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IMF loan program for Mozambique to be decided as soon as next week: official

FILE PHOTO: People stand on the banks where the bridge was washed away, in the aftermath of Cyclone Idai, near the village of John Segredo
FILE PHOTO: People stand on the banks where the bridge was washed away, in the aftermath of Cyclone Idai, near the village of John Segredo, Mozambique March 24, 2019. REUTERS/Mike Hutchings/File Photo

April 12, 2019

WASHINGTON (Reuters) – The International Monetary Fund could approve a loan program for Mozambique as soon as next week to help the African nation recover from a devastating cyclone, an official with the international lender said on Friday.

“We have moved very rapidly to support Mozambique,” Abebe Aemro Selassie, director of the IMF’s African department, said. He said the IMF’s board could decide on a so-called rapid credit facility in the order of $120 million as soon as next week.

(Reporting by Jason Lange; Editing by Andrea Ricci)

Source: OANN

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Exclusive: Uber plans to kick off IPO in April – sources

FILE PHOTO: Uber's logo is displayed on a mobile phone
FILE PHOTO: Uber's logo is displayed on a mobile phone, September 14, 2018. REUTERS/Hannah Mckay

March 14, 2019

By Carl O’Donnell and Heather Somerville

(Reuters) – Ride-hailing company Uber Technologies Inc is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft Inc, people familiar with the matter said on Thursday.

Next month, Uber will issue its required public disclosure, known as an S-1, and launch its investor roadshow, the people said.

The timing for Uber’s IPO means it will most likely be hitting the public markets soon after Lyft completes its own public offering, which is expected to happen by the end of March, people familiar with the matter said.

Uber declined to comment.

(Reporting by Carl O’Donnell in New York and Heather Somerville in San Francisco; additional reporting by Greg Roumeliotis in New York; Editing by Meredith Mazzilli)

Source: OANN

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Trump Curses Dem Probes

President Donald Trump on Thursday — energized by the completion of a nearly two-year Russia collusion investigation by special counsel Robert Mueller — ripped into congressional Democrats for "ridiculous bullsh–, partisan investigations."

In a Michigan rally, Trump declared "the deep state attempt to overturn the results of the 2016 election have failed."

"So, the Russia hoax proves more than ever that we need to finish exactly what we came here to do: Drain the swamp," Trump said to cheers. 

"The Democrats have to now decide whether they will continue defrauding the public with ridiculous bullsh–, partisan investigations, or ways they will apologize to the American people and it join us to rebuild our crumbling infrastructure," he said.

Source: NewsMax America

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Science of Climate Change Is Anything But Settled

On March 5, 58 senior military and national security leaders sent a letter to President Trump denouncing his plan to form a National Security Council panel to take a critical look at the science underpinning climate change claims. 

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Libyan official says shelling killed 6 civilians in Tripoli

A Libyan health official says fighting between rival militias for control of Tripoli has killed at least six civilians.

Malek Merset, a spokesman for the health ministry in Tripoli, says Wednesday that at least 26 people were also wounded in an overnight shelling in the Abu Salim district, less than 7 kilometers (around 4.5 miles), from the city center.

The fighting pits the Libyan National Army, led by Khalifa Hifter and aligned with a rival government in the east, against militias affiliated with Tripoli's U.N.-supported government.

Both sides traded blame for the shelling.

The U.N. said Tuesday that heavy weapons and shelling have damaged houses, schools and civilian infrastructure in and around Tripoli.

Source: Fox News World

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Time's 'phenom': Is AOC using the media — or the other way around?

Alexandria Ocasio-Cortez is officially a phenom.

Hey, the cover of Time magazine says so.

There's little question that AOC has shrewdly used the media and the media have just as shrewdly used her – either as a young female heroine, for much of the mainstream press, or as a socialist target, for much of the conservative media.

President Trump has privately noted that Ocasio-Cortez "has it," that indefinable star quality – though he disagrees with her on almost everything. And like the president, AOC enjoys picking fights with the press – especially those nettlesome fact-checkers – which in turn generates even more coverage.

She's already been on the cover of National Review, pilloried for her Green New Deal. And what member of Congress, after just three months in office, has gotten the coveted Time cover status?

ALEXANDRIA OCASIO-CORTEZ LANDS 'TIME' COVER: FROM 'DORKY KID' TO 'THE PHENOM'

Perhaps the magazine is just using her as clickbait, or newsstand bait, like everyone else.

Here's the nut graph of the Time piece, justifying the extraordinary focus on her:

"She's a young Hispanic woman, three cornerstones of the party's electoral coalition. She's a democratic socialist at a time when confidence in capitalism is declining, especially among progressive millennials. The issues she ran on — a Green New Deal, Medicare for All, a federal jobs guarantee, abolishing ICE — are animating a new generation of Democrats. She's a political phenomenon: part activist, part legislator, arguably the best storyteller in the party since Barack Obama and perhaps the only Democrat right now with the star power to challenge President Donald Trump's."

About the only thing keeping the pundits from swooning over her as a White House contender is that, at 29, she's not old enough to run.

But the overcoverage can be justified in this sense: Ocasio-Cortez has become the face of the Democratic Party, perhaps even more so than Nancy Pelosi. Her supporters love the idea of a dynamic, Instagram-savvy, aggressively liberal change agent pushing the party establishment to the left. Her detractors love the idea of a self-described democratic socialist with huge spending plans representing a party that relied on more moderate candidates to win the House.

At the same time, the all-AOC approach misses the mark in vastly overstating her influence. Freshmen have little real power in an institution based on seniority. Pelosi hasn't exactly embraced Ocasio-Cortez's proposals. So she has the ability to drive a media debate, but not to call an oversight hearing or put a bill on the floor.

Still, Time says "she's replaced Hillary Clinton as the preferred punching bag of Fox News pundits and Republican lawmakers, and the hits are taking their toll. Public opinion of Ocasio-Cortez has soured as she becomes better known; according to a Gallup poll conducted in February, 31 [percent] of Americans overall have a favorable impression of her, against 41 [percent] unfavorable — a 15-point swing since September. The same poll found that her popularity had increased with Democrats and nonwhites."

The Fox website yesterday played up a new ad that hits Ocasio-Cortez – from a Republican in a special House election in North Carolina.

AOC STARS IN GOP CONGRESSIONAL AD: 'BLESS HER HEART, SHE HAS SOME TERRIBLE IDEAS

The generally upbeat Time story acknowledges both the limits of her power and her controversial role in the party.

"Her Green New Deal proposal has driven policy debates on the left, but it has virtually no chance of becoming law anytime soon. Her allies plan to boost primary challengers to moderate and conservative Democrats, a push that Ocasio-Cortez has distanced herself from but one that has earned her the enmity of some colleagues. Many House Democrats resent her celebrity and worry it overshadows efforts to reach the moderate voters who propelled the party to the majority. Privately, some admit they're also a little afraid of her."

Now that is fascinating. In other words, they're not only worried about the image she projects, but some feel she's too big for her freshman britches.

The dilemma is that while Ocasio-Cortez answers only to her district in Queens and the Bronx, other parts of the country are not as receptive to a hard-left message, even if it draws kudos online. One Democratic candidate in Michigan is quoted as saying her message is more important than winning elections — but you can't change policy without winning office. (And he got clobbered in his race.)

Time dutifully notes that she is being partially blamed for Amazon withdrawing its second headquarters from Queens; that her office botched the Green New Deal rollout by posting an apocalyptic draft version; and that she's the subject of an FEC campaign finance complaint that she calls bogus.

CLICK HERE TO GET THE FOX NEWS APP

And given that she's made some factual errors — not unlike the man in the White House — the magazine reminds us of what she told Anderson Cooper:

"I think that there's a lot of people more concerned about being precisely, factually and semantically correct than about being morally right."

But your moral position is stronger when you traffic in actual facts.

Look, the fact that a woman who was recently a waitress and bartender is on Time's cover is quite an achievement. It's a bubble that may not last. But for now, AOC and the media are in a codependent relationship that benefits both sides.

Source: Fox News Politics

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Japan’s PM asks for support in abduction dispute with NKorea

Japanese Prime Minister Shinzo Abe says he has asked the leaders of four Central European countries for help in a long dispute with North Korea over the abductions of Japanese citizens decades ago.

Abe says he has asked for "understanding and support" on an issue that is "very important" for Japan.

Japan says North Korea abducted at least 17 Japanese citizens in the 1970s and 1980s to train agents in Japanese language and culture to spy on South Korea. Pyongyang has acknowledged abducting only 13 of them. The countries have no diplomatic relations.

Abe met Thursday the prime ministers of Slovakia, Czech Republic and Poland and Hungary's finance minister. The countries form a group known as Visegrad Four.

Abe also stopped in Slovakia as part of his tour of Europe and Washington.

Source: Fox News World

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Hundreds of Cuban migrants are reported to be on the run Friday in Mexico after a crowd of more than 1,000 burst out of a troubled immigration detention center on its southern border.

Mexico’s National Immigration Institute said the mass escape Thursday in Tapachula – which the Associated Press called the largest in recent memory — involved around 1,300 Cuban migrants, although 700 of them have since returned voluntarily.

The migrants reportedly streamed out of the compound without any resistance, as the institute said its agents weren’t armed and “there was no confrontation.”

Federal police with riot shields later rushed in to control the situation, as a crowd of angry Cubans whose relatives were being held at the facility gathered outside. The Cubans claimed their relatives reported overcrowding and unsanitary conditions at the facility.

A Federal Police officer stands guard outside an immigration detention center in Tapachula, Chiapas state, Mexico, late Thursday, following a breakout.

A Federal Police officer stands guard outside an immigration detention center in Tapachula, Chiapas state, Mexico, late Thursday, following a breakout. (AP)

BORDER PATROL UNION CHIEF BLASTS CONGRESS OVER MIGRANT CARAVANS: ‘WHAT ARE YOU DOING ABOUT IT’?

“My wife and child have been in there for 27 days in bad conditions,” said Usmoni Velazquez Vallejo, as he waited outside for news. “There is overcrowding, insufficient food and there isn’t even medicine for them.”

Another Cuban detainee told the AFP: “We have many there… we are very tight, we sleep on the floor.”

It’s the third time since October that migrants at the facility staged an uprising, according to the news agency.

The center’s holding capacity is officially listed at less than 1,000 people, but the escape of 1,300 meant it was probably at least at double its capacity, since not everyone being held there escaped. Residents in the area said that sometimes the facility has held as many as 3,000 people, and a Mexican newspaper cited by Reuters said Haitians and Central Americans also are among the large group who still have not been tracked down.

Migrants wait for their transfer from an immigration detention center in Tapachula, Chiapas state, Mexico, on Thursday.

Migrants wait for their transfer from an immigration detention center in Tapachula, Chiapas state, Mexico, on Thursday. (AP)

CLICK HERE TO GET THE FOX NEWS APP

Earlier in the day, Mexico’s top human rights official toured the facility.

Elsewhere in the country, a new caravan estimated to contain up to 10,000 migrants is making its way to the U.S.-Mexico border.

The Associated Press contributed to this report.

Source: Fox News World

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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The Washington Post’s media critic went into meltdown after White House Press Secretary Sarah Sanders held a mock press briefing for the children of White House journalists and employees on Take Your Daughters and Sons to Work Day.

Erik Wemple, the newspaper’s chief media critic, slammed Sanders and the White House for organizing a fun day on Thursday for junior would-be journalists, while not holding an actual press conference for the record number of days.

WHITE HOUSE STAFF TO SKIP CORRESPONDENTS’ DINNER AFTER LAST YEAR’S CONTROVERSY

Wemple wrote that Sanders gave to children an important lesson of “the centrality of nonaccountability mechanisms in the affairs of state” after she announced that the mock press briefing was “off the record.”

“When the children head home tonight, perhaps they can pull up archival footage to see how their questions stack up against ye olde press briefings,” he added.

“Accordingly, Sanders was doing more than just providing a fun interlude for the kids; she was headlining a reenactment, anchoring a bona fide historical site.”

— Erik Wemple

“Tuesday, after all, marked a record for number of days without a White House press briefing. Accordingly, Sanders was doing more than just providing a fun interlude for the kids; she was headlining a reenactment, anchoring a bona fide historical site.”

While some correspondents praised the White House for doing “a lot of work to welcome the children and provide “them an excellent experience,” other journalists echoed Wemple’s criticism and pointed out that Sanders hasn’t held a press briefing in over 40 days.

“Kids of WH Press Corps members are getting ready for a briefing with  @PressSec. Their parents have not had one in 45 days,” tweeted CBS News’ White House Correspondent Weijia Jiang.

REPORTER SHOUTS AT SARAH SANDERS AFTER BRIEFING: ‘DO YOUR JOB, SARAH!’

“The irony of it is that they’re pretending that the White House press briefing is a thing, and they’re pretending that this is how the White House operates, but this is not at all how the White House operates … It’s a relic of an earlier time,” another correspondent quoted by the Post said.

“The irony of it is that they’re pretending that the White House press briefing is a thing, and they’re pretending that this is how the White House operates, but this is not at all how the White House operates … It’s a relic of an earlier time.”

— a White HOuse Correspondent

The Post struck a different tune in a column earlier this year, which declared that despite the administration’s criticism of the media, President Trump was “extremely accessible.”

Wemple quoted Martha Joynt Kumar, director of the White House Transition Project, who said that Trump held 338 “short question-and-answer” sessions over his time in office, significantly more than 75 such sessions by former President Barack Obama during his first full two years in office.

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In terms of total instances of access to the media, which include interviews, short sessions, and news conferences, Trump was accessible least 577 times in his first two years in office.

Source: Fox News Politics

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The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown.

The advance in the gross domestic product, the broadest measure of economic health, marks an acceleration from a 2.2% gain in the previous October-December period. However, about half the gain reflected two factors not expected to last — a big jump stockpiling by businesses and a sharp contraction in the trade deficit.

Still, the GDP gain surpassed the 3% bar set by President Donald Trump as evidence his economic program is working. Trump is counting on a strong economy as he campaigns for re-election.

Source: Fox News National

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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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