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US home price gains fall to lowest in more than 6 years

U.S. home prices rose at their slowest pace in more than six years in January, as higher mortgage rates weighed on sales.

The S&P CoreLogic Case-Shiller 20-city home price index increased 3.6 percent in January from a year earlier, down from 4.1 percent in the previous month.

The slowdown in price appreciation has helped make homes more affordable. Mortgage rates have also fallen since January. Cheaper homes and lower rates are starting to reverse last year's sales slump. Sales of existing homes soared in February, though they remain slightly below where they were a year ago.

Some red-hot markets have cooled off. Home prices in Seattle rose just 4.1 percent in January from a year ago, down from a 12.8 percent gain in January 2018.

Source: Fox News National

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Activists Tied to Ferguson Protests Dying

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Plea entered in shooting that preceded black teen's killing

A Pennsylvania man pleaded guilty Friday to aggravated assault and firearms violations for a drive-by shooting that preceded the killing of a fellow passenger by a police officer, who is now awaiting trial himself.

Zaijuan Hester, 18, of Swissvale, pleaded guilty in the June shooting in North Braddock that prompted then-East Pittsburgh Police Officer Michael Rosfeld to pull over the unlicensed cab a short time later.

Prosecutors said a man was wounded in the abdomen in the drive-by shooting.

Rosfeld's trial for criminal homicide in the subsequent death of 17-year-old Antwon Rose II starts Tuesday in Pittsburgh. His defense lawyer has argued that Rosfeld was justified in shooting Rose in the back as he ran from the cab.

The shooting by the police officer, who is white, of Rose, an unarmed black teenager, was captured on video by bystanders, and prompted protests in the Pittsburgh area.

Investigators said the cab driver identified Hester from a photo array. They said Hester was the only person seen in surveillance video firing from the cab during the drive-by shooting.

The Pittsburgh Post-Gazette said Hester told a judge Friday that he was the shooter and not Rose.

The .40-caliber handgun Hester used, prosecutors said, had been stolen in 2016.

Hester defense attorney Anne Marie Mancuso said he will not be a witness at Rosfeld's trial, the newspaper reported.

Mancuso told the newspaper that Hester made a tough decision to plead guilty. Hester's sentencing was scheduled for June.

Source: Fox News National

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Rep. Mark Green blasts Dems’ ‘massive leveraging’ of legislative against executive branch

Amid the fallout of Robert Mueller's investigation, Congressman Mark Green, R-Tenn, has called the subsequent investigations by Democrats a "massive leveraging of the legislative branch against the executive branch" which, in his opinion, constitutes a "ridiculous abuse of power."

In the days since a full, redacted version of the Mueller report was released last Thursday, continued discussions about the possibility of impeachment proceedings have been brought up amongst Democrats as they investigate various elements of the President's life and attempt to determine whether he actually obstructed justice throughout Mueller's probe.

"Nearly every single Democrat committee chairman is investigating some aspect of the president," Rep. Green, a member of the House Homeland Security Committee, said during an appearance on "America's Newsroom" on Wednesday afternoon.

DEMOCRATS' EXTREME 2020 POLICIES ON ABORTION, IMMIGRATION ARE PLAYING INTO TRUMP'S REELECTION, ANALYST SAYS

FORMER CLINTON ADVISER, FIERCE CRITIC OF SANDERS NOW PRAISES 2020 CAMPAIGN

"You look at ways and means. They are looking at his taxes. The finance services, they're looking at Deutsche Bank. Oversight is looking at Mr. Klein. Judiciary is looking at McGahn. Intel is looking at collusion," he continued.

"This is a ridiculous abuse of power. They're leveraging the legislative branch against the executive branch," he said.

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He continued by arguing that despite extensive investigations by leading Democrats, the party has little to show for it. In addition, President Trump wants to reach across party lines to discuss big issues like immigration, but Democrats aren't interested, Green said.

"We can get this done, and they just want to keep investigating the president," he said. "For them, it's 2020 talking points and that's it."

Ultimately, Democrats will pay for that at the polls, Green argued.

Source: Fox News Politics

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Angel Moms & Angel Dads: Media Silence

Angel Moms and Angel Dads: Media Silence By Paul O’Brien It seems the media is very eager to give the families of murder victims a platform to tell the country why they are right and we are wrong. But wait. There is more to the story. It appears the media is only willing to give […]

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British lawmakers call on government to put an end to throwaway fashion

A shop assistant adjusts Dior sunglasses at Dior's new flagship store in London
A shop assistant adjusts Dior sunglasses at Dior's new flagship store in London, Britain, May 31, 2016. REUTERS/Stefan Wermuth

February 19, 2019

MADRID (Reuters) – A cross-party group of British lawmakers recommended on Tuesday that brands and retailers in the fashion industry should pay a penny per garment to fund better clothing waste collection following an eight-month inquiry into the sector.

The British buy more clothes per person than any other country in Europe, the report published as a result of the inquiry noted, while around 300,000 tons of textile waste are sent to landfill or incinerators in the UK every year.

The inquiry, the first of its kind carried out at parliamentary level worldwide, coincides with growing public awareness of waste and its environmental impact.

The fashion industry is big business in Britain, worth 32 billion pounds ($41 billion) in 2017 and employing 890,000 people in retail, manufacturing, brands and fashion design in the country.

But charities, scientists and academics raised concerns during the inquiry that fast fashion – an accelerated business model that sees increased numbers of new collections every year, often at low prices – was unsustainable.

“‘Fast fashion’ means we over-consume and under-use clothes,” said Environmental Audit Committee Chair Mary Creagh, who is also a Member of Parliament. “Fashion retailers must take responsibility for the clothes they produce.”

Aside from the penny charge to fund better waste collection, the committee called on the government to implement tax reforms to reward companies that design products with less environmental impact and to favor reuse, repair and recycling of garments.

It also recommended lessons to design, make and mend clothes should be on the school curriculum, while sales taxes on repair services should be reduced.

“The government must act to end the era of throwaway fashion by incentivizing companies that offer sustainable designs and repair services,” said Creagh.

(Reporting by Sonya Dowsett; Editing by Jan Harvey)

Source: OANN

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‘I won’ says Ukraine tycoon as court rules PrivatBank nationalization illegal

FILE PHOTO: Women use PrivatBank ATM machines in Kiev, Ukraine
FILE PHOTO: Women use PrivatBank ATM machines in Kiev, Ukraine November 9, 2018. REUTERS/Gleb Garanich/File Photo

April 18, 2019

By Polina Ivanova and Natalia Zinets

KIEV (Reuters) – Ukrainian tycoon Ihor Kolomoisky won a victory on Thursday in his battle with the government over the 2016 nationalization of PrivatBank as a court ruled the change of ownership was illegal.

Kolomoisky, who co-founded PrivatBank, has fought legal battles against the government since the Kiev authorities took over the bank, Ukraine’s largest lender, in December 2016. As he cheered the court’s decision on Thursday, the finance ministry said it would appeal the ruling.

“That means I won. I won the lawsuit,” Kolomoisky said after Reuters told him the news of the court’s decision, which was announced while Reuters was conducting a phone interview with him. “Well, excellent,” he added.

The central bank said it would also appeal the ruling and that it was impossible to reverse the nationalization.

The ruling is a blow to the government, which wrested PrivatBank from Kolomoisky in 2016 and then shored up the lender with billions of dollars. The government wants to recover money it says was siphoned out while Kolomoisky owned it. Kolomoisky denies any wrongdoing and says the bank was forcibly nationalized without proper justification.

The fate of PrivatBank has also loomed over Ukraine’s ongoing presidential election campaign.

Kolomoisky has publicly supported the candidacy of Volodymyr Zelenskiy, the frontrunner to beat the incumbent President Petro Poroshenko at an election run-off this Sunday. Zelenskiy has repeatedly denied that he would endeavor to hand PrivatBank back to Kolomoisky if elected.

Thursday’s ruling could boost Kolomoisky’s chances of winning compensation or retrieving the bank.

PrivatBank was nationalized as part of an clean-up of the banking system backed by the International Monetary Fund, and the authorities have previously warned that any step to reverse the decision could derail Ukraine’s $3.9 billion loan program.

Kolomoisky played down the prospect of the central bank and finance ministry trying to appeal the decision.

“But you understand that the National Bank has no options because they, I know it for sure, did all this unlawfully,” he said. He then suggested the central bank should admit defeat and “submit a confession about how they did everything unlawfully.”

BLOW TO IMAGE

The authorities have spent nearly $6 billion since the nationalization to plug a hole in PrivatBank’s balance sheet, caused by what the government says were fraudulent lending practices and money laundering.

Kolomoisky disputes that assessment of the bank’s health when it was nationalized. The case led to hundreds of lawsuits and the authorities see it as a test of their fight against corruption.

“The court ruling has yet to come into effect and will be appealed by the NBU (National Bank of Ukraine),” Viktor Hryhorchuk, head of litigation at the central bank’s Legal Department, said in a statement.

Lawsuits challenging the nationalization of PrivatBank “deal irreversible damage to Ukraine’s international image,” the central bank said in the same statement.

The IMF was not immediately available for comment. The finance ministry said it had followed the law in nationalizing PrivatBank and said making sure banks met capital requirements “is crucial for ensuring the stability of the banking system and supporting public confidence.”

President Poroshenko had warned this week that any backsliding on PrivatBank would spark a “deep crisis in relations with the IMF. With respective risks for macroeconomic stability, for the exchange rate, it may lead to a new crisis.”

Zelenskiy, a 41-year-old comedian with no prior political experience, has had to fend off accusations from Poroshenko that he is a puppet of Kolomoisky, whose TV channel airs Zelenskiy’s shows.

Zelenskiy insists his relationship with Kolomoisky is strictly professional. In an interview with Reuters in February, Zelenskiy said he would not hand back ownership of PrivatBank to Kolomoisky if he becomes president.

(Reporting by Polina Ivanova, Natalia Zinets and Pavel Polityuk; writing by Matthias Williams; Editing by Susan Fenton)

Source: OANN

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Sri Lanka's former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake
Sri Lanka’s former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake, Sri Lanka April 12, 2019. REUTERS/Dinuka Liyanawatte

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

COLOMBO (Reuters) – Sri Lanka’s former wartime defense chief, Gotabaya Rajapaksa, said on Friday he would run for president in elections this year and would stop the spread of Islamist extremism by rebuilding the intelligence service and surveilling citizens.

Gotabaya, as he is popularly known, is the younger brother of former President Mahinda Rajapaksa and the two led the country to a crushing defeat of separatist Tamil rebels a decade ago after a 26-year civil war.

More than 250 people were killed in bomb attacks on hotels and churches on Easter Sunday that the government has blamed on Islamist militants and that Islamic State has claimed responsibility for.

Gotabaya said the attacks could have been prevented if the island’s current government had not dismantled the intelligence network and extensive surveillance capabilities that he built up during the war and later on.

“Because the government was not prepared, that’s why you see a panic situation,” he said in an interview with Reuters.

Gotabaya said he would be a candidate “100 percent”, firming up months of speculation that he plans to run in the elections, which are due by December.

He was critical of the government’s response to the bombings. Since the attacks, the government has struggled to provide clear information about how they were staged, who was behind them and how serious the threat is from Islamic State to the country.

“Various people are blaming various people, not giving exactly the details as to what happened, even people expect the names, what organization did this, and how they came up to this level, that explanation was not given,” he said.

On Friday, President Maithripala Sirisena said the government led by premier Ranil Wickremesinghe should take responsibility for the attacks and that prior information warning of attacks was not shared with him.

Wickremesinghe said earlier he was not advised about warnings that came from India’s spy service either, presenting a picture of a government still in disarray since the two leaders fell out last October.

Gotabaya is facing lawsuits in the United States, where he is a dual citizen, over his role in the war and afterwards.

The South Africa-based International Truth and Justice Project, in partnership with U.S. law firm Hausfeld, filed a civil case in California this month against Gotabaya on behalf of a Tamil torture survivor.

In a separate case, Ahimsa Wickrematunga, the daughter of murdered investigative editor Lasantha Wickrematunga, filed a complaint for damages in the same U.S. District Court in California for allegedly instigating and authorizing the extrajudicial killing of her father.

Gotabaya said the cases were baseless and only a “little distraction” as he prepared for the election campaign. He said he had asked U.S. authorities to renounce his citizenship and that process was nearly done, clearing the way for his candidature.

‘DISMANTLE THE NETWORKS’

He said that if he won, his immediate focus would to be tackle the threat from radical Islam and to rebuild the security set-up.

“It’s a serious problem, you have to go deep into the groups, dismantle the networks,” he said, adding he would give the military a mandate to collect intelligence from the ground and to mount surveillance of groups turning to extremism.

Gotabaya said that a military intelligence cell he had set up in 2011 of 5,000 people, some of them with Arabic language skills and that was tracking the bent towards extremist ideology some of the Islamist groups were taking in eastern Sri Lanka was disbanded by the current government.

“They did not give priority to national security, there was a mix-up. They were talking about ethnic reconciliation, then they were talking about human rights issues, they were talking about individual freedoms,” he said.

President Sirisena’s government sought to forge reconciliation with minority Tamils and close the wounds of the war and launched investigations into allegations of rights abuse and torture against military officers.

Officials said many of these secret intelligence cells were disbanded because they faced allegations of abuse, including torture and extra judicial killings.

Muslims make up nearly 10 percent of Sri Lanka’s population of 22 million, which is predominantly Buddhist.

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.

Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.

“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.

“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”

STUART VARNEY: THANKS TO TRUMP, AMERICANS ARE FEELING BETTER ABOUT THEIR FINANCES

39 MILLION ADULTS CANNOT AFFORD A SUMMER VACATION

Kudlow added that Trump has “ended the war” on business and success, and is rallying for the small business owners of America.

“The president is rebuilding incentives, he is rebuilding confidence, he the rebuilding optimism,” he said. “He is basically saying you should keep more of what you earn. He is basically saying to small businesses we’ll cut the paperwork back and make it easier for you to start a business and prosper.”

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Kudlow said the Trump administration is also working with House Speaker Nancy Pelosi and other Democratic leaders to implement bipartisan deals to ensure the continuation of the GDP’s success.

“If the policies and the principles remain in place — and I believe they will — then I believe this new prosperity expansion cycle is going to go on for a whole bunch of more years,” he said.

Source: Fox News Politics

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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President Donald Trump says he feels “young” and “vibrant” at age 72 and thinks he can beat 76-year-old Joe Biden “easily.”

A reporter asked Trump at the White House on Friday how old is too old to be president of the United States.

Trump said: “I just feel like a young man. I’m so young. I can’t believe it. … I’m a young vibrant man.”

Then he smiled and said he’s not sure about Democratic presidential contender Biden, the second-oldest contender in the race behind Bernie Sanders.

Trump said: “I look at Joe. I don’t know about him.”

Biden, in an interview on ABC’s “The View,” joked in response that if Trump “looks young and vibrant compared to me, I should probably go home.”

Source: NewsMax Politics

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