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Philip Morris says Canadian unit RBH granted creditor protection

FILE PHOTO: Packs of Benson & Hedges cigarettes are on display in a tobacco shop in Vienna
FILE PHOTO: Packs of Benson & Hedges cigarettes are on display in a tobacco shop in Vienna, Austria, May 12, 2017. REUTERS/Leonhard Foeger

March 23, 2019

(Reuters) – Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec earlier this month.

The company said it would deconsolidate RBH from its financial statements, and it cut its full-year 2019 diluted earnings per share forecast to at least $4.90 at prevailing exchange rates, from at least $5.28 in the forecast it made on March 4, shortly after the ruling in Quebec.

The Court of Appeal of Quebec upheld the bulk of a 2015 decision that awarded around C$15 billion to smokers in the Canadian province, a blow to several big tobacco companies, including RBH.

(Reporting by Shubham Kalia in Bengaluru; Editing by Leslie Adler)

Source: OANN

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Toyota to build Corolla in Brazil that will run on electricity, ethanol and gas

FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Pierre Albouy/File Photo

April 17, 2019

SAO PAULO (Reuters) – Japan’s Toyota Motor Corp said on Wednesday it will begin building in Brazil a new version of the Corolla sedan that will run on electricity, ethanol and gas, the first vehicle of its kind to be built in Latin America.

Toyota said in a statement that it made the decision to build the Corolla in Brazil in part thanks to a package of tax incentives passed by the country’s Congress, known as Rota 2030. Unlike in most markets around the world, ethanol is a common car fuel in Brazil.

(Reporting by Marcelo Rochabrun; Editing by Bill Berkrot)

Source: OANN

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Drunken Dems’ Only Sober Alternative to Trump

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Oh, how their heads hurt. After two intoxicating years, the Mueller Investigation & Media Tequila Party is over. Morning has come, and Democrats have opened their eyes to a pounding headache. Liquor bottles held high the night before now litter the floor: Democrats even ate the Michael Cohen worm. 

Inconveniently, the special prosecutor found no collusion. Those who imbibed most have been left stumbling, trying to explain how Donald Trump covered up the crime no one committed. But the feast was moveable, and the partygoers celebrated each other. They are convinced it was not overindulgence that caused their hangover; merely that they stopped drinking. A little hair-of-the dog is all we need. Pour us another Margarita, and let’s get this party started again.

In the confusion, more sober leaders reasserted control. Old pro Nancy Pelosi determined Democrats are not going to raise the flag of impeachment now, understanding it will become even less likely as the 2020 election grows closer. Delay, delay, delay, Pelosi believes, until the mystic chords of impeachment become memories that never again swell. 

Pelosi did have to throw her caucus’s fine young radicals a bone: Madam Speaker gave them impeachment without impeachment. Democrats will be allowed to hold hearings and pursue investigations. That will keep Trump in the spotlight, Democratic activists motivated, and MSNBC fed.

Pelosi has even gotten most of her 2020 presidential candidates on board. With the notable exceptions of Kamala Harris and Elizabeth Warren, most Democratic contenders are calling it closing time. It is a remarkable display of the speaker’s power, considering the Democratic field has expanded to 20 candidates, requiring at least two clown cars. Poor Joe Biden is just entering the race.

Sen. Harris, who tells us she is not a socialist, just another Democrat who supports Bernie Sanders’ socialist agenda, would like to party on. She has said, “I believe Congress should take the steps toward impeachment.” California’s junior senator is sinking in the polls despite or, perhaps, because of her powerful socialist/impeachment one-two punch. She has dropped 6 points in New Hampshire, falling to 4% support, the survey’s margin of error. Technically, Harris may have erased herself.

Warren, who has been defined by her war with Trump over her illusory Native American heritage, has also worked her way down to near nothing in the same survey, notching only 5%. The Massachusetts senator, too, would like to extend impeachment festivities and she embraces every possible radical orthodoxy, including reparations for oppressed minorities, confiscating billionaires’ wealth, and canceling student debt. How would you like to be the last generous soul to pay off his or her student loan, just before Warren erases everyone else’s?

Harris and Warren provide lessons for Democrats who hear “Hail to the Chief” every time they rouse crowds with molten, anti-Trump rhetoric: Voters who don’t support Donald Trump aren’t looking for a Democratic Trump replica. They are looking for an alternative. Hot Democrats who balance Trump's fire with their own aren't different from our current president. They are just the other side of Trump's coin. One of his great gifts is magnetism: The Donald drags his adversaries into no-rules-barred combat on the muddy turf where he fights best.

Yet, the Democrat gaining momentum is not a rabid, anti-Trump fanatic, nor a radical, collectivist zealot. Pete Buttigieg is the calm to Trump’s storm, the still waters to this president's tempest. As others have noted in the now obligatory veneration, the gay, 37-year-old, left-handed Mayor of Smallville is an articulate polymath who speaks numerous languages, quotes Scripture, plays piano, and has studied history, philosophy, and ethics. If Buttigieg’s resume is a contrast to the president’s, so is his joyful maturity, which stands in staggering contrast to the cheerless and substanceless knife fights that pass for Republican and Democrat debate these days, ravenously merchandized by our sensationalist news media. When Bernie Sanders flies into space, for example, endorsing the right of convicted terrorists, rapists, and pedophiles to vote while in prison, it is the young mayor who plays grown-up, elegantly distancing himself from Sanders’s enflamed radicalism by saying, simply, “No, I don’t think so.” 

Cool as an after-dinner mint, Buttigieg uncommonly resorts to reason to explain his positions, avoiding name-calling, charges of senility, or accusations of treason. "Part of the punishment when you are convicted of a crime and you're incarcerated is you lose certain rights. You lose your freedom," Buttigieg told a town-hall audience. "And I think during that period, it does not make sense to have an exception for the right to vote."

Often, voters want in their next president what they didn’t find in their last one. That’s trouble for Sanders who, in many ways, parallels Trump, a fellow radical, white-hot populist who aims to overthrow the corrupt Washington establishment. Sanders, we might argue, is Donald Trump with a smaller balance sheet, no experience leading anything, and a college sophomore’s naïveté.

Joe Biden is calmer than Donald Trump, but the dead often are. Having lost twice, Biden 2020 is the sequel to movies no one went to see in 1988 and 2008. He is #YesterdaysCandidate, the old, white male that today’s Democrats crave to run against. Biden still owns a 1967 Corvette. It is an antique everyone admires, but no one would drive today.

No Democratic candidate provides a brighter alternative to Donald Trump than Pete Buttigieg. Could he give the incumbent a real run for his billions? Maybe, but Trump is still the odds-on favorite for re-election. 

First, he’s doing a good job delivering growth, jobs, and higher wages, and Democrats admit as much when they openly hope the economy won’t be in as good a shape in 2020. Desperate prayers for an economic downturn do not usually evolve into promising strategy. Second, Buttigieg is a self-described democratic capitalist and a voice of reason, but only in comparison to the rest of his left-lurching party. He is at home in a party that has swallowed Sanders’ socialist agenda whole. Behind his moderate appearance, he embraces the tenets of the global elite, including a carbon tax. That is the tax that alienated the working class from the cognoscenti in Emmanuel Macron’s France. Third, Buttigieg is young and untested, and newbie challengers often get beat when the economy is doing well. Adversaries don’t have to persuade people to vote against them, just to put them back in the pantry until they have time to ripen. Lastly, Democrats have control of the House and a reasonable shot of taking the Senate in 2020, when Republicans will defend 22 of the 34 seats contested. 

A turbulent Donald Trump may make the case that he is actually the candidate of stability and restraint, the indispensable counterbalance to a rabid and socialist Democratic Party, proving that God does have a sense of irony, if not humor. So party on, Democrats. As someone once wrote, “There is a great independence, and a confident immunity to risk, in all drinks made out of cactus.”

Alex Castellanos is a Republican strategist, a founder of Purple Strategies and a political analyst for ABC News.

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Libya’s Hifter spokesman says Sudan supplied arms to rivals

A spokesman for the Libyan army in the east says ousted Sudanese president Omar al-Bashir and his associates had been supplying militias with arms and fighters.

Ahmed al-Mesmari said in a televised statement late Friday that two military planes took off from Khartoum on March 28 carrying insurgents, "weapons and ammunition" and landed in Tripoli's Matiga air base.

The base is under the control of militias aligned with the U.N.-brokered government in Tripoli.

Forces under the command of Khalifa Hifter loyal to a rival government in the east are at war with the Tripoli militias and launched an offensive to seize control of the capital.

Al-Mesmari expressed support for the Sudanese military, which detained al-Bashir in a military coup and took power.

Source: Fox News World

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Son of sheriff’s deputy arrested in connection with historically black church fires: report

The son of a Louisiana sheriff’s deputy was arrested Wednesday in connection with fires that burned down three historically black churches in the past two weeks, police said.

Holden Matthews, 21, has been booked into the St. Landry Parish jail on suspicion of arson, KATC-TV reported, citing law enforcement sources. Matthews is the son of St. Landry Parish Deputy Roy Matthews. Authorities have not released a mug shot of the suspect.

The first fire took place last month at the St. Mary Baptist Church in Port Barre on March 26. The second happened April 2 at the Greater Union Baptist Church in Opelousas, while the latest came two days later at the Mount Pleasant Baptist Church, also in Opelousas.

After observing the crime scenes and speaking with investigators, Rep. Clay Higgins, R-La., told The New York Times that the “method of each burn is notably the same.”

CHINESE OFFICIALS BURN BIBLES CLOSE CHURCHES, FORCE CHRISTIANS TO DENOUNCE FAITH AMID 'ESCALATING' CRACKDOWN

The three churches of predominantly black congregations were empty at the time of the blazes, and no injuries were recorded. The NAACP has labeled the church burnings “domestic terrorism” and racially motivated.

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Authorities said they will “announce significant updates” in the investigation during an inter-agency press conference Thursday morning.

Fox News' Lukas Mikelionis and The Associated Press contributed to this report.

Source: Fox News National

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Australia, Holland, Russia start talks over downed MH17

The Netherlands and Australia have confirmed three-way talks with Russia have begun over the ongoing criminal investigation into the shooting down of Malaysian Airlines flight MH17 in 2014.

The two countries announced last year they were holding Russia responsible for providing the missile fired by pro-Russian forces in war-torn Ukraine that hit the jet, causing the deaths of all 298 people aboard, including 196 Dutch and 38 Australians.

After diplomatic approaches were made earlier this year, Dutch Foreign Minister Stef Blok and his Australian counterpart Marise Payne said Wednesday that the first trilateral talks about state responsibility for the incident took place earlier this month.

On his visit to Canberra, Blok told a news conference he could not reveal details about the meetings because of confidentiality issues.

Source: Fox News World

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Michael Cohen vows to fill in Mueller report’s redactions, ‘tell it myself’

Former Trump lawyer Michael Cohen on Thursday promised to fill in the blanks on Special Counsel Robert Mueller’s Russia investigation, hours before a redacted version of his report was due to be made public.

“Soon I will be ready to address the American people again...tell it all...and tell it myself!” Cohen tweeted.

MICHAEL COHEN ASKS HOUSE DEMOCRATS TO HELP KEEP HIM OUT OF PRISON

That tweet came after his attorney Lanny Davis, tweeted that Cohen “knows and can fill in the bulk of the redactions.”

“We will tell it all,” he promised.

Cohen is scheduled to report to jail next month to begin serving a three-year prison sentence after he pleaded guilty to tax evasion, fraud, lying to Congress and campaign finance violations.

He testified to Congress in February, branding Trump a “racist….a conman….a cheat” and expressing regret for having worked for Trump. In that testimony, he said he had “suspicions” that Trump’s presidential campaign colluded with Russia -- though the special counsel apparently did not find such evidence.

COHEN LOBS BOMBS AT TRUMP DURING FIERY HEARING, STOPS SHORT OF COLLUSION CLAIM AS GOP BASHES CREDIBILITY

Cohen’s legal team sent a letter to House Democrats this month saying he was still sorting through documents that might be of interest to House Democrats investigating President Trump, including emails, voice recordings, images and other documents on a hard drive. The lawyers said if Cohen reports to prison May 6 as scheduled, he won't be able to finish reviewing the material.

They asked the lawmakers to write letters saying that Cohen was cooperating and that "the substantial trove of new information, documents, recordings, and other evidence he can provide requires substantial time with him and ready access to him by congressional committees and staff to complete their investigations and to fulfill their oversight responsibilities."

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Cohen's lawyers said they were still holding out hope that federal prosecutors in New York not only would back another delay in the start of his prison term, but also would agree to reopen his case and advocate for a lighter sentence.

"It is our hope that the authorities in the Southern District of New York will consider this total picture of cooperation by Mr. Cohen, verified by your letter and the important new evidence he has made available or could make available to assist the government, and the particular facts involved here to grant Mr. Cohen a reduced term following the rules and procedures of the Southern District of New York."

Fox News' Gregg Re contributed to this report.

Source: Fox News Politics

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Sri Lanka's former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake
Sri Lanka’s former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake, Sri Lanka April 12, 2019. REUTERS/Dinuka Liyanawatte

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

COLOMBO (Reuters) – Sri Lanka’s former wartime defense chief, Gotabaya Rajapaksa, said on Friday he would run for president in elections this year and would stop the spread of Islamist extremism by rebuilding the intelligence service and surveilling citizens.

Gotabaya, as he is popularly known, is the younger brother of former President Mahinda Rajapaksa and the two led the country to a crushing defeat of separatist Tamil rebels a decade ago after a 26-year civil war.

More than 250 people were killed in bomb attacks on hotels and churches on Easter Sunday that the government has blamed on Islamist militants and that Islamic State has claimed responsibility for.

Gotabaya said the attacks could have been prevented if the island’s current government had not dismantled the intelligence network and extensive surveillance capabilities that he built up during the war and later on.

“Because the government was not prepared, that’s why you see a panic situation,” he said in an interview with Reuters.

Gotabaya said he would be a candidate “100 percent”, firming up months of speculation that he plans to run in the elections, which are due by December.

He was critical of the government’s response to the bombings. Since the attacks, the government has struggled to provide clear information about how they were staged, who was behind them and how serious the threat is from Islamic State to the country.

“Various people are blaming various people, not giving exactly the details as to what happened, even people expect the names, what organization did this, and how they came up to this level, that explanation was not given,” he said.

On Friday, President Maithripala Sirisena said the government led by premier Ranil Wickremesinghe should take responsibility for the attacks and that prior information warning of attacks was not shared with him.

Wickremesinghe said earlier he was not advised about warnings that came from India’s spy service either, presenting a picture of a government still in disarray since the two leaders fell out last October.

Gotabaya is facing lawsuits in the United States, where he is a dual citizen, over his role in the war and afterwards.

The South Africa-based International Truth and Justice Project, in partnership with U.S. law firm Hausfeld, filed a civil case in California this month against Gotabaya on behalf of a Tamil torture survivor.

In a separate case, Ahimsa Wickrematunga, the daughter of murdered investigative editor Lasantha Wickrematunga, filed a complaint for damages in the same U.S. District Court in California for allegedly instigating and authorizing the extrajudicial killing of her father.

Gotabaya said the cases were baseless and only a “little distraction” as he prepared for the election campaign. He said he had asked U.S. authorities to renounce his citizenship and that process was nearly done, clearing the way for his candidature.

‘DISMANTLE THE NETWORKS’

He said that if he won, his immediate focus would to be tackle the threat from radical Islam and to rebuild the security set-up.

“It’s a serious problem, you have to go deep into the groups, dismantle the networks,” he said, adding he would give the military a mandate to collect intelligence from the ground and to mount surveillance of groups turning to extremism.

Gotabaya said that a military intelligence cell he had set up in 2011 of 5,000 people, some of them with Arabic language skills and that was tracking the bent towards extremist ideology some of the Islamist groups were taking in eastern Sri Lanka was disbanded by the current government.

“They did not give priority to national security, there was a mix-up. They were talking about ethnic reconciliation, then they were talking about human rights issues, they were talking about individual freedoms,” he said.

President Sirisena’s government sought to forge reconciliation with minority Tamils and close the wounds of the war and launched investigations into allegations of rights abuse and torture against military officers.

Officials said many of these secret intelligence cells were disbanded because they faced allegations of abuse, including torture and extra judicial killings.

Muslims make up nearly 10 percent of Sri Lanka’s population of 22 million, which is predominantly Buddhist.

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.

Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.

“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.

“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”

STUART VARNEY: THANKS TO TRUMP, AMERICANS ARE FEELING BETTER ABOUT THEIR FINANCES

39 MILLION ADULTS CANNOT AFFORD A SUMMER VACATION

Kudlow added that Trump has “ended the war” on business and success, and is rallying for the small business owners of America.

“The president is rebuilding incentives, he is rebuilding confidence, he the rebuilding optimism,” he said. “He is basically saying you should keep more of what you earn. He is basically saying to small businesses we’ll cut the paperwork back and make it easier for you to start a business and prosper.”

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Kudlow said the Trump administration is also working with House Speaker Nancy Pelosi and other Democratic leaders to implement bipartisan deals to ensure the continuation of the GDP’s success.

“If the policies and the principles remain in place — and I believe they will — then I believe this new prosperity expansion cycle is going to go on for a whole bunch of more years,” he said.

Source: Fox News Politics

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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President Donald Trump says he feels “young” and “vibrant” at age 72 and thinks he can beat 76-year-old Joe Biden “easily.”

A reporter asked Trump at the White House on Friday how old is too old to be president of the United States.

Trump said: “I just feel like a young man. I’m so young. I can’t believe it. … I’m a young vibrant man.”

Then he smiled and said he’s not sure about Democratic presidential contender Biden, the second-oldest contender in the race behind Bernie Sanders.

Trump said: “I look at Joe. I don’t know about him.”

Biden, in an interview on ABC’s “The View,” joked in response that if Trump “looks young and vibrant compared to me, I should probably go home.”

Source: NewsMax Politics

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