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Sen. Portman: ‘Money is not enough’ to fix the border crisis

Senator Rob Portman, R-Ohio, said on “Your World” Tuesday that money is not enough to fix the situation on the U.S.- Mexico border and that the United States’ asylum laws need to be fixed in order solve the humanitarian crisis.

“Money is not enough because until you change the laws you'll continue to have this magnet, people come into United States,” Portman told guest host Sandra Smith.

TRUMP DECLARES 'COUNTRY IS FULL' IN FOX NEWS INTERVIEW

Portman laid out the asylum situation and how he said it is adding to the problems with illegal immigration.

“Here's the problem, Sandra. When someone comes (to the) United States and they're a family from Honduras, Guatemala and El Salvador, they're being told by the traffickers, and it's true, you ask for asylum and then during the time at which you have to wait for your asylum hearing you're allowed to go into the United States into the community,” Portman said.

The senator added that around “85 percent” of those applying for asylum are turned down but that the process takes so long many disappear into the United States while the process is taking place.

Portman also reacted to President Trump speaking about family separation on the border and blaming his predecessor.

“The cages that were shown, very inappropriate, they were built by President Obama and the Obama administration –not by Trump,” Trump said Tuesday at the White House.

Portman supported Trump and once again noted it was up to Congress to enact change in order to solve these problems.

THE FAMILY CIRCLE OF SEPARATION

“I do not support separating the families but I do support changing that Flores decision so you can keep people in a family unit. That's the whole point. And that's what the president has called for. It requires a change in law. You can't just do it through executive action or more money,” Portman said.

“It's a change in the law to be able to say ‘well, Congress has looked at this. We've decided this is not working.’”

Source: Fox News Politics

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OPEC, allies to maintain output cuts despite Trump’s criticism: source

Oil tankers pass through the Strait of Hormuz
Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS/Hamad I Mohammed

February 26, 2019

LONDON (Reuters) – OPEC and its allies will continue with their agreement to cut oil supply, pushing for more adherence despite a demand by U.S. President Donald Trump that the producer group ease its efforts to boost crude prices, a Gulf OPEC source told Reuters.

Based on current market data, the so-called OPEC+ group is “likely to continue with the production cuts until the end of the year”, the OPEC source said.

(Reporting by Rania El Gamal; Editing by Dale Hudson)

Source: OANN

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Texas officer charged for killing man who ran over his foot

A Texas police officer is charged with murder for fatally shooting a man who ran over his foot.

Burnet Police Chief Paul Nelson says former Patrol Sgt. Russell Butler also had been fired for violating the department's use of force policy. KVUE television reports Butler was charged Tuesday with murder and three counts of aggravated assault by a public servant for the killing of 25-year-old Brandon Michael Jacque in the city about 55 miles (88 kilometers) northwest of Austin.

Police previously said Butler shot Jacque in March after responding to a call about loud music and finding him parked in a red car. Jacque began driving off and ran over March's left foot after being ordered to stop. Butler then fired into the car, hitting Jacque.

Source: Fox News National

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Nobody will block Brexit extension, Juncker says

FILE PHOTO: European Commission President Jean-Claude Juncker attends weekly College of Commissioners meeting in Brussels
FILE PHOTO: European Commission President Jean-Claude Juncker attends weekly College of Commissioners meeting in Brussels, Belgium, Februray 6, 2019. REUTERS/Yves Herman/File Photo

February 19, 2019

BERLIN (Reuters) – If Britain asks for a delay to its departure from the European Union, none of the existing members will stand in its way, European Commission President Jean-Claude Juncker said on Tuesday.

But, speaking at an event in the German city of Stuttgart, Juncker added that if the extension lasted until the European Parliament elections at the end of May, British voters would have to take part in the polls.

Britain is due to leave the EU on March 29. An extension of Article 50 – which determines the exit date – must be agreed unanimously by all the EU’s remaining 27 member states.

(Reporting by Thomas Escritt; Editing by Gareth Jones)

Source: OANN

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2019 Outlook for EM currencies mixed, carry trades not in full swing yet: Reuters poll

Illustration photo of a two Rand coin from South Africa
Illustration photo shows a two-rand coin above a South Africa flag April 12, 2017. REUTERS/Thomas White/Illustration

April 5, 2019

By Vuyani Ndaba

JOHANNESBURG (Reuters) – Yield-hungry investors will trade cautiously in risky emerging market currencies this year against the dollar despite the U.S. Federal Reserve’s recent dovish stance, a Reuters poll found, though there is still interest.

“The outlook for high yielding currencies remains constructive due to the increasingly accommodative messaging from the both the ECB and Fed,” said Mike Keenan, a strategist at Absa Capital.

Taken in the past week, the survey showed a mixed outlook for emerging market currencies, as Brazil’s real is expected to firm up more than 4 percent to 3.7 per dollar while South Africa’s rand remains relatively steady at 14.30/dollar in six months.

“That said, a deep global slowdown poses a significant risk to the longevity of the carry trade because under such a scenario, market volatility is likely to spike and investors will probably become more risk averse,” Keenan added.

“Carry trades” is a strategy used by investors to borrow in currencies where interest rates are low and thereafter invest in countries where yields are high, such as in emerging markets.

A similar survey in September expected many emerging market currencies to bounce back at least partially against the dollar this year as weakening growth momentum took the shine off the greenback.

However, Turkey’s lira, will play no part in any lure for higher yield returns as it is expected to continue falling – over 11 percent to 6.25 per greenback in a year – amid rising tensions with the United States and potential uncertainty after local elections.

Emerging market currencies have not yet shot the 2019 lights out compared to recent bouts when carry trades were in full favor among investors as the Fed pumped in massive quantitative easing liquidity.

For the trade to work liquidity needs to be plentiful, the global economic backdrop benign and, importantly, currency volatility next to nothing.

“We remain optimistic on emerging market foreign exchange and debt for 2019 and 2020,” wrote macroeconomic research house Continuum Economics in a note.

“A reversal of dollar strength and the Fed’s change in monetary policy outlook are key to our view,” the note added.

A separate Reuters poll at the end of last month suggested the Fed is done raising interest rates until at least the end of next year, according to economists in a Reuters poll who gave a 40 percent chance of at least one rate cut by end-2020. [FED/R]

The rand is currently enjoying the best performer spot this week among emerging market currencies track by Reuters with over 2 percent gains pushing it to 14.18 per dollar after Moody’s said late on Friday it would not publish a review of the country’s sovereign debt rating as indicatively scheduled.

Keenan said due to lingering idiosyncratic risks, the rand underperformed fellow high-yielding currencies during the first quarter. However, following this week’s swift recovery, he said it was now back to fair value relative to its peers.

Though Continuum Economics warned Brazilian rates had already priced in much of the positive impact of the pension reform and with the central bank unlikely to hike this year, it does not expect yields to become much more attractive.

South Africa’s Reserve Bank kept its repo rate unchanged at 6.75 percent last month and Reuters polls suggest it will continue on that path until early next year when it is expected to lift rates by 25 basis points.

(Polling by Indradip Ghosh and Mumal Rathore in Bengaluru; Sandor Peto in Budapest and Gabriel Burin in Buenos Aires)

Source: OANN

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‘Targeted’ shootings that left 4 dead in Canada may have stemmed from reported neighbor dispute

Four people were shot dead in 3 separate locations across a city in western Canada in a series of "targeted" attacks on Monday that may have all been sparked by a neighborhood dispute, according to a wife of one of the victims.

Royal Canadian Mounted Police Supt. Ted De Jager said at a news conference the killing spree began around 10:30 a.m. outside a home in downtown Penticton, British Columbia.

As authorities were responding to the initial shooting, a second call of another incident came in from the south end of the city. When authorities went to the home involved in the second shooting, they discovered the bodies of 3 people in two locations.

By 11:30 a.m., a 60-year-old man turned himself in at the front desk of an RCMP station in the city, CBC News reported.

ILLEGAL IMMIGRANT CHARGED IN 5 DEATHS IN MISSOURI, KANSAS FOUND DEAD IN JAIL CELL, SHERIFF SAYS

“We’re still trying to find the motive for this whole incident, so that’s part of the ongoing investigation," De Jager said. "Indications right now are that all four were targeted.”

Royal Canadian Mounted Police officers work outside a scene in Penticton, British Columbia, Monday, April 15, 2019.

Royal Canadian Mounted Police officers work outside a scene in Penticton, British Columbia, Monday, April 15, 2019. ((Jeff Bassett/The Canadian Press via AP)

The four victims -- two men and two women -- were all killed within a 3-mile radius.

Renate Winter, the wife of the first victim – 71-year-old Rudi Winter – told the Vancouver Sun she believed the shootings were likely linked to a neighborhood dispute.

Winter said that she and her husband lived next to the estranged wife of the alleged gunman and had a contentious relationship.

“We cut a tree down in our yard and she had a fit, so anytime we did anything she had a fit, so we don’t talk to her,” she told the Vancouver Sun. “She called the cops because my husband was putting rocks in between our properties, and maybe his big toe went on her property.”

CANADIAN PROVINCE CONSIDERS MANDATORY ANNUAL MATH TESTS FOR ALL PUBLIC SCHOOL TEACHERS: REPORTS

De Jager, who called the shootings a "deeply troubling incident," offered no additional details on how the victims knew each other or a possible motive. Charges are still pending against the man who turned himself in.

Canadian police said a 60-year-old man is in custody after shootings that left several dead in Penticton, British Columbia on Monday.

Canadian police said a 60-year-old man is in custody after shootings that left several dead in Penticton, British Columbia on Monday. (Jeff Bassett/The Canadian Press via AP)

He did confirm that neither of the female victims was the alleged gunman's ex-wife, the Penticton Western News reported.

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Such gun violence is rare in Canada. The shootings on Monday were the deadliest killings in city history, and the sixth deadliest in modern province history, according to the Penticton Western News.

The Associated Press contributed to this report.

Source: Fox News World

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U.N. head wants democratic transition in Algeria

FILE PHOTO: Police officers attempt to disperse demonstrators trying to force their way to the presidential palace during a protest calling on President Abdelaziz Bouteflika to quit, in Algiers
FILE PHOTO: Police officers attempt to disperse demonstrators trying to force their way to the presidential palace during a protest calling on President Abdelaziz Bouteflika to quit, in Algiers, Algeria March 22, 2019. REUTERS/Zohra Bensemra

March 31, 2019

ALGIERS (Reuters) – U.N. Secretary-General Antonio Guterres said on Sunday that he welcomed efforts towards a peaceful and democratic transition in Algeria, where weeks of protests have pushed for President Abdelaziz Bouteflika to end his 20-year rule.

Addressing an Arab League summit in Tunis, Guterres said any steps should be made in a way “that addresses the concerns of the Algerian people in a timely way”.

On Saturday, the army chief of staff, Lieutenant General Ahmed Gaed Salah, renewed a call for the Constitutional Council to rule whether the ailing 82-year-old Bouteflika is fit to rule, a move provided for under article 102 of the charter.

But his attempt to break the political impasse has failed to placate demonstrators, who reject military intervention in civilian matters and want to dismantle the entire ruling elite, which includes veterans of the war of independence against France, army officers, the ruling party and business tycoons.

Several close allies, including some members of the ruling FLN and union leaders, have abandoned Bouteflika, who has rarely appeared in public since suffering a stroke in 2013.

Leading Algerian businessman Ali Haddad, who was part of President Abdelaziz Bouteflika’s inner circle, has been arrested at the Tunisian border, a close associate said on Sunday.

“Yes, Haddad has been arrested,” his associate told Reuters on condition of anonymity, without elaborating. Several Algerian television stations broadcast news on the detention of Haddad, a media magnate who helped to fund Bouteflika’s election campaigns over the years.

Bouteflika’s announcement that he would not seek a fifth term but that he would not quit immediately has fuelled anger in the North African country, an oil and gas producer.

(Editing by Raissa Kasolowsky)

Source: OANN

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Sri Lanka's former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake
Sri Lanka’s former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake, Sri Lanka April 12, 2019. REUTERS/Dinuka Liyanawatte

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

COLOMBO (Reuters) – Sri Lanka’s former wartime defense chief, Gotabaya Rajapaksa, said on Friday he would run for president in elections this year and would stop the spread of Islamist extremism by rebuilding the intelligence service and surveilling citizens.

Gotabaya, as he is popularly known, is the younger brother of former President Mahinda Rajapaksa and the two led the country to a crushing defeat of separatist Tamil rebels a decade ago after a 26-year civil war.

More than 250 people were killed in bomb attacks on hotels and churches on Easter Sunday that the government has blamed on Islamist militants and that Islamic State has claimed responsibility for.

Gotabaya said the attacks could have been prevented if the island’s current government had not dismantled the intelligence network and extensive surveillance capabilities that he built up during the war and later on.

“Because the government was not prepared, that’s why you see a panic situation,” he said in an interview with Reuters.

Gotabaya said he would be a candidate “100 percent”, firming up months of speculation that he plans to run in the elections, which are due by December.

He was critical of the government’s response to the bombings. Since the attacks, the government has struggled to provide clear information about how they were staged, who was behind them and how serious the threat is from Islamic State to the country.

“Various people are blaming various people, not giving exactly the details as to what happened, even people expect the names, what organization did this, and how they came up to this level, that explanation was not given,” he said.

On Friday, President Maithripala Sirisena said the government led by premier Ranil Wickremesinghe should take responsibility for the attacks and that prior information warning of attacks was not shared with him.

Wickremesinghe said earlier he was not advised about warnings that came from India’s spy service either, presenting a picture of a government still in disarray since the two leaders fell out last October.

Gotabaya is facing lawsuits in the United States, where he is a dual citizen, over his role in the war and afterwards.

The South Africa-based International Truth and Justice Project, in partnership with U.S. law firm Hausfeld, filed a civil case in California this month against Gotabaya on behalf of a Tamil torture survivor.

In a separate case, Ahimsa Wickrematunga, the daughter of murdered investigative editor Lasantha Wickrematunga, filed a complaint for damages in the same U.S. District Court in California for allegedly instigating and authorizing the extrajudicial killing of her father.

Gotabaya said the cases were baseless and only a “little distraction” as he prepared for the election campaign. He said he had asked U.S. authorities to renounce his citizenship and that process was nearly done, clearing the way for his candidature.

‘DISMANTLE THE NETWORKS’

He said that if he won, his immediate focus would to be tackle the threat from radical Islam and to rebuild the security set-up.

“It’s a serious problem, you have to go deep into the groups, dismantle the networks,” he said, adding he would give the military a mandate to collect intelligence from the ground and to mount surveillance of groups turning to extremism.

Gotabaya said that a military intelligence cell he had set up in 2011 of 5,000 people, some of them with Arabic language skills and that was tracking the bent towards extremist ideology some of the Islamist groups were taking in eastern Sri Lanka was disbanded by the current government.

“They did not give priority to national security, there was a mix-up. They were talking about ethnic reconciliation, then they were talking about human rights issues, they were talking about individual freedoms,” he said.

President Sirisena’s government sought to forge reconciliation with minority Tamils and close the wounds of the war and launched investigations into allegations of rights abuse and torture against military officers.

Officials said many of these secret intelligence cells were disbanded because they faced allegations of abuse, including torture and extra judicial killings.

Muslims make up nearly 10 percent of Sri Lanka’s population of 22 million, which is predominantly Buddhist.

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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

April 26, 2019

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

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

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.

Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.

“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.

“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”

STUART VARNEY: THANKS TO TRUMP, AMERICANS ARE FEELING BETTER ABOUT THEIR FINANCES

39 MILLION ADULTS CANNOT AFFORD A SUMMER VACATION

Kudlow added that Trump has “ended the war” on business and success, and is rallying for the small business owners of America.

“The president is rebuilding incentives, he is rebuilding confidence, he the rebuilding optimism,” he said. “He is basically saying you should keep more of what you earn. He is basically saying to small businesses we’ll cut the paperwork back and make it easier for you to start a business and prosper.”

CLICK HERE TO GET THE FOX NEWS APP

Kudlow said the Trump administration is also working with House Speaker Nancy Pelosi and other Democratic leaders to implement bipartisan deals to ensure the continuation of the GDP’s success.

“If the policies and the principles remain in place — and I believe they will — then I believe this new prosperity expansion cycle is going to go on for a whole bunch of more years,” he said.

Source: Fox News Politics

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

April 26, 2019

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

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

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

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

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

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

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

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

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

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

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

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

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

Source: OANN

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President Donald Trump says he feels “young” and “vibrant” at age 72 and thinks he can beat 76-year-old Joe Biden “easily.”

A reporter asked Trump at the White House on Friday how old is too old to be president of the United States.

Trump said: “I just feel like a young man. I’m so young. I can’t believe it. … I’m a young vibrant man.”

Then he smiled and said he’s not sure about Democratic presidential contender Biden, the second-oldest contender in the race behind Bernie Sanders.

Trump said: “I look at Joe. I don’t know about him.”

Biden, in an interview on ABC’s “The View,” joked in response that if Trump “looks young and vibrant compared to me, I should probably go home.”

Source: NewsMax Politics

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