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5 killed in shooting in China's Inner Mongolia

Authorities say five people have died in a shooting in China's Inner Mongolia region.

The Kailu county public security bureau said an individual shot and killed five people Monday afternoon before being apprehended by police.

The bureau did not say whether anyone else was injured.

Gun crime is rare in China, where private firearm ownership is almost entirely forbidden. But guns can be purchased on the black market through online dealers.

Regulations introduced in 2014 mandate that police officers carry guns — a change after decades in which Chinese police were unarmed.

Source: Fox News World

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With Brexit, Britain is in crisis and not for the first time

Few would argue that Britain is in what is often referred to as a bit of a pickle. A crisis in fact, undoubtedly of historic proportions.

With the country mired in confusion and recrimination over how to leave the European Union, many of Britain's centuries-old institutions have clogged up, struggling to meet the challenges of Brexit.

Anthony Seldon, the historian and the vice chancellor of the University of Buckingham, calls it the "biggest political and constitutional crisis" to afflict the country in 300 years — since the Glorious Revolution of 1688 when King James II was replaced by the joint monarchy of King William III and Queen Mary II.

A look at some of the other crises that have beset Britain since the end of World War II:

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SUEZ CRISIS

Before Brexit, arguably the biggest crisis of British diplomacy and its standing in the world occurred in 1956 in the Suez Canal, which connects the Mediterranean Sea and the Red Sea. When Egypt's leader, Gamal Abdel Nasser, nationalized the canal, Britain, in secret, along with France and Israel, joined forces to take control of it.

Worried about a potential Soviet intervention, U.S. President Dwight Eisenhower warned the coalition to withdraw. They duly did. Within months, it had spelled the end of Anthony Eden's premiership in Britain. More importantly, it crystallized the moment when Britain realized that its great power status had come to an end.

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PROFUMO SEX SCANDAL

Eden's successor, Harold Macmillan, wasn't the type to get entangled in imperial misadventures. He hastened Britain's decolonization and focused on Europe. However, his premiership was cut short when his Secretary of State for War John Profumo was implicated in a sex-and-spy scandal with showgirl Christine Keeler, who was also having a liaison with a Russian naval attache at the same time.

The scandal, which came at the height of the Cold War, shattered the reputation of Macmillan's government and the prime minister quit in 1963. A year later, the Conservative Party lost power for the first time in 13 years.

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3-DAY WEEK

After surprisingly winning the 1970 election, Conservative Prime Minister Edward Heath sought to tackle the government's increasing reliance on trade unions. However, his premiership was soon overwhelmed by mounting sectarian violence in Northern Ireland, including the "Bloody Sunday" killing of 13 people at a civil rights march in Londonderry in January 1972.

His premiership was cut short two years later when the powerful coal miners went on an overtime ban that wreaked havoc.

In December 1973, following the Yom Kippur War between Israel and Arab nations that saw the OPEC oil cartel quadruple oil prices, Heath declared a state of emergency as the country couldn't meet its energy needs. Heath imposed a three-day working week and speed restrictions. Professional soccer on Sunday, banned in the country for decades, also became a feature for the first time because there wasn't enough energy to power all the floodlights required on the traditional schedule on Saturdays.

Amid all the chaos, Heath called an early election for February 1974, and asked "Who governs Britain?"

Too many said "not you obviously" and Labour returned to power.

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WINTER OF DISCONTENT

The unions continued to shake the political landscape throughout the 1970s. After Britain was bailed out by the International Monetary Fund in 1976, the Labour government sought to work with the unions on getting Britain's economy back to health.

After years of pay restraint, they snapped and there was massive industrial unrest during the winter of 1978-1979 — a period commonly referred to as the Winter of Discontent. The dead lay unburied and the garbage piled up. Britain was, according to many commentators at the time, becoming ungovernable. That was particularly true in Northern Ireland, where the violence continued and spilled over onto the British mainland.

In many ways, the late 1970s has echoes with today's Brexit crisis. The government of then-prime minister, James Callaghan, just like Theresa May's now, was a minority one and faced knife-edge votes to get things done. Eventually, Callaghan lost a vote of confidence and Margaret Thatcher's Conservatives won the ensuing election.

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FALKLANDS WAR

Thatcher became the longest-serving British prime minister of the 20th century, lasting until 1990. But it wasn't pre-ordained that she would be. By 1982, her government was in trouble. The strict monetarist economic medicine she used to bring down inflation had led to interest rates rocketing and unemployment spiking to the previously unimagined 3 million-mark. In 1981, riots erupted across Britain.

In 1982, salvation came from the unlikely source of Argentina. The country's military junta invaded the Falkland Islands in the South Atlantic, a relic of the British Empire. After a little more than two months of conflict, the British prevailed. Thatcher had triumphed and subsequently won two sizeable election victories.

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CURRENCY CRASH

Britain had in 1973 joined what was then called the European Economic Community. By 1992, it had joined the Exchange Rate Mechanism, whereby the pound floated within narrow ranges against other European currencies such as the German Deutsche Mark. It was the precursor to the euro but the experience ended in humiliation for Britain when hedge funds, including the Hungarian billionaire George Soros, betted against the pound — and won.

Sept. 16, 1992 became known as "Black Wednesday" — a day that the British government was vanquished by currency speculators. Though the pound's exit from the ERM heralded a period of strong growth for the British economy, the government of Prime Minister John Major became increasingly divided over Europe. Tony Blair led the Labour Party back into government for the first time in 18 years.

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IRAQ WAR

All went smoothly for Blair — at first. The British economy was in the midst of an unprecedented period of economic growth and peace had finally been achieved in Northern Ireland through 1998's Good Friday Agreement.

But Blair's agenda was overwhelmed by the Sept. 11, 2001 attacks in the U.S. Blair became a close ally of President George W. Bush, and his decision to participate in the war in Iraq alienated many — not least because no weapons of mass destruction were ever found. Blair's reputation has never fully recovered.

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FINANCIAL CRISIS

Blair's successor, post 2007, was Gordon Brown, his long-time Treasury chief. His time at the helm was marked by the global financial crisis, the greatest peacetime shock to afflict the global economy since the depression of the 1930s.

Following the collapse of U.S. investment bank Lehman Brothers in September 2008, the financial crisis went global. Banks around the world, including big U.K. names such as Lloyds and Royal Bank of Scotland, had to be bailed out by the taxpayer. Britain endured its deepest recession since WWII. Though Brown won plaudits for his handling of the crisis, he lost the 2010 general election.

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BREXIT SAGA

Five years later, Prime Minister David Cameron promised to honor one aspect of his Conservative Party's manifesto — a commitment to hold a referendum on Britain's 40-plus-year membership of the EU.

In June 2016, Britain voted for Brexit, and Cameron's successor May has been swamped by the fallout of that decision, in particular how it affects the seamless border between Northern Ireland and Ireland — a mainstay of the Good Friday Agreement that brought peace.

It is arguably the greatest of all Britain's postwar crises.

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Follow AP's full coverage of Brexit at: https://www.apnews.com/Brexit

Source: Fox News World

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CNN: Red States’ Refunds Increasing, Blues Paying Less

Early returns are coming in and President Donald Trump's tax reform has dropped H&R Block  clients' tax liability by almost 25% with red states receiving larger reported increase in tax refunds, CNN reported.

While H&R Block clients in lower-tax red states are seeing the larger increase in refunds, several blue states are getting the largest average tax cuts compared to the prior year, according to data through the end of March.

"They come out better under the new law," tax research analyst Nathan Rigney told CNN. "They get significant rate decreases. They're also not paying AMT [alternative minimum tax], and so they're actually allowed to deduct up to $10,000 SALT [state and local tax] deduction they didn't get any benefit from in the past."

The tax shop's data through the end of March does show average refunds up a mere 1.4% for those who claimed a refund each of the past two years, though, according to the report.

The backlash of the smaller refunds, although taxpayers are overall on the hook for less, has been apparent on social media, according to Rigney.

"It's that expectation, and this is sort of human behavior about loss aversion: We're a lot more likely to feel the pain of a loss than enjoy that small gain, and that's what we're seeing," Rigney told CNN.

While the data suggests otherwise, just 17% think they are paying less taxes, according to a recent NBC News/Wall Street Journal poll, while 28% think they are paying more.

The incomplete data might be skewing the results to date, as many people who claim refunds tend to file before the end of March, while those who are forced to pay tend to file closer to the April 15 deadline, Rigney told CNN.

Source: NewsMax America

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Japan’s Abe expected to visit Trump at the White House

Japan's Prime Minister Shinzo Abe delivers a press conference standing next to the calligraphy 'Reiwa' which was chosen as the new era name at the prime minister's office in Tokyo
Japan's Prime Minister Shinzo Abe delivers a press conference standing next to the calligraphy 'Reiwa' which was chosen as the new era name at the prime minister's office in Tokyo, Japan, April 1, 2019. Franck Robichon/Pool via Reuters

April 17, 2019

WASHINGTON (Reuters) – Japanese Prime Minister Shinzo Abe is expected to meet U.S. President Donald Trump at the White House on April 26, a month ahead of Trump’s planned visit to Tokyo in late May, an administration official said on Thursday.

Trade and U.S.-led efforts to contain North Korea’s nuclear program are likely to be high on the agenda for the meeting.

Abe is one of Trump’s closest allies on the world stage. Japan was the first stop on the president’s November 2017 Asia tour and the two leaders played golf there.

A similar golf outing could be in the offing for Abe’s visit to Washington.

Trump is planning to visit Tokyo in late May to greet Crown Prince Naruhito, who will become emperor on May 1, a day after the abdication of his father, Emperor Akihito.

That visit could include a Trump-Abe visit to a sumo championship.

The White House declined to comment.

(Reporting By Steve Holland; Editing by Bernadette Baum)

Source: OANN

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NBA notebook: Surgery successful for Timberwolves G Rose

FILE PHOTO: NBA: Washington Wizards at Minnesota Timberwolves
FILE PHOTO: Mar 9, 2019; Minneapolis, MN, USA; Minnesota Timberwolves guard Derrick Rose (25) looks on during the second half against the Washington Wizards at Target Center. Mandatory Credit: Jesse Johnson-USA TODAY Sports

March 24, 2019

The Minnesota Timberwolves announced on Saturday that guard Derrick Rose has undergone successful arthroscopic surgery to remove bone chips from his right elbow and will be out indefinitely.

Minnesota had announced two days earlier that Rose wouldn’t play in the final 11 games of the season as the club was well out of the last playoff spot.

Rose had missed the four games prior to that because of a chip fracture and a loose body in his right elbow. He averaged 18.0 points and 4.3 assists in 51 games (13 starts).

Rose, 30, will be a free agent after this season.

–The Chicago Bulls are shutting down injured rookies Wendell Carter Jr. and Chandler Hutchison for the rest of the season, the team announced. The move to shelve both players was posted on Twitter by Bulls executive vice president of basketball operations John Paxson.

Carter, a 6-foot-10 center and first-round pick (seventh overall) out of Duke, hasn’t played since Jan. 15 because of a left thumb injury. He underwent surgery on Jan. 21 to repair the ulnar collateral ligament.

Hutchison, a forward who has an injury to his right toe, was the 22nd overall pick of the 2018 draft by the Bulls out of Boise State.

–Los Angeles Lakers guard Lonzo Ball said he no longer is working with a family friend after $1.5 million from Ball’s personal and business bank accounts apparently remains missing.

The second-year player told ESPN that the man, Alan Foster, “used his access to my business and personal finances to enrich himself. As a result, I have decided to sever all ties with Alan, effective immediately.”

Foster owns 16.3 percent of the family’s Big Baller Brand and also has managed the family companies. He met the Balls about a decade ago through his son, who became friends with Lonzo Ball in seventh grade. Family patriarch LaVar Ball has said it was Foster’s idea to launch the Big Baller.

–Veteran forward Donatas Motiejunas may be back in Texas with the NBA soon, this time with the San Antonio Spurs, according to ESPN’s Adrian Wojnarowski.

The 28-year-old Lithuanian native last played in the NBA in 2017 for the New Orleans Pelicans and was a member of the Houston Rockets from 2012-16. He was the No. 20 overall pick in the 2011 NBA Draft by the Minnesota Timberwolves, who traded his draft rights to the Houston the following day.

In 248 career NBA games, Motiejunas averaged 7.4 points, 3.8 rebounds and 1.1 assists and shot 46.9 percent from the field.

–The Boston Celtics are bringing back a familiar face, signing center Greg Monroe to a 10-day deal, according to Shams Charania of The Athletic.

Monroe, 28, averaged just 11.1 minutes in 38 games (two starts) for the Toronto Raptors this season, tallying 4.8 points and 4.1 rebounds per contest, but was traded to the Brooklyn Nets in February in exchange for cash considerations. The Nets then waived the ninth-year veteran.

A lottery pick (seventh overall) by Detroit in 2010, Monroe played with the Pistons, Milwaukee Bucks, Phoenix Suns and Boston Celtics before signing a one-year, $2.2 million deal with Toronto as a free agent in August 2018.

–Field Level Media

Source: OANN

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NH Poll: Buttigieg in Third Behind Biden, Sanders

Surprise presidential candidate Pete Buttigieg is gaining ground on political heavyweights Bernie Sanders and Joe Biden, at least in New Hampshire, according to a poll released Wednesday.

The 37-year-old longtime South Bend, Indiana, mayor has the support of 10.7 percent of likely Democratic primary voters, compared with 23 percent for former Vice President Biden and 15.6 percent for Sen. Sanders, I-Vt.

"Right now, it looks like the battle in New Hampshire is all about two familiar faces," said Neil Levesque of the New Hampshire Institute of Politics.

"This is very surprising," Levesque said of Buttigieg in third. "He's now in third place in New Hampshire, and he came from relative obscurity. And he's gone up an astounding 33 percent with his favorability, so Pete Buttigieg is somebody to watch."

Sanders is running for a second consecutive time, while Biden has yet to announce a bid for the 2020 race, though he is leaning toward running.

Buttigieg has only announced an exploratory committee, a step short of an actual presidential campaign.

Source: NewsMax Politics

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Euro still in favor, but downside risks prevail: Reuters poll

FILE PHOTO: An employee counts Euro bills at a money exchange office in central Cairo
FILE PHOTO: An employee counts Euro bills at a money exchange office in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany

April 5, 2019

By Hari Kishan and Shrutee Sarkar

BENGALURU (Reuters) – The euro will rebound from its worst start to a year since 2015 to gain over the coming 12 months, according to a Reuters poll of analysts, although they warned that risks to that view were skewed to the downside.

Having lost nearly 4.5 percent against the dollar in 2018, the euro has not fared any better so far this year, falling more than 2 percent in January-March — its worst first-quarter performance in four years.

That was mostly driven by weak growth and inflation prospects for the region, which pushed the European Central Bank to rule out any rate hikes this year and announce new long-term cheap loans, known as TLTROs.

But the poll of more than 75 currency analysts taken this week showed the euro will reverse that trend and gain about 5 percent in a year, to $1.18 from around $1.12 on Thursday.

The single currency began to rise at the start of April on news that talks on trade between the United States and China appeared to be making headway.

“While Europe remains impacted by external trade concerns, assuming an easing in China-U.S. trade tensions into H2 and a resulting turn in external data, we look for a stronger medium-run euro profile,” said Jeremy Stretch, head of G10 FX strategy at CIBC Capital Markets.

“The introduction of fresh TLTROs helps to alleviate a potential cliff in funding costs for euro zone banks, while increased fiscal stimulus will also be supportive for the euro.”

Economic data out of the euro zone in recent weeks has given few reasons to be optimistic, but the U.S. economy is also experiencing a slowdown, which has forced the Federal Reserve to make a U-turn on policy.

The Fed’s “dot plot” projections now suggest no hikes in 2019 compared with two predicted in December, with economists in a separate Reuters poll ruling out any tightening next year too.

“We don’t expect the ECB to be dynamic when it comes to interest rate hikes. But we see an end to interest rate hikes in the U.S., so the momentum will turn sometime in the future … in favor of the euro,” said Dekabank economist Christian Melzer.

This survey marks the 20th consecutive poll in which analysts have predicted the euro will gain over the 12-month forecast horizon, but during that period it has lost close to 5 percent against the dollar.

The latest consensus was the lowest since a poll in September 2017 and the range of forecasts showed lower lows for the single currency for the second survey in a row.

Over 65 percent of analysts who answered an extra question said the risk to their euro forecasts for the coming year was skewed more to the downside.

“There may be a little bit more downside to go on the euro to reflect the weakness of the euro zone economy, the impact of political uncertainty also the more dovish bias of the ECB,” said Jane Foley, head of FX strategy at Rabobank.

However, analysts were less clear about the dollar.

Respondents were split right down the middle when asked if the risk to their dollar forecasts was skewed more to the upside or downside.

“There’s nothing like as much gloom, yet, about the U.S. as there is about Europe, so no wonder the euro is anchored firmly to the bottom of its trading range,” said Kit Juckes, global head of FX strategy at Societe Generale.

“If you’re a U.S. economic pessimist who wants to be a dollar bear, my best recommendation is that you go back into hibernation for a little longer!”

Although most major economies are expected to experience a protracted economic slowdown, the United States is likely to be relatively stable, which should keep the dollar in play.

“We are in the battle of uglies now when it comes to fundamentals and the dollar is probably just the least ugly.” said Rabobank’s Foley.

(Polling by Indradip Ghosh and Mumal Rathore; Editing by Catherine Evans)

Source: OANN

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FILE PHOTO: Supporters of the Spain's far-right party VOX wave Spanish flags as they attend an electoral rally ahead of general elections in the Andalusian capital of Seville
FILE PHOTO: Supporters of the Spain’s far-right party VOX wave Spanish flags as they attend an electoral rally ahead of general elections in the Andalusian capital of Seville, Spain April 24, 2019. REUTERS/Marcelo del Pozo/File Photo

April 26, 2019

By John Stonestreet and Belén Carreño

MADRID (Reuters) – Spain’s Vox party, aligned to a broader far-right movement emerging across Europe, has become the focus of speculation about last minute shifts in voting intentions since official polling for Sunday’s national election ended four days ago.

No single party is anywhere near securing a majority, and chances of a deadlocked parliament and a second election are high.

Leaders of the five parties vying for a role in government get final chances to pitch for power at rallies on Friday evening, before a campaign characterized by appeals to voters’ hearts rather than wallets ends at midnight.

By tradition, the final day before a Spanish election is politics-free.

Two main prizes are still up for grabs in the home straight. One concerns which of the two rival left and right multi-party blocs gets more votes.

The other is whether Vox could challenge the mainstream conservative PP for leadership of the latter bloc, which media outlets with access to unofficial soundings taken since Monday suggest could be starting to happen.

The right’s loose three-party alliance is led by the PP, the traditional conservative party that has alternated in office with outgoing Prime Minister Pedro Sanchez’s Socialists since Spain’s return to democracy in the 1970s.

The PP stands at around 20 percent, with center-right Ciudadanos near 14 percent and Vox around 11 percent, according to a final poll of polls in daily El Pais published on Monday.

Since then, however, interest in Vox – which will become the first far-right party to sit in parliament since 1982 – has snowballed.

It was founded in 2013, part of a broader anti-establishment, far-right movement that has also spread across – among others – Italy, France and Germany.

While it is careful to distance itself from the ideology of late dictator Francisco Franco, Vox’s signature policies include repealing laws banning Franco-era symbols and on gender-based violence, and shifting power away from Spain’s regional governments.

TRENDING

According to a Google trends graphic, Vox has generated more than three times more search inquiries than any other Spanish political party in the past week.

Reasons could include a groundswell of vocal activist support at Vox rallies in Madrid and Valencia, and its exclusion from two televised debates between the main party leaders, on the grounds of it having no deputies yet in parliament.

Conservative daily La Vanguardia called its enforced absence from Monday’s and Tuesday’s debates “a gift from heaven”, while left-wing Eldiario.es suggested the PP was haemorrhaging votes to Vox in rural areas.

Ignacio Jurado, politics lecturer at the University of York, agreed the main source of additional Vox votes would be disaffected PP supporters, and called the debate ban – whose impact he said was unclear – wrong.

“This is a party polling over 10 percent and there are people interested in what it says. So we lose more than we win in not having them (in the debates),” he said

For Jose Fernandez-Albertos, political scientist at Spanish National Research Council CSIC, Vox is enjoying the novelty effect that propelled then new, left-wing arrival Podemos to 20 percent of the vote in 2015.

“While it’s unclear how to interpret the (Google) data, what we do know is that it’s better to be popular and to be a newcomer, and that Vox will benefit in some form,” he said.

For now, the chances of Vox taking a major role in government remain slim, however.

The El Pais survey put the Socialists on around 30 percent, making them the frontrunners and likely to form a leftist bloc with Podemos, back down at around 14 percent.

The unofficial soundings suggest little change in the two parties’ combined vote, or the total vote of the rightist bloc.

That makes it unlikely that either bloc will win a majority on Sunday, triggering horse-trading with smaller parties favoring Catalan independence – the single most polarizing issues during campaigning – that could easily collapse into fresh elections.

(Election graphic: https://tmsnrt.rs/2ENugtw)

(Reporting by John Stonestreet and Belen Carreno, Editing by William Maclean)

Source: OANN

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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