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Landslide at unlicensed Indonesia gold mine leaves 'as many as 60 people' buried: officials

Rescue efforts are reportedly underway in Indonesia after a landslide at an unlicensed gold mine left at least one person dead and as many as 60 people buried, officials said Wednesday.

The fatality was confirmed by the national disaster agency, which also said that more than a dozen other people were hurt during the landslide in the North Sulawesi province, according to The Associated Press.

FAT RAT STUCK IN SEWER SAVED AFTER NINE-PERSON RESCUE EFFORT IN GERMANY

Mining work was ongoing Tuesday evening local time when “suddenly the poles and supporting boards were broken due to the unstable condition of the soil and the large number of mining holes,” Sutopo Purwo Nugroho, a spokesman for national disaster mitigation agency BNPB, said, according to The Sydney Morning Herald.

Several people were feared to be covered by the rubble, according to the official.

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"It is estimated that as many as 60 people are buried under landslide and rock material at the location of the people's mining area," Nugroho said.

Dangerous informal mining operations are reportedly typical in the country.

The Associated Press contributed to this report.

Source: Fox News World

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Polls open for Thailand’s first election since 2014 military coup

A voter waits at a polling station to cast their vote in the general election in Bangkok
A voter waits at a polling station to cast their vote in the general election in Bangkok, Thailand, March 24, 2019. REUTERS/Soe Zeya Tun

March 24, 2019

JAKARTA (Reuters) – Polls opened on Sunday for Thailand’s first election since a 2014 military coup, a vote that is being seen as a contest between the country’s junta leader who wants to stay on as elected leader and a “democratic front” of anti-junta parties.

About 51.4 million people are eligible to vote in the election, which analysts say is likely to be inconclusive and could usher in a new phase of political instability.

More than 93,000 polling stations in 77 provinces will be open until 5 p.m. (1000 GMT). The election commission has said that the first unofficial results will be available three hours after voting ends.

(Reporting by John Chalmers; Editing by Sam Holmes)

Source: OANN

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Woman killed by Minneapolis officer ‘yearned to help people’

When Justine Ruszczyk Damond heard someone cry out in the alley behind her home in July 2017, she did what she had spent a lifetime doing: She immediately tried to help.

Damond called 911 not once but twice to report what she thought was a sexual assault. When officers arrived, she ran outside in her bare feet and pajamas, prosecutors say. Moments later, she lay dying of a gunshot fired by the officer who is now on trial in her death.

The 40-year-old life coach and yoga instructor with dual citizenship in the U.S. and Australia "yearned to help people," according to a $50 million lawsuit filed by her family. That lawsuit is on hold while former officer Mohamed Noor stands trial on murder and manslaughter charges.

Originally trained as a veterinary surgeon in Australia, Damond was known as an animal lover. To her friends' children, she was "Auntie Juzzy." She received a veterinary degree from the University of Sydney in 2002 but decided to pursue personal health as a career path, according to the lawsuit, which was filed a little over a year after her death.

Growing up, Damond said on a YouTube video , she saw addiction, depression and cancer in her family. That led to her interest in meditation and yoga. She taught meditation classes and before her death was preparing a curriculum for meditative training, the lawsuit said.

Her fiancé, Don Damond, recalled Tuesday on the witness stand how she put masking tape across the bottom half of a glass door at their Minneapolis home to prevent a rescue dog that "didn't understand what glass was" from crashing into it.

The dog traveled from half a world away to join the family. Justine Damond, who had already taken her fiance's last name professionally, had heard from friends that a woman in Egypt could no longer care for three of her dogs. So she rented a van, drove to Chicago, where the dogs had been flown, and returned with them to Minneapolis, where she cared for them until she could find them new homes, her fiance testified.

Video taken just weeks before her death shows her rescuing ducklings from a storm sewer, gathering up the tiny birds in her skirt and returning them to their mother.

Don Damond testified that he was on a business trip to Las Vagas the night of the shooting. The couple were set to be married a month later in Hawaii. Instead, hundreds of mourners attended a lakeside memorial service at the same time the family had planned to be on a plane to the wedding. An Australian flag was displayed prominently on stage next to her picture.

The couple met in 2012 while at a meditation seminar in Colorado. Don Damond testified that it was love at first sight. He said his bride-to-be "had a gift that people just wanted to be around her."

In January 2015, he proposed and she accepted. The couple originally planned to move to Australia, but Don Damond's son, Zach, was concerned about being half a world away from his father. Justine Damond agreed to move to the Fullton neighborhood of Minneapolis, a low-crime, middle-class area, according to the family's lawsuit.

Just before 11:30 p.m. on July 15, 2017, she called her fiance and described hearing "a woman in distress." She believed the screams were coming from the alley behind their neighbor's house. Don Damond suggested she call police. He said the couple had a sense they had called "the right people."

After she called 911, Don Damond said to himself, "All will be well."

More than eight minutes after her first 911 call, after seeing that no police had arrived, Justine Damond called again to make sure emergency dispatchers had her correct address. She also called her husband-to-be again and said she was still hearing the woman in distress. She then hung up, telling him, "OK, the police are here." It was the last time they spoke.

He has since sold the house, saying that it was "too painful" to stay there.

Prosecutors charge Noor acted recklessly when he fired one shot across his partner and through the open driver's side window of the police SUV, striking Damond in the abdomen and killing her. Defense attorneys argue Noor was defending himself and his partner and that the shooting was "a perfect storm with tragic consequences."

Noor's patrol partner, Matthew Harrity, said he heard a thump that startled him just before the shooting and that the officers "got spooked" when Justine Damond approached them. But prosecutor Patrick Lofton said in his opening statement that Harrity did not describe any noise while at the scene and only mentioned it for the first time days later to investigators. Lofton also said forensic evidence will show that Justine Damond did not touch the squad car before she was shot, raising questions about whether she hit or slapped the SUV.

Crime-scene photos and video played in court Wednesday show Damond's body covered by a white sheet at the base of a driveway near the police squad car.

Just 1 minute and 19 seconds after talking to her fiancé for the last time, she was cradling her abdomen from a gunshot wound, saying "I'm dying."

___

Associated Press Writer Amy Forliti contributed to this report.

___

Check out the AP's complete coverage of Mohamed Noor's trial.

Source: Fox News National

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Free Exercise or Intolerance of Religion?

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Two stolen Vincent van Gogh paintings are back on display, 16 years after being swiped from museum

Two paintings by Dutch artist Vincent van Gogh stolen more than 16 years ago are finally back on public display after the pieces were recovered in 2016.

The paintings -- “View of the Sea at Scheveningen” and “Congregation Leaving the Reformed Church in Nuenen” -- were stolen from the Van Gogh Museum in Amsterdam in December 2002, The Guardian reported. The works of arts were completed between 1882 and 1885.

VINCENT VAN GOGH DISCOVERY: PREVIOUSLY UNKNOWN DRAWINGS BY DUTCH MASTER IDENTIFIED

Octave Durham and Henk Bieslijn stole the works of art after breaking into the museum. The “View of the Sea at Scheveningen” was damaged during the robbery and a corner was torn off. Durham was convicted after his DNA matched strands of hair in a hat he dropped at the scene.

“Congregation Leaving the Reformed Church in Nuenen” by Vincent van Gogh.

“Congregation Leaving the Reformed Church in Nuenen” by Vincent van Gogh. (AP)

Raffaele Imperiale, a mafia boss, purchased the ill-gotten paintings in 2003 for around $393,527. Durham used the money to splurge on motorbikes, vacations and a Mercedes E320. He was arrested in December 2003.

Imperiale admitted to prosecutors in Naples, Italy, that he had the paintings, which were discovered in his mother’s home.

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It took two years to restore the paintings. Unlike “View of the Sea at Scheveningen,” the “Congregation Leaving the Reformed Church in Nuenen” did not sustain much damage. Both were fitted in new frames.

The two paintings can be seen at the Van Gogh Museum in Amsterdam.

Source: Fox News World

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Security Council members urge Yemen parties to implement peace deal

FILE PHOTO: Houthi allied police troopers secure a street in Hodeidah
FILE PHOTO: Houthi allied police troopers secure a street in Hodeidah, Yemen December 31, 2018. REUTERS/Abduljabbar Zeyad/File Photo

March 12, 2019

ADEN (Reuters) – The five permanent members of the U.N. Security Council urged Yemen’s warring parties on Tuesday to implement a peace deal in the port city of Hodeidah, a move they hope will lead to an end of the four-year-old conflict.

The Chinese, French, Russian, British and U.S. ambassadors to Yemen said in a statement they were “extremely concerned” that the agreement reached in Stockholm in December had not been implemented.

The Houthi group and the Saudi-backed government agreed on a ceasefire and troop withdrawal in Hodeidah, an exchange of prisoners, and the reopening of humanitarian corridors to help millions of starving Yemenis, with international monitors to oversee things.

“We … urge both parties to begin implementation of the proposal in good faith without further delay and without seeking to exploit the redeployments by the other side,” they said.

“We call on all sides to ensure the U.N. monitoring mission can carry out its work safely and without interference.”

The Stockholm agreement stalled with each side worrying the other would take advantage of the withdrawal to gain ground.

The formation of a local authority to take control of Hodeidah after the troop withdrawal, agreed in the truce deal, also remains a sticking point.

The truce in Hodeidah came into force on Dec. 18 and has largely held but violence has escalated in other regions.

Air strikes by the Saudi-led coalition killed at least 22 civilians, including women and children, in a village in northern Yemen this week, the United Nations said.

Saudi Arabia is leading the Western-backed Sunni Muslim coalition that first intervened in Yemen in 2015 to try to restore Abd-Rabbu Mansour Hadi’s ousted government.

Western nations have pressed for an end to the war following increased scrutiny after the murder of prominent Saudi journalist Jamal Khashoggi.

The conflict is widely seen as a proxy war between Saudi Arabia and Iran. The Houthis deny receiving help from Tehran and say their revolution is against corruption.

(Reporting By Mohamed Ghobari, writing by Aziz El Yaakoubi, editing by Robin Pomeroy)

Source: OANN

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Estonia shuts Danske Bank branch at heart of money laundering saga

FILE PHOTO: Danske Bank sign is seen on a building in Copenhagen
FILE PHOTO: A Danske Bank sign on a building in Copenhagen, Denmark, September 27, 2018. REUTERS/Jacob Gronholt-Pedersen/File Photo *** Local Caption *** Jacob Gronholt-Pedersen - RC1711E5CAF0

February 19, 2019

By Tarmo Virki and Jacob Gronholt-Pedersen

TALLINN/COPENHAGEN (Reuters) – Danske Bank will pull out of Russia and the neighboring Baltic states, the Danish lender said after Estonia ordered it to close the branch at the center of one of the largest-ever money laundering scandals.

Danske is under investigation in Denmark, Estonia, Britain and the United States over some 200 billion euros ($226 billion) in payments from Russia, ex-Soviet states and elsewhere that were found to have flowed through its Estonian arm.

On Tuesday, Estonia’s financial regulator took the unexpected step of demanding Danske close its local branch and repay customers’ deposits within eight months, overturning the lender’s plan to scale back but keep business in the country.

Danske said last year it hoped to serve subsidiaries of Nordic customers in the Baltics.

It made an about-turn minutes after the announcement from Estonia’s regulator, publishing a statement to say it would close down its business in Latvia, Lithuania, Russia and Estonia.

Danske’s operations in those four countries earned 657 million Danish Crowns ($100 million) of income, according to its 2018 annual report.

It has more than 3,000 staff in those countries, although many will stay because Danske will not close its large administrative back-office operation in Lithuania.

In ordering Danske to leave Estonia, Kilvar Kessler, the head of Estonia’s regulator Finantsinspektsioon, was heavily critical of the bank and deflected blame onto Denmark for mishandling the case.

Kessler said the bank’s alleged flouting of money-laundering rules had “dealt a serious blow” to the reputation of the Estonian financial market.

The Estonian regulator was “the only institution in Estonia or Denmark to react to the activities of Danske Bank”, Kessler said, reflecting rising tensions with Denmark over who is responsible for the scandal.

He said that he was “not convinced that such activities would not continue in Danske”, telling journalists that the Danish regulator had handled the bank with “silk gloves”.

Danske Bank, which saw its profit tumble by more than a quarter last year, said that its decision to close operations in Russia and the Baltics was in line with its refocusing on the Nordics. It said it has stepped up anti money-laundering efforts.

The Danish Financial Authority had no immediate comment.

The Estonian ultimatum was made public as Danish and Estonian regulators found on Tuesday they are being investigated by the European Union’s own banking watchdog over a possible breach of EU law relating to alleged money-laundering at Danske Bank.

The Danske case, which focuses on money moved between 2007 and 2015, has raised questions about supervision of the Danish bank, prompting the EU’s executive European Commission to ask the European Banking Authority (EBA) to investigate.

The EBA’s investigation will take two months. If it finds a breach of EU law, it can make recommendations to the two regulators to address failings.

(Writing by John O’Donnell; Additional reporting by Huw Jones in London; Editing by Rachel Armstrong, Alexander Smith and Jan Harvey)

Source: OANN

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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