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On the PBS NewsHour, New York Times columnist David Brooks is somehow expected to be identified as the conservative (or at least center-right) pundit, and he keeps sounding like a leftist instead. On Friday, he came out for reparations because “we’re in a make-or-break moment on race” due to “the election of Trump.”
DAVID BROOKS: “On reparations, I support them, but not for the reasons Joe Biden says. It’s not an act of guilt. It’s not an act of, we did something wrong. It’s a show of respect. It’s a show of respect for the injustices that minorities, members of the African-American community have suffered in our society for hundreds of years, not just slavery, but red-lining and all the way up to the president.”
“So we show respect, and we do it as an act of regard and as an act of resetting. And I have just come to the conclusion. I changed my mind about it, because the practicalities of doing it are really hard. But I changed my mind about it because it just feels like we’re in a make-or-break moment on race. The election of Trump, the atmosphere this has created has created a movement where aggressive gestures have to be taken to show that we’re all part of the same country.”
Elsewhere in the show, PBS produced an eight-minute segment on the Democrats discussing reparations — “40 acres and a Tesla” — and included an old 1975 quote from Joe Biden that expressed the classic opposing view on reparations: Why should today’s Americans pay for a 300-year-old injustice?
Candace Owens testified on capitol hill today about white nationalism and hate crimes. Owen breaks down how House Democrats were no match for her because she’s authentic and they are not.
Saudi Arabia's Crown Prince Mohammed bin Salman meets with Iraq's Prime Minister Adel Abdul Mahdi in Riyadh, Saudi Arabia April 17, 2019. Picture taken April 17, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS
April 18, 2019
BAGHDAD (Reuters) – Iraqi Prime Minister Adel Abdul Mahdi met with Saudi Arabia’s Crown Prince Mohammed bin Salman, his office said on Thursday, a day after his first official visit to the kingdom which has been wooing Baghdad to stem the influence of Tehran.
Abdul Mahdi’s meeting with the crown prince came after he met King Salman on Wednesday. His office said the leaders signed 13 agreements in areas such as trade, energy and political cooperation, without giving further details.
The premier has said Iraq would maintain strong ties with Iran, but also with the United States and regional neighbors, many of which, like Saudi Arabia, consider Tehran a foe.
Abdul Mahdi went to Riyadh with a large delegation including officials and businessmen, with trade billed as a prime focus of the discussions between OPEC’s two largest oil producers.
The countries had historically been at loggerheads since the Iraqi invasion of Kuwait in 1990 but have recently undertaken a diplomatic push to improve ties.
Earlier this month, Saudi Arabia reopened a consulate in Baghdad which had been closed for 30 years. King Salman also announced his country would provide Iraq $1 billon to build sport facilities, an announcement which kicked of a two-day visit to Iraq by high-level Saudi officials.
U.S. intelligence agencies believe Crown Prince Mohammed, who many consider the de facto ruler of the kingdom, ordered an operation to kill journalist Jamal Khashoggi last year. Riyadh denies the prince had any involvement in the murder.
During his visit to Tehran, Abdul Mahdi met with President Hassan Rouhani and Supreme Leader Ayatollah Ali Khamenei. Many of Iraq’s leaders, from its Shi’ite majority, have close ties with Iran, the main Shi’ite power in the Middle East.
(Reporting by Ahmed Aboulenein; Editing by Raissa Kasolowsky)
Brazilian physicist and astronomer Marcelo Gleiser, the winner of the $1.4 million 2019 Templeton Prize for his work blending science and spirituality, is shown in Hanover, New Hampshire, U.S., February 27, 2019. Eli Burakian/Dartmouth College/Handout via REUTERS
March 19, 2019
(Reuters) – Brazilian physicist and astronomer Marcelo Gleiser has been awarded the 2019 Templeton Prize, worth $1.4 million, for his work blending science and spirituality.
Gleiser, 60, is the first Latin American to win the award which honors “a living person who has made an exceptional contribution to affirming life’s spiritual dimension,” the U.S.-based John Templeton Foundation said in a statement on Tuesday.
A professor at Dartmouth College, New Hampshire, Gleiser has written best-selling books and appeared on numerous TV and radio shows, discussing science as a spiritual quest to understand the origins of the universe and life on Earth.
Previous winners of the award, started in 1972 by late global investor Sir John Templeton, include the Dalai Lama and Mother Teresa. In 2018, it was won by King Abdullah II of Jordan.
“I will work harder than ever to spread my message of global unity and planetary awareness to a wider audience,” Gleiser said in a statement on the award issued by Dartmouth.
Gleiser studies the interface between what he calls the “physics of the very large” and “the physics of the very small” to reconstruct the beginning of the universe, Dartmouth said.
As well as researching the origins of life on Earth, he also delves into the possibility of life beyond the planet, the U.S. college said.
Gleiser was born in Rio de Janeiro to an influential family in the city’s Jewish community and educated in Brazil and Britain, said the foundation, which promotes dialogue and research on issues ranging from evolution to forgiveness. He joined Dartmouth’s physics and astronomy department in 1991, the college said.
(Reporting by Andrew Hay in New Mexico; editing by Rosalba O’Brien)
Bill Richardson, former US ambassador to the United Nations, said Friday he does not support the idea of a third summit with North Korea but instead backs the idea of a series of smaller deals with Pyongyang over its nuclear intentions.
"I believe right now that a summit with Kim Jong Un would not be a good idea," Richardson told America's Newsroom.
President Trump on Thursday said he would be open to a third meeting with the North Korean leader despite their last summit abruptly ending six weeks ago in Vietnam, producing no breakthrough. Speaking before an Oval Office meeting with South Korean President Moon Jae-in on Thursday, Trump seemed to open the door to a series of smaller negotiations with North Korea.
“There are various smaller deals that maybe could happen,” Trump said. “Things could happen. You can work out step-by-step pieces, but at this moment we are talking about the big deal. The big deal is we have to get rid of the nuclear weapons.”
Trump stopped short of saying he'd ease sanctions on North Korea but also said he'd decided not to impose additional penalties on the Asian country, a testament he says to his relationship with the North Korean dictator.
But Richardson believes that smaller deals would show "flexibility on both sides."
"Maybe North Korea freezes its nuclear missile development or activity, shuts down that Yongbyon nuclear facility and in return the United States has some sanctions relief because both sides are really far apart," Richardson said. "North Korea wants all sanctions relief on everything - we can't do that. And we want North Korea to totally denuclearize... that's not going to happen, so something in between."
Richardson adds that Trump should leave the deal-making to professional negotiators or the State Department.
South Korea has also come out in recent days and said that the breakdown in talks in Vietnam should not be seen as a failure but as the catalyst to a bigger and better deal between North Korea and the U.S. South Korea, which is right in the line of fire of North Korea, has also been pushing for a third summit.
"(South Korean President Moon Jae-in) wants a deal between the U.S. and North Korea because it's good politically for him... it's good for his country," Richardson said. "In some ways... he's pushed us a little too far to make deals when we have to coordinate better."
An anti-Brexit protester waves flags outside the Houses of Parliament in London, Britain, March 27, 2019. REUTERS/Dylan Martinez TPX IMAGES OF THE DAY
March 27, 2019
By Andrew MacAskill and Andrew R.C. Marshall
LONDON (Reuters) – Robert Unbranded stands out from other protesters outside the British parliament, and not just because of his red jumpsuit, wild hair and unusual surname.
In a public space otherwise dominated by vocal supporters and opponents of Brexit, Unbranded carries signs protesting the impact of plastic bags on the environment.
“Many people tell me that my protest is more important,” he says, then nods toward parliament. “But everyone is focused on the guff in there.”
That focus was intense on Wednesday as Prime Minister Theresa May vowed to quit in return for parliament passing her EU divorce deal at the third attempt, and lawmakers discussed last-ditch options to break the Brexit deadlock.
Outside, veteran pro- and anti-EU protesters with flags and placards took up well-worn positions on nearby pavements and squares, their rivalry and modest numbers reflecting how Brexit has both divided and exhausted the nation.
Only 7 percent of Brits recently surveyed by NatCen Social Research said the government had handled Britain’s exit from the EU well, with those who voted Leave and Remain almost equally dismayed.
An earlier poll by Ipsos Mori ranked politicians as Britain’s least trusted profession after advertising executives.
Protesters at parliament were also united by a low confidence in British lawmakers’ chances of finding a way out of the Brexit mess.
“If they’re just going to quibble among themselves, we’re not going to get anywhere,” said George Cowie, a retired soldier standing with other anti-EU protesters near the MPs’ entrance to parliament.
He called May’s deal with the EU “appalling” and wanted her replaced by someone who could come up with a better one.
Rival protester Ruth Fryer, a retired teacher wearing a “We Still Love EU” badge, was also despairing.
“My biggest hope is that MPs do what they’re paid to do, which is to put the national interest first and stop Brexit,” she said.
Now scaffold-clad and undergoing renovations, the parliamentary building is for some people a metaphor for a feeble legislature that is unable to fix the country’s Brexit woes and feels remote from normal life.
The debate on Wednesday initially seemed to confirm this, with one lawmaker mocking another over the posh private schools they both attended.
Others articulated what was at stake just two days before Britain was originally due to leave the European Union.
“The government still do not have a plan B. It is incredible, to say the least,” said Jim Cunningham of the opposition Labour Party.
SUBDUED PROTESTERS
Some politicians complained that the atmosphere outside parliament had become ugly and intimidating. But on Wednesday at least, protesters were subdued and few.
Most Brexit supporters clustered by the MPs’ entrance to shout or wave signs at passing politicians.
Boris Johnson, the former foreign minister and leading Brexiteer, arrived by bicycle, dismounting to negotiate a scrum of photographers. May swept through soon after in an armored Jaguar led by police outriders.
Most EU supporters gathered at the other end of the Palace of Westminster, where the national and global media have set up makeshift studios. One supporter introduced himself as “David Palk, the flag man.”
Palk, a semi-retired gardener, held a retractable flag pole as high as a house that allowed his EU flag to appear in the backdrop of television broadcasts.
“This mess has made abundantly clear that our current parliament is not fit for purpose,” he said.
He began to elaborate but was drowned out by the operatic aria Nessun Dorma, played at full volume by a fellow Remainer circling the area in a silver Rolls Royce.
Maureen, a company secretary, said she was protesting to persuade lawmakers to deliver Brexit, but had given up trying to change the opinions of ordinary people.
“The debate is more rancorous now than it was in the run-up to the (2016) referendum,” she said, declining to give her surname. “People’s views are so entrenched.”
She described Britain as a stable country, then corrected herself. “Take that back. We were a stable country. This is making us a laughing stock.”
(Reporting by Andrew MacAskill and Andrew R.C. Marshall; additional reporting by Rachel Cordery; editing by Stephen Addison)
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee
April 26, 2019
By Ryan Woo
LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.
But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.
The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.
LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.
Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.
“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.
In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.
A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.
No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.
The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.
“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.
“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.
Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.
That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.
(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)
NEED FOR CASH
LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.
The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.
After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.
Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.
That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.
“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.
FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.
Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.
Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.
But it’s still a high-risk business, and one unsuccessful launch might kill a company.
“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.
Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.
Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.
In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.
STATE COMPETITION
China’s state defense contractors are also trying to get into the low-cost market.
In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.
The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.
In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.
The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.
At least 35 private Chinese companies are working to produce more satellites.
Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.
The company has only launched 12 on state-produced rockets since the company started operating in early 2016.
“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.
(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay
April 26, 2019
By Patricia Weiss and Ludwig Burger
BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.
Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.
Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.
A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.
“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.
About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.
Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.
Bayer is appealing or plans to appeal the verdicts.
Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.
“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.
He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.
Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.
Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.
Baumann said Bayer’s true value was not reflected in the current share price.
“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.
This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.
(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)
KHARTOUM, Sudan – Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.
The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.
The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.
Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.
The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.
The army toppled and arrested al-Bashir on April 11.
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic
April 26, 2019
By Charlotte Greenfield
WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.
Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.
Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.
In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.
“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.
Spark said it has noted the developments in Britain and would raise it with the GCSB.
The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.
“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.
New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.
British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.
He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.
The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University
He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.
“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.
(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann
April 26, 2019
(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.
Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.
On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.
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