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Afghan envoy says council of elders will discuss peace talks

The Afghan president's special peace envoy says a traditional council of Afghan political and tribal leaders, known as Loya Jirga, will be held next month to discuss negotiations with the Taliban.

Mohammad Omar Daudzai says the council will take place in the second half of March. The council members are expected to come up with a framework for the Kabul government to engage in peace talks with the insurgents.

Daudzai said in a televised speech on Wednesday that the majority of Afghan politicians want the ongoing U.S.-Taliban talks to lay the groundwork for direct negotiations between the Taliban and the government of President Ashraf Ghani.

The Taliban have so far refused direct talks with Kabul but have been negotiation with the U.S. to end its 17-year war in Afghanistan.

Source: Fox News World

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Top Military Official Slams Google Working With China

America’s top military officer stressed that Google’s ventures in China are aiding its military and communist regime’s ability to control its people.

Companies doing business in China are required to have a cell of the Communist Party present, said Gen. Joseph Dunford during a forum at the Atlantic Council in D.C. Thursday.

“That will to lead to intellectual property from that company finding its way to the Chinese military,” said Dunford. “This is not about me and Google.”

“This is about us looking at the second and third-order effects of our business ventures in China, China’s form of government, and the impact that’s going to have on the United States’ ability to maintain a competitive military advantage and all that goes with it.”

Last year, Google drew the ire of politicians like Senator Marco Rubio (R-Fla.) for refusing an artificial intelligence contract with the Pentagon less than a year after starting an AI research center in China.

“All of it will be shared with the military and with the repressive forces that are doing this,” said Rubio. “[Google] doesn’t want to give AI technology to the [U.S.] military because, God forbid, we may use it someday to target a terrorist or someone who wants to harm America. But [Google] has no problem opening up a center of AI in China, knowing full well how anything you do in China — if it’s a benefit to the military, they’re going to use it; if it’s a benefit to the security services, they’re going to use it.”

Correspondingly, Dunford further expressed his concern on how China is using developments in artificial intelligence to “control” the vast majority of its people, indirectly referring to the country’s Orwellian social credit system that blacklists people based on “trustworthiness.”

“My concern when you think about things like artificial intelligence… They’re gonna help an authoritarian government assert control over its own population,” said Dunford. “What China is able to do is identify patterns of behavior amongst people and determine who’s reliable and who’s not reliable.”

“There is no question in my mind that China will leverage technology to assist the 6% of the Chinese population in controlling the other 94%.”


Alex Jones breaks down how Australian ISPs have banned the popular video site Liveleak despite it having deleted uploads of the Christchurch shooting video – and despite Facebook and Twitter not getting blocked for the exact same thing.

Source: InfoWars

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China first quarter GDP growth set to slow to 6.3 percent, more policy support needed

FILE PHOTO: Buildings are seen in Beijing's central business area
FILE PHOTO: Buildings are seen in Beijing's central business area, China, April 1, 2018. Picture taken April 1, 2018. REUTERS/Jason Lee/File Photo

April 16, 2019

By Kevin Yao

BEIJING (Reuters) – China is expected to report on Wednesday that economic growth slowed to its weakest pace in at least 27 years in the first quarter, as policymakers seek to head off a sharper slowdown that could stoke job losses.

But China’s trading partners and investors likely will focus on readings for March, hoping for signs that months of stimulus are starting to stabilize activity in the world’s second-largest economy at a time when global demand looks shaky.

“The data is likely to show the clearest evidence yet of economic recovery,” though questions remain over the strength of any rebound and how long it will last, analysts at Nomura said in a research note on Tuesday, reflecting high expectations in the market.

Beijing has stepped up fiscal stimulus this year to shore up growth, announcing billions of dollars in additional tax cuts and infrastructure spending, while Chinese banks lent a record 5.8 trillion yuan ($864.8 billion) in the first quarter, more than the gross domestic product (GDP) of Switzerland.

Analysts polled by Reuters expect China to report GDP grew 6.3 percent in the January-March quarter from a year earlier, which would be the slowest pace since the first quarter of 1992, the earliest quarterly data on record.

That would mark a further loss of momentum from the previous quarter’s 6.4 percent, which was the weakest since the global financial crisis.

But data for March, which will be released at the same time (0200 GMT), is expected to show stronger growth in industrial output, investment and retail sales, according to analysts polled by Reuters, suggesting the economy may be bottoming out, even if a turnaround is too early to call.

Premier Li Keqiang recently said changes in the economy in March had exceeded expectations, with the economy operating in a steady manner in the first quarter.

Prices for steel reinforcing bars used in construction shot to 7-1/2 year highs this week, while steel mills have ramped up output to nine-month highs as winter pollution restrictions are eased.

Analysts say an unexpectedly strong lending report on Friday set the stage for a recovery in investment in the second half of the year, though other data showed imports shrank for a fourth month and auto sales fell again, indicating domestic demand remains sluggish.

Upbeat March activity readings would add to growing optimism over China’s outlook amid signs that Washington and Beijing may be nearing a deal to end their bruising trade war.

But analysts do not expect a sharp rebound in China like recoveries in the past, which created a strong reflationary pulse worldwide, noting its latest stimulus measures have so far been relatively more restrained.

MORE SUPPORT SEEN NEEDED

Some China watchers have dialed back their expectations of further policy easing in light of better-than-expected March credit and export data, and improvements in factory surveys.

But most economists believe more support will still be needed to ensure a sustainable recovery.

Earlier growth-boosting measures will take time to fully kick in, and corporate balance sheets are expected to remain under stress if profits are slow to recover from their worst slump in more than seven years.

The central bank has cut banks’ reserve requirement ratios (RRR) five times since early last year to free up more funds for lending. It has also pressed banks to keep lending to struggling firms despite the risk of more bad loans, and has guided interbank interest rates lower to reduce financing costs.

Economists in the latest Reuters poll released on Friday (before the credit data) forecast three more RRR cuts of 50 basis points each in this quarter and the next two.

But the People’s Bank of China (PBOC) has so far refrained from cutting benchmark lending rates as it did in past downturns, suggesting policymakers are treading more carefully in pump-priming an economy that is laden with debt from past credit sprees.

The OECD echoed those concerns in a report on Tuesday, saying stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium term.

China’s economic growth cooled to 6.6 percent in 2018, weighed down by multi-year clampdowns on riskier lending and pollution that deterred fresh investment, and by escalating U.S. and Chinese tariffs on each others’ goods.

Economists polled by Reuters expect a further pullback to 6.2 percent in 2019 – the slowest in nearly 30 years but roughly in the middle of Beijing’s 6-6.5 percent target range.

(Reporting by Kevin Yao; Editing by Kim Coghill)

Source: OANN

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Protesters gather in Algiers as Bouteflika clings to power

FILE PHOTO: Military veterans shout slogans during a protest to demand the resignation of President Abdelaziz Bouteflika and changes to the political system, in Algiers
FILE PHOTO: Military veterans shout slogans during a protest to demand the resignation of President Abdelaziz Bouteflika and changes to the political system, in Algiers, Algeria March 28, 2019. REUTERS/Ramzi Boudina

March 29, 2019

ALGIERS (Reuters) – Thousands of protesters gathered in central Algiers on Friday, piling pressure on President Abdel Aziz Bouteflika to resign days after the country’s powerful military called for his removal.

The army chief of staff, Lieutenant General Ahmed Gaed Salah, on Tuesday asked the constitutional council to rule whether the ailing 82-year-old president is fit for office.

Bouteflika, facing the biggest crisis of his 20-year-old rule, has failed to placate Algerians by reversing a decision to seek a fifth term.

“Streets pressure will continue until the system goes,” said student Mohamed Djemai, 25.

Protesters have ambitious demands. They want to overthrow an entire political system and replace it with a new generation of leaders capable of modernizing the oil-dependent state and giving hope to a population impatient for a better life.

(Reporting by Algiers bureauWriting by Michael Georgy, Editing by Robin Pomeroy, William Maclean)

Source: OANN

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UK should have said soft Brexit was inevitable in 2017: chief whip

Britain's Conservative Party Chief Whip Julian Smith is seen outside Downing Street in London
Britain's Conservative Party Chief Whip Julian Smith is seen outside Downing Street in London, Britain, March 28, 2019. REUTERS/Hannah McKay

April 1, 2019

LONDON (Reuters) – The chief whip in parliament of British Prime Minister Theresa May’s Conservative Party has said her government should have said that a softer Brexit was inevitable after it lost its majority in a 2017 election, the BBC said on Monday.

Julian Smith was also strongly critical of a lack of discipline among senior ministers, the BBC said.

The BBC said it was unprecedented for a chief whip to publicly criticize the government. It comes as May’s ministers are deeply split over how to break Britain’s Brexit impasse.

Lawmakers are due to vote on alternatives to May’s deal on Monday.

(Writing by William Schomberg; Editing by Stephen Coates)

Source: OANN

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New Zealand PM Encourages Gun Owners to Turn in Firearms

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Source: InfoWars

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MLB roundup: Encarnacion homers twice in same inning

MLB: Seattle Mariners at Kansas City Royals
Apr 8, 2019; Kansas City, MO, USA; Seattle Mariners designated hitter Edwin Encarnacion (10) hits a three run home run in the sixth inning against the Kansas City Royals at Kauffman Stadium. Mandatory Credit: Denny Medley-USA TODAY Sports

April 9, 2019

Edwin Encarnacion hit a pair of home runs in the sixth inning, and the visiting Seattle Mariners scored eight times in the frame to earn a 13-5 victory over the Kansas City Royals on Monday.

The Mariners have scored five or more runs in 11 of their first 12 games and became the first team in the major leagues to win 10 games.

Encarnacion became the first major-leaguer to hit two home runs in an inning in almost three years. Mark Trumbo of the Los Angeles Angels did in on April 15, 2016, at Texas. Seattle also got homers from Daniel Vogelbach, Dylan Moore and Jay Bruce.

Roenis Elias (1-0) picked up the win, pitching three scoreless, hitless innings of relief. Royals starter Homer Bailey (0-1) gave up seven runs on eight hits, including three home runs, in five-plus innings.

Orioles 12, A’s 4

Jonathan Villar homered and had four RBIs while Cedric Mullins tripled twice and drove in three as Baltimore defeated visiting Oakland.

While most of the Orioles were enjoying a big offensive night, it was the opposite for Baltimore’s Chris Davis. He set a major league record for the longest hitless streak by a position player, going 0-for-5 to leave him 0-for-49 dating back to last year. Eugenio Velez had the previous record of 0-for-46.

Trey Mancini hit a solo homer in the first inning, and Mullins delivered a two-run triple in the second while scoring on a throwing error on the same play to give Baltimore an early 4-0 lead. The early margin helped the Orioles stop a four-game losing streak.

Cubs 10, Pirates 0

Ben Zobrist and Kyle Schwarber each drove in two runs, and Chicago rode a six-run second inning to a victory over Pittsburgh in the home opener at Wrigley Field.

The Cubs’ second win in eight games came with a caveat, as starter Jon Lester left during the third inning because of left hamstring tightness. Lester struck out four, walked one and gave up three hits in two-plus innings before four relievers combined to finish Chicago’s first shutout.

Brad Brach (1-0), who replaced Lester, gave up one hit in two innings. Pittsburgh starter Jameson Taillon (0-2), who gave up six unearned runs and four hits, left after two innings and will be re-evaluated after he took at least a glancing blow to the head on a comebacker by Anthony Rizzo.

Braves 8, Rockies 6

Ronald Acuna Jr. hit his third home run of the season to spark Atlanta past Colorado in Denver.

Acuna was 2-for-3, scored three runs and hit a two-run homer in the first inning to help give the Braves their sixth win in the past seven games. Dansby Swanson drove in three runs, and Nick Markakis was 3-for-4 with two RBIs for Atlanta.

Braves starter Julio Teheran (1-1) pitched five innings and allowed six runs, all coming in his last inning. The struggling Atlanta bullpen closed the game with four scoreless innings, handing the Rockies their fourth straight loss and their eighth defeat in the past nine games.

Astros 4, Yankees 3

Robinson Chirinos hit a two-run, game-tying double in the seventh inning, and Carlos Correa drove in the go-ahead run an inning later as Houston rallied for a victory over visiting New York.

Chirinos drove home Yuli Gurriel and Tyler White with his two-out double off the wall in front of the Houston bullpen, striking his blow against Yankees left-hander Zack Britton, who surrendered a leadoff single to Correa after entering in relief of starter Masahiro Tanaka.

The Astros stretched their winning streak to four games. Ryan Pressly (1-0) earned the win with a perfect eighth inning before Roberto Osuna notched his third save with a six-pitch ninth.

Angels 5, Brewers 2

Mike Trout did not hit a home run for the first time in five games, but he did steal a home run from reigning National League MVP Christian Yelich, helping Los Angeles extend its winning streak to four games with a win over Milwaukee at Anaheim, Calif.

Trout had at least one homer in four consecutive games (five total), but Brewers pitchers were able to keep him in the ballpark. Trout went 0-for-2 (strikeout, lineout) with two walks. He made up for it with his defense, reaching above the fence in left-center in the third inning to rob Yelich of what would have been his sixth homer of the year.

The Angels got a two-run homer from Tommy La Stella, a solo homer from Andrelton Simmons and a two-run blast by Justin Bour. Yelich wound up 2-for-4 with two singles.

Padres 6, Giants 5

Franmil Reyes capped a San Diego rally with a pinch-hit, two-run home run in the seventh inning as the visiting Padres overcame a five-run deficit and a Kevin Pillar grand slam to overtake San Francisco.

Fernando Tatis Jr. and Wil Myers also homered for the Padres, who had won three in a row before losing the finale of a series at St. Louis on Sunday.

The Giants, who have lost all three of their series this season, staked Madison Bumgarner to a five-run lead in the fourth inning. However, the ace left-hander wound up allowing five runs in six innings.

Phillies 4, Nationals 3

Rhys Hoskins hit two solo homers, including the tiebreaker on a full-count pitch in the last of the sixth, and Philadelphia beat visiting Washington.

Hoskins added an insurance run in eighth with a homer off Justin Miller to make it 4-2. It was the fourth multi-homer game of Hoskins’ career.

The first homer came off Anibal Sanchez (0-1), who was making his second start for the Nationals after coming over from the Atlanta Braves. He gave up seven hits and three runs in 5 2/3 innings with six strikeouts and two walks.

Rays 5, White Sox 1

Blake Snell allowed one run in six innings, and Tampa Bay continued to match its best start in franchise history with a win at Chicago. Snell (2-1) gave up six hits while striking out 11 and walking none.

Willy Adames had three hits, a walk and scored two runs in the No. 9 spot, and Avisail Garcia, Daniel Robertson and Yandy Diaz had two hits each for Tampa Bay, which has won eight of its first 11 games for the second time in team history.

Coming into the game, Tampa Bay starting pitchers had not allowed a run in their past 31 innings, and Snell had thrown eight straight shutout innings. He ran that streak to 12 before Jose Rondon hit a solo homer in the fifth to make it 4-1.

Cardinals 4, Dodgers 3

Marcell Ozuna lined a two-run homer, and Paul Goldschmidt scored the decisive run on a wild pitch as St. Louis beat visiting Los Angeles.

Jose Martinez added a run-scoring single as St. Louis halted the Dodgers’ five-game winning streak. Los Angeles didn’t trail for 42 innings until the Cardinals moved ahead in the bottom of the sixth inning.

Cardinals starter Miles Mikolas (1-1) gave up three runs and five hits over six innings. He struck out three and walked one. John Gant pitched two hitless innings, and Jordan Hicks finished up for his second save.

–Field Level Media

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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