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Australian Prime Minister Morrison speaks to the media as he arrives at the Horizon Church in Sutherland
FILE PHOTO: Australian Prime Minister Scott Morrison speaks to the media as he arrives at the Horizon Church in Sutherland in Sydney, Australia, May 19, 2019. AAP Image/Joel Carrett/via REUTERS

May 26, 2019

By Alison Bevege

SYDNEY (Reuters) – Australian Prime Minister Scott Morrison named his new cabinet on Sunday, with most positions staying the same, saying the government had “a significant agenda” to deliver and it was time to get back to business.

“I have high expectations of my ministry and clear goals for each of their roles,” he said in an emailed statement.

Incoming Defence Minister Linda Reynolds, who served in the Army Reserves for almost three decades and rose to the rank of brigadier, replaces Christopher Pyne who has retired.

Foreign Minister Marise Payne retains her position as does Home Affairs Minister Peter Dutton, Treasurer Josh Frydenberg, Finance Minister Mathias Cormann, Trade Minister Simon Birmingham, Energy Minister Angus Taylor and Attorney General Christian Porter.

A priority of the re-elected Liberal National coalition is to deliver tax cuts by July 1, a cornerstone of its election campaign, as the central bank has called for stimulus to aid a slowing economy.

Morrison entered this month’s election at the head of a minority government after a series of defections, unable to pursue its legislative agenda without the support of independent lawmakers and minor parties.

A surprise victory, however, secured the coalition an outright majority, removing the legislative uncertainty.

Official counting has not yet finished with three seats still in doubt, but the Electoral Commission said Morrison’s coalition leads in an outright majority of 78 seats in parliament which has 151 elected lawmakers.

The opposition Labor party is expected to win 67 seats and there are six crossbenchers made up of minor parties and independents.

Morrison also created a national agency for Indigenous Australians which would report directly to new Indigenous Affairs Minister Ken Wyatt, the first Aboriginal cabinet minister.

(Editing by Nick Macfie)

Source: OANN

FILE PHOTO: U.S. President Trump speaks at the Wounded Warrior Project Soldier Ride event in the East Room of the White House in Washington
FILE PHOTO: U.S. President Donald Trump reacts as he speaks at the Wounded Warrior Project Soldier Ride event after the release of Special Counsel Robert Mueller’s report, in the East Room of the White House in Washington, U.S., April 18, 2019. REUTERS/Carlos Barria/File Photo

May 25, 2019

By Katanga Johnson

WASHINGTON (Reuters) – Deutsche Bank AG and Capital One Financial Corp will not have to immediately hand over the financial records of U.S. President Donald Trump, three of his children and the Trump Organization, according to a court filing on Saturday.

The filing in U.S. District Court for the Southern District of New York followed an appeal submitted on Friday by Trump and his affiliates against an existing order from a federal judge allowing the banks to hand over financial records to Democratic lawmakers.

Amid an ongoing legal battle between the Republican president and Democrats in Congress, the agreement to hold off for now on enforcing the subpoenas for Trump’s financial records was a rare accord between Trump’s attorneys, the banks and the House Intelligence and the Financial Services Committees.

“The parties have reached an agreement regarding compliance with and enforcement of the subpoenas” while the appeal to the 2nd U.S. Circuit Court of Appeals is pending, the filing said.

Parts of the subpoenas have been included in court filings. The subpoena on Deutsche Bank seeks records of accounts, transactions and investments linked to Trump, his three oldest children, their immediate family members and several Trump Organization entities, as well as records of ties they might have to foreign entities.

Deutsche Bank has long been a principal lender for Trump’s real estate business and a 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.

The subpoena on Capital One seeks records related to multiple entities tied to the Trump Organization’s hotel business. It followed an informal request to the bank by Democratic lawmakers in March seeking records related to potential conflicts of interest tied to Trump’s Washington hotel and other businesses.

A lawyer for the Trumps argued earlier this week that the subpoenas exceeded the authority of Congress and were “the epitome of an inquiry into private or personal matters.”

U.S. District Judge Edgardo Ramos, however, found that they were allowed under the broad authority of Congress to conduct investigations to further legislation.

(Reporting by Katanga Johnson; Editing by Daniel Wallis)

Source: OANN

Deutsche Bank AG and Capital One Financial Corp will not have to immediately hand over the financial records of U.S. President Donald Trump, three of his children and the Trump Organization, according to a court filing on Saturday.

The filing in U.S. District Court for the Southern District of New York followed an appeal submitted on Friday by Trump and his affiliates against an existing order from a federal judge allowing the banks to hand over financial records to Democratic lawmakers.

Amid an ongoing legal battle between the Republican president and Democrats in Congress, the agreement to hold off for now on enforcing the subpoenas for Trump’s financial records was a rare accord between Trump’s attorneys, the banks and the House Intelligence and the Financial Services Committees.

“The parties have reached an agreement regarding compliance with and enforcement of the subpoenas” while the appeal to the 2nd U.S. Circuit Court of Appeals is pending, the filing said.

Parts of the subpoenas have been included in court filings. The subpoena on Deutsche Bank seeks records of accounts, transactions and investments linked to Trump, his three oldest children, their immediate family members and several Trump Organization entities, as well as records of ties they might have to foreign entities.

Deutsche Bank has long been a principal lender for Trump’s real estate business and a 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.

The subpoena on Capital One seeks records related to multiple entities tied to the Trump Organization’s hotel business. It followed an informal request to the bank by Democratic lawmakers in March seeking records related to potential conflicts of interest tied to Trump’s Washington hotel and other businesses.

A lawyer for the Trumps argued earlier this week that the subpoenas exceeded the authority of Congress and were “the epitome of an inquiry into private or personal matters.”

U.S. District Judge Edgardo Ramos, however, found that they were allowed under the broad authority of Congress to conduct investigations to further legislation.

Source: NewsMax Politics

FILE PHOTO: French police apprehend protesters during the May Day march involving French unions and yellow vest protesters in Paris
FILE PHOTO: French police apprehend protesters during the May Day march involving French unions and yellow vest protesters in Paris, France, May 1, 2019. REUTERS/Philippe Wojazer/File Photo

May 25, 2019

By Inti Landauro

PARIS (Reuters) – Yellow vest protesters clashed with riot police in Paris and the northern city of Amiens on Saturday as the French anti-government movement waned on its 28th straight weekend.

Police in Amiens, hometown of President Emmanuel Macron, fired teargas at about 1,200 demonstrators after a group pelted stones at police, attacked local bank branches and set fire to rubbish cans, the local police chief’s office said.

Police detained 27 people in the city.

A few hundred protesters also clashed with police in downtown Paris, in and around the Place de la Republique.

After more than six months, the grassroots movement protesting over the cost of living and Macron’s perceived indifference seems to be losing steam.

Around the country only 12,500 demonstrators took to the streets during the latest day of protests, the lowest turnout since the movement started, the French interior ministry said. At the peak in November more than 300,000 were taking part nationally.

The prolonged protests, named after the high-visibility jackets worn by participants and which began in opposition to fuel tax increases, have hampered Macron’s efforts to push his reform timetable and forced him into costly concessions.

Despite Macron’s swift reversal of the tax hikes and introduction of other measures worth more than 10 billion euros ($11 billion) to boost the purchasing power of lower-income voters, protests and riots continued all over the country.

As he was celebrating his second anniversary in power, Macron last month offered more tax cuts worth 5 billion euros, along with other measures.

The protests also battered Macron’s party in its campaign for European elections to be held on Sunday. La Republique en Marche is polling neck-and-neck with the far-right National Rally.

(Reporting by Inti Landauro; Editing by David Holmes)

Source: OANN

FILE PHOTO: French police apprehend protesters during the May Day march involving French unions and yellow vest protesters in Paris
FILE PHOTO: French police apprehend protesters during the May Day march involving French unions and yellow vest protesters in Paris, France, May 1, 2019. REUTERS/Philippe Wojazer/File Photo

May 25, 2019

By Inti Landauro

PARIS (Reuters) – Yellow vest protesters clashed with riot police in Paris and the northern city of Amiens on Saturday as the French anti-government movement waned on its 28th straight weekend.

Police in Amiens, hometown of President Emmanuel Macron, fired teargas at about 1,200 demonstrators after a group pelted stones at police, attacked local bank branches and set fire to rubbish cans, the local police chief’s office said.

Police detained 27 people in the city.

A few hundred protesters also clashed with police in downtown Paris, in and around the Place de la Republique.

After more than six months, the grassroots movement protesting over the cost of living and Macron’s perceived indifference seems to be losing steam.

Around the country only 12,500 demonstrators took to the streets during the latest day of protests, the lowest turnout since the movement started, the French interior ministry said. At the peak in November more than 300,000 were taking part nationally.

The prolonged protests, named after the high-visibility jackets worn by participants and which began in opposition to fuel tax increases, have hampered Macron’s efforts to push his reform timetable and forced him into costly concessions.

Despite Macron’s swift reversal of the tax hikes and introduction of other measures worth more than 10 billion euros ($11 billion) to boost the purchasing power of lower-income voters, protests and riots continued all over the country.

As he was celebrating his second anniversary in power, Macron last month offered more tax cuts worth 5 billion euros, along with other measures.

The protests also battered Macron’s party in its campaign for European elections to be held on Sunday. La Republique en Marche is polling neck-and-neck with the far-right National Rally.

(Reporting by Inti Landauro; Editing by David Holmes)

Source: OANN

FILE PHOTO: French police apprehend protesters during the May Day march involving French unions and yellow vest protesters in Paris
FILE PHOTO: French police apprehend protesters during the May Day march involving French unions and yellow vest protesters in Paris, France, May 1, 2019. REUTERS/Philippe Wojazer/File Photo

May 25, 2019

By Inti Landauro

PARIS (Reuters) – Yellow vest protesters clashed with riot police in Paris and the northern city of Amiens on Saturday as the French anti-government movement waned on its 28th straight weekend.

Police in Amiens, hometown of President Emmanuel Macron, fired teargas at about 1,200 demonstrators after a group pelted stones at police, attacked local bank branches and set fire to rubbish cans, the local police chief’s office said.

Police detained 27 people in the city.

A few hundred protesters also clashed with police in downtown Paris, in and around the Place de la Republique.

After more than six months, the grassroots movement protesting over the cost of living and Macron’s perceived indifference seems to be losing steam.

Around the country only 12,500 demonstrators took to the streets during the latest day of protests, the lowest turnout since the movement started, the French interior ministry said. At the peak in November more than 300,000 were taking part nationally.

The prolonged protests, named after the high-visibility jackets worn by participants and which began in opposition to fuel tax increases, have hampered Macron’s efforts to push his reform timetable and forced him into costly concessions.

Despite Macron’s swift reversal of the tax hikes and introduction of other measures worth more than 10 billion euros ($11 billion) to boost the purchasing power of lower-income voters, protests and riots continued all over the country.

As he was celebrating his second anniversary in power, Macron last month offered more tax cuts worth 5 billion euros, along with other measures.

The protests also battered Macron’s party in its campaign for European elections to be held on Sunday. La Republique en Marche is polling neck-and-neck with the far-right National Rally.

(Reporting by Inti Landauro; Editing by David Holmes)

Source: OANN

Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai
Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai, November 29, 2017. REUTERS/Danish Siddiqui/File Photo

May 25, 2019

(Reuters) – Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving India on Saturday at Mumbai airport, according to an airport official who asked not to be named.

The couple were taken into custody by immigration officers, the Indian Express reported, citing sources.

The airport official did not confirm that the couple had been detained.

It was not immediately clear why the couple had been prevented from traveling, or whether it was related to reported regulatory probes into the airline.

It was not immediately possible to reach either the Goyals or Jet for comment late Saturday.

Local media said the Goyals had been traveling to Dubai for a connecting flight to London.

Local media, citing sources, reported earlier this month that the ministry of corporate affairs had been looking into Jet’s books and had asked for a corporate fraud investigation into the airline, suspecting that its promoters siphoned off funds.

Jet said at the time that it had complied with all regulations. The Goyals did not comment on the reports at the time.

Once one of India’s largest carriers, Jet was forced to ground all flights last month after running out of money and failing to secure funds, crippled by mounting losses as it attempted to compete with low-cost rivals.

The carrier is saddled with some $1.2 billion in bank debt, and Goyal and his wife stepped down from the airline’s board in March amid the crisis.

(Reporting by Maria Ponnezhath, Rajendra Jadhav, and Zeba Siddiqui; Editing by Frances Kerry)

Source: OANN

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Primarily through his son Hunter, former vice president and now 2020 presidential candidate Joe Biden has been “offshoring” corruption, contends investigative journalist and author Peter Schweizer.

He explains in the first episode of a new series called “The Drill Down with Peter Schweizer” that bank documents entered in a court case “shed light on just how much money [foreign] oligarchs were sending to the Biden family while he was vice president.”

As WND reported in an interview story, Schweizer’s 2018 bestselling book “Secret Empires: How Our Politicians Hide Corruption and Enrich Their Families and Friends” spells out the financial deals Hunter Biden’s private equity firm secured in Ukraine and China while his father, as vice president, was negotiating U.S. foreign policy with those countries.

Schweizer’s book centers on what he calls “corruption by proxy,” in which family and friends of powerful political figures position themselves as middlemen, creating “previously unimaginable pathways to wealth.”

Regarding the Bidens, the records of just one bank account show $3.1 million from the Ukrainians flowed in over an 18-month period, Schweizer said.

“There was $142,000 that showed up from a Kazakh oligarch, and then there was a mysterious $1.2 million from a limited liability company that nobody seems to know where it exists [and] that funneled the money to a small Swiss bank that has been implicated in international money laundering,” Schweizer said.

Flowing out of the account, he said, is “hundreds of thousands of dollars into the personal banking accounts of Hunter Biden himself.”

Read more at https://www.wnd.com/2019/05/biden-money-trail-exposed-in-court-documents/#zwiLlZRsRRdDYVwP.99

Spread the love

Primarily through his son Hunter, former vice president and now 2020 presidential candidate Joe Biden has been “offshoring” corruption, contends investigative journalist and author Peter Schweizer.

He explains in the first episode of a new series called “The Drill Down with Peter Schweizer” that bank documents entered in a court case “shed light on just how much money [foreign] oligarchs were sending to the Biden family while he was vice president.”

As WND reported in an interview story, Schweizer’s 2018 bestselling book “Secret Empires: How Our Politicians Hide Corruption and Enrich Their Families and Friends” spells out the financial deals Hunter Biden’s private equity firm secured in Ukraine and China while his father, as vice president, was negotiating U.S. foreign policy with those countries.

Schweizer’s book centers on what he calls “corruption by proxy,” in which family and friends of powerful political figures position themselves as middlemen, creating “previously unimaginable pathways to wealth.”

Regarding the Bidens, the records of just one bank account show $3.1 million from the Ukrainians flowed in over an 18-month period, Schweizer said.

“There was $142,000 that showed up from a Kazakh oligarch, and then there was a mysterious $1.2 million from a limited liability company that nobody seems to know where it exists [and] that funneled the money to a small Swiss bank that has been implicated in international money laundering,” Schweizer said.

Flowing out of the account, he said, is “hundreds of thousands of dollars into the personal banking accounts of Hunter Biden himself.”

Read more at https://www.wnd.com/2019/05/biden-money-trail-exposed-in-court-documents/#zwiLlZRsRRdDYVwP.99

Illustration picture showing U.S. dollar and China's yuan banknotes
A U.S. dollar banknote featuring American founding father Benjamin Franklin and a China’s yuan banknote featuring late Chinese chairman Mao Zedong are seen among U.S. and Chinese flags in this illustration picture taken May 20, 2019. REUTERS/Jason Lee/Illustration

May 25, 2019

BEIJING (Reuters) – The United States has called on China to curb the development of its state-owned enterprises (SOEs), a demand that China sees as an “invasion” on its economic sovereignty, Chinese state news agency Xinhua said on Saturday.

Trade tensions between Washington and Beijing escalated sharply earlier this month after the Trump administration accused China of having “reneged” on its previous promises to make structural changes to its economic practices.

Washington later slapped additional tariffs of up to 25% on $200 billion of Chinese goods, prompting Beijing to retaliate.

As trade talks stalled, both sides have appeared to be digging in. China has denied it had walked back on its promises but reiterated it would not make concessions to “matters of principles” to defend its core interests, although no full details were given.

“At the negotiating table, the U.S. government presented a number of arrogant demands to China, including restricting the development of state-owned enterprises,” Xinhua said in a commentary.

SOEs in China enjoy not only explicit subsidies but also hidden benefits such as implicit government guarantees for debts and lower interest for bank loans, analysts and trade groups say.

“Obviously, this is beyond the scope of trade negotiations and touches on China’s fundamental economic system,” Xinhua said.

“This shows that behind the United States’ trade war against China, it is trying to invade China’s economic sovereignty and force China to damage its core interests.”

The commentary added the United States has made unfounded accusations including that Beijing had forced technology transfers from foreign firms operating in China, saying this is all evidence that the U.S side is “forcing China to change its development path.”

(Reporting by Yawen Chen and Ryan Woo; Editing by Frances Kerry)

Source: OANN


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