Upcoming shows
Real News

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Germany’s RWE sees bleak 2019 as fossil-fuel plants struggle

FILE PHOTO: Brown coal fired power plants of RWE, one of Europe's biggest utilities in Neurath near Cologne
FILE PHOTO: Steam rises from the five brown coal-fired power units of RWE, one of Europe's biggest electricity companies in Neurath, north-west of Cologne, Germany March 12, 2019. REUTERS/Wolfgang Rattay/File Photo

March 14, 2019

By Christoph Steitz

FRANKFURT (Reuters) – RWE forecast core earnings could fall by a fifth this year, as Germany’s largest electricity producer struggles to halt a decline in profitability at its conventional power plants and grapples with Germany’s plan to phase out coal.

RWE is in the process of taking over the renewable activities of rival E.ON and subsidiary Innogy, turning it into Europe’s No.3 green energy group behind Spain’s Iberdrola and Italy’s Enel.

It is also facing margin erosion at its large fleet of coal- and gas-fired power plants, which have also come under pressure following proposals by a government-appointed commission to exit coal as an energy source by 2038.

“The Commission clearly spoke out against forced layoffs and leaving people in the lurch,” Chief Executive Rolf Martin Schmitz said. “But we need some more details, as there are still a lot of questions that require answers.”

Finance chief Markus Krebber said it would not be easy to keep profitability at the group’s conventional power plants stable.

Shares in the company were down 2.5 percent in early trade.

RWE expects adjusted core earnings of 1.2-1.5 billion euros ($1.4-$1.7 billion) this year after a decline of 29 percent to 1.5 billion euros in 2018. Adjusted net income is seen at 300-600 million euros, compared with 591 million in 2018.

Jefferies analysts said the guidance was 8 percent below consensus, adding it could be partly explained by higher costs for IT and the pending integration of the renewable units of E.ON and Innogy.

“But the driver for the remaining difference is unclear to us, and so it is difficult to say if the 8 percent miss is on an underlying basis or a more conservative stance from the management,” they wrote.

(Editing by Thomas Seythal and Subhranshu Sahu; Editing by Mark Potter)

Source: OANN

0 0

Brussels area close to EU cleared after bomb alert

Some 40 people were preventively evacuated from a building near to European Union headquarters in Brussels after a bomb threat was sent to a company linked to the EU.

Police spokeswoman Ilse Van de Keere said a "telephone bomb threat" was made Tuesday morning to a consulting office linked to the EU's executive Commission and that it has been taken seriously.

Part of the street has been sealed off and sniffer dogs have been sent to the scene.

The operation was still ongoing around noon local time (1100 GMT).

Source: Fox News World

0 0

Troop withdrawal in Yemen’s Hodeidah could start Tuesday, Wednesday: U.N.

FILE PHOTO: People ride a motorbike on a street in Hodeidah
FILE PHOTO: People ride a motorbike on a street in Hodeidah, Yemen December 15, 2018. REUTERS/Abduljabbar Zeyad -/File Photo

February 19, 2019

By Michelle Nichols

UNITED NATIONS (Reuters) – A redeployment of forces in Yemen’s Hodeidah by the warring parties could start “possibly even today or tomorrow,” United Nations Yemen envoy Martin Griffiths told the U.N. Security Council on Tuesday.

The Iran-aligned Houthi movement and the Saudi-backed government agreed in talks in December to withdraw troops by Jan. 7 from Hodeidah under a truce aimed at averting a full-scale assault on the port and paving the way for negotiations to end the four-year war.

But the pact stalled over control of the Red Sea city, a lifeline for millions facing famine. After weeks of diplomacy, the United Nations said on Sunday that the parties had reached agreement on phase one of a troop redeployment.

“The parties have agreed to redeploy from the ports of Saleef and Ras Isa in a first step, followed by a redeployment from Hodeidah port itself and critical parts of the city of Hodeidah associated with humanitarian facilities in step two,” Griffiths told the 15-member Security Council on Tuesday.

“This will facilitate humanitarian access to the Red Sea Mills,” he said.

The World Food Program grain stores at the Red Sea Mills are enough to feed 3.7 million people for a month and have been inaccessible for more than five months. The United Nations has warned the food is at risk of rotting.

(Reporting by Michelle Nichols; Editing by Chizu Nomiyama and David Gregorio)

Source: OANN

0 0

Turkish court acquits HSBC Turkey CEO of insulting President Erdogan

Turkish President Erdogan attends a signing ceremony following the talks with his Russian counterpart Putin in Moscow
Turkish President Tayyip Erdogan attends a signing ceremony following the talks with his Russian counterpart Vladimir Putin at the Kremlin in Moscow, Russia April 8, 2019. Sputnik/Alexei Nikolsky/Kremlin via REUTERS

April 11, 2019

ISTANBUL (Reuters) – A Turkish court on Thursday acquitted HSBC Turkey chief executive Selim Kervanci of a charge of insulting President Tayyip Erdogan by retweeting a video on social media at the time of nationwide protests in 2013.

Kervanci told the court he did not intend to insult anyone by retweeting the video and had not viewed the video before sharing it.

(Reporting by Ebru Tuncay and Ali Kucukgocmen; Writing by Daren Butler; Editing by Jonathan Spicer)

Source: OANN

0 0

House Dem asks IRS for 6 years of Trump’s tax returns, setting up showdown with White House

A House committee chairman has formally requested the IRS provide six years of President Donald Trump's personal and business tax returns, setting up an inevitable legal showdown with the White House and underscoring Democrats' continued efforts to shed light on the president's finances.

The request Wednesday by Massachusetts Rep. Richard Neal, who heads the tax-writing House Ways and Means Committee, is the first such demand for a sitting president's tax information in 45 years.

Neal made the request in a letter to IRS Commissioner Charles Rettig, asking for Trump's personal and business returns for 2013 through 2018.

“It is critical to ensure the accountability of our government and elected officials," Neal said in a statement. "To maintain trust in our democracy, the American people must be assured that their government is operating properly, as laws intend."

House Ways and Means Committee Chairman Richard Neal, D-Mass., arrives for a Democratic Caucus meeting at the Capitol in Washington, on April 2, 2019. Rep. Neal, whose committee has jurisdiction over all tax issues, has formally requested President Donald Trump's tax returns from the Internal Revenue Service for the past 6 years. (AP Photo/J. Scott Applewhite)

House Ways and Means Committee Chairman Richard Neal, D-Mass., arrives for a Democratic Caucus meeting at the Capitol in Washington, on April 2, 2019. Rep. Neal, whose committee has jurisdiction over all tax issues, has formally requested President Donald Trump's tax returns from the Internal Revenue Service for the past 6 years. (AP Photo/J. Scott Applewhite)

Neal specifically demanded the federal income tax returns from eight entities, including Trump National Golf Club-Bedminster, as well as statements specifying whether the returns were ever under audit. Neal also demanded all administrative files, including affidavits, related to each return.

CLICK HERE TO GET THE FOX NEWS APP

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., followed up with a statement backing up his counterpart in the House.

“The law is crystal clear—the Treasury Department must provide tax returns to the Ways & Means and Finance Committees when the chairman requests them. I expect the Treasury Department to comply in a timely manner,” Wyden said. “Chairman Grassley should make the same request so Senate Finance Committee members are also able to access them.”

Fox News' Mike Emanuel, Chad Pergram and The Associated Press contributed to this report.

Source: Fox News Politics

0 0

Pakistan call for peace with India as it shows off its military might

Women from armed forces march in the Pakistan Day military parade in Islamabad
Women from armed forces march in the Pakistan Day military parade in Islamabad, Pakistan, March 23, 2018. REUTERS/Caren Firouz

March 23, 2019

By Saad Sayeed

ISLAMABAD (Reuters) – Pakistan wants peace with India and they should focus on health and education, the Pakistani president said on Saturday during a parade to show off its military might following a tense standoff between the nuclear-armed neighbors.

Conflict between the rivals erupted last month following a suicide bomb attack claimed by a Pakistan-based militant group in the Indian party of the disputed and divided Kashmir region that killed 40 paramilitary police.

“We do not believe in war and want to solve problems through dialogue,” President Arif Alvi said in his Pakistani Republic Day speech.

“Instead of war we should focus on education and health.”

Pakistani warplanes engaged in a dogfight with Indian aircraft over Kashmir on Feb. 27, a day after a raid by Indian jets on what it said was a militant camp in Pakistan.

In their first such clash since their last war, in 1971, Pakistan downed an Indian plane and captured its pilot after he ejected over Pakistan-controlled Kashmir.

The pilot was later released by Pakistan as a peace gesture.

The president, who largely holds ceremonial duties, said India had blamed Pakistan for the suicide-bomb attack without evidence, which he said was irresponsible.

Saturday’s military parade included an air show featuring the Pakistani-built JF-17 fighter jet. One of the aircraft shot down the Indian plane last month.

“Today’s parade is sending the message that we are a peaceful people but we will never be oblivious of our defense,” Alvi said.

The parade was attended by Malaysian Prime Minister Mahathir Mohamad, who was invited to attend as the chief guest, and Pakistani Prime Minister Imran Khan.

Khan said on Twitter earlier that he had received a message from Indian Prime Minister Narendra Modi with his best wishes for Republic Day and calling for peace and regional cooperation.

“I welcome PM Modi’s message to our people,” Khan said.

“I believe it’s time to begin a comprehensive dialogue with India to address and resolve all issues.The dispute over the former princely state of Kashmir sparked the first two of three wars between India and Pakistan after independence in 1947. They fought the second in 1965, and a third, largely over what become Bangladesh, in 1971.

(Reporting by Saad Sayeed; Editing by Robert Birsel)

Source: OANN

0 0

Stacey Abrams nonprofit's spending prompts questions

Spending by Fair Fight Action, a nonprofit that former Georgia House Minority Leader Stacey Abrams founded to advance voting rights, and which is staffed by former Abrams campaign aides, is prompting questions about whether it's inappropriately supporting her political ambitions.

In a matter of months, Abrams has gone from losing the Georgia governor’s race to being a heavily recruited Democratic star, urged to run for Senate and mentioned as a possible presidential contender.

On Wednesday, a GOP-affiliated group called the Foundation for Accountability and Civic Trust, or FACT, filed a complaint with the Internal Revenue Service. The group pointed to roughly $100,000 worth of Facebook ads featuring Abrams, an advertisement for a “Stacey Abrams Fundraiser” that featured Fair Fight Action’s logo, travel for Abrams’ post-election “thank you” tour of Georgia and a professionally produced “highlight reel” of Abrams footage on the group’s website.

The complaint argued Fair Fight Action has been supporting Abrams’ political ambitions, not advocating for voting rights. That would be a violation of tax law that forbids political 501(c)(4) nonprofits from providing a “private benefit” to a particular person or group, according to a copy of the complaint provided to The Associated Press. The group typically files ethics complaints against Democrats but also has targeted some Republicans, including North Carolina Rep. Mark Meadows, a leader of the conservative House Freedom Caucus.

Although there is no proof of any illegal activity, some of the organization’s expenditures could pose a problem if Abrams follows through with her pledge to run for office again. For the organization to be tax exempt, it can’t be involved in campaign work; if she runs, all their support for her could appear like campaign work. Abrams serves as the chairwoman of Fair Fight Action’s board.

If she runs for federal office and it's determined that the group laid the groundwork for her campaign, donation limitations could retroactively apply to Fair Fight Action, legal experts have said.

BIDEN, SANDERS, REMAIN ON TOP IN LATEST 2020 DEMOCRATIC PRIMARY POLL

Fair Fight Action CEO Lauren Groh-Wargo, Abrams’ former campaign manager, disputed the details of FACT’s complaint. She said that while Abrams is the figurehead of the organization, Fair Fight Action’s promotional activities have always focused on voting rights issues.

“It’s no surprise that right-wing hit groups allied with Donald Trump are launching bogus attacks against Fair Fight,” she said in an emailed statement. “They’re afraid of Stacey Abrams and even more afraid that all eligible Georgians will exercise their right to vote.”

Abrams has said that she will decide soon on her political future. Last week, she met with former Vice President Joe Biden, leading to speculation he might pick her as a running mate if he enters the 2020 White House race and wins the Democratic nomination. Her latest moves also have been closely watched by national Republicans, who have said she would be a formidable challenger to Republican Sen. David Perdue of Georgia in 2020.

Caitlin Highland, an Abrams spokeswoman, said Abrams will step down from Fair Fight Action if she runs for office again.

CLICK HERE TO GET THE FOX NEWS APP

The mission of Fair Fight Action, founded in 2014 as the Voter Access Institute, was to provide “education to voters on how and where to vote.” It paid Abrams an annual salary of about $80,000 and was barred under its own corporate bylaws from promoting political candidates, records have shown.

The group, which does not disclose its donors, raised about $2.5 million from 2014 to 2016, according to the records. It has not yet filed tax paperwork showing what it raised in 2018 when she was running for governor.

Fox News’ Gregg Re and The Associated Press contributed to this report.

Source: Fox News Politics

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NEED FOR CASH

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

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

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

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

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

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

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

Source: Fox News World

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

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

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

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

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

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

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

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

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

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

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

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

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

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

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

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

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

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

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

(Reporting by Muvija M in Bengaluru)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist