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U.S. starts anti-dumping probe of wooden cabinets imported from China

FILE PHOTO: Aides set up platforms before a group photo with members of U.S. and Chinese trade negotiation delegations at the Diaoyutai State Guesthouse in Beijing
FILE PHOTO: Aides set up platforms before a group photo with members of U.S. and Chinese trade negotiation delegations at the Diaoyutai State Guesthouse in Beijing, China February 15, 2019. Mark Schiefelbein/Pool via REUTERS

March 27, 2019

WASHINGTON (Reuters) – The U.S. Commerce Department said on Wednesday it had initiated an anti-dumping duty and countervailing duty investigation of wooden cabinets and vanities imported from China to determine whether they are being dumped on the U.S. market.

The action was taken based on petitions filed by the American Kitchen Cabinet Alliance on March 6. The alleged dumping margins range from 177.36 percent to 262.18 percent, the department said.

(Reporting by David Alexander; Editing by Mohammad Zargham)

Source: OANN

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Red Sox announce Sale extension through 2024

MLB: World Series-Boston Red Sox at Los Angeles Dodgers
Oct 28, 2018; Los Angeles, CA, USA; Boston Red Sox pitcher Chris Sale (left) celebrates with teammates including catcher Christian Vazquez and pitcher David Price (right) after defeating the Los Angeles Dodgers in game five of the 2018 World Series at Dodger Stadium. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY Sports

March 23, 2019

The Boston Red Sox and ace left-hander Chris Sale have agreed to a long-term contract extension, the team announced on Saturday morning.

The five-year deal is worth $145 million. It adds to Sale’s current contract (one year remaining) and will go through the 2024 season.

Sale, who turns 30 on March 30, is scheduled to make $15 million in 2019, completing a team-friendly five-year, $32.5 million extension he signed with the White Sox in 2013 that included two club options.

According to MLB.com, Sale will earn $30 million annually from 2020 through 2022, then $27.5 million the following two seasons. Sale reportedly has an opt-out window after the 2022 season.

Sale is 103-62 with a 2.89 ERA over nine seasons, making the All-Star team the past seven years running.

Sale was typically dominant in the first half of the 2018 season, going 10-4 with a 2.23 ERA, but he had two stints on the disabled list in the second half and pitched just five innings between July 28 and Sept. 10.

Sale finished the regular season 12-4 with a 2.11 ERA over 158 innings, his lowest innings total since he became a starter with the Chicago White Sox in 2012. He made three starts and two relief appearances in the postseason as the Red Sox went on to win the World Series, posting a 4.11 ERA in 15 1/3 innings, while striking out the side and recording the final out in the deciding Game 5 of the World Series against the Dodgers.

–Field Level Media

Source: OANN

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Herman Cain says he faces ‘cumbersome’ vetting for Fed board seat

FILE PHOTO: Former republican presidential candidate Cain speaks at the College of Charleston in Charleston
FILE PHOTO: Former republican presidential candidate and Georgia business man Herman Cain speaks during the Southern Republican Leadership Conference at the College of Charleston in Charleston, South Carolina January 19, 2012. REUTERS/Chris Keane/File Photo

April 6, 2019

WASHINGTON (Reuters) – Former Republican presidential candidate Herman Cain said he will face a “cumbersome” process as he is vetted for a seat on the Federal Reserve Board.

In a video posted on Facebook late Friday, Cain said he must turn over records from 50 years in business, including numerous professional jobs, service on boards, and extensive speeches.

The 73-year-old said it was not clear if he will pass the ongoing FBI background check, a standard practice before a high-ranking nomination.

“Whether or not I make it through this process – Time will tell,” Cain said. “Would I be disappointed if I don’t make it through this process? No. Would I be thrilled and honored if I make it through this process? Yes. That’s the bottom line.”

U.S. President Donald Trump said on Thursday that he plans to nominate Cain, a former pizza chain executive. “I have recommended him highly for the Fed,” Trump said. “I’ve told my folks that’s the man.”

Cain’s nomination would need to be approved by the U.S. Senate. “They have to collect an inordinate amount of information on you, your background, your family, your friends, your animals, your pets, for the last 50 years,” Cain said.

Cain said people who dislike him are “already digging up all of the negative stuff that’s in storage from eight years ago.” He added, “I will be able to explain it this time.”

Cain led opinion polls for a while during the Republican nominating contests, buoyed by his signature 9-9-9 tax proposal, which would have levied a flat 9 percent corporate, income and sales tax.

But his popularity slipped amid sexual harassment allegations from several women, which he denied as “completely false.”

Cain made his fortune as chief executive of Godfather’s Pizza before launching a bid for the Republican presidential nomination in 2012.

Trump has been a strident critic of the Fed’s rate hikes under Jerome Powell, whom the president picked two years ago to chair the U.S. central bank. Trump’s other Fed appointees have also supported the Powell Fed’s rate hikes, which the president has said hurt the economy.

(Reporting by David Shepardson; Editing by Daniel Wallis)

Source: OANN

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China to steadily resolve shadow banking risks: central bank

FILE PHOTO: Woman walks past the headquarters of the PBOC in Beijing
FILE PHOTO: A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, June 21, 2013. REUTERS/Jason Lee/File Photo

February 27, 2019

BEIJING (Reuters) – China will steadily resolve risks in the shadow banking sector and push for a stable transformation of financial institutions’ asset-management businesses, the central bank said on Wednesday.

The central bank will conduct stress tests and evaluations on financial institutions, as part of steps to prevent systemic financial risks, it said in a statement.

China will deal with risks posed by high-risk financial institutions in an orderly manner, the central bank said.

(Reporting by China Monitoring Desk; Editing by Himani Sarkar)

Source: OANN

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Unnamed Parent Paid $6.5M to Get Kids Into Elite Universities

Among the many shocking allegations revealed by federal prosecutors in the college cheating scandal earlier this month, the one that stands out the most is somebody paid $6.5 million to get his or her children into elite schools, the Los Angeles Times reported Monday.

Making this case stand out even more is the identity of the parent, as well as which schools were involved, remains a mystery nearly two weeks after authorities in Boston filed the charges against dozens of other wealthy individuals in which the public has been provided with plenty of details.

The massive payment is also an indicator there is apparently much more to be revealed in the case that has shook American universities and placed a negative spotlight on the college admissions process.

Wealthy parents are accused of paying college fixer William "Rick" Singer, who reportedly has more than 700 clients, to help their children cheat on university entrance exams and to falsify athletic records of students to enable them to get admission to elite schools.

Fraud once referred to a scheme to obtain money from someone through a false promise, but in 1988 Congress expanded the anti-fraud law with a one-line amendment that made it a crime to deprive someone of the "intangible right of honest services."

Prosecutors are alleging in this scandal that parents deprived universities of their property – a slot in the school – by deception.

Source: NewsMax America

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China’s economy still faces downward pressure: premier

Chinese Premier Li Keqiang attends a meeting with International Monetary Fund (IMF) Managing Director Christine Lagarde at the Diaoyutai State Guesthouse in Beijing
Chinese Premier Li Keqiang attends a meeting with International Monetary Fund (IMF) Managing Director Christine Lagarde (not pictured) at the Diaoyutai State Guesthouse in Beijing, China April 24, 2019. Parker Song/Pool via REUTERS

April 24, 2019

BEIJING (Reuters) – China’s economy still faces downward pressure and the government will counter such pressure by deepening reforms and cutting taxes, state television quoted Premier Li Keqiang as saying on Wednesday.

The government will keep economic growth within a reasonable range, Li said.

(Reporting by China monitoring desk and Kevin Yao; Editing by Robert Birsel)

Source: OANN

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Eating Nuts Boosts Brain Health – Study

Long-term, high nut consumption could be the key to better cognitive health in older people according to new research from the University of South Australia.

In a study of 4822 Chinese adults aged 55+ years, researchers found that eating more than 10 grams of nuts a day was positively associated with better mental functioning, including improved thinking, reasoning and memory.

Lead researcher, UniSA’s Dr. Ming Li, says the study is the first to report an association between cognition and nut intake in older Chinese adults, providing important insights into increasing mental health issues (including dementia) faced by an aging population.

“Population aging is one of the most substantial challenges of the twenty-first century. Not only are people living longer, but as they age, they require additional health support which is placing unprecedented pressure on aged-care and health services,” Dr. Li says.

“In China, this is a massive issue, as the population is aging far more rapidly than almost any other country in the world.

“Improved and preventative health care – including dietary modifications – can help address the challenges that an aging population presents.

“By eating more than 10 grams (or two teaspoons) of nuts per day older people could improve their cognitive function by up to 60 percent– compared to those not eating nuts – effectively warding off what would normally be experienced as a natural two-year cognition decline.”


David Knight explains how smart devices are an extension of MK-Ultra.

China has one of the fastest growing aging populations. In 2029, China’s population is projected to peak at 1.44 billion, with the ratio of young to old dramatically imbalanced by the rising ranks of the elderly. By 2050, 330 million Chinese will be over age 65, and 90.4 million will be over age 80, representing the world’s largest population of this most elderly age group.

More broadly, the World Health Organization says that by 2020, the number of people aged 60 years and older will outnumber children younger than five years old.

The UniSA study analyzed nine waves of China Health Nutrition Survey data collected over 22 years, finding that 17 percent of participants were regular consumers of nuts (mostly peanuts). Dr. Li says peanuts have specific anti-inflammatory and antioxidant effects which can alleviate and reduce cognitive decline.

“Nuts are known to be high in healthy fats, protein and fiber with nutritional properties that can lower cholesterol and improve cognitive health,” Dr. Li says.

“While there is no cure for age-related cognition decline and neurogenerative disease, variations in what people eat are delivering improvements for older people.”

(Photo by Pexels/Pixabay)

The World Health Organization estimates that globally, the number of people living with dementia is at 47 million.

By 2030, this is projected to rise to 75 million and by 2050, global dementia cases are estimated to almost triple. China has the largest population of people with dementia.

“As people age, they naturally experience changes to conceptual reasoning, memory, and processing speed. This is all part of the normal aging process,” Dr. Li says

“But age is also the strongest known risk factor for cognitive disease. If we can find ways to help older people retain their cognitive health and independence for longer – even by modifying their diet – then this absolutely worth the effort.”


A professor now claims president Trump may stage a false flag to stay in power.

Source: InfoWars

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Sri Lanka's former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake
Sri Lanka’s former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake, Sri Lanka April 12, 2019. REUTERS/Dinuka Liyanawatte

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

COLOMBO (Reuters) – Sri Lanka’s former wartime defense chief, Gotabaya Rajapaksa, said on Friday he would run for president in elections this year and would stop the spread of Islamist extremism by rebuilding the intelligence service and surveilling citizens.

Gotabaya, as he is popularly known, is the younger brother of former President Mahinda Rajapaksa and the two led the country to a crushing defeat of separatist Tamil rebels a decade ago after a 26-year civil war.

More than 250 people were killed in bomb attacks on hotels and churches on Easter Sunday that the government has blamed on Islamist militants and that Islamic State has claimed responsibility for.

Gotabaya said the attacks could have been prevented if the island’s current government had not dismantled the intelligence network and extensive surveillance capabilities that he built up during the war and later on.

“Because the government was not prepared, that’s why you see a panic situation,” he said in an interview with Reuters.

Gotabaya said he would be a candidate “100 percent”, firming up months of speculation that he plans to run in the elections, which are due by December.

He was critical of the government’s response to the bombings. Since the attacks, the government has struggled to provide clear information about how they were staged, who was behind them and how serious the threat is from Islamic State to the country.

“Various people are blaming various people, not giving exactly the details as to what happened, even people expect the names, what organization did this, and how they came up to this level, that explanation was not given,” he said.

On Friday, President Maithripala Sirisena said the government led by premier Ranil Wickremesinghe should take responsibility for the attacks and that prior information warning of attacks was not shared with him.

Wickremesinghe said earlier he was not advised about warnings that came from India’s spy service either, presenting a picture of a government still in disarray since the two leaders fell out last October.

Gotabaya is facing lawsuits in the United States, where he is a dual citizen, over his role in the war and afterwards.

The South Africa-based International Truth and Justice Project, in partnership with U.S. law firm Hausfeld, filed a civil case in California this month against Gotabaya on behalf of a Tamil torture survivor.

In a separate case, Ahimsa Wickrematunga, the daughter of murdered investigative editor Lasantha Wickrematunga, filed a complaint for damages in the same U.S. District Court in California for allegedly instigating and authorizing the extrajudicial killing of her father.

Gotabaya said the cases were baseless and only a “little distraction” as he prepared for the election campaign. He said he had asked U.S. authorities to renounce his citizenship and that process was nearly done, clearing the way for his candidature.

‘DISMANTLE THE NETWORKS’

He said that if he won, his immediate focus would to be tackle the threat from radical Islam and to rebuild the security set-up.

“It’s a serious problem, you have to go deep into the groups, dismantle the networks,” he said, adding he would give the military a mandate to collect intelligence from the ground and to mount surveillance of groups turning to extremism.

Gotabaya said that a military intelligence cell he had set up in 2011 of 5,000 people, some of them with Arabic language skills and that was tracking the bent towards extremist ideology some of the Islamist groups were taking in eastern Sri Lanka was disbanded by the current government.

“They did not give priority to national security, there was a mix-up. They were talking about ethnic reconciliation, then they were talking about human rights issues, they were talking about individual freedoms,” he said.

President Sirisena’s government sought to forge reconciliation with minority Tamils and close the wounds of the war and launched investigations into allegations of rights abuse and torture against military officers.

Officials said many of these secret intelligence cells were disbanded because they faced allegations of abuse, including torture and extra judicial killings.

Muslims make up nearly 10 percent of Sri Lanka’s population of 22 million, which is predominantly Buddhist.

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.

Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.

“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.

“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”

STUART VARNEY: THANKS TO TRUMP, AMERICANS ARE FEELING BETTER ABOUT THEIR FINANCES

39 MILLION ADULTS CANNOT AFFORD A SUMMER VACATION

Kudlow added that Trump has “ended the war” on business and success, and is rallying for the small business owners of America.

“The president is rebuilding incentives, he is rebuilding confidence, he the rebuilding optimism,” he said. “He is basically saying you should keep more of what you earn. He is basically saying to small businesses we’ll cut the paperwork back and make it easier for you to start a business and prosper.”

CLICK HERE TO GET THE FOX NEWS APP

Kudlow said the Trump administration is also working with House Speaker Nancy Pelosi and other Democratic leaders to implement bipartisan deals to ensure the continuation of the GDP’s success.

“If the policies and the principles remain in place — and I believe they will — then I believe this new prosperity expansion cycle is going to go on for a whole bunch of more years,” he said.

Source: Fox News Politics

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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President Donald Trump says he feels “young” and “vibrant” at age 72 and thinks he can beat 76-year-old Joe Biden “easily.”

A reporter asked Trump at the White House on Friday how old is too old to be president of the United States.

Trump said: “I just feel like a young man. I’m so young. I can’t believe it. … I’m a young vibrant man.”

Then he smiled and said he’s not sure about Democratic presidential contender Biden, the second-oldest contender in the race behind Bernie Sanders.

Trump said: “I look at Joe. I don’t know about him.”

Biden, in an interview on ABC’s “The View,” joked in response that if Trump “looks young and vibrant compared to me, I should probably go home.”

Source: NewsMax Politics

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