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Mexican envoy calls for fresh effort on Maduro-Guaido talks

Mexico's new U.N. ambassador says a fresh effort should be made to persuade Venezuelan President Nicolas Maduro and opposition leader Juan Guaido to discuss their differences without preconditions and try to find a solution to their country's crisis.

Ambassador Juan Ramon de la Fuente Ramirez stressed Mexico's neutrality, saying his government wants to see a peaceful solution that is "going to lead to dialogue."

Alluding to the Trump administration, he said sanctions and "blockades" are "not the best set of things that you can put in play" to achieve peace.

De la Fuente told reporters after presenting his credentials to Secretary-General Antonio Guterres on Monday that the U.N. chief was "very sympathetic" to Mexico's calls for dialogue.

Source: Fox News World

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Gaza rockets rattle Tel Aviv, but hurt none; Hamas denies responsibility

Israeli Prime minister Benjamin Netanyahu and Chief of staff Aviv Kohavi hold a security consulations at the Kirya Defense Ministry compound in Tel Aviv
Israeli Prime minister Benjamin Netanyahu and Chief of staff Aviv Kohavi hold a security consulations at the Kirya Defense Ministry compound in Tel Aviv. March 14, 2019. Ariel Harmoni/Defense Ministry/Handout via REUTERS

March 14, 2019

By Rami Amichay

TEL AVIV (Reuters) – Two rockets were launched from the Gaza Strip at the Tel Aviv area on Thursday, the Israeli military said, in the first such attack there since the 2014 war in the Palestinian enclave.

The salvo caused no damage or casualties. But it rattled Israeli nerves ahead of an April 9 election in which Prime Minister Benjamin Netanyahu is seeking a fifth term on the strength of his national security and diplomatic credentials.

After air raid sirens howled throughout Tel Aviv and surrounding towns, Reuters journalists heard several explosions in Israel’s coastal conurbation. TV footage showed Israeli interceptor missiles streaking into the sky and detonating.

Despite the apparent activation of Israel’s Iron Dome air defense system, the military said no rockets were shot down nor landed in any built-up areas.

It was the first time sirens had sounded in the city since the 2014 Gaza war between the territory’s dominant Hamas Islamists and Israel. There have been several smaller rounds of fighting since, reined in by Egyptian and U.N. mediations.

“This was basically a surprise,” military spokesman Brigadier-General Ronen Manelis told Israel Radio. He said Israel had no advance intelligence warnings of the rocket fire, which went unclaimed by any Palestinian group.

“We don’t know who carried it out,” Manelis said, adding: “The Hamas organization is the main organization in the Strip. It is responsible for what happens within the Strip and what emanates from it.”

Hamas denied involvement for the rocket salvo, which it said took place as its leaders met Egyptian delegates about efforts to secure a long-term ceasefire with Israel.

SHELTERS PREPARED

A statement by the Hamas armed wing said it was “not responsible for the firing of the rockets tonight toward the enemy.” The Hamas administration vowed to “take measures” against those behind the salvo, which it described as violating the “factional and national consensus” governing Gaza.

Islamic Jihad and the Popular Resistance Committees, two smaller Gaza armed factions, also denied responsibility.

Israeli analysts speculated that Palestinian militants opposed to any deal between Hamas and Israel were behind the launchings.

About 40 minutes after the alarm, traffic was flowing normally on Tel Aviv’s main highway. Still, the municipality asked residents to open bomb shelters as a precaution.

Netanyahu, who doubles as Israel’s defense minister, was conferring with military and security staff, his office said.

Naftali Bennett, a member of Netanyahu’s security cabinet who is vying with him for rightist-votes in the looming ballot, issued a statement demanding the assassination of Hamas chiefs. “The time has come to defeat Hamas once and for all,” he said.

Netanyahu also faced pressure from the center-left opposition, whose leading candidate, ex-general Benny Gantz, said “only aggressive, harsh action will restore the deterrence that has eroded” under the prime minister’s watch.

Tensions have been high for the past year along the Israel-Gaza frontier since Palestinians began violent protests near Israel’s border fence that have often drawn a lethal response from the Israeli military.

Around 200 Palestinians have been killed in the demonstrations and about 60 more Palestinians have died in other incidents, including exchanges of fire across the border. Two Israeli soldiers have been killed by Palestinian fire.

(Additional reporting by Nidal al-Mughrabi in Gaza; Writing by Jeffrey Heller; Editing by Andrew Heavens and Chris Reese)

Source: OANN

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#AvocadoChallenge 2.0: Give a Democrat an Avocado to Stop Human Trafficking

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Source: InfoWars

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SK Innovation to invest $845 million in building second battery plant in Hungary

FILE PHOTO - The logo of SK Innovation is seen in front of its headquarters in Seoul
FILE PHOTO - The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo

February 27, 2019

SEOUL (Reuters) – South Korea’s SK Innovation, which owns the country’s top refiner SK Energy, said on Wednesday that it will invest a total of 945.2 billion won ($845 million) to build its second battery plant in Hungary.

The investment will be made to build and operate the company’s battery plant, the company said in a regulatory filing without elaborating on a production capacity and construction period.

(Reporting By Jane Chung; editing by Christian Schmollinger)

Source: OANN

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Germany indicts Indian couple with spying on Sikh opposition

German prosecutors say they have indicted two Indian citizens for spying on the Sikh opposition and Kashmiri separatists in Germany.

Federal prosecutors said Tuesday that 50-year-old Manmohan S. is accused of providing information to India's foreign intelligence agency, the Research and Analysis Wing, from January 2015 onward.

His wife, 51-year-old Kanwal Jit K., allegedly also began cooperating with the spy agency starting in July 2017. Their full names weren't released due to German privacy rules.

Prosecutors said the couple is accused of receiving a total of 7,200 euros (about $8,100) for the information they provided to their handler, who was stationed in Germany.

Source: Fox News World

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Vaccine Truthers Face An Inquisition

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Goldcorp shareholders approve Newmont’s $10 billion takeover offer

FILE PHOTO: A visitor reads a pamphlet at the Goldcorp gold mining company booth during the PDAC convention in Toronto
FILE PHOTO: A visitor reads a pamphlet at the Goldcorp gold mining company booth during the Prospectors and Developers Association of Canada (PDAC) annual convention in Toronto, Ontario, Canada March 4, 2019. REUTERS/Chris Helgren/File Photo

April 4, 2019

(Reuters) – Goldcorp shareholders approved Newmont Mining Corp’s $10 billion takeover offer on Thursday, removing one of the last remaining hurdles to create the world’s largest gold producer.

While some Goldcorp shareholders had voiced concerns in recent weeks, in the end there was little push back against blessing the biggest-ever corporate takeover in the gold sector’s history, according to Refinitiv data.

The deal, which would create a company with assets in the Americas, Africa and Australia, will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.

About 97 percent of Goldcorp’s outstanding shares that were voted at a special meeting were cast in favor of the deal, the company said in a statement. Newmont had offered 0.328 of its shares and 2 cents for each Goldcorp share.

“We appreciate Goldcorp shareholders’ vote of confidence, which moves us one step closer to creating the world’s leading gold business,” Newmont Chief Executive Gary Goldberg said in a statement.

Vancouver-based Goldcorp shares rose slightly on Thursday afternoon to C$15.39 in Toronto, and shares of Denver-based Newmont rose slightly to $36.02 in New York. The benchmark S&P/TSX Global Gold Index gained 0.8 percent.

The new company, to be called Newmont Goldcorp, will overtake current market leader Barrick Gold Corp in annual production, churning out 6 million to 7 million ounces of gold annually over the next 10 years, compared with Barrick’s forecast of 5.1 million to 5.6 million ounces for 2019.

The $1 billion to $1.5 billion of assets the combined company is expected to shed, combined with mines Barrick plans to sell in the wake of its acquisition of Randgold Resources earlier this year, is expected by analysts to fuel further sector deals.

That is a change from the last several years, when miners focused on cutting costs instead and investors lost confidence in the industry after years of dilutive share issuances and pricey acquisitions.

Thursday’s vote comes after a tense start to the year for the gold industry, sparked by Barrick’s hostile bid for Newmont two months ago, a proposal that would have required the Goldcorp deal be scrapped.

While that was resolved through the creation of a joint venture of Barrick and Newmont’s Nevada assets, Newmont investors raised concerns about Goldcorp receiving too much of the benefits from the joint venture, which the company responded to with an 88-cent special dividend.

(Reporting By Ernest Scheyder and Nichola Saminather; editing by Diane Craft)

Source: OANN

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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