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Kuroda says BOJ ready to ease if yen rise hurts price goal path

BOJ Governor Kuroda attends a news conference in Tokyo
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan December 20, 2018. Mandatory credit Kyodo/via REUTERS

February 19, 2019

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path toward achieving its 2 percent inflation target.

But he said the BOJ would carefully weigh the benefits and costs if it were to ease monetary policy further.

“Currency moves could have an impact on the economy and prices, so it’s crucial we take into account these factors when guiding monetary policy,” Kuroda told parliament.

“If (currency moves) are having an impact on the economy and prices, and if consider it necessary to achieve our price target, we’ll consider easing policy,” he said.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)

Source: OANN

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Tennis: Taiwan’s Hsieh stuns Kerber to reach Dubai quarters

Tennis - Australian Open - Third Round
FILE PHOTO: Tennis - Australian Open - Third Round - Melbourne Park, Melbourne, Australia, January 19, 2019. Taiwan's Hsieh Su-Wei in action during the match against Japan's Naomi Osaka. REUTERS/Lucy Nicholson

February 20, 2019

(Reuters) – Wimbledon champion Angelique Kerber suffered a surprise last 16 exit from the Dubai Duty Free Tennis Championships after being beaten by unseeded Hsieh Su-wei 5-7 6-4 6-0 on Wednesday.

Taiwan’s Hsieh was two games away from defeat when Kerber rallied from 2-4 down to draw level at 4-4 in the second set, but the world number 31 won eight of the last 10 points to send the match to a decider.

The 33-year-old Hsieh ultimately scorched into the last eight, converting three break points to bagel her German opponent.

Hsieh, who recorded her first win in three attempts against Kerber, will next face Karolina Pliskova for a place in her second semi-final of the season, and first since the opening week of 2019 at the Auckland Classic.

“How did I win? I try very hard,” Hsieh said after notching up her first victory over a top 10 opponent since beating Simona Halep at last year’s Wimbledon.

“The first two sets, we both try super hard, so it was very close. Final set, I did little bit more. I feel more relaxed in the final set, so I gained the match pretty well.”

World number four Petra Kvitova overcame American qualifier Jennifer Brady 7-5 1-6 6-3 to reach the last eight in Dubai for the first time in six years.

Australian Open runner-up Kvitova was two points away from losing the opening set in the ninth game when she responded in style by clinching 14 of the next 16 points.

After defeating Katerina Siniakova in three sets in the second round, Kvitova had said on Twitter she was “glad P3tra came back” – and the two-time Wimbledon champion was forced to step up her game again in a decider against Brady.

Kvitova benefited from Brady’s sixth double fault of the match to secure a break in the first game before producing a string of delightful serve and volley combinations to extend her lead.

While Kvitova squandered her first match point by producing a 10th double fault, the Czech sealed a victory with a clinical point finished at the net.

“The wind was just terrible today, to be honest,” said Kvitova after reaching at least the quarter-finals for the fourth successive tournament.

“It was really difficult to find a way with it. I couldn’t really serve well today at all. It’s been big struggle for me.”

Third seed Simona Halep joined Kvitova in the quarter-finals after the Romanian continued her steady progress with a 6-3 7-5 win over Ukraine’s Lesia Tsurenko.

Two-time defending champion Elina Svitolina extended her winning streak in Dubai to 11 matches after defeating two-times Grand Slam champion Garbine Muguruza 6-1 6-2.

(Reporting by Hardik Vyas in Bengaluru, editing by Pritha Sarkar)

Source: OANN

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DNC Asking Sanders to Affirm He's A Democrat

Sen. Bernie Sanders, I-Vt., will be asked to officially affirm he is a Democrat, the Washington Examiner is reporting.

The request from the Democratic National Committee is being made to all those seeking the party nomination. Sanders, however, is the only independent, who is an announced candidate for the party nomination.

All candidates will have to sign a “candidate affirmation form,” a DNC official told the Examiner.

"Candidates who have officially announced their candidacy will have a week to return a signed copy of the affirmation form to the DNC," the official said. "As any additional candidates enter the race, they will be provided with the same information and will be required to return the form in the same time frame."

Under new party rules, a presidential candidate must “be a bona fide Democrat.”

Sanders caucuses with Democratic lawmakers. He will sign the pledge and will run as a Democrat and serve as one if elected, Jeff Weaver, a senior campaign adviser told CNN.

Source: NewsMax Politics

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Steps Trump Can Take to Solve Border Crisis

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Source: InfoWars

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UN chief meets with Egypt’s top cleric, decries hate speech

The U.N. chief has expressed solidarity with Muslims world over during a visit to Cairo, denouncing hate speech and racism, as well as anti-Semitism.

The remarks by U.N. Secretary-General Antonio Guterres on Tuesday in the Egyptian capital came less than a month after the terrorist attack on New Zealand mosques killed 50 worshippers.

Guterres says "hate speech is entering the mainstream, spreading like wildfire through social media and radio."

He says that "in this time of difficulties and division, we must stand together and protect each other. Nothing justifies terrorism, and it becomes particularly hideous when religion is invoked. ... we must uphold and promote human dignity and universal human rights."

Guterres' comments came after his meeting with Egypt's top Muslim cleric Sheikh Ahmed el-Tayeb, the grand imam in Cairo.

Source: Fox News World

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War Room – 2019-April 15, Friday – Three Hate Crimes In One Day Against Trump Supporters Ignored By MSM

Today's War Room breaks a very important story of a father losing his rights to raise his son because he refuses to allow the mother to raise the boy as if it were a girl, only it's much worse than that. We also highlight the legal President of internet censorship. Also, Frank Cavanaugh joins the show for Full Metal Maga Hour.

Source: The War Room

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New York Times CEO warns publishers ahead of Apple news launch

FILE PHOTO: Mark Thompson, president and CEO of the New York Times Company, poses for a portrait in New York
FILE PHOTO: Mark Thompson, president and CEO of the New York Times Company, poses for a portrait in New York, November 26, 2013. REUTERS/Lucas Jackson/File Photo

March 21, 2019

By Kenneth Li and Helen Coster

NEW YORK (Reuters) – Apple Inc is expected to launch an ambitious new entertainment and paid digital news service on Monday, as the iPhone maker pushes back against streaming video leader Netflix Inc. But it likely will not feature the New York Times Co.

Mark Thompson, chief executive of the biggest U.S. newspaper by subscribers, warned that relying on third-party distribution can be dangerous for publishers who risk losing control over their own product.

“We tend to be quite leery about the idea of almost habituating people to find our journalism somewhere else,” he told Reuters in an interview on Thursday. “We’re also generically worried about our journalism being scrambled in a kind of Magimix (blender) with everyone else’s journalism.”

Thompson, who took over as New York Times CEO in 2012 and has overseen a massive expansion in its online readership, warned publishers that they may suffer the same fate as television and film makers in the face of Netflix’s Hollywood insurgence.

“If I was an American broadcast network, I would have thought twice about giving all of my library to Netflix,” Thompson said in response to questions about any talks with Apple to participate in the iPhone maker’s new news service.

Thompson declined to comment on any conversations with Apple. But he used the tale of how Netflix made huge inroads into Hollywood to explain why the Times has avoided striking deals with digital platforms in which it had little control over relationships with customers or its content.

“Even if Netflix offered you quite a lot of money. … Does it really make sense to help Netflix build a gigantic base of subscribers to the point where they could actually spend $9 billion a year making their own content and will pay me less and less for my library?” he asked.

In 2007 the answer for Hollywood was yes. In exchange for billions of dollars, studios helped Netflix launch a fledgling streaming video service by licensing their libraries of shows and movies, but that decision may have sown the seeds of their own demise.

By 2016, Time Warner Inc was forced to sell itself to AT&T Inc and Rupert Murdoch sold his 21st Century Fox film and TV studios to Walt Disney Co.

Apple is the latest company to offer a direct-to-consumer streaming video, along with a news subscription service, by leveraging the power of its more than 1 billion devices.

Through its subscription news service, Apple will charge about $10 monthly for access to a variety of magazine and newspaper content, according to media reports. Apple is expected to take 50 percent of the revenue. The Wall Street Journal has agreed to join Apple’s service, according to a recent New York Times report. News Corp, owner of the Journal, was not immediately reachable for comment.

A monthly digital subscription to the New York Times costs $15, and Thompson said he has no plans to give that up to participate on other platforms such as Apple’s.

Last year, the Times generated over $700 million in digital revenue, close to the company’s target of $800 million in annual digital sales by 2020. Digital ad revenue surpassed print ad revenue for the first time in the fourth quarter of 2018. The Times has plowed investment back into its newsroom, which at 1,550 journalists is now at its largest ever.

Despite the company’s insistence on keeping readers on its own products and platforms, Thompson said it has experimented on other services, highlighting content the Times developed just for Snap Inc’s Snapchat app, which helped reach new, younger readers.

These new audiences, he said, will play a big role in helping the Times reach its new target of 10 million subscribers by 2025.

(Reporting by Kenneth Li; Editing by Bill Rigby)

Source: OANN

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FILE PHOTO: Naqvi Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the WEF in Davos
FILE PHOTO: Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich/File Photo

April 26, 2019

By Tom Arnold

LONDON (Reuters) – A London court case to extradite Arif Naqvi, founder of collapsed private equity firm Abraaj Group, to the United States on fraud charges was adjourned until May 24, a court official said on Friday.

Naqvi was remanded in custody until that date, the official said. A former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, was released on conditional bail to appear again at Westminster Magistrates Court on June 12, the official said.

Under the U.S. charges, both men are accused of defrauding U.S. investors by inflating positions held by Abraaj in order to attract greater funds from them, causing them financial loss, the official said.

Vettivetpillai could not be reached for a comment.

Naqvi, in a statement released through a PR firm, has pleaded innocent.

The U.S. Securities and Exchange Commission alleges that Naqvi and his firm raised money for the Abraaj Growth Markets Health Fund, collecting more than $100 million over three years from U.S.-based charitable organizations and other U.S. investors.

Naqvi and Vettivetpillai were arrested in Britain earlier this month. Another executive, Mustafa Abdel-Wadood was arrested at a New York hotel, Assistant U.S. Attorney Andrea Griswold said at a hearing in Manhattan federal court on April 11.

Abdel-Wadood appeared at the Manhattan hearing and pleaded not guilty to securities fraud, wire fraud and conspiracy charges.

(Editing by Jane Merriman)

Source: OANN

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Former Vice President Joe Biden announces his 2020 candidacy
Former U.S. Vice President Joe Biden announces his candidacy for the Democratic presidential nomination in this still image taken from a video released April 25, 2019. BIDEN CAMPAIGN HANDOUT via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

April 26, 2019

By James Oliphant

WASHINGTON (Reuters) – Former U.S. Vice President Joe Biden, in his first interview as a Democratic presidential candidate, said on Friday that he does not believe he treated law professor Anita Hill badly during the 1991 confirmation hearings for Supreme Court Justice Clarence Thomas.

Biden had joined the burgeoning 2020 Democratic field a day earlier.

Biden’s conduct during those hearings, when he was chairman of the U.S. Senate Judiciary Committee, became a renewed subject of controversy after the New York Times reported that Biden had called Hill earlier this month in the run-up to his presidential bid and that Hill was dissatisfied with Biden’s expression of regret.

Appearing on ABC’s “The View,” Biden largely defended his actions as a senator almost 30 years ago, saying he believed Hill’s allegations of sexual harassment levied at Thomas and tried to derail his confirmation.

Activists have long been unhappy that Hill was questioned in graphic detail by the all-white, all-male committee chaired by Biden.

“I’m sorry she was treated the way she was treated,” Biden said, but later, he asserted, “I don’t think I treated her badly. … How do you stop people from asking inflammatory questions?”

“There were a lot of mistakes made across the board and for those I apologize,” he said.

Biden praised Hill as “remarkable” and said she is “one of the reasons we have the #MeToo movement.”

Asked why he had not reached out to Hill earlier, Biden said he had previously publicly stated he had regrets about her treatment and that he “didn’t want to quote invade her space.”

That seemed to be a reference to another controversy that looms over Biden’s presidential run: allegations by several women that he made them uncomfortable by touching them at political events.

Biden also addressed that criticism, saying he was now more “cognizant” about a woman’s “private space.” But he maintained that he had been “trying to bring solace.”

He suggested he was still trying to sort out the guidelines for his conduct going forward.

“I should be able to read better,” he said. “I have to be more careful.”

Pressed by the show’s panel for an apology to his accusers, Biden would not entirely capitulate.

“So, I invaded your space,” he replied. “I mean, I’m sorry this happened. But I’m not sorry in a sense that I think I did anything that was intentionally designed to do anything wrong or be inappropriate.”

Biden, 76, served as former President Barack Obama’s vice president for two terms. He is competing with 19 others for the Democratic presidential nomination and the chance to likely face President Donald Trump next year in the general election.

His first public event as a presidential candidate is scheduled for Monday in Pittsburgh.

(Reporting by James Oliphant; editing by Jonathan Oatis)

Source: OANN

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FILE PHOTO: The logo of Tesla is seen in Taipei
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Noel Randewich

SAN FRANCISCO (Reuters) – Tesla Inc’s stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

With investors betting Tesla will soon raise capital, the stock has fallen 13% for the week to its lowest level since January 2017, before the launch of the Model 3 sedan aimed at making the electric car maker profitable.

One positive development for Tesla: a U.S. District Court judge on Friday granted a request by Musk and the Securities and Exchange Commission for a second extension to resolve a dispute over Musk’s use of Twitter.

On Wednesday, Tesla posted a worse-than-expected loss of $702 million for the March quarter. Musk said Tesla would return to profit in the third quarter and that there was “some merit” to raising capital.

Musk is still battling to convince investors that demand for the Model 3, the company’s first car aimed at the mass consumer market, is “insanely” high, and that it can be delivered efficiently to customers around the world.

Tesla ended its first quarter with $2.2 billion, down from $3.7 billion in the prior quarter, and the company is planning expansions including a Shanghai factory, an upcoming Model Y SUV, and other projects.

(GRAPHIC: Tesla’s cash – https://tmsnrt.rs/2DyJjX6)

On Monday, Musk hosted a self-driving event, where he predicted Tesla would have over a million autonomous vehicles by next year. Some analysts perceived the presentation as a way to deflect attention from questions about demand, margin pressure, increasing competition and even Musk’s ongoing battle with U.S. regulators.

Tesla’s stock has now fallen 29 percent in 2019 and the company’s market capitalization has declined to $41 billion from $63 billion in mid-December.

(GRAPHIC: Tesla’s declining market cap – https://tmsnrt.rs/2Dwd62r)

Analysts now expect Tesla’s revenue to expand 19% in 2019, compared with 83% growth in 2018 and 68% growth in 2017, according to Refinitiv.

Following Tesla’s quarterly report, 12 analysts recommend selling the stock, while 11 recommend buying and eight are neutral. The median analyst price target is $275, up 16% from the stock’s current price of $236. Berenberg analyst Alexander Haissl has the most optimistic price target, at $500, while Cowen and Company’s Jeffrey Osborne has the lowest, at $160, according to Refinitiv.

(Reporting by Noel Randewich; editing by Jonathan Oatis)

Source: OANN

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Former CIA Director John Brennan pushed back Friday on President Trump’s charge that he knew about or participated in an attempt to overthrow the American government.

“I don’t think it’s surprising at all that we continue to hear the sociopathic ramblings of Mr. Trump claiming that there was this effort to try to prevent him from being elected or to unseat him,” he told MSNBC’s Hallie Jackson.

Brennan was reacting to comments Trump made during an interview with Sean Hannity on Thursday night.

Trump specifically criticized Brennan, along with former Director of National Intelligence James Clapper, former FBI Director James Comey, and former Deputy FBI Director Andrew McCabe, in the fiery interview.

ROSENSTEIN SLAMS OBAMA ADMINISTRATION FOR CHOOSING ‘NOT TO PUBLICIZE FULL STORY’ OF RUSSIA HACKING

His comments followed the release of Special Counsel Robert Mueller‘s report which stopped short of accusing the president of either obstruction of justice or collusion with Russia.

Brennan added he welcomed further investigation into his and other officials’ conduct while they served in government. “I’ve testified in front of Congress … Absolutely, I’ll do it again,” he said.

Brennan also disputed Sen. Rand Paul’s, R-Ky., claim that he “insisted that the unverified and fake Steele dossier be included in the Intelligence Report.”

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Journalist Bob Woodward similarly promoted the idea that the CIA pushed to include the Steele dossier in the intelligence community assessment surrounding Russian election interference.

“That’s absolutely incorrect and 180 degrees from the truth. It was CIA that was pushing not to have it included and not to be taken into account at all in that intelligence community assessment.

Source: Fox News Politics

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New artwork believed to be from the elusive Banksy appeared overnight on a wall near where climate change activists spent the last two weeks protesting in London.

The street art – which was first noticed by people Thursday night – purportedly shows a child clutching a sign of the Extinction Rebellion emblem while planting a small flower with the words “From this Moment Despair Ends and Tactics Begin.”

It comes on the day that Extinction Rebellion backed up their protests which snarled traffic in the British capital for nearly two weeks.

A woman takes a picture of a new piece of street art that people noticed for the first time last night and is believed to be by street artist Banksy on a wall where Extinction Rebellion climate protesters had set up a camp in Marble Arch, London, Friday, April 26, 2019. 

A woman takes a picture of a new piece of street art that people noticed for the first time last night and is believed to be by street artist Banksy on a wall where Extinction Rebellion climate protesters had set up a camp in Marble Arch, London, Friday, April 26, 2019.  (AP)

CLIMATE ACTIVISTS GLUE THEMSELVES TO LONDON STOCK EXCHANGE ON ‘LAST DAY’ OF PROTESTS

A Bansky collector and expert told The Guardian he believes the mural on Marble Arch is an authentic piece by the Bristol street artist.

John Brandler, who owns a dozen pieces by Banksy, said he believes it’s an original because of its execution and theme.

“I’m convinced about the one in London for two reasons: it’s a topic that he would support, and it’s a continuation of the Port Talbot piece that appeared in December 2018,” he said. “The name in the corner is not important, the signature is the work. And this is a Banksy. It’s a wonderful statement and beautiful piece.”

A spokesperson for Westminster council told The Guardian that they are investigating the authenticity of the art piece. Banksy has not confirmed the authenticity.

Extinction Rebellion – self-described “rebels” – have recently made headlines for snarling traffic and public transit in London through a series of blockades. They ended their 10-day outlandish demonstrations on Thursday but not before several members glued themselves to the London Stock Exchange building.

Calvin Benson, 48, a supporter of the climate change activist group, told Sky News that the artwork “represents the will of the people that were here and the people of the nation.”

TOPLESS CLIMATE CHANGE PROTESTERS ARRESTED AFTER INTERRUPTING BREXIT DEBATE IN BRITISH PARLIAMENT

Bansky, who has never disclosed his full identity, began his career spray-painting buildings in Bristol, England, and has since become one of the world’s best-known artists.

His mischievous and often satirical images include two policemen kissing, armed riot police with yellow smiley faces and a chimpanzee with a sign bearing the words, “Laugh now, but one day I’ll be in charge.”

His artwork titled “Girl With Balloon” – one of his best-known works – was sold on auction for $1.4 million last October just before it self-destructed.

Videos from inside the Sotheby’s in London show the painting partially running through a shredder embedded in the frame and emerging from the bottom as strips.

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A video on Banksy’s website after the incident appeared to imply that the painting’s partial shredding was supposed to have been complete.

“In rehearsals, it worked every time…” the video notes at the end.

Source: Fox News World

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