Upcoming shows
Real News

NOW ON AIR
Now On Air

Real News with David Knight

9:00 am 12:00 pm



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

‘There needs to be a reckoning’ for those who spread Russia collusion narrative: Mollie Hemingway

Those who spent the last two years pushing the narrative that the Trump campaign colluded with Russia during the 2016 presidential election need to be held accountable, the Federalist senior editor Mollie Hemingway argued Friday.

Earlier in the day, the office of Special Counsel Robert Mueller handed in its report on the Russia investigation to the Department of Justice and it was announced that no new indictments would be forthcoming.

During Friday's All-Star panel segment on Fox News' "Special Report with Bret Baier," Hemingway -- along with Washington Free Beacon editor-in-chief Matthew Continetti and Reuters White House correspondent Jeff Mason -- weighed in on the breaking news that reverberated throughout Washington.

MUELLER SUBMITS LONG-AWAITED RUSSIA PROBE REPORT TO JUSTICE DEPARTMENT

Hemingway began by noting that the “Russia narrative” predates the Mueller probe, having begun circulating during the 2016 election after the creation of the infamous Clinton campaign-funded Steele dossier, which pushed the theory that then-Republican candidate Donald Trump was a “Russian agent.”

“We have, for the last three years ... frequently [witnessed] hysteria about treasonous collusion with Russia to steal the 2016 election,” Hemingway told the panel. “The fact [is] that there are no more indictments coming and the fact [is] that all of the indictments that we’ve seen thus far have been for process crimes or things unrelated to what we were told by so many people in the media was ‘treasonous collusion’ to steal the 2016 election.”

“If there is nothing there that matches what we’ve heard from the media for many years, there needs to be a reckoning and the people who spread this theory both inside and outside the government who were not critical and who did not behave appropriately need to be held accountable,” she added.

"The people who spread this theory both inside and outside the government ... and who did not behave appropriately need to be held accountable."

— Mollie Hemingway, senior editor, the Federalist

CLICK HERE TO GET THE FOX NEWS APP

Mason told the panel that there’s likely “some relief” in the White House, particularly from Jared Kushner, the president's son-in-law and top adviser. And while he insisted it was “too early” to draw major conclusions, he later added that those who attacked Mueller’s credibility throughout his investigation will have to walk back their hostility if he concludes that there was no collusion, including President Trump.

Meanwhile, Continetti suggested that the Mueller report could be the “greatest anticlimax in American history,” and that the entire investigation could be “for nothing” because it was “an investigation without a crime.” He did, however, insist that the “battle will continue” as the White House will fight Congress on transparency of the Mueller findings.

Source: Fox News Politics

0 0

Doctor: Florida man believed he was ‘half-man, half-dog’

A forensic psychologist says a former college student believed he was "half-dog, half-man" when he fatally attacked a man and woman at their home and was found biting one of their faces.

The Palm Beach Post reports Dr. Phillip Resnick made the conclusion in a 38-page mental-health report released this week by the Martin County State Attorney's Office.

Investigators say they found Austin Harrouff, now 22, biting John Stevens' face while making growling noises on Aug. 15, 2016.

Resnick's report says the fact that Harrouff persisted in biting Stevens "in the presence of police officers, in spite of threats of being shot, being tased and receiving multiple kicks to the head, suggests that Mr. Harrouff was actively psychotic."

Harrouff's attorneys are preparing an insanity defense for the Nov. 4 trial.

Source: Fox News National

0 0

Myanmar Supreme Court to rule on appeal of Reuters reporters

Myanmar's Supreme Court is to rule Tuesday on the appeal of two Reuters journalists who were sentenced to seven years in prison for their reporting on the military's brutal crackdown on Rohingya Muslims.

Wa Lone and Kyaw Soe Oo earlier this month shared with their colleagues the Pulitzer Prize for international reporting, one of journalism's highest honors.

They were arrested in December 2017 and sentenced last September to seven years' imprisonment after being accused of illegally possessing official documents, a violation of the colonial-era Official Secrets Act.

They denied the allegation and contended they were framed by police. International rights groups, media freedom organizations, U.N experts and several governments including the United States condemned their conviction as an injustice and an attack on freedom of the press.

Source: Fox News World

0 0

Danske Bank receives inquiry from U.S. SEC over money laundering

FILE PHOTO: Danske Bank sign is seen on the Estonian branch building in Tallinn
FILE PHOTO: Danske Bank sign is seen on the Estonian branch building in Tallinn, Estonia January 22, 2019. REUTERS/Ints Kalnins/File Photo

February 21, 2019

COPENHAGEN (Reuters) – The money laundering scandal at Danske Bank deepened on Thursday as the Danish lender said it had received an inquiry from the U.S. Securities and Exchange Commission (SEC).

It said SEC was carrying out an investigation, adding to an ongoing criminal investigation by the U.S. Department of Justice.

In addition to the United States, Danske is under investigation in Denmark, Estonia, France and Britain over some 200 billion euros ($226 billion) in payments from Russia, ex-Soviet states and elsewhere that were found to have flowed through its Estonian unit.

(Reporting by Stine Jacobsen; editing by Jason Neely)

Source: OANN

0 0

UN to help human rights training of Mexico’s National Guard

Mexico's efforts to calm critics of its newly formed National Guard received a boost Tuesday in the form of an agreement from the United Nations High Commissioner for Human Rights to assist in the force's training.

High Commissioner Michelle Bachelet said that her office will offer technical assistance to ensure that Mexico's new security force respects human rights.

"Experience shows us that you can't have security without full respect for human rights and you can't enjoy human rights without security," Bachelet said.

U.N. human rights experts had been outspoken in their criticism of President Andrés Manuel López Obrador's efforts to reform the constitution to give the military a formal role in the country's policing. He eventually agreed to place the National Guard under the civilian public safety minister, but has insisted that it will be led by an active duty military officer.

López Obrador said he will name the force's commander Thursday. It will initially be made up of military police from the army and navy, as well as some federal police, but recruitment is underway.

Mexico is coming off its most murderous year in at least the past 20. Previous administrations used the army and marines to combat the drug cartels in many parts of the country after determining that local police forces were hopelessly corrupt. Human rights abuses ensued by soldiers not trained for police work, from torture to extrajudicial killings.

López Obrador took office in December ready to scrap the Federal Police, which he said never came together as expected and replace it with the National Guard. The leftist president has lavished praise on Mexico's military, surprising some, insisting that only the military has the necessary discipline and respect of the public to get a handle on the country's internal security.

"We are going to carry out this change to guarantee security without violating human rights," López Obrador said. "We want Mexico to open to international observation."

Bachelet sidestepped questions about the essentially militarized nature of the new National Guard, whose officers will apparently be given military training and be under military discipline.

Bachelet said "the creation of the National Guard could open the opportunity to create a new civilian police force capable of fighting the overwhelming challenge of organized crime," without explaining how.

Bachelet called Mexico's crime numbers "terrifying," noting "Mexico has numbers of violent deaths worthy of a nation at war; 252,538 since 2006."

She also mentioned the murders of nine human rights activists and four journalists so far in 2019, coming on top of a dozen journalists murdered each year in 2018 and 2017.

Bachelet said the U.N. would be willing to help Mexico integrate its forensic files on the country's 40,000 missing people, and strengthen its capacity to find clandestine graves and identify bodies.

Source: Fox News World

0 0

U.S. congressman allied with Trump under scrutiny for tweet to Michael Cohen

Rep. Matt Gaetz (R-FL) speaks with the media about the memo released by the House Intelligence Committee in Washington
FILE PHOTO: Rep. Matt Gaetz (R-FL) speaks with the media about the memo released by the House Intelligence Committee in Washington, U.S., February 2, 2018. REUTERS/Aaron P. Bernstein

February 28, 2019

(Reuters) – U.S. Representative Matt Gaetz has come under Florida state bar scrutiny for a Twitter message that critics said was meant to intimidate President Donald Trump’s former personal lawyer Michael Cohen, the night before his public testimony on Capitol Hill.

The tweet posted by Gaetz, a second-term Republican from Florida’s Panhandle who is closely allied with Trump, suggested that compromising information about Cohen’s private life might soon be released.

“Hey @MichaelCohen212 – Do your wife & father-in-law know about your girlfriends? Maybe tonight would be a good time for that chat,” Gaetz tweeted on Tuesday. “I wonder if she’ll remain faithful when you’re in prison. She’s about to learn a lot…”

Cohen, the president’s one-time “fixer” who has turned against his former boss, is scheduled to begin serving a three-year federal prison sentence in May after pleading guilty to tax evasion, bank fraud and campaign finance violations.

On Wednesday, a spokeswoman for the Florida Bar said the organization was examining the matter.

“The Florida Bar is aware of the comments made in a tweet yesterday by Rep. Matt Gaetz, who is a Florida Bar member, and I can confirm we have opened an investigation,” the spokeswoman, Francine Walker said in a statement.

“Any time the words or actions of a Florida lawyer result in complaints, the Florida Bar will fully investigate those complaints,” Walker said. She declined to discuss the Gaetz case further, citing confidentiality rules.

APOLOGY FROM GAETZ

Lanny Davis, an attorney for Cohen, denounced the “despicable lies and personal smears” contained in the tweet and called on lawmakers from both parties to “repudiate his words and his conduct.”

Gaetz initially defended his tweet, shrugging off criticism that his message could be construed as witness tampering.

“It’s witness testing,” Gaetz said. “We already know that Michael Cohen lies to Congress. We already know that he lies to law enforcement. Now we’re going find out if he also lies to the people closest to him.”

Gaetz later apologized on Twitter, saying he was deleting the tweet in question and insisting his aim was to “create context” around Cohen’s testimony.

“It was NOT my intent to threaten, as some believe I did,” wrote Gaetz, who is not a member of the House of Representatives Oversight Committee where Cohen appeared on Wednesday. “I should have chosen words that better showed by intent. I’m sorry.”

    In nationally televised testimony on Wednesday, Cohen, 52, assailed Trump’s character, calling him a “conman” and “cheat” who knew in advance about the release of stolen emails aimed at hurting his Democratic rival in the 2016 presidential race.

    Trump has denied any collusion between his campaign and Moscow. Russia denies U.S. intelligence agencies’ assertions that it interfered in the election.

(Reporting by Steve Gorman in Los Angeles; Editing by Bill Tarrant and Peter Cooney)

Source: OANN

0 0

Homelessness rises in Argentina’s capital amid crisis

A smiling two-year-old Valentina Aleman runs down a sidewalk in Buenos Aires, dodging cardboard boxes, a worn-out sofa and a broken refrigerator without noticing the cars zooming dangerously close to her and others risks of living on the streets.

A makeshift tent of cardboard and plastic bags on the side of a busy avenue in the Argentine capital serves as the shelter for the girl, her four siblings and her parents, who sleep sharing two old mattresses laid out on the concrete.

"Being here with (the children) is not nice. The main risk is their health," Valentina's mother, Damiana, said while the kids played with used toys. "They want to watch TV. My oldest asks why we can't be at home with our TV and our bed."

Families living on the streets outside shopping malls, bus stations and parks have become an increasingly common sight in Buenos Aires, as an economic crisis, soaring inflation and a spike in utility bills fueled by austerity measures have left more people unable to afford a home. The long-running crisis sharpened in 2018 when the Argentine peso lost about half its value following a run on the currency.

The number of people in extreme poverty in Argentina's capital - the country's wealthiest area - has doubled in the past three years to 6.5 percent, or about 198,000 people, according to official figures. The Buenos Aires city government has yet to release homeless numbers for the end of 2018, but local civic groups estimate the figure at around 8,000 people.

Argentines continue to lose purchasing power to an inflation rate that reached 47.6 percent last year, the highest since 1991, and many are frustrated with the decision by President Mauricio Macri's government to slash subsidies on utilities and public transportation. On average, in the past year natural gas has shot up 77.6 percent, electricity by 46 percent and water by 26 percent

Eight months ago, the Aleman family became unable to keep up with soaring utilities costs. The family paid about $112 per month in rent. Their finances collapsed when they received a $246 electricity bill. Then Valentina's father, Emilio, lost his job in a furniture factory that shut down amid the crisis.

"Seven out of every 10 families see the cost of utilities as a problem for their domestic finances," said Matias Barroetavena, director of the Center of Metropolitan Studies, a Buenos Aires-based research center.

Reducing poverty is still on the to-do list for Macri, who has entered the last year of his presidential term and has launched a re-election bid for October's voting.

When Macri took office in 2015, he said his administration should be judged by its ability to reduce poverty. "Zero poverty" became one of his top goals.

But poverty in Argentina increased to 32 percent of the population in the second half of 2018 from 27.3 percent in the first half, the INDEC official statistics agency said on Thursday.

"I trusted him when he said 'zero poverty'. It looked like he would stand by the poor," Aleman said. "But Macri actually meant getting rid of the poor, rather than improving the economy."

Following last year's devaluation of the peso, Argentina was forced to seek a record financing deal with the International Monetary Fund. The decision brought back bad memories for Argentines who blame the IMF for introducing policies that led to the country's worst crisis in 2001 when one in every five Argentines went unemployed and millions slid into poverty.

Macri says he underestimated the macroeconomic imbalances inherited from his populist predecessor, center-left President Cristina Fernandez. He argues that correcting them became more difficult when Argentina's worst drought in decades deprived his government of much-needed farm export revenue. Argentina's economy was also hit by "external factors," including the U.S.-China trade war, he said.

Macri has seen his popularity ratings plunge. Fernandez is tied with him in most polls even though she faces numerous investigations into alleged corruption during her 2007-2015 administration.

A poll conducted in Buenos Aires and its suburbs showed that 65 percent of respondents said their income was not enough to make ends meet. Fifty-two percent said they had reduced their food consumption as a result. The Center of Metropolitan Studies surveyed 1,523 people between Feb. 26 and March 2 in a poll that had a margin of error of 3.1 percentage points.

Shelters in Buenos Aires are at full capacity. But since most are divided by gender, families often prefer to stay on the streets rather than splitting up.

And it's not only the homeless demanding beds in shelters. Residents from the suburbs are increasingly choosing to stay in the city from Monday to Friday to avoid spending on public transportation. Workers who earn the minimum wage of about $280 a month are estimated to spend 10 percent of their salaries on public transportation, according to estimates from the Buenos Aires Ombudsman's office.

The Alemans now rely on the money that Emilio gets gathering cardboard and recyclable waste, meals at soup kitchens and on the generosity of nearby residents. Not all empathize, however. Some have called the police to remove them from the sidewalk.

"When people live on the streets, they feel like they're a waste of space, like they deserve to be there. Your opinion of yourself is so low," said Horacio Avila, a social psychologist who co-founded Project 7, which provides assistance to the homeless. Avila himself was homeless for over 10 years.

Leaning out of an igloo-looking structure made out of layers of cloth and plastic tethered to a supermarket car, Hector Garcia jokes with passers-by.

"You keep laughing, you will be right next to me soon," he sometimes tells people with a laugh.

Garcia has been living on the street of a middle-class Buenos Aires' neighborhood for four years since losing an administrative job. Nowadays, he survives by repairing home appliances or disassembling them to sell the scraps and shares the improvised shack with 77-year-old retiree Maria Ortega.

Garcia also believed his living conditions would improve after the change of government.

"The government provides you with the possibility of getting off the streets for five or six months. That's not a solution," the 57-year-old said about government housing subsidies.

"At least I don't get any bills here," Garcia said before ducking back inside his shelter.

Source: Fox News World

NOW ON AIR
Now On Air

Real News with David Knight

9:00 am 12:00 pm



FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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

Democratic presidential candidate Elizabeth Warren suggested that doctors and nurses don’t treat African American women the same way they do white women.

Warren appeared on Wednesday together with a number of other 2020 Democratic candidates at the She The People Forum in Houston, discussing issues concerning women of color.

WARREN’S $1.25T EDUCATION PLAN ‘SWEEPING’ GIVEAWAY TO THE WEALTHY AT EXPENSE OF THE POOR, WAPO EDITORIAL BOARD SAYS

The Massachusetts senator announced on stage a plan to decrease the childbirth mortality rate among black women while identifying a systematic problem with how they are treated.

“And there is a specific problem, as you rightly identified, for women of color who are three, four times more likely to die in childbirth,” Warren said.

“And here’s the thing, even after we do the adjustments for income, for education, this is true across the board. This is true for well-educated African American women, for wealthy African American women, and the best studies that I’m seeing put it down to just one thing, prejudice,” she added.

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

“That doctors and nurses don’t hear African American women’s medical issues the same way that they hear the same things from white women.”

— Elizabeth Warren

CHARLIE KIRK: WARREN AND OTHER DEMS OFFER FREE MONEY – BUT DON’T TELL YOU PRICE WILL BE YOUR FREEDOM

Warren went on to get into details of her plan, noting that hospitals will be given bonuses if they manage to reduce the childbirth mortality rate among black women in an effort to give financial incentives for those doctors and nurses to provide better care.

“And if they don’t, then they’re going to have money taken away from them,” Warren added.

CLICK HERE TO GET THE FOX NEWS APP

“I want to see the hospitals see it as their responsibility to address this problem head-on and make it a first priority. The best way to do that is to use the money to make it happen because we gotta have change, and we gotta have change now.”

Source: Fox News Politics

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