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Teens who were with boy shot by officer are added to lawsuit

Four teenagers who were with a black Ohio boy before he was fatally shot by a white police officer are now third-party defendants in a lawsuit over his death, even though his family doesn't believe the teens should be held financially responsible.

The Columbus Dispatch reports the city of Columbus wanted the teens added to the case over the September 2016 death of 13-year-old Tyre (TY'-ree) King. That means they could be on the hook if Columbus or the officer is found liable for damages.

The city contends Tyre's death was a consequence of the teens' misbehavior.

Police say Tyre was with another teen who robbed someone, and Tyre was shot by a responding officer who thought he had a firearm. It turned out to be an inoperable BB gun.

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Information from: The Columbus Dispatch, http://www.dispatch.com

Source: Fox News National

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Prince Charles unveils Shakespeare statue, banters with Cubans

Britain's Prince Charles and Camilla, Duchess of Cornwall, with Cuban dancer Carlos Acosta and his wife Charlotte Acosta watch a dance performance at Acosta's dance studio in Havana
Britain's Prince Charles and Camilla, Duchess of Cornwall, with Cuban dancer Carlos Acosta and his wife Charlotte Acosta watch a dance performance at Acosta's dance studio in Havana, Cuba, March 25, 2019. REUTERS/Fernando Medina

March 25, 2019

By Sarah Marsh

HAVANA (Reuters) – Prince Charles on Monday unveiled a statue of English playwright William Shakespeare in the heart of Havana’s restored colonial center, as part of the first official visit ever by a British royal to communist-run Cuba.

The Prince of Wales, who is a keen conservationist, and his wife Camilla were guided on their city tour by Eusebio Leal, an historian widely recognized for overseeing a facelift of the Cuban capital’s historic center.

Wearing sunglasses to protect himself from the fierce Caribbean sun, the 70-year old heir to the British throne stopped to banter with tourists and Cubans on his walk.

His three-day trip aims to strengthen British-Cuban relations as part of a broader normalization of the island’s relations with the West, even though the Trump administration has sought to unravel a detente between Cuba and the United States.

“He told me the best thing about my place was the air conditioning,” chuckled Josefina Hernandez, 58, who runs a private barbershop in Old Havana that Charles stopped to visit, sitting down in one of the antique swivel seats with red leather upholstery.

“I would never have thought a prince were so down-to-earth, and that he would choose such a humble place to sit and talk. He said he had just had his hair cut so he didn’t need another.”

The Prince of Wales stopped to talk with the owners of several such private businesses that have flourished over the last decade since Cuba started opening more of its beleaguered state-dominated economy to free enterprise.

“He said it looked delicious, but he’d had a good breakfast,” said Carlos Leiva, 34, who runs a churros stand on a cobbled pedestrian street.

Charles also visited a workshop which trains hundreds of young people in restoration techniques, necessary for the upkeep of Havana, that was founded in 1519. Much of the city has crumbled due to neglect and lack of funds for restoration.

“He’s a sensitive person who clearly has knowledge of restoration, said workshop director Juan Carlos Botello, 55. “He was very interested in the plaster pieces for the Capitol and signed a piece that will be placed there. We won’t paint over that piece.”

“It is always good for there to be a cultural exchange.”

The royal couple stopped at several points to listen to bands playing traditional Cuban music including Guantanamera.

“I wish all countries would be friendly like this,” said Havana resident Alberto Gutierrez, surprised to see the royals walking through the leafy Plaza de Armas. “Then there would be peace.”

Later on Monday, the royal couple is set to meet and dine with Cuban President Miguel Diaz-Canel, who succeeded Raul Castro a year ago. Charles first met Diaz-Canel last year when he visited London during a tour of several countries.

The royals added Cuba onto their nearly two-week Caribbean tour of former and current British territories at the request of the British government.

(Reporting by Sarah Marsh; Editing by Paul Simao)

Source: OANN

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The Latest: EU urges Libyan rival forces to start talking

The Latest on the situation in Libya (all times local):

5:00 p.m.

The European Union's foreign policy chief has called on all sides in the escalating Libyan military conflict to stop fighting and start talking.

Federica Mogherini said Monday that European Union foreign ministers meeting in Luxembourg were united in their call for a truce.

Mogherini says all sides in the recent surge in fighting should "go back to the negotiating table under the auspices of the U.N. and make sure that the Libyan people get what they really want, which is peace and stability for their country."

The U.N. says that fighting over Libya's capital that erupted last week has already displaced 2,800 people. The death toll has risen to 49, including civilians.

Libya is a departure point for many refugees trying to cross the Mediterranean to Europe.

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4:45 p.m.

The only functional airport in the Libyan capital has announced it was hit by an airstrike amid clashes between rival armed groups for control of Tripoli. No casualties were reported.

The official Facebook page of the Mitiga airport said a fighter jet attacked the facility on Monday. There were no other details.

A video circulated online shows a fighter jet firing and allegedly targeting the airport. The facility, located 8 kilometers (5 miles) east of the city center, originally functioned as a military base.

The fighting for Tripoli erupted last week when the self-styled Libyan National Army, led by Khalifa Hifter, began an offensive against the capital, clashing with rival militias that support the U.N.-backed government.

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2:50 p.m.

The U.N. humanitarian coordinator in Libya says 2,800 people have been displaced by fighting between rival militias over the capital, Tripoli.

Maria do Valle Ribeiro said Monday that clashes have prevented emergency services from reaching casualties and civilians, and have damaged electricity lines.

She warned that the increased violence is worsening the situation for migrants held in Tripoli's detention centers.

Fighting was underway Monday at the international airport, some 24 kilometers (15 miles) from central Tripoli.

The self-styled Libyan National Army, led by Khalifa Hifter, began an offensive against the capital last week.

Rival militias that support the U.N.-backed government in Tripoli have vowed to recapture all the areas recently seized by Hifter's forces.

The two sides reported that at least 41 people, including civilians, had been killed since Thursday.

Source: Fox News World

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Former Fed chair Yellen says yield curve may signal need to cut rates, not a recession

Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion in Atlanta
Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Berry

March 25, 2019

HONG KONG (Reuters) – Former U.S. Federal Reserve chair Janet Yellen said on Monday the U.S. Treasury yield curve may signal the need to cut interest rates at some point, but it does not signal a recession.

Yellen, who led the Fed between 2014 and 2018, was speaking at the Credit Suisse Asian Investment Conference in Hong Kong.

The yield curve inverted on Friday for the first time since mid-2007, a shift that has in the past signaled the risk of recession. The slope regained its ascendancy in European trading on Monday after stronger-than-expected German data.

Charles Evans, a voting member of the Fed’s policy-setting Federal Open Market Committee, told the same conference on Monday that it was understandable for markets to be nervous when the yield curve flattened.

(Reporting by Noah Sin; Editing by Kim Coghill)

Source: OANN

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Dem Sens. Warren, Harris Back Reparations for Black Americans

Democratic presidential contenders, Sens. Elizabeth Warren, D-Mass., and Kamala Harris, D-Calif., are backing reparations for black Americans affected by slavery and Jim Crow laws, The New York Times reported.

The Times noted the support by the pair, as well as that of rising-star Rep. Alexandria Ocasio-Cortez, D-N.Y., signals the party's attention to race.

"We must confront the dark history of slavery and government-sanctioned discrimination in this country that has had many consequences, including undermining the ability of black families to build wealth in America for generations," Warren told the Times in remarks posted Thursday.

"We need systemic, structural changes to address that."

In a radio interview on the syndicated "The Breakfast Club," last week, Harris also voiced support for reparations.

"So, you've got to recognize back to that earlier point people aren't starting out on the same base in terms of their ability to succeed, and so we've got to recognize that and give people a lift up, and there are a number of ways to do it," she said.

Asked by host Charlamagne Tha God "You are for some type of reparations?," Harris replied: "Yes, I am."

Recently announced 2020 candidate Sen. Bernie Sanders, I-Vt., was opposed in 2016, and former President Barack Obama called the idea impractical in 2016, the Times noted.

Source: NewsMax America

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Student group decries Columbia prof’s ‘disturbing’ Israel-ISIS comparison

A pro-Israel student group at Columbia University has called on the university's leadership to denounce a Facebook post by an Iranian studies and comparative literature professor in which he compared the Jewish state to the Islamic State (ISIS).

The since-deleted post by Hamid Dabashi, published March 30, asked: "What's the difference between ISIS and ISRAEL? ... ISIS murderous thugs conquered parts of Syria and declared a 'caliphate,' no decent human being on planet earth recognized their armed robbery or their 'caliphate' – their ISRAELI  counterparts meanwhile conquered parts of Syria and declared it part of their Zionist settler colony – no decent human being on planet earth recognizes their armed robbery ..."

Dabashi then answered his own question: "ISIS does not have a platoon of clean shaven and well coiffured [sic] columnists at the New York Times propagating the cause of the terrorist outfit as the Zionists columnists do on a regular basis.

"All of Syria belong to all Syrian people," Dabashi concluded, " not an inch it either to ISIS or to ISRAEL".

"While we as a member of the Columbia community strongly believe in academic freedom and have the utmost respect for all educators, this kind of utterly despicable and repugnant statement is not to be expected from a tenured faculty holder in an Ivy League institution," the university chapter of Students Supporting Israel said in a statement Thursday that included a screenshot of Dabashi's post. "This is completely unacceptable and must be renounced."

Dabashi has a history of inflammatory comments about Israel and the Jewish people. Last May, after President Trump announced the U.S. was pulling out of the Iran nuclear deal, Dabashi posted a tweet blaming Israel for "every dirty treacherous ugly and pernicious act happening in the world."

The professor also attacked Israeli Prime Minister Benjamin Netanyahu in another now-deleted Facebook post as "this ridiculous man, this notorious, corrupt, criminally insane creature, this laughing stock of every decent civilized human being on planet earth, this pathetic pathological liar, this vulgar vicious charlatan,” he wrote, “this settler colonialist racist thug, this war criminal, this leading perpetrator of crimes against humanity, this nightmare who needs to be put in a [straitjacket] and chained to a cage in an asylum house or a zoo ..."

Last month, Dabashi wrote in an opinion piece for Al Jazeera that "Jews are the victims, Zionists the beneficiaries of anti-Semitism. ... The conflation of Zionism and Judaism ... is a false flag to confuse the issue and prevent the active solidarity of these two main victims of their racism."

In response, Jonathan Greenblatt, the CEO and national director of the Anti-Defamation League (ADL), wrote that Dabashi "employs all the sleights of hands by those on the political left who engage in anti-Semitic tropes against Jews. ...

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"He tries to separate out Zionism from Judaism, when Zionism is the fulfillment of the 2000-year aspiration of the Jewish people to return to the Holy Land," wrote Greenblatt. " He claims to be opposed to anti-Semitism, but only acknowledges anti-Semitism from the right. And he demonizes Israel under the guise of legitimate criticism of the Jewish state. ... Those who truly care about combatting anti-Semitism need to reject anti-Semitism in whatever form it surfaces. Using Israel as a cover for such anti-Semitism won't do the trick and should be condemned by all those who want to combat the surge of hate in today’s world."

Emails to Dabashi and Columbia President Lee Bollinger requesting comment were not immediately answered.

Source: Fox News National

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White House Blocks Deal for Major League Baseball to Sign Cuban Players

Trump administration on Monday blocked a historic agreement between Major League Baseball and the Cuban Baseball Federation that would have allowed Cuban players to sign with U.S. teams without needing to defect.

The existing deal will not be allowed to go forward because it was based on an erroneous interpretation by the former Obama administration that the Cuban baseball federation was not part of Cuba's communist government, a senior U.S. official said.

Source: NewsMax Politics

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FILE PHOTO: Sri Lankan Special Task Force soldiers stand guard in front of a mosque as a Muslim man walks past him during the Friday prayers at a mosque, days after a string of suicide bomb attacks on Easter Sunday, in Colombo
FILE PHOTO: Sri Lankan Special Task Force soldiers stand guard in front of a mosque as a Muslim man walks past him during the Friday prayers at a mosque, five days after a string of suicide bomb attacks on Catholic churches and luxury hotels across the island on Easter Sunday, in Colombo, Sri Lanka April 26, 2019. REUTERS/Dinuka Liyanawatte/File Photo

April 26, 2019

By Tom Lasseter and Shri Navaratnam

KATTANKUDY, Sri Lanka (Reuters) – Mohamed Hashim Mohamed Zahran was 12 years old when he began his studies at the Jamiathul Falah Arabic College. He was a nobody, with no claim to scholarship other than ambition.

Zahran and his four brothers and sisters squeezed into a two-room house with their parents in a small seaside town in eastern Sri Lanka; their father was a poor man who sold packets of food on the street and had a reputation for being a petty thief.

“His father didn’t do much,” recalled the school’s vice principal, S.M. Aliyar, laughing out loud.

The boy surprised the school with his sharp mind. For three years, Zahran practiced memorizing the Koran. Next came his studies in Islamic law. But the more he learned, the more Zahran argued that his teachers were too liberal in their reading of the holy book.

“He was against our teaching and the way we interpreted the Koran – he wanted his radical Islam,” said Aliyar. “So we kicked him out.”

Aliyar, now 73 with a long white beard, remembers the day Zahran left in 2005. “His father came and asked, ‘Where can he go?’.”

The school would hear again of Mohamed Zahran. And the world now knows his name. The Sri Lankan government has identified him as the ringleader of a group that carried out a series of Easter Sunday suicide bombings in the country on April 21.

The blasts killed more than 250 people in churches and luxury hotels, one of the deadliest-ever such attacks in South Asia. There were nine suicide bombers who blew apart men, women and children as they sat to pray or ate breakfast.

Most of the attackers were well-educated and from wealthy families, with some having been abroad to study, according to Sri Lankan officials.

That description does not, however, fit their alleged leader, a man said to be in his early 30s, who authorities say died in the slaughter. Zahran was different.

INTELLIGENCE FAILINGS

Sri Lanka’s national leadership has come under heavy criticism for failing to heed warnings from Indian intelligence services – at least three in April alone – that an attack was pending. But Zahran’s path from provincial troublemaker to alleged jihadist mastermind was marked by years of missed or ignored signals that the man with a thick beard and paunch was dangerous.

His increasingly militant brand of Islam was allowed to grow inside a marginalized minority community – barely 10 percent of the country’s roughly 20 million people are Muslim – against a backdrop of a dysfunctional developing nation.

The top official at the nation’s defense ministry resigned on Thursday, saying that some institutions under his charge had failed.

For much of his adult life, Zahran, 33, courted controversy inside the Muslim community itself.

In the internet age, that problem did not stay local. Zahran released online videos calling for jihad and threatening bloodshed.

After the blasts, Islamic State claimed credit and posted a video of Zahran, clutching an assault rifle, standing before the group’s black flag and pledging allegiance to its leader.

The precise relationship between Zahran and Islamic State is not yet known. An official with India’s security services, who spoke on condition of anonymity, said that during a raid on a suspected Islamic State cell by the National Investigation Agency earlier this year officers found copies of Zahran’s videos. The operation was in the state of Tamil Nadu, just across a thin strait of ocean from Sri Lanka.

“LIKE A SPOILED CHILD”

Back in 2005, Zahran was looking to make his way in the world. His hometown of Kattankudy is some seven hours’ drive from Colombo on the other side of the island nation, past the countless palm trees, roadside Buddha statues, cashew hawkers and an occasional lumbering elephant in the bush. It is a town of about 40,000 people, a dot on the eastern coast with no clear future for an impoverished young man who’d just been expelled.

Zahran joined a mosque in 2006, the Dharul Athar, and gained a place on its management committee. But within three years they’d had a falling out.

“He wanted to speak more independently, without taking advice from elders,” said the mosque’s imam, or spiritual leader, M.T.M. Fawaz.

Also, the young man was more conservative, Fawaz said, objecting, for instance, to women wearing bangles or earrings.

“The rest of us come together as community leaders but Zahran wanted to speak for himself,” said Fawaz, a man with broad shoulders lounging with a group of friends in a back office of the mosque after evening prayers. “He was a black sheep who broke free.”

Mohamed Yusuf Mohamed Thaufeek, a friend who met Zahran at school and later became an adherent of his, said the problems revolved around Zahran’s habit of misquoting Islamic scriptures.

The mosque’s committee banned him from preaching for three months in 2009. Zahran stormed off.

“We treated him like a spoiled child, a very narrow-minded person who was always causing some trouble,” said the head of the committee, Mohamed Ismail Mohamed Naushad, a timber supplier who shook his head at the memory.

Now on his own, Zahran began to collect a group of followers who met in what Fawaz described as “a hut”.

At about that time, Zahran, then 23, married a young girl from a small town outside the capital of Colombo and brought his bride back to Kattankudy, according to his sister, Mathaniya.

“I didn’t have much of a connection with her – she was 14,” she said.

Despite being “a bit rough-edged”, Zahran was a skilled speaker and others his age were drawn to his speeches and Koranic lessons, said Thaufeek. He traveled the countryside at times, giving his version of religious instruction as he went.

Also, Zahran had found a popular target: the town’s Sufi population, who practice a form of Islam often described a mystical, but which to conservatives is heresy.

Tensions in the area went back some years. In 2004, there was a grenade attack on a Sufi mosque and in 2006 several homes of Sufis were set afire. Announcements boomed from surrounding mosques at the time calling for a Sufi spiritual leader to be killed, said Sahlan Khalil Rahman, secretary of a trust that oversees a group of Sufi mosques.

He blamed followers of the fundamentalist Wahhabi strain of Islam that some locals say became more popular after funding from Saudi Arabia, the birthplace of Wahhabism, flowed to mosques in Kattankudy.

It was, Rahman said, an effort “to convert Sufis into Wahhabis through this terrorism”. Rahman handed over a photograph album showing charred homes, bullet holes sprayed across an office wall and a shrine’s casket upended.

ONLINE RADICAL

It was an ideal backdrop for Zahran’s bellicose delivery and apparent sense of religious destiny.

He began holding rallies, bellowing insults through loudspeakers that reverberated inside the Sufis’ house of worship as they tried to pray.

In 2012, Zahran started a mosque of his own. The Sufis were alarmed and, Rahman said, passed on complaints to both local law enforcement and eventually national government offices. No action was taken.

The then-officer in charge of Kattankudy police, Ariyabandhu Wedagedara, said in a telephone interview that he couldn’t arrest people simply because of theological differences.

     “The problem at the time was between followers of different Islamic sects – Zahran was not a major troublemaker, but he and followers of other sects, including the Sufis, were at loggerheads,” Wedagedara said.

Zahran found another megaphone: the internet. His Facebook page was taken down after the bombings, but Muslims in the area said his video clips had previously achieved notoriety.

His speeches went from denouncing Sufis to “kafirs”, or non-believers, in general. Zahran’s sister, Mathaniya, said in an interview that she thought “his ideas became more radical from listening to Islamic State views on the Internet”.

In one undated video, Zahran, in a white tunic and standing in front of an image of flames, boomed in a loud voice: “You will not have time to pick up the remains of blown-up bodies. We’ll keep sending those insulting Allah to hell.”

“HARD TO TAKE”

Zahran spoke in Tamil, making his words available to young Muslims clicking on their cellphones in Kattankudy and other towns like it during a period when, in both 2014 and 2018, reports and images spread of Sinhalese Buddhists rioting against Muslims in Sri Lanka.

In 2017, Zahran’s confrontations boiled over. At a rally near a Sufi community, his followers came wielding swords. At least one man was hacked and hospitalized. The police arrested several people connected to Zahran, including his father and one of his brothers. Zahran slipped away from public view.

That December, the mosque Zahran founded released a public notice disowning him. Thaufeek, his friend from school, is now the head. He counted the places that Zahran had been driven away from – his school, the Dharul Athar mosque and then, “we ourselves kicked him out, which would have been hard for him to take”.

The next year, a group of Buddha statues was vandalized in the town of Mawanella, about five hours drive from Kattankudy. There, in the lush mountains of Sri Lanka’s interior, Zahran had taken up temporary residence.

“He was preaching to kill people,” said A.G.M. Anees, who has served as an imam at a small mosque in the area for a decade. “This is not Islam, this is violence.”

Zahran went into hiding once more.

On the Thursday morning before the Easter Sunday bombings, Zahran’s sister-in-law knocked on the door of a neighbor who did seamstress work near Kattankudy. She handed over a parcel of fabric and asked for it to be sewn into a tunic by the end of the day.

“She said she was going on a family trip,” said the neighbor, M.H. Sithi Nazlya.

Zahran’s sister says that her parents turned off their cellphones on the Friday. On Sunday, when she visited their home, they were gone.

She does not know if Zahran arranged for them to be taken somewhere safe. Or why he would have carried out the bombing.

But now in Kattankudy, and in many other places, people are talking about Mohamed Hashim Mohamed Zahran.

(Reporting by Tom Lasseter and Shri Navaratnam; Additional reporting by Sanjeev Miglani, Shihar Aneez and Alasdair Pal; Editing by John Chalmers and Alex Richardson)

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A Wells Fargo logo is seen in New York City
FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith

April 26, 2019

By Jessica DiNapoli and Imani Moise

NEW YORK (Reuters) – Wells Fargo & Co’s board has retained executive search firm Spencer Stuart to hunt for a new chief executive, ideally a woman who can tackle its regulatory and public perception issues, two people familiar with the matter said.

Wells Fargo’s ambition to become the only major U.S. bank with a female CEO underscores the need to restore its image with a wide range of constituents, including customers, shareholders, regulators and politicians, after it became mired in a scandal in 2016 for opening potentially millions of unauthorized accounts.

Former CEO Tim Sloan left abruptly last month, becoming the second CEO to leave the bank in the scandal’s fallout.

The board plans to approach Citigroup Inc’s Latin America chief Jane Fraser, one of the sources said. During Fraser’s 15-year tenure at Citigroup, she has gained experience running consumer and commercial businesses as well as its private bank.

Fraser could not be immediately reached for comment.

The board also discussed approaching JPMorgan Chase & Co’s Marianne Lake, but after the bank named her to run JPMorgan’s consumer lending business last week, that option became less viable, the source added. The board wants someone who can convince regulators, employees, investors and customers that the bank has fixed problems underpinning the sales scandal, the sources said.

The bank’s board feels that choosing a woman might please lawmakers in Washington who have been critical not only of Wells Fargo’s misbehavior, but of the broader banking industry for a lack of diversity and gender equality, said the sources, who spoke on the condition of anonymity.

It also believes that such a move could bolster Wells Fargo’s image with the households of customers where women play a leading role in managing finances, one of the sources added.

The new CEO will also have to resolve litigation and regulatory matters. There are 14 outstanding consent orders with government entities, as well as probes by the U.S. Securities and Exchange Commission, the Department of Labor and the Department of Justice.

To be sure, Spencer Stuart will approach and consider several male candidates for the CEO job as well, one of the sources said. The top priority is to find an external candidate who can navigate the bank’s regulatory issues, the source added.

Finding an outsider who meets all those qualifications and wants the job will be difficult, the sources said. There are few people with the necessary experience, even fewer of those who are women, and it is not clear if any of the obvious candidates would be open to taking the role.

The sources asked not to be identified because Wells Fargo’s board deliberations are confidential.

Spokespeople for Wells Fargo and Spencer Stuart declined to comment.

Wells Fargo’s board has not made any public statements about its requirements for a new CEO, beyond Chair Betsy Duke saying the job should attract the “top talent in banking.”

The board wants to complete the search within the next three to six months, one of the sources said.

STALLED SHARES

After Sloan’s ouster, Wells Fargo’s board appointed Allen Parker, who had been general counsel, as interim CEO. The board has said it is looking for an external candidate as a permanent replacement. It is not clear whether Parker will stay at the bank.

Others whose names have been mentioned by analysts, recruiters and industry sources as perspective CEO candidates include Alphabet Inc finance chief Ruth Porat and Bank of America Corp’s chief technology officer Cathy Bessant.

Wells Fargo shares have stalled since Sloan’s departure on March 29th, while the KBW Bank index has rallied more than 7 percent.

Wells Fargo would be “the best stock on earth to buy” if it had the right CEO, said Greg Donaldson, chairman of Donaldson Capital Management in Indiana.

Donaldson held about 50,000 Wells Fargo shares, but sold the stake last year as problems mounted. The CEO change could convince him to re-invest, depending on who it is, he told Reuters.

“It would be very smart for them to get a woman,” he said.

(Reporting by Jessica DiNapoli and Imani Moise in New York; Editing by Lauren Tara LaCapra, Greg Roumeliotis and Susan Thomas)

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A worker walks on the roof of a new home under construction in Carlsbad
FILE PHOTO: A worker walks on the roof of a new home under construction in Carlsbad, California September 22, 2014. REUTERS/Mike Blake

April 26, 2019

NEW YORK (Reuters) – The U.S. economy is growing at a 2.08% annualized pace in the second quarter based on upbeat data on durable goods orders and new home sales in March, the New York Federal Reserve’s Nowcast model showed on Friday.

This was faster than the 1.92% growth rate calculated by the N.Y. Fed model the week before.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

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