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Trump releases budget seeking billions for border wall, work requirements for welfare programs

President Trump kicked off a new battle with Congress on Monday by releasing his fiscal 2020 budget plan seeking billions more in funding for a border wall and controversial work requirements for Americans collecting a variety of welfare benefits.

Both proposals are sure to face resistance from Democrats, especially coming off a partial shutdown triggered by a border wall dispute that only ended when Trump declared a national emergency over immigration -- a step being litigated in the courts and challenged in Congress. The requests are part of the president's $4.7 trillion budget plan.

Escalating Trump's pursuit of wall funding, the White House in the new budget requested an additional $8.6 billion to build the wall along the U.S.-Mexico border—seeking $5 billion from Congress, plus $3.6 billion from the military construction budget, for fiscal 2020.

TRUMP TO REQUEST $8.6 BILLION IN WALL FUNDING IN 'TOUGH' BUDGET REQUEST, SETTING UP CONGRESSIONAL SHOWDOWN

Meanwhile, the budget aims to implement new welfare requirements -- namely, that Americans 18-65 years old work at least 20 hours a week in a job, a job training program or a community service program to secure a range of benefits and aid.

According to the administration, the work requirement would apply to federal programs like food stamps, Medicaid, and federal housing, but would come with a hardship exemption. Last year, the administration opened the door for states to impose work requirements for Medicaid recipients. This part of the budget proposal would bring those work requirements to the federal level.

The budget, meanwhile, projects a $1.1 trillion deficit for the fiscal year beginning Oct. 1, but also calls for deep cuts to domestic programs.

“In the last two years, President Trump and his Administration have prioritized reining in reckless Washington spending. The Budget that we have presented to Congress and the American people…embodies fiscal responsibility and takes aim at Washington’s waste, fraud, and abuse,” Office of Management and Budget Acting Director Russ Vought said in a statement.

“Our national debt nearly doubled under the previous Administration and now stands at more than $22 trillion,” he continued. “This Budget shows that we can return to fiscal sanity without halting our economic resurgence while continuing to invest in critical priorities.”

The budget also includes a national paid family leave proposal and seeks money to establish the Space Force, as a new branch of the military, while sharply curbing spending on domestic safety-net programs. The outline includes a total of $2.7 trillion in nondefense spending cuts and the administration says the proposal would put the federal government on track to balance the budget by 2034.

The White House’s request for billions of dollars in additional funding for a wall comes as senior Homeland Security officials told Fox News that the administration is preparing for an estimated 180,000 migrants traveling as families to cross the border—either illegally, or claiming asylum—marking a record in family units crossing.

“We want to strengthen legal immigration and welcome more individuals through a merit-based system that enhances our economic vitality and vibrancy of our diverse nation. We also will continue to uphold our humanitarian ideals,” Homeland Security Secretary Kirstjen Nielsen said last week during a House hearing. “But illegal immigration is simply spiraling out of control and threatening public safety and national security.”

NIELSEN DECLARES MIGRATION CRISIS 'SPIRALING OUT OF CONTROL,' WARNS IT WILL GET 'EVEN WORSE'

The $8.6 billion would allow the administration to complete more than the promised 722 miles of wall along the border, according to White House officials. The funding comes on top of the billions Trump is working to shift from military accounts after declaring a national emergency last month. The emergency declaration came after Congress blocked Trump’s original request for $5.7 billion for construction of the wall. That denial sparked the longest partial shutdown of the federal government in U.S. history.

Democrats, though, continue to argue that an emergency at the border is “non-existent,” and promised to block the proposal to build the wall again.

“President Trump hurt millions of Americans and caused widespread chaos when he recklessly shut down the government to try to get his expensive and ineffective wall, which he promised would be paid for by Mexico,” Senate Minority Leader Chuck Schumer, D-N.Y., and House Speaker Nancy Pelosi, D-Calif., said in a statement.

“Congress refused to fund his wall and he was forced to admit defeat and reopen the government. The same thing will repeat itself if he tries this again. We hope he learned his lesson,” they said, adding that the funding would be better put to use toward domestic programs like “education and workforce development.”

The administration is expecting pushback on this “tough” budget, according to White House economic adviser Larry Kudlow.

“I would just say that the whole issue of the wall, of border security, is of paramount importance,” Kudlow said on “Fox News Sunday. “We have a crisis down there. I think the president has made that case very effectively.”

Trump also proposed an additional $750 billion for defense, while cutting non-defense discretionary spending by 5 percent below the cap. The budget will also increase requests for some agencies, while reducing others to reflect those priorities. For example, the 2020 budget seeks to reduce funding for the Environmental Protection Agency.

Budgets are mainly seen as blueprints for the White House’s priorities and agenda, but are often debated and negotiated on Capitol Hill, where lawmakers craft the appropriation bills that eventually fund the government.

And while the budget will suggest it balances in future years, it is also expected to rely on projections for continued economic growth from the tax cuts Trump signed into law in 2017. But there's no guarantee that would cover the lost tax revenues.

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By proposing spending levels that don't raise the budget caps, the president is courting a debate with Congress. Lawmakers from both parties have routinely agreed to raise spending caps established by a previous deal years ago to fund the government.

Fox News’ Griff Jenkins, John Roberts, Chris Wallace and The Associated Press contributed to this report.  

Source: Fox News Politics

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Thousands flee wildfire in South Korea’s eastern coast, one dead: Yonhap

Flames are seen during a wildfire in Donghae
Flames are seen during a wildfire in Donghae, South Korea, April 5, 2019. Yonhap via REUTERS

April 5, 2019

SEOUL (Reuters) – A wildfire in South Korea killed one person and forced more than 4,000 people to flee their homes, Yonhap news agency reported on Friday.

The fire broke out in eastern Gangwon Province on Thursday evening and spread to the seaside holiday city of Sokcho, burning about 385 hectares (950 acres) of land and 310 homes, warehouses and other buildings, Yonhap reported citing the government.

About 4,230 citizens had been evacuated to gymnasiums and schools, and 52 schools would be closed on Friday.

President Moon Jae-in has ordered the use of all available resources to extinguish the forest fire, the Ministry of the Interior and Safety said in a statement.

The government has deployed about 45 helicopters, 77 firefighting vehicles and 13,000 personnel from around the country to contain the fire, Yonhap said.

(Reporting by Joyce Lee; Editing by Stephen Coates)

Source: OANN

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North Korea leader Kim will meet Putin in Russia later this month: Kremlin

North Korean leader Kim Jong Un speaks during the 4th Plenary Meeting of the 7th Central Committee of the Workers' Party of Korea in Pyongyang
North Korean leader Kim Jong Un speaks during the 4th Plenary Meeting of the 7th Central Committee of the Workers' Party of Korea (WPK) in Pyongyang in this April 10, 2019 photo released on April 11, 2019 by North Korea's Korean Central News Agency (KCNA). KCNA via REUTERS/File Photo

April 18, 2019

MOSCOW (Reuters) – North Korean leader Kim Jong Un will travel to Russia in the second half of this month and meet President Vladimir Putin, the Kremlin said on Thursday.

It gave no further details in a statement on its website.

(Reporting by Tom Balmforth; editing by Maria Kiselyova)

Source: OANN

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Watch: Angry Drag Queen Attacks Pro-Life Activist at Abortion Rally

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Source: InfoWars

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UK reviewing status of 17 F-35s after Japan crash

A Japan Air Self-Defense Force's F-35A stealth fighter jet is seen at the Mitsubishi Heavy Industries Komaki Minami factory in Toyoyama, Japan
A Japan Air Self-Defense Force's F-35A stealth fighter jet, which Kyodo says is the same plane that crashed during an exercise on April 9, 2019, is seen at the Mitsubishi Heavy Industries Komaki Minami factory in Toyoyama, Aichi Prefecture, Japan, in this photo taken by Kyodo June 2017. Mandatory credit Kyodo/via REUTERS

April 10, 2019

BERLIN (Reuters) – The British Ministry of Defence is in close touch with U.S. officials and reviewing the status of its 17 F-35B fighter jets after the crash of a Japanese F-35 jet in the Pacific Ocean on Tuesday, a ministry spokesperson said.

“Safety is of the utmost importance and very closely managed on the F-35 program. We will continue to review the situation as further information becomes available,” the spokesperson said.

Britain, which plans to buy a total of 138 F-35 fighter jets built by Lockheed Martin, declared its fleet of F-35B fighter jets ready for initial combat operations from land in January.

(Reporting by Andrea Shalal; editing by Thomas Seythal)

Source: OANN

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Spanish judge issues warrant for North Korea embassy intruders: source

FILE PHOTO: A man walks past the North Korea's embassy in Madrid
FILE PHOTO: A man walks past the North Korea's embassy in Madrid, Spain February 28, 2019. REUTERS/Sergio Perez

March 27, 2019

MADRID (Reuters) – A Spanish judge has issued international arrest warrants for two of the intruders who forced their way into North Korea’s embassy in Madrid last month and are currently believed to be in the United States, a judicial source said on Wednesday.

The warrants were issued for the group leader and another suspect after an investigation by a Spanish court found that they broke into the embassy, tried to persuade an official to defect and then stole computer equipment.

The suspected leader has been identified by the court in an official document as Adrian Hong Chang, a Mexican who is a U.S. resident. The other suspect sought in the arrest warrant is Sam Ryu, who is a U.S. citizen of Korean descent.

According the court’s official document, which was made public on Tuesday, Hong Chang is believed to have traveled to the United States a day after the raid and contacted the Federal Bureau of Investigation to pass on information about it. It was not clear how the court knew that the man had contacted the FBI.

Other judicial sources told Reuters the two arrest warrants are likely to be the first of many more since the group of intruders is believed to have had 10 members. The other suspects include South Korean citizens.

The U.S. State Department has said the U.S. government was not involved in the raid while the FBI said it is standard practice to neither confirm nor deny the existence of an investigation.

Three of the intruders took an embassy official into the basement and encouraged him to defect from North Korea. They identified themselves as members of a group who campaigned for the “liberation of North Korea”, the document said.

The Spanish court document gave a detailed account of the intruders’ movements before as well as during the intrusion, including their stay in a hotel and purchases of knives, balaclava masks and fake guns.

The embassy raid occurred shortly before the Feb. 27-28 summit between North Korean leader Kim Jong Un and U.S. President Donald Trump in Hanoi.

The group kept embassy staff tied up for several hours and then searched the premises for arms before leaving, at which point they separated into four groups and headed to Portugal.

Hong Chang then flew from Lisbon to New York.

In Spain the High Court has the power to investigate criminal offences, after which formal accusations are launched.

(Reporting By Belén Carreño and Isla Binnie, writing by Axel Bugge, Editing by Angus MacSwan)

Source: OANN

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Weather Channel sued for $125M over death of Texas man killed in 'horrific' crash with storm chasers

The family of a Texas man filed a $125 million lawsuit against the Weather Channel, claiming the network ignored its storm chasers’ history of reckless driving that led to the deadly “horrific” car crash in 2017.

Karen Di Piazza filed the wrongful death lawsuit Tuesday against the Weather Channel over the death of her son, Corbin Lee Jaeger, who died on March 28, 2017 when Kelley Williamson and Randy Yarnall’s vehicle slammed into his Jeep near Spur, Texas.

Williamson and Yarnell — popular storm chasers for the Weather Channel and stars of the show “Storm Wranglers” — were speeding down the highway in their Chevy Suburban at 70 mph when they ran a stop sign and smashed in Jaeger’s vehicle, the lawsuit stated. The duo was looking for any signs of a tornado and live streaming the drive on the Weather Channel’s Facebook page when the video stopped.

HAIL PELTS NORTHERN TEXAS ‘LIKE A SNOWSTORM,' DAMAGING HOMES AND VEHICLES

“The storm isn’t very far in front of us right now,” Williamson said during the live stream. “Actually, that’s what the dark is you’re seeing right there.”

Jaeger, a 25-year-old storm spotter employed by the National Weather Service, Williamson, 57, and Yarnell, 55, all died on impact.

The lawsuit claimed that Williamson and Yarnall had a “well-documented history of dangerous behavior behind the wheel” that the channel ignored and even encouraged. Di Piazza claimed the in-studio reps not only monitored the storm chasers’ actions, they continued to instruct them during live streams to capture “particularly exciting footage.”

"TWC had actual knowledge of the poor driving habits of these individuals, to the extent that it was apparent it was more likely Williamson and Yarnell would run a stop sign than stop at a stop sign. And Yarnell ran a stop sign killing Corbin Lee Jaeger," the lawsuit stated.

"The Weather Channel's on-air personalities Kelley Williamson and Randall Yarnall habitually ran stop signs, traffic lights and violated other basic traffic safety laws, in attempts to obtain video footage for their show,” Di Piazza’s attorney said, according to USA Today.

WOMAN CRUSHED BY LARGE LOG ON OREGON BEACH THAT WAS STRUCK BY 'SNEAKER WAVE'

"The force of the collision caused the equipment-laden Suburban to catapult over a five-foot-tall fence 150 feet from the point of impact,” the attorney added. "Jaeger, a certified storm spotter for the National Weather Service, who had planned to return to college in Arizona to pursue a career as a meteorologist, was driving westward away from that tornado, when he was struck and killed.”

The lawsuit stated that the Weather Channel had the opportunity to take Williamson and Yarnell off the road and “hire a competent, law-abiding driver.”

“Instead, The Weather Channel made Williamson and Yarnall television stars, breaking laws, driving on private property, driving off-road, in ditches, through hail storms, driving the wrong way on freeway ramps, on the wrong side of the roadway, through red lights and stop signs, all to increase the sense of danger to their television audience and sell advertising and have a hit show,” the suit stated.

“The result was the death of a young man, Corbin Lee Jaeger,” it added.

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Jaeger’s family is seeking no less than $125 million in damages.

The Weather Channel said in a statement to Fox News on Wednesday that it cannot comment on pending litigation.

“We are saddened by the loss of Corbin Jaeger, Kelley Williamson, and Randy Yarnall. They were beloved members of the weather community and our deepest sympathies go out to the families and loved ones of all involved. We cannot comment on pending litigation,” the statement read.

Source: Fox News National

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Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

Source: OANN

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2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

Source: OANN

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FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

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Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

Source: OANN

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

April 26, 2019

By Manoj Kumar and Nidhi Verma

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

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

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

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

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

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

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

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

A government spokesman declined to comment.

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

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

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

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

Only for them to surge after the vote.

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

‘CREDIT NEGATIVE’

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

($1 = 70.1800 Indian rupees)

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

Source: OANN

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