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UK’s Prince William completes three-week attachment with security services

FILE PHOTO: Britain's Prince William attends the St Patrick's Day Parade at Cavalry Barracks in Hounslow
FILE PHOTO: Britain's Prince William attends the St Patrick's Day Parade at Cavalry Barracks in Hounslow, Britain March 17, 2019. REUTERS/Simon Dawson/File Photo

April 6, 2019

LONDON (Reuters) – Britain’s Prince William has concluded a three-week attachment with the country’s security and intelligence agencies MI5, MI6 and GCHQ, his office said on Sunday.

William started his assignment at the Secret Intelligence Service, known as MI6, followed by a week at security service MI5, ending at GCHQ, which gathers communications from around the world to identify and disrupt threats to Britain.

“Spending time inside our security and intelligence agencies, understanding more about the vital contribution they make to our national security, was a truly humbling experience,” said William, the Duke of Cambridge.

(Reporting by Costas Pitas; Editing by David Holmes)

Source: OANN

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Stacey Abrams Nixes VP Spot: 'You Don't Run for Second'

Stacey Abrams, whose name has been mentioned as a potential running mate for Joe Biden should he enter the Democratic primary race, threw cold water on that idea, saying Wednesday she is "just as capable" of becoming president as anyone else running for the nomination.

The Georgia Democrat, who became national news during her failed bid in her state's governor's race, told "CBS This Morning" that she has held meetings with nearly everyone, including the former vice-president, but that talks about her being his running mate "were not the core issue."

Later in the morning, Abrams told ABC's "The View" that she is keeping her options open, and dismissed the reports she will be part of Biden's ticket.

"I think you don't run for second place," she said. "'If I'm going to enter a primary, then I'm going to enter a primary. And if I don't enter the primary, my job is to make sure the best Democrat becomes the nominee and to make sure whoever we select gets elected president."

Abrams told CBS she is "deeply appreciative" of people urging her to run for the White House or other offices, but she wants to be sure she is running "for the right reasons and at the right time."

She had commented at the South By Southwest festival earlier this month that at one time she had considered 2028 to be the earliest time she would seek a presidential race, but later she tweeted "2020 is definitely on the table."

Source: NewsMax Politics

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Greece won’t get euro zone money on Monday, but probably in April: EU’s Moscovici

EU Commissioner Moscovici presents the EU executive's economic forecasts in Brussels
FILE PHOTO: European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the EU executive's economic forecasts during a news conference at the EU Commission headquarters in Brussels, Belgium February 7, 2019. REUTERS/Francois Lenoir

March 11, 2019

BRUSSELS (Reuters) – Euro zone finance ministers will withhold a disbursement of 750 million euros to Greece on Monday because the country has not yet completed all the agreed reforms, but Athens could get the money released in April, the EU’s Economic Commissioner said.

European Commissioner for Economic and Financial Affairs Pierre Moscovici told reporters on entering a meeting of finance ministers of the 19 countries sharing the euro only three out of the 16 agreed reforms were still missing.

“It’s not finished, I think that it’s too early to decide formally the disbursement today,” Moscovici said.

“There are still some issues that need to be concluded but I am very confident that with goodwill and with work in the coming days, we will be capable of concluding that all issues are solved, so that we can decide the disbursement … at the latest at the next Eurogroup in April,” he said.

Greece struck a debt relief deal with euro zone creditors last June to continue various reforms even after its third bailout program ended in August. The Commission has the task of monitoring the reform progress.

In return, Athens is to get 750 million euros every six months. The money is part of about 4.8 billion euros of profits from Greek bonds held by the euro zone that is to be handed back to Athens by mid-2022 and from a waiver of the step-up interest rate margin on part of the euro zone loans.

(Reporting By Jan Strupczewski)

Source: OANN

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U.S. existing home sales surge, boosted by Fed’s signal on rates

An existing home for sale is seen in Silver Spring Maryland
FILE PHOTO: An existing home for sale is seen in Silver Spring, Maryland February 21, 2014. REUTERS/Gary Cameron

March 22, 2019

By Jason Lange

WASHINGTON (Reuters) – U.S. home sales surged in February to their highest level in 11 months, a sign that a pause in interest hikes by the Federal Reserve was starting to boost the U.S. economy.

The National Association of Realtors said on Friday existing home sales jumped 11.8 percent to a seasonally adjusted annual rate of 5.51 million units last month.

That was the highest level since March 2018 and well above analysts’ expectations of a rate of 5.1 million units. The one-month percentage change was the highest since December 2015. January’s sales pace was revised slightly lower.

February’s surge came as mortgage rates fell following signals from the Federal Reserve that it was no longer eyeing rate hikes. Several years of rising rates had put a brake on parts of the U.S. housing market in 2018, and the number of sales in February was still 1.8 percent lower than a year ago.

The U.S. housing market has also been held back by land and labor shortages, which have led to tight inventory and more expensive homes.

The median existing house price increased 3.6 percent from a year ago to $249,500 in February.

Existing home sales rose in three of the country’s four major regions and were unchanged in the Northeast.

There were 1.63 million previously owned homes on the market in February, up from 1.59 million in January.

At February’s sales pace, it would take 3.5 months to exhaust the current inventory, down from 3.9 months in January. A supply of six to seven months is viewed as a healthy balance between supply and demand.

(Reporting by Jason Lange; Editing by Andrea Ricci)

Source: OANN

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Bills allocated British rugby player Christian Wade

FILE PHOTO: NFL Football - Philadelphia Eagles v Jacksonville Jaguars - NFL International Series
FILE PHOTO: NFL Football - Philadelphia Eagles v Jacksonville Jaguars - NFL International Series - Wembley Stadium, London, Britain - October 28, 2018 Christian Wade before the match Action Images via Reuters/Paul Childs/File Photo

April 8, 2019

Former rugby player Christian Wade has been allocated to the Buffalo Bills as part of the NFL’s International Player Pathway Program, the team announced on Monday.

The 5-foot-8, 190-pound Wade was a highly decorated rugby star in the United Kingdom, having played for the national team at the U16, U18 and U20 levels, as well as making the British and Irish Lions squad. He retired from the rugby union last year to pursue playing in the NFL.

Wade’s 82 tries (touchdowns) in Premiership Rugby, mostly as a ballcarrier, is third all-time and he has been designated as a running back with the Bills.

Wade, 27, is one of seven international athletes from five countries who have been training in Florida with the goal of landing one of four placements among AFC East teams this offseason. He participated in a pro day last week, where he was timed at 4.53 seconds in the 40-yard dash.

The four clubs will be allowed to carry an extra player (91 total) during training camp and, should the player not make the final roster, will also receive an extra practice squad spot for the allotted player. However, those placed on the practice squad with the international player exemption will be ineligible to be activated during the season.

The International Player Pathway Program began in 2017 and rotates through divisions each year.

–Field Level Media

Source: OANN

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Former Peruvian president arrested in California for public intoxication, officials say

Former Peruvian President Alejandro Toledo was arrested Sunday in California on suspicion of public intoxication and was briefly detained, authorities said.

Toledo, 72, is wanted in his home country after being accused of taking $20 million in bribes from Brazilian construction firm Odebrecht while leading Peru. He has denied wrongdoing.

The former leader has been living in the San Francisco Bay Area, and Peruvian authorities have been seeking his extradition since 2017. A $30,000 reward has been offered for his capture.

PERU DEMOLISHES MAUSOLEUM HOLDING DEAD SHINING PATH REBELS

“Mr. Toledo was causing a disturbance at a local restaurant and they had asked him to leave and he refused,” San Mateo County Sheriff’s Det. Rosemerry Blankswade said.

 San Mateo County Sheriff's Office spokeswoman Rosemerry Blankswade said Monday that Alejandro Toledo was arrested Sunday night near a restaurant near the San Francisco Bay city of Menlo Park.

 San Mateo County Sheriff's Office spokeswoman Rosemerry Blankswade said Monday that Alejandro Toledo was arrested Sunday night near a restaurant near the San Francisco Bay city of Menlo Park. (San Mateo County Sheriff's Office via AP)

Toledo was arrested near a restaurant in Menlo Park. He was released Monday morning and the charge was dropped, as is routine for suspects arrested on public drunkenness.

PERU'S CHIEF PROSECUTOR ATTEMPTS TO DERAIL CORRUPTION PROBE

The San Mateo Sheriff’s Office said in a statement that it was aware of Toledo’s troubles in his home country but said “the existence of charges in Peru alone does not authorize the subject’s arrest in the United States.”

The Associated Press contributed to this report.

Source: Fox News World

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Report: Cummings Accepts Cohen Correction on Pardon Claim

Michael Cohen is off the hook for misleading the House Oversight Committee about his claim he never asked President Donald Trump for a pardon, The Washington Times reported.

Rep. Elijah Cummings, D-Md., said the president's onetime personal lawyer has now clarified through his own attorney that his testimony "could have been clearer," the news outlet reported.

"Our practice on this committee is to give witnesses an opportunity to clarify their testimony, and that is what Mr. Cohen has done," Cummings said, the news outlet reported. "I do not see the need for further action — at least at this time."

In his Feb. 27 opening statement to the committee, Cohen declared: "I have never asked for, nor would I accept, a pardon from President Trump."

His lawyers say he stands by that statement — but only in reference to after June 2018, when he left a joint defense agreement with Trump, the news outlet reported. They also admit a previous attorney acting on behalf of Cohen did sound out the president's lawyers about a pardon.

The excuse did not fly with Reps. Jim Jordan, R-Ohio and Mark Meadows, R-N.C., who have already asked the Justice Department to investigate if Cohen should face new charges over misleading the committee, the  Times reported.

"They're walking back a claim made unequivocally under oath. 'Never' didn't really mean 'never.' Laughable," Meadows tweeted.

Source: NewsMax Politics

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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It’s the type of crime that doesn’t happen every day.

Police in the suburbs of Philadelphia say three suspects broke into a medical facility in Wynnewood, Pennsylvania, last Saturday and fled with 18 colonoscopies – devices used for examining the health of patients’ colons.

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

AMERICAN SUPERMODEL PAT CLEVELAND ‘STAYING STRONG’ FOLLOWING COLON CANCER DIAGNOSIS

The devices were reportedly worth a total of about $450,000, authorities said.

But police were perplexed about what the suspects might have planned to do with the instruments.

“This is not something that a typical pawn shop might accept,” Lower Merion Police Detective Sergeant Michael Vice told Philadelphia’s WCAU-TV. “My feeling would be that it was some type of black market sales.”

Such a market apparently does exist, Lower Merion Police Superintendent Michael J. McGrath told Philly.com.

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“They appeared to know precisely where to go, and they pried the door open,” McGrath said of the suspects, who were captured on surveillance video leaving the facility, carrying bulging backpacks.

Police are hoping the suspects will be caught in the end.

Source: Fox News National

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