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Russian minister to discuss ways to boost Venezuela’s oil exports

Russian Energy Minister Novak attends Russian Energy Week forum in Moscow
Russian Energy Minister Alexander Novak attends a session of the Russian Energy Week international forum in Moscow, Russia October 3, 2018. REUTERS/Sergei Karpukhin

March 29, 2019

KRASNOYARSK, Russia (Reuters) – Russian Energy Minister Alexander Novak said on Friday he planned to discuss with his Venezuelan counterpart ways to increase oil exports from Venezuela.

He did not give any further details.

Venezuelan oil minister and president of state-run oil company PDVSA, Manuel Quevedo, said this month that Venezuela might divert oil originally bound for the United States to Russia’s Rosneft or other destinations due to U.S. sanctions.

(Reporting by Anastasia Lyrchikova; Writing by Maria Tsvetkova; Editing by Edmund Blair)

Source: OANN

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Bahrain opposition figure gets 6 months for Sudan tweet

A prominent opposition politician in Bahrain faces up to six months in prison for a tweet about Sudanese President Omar al-Bashir.

Bahraini prosecutors have long targeted Ebrahim Sharif over his outspokenness in an island kingdom in the grips of a yearslong crackdown on dissent.

Both Amnesty International and the Bahrain Institute for Rights and Democracy reported the court ruling Wednesday.

Sharif must pay bail of over $1,300 to remain free pending a possible appeal.

His tweet in December 2018 called for al-Bashir to leave office. The Sudanese president has faced months of protest over his rule.

Authorities in Bahrain, home to the U.S. Navy's 5th Fleet and a British naval base, did not respond to a request for comment.

Source: Fox News World

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UK inflation holds steady in March amid Brexit uncertainty

Official figures show that inflation in Britain unexpectedly held steady in March, with economists suggesting that Brexit uncertainty prompted retailers to keep prices lower than would otherwise have been the case.

The Office for National Statistics said Wednesday that consumer prices were up 1.9 percent in the year to March. Most economists had expected inflation to rise slightly to 2 percent, which is the Bank of England's target rate.

The figures suggest that rising uncertainty related to Britain's exit from the European Union during the month may have contributed to the slightly lower outcome. Britain was due to leave the EU on March 29 but it was postponed as Parliament failed to back Prime Minister Theresa May's Brexit deal. Britain now has a new Oct. 31 deadline.

Source: Fox News World

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Zemmour: French Rioting Because They Feel Sacrificed by Liberal Elites

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Source: InfoWars

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Bernie Sanders called millionaire senators ‘immoral,’ unearthed 1971 newspaper article shows

Sen. Bernie Sanders, I-Vt., who is now a millionaire, had called millionaire senators “immoral” when he first ran for Senate in the 1970s.

On Wednesday, CNN dug up a 1971 issue of the Bennington Banner, a local Vermont newspaper that reported on then-Liberty Union Party Senate candidate Sanders, who declared it was “immoral” that half the U.S. senators at the time were millionaires and insisted that they represented “the interests of corporations and big business -- their fellow millionaires.”

As the paper reported, Sanders also proposed to replace each lawmaker's pay with the average income of his or her home state.

As CNN reported, $1 million in 1971 is roughly $6.2 million in 2019 taking inflation into account. At least 70 percent of senators were millionaires in 2015, according to the Center for Responsive Politics.

Earlier this month, Sanders confirmed he's a millionaire, attributing it to the success of his 2016 book, “Our Revolution.”

A campaign spokesman for Sanders told CNN, “Yes, it is true: Senator Sanders said in the 1970s that it is immoral that the government too often represents the interests of the super-wealthy and large corporations — and yes, it is also true that Senator Sanders has continued to demand a change from that for his entire life.”

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“As the son of an immigrant who grew up living paycheck to paycheck, Senator Sanders believes elected officials should represent the interests of working people, not corporations, special interests or the ultra-wealthy,” Sanders senior advisor Josh Orton said. “This view has guided his work in politics, not the pursuit of personal wealth. Senator Sanders' family has been fortunate, and he is grateful for that because he knows the stress of economic insecurity. That is why he works every day to ensure every American has the basic necessities of life, including a livable wage, decent housing, health care and retirement security.”

The Sanders presidential campaign did not immediately respond to Fox News’ request for comment.

Source: Fox News Politics

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Struggling industry saps German business morale as trade woes bite

Aerial view of containers at a loading terminal in the port of Hamburg
FILE PHOTO: Aerial view of containers at a loading terminal in the port of Hamburg, Germany August 1, 2018. REUTERS/Fabian Bimmer

April 24, 2019

By Paul Carrel and Jörn Poltz

BERLIN/MUNICH (Reuters) – German business morale deteriorated in April, bucking expectations for a small improvement, as trade tensions hurt the industrial engine of Europe’s largest economy, leaving domestic demand to support slowing growth.

The Munich-based Ifo economic institute said on Wednesday its business climate index fell to 99.2 in April from an upwardly revised 99.7 in March, the first rise after six straight declines. The consensus forecast for a rise to 99.9.

“March’s gentle optimism regarding the coming months has evaporated,” Ifo President Clemens Fuest said in a statement. “The German economy continues to lose steam.”

Ifo sub-indices on current conditions and expectations fell in April.

Last week, Economy Minister Peter Altmaier said that Berlin expected gross domestic product to grow by 0.5 percent this year after an expansion of 1.4 percent in 2018.

The government had already cut its 2019 forecast in January to 1.0 percent growth from 1.8 percent previously. Long the euro zone’s economic powerhouse, Germany is in its 10th year of expansion, but only narrowly avoided recession last year.

German exporters are struggling with weaker demand from abroad, trade tensions triggered by U.S. President Donald Trump and business uncertainty caused by Britain’s planned departure from the European Union.

“Pessimism is increasing,” Ifo economist Klaus Wohlrabe told Reuters. “The industrial sector is dragging down the German economy.”

Late last month, German lighting company Osram cut its forecast for the fiscal year 2019, citing market weakness in the automotive industry, general lighting and mobile devices as well as a broader economic slowdown.

A delay to Brexit, which leaders from the remaining 27 EU countries granted Britain earlier this month, did not buoy German business morale.

“The uncertainty has receded slightly, but is still very high,” Wohlrabe added.

In a fresh development in the trade difficulties unnerving German businesses, Trump said on Tuesday European tariffs facing motorcycle manufacturer Harley Davidson Inc were “unfair” and vowed to reciprocate.

The difficult trade environment means that Germany’s vibrant domestic demand, helped by record-high employment, inflation-busting pay increases and low borrowing costs, is expected to be the sole driver of growth this year and next.

Germany’s HDE retail association on Wednesday confirmed its forecast that sales would rise 2 percent this year, marking a 10th straight year of growth.

“The domestic economy remains a pillar of support,” said Ifo’s Wohlrabe.

However, the HDE added that although it did not yet have a forecast for 2020 sales, it expected the industrial slowdown to affect retailers.

(Additional reporting by Michelle Martin, editing by Larry King)

Source: OANN

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WikiLeaks’ Julian Assange’s arrest draws fiery responses from US lawmakers

The arrest of Julian Assange in London drew a mixture of reactions from U.S. lawmakers early Thursday — particularly after the Justice Department charged the WikiLeaks mastermind with conspiracy to commit computer intrusion.

Assange, 47, is being accused of working with whistleblower Army Pvt. Chelsea Manning, a former U.S. intelligence analyst, in 2010 to crack a password stored on a U.S. Defense Department computer to obtain classified Pentagon documents. If convicted, Assange faces up to five years in prison.

"Manning, who had access to the computers in connection with her duties as an intelligence analyst, was using the computers to download classified records to transmit to WikiLeaks. Cracking the password would have allowed Manning to log on to the computers under a username that did not belong to her," the DOJ said in an indictment released Thursday.

WHO IS JULIAN ASSANGE? WHAT TO KNOW ABOUT THE WIKILEAKS FOUNDER

Assange, an Australian native, was escorted out of the Ecuadorean embassy in London, where he had been staying since 2012, after the South American nation revoked his political asylum. He was taken into custody in connection with a U.S. extradition request, as well as for breaching U.K. bail conditions in 2012.

Assange has faced renewed scrutiny in the U.S. after WikiLeaks obtained emails that were stolen from Hillary Clinton and other Democratic groups during the 2016 election. Politicians reacted to the news of Assange's arrest and subsequent charges Thursday — many applauding the move.

Sen. Lindsey Graham, R-S.C., said he was glad to see the "wheels of justice" turning in relation to the WikiLeaks leader.

"In my book, he has NEVER been a hero. His actions - releasing classified information - put our troops at risk and jeopardized the lives of those who helped us in Iraq and Afghanistan," Graham wrote on Twitter.

Sen. Ben Sasse, R-Neb., said Assange's arrest was "good news for freedom-loving people."

WIKILEAKS FOUNDER JULIAN ASSANGE ARRESTED AFTER ECUADOR WITHDRAWS ASYLUM

"Julian Assange has long been a wicked tool of Vladimir Putin and the Russian intelligence services," Sasse alleged in a tweet. "He deserves to spend the rest of his life in prison."

Sen. Cory Gardner, R-Colo., commended police on the arrest.

"I commend British police for the arrest of Julian Assange after nearly 7 yrs in self-imposed exile inside the Ecuadorian Embassy. I call for the immediate extradition of Assange to the US where he'll answer for aiding & abetting a foreign power to undermine US democracy & laws," he tweeted.

Florida Rep. Debbie Mucarsel-Powell, an Ecuadorian-born American lawmaker, said she encouraged the nation to pursue Assange.

"Every chance I’ve had to speak with Ecuador’s government, I pushed them to stop protecting Assange, and I’m glad they’ve finally done so," Mucarsel-Powell tweeted.

Rep. Steve Cohen, a member of the Democratic Party serving in Tennessee, questioned if President Trump would pardon Assange.

"Might Trump pardon #Assange. He loved #WikiLeaks," claimed Cohen before citing a quote, "There is honor among thieves.”

Sen. Mark Warner, D-Va., also blasted Assange.

"Whatever Julian Assange's intentions were for WikiLeaks, what he’s become is a direct participant in Russian efforts to weaken the West and undermine American security. I hope British courts will quickly transfer him to U.S. custody so he can finally get the justice he deserves," Warner said.

This is a developing story. Check back here for updates.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Chevron's Michael Wirth speaks at Gastech, the world's biggest expo for the gas industry, in Chiba
FILE PHOTO: Chevron’s Michael Wirth speaks at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai

April 26, 2019

HOUSTON (Reuters) – Chevron Corp on Friday pushed back at the potential for a rival to break up its $33 billion deal for Anadarko Petroleum Corp, saying the two companies had already begun meetings on a merger plan.

Occidental Petroleum on Thursday sought to scuttle the proposed deal, submitting a higher, $38 billion cash-and-stock offer for Anadarko. Anadarko’s board said on Thursday it would evaluate the new proposal.

“I’ll just remind everyone that we’ve got a signed deal that has been approved by both boards and we’ve moving forward with integration planning,” said Chevron Chief Executive Michael Wirth on a conference call with analysts. He said a “sizeable” group of employees had already met.

Wirth declined to say whether Chevron would raise its offer in light of Occidental’s higher bid. Chevron has the ability revise the structure of its 75 percent stock, 25 percent cash bid, Chevron finance chief Pierre Breber said on the same call. “We could put more cash in if that’s what Anadarko wanted to do,” he said.

(Reporting by Gary McWilliams; Editing by James Dalgleish)

Source: OANN

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FILE PHOTO: Naqvi Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the WEF in Davos
FILE PHOTO: Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich/File Photo

April 26, 2019

By Tom Arnold

LONDON (Reuters) – A London court case to extradite Arif Naqvi, founder of collapsed private equity firm Abraaj Group, to the United States on fraud charges was adjourned until May 24, a court official said on Friday.

Naqvi was remanded in custody until that date, the official said. A former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, was released on conditional bail to appear again at Westminster Magistrates Court on June 12, the official said.

Under the U.S. charges, both men are accused of defrauding U.S. investors by inflating positions held by Abraaj in order to attract greater funds from them, causing them financial loss, the official said.

Vettivetpillai could not be reached for a comment.

Naqvi, in a statement released through a PR firm, has pleaded innocent.

The U.S. Securities and Exchange Commission alleges that Naqvi and his firm raised money for the Abraaj Growth Markets Health Fund, collecting more than $100 million over three years from U.S.-based charitable organizations and other U.S. investors.

Naqvi and Vettivetpillai were arrested in Britain earlier this month. Another executive, Mustafa Abdel-Wadood was arrested at a New York hotel, Assistant U.S. Attorney Andrea Griswold said at a hearing in Manhattan federal court on April 11.

Abdel-Wadood appeared at the Manhattan hearing and pleaded not guilty to securities fraud, wire fraud and conspiracy charges.

(Editing by Jane Merriman)

Source: OANN

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Former Vice President Joe Biden announces his 2020 candidacy
Former U.S. Vice President Joe Biden announces his candidacy for the Democratic presidential nomination in this still image taken from a video released April 25, 2019. BIDEN CAMPAIGN HANDOUT via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

April 26, 2019

By James Oliphant

WASHINGTON (Reuters) – Former U.S. Vice President Joe Biden, in his first interview as a Democratic presidential candidate, said on Friday that he does not believe he treated law professor Anita Hill badly during the 1991 confirmation hearings for Supreme Court Justice Clarence Thomas.

Biden had joined the burgeoning 2020 Democratic field a day earlier.

Biden’s conduct during those hearings, when he was chairman of the U.S. Senate Judiciary Committee, became a renewed subject of controversy after the New York Times reported that Biden had called Hill earlier this month in the run-up to his presidential bid and that Hill was dissatisfied with Biden’s expression of regret.

Appearing on ABC’s “The View,” Biden largely defended his actions as a senator almost 30 years ago, saying he believed Hill’s allegations of sexual harassment levied at Thomas and tried to derail his confirmation.

Activists have long been unhappy that Hill was questioned in graphic detail by the all-white, all-male committee chaired by Biden.

“I’m sorry she was treated the way she was treated,” Biden said, but later, he asserted, “I don’t think I treated her badly. … How do you stop people from asking inflammatory questions?”

“There were a lot of mistakes made across the board and for those I apologize,” he said.

Biden praised Hill as “remarkable” and said she is “one of the reasons we have the #MeToo movement.”

Asked why he had not reached out to Hill earlier, Biden said he had previously publicly stated he had regrets about her treatment and that he “didn’t want to quote invade her space.”

That seemed to be a reference to another controversy that looms over Biden’s presidential run: allegations by several women that he made them uncomfortable by touching them at political events.

Biden also addressed that criticism, saying he was now more “cognizant” about a woman’s “private space.” But he maintained that he had been “trying to bring solace.”

He suggested he was still trying to sort out the guidelines for his conduct going forward.

“I should be able to read better,” he said. “I have to be more careful.”

Pressed by the show’s panel for an apology to his accusers, Biden would not entirely capitulate.

“So, I invaded your space,” he replied. “I mean, I’m sorry this happened. But I’m not sorry in a sense that I think I did anything that was intentionally designed to do anything wrong or be inappropriate.”

Biden, 76, served as former President Barack Obama’s vice president for two terms. He is competing with 19 others for the Democratic presidential nomination and the chance to likely face President Donald Trump next year in the general election.

His first public event as a presidential candidate is scheduled for Monday in Pittsburgh.

(Reporting by James Oliphant; editing by Jonathan Oatis)

Source: OANN

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FILE PHOTO: The logo of Tesla is seen in Taipei
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Noel Randewich

SAN FRANCISCO (Reuters) – Tesla Inc’s stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

With investors betting Tesla will soon raise capital, the stock has fallen 13% for the week to its lowest level since January 2017, before the launch of the Model 3 sedan aimed at making the electric car maker profitable.

One positive development for Tesla: a U.S. District Court judge on Friday granted a request by Musk and the Securities and Exchange Commission for a second extension to resolve a dispute over Musk’s use of Twitter.

On Wednesday, Tesla posted a worse-than-expected loss of $702 million for the March quarter. Musk said Tesla would return to profit in the third quarter and that there was “some merit” to raising capital.

Musk is still battling to convince investors that demand for the Model 3, the company’s first car aimed at the mass consumer market, is “insanely” high, and that it can be delivered efficiently to customers around the world.

Tesla ended its first quarter with $2.2 billion, down from $3.7 billion in the prior quarter, and the company is planning expansions including a Shanghai factory, an upcoming Model Y SUV, and other projects.

(GRAPHIC: Tesla’s cash – https://tmsnrt.rs/2DyJjX6)

On Monday, Musk hosted a self-driving event, where he predicted Tesla would have over a million autonomous vehicles by next year. Some analysts perceived the presentation as a way to deflect attention from questions about demand, margin pressure, increasing competition and even Musk’s ongoing battle with U.S. regulators.

Tesla’s stock has now fallen 29 percent in 2019 and the company’s market capitalization has declined to $41 billion from $63 billion in mid-December.

(GRAPHIC: Tesla’s declining market cap – https://tmsnrt.rs/2Dwd62r)

Analysts now expect Tesla’s revenue to expand 19% in 2019, compared with 83% growth in 2018 and 68% growth in 2017, according to Refinitiv.

Following Tesla’s quarterly report, 12 analysts recommend selling the stock, while 11 recommend buying and eight are neutral. The median analyst price target is $275, up 16% from the stock’s current price of $236. Berenberg analyst Alexander Haissl has the most optimistic price target, at $500, while Cowen and Company’s Jeffrey Osborne has the lowest, at $160, according to Refinitiv.

(Reporting by Noel Randewich; editing by Jonathan Oatis)

Source: OANN

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Former CIA Director John Brennan pushed back Friday on President Trump’s charge that he knew about or participated in an attempt to overthrow the American government.

“I don’t think it’s surprising at all that we continue to hear the sociopathic ramblings of Mr. Trump claiming that there was this effort to try to prevent him from being elected or to unseat him,” he told MSNBC’s Hallie Jackson.

Brennan was reacting to comments Trump made during an interview with Sean Hannity on Thursday night.

Trump specifically criticized Brennan, along with former Director of National Intelligence James Clapper, former FBI Director James Comey, and former Deputy FBI Director Andrew McCabe, in the fiery interview.

ROSENSTEIN SLAMS OBAMA ADMINISTRATION FOR CHOOSING ‘NOT TO PUBLICIZE FULL STORY’ OF RUSSIA HACKING

His comments followed the release of Special Counsel Robert Mueller‘s report which stopped short of accusing the president of either obstruction of justice or collusion with Russia.

Brennan added he welcomed further investigation into his and other officials’ conduct while they served in government. “I’ve testified in front of Congress … Absolutely, I’ll do it again,” he said.

Brennan also disputed Sen. Rand Paul’s, R-Ky., claim that he “insisted that the unverified and fake Steele dossier be included in the Intelligence Report.”

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Journalist Bob Woodward similarly promoted the idea that the CIA pushed to include the Steele dossier in the intelligence community assessment surrounding Russian election interference.

“That’s absolutely incorrect and 180 degrees from the truth. It was CIA that was pushing not to have it included and not to be taken into account at all in that intelligence community assessment.

Source: Fox News Politics

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