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Cher blasts ‘thug’ Trump after it appeared they reached a common ground

Well, that didn't last.

Cher called President Trump an “ignorant thug” with a “lizard brain that guarantees his survival above all else” Monday in an attempt to reject praise from the president on her Twitter post in which she implied Los Angeles is overlooking homeless veterans to handle immigration issues.

TRUMP SIDES WITH CHER AFTER STAR QUESTIONS LA'S ABILITY TO ‘TAKE CARE OF ITS OWN’ AMID IMMIGRATION DEBATE

The 72-year-old pop culture icon and Los Angeles native clarified that she does not agree with Trump’s immigration policies, but that she instead, agrees that Democrats “still don’t get it” and that Trump is “playing butcher your enemies” and “create constant mayhem” in the realm of politics.

“I Understand Helping struggling Immigrants,but MY CITY (Los Angeles) ISNT TAKING CARE OF ITS OWN.WHAT ABOUT THE 50,000+Citizens WHO LIVE ON THE STREETS.PPL WHO LIVE BELOW POVERTY LINE,& HUNGRY? If My State Can’t Take Care of Its Own(Many Are VETS)How Can it Take Care Of More,” Cher wrote Sunday afternoon.

Trump responded to the Tweet, saying “I finally agree with @cher.” The president’s son, Donald Trump Jr., also reposted Cher’s tweet to his Instagram account, writing: “Welcome to the Republican Party Cher!!!”

California is home to the highest number of homeless veterans, according to the Department of Housing and Urban Development. Los Angeles has the second largest homeless population in the nation, just below that of New York City.

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Fox News’ Bradford Betz contributed to this report.

Source: Fox News Politics

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The Latest: Twin bombings rock Syria's Idlib

The Latest on the Syria conflict (all times local):

3:15 p.m.

Syrian opposition activists and paramedics say two bomb blasts in the northwestern city of Idlib have inflicted casualties.

The Britain-based Syrian Observatory for Human Rights said the blasts in the Qusour neighborhood during rush hour wounded about 30 people. It said there were unconfirmed reports of deaths.

The Local Coordination Committees and the Syrian Civil Defense, a group of first responders, also reported casualties. The bombs went off in the same area, just seconds apart.

The city of Idlib is controlled by al-Qaida-linked Hayat Tahrir al-Sham, which has wide influence in northern Syria.

The city has been hit with bombings in recent months that killed or wounded scores of people.

The Observatory and the Syrian Civil Defense earlier reported government shelling of rebel-held towns south of Idlib, saying several people were wounded.

___

12:30 p.m.

More than 300 Islamic State militants who are holed up in a tiny area in eastern Syria are refusing to surrender to U.S.-backed Syrian forces and are trying to negotiate an exit.

A person familiar with the negotiations says the militants are asking for a corridor to the rebel-held northwestern province of Idlib. He spoke on condition of anonymity because he was not authorized to speak about the talks, which he described as taking place indirectly.

The Britain-based Syrian Observatory for Human Rights, an activist group that monitors the civil war in Syria, says another request by the Islamic State group to be evacuated to neighboring Iraq was also rejected.

The militants are making their last stand in eastern Syria, hiding among hundreds of civilians.

Source: Fox News World

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FDA pulls up Walmart, Kroger, others for selling tobacco to minors

A Walmart sign is pictured at one of their stores in Mexico City
FILE PHOTO: A Walmart sign is pictured at one of their stores in Mexico City, Mexico March 28, 2019. REUTERS/Edgard Garrido

April 13, 2019

(Reuters) – The U.S. Food and Drug Administration (FDA) said on Friday it has sent letters to Walmart Inc, Kroger Co and 10 other convenience store chains for selling tobacco products to minors.

In the letters, dated April 5, the FDA asked the companies to submit a plan of action within 30 days, describing how they will address and mitigate illegal sales to minors.

The 10 other retail chains include Casey’s General Store, Family Dollar Stores, 7-Eleven Inc and retail stores run by Chevron Corp, Royal Dutch Shell Plc, Exxon Mobil Corp, Citgo, Marathon Petroleum, Sunoco LP, and BP Plc. (https://bit.ly/2Rf82Ve)

“We all share the important responsibility of keeping harmful and addictive tobacco products out of the hands of kids. Retailers in particular are on the frontlines of these efforts to reduce the health consequences of tobacco use and nicotine dependence,” the FDA said in the letter.

The FDA has rolled out a Youth Tobacco Prevention Plan as part of its push to discourage teens from smoking.

“The new retailer letters are part of #FDA’s continued actions as part of its Youth Tobacco Prevention Plan and the agency’s ongoing commitment to combat youth access to all tobacco products, including e-cigarettes,” FDA spokesperson Jennifer Rodriguez said on Twitter https://twitter.com/FDASpox/status/1116781622412685313.

In February, the regulator said it was taking action against certain retailers including Walgreen Boots Alliance for repeatedly flouting tobacco sale rules, including sale of cigars and menthol cigarettes to minors.

None of the 12 companies were available for comment after market hours on Friday.

(Reporting by Sayanti Chakraborty and Ismail Shakil in Bengaluru; Editing by Sandra Maler)

Source: OANN

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All of Fed’s 12 regional banks backed steady discount rate: minutes

FILE PHOTO: A police officer keeps watch in front of the U.S. Federal Reserve in Washington
FILE PHOTO: A police officer keeps watch in front of the U.S. Federal Reserve building in Washington, DC, U.S. on October 12, 2016. REUTERS/Kevin Lamarque/File Photo

February 26, 2019

WASHINGTON (Reuters) – All 12 of the U.S. Federal Reserve’s regional banks voted in January to hold steady the interest rate commercial banks are charged for emergency loans, minutes from discussions showed on Tuesday.

The unanimous vote to keep the Fed’s discount rate at 3 percent is a sign of the deep caution pervading the U.S. central bank.

The Fed signaled on Jan. 30 that it was putting on hold plans for future rate hikes given worries about a global economic slowdown and tense U.S. trade negotiations with China. Policymakers in recent weeks have stressed they will be patient on rate policy.

At a Jan. 22 meeting of the Fed’s Board of Governors, officials discussed the economic outlook and the views on discount rate policy submitted by the Fed’s regional bank directors.

“The directors judged that maintaining the current stance of monetary policy was appropriate for the time being in order to assess whether incoming data remained consistent with the outlook,” according to the minutes of the meeting.

The Fed’s governors appeared to echo that view: “No sentiment was expressed by the Board at today’s meeting for changing the primary credit rate at this time.”

A month earlier, the Fed had raised its benchmark overnight lending rate to a range of 2.25 to 2.50 percent while signaling future rate hikes were also likely.

(Reporting by Jason Lange; Editing by Andrea Ricci)

Source: OANN

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Obama administration ‘did not do itself proud’ on Russia probe, Examiner editor says

Washington Examiner chief political correspondent Byron York said the Obama administration “did not do itself proud” when it came to dealing with the Russian interference during and in the aftermath of the 2016 presidential election.

“The Obama administration was pretty energetic and looking at what the Trump campaign might've been doing during the campaign but not as energetic into actually looking at or stopping what the Russians were doing,” York told “Special Report with Bret Baier.”

TRUMP RAILS AGAINST ASSOCIATES WHO SPOKE TO MUELLER, CLAIMS 'TOTAL BULL---T'

“Remember, we certainly knew by the time of the first WikiLeaks disclosures during the Democratic National Convention, we knew who was behind this. And the Obama administration did not do itself proud in this.”

Thursday’s release of Special Counsel Robert Mueller's report on Russia’s attempt to interfere during the 2016 elections brought focus to how the Obama administration confronted meddling, an issue President Trump himself raised on Thursday.

"Anything the Russians did concerning the 2016 Election was done while Obama was President," Trump tweeted. "He was told about it and did nothing! Most importantly, the vote was not affected."

York also commented on potential information that could be gained from the investigation into how the Russia query began.

MARY ANNE MARSH: OBAMA DIDN'T DO ENOUGH ON RUSSIA

“Mueller didn't even release what’ called the scope memo, the Aug. 2 memo that Rod Rosenstein wrote to Robert Mueller expanding his assignment, and we still do not know what he was actually investigating. So yeah, there’s a lot left,” York said.

Fox News' Sam Dorman contributed to this report.

Source: Fox News Politics

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U.S. election commission fines Jeb Bush Super PAC, Chinese company

Jeb Bush, former Governor of Florida, speaks during the Milken Institute Global Conference in Beverly Hills, California
Jeb Bush, former Governor of Florida, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Mike Blake

March 11, 2019

By Ginger Gibson

WASHINGTON (Reuters) – The federal election oversight agency has levied a record fine against the Super PAC that backed former presidential hopeful Jeb Bush, who ran as a Republican in 2016, and a Chinese-owned corporation, according to a watchdog group that filed the initial complaint.

The Campaign Legal Center had asked the Federal Election Commission (FEC) to impose sanctions in 2016, after The Intercept reported that American Pacific International Capital, Inc (APIC) had made $1.3 million in contribution to the Right to Rise PAC.

APIC released a statement saying they are a U.S company and voluntarily agreed to the settlement with the FEC.

“The Commission expressly acknowledged that the company did not knowingly or willfully violate any U.S. campaign finance laws,” APIC said in a statement provided to Reuters. “American Pacific International Capital remains committed to compliance with all campaign finance laws and regulations.”

The Campaign Legal Center, however, called it a victory for transparency.

“Today’s action is a rare and remarkable step by the FEC, and a reminder that safeguarding our elections against foreign interference is in America’s vital national security interests,” said Campaign Legal Center President Trevor Potter.

The FEC alleges that two Chinese citizens, Gordon Tang and Huaidan Chen, who are prohibited from making campaign donations, funneled their contributions through APIC to avoid detection.

APIC was fined $550,000 for making the contributions and Right to Rise was fined $390,000 for soliciting a foreign national contribution.

Federal law prohibits foreign nationals or foreign companies from contributing to U.S. political campaigns or candidates.

The documents released by the Campaign Legal Center do not implicate Bush, who spent months before formally launching his campaign fundraising for the Right to Rise PAC.

Right to Rise spent millions trying to help elect Bush president. He ultimately lost the Republican nominating contest to Donald Trump.

The PAC was dissolved after Bush was defeated. A representative could not be contacted for comment.

(Reporting by Ginger Gibson; editing by Jonathan Oatis)

Source: OANN

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Rep. Al Green after Mueller findings released: 'Impeachment is not dead'

Rep. Al Green, the Texas Democrat who has pushed to impeach President Trump every year that the commander-in-chief has been in office, said Sunday that "impeachment is not dead," despite findings from Special Counsel Robert Mueller's probe showing the Trump campaign did not collude with Russia.

The congressman tweeted that Mueller's report, which was submitted on Friday and the key findings of which were released Sunday, "did NOT investigate bigotry emanating from the Presidency harming our country."

He continued: "The findings do NOT negate the President’s bigotry. As long as bigotry influences the President’s policies, I will continue to seek his impeachment. #ImpeachmentIsNotDead."

READ THE MUELLER REPORT FINDINGS

Green's sentiment echoed what he told Fox News' Neil Cavuto on  “Your World with Neil Cavuto” earlier this month — that "bigotry is impeachable."

The Democrat said during his interview that he planned to force an impeachment vote against Trump, despite a lack of support from House Speaker Nancy Pelosi, D-Calif.

“It’s not about any one person, it’s really about the concept of ‘government of the people, by the people, for the people’ and the notion that we have a democracy. And, within this democracy, our Constitution accords this right to bring impeachment to the floor for every member of our caucus," Green said.

On the first day of the new Congress this year, Green and Rep. Brad Sherman, D-Calif., introduced articles of impeachment against the president. The pair also pushed for impeachment in 2017 and 2018, to no avail.

SCHIFF SAYS THERE IS STILL 'SIGNIFICANT EVIDENCE OF COLLUSION,' PLANS TO SUBPOENA TO SEE MUELLER REPORT

Key findings of Mueller's report were released on Sunday by Attorney General William Barr, who wrote a four-page summary of the report's "principal conclusions."

According to Barr, the special counsel's office "did not find that the Trump campaign, or anyone associated with it, conspired or coordinated" with Russians who worked on hacking efforts hoping to sway the 2016 presidential election "despite multiple offers from Russian-affiliated individuals to assist the Trump campaign."

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The nearly two-year-long investigation "did not draw a conclusion" on whether Trump obstructed justice, but did hand over the responsibility of determining "whether the conduct described in the report constitutes a crime" to the attorney general's office.

Barr stated that "while this report does not conclude that the President committed a crime, it also does not exonerate him."

Fox News' Victor Garcia contributed to this report.

Source: Fox News Politics

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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