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Trump Releases Statement On Crazy Bernie: ‘American People Will Reject’ Socialist Agenda

President Trump responded on Tuesday to Bernie Sanders’ announcement of a 2020 presidential bid by linking the socialist to the failed policies of Venezuela.

“Bernie Sanders has already won the debate in the Democrat primary, because every candidate is embracing his brand of socialism,” a statement released by National Press Secretary Kayleigh McEnany reads.

“But the American people will reject an agenda of sky-high rates, government-run health care and coddling dictators like those in Venezuela,” the statement adds. “Only President Trump will keep America free, prosperous and safe.”

On Tuesday Sanders, who was defeated by Hillary Clinton in the 2016 Democrat primary, sent out an email and video telling supporters he’s ready to revitalize the revolution that failed to defeat Trump in 2016.

“Together, you and I and our 2016 campaign began the political revolution. Now, it is time to complete that revolution and implement the vision that we fought for,” Sanders said.


Source: InfoWars

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Baez homers twice as Cubs rough up Rangers

MLB: Chicago Cubs at Texas Rangers
Mar 28, 2019; Arlington, TX, USA; Chicago Cubs shortstop Javier Baez (9) circles the bases after hitting a three-run home run in the fifth inning against the Texas Rangers at Globe Life Park in Arlington. Mandatory Credit: Ray Carlin-USA TODAY Sports

March 28, 2019

Javier Baez hit two homers and drove in four runs to lead the Chicago Cubs to a 12-4, season-opening win against the Texas Rangers on Thursday afternoon in Arlington, Texas.

Baez became the first Cubs player with a multi-homer game in the season opener since Corey Patterson in 2003.

David Bote, Jason Heyward and Albert Almora Jr. had two hits each, and Kris Bryant drove in two of his three runs with an eighth-inning homer for Chicago.

Cubs left-hander Jon Lester (1-0) went six innings, allowing two runs and four hits with three strikeouts and two walks.

Elvis Andrus and Nomar Mazara each hit two-run homers for the Rangers.

Texas left-hander Mike Minor (0-1) pitched 4 2/3 innings, allowing six runs and five hits with three strikeouts and two walks.

Minor breezed through the first 3 2/3 innings before giving up a solo home run to Baez with two outs in the fourth to cut Texas’ lead to 2-1.

Minor started Chicago’s six-run fifth by hitting Bote with a pitch. He then gave up a single to Ben Zobrist, moving the runner to third. Heyward drove in Bote with an infield single to second base to tie the score, and No. 9 hitter Mark Zagunis followed with a double to center, scoring Zobrist and putting runners on second and third.

After Almora fanned, Bryant’s groundout to short made it 4-2. Anthony Rizzo then walked to end Minor’s day. Jesse Chavez entered and gave up a three-run homer to Baez on his first pitch for a 7-2 lead.

The Cubs tacked on two more runs in the sixth, another in the seventh and two more in the eighth on the home run by Bryant.

Lester, who went 11-2 with a 2.87 ERA in road games last season to tie a career high for away wins, only faced trouble in the first and third innings, both after two were out.

After Texas’ Rougned Odor doubled down the right field line with two outs in the third, Andrus hit a two-run homer for a 2-0 lead.

–Field Level Media

Source: OANN

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U.S., China haggle over toughest issues in trade war talks

U.S.-China trade delegations hold trade talks at the White House in Washington
U.S. Trade Representative Robert Lighthizer (2ndL), Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross (Top-L) pose for a photograph with China's Vice Premier Liu He (2ndR), Chinese vice ministers and senior officials before the start of US-China trade talks at the White House in Washington, U.S., February 21, 2019. REUTERS/Joshua Roberts

February 22, 2019

By Jeff Mason and David Lawder

WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators haggled on Thursday over the details of a set of agreements aimed at ending their trade war, just one week before a Washington-imposed deadline for a deal expires and triggers higher U.S. tariffs.

Reuters reported exclusively on Wednesday that the two sides are starting to sketch out an agreement on structural issues, drafting language for six memorandums of understanding on proposed Chinese reforms.

If the two sides fail to reach an agreement by March 1, U.S. tariffs on $200 billion worth of Chinese imports are set to rise to 25 percent from 10 percent. Tit-for-tat tariffs between the world’s two largest economic powers have disrupted international trade and slowed the global economy since the trade war started seven months ago.

Negotiators have struggled this week to overcome differences on specific language to address tough U.S. demands for structural changes in China’s economy, two sources familiar with the talks said. The issues include an enforcement mechanism to ensure that China complies with any agreements.

“It’s not surprising that this week has been more challenging,” said an industry source familiar with the talks. “Once you move from putting together outlines to filling out the details, that is where things would naturally become more challenging.”

Chinese officials did not answer questions as they left the U.S. Trade Representative’s office on Thursday evening after more than nine hours of talks on Thursday.

The discussions began with a photo opportunity where U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He faced each other silently across a table in the Eisenhower Executive Office Building next door to the White House.

It was unclear whether Liu would meet with U.S. President Donald Trump after the scheduled end of talks on Friday, as they did during Liu’s last visit to Washington for talks in late January.

Trump, who has embraced an “America First” policy as part of an effort to rebalance global trade, has said the March 1 deadline could be extended if enough progress is made.

Sources familiar with the negotiations told Reuters the memorandums would cover forced technology transfer and cyber theft, intellectual property rights, services, currency, agriculture and non-tariff barriers to trade.

The two sides remain far apart on demands by Trump’s administration for China to end practices on those issues that led Trump to start levying duties on Chinese imports in the first place.

Chinese President Xi Jinping would need to undertake difficult structural economic reforms to meet U.S. demands. The United States is offering no real concessions in return, other than to remove the tariff barriers Trump has imposed to force change from China.

For a FACTBOX on issues covered by the MOUs, see

PEN TO PAPER

One of Trump’s demands that is easier to fix for Beijing is to reduce the trade imbalance between the two nations. The U.S. trade deficit with China reached a record $382 billion through the first 11 months of 2018.

The two sides have reached consensus on how to alleviate the trade imbalances, several Chinese government sources said. Washington and Beijing are looking at a 10-item list for that, including additional Chinese purchases of agricultural produce, energy and goods such as semiconductors.

U.S. Agriculture Secretary Sonny Perdue called China’s pledges to purchase U.S. agricultural produce premature.

“Those proposals are all contingent upon a grand deal,” he said on the sidelines of the U.S. Department of Agriculture’s annual forum in Washington.

“The real issue is structural reforms regarding intellectual property, enforceability of those types of provisions.”

The United States could quickly recover its lost agricultural markets in China if a deal is struck, he said.

Perdue has overseen $12 billion in federal aid to U.S. farmers for losses they have sustained because of the trade war. China had all but halted purchases of U.S. soybeans, which were the single biggest U.S. agricultural export, worth around $12 billion in 2017.

(Reporting by Jeff Mason and David Lawder; Additional reporting by Rajesh Kumar Singh, Humeyra Pamuk in Washington, Chris Prentice in New York and Michael Martina in Beijing; Editing by Simon Webb, Paul Simao and Richard Chang)

Source: OANN

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BI Poll: Americans Don't Know What Kushner, Ivanka Do

Sixty-seven percent of Americans are clueless about what Ivanka Trump and her husband Jared Kushner do for the Trump administration, according to a Business Insider poll published Tuesday.

Thirty-nine percent of respondents said they "definitely could not" describe their responsibilities, while 28 percent said they "probably could not" do so. Nineteen percent said they could "probably" or "definitely" not name their duties.

Ivanka Trump and Kushner are both unpaid advisers for President Donald Trump. Kushner leads the administration's initiative on a Middle East peace plan, while Ivanka Trump focuses on economic policy and issues affecting women and families.

Kushner has also helped in tackling the country's opioid epidemic.

Both helped Trump win his presidential campaign in 2016.

Kushner has been the target of intense criticism following The New York Times report that said the president ordered then-chief-of-staff John Kelly to grant his son-in-law a top security clearance despite concerns from senior administration officials.

Kushner's clearance was rejected twice by White House security analysts due to concerns about potential foreign influence.

Source: NewsMax America

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Hunger stalks Yemen’s remote villages after four years of war

The Wider Image: Hunger stalks Yemen's remote villages after four years of war
A nurse weighs Afaf Hussein, 10, who is malnourished, at the malnutrition treatment ward of al-Sabeen hospital in Sanaa, Yemen, January 31, 2019. REUTERS/Khaled Abdullah

March 21, 2019

HAJJAH PROVINCE, Yemen (Reuters) – As Yeman’s war grinds into its fifth year with peace efforts stalling, ten-year-old Afaf’s father sees little hope he will be able to give his starving daughter the food or healthcare she needs.

Across Yemen’s remote mountain villages, the country’s war-induced economic crisis has left parents like Hussein Abdu destitute, hungry and watching their children waste away from malnutrition and unclean water.

“Before the war we managed to get food because prices were acceptable and there was work,” 40-year-old Abdu said from al-Jaraib, a small agricultural village in the hills of Hajjah province in northwest Yemen.

“Now they have increased significantly and we rely on yoghurt and bread for nutrition.”

Four years of conflict have pushed Yemen, which was already one of the poorest Arab states, to the brink of famine. War has cut transport routes for aid, fuel and food, reduced imports and caused severe inflation. Households have lost their incomes because public sector wages are not being paid and conflict has forced people from their homes and jobs.

The United Nations says about 80 percent of the population needs some form of humanitarian assistance and two-thirds of all districts in the country are in a “pre-famine” state.

Afaf, who now weighs around 11 kg (24 lb) and is described by her doctor as “skin and bones”, has been left acutely malnourished by a limited diet during her growing years and suffering from hepatitis, likely caused by infected water. She left school two years ago because she got too weak.

“The meaning of being full is not what it was before the war … If I see some scraps of food are left, I get up so that the children will not be hungry. I can bear the hunger, but they can’t,” said Abdu, who lost one of his two wives, Afaf’s mother, earlier this year to tuberculosis.

With no other source of income to support his second wife and six children, he herds other people’s sheep and takes payment in milk products.

Recognizing the seriousness of Afaf’s condition, Abdu scraped together what resources he could to take his daughter on a long journey to health centers in the regional town of Aslam and then the capital Sanaa.

But the treatment these centers could offer was limited. Yemen’s healthcare system has collapsed and clinics supported by international donors are under severe strain.

After being diagnosed with hepatitis, severe malnutrition, water retention and a wheat allergy, Afaf was given a couple of weeks of care and sent back home in a crowded taxi with two weeks of intravenous medication and a special diet.

WATER SCARCE

“If Afaf returns to her house, the problems will inevitably increase,” said Makiah al-Aslami, a nurse and head of the acute malnutrition clinic in Aslam where Afaf received some of her treatment. “The water and the dwelling will have an effect on her health within two days.”

In water-scarce Yemen, with many parts of the country needing pumps to bring water to the surface, water prices have increased dramatically under years of fuel shortages.

In al-Jaraib, well water is available for free. Those who can afford to buy water from tankers which fill up from a pond 7 km (4 miles) from the village.

Abdu said Afaf is to eat only fruit and vegetables and no wheat products.

“By God, if I had anything at all I would have bought her vegetables and fruit but I have nothing,” Abdu said, adding that if his dire situation continues he wont be able to afford her diet or to transport to her one-month check up.

Back in her hillside village of brick and mud structures, where Abdu entertains his and neighboring children by wheeling them around in a wheelbarrow, a fragile Afaf placidly helps her family prepare a simple meal of rice, tomato and bread.

As the children dig into the food with their hands, Afaf alone puts a spoon into a tin of peas provided for her recovery.

Plagued by decades of instability, Yemen’s most recent conflict began in late 2014 when Houthi forces drove the government of President Abd-Rabbu Mansour Hadi out of the capital Sanaa. A Saudi-backed alliance of Yemeni and Arab forces then intervened in March 2015 to restore Hadi’s government.

The Iran-aligned Houthi movement, which says it is a revolution against corruption, controls Sanaa and most population centers.

The coalition led by Saudi Arabia and the United Arab Emirates is under increased Western pressure to end the war that has killed tens of thousands and sparked what the United Nations says is the world’s most urgent humanitarian crisis.

In December, the warring sides reached a deal at U.N.-led peace talks for a ceasefire and troop withdrawal from the main port city of Hodeidah on the Red Sea.

The truce has largely held but the withdrawal has stalled due to mistrust among the parties, risking U.N. efforts to hold further talks to agree a framework for political negotiations to end the war. Violence and displacement also continue in other parts of Yemen not subject to the truce.

In Abdu’s local market, around 6 km from al-Jaraib village in Houthi-controlled Hajjah province, men sell fruit, vegetables, grains and bags of ice hacked off a large block.

“A 5 kg bag of rice cost 1,500 Yemen rials ($2.6 at market exchange rates and $3.4 at central bank rates) before the war, and now costs 3,500 rials,” 45 year-old farmer Ali Ahmad al-Aslami said.

“A 20 kg bag of wheat used to be 6,000 and is now 9,000 rials. All prices have changed, even vegetables. A kilo of tomatoes, which was 100 rials, now costs 500.”

For a photo essay on hunger in Yemen, click on  https://reut.rs/2Y7lBtz

(Reporting by Reuters team in Sanaa and Hajjah Province, YemenWriting by Lisa Barrington)

Source: OANN

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Senior Pentagon adviser faulted, then reinstated

An investigation has substantiated two allegations of ethics violations by the top enlisted adviser to the Joint Chiefs chairman.

Even so, Army Command Sgt. Maj. John W. Troxell has been reinstated to his duties as senior enlisted adviser to Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff. Troxell was suspended last September, pending the investigation.

A statement by Dunford's office Thursday says Troxell was found to have made improper use of military personnel to conduct unofficial duties such as personal errands. He also made improper endorsements of commercial fitness and nutrition products on official Defense Department social media platforms.

Dunford said he nonetheless reinstated Troxell after weighing the gravity of his ethics violations against his record during 37 years of military service.

Source: Fox News National

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Texans Living Over 70 Miles North of Border Terrorized by Illegals, Cartels

Americans living roughly 75 miles north of the Mexican border are being terrorized by foreign gang members and illegal aliens, according to a resident of Encino, Texas, who says a border wall is needed to protect U.S. citizens.

A woman identified only as “Soila” told NBC affiliate KVEO that “hundreds” of illegal aliens pass through her neighborhood on any given day, while Mexican cartel members threaten her family and friends — and even attempt to invade her property.

“We no longer can go out without a gun; you can’t go for a walk,” Soila said. “My neighbor and his daughter were chased by men with masks. She was riding her 4-wheeler down 281 — they saw her and they jumped the fence and started chasing her.”

“Huge groups — and we’re not talking 10 or 15, we’re talking about 40, 70 — and the last few months it’s getting worse. They really need to go after the coyotes because we have seen so many abandoned families, women with children just left out there. These people are not educated — they don’t know east or west, they don’t know where the sun rises and sets. You ask them, ‘Have you ever seen a map of Texas?’ They don’t even know how big Texas is.”

Soila tells of multiple confrontations between her husband and gang members who use intimidation to silence and control opposition, adding that her neighbors are scared to call Border Patrol due to threats.

“12 young men dressed in black — my husband automatically stops, and they just put a finger to their lips and it’s like, ‘You better not say anything,’” Soila said. “They know what we drive, they know where we live.”

“There was a young man, [my husband] kept telling him to stop right at the gate, but he kept coming. My husband cocked the gun, and right on his left-hand side, 12-15 more pop out. They were trying to get in towards the house.”

Soila says a border wall is desperately needed, and that those who oppose it are foolish or protecting their short-term financial interests.

“Whoever tells you there is no danger out here and we don’t need the wall, they have no idea what they’re talking about,” she said. “They don’t care as long as the businesses keep thriving in McAllen or Brownsville.”



In this exclusive video, border patrol vans are seen pulling up to a Catholic respite center near McAllen, Texas, where a worker then warns that shooting video endangers the illegal aliens in the vans because they could be recognized and extorted by human traffickers or anybody they “borrowed money from.”

Dan Lyman:

Source: InfoWars

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
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)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
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)

Source: OANN

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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.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
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)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
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.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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