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Sony shares seen surging after Reuters reports Third Point building stake again

FILE PHOTO: A shopper looks at Sony Corp's Bravia television monitors at an electronics store in Tokyo
FILE PHOTO: A shopper looks at Sony Corp's Bravia television monitors at an electronics store in Tokyo June 20, 2013. REUTERS/Issei Kato

April 9, 2019

TOKYO (Reuters) – Shares of Sony Corp were untraded early Tuesday with a glut of buy orders after Reuters reported that Daniel Loeb’s hedge fund Third Point LLC was building a stake in Japanese electronics conglomerate again to push for changes.

Third Point, which has about $14.5 billion in assets under management, is raising a dedicated investment vehicle to target between $500 million and $1 billion in capital, so it can buy more Sony shares, people familiar with the matter said.

(Reporting by Makiko Yamazaki; Editing by Chang-Ran Kim)

Source: OANN

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Watch Live: BORDER FAIL As Trump Plays Musical Chairs

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Macron’s party rules out joining EU centrist group after Le Pen accusations

FILE PHOTO: French President Emmanuel Macron watches as German Chancellor Angela Merkel departs after a meeting at the Elysee Palace in Paris
FILE PHOTO: French President Emmanuel Macron watches as German Chancellor Angela Merkel departs after a meeting at the Elysee Palace in Paris, France, February 27, 2019. REUTERS/Gonzalo Fuentes/File Photo

March 12, 2019

PARIS (Reuters) – French President Emmanuel Macron’s party will not join the pan-European ALDE group, his EU election campaign chief said on Tuesday, after it emerged the centrist alliance had received funding from the Bayer-Monsanto agriculture and chemicals conglomerate.

ALDE is the fourth-biggest party in the European Parliament and has courted Macron, whose Republic on the Move party has no lawmakers in the European Parliament as it was created after the last EU parliament election.

But far-right leader Marine Le Pen revealed last week that ALDE had received funds from U.S. seed maker Monsanto, now part of German chemicals group Bayer.

Monsanto is a frequent target of criticism in France from green activists and others over concerns about genetically modified crops and week killers such as glyphosates it has developed.

“None of our European lawmakers will sit in the next legislature within a political group or European political movement which tolerates such financing,” Stephane Sejourne, Macron’s EU election campaign chief, said in a statement.

In reaction to Sejourne’s statement, ALDE said it would end the sponsorship of congresses by private companies.

“The participation of the private sector were used to finance part of our congresses in order to give more people the possibility to participate,” ALDE Party President Hans van Baalen said in a statement.

“Unfortunately, this has been interpreted as practices that could have been perceived as active political influence.”

Bayer confirmed it had been a sponsor for ALDE congresses for several years.

“It is a widespread and widely accepted practice which isn’t specifically linked to Bayer or ALDE,” a spokeswoman said.

It listed Bayer as a donor for 12,000 euros in an audit for 2017 published on its website.

Under EU law, European political parties may accept donations from people or corporations of up to 18,000 euros per year and per donor.

As the election race heats up, Macron has been cool to the idea of joining the ALDE alliance, aiming instead to create his own centrist coalition on the European stage in which he would call the shots.

Le Pen, who is nipping at the heels of Macron’s party in voter intention surveys, told RTL radio last Thursday: “Lobbies fund European political parties and they fund ALDE, Emmanuel Macron’s party at the European parliament.”

(Reporting by Michel Rose; additional reporting by Sybille de La Hamaide; Editing by Angus MacSwan)

Source: OANN

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Saudi prince foresees ‘good things’ with India on visit overshadowed by Kashmir

Saudi Arabia's Crown Prince Mohammed bin Salman shakes hands with India's Prime Minister Narendra Modi ahead of their meeting at Hyderabad House in New Delhi
Saudi Arabia's Crown Prince Mohammed bin Salman shakes hands with India's Prime Minister Narendra Modi ahead of their meeting at Hyderabad House in New Delhi, India, February 20, 2019. REUTERS/Adnan Abidi

February 20, 2019

By Sanjeev Miglani

NEW DELHI (Reuters) – India rolled out the red carpet for Saudi Arabia’s Crown Prince Mohammed bin Salman on Wednesday at a time when it is trying to build diplomatic support against Pakistan following a militant attack in the disputed region of Kashmir.

The crown prince this week was given a lavish welcome in Pakistan where the two sides signed memoranda of understanding valued at about $20 billion to help prop up Pakistan’s economy.

But the Kashmir attack threatens to overshadow the India trip as New Delhi seeks to drum up support against Pakistan. India will forcefully raise the issue of cross-border terrorism during the talks with the Saudi delegation later in the day, officials said.

Pakistan says it only gives diplomatic support to the Kashmiri people in their struggle for self-determination.

The crown prince hailed the relationship with India, a top consumer of Saudi crude oil, after a ceremonial welcome at the imposing red sandstone presidential palace.

“Today we want to be sure that this relation is maintained and improved for the sake of both countries. With the leadership of the president and the PM, I am sure we can create good things for Saudi Arabia and India,” he said in brief remarks before heading into talks with Indian leaders.

The prince is also expected to visit China during a tour that will be his first through the region since the storm over the murder of Jamal Khashoggi, a Washington Post columnist, at the Saudi consulate in Istanbul in October.

While the killing of Khashoggi, a known critic of the crown prince, has strained Saudi Arabia’s ties with the West and battered the prince’s image abroad, both India and Pakistan had expected a scaling up of investments during his trip.

Indian Prime Minister Narendra Modi, who broke with government protocol to welcome the crown prince at the airport on Tuesday, has vowed a strong response to the bombing of a security convoy in Kashmir in which 40 paramilitary police were killed in an attack claimed by a Pakistan-based militant group.

Pakistan has said it would retaliate if attacked.

(Reporting by Sanjeev Miglani; Editing by Nick Macfie)

Source: OANN

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Venezuela moves to strip opposition leader Juan Guaido of immunity

Venezuela opposition leader Juan Guaido should be prosecuted for violating a ban on leaving the country and inciting violence linked to street protests, the country’s chief justice said Monday as he asked lawmakers to strip Guaido of his immunity from prosecution.

Supreme Court Justice Maikel Moreno claimed the 35-year-old lawmaker, who is the head of the opposition-held National Assembly, also received illicit funds from abroad and should face charges.

It was unclear when the pro-Maduro National Constituent Assembly will consider whether to remove Guaido's immunity, which comes because he's head of the opposition-led National Assembly.

VP MIKE PENCE TO MEET IN DC WITH FAMILIES OF 6 CITGO EXECS DETAINED IN VENEZUELA

The move comes less than a week after the state comptroller, Elvis Amoroso, a close ally to embattled President Nicolas Maduro, proposed banning Guaido from holding public office for 15 years because of inconsistencies in his financial records.

Amoroso said last week that Guaido, who declared himself interim president earlier this year, triggering a power struggle with Maduro, has taken 90 international trips without accounting for the origin of the estimated $94,000 in expenses.

Guaido defied a travel ban imposed by the government when he toured South American nations in February to drum up diplomatic support for pushing Maduro out of power.

Amoroso also accused Guaido of harming the country through his interactions with foreign governments – dozens of which support the assembly leader’s claim to be head of state.

Guaido dismissed both actions by the government because, in his view, Maduro’s government is illegitimate.

"We must unite now more than ever," said Guaido at a Caracas university earlier Monday. "We must mount the biggest demonstration so far to reject what's happening."

JOHN STOSSEL: DEMOCRATIC SOCIALISM IS NOT THE ROUTE TO PARADISE – JUST LOOK AT VENEZUELA

Venezuelan security forces have detained Guaido’s chief of staff, but have yet to move directly against Guaido, who has the support of about 50 countries in his claim to the head of state.

Since a massive power failure struck March 7, the nation has experienced near-daily blackouts and a breakdown in critical services such as running water and public transportation. All classes have been suspended for nearly a week.

At the same time, frustrated residents are increasingly unable to find water, make phone calls or access the internet. Millions of Venezuelans struggled to understand an announcement by Maduro that the nation's electricity is being rationed to combat daily blackouts.

Maduro said late Sunday that he was instituting a 30-day plan that would balance generation and transmission with consumption. He also called on Venezuelans to stay calm, but provided few details.

Maduro blames the blackouts on U.S.-directed sabotage, an allegation that Guaido routinely dismisses as the desperate talk of a government that has presided over the collapse of infrastructure in a country which was once among the wealthiest in Latin America.

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On Sunday, a mass of protesters took to the streets only to be threatened by contingents of alleged government supporters known as "colectivos" who appeared on motorbikes and quickly dispersed them. Videos posted on social media showed armed men opening fire to drive residents inside.

Many Venezuelans have apparently resigned themselves to a bleak reality.

"I haven't had water at home for 15 days," said Maria Rojas, a 57-year-old homemaker looking for a source to fill her jugs. "You try to find water in the street that is more or less safe to drink."

The Associated Press contributed to this report.

Source: Fox News World

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Morant joins Duke’s Williamson, Barrett on All-American team

FILE PHOTO: NCAA Basketball: NCAA Tournament-East Regional Practice
FILE PHOTO: Mar 28, 2019; Washington, DC, USA; Duke Blue Devils forward Zion Williamson (1) and Duke Blue Devils forward RJ Barrett (5) during practice for the east regional of the 2019 NCAA Tournament at Capital One Arena. Mandatory Credit: Geoff Burke-USA TODAY Sports

April 2, 2019

Freshmen Zion Williamson and RJ Barrett of Duke headline the 2019 college basketball All-American team announced Tuesday.

Murray State guard Ja Morant, Tennessee forward Grant Williams and Michigan State point guard Cassius Winston round out the team.

Williamson and Barrett are the first freshman teammates named to the first team since John Wall and DeMarcus Cousins of Kentucky in 2010.

Williamson was a unanimous selection by 64 Associated Press voters, averaging 22.6 points, 8.9 rebounds, 2.1 blocks and 1.8 blocks per game. Barrett averaged 22.6 points, 7.6 boards and 4.3 assists.

Both players are expected to depart Duke for the NBA draft. Williamson is projected as the No. 1 overall pick, while Barrett and Morant are being discussed as likely options for the teams holding the second and third picks.

Morant is the first All-American in Murray State history. He averaged 24.5 points and led the nation with 10.0 assists per game as a sophomore.

Winston was the Big Ten Player of the Year and enters the Final Four averaging 18.9 points and 7.6 assists. Coach Tom Izzo said the Spartans went to Winston directly to ask him to carry the load when injuries hit starters Jeremy Langford and Nick Ward. The junior did just that and is the lone All-American still playing in April.

Williams was named Southeastern Conference Player of the Year. The junior averaged 18.8 points, 7.5 rebounds, 3.2 assists and 1.5 blocks per game.

–Field Level Media

Source: OANN

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Wife of Guatemalan president investigated for cashing illegal checks: prosecutor

FILE PHOTO: Guatemala's President Morales and first lady Patricia Marroquin de Morales arrive for the inauguration of the Spanish Square in Guatemala City
FILE PHOTO: Guatemala's President Jimmy Morales (C) and first lady Patricia Marroquin de Morales arrive for the inauguration of the Spanish Square in Guatemala City, Guatemala September 12, 2017. REUTERS/Luis Echeverria/File Photo

February 23, 2019

GUATEMALA CITY (Reuters) – The wife of Guatemalan President Jimmy Morales will be investigated on suspicion of cashing illicit checks made out to her and her husband totaling more than $30,000, the country’s top prosecutor said on Friday.

Four checks were written out by a business also being investigated for corruption to First Lady Patricia Marroquin de Morales and Jimmy Morales during his 2015 election campaign and later cashed, according to a local media report published on Thursday.

“We’ve begun the investigation,” said Consuelo Porras, Guatemala’s attorney general, in brief comments following an event in the capital Guatemala City.

The company that issued the checks, Fulanos & Menganos, is a restaurant owned by Othmar Sanchez, a friend of the president who also serves as a member of the Central American Parliament.

Alfredo Brito, a spokesman for the president’s office, said in a statement that the executive is monitoring the investigation into the first lady and that it respects Guatemala’s justice system.

“We reiterate our confidence in the objectivity and impartiality of the investigating agency in the application of justice in our country,” he said.

Morales’ government has been dogged by several corruption scandals since he took office in 2016 pledging to crack down on graft.

During his administration, the United Nations-backed International Commission Against Impunity in Guatemala (CICIG) repeatedly tried to strip Morales of his immunity from prosecution over allegations of campaign finance violations.

In 2015, a CICIG-led probe brought down Morales’ predecessor, who is under arrest and on trial for corruption.

Morales hit back against the CICIG, accusing it of trying to destabilize Guatemala. In August he said he would not renew the organization’s mandate, which is due to expire in September.

(Reporting by Sofia Menchu; Writing by David Alire Garcia; editing by Grant McCool)

Source: OANN

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Senior White House adviser Jared Kushner said Tuesday that a detailed plan for a merit-based immigration system will be presented to President Trump, giving priority to skilled immigrants rather than those with family ties to the U.S.

“I do believe that the president’s position on immigration has been maybe defined by his opponents by what he’s against as opposed to what he’s for,” Kushner said at the Time 100 Summit in New York City. “What I’ve done is I’ve tried to put together a very detailed proposal for him.”

KUSHNER: RUSSIA INVESTIGATION HAD ‘HARSHER IMPACT’ ON US THAN ELECTION MEDDLING

Kushner announced that the new immigration proposal, which Trump will receive this week or next, will resemble the point-based systems in Canada, Australia and New Zealand, and will unify people by ensuring strong wages and secure borders while protecting humanitarian values.

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term,” he said. “And my hope is we can really do something that unifies people around what we’re for on immigration.”

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term. And my hope is we can really do something that unifies people around what we’re for on immigration.”

— Jared Kushner

JARED KUSHNER RESPONDS AFTER HASAN MINHAJ CALLS OUT HIS TIES TO SAUDI PRINCE

Kushner denied in the same talk that he has clashed with White House staffer Stephen Miller, who’s seen as tougher on immigration than others, adding that the plan was concocted with the help of Miller and Kevin Hassett, chairman of the Council of Economic Advisers.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison,” Kushner joked, referring to the Israel-Palestine peace plan he’s working on.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison.”

— Jared Kushner

After the plan gets presented to Trump, it will likely undergo some changes and then he will decide when to proceed with it, Kushner said.

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“It’s very, very complicated, but it’s a very interesting issue, and if we can solve it, I do think it’s a critical component for America’s long-term competitive advantage,” he added.

The Associated Press contributed to this report.

Source: Fox News Politics

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

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The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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