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China’s January-February industrial profits tumble 14 percent year-on-year

A man works in the Tianye Tolian Heavy Industry Co. factory in Qinhuangdao
FILE PHOTO: A man works in the Tianye Tolian Heavy Industry Co. factory in Qinhuangdao in the QHD economic development zone, Hebei province, China December 2, 2016. REUTERS/Thomas Peter

March 27, 2019

BEIJING (Reuters) – Profits earned by China’s industrial firms dropped 14.0 percent year-on-year to 708.01 billion yuan ($105.50 billion)in the first two months of 2019, the statistics bureau said on Wednesday.

The sharp decline follows December’s 1.9 percent fall and marked the biggest contraction since Reuters began keeping records in October 2011.

The data combines figures for January and February to smooth out distortions caused by the week-long China’s Lunar New Year.

Chinese industrial firms’ liabilities rose 6.0 percent from a year earlier to 62.4 trillion yuan by end-February, compared with a 5.2 percent rise as of end-2018.

The data covers large companies with annual revenue of more than 20 million yuan from their main operations.

(Reporting by Beijing Monitoring Desk; Editing by Shri Navaratnam)

Source: OANN

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Fire breaks out at top of Notre Dame Cathedral in Paris

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

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

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

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

Source: Fox News World

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Indonesia officials warn against post-election disorder

Indonesia's top security minister and its military and police chiefs say they will crack down decisively on any attempts to disrupt public order while official results from presidential and legislative elections are tabulated.

Preliminary results show President Joko Widodo has comfortably won a second term, but his challenger Prabowo Subianto is claiming victory, repeating his tactics following his 2014 loss to Widodo.

Security minister Wiranto, who uses a single name, held a press conference Thursday with police and military chiefs and said security forces will "act decisively" against any threats to order and security.

He said the voter turnout of 80.5% gives the winner of the presidential election "high legitimacy." The Election Commission is required to release official results by May 22.

Source: Fox News World

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One person dies as police clash with protesters at Indian aluminum plant

FILE PHOTO: A view of Vedanta Limited alumina refinery is seen in Lanjigarh
FILE PHOTO: A view of Vedanta Limited alumina refinery is seen in Lanjigarh in the eastern state of Odisha, India, June 5, 2018. REUTERS/Krishna N. Das/File Photo

March 18, 2019

NEW DELHI (Reuters) – At least one person died in clashes between police and protesters outside Vedanta Ltd’s aluminum plant in the eastern state of Odisha, the company said on Monday.

The incident comes less than a year after police opened fire on demonstrators protesting against the operation of another Vedanta plant, its copper smelter in Thoothukudi in Tamil Nadu state, killing 13 people.

Vedanta said in a statement to Reuters that one person had died and more people had been injured in the clashes outside its Lanjigarh plant.

“As per the update from the hospital, one of the injured protesters lost his life,” Vedanta said in a statement to Reuters.

“The local Odisha Industrial Security Force personnel (OISF), who intervened were attacked by the protesters during which some protesters and OISF personnel got injured,” the company said, referring to a state security force that is under police command.

Vedanta did not comment on what the demands of the protesters were. Media in Odisha reported that they had been agitating for jobs for local people.

(Reporting by Sudarshan Varadhan; Editing by Martin Howell & Simon Cameron-Moore)

Source: OANN

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Indian court orders 1 million to vacate forest land

India's top court has ordered more than a dozen states to evict nearly 1 million people from forest land as they have their failed to prove ownership claims.

Most people belong to marginalized tribal communities who consider these areas as their homes.

The Supreme Court says the eviction must be carried out within five months.

The court order was released on Feb. 20. The case is based on petitions filed by some wildlife conservation groups and others calling for the evictions.

Ministry of Tribal Affairs Secretary Deepak Khandekar said about 1.9 million claims have been upheld by state governments.

The Times of India newspaper reported the ministry will soon meet with officials from 16 of 29 Indian states to discuss how to deal with the eviction issue.

Source: Fox News World

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Trump says China’s Xi will soon come to White House

U.S. President Trump speaks at the Rx Drug Abuse & Heroin Summit in Atlanta, Georgia
FILE PHOTO: U.S. President Donald Trump departs after delivering remarks at the Rx Drug Abuse & Heroin Summit in Atlanta, Georgia, U.S., April 24, 2019. REUTERS/Leah Millis

April 25, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday he will soon host Chinese leader Xi Jinping at the White House, setting the stage for a possible agreement on trade between the world’s two largest economies.

The White House said on Tuesday that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will travel to Beijing for additional talks on a trade dispute that has led to tit-for-tat tariffs between the two countries.

(Reporting by Jeff Mason; Writing by Doina Chiacu; Editing by Tim Ahmann)

Source: OANN

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Instagram model, 26, who was caught kicking small dog on video gets probation

An Instagram model avoided prison time nearly two years after she was caught on surveillance video viciously kicking her dog, who she called her "best friend," in an elevator, a report said.

Keevonna Wilson, 26, agreed to a plea deal that sentenced her to four years of probation, ordered her to pay a $600 fine and write a letter to the court addressing the animal abuse, the Miami Herald reported. Wilson won’t be convicted of animal cruelty after a judge granted her a “withhold of adjudication” on the charge.

Wilson was charged with animal cruelty in September 2017 after she was captured on video repeatedly kicking her small Shih Tzu-Yorkie mix named Chastity while they were inside an elevator in her apartment building in Aventura, Fla.

FLORIDA SHERIFF’S OFFICE SHARES VIOLENT VIDEO OF DEPUTY’S CAR GETTING ‘SLAMMED INTO’

The dog suffered bruises on her stomach. Chastity was removed by Miami-Dade Animal Services and put up for adoption.

Wilson later said she was angry at her dog for peeing in the elevator. Her lawyer also said that Wilson, who runs the Instagram flawlessworld, wasn’t trying to seriously hurt her pet.

The Instagram model addressed the animal cruelty case on her Instagram on Saturday, saying she “wholeheartedly apologize to anyone that was affected by [her] bad choices.”

“My actions was despicable and downright uncalled for. I was completely hurt by my choise that day. I should’ve never allowed by anger issues to dictate how I would treat my own defenseless dog,” she wrote in a lengthy statement.

750-POUND ALLIGATOR IN FLORIDA REMOVED FROM PARK BY POLICE

Wilson said she took anger management classes following the incident to deal with her “internal issues.”

“I took anger management classes because I wanted to deal with the root of why I reacted in such a horrible way. I’ve lost my best fiend [sic] (My dog) because my anger issues. I’ll let this be a lesson to myself and others when it comes to anger issues,” she wrote. “Get help before it’s too late and you do something horrible. I have to deal with my bad choices for the rest of my life.”

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Wilson said she’s discussing the case nearly two years later because it has been resolved. She also vowed to help animals who have been abused and give her 54,000 followers updates on her progress.

“I went through the system and paid legally for my wrongs; now I will take it a step further and help dogs who’s experience abuse,” she concluded her statement.

Wilson also posted a video that appeared to be Chastity with the caption: "I'll always love her."

Source: Fox News National

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FILE PHOTO - A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat
FILE PHOTO: A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave/File Photo

April 26, 2019

(Reuters) – India has once again delayed the implementation of higher tariffs on some goods imported from the United States to May 15, a government official said on Friday.

The new tariff structure was to come into force from May 2, the spokeswoman said without citing reasons for the delay.

Angered by Washington’s refusal to exempt it from new steel and aluminum tariffs, New Delhi decided in June last year to raise the import tax from Aug. 4 on some U.S. products including almonds, walnuts and apples.

But since then, New Delhi has repeatedly delayed the implementation of the new tariff.

Trade friction between India and the U.S. has escalated after U.S. President Donald Trump announced plans earlier this year to end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to the United States.

In a further blow, U.S. on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions, ending six months of waivers which allowed Iran’s eight biggest buyers including India to continue importing limited volumes.

(Reporting by Manoj Kumar in New Delhi and Kanishka Singh in Bengaluru; Editing by Anil D’Silva and Raissa Kasolowsky)

Source: OANN

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One of Joe Biden’s newly-hired senior advisers has seemingly had a very recent change of heart.

Symone Sanders, a prominent Democratic strategist and Sen. Bernie Sanders, I-Vt., staffer in 2016, was announced as one of the big-name members of Team Biden on Thursday.

But Sanders, who has also served as a CNN contributor, is seen in resurfaced footage from November 2016 expressing her opposition to a white person leading her party after Donald Trump’s election.

“In my opinion, we don’t need white people leading the Democratic party right now,” Sanders told host Brianna Keilar during a discussion on Howard Dean potentially becoming DNC chairman.

BIDEN HIRES FORMER BERNIE SANDERS’ SPOKESPERSON AS SENIOR ADVISER

“The Democratic party is diverse, and it should be reflected as so in leadership and throughout the staff, at the highest levels. From the vice chairs to the secretaries all the way down to the people working in the offices at the DNC,” she said.

Sanders wrapped up her remarks by saying: “I want to hear more from everybody. I want to hear from the millennials and the brown folks.”

Footage of the interview was resurfaced by RealClearPolitics.

After news of her hiring broke on Thursday, Sanders backed her new boss on Twitter.

TRUMP ASSESSES 2020 DEMS; TAKES SWIPES AT BIDEN, SANDERS; DISMISSES HARRIS, O’ROURKE; SAYS HE’S ROOTING FOR BUTTIGIEG

“@JoeBiden & @DrBiden are a class act. Over the course of this campaign, Vice President Biden is going to make his case to the American ppl. He won’t always be perfect, but I believe he will get it right,” she wrote.

The hiring of Sanders has been viewed as another indication of the expected tough fight that Biden and Sanders are in for as the two frontrunners battle a deep Democratic field.

While Sanders himself didn’t torch Biden as he jumped into the race, it’s clear that many of his progressive supporters view the former vice president as a threat.

Biden’s entry into the race – at least in the early going – sets up a battle between himself and Sanders, who thanks to his fierce fight with eventual nominee Hillary Clinton for the 2016 Democratic nomination, enjoys name ID on the level of the former vice president.

BIDEN VOWS THAT ‘AMERICA IS COMING BACK,’ SPARKING ‘MAGA’ COMPARISONS

Justice Democrats — who also called Biden “out-of-touch” – is an increasingly influential group among the left of the party. They’ve championed progressive Rep. Alexandria Ocasio-Cortez of New York as well as Sanders. The group was founded by members of Sanders 2016 presidential campaign.

Biden has pushed back against the perception that he’s a moderate in a party that’s increasingly moving to the left. Earlier this month he described himself as an “Obama-Biden Democrat.”

And Biden said he’d stack his record against “anybody who has run or who is running now or who will run.”

Former Democratic National Committee chair Donna Brazile – a Fox News contributor – highlighted that “Joe Biden can occupy his own lane in large part because he’s earned it. He’s earned the right to call himself whatever.”

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But she emphasized that “elections are not about the past, they’re about the future…I do believe he has the right ingredients. The question is can he find enough people to help him stir the pot.”

Fox News Andrew O’Reilly contributed to this report.

Source: Fox News Politics

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Baltimore Mayor Catherine Pugh, who is facing increased calls for her immediate resignation, remains in poor health and is not “lucid” enough to decide whether to step down, her attorney told reporters late Thursday.

Steve Silverman, speaking outside one of Pugh’s residences which was raided by the FBI and IRS earlier in the day, said the embattled city leader could make a decision as early as next week.

“She is leaning toward making the best decision in the best interest in the citizens of Baltimore City,” he said, adding that Pugh has “several options” to consider.

“She just needs to be physically and mentally sound and lucid enough to make appropriate decisions.”

BALTIMORE MAYOR CATHERINE PUGH, ON LEAVE AMID BOOK PROBE, HAS HOMES AND CITY HALL OFFICE RAIDED BY FEDS

Silverman said Pugh met with a doctor at home Thursday and plans to do so again Friday, the Baltimore Sun reported.

In the latest image-tarnishing scandal for struggling Baltimore, the first-term Democratic mayor faces accusations that she used children’s book deals to cover up kickbacks for favorable treatment as a state lawmaker and city leader that earned her roughly $800,000 over several years.

BALTIMORE’S ACTING MAYOR SAYS HE ‘WOULD HATE TO SEE’ EMBATTLED MAYOR RETURN AFTER BOOK SCANDALS

As a state senator, 69-year-old Pugh sold $500,000 worth of her self-published “Healthy Holly” illustrated paperbacks to the University of Maryland Medical System, a major state employer whose board she sat on for nearly 20 years.

Baltimore police officers stand outside the house of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Pugh and also in City Hall. (AP Photo/Jose Luis Magana)

Baltimore police officers stand outside the house of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Pugh and also in City Hall. (AP Photo/Jose Luis Magana)

UMMS reportedly paid Pugh for 100,000 copies of her books between 2011 and 2018 with the stated intention of distributing the books to schools and day care centers. But some 50,000 copies remain unaccounted for and officials are probing if they were even printed.

Pugh also made $300,000 in bulk sales to other customers including health carriers that did business with the city of Baltimore.

BALTIMORE CITY COUNCIL CALLS ON EMBATTLED MAYOR CATHERINE PUGH TO RESIGN IMMEDIATELY

The politically isolated Pugh slipped out of sight on April 1 after a hastily organized press conference where she called her no-contract book deals a “regrettable mistake.” That same day, Maryland’s governor called on the state prosecutor to investigate allegations of “self-dealing.”

Pugh took an indefinite leave of absence, citing her health deteriorating intensely after a bout with pneumonia.

Federal agents arrive at the Maryland Center for Adult Training in Baltimore. MD, Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall, as well as the office of her lawyer and the home of a top aide.

Federal agents arrive at the Maryland Center for Adult Training in Baltimore. MD, Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall, as well as the office of her lawyer and the home of a top aide. (Loyd Fox/Baltimore Sun via AP)

On Thursday morning, agents with the FBI and IRS searched her two Baltimore homes, her City Hall offices, and a nonprofit organization she once led. The home of at least one of Pugh’s aides was also scoured.

Silverman said federal agents also served a subpoena at his law firm, retrieving Pugh’s original financial records. They did not seek any attorney-client privileged communications, he said.

Pugh’s attorney said she was “emotionally extremely distraught” following the searches by FBI and IRS agents.

“There was nothing incriminating that came out of her home,” Silverman said.

UMMS spokesman Michael Schwartzberg told reporters that the medical system received a grand jury witness subpoena seeking documents and information related to Pugh.

Other probes against Pugh include a review by the city ethics board and the Maryland Insurance Administration.

BALTIMORE MAYOR’S $500G DEAL FOR ‘HEALTHY HOLLY’ CHILDREN’S BOOKS DRAWS SCRUTINY

In recent weeks, the calls for Pugh’s resignation have intensified with the strongest voice coming from Republican Gov. Larry Hogan, who did not mince words after Thursday’s early morning raids.

“Now more than ever, Baltimore City needs strong and responsible leadership. Mayor Pugh has lost the public trust,” he said. “She is clearly not fit to lead. For the good of the city, Mayor Pugh must resign.”

Federal Bureau of Investigation, and Internal Revenue Service agents search the home of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall.

Federal Bureau of Investigation, and Internal Revenue Service agents search the home of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall. (Jerry Jackson/Baltimore Sun via AP)

Many of her fellow Democrats, including those on Baltimore’s demoralized City Council and state lawmakers, are also insisting that Pugh put the citizens’ interests above any attempt to preserve her political career.

City Council member Brandon Scott called the Thursday raids “an embarrassment to the city.”

However, only a conviction can trigger a mayor’s removal from office, according to the city solicitor. Baltimore’s mayor-friendly City Charter currently provides no options for ousting its executive.

Six of Pugh’s staffers joined her on paid leave earlier this month; three of them were fired this week by the acting mayor.

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Pugh came to office in late 2016 after edging out ex-Mayor Sheila Dixon, who had spent much of her tenure fighting corruption charges before being forced to depart office in 2010 as part of a plea deal connected to the misappropriation of about $500 in gift cards meant for needy families.

She would certainly face a bruising 2020 Democratic primary if she were to return and run for reelection. Veteran City Council leader Bernard “Jack” Young, who is serving as acting mayor, said as she went on leave that he would merely be a placeholder. But this week, before the raids, he said “it could be devastating for her” if she tried to return.

The Associated Press contributed to this report.

Source: Fox News National

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FILE PHOTO: Cases of Pepsi are shown for sale at a store in Carlsbad
FILE PHOTO: Cases of Pepsi are shown for sale at a store in Carlsbad, California, U.S., April 22, 2017. REUTERS/Mike Blake/File Photo

April 26, 2019

By Amit Dave and Mayank Bhardwaj

AHMEDABAD/NEW DELHI (Reuters) – PepsiCo Inc has sued four Indian farmers for cultivating a potato variety that the snack food and drinks maker claims infringes its patent, the company and the growers said on Friday.

Pepsi has sued the farmers for cultivating the FC5 potato variety, exclusively grown for its popular Lay’s potato chips. The FC5 variety has a lower moisture content required to make snacks such as potato chips.

PepsiCo is seeking more than 10 million rupees ($142,840.82) each for alleged patent infringement.

The farmers grow potatoes in the western state of Gujarat, a leading producer of India’s most consumed vegetable.

“We have been growing potatoes for a long time and we didn’t face this problem ever, as we’ve mostly been using the seeds saved from one harvest to plant the next year’s crop,” said Bipin Patel, one of the four farmers sued by Pepsi.

Patel did not say how he came by the PepsiCo variety.

A court in Ahmedabad, the business hub of Gujarat, on Friday agreed to hear the case on June 12, said Anand Yagnik, the lawyer for the farmers.

“In this instance, we took judicial recourse against people who were illegally dealing in our registered variety,” A PepsiCo India spokesman said. “This was done to protect our rights and safeguard the larger interest of farmers that are engaged with us and who are using and benefiting from seeds of our registered variety.”

PepsiCo, which set up its first potato chips plant in India in 1989, supplies the FC5 potato variety to a group of farmers who in turn sell their produce to the company at a fixed price.

The All India Kisan Sabha, or All India Farmers’ Forum, has asked the Indian government to protect the farmers.

The farmers’ forum has also called for a boycott of PepsiCo’s Lay’s chips and the company’s other products.

The Ministry of Agriculture & Farmers’ Welfare did not immediately respond to an email seeking comment.

PepsiCo is the second major U.S. company in India to face issues over patent infringement.

Stung by a long-standing intellectual property dispute, seed maker Monsanto, which is now owned by German drugmaker Bayer AG, withdrew from some businesses in India over a cotton-seed dispute with farmers, Reuters reported in 2017. (reut.rs/2ncBknn)

(Reporting by Amit Dave in AHMEDABAD and Mayank Bhardwaj in NEW DELHI; Editing by Martin Howell and Louise Heavens)

Source: OANN

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FILE PHOTO: The Archer Daniels Midland Co (ADM) logo is displayed on a screen on the floor of the NYSE in New York
FILE PHOTO: The Archer Daniels Midland Co (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. REUTERS/Brendan McDermid/File Photo

April 26, 2019

By P.J. Huffstutter and Shradha Singh

CHICAGO/BENGALURU (Reuters) – Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant’s profit, which tumbled 41 percent in the first quarter.

ADM said it was creating an ethanol subsidiary, which will include dry mills in Columbus, Nebraska; Cedar Rapids, Iowa; and Peoria, Illinois.

The ethanol subsidiary will report as an independent segment, the company said, allowing options “which may include, but are not limited to, a potential spin-off of the business to existing ADM shareholders.”

Results were hit by the “bomb cyclone” blizzards that devastated the Midwest and Great Plains this year, causing massive flooding across Nebraska, Iowa and Missouri, washing out rail lines and wreaking havoc in the moving and processing of corn, soybeans and wheat. One-sixth of U.S. ethanol production was halted.

In March, ADM warned Wall Street that flooding and severe winter weather in the U.S. Midwest would reduce its first-quarter operating profit by $50 million to $60 million.

“The first quarter proved more challenging than initially expected,” said Chairman and Chief Executive Officer Juan Luciano, with earnings down in its starches, sweeteners and bioproducts unit. Luciano said impacts of the severe weather ultimately “were on the high side of our initial estimates”.

Ongoing problems in the ethanol industry added to the problems and “limited margins and opportunities” for ADM, Luciano said.

The ethanol industry has been in the midst of a historic downswing due to the U.S.-China trade war, excess domestic supply and weak margins.

ADM, which had been an ethanol pioneer, signaled to Wall Street in 2016 that it was hunting for options and considering sales of its U.S. dry ethanol mills. Luciano told Reuters this year that offers ADM had received for the mills were too low.

In addition, ADM said it planned to repurpose its corn wet mill in Marshall, Minnesota, to produce higher volumes of food and industrial-grade starches.

Other major traders are alsy trying to distance themselves from struggling ethanol businesses. Louis Dreyfus Company BV spun off its Brazilian sugar and ethanol business Biosev in 2013. Rival Bunge sold its sugar book and has sought a buyer for its Brazilian mills since 2013.

ADM, which makes money trading, processing and transporting crops, such as corn, soybeans and wheat, has been looking to strengthen its core business. Last month it said it would seek voluntary early retirements of some North American employees and cut jobs as part of a restructuring effort.

The company expects to lower 2019 capital spending by 10 percent to between $800 million and $900 million.

Net earnings attributable to the company fell to $233 million, or 41 cents per share, in the three months ended March 31, from $393 million, or 70 cents per share, a year earlier.

Revenue fell to $15.30 billion from $15.53 billion. On an adjusted basis, the company earned 46 cents per share, while analysts on average had estimated 60 cents, according to IBES data from Refinitiv.

(Reporting by Shradha Singh in Bengaluru; Editing by Shounak Dasgupta, Chizu Nomiyama and David Gregorio)

Source: OANN

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