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Saudi Aramco to offer $16 billion in contracts to small, medium businesses: Arabiya

FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama
FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo

April 6, 2019

DUBAI (Reuters) – Saudi Aramco will offer 140 contracts worth 60 billion riyals ($16 billion) to small and medium-sized enterprises (SMEs) in the kingdom, the Al Arabiya TV website reported on Saturday.

Aramco is working with the government to boost cooperation with SMEs as it spends 170 billion riyals on different services a year, Mohammed bin Ayed al-Shamri, deputy director of procurement and supply, was quoted as saying.

(Reporting by Aziz El Yaakoubi; Editing by Mark Potter)

Source: OANN

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Russia, OPEC could ditch oil deal to fight U.S. for market share: Russian minister

FILE PHOTO: Russian Finance Minister Anton Siluanov attends a session during the Week of Russian Business, organised by the Russian Union of Industrialists and Entrepreneurs (RSPP) in Moscow
FILE PHOTO: Russian Finance Minister Anton Siluanov attends a session during the Week of Russian Business, organised by the Russian Union of Industrialists and Entrepreneurs (RSPP) in Moscow, Russia March 14, 2019. REUTERS/Maxim Shemetov

April 13, 2019

MOSCOW (Reuters) – Russia and OPEC may decide to boost production to fight for market share with the United States but would see oil prices drop to as low as $40 per barrel, TASS news agency сited Russia’s Finance Minister Anton Siluanov as saying on Saturday.

Speaking in Washington, Siluanov said that oil prices could drop to $40 per barrel or even lower for up to one year if the output cut deal is abandoned.

(Reporting by Maxim Rodionov. Editing by Jane Merriman)

Source: OANN

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Sean Spicer: Dems’ 2020 Primary Debate Strategy ‘Likely to Fail’

The Democrats’ strategy for presidential primary debates is flawed, former White House press secretary Sean Spicer says.

Spicer made his remarks in a column published Tuesday in The Wall Street Journal.

“Recognizing the growing role of debates in shaping the race, the Republican National Committee in the 2016 election cycle asserted more control over their structure,” Spicer said.

“Now Democrats are trying to do the same, but they’re likely to fail where the GOP succeeded.

“The Democratic National Committee has proposed 12 debates, each taking place over two nights. The top 20 candidates can make the stage on one of the two nights by achieving at least 1% in three different approved polls or by receiving contributions from at least 65,000 individuals, including a minimum of 200 contributors in at least 20 states.”

But Spicer noted “the proliferation of candidates is the DNC’s first problem.” He pointed out the party is likely to have more than “20 candidates meet at least one of its criteria.”

However, he said the “biggest threat” to the Democrats’ plan will likely come from the fact that the party excluded Fox News from hosting a debate. Spicer said Fox recently broadcasted a highly rated town hall meeting with Sen. Bernie Sanders, I-Vt., who is running for the Democratic nomination.

And he said Fox News could host its own debates without adhering to the DNC rules.

“With 2.4 million prime-time viewers, it would be near impossible for many candidates to say no, especially those near the bottom looking to break out,” he said.

Source: NewsMax Politics

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NSA John Bolton: 'ISIS Threat Will Remain'

Amid President Donald Trump's claim of keeping his promise of a 100 percent defeat of the ISIS caliphate in Syria, "the ISIS threat will remain," according to National Security Adviser John Bolton.

"The president has been I think as clear as clear can be when he talks about the defeat of the ISIS territorial caliphate," Bolton told ABC's "This Week." "He has never said that the elimination of the territorial caliphate means the end of ISIS in total. We know that's not the case.

"We know right now that there are ISIS fighters scattered still around Syria and Iraq, and that ISIS itself is growing in other parts of the world. The ISIS threat will remain."

President Trump had attempted to keep a campaign promise to withdraw U.S. troops out of Syria, but he has been persuaded to keep some there to root out lone-wolf attacks from the terrorist organization.

"But one reason that the president has committed to keeping an American presence in Iraq and a small part of an observer force in Syria, is against the possibility that there would be a real resurgence of ISIS, and we would then have the ability to deal with that if that arose," Bolton told host Martha Raddatz. "So, I think people have to be clear."

Bolton added that while the ISIS threat could remain, President Trump would not be wrong to say the caliphate is destroyed, because, by definition, ISIS no longer holds territory in Syria even if the ideology persists in the minds of some terrorists.

"And the importance of the territorial caliphate goes to an ideological point at the center of ISIS's theory of itself, namely that they were a caliphate because under their view of what a caliphate is, you have to control territory," Bolton said.

". . . The ISIS threat, the al-Qaida threat, the terrorist threat is an ideological threat worldwide and it's something that I think we have to be vigilant against for the forseeable future. That's the reality."

Source: NewsMax Politics

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Algeria orders early university holiday as students spur protests

A woman protests against Algeria's President Abdelaziz Bouteflika, in Algiers
A woman protests against Algeria's President Abdelaziz Bouteflika, in Algiers, Algeria March 8, 2019. REUTERS/Zohra Bensemra

March 9, 2019

By Hamid Ould Ahmed and Lamine Chikhi

ALGIERS (Reuters) – Algerian authorities on Saturday ordered an early start to the spring university holiday, an apparent attempt to weaken two weeks of student-led protests against President Abdelaziz Bouteflika.

The Higher Education Ministry’s decision came a day after tens of thousands of demonstrators packed central Algiers to challenge the veteran leader’s 20-year-old rule in the biggest protests in the capital in 28 years.

Without giving a reason for the move, the Ministry said in a decree that the spring break would be brought forward by 10 days, starting on Sunday instead of March 20.

Algerians desperate for jobs and angry at unemployment, corruption and an elderly elite seen as out of touch with the young have taken to the streets since Feb. 22 to protest the 82-year-old’s plans to seek a fifth term in an April 18 election.

Many of the demonstrations — the largest since 1991 when the army canceled elections Islamists were poised to win — started at university premises before spilling out onto the streets.

The ailing Bouteflika is in hospital in Geneva and has rarely been seen in public since suffering a stroke in 2013.

On Thursday he issued his first warning to protesters, saying the unrest, now entering its third week, could create chaos in the oil- and natural gas-producing North African country.

Bouteflika has offered to limit his term after the election and has vowed to change the “system” that runs the country, but the protest movement has galvanized discontent among different sectors, particularly students and young families.

Some long-time allies of Bouteflika, including members of the ruling party, have expressed support for the protesters, revealing cracks within a ruling elite long seen as invincible.

Friday’s protests were largely peaceful but some clashes between youths and police broke out in the evening and state media said 110 protesters and 112 policemen had been hurt in the unrest.

(Additional reporting by Aziz El Yaakoubi in Dubai; Writing by Ulf Laessing; Editing by Helen Popper)

Source: OANN

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New York investigating Facebook over storage of ‘unauthorized’ email contacts

FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration
FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration

April 25, 2019

By David Shepardson

(Reuters) – New York Attorney General Letitia James said on Thursday she is investigating Facebook Inc’s unauthorized storage of up to 1.5 million Facebook users’ email contact databases, the latest privacy issue to affect the U.S. social media giant.

Last week, Facebook said it may have “unintentionally uploaded” email contacts of up to 1.5 million new users since May 2016, adding that the “contacts were not shared with anyone and we are deleting them.”

James said on Thursday in a statement that when the individuals’ contacts were taken into account “the total number of people whose information was improperly obtained may be hundreds of millions.”

Facebook said in an emailed statement that it was “in touch with the New York State attorney general’s office and are responding to their questions on this matter.”

James called last week’s disclosure “the latest demonstration that Facebook does not take seriously its role in protecting our personal information.”

“It is time Facebook is held accountable for how it handles consumers’ personal information,” she added.

On Wednesday, Facebook said it had set aside $3 billion to cover a settlement with the U.S. Federal Trade Commission over privacy issues.

The FTC has been investigating revelations that Facebook inappropriately shared information belonging to 87 million of its users with the now-defunct British political consulting firm Cambridge Analytica. The probe has focused on whether the sharing of data and other disputes violated a 2011 agreement with the FTC to safeguard user privacy.

The settlement accrual, which Facebook set at $3 billion but said could rise as high as $5 billion, cut the company’s net income in the first quarter to $2.43 billion, or 85 cents per share.

Several Democrats in Congress on Wednesday said a $5 billion fine would amount to a “slap on the wrist” for Facebook.

(Reporting by David Shepardson; Editing by Bill Berkrot and Rosalba O’Brien)

Source: OANN

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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Well, Joe Biden didn’t exactly clear the field.

I don’t think it matters much that Biden waited until yesterday to become the 20th Democrat vying for the nomination, even though it exposed him to weeks of attacks while he seemed to be dithering on the sidelines.

A much greater warning sign, in my view, is the largely negative tone surrounding his debut. He is, after all, a former vice president, highly praised by Barack Obama, who has consistently led in the early primary polls, and beating President Trump in head-to-head matchups. Yet much of the press is acting like he’s an old codger and it’s just a matter of time before he keels over politically.

This is all the more remarkable in light of the fact that the vast majority of journalists and pundits know and like Joe Biden and his gregarious personality.

The reason is that Biden, after a half-century in politics, lacks excitement, and the press is magnetically attracted to novel and unorthodox types like Beto and Mayor Pete. You don’t see Biden on the cover of Vanity Fair, and a grind-it-out win by a conventional warrior doesn’t set journalistic hearts racing.

JOE BIDEN ANNOUNCES 2020 PRESIDENTIAL BID: 3 THINGS TO KNOW ABOUT THE FORMER VICE PRESIDENT

For many in the media, Biden isn’t liberal enough, at least not for the post-Obama era. He doesn’t promise free college and free health care and has a history of working with Republicans, such as John McCain (whose daughter Meghan loves him, and Biden will hit “The View” today.)

What’s more, Biden’s campaign style — speak at rallies, rack up union endorsements — seems hopelessly old-fashioned when we measure popularity by Instagram followers. News outlets are predicting he’ll have trouble getting in the online fundraising game, leaving him reliant on big donors, which used to be standard practice.

And then there’s the age thing. Biden would be the oldest president to be inaugurated, at 78, and he looked a step slow in encounters with reporters yesterday and a few weeks ago.

But what if the journalists are in something of a Twitter bubble, and the actual Democratic Party is much more moderate? We saw that with the spate of allegations by women of unwanted touching, which dominated news coverage until polls showed that most Dem voters weren’t concerned. In that wider world, the Scranton guy’s connection to white, working-class voters could help him against Trump in the industrial Midwest.

SUBSCRIBE TO HOWIE’S MEDIA BUZZMETER PODCAST, A RIFF OF THE DAY’S HOTTEST STORIES

Biden denounced the president’s term as an “aberrant moment” in his launch video, saying four more years would damage the country’s character and “I cannot stand by and watch that happen.”

But first, he’d have to win the nomination in the face of an unenthusiastic press corps.

A New York Times news story said Biden would be “marshaling his experience and global stature in a bid to lead a party increasingly defined by a younger generation that might be skeptical of his age and ideological moderation.”

The Washington Post quoted Democratic strategists as saying that Biden faces an “uphill battle” and “isn’t necessarily the heir apparent to Obama, despite being his No. 2 in the White House for eight years. They argue voters will judge Biden by the span of his decades-long career and are worried the veteran pol hasn’t yet found a winning formula for his own candidacy.”

The liberal Slate said the ex-veep’s rivals view him as a “paper tiger”:

“Biden is something more like a 2016 Jeb Bush: a weak establishment favorite whose time might be past … Biden’s biggest challenge in the primary will be a compromised past spanning nearly 50 years.”

“Compromised” suggests a history of scandal, yet what Slate means is political baggage, such as his backing of a Clinton-era crime bill unpopular with black voters today. Yet I think the rank and file isn’t as concerned about a vote back in 1994, or even the Anita Hill hearings, as the chattering classes.

BIDEN’S SENATE RECORD, ADVOCACY OF 1994 CRIME BILL WILL BE USED AGAINST HIM, EX-SANDERS STAFFER SAYS

One of the few left-leaning pundits to suggest the press is underestimating Biden is data guru Nate Silver at 538:

“Media coverage could nonetheless be a problem for Biden. Within the mainstream media, the story of Biden winning the nomination will be seen as boring and anticlimactic. That tends not to lead to favorable coverage. Meanwhile, some left-aligned media outlets may prefer candidates who are some combination of more leftist, more wonkish, more reflective of the party’s diversity, and more adept on social media.

“If Biden is framed as being out of touch with today’s Democratic Party and that narrative is repeated across a variety of outlets, it could begin to resonate with voters who don’t buy it initially. If he’s seen as a gaffe-prone candidate, then minor missteps on the campaign trail could be blown up into big fumbles.”

CLICK HERE TO GET THE FOX NEWS APP

Look, it’s entirely possible that Biden could stumble, get lapped in fundraising and just be outclassed by younger and savvier rivals. He was hardly a great candidate in 1987 and in 2008.

But if the former vice president finds his footing and the field narrows, the press will be forced to change its tune, and we’ll see a spate of stories about how Joe Biden has “grown.”

Source: Fox News Politics

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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