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Putin: We'll target U.S. if Washington deploys missiles in Europe

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Russia will respond to any U.S. deployment of short or intermediate-range nuclear weapons in Europe by targeting not only the countries where they are stationed, but the United States itself, President Vladimir Putin said on Wednesday (February 20). Rough Cut (no reporter narration).

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5 injured in industrial building blast near Stockholm

Police in Sweden says five people sustained minor injuries when a blast occurred in an industrial area northwest of Stockholm.

Police in the Swedish capital say the blast took place shortly after midnight Wednesday at an industrial building, shattering its glass windows as well as those at a nearby hotel in Vinsta. A number of cars also suffered damage.

It wasn't immediately clear what caused the explosion.

A police statement Wednesday said three people received medical treatment on the spot while two others were taken to a local hospital.

The area was sealed off and forensics were at work on the scene.

No arrests have been made. The blast was not believed to be terror-related.

Source: Fox News World

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German SPD chief wants to extend arms export halt to Saudi

German Social Democratic Party (SPD) leader Nahles delivers a statement following the Hesse state election, in Berlin
FILE PHOTO: German Social Democratic Party (SPD) leader Andrea Nahles delivers a statement following the Hesse state election, in Berlin, Germany, October 29, 2018. REUTERS/Hannibal Hanschke

March 19, 2019

BERLIN (Reuters) – The leader of Germany’s Social Democrats (SPD), junior partners in conservative Angela Merkel’s coalition, wants to extend a freeze on arms exports to Saudi Arabia imposed after the killing of Saudi journalist Jamal Khashoggi, she said on Tuesday.

“I will speak out for and propose to my parliamentary party that there is an extension of the stop, the moratorium, for another six months,” SPD leader Andrea Nahles said before a party meeting.

(Reporting by Andreas Rinke; Writing by Madeline Chambers; Editing by Michelle Martin)

Source: OANN

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Mexico to issue limited humanitarian visas to migrants

Mexican immigration officials plan to issue humanitarian visas on a "limited basis" starting Monday to some of the roughly 2,500 Central American and Caribbean migrants gathered in the southern state of Chiapas.

The National Migration Institute said Sunday it will give priority to women, children and those over the age of 65 "whose situation merits" such visas. The authority said it would also provide bus transportation back to Guatemala, El Salvador and Honduras for citizens of those countries, and air transport home to migrants from Cuba, Haiti and Nicaragua.

The statement comes as President Donald Trump threatens to close U.S. border crossings with Mexico unless the country prevents thousands of Central American migrants from reaching the U.S. border, where they either cross stealthily or request asylum.

Source: Fox News World

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ACLU reaches settlement with Facebook on discriminatory ads

FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration

March 19, 2019

(Reuters) – The American Civil Liberties Union (ACLU) said on Tuesday as part of a settlement with Facebook Inc the social network will make changes to its paid advertising platform to prevent discrimination in employment, housing and credit ads.

Facebook will also take proactive steps to prevent advertisers from discriminating users based on race, sex and age, ACLU said in a statement.

Since late 2016, Facebook has faced legal pressure related to its ad targeting practices from the ACLU, Outten & Golden LLP, the Communications Workers of America, job seekers and consumers, and fair housing and civil rights organizations.

Facebook in the past had reached a similar agreement with the Washington state to end discriminatory ad targeting, and had said it removed thousands of categories related to potentially sensitive personal attributes from its exclusion ad targeting tools.

(Reporting by Akanksha Rana and Munsif Vengattil in Bengaluru; Editing by Arun Koyyur)

Source: OANN

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Owen Shroyer As ‘Oh Holy Cow’ At Beto O’Rourke Rally

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Source: InfoWars

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Doubts increase that first quarter will be earnings low point

Traders work on the floor at the NYSE in New York
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid

March 22, 2019

By Caroline Valetkevitch

NEW YORK (Reuters) – As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings.

Concerns about economic weakness in the United States and abroad and the lack of a U.S.-China trade deal are hanging over the outlook, even as the Federal Reserve’s dovish stance on interest rates is expected to relieve some of the pressure on companies.

Another potential reason to worry: the spread between yields on Treasury bills and the 10-year note, a closely watched signal on the health of the economy, inverted on Friday for the first time since 2007.

As stocks sold off in December, some investors worried that 2019 would bring a profit recession for S&P 500 companies, with at least two quarters of year-over-year declines. The last U.S. profit recession ran from July 2015 through June of 2016.

Analysts reduced their earnings forecasts for the year as well. They now expect a 1.7 percent year-over-year earnings decline in the first quarter, with some profit growth in the rest of 2019, according to IBES data from Refinitiv.

With the market’s rebound this year, the Fed on pause and some expecting economic growth to improve after the first quarter, optimism seemed to be increasing that the profit outlook would stabilize after hitting a low point in the current quarter.

“It would be great if Q1 represented a low point, but I’m not betting on it,” said Jack Ablin, chief investment officer at Cresset Capital Management in Chicago.

“I worry that the comparisons are going to be much more difficult as we navigate the rest of the year.”

This year’s earnings already were expected to shrink dramatically compared with 2018, when steep corporate tax cuts fueled earnings gains of about 24 percent.

But since the start of the year, the forecast for second-quarter profit growth has fallen to 3.0 percent from 6.4 percent, while estimated growth for the third quarter has dropped to 2.7 percent from 4.9 percent, based on Refinitiv’s data. The fourth-quarter growth estimate has come down as well, though it is still relatively strong, at 9.1 percent, based on Refinitiv’s data.

Those numbers could keep falling, while the first-quarter forecast is likely to improve from here. Since 1994, earnings have surprised to the upside on average by 3.2 percent, according to Refinitiv data, which suggests first-quarter results could finish in positive territory.

Still, with investors largely discounting weaker earnings trends, the first-quarter reporting period could bring market volatility, Ameriprise Financial strategists said.

On Tuesday, FedEx Corp. cut its 2019 profit forecast for the second time in three months, causing its stock to drop and raising fresh worries about the impact of the trade conflict on earnings, with the company citing slowing global economic conditions and weaker trade growth.

Also, Nike’s shares were down more than 5 percent on Friday after it reported North American sales that fell short of expectations.

The United States and China were scheduled to reach a deal on trade by March 1, but the White House has said it needed more time.

“You need this trade dynamic to kind of get a little bit better. There are real concerns. FedEx’s numbers are a perfect example. There’s been a global growth slowdown and companies are communicating that in terms of their guidance for the first quarter and throughout the year,” said Anthony Saglimbene, Ameriprise’s global market strategist.

To be sure, a lot of those fears could be reversed if there is a resolution in the U.S. trade conflict with China, and if companies’ reports are surprisingly upbeat, he said.

Strategists said they expect to hear more from companies on the trade conflict when first-quarter reporting kicks into high gear around mid-April.

“So much is dependent on what we do with the trade situation with China. The real issue will be the global economy, and in particular, trade with China,” said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.

(Reporting by Caroline Valetkevitch; Editing by Alden Bentley)

Source: OANN

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Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas
Venezuela’s Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela April 8, 2019. REUTERS/Manaure Quintero

April 26, 2019

WASHINGTON (Reuters) – The U.S. Treasury Department on Friday imposed sanctions on Venezuela’s foreign minister and a Venezuelan judge, according to a statement on the department’s website.

Foreign Minister Jorge Arreaza and a judge, Carol Padilla, were targeted over the ongoing crisis in Venezuela, the Treasury Department said, the latest in a list of officials blacklisted by U.S. authorities for their role in President Nicolas Maduro’s government.

(Reporting by Susan Heavey, Makini Brice and Lesley Wroughton; Editing by Chizu Nomiyama)

Source: OANN

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Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

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Funeral of journalist Lyra McKee in Belfast
Labour Party leader Jeremy Corbyn attends the funeral service for murdered journalist Lyra McKee at St Anne’s Cathedral in Belfast, Northern Ireland April 24, 2019. Brian Lawless/Pool via REUTERS

April 26, 2019

LONDON (Reuters) – The leader of Britain’s opposition Labour Party, Jeremy Corbyn, said on Friday he had turned down an invitation to a state dinner which will be part of U.S. President Donald Trump’s visit to Britain in June.

“Theresa May should not be rolling out the red carpet for a state visit to honor a president who rips up vital international treaties, backs climate change denial and uses racist and misogynist rhetoric,” Corbyn said in a statement.

He said maintaining the relationship with the United States did not require “the pomp and ceremony of a state visit” and he said he would welcome a meeting with Trump “to discuss all matters of interest.”

(Reporting by Andy Bruce; Writing by William Schomberg)

Source: OANN

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A bedridden 67-year-old woman and more than a dozen animals were rescued Thursday after a welfare check found that they were living in a home filled with trash, urine, and feces, Florida police said.

Pinellas County sheriff’s deputies said when they arrived at the home in Dunedin around 7:20 p.m. Thursday, they could smell the odor of rotting trash and animal feces as they walked up to the driveway.

“Inside the residence, the odor of feces and urine was so overwhelming that deputies had to don masks,” the sheriff’s department said in a statement.

FLORIDA SHERIFF ON BORDER CRISIS AFTER MAJOR DRUG BUST: ‘IT MAKES ME ABSOLUTELY CRAZY’

Walking throughout the residence, the deputies found 10 emaciated dogs and puppies living in bins filled with their own feces, five large Macaw birds flying freely, rats, bugs and overall squalor.

Puppies discovered living in their own feces inside a Florida home that was filled with trash, urine, and feces.

Puppies discovered living in their own feces inside a Florida home that was filled with trash, urine, and feces. (Pinellas County Sheriff’s Office)

Deputies said due to the large amounts of trash in the home, they had to clear a path to reach the victim’s bedroom.

“None of the home’s toilets were working and all were found to be overflowing with feces,” deputies said. “The only working sink was located on the opposite end of the house from the victim’s bedroom.”

They said there was no food or water for the victim or the animals.

FLORIDA MAN IN EASTER BUNNY COSTUME CAUGHT IN VIRAL BRAWL IS WANTED IN NEW JERSEY, HAS HISTORY OF ARRESTS

The victim was transported to a local hospital for injuries that were non-life threatening, while the animals were transported to shelters.

The woman’s caretaker, Richard Lawrence Goodwin, 65, was arrested and charged with abuse and neglect of an elderly person, disabled person, and cruelty to animals.

Richard Goodwin, 69, was arrested for abuse and neglect of an elderly and disabled person after deputies found she was living in deplorable conditions.

Richard Goodwin, 69, was arrested for abuse and neglect of an elderly and disabled person after deputies found she was living in deplorable conditions. (Pinellas County Sheriff’s Office)

The sheriff’s department said this was Goodwin’s second arrest for abuse and neglect of the same victim. He was previously arrested in May 2018.

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Neighbor Victoria Muenzerbeer told FOX 13 that Goodwin and the victim were hoarders and the conditions inside the home were horrible years ago when she visited once.

“I went in and it was absolutely, a human being couldn’t live there,” she said. “The kitchen wasn’t usable and part of the wall was falling in.”

Source: Fox News National

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Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli
Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli, Libya April 25, 2019. REUTERS/Hani Amara

April 26, 2019

By Ulf Laessing

TRIPOLI (Reuters) – Libya’s U.N.-recognized government has budgeted up to 2 billion dinars ($1.43 billion) to cover costs of a three-week-old war for control of the capital, such as treatment for the wounded, to be funded without new borrowing, the economy minister said.

Ali Abdulaziz Issawi suggested the government hoped for business to continue more or less as usual despite the assault on Tripoli, in the country’s northwest, by forces tied to a parallel administration based in the eastern city of Benghazi.

Once Africa’s third largest producer of oil, Libya has been riven by factional conflict since the fall of Muammar Gaddafi in 2011, with the country now broadly split between eastern-based forces under Khalifa Haftar and the U.N.-backed government in Tripoli, in the west, under Prime Minister Fayez al-Serraj.

Still, with Haftar’s Libyan National Army forces unable so far to pierce defenses in Tripoli’s southern suburbs, normal life and business activities continue in much of the capital and western coastal towns.

Issawi, in an interview with Reuters in his Tripoli office, also said Libya’s commercial ports and wheat imports were still functioning normally, although some roads have been blocked.

He said the Serraj government estimates it will spend up to 2 billion dinars extra on medical treatment for wounded, aid for displaced people and other “emergency” war costs.

He said this was not military spending but analysts believe that the sum will also cover expenditures such as pay for allied armed groups or food for fighters.

“We could actually spend less,” he added, in comments that gave the first insight into the economic impact of the fighting.

Issawi said the Tripoli government, which controls little territory beyond the greater capital region, would not incur new debt to fund the war costs, sticking to a plan to post a 2019 budget without a deficit.

Tripoli derives revenue largely from oil and natural gas production, interest-free loans from local banks to the central bank, and a 183 percent surcharge on foreign exchange transactions conducted at official rates.

But with centralized tax collection greatly diminished, public debt has piled up – to 68 billion dinars in the west, including unpaid state obligations such as social insurance.

Some analysts expect Serraj’s government will be forced to raise new debt if the war for control of Tripoli drags on.

With much of Libya dominated by armed factions that also act as security forces, the public wage bill for both the western and eastern administrations has soared as fighters have been made public employees in efforts to buy their loyalty.

The east has sold bonds worth 35 billion dinars outside the official financial system as the Tripoli central bank does not fund the parallel government apart from some wages.

Despite its limited reach, the Tripoli government still runs an annual budget of around 46.8 billion dinars, mainly for public salaries and fuel subsidies.

“This year we cannot finance via debt…we will not borrow (by agreement with the central bank),” Issawi said.

According to International Monetary Fund data, Libya’s central government debt-to-GDP ratio is 143 percent, making it one of the most heavily indebted in the world on that measure.

Issawi declined to say what parts of the budget would be trimmed to support the extra outlay for war costs.

However, with some 70 percent of the budget allocated to public wages, fuel subsidies and other welfare benefits, a portion devoted to infrastructure is most likely to be axed.

Widespread lawlessness has meant there have been no major infrastructural projects since 2011, when a NATO-backed uprising overthrew dictator Muammar Gaddafi, leaving schools, hospitals and roads in acute need of restoration.

FOREX SURCHARGE

Issawi said the government planned to raise as much as 30 billion dinars by the end of 2019 from hard currency deals after imposing in September a 183 percent surcharge on commercial and private transactions done on the official rate of 1.4 to the U.S. dollar. That fee has effectively devalued the official rate to 3.9, much closer to the black market equivalent.

Some 17 billion dinars have been raised since then, with hard currency allocated for import credit letters now issued without delays, Issawi said. The forex fee has helped the government forecast a budget in the black for 2019.

Despite the narrowing spread between the two rates, the black market continues to thrive. Dozens of traders remained at their favorite spot behind the central bank headquarters in Tripoli when Reuters reporters visited it last week.

But traders said it could take time for the Serraj government to register the extra forex receipts as official banking channels were taking up to six months to approve import financing, keeping the black market in play for dealers.

Issawi said authorities planned to lower the forex fee from 183 percent, without saying when. The black market rate has dropped from 6 to around 4.1 since September but it has hardly moved of late as demand for black market cash remains high.

The Tripoli government has stopped subsidizing food and bread, which used to be cheaper than drinking water in Libya. Wheat imports are now being arranged by private traders and there are surplus stocks of flour at the moment, Issawi said.

(Reporting by Ulf Laessing in Tripoli with additional reporting by Karin Strohecker in London; Editing by Mark Heinrich)

Source: OANN

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