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Japanese firms see flat business spending amid trade frictions, tax hike jitters

FILE PHOTO: Worker cycles near a factory at the Keihin industrial zone in Kawasaki
FILE PHOTO: A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan February 17, 2016. REUTERS/Toru Hanai/File Photo

February 19, 2019

By Tetsushi Kajimoto

TOKYO (Reuters) – Business investment in Japan has been a rare bright spot in the world’s third-largest economy but that may now be fading amid anxiety over an upcoming sales tax hike and global trade frictions, a Reuters monthly corporate survey showed.

Just over half, or 56 percent, predict domestic investment in factories and equipment will be flat in the next fiscal year that starts in April, while 30 percent project an increase and 14 percent a decline, the survey of more than 250 companies in Japan found.

The outlook for foreign capital expenditure was even less optimistic: two-thirds of firms expect that to remain unchanged while 19 percent see a rise and 15 percent a drop.

Figures out on Monday suggested a slump in demand may have already started. Overseas orders for Japanese machinery posted their biggest fall in more than a decade in December and manufacturers expect orders to sink further as trade friction weighs on global demand.

“We have no choice but to become cautious when we take into account the global slowdown,” a manager of a transport equipment manufacturer said in the survey. Respondents’ answers to questions and comments in the survey are anonymous.

“There’s growing uncertainty in our overseas outlook due to the U.S.-China trade war and Brexit,” a transportation firm manager wrote.

The darker outlook comes after upbeat results from the December “tankan” survey, which showed that major corporations plan to raise investment by an average 14.3 percent for this fiscal year, the highest since 1990, at the end of Japan’s Bubble Era.

Despite gloom surrounding the external environment, more than two-thirds of respondents want Japan’s proposed tax hike to 10 percent from 8 percent, scheduled for October, to go ahead, the survey showed.

“The sales tax must be raised this time. Japan’s public finances will collapse sooner or later, which would throw the economy into turmoil, if the current balance between revenue and expenditure is left unattended,” said an electric machinery maker manager.

Japan’s mounting public debt, at more than twice the size of its economy, is the industrial world’s heaviest.

Additionally, many firms expect to make investment in cutting-edge technologies such as artificial intelligence and the Internet of Things to expand. Popular investments include labor-saving efforts, boosting capacity and research and development, the Feb. 1-14 poll showed.

STAGNANT WAGES

Jitters over trade friction and the tax hike are also keeping a lid on wage gains.

Some 51 percent of companies polled expect wages to rise around 1.5-2 percent at annual spring wage talks between unions and companies. That’s lower than last year’s 2.07 percent average across all Japanese industries.

One-third of firms see wage hikes of under 1.5 percent and the remainder expect them to rise 2.1 percent or more.

Since taking office in late 2012, Prime Minister Shinzo Abe has been pushing companies to raise wages by around 2 percent to stimulate growth, and many companies have acquiesced.

Companies are wary of raising wages, even though many have been raking in hefty profits, because it commits them to higher fixed personnel costs at a time of uncertainty.

“Japanese firms are probably turning cautious about wage hikes out of fear that the U.S.-China trade friction may cause a deteriorating economic outlook,” a manager of a machinery maker wrote in the survey, compiled for Reuters by Nikkei Research.

“Even though the outlook is murky, we hope to raise wages to an extent that would help employees keep their living standards and cope with the October tax hike,” another machinery maker manager wrote.

BETTER WORKING CONDITIONS

Steps to improve working conditions will also be in focus during this year’s labor talks, as part of Abe’s reforms to curb Japan’s notoriously long work hours and narrow the pay and benefit gap between salaried employees and contract or part-time workers.

The survey showed that half of Japanese firms expect overall personnel costs to increase in the coming fiscal year as they seek to encourage flexible working schedules and develop talent. Some 45 percent see personnel costs unchanged, while 5 percent see lower costs.

“Personnel costs will rise as curbing working hours per employee will force us to hire more people,” a manager at an electrical machinery maker wrote.

Japan’s retirement age is also seen as an issue given the aging and declining population. Currently, many firms require full-time employees to retire at 60, with an option of five more years’ work for reduced pay and terms, however, the government is considering raising the age at which people would be eligible to receive pension benefits to 75 eventually.

When asked the age to which firms could raise their employees’ retirement, 89 percent chose 65, and the rest opted for 70.

(Reporting by Tetsushi Kajimoto; additional reporting by Izumi Nakagawa; Editing by Malcolm Foster and Sam Holmes)

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Ex-Watergate attorney: AG Barr will do ‘what the law requires’ on Mueller report

Former Watergate Assistant Special Prosecutor Jon Sale said Tuesday that Attorney General William Barr will do whatever “the law requires” to keep sensitive information private on the heels of Thursday’s Mueller report release.

“I think Barr will put his head down, do what the law requires. Grand jury material has to be redacted. Doesn't matter what anybody in the Congress says,” Sale said on “Your World with Neil Cavuto.”

TRUMP LEGAL TEAM PREPARES MUELLER COUNTER-REPORT ON OBSTRUCTION ALLEGATIONS

“But you anticipate as much as half of it? That seems like a lot but it could be,” Cavuto asked Sale.

“It's not a matter of quantity. The question is whether or not Mueller can actually tell his findings and Barr still do his job,” Sale responded.

Barr is set to hold a news conference Thursday morning, during which he'll discuss the long-awaited release of Special Counsel Robert Mueller’s report on his Russia election meddling inquiry, the Justice Department announced Wednesday.

Barr released a four-page summary last month, which stated that the special counsel found no proof of collusion between the Trump campaign and the Russian government during the 2016 presidential election.

Democrats have demanded the full, unredacted report and are expected to issue a subpoena.

Sale says the request is destined for the courts, and Barr is “duty-bound” to resist a subpoena and would not negotiate grand jury material.

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“There was a case decided one week ago in which the court of appeals in the District of Columbia held that the court does not have inherent authority in the public interests of whatever reasons to release grand jury material.”

Sale added, “So, I think people are just going to have to accept the court ruling.”

Fox News’ Paulina Dedaj contributed to this report.

Source: Fox News Politics

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Surveillance footage shows fake delivery man who shot woman with crossbow

Police in Canada have released surveillance video of a suspected hitman who posed as a delivery man and shot a woman in the chest with a crossbow concealed in a large box when she answered the door.

Peel Regional Police showed the footage Monday seeking leads in the unsolved five-month-old case.

“This was not a random act,” Supt. Heather Ramore said, according to CTVNews. “Comments that were made to the victim by the suspect indicate that the victim was targeted and that the suspect may have carried out the attack at the request of another individual.”

MICHIGAN MAN FINDS HIS TWIN FATALLY SHOT WITH CROSSBOW OUTSIDE HOME

BOW HUNTER'S 'DEER OF A LIFETIME' SETS NEW WORLD RECORD

Cops were called to the 44-year-old victim’s home in Mississauga around 8 p.m. on Nov. 7.

Police indicated that the woman is lucky to have survived.

"The arrow used in this incident is designed to hunt large game such as moose and deer and inflict the maximum amount of damage possible," police said in a news release.

A crossbow like this one was used by a suspect hitman posing as a delivery man in Canada. A woman was shot and is lucky to have survived, police said.

A crossbow like this one was used by a suspect hitman posing as a delivery man in Canada. A woman was shot and is lucky to have survived, police said. (Peel Regional Police)

The brief video clip shows the suspect holding the box in front of him as he stands at the door waiting for it to be opened.

The footage then shows the suspect running off as the front door slams shut.

Police appear to have edited the video to avoid showing the exact moment when the crossbow was fired.

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Police said the woman's assailant fled in a pickup.

Source: Fox News World

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U.N. nuclear watchdog could be in North Korea within weeks of a deal

The flag of the International Atomic Energy Agency (IAEA) flutters in front of their headquarters in Vienna
The flag of the International Atomic Energy Agency (IAEA) flutters in front of their headquarters in Vienna, Austria March 4, 2019. REUTERS/Leonhard Foeger

April 2, 2019

By Michelle Nichols

UNITED NATIONS (Reuters) – The United Nations atomic watchdog said on Tuesday that if a deal was reached with North Korea to give up its nuclear program then it would be ready to send in inspectors within weeks – if asked – to verify and monitor denuclearization.

International Atomic Energy Agency (IAEA) Director-General Yukiya Amano told the U.N. Security Council that the IAEA was the only international organization equipped to carry out the job “in an impartial, independent and objective manner.”

“Subject to the approval of our Board of Governors, we could respond within weeks to any request to send inspectors back to the DPRK,” he told the 15-member council during a meeting on the Non-Proliferation Treaty. The official name of North Korea is the Democratic People’s Republic of Korea.

U.S. President Donald Trump and North Korean leader Kim Jong Un have met twice in the past year to discuss denuclearization. North Korea is under tough U.N. Security Council sanctions that have been steadily tightened since 2006 to choke off funding for Pyongyang’s nuclear and ballistic missile programs.

Trump and Kim last met in Vietnam in February, but the summit was cut short after they failed to reach a deal on the extent of economic sanctions relief for North Korea in exchange for steps to give up its nuclear program.

On the day that their talks in Hanoi collapsed, Trump handed Kim a piece of paper that included a blunt call for the transfer of Pyongyang’s nuclear weapons and bomb fuel to the United States, according to the document seen by Reuters. [nL1N21G01V]

The Vienna-based International Atomic Energy Agency has not had access to North Korea since Pyongyang expelled its inspectors in 2009, and it now monitors the country’s nuclear activities mainly through satellite imagery.

Amano said that sending in IAEA inspectors “would help to make the implementation of any agreement sustainable.”

“It would also contribute to the denuclearization of the DPRK in a complete, verifiable and irreversible manner, as required by numerous resolutions of the Security Council,” he said.

The IAEA already monitors the implementation of a 2015 deal between Iran and world powers to curb its nuclear program. Trump withdrew the United States from the deal with Iran in May 2018.

“Our inspectors have had access to all the sites and locations in Iran which they needed to visit,” Amano said.

(Reporting by Michelle Nichols at the United Nations; Editing by James Dalgleish)

Source: OANN

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Democrats blink on immediate impeachment of Trump; Sanders favors letting Boston Marathon bomber vote

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Developing now, Tuesday, April 23, 2019

DEMS BLINK ON PURSUING TRUMP IMPEACHMENT -- FOR NOW: Leaders of the House Democrats backed off the idea of immediately launching impeachment proceedings against President Trump in an urgent conference call Monday evening amid a growing rift among the party's rank-and-file members, presidential contenders and committee chairs ... Fox News is told by two senior sources on the private conference call that even House Financial Services Committee Chair Maxine Waters, an anti-Trump firebrand, told fellow Democrats that while she personally favored going forward with impeachment proceedings, she was not pushing for other members to join her. House Speaker Nancy Pelosi, D-Calif., and her leadership team were clear there were no immediate plans to move forward with impeachment, Fox News is also told. Pelosi told fellow Democrats she favors more investigations of Trump to "save our democracy."

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POST-MUELLER INVESTIGATIONS: If Nancy Pelosi favors more investigations of Trump, she will not be disappointed ... House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., on Monday subpoenaed former White House counsel Don McGahn to testify publicly on May 21, following last week's release of Special Counsel Robert Mueller's report on the Russia investigation. Nadler described McGahn, who stepped down as White House counsel in October 2018, as "a critical witness to many of the alleged instances of obstruction of justice and other misconduct described in the Special Counsel's report." He has set a May 7 deadline for him to provide documents related to the Mueller investigation.

Meanwhile, lawyers for President Trump have sued to block a subpoena issued by members of Congress that sought the business magnate's financial records.

OFFICIALS REPEATEDLY WARNED ABOUT GROUP BEHIND SRI LANKA ATTACKS - The purported leader of an Islamic extremist group blamed for an Easter attack in Sri Lanka that killed over 300 people began posting videos online three years ago calling for non-Muslims to be "eliminated," faith leaders said Tuesday ... Much remained unclear about how a little-known group called National Thowfeek Jamaath carried out six large near-simultaneous suicide bombings striking churches and hotels. However, warnings about growing radicalism in this island nation off the coast of India date to at least 2007, while Muslim leaders say their repeated warnings about the group and its leader drew no visible reaction from officials responsible for public security. - Associated Press

BERNIE SAYS BOSTON MARATHON BOMBER SHOULD BE ALLOWED TO VOTE: 2020 presidential candidate Sen. Bernie Sanders on Monday defended his stance for granting voting rights to criminals in prison, including the Boston Marathon bomber and convicted sexual assaulters ... During a CNN town hall on Monday night, a student asked Sanders if his position would support “enfranchising people” like Boston Marathon bomber Dzhokhar Tsarnaev, who she noted is a “convicted terrorist and murderer,” as well as those “convicted of sexual assault,” whose votes could have a “direct impact on women’s rights.”

Sanders first responded by saying he wanted a “vibrant democracy” with “higher voter turnout” and blasted “cowardly Republican governors” who he said were “trying to suppress the vote.” The Vermont senator then argued that the Constitution says “everybody can vote” and that “some people in jail can vote.”

FILE - This combination file photo, shows Russian President Vladimir Putin, left, in St. Petersburg, Russia, April 9, 2019, and North Korean leader Kim Jong Un in Hanoi, Vietnam, on Feb. 28, 2019. When Kim meets with Putin for their first one-on-one meeting, he will have a long wish list and a strong desire to notch a win after the failure of his second summit with U.S. President Donald Trump in February 2019. (AP Photo/Dmitri Lovetsky, Evan Vucci, File)

FILE - This combination file photo, shows Russian President Vladimir Putin, left, in St. Petersburg, Russia, April 9, 2019, and North Korean leader Kim Jong Un in Hanoi, Vietnam, on Feb. 28, 2019. When Kim meets with Putin for their first one-on-one meeting, he will have a long wish list and a strong desire to notch a win after the failure of his second summit with U.S. President Donald Trump in February 2019. (AP Photo/Dmitri Lovetsky, Evan Vucci, File)

NORTH KOREA'S KIM, PUTIN TO MEET: North Korean leader Kim Jong Un will soon visit Russia to meet with President Vladimir Putin, the North’s state-run Korean Central News Agency confirmed Tuesday without releasing a set date or location for the meeting ... The meeting may give Kim more leeway in future negotiations with President Trump after their February summit in Vietnam broke down due to disagreement over ridding North Korea of its nuclear arsenal. The Kremlin announced last week that North Korea’s supreme leader will visit Russia “in the second half of April,” but did not elaborate further.

OLD TWEET HAUNTS ILHAN OMAR: A resurfaced tweet from Rep. Ilhan Omar saw the Minnesota Democrat claim U.S. forces killed “thousands” of Somalis during the 1993 “Black Hawk Down” mission -- despite multiple analysts concluding the number was much smaller ... In the October 2017 tweet discovered by journalist John Rossomando, Omar was responding to a Twitter user who'd highlighted that more than a dozen U.S. soldiers were killed and another 73 were wounded in the Battle of Mogadishu, saying it was the “worst terrorist attack in Somalia history.” Omar, a Somali refugee who was then a Minnesota state representative, refuted the tweet, insisting that “thousands” of Somalis were killed by American forces. The number of Somali casualties in the Battle of Mogadishu is widely disputed.

THE SOUNDBITE

OBSTRUCTION 'MOCKERY' - "We are supposed to believe now that Donald Trump committed repeated obstruction of justice over a crime that he now, as we all know, did not commit? He is trying to obstruct people from investigating something he said he didn't do and special counsel has confirmed he didn't do. It is ridiculous, it is a farce, it is making a mockery of America"– Piers Morgan, DailyMail.com editor-at-large on "Hannity," lambasting Democrats and the mainstream media for their reaction to the Mueller report's release. (Click the image above to watch the full video.)

TODAY'S MUST-READS
Klobuchar has 'please clap' moment, says CNN's Chris Cuomo 'creeping' over shoulder during town hall.
Washington Post faces backlash after Sri Lanka attacks for focus on 'far right.'
McConnell vows to be 'grim reaper' of socialist Dem proposals.

MINDING YOUR BUSINESS
Herman Cain withdraws from Fed seat consideration.
Elizabeth Warren wants to 'cancel' student debt for millions.
IRS audits may start to target more wealthy taxpayers.

STAY TUNED

On Fox News:

Fox & Friends, 6 a.m. ET: U.S. Sen. Mike Lee, R-Utah, on Democrats' push to investigate President Trump. Plus, Did the media fail to properly recognize that the bombings in Sri Lanka was an attack on Christians?

The Story with Martha MacCallum, 7 p.m. ET: An exclusive interview with talk radio icon Rush Limbaugh!

On Fox Business

Mornings with Maria, 6 a.m. ET: U.S. Sen. Cory Gardner, R-Colo.

Varney & Co., 9 a.m. ET: U.S. Sen. Mike Lee, R-Utah.

Countdown to the Closing Bell, 3 p.m. ET: Todd Krizelman, co-founder of TheGlobe.com.

Lou Dobbs Tonight, 7 p.m. ET: Kevin Hassett, chairman of the Council of Economic Advisers.

On Fox News Radio:

The Fox News Rundown podcast: "Social Security Funds to Run Out in 2035" - Social Security reserve funds are expected to run out by 2035, according to the latest Social Security and Medicare trustees report. Fox Business Network correspondent Edward Lawrence breaks down the report and what happens if Congress does not act fast to fix it. Federal benefits programs have become a main attraction for many immigrants entering the United States. Fox News correspondent William La Jeunesse explains the financial cost of immigration to our economy. Plus, commentary by Leslie Marshall, Democratic strategist and Fox News contributor .

Want the Fox News Rundown sent straight to your mobile device? Subscribe through Apple Podcasts, Google Play, and Stitcher.

The Brian Kilmeade Show, 9 a.m. ET: Mary Walter guest-hosts. Special guests include: Allen West, former Florida congressman, on the latest in the Sri Lanka terror attacks on Christians; Michael Goodwin, New York Post columnist, on why President Trump's best path forward is to ignore Democrats and focus on policy; Chris Stirewalt, Fox News digital politics editor, on the latest in the 2020 presidential race and more.

The Todd Starnes Show, Noon ET: Todd speaks with John Bursch, vice president and senior counsel at Alliance Defending Freedom about their latest case for religious freedom.

#TheFlashback
2005: YouTube uploads its first clip, "Me at the Zoo," which shows YouTube co-founder Jawed Karim standing in front of an elephant enclosure at the San Diego Zoo.
1995: Iconic sportscaster Howard Cosell dies in New York at age 77.
1971: Hundreds of Vietnam War veterans opposed to the conflict protest by tossing their medals and ribbons over a wire fence in front of the U.S. Capitol.

Fox News First is compiled by Fox News' Bryan Robinson. Thank you for joining us! Have a good day! We'll see you in your inbox first thing Wednesday morning.

Source: Fox News National

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India’s cricket World Cup star joins Modi’s party before election

FILE PHOTO: Cricket - India v New Zealand - Third Test cricket match
FILE PHOTO: Cricket - India v New Zealand - Third Test cricket match - Holkar Cricket Stadium, Indore, India - 08/10/2016. India's Gautam Gambhir walks off the field after his dismissal. REUTERS/Danish Siddiqui/File Photo

March 22, 2019

By Krishna N. Das

NEW DELHI (Reuters) – Former Indian cricketer Gautam Gambhir joined Prime Minister Narendra Modi’s ruling party on Friday, leaving a panel to decide whether to field him as a candidate in the cricket-crazy country’s upcoming general election.

With 9 million followers on Twitter, Gambhir could give Modi’s Bharatiya Janata Party (BJP) some extra pulling-power in the campaign for an election which will run from April 11 till May 23.

A top-order batsman from New Delhi, Gambhir played match-winning knocks in two cricket World Cup finals and also led his club team to two victories in the Indian Premier League.

“I am joining this party influenced by our prime minister, his vision,” Gambhir, 37, told reporters after being inducted into the party by Finance Minister Arun Jaitley.

“I’ve done whatever I could in cricket, and this is a fabulous platform for me to do something really good for this country and take this party forward and make this country a better place to live.”

Jaitley said the party’s election committee would decide if Gambhir will be nominated as a candidate.

Before Gambhir, fellow batsman Navjot Singh Sidhu was a lawmaker for the BJP until he jumped ship to join the main opposition Congress party in 2017.

The BJP has many other celebrities, mainly actors, in its ranks including cabinet minister Smriti Z. Irani, MP Kirron Kher and Delhi party chief Manoj Tiwari.

Pollsters say the Hindu nationalist BJP’s chances have risen sharply since tension with arch rival Pakistan shot up after a Pakistan-based Islamist militant group claimed a deadly attack on Indian paramilitary police in the disputed region of Kashmir last month.

Since the attack, Gambhir has urged India to forfeit matches against Pakistan in the next World Cup staring end-May.

(Reporting by Krishna N. Das; Editing by Simon Cameron-Moore)

Source: OANN

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Media Will Never Live Down Ignominy of Collusion Hoax

The left-wing media will never learn to tell the truth. That was reinforced when we learned that even though special counsel Robert Mueller's cleared President Trump of false claims against him, many in the media energetically spun the report in a way that perpetuated their anti-Trump narrative of…

Read Full Article »

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

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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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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