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Sen. Kennedy to Trump: 'Move On' Past Mueller Report

It's time to "move on" past special counsel Robert Mueller's report, Sen. John Kennedy said Tuesday while adding he'd like to tell President Donald Trump to "leave it alone."

"I would say to the president very gently, when you get what you want, leave it alone," the Louisiana Republican told MSNBC's "Morning Joe." "It's okay to have an unexpressed thought, and I said yesterday, and I don't mean any disrespect, but don't be a meathead about this, and I would say this to my Democratic colleagues as well as my Republican colleagues."

Kennedy also said he thinks Attorney General William Barr is a "straight shooter" and he'll release the full Mueller report at some time.

"It's an academic issue because the report is going to leak anyway," said Kennedy. 'The only question is whether it's going leak in part or in toto. But I trust the American people to figure this out."

He said he's worried the arguments will continue on, but "what if we focused all of the effort and emotion and passion that we focused on this subject to reducing the cost of health insurance in America? Imagine what we could do."

Kennedy said the calls for continuing investigations are "just one party trying to score points against another," but he does think Trump should declassify all documents about the FBI's involvement in the 2016 election. After that, "then we can talk about more hearings."

Meanwhile, even though the report clears Trump, there is still the matter of Russian interference in U.S. elections, said Kennedy, and he expects other countries such as China to also interfere in upcoming races.

Source: NewsMax Politics

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No-deal Brexit would take a chip off UK home values: Reuters poll

New residential homes are seen at a housing estate in Aylesbury
New residential homes are seen at a housing estate in Aylesbury, Britain, February 7, 2017. REUTERS/Eddie Keogh/File Photo

February 22, 2019

By Jonathan Cable

LONDON (Reuters) – Britain’s overvalued housing market will undergo a modest correction if the country leaves the European Union at the end of next month without a deal, a Reuters poll found, with London being affected to a greater degree.

Negotiators are still scrambling to reach agreement, and if they fail then home prices in the capital, which has long been a magnet for foreign investors, will fall 3 percent in the six months after the March 29 split.

Nationally, prices will drop 1 percent, the Feb. 13-20 poll found.

“There will be a palpable shock to the UK economy in terms of GDP, inflation, job creation etc,” said Tony Williams at property consultancy Building Value.

He says prices in the capital would fall 10 percent if there were no deal, the most pessimistic forecast.

“This will spill over dramatically to the residential market, with London bearing the brunt given the international catchment of prospective buyers.”

(Graphic: Reuters Poll – Post-Brexit UK house prices outlook – https://tmsnrt.rs/2Elx9kZ)

Since the June 2016 referendum decision to leave the EU, Reuters polls have consistently said a no-deal scenario would knock the economy, equities, housing market and sterling. [ECILT/GB]

However, a dip in the currency – a recent Reuters poll said sterling would fall 5-10 percent if there was no agreement – would make property cheaper for foreign investors, likely offsetting some of the uncertainty. [GBP/POLL]

If an agreement is reached, and most economists think it will be, house prices will rise 1.5 percent nationally and 0.5 in London in the six months after.

The wider poll of 25 market watchers said national home prices would rise 1.5 percent this year and 1.8 percent in 2020, both weaker than forecast three months ago. In 2021 they are expected to increase 2.3 percent.

In London prices are predicted to fall 2.0 percent this year, much sharper than in the last poll, and then rise 0.5 percent and 2.5 percent in the following two years.

“Prices have clearly come off the boil of late but on the assumption that the UK does not leave the EU without a deal, there is scope for the resumption of a modest upward trend,” said Peter Dixon at Commerzbank.

Reflecting the uncertainty, the range of forecasts for 2019 was wide, between a 3 percent fall and a 0.5 percent rise. Nationally, it was even wider – ranging from a 3 percent rise to a 3 percent fall.

OVERVALUED

With uncertainty still surrounding the Brexit outcome, nine of 16 respondents said they think turnover in London homes will fall this year while only two expected a rise. Nationally, 10 said turnover would stay the same, six said fall and two said rise.

“Sales levels will likely stay the same in 2019 as 2018 across the UK although this will vary across the regions,” said Leslie Schroeder at property consultancy Carter Jonas.

“We expect that London and the South East will see a slight fall in overall levels compared with 2018, again as affordability weighs heavily on the ability for average UK earners to move and buy houses.”

When asked to describe the level of London house prices on a scale of 1 to 10 from extremely cheap to extremely expensive, the median response was 8. Nationally they were rated 7, where it has been for a few years.

Those high ratings are unsurprising as the annual average British salary is around 30,000 pounds ($39,000) but the average asking price for a home in Britain was 300,715 pounds this month and more than double that in London, property website Rightmove said.

So although borrowing costs are currently very low and not expected to rise much in the coming years, prospective buyers trying to get on the property ladder will struggle as prices continue to rise, despite them increasing more slowly this year and next than wages and general inflation are predicted to.

“The fundamentals of the UK housing market remain as they are: lack of supply; a growing population; cheap money – a Brexit of any flavor will not dent those fundamentals,” said Russell Quirk at online estate agent eMoov.

(Polling by Indradip Ghosh; Editing by Hugh Lawson)

Source: OANN

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Obama team didn’t do ‘enough’ to combat Russian meddling: Democratic strategist

Former President Barack Obama should have done more to combat Russian meddling, even if Senate leadership refused to cooperate, Democratic strategist Mary Anne Marsh said on Friday's broadcast of "The Daily Briefing."

Marsh, who served as a senior adviser to former Sen. John Kerry, D-Mass., told Fox News host Dana Perino that she didn't "believe the Obama team and President Obama did enough."

Her comments came just after the release of Special Counsel Robert Mueller's report on Russian attempts to interfere during the 2016 elections. The report brought a renewed focus on how the Obama administration confronted meddling, an issue President Trump highlighted on Thursday.

"Anything the Russians did concerning the 2016 Election was done while Obama was President," Trump tweeted. "He was told about it and did nothing! Most importantly, the vote was not affected."

Earlier on "The Daily Briefing," former interim Democratic National Committee chair Donna Brazile defended the former president. Obama, she said, could only do so much, given that additional efforts on his part could have been seen as attempts to help former Democratic presidential nominee Hillary Clinton during the election.

TRUMP RAILS AGAINST ASSOCIATES WHO SPOKE TO MUELLER, CLAIMS 'TOTAL BULL---T'

The former administration also tried getting Congress to release a bipartisan statement on Russian interference in September of 2016 but Senate Majority Leader Mitch McConnell, R-Ky., rejected the opportunity, saying he doubted the intelligence behind that claim.

For Marsh, however, that didn't excuse the former president from taking further action. "Just because Mitch McConnell refused to sign into a statement — ultimately, any president is the commander in chief and you have to protect our country and our national security," she said.

"To have Russia, a foreign country, interfere in our election — possibly hacking machines — is unacceptable. You can't care what anybody thinks about [why] you're doing it," Marsh added.

The Obama administration did attempt to address Russian interference when it surveilled the Trump campaign during the election.

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That earned the administration intense criticism from conservatives, although Rep. Eric Swalwell, D-Calif., one of the leading figures in Congress' Russia investigation, told Fox News earlier that the Obama team shouldn't apologize.

Swalwell pointed to the Mueller report which he said "certainly" showed evidence of collusion and "laid out a multiplicity of contacts between the Trump campaign and Russians."

Source: Fox News Politics

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US to start building 57 miles of 18ft-high fences along Mexican border

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Nikki Haley Group Takes Aim at Socialism, China Trade Practices

Former U.N. Ambassador Nikki Haley on Monday launched a new group whose aim is to promote public policies "that strengthen America's economy, culture, and national security."

Haley, a rising star in the Republican Party and a potential presidential candidate in 2024, left her post two months ago. She recently told The Washington Post she has not decided whether she will run then, but her activities suggest otherwise.

Her group, "Stand for America," endorses "taking a more aggressive approach to China's unfair trade practices" and holding "China's feet to the fire to help get rid of North Korea's nuclear weapons," according to its website.

Haley also in her statement said U.S. "prosperity is challenged by socialist schemes of higher taxes, job-destroying regulations, government-run healthcare, and unsecure borders."

The group will also focus on term limits for members of Congress.

Haley, a former South Carolina governor, has spent nearly 14 years in political office. She also told the Post she is working on a book covering the past five years in public office.

"It will not be a tell-all," a Haley adviser, who spoke on the condition of anonymity, told the Post. "She is not going to attack people in the administration; it's not a score-settling thing. But she says things the way she thinks them. It'll be her voice."

Source: NewsMax America

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Bernie Sanders’ campaign sees major shakeup, just one week after launch

Bernie Sanders’ Democratic presidential campaign is experiencing a major shakeup, with several top advisers heading for the exits, just one week after the Vermont senator launched his second bid for the White House.

Three of the top advisers who helped propel the senator's 2016 White House bid -- Tad Devine, Julian Mulvey, and Mark Longabaugh -- are parting ways with Sanders, the campaign confirmed Tuesday.

EX-SANDERS SPOKESMAN CALLS HILLARY CLINTON TEAM CHOICE WORDS IN INTERVIEW

Sanders 2020 campaign manager Faiz Shakir said in a statement to Fox News that "the campaign appreciates all the good work DML has done and wishes them well." DML is the name of the political consulting firm headed up by Devine, Mulvey and Longabaugh.

"The entire firm has stepped away. We're leaving the campaign … We just didn't have a meeting of the minds,” Longabaugh told NBC News, which was first to report the departure of the senior strategists.

Devine, a veteran political strategist who was a top adviser to the presidential campaigns of then-Vice President Al Gore in 2000 and then-Sen. John Kerry in 2004, served as Sanders’ chief strategist and leading surrogate in 2016. Longabaugh steered the campaign’s game plan for winning delegates and negotiating with the Democratic National Committee. Mulvey played a large role in creating the campaign’s television and digital ads.

Sanders, once a longshot for the 2016 Democratic nomination, crushed Hillary Clinton by 22 percentage points in the New Hampshire Democratic primary, launching him into a marathon battle with the eventual nominee that didn’t end until after the primary and caucus calendar concluded.

BERNIE SANDERS BOASTS OF 'HISTORIC' MILESTONE, SAYS 1 MILLION VOLUNTEERS SIGNED UP FOR CAMPAIGN

But this time, Sanders is running in a crowded field with several other liberal Democrats, like Massachusetts Sen. Elizabeth Warren and California Sen. Kamala Harris, with others expected to join the race.

On Monday, Sanders’ campaign sought to demonstrate the enthusiasm for his campaign by reporting that 1 million people had already signed up to volunteer. As of Monday, six days after his campaign launch, the senator also had raised an eye-popping $10 million from over 359,914 donors. Those numbers put him far ahead of his rivals for the nomination in the race for campaign cash.

But Sanders has also drawn fire from former aides to Clinton, who leaked details about Sanders' use of private jets in 2016 to attend campaign rallies on her behalf. That provoked Sanders’ 2016 campaign spokesman, Michael Briggs, to tell Politico that Clinton’s staff are the "biggest a--holes in American politics," adding that Clinton is “one of the most disliked politicians in America.”

Meanwhile, during a CNN town hall on Monday night, Sanders promised to release his taxes soon but downplayed the unveiling by saying “they’re very boring tax returns.”

Sanders faced some criticism for not releasing his taxes during his marathon 2016 primary battle with Hillary Clinton. He said Monday he would have done so had he beat Clinton.

“If we had won the nomination, we would have done it,” Sanders said.

Fox News’ Alex Pappas contributed to this report.

Source: Fox News Politics

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GOP leaders call on Pelosi to hold Green New Deal hearings

GOP leaders in the House are calling on House Speaker Nancy Pelosi, D-Calif., to hold hearings on the Green New Deal -- part of a broader Republican push to bring more attention to the sweeping plan embraced by the Democratic Party's left flank and derided as socialism by the right.

“We have the responsibility to fully understand all the impacts of the Green New Deal and the impact that it will have not just on our nation -- but will America be able to lead for the next century?” Republican Minority Leader Kevin McCarthy, R-Calif., said in a press conference Thursday. He said that Republican leaders have written to Pelosi with their request for the hearings.

FROM REPARATIONS TO GREEN NEW DEAL, LIBERAL LITMUS TESTS PUT 2020 DEMS IN RISKY TERRITORY

The deal, which would overhaul the nation’s economy and energy strategy and cost trillions of dollars, has moved rapidly from fringe circles to mainstream discussion, and has been endorsed by much of the 2020 Democratic presidential field.

The resolution introduced by Rep. Alexandria Ocasio-Cortez, D-N.Y, and Sen. Ed Markey, D-Mass., envisions a 10-year mobilization that would upgrade and expand power sources and power grids to meet 100 percent of power demand via clean energy sources, while overhauling transport systems to “eliminate pollution and greenhouse gas emissions from the transportation sector as much as is technologically feasible.”

On the economic front, the plan includes a promise to guarantee a job “with a family-sustaining wage, adequate family and medical leave, paid vacations, and retirement security to all people of the United States” -- and to provide health care, affordable housing, economic security and access to clean water, air, food and nature to all “people of the United States.”

Rep. Greg Walden, R-Ore., ranking member on Energy and Commerce Committee, said Thursday that Republicans want to hold Democrats accountable for a plan that he said, “has become a central plank in [Pelosi’s] party’s platform.”

“It’s billed as a solution for climate change. The Green New Deal threatens the entire United States economy and it stretches into every corner of American life.”

“Not only do we believe this is unrealistic, we believe it could put the American Dream out of the reach of millions of Americans,” he later said.

Pelosi has expressed hesitation about the deal. In February, she initially dismissed it as “the green dream or whatever they call it, nobody knows what it is, but they’re for it right?” She later clarified that she welcomes “all the enthusiasm that is out there.”

NANCY PELOSI WON'T COMMIT ON GREEN DEAL NEW VOTE

But later in the month, she said that she would not commit to holding a vote, saying that Congress needs something that is “evidence-based.”

“I can’t say we’re going to take that and pass it because we have to go through our checks and balances of it with our committee chairs and the rest,” Pelosi, D-Calif., told Roll Call when asked about the Green New Deal, once again sounding a note of caution about the plan.

“We welcome all the enthusiasm that people want to put on the table, and the Green New Deal is one of them, but we have to operate in a way that’s evidence-based, current in its data,” she continued.

That skepticism was shared by House Majority Whip Dick Durbin, D-Ill., who said that after he read the resolution, he asked Markey, “What the heck is this?”

IN LETTER TO AOC, BIG LABOR SAYS GREEN NEW DEAL COULD CAUSE 'IMMEDIATE HARM' TO UNION WORKERS

“At this point, I would be – I can’t tell ya', to be honest with you. I’ve read it and I’ve re-read it. And I asked Ed Markey what in the—what in the heck is this?” Durbin said on MSNBC’s “Morning Joe.” “He says it is an aspiration, you know, it’s a resolution aspiration.”

The cautious approach suggests a nervousness from more moderate Democrats that many Americans will balk at such a radical approach to climate change and income inequality. That tension was on display this week when the AFL-CIO labor union outlined its concern to Markey and Ocasio-Cortez.

“We will not accept proposals that could cause immediate harm to millions of our members and their families. We will not stand by and allow threats to our members’ jobs and their families’ standard of living go unanswered,” union leaders wrote.

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The Republican approach appears to be an effort to force lawmakers to either back the deal or anger their left-wing base. The House leaders’ calls echo those from Senate Majority Leader Mitch McConnell, R-Ky., who said last month that he intends to hold a vote on the proposal.

“I’ve noted with great interest the Green New Deal,” McConnell said earlier this month. “And we’re going to be voting on that in the Senate. We’ll give everybody an opportunity to go on the record and see how they feel about the Green New Deal.”

Fox News' Brooke Singman and Louis Casiano contributed to this report.

Source: Fox News Politics

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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