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Buttigieg Raises $7 Million in First Quarter

South Bend, Indiana Mayor Pete Buttigieg tweeted on Monday that he has raised more than $7 million in the first quarter of this year.

Buttigieg, who has yet to officially announce his 2020 presidential campaign for the Democratic nomination, added that although the figure is a preliminary analysis, it is “out-performing expectations at every turn.”

The South Bend mayor thanked his supporters and said he would send out a “complete analysis later.”

Although Buttigieg’s donations are expected to be significantly less than other Democratic candidates for president, it is still an impressive haul for a relatively unknown in national politics who has not yet declared his candidacy, according to The Hill.

The mayor announced last month that he had received money from 76,000 individual donors, which is beyond the threshold determined by the Democratic National Committee for a spot in the first debate of the 2020 cycle.

Buttigieg, who is a Navy veteran and the only openly gay candidate, was a surprising third in an Emerson poll released last week of the Iowa caucus.

In that survey, former Vice President Joe Biden led the Democratic field with 25 percent, followed by Vermont Sen. Bernie Sanders at 24 percent and then Buttigieg at 11 percent.

Source: NewsMax Politics

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We Should Be Alarmed By The Uproar Over Barr

In his testimony Wednesday before a Senate Appropriations Committee subcommittee, Attorney General William Barr made statements that were so clearly correct, they should be no more controversial than asserting that the sky is blue. The fact that they are causing consternation is what should alarm people.

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Fresh iceberg ruptures in Chile’s Patagonia raise alarm

Two new icebergs are seen after breaking off from the Grey glacier in Aysen, Chile's Patagonia
Two new icebergs are seen after breaking off from the Grey glacier in Aysen, Chile's Patagonia, March 9, 2019. Picture taken March 9, 2019. Ricardo Jana/Courtesy of Chilean Antarctic Institute (INACH)/Handout via REUTERS

March 12, 2019

By Fabian Cambero

SANTIAGO (Reuters) – Two new icebergs have broken off the Grey Glacier in Chile’s Patagonia in recent weeks, amid fears that such ruptures are becoming more frequent, scientists told Reuters.

The breaks, which occurred on Feb. 20 and March 7, came after a larger block of ice the size of three soccer fields, (380 meters (1,247 feet) by 350 meters, separated from the glacier, which sits in a glacial lake in Torres del Paine National Park in southern Chile, in November 2017.

The most significant rupture to the glacier before that was recorded in the early 1990s. Scientists link the increased frequency of breaks to rising temperatures.

“There is a greater frequency in the occurrence of break-off in this east side of the glacier and more data is required to assess its stability,” said Ricardo Jana, researcher and member of the climate change area of ​​the Chilean Antarctic Institute (INACH).

In recent days, “temperature rises above the normal average and intense rainfall were registered together with an increase in water level in the lake, factors that could explain the separation,” he added.

Researchers from universities in Germany and Brazil, together with experts from INACH and other local entities, have been studying the Grey Glacier since 2015 under an international cooperation program.

In December of this year, Chile will host the United Nations climate change summit, COP 25.

(Reporting by Fabián Andrés Cambero; writing by Aislinn Laing; Editing by Steve Orlofsky)

Source: OANN

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U.S. import prices rise for third month

FILE PHOTO: A ship loaded with containers is pictured at Yusen Terminals on Terminal Island at the Port of Los Angeles
FILE PHOTO: A ship loaded with containers is pictured at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California, U.S., January 30, 2019. REUTERS/Mike Blake -/File Photo

April 12, 2019

WASHINGTON (Reuters) – U.S. import prices increased for a third straight month in March, driven by higher fuel prices, but the underlying trend remained soft.

The Labor Department said on Friday import prices rose 0.6 percent last month, boosted by increases in the costs of fuels and industrial supplies. Data for February was revised higher to show import prices rising 1.0 percent, the largest monthly advance since May 2016.

Petroleum prices rose 4.7 percent in March, slowing from February’s 9.7 percent gain. Industrial supplies and materials were up 2.7 percent.

Economists polled by Reuters had forecast import prices rising 0.4 percent in March. Excluding petroleum, import prices rose 0.2 percent.

In the 12 months through March, import prices were unchanged after declining on an annual basis in the three prior months.

Export prices rose 0.7 percent in March, after rising by the same margin in February. Economists had expected a 0.2 percent gain.

Export prices rose 0.6 percent on a year-on-year basis in March after rising 0.3 percent in February.

(Reporting by Andrea Ricci; Editing by Chizu Nomiyama)

Source: OANN

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Qatar to launch energy-focused Islamic bank with $10 billion capital

FILE PHOTO: A general view of the Corniche Towers is seen in Doha
FILE PHOTO: A general view of the Corniche Towers is seen in Doha, Qatar February 5, 2019. REUTERS/Stringer/File Photo

March 19, 2019

DOHA (Reuters) – Qatar will launch an energy-focused Islamic lender later this year with a targeted capital of $10 billion to finance both domestic and global projects, an executive said on Tuesday.

Tiny but wealthy Qatar is one of the most influential players in the liquefied natural gas market with annual production of about 77 million tonnes, and it plans to increase this over 40 percent to 110 million by 2024.

Speaking at an Islamic Finance conference in Doha, executives launching Energy Bank said it would be the largest Islamic energy-focused lender in the world, and would target private sector and government energy projects, both at home and abroad.

Mohammed al-Marri, chairman of Energy Bank’s media committee, said operations would begin in the fourth quarter of 2019.

“With paid-up capital of $2.5 billion, the establishment of Energy Bank in Qatar comes in light of the incredible growth projected for Qatar’s energy sector,” Marri told a news conference.

Marri declined to specify how or when the bank planned to raise its capital to the $10 billion target. He said it would focus on financing oil and gas, petrochemicals, and renewable energy projects, but declined to specify how much would be allocated for lending outside the country.

(Reporting by Eric Knecht; Writing by Saeed Azhar; Editing by Louise Heavens and Emelia Sithole-Matarise)

Source: OANN

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Egypt’s leader raises minimum wage to 2,000 EGP from 1,200

Egypt President Abdel Fattah el-Sissi says he has raised the minimum wage to 2,000 Egyptian pounds ($115.74) per month from 1,200 ($69.27).

He says in televised comments Saturday that the raise is intended to ease the burdens on Egyptians hurt by painful austerity measures in recent years.

The measures were part of an ambitious economic reform program intended to revive the country's economy mauled by years of political turmoil and violence.

The reforms included floating the currency, substantial cuts in state subsidies, and introducing a wide range of new taxes. The reforms were agreed on with the International Monetary Fund in exchange for a $12 billion loan.

The measures led to a significant rise in prices and services, something critics say has hurt the poor and middle class the hardest.

Source: Fox News World

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Conservative Journalist Crashes Press Conference With Congressman TJ Cox & Jim Costa & Gets Kicked Out By Security

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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Source: InfoWars

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It’s the type of crime that doesn’t happen every day.

Police in the suburbs of Philadelphia say three suspects broke into a medical facility in Wynnewood, Pennsylvania, last Saturday and fled with 18 colonoscopies – devices used for examining the health of patients’ colons.

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

AMERICAN SUPERMODEL PAT CLEVELAND ‘STAYING STRONG’ FOLLOWING COLON CANCER DIAGNOSIS

The devices were reportedly worth a total of about $450,000, authorities said.

But police were perplexed about what the suspects might have planned to do with the instruments.

“This is not something that a typical pawn shop might accept,” Lower Merion Police Detective Sergeant Michael Vice told Philadelphia’s WCAU-TV. “My feeling would be that it was some type of black market sales.”

Such a market apparently does exist, Lower Merion Police Superintendent Michael J. McGrath told Philly.com.

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“They appeared to know precisely where to go, and they pried the door open,” McGrath said of the suspects, who were captured on surveillance video leaving the facility, carrying bulging backpacks.

Police are hoping the suspects will be caught in the end.

Source: Fox News National

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