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Homeland Security Secretary Nielsen resigned

President Donald Trump says he's accepted the resignation of Homeland Security Secretary Kirstjen Nielsen. Trump announced the resignation in a tweet on Sunday.

Two sources said Nielsen went to the White House Sunday to speak with Trump following their trip to the border late last week. The people say she has been frustrated by difficulty getting other departments to help with the growing number of families coming crossing the border.

Nielsen had been on the chopping block before. Trump threatened to fire her and she previously considered resigning, but officials at the time recognized there were no obvious successors in place.

The people were not authorized to speak publicly about internal matters and spoke to The AP on condition of anonymity.

Source: Fox News National

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@limbaugh says @JoeBiden is @DNC best chance at beating @realDonaldTrump .. but he has no chance because of Lefty Dems #MagaFirstNews W/@Pet

@limbaugh says @JoeBiden is @DNC best chance at beating @realDonaldTrump ... but he has no chance because of Lefty Dems #MagaFirstNews W/@PeterBoykin Conservative radio host Rush Limbaugh said Tuesday that former Vice President Joseph Biden is the Democrats' best chance to defeat President Trump in e going to sit well with the rest of this party, which has gone so far left," Limbaugh said on "The Story with Martha MacCallum." Limbaugh also said Biden may not be fully ... See More committed to running in 2020. Biden's long-awaited 2020 presidential bid announcement has been pushed back from Wednesday to Thursday Bernie Sanders' call to let prisoners vote sparks heated debate - and an about-face from a rival From Meghan McCain and Whoopi Goldbergon "The View" to Cher on Twitter, 2020 presidential candidate Sen. Bernie Sanders caused quite a stir when he said during a CNN town hall Monday that convicted criminals in prison, including Boston Marathon bomber Dzhokhar Tsarnaev and rapists, should be allowed to vote. McCain seemed flabbergasted that Goldberg agreed with Sanders. Cher, an unapologetic celebrity liberal icon, blasted Sanders so thoroughly on Twitter that Donald Trump Jr. welcomed her to the Republican Party. The backlash appears to have caused potential 2020 rival, U.S. Sen. Kamala Harris, D-Calif., to rethink her views. After initially saying “we should have that conversation” about allowing criminals currently in prison to vote, Harris appeared to be backtracking, saying Tuesday that criminals such as murderers and terrorists should be deprived of their right to vote. Video White House fights Democrats' subpoenas, requests for Trump's tax records The White House will fight House Democrats' subpoena of testimony and documents from ex-White House counsel Don McGahn, Fox News is told -- and almost immediately, House Judiciary Committee chairman Jerry Nadler, D-N.Y, characterized the move as "one more act of obstruction" by the Trump administration. The brewing fight over the McGahn subpoena was poised to set up a series of other contentious legal showdowns as Democrats seek to publicly question more current and former Trump aides who were featured prominently in Special Counsel Robert Mueller's report on the Russia investigation. In addition, Carl Kline, a former White House personnel security director subpoenaed by Democrats, did not show up Tuesday for a scheduled deposition. To make matters worse between Democrats and the Trump White House, the administration defied a demand from Ways and Means Committee Chairman Richard Neal, D-Mass., to turn over six years of Trump's tax returns. Treasury Secretary Steve Mnuchin asked for more time and said he would give the panel a final decision by May 6. Hillary Clinton: Anyone other than Trump would have been indicted for obstruction Wall Street hopes for momentum after a super Tuesday All eyes will be on Wall Street on Wednesday after stocks closed at a new all-time high on Tuesday, as better-than-expected quarterly profits from some of the largest companies encouraged investors. The S&P 500 hit an all-time high, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S. and China, and concern the Federal Reserve was moving too aggressively to raise interest rates. Still, shares were mostly lower in Asia on Wednesday as the rally on Wall Street ran out of steam. Investors seemed unswayed by the S&P 500's performance. What is ... another new 'Jeopardy!' record? "Jeopardy!" champ James Holzhauer has just broken another record. On Tuesday's episode, the 34-year-old surpassed $1 million in the shortest time ever. His $118,816 win put his total take at $1,061,554 million after 14 games. This is the third separate record Holzhauer has shattered since he started competing on the game show. Last Wednesday, he won the episode with a total of $131,127, topping the one-day record he set earlier in his run of $110,914.

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U.S. sees Turkey’s Russian missile deal as national security problem for NATO

FILE PHOTO: Russian servicemen drive S-400 missile air defence systems during the Victory Day parade at the Red Square in Moscow
FILE PHOTO: Russian servicemen drive S-400 missile air defence systems during the Victory Day parade, marking the 73rd anniversary of the victory over Nazi Germany in World War Two, at Red Square in Moscow, Russia May 9, 2018. REUTERS/Sergei Karpukhin -/File Photo

March 14, 2019

By Steve Holland

WASHINGTON (Reuters) – Turkey’s pending purchase of the Russian S-400 missile defense system presents a national security problem for NATO, which would not be able to deploy F-35 aircraft alongside the Russian systems, senior U.S. officials said on Thursday.

The officials, who briefed a group of reporters on condition of anonymity, said Turkey’s purchase of the S-400 system was not tantamount to it withdrawing from NATO, but that Ankara’s purchase should be viewed as a national security issue, not a merely commercial decision.

“We are continuing to work on a range of options to ensure that Turkey’s participation in the NATO alliance and bilateral relationship can continue unabated and unimpinged,” one of the officials said.

“The gravity of the risk to the F-35 both to the United States and to NATO allies is such that the two systems cannot be co-located.”

NATO member Turkey has repeatedly said it is committed to buying the Russian missile defense system, despite warnings from the United States that the S-400s cannot be integrated into the NATO air defense system.

The U.S. State Department last week said Washington had told Turkey that if it buys the S-400 systems, the United States will have to reassess Ankara’s participation in the Lockheed Martin F-35 fighter program.

Washington has sought to persuade Turkey to instead purchase the American-made Patriot defense system, but Turkish President Tayyip Erdogan has said Ankara remains committed to the deal for the Russian S-400 surface-to-air missile defense system.

The senior U.S. officials said Washington’s offer to sell Patriots to Turkey continued and that the two sides remain in negotiations about it.

The Turkish government has already missed a “soft deadline” set by Washington to decide whether to buy a $3.5 billion Raytheon Co. Patriot missile shield system. The formal offer expires at the end of this month.

On Thursday, Erdogan repeated that it was not possible for Ankara to back out of the deal with Russia.

Turkey’s insistence on buying the Russian system risks triggering a fresh diplomatic crisis with Washington. If Ankara goes ahead with the Russian deal, Turkey also could face sanctions under a U.S. law known as Countering America’s Adversaries Through Sanctions Act.

The last diplomatic crisis between the two NATO allies contributed to driving the Turkish lira to a record low in August. Disputes over strategy in Syria, Iran sanctions and the detention of U.S. consular staff remain unresolved, and the issue of missile defense threatens to widen the rift again.

(Reporting By Steve Holland; Editing by Alistair Bell)

Source: OANN

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U.S. Renewable Fuel Standard is not working: Marathon CEO

A gas pump advertises E85 ethanol fuel in Des Moines
A fuel pump at a gas station in Des Moines advertises E85 ethanol fuel, December 6, 2007. REUTERS/Jason Reed

March 12, 2019

HOUSTON (Reuters) – The U.S. Renewable Fuel Standard (RFS) laws are not working and there is an “opportunity for a reset” of the standard in Washington, Marathon Petroleum Corp Chief Executive Gary Heminger said on Tuesday.

The RFS requires refineries to blend fuels with ethanol to reduce pollution, or pay for credits to subsidize those that do that blending.

Heminger, who leads the largest U.S. crude oil refiner, said that the standard has caused very volatile prices for those credits, and that it needs reform.

The Trump Administration has attempted to reform the standard, but has maintained much of the existing framework of the law due to support from corn producers in Iowa and other farming states.

Heminger said U.S. refiners already rely on ethanol to boost octane in gasoline.

“We need the octane,” he said. “Ethanol is a great source of octane. Ethanol shouldn’t be mandated.”

Speaking at the CERAWeek conference in Houston, Heminger said the switch to ultra-low sulfur diesel fuel for ships scheduled for Jan. 1, 2020 would not be a shock to the global oil refining industry.

Heminger said he expected U.S. refiners would begin building an inventory of the new maritime diesel fuel by the middle of 2019 to prepare for the change in marine fuel mandated by the International Maritime Organization (IMO).

“We’re compliant,” Heminger said of the U.S. refining industry. “The global refining industry is ready to meet demand” for IMO.

The IMO 2020 fuel will drop sulfur content from no more than 3.5 percent to no more than 0.5 percent.

Marathon became the largest U.S. refiner in October when it merged with Andeavor creating a company with 3 million barrels per day of crude oil processing capacity.

“I would expect there would be some consolidation in the industry, Heminger said.

The biggest question is what will happen to the three refineries owned by Citgo Petroleum Corp, a subsidiary of Venezuela’s troubled national oil company, Petroleos de Venezuela SA (PDVSA), he said.

Marathon has no interest in acquiring the Citgo refineries, Heminger said.

The company does expect to successfully conclude contract talks with workers at its Galveston Bay Refinery in Texas City, Texas, which was the site of a bitter five-month strike in 2015.

“That’s a great workforce” he said.

(Reporting by David Gaffen and Erwin Seba; editing by Marguerita Choy)

Source: OANN

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Hong Kong forges ahead with new extradition law despite opposition

Demonstrators march during a protest to demand authorities scrap a proposed extradition bill with China, in Hong Kong
FILE PHOTO: Demonstrators march during a protest to demand authorities scrap a proposed extradition bill with China, in Hong Kong, China March 31, 2019. REUTERS/Tyrone Siu

April 3, 2019

HONG KONG (Reuters) – Hong Kong’s leaders launched laws on Wednesday to change extradition rules to allow people to be sent to mainland China for trial, standing fast against growing opposition to a move that many fear could further erode the city’s legal protections.

Thousands took to Hong Kong streets to protest the laws at the weekend, joining an unusually broad chorus of concern from international business elites to rights’ groups and even some pro-establishment figures.

But Hong Kong’s Chief Executive Carrie Lam said her government would make no further amendments before introducing the laws to the city’s parliament.

Small groups of protestors supporting the government’s bill briefly faced off against opponents outside the Legislative Council but later dispersed without incident. Opponents of the changes fear further erosion of freedoms and legal protections in the free-wheeling financial hub – rights which were guaranteed under the city’s handover from British colonial rule to Chinese sovereignty in 1997.

According to the laws presented to the Council on Wednesday, the Chief Executive would have the right to order the extradition of wanted offenders to China, Macau and Taiwan as well as other countries not covered by Hong Kong’s existing extradition treaties.

(Reporting By Greg Torode and Jessie Pang; additional reporting by Clare Jim; Editing by Michael Perry)

Source: OANN

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No survivors in Ethiopian Airlines crash en route to Kenya

An Ethiopian Airlines flight crashed shortly after takeoff from Ethiopia's capital on Sunday morning, killing all 157 on board, authorities said, as grieving families rushed to airports in Addis Ababa and the destination, Nairobi. More than 30 nationalities are among the dead.

It was not immediately clear what caused the crash of the Boeing 737-8 MAX plane, which was new and had been delivered to the airline in November. The pilot sent out a distress call and was given clearance to return, the airline's CEO told reporters.

The state-owned Ethiopian Airlines, widely considered the best-managed airline in Africa, calls itself Africa's largest carrier and has ambitions of becoming the gateway to the continent. It is known as an early buyer of new aircraft as it assertively expands.

The airline said 149 passengers and eight crew members were thought to be on the plane. Kenyans, Canadians, Chinese, Americans, Ethiopians, Italians, French, British, Egyptians, Indians, Slovakians and others were among the dead, said the airline's CEO, Tewolde Gebremariam.

The plane crashed six minutes after departing Addis Ababa on its way to Kenya's capital, plowing into the ground at Hejere near Bishoftu, or Debre Zeit, some 50 kilometers (31 miles) south of Addis Ababa, at 8:44 a.m.

The airline later published a photo showing its CEO standing in the wreckage. Little of the plane could be seen in the freshly churned earth, under a blue sky.

"Tewolde Gebremariam, who is at the accident scene now, regrets to confirm that there are no survivors," the post on social media said. "He expresses his profound sympathy and condolences to the families and loved ones of passengers and crew who lost their lives in this tragic accident."

The plane had showed unstable vertical speed after takeoff, air traffic monitor Flightradar 24 said in a Twitter post. Visibility was clear.

State broadcaster EBC reported that 33 nationalities were among the victims. The airline's CEO said those included 32 Kenyans and nine Ethiopians. Authorities said other victims include 18 Canadians; eight each from China, the United States and Italy; seven each from France and Britain; six from Egypt; five from the Netherlands and four each from India and Slovakia.

The airline has said 157 people were thought to be on board.

The Ethiopian prime minister's office offered its "deepest condolences" to families. "My prayers go to all the families and associates of those on board," Kenya's President Uhuru Kenyatta said.

The Addis Ababa-Nairobi route links East Africa's two largest economic powers and is popular with tourists making their way to safari and other destinations. Sunburned travelers and tour groups crowd the Addis Ababa airport's waiting areas, along with businessmen from China and elsewhere.

At the airport in Nairobi, worried families gathered.

"I came to the airport to receive my brother but I have been told there is a problem," Agnes Muilu said. "I just pray that he is safe or he was not on it."

"Why are they taking us round and round, it is all over the news that the plane crashed," said Edwin Ong'undi, who had been waiting for his sister. "All we are asking for is information to know about their fate."

The Boeing 737-8 MAX was new, delivered to Ethiopian Airlines in mid-November, the airline's CEO said. Its last maintenance was on Feb. 4 and it had flown just 1,200 hours. The pilot was a senior one, joining the airline in 2010, he said.

In a statement, Boeing said it was "deeply saddened" to hear of the crash and that a technical team was ready to provide assistance at the request of the U.S. National Transportation Safety Board.

In October, another Boeing 737-8 MAX plunged into the Java Sea just minutes after taking off from Jakarta, Indonesia's capital, killing all 189 people on board the plane Lion Air flight. The cockpit data recorder showed that the jet's airspeed indicator had malfunctioned on its last four flights, though Lion Air initially claimed that problems with the aircraft had been fixed.

The last deadly crash of an Ethiopian Airlines passenger plane was in 2010, when the plane crashed minutes after takeoff from Beirut killing all 90 people on board.

Sunday's crash comes as the country's reformist prime minister, Abiy Ahmed, has vowed to open up the airline and other sectors to foreign investment in a major transformation of the state-centered economy.

Ethiopian Airlines' expansion has included the recent opening of a route to Moscow and the inauguration in January of a new passenger terminal in Addis Ababa to triple capacity.

Speaking at the inauguration, the prime minister challenged the airline to build a new "Airport City" terminal in Bishoftu — where Sunday's crash occurred.

___

Follow Africa news at https://twitter.com/AP_Africa

Source: Fox News World

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Rep. Ilhan Omar calls Stephen Miller a ‘white nationalist’

Rep. Ilhan Omar, D-Minn., took to Twitter on Monday to criticize White House adviser Stephen Miller's influence on policy and called him a "white nationalist."

Miller has been known for having a major influence over President Donald Trump’s immigration policy and was reportedly instrumental in the ousting of Department of Homeland Security Secretary Kirsjen Nielsen.

“Stephen Miller is a white nationalist,” Omar tweeted. “The fact that he still has influence on policy and political appointments is an outrage.”

Her tweet sparked fierce backlash, many who point out that Miller is Jewish.

Rep. Lee Zeldin, R-N.Y., posted on Twitter that he has never seen another member of Congress “target Jewish people like this.”

The president’s son, Donald Trump Jr. also weighed in, calling her the “head of the Farrakhan Fan Club” and that she “apparently has no shame.”

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Omar’s office has not immediately Fox News’s request for comment.

Source: Fox News Politics

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Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

Source: OANN

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2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

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FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

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Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

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