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Pompeo urges Moscow to cease ‘unconstructive behavior’ in Venezuela

FILE PHOTO: U.S. Secretary of State Mike Pompeo stands next to his airplane before boarding it to Beirut at Ben Gurion airport near Lod, Israel
FILE PHOTO: U.S. Secretary of State Mike Pompeo stands next to his airplane before boarding it to Beirut at Ben Gurion airport near Lod, Israel March 22, 2019. REUTERS/Jim Young/Pool

March 25, 2019

WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo called on Russia to “cease its unconstructive behavior” by supporting Venezuelan President Nicolas Maduro during a phone call with his Russian counterpart, the State Department said on Monday.

Spokesman Robert Palladino said Pompeo had spoken to Russian Foreign Minister Sergei Lavrov about Venezuela on Monday.

“The secretary told Russian Foreign Minister Lavrov that the United States and regional countries will not stand idly by as Russia exacerbates tensions in Venezuela,” Palladino said in a statement that also condemned Russian military support for the “illegitimate regime of Nicolas Maduro.” 

(Reporting by Lesley Wroughton; Editing by Chizu Nomiyama)

Source: OANN

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Manager at Brazil’s Vale told executives of risks at dam: report

FILE PHOTO: A helmet with a logo of Vale SA is seen in a collapsed tailings dam owned by the company, in Brumadinho
FILE PHOTO: A helmet with a logo of Vale SA is seen in a collapsed tailings dam owned by the company, in Brumadinho, Brazil February 13, 2019. REUTERS/Washington Alves/File photo

February 26, 2019

RIO DE JANEIRO (Reuters) – A manager at Brazilian iron ore miner Vale SA told authorities the firm’s executive board knew there had been a “decrease in security” at a dam that burst in January, killing hundreds, according to a newspaper report on Tuesday.

The manager told authorities he had discussed the dam with his superiors, newspaper Folha de S.Paulo reported, without saying how it obtained the information.

Vale did not immediately respond to a request for comment.

In the month since the dam burst in the town of Brumadinho, likely killing over 300 people, prosecutors and media have raised questions about the security measures that were in place to prevent such a burst. Earlier in February, Reuters reported that internal Vale documents showed the dam had an elevated risk of rupture.

The newspaper report did not name the manager or give further details on his or her testimony.

(Reporting by Gram Slattery; Editing by Bernadette Baum)

Source: OANN

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Sen. Cassidy: Use Seized Cartel Money to Fund Wall

The government should use the billions of dollars captured from drug cartels to help fund the nation's border wall, which would help to decrease criminal activity at the same time that border security is strengthened, Sen. Bill Cassidy, R-La., who has devised a plan to make that happen, said Monday.

"They now need to transfer it back to say, Mexico," Cassidy told Fox News' "Outnumbered Overtime." "The fact that we capture that money, to use it for increased border security, theoretically, could increase the amount of money we seize in the future from related activities."

At least $60 billion a year is being moved by the cartels out of the United States to other countries, where in some cases the funds finance Hezbollah and terrorism, while "we are getting $5 billion," Cassidy said. "That means they are successfully moving $55 billion a year."

That so much money is leaving constitutes yet another national emergency, he added, and "shows you how ineffective the current policies are, and what justification there is for more aggressive policy."

Meanwhile, Cassidy said it is getting "tougher" for Democrats like House Speaker Nancy Pelosi, D-Calif., and Senate Minority Leader Chuck Schumer, D-N.Y., to argue against increased spending for the border wall, in particular, the president's new budget call for $8.6 billion, because media outlets like The New York Times are also referring to a "crisis" at the border.

"When you have your allies in the media conceding the point to President Trump, maybe the argument is shifting," Cassidy said.

Source: NewsMax America

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Calm appears to hold in Gaza despite exchange of fire

An unofficial cease-fire appears to be holding between Israel and Gaza's Hamas rulers despite limited exchanges of fire.

Schools reopened in southern Israel on Wednesday after late-night rocket attacks from Gaza set off air-raid sirens, breaking a daylong lull. The Israeli military struck back against additional Hamas targets but there were no reports of casualties on either side.

Israel and Hamas have fought three wars and dozens of skirmishes since the Islamic militant group seized control of Gaza in 2007. The latest round was triggered by a Gaza rocket fired early Monday that slammed into a house in central Israel and wounded seven people.

Large Gaza protests are expected this weekend, marking the anniversary of weekly rallies in which nearly 200 Palestinians have been killed by Israeli fire.

Source: Fox News World

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Q&A: Federal Reserve likely to disappoint policy doves – Weeden strategist

Federal Reserve Board building on Constitution Avenue is pictured in Washington
Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis

March 19, 2019

By Michael Connor

NEW YORK (Reuters) – Dovish investors are going to be disappointed by the Federal Reserve’s policy-setting open market committee who are meeting now and should hedge against policy outcomes likely to rattle global markets, Weeden & Co. derivatives strategist Michael Purves said on Tuesday.

Purves told the Reuters Global Markets Forum chatroom that expectations for interest-rate levels between policymakers and markets were extraordinarily wide.

That gap carried the biggest risks of losses for investors betting the Fed will soon resume rate cuts and balance-sheet policies in place since 2008’s financial crisis, Purves said. The Fed will issue its decision and an accompanying statement on Wednesday.

Here are excerpts:

Question: What do you expect to hear from the Federal Reserve on Wednesday?

Answer: Most agree that we will see the Fed lower its rate-hike expectations and give some comforting language on the balance sheet. But my question is whether the (messages) will be skewed for the hawks or the doves? (Even) if the Fed lowered by two hikes from December, that would still be north of where the market is. So, to deliver a net dovish message, the Fed must really deliver two hikes lower than December, (and) a strong message on the balance sheet. …It seems a big ask.

Q: Why do you think the Fed may surprise on the hawkish side?

A: One key factor is the Fed pivot – the heightened market stress shown through VIX and higher credit spreads in Q4 – has largely reversed. Further, breakeven inflation rates and commodities have rallied substantially since the dark days of December. So, if you look at the 10-year yield, you can see its trajectory lower over the past several months has been solely defined by rates-hike expectations, while ignoring other factors such as inflation. Another factor is lower foreign sovereign yields.

Q: Where would the current 10-year yield of 2.60 percent be ordinarily?

A: We could easily be above 2.80 percent and perhaps trending towards 3.0 percent.

Q: What should investors do?

A: Buy some hedges for asset classes sensitive to a net hawkish message tomorrow. For example, EM (emerging markets), commodities, and even the overall market.

Q: Which things should investors watch Wednesday?

A: Fed funds and Eurodollars (money markets) are very volatile and kind of manic depressive. They can swing. Keep an eye on the 10-year Bund. It is extremely low. Be mindful of how EM assets trade; they may in fact fight through a net hawkish FOMC tomorrow.

((This interview was conducted in the Reuters Global Markets Forum, a chat room based on the Eikon platform.))

(Reporting By Michael Connor in New York; Editing by Susan Thomas)

Source: OANN

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The Open Borders Agenda Rears Its Ugly Head

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This week, President Trump fired his homeland security secretary, Kirstjen Nielsen. Nielsen was, according to media and the Democrats, a monster of the highest order. She was allegedly the force behind the caging of children (that practice began under President Barack Obama and actually ended under President Trump); she was supposedly a barbarian focused on keeping innocent brown children out of America.

And Trump dumped her because even she was not cruel enough to please Genghis Trump, the left claimed. Stephen Colbert joked, "Sure, she put kids in cages, but Trump was upset. ... So he just needs someone who can be crueler to children than Kirstjen Nielsen." Jimmy Kimmel made nearly the same joke: "Goodbye, Kirstjen, and whoever replaces you permanently is going to have some very big cages to fill." Trevor Noah quipped, "Basically, the only job she can get now is working with R. Kelly."

In reality, Trump fired Nielsen because he believed she hadn't properly taken measures to rein in the humanitarian crisis at the border. That was half true -- she didn't react with alacrity to change the necessary Homeland Security regulations, for example. But it was also a result of Trump's changing whims with regard to border strategy. Trump was in favor of a no-tolerance border policy that necessarily resulted in family separations; then he was against it; then he was for it; then he was against it.

Most of that vacillation resulted not from brutal bigotry, however, but from a simple fact: Democrats have simply not provided Border Patrol and Immigration and Customs Enforcement with the resources necessary to properly control the border. Federal courts have ruled that families cannot be held together in custody for longer than 20 days; children must be released to guardians outside detention. This means that the Trump administration, like the Obama administration before it, was left with a choice: Either release parents along with children, or separate parents from children.

The federal courts have made the situation even less tenable. They have stated that the Trump administration cannot work with the Mexican government to house potential asylum claimants on the Mexican side of the border to keep families together; they have stated that the Trump administration cannot separate families for prolonged periods of time. A series of conflicting lower-court rulings has left the general policy in limbo.

This means that Congress ought to act. Everyone should be on the same page with regard to those crossing the border illegally. We should have an expedient system for determining the validity of asylum claims; we should give families the option of staying together in detention pending such determination.

But Democrats in Congress refuse to act. They won't change the regulations to allow families to remain together in custody, and they won't provide the funding necessary to keep detained families in some level of comfort. Instead, they snipe at the supposed cruelty of the Trump administration, which simply seeks to end the policy of "catch and release" that results in hundreds of thousands of illegal immigrants remaining indefinitely in the country.

This week, Tom Perez, chairman of the Democratic National Committee, revealed the truth about the Democratic agenda: It's not about compassion at all, but about politics. "Tough doesn't equal smart," Perez stated. "Tough equals dumb." The only truly dumb thing is continuing to play politics with the lives of people crossing the border illegally and American citizens being forced to cope with the price of illegal immigration.

COPYRIGHT 2019 CREATORS.COM.

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Vatican pushes back about work conditions at UN mission

The Vatican is pushing back against reports about work conditions at its U.N. mission under its former ambassador, in the latest scandal implicating the Holy See's diplomatic corps.

The New York-based mission said in a statement that the visa status of its staff was in full compliance with U.S. regulations from 2010-2014, and that its service staff was paid more than minimum wage.

The statement was responding to a March 11 report in the Crux online Catholic site about complaints from former staff about work conditions during the 2010-2014 tenure of Archbishop Francis Chullikatt. On Saturday, Catholic News Agency also reported allegations of inappropriate behavior by Chullikatt.

Both stories quoted the mission's then-legal adviser, Terrence McKeegan, as saying he flagged "serious moral and financial corruption" to the Vatican in 2013.

Source: Fox News World

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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