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Tennis player Djokovic, gymnast Biles win top Laureus awards

Simone Biles competes on the floor exercise at the U.S. Gymnastics Championships in Boston
FILE PHOTO: Simone Biles competes on the floor exercise at the U.S. Gymnastics Championships in Boston, Massachusetts, U.S., August 19, 2018. REUTERS/Brian Snyder

February 18, 2019

MONACO (Reuters) – World number one tennis player Novak Djokovic crowned a winning return to the courts after surgery with the Laureus sportsman of the year award on Monday, while American gymnast Simone Biles won the sportswoman of the year prize.

Serbian Djokovic, who 12 months ago had elbow surgery, won Wimbledon and the U.S. Open in 2018, before lifting this year’s Australian Open crown, to add to his tally of Grand Slam singles titles and reclaim top spot in the rankings.

With his record seventh crown at Melbourne Park, Djokovic moved ahead of Pete Sampras into third on the men’s all-time list of Grand Slam title winners (15), just two behind Rafa Nadal. Roger Federer is still out in front with 20.

“I did think about leaving tennis,” Djokovic said on Monday. “I did not find myself in a good balance. It took me several months to find that purpose and meaning again. This award reflects and symbolizes this journey.

“Reflecting on the journey it seems like a fairytale story.”

Multiple Olympic champion Biles in November became the all-time leading world gymnastics championship gold medal winner with a record 14 golds.

With 20 overall medals at the worlds, Biles, who has also won four Olympic golds, tied Russia’s Svetlana Khorkina for the most by a female gymnast in world championships competition. Her all-around world title was her fourth, also a record.

The comeback of the year award was handed to U.S. golfer Tiger Woods, who silenced even his harshest critics when he earned what some consider to be one of the greatest victories of his career at last year’s Tour Championship season finale.

Woods, who collected the last of his 14 majors at the 2008 U.S. Open, has had plenty of health-related setbacks, having to endure several knee and back surgeries, and his career seemed to be nearing its end in 2017.

Japan’s world number one women’s tennis player Naomi Osaka, who lifted her first Grand Slam title at the U.S. Open last year, and went on to claim the 2019 Australian Open, won the breakthrough of the year award.

(Reporting by Karolos Grohmann; Editing by Ken Ferris)

Source: OANN

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Trump Blasts GM for Ohio Plant Closure, Urges Reopening

President Donald Trump stepped up his pressure on General Motors to reopen an Ohio manufacturing plant that recently closed and put 1,700 people out of work.

Trump's arm-twisting came in two separate tweets on Saturday and Sunday .

He called on GM to reopen its Lordstown plant or find another owner, while insisting that the Detroit automaker "must act quickly."

He also blasted GM for letting down the U.S. and asserted "much better" automakers are coming to the country.

Trump praised Toyota for its investments in the U.S. in an apparent attempt to depict GM as being less committed to its home country than the Japan automaker.

GM didn't immediately respond to requests for comment Sunday.

The Lordstown closure has become a hot-button issue in an area of Ohio that is expected to be critical for Trump if he seeks re-election as promised in 2020.

Trump prevailed in Ohio in the 2016 election, a win that helped him win enough electoral votes to become president despite losing the popular vote to Hillary Clinton.

That may be one reason why Trump joined a coalition of Ohio lawmakers in efforts to get the Lordstown plant running again. The tweets marked some of his most pointed criticism of GM so far.

Trump has skewered several other U.S. companies for not doing more to help their country's economy, but his remarks so far have been more bark than bite.

For instance, he has publicly called upon Apple to shift most of its manufacturing from China to the U.S., but the Silicon Valley company continues to make its iPhones and most other products overseas.

Ohio Gov. Mike DeWine, a Republican, last week expressed doubts GM will reopen its Lordstown plant, but said the automaker indicated it's in talks with another company about using the site.

More than 16 million vehicles were made at the Lordstown plant during its 53-year history until GM closed it earlier this month as part of a massive reorganization. The company also intends to close four other North American plants by early next year.

Source: NewsMax Politics

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Japan’s Abe sends offering to controversial shrine for war dead

FILE PHOTO - Japan's Prime Minister Shinzo Abe speaks to media after phone talks with U.S. President Donald Trump after second North Korea-U.S. summit, in Tokyo
FILE PHOTO - Japan's Prime Minister Shinzo Abe speaks to media after phone talks with U.S. President Donald Trump (not pictured) after second North Korea-U.S. summit, at Abe's residence in Tokyo, Japan February 28, 2019. REUTERS/Issei Kato

April 21, 2019

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe sent a ritual offering to the controversial Yasukuni Shrine for war dead on Sunday but held off from visiting what Japan’s neighbors view as a symbol of the country’s former militarism.

Abe’s decision not to visit the shrine, which also honors 14 Japanese leaders convicted by an Allied tribunal as war criminals, was seen partly out of consideration of improving relations with China, with President Xi Jinping expected to visit Japan when it hosts a G20 summit in June.

China’s relations with Japan have long been soured by what Beijing sees as Tokyo’s failure to atone for its occupation of parts of China before and during World War Two, although ties have thawed recently.

In late 2013, Abe sparked widespread international outrage, including from key ally the United States as well as China and South Korea, when he visited the shrine.

Since then, the premier has sent offerings on the occasion of Yasukuni’s spring and autumn festivals and the anniversary of Japan’s World War Two surrender instead of going himself.

Japan occupied Korea from 1910-1945.

(Reporting by Tetsushi Kajimoto; Editing by Nick Macfie)

Source: OANN

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U.S. Supreme Court Justice Ginsburg attends oral argument after cancer bout

FILE PHOTO: U.S. Supreme Court Justice Ruth Bader Ginsburg poses during group portrait at Supreme Court in Washington
FILE PHOTO: U.S. Supreme Court Justice Ruth Bader Ginsburg is seen during a group portrait session for the new full court at the Supreme Court in Washington, U.S., November 30, 2018. REUTERS/Jim Young/File Photo

February 19, 2019

By Lawrence Hurley

WASHINGTON (Reuters) – U.S. Supreme Court justice Ruth Bader Ginsburg on Tuesday made her first appearance on the bench since lung cancer surgery in December as she attended an oral argument in a patent case.

Ginsburg, a liberal jurist who will turn 86 in March, was steady on her feet as she walked unassisted up the steps leading to the bench before sitting for the scheduled one-hour argument in a case involving the U.S. Postal Service.

Wearing one of her signature decorative collars, she stood with the other eight justices as the court marshal called the court to order, before taking her usual seat to the right of Chief Justice John Roberts.

Ginsburg, who joined the court in 1993, underwent a surgical procedure called a pulmonary lobectomy on Dec. 21 at Memorial Sloan Kettering Cancer Center in New York to remove two cancerous nodules in her left lung. She was released from the hospital on Dec. 25.

She returned to the court on Friday for the first time since the surgery to take part in the nine justices’ private conference. Last month, the court said Ginsburg’s recovery was on track and that there was no evidence of remaining disease.

Ginsburg missed oral arguments in January for the first time in her lengthy career on the court, fueling speculation about her ability to continue in the job. As the oldest justice, she is closely watched for any signs of deteriorating health.

She is one of four liberal justices on a court with a 5-4 conservative majority.

Though she worked from home during her absence from the court, Ginsburg attended a Feb. 4 concert in Washington titled “Notorious RBG in Song.” She is viewed as something of a cult figure by U.S. liberals, known by that nickname after the late rapper Notorious BIG.

(Reporting by Lawrence Hurley and Andrew Chung; Editing by Will Dunham)

Source: OANN

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Man accused of assaulting teens is indicted on new charges

New charges have been filed against a Washington, D.C, barbershop owner accused of posing as a Howard University student and sexually assaulting incapacitated teenagers.

The Washington Post reports 35-year-old Julian Everett was indicted last week on charges related to a fourth victim. That victim's age is unclear.

Prince George's County police said three teenagers, ages 16 to 18, reported going on a date with Everett and losing consciousness after having alcohol. Police say they were then assaulted. Two teens were Howard students.

County State's Attorney's Office spokeswoman Denise Roberts says the fourth victim came forward after news about Everett's March arrest.

Allegations against him date back to at least 2001, including a case in which he was convicted of kidnapping a transgender woman. Everett's attorney declined to comment.

Source: Fox News National

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Life after ECB’s ‘Super Mario’ unnerves global investors

FILE PHOTO: 28th Frankfurt European Banking Congress (EBC) takes place in Frankfurt
FILE PHOTO: European Central Bank (ECB) President Mario Draghi speaks at the 28th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 16, 2018. REUTERS/Ralph Orlowski/File Photo

March 26, 2019

By Dhara Ranasinghe, Jennifer Ablan and Virginia Furness

LONDON/NEW YORK (Reuters) – “Whatever it takes” is a daunting legacy for any departing central bank chief to bequeath a successor and leaves world markets anxious about what is to come after Mario Draghi leaves the European Central Bank later this year.

Draghi’s 2012 pledge to save the euro won the confidence of financial markets and arrested the currency bloc’s debt crisis. Investors admired his willingness to break new policy ground — maneuvering past internal and external opposition — and clear communication of the ECB’s thinking.

With growth and inflation flagging again, and the ECB’s policy arsenal depleted, whoever succeeds him may need to be similarly bold. Growing questions about the orthodoxies of economic policy — including monetary policy models — could present an additional test.

Mohamed El-Erian, chief economic adviser for Allianz SE in California, said replacing Draghi, if badly handled, could create significant uncertainty at a time when the ECB faces slowing economic momentum.

“Add to that concern about the eroding effectiveness of unconventional monetary policies, and the list of challenges facing the next ECB President gets quite significant,” said El-Erian, a long-time central bank observer.

Reuters Poll: ECB to hike before next downturn? https://tmsnrt.rs/2O4dnOv

BIG QUESTIONS

Draghi, nicknamed “Super Mario”, looks set to end his eight-year term without having ever executed a rate rise.

But after years of ultra-easy monetary policy, including negative interest rates and an unprecedented 2.6 trillion euro asset purchase scheme, economic growth is weakening yet again. Inflation is below the ECB’s near-2-percent target and Germany’s 10-year bond yield has dropped back below zero.

Investors fear the ECB’s window to normalize policy has closed, meaning it has little in its toolkit to face the next recession. Like other central banks, it is also struggling to explain why falling jobless rates have failed to lift inflation, market expectations for which are at their lowest since 2016 after weak German data on Friday exacerbated growth fears.

This raises big questions for the next ECB head, to be appointed by politicians, probably after the European Parliament elections in May. Could a weak economy force a revival of quantitative easing (QE), with possible stock purchases given a scarcity of eligible bonds?

And to prevent a Japanese style low-inflation, low-growth rut, the next ECB chief may have to mull unorthodox policy steps adopted by the Bank of Japan such as yield-curve control.

“The issue of having too few tools for the next slowdown, is a challenge for all central banks, but in the case of the ECB you could have a big political crisis to deal with as well as the more normal central banking day job,” said Andrew Balls, global fixed income CIO at PIMCO.

Potential candidates for the job are already discussing these possibilities.

Finnish central bank chief Olli Rehn, seen as an outside tip, said this month that the ECB should follow the U.S. Federal Reserve and review its entire policy framework given the failure to lift inflation after years of extraordinary stimulus.

Inflation has been below the ECB’s target since 2013.

Graphic: ECB balance sheet – https://tmsnrt.rs/2Hz4sUC

For Francesco Papadia, former ECB head of market operations, the balance sheet remains a key tool if further action is needed to shore up the economy.

The hefty asset purchases under Draghi have doubled the ECB’s balance sheet to 4.68 trillion euros.

“The scarcity of some bonds could be dealt with the inventiveness the ECB has shown over the years, for instance they could purchase bank loans or equities, like the BOJ,” said Papadia. “They could also come up with completely new tools, consistent with their record of bold innovations.”

Economists polled by Reuters favored ECB board member Benoit Coeure to succeed Draghi but saw Finland’s Erkki Liikanen as a more likely choice. Rehn, German Jens Weidmann — long a policy hawk to Draghi’s dove — and France’s Francois Villeroy de Galhau are also potential candidates.

“Nobody can be more dovish than Draghi. Whoever it is, is going to be on the more hawkish end,” said Giles Rothbarth, portfolio manager in BlackRock’s European equity team.

Graphic: Draghi’s financial market record – https://tmsnrt.rs/2HzKgSu

BIG SHOES TO FILL

Few had predicted the ECB’s change of speed after Draghi took over from Jean-Claude Trichet in November 2011. With the debt crisis raging, Draghi had soon overridden northern European concerns about money-printing.

“Draghi is big shoes to fill — his “whatever it takes” speech is precisely what was needed at the time,” said Bob Michele, head of global fixed income at JPMorgan Asset Management.

Investors said the ability to communicate with markets and the boldness to fight a crisis were crucial qualities for a successor, and that they valued stability more than asset performance during a central bank chief’s tenure.

Returns on the euro have fallen 17 percent during Draghi’s term, while those on bank stocks are 1 percent lower.

The euro rallied 10 percent in the year after that July 2012 speech, however, while Italy’s 10-year bond yield dropped to around 4 percent from above 6 percent.

An analysis of introductory policy statements by ECB economists shows they generally became easier to read under Draghi.

Graphic: Reading grade level and length of ECB press conference introductory statements – https://tmsnrt.rs/2HBc0WW

For former Goldman Sachs economist Jim O’Neill, Draghi, Bank of England Governor Mark Carney and Fed chairman Jerome Powell represent a step forward as central bank heads because they have experience beyond academic circles.

All three worked at banks. Powell and Carney have government experience, while Draghi later worked at the World Bank.

“Whoever replaces Mario, I hope they are as open-minded, savvy and not too narrow-minded economists,” said O’Neill.

HIGH FLUX

Half the ECB board and more than a third of the rate-setting Governing Council will be replaced this year.

Richard Barwell, a former BoE economist and head of macro research at BNP Paribas Asset Management in London, said the reality is the loss of an “entire dream team” that has driven the policy agenda.

Coeure, for example, was a dynamic force in the ECB’s market operations team that designs key crisis-fighting tools. Belgian Peter Praet brought heavyweight power to the influential economics unit.

“The succession will influence every decision for the next eight years,” said Barwell.

(Reporting by Dhara Ranasinghe, Virginia Furness, Helen Reid and Marc Jones in London and Jennifer Ablan and Trevor Hunnicutt in New York; graphics by Ritvik Carvalho and Reuters polling; Editing by Mike Dolan and Catherine Evans)

Source: OANN

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Duterte: few options in territorial disputes with China

Philippine President Rodrigo Duterte has described his dilemma in dealing with a more powerful China in territorial disputes in the South China Sea, saying he has few options other than to order troops to "prepare for suicide missions" if a Philippine-occupied island comes under threat.

Duterte reminded China in a speech Thursday of its closer ties with the Philippines under his leadership, but said if an island occupied by Filipinos in the disputed waters is threatened, "things would be different." Duterte has adopted a non-confrontational approach in territorial spats with China while seeking infrastructure funds and investment.

Duterte said in reference to the island, "If you touch that, that's a different story. I can tell my soldiers 'prepare for suicide missions.'"

Six governments claim territories in the South China Sea.

Source: Fox News World

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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The Dalai Lama has returned to his headquarters in the north Indian hill town of Dharmsala after a brief stay in a hospital in the capital for treatment of a chest infection.

Hundreds of exiled Tibetans lined the streets of Dharmsala carrying ceremonial scarves and incense sticks to welcome the Dalai Lama on Friday.

The 83-year-old Tibetan spiritual leader told reporters that he had fully recovered, but that the illness had been “a little bit serious.” He did not give any details.

The Dalai Lama usually spends several months a year traveling the world to teach Buddhism and highlight Tibetans’ struggle for greater freedom in China. But he has cut down on his travels in the past year to take care of his health.

Source: Fox News World

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