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Police: Sketch of suspect in 2 girls’ killings more accurate

A newly released sketch of a man suspected of killing two Indiana teenagers in 2017 "more accurately represents" the man believed to be their killer than a sketch released months after the girls were slain, state police said Wednesday.

The statement from Indiana State Police sought to clarify information about the two sketches on behalf of the multi-agency task force that's investigating the February 2017 killings of 14-year-old Liberty German and 13-year-old Abigail Williams.

Master Trooper Taylor Bryant told The Indianapolis Star on Monday that he drew the sketch that was released this week just three days after the girls' bodies were found in a wooded area where they had been hiking near their northern Indiana hometown of Delphi. The sketch shows a clean-shaven white man whose age could range from his 20s to late 30s, according to police.

The police statement issued Wednesday said suspect descriptions were developed early in their investigation and that authorities "initially believed the sketch" released in July 2017 of a white man with a prominent nose and a goatee, possibly in his 40s or 50s, "was a person of interest in this murder investigation."

"Now, as the investigation has matured and past information has been reassessed, it is the belief of investigators with the Multi-Agency Task Force that the person depicted in the sketch released on April 22nd more accurately represents the person wanted for the murders of Abigail Williams and Liberty German," according to the statement.

The new sketch is "representative of the face of the person captured" in video taken from German's cellphone of a man walking on an abandoned railroad bridge, the police statement said.

Police released that brief video Monday of the suspect walking along that bridge, which the girls had visited while out hiking on Feb. 13, 2017 — the day they were slain.

Their bodies were found the next day, in a wooded area about a quarter-mile from that bridge near their hometown of Delphi, about 60 miles (95 kilometers) northwest of Indianapolis.

Authorities haven't said how German and Williams were killed and have released few details about their findings.

Police also released a longer audio clip Monday they said captures the suspect saying "guys, down the hill." That audio also came from German's cellphone. Within days of the slayings, police released two grainy photos of the suspect on the same bridge and a shorter audio cut , all taken from German's cellphone.

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Information from: The Indianapolis Star, http://www.indystar.com

Source: Fox News National

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House Dem Leaders Try to Tone Down Impeachment Talk

House Democratic leaders are urging their colleagues to tone down the impeachment rhetoric as it relates to President Donald Trump.

During a Monday evening conference call, high-ranking party leaders tried to squash talk of pursuing impeachment at this time.

According to The Hill, House Speaker Nancy Pelosi and others expressed their concern over jumping on the impeachment bandwagon without concrete evidence Trump might have committed an impeachable offense.

"We need to hear from [Attorney General William] Barr and [special counsel Robert] Mueller – and we need to see the unredacted report and the documents [that] go with it," House Oversight and Reform Committee Chairman Rep. Elijah Cummings, D-Md., said. "We cannot allow this president to continue going down this course."

Other lawmakers said it is time to pursue impeachment.

"I think we have great evidence that the president has blatantly violated so many laws. It's just ridiculous," Rep. Val Demings, D-Fla., said, The Hill reported. "I think we have enough" to start the impeachment process.

According to CNN's Manu Raju, Rep. Maxine Waters, D-Calif., said she is still in favor of impeaching Trump but she is not actively trying to recruit other members to join her effort.

Mueller recently completed his investigation into Russia interference in the 2016 U.S. presidential election. He did not find evidence Trump conspired with the Russians to defeat Democrat Hillary Clinton, but he was unable to determine whether Trump obstructed justice.

Since a redacted version of the report was released last week, Democrats are pointing to evidence that shows Trump may have tried to interfere with Mueller's probe.

Source: NewsMax Politics

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Iranian who removed headscarf sentenced to year in prison

The lawyer for an Iranian woman who removed her obligatory Islamic headscarf in a public protest says she has been sentenced to one year in prison but pardoned by the supreme leader.

Payam Derefshan told The Associated Press a court sentenced Vida Movahed in March after finding her guilty of encouraging public "corruption." Movahed was arrested in November.

Derefshan, who revealed the verdict to local media Sunday, says she is on a pardon list but the release procedures are still underway. There was no official comment.

Supreme Leader Ayatollah Ali Khamenei occasionally issues pardons.

Movahed, 32, was dubbed the "Girl of Enghelab Street" and briefly arrested in 2017 after she took off her headscarf and held it in the air. Authorities detained 29 women on similar charges the following year.

Source: Fox News World

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The Latest: Indictment says Avenatti stole millions

The Latest on new federal charges against attorney Michael Avenatti (all times local):

7:45 a.m.

The indictment filed against attorney Michael Avenatti alleges he stole millions of dollars from clients, didn't pay his taxes, committed bank fraud and lied in bankruptcy proceedings.

Avenatti was indicted late Wednesday on the charges following his arrest in New York last month for allegedly trying to shake down Nike for up to $25 million.

The attorney best known for representing porn actress Stormy Daniels in lawsuits against President Donald Trump said Thursday he will plead not guilty.

The new charges say he embezzled from a paraplegic man and four other clients and shuffled money between several accounts to deceive them.

The charges also say Avenatti pocketed payroll taxes from employees of the Tully's coffee chain that he owned.

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7:30 a.m.

Attorney Michael Avenatti says he will plead not guilty to a 36-count federal indictment filed against him in Southern California.

Avenatti tweeted Thursday that he intends to fight all of the charges and says he looks forward to the truth being known, as opposed to what he characterizes as a "one-sided version."

A statement from prosecutors to news outlets says details of the case will be released Thursday morning by U.S. Attorney Nick Hanna and the Internal Revenue Service in Los Angeles.

The new charges follow Avenatti's arrest in New York last month for allegedly trying to shake down Nike for up to $25 million and on two counts of wire and bank fraud from Southern California, where his firm is based.

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7:05 a.m.

Federal prosecutors say attorney Michael Avenatti has been charged in a 36-count federal indictment in Southern California.

A statement from prosecutors to news outlets says details of the case will be released Thursday morning by U.S. Attorney Nick Hanna and the Internal Revenue Service.

The new charges follow Avenatti's arrest in New York last month for allegedly trying to shake down Nike for up to $25 million and on two counts of wire and bank fraud from Southern California, where his firm is based.

The attorney is best known for representing porn actress Stormy Daniels in lawsuits against President Donald Trump. Avenatti has said he expects to be cleared.

Source: Fox News National

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Elizabeth Warren defends capitalism as 'force for good,' splitting with Ocasio-Cortez

Elizabeth Warren has come to the defense of capitalism … sort of.

Sen. Warren, D-Mass., agreed that capitalism historically has been a “force for good” during an interview Wednesday on MSNBC’s “Morning Joe.”

The 2020 presidential candidate also referred to herself as a capitalist “down to [her] bones,” before saying regulations must be in place to make the system run smoothly.

“I believe in markets, I see the benefits that markets can produce,” she said. “When there's a cop on the beat, those markets start to work again."

CRITICS POUNCE AS WARREN SAYS SHE HAS 'ZERO' SYMPATHY FOR PARENTS IN COLLEGE ADMISSIONS BRIBE SCANDAL

"Banks, in that case, are forced to develop their profit models, not on cheating people, but on actually offering a better product.”

Warren added: “I think it also, when it doesn't work, it's been a force for bad, but that's been true of every form of government that we can identify. We've gotten it right sometimes, and we've gotten it wrong sometimes. When you let markets work with rules and with people on the beat to enforce those rules, we can produce a lot of wealth in this country.”

The Massachusetts Democrat’s comments run counter to some remarks made by members of her party recently, including Rep. Alexandria Ocasio-Cortez, D-N.Y.

Speaking at the SXSW conference last weekend, Ocasio-Cortez slammed capitalism as “irredeemable”.

SANDERS SAYS HIS IDEAS ARE NOW BEING INVOKED BY DEM CANDIDATES 'FROM SCHOOL BOARD TO PRESIDENT'

Sen. Elizabeth Warren, D-Mass., officially announced her 2020 presidential bid on Feb. 9.

Sen. Elizabeth Warren, D-Mass., officially announced her 2020 presidential bid on Feb. 9. (AP)

“The most important thing is the concentration of capital and it means that we seek and prioritize profit and the accumulation of money above all else and we seek it at any human and environmental cost. That is what that means. To me that ideology is not sustainable and cannot be redeemed,” she said.

”What we are reckoning with are the consequences of putting profit above everything else in society.”

The recent rise and dominance of a hard-left faction in the Democratic Party has opened the door for conservatives to sound warnings that the party is lurching toward "socialism."

TRUMP SLAMS DEMOCRATS FOR CAMPAIGNING ON 'SEDUCTIVE' SOCIALIST POLICIES

President Trump, in a new interview, tore into Democrats for campaigning on what he called “seductive” socialist policies despite potentially dire consequences.

“You always have to be very careful, because socialism is easy to campaign on but tough to govern on, because the country goes down the tubes,” Trump told conservative website Breitbart.

'PAWN STARS' HOST RICK HARRISON SLAMS SOCIALISM: 'THERE'S NO POINT IN WORKING HARD'

“But when you tell people free medical, free education, no more student loans—all of the different things that you say—it’s a great thing to campaign on, but then ten years later the country is down the tubes. It’s gone.”

The president then suggested the 2020 election could come down to a “referendum on socialism versus capitalism,” according to the website.

Trump’s remarks come shortly after Vice President Pence accused Democrats of openly advocating for socialism with policies such as "Medicare-for-all" and the Green New Deal -- a system he said had “impoverished millions of people around the world.”

Speaking at the Conservative Political Action Conference earlier this month, Pence said: “Under the guise of Medicare-for-all and a Green New Deal, Democrats are embracing the same tired economic theories that have impoverished nations and stifled the liberties of millions over the past century.

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“That system is socialism.”

Fox News' Adam Shaw contributed to this report.

Source: Fox News Politics

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Unspeakable grief: 5 members of 1 family killed in Sri Lanka

The dark wooden coffins, sitting side by side, attested to one family's unspeakable grief.

The Gomez family gathered Tuesday to say a final farewell to five loved ones — a son, a daughter-in-law and three young grandsons — brutally killed as they attended Easter Sunday Mass at Colombo's St. Joseph's Shrine.

"All family, all generation, is lost," said Joseph Gomez, the family patriarch, as tears welled in his eyes. Dozens of family members and neighbors were gathered in his simple home, where the sound of hymns sung by mourners gently wafted in the background and candles flickered beside three coffins. The bodies of two grandsons have yet to be recovered.

Across Sri Lanka, Tuesday was a national day of mourning as families began to lay to rest the more than 320 victims of the bomb blasts that struck a half-dozen churches and hotels in the island nation.

For the Gomez family, the loss was unfathomable: A 33-year-old son, Berlington Joseph, the young man's 31-year-old wife Chandrika Arumugam, and their three boys, 9-year-old Bevon, 6-year-old Clavon and baby Avon, who would have turned 1 next week. A funeral card with a photo of the family clutched in his hands, the elder Gomez wailed: "I can't bear this on me, I can't bear this."

"My eldest son, my eldest son," he sobbed as he laid bouquets of red roses and brightly colored daisies on the largest coffin. Next to it was a tiny coffin, a photo of little Avon tucked into a wooden frame nearby.

The coffins, draped with long white tassels, were then carried to a Colombo cemetery and lowered into side-by-side graves.

At St. Joseph's Shrine, dozens of mourners gathered outside, lighting candles and praying in unison for the victims of Sunday's blasts as heavily armed soldiers stood guard.

At St. Sebastian Church in Negombo, a funeral service was held Tuesday for victims killed there as they worshipped, led by Cardinal Malcom Ranjith. The church was heavily guarded by hundreds of army, air force and police troops, and soldiers were deployed every 15 feet along the streets of the city some 20 miles north of Colombo.

Throughout the country, people observed a three-minute silence for the victims of the near-simultaneous attacks at three churches and three luxury hotels, and three other related blasts, the deadliest violence to strike Sri Lanka in a decade.

The Sri Lankan government has blamed the attack on National Towheed Jamaar, a little-known local Islamic extremist group, and on Tuesday, the Islamic State group also claimed responsibility, though it provided no proof it was involved and has made unsubstantiated claims in the past.

Source: Fox News World

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Illinois state trooper killed in wrong-way crash, marking 2nd death in two days

An Illinois State Police trooper was killed early Saturday when a driver going the wrong way slammed into his squad car. The crash marks the third Illinois trooper death this year, and the second in just three days.

Trooper Gerald Ellis, 36, was referred to as "a great hero" by his colleagues. He was on duty and heading home in his squad car on Interstate 94 when a wrong-way driver hit his vehicle about 3:25 a.m.

Ellis, an 11-year State Police veteran, died at the hospital less than an hour later.

CHICAGO POLICE SUED OVER ALLEGEDLY RAIDING A 4-YEAR-OLDS BIRTHDAY PARTY, SMASHING THE CAKE

Ellis was also a military veteran, and he leaves behind a wife and two children.

Illinois State Police Director Brendan Kelly called the loss "a bitter salt in an open wound."

On Thursday, Trooper Brooke Jones-Story was killed when a truck struck her in Freeport. In January, a vehicle hit Trooper Christopher Lambert near Northbrook.

ILLINOIS STATE TROOPER FATALLY STRUCK DURING TRAFFIC STOP, OFFICIALS SAY

The fatalities come amid a sharp increase in drivers hitting squad cars that have stopped with their emergency lights on.

Saturday's death is the first time in 66 years that the Illinois State Police have lost three state troopers in one year.

The police issued a tweet Thursday, following Jones-Story’s death, with a photo of the highway’s overhead signs reading: “Enough Is Enough,” along with a notice on Scott’s Law.

Scott’s Law, also known as the “Move Over” Law, requires drivers to slow down and change lanes upon approaching “stationary authorized emergency” vehicles with their warning lights on, the Illinois State Police explained on their website.

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"There are only two ways this stops: People drive safely, or troopers stop patrolling,” Kelly said. "And there is nothing and no one on Earth, or in heaven or hell that will ever keep these troopers from doing the job that they swore to do.”

The Associated Press contributed to this report. 

Source: Fox News National

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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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