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Reports: Rockies extend Marquez for five years, $43 million

FILE PHOTO: MLB: Colorado Rockies at Miami Marlins
FILE PHOTO: Mar 29, 2019; Miami, FL, USA; Colorado Rockies starting pitcher German Marquez (48) delivers a pitch in the first inning of a game against the Miami Marlins at Marlins Park. Mandatory Credit: Sam Navarro-USA TODAY Sports

April 3, 2019

The Colorado Rockies agreed with right-handed starter German Marquez on a five-year, $43 million contract extension, according to multiple reports Tuesday.

Marquez, 24, was not yet arbitration eligible but is now under contract through 2023. ESPN reports the deal includes a club option that could become a mutual option for 2024 if Marquez has two top-three finishes in Cy Young Award voting, with other escalators for top-five finishes.

The deal marks the second-largest guarantee for any pitcher with two or fewer years of service in the majors. Tampa Bay’s Blake Snell, who won the 2018 AL Cy Young Award, received a five-year, $50 million extension last month.

Marquez broke out in the second half of last season, going 6-3 with a 2.61 ERA, 124 strikeouts and just 20 walks across 93 innings, helping the Rockies make a late charge to the playoffs. He finished the season 14-11 overall, with a 3.77 ERA, 230 strikeouts and 57 walks in 196 innings across 33 starts. He has a career ERA of 4.07.

Opening his third full season in the majors, Marquez won his first start of 2019 on Friday, allowing one run on two hits in six innings against the Marlins, striking out seven and walking three.

The Venezuela native is scheduled to make his second start on Wednesday in the series finale at the Rays.

–Field Level Media

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Imperiled Doug Jones to Back Dems' Presidential Nominee

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For any other Democrat, the move would not be remarkable. For Sen. Doug Jones, the Democrat from Alabama, it could complicate his already precarious bid for re-election. He just pledged to support whomever Democrats nominate for president.

“Whatever we’re going to do, we will end up supporting the nominee,” Jones told Alabama voters on Friday. “I’m not going to run away from that. And I’m going to hope to have some of my colleagues come down here.”

That 2020 nominee remains unknown, of course, with the primary season still nearly a year away. Like the rest of the electorate, voters in Alabama are still getting to know the dozen-plus presidential aspirants. History indicates they might not like what they find.

The state known as the Heart of Dixie soured early on the last candidate Democrats nominated. Hillary Clinton would lose there to Donald Trump by more than half a million votes, a nearly 30 percentage-point margin. The state was so bright red in 2016 that Clinton never even visited.

Democrats will likely have a hard time improving on that record next year. Some of the candidates lining up to challenge Trump are much farther to the left ideologically than Clinton.

Whoever gets the nod will share a ticket with the Southern moderate Jones. He is just one of two Senate Democrats running for re-election in states that Trump carried, and his second race is expected to be substantially more difficult than his first.

Jones, who became the first Senate Democrat to win in the state in a quarter-century, was considered something of a “fluke” among the Alabama political class. He owes his seat less to any genius strategy than to a disgraced Republican opponent. He had the good fortune to run against Roy Moore, the former state Supreme Court judge who appeared to be a shoo-in until allegations of sexual dalliances with underage girls surfaced.

Moore drew national condemnation, and Jones went on to win the special election for the seat vacated by then-Attorney General Jeff Sessions. But just barely: He prevailed by less than two percentage points (just 22,000 votes).

Those political circumstances make Jones a marked man as he seeks a full six-year term. The National Republican Senate Committee sees Alabama as a prime pickup opportunity, and survival in the Deep South hinges on striking a moderate tone.  Jones has delivered so far by bucking party brass, siding more than once with Republicans and shying away from criticism of Trump. During his first year in the Senate, he voted with the president more than 50 percent of the time, according to an analysis by FiveThirtyEight.

Pointing to that record, Jones told Stephen Colbert on “The Late Show” that he is “as close to the middle as you can possibly get.” Summing up the Southern political climate, the senator told the talk show host, “That is just where we are as a party in the South. … I call it the radical middle.”

Republicans see it differently. Rep. Bradley Byrne, who plans to run for the seat, told RealClearPolitics that the early 2020 endorsement is more evidence that Jones “is a die-hard liberal.”

“It is no surprise to hear he will support the Democrat nominee for President in 2020 — whoever it is,” Byrne said in a statement. “This Democrat Presidential primary is a race to see how far to the left they can go, and I look forward to Doug Jones defending radical ideas like the Green New Deal and infanticide to Alabama voters.”

The early endorsement may be evidence of another harsh political reality. While the presidential nomination is anyone’s guess at this point, the odds seem to favor Democrats picking a senator to challenge Trump. Six of Jones’ colleagues are already in the race.

One longtime Alabama strategist told RCP that Jones would be seen as unserious if he were to remain coy and withhold his support.

“I think it is one of those things where he doesn’t want to be too cute by half,” said David Mowery, who has worked for both Democrats and Republicans. "If it is a fellow senator, it will be hard not to endorse. I just don’t think anyone would believe it.”

The strategist agreed with the conventional wisdom that Jones is essentially a dead man walking. Endorsing early appears to be part of an effort to counter a political deck that’s stacked against him.  “The hope,” Mowery concluded, “is that voters say, ‘We knew that, but we like Doug.’” 

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Bottas wins Australian Grand Prix for Mercedes

Mercedes' Valtteri Bottas drives through turn two during the Formula One F1 Australian Grand Prix at the Albert Park Grand Prix Circuit in Melbourne
Mercedes' Valtteri Bottas drives through turn two during the Formula One F1 Australian Grand Prix at the Albert Park Grand Prix Circuit in Melbourne, Australia, March 17, 2019. AAP/Julian Smith/via REUTERS

March 17, 2019

By Ian Ransom

MELBOURNE (Reuters) – Valtteri Bottas capitalized on a late pitstop to upset his world champion team mate Lewis Hamilton and clinch the season-opening Australian Formula One Grand Prix for Mercedes on Sunday.

Starting second behind pole-sitter Hamilton, Bottas got the jump on the Briton during a typically messy start at Albert Park and ended up cruising to his fourth win by some 20.80 seconds after delaying a tyre-change.

Runner-up Hamilton, who switched to the medium compound tyres seven laps earlier than Bottas, had to battle to hold off third-placed Max Verstappen and was fortunate the Red Bull driver took a skid in the grass late on to lose vital seconds.

Bottas, who claimed his first race win since Abu Dhabi in 2017, added icing to the cake by clinching a bonus point for the fastest lap at the lakeside circuit in one minute 25.580 seconds.

“I don’t know what just happened. The start was really good, it was definitely my best race ever,” said the Finn.

“I just felt so good and everything was under control. The car was so good today so truly enjoyable, I need to enjoy today.

“I’m just so happy and can’t wait for the next race.”

While Hamilton was forced to sweat, the Silver Arrows will have been thrilled that their raw pace was enough to blitz the chasing pack.

“It was a good weekend for the team,” said Hamilton. “Valtteri drove an incredible race today so he deserved it.”

For Ferrari, however, it was a sobering day as fourth-placed Vettel and fifth-placed new boy Charles Leclerc were reduced to fighting each other for a minor position.

In the midfield battle, Kevin Magnussen was sixth for Haas ahead of Renault’s seventh-placed Nico Hulkenberg.

It was a disastrous Renault debut for home hope Daniel Ricciardo as he rolled wide into the grass straight out of the grid and destroyed his front wing over a bump.

He was forced to pit immediately to replace it and ended up retiring midway through the race.

McLaren driver Carlos Sainz also retired after easing into pit lane on the 11th lap with his car on fire.

Haas, who lost both cars due to botched tyre changes in last year’s race, showed they were not free of their pit-stop gremlins, as a poor stop caused Romain Grosjean to lose two places.

Grosjean later was forced to retire with a reliability problem.

Prior to the start, drivers and officials stood for a minute’s silence at the grid in tribute to the late F1 racing director Charlie Whiting and in remembrance of victims of a mass shooting at two mosques in New Zealand on Friday.

(Reporting by Ian Ransom; Editing by Nick Mulvenney)

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Building fire, explosion kills at least one and injures more than a dozen in North Carolina

One person has been killed and at least 15 are injured after an explosion and massive fire at a building in downtown Durham, North Carolina on Wednesday.

Plumes of smoke can be seen for miles and debris covers the busy street as firefighters work to secure the area where the blast took place after a construction worker drilled into the sidewalk and struck a two-inch gas line, police told ABC News.

Among those injured is a firefighter who was hospitalized in serious condition, police say, and a Dominion Energy worker.

The explosion, which took place near the Durham School of the Arts, was so severe that it blew out the windows of surrounding buildings, causing injuries such as deep cuts and head wounds to those inside, 58-year-old Jim Rogalski said.

MASSIVE FIRE CAUSES EXPLOSION AT RESIDENTIAL BUILDING IN PARIS

'MAJOR' NEW JERSEY FOREST FIRE CLOSES ROADS; SMOKE FROM BLAZE REPORTED IN NEW YORK CITY

"It was terrifying," he said. "The whole building shook. Things started falling — ceiling tiles, and structure and glass and debris. Lots and lots of dust. It was tough to see beyond 20 feet or so."

The explosion reportedly took place just 15 minutes after his human resource's manager emailed the company alerting employees that the fire department was investigating the smell of gas.

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The site of the explosion is the historic Studebaker Building, which was built in 1920 as a car dealership and auto parts store. It has since been leased out as an office space to the Prescient Company, an industrial construction firm.

Source: Fox News National

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Chipotle receives subpoena related to Ohio illness incident

FILE PHOTO: The logo of Chipotle Mexican Grill is seen at the Chipotle Next Kitchen in Manhattan
FILE PHOTO: The logo of Chipotle Mexican Grill is seen at the Chipotle Next Kitchen in Manhattan, New York, U.S., June 28, 2018. REUTERS/Shannon Stapleton/File Photo

April 25, 2019

(Reuters) – Chipotle Mexican Grill Inc said on Thursday it received another subpoena from U.S. federal prosecutors, seeking information related to an outbreak that left hundreds of people sick last year in an Ohio restaurant.

Over the past three years, the company has faced a number of subpoenas regarding sicknesses linked to its restaurants following an E. Coli, salmonella and norovirus outbreaks at the company’s outlets dating back to late 2015 that affected hundreds across several states.

The latest subpoena is the fourth and is part of an ongoing criminal investigation being conducted by the U.S. Attorney’s office for the Central District of California.

Last August, a type of bacteria found in meat and pre-cooked food left at unsafe temperatures was responsible for making hundreds of people ill in a Powell, Ohio restaurant.

The April 18 subpoena, disclosed https://www.sec.gov/Archives/edgar/data/1058090/000105809019000015/cmg-20190331x10q.htm in a regulatory filing on Thursday, is seeking information related to the incidents of illnesses associated with the Ohio restaurant and restaurants in California, Massachusetts, and Virginia, that were covered under previous subpoenas.

Chipotle reported better-than-expected quarterly revenue and profit on Wednesday, driven by its new campaigns and its online ordering and deliveries initiatives.

The results were a reflection of Chief Executive Officer Brian Niccol’s push to increase delivery options, create new menus and grow its loyalty program.

The company even launched a campaign earlier this year, that showcases all the fresh ingredients used in its tacos and burritos, coming after the negative publicity it received from the 2015 incident.

The company’s shares were up about a percent before the bell.

(Reporting by Nivedita Balu in Bengaluru; Editing by Shailesh Kuber)

Source: OANN

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Who is William 'Rick' Singer, the college admissions cheating scandal's alleged ringleader?

William "Rick" Singer, founder of for-profit college prep business Edge College & Career Network also known as "The Key," is allegedly the mastermind behind one of the largest college admissions scams to ever hit the U.S. and went to great lengths — which included pricey fees — to ensure his clients' demands were met.

Singer, 58, has been called the "ringleader" behind the scheme, purportedly collecting roughly $25 million from dozens of individuals including actresses Felicity Huffman and Lori Loughlin over the course of nearly a decade to bribe school coaches and administrators into pretending their children were athletic recruits to ensure their admission into top tier colleges, prosecutors say.

The Newport Beach, Calif., businessman agreed to plead guilty in Boston federal court Tuesday to charges including racketeering conspiracy and obstruction of justice. As a part of his guilty plea, Singer said he would pay at least $3.4 million to the feds, The Boston Globe reports.

3 OF THE MOST BIZARRE DETAILS OF THE COLLEGE ADMISSIONS CHEATING SCANDAL

On his website for The Key, Singer describes himself as a dedicated father and coach who understands the pressure put on families surrounding college acceptances. The Key calls itself "the nation’s largest private life coaching and college counseling company."

William "Rick" Singer, founder of the Edge College & Career Network, pleaded guilty to charges in a nationwide college admissions bribery scandal. 

William "Rick" Singer, founder of the Edge College & Career Network, pleaded guilty to charges in a nationwide college admissions bribery scandal.  (AP Photo/Steven Senne)

"As founder of The Key, I have spent the past 25 years helping students discover their life passion, and guiding them along with their families through the complex college admissions maze. Using The Key method, our coaches help unlock the full potential of your son or daughter, and set them on a course to excel in life," Singer stated online, providing biographies for seven other "coaches."

Andrew Lelling, U.S. attorney for the District of Massachusetts, reportedly claimed Singer's clients paid him "anywhere between $200,000 and $6.5 million" for his unique services.

FELICITY HUFFMAN, LORI LOUGHLIN AMONG 50 SNARED IN ELITE COLLEGE CHEATING SCAM, AUTHORITIES SAY

Parents of prospective students conspired with a college entrance consultant to beat the system and ensure their students were admitted or had a better chance to be admitted to certain colleges or universities, including Yale, Stanford, Texas, UCLA, USC, Wake Forest and others.

"According to the charging documents, Singer facilitated cheating on the SAT and ACT exams for his clients by instructing them to seek extended time for their children on college entrance exams, which included having the children purport to have learning disabilities in order to obtain the required medical documentation," the U.S. Justice Department explained, in part, in an online statement.

"Singer would accommodate what parents wanted to do."

— Andrew Lelling

However, that was just one of many ways Singer ensured the students got accepted to elite schools such as Yale, Stanford, Texas, UCLA, USC, Wake Forest and others.

"Singer would accommodate what parents wanted to do," Lelling said, adding that it "appears that the schools are not involved."

Prosecutors say the consultant represented to parents that the scheme had worked successfully more than 800 times.

Singer also served as CEO of the Key Worldwide Foundation (KWF), a non-profit he claimed was a charity. Bribery payments were disguised as donations to KWF in sums up to $75,000 per SAT or ACT exam, the Justice Department said, noting that many students didn't realize their parents had staged anything.

"This is a case where [the parents] flaunted their wealth, sparing no expense to cheat the system so they could set their children up for success with the best money can buy,” Joseph Bonavolonta from the FBI Boston Field Office said in a Tuesday news conference.

In total, 50 people — including more than 30 parents and nine coaches — were charged Tuesday in the scheme.

Fox News' Katherine Lam,Travis Fedschun and The Assocaited Press contributed to this report.

Source: Fox News National

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Sex abuse convictions of Australia cardinal prove polarizing

The most senior Catholic to be convicted of child sex abuse will be sentenced to prison on Wednesday in an Australia landmark case that has polarized observers. Some described the prosecution as proof the church is no longer above the law, while others suspect Cardinal George Pell has been made a scapegoat for the church's sins.

Pope Francis' former finance minister, who had been described as the third-highest ranking Catholic in the Vatican, has spent two weeks in a Melbourne remand jail cell since a sentencing hearing in the Victoria state County Court on Feb. 27 in which his lawyers conceded the 77-year-old must spend time behind bars.

Pell had been convicted in December of orally raping a 13-year-old choirboy and indecently dealing with the boy and the boy's 13-year-old friend in the late 1990s, months after Pell became archbishop of Melbourne and initiated a compensation scheme for victims of clergy sexual abuse. A court order had prohibited media from reporting on the verdict until two weeks ago, when prosecutors abandoned a second trial on charges that Pell had groped two boys in a public swimming pool in the 1970s.

Chief Judge Peter Kidd will sentence Pell on five convictions, each carrying a potential 10-year maximum sentence. The sentences for each conviction are likely to be served concurrently.

Pell's sentence will also reflect court standards of two decades ago when his crimes were committed. In those days, judges placed less weight on the damage done to children by sexual abuse.

In an unusual move for an Australian court that acknowledges intense international interest in the case, the judge will allow his sentencing remarks to be broadcast on live television.

After centuries of impunity, cardinals from Australia to Chile and points in between are facing justice in both the Vatican and government courts for their own sexual misdeeds or for having shielded abusers under their watch.

Last week, France's senior Catholic cleric, Cardinal Philippe Barbarin, was convicted of failing to report a known pedophile priest to police. Barbarin was given a six-month suspended sentence.

Pope Francis last month defrocked the onetime leader of the American church after an internal investigation determined Cardinal Theodore McCarrick sexually molested children and adult men. It was the first time a cardinal had been defrocked over the child abuse scandal.

Pell has denied any wrongdoing and will appeal his convictions on the Victoria Court of Appeal on June 5. His lawyers canceled an application to keep him free on bail before then.

The appeal grounds include that the "verdicts are unreasonable and cannot be supported" by the evidence of more than 20 witnesses who testified, including clerics, choristers and altar servers.

"It was not open to the jury to be satisfied beyond reasonable doubt on the word of the complainant alone," the filings said.

That view has been expressed in some sections of the media.

"Pell was found guilty beyond reasonable doubt on the uncorroborated evidence of one witness, without forensic evidence, a pattern of behavior or a confession," veteran crime reporter John Silvester wrote in Melbourne's The Age newspaper.

"Pell has become a lightning rod on the worldwide storm of anger at a systemic cover-up of priestly abuses. But that doesn't make him a child molester," Silvester added.

An Australian academic who wrote an opinion piece describing Pell's "accusers" as "wicked" last week apologized for the article, which was published in a Catholic monthly newspaper that was later pulled by the church.

"Pell is a tough man and he will, by the grace of God, survive the wickedness of his accusers and the silence of many who should defend him but won't," Tasmania University think-tank director David Daintree wrote in the Tasmania-based Catholic Standard newspaper.

In his written apology issued by the Hobart Archdiocese, Daintree said: "It was never my intention to cast doubt on survivors."

Sky News Live, an Australian cable and satellite television station, protected advertisers' reputations by removing all ads from prominent conservative commentator Andrew Bolt's nightly program after he flagged he would be venting his own misgivings about the verdict.

"Pell could well be an innocent man who is being made to pay for the sins of his church and made to pay after an astonishing campaign of media vilification," Bolt said.

The judge, prosecutor and defense lawyer repeatedly told both Pell's juries that they must not make Pell a scapegoat for the church. The first trial ended in a deadlocked jury and the second jury delivered unanimous guilty verdicts.

Judge Kidd told the sentencing hearing last month: "The Catholic Church is not on trial ... I'm imposing sentence on Cardinal Pell for what he did."

Pell is guilty as charged in the eyes of many who have been quick to distance themselves from the cardinal since the convictions were made public. Melbourne's Richmond Football Club quickly dropped Pell as the Australian Rules Football team's honorary ambassador. Pell was contracted to the club as a budding professional footballer in 1959 before he joined the priesthood.

The prestigious Catholic school where Pell was educated in his hometown of Ballarat, St. Patrick's College, announced that a building named after him would be renamed and Pell would be removed from the school honor board.

"The jury's verdict demonstrates that Cardinal Pell's behaviors have not met the standards we expect of those we honor as role models for the young men we educate," headmaster John Crowley explained.

But the Australian Catholic University said its Pell Center at its Ballarat campus would not be renamed until the appeal process was completed, angering academic staff.

The university's president Greg Craven and former Prime Minister John Howard are among 10 prominent Australians whose character references were submitted to Kidd to take into consideration when deciding an appropriate sentence.

Sydney Archbishop Anthony Fisher told a congregation on the first Sunday after the convictions were made public that they should withhold judgment on Pell until the appeal.

"If we are too quick to judge, we can end up joining the demonisers or the apologists, those baying for blood or those in denial," Fisher said.

Fisher, a former lawyer, holds the church post in Australia's largest city that Pell held before he was elevated to the Vatican.

In the Vatican, Pell is facing a church investigation that could lead to his removal from the priesthood.

When Australian Archbishop Philip Wilson last year became the most senior Catholic cleric ever found guilty of covering up child sex abuse, he initially refused to resign pending an appeal.

But Wilson quit two months later after then-Prime Minister Malcolm Turnbull called on Pope Francis to fire him. Wilson's conviction was eventually quashed on appeal in December, but he has not been reinstated to his former role.

Current Prime Minister Scott Morrison is willing to hold off acting on Pell until his appeal is settled. A petition with more than 100,000 signatures has called for Pell to be stripped of an Australian honor awarded in 2005 for his service to the church, education and social justice.

"I was appalled and shocked," Morrison said of the convictions. "I think any Australian would be to read of those events, but it shows that no one is above the law in this country."

Source: Fox News World

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Sri Lanka's former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake
Sri Lanka’s former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake, Sri Lanka April 12, 2019. REUTERS/Dinuka Liyanawatte

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

COLOMBO (Reuters) – Sri Lanka’s former wartime defense chief, Gotabaya Rajapaksa, said on Friday he would run for president in elections this year and would stop the spread of Islamist extremism by rebuilding the intelligence service and surveilling citizens.

Gotabaya, as he is popularly known, is the younger brother of former President Mahinda Rajapaksa and the two led the country to a crushing defeat of separatist Tamil rebels a decade ago after a 26-year civil war.

More than 250 people were killed in bomb attacks on hotels and churches on Easter Sunday that the government has blamed on Islamist militants and that Islamic State has claimed responsibility for.

Gotabaya said the attacks could have been prevented if the island’s current government had not dismantled the intelligence network and extensive surveillance capabilities that he built up during the war and later on.

“Because the government was not prepared, that’s why you see a panic situation,” he said in an interview with Reuters.

Gotabaya said he would be a candidate “100 percent”, firming up months of speculation that he plans to run in the elections, which are due by December.

He was critical of the government’s response to the bombings. Since the attacks, the government has struggled to provide clear information about how they were staged, who was behind them and how serious the threat is from Islamic State to the country.

“Various people are blaming various people, not giving exactly the details as to what happened, even people expect the names, what organization did this, and how they came up to this level, that explanation was not given,” he said.

On Friday, President Maithripala Sirisena said the government led by premier Ranil Wickremesinghe should take responsibility for the attacks and that prior information warning of attacks was not shared with him.

Wickremesinghe said earlier he was not advised about warnings that came from India’s spy service either, presenting a picture of a government still in disarray since the two leaders fell out last October.

Gotabaya is facing lawsuits in the United States, where he is a dual citizen, over his role in the war and afterwards.

The South Africa-based International Truth and Justice Project, in partnership with U.S. law firm Hausfeld, filed a civil case in California this month against Gotabaya on behalf of a Tamil torture survivor.

In a separate case, Ahimsa Wickrematunga, the daughter of murdered investigative editor Lasantha Wickrematunga, filed a complaint for damages in the same U.S. District Court in California for allegedly instigating and authorizing the extrajudicial killing of her father.

Gotabaya said the cases were baseless and only a “little distraction” as he prepared for the election campaign. He said he had asked U.S. authorities to renounce his citizenship and that process was nearly done, clearing the way for his candidature.

‘DISMANTLE THE NETWORKS’

He said that if he won, his immediate focus would to be tackle the threat from radical Islam and to rebuild the security set-up.

“It’s a serious problem, you have to go deep into the groups, dismantle the networks,” he said, adding he would give the military a mandate to collect intelligence from the ground and to mount surveillance of groups turning to extremism.

Gotabaya said that a military intelligence cell he had set up in 2011 of 5,000 people, some of them with Arabic language skills and that was tracking the bent towards extremist ideology some of the Islamist groups were taking in eastern Sri Lanka was disbanded by the current government.

“They did not give priority to national security, there was a mix-up. They were talking about ethnic reconciliation, then they were talking about human rights issues, they were talking about individual freedoms,” he said.

President Sirisena’s government sought to forge reconciliation with minority Tamils and close the wounds of the war and launched investigations into allegations of rights abuse and torture against military officers.

Officials said many of these secret intelligence cells were disbanded because they faced allegations of abuse, including torture and extra judicial killings.

Muslims make up nearly 10 percent of Sri Lanka’s population of 22 million, which is predominantly Buddhist.

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.

Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.

“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.

“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”

STUART VARNEY: THANKS TO TRUMP, AMERICANS ARE FEELING BETTER ABOUT THEIR FINANCES

39 MILLION ADULTS CANNOT AFFORD A SUMMER VACATION

Kudlow added that Trump has “ended the war” on business and success, and is rallying for the small business owners of America.

“The president is rebuilding incentives, he is rebuilding confidence, he the rebuilding optimism,” he said. “He is basically saying you should keep more of what you earn. He is basically saying to small businesses we’ll cut the paperwork back and make it easier for you to start a business and prosper.”

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Kudlow said the Trump administration is also working with House Speaker Nancy Pelosi and other Democratic leaders to implement bipartisan deals to ensure the continuation of the GDP’s success.

“If the policies and the principles remain in place — and I believe they will — then I believe this new prosperity expansion cycle is going to go on for a whole bunch of more years,” he said.

Source: Fox News Politics

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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President Donald Trump says he feels “young” and “vibrant” at age 72 and thinks he can beat 76-year-old Joe Biden “easily.”

A reporter asked Trump at the White House on Friday how old is too old to be president of the United States.

Trump said: “I just feel like a young man. I’m so young. I can’t believe it. … I’m a young vibrant man.”

Then he smiled and said he’s not sure about Democratic presidential contender Biden, the second-oldest contender in the race behind Bernie Sanders.

Trump said: “I look at Joe. I don’t know about him.”

Biden, in an interview on ABC’s “The View,” joked in response that if Trump “looks young and vibrant compared to me, I should probably go home.”

Source: NewsMax Politics

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