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Kudlow: Despite Comments, White House Backs Stephen Moore for Fed Post

The White House is standing behind Federal Reserve Board of Governors pick Stephen Moore despite his past comments about women.

According to CNN, Economic Council director Larry Kudlow spoke with reporters Wednesday and conveyed the Trump administration's belief that Moore is still a solid choice to serve on the fed.

"We continue to back Stephen Moore, continue to back him. He's in the process of being vetted by the FBI and so forth, and if he gets through that, we will nominate him formally and then he'll go to the Senate Banking Committee and they'll vet him also," Kudlow said.

Moore was found to have made remarks about women that questioned their ability to work as men's college basketball referees or beer vendors at games, and also said female athletes do "inferior work" to men.

Moore pushed back and said the comments were a joke.

"This was a spoof. I have a sense of humor," he told CNN.

On Wednesday, Kudlow acknowledged Moore's explanation.

"He says it was a spoof. That's what he's told me — I do buy it," Kudlow said. "I know him; he's kind of a great sense of humor, wiseass kind of guy, what can I tell ya? I don't think it's germane. I don't think he was making a statement. I think he was making a spoof. Our support is still there, still there."

Source: NewsMax Politics

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Guilfoyle: Congress Inaction Causing Immigration 'Meltdown'

Not only is there a national emergency on the border, but there is one in Congress, too, for their inaction on immigration reform, according America First Policies vice chair Kimberly Guilfoyle in The Daily Caller.

"Congress tried to veto reality," Guilfoyle wrote. "Instead, President Trump vetoed Congress.

". . . By any measure of objective reality, there is a national emergency at the southern border. There's also another national emergency. It's in Washington where Congress refuses to recognize reality or do anything about it."

Congress' inaction has invited human traffickers to flood our borders, because they know they ostensibly protected by politics, she claimed.

The mass migration gets released into the United States by court order and the undocumented immigrants compete against Americans for jobs, perhaps even flooding the market and causing wage deflation for those laborers, she added.

"No matter how hard Congress tries to ignore, deny and dodge reality, we have a humanitarian, security, and enforcement crisis at the border," Guilfoyle wrote. "As Homeland Security Secretary Kirsten Nielsen said, it is beyond a national emergency — it's a total meltdown of our immigration system.

". . . The president took an oath to preserve and protect our country. He takes that oath seriously. Congress must take off its blindfold and work with President Trump to end the immigration crisis threatening our nation."

Source: NewsMax Politics

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With Fed pause, list of potential Asia rate cutters grows

Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis

March 27, 2019

By Cynthia Kim and Marius Zaharia

SEOUL/HONG KONG (Reuters) – A slowing global economy and abrupt end to Federal Reserve policy tightening have shifted rate cut expectations in Asia to probable from possible, with the market betting on moves by a growing list of central banks.

New Zealand sent the clearest signal on Wednesday when its central bank kept interest rates at a record low of 1.75 percent, but said a weak external environment meant its next move was more likely to be a cut.

Money markets are pricing in a strong chance of a cut in Australia this year. The Philippines, India and Indonesia also have room to reverse some of last year’s multiple interest rate hikes aimed at protecting the peso, rupee and rupiah from emerging market turmoil, economists say.

In Malaysia, rate cut calls are growing louder as inflation has turned negative, while policymakers in Japan debated further stimulus amid concerns over waning global demand, according to minutes from the Bank of Japan’s March meeting.

A new and unexpected member of the club of potential rate cutters is South Korea, where the government bond yield curve has flattened rapidly, signaling economic weakness that economists believe the Bank of Korea may address.

In China, although reductions in bank reserve requirements are seen as Beijing’s main monetary policy easing tool, some analysts also expect cuts in benchmark rates.

“This shifting growth-inflation mix combined with a concluded Fed tightening cycle calls for a significant change in the course of monetary policy across Asian economies,” ANZ economists said in a quarterly note on Wednesday.

“We now expect all central banks in the region to either hold interest rates or move into accommodation mode,” they said.

This is a remarkable turnaround. Only last year the debate in trade-deficit countries was about how high rates could go, and Japan’s central bank was contemplating exiting unorthodox stimulus policies.

However, the tone in Asia is not only set by the Fed.

China’s trade war with the United States and several measures to curb financial risk-taking last year are weighing more heavily than expected on the world’s second biggest economy and Asia’s growth engine.

Inflation in most Asian economies is below, or at the lower end of central bank targets.

For an interactive graphic of Asian interest rates, click on: http://tmsnrt.rs/1U5hc2W

FLATTENING YIELD CURVES

Expectations for monetary policy easing have increased with the emergence of a bad omen for economic growth in the United States, and implicitly, the world.

Yields on benchmark U.S. 10-year Treasury notes fell below three-month rates on Friday for the first time since mid-2007, an inversion that preceded every U.S. recession over the past 50 years.

This time might be different because central bankers are not worried about inflation and low yields are a global malaise.

Still, investors and policymakers took notice.

Former Fed chief Janet Yellen told a Hong Kong conference on Monday that while the yield curve inversion may not herald a recession, it might signal the need to cut rates.

Extend that rationale to flattening yield curves across Asia, and the circle of potential rate cutters is expanding.

South Korea’s 2/10-yield curve this week was briefly flatter than Japan’s curve, which has had a pancake shape for years.

(GRAPHIC: Korea emerges as a potential rate cutter – https://tmsnrt.rs/2CEKfc5)

South Korea’s housing market, one of the world’s hottest in 2018, has lost steam after the government tightened regulations.

As fears ease about housing debt, which was running at levels seen in the United States before the subprime crisis, the Bank of Korea has some room for maneuver.

“I’m currently reviewing my forecast to bring forward the timing of a cut,” said Kong Dong-rak, a fixed income analyst at Daishin Securities.

(Reporting by Cynthia Kim in SEOUL and Marius Zaharia in HONG KONG; editing by Darren Schuettler)

Source: OANN

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British shipyard evacuated after report of a bomb on a nuclear submarine

FILE PHOTO: A worker walks between the first two Astute class nuclear submarines as they are built in the Devonshire Dock hall at the BAE systems facility in Barrow-in-Furness
FILE PHOTO: A worker walks between the first two Astute class nuclear submarines as they are built in the Devonshire Dock hall at the BAE systems facility in Barrow-in-Furness, northern England, May 8, 2007. REUTERS/Phil Noble (BRITAIN)/File Photo

April 10, 2019

LONDON (Reuters) – A shipyard in northern England that builds Britain’s new generation of nuclear submarines was evacuated on Wednesday after what a local news website said was a bomb warning.

Ambulances and police were on the scene in Barrow-in-Furness in northwestern England. The defense ministry declined to comment.

“As a precaution, the Devonshire Dock Complex has been closed,” a spokeswoman for BAE Systems said. “Staff, contractors and local residents are being kept informed.”

An unidentified source told The Mail, a Barrow-in-Furness-based publication known previously as the North-West Evening Mail, that staff had been evacuated after a warning about a bomb on an Astute-class nuclear attack submarine.

Barrow-in-Furness makes the new generation of four Dreadnought-class ballistic missile submarines that will eventually replace the Vanguard class which form the basis of the United Kingdom’s Trident nuclear deterrent.

Dreadnought-class submarines will measure 153 meters long, with a displacement of 17,200 tonnes, and have a PWR3 nuclear reactor.

BAE Systems, Rolls Royce and Babcock are the main industrial partners in the 31-billion pound ($41 billion) Dreadnought project.

(Reporting by Guy Faulconbridge, Kate Holton and Paul Sandle; editing by Stephen Addison)

Source: OANN

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Schiff says there is still 'significant evidence of collusion', plans to subpoena to see Mueller report

Rep. Adam Schiff, D-Calif., the chairman of the House Intelligence Committee, said Sunday that he believes there is still “significant evidence of collusion” linking the Russian government with President Trump’s 2016 presidential campaign, despite reports out of the Justice Department that Special Counsel Robert Mueller will not be recommending any further indictments in his investigation.

“There's a difference between compelling evidence of collusion and whether the special counsel concludes that he can prove beyond a reasonable doubt the criminal charge of conspiracy,” Schiff said during an interview on ABC’s “This Week.” “I leave that decision to Bob Mueller, and I have full confidence in him.”

“I trust in his prosecutorial judgment,” Schiff added. “But that doesn't mean, of course, that there isn’t compelling and incriminating evidence that should be shared with the American people.”

'THIS IS A GRAND SLAM:' TRUMP TEAM 'CONFIDENT' NO COLLUSION IN MUELLER REPORT

Schiff is one of numerous Democrats pressing for full disclosure of Mueller's report on the Russia investigation and vowing to use subpoena powers and other legal means if necessary to get it.

Attorney General William Barr was expected to release his first summary of Mueller's findings on Sunday, people familiar with the process said, on what lawmakers anticipated could be a day of reckoning in the two-year probe into President Trump and Russian efforts to elect him. Since receiving the report Friday, Barr has been deciding how much of it Congress and the public will see.

At his resort in Florida, Trump stirred from an unusual, nearly two-day silence on Twitter with the tweet Sunday morning: "Good Morning, Have a Great Day!" Then followed up: "MAKE AMERICA GREAT AGAIN!"

Democratic Rep. Jerrold Nadler, chairman of the House Judiciary Committee, said Democrats won't be willing to wait long for the Justice Department to hand over full information on the probe into whether Trump's 2016 campaign coordinated with Russia to sway the election and whether the president later sought to obstruct the investigation.

"It won't be months," he said on CNN's "State of the Union."

MUELLER NOT RECOMMENDING FURTHER INDICTMENTS AFTER REPORT TURNOVER

Asked if he still believes Trump obstructed justice, he indicated there has been obstruction but "whether it's criminal is another question."

Barr and Deputy Attorney General Rod Rosenstein, who appointed Mueller and oversaw much of his work, analyzed the report on Saturday, laboring to condense it into a summary letter of main conclusions.

The Russia investigation has shadowed Trump for nearly two years and has ensnared his family and close advisers. And no matter the findings in Mueller's report, the probe already has illuminated Russia's assault on the American political system, painted the Trump campaign as eager to exploit the release of hacked Democratic emails to hurt Democrat Hillary Clinton and exposed lies by Trump aides aimed at covering up their Russia-related contacts.

Barr has said he wants to release as much as he can under the law. That decision will require him to weigh the Justice Department's longstanding protocol of not releasing negative information about people who aren't indicted against the extraordinary public interest in a criminal investigation into the president and his campaign.

Democrats are citing the department's recent precedent of norm-breaking disclosures, including during the Clinton email investigation, to argue that they're entitled to Mueller's entire report and the underlying evidence he collected.

READ THE LETTER: AG BILL BARR'S LETTER TO LAWMAKERS ANNOUNCING HE RECEIVED MUELLER REPORT

Even with the details still under wraps, Friday's end to the 22-month probe without additional indictments by Mueller was welcome news to some in Trump's orbit who had feared a final round of charges could target more Trump associates or members of the president's family.

The White House sought to keep its distance, saying Sunday it had not been briefed on the report. Trump, who has relentlessly criticized Mueller's investigation as a "witch hunt," went golfing Saturday and was uncharacteristically quiet on Twitter. Not so one of his guests, musician Kid Rock, who posted a picture with the president and the tweet, "Another great day on the links!" He added: "What a great man, so down to earth and so fun to be with!!"

The conclusion of Mueller's investigation does not remove legal peril for the president.

CLICK HERE TO GET THE FOX NEWS APP

He faces a separate Justice Department investigation in New York into hush money payments during the campaign to two women who say they had sex with him years before the election. He's also been implicated in a potential campaign finance violation by his former lawyer, Michael Cohen, who says Trump asked him to arrange the transactions. Federal prosecutors, also in New York, have been investigating foreign contributions made to the president's inaugural committee.

As for Mueller, absent the report's details, it was not known whether he concluded the campaign colluded with the Kremlin to tip the election in favor of the celebrity businessman. A Justice Department official did confirm that Mueller was not recommending any further indictments, meaning the investigation had ended without any public charges of a criminal conspiracy, or of obstruction of justice by the president.

In a letter to the Republican and Democratic leaders of the congressional judiciary committees, Barr noted on Friday that the department had not denied any request from Mueller, something Barr would have been required to disclose to ensure there was no political interference. Trump was never interviewed in person by Mueller's team, but submitted answers to questions in writing.

The Associated Press contributed to this report.

Source: Fox News Politics

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China thanks Kazakhstan for support on Xinjiang de-radicalization scheme

Kazakh Foreign Minister Beibut Atamkulov visits China
Kazakh Foreign Minister Beibut Atamkulov (L) and Chinese Foreign Minister Wang Yi (R) pose for photos after signing documents at the end of a meeting at Diaoyutai State Guesthouse in Beijing, China March 28, 2019. Andrea Verdelli/Pool via REUTERS

March 29, 2019

BEIJING (Reuters) – The Chinese government’s top diplomat has thanked Kazakhstan for its support for a controversial de-radicalization program in China’s far western region of Xinjiang, and said others should follow China’s example.

Critics say China is operating internment camps for Uighurs and other Muslim peoples who live in Xinjiang, although the government calls them vocational training centers and says it has a genuine need to prevent extremist thinking and violence.

Chinese State Councillor Wang Yi said after meeting Kazakh Foreign Minister Beibut Atamkulov in Beijing that China’s de-radicalization measures in Xinjiang had been very effective, China’s Foreign Ministry said in a statement late on Thursday.

The steps had “vigorously protected local security and stability and made an important contribution to promoting regional peace and stability”, Wang said.

They also gave a “useful reference for the international community in cracking down on violent terror forces and banishing extremist thought”, he said.

“We appreciated the Kazakh government’s understanding and support for China’s position, and we will never let any person or any force damage the friendship and mutual trust between China and Kazakhstan,” Wang said.

The government of the Central Asian nation has avoided criticizing China’s Xinjiang policies but has negotiated the release of some two dozen people with dual Kazakh and Chinese citizenships detained in China.

Kazakh police this month detained a Chinese-born activist who has campaigned on behalf of ethnic Kazakhs in China.

Xinjiang is home to a sizeable Kazakh minority, some of whom have also ended up in the de-radicalization facilities, rights groups say.

China has been stepping up a push to counter growing criticism in the West and among rights groups about the program in Xinjiang, which borders Central Asia.

That has included inviting foreign diplomats and reporters to visit on well-chaperoned tours, including a Reuters reporter in January.

China has denied all accusations of rights abuses in Xinjiang and says it has a genuine need to ensure security there, where hundreds have been killed in unrest in recent years blamed by Beijing on Islamist militants and separatists.

Wang said China and Kazakhstan should strengthen their cooperation in the human rights field and ensure people do not try to “politicise” the issue, China’s Foreign Ministry said.

(Reporting by Ben Blanchard; Editing by Paul Tait)

Source: OANN

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Pompeo announces expansion of US ban on aid to groups providing abortion-related services

Secretary of State Mike Pompeo announced Tuesday that the United States is expanding its ban on giving aid to groups that either promote or provide abortions.

In his announcement on the changes to the so-called Mexico City policy, Pompeo said that the U.S. has extended the ban to include organizations that comply with the rule but give money to others that don’t – adding that the Trump administration will not allow American taxpayer money to pay for “back-door funding schemes and end runarounds to our policy.”

OHIO 'HEARTBEAT' ABORTION BAN PASSES SENATE AS GOVERNOR VOWS TO SIGN IT

“This administration has shown we can meet critical health care goals while refusing to subsidize the killing of unborn babies,” Pompeo said. “As result of my decision, we will refuse to provide support to NGOs who provide funds to other organizations that promote abortion."

Pompeo added that he is also reducing assistance to the Organization of American States for allegedly lobbying for abortion availability. It wasn’t immediately clear how much would be cut.

Critics of the policy that has been a hallmark of recent Republican administrations call it the “global gag rule.” They say it hurts reproductive and maternal health care in developing nations. Pompeo denied that and said the U.S. would continue to be a leader in such aid.

CLICK HERE TO GET THE FOX NEWS APP

The Mexico City policy was first implanted in 1984 by the Reagan administration and has since been rescinded and reinstated numerous times by various presidential administrations along party lines.

When reinstating it during his first days in office, Trump expanded part of the policy to include the majority of U.S. bilateral global health assistance, including those that fund HIV measures, maternal and child health, malaria, nutrition, and other programs.

The Assocated Press contributed to this report. 

Source: Fox News Politics

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A man looks out at a flooded residential area in Gatineau
A man looks out at a flooded residential area in Gatineau, Quebec, Canada, April 24, 2019. REUTERS/Chris Wattie

April 26, 2019

MONTREAL/OTTAWA (Reuters) – Rising waters were prompting further evacuations in central Canada on Thursday, with the mayor of the country’s capital, Ottawa, declaring a state of emergency and Quebec authorities warning that a hydroelectric dam was at risk of breaking.

Ottawa Mayor Jim Watson declared the emergency in response to rising water levels along the Ottawa River and weather forecasts that called for significant rainfall on Friday.

In a statement on Twitter, Watson asked for help from the Ontario provincial government and the country’s military.

He warned that “flood levels are currently forecasted to exceed the levels that caused significant damage to numerous properties in the city of Ottawa in 2017.”

Spring flooding had killed one person and forced more than 900 people from their homes in Canada’s Quebec province as of 1 p.m. on Thursday, according to a government website.

Ottawa has received 80 requests for service related to potential flooding such as sandbagging, a city spokeswoman said.

The prospect of more rain over the next 24 to 48 hours triggered concerns on Thursday that the hydroelectric dam at Bell Falls in the western part of Quebec could be at risk of failing because of rising water levels.

Quebec’s provincial police said 250 people were protectively removed from homes in the area as of late afternoon in case the dam on the Rouge River breaks.

The dam is now at its full flow capacity of 980 cubic meters per second of water, said Francis Labbé, a spokesman for the province’s state-owned utility, Hydro Quebec. He said Hydro Quebec expected the flow could rise to 1,200 cubic meters per second of water over the next two days.

“We have to take the worst-case scenario into consideration, since we`re already at the maximum capacity,” Labbé said by phone.

The dam is part of a power station that no longer produces electricity, but is regularly inspected by Hydro Quebec, he said.

(Reporting by Allison Lampert in Montreal and David Ljunggren and Julie Gordon in Ottawa; Editing by James Dalgleish and Peter Cooney)

Source: OANN

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FILE PHOTO: Funeral of journalist Lyra McKee in Belfast
FILE PHOTO: Pallbearers carry the coffin of journalist Lyra McKee at her funeral at St. Anne’s Cathedral in Belfast, Northern Ireland, April 24, 2019. REUTERS/Clodagh Kilcoyne/File Photo

April 26, 2019

BELFAST (Reuters) – Detectives investigating the murder of journalist Lyra McKee in Northern Ireland last week suspect the gunman who shot her dead is in his late teens as they made a further appeal to the local community who they believe know his identity.

McKee’s killing by an Irish nationalist militant during a riot in Londonderry has sparked outrage in the province where a 1998 peace deal mostly ended three decades of sectarian violence that cost the lives of some 3,600 people.

The New IRA, one of a small number of groups that oppose the peace accord, has said one of its members shot the 29-year-old reporter dead in the Creggan area of the city on Thursday when opening fire on police during a riot McKee was watching.

The killing, which followed a large car bomb in Londonderry in January that police also blamed on the New IRA, has raised fears that small marginalized militant groups are exploiting a political vacuum in the province and tensions caused by Britain’s decision to leave the European Union.

Police released footage on Friday of immediately before and after the shooting showing three men who were involved in the rioting and identified one as the gunman who they believe is in his late teens. 

“I believe that the information that can help us to bring those responsible for her murder to justice lies within the community. I need the public to tell me who he is,” Detective Superintendent Jason Murphy told reporters.

Murphy said those involved in the disorder on the night were teenagers or in their early 20s, and that about 100 people were on the ground watching the trouble as it unfolded.

He added that police believed the gun used in the attack was of a similar caliber to those used before in paramilitary type attacks in Creggan. 

“I recognize that people living in Creagan may find it’s difficult to come forward to speak to police. Today, I want to provide a personal reassurance that we are able to deal with those issues sensitively,” Murphy said, echoing similar appeals in recent days.

(Reporting by Amanda Ferguson, editing by Padraic Halpin and Toby Chopra)

Source: OANN

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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