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As crucial Brexit votes loom, Theresa May backed by ministers amid coup reports

As a series of Brexit votes loom following a weekend that saw hundreds of thousands take to the streets of London demanding a second referendum, British Prime Minister Theresa May received the backing of several ministers who dismissed reports of a "coup" against the embattled leader.

Chancellor Philip Hammond called any talk of a leadership change "self-indulgent" and Brexit Secretary Stephen Barclay said the PM "is in charge," according to BBC News, while David Lidington, who has been touted as a replacement for May, said, "I am 100 percent behind the prime minister."

Still, British newspapers are reporting that behind the scenes, several cabinet members are plotting a coup against May and making plans to replace her with a caretaker leader until a proper election can take place later this year. BBC political editor Laura Kuenssberg tweeted that there was "serious maneuvering" going on.

HUNDREDS OF THOUSANDS PROTEST IN LONDON TO DEMAND A SECOND BREXIT VOTE

Britain had been set to leave the European Union on March 29 without a deal after May's negotiated agreement was voted down by lawmakers. That vote last week was May's second Brexit defeat in parliament. However, May received a lifeline last week when EU leaders agreed to a short-term Brexit extension.

Throngs of protesters filled the streets of London on Saturday demanding a second referendum. The original Brexit vote, which critics have since said was influenced by Russia-backed disinformation and outright lies about what leaving the EU would mean, passed by 1.3 million votes.

A puppet character depicting British Prime Minister Theresa May is brandished among Anti-Brexit campaigners, during the People's Vote March in London, Saturday March 23, 2019. Protesters are gathering in central London before what is widely predicted to be a massive march in favour of a second Brexit referendum. (Yui Mok/PA via AP)

A puppet character depicting British Prime Minister Theresa May is brandished among Anti-Brexit campaigners, during the People's Vote March in London, Saturday March 23, 2019. Protesters are gathering in central London before what is widely predicted to be a massive march in favour of a second Brexit referendum. (Yui Mok/PA via AP)

In the coming days, a range of different scenarios could play out, depending on how British lawmakers vote. They include, according to BBC News: Revoking Article 50 and canceling Brexit altogether, setting up a second referendum, May's deal plus a customs union, May's deal plus a customs union and single-market access, a Canada-style free trade deal, or leaving the EU without a deal.

POPE FRANCIS PRAYS FOR PEACEFUL END TO NICARAGUA CRISIS

Hammond told BBC News that he would remove revoking Article 50 and a no-deal Brexit from the list, saying "both of those would have very serious and negative consequences for our country."

In terms of a second referendum, Hammond said: "It is a coherent proposition and deserves to be considered, along with the other proposals."

Although this coming Friday is the day that Britain was set to leave the EU, the earliest that could now happen is April 12.

Source: Fox News World

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Merkel: EU has made clear, far-reaching proposals on Brexit

German Chancellor Angela Merkel leaves a news conference at the Chancellery in Berlin
German Chancellor Angela Merkel leaves a news conference at the Chancellery in Berlin, Germany March 12, 2019. REUTERS/Fabrizio Bensch

March 12, 2019

BERLIN (Reuters) – German Chancellor Angela Merkel said on Tuesday the European Union had made clear, far-reaching proposals to Britain on Brexit and that applying pressure was not the right way to convince London.

“Clear, far-reaching proposals have been made that take into account the concerns of Britain and that seek to find answers to them,” Merkel told reporters, adding she wanted an orderly Brexit and the British parliament now had to decide.

At the joint news conference, Belgian Prime Minister Charles Michel said the latest proposals were a step forward.

(Reporting by Michelle Martin and Paul Carrel; editing by Thomas Seythal)

Source: OANN

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William Weld: Trump Needs Someone to Challenge His Stances

It's important to have somebody who will "put the president to his proofs" and to challenge him on his stances, former two-term Massachusetts Gov. William Weld, who has announced his primary challenge against President Donald Trump, said Tuesday.

"You ask him some questions, like, why do you think it's good to insult our military allies, why do you praise dictators?" Weld told MSNBC's "Morning Joe." "Is it because you wish the United States was more dictatorial? I'm afraid that might be the case. Why are you so angry about everything all the time?"

Weld, who also ran for vice president on the 2016 Libertarian party ticket headed by Gary Johnson, said his plan is to enlarge the electorate by targeting independents, millennials, female voters and others, as he did when he ran for governor in Massachusetts.

He also struck back at people who say they don't like Trump's style, but they do like his substance.

"It's not style when you're as angry all the time and uncurious as this president is," said Weld. "For example, the president insists that global warming is a hoax. Well, does he think those scientists who did those measurements are making money off the deal and lying about the results of the scientific examination? It just betrays a lack of homework and not really thinking ahead about what to do."

Weld also said as president, he'd push for the education displaced workers need in the wake of new technology, including making community college free for them.

Source: NewsMax Politics

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ISIS bride's dad suing Trump, US to let her back into the country

The father of the Alabama woman begging to be let back into the U.S. after leaving years ago to join ISIS is now launching a legal campaign against President Trump, Secretary of State Mike Pompeo and Attorney General William Barr.

Attorneys from the Constitutional Law Center for Muslims in America have filed a lawsuit on behalf of Ahmed Ali Muthana arguing his daughter Hoda and her 18-month-old son should be allowed to return to America, and her citizenship – which the U.S. government disputes – should be recognized.

The suit also seeks a judgment that Muthana's father is “entitled to send his daughter money to ensure the survival of his daughter and grandson, and enable them safe passage home, without subjecting himself to criminal liability” under U.S. law.

Muthana currently is living at a refugee camp in northeast Syria and she "is willing to pay whatever debts she has to society” – even if it means serving a lengthy prison sentence, her family's lawyer told Fox News on Thursday.

ISIS WIFE BEGGING FOR US RETURN IS 'GOING TO HAVE TO ANSWER TO GOD FOR HER DECISIONS', ATTORNEY SAYS

In 2015, Muthana allegedly operated a Twitter account that, on at least one occasion, tried to incite Americans to commit acts of violence on national holidays.

Pompeo though has said Muthana is not an American citizen and Trump has vowed not to let her back into the country.

“In Ms. Muthana’s words, she recognizes that she has ‘ruined’ her own life, but she does not want to ruin the life of her young child,” the attorneys who filed the lawsuit in the U.S. District Court for the District of Columbia told AL.com in a statement. “Citizenship is a core right under the Constitution, and once recognized should not be able to be unilaterally revoked by tweet—no matter how egregious the intervening conduct may be."

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But Zuhdi Jasser, the Founder and President of the American Islamic Forum for Democracy -- a group that describes itself as a “Muslim-led organization working on the front lines for reform at all levels of the Muslim community” -- told Fox News yesterday the government shouldn’t even bother with Muthana.

“She became, not only a terrorist, she became an enemy of our country and if she did believe in the citizenship oath…she abandoned it and actually violated it and became an enemy combatant,” he said on "America’s Newsroom."

Source: Fox News National

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Cathay buys HK Express, will operate it as low-cost carrier

Cathay Pacific Airways is acquiring Hong Kong-based budget airline HK Express.

Cathay said Wednesday it will pay 4.93 billion Hong Kong dollars ($628 million) for HK Express. It said the acquisition will retain its identity as a separate brand and be operated as a low-cost carrier.

Cathay, Hong Kong's biggest airline, also owns regional carrier Dragonair and air cargo and catering subsidiaries.

HK Express, founded in 2013, serves destinations throughout East and Southeast Asia.

Source: Fox News World

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Threat allegations keep Coast Guard officer jailed

A Coast Guard officer suspected of drawing up a hit list of top Democrats and network TV journalists spent hours on his work computer researching the words and deeds of infamous bombers and mass shooters while also stockpiling weapons, federal prosecutors said Thursday.

Lt. Christopher Paul Hasson, 49, was ordered held without bail on drug and gun charges while prosecutors gather evidence to support more serious charges involving what they portrayed as a domestic terror plot by a man who espoused white-supremacist views.

Hasson, a former Marine who worked at Coast Guard headquarters in Washington on a program to acquire advanced new cutters for the agency, was arrested last week. Investigators gave no immediate details on how or when he came to their attention.

Federal agents found 15 guns, including several rifles, and over 1,000 rounds of ammunition inside his basement apartment in Silver Spring, Maryland.

In court papers this week, federal prosecutors said he compiled what appeared to be a computer-spreadsheet hit list that included House Speaker Nancy Pelosi, Senate Democratic Leader Chuck Schumer and presidential hopefuls Sens. Kirsten Gillibrand, Elizabeth Warren, Cory Booker and Kamala Harris. Also mentioned were such figures as MSNBC's Chris Hayes and Joe Scarborough and CNN's Chris Cuomo and Van Jones.

In arguing against bail Thursday, federal prosecutor Jennifer Sykes said Hasson would log onto his government computer during work and spend hours searching for information on such people as the Unabomber, the Virginia Tech gunman and anti-abortion bomber Eric Rudolph.

Sykes said the charges so far are just the "tip of the iceberg" and called Hasson a "domestic terrorist" who appeared to be planning attacks inspired by the manifesto of Anders Behring Breivik, the Norwegian right-wing extremist who killed 77 people in a 2011 bomb-and-shooting rampage.

Public defender Julie Stelzig accused prosecutors of making inflammatory accusations against her client without providing the evidence to back them up. "It is not a crime to think negative thoughts about people," she said.

She also questioned whether the government is trying to make an example out of Hasson, given criticism that authorities have overlooked domestic terrorists.

"Perhaps now they can say, 'Look, we're not targeting only Muslims,'" she said.

Stelzig said Hasson doesn't have a criminal record and has served 28 years in the Coast Guard. She described him as a "committed public servant" and a loving husband and father.

Hasson spent about $14,000 on weapons, survival gear and other equipment, Sykes said. However, Hasson's public defender argued that the number of firearms found in Hasson's apartment is "modest, at best" for many gun collectors in other parts of the country.

"There is nothing I'm seeing in here that would show he was stockpiling weapons," Stelzig said.

U.S. Magistrate Judge Charles Day agreed to keep Hasson behind bars but said he is willing to revisit his decision in 14 days if prosecutors haven't brought more serious charges by then.

Hasson was previously an aircraft mechanic in the Marines, serving from 1988 to 1994.

Court papers detail a 2017 draft email in which he wrote that he was "dreaming of a way to kill almost every last person on the earth."

Also, Hasson sent himself a draft letter in 2017 that he had written to a neo-Nazi leader and "identified himself as a White Nationalist for over 30 years and advocated for 'focused violence' in order to establish a white homeland," prosecutors said.

Stelzig identified that neo-Nazi leader as white separatist Harold Covington. The Southern Poverty Law Center reported that Covington died last July.

Last February, Hasson searched the internet for the "most liberal senators" and also asked, "Do senators have ss (Secret Service) protection" and "Are supreme court justices protected," according to the court filing.

Bob Davis, who rents a house from Hasson in coastal Currituck County, North Carolina, and met him a few times, said he was "absolutely shocked" by the allegations.

"He was a very stern military guy. That's how I saw him. I truly nothing but respected him. There are people in life who are not 100 percenters. He was a 100 percenter," Davis said, meaning Hasson worked hard and didn't slack off. "He portrayed in a very professional manner. He was honorable. ... He was a good man."

___

Balsamo reported from Washington. Associated Press writer Ben Finley in Currituck County, North Carolina, contributed to this report.

Source: Fox News National

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UN: Climate change threatens 19 million Bangladesh children

A new report by the United Nations children's agency says the lives and futures of more than 19 million Bangladeshi children are at risk from the colossal impacts of devastating floods, cyclones and other environmental disasters linked to climate change.

The UNICEF report released Friday said the tally includes Rohingya refugee children from Myanmar who are living in squalid camps in southern Bangladesh.

The report says that because of the impact of climate, hundreds of thousands of children have migrated to big cities from villages after their parents lost their livelihoods to flooding or river bank erosion.

The report documents children being forced into sex trafficking or marriage to survive.

Source: Fox News World

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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