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Central Europe broadcaster CME reviews options including sale

A man enters the CME Group offices in New York
A man enters the CME Group offices in New York, U.S., October 18, 2017. REUTERS/Brendan McDermid

March 25, 2019

PRAGUE (Reuters) – Broadcaster Central European Media Enterprises (CME) said on Monday that it has launched a review of strategic options including possibly selling the company.

The announcement sent the company’s shares surging more than 8 percent on the U.S. Nasdaq exchange.

The group, majority owned by AT&T, operates 30 television channels in five central and east European markets and has been slashing its debt burden in recent years. Its net debt dropped to $765 million by the end of last year from $1.1 billion in 2017.

CME shares jumped 6.5 percent in Prague after it announced its review, to 86.3 crowns, the highest since August 2018, and were up 8.1 percent on the Nasdaq.

“(Strategic alternatives) may include, among other things, the sale of part or all of the company, a merger with another strategic partner, a recapitalization, or continuing to execute on CME’s long-term business plan,” the company said in a statement, adding it had AT&T’s support.

CME, with a market capitalization of $877 million at Friday’s close on the Nasdaq, has seen profits rise in recent years and has forecast a 10-12 percent rise at constant prices in core profit, or operating income before depreciation and amortization (OIBDA), this year, from $222.7 million in 2018.

That has prompted analysts and investors to speculate it could soon pay dividends or announce share buybacks.

CME said the review did not have to lead to a transaction and there was no timetable for the process.

It said it had hired Allen & Company LLC and BofA Merrill Lynch as financial advisors, and Covington & Burling LLP as legal advisor.

(Reporting by Jan Lopatka; Editing by Susan Fenton)

Source: OANN

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House Democrats increase demands for Trump tax returns, setting up potential court fight

House Democrats on Saturday increased their demands for the IRS to give them access to President Trump’s tax returns -- foreshadowing a lengthy legal battle in the courts

House Ways and Means Committee Chairman Richard Neal, D-Mass., told the IRS that the law gives Congress a right to the six years of Trump’s personal and business tax returns, and set a deadline for the agency to respond by April 23.

TRUMP LAWYER CALLS ON IRS TO REJECT DEM DEMAND FOR TAX RETURNS, SAYS IT WOULD SET 'DANGEROUS PRECEDENT'

Neal told IRS Commissioner Charles Rettig that if he does not respond to his letter, Neal will interpret that as denying the request, setting the stage for a potential court battle.

The Treasury Department missed an April 10 deadline last week set by Democrats to deliver the tax returns, and Secretary Steven Mnuchin said the department hadn’t decided whether to comply with the request.

“It is not the proper function of the IRS, Treasury, or Justice to question or second guess the motivations of the Committee or its reasonable determinations regarding its need for the requested tax returns or return information,” Neal wrote.

The letter marks the latest in a yearslong effort by Democrats to get access to Trump’s financial documents. Neal asked for Trump’s personal and business returns from 2013-18. Democrats say it is within their mandate of congressional oversight, but the unprecedented move has been opposed by Republicans.

AOC REMINDS TRUMP IN TWEET ABOUT TAX RETURN REQUEST: 'WE DIDN'T ASK YOU'

Trump has said repeatedly throughout the 2016 presidential campaign and his presidency that he can’t make public his tax returns because he is under audit.

A lawyer for Trump said in a letter last week that the efforts are an attempt to harass a political opponent and that it would set a “dangerous precedent” for the agency to turn them over.

“For good reason, it would be a gross abuse of power for the majority to use tax returns as a weapon to attack, harass, and intimidate their political opponents. Once this Pandora’s box is opened, the ensuing tit-for-tat will do lasting damage to our nation,” William S. Consovoy said in a letter to the Treasury’s general counsel.

In his letter, Consovoy said that Neal “cannot legally request” the information as the tax code guards taxpayer privacy with the exception of certain conditions -- which he says are not met.

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“Even if Ways and Means had a legitimate committee purpose for requesting the President’s tax returns and return information, that purpose is not driving Chairman Neal’s request,” he wrote.

“His request is a transparent effort by one political party to harass an official from the other party because they dislike his politics and speech,” he added.

The Associated Press contributed to this report.

Source: Fox News Politics

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Small plane crashes in California prison’s exercise yard, officials say

A small plane crashed at a California state correctional facility on Monday, officials said.

The Northrop N-9M crash-landed in the prison yard of the California Rehabilitation Center in Norco, Allen Kenitzer, a spokesperson for the Federal Aviation Administration (FAA) told Fox News on Monday.

SMALL PLANE CRASHES IN TEXAS, KILLING 6 PEOPLE, OFFICIALS SAY

Citing local authorities, the FAA said that only a pilot was onboard the single-engine aircraft. The condition of the pilot was not immediately clear.

It also was not immediately clear if any prisoners were in the yard at the time.

A plane crashed at the California Rehabilitation Center in Norco, California, on Monday, officials said.<br data-recalc-dims=
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A plane crashed at the California Rehabilitation Center in Norco, California, on Monday, officials said.<br><br> (Google)

The plane, however, "sustained substantial damage," according to Kenitzer.

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The FAA and the National Transportation Safety Board, which did not immediately return Fox News' request for comment, will investigate the crash.

The medium-security prison facility is located roughly 50 miles east of Los Angeles.

The Associated Press contributed to this report.

Source: Fox News National

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Trudeau defends measure to limit asylum claims in Canada

Prime Minister Justin Trudeau is defending legislation that would prevent people from "asylum shopping" in Canada, barring them from making such a claim if they previously applied for asylum in other safe countries, including the United States.

The proposal was included in a budget bill introduced this week in Parliament. The government is earmarking 1.18 billion Canadian dollars ($880 million) in spending over the next five years to reinforce border security and speed up processing of asylum claims.

Trudeau said Canada has been seeing larger numbers of refugee claims because of global instability. Sustaining Canadians' confidence in the country's asylum system means ensuring those who enter Canada do so according to the law, he said.

"That's why we're putting more resources in, and we're also ensuring the system is fair for everyone," Trudeau told reporters Wednesday.

Authorities say that since early 2017, more than 41,000 asylum-seekers have "irregularly" crossed into Canada, meaning they arrived without going through an official port of entry. By doing so, they take advantage of a loophole in Canada's Safe Third Country Agreement with the U.S. that allows people who cross irregularly to make refugee claims. Asylum-seekers trying to enter at official border crossings are turned back to the U.S. — a country Canada considers safe for them.

The influx of irregular migrants to Canada began after U.S. President Donald Trump announced he would end a program that offers temporary protected status to people from several countries, serving notice he would seek to return them to homelands that the United States had previously considered too dangerous. The U.S. also eliminated domestic and gang violence as possible grounds for asylum.

Refugee advocates, lawyers and opposition parties have questioned the asylum proposal, saying that disallowing asylum-seekers in Canada who have made prior refugee claims in other countries could see them sent back to dangerous situations.

Members of Parliament have asked to divide the non-budgetary measures from the budget bill so the asylum proposal can be voted on separately.

Source: Fox News World

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82-year-old suspect in 1976 shooting arrested in Wisconsin

Wisconsin authorities have arrested an 82-year-old man suspected of fatally shooting a young couple 43 years ago.

The Marinette County Sheriff's Office on Friday said DNA evidence links Raymond L. Vannieuwenhoven to the shootings of 25-year-old David Schuldes and 24-year-old Ellen Matheys. They were killed in the town of Silver Cliff in 1976.

Authorities arrested Vannieuwenhoven in the town of Lakewood in northern Wisconsin.

WLUK-TV reports the sheriff's office released new sketches of the suspect last summer using DNA from Matheys' clothing.

___

Information from: WLUK-TV, http://www.fox11online.com

Source: Fox News National

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Thieves in Kenya steal guns, ammo from police station while cops watch Champions League soccer

Thieves in Kenya had one goal on Tuesday - steal as many guns and ammunition as possible from an unguarded police station while the officers went to a nearby mall to watch soccer superstars Lionel Messi and Cristiano Ronaldo in the UEFA Champions League quarter finals.

The robbers walked away with three rifles and nearly two dozen rounds of ammunition in Nandi.

KENYA INQUEST SAYS POLICE KILLED BABY IN POLL PROTEST

When the cops returned around 1 a.m., they realized what had happened.

Barcelona forward Lionel Messi celebrates after scoring his side's second goal during the Champions League quarterfinal, second leg, soccer match between FC Barcelona and Manchester United at the Camp Nou stadium in Barcelona, Spain, Tuesday, April 16, 2019. (AP Photo/Manu Fernandez)

Barcelona forward Lionel Messi celebrates after scoring his side's second goal during the Champions League quarterfinal, second leg, soccer match between FC Barcelona and Manchester United at the Camp Nou stadium in Barcelona, Spain, Tuesday, April 16, 2019. (AP Photo/Manu Fernandez)

“All the officers left the post and went to watch UEFA football match at the nearby trading center and on returning to the post, they noticed the room of the in-charge which is also used as an armory in which the steel box is kept was broken,” the police report said.

KENYA MOVES CUBAN DOCTORS AWAY FROM BORDER AFTER ABDUCTIONS 

While the red-faced officers had some explaining to do,  it was not immediately clear if they faced disciplinary action for abandoning their post.

An investigation has been launched to recover the stolen goods and to catch the culprits.

Protesters face anti-riot police on October 25, 2017 in the Kondele district of Kisumu, an opposition stronghold in western Kenya, a day before the scheduled repeat presidential poll. (Photo credit should read JENNIFER HUXTA/AFP/Getty Images)

Protesters face anti-riot police on October 25, 2017 in the Kondele district of Kisumu, an opposition stronghold in western Kenya, a day before the scheduled repeat presidential poll. (Photo credit should read JENNIFER HUXTA/AFP/Getty Images)

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Soccer is an extremely popular sport in Kenya.

On Tuesday, Messi led Barcelona to a 4-0 aggregate win over Manchester United, while Ajax beat Ronaldo's Juventus 3-2 on aggregate to make it into the semi-finals. Barcelona will face Liverpool in the next round, while Ajax will take on Tottenham Hotspur.

Source: Fox News World

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House Judiciary Chairman Subpoenas Former White House Counsel Don McGahn

U.S. House Judiciary Committee Chairman Jerry Nadler on Monday subpoenaed former White House counsel Don McGahn to testify before the panel in its investigation of possible obstruction of justice by President Donald Trump.

In a statement, Nadler said the committee had asked for documents from McGahn by May 7 and for him to testify on May 21. Special Counsel Robert Mueller's report said Trump asked McGahn to fire Mueller.

"Mr. McGahn is a critical witness to many of the alleged instances of obstruction of justice and other misconduct described in the Mueller report," Nadler said.

An attorney for McGahn was not immediately available for comment.

Source: NewsMax Politics

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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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