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GM, Ford and Toyota join to advance self-driving testing, standards

FILE PHOTO: A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco
FILE PHOTO: A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo

April 3, 2019

By David Shepardson

(Reuters) – Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help create regulations in the United States.

General Motors Co, Ford Motor Co and Toyota Motor Corp said in a statement they were joining forces with automotive engineering group SAE International to establish autonomous vehicle “safety guiding principles to help inform standards development.”

The group will also “work to safely advance testing, pre-competitive development and deployment,” they added.

Regulators in the United States have been grappling with how to regulate self-driving cars, with other countries watching closely to see how implementation of the emerging technology pans out.

Last year, U.S. lawmakers, unable to agree on a way forward, abandoned a bid to pass sweeping legislation to speed the introduction of vehicles without steering wheels and human controls onto roads, but may resurrect the effort later this year.

The new group, dubbed the Automated Vehicle Safety Consortium, will begin by deciding priorities, with a focus on data sharing, vehicle interaction with other road users and safe testing guidelines.

Randy Visintainer, chief technology officer at Ford’s Autonomous Vehicles unit, said the goal was to work with companies and government “to expedite development of standards that can lead to rule making.”

Last month, the National Highway Traffic Safety Administration asked the public if robotic cars should be allowed on streets without steering wheels or brake pedals as they try to set the first legal boundaries for their design. NHTSA’s existing rules prohibit vehicles without human controls.

The regulator will for the first time compare a vehicle in which all driving decisions are made by a computer versus a human driver.

Concerns are mounting about automated piloting systems.

A fatal 2018 accident involving a self-driving vehicle operated by Uber Technologies Inc and two deadly plane crashes involving highly automated Boeing 737 MAX airliners have put a spotlight on the ability of regulators to assess the safety of advanced systems that substitute machine intelligence for human judgment.

The new consortium cited as a successful model a standards group that helped create a collection of some 4,500 aerospace standards covering airframe, engine and other aircraft parts.

(Reporting by David Shepardson, Editing by Rosalba O’Brien)

Source: OANN

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Moroccan police crack down on protesting teachers

Moroccan police are firing water cannons at protesting teachers and beating people with truncheons amid demonstrations around the capital.

Several demonstrations were held Wednesday, exactly eight years after the birth of a Moroccan Arab Spring protest movement that awakened a spirit of activism in this North African kingdom.

Teachers' unions held a protest outside the Education Ministry in Rabat, the capital, and then tried to walk up an alley toward the nearby royal palace, prompting a crackdown.

Police officers charged protesters, beating several to the ground. Associated Press reporters saw multiple injuries, and ambulances and police cars filled the neighborhood.

The protesters, many wearing white teachers' robes, came from around Morocco to seek salary raises and promotions and protest the limited opportunities for low-ranking teachers, who earn an average of 400 euros ($454) a month.

Source: Fox News World

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President Trump declares a National Emergency at the southern border because of “invasion”

President Trump declares a National Emergency at the southern border because of “invasion”

OAN Newsroom
UPDATED 8:56 AM PT — Friday, February 15, 2019

President Trump said the U.S. is confronting a crisis at home, while declaring a national emergency over the issues at the border.

During a speech at the White House Friday, the president said the U.S. must handle what he described as the national security crisis at our southern border. He said he isn’t taking the action to fulfill a campaign promise, but rather because the country needs it.

The president said there’s an invasion of drugs, gangs and people coming into our country, and by signing the national emergency he is doing his part to try and stop it.

President Donald Trump speaks during an event in the Rose Garden at the White House to declare a national emergency in order to build a wall along the southern border, Friday, Feb. 15, 2019, in Washington. (AP Photo/ Evan Vucci)

“We’re talking about an invasion of our country, with drugs, with human traffickers, with all types of criminals and gangs,” explained President Trump.

Democrat leadership responded to the declaration by calling it unlawful. The president indicated it’ll likely get challenged in court, but he said he’s dealt with that before.

Source: OANN Top News

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Mali government resigns after massacre, insecurity

Boubeye Maiga, Prime Minister of the Republic of Mali speaks to media next to Le Drian, Minister for Europe and Foreign Affairs of France at U.N. headquarters in New York
FILE PHOTO: Soumeylou Boubeye Maiga, Prime Minister of the Republic of Mali (L) speaks to media next to Jean-Yves Le Drian, Minister for Europe and Foreign Affairs of France at U.N. headquarters in New York, U.S., March 29, 2019. REUTERS/Eduardo Munoz

April 18, 2019

BAMAKO (Reuters) – Mali’s Prime Minister Soumeylou Boubeye Maiga and his whole government resigned on Thursday, four weeks after a massacre of some 160 Fulani herders by an ethnic vigilante group shocked the nation.

“The President accepts the resignation of the prime minister and that of the members of government,” a statement from President Ibrahim Boubacar Keita’s office said.

(Reporting by Maimouna Moro; Writing by Tim Cocks; Editing by Sandra Maler)

Source: OANN

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Pan claims first tour win by one stroke over Kuchar

PGA: RBC Heritage - Final Round
Apr 21, 2019; Hilton Head, SC, USA; C.T. Pan poses with the RBC Heritage trophy after winning the 51st RBC Heritage golf tournament at Harbour Town Golf Links. Mandatory Credit: Joshua S. Kelly-USA TODAY Sports

April 21, 2019

(Reuters) – Taiwan’s Pan Cheng-tsung won his first PGA Tour tournament with a one-stroke victory over Matt Kuchar as world number one Dustin Johnson stumbled badly on the back nine at the RBC Heritage in South Carolina on Sunday.

Pan, who goes by the initials C.T., collected a birdie and two pars on his last three holes to shoot a four-under par 67 and end a tense final round at 12-under 272.

Kuchar, finishing ahead of Pan, used a birdie at the last to also shoot 67 and waited as Pan, ranked 113 in the world, held steady at the end at Harbour Town Golf Links on Hilton Head Island.

Patrick Cantlay (69), Scott Piercy (69) and Ireland’s Shane Lowry (70) tied for third at 10-under as overnight leader Johnson shot a six-over 77 to finish at four-under.

World number one Johnson, who started the day with a one stroke lead, had three bogeys and two double bogeys in a five hole stretch.

(Reporting by Gene Cherry in Salvo, North Carolina; Editing by Christian Radnedge)

Source: OANN

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Colombian Duque’s bid to change peace deal rattles sabers, but war unlikely

A woman holds a flag of the Revolutionary Alternative Force of the Common (FARC) political party during a protest in support of the Special Jurisdiction for Peace (JEP) in Bogota
A woman holds a flag of the Revolutionary Alternative Force of the Common (FARC) political party during a protest in support of the Special Jurisdiction for Peace (JEP) in Bogota, Colombia, March 13, 2019. REUTERS/Luisa Gonzalez

March 17, 2019

By Helen Murphy and Carlos Vargas

BOGOTA (Reuters) – President Ivan Duque’s call for changes to key peace legislation has prompted former rebels to warn he has put Colombia on the path to war, but with his government on a weak footing in Congress, major revisions that could reignite conflict seem unlikely.

Duque last week objected to six out of 159 articles in the law implementing a 2016 peace deal with the Revolutionary Armed Forces of Colombia (FARC) guerrillas and said he will return it to congress.

The Special Jurisdiction for Peace (JEP) law – which established a tribunal to investigate war crimes during Colombia’s five-decade conflict – has been criticized by Duque for being too lenient on FARC commanders accused of atrocities.

Duque, whose 2018 presidential campaign focused on changing the peace deal, said the law was not clear enough that the FARC must fully repay its victims. He also criticized the terms of extradition and rules over sentencing for war crimes.

While Duque’s Democratic Center Party is celebrating, others say he is damaging the peace process and deliberately blunting prosecutions that could reveal murky ties between conservative politicians, the military and right-wing paramilitary groups.

Duque’s powerful mentor, hard-line former President Alvaro Uribe, has repeatedly been named by opposition lawmakers as allegedly having ties to far-right paramilitary groups. Uribe denies the allegations.

While Duque’s proposed changes did not explicitly attempt to stifle the JEP tribunal, critics say they could limit its ability to investigate, prosecute and convict.

At the very least, they create uncertainty about the JEP’s jurisdiction and could slow down investigations for as long as Congress deliberates.

“It was a very long, bloody, barbaric war,” said lower house opposition deputy Ivan Marulanda, adding that he had “no doubt” Duque’s move was aimed at avoiding finger pointing for state crimes. “State crimes were committed. They’re proven.”

There have been more than 2,000 cases of so-called false positives reported – where the military allegedly killed innocent civilians and passed them off as FARC killed in combat. The JEP tribunal is investigating some of those cases and some military officials have already been convicted and jailed under the ordinary justice system.

Duque’s move will probably spook the roughly 7,000 demobilized rebels and prompt some to join dissident FARC fighters – who refused to adhere to the peace accords – as implementation of the agreement may get slowed by efforts to toughen tribunal rules.

Indeed, more than two years after the accord was signed, few government reintegration projects to help demobilized fighters are running.

Of the roughly 22 government-approved projects, only a handful have received money.

“Duque has sent a lousy message to demobilized guerrillas,” said leftist Senator Aida Avella of the Patriotic Union party. “Duque’s government is an enemy of the peace process and is working to return us to war.”

Duque has said he does not want to return to conflict and his objections aim to improve the accords and create a “peace that unites us.”

Despite tough words on both sides, Duque’s weak position in Congress – where he has a slender majority in the Senate and less than half the seats in the lower house – means he is unlikely to win substantive changes.

“It’s smoke and mirrors because it’s unlikely to be approved,” said analyst Sergio Guzman, director of Colombia Risk Analysis, a Bogota-based political risk consultancy.

“It looks like he’s done this to shore up his base and show that he is not Santos,” he said, referring to former President Juan Manuel Santos, who was awarded a Nobel Peace Prize for clinching the peace deal.

Perhaps the biggest impact may be on stalled peace negotiations with the National Liberation Army (ELN) which Duque canceled in January. Guzman noted the prospect of a deal with the group – which carried out a bomb attack in Bogota in January that killed 22 police cadets – appeared further away than ever now.

FARC LOOKING FOR SOLUTIONS

While FARC commanders say he has put peace at risk, they are not ready to leave the process that ended their part in a five-decade conflict that killed 260,000 people and displaced seven million.

“We consider that what has been done is an incitement to war,” said FARC leader Rodrigo Londono, better known by his alias Timochenko. “But we’re here looking for solutions.”

Duque’s announcement has also been criticized by Santos’s negotiators and the procurator general. The United Nations has called for the JEP, passed in 2017, to be respected and even strengthened.

While opposition lawmakers have called for a protest march on Monday, others say the FARC has little to fear.

“Those who are complying with the corresponding regulations on the abandonment of arms, the abandonment of crime, and the respect for law have absolutely nothing to fear,” said ruling coalition Senator Jhon Milton Rodriguez.

Established in 1964 and funded by kidnapping, extortion and cocaine trafficking, the FARC grew to a fighting force of 20,000 by 1999 when it reached the mountains above the capital, Bogota, and threatened to seize power.

But a U.S.-backed offensive led by Uribe helped bring the rebels to the negotiating table.

Under the peace deal, the group formed a political party, kept its famous acronym as the Revolutionary Alternative Common Force, and was awarded 10 seats in congress.

The accord allows former rebels who come forward to the JEP tribunal to receive reduced sentences and avoid prison, but they must confess to any crimes and repay victims.

Duque’s right-wing coalition says former members of the rebel group continue to commit crimes, and are incensed that they will have seats in congress. They demand jail terms for FARC commanders.

“This opens the door … to put us all in jail,” said Reinaldo Cala, a FARC lower house deputy. “The goal of these reforms is to extradite us to the United States.”

The United States has sought the extradition of some FARC members for drug smuggling.

(Additional reporting by Luis Jaime Acosta; Editing by Daniel Flynn and Phil Berlowitz)

Source: OANN

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Iran will boost defence capabilities despite U.S. pressure – Khamenei

Iran's Supreme Leader Ayatollah Ali Khamenei delivers a speech during a ceremony marking the death anniversary of the founder of the Islamic Republic Ayatollah Ruhollah Khomeini, in Tehran
FILE PHOTO: Iran's Supreme Leader Ayatollah Ali Khamenei delivers a speech during a ceremony marking the death anniversary of the founder of the Islamic Republic Ayatollah Ruhollah Khomeini, in Tehran, Iran, June 4, 2017. TIMA via REUTERS

March 21, 2019

DUBAI (Reuters) – Iran is determined to boost its defence capabilities despite mounting pressure from the United States and its allies to curb its ballistic missile programme, Supreme Leader Ayatollah Ali Khamenei said on Thursday.

“We need to take Iran to a point that enemy understand that they cannot threaten Iran … America’s sanctions will make Iran self-sufficient,” Khamenei said in a speech broadcast live on state TV.

President Donald Trump withdrew the United States last May from a 2015 nuclear deal between Iran and six major powers, saying it gave too much away to Iran, and reimposed far-reaching U.S. sanctions.

The U.S. sanctions aim to force Iran to accept tougher restrictions on its nuclear work, drop its ballistic missile program and scale back support for militant proxies in Middle East conflicts from Yemen to Syria.

Khamenei said the European signatories of the deal had failed to maintain Iran’s interests.

“They have stabbed Iran in the back … The Western countries have proved they cannot be trusted,” he said in the speech in the holy Shi’ite city of Mashhad.

The other signatories to the nuclear deal – Germany, France, Britain, the European Union, Russia and China – have remained committed to the agreement and have been trying to salvage the pact by a mechanism to circumvent Trump’s sanctions.

Iran says its missile programme is purely defensive and has rejected the curbs on it demanded by the United States. Tehran says it has missiles with a range of up to 2,000 km (1,250 miles), which puts Israel and U.S. military bases in the region within reach.

(Writing by Parisa Hafezi; Editing by Raissa Kasolowsky and Frances Kerry)

Source: OANN

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The headquarters of Wirecard AG is seen in Aschheim near Munich
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

April 26, 2019

BERLIN (Reuters) – Wulf Matthias will not stand for a second term as Wirecard’s chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

For age reasons alone this would not be an option for Matthias, aged 75, Handelsblatt added.

Matthias will keep his mandate until it ends in 2020, the paper quoted a company spokeswoman as saying.

Wirecard was not immediately available for comment when contacted by Reuters.

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

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