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Trump to OPEC: 'Relax,' Oil Prices Already Too High

U.S. President Donald Trump on Monday expressed concern about oil prices and repeated his previous calls on the Organization of the Petroleum Exporting Countries (OPEC) to keep prices steady.

On Monday, oil prices edged up amid political uncertainty and sanctions and involuntary curbs on several producers but could face pressure from continued anxiety over the global economy and record U.S. exports.

"Oil prices getting too high. OPEC, please relax and take it easy. World cannot take a price hike - fragile!" Trump tweeted. The Trump administration has sanctioned crude from Iran and Venezuela.

OPEC members and non-OPEC producers such as Russia are leading efforts to rebalance the market and support oil prices.

Trump, who has made the U.S. economy one of his top issues, has repeatedly tweeted about oil prices and OPEC, airing complaints about higher prices, including ahead of the organizations meeting in December.

Source: NewsMax Politics

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Defying threats, Afghan singer Aryana comes home for women

Afghan singer Aryana Sayeed is pictured at Intercontinental Hotel in Kabul
Afghan singer Aryana Sayeed is pictured at the Intercontinental Hotel in Kabul, Afghanistan March 8, 2019. REUTERS/Omar Sobhani

March 16, 2019

By Orooj Hakimi and Rod Nickel

KABUL, Afghanistan (Reuters) – Each time Aryana Sayeed, one of Afghanistan’s most famous singers, returns to the country of her birth, she braves threats and endures scrutiny right down to her choice of clothes.

Still, she returns often, as much to encourage women in a restrictive country as to share her music, a mix of pop and traditional songs.

“It’s really hard for me as a female singer to carry on with my work in Afghanistan with the type of pressure that I have on my mind, the threats that I get on a regular basis, the attacks on social media,” she said in an interview in Kabul.

“I get messages, scary ones actually.”

Aryana, as she is usually known, had just finished performing last week on Afghan Star, a televised singing competition.

In 2017, Aryana enraged conservative Afghans when she was photographed wearing a self-colored dress at a Paris concert. Clerics threatened that she would be killed if she returned to perform a scheduled concert in Kabul.

She performed anyway.

“People love to hear her voice. But they don’t love her,” said filmmaker Sadam Wahidi, who is working on a documentary about Aryana, who is often compared to Hollywood reality star Kim Kardashian.

Aryana’s success in Afghanistan and among Afghans living abroad illustrates how much the treatment of women has changed since the 2001 ouster of the Taliban by U.S.-led forces. But the vitriol she draws shows how intractable some attitudes remain.

Born in Kabul, she fled Afghanistan’s civil war at age 8 with her family, stopping in Pakistan, then Switzerland. After the family’s asylum case was rejected, they hired a smuggler to get to London, and settled down.

Aryana, 34, now splits her time between Kabul and Istanbul.

‘SO SCARY’

In her home city, Aryana travels by armored vehicle, but more often she lives in isolation.

“I’m basically a prisoner in my own room,” she said. “All I do is go to my room and back to the set and record the show.”

Women have gained the right to work and girls can attend school since the Taliban government fell.

It is a stark contrast to life under the hardline Islamists, when women were banned even from appearing in public without a male relative or with faces uncovered. Playing musical instruments was also forbidden.

Still, rural Afghanistan remains more conservative than the cities, and many people object to Aryana’s clothing and her promotion of women’s rights.

“Aryana Sayeed’s concerts are not in accordance with our society and Islam,” said Layeq Khan Wahdat, 26, a resident of Paktika province. “Dress-up like this can promote prostitution and seduction.”

Aryana’s latest return to Afghanistan came as the United States discusses peace with the Taliban to end the 17-year war. The prospect of re-integration of the Taliban is chilling to the singer.

“That’s so scary even to think about it,” she said. “I don’t want to accept that this is my last concert. If they come with the same mindset, I’m afraid the rights of women will be taken away from them again.”

The Taliban have said their return to Afghan society would be less harsh and that they do not oppose women’s education or employment; however they are against women wearing “alien culture clothes.”

At her Afghan Star performance, Aryana wore a tight-fitting white jumpsuit and cape, with no headscarf.

TOLO TV, Afghanistan’s largest private station that airs the singing show, closely cropped images of her in the outfit to display her only from the chest up.

Several hundred young women wearing headscarves watched in the studio audience admiringly and dozens mobbed her afterwards for photos.

“The Taliban are always trying to cut off the voices of women,” said a teenage girl, 17. “But it was Aryana Sayeed who taught us that ‘you are not weak’.”

(Reporting by Orooj Hakimi and Rod Nickel in Kabul; additional reporting by Hameed Farzad; Editing by Robert Birsel)

Source: OANN

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Russia eases citizenship rules in Ukraine separatist areas, drawing swift rebuke from president-elect

Days after Ukrainians took to the polls to elect a comedian and actor as its new president, the Russian bear is already roaring.

Russian President Vladimir Putin signed a decree on Wednesday that would make it easier for people living in parts of Ukraine held by Russia-backed separatists to fast-track passport applications, drawing a swift rebuke from the president-elect.

The decree, which was published on the Kremlin's website, states that some residents in the parts of Ukraine's Donetsk and Luhansk regions that are under separatist control will have their passport applications considered in less than three months. Those granted Russian citizenship would have to swear allegiance to Russia.

Putin claimed the new law was "purely a humanitarian issue," claiming people in Donetsk and Luhansk are suffering and "have no civil rights left." He told lawmakers in St. Petersburg he had "no desire to create problems for the new Ukrainian leadership."

Only holders of ID cards issued by separatist authorities will be eligible for the expedited procedure offered by Putin. Separatist authorities said Wednesday that they had issued about 300,000 such ID cards in the area with an estimated population of 3.7 million.

UKRAINE PRESIDENTIAL VOTE WON BY COMEDIAN AND ACTOR VOLODYMYR ZELENSKIY IN LANDSLIDE

Ukrainian officials urged residents in the separatist regions to not apply for Russian passports and asked the European Union to take "prompt and decisive" action, according to Reuters.

A Ukrainian serviceman makes smokescreen against military drones at a position near the front line as the conflict continues, in Mariinka, Donetsk region, eastern Ukraine, Saturday, April 20, 2019.

A Ukrainian serviceman makes smokescreen against military drones at a position near the front line as the conflict continues, in Mariinka, Donetsk region, eastern Ukraine, Saturday, April 20, 2019. (AP Photo/Evgeniy Maloletka)

The office of new Ukrainian President Volodymyr Zelenskiy said the ultimate goal remains to achieve peace, but the latest action by Russia showed “another evident confirmation for the world community of Russia’s true role as an aggressor state, which is waging a war against Ukraine."

MIKHEIL SAAKASHVILI: UKRAINE'S PRESIDENTIAL ELECTION SHOULD SEND A CLEAR MESSAGE TO EVERY POLITICIAN

Outgoing President Petro Poroshenko called Putin's decree "yet another unprecedented act of Russian interference in Ukrainian affairs" and accused Moscow of undermining the peace process.

Poroshenko lost Sunday's runoff election by huge margins to comedian-actor Zelenskiy, who is set to be sworn in next month. Zelenskiy, who played his country's president on television, has said his priority as president is ending the war in the east.

Putin's decision could trigger a major escalation of the war that started in eastern Ukraine in 2014 and shatter hopes for peace in the area.

CLICK HERE FOR THE FOX NEWS APP

Oleksandr Turchynov, secretary of the Ukrainian National Security and Defense Council, said on Wednesday that "Putin is laying the legal groundwork" for an overt offensive in the east, where clandestine Russian troops led rebel offensives in 2014 to 2015. Turchynov referred to a Russian law which allows the use of force to protect Russian nationals abroad.

A Ukrainian serviceman guards a position near the front line as the conflict continues, in Mariinka, Donetsk region, eastern Ukraine, Saturday, April 20, 2019. The conflict in eastern Ukraine has killed more than 13,000 people since 2014.

A Ukrainian serviceman guards a position near the front line as the conflict continues, in Mariinka, Donetsk region, eastern Ukraine, Saturday, April 20, 2019. The conflict in eastern Ukraine has killed more than 13,000 people since 2014. (AP Photo/Evgeniy Maloletka)

After annexing Crimea in a hastily called 2014 referendum, Russia threw its weight behind separatist rebels in eastern Ukraine but stopped short of recognizing their independence vote. Ukraine and almost all the world views Russia's annexation of Crimea as illegal.

The Associated Press contributed to this report.

Source: Fox News World

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Union Pacific profit rises 6.2 percent

A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle
FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren

April 18, 2019

(Reuters) – Union Pacific Corp on Thursday reported a 6.2 percent rise in quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest.

The Omaha, Nebraska-based company’s net income rose to $1.4 billion, or $1.93 per share, in the first-quarter ended March 31 from $1.31 billion, or $1.68 per share, a year earlier.

Total operating revenue fell to $5.4 billion from $5.5 billion.

(Reporting by Rachit Vats in Bengaluru)

Source: OANN

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MSNBC’s Joe Scarborough slams ‘political hack’ William Barr, says his reputation has been ‘sullied’

MSNBC’s Joe Scarborough declared Attorney General William Barr’s reputation has been “sullied” just hours before he addressed the media regarding Special Counsel Robert Mueller's report, saying it’s time to rethink the process how attorney generals are picked.

“He does something once again that is going to scuff up his reputation. Absolutely his reputation is shot,” Scarborough said of Barr’s handling of the release of the Mueller report, also describing him as a “political hack” and no longer “a respected legal mind.”

“Here’s a guy that served in Washington for 30 years, had the respect of Republicans — he won’t get his reputation back. It’s shot. Sullied, the way he’s handled himself.”

“Here’s a guy that served in Washington for 30 years, had the respect of Republicans — he won’t get his reputation back. It’s shot. Sullied, the way he’s handled himself.”

— Joe Scarborough

AG WILLIAM BARR SPEAKS ABOUT MUELLER REPORT AHEAD OF ITS RELEASE -- LIVE BLOG

Scarborough’s remarks came ahead of the release of the report detailing findings from the two-year investigation into the Trump campaign and the Russia government’s efforts to interfere in the 2016 presidential election.

The MSNBC host later went on to suggest that Barr’s behavior should lead to a change in how attorney generals are picked.

WHAT TIME WILL THE MUELLER REPORT BE RELEASED? WHAT TO KNOW ABOUT THE DOCUMENT DUMP

“We’ve seen the breaching of norms and political norms and it seems bizarre at this point that a president should be able to select their own attorney general, who can decide how the investigations are run against them.”

Democrats and media figures criticized Barr for announcing a press conference before the actual release of the document and for briefing the administration on Wednesday about some of the contents of the report.

CLICK TO GET THE FOX NEWS APP

Barr’s summary of the report states that the Special Counsel investigation didn’t find evidence that the Trump campaign colluded with Russia in a bid to elect President Trump.

Source: Fox News Politics

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HSBC’s 2018 profit misses estimates; China weakness poses growth risks

FILE PHOTO: The HSBC bank logo at the bank's Canary Wharf offices
FILE PHOTO: The HSBC bank logo at the bank's offices in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo

February 19, 2019

HONG KONG/LONDON (Reuters) – HSBC Holdings Plc posted on Tuesday a 15.9 percent rise in 2018 profit, supported by business growth in its core markets of Asia and Britain, but market weakness in the fourth quarter resulted in the bank missing street estimates.

An economic slowdown in China, the world’s second-largest economy, poses a challenge to the bank’s strategy of pouring more resources into Asia where it already makes over three quarters of its profits.

HSBC reported a profit before tax of $19.9 billion for 2018 compared with $17.2 billion the year before. The profit for the year, however, was below an average estimate of $22 billion, according to Refinitiv data based on forecasts from 17 analysts.

Europe’s biggest bank by market capitalization said it would pay a full-year dividend of $0.51 per share, roughly in line with analysts’ expectations. The bank was confident of maintaining the dividend at this level, it said.

“Despite more challenging market conditions at the end of the year and a weaker global economic outlook, we are committed to the targets we announced in June,” HSBC CEO John Flint said in the statement.

In the first public outlining of his strategy at the helm of HSBC, Flint had said in June that HSBC would invest $15-$17 billion in the next three years in areas including technology and China, while keeping profitability and dividend targets little changed.

“We will be proactive in managing costs and investment to meet the risks to revenue growth where necessary, but we will not take short-term decisions that harm the long-term interests of the business.”

China’s economic growth slowed to 6.6 percent in 2018, the weakest in 28 years, weighed down by rising borrowing costs and a clampdown on riskier lending that starved smaller, private companies of capital and stifled investment.

Flint, who completed his first year in charge of the lender, said that the bank remained alert to the downside risks of the current economic environment, global trade tensions and the future path of interest rates.

The lender’s core capital ratio, a key measure of financial strength, fell to 14 percent at end-December from 14.5 percent at the end of 2017, mainly due to adverse foreign exchange movements, it said in the statement.

(Reporting By Sumeet Chatterjee and Lawrence White; additional reporting by Alun John in Hong Kong; Editing by Himani Sarkar and Muralikumar Anantharaman)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said trade talks with China are going very well, as the world’s two largest economies seek to end talks with a trade agreement to defuse tensions.

Trump said on Thursday he would soon host China’s President Xi Jinping at the White House.

Earlier this week, the White House said that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer would travel to Beijing for more talks on a trade dispute marked by tit-for-tat tariffs between the two countries.

(Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday praised Russian President Vladimir Putin’s comments on North Korea this week following the Russian leader’s summit with Pyongyang’s Kim Jong Un.

Speaking to reporters at the White House, Trump also said China was helping with efforts aimed at the denuclearization of North Korea.

(Reporting by Jeff Mason and Makini Brice; Writing by Susan Heavey; Editing by Chizu Nomiyama)

Source: OANN

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Representatives of Russian Transneft, Ukranian Ukrtransnafta, Polish Pern and Belarusian Belneftekhim gather to hold talks on fixing tainted oil supplies to Europe, in Minsk
Representatives of Russian Transneft, Ukranian Ukrtransnafta, Polish Pern and Belarusian Belneftekhim gather to hold talks on fixing tainted oil supplies to Europe, in Minsk, Belarus April 26, 2019. REUTERS/Vasily Fedosenko

April 26, 2019

By Katya Golubkova and Andrei Makhovsky

MOSCOW/MINSK (Reuters) – Russia is confident it can soon resolve a problem of polluted Russian oil contaminating a major pipeline serving Europe and affecting supplies as far west as Germany, a senior official said on Friday at talks with importers about the issue.

Russian Deputy Energy Minister Pavel Sorokin did not give a precise timeframe but Moscow has previously said it would pump clean oil to the border with Belarus from April 29, seeking to end a crisis hitting the world’s second-largest crude exporter.

Sorokin was speaking at talks with officials from Belarus, Poland and Ukraine in Minsk on the issue. Belarus said the issue had cost it $100 million, while analysts say alternative supply routes for refiners cannot fully fill the gap.

Poland, Germany, Ukraine and Slovakia have suspended imports of Russian oil via the Druzhba pipeline. Halting those supplies has knock-on effects further along the network.

The problem arose last week when an unidentified Russian producer contaminated oil with high levels of organic chloride used to boost oil output but which must be separated before shipment as it can destroy refining equipment.

Russia’s Energy Ministry said pipeline monopoly Transneft and other Russian companies had a plan to mitigate the effects of the contaminated oil. It did not give details.

Russian officials have said contaminated oil has already been pumped into storage in Russia and Friday’s talks would focus on how to partially withdraw the tainted crude from the Druzhba pipeline running via other countries.

The suspension cuts off a major supply route for Polish refineries owned by Poland’s PKN Orlen and Grupa Lotos, as well as plants in Germany owned by Total, Shell, Eni and Rosneft.

Some refiners have outlined plans for alternative supplies, but analysts say other routes cannot meet the shortfall.

OIL PRICES

Ukraine’s Ukrtransnafta suspended the transit of oil through the pipeline on Thursday, closing supplies via Druzhba’s southern route to Slovakia, the Czech Republic and Hungary.

The pipeline issue, which has supported global oil prices, lifted Russian Urals crude differentials to an all-time high on Thursday.

With pipeline supplies to Europe shut, Russia faces a challenge of how to divert about 1 million barrels per day (bpd) that was meant to be shipped through the network to other destinations at the time when export capacity is at its limits.

State-run Russian Railways held talks with energy firms on using up to 5,000 rail tankers to transport crude, RIA news agency reported on Friday.

Concerns about the quality of Urals crude also caused delays in loadings at the Baltic port of Ust-Luga, when buyers refused to lift cargoes, resulting in a brief shutdown of the port on Wednesday and Thursday. An Ust-Luga official and traders said on Friday loadings had resumed.

Russian loading plans indicate it aims to boost Urals exports in May before the expiry of a deal on output cuts agreed with the Organization of the Petroleum Exporting Countries and its allies, Reuters calculations and Energy Ministry data show.

The provisional loading plan for Russia’s Baltic Sea ports and Novorossiisk in May show exports rising to 10.7 million tonnes, the highest level in half a decade.

Minsk estimated its loss from lower oil product exports due to contaminated Russian oil at around $100 million, Russia’s Interfax news agency reported on Thursday, citing Belarusian state oil company Belneftekhim.

Russian Deputy Prime Minister Dmitry Kozak, in charge of government energy policy, said this week that those found responsible for contaminating the oil could be fined. He did not provide names.

(Reporting by Agnieszka Barteczko in WARSAW, Sandor Peto in BUDAPEST, Jason Hovet in PRAGUE, Matthias Williams and Natalia Zinets in KIEV, Katya Golubkova, Olesya Astakhova, Gleb Gorodyankin, Olga Yagova and Maxim Rodionov in MOSCOW, Andrei Makhovsky in MINSK; writing by Katya Golubkova; editing by Michael Perry and Edmund Blair)

Source: OANN

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FILE PHOTO - A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat
FILE PHOTO: A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave/File Photo

April 26, 2019

(Reuters) – India has once again delayed the implementation of higher tariffs on some goods imported from the United States to May 15, a government official said on Friday.

The new tariff structure was to come into force from May 2, the spokeswoman said without citing reasons for the delay.

Angered by Washington’s refusal to exempt it from new steel and aluminum tariffs, New Delhi decided in June last year to raise the import tax from Aug. 4 on some U.S. products including almonds, walnuts and apples.

But since then, New Delhi has repeatedly delayed the implementation of the new tariff.

Trade friction between India and the U.S. has escalated after U.S. President Donald Trump announced plans earlier this year to end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to the United States.

In a further blow, U.S. on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions, ending six months of waivers which allowed Iran’s eight biggest buyers including India to continue importing limited volumes.

(Reporting by Manoj Kumar in New Delhi and Kanishka Singh in Bengaluru; Editing by Anil D’Silva and Raissa Kasolowsky)

Source: OANN

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One of Joe Biden’s newly-hired senior advisers has seemingly had a very recent change of heart.

Symone Sanders, a prominent Democratic strategist and Sen. Bernie Sanders, I-Vt., staffer in 2016, was announced as one of the big-name members of Team Biden on Thursday.

But Sanders, who has also served as a CNN contributor, is seen in resurfaced footage from November 2016 expressing her opposition to a white person leading her party after Donald Trump’s election.

“In my opinion, we don’t need white people leading the Democratic party right now,” Sanders told host Brianna Keilar during a discussion on Howard Dean potentially becoming DNC chairman.

BIDEN HIRES FORMER BERNIE SANDERS’ SPOKESPERSON AS SENIOR ADVISER

“The Democratic party is diverse, and it should be reflected as so in leadership and throughout the staff, at the highest levels. From the vice chairs to the secretaries all the way down to the people working in the offices at the DNC,” she said.

Sanders wrapped up her remarks by saying: “I want to hear more from everybody. I want to hear from the millennials and the brown folks.”

Footage of the interview was resurfaced by RealClearPolitics.

After news of her hiring broke on Thursday, Sanders backed her new boss on Twitter.

TRUMP ASSESSES 2020 DEMS; TAKES SWIPES AT BIDEN, SANDERS; DISMISSES HARRIS, O’ROURKE; SAYS HE’S ROOTING FOR BUTTIGIEG

“@JoeBiden & @DrBiden are a class act. Over the course of this campaign, Vice President Biden is going to make his case to the American ppl. He won’t always be perfect, but I believe he will get it right,” she wrote.

The hiring of Sanders has been viewed as another indication of the expected tough fight that Biden and Sanders are in for as the two frontrunners battle a deep Democratic field.

While Sanders himself didn’t torch Biden as he jumped into the race, it’s clear that many of his progressive supporters view the former vice president as a threat.

Biden’s entry into the race – at least in the early going – sets up a battle between himself and Sanders, who thanks to his fierce fight with eventual nominee Hillary Clinton for the 2016 Democratic nomination, enjoys name ID on the level of the former vice president.

BIDEN VOWS THAT ‘AMERICA IS COMING BACK,’ SPARKING ‘MAGA’ COMPARISONS

Justice Democrats — who also called Biden “out-of-touch” – is an increasingly influential group among the left of the party. They’ve championed progressive Rep. Alexandria Ocasio-Cortez of New York as well as Sanders. The group was founded by members of Sanders 2016 presidential campaign.

Biden has pushed back against the perception that he’s a moderate in a party that’s increasingly moving to the left. Earlier this month he described himself as an “Obama-Biden Democrat.”

And Biden said he’d stack his record against “anybody who has run or who is running now or who will run.”

Former Democratic National Committee chair Donna Brazile – a Fox News contributor – highlighted that “Joe Biden can occupy his own lane in large part because he’s earned it. He’s earned the right to call himself whatever.”

CLICK HERE TO GET THE FOX NEWS APP

But she emphasized that “elections are not about the past, they’re about the future…I do believe he has the right ingredients. The question is can he find enough people to help him stir the pot.”

Fox News Andrew O’Reilly contributed to this report.

Source: Fox News Politics

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