affairs] said that if the Polish deputy minister of national defense, Tomasz Szatkowski, accepts Rood’s offer, then the State Department would take over negotiations on the “actual technical agreement.” She suggested that it would take “probably six months to a year” for the agreement to be finalized.

But she offered no details on the specifics of the U.S. offer — including whether it hewed closer to the Polish request for a full division or something smaller and potentially more dispersed. (She also did not comment on whether it calls for a base named after the president.)

What appear to be serious US-Polish discussions over a “Fort Trump” or at least a more expansive US presence comes less that six months ahead of when the Intermediate-Range Nuclear Forces Treaty (INF) between the US and Russia is set to finally terminate in August, after both sides declared they’ve effectively pulled out of the Reagan-era deal.

Perhaps with the sensitivity to a Russian reaction to any “Fort Trump” deal in mind, and out of a desire to keep the plans as secret as possible until a final deal is reached, one defense official privy to the US-Polish negotiations told Defense One: “This is more of a longer-term commitment to the type of presence that’s already in Poland, this is not a new U.S. base as some people think.”


Syrian Girl joins Alex Jones via skype to discuss the clues for motivation given by the killer’s manifesto.

Source: InfoWars

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Biden Coverage Dwarfed by Mueller Report on MSNBC, CNN

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Former Vice President Biden has been making headlines this week as his potential presidential campaign gears up, but surely not the kind he was hoping for. Following Lucy Flores’ claims that Biden’s touching of her in 2014 made her deeply uncomfortable, more women have come forward with similar concerns, and Biden’s “hands on” style of greeting has become a political meme. Some Democratic-leaning news outlets have notably come to Biden’s defense, but what has TV coverage of the story as a whole looked like?

The timeline below shows the total percentage of weekly airtime on CNN, MSNBC and Fox News combined that mentioned Biden since June 2009, using data from the Internet Archive’s Television News Archive. The past week has seen the second-most television news coverage of him over the past decade, trailing only his 2012 reelection.

Looking at the past two weeks by channel, all three initially covered the Flores allegations, but CNN and MSNBC quickly moved on. Fox News, on the other hand, has continued to devote significant attention to the story. Since Flores spoke up on March 29, Fox News has spent almost as much time on the story as the other two channels combined.

The tremendous discrepancy in coverage can be seen most starkly in the graph below, which tallies the total airtime devoted by each station since March 29 to the Robert Mueller and Biden stories. MSNBC has spent 3.2 times as much time on Mueller as it has Biden, with CNN spending 2.3 times as much airtime. Fox News, on the other hand, has paid almost equal time to both stories.

Even two weeks after Barr’s release of key conclusions of the Mueller report, there has not been a single day in which the Biden story received more airtime on MSNBC than the Mueller story, and Biden bested Mueller for just a single day on CNN. It seems MSNBC, in particular, is working to keep the Mueller story alive.

Putting this all together, it is notable that in the #MeToo era, the reckoning over a powerful politician’s uncomfortable interactions with women has not drawn more attention. CNN and MSNBC have largely downplayed the Biden allegations, preferring to focus their time on the Mueller investigation, while Fox News has granted both stories nearly equal airtime.

If #MeToo allegations against one of the most prominent Democratic contenders can’t break through the news cycle on CNN and MSNBC, and with prominent Democrat Justin Fairfax withstanding his own #MeToo moment in Virginia, it raises the question of whether #MeToo’s role in the 2020 election cycle may be fading.

RealClear Media Fellow Kalev Leetaru is a senior fellow at the George Washington University Center for Cyber & Homeland Security. His past roles include fellow in residence at Georgetown University’s Edmund A. Walsh School of Foreign Service and member of the World Economic Forum’s Global Agenda Council on the Future of Government.

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Turkey’s Erdogan calls on New Zealand to restore death penalty over shooting

Turkish President Erdogan addresses his supporters during a rally for the upcoming local elections, in Istanbul,
FILE PHOTO: Turkish President Tayyip Erdogan addresses his supporters during a rally for the upcoming local elections, in Istanbul, Turkey March 12, 2019. REUTERS/Murad Sezer

March 19, 2019

ANKARA (Reuters) – President Tayyip Erdogan on Tuesday called on New Zealand to restore the death penalty for the gunman who killed 50 people at two Christchurch mosques, warning that Turkey would make the attacker pay for his act if New Zealand did not.

Australian Brenton Tarrant, 28, a suspected white supremacist, was charged with murder on Saturday after a lone gunman opened fire at the two mosques during Muslim Friday prayers.

“You heinously killed 50 of our siblings. You will pay for this. If New Zealand doesn’t make you, we know how to make you pay one way or another,” Erdogan told an election rally of thousands in northern Turkey. He did not elaborate.

He said Turkey was wrong to have abolished the death penalty 15 years ago, and added that New Zealand should make legal arrangements so that the Christchurch gunman could face capital punishment.

“If the New Zealand parliament doesn’t make this decision I will continue to argue this with them constantly. The necessary action needs to be taken,” he said.

Erdogan is seeking to drum up support for his Islamist-rooted AK Party in March 31 local elections. At weekend election rallies he showed video footage of the shootings which the gunman had broadcast on Facebook, as well as extracts from a “manifesto” posted by the attacker and later taken down.

That earned a rebuke from New Zealand Foreign Minister Winston Peters, who said he told Turkey’s foreign minister and vice president that showing the video could endanger New Zealanders abroad.

Despite Peters’ intervention, an extract from the manifesto was flashed up on a screen at Erdogan’s rally again on Tuesday, as well as brief footage of the gunman entering one of the mosques and shooting as he approached the door.

Erdogan has said the gunman issued threats against Turkey and the president himself, and wanted to drive Turks from Turkey’s northwestern, European region. Majority Muslim Turkey’s largest city, Istanbul, is split between an Asian part east of the Bosphorus, and a European half to the west.

Erdogan’s AK Party, which has dominated Turkish politics for more than 16 years, is battling for votes as the economy tips into recession after years of strong growth. Erdogan has cast the local elections as a “matter of survival” in the face of threats including Kurdish militants, Islamophobia and incidents such as the New Zealand shootings.

A senior Turkish security source said Tarrant entered Turkey twice in 2016 – for a week in March and for more than a month in September. Turkish authorities have begun investigating everything from hotel records to camera footage to try to ascertain the reason for his visits, the source said.

(Reporting by Ece Toksabay and Tuvan Gumrukcu; Editing by Dominic Evans and Nick Tattersall)

Source: OANN

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Police officers with guns drawn raid Arizona home for boy with 105-degree, report says

A dramatic video shows Arizona police officers with guns drawn while raiding an Arizona home earlier this week to retrieve a 2-year-old boy who had a 105-degree fever.

The raid occurred in Chandler, about 25 miles southeast of Phoenix, on Sunday after a doctor reported the boy’s parents to Arizona Department of Child Safety (DCS). The boy, who is not vaccinated, was taken to the doctor for a 105-degree fever, the Arizona Republic reported.

The doctor reportedly advised the parents to take the boy to the emergency room, but the parents decided not to after the boy’s fever broke. The doctor contacted DCS, who then called the police to check on the child. When the father refused to let officers into his home, the police came back with a warrant and forced their way in, according to the Republic.

PROBE OF CASES FROM HOUSTON OFFICERS IN DEADLY RAID EXPANDED

State Rep. Kelly Townsend, who earlier this year spearheaded a bill that required DCS to obtain a search warrant to remove a child in non-emergency situations, criticized the raid as excessive.

"At that point who now owns control over the child?" Townsend said. "And it seems like we've given that now to the doctor and the parent no longer has the say or they risk the SWAT team taking all of your children and potentially the newborn."

Chandler Police said the officers who raided the home were regular officers and not a SWAT team.

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Nicholas Boca, the family’s attorney, said that type of force should be “reserved for violent criminals."

“All because of a fever,” Boca said. “It’s absolutely ridiculous.”

Source: Fox News National

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Fed’s Mester says she favors slower balance sheet trimming

Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York
Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York, U.S., August 15, 2017. REUTERS/Shannon Stapleton

February 19, 2019

By Jason Lange

NEWARK, Del. (Reuters) – Cleveland Federal Reserve President Loretta Mester on Tuesday said she favored slowing down the U.S. central bank’s unwinding of its bond holdings this year although she thinks the economy might need higher interest rates.

Mester, who has long favored higher rates, said the Fed has time to assess how the economy is doing before tightening borrowing conditions.

But she said the time was nearing when the Fed should slow down the pace at which the Fed reduces its bond holdings.

“If I were making the decision on my own, I would need slowing,” she said while speaking on a panel at an event at the University of Delaware.

The Fed’s balance sheet ballooned to over $4 trillion in the wake of the 2007-09 recession but policymakers began trimming its bond holdings in the final months of 2017.

Fed Governor Lael Brainard said earlier this month she supported ending the unwinding process this year.

Mester does not have a vote on the Fed’s policy-setting committee this year although she participates in the central bank’s deliberations. She said she would prefer the Fed only hold Treasury securities, and would favor a portfolio weighted toward shorter-term maturities.

Mester has supported the Fed’s recent shift to a wait-and-see stance on rate policy. The Fed, in its policy statement last month, removed guidance on whether its next move was likely to be raising or lowering rates.

“Monetary policy does not appear to be far behind or far ahead of the curve,” Mester said in a speech at the event. “This environment gives us the opportunity to continue to gather information on the economy.”

Mester said the dropping of the guidance was part of the Fed’s shift to what she called more “normal” policy and made clear she still thinks the Fed’s next more is likely to be a tightening of borrowing conditions.

Mester said economic growth was likely to continue in 2019 albeit at a slower pace than last year and that job growth would also slow. She said inflation was likely to stay near the Fed’s 2 percent target.

“The fed funds rate may need to move a bit higher than current levels,” Mester said, adding that there were also risks to the outlook such as slower economic growth in Europe and China as well as ongoing trade negotiations between the United States and China.

(Reporting by Jason Lange; Editing by Chizu Nomiyama)

Source: OANN

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

April 26, 2019

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

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

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

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

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

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

April 26, 2019

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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

April 26, 2019

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

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

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

(Reporting by Andy Bruce, editing by David Milliken)

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

April 26, 2019

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

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

April 26, 2019

By Medha Singh and Agamoni Ghosh

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Source: OANN

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