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Papa John’s gives upbeat full-year forecast after rocky 2018, shares rise

The Papa John's store in Westminster
FILE PHOTO: The Papa John's store in Westminster, Colorado, U.S. August 1, 2017. REUTERS/Rick Wilking

February 27, 2019

(Reuters) – Papa John’s International Inc forecast better-than-feared North American same-store sales on Tuesday, as the U.S. pizza chain’s investments on rebranding following its months-long spat with founder John Schnatter pay off.

Shares were up about 3 percent in extended trading, after the company also said it would use about half of a $200 million investment from Starboard Value LP to boost its marketing, introduce new pizzas and improve online ordering.

“We’re going to be very focused on getting traffic, moving back in the right direction because we donated a lot of share in 2018, and we certainly want to get that share back over a period of time”, Chief Executive Officer Steve Ritchie said on conference call with analysts.

Papa John’s said sales would continue to struggle in the first half of 2019, but will improve by the second half.

Schnatter, who resigned in July as chairman following reports he used a racial slur during a media call, has said that the comments were taken out of context.

The company has blamed the negative publicity for denting sales and has taken steps to improve its public image by removing Schnatter’s image from promotional materials and pizza boxes.

Papa John’s earlier this month snubbed Schnatter and accepted an investment from Starboard, also naming the hedge fund’s Chief Executive Officer Jeffrey Smith as its chairman.

Schnatter has filed an updated lawsuit against the company as he tries to get more control over the chain he founded in 1984.

Papa John’s forecast 2019 North America comparable sales to fall 1 percent to 5 percent, while analysts’ were expecting a 3.4 percent drop, according to IBES data from Refinitiv.

The company reported an 8.1 percent fall in North America comparable sales in the fourth quarter ended Dec. 30, compared with the 7.4 percent decline analysts had projected.

However, the company missed total revenue and profit estimates for the quarter.

(Reporting by Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila)

Source: OANN

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The Latest: Case filed in Sweden against Syrian officials

The Latest on the Syria conflict (all times local):

1:45 p.m.

A European human rights group says nine Syrians have filed a criminal complaint in Sweden against senior officials in Syrian President Bashar al-Assad's government.

The European Center for Constitutional and Human Rights, which works to assist survivors of torture in Syria, says the aim was to have Sweden investigate 25 named intelligence officials "as well as those not yet known by name" and issue international arrest warrants.

The Berlin-based non-governmental organization said Wednesday the complaint in Sweden follows similar moves already taken in several European countries.

The arrests earlier this month of three suspects in Germany and France marked a breakthrough for international investigators hoping to hold individuals accountable for atrocities committed on behalf of the Syrian government during the country's eight-year civil war.

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12:50 p.m.

A convoy of trucks carrying civilians has left the last enclave held by Islamic State militants in eastern Syria.

An Associated Press team says at least eight trucks emerged Wednesday from the tip of a humanitarian corridor used in past weeks to evacuate people from the militants' last patch of territory along the Euphrates River.

Women, children and men could be seen aboard the trucks.

Mustafa Bali, a spokesman for the Syrian Democratic Forces, the U.S.-backed militia spearheading the fight against IS in Syria, confirmed the trucks were carrying civilians from the enclave.

It was not immediately clear if militants were also on board the trucks. Around 300 militants are believed to be holed up in the enclave, along with several hundred civilians.

Source: Fox News World

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UK house prices edge up, London falls again: Nationwide

A house door is seen in London
A house door is seen in London, Britain January 19, 2017. REUTERS/Stefan Wermuth

March 29, 2019

LONDON (Reuters) – British house prices picked up only a little bit of speed this month as the approach of Brexit weighed on the housing market, data from mortgage lender Nationwide showed on Friday.

Prices rose by 0.7 percent in annual terms in March, up from a rise of 0.4 percent last month.

House prices were rising by about 5 percent a year at the time of the Brexit referendum in 2016, according to Nationwide.

In monthly terms, prices rose by 0.2 percent after falling by 0.1 percent in February.

Economists in a Reuters poll had expected prices to rise by an annual 0.6 percent and to be flat on the month.

Last week, official data, covering more transactions than other surveys, showed prices in January rose by an annual 1.7 percent, the smallest increase since 2013, when Britain was trying to shake off the effects of the global financial crisis.

Nationwide said London was the weakest performing region in the United Kingdom in the first quarter of 2019 with prices falling by an annual 3.8 percent, the biggest drop since 2009.

It was the seventh consecutive quarter to show falling prices in the capital.

Nationwide said factors behind the fall in London included unaffordable prices for many buyers and tax changes affecting the buy-to-let market.

Howard Archer, an economist with EY Item Club, a forecasting firm, said a prolonged Brexit delay could lead to house prices stagnating or falling slightly in 2019.

“If the UK leaves the EU without a deal during the second quarter, house prices could fall by around 5 percent in 2019 amid heightened uncertainty and weakened economic activity,” Archer said.

(Writing by William Schomberg; Editing by Raissa Kasolowsky)

Source: OANN

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Thailand’s coup maker could face tough transition to civilian leadership

Thailand's Prime Minister Prayuth Chan-ocha speaks during a news conference after a weekly cabinet meeting, after the general election, at Government House in Bangkok
Thailand's Prime Minister Prayuth Chan-ocha speaks during a news conference after a weekly cabinet meeting, after the general election, at Government House in Bangkok, Thailand, March 26, 2019. REUTERS/Athit Perawongmetha

March 26, 2019

By Chayut Setboonsarng and Panu Wongcha-um

BANGKOK (Reuters) – For five years, Thailand’s Prayuth Chan-ocha ruled undisputed as the head of a junta that had grabbed power from a democratically elected government – now, he looks poised to become a civilian prime minister himself.

It would likely be a tough transition for the imperious former army chief, who can hope to stay on despite Sunday’s inconclusive general election thanks to changes critics say his government made to skew the parliamentary system in the junta’s favor.

Prayuth will need patience and compromise to work for the first time with an opposition and coalition allies: these are not qualities associated with a leader who, after a career in the military, appears more comfortable with command and control.

His government will have to develop “some significant savvy at parliamentary wheeling and dealing to … govern without resorting to threats,” said Anthony Nelson, director at the D.C.-based advisory firm, Albright Stonebridge Group.

The election came at a sensitive time – just six weeks before the coronation of King Maha Vajiralongkorn, who assumed the throne after the death of his father, who reigned for 70 years. Any government that emerges will take over after the elaborate May 4-6 coronation.

“Investors will be watching closely the next several months to see if Thailand’s political stability holds through the coronation and the formation of the next cabinet,” Nelson said.

Prayuth’s pro-army party said the former general’s leadership skills will help him adapt to a civilian role.

“He’s a highly merciful person. If he is in a civilian government, you will see him turn over a new leaf. You will see good things from him,” Anucha Nakasai, a board member of the Palang Pracharat party, told Reuters.

NUMBER CRUNCHING

Prayuth’s ambition to extend his rule through the ballot box is not assured. The results of Sunday’s poll are still unclear and although the Palang Pracharat appears to have won the popular vote, there is a chance that it will fall short of the parliamentary seats required to rule.

If Prayuth does make it, his government may be vulnerable to charges that he did so only because of a constitutional change introduced three years ago by the junta that made it very difficult for its opponents to win an election.

His legitimacy won’t be helped by suspicions that the election was manipulated to thwart a party loyal to the junta’s populist nemesis, self-exiled former premier Thaksin Shinawatra.

Prayuth will also have to make concessions to coalition partners, whose price for support may be powerful cabinet seats.

His biggest challenge, however, might be in parliament.

He can become prime minister thanks to the near-certain backing of the junta-appointed members of the 250-seat Senate that would give him the overall majority of 376 parliament seats that is required to form a government.

However, his coalition may not command a majority in the 500-strong lower House of Representatives and could be outnumbered by a “democratic front” of opposition parties, the biggest of which will be a Thaksin-linked party.

That would make the government vulnerable to confidence motions brought by the opposition. It would also be recipe for legislative log jams and political deadlock, and potentially a public backlash that triggers renewed social unrest.

The military coup of 2014 ended a decade of street protests by Thaksin’s bitter opponents, the “yellow shirts” of the urban elites and monarchists, and counter-protests by Thaksin’s “red shirt” loyalists.

“Policy-making is likely to become more public and contested,” said Nattabhorn Juengsanguansit, director at Asia Group Advisors, a government relations advisory.

“Unlike during the past five years (when) the cabinet faced little political opposition to proposals, the increased number of stakeholders empowered by the elections will invigorate a public debate on policy directions and force the Palang Pracharat and its allies to publicly defend policy choices.”

She said these factors could delay the passage of a budget and further hold up other projects such as the auction of monopoly concessions for airport duty-free shops and a multi-billion-dollar high-speed rail network.

GRUMPY GENERAL

Prayuth was born in 1954 to a military family in the northeastern province of Nakhon Ratchasima, and his army career was forged during a turbulent period.

He was in pre-cadet school in 1973 when student protests brought down a military regime, ushering in democratic rule. Three years later, he was at the prestigious Chulachomklao Royal Military Academy when right-wing mobs massacred dozens of left-leaning student protesters leading to another military takeover.

In the military, Prayuth was known for decisiveness and devotion to the revered monarchy. He rose in the ranks to become army chief, and in 2014 staged Thailand’s 13th successful coup.

His reputation for testiness came almost immediately.

Thais became accustomed to their junta leader losing his temper in public: he once threatened to throw a podium during a press briefing, and another time mused that he could “probably just execute” a roomful of reporters.

But he did display a softer side heading into the election.

He appeared on state television cooking a chicken curry for villagers and riding a tractor with farmers, and a ballad that he wrote himself played repeatedly on the radio.

However, Joshua Kurlantzick of the U.S.-based Council on Foreign Relations said that Prayuth’s track record – repression of opponents, an intolerance of criticism and a failure to understand the role of the media – suggested he would struggle to adapt to “a somewhat democratic setting”.

(Writing by John Chalmers and Kay Johnson; Editing by Simon Cameron-Moore)

Source: OANN

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‘No Collusion – No Obstruction!’: Trump Celebrates Mueller Report Vindication on Twitter

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Source: InfoWars

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American Airlines cuts 2019 forecast, to take $350 million charge on 737 MAX groundings

FILE PHOTO: An American Airlines Boeing 737 MAX 8 flight taxis after landing at Reagan National Airport in Washington
FILE PHOTO: An American Airlines Boeing 737 MAX 8 flight from Los Angeles taxis after landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States over safety issues in Washington, U.S. March 13, 2019. REUTERS/Joshua Roberts/File Photo

April 26, 2019

(Reuters) – American Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a $350 million hit from the grounding of Boeing’s 737 MAX planes after cancelling 1,200 flights in the first quarter.

The company said it now expects its 2019 adjusted profit to be between $4.00 per share and $6.00 per share.

Analysts on average had expected 2019 earnings of $5.63 per share, according to Refinitiv data.

The No. 1 U.S. airline by passenger traffic said net income rose to $185 million, or 41 cents per share, in the first quarter ended March 31, from $159 million, or 34 cents per share, a year earlier.

Total operating revenue rose 2 percent to $10.58 billion.

(Reporting by Sanjana Shivdas in Bengaluru)

Source: OANN

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John Yoo: Democrat calls to have full Mueller report released nothing more than a ‘publicity stunt’

Former deputy assistant Attorney General John Yoo labeled calls from the Democrats for Special Counsel Robert Mueller's full report to be released as nothing more than a "publicity stunt."

Yoo took aim at Democrats demanding to see the full Russia report, including House Speaker Nancy Pelosi, before warning it could lead to serious consequences going forward.

“I think Nancy Pelosi's demand for the report right away is just a publicity stunt,” Yoo told “America’s Newsroom.

“But there's something worse behind it which is are we really willing to sacrifice the long term, long-time rights of criminal suspects and witnesses who've long cooperated with law enforcement because of the secrecy provided by a grand jury.

TOP DEMS WANT REPORT, NOW SUBMITTED, MADE PUBLIC ASAP

"That's what Attorney General Barr is going through the report right now with his staff to delete or redact from the report. In exchange for the hill getting your report a week or two earlier.”

On Thursday, Speaker Pelosi, D-Calif., slammed Barr’s four-page summary letter on Mueller’s investigation as “condescending” and demanded to see the entire report.

“No thank you, Mr. Attorney General,” Pelosi said. “I don’t need your interpretation.”

“Show us the report. We have to see the facts.”

“I don't see why Nancy Pelosi or other members on the Hill need to get the report to it's faster and in exchange sacrifice the law that was approved by Congress which gives protections to give confidentiality to witnesses and people who cooperate with law enforcement.” Yoo reiterated on "America's Newsroom."

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He also criticized members of Congress for being overly dependant on the Mueller report saying they want to use it as a sort of scapegoat instead of doing their own investigation.

“I think what is going on here is that Congress doesn't want to do the work Congress can do the same work that Mr. Mueller did. They have the right to subpoena witnesses and they can bring the same people that Mueller interviewed and bring them before the Hill,” Yoo said.

“They don't want to do that because it's a lot of work and they don't want to take accountability, responsibility. It's much easier to let Mueller do it, have someone redact it and then claim some great political scandal. But Mueller doesn't have a monopoly on the truth. If Congress wants to investigate it they can and they should.”

Fox News' Andrew O'Reilly contributed to this report.

Source: Fox News Politics

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A Florida measure that would ban sanctuary cities is set for a vote Friday in the state’s Senate after clearing its first hurdle earlier this week.

The bill would effectively make it against the law for Florida’s police departments to refuse to cooperate with federal immigration officials.

“The Governor may initiate judicial proceedings in the name of the state against such officers to enforce compliance,” a draft version of the Senate bill reads.

A House version of the bill, which passed by a 69-47 vote Wednesday, adds that non-complying officials could be suspended or removed from office and face fines of up to $5,000 per day. Republican Gov. Ron DeSantis is expected to sign off on the measure, although it’s not clear which version.

FLORIDA MAY SEND A BIG MESSAGE TO SANCTUARY CITIES

Florida Rep. Carlos Guillermo Smith (D-Orlando), during a press conference at the Florida Capitol in Tallahassee, speaks out against bills in the House and Senate that would ban sanctuary cities in the state.

Florida Rep. Carlos Guillermo Smith (D-Orlando), during a press conference at the Florida Capitol in Tallahassee, speaks out against bills in the House and Senate that would ban sanctuary cities in the state. (AP)

LAWRENCE JONES: NEEDLES, DRUG USE AND HUMAN WASTE ARE THE NEW NORMAL IN SAN FRANCISCO

Florida is home to 775,000 illegal immigrants out of 10.7 million present in the United States, ranking the state third among all states.

Nine states — Alabama, Arizona, Georgia, Iowa, North Carolina, Mississippi, Missouri, Tennessee and Texas — already have enacted state laws requiring law enforcement to comply with Immigration and Customs Enforcement.

Florida doesn’t have sanctuary cities like the ones in California and other states. But Republican lawmakers say a handful of their municipalities — including Orlando and West Palm Beach – are acting as “pseudo-sanctuary” cities, because they prevent law enforcement officials from asking about immigration status when they make arrests.

“There are still people here in the state of Florida, police chiefs that are just refusing to contact ICE, refusing to detain somebody that they know is here illegally,” Florida Republican Rep. Blaise Ingoglia said earlier this month. “So while the actual county municipality doesn’t have an actual adopted policy, they still have people in power within their sheriff’s department or police department that refuse to do it anyway.”

Florida’s Democratic Party has blasted the anti-Sanctuary measures, while the Miami-Dade Police Department says it should be up to federal authorities to handle immigration-related matters.

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“House Republicans today sold out their communities to Donald Trump and Ron DeSantis by passing this xenophobic and discriminatory bill,” the state’s Democratic Party said Wednesday after the House passed their version of the bill. “It’s abhorrent that Republican members who represent immigrant communities are now turning their backs on their constituents and jeopardizing their safety.

“Florida has long stood as a beacon for immigrant communities — and today Republicans did the best they could to destroy that reputation,” they added.

Fox News’ Elina Shirazi contributed to this report.

Source: Fox News National

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FILE PHOTO: Supporters of the Spain's far-right party VOX wave Spanish flags as they attend an electoral rally ahead of general elections in the Andalusian capital of Seville
FILE PHOTO: Supporters of the Spain’s far-right party VOX wave Spanish flags as they attend an electoral rally ahead of general elections in the Andalusian capital of Seville, Spain April 24, 2019. REUTERS/Marcelo del Pozo/File Photo

April 26, 2019

By John Stonestreet and Belén Carreño

MADRID (Reuters) – Spain’s Vox party, aligned to a broader far-right movement emerging across Europe, has become the focus of speculation about last minute shifts in voting intentions since official polling for Sunday’s national election ended four days ago.

No single party is anywhere near securing a majority, and chances of a deadlocked parliament and a second election are high.

Leaders of the five parties vying for a role in government get final chances to pitch for power at rallies on Friday evening, before a campaign characterized by appeals to voters’ hearts rather than wallets ends at midnight.

By tradition, the final day before a Spanish election is politics-free.

Two main prizes are still up for grabs in the home straight. One concerns which of the two rival left and right multi-party blocs gets more votes.

The other is whether Vox could challenge the mainstream conservative PP for leadership of the latter bloc, which media outlets with access to unofficial soundings taken since Monday suggest could be starting to happen.

The right’s loose three-party alliance is led by the PP, the traditional conservative party that has alternated in office with outgoing Prime Minister Pedro Sanchez’s Socialists since Spain’s return to democracy in the 1970s.

The PP stands at around 20 percent, with center-right Ciudadanos near 14 percent and Vox around 11 percent, according to a final poll of polls in daily El Pais published on Monday.

Since then, however, interest in Vox – which will become the first far-right party to sit in parliament since 1982 – has snowballed.

It was founded in 2013, part of a broader anti-establishment, far-right movement that has also spread across – among others – Italy, France and Germany.

While it is careful to distance itself from the ideology of late dictator Francisco Franco, Vox’s signature policies include repealing laws banning Franco-era symbols and on gender-based violence, and shifting power away from Spain’s regional governments.

TRENDING

According to a Google trends graphic, Vox has generated more than three times more search inquiries than any other Spanish political party in the past week.

Reasons could include a groundswell of vocal activist support at Vox rallies in Madrid and Valencia, and its exclusion from two televised debates between the main party leaders, on the grounds of it having no deputies yet in parliament.

Conservative daily La Vanguardia called its enforced absence from Monday’s and Tuesday’s debates “a gift from heaven”, while left-wing Eldiario.es suggested the PP was haemorrhaging votes to Vox in rural areas.

Ignacio Jurado, politics lecturer at the University of York, agreed the main source of additional Vox votes would be disaffected PP supporters, and called the debate ban – whose impact he said was unclear – wrong.

“This is a party polling over 10 percent and there are people interested in what it says. So we lose more than we win in not having them (in the debates),” he said

For Jose Fernandez-Albertos, political scientist at Spanish National Research Council CSIC, Vox is enjoying the novelty effect that propelled then new, left-wing arrival Podemos to 20 percent of the vote in 2015.

“While it’s unclear how to interpret the (Google) data, what we do know is that it’s better to be popular and to be a newcomer, and that Vox will benefit in some form,” he said.

For now, the chances of Vox taking a major role in government remain slim, however.

The El Pais survey put the Socialists on around 30 percent, making them the frontrunners and likely to form a leftist bloc with Podemos, back down at around 14 percent.

The unofficial soundings suggest little change in the two parties’ combined vote, or the total vote of the rightist bloc.

That makes it unlikely that either bloc will win a majority on Sunday, triggering horse-trading with smaller parties favoring Catalan independence – the single most polarizing issues during campaigning – that could easily collapse into fresh elections.

(Election graphic: https://tmsnrt.rs/2ENugtw)

(Reporting by John Stonestreet and Belen Carreno, Editing by William Maclean)

Source: OANN

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The Amish population in Pennsylvania’s Lancaster County is continuing to grow each year, despite the encroachment of urban sprawl on their communities.

The U.S. Census Bureau says the county added about 2,500 people in 2018. LNP reports that about 1,000 of them were Amish.

Elizabethtown College researchers say Lancaster County’s Amish population reached 33,143 in 2018, up 3.2% from the previous year.

The Amish accounted for about 41% of the county’s overall population growth last year.

Some experts are concerned that a planned 75-acre (30-hectare) housing and commercial project will make it more difficult for the county to accommodate the Amish.

Donald Kraybill, an authority on Amish culture, told Manheim Township commissioners this week that some in the community are worried about the development and the increased traffic it would bring.

___

Information from: LNP, http://lancasteronline.com

Source: Fox News National

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Fox News correspondent Geraldo Rivera has warned that if Democratic 2020 presidential candidates don’t take the crisis at the border seriously, they’ll do so at their own risk.

Speaking with “Fox & Friends” hosts on Friday morning, Rivera discussed the influx of candidates entering the race, including former Vice President Joe Biden, and gave an update on the newest developments at the border.

“If [Democrats] don’t take it seriously they ignore it at their peril,” Rivera said.

He went on to discuss the fact that Mexico is experiencing the same problems dealing with volumes of people at the border as the United States is. Processing facilities, as many have argued, are understaffed and underresourced, resulting in conditions that have been controversial.

TRUMP ASSESSES 2020 DEMS; TAKES SWIPES AT BIDEN, SANDERS; DISMISSES HARRIS, O’ROURKE; SAYS HE’S ROOTING FOR BUTTIGIEG 

FOX NEWS EXCLUSIVE: INTERNAL FBI TEXT MESSAGES REVEAL DOJ CONCERNS OVER ‘BIAS’ IN KEY WARRANT TO SURVEIL TRUMP AIDE

“It is very, very difficult when hundreds and hundreds become thousands and thousands ultimately become tens of it is very difficult to have an orderly system,” he said.

Rivera asserted his opinion that the United States could lessen the influx of migrants coming into the country by investing in the development of Central American countries, where many are fleeing from violence and economic instability.

“I believe, as I have said before on this program, that we have to stop the source of the migrant explosion, by a comprehensive system of political and economic reform in Central America where people have the incentive to stay home,” Rivera said.

“I think we have help Mexico with its infrastructure. Mexico has a moral burden, as the president made very clear, not to let unchecked herds of desperate people flow through 2,000 miles of Mexican territory to get our southern border.”

Rivera also brought up President Trump’s controversial comments about Mexican immigrants during his campaign in 2016.

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The Fox News correspondent said that having been so excited about Trump’s campaign, the comments made him feel “deflated” as a Hispanic American.

However, as the crisis at the border has accelerated over the last few years, Rivera argued that ultimately, the president’s comments weren’t incorrect.

“He is now in a position where he can justly say I was right, that the that the anarchy at the border doesn’t serve anybody,” Rivera said. “Maybe he said it in a language I felt was a little rough and insensitive, but there is no doubt.”

Source: Fox News Politics

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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