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Cycling: Ineos’ takeover of Team Sky raises financial fairness questions

Ratcliffe, CEO of British petrochemicals company INEOS, poses for a portrait with the Canary Wharf financial district seen behind, ahead of a news conference announcing the launch of a British America's Cup sailing team in London, Britain
FILE PHOTO: Jim Ratcliffe, CEO of British petrochemicals company INEOS, poses for a portrait with the Canary Wharf financial district seen behind, ahead of a news conference announcing the launch of a British America's Cup sailing team in London, Britain, April 26, 2018. REUTERS/Toby Melville

March 20, 2019

By Julien Pretot

PARIS (Reuters) – Team Sky’s takeover by chemical giant Ineos raises questions on financial fair play in cycling as the new outfit is expected to increase its monetary advantage over rival teams.

The British team’s budget of about 40 million euros (about $45.4 million) is likely to be significantly increased when Britain’s richest man Jim Ratcliffe takes over in May, sources told Reuters.

British broadcaster Sky said in December it would end its sponsorship of Dave Brailsford’s cycling team by the end of the 2019 season, throwing the hugely successful team’s future into doubt.

Ratcliffe rode to the rescue of Team Sky when his chemicals multinational Ineos was confirmed as the new owner of the powerhouse cycle team on Tuesday.

“I understand there can be concerns that the team with the biggest budget can have all the best riders and it affects the uncertainty of sport,” International Cycling Union (UCI) president David Lappartient told Reuters.

Team Sky won six of the last seven editions of the Tour de France with three different riders – Bradley Wiggins, Chris Froome and Geraint Thomas – and in 22-year-old Colombian Egan Bernal, the recent winner of Paris-Nice, they have the hottest prospect in stage races.

Most of Sky’s biggest rivals operate on a budget of 15-20 million euros.

Asked if cycling should enforce a budget cap to preserve fairness in the sport, Lappartient said: “That’s something that can be discussed.

“But one of our objectives is to have an economy that is more solid.”

The Frenchman said the UCI was in the process of creating a working group on the attractiveness of the sport.

“The more uncertainty we have in our sport, the better for the interest of cycling. It boosts its attractiveness,” he said, adding the involvement of a new sponsor was ‘healthy’.

Sky/Ineos rivals also welcomed a new sponsor in the sport with oil and gas giant Total rumored to take over French team Direct Energie in 2020, according to local media reports.

“If it’s true that Ineos and Total are making their entry in cycling then this is fantastic news for cycling. Hope that others will follow,” Patrick Lefevere, the manager of Belgian team Deceuninck-Quick Step, said on Tuesday.

Some were also concerned.

“It was already hard to compete, I don’t know how we are going to do now,” a team boss, who declined to be named, told Reuters. “We’re just not in the same league. We’ll have to have more imagination.”

Groupama-FDJ manager Marc Madiot told Reuters: “They will continue to do their thing and we will continue to do out thing.”

In a BBC podcast on Tuesday, EF Education First manager Jonathan Vaughters said: “You’re purchasing the ability to win.

“You’re looking at an almost impenetrable wall of money. You can basically go buy all the best riders. The question for the sport is if they are all on one team, is it fun for spectators to watch?”

(Reporting by Julien Pretot; Editing by Sudipto Ganguly)

Source: OANN

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Report: Man arrested on weapons charge faced similar in 2006

A newspaper reports a New Mexico man, who is a member of an armed civilian group that has detained migrants at the border, was arrested on a criminal complaint accusing him of being a felon in possession of firearms and faced similar charges 13 years ago in Oregon.

The Santa Fe New Mexican says 69-year-old Larry Mitchell Hopkins also was accused of impersonating a police officer in Oregon's Klamath County in 2006 and claimed to be a fugitive bounty hunter.

The FBI arrested Hopkins in Sunland Park, New Mexico, on a federal complaint Saturday.

Albuquerque FBI spokesman Frank Fisher says additional information about Hopkins won't be released until after his initial appearance Monday in a Las Cruces federal court.

___

Information from: The Santa Fe New Mexican, http://www.santafenewmexican.com

Source: Fox News National

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Alabama-born ISIS wife who reportedly told Americans to kill themselves now begging to come home

An Alabama woman who reportedly posted a tweet encouraging Americans to kill themselves -- after being “brainwashed” into joining ISIS years ago -- is now begging for officials to let her back into the U.S.

The plea from Hoda Muthana, 24, comes following her recent escape from ISIS and capture by Kurdish forces. She is being held in a refugee camp in northeast Syria and told The Guardian in an interview that her last four years with the terrorist group have been a traumatizing experience where “we starved and we literally ate grass."

“I would tell them please forgive me for being so ignorant, and I was really young and ignorant and I was 19 when I decided to leave,” she told the newspaper when asked if she had a message for American officials.

“I believe that America gives second chances. I want to return and I’ll never come back to the Middle East. America can take my passport and I wouldn’t mind,” she added, noting that she has not been in contact with anyone from the State Department.

FLASHBACK: ALABAMA WOMAN WAS RECRUITED BY ISIS OVER THE INTERNET, ATTORNEY SAYS

The al-Hawl refugee camp in northeast Syria, where Muthana is now being held.

The al-Hawl refugee camp in northeast Syria, where Muthana is now being held. (Getty)

Muthana first made headlines in 2015 after it emerged that she left her family in Birmingham, Alabama to join the bloodthirsty terrorist group.

An attorney representing her parents at the time said Muthana was “brainwashed” over the Internet, according to the Associated Press, and that she went against her family’s wishes and the teachings of Islam by secretly boarding a plane to Turkey in late 2014 to link up with ISIS.

The attorney said it then, but it wasn’t until Sunday -- in her interview with The Guardian -- that Muthana admitted herself that she was “brainwashed” and made a “big mistake.”

“I thought I was doing things correctly for the sake of God,” she said, adding that she was “brainwashed once and my friends are still brainwashed.”

The newspaper says Muthana, during her time with ISIS, lived in their once-stronghold of Raqqa and was married to jihadists from Australia, Tunisia, and Syria – the first two of which have been killed in battle.

In 2015, Muthana reportedly operated a Twitter account and once tried to use it to incite Americans to commit acts of violence amongst themselves on national holidays.

“Americans wake up! Men and women altogether. You have much to do while you live under our greatest enemy, enough of your sleeping!” she once wrote, according to The Guardian. “Go on drivebys, and spill all of their blood, or rent a big truck and drive all over them. Veterans, Patriots, Memorial, etc day … Kill them.”

Muthana now has an 18-month-old son from one of her ISIS marriages. In her interview with The Guardian, Muthana also claims her parents were too strict on her in her upbringing, a factor that she says contributed to her decision to defect to ISIS.

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“You want to go out with your friends and I didn’t get any of that,” she said. “I turned to my religion and went in too hard. I was self-taught and thought whatever I read, it was right."

Now Muthana is not allowed to leave the camp she is being held at and has to be escorted around by Kurdish fighters, more than 6,500 miles away from the Alabama city she once called home.

Source: Fox News World

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IMF chief bashes economic theory embraced by U.S. leftists

FILE PHOTO: IMF Managing Director Christine Lagarde speaks at the Spring Meetings of the World Bank Group and IMF in Washington
FILE PHOTO: IMF Managing Director Christine Lagarde speaks at the Spring Meetings of the World Bank Group and IMF in Washington, U.S., April 11, 2019. REUTERS/James Lawler Duggan/File Photo

April 11, 2019

By Jason Lange

WASHINGTON (Reuters) – The head of the International Monetary Fund on Thursday panned an idea gaining currency in U.S. left-wing circles that Washington could borrow much more aggressively without harming the economy.

Prominent politicians including Senator Bernie Sanders, a self-described democratic socialist seeking the 2020 Democratic presidential nomination, and Democratic U.S. Representative Alexandria Ocasio-Cortez see the idea as a possible way to ramp up spending on social programs.

The theory, known as modern monetary theory, has drawn rebukes from fiscal conservatives and many Democrats as well.

IMF Managing Director Christine Lagarde, whose institution is tasked with rescuing countries stricken by economic crises, appears to be aligned with critics who consider the theory naive.

“We do not think that the modern monetary theory is actually the panacea,” Lagarde said at a news conference during the spring meetings of the IMF and World Bank in Washington.

Lagarde said there might be a few situations in which vastly expanding debt would make sense, such as when a country gets stuck in a deflationary spiral.

“We do not think that any country is, you know, currently in a position where that theory could actually deliver good value in a sustainable way,” she said.

Conventional economists across America’s political spectrum argue the country is already on an unsustainable fiscal path with $22 trillion in outstanding federal debt and chronic deficits driven by social welfare programs.

Proponents of modern monetary theory hold that the U.S. government’s monopoly over dollar issuance – the printing press – gives it the power to spend as much as needed to meet the full employment and inflation mandates currently tasked to the country’s central bank.

IMF chief economist Gita Gopinath said the U.S. dollar’s dominant role in global finance might make it possible for Washington to ramp up spending without immediately driving interest rates higher.

But she said America’s growing spending commitments could eventually cause credit problems and that printing gobs of money to finance deficits could be disastrous.

“Very large amounts of it tend to be inflationary and they typically land countries into a crisis situation,” Gopinath said in an interview with Reuters.

(Reporting by Jason Lange; Additional reporting by David Lawder; Editing by Paul Simao)

Source: OANN

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German cabinet agrees Weidmann can extend term at Bundesbank for eight years

German Bundesbank President Weidmann delivers a speech during a dinner of the Hellenic Bank Association in Athens
German Bundesbank President Jens Weidmann delivers a speech during a dinner of the Hellenic Bank Association in Athens, Greece, August 30, 2018. REUTERS/Alkis Konstantinidis

February 27, 2019

BERLIN (Reuters) – The German cabinet gave the green light on Wednesday for Bundesbank President Jens Weidmann to extend his term for another eight years, a government source said.

Weidmann’s first term expires at the end of April and the cabinet’s decision paves the way for him to stay for a second term.

The extension would in theory keep Weidmann in the mix as a possible successor to ECB chief Mario Draghi, whose job will become available at the end of October, though Bank of France Governor Francois Villeroy de Galhau is seen as frontrunner.

(Reporting by Holger Hansen; Writing by Michelle Martin; Editing by Madeline Chambers)

Source: OANN

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Australian man says boss’s flatulence is form of bullying in $1.2 million lawsuit

An Australian court is being tasked with determining whether flatulence is a forming of bullying in a lawsuit filed a by man against his boss, who regularly “thrusted his bum” at him, according to reports.

David Hingst, 56, a former employee of Construction Engineering, brought a case against supervisor Greg Short, whom he called “Mr. Stinky,” to Australia’s Court of Appeal of the Supreme Court of Victoria. He is seeking $1.28 million.

KRISTEN BELL RECORDS SONG DAUGHTER WROTE ABOUT FLATULENCE, TITLED 'OOPSIES'

“I would be sitting with my face to the wall and he would come into the room, which was small and had no windows,” Hingst said, according to News.com.au. “He would fart behind me and walk away. He would do this five or six times a day."

The stench would prompt Hingst, an engineer, to spray deodorant at his boss, the news site reported.

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He filed his suit in 2017, claiming the recurrent gas-passing was part of an effort to end his employment. During an 18-day trial, Short claimed he “may have done it once or twice, maybe,” but that he had no intention of harassing Hingst, the Washington Post reported.

The case was dismissed in April, with a judge ruling that even if the flatulence had occurred, it wouldn't necessarily amount to bullying. Hingst appealed and the case was heard Monday by a judicial panel at the Court of Appeal of the Supreme Court of Victoria in Melbourne.

A ruling is expected Friday.

Source: Fox News World

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The Latest: Mexican national murder suspect found hanged

The Latest on the death of a Mexican national suspected of killing four people in Kansas and one in Missouri (all times local):

1:30 p.m.

A Mexican national accused of killing four people in Kansas and one in Missouri in 2016 is dead after being found hanging from a light fixture in his St. Louis jail cell.

Pablo Serrano-Vitorino was alone in his cell when he was found at 2:02 a.m. Tuesday. St. Louis Public Safety Director Jimmie Edwards told the St. Louis Post-Dispatch that Serrano-Vitorino had hanged himself and left a note written in Spanish. A spokesman for the city confirmed the death but declined further comment.

Serrano-Vitorino used a safety razor to try and kill himself in his Montgomery County, Missouri, jail cell soon after his arrest in March 2016.

Serrano-Vitorino was accused of fatally shooting four men at a home in Kansas City, Kansas, on the night of March 7, 2016. He was arrested a day later in Montgomery County, Missouri, where he was accused of killing Randy Nordman of New Florence.

Serrano-Vitorino was in the U.S. illegally.

He was being held in St. Louis awaiting trial in the Missouri case on a change of venue.

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11:25 a.m.

A Mexican national accused of killing four people in Kansas and one in Missouri in 2016 is dead after being found unresponsive in his St. Louis jail cell.

A spokesman for the St. Louis mayor's office says Pablo Serrano-Vitorino was found unresponsive and alone in his cell at 2:02 a.m. Tuesday. He was pronounced dead at a hospital about an hour later. No further details were released. He was 43.

Serrano-Vitorino was accused of fatally shooting four men at a home in Kansas City, Kansas, on the night of March 7. He was arrested a day later in Montgomery County, Missouri, where he was accused of killing Randy Nordman of New Florence.

Serrano-Vitorino was in the U.S. illegally.

He was being held in St. Louis awaiting trial in the Missouri case on a change of venue.

Source: Fox News National

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

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The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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