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The Mainstream Media Is Hyping Up The Release Of The Mueller Report As If It Were Some Sort Of Key Historical Event

Are you ready for the biggest non-event in recent American political history? 

The mainstream media is treating Thursday’s release of the Mueller report as an event of critical historical importance, but it isn’t.  Unless Attorney General William Barr was lying to us in his summary of the report, there aren’t going to be any major bombshells.  Of course anti-Trump forces will be sifting through the report for any nuggets that they can possibly use, but in the end it will be a fruitless exercise.  Trump never colluded with the Russians, and Mueller didn’t find enough to charge Trump with obstruction of justice.  So please feel free to skip reading the full 400 page report, because you can undoubtedly put that time to much better use in some other way.

This whole sordid ordeal once again has shown us that Democrats are a bunch of morons.  Once the Stormy Daniels scandal broke wide open, Democrats were given a bright, shiny gift on a silver platter, but they largely ignored it and kept hammering the Russian collusion angle because they are a bunch of idiots.

And of course most of our politicians don’t really want to talk about Stormy Daniels, payoffs and adultery anyway because they have been doing similar things behind the scenes themselves.

Somehow the idea that “Trump colluded with the Russians” became gospel for Democrats, and almost everyone on the left followed the herd because they are a bunch of sheeple.  There were a few dissenting voices on the left, but they were drowned out by the hordes of zombies that let CNN, MSNBC and the New York Times do their thinking for them.

The truth is that it has always been obvious that Trump never colluded with the Russians, and that is what the Mueller Report will show when it is released tomorrow morning


The state silences those that disagree with the “official narrative” because this allows them to control the population. Mike Adams hosts to discuss why being curious is so important to liberty in society.

Attorney General William Barr and Deputy Attorney General Rod Rosenstein will hold news conference Thursday just before Congress receives a copy of special counsel Robert Mueller’s report on Russian interference in the 2016.

The news conference will be at 9:30 a.m. EDT, said Kerri Kupec. The report is expected to go to Congress between 11 a.m. and noon EDT and likely will be released to the public around the same time.

But the mainstream media is trying to squeeze every ounce of false hype out of this story that they possibly can, and their endless coverage has helped push copies of the Mueller report to number one on Amazon in several categories.

And we aren’t going to get to see the entire report anyway.  As USA Today has noted, the report is being heavily redacted for a variety of legal reasons…

Barr has said Justice officials, including members of Mueller’s team, have been working to remove secret grand-jury evidence, classified information, material related to ongoing investigations spun off from the special counsel’s probe and personal information about individuals who were not charged as part of the inquiry.

In a curious move, in recent days officials from the Justice Department have been discussing the conclusions of the report with White House lawyers, and this is something that has infuriated Democrats because they believe that this is unfair.

The following comes from the New York Times

Justice Department officials have had numerous conversations with White House lawyers about the conclusions made by Mr. Mueller, the special counsel, in recent days, according to people with knowledge of the discussions. The talks have aided the president’s legal team as it prepares a rebuttal to the report and strategizes for the coming public war over its findings.

But even after being briefed, the White House seems quite unconcerned about what the report will show.

In fact, one White House spokesperson just told the press that “the outcome is still the same”

Meanwhile, ahead of the report, the White House insisted that it would exonerate Trump.

“Regardless of how Democrats and the media try to twist the report, the outcome is still the same: No collusion, no obstruction – complete and total exoneration,” White House spokesman Hogan Gidley said.

Ultimately, the big mainstream news networks will spend dozens of hours talking about the release of the Mueller report, but it will be a giant waste of time.

Yes, there might be some semi-interesting nuggets in the report, but it is highly unlikely that we are going to learn anything extremely important that we don’t know already.

As I have said from the very beginning, the Mueller investigation was a giant witch hunt, and it should have been shut down long ago.

But in America today, it has become fair game to try to personally destroy your political opponents.  And from now on, presidents and other high profile political figures are likely to be subjected to an endless barrage of investigations no matter which political party is in power.  This is going to make our country increasingly ungovernable, and it will lead us down a path from which we may never be able to return.

For Trump, this is definitely not the end of his legal troubles, because many other investigations are still ongoing

Prosecutors in a half-dozen federal, state and city jurisdictions are pursuing overlapping inquiries focused on how Trump operated his namesake business empire, how a porn star was paid off in the final weeks of his campaign and how his inaugural committee raised money. New York state alone has three agencies conducting investigations.

At least six congressional committees are studying Trump’s personal finances, his inauguration committee, his business practices before he took office and his conduct since assuming the presidency, seeking evidence of what senior Democrats have called corruption or abuse of his office.

Even if Trump wins in 2020, he will still be dealing with ongoing investigations, and when all of them eventually run their course I am sure that the Democrats will just start some new ones.

Our political system is literally in the process of self-destructing, and it is a horrifying thing to watch.

Source: InfoWars

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Bangladesh cricket team flees mosque shooting

Members of the Bangladesh cricket team have described on social media their narrow escape from a mass shooting at a Christchurch mosque on Friday.

Players and members of the team's coaching staff were reportedly on their bus, approaching the Masjid Al Noor mosque in Hagley Park when the shooting broke out.

Opening batsman Tamim Iqbal tweeted "entire team got saved from active shooters. Frightening experience and please keep us in your prayers."

Performance analyst Shrinivas Chandrasekeran, also on Twitter, said "Just escaped active shooters. Heartbeats pumping badly and panic everywhere."

Mario Villavarayen, a strength and conditioning coach with the team, told New Zealand media the players did not see the shooter but heard shots. He said they were shaken but unhurt.

"I spoke to one of them shortly after," Vllavarayen said. They didn't see anything but heard gunshots. They were at the ground and just started running.

"The coaching staff were all at the hotel. The players just started running when they heard the shots."

The team is reported to have left the bus and fled on foot to nearly Hagley Oval where it is due to play New Zealand in a test match starting on Saturday.

Reports said the team is under lockdown in its dressing room at the stadium from which manager Khaled Mashud has remained in contact with officials from New Zealand Cricket and the Bangladesh Cricket Board.

___

More AP Cricket: www.apnews.com/cricket and https://twitter.com/AP_Sports

Source: Fox News World

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Mulvaney to Be Named Permanent Chief of Staff Soon

Two of the top administration officials who now hold their positions in an "acting" capacity are expected to be upgraded to permanent status soon — possibly in the next week, White House sources told Newsmax.

Mick Mulvaney is expected to be moved from "acting" to "permanent" White House chief of staff, while the occupant of his previous position as Director of the Office of Management and Budget will almost certainly undergo a similar upgrade.

Russ Vought, presently "acting" OMB director, is considered certain to be nominated for permanent director.

Nomination of Vought, formerly a top aide to several conservative Members of Congress, to be OMB director will require Senate confirmation. The president's tapping "acting" chief of staff Mulvaney to be the permanent holder of the position would simply require the stroke of Trump's pen.

Trump himself has repeatedly said he has no problem working with top officials who are on "acting" status and this gives him "more flexibility." Senators of both parties disagree, saying "acting" officials carry less authority than those who have hold are permanent officials.

Mulvaney apparently agreed with them. Two months ago, the former South Carolina congressman and state legislator sent out strong signals he would not object to becoming president of the University of South Carolina and made inquiries about the job following the announced retirement of President Harris Pastides.

Mulvaney subsequently announced he was "no longer interested" in the position and would remain as Trump's chief of staff.

John Gizzi is chief political columnist and White House correspondent for Newsmax. For more of his reports, Go Here Now.

Source: NewsMax Politics

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Tennessee’s Barnes wins Naismith coaching honor

FILE PHOTO: NCAA Basketball: SEC Conference Tournament-Kentucky vs Tennessee
FILE PHOTO: Mar 16, 2019; Nashville, TN, USA; Tennessee Volunteers head coach Rick Barnes (center) talks with Volunteers guard Jordan Bowden (23) against the Kentucky Wildcats during the first half of the SEC conference tournament at Bridgestone Arena. Christopher Hanewinckel-USA TODAY Sports/File Photo

April 7, 2019

Tennessee coach Rick Barnes was named the winner of the Naismith Coach of the Year Award, the Atlanta Tipoff Club announced Sunday during a press conference in Minneapolis.

Barnes is the first Tennessee men’s coach to win the award. Legendary women’s coach Pat Summitt won it five times.

Barnes was selected over Texas Tech’s Chris Beard, Virginia’s Tony Bennett and Houston’s Kelvin Sampson.

“To say the least, I’m honored. I’m humbled really,” Barnes said in a statement. “When you’re able to receive an award like the Werner Ladder Naismith Coach of the Year, you know it goes to your players and your assistant coaches.”

Barnes guided the Volunteers to a 31-6 mark, matching the school record for victories. Tennessee notched a school-record 19 straight wins during a season in which it reached the Sweet 16 before losing in overtime to Purdue.

The Volunteers also spent four weeks at No. 1 during the campaign. That made Barnes only the sixth coach to lead multiple programs to the top spot, joining John Calipari, Frank McGuire, Rick Pitino, Eddie Sutton and Roy Williams.

Barnes had Texas at No. 1 for two weeks in January 2010.

–Field Level Media

Source: OANN

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Asia’s tech champions zero in on main street banking

FILE PHOTO: Man cycles past MYbank logo in Hangzhou
FILE PHOTO: A man cycles past a building bearing the logo of MYbank, an online lender that is an offshoot of Alibaba Group Holding Ltd, at the Ant Financial Services Group headquarters, in Hangzhou, Zhejiang province, China January 24, 2018. REUTERS/Shu Zhang/File Photo

April 15, 2019

By Alun John and Sumeet Chatterjee

HONG KONG (Reuters) – Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech giants Alibaba and Tencent.

The push into banking by companies better known for their messaging apps, cute emojis and online holiday bookings comes as regulators across Asia open up their banking sectors to a new breed of digital players.

The shift is in its infancy but contrasts sharply with the banking markets of Europe and North America, where change is slower and such startups tend to be backed by venture capital funds and financial sector incumbents, not tech firms.

Asia’s tech entrants see their advantage in the way they can seamlessly integrate banking services with their users’ regular online activities and the efficiency that comes from their technology.

“If you want to open a bank account (in Hong Kong) you need to go to a branch, answer questions for an hour, and you still won’t get the account opened without follow up calls,” said Wayne Xu, president of ZhongAn International, a unit of Chinese online insurer ZhongAn, setting up a virtual bank.

“However, all the information needed at the counter can already be collected on a mobile phone.”

Hong Kong’s banking regulator last month issued one of four so-called virtual banking licenses to ZhongAn in what could be the biggest shake-up in years in a city dominated by HSBC and Standard Chartered. Last week, the regulator said on it was making progress on four additional applications.

In South Korea, authorities have issued two online only bank licenses, one of them to Kakao Bank in 2017, which is operated by the company behind the country’s largest chat app.

“The 45 million monthly average users of our messaging app Kakao Talk is a huge plus for us when advertising our bank,” a spokesman for Kakao Bank said. He added the bank uses Kakao’s artificial intelligence technology for its automated customer support systems. The bank had 8.9 million users as of March.

Other Asian countries set to approve online-only banks include Taiwan – where a group led by a unit of Japanese messaging app operator Line Corp has applied for a license – and Malaysia, which plans guidelines by the end of the year. Bank of Thailand Governor Veerathai Santiprabhob said the central bank was exploring the issue.

“Large technology companies are seeing this as a land-grab opportunity where they can build out new sets of financial services that can be cross-sold to their existing users,” said Jeff Galvin, a Hong Kong-based partner at McKinsey.

DIGITAL ASIA

Driving the shift in Asia is mobile technology’s deep penetration across all aspects of consumer life.

Such trends were forged by Alibaba and Tencent in China where the two upended financial services and drove a revolution in the cashless economy with their digital payment applications.

In contrast, U.S. tech giants such as Amazon and Alphabet Inc’s Google have focused their financial industry efforts on providing tech and consulting services to incumbents.

Asian consumers are far more willing to bank with tech firms than elsewhere in the world.

More than 90 percent of consumers under 35 in China and India would bank with a technology firm, according to Bain research, compared to 75 percent in the United States and just 51 percent in France.

The online-only banks in Hong Kong plan to start-off by offering services such as savings accounts, credit cards, personal loans and travel insurance.

“What we are seeing in Asia is technology companies moving sideways into finance, inspired by or even threatened by the examples of Alibaba and Tencent,” said James Lloyd, partner and APAC fintech leader at consultancy EY.

In Asia, the emergence of tech gains in the banking sector comes at a difficult time for the region’s incumbents who have begun reassessing the vast branch networks that, until recently, were seen as their competitive advantage.

The number of bank branches in Hong Kong, Japan, Malaysia, South Korea and Thailand has declined in the last couple of years, dropping by between 1 percent and 7 percent in 2017 from 2015, according to the International Monetary Fund. That compares with growth of as much as 8 percent a decade ago.

To be sure, legacy banks in Asia have their own plans to stay relevant in the changing space with some tying up with new rivals.

Among the new Hong Kong digital banking licensees is a joint venture between StanChart, Chinese holiday booking giant Ctrip and local telco PCCW.

“We think that the ecosystem we can build together will be a great integration of lifestyle into banking,” Mary Huen chief executive of StanChart Hong Kong, and chairman of the new virtual bank, said at a press conference.

(Reporting by Sumeet Chatterjee and Alun John; additional reporting by Heekyong Yang in Seoul, Liz Lee in Kuala Lumpur, Chayut Setboonsarng in Bangkok; Editing by Jennifer Hughes and Sam Holmes)

Source: OANN

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Japan says US serviceman kills woman, self in Okinawa

A U.S. serviceman fatally stabbed a Japanese woman and then killed himself in Okinawa on Saturday, Japan's Foreign Ministry said, amid growing resentment about American troops in southwestern Japan.

U.S. Forces Japan said the Naval Criminal Investigative Service (NCIS) was working with local police to look into the deaths of a Navy sailor assigned to a Marine unit and an Okinawa resident. "This is an absolute tragedy and we are fully committed to supporting the investigation," it said in a statement, according to the reporting on the crime from The Associated Press.

WRECKAGE OF MISSING JAPAN'S F-35 FIGHTER JET FOUND, PILOT REMAINS MISSING

AP said Vice Minister of Foreign Affairs Takeo Akiba telephoned U.S. Ambassador William Hagerty, asking for cooperation with both the inquiry and efforts to prevent a recurrence.

Although Okinawa makes up less than 1 percent of Japan's land space, AP said, it hosts about half of the 54,000 American troops stationed in Japan, and is home to 64 percent of the land used by U.S. bases in the country.

JAPANESE WOMAN ARRESTED IN CONNECTION TO STABBING DEATH OF US AIRMAN

People there have long complained about crime, noise and the destruction of the environment as a consequence of the military presence.

A plan to relocate a Marine Corps air station called Futenma to a less populated part of Okinawa has also been contentious, AP said, and Denny Tamaki, Okinawa's governor, is pushing to have the base moved off the island altogether.

The Associated Press contributed to this report.

Source: Fox News World

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Christopher Scalia says it’s a ‘mistake’ to think Gorsuch will decide same as his father

Christopher Scalia, the son of the late Supreme Court Justice Antonin Scalia, said it's a "mistake" to think Justice Neil Gorsuch would decide the same as his father after some in the media have labeled him the "new Scalia."

The comparison came because, Justice Scalia, similar to Gorsuch, was friends with Justice Ginsberg even though he had conservative values. Justice Scalia and Ginsberg had similar upbringings and enjoyed going to the opera together.

CHRISTOPHER SCALIA: THE FAITH OF MY FATHER

"I think it's a mistake to think that Justice Gorsuch would decide every case the way my father would've," Scala told "Fox & Friends" Tuesday morning. "I don't think that's the right way to look at it, but I think his general approach to interpreting the Constitution and the law is very much in line with my father's.

"What that means is that...very often there will be opinions that don't go in line with conservatve public policy makers wants but which are really in keeping with the original understanding of the Constitution."

SUPREME COURT, GORSUCH RULE MISSOURI INMATE WITH DISEASE HAS NO RIGHT TO 'PAINLESS DEATH', CAN BE EXECUTED

The eighth child of nine kids, Christopher, said he was impacted by the role religion played in his father's life.

So he compiled speeches and excerpts from his father in a new book, "On Faith: Lessons from an American believer."

CLICK HERE TO GET THE FOX NEWS APP

In the book, Christopher notes, readers are able to see what Scalia believed is the real role of religion in the public sphere.

The late Supreme Court justice was not known to be showy about his faith, but everyone knew he was a very devout Catholic.

Source: Fox News Politics

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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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