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GOP strategist Colin Reed on Biden’s expected 2020 announcement: ‘The gloves will come off right away’

GOP strategist Colin Reed said Wednesday he thinks “the gloves will come off right away” if former Vice President Joe Biden joins the crowded 2020 field of Democrats as expected.

“I think Joe Biden has made a connection with voters,” Democratic strategist Michael Meehan, the president and CEO of Squared Communications, responded on “The Daily Briefing with Dana Perino” Wednesday.

“This will be his third time running and eight years as serving as vice president. But, he has the ability in the small caucus states of Iowa and New Hampshire, where you go into people's living rooms in the very beginning to tell a story about his life and his faith and his vision for what government should be. And, any one of his opponents would be wrong to think that he's not prepared to go into those small parts of those small states early on and show the kind of strength he has.”

BIDEN CAMPAIGN LAUNCH PUSHED TO THURSDAY

Meehan added, “He also has the advantage of name I.D. A third of the Democratic primary with 21 candidates, on the way to 30, is a huge advantage for him.”

Biden’s announcement would end months of speculation. Despite the recent #MeToo controversy complicating his would-be campaign, the former vice president has remained at the top of most public opinion polls.

Biden’s potential campaign hit a bump recently after several women publicly accused him of touching them inappropriately at events.

When asked how long it would be before the other Democrats start attacking Biden, Reed, who managed Scott Brown's U.S. Senate campaign in New Hampshire in 2014, said he thought it would happen immediately, adding, “if they are smart, maybe they will do it in an understated way.”

SANDERS TOPS BIDEN IN NEW NH 2020 POLL, BUTTIGIEG SURGES TO THIRD

With Biden, 76, expected to announce his candidacy on Thursday, The Wall Street Journal reported he likely will rely heavily on big donors to get his campaign up and running.

Meehan said, “I think money's important if you don't have the kind of name I.D. that Joe Biden has. And so, it is a good measure for some of these candidates, the senators or the congressman who haven't run on a national ticket before.”

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He added, “The money is a credible threshold but I don't think it's such a positive because what happens in a presidential (election) is that people get their information about these candidates from shows like yours and across the board. And, it's not like a state senate race or governor's race where people don't have any name I.D. and you have to be able to pay these ads to get your name out there.”

When asked if he thought Vermont Sen. Bernie Sanders would go after Biden right away, Reed said, “I don’t think he goes after him right away because he’s the frontrunner, and in politics, you always punch up, not down.”

Source: Fox News Politics

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Commodity prices, investment poised to extend upswing

The sun rises behind a corn tassel in a field in Minooka
FILE PHOTO: The sun rises behind a corn tassel in a field in Minooka, Illinois, September 24, 2014. REUTERS/Jim Young

March 29, 2019

By Eric Onstad

LONDON (Reuters) – A rebound in commodities prices and investment is poised to extend in coming months as the sector gets its traditional boost during the final stages of the global economic cycle along with other drivers.

While some investors worry about a possible recession, commodities are due to benefit from an expected U.S.-China trade deal, tightening oil supply and potential short-covering in beaten-down U.S. grain futures.

The 19-commodity Thomson Reuters/Core Commodity CRB Index, which has rebounded 10 percent from an 18-month low touched at the end of last year, should also get further support from easier monetary policy that has lifted all financial markets, analysts and traders said.

Graphic: Commodity Prices Clawing Higher From December Lows – https://tmsnrt.rs/2HN3TXg

Commodities along with other financial markets have been buoyed after the U.S. Federal Reserve this month confirmed its three-year drive to tighten monetary policy was at an end.

The dovish change from the Fed and growing stimulus in top commodities consumer China would extend the current positive economic cycle and support commodity prices, JPMorgan said in a note.

“Late cycles are typically marked by outperformance of commodities,” JPMorgan analyst Dominic O’Kane said.

The rise in commodities so far has been partly fueled by hopes for an agreement to end a trade war between Washington and Beijing, helping to spur $2.1 billion of flows so far this year into commodity index funds and exchange-traded funds, data compiled by Citi showed.

Commodity assets under management have climbed to $407 billion, breaching $400 billion for the first time since October, Citi said, based on data through March 5.

Although the energy complex has recovered strongly this year, positioning in crude oil is not overstretched, analysts said.

According to the latest exchange data, hedge funds have bought another 65 million barrels of petroleum futures and options, the biggest one-week increase since the end of August 2018 and a bullish signal.

That was because investors expect prices to be bolstered by supply-side disruptions while OPEC and its allies comply with their plans to cut 1.2 million barrels per day of supply this year.

The funds’ net long position in Brent crude has more than doubled from a low hit in early December, but is still less than half of the record high touched in April last year.

“There’s plenty of room on the upside,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen.

Graphic: Hedge Funds’ Crude Oil Positions Rebound – https://tmsnrt.rs/2UVGINJ

As part of a proposed trade deal, Beijing has offered to make big-ticket purchases from the United States to help reduce a record trade gap. U.S. President Donald Trump’s team has said those purchases would be worth more than a trillion dollars over about six years.

Agricultural exports to China could grow to $30 billion or more a year, Citi analyst Aakash Doshi said in a note. This compares to nearly $20 billion in 2017.

“The CBOT (Chicago Board of Trade) complex … appears poised for a rebound in 2Q/3Q on the back of a U.S.-Sino trade deal that could meaningfully boost Chinese purchases of soybeans, corn, ethanol, cotton, pork and other agricultural products,” he said.

Flooding in the U.S. Midwest makes agricultural futures vulnerable to short-covering after bearish bets hit record levels in recent weeks and this could accelerate if Chinese purchases surge, analysts said.

Graphic: U.S. Agricultural Exports to China – https://tmsnrt.rs/2UXc32t

Industrial metals are moving into their strongest seasonal period when construction activity rises in top consumer China.

“Both the fundamentals and technicals are supportive, so if we can get some concrete news that a trade deal has been successful, these things could really fly,” said Robin Bhar, head of metals research at Societe Generale.

As seasonal demand is due to climb, most metals should have market deficits this year and in 2020, according to analyst consensus forecasts compiled by Reuters polls.

Graphic: Most Industrial Metals in Deficit – https://tmsnrt.rs/2HMdwpp

(Reporting by Eric Onstad; Editing by Dale Hudson)

Source: OANN

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Park ranger furloughed during shutdown wins lottery

A park ranger furloughed during the partial federal government shutdown has claimed a $29.5 million lottery jackpot.

The New Jersey Lottery on Wednesday announced Judith Smith had purchased the winning Dec. 17 Pick-6 ticket days before the shutdown closed the Fort Wadsworth recreation area in Staten Island, New York.

The Bayonne, New Jersey, resident and her two children put the ticket in a safe place while seeking legal and financial advice before claiming the jackpot.

The Pick-6 jackpot is the state's largest since May 2004.

The government shutdown ended last month.

Source: Fox News National

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Suspect named in 1973 killings after genealogy analysis

Investigators solved a double slaying that occurred more than 45 years ago after using a genealogy database to match DNA from the crime scene with the genetic profile of the now-deceased suspect, a Montana sheriff said Monday.

Linda and Clifford Bernhardt, both 24, were found dead in their Billings-area home in November 1973 in a case that would stymie investigators for more than four decades.

Investigators now believe the couple was killed by Cecil Stan Caldwell, a longtime city of Billings employee who was once a co-worker of Linda Bernhardt, Yellowstone County Sheriff Mike Linder said.

No motive was given. Caldwell died in 2003 at the age of 59, according to his obituary in the Billings Gazette.

Family members of the victims attended a news conference in which Linder named Caldwell as the suspect. The family issued a statement thanking the sheriff's office for its work, but made no further comment and asked for its privacy to be respected.

Scott Goodwin, a volunteer with the cold case unit who helped on the case, said those involved in the investigation had been unwilling to let it go even after all prior leads hit dead ends.

"We were obsessed with it," Goodwin said. "These are two young people who didn't deserve what happened to them. They didn't do anything. They came home on a Tuesday night and they were murdered."

The case had remained cold until 2004, when DNA was discovered on evidence gathered at the crime scene.

But comparing that DNA against an FBI database of known criminals yielded no results, leaving authorities frustrated.

In 2015, the sheriff's cold case unit enlisted a Virginia-based technology company, Parabon NanoLabs, to analyze the DNA by comparing it to genetic samples available through a public genealogy database. That process ultimately narrowed the list of suspects to Caldwell and his brother, who is still alive, said Vince Wallis, a former detective captain with the sheriff's office who now works for the Billings Police Department.

After DNA was obtained from the brother, who is still alive, it was analyzed by the Montana State Crime Lab to eliminate him as a suspect. That left only Caldwell, Wallis said.

Wallis added that there was other "unspecified behavior" that matched Caldwell to the crime scene, but he declined to offer additional details.

An anonymous donor in 2013 had offered a $100,000 reward for information leading to the arrest and conviction of the couple's killer.

Source: Fox News National

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Indiana man cleared after child fires gun he dropped at Ikea

A suburban Indianapolis man who dropped a loaded handgun in an Ikea store that was found and fired by a child has been acquitted of criminal recklessness.

Online court records show a Hamilton County jury last week found 62-year-old Francis T. Wright of Camby not guilty.

Fishers police say the weapon fell from Wright's pants pocket last June when he sat on a sofa in the furniture store just northeast of Indianapolis. A 6-year-old boy found the gun and fired it into the sofa. No one was injured.

Police said Wright has a permit to carry the gun.

Ikea apologized for the shooting and said its stores have a no-weapons policy.

Source: Fox News National

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New Zealand university students to get drug testing at orientation: report

Students at a New Zealand university will be getting free drug testing during the first week of the upcoming semester.

The student associate at Otago University is offering services that will allow students to check whether their recreational drugs have not been mixed with potentially dangerous substances. It would be the first time a university has done free drug testing in the country.

Debbie Downs, the chief executive of the Otago University Students Association (OUSA), said it was a “bold and pre-emptive move” designed to keep students safe.

“First and foremost, OUSA is no way condones drug use of any kind, but in the day and age we live in, we are cognizant of the need for harm prevention,” she said, according to The Guardian.

AUSTRALIAN PILOT SPELLS OUT ‘I’M BORED’ DURING TEST FLIGHT

A university spokeswoman said that the drug testing will not happen on campus nor is it enforced by the university officials.

“The university does not endorse either the use of illegal drugs or the drug testing initiative led by the NZ Drug Foundation, but has no plans to interfere in the detail of OUSA’s welfare and support delivery,” the spokeswoman said.

KAROL MARKOWICZ: THE OPIOID EPIDEMIC KEEPS KILLING MY FRIENDS

According to the Guardian, drug testing has been increasingly used at music festivals across New Zealand as part of a health-based approach to illegal drug use that is supported by the government.

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According to the Drug Foundation of New Zealand, people between the ages of 18 and 25 have the highest rate of drug use of any age group in the country.

Source: Fox News World

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Federal appeals court OKs tax-free housing for clergy

A federal appeals court has ruled that a law giving clergy tax-free housing allowances is constitutional, overturning a ruling in Wisconsin that said it was an unconstitutional benefit.

Religious leaders have fought for years to keep the substantial financial benefit. The lawsuit challenging it was filed by the Wisconsin-based Freedom From Religion Foundation.

Under the federal law passed in 1954, a "minister of the gospel" doesn't pay income taxes on compensation that is designated part of a housing allowance. The Freedom From Religion Foundation argued that the law discriminates against secular employees.

The benefit saves clergy, including non-Christian religious leaders, about $800 million a year in taxes.

A three-judge panel of the 7th U.S. Circuit Court of Appeals overturned the earlier ruling, saying the benefit was constitutional.

Source: Fox News National

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Park Yoo-chun, a K-pop idol singer, arrives at the Suwon district court in Suwon
Park Yoo-chun, a K-pop idol singer, arrives at the Suwon district court in Suwon, South Korea, April 26, 2019. REUTERS/Kim Hong-Ji

April 26, 2019

SEOUL (Reuters) – K-pop and drama star Park Yu-chun was arrested on Friday on charges of buying and using illegal drugs, a court said, the latest in a series of scandals to hit the South Korean entertainment business.

Suwon District Court approved the arrest warrant for Park, 32, due to concerns over possible destruction of evidence and flight risk, a court spokesman told Reuters.

Park is suspected of having bought about 1.5 grams of methamphetamine with his former girlfriend earlier this year and using the drug around five times, an official at the Gyeonggi Nambu Provincial Police Agency said.

Park has denied wrongdoing, saying he had never taken drugs, and he again denied the charges in court, Yonhap news agency said.

Park’s contract with his management agency had been canceled and he would leave the entertainment industry, Park’s management agency, C-JeS Entertainment, said on Wednesday.

Park was a member of boyband TVXQ between 2003 and 2009 before leaving the group with two other members, forming the group JYJ.

A scandal involving sex tapes, prostitutes and secret chat about rape led at least four other K-pop stars to quit the industry earlier this year.

The cases sparked a nationwide drugs bust and investigations into tax evasion and police collusion at night clubs and other nightlife spots.

(Reporting by Joyce Lee; Additional reporting by Heekyong Yang; Editing by Nick Macfie)

Source: OANN

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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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2020 Democratic presidential candidate Pete Buttigieg speaks at a campaign event in Des Moines, Iowa
2020 Democratic presidential candidate Pete Buttigieg speaks at a campaign event in Des Moines, Iowa, U.S., April 16, 2019. REUTERS/Elijah Nouvelage

April 26, 2019

By James Oliphant

MARSHALLTOWN, Iowa (Reuters) – Four years ago, Donald Trump campaigned in small towns like Marshalltown, Iowa, vowing to restore economic prosperity to the U.S. heartland.

In his bid to replace Trump in the White House, Pete Buttigieg is taking a similar tack. The difference, he says, is that he can point to a model of success: South Bend, Indiana, the revitalized city where he has been mayor since 2012.

The Democratic presidential contender has vaulted to the congested field’s top tier in recent weeks, drawing media and donor attention for his youth, history-making status as the first openly gay major presidential candidate and a resume that includes military service in Afghanistan.

But Buttigieg’s main argument for his candidacy is that he is a turnaround artist in the mold of Trump, although the Democrat does not expressly invoke the comparison with the Republican president.

“I’m not going around saying we’ve fixed every problem we’ve got,” Buttigieg, 37, said after a house party with voters in Marshalltown. “But I’m proud of what we have done together, and I think it’s a very powerful story.”

Critics argue improving the fortunes of a Midwestern city of 100,000 people does not qualify Buttigieg, who has never held national office, for the presidency of a country of 330 million. Others say South Bend still has pockets of despair and that minorities, in particular, have failed to benefit from its growth.

Buttigieg has told crowds in Iowa and elsewhere that his experience in reviving a struggling Rust Belt community allows him to make a case to voters that other Democratic candidates cannot. That may give him the means to win back some of the disaffected Democratic voters who turned their backs on Hillary Clinton in 2016 to vote for Trump.

Watching Buttigieg at a union hall in Des Moines last week, Rick Ryan, 45, a member of the United Steelworkers, lamented how many of his fellow union workers voted for Trump. The president turned in the best performance by a Republican among union households since Ronald Reagan in 1984.

Ryan said he hoped someone like Buttigieg could return them to the Democratic fold.

“He’s aware of the decline in the labor force in America, not just in Indiana or Des Moines or anywhere else,” Ryan said. “Jobs are going overseas. We need a find to way to bring that back.”

Randy Tucker, 56, of Pleasant Hill, Iowa, a member of the International Brotherhood of Electrical Workers, said Trump appealed to union members “desperate for somebody to reach out to them, to help them, to listen to their voice.”

Buttigieg could do the same, he said. “In my heart right now, he’s No. 1.”

PAST VS. FUTURE

Buttigieg stresses a key difference in his and Trump’s approaches.

Trump, he tells crowds, is mired in the past, promising to rebuild the 20th century industrial economy. Buttigieg argues the pledge is misleading and unrealistic.

Buttigieg says his focus is on the future, and he often talks about what the country might look like decades from now.

“The only way that we can cultivate what makes America great is to look to the future and not be afraid of it,” Buttigieg said in Marshalltown.

Buttigieg knows his sexual preference may be a barrier to winning some blue-collar voters. But he notes that after he came out as gay in 2015, he won a second term as mayor with 80 percent of the vote in conservative Indiana.

Earlier this month, he announced his presidential bid at the hulking plant in South Bend that stopped making Studebaker autos more than 50 years ago. After lying dormant for decades, the building is being transformed into a high-tech hub after Buttigieg and other city leaders realized it would never again attract a large-scale industrial company.

“That building sat as a powerful reminder. We hoped we would get back that major employer that would fix our economy,” said Jeff Rea, president of the regional Chamber of Commerce.

Buttigieg is praised locally for spurring more than $100 million in downtown investment. During his two terms, unemployment has fallen to 4.1 percent from 11.8 percent.

But a study released in 2017 by the nonprofit group Prosperity Now said not all of the city’s residents had shared in its rebound. The median income for African-Americans remained half that of whites, while the unemployment rate for blacks was double.

Regina Williams-Preston, a city councilor running to replace Buttigieg as mayor, credits him for the revitalized downtown. But she said he had a “blind spot” when it came to focusing on troubled neighborhoods like the one she represents and only grew more engaged after community pressure.

“He understands it now,” she said. “The next step is figuring out how to open the doors of opportunity for everyone.”

‘ONE OF US’

Trump touts the fact that the United States added almost 300,000 manufacturing jobs last year as evidence he made good on his promise to restore the industrial sector. But that growth still left the country with fewer manufacturing jobs than in 2008.

The robust U.S. economy is likely the president’s greatest asset in his re-election bid, particularly in states he carried in 2016 such as Iowa, Wisconsin, Michigan and Pennsylvania. He won Buttigieg’s home state by 19 points over Clinton in 2016.

Sean Bagniewski, chairman of the Democratic Party in Polk County, Iowa, said Buttigieg would be well positioned to compete with Trump in the Midwest.

“People love the fact that he’s a mayor,” said Bagniewski, who has not endorsed a candidate in the nominating contest. “If you can talk about a positive future, and if you actually have experience that can do it, that’s a compelling vision in Iowa.”

Nan Whaley, the mayor of Dayton, Ohio, which faces many of the same challenges as South Bend, agreed.

“He’s one of us,” Whaley said. “That helps.”

(Reporting by James Oliphant; Editing by Colleen Jenkins and Peter Cooney)

Source: OANN

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A man looks out at a flooded residential area in Gatineau
A man looks out at a flooded residential area in Gatineau, Quebec, Canada, April 24, 2019. REUTERS/Chris Wattie

April 26, 2019

MONTREAL/OTTAWA (Reuters) – Rising waters were prompting further evacuations in central Canada on Thursday, with the mayor of the country’s capital, Ottawa, declaring a state of emergency and Quebec authorities warning that a hydroelectric dam was at risk of breaking.

Ottawa Mayor Jim Watson declared the emergency in response to rising water levels along the Ottawa River and weather forecasts that called for significant rainfall on Friday.

In a statement on Twitter, Watson asked for help from the Ontario provincial government and the country’s military.

He warned that “flood levels are currently forecasted to exceed the levels that caused significant damage to numerous properties in the city of Ottawa in 2017.”

Spring flooding had killed one person and forced more than 900 people from their homes in Canada’s Quebec province as of 1 p.m. on Thursday, according to a government website.

Ottawa has received 80 requests for service related to potential flooding such as sandbagging, a city spokeswoman said.

The prospect of more rain over the next 24 to 48 hours triggered concerns on Thursday that the hydroelectric dam at Bell Falls in the western part of Quebec could be at risk of failing because of rising water levels.

Quebec’s provincial police said 250 people were protectively removed from homes in the area as of late afternoon in case the dam on the Rouge River breaks.

The dam is now at its full flow capacity of 980 cubic meters per second of water, said Francis Labbé, a spokesman for the province’s state-owned utility, Hydro Quebec. He said Hydro Quebec expected the flow could rise to 1,200 cubic meters per second of water over the next two days.

“We have to take the worst-case scenario into consideration, since we`re already at the maximum capacity,” Labbé said by phone.

The dam is part of a power station that no longer produces electricity, but is regularly inspected by Hydro Quebec, he said.

(Reporting by Allison Lampert in Montreal and David Ljunggren and Julie Gordon in Ottawa; Editing by James Dalgleish and Peter Cooney)

Source: OANN

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FILE PHOTO: Funeral of journalist Lyra McKee in Belfast
FILE PHOTO: Pallbearers carry the coffin of journalist Lyra McKee at her funeral at St. Anne’s Cathedral in Belfast, Northern Ireland, April 24, 2019. REUTERS/Clodagh Kilcoyne/File Photo

April 26, 2019

BELFAST (Reuters) – Detectives investigating the murder of journalist Lyra McKee in Northern Ireland last week suspect the gunman who shot her dead is in his late teens as they made a further appeal to the local community who they believe know his identity.

McKee’s killing by an Irish nationalist militant during a riot in Londonderry has sparked outrage in the province where a 1998 peace deal mostly ended three decades of sectarian violence that cost the lives of some 3,600 people.

The New IRA, one of a small number of groups that oppose the peace accord, has said one of its members shot the 29-year-old reporter dead in the Creggan area of the city on Thursday when opening fire on police during a riot McKee was watching.

The killing, which followed a large car bomb in Londonderry in January that police also blamed on the New IRA, has raised fears that small marginalized militant groups are exploiting a political vacuum in the province and tensions caused by Britain’s decision to leave the European Union.

Police released footage on Friday of immediately before and after the shooting showing three men who were involved in the rioting and identified one as the gunman who they believe is in his late teens. 

“I believe that the information that can help us to bring those responsible for her murder to justice lies within the community. I need the public to tell me who he is,” Detective Superintendent Jason Murphy told reporters.

Murphy said those involved in the disorder on the night were teenagers or in their early 20s, and that about 100 people were on the ground watching the trouble as it unfolded.

He added that police believed the gun used in the attack was of a similar caliber to those used before in paramilitary type attacks in Creggan. 

“I recognize that people living in Creagan may find it’s difficult to come forward to speak to police. Today, I want to provide a personal reassurance that we are able to deal with those issues sensitively,” Murphy said, echoing similar appeals in recent days.

(Reporting by Amanda Ferguson, editing by Padraic Halpin and Toby Chopra)

Source: OANN

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