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Second Israeli dies of wounds from West Bank shooting attack

An Israeli hospital says a second Israeli has died from a West Bank shooting attack.

Beilinson Hospital says Ahiad Attinger, a 47-year-old father of 12, died on Monday of wounds he sustained in the shooting and stabbing attack near the settlement of Ariel the previous day. The attack also killed 19-year-old soldier Gal Keidan. A third Israeli was seriously wounded.

Israeli troops are still conducting a massive manhunt for the assailant, whom the military identified as a 19-year-old Palestinian.

The military says the attacker stabbed the soldier before stealing his assault rifle and opening fire at passing vehicles. He then carjacked another vehicle and sped away, firing toward more soldiers before escaping into a nearby Palestinian village. The military says it has surveyed his home for its future demolition.

Source: Fox News World

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Report: Pentagon Biggest Spender in End-of-Year Spree

The federal government spent $97 billion in a single month last year — almost two-thirds of it, $61 billion, attributed to the Pentagon, Military Times reported.

In an accounting by OpenTheBooks, a nonprofit aimed at bringing transparency and efficiency to the federal budget, recounted the so-called end of the year "use it or lose it" spending, the military news outlet reported.

The military spent the most — by far, the nonprofit's founder and CEO Adam Andrzejewski told Military Times.

"Let me be clear: Congress is the problem here, not DoD or other agencies," he told Military Times. "Historically, both parties tend to look the other way at Pentagon waste. This is a shame because the troops and taxpayers suffer. Lower priority items get funded while mission critical needs are short-changed."

Included in the stand-out purchases by the Pentagon was a $9,341 Wexford leather club chair purchased from the Interior Resource Group; $32 million worth of batteries, $4.3 million worth of books and pamphlets, $220 million worth of furniture, $7.6 million worth of workout equipment and $786.3 million spent on "guns, ammunition and bombs."

The Pentagon spent the most on five of those products: $124.3 million on medium caliber ammunition, $92.3 million for modification purposes, $75 million on the Paveway family of laser-guided bombs, nearly $54 million on M795 TNT, and $2.8 million on 40mm ammunition systems, Military Times reported.

Then there is food spending: The Pentagon spent $2.3 million on crab, including snow crab, Alaskan king crab, and crab legs and claws, as well as another $2.3 million on lobster tail, Military Times reported.

Some congressional leaders have shown an interest in reigning in this type of end-of-the-year spending, "but we need more," Andrzejewski told Military Times.

"Sens. Rand Paul [R-Ky.], Mark Warner [D-Va.] and Joni Ernst [R-Iowa] understand Congress needs to make structural reforms to get this problem under control," he added.

Source: NewsMax America

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Fed should cut rates by half a point, Kudlow tells Axios

FILE PHOTO: CPAC conference takes place in Maryland
FILE PHOTO: White House economic adviser Larry Kudlow gives a thumbs up after speaking at the Conservative Political Action Conference (CPAC) at National Harbor in Oxon Hill, Maryland, U.S., February 28, 2019. REUTERS/Kevin Lamarque

March 29, 2019

(Reuters) – The U.S. Federal Reserve should “immediately” cut interest rates by half a percentage point, White House economic adviser Larry Kudlow told Axios on Friday.

Kudlow’s comments in an interview with Axios aligned with those of Stephen Moore, the conservative commentator whom President Donald Trump has said he plans to nominate to a seat on the Fed’s board of governors. Moore has criticized the Fed for a series of rate hikes, which the bank signaled last week had come to an end for now.

Kudlow said he “would love to see” such a downward move by the Fed, adding that the central bank shouldn’t have ever set overnight interest rates past 2 percent.

(Reporting by Dan Burns;Editing by Jeffrey Benkoe)

Source: OANN

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Airbus says A320neo India deliveries back on track

An Airbus A320neo aircraft is pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse
An Airbus A320neo aircraft is pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse, France, October 17, 2017. REUTERS/Regis Duvignau

February 20, 2019

By Aditi Shah

Bengaluru (Reuters) – European aircraft maker Airbus deliveries of its A320neo aircraft are back on track in India with fewer problems being seen with the narrowbody jet’s Pratt & Whitney engines, a senior company executive said on Wednesday.

“Pratt has informed Airbus that engine issues have come down by a factor of four in the last 12 months,” said Airbus’ India head Anand Stanley, on the sidelines of the Aero India airshow in Bengaluru.

Last month, India’s aviation safety watchdog forced airlines to make extra checks on their Airbus A320neo aircraft fitted with Pratt & Whitney engines, as part of new safety protocols after temporary grounding orders affected the planes last year.

IndiGo, India’s biggest carrier by market share, and its low-cost rival GoAir, both fly the A320neos.

The aircraft, which entered service in early 2016, boasts significant fuel efficiency benefits, but it has been plagued by teething issues with its engines that have forced Interglobe Aviation-owned IndiGo and Wadia Group-owned GoAir to regularly ground a number of the planes.

This caused a backlog in deliveries of the planes by Airbus.

IndiGo has over 60 A320neos in its fleet and is one of Airbus’ biggest global customer with over 400 more A320neo and A321neo jets on order. GoAir has about 30 A320neos in its fleet and over 100 more of the jets ordered.

Stanley said that the reliability rate on A320neo engines is now 99.6 percent and that it has retrofitted engines of about 95 percent of the A320neos in service. It expects to finish work on the remainder in the next two months.

(Reporting by Aditi Shah; Writing by Euan Rocha; editing by Emelia Sithole-Matarise)

Source: OANN

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Republicans who voted against Trump's border emergency declaration

These are the Senate Republicans who voted against President Trump's border emergency declaration on Thursday:

  • Sen. Rand Paul, R-Ky.
  • Sen. Mike Lee, R-Utah
  • Sen. Susan Collins, R-Maine
  • Sen. Lisa Murkowski, R-Alaska
  • Sen. Lamar Alexander, R-Tenn.
  • Sen. Mitt Romney, R-Utah
  • Sen. Jerry Moran, R-Kan.
  • Sen. Pat Toomey, R-Pa.
  • Sen. Rob Portman, R-Ohio
  • Sen. Roger Wicker, R-Miss.
  • Sen. Marco Rubio, R-Fla.
  • Sen. Roy Blunt, R-Mo.

Source: Fox News Politics

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CNN Ratings Fall to All-Year Low – Overtaken by Hallmark Channel!

CNN has hit an all-year ratings low, according to Nielsen Media Research, and the network is especially hurting during prime time hours when it seems more Americans would rather watch Hallmark movies.

The network, which experienced a ratings boost thanks to Russiagate, is now shedding viewers after the Mueller probe fizzled away without the bombshell revelations the network’s viewers likely anticipated.

CNN had its lowest-rated week of the year in prime time, while MSNBC had its second lowest-rated week of the year in the 25-54 demo and its third lowest among total viewers in prime time,” reported TVNewser. “Yes, Fox News and MSNBC are consistently the two-most-watched basic cable networks, but they, along with CNN, are losing viewers relative to 2018.”

“In prime time, Fox News was -8% in total viewers, MSNBC was -28% in total viewers, while CNN was -47% vs. the comparable week in 2018.

Like CNN, the Rachel Maddow Show, hosted by MSNBC, also suffered a massive ratings drop after the wind-down of Mueller probe.

CNN is currently ranked #15 among cable channels during prime time, according to data released by Nielsen, which shows that the network, interestingly enough, got beat out by the Hallmark Channel.

Some of the Hallmark Channel’s nightly programming includes original movies such as Bottled With Love, A Ring by Spring, and Campfire Kiss, but it’s actually not surprising that more Americans are switching over to the non-political flair of the Hallmark Channel after getting burnt out by the constant negativity of cable news.

During the day, however, CNN fares a bit better; it’s currently ranked at #9, although still behind the Hallmark Channel.

It appears like they might have a difficult time bouncing back after investing two years of heavy coverage on the investigation into the Trump campaign’s alleged collusion with the Kremlin,” reported the Daily Caller.



Norm Pattis joins Alex Jones and Paul Joseph Watson to give his take on the recent arrest of Julian Assange.

Source: InfoWars

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German 2020 budget plan calls for 1.7 percent boost in spending: sources

50 and 20 Euro banknotes are displayed in this picture illustration
FILE PHOTO: 50 and 20 Euro banknotes are displayed in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration

March 18, 2019

BERLIN (Reuters) – The German government’s budget plan for 2020 calls for a 1.7 percent hike in spending to 362.6 billion euros and relies on ministries cutting costs to avoid incurring new debt given forecasts for slower economic growth, Finance Ministry sources said on Monday.

The plan assumes that Europe’s largest economy will grow by 1.0 percent in 2019, down from an initially projected 1.8 percent, the sources said.

The Economy Ministry last week said the economy had a subdued start to 2019 and probably grew moderately in the first quarter, its outlook dampened by trade conflicts and sluggish demand for industrial products among other factors.

To balance the budget, government ministries will have to identify combined spending cuts of 625 million euros each year, with program delays and other measures to contribute additional savings, the sources said.

In a move that could anger U.S. President Donald Trump, the budget foresees a further increase in military spending in 2020 but does not provide a plan for how to reach the NATO target of spending 2 percent of economic output on defense.

The ministry sources said military spending would rise by 2.1 billion euros over a previous plan for 2020, boosting the share of defense spending to 1.37 percent of gross domestic product from 1.25 percent in 2018 and 1.3 percent this year.

The military budget is slated to rise to 45.1 billion euros in 2020 from planned spending of 43.2 billion this year, a separate government source said.

However, the share of military spending would drop back to 1.25 percent in 2023, with any further spending increases to be negotiated year by year, the sources said. “We’re taking it one step at a time,” said one of the sources.

That leaves Germany well below the 2 percent target set by NATO members for 2024, and below the 1.5 percent share that Germany has pledged to meet by that date.

(Reporting by Holger Hansen and Andreas Rinke; Writing by Andrea Shalal; Editing by Thomas Seythal and Hugh Lawson)

Source: OANN

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

April 26, 2019

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

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

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

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

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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

April 26, 2019

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

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

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

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

Source: OANN

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

April 26, 2019

By Simon Jessop and Sinead Cruise

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

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

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

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

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

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

Sherborne declined to comment.

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

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

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

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

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

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

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

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

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

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

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

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

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

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

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

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

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

(Editing by Jane Merriman)

Source: OANN

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

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

Ron Magill/Zoo Miami

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

Source: Fox News World

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

April 26, 2019

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

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

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

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

Source: OANN

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