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Mueller, Trump, and ‘Two Years of Bullshit’

Late last month President Trump met with a group of Republican senators on Capitol Hill. He discussed a lot of topics, but his most memorable comment came when he called Trump-Russia special counsel Robert Mueller's investigation "two years of bullshit."

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Klobuchar Outlines $1 Trillion Plan for US Infrastructure

Sen. Amy Klobuchar Thursday outlined a $1 trillion infrastructure plan that would put extensive focus on the nation's bridges, roads, and more, saying that the work could be financed through changes to the Republican business tax cut plan that she believes went "way too far."

"[President] Donald Trump has put out a mirage," the Minnesota Democrat and 2020 presidential candidate told MSNBC's "Morning Joe." "He claims he wants to do something on infrastructure and has identified maybe $200 billion at most."

Klobuchar said her plan addresses bridges, roads, rail, public transit and "doing something" about the nation's water infrastructure, including on locks and dams, in the wake of extensive flooding in the Midwest states.

She also is proposing completing broadband services in the nation's rural areas by 2022 through her plan.

The senator said her plan would be funded, in part, by raising corporate tax rates of 21 percent passed in 2017 back up to 25 percent, to "save about $400 billion that you could put into infrastructure."

In addition, other $150 billion could be brought in by changing "the way that they did the overseas taxes," said Klobuchar. "I have a number of other ways to pay for this that brings us to a trillion."

Klobuchar outlined the seven-point plan in a Medium post that called for channeling $650 billion in federal funding into the plan, as well as in returning the Obama-era's "Build America Bonds."

She also said in her plan that she wants to do "something real about climate change," without listing specifics about what that would involve.

Source: NewsMax Politics

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Greek parliament debates war reparations claim against Germany

Greek PM Alexis Tsipras addresses lawmakers during a parliamentary session before a vote on German World War II reparations in Athens
Greek Prime Minister Alexis Tsipras addresses lawmakers during a parliamentary session before a vote on German World War II reparations in Athens, Greece April 17, 2019. REUTERS/Costas Baltas

April 17, 2019

By Renee Maltezou and George Georgiopoulos

ATHENS (Reuters) – The Greek parliament will vote Wednesday on whether Greece should pursue billions of euros in reparations from Germany for the Nazi occupation during World War Two, an issue Germany says was settled long ago.

Neverthelesss, successive Greek governments have said Germany owes Greece. Wednesday’s vote in the 300-seat house, however, will be the first official decision by parliament on the question, which resurfaced after Greece became mired in a debt crisis a decade ago.

Parliament Speaker Nikos Voutsis is expected to submit a proposal – based on a parliamentary commission report that assessed the cost of the occupation at upwards of 300 billion euros – on the next legal and diplomatic steps Greece would take and put it to a vote in the evening.

“Greece should, and I think it has the means, negotiate so that Germany recognizes … the reparations, accepting that there is a moral, political and economic issue,” said Deputy Foreign Minister Sia Anagnostopoulou.

“Greece paid one of the biggest blood and destruction tolls (in World War Two),” she said, promising to start a diplomatic campaign.

Despite the estimates, it is not clear how much money Greece would seek in reparations. Any move to formally seek reparations would probably be legally enforceable, but the issue is a deeply emotive one that will gain traction in an election year.

Greece emerged in the past year from a decade of austerity imposed by international lenders in return for bailouts that kept it afloat after the debt crisis erupted in 2010.

Many Greeks blamed their biggest creditor, Germany, for the painful cuts attached to the rescue loans, which they feel have stripped them of sovereignty.

Germany has in the past apologized for Nazi-era crimes but has not been willing to discuss reparations. German government spokesman Steffen Seibert repeated Berlin’s view that the issue has long been settled.

“The question of German reparations has been conclusively settled, both legally and politically,” he said. “We are, and I hope you can believe us, aware of our historic responsibility.”

Germany invaded Greece in May 1941, raising the swastika over the Acropolis in Athens. About a thousand Greek villages were razed during the war and tens of thousands of people killed in reprisals by Nazi troops, trying to crush Greek resistance.

The parliamentary committee assessed the occupation cost as at least 269 billion euros ($304 billion), rising to over 300 billion euros with the inclusion of an amount the Nazis forced the Bank of Greece to hand over in 1942, a year after they invaded Greece.

That “occupation loan” also helped bankroll Hitler’s military campaign in North Africa.

Germany has denied owing anything to Greece since it paid Athens the sum of 115 million deutschmarks in 1960.

(Additional reporting by Andreas Rinke and Thomas Escritt, editing by Michele Kambas and Larry King)

Source: OANN

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Jury weighs death for man who raped, dismembered teen

A jury outside Philadelphia is weighing the death penalty or life in prison for a man who pleaded guilty to raping, strangling and dismembering his girlfriend's 14-year-old daughter.

Jacob Sullivan pleaded guilty to first-degree murder and related charges in the 2016 slaying of Grace Packer. Jury deliberations on his sentence began Tuesday and are continuing Wednesday.

Grace's mother, Sara Packer, is due to plead guilty Wednesday afternoon for her role in the gruesome plot. In a plea deal with prosecutors, she'll be sentenced to life without parole.

Prosecutors say Sullivan acted out a rape-murder fantasy he shared with Sara Packer.

Bucks County District Attorney Matthew Weintraub asked the jury to impose death on Sullivan, saying Grace's "life ended in a house of horrors that became a hell on Earth."

Source: Fox News National

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Two sons of 'El Chapo' indicted on drug conspiracy charges, remain fugitives

Two of Joaquin "El Chapo" Guzman's sons have been indicted on drug conspiracy charges, barely a week after the Mexican kingpin was found guilty of running a drug cartel.

Joaquin Guzman Lopez, 34, and Ovidio Guzman Lopez, 28, were charged in a case unsealed in Washington, D.C. last week.

'EL CHAPO' ACCUSED OF DRUGGING, RAPING GIRLS AS YOUNG AS 13, ACCORDING TO COURT DOCUMENTS

The two brothers, who are both believed to be living in Mexico, allegedly conspired to distribute cocaine, meth and marijuana in the U.S. from April 2008 until April 2018, the U.S. District Court for the District of Columbia said Thursday.

The sons of the notorious leader remain fugitives.

The pair's father, 61-year-old El Chapo, was convicted on Feb. 12 of drug conspiracy charges following a three-month-long trial in New York. The jury of 12 people announced their decision at a federal courthouse in Brooklyn on the sixth day of deliberations, affirming Guzman was the leader of the Sinaloa cartel who conspired to commit murder.

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One of the most notorious drug traffickers in modern history, he was extradited to the U.S. in 2017 after Mexican authorities captured him a year prior during raids in Los Mochis, Sinaloa. He was free at that point after a dramatic escape in which he tunneled out of a Mexican prison.

Fox News' Marta Dhanis, Katherine Lam and The Associated Press contributed to this report.

Source: Fox News National

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Futures higher on trade optimism; inflation data awaited

Traders work on the floor at the NYSE in New York
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid

March 29, 2019

By Shreyashi Sanyal

(Reuters) – U.S. stock index futures rose on Friday, the last trading day of the quarter, as the latest round of U.S.-China trade talks ended on a positive note and investors awaited inflation data.

U.S. Treasury Secretary Steven Mnuchin said he held “constructive” talks in Beijing, concluding the latest round of dialogue, which will be followed by a round in Washington next week.

Meanwhile, the benchmark 10-year Treasury yields has been inching higher after coming off its 15-month lows in the previous session as investors start adjusting to the dovish move by the global central banks.

Wall Street was rattled by fears of economic growth after the Federal Reserve abandoned projections for any interest rate hikes in 2019 and the U.S. Treasury yield curve inverted for the first time since 2007 last week.

Still, the benchmark S&P 500 index was set to post its best quarterly gain since September 2009.

The yield curve between three-month bills and 10-year notes remains inverted, and if it persists, it could indicate a recession is likely in one to two years. [US/]

A gradual rise in 10-year Treasury yields has lifted the shares of big lenders in premarket trading. JPMorgan Chase & Co, Bank of America and Goldman Sachs rose between 0.8 percent and 1 percent. For further clues on inflation, investors will keep a close watch on the Commerce Department’s personal consumption expenditures (PCE) price index, the Fed’s preferred inflation gauge.

The report, due at 8:30 a.m. ET, will likely show consumer spending remained flat in January from the previous month.

At 7:15 a.m. ET, Dow e-minis were up 107 points, or 0.42 percent. S&P 500 e-minis were up 11.5 points, or 0.41 percent and Nasdaq 100 e-minis were up 34 points, or 0.46 percent.

GDP data on Thursday showed the domestic economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the 3 percent annual target, and corporate profits failed to rise for the first time in more than two years.

Wells Fargo was up 2 percent after it said Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal.

Gilead Science rose 2.8 percent after the drugmaker’s Belgian partner Galapagos said it had seen positive results from several trials of its arthritis drug.

DowDuPont fell 1.6 percent after two brokerages cut their price targets for the chemical company’s stock, citing bad weather and margin pressures.

A separate report at 10 a.m. ET, is expected to show new home sales having grown to 620,000 units in February, up from 607,000 units in January.

(Reporting by Shreyashi Sanyal and Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

Source: OANN

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Correction: Inmate Assaults-Charges story

In a story April 18 about an attack on a prison guard, The Associated Press erroneously reported the sentence for Brian Reinke. He was sentenced to 32 additional years, not 32 additional months.

A corrected version of the story is below:

Inmate pleads guilty in stabbing attack on prison guard

A three-time killer serving life sentences has pleaded guilty to attempted aggravated murder and other charges in an attack on an Ohio prison guard and has been sentenced to 32 more years in prison

Associated Press

PORTSMOUTH, Ohio (AP) — A man already convicted in three slayings and serving a life sentence has pleaded guilty to attempted aggravated murder and other charges in an attack on an Ohio prison guard.

Casey Pigge was sentenced to 32 more years in prison after pleading guilty Wednesday in the Feb. 20, 2018, attack on Matthew Mathias.

Pigge and co-defendant Greg Reinke had planned their attack on the correction officer at Southern Ohio Correctional Facility in Lucasville, prosecutors said. They said Mathias was stabbed with shanks that Pigge made of pieces of metal from the inmates' beds, the Chillicothe Gazette reported.

Mathias was stabbed 32 times as he was escorting the two inmates to the prison infirmary, according to prosecutors. He has numerous internal injuries and still hasn't returned to work.

Scioto County Prosecutor Shane Tieman told the judge Wednesday that Mathias still has to go through more surgeries as he continues his recovery.

"The brutality of this ranks up there with the worst I've seen," Tieman said. "I'm hopeful that this case will bring to light some of the things that our law enforcement personnel have to deal with in the prison system, and some good can come of this."

Pigge appeared to show no remorse in court Wednesday, the newspaper reported. He told the judge more was being made of the crime because it involved a guard and not inmates.

"So it is what it is," he said. "There's always two sides to a coin."

Reinke and Pigge are both on a hunger strike at the Ohio State Penitentiary, the state's supermax prison in Youngstown, alleging mistreatment, according to Sara French, a spokeswoman with the Ohio Department of Rehabilitation and Correction. She has denied they are being mistreated.

As of breakfast Thursday, Reinke had missed 18 meals, and Pigge had missed 9 meals as of Wednesday night, French said.

Pigge, 31, previously has been convicted of three separate killings, including strangling a fellow inmate on a medical transport bus.

Reinke pleaded guilty last month to the same charges in the attack on Mathias and was also sentenced to an additional 32 years behind bars, Assistant Scioto County Prosecutor Joe Hale said Thursday. Reinke also was sentenced last month to 54 more years for using a shank to repeatedly stab handcuffed prisoners after slipping his own handcuffs in 2017.

Reinke, 38, was already serving a life sentence for aggravated murder for a fatal 2004 shooting in Cleveland.

___

This story has been corrected to show that Pigge and Reinke are on hunger strikes at the Ohio State Penitentiary in Youngstown, not at the Lucasville prison.

Source: Fox News National

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The headquarters of Wirecard AG is seen in Aschheim near Munich
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

April 26, 2019

BERLIN (Reuters) – Wulf Matthias will not stand for a second term as Wirecard’s chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

For age reasons alone this would not be an option for Matthias, aged 75, Handelsblatt added.

Matthias will keep his mandate until it ends in 2020, the paper quoted a company spokeswoman as saying.

Wirecard was not immediately available for comment when contacted by Reuters.

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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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/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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