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Pompeo calls on oil industry to support U.S. foreign policy agenda

U.S. Secretary of State Mike Pompeo speaks to the media at the Department of Foreign Affairs in Pasay City
U.S. Secretary of State Mike Pompeo speaks to the media at the Department of Foreign Affairs in Pasay City, Metro Manila, Philippines, March 1, 2019. REUTERS/Eloisa Lopez

March 12, 2019

HOUSTON (Reuters) – U.S. Secretary of State Mike Pompeo urged the oil industry on Tuesday to work with the Trump administration to promote U.S. foreign policy interests, especially in Asia and in Europe, and to punish what he called “bad actors” on the world stage.

Addressing top executives of the world’s largest energy companies and oil ministers in Houston, Pompeo said in prepared remarks that America’s newfound shale oil and natural gas abundance would “strengthen our hand in foreign policy.”

The United States has imposed harsh sanctions in the past several months on two major world oil producers, Venezuela and Iran.

Pompeo said Washington would use all its economic tools to help deal with the situation in Venezuela, which is mired in a years-long economic crisis and where socialist President Nicolas Maduro is maintaining power despite being disavowed by the United States and about 50 other countries.

Washington reimposed oil sanctions on Iran last year, sharply reducing its volume of crude exports in the past several months in an effort to curb Tehran’s nuclear, missile and regional activities. “We’re committed to bringing Iranian crude oil exports to zero as quickly as market conditions will permit,” he said.

“We need to roll up our sleeves and compete – by facilitating investment, encouraging partners to buy from us, and by punishing bad actors,” Pompeo said in his prepared remarks.

Pompeo said the U.S. oil-and-gas export boom had given the United States the ability to meet energy demand once satisfied by its geopolitical rivals.

“We don’t want our European allies hooked on Russian gas through the NordStream II project, any more than we ourselves want to be dependent on Venezuelan oil supplies,” Pompeo said, referring to a natural gas pipeline expansion from Russia to Central Europe.

Pompeo’s speech punctuated the second day of IHS Markit’s CERAWeek conference in Houston, where U.S. oil and gas executives, energy luminaries and officials of the Organization of the Petroleum Exporting Countries gather annually to discuss global energy development.

The speech came the same day Pompeo met with top oil executives for about an hour to try to persuade energy companies to help the administration’s efforts to boost crude exports to Asia and to support its policy of isolating Iran.

The outreach marked a stepped-up effort to sway oil executives to support the Trump administration’s “energy dominance” agenda by advancing diplomatic and policy objectives through rapidly expanding U.S. oil and gas exports.

Pompeo critiqued China for “blocking energy development in the South China Sea through coercive means,” which he said prevents Southeast Asian countries from accessing more than $2.5 trillion in recoverable energy reserves.

Pompeo called Russia’s invasion of Ukraine an attempt to gain access to the country’s oil and gas reserves.

(Reporting by Collin Eaton in Houston and Lesley Wroughton in Washington; Additional reporting by Ron Bousso in Houston; Editing by Peter Cooney)

Source: OANN

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Berlin reveals contacts with Deutsche Bank amid merger talks

FILE PHOTO: Headquarters of Commerzbank and Deutsche Bank (L) are photographed in Frankfurt
FILE PHOTO: Headquarters of Commerzbank and Deutsche Bank (L) are photographed in Frankfurt, Germany, March 19, 2019. REUTERS/Kai Pfaffenbach/File Photo

April 9, 2019

By John O’Donnell

FRANKFURT (Reuters) – Deutsche Bank’s Chief Executive had a series of meetings with Germany’s deputy finance minister before and immediately after it announced merger talks with a state-backed rival, according to information revealed by the government.

The contact underscores the attention Germany’s finance ministry has given to the country’s largest bank at a critical juncture that will determine whether the state becomes a shareholder in the group.

In a letter answering a question from a German lawmaker, seen by Reuters, the government said Deutsche CEO Christian Sewing had met three times this year with Germany’s deputy finance minister, Joerg Kukies.

Two of those meetings happened in January, while the third was on March 18, the day after Deutsche and Commerzbank publicly confirmed they were in talks about a possible merger.

Fabio De Masi, the leftist lawmaker who made the information request, said the meetings showed finance minister Olaf Scholz, and his deputy, had been important in influencing talks, even though they have sought to distance themselves.

“In reality, Scholz and Kukies hold the key,” he said, adding a merger would be a risk for taxpayers and cost thousands of jobs. “A banking champion is a dangerous idea. Putting two turkeys together won’t produce an eagle.”

A spokesman for the finance ministry said Kukies meets “with many representatives of banks … on numerous occasions” because of his job, and declined to comment on the merger talks. Deutsche Bank declined to comment.

Deutsche Bank’s exploratory talks with Commerzbank come after prodding by Germany’s finance ministry, which is worried about the future of the country’s biggest bank.

Any deal would see Berlin become a shareholder in the combined group, which one German official said would need up to 10 billion euros ($11 billion) of fresh capital because of restructuring costs and the fact losses on investments could be triggered.

Through its stake in Commerzbank, the German government would become a top shareholder in a merged group, playing a central role in any fusion. Lawmakers fear this puts it on the hook to shoulder losses if the bank later runs into trouble.

Berlin could yet pull the plug if it believes a deal would be politically unpalatable.

(Reporting by John O’Donnell; Editing by Mark Potter)

Source: OANN

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New Hampshire teen forced to cover up Trump shirt, remove MAGA hat on school’s ‘patriotic day’

A New Hampshire teenager said she felt ashamed and embarrassed when her high school principal reportedly told her she needed to cover up the “Make America Great Again” T-shirt and hat she wore for a patriotic celebration.

Ciretta Mackenzie, a freshman at Epping High School, told Boston 25 she had to borrow a friend’s sweatshirt and took off the hat after being reprimanded for wearing the “MAGA” gear on Monday – which was “America Pride Day” at school.

WHY I WEAR A MAGA HAT THESE DAYS (AND I DIDN'T START OUT AS A TRUMP FAN)

“It’s just a shirt, and it only says 'Trump: Make America Great Again.' It doesn’t say anything like 'build a wall,' so I don’t get how it could be offensive, how it could be disrespectful,” Mackenzie told the news station.

The school’s principal said the iconic red hat and T-shirt violated the school’s dress code policy, which according to Mackenzie, doesn’t say anything about political clothing.

“If it said no political gear, I could understand why it was dress code, but it didn’t say that, so I feel like I’m obligated to have my own opinion and other people can have theirs,” she said. “We don’t have to agree, that fine.”

MAGA-HAT WEARING TEEN CLAIMS CALIFORNIA HIGH SCHOOL WOULDN'T PERMIT HER TO WEAR HAT

The Epping High School superintendent told Boston 25 that two students were asked to change what they were wearing that day. The school was celebrating “America Pride Day” as part of its spirit month.

Superintendent Valerie McKenny said the incident was under investigation.

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The Mackenzie family said they plan on meeting with the school principal to discuss the situation.

Source: Fox News National

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British supermarkets battle to secure stocks as chaotic Brexit looms

FILE PHOTO: Picked apples are seen at Stocks Farm in Suckley
FILE PHOTO: Picked apples are seen at Stocks Farm in Suckley, Britain, October 10, 2016. REUTERS/Eddie Keogh/File Photo

February 19, 2019

By James Davey and Kate Holton

LONDON (Reuters) – Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say.

With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers.

“You can’t stockpile fresh produce, you haven’t got any space and it wouldn’t be fresh,” said Tim Steiner, head of online supermarket pioneer Ocado.

The warnings, including talk of whether rationing would be needed, are part of a chorus of concern from businesses who say they are weighed down by uncertainty in what was once considered a bastion of Western economic and political stability.

The last time Britain’s food supplies were seriously hit was when fuel protests prompted panic buying almost two decades ago, forcing some supermarkets to ration milk and bread and others to warn that stocks would run out in days.

Executives within the food chain said Britain was better prepared than 2000, but disruption may be more widespread and last longer than the few days it took before the fuel dispute was settled.

James Bielby, head of the Federation of Wholesale Distributors, says its members’ retail and catering customers were asking for between one and eight extra weeks’ supply. But storage is limited in an industry that operates on a “just in time basis” to maximize the shelf life of goods.

Intense competition and slim margins in the British supermarket sector have also made contingency planning more complicated. James Walton, chief economist at IGD which works with the industry to improve supply chains, said storage had been reduced over many decades to hold down working capital.

What remains is now full. “So surplus space within stores is being used and containers are in carparks,” he said.

Mike Coupe, the boss of Britain’s second biggest supermarket Sainsbury’s, said supplies would not last long. “We don’t have the capacity and neither does the country to stockpile more than probably a few days’ worth,” he said in January, echoing the supermarket’s warning to then-Prime Minister Tony Blair in 2000 during the fuel crisis.

LET THEM EAT LEEKS

Britain imports around half of its food, and while some is flown in via air freight, most enters on lorries through Dover, Britain’s main gateway to Europe.

At peak times, 130 lorries a day are required to drive through Dover bringing citrus fruit alone, according to the British Retail Consortium. In March, inclement British weather means 90 percent of lettuces come from the EU.

If it leaves without a trade deal, Britain will move on to World Trade Organization rules that require tariffs to be paid, goods to be checked and paperwork to be completed, demands that do not currently exist for goods coming from within the EU.

The English Apples & Pears group said British farms have been asked to provide more apples until the end of April by retailers who usually source more from the southern hemisphere from March.

Other substitutions are more difficult.

“People just say we’ll eat more British produce but … would people be happy to start eating tonnes of British leeks? I’m not sure,” said an executive at one of Britain’s four major supermarket groups, who declined to be named because of the possible business impact.

“We have to plan for the worst,” he said, before adding that he hoped Britain would delay its departure date from the EU.

“BUNKER LINES”

Consultants, suppliers, company sources and trade groups said importers were looking at securing new routes into Britain in case customs checks clog up Dover, but no other port offers that frequency of ferry sailings or trains through the tunnel.

They would also have to compete with companies importing drugs, car parts and chemicals that are also looking to alternative ports on the south and east coast of Britain.

The Spanish wine federation said they had advised members to avoid shipping goods to Britain around the end of March.

Supermarkets could fly in more goods – as they did to bring in lettuces from America in 2018 when bad weather hit European supplies – but it is expensive and capacity is limited.

William Bain, a policy adviser at the British Retail Consortium, said clients and suppliers were having talks now to discuss how costs and risks would be shared if stock is delayed.

Elsewhere in the food chain, suppliers of ready meals are considering changing ingredients to remove those with the shortest shelf life, according to the Fresh Produce Consortium.

All of these changes could lead to higher prices however, with changes to recipes requiring changes to labeling.

Dominic Goudie, in charge of exports, trade and supply chains at the Food and Drink Federation, told Reuters prices were likely to rise, regardless of the outcome.

“We know from our members that they are investing staggering sums into getting ready for the worst possible no-deal scenario,” he said. “The sums are so large that manufacturers need to pass it on to their customers, the retailers.”

Another senior executive at a major British food retailer told Reuters they had seen no signs yet of Britons buying so-called ‘bunker lines’ – toilet paper, bottled water and tinned food. But it could happen before March 29.

“If you’ve got a limited amount of food, you want to distribute it fairly across the country,” he told Reuters. “So you almost get to this ridiculous notion of rationing.”

Some of Britain’s deeply-divided politicians who are seeking a complete break with the EU say the economy would soon recover from any short-term hit as it adapts to new trading routes after Brexit.

They argue that talk of food shortages and rationing is scaremongering driven by the government to rally support for Prime Minister Theresa May’s proposed Brexit deal, agreed with the EU but showing little sign of getting sufficient support from her own parliament.

Environment minister Michael Gove, who backed Brexit, has said leaving without a deal could lead to higher prices, but that the government has chartered extra ferries to maintain the movement of goods. “We are meeting weekly with the food industry to support their preparations for leaving the EU,” a spokesman said.

Tesco chairman John Allan said the retailer, Britain’s biggest with 3,400 stores and almost 28 percent of the market, was stockpiling goods with a long shelf life but that its options for fresh produce was more limited.

“So provided we’re all happy to live on Spam and canned peaches all will be well,” he added.

(Writing by Kate Holton; additional reporting by Blanca Rodriguez Piedra in Madrid; editing by Guy Faulconbridge and Philippa Fletcher)

Source: OANN

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Indian election officials trek 34 miles through remote forest for 1 voter

Indian election officials trekked deep into the jungle-- through an animal sanctuary filled with lions-- to set up a polling station for one voter, according to a report.

The voter, Mahant Bharatdas Darshandas, is a priest who has lived in Gujarat’s Gir Forest for more than 20 years, Reuters reported.

INDIAN VOTER CHOPS OFF FINGER AFTER ACCIDENTALLY VOTING FOR WRONG PARTY

Darshandas has voted in every election in at least the last 15 years, according to NDTV. Election officials reportedly make the 34-mile journey through the forest every election so he can cast his ballot. “There is just one booth here and the government spends a lot on this one booth,” Darshandas told reporters after casting his vote in the third phase of the historic election.

Voting in India is in seven phases and lasts more than a month, ending on May 19. Voters will elect 543 members of parliament. India has approximately one million polling stations for 900 million eligible voters.

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"For 100 percent voter turnout everywhere, I request all to go and vote," Darshandas added.

Source: Fox News World

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Rugby internationals Holmes, Wade join NFL practice squads

Australia's Valentine Holmes during training
FILE PHOTO: Britain Rugby League - Australia Team Run - Ricoh Arena, Coventry - 4/11/16 Australia's Valentine Holmes during training Mandatory Credit: Action Images / Ed Sykes Livepic

April 9, 2019

(Reuters) – Rugby internationals from two codes, Australian Valentine Holmes and England’s Christian Wade, have been added to the practice squads of the New York Jets and Buffalo Bills as part of the NFL’s international player pathway program.

Australian rugby league international Holmes, a prolific try-scorer for the Cronulla Sharks, ripped up his contract with his club at the end of last season to pursue his dream of playing in the NFL.

The 23-year-old has been listed as a running back/wide receiver/kick returner and will be hoping to follow in the footsteps of compatriot Jarryd Hayne, who suited up in eight regular season games for the San Francisco 49ers in 2015.

The pacy 27-year-old Wade played one rugby union international on the wing for England in 2013 after building a reputation as one of the best finishers in the game. He is projected to play at running back, the Bills said.

Both players will be the 11th man on their teams’ practice squads, and 91st on the roster overall, and be retained at least through to the end of their pre-season training camps.

Four AFC teams will carry an extra player on their squads this year under the program, which aims to provide hopefuls from around the world to “compete at NFL level, improve their skills, and ultimately earn a spot on an NFL roster”.

The Miami Dolphins have taken on Brazilian defensive tackle Durval Neto, while German tight end Jakob Johnson, who played at the University of Tennessee, joins the New England Patriots.

(Reporting by Nick Mulvenney in Sydney, editing by Greg Stutchbury)

Source: OANN

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Pilots of doomed Ethiopian Airlines flight struggled for control as plane’s nose dipped: report

FILE PHOTO - Airplane engine parts are seen at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu
FILE PHOTO - Airplane engine parts are seen at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. REUTERS/Tiksa Negeri/File Photo

April 4, 2019

PARIS/SINGAPORE (Reuters) – Pilots of an Ethiopian Airlines jet involved in a deadly crash cut out an electric trim system while the plane’s nose was down and were unable to stabilise the aircraft manually, prompting them to reverse the action, a preliminary report into the accident said.

The Boeing 737 MAX hit an airspeed as high as 500 knots (575 miles per hour), well above its operational limits, before cockpit data recordings stopped as the plane crashed on March 10 killing all passengers and crew, the report published on Thursday said.

(Reporting by Tim Hepher and Jamie Freed; Writing by Katharine Houreld; Editing by Kirsten Donovan)

Source: OANN

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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The Dalai Lama has returned to his headquarters in the north Indian hill town of Dharmsala after a brief stay in a hospital in the capital for treatment of a chest infection.

Hundreds of exiled Tibetans lined the streets of Dharmsala carrying ceremonial scarves and incense sticks to welcome the Dalai Lama on Friday.

The 83-year-old Tibetan spiritual leader told reporters that he had fully recovered, but that the illness had been “a little bit serious.” He did not give any details.

The Dalai Lama usually spends several months a year traveling the world to teach Buddhism and highlight Tibetans’ struggle for greater freedom in China. But he has cut down on his travels in the past year to take care of his health.

Source: Fox News World

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