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Missouri lawmaker wants to stop local plastic bans: 'Let's keep government out of it'

COLUMBIA, Mo. --  As states across the country consider anti-plastic legislation and banning items like drinking bottles and plastic utensils, a Missouri lawmaker is doing the opposite -- he is pushing for laws that would prevent city leaders from banning plastic products.

The proposed law in Missouri’s House of Representatives would prevent local lawmakers from imposing any restrictions or prohibition on plastic products, including straws and cups.

HB 271 is an extension of current laws in the state passed in 2015 that stop cities from banning paper and plastic bags.

“What we saw was several states have gone beyond getting involved with businesses with the bags,” said Missouri State Rep. Dan Shaul, sponsor of the bill. “I’ve always been one for less government. Let’s keep government out of it, and let the businesses and consumer decide how to conduct their business.”

Shaul’s proposed bill also prevents government agencies from imposing a tax on plastic items.

“Everybody is talking about the plastic straw but it goes beyond that,” Shaul stated. “We have a grocery store chain in Saint Louis that will cook your seafood for you. Well, what kind of container do you put that in to take it home so it stays fresh in the same condition? I think it’s best left to the consumer and retailer.”

For John Shulte, owner of Shulte’s Fresh Foods in Jefferson City, his choice of using plastic has to do with the company’s bottom-line.

“The plastic offers a nice visual for the product,” Shulte stated to Fox News. “You can see the product better and the product looks good and the visibility is good. You're more apt to sell that product and sell a lot of it.”

Shulte said that while he recycles at home, he doesn't think lawmakers should impose rules on single-use plastic litter.

At least 91 bills have been introduced in cities across the country so far this year, according to data from the National Conference of State Legislatures. Most of the bills introduced would ban or place a fee on plastic bags.

Six states, including North Dakota, Oklahoma, South Carolina, Utah and West Virginia, are considering preempting local governments from placing a ban or fee on bags.

And while there’s no current legislation in the state of Missouri that bans businesses from using plastic straws and containers, some businesses in the state are choosing alternatives.

Restaurants like the Barred Owl Butcher & Table are providing customers with metal straws.

“We've always been kind of really aware of our impact on the community and in the environment as a restaurant,” the restaurant’s owner Ben Parks said. “Restaurants, in general, tend to produce a lot of waste and so we try to look for whatever ways we can to minimize our waste, especially our plastic waste in any way possible.”

Research from Louisiana State University shows that of the more than 5 million tons of plastic that enters the ocean every year, a majority comes from the Mississippi River.

That’s why opponents of the bill say local jurisdictions should have a say in addressing plastic products in their communities.

“This bill does not create a solution,” Ed Smith, policy director for the Missouri Coalition for the Environment, told Fox News. “It just kicks the can down the road and going to make plastic pollution a problem.”

Source: Fox News Politics

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Lori Loughlin's daughter Olivia Jade was aboard USC official's yacht in Bahamas when mom was charged: reports

Lori Loughlin's daughter Olivia Jade was spending spring break on a University of Southern California official's yacht when her mother was accused Tuesday of involvement in a college admissions scheme, reports said.

Jade, 19, was on Rick Caruso's luxury yacht Invictus in the Bahamas, a report said. Caruso is chairman of USC's Board of Trustees.

Jade, who currently attends USC, was with Caruso's daughter Gianna and several other friends, the outlet reported.

"My daughter and a group of students left for spring break prior to the government's announcement yesterday," Caruso told TMZ. "Once we became aware of the investigation, the young woman decided it would be in her best interests to return home."

"Once we became aware of the investigation, the young woman decided it would be in her best interests to return home."

— Rick Caruso, chairman of USC's Board of Trustees

USC TO 'REVIEW' STUDENTS, GRADS WHO MAY BE LINKED TO COLLEGE ADMISSIONS CHEATING SCANDAL

Loughlin's daughter has since returned to Los Angeles to face the allegations that could result in her getting expelled from USC, the Daily Mail reported.

USC's Board of Trustees will not decide the status of Jade and the other students involved in the case, but rather, the university's president will make the decisions, according to TMZ.

Lori Loughlin and daughter Olivia Jade Giannulli attend Women's Cancer Research Fund's An Unforgettable Evening Benefit Gala at the Beverly Wilshire Four Seasons Hotel on Feb. 27, 2018, in Beverly Hills, California.

Lori Loughlin and daughter Olivia Jade Giannulli attend Women's Cancer Research Fund's An Unforgettable Evening Benefit Gala at the Beverly Wilshire Four Seasons Hotel on Feb. 27, 2018, in Beverly Hills, California. (Getty)

Loughlin's rep had no comment, People reported.

Business deals in jeopardy?

Jade is a YouTube beauty vlogger and social media star, but in the midst of her mother's charges, she may lose the lucrative brand-sponsorship deals she has landed over the years, Variety reported.

HP, having cut ties with Jade, said in a statement, “HP worked with Lori Loughlin and Olivia Jade in 2017 for a one-time product campaign. HP has removed the content from its properties.”

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Jade also cut brand deals with partners including Amazon, Dolce & Gabbana, Lulus, Marc Jacobs Beauty, Sephora, Smashbox Beauty Cosmetics, Smile Direct Club, Too Faced Cosmetics, Boohoo, and Unilever’s TRESemmé, the report said.

Jade's rep declined to comment, Variety reported. Estée Lauder Companies, which owns Smashbox and Too Faced, also declined to comment, while the other brands or companies the magazine reached out to did not immediately respond to their requests for comment.

Source: Fox News National

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5,000 nationalists protest corruption in Ukraine

About 5,000 nationalist demonstrators have held a protest in the Ukrainian capital of Kiev calling for arrests in a defense industry corruption case.

The Saturday protest was the latest in several weeks of demonstrations by supporters of the far-right focusing on corruption.

A journalistic investigation in February reported that figures close to President Petro Poroshenko and a factory controlled by him were involved in an embezzlement scheme. It has become a top issue in the heated campaign ahead of Ukraine's March 31 presidential election.

Poroshenko is trying to get re-elected, but a deep recession, endemic corruption and a war with Russia-backed separatists that has killed some 13,000 people since 2014 are weighing heavily on his ambitions.

Source: Fox News World

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Beto makes Texas-sized prediction; Why Democrats want to pack the Supreme Court, change American institutions

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Developing now, Wednesday, March 20, 2019

BETO’S TEXAS-SIZED PREDICTION: Beto O’Rourke predicts that if he wins the 2020 Democratic presidential nomination, he’ll take his native state of Texas in the general election ... Speaking with reporters after holding his first event in New Hampshire as a presidential candidate, O’Rourke said, "Yes I think we can win Texas. I think we’ve proven we know how to campaign.” The former congressman also said he would consider lowering the federal voting age to 16, scrapping the Electoral College, increasing the number of justices on the Supreme Court, and eliminating the filibuster in the Senate.

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Former Vice President Joe Biden speaks at the International Association of Firefighters at the Hyatt Regency on Capitol Hill in Washington, Tuesday, March 12, 2019, amid growing expectations he'll soon announce he's running for president. (AP Photo/Andrew Harnik)

Former Vice President Joe Biden speaks at the International Association of Firefighters at the Hyatt Regency on Capitol Hill in Washington, Tuesday, March 12, 2019, amid growing expectations he'll soon announce he's running for president. (AP Photo/Andrew Harnik)

BIDEN APPEARS TO INCH CLOSER TO LAUNCHING 2020 CAMPAIGN: Former Vice President Joe Biden told a group of supporters Tuesday that he plans to run for president in 2020 and needs help securing contributions from donors, according to a report ...  Biden, who ranks high in polls among Democratic favorites, said he wanted to raise cash comparable to what fellow Dems Beto O’Rourke and Bernie Sanders raised shortly after announcing their candidacies, a knowledgeable source told the Wall Street Journal.

'PANICKING' 2020 DEMOCRATS LOOK TO TRANSFORM: In recent days on the campaign trail, various 2020 Democratic presidential candidates, from Sen. Elizabeth Warren to Sen. Cory Booker to Beto O'Rourke, have called for transforming American institutions, like eliminating the Electoral College, changing the way Supreme Court Justices are selected, lowering the voting age and ending "racist" voter ID laws ... Democrats' critics, such as President Trump's senior campaign adviser and daughter-in-law, Lara Trump, told "America's Newsroom" on Tuesday that the party is still upset over the outcome of the 2016 election and is already panicking about 2020.  (Click on the image above to watch the full interview.)

Still, one Democratic presidential candidate, former U.S. Rep. John Delaney of Maryland, thinks it's a waste of time for candidates to talk about the Electoral College.

SUPREME COURT GIVES TRUMP IMMIGRATION VICTORY: The Supreme Court on Tuesday handed the Trump administration a victory in its battle to clamp down on illegal immigration by making it easier to detain immigrants with criminal records ... In the case before the justices, a group of mostly green card holders argued that unless immigrants were picked up immediately after finishing their prison sentence, they should get a hearing to argue for their release while deportation proceedings go forward. But in the 5-4 decision on Tuesday, the Supreme Court ruled against them, deciding that federal immigration officials can detain noncitizens at any time after their release from local or state custody.
(In two other cases, Gorsuch and Kavanaugh were on opposite sides. We have a story up, if you want to add a Related.)

MUELLER PROBE TARGETS - A DEMOCRAT: Former Obama White House Counsel and Clinton-linked attorney Greg Craig may soon be charged by the Justice Department for engaging in illegal unregistered overseas lobbying, in a case initially probed by Special Counsel Robert Mueller ... If charged, Craig would be the first Democrat to face prosecution amid the long-running Russia investigation.


THE SOUNDBITE

WHY TRUMP - AND KOPPEL - ARE RIGHT ABOUT THE MAINSTREAM MEDIA -  "Those lines of separation have become increasingly blurred and in the age of Trump, as Koppel suggested. They've gone completely out the window because of the sense among journalists that the election of Donald Trump constituted a national emergency and it was their duty as patriots to resist it and to do all that they could to undo this presidency, which they have assiduously tried to do and we see it reflected constantly." Brit Hume. Fox News senior political analyst, on "Tucker Carlson Tonight," saying his former ABC News colleague Ted Koppel’s comments about the “establishment press” being out to get President Trump are true. (Click the image above to watch the full video.)

TODAY'S MUST-READS
Ocasio-Cortez de-listed from board of Justice Democrats after controversy.
Someone in State Department likely involved in bid to take down Trump: Catherine Herridge.
Gutfeld on millennials’ stresses.

MINDING YOUR BUSINESS
Fox, Disney to close transformative $71.3 billion deal.
Midwest farmers' struggles compounded by devastating floods.
Report: Mike Trout, Angels reach $430M contract extension, richest deal in sports history.

STAY TUNED

On Fox Nation:

What Made America Great, Season 2
Brian Kilmeade travels to historic places and relives the biggest events that shaped our amazing country on “What Made America Great." Watch a preview of the show now.
Not a subscriber? Click here to join Fox Nation today!
Fox Nation is a subscription streaming service offering daily shows and documentaries that you can’t watch anywhere else. Watch from your phone, computer and select TV devices.

On Fox News:

Fox & Friends, 6 a.m. ET: Special guests include: Eric Trump; Abby Johnson, former director of Planned Parenthood; Jim McLaughlin, former Trump pollster.

Fox News @ Night, 11 p.m. ET: U.S. Rep. Devin Nunes, R-Calif., ranking member of the House Intelligence Committee

On Fox Business:

Mornings with Maria, 6 a.m. ET: Special guests include: Kevin Johnson, CEO of Starbucks.

Varney & Co., 9 a.m. ET: Special guests include: Otto Reich, former U.S. ambassador to Venezuela.

On Fox News Radio:

The Fox News Rundown podcast: "Democrats Push to Expand the Supreme Court" - Democrat presidential hopefuls are promoting the idea of expanding the Supreme Court to more than nine justices. Judge Andrew Napolitano, Fox News senior judicial analyst, discusses whether that would be possible. Cuban doctors on medical missions to Venezuela claim they were used as political operatives who promised health care services in exchange for support of Venezuela's embattled President Nicolas Maduro. Fox News' Eben Brown speaks to former U.S. ambassador to Venezuela, Otto Reich, who says this has been going on for years.

Want the Fox News Rundown sent straight to your mobile device? Subscribe through Apple Podcasts, Google Play, and Stitcher.

The Brian Kilmeade Show, 9 a.m. ET: Former DNC Chair Donna Brazile on the Mueller investigation and state of the Democratic candidates for 2020 presidential race.  Adm. James Stavridis on the latest developments in China and Venezuela. Jason Piccolo gives the inside story on his new book, "Unwavering: A Border Agent's Journey from Hunter to Hunted." Bernard McGuirk and Sid Rosenberg, hosts of "Bernie & Sid in the Morning," on March Madness and Los Angeles Angels star outfielder Mike Trout's reported record-breaking $430 million new contract.

The Todd Starnes Show, Noon ET: Todd Starnes speaks with Holmdel High School student Boris Kizenko, who said he was excluded from the school’s National Honors Society List for supporting President Trump.

#TheFlashback
1976: Kidnapped newspaper heiress Patricia Hearst is convicted of armed robbery for her part in a San Francisco bank holdup carried out by the Symbionese Liberation Army.
1969: John Lennon marries Yoko Ono in Gibraltar.
1854: The Republican Party of the United States is founded by slavery opponents at a schoolhouse in Ripon, Wis.

Fox News First is compiled by Fox News' Bryan Robinson. Thank you for joining us! Have a good day! We'll see you in your inbox first thing Thursday morning.

Source: Fox News National

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Deutsche Bank CEO sees strong case for merger with Commerzbank: source

FILE PHOTO: Christian Sewing, CEO of Deutsche Bank AG, addresses the media during the bank's annual news conference in Frankfurt
FILE PHOTO: Christian Sewing, CEO of Deutsche Bank AG, addresses the media during the bank's annual news conference in Frankfurt, Germany, February 1, 2019. REUTERS/Kai Pfaffenbach/File Photo

March 21, 2019

FRANKFURT (Reuters) – Christian Sewing, the chief executive of Deutsche Bank, believes there is a strong case for a merger with rival Commerzbank, according to a person with direct knowledge of his thinking ahead of Thursday’s meeting of the supervisory board, setting the stage for a showdown with unions fearing massive job cuts.

Sewing sees multiple benefits of a merger, including “clear” dominance in its home market, scale, and shared technology costs, the person said.

Deutsche’s CEO also believes that a combined entity would improve the cost of funding, with “the best funding ever”, the person said. Jobs would be cut with or without a merger, the person said.

A spokesman for Deutsche Bank declined to comment.

(Reporting by Tom Sims and Andreas Framke; Editing by Riham Alkousaa)

Source: OANN

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New Zealand citizens open to gun reform after massacre

The New Zealand leader's promise of tightened gun laws in the wake of the Christchurch mosque shootings has been widely welcomed by a stunned population.

Prime Minister Jacinta Ardern said her Cabinet will consider the details of the change on Monday. She has said options include a ban on private ownership of semi-automatic rifles that were used with devastating effect in Christchurch and a government-funded buyback of newly outlawed guns.

Christchurch gun owner Max Roberts predicted Ardern won't face serious opposition to her in-principle agenda.

Elliot Dawson survived the shooting at Christchurch's Linwood mosque by hiding in a bathroom. She hopes New Zealand follows Australia's lead on gun control.

Australia's virtual ban on private ownership of semi-automatic rifles cut the size of the country's civilian arsenal by almost a third.

Source: Fox News World

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Brazil’s vice president to visit China, top trading partner, next month

Brazil's Vice President Hamilton Mourao delivers a speech during the opening of LAAD, the biggest military industry expo in Latin America, in Rio de Janeiro
Brazil's Vice President Hamilton Mourao delivers a speech during the opening of LAAD, the biggest military industry expo in Latin America, in Rio de Janeiro, Brazil April 2, 2019. REUTERS/Ricardo Moraes

April 24, 2019

BRASILIA (Reuters) – Brazil’s Vice President Hamilton Mourao said on Wednesday he will travel to China on May 16, staying for 10 days with stops in Beijing and Shanghai.

Mourao, a former general who is seen as a moderate in the far-right government of Jair Bolsonaro, has recently become embroiled in a nasty war-of-words with the president’s sons, who are both influential lawmakers.

In comparison with Bolsonaro, who often criticized China’s large role in Brazil’s economy during his presidential campaign, Mourao has taken a more pragmatic approach toward his country’s top trading partner, seeking to maintain commercial ties.

Mourao’s visit to the world’s second-largest economy should mark the reactivation of the Sino-Brazilian Bilateral Cooperation Commission. Additionally, there is also hope that new meat export permits may be announced during the visit, according to Chinese Ambassador to Brazil Yang Wanming.

(Reporting by Lisandra Paraguassu; Editing by Tom Brown)

Source: OANN

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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