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Tariff, enforcement issues still hurdles to U.S.-China trade deal: U.S. Chamber

FILE PHOTO - Chinese FM Wang Yi meets with U.S. executive vice president and head of International Affairs at the Chamber of Commerce in Beijing
FILE PHOTO - Myron Brilliant, executive vice president and head of International Affairs at the U.S. Chamber of Commerce speaks during a meeting with Chinese State Councilor and Foreign Minister Wang Yi (not pictured) at the Ministry of Foreign Affairs in Beijing, China February 19, 2019. Wu Hong/Pool via REUTERS

April 2, 2019

WASHINGTON (Reuters) – A trade deal between the United States and China is now more likely to be achieved than not, a top U.S. Chamber of Commerce official said on Tuesday, adding that negotiators needed to show progress this week on an enforcement mechanism and a plan to lift U.S. tariffs on Chinese goods.

If the two sides did not get closer to a deal this week, the timing of an agreement could slip by a few weeks, said Myron Brilliant, the Chamber’s head of international affairs.

“We’re getting to the point where it’s clear that both governments want a deal. The presidents want a deal, and they need to get through the end-game issues. This is a critical week,” Brilliant told reporters ahead of another round of U.S.-China trade negotiations starting on Wednesday.

(Reporting by David Lawder and Chris Prentice; Editing by James Dalgleish)

Source: OANN

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Will Consumers Benefit From the Streaming Wars?

Netflix was the poster child of technological “disruption” when it first rolled out its video streaming app. For less than $10 a month, users could watch any movies or TV shows they wanted from a vast library that seemed unrestricted by production company or brand.

Netflix built an empire that media companies everywhere admired — and eventually, wanted to copy.

A handful of competitors, including Hulu and Amazon Prime, have emerged to threaten some of Netflix’s market share, but even more competitors are coming — and the landscape is becoming more aggressive.

For example, Disney is planning to launch Disney Plus later this year and taking all its Disney core, Star Wars, and Marvel branded franchises with it. AT&T, Facebook, Apple, and Viacom are all planning to launch services of their own, presumably hoarding whatever media properties they can get their hands on and producing new content to dominate even more exclusive content.

This has led to a phenomenon increasingly being referred to as the “streaming wars,” and consumers are going to have to start making some hard choices.

The Streaming Wars

For many years, cable was the go-to choice to have practically unlimited content options. Though it’s possible to find a competitively priced cable service in your area, some plans were ridiculously expensive and complex to maintain. Streaming in the early days of Netflix was a low-cost, all-in-one alternative.

But in the years to come, each streaming app will presumably offer a basket of original exclusives, and not much else.

If a consumer wants access to all of the best-reviewed movies and TV shows of a given timeframe, they’ll have no choice but to subscribe to many different streaming apps simultaneously. Even at the low rate of $10 per month, per subscription, this can quickly spiral out of control, making users pay an egregious sum of money and manage dozens of different subscriptions.

Ultimately, this increased competition will undermine two of the biggest advantages streaming had in the first place: low prices and user convenience. How will users react when confronted with an industry whose biggest advantages have been reversed?

User Choices

Few users will be willing to subscribe to every streaming app. But if they want access to the latest and greatest content, they’ll have to make a decision.

This could mean:

  • Increased piracy. There’s already evidence to suggest that the rise of new streaming services is leading to an increase in media piracy. Content pirates took a break from illegally distributing content (for free) when there was a single, low-cost way to watch the content they wanted. Now that the costs are rising and the selection is becoming more limited, users are resorting to piracy to meet their content desires. If pushed far enough, it could end up stifling the revenue available to the entire industry.
  • A return to cable TV. Cable companies have been well aware of the threat that streaming services have presented. That’s why they’ve come up with inventive alternatives, including streaming services and new content packages designed to make things less expensive and more convenient for customers. If streaming services continue to look less and less appealing, customers might start going back to their cable providers.
  • Silos. Clusters of customers may choose to stick with one company due to being a loyal subscriber for years, or because they disproportionately favor one or two original series from that brand. Over time, this can lead to a kind of “siloing” effect, where some customers are wholly unaware of original content produced by other brands. These silos could end up segmented by area, by demographic, or by less obvious factors.

Room for Disruption

There is significant room for disruption in this new streaming model.

The streaming wars are going to be good for the individual media companies competing for a slice of the pie — after all, many of them will be generating revenue from streaming for the first time, which is almost automatically a net positive — but bad for the streaming industry as a whole. Customers are going to be faced with more aggressive competitors and stratified competition, as well as higher prices for a narrower selection of content choices. This kind of strife is exactly what typically opens the door to a truly novel competitor — something new that defies expectations and wins the market share.

Startup entrepreneurs and innovators are already brainstorming how to take advantage of this.

It could be a “best of” app that neutrally consolidates the best original series from each streaming service, or a “pay as you go” plan that allows you to only pay for the TV shows or movies you watch, regardless of which platform you’re using. In any case, the industry’s about to get more complicated.

Larry Alton is a professional blogger, writer, and researcher. A graduate of Iowa State University, he's now a full-time freelance writer and business consultant.Currently, Larry writes for Entrepreneur.com, Inc.com, and Forbes.com, among others. In addition to journalism, technical writing and in-depth research, he’s also active in his community and spends weekends volunteering with a local non-profit literacy organization and rock climbing. Follow him on Twitter (@LarryAlton3), at LinkedIn.com/in/larryalton, and on his website, LarryAlton.com. To read more of his reports — Click Here Now.

Source: NewsMax America

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Peru: British environmentalist was dead when he was burned

A Peruvian forensic expert says a British Catholic missionary and environmental activist died before his body was burned at a youth hostel he ran in the Amazon region.

Loreto region chief forensic doctor Francisco Moreno told The Associated Press that that no carbon dioxide was found in Paul McAuley's blood, ruling out burning as the cause of death.

The 71-year-old missionary was found death on Tuesday at the shelter he founded for indigenous schoolchildren.

Prosecutors have not yet said if McAuley was murdered or what the motive might have been. They have been collecting evidence and interviewing the students.

Moreno said Thursday that additional tests are being carried out.

In 2004, McAuley and environmentalists opposed then-President Alan Garcia's moves to open up the Amazon to mining and oil exploration.

Source: Fox News World

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Swedish teen climate activist joins London protest as arrests top 830

Extinction Rebellion protest in London
Swedish environmental activist Greta Thunberg speaks during the Extinction Rebellion protest at Marble Arch in London, Britain April 21, 2019. REUTERS/Hannah McKay

April 21, 2019

LONDON (Reuters) – Swedish teenage environmental activist Greta Thunberg on Sunday urged hundreds of climate-change protesters in London to never give up their campaign to save the planet as police arrests over disruptions to the city’s landmarks rose above 830.

Climate group Extinction Rebellion has targeted sites such as Oxford Circus and Waterloo Bridge in a campaign of non-violent civil disobedience with the aim of stopping what it calls a global climate crisis.

Police said the number of arrests in connection with the protests rose to 831 on Sunday, and 40 people had been charged with offences such as obstructing a highway and obstructing the police.

Thunberg, a 16-year-old student, spoke to hundreds of activists at Marble Arch, one of a number of London landmarks that have been brought to a standstill over seven days of direct action. Police were allowing the protest to continue at the site.

“We are the ones making a difference – we the people in Extinction Rebellion and the children’s School Strike for the Climate – we are the ones making a difference,” she told cheering crowds.

“And we will never stop fighting, we will never stop fighting for this planet, for ourselves, our futures and for the futures of our children and grandchildren.”

Thunberg inspired a movement of children against global warming when she took a stand in front of Stockholm’s Parliament House last August with her “school strike for climate” sign.

Thousands of students around the world have since copied her, and the schoolgirl took her campaign to European leaders in Strasbourg on Tuesday and to the Vatican, where she met Pope Francis, on Wednesday. [nL5N21Y566] [nL5N21Z31L]

London police said they had moved protesters from roads around Oxford Circus, Piccadilly Circus and Parliament Square, and they were working to re-open Waterloo Bridge.

Metropolitan Police Commissioner Cressida Dick said on Saturday that the protests had caused “miserable disruption”. She said there were now 1,500 police officers, up from 1,000 previously, working to clear the roads. [nL5N2220GH]

(Reporting by Hannah McKay, Writing by Paul Sandle; editing by Emelia Sithole-Matarise)

Source: OANN

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Gunfire at family gathering in Chicago wounds at least 6, including 2 children

An 8-year-old boy and 10-year-old girl were among at least six victims in a drive-by shooting Saturday evening that targeted a family party in a neighborhood on Chicago’s South Side, authorities said.

The shots were fired just before 6:30 p.m. from a red Chevrolet Equinox, Chicago police said.

ARIZONA MAN ARRESTED IN FATAL ROAD-RAGE SHOOTING OF GIRL, 10

Both children were rushed to a hospital where they were in stable condition, the Chicago Sun-Times reported, citing police. The 8-year-old boy was shot in his back and chest, and the girl was shot in a shin, authorities said.

The four adult victims included a 29-year-old woman shot in a shoulder and her chest, a 42-year-old man shot twice in a hip, a 23-year-old man hit in a foot, and a 28-year-old man wounded in a shoulder, police said.

The adult victims were all rushed to hospitals, where all were stabilized except for the woman, who was listed in critical condition, the paper reported.

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The scene provided little physical evidence for investigators, who were reviewing surveillance footage from nearby cameras, the Sun-Times reported.

Witnesses were not cooperating with officers, Chicago police spokesman Anthony Guglielmi said. Some witnesses told FOX32 Chicago the event was a baby shower, but police only confirmed it was a "family gathering."

Source: Fox News National

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Indonesia posts second straight surprise trade surplus in March

FILE PHOTO: Workers help unload bags of rice from a cargo ship onto a truck at Tanjung Priok Port in Jakarta,
FILE PHOTO: Workers help unload bags of rice from a cargo ship onto a truck at Tanjung Priok Port in Jakarta, Indonesia April 16, 2018. REUTERS/Darren Whiteside

April 15, 2019

JAKARTA (Reuters) – Indonesia posted a surprise trade surplus for a second straight month in March, data from the statistics bureau showed on Monday, confirming the central bank’s outlook of a narrowing current account deficit.

Southeast Asia’s largest economy had a surplus of $540 million in March, compared with February’s $330 million surplus and a forecast of $180 million deficit in a Reuters poll.

Exports fell 10.01 percent from a year earlier to $14.03 billion in March. This was against an 11.82 percent drop expected in the poll.

Imports dropped 6.76 percent to $13.49 billion, compared to the poll’s forecast of a 3.76 percent decline.

Trade deficit hit a record high of $8.5 billion in 2018 and authorities have been trying to reverse that by raising tariffs to halt imports and relaxing rules to support exports.

Analysts say an improvement in trade and current account deficits is a determining factor for Bank Indonesia (BI) to start loosening monetary policy, now that inflation is stable and the U.S. Federal Reserve will probably not raise rates further this year.

BI last year increased interest rates by a total of 175 basis points in response to a weak rupiah and capital outflows that were partly prompted by rising U.S. interest rates and large trade and current account deficits.

The central bank’s next policy meeting is scheduled for April 24-25.

(Reporting by Nilufar Rizki and Maikel Jefriando; Writing by Gayatri Suroyo; Editing by Subhranshu Sahu)

Source: OANN

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ECB to keep policy accommodative until inflation recovers: Villeroy

FILE PHOTO: ECB policymaker Villeroy de Galhau, who is also governor of the French central bank, attends the Paris Europlace International Financial Forum in Tokyo
FILE PHOTO: European Central Bank policymaker Francois Villeroy de Galhau, who is also governor of the French central bank, attends the Paris Europlace International Financial Forum in Tokyo, Japan, November 19, 2018. REUTERS/Toru Hanai/File Photo

April 15, 2019

NEW YORK (Reuters) – The European Central Bank is committed to keeping monetary policy loose until inflation returns to its target, ECB policymaker Francois Villeroy de Galhau said on Monday.

Villeroy, who is also governor of the Bank of France, said that euro zone inflation was expected to ease over the course of this year before it begins to gradually recover.

“We are clearly determined to maintain an ample degree of monetary accommodation for as long as necessary to reach our target of inflation below but close to 2 percent,” Villeroy told a conference sponsored by the Paris Europlace New York.

The Eurostat European statistics agency estimated euro zone inflation eased in March to 1.4%, while core inflation, which excludes volatile items like energy, slipped to 0.8%.

(Reporting by Richard Leong; Writing by Leigh Thomas in PARIS; Editing by Chizu Nomiyama)

Source: OANN

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Alex Jones – Info Wars

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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The Latest on fatal pileup on Interstate 70 near Denver (all times local):

10:10 a.m.

Colorado officials say four people have died after a semi-truck hauling lumber plowed into vehicles on Interstate 70, causing a fire so intense that it melted the roadway and metal off of cars.

Authorities had to wait until daylight Friday to confirm the death toll from Thursday’s 28-vehicle pileup because of the devastation caused by the fire.

Six people were taken to hospitals with injuries. Their conditions are unclear.

Lakewood police spokesman Ty Countryman says the driver of the truck who caused the crash sustained minor injuries. He has been arrested on suspicion of vehicular homicide.

Officials say the driver was headed down a hill when he slammed into slower traffic. Countryman says there is no indication the crash was intentional.

____

7:40 a.m.

A truck driver blamed for causing a deadly pileup involving over two dozen vehicles near Denver has been arrested on vehicular homicide charges.

Lakewood police spokesman Ty Countryman said Friday that there’s no indication that drugs or alcohol played a role in Thursday’s crash.

The unidentified driver was headed down a hill on Interstate 70 when he slammed into slower traffic and sparked a massive fire. Countryman said police are looking at whether his brakes were working properly.

He said 28 vehicles were involved, up from the initial 15 vehicles police reported after further sorting through the burned wreckage.

Police still say there were multiple fatalities but are still working to provide an exact number.

The highway is expected to remain closed until Saturday.

Source: Fox News National

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Tiger woods celebrates after winning the 2019 Masters
FILE PHOTO: Golf – Masters – Augusta National Golf Club – Augusta, Georgia, U.S. – April 14, 2019 – Tiger Woods of the U.S. celebrates on the 18th hole after winning the 2019 Masters. REUTERS/Lucy Nicholson

April 26, 2019

Tiger Woods is sending a message that he thinks he still has enough left, emotionally and physically, to win three more major championships to tie Jack Nicklaus’ record 18 titles.

Speaking to GolfTV in his first sit-down interview since the Masters, Woods said he has taken some time off since his victory at Augusta National, which still doesn’t feel real.

“Honestly, it’s hard to believe,” Woods said. “I was texting one of my good friends last night … that I couldn’t believe that I won the tournament. That it really hasn’t sunk in. I haven’t started doing anything. I’ve just been laying there. And every now and again, I’ll look over there on the couch and there’s the jacket.”

That’s the fifth green jacket for the 43-year-old Woods, who hadn’t won a major tournament since the 2008 U.S. Open. Along the way, four back surgeries, a divorce and other personal issues derailed him.

He said he has been spending time with his children – daughter Sam, 11, and son Charlie, 10 – who weren’t born when their father was the most dominant golfer on the planet.

“They never knew golf to be a good thing in my life and only the only thing they remember is that it brought this incredible amount of pain to their dad and they don’t want to ever want to see their dad in pain,” Woods said. “And so to now have them see this side of it, the side that I’ve experienced for so many years of my life, but I had a battle to get back to this point, it feels good.”

He said he hopes – maybe expects — they’ll see this side again.

And no one will take Woods for granted at the PGA Championship at Bethpage Black Course on Long Island, N.Y., which starts May 16.

Woods said he’ll be ready for a course he already conquered once in a major: the 2002 U.S. Open.

“I’m doing all the visual stuff, but I haven’t put in the physical work yet. But it’s probably coming this weekend,” he said.

Before Woods encountered health and personal problems, it was expected that topping Nicklaus’ major mark was “when” and not “if.” Then the certainty went away, but Woods thought he still had a chance.

“I always thought it was possible, if I had everything go my way. It took him an entire career to get to 18, so now that I’ve had another extension to my career – one that I didn’t think I had a couple of years ago – if I do things correctly and everything falls my way, yeah, it’s a possibility. I’m never going to say it’s not.

“Now I just need to have a lot of things go my way, and who’s to say that it will or will not happen? That’s what the future holds, I don’t know. The only thing I can promise you is this: that I will be prepared.”

–Field Level Media

Source: OANN

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Maria Butina, the Russian woman who was accused of being a secret agent for the Russian government, was sentenced to 18 months in prison Friday by a federal judge in Washington after pleading guilty last year to a conspiracy charge.

Butina, who has already served nine months behind bars, will get credit for time served and can possibly get credit for good behavior, the judge said. She will be removed from the U.S. promptly on completion of her time, the judge added, and returned to Russia.

MARIA BUTINA, ACCUSED RUSSIAN SPY, PLEADS GUILTY TO CONSPIRACY

An emotional and apologetic Butina said in court Friday she is “truly sorry” and regrets not registering as a foreign agent.

“I feel ashamed and embarrassed,” she said, adding that her “reputation is ruined.”

Butina has been jailed since her arrest in July 2018. She entered the court Friday wearing a dark green prison jumpsuit and spoke in clear English, with a slight Russian accent.

“Please accept my apologies,” Butina said.

Butina’s lawyer, Robert Driscoll, said after the sentencing they had hoped for a “better outcome,” but expressed a desire for Butina to be released to her family by the fall.

Prosecutors had claimed Butina used her contacts with the National Rifle Association and the National Prayer Breakfast to develop relationships with U.S. politicians and gather information for Russia.

Prosecutors also have said that Butina’s boyfriend, conservative political operative Paul Erickson, identified in court papers as “U.S. Person 1,” helped her establish ties with the NRA.

WHO IS MARIA BUTINA, THE RUSSIAN WOMAN ACCUSED OF SPYING ON US?

In their filings, prosecutors claim federal agents found Butina had contact information for people suspected of being employed by Russia’s Federal Security Services, or FSB, the successor intelligence agency to the KGB. Inside her home, they found notes referring to a potential job offer from the FSB, according to the documents.

Investigators recovered several emails and Twitter direct message conversations in which Butina referred to the need to keep her work secret and, in one instance, said it should be “incognito.” Prosecutors said Butina had contact with Russian intelligence officials and that the FBI photographed her dining with a diplomat suspected of being a Russian intelligence agent.

Fox News’ Jason Donner, Bill Mears, Greg Norman and the Associated Press contributed to this report.

Source: Fox News Politics

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