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Blackstone to switch from a partnership to a corporation

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid

April 18, 2019

NEW YORK (Reuters) – Blackstone Group LP, the world’s largest manager of alternative assets such as private equity and real estate, said on Thursday it would convert from a partnership to a corporation, in a bid to get more investors into its stock.

Blackstone is hoping the move will boost its share price, which has for more than a decade traded at a discount to traditional asset managers such as BlackRock Inc.

It will a remove a tax shield it enjoys now, in exchange for enabling investors such as mutual funds and index trackers to buy the stock.

Blackstone also announced first-quarter earnings on Thursday, reporting distributable earnings – the actual cash available for paying dividends – of $538 million in the first quarter, up from $502 million a year earlier.

(Reporting by Greg Roumeliotis in New York; Editing by Bernadette Baum)

Source: OANN

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France tries to contain oil spill off Atlantic Coast

French authorities are working to contain an oil spill off the Atlantic Coast after an Italian tanker sank following a fire.

French and British rescue teams saved all 27 people aboard the Grande America after it sank Tuesday, according to a French government statement.

Images released Thursday by the French navy showed flames and plumes of black smoke spewing from the ship as it listed sharply.

The regional maritime authority says the ship has since leaked oil over an area of about 10 kilometers (6 miles) long and one kilometer wide.

A French cleanup ship was expected in the area Thursday. France has also reached out to the European Maritime Security Agency for help.

The ship sank about 330 kilometers (200 miles) west of the French city of La Rochelle.

Source: Fox News World

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Watch: Bernie Compares Felons Voting to Women and Black Voting Rights

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Source: InfoWars

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New Zealand mosque shooting suspect ‘changed completely’ after traveling to Europe, other countries, family says

The Australian man suspected of killing 50 people at two New Zealand mosques on Friday “changed completely” after he traveled to countries in Europe and other parts of the world following his father’s death in 2010, his family said.

The 28-year-old suspect, who Fox News is not naming, appeared in court Saturday on a murder charge, although the judge said “it is reasonable to assume that there will be others.” The suspect’s grandmother, Marie Fitzgerald, 81, told Australia’s 9News on Saturday that she saw her grandson about a year ago and didn’t spot any red flags, even though investigators believe he had been plotting the massacre for two years.

The mosque shooting suspect, charged for murder in relation to the mosque attacks, is seen in the dock during his appearance in the Christchurch District Court, New Zealand.

The mosque shooting suspect, charged for murder in relation to the mosque attacks, is seen in the dock during his appearance in the Christchurch District Court, New Zealand. (Reuters)

“He was just his normal self you know,” Fitzgerald told 9News. “We all chatted and had a meal together to celebrate that occasion and now everyone is devastated.”

‘XENA’ STAR LUCY LAWLESS, A NEW ZEALAND NATIVE, SINGS TRIBUTE TO MOSQUE SHOOTING VICTIMS

Fitzgerald said the 28-year-old’s father died from cancer in 2010 and the death took a toll on him. The accused gunman, who grew up in New South Wales, Australia, then began traveling to countries in Europe and other parts of the world and returned a changed man, his grandmother said.

“It’s only since he traveled overseas I think that this boy has changed completely,” Fitzgerald said.

The family said they are cooperating with investigators and said they are “shattered” for those who were killed.

Marie Fitzgerald, the suspect's grandmother, and Terry Fitzgerald, the suspect's uncle, spoke out after the New Zealand mass shooting.

Marie Fitzgerald, the suspect's grandmother, and Terry Fitzgerald, the suspect's uncle, spoke out after the New Zealand mass shooting. (CHANNEL 9 via AP)

“We are so sorry for the families for the dead and the injured. I can’t think nothing else -- just shattered is the word," the suspect’s uncle Terry Fitzgerald said.

Tracey Gray, who previously hired the suspect as a personal trainer at Big River Squash and Fitness Center in Grafton, also told 9News the suspected gunman quit his job at the gym by early 2012 to travel the world.

“He was professional, he was punctual, reliable... as normal as one person to the next. He never showed any extremes or extremist views or any crazy behavior,” Gray recalled of her former employee.

Gray said the 28-year-old “had no specific destination.”

NEW ZEALAND MOSQUE MURDERS REMIND ME OF MASSACRE AT PITTSBURGH SYNAGOGUE I ATTENDED

Friends of a missing man grieve outside a refuge center in Christchurch.

Friends of a missing man grieve outside a refuge center in Christchurch. (AP)

"It was my understanding he was open to see the world, to see as many places as possible. He just wanted to experience different experiences,” she said.

The suspect wrote in his 74-page manifesto that he paid for his travels using money from bitcoin investments and described himself as a white supremacist who was out to avenge attacks in Europe perpetrated by Muslims.

NEW ZEALAND MASSACRE SUSPECT MADE STOPS IN NORTH KOREA, PAKISTAN DURING GLOBAL TRAVELS, REPORTS SAY

Authorities said the suspect traveled to the Balkans in the past three years and toured historic sites while studying battles between Christians and the Ottoman empire. He visited Serbia, Montenegro, Bosnia and Herzegovina, and Croatia, in late 2016, Bulgarian Chief Prosecutor Sotir Tsatsarov told Reuters. He made a trip to Bulgaria, Romania and Hungary last November.

In 2017, he traveled to France, Spain and Portugal, Reuters reported.

Mourners place flowers as they pay their respects at a makeshift memorial near the Masjid Al Noor mosque in Christchurch, New Zealand, Sunday, March 17, 2019, where one of the two mass shootings occurred.

Mourners place flowers as they pay their respects at a makeshift memorial near the Masjid Al Noor mosque in Christchurch, New Zealand, Sunday, March 17, 2019, where one of the two mass shootings occurred. (AP)

Bulgarian Foreign Minister Elaterid Zachariah said the mosque shooting suspect had a “very serious knowledge of the Balkan history in details I would say even few people in the Balkans know.”

The suspect also visited Turkey twice in 2016 — on March 17-20 and from Sept. 13 to Oct. 25, State broadcaster TRT said. On his Facebook page that has since been taken down, the suspect also visited Pakistan last year.

While the details of  the suspect's travels are sketchy, authorities in those countries said they are investigating his movements and any contacts he might have had with local people.

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Officials raised the death toll of the mosque massacres to 50 on Sunday as New Zealand Prime Minister Jacinda Ardern said a small number of bodies would be released to families.

Friday’s attack was New Zealand’s deadliest shooting in modern history.

The Associated Press contributed to this report. 

Source: Fox News World

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Fox News Town Hall with Howard Schultz — live blog

Howard Schultz, the former Starbucks CEO and potential 2020 presidential contender, joins Fox News' Bret Baier and Martha MacCallum at a town hall in Kansas City, Missouri.

Follow FoxNews.com's live blog below. Mobile users click here.

Source: Fox News Politics

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The Latest: Hearing underway for Karadzic appeals decisions

The Latest on a U.N. court's decision on the conviction and sentencing of ex-Bosnian Serb leader Radovan Karadzic (all times local):

14:10 p.m.

A hearing is underway at a United Nations court where judges will hand down their decisions in the appeal by former Bosnian Serb leader Radovan Karadzic against his convictions and 40-year sentence for masterminding atrocities in his country's devastating 1992-95 war.

Karadzic appealed his 2016 convictions for genocide, crimes against humanity and war crimes, as well as his sentence. The judges are also set to rule on whether Karadzic should have been acquitted of a second count of genocide.

Karadzic, wearing a dark suit and red tie, was led into court by U.N. guards, before confirming to the presiding judge that he could follow the proceedings in a language he understood at the start of the hearing at the International Residual Mechanism for Criminal Tribunals.

___

11 a.m.

United Nations judges are set to hand down their decisions in the appeal by former Bosnian Serb leader Radovan Karadzic against his convictions and 40-year sentence for masterminding atrocities in his country's devastating 1992-95 war.

Karadzic appealed his 2016 convictions for genocide, crimes against humanity and war crimes, as well as his sentence. Prosecutors appealed his acquittal on a second count of genocide during Europe's bloodiest conflict since World War II.

Relatives of victims of the war gathered outside the courtroom Wednesday ahead of the hearing that will announce the decisions.

Karadzic is one of the most senior figures tried by the Hague war crimes court. His case is considered as key in delivering justice for the victims of the conflict, which left over 100,000 people dead and millions homeless.

Source: Fox News World

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Algeria’s Bouteflika to return to the country on Sunday: source

FILE PHOTO: Algerian President Abdelaziz Bouteflika is seen in Algiers
FILE PHOTO: Algerian President Abdelaziz Bouteflika is seen in Algiers, Algeria April 9, 2018. REUTERS/Ramzi Boudina/File Photo

March 10, 2019

ALGIERS (Reuters) – Algeria’s President Abdelaziz Bouteflika is expected to return to the country on Sunday, a source familiar with the matter told Reuters.

The Algerian government plane that took Bouteflika to Geneva for medical treatment last month left Algerian airspace and headed north earlier on Sunday, flight radar applications showed. [nL8N20X055]

(Reporting By Lamine Chikhi; Editing by Elaine Hardcastle)

Source: OANN

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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.”

CLICK HERE TO GET THE FOX NEWS APP

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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