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Mozambique death toll rises to 446 after cyclone: minister

A woman washes clothes in a river of water running across a road that was created after Cyclone Idai in Chimanimani
A woman washes clothes in a river of water running across a road that was created after Cyclone Idai in Chimanimani, Zimbabwe, March 24, 2019. REUTERS/Philimon Bulawayo

March 24, 2019

BEIRA (Reuters) – The death toll after a powerful cyclone in Mozambique has risen to 446 from 417, the minister of land and environment, Celso Correia, said on Sunday, adding that 531,000 people had been affected by the disaster.

Cyclone Idai lashed the Mozambican port city of Beira with winds of up to 170 kph (105 mph), then moved inland to Zimbabwe and Malawi, flattening buildings and putting the lives of millions at risk.

(Reporting by Yvonne Bell; Writing by Olivia Kumwenda-Mtambo; Editing by Alison Williams)

Source: OANN

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U.S. current account deficit hits 10-year high; firms bring back more foreign profits

FILE PHOTO: Sheets of Lincoln five dollar bill are fanned out at the Bureau of Engraving and Printing in Washington
FILE PHOTO: Sheets of former U.S. President Abraham Lincoln on the five-dollar bill currency are fanned out at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron/File Photo

March 27, 2019

WASHINGTON (Reuters) – The U.S. current account deficit increased more than expected in the fourth quarter amid declining exports, pushing the overall shortfall in 2018 to its highest level in 10 years, and U.S. companies repatriated a record amount of foreign earnings last year following the Republican tax overhaul.

The Commerce Department said on Wednesday the current account deficit, which measures the flow of goods, services and investments into and out of the country, rose 6.1 percent to $134.4 billion. The quarterly current account gap was the largest since the fourth quarter of 2008.

Data for the third quarter was revised to show the deficit rising to $126.6 billion from the previously reported $124.8 billion. Economists polled by Reuters had forecast the current account deficit rising to $130.0 billion in the fourth quarter.

The current account gap represented 2.6 percent of gross domestic product in the fourth quarter, the largest share since the second quarter of 2012. It was up from 2.5 percent in the July-September period.

The deficit increased 8.8 percent in 2018 to $488.5 billion, the highest level since 2008. For all of 2018, the current account deficit averaged 2.4 percent of GDP, the biggest share since 2012, from 2.3 percent in 2017.

The deficit on the current account has shrunk from a peak of 6.2 percent of GDP in the fourth quarter of 2005, in part because of a significant increase in the volume of oil exports.

In the fourth quarter, exports of goods fell 0.9 percent to $416.1 billion, while imports were unchanged at $649.1 billion.

Meanwhile, the flow of foreign profits repatriated by U.S. companies slowed to $85.9 billion in the fourth quarter from an upwardly revised $100.7 billion in the prior period, reflecting a diminishing impact from corporate tax overhaul that went into effect last January.

Earnings repatriation peaked at $294.7 billion in the first quarter immediately after the law took effect but has tailed off each quarter since. Even so, it remains well above pre-tax cut levels.

For the full year, foreign profits brought back to U.S. shores by American companies surged to a record $664.9 billion, more than four times the $155.1 billion logged in 2017 and more than twice the previous record in 2005.

(Reporting By Lucia Mutikani; Editing by Andrea Ricci and Dan Burns)

Source: OANN

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Israeli soldiers kill Gaza teenager during border protest

Relative of a Palestinian who was killed at the Israeli-Gaza border fence during a protest, reacts in the northern Gaza Strip
A relative of a Palestinian who was killed at the Israeli-Gaza border fence during a protest, reacts in the northern Gaza Strip April 12, 2019. REUTERS/Mohammed Salem

April 12, 2019

By Nidal al-Mughrabi

GAZA (Reuters) – Israeli troops shot dead a Palestinian teenager taking part in protests along the Gaza border on Friday, Palestinian health officials said, the first fatality since Gazans marked the one-year anniversary of the weekly demonstrations in March.

The Israeli military said about 7,400 Palestinians massed along the frontier, some throwing rocks, and that there were several attempts to approach the fence into Israel.

The Palestinian Health Ministry said a 15-year-old boy died after being shot by Israeli gunfire. An Israeli army spokesman said the troops were responding with riot dispersal means.

Tensions rose after a rocket fired from Gaza wounded seven Israelis north of Tel Aviv on March 25. Israel mounted a wave of air strikes following that attack on targets it said belonged to Hamas, the Islamist group which rules the coastal enclave.

The cross-border violence immediately played into Israel’s election campaign, which concluded earlier this week with Prime Minister Benjamin Netanyahu heading toward a record fifth term in office.

But Egyptian mediators intervened to avoid further escalation by persuading Israel to lift restrictions on the movement of goods and people in and out of Gaza and expand the breadth of Mediterranean waters where Gazans can fish.

The protesters are demanding an end to a blockade imposed on Gaza by Israel and Egypt, and want Palestinians to have the right to return to land from which their families fled or were forced to flee during Israel’s founding in 1948.

Israel rejects any such return, saying it would eliminate its Jewish majority.

More than 200 Gazans have been killed by Israeli troops since the ‘Great March of Return’ started on March 30 last year, according to Gaza health officials. An Israeli soldier was also killed by a Palestinian sniper.

Last month’s anniversary rally was smaller than expected, despite concerns that the event, during which four Palestinians were killed, would see a major escalation.

Israel seized Gaza in the 1967 Middle East War and pulled out its troops and settlers in 2005. It says its blockade is necessary to stop weapons reaching Hamas, which has fought three wars with Israel and fired thousands of rockets at it in the past decade.

Israel’s use of lethal force at the border protests has drawn censure from the United Nations and human rights groups. U.N. investigators in February said Israeli forces might be guilty of war crimes for using excessive force.

Israel says its troops have no choice because they are trying to stop militants breaching the fence and attacking Israeli communities nearby. Palestinians have also launched incendiary balloons and kites into Israel.

(Writing by Nidal al-Mughrabi and Rami Ayyub; Editing by Angus MacSwan)

Source: OANN

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UK opposition leader: I’m waiting for May to move Brexit ‘red lines’

British opposition Labour Party leader Jeremy Corbyn leaves his home in London
British opposition Labour Party leader Jeremy Corbyn leaves his home in London, Britain, April 3, 2019. REUTERS/Henry Nicholls

April 6, 2019

By Costas Pitas and Francesco Guarascio

LONDON/BUCHAREST (Reuters) – Prime Minister Theresa May has yet to move the “red lines” that have blocked a deal for Britain to leave the EU, opposition leader Jeremy Corbyn said on Saturday, after May launched talks with him in a last-ditch bid to save Brexit.

With Britain due to leave the bloc on April 12 and no sign of her minority government being able to pass a deal through parliament on its own, May turned to Labour Party leader Corbyn in recent days in the hope of securing a bi-partisan agreement.

A deal with Corbyn could be May’s last chance to deliver Brexit without either a long delay or leaving with no deal at all. But Corbyn said the prime minister had yet to show the flexibility that Labour would need to say yes.

“I’m waiting to see the red lines move,” he told the BBC. “I hope we can reach a decision in parliament this week which will prevent a crashing out.”

No talks have been arranged yet between the two sides for this weekend, a Labour source told Reuters.

May’s decision to seek an agreement with Corbyn was an astounding reversal after months of saying her plan for Brexit was the only possible course. It reflects weeks of high drama in parliament that saw May’s deal rejected by a historic majority but no agreement emerge on an alternative plan.

While both major parties have said they are committed to carrying out the results of Britain’s 2016 referendum vote to leave the EU, Labour has long demanded a softer break than May has been willing to consider.

In particular, Labour seeks a customs union with the EU after Britain leaves, which would cross one of the “red lines” May set out at the start of negotiations by preventing Britain from setting its own trade tariffs.

Many Labour lawmakers also want a second referendum on the terms of Brexit, which May says would be a fundamental threat to Britain’s democracy after the vote to leave. Her decision to open talks with Labour infuriated Brexit supporters in May’s Conservative party and divided her cabinet.

With time running out, May has asked EU leaders to postpone Britain’s exit from the bloc until June 30. The EU, which gave her a two-week extension the last time she asked, insists she must first show a viable plan to secure agreement on her thrice-rejected divorce deal in the British parliament.

EU leaders have also indicated they would be more likely to offer a longer extension of up to a year, to avoid setting a firm new deadline in a few months’ time that would cause yet another cliff-edge crisis.

HAMMOND OPTIMISTIC

Finance minister Philip Hammond told reporters in Bucharest on Saturday he was “optimistic” of reaching some form of agreement with Labour and that the government had no red lines in the talks.

Hammond said he expected more exchanges of documents on Saturday between the government and Labour in a bid to reach a deal. He also signaled optimism about next Wednesday’s EU summit, saying most EU states agreed on a need to delay Brexit.

“Most of the colleagues that I am talking to accept we will need longer to complete this process,” he said on the sidelines of a meeting of European Union finance ministers.

Britons voted in 2016 by a 52 to 48 percent margin for Brexit. The two main parties, parliament and the nation at large remain profoundly split over the terms for departure, or even over whether to leave at all.

A delay in Brexit of more than a few months would require Britain to participate in May 23 elections to the European parliament. It is a prospect May and many in her Conservative party are anxious to avoid, fearing a backlash from voters.

“Going to the EU elections for the Conservative Party, or indeed for the Labour Party, and telling our constituents why we haven’t been able to deliver Brexit I think would be an existential threat,” junior education minister Nadhim Zahawi told BBC radio on Saturday.

“I would go further and say…it would be the suicide note of the Conservative Party.”

(Editing by Peter Graff)

Source: OANN

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Formula One and FIA present 2021 rules package to teams

FILE PHOTO: FIA President Todt listens during a news conference in St. Petersburg
FILE PHOTO: FIA President Jean Todt listens during a news conference in St. Petersburg, Russia December 7, 2018. REUTERS/Anton Vaganov

March 26, 2019

By Alan Baldwin

LONDON (Reuters) – Formula One and the governing FIA presented teams with a detailed post-2021 vision for the sport at a meeting in London on Tuesday.

The sport’s current commercial agreements expire at the end of 2020 and U.S.-based commercial rights holders Liberty Media want to create a more level playing field and more competitive racing.

The global package presented put flesh on the bones of a presentation to teams and other stakeholders in Bahrain a year ago, and also provided reassurance that Liberty have not been standing still in the meantime.

It includes thorny subjects such as a cost cap and redistribution of revenues as well as changes to the sporting and technical regulations, power unit rules and sporting governance.

“The day opened with a meeting of the Strategy Group and was followed by a meeting of the F1 Commission,” the Formula One website said.

A Formula One source said there was no vote on the 2021 regulations and none had been planned. Teams are racing in Bahrain this weekend, the second round of the 21 race championship.

FIA President Jean Todt told reporters earlier this month that engine regulations had already been sent to the teams while the cost control initiative was “quite well advanced”.

The Strategy Group includes six teams as voting members — Mercedes, Ferrari, Red Bull, McLaren, Williams and Renault — but the remaining four were able to attend on Tuesday as observers.

The FIA’s Formula One commission includes all the teams as well as race promoter and sponsor representatives.

Formula One chairman Chase Carey said at the season-opening race in Australia that he expected plenty of debate in the weeks and months to come.

“There are 10 different views on the details. It is not unique in the world to try to find compromises,” Carey said at the time.

Mercedes, Ferrari and Red Bull, the three top teams, have expressed concerns about the cost cap while Ferrari are also reluctant to see their special historical privileges watered down and their share of the revenues reduced.

(Reporting by Alan Baldwin, editing by Toby Davis)

Source: OANN

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Hate Crime Hoaxes Outnumber Actual Hate Crimes

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Source: InfoWars

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Turkey criticizes U.S. readout of foreign ministers’ meeting

FILE PHOTO: Turkish Foreign Minister Mevlut Cavusoglu attends a news conference in Ankara
FILE PHOTO: Turkish Foreign Minister Mevlut Cavusoglu attends a news conference in Ankara, Turkey, April 1, 2019. REUTERS/Umit Bektas/File Photo

April 4, 2019

ANKARA (Reuters) – Turkey’s foreign minister on Thursday criticized a statement from the U.S. State Department about his meeting with his U.S. counterpart, saying references to Syria and detained U.S. consular staff did not reflect the truth.

Turkey and the United States have been at loggerheads over a host of issues, including differences over policy in Syria, the fate of detained U.S. consular staff in Turkey over terror links, and Turkey’s purchase of Russian missile defense systems.

Speaking after a strongly worded statement by his ministry, Foreign Minister Mevlut Cavusoglu said he was “really surprised” by the U.S. readout of his meeting with Secretary of State Mike Pompeo, which he said had been prepared ahead of their meeting.

“Whether you look at the tone of the statement or the sentences it claimed Pompeo told us, we see it doesn’t reflect the truth,” Cavusoglu told reporters in the United States.

Turkey’s Foreign Ministry earlier slammed the U.S. statement, saying it failed to reflect the content of the meeting and contained issues that were not discussed.

“Our alliance naturally requires that such statements are prepared with greater care, while avoiding to include matters that were not raised during meetings,” Foreign Ministry spokesman Hami Aksoy said.

Earlier, the U.S. State Department’s deputy spokesman, Robert Palladino, said Pompeo had warned Cavusoglu about the “potentially devastating consequences of Turkish military action” in Syria and called for the resolution to the cases of the “unjustly detained U.S. citizens” in Turkey.

However, Cavusoglu appeared to play down the dispute over the conflicting statements. “For some reason, our friends leave us foreign ministers in tough positions by making such statements,” he said.

Asked about the dispute over the statement, Pompeo said he stood by the U.S. State Department’s readout of his meeting with Cavusoglu.

“I saw the comments by my Turkish counterpart. I reread the readout of our meeting – spot on. Stand by every word of it,” Pompeo said during a news conference following a meeting of the North Atlantic Treaty Organization foreign ministers in Washington.

(Reporting by Tuvan Gumrukcu; editing by Leslie Adler and Susan Thomas)

Source: OANN

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

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FILE PHOTO: Ford logo is seen at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

April 26, 2019

(Reuters) – Ford Motor Co said on Friday the U.S. Department of Justice had opened a criminal investigation into the automaker’s emissions certification process in the United States.

The potential concern does not involve the use of defeat devices, the company said in a regulatory filing. (https://bit.ly/2VqjHpl)

Ford had voluntarily disclosed the matter to the U.S. Environmental Protection Agency and the California Air Resources Board in February.

(Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

Source: OANN

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Hundreds of Cuban migrants are reported to be on the run Friday in Mexico after a crowd of more than 1,000 burst out of a troubled immigration detention center on its southern border.

Mexico’s National Immigration Institute said the mass escape Thursday in Tapachula – which the Associated Press called the largest in recent memory — involved around 1,300 Cuban migrants, although 700 of them have since returned voluntarily.

The migrants reportedly streamed out of the compound without any resistance, as the institute said its agents weren’t armed and “there was no confrontation.”

Federal police with riot shields later rushed in to control the situation, as a crowd of angry Cubans whose relatives were being held at the facility gathered outside. The Cubans claimed their relatives reported overcrowding and unsanitary conditions at the facility.

A Federal Police officer stands guard outside an immigration detention center in Tapachula, Chiapas state, Mexico, late Thursday, following a breakout.

A Federal Police officer stands guard outside an immigration detention center in Tapachula, Chiapas state, Mexico, late Thursday, following a breakout. (AP)

BORDER PATROL UNION CHIEF BLASTS CONGRESS OVER MIGRANT CARAVANS: ‘WHAT ARE YOU DOING ABOUT IT’?

“My wife and child have been in there for 27 days in bad conditions,” said Usmoni Velazquez Vallejo, as he waited outside for news. “There is overcrowding, insufficient food and there isn’t even medicine for them.”

Another Cuban detainee told the AFP: “We have many there… we are very tight, we sleep on the floor.”

It’s the third time since October that migrants at the facility staged an uprising, according to the news agency.

The center’s holding capacity is officially listed at less than 1,000 people, but the escape of 1,300 meant it was probably at least at double its capacity, since not everyone being held there escaped. Residents in the area said that sometimes the facility has held as many as 3,000 people, and a Mexican newspaper cited by Reuters said Haitians and Central Americans also are among the large group who still have not been tracked down.

Migrants wait for their transfer from an immigration detention center in Tapachula, Chiapas state, Mexico, on Thursday.

Migrants wait for their transfer from an immigration detention center in Tapachula, Chiapas state, Mexico, on Thursday. (AP)

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Earlier in the day, Mexico’s top human rights official toured the facility.

Elsewhere in the country, a new caravan estimated to contain up to 10,000 migrants is making its way to the U.S.-Mexico border.

The Associated Press contributed to this report.

Source: Fox News World

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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The Washington Post’s media critic went into meltdown after White House Press Secretary Sarah Sanders held a mock press briefing for the children of White House journalists and employees on Take Your Daughters and Sons to Work Day.

Erik Wemple, the newspaper’s chief media critic, slammed Sanders and the White House for organizing a fun day on Thursday for junior would-be journalists, while not holding an actual press conference for the record number of days.

WHITE HOUSE STAFF TO SKIP CORRESPONDENTS’ DINNER AFTER LAST YEAR’S CONTROVERSY

Wemple wrote that Sanders gave to children an important lesson of “the centrality of nonaccountability mechanisms in the affairs of state” after she announced that the mock press briefing was “off the record.”

“When the children head home tonight, perhaps they can pull up archival footage to see how their questions stack up against ye olde press briefings,” he added.

“Accordingly, Sanders was doing more than just providing a fun interlude for the kids; she was headlining a reenactment, anchoring a bona fide historical site.”

— Erik Wemple

“Tuesday, after all, marked a record for number of days without a White House press briefing. Accordingly, Sanders was doing more than just providing a fun interlude for the kids; she was headlining a reenactment, anchoring a bona fide historical site.”

While some correspondents praised the White House for doing “a lot of work to welcome the children and provide “them an excellent experience,” other journalists echoed Wemple’s criticism and pointed out that Sanders hasn’t held a press briefing in over 40 days.

“Kids of WH Press Corps members are getting ready for a briefing with  @PressSec. Their parents have not had one in 45 days,” tweeted CBS News’ White House Correspondent Weijia Jiang.

REPORTER SHOUTS AT SARAH SANDERS AFTER BRIEFING: ‘DO YOUR JOB, SARAH!’

“The irony of it is that they’re pretending that the White House press briefing is a thing, and they’re pretending that this is how the White House operates, but this is not at all how the White House operates … It’s a relic of an earlier time,” another correspondent quoted by the Post said.

“The irony of it is that they’re pretending that the White House press briefing is a thing, and they’re pretending that this is how the White House operates, but this is not at all how the White House operates … It’s a relic of an earlier time.”

— a White HOuse Correspondent

The Post struck a different tune in a column earlier this year, which declared that despite the administration’s criticism of the media, President Trump was “extremely accessible.”

Wemple quoted Martha Joynt Kumar, director of the White House Transition Project, who said that Trump held 338 “short question-and-answer” sessions over his time in office, significantly more than 75 such sessions by former President Barack Obama during his first full two years in office.

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In terms of total instances of access to the media, which include interviews, short sessions, and news conferences, Trump was accessible least 577 times in his first two years in office.

Source: Fox News Politics

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