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Must Watch: Chris Matthews Suffers An EPIC Meltdown Over Mueller Report

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Nadler to Call AG Barr to Testify on Mueller Report

The chairman of the U.S. House of Representatives Judiciary Committee, Jerry Nadler, said on Sunday his panel would call Attorney General William Barr to testify shortly, citing concerns over Barr's conclusions from Special Counsel Robert Mueller's Russia probe report.

"In light of the very concerning discrepancies and final decision making at the Justice Department following the Special Counsel report, where Mueller did not exonerate the President, we will be calling Attorney General Barr in to testify before @HouseJudiciary in the near future," Nadler said on Twitter.

Source: NewsMax Politics

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BOE tells some UK lenders to triple amount of liquid assets before Brexit: FT

An adjacent building throws a shadow accross the Bank of England in the City of London
An adjacent building throws a shadow accross the Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne

March 10, 2019

(Reuters) – The Bank of England has told some UK lenders to triple the amount of easy-to-sell assets they hold to help them weather any no-deal Brexit crisis, the Financial Times reported on Sunday, citing people familiar with the situation.

The BOE has told some lenders to hold enough liquid assets to be able to cope with stress of 100 days, instead of the regular 30 days that BOE’s Prudential Regulation Authority rules demand, the FT reported.

A Bank of England spokeswoman said the central bank had no immediate comment.

(Reporting by Ishita Chigilli Palli in Bengaluru; Editing by Peter Cooney)

Source: OANN

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3 Marines killed in Afghanistan ID’d, included FDNY firefighter

The three U.S. Marines killed on Monday in an IED blast in Afghanistan while in a convoy near Bagram Airfield were identified and included a firefighter from New York.

The Taliban suicide bombing killed Staff Sgt. Christopher Slutman, 43, Cpl. Robert A. Hendriks, 25, Sgt. Benjamin S. Hines, 31.

THE LATEST: AFGHAN OFFICIALS SAY 20 TROOPS KILLED BY TALIBAN

Slutman was a 15-year veteran of the New York City Fire Department who served in the reserves. He had a wife and three daughters.

"Through this trying time, we will remember Chris for the father, husband, brother, son, and friend that he was, the moral character he displayed daily, and the courage and conviction to serve his fellow Americans, both at home and abroad," the Kentland Volunteer Fire Department wrote on Facebook said on Facebook.

Hines was from York, Pa., and Hendriks was from Locust Valley, N.Y.

All three were from the 25th Marine Regiment, 4th Marine Division, Marine Forces Reserve.

Several others were injured in the attack.

There are about 14,000 U.S. forces in Afghanistan, supporting embattled Afghan forces as they struggle on two fronts — facing a resurgent Taliban who now hold sway over almost half the country and also the Islamic State affiliate, which has sought to expand its footprint in Afghanistan even as its self-proclaimed “caliphate” has crumbled in Syria and Iraq.

Last year, 13 U.S. service members were killed in Afghanistan.

The Taliban have continued to carry out daily attacks on Afghan security forces despite holding several rounds of peace talks with the United States in recent months. The Taliban have refused to meet with the Afghan government, which they view as a U.S. puppet.

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Bagram Airfield is the largest U.S. military base in Afghanistan.

The Associated Press contributed to this report. 

Source: Fox News National

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Trump Attacks on Obamacare May Unite Democrats

President Donald Trump is calling on Republicans to revive the effort to quash the Affordable Care Act, handing Democrats an opportunity to unite in defense of the law as they try to move past the Russia investigation and win the White House in 2020.

Trump's administration is asking a federal appeals court to strike down the entire healthcare law. The president vowed on Tuesday to make the GOP the "party of healthcare" and told Senate Republicans to lean into their own agenda on the issue as they head into next year's election.

The moves could help Trump rally his conservative base as he celebrates Attorney General William Barr's summary of special counsel Robert Mueller's report that said there was no evidence that the president or his associates colluded with Russia in the 2016 campaign. But the push also poured political kerosene on an issue that many Democrats credit with powering their midterm election victories in November.

Top Democrats, including presidential candidates, said healthcare is an issue that resonates with voters more than the Mueller investigation.

"This is something that Americans care deeply about," said Sen. Amy Klobuchar of Minnesota, a White House hopeful. "I may not have been asked about the Mueller report at town hall meetings, but I was sure asked about healthcare."

Other Democrats appeared to relish the chance to shift to healthcare. Asked if the Trump administration's court filing allowed Democrats to turn the page on Mueller, House Speaker Nancy Pelosi said she would have been talking about healthcare no matter what.

"We have been dealing with healthcare constantly," the California Democrat said. "The public attention has been on the Mueller report, but we have been focused on healthcare."

Another 2020 contender, Sen. Kirsten Gillibrand of New York, said if Trump "wants to have a fight on healthcare, it's a fight we're willing to have. And it's a fight he is going to lose."

That confidence is in part because healthcare was a big political winner for Democrats last year. According to AP VoteCast, a survey of more than 115,000 midterm voters nationwide, nearly 4 in 10 Democratic voters identified healthcare as the most important among a list of key issues including immigration, the economy and the environment. A Quinnipiac University poll released Tuesday found 55 percent of Americans supporting the improvement and not the replacement of the nation's healthcare system.

The Supreme Court has twice upheld President Barack Obama's healthcare law, known as "Obamacare." Five justices — a majority — who upheld the law in 2012 are still on the bench.

Trump's effort to repeal Obamacare narrowly failed in the Senate in 2017. Nearly two years later, it's unclear where the White House plans to focus its healthcare efforts. Trump's most recent budget backs one piece of the legislation that stalled in the Senate.

Republicans gained Senate seats last fall, but there's no indication that GOP senators want another fight over repealing Obamacare — particularly not those up for re-election next year. The GOP also lost control of the House, which means any attempt to dismantle the law could not pass Congress.

One White House official, speaking on condition of anonymity to address still-early talks, said discussions are ongoing with Pelosi's office on legislation to lower prescription drug prices, but no substantive path forward for a broader healthcare bill has emerged.

As the debate plays out on Capitol Hill, the White House made a surprising legal argument for eliminating the healthcare bill. In a Monday court filing, the administration said the entire healthcare law should be struck down as unconstitutional after Congress repealed fines on people who remain uninsured.

That's at odds with previous statements by leading congressional Republicans who said they didn't intend to repeal other parts of the law when they cut out its fines, effective this year. It's also a departure from the administration's earlier stance in a lower court, where it had argued that only federal safeguards for people with pre-existing medical conditions and limits on premiums charged to older, sicker people should be struck down.

Repeal of Obamacare in its entirety would risk making more than 20 million people uninsured. That includes some 12 million low-income people covered through its Medicaid expansion and some 11 million purchasing subsidized private health insurance through HealthCare.gov and state-run insurance markets.

Some Republicans say that wouldn't happen because the Trump administration's "repeal and replace" plan would send grants to states for them to run their own health insurance programs. However, during the 2017 congressional debate over repealing the health law, the nonpartisan Congressional Budget Office estimated the GOP replacement plans would result in steep coverage losses.

Several GOP senators said Tuesday that Trump told them to ensure those with pre-existing conditions stayed protected as they work on an Obamacare replacement. Republicans appeared ready to back up the president on healthcare for now.

Trump is "thinking that's the issue that defines us as conservatives," Sen. Mike Braun, R-Ind., told reporters after the president addressed a closed-door meeting of GOP senators.

Rep. Steve Scalise, the House minority whip, said Democrats have "misled" voters about the benefits of Obamacare.

"They were misled about collusion with Russia," said Scalise, R-La. "The same people that have been misleading on all those other issues want to try to mislead people on healthcare costs."

The sudden focus on the healthcare law comes as Democratic presidential candidates have embraced a move toward a single-payer healthcare system known as "Medicare for All." The momentum for that effort could wane if congressional Democrats instead have to focus on defending Obamacare.

House Democrats on Tuesday unveiled legislation to shore up the Affordable Care Act and expand enrollment to millions more people.

"For (Trump) to bring this back up is traumatic, and it shines a real light on what the contrast is going to be between him and whoever the Democratic nominee is," said Andrew Bates, a spokesman for the Democratic group American Bridge. The group's planned $50 million investment in deterring swing-state voters from backing Trump in 2020 will focus in part on healthcare, as well as other economic issues, Bates said.

Source: NewsMax Politics

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Train company Eurostar suspends UK services due to trespasser

A Eurostar train travels to St Pancras international station in London
FILE PHOTO: A Eurostar train travels to St Pancras international station in London, Britain August 10, 2016. REUTERS/Neil Hall

March 30, 2019

LONDON (Reuters) – Eurostar, the company that runs trains between London, Paris and Brussels, said it had suspended all trains in and out of Britain on Saturday due to a trespasser on the line.

“We have suspend all services to and from London St Pancras this morning, due to a trespasser on the tracks,” Eurostar said, urging passengers not to travel on Saturday morning.

A Eurostar spokeswoman said the trespasser was located near St Pancras station and all services were suspended until at least 0945 GMT.

(Writing by William Schomberg; Editing by Andrew Heavens)

Source: OANN

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Report: Seahawks QB Wilson wants new deal by April 15

FILE PHOTO: MLB: Spring Training-Boston Red Sox at New York Yankees
FILE PHOTO: Mar 15, 2019; Tampa, FL, USA; Seattle Seahawks quarterback Russell Wilson works out prior to the game between the New York Yankees and Boston Red Sox at George M. Steinbrenner Field. Mandatory Credit: Kim Klement-USA TODAY Sports

April 2, 2019

Quarterback Russell Wilson has told the Seattle Seahawks that he wants a new contract by April 15, the first day of the offseason workout program, The Seattle Times reported Tuesday.

It is believed Wilson’s side and the Seahawks have met recently.

Wilson, 30, is entering the final year of a four-year, $87.6 million contract signed July 31, 2015, and he is scheduled to earn a base salary of $17 million in the 2019 season.

While the Seahawks tend to finalize contracts the summer before the season begins, Wilson wants to move up the timeline to remove the distractions of contract talks like the ones he endured before signing his contract in 2015.

The Seahawks have said they intend to sign Wilson to the extension sooner rather than later.

“We’ve been in communication, sure,” head coach Pete Carroll said recently at the NFL league meetings in Phoenix. “It’s very topical, we’re on it.”

Wilson’s contract value averages $21.9 million annually, which narrowly was behind Green Bay quarterback Aaron Rodgers’ $22 million annual average at the time he signed it. Now, Wilson ranks 12th in quarterback pay, according to The Seattle Times.

The Seahawks selected Wilson in the third round of the 2012 NFL Draft, and he led the Seahawks to a victory in Super Bowl XLVIII after his second full season, defeating the Denver Broncos in the 2014 game.

Last season, he threw for a career-high 35 touchdowns, completing 280 of 427 pass attempts for 3,448 yards with seven interceptions. He is a five-time Pro Bowl selection.

–Field Level Media

Source: OANN

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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