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Brexit talks with Labour must be free of ‘big red lines’: Hunt

Britain's Foreign Secretary Jeremy Hunt attends a news conference on media freedom as part of the G7 Foreign Ministers' meeting in Dinard
FILE PHOTO - Britain's Foreign Secretary Jeremy Hunt attends a news conference on media freedom as part of the G7 Foreign Ministers' meeting in Dinard, France, April 5, 2019. REUTERS/Stephane Mahe

April 8, 2019

LUXEMBOURG (Reuters) – The British government and the opposition Labour Party should avoid “big red lines” in their discussions to resolve Brexit, British Foreign Minister Jeremy Hunt said on Monday.

Talks between the government and Labour to break the impasse are due to continue on Monday.

“You can’t go into any of those discussions with big red lines because otherwise there’s no point in having them. But we are very clear about the type of Brexit we want. That’s in our manifesto and we’ve made that clear,” Hunt told reporters before a meeting of EU foreign ministers in Luxembourg.

“What I’ll be saying to my colleagues in the European Union today is that you can see from this that Theresa May is leaving no stone unturned to try and resolve Brexit. They want Brexit to be resolved as quickly as possible, so do we, so do the British people,” Hunt said.

(Reporting by Robin Emmott in Luxembourg and Philip Blenkinsop in Brussels; editing by Francesco Guarascio)

Source: OANN

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Estonia shuts Danske Bank branch at heart of money laundering saga

FILE PHOTO: Danske Bank sign is seen on a building in Copenhagen
FILE PHOTO: A Danske Bank sign on a building in Copenhagen, Denmark, September 27, 2018. REUTERS/Jacob Gronholt-Pedersen/File Photo *** Local Caption *** Jacob Gronholt-Pedersen - RC1711E5CAF0

February 19, 2019

By Tarmo Virki and Jacob Gronholt-Pedersen

TALLINN/COPENHAGEN (Reuters) – Danske Bank will pull out of Russia and the neighboring Baltic states, the Danish lender said after Estonia ordered it to close the branch at the center of one of the largest-ever money laundering scandals.

Danske is under investigation in Denmark, Estonia, Britain and the United States over some 200 billion euros ($226 billion) in payments from Russia, ex-Soviet states and elsewhere that were found to have flowed through its Estonian arm.

On Tuesday, Estonia’s financial regulator took the unexpected step of demanding Danske close its local branch and repay customers’ deposits within eight months, overturning the lender’s plan to scale back but keep business in the country.

Danske said last year it hoped to serve subsidiaries of Nordic customers in the Baltics.

It made an about-turn minutes after the announcement from Estonia’s regulator, publishing a statement to say it would close down its business in Latvia, Lithuania, Russia and Estonia.

Danske’s operations in those four countries earned 657 million Danish Crowns ($100 million) of income, according to its 2018 annual report.

It has more than 3,000 staff in those countries, although many will stay because Danske will not close its large administrative back-office operation in Lithuania.

In ordering Danske to leave Estonia, Kilvar Kessler, the head of Estonia’s regulator Finantsinspektsioon, was heavily critical of the bank and deflected blame onto Denmark for mishandling the case.

Kessler said the bank’s alleged flouting of money-laundering rules had “dealt a serious blow” to the reputation of the Estonian financial market.

The Estonian regulator was “the only institution in Estonia or Denmark to react to the activities of Danske Bank”, Kessler said, reflecting rising tensions with Denmark over who is responsible for the scandal.

He said that he was “not convinced that such activities would not continue in Danske”, telling journalists that the Danish regulator had handled the bank with “silk gloves”.

Danske Bank, which saw its profit tumble by more than a quarter last year, said that its decision to close operations in Russia and the Baltics was in line with its refocusing on the Nordics. It said it has stepped up anti money-laundering efforts.

The Danish Financial Authority had no immediate comment.

The Estonian ultimatum was made public as Danish and Estonian regulators found on Tuesday they are being investigated by the European Union’s own banking watchdog over a possible breach of EU law relating to alleged money-laundering at Danske Bank.

The Danske case, which focuses on money moved between 2007 and 2015, has raised questions about supervision of the Danish bank, prompting the EU’s executive European Commission to ask the European Banking Authority (EBA) to investigate.

The EBA’s investigation will take two months. If it finds a breach of EU law, it can make recommendations to the two regulators to address failings.

(Writing by John O’Donnell; Additional reporting by Huw Jones in London; Editing by Rachel Armstrong, Alexander Smith and Jan Harvey)

Source: OANN

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Bill de Blasio corrects Ocasio-Cortez's claim about spending Amazon tax break money

New York City Mayor Bill de Blasio suggested on Sunday that critics of the potential Amazon campus New York City — such as Democratic Rep. Alexandria Ocasio-Cortez — got the facts wrong over the money behind the tax breaks.

On Sunday morning, de Blasio responded in the affirmative when Chuck Todd of NBC News’ “Meet the Press” asked if the tax breaks offered to Amazon weren’t “money you had over here. And it was going over there.”

The Democratic mayor said: “And that $3 billion that would go back in tax incentives was only after we were getting the jobs and getting the revenue.”

“There’s no money — right,” de Blasio added.

Amazon had chosen the Long Island City neighborhood of Queens to build a $2.5 billion campus that could house 25,000 workers, in addition to new offices planned for northern Virginia.

“If we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that money, if we wanted to,” Ocasio-Cortez said last week after the technology giant announced on Thursday that it had dropped plans to build the new headquarters in America’s largest city amid pressure from politicians and activists.

AMAZON BLASTS OCASIO-CORTEZ, SAYS ‘WE DON’T WANT TO WORK IN THIS ENVIRONMENT IN THE LONG TERM’

The mayor also noted to Todd that the deal could have been a way for progressive leaders to show a balance on economic issues.

“I have no problem with my fellow progressives critiquing a deal or wanting more from Amazon — I wanted more from Amazon, too,” de Blasio said. “The bottom line is, this was an example of an abuse of corporate power. They had an agreement with the people of New York City.”

He added: “They said they wanted a partnership, but the minute there were criticisms, they walked away. What does that say to working people, that a company would leave them high and dry, simply because some people raised criticism?”

The city was eager to lure the company and its thousands of high-paying technology jobs, offering billions in tax incentives and lighting the Empire State Building in Amazon orange in November.

De Blasio and Democratic Gov. Andrew Cuomo said the $2.8 billion in tax breaks and subsidies they were offering Amazon would result in $27 billion in tax revenue. The governor and the mayor had argued that the project would spur economic growth that would pay for the $2.8 billion in state and city incentives many times over.

“We are disappointed to have reached this conclusion — we love New York,” the online giant from Seattle said in a blog post announcing its withdrawal.

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Cuomo lashed out at fellow New York politicians over Amazon’s change of heart, saying the project would have helped diversify the city’s economy, cement its status as an emerging hub of technology and generate money for schools, housing and transit.

“A small group (of) politicians put their own narrow political interests above their community,” he said.

Fox News’ Andrew O’Reilly and The Associated Press contributed to this report.

Source: Fox News Politics

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China defends Xinjiang centers for Muslims, but aims to ‘downsize’

China Vice Minister of Foreign Affairs Le attends the Universal Periodic Review at the United Nations in Geneva
FHILE PHOTO: China Vice Minister of Foreign Affairs Le Yucheng attends the Universal Periodic Review of China by the Human Rights Council at the United Nations in Geneva, Switzerland, November 6, 2018. REUTERS/Denis Balibouse

March 15, 2019

By Stephanie Nebehay

GENEVA (Reuters) – Chinese vice foreign minister Le Yucheng on Friday defended what China calls its vocational training centers in Xinjiang for Muslims and rejected interference in domestic affairs.

China has faced growing international opprobrium for the centers that rights groups describe as internment camps. Beijing has said the measures are needed to stem the threat of Islamist militancy.

Le, speaking to the U.N. Human Rights Council at the conclusion of a review of its record held every five years, said: “As the counter-terrorism situation improves, the training program will be gradually downsized, leading to its completion.”

“Without our decisive measures, violent terrorist attacks would have escalated in Xinjiang and spread to other parts of China and the world,” Le told the Geneva forum.

Xinjiang is a vast region bordering central Asia that is home to millions of ethnic minority Muslims.

Adrian Zenz, a leading independent researcher on China’s ethnic policies said on Wednesday that an estimated 1.5 million Uighurs and other Muslims could be held in the centers in Xinjiang, up from his earlier figure of 1 million.

(Reporting by Stephanie Nebehay; Editing by Alison Williams)

Source: OANN

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Howard Schultz apologizes after claiming he spent more time than 2020 candidates with military

Former Starbucks CEO Howard Schultz, who is contemplating mounting an independent bid for the presidency in 2020, apologized on Thursday for saying he probably had served more time in the military than any of the candidates who've entered the race, admitting he was simply "wrong."

The flap again put Schultz, a billionaire with no prior political experience, on the defensive. Democrats have spent weeks attacking Schultz and openly worrying that an independent run would split their base and hand the White House back to President Trump.

Two Democratic candidates are veterans: Rep. Tulsi Gabbard of Hawaii and South Bend, Indiana, Mayor Pete Buttigieg. Gabbard served in Iraq with the Hawaii Army National Guard from 2004 to 2005, and Buttigieg is a veteran of the Afghanistan War, having served a tour with the Navy Reserve as an intelligence officer.

Schultz made the comments during an interview Thursday with conservative radio host Hugh Hewitt.

SCHULTZ: DEMS WOULD BE PICKING A 'SPOILER' IF THEY NOMINATE A SOCIALIST

“Do you consider yourself competent to run the American military?” Hewitt asked.

“Yes, I do,” Schultz replied. “I probably have spent more time – in the last decade, certainly – than anyone running for president, with the military. I’ve been to Okinawa. I’ve been to Kuwait. I’ve – with Marines, with the Army. I’ve been to the national training center in Mojave Desert.”

Schultz also pointed out that he has "great friends" in the military, including retired Gen. Stanley McChrystal and William McRaven, the retired admiral who oversaw the bin Laden raid in Pakistan.

Soon after Schultz's comments aired, Buttigieg tweeted he didn't "recall seeing any Starbucks" in Afghanistan, where he deployed in 2013.

“I remember a Green Beans Coffee at the exchange at Bagram, and a decent espresso machine run by the Italian NATO element at ISAF HQ," Buttigieg wrote. "But I don’t recall seeing any Starbucks over there . . .”

Afterward, Schultz tweeted that leaders must accept responsibility for mistakes and his comment "was wrong."

"I apologize to @PeteButtigieg and @TulsiGabbard who served our country honorably,” Schultz wrote on Twitter. “In that moment I made something that should unite us all, about me. I made a mistake and I apologize.”

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A flood of mocking posts quickly appeared on social media. But earlier in the week, Schultz indicated that he was well aware his campaign would face harsh critics and unknown future headwinds -- and said the struggle was worth the cost anyway.

"I refuse to be deterred by the naysayers," Schultz said, "because I love this country and because so much is at stake."

The Associated Press contributed to this report.

Source: Fox News Politics

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Ex-Obama Border Patrol chief supports idea of sending migrant detainees to sanctuary cities

Mark Morgan, former Border Patrol chief under President Obama, said Monday he supports an idea floated by President Donald Trump to send immigrants from the border to sanctuary cities.

“Congress has failed to do their job. Make no mistake, they could have prevented this (border crisis) and they failed to do so and then every time this current administration tries to come up with an option, they shoot it down. Well, I haven't heard any options from them,” Morgan said on “America’s Newsroom” Monday. “I've been there. The border patrol, ICE, their facilities are overwhelmed, the faith-based organizations and other non-governmental organizations are overwhelmed. They have no choice. They’re going to have to start pushing these individuals out. Shouldn't we kind of share the burden throughout the country?”

SANDERS: PLAN TO SEND ILLEGAL IMMIGRANTS TO SANCTUARY CITIES UNDER 'THOROUGH' REVIEW

White House Press Secretary Sarah Sanders confirmed to "Fox News Sunday" that President Trump's prospective plan to send illegal immigrants to sanctuary cities is undergoing a "complete and thorough review," days after Democrats, who have fought to protect illegal immigrants from federal authorities, characterized the possible move as a dangerous stunt.

"Nobody thinks that this is the ideal solution," Sanders said Sunday. "But until we can fix the crisis at the border, we have to look at all options. This is one of them. Whether or not it moves forward -- that’s yet to be determined.”

The Democratic Chairman of the Homeland Security Committee Bennie Thompson, D-Miss., is a critic of this option and the White House's description of what is happening at the border.

“This is again his manufactured chaos that he’s (President Trump) created over the last two years on the border,” said Thompson.

He added, “Before Donald Trump took office, we had a situation that was manageable. We had spikes, but it also went down. But what we have now is a constant pushing of the system so that it doesn't work.”

OBAMA'S BORDER CHIEF WARNS CONGRESS: IMMIGRATION CRISIS 'AT A MAGNITUDE NEVER SEEN IN MODERN TIMES'

Morgan, who served in the last six months of the Obama administration and a seemingly unlikely source of support for President Trump, said in response, “I’m here and I've broken my silence for one reason:  because it’s fact.”

He added, “What the president is saying and what they're trying to do as far as the policy goes, it’s based on reality and fact and I know that because he’s listening to the experts. Not political pundits, not talking heads, he is listening to experts. Anyone who says this a manufactured crisis is absolutely misleading the American people.”

CLICK HERE TO GET THE FOX NEWS APP

Morgan then added there are “some questions of legality” as well as “some issues with logistics” with Trump's prospective plan.

“To be intellectually honest, to pull this off would be a challenge logistically,” Morgan said. “But again, if you look at the facts right now, almost a 400 percent increase from this time last year. We're looking at over 100,000 (illegal immigrants) coming in this month, 4,000 to 5,000 a day. The inn is full all along the southwest border. So where are we going to transport and place these individuals that our loopholes allow them in? Something’s got to change.”

Source: Fox News Politics

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

April 26, 2019

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

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

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

Source: OANN

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

April 26, 2019

By Julien Pretot

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

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

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

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

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

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

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

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

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

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

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

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

SAME TREATMENT

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

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

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

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

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

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

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

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

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

‘ONE CLUB’

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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

April 26, 2019

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

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

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

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

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

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

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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

April 26, 2019

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

1/DOLLAR JUGGERNAUT

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

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

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

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

2/FED: UP OR DOWN?

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

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

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

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

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

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

3/HEISEI TO REIWA

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

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

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

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

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

4/EARNING TURNING

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

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

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

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

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

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

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

5/WAITING FOR THE OLD LADY

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

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

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

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

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

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

Source: OANN

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

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

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

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

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

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

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

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

— Elizabeth Warren

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

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

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

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

Source: Fox News Politics

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