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Singapore PM promotes likely successor in Cabinet reshuffle

Singapore Prime Minister Lee Hsien Loong has named a deputy in a Cabinet reshuffle, in a possible indication of his successor.

His office said Tuesday that Heng Swee Keat would be promoted to deputy prime minister. Heng has been finance minister since 2015. He will keep that post when the appointment takes effect on May 1.

Lee, who is 67, intends to step down in the coming years. He said Heng's promotion was "part of the ongoing leadership renewal."

"The next generation leadership is taking shape, and progressively taking over from me and my older colleagues," he said in a Facebook post.

Heng was managing director of Singapore's central bank during the 2008 financial crisis. In 2011, he won his first election and was appointed education minister.

Source: Fox News World

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Tennessee church shooting suspect objects to phone evidence

The man accused of fatally shooting a woman and wounding seven people at a Tennessee church in September 2017 is objecting to using evidence from his cellphone.

Emanuel Kidega Samson made his first public court appearance Wednesday during a Davidson County Criminal Court hearing. The 27-year-old faces a 43-count indictment, including a first-degree murder charge, in the Nashville shooting at Burnette Chapel Church of Christ.

Samson's attorney, Jennifer Lynn Thompson, said a search warrant affidavit doesn't tie the phone's potential contents with Samson's charges.

An arrest affidavit says Samson waived his rights and told police he arrived armed and fired at Burnette.

Prosecutors have said they're seeking a life sentence without parole.

Samson is black and the victims are white. Authorities haven't definitively said whether they believe Samson targeted them based on race.

Source: Fox News National

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Phoenix man accused of killing 4, including wife and 2 kids

A Phoenix man has been arrested on suspicion of killing his wife, two of his young daughters and a man who the suspect thought was romantically involved with his wife, police said Friday.

The wife and daughters of the suspect were killed at the family's home, and the 30-year-old suspect then went Thursday night to an apartment complex where he shot and killed a 46-year-old man, said Sgt. Tommy Thompson, a police department spokesman. A woman and another man were shot and wounded at the complex, Thompson said.

The suspect was arrested by police as he drove away from the apartment complex.

The suspect and the victims were not identified and authorities did not say how the wife of the suspect and their daughters, ages 5 and 7, were killed. A 3-year-old daughter of the couple was not hurt and was found under a bed at the family's home, Thompson said.

"It is my understanding that for whatever reason he elected not to shoot her," Thompson said.

The suspect told detectives during an interview that he believed "in God's eyes it was all right for him to deal with someone in this manner who had been involved in adultery or an extramarital affair," Thompson said.

He described the scene at the apartment complex as chaotic, with firefighters treating victims while authorities did not initially know the whereabouts of the shooter.

Source: Fox News National

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Japan February machinery orders seen rising for first time in four months: Reuters poll

File photo of a worker standing on a crane which is parked at a construction site at Keihin industrial zone in Kawasaki
A worker stands on a crane which is parked at a construction site at Keihin industrial zone in Kawasaki, south of Tokyo, in this June 13, 2012 file photo. REUTERS/Toru Hanai/Files

April 5, 2019

TOKYO (Reuters) – Japan’s core machinery orders likely rose for the first time in four months in February, a Reuters poll showed on Friday, but weak external demand and the U.S.-China trade war continue to cloud the outlook.

Core machinery orders, a volatile data series regarded as an indicator of capital spending in the following six to nine months, likely grew 2.5 percent in February from a month earlier, the poll of 17 economists showed.

In January, orders dropped 5.4 percent from the previous month.

To economists, the anticipated gain in February is not strong enough to change a trend of lackluster core machinery orders, which exclude those for ships and electric power utilities.

“Uncertainty over the economic outlook has risen globally and firms are cautious about investment, especially high-tech companies,” said Takumi Tsunoda, senior economist at Shinkin Central Bank Research Institute.

Compared with one year earlier, core orders in February are expected to have fallen 5.2 percent in February, according to the poll.

The trade friction between the United States and China is a major risk for Japan, as it ships electronics parts and heavy machinery to China as well as makes finished products for the United States and other markets.

The Cabinet Office will announce the machinery orders data at 8:50 a.m. Wednesday, April 10, Tokyo time.

The Reuters poll also showed an expectation that Japan’s current account likely had a surplus of 2.68 trillion yen ($24.00 billion) in February after 600.4 billion yen in January.

A weak yen likely inflated income from investments overseas, which contributed to a wider payments surplus, analysts said.

The finance ministry will release the February current account balance at 8:50 a.m. Tokyo time on April 8.

The poll also showed the Bank of Japan’s corporate goods price index (CGPI), which measures the prices companies charge each other for goods and services, increased 1.1 percent in March from a year earlier, after a 0.8 percent gain in February.

Price gains in oil-related items and chemical products lifted the index, analysts said.

($1 = 111.66 yen)

(Reporting by Kaori Kaneko; Editing by Richard Borsuk)

Source: OANN

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Croatians demand more action against domestic violence

Thousands of people have rallied in Croatia demanding government action against domestic violence after a man threw his four small children from a balcony, seriously injuring them.

The attack last month on the Adriatic Sea island of Pag has sent shock waves through the Balkan nation, inspiring a #spasime (save me) movement on social networks.

The protesters gathered Saturday in Zagreb, the capital, and other Croatian cities. They carried banners reading "Zero Tolerance" or "No to violence."

Croatian media say Prime Minister Andrej Plenkovic came to Saturday's rally, demanding tougher measures against perpetrators of domestic violence and more prevention.

The children in Pag, ranged in age from 3 to 8 and were tossed by their father from a height of 6 meters (20 feet).

Source: Fox News World

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Austria Scraps Asylum Reception Centers – Converts Them to Departure Centers

The centers of initial reception of refugees in Austria will become the centers of departure starting on March 1, with thorough checks of asylum applicants’ identities being introduced there, Austrian Interior Minister Herbert Kickl said on Monday.

“I can inform you that starting on March 1 of this year there will no longer be initial reception centers in Austria, but there will be centers of departure [from Austria],” Kickl said at a press conference.

Faith Goldy and Martina Markota join Alex Jones to break down the globalists’ plot to demoralize patriots.

According to the minister, the centers will be carefully checking the identities of people applying for asylum.

“We will study the trip routes of the newcomers and, of course, predict the potential threat from them, cooperating with the police and, when necessary, with experts from the regional and federal agencies for the protection of the constitution and the fight against terrorism [counterintelligence],” he said.

(Photo by European People’s Party, Flickr)

In addition to travel routes, the centers will also quickly find out the reasons for seeking asylum, and in the absence of the grounds to stay in Austria, migrants will be given advice on how to return to the country from which they came.

The minister also noted that migrants would be offered to sign a voluntary agreement for mandatory presence at the centers from 10:00 p.m. (21:00 GMT) to 6:00 a.m. (5:00 GMT).

European countries have been experiencing a severe migration crisis since 2015 due to the influx of thousands of migrants and refugees, fleeing crises and poverty in the Middle East and North Africa.

Grant from Iowa points out that the North Korean government has criticized the Democrats for “chilling the atmosphere” with their negative comments on the current peace talks between the U.S. and North Korea.

Source: InfoWars

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Venezuela denies EU lawmakers entry given ‘conspiratorial motives’

FILE PHOTO: Venezuela Minister of Foreign Affairs Jorge Arreaza responds to questions in the press briefing room at the United Nations Headquarters in New York
FILE PHOTO: Venezuela Minister of Foreign Affairs Jorge Arreaza responds to questions in the press briefing room at the United Nations Headquarters in New York, U.S. February 12, 2019. REUTERS/Andrew Kelly

February 18, 2019

CARACAS (Reuters) – Venezuela denied a group of European Parliament deputies entry into the country on Sunday, arguing they had “conspiratorial motives” for flying to Caracas in the throes of a political crisis.

The European Parliament last month joined a slew of Western nations in recognizing Venezuelan opposition chief Juan Guaido as interim head of state after President Nicolas Maduro won a second term in an election last year that critics denounced as a sham.

The four deputies from the center-right European People’s Party (EPP) were traveling to Venezuela to meet with Guaido, one of them said in a video distributed via social media.

“They have retained our passports, they haven’t communicated the reason for our expulsion,” Esteban González Pons said.

Venezuelan Foreign Minister Jorge Arreaza said on his Twitter account that the lawmakers had been advised several days ago they would not be allowed entry into the South American country.

Venezuela would “not permit the European extreme right to disturb the peace and stability of the country with another of its rude, interventionist actions,” he wrote.

There is growing pressure on Maduro at home and abroad to step down so that Guaido can head an interim government to organize free elections. Maduro, who retains the backing of Russia and China, says he is the victim of a coup.

(Reporting by Mayela Armas; Writing by Sarah Marsh; Editing by Sandra Maler)

Source: OANN

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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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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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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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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