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UN envoy says corruption is at the heart of Libya's conflict

The U.N. envoy to Libya says corruption and fight over resources among rival factions are core issues impeding progress in resolving the country's turmoil.

Ghassan Salame told the Qatar-based Al-Jazeera TV late on Wednesday that building national institutions in charge of a fair distribution of wealth is "the only solution for Libya."

He spoke ahead of the April 14-16 national conference that all Libyan factions are expected to attend.

Salame denounced prevalent corruption among Libya's political elite that ignores "citizens who are poor and miserable" in the oil-rich country.

He says it's "saddening to see them taking over the wealth, investing it overseas, and engaging in money laundering."

Libya slid into chaos after the 2011 uprising that toppled long-time ruler Moammar Gadhafi with rival administrations and militias fighting one another.

Source: Fox News World

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Parents who starved and shackled children sentenced to life

A California couple who for years starved a dozen of their children and kept some shackled to beds were sentenced Friday to life in prison, ending a shocking case that revealed a house of horrors hidden behind a veneer of suburban normalcy.

The conditions inside David and Louise Turpin's home in suburban Los Angeles came to light only after one of their daughters fled and pleaded for help to a 911 operator. The parents pleaded guilty in February to neglect and abuse.

The sentencing was preceded by the first public statements from some of the children, who alternately spoke of love for their parents and of what they had suffered, as the couple wiped away tears. None of the children was publicly identified.

One of the adult children walked into court already in tears, holding hands with a prosecutor.

"Life may have been bad, but it made me strong. I fought to become the person that I am. I saw my dad change my mom. They almost changed me, but I realized what was happening. ... I'm a fighter. I'm strong and I'm shooting through life like a rocket," a daughter said.

The Turpins will be eligible for parole after 25 years.

"I'm sorry for everything I've done to hurt my children. I love my children so much," Louise Turpin said.

One of the children asked for a lighter sentence for the parents because "they believed everything they did was to protect us."

The home in a middle-class section of Perris, a small city about 60 miles (96 kilometers) southeast of Los Angeles, appeared to be neatly kept, and neighbors rarely saw the kids outside, but nothing triggered suspicion.

But when deputies arrived, they were shocked to find a 22-year-old son chained to a bed and two girls who had just been set free from shackles. Most of the 13 children — who ranged in age from 2 to 29 — were severely underweight and had not bathed for months. The house was covered in filth and filled with the stench of human waste.

The children said they were beaten, caged and shackled if they did not obey their parents.

David Turpin, 57, had been an engineer for Lockheed Martin and Northrop Grumman. Louise Turpin, 50, was listed as a housewife in a 2011 bankruptcy filing.

The teenage daughter escaped by jumping from a window. After a lifetime living in isolation, the 17-year-old did not know her address, the month of the year or what the word "medication" meant.

But she knew enough to punch 911 into a barely workable cellphone and began describing years of horrific abuse to a police dispatcher.

Deputies testified that the children said they were allowed to shower only once a year. They were mainly kept in their rooms except for meals, which had been reduced from three to one per day, a combination of lunch and dinner. The 17-year-old complained that she could no longer stomach peanut butter sandwiches — they made her gag.

The children were not allowed to play like normal children. Other than an occasional family trip to Las Vegas or Disneyland, they rarely left home. They slept during the day and were active a few hours at night.

Although the couple filed paperwork with the state to homeschool their children, learning was limited. The oldest daughter only completed third grade.

"We don't really do school. I haven't finished first grade," the 17-year-old said, according to Deputy Manuel Campos.

Investigators found that the couple's toddler had not been abused, but all of the children were hospitalized.

Source: Fox News National

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Sri Lanka attacks death toll rises to 290, about 500 wounded: police

Security personnel stand guard outside a church after a bomb blast in Negombo
Security personnel stand guard outside a church after a bomb blast in Negombo, Sri Lanka April 21, 2019. REUTERS/Stringer NO RESALES. NO ARCHIVES.

April 22, 2019

COLOMBO (Reuters) – The death toll from attacks on churches and luxury hotels across Sri Lanka rose significantly to 290, and about 500 people were also wounded, police said on Monday.

The death toll overnight had stood at 207. Police spokesman Ruwan Gunasekera declined to give a breakdown of those killed and wounded at each of the three churches and four hotels hit on Sunday, attacks that marked the most significant violence since a bloody civil war ended 10 years ago.

A government source said President Maithripala Sirisena, who was abroad when the attacks happened, had called a meeting of the National Security Council early on Monday. Prime Minister Ranil Wickremesinghe would attend the meeting, the source said.

(Reporting by Sanjeev Miglani; Editing by Paul Tait & Simon Cameron-Moore)

Source: OANN

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First private Israel lunar mission to be launched this week

An Israeli nonprofit says it'll launch what it hopes will be the first private spacecraft to land on the moon this week.

SpaceIL and state-owned Israel Aerospace Industries told reporters on Monday that the landing craft, dubbed Beresheet, or Genesis, will ship from Florida, where, propelled by a SpaceX Falcon rocket launch, it will commence its months-long voyage to the moon.

The launch is due late Thursday in U.S., early Friday in Israel. It had been originally slated for last December.

The small craft, roughly the size of a washing machine, will have to make several orbits before landing.

Israel's space program chief Avi Blasberger says he hopes it will create a "Beresheet effect" in Israel, akin to the Apollo effect, to promote science for a new generation of Israelis.

Source: Fox News World

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China says it wants to eliminate bitcoin mining

A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture
A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture, December 26, 2017. REUTERS/Dado Ruvic/Illustration

April 9, 2019

SHANGHAI (Reuters) – China’s state planner wants to ban bitcoin mining, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.

The National Development and Reform Commission (NDRC) said on Monday it was seeking public opinions on a revised list of industries it wants to encourage, restrict or eliminate. The list was first published in 2011.

The draft for a revised list added cryptocurrency mining, including that of bitcoin, to over 450 activities the NDRC said should be phased out as they did not adhere to relevant laws and regulations, were unsafe, wasted resources or polluted the environment.

It did not stipulate a target date or plan for how to eliminate bitcoin mining, meaning that such activities should be phased out immediately, the document said. The public has have until May 7 to comment on the draft.

State-owned newspaper Securities Times said on Tuesday that the draft list “distinctly reflects the attitude of the country’s industrial policy” toward the cryptocurrency industry.

The cryptocurrency sector has been under heavy scrutiny in China since 2017, when regulators started to ban initial coin offerings and shut local cryptocurrency trading exchanges.

China also began to limit cryptocurrency mining, forcing many firms – among them some of the world’s largest – to find bases elsewhere.

Chinese companies are also among the biggest manufacturers of bitcoin mining gear. Reuters reported last year that at least three were looking to raise billions of dollars with initial public offerings in Hong Kong. But at least one, Canaan Inc, let its application lapse.

(Reporting by Brenda Goh; Editing by Richard Borsuk)

Source: OANN

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Finland tops global happiness index for 2nd consecutive year

Finland has topped an index of the happiest nations for the second consecutive year, with researchers saying the small Nordic country has succeeded in generating a happiness recipe not simply dependent on economic wealth.

The World Happiness Report, produced by the U.N Sustainable Development Solutions Network, ranks 156 countries by how happy their citizens see themselves to be. It's based on factors including economic wealth, life expectancy, social support and freedom to make life choices.

The index, published Wednesday, showed the other Nordic countries did well, with Denmark, Norway and Iceland taking the next spots.

The United States dropped from the 18th to 19th place.

Happiness has declined the most drastically in the past ten years in the 108th placed Venezuela, currently in political crisis.

Source: Fox News World

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Biden’s ‘expressions of affection’ may take him out of 2020 race, Mark Steyn tells Tucker Carlson

Is former Vice President Joe Biden just being “touchy, feely” or is something more sinister afoot?

Conservative commentator Mark Steyn appeared on Fox News' “Tucker Carlson Tonight” to discuss the latest accusations of improper physical contact by the former VP and said other Democratic presidential candidates are trying to do what Trump did in 2016 with former Florida Gov.Jeb Bush: take out the competition.

“And the Democrats are completely morally indifferent on this unless it serves their ends," Steyn told Carlson. "And what they want to do is take this guy out. The other candidates want to take him out the way Jeb Bush was taken out by Trump two to four years ago."

OTHER 2020 DEMS SAY THEY BELIEVE BIDEN ACCUSER LUCY FLORES

“But they haven't got a Trump to take out Jeb Bush with a single well-placed adjectival insult, ‘low energy Jeb.’ So you use what you have -- and that's why all these Democratic candidates have basically decided this … is the bullet that takes out Joe Biden.”

BIDEN ACCUSED BY SECOND WOMAN OF IMPROPER PHYSICAL CONTACT

Biden responded Sunday to the allegations made against him.

"In my many years on the campaign trail and in public life, I have offered countless handshakes, hugs, expressions of affection, support and comfort," Biden's statement said. He added it “was never my intention” to act inappropriately but did not apologize.

WIFE OF FORMER DEFENSE SECRETARY DEFENDS BIDEN, SAYS PHOTO CIRCULATING ONLINE IS HIGHLY MISLEADING

Steyn compared Biden’s "presumptuous" conduct to that of former CBS and PBS newsman Charlie Rose, who was fired by both networks in November 2017.

Steyn also said he believes Biden will ultimately decide not to seek the 2020 Democratic presidential nomination.

“I don't think he's going to run because I don't think he wants to be defending a lot of this stuff between now and November next year,” Steyn said.

Source: Fox News Politics

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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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