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Levi Strauss revenue rises seven percent in first post-IPO quarterly report

FILE PHOTO: People pass by a Levi Strauss store in New York
FILE PHOTO: People pass by a Levi Strauss store in New York City, U.S., March 19, 2019. REUTERS/Brendan McDermid

April 9, 2019

(Reuters) – Levi Strauss & Co posted a 7 percent rise in quarterly revenue on Tuesday in its first report after returning to public markets, as the jeans maker’s strategy of expanding its retail stores and investing in its online business paid off.

The company’s net revenue rose to $1.43 billion in the first quarter ended Feb. 24 from $1.34 billion, a year ago. Levi had previously estimated revenue to be between $1.42 billion and $1.44 billion.

Levi said net income attributable to the company was $146.6 million, or 37 cents per share, in the quarter, compared to a loss of $19 million, or 5 cents per share, a year earlier, when the company incurred a tax related charge.

(Reporting by Aishwarya Venugopal in Bengaluru: Editing by Sriraj Kalluvila and Shounak Dasgupta)

Source: OANN

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Stock futures point to flat Wall Street open as earnings roll in

Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 9, 2019. REUTERS/Brendan McDermid

April 23, 2019

By Sruthi Shankar

(Reuters) – U.S. stock index futures pointed to a subdued opening on Wall Street on Tuesday, as investors parsed through a fresh batch of reports from Coca-Cola, Twitter and a handful of industrial companies.

Stock markets across the globe were listless as European markets reopened after a four-day Easter break only to be supported by gaining energy shares, spurred by oil prices near six-month highs. [O/R]

About a third of the S&P 500 companies including Boeing Co and Facebook Inc are scheduled to report this week, making it the busiest period this reporting season.

With Wall Street’s main indexes struggling to make headway, even as they hover below record levels, investors are waiting to see if results from major companies ease concerns about earnings recession.

Profits at S&P 500 companies are expected to decline 1.7% in the first quarter, in what could be the first earnings contraction since 2016. However, the forecasts have improved slightly since the start of April.

“It’s still expected to be a challenging quarter for the corporates, but the bar has been sufficiently lowered which may allow them to get through the season relatively unscathed,” Craig Erlam, senior market analyst at Oanda, said.

“The lack of direction at the start of the week isn’t surprising given the quiet bank holiday weekend.”

Trading volume has been at its lowest so far in 2019.

At 7:17 a.m. ET, Dow e-minis were up 16 points, or 0.06%. S&P 500 e-minis were down 2 points, or 0.07% and Nasdaq 100 e-minis were down 7.75 points, or 0.1%.

Among the major names that have reported, Coca-Cola Co was up 3.5% after quarterly sales beat analysts’ estimates, while Twitter Inc gained 6.8% after the social media company reported a surprise rise in the number of monthly active users.

Dow component United Technologies Corp gained 2.8% after reporting a higher-than-expected quarterly profit, boosted by robust demand for aircraft parts.

Lyft Inc’s shares rose 2.7% as multiple underwriters started coverage of the ride-hailing firm on an upbeat note.

Economic data due at 10:00 a.m. ET is expected to show sales of new U.S. single-family homes dropped to a seasonally adjusted annual rate of 650,000 units in March, from 667,000 units in February.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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Thieves in Kenya steal guns, ammo from police station while cops watch Champions League soccer

Thieves in Kenya had one goal on Tuesday - steal as many guns and ammunition as possible from an unguarded police station while the officers went to a nearby mall to watch soccer superstars Lionel Messi and Cristiano Ronaldo in the UEFA Champions League quarter finals.

The robbers walked away with three rifles and nearly two dozen rounds of ammunition in Nandi.

KENYA INQUEST SAYS POLICE KILLED BABY IN POLL PROTEST

When the cops returned around 1 a.m., they realized what had happened.

Barcelona forward Lionel Messi celebrates after scoring his side's second goal during the Champions League quarterfinal, second leg, soccer match between FC Barcelona and Manchester United at the Camp Nou stadium in Barcelona, Spain, Tuesday, April 16, 2019. (AP Photo/Manu Fernandez)

Barcelona forward Lionel Messi celebrates after scoring his side's second goal during the Champions League quarterfinal, second leg, soccer match between FC Barcelona and Manchester United at the Camp Nou stadium in Barcelona, Spain, Tuesday, April 16, 2019. (AP Photo/Manu Fernandez)

“All the officers left the post and went to watch UEFA football match at the nearby trading center and on returning to the post, they noticed the room of the in-charge which is also used as an armory in which the steel box is kept was broken,” the police report said.

KENYA MOVES CUBAN DOCTORS AWAY FROM BORDER AFTER ABDUCTIONS 

While the red-faced officers had some explaining to do,  it was not immediately clear if they faced disciplinary action for abandoning their post.

An investigation has been launched to recover the stolen goods and to catch the culprits.

Protesters face anti-riot police on October 25, 2017 in the Kondele district of Kisumu, an opposition stronghold in western Kenya, a day before the scheduled repeat presidential poll. (Photo credit should read JENNIFER HUXTA/AFP/Getty Images)

Protesters face anti-riot police on October 25, 2017 in the Kondele district of Kisumu, an opposition stronghold in western Kenya, a day before the scheduled repeat presidential poll. (Photo credit should read JENNIFER HUXTA/AFP/Getty Images)

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Soccer is an extremely popular sport in Kenya.

On Tuesday, Messi led Barcelona to a 4-0 aggregate win over Manchester United, while Ajax beat Ronaldo's Juventus 3-2 on aggregate to make it into the semi-finals. Barcelona will face Liverpool in the next round, while Ajax will take on Tottenham Hotspur.

Source: Fox News World

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Comedian leads Ukraine presidential vote, runoff in 3 weeks

Early results Monday in Ukraine's presidential election showed a comedian with no political experience maintaining his strong lead against the incumbent in the first round, setting the stage for a presidential runoff in three weeks.

With over 70 percent of the polling stations counted, Volodymyr Zelenskiy had 30 percent support in Sunday's vote, while President Petro Poroshenko was a distant second with just over 16 percent.

Ex-Prime Minister Yulia Tymoshenko trailed behind in third with 13 percent support.

The strong showing for the 41-year-old Zelenskiy reflects the public longing for a fresh leader who has no links to Ukraine's corruption-ridden political elite and can offer a new approach to settling the grinding five-year conflict with Russia-backed separatists in eastern Ukraine that has left 13,000 dead since 2014.

"This is only the first step toward a great victory," Zelenskiy said.

The top two candidates advance to a runoff on April 21. Final results are expected to be announced later Monday.

Zelenskiy dismissed suggestions that he could pool forces with Tymoshenko to get the backing of her voters in the second round in exchange for forming a coalition following parliamentary elections in the fall.

"We aren't making any deals with anyone," he said. "We are young people. We don't want to see all the past in our future, the future of our country."

Like the character he plays in a TV sitcom, a schoolteacher-turned-president, Zelenskiy made fighting corruption a focus of his candidacy. He proposed a lifetime ban on holding public office for anyone convicted of graft. He also called for direct negotiations with Russia on ending the conflict in eastern Ukraine.

The election was marred by allegations of widespread vote buying. Police said they had received more than 2,100 complaints of violations on voting day alone in addition to hundreds of earlier voting fraud claims, including bribery attempts and removing ballots from polling places.

Zelenskiy's headquarters alleged multiple voting and other cheating on the part of Poroshenko's campaign, but election officials said the vote took place without significant violations.

"No systematic violations took place on either the election day or the night following the election when votes were being counted at the local polling stations," said Central Election Commission head Tetyana Slipachuk.

Poroshenko looked somber as the votes came in, but visibly relieved about surpassing Tymoshenko to advance to the runoff.

"I critically and soberly understand the signal that society gave today to the acting authorities," he said. "It's a tough lesson for me and my team. It's a reason for serious work to correct mistakes made over the past years."

Still, it's not clear whether he could adjust his campaign enough to meet Zelenskiy's challenges over the next three weeks.

Poroshenko, 53, a confectionery tycoon before he was elected five years ago, saw his approval ratings sink amid Ukraine's economic woes and a sharp plunge in living standards. Poroshenko campaigned on promises to defeat the rebels in the east and to wrest back control of Crimea, the Black Sea peninsula that Russia annexed in 2014 in a move that has drawn sanctions against Russia from the U.S. and the European Union.

Asked about Sunday's vote, Russian President Vladimir Putin's spokesman, Dmitry Peskov, refrained from commenting on Zelenskiy's strong performance, but indicated that the Kremlin would like to see a change of government.

"We would like to see not a party of war at the helm in Ukraine, but a party that aims at a gradual settlement in eastern Ukraine," he told reporters.

A military embezzlement scheme that allegedly involved top Poroshenko associates as well as a factory controlled by the president dogged Poroshenko before this election.

After the vote, Poroshenko lashed out at Zelenskiy, describing him as a pawn of self-exiled billionaire businessman Igor Kolomoyskyi, a charge that Zelenskiy denies.

"Fate pitted me against Kolomoyskyi's puppet in the runoff," he said.

Zelenskiy quickly shot back, saying mockingly that it's impossible to say whether a corrupt official allegedly involved in the military embezzlement scheme was Poroshenko's puppet, or the other way round.

With the lineup for the presidential runoff becoming clear, voters were picking sides.

"Poroshenko is taking the country forward," said Serhiy Poltorachenko, a bank employee. "He made mistakes, but promised to correct them. Poroshenko will win, because Ukrainians won't like to have a clown at the country's helm."

Petro Demidchenko, a 38-year-old office worker, said he was supporting Zelenskiy.

"We don't know what to expect from Zelenskiy, but over the past five years we have found out what to expect from Poroshenko — corruption, soaring prices, continuing war and poverty," he said.

___

Mstyslav Chernov in Kiev, Ukraine and Vladimir Isachenkov in Moscow contributed to this report.

Source: Fox News World

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South Korea’s LG Electronics to shift domestic smartphone production to Vietnam

FILE PHOTO: People walk past an LG Electronics logo during the Mobile World Congress in Barcelona
FILE PHOTO: People walk past an LG Electronics logo during the Mobile World Congress in Barcelona, Spain, Feb. 25, 2016. REUTERS/Albert Gea

April 25, 2019

SEOUL (Reuters) – South Korea’s LG Electronics on Thursday said it would shift domestic manufacturing of smartphones to Vietnam, to enhance production efficiency during a slump in the global phone market.

On Wednesday, Yonhap News Agency, citing an unidentified source, reported that LG planned to suspend domestic production of its money-losing handsets this year.

(Reporting by Ju-min Park; Editing by Christopher Cushing)

Source: OANN

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Patriots owner Kraft can avoid prosecution in Florida prostitution sting: prosecutors

FILE PHOTO: Super Bowl LIII - New England Patriots v Los Angeles Rams
FILE PHOTO: NFL Football - Super Bowl LIII - New England Patriots v Los Angeles Rams - Mercedes-Benz Stadium, Atlanta, Georgia, U.S. - February 3, 2019. New England Patriots' Julian Eddleman (R) and New England Patriots owner Robert Kraft celebrate with the Vince Lombardi trophy after winning the Super Bowl LIII. REUTERS/Mike Segar/File Photo

March 19, 2019

By Alex Dobuzinskis

(Reuters) – The owner of the Super Bowl champion New England Patriots could be spared prosecution on charges of soliciting prostitution in Florida if he agrees to community service and other obligations, a spokesman for prosecutors said on Tuesday.

Robert Kraft, the National Football League team owner, is receiving the same offer from the Office of the State Attorney for Palm Beach County as the other first-time misdemeanor offenders caught up in the case last month, said Mike Edmondson, a spokesman for the office. Edmondson declined to say if Kraft has agreed to the offer for avoiding prosecution.

Kraft, 77, a businessman who built the Patriots into the NFL’s most dominant franchise, was charged following a police sting targeting sex-trafficking in day spas and massage parlors. The operation has led to charges against hundreds of people.

An attorney for Kraft could not be reached for comment. A spokesman for the New England Patriots did not immediately respond to a request for comment.

Prosecutors would defer prosecution of Kraft if he agrees to 100 hours of community service, receives education on the harms of prostitution, undergoes screening for sexually transmitted diseases and pays court costs, Edmondson said by phone.

Prosecutors also generally require defendants avoiding prosecution in such cases to admit guilt or acknowledge that prosecutors would prevail in the case at trial, he said.

Kraft is one of 25 people who were charged in Palm Beach County with soliciting prostitution, a charge with a maximum sentence one year in jail if a person is convicted.

The New England Patriots play just outside Boston. Kraft lives in Massachusetts but owns property in Florida’s wealthy Palm Beach, 80 miles (130 km) north of downtown Miami.

Kraft is accused of visiting Orchids of Asia Day Spa in the Palm Beach County community of Jupiter on two separate occasions to solicit sex and was charged with two counts of soliciting prostitution.

Kraft, a friend and supporter of President Donald Trump, could face discipline from the NFL under a policy that applies to team owners and prohibits “conduct detrimental to the integrity” of the NFL.

In 2004, Indianapolis Colts owner Jim Irsay was suspended six games and fined $500,000 after he pleaded guilty to driving while on drugs.

Kraft’s wife of many decades, Myra Hiatt Kraft, died in 2011 of ovarian cancer. He has not remarried.

(Reporting by Alex Dobuzinskis in Los Angeles; editing by Bill Tarrant and Grant McCool)

Source: OANN

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Suspect allegedly breaks into Louisiana governor’s mansion, falls asleep on couch: report

The governor’s mansion in Baton Rouge, La., experienced an extraordinary security breach last week after a man trespassed into the property before damaging a table and falling asleep on a couch, state police revealed Monday.

Thirty-four-year-old Reynard Green was booked Wednesday on simple burglary, criminal trespass and criminal damage to property, possession of a Schedule I narcotic and two counts of battery of a police officer, The Advocate reported. It was not immediately clear whether he had an attorney.

NEW ORLEANS CHURCH HAS GOOD FRIDAY GAS GIVEAWAY, PRAYERS AT THE PUMP

Green was found asleep on a couch and had broken an antique table, authorities said.

Reynard Green of Baton Rouge was booked Wednesday on counts including simple burglary, criminal trespass and criminal damage to property. It was not immediately clear whether he had an attorney.

Reynard Green of Baton Rouge was booked Wednesday on counts including simple burglary, criminal trespass and criminal damage to property. It was not immediately clear whether he had an attorney. (Louisiana State Police)

State Police spokesman J.B. Slaton said Green also had assaulted two law enforcement officers after being taken to a police headquarters.

Slaton said that while the breach remains under investigation, authorities are reviewing security protocols at the mansion "for potential areas of improvement."

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Authorities wouldn't immediately comment on whether Gov. John Bel Edwards or his family were in the mansion at the time. A spokesman for the governor referred comment to the State Police.

The Associated Press contributed to this report.

Source: Fox News National

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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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