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Thousands of protesters back in Algeria’s streets, demanding radical reform

Students take part in a protest seeking the departure of the ruling elite in Algiers
FILE PHOTO: Students take part in a protest seeking the departure of the ruling elite in Algiers, Algeria April 16, 2019. REUTERS/Ramzi Boudina

April 19, 2019

ALGIERS (Reuters) – – Thousands of demonstrators returned to Algeria’s streets on Friday to press demands for wholesale democratic change well beyond former president Abdelaziz Bouteflika’s resignation after six weeks of mass protests, witnesses said.

Parliament named an interim president and a July 4 election date was set in a transition the powerful military endorsed. But Bouteflika’s April 2 exit failed to placate many Algerians who want to topple the entire, largely elderly elite that have dominated the country since independence from France in 1962.

Thousands of protesters gathered anew in city centers around Algeria demanding root-and-branch reforms – including political pluralism and crackdowns on corruption and cronyism, witnesses said, and more were expected after Friday prayers.

On Tuesday, army chief said Lieutenant-General Ahmed Gaed Salah said the military was considering all options to resolve the national political crisis and warned “time is running out”.

It was a hint that the military was losing patience with the popular upheaval shaking Algeria, a major oil and natural-gas exporter and a key security partner for the West against Islamist militants in north and west Africa.

Salah did not specify what measures the army could take but added: “We have no ambition but to protect our nation.”

The army has so far patiently monitored the mostly peaceful protests that at times swelled to hundreds of thousands of people. It remains the most powerful institution in Algeria, having swayed politics from the shadows for decades.

Protesters want a clean break with “le pouvoir”, or secretive establishment – veterans of the war of independence against France, the ruling National Liberation Front (FLN) party and associated oligarchs – and sweeping reforms.

(Reporting by Lamine Chikhi and Hamid Pulf Ahmed; Writing by Ulf Laessing; Editing by Mark Heinrich)

Source: OANN

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House Democrats demand documents on Trump administration’s ‘bizarre and unlawful’ proposal to release migrants in sanctuary cities

House Democrats on Monday blasted the Trump administration over its “bizarre and unlawful” proposal to release immigrant detainees into sanctuary cities, and demanded documents from the White House and the Department of Homeland Security related to the floated policy.

The Democrats also claimed that if it were enacted, it would be solely for “political purposes.”

House Judiciary Committee Chairman Jerrold Nadler, D-N.Y.; House Oversight Committee Chairman Elijah Cummings, D-Md.; and House Homeland Security Chairman Bennie Thompson, D-Miss., penned a letter to DHS and the White House Monday requesting emails, and other communications between administration officials related to the proposal.

TRUMP DOUBLES DOWN ON PLAN TO SHIP MIGRANTS TO SANCTUARY CITIES, SAYS 'RADICAL LEFT' SHOULD BE HAPPY

“We are deeply troubled by multiple reports, recently confirmed by the President, that the Trump Administration is considering releasing detained immigrants into congressional districts represented by Democrats in a bizarre and unlawful attempt to score political points,” the chairmen wrote.

“Not only does the Administration lack the legal authority to transfer detainees in this manner, it is shocking that the President and senior Administration officials are even considering manipulating release decisions for purely political reasons,” they continued.

The chairmen requested communications, emails, and other documents related to the transfer or release of immigrant detainees to specific areas in the U.S.; between DHS officials and Immigration and Customs Enforcement (ICE) officials, and any other materials related to the proposed policy.

The letter comes after President Trump responded to a Washington Post report last week, all but confirming that the administration proposed releasing detained immigrants in sanctuary cities. The president said that relocating illegal immigrants to these districts should make the “Radical Left” happy.

His comments came after The Post reported that the White House proposed sending the detainees to sanctuary cities twice in the last six months. The proposal was first floated in November amid reports of a large migrant caravan from Central America making its way to the southern border. The idea was again considered in February, amid the standoff with Congress over a border wall.

The Post said the plan was shot down both times, but last week, Trump signaled the proposal isn’t dead.

“Due to the fact that Democrats are unwilling to change our very dangerous immigration laws, we are indeed, as reported, giving strong considerations to placing Illegal Immigrants in Sanctuary Cities only,” Trump tweeted last week. “The Radical Left always seems to have an Open Borders, Open Arms policy—so this should make them very happy!”

Trump repeated the remarks later at the White House: "We can give them an unlimited supply...let’s see if they have open arms."

The president doubled down as Democrats fumed over the relocation idea.

“The extent of this Administration’s cynicism and cruelty cannot be overstated,” House Speaker Nancy Pelosi’s spokeswoman Ashley Etienne said in a statement Friday. “Using human beings—including little children—as pawns in their warped game to perpetuate fear and demonize immigrants is despicable, and in some cases, criminal.”

She added: “The American people have resoundingly rejected this Administration’s toxic anti-immigrant policies, and Democrats will continue to advance immigration policies that keep us safe and honor our values.”

PELOSI FUMES OVER WHITE HOUSE PLAN TO RELEASE IMMIGRANT DETAINEES IN SANCTUARY CITIES

Pelosi’s district—San Francisco—was among the sanctuary cities to which the administration considered sending detainees.

White House officials, though, stressed earlier Friday that the plan never went anywhere. A source familiar with discussions told Fox News that Democrats who advocate leniency toward illegal immigrants should work with the administration to find ways to transport those set for release, including in their states and districts.

The proposal was apparently rejected both times it came up by administration immigration agencies.

It is unclear, at this point, whether immigration agencies would now support the proposal.

Trump has repeatedly blasted sanctuary cities, which are areas where local authorities refuse to cooperate with federal immigration agencies. The cities are typically run by Democrats.

The president was also hit last week with questions over the administration’s past family separation policy at the border. Trump said they have no plans to revive the policy, amid renewed speculation about whether the practice could return amid a shake-up in staffing at the Department of Homeland Security, including the resignation of Secretary Kirstjen Nielsen.

WHITE HOUSE PROPOSED RELEASING IMMIGRANT DETAINEES INTO 'SANCTUARY CITIES' TO TARGET POLITICAL FOES: REPORT

Kevin McAleenan, who was serving as CBP commissioner, is replacing her as acting secretary.

Nielsen’s resignation last Sunday came amid an influx of migrants at the U.S.-Mexico border. Nielsen was reportedly frustrated with the difficulty of getting other departments to help deal with the growing number of families crossing the border. But administration officials told Fox News that McAleenan best fits Trump’s requirement of being the “toughest cop” on the frontier and that Nielsen had been viewed as resistant to some of the immigration measures pushed by the president and his aides.

By last Tuesday, DHS Acting Deputy Secretary Claire Grady also resigned.

And last Wednesday, Nielsen announced that ICE Acting Director Ron Vitiello would be stepping down by the end of the week.

Fox News' Kristin Brown, Matt Leach, and The Associated Press contributed to this report. 

Source: Fox News Politics

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Democrats Tell Protesters Full Mueller Report Will Reveal if Trump Has ‘Abused His Office’

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Source: InfoWars

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Ethiopian Airlines defends its Boeing planes after deadly crash

FILE PHOTO: Candle flames burn during a commemoration ceremony for the victims at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town Bishoftu
FILE PHOTO: Candle flames burn during a commemoration ceremony for the victims at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town Bishoftu, near Addis Ababa, Ethiopia March 14, 2019. REUTERS/Tiksa Negeri/File Photo

March 24, 2019

By Jason Neely

ADDIS ABABA (Reuters) – The chief executive of Ethiopian Airlines has rejected media reports that optional equipment for Boeing 737 MAX planes was critical for safety aboard a flight that crashed this month.

The crash of flight 302 and a similar one involving Indonesia’s Lion Air in October, both flying the new 737 MAX 8, have cost 346 lives and sparked the biggest crisis in decades for Boeing.

Grieving families, nervous travelers and airlines around the world are looking for answers while Boeing prepares updates aimed at getting the 737 MAX, with sales worth $500 billion at stake, back in the air.

In a sign of the impact on Boeing’s business, Indonesia’s Garuda is pushing to dump a $6 billion order for the grounded planes.

Teams from the three U.S. airlines that own 737 MAX jets were also heading to Boeing’s factory in Renton, Washington over the weekend to review a software upgrade.

One focus for investigators is software Boeing installed on the MAX series designed to push a plane’s nose down if it senses too sharp an ascent and an indicator that shows that angle of flight.

OPTIONAL ITEMS

Ethiopian Airlines CEO Tewolde Gebremariam said it was important not to confuse safety-critical equipment with optional items.

“A Toyota is imported with all the necessary equipment to drive, like the engine and the wheels, but with air conditioning and the radio optional,” Tewolde said.

“When Boeing supplies aircraft there are items which are mandatory for safety and then there are optional items,” he added, noting the angle of attack indicator was optional.

Some media reports have questioned whether having this installed may have helped the cockpit crew regain control of flight 302, which crashed near Addis Ababa on March 10 killing all 157 aboard.

Tewolde rejected this, adding: “The angle of attack indicator was on the optional list along with the inflight entertainment system.”

He echoed the words of Norwegian Air which said it had not selected the cockpit light warning of discrepancies between angle of attack sensors for its fleet of 18 MAX 8 aircraft.

“We have chosen not to fit this particular optional extra …it is not a safety critical feature nor is it a requirement by any aviation authority,” Norwegian told Reuters.

Ethiopian Airlines is Africa’s biggest airline with a modern fleet of Boeing, Airbus and Bombardier aircraft and a flying history that dates back to the 1940s.

They have been flying Boeing planes since 1962 and have four MAX 8 jets, with another 25 worth some $3 billion on order.

GARUDA

Garuda has written to Boeing asking to cancel its order for 49 737 MAX 8 planes, CFO Fuad Rizal said on Friday. CEO Ari Askhara told Reuters customers had lost trust in the plane.

The airline might switch to other Boeing models, Rizal told Reuters, adding it was in negotiations with Boeing while a move to Airbus planes was not under consideration. Garuda rival Lion Air is weighing what to do with an even bigger order following its crash, which killed all 189 passengers and crew aboard.

It has 190 Boeing jets worth $22 billion at list prices waiting to be delivered.

Boeing has said it is been working closely with the U.S. Federal Aviation Administration on a software upgrade and training set to be deployed across the 737 MAX fleet in the coming weeks.

The FAA which certifies planes expects to approve these design changes no later than April, it has said.

American Airlines pilots this weekend were preparing to test the planned software upgrade, saying they want their own safety guarantees on the fix.

Southwest and United Airlines said they would also review documentation and training associated with Boeing’s updates.

(Reporting by Jason Neely; additional reporting by Jamie Freed in Singapore, Cindy Silviana and Bernadette Christina Munthe in Jakarta, David Shepardson in Washington and Eric M. Johnson in Seattle; editing by Keith Weir)

Source: OANN

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Mueller investigated Sessions for perjury, found ‘insufficient’ evidence

Special Counsel Robert Mueller’s office investigated former Attorney General Jeff Sessions for possible perjury, but it found evidence was “insufficient” to prove that he was “willfully untruthful” in his answers.

Mueller’s report, a redacted version of which was released Thursday, said that it looked into Sessions’ interactions during the campaign with Russian Ambassador Sergey Kislyak. Kislyak and Sessions met during the Republican National Convention in July 2016 and in his Senate office in September.

TRUMP RAILS AGAINST ASSOCIATES WHO SPOKE TO MUELLER, CALLS CLAIMS 'TOTAL BULL---T'

“The office considered whether, in light of these interactions, Sessions committed perjury before, or made false statements to, Congress in connection with his confirmation,” the report said.

Sessions said in his Senate confirmation hearing in January 2017 that he “did not have communications with the Russians” in response to a question about Trump campaign communications with the Russian government.

He also followed up with written responses, answering “no” to a question that asked whether he had “been in contact with anyone connected to any part of the Russian government about the 2016 election, either before or after election day.”

In a March 2017 follow-up, after his interactions with Kislyak were reported by the media, Sessions said he did "not recall any discussions with the Russian Ambassador, or any other representatives of the Russian government, regarding the political campaign on these occasions or any other occasion."

The report says the investigation established that Sessions interacted with Kislyak and that the Russian mentioned the presidential campaign “on at least one occasion” but that “the evidence is not sufficient to prove that Sessions gave knowingly false answers to Russia-related questions in light of the wording and context of those questions.”

Mueller’s team says that the evidence “makes it plausible” that Sessions didn’t recall discussing the campaign with Kislyak, and his answer in his confirmation hearing was in response to a question about a an alleged continued exchange of information between the campaign and the Russian government.

“Sessions later explained to the Senate and to the Office that he understood the question as narrowly calling for disclosure of interactions with Russians that involved the exchange of campaign information, as distinguished from more routine contacts with Russian nationals,” the report says. “Given the context in which the question was asked, that understanding is plausible.”

NEWT GINGRICH: CAUGHT UP IN THE MUELLER MEDIA MADNESS

As a result, Mueller's office concluded that “the evidence was insufficient to prove that Sessions was willfully untruthful in his answers and thus insufficient to obtain or sustain a conviction for perjury or false statements.”

Sessions’ personal lawyer said in March last year that Sessions was not not the subject of a federal criminal investigation for alleged perjury.

ABC News reported that former FBI Deputy Director Andrew McCabe had overseen an investigation into whether Sessions "lacked candor" when he testified before Congress about contacts with Russian operatives during the 2016 presidential campaign.

"The Special Counsel‘s Office has informed me that after interviewing the Attorney General and conducting additional investigation, the Attorney General is not under investigation for false statements or perjury in his confirmation hearing testimony and related written submissions to Congress," attorney Chuck Cooper said in a statement.

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Sessions announced in 2017 that he would recuse himself from overseeing any FBI probe into alleged ties between the Trump campaign and Russian officials -- placing Deputy Attorney General Rod Rosenstein in charge of overseeing the probe.

Sessions resigned in November 2018 and was subsequently replaced by current Attorney General William Barr.

Fox News’ Jake Gibson contributed to this report.

Source: Fox News Politics

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Euro zone investor morale rises in April on China hopes

The financial district is photographed on early evening in Frankfurt
The financial district is photographed on early evening in Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach

April 8, 2019

BERLIN (Reuters) – Investor morale in the euro zone improved in April to hit its highest level since November, helped by signs of an upswing in China, a survey showed on Monday.

The Sentix research group said its investor sentiment index for the euro zone rose to -0.3 from -2.2 in March. Analysts had expected a reading of -2.1.

A sub-index of expectations improved for the straight third month, reaching -4.3, its highest level since May last year. However, the current situation weakened for the eighth month in a row, slumping to 3.8, its weakest level since February 2015.

The economic situation in the euro zone remains fragile, said Sentix, but with expectations rising, the momentum of the decline is slowing.

“With the exception of the tiresome Brexit discussion, the fact that this is being achieved seems to lie less in the hands of the Europeans themselves than in the further development of the two economic heavyweights China and the USA,” said Sentix Managing Director Manfred Huebner.

The impact of credit expansion measures taken by the Chinese government were already being seen, he said, adding: “It is the conclusion of the negotiations in the trade dispute with the USA that should set further impulses.”

A separate index measuring investor morale in Germany fell to 2.1, its lowest level since August 2012. Expectations for Germany rose for the third straight month to -6.0.

A sub-index measuring current conditions fell for the sixth month to 10.5 – a development that Huebner described as worrying.

“It would be positive if Germany did not rely on China and the USA alone but sought to make its own contribution to economic stabilisation.”

Sentix surveyed 936 investors from April 4 to 8.

(Reporting by Madeline Chambers; Editing by Michelle Martin)

Source: OANN

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Trump Jr. calls mainstream media ‘a blight on our republic’

President Trump’s son echoed his father’s frequent criticism of the press on Sunday, calling the media “a blight on our republic” in the wake of the conclusion of Special Counsel Robert Mueller’s report on Russian interference into the 2016 election.

Speaking to Fox News’ Howard Kurtz on “Media Buzz,” Donald Trump Jr. said that while some journalists tried to be fair to his father, it has become “a business model” for media outlets to attack the current White House administration.

“I think there were some people that tried to actually be fair,” Trump Jr. said. “When they were actually fair you'd see the other side just try to just obliterate them… it became a business model for most media to attack Donald Trump and to buy into this narrative. And if you didn't, you upset a lot of people and risked your career, you risked other things.”

TRUMP PUSH TO INVALIDATE OBAMACARE SPARKED CLASH WITHIN ADMINISTRATION

Trump Jr. added that he believes mainstream media outlets have done “irreparable damage” to themselves with the coverage of the Mueller investigation, and the coverage of the Trump administration overall.

“They did a terrible disservice to this country, to journalism as a profession,” he said. “I think they've done irreparable damage to the faith that the average American is going to have in terms of mainstream journalism. I think it's a blight on our republic, on democracy, and on our Constitution that's not going to come undone very quickly.”

Trump Jr.’s comments come just days after his father unleashed some of his most withering criticisms of the media and a week after Attorney General William Barr released a four-page summary of Mueller’s report, in which he said the special counsel found no evidence of collusion between the Trump campaign and Russia.

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“The Fake News Media is going Crazy!” The president tweeted. “They are suffering a major “breakdown,” have ZERO credibility or respect, & must be thinking about going legit. I have learned to live with Fake News, which has never been more corrupt than it is right now. Someday, I will tell you the secret!”

During his interview on "Media Buzz," Trump Jr. admitted that his father’s tweets can sometimes be problematic for the White House agenda, but said that he, too, has sent out tweets that he now regrets.

Trump Jr. added: “I think there are times where that certainly happens. I mean I'm guilty of it myself.”

Source: Fox News Politics

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Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

Source: OANN

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2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

Source: OANN

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FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

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Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

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