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Exclusive: SK Innovation in talks to set up EV battery JVs with Volkswagen, China partners

The logo of SK Innovation is seen in front of its headquarters in Seoul
The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, Feb. 3, 2017. REUTERS/Kim Hong-Ji

April 10, 2019

By Joseph White, Hyunjoo Jin and Heekyong Yang

SEOUL (Reuters) – SK Innovation Co Ltd is in talks to set up separate battery-making joint ventures with Volkswagen AG and Chinese partners, as the South Korean petrochemicals producer aggressively expands its involvement in electric vehicles (EVs).

The company confirmed talks with Germany’s Volkswagen for the first time, telling Reuters the pair were discussing building a factory together. It also said it was on the cusp of agreeing to build a plant in China with undisclosed partners.

The talks come as EV battery makers boost capacity to cope with fast-growing demand, as automakers race to develop vehicles powered by means other than petrol to meet increasingly stringent emissions regulations worldwide.

SK Innovation, South Korea’s biggest oil refiner, is a latecomer to a market led by compatriots LG Chem Ltd and Samsung SDI Co Ltd plus Japan’s Panasonic Corp. Since starting mass production in 2012, customers have included Germany’s Daimler AG as well as Volkswagen.

“Compared with rivals, we’ve been matching or exceeding investment in the area since last year,” YS Yoon, president of SK Innovation’s battery business, said in an interview. “We tried to find the right moment for massive investment.”

The broader SK Group, South Korea’s third-biggest conglomerate, has increased focus on EV batteries as demand slows at memory chip-making unit SK Hynix Inc.

By 2022, SK Innovation plans to spend 4.51 trillion won ($3.95 billion) to boost EV battery capacity. Last month, it broke ground on a $1.7 billion plant in the United States to primarily supply lithium-ion battery cells to Volkswagen. It is also building two factories in Hungary.

“Our strategy is to keep up with technological advancement by having relationships with some of our key customers,” Yoon said, adding that “nothing has been decided” regarding a JV with Volkswagen.

The JV would be the first in which Volkswagen, one of the world’s biggest automakers, will be co-investing in battery production, similar to the joint battery investment of Panasonic and U.S. EV maker Tesla Inc, analysts said.

“We are considering an investment in a battery manufacturer in order to reinforce our electrification offensive and build up the necessary know-how,” Volkswagen said in a statement to Reuters.

In March, Volkswagen Chief Executive Herbert Diess said the automaker was “taking a close look at possible participation in battery cell manufacturing facilities in Europe of our own.”

Volkswagen’s other suppliers include LG Chem, Samsung SDI and China’s Contemporary Amperex Technology Co Ltd.

“There are so many battery requirements from Volkswagen,” Yoon said. “So I think it is natural for Volkswagen to have multiple suppliers even if it has joint ventures with some.”

SECOND CHINA PLANT

Separately, SK Innovation plans to soon sign a deal to build its second EV battery factory in China, the world’s biggest EV market, Yoon said, without identifying the local partners.

The firm broke ground in August on its first Chinese plant under a joint venture with Beijing Electronics Holding Co Ltd and BAIC Motor Corp Ltd, with investment reaching 5 billion yuan ($744.30 million) by 2020.

SK Innovation had aimed to begin construction in 2016, but postponed as EVs equipped with Korean batteries were not included on a government list of EVs eligible for subsidies.

“We hope China’s market opens up in 2021” when the subsidies are phased out, Jay Rhee, SK Innovation’s head of battery research and development, said in a separate interview.

COBALT CULL

Meanwhile, SK Innovation is in the industry-wide race to reduce batteries’ cobalt content, with Panasonic in May saying it was working on a cobalt-free battery. The mineral is mined in harsh conditions and subject to significant price fluctuation.

The firm plans to start production of batteries containing 5 percent cobalt in 2022 from 10 percent at present, Rhee said.

Cobalt is primarily mined in the Democratic Republic of Congo, but SK Innovation is also sourcing cobalt from Australia and extracting the mineral from waste batteries, Yoon said.

“I expect we won’t need to secure fresh cobalt after 2025,” Yoon said.

(Reporting by Joe White, Hyunjoo Jin and Heekong Yang; Additional reporting by Edward Taylor in FRANKFURT; Editing by Christopher Cushing)

Source: OANN

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Ukraine presidential candidate wants debate with drug tests

The debate about a presidential runoff debate in Ukraine is escalating.

Volodymyr Zelenskiy, the comic actor who easily beat President Petro Poroshenko in the first round, is proposing that a debate between the two before Ukraine's April 21 presidential runoff be moderated by the candidate who came in third place, former prime minister Yulia Tymoshenko.

Zelenskiy on Thursday said that Tymoshenko could guarantee an honest debate because she doesn't support either candidate.

Tymoshenko, however, has consistently denounced Poroshenko for failing to rein in corruption and has run against him for president twice.

Zelenskiy wants the debate to be held April 19 in Kiev's Olimpiskiy Stadium, the country's biggest arena and said both candidates should take drug tests. Poroshenko's campaign spokesman said the president will wait for Zelenskiy at the stadium Friday morning for the tests.

Source: Fox News World

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Man caught with 2 gas cans entering St. Patrick’s Cathedral in NYC, police say

A man was taken into custody in New York after entering St. Patrick’s Cathedral carrying two canisters of gasoline, two bottles of lighter fluid and two butane lighters, authorities said.

The man, whose identity has not been released, was stopped by a security officer as he entered the cathedral, New York police said at an evening press conference. The man was told he could not enter with the gasoline. As he turned around some gasoline spilled onto the floor of the cathedral.

Investigators said it was too early to call the incident terrorism, but have yet to determine a motive for the man's actions.

Investigators said a "heavy police presence" was in the area of the church, which is located on Fifth Avenue in Midtown Manhattan.

On Monday, two days before the reported incident, the Notre Dame Cathedral was engulfed with flames for hours after a blaze broke out. The flames collapsed the cathedral's spire, which had been shrouded in scaffolding as part of a $6.8 million renovation project on the spire and its 250 tons of lead.

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Two-thirds of the cathedral burned before the fire was brought under control. The incident is being investigated as an accident.

Source: Fox News National

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Secret Service under fire after agent testifies agency inserted malicious thumb drive into computer

The Secret Service is under fire after one of its members testified a fellow agent inserted a malicious thumb drive, found in the possession of a Chinese woman arrested at President Trump's Mar-a-Lago club last month, into an agency computer -- that then began installing unwanted files.

Monday's revelation about the embattled protection unit came the same day its director, Randolph "Tex" Alles, was reported to have been ousted as part of a larger shakeup at the Department of Homeland Security, the government arm to which the Secret Service reports.

Alles departure reportedly was not related to the March 30 incident at Mar-a-Lago in which Yujing Zhang, 32, was arrested and charged with unlawfully entering a restricted area and making false statements to federal law enforcement officers. Prosecutors said she isn’t accused of spying at this time, but noted there are "a lot of questions that remain to be answered."

WOMAN ARRESTED AT MAR-A-LAGO HAD CASH, SIGNAL DETECTOR IN HOTEL ROOM, PROSECUTORS SAY

She had $8,000 in U.S. and Chinese currency in her hotel room in addition to a signal detector meant to spot hidden cameras, a federal prosecutor in Florida said Monday. Zhang also had in her possession four cellphones, an external hard drive and a thumb drive with computer malware loaded into it.

The malicious thumb drive proved to be a particularly troubling piece of evidence.

Secret Service agent Samuel Ivanovich testified in court that another agent inserted the thumb drive into his computer in an effort to analyze it, prompting the drive to install files without the agent's consent and corrupt other files on the computer.

Yujing Zhang being led into federal court in West Palm Beach, Fla., on Monday.

Yujing Zhang being led into federal court in West Palm Beach, Fla., on Monday. (William Hennessy Jr. / CourtroomArt.com)

“That was something that had never happened before," Ivanovich told the judge, adding the agent, who was not identified, then shut down the computer to avoid further damage.

Security experts scolded the Secret Service for failing to follow one of the first rules of cybersecurity.

“Sounds like an agent trying to crack the case before the cyber team got there,” Eric O’Neill, a former FBI surveillance expert, tweeted.

SECRET SERVICE DIRECTOR TO STEP DOWN ON HEELS OF NIELSEN RESIGNATION

“You don’t put an unknown USB into your computer,” Chris Wysopal, chief technology officer at Veracode, told the Daily Beast. “That’s in all the training everyone gets, even in your dumb corporate training. You even tell your mom that.”

“You don’t put an unknown USB into your computer. That’s in all the training everyone gets, even in your dumb corporate training. You even tell your mom that.”

— Chris Wysopal, chief technology officer at Veracode

The Secret Service declined to comment to Fox News on Tuesday morning, citing the ongoing investigation.

But a source with knowledge of the investigation told Fox News that the court testimony did not accurately reflect the incident.

The source said the thumb drive’s forensic analysis was conducted on a standalone computer in accordance with protocol and added the Secret Service's network was never at risk of malware introduction, as the computer wasn’t connected to the network.

But some experts questioned this explanation, noting there would have been no reason to stop the spread of malware by shutting down the computer if the drive had been analyzed in accordance with protocol. Instead, letting the malware continue to spread on the standalone computer would have allowed analysts to gather more information about it.

Zhang is currently being held until her bond hearing resumes April 15 in West Palm Beach federal court. Prosecutors said the woman would present a "serious risk of flight" if she was released.

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Officials say Zhang approached a checkpoint at Mar-a-Lago and told a Secret Service agent she wanted to use the pool, even though she was not wearing a bathing suit. She was carrying two Chinese passports, which she showed as identification.

Fox News' John Roberts contributed to this report.

Fox News' Samuel Chamberlain, John Roberts and Ivonne Amor and the Associated Press contributed to this report.

Source: Fox News National

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Trump Orders Colleges to Back Free Speech or Lose Funding

President Donald Trump signed an executive order Thursday requiring U.S. colleges to protect free speech on their campuses or risk losing federal research funding.

The new order directs federal agencies to ensure that any college or university receiving research grants agrees to promote free inquiry and to follow federal rules and regulations supporting free speech.

"Even as universities have received billions and billions of dollars from taxpayers, many have become increasingly hostile to free speech and to the First Amendment," Trump said at a White House signing ceremony. "These universities have tried to restrict free thought, impose total conformity and shut down the voices of great young Americans."

The order follows a growing chorus of complaints from conservatives who say their voices have been stifled on campuses across the U.S. Joining Trump at the ceremony were students who said they were challenged by their schools while trying to express views against abortion or in support of their faith.

Trump initially proposed the idea during a March 2 speech to conservative activists, highlighting the case of Hayden Williams, an activist who was punched in the face while recruiting for the group Turning Point USA at the University of California, Berkeley. He invoked the case again Thursday, noting that Williams was hit hard "but he didn't go down."

Under the order, colleges would need to agree to protect free speech in order to tap into more than $35 billion a year in research and educational grants.

For public universities, that means vowing to uphold the First Amendment, which they're already required to do. Private universities, which have more flexibility in limiting speech, will be required to commit to their own institutional rules.

"We will not stand idly by to allow public institutions to violate their students' constitutional rights," Trump said. "If a college or university doesn't allow you to speak, we will not give them money. It's very simple."

Enforcement of the order will be left to federal agencies that award grants, but how schools will be monitored and what types of violations could trigger a loss of funding have yet to be seen. White House officials said details about the implementation will be finalized in coming months.

Many colleges have firmly opposed the need for an executive order. Following Trump's speech, Janet Napolitano, president of the University of California, said many schools are "ground zero" for the exchange of ideas.

"We do not need the federal government to mandate what already exists: our longstanding, unequivocal support for freedom of expression," she said. "This executive order will only muddle policies surrounding free speech, while doing nothing to further the aim of the First Amendment."

The American Council on Education, which represents more than 1,700 college presidents, called the order "a solution in search of a problem."

"No matter how this order is implemented, it is neither needed nor desirable, and could lead to unwanted federal micromanagement of the cutting-edge research that is critical to our nation's continued vitality and global leadership," said Ted Mitchell, the organization's president.

Education Secretary Betsy DeVos, who has spoken against a government answer to campus speech issues, issued a statement that only briefly mentioned free speech, and instead largely focused on another part of the order dealing with transparency in college performance data.

Her statement said students "should be empowered to pursue truth through the free exchange of all ideas, especially ideas with which they may not agree. Free inquiry is an essential feature of our democracy, and I applaud the president's continued support for America's students."

The order was supported by conservative groups including Turning Point USA, which has pushed for action on the issue. In Trump's speech, he specifically thanked Charlie Kirk, the group's founder, who has pushed for action on the issue. On Twitter, Kirk called the order "historic," adding that while harassment by campus faculty is not uncommon, "it ends today!"

Several free speech groups opposed the order, including the American Civil Liberties Union, which took issue with "the partisan nature of the administration's rollout of this executive order."

The top Republican on the Senate education committee, Sen. Lamar Alexander, said he supports the push for free speech but raised concerns about Trump's approach.

"I don't want to see Congress or the president or the department of anything creating speech codes to define what you can say on campus," said Alexander, R-Tenn. "The U.S. Constitution guarantees free speech. Federal courts define and enforce it. The Department of Justice can weigh in."

Debate over campus free speech has flared in recent years following a string of high-profile cases in which protesters shut down or heckled conservative speakers, including at UC Berkeley and Middlebury College in Vermont. Republicans called hearings on the issue when they controlled both chambers, but proposed legislation backing campus speech never made it through committee.

Some colleges leaders have said they worry the order could backfire. If a speaking event threatens to turn violent, for example, some say they might have to choose between canceling the event for safety and allowing it to continue to preserve federal funding. Some say it could force religious universities to host speakers with views that conflict with the universities' values.

Still, the order has gained support from some religious institutions including Liberty University, a Christian school in Virginia whose leaders say they denounce censorship of either the left or right.

Separate from the free speech requirement, the order also calls for several measures meant to promote transparency in the student loan industry and in how well colleges prepare students.

By January 2020, Trump is directing the Education Department to create a website where borrowers can find better information about their loans and repayment options, and he's calling on the agency to expand its College Scorecard website to include data on the graduates of individual college programs, including their median earnings, loan debt and their default rates.

Trump, a Republican, also is asking the Education Department to prepare a policy that would make sure colleges "share the financial risk" that students and the federal government take on with federal student loans.

Follow Collin Binkley on Twitter at https://twitter.com/cbinkley

Source: NewsMax America

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DNA leads to arrest in cold case murders of two Alabama girls, reports say

A man was arrested Saturday in the cold case killings of two 17-year-old Alabama girls 20 years ago — one of Alabama’s highest-profile cold cases, according to reports.

Cops investigating the deaths of high school seniors Tracie Hawlett and J.B. Beasley in Ozark, Ala., got a break when DNA and a search of a public genealogy website linked Coley McCraney, 45, to the crime, local media reported.

Investigators found their bodies in the trunk of J.B.’s car on Aug. 1, 1999, a day after their families reported them missing. The girls were going to a birthday party for J.B. when they disappeared, the Dothan Eagle reported.

FLORIDA AUTHORITIES ARREST MAN IN CONNECTION TO 1984 MURDER OF NAVY RECRUIT WHO WAS ‘BEATEN AND STRANGLED’

One of the girls was raped.

The search of the genealogy website was conducted using DNA from the crime scene, according to the paper.

Mug shot for Coley McCraney, 45.

Mug shot for Coley McCraney, 45. (Dale County Jail)

The newspaper quoted Tracie’s mother as saying at a vigil on the tenth anniversary of the murders that she prayed every day law enforcement would come up with answers.

WASHINGTON COLD CASE SOLVED 51 YEARS LATER ONLY FOR COPS TO DISCOVER SUSPECT DIED LAST WEEK; MAY BE INVOLVED IN 2 OTHER KILLINGS

“Some days you go to work, get home and tears start. You go to sleep crying,” Carol Roberts said. “Through God’s grace and strength, we’ve come this far, and that’s what Tracie would want us to do.”

She said in 2007 that her daughter and J.B. wound up in Ozark after getting lost driving to the party, WDHN-TV reported.

“She said, ‘Mom, we’re on our way home,’” Roberts said, according to the station.

Online records show McCraney, a married Dothan, Ala., man with children, was booked into the Dale County Jail on five counts of capital murder and one count of rape.

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His DNA was not on file because he had no criminal record, WSFA-TV reported.

Source: Fox News National

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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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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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