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Brazilian lawmakers negotiate pension bill details ahead of vote

FILE PHOTO: Brazil's Secretary of Social Security Rogerio Marinho is seen as he leaves the Ministry of Economy building in Brasilia
FILE PHOTO: Brazil's Secretary of Social Security Rogerio Marinho is seen as he leaves the Ministry of Economy building in Brasilia, Brazil April 2, 2019. REUTERS/Adriano Machado/File Photo

April 23, 2019

BRASILIA (Reuters) – Brazil’s Labor and Pensions Secretary Rogerio Marinho said on Tuesday negotiations over the government’s key pension reform bill were continuing in the hope that a congressional committee would still be able to vote on the legislation this afternoon.

President Jair Bolsonaro’s government made several minor concessions to the bill on Monday night, local newspapers reported, to ensure that the vote goes forward.

Marinho said the negotiations were going well so far.

Economists, investors and others consider pension reform essential to getting control of Brazil’s ever-growing fiscal deficit and balancing the budget. The measure was a key proposal of Bolsonaro’s election campaign.

The government says the pension changes would save roughly 1 trillion reais ($253.38 billion) in the decade after approval. The modifications agreed to on Monday should not affect the amount of money saved, O Globo newspaper reported on Tuesday.

The government, however, has lost momentum on the pension legislation in recent days, even as key economic indicators have worsened. Brazil’s real currency fell some 0.3 percent on Monday, as its Bovespa stock index rose almost 1.4 percent.

The Constitutional and Legal Affairs Committee of Congress’ lower house is set to meet at 2:30 p.m. local time (1730 GMT).

(Reporting by Marcela Ayres; Writing by Marcelo Rochabrun; Editing by Paul Simao)

Source: OANN

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Trump Tweets He Has Not Read Mueller Report

President Donald Trump said on Saturday he had not read Special Counsel Robert Mueller's report investigating contacts between his 2016 campaign and Russia.

"I have not read the Mueller Report yet, even though I have every right to do so," Trump wrote on Twitter. "Only know the conclusions, and on the big one, No Collusion."

Source: NewsMax Politics

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Handcuffing of 9-year-old prompts probe of police practices

Video of a Washington, D.C., police officer chasing and handcuffing a 9-year-old boy on Monday has prompted a review of police practices.

Attorney General Karl A. Racine told news outlets Wednesday about the review into how the department deals with children. He says those practices will then be compared to other departments. The child wasn't charged with a crime and was released into his mother's custody.

The mother says her son was leaning against a car and the officer asked him to move. She says her son then called the officer a slur and fled. Police say an internal investigation is ongoing.

Last month, another officer detained a 10-year-old boy later determined to have been wrongfully accused of armed robbery. Chief Peter Newsham says that launched an internal procedure review.

Source: Fox News National

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Makeup brand Glossier raises $100 million after sales double

glossier1
Undated handout image of Glossier products. REUTERS/Glossier/Handout

March 19, 2019

(Reuters) – Glossier Inc, the online cosmetics company with a cult following among millennials, has raised $100 million in funding led by Sequoia Capital, as it readies new products after sales doubled last year.

The funding gives the company a valuation of $1.2 billion, the Wall Street Journal reported on Tuesday, placing it among a clutch of billion-dollar makeup brands that have grown rapidly thanks to the social-media celebrity of their founders.

Kylie Cosmetics, Pat McGrath Labs, Jessica Alba’s Honest Beauty and Huda Beauty are other brands with a valuation nearing or above $1 billion, according to media reports.

Known for their “millennial pink” packaging, Glossier products have been worn by Beyonce, Chrissy Teigen, Miranda Kerr and other celebrities. With nearly 2 million Instagram followers, the brand has grabbed eyeballs with ads that feature everyday people, products that cover a variety of skin tones and an emphasis on a natural, “no-makeup” appearance.

The company, launched by U.S. lifestyle blogger Emily Weiss in 2014 as an online business, has grown to over 200 employees and last year surpassed $100 million in revenue from its direct-to-consumer line, it said in a statement.

Earlier this month, Glossier launched “Play,” a brand that sells more colorful, flashier makeup, as part of efforts to grow its customer base.

Glossier also announced it had hired Vanessa Wittman, a former finance executive at Dropbox and Yahoo-owner Oath Inc, as its new chief financial officer.

Its latest funding round, a series D, included some existing investors as well as new investors Tiger Global Management and Spark Capital.

“Beauty consumers increasingly want to interact with brands and purchase products online,” said Megan Quinn, general partner at Spark Capital. “The industry’s conglomerates are ill-equipped to retrofit their businesses to this new reality.”

Glossier was valued at $390 million after a $52 million funding round one year ago, according to PitchBook Data.

(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sai Sachin Ravikumar)

Source: OANN

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Austria plans hikers code of conduct after tourist trampled by cows

FILE PHOTO: A group of Simmental cattle graze on a farm near Seckau
FILE PHOTO: A group of Simmental cattle graze on a farm near Seckau, Austria, July 29, 2017. REUTERS/Leonhard Foeger/File Photo

March 11, 2019

VIENNA (Reuters) – Austrian Chancellor Sebastian Kurz said on Monday the country would introduce a legally binding “code of conduct” for hikers who visit its picturesque mountain pastures in response to the death of a German tourist who was trampled by cows.

The incident which took place in Tyrol in 2014 has made national headlines and a court last month ordered the farmer who owned the cattle to pay hundreds of thousands of euros in damages to the 45-year-old victim’s family.

That has caused outrage among farmers and consternation among the public, partly because the victim was walking her dog on a leash attached to her waist. Cows can charge to protect their calves when they see dogs, and hikers are advised to release their dogs in such cases, which she did not do.

“We will lay out clearly in the code of conduct what is expected of people who use mountain pastures,” Kurz told a news conference.

Kurz did not provide specifics but did suggest that dogs would be an important part of the new code, adding that problem cases have “almost exclusively” involved dogs.

The code is part of a package of measures being worked on, including changing the law covering such incidents.

“We expect that if people stick to this code of conduct, there will be no incidents. If someone does not stick to the code of conduct, then they will lose the chance to claim damages,” Kurz said.

(Reporting by Francois Murphy; editing by Jason Neely)

Source: OANN

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ATP roundup: Canadian teen reaches Rio semis

FILE PHOTO: Tennis: US Open
FILE PHOTO: Aug 27, 2018; New York, NY, USA; Felix Auger-Aliassime of Canada reaches for a forehand against Denis Shapovalov of Canada (not pictured) in the first round on day one of the 2018 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Geoff Burke-USA TODAY Sports

February 23, 2019

Felix Auger-Aliassime, an 18-year-old Canadian, advanced to his first career ATP Tour semifinal appearance with a 6-4, 6-3 victory over Spain’s Jaume Munar on Friday in the Rio Open at Rio de Janeiro, Brazil.

Aliassime, ranked 104th in the world, had just seven career wins on the top-level tour before winning three consecutive matches this week. He was the more aggressive player against Munar, producing 32 winners and 34 errors, while the Spaniard had seven winners and 18 errors.

Next up for Aliassime is a matchup against the winner of the Friday night match featuring Uruguay’s Pablo Cuevas and Spain’s Albert Ramos-Vinolas.

The other semifinal will be an all-European affair. Slovenia’s Aljaz Bedene, a 4-6, 6-2, 6-3 winner over Bolivia’s Hugo Dellien, will oppose Serbia’s Laslo Djere, who knocked out Norway’s Casper Ruud 6-4, 7-5.

Open 13 Provence

French wild-card entrant Ugo Humbert continued his march in Marseille, France, defeating Matthias Bachinger 6-3, 6-3 to reach his first career semifinal.

Humbert, a 20-year-old ranked 75th, had a 3-7 career match record on the ATP Tour prior to this week, though he won a Challenger (second-tier) event last week in Cherbourg, France.

Kazakhstan’s Mikhail Kukushkin, who beat Russia’s Andrey Rublev 6-4, 6-1, will meet Humbert in the semifinals.

Third-seeded David Goffin of Belgium topped sixth-seeded Gilles Simon of France 6-2, 6-4 to set up a semifinal against top-seeded Greek Stefanos Tsitsipas, who beat Ukraine’s Sergiy Stakhovsky 6-4, 6-3.

Delray Beach Open

Thanks to 24 aces, second-seeded John Isner of the U.S. posted a 7-6 (2), 6-4 win over eighth-seeded Adrian Mannarino of France in the quarterfinals at Delray Beach, Fla.

Isner saved all three break points he faced and earned the lone service break of the match midway through the second set.

His semifinal opponent will be Great Britain’s Daniel Evans, who upset sixth-seeded Andreas Seppi of Italy 6-4, 6-4.

The other semifinal will see Moldova’s Radu Albot, a 1-6, 6-3, 7-6 (5) winner over fourth-seeded American Steve Johnson, taking on either top-seeded Juan Martin del Potro of Argentina or American Mackenzie McDonald.

–Field Level Media

Source: OANN

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Daimler to develop Smart brand together with Geely

China Development Forum in Beijing
Daimler CEO Dieter Zetsche speaks during the China Development Forum in Beijing, China March 24, 2019. REUTERS/Thomas Peter/Pool

March 28, 2019

FRANKFURT/BEIJING (Reuters) – Daimler on Thursday said it will develop its next generation of Smart electric vehicles in China through a joint venture with rival Geely, deepening an alliance between the two carmakers.

Daimler said it will build next generation Smart vehicles at a purpose built factory in China, and share its expertise in manufacturing, engineering and design with Geely.

(Reporting by Edward Taylor; editing by Thomas Seythal)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

By Jan Wolfe and Richard Cowan

(Reuters) – The “i word” – impeachment – is swirling around the U.S. Congress since the release of Special Counsel Robert Mueller’s redacted Russia report, which painted a picture of lies, threats and confusion in Donald Trump’s White House.

Some Democrats say trying to remove Trump from office would be a waste of time because his fellow Republicans still have majority control of the Senate. Other Democrats argue they have a moral obligation at least to try to impeach, even though Mueller did not charge Trump with conspiring with Russia in the 2016 U.S. election or with obstruction of justice.

Whether or not the Democrats decide to go down this risky path, here is how the impeachment process works.

WHAT ARE GROUNDS FOR IMPEACHMENT?

The U.S. Constitution says the president can be removed from office by Congress for “treason, bribery, or other high crimes and misdemeanors.” Exactly what that means is unclear.

Before he became president in 1974, replacing Republican Richard Nixon who resigned over the Watergate scandal, Gerald Ford said: “An impeachable offense is whatever a majority of the House of Representatives considers it to be at a given moment in history.”

Frank Bowman, a University of Missouri law professor and author of a forthcoming book on the history of impeachment, said Congress could look beyond criminal laws in defining “high crimes and misdemeanors.” Historically, it can encompass corruption and other abuses, including trying to obstruct judicial proceedings.

HOW DOES IMPEACHMENT PLAY OUT?

The term impeachment is often interpreted as simply removing a president from office, but that is not strictly accurate.

Impeachment technically refers to the 435-member House of Representatives approving formal charges against a president.

The House effectively acts as accuser – voting on whether to bring specific charges. An impeachment resolution, known as “articles of impeachment,” is like an indictment in a criminal case. A simple majority vote is needed in the House to impeach.

The Senate then conducts a trial. House members act as the prosecutors, with senators as the jurors. The chief justice of the U.S. Supreme Court presides over the trial. A two-thirds majority vote is required in the 100-member Senate to convict and remove a president from office.

No president has ever been removed from office as a direct result of an impeachment and conviction by Congress.

Nixon quit in 1974 rather than face impeachment. Presidents Andrew Johnson in 1868 and Bill Clinton in 1998 were impeached by the House, but both stayed in office after the Senate acquitted them.

Obstruction of justice was one charge against Clinton, who faced allegations of lying under oath about his relationship with White House intern Monica Lewinsky. Obstruction was also included in the articles of impeachment against Nixon.

CAN THE SUPREME COURT OVERTURN?

No.

Trump said on Twitter on Wednesday that he would ask the Supreme Court to intervene if Democrats tried to impeach him. But America’s founders explicitly rejected making a Senate conviction appealable to the federal judiciary, Bowman said.

“They quite plainly decided this is a political process and it is ultimately a political judgment,” Bowman said.

“So when Trump suggests there is any judicial remedy for impeachment, he is just wrong.”

PROOF OF WRONGDOING?

In a typical criminal court case, jurors are told to convict only if there is “proof beyond a reasonable doubt,” a fairly stringent standard.

Impeachment proceedings are different. The House and Senate “can decide on whatever burden of proof they want,” Bowman said. “There is no agreement on what the burden should be.”

PARTY BREAKDOWN IN CONGRESS?

Right now, there are 235 Democrats, 197 Republicans and three vacancies in the House. As a result, the Democratic majority could vote to impeach Trump without any Republican votes.

In 1998, when Republicans had a House majority, the chamber voted largely along party lines to impeach Clinton, a Democrat.

The Senate now has 53 Republicans, 45 Democrats and two independents who usually vote with Democrats. Conviction and removal of a president would requires 67 votes. So that means for Trump to be impeached, at least 20 Republicans and all the Democrats and independents would have to vote against him.

WHO BECOMES PRESIDENT IF TRUMP IS REMOVED?

A Senate conviction removing Trump from office would elevate Vice President Mike Pence to the presidency to fill out Trump’s term, which ends on Jan. 20, 2021.

(Reporting by Jan Wolfe and Richard Cowan; Editing by Kevin Drawbaugh and Peter Cooney)

Source: OANN

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