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Colorado Catholic dioceses submit to voluntary abuse review

A former federal prosecutor will review the sexual abuse files of Colorado's Roman Catholic dioceses and the church will pay reparations to victims under a voluntary joint effort with the state attorney general.

Attorney General Phil Weiser said Tuesday that his office doesn't have the power to convene a grand jury to investigate as the Pennsylvania attorney general did. However, he said the names of all priests with credible accusations of sexual abuse would be published in a report by former Colorado U.S. Attorney Bob Troyer as would any failures of the church to cooperate in the review.

Denver Archbishop Samuel Aquila said it's a chance to have an honest evaluation of the church's handling of sexual abuse in the past and now and provide justice and healing for victims.

Source: Fox News National

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House Democrat says Trump appeared to influence Whitaker in Cohen case

FILE PHOTO: Acting U.S. Attorney General Whitaker testifies before House Judiciary Committee oversight hearing on Capitol Hill in Washington
FILE PHOTO: Acting U.S. Attorney General Matthew Whitaker testifies before a House Judiciary Committee hearing on oversight of the Justice Department on Capitol Hill in Washington, Feb. 8, 2019. REUTERS/Jonathan Ernst/File Photo

March 20, 2019

By David Morgan

WASHINGTON (Reuters) – A leading House Democrat said on Tuesday that President Donald Trump appears to have influenced former acting U.S. Attorney General Matthew Whitaker to raise doubts about the campaign finance case against Trump’s former lawyer.

U.S. House of Representatives Judiciary Committee Chairman Jerrold Nadler said Whitaker described interactions with Justice Department staff about the case against former Trump lawyer Michael Cohen, which involved hush money payments to women who claimed to have affairs with Trump, during a March 13 closed-door meeting with lawmakers on Capitol Hill.

In a letter on Tuesday to Assistant Assistant Attorney General Steven Engel, Nadler said Whitaker expressed to staff concerns that campaign finance charges against Cohen may have been “specious” and raised “serious questions” about the theory of the case overseen by federal prosecutors in New York.

Whitaker also had concerns about U.S. Attorney Geoffrey Berman’s recusal from the case, saying the terms of the recusal were “convoluted,” according to the letter.

“It is reasonable to believe that this activity – the questions Mr Whitaker asked about Mr Cohen’s case, and the manner in which he asked them – reflected fears about the case that were likely expressed to Mr Whitaker by the president himself,” Nadler said.

Whitaker appeared never to have taken official action to intervene in the Cohen case, Nadler said.

Officials at the Justice Department and White House were not immediately available for comment.

Cohen pleaded guilty in August to orchestrating the hush money payments, which he said Trump directed him to make.

Nadler’s committee, which has jurisdiction over impeachment issues, is trying to determine whether the president has sought to obstruct justice by influencing investigations that involve him.

Trump may have urged Whitaker to Berman in charge of the Cohen case, according to a New York Times report that Trump has denied. Berman, a Trump campaign donor and former law partner of Trump attorney Rudy Giuliani, is recused from the case.

Nadler said his committee has identified individuals who claim to have direct knowledge of conversations between Whitaker and Trump.

But during their meeting on Capitol Hill, Nadler said Whitaker refused to answer questions about any conversations he may have had with Trump “on the basis that the president may one day want to invoke executive privilege.”

Whitaker, who left the Justice Department after Attorney General William Barr’s arrival last month, was appointed acting attorney general without Senate confirmation in November after Trump ousted former Attorney Jeff Sessions.

Democrats feared he could interfere with U.S. Special Counsel Robert Mueller’s investigation into Russian meddling in the 2016 presidential election and possible collusion with the Trump campaign. Nadler said he accepts that Whitaker never gave the White House “any promises or commitments concerning the Special Counsel’s investigation.”

Nadler rejected Whitaker’s decision not to answer questions because of possible executive privilege. He asked Engel, who heads the Justice Department’s Office of Legal Counsel, to determine whether the White House would actually invoke executive privilege.

(Reporting by David Morgan; Editing by Cynthia Osterman)

Source: OANN

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Texas woman gets 15 years in jail for stealing $1.3M from rodeo

A former bookkeeper for the Stockyards Northside Rodeo has been sentenced to prison for stealing $1.3 million from the rodeo over three years.

According to the Tarrant County Criminal District Attorney's Office, D’ann Elizabeth Wagner was given a 15-year sentence after pleading guilty to theft of property over $200,000.

Wagner reportedly used the stolen money to go on vacations, gamble at WinStar Casino, and buy two Harley-Davidson motorcycles.

D'Ann Elizabeth Wagner 

D'Ann Elizabeth Wagner  (Tarrant County Jail)

The Stockyards Championship Rodeo is a popular stop for tourists looking for the Texas experience. Tickets are $25 apiece. And for three years, authorities say Wagner was keeping all of the money from online sales for herself.

Tarrant County Assistant DA Brooke Panuthos specializes in embezzlement and fraud cases. She says the theft happened over the course of three years from January 2014 to March 2017.

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Investigators discovered Wagner had set up a Paypal account on the rodeo’s website. But she had linked her own personal informational and used a debit card from Paypal to spend the money on herself.

“She was the exclusive account holder. It had her name, her date of birth and her social security number,” Panuthos said. “In order for it to be a first-degree felony, the threshold would be over $200,000. So you can image $1.3 million is six times that minimum threshold amount. So pretty significant.”

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Source: Fox News National

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Unilever first-quarter sales top expectations

FILE PHOTO: Unilever headquarters in Rotterdam
FILE PHOTO: Unilever headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw

April 18, 2019

LONDON (Reuters) – Consumer goods giant Unilever reported stronger than expected quarterly underlying sales growth on Thursday, helped by increased prices and volume.

The maker of Dove soap and Ben & Jerry’s ice cream said underlying sales rose 3.1 percent in the first quarter. Analysts on average were expecting a 2.8 percent rise, according to a company-supplied consensus.

Turnover fell 1.6 percent to 12.4 billion euros.

(Reporting by Martinne Geller; Editing by Jan Harvey)

Source: OANN

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Speculation swirls on S Collins’ future with Giants

Los Angeles Rams v New York Giants - NFL International Series
FILE PHOTO: Britain American Football - Los Angeles Rams v New York Giants - NFL International Series - Twickenham Stadium, London, England - 23/10/16. Landon Collins celebrates scoring the first touchdown for the New York Giants. Action Images via Reuters / Matthew Childs

February 20, 2019

Landon Collins, a three-time Pro Bowl safety, might soon be moving on from the New York Giants, according to a report Wednesday from ESPN.

Or not, according to other reports.

Reporter Josina Anderson wrote on Twitter that, “I’m told that Giants S Landon Collins cleaned out his locker today at the team facility and said his goodbyes to teammates, coaches and trainers. It doesn’t seem like Collins expects to be a Giant for much longer, per sources.”

When the New York Post refuted that Collins’ locker had been cleaned out, Collins re-tweeted that post while adding, “The stuff in that locker that I have left I do not need” followed by a “100” symbol.

Mike Garafolo of the NFL Network chimed in, writing that Collins took “personal items” from his locker. According to Garafolo, “He doesn’t expect to be at the facility for a while. Why? The franchise tag he publicly said he doesn’t want. But the smart money remains on Collins with NYG this year.”

Collins, a four-year pro, can become an unrestricted free agent when the new NFL year begins March 13. The Giants have until March 5 to use the franchise tag on him.

Anderson reported Tuesday that sources said the Giants had not been “in active negotiations on a contract extension.”

Collins, 25, ended last season on injured reserve because of torn labrum in his left shoulder. He still led the team with 96 tackles, despite missing the final four games.

Collins has led the Giants in tackles in each of his four seasons after being selected in the second round (33rd overall) in the 2015 NFL Draft out of Alabama. Collins has 428 tackles and eight interceptions in 59 games, all starts.

–Field Level Media

Source: OANN

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The Human Toll of Our Crumbling Infrastructure

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Everyone has a traffic horror story that’s come with a high cost—a missed meeting, family dinner, or the Little League opening pitch.  These are the moments and memories that are lost as we sit imprisoned in our vehicles.  Today, the biggest obstacle that stands between us and the places we work, live and play is thousands of miles of crumbling roads, highways and bridges that are creating bottlenecks and gridlock. 

The problem has reached a tipping point.  Just last month, chunks of falling concrete struck cars traveling under bridges in California and Massachusetts.  We are no longer facing a future highway maintenance crisis.  We’re living it.  In nearly 53 percent of the highway fatalities, the condition of the roadway contributed.  Every day we fail to invest, we’re putting more lives at risk. 

In February, the American Transport Research Institute released its annual list of top 100 bottlenecks in the country that rob us all of time and money. Time wasted sitting in traffic – rather than at work or with our families – has skyrocketed.  The typical commuter spends 42 hours each year sitting in traffic, and motorists now pay an annual average of $1,600 in vehicle repairs, wasted gas and lost time – all as a result of our failing infrastructure. The trucking industry loses 1.2 billion hours of productivity every year because of traffic congestion, which is the equivalent of 425,000 truck drivers sitting idle for an entire year.  That adds $74.5 billion in additional operating costs to the nation’s supply chain – costs that ultimately reach the end consumer. 

Fortunately, our leaders in Washington appear to be inching toward cooperation to fix the problem as House Democrats and the Republican administration have each signaled a desire to find common ground on this issue.  To get there we need an innovative solution.  America’s truckers believe that our nation’s roads and bridges should be paid for by the users that travel on them every day.  While trucks make up just 4% of the vehicles on our nation’s highways, trucking already pays for nearly half of the Highway Trust Fund — and we’re willing to pay more.  That’s why we have proposed the Build America Fund: a five-cent-per-gallon user fee added on to all transportation fuels each year for four years, including diesel, gasoline and natural gas. 

The fee will be applied at the wholesale terminal rack, before the retail gas pump, and indexed to inflation and improvements in fuel efficiency.  The business community, including the trucking industry, will shoulder a large share of the $340 billion that the plan would generate.  

The Build America Fund is the most fiscally conservative proposal, costing less than .01 cent on the dollar to administer.  This is new and real revenue for our nation’s roads and bridges, not fake funding like toll roads, which cost up to .35 cents a dollar for tolling schemes — the very definition of highway robbery.  User fees have seen broad support in the past.  President Reagan twice increased the user fee, which was supported by Democrats and Republicans, organized labor and the business community, as the best way to invest in roads and bridges.  Today, user fees are seeing support from governors in Ohio, Michigan and Alabama and multiple other states in legislation to help shore up their own infrastructure needs.  

The immediate revenue generated from this fund comes at a critical time, as multiple indicators are pointing to a softening of the U.S. economy.  This problem will only be exacerbated if our deteriorating infrastructure prevents us from moving goods quickly and efficiently.  Investment now is essential to sustaining economic growth in the coming years.  

Too often, lawmakers get caught up in the politics, pay-fors and big price tags of fixing our infrastructure, but they often forget the human toll and the wasted time and money that are being bled every day on the roads.  Let’s end the nightmare that Americans are living through and put them on the road to a better future.

Chris Spear is president and CEO of American Trucking Associations.

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Gasly keeping Red Bull busy before season begins: Horner

FILE PHOTO: F1 - Pre Season Testing
FILE PHOTO: Formula One F1 - Pre Season Testing - Circuit de Barcelona-Catalunya, Barcelona, Spain - February 28, 2019 Red Bull's Pierre Gasly during testing REUTERS/Albert Gea

March 9, 2019

By Jack Tarrant

TOKYO (Reuters) – Red Bull driver Pierre Gasly is keeping his new team busy ahead of the 2019 Formula One season, team principal Christian Horner said on Saturday.

Frenchman Gasly, who replaced Daniel Ricciardo at the team, crashed twice during pre-season testing in Barcelona last month, restricting team mate Max Verstappen’s time on track.

Ahead of the start of the new season in Australia next weekend, Gasly is already under pressure to prove he can compete for his new team.

“The team is very busy, with the first race being on the other side of the world, 10,000 miles away, in Australia,” Horner said at an event with new engine partners Honda in Tokyo.

“Pierre has kept the team even busier after his incident last week.”

Gasly, who was seated next to Horner, said: “I need to learn from these mistakes.”

“It wasn’t the best end of the two weeks but I will remember the positives and work on the negatives.

“I think overall, the package, the first feeling with it was great.

“Obviously, I am not feeling as comfortable as I would like with the car and it is my job to set it how I want with the team around me.”

Verstappen and Gasly also thrilled fans by performing doughnuts on the streets of the Japanese capital during a Red Bull promotional event. The drivers were in Tokyo in support of Honda, who will be supply the team with power units this year.

Red Bull parted company with engine partners Renault at the end of 2018.

Horner said the new relationship with Honda was blossoming and that the team were ready to challenge Mercedes and Ferrari in the championship.

“It is the start of a new era for Red Bull Racing with Honda,” he said.

“Everything we have seen from the power unit so far, it’s reliability, it’s performance, the way it is incorporated into the chassis, is extremely encouraging.

“We have had a positive pre-season and are hopeful and optimistic for the season ahead.”

Red Bull, who last won the championship in 2013, finished third overall last season, over 200 points behind winners Mercedes.

“Mercedes, having won five consecutive world championships now, and Ferrari are currently the benchmark,” said Horner.

“But we are confident we are closing that gap and we have all the tools around us to be really able to take the fight to both of those teams and manufacturers.”

The team will now travel to Melbourne ahead of the Australian Grand Prix on March 17.

(Editing by Peter Rutherford)

Source: OANN

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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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