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‘Large’ IMF majority on Venezuela leader issue needed: Lagarde

World Bank Group President David Malpass and IMF Managing Director Christine Lagarde at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington
World Bank Group President David Malpass and IMF Managing Director Christine Lagarde at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, U.S. April 13, 2019. REUTERS/James Lawler Duggan

April 13, 2019

By Rodrigo Campos

WASHINGTON (Reuters) – The International Monetary Fund will not be able to help Venezuela deal with its economic crisis until a “large majority” of its members decide who to recognize as the country’s leader, the head of the global lender said on Saturday.

Managing Director Christine Lagarde said the IMF “can only be guided by the membership, so it’s not a question of us deciding” whether to help in the event that Venezuela’s government reaches out to the Fund.

“It has to be a large majority of the membership actually recognizing diplomatically the authorities that they regard as legitimate,” Lagarde said in a press conference at the IMF and World Bank spring meetings in Washington.

Venezuela is mired in a deep economic crisis marked by widespread food and medicine shortages, while hyperinflation has all but rendered its currency worthless.

More than 50 mostly Western countries including the United States and Venezuela’s largest neighbors have recognized opposition leader Juan Guaido, the head of Venezuela’s National Assembly, as the South American nation’s leader.

Russia and others recognize Nicolas Maduro, the socialist president and successor to the late Hugo Chavez, as the legitimate head of state.

U.S. Treasury Secretary Steven Mnuchin said separately on Saturday that he has had discussions with the IMF about the process for recognizing Guaido as Venezuela’s leader.

“There were discussions we had this week at the IMF about that, and what their process would be to do that,” he said.

Earlier this week Lagarde and World Bank President David Malpass said separately they are preparing to move quickly to help ease Venezuela’s worsening humanitarian crisis, but the leadership question is standing in the way.

Based on the countries which have publicly supported Guaido or Maduro and their voting weighting inside the World Bank and IMF, Guaido’s representative could get slightly more than 50 percent of a vote according to a Reuters tally. No such vote has yet been called for.

An estimated 3.7 million Venezuelans have left the oil-rich country to escape deteriorating social and economic conditions, according to the United Nations High Commissioner for Refugees and the International Organization for Migration.

(Reporting by Rodrigo Campos; Additional reporting by Pete Schroeder; Editing by Paul Simao)

Source: OANN

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BuzzFeed CEO Panics: Big Tech Having ‘Huge Problem Controlling Content’

Tech companies like Google, Facebook, and Twitter are having a “huge problem” controlling content on their platforms, and censoring conservatives isn’t enough, claimed BuzzFeed CEO Jonah Peretti.

“Tech platforms are having a huge problem with the content on their platforms,” Peretti said Friday at SXSW. “They don’t make the content and are having trouble controlling the content.”

Peretti also said that censoring conservatives alone isn’t enough; Big Tech also needs to promote “good content,” ie particular points of view.

“We can’t just police bad content, we have to produce good content,” Peretti said.

A video presentation included in Peretti’s speech showed an image of a garbage can equated with the words “Anti-Vaxxers,” “trolls,” “political extremists,” “flat-Earthers,” “racists,” “misogynists,” and “pedophiles,” as among the issues Big Tech faces.

“They’re trying to get rid of all the bad stuff, and it’s an endless fight to get rid of all the terrible content that’s uploaded to these platforms, and they can never win this fight,” Peretti said.

“There’s a vacuum which is created by a lack of good content and it’s made it difficult for the platforms, and it’s opened up this opportunity for all these other bad actors to upload content.”

The Austin Chronicle’s Austin Sanders agreed with Peretti’s premise, saying that “it’s not just about banning Alex Jones.”

The point illustrates the challenge facing platforms like Facebook and Twitter: It’s not just about banning Alex Jones, it’s about promoting the media companies that produce quality journalism, so more people are seeing thoroughly verified information,” Sanders wrote Friday.

BuzzFeed recently laid off 15 percent of its workforce over budget issues, which Peretti reportedly badly mishandled.


Twitter: 

Source: InfoWars

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Japan auto lobby hopes Trump makes ‘appropriate decision’ on trade

FILE PHOTO: Newly manufactured cars await export at port in Yokohama
FILE PHOTO: Newly manufactured cars await export at port in Yokohama, Japan, November 15, 2017. REUTERS/Toru Hanai/File Photo

February 21, 2019

TOKYO (Reuters) – Japan’s auto industry lobby on Thursday called on U.S. President Donald Trump to make an “appropriate decision” on trade rules governing imported vehicles, repeating its stance that Japanese-made cars posed no threat to U.S. national security.

“Introducing import restriction measures would not only negatively affect our U.S. customers, but would also disrupt the operations of U.S. vehicle and auto parts manufacturers as well as auto dealerships,” Akio Toyoda, chairman of the Japan Automobile Manufacturers Association, said in a statement.

“We look forward to President Trump’s understanding and a careful and appropriate decision on his part regarding this matter of critical importance to the U.S. automobile industry and the American people.”

On Sunday, the U.S. Commerce Department sent a report to Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled.

(Reporting by Chang-Ran Kim; Editing by Chris Gallagher)

Source: OANN

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Brazil economy minister confident on one trillion reais pension reform

FILE PHOTO: Brazil's Economy Minister Paulo Guedes gestures during a meeting at Economic Affairs Committee (CAE) of the Brazilian Federal Senate in Brasilia
FILE PHOTO: Brazil's Economy Minister Paulo Guedes gestures during a meeting at Economic Affairs Committee (CAE) of the Brazilian Federal Senate in Brasilia, Brazil March 27, 2019. REUTERS/Ueslei Marcelino/File Photo

April 10, 2019

By Jamie McGeever

(Reuters) – Brazilian Economy Minister Paulo Guedes said on Wednesday he is “optimistic” that Congress will pass a pension reform bill that will generate savings of 1 trillion reais ($261.68 billion) over 10 years, in line with the government’s ambitious proposal.

Guedes is also confident Brazil will exceed its 2019 privatization goal of raising $20 billion from the sale of public assets by as much as 40 percent, he told a conference in New York, without giving any detail on which sectors or assets.

Brazil was expected to return to high growth rates “very soon,” Guedes said, even though growth in the United States and across the rest of the world is slowing.

Key to that is pension reform, the government’s flagship economic policy to slash public spending, restore Brazil’s finances and revive growth, despite increasing signs that the process is running into political quicksand.

Lawmakers know they are “in a corner” and need to cut spending on pensions and change the system to private retirement accounts from the current “pay as you go” framework, he said.

“I’m optimistic, I think Congress will vote with us. They (lawmakers) will cut something here, something there, but I think we will get 1 trillion, which is exactly what we wanted,” Guedes said, referring to the proposed savings over 10 years.

Analysts and investors overwhelmingly say that the final savings generated will likely be below that, with the consensus estimate settling around 600-700 billion reais.

Guedes said that the government’s proposals are widely supported by ordinary Brazilians, although a DataFolha poll on Wednesday showed that 51 percent of Brazilians are against them.

Guedes and President Jair Bolsonaro have been accused of not being fully committed to building the political bridges in Brasilia required to get Congress onside. Guedes’ appearance at a Congressional hearing on pension reform last week descended into angry finger-pointing, shouting, insults and jostling.

The minister’s bullishness on social security reform also extended to other areas of the government’s economic agenda. Privatizations this year will exceed forecasts, taxes are being cut and simplified, and regulations reduced, Guedes said.

Privatization proceeds so far this year have reached $12 billion, more than half the $20 billion forecast, and the government will ramp that up in its four-year term, he said.

“We’re selling everything,” Guedes said, adding that selling everything would cut government debt by $300 billion. “It will be hard to sell everything in four years, but let’s see.”

($1 = 3.8214 reais)

(Reporting by Jamie McGeever; Editing by Jeffrey Benkoe and Grant McCool)

Source: OANN

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Macron, French Mayor Mock Elderly Protestor Wounded in Police Stampede

An elderly French woman who suffered skull fractures and brain hemorrhaging when riot police stormed a crowd at 'Yellow Vest' demonstrations was scolded and discredited by President Macron and the mayor of Nice, according to reports.

Genevieve Legay, 73, who has been described as an anti-capitalist activist, was reportedly waving a rainbow-colored "flag of peace" when police in riot gear and shields charged into a group of protestors, seeming to knock her violently to the pavement.

Video footage of the fray shows Legay lying apparently unconscious on the ground, blood pouring from her face as officers surround her and one checks her vital signs.

When asked to comment on the episode during an interview with Nice-Matin, French president Emmanuel Macron responded, "I wish her a quick recovery, and I also wish her more wisdom. A fragile person, who is at risk of being pushed down, shouldn’t go to unauthorized marches or put themselves in such a situation."

French television hosts later analyzed "information distortion" about the incident delivered to reporters by Nice mayor Christian Estrosi, who claimed Legay had fallen on her own and only suffered minor injuries.

"Yes, I know, it’s a shame, since I know that it wasn’t in a clash with the police; she stumbled," Estrosi said. "Of course every person who is wounded today, whether in these circumstances or others – it's always unfortunate, but I think that those are superficial wounds."

According to Legay's daughter and follow-up reports, she suffered skull fractures, brain hemorrhaging, and five broken ribs in the melee and is recovering in hospital.

Video translation courtesy of Vlad Tepes

Paul Joseph Watson breaks down how the European Union has officially voted to adopt the Article 13 provision into law which would govern the production and distribution of online content under the presumption of copyright protections, but what this really means is no more creative memes.

(PHOTO: VALERY HACHE/AFP/Getty Images)

Source: InfoWars

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Harry Reid wishes 'every day' to have George W. Bush back, says he'd be 'Babe Ruth' compared to Trump

Former Democratic leader Harry Reid has unleashed a blistering attack on Donald Trump.

Reid, who has repeatedly slammed the president, renewed hostilities and even managed to spin his dislike of Trump into some unexpected praise for a former political adversary.

“In hindsight, I wish every day for a George Bush again,” Reid told CNN’s Dana Bash.

"There's no question in my mind that George Bush would be Babe Ruth in this league that he's in with Donald Trump in the league. Donald Trump wouldn't make the team," Reid said.

Reid famously sparred with President Bush during his administration calling him a “loser” and a “liar”, making his admission even more cutting toward the current President.

Reid, who is fighting pancreatic cancer and left office in 2017, was asked by Bash if ‘there was anything he thought the President was doing right?’

“I just have trouble accepting him as a person,” Reid replied. “So frankly, I don’t see anything he is doing right.”

Not one to take an insult lying down, President Trump quickly shot back on Twitter.

“Former Senator Harry Reid (he got thrown out) is working hard to put a good spin on his failed career. He led through lies and deception, only to be replaced by another beauty, Cryin’ Chuck Schumer. Some things just never change!” Trump tweeted.

Reid also gave some advice to Democratic presidential candidates who are seeking to take on President Trump in 2020.

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"The candidates running need not talk about how bad President Trump is, they just need to talk about what's good for the country,” Reid said.

“Everyone knows, even those people supporting knows what problems he has.”

Source: Fox News Politics

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Macron hopes older protester gains “wisdom” after injuries

French President Emmanuel Macron has told a newspaper he hopes a 73-year old yellow vest protester who suffered serious head injuries after being charged by police in Nice, gains "wisdom" over the incident.

Anti-globalization activist Genevieve Legay remains in hospital Monday after police advanced aggressively on people defying a protest ban Saturday.

An Associated Press reporter saw Legay, who was waving a rainbow flag marked "Peace," fall to the pavement, blood spilling from her head.

In an interview published in Nice Matin Monday, Macron suggested Legay didn't behave "responsibly," saying that "fragile" people shouldn't attend "places that are defined as prohibited."

He added: "I wish her a speedy recovery, and perhaps a form of wisdom."

At least 2,000 people have been injured in yellow vest protest violence.

Source: Fox News World

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Senior White House adviser Jared Kushner said Tuesday that a detailed plan for a merit-based immigration system will be presented to President Trump, giving priority to skilled immigrants rather than those with family ties to the U.S.

“I do believe that the president’s position on immigration has been maybe defined by his opponents by what he’s against as opposed to what he’s for,” Kushner said at the Time 100 Summit in New York City. “What I’ve done is I’ve tried to put together a very detailed proposal for him.”

KUSHNER: RUSSIA INVESTIGATION HAD ‘HARSHER IMPACT’ ON US THAN ELECTION MEDDLING

Kushner announced that the new immigration proposal, which Trump will receive this week or next, will resemble the point-based systems in Canada, Australia and New Zealand, and will unify people by ensuring strong wages and secure borders while protecting humanitarian values.

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term,” he said. “And my hope is we can really do something that unifies people around what we’re for on immigration.”

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term. And my hope is we can really do something that unifies people around what we’re for on immigration.”

— Jared Kushner

JARED KUSHNER RESPONDS AFTER HASAN MINHAJ CALLS OUT HIS TIES TO SAUDI PRINCE

Kushner denied in the same talk that he has clashed with White House staffer Stephen Miller, who’s seen as tougher on immigration than others, adding that the plan was concocted with the help of Miller and Kevin Hassett, chairman of the Council of Economic Advisers.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison,” Kushner joked, referring to the Israel-Palestine peace plan he’s working on.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison.”

— Jared Kushner

After the plan gets presented to Trump, it will likely undergo some changes and then he will decide when to proceed with it, Kushner said.

CLICK HERE TO GET THE FOX NEWS APP

“It’s very, very complicated, but it’s a very interesting issue, and if we can solve it, I do think it’s a critical component for America’s long-term competitive advantage,” he added.

The Associated Press contributed to this report.

Source: Fox News Politics

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

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The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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