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Nano Dimension sees sharp growth on increasing demand for 3D printing

Israeli company Nano Dimension CEO Amit Dror and Chairman Avi Reichental, pose for a picture next to the company logo during an interview with Reuters in Ness Tziona, Israel
Israeli company Nano Dimension CEO Amit Dror and Chairman Avi Reichental, pose for a picture next to the company logo during an interview with Reuters in Ness Tziona, Israel April 15, 2019. REUTERS/Steven Scheer

April 15, 2019

By Steven Scheer

NESS ZIONA, Israel (Reuters) – Nano Dimension, a pioneer in 3D printers for circuit boards, expects to keep up a steep rate of sales growth while reducing its cash burn as it taps demand from new sectors such as defense and space exploration, the company’s leaders said.

The Israel-based firm, facing possible expulsion from its secondary listing on Nasdaq after a huge fall in its shares since their 2016 peak, is pinning its hopes on new printers, and proprietary inks it began selling in 2017.

Nano Dimension has been collaborating with U.S. defense contractor Harris Corp on 3D printing of radio frequency identification amplifiers, which extend antenna range and will be tested on the International Space Station.

“It could save Harris hundreds of thousands of dollars per satellite,” said Chief Executive and co-founder Amit Dror, who said the company expected an improved performance this year compared with last when it made a net loss of $15.5 million.

“We will be much better than last year,” Dror told Reuters. “Initially, we are looking at the near future to generate sales with large corporations in defense, aerospace, automotive and healthcare and further down the road … consumer products.”

Printed circuit boards (PCBs) have traditionally been made by specialized companies in a process that can take weeks. Nano Dimension said its printers can do the job in hours, saving costs and time while keeping sensitive information confidential.

Nano Dimension has sold more than 30 of its $250,000 printers. Total revenue jumped to $5.1 million in 2018 from $829,000 the year before and it projects a tripling of revenue to as much as $15 million in 2019.

YEARS AHEAD

Dror said Nano Dimension will likely continue to narrow its loss in the next two years as it keeps growing revenue while halving its cash burn, which was about $13 million last year.

To that end, Nano Dimension is now working with 20 leading resellers, he said.

“We are the first to market this technology and by our estimation we believe we are several years ahead of anyone else,” said Chairman Avi Reichental, who helped to pioneer 3D printing technologies more than a decade ago.

More than half of Nano Dimension’s sales come from the United States, but sales are also growing in Japan, South Korea and Germany.

After peaking at nearly $10 in 2016, the firm’s Nasdaq-listed shares have dropped to 73 cents in 2019 – prompting a notification from the exchange that its shares need to move back to at least $1 by September, although that can be extended by six months.

Dror said he hoped the shares would rise due to investor demand, but if not the company could make a technical change to the ratio of its Tel Aviv-listed shares to its American depositary shares.

He said Nano Dimension would look to raise more money to grow but no decision on how or when had been made.

(Reporting by Steven Scheer; Editing by Georgina Prodhan and David Holmes)

Source: OANN

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Suspected killer of reputed mob boss Frank Cali has an ‘X’ on his back: sources

Law-enforcement authorities anticipate a possible assassination attempt against the Staten Island man suspected of gunning down mob boss Francesco “Franky Boy” Cali, sources told The Post on Sunday.

Officials haven’t confirmed that the Gambino crime family has posted a bounty on Anthony Comello, but “the general feeling is that there’s an ‘X’ on this guy’s back,” one source said.

“He’s going to have some issues in jail,” a high-ranking NYPD official said.

“Maybe there’s some guys who are wiseguys in jail who will show their allegiance to the Gambinos and say, ‘We’ll take care of this guy.’ ”

Sources said Cali’s gangland cronies would likely wait until Comello, 24, was serving time in an upstate prison before making an attempt on his life.

But that wouldn’t prevent another inmate from taking matters into his own hands to try to score a reward or simply to boost his reputation behind bars, sources said.

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Comello is locked up in New Jersey’s Ocean County Jail pending charges in Wednesday night’s fatal shooting of Cali, 53, outside his home at 25 Hilltop Terrace in the Todt Hill section of Staten Island.

Investigators believe the execution-style slaying may have been revenge for Cali preventing his niece from dating Comello, sources have said.

Click for more from The New York Post 

Source: Fox News National

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Exclusive: Exxon weighs sale of Nigerian oil and gas fields for up to $3 billion

FILE PHOTO: Darren Woods, chairman & CEO, Exxon Mobil Corp, attends a news conference at the NYSE
FILE PHOTO: Darren Woods, chairman and CEO of Exxon Mobil Corp, attends a news conference at the New York Stock Exchange, March 1, 2017. REUTERS/Brendan McDermid/File Photo

April 2, 2019

By Ron Bousso and Julia Payne

LONDON (Reuters) – Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters.

The potential disposals are expected to include stakes in onshore and offshore fields and could raise up to $3 billion, two sources said.

“Exxon is actively divesting in Nigeria,” one source who was briefed on the divestment plans said.

Exxon declined to comment.

The Irving, Texas-based company is one of the largest oil and gas producers in Nigeria, with 106 operated platforms. Its oil output in the West African country reached 225,000 barrels per day (bpd) in 2017, its website says.

Exxon officials have held talks in recent weeks with several Nigerian companies to gauge their interest in the fields.

One source said Exxon was soon due to open a “data room” – which would provide technical information on the fields, such as seismic and production details – in Nigeria.

The discussions focused on a number of onshore fields Exxon shares in joint ventures with Nigerian state oil firm NNPC, including oil mining leases 66, 68, 70 and 104, one source said. Exxon’s share of oil production in those fields reached 120,000 bpd in 2017, the last year for which data was available.

Exxon is also weighing the possible sale of stakes in offshore fields in Nigeria, two sources said.

It is looking into offering for sale assets in Equatorial Guinea and Chad, according to two sources.

The Nigerian government has in the last decade supported a drive by domestic firms such as Oando, Seplat and privately held Aiteo to expand their operations in the country as international companies including Royal Dutch Shell sought to lower their presence due to oil spills resulting from pipeline sabotage.

Exxon recently launched the sale of its stake in Azerbaijan’s largest oilfield, which would mark its retreat from the former Soviet state after 25 years.

Exxon announced earlier this year plans to boost its capital spending from $26 billion in 2018 to $30 billion in 2019 and up to $35 billion next year as it seeks to develop oilfields in Guyana and the U.S. Permian basin as well as gas projects in Mozambique and the U.S. Gulf Coast.

In an analyst presentation last month, Exxon said it would accelerate its divestments to around $15 billion by 2021.

(Additional reporting by Gary McWilliams in Houston; Editing by Dale Hudson)

Source: OANN

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CEO Sloan pitches Wells Fargo turnaround to bank critics in Congress

Wells Fargo & Company CEO and President Tim Sloan testifies before the Senate Banking Committee on Capitol Hill in Washington
FILE PHOTO: Wells Fargo & Company CEO and President Tim Sloan testifies before the Senate Banking Committee on Capitol Hill in Washington, U.S., October 3, 2017. REUTERS/Aaron P. Bernstein

March 12, 2019

By Imani Moise and Pete Schroeder

WASHINGTON (Reuters) – Wells Fargo & Co Chief Executive Tim Sloan, who has been campaigning to prove his bank has moved past its scandals, appeared in Congress on Tuesday before newly empowered Democratic lawmakers who are taking aim at Wall Street.

Sloan is the first bank executive grilled by the House Financial Services Committee since it was taken over by Democrats following the 2018 congressional election. A nervous Wall Street is keen to see how hostile the panel will be towards the industry.

The hearing could see Sloan clash with panel chair and vocal bank critic Maxine Waters, as well as Alexandria Ocasio-Cortez, a rookie lawmaker and leading voice of her party’s progressive wing. Fellow freshman Katie Porter likewise built her campaign on bashing Wall Street.

Republicans have also criticized Wells Fargo, and will likely want proof the fourth-largest U.S. bank has addressed customer abuses.

The CEOs of Morgan Stanley, Goldman Sachs Group Inc, Citigroup Inc, JPMorgan Chase & Co and Bank of America Corp are expected to appear before the House panel next month.

Stakes are high for 31-year Wells Fargo veteran Sloan, who was appointed CEO when John Stumpf retired soon after the sales practices scandal erupted in 2016. Sloan has faced calls to step down from investors and politicians, including U.S. Senator Elizabeth Warren, a 2020 Democratic presidential contender.

Wells Fargo shares were up 0.3 percent as the hearing started.

Sloan’s prepared remarks emphasized changes the bank has made to culture, sales practices and risk management, as well as efforts to repay wronged customers.

“Wells Fargo is a better bank than it was three years ago, and we are working every day to become even better,” Sloan, 58, will say, according to testimony published by the bank on Monday.

Lawmakers could also ask about the bank’s decision to cut thousands of U.S. jobs, its pledge to boost stock buybacks and its forced arbitration policy for customers.

Spokespeople for Waters and Ocasio-Cortez declined or did not respond to comment requests. Porter said in a statement on Monday that Sloan has “a lot to prove” to show Wells Fargo has turned a corner.

If lawmakers are unhappy with what they hear, they could pressure the Federal Reserve to maintain restrictions imposed on the bank’s growth until governance and risk management improve.

Sloan has not appeared before Congress since a 2017 Senate hearing, where he clashed with lawmakers from both parties.

Wells Fargo has since deployed more lobbyists in Washington and launched a public relations offensive, but remains in politicians’ crosshairs.

The 2016 revelation that Wells Fargo created millions of fake customer accounts prompted regulatory probes into mortgage foreclosures, auto insurance sales and its wealth management businesses, resulting in billions of dollars in fines.

(Reporting by Pete Schroeder and Imani Moise; Editing by Michelle Price and Meredith Mazzilli)

Source: OANN

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No Brexit breakthrough with May’s government, Britain’s Labour says

Britain's Labour Party's Shadow Secretary of State for Departing the European Union Keir Starmer is seen outside the Cabinet Office in London
FILE PHOTO - Britain's Labour Party's Shadow Secretary of State for Departing the European Union Keir Starmer is seen outside the Cabinet Office in London, Britain, April 4, 2019. REUTERS/Toby Melville

April 8, 2019

LONDON (Reuters) – Britain’s opposition Labour Party and Prime Minister Theresa May’s government have not yet found a way forward on reaching an agreement on a Brexit divorce deal, Labour’s Brexit point man Keir Starmer said on Monday.

“We haven’t found that yet,” Starmer said of finding a way forward.

“There aren’t any scheduled talks yet but I have no doubt things will develop today,” he said.

Starmer said the ball was in the government’s court.

(Reporting by Guy Faulconbridge; editing by Andrew MacAskill)

Source: OANN

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Montana pair get life for killing 2 found partly dissolved

A Montana judge sentenced a man and a woman Friday to life in prison after they pleaded guilty to stabbing two people to death, including a teenager, and trying to dissolve their bodies in tubs filled with chemicals.

District Judge James Wheelis gave both Augustus Standingrock and Tiffanie Pierce life terms with the possibility of parole for the 2017 deaths of Jackson Wiles, 24, and Marilyn Pickett, 15.

The sentences are in line with the recommendations prosecutors made in plea agreements. Standingrock pleaded guilty to deliberate homicide and accountability to deliberate homicide, while Pierce pleaded guilty to attempted deliberate homicide and accountability to deliberate homicide.

Pierce's plea to attempted deliberate homicide was from a separate attack in which she entered a Missoula home and stabbed a woman eight times, injuring her.

Pierce wept and Standingrock sat silently as relatives and friends of Wiles and Pickett testified for about 90 minutes about the pain they suffered after the killings, Missoula news station KGVO-AM reported .

Pierce's former roommate told police he was awakened by a woman's screams in their Missoula home in August 2017, according to court records. He said he found Pierce and Standingrock in the bathroom washing off blood and that Pierce told him there was a dead woman in the basement.

Police found Wiles' and Pickett's bodies dismembered and partially dissolved in the basement.

Prosecutors previously said Standingrock believed Wiles had sexually abused a young girl close to him.

Given the chance to speak in court, Standingrock said: "I apologize. There's nothing I can say or do to bring anything back," he said.

The roommate told investigators that Pierce said Standingrock brought over a couple of people and that he took them to the basement and attacked one while Pierce attacked the other.

Pierce said she never intended to cause anyone's death.

"Especially someone so young and beautiful and with as much potential as Marilyn," she said. "There is not a day that goes by that I don't wish I could trade places with her."

___

Information from: KGVO-AM, http://www.kgvo1290.com

Source: Fox News National

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Indonesia crash revelations raise pressure on Ethiopia probe

Ethiopian Red Cross workers carry a body bag with the remains of Ethiopian Airlines Flight ET 302 plane crash victims at the scene of a plane crash, near the town of Bishoftu, southeast of Addis Ababa
Ethiopian Red Cross workers carry a body bag with the remains of Ethiopian Airlines Flight ET 302 plane crash victims at the scene of a plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 12, 2019. REUTERS/Baz Ratner

March 20, 2019

By Maggie Fick and Cindy Silviana

ADDIS ABABA/JAKARTA (Reuters) – The world’s biggest planemaker Boeing faced growing obstacles to returning its grounded 737 MAX fleet to the skies on Wednesday, while chilling details emerged of an Indonesian crash with similarities to the Ethiopian disaster.

Experts suspect an automated system, meant to stop stalling by dipping the nose, may be involved in both cases, with pilots unable to override it as their jets plunged downwards.

The March 10 Ethiopian Airlines crash has shaken the global aviation industry and cast a shadow over the flagship Boeing model intended to be a standard for decades to come, given parallels with the Lion Air calamity off Jakarta in October.

The twin crashes killed 346 people.

(GRAPHIC: Ethiopian Airlines crash – https://tmsnrt.rs/2Hn6V4k)

Chicago-headquartered Boeing has promised a swift update of the automatic flight software for the craft but major regulators in Europe and Canada want to be sure themselves, rather than rely on U.S. vetting.

As Ethiopian investigators pored over black box data from their crash, sources with knowledge of the doomed Lion Air cockpit voice recorder revealed how pilots scoured a manual in a losing battle to figure out why they were hurtling down to sea.

Investigators examining the Indonesian crash want to know how a computer ordered the plane to dive in response to data from a faulty sensor and whether pilots had enough training to respond appropriately to the emergency.

Communications showed that in the final moments, the captain tried in vain to find the right procedure in the handbook, while the first officer was unable to control the plane.

“It is like a test where there are 100 questions and when the time is up you have only answered 75,” said one of the sources with knowledge of the cockpit recording that has not been made public. “So you panic. It is a time-out condition.”

At the end, the sources told Reuters, the Indian-born captain, 31, was quiet, while the Indonesian officer, 41, said “Allahu Akbar” (“God is greatest”) – an Arabic phrase to express excitement, shock, praise or distress. The plane then hit water.

U.S. “CREDIBILITY DAMAGED”

Boeing has said there was a documented procedure to handle the situation. A different crew on the same plane the evening before had the same problem but solved it after running through three checklists, though they did not pass on all that information to the doomed crew, the preliminary report by investigators released in November said.

Rowing back from previous reliance on U.S. Federal Aviation Administration (FAA) vetting, Canada and the European Union will now seek their own guarantees over the MAX planes, complicating Boeing’s hopes to get them flying worldwide again.

Regulators want to be absolutely sure of Boeing’s new automated flight control system, known as MCAS (Maneuvering Characteristics Augmentation System), and that pilots are fully trained to handle it.

“Our credibility as leaders in aviation is being damaged,” wrote Chesley Sullenberger, a U.S. pilot famed for landing a jet on the Hudson River saving all 155 people on board a decade ago.

“Boeing and the FAA have been found wanting in this ugly saga that began years ago but has come home to roost with two terrible fatal crashes, with no survivors, in less than five months, on a new airplane type, the Boeing 737 Max 8, something that is unprecedented in modern aviation history,” he added in a scathing article on marketwatch.com.

(GRAPHIC: The grounded 737 Max fleet – https://tmsnrt.rs/2u5sZYI)

Facing such high-profile scrutiny, Boeing, one of the United States’ most prestigious exporters, reshuffled executives in its commercial airplanes unit to focus on the crash fallout.

(GRAPHIC: Boeing 737 Max deliveries in question – https://tmsnrt.rs/2Hv2btC)

VOICE RECORDINGS

The FAA noted in a statement that its “robust processes” and “full collaboration with the aviation community” were key to safety worldwide. The regulator is due to have a new head soon, likely to be former Delta Air Lines executive Steve Dickson.

U.S. President Donald Trump had apparently been considering his longtime personal pilot, John Dunkin, before leaning toward Dickson who had a 27-year career at Delta.

In Ethiopia, which is leading the investigation, experts were poring over the in-flight recording of Captain Yared Getachew and First Officer Ahmednur Mohammed’s voices.

As with the Indonesia flight, they radioed control problems shortly after take-off and sought to turn back, struggling to get their plane on track before it hit a field. However, there is no proven link and experts emphasize that every accident is a unique chain of human and technical factors.

For now, though, more than 300 MAX aircraft are grounded round the world, and deliveries of nearly 5,000 more – worth well over $500 billion – are on hold.

Development of the 737 MAX, which offers cost savings of about 15 percent on fuel, began in 2011 after the successful launch by its main rival of the Airbus A320neo. The 737 MAX entered service in 2017 after six years of preparation.

(Reporting by Maggie Fick and Jason Neely in Addis Ababa, Tim Hepher in Paris, David Shepardson in Washington, David Ljunggren in Ottawa, Jamie Freed in Singapore, Cindy Silviana in Jakarta; Writing by Andrew Cawthorne; Editing by Jon Boyle)

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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Funeral of journalist Lyra McKee in Belfast
Labour Party leader Jeremy Corbyn attends the funeral service for murdered journalist Lyra McKee at St Anne’s Cathedral in Belfast, Northern Ireland April 24, 2019. Brian Lawless/Pool via REUTERS

April 26, 2019

LONDON (Reuters) – The leader of Britain’s opposition Labour Party, Jeremy Corbyn, said on Friday he had turned down an invitation to a state dinner which will be part of U.S. President Donald Trump’s visit to Britain in June.

“Theresa May should not be rolling out the red carpet for a state visit to honor a president who rips up vital international treaties, backs climate change denial and uses racist and misogynist rhetoric,” Corbyn said in a statement.

He said maintaining the relationship with the United States did not require “the pomp and ceremony of a state visit” and he said he would welcome a meeting with Trump “to discuss all matters of interest.”

(Reporting by Andy Bruce; Writing by William Schomberg)

Source: OANN

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Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli
Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli, Libya April 25, 2019. REUTERS/Hani Amara

April 26, 2019

By Ulf Laessing

TRIPOLI (Reuters) – Libya’s U.N.-recognized government has budgeted up to 2 billion dinars ($1.43 billion) to cover costs of a three-week-old war for control of the capital, such as treatment for the wounded, to be funded without new borrowing, the economy minister said.

Ali Abdulaziz Issawi suggested the government hoped for business to continue more or less as usual despite the assault on Tripoli, in the country’s northwest, by forces tied to a parallel administration based in the eastern city of Benghazi.

Once Africa’s third largest producer of oil, Libya has been riven by factional conflict since the fall of Muammar Gaddafi in 2011, with the country now broadly split between eastern-based forces under Khalifa Haftar and the U.N.-backed government in Tripoli, in the west, under Prime Minister Fayez al-Serraj.

Still, with Haftar’s Libyan National Army forces unable so far to pierce defenses in Tripoli’s southern suburbs, normal life and business activities continue in much of the capital and western coastal towns.

Issawi, in an interview with Reuters in his Tripoli office, also said Libya’s commercial ports and wheat imports were still functioning normally, although some roads have been blocked.

He said the Serraj government estimates it will spend up to 2 billion dinars extra on medical treatment for wounded, aid for displaced people and other “emergency” war costs.

He said this was not military spending but analysts believe that the sum will also cover expenditures such as pay for allied armed groups or food for fighters.

“We could actually spend less,” he added, in comments that gave the first insight into the economic impact of the fighting.

Issawi said the Tripoli government, which controls little territory beyond the greater capital region, would not incur new debt to fund the war costs, sticking to a plan to post a 2019 budget without a deficit.

Tripoli derives revenue largely from oil and natural gas production, interest-free loans from local banks to the central bank, and a 183 percent surcharge on foreign exchange transactions conducted at official rates.

But with centralized tax collection greatly diminished, public debt has piled up – to 68 billion dinars in the west, including unpaid state obligations such as social insurance.

Some analysts expect Serraj’s government will be forced to raise new debt if the war for control of Tripoli drags on.

With much of Libya dominated by armed factions that also act as security forces, the public wage bill for both the western and eastern administrations has soared as fighters have been made public employees in efforts to buy their loyalty.

The east has sold bonds worth 35 billion dinars outside the official financial system as the Tripoli central bank does not fund the parallel government apart from some wages.

Despite its limited reach, the Tripoli government still runs an annual budget of around 46.8 billion dinars, mainly for public salaries and fuel subsidies.

“This year we cannot finance via debt…we will not borrow (by agreement with the central bank),” Issawi said.

According to International Monetary Fund data, Libya’s central government debt-to-GDP ratio is 143 percent, making it one of the most heavily indebted in the world on that measure.

Issawi declined to say what parts of the budget would be trimmed to support the extra outlay for war costs.

However, with some 70 percent of the budget allocated to public wages, fuel subsidies and other welfare benefits, a portion devoted to infrastructure is most likely to be axed.

Widespread lawlessness has meant there have been no major infrastructural projects since 2011, when a NATO-backed uprising overthrew dictator Muammar Gaddafi, leaving schools, hospitals and roads in acute need of restoration.

FOREX SURCHARGE

Issawi said the government planned to raise as much as 30 billion dinars by the end of 2019 from hard currency deals after imposing in September a 183 percent surcharge on commercial and private transactions done on the official rate of 1.4 to the U.S. dollar. That fee has effectively devalued the official rate to 3.9, much closer to the black market equivalent.

Some 17 billion dinars have been raised since then, with hard currency allocated for import credit letters now issued without delays, Issawi said. The forex fee has helped the government forecast a budget in the black for 2019.

Despite the narrowing spread between the two rates, the black market continues to thrive. Dozens of traders remained at their favorite spot behind the central bank headquarters in Tripoli when Reuters reporters visited it last week.

But traders said it could take time for the Serraj government to register the extra forex receipts as official banking channels were taking up to six months to approve import financing, keeping the black market in play for dealers.

Issawi said authorities planned to lower the forex fee from 183 percent, without saying when. The black market rate has dropped from 6 to around 4.1 since September but it has hardly moved of late as demand for black market cash remains high.

The Tripoli government has stopped subsidizing food and bread, which used to be cheaper than drinking water in Libya. Wheat imports are now being arranged by private traders and there are surplus stocks of flour at the moment, Issawi said.

(Reporting by Ulf Laessing in Tripoli with additional reporting by Karin Strohecker in London; Editing by Mark Heinrich)

Source: OANN

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Rep. Gerry Connolly, D-Va., threatened possible jail time for White House officials refusing to comply with subpoenas to testify before the House Oversight Committee.

Connolly, a member of the House panel, made his comments during an interview on CNN on Thursday. He said that “if a subpoena is issued and you’re told you must testify, we will back that up.”

He added: “And we will use any and all power in our command to make sure it’s backed up — whether that’s a contempt citation, whether that’s going to court and getting that citation enforced, whether it’s fines, whether it’s possible incarceration.”

“We will go to the max to enforce the constitutional role of the legislative branch of government.”

His comments came after three officials have refused to comply with congressional requests to testify, CNN noted.

Trump told The Washington Post that his staff should not testify on Capitol Hill, explaining that the White House cooperated fully with special counsel Robert Mueller and “there is no reason to go any further, especially in Congress where it’s very partisan.”

Source: NewsMax Politics

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“Outdated laws” need fixing to deal with the surge in illegal immigrant families crossing the U.S. border with Mexico, a top Border Patrol official said Friday.

Migrant families face no consequences if apprehended trying to cross the border illegally under present law, Border Patrol chief of Operations Brian Hastings claimed during an appearance on “Fox & Friends.”

“We need a change in the current outdated laws that we’re dealing with for this current demographic and this crisis that we have,” he said.

Hastings said as of Thursday there have been 440,000 apprehensions along the southwest border. There were 396,000 apprehensions all of last year.

SOUTHERN BORDER AT ‘BREAKING POINT’ AFTER MORE THAN 76,000 ILLEGAL IMMIGRANTS TRIED CROSSING IN FEBRUARY, OFFICIALS SAY

And those numbers continue to rise, he said.

Historically 70 to 90 percent of apprehensions at the border were quickly returned to Mexico, Hastings said.

Now, 83 percent of those apprehended have come from the Central American northern triangle which includes Guatemala, El Salvador, and Honduras, and of those 63 percent are “family units” and children who cannot be returned, he said.

“There are no consequences that we can apply to this group currently,” Hastings said. “We’re overwhelmed. If you look at agents there doing a tremendous job trying to deal with the flow.”

The law dictates children have to be released after 20 days of detention.

FLORIDA SHERIFF ON BORDER CRISIS AFTER MAJOR DRUG BUST: ‘IT MAKES ME ABSOLUTELY CRAZY’

Sen. Lindsey Graham, R-S.C., says that has forced immigration officials to release entire families because “you don’t want to separate families.”

Recently, he said he is drafting legislation that would allow children to be detained for more than 20 days.

Hastings said agents are frustrated with the situation but are doing the best they can with the resources they have.

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“Up to 40 percent of our agents are processing at any given time,” he said. “That should say that in and of itself is pulling from those border security resources.”

Source: Fox News National

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