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Sen. Mike Lee Delivers Blow to Trump Border Emergency

The U.S. Senate appeared poised to pass a proposal to terminate President Donald Trump's declaration of an emergency at the southern border, despite his threat to veto the measure and heavy lobbying of his fellow Republicans.

Republican Senator Mike Lee, who had been shopping a second bill that would keep the emergency declaration in effect temporarily, said on Wednesday the White House had said Trump would not support his proposal, so he would be voting on Thursday to end the emergency declaration.

"For decades, Congress has been giving far too much legislative power to the executive branch," Lee said in a statement. "I will be voting to terminate the latest emergency declaration."

The Utah lawmaker was the fifth Republican senator to say they back a measure passed by the Democratic-led House of Representatives to terminate Trump's declaration. In the 100-seat Senate, votes from at least four Republicans are needed to pass the measure, along with all 45 Democrats and two independents.

Given Trump's threat to veto the legislation, it is unlikely to become law.

"We'll see whether or not I have to do the veto. And it will be, I think, all very successful, regardless of how it all works out, but it's going to be very successful," Trump told reporters on Wednesday.

At stake are billions of dollars in funding for a wall along the U.S.-Mexico border that Trump is demanding but Congress has refused to fully provide. The stalemate led to a 35-day partial government shutdown that ended in January.

Under the emergency declaration Trump signed on Feb. 15, he would take money from other federal programs to build the barrier he says is needed to curb illegal immigration and the flow of illicit drugs. There are also court challenges asserting Congress, not the president, decides how taxpayer money is spent.

Republicans who oppose the national emergency are worried that future Democratic presidents could usurp the power of Congress to fund the government and use the tactic to pass their own pet programs.

Lee had introduced a second measure that would end future emergency declarations after 30 days unless Congress votes to extend them. That 30-day approval window would apply after Trump's current border declaration expires in one year, meaning it could remain in place for at least a year without congressional approval.

Vice President Mike Pence met with Republican senators this week to push Lee's plan, saying Trump would support it. Lee said on Wednesday the White House had subsequently made clear his bill did "not have an immediate path forward" and he hoped it could be the "starting point for future work."

Source: NewsMax Politics

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Beard, Texas Tech ‘smell the roses’ at Final Four

NCAA Basketball: Final Four-Coaches Press Conference
Apr 4, 2019; Minneapolis, MN, USA; Texas Tech Red Raiders head coach Chris Beard speaks speaks during the Final Four coaches press conference at U.S. Bank Stadium. Mandatory Credit: Robert Deutsch-USA TODAY

April 4, 2019

MINNEAPOLIS – Those who expected a flood of one-and-done talent in Minnesota for the 2019 Final Four might not be ecstatic to see Big 12 co-champion Texas Tech on the scene, a No. 3 seed in the West piloted by a coach not many knew before the Red Raiders bounced Gonzaga last weekend.

“We might have a couple of one-and-done graduate assistants. We had a couple of issues with our breakfast this morning, so …,” Beard said Thursday at U.S. Bank Stadium.

While Gonzaga spent part of the season atop the Top 25 poll and Duke was the No. 1 overall seed thanks to freshman All-Americans Zion Williamson and RJ Barrett, Beard and the defense-wins mantra of Texas Tech are left standing. A similar mindset, and a roster with a familiar makeup, awaits in the national semifinals Saturday in the form of Michigan State. The Spartans ousted Duke in a thriller Sunday.

“We’re looking forward to playing on this stage. In our opinion, Michigan State is one of the best teams in college basketball,” Beard said. “They have great players and a Hall of Fame coach. We have nothing but respect for their program, the things they stand for. We’re in our third year building the program at Tech, and we’re striving to be in the conversation with the Michigan States of the world.

“Simply stated, we feel like we’ll have to play our best game of the year to have some success on Saturday night, but I don’t think that’s much difference than anybody else in this tournament. That’s our objective. We’re looking forward to the opportunity to play well on Saturday.”

Texas Tech lost slashing guard Zhaire Smith, a first-round pick in 2018, after reaching the Elite Eight and losing to eventual champion Villanova. Beard knows about one-and-done talent. He also understands the value in building a team anchored in experience.

“I’ve always seen the value in the one-and-done, too,” Beard said. “I think college basketball is better because of Zhaire Smith playing at Texas Tech. I think in this tournament, I would agree with that, there’s some identities with these four teams. I think that’s what these four teams are — teams. … The identity of each team, I think, is the balance of different players, not just one star player.”

Beard said he watched every Michigan State game played this season. The teams have a few common opponents, most notably Michigan. Texas Tech hammered the Wolverines, holding the No. 2 seed in the West Region to 44 points in Anaheim last week. Michigan State gave up an average of 64 points to their in-state rivals this season.

There’s also some likenesses between the teams and their coaches.

Izzo has come under fire for his demonstrative, chest-to-chest coaching tactics. One such flare-up in Michigan State’s first-round nailbiter against Bradley became the subject of national debate.

Beard can relate.

He was an assistant under Bob Knight at Texas Tech (2001-11) before becoming a head coach at McMurry University in Abilene, Texas.

Knight was of a different era, a breed all his own. Even partial observers admit there are incidents in Knight’s past in which he clearly crossed the so-called line. But Beard believes, in his words, players need to be coached. It’s up to the coach and the player to define the line between coaching and coddling.

Beard said he learned to get there by setting expectations and not asking players to put in more than coaches are willing to give.

“That line is really easy to find. That line is called trust,” Beard said. “We make no bones about it. We do coach our guys hard, but I’ve never coached a good player that didn’t want to be coached hard ever. I think about that all the time. I can’t name one guy that I’ve ever coached who’s an All-Conference player, a pro at any level I’ve coached that didn’t want us to bring it.

“I don’t promise our guys a lot in the recruiting process, but one thing I promise is — I look them right in the face — I will bring it every single day as a coach, and our staff will too. If there’s one day where you don’t think we’re bringing it, you tell me, and the problem will be corrected. I asked this team just the other night, did we keep our word? And they said, yes, you did.”

It’s not all fire and brimstone with the 46-year-old who went to the University of Texas and was a manager for Tom Penders.

Upon arrival at the Final Four, he posted a sign in the locker room that says Smell The Roses.

The message is for players to take time to breathe in the atmosphere, recognize only four teams are still standing in the 2019 NCAA Tournament and then refocus on winning two more games.

“This is our process, and one of our processes has always been balance, enjoying life, like we never want to be the team that just doesn’t enjoy a victory,” Beard said. “So we have a 12-hour rule. We don’t ever want to be the team that doesn’t enjoy the great cities we get to go to. This year we played Duke in Madison Square Garden. We enjoyed New York City. We went and played pickup at Rucker Park. We ate ridiculously priced food. We walked around the skulls of the Garden (to) see all the great performers that played there. We’re going to enjoy life. We’re going to enjoy the ride. It’s who we are.

“But when it’s time to play, it’s time to play, and when it’s time to practice, it’s time to practice. So we just got a two-part mission here. Smell the roses but also be us, and be us is just four letters and two words to mean let’s ride the bus that got us here.”

–By Jeff Reynolds, Field Level Media

Source: OANN

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After false start, Nigerians focus on economy in tight presidential vote

Independent National Electoral Commission (INEC) officials check documents prior to polls opening for the presidential election in Rivers State
Independent National Electoral Commission (INEC) officials check documents prior to polls opening for the presidential election in Port Harcourt, Rivers State, Nigeria February 22, 2019. REUTERS/Tife Owolabi

February 23, 2019

By James Macharia

ABUJA (Reuters) – Nigerian President Muhammadu Buhari’s hold on power faces a strong challenge on Saturday in a delayed election that hinges on the fate of the economy, Africa’s biggest.

The presidential vote in the continent’s top oil producer and most populous nation is too close to call between Buhari and the main opposition candidate Atiku Abubakar, a businessman and former vice president who leads a field of more than 70 challengers.

The election, due to be held a week ago, was postponed around five hours before polling stations were set to open and there are concerns that the delay may hurt turnout.

The electoral commission blamed logistical factors for the delay and denied political pressure was behind the decision.

Presidential elections in 2011 and 2015 were also delayed over logistics and security concerns but Buhari on Friday urged Nigerians “to go out and vote”, promising that there would be adequate security for the ballot.

The Boko Haram militant group and its offshoot, Islamic State in West Africa Province, have carried out deadly sporadic raids in the northeastern Borno state. Boko Haram has warned people not to vote.

But the showdown between Buhari and Atiku hinges on revamping an economy struggling to recover from its first recession in 25 years, which it slipped into in 2016 as crude prices crashed and militants attacked energy facilities in the Niger Delta. Crude sales make up 90 percent of foreign exchange earnings.

“Instability is a rising concern but a weak economy is being felt in all sectors and country-wide so we believe it will be the preeminent voter concern,” said Benedict Craven, analyst at The Economist Intelligence Unit.

Buhari’s critics say his much-touted focus on rooting out corruption may be offset by his handling of the economy. Despite the president’s campaign against graft, there have not been any significant convictions in his first term.

Nearly a quarter of the workforce is unemployed, much higher than when Buhari, a former military ruler who was later elected president, took over in 2015.

The cost of living has also risen rapidly, with inflation of 11.37 percent in January – just short of a seven-month high reached the previous month.

Buhari, 76, has said the economy has put the recession behind it and is back on a path of steady growth.

FLAGGING ECONOMY

To his supporters, Atiku, 72, is an accomplished businessman with the credentials needed to boost growth, create jobs and attract foreign investors back to Nigeria.

Atiku has promised to expand the role of the private sector in a nation of nearly 200 million people, saying that if elected he would aim to double the size of the economy to $900 billion by 2025.

He has for years been dogged by corruption accusations, which he denies. Critics say Atiku would use his policies to enrich himself and those around him without addressing the poverty that afflicts most Nigerians.

Buhari is the flagbearer of the ruling All Progressives Congress (APC) while Atiku spearheads the main opposition People’s Democratic Party (PDP).

(graphic: https://tmsnrt.rs/2E6qkDO)

The pair are both Muslims from the north of the country.

The south has favored the PDP in the past, while the north is Buhari’s stronghold.

The number of eligible voters stands at 72.8 million people. To be declared winner, the candidate with the most votes must have at least one quarter of the vote in two thirds of Nigeria’s 36 states and the capital. Otherwise there is a runoff.

(Writing by James Macharia; Editing by Alexis Akwagyiram and Toby Chopra)

Source: OANN

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Harvard profits from early photos of slaves, lawsuit says

Harvard University has "shamelessly" turned a profit from photos of two 19th-century slaves while ignoring requests to turn the photos over to the slaves' descendants, according to a lawsuit filed Wednesday.

Tamara Lanier, of Norwich, Connecticut, is suing the Ivy League school for "wrongful seizure, possession and expropriation" of images she says depict two of her ancestors. Her suit, filed in Massachusetts state court, demands that Harvard immediately turn over the photos, acknowledge her ancestry and pay an unspecified sum in damages.

Harvard spokesman Jonathan Swain said the university "has not yet been served, and with that is in no position to comment on this complaint."

At the center of the case is a series of 1850 daguerreotypes, an early type of photo, taken of two South Carolina slaves identified as Renty and his daughter, Delia. Both were posed shirtless and photographed from several angles. The images are believed to be the earliest known photos of American slaves.

They were commissioned by Harvard biologist Louis Agassiz, whose theories on racial difference were used to support slavery in the U.S. The lawsuit says Agassiz came across Renty and Delia while touring plantations in search of racially "pure" slaves born in Africa.

"To Agassiz, Renty and Delia were nothing more than research specimens," the suit says. "The violence of compelling them to participate in a degrading exercise designed to prove their own subhuman status would not have occurred to him, let alone mattered."

The suit attacks Harvard for its "exploitation" of Renty's image at a 2017 conference and in other uses. It says Harvard has capitalized on the photos by demanding a "hefty" licensing fee to reproduce the images. It also draws attention to a book Harvard sells for $40 with Renty's portrait on the cover. The, called "From Site to Sight: Anthropology, Photography, and the Power of Imagery," explores the use of photography in anthropology.

Among other demands, the suit asks Harvard to acknowledge that it bears responsibility for the humiliation of Renty and Delia, and that Harvard "was complicit in perpetuating and justifying the institution of slavery."

A researcher at a Harvard museum rediscovered the photos in storage in 1976. But Lanier's case argues Agassiz never legally owned the photos because he didn't have his subjects' consent, and that he didn't have the right to pass them to Harvard. Instead, the suit says, Lanier is the rightful owner as Renty's next of kin.

The suit also argues that Harvard's continued possession of the images violates the 13th Amendment, which abolished slavery.

"Renty is 169 years a slave by our calculation," civil rights attorney Benjamin Crump, one of Lanier's lawyers, said in an interview. "How long will it be before Harvard finally frees Renty?"

Lanier says she grew up hearing stories about Renty passed down from her mother. While enslaved in Columbia, South Carolina, the suit says, Renty taught himself to read and later held secret Bible readings on the plantation. He is described as "small in stature but towering in the minds of those who knew him."

The suit says Lanier has verified her genealogical ties to Renty, whom she calls "Papa Renty." She says he is her great-great-great-grandfather.

If given the photos, Lanier said she would "the true story of who Renty was." But she also hopes her case will spark a national discussion over race and history.

"This case is important because it will test the more climate of this country, and force this country to reckon with its long history of racism," Lanier said at a news conference outside the Harvard Club of New York City.

Crump, her attorney, added that the case could allow Harvard to "remove the stain from its legacy" and show it has the courage "to finally atone for slavery."

Lanier alleges that she wrote to Harvard in 2011 detailing her ties to Renty. In a letter to Drew Faust, then Harvard's president, Lanier said she wanted to learn more about the images and how they would be used. She was more explicit in 2017, demanding that Harvard relinquish the photos. In both cases, she said, Harvard responded but evaded her requests.

The school has used the photos as part of its own effort to confront its historical ties to slavery. At the 2017 conference called "Universities and Slavery: Bound by History," referenced in the lawsuit, Harvard printed Renty's portrait on the program cover and projected it on a giant screen above the stage.

In the image, Renty stares hauntingly into the camera, his hair graying and his gaunt frame exposed.

Lanier, who was in the audience at the event, said she was stunned by a passage in the program that described the origins of the photo but seemed to dismiss her genealogical findings. It said that the photo was taken for Agassiz's research and that "while Agassiz earned acclaim, Renty returned to invisibility."

The suit alleges that "by contesting Ms. Lanier's claim of lineage, Harvard is shamelessly capitalizing on the intentional damage done to black Americans' genealogy by a century's worth of policies that forcibly separated families, erased slaves' family names, withheld birth and death records, and criminalized literacy."

___

Follow Collin Binkley on Twitter at https://twitter.com/cbinkley

Source: Fox News National

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Pelosi Dodges on Impeachment: Congress Will ‘Defend the Constitution’

House Speaker Nancy Pelosi on Friday declined to comment on whether Congress might launch impeachment proceedings against President Donald Trump, saying it was not appropriate to criticize him while she was abroad, visiting the Irish border.

Special Counsel Robert Mueller's report on his inquiry into Russia's role in the 2016 U.S. election provided extensive details on Trump's efforts to thwart the probe, but Democratic party leaders have played down talk of impeachment just 18 months before the 2020 presidential election.

"Whatever the issue and challenge that we face, the Congress of the United States will honor its oath of office to protect and defend the constitution of the United States, to protect our democracy," Pelosi told journalists in Belfast when asked about possible impeachment proceedings.

"The legislative branch has a responsibility of oversight of our democracy and we will exercise that," she said.

Source: NewsMax Politics

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The Latest: Sudanese want ‘immediate’ move to civilian rule

The Latest on Sudan, where protests forced long-ruling President Omar al-Bashir from power last week (all times local):

11 a.m.

Organizers of the protests in Sudan that forced long-ruling President Omar al-Bashir from power are calling on the military to "immediately and unconditionally" hand power to a transitional civilian government that would rule for four years.

The political parties and movements behind the four months of protests said in a joint statement late Saturday that they will remain in the streets until their demands are met. They say the handover to civilian rule would be the "first step toward the fall of the regime."

The army has appointed a military council that it says will rule for two years or less while elections are being organized. The council met with a delegation of protest organizers on Saturday.

The protesters fear that the military, which is dominated by al-Bashir appointees, will cling to power or appoint one of its own to rule the country.

___

9:30 a.m.

Saudi Araba and the United Arab Emirates have issued statements in support of Sudan's transitional military council after mass protests forced longtime President Omar al-Bashir from power.

Saudi Arabia says it "stands by the Sudanese people" and calls on all Sudanese "to give priority to the national interest" of their country. The UAE called on the Sudanese "to work for protecting legitimacy and ensuring a peaceful transfer of power."

Saudi King Salman ordered an unspecified package of aid for Sudan that includes petroleum products, wheat and medicine.

In separate statements issued late Saturday, Saudi Arabia and the UAE specifically expressed support for Sudan's transitional council formed by the military. The UAE said it welcomed the swearing-in of Gen. Abdel-Fattah Burhan on Friday as head of that council.

Source: Fox News World

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Twitter Shadow Bans Michael Savage For Questioning Notre Dame Fire Narrative

Michael Savage believes that Islamist terrorists may have been behind the Notre Dame blaze, and he is being vocal about it. In response, Twitter has reportedly moved to shadow ban Savage to stop his opinion spreading.

Savage’s reasoning is that terrorists attempted to set the cathedral on fire as recently as 2016, in addition to the fact that hundreds of churches in France have been desecrated over the past year.

Savage found that after he expressed that opinion, Twitter stopped a lot of other users from seeing his posts.

“It became apparent Sunday after being temporarily blocked last week following the burning of Notre Dame, that now he may join the rebels in the shadows,” wrote Amanda Metzger, who works for Savage on his website.

“Some followers who used to receive notifications of his tweets on their smartphones no longer received them,” she added.

Metzger also noted that Savage “suddenly found his Periscope live broadcast was limited in the number of viewers.” (Periscope is owned by Twitter).

Infowars’ Alex Jones is still permanently banned from Twitter. No explanation was ever given, other than the vague suggestion that Jones ‘violated’ T&C’s.

It appears Savage now finds himself in the Twitter sin bin along with Jones and many others.


Alex Jones is on a mission to reach President Trump directly in the DC swamp! Alex breaks down the facts for the President loud and clear from his famous bullhorn!

“Who is in the shadows deciding who is heard and who is silenced? Someone in a dark room behind a bright screen in a foreign country with no First Amendment?” Metzger asked, adding “maybe it’s an American trying to create a safe space online.”

“I can’t think of anything less safe – anything more damaging – than limiting the exchange of ideas,” she continued. “We’re in a dangerous place when we’ve forgotten the phrase, ‘I disapprove of what you say, but I will defend to the death your right to say it.’”

“We are getting closer to the point where federal regulation of social media is inevitable. The airwaves are regulated. In this case, my plea is that there is some transparency in who is banned, blocked or deplatformed and why,” Metzger urged, adding “I would prefer no one find themselves silenced by another.”

“Maybe you don’t care who was deplatformed last year. You didn’t agree with them anyway and seeing their tweets and posts ruined your day,” Metzger concluded. “But if you don’t stand up for them now, they won’t have a voice to come to your defense when you are silenced.”

In related news, it appears that Twitter is planning to allow users to report tweets that they believe are an attempt to ‘mislead’ people at election time.

What could go wrong there?

In a blog post regarding the change, Twitter declared that “Any attempts to undermine the process of registering to vote or engaging in the electoral process is contrary to our company’s core values.”

The move appears to be an effort on behalf of Twitter to adhere to the EU ‘Code of Practice against disinformation’ which Facebook and Google have also signed up to.

Source: InfoWars

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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Source: InfoWars

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149.95

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149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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Source: InfoWars

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It’s the type of crime that doesn’t happen every day.

Police in the suburbs of Philadelphia say three suspects broke into a medical facility in Wynnewood, Pennsylvania, last Saturday and fled with 18 colonoscopies – devices used for examining the health of patients’ colons.

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

AMERICAN SUPERMODEL PAT CLEVELAND ‘STAYING STRONG’ FOLLOWING COLON CANCER DIAGNOSIS

The devices were reportedly worth a total of about $450,000, authorities said.

But police were perplexed about what the suspects might have planned to do with the instruments.

“This is not something that a typical pawn shop might accept,” Lower Merion Police Detective Sergeant Michael Vice told Philadelphia’s WCAU-TV. “My feeling would be that it was some type of black market sales.”

Such a market apparently does exist, Lower Merion Police Superintendent Michael J. McGrath told Philly.com.

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“They appeared to know precisely where to go, and they pried the door open,” McGrath said of the suspects, who were captured on surveillance video leaving the facility, carrying bulging backpacks.

Police are hoping the suspects will be caught in the end.

Source: Fox News National

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