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Russia Cites EU’s Censorship Regime to Justify Passing ‘Fake News,’ ‘Internet Insults’ Bills

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Man sentenced to 30 years in death of Milwaukee officer

A man convicted of leading Milwaukee police on a high-speed chase that resulted in the death of an officer has been sentenced to 30 years in prison.

Ladell William Harrison pleaded guilty in February to six charges in the June 2018 death of Officer Charles Irvine Jr., who was a passenger in a squad car that was chasing Harrison after he fled a traffic stop. The cruiser lost control and rolled several times before landing on its roof.

Prosecutors said Thursday that the sentence was needed to send a message to the community that fleeing from police will not be tolerated.

The court heard victim statements from Officer Matthew Schulze, who was driving the squad car at the time of the crash, as well as Irvine's family.

Source: Fox News National

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Aviva’s UK insurance boss to step down, management review to begin

FILE PHOTO: A man walks past an AVIVA logo outside the company's head office in the city of London
FILE PHOTO: A man walks past an AVIVA logo outside the company's head office in the city of London March 5, 2009. British life insurer Aviva on Thursday said it was maintaining its dividend, soothing concerns the payout could be cut to conserve capital, and reported annual profits that broadly met forecasts. REUTERS/Stephen Hird

April 24, 2019

LONDON (Reuters) – British insurer Aviva said on Wednesday that Andy Briggs, head of its UK insurance business, was stepping down from the company, just weeks after missing out on its top job to newly installed Chief Executive Maurice Tulloch.

Briggs will remain with the insurer until October 23 to support an orderly transition, Aviva said in a statement.

He joined the Board of Aviva in April 2015 to lead its enlarged UK Life business following the takeover of Friends Life where he served as Group Chief Executive.

Angela Darlington, currently Aviva’s Group Chief Risk Officer, will become interim chief executive of UK Insurance, subject to regulatory approval.

Aviva also said Tulloch would lead a review of the UK businesses to ensure “the appropriate management structure” going forward. 

(Reporting By Sinead Cruise, editing by Huw Jones)

Source: OANN

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'Game of Thrones' Actor Compares Trump to Ruthless Boy-King

One of the actors on "Game of Thrones" said in a new interview the fantasy drama mimics modern life under President Donald Trump.

Kit Harington spoke with Variety ahead of the show's eighth and final season and compared Trump to a boy-king on the show who relished in chaos before he was killed in the fourth season.

"I think it's always been about two things for me. About dysfunctional families — or families in general, always where the best drama is — and the everlasting idea that people who seek power are very often the last people who should have it," Harington said.

"Unfortunately, we're leaving 'Thrones' with a Joffrey as the president of the United States of America."

Harington added he is "deeply sad" about the current state of the world.

"I'm deeply sad of the state of the world as 'Thrones' ends," he said. "Because if it was prophetic, you'd hope that people would have watched 'Thrones' and tried to avoid some of the situations these characters find themselves in, and I feel like we are living in a more 'Thrones'-like world."

Source: NewsMax America

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Pope’s trip to Morocco to highlight Christian-Muslim ties

Pope Francis's weekend trip to Morocco aims to highlight the North African nation's tradition of Christian-Muslim ties while also letting him show solidarity with migrants at Europe's door and tend to a tiny Catholic flock on the peripheries.

Francis will address the first two items on the agenda Saturday when he begins his 27-hour visit to Rabat, the Moroccan capital. He'll tend to the third when he wraps up the visit with a Mass and a meeting with Moroccan clergy on Sunday.

"Morocco has always been a pioneer in initiatives of dialogue with Christians," said Abdellah Boussouf, an Islamologist and secretary general of the Council of the Moroccan Community Living Abroad. "Christians have always enjoyed their rights in Morocco, including freedom of movement, church building and marriage."

The highlight of the trip is likely to be Francis' visit Saturday to the Mohammed VI Institute, a school of learning for imams that epitomizes Morocco's efforts to promote a moderate brand of Islam and export it via preachers to Africa, the Middle East and Europe.

Morocco, a Sunni Muslim kingdom of 36 million, reformed its religious policies and education to limit the spread of fundamentalism in 2004, following terrorist bombings in Casablanca in 2003 that killed 43 people.

The trip follows Francis' February visit to the United Arab Emirates, where the pope and the imam of Cairo's Al Azhar, the seat of Sunni learning, signed a landmark joint statement establishing the relationship between Catholics and Muslims as brothers, with a common mission to promote peace.

The "Human Fraternity" document outlines a shared set of values and principles common to Christians and Muslims, focusing on the dignity of every person and a rejection of violence committed in God's name.

Muslims, Christians and Jews have long lived peacefully in Morocco, even though Catholics are a tiny minority of about 23,000.

"As Christians and Muslims, we believe in God the creator and merciful one, who has created men and women and placed them on earth so that they might live together as brothers and sisters, respecting each other's diversity and helping each other in their need," Francis said in a video message to Moroccans released on the eve of the trip.

The pope is travelling to Morocco 34 years after St. John Paul II became the first pope to visit.

Later Saturday, Francis will visit a migrant center run by the Caritas charity organization.

Morocco last year became the main departure point for sub-Saharan African migrants seeking to reach Europe via Spain, after Italy essentially closed its borders to migrants leaving from Libya.

The rising numbers of migrants have put pressures on the kingdom, and become a hot political issue in Spain ahead of that country's April 28 general election.

___

El Masaiti contributed from Rabat, Morocco.

Source: Fox News World

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Arraignment set for man charged after missing child hoax

A 23-year-old man accused of impersonating a long-missing child is scheduled for arraignment in federal court.

Brian Michael Rini (REE'-nee) of Medina (meh-DY'-nuh), Ohio, will go before Magistrate Karen Litkovitz in a Friday afternoon hearing in Cincinnati. He was indicted this week of two counts of lying to federal agents and one count of aggravated identity theft.

He had been arrested earlier on a single false statement count after DNA testing proved he wasn't Timmothy Pitzen, who disappeared in 2011 at age 6. A message seeking comment was left Thursday with his federal public defender.

The federal magistrate last week cited Rini's lack of a permanent address, past mental health issues and "a lengthy criminal history" that goes back to age 13 as she ordered him held without bond.

Source: Fox News National

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Exclusive: J. Crew turns again to debt restructuring lawyers – sources

A J.Crew store is seen in Manhattan, New York
FILE PHOTO: A J.Crew store is seen in Manhattan, New York March 3, 2014. REUTERS/Mike Segar

March 28, 2019

By Mike Spector and Jessica DiNapoli

(Reuters) – J. Crew Group Inc has tapped restructuring lawyers for the second time in as many years to explore options for reworking its debt, as the U.S. clothing chain struggles with falling sales and a dwindling cash pile, people familiar with the matter said on Thursday.

The company’s decision to seek help with its debt once again underscores the persistent business challenges J. Crew faces despite recent turnaround and financial restructuring efforts. A shift to pricier apparel turned off some shoppers, and J. Crew faces competition from e-commerce firms such as Amazon.com Inc that have squeezed an array of traditional retailers.

The preppy fashion retailer in recent weeks enlisted restructuring attorneys at Weil, Gotshal & Manges LLP, the law firm that helped negotiate a previous debt workout for the company and most recently steered department store operator Sears Holdings Corp through bankruptcy proceedings, the sources said.

Weil lawyers with capital markets and mergers and acquisitions expertise are also involved in the discussions with J. Crew, one of the sources said.

J. Crew, which was taken private in 2011 by TPG Capital and Leonard Green & Partners in a roughly $3 billion leveraged buyout, is also interviewing restructuring specialists at investment banks, the sources said.

In a statement to Reuters on Thursday, the company did not directly address whether it has approached restructuring lawyers, but said it has “been evaluating and executing on opportunities to strengthen J. Crew’s balance sheet” and that its top priority this year is to return its flagship brand to profitability and sustain momentum for its quickly growing Madewell apparel business.

A TPG spokesman declined to comment. Representatives for Leonard Green and Weil did not immediately respond to requests for comment.

A bankruptcy filing is not currently on the horizon for J. Crew, which carries a debt load exceeding $1.7 billion, according to the sources, who spoke on the condition they will not be identified because the deliberations are confidential.

The New York-based retailer is in the early stages of exploring options for its debt that could include a refinancing, the sources said. The discussions are aimed at addressing looming debt maturities in 2021, one of the sources added.

The company has not yet approached creditors about a restructuring, though it could eventually do so, one of the sources said. J. Crew has previously mulled hiving off Madewell through a sale or public offering, Reuters has reported.

J. Crew in 2017 reached a deal with creditors, including Blackstone Group LP’s GSO Capital Partners and Anchorage Capital Group, on a debt exchange that roughly cut in half nearly $567 million in bond obligations, and extended their due date by two years.

J. Crew, which has sold clothes once donned by former first lady Michelle Obama, had about $25.7 million in cash as of the beginning of February, down from roughly $107 million a year earlier, and the company has booked financial losses in seven of the last eight quarters, according to securities filings.

(Reporting by Mike Spector and Jessica DiNapoli in New York; Editing by Matthew Lewis)

Source: OANN

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

April 26, 2019

By Ryan Woo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

NEED FOR CASH

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

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

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

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

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

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

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

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

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

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

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

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

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

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

STATE COMPETITION

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

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

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

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

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

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

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

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

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

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

Source: OANN

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

April 26, 2019

By Patricia Weiss and Ludwig Burger

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

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

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

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

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

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

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

Bayer is appealing or plans to appeal the verdicts.

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

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

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

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

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

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

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

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

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

Source: OANN

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

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

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

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

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

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

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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