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Man who wanted to return to jail gets probation for robbery

A Missouri man who robbed a restaurant then waited for police to arrive so he could return to jail and avoid homelessness has been sentenced to five years of probation.

The St. Louis Post-Dispatch reports that 58-year-old Paul Borroni pleaded guilty Monday to first-degree robbery of a Clayton restaurant last year. Borroni had spent almost four decades in prison prior to the arrest and was struggling to settle on the outside.

Borroni's attorney says Borroni changed his mind about wanting to return to prison after realizing he's capable of turning his life around.

The judge sentenced Borroni to 15 years in prison, but suspended the sentence and put him on probation, saying he must pursue job training and mental health treatment to avoid being put back behinds bars.

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Information from: St. Louis Post-Dispatch, http://www.stltoday.com

Source: Fox News National

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Cathay Pacific says budget airline would serve ‘unique market segment’

FILE PHOTO: A Cathay Pacific self check-in machine is displayed at Hong Kong Airport
FILE PHOTO: A Cathay Pacific self check-in machine is displayed at Hong Kong Airport in Hong Kong, China, April 4, 2018. REUTERS/Bobby Yip/File Photo

March 18, 2019

By Jamie Freed

SINGAPORE (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a “unique market segment” it does not capture at present, Chief Executive Rupert Hogg said on Monday.

Cathay this month said it was in “active discussions” to acquire the airline controlled by HNA Group Co Ltd.

That would boost revenue and give Cathay access to the growing low-cost travel market at a time when a lack of slots at Hong Kong International Airport has constrained its ability to follow peers like Singapore Airlines Ltd and Qantas Airways Ltd and set up its own budget brand.

“It does interest us,” Hogg told Reuters of the budget airline sector during an interview in Singapore. “We watch Singapore Airlines and Scoot; we can see they are trying to get connectivity between them.”

He declined to comment on the status of talks to acquire Hong Kong Express but said the low prices offered by budget carriers helped to stimulate new travel demand, making it a “unique market segment”.

The potential acquisition comes as Cathay faces a more challenging outlook for revenue growth, according to Hogg.

Higher airfare and cargo rates pushed revenue up 14.2 percent in 2018, helping the airline last week report a swing to a $300 million profit after two years of loss as a turnaround plan helped it cut costs and increase income.

“We’ve had great revenue growth, both cargo and passenger,” he said. “As we look forward we can see the sort of gains in percentage growth terms that we’ve had, by definition it is more difficult to achieve that.”

The 18 analysts polled by Refinitiv I/B/E/S on average expect revenue at the airline to grow 3 percent to HK$114.3 billion ($14.56 billion) in 2019.

Hogg said the airline was investing in technology to better handle schedule disruptions and product improvements such as better meals to help drive passenger revenue growth, but the macro-economic environment was weaker than last year.

“There is a lot of uncertainty,” he said. “Uncertainty is definitely bad for corporate sentiment and investment and travel. And it is bad for consumer sentiment.”

Cargo volume is also weaker than at the same time last year, falling 5.2 percent in January due to a slower Lunar New Year rush than the prior year.

($1 = 7.8495 Hong Kong dollars)

(Reporting by Jamie Freed; Editing by Christopher Cushing)

Source: OANN

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ECB says Slovene bank rescue damages proposal breaks state aid rules

FILE PHOTO: Sign of the European central Bank (ECB) is seen ahead of the news conference on the outcome of the Governing Council meeting, outside the ECB headquarters in Frankfurt
FILE PHOTO: Sign of the European central Bank (ECB) is seen ahead of the news conference on the outcome of the Governing Council meeting, outside the ECB headquarters in Frankfurt, Germany, March 7, 2019. REUTERS/Kai Pfaffenbach/File Photo

April 8, 2019

LJUBLJANA (Reuters) – A proposal by Slovenia’s government that would make the national central bank liable for any damages arising from court cases related to the 2013 rescue of the country’s banks would breach European Union rules, the European Central Bank has said.

In a March 27 opinion that has now been published, the ECB said: “A requirement that Bank of Slovenia must pay compensation for damages … would not be in line with the monetary financing prohibition” that prevents central banks funding governments.

In 2013, more than 3 billion euros ($3.38 billion) was poured into Slovenia’s mostly state-owned banks to prevent them from collapsing under a mountain of bad loans.

The process, which was led by the Bank of Slovenia in coordination with the government, the European Commission and the ECB, saw 600 million euros of subordinated bonds and bank shares held by around 100,000 investors scrapped.

Many of those bondholders and shareholders are now suing the banks and the central bank to get their money back, although no rulings have yet been finalised.

The finance ministry proposed a law in February under which the central bank would pay any damages related to the rescue. That followed a 2016 ruling by the Constitutional Court that parliament should give greater legal protection to holders of the scrapped bonds and shares.

The central bank says the proposed change would break EU and Slovenian law, and Governor Bostjan Vasle urged Prime Minister Marjan Sarec on Monday to find another solution.

The finance ministry was not immediately available for comment on Monday but told Reuters last month it will take into account reactions to the proposed law before presenting a final draft.

(Reporting By Marja Novak; Editing by Catherine Evans)

Source: OANN

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Venezuela’s Guaido to lead convoy to Colombia border to receive aid

Venezuela's Guaido attends a news conference to mark the 5th anniversary of the arrest of the opposition leader Leopoldo Lopez in Caracas
Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, attends a news conference to mark the 5th anniversary of the arrest of the opposition leader Leopoldo Lopez in Caracas, Venezuela February 18, 2019. REUTERS/Manaure Quintero

February 21, 2019

By Angus Berwick and Vivian Sequera

CARACAS (Reuters) – Venezuelan opposition leader Juan Guaido plans to head to the Colombian border in a convoy of vehicles on Thursday to receive humanitarian aid for his crisis-stricken nation, despite the objection of increasingly isolated President Nicolas Maduro.

Guaido, recognized by dozens of countries as Venezuela’s legitimate head of state, said the opposition plans to bring in aid by land and sea on Saturday to alleviate severe and widespread shortages of food and medicine.

He will undertake the 800-kilometer (497-mile) road trip from Caracas in the company of some 80 lawmakers from the opposition-controlled congress, which he leads, opposition legislators said.

Guaido invoked the constitution to assume an interim presidency on Jan 23.

“Through this call for humanitarian aid, the population will benefit from the arrival of these goods to the Venezuelan border,” said opposition legislator Edgar Zambrano, as he waited in a plaza of eastern Caracas with other lawmakers to board buses.

Maduro’s government denies there is an economic crisis and has said soldiers would remain stationed along the country’s borders to prevent potential incursions.

He accuses the Trump administration, which is supporting the relief effort but has also levied crippling sanctions against his government, of seeking to force his ouster.

It’s still unclear how Guaido plans to bring in the aid. Opposition figures have suggested forming human chains across the Colombian border to pass aid packages from person to person and fleets of boats arriving from the Dutch Caribbean islands.

The United States has sent tons of aid to Colombia’s border with Venezuela, which Maduro has mocked as a “cheap show.” Maduro’s vice president, Delcy Rodriguez, has alleged the aid is poisonous and could lead to cancer.

On Wednesday, Maduro’s socialist administration said it had closed the country’s maritime border with the Dutch Caribbean islands of Aruba, Curacao and Bonaire, after Curacao’s government said it would help store aid destined for Venezuela.

(Reporting by Angus Berwick; Editing by Bernadette Baum)

Source: OANN

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Lawmakers Quit UK Labour Party Citing Takeover By Radical Left

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Campenaerts breaks Wiggins’ one-hour record in Mexico

Belgium's Victor Campenaerts takes the hour record in Aguascalientes, Mexico
Cycling - Belgium's Victor Campenaerts takes the hour record at the Velodromo Bicentenario in Aguascalientes, Mexico, April 16, 2019 Belgium's Victor Campenaerts pedals during his attempt to break cycling's hour record REUTERS/Liberto Urena

April 16, 2019

(Reuters) – Belgian Victor Campenaerts broke Bradley Wiggins’ UCI hour record at Mexico’s Velodromo Bicentenario on Tuesday.

The 27-year-old Flemish rider, who has won the last two European time trial titles, covered 55.089 kilometers.

That effort topped the mark previously set in June 2015 when five-times Olympic champion and Tour de France winner Wiggins completed a distance of 54.526 km at London’s Lee Valley VeloPark.

“I am happy I broke the magic mark of 55 kilometers,” said Lotto-Soudal rider Campenaerts.

“It was super hard, I was a bit optimistic in the first 30 minutes and then I said myself I had to slow down a bit the pace, but even with that I think I was faster than Wiggins in all parts.

“The team gave me all the confidence I needed and I was able to answer them the right way.”

The Bicentenario velodrome in Aguascalientes sits at an altitude of 1,800m and has hosted several track-record bids.

To prepare, Campenaerts spent two months in Namibia for altitude training, took part in the Tirreno-Adriatico — his only early-season race — before flying to Mexico at the end of March to acclimatise himself and complete his preparations.

“We’ve seen a superb performance,” said UCI President David Lappartient. “Well done to Victor, who had an amazing ride and showed his consistency from the start right through to the end of his attempt, a key factor in his success.”

(Reporting by Frank Pingue in Toronto; Editing by Toby Davis)

Source: OANN

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U.S. 30-year mortgage rates rise in latest week: Freddie Mac

FILE PHOTO: Sold homes are seen in the southwest area of Portland
FILE PHOTO: Sold homes are seen in the southwest area of Portland, Oregon March 20, 2014. REUTERS/Steve Dipaola/File Photo

April 11, 2019

NEW YORK (Reuters) – Interest rates on U.S. 30-year fixed-rate mortgages rose for a second week in step with higher bond yields due to less pessimism about global economic growth, Freddie Mac said on Thursday.

Thirty-year mortgage rates averaged 4.12% in the week ended April 11, up from the previous week’s 4.08%. Two weeks earlier, they fell to 4.06%, which was the lowest since Jan. 18, 2018, the mortgage finance agency said.

(Reporting by Richard Leong)

Source: OANN

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Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

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Funeral of journalist Lyra McKee in Belfast
Labour Party leader Jeremy Corbyn attends the funeral service for murdered journalist Lyra McKee at St Anne’s Cathedral in Belfast, Northern Ireland April 24, 2019. Brian Lawless/Pool via REUTERS

April 26, 2019

LONDON (Reuters) – The leader of Britain’s opposition Labour Party, Jeremy Corbyn, said on Friday he had turned down an invitation to a state dinner which will be part of U.S. President Donald Trump’s visit to Britain in June.

“Theresa May should not be rolling out the red carpet for a state visit to honor a president who rips up vital international treaties, backs climate change denial and uses racist and misogynist rhetoric,” Corbyn said in a statement.

He said maintaining the relationship with the United States did not require “the pomp and ceremony of a state visit” and he said he would welcome a meeting with Trump “to discuss all matters of interest.”

(Reporting by Andy Bruce; Writing by William Schomberg)

Source: OANN

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Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli
Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli, Libya April 25, 2019. REUTERS/Hani Amara

April 26, 2019

By Ulf Laessing

TRIPOLI (Reuters) – Libya’s U.N.-recognized government has budgeted up to 2 billion dinars ($1.43 billion) to cover costs of a three-week-old war for control of the capital, such as treatment for the wounded, to be funded without new borrowing, the economy minister said.

Ali Abdulaziz Issawi suggested the government hoped for business to continue more or less as usual despite the assault on Tripoli, in the country’s northwest, by forces tied to a parallel administration based in the eastern city of Benghazi.

Once Africa’s third largest producer of oil, Libya has been riven by factional conflict since the fall of Muammar Gaddafi in 2011, with the country now broadly split between eastern-based forces under Khalifa Haftar and the U.N.-backed government in Tripoli, in the west, under Prime Minister Fayez al-Serraj.

Still, with Haftar’s Libyan National Army forces unable so far to pierce defenses in Tripoli’s southern suburbs, normal life and business activities continue in much of the capital and western coastal towns.

Issawi, in an interview with Reuters in his Tripoli office, also said Libya’s commercial ports and wheat imports were still functioning normally, although some roads have been blocked.

He said the Serraj government estimates it will spend up to 2 billion dinars extra on medical treatment for wounded, aid for displaced people and other “emergency” war costs.

He said this was not military spending but analysts believe that the sum will also cover expenditures such as pay for allied armed groups or food for fighters.

“We could actually spend less,” he added, in comments that gave the first insight into the economic impact of the fighting.

Issawi said the Tripoli government, which controls little territory beyond the greater capital region, would not incur new debt to fund the war costs, sticking to a plan to post a 2019 budget without a deficit.

Tripoli derives revenue largely from oil and natural gas production, interest-free loans from local banks to the central bank, and a 183 percent surcharge on foreign exchange transactions conducted at official rates.

But with centralized tax collection greatly diminished, public debt has piled up – to 68 billion dinars in the west, including unpaid state obligations such as social insurance.

Some analysts expect Serraj’s government will be forced to raise new debt if the war for control of Tripoli drags on.

With much of Libya dominated by armed factions that also act as security forces, the public wage bill for both the western and eastern administrations has soared as fighters have been made public employees in efforts to buy their loyalty.

The east has sold bonds worth 35 billion dinars outside the official financial system as the Tripoli central bank does not fund the parallel government apart from some wages.

Despite its limited reach, the Tripoli government still runs an annual budget of around 46.8 billion dinars, mainly for public salaries and fuel subsidies.

“This year we cannot finance via debt…we will not borrow (by agreement with the central bank),” Issawi said.

According to International Monetary Fund data, Libya’s central government debt-to-GDP ratio is 143 percent, making it one of the most heavily indebted in the world on that measure.

Issawi declined to say what parts of the budget would be trimmed to support the extra outlay for war costs.

However, with some 70 percent of the budget allocated to public wages, fuel subsidies and other welfare benefits, a portion devoted to infrastructure is most likely to be axed.

Widespread lawlessness has meant there have been no major infrastructural projects since 2011, when a NATO-backed uprising overthrew dictator Muammar Gaddafi, leaving schools, hospitals and roads in acute need of restoration.

FOREX SURCHARGE

Issawi said the government planned to raise as much as 30 billion dinars by the end of 2019 from hard currency deals after imposing in September a 183 percent surcharge on commercial and private transactions done on the official rate of 1.4 to the U.S. dollar. That fee has effectively devalued the official rate to 3.9, much closer to the black market equivalent.

Some 17 billion dinars have been raised since then, with hard currency allocated for import credit letters now issued without delays, Issawi said. The forex fee has helped the government forecast a budget in the black for 2019.

Despite the narrowing spread between the two rates, the black market continues to thrive. Dozens of traders remained at their favorite spot behind the central bank headquarters in Tripoli when Reuters reporters visited it last week.

But traders said it could take time for the Serraj government to register the extra forex receipts as official banking channels were taking up to six months to approve import financing, keeping the black market in play for dealers.

Issawi said authorities planned to lower the forex fee from 183 percent, without saying when. The black market rate has dropped from 6 to around 4.1 since September but it has hardly moved of late as demand for black market cash remains high.

The Tripoli government has stopped subsidizing food and bread, which used to be cheaper than drinking water in Libya. Wheat imports are now being arranged by private traders and there are surplus stocks of flour at the moment, Issawi said.

(Reporting by Ulf Laessing in Tripoli with additional reporting by Karin Strohecker in London; Editing by Mark Heinrich)

Source: OANN

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Rep. Gerry Connolly, D-Va., threatened possible jail time for White House officials refusing to comply with subpoenas to testify before the House Oversight Committee.

Connolly, a member of the House panel, made his comments during an interview on CNN on Thursday. He said that “if a subpoena is issued and you’re told you must testify, we will back that up.”

He added: “And we will use any and all power in our command to make sure it’s backed up — whether that’s a contempt citation, whether that’s going to court and getting that citation enforced, whether it’s fines, whether it’s possible incarceration.”

“We will go to the max to enforce the constitutional role of the legislative branch of government.”

His comments came after three officials have refused to comply with congressional requests to testify, CNN noted.

Trump told The Washington Post that his staff should not testify on Capitol Hill, explaining that the White House cooperated fully with special counsel Robert Mueller and “there is no reason to go any further, especially in Congress where it’s very partisan.”

Source: NewsMax Politics

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“Outdated laws” need fixing to deal with the surge in illegal immigrant families crossing the U.S. border with Mexico, a top Border Patrol official said Friday.

Migrant families face no consequences if apprehended trying to cross the border illegally under present law, Border Patrol chief of Operations Brian Hastings claimed during an appearance on “Fox & Friends.”

“We need a change in the current outdated laws that we’re dealing with for this current demographic and this crisis that we have,” he said.

Hastings said as of Thursday there have been 440,000 apprehensions along the southwest border. There were 396,000 apprehensions all of last year.

SOUTHERN BORDER AT ‘BREAKING POINT’ AFTER MORE THAN 76,000 ILLEGAL IMMIGRANTS TRIED CROSSING IN FEBRUARY, OFFICIALS SAY

And those numbers continue to rise, he said.

Historically 70 to 90 percent of apprehensions at the border were quickly returned to Mexico, Hastings said.

Now, 83 percent of those apprehended have come from the Central American northern triangle which includes Guatemala, El Salvador, and Honduras, and of those 63 percent are “family units” and children who cannot be returned, he said.

“There are no consequences that we can apply to this group currently,” Hastings said. “We’re overwhelmed. If you look at agents there doing a tremendous job trying to deal with the flow.”

The law dictates children have to be released after 20 days of detention.

FLORIDA SHERIFF ON BORDER CRISIS AFTER MAJOR DRUG BUST: ‘IT MAKES ME ABSOLUTELY CRAZY’

Sen. Lindsey Graham, R-S.C., says that has forced immigration officials to release entire families because “you don’t want to separate families.”

Recently, he said he is drafting legislation that would allow children to be detained for more than 20 days.

Hastings said agents are frustrated with the situation but are doing the best they can with the resources they have.

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“Up to 40 percent of our agents are processing at any given time,” he said. “That should say that in and of itself is pulling from those border security resources.”

Source: Fox News National

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