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Road rage suspect arrested in fatal shooting of Arizona girl

Phoenix police have arrested a suspect in the shooting death of a 10-year-old girl that investigators say was motivated by road rage.

Police Chief Jeri Williams said Friday that 20-year-old Joshua Gonzalez was booked into jail on a first-degree murder charge in the killing of Summerbell Brown and three counts of aggravated assault.

Authorities say a driver followed Summerbell and her family to their home Wednesday after their vehicle had cut him off.

The girl's father pulled into their driveway and got out to confront the suspect when he opened fire.

Summerbell was wounded and later pronounced dead at a hospital. Her father was shot, suffering non-life-threatening injuries.

Her mother and sister were in the car but escaped injury.

Williams says tips from the public were crucial for Gonzalez' arrest.

Source: Fox News National

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Dad of man killed by illegal immigrant blasts California Gov. Newsom’s trip to Central America: ‘It’s disgusting’

A man whose son was killed by an illegal immigrant driver in San Francisco has criticized California Gov. Gavin Newsom for putting illegal immigrants ahead of residents of his own state with a planned tripped to Central America.

“Our government has betrayed us, President Obama betrayed us, Gavin Newsom, Jerry Brown, almost every legislator in California has put illegal aliens ahead of American citizens and the results are a lot of crime and a lot of death,” Dan Rosenberg told “Fox & Friends” Tuesday.

Rosenberg made the comments as Gov. Newsom is on a four-day trip to El Salvador to learn more about the root cause of why Central American migrants make the arduous journey to the United States.

CALIFORNIA GOV. GAVIN NEWSOM PLANS CENTRAL AMERICA TRIP TO EXAMINE 'ROOT CAUSES OF MIGRATION'

Newsom, a Democrat, is in the country, just as President Donald Trump and U.S. border officials are calling for tougher security measures amid a spike in Central American migrants attempting to enter the U.S. through Mexico. The president recently moved to cut direct aid to El Salvador, Guatemala and Honduras, whose citizens are fleeing north and overwhelming U.S. resources -- including as part of organized caravans that the White House has warned may eventually lead to the closure of the entire southern border with Mexico.

Newsom has publicly criticized the president’s actions. During his El Salvador trip Newsom told reporters, “Right now you have a president that talks down to people, talks past them, demoralizing folks living here and their relatives in the United States.”

Rosenberg, the president of Advocates for Victims of Illegal Alien Crime, a nonprofit organization with the goal of promoting “American's safeness from illegal alien crime,” called Newsom’s trip “a political stunt.”

He added: “He (Newsom) says he’s going down there to get a better understanding of what’s going on. I think he needs to travel around California and get a better understanding of what illegal immigration has done to the state.”

DAD'S GRIEF LEADS TO QUEST TO COUNT DEATHS CAUSED BY ILLEGAL IMMIGRANT DRIVERS

Rosenberg’s son Drew was killed after Roberto Galo, an unlicensed illegal immigrant, struck him as he was riding his motorcycle in San Francisco on Nov. 16, 2010. Galo, a Honduran, who entered the country illegally but earned temporary protective status, then ran over Rosenberg twice in his frenzied effort to flee the scene.

Galo had been cited five months earlier for driving without a license or insurance and heading the wrong way on a one-way street in San Francisco. His car was impounded for a day, he paid a fine for the moving violation and the other charges were dropped.

“Newsom is one of the three people that I consider directly related to my son’s death,” said Rosenberg. “He was the mayor of San Francisco when my son was killed. It was his policy a year before that if you are in the country illegally you can drive in San Francisco without a license and the guy who killed my son was caught prior to that and they just dropped the charges, let him go, and he continued to drive until he killed my son.”

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He added: “Newsom, he’s ignoring his own state, and worrying about everything else. Look, he’s posturing for a run for presidency, he’s not going to run right now, but if Trump wins another term, he’ll be running in 2024 and that’s what he is doing right now. It’s disgusting.”

Source: Fox News Politics

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Exclusive: Loeb’s Third Point building stake to pressure Sony – sources

FILE PHOTO: Loeb, founder of Third Point LLC, participates in a panel discussion during the Skybridge Alternatives Conference in Las Vegas
FILE PHOTO: Daniel S. Loeb, founder of Third Point LLC, participates in a panel discussion during the Skybridge Alternatives (SALT) Conference in Las Vegas, Nevada May 9, 2012. REUTERS/Steve Marcus/File Photo

April 8, 2019

By Svea Herbst-Bayliss and Liana B. Baker

(Reuters) – Daniel Loeb’s hedge fund Third Point LLC is building a stake in Sony Corp to push for changes, the second time in six years it has targeted the Japanese electronics maker, people familiar with the matter said on Monday.

Once a market leader in consumer electronics, Sony is now in the midst of a turnaround effort spearheaded by Kenichiro Yoshida, its chief executive who formerly served at its chief financial officer.

The maker of the iconic Walkman and Trinitron TV fell behind the likes of Apple Inc in innovation after the release of the iPod in 2001 and the iPhone in 2007. Sony over the past decade has reinvented itself as an entertainment company with stable revenue from music content and its video game platform.

Investors are now searching for its next source of growth as Sony’s gaming business shows signs of slowing, with its popular PlayStation 4 (PS4) console nearing the end of its cycle.

Third Point’s amassed stake in Sony thus far could not be learned. The hedge fund, which has about $14.5 billion in assets under management, is raising a dedicated investment vehicle, targeting between $500 million and $1 billion in capital, so it can buy more Sony shares, the sources said.

Third Point wants Sony to explore options for some of its business units, including its movie studio, which the hedge fund believes has attracted takeover interest from the likes of Amazon.com Inc and Netflix Inc, the sources said. The hedge fund also wants clarity on how the semiconductor and insurance divisions fit in with the rest of the company.

The sources asked not to be identified because the matter is confidential. Sony and Third Point declined to comment.

Sony reported lower-than-expected profit in February, dragged down by its previously thriving gaming business, even as a one-off gain related to its acquisition of music publisher EMI pushed the quarterly result to a record high.

Third Point last exited a stake in Sony in 2014 with a roughly 20 percent gain after spending a year and a half pushing for Sony to spin off its entertainment division, writing in a letter to investors that the division “remains poorly managed.”

Later Loeb changed his tune, praising the company for cutting costs at the entertainment division and having made management changes.

(Reporting by Svea Herbst-Bayliss in Boston and Liana B. Baker in New York; Editing by Meredith Mazzilli)

Source: OANN

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Oklahoma top court clears way for Purdue, J&J, Teva to face opioid trial

FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen during a news conference in Tel Aviv
FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen during a news conference hold by its CEO, Kare Schultz, to discuss the company's 2019 outlooks in Tel Aviv, Israel February 19, 2019. REUTERS/Amir Cohen

March 25, 2019

By Nate Raymond

(Reuters) – Oklahoma’s top court on Monday declined to delay a landmark trial set for May in a multibillion-dollar lawsuit accusing OxyContin maker Purdue Pharma LP and two other drugmakers of helping fuel an opioid abuse and overdose epidemic in the state.

The Oklahoma Supreme Court’s decision was a win for the state’s attorney general, whose case is set to be the first to face trial of roughly 2,000 lawsuits nationally seeking to hold opioid manufacturers responsible for contributing to the epidemic.

Oklahoma Attorney General Mike Hunter’s 2017 lawsuit accuses Purdue, Johnson & Johnson & Teva Pharmaceutical Industries Ltd of engaging in deceptive marketing that downplayed the risks of addiction associated with opioid pain drugs while overstating their benefits.

The companies deny wrongdoing. They had sought to delay the May 28 trial to Sept. 16, citing the need to review records the state belatedly turned over that could be critical to their defense. The state is seeking over $20 billion in damages.

The trial delay bid came as Purdue, owned by members of the wealthy Sackler family, was exploring filing for Chapter 11 bankruptcy protection to address potential liabilities stemming from the lawsuits, people familiar with the matter have told Reuters.

Purdue did not respond to a request for comment on Monday. After the trial judge declined on March 8 to delay the trial, Stamford, Connecticut-based Purdue denied that his ruling would have any affect on whether it files for bankruptcy.

“We appreciate the quick action taken by the court and for not rewarding the defendants with more time for a problem of their own making,” Hunter said in a statement.

J&J and Teva did not immediately respond to requests for comment.

Opioids, including prescription painkillers, heroin and fentanyl, were involved in a record 47,600 overdose deaths in 2017, according to the U.S. Centers for Disease Control and Prevention.

The epidemic has prompted lawsuits by state and local governments accusing Purdue and other drugmakers of contributing to the crisis.

More than 1,600 lawsuits have been consolidated before a federal judge in Ohio, who has pushed for a settlement ahead of the trial before him in October. Other cases, including Oklahoma’s, are pending in state courts.

(Reporting by Nate Raymond in Boston; Editing by Bill Berkrot)

Source: OANN

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Bernie Sanders' hiring of non-American campaign advisers may violate federal election laws, complaint says

Bernie Sanders was hit a complaint this week, claiming his presidential campaign violated federal election laws by employing non-Americans in advisery positions.

A new complaint by the Coolidge Reagan Foundation filed with the Federal Election Commission (FEC) notes that three members of the Sanders campaign are foreign nationals, which appears to be a violation of federal election laws that prohibit foreign interference.

NEW SPOKESWOMAN FOR BERNIE SANDERS WON'T BE ABLE TO VOTE FOR HIM IN 2020 -- SHE'S AN ILLEGAL IMMIGRANT

Maria Belén Sisa, Sanders’ deputy national press secretary who joined the campaign last month, was among the staffers named in the complaint, as first reported by the Washington Free Beacon. Sisa claims to be an illegal immigrant whose residency is protected under Deferred Action for Childhood Arrivals (DACA), an Obama-era program for assisting illegal immigrants who came to the U.S. as children.

Sisa recently caused an uproar after invoking an anti-Semitic “dual allegiance” trope of Jewish Americans while defending Rep. Ilhan Omar, D-Minn., and questioning whether American Jews, including Sanders, were loyal to the United States.

The complaint notes that Sisa not only got a salary from Sanders’ 2016 presidential campaign, she also contributed money to it and is now serving in “an advisory position” in the 2020 campaign – all of which are “direct and serious violations” of federal election laws.

“Senator Sanders and Bernie 2020 is permitting a foreign national, Ms. Sisa, to serve in an advisory position which allows her to directly or indirectly participate in the decision-making process of persons with regard to election-related activities in violation of FEC regulations,” the complaint reads.

“Senator Sanders and Bernie 2020 is permitting a foreign national, Ms. Sisa, to serve in an advisory position which allows her to directly or indirectly participate in the decision-making process of persons with regard to election-related activities in violation of FEC regulations."

— The complaint

BERNIE SANDERS AIDE DEFENDS OMAR WITH TERM SEEN AS ANTI-SEMITIC, APOLOGIZES

According to the FEC rules, foreign nationals, who aren’t lawfully admitted permanent residents, cannot directly or indirectly participate in political campaigns. Such individuals are also barred from making political contributions.

The complaint also names two other foreign nationals on the Sanders’ 2016 campaign, immigration activists Erika Andiola and Cesar Vargas, who worked as the campaign's national Latino outreach strategist and press secretary for Latino outreach, respectively.

“Due to the high profile of Cesar Vargas, Erika Andiola, and Maria Belén Sisa as leading activists in the undocumented community, there is reason to believe that respondents are ‘foreign nationals' within the meaning of 52 U.S.C. § 301219b)(2), and in violation of 11 C.F.R. § 110.20 (i) and A.O. 2004-26, directly or indirectly participated in the decision-making process of persons with regard to the election-related activities of Bernie 2016," the complaint continued.

“There is reason to believe, having previously employed Ms. Sisa, that Bernie 2020 is currently, and knowingly, permitting a ‘foreign national' … to directly or indirectly participate in the decision-making process of persons with regard to the election-related activities of Bernie 2020.”

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The complaint calls on the FEC to investigate both the 2016 and the current presidential campaigns and take action to curb the violations.

“The Commission should determine and impose appropriate sanctions for any and all violations,” the complaint read. “Further, the Commission should enjoin respondents from any future violations and impose any necessary and appropriate remedies to ensure respondents' future compliance with the Federal Election Campaign Act.”

Source: Fox News Politics

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Klobuchar to Meet With Jimmy Carter, Stacey Abrams

Sen. Amy Klobuchar, D-Minn., is swinging through Georgia on Friday as she campaigns for president and plans to meet with former President Jimmy Carter.

The Atlanta Journal-Constitution reported that Klobuchar is slated to sit down with Carter, who lives in Plains, Georgia with his wife Rosalynn. Also on Klobuchar's schedule is a meeting with Stacey Abrams, a former state representative who lost in last year's Georgia gubernatorial election.

Friday evening, Klobuchar will attend a fundraiser for her campaign at the home of former U.S. Ambassador to Canada Gordon Giffin. Former Georgia Gov. Roy Barnes is hosting the event.

Klobuchar declared her candidacy for president on Feb. 10, doing so via an outdoor speech during a snowstorm in Minneapolis. She is one of several Democrats who have already joined the race as the party seeks someone to challenge President Donald Trump in next year's election.

Carter, 94, lives in the same home where he lived before he served as president from 1977-1981.

Source: NewsMax Politics

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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NEED FOR CASH

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

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

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

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

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

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

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

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

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

Source: Fox News World

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

April 26, 2019

By Charlotte Greenfield

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

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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

April 26, 2019

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

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

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

(Reporting by Muvija M in Bengaluru)

Source: OANN

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