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In Spanish election debate, Sanchez snubs Ciudadanos as tempers fray

Main candidates for Spanish general election hold their second televised debate in Madrid
Spanish Prime Minister and Socialist Workers' Party (PSOE) candidate Pedro Sanchez is pictured before a televised debate ahead of general election in Sebastian de los Reyes, outside Madrid, Spain, April 23, 2019. REUTERS/Juan Medina

April 23, 2019

By Belén Carreño and John Stonestreet

MADRID (Reuters) – The main contenders in Spain’s parliamentary election traded verbal blows over jobs and national identity on Tuesday, as Socialist frontrunner Pedro Sanchez said he had no plans to include center-right Ciudadanos in any governing alliance.

A day after an inconclusive first televised debate, the leaders of the four main parties represented appeared to step up efforts to grab extra votes ahead of Sunday’s ballot – and tempers frayed.

The election is the country’s most divisive in decades and, with no single party close to winning a parliamentary majority, its outcome is uncertain. Polls have showed that up to four in 10 voters have yet to decide whom to cast their ballot for.

Outgoing Prime Minister Sanchez looks best placed to form a government if his Socialist Party wins the around 30 percent of the vote that surveys have suggested.

But he would need to team up with one or more other party to form a parliamentary majority, and on Tuesday he distanced himself from one option.

“Entering an alliance with a party that has put cordon sanitaire around the Socialist Party is not part of my plans,” he said in reference to Ciudadanos at the start of the debate.

Ciudadanos has previously said it will not join any coalition led by Sanchez, and its leader Albert Rivera – together with Conservative Partido Popular’s (PP) Pablo Casado – renewed the two-pronged attack they had directed at the prime minister on Monday.

The economy made a late appearance as an election topic in a wide-ranging and at times chaotic debate that also took in immigration, housing and gender equality.

But as on Monday, one of the most emotive issues remained Catalonia and the region’s botched 2017 independence bid, which came close to triggering a constitutional crisis.

Casado called Sanchez “the favorite candidate of the enemies of Spain” and Rivera told him: “Many Socialists are disappointed with you because you want to liquidate Spain.”

Sanchez, who became prime minister in June, has been more open to dialogue with Catalan separatists than his conservative predecessor Mariano Rajoy.

But he reiterated on Tuesday that he was ruling out any moves toward independence by the region, and that its pro- and anti-secessionist factions needed to negotiate with each other.

‘NERVOUS’ OR LOOKING ON?

The rightist candidates also attacked Sanchez over unemployment. Casado compared Spain’s economy to thrice bailed-out Greece and Rivera called the country “the European joblessness champion”.

The Ciudadanos leader also repeatedly told Sanchez he looked “nervous.”

Spain’s jobless rate has nearly halved from its 2013 peak, and growth in the euro zone’s fourth-largest economy has consistently outpaced the bloc’s average since shortly after it exited recession in the same year.

The bulk of the recovery took place under Sanchez’s PP predecessor, Mariano Rajoy, though unemployment has continued to fall since Sanchez took office almost a year ago and hit a 10-year low in the last quarter of 2018.

But the jobless rate remains above 14 percent, and a stretched pension system and the labor market are overdue for structural reform.

“This country’s problem is short-term employment,” said Pablo Iglesias of far-left Podemos Unidas.

For Pablo Simon, professor of political science at Carlos III University in Madrid, Casado and Rivera and failed to land telling blows on Sanchez.

The Socialist leader “saw the bulls and stayed behind the barrier, as he did yesterday, letting the others slug it out though he did venture into the ring a little more,” he said.

Publication of official opinion polls ended six days before the election and in Monday’s final survey, by GAD3 in ABC newspaper, the Socialists scored 31.5 percent of the vote, giving Sanchez far more leeway than others to pitch for coalition partners.

However, he may well need to bring separatist lawmakers on board, which would complicate any broader alliance.

A putative coalition of PP, Ciudadanos and the far-right Vox of Santiago Abascal scored a combined 45 percent – putting them short of a parliamentary majority.

Vox was not invited to the debate as it is not currently represented in Spain’s parliament.

(Additional reporting by Andres Gonzalez; Editing by Cynthia Osterman)

Source: OANN

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Arkansas pastor to lead Southern Baptist executive committee

Arkansas Pastor Ronnie Floyd has been elected president and CEO of the Southern Baptist Convention's executive committee after the man previously in the role resigned due to an inappropriate relationship.

The committee elected Floyd at a meeting Tuesday in Dallas. His previous SBC leadership roles include being SBC president from 2014 to 2016.

He replaces Frank Page , who last year resigned over what an SBC leader described as a "morally inappropriate relationship."

Floyd, an evangelical adviser to President Donald Trump, is senior pastor of Cross Church, which has locations in northwest Arkansas and southwest Missouri.

The SBC has been grappling with how to better respond to sexual abuse. Two Texas newspapers reported in February that hundreds of Southern Baptist clergy and staff had been accused of sexual misconduct over the past 20 years.

Source: Fox News National

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Search for girl, 5, who vanished in California river called off for night, to resume

Authorities in Stanislaus, Calif., announced late Sunday that the search for a 5-year-old girl who earlier slipped on rocks and fell into a river in the area has been called off for the night and will continue in the morning.

The unidentified girl slipped off some rocks near the Stanislaus River at about 5 p.m. Bystanders tried to reach her in the river but were unsuccessful. The girl's father jumped in, but began to struggle, according to ModBee.com. Another bystander had a grip of the girl but the current was too strong and she was swept away, the report said.

Fox 40 reported that recent storms in the area have created dangerous conditions along the waterway.

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The child disappeared in the river in Knights Ferry, according to the Stanislaus County Sheriff’s Department.

Source: Fox News National

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Exclusive: U.S. orders foreign firms to further cut oil deals with Venezuela

FILE PHOTO: Isla Oil Refinery PDVSA terminal is seen in Willemstad on the island of Curacao
FILE PHOTO: Isla Oil Refinery PDVSA terminal is seen in Willemstad on the island of Curacao, February 22, 2019. REUTERS/Henry Romero/File Photo

March 28, 2019

By Julia Payne and Dmitry Zhdannikov

LONDON (Reuters) – The United States has instructed oil trading houses and refiners around the world to further cut dealings with Venezuela or face sanctions themselves, even if the trades are not prohibited by published U.S. sanctions, three sources familiar with the matter said.

The move comes as Washington’s efforts to oust President Nicolas Maduro in favor of opposition leader Juan Guaido have stalled, and is further evidence of how it is leaning on non-U.S. firms to achieve its foreign policy goals.

The U.S. imposed fresh sanctions on Venezuela’s oil industry earlier this year but some companies have continued to supply the country with fuel from India, Russia and Europe.

Washington is particularly keen to end deliveries of gasoline and refined products used to dilute Venezuela’s heavy crude oil to make it suitable for export. Jet fuel and diesel would be exempt for humanitarian reasons, the sources said.

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) announced a ban in early February on the use of its financial system in oil deals with Venezuela after April.

But as recently as this week, the U.S. State department has called up foreign firms to say that the scope of the sanctions is wider.

The sources said that the State Department made clear that any kind of oil trade, whether it be direct, indirect or barter, would be considered a breach.

OFAC and the State Department did not immediately respond to requests for comment.

“This is how the United States operates these days. They have written rules and then they call you to explain that there are also unwritten rules that they want you to follow,” one of the sources said.

Washington has been using its oil clout more and more. At a major oil event in Houston this month, U.S. Secretary of State Mike Pompeo made a rare appearance and laid out a vision of working with energy firms to isolate Iran and Venezuela.

Venezuela’s overall exports of crude and fuel dropped to 920,000 barrels a day in the first month of sanctions from more than 1.5 million bpd in the prior three months, according to Refinitiv Eikon and state firm PDVSA data.

Russia, however, remains a staunch supporter of Maduro’s government which has plunged Venezuela into an economic and humanitarian crisis.

In an escalation of tensions, U.S. President Donald Trump called on Moscow to remove all its soldiers from Venezuela after a Russian military contingent arrived just outside of Caracas, saying “all options” were open to make that happen.

Russia responded on Thursday saying it had sent “specialists” to Venezuela under a military cooperation deal.

The biggest trading firms, based in Europe, such as Vitol, Gunvor, Mercuria, Trafigura and Glencore account for about 10 percent of global oil trade.

(Reporting By Julia Payne and Dmitry Zhdannikov in London, Additional reporting by Lesley Wroughton in Washington; Editing by Kirsten Donovan)

Source: OANN

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Forex traders hope for March relief from volatility doldrums

U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto
U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto, Ontario, Canada June 13, 2018. REUTERS/Chris Helgren

February 27, 2019

By Tommy Wilkes

LONDON (Reuters) – Price swings in the world’s most-traded currencies have plummeted as a dovish shift by major central banks reversed a brief revival at the end of 2018, and traders are hoping events such as Brexit will shake up moribund markets next month.

Volatility is crucial for traders, who can wring out more profits when prices move wildly. But the euro/dollar exchange rate — the world’s most-traded currency pair — is stuck in its narrowest quarterly trading range since the euro’s inception.

Any negative impact on the dollar from the pause in the U.S. Federal Reserve’s interest-rate-hiking cycle has been blunted by a cautious European Central Bank faced with a struggling euro zone economy, leaving the exchange rate treading water.

U.S. President Donald Trump’s move this week to delay tariffs on Chinese goods, welcomed by investors eager for an end to trade conflicts, should also suppress volatility.

So far in 2019, euro/dollar has traded within a range of 3.365 cents — between $1.1570 and $1.1234. According to Societe Generale’s Kit Juckes, the average quarterly range has been 9 cents, hitting a record 24 cents a decade earlier. In the fourth quarter of 2018 the range was 4.12 cents.

Graphic: Euro vs the U.S. dollar – https://tmsnrt.rs/2U93OzV

It’s a similar story elsewhere. Dollar/yen volatility — vol in traders’ parlance — is nearly a third of early January levels. The implied volatility curve — a measure of expected price swings in the currency pair — is the lowest in five years.

Even sterling, highly sensitive to Brexit headlines, has seen volatility fall to two-thirds of November levels.

Deutsche Bank’s Currency Volatility Index has dropped to 6.89, its lowest since July 2018, from levels of 9 as recently as Jan. 3. The index averaged above 10 for much of 2015-2016.

Graphic: Currency volatility plunges – https://tmsnrt.rs/2Ewaumr

Now traders are hoping that a series of events in March — Brexit, central bank meetings in the United States, euro zone and Japan and a potential flare-up in global trade disputes — will lift volatility.

But while the possibility of a delay in Britain’s March 29 departure date from the European Union has lifted short-term sterling volatility expectations, wild swings further out are seen as unlikely.

Implied one-month and three-month sterling-dollar vol remain well below late-2018 levels. It’s a similar story in euro/sterling.

Graphic: Volatility expectations – https://tmsnrt.rs/2BSb3oA

Investors are even less confident about large euro/dollar moves, with one-month implied vol stuck near 14-month lows. The three-month contract is around its lowest since August 2014.

Options markets imply euro/dollar will move in a range of 1.5 cents over the next month — keeping it firmly between $1.12 and $1.15.

(Additional reporting by Richard Pace; Editing by Sujata Rao and Catherine Evans)

Source: OANN

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Most senior Catholic charged with child sex abuse convicted

The most senior Catholic cleric ever charged with child sex abuse has been convicted in Australia of molesting two choirboys moments after celebrating Mass.

Cardinal George Pell is Pope Francis' top financial adviser and the Vatican's economy minister. He bowed his head as a jury delivered unanimous verdicts in the Victoria state County Court on Dec. 11 after more than two days of deliberation.

The court had until Tuesday forbidden publication of any details about the trial.

The 77-year-old faces a potential maximum 50-year prison term after a sentencing hearing which begins on Wednesday. He has foreshadowed an appeal.

The jury convicted Pell of abusing two 13-year-old boys whom he had caught swigging sacramental wine in a rear room of Melbourne's St. Patrick's Cathedral in 1996 when he was archbishop.

Source: Fox News World

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USPS unveiling new Forever stamp, a tribute to former President George H.W. Bush

The U.S. Postal Service (USPS) on Saturday said it'll pay tribute to former President George H.W. Bush by putting his image on a commemorative Forever stamp.

The agency highlighted aspects of Bush’s legacy in a news release, including that he “guided the United States through the end of the Cold War.”

BARBARA BUSH SAYS NANCY REAGAN HATED HER, LEFT HER OUT OF DINNER WITH PRINCESS DIANA AND PRINCE CHARLES

“An advocate for public service, Bush explained his vision of a nation of volunteers as ‘a brilliant diversity spread like stars, like a thousand points of light in a broad and peaceful sky,” the USPS said.

The agency scheduled a “first-day-of-issue ceremony” for June 12 at the George H.W. Bush Presidential Library and Museum in College Station, Texas, while noting that the date is the former commander in chief's birthday,

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The image featured on the postage stamp is a painted portrait of the 41st president, which was based on a photo of him from 1997, according to the news release.

Bush was 94 years old when he died in November.

Source: Fox News National

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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