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Rashida Tlaib’s removal from committees urged by Zionist Organization of America

One of America’s oldest Jewish organizations called Wednesday for U.S. Rep. Rashida Tlaib, D-Mich., to be removed from congressional committees and from the Democratic Party.

In an editorial posted on its website, the Zionist Organization of America, which dates to 1897, pointed to what it described as Tlaib’s “anti-Israel record,” and accused the freshman congresswoman of associating with “terrorists, anti-Semites and conspiracy theorists.”

“Rashida Tlaib’s anti-Israel record was already well-known before she was elected in last year’s midterm elections,” the ZOA article asserts. “She calls Israel a ‘racist country’ on the basis of the lie that Israel discriminates against those ‘darker skinned,’ supports the destruction of Israel in favor of an Arab-dominated state (“It has to be one state”), ‘absolutely’ backs withholding U.S. aid from Israel, and openly supports the Boycott, Divestment, and Sanctions (BDS) movement, which is committed to international ostracism and weakening of Israel with a view to its eventual elimination.”

FRESHMAN REP. RASHIDA TLAIB INTRODUCES RESOLUTION URGING TRUMP IMPEACHMENT

The ZOA supports its assertions with links to news stories that quote the 42-year-old Palestinian-American lawmaker from Detroit.

The same article includes a list of people with whom Tlaib has been photographed, or about whom Tlaib has posted social media messages, and includes information about their alleged links to bombings or other crimes.

“It is perfectly clear that Rashida Tlaib is not in the smallest degree ashamed, and has not the slightest inhibition about, being publicly being associated with these anti-Semites, terrorists and glorifiers of Jew-murderers," ZOA National President Morton A. Klein and Chairman Mark Levenson said in a joint statement.

JEWISH GROUPS CONDEMN RASHIDA TLAIB OVER TIES TO RADICAL PRO-HEZBOLLAH, ANTI-ISRAEL ACTIVIST

“The Democratic Party must do the only honorable thing," they continued, "which is to expel her from the party and remove her from Congressional committees."

Since taking office in January, Tlaib has been a lightning rod for criticism from Republicans as well as from members of her own party.

She quickly drew national attention just hours after being sworn in, when she used a profanity in calling for the impeachment of President Trump.

“We’re gonna go in there and we’re gonna impeach the motherf---er,'” she told a crowd of supporters, referring to Trump.

In March, Tlaib denounced anti-Semitism in an interview with the Detroit News.

"I’m always pushing back against it," Tlaib said of anti-Semitism. "But this is going to continue happening because I’m Palestinian."

She claimed that an important distinction needed to be made between anti-Semitism and her criticisms of the policies of Israeli Prime Minister Benjamin Netanyahu.

"When I criticize Netanyahu’s discrimination, inequality, human rights violations, saying you have to do better and we have to look at real equality and even desegregating certain communities," Tlaib told the News, "that, to me, does not make me charging toward the Jewish faith at all. And I'm very conscientious of that."

In April, Tlaib quickly came to the defense of another progressive Democrat, Rep. Ilhan Omar of Minnesota, after Omar referred to the terror attacks of Sept. 11, 2001, as “some people did something.”

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Tlaib claimed that critics had taken Omar’s words out of context.

“My sister Ilhan Omar, what she was talking about, was uplifting people by supporting their civil liberties and civil rights,” Tlaib said in a television interview. “She has always, always condemned any strategy, especially of a person directly impacted by being a refugee herself.”

More recently, Tlaib asked her supporters last week to join her in a hunger strike in protest of Immigration and Customs Enforcement (ICE), arguing that the federal agency that enforces U.S. immigration laws should be shut down.

Source: Fox News Politics

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NH Poll: Buttigieg in Third Behind Biden, Sanders

Surprise presidential candidate Pete Buttigieg is gaining ground on political heavyweights Bernie Sanders and Joe Biden, at least in New Hampshire, according to a poll released Wednesday.

The 37-year-old longtime South Bend, Indiana, mayor has the support of 10.7 percent of likely Democratic primary voters, compared with 23 percent for former Vice President Biden and 15.6 percent for Sen. Sanders, I-Vt.

"Right now, it looks like the battle in New Hampshire is all about two familiar faces," said Neil Levesque of the New Hampshire Institute of Politics.

"This is very surprising," Levesque said of Buttigieg in third. "He's now in third place in New Hampshire, and he came from relative obscurity. And he's gone up an astounding 33 percent with his favorability, so Pete Buttigieg is somebody to watch."

Sanders is running for a second consecutive time, while Biden has yet to announce a bid for the 2020 race, though he is leaning toward running.

Buttigieg has only announced an exploratory committee, a step short of an actual presidential campaign.

Source: NewsMax Politics

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Idaho Governor OKs 18-year-olds Carrying Concealed Guns in Cities

Legislation lowering from 21 to 18 the age limit for carrying a concealed handgun within city limits in Idaho without a permit or training has been signed into law by Republican Gov. Brad Little.

Little signed the law Tuesday backers say is needed to align gun laws in urban areas with rural areas where those 18 and older can already carry a concealed handgun.

Backers say the change will protect law-abiding citizens from accidentally breaking the law when they travel across a county and enter city limits.

Opponents say there's a big difference between rural Idaho and urban Idaho and not allowing persons age 18 to 20 to carry a concealed handgun is reasonable to prevent accidental shootings and shootings resulting from altercations.

Source: NewsMax America

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Citigroup to refund retail customers for investment losses: Australian regulator

FILE PHOTO: The Citigroup Inc logo is seen at the SIBOS banking and financial conference in Toronto
FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren

April 15, 2019

SYDNEY (Reuters) – Citigroup will refund more than A$3 million ($2.2 million) to retail customers in Australia who suffered losses from complex investments sold by the bank, the country’s corporate watchdog said on Monday.

The Australian Securities and Investments Commission said Citi would refund 114 customers who invested in complex fixed-income products between 2013 and 2017 and lost money.

The bank has also agreed to give customers with remaining investments in the products an opportunity to exit “without cost,” the regulator said in a statement.

A spokeswoman for Citi, which is also defending a lawsuit brought by the regulator over a 2015 capital raising, did not immediately return a request for comment.

(Reporting by Paulina Duran; Editing by Chris Gallagher)

Source: OANN

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Mayor de Blasio: NYC will have 'Meatless Mondays' in all public schools

There’ll be no mystery meat, or any other meat, on Mondays at New York City public schools.

New York City public schools are expanding their “Meatless Mondays” program in the fall.

“Cutting back on meat a little will improve New Yorkers' health and reduce greenhouse gas emissions,” said Mayor Bill de Blasio in a statement Monday.

“We're expanding Meatless Mondays to all public schools to keep our lunch and planet green for generations to come.”

CALIFORNIA DEMS FLEX NEW SUPERMAJORITY, WITH PLANS TO PURSUE GUN TAX AND MORE

The initiative will provide the system’s one million students with all-vegetarian breakfast and lunch menus every Monday.

Advocates note Meatless Mondays promote healthy, environmentally friendly meal options.

“The announcement that Mayor de Blasio has expanded Meatless Monday to all New York City public schools marks a major milestone. Through this united effort, New York City’s schools take a leadership role in getting our children on a healthier track, as well as making a positive impact on our environment,” said Sid Lerner, who is the founder of the Meatless Monday Movement, in a statement.

A pilot program was started in 15 Brooklyn schools in the spring of 2018.

The city said the expansion will be cost-neutral.

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School nutrition experts will get students’ feedback before the menus are finalized.

In January, New York City started promoting “Meatless Mondays” options at its 11 public health system hospitals. The program also encourages patients to continue the practice after their discharge.

The Associated Press contributed to this report.

Source: Fox News Politics

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Mexican President in Deep Water With Trump as Border Crisis Explodes

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Superdry founder set to win investor backing for return to board

FILE PHOTO: A woman walks past a window display at a Superdry store in London
FILE PHOTO: A woman walks past a window display at a Superdry store in London, Britain, March 1, 2019. REUTERS/Toby Melville/File Photo

April 2, 2019

(Reuters) – The founder and former boss of Superdry, Julian Dunkerton, is set to return to the board of the British fashion group after winning the support of shareholders by a narrow margin, initial votes showed on Tuesday.

Superdry said proxy votes cast ahead of a meeting of investors showed Dunkerton had secured 50.75 percent of the votes cast for his reappointment as a director.

The final outcome will be declared once votes cast at the general meeting itself are included.

Dunkerton, who owns 18.4 percent of Superdry’s equity, had quit the firm a year ago after a row over strategy. He particularly does not agree with Superdry’s product and internet plans.

Superdry, whose main products are sweatshirts, hoodies and jackets, has issued a string of profit warnings, the latest in December, and its shares have slumped 64 percent over the last year. It has been led by Chief Executive Euan Sutherland since 2014.

Superdry’s board had opposed Dunkerton’s return, saying it would be highly disruptive and could trigger resignations.

Dunkerton and Superdry’s co-founder and former brand and design director James Holder, who has a 9.7 percent stake, also wanted to place Peter Williams, an industry veteran who is the current chairman of online fashion retailer Boohoo, onto the board as a non-executive director.

The proxy votes showed Williams had also won the support of 50.74 percent of votes cast.

Shares in Superdry were down 2 percent at 1114 GMT.

(Reporting by Noor Zainab Hussain in Bengaluru and James Davey in London; Editing by Arun Koyyur)

Source: OANN

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

Source: OANN

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

Source: OANN

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

Source: OANN

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

Source: OANN

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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