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Leaders of Greece, North Macedonia snap historic selfie

Greek Prime Minister Alexis Tsipras has arrived in North Macedonia on the first official visit by a Greek leader following decades of strained relations between the two Balkan nations.

Outside the country's main government building, Tsipras posed for a selfie with North Macedonia's prime minister, Zoran Zaev.

The former Yugoslav republic officially changed its name earlier this year from Macedonia to North Macedonia, settling a dispute over its name with Greece that lasted nearly three decades.

Tsipras traveled Tuesday with 10 Greek cabinet ministers and business representatives, and is due to sign several friendship agreements to boost cooperation in trade and defense.

North Macedonia is due to become the next member of NATO after Greece dropped its objections.

Source: Fox News World

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The Latest: Jury to decide if man gets death in teen murder

The Latest on the fate of a Pennsylvania man who authorities say raped, murdered and dismembered his girlfriend's daughter (all times local):

10:45 a.m.

A hearing is underway to determine whether a Pennsylvania man who pleaded guilty in the 2016 rape, murder and dismemberment of his girlfriend's teenage daughter will get life or death.

The penalty phase of Jacob Sullivan's trial opened Friday outside Philadelphia. The 46-year-old pleaded guilty to all charges in the 2016 death of 14-year-old Grace Packer. A jury will hear testimony about Sullivan's crimes before deciding on a sentence of either life in prison or death.

Prosecutors have said Grace's adoptive mother, Sara Packer, watched Sullivan act out a rape-murder fantasy they shared. Sara Packer has agreed to plead guilty in the case in exchange for a life sentence.

Sullivan was Sara Packer's boyfriend. His attorneys plan to argue she masterminded the plot.

___

1:05 a.m.

A Pennsylvania jury will decide on life or death for a Pennsylvania man who pleaded guilty in the 2016 rape, murder and dismemberment of his girlfriend's teenage daughter.

Forty-six-year-old Jacob Sullivan pleaded guilty to all charges in the 2016 death of Grace Packer. The penalty phase of his trial opens Friday outside Philadelphia. A jury will hear testimony about Sullivan's crimes before deciding on a sentence of either life in prison or death.

Prosecutors have said that Grace's adoptive mother, Sara Packer, watched Sullivan act out a rape-murder fantasy they shared. Sara Packer has agreed to plead guilty in the case in exchange for a life sentence.

Sullivan was Sara Packer's boyfriend. His attorneys plan to argue that she masterminded the plot.

Source: Fox News National

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Source: InfoWars

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Chevron says Dutch Supreme Court rejects Ecuador’s $9.5 billion claim

FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake

April 16, 2019

(Reuters) – The Supreme Court of the Netherlands dismissed Ecuador’s attempts to annul decisions of an international arbitral tribunal that ordered Ecuador to prevent enforcement of a $9.5 billion judgment against Chevron Corp anywhere in the world, the U.S. oil major said on Tuesday.

Chevron said the Dutch court’s decision upholds rulings of two Dutch lower courts which rejected Ecuador’s attempts to annul those awards.

“The Dutch supreme court found that the challenged arbitral awards are consistent with public policy and justified to prevent irreversible harm to Chevron,” the company said.

Earlier this month, the Supreme Court of Canada had dismissed claims attempting to force Chevron’s Canadian unit to pay the $9.5 billion judgment handed down in Ecuador against the company over pollution in the Andean country.

Residents of Ecuador’s Lago Agrio region have been trying to force Chevron to pay for water and soil contamination caused from 1964 to 1992 by Texaco, which Chevron acquired in 2001.

The villagers obtained a judgment against Chevron in Ecuador in 2011.

The latest decision adds to several court victories that Chevron has won against the plaintiffs and its legal team in this case.

(Reporting by Philip George and Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier)

Source: OANN

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The Latest: 115 reported dead after attack on Malian village

The Latest on the Mali village attack (all times local):

5:35 p.m.

A group representing ethnic Peulhs in central Mali says the provisional death toll from a morning militia attack has risen to 115.

Abdoul Aziz Diallo, president of Tabital Pulaaku, gave the figure Saturday after receiving detailed information from authorities at the scene. Initially, witnesses said at least 40 had been slain.

Diallo said the victims included pregnant women and small children. Another leader of a local Peulh militia said the village chief of Egossagou had also been killed along with some of his grandchildren.

It was not immediately possible to independently corroborate the death toll.

Members of the Dogon group accuse the Peulhs of supporting these jihadists linked to terror groups in the country's north and beyond. Peulhs have in turn accused the Dogon of supporting the Malian army in its effort to stamp out extremism.

___

5:05 p.m.

Witnesses in a central Malian village say at least 40 people have been slain and dozens wounded after an attack blamed on an ethnic militia.

Sekou Allaye Bolly told The Associated Press that the Dogon fighters had descended upon the Peulh village of Egossogou just after 5 a.m. Saturday.

The dead included the village chief and his grandchildren.

The Dogon and Peulh communities have long co-existed in central Mali though the emergence of jihadists from other parts of the country has unraveled the peace between them.

Members of the Dogon group accuse the Peulhs of supporting these jihadists linked to terror groups in the country's north and beyond. Peulhs have in turn accused the Dogon of supporting the Malian army in its effort to stamp out extremism.___

Associated Press writer Krista Larson in Dakar, Senegal, contributed to this story.

Source: Fox News World

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Syrian president visits Iran in rare trip abroad

Syrian state-run media say President Bashar Assad has visited Iran and met with officials there on a rare trip abroad.

SANA said Assad met with Supreme Leader Ayatollah Ali Khamenei and President Hassan Rouhani on the trip — the first time he has traveled anywhere other than Russia since the Syrian civil war erupted nearly eight years ago.

Tehran has given the Syrian government billions of dollars in aid since the conflict began and sent Iran-backed fighters to battle alongside his forces.

Syrian state TV says Assad "thanked the Islamic Republic's leadership and people for what they have given to Syria during the war."

The visit comes a day before a trip by Israeli Prime Minister Benjamin Netanyahu to Russia for talks expected to focus on Iran's role in Syria.

Source: Fox News World

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Euro firms on trade optimism, sterling higher after Brexit vote

FILE PHOTO: Dollar, Euro and Pound banknotes are seen in this picture illustration
FILE PHOTO: Dollar, Euro and Pound banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration

April 4, 2019

By Tomo Uetake

TOKYO (Reuters) – The euro held firm against the dollar on Thursday as hopes of a trade deal between the United States and China bolstered risk appetite globally, while the British pound was buoyed after the UK parliament approved legislation to seek a Brexit delay.

The euro was last up 0.1 percent against the U.S. dollar at $1.1246. The single currency had fallen to its lowest levels in more than three weeks on Tuesday and neared $1.1177, which, if broken, would send the currency to its weakest level since June 2017.

The safe-haven yen touched a two-week low of 111.575 yen to the dollar late on Wednesday. The pair last quoted at 111.425 yen.

Trade talks between the United States and China made “good headway” last week in Beijing and the two sides aim to bridge differences during talks that could extend beyond three days this week, White House economic adviser Larry Kudlow said.

He said China had recognized problems for the first time during the talks that the United States has raised for years, referring to intellectual property theft, forced transfer of technology from U.S. companies doing business in China and others.

Sterling gained on Wednesday as Prime Minister Theresa May sought a Brexit compromise with opposition leader Jeremy Corbyn in a last-ditch effort to end a national crisis.

The lower house of the British parliament on Wednesday approved legislation which would force May to seek a Brexit delay to prevent a potentially disorderly departure on April 12 without a deal.

The pound last stood at $1.3180, up 0.2 percent on the day.

“On the whole, there is a risk-on mood in the market. Upticks in Chinese data and headlines on progress in U.S.-China trade talks are behind this sentiment,” said Kyosuke Suzuki, director of forex at Societe Generale.

“But the market has already priced in expectations that Washington and Beijing will soon reach a deal, so it’s questionable how much further currencies can move.”

U.S. economic data published on Wednesday fell short of market expectations, hindering the U.S. dollar.

Services sector activity hit a more than 19-month low in March and private payrolls grew less than expected, underscoring a loss of momentum in the economy that supports the Federal Reserve’s move to suspend interest rate hikes this year.

The reports on Wednesday came on the heels of some modestly upbeat data earlier in the week, including retail and motor vehicle sales and manufacturing. Investors are worried about a sharp slowdown in economic growth in the first quarter.

(Reporting by Tomo Uetake; Additional reporting by Hideyuki Sano; Editing by Sam Holmes)

Source: OANN

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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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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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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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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