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May urged by some lawmakers to pull vote on Brexit deal: The Times

Prime Minister Theresa May speaks on Brexit ahead of next week's vote in Parliament on her revised Brexit deal in Grimsby
British Prime Minister Theresa May delivers a speech during her visit in Grimsby, Lincolnshire, Britain March 8, 2019. Christopher Furlong/Pool via REUTERS

March 11, 2019

Source: OANN

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UK consumers slow pace of borrowing growth, mortgages fall as Brexit nears

FILE PHOTO: A woman holds an umbrella as she walks past the window of an estate agents office in Manchester
FILE PHOTO: A woman holds an umbrella as she walks past the window of an estate agents office in Manchester, northern England June 7, 2011. REUTERS/Phil Noble

March 29, 2019

LONDON, March 29 (Reuters) – Lending to British consumers grew at its slowest annual pace in four-and-a-half years in February and banks approved fewer mortgages as Brexit approached, Bank of England data showed on Friday.

The annual growth rate in unsecured consumer lending slowed to 6.3 percent from 6.5 percent in January, its weakest rise since September 2014, the BoE figures showed.

British consumers reined in their spending in late 2018 and have remained in a cautious mood in early 2019, faced with the possibility of the country leaving the European Union without a deal to smooth the economic shock.

However, there were some signs that consumers are not reining in their spending sharply.

Figures for unsecured lending in February alone showed a 1.145 billion-pound increase, higher than economists’ forecasts of a rise of 900 million pounds.

The BoE said the number of mortgages approved for house purchase fell to 64,337 in February from 66,696 in January, compared with a median forecast of 65,000 in a Reuters poll of economists.

Britain’s housing market has weakened in the run-up to Brexit with price growth at around five-year lows.

Earlier on Friday, lender Nationwide said house prices rose by an annual 0.7 percent in the 12 months to March. While picking up slightly from a month earlier, it compared with increases of about 5 percent a year at the time of the Brexit referendum in 2016.

The BoE data showed net mortgage lending, which tends to lag behind approvals, at 3.457 billion pounds in February, down from 3.587 billion pounds in January. Economists taking part in the Reuters poll had expected a rise to 3.7 billion pounds.

Net credit card lending rose to 442 million pounds, picking up from 384 million pounds in January.

The BoE also said net gilt sales by foreign investors totaled 8.281 billion pounds in February compared with net sales of 9.545 billion pounds January.

(Reporting by William Schomberg and Rachel Cordery; uk.economics@reuters.com, +44 20 7542 7778)

Source: OANN

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UK rejects tycoon Vijay Mallya’s plea against extradition: Economic Times

FILE PHOTO - Vijay Mallya leaves after his extradition hearing at Westminster Magistrates Court, in London
FILE PHOTO - Vijay Mallya leaves after his extradition hearing at Westminster Magistrates Court, in London, Britain, December 10, 2018. REUTERS/Peter Nicholls

April 8, 2019

(Reuters) – Britain’s court rejected Indian liquor and aviation tycoon Vijay Mallya’s plea against extradition, the Economic Times newspaper reported on Monday.

In February, UK’s Home Office said the British government had signed an order to extradite Mallya.

(Reporting by Mekhla Raina in Bengaluru; Editing by Shailesh Kuber)

Source: OANN

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UN says fighting over Libya’s capital has displaced 18,000

The U.N. migration agency says recent clashes between rival Libyan militias for control of Tripoli have displaced more than 18,000 people.

U.N. spokesman Stephane Dujarric said on Monday in New York that the International Organization for Migration reported that 13 civilians are among the 146 killed so far in clashes since the self-styled Libyan National Army launched a major military offensive on April 5.

Dujarric says around 3,000 migrants remain trapped in detention centers in and close to conflict areas.

The fighting pits the Libyan National Army, led by commander Khalifa Hifter against militias affiliated with Tripoli's U.N.-backed government.

The clashes threaten to re-ignite civil war such as the 2011 one that toppled and killed longtime dictator Moammar Gadhafi. Libya is split between rival governments in the east and west.

Source: Fox News World

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The Latest: Grandma of missing boy has her fingers crossed

The Latest on efforts to confirm the identity of a 14-year-old who told police he is Timmothy Pitzen, an Illinois boy who has been missing since 2011 (all times local):

10:50 a.m.

The grandmother of an Illinois boy missing since 2011 says she's trying not to get her hopes up after hearing that he might be alive.

Speaking from her home in northern Illinois, Alana Anderson says "there have been so many tips and sightings and what not and you try not to panic or be overly excited."

Authorities are trying to confirm the identity of a 14-year-old boy told police in Newport, Kentucky, that he escaped two kidnappers in the Cincinnati area and ran across a bridge. He said his name is Timmothy Pitzen.

In 2011, then-6-year-old Timmothy Pitzen's mother killed herself, leaving a note saying her son was fine but that no one would ever find him.

Anderson says her daughter was having problems with her fourth marriage and had battled depression for years.

___

8:30 a.m.

Authorities are trying to confirm the identity of a teenager who told police he is an Illinois boy missing since 2011.

A 14-year-old boy told police in Newport, Kentucky, on Wednesday that he escaped two kidnappers in the Cincinnati area and ran across a bridge. He said his name was Timmothy Pitzen.

In 2011, then-6-year-old Timmothy Pitzen's mother picked him up at school in Illinois, took him to the zoo and a water park, and later killed herself at a hotel, leaving a note saying her son was fine but that no one would ever find him.

Police from Aurora, Illinois, sent two detectives to the Cincinnati area, where the FBI and local police are investigating. The boy was taken to a hospital, but no information was released.

Source: Fox News National

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Nick Sandmann Launches Lawsuit Against The Washington Post For Defamation

Covington Catholic student Nicholas Sandmann has officially launched a lawsuit against the Washington Post for defamation.

From Reuters:

A high school student from Covington, Kentucky, sued the Washington Post for defamation on Tuesday, claiming the newspaper falsely accused him of racist acts and instigating a confrontation with a Native American activist in a January videotaped incident at the Lincoln Memorial.

The lawsuit, filed in U.S. District Court in Kentucky by Covington Catholic High School student Nicholas Sandmann, 16, seeks $250 million in damages, the amount that Jeff Bezos, founder of Amazon.com and the world’s richest person, paid for the Post in 2013.

The lawsuit claims that the newspaper “wrongfully targeted and bullied” the teen to advance its bias against President Donald Trump because Sandmann is a white Catholic who wore a Make America Great Again souvenir cap on a school field trip to the March for Life anti-abortion rally in Washington, D.C. on Jan. 18.

The Washington Post said they “plan to mount a vigorous defense,” Reuters reported.

Wood tweeted about the suit on Tuesday:


Paul Joseph Watson reveals the world’s first overtly racist modeling agency who eliminated white people from their roster of models.

Their press release says: “Lin and Todd will continue to bring wrongdoers before the court to seek damages in compensation for the harm so many have done to the Sandmann family. This is only the beginning.”

Sandmann’s lawyers announced last week they’ll also be suing Nathan Phillips for his “well documented” “lies and false accusations.”

Source: InfoWars

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Dems will try to ‘connect the dots’ to push back against ‘ultimate trump card’ in Mueller report: Brody

President Trump's supporters can expect to hear the same liberal talking points of collusion and obstruction following the release of the redacted Mueller report, a political analyst told Fox News.

David Brody, Christian Broadcasting Network chief political correspondent, appeared on "Fox & Friends" and broke down the Democrat narrative of Russian collusion with the Trump campaign Thursday ahead of the report's release.

"Donald Trump has the ultimate trump card, right?" Brody told Fox News chief national correspondent Ed Henry. "No collusion."

IN MUELLER REPORT'S RELEASE TRUMP LOOKS FOR VINDICATION, BUT NEW FIGHTS LOOM

He added: "I think what we are going to see with Democrats today is... they're going to try to connect the dots and Adam Schiff is going to have some sort of collusion diagram going on."

Democrats, Brody charged, could end up contradicting themselves by questioning what Mueller found -- despite previously praising him.

"Democrats can't have it both ways, here. They wanted a special counsel, they got it. They said Mueller is a fair guy, and now all of a sudden, Mueller doesn't know what he is talking about. That doesn't work."

Democratic leaders Nancy Pelosi and Chuck Schumer put out a statement ahead of the Barr news conference saying they want Mueller to testify, which Brody calls the "nook and cranny strategy" to figure out a way to put Mueller in front of Congress.

He then took aim at those in the media critical of Barr's news conference, slated for 9:30 a.m. ET.

"The media complaining about a press conference. Let me get this straight -- Bill Barr is going to have a press conference and you can ask him questions about a process. No, no, no, no. We don't want to do it. We don't want that press conference? What in the world? It's upside down," Brody said.

Nearly two years of fevered speculation surrounding the Russia probe, though, will come to a head in a dramatic television finale-like moment on Thursday morning, when Barr and Deputy Attorney General Rod Rosenstein are set to hold a press conference to discuss the Mueller report's public release.

It was not immediately clear exactly when on Thursday the DOJ would release the redacted version of the nearly 400-page investigation into Russian election meddling, but the document was expected to be delivered to lawmakers and posted online by noon.

CLICK HERE TO GET THE FOX NEWS APP

Barr has said redactions in the report's release are legally mandated.to protect four broad areas of concern: sensitive grand jury-related matters, classified information, ongoing investigations and the privacy or reputation of uncharged "peripheral" people.

The chairman of the House Judiciary Committee, Democrat New York Rep. Jerrold Nadler, has said he is prepared to issue subpoenas "very quickly" for the full report if it is released with blacked-out sections, likely setting in motion a major legal battle.

Source: Fox News Politics

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Joe Biden’s brain surgeon said his former patient is “totally in the clear” as speculation over the candidate’s health — with Biden possibly becoming the oldest president in U.S. history — is likely to become a campaign issue.

The former vice president, who had been perceived by many as the strongest potential contender for the Democratic Party’s 2020 presidential nomination, formally announced his candidacy Thursday.

But Biden’s age – 76 – is expected to become a source of attacks from a younger generation of Democrats not because of obvious generational differences, but possibly for actual health concerns if Biden gets into office.

WHY THE MEDIA ARE CONVINCED JOE BIDEN WILL IMPLODE

Biden himself agreed last year that “it’s totally legitimate” for people to ask questions about his health if he decides to run for president, given his medical history — which has included brain surgery in 1988.

“I think they’re gonna judge me on my vitality,” Biden told “CBS This Morning.” “Can I still run up the steps of Air Force Two? Am I still in good shape? Am I – do I have all my faculties? Am I energetic? I think it’s totally legitimate people ask those questions.”

“I think they’re gonna judge me on my vitality. …  I think it’s totally legitimate [that] people ask those questions.”

— Joe Biden

But Dr. Neal Kassell, the neurosurgeon who operated on Biden for an aneurysm three decades ago, told the Washington Examiner that Biden appears to be “totally in the clear” — and even joked that the operation made Biden “better than how he was.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it,” Kassell said. “That’s more than I can say about all the other candidates or the incumbents.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it.”

— Dr. Neal Kassell

BIDEN’S CLAIM HE DIDN’T WANT OBAMA TO ENDORSE TRIGGERS MOCKERY

At the same time, however, Biden hasn’t been forthcoming about his health at least since 2008 when he released his medical records as a vice presidential candidate. The disclosure that time revealed some fairly minor issues such as an irregular heartbeat in addition to detailing previous operations, including removing a benign polyp during a colonoscopy in 1996, the outlet reported.

It remains unclear if Biden had more aneurysms. Some medical experts say that people who have had an aneurysm can have another one.

An aneurysm, or a weakening of an artery wall, can lead to a rupture and internal bleeding, potentially placing a patient’s life in jeopardy.

Biden won’t be the only Democrat grappling with old age. Sen. Bernie Sanders, another 2020 frontrunner, is currently 77 years old and agreed with Biden last year that their ages will be an issue in the race.

“It’s part of a discussion, but it has to be part of an overall view of what somebody is and what somebody has accomplished,” Sanders told Politico.

“Look, you’ve got people who are 50 years of age who are not well, right? You’ve got people who are 90 years of age who are going to work every day, doing excellent work. And obviously, age is a factor. But it depends on the overall health and wellbeing of the individual.”

CLICK HERE TO GET THE FOX NEWS APP

Sanders released his medical records in 2016, with a Senate physician saying in a letter that the senator was “in overall very good health.”

Source: Fox News Politics

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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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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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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