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Italy’s fiscal dispute with EU might resume after debt exceeds forecasts

FILE PHOTO: Woman walks past a
FILE PHOTO: A woman walks past a "debt clock" screen, installed by Bruno Leoni Institute's analysts, displaying Italy's public debt at the Termini central station in Rome, Italy February 15, 2018. REUTERS/Alessandro Bianchi/File Photo

April 23, 2019

By Francesco Guarascio

BRUSSELS (Reuters) – Public debt in Greece and Italy, the two most indebted countries in the euro zone, grew last year while the bloc as a whole saw its liabilities decrease, the European Union statistics office said on Tuesday.

Rome’s growing debt, which is also higher than Brussels had predicted, is seen as further stretching EU fiscal rules that require countries with high debts to gradually bring them down.

Italy, whose eurosceptic government adopted free-spending policies last year that have so far had little impact on growth, had debt equivalent to 132.2 percent of national output in 2018, or 2.3 trillion euros ($2.5 trillion), up from 131.4 percent in the previous year, Eurostat said.

Up to 0.2 percent of the Italian debt was due to derivative contracts, which are usually used to hedge against risks but triggered losses for 4.7 billion euros in 2018, Eurostat data show. Other euro zone countries have reduced their debt thanks to derivatives.

Although Rome has decreased its losses on derivatives from the 5.4 billion euros posted in 2017, the negative impact over the country’s debt has exceeded 25 billion since 2015, data show.

The European Commission, which monitors euro zone states’ budgets, refrained in December from starting disciplinary steps against Italy over its growing debt.

It predicted then that Italian debt would be 131.1 percent of gross domestic product in 2018 — lower than Tuesday’s data showed.

The Commission has said it will reassess Rome’s compliance with EU fiscal rules, including the requirement to cut debt, in June, taking into account the final debt data from Eurostat.

A spokeswoman for the EU executive declined to comment on the new figures released by Eurostat.

She said Brussels’ new evaluation of Italy’s position will also be based on new forecasts due in May of debt developments, and on Italy’s report on its fiscal plans for the next three years which Rome had just submitted.

Italy’s 10-year government bond yield jumped to its highest in seven weeks on Tuesday, pushed up mostly by unease over government infighting and an upcoming ratings review.

BUCKING THE TREND

Italy bucked the euro zone trend, as overall debt in the 19-country currency bloc fell to 85.1 percent of GDP last year from 87.1 percent in 2017, Eurostat said.

The bloc’s aggregated budget deficit also dropped to 0.5 percent of GDP from 1.0 percent in 2017.

The fall coincided with Germany’s reduction of its debt to 60.9 percent of GDP, from 64.5 percent in 2017. The bloc’s largest economy also widened its public surplus to 1.7 percent of output from 1.0 percent in 2017.

In Greece, debt climbed to 181.1 percent of GDP in 2018, the largest ratio in the euro zone.

The increase from 176.2 percent in 2017 was mostly due to the last installment of euro zone creditors’ loans as part of the country’s third bailout program which ended last summer.

The recent exit from the bailout program exempts Greece from the normal application of EU rules that require countries with public debt above the 60 percent of GDP threshold allowed by EU law to cut the excess by 5 percent a year.

Cyprus, another of the bloc’s most indebted countries, saw its debt rise to 102.5 percent of GDP from 95.8 percent.

Portugal, which was also bailed out during the euro zone’s debt crisis, saw its debt fall to 121.5 percent of output from 124.8 percent, while Belgium’s debt declined to 102.0 percent of GDP last year from 103.4 percent in 2017.

French public debt was stable at 98.4 percent of output, while the country’s budget deficit dropped to 2.5 percent of GDP from 2.8 percent in 2017.

(Reporting by Francesco Guarascio; additional reporting by Lefteris Papadimas in Athens and Giuseppe Fonte in Rome; Editing by Angus MacSwan)

Source: OANN

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O'Rourke: Being White Male Doesn't Put Me at Disadvantage

Presidential candidate Beto O'Rourke said Saturday that being a white man in a 2020 Democratic field that's so deeply diverse won't be a hindrance because his gender and race have given him inherent advantages for years.

While he'd spoken before about his gender and race, O'Rourke had largely dodged campaign-trail questions about whether his party would go for a white man in a year when a historic number of women and minorities are running to deny President Donald Trump a second term.

"I would never begin by saying that it's a disadvantage at all," O'Rourke told reporters in a parking lot in Waterloo, after giving a speech at the campaign kickoff for state Senate candidate Eric Giddens. "As a white man who has had privileges that others could not depend on or take for granted, I've clearly had advantages over the course of my life."

The former Texas congressman was making a series of stops in Iowa, the state that kicks off the presidential nominating process. Also campaigning Saturday were Sens. Amy Klobuchar, Kirsten Gillibrand, Cory Booker and Bernie Sanders, Washington Gov. Jay Inslee and former Vice President Joe Biden.

O'Rourke called recognizing and understand that and "doing everything I can to ensure that there is opportunity, and the possibility for advancement and advantage for everyone," a big part of the campaign he's running.

O'Rourke said he believes the Democrats seeking the White House in 2020 encompass "the best field that we've ever seen in the nominating process," praising its "diversity of background and experience" and expertise.

He had already said he'd stop making a joke he'd frequently repeated about how his wife, Amy, raising the couple's three young children "sometimes with my help." O'Rourke said that he'd discussed scrapping the joke with Amy and, while she said she understood he was trying to not that she was "taking on the lion's share" of parenting responsibilities, "it came off sounding a little flip."

Other highlights of Saturday's campaigning:

AMY KLOBUCHAR

Democratic presidential candidate Amy Klobuchar criticized Trump for his response to the deadly attack in a New Zealand mosque, telling voters in Iowa "it's our job to stand up against" white supremacism.

Trump played down the threat posed by white nationalism on Friday after the mosque massacre that left 49 people dead. The man accused of the shootings has described himself as a white nationalist who hates immigrants.

Klobuchar spoke about the shooting during a campaign stop in Waterloo, Iowa. The Minnesota senator referenced Trump's comments after a white nationalist rally in Charlottesville, Virginia, in 2017 when he said "both sides" were to blame for violence.

She said, "that other side was white supremacism."

On the policy front, Klobuchar said in Dubuque that as president she would put forward a major infrastructure program that would help address flooding that is hitting parts of the Midwest. Waterloo and Dubuque, both riverfront communities, were bracing for flooding from this year's heavy snowfall.

"We have not been investing like we should" in infrastructure," she said. One option to fund a plan, she said, would be raising the corporate tax rate, which was cut in Trump's 2017 tax bill.

JAY INSLEE

Washington Gov. Jay Inslee called on Republicans to stop following Trump on the issue of climate change.

He said until the GOP joins "the scientific world and the rest of humanity in defeating climate change," only one thing can be done: "Republicans must be defeated, and we should do that every chance we get. I'm totally committed to that."

Voters have "exactly one chance left to defeat climate change," Inslee said.

"And that's during the next administration," he said.

Inslee tied his climate change push to the current debate over whether to end the filibuster in the U.S. Senate.

"Anything that gets in the way of defeating climate change needs to go," he said.

Inslee also criticized Trump for his remarks after the New Zealand shootings, saying the president "uses exactly the same language of this monster who shot Muslims and talked about the invaders." He said the president "continually looks for dog whistles to spread hate rather than for looking for ways to search for the better angels of our nature."

KIRSTEN GILLIBRAND

Sen. Kirsten Gillibrand championed public service opportunities during a campaign stop in New Hampshire, saying the work could help treat some of the woes facing the country today.

The Democratic presidential hopeful said public service "changes your life."

"That's why I want national service," she said. "That's why I want to make it the cornerstone of my presidency."

The New York senator held a civic service round table in Manchester as she finishes a two-day swing through the first-in-the-nation primary state.

"I would like to tell anyone in America, if you're willing to do two years of public service, you can get your college degree paid for," she said. "So if you're willing to do a year and only a year, you can get two years paid for."

BETO O'ROURKE

A fluent Spanish speaker from El Paso, across the Rio Grande from Ciudad Juarez, Mexico, O'Rourke noted that he's the only 2020 candidate from the border "at a time that that dominates so much of our national conversation and legislative efforts and the things that the president talks about."

"There's one candidate whose there to talk about the profoundly positive impact that immigrants have had on our safety and our security, as well as our success and our strength," he said.

O'Rourke plans to campaign in the battleground state of Wisconsin on Sunday, then head to Michigan. His campaign ultimately hopes to drive east until it hits New Hampshire, home of the nation's first presidential primary.

JOE BIDEN

Joe Biden was the scheduled headliner at a Democratic Party dinner in Delaware, his home state, as the former vice president considers whether to make a third White House run.

Biden, 76, who served as President Barack Obama's closest adviser, is the only major contender still on the sidelines and has suggested he could remain there for several more weeks.

BERNIE SANDERS

About 200 people streamed into a sunny park in a suburb of Las Vegas to hear Sen. Bernie Sanders as he made his first appearance in Nevada, the state where he gave Hillary Clinton a surprisingly strong challenge in the 2016 caucuses before she edged out a win.

A group of about a dozen protesters carrying signs supportive of Trump or decrying Sanders as a socialist lined the road to greet supporters of the Vermont senator.

The self-described democratic socialist's rally in Henderson followed an announcement Friday that his presidential campaign staffers became the first in history to unionize. That was expected to bolster goodwill among labor unions who power Nevada Democrats, including the influential casino workers' Culinary Union.

Woodall reported from Exeter, New Hampshire. Associated Press writers Sara Burnett and Will Weissert in Waterloo, Iowa, and Michelle Price in Las Vegas contributed to this report.

Source: NewsMax Politics

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Researchers Swapping Gut Bacteria to Conquer Aging Brains

A study in mice has indicated that the make-up of bacteria in the gut is linked with learning abilities and memory, providing a potential avenue of research into how to maintain cognitive functioning as we age.

It’s part of a field of research looking at the link between gut bacteria and aging to help people live healthier lives in old age. The proportion of the EU population aged 80 or over is predicted to more than double between 2017 and 2080, with those aged 65-plus rising from 20 to almost 30%.

However, the connection between the make-up of microbiota in the gut, brain functions and aging has been unclear – with cause and effect difficult to establish.

Dr. Damien Rei, a postdoctoral researcher into neurodegenerative and psychiatric diseases at the Pasteur Institute in France, decided to examine the different types of microbiome that appear in younger and older mice to understand better what might happen in people too.

He found that when he transferred gut bacteria in older mice to young adult mice, there was a strong effect on reducing learning and memory. And when the opposite was done, with older mice receiving microbiota from younger mice, their cognitive abilities returned to normal. The older mice were aged about a year and a half – equivalent to about 60-plus human years.

‘Despite being aged animals, their learning abilities were almost indistinguishable from those of young adult mice after the microbiota transfer,’ said Dr. Rei – adding that this indicated strong communication between the gut and brain. ‘When I saw the data, I couldn’t believe it. I had to redo the experiment at least a couple of times.’

Furthermore, by seeing what was happening to the neuronal pathways of communication between the gut and brain when the aged microbiota was transferred to the younger mice, they were then able to manipulate these pathways. By doing this, he says they could block or mimic the effects of the aged microbiota.

Dr. Rei’s study, which was carried out as part of a project called Microbiota and Aging, has not yet been published, but he hopes this could happen by the end of the summer. He is also looking into human gut microbiota in older people and those with Alzheimer’s disease, but said it is too early to reveal further details about this research.

David Knight explains how smart devices are a continuation of MK-Ultra — but far more dangerous.

Translating

However, Dr. Rei pointed out that there is a big challenge in translating results in mice to people, not only because of the significant ethical barriers, but also the differences in physiology. ‘The immune system of a mouse is very different to one of a human. The gut microbiota is also very different because mice eat very different things to what we do,’ he said.

Research is still a long way off from making real inroads into using this type of research to combat neurodegenerative diseases such as Alzheimer’s, says Dr. Rei. Indeed, he says, there is no convincing evidence yet that looking at the gut microbiota is the way to go. But he believes the mouse study opens doors to further investigation into mechanisms behind age-related changes.

‘The data on the mice was really the first stepping stone, and it was a way for us to understand the potential of manipulating the gut microbiota,’ said Dr. Rei.

Pinning down the link between gut bacteria and aging is not straightforward, according to Dr. Thorsten Brach, a postdoctoral researcher at the University of Copenhagen in Denmark.

‘It’s known that aging is a multifactorial process and it’s hard, especially when it comes to the microbiome, to separate the effects of aging specifically from all other aspects,’ he said.

He worked on a project called Gut-InflammAge, which looked at the link between gut microbes, inflammation and aging, led by associate professor Manimozhiyan Arumugam.

(Photo by Pixabay / ColiN00B / CC0 Creative Commons)

As part of their work, the team investigated the effects of mild periodic calorie restriction in mice to explore the potential impact of healthy-aging diets involving fasting. Unexpectedly, calorie-restricted mice accumulated more body fat – which the researchers speculate may have been down to overeating between these periods – but also saw a mild ‘rejuvenation’ of their blood profile so it more closely resembled that of younger mice.

The researchers did observe a difference between the microbiota composition in the different groups, but overall in the study the differences found were not big enough to suggest more than healthy variability between individuals. The study therefore supported the view that diet and lifestyle are more critical than age and gender in shaping the microbiota, said the researchers – though Prof. Arumugam said it would be more revealing to follow changes in individual people’s microbiomes over time.

The studies carried out so far indicate there is still a long way to go in painting an accurate picture of the link between microbiota and the aging process. Prof. Arumugam also pointed out that microbiome analysis is lagging behind technologically compared with genetics research, with disease cause and effect harder to establish than with genes.

But research is gradually improving our understanding. Prof. Arumugam said that though his team’s study did not achieve a ‘breakthrough’, it helped give more insight into this area and raised questions over previous assumptions.

And research in this area could ultimately change how we view aging, says Dr. Rei, seeing it as more fluid than just ‘a totally one-way road with no turning back, except in the movies like Benjamin Button.’

Alex Jones calls to set the record straight on the leading rumors involving the Deep State’s coup against Trump.

Source: InfoWars

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Why Trump Is In Full Control of the Republican Party

For years, Republican voters wanted someone — anyone — to come along and do two things: stick it to the Clintons and punch back against the media-Democratic Party alliance that fires on every Republican brave enough to stick a head out of the foxhole.

Read Full Article »

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Trump Claims He Could Fix ‘Stupid Democrat Inspired Immigration Laws’ in Less Than an Hour

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WHO: Death toll from fighting over Libyan capital now at 205

The World Health Organization says the death toll from this month's fighting between rival Libyan factions for control of the country's capital, Tripoli, has risen to 205.

The clashes threaten to ignite a civil war on the scale of the 2011 uprising that toppled and killed longtime dictator Moammar Gadhafi.

WHO said Wednesday it's deploying medical specialists, including surgeons needed to treat the wounded, whose number has reached 913. It wasn't clear how many among the dead are civilians.

Fighting over Tripoli erupted earlier this month, pitting the self-styled Libyan National Army, which is led by commander Khalifa Hifter and aligned with a rival government based in the country's east, against militias affiliated with Tripoli's U.N.-supported government.

The U.N. says more than 25,000 people have been displaced in the clashes.

Source: Fox News World

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Jet Airways lenders ‘reasonably hopeful’ of successful bids for grounded airline

FILE PHOTO: Jet Airways aircrafts are seen parked at the Indira Gandhi International Airport in New Delhi
FILE PHOTO: Jet Airways aircrafts are seen parked at the Indira Gandhi International Airport in New Delhi, India, April 13, 2019. REUTERS/Anushree Fadnavis/File Photo

April 18, 2019

MUMBAI (Reuters) – Lenders to India’s Jet Airways Ltd said on Thursday they are “reasonably hopeful” that the bidding process for the grounded airline will end successfully.

Jet Airways, once India’s largest private airline, on Wednesday evening halted all flight operations indefinitely after lenders led by State Bank of India declined to extend more funds to keep it going.

“The lenders after due deliberations decided that the best way forward for the survival of Jet Airways is to get the binding bids from potential investors who have expressed EOI and have been issued bid documents on 16th April,” the lenders said in a statement, referring to expressions of interest.

“Lenders are reasonably hopeful that the bid process is likely to be successful in determining fair value of the enterprise in a transparent manner.”

(Reporting by Tanvi Mehta, writing by Jamie Freed; Editing by Himani Sarkar)

Source: OANN

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Representatives of Russian Transneft, Ukranian Ukrtransnafta, Polish Pern and Belarusian Belneftekhim gather to hold talks on fixing tainted oil supplies to Europe, in Minsk
Representatives of Russian Transneft, Ukranian Ukrtransnafta, Polish Pern and Belarusian Belneftekhim gather to hold talks on fixing tainted oil supplies to Europe, in Minsk, Belarus April 26, 2019. REUTERS/Vasily Fedosenko

April 26, 2019

By Katya Golubkova and Andrei Makhovsky

MOSCOW/MINSK (Reuters) – Russia is confident it can soon resolve a problem of polluted Russian oil contaminating a major pipeline serving Europe and affecting supplies as far west as Germany, a senior official said on Friday at talks with importers about the issue.

Russian Deputy Energy Minister Pavel Sorokin did not give a precise timeframe but Moscow has previously said it would pump clean oil to the border with Belarus from April 29, seeking to end a crisis hitting the world’s second-largest crude exporter.

Sorokin was speaking at talks with officials from Belarus, Poland and Ukraine in Minsk on the issue. Belarus said the issue had cost it $100 million, while analysts say alternative supply routes for refiners cannot fully fill the gap.

Poland, Germany, Ukraine and Slovakia have suspended imports of Russian oil via the Druzhba pipeline. Halting those supplies has knock-on effects further along the network.

The problem arose last week when an unidentified Russian producer contaminated oil with high levels of organic chloride used to boost oil output but which must be separated before shipment as it can destroy refining equipment.

Russia’s Energy Ministry said pipeline monopoly Transneft and other Russian companies had a plan to mitigate the effects of the contaminated oil. It did not give details.

Russian officials have said contaminated oil has already been pumped into storage in Russia and Friday’s talks would focus on how to partially withdraw the tainted crude from the Druzhba pipeline running via other countries.

The suspension cuts off a major supply route for Polish refineries owned by Poland’s PKN Orlen and Grupa Lotos, as well as plants in Germany owned by Total, Shell, Eni and Rosneft.

Some refiners have outlined plans for alternative supplies, but analysts say other routes cannot meet the shortfall.

OIL PRICES

Ukraine’s Ukrtransnafta suspended the transit of oil through the pipeline on Thursday, closing supplies via Druzhba’s southern route to Slovakia, the Czech Republic and Hungary.

The pipeline issue, which has supported global oil prices, lifted Russian Urals crude differentials to an all-time high on Thursday.

With pipeline supplies to Europe shut, Russia faces a challenge of how to divert about 1 million barrels per day (bpd) that was meant to be shipped through the network to other destinations at the time when export capacity is at its limits.

State-run Russian Railways held talks with energy firms on using up to 5,000 rail tankers to transport crude, RIA news agency reported on Friday.

Concerns about the quality of Urals crude also caused delays in loadings at the Baltic port of Ust-Luga, when buyers refused to lift cargoes, resulting in a brief shutdown of the port on Wednesday and Thursday. An Ust-Luga official and traders said on Friday loadings had resumed.

Russian loading plans indicate it aims to boost Urals exports in May before the expiry of a deal on output cuts agreed with the Organization of the Petroleum Exporting Countries and its allies, Reuters calculations and Energy Ministry data show.

The provisional loading plan for Russia’s Baltic Sea ports and Novorossiisk in May show exports rising to 10.7 million tonnes, the highest level in half a decade.

Minsk estimated its loss from lower oil product exports due to contaminated Russian oil at around $100 million, Russia’s Interfax news agency reported on Thursday, citing Belarusian state oil company Belneftekhim.

Russian Deputy Prime Minister Dmitry Kozak, in charge of government energy policy, said this week that those found responsible for contaminating the oil could be fined. He did not provide names.

(Reporting by Agnieszka Barteczko in WARSAW, Sandor Peto in BUDAPEST, Jason Hovet in PRAGUE, Matthias Williams and Natalia Zinets in KIEV, Katya Golubkova, Olesya Astakhova, Gleb Gorodyankin, Olga Yagova and Maxim Rodionov in MOSCOW, Andrei Makhovsky in MINSK; writing by Katya Golubkova; editing by Michael Perry and Edmund Blair)

Source: OANN

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FILE PHOTO - A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat
FILE PHOTO: A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave/File Photo

April 26, 2019

(Reuters) – India has once again delayed the implementation of higher tariffs on some goods imported from the United States to May 15, a government official said on Friday.

The new tariff structure was to come into force from May 2, the spokeswoman said without citing reasons for the delay.

Angered by Washington’s refusal to exempt it from new steel and aluminum tariffs, New Delhi decided in June last year to raise the import tax from Aug. 4 on some U.S. products including almonds, walnuts and apples.

But since then, New Delhi has repeatedly delayed the implementation of the new tariff.

Trade friction between India and the U.S. has escalated after U.S. President Donald Trump announced plans earlier this year to end preferential trade treatment for India that allows duty-free entry for up to $5.6 billion worth of its exports to the United States.

In a further blow, U.S. on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions, ending six months of waivers which allowed Iran’s eight biggest buyers including India to continue importing limited volumes.

(Reporting by Manoj Kumar in New Delhi and Kanishka Singh in Bengaluru; Editing by Anil D’Silva and Raissa Kasolowsky)

Source: OANN

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One of Joe Biden’s newly-hired senior advisers has seemingly had a very recent change of heart.

Symone Sanders, a prominent Democratic strategist and Sen. Bernie Sanders, I-Vt., staffer in 2016, was announced as one of the big-name members of Team Biden on Thursday.

But Sanders, who has also served as a CNN contributor, is seen in resurfaced footage from November 2016 expressing her opposition to a white person leading her party after Donald Trump’s election.

“In my opinion, we don’t need white people leading the Democratic party right now,” Sanders told host Brianna Keilar during a discussion on Howard Dean potentially becoming DNC chairman.

BIDEN HIRES FORMER BERNIE SANDERS’ SPOKESPERSON AS SENIOR ADVISER

“The Democratic party is diverse, and it should be reflected as so in leadership and throughout the staff, at the highest levels. From the vice chairs to the secretaries all the way down to the people working in the offices at the DNC,” she said.

Sanders wrapped up her remarks by saying: “I want to hear more from everybody. I want to hear from the millennials and the brown folks.”

Footage of the interview was resurfaced by RealClearPolitics.

After news of her hiring broke on Thursday, Sanders backed her new boss on Twitter.

TRUMP ASSESSES 2020 DEMS; TAKES SWIPES AT BIDEN, SANDERS; DISMISSES HARRIS, O’ROURKE; SAYS HE’S ROOTING FOR BUTTIGIEG

“@JoeBiden & @DrBiden are a class act. Over the course of this campaign, Vice President Biden is going to make his case to the American ppl. He won’t always be perfect, but I believe he will get it right,” she wrote.

The hiring of Sanders has been viewed as another indication of the expected tough fight that Biden and Sanders are in for as the two frontrunners battle a deep Democratic field.

While Sanders himself didn’t torch Biden as he jumped into the race, it’s clear that many of his progressive supporters view the former vice president as a threat.

Biden’s entry into the race – at least in the early going – sets up a battle between himself and Sanders, who thanks to his fierce fight with eventual nominee Hillary Clinton for the 2016 Democratic nomination, enjoys name ID on the level of the former vice president.

BIDEN VOWS THAT ‘AMERICA IS COMING BACK,’ SPARKING ‘MAGA’ COMPARISONS

Justice Democrats — who also called Biden “out-of-touch” – is an increasingly influential group among the left of the party. They’ve championed progressive Rep. Alexandria Ocasio-Cortez of New York as well as Sanders. The group was founded by members of Sanders 2016 presidential campaign.

Biden has pushed back against the perception that he’s a moderate in a party that’s increasingly moving to the left. Earlier this month he described himself as an “Obama-Biden Democrat.”

And Biden said he’d stack his record against “anybody who has run or who is running now or who will run.”

Former Democratic National Committee chair Donna Brazile – a Fox News contributor – highlighted that “Joe Biden can occupy his own lane in large part because he’s earned it. He’s earned the right to call himself whatever.”

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But she emphasized that “elections are not about the past, they’re about the future…I do believe he has the right ingredients. The question is can he find enough people to help him stir the pot.”

Fox News Andrew O’Reilly contributed to this report.

Source: Fox News Politics

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Baltimore Mayor Catherine Pugh, who is facing increased calls for her immediate resignation, remains in poor health and is not “lucid” enough to decide whether to step down, her attorney told reporters late Thursday.

Steve Silverman, speaking outside one of Pugh’s residences which was raided by the FBI and IRS earlier in the day, said the embattled city leader could make a decision as early as next week.

“She is leaning toward making the best decision in the best interest in the citizens of Baltimore City,” he said, adding that Pugh has “several options” to consider.

“She just needs to be physically and mentally sound and lucid enough to make appropriate decisions.”

BALTIMORE MAYOR CATHERINE PUGH, ON LEAVE AMID BOOK PROBE, HAS HOMES AND CITY HALL OFFICE RAIDED BY FEDS

Silverman said Pugh met with a doctor at home Thursday and plans to do so again Friday, the Baltimore Sun reported.

In the latest image-tarnishing scandal for struggling Baltimore, the first-term Democratic mayor faces accusations that she used children’s book deals to cover up kickbacks for favorable treatment as a state lawmaker and city leader that earned her roughly $800,000 over several years.

BALTIMORE’S ACTING MAYOR SAYS HE ‘WOULD HATE TO SEE’ EMBATTLED MAYOR RETURN AFTER BOOK SCANDALS

As a state senator, 69-year-old Pugh sold $500,000 worth of her self-published “Healthy Holly” illustrated paperbacks to the University of Maryland Medical System, a major state employer whose board she sat on for nearly 20 years.

Baltimore police officers stand outside the house of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Pugh and also in City Hall. (AP Photo/Jose Luis Magana)

Baltimore police officers stand outside the house of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Pugh and also in City Hall. (AP Photo/Jose Luis Magana)

UMMS reportedly paid Pugh for 100,000 copies of her books between 2011 and 2018 with the stated intention of distributing the books to schools and day care centers. But some 50,000 copies remain unaccounted for and officials are probing if they were even printed.

Pugh also made $300,000 in bulk sales to other customers including health carriers that did business with the city of Baltimore.

BALTIMORE CITY COUNCIL CALLS ON EMBATTLED MAYOR CATHERINE PUGH TO RESIGN IMMEDIATELY

The politically isolated Pugh slipped out of sight on April 1 after a hastily organized press conference where she called her no-contract book deals a “regrettable mistake.” That same day, Maryland’s governor called on the state prosecutor to investigate allegations of “self-dealing.”

Pugh took an indefinite leave of absence, citing her health deteriorating intensely after a bout with pneumonia.

Federal agents arrive at the Maryland Center for Adult Training in Baltimore. MD, Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall, as well as the office of her lawyer and the home of a top aide.

Federal agents arrive at the Maryland Center for Adult Training in Baltimore. MD, Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall, as well as the office of her lawyer and the home of a top aide. (Loyd Fox/Baltimore Sun via AP)

On Thursday morning, agents with the FBI and IRS searched her two Baltimore homes, her City Hall offices, and a nonprofit organization she once led. The home of at least one of Pugh’s aides was also scoured.

Silverman said federal agents also served a subpoena at his law firm, retrieving Pugh’s original financial records. They did not seek any attorney-client privileged communications, he said.

Pugh’s attorney said she was “emotionally extremely distraught” following the searches by FBI and IRS agents.

“There was nothing incriminating that came out of her home,” Silverman said.

UMMS spokesman Michael Schwartzberg told reporters that the medical system received a grand jury witness subpoena seeking documents and information related to Pugh.

Other probes against Pugh include a review by the city ethics board and the Maryland Insurance Administration.

BALTIMORE MAYOR’S $500G DEAL FOR ‘HEALTHY HOLLY’ CHILDREN’S BOOKS DRAWS SCRUTINY

In recent weeks, the calls for Pugh’s resignation have intensified with the strongest voice coming from Republican Gov. Larry Hogan, who did not mince words after Thursday’s early morning raids.

“Now more than ever, Baltimore City needs strong and responsible leadership. Mayor Pugh has lost the public trust,” he said. “She is clearly not fit to lead. For the good of the city, Mayor Pugh must resign.”

Federal Bureau of Investigation, and Internal Revenue Service agents search the home of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall.

Federal Bureau of Investigation, and Internal Revenue Service agents search the home of Baltimore Mayor Catherine Pugh in Baltimore, MD., Thursday, April 25, 2019. Agents with the FBI and IRS are gathering evidence inside the two homes of Baltimore Mayor Catherine Pugh and in City Hall. (Jerry Jackson/Baltimore Sun via AP)

Many of her fellow Democrats, including those on Baltimore’s demoralized City Council and state lawmakers, are also insisting that Pugh put the citizens’ interests above any attempt to preserve her political career.

City Council member Brandon Scott called the Thursday raids “an embarrassment to the city.”

However, only a conviction can trigger a mayor’s removal from office, according to the city solicitor. Baltimore’s mayor-friendly City Charter currently provides no options for ousting its executive.

Six of Pugh’s staffers joined her on paid leave earlier this month; three of them were fired this week by the acting mayor.

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Pugh came to office in late 2016 after edging out ex-Mayor Sheila Dixon, who had spent much of her tenure fighting corruption charges before being forced to depart office in 2010 as part of a plea deal connected to the misappropriation of about $500 in gift cards meant for needy families.

She would certainly face a bruising 2020 Democratic primary if she were to return and run for reelection. Veteran City Council leader Bernard “Jack” Young, who is serving as acting mayor, said as she went on leave that he would merely be a placeholder. But this week, before the raids, he said “it could be devastating for her” if she tried to return.

The Associated Press contributed to this report.

Source: Fox News National

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Syria’s ambassador to the United Nations has blasted the United State and the European Union for imposing sanctions on his country, describing them as “economic terrorism.”

Bashar Ja’afari made his comments Friday in the Kazakh capital of Astana where Russia, Turkey and Iran held a new round of talks with the Syrian government and the opposition on steps to bring peace to the country.

His comments came as government-held parts of Syria are witnessing widespread fuel shortages that are largely the result of Western sanctions on Syria and its key ally Iran.

Ja’afari says: “This is economic terrorism that is escalating through unilateral economic measures.”

A final statement issued at the end of Astana’s 12th round rejected President Donald Trump’s formal recognition of Israel’s sovereignty over Syria’s occupied Golan Heights.

Source: Fox News World

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