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Funeral set for deputy killed serving warrant

A funeral is scheduled for a sheriff's deputy who was fatally shot while attempting to serve an arrest warrant on a man who fled and engaged officers in an hours-long standoff in Illinois.

McHenry County Sheriff's Deputy Jacob Keltner was shot Thursday while working on a task force trying to serve a warrant at a hotel in Rockford, about 80 miles (128.7 kilometer) northwest of Chicago. The (Rockford) Register Star reports a funeral will be held Wednesday for the 35-year-old officer.

Investigators say the suspect, 39-year-old Floyd E. Brown, fled after the shooting in a vehicle that crashed along an interstate about 170 miles away, sparking a standoff. He was eventually arrested on murder charges.

Brown is scheduled to appear in federal court Monday afternoon in Rockford.

Source: Fox News National

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At least one dead in Palestinian shooting attack in West Bank: Israel Radio

Israeli soldiers stand guard near the scene of Palestinian shooting attack near the Jewish settlement of Ariel, in the occupied West Bank
Israeli soldiers stand guard near the scene of Palestinian shooting attack near the Jewish settlement of Ariel, in the occupied West Bank March 17, 2019. REUTERS/Ammar Awad

March 17, 2019

JERUSALEM (Reuters) – At least one person was killed and two others were wounded in a Palestinian shooting attack in the occupied West Bank on Sunday, Israel Radio said.

The incident began when a Palestinian grabbed a weapon from an Israeli at an intersection near the Jewish settlement of Ariel and then shot him, Channel 13 television said.

The assailant then shot another Israeli, stole his car and fled, and opened fire at a bus stop at another junction, wounding a third Israeli, the report said.

In a statement, the Israeli military said shootings had occurred at the Ariel and Gitai intersections and troops were searching for the gunman.

Israel Radio said one person was shot and killed and two others were wounded in the attack, one of them critically.

Palestinians, many of them individuals without known associations with militant groups, carried out a wave of attacks in the West Bank in late 2015 and 2016, but the frequency of such incidents has since decreased.

Israel captured the West Bank in the 1967 Middle East war. Palestinians seek to establish a state there and in the Hamas-run Gaza Strip, with East Jerusalem as its capital. Israeli-Palestinian peace talks collapsed in 2014.

(Reporting by Jeffrey Heller; editing by Emelia Sithole-Matarise)

Source: OANN

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Ohio bill introduced to ban drag shows from involving, sexualizing children

Lawmakers in Ohio are taking a stand against the sexualization of children by introducing new legislation that would ban drag shows and other sexually-suggestive or explicit performances from using minors.

Introduced by Republican state Rep. Tim Schaffer, House Bill 180 amends Ohio’s child endangerment statute to include involving minors in any material or performance that “suggests a minor is participating or engaging in sexual activity, masturbation, or bestiality.” Adults violating the law could face fines starting at $1,000 and six months in prison.

“Given our heightened focus on human trafficking and the role money plays in trafficking children, I knew I had to take action to make sure this activity does not occur again. We can do better to protect innocent children and we must do better,” Schaffer declared in a statement.

Cleveland.com reported that HB180 is motivated in part by a drag event last December at JD Hendersons, a Lancaster-area bar where 9-year-old drag performer Jacob Measley, a.k.a. “Miss Mae Hem” danced in a suggestive costume while accepting dollar bills from an audience (ostensibly for a charitable event).

On January 30, Lancaster Republican Mayor David Scheffler issued a statementdownplaying the incident by stressing that the “minor was fully clothed and was not touched by anyone in the audience,” that his parents were in attendance, that police found “no violations of city ordinances or state laws” and received “no new complaints of this activity” at the bar, and that the bar owners supposedly “did not approve” the activity and promptly banned the drag troupe upon learning about it.

In fact, Scheffler reserved most of his ire for the anonymous person who first publicized the incident by posting on Facebook a video to the “City of Lancaster” page. “I can only surmise that the ‘City of Lancaster’ Facebook poster hid behind the anonymity of the page because he/she knew that the scenario posted was a fabrication,” he complained. “There was no call to my office, LPD or JD Hendersons (I checked) to inquire as to the facts.”


Patrick Casey, head of the American Identity Movement, joins Owen Shroyer live via Skype to discuss how his team planned and executed their infiltration into a drag queen story time event in New Orleans, LA dressed as ‘Honkler’ inspired clowns to expose the pedophiles beneath the surface.

In response, Republican state Senate candidate Melissa Ackison blasted Scheffler for “refus(ing) to condemn the performance,” and called for his resignation.

Jerri Measley told WTOL that she and her husband support their son’s participation in drag as an expression of his love of art, gymnastics, and dance. “What I am unwilling to do is compromise and not support the things my son wants to do,” she said. An August profile of Jacob in the Toledo Blade says the boy became interested in drag performances after watching RuPaul’s Drag Race with his mother. “Ninety-five percent of our friends are in the LGBTQ community and are drag queens,” his mother added.

Jerri says she’s outraged that her son’s performance is being cited as an example of child endangerment and insists he isn’t being sexualized. “I have altered everything so it is all past the knee,” she claimed. In fact, the Lancaster bar video shows the child in a much higher skirt exposing his thighs, and RuPaul’s Drag Race contains “frequent graphic sexual references,” according to the Internet Movie Database.

Further, the world of drag is infamous for its heavy sexual content, as are the stories of other child drag stars such as Nemis Quinn Mélançon Golden (a.k.a. “Lactatia”) and Desmond Napoles (a.k.a. “Desmond is Amazing”). Another trend, Drag Queen Storytimes directed at children in public libraries, have been described by performers themselves as intended to give children “unabashedly queer role models” and facilitate “the grooming of the next generation.”

HB180 has been referred to Ohio’s House Commerce and Labor Committee for further consideration.

Source: InfoWars

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Atlanta Fed shaves U.S. fourth-quarter 2018 GDP view to 1.8 percent

Crews load and unload consumer products at the Port of New Orleans along the Mississippi River in New Orleans, Louisiana
Crews load and unload consumer products at the Port of New Orleans along the Mississippi River in New Orleans, Louisiana June 23, 2010. REUTERS/Sean Gardner

February 26, 2019

NEW YORK (Reuters) – The U.S. economy likely grew at a 1.8 percent annualized rate in the fourth quarter, based on a steeper-than-forecast 11.2 percent drop in housing starts in December, the Atlanta Federal Reserve’s GDPNow forecast model showed on Tuesday.

This was slightly slower than the 1.9 percent pace for fourth-quarter gross domestic product that the Atlanta Fed’s GDP program calculated on Monday.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Rep. Eric Swalwell Enters Dem Race for President

Rep. Eric Swalwell, D-Calif., revealed Monday he is joining the growing field of Democrats running for president.

Swalwell made the announcement during a taping of "The Late Show with Stephen Colbert," which will air Monday evening. The show posted a video on Twitter of Swalwell making the news.

Swalwell began the segment by explaining how he's traveled the country and talked to regular Americans about the challenges they face and the frustrations they have with elected officials.

"I see a country in quicksand, unable to solve problems and threats from abroad, unable to make life better for people here at home. Nothing gets done," he said.

"I'm ready to solve these problems. I'm running for president of the United States."

The crowd then erupted in applause, to which Swalwell replied, "It's official. Boy, did it feel good to say that."

Swalwell has been outspoken about his disagreement with Republicans on many issues and his belief that President Donald Trump worked with Russia to defeat Hillary Clinton in the 2016 election.

Swalwell was mulling over a presidential run and indicated last month that if he were to run, his top campaign issues would be healthcare and racial equality.

Source: NewsMax Politics

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A tax on a tax: U.S. customs demands bigger bonds as trade tariffs rise

FILE PHOTO: Shipping containers are pictured at Yusen Terminals at the Port of Los Angeles in Los Angeles
FILE PHOTO: Shipping containers are pictured at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California, U.S., January 30, 2019. REUTERS/Mike Blake/File Photo

March 29, 2019

By Rajesh Kumar Singh

CHICAGO (Reuters) – Stephen Wang is counting the costs of President Donald Trump’s trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the Chinese-made pumps, valves and motors he imports.

The cost of the guarantee – a U.S. customs bond – has shot up, an additional hit to importers already facing steep customs bills adding up to tens of billions of dollars for tariffs imposed by the Trump administration on incoming Chinese goods, as well as steel and aluminum imports.

Since coming into effect last year, the tariffs have pushed up manufacturing costs, upended decades-old global supply chains and inflated prices for consumers, resulting in lower sales and forcing companies to defer investments. This, in turn, has dimmed global growth outlook, roiling financial markets.

Other ripple effects are less obvious, among them the rising expense of U.S. customs bonds. But for small companies that can ill afford the added cost, the impact can be crippling.

Given the extra duties associated with Trump’s tariffs, importers have been forced to post bonds that are worth much more to guarantee they can cover the added cost of bringing Chinese imports, and foreign steel and aluminum, into the United States.

In some cases, customs bond requirements have increased 500-fold, according to Reuters interviews with a dozen importers, underwriters and customs brokers.

“Managing the cash flow has become tough,” said Wang. If the tariff war drags on, he warns, companies operating with thin profit margins and a weak capital base could go bust.

Wang is the chief executive of Hengli America, which procures supplies from China for customers such as CNH Industrial’s construction and farm equipment units.

After duties on its merchandise surged from zero to $6 million a year, U.S. Customs required Hengli to post a $600,000 bond. Its previous bond was $50,000.

Other importers reported similarly sharp increases.

Lisa Gelsomino, chief executive officer at underwriting firm Avalon Risk Management, said one client recently had to replace a $50,000 bond with one worth $26 million.

The rise in tariffs means that U.S. Customs and Border Protection (CBP) has issued thousands of importers with notices that their bonds are inadequate.

The CBP has issued about 3,500 insufficiency notices since January, it said. That compares to an average of 2,070 notices a year for the period between 2006 and 2017, according to data compiled by Roanoke Insurance Group.

(Graphic on bond insufficiency notices https://tmsnrt.rs/2HwR2IM)

If importers fail to post a new bond within a month of receiving an insufficiency notice, customs officials can hold the cargo and charge additional fees. The CBP has around 224,000 active bonds on file.

No importer can ship goods into the country without posting a customs bond. The bonds are set at 10 percent of the importer’s total estimated annual duties, fees and taxes.

The Trump administration’s 25 percent import tariff on $50 billion of Chinese imported goods, and another 10 percent on $200 billion of imports, has added up. The annual tariff bill on Chinese goods alone stands at $32.5 billion – requiring $3.25 billion in additional customs bonds.

Separately, Washington has levied a 25 percent duty on imports of steel and a 10 percent duty on those of aluminum.

“You are talking millions of dollars that is going out,” said David Meyer, head of customs brokerage and freight logistics company DJS International Services Inc.

“But you don’t have a million dollar tree that you are shaking in your backyard to make sure that you have got that money…it has definitely become a burden for importers.”

More than half of Meyer’s clients have seen at least a tenfold increase in their bond amounts.

SURGING BOND REQUIREMENTS

What is proving painful for some importers has been a bonanza for the firms that underwrite the bonds.

More costly bonds mean higher underwriting fees. They also mean higher collateral requirements. Since underwriters are on the hook if importers fail to pay duties, they want collateral that matches the value of the bond; underwriters usually require 1-1.5 percent of the bond amount to guarantee the bond.

At Roanoke Insurance Group, the workload has increased so much that staff are working on weekends to handle it, said Colleen Clarke, vice president at Roanoke.

In one example, she said, Roanoke required $9 million in collateral from a steel importer that was asked to post a $9 million bond after duties on its imports surged from zero to $90 million a year.

The steel importer also paid $90,000 in premium for the bond. The end result: the importer needed to come up with just over $99 million a year to continue to import $360 million of steel.

That is complicating finances for importers. The trade war has also driven up some raw material, freight and warehousing costs, raising the risks that some importers might default on payment obligations.

“Most of the importers are not used to paying these duties,” said Roanoke’s Clarke. “The risk is – do they have cash infusion from somewhere else to pay these duties?”

Amy Magnus, who heads the National Customs Brokers & Forwarders Association of America, whose members work with over 250,000 importers and exporters, said a client who used to import Canadian steel went bankrupt after his shipments were subjected to a 25 percent tariff. She declined to share more details.

EXPENSIVE LOANS, DELAYED PAYMENTS

Four customs brokers told Reuters that some of their small-size clients had stopped importing goods altogether.

Hengli’s Wang says his cash flow needs have risen fourfold since July, forcing him to delay payments to his Chinese suppliers. In addition to higher costs, he is losing customers – some have switched to cheaper non-Chinese goods suppliers.

Precision Components, whose customers include Fortune 500 companies, imports bearings from China. Since July 6, when U.S. tariffs on bearings imports rose 25 percent, the cost of each container it receives from China has risen by $15,000, said Dave Hull, the firm’s president. The company imports around 40 containers a year.

It has been borrowing on average $200,000 a month since last July to meet its working capital requirements, Hull said, up from around $50,000 prior to that.

What’s more, custom brokers, who sometimes pay duties on behalf of their clients, are demanding quicker repayment, said Jane Sorensen, president of the Chicago Customs Brokers & Forwarders Association.

They are asking importers to repay in 7-10 days, she said, compared with the more typical 30-day time frame.

Bill Sharpe, a customs broker in Chicago, says he has halved his collection time to 15 days. Even so, he worries about the risks of clients defaulting.

“We are having to keep a close eye on all our clients to make sure they don’t turn into a credit risk,” Sharpe said.

(Reporting by Rajesh Kumar Singh; Editing by Simon Webb and Paul Thomasch)

Source: OANN

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Source: InfoWars

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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Cyprus police on Friday widened their search for more victims of a suspected serial killer after the 35-year-old national guard captain told investigators he killed four more people that he previously admitted to on the small Mediterranean nation.

The count now has climbed to seven.

CYPRUS FEARS POSSIBLE SERIAL KILLER AFTER BODIES OF TWO WOMEN ARE DISCOVERED IN MINESHAFT

Authorities said they are focusing on a military firing range, a man-made lake and an abandoned mine about 20 miles west of the capital Nicosia.

Cypriot President Nicos Anastasiades expressed “deep sorrow and concern” at the slayings and said he shared the public’s revulsion at “murders that appear to have selectively targeted foreign women who are in our country to work.”

“Such instincts are contrary to our culture’s traditions and values,” he said in a statement from China, where he was on an official visit. He urged calm so police can complete their investigation.

The scale of the alleged crimes by a Cypriot National Guard captain has horrified the small nation of over a million people, where multiple killings are rare. Five British law enforcement officials — including a coroner, a psychiatrist and investigators who specialize in multiple homicides — have been dispatched to help with the investigation.

On Thursday, the 35-year-old suspect, who can’t yet be named because he hasn’t been formally charged, told investigators that he had killed four more people than he had previously admitted to. Police said the suspect will appear in court Saturday for another custody hearing.

Cypriot investigators and police officers search a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019. Police on the east Mediterranean island nation, along with the help of the fire service, are conducting the search Monday in the wake of last week's discovery of the bodies in the abandoned mineshaft and the disappearance of the six-year-old daughter of one of the victims. 

Cypriot investigators and police officers search a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019. Police on the east Mediterranean island nation, along with the help of the fire service, are conducting the search Monday in the wake of last week’s discovery of the bodies in the abandoned mineshaft and the disappearance of the six-year-old daughter of one of the victims.  (AP)

The victims — all foreigners— include Marry Rose Tiburcio, 38, from the Philippines, whose bound body was found April 14 in a flooded mineshaft. She and her six-year-old daughter had been missing since May of last year.

The girl remains missing and authorities believe she was also slain by the suspect. Divers have entered the reservoir to search for her but have not found her body yet.

CYPRUS: GROUND NOT YET READY FOR PEACE TALKS RESUMPTION 

Authorities tracked down the officer last week by scouring Tiburcio’s online messages.

Six days later, police discovered another body April 20 in the same mineshaft, identified by Cypriot media as 28-year-old Arian Palanas Lozano, also from the Philippines.

A third alleged victim, also of Filipino descent, is 31-year-old Maricar Valtez Arquiola, who had been missing since December 2017. The suspect initially denied killing Arquiola but reversed himself after a court hearing Thursday, a police official said.

The suspect on Thursday also pointed investigators to a military firing range, where they discovered another unidentified body, which according to the suspect belongs to a woman of either Nepalese or Indian descent.

SERIAL KILLER WHO MAY HAVE COMMITTED 90 MURDERS IS LINKED TO YET ANOTHER KILLING 

Cypriot police are also looking for a Romanian mother and daughter. Cypriot media identified them as Livia Florentina Bunea, 36, and eight-year-old Elena Natalia Bunea, who are believed to have been missing since September 2016.

The man-made lake remains off-limits to a manned search because of high levels of toxic heavy metals from the copper pyrite mine, Fire Service Chief Marcos Trangolas said, adding that authorities will use other means to scour the lake.

Chief of Cypriot police Zacharias Chrysostomou, center, walks with Cypriot investigators and police officers at a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019.

Chief of Cypriot police Zacharias Chrysostomou, center, walks with Cypriot investigators and police officers at a flooded mineshaft where two female bodies were found, outside of Mitsero village, near the capital Nicosia, Cyprus, Monday, April 22, 2019. (AP Photo/Petros Karadjias)

Cyprus police have faced criticism from immigrant activists who said they didn’t act fast enough to investigate the whereabouts of some of the victims, many of them domestic workers. The island nation has 80 unsolved missing persons cases, going back to 1990.

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Police chief Zacharias Chrysostomou said a three-member panel has been assigned to probe whether police followed all the correct protocol in recent missing persons cases.

According to the state-run Cyprus News Agency, an investigator had told the court at an earlier hearing that the suspect admitted to killing one woman he met online after having sex with her.

The Associated Press contributed to this report. 

Source: Fox News World

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Venezuelan opposition lawmaker Gilber Caro is seen delivering a speech at a forum on human rights in Caracas
Venezuelan opposition lawmaker Gilber Caro is seen delivering a speech at a forum on human rights in Caracas, Venezuela June 12, 2018 in this still image taken from a video. REUTERS TV/ via REUTERS

April 26, 2019

CARACAS (Reuters) – Venezuela’s opposition-run National Assembly said on Friday that opposition lawmaker Gilber Caro was detained, which it described in a Twitter post as a violation of diplomatic immunity.

Caro had previously spend a year and a half in jail, before being freed in June 2018. The arrest comes as Juan Guaido, the National Assembly’s leader, mounts a challenge to President Nicolas Maduro, arguing his 2018 re-election was illegitimate. Guaido in January invoked the country’s constitution to assume an interim presidency.

(Reporting by Caracas newsroom; Editing by Chizu Nomiyama)

Source: OANN

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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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Arizona Gov. Doug Ducey rejected demands from a secular group to remove posts on social media where he sent Easter greetings and cited a Bible verse, offering to provide copies of the Constitution to his critics.

Ducey, who’s a practicing Catholic, has been bombarded with calls from Secular Communities for Arizona to remove the post, which included a cross, a Bible verse, and the phrase, “He is risen.”

ARIZONA’S GOP GOVERNOR WAGING WAR AGAINST OCCUPATIONAL LICENSING LAWS

The group argued the posts crossed a line into government sponsorship of religious messages and was unconstitutional.

The governor fired back at the group, saying in a tweet that he will never remove the posts or other religious ones.

“We won’t be removing this post. Ever. Nor will we be removing our posts for Christmas, Hanukkah, Rosh Hashanah, Palm Sunday, Passover or any other religious holiday,” he tweeted. “We support the First Amendment, and are happy to provide copies of the Constitution to anyone who hasn’t read it.”

Dianne Post, an attorney for the secular group, told the Arizona Republic “elected officials should not use their government position and government property to promote their religious views.”

LICENSE REQUIRED TO REPAIR DOORS? REGS SPARK HEATED DEBATE IN ARIZONA

She added the courts have repeatedly “struck down symbolism that unites government with religion,” adding that Ducey’s office must “represent and protect the rights of all residents of Arizona, including those who do not believe in a monotheistic God or any gods at all.”

Many congratulated Ducey for not backing down amid the pressure, though some Facebook users sided with the secular group and criticized the governor on his original post.

“Why do you use a government platform to bring up your personal religion?” asked one person. “Are there no citizens in your jurisdiction that believe differently from you?”

Another stipulated that the post was somewhat discriminatory. “Great sensitivity, Doug. That’s the last time this Jew votes for you,” one person wrote.

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Ducey wished in a statement Arizonans last week a “blessed and joyful Easter and Passover weekend.”

The Associated Press contributed to this report.

Source: Fox News Politics

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