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Deadly fire strikes oldest part of Bangladesh capital

A fire in Bangladesh killed at least 81 people and gutted a section of Chawkbazar, a section of Dhaka that dates to the Mughal era 400 years ago, in a stark reminder of the lapses in public safety that continue in the South Asian country despite its rapid economic development.

The fire leaped from building to building in the ancient district, a warren of narrow streets — some only one meter (3 feet) wide — with apartments squeezed over shops, restaurants and industrial warehouses on the ground floors.

Witnesses said many gas cylinders stored in the buildings continued to explode one after another. They said the fire also set off explosions in the fuel tanks of some vehicles that were stuck in traffic in front of the destroyed buildings.

Officials said firefighters struggled to reach the area because of heavy traffic and narrow alleys that were busy when the fire started.

After a fire in 2010 swept through Nimtoli, a district near Chawkbazar, killing at least 123 people, authorities promised to bring the area into compliance with building codes and regulations, and evict chemical warehouses from buildings where people lived.

Industrial facilities can't legally exist in areas that are zoned residential, said Mohammed Manjur Morshed, an assistant professor of urban planning at Khulna University of Engineering and Technology.

"This type of thing happens, there's a big initiative to move everything out, and then after some time people forget about it and the government is really not interested any more. It's like that," Morshed said.

In 2014, three people were killed and three others severely burned when a perfume warehouse on the third floor of a building in Chawkbazar caught fire. The following year, a fire gutted eight plastic factories.

Morshed said government regulations are sufficient, but are routinely flouted in Chawkbazar. "This is a historic area with a distinct culture," he said. "They are not really abiding by the government's rules."

The newer northern half of Dhaka, where many famous fashion brand factories are located, contrasts greatly with the southern half that includes Chawkbazar.

"As the area was developed continuously, there is very high population density and haphazard growth," said Shafiq-Ur Rahman, an urban planning professor at Jahangirnagar University in Dhaka.

"You need to consider preservation to maintain the heritage," he said, "but this is not the first time. We have an unfortunate history, and we need in redeveloping to figure how to provide services, like access for firefighters."

Denizens of the Muslim-majority nation throng to Chawkbazar each year for Mughal foods to celebrate iftar, when Muslims break their fast during Ramadan.

In the festive atmosphere, makeshift stalls and itinerant vendors sell spices, sweets, minced mutton, kebabs and other delicacies in tight passageways teeming with the faithful.

Thousands of animals are slaughtered in the open during Eid-ul-Azha, a sacrificial festival, near Chawkbazar Shahi Mosque.

A government eviction drive in Chawkbazar and other areas of Old Dhaka to clear makeshift stalls from walkways was met with protests last May on the eve of Ramadan by business owners and residents.

According to local reports, some 500 illegal stands were evicted from the narrow streets. In response, hundreds of legal shops closed in protest.

On Thursday afternoon, shops had opened and the streets were crowded in much of Chawkbazar, outside a police cordon where authorities continued to comb through the destruction left by the blaze.

The fire was about 500 meters (550 feet) away from Dhaka's 18th-century Central Jail, a former Mughal fort where ex-Prime Minister and opposition leader Khaleda Zia has been held since February last year on corruption charges. Since 2016, the jail has only been used to hold opposition figures, and Zia is currently the only inmate. It was not threatened by the fire.

___

Schmall reported from New Delhi.

Source: Fox News World

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Artists use Ukraine president’s candy wrappers for critical portrait

Ukrainian artist Dariya Marchenko works on a portrait of Ukraine's President Petro Poroshenko named 'Tha Face of Corruption' in Kiev.
Ukrainian artist Dariya Marchenko works on a portrait of Ukraine's President Petro Poroshenko named 'The Face of Corruption' which is made of wrappers from more than 20 kilograms of Roshen candies and empty shell cartridges brought from the frontline of a military conflict in the east of the country, in Kiev, Ukraine March 27, 2019. Picture taken March 27, 2019. REUTERS/Valentyn Ogirenko

March 29, 2019

KIEV (Reuters) – As Ukraine heads in a presidential election on Sunday, two artists have created an unflattering portrait of incumbent Petro Poroshenko using sweet wrappers and bullet casings.

From Poroshenko’s perspective probably the best thing about the piece is that the artists had to use 20 kilograms (44 lb) of candies made by a confectionary firm that he owns.

Titled ‘Face of Corruption’, the collage by Daria Marchenko and Daniel Green is full of hidden meanings.

    Speaking to Reuters in her apartment in Kiev, Marchenko explained that the candy wrappers symbolize empty promises made to Ukrainians since Poroshenko came to power following the ousting of pro-Russian president Viktor Yanukovich five years ago.

Sat at a table covered with colorful wrappers, she described the Ukrainian people as being like a child craving democracy.

“This child was shown a candy in the form of democracy, in the form of a new future, of something bright, non-totalitarian and honest,” she said.

“And in the end, the child was not given this candy. That is why we can see candy wrappers on the face of Petro Oleksiyovych (Poroshenko). We cannot not see candies, we can see empty wrappers, just wrappers.”

    The portrait’s background is made of bullet casings collected from Ukraine’s volatile east and are arranged in a pattern to resemble chocolate bars, in a nod to Poroshenko’s background in the confectionery business and his nickname “the Chocolate King”.

    Close-up, the chocolate bars also resemble coffins which symbolize the lost souls of Ukrainians, Marchenko said.

    “In the background we can see the country at war, the country full of coffins while the president lives in sweetness under any circumstances,” she said.

According to an opinion poll published on Thursday, comic actor Volodymyr Zelenskiy, a political novice who plays a fictional president in a popular TV series, has maintained a strong lead in Ukraine’s presidential election race. [nL8N21F3RH]

The poll by KIIS research body, the final survey for the election’s first round, showed support for Zelenskiy at 20.9 percent, with Poroshenko second on 13.7 percent and opposition leader Yulia Tymoshenko third on 9.7 percent.

Thirty-nine candidates have registered for the election. If no candidate wins 50 percent of the votes cast in Sunday’s poll, the top two will face each other in a run-off on April 21.

The portrait of Poroshenko is the third in a series of artworks by Marchenko and Green.

Their 2015 ‘Face of War’ depicted Russian President Vladimir Putin and was made of bullet casings, while a 2017 portrait of U.S. President Donald Trump was made of coins and titled ‘Face of Money’.

(Reporting by Margaryta Chornokondratenko; Editing by Simon Cameron-Moore)

Source: OANN

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ITV to team up with BBC in ‘BritBox’ subscription streaming offer

A company sign is displayed outside an ITV studio in London
A company sign is displayed outside an ITV studio in London, Britain July 27, 2016. REUTERS/Neil Hall

February 27, 2019

BARCELONA (Reuters) – Commercial broadcaster ITV said on Wednesday it would team up with the BBC, its long-standing public broadcasting peer, to create a British rival to Netflix called “BritBox”.

ITV said talks on the tie-up were in the concluding stage as it announced as 4 percent drop in adjusted earnings of 810 million pounds ($1.07 billion), and said advertising revenue for the first four months of 2019 would fall 3-4 percent due to economic and political uncertainty in Britain.

(Reporting by Paul Sandle; Editing by Elisabeth O’Leary)

Source: OANN

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Trump's Budget Revives Border Battle

President Donald Trump is reviving his border wall fight, preparing a new budget that will seek $8.6 billion for his signature project, impose steep spending cuts to other domestic programs and set the stage for another fiscal battle.

Budget documents like the one Trump is releasing Monday are often seen as just a starting point of negotiation. Fresh off the longest government shutdown in history, Trump's 2020 proposal shows he is eager to confront Congress again to boost defense spending and cut $2.7 trillion in nondefense spending over a decade.

Titled "A Budget for a Better America: Promises Kept. Taxpayers First," Trump's proposal "embodies fiscal responsibility," said Russ Vought, the acting director of the Office of Management and Budget.  

Vought said the administration has "prioritized reining in reckless Washington spending" and shows "we can return to fiscal sanity."

Two administration officials confirmed that the border wall request was part of Trump's spending blueprint for the 2020 budget year, which begins Oct. 1. It would pay for hundreds of miles of new barriers along the border.

Trump's budget proposes increasing defense spending to $750 billion — and standing up the new Space Force as a military branch — while reducing nondefense accounts by 5 percent, with cuts recommended to safety-net programs used by many Americans.

The plan sticks to budget caps that both parties have routinely broken in recent years and promises to come into balance in 15 years, relying in part on economic growth that may be uncertain.

The officials were not authorized to discuss budget details publicly before Monday's release of the plan and spoke on condition of anonymity.

While pushing down spending in some areas, including the Environmental Protection Agency, the proposal will seek to increase funding in others to align with the president's priorities, according to one official.

The administration will invest more than $80 billion for veterans services, a nearly 10 percent increase from current levels, including "significant" investments in rehabilitation, employment assistance and suicide prevention.

It will also increase resources to fight the opioid epidemic with money for prevention, treatment, research and recovery, the administration said. And it seeks to shift some federal student loan costs to colleges and universities.

By adhering to strict budget caps, Trump is signaling a fight ahead. The president has resisted big, bipartisan budget deals that break the caps — threatening to veto one last year — but Congress will need to find agreement on spending levels to avoid another federal shutdown in fall. To stay within the caps, the budget shifts a portion of the defense spending to an overseas contingency fund, which some fiscal hawks will view as an accounting gimmick.

White House economic adviser Larry Kudlow said Trump's budget "points a steady glide path" toward lower spending and borrowing as a share of the nation's economy. He also told "Fox News Sunday" that there was no reason to "obsess" about deficits, and expressed confidence that economic growth would top 3 percent in 2019 and beyond. Others have predicted lower growth.

But the Democratic chairman of the House Budget Committee, Rep. John Yarmuth of Kentucky, called the proposed cuts to essential services "dangerous." He said Trump added nearly $2 trillion to deficits with the GOP's "tax cuts for the wealthy and large corporations, and now it appears his budget asks the American people to pay the price."

The border wall, though, remains a signature issue for the president and is poised to stay at the forefront of his agenda, even though Congress has resisted giving him more money for it.

Leading Democrats immediately rejected the proposal.

"Congress refused to fund his wall and he was forced to admit defeat and reopen the government. The same thing will repeat itself if he tries this again," said House Speaker Nancy Pelosi, D-Calif., and Senate Democratic leader Chuck Schumer of New York. They said the money "would be better spent on rebuilding America."

In seeking $8.6 billion for more than 300 miles of new border wall, the budget request would more than double the $8.1 billion already potentially available to the president for the wall after he declared a national emergency at the border last month in order to circumvent Congress — although there's no guarantee he'll be able to use that money if he faces a legal challenge, as is expected. The standoff over the wall led to a 35-day partial government shutdown, the longest in U.S. history.

Along with border wall money, the proposed budget will also increase funding to increase the "manpower" of Immigration and Customs Enforcement officers and Customs and Border Patrol at a time when many Democrats are calling for cuts — or even the elimination — of those areas. The budget also proposes policy changes to end sanctuary cities, the administration said.

The budget would arrive as the Senate readies to vote this week to terminate Trump's national emergency declaration. The Democratic-led House already did so, and a handful of Republican senators, uneasy over what they see as an overreach of executive power, are expected to join Senate Democrats in following suit. Congress appears to have enough votes to reject Trump's declaration but not enough to overturn a veto.

Trump invoked the emergency declaration after Congress approved nearly $1.4 billion for border barriers, far less than the $5.7 billion he wanted. In doing so, he can potentially tap an additional $3.6 billion from military accounts and shift it to building the wall. That's causing discomfort on Capitol Hill, where even the president's Republican allies are protective of their power to decide how to allocate federal dollars. Lawmakers are trying to guard money that's already been approved for military projects in their states — for base housing or other improvements — for the wall. The administration is promising to backfill those funds, senators said.

The wall with Mexico punctuated Trump's campaign for the White House, and it's expected to again be featured in his 2020 re-election effort. He used to say Mexico would pay for it, but Mexico has refused to do so.

Source: NewsMax Politics

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Sudan’s Bashir appoints ruling party head as assistant: presidency

FILE PHOTO: Sudan's President Omar al-Bashir delivers a speech at the Presidential Palace in Khartoum
FILE PHOTO: Sudan's President Omar al-Bashir delivers a speech at the Presidential Palace in Khartoum, Sudan February 22, 2019. REUTERS/Mohamed Nureldin Abdallah/File Photo

March 21, 2019

KHARTOUM (Reuters) – Sudan’s President Omar al-Bashir has appointed ruling party head Ahmed Haroun, who is wanted by the International Criminal Court (ICC), as an assistant, a presidency statement said on Thursday.

Bashir, who has faced more than three months of street protests against his rule, delegated the leadership of the National Congress Party to Haroun earlier this month.

Both Bashir and Haroun are wanted by the ICC over alleged crimes in Sudan’s Darfur region.

(Reporting by Khalid Abdelaziz; Writing by Aidan Lewis; Editing by Alison Williams)

Source: OANN

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Sri Lanka Received Warning of Threat Hours Before Attacks – Report

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Source: InfoWars

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Trump's Golan statement draws strong regional condemnation

From Syria to Turkey and beyond, President Donald Trump's abrupt declaration that Washington will recognize Israel's sovereignty over the Israeli-occupied Golan Heights drew strong condemnation on Friday.

The Syrian government called it "irresponsible" and a threat to international peace and stability, while Iran's foreign ministry said it plunges the region into a new crisis.

The Foreign Ministry in Damascus said Trump's statement confirms "the blind bias of the United States to the Zionist entity," referring to Israel, and added that it won't change "the fact that the Golan was and will remain Arab and Syrian."

The ministry also said Damascus is now more intent on liberating the Golan, "using every possible means."

Trump's announcement the day before was a major shift in American policy and gives Israeli Prime Minister Benjamin Netanyahu a political boost a month before what is expected to be a close election.

The administration has been considering recognizing Israel's sovereignty over the strategic highlands, which Israel captured from Syria in 1967, for some time and Netanyahu had pressed the matter with visiting U.S. Secretary of State Mike Pompeo this week.

Israel unilaterally annexed the Golan Heights in 1981. The U.N. Security Council resolution 497, issued after the annexation, refers to Israel as "the occupying power" and says Israel's attempt to "impose its laws, jurisdiction and administration in the occupied Syrian Golan Heights is null and void and without international legal effect."

Damascus also said Trump's statement "clearly shows the U.S. disdain to the international legitimacy and violates its resolutions, especially Security Council resolution 497" while also threatening "international peace and stability."

Syria's Foreign Ministry later announced that a letter was sent to the presidents of the U.N. Security Council and United Nations over Trump's "irresponsible and dangerous statements over the Golan." The statement urged the U.N. secretary-general to confirm the organization's stance regarding Israeli occupation of the Golan.

Iranian Foreign Ministry spokesman Bahram Ghasemi said Trump's "personal and arbitrary decisions" plunge the region into a new crisis, the semi-official Tasnim news agency reported.

Arab League chief Ahmed Aboul Gheit also criticized the American stance, saying it "comes outside the international legitimacy and no country, no matter how important it is, can make such a decision."

Turkish President Recep Tayyip Erdogan said Trump's "unfortunate" declaration has brought the region "to the brink of a new crisis and new tensions."

"We will never allow the legitimization of the occupation of the Golan Heights," Erdogan added.

Egypt also issued a statement, saying the Golan is occupied Arab territory and calling for respect for international resolutions.

Kremlin spokesman Dmitry Peskov told reporters that Trump's comments "can destabilize the already fragile situation in the Middle East."

"The very idea is not helping the goals of the Middle East settlement, quite the other way round," he said. "Right now, it's merely a declaration. Let's hope it will stay this way."

In Germany, government spokeswoman Ulrike Demmer said there was no change to Berlin's position on the Golan Heights, pointing to the 1981 U.N. resolution. She said Germany opposes "unilateral steps," but is well aware of the territory's significance to Israel.

"A peace settlement would have to take account of Israel's very justified security interests and of course stop once and for all the potential dangers to Israel from the Golan Heights," Demmer said. "But for the present, the tensions that already exist should not be deepened."

The U.S. will be the first country to recognize Israeli sovereignty over the Golan, which the rest of the international community regards as territory occupied by Israel whose status should be determined by negotiations between Israel and Syria. Attempts to bring Israel and Syria to the table have failed.

It was not immediately clear how a U.N. peacekeeping force that is in place in the Golan might be affected by the U.S. move. That force's mandate expires at the end of June.

There had been signals that a U.S. decision was coming. Last week, in its annual human rights report, the State Department dropped the phrase "Israeli-occupied" from the Golan Heights section, instead calling it "Israeli-controlled."

___

Associated Press writers Maggie Michael in Cairo; Suzan Fraser in Ankara, Turkey; Nataliya Vasilyeva in Moscow, Amir Vahdat in Tehran, Iran; Geir Moulson in Berlin and Bassem Mroue in Beirut contributed to this report.

Source: Fox News National

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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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)

Source: OANN

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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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