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New York DA Knew Clinton Pal Epstein Was “Dangerous Pedophile” While Arguing For Leniency

Since the Miami Herald exposed the sweetheart deal given to billionaire sex offender Jeffrey Epstein, a wealthy financier who fraternized with Bill Clinton, Kevin Spacey, lawyer Alan Dershowitz and other famous and powerful people, his victims and their attorneys have renewed their push to have documents from the case that led to his 2008 conviction unsealed.

Now, the New York Post has obtained some of these documents after a lengthy court battle. And the revelations contained within were nothing short of shocking.

Ep

After Epstein was convicted by federal prosecutors in Florida for soliciting sex with an underage girl, the billionaire was forced to register as a sex offender in New York, where he owned a home on the Upper West Side.

But just as Alex Acosta, the US attorney responsible for overseeing the Epstein case (now Trump’s Secretary of Labor), negotiated an incredibly lenient punishment for Epstein (he spent a year in jail), the Manhattan DA’s office was also suspiciously accommodating. When he appeared for a hearing on his sex offender status, the DA was ready to assign him the lowest Sex Offender designation possible, despite possessing overwhelming evidence that he was a dangerous predator who merited the most restrictive penalties.

The DA’s office had been provided an assessment from the state that delved into the allegations against Epstein (allegations for which he escaped punishment) had sexual contact with “numerous” underage girls ranging from 14 to 17. The board assigned Epstein a score of 130 on its risk assessment scale, solidly above the 110 threshold to be categorized as a “level 3” offender.

In advance of the hearing, then-deputy chief of Sex Crimes, Jennifer Gaffney, had been given a confidential state assessment that deemed Epstein to be highly dangerous and likely to keep preying on young girls, the DA’s office admitted in its own appellate brief eight months after the hearing.


Norm Pattis joins Alex Jones live via Skype to talk about the hate crimes Candace Owens faced while she was seventeen, and still in high school, when he represented her as her lawyer and won the case.

The brief has been sealed since 2011, but The Post obtained it Thursday after suing to get it unsealed.

It describes a state assessment’s findings that Epstein should be monitored in New York as a level three offender —-reserved for the most dangerous.

In making its assessment, the NY state Board of Examiners of Sex Offenders evaluated the sworn, corroborated accounts of numerous young girls who had been lured into Epstein’s Palm Beach, Fla., compound in 2005 and 2006.

Girls aged 14 to 17 years old were recruited and paid $200 to $1,000 to give Epstein erotic massages that included sexual contact, intercourse and rape, Palm Beach cops found.

Epstein pleaded guilty in Palm Beach to abusing just one of these young victims, and was required to register as a sex offender in New York since he had an Upper East Side home.

Manhattan prosecutors were aware the state board had assigned Epstein a risk assessment of 130, a number that is “solidly above the 110 qualifying number for level three,” with “absolutely no basis for downward departure,” the brief notes.

Despite this findings, New York’s lead sex crimes prosecutor recommended that Epstein be given the lowest threat designation, which would see him avoid the sex offender registry.

Fortunately, a Manhattan Supreme Court Justice overruled the DA office’s decision, and Epstein was branded a level 3 offender, and remains on the sex offender registry to this day.

Nevertheless, Gaffney argued that he should be labeled a level one offender, the least restrictive, which would keep him off the online database.

Manhattan Supreme Court Justice Ruth Pickholz sided with the board and against Gaffney in designating Epstein a level three offender.

Epstein appealed, and the DA’s change-of-heart brief agreeing that Epstein deserved the highest level of monitoring was filed in opposition to that appeal.

The appellate division ultimately upheld that Epstein be monitored as a level three offender, and he remains on the registry.

A spokesman for DA Cyrus Vance Jr. insisted the attorney, who was recently embroiled in a scandal over his cozy relationship with Harvey Weinstein’s lawyer, even accepting campaign contributions from the man, said Vance was unaware of the hearing.

But it’s difficult to imagine that the “orgy island” billionaire was able to simply skate by on good looks and charm.

Source: InfoWars

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Passengers restrain woman who tried to open plane exit

Officials say fellow passengers restrained a woman after she allegedly tried to open an exit aboard a flight from Indianapolis to Detroit.

Detroit Metropolitan Airport spokeswoman Erica Donerson says the woman may have been suffering from a medical issue. Donerson says the woman was restrained until the plane safely landed about 6:45 p.m. Monday.

The woman was taken into custody by Wayne County Airport Authority police, but Donerson says a preliminary investigation suggests the woman didn't have criminal intent. Donerson says the FBI is investigating.

The incident occurred shortly after takeoff aboard Delta flight 5972. The flight was operated by Republic Airline.

Republic spokesman Jon Austin says the flight arrived ahead of schedule and that the airline is apologizing to affected passengers.

Source: Fox News National

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A look at Nigeria's top 2 presidential contenders

Africa's most populous country goes to the polls on Saturday to decide whether President Muhammadu Buhari deserves a second term. While more than 70 people are running to lead Nigeria, the close race comes down to Buhari and a billionaire former vice president, Atiku Abubakar.

Here is a look at the top candidates, who both come from the country's largely Muslim north and have chosen Christian running mates from the other traditional power bases, the southeast and southwest.

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PRESIDENT MUHAMMADU BUHARI

The 76-year-old former military dictator who ruled in the mid-1980s now says he regrets his ruthless past. Many Nigerians, remembering his reputation for sometimes harsh discipline, cheered when he unseated incumbent President Goodluck Johnathan in 2015, hoping Buhari would follow up on his vows to tame widespread corruption and defeat a deadly Boko Haram extremist insurgency.

But his term has been difficult. Nigeria's heavily oil-dependent economy, the largest in Africa, fell into a rare recession when global crude prices crashed. The recession is over but growth remains slow, and while Buhari points to progress in agriculture and infrastructure, many people grumble that both prices and unemployment are painfully high.

Meanwhile, while the military under Buhari has pushed Boko Haram from many communities in the northeast, a new faction pledging allegiance to the Islamic State group has made a deadly resurgence in recent months, displacing tens of thousands of people in one of the world's most dire humanitarian crises.

The president spent more than 150 days of his term outside the country for medical treatment, and questions about his health remain as he keeps public appearances brief. "I feel he is not fully OK. He should go and rest," said Anna Eguaoje, a businesswoman in Kano. "The other one is old too, but more energetic," said Caroline Inyanda, an airport worker in the same city.

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ATIKU ABUBAKAR

The 72-year-old rose from a tax officer to become Nigeria's vice president between 1999 and 2007, a period in which he was targeted with corruption allegations that have never faded.

After a childhood in which he defied his father to pursue an education, Abubakar discovered his entrepreneurial side and moved from the customs service into a life of business and politics. He points to his business empire, claiming some 50,000 employees, as evidence of the wealth he hopes to bring to fellow Nigerians.

Widely known as Atiku, he has said he wants to create 2.5 million jobs annually and lift at least 50 million people from poverty. Privatizing Nigeria's state oil company is one of his goals.

But one analyst noted that a privatization program mainly supervised by Atiku while vice president was a failure. "Most of the privatized assets are still relying on the Nigerian government for bailouts, especially the power sector," said Sylvester Odion-Akhaine, a political science lecturer at Lagos State University.

Saturday is Abubakar's fifth run at the presidency. Last year he jumped from the ruling party to the opposition People's Democratic Party to take on Buhari, part of a wave of recent high-profile defections.

Let's try someone new, many frustrated Nigerians say.

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Olukoya reported from Lagos, Nigeria.

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Follow Africa news at https://twitter.com/AP_Africa

Source: Fox News World

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Neutrons used to examine priceless Harvard gold specimen

Scientists at a premier U.S. laboratory have helped to unravel some of the mysteries about a rare gold specimen discovered at a Colorado mine more than 130 years ago.

Officials at Harvard University's mineral museum were anxious for Los Alamos National Laboratory's assistance in understanding more about the structure of the specimen of wire gold, which looks as if it were formed by twisting together a bunch of thin strands of gold.

The 263-gram specimen is named the Ram's Horn, and Harvard officials have said it is the finest known example of its kind.

No scientific studies previously had been published on the internal nature of the specimen. Its density rendered low-energy X-rays and other diagnostics ineffective, and scientists were prevented from using invasive methods like slicing into the specimen because that would have damaged it.

That's where the half-mile-long (0.8-kilometer-long) particle accelerator at Los Alamos came in. Scientists used neutrons provided by the machine to examine the sample's texture and crystalline structure.

They determined it's very different from more commonly found wire silver, in which a single wire can be made up of hundreds to thousands of crystals.

"The gold appears to be composed of only a few single crystals," said John Rakovan, a professor at Miami University in Ohio who was involved in the work. "Furthermore, we discovered that these samples are not pure gold, but rather gold-silver alloys with as much as 30 percent silver substituting for gold in the atomic structure."

The study's results could have implications for scientists who are trying to understand the geochemical processes at play in the formation of gold deposits, according to the lab.

The Ram's Horn will go on display as the centerpiece of an exhibit at the Harvard Museum of Natural History in 2020. The show called "The Rare and the Beautiful" will highlight aspects that make objects valuable and how humanity's appreciation for beauty, rarity and culture has shaped those values.

The 4.7-inch-tall (12-centimeter-tall) specimen is normally kept in a bank vault out of sight.

Last fall, it was hand-delivered to New Mexico so the scientists could do their work using the accelerator. It had to be insured while at the lab, but Harvard has declined to say how much the piece is worth.

Harvard began collecting mineral specimens in the 1850s to better understand their crystalline structure. The Ram's Horn was bequeathed to the university in 1947 as part of the collection of A.C. Burrage, a Harvard-educated attorney and businessman who was in the copper industry.

The specimen was found in 1887 at the Ground Hog Mine in Red Cliff, Colorado.

Raquel Alonso-Perez, curator at the Mineralogical and Geological Museum at Harvard, pointed to an 1893 newspaper article about the specimen's discovery and said even then the spirals of gold were considered unique.

Sven Vogel, a physicist at Los Alamos's neutron science center, said pulses of neutrons from the accelerator usually are used to characterize materials that are relevant to the lab's mission, such as uranium alloys or nuclear fuels.

"These academic collaborations really push the envelope for us," he said. "And of course, it's a lot of fun too to apply these methods and help the universities to gain insight that otherwise they would have no chance to gain."

Source: Fox News National

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Woman who shoved friend off bridge gets jail, work crew

A woman who pleaded guilty to pushing her 16-year-old friend from a bridge at a popular swimming area near Vancouver has been sentenced to two days in jail and 38 days on a county work crew.

The Columbian reports Clark County District Court Judge Darvin Zimmerman sentenced 19-year-old Tay'lor Smith Wednesday.

Prosecutors had recommended a sentence with no jail time. Smith pleaded guilty earlier this month to misdemeanor reckless endangerment.

Smith pushed Jordan Holgerson off the bridge Aug. 7 at Moulton Falls northeast of Vancouver.

Video posted on YouTube that went viral shows Holgerson being pushed.

Holgerson broke ribs and punctured her lungs in a fall of over 50 feet (15 meters). Holgerson says she's dealt with anxiety and panic attacks since the incident.

In an interview on "Good Morning America" Smith said she didn't consider the repercussions.

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Information from: The Columbian, http://www.columbian.com

Source: Fox News National

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The Hill-HarrisX Poll: Majority Trust Mueller, Dems in Trump Probes

A new survey found that the majority of Americans trust Congressional Democrats and special counsel Robert Mueller investigating President Donald Trump and his administration.

Key figures in the poll from The Hill and HarrisX:

  • 19 percent trust Mueller, who is leading the Department of Justice probe into Russian collusion.
  • 10 percent trust Congressional Democrats, who have launched a wide-ranging investigation into Trump's background.
  • 28 percent trust both.
  • A combined 57 percent trust either Mueller, Democrats, or both.
  • 43 percent trust neither of the aforementioned parties, including 67 percent of Republicans and 15 percent of Democrats surveyed.

"I think that a lot of Americans out there just don't care that much about these investigations," Cato Institute director of polling Emily Ekins told Hill.TV. "Now, if the investigation uncovered something real and concrete and clear, that would absolutely make a difference, including for a certain set of pivotal voters in Trump's coalition."

The findings are in contrast to another poll from USA Today and Suffolk University, which found that 50.3 percent of those polled agreed with Trump that Mueller's investigation is a "witch hunt."

Source: NewsMax Politics

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Motor racing: Vettel seeks Ferrari boost in Bahrain

Formula One - Australian Grand Prix
Formula One F1 - Australian Grand Prix - Melbourne Grand Prix Circuit, Melbourne, Australia - March 14, 2019 Ferrari's Sebastian Vettel poses for a photo REUTERS/Edgar Su

March 27, 2019

By Abhishek Takle

MANAMA (Reuters) – Sebastian Vettel will be aiming for his third successive Bahrain Grand Prix win on Sunday as Ferrari seek to show their lack of pace in Formula One’s Australian season opener was a one-off.

Tipped as pre-season favorites, the German and new team mate Charles Leclerc finished fourth and fifth in Melbourne, nearly a minute behind the dominant race-winning Mercedes of Valtteri Bottas.

Albert Park can be seen as something of an outlier but Ferrari hope the more traditional layout of Bahrain’s 5.4-km Sakhir desert track will allow them to unlock the full potential of the SF90 car.

The most successful team in Bahrain, with six wins overall, can draw encouragement from last year when Mercedes were faster in Australia only for Ferrari to turn the tables with a front-row lockout and victory for Vettel.

That also started a streak of three straight pole positions for the German.

“In Bahrain, we expect to see the effect of the corrections we have made …,” said principal Mattia Binotto, who replaced Maurizio Arrivabene at the helm before the start of the season.

“We are well aware that our competitors will once again be very strong. With that in mind, we are keen to get back on track and face up to them.”

Bottas, having driven what he described as the race of his life in Australia to finish more than 20 seconds ahead of team mate Lewis Hamilton in second place, will be keen to serve up a thriller under the floodlights.

Having come within a second of snatching victory from Vettel last year, Bottas has some unfinished business on Sunday while Hamilton, who has taken two of Mercedes’ three wins in Bahrain, will be keen to reassert his supremacy.

Mercedes team boss Toto Wolff said nothing was won or lost at Albert Park.

“Whatever the Melbourne result says, our mindset hasn’t changed since then,” he said.

“We’ve seen the potential of Ferrari’s package in Barcelona (testing), so we expect them to come back strong in Bahrain, with Red Bull in the mix as well.”

Max Verstappen finished third for Red Bull in Australia, the Milton Keynes-based team’s first race with new engine partners Honda.

Frenchman Pierre Gasly, now driving alongside Verstappen, finished fourth for Honda-powered Toro Rosso in Bahrain last year and will be hoping to do even better on Sunday.

McLaren, which counts Bahrain’s Mumtalakat Holding Company among its major shareholders, will be looking for their first points after Lando Norris finished 12th and Carlos Sainz retired in Australia.

Bahrain will also mark the start of the Formula Two Championship with Mick Schumacher, son of seven-times Formula One champion Michael and nephew of Ralf, making his debut in the support category.

Schumacher, a part of Ferrari’s young driver academy, is also scheduled to take part in a post-race test with Ferrari and Alfa Romeo.

(Editing by Alan Baldwin/Peter Rutherford)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said trade talks with China are going very well, as the world’s two largest economies seek to end talks with a trade agreement to defuse tensions.

Trump said on Thursday he would soon host China’s President Xi Jinping at the White House.

Earlier this week, the White House said that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer would travel to Beijing for more talks on a trade dispute marked by tit-for-tat tariffs between the two countries.

(Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday praised Russian President Vladimir Putin’s comments on North Korea this week following the Russian leader’s summit with Pyongyang’s Kim Jong Un.

Speaking to reporters at the White House, Trump also said China was helping with efforts aimed at the denuclearization of North Korea.

(Reporting by Jeff Mason and Makini Brice; Writing by Susan Heavey; Editing by Chizu Nomiyama)

Source: OANN

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