Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am


Upcoming shows
Real News

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Former Virginia Governor McAuliffe decides to not enter 2020 presidential race

FILE PHOTO: Terry McAuliffe speaks at NABTU legislative conference in Washington
FILE PHOTO: Former Virginia governor Terry McAuliffe speaks at the North America's Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 10, 2019. REUTERS/Yuri Gripas/File Photo

April 18, 2019

By James Oliphant

Former Virginia Governor Terry McAuliffe, who has deep ties to Democratic icons Bill and Hillary Clinton, said on Wednesday he would not seek his party’s 2020 U.S. presidential nomination.

“I have listened to Virginians and I’m going to help Virginians for the next six months,” McAuliffe said in an interview with CNN, adding that he would help coordinate campaigns of Democratic candidates running for office in the state.

McAuliffe had not been a factor in early public opinion polls for the 2020 race, which features the largest Democratic field in the modern political era, vying to challenge Republican President Donald Trump.

Prior to serving his one term as governor, McAuliffe, 62, was largely viewed as a party kingpin and fund-raising dynamo who ran the Democratic National Committee in the early 2000s.

In 2008, McAuliffe chaired Hillary Clinton’s unsuccessful bid for the Democratic presidential nomination, when she lost to Barack Obama in the party primary.

While McAuliffe never held a White House position during Bill Clinton’s two terms as president, he was a close confidant of Clinton.

Former Vice President Joe Biden, who is not a candidate yet, and Senator Bernie Sanders lead among the nearly 20 declared candidates and possible contenders for the Democratic presidential nomination, according to RealClearPolitics national polling averages.

(Reporting by James Oliphant and Mohammad Zargham; Editing by Leslie Adler)

Source: OANN

0 0

The Average Time Until A Great Civilization Collapses Is 336 Years, And The U.S. Is Now 242 Years Old

Every great civilization throughout human history has eventually collapsed, and if we want to have any hope of escaping the same fate, we need to be willing to learn some lessons from the past. 

Because many of the same factors that caused the collapse of previous civilizations are weighing very heavily on the United States of America today.  According to the BBC, the average lifespan of a great civilization is 336 years from beginning to end.  But that doesn’t mean that America will make it that long.  Our nation is currently 242 years old, and there are signs of advanced social decay all around us.  If we remain on the road that we are currently on, there are many that believe that complete and utter collapse is not too far away.

Ultimately, what does a “society” consist of?

According to Luke Kemp of the University of Cambridge, societies are “just complex systems composed of people and technology”…

Societies of the past and present are just complex systems composed of people and technology. The theory of “normal accidents” suggests that complex technological systems regularly give way to failure. So collapse may be a normal phenomenon for civilisations, regardless of their size and stage.

We may be more technologically advanced now. But this gives little ground to believe that we are immune to the threats that undid our ancestors. Our newfound technological abilities even bring new, unprecedented challenges to the mix.

It is not easy to keep an extremely complex society running, and there have been so many factors that have played a role in collapsing previous civilizations.  War, natural disasters, environmental shifts, social degradation, economic problems and disease are just a few examples.


A new report on travel and credit score in China reveals the extent of tyranny on the Chinese people in 2018. Paul Joseph Watson discusses the future for the west if we surrender to Big Brother.

And as Kemp has pointed out, sometimes societies simply collapse “under the weight of their own accumulated complexity and bureaucracy”

Collapse expert and historian Joseph Tainter has proposed that societies eventually collapse under the weight of their own accumulated complexity and bureaucracy. Societies are problem-solving collectives that grow in complexity in order to overcome new issues. However, the returns from complexity eventually reach a point of diminishing returns. After this point, collapse will eventually ensue.

Even if America wasn’t deteriorating in so many other areas, would our nation eventually collapse under the weight of our own bureaucracy as well?  We have the biggest government in the history of the world, and when you total up all levels of government we literally have millions of laws, rules and regulations governing our lives today.  It is a horrible system, and it is definitely not what our founders intended.  To me, it makes sense that someday it could ultimately collapse as people simply stop believing in it.

In order for a civilization to function smoothly, there must be something that bonds it together.  When the United States was originally established, we were united by a common set of values, but that is no longer true.

Today, America is more divided than it has been in my entire lifetime, and one of the biggest reasons is because there is no agreement about what our values should be.

Personally, I am a strong advocate for returning to the values that our nation was founded upon, and Mac Slavo echoed this sentiment in one of his recent articles

We now have the unique advantage of being able to learn from the wreckages of societies past, but instead of doing so and freeing mankind from government, many who are enslaved continue to push for shorter chains, more violence, control, domination, and theft by the ruling class – not just of themselves, but of all others too. Collapse is imminent in our opinion, as those in control will not willingly give up their stranglehold over the tax cattle slaves.

Unfortunately, many in our society want us to go in the exact opposite direction.

As a result, the fabric of our society is literally coming apart at the seams, and this is something that Jim Quinn commented on in one of his recent articles

Our society is now infinitely more materialistic, narcissistic, and greedy than it was in the 1950s. Moral degeneration has reached new lows, unthinkable during the relatively innocent 1950s. But the common theme is human failings, foibles, and fallacies. Whatever a culture values you get more of. Our culture values achievement, wealth and power, at any cost.

To illustrate his point, Quinn lamented the growing power that “social media influencers” now have in our society

Rather than make up our own minds about what we like, what we wear, where we eat, or what entertainment we enjoy, we need to be influenced into our decisions by famous people who are famous for being famous. These “influencers” generate their influential power through the number of social media followers they have accumulated by posting pictures of themselves in their underwear, leaked sex tapes, nude selfies, or generally being attractive.

Most of them are low IQ mouth breathers who can’t do basic math or write a comprehensible paragraph. But those 36DD breasts and pouty lips classify them as a grade A influencer. I can’t decide whether these narcissistic icons are more pathetic or the feeble-minded wretches who are actually influenced by these vacuous bimbos. Moral degeneration of society seems to have reached a new low.

We truly are becoming a real-life version of “Idiocracy”, and it is getting worse with each passing day.

But I can think of no better example of the decline of our society than Jussie Smollett.

Here is a guy that seemingly had everything.  He was on a hit show, he had lots of money and he had hordes of devoted fans that loved him.

But he threw it all away because he believed that he was entitled to more, and he was willing to do anything to get it.

Apparently he was not happy that he was making just $65,000 an episode, and so he created one of the most despicable hoaxes in American history in a desperate attempt to get his salary raised.

Piers Morgan has described him as “the most hideous, reprehensible, disgusting, snivelling little liar in America”, and I think that is about right.

But you know what?

He represents the true state of our society better than anyone else that I know.  Just like Smollett, we continue to insist that we are “the good guys”, but in reality our nation has become a cesspool of just about every sort of evil that you can possibly imagine.

If we will change our ways and return to the values that the first Americans embraced, we could turn things around.

But if we continue doing the things that we are currently doing, collapse is inevitable.

And it can happen very quickly.  In 390 AD, the Roman Empire covered nearly 2 million square miles and it seemed unstoppable.

But by 476 AD it was gone.

As many have said, if we do not learn from history we are doomed to repeat it.

Please wake up America.

Source: InfoWars

0 0

Pennsylvania lawmaker defends controversial prayer

Pennsylvania State Rep. Stephanie Borowicz spoke on “The Todd Starnes Show” about why she decided to deliver the prayer to Jesus that caused a controversy at the statehouse.

She said she was overcome with her surroundings: “It was so neat, is that you can see the Scripture as you stand up there, and pray, that we all know the truth, and the truth shall set you free. It's right there, and then there's Deuteronomy, is right behind you.”

She added: “By William Penn and not in General Assembly Hall and there's over I think he said 60 Bible verse references in the Pennsylvania Capitol, and even thinking about it makes me teary-eyed and we're losing those things.”

She concluded: “And that's why you know that's the way I guess Scott there and I was able to just pray a prayer that you know Benjamin Franklin maybe prayed in that State Capitol.”

Her decision to open a voting session with the prayer, including "at the name of Jesus every knee will bow,” caused much hullabaloo.

Borowicz, a Republican and associate pastor’s wife who was elected to represent a rural central Pennsylvania district in November, also thanked President Trump during the Monday invocation for standing behind Israel.

Borowicz defended her Monday remarks, saying, “I pray every day. I prayed.”

Her floor remarks drew a rebuke from Democratic Leader Frank Dermody of Allegheny County, who called the invocation “beneath the dignity of this House” and asked that a group be set up to review the procedure.

CLICK TO GET THE FOX NEWS APP

Democratic Gov. Tom Wolf said Tuesday he was “horrified” by Borowicz’s invocation. "I grew up in Pennsylvania. Pennsylvania was founded by William Penn on the basis of freedom of conscience. I have a strong spiritual sense. This is not a reflection of the religion I grew up in,” said Wolf, a Methodist.

The Associated Press contributed to this report.

Source: Fox News Politics

0 0

Officials: Matches or lighter suspected in deadly Ohio fire

Fire officials suspect the careless use of a lighter or matches on a mattress at an Ohio home caused the fire that killed five children in December.

A Youngstown fire investigator at a news conference Thursday said the children's mother, America Negron, was smoking while lying on a mattress on the living room floor watching television. Investigator Kurt Wright says the fire has been ruled accidental with the cause undetermined.

Negron escaped by jumping from a second-floor window and was hospitalized with critical injuries.

The bodies of three children, ages 9, 3 and 2, were found on the second-floor of the home. The bodies of 1-year-old twins were found on the first floor.

Negron told WKBN-TV last week it feels like she's living "in hell" without her children.

Source: Fox News National

0 0

US construction spending up strong 1 percent in January

U.S. construction spending rose a solid 1 percent in February, led by a strong gain in spending on government projects, which hit an all-time high.

The Commerce Department says the February increase followed an even larger 2.5 percent gain in January and a slight 0.2 percent rise in December. The gains pushed total construction to a seasonally adjusted annual rate of $1.32 trillion, the highest level since May.

Residential construction was up 0.7 percent. Government construction jumped 3.8 percent to $303 billion, the highest level on record.

Weakness in home building has been a drag on overall growth, but analysts believe housing construction should rebound this year, helped by lower mortgage rates following the signal by the Federal Reserve that it plans to hold rates steady this year.

Source: Fox News National

0 0

Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake

FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo

March 26, 2019

By Naomi Tajitsu

TOKYO (Reuters) – A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman.

The independent panel will announce the results of its three-month audit of Nissan’s governance-related procedures, as the company seeks to draw a line under a near two-decade-long period during which Ghosn wielded outsized influence in his dual roles as its chairman and CEO for much of that time.

To decentralize the power structure at Japan’s second-largest automaker, the seven-member committee will likely also suggest that the company establish committees for board member nominations, auditing and for determining executive pay, according to a person familiar with the matter.

It may also recommend splitting the positions of company chairman, a role held by veteran top executives, and chairman of the board, who presides over board meetings, and that the latter position should be held by an external director.

The committee was not immediately reachable for comment, but has previously declined to comment on the matter. It will hold a briefing on Wednesday evening to release the recommendations.

Like executives at many Japanese companies, Ghosn held both chairmanship positions at Nissan, adding to his influence at the automaker.

Nissan has said that too much power had been concentrated on Ghosn, one of the most feted executives in the global auto industry who orchestrated Nissan’s financial recovery in the early 2000s and created the blueprint for the automaking alliance between Nissan and France’s Renault SA.

At the time of his arrest in Tokyo in November on financial misconduct allegations, Ghosn held the chairmanship at Nissan, Renault and Mitsubishi Motors Corp, which together form one of the world’s biggest automakers, while also serving as Renault CEO.

Ghosn is facing charges related to under-reporting his Nissan salary by around $82 million over nearly a decade, and for temporarily shifting personal financial losses onto Nissan’s books during the global financial crisis.

He denies the charges and has argued that his arrest and ouster from Nissan were orchestrated by executives at the company who were opposed to his plans for closer ties with Renault.

REBALANCED ALLIANCE

Nissan, Renault and Mitsubishi Motors are retooling their partnership to create a more equal footing between them. Bound by complex cross-shareholdings, the three companies aim to leverage their combined scale to reduce costs for development, procurement and production.

Earlier this month, the three automakers announced they would create an operating board headed by top executives from each of the companies which would oversee the partnership’s operations and governance – a role largely held by Ghosn alone in the past.

The newly appointed chairman of Renault, Jean-Dominique Senard, will serve as head of the alliance but – in a critical sign of the rebalancing – not as company chairman of Nissan, a position which could be left vacant for now, according to people with knowledge of the issue.

Nissan is considering asking ex-Toray Industries chief and Japan Inc heavyweight Sadayuki Sakakibara, who served on the reform committee, to take on the role of chairman of the board at the automaker.

(Reporting by Naomi Tajitsu; Editing by Muralikumar Anantharaman)

Source: OANN

0 0

Mississippi Gov. Bryant signs 'heartbeat bill,' enacting one of strictest abortion laws in nation

Mississippi Republican Gov. Phil Bryant signed one of the strictest abortion laws in the nation on Thursday, outlawing most procedures once a fetal heartbeat can be detected.

The law would make it illegal for a woman to have an abortion after approximately six weeks of pregnancy.

'HEARTBEAT' BILLS GAINING MOMENTUM IN SEVERAL STATES, INCLUDING KENTUCKY AND MISSISSIPPI

The Center for Reproductive Rights called the bill “blatantly unconstitutional,” and has threatened to sue the state to block the law from going into effect on July 1.

“The term ‘heartbeat bill’ is a manipulative misnomer. These bills actually rob women of their choice to have an #abortion before they even know they’re pregnant,” the group tweeted this week.

“We will all answer to the good Lord one day. I will say in this instance, ‘I fought for the lives of innocent babies, even under the threat of legal action,” Bryant responded.

Mississippi is just the latest in a growing list of Republican-led states considering similar actions this year.

ABORTION SURVIVORS ON NEW LATE-TERM ABORTION BILLS: 'WHERE WERE MY RIGHTS IN THE WOMB?' 

The Ohio legislature proposed a similar measure during former Gov. John Kasich’s term. Kasich vetoed the proposal, but the new Republican Gov. Mike DeWine, has indicated he will support the bill. The measure passed the Ohio Senate last week.

Kentucky passed a similar bill last month, and Iowa Gov. Kim Reynolds, last spring, signed a 'heartbeat' bill into law.

Meanwhile, states like New York, Virginia, New Mexico, Massachusetts, Rhode Island and Washington have either passed new laws expanding abortion access, or are moving toward stripping old laws from the books that limit abortions.

In New York, non-doctors are now allowed to conduct abortions and the procedure can be done until the mother's due date if the woman's health is endangered or if the fetus is not viable. The previous law only allowed abortions after 24 weeks of pregnancy if a woman's life was at risk.

The Associated Press contributed to this report. 

Source: Fox News Politics

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



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

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

DNA Force Plus

Limited Advanced Release

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

Source: InfoWars

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist