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Latest twist in Jussie Smollett case ‘has to damage your faith’ in judicial system: Ben Domenech

The shocking announcement that the 16 criminal charges previously made against “Empire” actor Jussie Smollett had been dropped may have reinforced many people's negative assumptions about the criminal justice system in the U.S., the Federalist publisher Ben Domenech suggested Tuesday.

Earlier in the day, the Cook County (Ill.) State’s Attorney’s office declared that while Smollett wasn’t exonerated for allegedly staging a hate crime, his case was dismissed and the evidence remained sealed. In remarks to reporters, Smollett maintained his innocence, telling the world he was “truthful” since day one.

JUDGE NAP ON PROSECUTORS DROPPING CHARGES AGAINST JUSSIE SMOLLETT: 'ALMOST UNHEARD-OF'

During Tuesday's All-Star panel segment on Fox News' "Special Report with Bret Baier," Domenech -- along with “The Next Revolution” host Steve Hilton and the Cook Report national editor Amy Walter -- weighed in on the fallout of the dramatic plot twist in the Smollett case.

“This is a situation that has to damage your faith in the judicial system," Domenech told the panel. “The truth is that, in this context, I think in Chicago, in the Illinois context, this is kind of a battle between Kim Foxx, who had to recuse herself from her position on this investigation at the State’s Attorney’s office, and the Chicago Police Department.

“I think this was clearly something that internal politics played a role here," he continued. "Keep in mind that 18 people were killed with guns in Chicago during the time this investigation was going on, using up resources that otherwise could have been [brought] to bear on that front.”

Domenech added that Smollett may not be “out of the woods” just yet, pointing to the federal investigation into the threatening letter he reportedly sent to himself.

Walter insisted that no one “should be surprised” that wealthy and well-connected people “get away with things” that poor and non-well-connected people do not.

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Hilton saw a connection between the Smollett case and Special Counsel Robert Mueller's Russia investigation.

“Regardless of the facts here, people are invested in a narrative," Hilton said. "They want to believe what they want to believe. There’s a story they’re telling and they want to stick to it regardless of the facts -- and that has been fueled by some of these details that have leaked out over the period.

“Just as with Trump and Russia, regardless of what you saw in the Mueller report, people still, all day long I think, are going on about the president colluded. And so I think it speaks to the way how people want to believe regardless of the facts.”

Source: Fox News Politics

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‘Person of interest’ detained in North Dakota killings at business

A "person of interest" has been detained by law enforcement after four people were found dead at a property management company in North Dakota, police said.

The victims were discovered around 7:30 a.m. Monday at RJR Maintenance and Management Company in Mandan, just across the Missouri River from Bismarck, where officers had responded to a medical call at the facility.

ROAD RAGE IN PHOENIX SEEN AS CAUSE FOR SHOOTING THAT KILLED GIRL, 10, POLICE SAY

Robert Fakler, a 52-year-old who co-owned the company, along with employees Adam Fuehrer, 42, Lois Cobb, 45, and her husband, William Cobb, 50, were identified on Tuesday as those found dead.

Police haven't said how they were killed or suggested a possible motive. Mandan Police Chief Jason Ziegler previously said the killings were "very specific" to the victims who were at the crime scene.

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"It's very unusual for the state of North Dakota,” Ziegler said. “I don't think any community across this great country could ever imagine something like this happening in their backyard. It's extremely hard and difficult for everybody.”

The police chief described the crime scene as "rare," but didn't elaborate.

Fox News' Travis Fedschun and The Associated Press contributed to this report.

Source: Fox News National

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Colombians stage kiss-a-thon in support of LGBT rights

Dozens of same sex couples kissed simultaneously outside an upscale shopping mall in Colombia's capital Wednesday, in the latest demonstration calling for LGBT rights in the South American country.

The "kiss-a-thon" was held just days after two gay men in their early 20s were harassed at the Andino shopping center by a man who pushed the couple, screamed profanities at them and accused them of fondling each other in front of a group of children.

Esteban Miranda and Nicolas Tellez denied doing that, saying they were only hugging and holding hands just like many heterosexual couples strolling the mall's flashy corridors. They quickly called the police to seek protection from the enraged man but were instead fined for indecent exposure.

The incident was caught on video by bystanders and shared widely on social media, sparking a wave of support for the young gay couple.

On Wednesday night, hundreds of activists waving rainbow flags gathered around one of the mall's entrances and screamed chants in support of gay rights.

Paola Gutierrez, 21, hugged her girlfriend and gave her a heartfelt kiss on the lips, after a protest organizer with a megaphone urged participants to express their "freedom" to love.

"Kissing someone is no crime," said Gutierrez, who wore a pair of rainbow colored suspenders. "All we want is for there to be less divisions in this society, and no discrimination against people over their sexual preferences."

Colombia is one of South America's more liberal countries when it comes to LGBT legislation. Same-sex couples in the Andean nation can form civil unions and adopt children, something they are not allowed to do in neighboring countries like Venezuela and Peru.

But experts say homosexuality is still perceived negatively by much of Colombia's population, leading to frequent cases of discrimination.

Gutierrez said that she and her girlfriend get cat-called by men when they hold hands in the street.

Another protester, Nicolas Lara, said he was once sent to a psychiatrist at a public hospital after he told a doctor there that he had relationships with other men.

"There's no place for these incidents in the 21st century," Lara said. "We need to work toward a more tolerant society."

Source: Fox News World

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Dollar holds gains, sterling up on Brexit deadline extension

An employee counts U.S. dollar bills at a money exchange office in central Cairo
An employee counts U.S. dollar bills at a money exchange office in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany.

March 22, 2019

By Daniel Leussink

TOKYO (Reuters) – The dollar largely held onto the previous session’s gains in early Asian trade on Friday, while sterling edged up on news that Britain could leave the European Union without a Brexit deal at a slightly later date.

Against a basket of key rival currencies, the dollar was about 0.1 percent lower at 96.394.

The index had recovered three-quarters of a percent overnight after falling to a more than six-week low on Wednesday on news the Federal Reserve had abandoned plans to raise rates this year.

British Prime Minister Theresa May on Friday welcomed the European Union’s decision to delay Brexit, saying that lawmakers in the British parliament now had clear choices about what to do next.

Britain could leave the European Union without a Brexit deal on April 12 if lawmakers next week reject May’s agreement with Brussels, EU leaders said on Thursday.

They also gave the British leader an extra two months, until May 22, to leave if she wins next week’s vote in parliament.

Sterling rose one-sixth of a percent to $1.3126. It had retraced sharp losses overnight, when it touched as low as $1.3004.

“Whenever we get news of the can being kicked down the road, the market reacts positively,” said Bart Wakabayashi, Tokyo branch manager at State Street Bank.

“Investors are probably shying away from exposure to the UK right now in terms of positioning – probably going back to benchmark exposures and wait-and-see mode,” he said.

The Bank of England kept interest rates steady on Thursday and said most businesses felt as ready as they could be for a no-deal Brexit.

Figures on Friday showed Japan’s core consumer prices rose 0.7 percent in February from a year earlier, slowing from the previous month’s pace.

The data underlines the fragile nature of Japan’s economic recovery, as escalating U.S.-China trade frictions and slowing Chinese growth weigh on exports and business sentiment.

Against the Japanese yen, the dollar was a shade lower at 110.71 yen, staying well away from the 111-level last breached before the Fed’s rate announcement.

Three in four Japanese companies expect U.S.-China trade frictions to last until at least late 2019, a sharp contrast to market hopes that presidents Donald Trump and Xi Jinping might soon strike a deal, a Reuters poll found.

The euro was a tad lower at $1.1370, extending losses into a second session after dipping one-third of a percent overnight.

Data showing the number of Americans filing applications for unemployment benefits fell more than expected last week had helped lift the dollar overnight.

(Reporting by Daniel Leussink; editing by Darren Schuettler)

Source: OANN

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Hillary Clinton slams Trump's national emergency declaration in tweet

Hillary Clinton took to Twitter on Monday to slam President Trump for declaring a national emergency along the United States southern border.

In her tweet, the former secretary of state said the “real national emergencies” were “Relentless gun violence. Children separated from their families at the border. Climate change” and “Americans dying for lack of health care.”

Clinton, who lost to Trump in the 2016 presidential race, has been one of his harshest critics since his election. On Instagram on Monday, she appeared to troll Trump by posting a photo of the three living former Democratic presidents – Jimmy Carter, Barack Obama and, her husband, Bill Clinton – as well former First Lady Michelle Obama alongside the message “Happy Presidents Day.”

TRUMP WILL SIGN BORDER SECURITY BILL, DECLARE NATIONAL EMERGENCY, WHITE HOUSE SAYS

Clinton’s national emergency tweet follows Trump declaring a national emergency Friday to shift billions of federal dollars earmarked for military construction to the border after lawmakers in both parties blocked his request for billions of dollars to fulfill his signature campaign pledge for a border wall.

Democrats are planning to introduce a resolution disapproving of the declaration once Congress returns to session and it is likely to pass both chambers. Several Republican senators are already indicating they would vote against Trump — though there do not yet appear to be enough votes to override a veto by the president.

White House senior adviser Stephen Miller told "Fox News Sunday" that "the president is going to protect his national emergency declaration." Asked if that meant Trump was ready to veto a resolution of disapproval, Miller added, "He's going to protect his national emergency declaration, guaranteed."

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Miller insisted that Congress granted the president wide berth under the National Emergencies Act to take action. But Trump's declaration goes beyond previous emergencies in shifting money after Congress blocked his funding request for the wall, which will likely factor in legal challenges.

Trump aides acknowledge that Trump cannot meet his pledge to build the wall by the time voters decide whether to grant him another term next year, but insist his base will remain by his side as long as he is not perceived to have given up the fight on the barrier.

The Associated Press contributed to this report.

Source: Fox News Politics

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Job insecurity weighs on Portuguese growth prospects

A person is seen in Orient Station terminal, in Lisbon
A person is seen in Orient Station terminal, in Lisbon, Portugal, February 28, 2019. Picture taken February 28, 2019. REUTERS/Pedro Nunes

March 12, 2019

By Catarina Demony

LISBON (Reuters) – Portugal’s jobless rate has tumbled from record highs as it recovers from an economic crisis, but with more than one in five workers on temporary contracts, insecurity of employment is increasingly acting as a drag on growth.

The situation has led Prime Minister Antonio Costa’s government to promise restrictions on the use of non-permanent contracts, which are most prevalent in the services sector that represents some 65 percent of Portugal’s gross domestic product.

“The main limitation to the growth of Portuguese companies now is not financial but constraints on human capital,” said Joao Cerejeira, a labor market researcher at Minho University.

Nuno, an IT expert, was hired on a temporary contract in 2011, working up to 12 hours a day at a call center on a salary of 660 euros ($746) per month — just above the minimum wage, and with no health insurance or benefits.

“We were treated like numbers,” said the 30-year-old, who did not want to give his full name.

He was one of about 890,000 Portuguese whose employment status last year was officially described as precarious, a term used to refer to non-standard forms of employment, including temporary work and fixed-term contracts.

According to Eurostat, some 22 percent of Portuguese jobs are classed as temporary, well above the European Union average of 14.3 percent and second in western Europe only to neighboring Spain’s 26.7 percent.

Economists see such job insecurity as a key flaw of the economy, which recorded its strongest expansion in almost two decades in 2017 as Portugal recovered from a debt crisis that required an international bailout, but is now cooling.

The crisis wiped out 700,000 jobs between 2008 and 2013, when the jobless rate peaked at more than 17 percent. Unemployment has since been slashed, to just under 7 percent last year, a 14-year low.

Costa’s Socialist government takes pride in the fact that 321,000 new jobs have been created since it came to power in late 2015 pledging to reverse many austerity measures imposed under the 2011-14 bailout.

But the number of non-permanent contracts has grown by almost 10 percent in the same period, to 890,000 in 2018, the same data from the National Statistics Institute show.

“We are increasingly precarious, we have less rights and we are poorer,” said Alexandra Martins. The 44-year-old says she is suffering from physical and emotional burnout after five years working at a call center.

The International Labour Organisation (ILO) said in a report in October that the quality of jobs in Portugal remained low while the labor market is heavily segmented, with stable and secure jobs rationed, especially for the young.

Maurizio Bussi, ILO regional director, said that over 60 percent of those under 25 in the country are employed on temporary jobs, which do not provide the same benefits and protections as regular jobs. He also pointed to a “persistence of temporary employment contracts characterized by precarious conditions”.

Experts say the labor situation is discouraging hundreds of thousands of Portuguese who emigrated during the crisis from returning home.

The minimum wage of 600 euros a month, compared with 1,050 euros in Spain, also makes the country unattractive to workers from most European countries, says Cerejeira.

The government is aware of the problem and plans to reduce “excessive” use of non-permanent contracts, and make it illegal for companies to hire first-time job-seekers on fixed-term contracts when they in fact need to fill a permanent position.

“For us precariousness is a structural issue in our job market and it is our priority to tackle it,” Secretary of State for Employment Miguel Cabrita told Reuters.

(Reporting by Catarina Demony; Editing by Andrei Khalip and Catherine Evans)

Source: OANN

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Trump says he's in no rush to see North Korea give up nukes

President Donald Trump said Tuesday that he wants to see North Korea eventually give up its nuclear weapons program, but adds he's not in any rush because U.S. relations with Pyongyang are good going into next week's summit.

"I have no pressing time schedule," Trump said.

Trump said his second meeting with North Korea's leader Kim Jong Un on Feb. 27 and 28 in Hanoi, Vietnam, would be "very exciting," but did not disclose details of what he hoped would be achieved.

He said he discussed the upcoming summit during a phone call earlier in the day with South Korea President Moon Jae-in and will speak on Wednesday with Japan's Prime Minister Shinzo Abe.

"I look forward to being with Chairman Kim and I think a lot of things will come out of it," Trump said. "We had a tremendous first summit — it was really breaking the ice, but a lot of things came from that, including good relationships."

Trump noted that North Korea has not tested any rockets or missiles or nuclear weapons in months and said as long as testing has ceased, he's in no rush.

"I think I would like to see ultimately denuclearization of North Korea. I think we will see that ultimately," Trump said. "I have no pressing time schedule."

He said some people, including members of the media, want to see speedy progress on denuclearization.

"I really believe that North Korea can be a tremendous economic power when this is solved," he said, referring to Kim's pledge of denuclearization. "Their location between Russia, China and South Korea is unbelievable. I think that North Korea and Chairman Kim have some very positive things in mind. And we'll soon find out.

"As long as there's no testing, I'm in no rush. If there's testing, that's another deal."

Source: Fox News National

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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