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Mexico president Lopez Obrador signs vow he will not seek second term

FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City
FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador attends a news conference to announce a plan to strengthen finances of state oil firm Pemex, at the National Palace in Mexico City, Mexico February 15, 2019. REUTERS/Henry Romero/File Photo

March 19, 2019

MEXICO CITY (Reuters) – Mexico’s President Andres Manuel Lopez Obrador on Tuesday put in writing a promise to never seek a second term, after critics expressed worry that a new law allowing a mid-term recall referendum could be a step toward a re-election bid.

At a morning news conference, Lopez Obrador signed a document in which he vowed to step down as president when his term ends in 2024, and retire to his ranch in southern Mexico.

“Never, under any circumstance, will I try to perpetuate myself in the position that I currently have,” the document stated.

Several Latin American leaders have changed laws to allow them to stand for re-election, including leftists such as Venezuela’s late president Hugo Chavez and President Evo Morales in Bolivia. Colombia’s conservative former president Alvaro Uribe unsuccessfully tried to change the law and run for a second term.

The Mexican constitution limits a president to a single six-year term, and the principle of no re-election has been at the heart of Mexican politics since Francisco Madero campaigned in 1909 against president Porfirio Diaz, who had held on to power for three decades.

Late Thursday, Mexico’s lower house of Congress approved legislation permitting referendums to cut short the presidential term, in line with Lopez Obrador’s plan to have the public vote on his performance half-way through his administration.

The constitutional change, which must still be approved by the Senate, will enable Lopez Obrador to honor his pledge to give the electorate a chance to vote him out after three years.

Critics say that will also allow the president to put himself at the center of the campaign for mid-term legislative elections in 2021, and could encourage support for permitting re-election.

(Reporting by Sharay Angulo; Writing by Frank Jack Daniel; Editing by David Gregorio)

Source: OANN

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Amnesty says impunity emboldens Mideast rights violations

Amnesty International says the world community's "chilling complacency toward wide-scale human rights violations" in the Middle and North Africa emboldened governments to commit "appalling" violations last year.

The group's annual survey of the human rights situation in the region, released in Beirut on Tuesday, says ongoing crackdowns on dissent and civil society "intensified significantly" in Egypt, Iran and Saudi Arabia.

It also cited the killing of journalist Jamal Khashoggi by Saudi agents in Istanbul, saying it "has not been followed by concrete action to ensure those responsible are brought to justice."

Amnesty called on all countries to immediately suspend the sale or transfer of arms to Israel and the warring sides in Yemen "until there is no longer substantial risk that such equipment could be used to commit" violations.

Source: Fox News World

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Giuliani Scolded During Divorce Hearing

Rudy Giuliani was scolded by a judge Wednesday morning during a hearing in his divorce case, The New York Daily News reports.

Manhattan Supreme Court Justice Michael Katz told Giuliani to stop interrupting the proceeding after he called one of his wife’s claims “bulls—t.”

“You have lawyers representing you,” he told Giuliani. “You’re not the lawyer.”

Giuliani was responding to a remark by his estranged wife, Judith Nathan, about a pending asset appraisal.

Nathan filed for divorce last April after Giuliani publicly stepped out with a woman he was alleged to have had an affair with.

Giuliani denies the affair happened.

Katz referred to the proceedings as a “circus” and “unpleasant” and said, “we’ll do what we need to do to resolve this case.”

Giuliani during the hearing accused Nathan of hiding a bank account from him which held $100. Nathan’s lawyers said the bank account was an oversight because Giuliani re-routed the couple’s mail.

Nathan accused Giuliani of violating a previous court order for failing to pay for her mother’s medical bills. But Giuliani said the bills never come to him directly.

Source: NewsMax America

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Amazon, Comcast, Electronic Arts submit bids for Nexon holding firm: Maeil report

The logo of Amazon is seen on the door of an Amazon Books retail store in New York
FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid

February 27, 2019

SEOUL (Reuters) – Amazon.com Inc, Comcast Corp and Electronic Arts Inc submitted initial bids for the holding firm of South Korea’s biggest gaming firm Nexon, Maeil Business Newspaper said on Wednesday, citing investment banking sources.

Last week, South Korean tech firms Netmarble and Kakao and private equity fund MBK Partners submitted letters of intent to buy the holding firm, NXC Corp, in what could be one of South Korea’s biggest deals, a source familiar with the matter said.

A Nexon spokeswoman declined to comment. Amazon, Comcast and Electronic Arts did not immediately respond to emailed requests for comment.

(Reporting by Hyunjoo Jin and Heekyong Yang; Editing by Muralikumar Anantharaman)

Source: OANN

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Ford to launch more than 30 new models in China over next three years

Chen Anning, CEO of Ford China, talks to reporters at an event in Shanghai
Chen Anning, Chief Executive Officer of Ford China, talks to reporters at an event in Shanghai, China April 3, 2019. REUTERS/Yilei Sun

April 3, 2019

By Yilei Sun and Norihiko Shirouzu

SHANGHAI/BEIJING (Reuters) – Ford Motor plans to launch more than 30 new models in China over the next three years of which over a third will be electric vehicles, the U.S. automaker said on Wednesday, as it seeks to reverse slumping sales in the world’s top auto market.

Ford had said previously it would launch 50 new or significantly redesigned vehicles in China starting in 2018 and through 2025, and Wednesday’s announcement provides more clarity on the timeline.

Its China operations chief Anning Chen said the automaker is committing itself to improving its relationships with Chinese joint-venture partners and localizing its management teams by hiring and promoting more Chinese nationals and global talent with Chinese expertise, among other initiatives.

The new plans are intended to “enable us to gain the momentum to break through” in the marketplace, Chen told a small group of reporters.

Ford has been struggling to revive sales in China, the second biggest market globally for the Dearborn, Michigan automaker, after its business began slumping in late 2017. Sales slumped 37 percent in 2018, after a 6 percent decline in 2017.

Ford has said its sales crisis stemmed mainly from a lack of new products. Industry experts also ascribe the company’s China trouble to the Sino-U.S. trade war and its rocky relationship with domestic partners Changan Automobile Group and Jiangling Motors Group.

(Reporting by Yilei Sun in Shanghai and Norihiko Shirouzu in Beijing; Editing by Muralikumar Anantharaman)

Source: OANN

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Factbox: Trump administration departures, firings, reassignments

Neilsen speaks at border security briefing near the US-Mexico border in California
Homeland Security Secretary Kirstjen Nielsen and U.S. President Donald Trump arrive to view a section of border wall in Calexico California, U.S., April 5, 2019. REUTERS/Kevin Lamarque

April 8, 2019

WASHINGTON (Reuters) – The White House said on Monday that President Donald Trump would replace the head of the U.S. Secret Service, a day after Trump asked for the resignation of Homeland Security Secretary Kirstjen Nielsen.

Nielsen and Trump had long clashed over immigration issues, and her departure came amid a surge in migrants from Central America at the southern U.S. border with Mexico.

Trump announced on Twitter that Kevin McAleenan, the current U.S. Customs and Border Protection commissioner, would become acting DHS secretary.

Randolph “Tex” Alles, the outgoing head of the Secret Service, said he had not been fired but that his departure was part of a broader shake-up of the Department of Homeland Security.

The White House said James Murray, a career Secret Service agent, would take over in May.

The Secret Service came under scrutiny after a Chinese woman carrying electronic devices was charged with bluffing her way through security checks at Trump’s Mar-a-Lago resort in Florida.

Trump’s White House has had the highest turnover of senior-level staff of the past five presidents, according to figures compiled by the Brookings Institution think tank.

Here are some senior figures who have been fired, quit or otherwise changed roles in the administration.

2019

Linda McMahon – The Republican fundraiser was one of Trump’s first Cabinet picks. She served as director of the Small Business Administration until March, when she resigned to join Trump’s re-election campaign. Trump nominated U.S. Treasurer Jovita Carranza to the position in April.

Clete Willems – A key figure in trade talks with China and a deputy to Trump’s top economic adviser, Larry Kudlow, Willems said in March he wanted to spend more time with his family.

Heather Wilson – The U.S. Air Force secretary, considered a top candidate to become the next defense secretary, decided to return to academia.

Bill Shine – Eight months after being hired as the White House communications director, he resigned to work on Trump’s re-election campaign. A source close to Trump said the president had lost confidence in the former Fox News executive.

2018

Jim Mattis – In a candid resignation letter that laid bare his growing divide with Trump over Syria and Afghanistan policies, the defense secretary abruptly quit, shocking allies and Congress. Trump named Mattis’ deputy, Patrick Shanahan, a former Boeing executive, to the role in an acting capacity soon afterward.

Ryan Zinke – Trump’s first interior secretary left at the end of 2018 amid investigations into his use of security details, chartered flights and a real estate deal.

John Kelly – A retired Marine Corps general, Kelly was hired as White House chief of staff to bring order to the chaotic Trump White House, but ultimately fell out with his boss. Trump named his budget director, Mick Mulvaney, to the job on an acting basis on Dec. 14.

Jeff Sessions – The former Republican U.S. senator from Alabama was finally forced out as attorney general on Nov. 7 after months of being attacked and ridiculed by the president for recusing himself from a special counsel probe into Russian interference in the 2016 presidential election. He was replaced briefly by Matthew Whitaker until William Barr was confirmed to the job.

Nikki Haley – The former South Carolina governor stepped down at the end of 2018 as U.S. ambassador to the United Nations. Trump first put forward State Department spokeswoman Heather Nauert as her successor, but she later withdrew. Trump has since nominated Republican donor and U.S. Ambassador to Canada Kelly Craft for the position.

Don McGahn – Trump said in August the White House counsel would leave amid strains between the two over the Russia probe.

Scott Pruitt – The Environmental Protection Agency chief quit on July 5 under fire over a series of ethics controversies.

David Shulkin – White House officials said on March 28 that the Veterans Affairs secretary would resign.

H.R. McMaster – The national security adviser was replaced on March 22 by John Bolton.

Rex Tillerson – The secretary of state was fired by Trump on March 13 after long-standing tension between them.

Gary Cohn – The National Economic Council director and former Goldman Sachs president said on March 5 he would resign. Trump picked Larry Kudlow to replace him.

Hope Hicks – The White House communications director, a long-serving and trusted Trump aide, resigned on Feb. 28.

Rob Porter – The White House staff secretary resigned in February after accusations of domestic abuse from former wives.

2017

Omarosa Manigault Newman – The former reality TV star was fired as assistant to the president in December.

Tom Price – The Health and Human Services secretary quit under pressure from Trump on Sept. 29 over travel practices.

Stephen Bannon – Trump’s chief strategist was fired by Trump in mid-August after clashing with White House moderates.

Anthony Scaramucci – The White House communications director was fired by Trump in July after 10 days on the job.

Reince Priebus – Replaced as chief of staff by Kelly, Priebus lost Trump’s confidence after setbacks in Congress.

Sean Spicer – Resigned as White House press secretary in July, ending a turbulent tenure.

Michael Dubke – Resigned as White House communications director in May.

James Comey – The FBI director, who led the Russia probe before the special counsel was appointed, was fired by Trump in May.

Michael Flynn – Resigned in February as Trump’s national security adviser. Flynn later pleaded guilty to lying to the FBI.

Sally Yates – Fired in January by Trump as acting attorney general.

(Reporting by Washington Newsroom; Editing by Kevin Drawbaugh, James Dalgleish and Peter Cooney)

Source: OANN

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Mexican Official Starts Stammering After Tucker Asks Why Mexico Won’t Let Migrants Remain There

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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