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Nevada seeks to become eighth state to allow physician-assisted suicide

LAS VEGAS -- Donald Strait’s wife, Caren, died last summer after a nearly four-year-long battle with cancer, but he said he’s still fighting on her behalf.

“I'm not certain if she died of starvation, malnutrition or if she died of dehydration – lack of water,” Straight, a resident of Nevada, told Fox News. “But either way she would have much rather have been able to just simply take a pill or several pills, or whatever it takes and just be able to end it.”

Straight is referring to the Death with Dignity laws, which in seven states plus the District of Columbia allow physicians to prescribe life-ending medication to terminally ill patients.

Oregon, Washington, Vermont, Hawaii, Colorado, California and Washington D.C. all have assisted dying statutes, in addition to Montana, which became legal after a state Supreme Court ruling in 2009.

Don Strait said hopes to see Senate Bill 165 pass so terminally ill patients don't suffer like his wife, who died last summer of adnominal cancer.

Don Strait said hopes to see Senate Bill 165 pass so terminally ill patients don't suffer like his wife, who died last summer of adnominal cancer.

Nevada is the latest state seeking to allow physician-assisted dying, which is also referred to as “Death with Dignity” or “Medical Aid in Dying,” after a bill was introduced in the legislature earlier this month.  

“Unfortunately, because of the way the laws were written here in this state she was forced to just lay in a bed and slowly waste away,” Straight said about his wife, who was hoping to make the trek to Washington to obtain the necessary prescription to end her life, but was too weak to travel in her final days suffering from Carcinomatosis – a form of abdominal cancer.

NJ CLEARS 1ST HURDLE TO MAKE ASSISTED SUICIDE LEGAL; OPPOSITION CALLS HEARING A 'CHARADE'

Caren eventually became unable to eat and requested no further food or liquids. It took 12 days for her to die, Donald said.

Death with dignity bills have faced strong opposition from Catholic groups, which equate them to suicide. The groups say the bill lack safeguards to protect against abuse.

“Legalizing suicide is not a solution. In the face of these challenges, we should support and accompany our loved ones with genuine compassion, not with the false compassion of assisted suicide,” said Las Vegas Bishop George Leo Thomas said.

The bills have also been questioned by some in the medical community who say it puts “too much power” in the hands of doctors.

“The choice all sounds wonderful until you start to think about that it’s going to become a burden, it’s going to become the duty to do this instead of a choice,” Dr. Kirk Bronander, a medical professor and Nevada director of the American Academy of Medical Ethics. “It’ll be a duty because families may be pushing you to do this, it may be a duty because the insurance companies are pushing you to do this.”

He warns against medical professionals taking the decision lightly.

“It does not take great skill to kill the patient,” he said, “it takes great skill to hold their hand and give them proper end of life care.”

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Nevada Democratic State Sen. David Parks, a primary sponsor of the bill in his state, said the legislation hits home in a personal way as he “made a promise some years ago to a lady who was a co-worker and she ended up succumbing to bladder cancer.”

“She said to me at one point if I was healthy enough I’d move to Oregon, and that was when Oregon was the only state that offered the Death with Dignity legislation,” Parks said, adding that she begged him to introduce a similar bill in Nevada.

NEW MEXICO ABORTION BILL CALLED 'MOST EXTREME IN THE NATION'

According to data from the Oregon Health Authority, of the 168 Death With Dignity Act deaths in 2018, the top four end-of-life concerns included losing autonomy, less able to engage in activities, loss of dignity and being a burden on family, friends/caregivers.

While losing autonomy and being less able to engage in activities was a concern for roughly 95 percent of the patients, loss of dignity and being a burden represented 79 percent and 64 percent, respectively.

Oregon’s Death with Dignity law passed in 1997, with a total of 2,217 prescriptions written under the law and 1,459 people actually having died from ingesting the pills, the data showed.

Dr. Thomas Hunt, a professor at Roseman University of Health Sciences, believes the bill has the proper safeguards in place – including being diagnosed with a terminal condition with six months or less to live, being diagnosed by two separate physicians, submitting two written requests and verbal request and the patient has to be deemed competent.

Hunt sees the controversial topic as a personal choice issue.

“If a patient feels that this is in their best interest and they feel like they have they want control over those last days weeks or maybe even a couple of months I think they should have that,” he said.

Ashley Cardenas, police and programs director for Compassion and Choices, an organization that educates the public about end-of-life care, said the “in more than 40 years of combined experience, we've never had an incident that has been substantiated for coercion or abuse or insurance fraud."

Nevada lawmakers heard the bill on Monday in Carson City. It will now head to a working group for discussion before a vote is taken up on the floor.

Source: Fox News National

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For EU, Brexit has trashed May's 'strong and stable' image

Prime Minister Theresa May used to promise "strong and stable" government. Fellow EU leaders used to believe her.

But then came almost three years of Brexit missteps and mayhem. For the EU, Britain's 2016 vote to leave was a shock; what has happened since has left the reputation of Britain's prime minister, and the country's political institutions, badly tarnished.

May triggered the formal two-year countdown to Brexit while Britain was still divided over departure terms. Then she called a snap election to strengthen her bargaining hand — and lost her majority in Parliament.

Since then, Brexit has become gridlocked, with May too weak to push through her plans and lawmakers too divided to force an alternate course.

Leaders across Europe have watched with surprise, dismay and mounting frustration as Britain's widely respected institutions — a 1,000-year-old Parliament, an electoral system built to supply stable majority governments — failed repeatedly to make crucial decisions while the clock ticked down.

"The patience slowly, slowly is running out," one EU official said at this week's Brussels summit as the bloc's leaders — without May — debated whether to step in to prevent Britain crashing out of the bloc on its scheduled March 29 departure date.

In response to May's request for a three-month delay, the bloc offered a short two-step extension, with a deadline of April 12 for Britain to choose between May's deal, no deal, a long delay or no Brexit at all.

EU leaders said they had stepped in where Britain had failed, to avert the chaos of a messy Brexit next week.

"The European Union has, very clearly, been faced today with a British political crisis," French President Emmanuel Macron said as he left the talks early Friday. "British politicians are incapable of implementing what the people asked them.

"It's a real political and democratic crisis. But this crisis is British. In no way must we (the EU-27) become stuck in this situation."

Newspapers in Britain and the EU were united in seeing the EU's offer as proof Britain had lost control of its Brexit destiny.

"EU takes control of Brexit as May is sidelined," said the front page of the U.K.'s Daily Telegraph. Spain's El Pais said the EU had given May a "20-day ultimatum." France's Le Figaro said the bloc's "confidence in Theresa May has evaporated," while Liberation summarized the mood of EU participants at the summit as "irritation, tiredness and a clear sense of being fed-up."

Some European politicians lay blame for the crisis squarely on May, a politician whose strengths — tenacity, stamina, a remarkable ability to keep plowing on in the face of opposition — have become weaknesses.

When May addressed EU leaders at the summit on Thursday, many were frustrated that she would not reveal a "Plan B" if her twice-rejected divorce deal was thrown out by Parliament again. They were downright alarmed by the impression that she would opt for a "no-deal" Brexit rather than accept a long delay.

"When she was asked what happens if you can't get the deal through next week, the answer was basically, 'I don't know,'" Philippe Lamberts, a Belgian member of the European Parliament, told the BBC. "And that is of course scary."

Giving Britain's Parliament a few more weeks to decide on Brexit offers lawmakers the chance to take control out of May's hands — if they can agree on a course of action. Many pro-EU lawmakers favor a long delay followed by a soft Brexit or remaining in the EU.

Either of those options would likely lead to May's departure — either voluntarily or under pressure from an exasperated Conservative Party.

EU leaders know better than anyone the burden of leading a government. For some, frustration over Brexit is tempered by sympathy and respect.

Dutch Prime Minister Mark Rutte recently compared May to the Black Knight in "Monty Python and the Holy Grail," who loses limb after limb in battle but fights on, insisting "it's only a flesh wound."

Rutte said he had not meant it as an insult.

"Her tenacity is enormous," Rutte said at the summit. "I can only with the highest admiration and astonishment look how she is doing this."

___

Follow AP's full coverage of Brexit at: https://www.apnews.com/Brexit

Source: Fox News World

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At 94, Mormon president proves himself open to change

At 94, the president of The Church of Jesus Christ of Latter-day Saints has proved a far more vigorous and transformative figure than scholars expected when he took office a year ago, pushing through a flurry of surprising changes on such matters as gay members and the name of the faith.

Russell M. Nelson made his biggest move yet Thursday when he rescinded rules banning baptisms for children of gay parents and branding same-sex couples apostates subject to excommunication. Those 2015 policies had generated widespread backlash.

He has also launched a campaign calling on people to stop using the shorthand names "Mormon" and "LDS," severed the faith's ties with the Boy Scouts of America after a century, shortened Sunday worship by an hour and revised a sacred temple ceremony to give women a more prominent role.

His vigor has surprised many scholars and church members who thought he would be more of a caretaker after becoming the second-oldest man to lead the faith, said Matthew Bowman, an associate professor of history at Henderson State University in Arkadelphia, Arkansas.

"He has been a more transformative president than anybody expected he would be," Bowman said. "He has an expansive agenda."

As members gather Saturday for a twice-annual conference in Salt Lake City, they are bracing for more changes by the former heart surgeon who leads the Utah-based faith with 16 million adherents worldwide.

"Nelson has made it appointment viewing for people," said Brandt Malone, a church member from Detroit who hosts the Mormon News Report podcast.

Nelson's visibility and vibrancy set him apart from his predecessor, Thomas S. Monson, who kept a low profile and was in failing health for part of his presidency. Church presidents serve for life, and Monson died in January 2018 after leading the faith for nearly a decade.

Since ascending to the post, Nelson has given speeches to tens of thousands at stadiums in Seattle and Phoenix and visited 15 countries. He met with Pope Francis at the Vatican in March in what the church called the first meeting between a pope and a president of the faith.

Nelson hasn't altered church doctrine but has approved changes that scholars say seem designed to improve the religious experience for an increasingly global membership.

Nelson's energy and swift changes serve to distract members and outsiders from criticism about stagnated membership growth, crises of faith and the secondary role of women in the religion, said Patrick Mason, a religion professor at Claremont Graduate University in California.

"The best way to deal with your problems is to have a really positive, proactive agenda," Mason said.

Nelson's tenure has been marked by "an unusual degree of change in an otherwise very cautious institution," said Kathleen Flake, a professor of Mormon studies at the University of Virginia.

"He has both the confidence and the temperament to act decisively. As a surgeon, I think he's used to taking charge," Flake said. "But I think he's been very clear that he would not have done any of this if he didn't feel catalyzed by his spiritual authority."

Nelson has also been uncommonly open about the church's belief that presidents are living prophets who receive revelations from God. That, too, has set him apart from most of his predecessors, scholars say.

The church said Nelson and other leaders engaged in "fervent, united prayer to understand the will of the Lord" before reversing the LGBTQ policies. But it said the church still opposes gay marriage and considers same-sex relationships a "serious transgression."

In explaining his decision to urge people to stop using nicknames for the faith, Nelson said that the Lord impressed upon him the importance of the full name and that leaving it out was "a major victory for Satan."

He then changed the name of the world-renowned Mormon Tabernacle Choir to the Tabernacle Choir at Temple Square and renamed church websites, social media accounts and employee email addresses to strip out "Mormon" and "LDS."

Mason said Nelson's embrace of revelation has energized many church members who consider the president to be a modern-day Moses or Peter.

To others, it raises eyebrows and can be seen as awkward, especially when cited in connection with something such as the church name, which seems minor to some people, Bowman said.

Malone, the church member, said that it is nice to hear a president confirm he is receiving revelation but that it limits the amount of healthy scrutiny of changes.

"It carries a lot more weight for Mormons," Malone said. "It's a conversation-ender for some people."

Source: Fox News National

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Moroccan teachers start new protest over working conditions

Teachers protest for better work conditions in Rabat
Teachers protest for better work conditions in Rabat, Morocco March 24, 2019. REUTERS/Youssef Boudlal

March 24, 2019

RABAT (Reuters) – More than 10,000 Moroccan teachers staged a new protest in the capital Rabat on Sunday to demand better working conditions, a witness said, hours after police had dispersed an earlier demonstration with water cannon.

The teachers started marching peacefully from the education ministry in Rabat to the square in front of parliament where police had intervened earlier.

Police were present at the latest protest but did not take any action.

(Reporting by Ahmed Eljechtimi; Writing by Ulf Laessing. Editing by Jane Merriman)

Source: OANN

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Vietnam issues traffic ban for Kim's possible arrival route

Vietnam has announced an unprecedented traffic ban along a possible arrival route of North Korean leader Kim Jong Un ahead of his second summit with President Donald Trump in Hanoi next week, state media reported.

The Communist Party's mouthpiece Nhan Dan newspaper late Friday quoted Vietnam's Department of Roads as saying the ban will first apply to trucks 10 tons or bigger, and vehicles with nine seats or more on the 170-kilometer (105-mile) stretch of Highway One from Dong Dang, the border town with China, to Hanoi from 7 p.m. on Monday to 2 p.m. on Tuesday, followed by a complete ban Tuesday on all vehicles from 6 a.m. to 2 p.m.

The summit is slated for Wednesday and Thursday.

It gave no other details. The move implies that Kim may take a train and disembark at the Dong Dang railway station and proceed by car to Hanoi.

It is not known if he will travel by train from Pyongyang via China or fly to a nearby Chinese city. Kim's overseas travel plans are routinely kept secret.

The People's Committee in Lang Son province, where the Dong Dang railway station is located, issued a statement Friday instructing the road operator to clean the stretch of the highway and suspend road works among other things to serve "a political task" on Feb. 24-28.

The second summit in Hanoi takes place following the historic meeting in Singapore last June where Kim and Trump reached a vaguely worded commitment from North Korea to dismantle its nuclear weapon program.

Kim traveled to Singapore by plane on loan from China.

Hanoi has been gearing up for the summit with beefed up security. Officials say the colonial-era Government Guest House in central Hanoi is expected to be the venue of the meeting, with the nearby Metropole Hotel as a backup.

Streets around the two places have been beautified with flowers and flags of North Korea, the U.S and Vietnam.

Workers were also putting final touches on the International Media Center. The Foreign Ministry says some 2,600 members of the foreign press have registered for the event.

Source: Fox News World

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Germany to press for tax cooperation, debt transparency at IMF/G20 meetings

FILE PHOTO: Finance Minister Olaf Scholz addresses a news conference to present the budget plans for 2019 and the upcoming years in Berlin
FILE PHOTO: Finance Minister Olaf Scholz addresses a news conference to present the budget plans for 2019 and the upcoming years in Berlin, Germany March 20, 2019. REUTERS/Fabrizio Bensch/File Photo

April 5, 2019

BERLIN (Reuters) – German Finance Minister Olaf Scholz will urge financial leaders next week to agree on a minimum level of corporate taxation globally and increase debt transparency in developing countries, a senior German government official said on Friday.

The talks in Washington will be dominated by political risks such as trade disputes and Britain’s departure from the European Union, said the government official who spoke on condition of anonymity.

Scholz, who is likely to face calls to increase fiscal stimulus to counter the effect of a slowing economy, will tell allies that Germany’s large current account surplus will shrink gradually due to vibrant domestic demand and higher state spending, the official added.

Finance ministers and central bank governors of the world’s 20 biggest economies are due to meet in Washington next week with the state of the global economy and political risks to growth at the top of the agenda.

(Reporting by Michael Nienaber; editing by Thomas Seythal and Alexander Ratz)

Source: OANN

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Storms kill 3 in Brazil; 20,000 evacuated in Paraguay

Civil defense officials say heavy rains in northeastern Brazil have killed at least three people and displaced 3,600, while apparently unrelated flooding far to the south in Paraguay has forced some 20,000 people from their homes.

About 3 inches (77 millimeters) of rain fell overnight in the Piaui state capital of Teresina, flooding a neighborhood and killing three.

In neighboring Ceara state, meteorologists say 6.4 inches (162.3 millimeters) of rain fell on the city of Granja so far in April. That's flooded the Coreau River. Meteorologists say rains are expected to continue through Friday.

In Paraguay, emergency officials say about 20,000 people have been forced to evacuate homes in recent days due to rising waters of the Paraguay River, which originates in the Brazilian state of Mato Grosso do Sul.

Source: Fox News World

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

April 26, 2019

By Manoj Kumar and Nidhi Verma

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

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

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

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

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

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

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

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

A government spokesman declined to comment.

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

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

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

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

Only for them to surge after the vote.

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

‘CREDIT NEGATIVE’

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

($1 = 70.1800 Indian rupees)

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

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FILE PHOTO: Uber's logo is displayed on a mobile phone in London, Britain
FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo

April 26, 2019

(Reuters) – Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.

In a regulatory filing, Uber set a target price range of $44-$50 per share for its IPO. The company will sell 180 million shares in the offering, with a further 27 million sold by insiders.

In the filing, Uber also reported a net loss attributable to the company for the first quarter of 2019 of around $1 billion and revenues of roughly $3 billion.

(Reporting by Joshua Franklin; editing by Patrick Graham)

Source: OANN

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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DNA Force Plus

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149.95

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

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DNA Force Plus

149.95

119.96

DNA Force Plus is finally here! Now you can support optimal energy levels while adapting your body to handle the daily bombardment of toxins to overhaul your body’s cellular engines with a fan-favorite formula.

https://www.infowars.com/wp-content/uploads/2016/02/dna-210.jpg

https://www.infowarsstore.com/dna-force-plus.html?ims=jbdoh&utm_campaign=IWL-DNAForcePlus-20%25off-Widget&utm_source=Infowars+Widget&utm_medium=Banner&utm_content=Widget-DNFP-20%25off

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Source: InfoWars

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!
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