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Insurers expect France to bear Notre-Dame rebuilding cost

Firefighters work at Notre-Dame Cathedral after a massive fire devastated large parts of the gothic gem in Paris
Firefighters work at Notre-Dame Cathedral after a massive fire devastated large parts of the gothic gem in Paris, France April 16, 2019. REUTERS/Yves Herman

April 16, 2019

By Noor Zainab Hussain and Paul Arnold

(Reuters) – Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire tore through the eight-centuries-old Paris landmark on Monday.

The cost of a likely multi-year restoration project could itself take a year to become clear, industry experts said.

“It is really going to be up to the French state and benefactors to help to restore and rebuild this,” Robert Read, head of art and private client at Lloyd’s of London insurer Hiscox told Reuters, adding it could take up to 20 years to restore the cathedral.

“The scaffolding costs are going to be enormous, actually securing the building is going to be enormous. The cost of renovating the (British) Parliament is a similar sort of number,” Read said.

The cost of repairs and upgrades to the neo-Gothic fronted parliament building on the banks of the River Thames has been estimated at up to $8 billion.

French President Emmanuel Macron has said France would launch a fundraising campaign to rebuild Notre-Dame, which ranks among the finest examples of French Gothic cathedral architecture.

Several of France’s business elite have already pledged money to help, including a 200 million euros ($226 million)donation from Bernard Arnault and 100 million from Francois Pinault, heads of luxury goods groups LVMH and Kering respectively.

“Rebuilding would be very tricky as some of the craft required to rebuild, the stone-masonry craft would probably have to be relearnt,” Hiscox’s Read said.

Reinsurer Swiss Re said works of art in buildings such as the cathedral are generally not insured because they are often priceless. Any art works on loan from third parties would, however, be insured, Read added.

While some of the large paintings at Notre-Dame could not be taken down in time, the mayor of Paris, Anne Hidalgo, said at the scene of the fire that a number of the many artworks in the cathedral had been rescued and were being put in safe storage.

Notre-Dame was in the midst of renovations and industry sources said the contractor would have its own liability policy.

“Typically that would be for tens of millions of euros. But effectively that is going to be a drop in the ocean compared to what the actual cost of restoring the cathedral is,” Read said.

“If they are deemed to be liable they would be carrying some cover, but it’s not unlimited and it’s definitely not going to be enough to rebuild the Cathedral.”

(This story has been refiled to fix incorrect reference to “stone-masonry” craft in paragraph eight.)

(Reporting by Noor Zainab Hussain in Bengaluru and Paul Arnold in Zurich; Additional reporting by Inti Landauro in Paris; Editing by David Holmes)

Source: OANN

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Daily Mail owner’s plan to return Euromoney stake to investors approved

A clock face is seen outside of the London offices of the Daily Mail newspaper in London, Britain
FILE PHOTO: A clock face is seen outside of the London offices of the Daily Mail newspaper in London, Britain, April 28, 2018. REUTERS/Toby Melville

March 26, 2019

(Reuters) – Britain’s Daily Mail newspaper owner said on Tuesday its investors had approved plans to return all of its shares in Euromoney Institutional Investor and 200 million pounds ($264.42 million) cash to eligible shareholders.

Daily Mail and General Trust (DMGT) holds more than 49 percent of Euromoney, a business-to-business information provider, and is its largest shareholder and founding investor.

DMGT said 95.02 votes cast at a meeting were in favor of the resolution, which will result in almost 900 million pounds of assets being returned to shareholders.

Separately, Euromoney said the distribution is expected to take place on April 2, on which day the existing relationship deed between DMGT and Euromoney will terminate and DMGT’s representative directors will step down from Euromoney’s board.

“Euromoney has benefited from DMGT’s considerable support as a shareholder for 50 years … Euromoney is well placed to prosper further as a fully independent business. Our Board is now fully independent,” Euromoney Chairman Leslie Van de Walle said.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Shinjini Ganguli)

Source: OANN

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Finland tops global happiness index for 2nd consecutive year

Finland has topped an index of the happiest nations for the second consecutive year, with researchers saying the small Nordic country has succeeded in generating a happiness recipe not simply dependent on economic wealth.

The World Happiness Report, produced by the U.N Sustainable Development Solutions Network, ranks 156 countries by how happy their citizens see themselves to be. It's based on factors including economic wealth, life expectancy, social support and freedom to make life choices.

The index, published Wednesday, showed the other Nordic countries did well, with Denmark, Norway and Iceland taking the next spots.

The United States dropped from the 18th to 19th place.

Happiness has declined the most drastically in the past ten years in the 108th placed Venezuela, currently in political crisis.

Source: Fox News World

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Israeli spacecraft crashes onto moon after technical failures

An image taken by Israel spacecraft, Beresheet, upon its landing on the moon, obtained by Reuters from Space IL
An image taken by Israel spacecraft, Beresheet, upon its landing on the moon, obtained by Reuters from Space IL on April 11, 2019. Courtesy Space IL/Handout via REUTERS

April 11, 2019

By Ari Rabinovitch

YEHUD, Israel (Reuters) – The Israeli spacecraft Beresheet crashed onto the moon on Thursday after a series of technical failures during its final descent, shattering hopes of a historic controlled landing on the lunar surface.

The unmanned robotic lander suffered periodic engine and communications failures during the 21 minutes or so of the landing sequence, the support team said.

Beresheet, whose name is Hebrew for the biblical phrase “In the beginning”, had traveled through space for seven weeks in a series of expanding orbits around Earth before crossing into the moon’s gravity last week.

The final maneuver on Wednesday brought it into a tight elliptical orbit around the moon, 15-17 km (9-10.5 miles) from the surface at its closest. From there it was a short, nail-biting and ultimately disappointing conclusion.

So far, only three nations have succeeded in carrying out a “soft” landing on the lunar surface: the United States, the Soviet Union and China.

(Editing by Frances Kerry and Kevin Liffey)

Source: OANN

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NBA roundup: Bledsoe leads Bucks past Rockets

NBA: Houston Rockets at Milwaukee Bucks
Mar 26, 2019; Milwaukee, WI, USA; Milwaukee Bucks guard Eric Bledsoe (6) grabs a rebound between Houston Rockets center Clint Capela (15) and guard James Harden (13) during the second quarter at Fiserv Forum. Mandatory Credit: Jeff Hanisch-USA TODAY Sports

March 27, 2019

Eric Bledsoe stole the spotlight from the MVP front-runners, and the Milwaukee Bucks coasted to a 108-94 victory over the visiting Houston Rockets on Tuesday.

Bledsoe paired 23 points with seven assists and was the catalyst during a third-quarter run that enabled the Bucks to seize control. He scored 16 consecutive points for Milwaukee during one stretch, sinking four 3-pointers, as the Bucks extended a five-point lead into a 79-65 advantage.

Rockets guard James Harden and Bucks forward Giannis Antetokounmpo were relatively quiet. Harden posted 23 points, 10 rebounds and seven assists but shot 1 of 9 from 3-point range. Antetokounmpo tallied 19 points and 14 rebounds with five turnovers.

Harden, Eric Gordon and P.J. Tucker shot a combined 2 of 22 from beyond the 3-point arc for Houston.

Celtics 116, Cavaliers 106

Al Horford broke a fourth-quarter tie with a layup and capped a 14-4 run with an alley-oop slam, helping visiting Boston brush aside Cleveland.

The win, paired with a later loss by the Detroit Pistons, allowed the Celtics to clinch a playoff berth for the fifth year in a row. Horford finished with 19 points and a team-high eight rebounds for Boston, which snapped a four-game losing streak.

With the Celtics giving Kyrie Irving a night off, Jayson Tatum and Marcus Smart shared team-high scoring honors with 21 points apiece. Collin Sexton had a game-high 24 points for the Cavaliers.

Clippers 122, Timberwolves 111

Danilo Gallinari scored 25 points, and Lou Williams added 20 as visiting Los Angeles officially clinched a playoff spot and increased its winning streak to six games by topping Minnesota in Minneapolis.

Montrezl Harrell scored 18 points for the Clippers. The lone downside for Los Angeles was that by clinching a postseason berth, the Clippers must give their 2019 first-round draft pick to the Boston Celtics to complete the Jeff Green trade of February 2016.

Karl-Anthony Towns scored 24 points with 13 rebounds as the Timberwolves lost for the sixth time in their past seven games.

Hornets 125, Spurs 116 (OT)

Kemba Walker had 38 points, 11 assists and nine rebounds and was brilliant in overtime, and Charlotte remained red hot with a victory over visiting San Antonio.

Walker scored 11 of his points in overtime, including the Hornets’ first seven of the extra session, as Charlotte outscored the Spurs 19-10. The Hornets, who also got a career-high 24 points from Dwayne Bacon, claimed their fourth consecutive win, which is a first this season.

DeMar DeRozan led the Spurs with 30 points and grabbed eight rebounds. LaMarcus Aldridge had 20 points and 15 rebounds, and Marco Belinelli scored 17 and pulled down 10 boards.

Magic 104, Heat 99

Nikola Vucevic scored 18 of his team-high 24 points in the second half as Orlando defeated host Miami in a key contest. Both teams are battling for the eighth and final playoff berth in the Eastern Conference, and the Magic vaulted over the Heat by a half-game in the standings.

Vucevic also added a game-high 16 rebounds and five assists, leading Orlando to its sixth straight win.

Miami, 10-5 in its past 15 games, was led by Dion Waiters, who scored a game-high 26 points. Reserve Dwyane Wade scored 22 points, including 18 in the second half.

Nuggets 95, Pistons 92

Jamal Murray scored 33 points, and host Denver built a 27-point halftime lead, then withstood a furious Detroit rally to claim a victory.

Nikola Jokic had 23 points and 15 rebounds for the Nuggets, who were outscored 53-29 in the second half.

The Pistons’ Blake Griffin had 29 points, 15 rebounds and five assists but missed a potential tying 3-pointer in the closing seconds. Reggie Jackson added 17 points, and Andre Drummond contributed 13 points and 17 rebounds.

Raptors 112, Bulls 103

Norman Powell had 20 points off the bench, and Serge Ibaka added 16 points and eight rebounds to help Toronto defeat visiting Chicago. The victory salvaged the final game of a three-game homestand after the Raptors had lost the first two.

Kawhi Leonard and Kyle Lowry each added 14 points for the Raptors while Pascal Siakam had 13. OG Anunoby had 10 points for Toronto before he groggily left the court with assistance with 4:10 to play in the game after a collision.

Wayne Selden scored 20 points for the Bulls, and Shaquille Harrison added 15. Chicago has lost two in a row after winning the previous two games.

Hawks 130, Pelicans 120

Rookie Trae Young had 33 points and 12 assists as visiting Atlanta defeated New Orleans.

The Hawks earned their third consecutive victory to tie their longest winning streak of the season. DeAndre’ Bembry and Dewayne Dedmon added 18 points each for Atlanta.

Julius Randle scored 24 to lead the Pelicans, who lost for the ninth time in 10 games. Christian Wood, playing in his second game since being claimed off waivers, had a career-high 23 points. New Orleans’ Frank Jackson scored 20 before leaving the game after sustaining a concussion.

Lakers 124, Wizards 106

Kentavious Caldwell-Pope shot 6-for-12 from 3-point distance and scored 29 points to help Los Angeles defeat visiting Washington. The Lakers won two in a row for the first time since mid-January.

LeBron James had 23 points and 14 assists, and JaVale McGee contributed 20 points, 15 rebounds and four blocks for the Lakers.

Bradley Beal scored 32 points for the Wizards, who lost their fifth straight game to match their longest streak of the season.

Kings 125, Mavericks 121

De’Aaron Fox scored 10 of Sacramento’s final 15 points in the last 2:27 as the visitors earned a victory at Dallas.

Fox finished with 23 points, eight assists and five rebounds. Buddy Hield had 17 points, going just 4 of 13 from the floor, but he hit a 3-pointer from the wing with 1:07 to go to retake the lead for the Kings, 119-116.

Rookie Luka Doncic led Dallas with 28 points and his seventh triple-double of the season. He wound up with 12 assists and 12 boards. His night could have been spectacular if not for missing all nine of his 3-point attempts.

–Field Level Media

Source: OANN

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Stop Brexit: 700,000 sign UK petition to stay in EU

An anti-Brexit protester waves an EU flag outside the Houses of Parliament in London
An anti-Brexit protester waves an EU flag outside the Houses of Parliament in London, Britain March 20, 2019. REUTERS/Hannah McKay

March 21, 2019

LONDON (Reuters) – More than 700,000 people have rushed to sign a petition on the British parliament’s website calling for the government to revoke its divorce notice to the European Union and remain in the bloc.

Attracting thousands of signatures every few minutes, the petition took off in the hours after Prime Minister Theresa May made a televised address to the country late on Tuesday, criticizing squabbling lawmakers for failing to agree an exit strategy and telling parliament to make a final choice.

“It is high time we made a decision,” May said, telling Britons: “I am on your side.”

EU leaders will tell May on Thursday she can have two months to organize an orderly Brexit but Britain could face a disruptive ejection from the bloc next Friday if she fails to win backing from parliament.

More than 17 million Britons voted in favor of leaving the EU in a 2016 referendum while 16 million voted to remain, with May serving notice of the UK’s intent to leave under Article 50 of the EU’s Lisbon Treaty the following year.

The “Revoke Article 50 and remain in the EU” petition on the parliament website had attracted 706,096 signatures by 1048 GMT, backed by support on social media, although the site appeared to be regularly crashing due to the large numbers trying to sign.

“The government repeatedly claims exiting the EU is ‘the will of the people’. We need to put a stop to this claim by proving the strength of public support now, for remaining in the EU,” the petition said.

Parliament must consider holding a debate on all petitions that gain more than 100,000 signatures.

Supporters wrote on Twitter that the petition showed the strength of feeling against May’s strategy while backers of Brexit said it needed to attract more signatures than the 17.4 million people who voted to leave the EU three years ago before anyone should take any notice.

More than 1.8 million people signed a petition calling for U.S. President Donald Trump to be prevented from making a state visit to Britain, leading to a debate in parliament in 2017.

More than 4 million people signed another petition in 2016 which called for another EU referendum in the event that neither the remain or leave camps achieved 60 percent of the vote.

(Reporting by Michael Holden; Editing by Giles Elgood)

Source: OANN

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The 10 Best Cities to Live in America Are . . .

Which cities in America are the best to live in? It is an age-old debate and in an effort to settle it, for 2019 at least, U.S. News & World Report has just released its annual list of the best places to live in America.

In order to establish the winners, the survey analyzed the 125 most populous metropolitan areas in the country. To make the top of the list, each city had to have good value, be a desirable place to live, have a strong job market, and a high quality of life. Additional factors such as median household income, crime rates, and the overall availability to healthcare were also taken into account then compared to results from a poll that asked 2,500 people from across the country where they would ultimately prefer to live, Today noted.

Topping the list for the third time in a row was Austin, Texas, which also ranked as one of the top cities to retire in. Denver and Colorado Springs ranked second and third respectively, followed by Fayetteville, Arkansas, and Des Moines, Iowa, rounding out the top five.

"Our Northeastern cities, which are epicenters of higher education and economic development, are not growing nearly as much as places in Florida, California, and Texas," said Devon Thorsby, real estate editor for U.S. News & World Report, according to Today. "Plus, they are expensive to live in. Top-ranked places have the characteristics people are looking for, including steady job growth, affordability, and a high quality of life."

On the opposite end of the scale, San Juan, Puerto Rico, ranked at the bottom of the list along with Bakersfield, Stockton, Modesto, and several California cities.

Here are the top 10 best cities to live in America, according to U.S. News & World Report:

  1. Austin, Texas
  2. Denver, Colorado
  3. Colorado Springs, Colorado
  4. Fayetteville, Arkansas
  5. Des Moines, Iowa
  6. Minneapolis-St. Paul, Minnesota
  7. San Francisco, California
  8. Portland, Oregon
  9. Seattle, Washington
  10. Raleigh & Durham, North Carolina

Source: NewsMax America

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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A Malaysian mountain climber was being treated in a hospital in Nepal’s capital Friday after being stranded nearly two days alone near the summit of Annapurna.

A helicopter crew searching for the missing climber on Thursday spotted Wui Kin Chin waving his hands at them, and rescuers brought him down to a lower camp.

At the time of his rescue, Chin had been without an oxygen bottle, food and water for over 40 hours, said Mingma Sherpa, the head of Seven Summit Treks, which arranged his expedition.

Chin was flown to the capital, Kathmandu, on Friday and taken to a hospital, where his wife joined him.

Chin is an anesthesiologist and accomplished climber, and Sherpa credited Chin’s medical knowledge and familiarity with mountains for keeping him alive.

“It’s a big thing to stay alive in that altitude without food, water, and oxygen,” Sherpa said. He described Chin on Thursday as fine but not in condition to walk.

Chin was a part of a 13-member expedition led by a French climber and was separated from the others during the descent.

The 8,091-meter (26,545-foot) Mount Annapurna is the ninth tallest mountain in Nepal and the 10th tallest in the world. It’s considered an especially treacherous mountain due to its difficult terrain and weather conditions.

Source: Fox News World

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Spain’s prime minister says he’s open to a coalition with an anti-austerity party, hinting for the first time at a possible center-left governing alliance after Sunday’s national election.

In an interview published Friday by El Pais newspaper, Socialist leader Pedro Sánchez says “it isn’t a problem” for the far-left United We Can to become part of his Cabinet if he wins the tight race.

With Spain’s electoral law banning polls during the last week of campaigning, it’s unclear if the two parties will emerge strong enough in the lower house of parliament or whether a right-wing alliance could assemble a majority.

Sánchez is calling on Spaniards to cast a “useful vote” and has warned that the rise of the far right in polls could be underestimated given the large pool of undecided voters.

Source: Fox News World

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FILE PHOTO: KPN logo is seen at its headquarters in Rotterdam
FILE PHOTO: KPN logo is seen at its headquarters in Rotterdam, Netherlands, January 30, 2019. REUTERS/Piroschka van de Wouw

April 26, 2019

By Bart H. Meijer and Toby Sterling

AMSTERDAM (Reuters) – Dutch telecom firm Royal KPN NV said on Friday it would select a Western supplier to build its core 5G mobile network, making it one of the first European operators to make clear it would not pick China’s Huawei for such work.

The United States has been seeking to discourage its allies from using equipment made by Huawei because of concerns that it could eventually be used for Chinese government spying. Huawei says such worries are baseless and U.S. policy is driven by economic interests.

The Hague-based KPN, the Netherlands’ largest telecom firm, said its decision took into account “the evolving assessment on the protection of vital infrastructure and the influence this may have on future Dutch policy.”

The Dutch government has not taken a decision on the issue.

KPN, which also reported on Friday slightly worse than expected first quarter core earnings of 563 million euros ($627 million), said it would still use equipment made by Huawei in some capacities.

In addition, the company announced a preliminary deal with Huawei to upgrade existing mobile telecommunications gear to make it safer. Huawei has been a key supplier to KPN in the past decade.

The Dutch government set up a task force with KPN and other major operators in the Netherlands this month to analyze the “vulnerability of 5G telecommunications networks to misuse by technology vendors … and measures needed to manage risks.”

KPN said it would use equipment made by Huawei, which it described as a world leader in radio and antenna technology, to improve security on its existing network.

“This preliminary agreement can be adjusted or reversed to align it with future Dutch government policy,” it added.

Sources told Reuters on Wednesday that Britain’s National Security Council (NSC) had decided to bar Huawei from core parts of the country’s 5G network and restrict its access to non-core areas.

(Reporting by Bart Meijer; Editing by Kirsten Donovan and Edmund Blair)

Source: OANN

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