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South Korea’s Moon pushes for summit with North Korea’s Kim despite nuclear standoff

FILE PHOTO: U.S. President Trump welcomes South Korea’s President Moon to the White House in Washington
FILE PHOTO: South Korea’s President Moon Jae-in sits takes part in a meeting with U.S. President Donald Trump in the Oval Office at the White House in Washington, U.S., April 11, 2019. REUTERS/Carlos Barria

April 15, 2019

By Hyonhee Shin

SEOUL (Reuters) – South Korea’s President Moon Jae-in said on Monday he will pursue “in earnest” another summit with Kim Jong Un despite the North Korean leader’s recent criticism of Seoul’s self-proclaimed role as a mediator in stalled nuclear talks.

Moon has been eager to regain momentum in talks with North Korea since Kim’s second summit with U.S. President Donald Trump, in Vietnam in February, failed due to conflicting demands by Pyongyang for sanctions relief and by Washington for sweeping North Korean measures to abandon its nuclear program.

Kim said in a speech on Friday that he was willing to hold another summit with Trump if the United States changed its calculation and offered a “proper attitude and a methodology”, setting a year-end deadline.

While North Korea and the United States have been discussing the North’s denuclearization, U.S. ally South Korea has been taking steps to improve its ties with its old rival.

Moon and Kim have held three meetings over the past year, and Moon’s administration has been keen for a fourth, possibly to mark the anniversary of the first one on April 27.

Moon, who visited Washington to meet Trump last week, said Kim’s latest address “set the stage” for a fourth inter-Korean summit, which could be a “stepping stone for an even bigger opportunity and a more significant outcome”.

“Now is the time to begin the preparations in earnest,” Moon told a meeting with senior secretaries, noting that as soon as the North Koreans were ready, he was willing to meet Kim “regardless of venue and form”.

In his first public remarks since Kim’s address, Moon said he “very much welcomed” that speech, saying it showed Kim’s “unwavering” commitment toward denuclearization and the reopening of negotiations.

But Moon did not specifically respond to Kim’s criticism that South Korea was too subservient to the “anachronistic arrogance and hostile policy of the United States”, and that the South’s military persisted in “veiled hostility” by conducting exercises with U.S. forces.

Kim said South Korea should not “pose as a meddlesome ‘mediator’ and ‘facilitator'” between the North and the United States.

North Korea’s state media on Saturday issued a commentary criticizing South Korea’s purchase of fighter jets, including two recently delivered F-35A jets from the United States, calling it a “serious provocative act” that could intensify tension on the Korean peninsula.

However, Kim said he remained committed to improving relations with South Korea if it showed its “sincerity by practical action, not by words”.

Any significant improvement in ties between the two Koreas could depend on progress between North Korea and the United States on the North’s denuclearization and that looks doubtful, with neither side showing willingness to make concessions.

Trump emphasized during last week’s talks with Moon that he was willing to meet Kim again but would not lift sanctions until the North took meaningful steps to dismantle its nuclear programs.

(Reporting by Hyonhee Shin; Editing by Josh Smith and Robert Birsel)

Source: OANN

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Pope names moderate Gregory as Washington, DC, archbishop

Pope Francis has named Atlanta Archbishop Wilton Gregory as the new archbishop of Washington D.C., choosing a moderate, and the first African-American, to lead the archdiocese that has become the epicenter of the clergy sex abuse crisis in the U.S.

The 71-year-old Gregory replaces Cardinal Donald Wuerl, who resigned last year after being implicated in covering up abuse by a Pennsylvania grand jury report.

Gregory headed the U.S. bishops conference when it adopted a "zero-tolerance" abuse policy in 2002 to respond to the first wave of the scandal. He has run the Atlanta archdiocese since 2005 and is seen as a pastor very much in line with Francis' progressive vision of the church.

The Vatican on Thursday announced the appointment, which was first reported by Catholic News Agency.

Source: Fox News World

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The Latest: Jury to decide if man gets death in teen murder

The Latest on the fate of a Pennsylvania man who authorities say raped, murdered and dismembered his girlfriend's daughter (all times local):

10:45 a.m.

A hearing is underway to determine whether a Pennsylvania man who pleaded guilty in the 2016 rape, murder and dismemberment of his girlfriend's teenage daughter will get life or death.

The penalty phase of Jacob Sullivan's trial opened Friday outside Philadelphia. The 46-year-old pleaded guilty to all charges in the 2016 death of 14-year-old Grace Packer. A jury will hear testimony about Sullivan's crimes before deciding on a sentence of either life in prison or death.

Prosecutors have said Grace's adoptive mother, Sara Packer, watched Sullivan act out a rape-murder fantasy they shared. Sara Packer has agreed to plead guilty in the case in exchange for a life sentence.

Sullivan was Sara Packer's boyfriend. His attorneys plan to argue she masterminded the plot.

___

1:05 a.m.

A Pennsylvania jury will decide on life or death for a Pennsylvania man who pleaded guilty in the 2016 rape, murder and dismemberment of his girlfriend's teenage daughter.

Forty-six-year-old Jacob Sullivan pleaded guilty to all charges in the 2016 death of Grace Packer. The penalty phase of his trial opens Friday outside Philadelphia. A jury will hear testimony about Sullivan's crimes before deciding on a sentence of either life in prison or death.

Prosecutors have said that Grace's adoptive mother, Sara Packer, watched Sullivan act out a rape-murder fantasy they shared. Sara Packer has agreed to plead guilty in the case in exchange for a life sentence.

Sullivan was Sara Packer's boyfriend. His attorneys plan to argue that she masterminded the plot.

Source: Fox News National

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French retailer Casino sells assets to Apollo Global

FILE PHOTO: A logo of French retailer Casino is pictured outside a Casino supermarket in Nantes
FILE PHOTO: A logo of French retailer Casino is pictured outside a Casino supermarket in Nantes, France, July 20, 2017. REUTERS/Stephane Mahe/File Photo

April 22, 2019

PARIS (Reuters) – French retailer Casino said on Monday it agreed to sell a portfolio of 12 Casino hypermarkets and 20 supermarkets to U.S. asset management firm Apollo Global Management in a deal worth up to 470 million euros ($529.03 million).

Casino said the proposed transaction was to take place by the end of July, with 80 percent of the value of the assets expected to be paid for by then.

The company is in the process of selling assets in order to help cut its debts and ease concerns over the financial position of both Casino and its parent holding company Rallye.

Along with domestic peers such as Carrefour and Auchan, Casino faces intense price competition in its home market as well as challenges from online players such as Amazon.

Last month Casino raised its goal for the disposal of non-strategic assets to at least 2.5 billion euros by the first quarter of 2020.

(Reporting by Matthias Blamont, editing by Louise Heavens)

Source: OANN

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Venezuela’s PDVSA says oilfield power generator activated after blackouts

Cutouts depicting images of oil operations are seen outside a building of Venezuela's state oil company PDVSA in Caracas
FILE PHOTO: Cutouts depicting images of oil operations are seen outside a building of Venezuela's state oil company PDVSA in Caracas, Venezuela January 28, 2019. REUTERS/Carlos Garcia Rawlins

April 24, 2019

CARACAS (Reuters) – Venezuela’s state-run oil company PDVSA on Wednesday said it had activated a power generator that would allow for an increase in crude oil output, after a string of nationwide blackouts disrupted operations in the country’s heavy-crude oil Orinoco belt.

The company said in a statement the generator would add 10 megawatts of power to the electrical system in the Morichal district of the belt, allowing for an increase in output of Merey crude, Venezuela’s most common export grade.

PDVSA said the additional capacity would benefit the Petroindependencia joint venture, which is 34 percent owned by Chevron and allow for the reactivation of a pumping station for diluents, which are oil products that PDVSA needs to convert its extra-heavy oil into exportable grades.

The OPEC member nation’s output fell to under 1 million barrels per day (bpd) in March, a drop of almost 500,000 bpd from the prior month due to the blackouts and the impact of U.S. sanctions.

(Reporting by Luc Cohen, editing by G Crosse)

Source: OANN

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China’s CDH targets raising $1 billion in venture capital arm: sources

CDH Investments founding partner Wang Lin speaks during an interview with Reuters in Hong Kong
CDH Investments founding partner Wang Lin speaks during an interview with Reuters in Hong Kong, China November 15, 2018. Picture taken November 15, 2018. REUTERS/Bobby Yip

February 27, 2019

By Julie Zhu

HONG KONG (Reuters) – China’s CDH Investments is aiming to raise nearly $1 billion in dollar and yuan funds through its venture and growth capital arm to invest in sectors including healthcare and logistics, said people with direct knowledge of the matter.

The move by CDH, one of China’s largest alternative investment firms, underscores its confidence that investors are still keen on China’s fast-growing new-economy sectors despite its economic slowdown and tighter liquidity following Sino-U.S. trade tensions and Beijing’s war on debt.

CDH’s arm, CDH VGC, is in talks with prospective investors to raise a dollar-denominated fund of $500 million and looks to secure the first tranche of commitments by the first half of 2019, said one of the people.

It is also raising a yuan-denominated fund with a target size of about 3 billion yuan ($448 million), according to the person.

The dollar fund will complement its onshore investments by focusing on Chinese firms using overseas structures such as variable-interest entities, said another person.

CDH declined to comment. The people declined to be named as the capital raising plans were not public.

China-focused private equity and venture capital managers raised a combined $37 billion last year in dollar-denominated funds, slightly down from $40 billion in 2017, according to data provider Preqin.

Beijing-based CDH Investments, co-founded by chairman Wu Shangzhi and CEO Jiao Shuge in 2002 as one of China’s earliest private equity firms, is best known for its dealmaking in traditional industries such as consumption and manufacturing in the early years.

It now manages about $18 billion in assets and has been a major investor in the world’s largest pork supplier, WH Group, and leading appliance maker, Midea Group.

In 2015, it established CDH VGC in a bid to deepen its push into the country’s new-age sectors and build up its expertise in venture- and growth-stage investments. CDH VGC closed its first fund of $850 million in committed capital in December 2016.

FOCUS ON BIOTECHS

In an interview separate to the fundraising plans, CDH VGC’s founding partner Wang Lin said the first VGC fund invested more than $600 million in about 30 start-ups as of the end of 2018, with healthcare-related deals accounting for half of the spending.

Among them are HitGen Ltd, a biotech platform for early-stage drug discovery research based on its DNA-encoded libraries, and Elpiscience Biopharmaceuticals, a biotech firm that develops immunotherapies to fight cancer.

According to Wang, a focus on biotechs has been a key strand of the firm’s investment strategy as he sees immense potential for innovative drug developers in the world’s second-largest drug market.

CDH VGC is also looking for opportunities in other innovative and high-growth sectors, notably logistics and artificial intelligence.

Apart from being an early investor in China’s leading AI firm SenseTime Group, it has also backed domestic couriers including U.S.-listed ZTO Express, and new entrants Yimidida and Shansong Express.

“In industries such as logistics which are worth over 1 trillion yuan, there are quite a few young companies that have the potential to develop quickly into elephant-sized firms,” Wang said.

(Reporting by Julie Zhu; Editing by Muralikumar Anantharaman)

Source: OANN

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Ex-Trump lawyer Cohen’s emails were sought in mid-2017: filings

Former Trump personal attorney Cohen departs after House Intelligence Committee hearing on Capitol Hill in Washington
FILE PHOTO: Michael Cohen, the former personal attorney of U.S. President Donald Trump, talks to reporters as he departs after testifying before a closed House Intelligence Committee hearing on Capitol Hill in Washington, U.S., March 6, 2019. REUTERS/Jim Young


March 19, 2019

NEW YORK (Reuters) – Federal authorities sought warrants to investigate Michael Cohen’s email accounts in July 2017, nine months before the office and hotel room of U.S. President Donald Trump’s former personal lawyer were raided, according to documents made public on Tuesday.

Emails were sought by Special Counsel Robert Mueller’s office, which is probing Russia’s role in the 2016 U.S. presidential election, as well as by the FBI, dating back as far as June 2015, according to the documents.

The nearly 900 pages of documents provide new insights into the investigations into Cohen, who had been Trump’s personal lawyer and self-described fixer for more than a decade, and more detailed accounts of his financial dealings.

They were released after U.S. District Judge William Pauley in Manhattan on Monday ordered federal prosecutors to make redacted versions public, in response to requests by various news media organizations.

Cohen began cooperating with federal investigators soon after the April 2018 raids on his office and hotel room.

He eventually pleaded guilty to multiple crimes, including campaign finance violations in connection with payments of hush money to silence two women who claimed to have had sexual relationships with Trump.

The women included Stormy Daniels, a porn actress whose real name is Stephanie Clifford, who later sued Trump unsuccessfully to end her hush money agreement.

Cohen was sentenced in December to serve three years in prison. Since pleading guilty, he has publicly turned on Trump, telling a U.S. House of Representatives committee last month that his former boss was a “con man” and “cheat.”

Trump has denied having sexual relationships with the women, and said his campaign did not collude with Russia. Moscow has denied meddling in the 2016 election.

The filings showed how the FBI made extensive use of its access to Cohen’s Apple iCloud account, which allowed him to coordinate his work across several devices including an iPhone, iPad Mini and laptop.

They detailed how investigators believed money going to Cohen, including to his firm Essential Consultants, was for political consulting, including from international clients with issues pending before the Trump administration.

Among the payments Cohen was believed to have received was $600,000 from AT&T Inc for consulting about “political issues, including net neutrality, the merger between AT&T and Time Warner and tax reform,” and $583,333 from an investment firm controlled by Russian businessman Viktor Vekselberg.

FBI agents said they were able to locate where Cohen was staying by using internet protocol, or IP, addresses attached to those devices.

Much of the discussion about campaign finance issues was redacted.

(Reporting by Ginger Gibson, Anthony Lin, David Morgan and Andy Sullivan in Washington, and Jonathan Stempel in New York; editing by Jonathan Oatis)

Source: OANN

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Senior White House adviser Jared Kushner said Tuesday that a detailed plan for a merit-based immigration system will be presented to President Trump, giving priority to skilled immigrants rather than those with family ties to the U.S.

“I do believe that the president’s position on immigration has been maybe defined by his opponents by what he’s against as opposed to what he’s for,” Kushner said at the Time 100 Summit in New York City. “What I’ve done is I’ve tried to put together a very detailed proposal for him.”

KUSHNER: RUSSIA INVESTIGATION HAD ‘HARSHER IMPACT’ ON US THAN ELECTION MEDDLING

Kushner announced that the new immigration proposal, which Trump will receive this week or next, will resemble the point-based systems in Canada, Australia and New Zealand, and will unify people by ensuring strong wages and secure borders while protecting humanitarian values.

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term,” he said. “And my hope is we can really do something that unifies people around what we’re for on immigration.”

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term. And my hope is we can really do something that unifies people around what we’re for on immigration.”

— Jared Kushner

JARED KUSHNER RESPONDS AFTER HASAN MINHAJ CALLS OUT HIS TIES TO SAUDI PRINCE

Kushner denied in the same talk that he has clashed with White House staffer Stephen Miller, who’s seen as tougher on immigration than others, adding that the plan was concocted with the help of Miller and Kevin Hassett, chairman of the Council of Economic Advisers.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison,” Kushner joked, referring to the Israel-Palestine peace plan he’s working on.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison.”

— Jared Kushner

After the plan gets presented to Trump, it will likely undergo some changes and then he will decide when to proceed with it, Kushner said.

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“It’s very, very complicated, but it’s a very interesting issue, and if we can solve it, I do think it’s a critical component for America’s long-term competitive advantage,” he added.

The Associated Press contributed to this report.

Source: Fox News Politics

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

CLICK HERE TO GET THE FOX NEWS APP

The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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