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Coast Guard offloads seized drugs worth $62.5M

The U.S. Coast Guard is offloading marijuana and cocaine with an estimated street value of $62.5 million dollars at The agency said in a news release that the drugs seized in international waters in the Eastern Pacific Ocean will arrive in Fort Lauderdale Thursday morning on the Coast Guard Cutter Bear, which is based in Portsmouth, Virginia.

The stash includes some 14,000 pounds of marijuana and 3,660 pounds of cocaine.

Crewmembers on the flight deck of Coast Guard Cutter Bear. Photo by Petty Officer 3rd Class Brandon Murray.

Crewmembers on the flight deck of Coast Guard Cutter Bear. Photo by Petty Officer 3rd Class Brandon Murray. (U.S. Coast Guard)

Officials say operation involved two Coast Guard cutters and a Navy ship off the coasts of Mexico and Central and South America.

Source: Fox News National

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Fire at Cairo’s main train station kills at least 10: medical sources

Rescue workers and people are seen after a fire caused deaths and injuries at the main train station in Cairo
Rescue workers and people are seen after a fire caused deaths and injuries at the main train station in Cairo, Egypt, February 27, 2019. REUTERS/Amr Abdallah Dalsh

February 27, 2019

CAIRO (Reuters) – At least 10 people were killed and more than 20 injured when a fire broke out at the main train station in Egypt’s capital on Wednesday, two medical sources said.

A witness said there was a blast when a train rammed into a steel barrier at Ramses station in central Cairo.

(Reporting by Ahmed Hassan; Writing by Aidan Lewis; Editing by Andrew Heavens)

Source: OANN

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U.S. VP Pence to meet wife of Venezuela’s Guaido at White House on Wednesday

FILE PHOTO: Fabiana Rosales, wife of Venezuela's opposition leader Juan Guaido participates in a rally with Venezuelans living in Peru during her visit to Lima
FILE PHOTO: Fabiana Rosales, wife of Venezuela's opposition leader Juan Guaido participates in a rally with Venezuelans living in Peru during her visit to Lima, Peru March 23, 2019. REUTERS/Guadalupe Pardo

March 26, 2019

WASHINGTON (Reuters) – U.S. Vice President Mike Pence is slated to meet on Wednesday at the White House with Fabiana Rosales, a Venezuelan activist who is the wife of opposition leader Juan Guaido, a White House official said on Tuesday.

Pence is expected to reiterate U.S. backing for Guaido in the meeting with Rosales, a 26-year-old journalist who is considered Venezuela’s first lady by supporters.

Guaido invoked the constitution to assume the interim presidency in January, arguing President Nicolas Maduro’s 2018 re-election was illegitimate.

(Reporting by Roberta Rampton, Editing by Rosalba O’Brien)

Source: OANN

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Venezuelan gov't bars Guaido from public office for 15 years

The Venezuelan government has barred opposition leader Juan Guaido from holding public office for 15 years.

The announcement by the state comptroller on Thursday increases pressure on the leader of the National Assembly, who is staging protests in an attempt to force President Nicolas Maduro from power.

The government cited alleged irregularities in the financial records of Guaido, who has said he expects more efforts by Maduro to derail his U.S.-backed opposition movement.

Source: Fox News World

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Bank of Korea seen holding steady this week, rest of 2019: Reuters poll

FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul
FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, March 8, 2016. REUTERS/Kim Hong-Ji

February 26, 2019

By Hayoung Choi and Cynthia Kim

SEOUL (Reuters) – South Korea’s central bank is widely expected to keep its base rate unchanged at its meeting on Thursday, though many analysts say policymakers are unlikely to cut rates this year to temper the rising stress on Asia’s fourth-largest economy.

All of the 11 economists polled by Reuters predicted the Bank of Korea will keep the seven-day repurchase rate at current 1.75 percent this week, a Reuters poll found on Tuesday.

“Ongoing weakness in exports as well as soft labor market are likely to keep most members’ stances cautious,” said Angela Hsieh, an economist at Barclays Capital.

Exports, which contributes to about half of the economy’s growth, are set to dwindle for the third month in February with a 11.7 percent contraction for first 20 days of this month.

The unemployment rate jumped to a nine-year high in January as more people shunned low-paying work in the face of rising minimum wages.

In the January meeting, the Bank of Korea stood pat citing fragile inflation, while trimming the growth outlook for this year, after the hike in November last year.

Yet, despite the gloomy outlook, and the ripples on businesses from the Sino-U.S. trade war, all but two of the respondents predicted the BOK to stay on hold for rest of this year.

Rising economic risks have forced several central banks to turn dovish or push out their plans to tighten policy. The U.S. Federal Reserve last month adopted a cautious approach in a shift that signaled its tightening cycle might be at an end.

“Rate cut will still be very unlikely given the government’s harsh stance on the housing market,” Oh Suk-tae, an economist at Societe Generale, said.

The hike in November 2018, the first tightening in a year, was primarily aimed at cooling overheated property markets.

At its January meeting, BOK Governor Lee Ju-yeol said that it’s too early to discuss interest rate cuts as a significant downturn in the economy is unlikely.

The BOK “will attempt to balance its rhetoric by highlighting the potential for a positive outcome from U.S.-China trade talks, improved sentiment in financial markets and slower Fed normalization,” said Hsieh from Barclays.

(Editing by Shri Navaratnam)

Source: OANN

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Poland’s striking teachers warn high-school exams threatened

The union leader of Poland's striking teachers says that key high-school graduation exams next month could be cancelled if government does not respond to pay demands.

Slawomir Broniarz warned that the exams, scheduled for May, may not happen because the strike may prevent the qualification procedure.

On Friday, teachers were on strike for the fifth day in a row as part of an indefinite action related to their 30% pay demand. The government is urging the strikers to accept an offer of half that amount.

Friday was the last day of middle school exams, which were held in spite of the strike action. On Monday, primary school exams begin.

Teachers' monthly earnings range from 1,800 zlotys to 3,000 zlotys ($470 to $780).

Source: Fox News World

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U.S. women’s fight for fairness puts World Cup in focus

Soccer: She Believes Cup Women's Soccer-Brazil at USA
Mar 5, 2019; Tampa, FL, USA; Team United States pose for a photo before a game against Brazil in a She Believes Cup women's soccer match at Raymond James Stadium. Mandatory Credit: Douglas DeFelice-USA TODAY Sports

March 9, 2019

By Philip O’Connor

(Reuters) – While some sporting brands used International Women’s Day to launch their Women’s World Cup team kits, lawyers representing the world-champion U.S. team were on their way to a California courthouse to file a landmark lawsuit that would rock the sport.

Instructed by the 28 members of the women’s national team, they filed a suit accusing the U.S. Soccer Federation of gender discrimination, alleging that it pays them less than their male counterparts.

“As players, we deserved to be paid equally for our work, regardless of our gender,” star striker Alex Morgan said in a statement, but as she is well aware, deserving such treatment and actually getting it are two very different things.

Female players in other countries have endured often humiliating public squabbles before, and the American lawsuit marks a new front in the battle for equality with the World Cup in France less than three months away.

“They sacrifice their whole lives to play for their country, they’re together and play more games than the men’s team and they’ve been more successful,” Ireland striker Stephanie Roche told Reuters.

“They are more like a club team in some ways, they play that many games. I think they have proven that they are equal, they have brought success and therefore have every right to demand equality,” she added.

Roche, who scored a spectacular goal that was nominated for FIFA’s Puskas award in 2014 and ultimately came second to James Rodriguez, was part of the Irish team that revealed how female players were forced to change in toilets as they sought to resolve a dispute with the Football Association of Ireland.

Such disputes are not new – Denmark’s dream of making it to the World Cup effectively died when they boycotted a 2017 game against Sweden during a dispute with their football association.

That decision led to a points deduction which cost them the chance of winning their qualifying group, and they lost a playoff to the Netherlands.

BAD TIMING

The timing of the American suit could have been better for world governing body FIFA, which launched the poster it will use to publicise the 24-nation tournament on the same day.

The Zurich-based organization also announced that it will hold its first Global Women’s Football Convention in Paris ahead of the World Cup which begins on June 7, but all this was overshadowed by the breaking news from the American camp.

Winners of four Olympic gold medals and three of the seven World Cups that have been held to date, the U.S. women’s team are ranked first in the world and have never been lower than second, while the American men are currently 25th.

Their squad boasts some of the biggest and most marketable names in the game such as Alex Morgan and Carli Lloyd, and Ireland’s Roche, who plays for C.F. Florentina in Italy, says that she expects the Americans to remain steadfast.

“It’s not something any team wants to have to deal with before a World Cup, but when a team is united by stuff like this I believe it can bring them together more off the pitch, and they can then bring that onto the pitch,” she explained.

“Their players are all pros, so I’ve no doubt they will prepare well and be ready and focused for the World Cup, hopefully with the backing of their federation.”

Equality has long been an issue simmering in the women’s game, and it isn’t going to go away.

Accepting the Diamond Ball for Sweden’s best female player in 2018 at a gala awards dinner, defender Nilla Fischer issued a clarion call to men to get behind the women’s game.

“It’s time to get in the game because equality is something that benefits us all, but it’s something we have to do together,” Fischer said.

(Reporting by Philip O’Connor; Editing by Christian Radnedge)

Source: OANN

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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Al-Qaida in Yemen is vowing to avenge beheadings carried out by Saudi Arabia this week — an indication that some of the 37 Saudis executed on terrorism-related charges were members of the Sunni militant group.

Al-Qaida in the Arabian Peninsula, as the branch is called, posted a statement on militant-linked websites on Friday, accusing the kingdom of offering the blood of the “noble children of the nation just to appease America.”

The statement says al-Qaida will “never forget about their blood and we will avenge them.”

U.S. ally Saudi Arabia on Tuesday executed 37 suspects convicted on terrorism-related charges. Most were believed to be Shiites but at least one was believed to be a Sunni militant.

His body was pinned to a pole in public as a warning to others.

Source: Fox News World

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For two friends with checkered pasts it was the luck of a lifetime: a 4 million-pound ($5.2 million) lottery win.

But Mark Goodram and Jon-Ross Watson may see their celebrations cut short.

The Sun newspaper reports that Britain’s National Lottery is withholding the payout as it investigates whether the men, who have a string of criminal convictions, used illicit means to buy the winning ticket.

The Sun said neither man has a bank account, leading lottery organizers to investigate how they obtained the bank-issued debit card that paid for the 10 pound ($13) scratch card.

Camelot, which runs the lottery, said Friday it couldn’t confirm details of the story because of winner-anonymity rules. The firm said it holds a “thorough investigation” if there is any doubt about a claim.

Source: Fox News World

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