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Mexico would consider opening gas stations to sell at ‘fair prices’

FILE PHOTO: Mexico's President Obrador gives a speech marking the first 100 days of his presidency at the National Palace in Mexico City
FILE PHOTO: Mexico's President Andres Manuel Lopez Obrador looks on before a speech marking the first 100 days of his presidency at the National Palace in Mexico City, Mexico March 11, 2019. REUTERS/Edgard Garrido/File Photo

April 9, 2019

MEXICO CITY (Reuters) – Mexico’s President Andres Manuel Lopez Obrador said on Tuesday the government would consider creating a small chain of gas stations to ensure “fair prices,” if gas station operators do not keep prices controlled.

Lopez Obrador urged gas stations to offer lower prices by trimming their profit margins, and said the government would publicize which gas stations had the lowest prices.

“If this doesn’t work… to reach our goal of no price increases, we would consider creating a network of gas stations… enough so that stations sell at fair prices,” Lopez Obrador said at a regular news briefing.

The veteran leftist, who took office in December, won the presidency on promises to strengthen the ailing national oil company Pemex and ensure stable fuel prices.

(Reporting by Daina Beth Solomon; Editing by Bernadette Baum)

Source: OANN

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Louisiana woman beat boyfriend with his prosthetic leg after he tried to break up: police

A New Orleans-area woman, who beat up her ex-boyfriend with his own prosthetic leg earlier this year because he tried to break up with her, was arrested last Wednesday, police said.

On Feb. 11, Michelle Jackson, 58, was drinking with her now ex-boyfriend when he told her he wanted to see someone else, Capt. Jason Rivarde said. The man went to sleep without incident but awoke the next morning with an injured hand and a large cut on his head that was dripping blood, The Times-Picayune reported.

TEXAS WOMAN ALLEGEDLY ATTACKS HUSBAND AFTER GETTING SILENCE WHEN SHE ASKED IF SHE'S PRETTY

Jackson, who had left before authorities arrived, allegedly told a relative she had beat the man with his prosthetic leg and thought she had killed him. The woman allegedly told police that she had stabbed him, but Rivarde said there was no evidence.

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U.S. Marshals arrested Jackson in her home Wednesday, New Orleans Fox 8 reported. She was booked into the Jefferson Parish Correctional Center on an aggravated battery charge without bond, the report said.

Source: Fox News National

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The Latest: Ex-general vying for Indonesia president votes

The Latest on Indonesia's presidential and legislative elections (all times local):

8:30 a.m.

President candidate Prabowo Subianto has voted in Indonesia's presidential and legislative elections and says he confident of winning despite polls showing that he trails President Joko Widodo by up to 20 percentage points.

After voting, Subianto, a former special forces general, echoed his campaign themes of a weak Indonesia at risk of disintegration.

Speaking in English, he said "I promised that we will work for the good of the country. If it's chaos or not it's not coming from us, but I guarantee that we don't want to be cheated anymore, that Indonesian people don't want to be cheated anymore."

___

7 a.m.

Voting is underway in presidential and legislative elections in Indonesia, the world's third-biggest democracy, after a campaign that pitted the moderate incumbent against an ultranationalist former general.

The first votes were cast in easternmost provinces after polling booths opened at 7 a.m. followed an hour later by central regions such as Bali and then the capital Jakarta and western provinces. Indonesia, a sprawling archipelago of 17,000 islands, has three time zones.

About 193 million people are eligible to vote in polls that will decide who leads the world's most populous Muslim-majority nation. The campaign pit President Joko Widodo against Prabowo Subianto, a former general from the Suharto military dictatorship era.

Source: Fox News World

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Swede gets 4.5 years for last year's royal jewels heist

A 22-year-old Swede has been sentenced to four and a half years in prison after he was convicted of stealing royal funeral artifacts said to be worth 65 million kronor ($7 million) from a Swedish cathedral last year.

The Eskiltuna District Court said Friday that Johan Nicklas Backstrom stole two crowns and an orb used at the funerals of King Karl IX and Queen Kristina.

On the closing day of his trial last week, Backstrom confessed to stealing the items from the Strangnas Cathedral, west of the capital, on July 31.

His confession came after prosecutors said his DNA was found on the jewels that were discovered Feb. 5 in a garbage bin north of Stockholm. Backstrom said he cut himself when smashing the glass during the theft.

Source: Fox News World

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China jails former internet regulator for 14 years over graft

Lu Wei, head of Cyberspace Administration of China, attends a news conference in Beijing
FILE PHOTO: Lu Wei, head of Cyberspace Administration of China, attends a news conference in Beijing, China December 9, 2015. Picture taken December 9, 2015. REUTERS/Stringer

March 26, 2019

BEIJING (Reuters) – A Chinese court on Tuesday jailed the former chief internet regulator, Lu Wei, for 14 years, having found the once influential official guilty of taking bribes worth almost $5 million.

Lu, one of numerous senior officials caught up in President Xi Jinping’s sweeping anti-graft campaign, had already been expelled from the ruling Communist Party, which tightly controls the courts.

At the height of his influence, Lu, a colorful and often brash official by Chinese standards, was seen as emblematic of pervasive internet controls, although his downfall has not brought a reversal of those policies.

The court, in the eastern city of Ningbo, said in a statement that Lu had accepted the verdict and would not appeal.

Lu, 59, pleaded guilty in October after prosecutors had accused him of abusing his power in various government posts over 15 years, including as the head of the Cyberspace Administration of China (CAC).

Between 2002 and 2017, he received illicit assets from government units or individuals worth more than 32 million yuan ($4.77 million), the court said in the statement.

He had “shown repentance” and “actively returned” most of the money and property, it added.

Reuters could not reach Lu in jail to seek comment, and it is unclear who acts as his lawyer.

Lu worked his way up though China’s official Xinhua news agency before becoming head of propaganda in Beijing and then moving to internet work in 2013. He became a deputy propaganda minister after being replaced at the internet regulator.

Under Lu, the regulator did not carry out Xi’s instructions in a timely or resolute fashion, China’s anti-corruption watchdog has said.

The government blocks websites it deems a challenge to party rule or a threat to stability, from foreign social media platforms and news outlets to sites such as Google’s main search engine and Gmail service.

Organisers of China’s first World Internet Conference in 2014, set up under Lu to promote Beijing’s vision of internet governance, irked foreign tech firms by seeking their agreement on a last-minute declaration on “internet sovereignty”.

Tech industry representatives declined to sign, and rights groups condemned it as a bid to undermine internet freedom.

When Lu visited Facebook Inc’s U.S. campus in 2014, he was greeted in Mandarin by Mark Zuckerberg, the founder of the social networking site that has long been blocked in China, a Chinese government website has said.

Lu had vociferously defended China’s internet curbs. In 2015, he told reporters: “Indeed, we do not welcome those that make money off China, occupy China’s market, even as they slander China’s people. These kinds of websites I definitely will not allow in my house.”

(Reporting by Michael Martina and Ben Blanchard; Editing by Clarence Fernandez)

Source: OANN

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WTO agrees terms to keep Britain in government procurement deal after Brexit

Commuters cross Westminster bridge in London
Commuters cross Westminster bridge in London, Britain, February 27, 2019. REUTERS/Peter Nicholls

February 27, 2019

GENEVA (Reuters) – Britain has got agreement at the World Trade Organization to remain within the WTO’s Government Procurement Agreement after it leaves the European Union, securing a 1.3 trillion pound market, Britain’s WTO mission said in a statement on Tuesday.

Britain was previously a member of the GPA, whose 19 members open up their government procurement markets to each other’s firms, only by virtue of its membership in the EU. Diplomats had said rolling over membership should be one of the simplest and least controversial aspects of the Brexit process.

(Reporting by Tom Miles; Editing by Catherine Evans)

Source: OANN

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Britain says EU could hold emergency summit to offer conditional Brexit extension

Britain's Foreign Secretary Jeremy Hunt is seen outside Downing Street in London
Britain's Foreign Secretary Jeremy Hunt is seen outside Downing Street in London, Britain March 20, 2019. REUTERS/Hannah McKay

March 21, 2019

LONDON (Reuters) – The European Union could next week hold an emergency summit to offer a Brexit extension with potentially onerous conditions such as holding another referendum, British Foreign Secretary Jeremy Hunt said on Thursday.

“There could be and we don’t know there will be an EU emergency summit to offer us an extension,” Hunt told BBC radio.

“We don’t know what the length would be and it could have some very onerous conditions,” such as holding another referendum. He said such an option would be unlikely to be supported by the British parliament.

Hunt said the government did not yet know whether Prime Minister Theresa May’s twice-defeated Brexit deal would be brought back to parliament next week.

“Do we resolve this or have Brexit paralysis?” Hunt said. He said a no-deal exit on March 29 remained the legal default.

Hunt said if the deadlock remained next week – parliament still had the option to vote to revoke Article 50 and cancel the entire Brexit process, though it was “highly unlikely”

(Reporting by Andrew MacAskill. Editing by Guy Faulconbridge)

Source: OANN

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FILE PHOTO: Chevron's Michael Wirth speaks at Gastech, the world's biggest expo for the gas industry, in Chiba
FILE PHOTO: Chevron’s Michael Wirth speaks at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai

April 26, 2019

HOUSTON (Reuters) – Chevron Corp on Friday pushed back at the potential for a rival to break up its $33 billion deal for Anadarko Petroleum Corp, saying the two companies had already begun meetings on a merger plan.

Occidental Petroleum on Thursday sought to scuttle the proposed deal, submitting a higher, $38 billion cash-and-stock offer for Anadarko. Anadarko’s board said on Thursday it would evaluate the new proposal.

“I’ll just remind everyone that we’ve got a signed deal that has been approved by both boards and we’ve moving forward with integration planning,” said Chevron Chief Executive Michael Wirth on a conference call with analysts. He said a “sizeable” group of employees had already met.

Wirth declined to say whether Chevron would raise its offer in light of Occidental’s higher bid. Chevron has the ability revise the structure of its 75 percent stock, 25 percent cash bid, Chevron finance chief Pierre Breber said on the same call. “We could put more cash in if that’s what Anadarko wanted to do,” he said.

(Reporting by Gary McWilliams; Editing by James Dalgleish)

Source: OANN

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FILE PHOTO: Naqvi Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the WEF in Davos
FILE PHOTO: Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich/File Photo

April 26, 2019

By Tom Arnold

LONDON (Reuters) – A London court case to extradite Arif Naqvi, founder of collapsed private equity firm Abraaj Group, to the United States on fraud charges was adjourned until May 24, a court official said on Friday.

Naqvi was remanded in custody until that date, the official said. A former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, was released on conditional bail to appear again at Westminster Magistrates Court on June 12, the official said.

Under the U.S. charges, both men are accused of defrauding U.S. investors by inflating positions held by Abraaj in order to attract greater funds from them, causing them financial loss, the official said.

Vettivetpillai could not be reached for a comment.

Naqvi, in a statement released through a PR firm, has pleaded innocent.

The U.S. Securities and Exchange Commission alleges that Naqvi and his firm raised money for the Abraaj Growth Markets Health Fund, collecting more than $100 million over three years from U.S.-based charitable organizations and other U.S. investors.

Naqvi and Vettivetpillai were arrested in Britain earlier this month. Another executive, Mustafa Abdel-Wadood was arrested at a New York hotel, Assistant U.S. Attorney Andrea Griswold said at a hearing in Manhattan federal court on April 11.

Abdel-Wadood appeared at the Manhattan hearing and pleaded not guilty to securities fraud, wire fraud and conspiracy charges.

(Editing by Jane Merriman)

Source: OANN

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Former Vice President Joe Biden announces his 2020 candidacy
Former U.S. Vice President Joe Biden announces his candidacy for the Democratic presidential nomination in this still image taken from a video released April 25, 2019. BIDEN CAMPAIGN HANDOUT via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

April 26, 2019

By James Oliphant

WASHINGTON (Reuters) – Former U.S. Vice President Joe Biden, in his first interview as a Democratic presidential candidate, said on Friday that he does not believe he treated law professor Anita Hill badly during the 1991 confirmation hearings for Supreme Court Justice Clarence Thomas.

Biden had joined the burgeoning 2020 Democratic field a day earlier.

Biden’s conduct during those hearings, when he was chairman of the U.S. Senate Judiciary Committee, became a renewed subject of controversy after the New York Times reported that Biden had called Hill earlier this month in the run-up to his presidential bid and that Hill was dissatisfied with Biden’s expression of regret.

Appearing on ABC’s “The View,” Biden largely defended his actions as a senator almost 30 years ago, saying he believed Hill’s allegations of sexual harassment levied at Thomas and tried to derail his confirmation.

Activists have long been unhappy that Hill was questioned in graphic detail by the all-white, all-male committee chaired by Biden.

“I’m sorry she was treated the way she was treated,” Biden said, but later, he asserted, “I don’t think I treated her badly. … How do you stop people from asking inflammatory questions?”

“There were a lot of mistakes made across the board and for those I apologize,” he said.

Biden praised Hill as “remarkable” and said she is “one of the reasons we have the #MeToo movement.”

Asked why he had not reached out to Hill earlier, Biden said he had previously publicly stated he had regrets about her treatment and that he “didn’t want to quote invade her space.”

That seemed to be a reference to another controversy that looms over Biden’s presidential run: allegations by several women that he made them uncomfortable by touching them at political events.

Biden also addressed that criticism, saying he was now more “cognizant” about a woman’s “private space.” But he maintained that he had been “trying to bring solace.”

He suggested he was still trying to sort out the guidelines for his conduct going forward.

“I should be able to read better,” he said. “I have to be more careful.”

Pressed by the show’s panel for an apology to his accusers, Biden would not entirely capitulate.

“So, I invaded your space,” he replied. “I mean, I’m sorry this happened. But I’m not sorry in a sense that I think I did anything that was intentionally designed to do anything wrong or be inappropriate.”

Biden, 76, served as former President Barack Obama’s vice president for two terms. He is competing with 19 others for the Democratic presidential nomination and the chance to likely face President Donald Trump next year in the general election.

His first public event as a presidential candidate is scheduled for Monday in Pittsburgh.

(Reporting by James Oliphant; editing by Jonathan Oatis)

Source: OANN

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FILE PHOTO: The logo of Tesla is seen in Taipei
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Noel Randewich

SAN FRANCISCO (Reuters) – Tesla Inc’s stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

With investors betting Tesla will soon raise capital, the stock has fallen 13% for the week to its lowest level since January 2017, before the launch of the Model 3 sedan aimed at making the electric car maker profitable.

One positive development for Tesla: a U.S. District Court judge on Friday granted a request by Musk and the Securities and Exchange Commission for a second extension to resolve a dispute over Musk’s use of Twitter.

On Wednesday, Tesla posted a worse-than-expected loss of $702 million for the March quarter. Musk said Tesla would return to profit in the third quarter and that there was “some merit” to raising capital.

Musk is still battling to convince investors that demand for the Model 3, the company’s first car aimed at the mass consumer market, is “insanely” high, and that it can be delivered efficiently to customers around the world.

Tesla ended its first quarter with $2.2 billion, down from $3.7 billion in the prior quarter, and the company is planning expansions including a Shanghai factory, an upcoming Model Y SUV, and other projects.

(GRAPHIC: Tesla’s cash – https://tmsnrt.rs/2DyJjX6)

On Monday, Musk hosted a self-driving event, where he predicted Tesla would have over a million autonomous vehicles by next year. Some analysts perceived the presentation as a way to deflect attention from questions about demand, margin pressure, increasing competition and even Musk’s ongoing battle with U.S. regulators.

Tesla’s stock has now fallen 29 percent in 2019 and the company’s market capitalization has declined to $41 billion from $63 billion in mid-December.

(GRAPHIC: Tesla’s declining market cap – https://tmsnrt.rs/2Dwd62r)

Analysts now expect Tesla’s revenue to expand 19% in 2019, compared with 83% growth in 2018 and 68% growth in 2017, according to Refinitiv.

Following Tesla’s quarterly report, 12 analysts recommend selling the stock, while 11 recommend buying and eight are neutral. The median analyst price target is $275, up 16% from the stock’s current price of $236. Berenberg analyst Alexander Haissl has the most optimistic price target, at $500, while Cowen and Company’s Jeffrey Osborne has the lowest, at $160, according to Refinitiv.

(Reporting by Noel Randewich; editing by Jonathan Oatis)

Source: OANN

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Former CIA Director John Brennan pushed back Friday on President Trump’s charge that he knew about or participated in an attempt to overthrow the American government.

“I don’t think it’s surprising at all that we continue to hear the sociopathic ramblings of Mr. Trump claiming that there was this effort to try to prevent him from being elected or to unseat him,” he told MSNBC’s Hallie Jackson.

Brennan was reacting to comments Trump made during an interview with Sean Hannity on Thursday night.

Trump specifically criticized Brennan, along with former Director of National Intelligence James Clapper, former FBI Director James Comey, and former Deputy FBI Director Andrew McCabe, in the fiery interview.

ROSENSTEIN SLAMS OBAMA ADMINISTRATION FOR CHOOSING ‘NOT TO PUBLICIZE FULL STORY’ OF RUSSIA HACKING

His comments followed the release of Special Counsel Robert Mueller‘s report which stopped short of accusing the president of either obstruction of justice or collusion with Russia.

Brennan added he welcomed further investigation into his and other officials’ conduct while they served in government. “I’ve testified in front of Congress … Absolutely, I’ll do it again,” he said.

Brennan also disputed Sen. Rand Paul’s, R-Ky., claim that he “insisted that the unverified and fake Steele dossier be included in the Intelligence Report.”

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Journalist Bob Woodward similarly promoted the idea that the CIA pushed to include the Steele dossier in the intelligence community assessment surrounding Russian election interference.

“That’s absolutely incorrect and 180 degrees from the truth. It was CIA that was pushing not to have it included and not to be taken into account at all in that intelligence community assessment.

Source: Fox News Politics

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