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War Room – 2019-Mar-18, Monday – France To Ban Yellow Vest Protests To Save Macron's Presidency

As Globalism around the world is being defeated, any and all protest of Globalism are being snuffed out. From France banning Yellow Vest protests to the internet censorship, the fight for National Sovereignty is in full effect. We also look at how the media continues to try and divide the people on identity and policy.

GUEST // (OTP/Skype) // TOPICS:
Dan Lyman//Skype
Hayes Brothers//Skype
Kaitlin Bennett//Skype
Tyler Baggins//Skype

Source: The War Room

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Apple, luxury brands drop China prices as VAT cuts come into effect

FILE PHOTO: New iPhone X phones are purchased at an Apple Store in Beijing
FILE PHOTO: New iPhone X phones are purchased at an Apple Store in Beijing, China November 3, 2017. REUTERS/Damir Sagolj/File Photo

April 2, 2019

BEIJING (Reuters) – Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect.

Price tags for products listed on the Apple’s China website were lowered on Monday morning, including a discount of up to 500 yuan ($74.44) for some of its latest iPhone models.

Suggested retail prices for brands including LVMH’s Louis Vuitton and Kering’s Gucci were also cut by around 3 percent, according to local media reports.

It follows announcements last month from car brands BMW AG and Mercedes-Benz, which said prices for several car models would drop following the tax changes.

Apple declined to comment on the price cuts, while LVMH and Kering did not immediately respond to requests for comment.

Beijing said in March that it would cut taxes and fees for all companies by nearly 2 trillion yuan in 2019, with the manufacturing, transportation and construction sectors set to benefit as it looks to stimulate a slowing economy.

The world’s second-largest economy is growing at its weakest pace in almost three decades amid lower domestic demand and an ongoing trade war with the United States.

Several Chinese electronics retailers lowered prices for iPhones in January, discounting latest models by up to $118, after weaker-than-expected sales at end-2018.

(Reporting by Cate Cadell; Editing by Himani Sarkar)

Source: OANN

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China producer inflation picks up for first time in 9 months, eases deflation worries

Chinese banknotes are seen at a vendor's cash box at a market in Beijing
Chinese banknotes are seen at a vendor's cash box at a market in Beijing February 14, 2014. REUTERS/Kim Kyung-Hoon

April 11, 2019

By Stella Qiu and Se Young Lee

BEIJING (Reuters) – China’s factory-gate inflation picked up for the first time in nine months in March, edging away from deflationary territory, in a fresh sign that government efforts to boost the economy may be starting to revitalise domestic demand.

Consumer inflation also quickened, jumping to the highest since October 2018 as pork prices soared due to a growing epidemic of swine fever, official data showed on Thursday.

The step-up in producer inflation, while slight, will likely add to optimism that the world’s second-largest economy is slowly starting to turn the corner, after recent surveys showed factory activity expanded for the first time in months.

But analysts urge caution, saying it will take a few more months of better data and further policy support from Beijing to see if a recovery can be sustained.

China’s producer price index (PPI) in March rose 0.4 percent from a year earlier, in line with analysts’ forecasts in a Reuters poll and advancing from a 0.1 percent increase in February, the National Bureau of Statistics (NBS) said.

Most of the gain was in mining, with prices in extraction rising 4.2 percent on-year, up from 1.8 percent in February. Drops in raw material prices also moderated.

But improvements may have been due more to changes in commodity prices than stronger demand. Prices of consumer durables fell for a second month, pointing to lingering weakness in demand for big-ticket items such as cars and appliances.

“Looking ahead, we expect oil prices to fall back in the coming months. This will drag down PPI… Meanwhile, continued economic weakness is likely to keep a lid on broader price pressures,” said Julian Evans-Pritchard, Senior China Economist at Capital Economics.

On a monthly basis, producer prices increased for the first time in five months. The index inched up 0.1 percent, compared with a 0.1 percent decrease in February.

The world’s second-largest economy is growing at its weakest pace in almost three decades amid weaker domestic demand and a year-long trade war with the United States. Multi-year campaigns to curb debt risks and pollution have deterred fresh investment.

In response, Beijing plans more spending on roads, railways and ports, which is expected to push up demand for and prices of construction materials. Prices of steel reinforcing bars used in building hit 7-1/2 years highs this week.

Last month, the government announced nearly 2 trillion yuan (227 billion pounds) in additional tax cuts to ease the pressure on corporate balance sheets, while authorities are pressing banks to keep lending to struggling smaller firms.

Cuts in value-added tax (VAT) that kicked in on April 1 have already led authorities to reduce prices for electricity and natural gas. Retail gasoline and diesel prices are to be reduced as well.

A growing number of companies ranging from Apple Inc to BMW have lowered prices for their products following the tax cuts.

SWINE FEVER DRIVING UP PORK PRICES

The consumer price index (CPI) in March rose 2.3 percent from a year earlier, a five-month high, largely due to higher pork prices as the spread of African swine fever prompts farmers to cull their herds.

That was more than a 1.5 percent increase in February but just below market expectations for a 2.4 percent rise.

Pork prices rose 5.1 percent in March from a year earlier, the first increase after a 25-month declining streak.

On a month-on-month basis, CPI rose 1.2 percent.

Some analysts forecast pig production in China, which eats about half of the world’s pork, will fall by around 30 percent in 2019, which would send meat prices soaring.

But economists say the central bank is unlikely to overreact to a food price spike if it appears temporary and core inflation, which strips out volatile energy and food prices, remains steady.

Non-food consumer inflation was 1.8 percent on-year, just a touch more than February.

(Reporting by Stella Qiu and Se Young Lee; Editing by Kim Coghill)

Source: OANN

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European rights body urges Turkey to respect voters’ choice

Europe's human rights watchdog is urging Turkey to respect voters' decisions after electoral authorities blocked some newly elected district mayors from taking office despite winning local elections on March 31.

The Council of Europe on Friday also urged Turkey to confirm the final results of the vote in Istanbul, where the opposition candidate apparently has won a tight race after a recount. President Recep Tayyip Erdogan's ruling party has refused to concede defeat and is preparing to appeal for a rerun of that vote, citing irregularities.

Anders Knape, a senior official at the Council of Europe, says "the implementation of the will of the voters has absolute priority in democratic systems."

In a controversial decision, Turkey's electoral board has refused to reappoint mayors fired from government positions after a failed coup in 2016.

Source: Fox News World

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Industrial policy row masks deeper German struggle over post-Merkel era

FILE PHOTO: Christian Democratic Union (CDU) party congress in Berlin
FILE PHOTO: German Chancellor Angela Merkel talks to Peter Altmaier during a Christian Democratic Union (CDU) party congress in Berlin, Germany, February 26, 2018. REUTERS/Fabrizio Bensch -/File Photo

April 15, 2019

By Andreas Rinke and Paul Carrel

BERLIN (Reuters) – After a brief ceasefire, Angela Merkel’s Christian Democrats are fighting among themselves again over the future shape and leadership of their party as the chancellor stage-manages her exit as German leader.

The battle, ostensibly over a new industrial strategy led by Economy Minister Peter Altmaier, is symptomatic of a deeper struggle in the party over its future and has broken a truce agreed in December after a divisive leadership contest.

At stake are both the direction the Christian Democratic Union (CDU) takes as it starts to chart a course for the post-Merkel era, and the prospects of Annegret Kramp-Karrenbauer – the new party leader and Merkel’s protege.

The debate pits supporters of a more interventionist industrial policy like Altmaier against CDU traditionalists who seek to limit the state’s role to creating the right legal framework for competition to flourish. They see this approach, known as “ordo-liberalism”, as key to Germany’s postwar economic revival.

Altmaier was forced on Friday to dismiss reports his job was under threat from Friedrich Merz, who narrowly lost out to Kramp-Karrenbauer in December’s run-off vote to decide the CDU leadership.

“This standoff is clearly about the future of the CDU,” said Carsten Nickel at Teneo Intelligence, a consultancy.

“Under Merkel, the party has focused on the new urban middle classes. The looming end of that era seems to be reinvigorating the more traditional parts of the CDU’s base such as small business owners,” added Nickel. “Merz is their hero.”

Altmaier, a close Merkel ally and formerly her chief of staff, annoyed the CDU’s free-market-loving base in February with plans for a more defensive industrial strategy that could see Berlin buy stakes in companies to prevent foreign takeovers.

His policy pivot was driven by concerns about Chinese firms acquiring German know-how, but by riling CDU traditionalists it has challenged Kramp-Karrenbauer to define her economic stance.

A social conservative, Kramp-Karrenbauer is pragmatic and more centrist on economic policy, like Merkel, whom she is in pole position to succeed after winning the CDU leadership that the chancellor decided last year not to seek again.

But her narrow margin of victory over Merz – 517 votes to 482 in a run-off – means she is taking care to appeal to the CDU’s conservative business base, which he represents.

To that end, Kramp-Karrenbauer appeared with Merz at a CDU campaign rally on Friday ahead of European elections in May.

CDU conservatives, led by former finance minister Wolfgang Schaeuble, warm to Merz, a businessman, who would have a platform for a potential run for chancellor if he were to take over as economy minister.

BALANCING ACT

A CDU source dismissed as “nonsense” the idea that Merz could replace Altmaier. Asked whether Merz was after his job, Altmaier told Deutschlandfunk radio on Friday: “I do not have the impression that a plot is being hatched in the party.”

But one senior German official said Altmaier was isolated in his own ministry over his industrial policy plan: “The minister is very committed to this. But if you talk to the ministry officials, it is very different.”

Carsten Linnemann, head of the MIT group that represents small and mid-sized businesses in Merkel’s conservative bloc, called for “corrections” to Altmaier’s industry plans.

“But it is unfair to make Mr Altmaier the economic lobby’s scapegoat for its discontent with the grand coalition,” he said.

Altmaier remains a close Merkel ally and his position is not in jeopardy, government sources say.

“Altmaier is not up for discussion,” said one. “Of course there are differences, like over the industry policy proposals. The chancellor has said these can be discussed in detail. But it was her express wish that Altmaier kick off a debate.”

He may nonetheless be forced out in the longer term, especially if Kramp-Karrenbauer keeps close to Merz.

Like Kramp-Karrenbauer, known as ‘AKK’ after her initials, Altmaier is from the tiny western state of Saarland. Should she become chancellor, two CDU Saarlanders in the cabinet may be one too many for other party members from bigger states.

Kramp-Karrenbauer has been working hard to unite the CDU and improve ties with its Bavarian sister party, the Christian Social Union, which last year clashed with their Social Democrat (SPD) allies and pushed the ruling coalition close to collapse.

However, a series of gaffes this year – most recently poking fun at trans-gender people – have raised questions about her suitability for the highest office. She needs to be careful with her policy positions as well as watching her style.

If Kramp-Karrenbauer moves too far right and the left-leaning SPD performs poorly in European elections, a state vote in Bremen – also in May – or regional polls in eastern Germany in the autumn, the party could decide to rebuild in opposition.

The SPD only joined the coalition after a bitter internal debate last year.

“AKK is catering heavily to the traditionalist right now,” said Nickel. “But the risk for the coalition is that this rightist turn will provoke a nervous SPD to pull the plug later this year.”

(Additional reporting by Andrea Shalal; Editing by Gareth Jones)

Source: OANN

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People want higher taxes on rich, better welfare: 21-country OECD survey

FILE PHOTO: Protesters wearing yellow vests walk down the Champs Elysees during a demonstration by the
FILE PHOTO: Protesters wearing yellow vests walk down the Champs Elysees during a demonstration by the "yellow vests" movement in Paris, France, March 9, 2019. REUTERS/Philippe Wojazer/File Photo

March 19, 2019

By Leigh Thomas

PARIS (Reuters) – A strong majority of people in wealthy countries want to tax the rich more and there is broad support for building up the welfare state in most countries, a survey conducted for the OECD showed on Tuesday.

In all of the 21 countries surveyed, more than half of those people polled said they were in favor when asked: “Should the government tax the rich more than they currently do in order to support the poor?” The OECD gave no definition of rich.

Higher taxation of the rich has emerged as a political lightning rod in many wealthy countries, with U.S Democrats proposing hikes and “yellow vest” protesters in France demanding the wealthy bear a bigger tax burden.

Support was highest in Portugal and Greece, both emerging from years of economic crisis, at nearly 80 percent compared with an average of 68 percent, the Organisation for Economic Cooperation and Development said.

The Paris-based forum’s survey of 22,000 people about perceived social and economic risks also found deep discontent with governments’ social welfare polices, which many people said were insufficient, the OECD said.

On average, only 20 percent said they could easily receive public benefits if needed while 56 percent thought it would be difficult to get benefits, the survey found.

People were on average particularly concerned about access to good quality, affordable long-term care for the elderly, housing and health services.

Not only did people say they were not getting their fair share given what they paid into the system, people in all countries except Canada, Denmark, Norway and the Netherlands did not think that their governments were heeding their views.

“These feelings spread across most social groups, and are not limited just to those deemed ‘left behind’,” the OECD said in an analysis of the survey’s results.

The feeling of injustice was even higher among the highly educated and high-income households, it added.

In light of the high level of discontent, a majority of people wanted their government to do more in all countries except France and Denmark, whose welfare systems are among the most generous in the world.

Most people said the top priority should be better pensions with 54 percent saying that would make them feel more economically secure.

Healthcare followed in second place at 48 percent while nearly 37 percent were in favor of a guaranteed basic income benefit, which has attracted international interest from policymakers but has yet to be tried at the national level.

(Reporting by Leigh Thomas; Editing by Richard Lough and Janet Lawrence)

Source: OANN

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Father of American boy killed in Sri Lanka Easter bombing says terrorist ‘don’t know what they took’

The grief-stricken father of the young Washington DC boy killed in Sri Lanka’s Easter Sunday bombings broke his silence on Monday, saying the terrorists who murdered his son have no idea what they took away from the world.

“The terrorists didn’t know who they were killing. But we should know what the world lost, what they took from the world,” grieving father Alex Arrow told ABC News of his 11-year-old son Kieran Shafritz de Zoysa.

SRI LANKA EXPATS WAIT TO RECONNECT AMID SOCIAL MEDIA BLOCK

“A brilliant mind who — who was going to be a neuroscientist and — he won’t make it to his 12th birthday.”

The fifth-grader was a “very self-driven” world-traveler who’d visited five continents with his mother, Arrow said.

Shafritz de Zoysa had been in Sri Lanka’s capital Colombo with his mother on Easter Sunday when a series of suicide bombs were set off in hotels and Christian churches across the South Asian nation, killing him and at least 311 others. His mother survived.

“She devoted her life to him,” Arrow said about the boy’s mother. “She sacrificed all of her time to be with him everywhere. To give him the culture of all of these places.”

SRI LANKA ON EDGE AFTER LOCAL ISLAMIC MILITANT GROUP BLAMED FOR EASTER SUNDAY ATTACKS: REPORT

The student at the posh Sidwell Friends school in DC, which the Obama daughters attended, was slated to return to the US in July. He was hoping to attend Harvard like both of his parents.

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“I don’t know what’s in the mind of a terrorist. I’m sure they don’t know what they took,” Arrow said. “They just blew themselves up, they have no idea. No idea. His story should be told.”

Source: Fox News World

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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Al-Qaida in Yemen is vowing to avenge beheadings carried out by Saudi Arabia this week — an indication that some of the 37 Saudis executed on terrorism-related charges were members of the Sunni militant group.

Al-Qaida in the Arabian Peninsula, as the branch is called, posted a statement on militant-linked websites on Friday, accusing the kingdom of offering the blood of the “noble children of the nation just to appease America.”

The statement says al-Qaida will “never forget about their blood and we will avenge them.”

U.S. ally Saudi Arabia on Tuesday executed 37 suspects convicted on terrorism-related charges. Most were believed to be Shiites but at least one was believed to be a Sunni militant.

His body was pinned to a pole in public as a warning to others.

Source: Fox News World

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For two friends with checkered pasts it was the luck of a lifetime: a 4 million-pound ($5.2 million) lottery win.

But Mark Goodram and Jon-Ross Watson may see their celebrations cut short.

The Sun newspaper reports that Britain’s National Lottery is withholding the payout as it investigates whether the men, who have a string of criminal convictions, used illicit means to buy the winning ticket.

The Sun said neither man has a bank account, leading lottery organizers to investigate how they obtained the bank-issued debit card that paid for the 10 pound ($13) scratch card.

Camelot, which runs the lottery, said Friday it couldn’t confirm details of the story because of winner-anonymity rules. The firm said it holds a “thorough investigation” if there is any doubt about a claim.

Source: Fox News World

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