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Rep. Jim Jordan: Democrats are ‘out to get’ President Trump with Mueller report demands

Rep. Jim Jordan, R-Ohio, charged Tuesday Democrats' demands to see the full Mueller report without redactions showed they are “so committed to getting at this president” and “not focused on frankly doing what’s best for the country.”

“You got the chairman of the intelligence committee, Adam Schiff, saying ‘go ahead make public classified information’ and then you have the chairman of the judiciary committee saying ‘go ahead and make public grand jury material.’ Now that’s scary,” Jordan said on “Fox & Friends.”

“This is where they’re at because the Mueller report was not the bombshell that they had hoped it would be. But when you have the head of the intelligence committee, the head of the judiciary committee saying make public material that’s not supposed to get public, that’s not consistent with the law, that’s just wrong, just plain wrong.”

Democratic lawmakers, including House Intelligence Committee Chairman Adam Schiff, D-NY and House Judiciary Committee Chairman Jerrold Nadler, D-NY, have been demanding access in full to special counsel Robert Mueller's report in. Attorney General Bill Barr has said that he and the special counsel’s team are “well along in the process of identifying and redacting” sensitive material in the more than 300-page report and can likely have it to Congress by mid-April, “if not sooner.”

But Democrats on the House Judiciary Committee are preparing to authorize subpoenas for the report this week, giving the panel the option to pursue that route if necessary.

TRUMP SAYS DEMS HAVE FORESAKEN MUELLER AFTER TREATING HIM AS 'GOD-LIKE' 

The report was first transmitted to Barr at the Justice Department last month. Barr issued a four-page initial summary of Mueller’s findings to Congress and to the public just days after. Barr’s summary said that the special counsel found no evidence of collusion between members of the Trump campaign and the Russians during the 2016 presidential election.

Immediately, Democrats began demanding to view the full Mueller report and underlying evidence that brought the special counsel to its decision.

Barr has indicated he does plan on sharing much of the report, noting that, with the help of the special counsel’s office, the Justice Department is reviewing material that “by law cannot be made public” -- covering “material the intelligence community identifies as potentially compromising sensitive sources and methods; material that could affect ongoing matters, including those that the Special Counsel has referred to other Department offices; and information that would unduly infringe on the personal privacy and reputational interests of peripheral third parties.”

“Bill Barr said he will err on the side of transparency, he wants to release as much possible but he’s going to do it consistent with the law, which is what we should expect from an attorney general of the United States of America, “ Jordan said on “Fox and Friends."

“Understand that this report was not what they had hoped. First the Cohen hearing they had was a flop, then the Mueller report comes out, it’s not the bombshell they hoped. Remember what Bill Barr said special council Mueller found, no new indictments, no sealed indictments, no collusion, no obstruction. As definitive as you can get. And so now what they’re saying is 'we want to find something, we have to find something, cause we’re so committed to getting at this president and not focused on frankly doing what’s best for the country.'”

On Tuesday morning, President Donald Trump blasted Nadler and Schiff on twitter.

“There is no amount of testimony or document production that can satisfy Jerry Nadler or Shifty Adam Schiff. It is now time to focus exclusively on properly running our great Country!” Trump tweeted.

Minutes later, Schiff fired back.

“The House voted 420-0 to release the full Mueller report to the public. The American people overwhelmingly support the same. What are you afraid of, Mr. President?” Schiff tweeted.

The Judiciary Committee cited “historical precedent” for the full release of the Mueller report—specifically Watergate, when a judge ordered a 55-page grand jury roadmap to be provided to the committee; and during the Ken Starr investigation of former President Bill Clinton, when a 455-page report, along with evidence including grand jury material, was provided to the panel.

On September 9, 1998, on PBS’ “Charlie Rose," Nadler said, “As a matter of decency and protecting people’s privacy rights, people who may be totally innocent, third parties, what must not be released at all,”  when talking about the Starr report on Clinton. “It’s grand jury material. It represents statements which may or may not be true by various witnesses, salacious material, all kinds of material that it would be unfair to release.” The clip aired on "Fox & Friends" Tuesday.

PRESIDENT TRUMP CALLS ON ADAM SCHIFF TO RESIGN, ACCUSES HIM OF 'KNOWINGLY AND UNLAWFULLY LYING AND LEAKING'

The president took to Twitter Tuesday morning to respond to the statements Nadler made more than a decade ago.

“In 1998, Rep. Jerry Nadler strongly opposed the release of the Starr report on Bill Clinton. No information whatsoever would or could be legally released. But with the NO COLLUSION Mueller Report, which the Dems hate, he wants it all. NOTHING WILL EVER SATISFY THEM! @foxandfriends”

“This is now about President Trump who they’re out to get,” said Jordan. “Again, this is the chairman of the judiciary, the long history the judiciary has in protecting fundamental liberties, fundamental rights and following the law and yet you now have the chairman saying ‘I don’t care. I don’t care. Give me everything we want to make public.’ That is what is so wrong.”

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He added, “It’s because Bill Barr’s letter spelling out what the special counsel found and the principal conclusions of his report was so strong for the president, complete vindication for the president, they are now, Jerry Nadler and Adam Schiff and others are now saying ‘We got to have stuff that’s not consistent with how the rule of law works and has historically worked in this great country.’”

Source: Fox News Politics

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Russia intelligence agency sues paper over torture reports

Russia's main intelligence agency is suing a major independent newspaper for defamation over reports of torture in a Russian city.

Court filings show that a Moscow court on Tuesday accepted the FSB's lawsuit against Novaya Gazeta over two articles published earlier this year. Novaya Gazeta interviewed rights activists and the wife of a man who was reportedly tortured soon after a deadly explosion in an apartment building in the city of Magnitogorsk in the Ural mountains on New Year's Eve.

Officials blamed the explosion on a gas leak, but several media reports suggested that it may have been a targeted bombing.

Novaya Gazeta reported in January that a Kyrgyz man was detained and tortured by FSB officers who allegedly wanted him to plead guilty to arranging the bombing.

Source: Fox News World

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American Airline pilots expect to test 737 MAX software fix in Boeing simulator

FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson

March 22, 2019

By Tracy Rucinski

CHICAGO (Reuters) – American Airlines Group Inc pilots expect to test Boeing Co’s 737 MAX software fix on the U.S. manufacturer’s simulators this weekend, officials from the pilots’ union told Reuters on Thursday, a key step in restoring pilots’ confidence in the aircraft after two fatal crashes.

Boeing has been working on a software upgrade for an anti-stall system and pilot displays on its fastest-selling jetliner in the wake of the deadly Lion Air crash in Indonesia in October.

Similarities between the flight path in the Lion Air incident and a fatal Ethiopian Airlines crash on March 10 have raised fresh questions about the system, and pilots want assurances that the update is solid. The two crashes killed everyone aboard both planes, a total of 346 people.

American is the second largest U.S. operator of the MAX, behind Southwest Airlines. United Airlines is the third U.S. carrier to operate the MAX.

“This airplane can be a safe airplane, and there have been great strides on getting a fix in the works, but I’ll have a better feel after we can test it out,” said Mike Michaelis, safety committee chairman of the Allied Pilots Association, or APA, which represent American Airline pilots.

Michaelis said one APA pilot and one pilot from American’s management team would test the software fix in Renton, Washington, where Boeing builds the MAX and has two simulators.

Boeing declined to comment.

The MAX jets were grounded worldwide in the wake of the Ethiopian crash. For the aircraft to fly in the United States again, the Federal Aviation Administration must approve the planned software fix and new training, which pilots must complete.

Boeing also plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the two crashes.

As for training, Boeing has proposed new computer-based training on the software update, followed by a mandatory test.

Jon Weaks, head of Southwest Airline’s pilots’ union, told members on Wednesday that the FAA-mandated training should be enhanced.

MAX simulator training is not required, partly because not many simulators exist.

Southwest and American, which operate 34 and 24 MAX jets, respectively, have said they expect to receive MAX simulators later this year.

Canada’s CAE Inc, the main simulator producer, said it has delivered nine of the simulators, which are now in high demand by airlines but take about a year to build. CAE expects to deliver 20 more in 2019.

“For now we want to get our safety experts in these unicorn simulators to show us what the software fix does,” said Dennis Tajer, a spokesman for the American Airlines pilot union and a 737 pilot. “When it comes to safely issues, it has to be a full-course meal, nothing a la carte.”

(Reporting by Tracy Rucinski; additional reporting by Allison Lampert in Montreal and Eric M. Johnson in Seattle; editing by Leslie Adler)

Source: OANN

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On International Women’s Day, Sudan’s Bashir orders release of female detainees

FILE PHOTO: Sudan's President Omar al-Bashir delivers a speech at the Presidential Palace in Khartoum
FILE PHOTO: Sudan's President Omar al-Bashir delivers a speech at the Presidential Palace in Khartoum, Sudan February 22, 2019. REUTERS/Mohamed Nureldin Abdallah

March 8, 2019

By Khalid Abdelaziz

CAIRO (Reuters) – Sudan’s President Omar al-Bashir on International Women’s Day on Friday ordered the release of all women arrested in connection with anti-government demonstrations, hours after protesters marched in the two largest cities.

Sudan has seen near-daily protests against Bashir since Dec. 19. The demonstrations were triggered by price increases and cash shortages but developed into the most sustained challenge to Bashir since he took power in a military coup three decades ago.

During a meeting on Friday, Bashir told the head of the security and intelligence service to release all women who have been detained in connection with the protests, according to a presidency statement. Anti-government activists estimate that more than 150 women are currently in prison for participating in protests.

Earlier, hundreds of protesters chanted anti-government slogans after leaving Friday prayers at a major mosque linked to the opposition Umma party in the city of Omdurman, near Sudan’s capital, drawing tear-gas volleys from police, eyewitnesses said.

Crowds also gathered in several areas of the capital Khartoum after prayers, witnesses said. In the neighborhood of Burri, dozens chanted “the revolution is the choice of the people” and “fall, that’s it”, to send the message that their only demand is Bashir’s departure. Police later fired tear gas and chased protesters through side streets to disperse them.

Last month Bashir declared a state of emergency, dissolved the central government, replaced state governors with security officials, expanded police powers and banned unlicensed public gatherings.

That has not stopped the protesters, hundreds of whom also demonstrated on Thursday under a women’s day theme.

Since the emergency measures came into effect last month, courts have been trying protesters in evening sessions, sparking more rallies outside court buildings.

Bashir is wanted by the International Criminal Court over charges of masterminding genocide in the Darfur region, which he denies. He has been lobbying for Sudan to be removed from a list of countries Washington considers state sponsors of terrorism.

The listing has blocked the investment and financial aid that Sudan was hoping for when the United States lifted sanctions in 2017, economists say.

Sudan has been rapidly expanding its money supply in an attempt to finance its budget deficit, causing spiraling inflation and a steep decline in the value of its currency.

(Additional reporting by Hesham Hajali; Writing by Lena Masri; editing by William Maclean and Sandra Maler)

Source: OANN

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British PM Theresa May told Conservative MPs she will resign after a Brexit deal is delivered, reports say

Theresa May told a group of Conservative MPs she will stand down as British prime minister if her Brexit deal is finally passed in parliament, according to multiple reports. A date is not set.

May is understood to have told the backbench 1922 committee: "I am prepared to leave this job earlier than I intended in order to secure a smooth and orderly Brexit."

In recent days, the prime minister has faced increased calls for her to step down so that another leader can take over the next stage of Brexit negations.

This is a developing story. Check back for updates.

Source: Fox News World

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US Ambassador Slams Mayor Pete For Pushing ‘Hate Hoax’ About Mike Pence

Richard Grenell, the U.S. Ambassador to Germany, slammed Democrat presidential hopeful Pete Buttigieg’s recent attacks on Vice President Mike Pence, likening the homosexual mayor’s conduct to that of Jussie Smollett.

Grenell, who is also gay, took issue with Buttigieg’s incendiary targeting of Pence over his Christian faith and supposed anti-LGBT positions, asserting that the vice president and his wife have always treated Grenell and his partner with nothing but kindness and respect.

“Mayor Pete has been pushing this hate hoax along the lines of Jussie Smollett for a very long time now – several weeks – and I find it really ironic that Mayor Pete stayed silent about this so-called hate hoax on him and others during 2015, 2016, 2017, when Mike Pence was governor,” Grenell told Fox host Martha MacCallum. “It’s ironic that right about now when he’s starting his fundraising apparatus to run for president, he comes up with this idea and this attack.”

“One of the things that really bothers me about this attack is that Mike Pence is a friend of mine. Mike and Karen are great people, they’re Godly people, they’re followers of Christ. They don’t have hate in their heart for anyone. They know my partner, they have accepted us.”

“You asked me, do we agree philosophically on every single issue? No. I don’t agree philosophically with my hero Dietrich Bonhoeffer on everything, I don’t agree with my partner on everything,” Grenell continued. “The gay community used to be the community pushing tolerance and diversity; we were the ones that were saying everyone should be able to accept and love each other. Now suddenly there’s a whole community of people demanding we all think alike.”

Grenell also pointed out that Pence has always spoken highly of Buttigieg, including when both held public office in the state of Indiana, as governor and as mayor of South Bend, respectively.

“Let me just say one more thing – when Mayor Pete came out, the vice president complimented him and said he holds him in high regard,” Grenell said. “The vice president, or then-governor, has said nothing but positive things about Mayor Pete. I think this is a total hate hoax and I think it’s outrageous.”



Bernie Sanders appears to be okay with possible physical attacks on Kaitlin Bennett due to his rhetoric and characterization of Kaitlin and Infowars.

Dan Lyman:

Source: InfoWars

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CPAC to highlight freedom agenda: 'Socialism does not make America great'

Matt Schlapp, who will preside over next week's Conservative Political Action Conference, says Democrats in the age of Donald Trump are “going full-in on socialism, political correctness and tossing aside all our traditions” – so expect CPAC to strike a sharp contrast by focusing on freedom and America's founding principles at the annual gathering outside Washington.

“The Democrats are flirting with this idea that the principles that founded this country are actually rotten and need to be cast aside,” Schlapp said in an interview with Fox News on Thursday.

TRUMP DECLARES 'SOCIALISM IS DYING' AMID VENEZUELA 'CATASTROPHE,' PROMISES 'THIS WILL NEVER HAPPEN TO US'

The embrace of big-government policies by Democratic candidates already has become a defining feature of the 2020 presidential race, and something the Trump re-election campaign has been eager to highlight. CPAC, as it’s known, will focus in part on those policies, like the Green New Deal. The annual conference of hardcore conservatives kicks off next Wednesday at National Harbor, where Schlapp said the theme will be “What Makes America Great” – a not-so-subtle play on Trump’s campaign slogan.

'Socialism does not make America great.'

— Matt Schlapp

“As conservatives who understand the founding of the country, there are very specific principles of what make America great,” said Schlapp, the chairman of the American Conservative Union. “And the thumbnail of that is socialism does not make America great. Socialism is actually completely opposed to Americanism. And that will be explained in a variety of ways throughout CPAC.”

In fact, the program kicks off Thursday with Ohio Rep. Jim Jordan and North Carolina Rep. Mark Meadows, two outspoken GOP members of the House Freedom Caucus, discussing the surge in socialism in America with Schlapp, organizers said.

Thousands of attendees – typically including many college-aged conservatives – gather every year for the summit. Organizers are hopeful President Trump and Vice President Pence show up, as they have in prior years, though the speeches are not yet confirmed.

“I talked with the president, he obviously loves coming to CPAC. He wants to be there,” Schlapp said.

The White House is also sending Larry Kudlow, the director of the National Economic Council and former television host for an appearance Thursday. Republican National Committee Chairwoman Ronna McDaniel is being interviewed by journalist Vince Coglianese on stage that day, according to organizers.

Expect plenty of GOP lawmakers this year to talk about how to get conservative policies implemented amid divided government, Schlapp said. Among those expected include South Carolina Sen. Lindsey Graham, Utah Sen. Mike Lee, Georgia Sen. David Perdue and Tennessee Sen. Marsha Blackburn.

“The congressional majority in the Senate and the minority in the House – they’re going through a lot of changes, and we want to hear from them on how they are going tackle a Nancy Pelosi speakership,” Schlapp said.

The gathering comes amid the rise of democratic socialists like New York Rep. Alexandria Ocasio-Cortez, and 2020 Democratic presidential candidates embracing progressive causes like “Medicare-for-all.” One CPAC panel is being devoted to discussing the Green New Deal, the radical environmental plan pushed by Ocasio-Cortez.

A panel on “what makes America great” will include Sen. Mike Lee of Utah, former Trump White House official K. T. McFarland, conservative author Deneen Borelli, pro-life activist Marjorie Dannenfelser and NRA president Oliver North, as well as a panel on conservative social media activity, organizers said.

Dan Schneider, the executive director of the American Conservative Union, which organizes CPAC, said it’s an important time for conservatives to make a pro-freedom argument.

LIFESTYLES OF THE RICH AND SOCIALIST: BERNIE SANDERS HAS 3 HOUSES, MAKES MILLIONS

“We’re going to highlight the positive aspects of different movements toward freedom, as well as warn people about how there could be a wrong directional shift in some quarters,” Schneider said. “Obviously, we’re optimistic about what we see in Venezuela, and in some European countries that are retaking their liberty…There are good stories to tell, but there are danger signs as well.”

Among topics of interest to conservatives, Schlapp expects speakers to take aim at Special Counsel Robert Mueller’s probe. Florida Rep. Matt Gaetz, writer Andrew McCarthy and reporter Chuck Ross are scheduled to discuss Mueller’s investigation during a Saturday panel on judges and prosecutors.

“The Mueller probe gets right to this question about why America is unique,” Schlapp said. “Because the individual has very specific rights. And what conservatives fear with special counsels is those rights get trampled on. And I fear that’s what we’re seeing with the Mueller probe.”

The summit also comes amid outrage from conservatives over proposed abortion laws in states like Virginia. He said speakers will address “what the radical abortion movement is all about today.”

“We’re in barbarous times, and we’ll talking about that on the main stage at CPAC,” Schlapp said.

Also during the summit, Dore Gold, a former Israeli diplomat, will present a history of Israel and several conservative commentators will debate the proper approach to Syria. Conservative commentators Michelle Malkin, Mark Levin, Dennis Prager and the “Diamond and Silk” duo are expected to address attendees, as is Nigel Farage, the leader of the UK Independence Party.

As is tradition, the gathering will include a straw poll, which will ask people to assess the president’s performance. It will also poll the 2020 Republican primary, including possible GOP challengers to Trump. It will ask attendees who they think Democrats will nominate in the presidential race. And a new question this year asks attendees to rate the honesty of several specific media figures, organizers said.

Source: Fox News Politics

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Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

Source: OANN

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2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

Source: OANN

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FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

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Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

Source: OANN

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

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