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Russian manufacturing sector boosted by domestic demand in March: PMI

A view shows the interior of the Nokian Tyres factory in Vsevolozhsk
A view shows the interior of the Nokian Tyres factory in Vsevolozhsk, near St. Petersburg, Russia September 14, 2017. REUTERS/Jack Stubbs

April 1, 2019

MOSCOW, (Reuters) – Russian manufacturing activity expanded March, boosted by higher output and new business growth as domestic demand substituted demand from abroad, the Markit purchasing managers’ index (PMI) showed on Monday.

The index’s headline reading rose to 52.8 from 50.1 in the previous month, above the 50.0 mark that separates expansion from contraction.

“Russian manufacturers signaled a significant uptick in domestic demand and production in March, indicating a solid end to the first quarter of 2019 following relatively lackluster growth in February,” said Sian Jones, an economist at IHS Markit, which compiles the survey.

The increase in new orders was the strongest since early 2017 despite a drop in foreign client demand for the third month in a row.

The degree of optimism among firms that took part in the survey reached the highest level since data collection began in 2012, while employment across the sector rose for the second consecutive month, the monthly PMI report showed.

Inflation in the sector kept on rising following an increase in value-added tax (VAT) to 20 percent from 18 percent.

“The ongoing impact of the recent hike in VAT and higher supplier costs continued to push input prices up. In response, firms raised factory gate charges sharply,” Jones said.

(Reporting by Andrey Ostroukh; Editing by Toby Chopra)

Source: OANN

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Psychologists: Smiling Actually Makes You Happier

Smiling really can make people feel happier, according to a new paper published in Psychological Bulletin.

Coauthored by researchers at the University of Tennessee, Knoxville and Texas A&M, the paper looked at nearly 50 years of data testing whether facial expressions can lead people to feel the emotions related to those expressions.

“Conventional wisdom tells us that we can feel a little happier if we simply smile. Or that we can get ourselves in a more serious mood if we scowl,” said Nicholas Coles, UT Ph.D. student in social psychology and lead researcher on the paper. “But psychologists have actually disagreed about this idea for over 100 years.”

These disagreements became more pronounced in 2016, when 17 teams of researchers failed to replicate a well-known experiment demonstrating that the physical act of smiling can make people feel happier.


Activist shares with Owen Shroyer what Amercians can do to protect the ones they love.

“Some studies have not found evidence that facial expressions can influence emotional feelings,” Coles said. “But we can’t focus on the results of any one study. Psychologists have been testing this idea since the early 1970s, so we wanted to look at all the evidence.”

Using a statistical technique called meta-analysis, Coles and his team combined data from 138 studies testing more than 11,000 participants from all around the world. According to the results of the meta-analysis, facial expressions have a small impact on feelings. For example, smiling makes people feel happier, scowling makes them feel angrier, and frowning makes them feel sadder.

“We don’t think that people can smile their way to happiness,” Coles said. “But these findings are exciting because they provide a clue about how the mind and the body interact to shape our conscious experience of emotion. We still have a lot to learn about these facial feedback effects, but this meta-analysis put us a little closer to understanding how emotions work.”


Alex Jones breaks down the audio of Julian’s message and possible meaning.

Source: InfoWars

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South Carolina shootout leaves suspect dead, squad car riddled with bullet holes

A suspect who seemingly riddled a South Carolina deputy's vehicle with bullets was killed on Tuesday following a shooting with law enforcement, officials said.

The unidentified suspect was killed, but the Berkeley County sheriff's deputies involved in the shooting "are okay," according to a tweet from the department.

The suspect who allegedly shot the vehicle was killed, according to officials.

The suspect who allegedly shot the vehicle was killed, according to officials. (Berkeley County Sheriff's Office)

Deputies initially responded to a home in Huger, a town roughly 30 miles northeast of Charleston, after shots were fired.

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Photos uploaded to Twitter by the sheriff's office shows the suspect allegedly shot at least 10 bullets at a deputy's vehicle. It wasn't immediately clear what prompted the shooting.

Source: Fox News National

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Florida city dismantles, relocates Confederate statue

A statue of a Confederate soldier is being removed from a Florida park.

The statue had stood at the center of Lakeland's Munn Park for 109 years. City officials began dismantling the monument Friday.

City commissioners voted in December 2017 to start the process to move the statue after receiving complaints from residents. In November, commissioners approved funding the $150,000 cost of moving the statue with citations issued as part of the city's red-light camera program.

The Ledger reports the statue is being relocated to a different park where the city honors soldiers and first responders. Veterans Park is adjacent to a city-owned convention and entertainment complex.

The director of the city's parks and recreation department, Bob Donahay, says dismantling the monument and relocating it will take several days.

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Information from: The Ledger (Lakeland, Fla.), http://www.theledger.com

Source: Fox News National

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Democrats 'lied to the American people' over Mueller probe, now have to answer to American people: Chaffetz

Leading Democrats repeatedly lied about President Trump colluding with Russia and now have to answer to the American people, according to former House Oversight Committee Jason Chaffetz.

Chaffetz savaged Democrats during an interview on “Fox & Friends” Monday morning, in the wake of Attorney General William Barr released the "principal conclusions" of Special Counsel Robert Mueller's completed Russia probe in a bombshell four-page letter to Capitol Hill lawmakers.

The letter stated definitively that Mueller did not establish evidence that President Trump's team or any associates of the Trump campaign had conspired with Russia to sway the 2016 election -- "despite multiple offers from Russian-affiliated individuals to assist the Trump campaign."

WATCH FOX NEWS' LIVE COVERAGE AFTER THE RELEASE OF AG BARR'S LETTER OF 'PRINCIPAL CONCLUSIONS' FROM MUELLER'S RUSSIA PROBE

Not only did the president not collude… it is so totally polar opposite of what Nadler and other Democrats said

— Jason Chaffetz on "Fox & Friends"

“The president is stronger politically than he has ever been right now. It was a cloud, it gave a talking point to every Democrat… now people can go back and look at it and say, ‘you all lied to us for two years’,” Chaffetz said.

“The team that Mueller put together, these weren’t friends of the president, they were friends of the president -- you had people from the Clinton camp on the team. If they were going to get him, they would have.”

The ex-Utah congressman then singled out House Intelligence Committee Chairman Rep. Adam Schiff, D-Calif., and  House Judiciary Chairman Jerry Nadler, D-N.Y., for criticism.

READ THE MUELLER REPORT FINDINGS

“Adam Schiff has essentially just lied to the American people time and time again... under the guise he had supposed classified information,” he said.

“Not only did the president not collude… it is so totally polar opposite of what Nadler and other Democrats said.

“They said they were going to fully accept the conclusions of Mueller, over and over again, and now there aren’t.”

WHITE HOUSE CELEBRATES RELEASE OF MUELLER REPORT SUMMARY: 'NO COLLUSION!'

Chaffetz’s comments came after President Trump told reporters Sunday that the release of a summary of Special Counsel Robert Mueller's Russia probe findings represented a "complete and total exoneration," calling it "an illegal takedown that failed."

"So after a long look, after a long investigation, after so many people have been so badly hurt, after not looking at the other side, where a lot of bad things happened, a lot of horrible things happened, lot of very bad things happened for our country, it was just announced there was no collusion with Russia, the most ridiculous thing I've ever heard," Trump said as he prepared to board Air Force One to return to Washington from his Mar-A-Lago estate in Florida.

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Trump's legal team, led by former New York City Mayor Rudy Giuliani and Jay Sekulow said in a statement that the report's findings were "a complete and total vindication of the President."

Source: Fox News Politics

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In post-coup election, Thai rice, rubber farmers rethink old divide

Farmer holds rice in his hand in Khon Kaen province
A farmer holds rice in his hand in Khon Kaen province in northeastern Thailand March 12, 2019. REUTERS/Patpicha Tanakasempipat

March 22, 2019

By Patpicha Tanakasempipat and Panu Wongcha-um

KHON KAEN/SONGKHLA, Thailand (Reuters) – In the rice-growing heartland of Thailand’s northeast, Kamol Suanpanya, 80, meets in the off season with fellow farmers at a community center, where they discuss Sunday’s election, the first after nearly five years of military rule.

Like most in the area, Kamol will vote for Thailand’s largest party, Pheu Thai, whose government was overthrown in 2014. He is loyal because of policies like subsidies and low-cost health care pioneered by ousted premier Thaksin Shinawatra.

“I can tell you I will vote for Pheu Thai again,” said Kamol. “I haven’t changed my mind and I never will.”

Some 1,400 km (870 miles) to the south, a longtime stronghold of the anti-Thaksin Democrat party, rubber farmer Gorneena Pae-arlee isn’t so sure about her vote.

She has voted for the Democrats in the past, but says she will not do so again. Nor does she want junta leader Prayuth Chan-ocha to remain prime minister, as the new pro-military Palang Pracharat party is campaigning for.

“I want to vote for change,” said Gorneena, 52, who owns a big rubber plantation in Songkhla province.

Sunday’s general election has been cast as a struggle between democracy and military rule, with Thaksin’s Pheu Thai leading the charge for a “democratic front” against Palang Pracharat, the party backing Prayuth.

The pro-establishment Democrats are seen as a possible kingmaker.

But from north to south, farmers complain about hard times and growing mountains of debt since the military took over.

Many look to the election as a way out for what they say is an economy that seems to be growing but leaving them behind.

NORTH AND SOUTH

Thailand is the world’s largest exporter of rubber and second-largest of rice. Farming accounts for 30 percent of the work force, though only about 10 percent of the economy.

The rice-growing northeast and rubber-tapping south reflect the deep divide in Thailand’s polarized politics of the last 15 years.

Thaksin’s “red-shirt” supporters are mostly from the rice-growing northeast and north, whereas southern rubber farmers have come up to Bangkok at different times over the years to join anti-Thaksin “yellow-shirt” protests of middle-class voters who support the military and royalist establishment.

The unrest has led to bloodshed and two military coups, the first toppling former telecoms tycoon Thaksin in 2006, and the last one overthrowing a government that had been led by his sister, Yingluck.

The siblings live in self-exile to avoid convictions – corruption for Thaksin and negligence for Yingluck – handed down after they were ousted. They denied wrongdoing and said the charges were politically motivated.

After almost five years under a junta led by former army chief Prayuth, the rice-and-rubber divide still exists.

But while the north and northeast remain as pro-Thaksin as ever, some southerners said their support for the Democrat Party may be wavering.

LOW CROP PRICES

With new political parties on the scene and the price of rubber languishing, some farmers, like Gorneena, are considering the options.

“Rubber prices have suffered a lot, and nothing has improved under the military. I really want the new government to help fix this,” Gorneena said.

Thai benchmark rubber smoked sheets were trading at around 56.60 baht per kilogram this week, a far cry from a record 198.55 baht in 2011, according to Refinitiv data.

While the south’s rubber farmers are generally better off than their rice-growing counterparts, monthly income in the south declined by 2 percent to 26,913 baht ($850) per household from pre-coup 2013 to 2017.

That contrasts with average national income that grew roughly 7 percent, government data showed.

While several other rubber farmers interviewed said they would stick by the Democrats, a poll by Prince of Songkla University published last week signaled a weakening of their grip.

The poll showed 27 percent preferring the new, progressive Future Forward Party, compared with 24 percent for the Democrat Party, with Pheu Thai coming in at 19 percent and Palang Pracharat at 12 percent. It provided no margin of error.

HIGH DEBT

The plight of farmers from north to south comes as a stark contrast with Thailand’s top 1 percent, who own 66.9 percent of the country’s wealth, according to Credit Suisse’s 2018 Global Wealth Databook.

That makes Thailand the most unequal country in the world.

Southeast Asia’s second-largest economy expanded 4.1 percent in 2018, the fastest in six years. This year, the state planning agency predicts growth of 3.5-4.5 percent.

At the same time, household debt soared to a record 12.56 trillion-baht in the third quarter of 2018, or 77.8 percent of gross domestic product, central bank data showed.

For many Pheu Thai supporters, hard times have led to borrowing and left them pining for the party’s populist policies.

In the northeastern city of Khon Kaen, June Kit-Udom, who at 61 is the sole provider for her family of three, said she quit rice farming a few years ago because prices plunged following the 2014 coup.

She now works seven days a week at a recycling factory for 325 baht ($10.26) a day, but she says the tough work has resulted in spiking hospital bills.

“Life was better under Yingluck’s government. She helped us a lot with cash subsidy. This government gave us nothing,” June said.

Some 3.6 million households in the northeast are in debt, accounting for more than a third of the total, according to data by the National Statistics Office.

The northeast has the highest average debt per household of 179,923 baht ($5,680), and the lowest average income per capita at 6,656 baht ($210) per month.

Addressing inequality should be high on the agenda of the next government, said Thomas Parks, country representative of the Asia Foundation, a non-profit group focusing on development.

“Inequality and regional disparities are one of Thailand’s most fundamental challenges,” he said.

“We expect that any government, regardless of the election outcome, will make this a serious priority.”

(Additional reporting by Orathai Sriring in BANGKOK; Writing by Patpicha Tanakasempipat; Editing by Kay Johnson and Robert Birsel.)

Source: OANN

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Italy, France aim to chart common strategy on violent Libya

The foreign ministers of Italy and France say their countries are trying to forge a common strategy on Libya.

Italy's minster, Enzo Moavero Milanesi, told reporters Friday after the two held talks in Rome that lower-ranking ministry officials will meet next week in the Italian capital "to build the path toward a goal that remains a shared one."

French Minister Jean-Yves Le Drian says there'll be no progress toward ending the current fighting in Libya "without a solid Franco-Italian agreement."

Italy and France both have energy and other strategic interests in Libya.

Fighting this month by militias loyal to rival governments in Tripoli and in eastern Libya is threatening to trigger a civil war on the scale of the 2011 uprising that toppled and killed longtime Libyan dictator Moammar Gadhafi.

Source: Fox News World

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Britain's Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador's residence in Beijing
Britain’s Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador’s residence in Beijing, China April 26, 2019. REUTERS/Florence Lo/Pool

April 26, 2019

BEIJING (Reuters) – British finance minister Philip Hammond said on Friday that he had a “very constructive meeting” with his counterpart in the opposition Labour Party before leaving for Beijing and that he was optimistic about finding common ground.

Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing, said talks with Labour aimed at finding a way forward on Brexit had not stalled.

“I’m optimistic that we will find common ground,” he said. “Both sides have got clear positions and both sides will have to compromise in order to reach an agreement.”

Hammond added that he absolutely did not favor a no deal exit from the European Union.

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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