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Lawyers for Venezuela’s Guaido ask U.S. court to protect Citgo

FILE PHOTO - Venezuelan opposition leader Juan Guaido attends a gathering with supporters in Caracas
FILE PHOTO - Venezuelan opposition leader Juan Guaido, who many nations have recognised as the country's rightful interim ruler, speaks during a gathering with supporters in Caracas, Venezuela April 5, 2019. REUTERS/Carlos Garcia Rawlins

April 5, 2019

(Reuters) – Representatives of Venezuelan opposition leader Juan Guaido have asked a U.S. court to overturn a prior ruling allowing Canadian miner Crystallex to seize part of U.S. refiner Citgo, which is owned by state oil company Petroleos de Venezuela.

Guaido heads the opposition-controlled National Assembly and in January invoked the country’s constitution to assume an interim presidency, arguing President Nicolas Maduro’s 2018 re-election was a fraud. The United States and most Western countries have recognized him as the country’s rightful leader.

Last year, a judge ruled Crystallex could seize shares in Citgo and auction them in its bid to get paid on a $1.4 billion award tied to the 2008 nationalization of its gold mining operations by the now cash-strapped South American country.

That conflicts with Guaido’s efforts to preserve the country’s assets abroad, especially Citgo, which is pledged as collateral to multiple creditors. His lawyers argued to an appeals court that a lower court’s ruling in favor of Crystallex be reversed in light of the new political circumstances.

“Such an auction would not just be unseemly; it would be dangerous, undermining U.S. foreign policy by impeding President Guaido’s ability to complete the transition of the Republic to democracy,” the attorneys with Washington law firm Arnold & Porter wrote in a brief dated April 3.

Guaido named a board of directors to Citgo in February, a move he described as “protecting our assets.” Last month, the U.S. Court of Appeals for the Third Circuit ruled Guaido’s representatives could request a stay, and gave them until this week to present their arguments.

Maduro, a socialist who says he is the victim of an attempted U.S.-led coup, has accused the opposition of trying to “steal” Citgo.

In its March 20 ruling allowing Guaido’s representatives to intervene in the case, the judge said Crystallex would have until April 10 to respond to its arguments.

(Reporting by Luc Cohen; editing by Chris Reese)

Source: OANN

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European shares rise for fifth day on banks boost

The German share price index DAX graph at the stock exchange in Frankfurt
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 5, 2019. REUTERS/Staff

April 16, 2019

By Medha Singh

(Reuters) – European shares gained for the fifth day on Tuesday, bolstered by bank and retails stocks while data out of China added to hopes of stabilization in the world’s second-largest economy.

The pan-European STOXX 600 index gained 0.2 percent by 0928 GMT led by Germany’s DAX 0.6 percent rise while Spanish and Italian bourses were flat to modestly lower.

Also encouraging investors was a ZEW survey showing the mood among German investors improved in April, as the growth outlook for Europe’s largest economy brightened amid a resilient global economy and a delay to Britain’s departure from the EU.

Zalando jumped more than 10 percent, making it the top performer on the STOXX and pushing the retail sector 0.7 percent higher after the e-commerce company said it expected to post an operating profit for the first quarter.

Another major boost to STOXX 600 were banks, the best performing sector this month after auto stocks.

Big Wall street banks Goldman Sachs and Citigroup reported disappointing revenue estimates on Monday, sending their shares lower. Still, both lenders beat quarterly profit estimates.

“We saw a sort of a selloff in Wall Street giants Goldman Sachs and Citigroup but if you look at the earnings, you can clearly see the earnings were really really strong,” said Naeem Aslam, chief market analyst at TF Global Markets (UK) Ltd in London.

“This optimism is really feeding into the European banking sector as well. When they will start to announce their earnings, the expectations are high that we are going to see some good numbers coming out of the European banks after a long time.”

Italy’s top bank, UniCredit SpA, gained after it and two subsidiaries agreed to pay $1.3 billion to U.S. authorities to settle investigations of violations of U.S. sanctions on Iran and other countries.

Steel pipe maker Tenaris also led gains on the pan-region index after an Argentine court reversed a decision against the company’s chief executive and chairman.

Security company G4S gained after it reported a 4.8 percent rise in first-quarter revenue and said it had made good progress in a review to separate its cash business.

Italian utility Ascopiave rose after A2A and other utilities made a joint non-binding bid for its assets.

Lufthansa reversed early losses to edge up 0.4 percent. Germany’s biggest airline posted a loss in the first-quarter hurt by rising fuel costs and overcapacity in Europe.

Hays Plc tumbled 4 percent as the British recruiter missed expectations for quarterly net fee growth below due to weakness in its biggest market, Germany.

Oil stocks including BP, Total and Royal Dutch Shell were the biggest weights on the STOXX 600, tracking declining crude prices.

Investors breathed a sigh of relief last week after central banks in the United States and Europe maintained their dovish stance and Britain lawmakers got an extension on their country’s exit from the European Union.

Signs that Sino-China trade talks are in their final stages have aided the recent buoyant mood. Closer to home, the European Trade Commissioner said late Monday that the European Union is ready to start talks on a trade agreement with the United States and aims to conclude a deal before the end of the year.

The index of STOXX 50 volatility, the main gauge of market anxiety in Europe, fell for the sixth day to touch its lowest since mid-January 2018.

(Reporting by Medha Singh and Susan Mathew in Bengaluru; Editing by Andrew Heavens)

Source: OANN

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Citi: Clients turn cautious on emerging markets after two weeks of inflows

A man walks past a Citibank branch in lower Manhattan, New York
FILE PHOTO: A man walks past a Citibank branch in lower Manhattan, New York October 16, 2012. REUTERS/Carlo Allegri

March 11, 2019

LONDON (Reuters) – Investment bank Citi said on Monday that its clients had turned cautious on emerging market assets over the last week, with both real money and leveraged investors pulling out funds following four weeks of inflows.

“Real money and leveraged investor flows turned negative across EM last week, suggesting trimming of EM exposure amidst decline in the EUR and risk assets in general,” Citi’s Dirk Willer wrote in a note to clients, referring to the week ending Friday March 8.

There was some divergence across regions, with real money outflows dominating investors’ movements last week. Indonesia’s rupiah, Hong Kong dollar, Malaysian ringgit and Philippine peso suffered the heftiest flows, Citi found analyzing its clients’ money flows.

“Anxiety over US-China deal and weakness of risk assets may have triggered trimming of exposure,” Willer wrote.

Data showed that investors pulled out of Latin America with Chilean and Colombian peso at the fore front, while low yielders such as Polish zloty and the Czech crown attracted flows.

(Reporting by Karin Strohecker; Editing by Tom Arnold)

Source: OANN

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Germans must spend for Europe: EU candidate Weber

EU centre-right lead candidate Weber poses during an interview with Reuters in Brussels
Manfred Weber, the centre-right European People's Party's lead candidate in the European Parliament elections, poses during an interview with Reuters in Brussels, Belgium, March 22, 2019. REUTERS/Francois Lenoir

March 22, 2019

By Alastair Macdonald

BRUSSELS (Reuters) – Germans must be ready to spend to bolster economies elsewhere in Europe, the German lead candidate for the EU center-right said on Friday as campaigning gets underway for European Parliament elections in May.

Manfred Weber, leader of the European People’s Party in the EU legislature and bidding to succeed Jean-Claude Juncker as EU chief executive, told Reuters his compatriots had to understand that rising anti-EU nationalism in struggling economies like Italy should be countered by greater European investment to stimulate growth.

Under him, he said, the European Commission would expand the investment programs launched under Juncker, a fellow conservative, maintaining tight controls on euro zone public spending but promoting expenditure on infrastructure and new technologies to compete in the globalized world economy.

Insisting he should not be seen as the candidate of the bloc’s powerhouse Germany, Weber said: “I am a European candidate so that’s why we have a European program in mind. That’s why I go to Germany and tell people, don’t be surprised that we have so much populism in Italy and the Germans don’t care about youth unemployment in Italy.

“We have to understand that Europe can only have a good future if they care about the concerns of others.

“It’s only a solidarity based Europe that will work and that’s my message, all over Europe.”

Germany, running a budget surplus, has faced criticism from France, Italy and other governments struggling to free up funds for investment, but Chancellor Angela Merkel’s government, with which Weber is aligned, has insisted that states must guard against wasteful expenditure and promote efficiencies.

Weber said there was funding available outside the public sector that should be encouraged: “We have a lot of money in Europe, there’s a lot of private money in Europe and we must … bring this money really alive,” he said.

The center-right would also distinguish itself from other pro-EU parties to its left by promoting free trade pacts and deepening Europe’s internal open market. It would promote better living standards in poorer EU states to curb the drive for migration of labor across the bloc, he said.

Chinese investment was welcome, he added, but there must be tougher screening to avoid the Chinese state exploiting Europe’s openness to acquire research secrets and undermine EU businesses.

DEMOCRACY DRIVE

Among challenges the next Commission will face will be from governments in the ex-Communist east, such as in Hungary and Poland, which criticize Brussels and are accused of undermining democracy by curbing media and judicial freedoms.

Weber this week helped steer the EPP to suspending its Hungarian member, Fidesz, the ruling party of Prime Minister Viktor Orban. Expulsion was still an option, he said, but for now Fidesz would be kept under review by an EPP monitor.

That, Weber said, was a model he could adopt if he succeeds Juncker. He would push for a mechanism to allow for annual reviews of governments’ support for the rule of law according to three criteria – fighting corruption, judicial independence and media freedom.

A Weber Commission would entrust senior independent jurists to review countries and, if need be, take them to the European Court of Justice under the EU’s infringement process. He would also seek to levy financial sanctions on states abusing rights.

Opinion polls ahead of the May 23-26 elections show the EPP would remain the biggest party in the European Parliament, giving Weber a solid chance of becoming Commission president, though he may face resistance from governments who do not want to be bound to choose from among party leaders.

Commission presidents have traditionally been former prime ministers or senior ministers but Weber said nominating a figure from parliament would bolster Europe’s democratic credentials at a time when the Union was under attack by populists.

“I want to live in a democratic Europe,” he said. “I don’t want to have a bureaucratic Europe.” He described the Council of national leaders as lacking transparency.

“I want to have a parliamentary democracy.”

(Editing by Janet Lawrence)

Source: OANN

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Futures point to flat opening on Wall Street

FILE PHOTO: Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid/File Photo

April 9, 2019

By Sruthi Shankar

(Reuters) – U.S. stock index futures pointed to a flat open for Wall Street on Tuesday, as focus shifts to the first-quarter earnings season that kicks off later this week.

Global stocks were on edge after the United States threatened to slap tariffs on hundreds of European goods on Monday as retaliation for subsidies given to Airbus, while expectations of another cut to the IMF’s global growth forecasts added to worries.

The European Union has begun preparations to retaliate over Boeing Co subsidies, an EU official said.

Boeing’s shares were down 0.2% in premarket trading.

Earnings begin in earnest, with Delta Air Lines Inc reporting on Wednesday followed by big U.S. lenders later this week.

Investors, however, are bracing for the first quarter of contracting earnings since 2016. January-March profits for S&P 500 companies are expected to fall 2.3% from last year, according to Refinitiv data.

At 7:15 a.m. ET, Dow e-minis were down 6 points, or 0.02%. S&P 500 e-minis were down 2 points, or 0.07% and Nasdaq 100 e-minis were down 7.75 points, or 0.1%.

Among other early movers, Walt Disney Co inched up 0.9% after Cowen and Co raised its rating on the company to “outperform”, citing its strong pipeline of products.

United States Steel Corp fell 3.7% after Credit Suisse downgraded the stock to “underperform”.

(Reporting by Sruthi Shankar and Shreyashi Sanyal in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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China bars human rights lawyer from US State Dept. program

A prominent Chinese human rights lawyer says he was blocked from leaving the country to participate in a U.S. State Department-sponsored studies program.

Chen Jiangang said he was pulled aside Monday at Beijing airport and told by a customs agent that he was forbidden to leave because he had represented another lawyer, Xie Yang, in an earlier case.

He said he was told that the U.S. government's acceptance of him as a visiting scholar also made him suspect.

As Xie's former lawyer, Chen had helped release his client's account of torture, for which he was himself detained.

Xie was released in mid-2017 after allegedly confessing in court to collaborating with foreign organizations and media to smear and subvert Communist Party rule.

Government critics frequently face such exit bans as punishment.

Source: Fox News World

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Media Worries About ‘Right Wing Anger’ & “Violence Against Muslims” Following Islamic Terror Attack in Sri Lanka

Following the slaughter of nearly 300 people, many of them Christians, by Islamic terrorists in Sri Lanka, the mainstream media is worried about ‘right-wing anger’ and “violence against Muslims”.

Yes, really.

The Washington Post published a story entitled Christianity under attack? Sri Lanka church bombings stoke far-right anger in the West.

The article downplays the notion of Christianity being under attack as merely a “theme” for right-wing activists.

In reality, there are 105 churches and/or Christian buildings burned or attacked every month. An average of 345 Christians are also killed for faith-related reasons every single month.

Another article published by UK outlet LBC cites an analyst who worries that the Sri Lanka massacre “may lead to further violence against Muslims”.

This has become par for the course. After every single Islamic terror attack, the media either victim blames or runs defense for Islam.

The alternative, that Islam has an implicit problem with violence because of what is written in the Koran and needs to be reformed, is too difficult to stomach.

Next time a right-wing lunatic shoots up a mosque, is the media going to publish stories hand-wringing with concern about the threat to white people or conservatives?

Don’t hold your breath.

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Source: InfoWars

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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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Well, Joe Biden didn’t exactly clear the field.

I don’t think it matters much that Biden waited until yesterday to become the 20th Democrat vying for the nomination, even though it exposed him to weeks of attacks while he seemed to be dithering on the sidelines.

A much greater warning sign, in my view, is the largely negative tone surrounding his debut. He is, after all, a former vice president, highly praised by Barack Obama, who has consistently led in the early primary polls, and beating President Trump in head-to-head matchups. Yet much of the press is acting like he’s an old codger and it’s just a matter of time before he keels over politically.

This is all the more remarkable in light of the fact that the vast majority of journalists and pundits know and like Joe Biden and his gregarious personality.

The reason is that Biden, after a half-century in politics, lacks excitement, and the press is magnetically attracted to novel and unorthodox types like Beto and Mayor Pete. You don’t see Biden on the cover of Vanity Fair, and a grind-it-out win by a conventional warrior doesn’t set journalistic hearts racing.

JOE BIDEN ANNOUNCES 2020 PRESIDENTIAL BID: 3 THINGS TO KNOW ABOUT THE FORMER VICE PRESIDENT

For many in the media, Biden isn’t liberal enough, at least not for the post-Obama era. He doesn’t promise free college and free health care and has a history of working with Republicans, such as John McCain (whose daughter Meghan loves him, and Biden will hit “The View” today.)

What’s more, Biden’s campaign style — speak at rallies, rack up union endorsements — seems hopelessly old-fashioned when we measure popularity by Instagram followers. News outlets are predicting he’ll have trouble getting in the online fundraising game, leaving him reliant on big donors, which used to be standard practice.

And then there’s the age thing. Biden would be the oldest president to be inaugurated, at 78, and he looked a step slow in encounters with reporters yesterday and a few weeks ago.

But what if the journalists are in something of a Twitter bubble, and the actual Democratic Party is much more moderate? We saw that with the spate of allegations by women of unwanted touching, which dominated news coverage until polls showed that most Dem voters weren’t concerned. In that wider world, the Scranton guy’s connection to white, working-class voters could help him against Trump in the industrial Midwest.

SUBSCRIBE TO HOWIE’S MEDIA BUZZMETER PODCAST, A RIFF OF THE DAY’S HOTTEST STORIES

Biden denounced the president’s term as an “aberrant moment” in his launch video, saying four more years would damage the country’s character and “I cannot stand by and watch that happen.”

But first, he’d have to win the nomination in the face of an unenthusiastic press corps.

A New York Times news story said Biden would be “marshaling his experience and global stature in a bid to lead a party increasingly defined by a younger generation that might be skeptical of his age and ideological moderation.”

The Washington Post quoted Democratic strategists as saying that Biden faces an “uphill battle” and “isn’t necessarily the heir apparent to Obama, despite being his No. 2 in the White House for eight years. They argue voters will judge Biden by the span of his decades-long career and are worried the veteran pol hasn’t yet found a winning formula for his own candidacy.”

The liberal Slate said the ex-veep’s rivals view him as a “paper tiger”:

“Biden is something more like a 2016 Jeb Bush: a weak establishment favorite whose time might be past … Biden’s biggest challenge in the primary will be a compromised past spanning nearly 50 years.”

“Compromised” suggests a history of scandal, yet what Slate means is political baggage, such as his backing of a Clinton-era crime bill unpopular with black voters today. Yet I think the rank and file isn’t as concerned about a vote back in 1994, or even the Anita Hill hearings, as the chattering classes.

BIDEN’S SENATE RECORD, ADVOCACY OF 1994 CRIME BILL WILL BE USED AGAINST HIM, EX-SANDERS STAFFER SAYS

One of the few left-leaning pundits to suggest the press is underestimating Biden is data guru Nate Silver at 538:

“Media coverage could nonetheless be a problem for Biden. Within the mainstream media, the story of Biden winning the nomination will be seen as boring and anticlimactic. That tends not to lead to favorable coverage. Meanwhile, some left-aligned media outlets may prefer candidates who are some combination of more leftist, more wonkish, more reflective of the party’s diversity, and more adept on social media.

“If Biden is framed as being out of touch with today’s Democratic Party and that narrative is repeated across a variety of outlets, it could begin to resonate with voters who don’t buy it initially. If he’s seen as a gaffe-prone candidate, then minor missteps on the campaign trail could be blown up into big fumbles.”

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Look, it’s entirely possible that Biden could stumble, get lapped in fundraising and just be outclassed by younger and savvier rivals. He was hardly a great candidate in 1987 and in 2008.

But if the former vice president finds his footing and the field narrows, the press will be forced to change its tune, and we’ll see a spate of stories about how Joe Biden has “grown.”

Source: Fox News Politics

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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