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James Woolsey to Newsmax TV: Brennan's Treason Claim Bogus

Former CIA Director James Woolsey said unfounded claims by former members of the intelligence community that President Donald Trump is guilty of conspiring with the Russians is as perplexing as a clock chiming for a 13th time.

Woolsey was on Newsmax TV's "Newsmax Now" on Wednesday night and was asked specifically about former CIA Director John Brennan, who has insisted for two years that Trump colluded with the Russians. It was unveiled last weekend that special counsel Robert Mueller came to the opposite conclusion.

"I think it hurts generally when you accuse someone of something as serious as essentially aide and comfort to the enemy of the United States, and you don't have any evidence to that effect," Woolsey said. "And then it turns out, as it looks right now, they don't have evidence.

"That's like the 13th chime of a clock. It's bizarre in and of itself, and it calls into question everything from the same source."

Woolsey added Trump's repeated criticisms of the late Sen. John McCain, R-Ariz., are also similar to a clock's extra tone, and then added Americans should return to using facts as supporting evidence for discussion, rather than opinions.

"I wish we could have a more civil and fair-minded and evidence-based statement of people's objectives and policies, rather than the kind of thing we saw, falsely apparently, claiming treason," he said.

Important: Newsmax TV is now carried in 65 million cable homes on DirecTV Ch. 349, Dish Network Ch. 216, Comcast/Xfinity Ch. 1115, U-verse Ch. 1220, FiOS Ch. 615 or More Systems Here.

Source: NewsMax Politics

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Legal Consultants for CNN/MSNBC in Handcuffs

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Global debt edged up in 2018, debt ratio little changed: IIF

The dollar sign is seen alongside the signs for other currencies above a currency exchange shop in Mongkok shopping district in Hong Kong
The dollar sign (R) is seen alongside the signs for other currencies above a currency exchange shop in Mongkok shopping district in Hong Kong, China, October 30, 2014. REUTERS/Damir Sagolj/File Photo

April 2, 2019

NEW YORK (Reuters) – Global debt growth decelerated sharply in 2018, with about $3.3 trillion added globally compared with an increase of $21 trillion the previous year, the Institute of International Finance said in a report on Tuesday.

Debt ended the year at about $243.2 trillion from $239.9 trillion at the end of 2017, after hitting a nominal record high of $248 trillion at the end of the first quarter. The year-end figure was little changed when compared with gross domestic product globally, ending close to the 2017 figure at 317% of GDP, though “still very high by historical standards,” according to the report.

Among developed or mature markets debt grew 2.2%, but the ratio to GDP remained little changed at about 390%. However, the overall steadiness does not reflect increases in the ratio from Japan, France and Australia, while debt ratios fell in Ireland, the Netherlands and Portugal.

Debt grew in the United States by the most since 2007, but strong economic growth drove the debt-to-GDP ratio to its lowest level since 2005 – though it is still high at 326%.

Emerging markets’ debt grew at the slowest pace since 2001, adding about $1 trillion, or under 25% of the average increase in the five previous years. The debt-to-GDP ratio in emerging markets was also steady at around 212%.

Government debt in emerging markets rose to a record 49.7% of GDP, with the largest ratios coming regionally from Asia and Latin America.

“High levels of interest spending on public debt threatens productive allocation of public resources,” the report said, singling out Brazil, Lebanon and Egypt.

Emerging markets will see some $1.7 trillion in debt and loans come due this year, the most in the decade ending in 2023 according to the report.

(Reporting by Rodrigo Campos in New York; Editing by Leslie Adler)

Source: OANN

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Missouri sheriff’s deputy, veteran spotted on camera saving American flag touching the ground

A sheriff's deputy and veteran in Missouri went above the call of duty earlier this month after spotting an American flag on a broken flagpole that was nearly on the ground.

The Clay County Sheriff's Office said in a Facebook post the incident happened on March 15 in Avondale after a storm had passed through the region and Deputy Brandon McElroy was driving through the neighborhood.

Video from a Ring doorbell camera sent into the sheriff's office by the homeowner shows McElroy slow down in front of the house, turn around and get out after noticing the flag partially draped on the ground.

"Seeing the flag down, my first reaction was to do the right thing and make sure to show respect and pick it up off the ground," McElroy told "Fox & Friends." "I'm not necessarily on the lookout for it, but driving in that area I've always noticed his flagpole up with the flag waving, and driving through that area that particular morning I noticed it was down and just had to pick it up."

DONORS STEP UP TO REPLACE TATTERED AMERICAN FLAGS BEFORE PROCESSION FOR SOLDIER KILLED IN AFGHANISTAN

In the video released by the sheriff's office, McElroy can be seen going onto the front yard and removing the flag from the broken pole before respectfully folding it up on the front porch of the home.

"It means a lot to me," he said Sunday. "Growing up, you show your respect to the flag. Doing little things such as making sure it doesn't touch the ground or picking it up off the ground, just little things you can show it respect."

The sheriff's deputy served for 7 1/2 years with the Air Force at Whiteman Air Force Base in Missouri as a security forces member.

GIRL'S SPECIAL DOLL HONORING HER DEPLOYED ARMY DAD FOUND, RETURNED AT AIRPORT AFTER VIRAL FACEBOOK CAMPAIGN

At the time, McElroy said he didn't realize that there was a doorbell camera recording him. It was hours later that day when he was approached by the homeowner's wife who thanked him for his kind deed.

He told "Fox & Friends" he strives to make sure to always do the right thing, even when nobody is watching.

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"Something as small as that cloth represents a lot in this country, whether it's the men and women that have died for it or the men and women that wear it to this day serving our country so we can have our freedoms that we have and enjoy the things that we do on an everyday basis," he said.

Source: Fox News National

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Senate to vote on 'born-alive' bill, which guarantees medical care to infants who survive failed abortions

The U.S. Senate on Monday will vote on the “Born-Alive” Infants Protection Act, which guarantees medical care to infants who survive a failed abortion.

The legislation was introduced after Virginia Gov. Ralph Northam made controversial remarks that angered pro-life activists. Northam defended a state bill that would make it easier to obtain a third-trimester abortion. He later said his remarks, which critics equated to infanticide, were misconstrued.

"In this particular example, if a mother is in labor, I can tell you exactly what would happen: the infant would be delivered; the infant would be kept comfortable; the infant would be resuscitated if that's what the mother and the family desired. And then a discussion would ensue between the physicians and the mother,” Northam said.

ILLINOIS BILL WILL MAKE STATE THE 'ABORTION CAPITAL OF AMERICA,' PRO-LIFE GROUP WARNS

Even if the bill passes in the Senate, it would face an uphill battle in the House, where Democrats are the majority.

The bill would require doctors to provide the same level of care to infants who survive an abortion as they would to any other infant the same gestational age. Under the bill, those who violate the law could be prosecuted.

SEN. BEN SASSE: DO YOU SUPPORT INFANTICIDE? EVERY SENATOR MUST CHOOSE WHETHER THEY DO OR NOT

“We’re talking about making sure that newborn babies are treated with dignity and receive care whether they’re born in the maternity wing or an abortion clinic,” Nebraska Sen. Ben Sasse wrote inopinion piece for Fox News. “This is the bare minimum in humane treatment.”

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Source: Fox News Politics

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Russian lawmaker proposes ‘reset’ in U.S. ties after Mueller report

National flags of Russia and U.S. fly at Vnukovo International Airport in Moscow
FILE PHOTO - National flags of Russia and the U.S. fly at Vnukovo International Airport in Moscow, Russia April 11, 2017. REUTERS/Maxim Shemetov

March 25, 2019

MOSCOW (Reuters) – Moscow would be happy to mend ties with Washington after a report by U.S. Special Counsel Robert Mueller found no evidence of collusion between Donald Trump’s campaign and Russia in the 2016 election, a senior Russian lawmaker said on Monday.

Mueller found no evidence of collusion but left unresolved the issue of whether Trump obstructed justice by undermining the investigations that have dogged his presidency.

“In any case, there is an opportunity to reset a lot in our relations but it is still a question as to whether Trump would risk that. We of course are ready,” Russian lawmaker Konstantin Kosachev said.

(Reporting by Maxim Rodionov and Polina Devitt; Writing by Tom Balmforth; Editing by Paul Tait)

Source: OANN

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Amazon Web Services to open Latin America computer center in Colombia

FILE PHOTO: The logo of Amazon Web Services (AWS) is seen during the 4th annual America Digital Latin American Congress of Business and Technology in Santiago
FILE PHOTO: The logo of Amazon Web Services (AWS) is seen during the 4th annual America Digital Latin American Congress of Business and Technology in Santiago, Chile, September 5, 2018. REUTERS/Ivan Alvarado

March 28, 2019

BOGOTA (Reuters) – Amazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will open a Latin American computer center in Colombia and help train 2,000 students in digital technology.

The company will team up with Colombia’s public technical education institute to train students in cloud technology, Jeffrey Kratz, AWS’ general public sector manager for Latin America, the Caribbean and Canada, said in a government statement.

Kratz, in Bogota for a technology conference, said Amazon wants to support the development of digital infrastructure and help entrepreneurs create large-scale projects. He said the company would continue to invest in Colombia, though he did not provide further details.

He did not elaborate on the computer center.

Last August Amazon, the world’s largest online retailer, announced that it would open its first customer service center in Colombia later this year and employ 600 people. The service center will serve customers worldwide in Spanish, English and Portuguese.

(Reporting by Helen Murphy; editing by Grant McCool)

Source: OANN

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

Source: OANN

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

Source: OANN

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

Source: OANN

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

Source: OANN

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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