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APNewsBreak: Police say Salvadoran suspect killed for meth

A detective says a Salvadoran immigrant charged with four Nevada murders told police he robbed and killed his elderly victims during a 10-day rampage in January because he needed money to buy methamphetamine.

The detective told the grand jury, which indicted Wilber Ernesto Martinez-Guzman in Reno last week, the 20-year-old who is living in the U.S. illegally broke into tears and repeatedly called himself an "idiot" before confessing to the murders during an interrogation hours after his arrest in Carson City on Jan. 19.

According to the grand jury transcript obtained by The Associated Press, Washoe County Sheriff's Detective Stefanie Brady testified March 13 that Martinez-Guzman initially denied any wrongdoing and was smiling and giggling during some of the questioning.

But after she confronted him with several contradictions in his story during a nearly three-hour interrogation, he said through a Spanish interpreter he had "done something that's unforgiveable."

She says he told her he shot the victims "because of the drugs."

"He said he needed the money for the meth and it was the meth," Brady testified, according to the 268-page transcript filed late Tuesday in Washoe District Court.

The grand jury indicted Martinez-Guzman last week on four counts of murder with the use of a deadly weapon, three counts of burglary while in possession of a firearm and one count each of burglary, burglary while gaining possession of a firearm and possession of a stolen firearm.

A not guilty plea was entered on his behalf during an arraignment Tuesday. His trial isn't scheduled to begin until April 2020.

His public defense attorney, John Arrascada, said in an email to AP he didn't receive the grand jury transcript until Wednesday, was reviewing it and had no immediate comment.

Federal officials have said Martinez-Guzman is in the U.S. illegally but they don't know how or when he crossed the border.

The case has drawn the attention of President Donald Trump, who says it shows the need for a border wall.

District Attorneys Chris Hicks of Washoe County and Mark Jackson of Douglas County announced last week they are seeking the death penalty but that Martinez-Guzman's immigration status had nothing to do with that decision.

The four slaying victims include Gerald David, 81, and his 80-year-old wife, Sharon David, a prominent Reno Rodeo Association couple who had employed Martinez-Guzman as a landscaper last summer at their house where they were found dead Jan. 16.

Police say they were shot with a .22-caliber handgun that Martinez-Guzman stole from them earlier.

Court documents allege that Martinez-Guzman's DNA was found on the same gun that was also used to kill Connie Koontz and Sophia Renken in their homes in Gardnerville south of Carson City.

Detective Brady told the grand jury that Martinez-Guzman was "engaging" and made "lots of eye contact" during the early stages of the interrogation at the Carson City sheriff's office.

"He smiled, kind of giggled through some of the questions. But he was very engaged in the conversation," she said.

After she read him his Miranda rights, "he actually acknowledged that he was fine not having an attorney because he hadn't done anything wrong," she said.

He indicated he had buried "a bunch of stuff" that he found by a river in Carson City. But when she confronted him about several contradictions, his answers became slower, his body posture was more slumped and he started touching his face uncontrollably.

When she asked him about some fishing poles that had been stolen from the Davids, "there was a really long pause. And at that point, he had dropped his head and began to cry with long deep breaths."

"He talked about how he was an idiot. He repeated that several times," Brady testified. "He talked about how he had done something that's unforgiveable."

"He said ... something about if he tells me what he did, it's not going to bring back the people that he shot," she said, and then shortly after that blamed the killings on his need for money to buy drugs.

She said he initially denied he killed Renken, but ultimately acknowledged he shot her too.

Source: Fox News National

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Murder case mistrial; defendant thought victim was werewolf

A jury has deadlocked and a mistrial has been declared in a northern Virginia murder case in which the defendant said he thought his victim was a werewolf.

WRC-TV in Washington reports that the judge dismissed the jurors Wednesday after three days of deliberations in Alexandria Circuit Court in the trial of 34-year-old Pankaj Bhasin.

He was charged with murder in the July 13 death of 65-year-old Bradford Jackson, who managed a window store in Old Town Alexandria. His neck was broken and he was stabbed more than 50 times with a box cutter.

Prosecutors and defense attorneys agreed Bhasin was mentally ill, but prosecutors disputed Bhasin was legally insane.

Bhasin's lawyers said their client was suffering delusions after checking out of a mental hospital near his New Jersey home.

___

Information from: WRC-TV, http://nbcwashington.com

Source: Fox News National

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Illegal Alien Charged With Over 100 Child Sex Crimes

A previously-deported illegal alien was arrested in Louisiana and charged with 100 counts of possession of child pornography, one count of production of child pornography, and one count of sexual battery of a juvenile under the age of 13.

Miguel Martinez, 44, had been deported in 2005 and is a registered sex offender in the sanctuary state of California, according a press release issued by the Louisiana Department of Justice.

“Internet crimes against children continuously inflict damage,” said Louisiana Attorney General Jeff Landry. “Every time one of these videos or images is viewed, the child is re-victimized.”

Homeland Security has reportedly placed a detainer on Martinez and it is expected he will face additional charges pending further investigation.

AG Landry used occasion to issue a distress signal to Washington and voice his support for the building of a wall on the Southern border.


“This arrest should serve as a wake-up call to Congress,” Landry said. “By not securing our borders and properly vetting those coming into our Nation, we have seen lives lost and destroyed.”

“Illegal immigration has real-life consequences – countless numbers of needless crime victims, including too many Louisiana families and children. For their sake – I again urge Congress to realize the national emergency we have at our Southern border, support President Trump, build the wall, and help us make our communities safer.”



In this exclusive video, border patrol vans are seen pulling up to a Catholic respite center near McAllen, Texas, where a worker then warns that shooting video endangers the illegal aliens in the vans because they could be recognized and extorted by human traffickers or anybody they “borrowed money from.”

Dan Lyman:

Source: InfoWars

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Doug Schoen to Newsmax TV: We Must Beat Authoritarianism

Political analyst and author Doug Schoen told Newsmax TV it is time for the United States to stand up taller in the face of authoritarianism and live by our values.

During an interview on "The Joe Pags Show," Schoen — author of the new book "Collapse: A World in Crisis and the Urgency of American Leadership" — said the U.S. needs to act like a world superpower again.

"We're only gonna succeed together," he said. "If we can't conquer our common adversaries as one nation, one people, we will lose. We'll lose to authoritarians like the Russians and the Chinese, which is the point of my new book.

"We need to strengthen NATO, we need to strengthen our relations in Asia . . . and I would love somebody, as you were saying, Pags, to talk about human rights in China. Xinjiang Province. A million people in detention camps; that's outrageous. Where is America? Where is our voice? We will not defeat authoritarianism without an articulate assertion of our values, which are freedom, liberty, democracy."

Regarding the Korean peninsula, Schoen predicted President Donald Trump will fall short of coming to an agreement with North Korean leader Kim Jong Un and the reclusive nation could join the international club of nuclear powers.

"I don't think we're going to get a denuclearized Korean peninsula," he said. "I am worried that this is more rhetoric than action and that we will find that the negotiations will break down and a nuclear North Korea will be as powerful and aggressive and assertive as they've ever been."

The answer to the North Korea problem, Schoen said, lies with China.

"We should be putting pressure on the Chinese, [Kim's] sponsors, and basically say to them, 'if you can't get him under control, you ought to turn the lights off in North Korea,'" Schoen said.

Schoen, a Democrat, also addressed the 2020 presidential campaign. To date, nearly 20 Democrats have thrown their hat into the ring. That figure is expected to grow, particularly with former Vice President Joe Biden ready to jump in.

"As for the Democrats, goodness gracious. Most of the candidates, with the exception of Biden at this point, are people I couldn't support," Schoen said.

Important: Newsmax TV is now carried in 65 million cable homes on DirecTV Ch. 349, Dish Network Ch. 216, Comcast/Xfinity Ch. 1115, U-verse Ch. 1220, FiOS Ch. 615 or More Systems Here.

Source: NewsMax America

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Bernie Sanders’ stance on key issues, from health care to gun control

Sen. Bernie Sanders is back on the campaign trail.

The 77-year-old self-proclaimed Democratic socialist is once again making a bid for the White House, joining a growing number of lawmakers who plan to take on President Trump in the 2020 presidential election.

3 BERNIE SANDERS POLICIES NOW EMBRACED BY THE DEMOCRATIC FIELD

Sanders will join Fox News Channel for a town hall co-anchored by Bret Baier and Martha MacCallum on Monday, April 15, at 6:30 p.m. ET in Bethlehem, Pennsylvania.

As the seasoned Vermont senator starts stumping for 2020, here's a look at where he stands on key issues such as gun control, healthcare and the economy.

Health care

Sanders’ name has arguably become synonymous with Medicare-for-All, a bill he introduced in 2017. The goal? To achieve universal healthcare.

In a nutshell, the single-payer health insurance plan would require all U.S. residents to be covered with no copays and deductibles for medical services. The insurance industry would be regulated to play a minor role in the system.

In other words: A government-run system would replace private health insurance offered through employers, which is the mainstay of coverage some 160 million people.

Sanders recently released an updated version of the legislation, adding coverage for long-term care. Several presidential hopefuls — namely Sen. Kamala Harris, D-Calif., Sen. Kirsten Gillibrand, D-N.Y., Sen. Elizabeth Warren, D-Mass. and Sen. Cory Booker, D-N.J. — have already endorsed the new bill.

But the program, which would likely be financed through large tax increases, has been knocked by critics for its expected cost.

Though single-payer healthcare could reportedly save taxpayers roughly $500 billion a year, according to FeelTheBern.org, the plan’s cost could up federal spending by more than $2 trillion per year, according to The New York Times, while several independent studies on the program have estimated it could increase government spending on health care to $25 trillion to $35 trillion or more over a 10-year period.

Education

Sanders is a huge proponent of tuition-free public colleges and universities.

Under the “College for All Act”, which Sanders first introduced in May 2015, per his website, the government would “provide $47 billion in federal funding to incentivize states to increase investments in their public higher education systems and eliminate tuition for undergraduate students.”

Total tuition costs at public colleges and universities totals to roughly $70 billion annually, according to Sanders' campaign. Under the legislation, the federal government would cover $47 billion of that cost, or 67 percent, while states would shoulder $23 billion, or the remaining 33 percent.

"The legislation would eliminate tuition and fees at four-year public colleges and universities for families making up to $125,000 — about 80 percent of the population — and make community college tuition- and fee-free for all," according to a 2017 statement on the legislation.

“College tuition is free in Germany, even for citizens of other countries. It’s also free in Denmark, Norway Sweden, Finland, Ireland, Iceland, and Mexico. If they can do it, why can’t we?” questioned Sanders in a 2015 editorial for the Huffington Post. “Why do we accept a situation where hundreds of thousands of qualified people are unable to go to college because their families don’t have enough money?”

Immigration

Sanders supports immigration reform to address the estimated 11 million illegal immigrants living in the U.S., but the ways in which he thinks the government should go about such a reform largely differs from his Republican and conservative-minded colleagues.

“What I do not support is, under the guise of immigrant reform, a process pushed by large corporations which result in more unemployment and lower wages for American workers,” Sanders told The Washington Post in 2013.

Sanders in 2013 voted in favor of the Senate immigration bill which “proposed a pathway to citizenship for undocumented immigrants, doubling the number of border patrol officers, and providing an additional 350 miles of border fencing,” according to PBS, which noted the bill failed to become law.

The senator has also called for the restructuring of Immigration and Customs Enforcement (ICE).

In July 2018, Sanders called for the abolishment of the “cruel, dysfunctional immigration system we have today and pass comprehensive immigration reform.”

“That will mean restructuring the agencies that enforce our immigration laws, including ICE. We must not be about tearing small children away from their families. We must not be about deporting DREAMers, young people who have lived in this country virtually their entire lives,” he tweeted, in part, though did not detail at the time how he would plan to abolish the program.

Sanders, too, supported the 2007 Development, Relief, and Education for Alien Minors (DREAM) Act, which would grant legal status to a group of undocumented immigrants brought to the U.S. as children. He later co-sponsored the act in 2011 when it was reintroduced, according to FeelTheBern.org.

Gun control

Sanders is a supporter of “middle-ground legislation” when it comes to gun control, according to FeelTheBern.org.

“As such, he understands that Americans in rural areas have a very different view towards guns as do those who live in densely populated urban environments. Bernie believes in a solution which promotes gun rights for those who wish to possess them while also ensuring their safe and secure use so that they cannot be used to harm fellow human beings,” reads the website, which noted the senator in the past has voted for a nationwide ban on assault weapons, expanded background checks and a ban on “high capacity magazine over ten rounds.”

In a 2016 speech, Sanders said most Americans who own and use guns are “law-abiding people” and pushed for a “common sense proposal on guns that will have the support, not of everybody, but a significant majority of American people.”

He went on to say those with criminal records or mental health issues should not own guns, echoing his comments from a 2015 NPR interview.

“We need strong sensible gun control, and I will support it," Sanders told the news outlet at the time. "But some people think it's going to solve all of our problems, and it's not. You know what, we have a crisis in the capability of addressing mental health illness in this country. When people are hurting and are prepared to do something terrible, we need to do something immediately. We don't have that and we should have that.”

Economy

Sanders has touted raising the so-called estate tax to “invest in the disappearing middle class” and close what he has said is a growing gap between the wealthy and the rest of the country.

Rather recently, in January, Sanders revealed a plan to expand the federal estate tax, which he said on Twitter would only apply to the “richest 0.2 [percent] of Americans,” or those who inherit $3.5 million or more.

That said, Sanders' plan was largely different than a bill proposed by some a few of his Republican counterparts.

Days before, Senate Majority Leader Mitch McConnell, R-Ky., Sen. Charles E. Grassley, R-Iowa, and Sen. John Thune, R-S.D. introduced a plan to scrap the estate tax altogether. Sanders in a tweet slammed the bill as “absurd.”

Sanders has also made pushes throughout the years to increase the minimum wage.

He recently reintroduced legislation to increase the federal minimum wage to $15 per hour by 2024.

WHAT IS ‘DEMOCRATIC SOCIALISM’? BERNIE SANDERS' POLITICAL IDEOLOGY EXPLAINED

"While the official unemployment rate is relatively low, too many workers in America today are making wages that don’t pay enough to make ends meet. Workers and their families cannot make it on $9 an hour or $10 an hour – or even less," Sanders said in a statement in November, claiming it would give 40 million workers a raise. "We have got to raise the minimum wage in this country to a living wage – at least $15 an hour."

At least 20 states increased their minimum wages since the start of the New Year, according to Fox Business.

Fox News' Jennifer Earl and The Associated Press contributed to this report.

Source: Fox News Politics

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Texas Tech stymies Michigan to return to Elite 8

NCAA Basketball: NCAA Tournament-West Regional-Michigan vs Texas Tech
March 28, 2019; Anaheim, CA, USA; Texas Tech Red Raiders guard Jarrett Culver (23) scores a basket and draws a foul against the Michigan Wolverines during the second half in the semifinals of the west regional of the 2019 NCAA Tournament at Honda Center. Mandatory Credit: Robert Hanashiro-USA TODAY Sports

March 29, 2019

Sophomore Jarrett Culver scored 22 points while Texas Tech smothered Michigan in a historic defensive effort as the Red Raiders won 63-44 in an NCAA Tournament West Region semifinal on Thursday night in Anaheim, Calif.

Third-seeded Texas Tech (29-6) harassed second-seeded Michigan into 32.7 percent shooting, including a 1-for-19 effort from 3-point range. Walk-on CJ Baird hit a shot from behind the arc with 22 seconds left to prevent Michigan from going without a trey for the first time since 2013.

Michigan set a program record for fewest points in the first half of an NCAA Tournament game (16) and total points. Both previous marks dated to the Wolverines’ first NCAA Tournament game, in 1948 against Holy Cross.

“We were fortunate tonight,” Texas Tech coach Chris Beard said. “Michigan didn’t shoot the ball well. But you have to give our guys credit.

“I love the way we were sharing the ball, getting assists, and we had nice balance. Several guys stepped up and made shots.”

Texas Tech, which reached the first Elite Eight in its history last season, will play top-seeded Gonzaga on Saturday in the regional final.

Davide Moretti contributed 15 points for Texas Tech, which got 10 from Matt Mooney. Tariq Owens had seven points, 10 rebounds and two blocks.

Freshman Ignas Brazdeikis led Michigan (30-7) with 17 points and 13 rebounds, his third double-double. Charles Matthews scored 12 points but committed a game-high five turnovers.

The Wolverines, who entered with the nation’s lowest turnover rate (8.9 per game), committed 10 by early in the second half and finished with 14.

“We wanted to have a low-turnover game, so that was good,” Beard said. “I thought we guarded. We had so much respect for Michigan. I thought our guys defended at a high level today.”

The matchup of two of the top defensive teams in the country started as expected, but the Red Raiders got hot while the Wolverines did not. Michigan’s 44 points were the lowest ever for a No. 2 seed in the NCAA Tournament.

“I feel like we stayed true to ourselves,” Culver said. “We played the defense we’ve been playing all year. Their shots weren’t going in, and we had urgency to stay true to our defense.”

“They get their hands on a lot of things to cause those turnovers,” Michigan coach John Beilein said. “They’re quick, they’re good, they’re long, they’re veteran. It showed. And they’re well-coached as well.”

Texas Tech led 24-16 at halftime and then started to fly in the second half.

Owens soared to flush an alley-oop pass from Moretti, who then drained a 3-pointer after a steal for a 34-18 lead with 16:56 to go. Owens dunked again a minute later as Texas Tech doubled-up Michigan’s point total.

Michigan trailed by at least 20 points for most of the final 10 minutes.

Midway through the first half, the teams had combined to make 5 of 26 shots, and the game was tied at 6.

The Red Raiders found their offense, making eight of their final 13 shots of the half, including a bit of luck from Mooney, who beat the shot clock with a turnaround 3-pointer that banked in for an 18-12 lead.

–Field Level Media

Source: OANN

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Graham: Bad Day for Anyone Hoping to 'Take President Down'

While spending the weekend with President Donald Trump at Mar-a-Lago, Sen. Lindsey Graham, R-S.C., celebrated the results of special counsel Robert Mueller's report with a series of tweets, saying it was a "bad day for those hoping [the report] would take President Trump down."

"I have just received topline findings from Attorney General [William] Barr. Good day for the rule of law. Great day for President Trump and his team. No collusion and no obstruction. The cloud hanging over President Trump has been removed by this report.

"Bad day for those hoping the Mueller investigation would take President Trump down.

"Great job by Mr. Mueller and his team to thoroughly examine all things Russia. Now it is time to move on, govern the country, and get ready to combat Russia and other foreign actors ahead of 2020."

Source: NewsMax Politics

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

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“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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