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‘Positive signs’ in Airbus-China talks, says French official

A logo of Airbus is seen on a flag at Airbus headquarters in Blagnac
FILE PHOTO: A logo of Airbus is seen on a flag at Airbus headquarters in Blagnac, near Toulouse, France, February 14, 2019. REUTERS/Regis Duvignau

March 14, 2019

By John Irish

NAIROBI (Reuters) – There are encouraging signs that European planemaker Airbus is closing in on a long-negotiated deal with China for dozens of new narrow-body jets, an aide to French President Emmanuel Macron said on Thursday.

The official said there were hopes Airbus would nail down the multibillion-dollar order when President Xi Jinping visits Europe later this month, but acknowledged there would unlikely be confirmation until the eleventh hour.

“The talks are ongoing,” the official said. “It will be difficult to know for sure until the day before, but the signs are positive.”

China has become a key hunting ground for Airbus and its leading rival Boeing, thanks to surging travel demand, but the outlook has been complicated by Beijing’s desire to grow its own industrial champions and, more recently for Boeing, the U.S.-China trade war.

Macron unexpectedly failed to clinch the Airbus order during a trip to China in early 2018 and the French government and Airbus have been working since to salvage it.

Macron said at the time that China would buy 184 A320 narrow-body jets, an order worth $18 billion at list prices.

The Elysee Palace official also said Airbus was discussing a new order with Ethiopian Airlines. The official gave no details on the size of the potential new Ethiopian order but cited the long-range A350, a model which Ethiopian already operates, and the single-aisle A320 jet as aircraft of interest to the airline.

Macron and Ethiopia’s Prime Minister Abiy Ahmed discussed the negotiations during Macron’s visit to Addis Ababa on Tuesday, two days after an Ethiopian Airlines Boeing 737 MAX 8 crashed after taking off, killing all 157 people on board.

Industry analysts played down a possible link between any current negotiations and Sunday’s crash. Ethiopian has been undertaking a major fleet expansion and regularly talks to the market, they said, adding that order talks take time.

(Reporting by John Irish; Writing by Richard Lough; Editing by Mark Potter)

Source: OANN

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Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg

FILE PHOTO: The SoftBank Group logo displayed at the SoftBank World 2017 conference in Tokyo
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato

April 23, 2019

(Reuters) – Japan’s SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter.

Softbank has engaged financial advisers and is working on a deal to acquire bonds that can be converted into Wirecard shares, Bloomberg reported, citing sources.

A deal could be announced as early as this month, if an agreement is reached, the report added.

Softbank and Wirecard were not immediately available to respond to a request seeking comment.

(Reporting by Mekhla Raina in Bengaluru; Editing by Tom Brown)

Source: OANN

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Pakistan announces release of 360 Indian fishermen

Pakistan's Foreign Ministry says officials will release 360 Indian prisoners detained for fishing illegally in the country's territorial waters in the Arabian sea.

Mohammad Faisal, ministry spokesman, said Friday the anglers will be freed in four batches starting April 15.

Pakistani and Indian maritime agencies frequently arrest each other's fishermen on charges of illegal fishing. The detainees often languish in prison until such goodwill gestures are shown from either side.

Friday's announcement comes days after Pakistani and Indian soldiers traded fire in the disputed Himalayan region of Kashmir, killing seven Pakistanis and three Indians. Both sides blamed each other for violating a cease-fire in the region, which is split between them and claimed by both in its entirety.

Source: Fox News World

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California's Gov. Newsom issues a moratorium on death penalty executions in state

California Gov. Gavin Newsom signed an executive order on Wednesday that put a moratorium on the executions of the 737 inmates currently incarcerated in the Western Hemisphere’s largest death row.

While the order is largely symbolic – California has not executed an inmate since 2006 amid legal challenges – it still marks a major victory for opponents of capital punishment given the state’s size and its national political influence.

“I’ve gotten a sense over many, many years of the disparity in our criminal justice system,” Newsom said during a press conference on Wednesday. “We can make a more enlightened choice.”

CALIFORNIA DEMS FLEX NEW SUPERMAJORITY, WITH PLANS TO PURSUE GUN TAX AND MORE

Newsom added that as of Wednesday, the equipment used in executions at San Quentin State Prison – the facility where capital punishment was carried out for men in California – was being shut down and removed.

“We cannot advance the death penalty in an effort to soften the blow of what happens to these victims,” Newsom said. “If someone kills, we do not kill. We’re better than that.”

Despite recent polling indicating that support for the death penalty is at its lowest level since the early 1970s, Newsom’s order still bucks the will of most California residents. California voters previously rejected an initiative to abolish capital punishment in the state and instead, in 2016, voted in favor of Proposition 66 to help speed up executions.

“Governor Newsom, who supported the failed initiative to end the death penalty in 2006, is usurping the express will of California voters and substituting his personal preferences via this hasty and ill-considered moratorium on the death penalty,” Michele Hanisee, the president of The Association of Deputy District Attorneys, said in a statement.

NEW JERSEY MANSION MURDERS SPUR CALLS FOR STATE TO REINSTATE DEATH PENALTY

Kent Scheidegger, the legal director for the Sacramento-based Criminal Justice Legal Foundation, called Newsom’s order “a slap in the face of the families of murder victims.” The foundation is in favor of the death penalty and helped draft the 2016 resolution to fast track executions.

“The people have voted for the death penalty eleven times since 1972, including three times in the last seven years,” Scheidegger said in a statement. “The Governor’s decision to grant a blanket reprieve to prevent executions is an abuse of power and a slap in the face of the families of murder victims,” he added.

The move to halt executions was also panned by President Trump, who has been a harsh critic of Newsom's ever since the governor took office earlier this year.

“Defying voters, the Governor of California will halt all death penalty executions of 737 stone cold killers. Friends and families of the always forgotten VICTIMS are not thrilled, and neither am I!” Trump tweeted early Wednesday.

California has executed 13 inmates since the U.S. Supreme Court reinstated the death penalty in 1976 and the state has the most people on death row in the country. Since the 1970s, 79 death row inmates have died of natural causes in the state and 26 by suicide. The last execution held in California occurred in 2006 when 76-year-old Clarence Ray Allen, who was convicted of killing three people, was executed.

Since then a series of stays of execution issued by the Federal District Court in San Francisco have held up any executions in the state, but there are now 25 inmates on death row who have exhausted all of their appeals. Newsom said that none of the inmates currently on death row with have their sentences commuted, but will possibly be transferred back into the state’s general prison population.

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Newsom defended his right as governor to put the moratorium on the death penalty – citing statistics that there are a number of people on death row who are actually innocent of the crimes for which they’ve been convicted. A 2014 study by the National Academy of Sciences determined that one in every 25 inmates on death row in the United States was sentenced to die for crimes they did not commit.

“I believe I’m doing the right thing,” he said. “I cannot sign off on executing hundreds and hundreds of human beings knowing that among them there will be innocent people.”

Source: Fox News Politics

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Donald Trump Jr. calls Russia investigation ‘blight on democracy,’ says Mueller report an ‘incredible vindication’

Donald Trump Jr. on Thursday night called the findings from Special Counsel Robert Mueller’s report an “incredible vindication” by showing no collusion between the president and Russia, but he added that lawmakers should now be tasked with tracking down the origins of the allegations.

Speaking from Grand Rapids, Mich., to Fox News’ Sean Hannity following Trump’s first major rally since the release of the report, Trump Jr. said his family and the administration felt vindicated that their denials over the past 22 months were validated.

“When you look at what my father’s accomplished in the last two years, when you look at his winning track record, despite the largest witch hunt - the greatest hoax ever perpetrated on the American people, imagine what he can do now with that cloud off of his back.”

TRUMP, IN FIERY FIRST RALLY SINCE MUELLER VINDICATION, CALLS ON DEMS TO STOP ‘RIDICULOUS BULLSH--’

Trump Jr. said despite the investigation coming to an end, Democrats and Republicans need to make a bipartisan effort to find the root cause of the investigation.

“This has been a stain on our republic. It’s a blight on democracy and our Constitution and it can’t be allowed to happen again, to either side.”

He also said lawmakers “have to get to the bottom of it.”

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Trump Jr., who often stumps for his father, also was asked about whether he’s considered a career in politics.

“These are my people, I get it,” he said. “I see what my father is doing and I’m just damn proud as an American to see those results and I’m going to keep fighting for him. I won’t rule it out for myself, but first things first, we’re going to let him finish up strong.”

Source: Fox News National

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Julian Assange used the embassy as ‘center for spying,’ Ecuadorian president says

WikiLeaks co-founder Julian Assange reportedly violated his asylum conditions when he used the Ecuadorian embassy in London as a “center for spying,” the country’s president said in a new interview.

Lenin Moreno told the Guardian newspaper that Ecuador’s government had provided facilities within the embassy that allowed Assange to “interfere” with other states.

“Any attempt to destabilize is a reprehensible act for Ecuador because we are a sovereign nation and respectful of the politics of each country,” he said in his first English-language interview since Assange’s arrest last week. “We cannot allow our house, the house that opened its doors, to become a center for spying.”

He added: “This activity violates asylum conditions. Our decision is not arbitrary but is based on international law.”

JULIAN ASSANGE'S ARREST DRAWS FIERCE INTERNATIONAL REACTION

Assange was arrested by British authorities and dragged out of the embassy last Thursday after his seven-year asylum was revoked – paving the way for possible extradition to the United States, where he faces conspiracy to commit computer intrusion for aiding Chelsea Manning's leak of classified government documents.

His relationship with his hosts collapsed after Ecuador accusing him of leaking information about Moreno’s personal life. But Moreno denied to the Guardian that he acted as a reprisal.

“He was a guest who was offered a dignified treatment, but he did not have the basic principle of reciprocity for the country that knew how to welcome him, or the willingness to accept protocols [from] the country that welcomed him,” he added. “The withdrawal of his asylum occurred in strict adherence to international law. It is a sovereign decision. We do not make decisions based on external pressures from any country.”

Ecuador has claimed that Assange mistreated embassy staff, put excrement on walls, left soiled laundry in the bathroom and improperly looked after his cat, among other things.

'SATURDAY NIGHT LIVE' MOCKS LORI LOUGHLIN, JULIAN ASSANGE, MICHAEL AVENATTI AND MSNBC MUELLER REPORT COVERAGE

A lawyer representing Assange accused Ecuador’s government on Sunday of spreading lies about his behavior inside in London.

Jennifer Robinson told Sky News the Ecuadorian government is spreading alleged falsehoods to divert attention from its decision to revoke his asylum and allow his arrest at its British embassy. Assange has had "a very difficult time" since Moreno took office in Ecuador in 2017, Robinson said.

"I think the first thing to say is Ecuador has been making some pretty outrageous allegations over the past few days to justify what was an unlawful and extraordinary act in allowing British police to come inside an embassy," Robinson said.

Assange, who appeared much older when he emerged from the embassy than when before he sought refuge there in August 2012 -- perhaps owing partly to the presence of a lengthy, white beard -- is in custody at Belmarsh Prison in southeast London awaiting sentencing in Britain for skipping bail to avoid being sent to Sweden as part of an investigation of a rape allegation. Sweden is considering reviving the investigation.

HILLARY CLINTON UNLOADS ON ASSANGE, CALLS HIM 'ONLY FOREIGNER THAT THIS ADMINISTRATION WOULD WELCOME TO THE US'

On Monday, two left-wing German lawmakers Heike Hansel and Sevim Dagdelen, and Spanish MEP, Ana Miranda, held a press conference outside Belmarsh calling on European states to offer him asylum and prevent his extradition to the U.S.

Dagdelen, who is a member of The Left party, said the EU should "take action" to protect the "persecuted political publisher and journalist", the BBC reported.

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Assange's next court appearance is scheduled for May 2. In the meantime, he is expected to seek prison medical care for severe shoulder pain and dental problems, WikiLeaks has said.

The Associated Press contributed to this report.

Source: Fox News World

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State taking names of teachers who called in sick to protest

Kentucky's education commissioner wants the name of every teacher who used a sick day that forced 10 school districts to close so educators could protest at the state legislature.

At least 10 school districts were forced to close several times since Feb. 28 after so many teachers used their sick days that officials could not find enough substitutes to cover classes.

Jefferson County Public Schools, one of the country's largest districts with more than 98,000 students, has closed six times in two weeks as hundreds of teachers packed the state Capitol to protest several proposals that impacted the pension system and education funding.

On Thursday, Education Commissioner Wayne Lewis sent letters to 10 school districts, asking for the names of every teacher who used a sick day on the days the districts were forced to close. He also wanted copies of all affidavits and doctor's notes.

"The Kentucky Department of Education takes the closing of schools very seriously," Lewis said. "While it is important that administrators, teachers and students make their voices heard about issues related to public education policy, advocacy should under no circumstances be putting a stop to learning for entire communities."

Emilie Blanton, an English teacher at Southern High School in Jefferson County, said she did not use a sick day, but came to the Capitol to protest because the district was closed.

"I think it's an intimidation tactic," she said. "It just goes to show that they are going to try to silence the sick out movement as best as they can."

It's unclear what state education officials could do with the information. A news release from the Kentucky Department of Education notes state law allows the commissioner access to records of all teachers and has authority to report "mismanagement, violation of law, or misconduct to the Kentucky Board of Education."

The Kentucky Education Association, which represents 43,000 educators across the state, said in a news release that superintendents could discipline teachers who used sick days to come to the state Capitol "to exercise their First Amendment rights."

"It is our hope that they won't," the association said in a news release. "Making educators — who are all citizens of this Commonwealth — choose between keeping their livelihood and exercising their constitutional rights is despicable."

Source: Fox News National

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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)

Source: OANN

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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)

Source: OANN

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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)

Source: OANN

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A remote controlled robot for the 'Isotopium: Chernobyl' game is seen at the game's location in Brovary
A remote controlled robot for the ‘Isotopium: Chernobyl’ game is seen at the game’s location in Brovary, Ukraine April 25, 2019. REUTERS/Valentyn Ogirenko

April 26, 2019

By Margaryta Chornokondratenko

KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October.

Players of “Isotopium: Chernobyl” drive tanks around the ghost town of Prypyat near Chernobyl, knocking out competitors as they search for an energy source called isotopium and collecting points every time they find some.

While the game takes its theme from the nuclear disaster at Chernobyl in northern Ukraine, which marked its 33rd anniversary on Friday, it was also inspired by the 2009 science fiction film “Avatar”.

Newcomers to the game think they have entered a virtual world when in fact they are controlling a real robot, equipped with a camera and computer, which makes its way around a model of the town rendered down to the tiniest detail.

“When playing our game, for the first 5-10 minutes many players don’t understand that it is not fictional,” said the game’s co-founder Sergey Beskrestnov. “They message us saying: ‘You have cool texture, you have good graphics, your designer is good, well done. You have a cool operating system.’

“People then reply: ‘It is not an operating system, it is real,’ and the player can’t believe it is real,” said Beskrestnov, speaking mid-game from Prypyat city square as he towers over surrounding five-storey buildings.

Kiev-born Beskrestnov was just 12 years old when on April 26, 1986 a botched test at the nuclear plant in the then Soviet Union sent clouds of smoldering nuclear material across large swathes of Europe, forced over 50,000 people, including Beskrestnov’s family, to evacuate and poisoned unknown numbers of workers involved in its clean-up.

Beskrestnov and his partner Alexey Fateyev used Google maps and hundreds of pictures from the Chernobyl area to recreate Prypyat landmarks, including residential buildings, a hotel, concert hall, amusement park and a stadium.

The game’s real-scale model occupies a 180 square meter (1,938 sq. ft) basement of a residential building in the Ukraine city of Brovary, just 150 km (93 miles) from the Chernobyl Exclusion Zone and 30 km east of Kiev.

Miniature radioactivity warning signs, graffiti on the walls of abandoned buildings and tables and chairs left scattered inside a small cafe all add to the creepy atmosphere of a once lively town.

“It’s a really neat concept …,” Shaun Prescott wrote in a review of the game published by PC Gamer magazine in January. “Controlling the tanks is kinda cumbersome, but they are tanks, after all.”

An attentive player will notice at least one inaccuracy – the real Chernobyl nuclear power plant is not located in town as it is in the game.

It costs $9 to immerse in the atmosphere of a post-apocalyptic town for an hour but only 20 people at a time can play simultaneously. Beskrestnov’s company, Remote Games, said 62,615 people around the world have registered to play the game, including around 15,000 in France and 10,000 in the United States.

A camera fixed on top of a moving tank broadcasts high quality signal in real time, allowing players from as far apart as Australia and Canada enjoy the game without facing any time delay in delivering video signals.

Its creators next ambition is to devise a game featuring the colonization of Mars in which 1,000 people will be able to simultaneously control robots on different missions involved in the operation.

“Many people advise us to contact Elon Musk directly because it resonates his dreams and ideas,” Beskrestnov jokes.    

(Editing by Susan Fenton)

Source: OANN

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FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California
FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – Initial optimism over first-quarter results from Starbucks Corp was waning fast on Wall Street on Friday, as analysts questioned the longer-term prospects of its new sales push given subdued overall customer traffic numbers especially in China.

The company on Thursday beat brokerage estimates for quarterly same-store sales on the back of demand for its new Cloud Macchiato, Matcha tea and cold brews in the United States.

However, BTIG’s Peter Saleh was one of a number of sector analysts who said while customers forking out for higher-priced new drinks had helped drive growth in same-store sales, “anemic” traffic at cafes remained a concern.

He and others pointed to a 1 percent decline in footfall at cafes in the Chinese market, viewed as crucial to the chain’s growth for the foreseeable future.

More broadly, transaction numbers, the substitute analysts use for customer traffic, were unchanged in all three of the company’s global regions.

Shares in the company, which hit a record high after the results on Thursday, fell 1 percent in morning trade.

“We remain cautious given near-term headwinds surrounding China, including cannibalization, increasing competition (and) a slowing economy,” Wedbush analyst Nick Setyan said.

Starbucks has also poured money into beefing up its delivery network in China as it battles with local startup Luckin Coffee, whose speedy growth led it to file for an IPO in the United States earlier this week.

New menu items and partnerships with delivery services, the heart of the company’s strategy to win back customers lost to artisanal coffee shops and cheaper fast-food rivals, did help Starbucks’ sales in its home market.

However, analysts said growth in China may continue to be subdued.

Wells Fargo analyst Bonnie Herzog said she expects store expansion in China to take priority over comparable sales growth.

She downgraded her rating on Starbucks’ to “market perform” from “outperform”, arguing that the company facing tough sales comparisons later on in 2019 from last year and the current rich valuation of shares meant the stock had limited room to rise.

“Investors will be hesitant to invest new money in a stock with a topline that, while still strong, is unlikely to meaningfully accelerate,” Herzog said.

Still, the company’s solid same-store growth in the United States, improving profit margins and a lower tax rate for the rest of the year led at least 6 Wall Street brokerages to raise their price targets on the stock to as high as $81.

11 of 29 brokerages rate Starbucks “buy” or higher, 17 “hold” and 1 “sell” or lower. Their median price target is $75.

(Reporting by Uday Sampath in Bengaluru)

Source: OANN

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