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Graham: Bad Day for Anyone Hoping to 'Take President Down'

While spending the weekend with President Donald Trump at Mar-a-Lago, Sen. Lindsey Graham, R-S.C., celebrated the results of special counsel Robert Mueller's report with a series of tweets, saying it was a "bad day for those hoping [the report] would take President Trump down."

"I have just received topline findings from Attorney General [William] Barr. Good day for the rule of law. Great day for President Trump and his team. No collusion and no obstruction. The cloud hanging over President Trump has been removed by this report.

"Bad day for those hoping the Mueller investigation would take President Trump down.

"Great job by Mr. Mueller and his team to thoroughly examine all things Russia. Now it is time to move on, govern the country, and get ready to combat Russia and other foreign actors ahead of 2020."

Source: NewsMax Politics

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EDF shares jump on hopes re-nationalization will unlock value

FILE PHOTO: The logo of EDF is seen on the French state-controlled utility EDF's headquarters in Paris
FILE PHOTO: The logo of EDF (Electricite de France) is seen on the French state-controlled utility EDF's headquarters in Paris, France, February 15, 2019. REUTERS/Charles Platiau/File Photo

April 15, 2019

By Geert De Clercq

PARIS (Reuters) – EDF shares rose as much as 4.3 percent on Monday on hopes that a partial re-nationalization of the French utility will unlock value and ring-fence EDF’s capital-intensive nuclear activities from its renewables and grids.

The strategy committee of EDF’s board will review a restructuring plan for the 83.7 percent state-owned group on May 28, French daily Le Parisien reported, adding that this would be followed by presentations to a group of 200 top managers on June 7 and to union representatives on June 20.

A source familiar with the situation confirmed these dates.

EDF declined to comment.

The French government has for some time been looking at how to restructure EDF to isolate its volatile nuclear business from the pressures of a stock market listing and provide a boost to the rest of the company.

It wants to return EDF’s nuclear operations to the public sector but does not necessarily want to buy out minority shareholders in EDF’s other business activities.

EDF operates 58 nuclear reactors which produce about 75 percent of France’s electricity. But the company has been hit by safety outages at dozens of its nuclear plants and has faced billions of euros of cost overruns on a nuclear construction project.

The company also requires massive investment of some 55 billion of euros to upgrade its aging nuclear plants.

The paper said the plan – codenamed Project Hercules – would be likely to involve the creation of a new holding company owning EDF’s nuclear activities and wholesale power sales, and possibly also its hydropower plants.

This would allow EDF to ring-fence the financial risks associated with nuclear energy from financial markets.

The French government said in November it would consider increasing the state’s stake in EDF and possibly create a new parent company with subsidiaries.

It was not immediately clear whether EDF’s reactor building business Framatome, formerly called Areva, and its nuclear reactors in Britain would also be held in a separate nuclear division.

The paper said the new parent company may not be wholly state-owned, because of the high cost of renationalizing it.

EDF has a market value of 41 billion euros ($46 billion), but trades on a price/book ratio of just 0.82, making it the most undervalued share in the Stoxx European Utilities index by that measure.

The paper quoted an unnamed source as saying that the state would hesitate to buy out minority shareholders, as it would cost “a fortune”, or about 6 to 8 billion euros for 15 percent.

Jefferies wrote in a note that this estimate implied a 12.5-16.6 euro per share buyout price and that the midpoint of this range implied a 20 percent premium to the current share price.

UBS analyst Sam Arie said he expects that a restructuring of EDF will create two balance sheets, with potentially an IPO of a ‘NewCo’ similar to the IPO of innogy from within Germany’s RWE.

“If there is a renationalization of EDF Group, including the nuclear fleet, we expect that would come at a premium for EDF’s minorities,” he said.

The paper said the new parent company would also hold a majority stake in a second holding company which would own some other EDF subsidiaries such as retail power sales, grid units RTE and Enedis. Enedis may partially open its capital to private investors, it said.

EDF chief executive Jean-Bernard Levy said in February the government had asked him to make restructuring proposals by the end of 2019.

Le Parisien said financial institutions including Société Générale, JP Morgan, UBS, Oddo and Natixis were working on several restructuring scenarios,

(Reporting by Geert De Clercq; editing by Richard Lough and Jane Merriman)

Source: OANN

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Germany: Syrian man goes on trial over Chemnitz stabbing

A Syrian asylum-seeker has gone on trial in Germany over the fatal stabbing in August of a German that touched off far-right protests in the eastern city of Chemnitz.

News agency dpa reported that the trial opened Monday at the state court in nearby Dresden, where it is taking place because of security concerns. The defendant, identified only as Alaa S. in line with German privacy rules, faces charges including manslaughter.

Prosecutors say S. came to the aid of an Iraqi man who fell while fighting the victim. The two foreigners are accused of then fatally stabbing him. The Iraqi is being sought on an international arrest warrant.

Thousands of neo-Nazis and others assembled in Chemnitz to protest migration after the death.

Source: Fox News World

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Trump: OPEC Will Cover for Loss of Iran Oil

President Donald Trump said Monday that OPEC nations will "more than make up" the oil lost when Iran waivers expire next month.

He also took a swipe on President Barack Obama's Secretary of State John Kerry, writing on Twitter:

Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil. Iran is being given VERY BAD advice by @JohnKerry and people who helped him lead the U.S. into the very bad Iran Nuclear Deal. Big violation of Logan Act?

Source: NewsMax Politics

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UN rights chief: US sanctions could deepen Venezuelan crisis

The United Nation's high commissioner for human rights says recent U.S. sanctions that are aimed to topple Venezuelan President Nicolas Maduro threaten to deep the nation's crisis.

Commissioner Michelle Bachelet told the Human Rights Council of the U.N. on Wednesday that U.S. measures targeting Venezuela's state-run oil company could have repercussions on people's basic rights and wellbeing.

The Trump administration is among some 50 nations around the world that back opposition leader Juan Guaido, who seeks to oust Maduro.

The U.S. has sanctioned Maduro and dozens in his administration since 2017. In late January, the U.S. Treasury targeted PDVSA, aimed at depriving Maduro of billions in hard cash.

Maduro says the U.S. is leading a coup aimed at stealing the world's largest oil reserves, which Venezuela possesses.

Source: Fox News World

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Bus Aide Snatches MAGA Hat Off 14-Year-Old Student’s Head – Report

A school bus aide allegedly yanked a Trump hat off a 14-year-old student’s head who was celebrating hat day and his “pride in Trump’s America.”

Immediately after boarding the bus, the aide shouted “boy, if you don’t take that hat off this bus,” according to surveillance footage that is part of the incident’s investigation.

“I was really confused, I was like ‘I can’t wear this?’” Said the student. “She, like, threatened me with a referral and threatened to turn the bus around.”

“I said ‘write me up, I didn’t do anything wrong,’ and then she yanked my hat off. It was crazy.”

Other students on the bus, who were allowed to wear their different hats, began texting the boy’s mother about what happened.

The mother went to the police after she was told she wouldn’t be able to see the footage of the incident until after the school district completed its investigation.

“We’re able to confirm that the hat was removed from the child,” said Lieutenant Ryan Grimsdale. “The crux of our investigation will be the interaction directly, physically with the child and how that panned out.”

Correspondingly, Trump supporters have been dealing with confrontations and even assault from leftists since his presidential campaign began in 2015.

A recent example involves the investigation of Zachary Greenberg, 28, who was charged with assaulting a Trump supporter on UC-Berkeley’s campus.

Despite video footage of the incident, an analyst says Greenberg could go “unpunished” because jurors may not see all of the evidence.


Katy joins David Knight to discuss the future for Europeans that increasingly don’t recognize their own “homeland.”

Source: InfoWars

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India’s trade ministry proposes delaying retaliatory tariffs on U.S. goods

FILE PHOTO - A worker loads goods into a container at Thar Dry Port in Sanand
FILE PHOTO - A worker loads goods into a container at Thar Dry Port in Sanand in the western state of Gujarat, India, February 10, 2016. REUTERS/Amit Dave/File Photo

March 29, 2019

NEW DELHI (Reuters) – India’s trade ministry has proposed that the government delays by a month the imposition of retaliatory tariffs on some U.S. goods that were due to go into effect from April 1, a trade ministry spokeswoman told Reuters on Friday.

Trade friction between India and the United States escalated after President Donald Trump announced plans earlier this month to end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to the United States.

Indian officials believe India could lose its preferential treatment in early May. The Indian government has asked the U.S. administration to review its decision, two government officials with close knowledge of the matter said.

In June last year, India had announced it would increase import duties varying from 20 percent to 120 percent on a slew of U.S. farm, steel and iron products, angered by Washington’s refusal to exempt it from new steel and aluminum tariffs.

But since then, New Delhi has repeatedly delayed the implementation of those enhanced duties.

The trade ministry spokeswoman said the government planned to send a delegation to Washington to address bilateral trade issues, and that the ministry was seeking to hold off imposing retaliatory tariffs until May.

“The Ministry of Commerce has requested the Department of Revenue to extend the deadline for imposition of tariffs on U.S. goods by another 30 days,” the spokeswoman said.

The revenue department falls within the finance ministry, and the two ministries need to consult over any decision to delay the tariffs.

India is the world’s largest beneficiary of the Generalized System of Preferences (GSP), which dates from the 1970s, and ending its participation would be the strongest punitive action the United States has taken against the country since Trump took office.

The timing of the U.S. decision to revoke the trade privileges is awkward for India as Prime Minister Narendra Modi’s government is heading into a general election. Voting will take place between April 11 and May 19, and the results will be announced on May 23.

(Reporting by Neha Dasgupta; Editing by Sanjeev Miglani & Simon Cameron-Moore)

Source: OANN

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A man looks out at a flooded residential area in Gatineau
A man looks out at a flooded residential area in Gatineau, Quebec, Canada, April 24, 2019. REUTERS/Chris Wattie

April 26, 2019

MONTREAL/OTTAWA (Reuters) – Rising waters were prompting further evacuations in central Canada on Thursday, with the mayor of the country’s capital, Ottawa, declaring a state of emergency and Quebec authorities warning that a hydroelectric dam was at risk of breaking.

Ottawa Mayor Jim Watson declared the emergency in response to rising water levels along the Ottawa River and weather forecasts that called for significant rainfall on Friday.

In a statement on Twitter, Watson asked for help from the Ontario provincial government and the country’s military.

He warned that “flood levels are currently forecasted to exceed the levels that caused significant damage to numerous properties in the city of Ottawa in 2017.”

Spring flooding had killed one person and forced more than 900 people from their homes in Canada’s Quebec province as of 1 p.m. on Thursday, according to a government website.

Ottawa has received 80 requests for service related to potential flooding such as sandbagging, a city spokeswoman said.

The prospect of more rain over the next 24 to 48 hours triggered concerns on Thursday that the hydroelectric dam at Bell Falls in the western part of Quebec could be at risk of failing because of rising water levels.

Quebec’s provincial police said 250 people were protectively removed from homes in the area as of late afternoon in case the dam on the Rouge River breaks.

The dam is now at its full flow capacity of 980 cubic meters per second of water, said Francis Labbé, a spokesman for the province’s state-owned utility, Hydro Quebec. He said Hydro Quebec expected the flow could rise to 1,200 cubic meters per second of water over the next two days.

“We have to take the worst-case scenario into consideration, since we`re already at the maximum capacity,” Labbé said by phone.

The dam is part of a power station that no longer produces electricity, but is regularly inspected by Hydro Quebec, he said.

(Reporting by Allison Lampert in Montreal and David Ljunggren and Julie Gordon in Ottawa; Editing by James Dalgleish and Peter Cooney)

Source: OANN

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FILE PHOTO: Funeral of journalist Lyra McKee in Belfast
FILE PHOTO: Pallbearers carry the coffin of journalist Lyra McKee at her funeral at St. Anne’s Cathedral in Belfast, Northern Ireland, April 24, 2019. REUTERS/Clodagh Kilcoyne/File Photo

April 26, 2019

BELFAST (Reuters) – Detectives investigating the murder of journalist Lyra McKee in Northern Ireland last week suspect the gunman who shot her dead is in his late teens as they made a further appeal to the local community who they believe know his identity.

McKee’s killing by an Irish nationalist militant during a riot in Londonderry has sparked outrage in the province where a 1998 peace deal mostly ended three decades of sectarian violence that cost the lives of some 3,600 people.

The New IRA, one of a small number of groups that oppose the peace accord, has said one of its members shot the 29-year-old reporter dead in the Creggan area of the city on Thursday when opening fire on police during a riot McKee was watching.

The killing, which followed a large car bomb in Londonderry in January that police also blamed on the New IRA, has raised fears that small marginalized militant groups are exploiting a political vacuum in the province and tensions caused by Britain’s decision to leave the European Union.

Police released footage on Friday of immediately before and after the shooting showing three men who were involved in the rioting and identified one as the gunman who they believe is in his late teens. 

“I believe that the information that can help us to bring those responsible for her murder to justice lies within the community. I need the public to tell me who he is,” Detective Superintendent Jason Murphy told reporters.

Murphy said those involved in the disorder on the night were teenagers or in their early 20s, and that about 100 people were on the ground watching the trouble as it unfolded.

He added that police believed the gun used in the attack was of a similar caliber to those used before in paramilitary type attacks in Creggan. 

“I recognize that people living in Creagan may find it’s difficult to come forward to speak to police. Today, I want to provide a personal reassurance that we are able to deal with those issues sensitively,” Murphy said, echoing similar appeals in recent days.

(Reporting by Amanda Ferguson, editing by Padraic Halpin and Toby Chopra)

Source: OANN

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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