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President Kushner to Present Trump With His Immigration Plan In Coming Days

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Source: InfoWars

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NHL roundup: Islanders down Sabres, clinch playoff spot

NHL: Buffalo Sabres at New York Islanders
Mar 30, 2019; Uniondale, NY, USA; New York Islanders left wing Anthony Beauvillier (18) celebrates his goal against the Buffalo Sabres during the second period at Nassau Veterans Memorial Coliseum. Mandatory Credit: Dennis Schneidler-USA TODAY Sports

March 31, 2019

Anthony Beauvillier scored twice Saturday night for the New York Islanders, who capped one of the most remarkable stories of the NHL regular season by clinching a playoff berth with a 5-1 win over the visiting Buffalo Sabres.

Jordan Eberle, Michael Dal Colle and Ryan Pulock also scored for the Islanders (46-26-7), who will return to the playoffs for the first time since 2016 thanks to a raucous victory in a building they thought they’d left in the spring of 2015.

The Islanders moved from Nassau Coliseum to Brooklyn’s Barclays Center following the 2014-15 season but began splitting their home schedule between the two arenas this season as they wait for construction to begin on a proposed hockey-only building at the Nassau/Queens border.

The Islanders are 12-6-2 at the Coliseum and will close out their home schedule there Monday. They will be hosting the Toronto Maple Leafs and former teammate John Tavares in the home finale. All first-round home games will be played at the Coliseum. Should New York advance, it will head back to Barclays Center for home games in subsequent rounds.

Hurricanes 5, Flyers 2

Carolina scored twice on power plays in a victory in Raleigh, N.C., which eliminated Philadelphia from playoff contention.

Teuvo Teravainen, Dougie Hamilton, Justin Faulk, Jaccob Slavin and Brock McGinn scored for the Hurricanes, who strengthened their hold on the top Eastern Conference wild-card spot.

The Hurricanes scored two goals in a 21-second span in the first period to wipe out a one-goal deficit and later added two empty-net goals.

Blue Jackets 5, Predators 2

Cam Atkinson scored twice to tie the franchise record for goals in a season, and Artemi Panarin collected four assists to set a team record for points in a campaign as visiting Columbus beat Nashville to remain in a playoff spot.

Sergei Bobrovsky stopped 23 shots for the Blue Jackets (44-30-4, 92 points), who have won four straight and are one point back of the Hurricanes for the first wild-card spot. Columbus is tied with the Montreal Canadiens, but holds the second wild-card spot with the tiebreaker.

Nashville’s two-game winning streak was snapped on a night the Predators (44-29-6, 94 points) failed to take advantage of an opportunity to claim the top spot in the Central Division.

Canadiens 3, Jets 1

Joel Armia, Jeff Petry and Jordan Weal all scored as visiting Montreal held on to claim a win over Winnipeg that was crucial to their playoff hopes.

Montreal goalie Carey Price stopped 23 shots in a victory that keeps his team in the thick of the playoff race, along with fellow wild-card candidates Carolina and Columbus.

Montreal (42-29-8, 92 points) is on a 5-1-1 roll, though the Canadiens have one fewer game remaining than the Hurricanes and Blue Jackets.

Senators 4, Maple Leafs 2

Anthony Duclair scored twice, including an empty-netter, as Ottawa defeated visiting Toronto, which missed a chance to clinch a playoff berth.

Craig Anderson made 42 saves for the last-place Senators, who improved to 6-7-1 under interim coach Marc Crawford.

Magnus Paajarvi and Cody Ceci also scored for Ottawa, which took a 2-0 lead into the third period before the Maple Leafs tied it with goals 27 seconds apart. Brady Tkachuk and Colin White each had two assists for the Senators.

Capitals 6, Lightning 3

Alex Ovechkin scored twice to eclipse the 50-goal mark, and Nicklas Backstrom and T.J. Oshie each had two goals and an assist as visiting Washington beat Tampa Bay.

Ovechkin scored from the low slot at 14:35 of the third period, marking the eighth time he has reached the 50-goal milestone, and his 51st came less than two minutes later on the power play. Only Wayne Gretzky and Mike Bossy, each with nine, have more 50-goal seasons.

Goaltender Braden Holtby stopped 25 shots to win his 31st game for the Capitals, who have won 14 of their last 19 and salvaged the final meeting in the three-game season series (1-1-1) over 15 days against Tampa Bay.

Sharks 4, Golden Knights 3 (OT)

Brent Burns’ power-play goal 22 seconds into overtime lifted San Jose over visiting Vegas, ending a season-worst losing streak at seven games.

Burns one-timed a pass on the Sharks’ first possession in the offensive zone in overtime. San Jose held a 4-on-3 advantage after Colin’s Miller’s hooking penalty on Evander Kane with less than a minute to play in regulation.

Tomas Hertl, Kane and Marc-Edouard Vlasic tallied goals, while Logan Couture had two assists for the Sharks, who split the four-game season series against Vegas. Martin Jones made 23 saves to win for the first time in seven decisions.

Blues 3, Devils 2 (OT)

Defenseman Vince Dunn scored 4:56 into overtime as visiting St. Louis recorded its 11th straight victory over New Jersey, in Newark, N.J.

With time winding down in overtime, Dunn skated into the offensive zone and tucked the puck between the pads of Cory Schneider for his fifth career game-winning goal and his fourth this season.

Tyler Bozak scored to record his 400th career point, and rookie Robert Thomas also tallied for the Blues (42-28-8), who have won five of their last six games. Jake Allen finished with 25 saves to improve to 7-0-0 in his career against New Jersey.

Ducks 5, Oilers 1

Rickard Rakell notched a natural hat trick in the second period, and visiting Anaheim all but eliminated Edmonton from the playoffs for the 12th time in 13 seasons.

Goalie John Gibson made 30 saves for the Ducks (33-37-10, 76 points), who have long been eliminated from the playoff picture.

The chances of Edmonton (34-35-9, 77 points) reaching the postseason were on life support, but the loss essentially sealed the club’s fate. The Oilers are eight points out of a playoff position with four games remaining.

Canucks 3, Stars 2 (SO)

Markus Granlund’s goal in the eighth round of the shootout gave Vancouver a home-ice win over Dallas.

Granlund slipped the puck through Dallas goaltender Anton Khudobin’s legs. Granlund was the lone scorer in the shootout.

The Canucks (34-35-10, 78 points) won their second straight game, but the victory was moot because they were eliminated from NHL playoff contention on Friday. The Stars (41-31-7, 89 points) missed a chance to clinch a postseason berth, as they suffered their first loss in four games and their first road setback in eight games.

Kings 3, Blackhawks 2 (OT)

Drew Doughty scored with 12 seconds remaining in overtime as Los Angeles dealt a major blow to visiting Chicago’s fading playoff chances.

Playing with a one-man advantage after a late penalty by the Blackhawks’ Jonathan Toews, Doughty powered in his game-winner from the top of the right circle and through Chicago goaltender Corey Crawford. It was Doughty’s seventh goal of the season.

Austin Wagner and Michael Amadio also scored for the Kings. Amadio’s goal with just over four minutes remaining in regulation sent the game into overtime.

Panthers 4, Bruins 1

Boston’s 12-game home-ice win streak was snapped by visiting Florida.

The Bruins’ streak was their longest since 2008-2009. It was the first Bruins home loss since Jan. 31.

Riley Sheahan and Troy Brouwer scored once, and Evgenii Dadonov scored twice, including an empty-netter, for the Panthers. Roberto Luongo earned the win by making 30 saves.

–Field Level Media

Source: OANN

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US to designate Iran Revolutionary Guard as terrorist group

The Trump administration is preparing to designate Iran's Revolutionary Guard as a "foreign terrorist organization" — an unprecedented move that could have widespread implications for U.S. personnel and policy.

U.S. officials say an announcement could come as early as Monday, after a monthslong escalation in the administration's rhetoric against Iran.

The move would be the first such designation by any U.S. administration of an entire foreign government entity, although portions of the Guard have been targeted before.

Two U.S. officials and a congressional aide are confirming the move. They're not authorized to discuss the matter publicly and are speaking on condition of anonymity.

The designation comes with sanctions, including freezes on some assets and a ban on Americans doing business with the group.

Source: Fox News National

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The Latest: French leader vows to rebuild damaged Notre Dame

The Latest on a fire at Notre Dame Cathedral in Paris (all times local):

11:35 p.m.

French President Emmanuel Macron has promised to rebuild Notre Dame Cathedral and says he is seeking international help to restore the Paris landmark.

Macron said after the French capital's fire chief announced the emergency response had changed into a monitoring and mop-up operation, "The worst has been avoided although the battle is not yet totally won."

Macron said a national fundraising campaign to restore Notre Dame would be launched Tuesday and he called on the world's "greatest talents" to help.

The French leader credited the "courage" and "great professionalism" of firefighters with sparing Notre Dame's facade and two landmark towers from being destroyed.

___

11:15 p.m.

The Paris prosecutors' office says investigators are treating the blaze that destroyed part of Notre Dame as an accident for now.

The prosecutors' office said late Monday they have ruled out arson in Monday's fire, including possible terror-related motives for starting the blaze.

Prosecutors say Paris police will conduct an investigation into "involuntary destruction caused by fire."

___

11:05 p.m.

A French official and the Paris fire chief say they think Notre Dame Cathedral's landmark rectangular towers have been saved from the fire that caused horrific damage.

Junior Interior Minister Laurent Nunez said late Monday that authorities remain "prudent" but are "much more optimistic" than earlier in the night.

Paris fire commander Jean-Claude Gallet said a major accomplishment of hundreds of firefighters was stopping the flames from spreading to the north tower belfry.

Gallet says two-thirds of Notre Dame's roofing "has been ravaged." He says one firefighter was injured.

He says fire crews will keep working overnight to cool down the structure.

___

10:50 p.m.

The mayor of Paris says people who live near Notre Dame Cathedral have been evacuated in preparation for the burning structure's possible collapse.

But Mayor Anne Hidalgo said late Monday that firefighters were optimistic they could keep the towers that bookend the famous cathedral from going up in flames.

The fire chief in Paris went even further, saying his crews managed to stop the flames from reaching the belfry and prevented a catastrophic collapse.

Gallet says one firefighter was injured.

Hildago says the significant collection art work and holy objects kept inside the church has been recovered.

___

10:30 p.m.

Parisians have gathered to say prayers and sing hymns In front of the nearby Saint Julien Les Pauvres church as the massive blaze at Notre Dame Cathedral burns only a few hundred meters away.

Flames and smoke rose in the sky behind the singers. A couple hundred people kneeling in prayer at the center of a larger group, who are standing around the edge and joining in the hymns between the prayers.

Paris archbishop Michel Aupetit is inviting priests across France to ring the bells of their churches in a call for prayers for Notre Dame.

Aupetit is at the cathedral and will meet with French President Emmanuel Macron later Monday night.

___

10:20 p.m.

An official from the French Interior Ministry says 400 firefighters are at the scene of the fire but might they not be able to save Notre Dame Cathedral in Paris.

Laurent Nunez, speaking to reporters at the scene, says the devastating fire is not limited yet to a certain area and might continue to expand. He says cause of fire at the cathedral is unknown.

___

10:05 p.m.

A group of Americans from Maine had just finished visiting Notre Dame Cathedral and were in a nearby park when they heard it was on fire.

Freeport resident Lucy Soule, 22, said it was "weird" having been in the church right before this happened. "Now you can smell it burning."

Soule and her father, Win Soule, 58, and Libby Heselton, 53, are on a weeklong trip to Paris where they planned to "see all the sights" and had just finished their visit to Notre Dame. They had been in the cathedral at 5:30 p.m., about an hour before the fire.

Win told The Associated Press "Now I feel sorry for the people tomorrow. They won't be able to see it."

He says "it's incredible. I'm not religious, but this is clearly very important to a lot of people."

___

9:50 p.m.

The fire chief in Paris says it's unclear if city firefighters will be able to keep a fire at Notre Dame from spreading and causing more destruction.

Fire Chief Jean-Claude Gallet said outside the iconic cathedral as his crews battled the blaze from both the exterior and interior: "We are not sure we are capable of stopping the spreading" to Notre Dame's second tower and belfry.

Gallet said: "If it collapses, you can imagine how important the damage will be."

Flames already have reached one of Notre Dame's towers and brought down the church spire that extended 96-meters-high (315-feet.

___

9:40 p.m.

The Vatican has issued a statement about the "terrible fire" that has "devastated" Notre Dame Cathedral in Paris.

The Vatican said: "The Holy See has seen with shock and sadness the news of the terrible fire that has devastated the Cathedral of Notre Dame, symbol of Christianity in France and in the world."

The statement says the Vatican is praying for firefighters "and those who are doing everything possible to confront this dramatic situation" on Monday.

It also expressed "our closeness to French Catholics and the population of Paris, and we assure our prayers for firefighters

___

9:05 p.m.

French President Emmanuel Macron is treating the fire gutting Notre Dame Cathedral as a national emergency.

Macron reached the landmark cathedral on Monday evening and went straight into meetings at the nearby Paris police headquarters.

France's civil security agency says "all means" except for water-dropping aircraft were deployed to tackle the blaze.

The defense agency said those were unsuitable for fires like the one at Notre Dame because dumping water on the building could cause the whole structure to collapse.

___

9:00 p.m.

The mammoth fire that destroyed the spire of Notre Dame Cathedral has spread to one of the church's landmark rectangular towers.

An Associated Press reporter at the scene of Monday's fire in Paris watched the flames blazing behind an oblong stained-glass window in the tower.

Paris police say fighters are inside the cathedral working to put the flames out while others work from the exterior. Red smoke is pouring out of the cathedral.

A Notre Dame spokesman said earlier that the church's entire wooden interior was in flames.

French President Emmanuel Macron has arrived at Notre Dame.

___

8:35 p.m.

French writer and historian Camille Pascal says a massive fire at Notre Dame Cathedral has caused "the destruction of invaluable heritage" and "we can be only horrified by what we see."

Pascal told French broadcaster BFMTV: "It's been 800 years that the Cathedral watches over Paris" and its bells pealed for both "happy and unfortunate events."

He recalled that Notre Dame's bells sounded a death knell after the November 2015 terror attacks in Paris.

Authorities are investigating if renovation work on the cathedral's fire was a factor in starting or spreading the fire.

On Thursday, 16 religious statues were removed from the peak for the first time in over a century to be taken for cleaning and therefore escaped the blaze.

___

8:30 p.m.

French President Emmanuel Macron says the fire consuming Notre Dame Cathedral is taking part of everyone in France with it.

Macron tweeted after the blaze broke out in the cathedral's spire on Monday he was sad to see "a part of us being on fire."

He extended "thoughts for all the Catholics and all the French."

His administration says Macron is heading to Notre Dame.

___

8:20 p.m.

The deputy mayor of Paris says Notre Dame Cathedral has suffered "colossal damages" from a fire that started in the spire and caused it to collapse.

Speaking to BFMTV, Deputy Mayor Emmanuel Gregoire said first responders now trying to salvage the art and other priceless pieces stored in the cathedral.

A cathedral spokesman has said the entire wooden interior of the Notre Dame is burning and likely to be destroyed.

___

8:15 p.m.

U.S. President Donald Trump has tweeted about the fire engulfing Paris' iconic Notre Dame Cathedral.

Trump wrote on Twitter after the fire broke out Monday: "So horrible to watch the massive fire at Notre Dame Cathedral in Paris" and made suggestions for how first responders should tackle it.

He said: "Perhaps flying water tankers could be used to put it out," adding: "Must act quickly!"

Firefighters were trying to contain the fire when the cathedral's spire collapsed. Authorities say the wooden interior now is burning.

___

8:05 p.m.

The soaring spire of Notre Dame Cathedral in Paris has collapsed in flames, and a church spokesman says the entire wooden interior of the 12th century landmark is burning and likely to be destroyed.

A massive fire engulfed the roof of the cathedral in the heart of the French capital on Monday afternoon as Parisians watched in horror.

Notre Dame spokesman Andre Finot told French media: "Everything is burning, nothing will remain from the frame."

The cathedral is home to incalculable works of art and is one of the world's most famous tourist attractions.

The cause of the blaze isn't yet known, but scaffolding could be seen on the roof of the burning structure. The spire was undergoing renovation.

___

7:55 p.m.

Police in Paris say the cause of the massive fire enveloping the spire of Notre Dame Cathedral isn't yet known.

The French capital's police department said no deaths have been reported from Monday's fire. The police department didn't say anything about injuries.

The peak of the 12th century cathedral is undergoing a 6 million-euro ($6.8 million) renovation project.

French media quoted the Paris fire brigade saying the fire is "potentially linked" to the renovation work.

Located on the Ile de la Cite in the center of Paris, the Gothic cathedral is among the most famous from the Middle Ages and was built on the ruins of two earlier churches.

___

7:45 p.m.

French President Emmanuel Macron has postponed a televised speech to the nation because of a massive fire enveloping the top of Notre Dame Cathedral in Paris.

Flames are shooting out of the roof behind the nave of the 12th cathedral, one of the world's most visited landmarks.

The sight stopped pedestrians in their tracks along the Seine River, which passes under the cathedral.

Authorities said the fire could be linked to renovation work. It's unclear if anyone has been hurt in the fire.

Macron's pre-recorded speech was set to be aired later Monday on French TV. Macron was expected to lay out his plan to address the citizen complaints that gave rise to the yellow vest protests that have rocked France since November.

___

7:35 p.m.

Paris Mayor Anne Hidalgo says firefighters are trying to contain a "terrible fire" at the city's Notre Cathedral.

An AP reporter at the scene of Monday's fire says the roof at the back of the cathedral, behind the nave, is in flames and yellow-brown smoke and ash fill the sky.

Hidalgo urged residents of the French capital to stay away from the security perimeter around the Gothic-style church. The mayor says city officials are in touch with Roman Catholic diocese in Paris.

___

7:30 p.m.

Firefighters are battling a massive blaze at the French capital's iconic Notre Dame Cathedral.

Flames and black smoke were seen shooting from the base of the medieval church's spire on Monday.

The peak of the church is undergoing a 6 million-euro ($6.8 million) renovation project.

French media quoted the Paris fire brigade saying the fire is "potentially linked" to the renovation work.

Source: Fox News World

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Winds of change will never blow away Augusta tradition, says chairman

LPGA: Augusta National Women's Amateur - Final Round
Apr 6, 2019; Augusta, GA, USA; Augusta National chairman Fred Ridley during the awards presentation of the Augusta National Women's Amateur golf tournament at Augusta National GC. Mandatory Credit: Michael Madrid-USA TODAY Sports

April 10, 2019

By Steve Keating

AUGUSTA, Ga. (Reuters) – The winds of change continued to blow through Augusta National on Wednesday but chairman Fred Ridley made it clear that some things will never alter at the home of the Masters.

While tradition remains the bedrock of one of the world’s most exclusive clubs, Augusta National is willing to embrace new ideas when it suits as it did last week when hosting a first women’s tournament.

More changes, big and small, in both attitude and design are on the horizon.

Much of the talk coming into the year’s first major has centered on tweaks to the fifth hole, which has been stretched 40 yards with the potential to be the most difficult on the iconic layout.

While the course has undergone almost continuous renovations, some holes will never change, such as Amen Corner which Ridley declared a “sacred place”.

Outside the Augusta National walls, however, there are no such concerns.

The club has spent hundreds of millions of dollars gobbling up land for a new mega-project — building a digital broadcast compound that will require the construction of a tunnel under Washington Road — that Ridley described as the first of its kind in the State of Georgia.

“As we state every year, we’re bound to a tradition of constant improvement,” said Ridley during the chairman’s annual address. “We maintain (former club and tournament chairman) Mr. Roberts’ philosophy that nothing stands still.”

In contrast to Ridley’s forward thinking, time has often appeared to stand still at Augusta National, which did not welcome its first woman member until seven years ago.

Founded by Bobby Jones and Clifford Roberts and opened for play in January 1933, there were no mobile phones then and none are allowed on the property now.

Billy Payne, the previous Augusta chairman, said smartphones would never be welcome on the course as long as he was in charge and Ridley, who took over as the top man in 2017, sees no reason to change that policy.

The zero-tolerance mobile phone policy is one that Augusta National zealously monitors.

Anyone caught on the grounds with a cell phone is removed and there have been reports of offenders having their badge privileges revoked for life.

“I think our patrons appreciate our cell phone policy,” said Ridley. “I know that we have now become an outlier, if not the only outlier in golf, as well, at allowing cell phones.

“I don’t believe that’s a policy that anyone should expect is going to change in the near future, if ever.

“I can’t speak for future chairmen, but speaking for myself, I think we got that right.”

Manners and golf etiquette, which have slowly disappeared from many other tournaments, will also never go out of style at Augusta National, Ridley said.

No running, no pictures, no laying down on the grass and certainly no boorish or ill-timed comments are tolerated.

“We encourage our patrons to exhibit proper decorum,” said Ridley. “It’s right on the pairing sheet.

“There’s a great quote from Bobby Jones about that, and the importance of good behavior and how distressing it is for someone to applaud a bad shot, which you do hear from time to time at other places.

“There’s something about Augusta National when someone walks through the gates, they know that it’s a place of respect, of beauty, and honoring traditions and values of the game.”

(Editing by Toby Davis)

Source: OANN

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The Latest: Mormon scholar: LGBTQ policy repeal marks reset

The Latest on Mormons repealing rules banning baptisms for children of gay parents (all times local):

10:55 a.m.

A religious scholar says the decision by The Church of Jesus Christ of Latter-day Saints to repeal rules banning baptisms for children of gay parents and making gay marriage a sin eligible for expulsion marks a complete reset for the faith on LGBTQ issues.

Patrick Mason of Claremont Graduate University in California says the policy unveiled in 2015 was deeply unpopular among members of the faith, triggering displeasure and protests from many liberal and conservative members.

He says the policy hurt the church's image and relationship with many members.

Mason says the repeal erases the one major detour from a decade-long path by the faith to carve out a more open and compassionate position on LGBTQ issues while sticking to doctrinal opposition of gay marriage and intimacy between people in same-sex relationships.

___

9:50 a.m.

The Church of Jesus Christ of Latter-day Saints is repealing rules unveiled in 2015 that banned baptisms for children of gay parents and made gay marriage a sin worthy of expulsion.

The surprise announcement Thursday by the faith widely known as the Mormon church reverses rules that triggered widespread condemnations from LGBTQ members and their allies.

The church in a statement says it isn't changing its doctrinal opposition to gay marriage and still considers same-sex relationships to be a "serious transgression."

But people in same-sex relationships will no longer be considered "apostates" who must be kicked out of the religion.

The change also marks the biggest move yet by church President Russell M. Nelson, who has made a flurry of changes since taking over the faith in January 2018.

Source: Fox News National

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U.S.-China trade: tariff and non-tariff barriers

U.S. President Trump meets with China's Vice Premier Liu He at the White House in Washington
U.S. President Donald Trump looks on during a meeting with China's Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer (R) in the Oval Office at the White House in Washington, U.S., February 22, 2019. REUTERS/Carlos Barria

February 27, 2019

By Patturaja Murugaboopathy

(Reuters) – U.S. President Donald Trump said this week he may soon sign a deal with Chinese President Xi Jinping to end a trade war blamed for slowing global economic growth and disrupting markets.

Citing progress in talks between the two countries, Trump said he would delay a planned increase in tariffs to 25 percent from 10 percent on $200 billion of Chinese imports.

China’s trade surplus with the United States, which is at the center of their dispute, rose to $323.32 billion last year, the biggest on record going back to 2006.

Graphic: China’s trade surplus with the United States – https://tmsnrt.rs/2RSj3PM

China’s average import tariff of 3.5 percent is the highest among top industrial nations, data from the World Bank shows, although its tariff rates have fallen sharply over the past 20 years.

Graphic: China and G10 countries average tariff rate – https://tmsnrt.rs/2BT9Hu5

Trump and Xi called a 90-day truce last year to allow time for a deal to be negotiated. But the U.S. threat of tariff increases comes just as China is trying to support its cooling economy, so could offer Trump leverage in the talks.

Negotiators from both camps have been seeking to iron out differences over China’s treatment of state-owned enterprises, subsidies, forced technology transfers and cyber theft.

The two sides are expected to sign memorandums of understanding (MOUs) for actions to be taken by China on issues ranging from structural reforms to trade and economic policies.

Graphic: China’s major exports – https://tmsnrt.rs/2RQShY9

Graphic: China’s top imports and exports to U.S. – https://tmsnrt.rs/2HRAEUr

Graphic: China’s average tariffs – https://tmsnrt.rs/2SXiFwB

Graphic: China’s technology firms R&D cost and ROE – https://tmsnrt.rs/2HjfZYQ

Graphic: China’s top imports and exports to U.S. – https://tmsnrt.rs/2HRAEUr

Graphic: Major items among $200 billion tariffs – https://tmsnrt.rs/2HGBgfj

Graphic: Major items among $34 billion tariffs – https://tmsnrt.rs/2HG2Rxj

Graphic: Major items among $16 billion tariffs – https://tmsnrt.rs/2HFiipx

Reuters reported that both sides were drafting MOUs on cyber theft, intellectual property rights, services, agriculture and non-tariff barriers to trade, including subsidies.

Graphic: US immigrant visas to Chinese residents – https://tmsnrt.rs/2E6CBbx

Trump administration officials have pointed to China’s industrial subsidies, numerous regulations, business licensing procedures, product standards reviews and other practices as non-tariff barriers to trade.

Graphic: U.S. non-tariff barriers – https://tmsnrt.rs/2E5xIze

Graphic: China’s non-tariff measures sector-wise – https://tmsnrt.rs/2TKqtCl

(Reporting By Patturaja Murugaboopathy; Additional Reporting by Gaurav Dogra; Editing by Vidya Ranganathan and Neil Fullick)

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

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