Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am


Upcoming shows
Real News

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

No sign of imminent North Korea missile launch: South Korea defense chief

U.S. Defense Secretary Jim Mattis and South Korean National Defense Minister Jeong Kyeong-doo take part in an armed forces full honor arrival ceremony in Washington
South Korean National Defense Minister Jeong Kyeong-doo reviews an honor guard during an armed forces full honor arrival ceremony hosted by U.S. Secretary of Defense James Mattis before the 50th annual ROK-U.S. Security Consultative Meeting at the Pentagon in Washington, U.S., October 31, 2018. REUTERS/Joshua Roberts

March 18, 2019

By Hyonhee Shin and Josh Smith

SEOUL (Reuters) – It is too soon to tell if recent activity at some of North Korea’s rocket facilities is preparation for a missile launch, South Korea’s defense minister told a parliamentary hearing on Monday.

Early in March, several American think-tanks and South Korean officials reported that satellite imagery showed possible preparations for a launch from the Sohae rocket launch site at Tongchang-ri, North Korea, which has been used in the past to launch satellites but not intercontinental ballistic missiles capable of delivering a nuclear warhead.

“It’s hasty to call it missile-related activity,” Defense Minister Jeong Kyeong-doo told a parliamentary defense committee.

“Tongchang-ri is a launch site but we don’t see any activity being carried out for a missile launch.”

When asked if he could confirm whether Sohae was functionally restored, Jeong said it was inappropriate for intelligence authorities to comment on every media report one way or the other.

He also said there were signs of continued nuclear activity in North Korea, without elaborating.

Unification Minister Cho Myoung-gyon told a separate parliamentary panel that it was possible that the recent developments at the missile site were to bolster North Korea’s leverage in negotiations.

“But given North Korea’s continued work, thorough analysis is needed to find out its exact intentions,” Cho said.

On Friday, North Korean Vice Foreign Minister Choe Son Hui told foreign diplomats and journalists in Pyongyang that leader Kim Jong Un was considering suspending talks with the United States and may rethink a freeze on missile and nuclear tests unless the United States made concessions.

The activity at Sohae appeared to begin shortly before U.S. President Trump met Kim at a summit in Hanoi late last month.

The summit broke down over differences about U.S. demands for North Korea to denuclearize and its demand for dramatic relief from international sanctions imposed for its nuclear and missile tests, which it pursued for years in defiance of U.N. Security Council resolutions.

Trump said after his first summit with Kim in Singapore last June that Kim had promised to dismantle the Sohae test site, a pledge the North Korean leader reiterated and expanded on at a summit with Moon in September.

North Korea has used Sohae to launch satellites into space since 2011, and the United States says its work there has helped develop missile technology.

A satellite launch in April 2012 killed off an Obama administration deal for a freeze in North Korean nuclear and missile testing reached weeks earlier.

On Wednesday, 38 North, a group that monitors North Korea, reported that there had been no new activity at Sohae since March 8.

On Friday, the group reported that satellite imagery showed no activity at North Korea’s Yongbyon nuclear reactor complex, or at dismantled facilities at the Punggye-ri nuclear test site.

(Reporting by Hyonhee Shin and Josh Smith; Editing by Robert Birsel)

Source: OANN

0 0

AOC, Beto Steal Some Thunder From 2020 Dems

The struggle to get noticed in a bulging field of Democratic presidential contenders doesn’t get easier when you have to compete with the likes of party stars Alexandria Ocasio-Cortez and Beto O’Rourke.

Eight 2020 Democratic hopefuls took the stage at the annual South by Southwest cultural festival in Austin, Texas, over the weekend, attempting to broaden their appeal and test their message with a millennial-heavy audience.

But as the candidates took turns giving lengthy, often policy-weighted interviews, they were eclipsed by two Democrats who aren’t even in the race. New York Representative Ocasio-Cortez and O’Rourke, a former Texas representative, each commanded huge crowds and dominated the conference buzz.

O’Rourke made a widely expected “surprise” appearance at the premier of a documentary about his close but ultimately failed 2018 Senate race against Republican Ted Cruz. He disappointed fans that hoped he’d use the occasion to announce he’s also entering the presidential contest. Ocasio-Cortez, 29, weeks into her first term and not old enough to run for the White House, packed a huge ballroom at the Austin Convention Center to answer questions about her vision for a Green New Deal and identity politics.

Warren’s Plan

Their appearances overshadowed sessions with two sitting U.S. senators who are candidates for the Democratic nomination, Amy Klobuchar of Minnesota and Elizabeth Warren of Massachusetts, although both drew full houses of attentive listeners. Warren inspired an animated response to her proposal, announced on Friday, to break up giant tech companies like Facebook Inc. and Alphabet Co.’s Google in a bid to ensure a competitive market.

But Ocasio-Cortez’s call to smash political norms was the session that attracted the most diverse and enthusiastic crowd. As she entered, about one-third of the audience leaped up, cheered and raised their phones to capture photos and videos. A queue of people waiting to ask questions of the youngest woman in Congress included television personality Bill Nye, the Science Guy. Unlike the punctual start and finish times of the candidate interviews, Ocasio-Cortez extended her session by almost 30 minutes in order to field more questions.

She used the occasion to underscore her reputation for controversial remarks with a critique of capitalism as an unsustainable system that emphasizes corporate profit over the welfare of working people.

Income Inequality

In contrast to the congresswoman’s overflow crowd, only a few dozen people drifted into a theater event space Sunday morning to hear Washington Governor Jay Inslee explain why he’s making climate change the centerpiece of his campaign for the Democratic nomination.

Like the other candidates at SXSW, Inslee hit hard on criticism of President Donald Trump. A common theme for the candidates as well as for Ocasio-Cortez was the need to address income inequality and address the concerns of working class voters in the middle of the U.S. who gravitated to Trump in 2016.

“There was some folderol going on that we could not connect with people feeling economic anxiety in the Midwestern states,” Inslee said. The 2018 midterms, in which Democrats won back the majority in the U.S. House and won many down-ballot gains, “proved we could. We proved we could connect with meat and potato concerns.”

Republican Critics

Former Colorado Governor John Hickenlooper, former Obama administration official Julian Castro, and South Bend, Indiana, Mayor Pete Buttigieg, all in the mix for the Democratic nomination, also took the stage.

Republicans on hand included former Massachusetts Governor William Weld, who’s considering challenging Trump in the Republican primaries, and former Ohio Governor John Kasich, a Trump critic.

There are still 11 months to go before Democratic voters make their preferences known in the first actual nomination contest -- the Iowa caucuses. But the candidates in the race are already vying for donations and endorsements while building the kind of campaign infrastructure necessary for a months-long 50-state primary race. Getting in front of voters is crucial for that.

Generational Issues

The South by Southwest conference, started in 1987, has evolved into one of the country’s defining cultural events, combining music and film festivals with showcases for technology and politics. This year it made an ideal venue for presidential aspirants to test their message and broaden their appeal to a generation shaped by school shootings, climate change and the Internet, while facing soaring costs for college and health care.

The Democratic field is still dominated by a candidate not yet in the race: former Vice President Joe Biden. He remains the favorite in national and state polling as the first choice of about a quarter of Democrats. He’s followed by Vermont Senator Bernie Sanders, with Warren and California Senator Kamala Harris trailing.

O’Rourke, who like Biden has said he’d make a decision on the race soon, remains consistently in the middle of the pack, ahead of Klobuchar, New Jersey Senator Cory Booker and the rest. Inslee, Hickenlooper, Castro and Buttigieg are barely registering in polls at this early stage.

Source: NewsMax Politics

0 0

Canada PM says concern over job losses at heart of SNC-Lavalin affair

Canada's PM Trudeau speaks during Question Period on Parliament Hill in Ottawa
Canada's Prime Minister Justin Trudeau speaks during Question Period in the interim House of Commons in the West Block on Parliament Hill in Ottawa, Ontario, Canada, February 20, 2019. REUTERS/Chris Wattie

February 22, 2019

By David Ljunggren

OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau, whose office is under fire for allegedly pressuring his former justice minister to try to ensure a major construction company avoided a corruption trial, on Friday said he had been concerned about possible job losses.

“One of the fundamental responsibilities of any government is to look for good jobs, to defend jobs and to make sure that our economy is growing in ways that give a real and fair chance to everyone,” Trudeau told reporters in St John’s, Newfoundland when asked about his conversations with then Justice Minister July Wilson-Raybould.

Trudeau’s remarks were among the most detailed yet to explain an affair that is harming his Liberal government ahead of an October election.

Trudeau denies a Feb. 7 report in the Globe and Mail that officials exerted undue pressure last year on Wilson-Raybould to help SNC-Lavalin Group Inc avoid a trial on charges of bribing Libyan officials and to pay a fine instead.

SNC-Lavalin is a big employer in the populous province of Quebec, where the Liberals say they need to pick up seats to have any chance of winning a majority in the election.

After Canada’s director of public prosecutions ruled on Sept. 4 that the trial should proceed, Trudeau and senior officials raised the matter three times with Wilson-Raybould, who had the power to overturn the decision.

The company, which says the executives accused of wrongdoing have left and that it has overhauled ethics and compliance systems, says a trial could be devastating and has gone to court to try to overturn the ruling.

Wilson-Raybould, who quit last month after being demoted to veterans affairs minister in January, has said nothing. She is due to address the House of Commons justice committee next week.

Opposition politicians accuse the government of mounting a cover-up and are demanding a public inquiry.

Michael Wernick, the head of Canada’s non-partisan civil service, on Thursday said he had contacted Wilson-Raybould on Dec. 19 to discuss fears over what might happen in a trial but denied he had exerted any inappropriate pressure.

“(I) was conveying the context that there were a lot of people worried about what would happen, the consequences, not for her, but the consequences for the workers and the communities and the suppliers,” he told the justice committee.

(Reporting by David Ljunggren in Ottawa; Editing by James Dalgleish)

Source: OANN

0 0

Peru to sign MoU to join China’s Belt and Road club in coming days: Chinese ambassador

Jia Guide, China's ambassador to Peru, speaks during an interview with Reuters at the Chinese embassy in Lima
FILE PHOTO: Jia Guide, China's ambassador to Peru, speaks during an interview with Reuters at the Chinese embassy in Lima, Peru April 11, 2018. REUTERS/Mariana Bazo

April 25, 2019

LIMA (Reuters) – Peru will sign a memorandum of understanding to join China’s ambitious Belt and Road infrastructure initiative in coming days, China’s ambassador said on Wednesday.

Ambassador Jia Guide made the announcement to guests at a private party in Lima alongside Peru’s vice president, as China kicked off a three-day Belt and Road summit in Beijing that Peru’s trade minister and leaders from around the world are attending.

(Reporting by Marco Aquino; Editing by Sandra Maler)

Source: OANN

0 0

Massachusetts won’t score students on slavery essay question

Massachusetts education officials have decided on the unusual step of not scoring 10th grade students on a statewide exam question that some considered racially insensitive.

The Boston Globe reports that the essay question on the Massachusetts Comprehensive Assessment System exam was based on a passage from the Pulitzer Prize-winning novel "The Underground Railroad." Students were asked to write an essay from the perspective of a white woman who's conflicted about helping an escaped slave and uses derogatory language toward her.

Students complained that they were put in the uncomfortable position of either using racist language or sacrificing historical accuracy. The Massachusetts Teachers Association objected to the MCAS question. The organization says answering it could be especially traumatic for African American students.

State Education Commissioner Jeffrey Riley says the question was intended to challenge students, but he fully understands the concerns.

Source: Fox News National

0 0

It’s Happening – The Most Dangerous Volcano In North America Just Erupted And Shot Ash Nearly A Mile Into The Sky

A lot of us have been watching Mt. Popocatepetl for a very long time. 

Could it be possible that we are now on the verge of the most destructive volcanic eruption in the modern history of North America?  On Monday night at precisely 9:38 PM, a massive explosion at Mt. Popocatepetl sent a column of volcanic ash nearly a mile into the sky.  A “yellow alert warning” has been issued by the authorities, and they are ordering everyone to stay at least 12 kilometers away from the crater.  They are stressing that the threat has not passed, and as you will see below, an evacuation plan is in place in case an even larger eruption follows.  And if a much larger eruption does follow, the devastation could be off the charts.  Mexico City is only 43 miles away from Mt. Popocatepetl, and approximately 25 million people live within a 60 mile radius of the crater.

The explosion on Monday night was definitely a wake up call.  According to media reports, it was “loud enough to shake doors and windows of houses in the city of Puebla”

Mexico’s Popocatepetl volcano erupted late on Monday, hurling incandescent rock about 1.5 miles down its slopes and sending ash into the night sky near the nation’s capital.

The explosion, one of the volcano’s largest eruptions in years, was heard from nearby communities and was loud enough to shake doors and windows of houses in the city of Puebla, according to local media.

Mt. Popocatepetl has been increasingly active in recent months, and authorities are concerned that all of this activity could be leading up to something really big.

In fact, it is being reported that they are “currently preparing for the worst case scenarios”

Local authorities are currently preparing for the worst case scenarios and haven’t ruled out more eruptions in the near future.

In preparations, they have drafted a special operational plan allowing for quick evacuation of locals in case of any future emergencies.


President of Brazil, Jair Bolsonaro, and President Trump are meeting today at the Whitehouse. Alex takes you live and delivers commentary on this breaking news.

Popocatepetl exploded earlier this week but had remained calm over the past several days as it only emitted water vapour, gas and a small amount of ash.

So what would a “worst case scenario” for Mt. Popocatepetl look like?

Well, scientists tell us that the volcano is capable of producing a “catastrophic Plinian eruption”

Popocatépetl is considered the most threatening volcano in North America, in terms of explosive activity and population threat. Its current low- or moderate-scale eruptive behavior can switch relatively quickly to a large, catastrophic Plinian eruption, the largest and most violent of all the types of volcanic eruptions, according to the volcanologists at the National History Museum.

If you have never heard of a “Plinian eruption” before, here is Wikipedia’s definition

Plinian eruptions or Vesuvian eruptions are volcaniceruptions marked by their similarity to the eruption of Mount Vesuvius in 79 AD, which destroyed the ancient Roman cities of Herculaneum and Pompeii. The eruption was described in a letter written by Pliny the Younger, after the death of his uncle Pliny the Elder.

Plinian/Vesuvian eruptions are marked by columns of volcanic debris and hot gases ejected high into the stratosphere, the second layer of Earth’s atmosphere. The key characteristics are ejection of large amount of pumice and very powerful continuous gas-driven eruptions. According to the Volcanic Explosivity Index, Plinian eruptions have a VEI of 4, 5 or 6, sub-Plinian 3 or 4, and ultra-Plinian 6, 7 or 8.

Short eruptions can end in less than a day, but longer events can take several days or even months. The longer eruptions begin with production of clouds of volcanic ash, sometimes with pyroclastic surges. The amount of magma erupted can be so large that it depletes the magma chamber below, causing the top of the volcano to collapse, resulting in a caldera.

We are talking about a disaster that could potentially kill millions.

In the Aztec language, Popocatepetl literally means “smoking mountain”, but to most of the locals the volcano is simply known as “Don Goyo”.  In ancient times, it produced giant tsunamis of super heated mud that completely buried entire Aztec cities.  The following is an excerpt from one of my previous articles

Historians tell us that Popocatepetl had a dramatic impact on the ancient Aztecs. Giant mud flows produced by massive eruptions covered entire Aztec cities. In fact, some of these mud flows were so large that they buried entire pyramids in super-heated mud.

But we haven’t witnessed anything like that in any of our lifetimes, so it is hard to even imagine devastation of that magnitude.

In addition to Mexico City’s mammoth population, there are millions of others that live in the surrounding region. Overall, there are about 25 million people that live in the immediate vicinity of Popocatepetl. Thankfully, we haven’t seen a major eruption of the volcano in modern times, but at some point that will change.

Considering what this volcano is capable of doing, I simply don’t understand why there was so little coverage of this massive explosion on Monday by the mainstream media in the United States.

I guess they didn’t have any room after allocating front page space to the powerball jackpot and the ongoing drama surrounding Wendy Williams.

We live at a time when our planet is becoming increasingly unstable, and many believe that the shaking is only going to get worse.

Mt. Popocatepetl had been dormant for a very long time before it started becoming active again in the 1990s.

Now it has apparently entered an extremely active phase, and we know that it is capable of producing a catastrophic Plinian eruption.

So let’s keep a very close eye on Mt. Popocatepetl, because a Plinian eruption so close to Mexico City would be a disaster far worse than anything that any of us have ever seen.

Source: InfoWars

0 0

Students who protested Border Patrol visit should have charges dropped, professors say

More than 70 University of Arizona professors are calling on university police to drop charges against two students who disrupted a campus speaking event last month featuring agents from the federal Customs and Border Protection (CBP) agency.

The professors, part of a group called Professors of Color, urged university President Robert Robbins to focus on student and faculty safety instead, according to a letter dated Wednesday.

"We ask that you, in your role as President, end the investigations and harassment of the students by demanding that UAPD Chief, Brian Seastone, drop the charges against them," the letter read. "We also implore you to ask the Dean of Students to support rather than investigate the two students."

10 STUNNING DISPUTES OVER FREE SPEECH BETWEEN STUDENTS, FACULTY AND ADMINISTRATORS

They wrote that Mexican-American studies faculty have received death threats since video of the protest on the Tucson campus went viral, the Arizona Republic reported.

"Rather than its current emphasis on investigating and criminalizing free speech, the UAPD and administration's highest priority should be an immediate UA response to the death threats and the impact that the Border Patrol on campus has on many of our students, staff, and employees," they wrote.

Students were protesting a March 19 visit by Border Patrol agents to a meeting of the Criminal Justice Association, a student club, according to the paper. Videos of the protest showed the agents speaking to students, with some calling the agents “Murder Patrol” and “an extension of the KKK.”

Some followed the agents to their car, chanting “Murder Patrol” until they left.

CLICK HERE TO GET THE FOX NEWS APP

Robbins called the protest a "dramatic departure from our expectations of respectful behavior and support for free speech on this campus" in a March 29 letter posted online. He announced that two students – who have not been publicly identified – would be charged with misdemeanors for their actions.

A university spokesperson told the paper that Mexican-American studies faculty alerted the school about a threat. University police and other law enforcement agencies "evaluated the message and the source of the message and determined there was not a threat to campus or to public safety, the spokesperson said.

Source: Fox News National

NOW ON AIR
Now On Air

Liberty #MAGAOne Mix

Via MAGA One Mix

6:00 am 8:00 am



A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

DNA Force Plus

Limited Advanced Release

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

Source: InfoWars

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist