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Video: Liberals Admit They Won’t Read Mueller Report

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Source: InfoWars

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Bank of Canada sees rising global debt as top concern

FILE PHOTO: Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins walk to a news conference in Ottawa
FILE PHOTO: Bank of Canada Governor Stephen Poloz (R) and Senior Deputy Governor Carolyn Wilkins walk to a news conference in Ottawa, Ontario, Canada, July 12, 2017. REUTERS/Chris Wattie

March 14, 2019

OTTAWA (Reuters) – Rising global debt is slowing economic growth and making Canada, and the rest of the world, more vulnerable to another period of financial instability, Bank of Canada senior deputy governor Carolyn Wilkins said on Thursday.

Speaking to an audience of financial professionals and students in Vancouver, she noted that while the global financial system is in a better place than it was a decade ago, trade uncertainties and other geopolitical risks could throw things off track.

“Global debt now totals around $240 trillion – that’s $100 trillion higher than just before the financial crisis,” Wilkins said, adding: “That is a headwind to growth and makes us vulnerable to another period of financial instability.”

The Bank of Canada – which has hiked rates five times since July 2017 – stayed on the sidelines in its rate decision last week, warning there was “increased uncertainty” on the timing of future hikes and removing wording around the need for rates to rise to the neutral range over time.

The more dovish tone prompted money markets to price in the chance of a rate cut by year-end, with that probability hovering around 35 percent ahead of Wilkins speech. Wilkins did not mention the need for further rate hikes.

(Reporting by Julie Gordon and Dale Smith)

Source: OANN

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Pacific typhoon expected to lash Guam with gusty wind, rain

A growing typhoon in the Pacific is heading toward the Mariana Islands and could lash Guam with strong winds, rain and surf this weekend.

The U.S. National Weather Service in Guam reports Typhoon Wutip was packing 100 mph (161 kph) winds and will continue to intensify through Saturday. The storm was about 480 miles (772 kilometers) southeast of Guam Friday.

Typhoon warnings remain in place for parts of the Federated States of Micronesia, and tropical storm warnings are in effect for Guam and other nearby islands. The typhoon is expected to track just south of Guam Saturday into Sunday.

"When it's near Guam, (wind) will be up to 115 mph (185 kph), but we won't see that on the island," said meteorologist Michael Ziobro of the National Weather Service in Guam.

Wutip has typhoon-force winds extending about 35 miles (56 kilometers) from its center and tropical storm-force winds up to 150 miles (241 kilometers) away.

Antoninette Arriola, a 48-year-old school aide, was doing laundry as part of her storm preparations. "After the storm is over, a lot of people are going to be here washing, so we wanted to do it before then."

She said she started her typhoon preparations earlier in the day. "We took off the tarp from outside our house that covers where we park, and we also bought some canned goods like Vienna sausage, Spam, corned beef, batteries, crackers, bread. We recently bought a small freezer so that we can put our ice and frozen meats in there."

Tyrone Quinata, 23, purchased coffee as his first storm preparation. He added batteries for his flashlights and radio. "I think we'll be fine," he said.

Chris Barcinas, 29, a heavy equipment operator, was filling his pickup truck with gasoline. He said he wasn't worried about the typhoon.

"I'm prepared. Guam's strong. We know what typhoons are," Barcinas said. "If it does come, I hope everyone stays safe and they have a good time during the typhoon," Barcinas added.

The peak season for typhoons in the region is late summer into fall, but strong storms in the winter are not uncommon.

"The Western Pacific is the only basin on the planet that has tropical cyclones year-round," said meteorologist Tom Birchard of the National Weather Service in Honolulu. "It's somewhat unusual, but it's not outside the realm of expectation."

Something that was unusual about Wutip, Birchard said, was where it formed.

"It formed at a very low latitude," Birchard said. "When you go to school and they teach you tropical meteorology, they tell you have to be more than 5 degrees from the equator for a tropical cyclone to form. Well this one formed at about 3.5 degrees north."

A westerly wind burst near the equator spun up Wutip shortly after the same winds formed tropical cyclone Oma in the southern hemisphere, Birchard said.

Westerly wind bursts in the area are often associated with El Nino weather patterns and can help create twin storms — one on either side of the equator, he said.

Last week, the National Oceanic and Atmospheric Administration announced that El Nino conditions had formed in January along the equatorial Pacific and were expected to continue into the spring in the northern hemisphere.

Sea surface temperatures near the equator where the storms formed are slightly above average, but ocean temperatures around and ahead of Wutip, where the storm will gain strength over the next two days, are not warmer than normal, Birchard said.

"With climate change, there could be areas where ocean temperatures are warmer than normal, and that could lead to increased storm formation," Birchard said. But "I've seen research on either side of that argument," noting that some studies argue that there could be fewer tropical cyclones in warmer climates because of increased vertical sheer, which can disrupt the rotation of tropical cyclones.

"If I'm looking for the primary formation mechanism in this case, it would be less of the sea surface temperature anomaly and more of the westerly wind bursts along the equator," he said.

___

Associated Press correspondent Caleb Jones reported from Honolulu.

Source: Fox News World

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France’s Macron leaning toward further tax cuts

French President Emmanuel Macron meets his Iraqi counterpart Barham Salih in Paris
French President Emmanuel Macron speaks during a news conference at the Elysee Palace in Paris, France, February 25, 2019. Christophe Ena/Pool via REUTERS

February 26, 2019

PARIS (Reuters) – French President Emmanuel Macron said on Tuesday he was “rather favorable” toward easing the tax burden following a national debate in wake of anti-government protests.

The 41-year-old leader has launched a series of debates across the country, aimed at reconnecting with voters after waves of protests erupted in mid-November over fuel taxes and the high cost of living.

“I pledged in the 2017 (presidential) campaign to reduce taxes, that will be part of the big macroeconomic choices coming out of this debate,” Macron said during one of the debates in eastern France.

“Should we go faster and cut taxes more, even if it means cutting spending more? Should tax cuts be a priority along with making things simpler? I’m open to all that and rather favorable towards going in that direction,” Macron added.

(Reporting by Jean-Baptiste Vey; Writing by Leigh Thomas; Editing by Sudip Kar-Gupta)

Source: OANN

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Trump’s Golan move boosts Netanyahu but long-term risks for Israel

FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu, U.S. Republican Senator Lindsey Graham and U.S. Ambassador to Israel David Friedman visit the border line between Israel and Syria at the Israeli-occupied Golan Heights
FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu, U.S. Republican Senator Lindsey Graham and U.S. Ambassador to Israel David Friedman visit the border line between Israel and Syria at the Israeli-occupied Golan Heights March 11, 2019 REUTERS/Ronen Zvulun/File Photo

March 25, 2019

By Samia Nakhoul

BEIRUT (Reuters) – U.S. President Donald Trump’s call for recognition of Israeli sovereignty over the occupied Golan Heights was manna from heaven for Prime Minister Benjamin Netanyahu two weeks before an election.

For many Arabs, it crushed any hope that there will one day be a negotiated peace between Israel and the Palestinians and increased doubts that Washington is an impartial arbiter.

But allies and enemies can agree on one thing: Trump’s statement last Thursday was a turning point in U.S. policy over territory Israel captured from Syria in a 1967 war and annexed in 1981, in a move the U.N. Security Council declared unlawful.

“I am confident that the Lord is at work here,” U.S. Secretary of State Mike Pompeo, who was in Israel when Trump made his announcement on Twitter, told the Christian Broadcasting Network in an interview.

Netanyahu, who has thanked Trump for the announcement, is seeking re-election on April 9 but faces a tough battle and possible indictment in three corruption cases in which he denies wrongdoing.

He was due to meet Trump on Monday on a trip highlighting what Netanyahu calls the strongest ever bond between an Israeli leader and a U.S. president, though Trump has said his decision on the Golan Heights was not connected with the election.

But Trump’s decision, following U.S. recognition of Jerusalem as Israel’s capital in December 2017, could tempt other powers to annex land, undermine the roll-out of a U.S. Middle East peace plan and tilt Israel back into conflict with its Arab neighbors, Middle East analysts say.

“Donald Trump has made sure that Israel will be in a perpetual state of war with its Arab neighbors for many decades to come,” said Fawaz Gerges, professor of international relations at the London School of Economics and author of the book Making the Arab World.

“What Trump has done is to hammer a deadly nail in the coffin of the peace process and Arab-Israeli reconciliation. This is a fundamental turning point. There is nothing left to discuss anymore.”

RESHAPING THE MIDDLE EAST

Trump’s move is, according to many analysts, partly intended to boost his own chances of re-election in 2020, by targeting the vast pool of U.S. evangelical Christians. Many of them voted for his in 2016 and they are championed in his administration by Pompeo, Vice President Mike Pence and others.

The announcement on the Golan Heights was the latest in a flurry of decisions that are widely seen as intended to redraw the contours of the Israeli-Arab conflict.

Most have ticked the wish-list of Israel’s right-wing government and met longstanding demands of its U.S. supporters, including U.S. recognition of Jerusalem as the capital. The Arab east of the city was occupied by Israel and then annexed after 1967 in a move that is legally repudiated internationally.

White House officials say the decisions on Jerusalem and the Golan Heights acknowledge the reality on the ground, which they say must be the basis for legitimate peace negotiations.

Trump’s Middle East envoy, Jason Greenblatt, said it was inconceivable Israel “would allow the Golan to be controlled by the state of Syria or by any of the rogue actors operating in the areas, including Iran.”

But with Sunni Arab leaders dealing with crises in Yemen, Syria, Libya, Algeria, Sudan and Qatar, and their standoff with non-Arab Shi’ite Iran, they are less focused on Israel.

 

ARABS IN DISARRAY

Trump’s aides have indicated privately that they believe his moves on Jerusalem have provoked a less severe reaction in the Arab world than experts had predicted, a person familiar with the matter said on condition of anonymity.

In particular, they did not appear to have blocked behind-the-scenes security contacts developed in recent years between Israel and the United States’ Gulf allies over their common enemy Iran, the person said.

Aides’ advice to Trump on recognition of Israeli sovereignty over the Golan Heights was that Washington could again weather the storm, the same person said.

Support for the move in the Trump administration had gained momentum over the past year as Israel increasingly expressed concern about Iranian forces and their proxies taking up positions in southwestern Syria, the official said.

John Bolton, Trump’s national security adviser and one of the administration’s leading Iran hawks, was an important proponent of the policy shift, the official said.

But skeptics say the move will also give Iran and its local ally Hezbollah what they would see as justification for new attacks on Israel and hamstring anti-Iranian Arab leaders if they are seen to accept the U.S. move.

The Trump administration has identified Iran as its main target in the Middle East, and withdrew from the deal signed by Tehran, the United States and other world powers in 2015 on curbing Iran’s nuclear program.

MORE TO COME

But after the moves on Jerusalem and the Golan Heights, Iran and Hezbollah may feel better able to present themselves as the only steadfast allies of the Palestinian cause.

They could also play into the hands of Syrian President Bashar al-Assad by helping him in his portrayals of Israel and the United States as enemies.

“This will give further power to the Iran axis of resistance between Iran-Hezbollah-Assad against Israel and the U.S.,” said Galip Dalay, visiting fellow at Oxford University and a fellow at Brookings Doha. “This axis has just been given a very strong symbolic victory and this will give them the high ground.”

He said Arab leaders could not publicly support Trump’s decisions on Jerusalem and the Golan Heights because it would threaten their popularity, in some cases already low.

“From the Arab standpoint, this makes them more hesitant to be supportive because the political space they need to maneuver has been eroded,” said Dennis Ross, a veteran Middle East negotiator. “Each move by this administration has put Arab states on the defensive.”

Ross also suggested that U.S. recognition of Israel’s sovereignty over the Golan Heights could embolden the Israeli right-wing to step up its push for annexing settlements in the occupied Palestinian West Bank.

“I worry that the right in Israel can say ‘they recognized this. It will be a matter of time before we can annex all or part of the West Bank’,” he said. “That would be the end of the two-state solution.”

(Additional reporting by Matt Spetalnick in Washington, Editing by Timothy Heritage)

Source: OANN

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Chevron says Dutch Supreme Court rejects Ecuador’s $9.5 billion claim

FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake

April 16, 2019

(Reuters) – The Supreme Court of the Netherlands dismissed Ecuador’s attempts to annul decisions of an international arbitral tribunal that ordered Ecuador to prevent enforcement of a $9.5 billion judgment against Chevron Corp anywhere in the world, the U.S. oil major said on Tuesday.

Chevron said the Dutch court’s decision upholds rulings of two Dutch lower courts which rejected Ecuador’s attempts to annul those awards.

“The Dutch supreme court found that the challenged arbitral awards are consistent with public policy and justified to prevent irreversible harm to Chevron,” the company said.

Earlier this month, the Supreme Court of Canada had dismissed claims attempting to force Chevron’s Canadian unit to pay the $9.5 billion judgment handed down in Ecuador against the company over pollution in the Andean country.

Residents of Ecuador’s Lago Agrio region have been trying to force Chevron to pay for water and soil contamination caused from 1964 to 1992 by Texaco, which Chevron acquired in 2001.

The villagers obtained a judgment against Chevron in Ecuador in 2011.

The latest decision adds to several court victories that Chevron has won against the plaintiffs and its legal team in this case.

(Reporting by Philip George and Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier)

Source: OANN

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Stock futures edge higher on robust China data; chipmakers rise

Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 9, 2019. REUTERS/Brendan McDermid

April 17, 2019

By Amy Caren Daniel

(Reuters) – U.S. stock index futures inched higher on Wednesday, buoyed by upbeat economic data from China, but gains were capped by disappointing quarterly reports from Netflix and IBM.

China’s economy grew at a steady 6.4 percent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.

The data, along with semiconductor equipment maker ASML forecasting faster growth due to demand from China, pushed U.S. chipmakers higher in premarket trading.

Intel Corp, Advanced Micro Devices and Nvidia Corp gained between 0.5% and 3.6%.

Qualcomm Inc jumped 5.2% after the company won a major victory in its legal dispute with Apple Inc that called for the iPhone to once again use Qualcomm modem chips.

Netflix Inc fell 1.1% after the video streaming service provider’s weak forecast unnerved investors just as Hollywood’s streaming video wars were set to intensify.

International Business Machines Corp declined 3.5% after reporting a bigger-than-expected drop in quarterly revenue.

At 6:46 a.m. ET, Dow e-minis were up 28 points, or 0.11%. S&P 500 e-minis were up 5 points, or 0.17% and Nasdaq 100 e-minis were up 21 points, or 0.27%.

With earnings season in full swing, analysts now expect first-quarter S&P 500 profits to have dropped 1.8% year-on-year, according to Refinitiv data. While a solid improvement over recent estimates, it would still mark the first earnings contraction since 2016.

Of the 42 S&P 500 companies that have posted so far, 81% have beaten consensus, compared with the 65% average beat rate going back to 1994.

PepsiCo Inc rose 2.1% after quarterly results beat Wall Street estimates on higher demand for its snacks, low-sugar sodas.

On the economic front, a Commerce Department report, due at 8:30 a.m. ET, is expected to show U.S. trade deficit widening to $53.5 billion in February. The Federal Reserve issues its so-called Beige Book at 2 p.m. ET, a compendium of anecdotes on the health of the economy, drawn from the central bank’s sources across the nation.

(Reporting by Amy Caren Daniel and Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)

Source: OANN

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul
Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul, Afghanistan April 26, 2019. REUTERS/Omar Sobhani

April 26, 2019

By Rupam Jain and Hameed Farzad

KABUL (Reuters) – Afghan President Ashraf Ghani encouraged newly-elected lawmakers to participate in the peace process with the Taliban as he opened on Friday the first session of parliament since a controversial election.

Ghani has invited thousands of politicians, religious scholars and rights activists to an assembly known as a loya jirga next week to discuss ways to end the 17-year war.

Several opposition leaders have said they will boycott the four-day assembly in Kabul, saying it was pulled together without their input and is being used by Ghani as he seeks a second term in a September presidential election.

“We have presented the peace plan on a regular basis and we are committed to it,” Ghani said in the first session since parliamentary elections marred by technical problems, militant attacks and accusations of voting fraud last year.

“Based on this plan, there will be no peace deal and negotiation that does not have the green card of the parliament,” he added.

Officials from the United States and the Taliban have held several rounds of talks to end the Afghan war.

U.S. negotiator, Zalmay Khalilzad, has reported some progress toward an accord on a U.S. troop withdrawal and on how the Taliban would prevent extremists from using Afghanistan to launch attacks as al Qaeda did on Sept. 11, 2001.

The insurgents have so far rejected U.S. demands for a ceasefire and talks on the country’s political future that would include Afghan government officials.

The loya jirga, a centuries-old institution used to build consensus among competing tribes, factions and ethnic groups, is an attempt by Ghani to influence the peace talks and cement his position for a second term, Afghan politicians and Western diplomats say.

Amid growing political divisions in Kabul, opposition politicians have demanded that Ghani step down when his mandate ends next month, and give way to an interim government to oversee peace talks with the Taliban. Ghani has ruled that out.

The country’s top court said last week Ghani can stay in office until the presidential election in September.

(Reporting by Hameed Farzad, Rupam Jain, Editing by Darren Schuettler)

Source: OANN

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Deputy Attorney General Rod Rosenstein Thursday defended special counsel Robert Mueller’s investigation while slamming former President Barack Obama’s administration for being slow to take action on Russian interference in U.S. elections and ex-FBI Director James Comey for telling Congress the agency was investigating collusion between the Trump campaign and Russia.

“Our nation is safer, elections are more secure, and citizens are better informed about covert foreign influence schemes,” Rosenstein said in a speech to the Armenian Bar Association, marking his first public remarks after the Mueller report was released, reports CBS News.

He also pointed out that the investigation revealed a pattern of computer hacking and the use of social media to undermine elections as “only the tip of the iceberg of a comprehensive Russian strategy to influence elections, promote social discord, and undermine America, just like they do in many other countries,” reports The Wall Street Journal.

The Obama administration also made “critical decisions,” including choosing not to publicize the full story about Russian hackers and social media trolling, “and how they relate to a broader strategy to undermine America,” said Rosenstein.

He noted that the Mueller probe began after Comey disclosed during a hearing before Congress that President Donald Trump “pressured him to close the investigation and the president denied that the conversation occurred.”

Rosenstein said two years ago, when he was confirmed, he was told by a Republican senator that he would be in charge of the probe and that he’d report the results to the American people.

However, he said he didn’t promise to do that, because it is “not our job to render conclusive factual findings. We just decide whether it is appropriate to file criminal charges.”

Source: NewsMax Politics

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FILE PHOTO: The Huawei logo is pictured outside its Huawei's factory campus in Dongguan, Guangdong province
FILE PHOTO: The Huawei logo is pictured outside its Huawei’s factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Ben Blanchard

BEIJING (Reuters) – Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China’s Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

News that Britain’s National Security Council, attended by senior ministers and spy chiefs, had agreed on Tuesday to bar Huawei from all core parts of the country’s 5G network and restrict its access to non-core elements was leaked to a national newspaper.

The leak of secret discussions has sparked anger in parliament and amongst Britain’s intelligence community. Britain’s most senior civil servant Mark Sedwill has launched an inquiry and written to ministers who were at the meeting.

“My understanding from London (is) that an investigation has been announced into apparent leaks from the NSC meeting earlier this week,” said Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing.

“To my knowledge there has never been a leak from a National Security Council meeting before and therefore I think it is very important that we get to the bottom of what happened here,” he told Reuters in a pooled interview.

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation. The majority of the ministers at the NSC meeting have said they were not involved, according to media reports.

Hammond said he was unaware of any previous leak from a meeting of the NSC.

“It’s not about the substance of what was apparently leaked. It’s not earth-shattering information. But it is important that we protect the principle that nothing that goes on in national security council meetings must ever be repeated outside the room.”

Allowing Huawei a reduced role in building its 5G network puts Britain at odds with the United States which has told allies not to use its technology at all because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

There have been concerns that the NSC’s conclusion, which sources confirmed to Reuters, could upset other allies in the world’s leading intelligence-sharing network – the Five Eyes alliance of the United States, Britain, Australia, Canada and New Zealand.

However, British ministers and intelligence officials have said any final decision on 5G would not put critical national infrastructure at risk. Ciaran Martin, head of the cyber center of Britain’s main eavesdropping agency, GCHQ, played down any threat of a rift in the Five Eyes alliance.

(Writing by Michael Holden; Editing by Mark Heinrich)

Source: OANN

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