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

$2M lottery winner from Tennessee: ‘I’m still a redneck’

A Tennessee man who won $2 million on a scratch-off lottery ticket says the money won't change him.

Dyersburg resident Timothy Seratt told WREG-TV that "I might have a lot of money, but I'm still a redneck."

Seratt says he's lived paycheck-to-paycheck his whole life, that he's never flown in a plane and never traveled farther north than Kentucky.

While he doesn't have plans for some of the $1.3 million he'll take home after taxes, he still plans to work.

Seratt said his immediate plans are to pay off his house and his mom's house and take his two kids to Disney World. He'd also like to fly to Los Angeles to watch the Dodgers play baseball, but says he'll look to invest much of the money.

Source: Fox News National

0 0

Ukrainian presidential candidates trade insults in final debate

Ukraine's presidential candidates Petro Poroshenko and Volodymyr Zelenskiy attend a debate in Kiev
Ukraine's President and presidential candidate Petro Poroshenko attends a policy debate with his rival, comedian Volodymyr Zelenskiy, at the National Sports Complex Olimpiyskiy stadium in Kiev, Ukraine April 19, 2019. REUTERS/Valentyn Ogirenko

April 19, 2019

By Polina Ivanova and Pavel Polityuk

KIEV (Reuters) – The two men vying to be Ukraine’s next president traded insults and accusations in a final raucous debate on Friday in front of thousands of supporters ahead of a decisive run-off vote this weekend.

The debate, held in a hulking football stadium, was one of the last opportunities for incumbent President Petro Poroshenko to try to overhaul a significant lead in the opinion polls enjoyed by his challenger Volodymyr Zelenskiy, a comedian with no prior political experience.

The event was light on policy and heavy on theatrics with supporters cheering and booing their respective candidates and shouting “Shame” and “Go away” in a gladiatorial atmosphere.

In a rare break from mutual mud-slinging, both men briefly knelt on stage at one point to honor the memory of Ukrainian soldiers killed in the country’s simmering 5-year war with Russian-backed separatists.

Zelenskiy, who plays a fictional president in a popular TV series, tried to cast Poroshenko as a rich out-of-touch leader who has overseen corruption and failed to end the war.

“I’m not a politician,” Zelenskiy told Poroshenko. “I’m just an ordinary person who has come to break the system. I’m the result of your mistakes and promises.”

He also questioned why living standards were in decline.

“How is it that Ukraine is the poorest country with the richest president?”

Standing in front of a Ukrainian flag surrounded by army veterans, Poroshenko tried to portray Zelenskiy as an inept draft-dodger who would be unable to defend the country against Russian President Vladimir Putin.

“You’d be a weak head of state who would be unable to defend yourself from Putin’s blows. I don’t believe that Mr Volodymyr (Zelenskiy) dreams of handing over Ukraine, of dragging Ukraine back into the Russian empire, but Putin has such a dream.”

Zelenskiy was a front for other people, said Poroshenko, accusing him of wanting to further Russian interests and those of Ihor Kolomoisky, one of Ukraine’s richest businessmen.

He also levelled accusations of financial wrongdoing against Zelenskiy to which the comedian hit back:

“I’m not at the prosecutor’s office, I haven’t done anything to find myself there, but maybe you’ll have to meet with the prosecutor.”

Zelenskiy has put Poroshenko on the backfoot by running an unorthodox campaign that eschewed traditional rallies and relied on quirky social media videos and comedy gigs.

The hour-long debate in the stadium, an unprecedented spectacle in Ukraine’s modern history, came after Zelenskiy challenged Poroshenko to meet him there.

“I think this is the first and last time it’ll be this way in the history of such debates. For them to be in a stadium? Never again. The atmosphere is just super,” said Anya, a 25-year-old Zelenskiy supporter from the Poltava region.

“I loved it.”

(Reporting by Polina Ivanova, Pavel Polityuk and Natalia Zinets; Writing by Matthias Williams and Andrew Osborn; Editing by Andrew Osborn)

Source: OANN

0 0

Yellow Vests Movement Dwindling – Report

Demonstrations in France, sit-ins near the Eiffel Tower and a flashmob at Charles de Gaulle airport: the Yellow Vests are organizing a weekend of new types of protest for their Act 17 to try to combat falling numbers.

This comes before what protestors are calling the “Ultimatum” on March 16, to mark the end of President Emmanuel Macron’s three months of “Great National Debate.”

After almost four months of weekly protests, the anti-government movement has been facing a slow decline for several Saturdays. For Act 16, 39,300 demonstrators were registered in France by the Interior Ministry, including 4,000 in Paris.

The numbers were down slightly from the previous Saturday, when 46,600 protesters took to the streets across France, including 5,800 in the capital. In general, the numbers have been steadily declining from the 282,000 peak at the start of the Yellow Vests protests last November. To counter this waning turnout, protestors have devised original new ways to make their dissent known.

“Decisive act: we will not move” is the name for the main event of the weekend in Paris. The protestors are holding a three-day sit-in on the Champ de Mars, the park in front of the Eiffel Tower. Demonstrations are also planned in Lyon, Besançon, Strasbourg, Lille, Bordeaux, Montpellier, Avignon, Quimper or Le Puy-en-Velay.


Jake Lloyd sheds light on the infamous protesters forcing Macron to compromise.

As early as Friday evening, some 30 demonstrators tried to set up a few structures near the Eiffel Tower, but were quickly dislodged by the police, an AFP journalist noted.

“Without the announcement of real measures, we will stay on site all weekend and beyond if necessary,” says the event’s Facebook page, which has 1,400 participants registered on Facebook and 6,600 marked as “interested.”

(Photo by NurPhoto / Contributor / Getty)

The occupation of the Champ de Mars was largely relayed by prominent leaders of the movement. “The 8,9,10, big sit-in, big mobilization,” Maxime Nicolle promised in a video on Thursday. “We’ll sleep on the spot.”

The Parisian sit-in must “set up our roundabouts in the heart of the capital, where we will be visible to everyone and get our message across”, explained another high-profile Yellow Vest member Priscillia Ludosky at a press conference last week.

Act 17 has also taken inspiration from International Women’s Day. On Saturday, the Yellow Vest women are calling for a demonstration in Paris, starting at 11:00 am between the Champs-Élysées and Luxembourg Park. The aim is to “bring all mobilizations together”.

A “giant flashmob” at Terminal 1 of Paris’s Roissy airport has also been announced at midday to protest against Aéroports de Paris’s privatization project.

For the Yellow Vests, the stated objective for March is to revive the spirit of the beginning of the movement.

Scheduled for March 16, Act 18 of the movement will take place the day after the official end of the Great National Debate and hopes to bring together “the whole of France in Paris” to issue an “ultimatum” to the government.


Mike Adams breaks down the Democrats’ plan to change U.S. Presidential Election laws to usurp citizens’ real representation and enact mob rule by making the winner of the popular vote the President.

Source: InfoWars

0 0

Notre Dame fire shows the power of monuments to the French

Monuments are the emotional backbone of France. That accounts for the despair over a blaze that killed no one, yet seared the collective soul. It is the power Notre Dame had — still has, despite the charred scars on its Gothic walls.

It is not only the unique beauty of the Eiffel Tower in Paris, the palaces of Versailles or Mont Saint-Michel proudly facing the sea that make monuments the epitome of France — it is also the sense of nationhood they represent.

"It is the epicenter of our lives," French President Emmanuel Macron said of the 12th-Century Cathedral.

"It is what we are," added historian Camille Pascal on CNews.

When one such monument goes up in flames, the country weeps — literally in the case of another historian on national radio, even before the full extent of the damage became clear.

Across the nation, the pain was equally felt, especially because just about every region has a similar treasure to cherish.

In the eastern city of Strasbourg, which has an equally stunning cathedral made of red stone reminiscent of the glow the fire reflected on the towers of Notre Dame in Monday's twilight, solidarity was immediate.

"All our heart is with Paris and Notre Dame," the city said in a statement. Several European Union leaders were in town, gathering to address their legislature and discuss treaties, laws and regulations.

"The burning of the Notre Dame Cathedral has again made us aware that we are bound by something more important and more profound than treaties," said EU Council President Donald Tusk early Tuesday.

For all, it was clear the monument transcended its religious meaning and instead was a symbol of European civilization.

For President Macron too, such is the aura of national monuments that his whole agenda was turned upside down in minutes. After months of violent protests by the yellow vest movement, on Monday evening he was finally to make a solemn televised statement from the Elysee on how to fix the nation's social fabric.

No sooner had news of the fire spread than Macron canceled all plans for the TV address and he was heading over to the burning cathedral a few miles up the Seine river that slices Paris in two. The nation fully understood.

Instead of addressing social inequality he was announcing an immediate national fundraising campaign to restore the building.

"I tell you solemnly tonight: This cathedral, we will rebuild it, all together," Macron said in front of the smoldering church. "Without a doubt it is a part of our French destiny."

Since the church has become such a symbol of European culture, Tusk said the whole EU should help.

"I call on all 28 member states to take part in this task. I know that France could do it alone, but at stake here is something more than just material help," he said.

France has had to come to the aid of its monuments before. With many churches and monuments ravaged by the 1789 revolution, Eugene Viollet-le-Duc inspired a restoration drive during the 19th century that left monuments from Notre Dame to Mont St. Michel and the walled medieval city of Carcassonne the envy of the world.

And at the same time, beyond providing national pride, he helped France become of the top tourist nations in the world, which now adds some 200 billion euros annually to the nation's GDP.

The draw of the French monuments was already there when U.S. chronicler Mark Twain visited Notre Dame a century and a half ago.

Mischievously, he wrote in "The Innocents Abroad": "We recognized the brown old Gothic pile in a moment; it was like the pictures."

He continued: "We loitered through the grand aisles for an hour or two, staring up at the rich stained-glass windows embellished with blue and yellow and crimson saints and martyrs, and trying to admire the numberless great pictures in the chapels," he said of some of the attractions.

That picture had endured through the decades since. It changed indelibly on Monday.

Source: Fox News World

0 0

Total CEO’s compensation drops 17 percent in 2018: company document

FILE PHOTO: Patrick Pouyanne, Chairman of the Board and Chief Executive Officer of Total, attends the World Economic Forum (WEF) annual meeting in Davos
FILE PHOTO: Patrick Pouyanne, Chairman of the Board and Chief Executive Officer of Total, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018. REUTERS/Denis Balibouse

March 20, 2019

PARIS (Reuters) – The board of French oil and gas major Total has proposed to keep Chief Executive Patrick Pouyanne’s 2018 compensation at 3.1 million euros ($3.55 million) compared with 3.8 million in 2017, company documents showed on Wednesday.

The total pay includes 1.4 million euros in fixed compensation, same level as 2017, and 1.72 million in annual variable compensation, compared with 2.4 million in 2017, and 69,000 in other benefits, the documents showed.

(Reporting by Bate Felix; editing by Leigh Thomas)

Source: OANN

0 0

Bernie Sanders touts working-class message at Pittsburgh rally

Sen. Bernie Sanders, I-Vt., argued Sunday that among the presidential candidates, he was the best Democrat to win back a string of Midwestern states from President Trump in 2020, claiming that the sitting president had told working-class families a "monstrous lie" by vowing to take on monied interests in Washington.

"Donald Trump has told literally thousands of lies since he began his campaign and since he has been in the White House," Sanders told an estimated crowd of 4,500 at an outdoor rally in Pittsburgh. "But, the biggest lie that he told the people of Pennsylvania ... was that he was going to stand up for working families and take on the establishment."

Sunday's rally wrapped up a weekend swing in which Sanders also held rallies in Wisconsin and Michigan. Voters in all three states backed Trump over Hillary Clinton in 2016, stunning Democrats who had seen them as part of a "blue wall" held together by urban African-American voters and traditionally liberal white working-class voters.

"We are going to win in Pennsylvania, we’re going to win in Michigan, we're going to win in Wisconsin, we're going to win in Indiana and Ohio," Sanders promised his cheering supporters. "And, by the way, we’re going to win the election."

The self-described democratic socialist said his political movement mirrored the labor movement, the civil rights movement, the women's movement and the gay rights movement in showing that "real change never takes place from the top on down, always from the bottom up." He recited a laundry list of policies -- including raising the federal minimum wage, government-run health care and legalizing marijuana -- that he claimed were described as "too radical" by members of the media and political establishment.

SEN. BERNIE SANDERS: WE NEED AN ECONOMY AND GOVERNMENT THAT WORKS FOR ALL, NOT JUST THE TOP ONE PERCENT

"Today, virtually all of those ideas are supported by a majority of the American people and they are ideas that Democratic candidates from school board to president of the United States now support," Sanders said, noting that his insurgent campaign for the 2016 Democratic nomination had netted "more votes from young people than Trump and Clinton combined."

Sanders also proudly noted that his supporters had campaigned successfully to change the party's rules governing superdelegates at next year's Democratic National Convention "and maybe ending a system in which one candidate had 500 superdelegates before the first vote was cast." The Democratic National Committee voted last summer to prevent superdelegates from voting on the first presidential nomination ballot unless a candidate had enough votes from pledged delegates, who choose a candidate based on the results of the Democrats' primaries and caucuses.

The Vermont senator also addressed his signature issue, vowing to health insurance companies that "whether you like it or not, the United States will join every other major country on earth and guarantee health care to all people as a right."

CLICK HERE TO GET THE FOX NEWS APP

"It is an international embarrassment that in America today we got 30 million people with no health insurance and even more who are underinsured with high deductibles and high co-payments and for all of that we end up spending twice as much per capita on healthcare as do the people of any other nation," said Sanders, who warned his audience that "the insurance companies are getting nervous" about his message.

"They are prepared and will spend hundreds of millions of dollars to stop us," he said, "but we are gonna win this struggle and we will pass a Medicare for All single-payer program."

Fox News' Jennifer Oliva in Pittsburgh and Adam Shaw contributed to this report.

Source: Fox News Politics

0 0

Machine-learning on the rise in financial services: Refinitiv

FILE PHOTO: A chart is displayed behind a trader on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York
FILE PHOTO: A chart is displayed behind a trader on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 26, 2019. REUTERS/Lucas Jackson/File Photo

April 9, 2019

By Saikat Chatterjee

LONDON (Reuters) – The use of machine-learning has picked up across the financial services industry, although problems such as data quality continue to dog its progress, a study by Refinitiv has found.

In a report, Refinitiv, the financial data provider, said more than 90 percent of the organizations it surveyed had either deployed machine-learning in multiple areas of the organization or have made a start in some pockets.

Machine-learning refers to the use of algorithms and statistical models in financial markets without using human directions and instead relies on patterns to make choices.

While the initial driver of such technologies was the automation of repetitive tasks, the survey found that the top applications were in the areas of risk avoidance, generating trading and investment ideas and analyzing performance.

Conducted via 447 telephone interviews of senior executives and data-science practitioners across various financial services firms, the survey also found the quality of data as the primary barrier to machine-learning adoption.

Machine-learning has long been the mainstay of deep-pocketed hedge funds, which have combined complex algorithmic strategies with financial data to make big bets on markets.

But with the growing use of cloud computing and the constant pressure on banks to reduce costs, machine-learning techniques have seen a greater acceptance among banks.

“Thanks to parallel computing and cloud computing, we are seeing the playing field being slowly leveled in terms of machine-learning strategies,” said Tim Baker, global head of applied innovation at Refinitiv.

The survey also found foreign exchange ranked a distant fourth in terms of structured data by asset class with stocks, fixed income and derivatives the top three.

Foreign exchange markets with a myriad trading platforms and opaque over-the-counter trading format was a particular problem area for data scientists when it came to applying machine-learning strategies.

“Standing in the way of machine-learning adoption in the FX market is a potent combination of data science, engineering and technology management problems,” said Matthew Hodgson, CEO and founder of Mosaic Smart Data, a data analytics company.

(Reporting by Saikat Chatterjee; Editing by David Evans)

Source: OANN

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