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US to designate Iran’s Guards Corps a terrorist organization

The Trump administration is preparing to designate Iran's Revolutionary Guards Corps as a "foreign terrorist organization" — an unprecedented move that could have widespread implications for U.S. personnel and policy.

U.S. officials say an announcement could come as early as Monday, after a monthslong escalation in the administration's rhetoric against Iran.

The move would be the first such designation by any U.S. administration of an entire foreign government entity, although portions of the Guard Corps have been targeted before.

Two U.S. officials and a congressional aide are confirming the move. They're not authorized to discuss the matter publicly and are speaking on condition of anonymity.

The designation comes with sanctions, including freezes on some assets and a ban on Americans doing business with the group.

Source: Fox News National

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Mexico president calls for truth commission on conquest

Mexican President Andres Manuel Lopez Obrador asked Spain on Tuesday to set up a kind of fact-finding commission on the 1519-1521 conquest of Mexico to determine what kind of apology is warranted.

Spanish Foreign Minister Josep Borrell quickly knocked the idea down, saying, "Obviously Spain will not issue these apologies that have been requested."

"It seems a little strange that apologies are being demanded now for things that happened 500 years ago" Borrell said during a trip to Argentina. "In the same sense that we are not going to demand that France apologize for the actions of Napoleon's soldiers when they invaded Spain"

Lopez Obrador's proposal to stir up old ghosts has drawn some puzzled reactions in Mexico as well. Some wondered if Mexico would demand apologies from France or the United States — both of which also invaded Mexico — and some noted Lopez Obrador's grandfather was Spanish.

Lopez Obrador said he wants the commission to determine what abuses were committed, so Spain can apologize. Most of Mexico's indigenous population died within decades after the Spanish arrived, largely by diseases carried from Europe.

"What we want to see is if we can put together a joint group to do some fact-finding about what happened, and humbly, based on that, accept our mistakes," Lopez Obrador said Tuesday. "That way, we will know what happened 500 years ago, how things happened, if there were abuses or not."

Few would seriously doubt there were abuses by Spanish conquistador Hernan Cortes from the time he fought his first battle against Chontal Indians in Tabasco around March 25, 1519, marking the start of what Mexicans call "The Conquest."

But the Spanish government has argued that "the arrival, 500 years ago, of Spaniards to what is today Mexican territory cannot be judged in the light of contemporary considerations."

For about a century, Mexico had been willing to let slide the assessment of historic guilt associated with the Conquest.

The official philosophy was stated on a plaque erected in the 1960s at Mexico City's Tlatelolco Square, commemorating the final battle on August 13, 1521, when the Aztec empire fell to the Spaniards.

"It was neither a triumph or a defeat, it was the painful birth of the mestizo (mixed-race) country that is Mexico," the plaque reads.

Indeed, prior to Lopez Obrador's demand Monday for an apology from Spain, most Mexicans appeared content to let the anniversary pass unheeded.

Rosa Maria Gonzalez Moreno, 61, a primary teacher, had walked by Mexico City's Jesus Nazareno church for years and never knew it held Cortes' tomb.

In fact, the metal plaque marking what is thought to be Cortes' final resting place is barely visible near the altar. It wasn't until a week ago, when Gonzalez Moreno attended the rehearsal for her godson's first communion, that another parishioner told her about the tomb.

"Imagine, I walked by here every day for years and never knew it was where Cortes was buried," said Gonzalez Moreno. "You have to learn about history, the good and the bad. The Spaniards brought bad things, but also good things. Some say without them we never would have had our Catholic religion."

One thing that is being reconsidered is how massive the effects of the Conquest were: One recent study suggests it may have changed the global climate.

The study by researchers at University College London suggested that the deaths of so many indigenous people across the hemisphere may have triggered mass forest grow-backs, sucking so much carbon out of the atmosphere that global temperatures fell in the late 1500s and 1600s.

Now some of the reconsideration has taken unexpected directions.

A senator from Lopez Obrador's leftist Morena party, vegan actress Jesusa Rodriguez, suggested Mexicans should give up their beloved roast pork tacos because the Spaniards brought the first pigs to the Aztec capital, known as Tenochtitlan.

"You should realize that every time you eat roast pork tacos, you are celebrating the fall of Tenochtitlan," Rodriguez said in a video on March 14.

Former president Felipe Calderon called Rodriguez "delirious," and acted as if she had attacked Mexico's national values.

"I love carnitas (roast pork), they are a symbol for us," Calderon wrote.

Lopez Obrador says he doesn't want confrontation and views the 500th anniversary of the conquest as a chance to have a "year of reconciliation." He noted that 2021 would also mark the 200th anniversary of Mexico's Independence from Spain.

Lopez Obrador acknowledged Tuesday that not all the abuses were committed by Spain. He offered to apologize to indigenous groups for abuses committed by Mexico once it threw off Spanish rule.

But the president said he couldn't attend the anniversary of the April 22, 1519, founding of the city of Veracruz, because, until things are cleared up, he's in no mood for celebration.

Historian Rodrigo Martinez Baracs said Mexico has to move beyond a black-and-white vision of the events.

"We Mexicans reject the Conquest, Cortes and the Spaniards so much because of a version of history born during the Independence period, when they created the image of Spaniards as evil, greedy and strong and Indians as weak, innocent and poor," wrote Martinez Baracs. "This Liberal-era history ... stressed a sort of inferiority complex that has to be overcome."

Source: Fox News World

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Italy considering compensation claim against EU over bank rescue: Conte

Italian Prime Minister Guiseppe Conte arrives at a European Union leaders summit in Brussels
Italian Prime Minister Guiseppe Conte arrives at a European Union leaders summit in Brussels, Belgium March 22, 2019. Julien Warnand/Pool via REUTERS

March 22, 2019

BRUSSELS (Reuters) – Italy is considering compensation claims against the European Commission for the strict interpretation it gave to EU banking rules, the Italian prime minister said on Friday, after a landmark EU ruling this week over a bank rescue.

On Tuesday the EU general court overturned Brussels’ decision to block a 2014 rescue plan of small Italian lender Tercas, prompting compensation calls from Italian banks which argued that subsequent banking rescues in Italy were more costly because of the Commission’s strict position.

“We have to draw political and juridical conclusions, including about a compensation plan,” Prime Minister Giuseppe Conte told reporters after a summit of EU leaders in Brussels.

Earlier this week Italian Foreign Minister Enzo Moavero Milanesi had also flagged the possibility of a legal action against Brussels.

Conte backed Moavero’s comments but called for a cautious approach as the EU Commission could also appeal the ruling, he told reporters.

Conte, whose eurosceptic government has used public funds to help Italy’s ailing Carige bank and has not ruled out further support, said the Tercas ruling “set a precedent” which could enable a less strict application of EU banking rules.

The European Commission has said it is assessing the judgment and its consequences on future interventions.

Seven banks have been rescued in Italy since the Tercas case, including Banca Monte dei Paschi, the world’s oldest lender still in operation, and a smaller bank in Tuscany whose collapse and the subsequent wipeout of its creditors triggered the suicide of one of them.

The Tercas rescue was orchestrated by Italy’s deposit guarantee fund, which Brussels said could not be used for measures other than its core function of paying back savers hit by a bank failure.

The EU court ruling, labeled “historic” by EU lawmakers, effectively dismissed the Commission’s argument.

(Reporting by Francesco Guarascio; Editing by Mark Heinrich)

Source: OANN

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Daniel Craig to star as James Bond for fifth time: producers

Daniel Craig poses for photographers as he attends the world premiere of the new James Bond 007 film
FILE PHOTO: Daniel Craig poses for photographers as he attends the world premiere of the new James Bond 007 film "Spectre" at the Royal Albert Hall in London, Britain, October 26, 2015. REUTERS/Luke MacGregor

April 25, 2019

Source: OANN

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Illinois police release audio from warehouse shooting

Authorities have released the audio of 911 calls reporting a shooting at an Illinois warehouse that resulted in five deaths.

One caller in the Feb. 15 recordings tells the dispatcher that he's hiding in the Henry Pratt Co. facility in Aurora and pleads for help to be sent quickly.

Also released Monday were recordings of police communications as they hunted for the shooter.

Officers can be heard yelling "I've been shot" and "Get the shields" as they confronted the gunman, Gary Martin. One says: "I'm hit. I'm still in the fight."

Authorities say Martin started shooting after he was fired from the position he had held for 15 years. Five warehouse employees were killed and six officers were injured. Martin died in a shootout with police.

Source: Fox News National

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Germany urged to champion global treaty to ban ‘killer robots’

Activists from the Campaign to Stop Killer Robots, a coalition of non-governmental organisations opposing lethal autonomous weapons or so-called 'killer robots', stage a protest at Brandenburg Gate in Berlin
Activists from the Campaign to Stop Killer Robots, a coalition of non-governmental organisations opposing lethal autonomous weapons or so-called 'killer robots', stage a protest at Brandenburg Gate in Berlin, Germany, March, 21, 2019. REUTERS/Annegret Hilse

March 21, 2019

BERLIN (Reuters) – Nobel Peace Prize laureate Jody Williams and other activists warned on Thursday that fully autonomous weapons could be deployed in just 3-4 years and urged Germany to lead an international campaign for a ban on so-called “killer robots”.

Williams, who won the Nobel in 1997 for leading efforts to ban landmines, told reporters Germany should take bold steps to ensure that humans remained in control of lethal weapons. “You cannot lead from the rear,” she said.

Critics fear that the increasingly autonomous drones, missile defense systems and tanks made possible by new artificial intelligence could turn rogue in a cyber-attack or as a result of programming errors.

German Foreign Minister Heiko Maas called last week for action to ensure human control of lethal weapons, but is pushing a non-binding declaration rather than a global ban, given opposition by the United States, Russia and China.

The United Nations and European Union have called for a global ban, but discussions so far have not yielded a clear commitment to conclude a treaty.

Activists from over 100 non-governmental groups gathered in Berlin this week to pressure Maas and the German government to take more decisive action after twice endorsing a ban on fully autonomous weapons in their 2013 and 2018 coalition accords.

They rallied at Berlin’s Brandenburg Gate, with a life-sized robot telling onlookers: “Not all robots will be friendly. Stop killer robots now.”

“If Germany showed leadership and got behind it, we’d soon have the rest of Europe behind it,” said Noel Sharkey, a leading roboticist and co-founder of the Campaign to Stop Killer Robots.

He said it was only a matter of years before fully autonomous weapons could be deployed in battle given rapid advances in artificial intelligence and other technologies.

(Reporting by Andrea Shalal; Editing by Mark Heinrich)

Source: OANN

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Modi’s party chief vows to throw illegal immigrants in India into Bay of Bengal

FILE PHOTO: Amit Shah, president of India's ruling Bharatiya Janata Party addresses party workers in Ahmedabad
FILE PHOTO: Amit Shah, president of India's ruling Bharatiya Janata Party (BJP) addresses party workers in Ahmedabad, India, February 12, 2019. REUTERS/Amit Dave/File Photo

April 12, 2019

By Devjyot Ghoshal

NEW DELHI (Reuters) – The head of Indian Prime Minister Narendra Modi’s ruling Hindu nationalist party took his invective against illegal Muslim immigrants to a new level this week as the general election kicked off, promising to throw them into the Bay of Bengal.

Bharatiya Janata Party (BJP) President Amit Shah referred such illegal immigrants as “termites”, a description he also used last September, when he drew condemnation from rights groups. The U.S. State Department also noted the remark in its annual human rights report.

“Infiltrators are like termites in the soil of Bengal,” Shah said on Thursday at a rally in the eastern state of West Bengal, as voting in India’s 39-day general election started.

“A Bharatiya Janata Party government will pick up infiltrators one by one and throw them into the Bay of Bengal,” he said, referring to illegal immigrants from neighboring Muslim-majority Bangladesh.

Shah nevertheless reiterated the BJP’s stance on giving citizenship to Hindus, Buddhists, Jains and Sikhs from Bangladesh and Pakistan.

India is already working on deporting an estimated 40,000 Rohingya Muslims living in the country after fleeing Buddhist-majority Myanmar. New Delhi considers them a security threat.

The comments from Shah, the right-hand man of Modi, drew criticism from the main opposition Congress party as well as minority groups. On Twitter, some users likened his speech to a suggestion of ethnic cleansing.

“The statement is a direct attack on the identity and integrity of the nation as a secular state,” the Kerala Christian Forum, a group from the southern state, said in a statement. It demanded an apology from Shah.

A BJP spokesman declined to comment on the speech.

Congress spokesman Sanjay Jha said Shah’s remarks were a deliberate attempt to polarize voters along sectarian lines.

“The political business model of the BJP is to raise the communal temperature, keep it at a boil, and to keep India in a permanent religious divide,” Jha said.

(Reporting by Devjyot Ghoshal; Additional reporting by Munsif Vengattil; Editing by Krishna N. Das)

Source: OANN

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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NEED FOR CASH

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

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

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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