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Slain journalist James Foley's mom: Alabama woman who joined ISIS should face justice

The mother of a journalist beheaded by the Islamic State (ISIS) told Fox News on Tuesday that an Alabama woman who left the U.S. to join the radical terror group should be held accountable for her actions.

“Hoda [Muthana] and the many thousands of ISIS fighters who have promoted terrorism need to be held accountable and brought to justice,” Diane Foley said on “Your World.” “I feel that is vital.”

She expressed sympathy for Muthana who left Alabama four years ago and married an ISIS member -- and has since said she wants to return to the U.S. with her 18-month-old son.

“Certainly as a Christian we all make mistakes and need to consider forgiveness, particularly for her young child who needs to be protected and raised,” Foley told Charles Payne.

“I thought I was doing things correctly for the sake of God,” Muthana told The Guardian. “When I came here and saw everything with my own eyes, I realized I made a big mistake.”

ISIS WIFE DILEMMA: U.S.-BORN CITIZENS, EVEN TERRORISTS, CAN'T BE BARRED FROM RE-ENTRY, EXPERTS SAY

According to reports, Muthana used Twitter to call for violence against Americans and non-Muslims, even calling for the assassination of former President Barack Obama.

“You can look up Obamas schedule on the white house website. Take down that treacherous tyrant!” Muthana tweeted in 2015.

Muthana claimed she was “brainwashed.”

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“She needs to be held accountable for her mistakes and monitored very carefully,” Foley told Payne.”She spent four years of her life being brainwashed in this horrific ideology of hatred, and she’s tried to incite more and more violence on her countrymen. ”

Diane Foley's son, James, was slain by ISIS in 2014, nearly two years after he'd been abducted in Syria.

Source: Fox News World

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Mnuchin says hopes U.S.-China trade talks nearing ‘final round’

U.S. Treasury Secretary Steven Mnuchin at the IMF and World Bank Spring Meetings in Washington
U.S. Treasury Secretary Steven Mnuchin leaves the G-20 Finance Ministers and Central Bank Governors' meeting at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler Duggan

April 13, 2019

By David Lawder and Pete Schroeder

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go “way beyond” previous efforts to open China’s markets to U.S. companies and hoped that the two sides were “close to the final round” of negotiations.

Mnuchin, speaking to reporters on the sidelines of the International Monetary Fund and World Bank spring meetings, said that he and U.S. Trade Representative Robert Lighthizer would hold two calls next week with Chinese Vice Premier Liu He. The officials also were discussing whether more in-person meetings were necessary to conclude an agreement.

“I think we’re hopeful that we’re getting close to the final round of concluding issues,” Mnuchin said.

Beijing and Washington are seeking a deal to end a bitter trade war marked by tit-for-tat tariffs that have cost the world’s two largest economies billions of dollars, disrupted supply chains and rattled financial markets.

Among the issues under discussion are U.S. demands that China open more sectors of its economy to foreign and U.S. firms. Asked whether such an opening would go beyond what was contemplated in the 2016 Bilateral Investment Treaty negotiations, he replied:

“We are making progress, I want to be careful. This is not a public negotiation … this is a very, very detailed agreement covering issues that have never been dealt with before,” Mnuchin said. “This is way beyond anything that looked like a bilateral investment treaty.

The BIT talks, pursued by former President Barack Obama’s administration, stalled as China refused to satisfy U.S. demands to open significant sectors of its economy to foreign investment. The talks were not taken up by the Trump administration, which pursued tariffs on Chinese goods instead, leading to the current talks.

Mnuchin called the agreement under negotiation “the most significant change in the trading relationship in 40 years,” adding that it would have “real enforcement on both sides.”

(Reporting by David Lawder and Pete Schroeder; Editing by Paul Simao)

Source: OANN

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Harvey Weinstein's sexual assault trial delayed until June

Harvey Weinstein's sexual assault trial in New York City is being delayed until June 3.

Court spokesman Lucian Chalfen confirmed the delay on Monday. The fallen film mogul is still expected to appear at a pretrial hearing March 8.

Weinstein's trial had been slated for May 6, but that date was agreed on before he shook up his defense team with four new lawyers.

Weinstein lawyers Jose Baez and Ronald Sullivan are starting a trial in Brooklyn on Tuesday that's expected to take up to 10 weeks.

In December, Weinstein lost a hard-fought bid to get the case thrown out.

The 66-year-old producer is charged with raping an unidentified acquaintance in 2013 and performing a forcible sex act on a different woman in 2006.

He denies all allegations of nonconsensual sex.

Source: Fox News National

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Ivanka Trump eyes laws, conditions that deter African women

Ivanka Trump is putting the spotlight on laws and conditions that deter African women.

The president's daughter and senior adviser is in Africa to promote a White House global women's project. She spoke out during a policy discussion with Ethiopia's president about road blocks women face, after signing a joint statement with the African Union Commission.

She signed the agreement with the body's deputy chairman, Kwesi Quartey. The United States and the commission are pledging to help empower women and to fight problems like child marriage, human trafficking and sexual abuse. Trump noted the "collective goal" to eliminate gender-based violence, and she stressed the shared focus on providing access to education and business opportunities.

Source: Fox News World

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U.S. judge recommends Manafort serve sentence in Maryland prison

FILE PHOTO: Paul Manafort, former campaign chairman for U.S. President Donald Trump, departs after a hearing at U.S. District Court in Washington
FILE PHOTO: Paul Manafort, former campaign chairman for U.S. President Donald Trump, departs after a hearing at U.S. District Court in Washington, DC, U.S., April 19, 2018. REUTERS/Brian Snyder/File Photo

March 22, 2019

WASHINGTON (Reuters) – The U.S. judge overseeing former Trump campaign chairman Paul Manafort’s trial in Washington recommended on Friday that his sentence be served at a prison in Cumberland, Maryland.

Earlier this month, Manafort was sentenced to a total of 7-1/2 years behind bars for witness tampering, tax and bank fraud, and other crimes.

(Reporting by Eric Beech; Editing by David Alexander)

Source: OANN

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BAML says S&P500 will break 3,000 in second quarter before topping out

A Wall Street sign is seen in Lower Manhattan in New York
A Wall Street sign is seen in Lower Manhattan in New York, January 20, 2016. REUTERS/Mike Segar

April 5, 2019

LONDON (Reuters) – The U.S. benchmark S&P 500 stock index will scale new peaks above 3,000 in the second quarter before topping out, Bank of America Merrill Lynch said on Friday as data showed more cash was pulled from global equities this week.

The bank’s strategists said they expect the U.S. stock market to top out in the current quarter after hitting all-time highs fueled by gains in banks and oil stocks.

A 3,000 level would mark a 4 percent rise from Thursday’s close. The index touched a record high in September of 2,940.

The forecast was published in the bank’s weekly report on fund flows that showed investors continued to shun U.S. and European equities, pulling $7.7 billion from stocks in the week to April 3 and piled further into bonds adding $11.4 billion. The report is based on EPFR data.

(Reporting by Josephine Mason; Editing by Hugh Lawson)

Source: OANN

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Cash for Clunkers: Yet Another Way Government Increased the Cost of Living

President Obama’s Car Allowance Rebate System (CARS), more popularly known as “Cash for Clunkers,” is now a decade old.

For those with short memories or those utilizing the healthy defense mechanism of repression, CARS, enacted by Congress in the summer of 2009, was a Keynesian-inspired stimulus package consisting of a $3,500 or $4,500 subsidy to those willing to part with their inefficient used vehicles and “trade” them for newly manufactured cars and trucks with better mileage ratings. Congress initially appropriated $1 billion for what was to be a five month program, both to stimulate new car sales and supposedly improve air quality. Because the initial $1 billion was exhausted in a matter of days, Congress appropriated another $2 billion, the balance of which ran out well short of the five month stimulus period. Per the legislation, all vehicles traded in were immediately made inoperable and junked, their engines frozen with sodium silica.

Not surprisingly, this interventionist program was a massive policy failure for several very predictable reasons.

First, no economy is made better off by destroying existing resources. Contrary to conventional myth, production of soon-to-be-destroyed-war-goods during World War II did not propel the United States out of the throes of the Great Depression — and neither did euthanizing 690,114 operational vehicles “jump start” the U.S. auto industry in 2009. Both endeavors merely redirected resources to manufacturing sectors out of touch with genuine consumer demand.

Bastiat’s “broken window fallacy” demonstrates how society is never made better off by destroying goods. In the case of the automobile market, instead of having hundreds of thousands of operational used cars with some market worth, we have government-engendered malinvestment in the production of new vehicles not genuinely demanded by consumers. The average age of a used light vehicle on the road today is 11.6 years, versus 10.5 in 2009. Does it make economic sense to call for cars more than a decade old to be destroyed today? My own household would lose two perfectly good vehicles and incur much higher new car and insurance payments.

Second, we have distortions in the market because we can’t know what Cash for Clunkers participants might have purchased (or not purchased) instead of new cars What about less affluent consumers who now face a significantly diminished supply curve (and thus higher prices) for a used vehicle because Cash for Clunkers reduced the supply of older, cheaper used cars(and total vehicles for sale, for that matter) by nearly 700,000 units? Did significant fuel savings and cleaner air result from the removal and destruction of these vehicles? Experts say no; people tend to drive older vehicles sparingly or very short distances. A reliable but inefficient old vehicle which gets someone back and forth to a job that is, say, three miles away, may very well make it possible for the owner to keep a job. Anecdotally, my father purchased a new full-sized pickup in 1982 which he drove sparingly for 5 years. I inherited it with only 26,000 miles from my mother in 2002, then sold it 15 years later with 52,000 miles.. On a good day with a heavy tailwind, the truck might have gotten about 13 miles per gallon on the highway. But when was it driven by either my father or me … when only a full sized pickup truck would suffice, such a vehicle often seemed invaluable.

Third, only the price mechanism can rationally allocate resources. Producers and consumers meet at a price; prices in turn signal the need for more or less investment in a particular good or service.

Nobody in Washington DC knows the right number of vehicles to have on American roads, the optimal ratio of new versus used vehicles, or the correct number of each type of vehicle. These choices are best made by consumers who know intimately their own personal needs and constraints. Stimulating new car sales with subsidies, as the Obama administration did 10 years ago, could only generate malinvestment. Not only were new car sales per capita trending down at the time the CARS program, they had been trending down since 1975. Markets reflected genuine consumer preferences; DC reflected a political preference for auto makers and lenders.

The one recent exception to that forty-year downtrend of fewer new car sales per capita was the post-recession sales increase that occurred between 2009 and 2015. While some of this increase is attributable to drivers who weathered the recession but could no longer make do with older cars, the temporary increase in auto sales following the Cash for Clunkers “stimulus” did little more than the mimic the rise in the general overall consumer spending during that same, post-2009 time period.

Also contributing to the post-recession increase in auto sales was an increase in the number of households over that same period of time. While the number of autos per U.S. household actually trended down slightly from 2.05 autos per household in 2008 to roughly 1.95 in 2018, the number of total households increased over that same period — and at a significantly greater rate than the number of vehicles per household went down, accounting for more total cars in use. Demographics and consumer preferences, not Cash for Clunkers, created the post-recession spike in new car sales.

Since 2016, however, sales have dropped off. This is what we would expect given higher interest rates, higher auto prices, increased telecommuting, and riedesharing programs like Uber. Millennials, already strapped with college debt, appear less interested in new car ownership than their Baby Boomer parents.

And perhaps most of all, newer cars tend to be more reliable and longer-lasting. None of this bodes well for auto manufacturers.

The Cash for Clunkers program destroyed valuable resources, misallocated other resources, and made life difficult for cash-strapped drivers needing a low-priced car—not to mention mechanics and salvage yard operators who rely on clunkers for their livelihood. It, did nothing to rejuvenate the new car manufacturing industry. Before the next round of intervention we would be wise to reflect on Bastiat and learn the harsh lesson of Cash for Clunkers.



Policies pushed by far-leftist Democrats will literally end the national sovereignty of the USA.

Source: InfoWars

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FILE PHOTO: Customers shop in a Sainsbury's store in Redhill
FILE PHOTO: Customers shop in a Sainsbury’s store in Redhill, Britain, March 27, 2018. REUTERS/Peter Nicholls/File Photo

April 26, 2019

By James Davey

LONDON (Reuters) – With Sainsbury’s dream of creating Britain’s biggest supermarket group in tatters, its chastened CEO Mike Coupe needs to reassure investors he has the plan to arrest a sales decline when he presents annual results next week.

Britain’s competition regulator blocked Sainsbury’s 7.3 billion pound ($9.4 billion) takeover of Walmart’s Asda on Thursday, saying the deal would increase prices. Sainsbury’s shares fell 5 percent and are down 22 percent over the last three months.

For Sainsbury’s fourth quarter to March 9 analysts are on average forecasting a 1.6 percent fall in like-for-like sales, which would follow 1.1 percent decline over the Christmas period.

Monthly industry data from researcher Kantar has also shown Sainsbury’s as the weakest performer of the big four grocers this year and this month it lost its status as Britain’s No. 2 supermarket group by market share to Asda.

While Sainsbury’s has struggled, market leader Tesco has gained momentum, this month reporting a 34 percent jump in full year profit.

Prohibition of the deal was a major blow to Coupe, its architect and Sainsbury’s boss since 2014.

Martin Scicluna became Sainsbury’s chairman last month and when bedded-in may decide that if the group needs a major shake-up it is best carried out by a new leader.

Much will depend on the attitude of 22 percent shareholder the Qatar Investment Authority, which has so far declined to comment, as well as Coupe’s own appetite to continue after 15 years at the group.

THE RIGHT STRATEGY?

Coupe said on Thursday he was confident Sainsbury’s was pursuing the right strategy.

That was a clear indication that Wednesday’s results statement will not include radical changes to the group’s plans, such as a big margin reset — sacrificing profit to drive sales.

However, sources connected to Sainsbury’s said Coupe would likely acknowledge that more needs to be done on prices, so the supermarket business can better compete with its big four rivals – Tesco, Asda and No. 4 Morrisons – as well as German-owned discounters Aldi and Lidl.

Coupe’s strategy is based on differentiating Sainsbury’s food offer, growing its general merchandise, clothing business and bank, while investing in convenience and online channels.

Some analysts believe major change is needed.

HSBC analyst David McCarthy reckons Sainsbury’s needs a margin reset, should allocate more space for core lines and needs to drive better store standards. He said Sainsbury’s might consider closing down space in some of its larger stores and reducing its non-food offer.

For the full 2018-19 year analysts are on average forecasting a pretax profit of 626 million pounds, up from 589 million pounds in 2017-18 – a second straight year of profit growth. A full year dividend of 10.5 pence per share is forecast versus 10.2 pence last time.

Bank and lawyer fees related to the proposed combination with Asda were 17 million pounds in the first half and have reportedly jumped to around 50 million pounds.

(Reporting by James Davey; Editing by Keith Weir)

Source: OANN

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FILE PHOTO: FILE PHOTO: A Canadian dollar coin commonly known as the
FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, Ontario, Canada, January 23, 2015. REUTERS/Mark Blinch/File Photo/File Photo

April 26, 2019

OTTAWA (Reuters) – Canada posted a budget surplus in the first 11 months of the 2018/19 fiscal year compared to a deficit the year earlier as revenues increased mostly on higher tax incomes, the finance department said on Friday.

The surplus for April-February was C$3.1 billion, compared to a deficit of C$6 billion in the same 2017/18 period. Revenues climbed by 8.5 percent, mainly due to higher tax receipts, while program expenses rose by 4.8 percent.

The surplus for February was C$4.3 billion compared with C$2.8 billion in February 2018. Revenues jumped by 12.2 percent while program expenses posted a more modest 6.9 percent gain.

Last month, the Liberals unveiled their new budget, projecting a C$14.9 billion deficit in 2018/19, with the deficit rising to C$19.8 billion in fiscal 2019/20.

(Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama)

Source: OANN

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President Trump said Friday he would beat Joe Biden “easily” in the 2020 presidential election, suggesting the former vice president could not have enough “energy” to hold the post—taking an apparent swipe at his age.

The president, departing the White House, was asked about Biden’s entrance into the Democratic primary field. Biden announced his presidential bid early Thursday morning, marking his third attempt at the White House.

JOE BIDEN OFFICIALLY LAUNCHES 2020 PRESIDENTIAL BID

“I think we’d beat him easily,” Trump told reporters Friday.

Trump, 72, said he feels “young” and is ready for 2020, and another term for his administration.

“I feel like a young man. I am a young, vibrant man,” Trump said. “I look at Joe, I don’t know about him.”

The president’s comments seemingly were a shot at the age of Biden, who is 76.

BIDEN ENTERS WHITE HOUSE RACE WITHOUT OBAMA’S ENDORSEMENT

“I would never say anyone’s too old,” Trump said. “I know they’re all making me look very young both in terms of age and in terms of energy.”

Biden became the 20th candidate to join the crowded Democratic primary field Thursday. But Biden is not the oldest in the pack. Sen. Bernie Sanders, I-Vt., is 77 and Sen. Elizabeth Warren, D-Mass., is 69.

Should Trump be re-elected, he would be 74 on Jan. 20, 2021—Inauguration Day. Should the presidency go to one of the elder Democrats in the field—Biden would be 78; Sanders would be 79; and Warren would be 71.

Meanwhile, in a wide-ranging interview on “Hannity” Thursday night, Trump dismissed Biden’s candidacy, nicknaming him “Sleepy Joe,” and saying he’s “not the brightest bulb.” Trump also said that while the former vice president has name recognition, he won’t “be able to do the job.”

Source: Fox News Politics

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Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas
Venezuela’s Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela April 8, 2019. REUTERS/Manaure Quintero

April 26, 2019

WASHINGTON (Reuters) – The U.S. Treasury Department on Friday imposed sanctions on Venezuela’s foreign minister and a Venezuelan judge, according to a statement on the department’s website.

Foreign Minister Jorge Arreaza and a judge, Carol Padilla, were targeted over the ongoing crisis in Venezuela, the Treasury Department said, the latest in a list of officials blacklisted by U.S. authorities for their role in President Nicolas Maduro’s government.

(Reporting by Susan Heavey, Makini Brice and Lesley Wroughton; Editing by Chizu Nomiyama)

Source: OANN

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Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

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