Upcoming shows
Real News

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

MLB notebook: Tulowitzki (calf) likely to go on Yankees’ IL

MLB: Detroit Tigers at New York Yankees
Apr 1, 2019; Bronx, NY, USA; New York Yankees shortstop Troy Tulowitzki (12) throws out Detroit Tigers left fielder Mikie Mahtook (8) during the seventh inning at Yankee Stadium. Mandatory Credit: Adam Hunger-USA TODAY Sports

April 4, 2019

New York Yankees shortstop Troy Tulowitzki exited Wednesday’s game against the visiting Detroit Tigers after the third inning with a Grade 1 strain in his left calf, manager Aaron Boone said afterward.

Tulowitzki popped out in his first at-bat in the second inning and exited one inning later, as second baseman Gleyber Torres moved to shortstop to replace Tulowitzki. The Yankees said he was being taken to nearby New York Presbyterian Hospital for further tests.

Boone said the injury will “almost certainly” send Tulowitzki to the Yankees’ already crowded injured list.

Signed to a one-year free-agent contract in January following a workout for teams, Tulowitzki is 2-for-11 on the young season with a home run. The five-time All-Star shortstop was signed by the Yankees to fill the void left by Didi Gregorius, who had Tommy John surgery on his throwing shoulder in October. He is expected to be out until June or July.

–Indians manager Terry Francona signed a two-year extension to remain in Cleveland through the 2022 season.

“Simply put, Tito has been a transformational leader, who has not only impacted our major league clubhouse, but also the entire organization,” Chris Antonetti, the club’s president of baseball operations, said in a statement.

“Our relationship has been truly collaborative and we are all fortunate to have a future Hall-of-Fame manager guiding our team as we continue to pursue our ultimate goal of bringing a World Series championship to the city of Cleveland.”

Francona, 59, is in his seventh season with the Indians, who have the American League’s best record since 2013 (547-427). The Indians have four playoff appearances and three division titles in Francona’s first six seasons.

–Former Braves manager Bobby Cox remains in an Atlanta-area hospital after suffering a possible stroke and being admitted on Tuesday, according to multiple outlets.

Braves general manager Alex Anthopoulos visited Cox on Wednesday and told the MLB Network that he was “in as good a spirits as can be.”

The Braves, who have not provided any details on Cox’s condition, also released this statement Wednesday: “We know no one stronger or more determined than Bobby Cox. Our thoughts and prayers are with him as he recovers. We look forward to seeing him soon and would like to thank the baseball community for joining together to support our dear friend.”

–The Chicago Cubs and infielder David Bote have agreed to a five-year contract extension, plus two team options, the team announced.

The deal covers the 2020-24 seasons and will reportedly guarantee him just over $15 million. The option years are valued at $7 million in 2025 and $7.6 million for 2026, according to Jon Heyman of MLB Network.

Bote, who turns 26 on Sunday, was already under team control through 2024, with the new contract providing Bote security while the Cubs avoid his arbitration years and gain control on two free agent seasons.

–Cleveland Indians All-Star shortstop Francisco Lindor has been cleared to resume light baseball activities, and his sprained left ankle will be re-evaluated in seven to 10 days.

Indians president of baseball operations Chris Antonetti told reporters there was no firm timetable for Lindor’s return from the injured list.

A return by late April or early May, after a minor league rehab assignment, seems probable if he has no setbacks.

–The Yankees reinstated left-hander CC Sabathia from the MLB suspended list and moved him to the 10-day injured list as he continues his rehabilitation from offseason cardiac and knee surgeries.

To fill his roster spot, they recalled right-hander Jonathan Loaisiga from Triple-A Scranton/Wilkes-Barre. The 24-year-old started Wednesday afternoon against Detroit at Yankee Stadium, allowing one run in four innings.

Sabathia, 38, who is heading into his 19th major league season, could miss as many as two starts, pushing his season debut to the middle of April, manager Aaron Boone said previously.

–Shortstop Trea Turner was placed on the 10-day injured list by the Washington Nationals.

Turner left Tuesday’s game with a broken right index finger and could miss several weeks. To replace Turner, the Nationals recalled infielder Adrián Sanchez from Triple-A Fresno.

–Field Level Media

Source: OANN

0 0

New Zealand Caller Claims Govt Has Been Turned Over To United Nations

Super Male Vitality

Limited Advanced Release

69.95

31.47

The all new and advanced Super Male Vitality formula uses the newest extraction technology with even more powerful concentrations of various herbs and extracts designed to be even stronger.

https://www.infowars.com/wp-content/uploads/2016/02/smv-200.jpg

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

Super Male Vitality

69.95

31.47

The all new and advanced Super Male Vitality formula uses the newest extraction technology with even more powerful concentrations of various herbs and extracts designed to be even stronger.

https://www.infowars.com/wp-content/uploads/2016/02/smv-200.jpg

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

https://www.infowarsstore.com/super-male-vitality.html?ims=jftqm&utm_campaign=IW+-+SuperMale+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SuperMale-55%25off-Widget

Brain Force Plus

39.95

15.98

Flip the switch and supercharge your state of mind with the all-new Brain Force PLUS: 20% more capsules and a critically enhanced formula featuring a brand new ingredient and increased potency* – all for the same low price.

https://www.infowars.com/wp-content/uploads/2016/02/bf-300-1.jpg

https://www.infowarsstore.com/brain-force.html?ims=bnlem&utm_campaign=IW+-+Brain+Force+-STFA+-+60%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-BrainForce-60%25off-Widget

https://www.infowarsstore.com/brain-force.html?ims=bnlem&utm_campaign=IW+-+Brain+Force+-STFA+-+60%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-BrainForce-60%25off-Widget

Brain Force Plus

39.95

15.98

Flip the switch and supercharge your state of mind with the all-new Brain Force PLUS: 20% more capsules and a critically enhanced formula featuring a brand new ingredient and increased potency* – all for the same low price.

https://www.infowars.com/wp-content/uploads/2016/02/bf-300-1.jpg

https://www.infowarsstore.com/brain-force.html?ims=bnlem&utm_campaign=IW+-+Brain+Force+-STFA+-+60%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-BrainForce-60%25off-Widget

https://www.infowarsstore.com/brain-force.html?ims=bnlem&utm_campaign=IW+-+Brain+Force+-STFA+-+60%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-BrainForce-60%25off-Widget

Survival Shield X-2 – Nascent Iodine

39.95

17.95

Leading the way into the next generation of super high -quality nascent iodine, Infowars Life Survival Shield X-2 is back and available for you to purchase!

https://www.infowars.com/wp-content/uploads/2016/02/x2-200.jpg

https://www.infowarsstore.com/survival-shield-x-2-nascent-iodine.html?ims=jyedx&utm_campaign=IW+-+SSX2+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SSX2-55%25off-Widget

https://www.infowarsstore.com/survival-shield-x-2-nascent-iodine.html?ims=jyedx&utm_campaign=IW+-+SSX2+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SSX2-55%25off-Widget

Survival Shield X-2 – Nascent Iodine

39.95

17.95

Leading the way into the next generation of super high -quality nascent iodine, Infowars Life Survival Shield X-2 is back and available for you to purchase!

https://www.infowars.com/wp-content/uploads/2016/02/x2-200.jpg

https://www.infowarsstore.com/survival-shield-x-2-nascent-iodine.html?ims=jyedx&utm_campaign=IW+-+SSX2+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SSX2-55%25off-Widget

https://www.infowarsstore.com/survival-shield-x-2-nascent-iodine.html?ims=jyedx&utm_campaign=IW+-+SSX2+-STFA+-+55%25+Off+-+Widget&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=IW-STFA-SSX2-55%25off-Widget

Source: InfoWars

0 0

The Next Step in Social Security’s Ponzi Scheme

On January 30, Rep. John Larson and 200 Democratic co-sponsors introduced the Social Security 2100 Act.

Portrayed as giving retirees long-overdue benefit increases, it would actually add another step to Social Security’s long-running Ponzi scheme.

Despite Democrats’ history of rejecting that term for Social Security, it has been the biggest series of Ponzi schemes in history, redistributing tens of trillions of dollars of wealth to earlier recipients from subsequent generations.

After Social Security’s creation, those in or near retirement got benefits far exceeding their costs (Ida Mae Fuller, the first recipient, got 462 times total contributions made on her behalf). Those excess benefits inherently required that future Americans would have to pick up the tab for the difference.

Social Security has also been expanded multiple times. Each expansion meant those already retired paid no added taxes, and those near retirement paid a bit more for only a few years. But both groups received increased benefits throughout retirement, increasing the unfunded benefits whose burdens had to be borne by later generations. Thus, each such expansion started another Ponzi cycle benefiting older Americans at others’ expense.

Social Security benefits doubled between 1950 and 1952. They were raised 15 percent in 1970, 10 percent in 1971, and 20 percent in 1972, in a competition to buy the elderly vote. Benefits were tied to a measure that effectively double-counted inflation and even now, benefits are over-indexed to inflation, raising real benefit levels over time.

Disability and dependents’ benefits were added by 1960. Medicare was added in 1966, and benefits have been expanded (e.g., Medicare Part B, only one-quarter funded by recipients, and Part D’s prescription drug benefit, only one-eighth funded by recipients).

The Social Security 2100 Act would be the next episode. It would increase all retirees’ benefits (including current retirees who would pay nothing toward the boost) and increase the inflation (over)adjustment for benefits, picking future high-income earners’ pockets to pay for the vast majority of it, by taxing wage income beyond the $132,900 ceiling now in place (eventually to all wage income).

With the multiple Ponzi giveaways to recipients creating Social Security’s 13-digit unfunded liability and Medicare’s far larger one, how can the proposed law be rationalized? Without the benefit of being in the startup generation of earlier Ponzi expansions, the present generation is being forced to begin bearing some of the costs.

This was illustrated by an Urban Institute study of lifetime payroll taxes and benefits. Especially with recent expansions, Medicare, recipients were getting a great deal. In 2012 dollars, an average-wage-earning male would get $180,000 in benefits, $119,000 more than their contributions. A similarly situated female did even better. In sum, it yielded “excess” benefits of $105 trillion, with net benefits increasing over time.

However, for Social Security, whose major Ponzi expansions came further in the past, an average-earning male retiring in 2010 would make $300,000 in contributions, for only $277,000 in lifetime benefits. For women, with smaller average lifetime contributions and longer life expectancies, it was about a wash. And things are worsening. By 2030, that such men will be “shorted” 16 cents (10 cents for women) of every tax dollar paid.

Social Security is now a “bad deal” for current and future recipients precisely because the costs of its Ponzi structure are starting to be felt. But rather than admit that their “greatest accomplishment” relied on massive theft from future Americans, they want to restart the scheme, keeping restive seniors in their camp, by dumping even-greater burdens on future generations than they already have (hidden behind a flimsy cover story that high-income earners, actually big net losers from the system, would finally be forced to pay their “fair share”).

Democrats think they can finesse older Americans out of their votes for still more elections with Ponzi Security. But if other Americans recognized the dishonest ploy aimed at their wallets, they might end up in the electoral wilderness instead.

Source: InfoWars

0 0

Americans see college admissions as rigged for wealthy, oppose special treatment: poll

A new poll shows that the public views the college admissions process as institutionally rigged in favor of the privileged few and respondents overwhelmingly oppose even legal preferential treatment given to minorities, athletes or alumni families.

The findings come on the heels of the college admission scandal in which several rich families, including well-known celebrities such as actresses Lori Loughlin and Felicity Huffman, bought their kids’ way into prestigious colleges across America via a "side door."

But while the scandal exposed the illegal ways some have played the college admission system, even without the current uproar, the public believes the system generally favors the wealthy.

OLIVIA JADE TALKS 'BLESSING' OF FAMOUS PARENTS, BEING GRATEFUL FOR EDUCATION IN RESURFACED VIDEOS

Over two-thirds of people surveyed in a USA TODAY/Suffolk University Poll say college admissions favor rich people or those who are well-connected.

“If you're a millionaire, you can get your kids to the front of the class,” Robert Lynch, 62, of Selden, New York, told the pollsters.

Less than a fifth of respondents said the admission process is fair. The feeling of unfairness in the process was bipartisan, with both Democrats and Republicans agreeing the rich are being favored.

“Respondents in the poll are saying money talks, and they don't like it,” David Paleologos, director of the Suffolk Political Research Center, told USA Today. “Across all demographics, Americans find college admissions unfairly favor the wealthy and the well connected.”

But the public also indicates legal ways of getting special treatment for children in the admissions process, including opening a checkbook to the university in the form of a charitable donation, is also wrong.

JAY LENO SPEAKS OUT ON COLLEGE ADMISSIONS SCAM, CALLS IT THE ‘LEGAL DEFINITION OF WHITE PRIVILEGE’

A staggering 83 percent of those surveyed said it’s not acceptable for a university to favor applicants whose families donated money to the institution or bought a building.

Only 13 percent said it was acceptable, though they believe donations to the universities from the rich actually help make the institution more accessible to the rest of the applicants, according to the newspaper.

The majority of respondents also oppose preferential treatment given to the children of alumni or to athletes or minorities.

When it comes to affirmative action, the poll found that both white people and black people surveyed view the policy as “unacceptable,” though the margins differ, with nearly two-thirds of white respondents disapproving of the practice compared to 48 percent of black respondents who share the same view.

Only a fifth of white respondents support affirmative action, compared to 43 percent of black respondents.

CLICK HERE TO GET THE FOX NEWS APP

“That's still racism in a sense," Calvin Crawford, 18, a senior at University High School in Spokane, Washington, told the newspaper.

Source: Fox News National

0 0

Iran welcomes Luxembourg court decision on U.S. seizure of Iranian assets

FILE PHOTO: People read the victims' names of the 9/11 Empty Sky memorial at sunrise across from New York's Lower Manhattan and One World Trade Center, in Liberty State Park in Jersey City
FILE PHOTO: People read the victims' names of the 9/11 Empty Sky memorial at sunrise across from New York's Lower Manhattan and One World Trade Center, in Liberty State Park in Jersey City, New Jersey, September 11, 2015. REUTERS/Eduardo Munoz/File Photo

March 28, 2019

LONDON (Reuters) – Iran welcomed on Thursday a Luxembourg court’s decision to refuse to reinforce a U.S. ruling that would have helped families of victims of the Sept. 11, 2001 attacks claim Iranian assets held by a Luxembourg-based clearing house.

The court ruled on Wednesday that there were no grounds in international law to uphold in Luxembourg a 2012 U.S. court decision to strip Iran of sovereign immunity.

Iranian foreign ministry spokesman Bahram Qasemi said the decision showed the world still had courts that adopt independent decisions.

“The era of totalitarian and bullying behavior of America toward other countries is over and it can no longer raise such groundless accusations,” Qasemi was quoted as saying by state news agency IRNA.

The governor of Central Bank of Iran, Abdolnasser Hemmati, called the decision “an important legal victory for Iran”.

President’s deputy for legal affairs Laya Joneidi was quoted by IRNA as saying that the lawyers won the case by arguing that Sept. 11 attacks were not related to Iran.

Seven years ago, a New York court found there was evidence showing that Iran provided “material support and resources to al Qaeda for acts of terrorism”. The militant group carried out the hijacked plane attacks on New York and Washington.

That court awarded the plaintiffs damages of over $7 billion. Families of victims are seeking access to $1.6 billion of Iranian funds in Luxembourg, which were frozen as part of international sanctions over Iran’s nuclear program.

However, the Luxembourg court said the plaintiffs could not continue their legal case to seize Iranian assets in the country.

Iran has denied any links to al Qaeda or any involvement in the Sept. 11 attacks.

(Reporting by Bozorgmehr Sharafedin; Editing by Richard Borsuk)

Source: OANN

0 0

MSNBC: Trump Firing People Equates To ‘Violence’

MSNBC’s ‘national security contributor’ declared Monday that President Trump’s recent dismissal of Homeland Security Secretary Kirstjen Nielsen, as well as other officials equates to “workplace violence.”

Appearing on Deadline, Frank Figliuzzi suggested there is a “possible analogy between what we’re seeing in the president and studies of violence and acting out, particularly workplace violence.”

Figliuzzi added that Trump’s negative attitude indicates a “pathway to violence.”

“When people say to him, ‘The law or policy is such and such and we would be violating the Constitution or the law,’ and he simply dismisses it and fires people and keeps doing it, are we essentially watching a workplace violence incident play out at the highest level of our government?” Figliuzzi stated, posing the comment as a question.

“Is he acting out now and where does this go if I’m right about that?” he added.

Figliuzzi’s pseudo psycho-analysis continued as he suggested that immigration is a ‘flash point’ that sets Trump off.

“When we see people using language of despondency, lashing out, blaming others, obsessive compulsive attachment to one issue and the inability to get off it—in that case it would be the border, security on the border and immigration—the question we have to ask ourselves from a behavioral sense is: Are we watching a president essentially on his way to what we call a flash point, and are we now beginning to see him act out in the form of purging and mass firing and completely not listening to any logic?” he asked.

Or, instead of this psycho-conspiracy theory logic, could it simply be that Trump dismissed Nielsen and others because they were not doing the best job that can be done in the situation?

Isn’t it the President’s job to ensure his officials are doing the best job for the good of the country?

Figliuzzi has repeatedly suggested Trump is ‘violent’ in this sense. He previously used the analogy when commenting on Trump’s disagreements with White House aide Kellyanne Conway’s husband George Conway, who routinely verbally attacks the President on Twitter.

This is yet another classic example of leftist Trump derangement syndrome, where anything Trump says or does is immediately equated to violence, racism, or misogyny in an effort to obstruct his Presidency.

Source: InfoWars

0 0

China says US treats Latin American like its ‘backyard’

Beijing has fired back at the U.S. after Secretary of State Mike Pompeo criticized China's role in Venezuela as prolonging the crisis there.

China's foreign ministry said Monday that Pompeo's accusations were "unfounded" and "deliberately drove a wedge" between China and Latin America.

Foreign ministry spokesman Lu Kang accused the U.S. of treating Latin America like "its own backyard to pressure, threaten and even subvert political power in other countries at every turn."

Pompeo said last Friday that China's financing of Venezuelan President Nicolas Maduro's government helped "precipitate and prolong" the country's crisis.

Hyperinflation, shortages of food and medicine and other hardships have forced more than 3 million Venezuelans — about one-tenth of the population — to flee the country in the last few years.

Source: Fox News World

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

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

Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

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