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Serbia appeals court overturns verdict for Milosevic's widow

A Serbian appeals court has overturned a one-year prison sentence for the widow of former strongman Slobodan Milosevic and ordered a retrial.

Mirjana Markovic is believed to be living freely in Moscow since 2003 despite the legal proceedings against her in Serbia.

A Belgrade court last year convicted Markovic of abusing her position in 2000 when she helped allocate a state-owned apartment to her grandson's nanny.

But the Appeals Court said on Tuesday that the verdict was flawed and that a new trial must be held.

Markovic had also been sought for questioning over the killing of Milosevic's political opponents during his autocratic rule in the 1990s.

Milosevic was ousted from power in 2000. He died in 2006 while on a genocide trial at a U.N. tribunal in The Netherlands.

Source: Fox News World

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Baby delivered after mother fatally shot has died

A Kentucky coroner says a newborn girl delivered following the fatal shooting of her pregnant mother has died.

A statement from the Fayette County Coroner's Office says 4-day-old Amelia Johnson died Tuesday night from a lack of oxygen due to the death of her mother. Her manner of death was listed as a homicide.

Kentucky State Police have said 29-year-old Geri D. Johnson of Williamsburg was pronounced dead Saturday at Baptist Health Corbin Hospital. The pregnant woman had been brought to the emergency room with a gunshot wound. Police said the infant was delivered and transferred to the University of Kentucky Medical Center in Lexington in critical condition.

The deaths remain under investigation.

Source: Fox News National

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United Methodist delegates defeat bid to ease LGBT bans

The United Methodist Church, America's second-largest Protestant denomination, faces a likely surge in defections and acts of defiance after delegates at a crucial conference Tuesday rejected a move to ease the faith's ban on same-sex marriage and ordination of LGBT clergy.

Some supporters of greater LGBT inclusion were in tears, while others vented their anger after delegates, on a 449-374 vote, defeated a proposal that would have let regional and local church bodies decide for themselves on gay-friendly policies.

"Devastation," was how former Methodist pastor Rebecca Wilson of Detroit described her feelings. "As someone who left because I'm gay, I'm waiting for the church I love to stop bringing more hate."

Delegates then took up a competing measure, known as the Traditional Plan, that would tighten enforcement of the LGBT bans and encourage Methodists who oppose those policies to leave the church. It won majority support in a preliminary vote on Monday.

The Traditional Plan's success was due to an alliance of conservatives from the U.S. and overseas. About 43 percent of the delegates are from abroad, mostly from Africa, and overwhelmingly support the LGBT bans.

If the bans were eased, "the church in Africa would cease to exist," said the Rev. Jerry Kulah of Liberia. "We can't do anything but to support the Traditional Plan — it is the biblical plan."

The deep split within the church was evident in several fiery speeches opposing the Traditional Plan.

"If we bring this virus into our church, it will bring illness to us all," said the Rev. Thomas Berlin of Herndon, Virginia. He predicted many Methodist churchgoers and some regional bodies would leave the church, while others would "stay and fight," performing same-sex weddings even if it meant punishment.

Many supporters of the more liberal plan stood in support as Berlin spoke. Some wore rainbow-motif garments or sat behind rainbow banners.

The Rev. Allen Ewing-Merrill, a pastor from Portland, Maine, pledged defiance of the Traditional Plan, tweeting: "I will not participate in your bigotry, sin & violence."

An association of Methodist theological schools warned that if the Traditional Plan passes, the church "will lose an entire generation of leaders in America."

Formed in a merger in 1968, the United Methodist Church claims about 12.6 million members worldwide, including nearly 7 million in the United States.

While other mainline Protestant denominations, such as the Episcopal and Presbyterian (U.S.A.) churches, have embraced gay-friendly practices, the Methodist church still bans them, though acts of defiance by pro-LGBT clergy have multiplied.

___

Crary reported from New York.

Source: Fox News National

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ECB should look past temporary inflation dips: Weidmann

German Bundesbank President Jens Weidmann presents the annual 2018 report in Frankfurt
German Bundesbank President Jens Weidmann presents the annual 2018 report in Frankfurt, Germany, February 27, 2019. REUTERS/Kai Pfaffenbach

February 27, 2019

FRANKFURT (Reuters) – The European Central Bank should look past short term inflation fluctuations caused by oil price shocks or the temporary growth dip the bloc is experiencing, Bundesbank President Jens Weidmann said on Wednesday.

“The ECB Governing Council’s price stability target is medium term, so we should look through these fluctuations,” Weidmann, an outspoken policy hawk, said in a speech.

“It is clear that short-term fluctuations in oil prices — like the sharp decline at the end of 2018 — but also corrections in growth expectations for 2019, could temporarily influence the inflation outlook,” Weidmann added.

(Reporting by Balazs Koranyi; Editing by Catherine Evans)

Source: OANN

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NBA roundup: Celtics rally past Pacers for 2-0 series lead

NBA: Playoffs-Indiana Pacers at Boston Celtics
Apr 17, 2019; Boston, MA, USA; Boston Celtics forward Jayson Tatum (0) reacts during the first half in game two of the first round of the 2019 NBA Playoffs against the Indiana Pacers at TD Garden. Mandatory Credit: Greg M. Cooper-USA TODAY Sports

April 18, 2019

Jayson Tatum buried a go-ahead 3-pointer with 50.8 seconds remaining Wednesday night, allowing the host Boston Celtics to overcome a late Indiana Pacers flurry and pull out a 99-91 victory in Game 2 of their Eastern Conference first-round playoff series.

With the fourth-seeded Celtics having successfully held serve on their home court to go up 2-0 in the best-of-seven set, the fifth-seeded Pacers will host Games 3 and 4 on Friday night and Sunday afternoon.

Indiana blew a 12-point, fourth-quarter lead. However, the Pacers appeared primed to even the series when Wesley Matthews and Bojan Bogdanovic combined for three 3-pointers in a 70-second spurt, allowing Indiana to retake a 91-89 advantage with 2:16 to go.

But the Pacers didn’t score again, and the Celtics finally did when Tatum drilled his third 3-pointer of the game for a one-point lead in the final minute. The Celtics scored the game’s final 10 points.

Rockets 118, Jazz 98

James Harden posted his third career postseason triple-double, and Houston recorded another rout of visiting Utah in Game 2 of a Western Conference first-round series.

Harden totaled 32 points, 13 rebounds and 10 assists in the wire-to-wire victory. After Utah utilized an unorthodox defensive approach against Harden in the series opener, Harden exploded for 25 first-half points Wednesday on 8-of-15 shooting, including 5-of-9 accuracy on 3-point attempts.

He finished 11 of 24 from the floor, 6 of 13 from long distance. Harden, however, did commit a game-high eight turnovers. The Rockets will take a 2-0 series lead to Salt Lake City for Game 3 on Saturday.

Bucks 120, Pistons 99

Giannis Antetokounmpo sparked the decisive run in Game 2 of the Eastern Conference first-round series, scoring Milwaukee’s first seven points of the second half in a win over visiting Detroit.

The top-seeded Bucks lead the best-of-seven series two games to none. Game 3 is scheduled for Saturday in Detroit, where the eighth-seeded Pistons will try to snap a 12-game postseason losing streak that dates back to 2008. That’s tied for the second-longest postseason losing streak in NBA history, behind only the New York Knicks’ 13 consecutive losses from 2001-12.

Antetokounmpo scored 13 of his 26 points during a third quarter in which the Bucks outscored the Pistons 35-17. He also grabbed a team-high 12 rebounds.

–Field Level Media

Source: OANN

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Toddler with an old soul: Young victim of NZ attack mourned

He spent just three years on this earth, but in some ways, a friend said, he seemed like an old soul. Before he became the youngest known victim of Christchurch's mass shooting, 3-year-old Mucaad Ibrahim had possessed an intelligence beyond his years, and an affinity for his elders.

But on Friday, when a gunman stormed into the mosque where Mucaad was sitting with his big brother and father, it was Mucaad's youth that left him so vulnerable. In the chaos that ensued as people fled from the bullets, the tiny boy became separated from his family. On Sunday, his brother Abdi Ibrahim said that police had confirmed the worst: their beloved little boy was dead.

Each of the 50 lives lost in Friday's senseless barrage of violence at the hands of a white supremacist has left an aching wound across this close-knit city. But the death of Mucaad, with his big brown eyes and sweet smile, has pierced with particular ferocity.

"He's been loved by the community here," said Ahmed Osman, a close family friend. "It's been tough days. It's been really tough days."

Mucaad was a joyful, energetic child who always seemed to be laughing, Abdi said. And he was bright, with an affinity for technology. His toy of choice was an iPad.

The toddler impressed Osman with his intelligence. Mucaad seemed to particularly enjoy talking to older people, he said.

"He was very approachable," Osman said. "He is easygoing to talk to."

Nearly every Friday at 6 p.m., Mucaad would go to the park not far from the mosque where his life would ultimately end. There, he would watch Abdi play soccer with Osman and their friends. The toddler would stand on the sidelines cheering them on, and kicking a ball of his own along the grass, Osman recalled with a smile.

Mucaad had planned to go to the park, as usual, on Friday evening. He would never get the chance.

That afternoon, he joined Abdi and their father at the Al Noor mosque for Friday prayers. Mucaad was sitting just in front of Abdi, listening to the imam, when a thunder of bullets shattered the peace.

Everyone began to run. Abdi thought his father had Mucaad. In the rush and the crush of people, the trio became separated.

That was the last time Abdi saw his baby brother. After an agonizing search by the family, police confirmed that Mucaad was dead, Abdi said.

On Sunday, Abdi waited at Christchurch's airport for the arrival of another one of his brothers, Abdifatah Ibrahim, who had been overseas when the massacre occurred. The shooting, Abdi said, still felt like a terrible dream.

"My mum, she's been struggling," Abdi said. "Every time she sees other people crying, emotional, she just collapses."

A few minutes later, Abdifatah emerged through the arrivals gate. He and Abdi wrapped their arms around each other in a tight embrace. And then they went to wait for the release of their little brother's body so they could lay him to rest, a life ended before it had barely begun.

Source: Fox News World

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Tariff, enforcement issues still hurdles to U.S.-China trade deal: U.S. Chamber

FILE PHOTO - Chinese FM Wang Yi meets with U.S. executive vice president and head of International Affairs at the Chamber of Commerce in Beijing
FILE PHOTO - Myron Brilliant, executive vice president and head of International Affairs at the U.S. Chamber of Commerce speaks during a meeting with Chinese State Councilor and Foreign Minister Wang Yi (not pictured) at the Ministry of Foreign Affairs in Beijing, China February 19, 2019. Wu Hong/Pool via REUTERS

April 2, 2019

WASHINGTON (Reuters) – A trade deal between the United States and China is now more likely to be achieved than not, a top U.S. Chamber of Commerce official said on Tuesday, adding that negotiators needed to show progress this week on an enforcement mechanism and a plan to lift U.S. tariffs on Chinese goods.

If the two sides did not get closer to a deal this week, the timing of an agreement could slip by a few weeks, said Myron Brilliant, the Chamber’s head of international affairs.

“We’re getting to the point where it’s clear that both governments want a deal. The presidents want a deal, and they need to get through the end-game issues. This is a critical week,” Brilliant told reporters ahead of another round of U.S.-China trade negotiations starting on Wednesday.

(Reporting by David Lawder and Chris Prentice; Editing by James Dalgleish)

Source: OANN

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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FILE PHOTO: Ford logo is seen at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

April 26, 2019

(Reuters) – Ford Motor Co said on Friday the U.S. Department of Justice had opened a criminal investigation into the automaker’s emissions certification process in the United States.

The potential concern does not involve the use of defeat devices, the company said in a regulatory filing. (https://bit.ly/2VqjHpl)

Ford had voluntarily disclosed the matter to the U.S. Environmental Protection Agency and the California Air Resources Board in February.

(Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

Source: OANN

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