Upcoming shows
Real News

NOW ON AIR
Now On Air

Alex Jones – Info Wars

12:00 pm 4:00 pm



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Kim Jong Un’s train travel to Vietnam hidden by Chinese censors

North Korean leader Kim Jong Un’s journey to Vietnam remains shrouded in mystery despite state media announcing his travel plans.

That’s because the Chinese government has reportedly scrubbed its social media to remove discussions involving Kim’s route to Hanoi for his second summit with President Trump.

Kim hopped on his green-and-yellow armored train over the weekend to begin the roughly 60-hour journey from Pyongyang to Hanoi for the Feb. 27-28 summit, state media announced Sunday. The despot will most likely arrive at the Dong Dang railway station bordering China and Vietnam early Tuesday morning. His motorcade is then expected to drive another 105 miles to the Vietnam capital city.

On Weibo, the Chinese microblogging website equivalent to Twitter, Chinese censors appeared to remove all direct mentions of the North Korean leader and limited posts about road closures and train delays where Kim’s train is expected to pass through, AFP reported.

North Korean leader Kim Jong Un waves from a train before leaving Pyongyang Station, North Korea, for Vietnam. 

North Korean leader Kim Jong Un waves from a train before leaving Pyongyang Station, North Korea, for Vietnam.  (AP)

"Those watching Leader Kim's Changsha road situation, has he made it to Changsha yet?" one user wrote, according to AFP.

KIM JONG UN IMPERSONATOR DEPORTED FROM VIETNAM AHEAD OF 2ND TRUMP-KIM SUMMIT

"Changsha friends, are you ready? This train is so slow," another person commented. "Yesterday it arrived in Zhengzhou -- it's only now made it to Wuhan."

Some crafty users avoided being censored by referring to the despot as “Boss Kim” or “Little brother Kim.” Posts that used certain keywords and hashtags such as “Zhengshou road closures” were blocked on the site. "Changsha road closures" searches also came up empty, AFP reported.

A video posted on Weibo showed a train like the one Kim is traveling in passing through Wuhan in Central China’s Hubei province. One user wrote that the Monday morning rush hour -- when Kim’s train supposedly passed through the city -- was “truly miserable.”

A train, center, similar to ones seen during previous visits to China by North Korean leader Kim Jong Un is seen at Changsha station in central China's Hunan province, Monday.

A train, center, similar to ones seen during previous visits to China by North Korean leader Kim Jong Un is seen at Changsha station in central China's Hunan province, Monday. (AP)

Kim on Saturday was accompanied by Kim Yong Chol, who has been a key negotiator in talks with the U.S., and Kim Yo Jong, the leader's sister, the North's official Korean Central News Agency reported. The train that reportedly travels a speed of 35 miles per hour will cover nearly 2,500 miles by the time it reaches the railway station bordering Vietnam.

TRUMP, KIM JONG UN'S SINGAPORE SUMMIT: 5 AGREEMENTS THE LEADERS MADE DURING THEIR FIRST MEETING

The People's Committee in Lang Son province, where the Dong Dang railway station is located, issued a statement Friday instructing the road operator to clean the highway stretch and suspend road works, among other things, on Feb. 24-28 as "a political task."

In this Saturday, Feb. 23, 2019, photo, a train similar to ones seen during previous visits to China by North Korean leader Kim Jong Un leaves Dandong Station in northeastern China's Liaoning Province.

In this Saturday, Feb. 23, 2019, photo, a train similar to ones seen during previous visits to China by North Korean leader Kim Jong Un leaves Dandong Station in northeastern China's Liaoning Province. (AP)

Vietnam also announced there will be a complete ban of all vehicles on the 105-mile stretch of Highway One from Dong Dang to Hanoi from 6 a.m. to 2 p.m.

Rumors of Kim’s travel plans began last week and some speculated he would opt for his state jet, codenamed “Chammae-1,” which would cut his travel time to about 13 hours.

CLICK HERE TO GET THE FOX NEWS APP

Kim traveled to Singapore in June for the first Trump summit using a Chinese charter plane with a Chinese flag displayed on the aircraft. Although he traveled by air for the first summit, Kim’s preferred travel method is by train — like his late father Kim Jong Il and grandfather Kim Il Sung. Kim’s father loathed flying and made all his trips abroad, almost all to China, by rail.

The Associated Press contributed to this report. 

Source: Fox News World

0 0

Turkey running low on hard cash reserves as markets fear ‘dollarisation’

FILE PHOTO: People check currency exchange rates at an currency exchange office in Istanbul
FILE PHOTO: People check currency exchange rates at an currency exchange office in Istanbul, Turkey, November 25, 2016. REUTERS/Murad Sezer

March 27, 2019

By Karin Strohecker

LONDON (Reuters) – Turkey’s repeated attempts to shore up the lira over the past year have left it perilously low on hard cash reserves as domestic households scramble to shift their savings to dollars and companies struggle to refinance their overseas debts.

The drain on the central bank’s foreign currency buffers raises uncomfortable questions about Turkey’s balance of payments and its ability to roll over foreign loans – and how and from whom it would seek emergency reserves if necessary.

The voracious domestic appetite for hard currency, meantime, has become a critical gauge of trust in the authorities’ ability to manage the lira and the country’s finance during the harshest economic contraction in a decade.

Data released last week showed gross FX reserves at Turkey’s central bank dropped by some $3 billion to $73.78 billion in the week to March 15. Meanwhile total forex deposits and funds, including precious metals, of Turkish local individuals hit a record high of $105.74 billion.

“There are very few other countries whose level of FX reserves is as low as Turkey’s,” Paul McNamara, investment director at GAM in London. “With reserves down to this level, they really have no room for error and there is a lack of confidence, and that needs to be addressed.”

The numbers weighed heavily on the lira, prompting Ankara’s regulator to launch probes into a number of banks and blaming them for fuelling speculation with Turkish lenders reluctant to provide liras to offshore FX markets, pushing rates for foreign investors to punitive levels.

But the data itself showed more than just the low levels of reserves. It was also testimony to the role the central bank plays in the country ruled by President Tayyip Erdogan who takes a tough stance on the direction of monetary policy.

“It is a signal that the central bank is supplying part of the economy with FX reserves and not through the market,” said Ulrich Leuchtman, head of FX & EM research at Commerzbank in Frankfurt.

“That indicates that the exchange rate is an issue, and also that the central bank is meddling in economic policy, which isn’t really what it should be doing.”

Turkey’s reserves look under pressure on several measures.

The International Monetary Fund (IMF), seen as the oracle on currency crises due to its vast experience in trying to put countries’ finances back together, has developed a number of gauges to capture the resources a country has available to meet shocks.

According to the IMF, reserves to short-term debt ratio stood at just over 50 percent for Turkey at the end of 2018 while the fund’s rule of thumb is that a ratio of 100 percent is adequate.

The picture looks somewhat different in calculations by the Institute of International Finance. The IIF estimated some $75 billion issued by government, banks and corporates is maturing in 2019, of which $17 billion is short-term, $59 billion medium to longer-term, and the rest made up of trade finance and non-resident deposits.

Turkey’s import cover ratio – the number of months that imports can be sustained should all inflows seize up – stood at around four months, compared more than six months for South Africa or 18 months for Russia, according to the IMF.

Fresh FX reserve data due out in the coming days is expected to show some reprieve, but not necessarily for the right reasons, say analysts. As part of efforts to prop up the lira in the run-up to local elections on Sunday, the central bank suspended auctions at the one-week repo rate, forcing borrowers into higher interest rate windows – a move that is expected to add another $2.5 billion to reserves.

Meanwhile, locals’ mistrust of their own policymakers as seen in their record holdings of dollars, gold and other safe haven assets have added to market jitters.

Countless emerging market crises have shown over the decades that it is not necessarily the withdrawal of foreign investors from a market but the drying up of central bank reserves and a flight of local households and businesses from a currency that are instrumental in its collapse.

“The concern has been dollarisation: It is not really foreigners leading the way, it is all about locals,” said Tim Ash, senior emerging markets strategist at BlueBay Asset Management. “The actions they have taken takes foreigners out, but it doesn’t really solve the problem with locals.”

Rampant inflation dogged Turkey for decades before 2000 and has been back in double digits since the start of 2017. In February, inflation stood at just under 20 percent.

Meanwhile last August’s 25 percent lira tumble of the lira has pushed Turkey into a painful recession.

Locals’ appetite for hard currency shows little sign of abating. Mustafa Alkan, manager at a foreign exchange office in Istanbul, said demand has been high over the past three weeks.

“People are panicking – when the dollar increases, they panic and buy,” he said, adding some customers had come with tens of thousands of liras in their pockets to his counter.

Many Turks were rattled by the lira’s tumble last August to 7.24 to the dollar. The lira currently trades at 5.4.

“There is a view that the dollar will go back to the levels it saw (last summer)… As long as there is no value in the lira, people will flock to dollar.”

(Reporting by Karin Strohecker; Additional reporting by Ali Kucukgocmen in Istanbul, Ece Toksabay in Ankara and Marc Jones in London; Graphics by Ritvik Carvalho; Editing by Hugh Lawson)

Source: OANN

0 0

Abraaj founder’s extradition case adjourned, another former executive arrested: court official

FILE PHOTO: Naqvi Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the WEF in Davos
FILE PHOTO: Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich/File Photo

April 18, 2019

LONDON (Reuters) – A case in a London court to extradite Arif Naqvi, the founder of collapsed private equity firm Abraaj, to the United States on fraud charges, was adjourned until April 26, a court official said on Thursday.

The official told Reuters that a former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, had also been arrested and was facing a U.S. extradition request linked to the same charges.

Vettivetpillai could not be reached for a comment.

Whilst at Abraaj, Vettivetpillai was head of impact investing in a role that oversaw the firm’s troubled healthcare fund.

Abraaj’s executives are facing U.S. charges that they defrauded their investors, including the Bill & Melinda Gates Foundation.

The U.S. Securities and Exchange Commission alleges that Naqvi and his firm raised money for the Abraaj Growth Markets Health Fund, collecting more than $100 million over three years from U.S.-based charitable organizations and other U.S. investors.

According to the SEC’s complaint, Naqvi misappropriated money from the health fund and commingled the assets with corporate funds of Abraaj Investment Management and its parent company, and used it for purposes unrelated to the health fund.

Naqvi, in a statement released through a PR firm, pleaded innocent last week.

Naqvi was arrested in the United Kingdom earlier this month, while managing partner Mustafa Abdel-Wadood was arrested at a New York hotel, Assistant U.S. Attorney Andrea Griswold said at a hearing in Manhattan federal court on April 11.

Dubai’s financial services regulator said on Monday that it was in touch with the U.S. Securities and Exchange Commission about the latest case involving collapsed private equity firm Abraaj.

(Reporting by Tom Arnold; Writing by Saeed Azhar; Editing by Alexandra Hudson)

Source: OANN

0 0

Pence in Colombia Announces New Sanctions on Maduro

The Trump administration announced new sanctions Monday on allies of Venezuela's Nicolas Maduro as it struggles to find new ways to boost his opponent after an effort to deliver humanitarian aid to the economically devastated nation faltered amid strong resistance from security forces loyal to the socialist leader.

Vice President Mike Pence arrived in the Colombian capital for an emergency summit of regional leaders to discuss the deepening crisis and immediately met with Juan Guaido, the opposition leader the U.S. and 50 other nations recognize as Venezuela's rightful president.

In a speech, Pence urged regional partners to freeze oil assets controlled by Maduro, transfer the proceeds to Guaido and restrict visas for Maduro's inner circle. He said the U.S. was imposing more sanctions on four pro-government governors, including a close Maduro ally who negotiated the release of an American jailed for more than two years.

"It's time to do more," Pence said. "The day is coming soon when Venezuela's long nightmare will end, when Venezuela will once more be free, when her people will see a new birth of freedom, in a nation reborn to libertad."

Pence's appearance before the Lima Group comes at an important crossroads for the coalition of mostly conservative Latin American nations and Canada that has joined forces to pressure Maduro. A month after Guaido declared himself interim president at an outdoor rally, hopes that support for Maduro inside the military would quickly crumble have faded.

Over the weekend, security forces on the borders with Colombia and Brazil fired tear gas and buckshot on activists waving Venezuelan flags while escorting trucks with emergency medical and food kits. Four people were killed and at least 300 wounded, although only a few were hospitalized.

While Colombian authorities said more than 160 soldiers deserted their posts and sought refuge across the border over the weekend, the highest-ranking among them was a National Guard major. No battalion or division commanders have come forward to challenge Maduro despite almost-daily calls by Guaido and the U.S. to do so.

That's left many asking what Guaido and the U.S. can do to break the stalemate.

The Lima Group, in an 18-point declaration signed by 10 nations and Guaido, reiterated their call on the Venezuelan military to recognize the opposition leader as their commander in chief, urged the International Criminal Court to declare Maduro's aid blockade a crime against humanity and pressed the United Nations to play a bigger role in resolving the crisis.

For now, the U.S. is showing no signs it is considering a military intervention to remove Maduro.

During his visit, Pence repeated President Donald Trump's threat that "all options are on the table" but gingerly avoided talking about the potential for military action.

Instead, he stuck to traditional policy tools that so far have only hardened Maduro's resolve. Foremost among them was the addition of four governors to a growing list of more than 50 Venezuelan officials under sanctions and blocked from doing business or having accounts in the U.S.

The most prominent target was Rafael Lacava, the governor of central Carabobo state who played a key role negotiating the release last year of Joshua Holt, a Utah man jailed without a trial for two years on what were seen as trumped-up weapons charges.

Pence also said the U.S. would continue to search for places to pre-position aid for eventual delivery to Venezuela, and announced $56 million in new assistance to countries in the region helping to absorb an exodus of more than 3 million Venezuelans who have fled hyperinflation and shortages in recent years.

"In the days ahead, the United States will announce even stronger sanctions on the regime's corrupt financial networks. We will find every last dollar they have stolen and return that money to the Venezuelan people," he said.

Guaido, in his visit to the Colombian capital, was afforded all the trappings of a head of state. He posed for selfies with well-wishers upon arriving for the summit and stood before a pile of aid boxes stamped with the U.S. flag as he and Pence greeted a group of Venezuelan migrants, including an elderly man who wept as he shook hands with the U.S. vice president and pleaded for help.

But Guaido's speech to the diplomats was short on specifics despite speculation he would request a military intervention as close ally Julio Borges, the opposition ambassador to the Lima Group, suggested on Sunday.

"Being permissive with the usurpation of power would be a threat to democracy in all of America," Guaido said.

Meanwhile, the Lima Group, which has been staunchly behind Guaido, rejected the use of force.

"Let's hope that the pressure of the international community, dialogue and prudence will prevail," said Panamanian President Juan Carlos Varela, who likened the crisis in Venezuela to the one his country faced in the run-up to the 1989 U.S. invasion to remove dictator Manuel Noriega. "Although the circumstances are similar, we must have the capacity to find a solution different than the one used back then."

Secretary of State Mike Pompeo, in interviews on "Fox News Sunday" and CNN's "State of the Union," did not rule out U.S. military force but said "there are more sanctions to be had."

Any additional sanctions will increase the suffering of the Venezuelan people and may lead to more political violence, said Mark Weisbrot, co-director of the Center for Economic and Policy Research, who advocates a negotiated end to the political crisis.

"The 'humanitarian aid' this weekend was a public relations stunt, since the aid was just a tiny fraction of the food and medicine that they are depriving Venezuelans of with the sanctions," Weisbrot said. "As the Trump administration admitted, it was an attempt to get the Venezuelan military to disobey Maduro. It was a farce, and it failed."

Source: NewsMax Politics

0 0

German minister on Facebook password glitch: Didn’t expect such frightening unprofessionalism

FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration

March 22, 2019

BERLIN (Reuters) – Germany’s Justice Minister on Friday said she would hardly have expected such “frightening unprofessionalism” from Facebook after the company acknowledged a glitch that exposed passwords of millions of users to its employees.

“My experience is: Facebook only takes responsibility when it’s forced to do so,” Katarina Barley said in a statement, adding that the company must inform all affected users about the glitch.

The passwords, stored in readable format within Facebook’s internal systems, were accessible to as many as 20,000 Facebook employees and dated back as early as 2012, cyber security blog KrebsOnSecurity, which first reported the issue, said in a report on Thursday.

(Reporting by Riham Alkousaa; Editing by Tassilo Hummel)

Source: OANN

0 0

At least 6 hurt after driver plows intentionally into Philadelphia crowd, police say

A man plowed his car into a group of people following an altercation in Philadelphia Tuesday afternoon, injuring six people, police say.

Investigators say the incident unfolded at around 3:45 p.m. in North Philadelphia. At least one of the victims was in critical condition, Fox 29 reported.

The 44-year-old driver, who has not been identified, suffered head and facial injuries and was taken to a local hospital, where he was charged with aggravated assault. Philadelphia Police Chief Inspector Scott Small told WPVI that the driver was pulled out of his car and attacked by passersby at the scene before he was taken away.

According to police, a 37-year-old man was in critical condition after suffering a head injury and body trauma. A 28-year-old man suffered a left arm injury and a 40-year-old woman suffered a left shoulder injury and both were in stable condition.

CLICK HERE TO GET THE FOX NEWS APP

A 42-year-old man suffered head injuries, a 17-year-old girl was injured in the left hip and leg and a 19-year-old girl suffered minor injuries. The conditions of those three were not immediately known.

Police were investigating what caused the initial altercation.

Source: Fox News National

0 0

NBC News: Mueller Won't Submit Report Next Week

NBC News reported Friday that Special Counsel Robert Meuller will not deliver his report to Attorney General William Barr next week, in contrast to reporting from other news outlets. NBC cited a "senior Department of Justice Official."

President Donald Trump on Friday said he has not spoken to Attorney General William Barr about releasing the report on the special counsel's probe on possible Russian election interference.

Several news outlets have reported that Special Counsel Robert Mueller will complete the report on the probe, which has already led to criminal charges of some Trump political aides, and send it to Barr in the coming days. Democratic lawmakers are already pressing for the report to be publicly released in full. Trump, a Republican, and Russia deny any election meddling. 

Trump weighed in on the upcoming report during an Oval Office press appearance Friday afternoon, saying he's looking forward to seeing Mueller's "honest report" when it's ready.

"There was no collusion, there was no obstruction, there was no anything," Trump said of the Russia probe. "It's one of the greatest hoaxes ever perpetrated on this country. So I look forward to seeing the report. If it's an honest report, it will say that. If it's not an honest report it won't."

Trump also indicated he has not spoken to Attorney General William Barr about the Mueller report.

"No, I have not," Trump said. "At some point I guess I'll be talking about it."

Source: NewsMax Politics

NOW ON AIR
Now On Air

Alex Jones – Info Wars

12:00 pm 4:00 pm



FILE PHOTO: Chevron's Michael Wirth speaks at Gastech, the world's biggest expo for the gas industry, in Chiba
FILE PHOTO: Chevron’s Michael Wirth speaks at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai

April 26, 2019

HOUSTON (Reuters) – Chevron Corp on Friday pushed back at the potential for a rival to break up its $33 billion deal for Anadarko Petroleum Corp, saying the two companies had already begun meetings on a merger plan.

Occidental Petroleum on Thursday sought to scuttle the proposed deal, submitting a higher, $38 billion cash-and-stock offer for Anadarko. Anadarko’s board said on Thursday it would evaluate the new proposal.

“I’ll just remind everyone that we’ve got a signed deal that has been approved by both boards and we’ve moving forward with integration planning,” said Chevron Chief Executive Michael Wirth on a conference call with analysts. He said a “sizeable” group of employees had already met.

Wirth declined to say whether Chevron would raise its offer in light of Occidental’s higher bid. Chevron has the ability revise the structure of its 75 percent stock, 25 percent cash bid, Chevron finance chief Pierre Breber said on the same call. “We could put more cash in if that’s what Anadarko wanted to do,” he said.

(Reporting by Gary McWilliams; Editing by James Dalgleish)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Naqvi Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the WEF in Davos
FILE PHOTO: Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich/File Photo

April 26, 2019

By Tom Arnold

LONDON (Reuters) – A London court case to extradite Arif Naqvi, founder of collapsed private equity firm Abraaj Group, to the United States on fraud charges was adjourned until May 24, a court official said on Friday.

Naqvi was remanded in custody until that date, the official said. A former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, was released on conditional bail to appear again at Westminster Magistrates Court on June 12, the official said.

Under the U.S. charges, both men are accused of defrauding U.S. investors by inflating positions held by Abraaj in order to attract greater funds from them, causing them financial loss, the official said.

Vettivetpillai could not be reached for a comment.

Naqvi, in a statement released through a PR firm, has pleaded innocent.

The U.S. Securities and Exchange Commission alleges that Naqvi and his firm raised money for the Abraaj Growth Markets Health Fund, collecting more than $100 million over three years from U.S.-based charitable organizations and other U.S. investors.

Naqvi and Vettivetpillai were arrested in Britain earlier this month. Another executive, Mustafa Abdel-Wadood was arrested at a New York hotel, Assistant U.S. Attorney Andrea Griswold said at a hearing in Manhattan federal court on April 11.

Abdel-Wadood appeared at the Manhattan hearing and pleaded not guilty to securities fraud, wire fraud and conspiracy charges.

(Editing by Jane Merriman)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Former Vice President Joe Biden announces his 2020 candidacy
Former U.S. Vice President Joe Biden announces his candidacy for the Democratic presidential nomination in this still image taken from a video released April 25, 2019. BIDEN CAMPAIGN HANDOUT via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

April 26, 2019

By James Oliphant

WASHINGTON (Reuters) – Former U.S. Vice President Joe Biden, in his first interview as a Democratic presidential candidate, said on Friday that he does not believe he treated law professor Anita Hill badly during the 1991 confirmation hearings for Supreme Court Justice Clarence Thomas.

Biden had joined the burgeoning 2020 Democratic field a day earlier.

Biden’s conduct during those hearings, when he was chairman of the U.S. Senate Judiciary Committee, became a renewed subject of controversy after the New York Times reported that Biden had called Hill earlier this month in the run-up to his presidential bid and that Hill was dissatisfied with Biden’s expression of regret.

Appearing on ABC’s “The View,” Biden largely defended his actions as a senator almost 30 years ago, saying he believed Hill’s allegations of sexual harassment levied at Thomas and tried to derail his confirmation.

Activists have long been unhappy that Hill was questioned in graphic detail by the all-white, all-male committee chaired by Biden.

“I’m sorry she was treated the way she was treated,” Biden said, but later, he asserted, “I don’t think I treated her badly. … How do you stop people from asking inflammatory questions?”

“There were a lot of mistakes made across the board and for those I apologize,” he said.

Biden praised Hill as “remarkable” and said she is “one of the reasons we have the #MeToo movement.”

Asked why he had not reached out to Hill earlier, Biden said he had previously publicly stated he had regrets about her treatment and that he “didn’t want to quote invade her space.”

That seemed to be a reference to another controversy that looms over Biden’s presidential run: allegations by several women that he made them uncomfortable by touching them at political events.

Biden also addressed that criticism, saying he was now more “cognizant” about a woman’s “private space.” But he maintained that he had been “trying to bring solace.”

He suggested he was still trying to sort out the guidelines for his conduct going forward.

“I should be able to read better,” he said. “I have to be more careful.”

Pressed by the show’s panel for an apology to his accusers, Biden would not entirely capitulate.

“So, I invaded your space,” he replied. “I mean, I’m sorry this happened. But I’m not sorry in a sense that I think I did anything that was intentionally designed to do anything wrong or be inappropriate.”

Biden, 76, served as former President Barack Obama’s vice president for two terms. He is competing with 19 others for the Democratic presidential nomination and the chance to likely face President Donald Trump next year in the general election.

His first public event as a presidential candidate is scheduled for Monday in Pittsburgh.

(Reporting by James Oliphant; editing by Jonathan Oatis)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The logo of Tesla is seen in Taipei
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Noel Randewich

SAN FRANCISCO (Reuters) – Tesla Inc’s stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

With investors betting Tesla will soon raise capital, the stock has fallen 13% for the week to its lowest level since January 2017, before the launch of the Model 3 sedan aimed at making the electric car maker profitable.

One positive development for Tesla: a U.S. District Court judge on Friday granted a request by Musk and the Securities and Exchange Commission for a second extension to resolve a dispute over Musk’s use of Twitter.

On Wednesday, Tesla posted a worse-than-expected loss of $702 million for the March quarter. Musk said Tesla would return to profit in the third quarter and that there was “some merit” to raising capital.

Musk is still battling to convince investors that demand for the Model 3, the company’s first car aimed at the mass consumer market, is “insanely” high, and that it can be delivered efficiently to customers around the world.

Tesla ended its first quarter with $2.2 billion, down from $3.7 billion in the prior quarter, and the company is planning expansions including a Shanghai factory, an upcoming Model Y SUV, and other projects.

(GRAPHIC: Tesla’s cash – https://tmsnrt.rs/2DyJjX6)

On Monday, Musk hosted a self-driving event, where he predicted Tesla would have over a million autonomous vehicles by next year. Some analysts perceived the presentation as a way to deflect attention from questions about demand, margin pressure, increasing competition and even Musk’s ongoing battle with U.S. regulators.

Tesla’s stock has now fallen 29 percent in 2019 and the company’s market capitalization has declined to $41 billion from $63 billion in mid-December.

(GRAPHIC: Tesla’s declining market cap – https://tmsnrt.rs/2Dwd62r)

Analysts now expect Tesla’s revenue to expand 19% in 2019, compared with 83% growth in 2018 and 68% growth in 2017, according to Refinitiv.

Following Tesla’s quarterly report, 12 analysts recommend selling the stock, while 11 recommend buying and eight are neutral. The median analyst price target is $275, up 16% from the stock’s current price of $236. Berenberg analyst Alexander Haissl has the most optimistic price target, at $500, while Cowen and Company’s Jeffrey Osborne has the lowest, at $160, according to Refinitiv.

(Reporting by Noel Randewich; editing by Jonathan Oatis)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Former CIA Director John Brennan pushed back Friday on President Trump’s charge that he knew about or participated in an attempt to overthrow the American government.

“I don’t think it’s surprising at all that we continue to hear the sociopathic ramblings of Mr. Trump claiming that there was this effort to try to prevent him from being elected or to unseat him,” he told MSNBC’s Hallie Jackson.

Brennan was reacting to comments Trump made during an interview with Sean Hannity on Thursday night.

Trump specifically criticized Brennan, along with former Director of National Intelligence James Clapper, former FBI Director James Comey, and former Deputy FBI Director Andrew McCabe, in the fiery interview.

ROSENSTEIN SLAMS OBAMA ADMINISTRATION FOR CHOOSING ‘NOT TO PUBLICIZE FULL STORY’ OF RUSSIA HACKING

His comments followed the release of Special Counsel Robert Mueller‘s report which stopped short of accusing the president of either obstruction of justice or collusion with Russia.

Brennan added he welcomed further investigation into his and other officials’ conduct while they served in government. “I’ve testified in front of Congress … Absolutely, I’ll do it again,” he said.

Brennan also disputed Sen. Rand Paul’s, R-Ky., claim that he “insisted that the unverified and fake Steele dossier be included in the Intelligence Report.”

CLICK HERE TO GET THE FOX NEWS APP

Journalist Bob Woodward similarly promoted the idea that the CIA pushed to include the Steele dossier in the intelligence community assessment surrounding Russian election interference.

“That’s absolutely incorrect and 180 degrees from the truth. It was CIA that was pushing not to have it included and not to be taken into account at all in that intelligence community assessment.

Source: Fox News Politics

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist