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Justin Fairfax accuser says Dems are ducking her case: ‘Pure cowardice’

The attorney for a woman who has accused Virginia Lt. Gov. Justin Fairfax of raping her while they were undergraduates at Duke University nearly two decades ago is accusing state Democrats of “pure cowardice” for signaling they won’t proceed with public hearings on the allegations against him.

“Apparently, the Virginia House Democratic Caucus believes that courageous victims of rape need to be heard — just not by them,” said Nancy Erika Smith, an attorney for accuser Meredith Watson. “Ms. Watson is counting on the General Assembly to do the right thing and hold hearings now. These nonstop efforts to duck their role is pure cowardice. Sympathy is welcome, but action is needed.”

SECOND JUSTIN FAIRFAX ACCUSER CALLS FOR PUBLIC HEARING INTO ASSAULT ALLEGATIONS

Watson has called for state's general assembly to hold a public hearing into both her allegations and those of Vanessa Tyson, who has separately accused the Democrat of rape during the 2004 Democratic National Convention in Boston. Fairfax has denied both allegations.

On Tuesday, the Virginia House Democratic Caucus reiterated calls for Fairfax to resign, but said they “believe that the law enforcement investigation should proceed unencumbered and outside of the political arena.”

“Ms. Watson & Dr. Tyson are courageous in coming forward to tell their stories. We respect all survivors and believe they should be fully heard. The allegations they have made against Lt Gov Fairfax are criminal in nature and we are treating them with the seriousness they deserve,” the statement from the Democrats said.

Meanwhile, Republicans signaled they would like to see the legislature conduct a hearing.

“It’s becoming more compelling that a legislative forum should be seriously considered,” House Speaker Kirk Cox said. “We are actively working to develop that process and hope our Democrat colleagues will work with us moving forward.”

Earlier this week, Watson wrote in a Washington Post opinion piece that she was "frustrated by calls for an investigation rather than a public hearing" into the allegations brought against Fairfax by her and Vanessa Tyson.

"Such 'investigations' are secret proceedings, out of the public eye, leaving victims vulnerable to selective leaks and smears. And we all know how such investigations end: with 'inconclusive results,'" Watson wrote. "My privacy has already been violated, yet I am still willing to testify publicly under oath. Tyson has made the same offer. Our plea to the Virginia General Assembly to require the same of Fairfax has been met with inaction."

Meanwhile, a Virginia delegate who threatened to introduce articles of impeachment against Fairfax has hit pause, saying in a tweet last week that “additional conversation” is needed before anything is filed.

Watson has said that Fairfax raped her in 2000, but that she did not report it because of how Duke officials responded to her earlier claim that she was raped by basketball star Corey Maggette. (Maggette has denied the claim.) An attorney for Watson has claimed that Fairfax was one of the people she told about the alleged assault and that the future lieutenant governor "used this prior assault against Ms. Watson" when he allegedly raped her.

Last week, Fox News obtained Facebook messages from Watson in which she commented on Fairfax's 2017 candidacy for Virginia lieutenant governor and told contacts about the alleged rape.

FACEBOOK MESSAGES SHOW SECOND FAIRFAX ACCUSER DETAILED RAPE ALLEGATIONS DURING 2017 RACE

Tyson, an associate professor of politics at Scripps College in California, previously accused Fairfax of forcing her to perform oral sex on him during the 2004 Democratic National Convention. Fairfax, who was attending Columbia Law School, was working as a so-called "body man" for vice presidential nominee John Edwards.

Fairfax has said that the encounters with Watson and Tyson were consensual and suggested that both women's accusations are part of a political smear campaign to prevent him from succeeding Democratic Gov. Ralph Northam if he's forced to resign amid a racist photo scandal.

“I have never forced myself on anyone ever,” Fairfax said in a recent statement. “I demand a full investigation into these unsubstantiated and false allegations. Such an investigation will confirm my account because I am telling the truth.”

Fox News' Garrett Tenney and Samuel Chamberlain and The Associated Press contributed to this report.

Source: Fox News Politics

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Feds' Michael Cohen investigation began nearly a year before raid, court files reveal

The federal investigation into former Trump attorney Michael Cohen began nearly a year before agents raided his home and business in April 2018, newly unsealed court documents revealed Tuesday.

The massive trove of files, pertaining to the government's search warrants, showed that federal investigators obtained a warrant for emails from Cohen’s Gmail account “on or around July 18, 2017.” The emails that were obtained and reviewed were dated between Jan. 1, 2016 and July 18, 2017.

ANOTHER TOP PROSECUTOR EXITS ROBERT MUELLER'S TEAM, RAISING SPECULATIONS INVESTIGATION IS NEARING ITS END

Weeks later, the FBI sought and obtained a search warrant -- on or around Aug.  8, 2017 -- for communications and records stored in Cohen’s iCloud account. In November 2017, the FBI sought and obtained a separate search warrant for Cohen’s Gmail account, related to communications “sent or received between June 1, 2016, and November 13, 2017.”

Cohen ultimately pleaded guilty to a range of charges related to bank and tax fraud, campaign finance violations and making false statements to Congress. The latter arose from Special Counsel Robert Mueller's investigation, but the rest of the charges came from an investigation handled by New York federal prosecutors. Cohen, who recently delivered explosive testimony to Congress critical of Trump, is expected to report to prison in May to serve a three-year sentence.

The documents unsealed Tuesday show that Mueller was investigating Cohen until February 2018, before turning the case over to prosecutors with the Southern District of New York. The documents show that Mueller’s team was reviewing all communications and records from the warrant, specifically related to Cohen’s relations with foreign entities and whether he was acting as an unregistered foreign agent.

The court files documented Mueller's handoff to the SDNY.

“The SCO has since referred certain aspects of its investigation into Cohen to the USAO, which is working with the FBI’s New York Field Office,” the court files state. “As part of that referral, on or about Feb. 8, 2018, the SCO provided the USAO with all non-privileged emails and other content information obtained pursuant to the Cohen email address and Cohen iCloud account.”

Cohen, who has been criticized for his unregistered foreign contacts and relationships, was never charged with failing to register as a foreign agent under the Foreign Agents Registration Act (FARA).

But Tuesday’s court filings detail Cohen’s financial exchanges with foreign entities—including Russia-linked U.S.-based company Columbus Nova; Swiss pharmaceutical company Novartis; a South Korean company; and a Kazakhstani bank. All entities transferred hundreds of thousands of dollars into a Cohen bank account dubbed “Essential Consulting”—the account that ultimately paid former adult film star, Stormy Daniels. In total, between January 2017 and January 2018, Cohen received nearly $2.9 million in transfers and checks from foreign entities.

Despite getting initial warrants nearly a year prior, the FBI did not conduct the raid of Cohen’s home, office and hotel room until April 9, 2018. Agents scooped up evidence related to several issues including his relations with foreign entities, his personal business dealings involving taxi medallions, and his payments to Daniels in the weeks leading up to the 2016 presidential election to cover up an alleged affair with then-candidate Donald Trump.

ROSENSTEIN HANGING ON AT DOJ AMID MUELLER PROBE WIND-DOWN, DESPITE PLANS TO LEAVE BY NOW

The newly released documents reference an “Illegal Campaign Contribution Scheme,” but all sections related to that topic are completely redacted. The heavy redactions signal that the hush-money payments could still be a factor in Mueller's Russia probe.

Source: Fox News Politics

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Multi-tier ECB rate would be unnecessary distortion, Dutch central banker says

Sign of the European central Bank (ECB) is seen ahead of the news conference on the outcome of the Governing Council meeting, outside the ECB headquarters in Frankfurt
Sign of the European central Bank (ECB) is seen ahead of the news conference on the outcome of the Governing Council meeting, outside the ECB headquarters in Frankfurt, Germany, March 7, 2019. REUTERS/Kai Pfaffenbach

March 28, 2019

AMSTERDAM (Reuters) – A multi-tier deposit rate at the European Central Bank would favor certain lenders over others and policymakers should refrain from such a market distortion, the head of the Dutch central bank said on Thursday.

With rates in negative territory since 2014, some banks are increasingly complaining about the side effects of ultra-low rates, and ECB chief economist Peter Praet said the bank would look at whether exempting lenders from some of this charge is warranted.

“No matter what form (of tiering) you propose, you are exempting banks with a certain business model from the costs of negative rates and you are implicitly telling all banks with a different business model that they will bear these costs for longer,” the Dutch central banker Klaas Knot told reporters.

“We should stay far away from such effects,” Knot, an outspoken policy hawk, said, adding that bank profitability is secondary to the ECB’s policy objective.

He added that it was good for the ECB to revisit this topic from time to time, but he did not expect policymakers to come to a different conclusion now than they had earlier, when they found that negative rates are not excessively hurting banks.

With growth and inflation slowing, the ECB recently delayed plans to raise interest rates and even offered banks more cheap loans.

But Knot argued that forces weighing on inflation are increasingly outside the ECB’s control.

“The reasons why inflation is not where we want it to be are mostly beyond our influence: globalization, the digitalization of retail,” he said.

“Monetary policy can’t really help any more than we have done,” Knot said. “Headwinds come now from structural factors, not cyclical.”

(Reporting by Bart Meijer, editing by Larry Kinbg)

Source: OANN

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Austrian far-right activist says US nixed his travel permit

A prominent Austrian far-right activist who is under investigation for ties to the suspected New Zealand mosque gunman said Thursday that U.S. authorities have canceled his permit to travel to the United States without a visa.

Austrian authorities on Monday searched the home of Martin Sellner, a leading member of the Identitarian Movement of Austria, and seized electronic devices belonging to him and his American fiancee Brittany Pettibone. The raid followed the discovery of a 1,500 euro (almost $1,700) donation sent to Sellner by the alleged Christchurch attacker last year.

In a statement on social media, Sellner said he learned Thursday that U.S. authorities have revoked his ESTA permit. The visa waiver program allows citizens of some countries to enter the U.S. for under three months without needing a visa.

"We had actually planned to get married in the U.S. this summer and I've always been able to get in (to the United States) without problems," Sellner said on his YouTube channel, noting that American authorities hadn't denied him entry over his political activities in the past.

The U.S. Embassy in Vienna declined to comment on the case and the Department for Homeland Security didn't immediately respond to an email seeking comment. It was unclear whether Sellner could still apply for a regular visa to travel to the United States.

Last year, Sellner and Pettibone were denied entry to Britain after officials deemed their presence to be "not conducive to the public good."

The Identitarian Movement has become the focus of an investigation by Austrian authorities following the discovery of the donation from the suspected New Zealand gunman Brenton Tarrant.

Austria's conservative Chancellor Sebastian Kurz told reporters Wednesday that his government planned to act against extremism "whether it's radical Islamism or far-right fanatics."

"Furthermore (we will) examine whether the Identitarians can be dissolved," he said.

Austrian Interior Minister Herbert Kickl told lawmakers Thursday that authorities haven't found any evidence that Tarrant had "personal contacts to extremist persons or organizations" when he visited Austria from Nov. 27 to Dec. 4., 2018. Tarrant, an Australian citizen, had earlier spent time in Hungary, Romania and Bulgaria, and later flew to Estonia, he said.

Tarrant has been charged with murder over the March 15 massacre of 50 people in the southern New Zealand city.

Sellner told The Associated Press that he had exchanged emails with Tarrant after the donation and pointed him to his English-language YouTube channel, but denied having any involvement in the attack or inspiring Tarrant with his anti-Islam ideology.

"Of course I was shocked when I got the final proof that it was indeed Tarrant," Sellner said in an email, but added: "I can only regret what's my fault. I don't see any possibility for me to have spotted anything terrorist in this donation or the emails at the time."

Sellner said his group encourages people to campaign publicly and peacefully against mass immigration and the perceived growing influence of Islam, while opposing "extreme-right terrorism and the polarization of society right up to civil war."

Source: Fox News World

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NH Poll: Buttigieg in Third Behind Biden, Sanders

Surprise presidential candidate Pete Buttigieg is gaining ground on political heavyweights Bernie Sanders and Joe Biden, at least in New Hampshire, according to a poll released Wednesday.

The 37-year-old longtime South Bend, Indiana, mayor has the support of 10.7 percent of likely Democratic primary voters, compared with 23 percent for former Vice President Biden and 15.6 percent for Sen. Sanders, I-Vt.

"Right now, it looks like the battle in New Hampshire is all about two familiar faces," said Neil Levesque of the New Hampshire Institute of Politics.

"This is very surprising," Levesque said of Buttigieg in third. "He's now in third place in New Hampshire, and he came from relative obscurity. And he's gone up an astounding 33 percent with his favorability, so Pete Buttigieg is somebody to watch."

Sanders is running for a second consecutive time, while Biden has yet to announce a bid for the 2020 race, though he is leaning toward running.

Buttigieg has only announced an exploratory committee, a step short of an actual presidential campaign.

Source: NewsMax Politics

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German lawmakers challenge deputy finance minister’s Goldman link in bank merger

FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt
FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski

March 19, 2019

By John O’Donnell and Arno Schuetze

BERLIN/FRANKFURT (Reuters) – German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank.

Kukies, who was formerly co-head of Goldman Sachs <GS.N> in Germany, left the Wall Street firm a year ago to become deputy German finance minister.

Kukies has since advocated a merger between Commerzbank <CBKG.DE> and Deutsche Bank <DBKGn.DE>, which unions warn could mean up to 30,000 job cuts, people familiar with the matter say.

Goldman Sachs is advising Commerzbank on the $28 billion plus deal deliberations, people familiar with the matter said.

“It’s a conflict of interest,” Fabio De Masi, a prominent leftist lawmaker in the German parliament, said, pointing to the state’s 15 percent stake in Commerzbank.

A spokesman for Kukies told Reuters there was no conflict of interest and that he had worked in the trading department at Goldman Sachs, which was “strictly separated” from bankers who advised on mergers.

Goldman Sachs declined to comment.

“In his 17 years at Goldman Sachs, Joerg Kukies exclusively worked for the sales and trading sector with no responsibility for the advisory/mergers and acquisitions section,” the spokesman for Kukies said.

Although confirmation of merger talks between Germany’s two largest banks, following months of speculation, has boosted their share prices, it has also triggered opposition and concerns over the impact on employment.

The issue is a highly emotive one in Germany and in its Tuesday edition, top-selling tabloid newspaper Bild raised a question mark over Kukie’s future in the government.

“When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest,” De Masi added.

This was echoed by Danyal Bayaz, a German parliamentarian and finance expert from the country’s Green party.

“In the financial crisis, we saw that government and finance were too interconnected. Ten years later, we don’t want to have the same. We want a strict separation from politics and industry,” Bayaz said.

“It is important to avoid the appearance of conflict of interest,” he added.

(Writing by John O’Donnell; Editing by Alexander Smith)

Source: OANN

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Canada to appeal WTO panel finding in lumber dispute with U.S.: statement

Canada's Foreign Minister Chrystia Freeland speaks during a news conference in Ottawa
FILE PHOTO: Canada's Foreign Minister Chrystia Freeland speaks during a news conference in Ottawa, Ontario, Canada, December 12, 2018. REUTERS/Chris Wattie

April 15, 2019

OTTAWA (Reuters) – Canada will appeal last week’s decision by the World Trade Organization (WTO) which ruled to allow the United States to use “zeroing” to calculate anti-dumping tariffs, Foreign Minister Chrystia Freeland said in a statement on Monday.

“We firmly believe that the U.S. duties on Canadian softwood lumber are unfair and unwarranted,” Foreign Minister Chrystia Freeland said in a statement. “That is why we are challenging these duties at the WTO and under NAFTA.”

(Reporting by Steve Scherer; Editing by Chizu Nomiyama)

Source: OANN

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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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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