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German ministry wants to extend electric car subsidies: document

VW e-Golf electric cars are assembled in Dresden
FILE PHOTO: Workers are seen behind e-Golf electric cars during assembly at the new production line of the Transparent Factory of German carmaker Volkswagen in Dresden, Germany March 30, 2017. REUTERS/Fabrizio Bensch

April 18, 2019

BERLIN (Reuters) – Germany’s economy ministry wants to extend subsidies for new electric cars until the end of 2020 in an effort to increase sales, draft guidelines seen by Reuters on Thursday showed.

Germany is trying to boost demand for electric vehicles on environmental grounds and in response to a diesel emissions cheating scandal that has engulfed the country’s auto industry, notably Volkswagen but also others including Daimler, in the last three years.

The document, drawn up by the economy ministry, has been sent to other German ministries for approval.

Incentives worth 4,000 euros ($4,500) on the purchase of a new electric car in Germany were introduced in June 2016 and are due to end in June. The draft envisages an extension until Dec. 31, 2020 in largely its current form.

The government and carmakers shared the financing but the 1.2 billion euros earmarked have not yet been used. Some estimates show that less than 500 million euros have been taken up.

The subsidies have helped lift sales but even so, electric cars made up only about 1 percent of new car registrations last year, the KBA motor vehicle authority has said.

The economy ministry declined to comment and referred to previous statements that it would soon communicate details of the incentive program’s future.

(Reporting by Markus Wacket; Writing by Madeline Chambers; editing by John Stonestreet)

Source: OANN

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French economy grew 1.6 percent in 2018: budget minister

The sun sets behind loading cranes in the old harbour of Marseille
The sun sets behind loading cranes in the old harbour of Marseille, France, June 19, 2018. REUTERS/Jean-Paul Pelissier

March 26, 2019

PARIS (Reuters) – The French economy grew slightly more than previously thought last year, helping to trim the deficit, Budget Minister Gerald Darmanin said on Tuesday.

“Last year, we had forecast 1.5 percent growth like all of the (economic) institutes … We should be around 1.6 percent,” Darmanin said on RTL radio.

Shortly afterwards, the INSEE official statistics agency confirmed the 2018 growth figure of 1.6 percent. Previously it had said the government cut the public deficit to a 12-year low last year of 2.5 percent of gross domestic product.

(Reporting by Leigh Thomas; Editing by Sudip Kar-Gupta)

Source: OANN

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Laguna Beach council member putting American flag on patrol cars amid controversy

Laguna Beach police cars with an American flag logo on their patrol cars are under fire from some residents for being "too aggressive" and "militaristic" for possibly offending immigrants.

The Orange County town's city council initially approved American flag lettering for its police department but after community outrage, the city will decide Tuesday if the cop cars will lose the red, white, blue bold paint from their Ford Explorers.

SMALL TOWN RALLIES IN SUPPORT OF AMERICAN FLAG MURAL AFTER INITIAL OUTCRY

"Unfortunately this has devolved to a debate about what the flag means," Laguna Beach Council member Steve Dicterow told "Fox & Friends" Monday. "There are people in Laguna Beach...saying that the flag is hostile, it's intimidating, it's threatening, and that it's a symbol of racism."

One resident, Carrie Woodburn, pointed out the "amazing community of artists" in the area and said it "feels very aggressive."

CHICK-FIL-A MET WITH OPPOSITION AT SAN JOSE AIRPORT

"I defend their right to say these things," Dicterow added. "I also have the right to disagree with that. I believe that the flag is a symbol of equality and of freedom, and it's that very freedom that our police are protecting."

But Dicterow said the outrage has unified the community with support flowing in from across the country.

FLORIDA FIREFIGHTERS PAINT HOME OF BLIND WORLD WAR II VETERAN, 89

Councilman Peter Blake told "Fox & Friends First" the opponents are left-wing extremists, "local hippies leftover from...1970," and labeled it a "California issue."

Blake said he doesn't want to deride the local artist but added that they could take two years to decide between puppies and dolphins but it's just not practical.

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"The fact that we have the flag. The fact that we have a black and white car, and the fact that we were able to make a decision in a relatively short amount of time to get our police back on the road in a car that appears to be aggressive enough to deter crime is a miracle," Blake said.

The city council is set to vote Tuesday on whether to keep the logo or choose an alternative.

Source: Fox News National

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Georgia officers fatally shot man who had an airsoft gun

Authorities say seven police officers in Georgia shot and killed a man who charged at them with what they later learned was an airsoft gun.

Athens-Clarke County Police said they were called to a home Friday night about and armed man.

Police said the officers demanded 34-year-old Thomas Swinford drop the gun, but instead he ran toward them, pointing the gun their direction.

Police said in a news release seven officers fired at Swinford, who died a short time later at the hospital. Authorities say Swinford had an airsoft gun. Airsoft guns often look like real guns but fire plastic BB-like projectiles.

The Georgia Bureau of Investigation has taken over the shooting probe.

Source: Fox News National

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Zimbabwe nearly doubles bread price as economic woes mount

A man buys bread from a street vendor in Mbare township
FILE PHOTO: A man buys bread from a street vendor in Mbare township, Harare, Zimbabwe, January 24, 2019. REUTERS/Philimon Bulawayo

April 16, 2019

HARARE (Reuters) – The price of bread nearly doubled in Zimbabwe on Tuesday, another burden for citizens already struggling with a weakening currency and rising prices for basic goods.

Bread now costs 3.50 RTGS dollars a loaf, up from 1.80 on Monday, according to prices displayed by most shops visited by Reuters in the capital, Harare.

“Bread has now become a luxury. How many people can afford it at this rate?” said Sarah Chisvo, a mother of three who was picking up groceries in a supermarket in central Harare. “The government needs to do something before this gets out of hand.”

Zimbabwe ditched its own currency for the U.S. dollar and other currencies in 2009, after hyperinflation reached 500 billion percent the previous year.

In February, faced with acute shortages of U.S. dollars, Zimbabwe introduced a new currency, called the Real Time Gross Settlement dollar. The RTGS has been losing value ever since, forcing companies to increase prices .

Year-on-year inflation raced to 66.8 percent in March, up from 59.39 the previous month, according to statistics agency Zimstats.

On Tuesday, the RTGS dollar was trading at 3.19 to the dollar on the interbank market and 5 on the black market. That means a loaf of bread costs about 70 U.S. cents a loaf, in a country where the average income is around $4 a day.

Bread is the most consumed staple after maize meal, and the increase follows that of other products like cooking oil, sugar and milk. In January, a fuel price increase led to protests that left several people dead following a military crackdown.

While prices of basic goods continue to spike, salaries have largely remained unchanged, increasing public anger against President Emmerson Mnangagwa’s government.

Zimbabwe is suffering from the twin effects of drought and a cyclone that wrecked the eastern parts of the country. That means the country needs to import food using scarce dollars, which will put further pressure on the exchange rate and prices, analysts say.

(Reporting by MacDonald Dzirutwe)

Source: OANN

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Gillibrand: ‘Ashamed’ of Past Anti-immigrant Positions

Sen. Kirsten Gillibrand said Tuesday she's "ashamed" of some of her previous stances on immigration, but insisted she recognized some of her views "really did need to change" once she became a senator in 2009.

"When I was a member of Congress from upstate New York, I was really focused on the priorities of my district," the New York Democrat and presidential candidate said during a CNN town hall.  "When I became senator of the entire state, I recognized that some of my views really did need to change. They were not thoughtful enough and didn't care enough about people outside of the original upstate New York district that I represented. So, I learned."

Gillibrand entered national politics when she won a House seat in a largely Republican district near Albany, New York in 2006, and at that time she called securing the border a "national security priority," advocated blocking some benefits for undocumented immigrants, and called for establishing English as an official language.

She said her changing stance shows strength, not weakness.

"For people who aspire to be president, I think it's really important that you're able to admit when you're wrong and that you're able to grow and learn and listen and be better, and be stronger," Gillibrand said.

"That is something that Donald Trump is unwilling to do," the senator added. "He's actually incapable of it. And I think it's one of the reasons why he is such a cowardly president."

She also pointed out that she's made comprehensive immigration reform a key priority while in the Senate, and she plans to continue to fight to reunite families who have been separated at the border.

Source: NewsMax Politics

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Columbine memorial ceremony shines a light on community strength: a ‘senseless tragedy indelibly imprinted in our minds’

As the small suburban town of Littleton, Colo., gathered on Saturday to honor the 20-year anniversary of the notorious massacre at Columbine High, the message community leaders shared was one of remembrance, reflection, and ultimately forgiveness.

Ron Mitchell, principal at Columbine from 1986 to 1996, said he still struggles with what happened, adding that he never imagined that such a tragedy could take place at any school, no less his own.

“In some ways it is hard to believe that it's been 20 years and in other ways it feels like the senseless tragedy and loss of life occurred yesterday, as it is indelibly imprinted in our minds and hearts.”

Crosses with the names of the victims of the massacre at Columbine High School nearly 20 years ago stand along a picnic site in the park before a vigil at the memorial Friday, April 19, 2019, in Littleton, Colo. (AP Photo/David Zalubowski)

Crosses with the names of the victims of the massacre at Columbine High School nearly 20 years ago stand along a picnic site in the park before a vigil at the memorial Friday, April 19, 2019, in Littleton, Colo. (AP Photo/David Zalubowski)

Local Pastor James Hoxworth urged those in attendance not to forget the shooting, in which two students gunned down 13 people -- 12 students and a teacher -- and injured many more before killing themselves. He also urged the people on hand to reflect on the “good that has come out of so much pain”

“This community has refused to allow the tragedy to define us, and how this community has responded to tragedy is how we are defined,” Hoxworth said.

COLUMBINE SURVIVOR ION MOMENTS OF SHOOTING: ‘I COMPLETELY DISASSOCIATED’

“All of a sudden, life comes into crystal-clear focus and we reflect; the things that we thought we valued seemed to pale in comparison to what we truly value in this life.”

Scott Christy, the current principal, was presented with a 17th-century tea bowl by Japanese artist Makoto Fujimura. The bowl was broken once and repaired with gold, giving it the name “‘The River of Gold.”

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Fujimura said the change that came from the repair made the bowl “more beautiful” and “more valuable,” making it a fitting symbol of all that has emerged from that shooting back in 1999.

The Associated Press contributed to this report.

Source: Fox News National

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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Al-Qaida in Yemen is vowing to avenge beheadings carried out by Saudi Arabia this week — an indication that some of the 37 Saudis executed on terrorism-related charges were members of the Sunni militant group.

Al-Qaida in the Arabian Peninsula, as the branch is called, posted a statement on militant-linked websites on Friday, accusing the kingdom of offering the blood of the “noble children of the nation just to appease America.”

The statement says al-Qaida will “never forget about their blood and we will avenge them.”

U.S. ally Saudi Arabia on Tuesday executed 37 suspects convicted on terrorism-related charges. Most were believed to be Shiites but at least one was believed to be a Sunni militant.

His body was pinned to a pole in public as a warning to others.

Source: Fox News World

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For two friends with checkered pasts it was the luck of a lifetime: a 4 million-pound ($5.2 million) lottery win.

But Mark Goodram and Jon-Ross Watson may see their celebrations cut short.

The Sun newspaper reports that Britain’s National Lottery is withholding the payout as it investigates whether the men, who have a string of criminal convictions, used illicit means to buy the winning ticket.

The Sun said neither man has a bank account, leading lottery organizers to investigate how they obtained the bank-issued debit card that paid for the 10 pound ($13) scratch card.

Camelot, which runs the lottery, said Friday it couldn’t confirm details of the story because of winner-anonymity rules. The firm said it holds a “thorough investigation” if there is any doubt about a claim.

Source: Fox News World

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