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

Canada's no-sex, no-money scandal could topple Trudeau

There's no money, no sex and nothing illegal happened. This is what passes for a scandal in Canada.

U.S. President Donald Trump has been engulfed in allegations involving possible collusion with Russia and secret payments to buy the silence of a porn star. Canadian Prime Minister Justin Trudeau is facing a controversy that seems trivial by comparison, but it could topple him in elections later this year.

Two high-profile women ministers in Trudeau's Cabinet, including Canada's first indigenous justice minister, resigned in protest, and his top aide and best friend quit too.

The former justice minister and attorney general, Jody Wilson-Raybould, says Trudeau and senior members of his government pressured her in a case involving a major Canadian engineering company accused of corruption related to its business dealings in Libya. Trudeau reportedly leaned on the attorney general to instruct prosecutors to reach the equivalent of plea deal, which would avoid a criminal prosecution of SNC-Lavalin, because he felt that jobs were at stake.

"People south of the border would be astonished to think that this is the type of scandal that they have in Canada," said Eddie Goldenberg, a former adviser to former Prime Minister Jean Chretien.

Many countries would be jealous of a scandal that went no further than a prime minster asking another minister to do something she is legally entitled to do, Goldenberg said.

"I just don't really see it as a scandal," he said. "There is a political correctness here. Nobody wants to go after an indigenous woman minister. It's become politically incorrect to question the former minister."

Trudeau has said he asked Wilson-Raybould to revisit her decision not to instruct prosecutors and said she agreed to consider that. He denied applying any inappropriate pressure, saying he and his officials were only pointing out that prosecution could endanger thousands of jobs.

SNC-Lavalin has pleaded not guilty to fraud and corruption charges related to allegations it paid about $35 million (CA$47 million) in bribes to public officials in Libya between 2001 and 2011.

"It's a pseudo-scandal. It's crap. What the hell? You are doing business in Libya and you are not bribing?" said Robert Bothwell, a professor of Canadian history and international relations at the University of Toronto. "It does suggest to me that the director of public prosecutions ... is also nuts. And so is Wilson-Raybould. These people are delusional."

Wilson-Raybould was demoted from her role as attorney general and justice minister in January as part of a Cabinet shuffle by Trudeau. She has testified that she believes she lost the justice job because she did not give in to "sustained" pressure to instruct the director of public prosecutions to negotiate a remediation agreement with SNC-Lavalin.

That solution would have avoided a potential criminal conviction that would bar the company from receiving any federal government business for a decade. The company is a major employer in Quebec, Trudeau's home province. It has about 9,000 employees in Canada and more than 50,000 worldwide.

The company publicly led the lobbying charge for a law that allows for deferred prosecution agreements as a way to resolve the criminal charges it faces. The new attorney general has not ruled out approving a settlement.

Wilson-Raybould has said herself that the pressure from Trudeau and others was not illegal and that she was not explicitly instructed to do a remediation agreement.

Gerald Butts, Trudeau's former principal secretary and best friend who resigned, said nothing inappropriate was alleged until after Wilson-Raybould left the Cabinet, suggesting she felt sour grapes about losing her dream job.

Opposition Conservative Andrew Scheer leader has demanded that Trudeau resign, saying he tried to interfere in a criminal prosecution. Canadian media have covered the story as intensely as American networks have covered Trump, noted Nelson Wiseman, a professor at the University of Toronto.

"Trudeau would not be able to get away with what Trump does because the political cultures and the state of political polarization of the two countries are still quite different," Wiseman said.

The differences among Canadian media outlets, for example, are "relatively narrow compared to the chasms between Fox and MSNBC or CNN. The American media are reporting on two different worlds. The Canadian media are reporting on the same Wilson-Raybould-Trudeau story," Wiseman added.

Daniel Beland, a politics professor at McGill University in Montreal, said Trudeau has framed himself differently than Trump. Trump said sympathetic things about Russia during the campaign and was elected despite that and other controversies, giving him "the sense that he can do anything and his base will still follow him."

Trudeau, meanwhile, promised transparency while describing himself as a feminist who was also determined to right the wrongs against Canada's indigenous people. Women make up half of his cabinet.

"He depicted himself as a feminist, as someone who believes in indigenous reconciliation, and then you have two of his top female Cabinet ministers resign, and they are depicting him in a very different light," Beland said.

Trudeau said he tried to foster an environment where his lawmakers can come to him with concerns, but one of his female Liberal party colleagues, Celina Caesar-Chavannes, took issue with that, tweeting, "I did come to you recently. Twice. Remember your reactions?"

"When you add women, please do not expect the status quo. Expect us to make correct decisions, stand for what is right and exit when values are compromised," she also tweeted.

Caesar-Chavannes, who is not running for re-election, has issued messages of support for Wilson-Raybould and Jane Philpott, a respected Cabinet minister who said she lost confidence in how the government has handled the affair.

"It is a fundamental doctrine of the rule of law that our Attorney General should not be subjected to political pressure or interference regarding the exercise of her prosecutorial discretion in criminal cases," Philpott wrote in the resignation letter to Trudeau.

Other Liberal lawmakers have expressed confidence in Trudeau. The federal election is in October.

Antonia Maioni, McGill University's dean of arts, said citizens of every democracy will look at the Trump scandals and say everything else is small potatoes.

But, she added, "I'm not sure Trump is a good reference point here. Leaders fall in parliamentary systems for many other reasons beyond personal scandal."

Source: Fox News World

0 0

DNA from coffee cup leads to arrest in Washington state 1972 cold case, cops say

Authorities in Washington state said a 1972 rape and homicide cold case is one step closer to being solved after DNA evidence from a coffee cup led to the arrest of a suspect on Wednesday.

Terrence Miller, 77, was arrested in his Snohomish County home around 10:30 a.m. and charged with first-degree murder for the August 1972 rape and killing of 20-year-old Jody Loomis, police said in a press release.

Loomis had been riding her bike through a wooded area in present-day Mill Creek Road when she was raped and shot in the head, police said. A couple found her alive less than an hour later but she died on the way to the hospital.

CALIFORNIA SEEKS DEATH PENALTY IN ‘GOLDEN STATE KILLER’ CASE

Authorities said Miller became a suspect after DNA evidence was uploaded to a public genetic genealogy website. Snohomish County investigations captain Rob Palmer told The Seattle Times that DNA collected from Miller’s cup matches semen that was collected at the 1972 crime scene.

Police said the genetic genealogy was the same technique that had led to the arrest of the “Golden State Killer” and a suspect in the murderer of a Canadian couple near Seattle in 1987.

GET THE FOX NEWS APP

Miller is being held at Snohomish County Jail on $1 million bail. He has reportedly refused to discuss the case. According to charging documents cited by The Times, Miller has been accused of multiple sex crimes since the 1960s.

Source: Fox News National

0 0

German SPD chief wants to extend arms export halt to Saudi

German Social Democratic Party (SPD) leader Nahles delivers a statement following the Hesse state election, in Berlin
FILE PHOTO: German Social Democratic Party (SPD) leader Andrea Nahles delivers a statement following the Hesse state election, in Berlin, Germany, October 29, 2018. REUTERS/Hannibal Hanschke

March 19, 2019

BERLIN (Reuters) – The leader of Germany’s Social Democrats (SPD), junior partners in conservative Angela Merkel’s coalition, wants to extend a freeze on arms exports to Saudi Arabia imposed after the killing of Saudi journalist Jamal Khashoggi, she said on Tuesday.

“I will speak out for and propose to my parliamentary party that there is an extension of the stop, the moratorium, for another six months,” SPD leader Andrea Nahles said before a party meeting.

(Reporting by Andreas Rinke; Writing by Madeline Chambers; Editing by Michelle Martin)

Source: OANN

0 0

Venezuela bars Guaido from holding public office for 15 years

Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, takes part in a meeting regarding the condition of the water and electricity systems in Caracas
Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, takes part in a meeting regarding the condition of the water and electricity systems in Caracas, Venezuela, Venezuela, March 28, 2019. REUTERS/Manaure Quintero

March 28, 2019

CARACAS (Reuters) – Venezuelan opposition leader Juan Guaido is to be barred from holding public office for 15 years, the maximum punishment allowable by law, state comptroller Elvis Amoroso said on Thursday.

Amoroso said Guaido, the head of the opposition-controlled National Assembly who invoked the constitution to assume an interim presidency in January, had inconsistencies in his personal financial disclosures and a spending record that did not match his level of income.

(Reporting by Caracas newsroom; Writing by Luc Cohen, Editing by Rosalba O’Brien)

Source: OANN

0 0

2020 Dems Pledge to Rejoin Iran Nuclear Agreement

Several candidates for the Democratic nomination for president in 2020 have vowed to reenter the nuclear agreement with Iran that President Donald Trump withdrew the U.S. from last year.

The candidates, including Sens. Bernie Sanders, I-Vt., Elizabeth Warren, D-Mass., and Kamala Harris, D-Calif., as well as less-known contenders like Florida mayor Wayne Messam and spiritual teacher Marianne Williamson, all told Al-Monitor that they will seek to rejoin the agreement if elected.

A spokesperson for Warren said that “as long as Iran continues to abide by the terms of the deal, she would return to it as president in order to prevent Iran from obtaining a nuclear weapon.”

A Sanders aide said that, “as president, Sen. Sanders would rejoin the JCPOA and would also be prepared to talk to Iran on a range of other issues, which is what Trump should’ve done instead of simply walking away. Rejoining the JCPOA would mean meeting the United States’ commitments under the agreement, and that includes sanctions relief.”

Harris’ spokesperson said that the senator “would rejoin the Iran deal if the US could verify Iran is not cheating and is complying with the strict requirements detailed in the agreement.”

However, other Democrats like Sens. Cory Booker, of New Jersey, Amy Klobuchar of Minnesota and Kirsten Gillibrand of New York, Hawaii Rep. Tulsi Gabbard and former Texas Rep. Beto O’Rourke failed to respond to Al-Monitor’s question.

Source: NewsMax Politics

0 0

Kansas elementary school secretary killed, husband charged after found with self-inflicted wounds, police say

A Kansas man with possibly self-inflicted wounds was arrested Monday after his wife was found dead, officials said.

Damien Shields, 42, was taken into custody for allegedly killing Lori Shields, 38, the Kansas Bureau of Investigation (KBI) said in a news release.

ARRESTS ANNOUNCED IN MURDER-FOR-HIRE PLOT THAT OFFICIALS SAY KILLED WRONG PERSON

His arrest came after he was released from a medical center in Cape Girardeau, Missouri, where he was hospitalized on Sunday.

The bureau said that just before 4 p.m. on Sunday, they discovered Lori Shields dead at a home in Norton after the local sheriff's office "received information" that a woman was deceased at the residence.

Officials said that a suspect was identified and both the KBI and Norton County Sheriff's Office tried to find him.

Damien Shields, 42, was arrested for the first-degree murder of his wife, Lori Shields, investigators said.

Damien Shields, 42, was arrested for the first-degree murder of his wife, Lori Shields, investigators said. (Douglas County Sheriff’s Office)

Hours later, at 2:40 a.m. Monday morning, police in Cape Girardeau, Missouri responded to a report about someone "calling out for help from a hotel room." Investigators said that the man in the hotel room was Damien Shields, who was discovered with "injuries that were likely self-inflicted."

CLICK HERE TO GET THE FOX NEWS APP

He was later arrested for first-degree murder in his wife's death, and booked at the Cape Girardeau County Jail, according to officials.

Lori Shields was a secretary at Eisenhower Elementary School in Norton. Classes in the school district were called off Monday in response to her death.

The Associated Press contributed to this report.

Source: Fox News National

0 0

Tokyo prosecutors readying new case against Ghosn over Oman payments: report

FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer's office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato/File Photo

April 3, 2019

TOKYO (Reuters) – Tokyo prosecutors are preparing to build a fresh case against ousted Nissan Motor Co Ltd chairman Carlos Ghosn over suspect payments the automaker made to a business partner in Oman, Japan’s Yomiuri newspaper reported on Wednesday.

Tokyo prosecutors are in discussions with the Supreme Public Prosecutors Office and others and plan to make a decision soon on whether to prosecute Ghosn on further charges of aggravated breach of trust, the newspaper said, citing sources involved in the case.

A spokesman at the Tokyo prosecutors’ office was not immediately able to comment when contacted by Reuters.

Ghosn’s spokesman has previously said payments of $32 million made over nine years were rewards for the Oman firm being a top Nissan dealer. Such dealer incentives were not directed by Ghosn and the funds were not used to pay any personal debt, the spokesman said.

Ghosn was arrested in Tokyo in November and faces charges of financial misconduct and aggravated breach of trust over allegedly failing to report around $82 million in salary and for temporarily transferring personal financial losses onto Nissan’s books during the financial crisis.

Ghosn, who previously headed the Renault-Nissan alliance, denies the charges. He was released on bail last month as he awaits trial.

Sources told Reuters earlier this week that Renault SA had alerted French prosecutors after uncovering suspect payments to a Renault-Nissan business partner in Oman while Ghosn was chief executive of the French automaker.

Nissan had previously established that its own regional subsidiary had made questionable payments of more than $30 million to the Oman distributor, Suhail Bahwan Automobiles (SBA).

Evidence sent to French prosecutors late last week showed that much of the cash was subsequently channeled to a Lebanese company controlled by Ghosn associates, the sources said.

Reuters has not been able to reach SBA for comment on the matter.

(Reporting by Chang-Ran Kim, Kaori Kaneko and Tim Kelly; Editing by Christopher Cushing)

Source: OANN

NOW ON AIR
Now On Air

Real News with David Knight

9:00 am 12:00 pm



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!
U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said trade talks with China are going very well, as the world’s two largest economies seek to end talks with a trade agreement to defuse tensions.

Trump said on Thursday he would soon host China’s President Xi Jinping at the White House.

Earlier this week, the White House said that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer would travel to Beijing for more talks on a trade dispute marked by tit-for-tat tariffs between the two countries.

(Reporting by Jeff Mason; 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!
U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday praised Russian President Vladimir Putin’s comments on North Korea this week following the Russian leader’s summit with Pyongyang’s Kim Jong Un.

Speaking to reporters at the White House, Trump also said China was helping with efforts aimed at the denuclearization of North Korea.

(Reporting by Jeff Mason and Makini Brice; Writing by Susan Heavey; Editing by Chizu Nomiyama)

Source: OANN

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