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Animal charity and Albania lock swords over 3 lions

An international animal welfare charity is locked in a spat with the Albanian government over three lions destined for a sanctuary in the Netherlands.

The Four Paws says the lions require proper medical care but remain caged in Albania due to Tirana's "bureaucratic arbitrariness." However, the government says its hands are tied by a lawsuit.

The lions were among 11 animals seized by authorities from a private zoo last October due to fears they were malnourished.

The zoo's owner sued, but despite the lawsuit the government earlier this month sent to Germany a bear that was confiscated.

Four Paws says Thursday the government is now arguing the lions cannot be sent to the Netherlands because of the lawsuit.

The Environment Ministry, which is overseeing the matter, has made no comment.

Source: Fox News World

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Anthony Weiner Released from Prison, Will Register as Sex Offender

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Source: InfoWars

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Rome moves Roma families from housing project after protests

Rome city authorities have begun moving several Roma families out of a public housing project in a Rome suburb after violent protests by neo-fascist groups threatened their safety.

Far-right protesters from the neo-fascist party Forza Nuova screamed insults and threw objects at a van that removed several people late Wednesday. Some did a raised-arm fascist gesture known as the "Roman salute" and sang the Italian national anthem. Some neighbors turned out and applauded the Roma families' departure.

Mayor Virginia Raggi described a "very heavy climate of hatred" during a Tuesday evening protest allegedly incited by two far-right groups, Casa Pound and Forza Nuova, against the arrival of the Roma families on the outskirts of Rome.

Raggi said the families, including 33 children, were being placed elsewhere in the meantime.

Source: Fox News World

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Brazil’s economic activity falls in February by most in nine months

Employee works at a construction site for a residential building in Sao Paulo
FILE PHOTO: An employee works at a construction site for a residential building in Sao Paulo August 10, 2015. REUTERS/Nacho Doce

April 15, 2019

SAO PAULO (Reuters) – Brazilian economic activity contracted in February by the most in nine months, a central bank indicator showed on Monday, adding to concerns about a sluggish start to the year for Latin America’s largest economy.

The central bank’s IBC-BR economic activity index, a leading indicator of gross domestic product (GDP), fell 0.73 percent in February from January. That followed a revised drop of 0.31 percent in January, a smaller contraction than first reported.

“Economic indicators so far continue to suggest a slight drop of 0.1 percent for GDP in the first quarter of this year,” Bradesco economists wrote in a note.

The data adds to pressure on new President Jair Bolsonaro to reignite an economic recovery which has been lackluster since Brazil’s deep 2015-2016 recession. The cornerstone of Bolsonaro’s economic agenda is a pension reform bill aimed at restoring public finances, which received a rocky reception in Congress.

Treasury Secretary Mansueto Almeida told Reuters last week that Brazil must stick to its fiscal commitments and cut public spending for the long-term benefit of the country, even if that has a detrimental short-term effect on the economy.

(Reporting by Camila Moreira; Editing by Susan Thomas)

Source: OANN

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Ocasio-Cortez called out for social media silence in wake of Sri Lanka terror attacks

New York Democratic Rep. Alexandria Ocasio-Cortez is being slammed over her social media silence in the wake of the Easter Sunday terror attacks in Sri Lanka.

The Islamic State group has claimed responsibility for the attack, which left 359 people dead, and shared images purporting to show the seven bombers who blew themselves up at three churches and three hotels on Sunday. The government also confirmed that the attacks came from Islamic fundamentalists.

OCASIO-CORTEZ DECLARES VA ‘ISN’T BROKEN,’ ALREADY PROVIDES TOP-NOTCH CARE

Yet Ocasio-Cortez, who has previously been quick to comment on other terror attacks such as the Christchurch mosque shootings in March, hasn't yet said anything regarding the tragedy in Sri Lanka -- which took the lives of several American citizens.

Many have jumped on the congresswoman’s Twitter blackout on the subject.

“Twitter-obsessed @AOC posted 14 times about the terror attack on Muslims in New Zealand, but has posted nothing about the terror attack on Christians by Muslim extremists in Sri Lanka. Very odd,” DailyMail.com editor-at-large Piers Morgan tweeted.

“Fact: @AOC tweeted about the horrific tragedy in New Zealand 14 times. She tweeted about the attack on Christians in Sri Lanka zero times. Why?” seconded Turning Point USA’s Charlie Kirk.

CLERIC 'MASTERMIND' BEHIND SRI LANKA ATTACKS KNOWN FOR HATE-FILLED ONLINE SERMONS, POSSIBLE ISIS TIES

Ocasio-Cortez’s reaction differs starkly compared with the aftermath of the terror attack in New Zealand last month, where 50 Muslims were brutally gunned down by a white supremacist.

Following the attack in New Zeland, Ocasio-Cortez tweeted numerous times, seizing on the terror attack to criticize the Trump administration and propose tougher gun control measures in the U.S.

“At 1st I thought of saying, ‘Imagine being told your house of faith isn’t safe anymore.’ But I couldn’t say ‘imagine.’ Because of Charleston. Pittsburgh. Sutherland Springs. What good are your thoughts & prayers when they don’t even keep the pews safe?” one of her tweets read.

She also wrote: “Daily reminder that we have a **Muslim Ban** in this country made out of the President’s hostility to Muslim people w/ little-to-no supporting evidence, and a Republican Party that tolerates it. There is so much work to do. Repealing the Ban is square 1.”

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Ocasio-Cortez’s office did not respond to a request for comment.

Source: Fox News Politics

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Bernie And Biden Are Doomed

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Row with U.S. energy trader worsens Haiti’s fuel crisis

A man carries containers used to filled them with fuel that is sold on the black market in Port-au-Prince
A man carries containers used to filled them with fuel that is sold on the black market in Port-au-Prince, Haiti, February 24, 2019. Picture taken February 24, 2019. REUTERS/Ivan Alvarado

April 14, 2019

By Anthony Esposito

PORT-AU-PRINCE (Reuters) – A dispute between Haiti and a U.S. energy trading firm is leading to long blackouts and fuel shortages in the Caribbean nation, feeding anger at President Jovenel Moise’s government following the collapse of a supply deal with Venezuela last year.

    The capital Port-au-Prince’s fragile power grid was dealt a blow when Novum Energy Trading Corp suspended shipments in February, leaving residents without electricity for days and many gas stations with no fuel at the pumps.

Novum says the government owes it $40 million in overdue payments for fuel. Haitian officials did not reply to requests for comment.

The Western Hemisphere’s poorest nation, Haiti long relied on fuel shipments from nearby OPEC member Venezuela, which offered cheap financing to several Caribbean nations to buy its gasoline, diesel and other products through a program called Petrocaribe.

    But the scheme fell apart last year due to economic turmoil in Venezuela, forcing Haiti – a nation of 11 million people – to return to international markets.

    Novum, which has supplied Haiti with fuel for more than four years, stepped up its shipments as the Petrocaribe deal unravelled. Novum said it supplied 80 percent of Haiti’s gasoline and diesel needs last year.

On Feb. 27, Novum anchored a vessel carrying 150,000 barrels of gasoline off Port-au-Prince until the payment dispute could be resolved. The cargo was equivalent to roughly half of Haiti’s monthly consumption of gasoline, according to industry experts.

   After more than a month waiting, Novum on April 4 said the situation was “untenable” and sent the vessel to Jamaica to take on provisions.

Youri Chevry, mayor of Port-au-Prince, a sprawling city of more than 2.6 million people, said electricity and gasoline shortages had grown worse over the past month as Haiti waited for the shipment.

“It’s a very bad situation … It has a lot of repercussions,” he said.

    Chris Scott, Novum’s chief financial officer, said the vessel would not dock until the government could pay. He said Novum had taken such measures “fairly regularly” since mid-2018 as Haiti started to fall behind on payments after the Petrocaribe program collapsed.

    “They need to pay in order for us to be able to discharge,” Scott said.

   A government official, who asked not to be identified, said fuel distribution companies in Haiti had not paid the government for gasoline and diesel it purchased on their behalf from Novum. That in turn meant the government could not pay the U.S. company for the fuel.

    The official said other companies were still supplying Haiti with fuel. He did not provide details.

The scarcity of fuel and growing economic problems has put basic necessities increasingly out of reach for many Haitians, despite a $229 million loan program from the International Monetary Fund (IMF) reached last month.

“I’m barely surviving,” said 40-year-old Amos, one of scores of hawkers selling black market gasoline on a busy street in the capital. On bad day, he earns little more than 50 cents. “It’s going to be difficult to see change in this country.”

PROTESTS

Protesters have for months agitated to remove Moise, a former businessman who took office in February 2017. They blame him for inflation running at around 17 percent, the depreciation of the gourde currency, and for not investigating alleged misuse of Petrocaribe funds by public officials.

Between Feb. 7 and Feb. 27, the protests claimed at least 26 lives and injured more than 77 people, according to the Inter-American Commission on Human Rights, though the situation has calmed since then.

    Moise has refused to step aside, saying in February he would not hand power to the leaders of violent protests. He pledged his government would take steps to address people’s grievances.

Corruption is a perennial concern in Haiti. The nation ranked 166 from 183 countries in Transparency International’s global survey of perceptions of corruption last year – only Venezuela had a worse ranking in the Western Hemisphere.

International pressure has grown for an investigation. In a March 20 letter, 104 member of the U.S. Congress asked President Donald Trump’s government to support investigations into Petrocaribe in Haiti, pointing to the alleged misuse of $2 billion in low-interest loans under the scheme.

At the height of the Petrocaribe program, Venezuelan fuel covered nearly 70 percent of Haiti’s needs. Venezuela provided long-term financing for the oil on flexible terms, with a maximum 2 percent interest rate and a two-year grace period.

Petrocaribe included a fund for infrastructure and social projects in member countries.

By April 2018, Venezuela was no longer exporting fuel to Haiti, according to documents from Venezuelan state oil company PDVSA seen by Reuters.

After the program lapsed, Haitian energy companies lacked the hard U.S. currency to be able to buy fuel on international markets, said an executive at one firm, who asked not to be identified.

Andre Michel, an opposition leader looking into the alleged corruption surrounding Petrocaribe, said it was difficult to estimate how much was stolen but the signs of misused of funds appeared compelling.

    “No serious projects have been completed: no hospitals, no campus for students, no roads, no housing projects,” he said.

An oft-heard lament on the streets of Port-au-Prince is that while politicians pilfer billions, Haitians go hungry. Roads in the city are potholed and the vestiges of a deadly 2010 earthquake can still be seen at practically every corner.

    Destine Legagneur, a small business owner, whose shop is a stone’s throw from the presidential palace, said Haitians would be scarred by the Petrocaribe scheme for years to come.

“That money is going to have to be paid to Venezuela one way or another,” he said. “If it’s not me, it’s my kids that are going to have to pay.”

(Reporting by Anthony Esposito in Port-au-Prince; Additional reporting by Marianna Parraga in Mexico city; Editing by Daniel Flynn and Lisa Shumaker)

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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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

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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)

Source: OANN

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