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Vote count confirms comic’s lead in Ukraine elections

Candidate Zelenskiy speaks following the announcement of the first exit poll in Ukraine's presidential election in Kiev
Ukrainian comic actor and presidential candidate Volodymyr Zelenskiy flashes a victory sign following the announcement of the first exit poll in a presidential election at his campaign headquarters in Kiev, Ukraine March 31, 2019. REUTERS/Valentyn Ogirenko

April 1, 2019

By Matthias Williams, Pavel Polityuk, Polina Ivanova and Natalia Zinets

KIEV (Reuters) – A comedian with no political experience raced ahead in the first round of Ukraine’s presidential election on Sunday, offering a fresh face to voters fed up with entrenched corruption in a country on the frontline of the West’s standoff with Russia.

With over half of all ballots counted by Monday morning, 41-year-old Volodymyr Zelenskiy, who plays a fictional president in a popular TV series, held a comfortable lead over incumbent President Petro Poroshenko in a vote deemed largely free and fair by the national electoral commission.

A crowded field of 39 candidates has now shrunk to just two, with Zelenskiy and Poroshenko set to go head-to-head in a second round run-off on April 21.

Propelled by his anti-establishment appeal, newcomer Zelenskiy must convince voters he is fit to lead a country that has been at war ever since protests in 2014 ejected a pro-Kremlin government and Russia annexed the Crimean peninsula.

He has been criticized for being an unknown quantity and light on policy detail, and his victory speech on Sunday provided little further insight into what he would do if handed the top job in the second round vote.

Both Zelenskiy and Poroshenko face firmly west, and neither wants to move Ukraine back into Russia’s orbit. But investors are also keen to see if the next president would push reforms required to keep the country in an International Monetary Fund bailout program that has supported Ukraine through war, sharp recession and a currency plunge.

With 50.4 percent of ballots counted by 09:00 (06:00 GMT) on Monday, Zelenskiy held 30.2 percent of the vote, the Central Election Commission said.

The result is a powerful challenge to the veteran politician Poroshenko, at 16.6 percent, and former Prime Minister Yulia Tymoshenko, who trailed in third place with 13.1 percent.

LAID-BACK STYLE

“I would like to say ‘thank you’ to all the Ukrainians who did not vote just for fun,” Zelenskiy told cheering supporters on Sunday. “It is only the beginning, we will not relax.”

In keeping with the laid-back style of his campaign, Zelenskiy’s election night venue provided a bar with free alcohol, table football and table tennis games.

Poroshenko called the result a “severe lesson”, especially from younger voters, and urged their support in a second round.

“You see changes in the country, but want them to be quicker, deeper and of higher quality. I have understood the motives behind your protest,” he said.

Poroshenko sought to portray Zelenskiy as unfit to represent Ukraine abroad, especially when taking on Russian President Vladimir Putin in international talks.

Putin “dreams of a soft, pliant, tender, giggling, inexperienced, weak, ideologically amorphous and politically undecided president of Ukraine. Are we really going to give him that opportunity?” Poroshenko said.

Poroshenko said the vote was free and met international standards. Tymoshenko said at a news conference she might yet challenge the result, adding that her team’s exit polling put her in second place.

Stuart Culverhouse, head of sovereign and fixed-income research at investment bank Exotix, said Zelenskiy had tried to present himself more professionally by meeting business leaders and talking of orthodox economic policies.

“That said, if the exit polls are confirmed in the official vote count, we would expect Zelenskiy to be put under greater pressure in the run-up to the second round to flesh out his policy agenda,” he said.

Poroshenko has fought to integrate the country with the European Union and NATO, while strengthening the military that is fighting Kremlin-backed separatists in Ukraine’s east.

Voting was a snapshot of Ukraine’s recent history. Soldiers lined up to vote in makeshift polling stations in the east.

Voters formed long lines outside polling stations in neighboring EU member Poland, where between one and two million Ukrainians have moved, many in search of jobs and higher wages.

Pushing the use of the Ukrainian language and instrumental in establishing a new independent Orthodox church, confectionary magnate Poroshenko, 53, has cast himself as the man to prevent Ukraine again becoming a Russian vassal state.

But reforms to keep foreign aid flowing have been patchy. Conflict in the eastern Donbass region has killed 13,000 people in five years and rumbles on despite Poroshenko’s promise to end it within weeks. Frustration over low living standards and pervasive corruption has left the door open for Zelenskiy.

The majority of voters in separatist-held eastern Ukraine and Crimea were unlikely to take part in the election as they needed to undergo a special registration process on Ukraine-controlled territory.

ANTI-ESTABLISHMENT

But Crimean residents who kept Ukrainian citizenship after the Russian annexation crossed the land border to mainland Ukraine, from where buses took them to polling stations.

Just 9 percent of Ukrainians have confidence in their national government, the lowest of any electorate in the world, a Gallup poll published in March showed.

Zelenskiy has tapped into this anti-establishment mood, although his inexperience makes Western officials and foreign investors wary.

His campaign has relied heavily on social media and comedy gigs of jokes, sketches and song-and-dance routines that poke fun at his political rivals.

Zelenskiy’s campaign blurred the line between reality and the TV series in which he plays a scrupulously honest history teacher who accidentally becomes president.

“He embodies the perceived need for ‘new faces’ in politics and could sway the young, pro-reform electorate to his side,” said Economist Intelligence Unit analyst Agnese Ortolani.

(Reporting by Matthias Williams, Natalia Zinets, Pavel Polityuk and Polina Ivanova; Writing by Matthias Williams and Polina Ivanova; Editing by William Maclean)

Source: OANN

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Futures higher on trade optimism; inflation data awaited

Traders work on the floor at the NYSE in New York
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid

March 29, 2019

By Shreyashi Sanyal

(Reuters) – U.S. stock index futures rose on Friday, the last trading day of the quarter, as the latest round of U.S.-China trade talks ended on a positive note and investors awaited inflation data.

U.S. Treasury Secretary Steven Mnuchin said he held “constructive” talks in Beijing, concluding the latest round of dialogue, which will be followed by a round in Washington next week.

Meanwhile, the benchmark 10-year Treasury yields has been inching higher after coming off its 15-month lows in the previous session as investors start adjusting to the dovish move by the global central banks.

Wall Street was rattled by fears of economic growth after the Federal Reserve abandoned projections for any interest rate hikes in 2019 and the U.S. Treasury yield curve inverted for the first time since 2007 last week.

Still, the benchmark S&P 500 index was set to post its best quarterly gain since September 2009.

The yield curve between three-month bills and 10-year notes remains inverted, and if it persists, it could indicate a recession is likely in one to two years. [US/]

A gradual rise in 10-year Treasury yields has lifted the shares of big lenders in premarket trading. JPMorgan Chase & Co, Bank of America and Goldman Sachs rose between 0.8 percent and 1 percent. For further clues on inflation, investors will keep a close watch on the Commerce Department’s personal consumption expenditures (PCE) price index, the Fed’s preferred inflation gauge.

The report, due at 8:30 a.m. ET, will likely show consumer spending remained flat in January from the previous month.

At 7:15 a.m. ET, Dow e-minis were up 107 points, or 0.42 percent. S&P 500 e-minis were up 11.5 points, or 0.41 percent and Nasdaq 100 e-minis were up 34 points, or 0.46 percent.

GDP data on Thursday showed the domestic economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the 3 percent annual target, and corporate profits failed to rise for the first time in more than two years.

Wells Fargo was up 2 percent after it said Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal.

Gilead Science rose 2.8 percent after the drugmaker’s Belgian partner Galapagos said it had seen positive results from several trials of its arthritis drug.

DowDuPont fell 1.6 percent after two brokerages cut their price targets for the chemical company’s stock, citing bad weather and margin pressures.

A separate report at 10 a.m. ET, is expected to show new home sales having grown to 620,000 units in February, up from 607,000 units in January.

(Reporting by Shreyashi Sanyal and Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

Source: OANN

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GM CEO will not appear before Canada legislators on plant closure

FILE PHOTO: GM CEO Barra speaks at press conference at the North American International Auto Show in Detroit
FILE PHOTO: General Motors Chairman and CEO Mary Barra speaks at GM's press conference at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo

February 21, 2019

By Susan Taylor

TORONTO (Reuters) – General Motors Co Chief Executive Mary Barra will not come before Canadian legislators to answer questions about the automaker’s future in the country, but lower-ranking executives will appear, a lawmaker said on Thursday.

GM said in November it would close its Oshawa, Ontario, assembly plant by year-end, part of a broad restructuring affecting four other plants in the United States, as it cuts costs and invests in electric and self-driving vehicles.

Last month, the Canadian Parliament’s Standing Committee on Industry, Science and Technology approved Vice Chairman Brian Masse’s request for Barra to “explain GM’s future and continued commitment to the Canadian automotive and manufacturing industry.”

Barra’s “complex schedule wouldn’t allow her to be there in a reasonable period of time,” said GM spokesman David Paterson. He added that two “subject matter experts” – GM Canada President Travis Hester and Vice President of North American Manufacturing Gerald Johnson – would likely appear before the committee in March.

Masse, a member of the opposition New Democrats, said it was frustrating that Barra would not attend because she is the “principal strategist” behind GM’s restructuring and could explain why Oshawa did not merit investment.

“We need to understand the future jobs and commitment of General Motors because we need to better understand how we fit in their global operations,” Masse said.

Canada’s auto union, which represents 2,600 assembly line workers in Oshawa and 1,800 workers at plants supplying the operation, has waged a high-profile campaign aimed at convincing GM to keep the plant open until September 2020, when the current collective agreement ends.

GM Canada has said repeatedly it will not change its business decision.

An Ontario Labour Relations Board hearing on Thursday reviewed an application by GM to halt “unlawful strike activity.” A decision was expected shortly.

(Reporting by Susan Taylor; Editing by Peter Cooney)

Source: OANN

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Indiana elementary school pilots program that packages unused food into take-home meals

An elementary school in South Bend, Indiana has reportedly partnered with a local non-profit organization, Cultivate, to package left-over cafeteria food into take-home meals for underprivileged students.

Elkhart School System's Woodland Elementary students are reportedly offered breakfast and lunch at school, but some may go hungry on weekends when they can’t visit the cafeteria. Cultivate will provide 20 select students with a backpack carrying eight individual frozen meals every Friday until summer break.

GEORGIA ELEMENTARY SCHOOL CELEBRATES JANITOR’S 80TH BIRTHDAY

Jim Conklin, the founder of Cultivate, explained how schools usually cook more food than is actually consumed each school day. Cultivate, therefore, repackages the left-over food to feed those who might otherwise miss a meal.

“Mostly, we rescue food that’s been made but never served by catering companies, large food service businesses, like the school system," Jim Conklin told WSBT. "We take well-prepared food, combine it with other food and make individual frozen meals out if it."

“At Elkhart Community Schools, we were wasting a lot of food," admitted Natalie Bickel, who works with student services. "There wasn't anything to do with the food. So they came to the school three times a week and rescued the food."

CLICK HERE FOR THE FOX NEWS APP

The Chamber of Commerce’s Leadership Academy Commerce also reportedly played a role in bringing Cultivate to Woodland Elementary.

“It’s making a big impact,” Melissa Ramey, a member of the Chamber Leadership Academy, told WSBT. “I am proud of that. It was heartbreaking to hear that children go home on the weekends and that they don't have anything to eat.”

Elkhart School System is reportedly working to expand the repackaged food program to other schools to help children in need.

Source: Fox News National

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Groom accused of assaulting wedding waitress to stand trial

A judge has ruled that a groom can go to trial on charges he forced himself on a teenage waitress at his wedding reception.

Matthew Aimers, of Willingboro, New Jersey, arrived at court Thursday in Bucks County, Pennsylvania, with his new wife at his side.

The judge upheld all charges, including indecent assault, indecent exposure, imprisonment of a minor and related offenses in the November conflict at the Northampton Valley Country Club in Richboro.

Aimers' attorney, Louis Busico, says his client "denies and rejects" the accusations by the waitress, who is now 18. He says Aimers' wife, Kayla, "150 percent supports him."

An affidavit says the waitress had spurned Aimers' advances during the reception. Police allege he followed her into a bathroom and sexually assaulted her. He was taken from the hall in handcuffs after a drunken brawl.

The Philadelphia Inquirer reports that the accuser testified Thursday and that spectators were removed from the courtroom.

Source: Fox News National

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Exclusive: Trump eager for trade deal with post-Brexit Britain – Bolton to Reuters TV

FILE PHOTO - White House national security adviser Bolton attends Trump-Rosales meeting at the White House in Washington
FILE PHOTO - White House national security adviser John Bolton attends a meeting between U.S. President Donald Trump and Fabiana Rosales, wife of Venezuelan opposition leader Juan Guaido, at the White House in Washington, U.S., March 27, 2019. REUTERS/Jonathan Ernst

March 29, 2019

WASHINGTON (Reuters) – White House national security adviser John Bolton said on Friday that President Donald Trump is eager for a U.S. trade deal with Britain once it breaks away from the European Union.

“President Trump remains very eager to cut a bilateral trade deal with an independent Britain. It’s what the people voted for in 2016, and when they get out, whether it’s now, April 12 or later, we’ll be standing right there waiting for them,” Bolton said in an interview with Reuters Television.

(Reporting by Steve Holland; Editing by Leslie Adler)

Source: OANN

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HarrisX Poll: Majority of Voters Open To Second Trump Term

A majority of registered voters say they’re open to giving President Donald Trump a second term — with almost a quarter of them citing the economy as their reason, a new poll showed Monday.

In the HarrisX survey conducted for The Hill, 54 percent said they’d think about about voting for Trump; 46 percent said they wouldn’t even consider casting a ballot for Trump.

The economy will figure prominently in voters’ decision, according to the poll; 22 percent of those saying they could vote for Trump cited the economy as their primary reason.

"Clearly the economy is always the issue in every presidential election," GOP pollster Ed Goeas told Hill.TV. "Because that's what it always is. Jobs, the economy, taxes. Basically, do people feel their lives are doing better economically than when that president went in?"

The margin of error in the poll — which was conducted before a summary of special counsel Robert Mueller’s investigation was released — is plus or minus 3.1 percent.

Here’s some other findings:

  • 95 percent of respondents who said they voted for Trump in 2016 said they’d do it again in 2020.
  • 76 percent of 2016 Hillary Clinton voters said they would "never" vote for Trump; 24 percent said they’d at least consider it.
  • 65 percent of respondents who didn’t vote in 2016 said they’d never vote for Trump; 35 percent said they could do so.

Source: NewsMax Politics

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FILE PHOTO: Customers shop in a Sainsbury's store in Redhill
FILE PHOTO: Customers shop in a Sainsbury’s store in Redhill, Britain, March 27, 2018. REUTERS/Peter Nicholls/File Photo

April 26, 2019

By James Davey

LONDON (Reuters) – With Sainsbury’s dream of creating Britain’s biggest supermarket group in tatters, its chastened CEO Mike Coupe needs to reassure investors he has the plan to arrest a sales decline when he presents annual results next week.

Britain’s competition regulator blocked Sainsbury’s 7.3 billion pound ($9.4 billion) takeover of Walmart’s Asda on Thursday, saying the deal would increase prices. Sainsbury’s shares fell 5 percent and are down 22 percent over the last three months.

For Sainsbury’s fourth quarter to March 9 analysts are on average forecasting a 1.6 percent fall in like-for-like sales, which would follow 1.1 percent decline over the Christmas period.

Monthly industry data from researcher Kantar has also shown Sainsbury’s as the weakest performer of the big four grocers this year and this month it lost its status as Britain’s No. 2 supermarket group by market share to Asda.

While Sainsbury’s has struggled, market leader Tesco has gained momentum, this month reporting a 34 percent jump in full year profit.

Prohibition of the deal was a major blow to Coupe, its architect and Sainsbury’s boss since 2014.

Martin Scicluna became Sainsbury’s chairman last month and when bedded-in may decide that if the group needs a major shake-up it is best carried out by a new leader.

Much will depend on the attitude of 22 percent shareholder the Qatar Investment Authority, which has so far declined to comment, as well as Coupe’s own appetite to continue after 15 years at the group.

THE RIGHT STRATEGY?

Coupe said on Thursday he was confident Sainsbury’s was pursuing the right strategy.

That was a clear indication that Wednesday’s results statement will not include radical changes to the group’s plans, such as a big margin reset — sacrificing profit to drive sales.

However, sources connected to Sainsbury’s said Coupe would likely acknowledge that more needs to be done on prices, so the supermarket business can better compete with its big four rivals – Tesco, Asda and No. 4 Morrisons – as well as German-owned discounters Aldi and Lidl.

Coupe’s strategy is based on differentiating Sainsbury’s food offer, growing its general merchandise, clothing business and bank, while investing in convenience and online channels.

Some analysts believe major change is needed.

HSBC analyst David McCarthy reckons Sainsbury’s needs a margin reset, should allocate more space for core lines and needs to drive better store standards. He said Sainsbury’s might consider closing down space in some of its larger stores and reducing its non-food offer.

For the full 2018-19 year analysts are on average forecasting a pretax profit of 626 million pounds, up from 589 million pounds in 2017-18 – a second straight year of profit growth. A full year dividend of 10.5 pence per share is forecast versus 10.2 pence last time.

Bank and lawyer fees related to the proposed combination with Asda were 17 million pounds in the first half and have reportedly jumped to around 50 million pounds.

(Reporting by James Davey; Editing by Keith Weir)

Source: OANN

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FILE PHOTO: FILE PHOTO: A Canadian dollar coin commonly known as the
FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, Ontario, Canada, January 23, 2015. REUTERS/Mark Blinch/File Photo/File Photo

April 26, 2019

OTTAWA (Reuters) – Canada posted a budget surplus in the first 11 months of the 2018/19 fiscal year compared to a deficit the year earlier as revenues increased mostly on higher tax incomes, the finance department said on Friday.

The surplus for April-February was C$3.1 billion, compared to a deficit of C$6 billion in the same 2017/18 period. Revenues climbed by 8.5 percent, mainly due to higher tax receipts, while program expenses rose by 4.8 percent.

The surplus for February was C$4.3 billion compared with C$2.8 billion in February 2018. Revenues jumped by 12.2 percent while program expenses posted a more modest 6.9 percent gain.

Last month, the Liberals unveiled their new budget, projecting a C$14.9 billion deficit in 2018/19, with the deficit rising to C$19.8 billion in fiscal 2019/20.

(Reporting by Julie Gordon in Ottawa; Editing by Chizu Nomiyama)

Source: OANN

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President Trump said Friday he would beat Joe Biden “easily” in the 2020 presidential election, suggesting the former vice president could not have enough “energy” to hold the post—taking an apparent swipe at his age.

The president, departing the White House, was asked about Biden’s entrance into the Democratic primary field. Biden announced his presidential bid early Thursday morning, marking his third attempt at the White House.

JOE BIDEN OFFICIALLY LAUNCHES 2020 PRESIDENTIAL BID

“I think we’d beat him easily,” Trump told reporters Friday.

Trump, 72, said he feels “young” and is ready for 2020, and another term for his administration.

“I feel like a young man. I am a young, vibrant man,” Trump said. “I look at Joe, I don’t know about him.”

The president’s comments seemingly were a shot at the age of Biden, who is 76.

BIDEN ENTERS WHITE HOUSE RACE WITHOUT OBAMA’S ENDORSEMENT

“I would never say anyone’s too old,” Trump said. “I know they’re all making me look very young both in terms of age and in terms of energy.”

Biden became the 20th candidate to join the crowded Democratic primary field Thursday. But Biden is not the oldest in the pack. Sen. Bernie Sanders, I-Vt., is 77 and Sen. Elizabeth Warren, D-Mass., is 69.

Should Trump be re-elected, he would be 74 on Jan. 20, 2021—Inauguration Day. Should the presidency go to one of the elder Democrats in the field—Biden would be 78; Sanders would be 79; and Warren would be 71.

Meanwhile, in a wide-ranging interview on “Hannity” Thursday night, Trump dismissed Biden’s candidacy, nicknaming him “Sleepy Joe,” and saying he’s “not the brightest bulb.” Trump also said that while the former vice president has name recognition, he won’t “be able to do the job.”

Source: Fox News Politics

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Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas
Venezuela’s Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela April 8, 2019. REUTERS/Manaure Quintero

April 26, 2019

WASHINGTON (Reuters) – The U.S. Treasury Department on Friday imposed sanctions on Venezuela’s foreign minister and a Venezuelan judge, according to a statement on the department’s website.

Foreign Minister Jorge Arreaza and a judge, Carol Padilla, were targeted over the ongoing crisis in Venezuela, the Treasury Department said, the latest in a list of officials blacklisted by U.S. authorities for their role in President Nicolas Maduro’s government.

(Reporting by Susan Heavey, Makini Brice and Lesley Wroughton; Editing by Chizu Nomiyama)

Source: OANN

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Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

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