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UK to block Huawei from core parts of 5G network: source

FILE PHOTO: The logo of Huawei Technologies is pictured in front of the German headquarters of the Chinese telecommunications giant in Duesseldorf
FILE PHOTO: The logo of Huawei Technologies is pictured in front of the German headquarters of the Chinese telecommunications giant in Duesseldorf, Germany, February 18, 2019. REUTERS/Wolfgang Rattay/File Photo

April 24, 2019

Source: OANN

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Venezuela’s Guaido calls for massive protest as blackout drags on

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EU watchdogs give banks no leeway on Brexit-driven hub demands

FILE PHOTO: The skyline of banking district is photographed in Frankfurt
FILE PHOTO: The skyline of banking district is photographed in Frankfurt, Germany, April 9, 2019. REUTERS/Kai Pfaffenbach/File Photo

April 23, 2019

By Huw Jones, Sinead Cruise and Francesco Canepa

LONDON/FRANKFURT (Reuters) – European Union regulators are refusing to cut British-based banks any slack over bulking up in the bloc in preparation for Brexit, despite an extension to the process which some have taken as an opportunity to drag their feet.

Cost-conscious banks are reluctant to spend millions more and cause further disruption to already unsettled staff given uncertainty over how and when Britain will leave the EU.

“Businesses are trying to be savvy, to meet the minimum legal requirement and figure the rest out after Brexit,” Hakan Enver, managing director for financial services at recruiter Morgan McKinley told Reuters.

Banks are trying to minimize staff moves despite pressure from the European Central Bank (ECB), which set a proviso to granting licenses that firms would beef up their EU units with more employees and assets over the next one to two years.

This requirement has not changed, a source close to the matter said, even though the EU has given Britain until Oct. 31 to leave, an extension from the original “Brexit Day” of March 29.

“Banks are still expected to stick to the timeline agreed with the ECB,” the source said.

Dozens of banks have already set up new bases in the EU to avoid disrupting services to clients. Regulators issued licenses for them, even though they are thinly staffed, so that they could be operational when Britain was meant to quit the EU.

HSBC, which declined to comment, shifted some staff from London to its Paris subsidiary in case of a no-deal Brexit on April 12, only to recall them when a new delay was agreed.

And a source at a major U.S. bank said it had dozens of staff lined up to move if there was a no-deal Brexit, but stood them down and is now awaiting clarity before any further moves.

“We are inclined to say that while we remain in this holding pattern, we don’t have to move anyone or anything,” the source said, adding that Brexit could yet be scrapped completely.

The Bank of England expects about 4,000 banking and insurance jobs will have moved from London to new EU hubs by Brexit Day, but recruiters and banking sources say the number that have moved so far is much lower than that.

Some banks were behind with plans to be operationally ready and are now using the delay to complete moves of customer accounts to new hubs, a senior official at a global bank said.

Meanwhile, Britain’s Financial Conduct Authority’s has warned financial firms sending staff to new EU hubs to ensure they still have “appropriate senior oversight” of their operations left behind in Britain.

BACK-TO-BACK

Banks have so far moved around a trillion euros in stocks, bonds, derivatives contracts and other assets from London to their new EU hubs. Accounts of EU clients must also be moved to conduct business from these hubs, a process known as repapering.

But there is still a long tail of small customers for whom repapering is a burdensome task of changing IT and controls systems, limiting how much business new hubs can take on despite regulatory pressure to move in to higher gear.

“Nobody is yet really doing any substantive business, but there will be a robust dialogue between banks and regulators about when to transfer substantive amounts of business and client preferences will play a big role,” said Vishal Vedi, lead financial services Brexit partner at Deloitte.

EU regulators gave temporary concessions to banks to obtain a license, such as continuing to book some trades in London, but their tolerance is waning.

“We expect some back-to-back (trading) to continue, though new hubs in Frankfurt will have to show the ECB that they can stand on their own two feet if need be,” a senior banking regulator told Reuters.

Having to build up capital in a new unit is expensive for banks at a time of a slowdown in European investment banking.

European M&A was down 67 percent in the first quarter of the year, while first quarter results due out over the next few weeks are expected to show trading volumes at European investment banks were down 15 to 20 percent.

“The longer the extension period, the longer it will be problematic for firms,” Andrew Gray, head of UK financial services at PwC, said.

(Editing by Alexander Smith)

Source: OANN

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Israel recovers body of U.S.-born soldier missing since 1982

Israeli Prime Minister Benjamin Netanyahu gives a statement
Israeli Prime Minister Benjamin Netanyahu gives a statement regarding the recovering of the body of a U.S.-born Israeli soldier, Zachary Baumel, who went missing in a tank battle against Syrian forces in Lebanon in 1982, during a news conference in Jerusalem, April 3, 2019. REUTERS/Ronen Zvulun

April 3, 2019

By Jeffrey Heller

JERUSALEM (Reuters) – Israel has recovered the body of a U.S.-born Israeli soldier missing since a 1982 tank battle against Syrian forces, a case that had long vexed the nation, the military said on Wednesday.

Zachary Baumel, who immigrated to Israel with his parents from New York in 1970, was 21 when he fought in Israel’s invasion of Lebanon and was declared missing in action (MIA) along with two other soldiers in the Battle of Sultan Yacoub.

“The last words he wrote to his parents, on a postcard before Sultan Yacoub, were: “Don’t worry, everything is fine, but I probably won’t be home for a while,'” Prime Minister Benjamin Netanyahu said in a televised statement.

Lieutenant-Colonel Jonathan Conricus, an Israeli military spokesman, said Baumel’s remains were flown to Israel by El Al Israel Airlines several days ago.

Conricus declined to say how or where the body of Baumel, a tank crewman and sergeant, was recovered in what he described as an intelligence operation, and Netanyahu gave no details in his address.

In 2018, Russia – which Netanyahu is due to visit for talks with President Vladimir Putin on Thursday – said its troops in Syria had been trying to locate the remains of Israeli soldiers killed in previous conflicts.

Two other Israeli tank crew members are still listed by the military as missing in action from the June 10-11, 1982 battle.

Over the years, there had been unverified reports that Baumel and the other soldiers missing at Sultan Yacoub, Zvi Feldman and Yehuda Katz, might have survived the fighting and been captured.

The fate of Israeli air force navigator Ron Arad, whose plane crashed in Lebanon in 1986, has also never been clarified.

Israel hoped forensic tests might determine if Baumel was killed outright or died under other circumstances, Conricus said.

Baumel’s father, Yona, who died in 2009, led an international campaign to discover whether his son might still be alive.

“Today, we are lifting the uncertainty and closing a circle,” Netanyahu said, vowing continued efforts to discover the fate of Israel’s other MIAs.

He said Baumel’s tank crewman overalls and Jewish religious garment were found with the soldier’s remains.

“This is one of the most emotional moments I have experienced in all my years as prime minister,” said Netanyahu, who has been in office for the past decade and is vying for a fifth term in a closely contested election on April 9.

In 2016, in a ceremony attended in Moscow by Netanyahu, Russia returned an Israeli tank that had been captured by Syria at Sultan Yacoub and transferred to a Russian museum.

(Editing by Mark Heinrich)

Source: OANN

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Singapore seizes more pangolin scales in week’s 2nd bust

Singapore has seized 14 tons of pangolin scales belonging to around 21,000 endangered mammals in the second such bust in less than a week.

The scales, which were en route from Nigeria to Vietnam, were found in 474 bags in a shipping container on Monday. The National Parks Board, Singapore Customs and the Immigration and Checkpoints Authority say the cargo was declared as cassia seeds.

Last Wednesday, officials discovered a record 14.2 tons of pangolin scales hidden among packets of frozen beef. The earlier shipment was also on its way from Nigeria to Vietnam.

The pangolin is said to be the most widely trafficked mammal in the world, and its scales are in high demand in Asia for use in traditional Chinese medicine.

Source: Fox News World

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Trump claims he ‘never’ told McGahn to fire Mueller, says he ‘could have done it’ himself

President Trump on Thursday insisted he “never” told former White House Counsel Don McGahn to fire Special Counsel Robert Mueller, saying he could have done it himself, and had the “legal right to do so,” despite the special counsel’s report saying he instructed McGahn to have Mueller removed.

“As has been incorrectly reported by the Fake News Media, I never told then White House Counsel Don McGahn to fire Robert Mueller, even though I had the legal right to do so. If I wanted to fire Mueller, I didn’t need McGahn to do it, I could have done it myself,” Trump tweeted early Thursday.

“Nevertheless, Mueller was NOT fired and was respectfully allowed to finish his work on what I, and many others, say was an illegal investigation (there was no crime), headed by a Trump hater who was highly conflicted, and a group of 18 VERY ANGRY Democrats. DRAIN THE SWAMP!” he continued.

The president’s tweets come following a battle between Capitol Hill and the White House related to McGahn’s testimony. House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., subpoenaed McGahn to appear before his panel after he was featured prominently in Mueller’s report. The president has vowed to block that subpoena, and any others for current and former officials coming from Congress.

TRUMP VOWS TO FIGHT 'ALL' SUBPOENAS AGAINST ADMINISTRATION, CALLS DEMAND FOR MCGAHN TESTIMONY 'RIDICULOUS'

Mueller’s nearly 500-page report revealed that the special counsel did not find evidence of collusion between the 2016 Trump campaign and Russia—a conclusion Trump has touted and repeated for days.

“No collusion, no obstruction,” Trump said on Wednesday.

But despite his comments, Mueller did not come to a conclusion on the matter of whether the president obstructed justice—rather, the report revealed an array of controversial actions and requests made by the president that were examined as part of Mueller’s obstruction inquiry.

McGahn’s interview with investigators factored prominently into this section, including a claim that McGahn disobeyed Trump’s call to have him seek Mueller’s removal.

“On June 17, 2017, the president called [White House Counsel Don] McGahn at home and directed him to call the Acting Attorney General and say that the Special Counsel had conflicts of interest and must be removed. McGahn did not carry out the direction, however, deciding that he would resign rather than trigger what he regarded as a potential Saturday Night Massacre,” the report stated, referencing the Watergate scandal.

The report also revealed that when the media reported of the president’s request for McGahn to have Mueller removed, the president directed White House officials “to tell McGahn to dispute the story and create a record stating he had not been ordered to have the special counsel removed.”

“McGahn refused to back away from what he remembered happening,” the report said.

The report went on to explain that two days after the initial request to McGahn, the president made another attempt to “affect the course of the Russia investigation.”

Nadler subpoenaed McGahn this week, but the White House has vowed to fight back against congressional Democrats issuing subpoenas for administration officials.

“The subpoena is ridiculous. ... I have been the most transparent president and administration in the history of our country by far,” Trump told reporters Wednesday. “We’re fighting all of the subpoenas…Look, these aren’t like, impartial people. They are Democrats trying to win in 2020.…They’re not going to win against me.”

TRUMP: 'NO REASON' TO HONOR DEMS' 'VERY PARTISAN' SUBPOENAS, AS MCGAHN TESTIMONY FIGHT LOOMS

He once again declared the probe found “no collusion and they also came up with no obstruction,” adding: “I thought after two years we’d be finished with it, no—now the House goes subpoenaing. They want to know every deal I’ve ever done.”

Barr and Deputy Attorney General Rod Rosenstein determined that the evidence found in the investigation was “not sufficient” to establish an obstruction-of-justice charge. But Mueller’s report seemingly left the decision on obstruction up to Congress—intensifying their already existing investigations into the president.

Nadler slammed the administration in response to reports that they'd fight the McGahn subpoena.

"The Committee has served a valid subpoena to Mr. McGahn. We have asked him to supply documents to the Committee by May 7 and to testify here on May 21. Our request covers the subjects described by Mr. McGahn to the Special Counsel, and described by Special Counsel Mueller to the American public in his report. As such, the moment for the White House to assert some privilege to prevent this testimony from being heard has long since passed," he said in a statement.

Nadler added: "I suspect that President Trump and his attorneys know this to be true as a matter of law—and that this evening’s reports, if accurate, represent one more act of obstruction by an Administration desperate to prevent the public from talking about the President’s behavior. The Committee’s subpoena stands."

Source: Fox News Politics

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College Students Support Cultural Appropriation on St. Patrick’s Day

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Maga First News with Peter Boykin

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul
Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul, Afghanistan April 26, 2019. REUTERS/Omar Sobhani

April 26, 2019

By Rupam Jain and Hameed Farzad

KABUL (Reuters) – Afghan President Ashraf Ghani encouraged newly-elected lawmakers to participate in the peace process with the Taliban as he opened on Friday the first session of parliament since a controversial election.

Ghani has invited thousands of politicians, religious scholars and rights activists to an assembly known as a loya jirga next week to discuss ways to end the 17-year war.

Several opposition leaders have said they will boycott the four-day assembly in Kabul, saying it was pulled together without their input and is being used by Ghani as he seeks a second term in a September presidential election.

“We have presented the peace plan on a regular basis and we are committed to it,” Ghani said in the first session since parliamentary elections marred by technical problems, militant attacks and accusations of voting fraud last year.

“Based on this plan, there will be no peace deal and negotiation that does not have the green card of the parliament,” he added.

Officials from the United States and the Taliban have held several rounds of talks to end the Afghan war.

U.S. negotiator, Zalmay Khalilzad, has reported some progress toward an accord on a U.S. troop withdrawal and on how the Taliban would prevent extremists from using Afghanistan to launch attacks as al Qaeda did on Sept. 11, 2001.

The insurgents have so far rejected U.S. demands for a ceasefire and talks on the country’s political future that would include Afghan government officials.

The loya jirga, a centuries-old institution used to build consensus among competing tribes, factions and ethnic groups, is an attempt by Ghani to influence the peace talks and cement his position for a second term, Afghan politicians and Western diplomats say.

Amid growing political divisions in Kabul, opposition politicians have demanded that Ghani step down when his mandate ends next month, and give way to an interim government to oversee peace talks with the Taliban. Ghani has ruled that out.

The country’s top court said last week Ghani can stay in office until the presidential election in September.

(Reporting by Hameed Farzad, Rupam Jain, Editing by Darren Schuettler)

Source: OANN

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Deputy Attorney General Rod Rosenstein Thursday defended special counsel Robert Mueller’s investigation while slamming former President Barack Obama’s administration for being slow to take action on Russian interference in U.S. elections and ex-FBI Director James Comey for telling Congress the agency was investigating collusion between the Trump campaign and Russia.

“Our nation is safer, elections are more secure, and citizens are better informed about covert foreign influence schemes,” Rosenstein said in a speech to the Armenian Bar Association, marking his first public remarks after the Mueller report was released, reports CBS News.

He also pointed out that the investigation revealed a pattern of computer hacking and the use of social media to undermine elections as “only the tip of the iceberg of a comprehensive Russian strategy to influence elections, promote social discord, and undermine America, just like they do in many other countries,” reports The Wall Street Journal.

The Obama administration also made “critical decisions,” including choosing not to publicize the full story about Russian hackers and social media trolling, “and how they relate to a broader strategy to undermine America,” said Rosenstein.

He noted that the Mueller probe began after Comey disclosed during a hearing before Congress that President Donald Trump “pressured him to close the investigation and the president denied that the conversation occurred.”

Rosenstein said two years ago, when he was confirmed, he was told by a Republican senator that he would be in charge of the probe and that he’d report the results to the American people.

However, he said he didn’t promise to do that, because it is “not our job to render conclusive factual findings. We just decide whether it is appropriate to file criminal charges.”

Source: NewsMax Politics

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FILE PHOTO: The Huawei logo is pictured outside its Huawei's factory campus in Dongguan, Guangdong province
FILE PHOTO: The Huawei logo is pictured outside its Huawei’s factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Ben Blanchard

BEIJING (Reuters) – Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China’s Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

News that Britain’s National Security Council, attended by senior ministers and spy chiefs, had agreed on Tuesday to bar Huawei from all core parts of the country’s 5G network and restrict its access to non-core elements was leaked to a national newspaper.

The leak of secret discussions has sparked anger in parliament and amongst Britain’s intelligence community. Britain’s most senior civil servant Mark Sedwill has launched an inquiry and written to ministers who were at the meeting.

“My understanding from London (is) that an investigation has been announced into apparent leaks from the NSC meeting earlier this week,” said Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing.

“To my knowledge there has never been a leak from a National Security Council meeting before and therefore I think it is very important that we get to the bottom of what happened here,” he told Reuters in a pooled interview.

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation. The majority of the ministers at the NSC meeting have said they were not involved, according to media reports.

Hammond said he was unaware of any previous leak from a meeting of the NSC.

“It’s not about the substance of what was apparently leaked. It’s not earth-shattering information. But it is important that we protect the principle that nothing that goes on in national security council meetings must ever be repeated outside the room.”

Allowing Huawei a reduced role in building its 5G network puts Britain at odds with the United States which has told allies not to use its technology at all because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

There have been concerns that the NSC’s conclusion, which sources confirmed to Reuters, could upset other allies in the world’s leading intelligence-sharing network – the Five Eyes alliance of the United States, Britain, Australia, Canada and New Zealand.

However, British ministers and intelligence officials have said any final decision on 5G would not put critical national infrastructure at risk. Ciaran Martin, head of the cyber center of Britain’s main eavesdropping agency, GCHQ, played down any threat of a rift in the Five Eyes alliance.

(Writing by Michael Holden; Editing by Mark Heinrich)

Source: OANN

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