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Rep. Joe Kennedy: DeVos Planned Special Olympics Cuts 'Cruel'

Education Secretary Betsy DeVos' proposed budget that cuts grant funding to the Special Olympics is "cruel, it's misguided, and it's outrageous," Rep. Joe Kennedy, whose great aunt Eunice Kennedy Shriver founded the organization, said Thursday.

"Republicans just passed a tax cut that reduced funding into our coffers and then to say you don't have the money for Special Olympics or autism funding. It's cruel, it's misguided and it's outrageous," the Massachusetts Democrat told CNN's "New Day."

He also said he's confident the cuts will never be approved because of the program's bipartisan, community, international and national support and impact.

"This is an exact example of a program that, between a nonprofit community support and government, is able to lift up those that historically have been left in the shadows throughout our country's history," Kennedy said."Why would the federal government not want to raise those folks up and celebrate them?"

Devos, however, said on Wednesday that the Special Olympics does not need any federal backing, because it can raise private contributions.  

"The federal government cannot fund every worthy program, particularly ones that enjoy robust support from private donations," she said while insisting she supports the Special Olympics.

According to a spokesperson, DeVos donated part of her salary to the Special Olympics last year, and Kennedy said he does appreciate that and hope she continues to support the program.

Source: NewsMax Politics

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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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Children feared dead, trapped inside in Nigeria after 3-story school collapses

Scores of children are feared dead or trapped inside after a three-story school building collapsed during school hours in Lagos, Nigeria, prompting frantic rescue efforts.

Some children were rescued from the rubble by the first-responders, with hundreds of onlookers cheering the efforts as they stood in narrow streets and on rooftops of rusted, corrugated metal.

In this image taken from video rescue workers and emergency teams work at the scene of a building collapse in Lagos, Nigeria, Wednesday March 13, 2019. A three-story building has collapsed in Lagos, and rescuers rush to pull out scores of children thought to be inside. There was no immediate official word on numbers of casualties.

In this image taken from video rescue workers and emergency teams work at the scene of a building collapse in Lagos, Nigeria, Wednesday March 13, 2019. A three-story building has collapsed in Lagos, and rescuers rush to pull out scores of children thought to be inside. There was no immediate official word on numbers of casualties. (AP)

Others volunteered in the rescue operations, jumping into the rubble with hacksaws and mallets in their hands.

MAN NARROWLY AVOIDS FALLING BRICKS AS HE WALKS PAST COLLAPSING BUILDING

So far it remains unclear how many children exactly have died or are still trapped.

“For now we don’t have any word on casualties as we are still busy with rescue work,” said Sani Datti, a spokesman with Nigeria’s National Emergency Management Agency.

“It is believed that many people including children are currently trapped in the building,” another spokesperson for the agency told the BBC.

RESCUE OPERATION IN ISTANBUL AFTER 8-STORY BUILDING COLLAPSES, KILLING ONE, TRAPPING OTHERS UNDER RUBBLE

Emergency services attend the scene after a school building collapsed in Lagos, Nigeria, Wednesday March 13, 2019. Rescue efforts are underway in Nigeria after a three-storey school building collapsed while classes were in session, with some scores of children thought to be inside at the time.

Emergency services attend the scene after a school building collapsed in Lagos, Nigeria, Wednesday March 13, 2019. Rescue efforts are underway in Nigeria after a three-storey school building collapsed while classes were in session, with some scores of children thought to be inside at the time. (AP)

The school was on the top floor of the building in Ita Faji on Lagos Island, Nigeria’s commercial capital and a city of some 20 million people.

Nigeria has been suffering from frequent building collapses due to lack of building regulations that would ensure the safety of the buildings.

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Over 100 people died in 2016 after a church roof collapsed in south of Nigeria.

The Associated Press contributed to this report.

Source: Fox News World

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Fire guts shanties in Bangladesh Rohingya refugee camp

An official says a fire in a sprawling Rohingya refugee camp in southern Bangladesh has destroyed more than two dozen huts and a mosque.

The official in Cox's Bazar district, Mikaruzzman Chowdhury, says no injuries occurred in the fire, which broke out Wednesday in a camp in Kutupalong. He says 28 huts and a mosque were destroyed.

Chowdhury says firefighters were able to douse the blaze before it spread further.

More than 700,000 Rohingya Muslims have fled to Bangladesh from western Myanmar's Rakhine state to escape an army-led crackdown on the minority group that started in August 2017. Critics have described the campaign as ethnic cleansing, or even genocide, on the part of Myanmar security forces.

Source: Fox News World

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Desperate migrant families overwhelm US border agencies

A mother cradled a crying toddler as she waited in line with 20 other women to shower. Dozens of fathers quietly held their children's hands in an enclosure made of chain-link fencing.

While these families were held at an overcrowded Border Patrol processing center, a fresh wave of migrants crossed the nearby river separating the U.S. and Mexico and waited for border agents to bring them to the same facility. One Honduran woman carried a feverish 7-month-old baby.

The cycle is repeated multiple times a day. Waves of desperate families are trying to cross the border almost hourly and entering an overtaxed government detention system.

The Border Patrol has become so overwhelmed in feeding and caring for the migrants that it announced plans this week to start releasing some families onto the street in the Rio Grande Valley to ease overcrowding in the processing center, providing the immigrants with a notice to appear at an upcoming court date.

"We have an unprecedented crisis upon us," Robert Perez, deputy commissioner of U.S. Customs and Border Protection, the Border Patrol's parent agency, said in an interview.

The Border Patrol says it made about 66,000 apprehensions of people crossing the border illegally in February, including 36,000 parents and children, an all-time monthly high.

Immigration authorities expect the number of parents and children to surpass 50,000 in March during the traditional spring spike in migration and potentially reach 180,000 in May, according to two U.S. officials who were not authorized to speak publicly about internal documents.

The Border Patrol ordered expanded medical screenings after the December deaths of two children in its custody. The agency received $30 million to upgrade its South Texas processing center and additional funding to build a similar facility in El Paso.

The autopsy results for Jakelin Caal and Felipe Gomez Alonzo have not yet been released, but Customs and Border Protection has said both children were hospitalized after developing high fevers and nausea.

Children with fevers, colds and the flu arrive daily at the border with their parents and sometimes wait for hours for the Border Patrol to pick them up.

On a recent Thursday, Carmen Mejia's 7-month-old, Lian, was feverish, one of four sick children in her group of 20. His mother had heard about Jakelin and Felipe before leaving her rural town in northern Honduras.

"It made me sad," she said. "But imagine. I'm here, also looking for a future for my son."

Mejia said she hoped to find work to support Lian and two older children she had left behind with her mother.

While she spoke, two more waves of people arrived. The group grew to around 50 before the Border Patrol could load everyone into vans and take them into detention.

Some migrants blamed extortion for forcing them to close small businesses. Others said gangs had killed close relatives and threatened to kill them.

President Donald Trump's administration says most adult border crossers are economic migrants who count on being released if they bring a child and seek asylum. Immigration agency officials have called for Congress to change laws that would allow them to detain more adults and children and deport people from Central America quicker.

Trump's signature solution — and the reason for his declaration of a national emergency — is a border wall, especially in South Texas, where there are comparatively few barriers. But a border wall would not stop families who aren't trying to evade immigration authorities. Those families typically stop after crossing the Rio Grande and wait to be caught.

The Associated Press visited the South Texas processing center where many migrants end up. It's an old warehouse, with overhead lighting that stays on around the clock and chain-link fencing that forms large cages.

Detainees are issued mats and foil blankets to sleep on the concrete floor. Each detainee receives a medical screening.

Dozens of children waited on their own. Many were 10 years of age or older and kept separately from their parents, who are in another wing of the facility at the same time.

Some of the children waiting on their own talked among themselves. Others tried to sleep on mats under the glare of the lights, their foil blankets crinkling.

The facility received worldwide attention last June, during the Trump administration's enforcement of a zero-tolerance policy that led to thousands of family separations. Around 1,100 people were detained at the facility then, many of them children who had been separated from their parents.

The facility opened in 2014 during the Obama administration to address another surge of thousands of unaccompanied teenagers arriving from Central America.

Now the processing center and other facilities in the sector deal with parents bringing young children and pregnant women who sometimes go into labor in detention.

"It isn't meant for families," said Carmen Qualia, an assistant chief patrol agent for the sector. "We're set up for individuals."

Agency guidelines require that parents are detained for no longer than 72 hours before being released or transferred to long-term detention centers with beds and more facilities. The average detention time for families late last week was about 60 hours.

Most families are eventually bused to a Catholic Charities facility in McAllen, where volunteers provide food and medical checkups before taking them to the bus station or airport.

The future of that facility is in jeopardy after McAllen city commissioners last month ordered Catholic Charities to vacate it by May, after complaints from neighbors.

But the Border Patrol is relying on the facility more than ever. While a few hundred people are sent there daily, immigration authorities dropped 800 migrants at Catholic Charities in just one day this week, leading to volunteers posting pleas on social media for donations and help.

Inside a small clinic behind the main building, Dr. Martin Garza listened to the heartbeat and lungs of 1-month-old Cesar Manuel Romero, cradled by his mother, 21-year-old Lily Romero of Honduras. Romero said she gave birth to Cesar on a bus as it passed through Monterrey, Mexico.

After crossing the border, Romero said they were taken to a smaller Border Patrol station — what she and other Spanish-speaking migrants often refer to as "la hielera," or the icebox. She said another woman in custody loaned her a sweater so she could keep Cesar warm because agents had taken many of her belongings.

She said they were given water that was "nearly frozen." Afterward, they were taken to the processing center and eventually released to Catholic Charities.

The Border Patrol says its facilities follow agency detention guidelines and that it investigates any complaints of mistreatment.

Garza said agents and medical professionals inside detention almost always diagnose major illnesses or injuries. But colds and fevers persist, along with conditions that aren't obvious, he said.

"Infants are wheezing. Infants are having trouble breathing, and some of those things may not get picked up," he said.

___

Associated Press writer Colleen Long in Washington contributed to this report.

Source: Fox News National

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The Latest: Person of interest detained in killings probe

The Latest on bodies found at a business in Mandan, North Dakota (all times local):

6:55 p.m.

Police say they have detained a person of interest in their investigation into the killings of four people at North Dakota business.

Mandan police said in a release Thursday evening that investigators are following up on a tip that led them to Washburn, about 35 miles (56 kilometers) north of Mandan.

Police released no further information and say it's an ongoing investigation.

The bodies of an owner and three employees were found early Monday at RJR Maintenance and Management in Mandan, just outside Bismarck. Police haven't said how they were killed or suggested a possible motive.

The North Dakota Bureau of Criminal Investigation and McLean County Sheriff's Office are also investigating the case.

___

10 a.m.

Police have declined to release details of a 911 call that alerted authorities to the killings of four people at a North Dakota business.

The bodies of an owner and three employees were found early Monday at RJR Maintenance and Management in Mandan, just outside Bismarck. Police haven't said how they were killed or suggested a possible motive. They said they haven't identified any suspects.

The Associated Press requested audio and a transcript of the 911 call, but police denied the request Thursday, citing a provision of the state's open records law that allows authorities to withhold such information during an active investigation.

Police did confirm that a Wednesday search in a field about half a mile from the business was related to the investigation. They also created a 24-hour public tip phone line.

___

6:40 a.m.

A combined memorial service will be held for a North Dakota business owner and three employees found slain earlier this week.

The service for Robert Fakler, William and Lois Cobb, and Adam Fuehrer will be held Tuesday morning at Bismarck Community Church.

Their bodies were discovered early Monday at RJR Maintenance and Management in Mandan, a city just across the Missouri River from Bismarck. Police have classified the case as a "multiple homicide," but investigators haven't said how the four died or identified the suspect.

Fakler co-owned the business, while the Cobbs and Fuehrer were employees.

Eastgate Funeral and Cremation Service director Bob Eastgate tells the Bismarck Tribune the families decided to have a combined service because the four were good friends.

The memorial service is open to the public.

Source: Fox News National

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Reel World Witness with Chrissy and Doug Tues and Thurs 10pm Eastern

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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)

Source: OANN

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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)

Source: OANN

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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)

Source: OANN

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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)

Source: OANN

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