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WTA roundup: Keys stops Stephens in Charleston

Tennis: BNP Paribas Open-Day 6
FILE PHOTO: Mar 9, 2019; Indian Wells, CA, USA; Madison Keys (USA) during her second round match against Mona Barthel (not pictured) in the BNP Paribas Open at the Indian Wells Tennis Garden. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY Sports

April 6, 2019

The stakes weren’t nearly as high, but Madison Keys finally got a win against Sloane Stephens, who beat her in the 2017 U.S. Open final.

Keys, the eighth seed, emerged with a 7-6 (6), 4-6, 6-2 victory Friday over top-seeded Stephens in an all-American quarterfinal at the Volvo Car Open in Charleston, S.C. It was Keys’ first win in four career meetings with Stephens.

Keys advances to a semifinal matchup with Puerto Rico’s Monica Puig, who routed 11th-seeded American Danielle Collins 6-3, 6-2 on the clay.

The other semifinal will feature fifth-seeded Dane Caroline Wozniacki and 16th-seeded Croatian Petra Martic. Wozniacki cruised past 15th-seeded Maria Sakkari of Greece 6-2, 6-2, and Martic topped ninth-seeded Belinda Bencic of Switzerland 6-3, 6-4.

Abierto GNP Segueros

Second-seeded Garbine Muguruza of Spain advanced to the semifinals at Monterrey, Mexico, beating seventh-seeded Kristina Mladenovic of France 6-1, 7-6 (5) in a match that featured an usual set.

Mladenovic lost each of her final three service games in the first set, and then Muguruza lost her serving touch in the second set, too. The second set featured eight service breaks, and a whopping 21 break points, before Muguruza ultimately won in a tiebreaker.

Muguruza’s semifinal opponent will be eighth-seeded Slovakian Magdalena Rybarikova, who beat American Sachia Vickery 6-4, 6-4.

The other two quarterfinal matches were scheduled for Friday night: top-seeded Angelique Kerber of Germany against No. 6 Kirsten Flipkens of Belgium, and fifth-seeded Victoria Azarenka of Belarus against No. 3 Anastasia Pavlyuchenkova of Russia.

–Field Level Media

Source: OANN

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Danish police detain 23 after provocateur sparks violence

Danish police say 23 people have been detained for violence after a far-right provocateur tossed a copy of the Quran in the air in an immigrant neighborhood in Copenhagen.

Copenhagen police said Monday the detainees were suspected of being behind dozens of arson fires of cars and garbage containers mainly in Noerrebro, an immigrant district in the Danish capital.

The unrest started after Rasmus Paludan, a lawyer who cites freedom of speech rights as he stages demonstrations across Denmark under heavy police protection, threw Islam's holy book in the air several times in Noerrebro.

Danish Prime Minister Lars Loekke Rasmussen called Paludan's demonstration "a meaningless provocation."

Source: Fox News World

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Nissan committee says facts point to private use of company funds by Ghosn

FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo

March 27, 2019

YOKOHAMA, Japan (Reuters) – An external committee tasked with improving governance at Nissan Motor Co said on Wednesday there were sufficient facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn.

The committee, which has been scrutinizing Nissan’s corporate governance since the start of the year, said in its report that the concentration of all authority on Ghosn was the primary root cause of the misconduct.

It recommended that a majority of directors be independent and recommended that the role of company chairman should be abolished, while an independent, outside director should be chairman of the board.

Following the arrest and ouster of Ghosn, Nissan has pledged to overhaul the way it allocates corporate responsibilities, after admitting that too much control had been placed with Ghosn before his arrest late last year.

Ghosn, who was recently released on $9 million bail after spending more than 100 days in a Tokyo detention center, has called the charges against him “meritless”.

(Reporting by Naomi Tajitsu; Writing by David Dolan; Editing by Jan Harvey)

Source: OANN

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Bond yield curveball stalls global stocks rally

The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 29, 2019. REUTERS/Staff/File Photo

March 31, 2019

By Josephine Mason

LONDON (Reuters) – This year’s roaring rally in world equities ran into sand by the end of the quarter, with warning signs from bond markets, U-turns from central banks and persistent trade worries scattering consensus about what happens over the rest of 2019.

The pan-European STOXX 600 index has climbed 12.2 percent in the first three months of the year, its best quarter in four years, while the S&P 500 is on track for its biggest quarterly gain in nearly a decade.

A bounceback was expected after the historic rout in late 2018, but few investors predicted the size of the rebound or the scale of the about-turn by European and U.S. central banks on interest rates that helped fuel it.

The majority of the gains were logged in January – between 6 and 8 percent – as dovish comments from the Federal Reserve, economic stimulus in China and easing trade tensions between Beijing and Washington soothed worries about slowing economic growth.

In March, however, the pace slowed to 1 percent as euphoria over slower rate hikes turned to worries about what the uber-dovish Fed and ECB stance said about the world economy amid tepid U.S. and euro-zone growth.

Now few are taking a strong view.

“People are wondering if they’ve missed the rally and then they think it doesn’t make sense to invest when the curve is inverted and the economy is slowing,” said Willem Sels, chief market strategist at HSBC Private Banking.

He reckons global stocks have the potential to rise another 5 to 7 percent, with the inversion of the bond yield curve overdone.

“The next few weeks will be more volatile, people are going to be concerned until they see the data improve and Q1 earnings might not be very good so we’re in a zone of higher volatility,” he said.

A poll of investors across the globe in February revealed the wide dispersion of views about how equities will fare over the next 12 months, illustrating the lack of consensus across the market.

Take the estimates for the S&P 500: The highest called for the index to rise 25 percent, while the most bearish pegged the market falling by around 10 percent by mid-2020.

Europe displayed a similar disparity, with estimates ranging between a 15 percent rise and a plus-20 percent increase for the STOXX 600.

In the end, the median forecast for the pan-European STOXX 600 and FTSE 100 were level with the current markets, suggesting that gains across stocks have run their course.

(Graphic: Stocks poll forecasts – https://tmsnrt.rs/2Wp4txY)

(Graphic: Stocks poll forecasts 2 – https://tmsnrt.rs/2Wpouoa)

For an interactive version of these charts, click here:

https://tmsnrt.rs/2Wgtc7w

https://tmsnrt.rs/2WmcQu3

Implied volatility in European and U.S. stock markets, often viewed as a gauge of fear, also plunged in the first quarter. The Wall Street fear gauge has more than halved to 13 points from the December peaks, while the same measure in Europe dropped to a third of its late-2018 highs.

(Graphic: The VIX volatility gauge falls by half in Q1 2019 – https://tmsnrt.rs/2V4QE7o)

(Graphic: Global market asset performance 2019 – https://tmsnrt.rs/2HMUijc)

For an interactive version of these charts, click here:

https://tmsnrt.rs/2V2WLsT

https://tmsnrt.rs/2HN0aJE

YIELD CURVEBALL

Capping off a wild quarter were big gyrations in U.S. bond yields last week, which plunged investors deeper into confusion.

With 10-year U.S. bond yields below 3-month T-bill rates for the first time in more than a decade, recession fears were swirling.

But the 2- to 10-year yield curve steepened, offering conflicting signals that there was no cause for alarm.

After all, the world economy is actually chugging along at a decent clip, company earnings are still growing, albeit more slowly, and leading central banks are increasingly dovish.

While it might take months before the markets settle – and it’s dependent on decent macroeconomic data – Wouter Sturkenboom, chief investment strategist for EMEA and APAC at Northern Trust, reckons the bond moves have been overplayed.

“We believe government bonds are overdoing it right now. That’s a vote of no confidence in the Fed and its communication strategy. That’s why we are not de-

(Graphic: U.S. yield curve inverts for first time since 2007 – https://tmsnrt.rs/2UNVc1P)

To break stocks out of their lethargy, investors need some decent macroeconomic data and first-quarter earnings to restore battered confidence.

“We’ve gone a long way now toward pricing in the central banks, and for risk assets to push on into Q2 we are going to need growth to pick up the baton,” said Paul O’Connor, head of Janus Henderson’s UK-based multi-asset team.

“The way risk assets have begun to react to the yield curve is further confirmation that risk assets have probably extracted as much positivity as they can from lower yields.”

But analysts have slashed their 2019 earnings forecasts to their lowest in three years, and most expect the coming earnings season to be weak.

Companies listed on the S&P 500 index are expected to report a 1.9 percent contraction in earnings in the first quarter, down from almost 17 percent growth in the fourth quarter and the worst performance in years, according to I/B/E/S Refinitiv.

European STOXX 600-listed companies are expected to deliver 2.1-percent year-on-year earnings growth, the slowest since the third quarter of 2017.

After such a breathtaking run-up, Justin Onuekwusi, fund manager at Legal & General Investment Management, said he’s not overly concerned that stocks are now taking a breather.

“We have had such a strong bounceback, but markets don’t go in a straight line. It is inevitable you will get some kind of respite,” he said.

(Graphic: Earnings growth global March 29 – https://tmsnrt.rs/2CKYuMj)

(Reporting by Josephine Mason; Additional reporting by Helen Reid and Sujata Rao; Graphics by Ritvik Carvalho; Editing by Hugh Lawson)

Source: OANN

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Sheriff: Father fatally runs over boy at Florida restaurant

Authorities say a man accidentally ran over his 3-year-old son in the parking lot of a Florida Waffle House.

The Tampa Bay Times reports the parents of Jeremiah Rios each mistakenly thought the other had put the child in their SUV as they left the restaurant in Brandon on Tuesday night.

Hillsborough County Sheriff's officials say 29-year-old Guillermo Junior Montoya Rios had started to drive away when the right front tire struck the boy, who suffered severe head injuries. The child was taken to Brandon Regional Hospital, where he died.

The sheriff's office says neither drugs nor alcohol were a factor in the accident.

No additional details were immediately available.

Source: Fox News National

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China’s regulator to keep control of Anbang Insurance Group for another year

A company flag and the Chinese national flag fly outside the headquarters of Anbang Insurance Group in Beijing
A company flag and the Chinese national flag fly outside the headquarters of Anbang Insurance Group in Beijing, China, February 23, 2018. REUTERS/Thomas Peter

February 22, 2019

BEIJING (Reuters) – China’s banking and insurance regulator said on Friday it will extend its control of Anbang Insurance Group Co Ltd for one year to Feb. 22, 2020.

The regulator will maintain the stable operation of Anbang and protect the interests of all relevant parties, the China Banking and Insurance Regulatory Commission said in a statement on its website.

The Chinese government took control of Anbang in February last year, part of a sweeping campaign to reduce financial risk. The former chairman of Anbang, Wu Xiaohui, was later sentenced to 18 years in prison by a Chinese court.

(Reporting by Beijing Monitoring Desk; Editing by Muralikumar Anantharaman)

Source: OANN

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European shares ease from eight-month high as miners weigh

The German share price index DAX graph at the stock exchange in Frankfurt
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 16, 2019. REUTERS/Staff

April 17, 2019

By Medha Singh and Susan Mathew

(Reuters) – European shares eased from eight-month highs on Wednesday, weighed down by healthcare and mining stocks while investors looked past better-than-expected first-quarter economic growth in China.

The pan-European STOXX 600 index was down 0.2 percent by 0930 GMT after five straight days of gains. All country indexes were flat to higher except London FTSE 100.

China’s economy unexpectedly steadied in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.

Analysts said it was too early to call a sustainable turnaround there, and further policy support would be needed to maintain momentum.

“The reaction in equity markets was muted after the data release, probably because much of the positivity has already been priced in,” said Hussein Sayed, chief market strategist at FXTM.

The positive China data spurred demand for auto stocks, the most among European sectors, as concerns over global growth eased. The data also pushed Germany’s 10-year government bond yield to a four-week high.

Banks rallied 0.6 percent and drove a 0.3 percent gain in Italy’s bank-heavy.

However, losses in basic resources and healthcare stocks outweighed.

BHP Group PLC fell 3 percent, bringing down London’s FTSE and the STOXX 600 as the world’s biggest miner cut its forecast for iron ore output, a day after rival Rio Tinto slashed its output guidance.

The healthcare sector also dropped 1.3 percent as Novartis fell after Jefferies reduced price target on its shares.

Danone slipped 1 percent after the French food group’s first-quarter sales slowed on weaker demand for infant formula products in China and a consumer boycott in Morocco.

Its peer Nestle SA dropped about a percent ahead of its quarterly report on Thursday.

Bunzl was the worst performer on the pan-European index, down nearly 9 percent after the business supplies distributor said first-quarter growth slowed as the grocery and retail business in its biggest market – North America – remained sluggish.

Also capping losses was the tech sector, helped by a climb in chip stocks and Mobile telecom equipment maker Ericsson.

ASML Holding rose more than 2 percent after the semiconductor equipment maker reported better-than-expected first quarter earnings and repeated it expects growth to accelerate through the year.

European chip stocks – AMS, STMicro, Siltronic, Infineon Technologies – were up between 1.5 percent and 5 percent as U.S. peer Qualcomm Inc surged on Tuesday on an iPhone modem chips deal with Apple Inc.

Ericsson ticked about 3 percent higher after beating first-quarter result forecasts and raising full-year outlook for the global networks market.

Commerzbank shares rose 3 percent after a media report that Dutch bank ING added its name to a list of merger suitors. That followed approaches by Deutsche Bank and Italy’s UniCredit

(Reporting by Medha Singh and Susan Mathew in Bengaluru; editing by John Stonestreet and Angus MacSwan)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

By Jan Wolfe and Richard Cowan

(Reuters) – The “i word” – impeachment – is swirling around the U.S. Congress since the release of Special Counsel Robert Mueller’s redacted Russia report, which painted a picture of lies, threats and confusion in Donald Trump’s White House.

Some Democrats say trying to remove Trump from office would be a waste of time because his fellow Republicans still have majority control of the Senate. Other Democrats argue they have a moral obligation at least to try to impeach, even though Mueller did not charge Trump with conspiring with Russia in the 2016 U.S. election or with obstruction of justice.

Whether or not the Democrats decide to go down this risky path, here is how the impeachment process works.

WHAT ARE GROUNDS FOR IMPEACHMENT?

The U.S. Constitution says the president can be removed from office by Congress for “treason, bribery, or other high crimes and misdemeanors.” Exactly what that means is unclear.

Before he became president in 1974, replacing Republican Richard Nixon who resigned over the Watergate scandal, Gerald Ford said: “An impeachable offense is whatever a majority of the House of Representatives considers it to be at a given moment in history.”

Frank Bowman, a University of Missouri law professor and author of a forthcoming book on the history of impeachment, said Congress could look beyond criminal laws in defining “high crimes and misdemeanors.” Historically, it can encompass corruption and other abuses, including trying to obstruct judicial proceedings.

HOW DOES IMPEACHMENT PLAY OUT?

The term impeachment is often interpreted as simply removing a president from office, but that is not strictly accurate.

Impeachment technically refers to the 435-member House of Representatives approving formal charges against a president.

The House effectively acts as accuser – voting on whether to bring specific charges. An impeachment resolution, known as “articles of impeachment,” is like an indictment in a criminal case. A simple majority vote is needed in the House to impeach.

The Senate then conducts a trial. House members act as the prosecutors, with senators as the jurors. The chief justice of the U.S. Supreme Court presides over the trial. A two-thirds majority vote is required in the 100-member Senate to convict and remove a president from office.

No president has ever been removed from office as a direct result of an impeachment and conviction by Congress.

Nixon quit in 1974 rather than face impeachment. Presidents Andrew Johnson in 1868 and Bill Clinton in 1998 were impeached by the House, but both stayed in office after the Senate acquitted them.

Obstruction of justice was one charge against Clinton, who faced allegations of lying under oath about his relationship with White House intern Monica Lewinsky. Obstruction was also included in the articles of impeachment against Nixon.

CAN THE SUPREME COURT OVERTURN?

No.

Trump said on Twitter on Wednesday that he would ask the Supreme Court to intervene if Democrats tried to impeach him. But America’s founders explicitly rejected making a Senate conviction appealable to the federal judiciary, Bowman said.

“They quite plainly decided this is a political process and it is ultimately a political judgment,” Bowman said.

“So when Trump suggests there is any judicial remedy for impeachment, he is just wrong.”

PROOF OF WRONGDOING?

In a typical criminal court case, jurors are told to convict only if there is “proof beyond a reasonable doubt,” a fairly stringent standard.

Impeachment proceedings are different. The House and Senate “can decide on whatever burden of proof they want,” Bowman said. “There is no agreement on what the burden should be.”

PARTY BREAKDOWN IN CONGRESS?

Right now, there are 235 Democrats, 197 Republicans and three vacancies in the House. As a result, the Democratic majority could vote to impeach Trump without any Republican votes.

In 1998, when Republicans had a House majority, the chamber voted largely along party lines to impeach Clinton, a Democrat.

The Senate now has 53 Republicans, 45 Democrats and two independents who usually vote with Democrats. Conviction and removal of a president would requires 67 votes. So that means for Trump to be impeached, at least 20 Republicans and all the Democrats and independents would have to vote against him.

WHO BECOMES PRESIDENT IF TRUMP IS REMOVED?

A Senate conviction removing Trump from office would elevate Vice President Mike Pence to the presidency to fill out Trump’s term, which ends on Jan. 20, 2021.

(Reporting by Jan Wolfe and Richard Cowan; Editing by Kevin Drawbaugh and Peter Cooney)

Source: OANN

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New England Patriots owner Robert Kraft attends a conference at the Cannes Lions Festival in Cannes
FILE PHOTO: New England Patriots owner Robert Kraft attends a conference at the Cannes Lions Festival in Cannes, France, June 23, 2017. REUTERS/Eric Gaillard

April 26, 2019

(Reuters) – New England Patriots owner Robert Kraft’s lawyers on Friday are set to ask a Florida judge to toss out hidden-camera videos that prosecutors say show the 77-year-old billionaire receiving sexual favors for money inside a Florida massage parlor.

The owner of the reigning Super Bowl champions plans wants the video to not be used as evidence against him as he contests two misdemeanor counts of soliciting prostitution at the Orchids of Asia Spa in Jupiter, Florida, along with some two dozen other men.

His legal team is fresh off a win on Tuesday, when they successfully persuaded Palm Beach County Judge Leonard Hanser to block prosecutors from releasing the hidden-camera footage to media outlets, which had requested copies under the state’s robust open records law.

Kraft, who has owned the franchise since 1994, pleaded not guilty, but has issued a public apology for his actions.

His attorneys have argued in court papers that the surreptitious videotaping of customers, including Kraft, inside a massage parlor was governmental overreach and the result of an illegally obtained search warrant.

The warrant, Kraft’s lawyers claim, was secured under false pretenses because police officers cited human trafficking as a potential crime in their application. Prosecutors have since acknowledged that the investigation yielded no evidence of trafficking.

Palm Beach County prosecutors in a court filing on Wednesday said Kraft’s motion should be rejected because he could not have had any expectation of privacy while visiting a commercial establishment to engage in criminal activity.

That prompted an indignant response from Kraft’s attorneys, who said the prosecution’s position on privacy was “unhinged.”

“It should go without saying that Mr. Kraft and everyone else in the United States have a reasonable expectation that the government will not secretly spy on them while they undress behind closed doors,” they wrote.

(Reporting by Joseph Ax, editing by G Crosse)

Source: OANN

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