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Trump says U.S. has developed ‘much better’ relations with Pakistan recently

FILE PHOTO: Pakistani Prime Minister Imran Khan speaks at the opening ceremony for the first China International Import Expo (CIIE) in Shanghai
FILE PHOTO: Pakistani Prime Minister Imran Khan speaks at the opening ceremony for the first China International Import Expo (CIIE) in Shanghai, China November 5, 2018. REUTERS/Aly Song/Pool/File Photo

February 22, 2019

(Reuters) – U.S. President Donald Trump said on Friday that the United States has developed a “much better” relationship with Pakistan recently.

Trump noted that the relations had improved over the “last short period of time” and added that the United States may set up some meetings with Pakistan, which has long been at odds with the United States over the war in Afghanistan

(Writing by Meredith Mazzilli; Editing by James Dalgleish)

Source: OANN

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The Latest: Witness: Officer said 'I don't know why I fired'

The Latest on the homicide trial of a white Pennsylvania police officer in the shooting of an unarmed black 17-year-old (all times local):

11:50 a.m.

A witness says he saw a white officer who fatally shot an unarmed black teenager in Pittsburgh panicking on the sidewalk, saying, "I don't know why I shot him. I don't know why I fired."

Neighbor John Leach testified Wednesday as the second day of the trial of former East Pittsburgh Police Officer Michael Rosfeld resumed.

Leach lives a couple houses away. He said he was on his front porch when Rosfeld fired three bullets into 17-year-old Anton Rose II after pulling over an unlicensed taxicab suspected to have been used in a drive-by shooting minutes earlier.

Leach says he saw other police officers consoling Rosfeld. Leach says Rosfeld was bending over crying, hyperventilating and looked like he was about to pass out.

A second witness video was also played in court.

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10:10 a.m.

The mother of an unarmed black teenager who was fatally shot by a white former police officer is urging prosecutors to show what a "kind, loving and funny" person her son was.

Michelle Kenney's letter to prosecutors was released Wednesday, as the second day of the trial of former East Pittsburgh Police Officer Michael Rosfeld resumes in a Pittsburgh courtroom.

In the letter, Kenney asks prosecutors to paint a picture of her son Antwon Rose II as the loving, exceptional person that he was. She says they must counter the defense's portrayal of the 17-year-old high school student as "just another thug."

She says he taught children in the neighborhood how to roller blade and skateboard and would give away his skates to kids in need. She calls him a "rose that grew from concrete."

In June, Rosfeld fired three bullets into Rose after pulling over an unlicensed taxicab suspected to have been used in a drive-by shooting minutes earlier.

Rose was shot as he fled the car.

___

3 a.m.

Video that showed a white police officer shooting to death an unarmed black teenager is among the evidence presented during the first day of the former cop's criminal homicide trial.

More testimony is expected Wednesday when the trial of former East Pittsburgh Police Officer Michael Rosfeld resumes in a Pittsburgh courtroom.

The 30-year-old Rosfeld is accused in the June death of 17-year-old high school student Antwon Rose II.

Rosfeld fired three bullets into Rose after pulling over an unlicensed taxicab suspected to have been used in a drive-by shooting minutes earlier.

Rose was a front-seat passenger in the cab and was shot as he fled.

A neighbor who recorded the confrontation said the tone of Rosfeld's voice is what got her attention.

Source: Fox News National

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Boeing to mandate safety feature in MAX software upgrade: sources

An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton
An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson

March 22, 2019

By Cindy Silviana and Tracy Rucinski

JAKARTA/CHICAGO (Reuters) – Boeing Co will mandate on MAX jets a previously optional cockpit warning light, which might have warned of problems that possibly played a role in the recent crashes of Ethiopian and Indonesian planes, two officials briefed on the matter said.

The safety feature is expected to be offered as part of a software update to the MAX fleet that was grounded in the wake of the Ethiopian Airlines crash, said the officials who asked not to be identified.

The crash set off one of the widest inquiries in aviation history and cast a shadow over the Boeing MAX model intended to be a standard for decades.

Boeing did not immediately comment on the plan to make the safety feature standard, but separately said it was moving quickly to make software changes and expects the upgrade to be approved by the U.S. Federal Aviation Administration (FAA) in the coming weeks.

But Indonesia’s national carrier Garuda said on Friday that customers had lost trust in the planes and it has sent a letter to Boeing asking to cancel an order for 49 MAX 8s – the first airline to publicly confirm plans to cancel an order for the troubled aircraft.

The current order was valued at $6 billion at list prices and Garuda, which currently has one MAX in its fleet, said it could switch to other Boeing models.

While a direct link between the crashes has not been proven, initial investigations show similarities and attention has focused on an automated flight-control system, MCAS (Maneuvering Characteristics Augmentation System), that came into service two years ago with the MAX.

The software is designed to prevent a loss of lift that can cause an aerodynamic stall, sending the plane downwards in an uncontrolled way. In the Lion Air crash, it may have been erroneously activated by a faulty sensor, investigators believe.

Chicago-based Boeing will also retrofit older planes with the cockpit warning light, the officials told Reuters. The world’s largest plane maker previously offered the alert, but it was not required by aviation regulators.

Boeing has said it plans to make software changes to the aircraft, but it is unclear how long it will take Boeing to refit existing MAX planes with new software or hardware.

Experts said it could take weeks or months to be done, and for regulators to review and approve the changes. Regulators in Europe and Canada have said they will conduct their own reviews of any new systems.

The FAA has said installation of the new software and related training was a priority.

SOFTWARE FIX

Randy Tinseth, Boeing’s vice president of commercial marketing, said the software changes include changes in the control laws of the airplane, an update of the displays, the flight manual, as well as the training.

Boeing has tested the improvements in a simulator and in the air, he said on Thursday. He defended Boeing’s design and production processes, adding that it was too early to speculate on what the investigations will show.

The company has said there was a documented procedure to handle the automated system at the heart of the problem.

The pilots’ union of Southwest Airlines, the largest operator of the MAX, said it is working with the company, Boeing, other pilot unions and the FAA to test and validate the new software.

“We still would like to have more detail on the development, control parameters and testing done on the algorithm that will trigger an MCAS event,” the union said in a statement.

The American Airlines’ pilots union told Reuters it expects to test the software fix on simulators this weekend in Renton, Washington, where Boeing builds the MAX and has two simulators.

MAX simulator training is currently not required, partly because not many simulators exist.

Southwest and American expect to receive MAX simulators later this year.

Ethiopian Airlines said on Thursday the simulators are not designed to replicate the MCAS problems. The airline is among the few that do have a simulator but the captain of the doomed flight had no chance to practise on it before the crash, a pilot colleague said.

MOUNTING PRESSURE

The two crashes killed almost 350 people.

Since the Ethiopian crash, Boeing shares have fallen 12 percent and $28 billion has been wiped off its market value.

Pressure has mounted on the company from U.S. legislators, who are also expected to question the FAA. The company also faces a criminal investigation by the U.S. Justice Department.

Several lawsuits already filed on behalf of victims of the Lion Air crash referring to the Ethiopian accident. Boeing declined to comment on the lawsuits.

Consumer advocate and former U.S. presidential candidate Ralph Nader lost a grand-niece in the Ethiopian crash and urged whistleblowers to help challenge the aviation industry and get to the bottom of what happened.

“They lulled us into complacency,” he said in an interview in Thursday’s Wall Street Journal.

(For a graphic on ‘Boeing 737 MAX deliveries in question’ click https://tmsnrt.rs/2Hv2btC)

(For a graphic on ‘Grounded 737 MAX fleet’ click https://tmsnrt.rs/2O6jQbI)

(For a graphic on ‘Ethiopian Airlines crash and black boxes’ click https://tmsnrt.rs/2ChBW5M)

(Additional reporting by David Shepardson in Washington, Jamie Freed in Singapore, Bernadette Christina Munthe in Jakarta, Maggie Fick and Jason Neely in Addis Ababa, Tim Hepher in Paris, and Eric M. Johnson in Seattle; Writing by Sayantani Ghosh, Georgina Prodhan and Ben Klayman)

Source: OANN

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Trump rejects idea of expanding U.S. Supreme Court

FILE PHOTO: People wait in line outside the U.S. Supreme Court to hear the orders being issued, in Washington
FILE PHOTO: People wait in line outside the U.S. Supreme Court to hear the orders being issued, in Washington, U.S. March 18, 2019. REUTERS/Erin Scott/File Photo

March 19, 2019

WASHINGTON (Reuters) – President Donald Trump on Tuesday flatly ruled out the idea of expanding the U.S. Supreme Court as proposed by some 2020 presidential contenders, saying Democrats only wanted to boost the number of justices to “catch up” with conservatives.

“I wouldn’t entertain that. The only reason they’re doing that is they want to try to catch up, so if they can’t catch up through the ballot box by winning an election they want to try doing it in a different way,” Trump told a news conference.

“No, we would have no interest in that whatsoever. It’ll never happen. … I guarantee it won’t happen for six years,” Trump said.

(Reporting by Roberta Rampton; Writing by David Alexander; Editing by Cynthia Osterman)

Source: OANN

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Egypt's opposition decries move to extend president's term

Opposition parties are urging Egyptians to vote against constitutional amendments that would potentially allow President Abdel-Fattah el-Sissi to remain in power until 2034.

Several political parties, including many born out of the 2011 pro-democracy uprising, took part in a press conference Wednesday decrying the amendments.

El-Sissi has presided over an unprecedented crackdown on dissent since leading the military overthrow of an elected but divisive Islamist president in 2013, rolling back freedoms won in the uprising eight years ago.

Parliament is packed with el-Sissi supporters who back the amendments, which would have to be approved in a nationwide referendum. The referendum is expected to be held in the coming weeks.

Source: Fox News World

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SPLC: Trump 'Fear-Mongering' Fuels Rise of Hate Groups

The number of hate groups operating in the United States rose 7 percent to an all-time high last year, the Southern Poverty Law Center said on Wednesday, attributing the increase largely to anti-immigrant rhetoric from President Donald Trump.

The SPLC, which has tracked hate groups since 1971, found there were 1,020 operating in the United States in 2018, breaking the 1,018 record set in 2011. It marked the fourth consecutive year of growth.

The group blamed Trump, whose administration has focused on reducing illegal and legal immigration into the United States.

"The words and imagery coming out of the Trump administration and from Trump himself are heightening these fears," Heidi Beirich, director of the SPLC's Intelligence Project, told reporters on a conference call. "These images of foreign scary invaders threatening diseases, massive refugee caravans coming from the south. This is fear-mongering."

The White House has repeatedly rejected charges of bias leveled at Trump, often citing the effects that a strong economy have had on minority communities. It did not respond to a request for comment on the report on Wednesday.

The SPLC defines hate groups as organizations with beliefs or practices that demonize a class of people. The number of groups has risen 30 percent since 2015 when Trump declared his presidential candidacy.

The last surge in new hate groups came in the early years of Barack Obama's presidency, a reaction to the first black U.S. president, the group said. The number rose 9 percent during the first three years of Obama's administration to reach the prior record then dropped until 2015.

The group also cited online incitement for the rise. Despite efforts to regulate content on mainstream websites including Facebook, the internet still provides the most fertile ground for hate groups to recruit new members, SPLC said.

The non-profit said the growth of hate groups appeared to spur some who share their ideologies to take violent action. It cited Robert Bowers, who is accused of killing 11 worshippers at a Pittsburgh synagogue in October while shouting "All Jews must die."

As part of SPLC's count of hate groups, black nationalist groups rose 13 percent to 264 in 2018, an increase SPLC attributed to a backlash against Trump's policies.

Some of the SPLC's targets have criticized the Montgomery, Alabama-based organization's findings, saying it mislabeled legitimate organizations.

Earlier this month the founder of the Proud Boys, a self-described men-only club of "Western chauvinists," sued the center for defamation. He contended the Proud Boys oppose racism, while the SPLC said it stood by its research.

Source: NewsMax Politics

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WTO says global trade slowed in fourth quarter, cuts forecasts

World Trade Organization Director-General Roberto Azevedo attends a news conference at the WTO headquarters in Geneva
World Trade Organization (WTO) Director-General Roberto Azevedo attends a news conference on the annual global trade forecast at the WTO headquarters in Geneva, Switzerland, April 2, 2019. REUTERS/Denis Balibouse

April 2, 2019

By Tom Miles

GENEVA (Reuters) – World trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to grow by 2.6 percent this year, slower than 3.0 percent growth in 2018 and below a previous forecast of 3.7 percent, the World Trade Organization said on Tuesday.

In its annual forecast, the WTO said trade had been weighed down by new tariffs and retaliatory measures, weaker economic growth, volatility in financial markets and tighter monetary conditions in developed countries. It forecast in September that 2018 growth would be 3.9 percent, down from 4.6 percent in 2017.

“With trade tensions running high, no one should be surprised by this outlook. Trade cannot play its full role in driving growth when we see such high levels of uncertainty,” WTO Director-General Roberto Azevedo said in a statement.

“Of course, there are other elements at play, but rising trade tensions are the major factor,” he told a news conference. “I think it’s pretty obvious that the tensions between the United States and China play a big role.”

He declined to predict the impact of Britain’s departure from the European Union.

Although the volume of trade grew only slowly in 2018, the dollar value rose 10 percent to $19.48 trillion, partly due to a 20 percent rise in oil prices, the WTO said.

The value of commercial services trade grew by 8 percent to $5.80 trillion in 2018, driven by strong import growth in Asia.

Goods trade volumes are expected to grow more strongly in developing economies this year, with 3.4 percent growth in exports compared with 2.1 percent in developed economies.

But the forecast is highly uncertain, with this year’s 2.6 percent global growth figure just the midpoint of a range from 1.3 to 4.0 percent. The actual growth rate could be even higher or lower if trade tensions grow further or ease, the WTO said.

“Most risks remain firmly on the downside, with upside potential hinging on a relaxation of trade tensions,” the WTO report said.

(Reporting by Tom Miles, editing by Larry King)

Source: OANN

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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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