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http://www.reuters.com/article/us-france-election-idUSKBN17M16V

http://www.reuters.com/article/us-france-election-idUSKBN17M16V

Paris shooting disrupts French election campaigning

['Sophie Louet and Michel Rose']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['PARIS (Reuters) - In a campaign bombarded with threats for weeks by Islamic extremists who target candidates across the country, French voters may not be able to back any candidate.\nFormer France Inter football coach Benoit Anglou (L) and former 2016 presidential candidate Emmanuel Macron addresses voters as he exits a polling station in Dakar May 11, 2017. REUTERS/Benoit Tessier\nSupporters and supporters alike have suffered disruption as they have targeted anti-Islamic protests in several cities in this month’s vote in which Macron was expected to win the election by a narrow margin.\nThis month, Macron forced his polling station to close as people left his announcement speech at a campaign event.\nA public holiday on Monday on French Central International Airport was cancelled because of the trouble, while a man threw eggs at polling stations during Tuesday’s election.\nThe government of fourth-placed Emmanuel Macron has declared that France will not be muzzled as it pursues the four-round presidential race.\nThe shock electoral results provide the Republican candidate with the last leg of a three-day swing through Europe.\n“It’s a setback,” said an Algerian candidate for the populist National Front (FN), Stephen Hillebrand, while campaigning in Shreveport, Louisiana.\n“But the other side of the race is still very powerful. They don’t have as many advisers,” he added.\nEurophile Emmanuel Macron led the far-right FN in the presidential race, but there was a sharp fall in support of the U.S. far-right candidate Marine Le Pen, who was closing in ahead of her, following Sunday’s apparent exit polls.\nMacron has benefited from a greater share of voters’ sympathy with his nationalist policies, which often play out in a debate where debate moderators ask whether the candidate or one of his political opponents would pursue left-wing policies.\nPOLITICAL PRAYERS\nThe FN, in a break with the government, was particularly popular with non-Macronites who feel betrayed by voters “who want to save the country”.\nPSA Party candidate Xavier Bertrand, leader of France’s biggest trade union, PSA, blamed his party’s support for hampering the success of the campaign.\nFrancois Lafontaine, head of the Fondation Montrelle Nacional, a Paris-based organising group, told Reuters that however France rose in the run-up to the election, there were still problems.\n“A lot of people who are in the official vote not eligible to vote get extra status, or have less financial resources,” he said.\nThe far-right French National Front (FN) was also shaken by the downfall of former Marine Le Pen’s centrist rival, Jean-Luc Melenchon, in May.\n“We were stunned when the results were revealed that (one of the candidates) was far right, right wing and hard right,” Lafontaine told France Inter radio station on Monday.\nThe centre-right National Front (FN) won around 56 percent of the vote in Sunday’s contest, compared with 20 percent for Marine Le Pen, according to a poll by broadcaster ICTV and Eteit.\nNo candidate polled over 40 percent to Le Pen’s 38 percent, while the anti-immigrant National Front (FN), which compared itself to a left-wing, rebranded itself to its traditional populist stance.\n']

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http://www.reuters.com/article/us-usa-environment-lawsuit-idUSKBN17M2OY

http://www.reuters.com/article/us-usa-environment-lawsuit-idUSKBN17M2OY

Exxon probe is unconstitutional, Republican prosecutors say

['Emily Flitter']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - U.S. prosecutors on Tuesday threatened to shut down the Exxon Mobil Corp (XOM.N) internal probe into the oil giant’s $17 billion purchase of Canadian oil assets and vowed to challenge the action in federal court.\nFILE PHOTO: A major 2012 Exxon Mobil logo is seen at their annual shareholders meeting in Encinitas, California April 1, 2015. REUTERS/Mike Blake/File Photo\nA federal magistrate judge in Vermont on Tuesday rejected an entreaty to approve new attorney general Maura Healey’s Justice Department’s probe, saying it was unconstitutional.\nThe plan would serve as a model for a similar federal case brought by the Democrat-led Justice Department.\n“We wish to restrict any effort by Justice Department to infringe on the very Constitution and the freedom of the American people to conduct an independent investigation of ExxonMobil’s dealings in Canada,” said Jeffrey Leiter, a lawyer for Justice.\nThe government cited the 2004 Exxon shareholder case for its pushback against the project. Exxon, which controlled 63 percent of Exxon Mobil, filed its proxy statement in that case accusing shareholder Aaron Tarbott and other Exxon leaders of misrepresenting company disclosures to investors.\nExxon initially had asked that a new investigation be completed before releasing the proxy statement.\nIt also said it wanted more details of any meeting on the sale.\nIn October, Healey argued that any public comments made by a vice president at the marketing company before they are released should disqualify Exxon’s former chief executive officer.\nWashington, D.C., is the biggest energy producer in the world with production of energy-intensive hydraulic fracturing chemicals.\nThe Justice Department, which started its investigation after Exxon filed its proxy statement, has been collecting witness statements from its internal corporate review.\nThe Justice Department has said it will seek documents that show Exxon’s objections to acquiring Canadian assets as part of its sales of oil assets in Canada.\nExxon, along with ConocoPhillips (COP.N), faces shareholder and environmental lawsuits alleging that Canada’s Halliburton Co (HAL.N) overcharged Canadian natural gas producers for fracking. Halliburton is also under criminal investigation by the U.S. Securities and Exchange Commission.\nExxon, which had little history of conflict of interest, said Monday it was not contemplating further settlement talks with the government.\n']

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http://www.reuters.com/article/us-imf-g20-trump-analysis-idUSKBN17M32B?il=0

http://www.reuters.com/article/us-imf-g20-trump-analysis-idUSKBN17M32B?il=0

Global finance leaders find a more temperate Trump in Washington

['Howard Schneider and Jan Strupczewski']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: General view of the F15 aircraft take off on Air Force One departing from Abu Dhabi on December 22, 2016, on a tourist flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE), before takeoff, after taking off from the Abu Dhabi International Airport, Abu Dhabi, UAE, United Arab Emirates, (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on a daily flight from Abu Dhabi Air Base to Abu Dhabi, United Arab Emirates (UAE) on December 23, 2016, on']

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http://www.reuters.com/article/us-venezuela-politics-idUSKBN17M1OO?il=0

http://www.reuters.com/article/us-venezuela-politics-idUSKBN17M1OO?il=0

Seeking to keep up pressure, Venezuela opposition plans more protests

['Brian Ellsworth and Diego Oré']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['CARACAS (Reuters) - The opposition-led Venezuela’s attempt to unseat President Nicolas Maduro over a graft scandal has yielded little momentum in the economic crisis, only about four months into his presidency.\nFILE PHOTO: Venezuelan opposition leader Henrique Capriles speaks during the Popular Will supporters march in Caracas October 10, 2016. REUTERS/Marco Bello/File Photo\nThe opposition staged a large rally on Friday evening, aiming to pressure Maduro to step down and put forward a raft of electoral reforms which critics say will spark mass protests.\nOn Wednesday, the front-runner in a December 14 poll, Maduro, had cancelled a state-of-the-art constitutional referendum which critics said would have paved the way for a vote of no confidence. But by nightfall, the opposition had barely changed its tone.\n“Violence in any form appears to be ineffective. This is a bit different from the irregularities that were reported earlier this week,” said parliament speaker Alexander Teixeira, announcing the event.\nThe central bank has left the banks with less than $6 billion in cash, leaving Venezuela with a 3 percent inflation rate and a dire outlook for the economy. Growth will be slashed if it does not follow through on promises to protect labour rights.\nTop investment bank UBS last week warned Venezuela’s economy could fall into “yellow peril”, pushing the ratio of official reserves to the world’s lowest levels.\nThe government blames the popular discontent on a weakened opposition. The spectre of an election-gone-wrong rekindles the debate in Venezuela that has been simmering for nearly two months.\nIt sparked riots and firestorms last week when Maduro abolished a $1.7 billion state oil company and paid its workers the salaries they were owed. It has also fuelled speculation about a crackdown on crime.\nArrested in May were top businessmen including state oil company PDVSA (PDVSA.SA) manager Jesus Silva Rondon, and Etenil Miranda, alias “Chuene Chavez”.\nLate on Wednesday, three of his allies were arrested, one on treason charges and the other six, along with Maduro’s son.\nSTIGMA RETURN\nMeanwhile, as oil production has halved since the start of the year, Venezuela faces a cash crunch and unpredictable crude prices that have prompted increased imports and poverty levels. A projected expansion of crude production in 2021 threatens to limit new spending.\nCapriles, who looks to be a bright spot for a fragile opposition and is likely to become the main contender to win a December 6 runoff, says he will not quit on Wednesday night.\n“In the short term, this rally must turn into a morale-boosting movement, as should a changing world order,” he told supporters, several outside Caracas.\nThe meeting was the latest example of the opposition seeking to shore up support in a campaign that has raised alarm over alleged mismanagement.\nIt saw little support in large parts of Venezuela where income from state-controlled oil companies has been slashed, with social spending accelerating by about half a percent a year, according to data from the U.S. National Republican Senatorial Committee.\nThe government had promised a middle course in a long-running debt squeeze to pump oil. But President Nicolas Maduro has refused, and has said recently that a vote of no confidence is probable.\nThe meeting with the opposition comes amid escalating tensions over allegations of politically motivated killings in the country.\nLast month, activists killed 40 opposition politicians and aides in the latest attempt to put a nail in Maduro’s coffin.\nOn Tuesday, many followers returned to Maduro’s National Guard headquarters in the southern city of Antioquia after months away and incensed the followers by accusing them of having taken part in the December vote.\nOpposition leader Henrique Capriles had promised a more fair poll on Sunday, but little has emerged. On Wednesday, hundreds of supporters of Capriles unfurled a banner that reads “Working against the dictatorship”, showing his bare hands.\nThe protests have drawn support from the poorer Rust Belt areas of Venezuela, where crime has dropped sharply and unemployment has trebled in the past six years to a record high of 22 percent.\n']

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http://www.reuters.com/article/us-venezuela-movistar-idUSKBN17N007?il=0

http://www.reuters.com/article/us-venezuela-movistar-idUSKBN17N007?il=0

Venezuela says Movistar sent mass messages calling for protests

['Eyanir Chinea']

01-01-2021

reuters.com

success_wayback

gen

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['CARACAS (Reuters) - Venezuelan authorities on Sunday sent mass messages to thousands of people calling for political protests against President Nicolas Maduro’s socialist leadership that could spark mass protests in the OPEC nation, and an official opposition party said members had obtained communications from a person in the state’s security forces.\nFILE PHOTO: Venezuelan people counter to show of support for the presidential candidate of opposition-aligned National Assembly candidate Odebrecht Diosdado Cabello, during a rally to mark the 40th anniversary of the Diosdado Cabello marches in Caracas, Venezuela November 3, 2017. REUTERS/Carlos Garcia Rawlins/File Photo\nMaduro seeks to strengthen his power and cement his control over the 80 million-strong state sector, which accounts for roughly five percent of the economy. Government troops were conducting acts of counterterrorism and opposition aims were to intensify the campaign against him.\n“Venezuela sent a text message to thousands of people at different points demanding the lifting of Martial Law, to organise the liquidation of the bolivar and increase the participation of opposition and participatory members of the body,” the president’s spokesman Ricardo Fernandez said in a statement.\nMaduro and deputies carrying his 2013 death warrant ceded most of the independence, violence and legal challenges that had fueled his 15-year rule. Venezuela slid into recession and shortages of medicines, crucial for combating the country’s crisis.\nResilience has been a popular demand for Maduro, who purges millions of law enforcement officers, returns to civilian pre-trial detention, and sets no speed limits or limits to how much money he collects, reserves and spends.\nVenezuela’s opposition has accused Maduro of wrecking the country’s economy by evicting a majority of the population and backing Maduro’s National Assembly and ruling party, rather than confronting a threat from his enemies.\nThose accusations are supported by a vociferous Twitter war.\n“In the end, Venezuela will finally stop killing its own people. Here they are waiting for the sun to rise. Before the spring of 2019!” the internet personality Ingrid Gaitan tweeted on Sunday.\nThe government denies such accusations.\nMaduro fled to the United States in 2012 to escape a year of legal proceedings against him, while right-wing opposition activists accuse him of protecting his power by using the ballot box to curb public choice, shutting down state institutions and reducing the special powers his parties have held since 1978.\nThe appeal is the latest front in a campaign towards disrupting the Maduro government by violent street demonstrators and demonstrations that have ranged from peaceful peasant rallies and protests to more than a week of military drills.\nSince the election of Chavez in 1999, the country has been rocked by a wave of extreme political violence, and the military is widely blamed for many of the daily deaths of troops in the streets.\nAfter decades of military dictatorship under Hugo Chavez, the Bolivarian Revolution has lost patience with corruption and stifled economy, and has not cracked down militarily on the armed forces since it was shut down in 2010.\nChavez was only 78 when he won re-election for a fifth term in 2007, and is only 79 now.\n']

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http://www.reuters.com/article/us-imf-g-idUSKBN17M0EP?il=0

http://www.reuters.com/article/us-imf-g-idUSKBN17M0EP?il=0

Trump administration, world financial officials clash over trade

['Jason Lange and David Lawder']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["(Reuters) - The U.S. trade mission to Panama last month was interrupted two times on multiple occasions because of inclement weather and a disgruntled worker tried to block a meeting due to disruption, U.S. Trade Representative Robert Lighthizer said on Wednesday.\nFILE PHOTO: U.S. President Donald Trump shakes hands with Peru's Rodrigo Murillo, Cuban leader Fidel Castro's son, at the Banamex International Maritime Exhibition in Santo Domingo, October 12, 2016. REUTERS/Jorge Silva/File Photo\nAdministration officials said they were conducting a separate investigation into whether the United States violated international agreements by missing trade shows due to weather, which prompted the invitation-only trip to Panama in July.\nThe White House dismissed concerns as “rumors” that the interactions disrupted the United States’ attempts to promote strong ties with Colombia and El Salvador, officials said.\nU.S. Trade Representative Robert Lighthizer said on Wednesday that the reported disruption did not concern him.\n“The location of these events were not concerned with the U.S. government’s strategy or anyone’s involvement in their process of meeting with the international community,” Lighthizer said in a statement.\nNo other meetings were disrupted as the United States was responding to the Panama’s open and allow for investors who invest there, said Lighthizer, the third-ranking White House official.\nLighthizer said he was unaware that a similar incident affected the launch of his anti-dumping probe against Canada’s Bombardier Inc’s CSeries jetliner in Singapore, where the probe is being conducted.\nBut Lighthizer said the Canadian probe did not impact the bilateral deals between Canada and Argentina and the bigger grouping of the Americas.\nLighthizer’s office, however, said that the United States has a shared experience of bilateral trade, trade increases and exports in general.\n“We know that our relationship with Mexico and Argentina is strong and the bilateral trade exceeds the combined trade totals from the 14 administrations of both countries,” Lighthizer said.\n“This does not impact our discussions with other countries on vital trade,” he added.\n"]

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http://www.reuters.com/article/us-france-election-socialmedia-idUSKBN17M31G?il=0

http://www.reuters.com/article/us-france-election-socialmedia-idUSKBN17M31G?il=0

Experts say automated accounts sharing fake news ahead of French election

['Mark Hosenball and Joseph Menn']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON/NEW YORK (Reuters) - Popular news agencies need to do everything they can to avoid negative news they might have a Facebook or Twitter account hosting a fake news attack targeting the 2016 U.S. presidential election - in tweets, in photographs, in movies and on Twitter - they said on Monday.\nFILE PHOTO: The logo of the Reuters newsagency is seen during the Advertising Week trade event in Paris, France, October 7, 2016. REUTERS/Benoit Tessier/File Photo\nThe global news agency industry has been grappling with which platforms are most at risk of misinformation being spread by people who click on, tweet or Facebook in danger of damaging the quality and integrity of their stories, or which sites are capable of hosting a story without the knowledge of its publisher.\n“I don’t expect a large number of brands to take every aspect of their communications and operations into account when we talk about debunking false news,” said Sandeep Bhagat, professor of journalism at the Massachusetts Institute of Technology and senior fellow at the Hoover Institution.\nTwo years after Paul Paulos, the first publisher to convince his 70s self-titled <MK1004.K> work group to develop Facebook, his blog used the “fake news” tagline in May 2017 to share a threat to the election of French President Emmanuel Macron.\nFacebook has come under intense scrutiny over reports of so-called “deleting” stories that appear to be hoaxes and are fake. On Monday, some news organizations began implementing what they called “automation policies” around where they can send and receive stories or pictures that look genuine.\nThe policy applies to everything from posting an image of a proposed future (b) military takeover to how social media in general handles new news product guidelines, such as how all media outlets need to be covered by a broader set of social media guidelines.\nFacebook for Business said it will restrict reports that appear to be false from stories that appeared in the last two weeks, including blurbs of articles about the Paris attacks that it said they were fake.\n“We will not use third-party sources to contribute to false stories. Instead, we will remove content that looks or reads like a similar story to that posted by the user,” Facebook said in a blog post.\nSocial media companies must also provide legal protections to prevent the disclosures they are applying to certain pages, including barring users from sharing or indexing similar content.\nFacebook said it will also restrict the use of bots, so it does not accept mistakes in social media settings or whether users see it as an unfavourable method for reporting such posts. It also will delete certain phishing attacks and incidents.\nWaldron, a global news firm based in Cambridge, Massachusetts, specializes in corporate intelligence and may have big data from social media.\n“They can’t rely on robots to read Twitter or Facebook or Google to conduct their work,” said Waldron’s Lyndsey Kendall, noting she was hired this year to help harness the benefits of Twitter.\nMicrosoft Corp. has a similar framework. The company has already moved into activities such as removing out-of-context screenshots of search engine results, removing biased tweets, removing links that say news organizations might have stories that they wouldn’t have published, deleting more reports from social media pages that were inappropriate, and even stopping posts that do not click.\n']

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http://www.reuters.com/article/us-japan-companies-labour-reuterspoll-idUSKBN17M30G?il=0

http://www.reuters.com/article/us-japan-companies-labour-reuterspoll-idUSKBN17M30G?il=0

Japan Inc braces for labor reform, plans to boost productivity -Reuters poll

['Tetsushi Kajimoto']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO, Jan 1 (Reuters) - Japanese labour reforms aimed at improving labor conditions in the world’s third-largest economy are likely to boost the domestic unit of Japan Inc and give it a boost to profitability, a Reuters poll showed on Thursday.\nThe surprise rises in the value of business executives’ jobs, signed into law earlier this month, are likely to tip the balance of a majority of executives on the changes - a measure of whether they believe the measures will be economically sustainable.\nOne stockbuilder, Nomura, warned on Thursday that the labor reform could strengthen the country’s profitability and business outlook by a time frame of two years.\nNomura said on Thursday it expects to report net profit of about 69 billion yen ($730 million) for 2018, well above its previous estimate of 68 billion yen and above a forecast of 58 billion yen and 64 billion yen respectively.\nBut the earthquake-related revision may weigh on the Yen, which lost about 15 percent against the dollar this year, in yen terms.\nWhile Japanese investors have been nervous about major reforms ahead of the general election on Jan. 4, decisions towards a new labor law are expected later this year and any impact will be felt in early 2021, Nomura added.\n“The most likely areas for quality labour are the cost and the ratio of enterprises to production to profitability, and this in turn could drive industrial production to exceed capacity,” it said.\nForeign workers have long complained that domestic firms tend to over-optimize wages, demean employees’ rights and allow corporate negligence, while local firms retain an advantage over domestic rivals.\nForeign policymakers have often voiced concern that weakening the yen could lead to job cuts for domestic firms, which could lead to higher Japanese companies employing abroad, as a reflection of perceptions that domestic firms will be better off.\nThe Nomura survey was the latest in a series of surveys, between December and January, that showed foreign staff-share owners having higher success with domestic firms compared with domestic counterparts.\nThe survey showed that foreign personnel-share owners have gained nearly five percentage points since the first survey in September 2018, while domestic stakeholders are having a harder time with a rate of decline.\nThe survey also showed 48.9 percent of foreign workers-share owners had higher success at local firms compared with 21.9 percent for domestic firms and 20.7 percent for international workers.\nThe Nomura survey had a margin of error of plus or minus 4.9 percentage points. ($1 = 110.1100 yen) (Reporting by Tokyo newsroom; Additional reporting by Haruhiko Kansai; Editing by Sam Holmes)\n']

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http://www.reuters.com/article/us-imf-g20-greece-experts-idUSKBN17M2XT?il=0

http://www.reuters.com/article/us-imf-g20-greece-experts-idUSKBN17M2XT?il=0

Lenders’ experts to return to Athens next week: EU’s Moscovici

['Jan Strupczewski']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['ATHENS (Reuters) - European lenders will return to Athens next week to assess its ability to lend to Greece, President Christos Stylianides said on Wednesday, and Western countries will retain a few points they hope Athens can reach its debt sustainability target.\n“Our words come out in what we hope will be an easy way of saying ‘on the negotiating table’,” Stylianides told Reuters during a Reuters interview.\nGreek banks, already facing tough conditions on the refinancing front, are unlikely to have any problems under a deal to secure new loans from international lenders beginning next week that U.S. President Donald Trump and other countries have criticized as sketchy.\nStylianides is part of a group of banks struggling to finance the struggling economy after a parliamentary vote overwhelmingly backed the bailout review of the lenders and kept them afloat with high credit ratings, prompting a U.S. treasury ban in December.\nHis comments came after EU lenders that need to see Greece’s economy grow and tackle growth risks during the first half of next year and take advice on how to respond had said any debt relief reforms it agreed with the International Monetary Fund would be enough to survive.\n“Unfortunately we don’t have any rules in place ... that still gives us those political expectations of Greeks yet again that we don’t have any more political clarity to take on,” Stylianides said.\nTalks are also still ongoing with investors and lenders to secure more access to more than 2.4 billion euros in loan facilities from the International Monetary Fund and other international lenders, he said.\nThe banks also need to agree on how to recapitalise Greece’s banks, he said.\n“What we’re trying to do with all of those issues is show our collective capacity for restoring the economic recovery to the Greek capital market,” he said.\n']

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http://www.reuters.com/article/us-usa-regulation-lawsuit-idUSKBN17M2ZO?il=0

http://www.reuters.com/article/us-usa-regulation-lawsuit-idUSKBN17M2ZO?il=0

Group sues Trump for repealing U.S. wildlife rule in rare legal challenge

['Lisa Lambert']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: U.S. Department of the Interior official stands outside a land use permit office in the Pocahontas National Forest, near Washington, DC, U.S., November 25, 2017. REUTERS/Larry Downing/File Photo\nWASHINGTON (Reuters) - A legal challenge to an Obama-era environmental law has been launched to overturn an Obama administration proposal to repeal parts of the landmark 1996 Endangered Species Act.\nThe Supreme Court on Thursday issued a sweeping decision allowing Illinois-based hunters to legally hunt feral cats as long as they keep and purport to kill the animals on their territory.\nThe legal challenge is part of a campaign to rescind and kill the Endangered Species Act following Trump’s first travel ban.\nMany experts say part of the law had a basis to address concerns that hunting and trapping could increase the likelihood of such a drastic impact on other habitat species, including the threatened or endangered mammal Asian carp, which has been barred from accessing the Endangered Species List.\nSarah Butland, a New York-based lawyer with Human Rights First, said she expected the court would uphold the Endangered Species Act and look “at this case and find its purpose to stop President Trump’s temporary denial of the protections that have been secured under his executive actions.”\nShe said the court would allow those seeking to permanently protect endangered species to do so in a “non-traditional” way.\nThe White House said Trump had abandoned his resolve to protect endangered species and said the provision had effectively stayed in place.\n“This decision is a disappointing setback in one of President Trump’s most important regulatory moves,” White House legislative director Marc Short said in a statement.\nThe White House said a successor authority will be established by the Senate and House of Representatives.\nThe Endangered Species Act is now at risk of being resurrected in the court case.\nThe Justice Department said it was reviewing the decision but would not comment further.\nThe Foundation for Individual Rights in Education, which championed the challenge, said it would challenge the decision in court.\n“If we succeed, we would be first to determine whether the Obama administration knew or should have known that the Endangered Species Act was a crucial legal tool for safeguarding the environment and other species,” said Joshua Cohen, the group’s president.\nThe rule was approved in 2016 by Congress and has already been strengthened by supporters, including its director, former Massachusetts Governor Mitt Romney.\n']

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http://www.reuters.com/article/us-usa-saudi-yemen-idUSKBN17M2ZK?il=0

http://www.reuters.com/article/us-usa-saudi-yemen-idUSKBN17M2ZK?il=0

Weighing arms sale, U.S. seeks Saudi pledge on Yemen civilian casualties

['Warren Strobel and Arshad Mohammed']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis and Saudi Arabia\'s King Salman on Monday met in the capital Riyadh with focus on measures to prevent civilians from being killed in the Saudi-led coalition\'s air strikes that killed more than 250 people over two weeks in Yemen.\nU.S. Secretary of State Mike Pompeo, who oversees U.S. assistance to the war in Yemen, has argued before Congress in the past that the coalition is still seeking the approval of the U.S. Congress.\nIn the address at the annual U.S.-Saudi Saudi conference held in Riyadh, Mattis and King Salman also vowed to work together on specific requests from Congress to use their enormous leverage to show commitment to Yemeni rebels fighting President Abd-Rabbu Mansour Hadi.\n"In other words, it is difficult to imagine how dangerous it can be," Mattis said in an emailed statement. "We have requested and expected the U.S. Congress to use its power to engage in a comprehensive process to resolve the Yemen crisis."\nMonday\'s meeting followed an amicable and non-discriminatory visit by Mattis to Riyadh from Saudi Foreign Minister Adel al-Jubeir, who was accompanied by Qatari Deputy Foreign Minister Sheikh Mohammed bin Hamad al-Thani.\n(Reporting by Arshad Mohammed and Warren Strobel; Editing by Paul Simao)\n']

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http://www.reuters.com/article/us-intlsat-m-a-oneweb-idUSKBN17M2YT?il=0

http://www.reuters.com/article/us-intlsat-m-a-oneweb-idUSKBN17M2YT?il=0

Intelsat to extend debt exchange on OneWeb deal for weeks: sources

['Liana B. Baker and Jessica DiNapoli']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Intelsat SA (IAG.AS) is likely to extend the pending joint debt exchange deal announced last month with European satellite company OneWeb, two sources familiar with the matter said, an effort to boost its position in ultra-satellite markets.\nIntelsat agreed to buy the two S-band satellite companies Avantie S.A. [EXIV.UL] and OneWeb, both based in Belgium, for about $500 million, after the European Commission last month formally opposed the deal due to proposals for a larger public-private bidding system.\nInterfax News Agency and Bloomberg both reported on Monday that Intelsat had agreed to pay $430 million for the U.S. companies.\nA final agreement with the main party that issued the combined combined deal was not received late Monday, the sources said.\nIntelsat had been hoping to complete the deal late last year.\nLate last year, the EU’s competition watchdog, known as the Commission, warned Intelsat to hold a “down payment” of up to 100 million euros ($114 million) to win the deal from private carriers to take the lead on the market to compete with the global satellite market.\nDespite the rejection, Intelsat will try to start with the €400 million the required to get approval from regulators in the second quarter, the sources said.\nThe talks with OneWeb, which has 84 percent of the S-band satellite market, appear to be a test of the satellite market’s logic. It stands to benefit from an expected sales mix in the 500 million to 700 million S-band satellite market, compared with just under half now for those with private contracts.\n“Intelsat has always said that the European market is one of the key buyers of satellites ... they must now do a lot more work on the EPC side of the contract to help them win the bid to get enough block business against the lower-ranked major players to make it commercially viable,” said one source.\nIntelsat sold its L3 and L6 satellites to Israeli satellite operators TeladOS and Kia in 2008 to help finance its acquisition of European-based Satellites Storion.\n']

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http://www.reuters.com/article/us-mali-security-idUSKBN17M2ZA?il=0

http://www.reuters.com/article/us-mali-security-idUSKBN17M2ZA?il=0

Mali returns interim authorities to last northern cities

['Souleymane Ag Anara']

01-01-2021

reuters.com

success_wayback

gen

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["Mali's President Ibrahim Boubacar Keita listens to Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) shakes hands with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita listens to Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) shakes hands with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita shakes hands with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) walks with Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita waits at a court in the eastern suburb of Bouid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita kisses a hand as he waits at a court in the eastern suburb of Bouid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita pauses during a meeting with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) kisses the hand of Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita gestures during a meeting with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) gestures during a meeting with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) shakes hands with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita speaks to the media before meeting with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita speaks to the media before meeting with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) shakes hands with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita speaks to the media before meeting with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago\nMali's President Ibrahim Boubacar Keita (C) shakes hands with Federal Police Commander Aboubacar Ibrahim during a meeting at the presidential palace in Bani Walid, in the east of the north on Jan. 1, 2018. REUTERS/Luc Gnago"]

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http://www.reuters.com/article/us-britain-election-hedgefunds-idUSKBN17M2WF?il=0

http://www.reuters.com/article/us-britain-election-hedgefunds-idUSKBN17M2WF?il=0

Hedge funds lose on UK election shock, but man less than machines

['Maiya Keidan and Jemima Kelly']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["(Reuters) - Hedge funds scrambled on Tuesday to bet Britain’s May election result was not going to be an easy one, given the bonanza two major economic indicators showed showed the economy had hit bottom in the run-up to the vote.\nEuropean Central Bank board member Peter Praet (L) shakes hands with Prime Minister Theresa May after she announced she will trigger Britain's EU divorce process in the UK building in Brussels January 8, 2019. REUTERS/Francois Lenoir\nThe failure of politicians to deliver for the Brexit team in their initial appearances at an EU meeting late on Monday underscores uncertainty about Britain’s prospects at the moment, analysts said. A vote from Parliament at noon on Friday could trigger a disorderly Brexit, they added.\nThe spike in bets comes after Prime Minister Theresa May’s government’s election defeat in November, undermined by her inability to agree a new deal with Brussels even after leaders ruled out a no-deal Brexit, leaving her scrambling for money to fund long-term business.\nSince then, investors have bet the UK will not leave the EU single market in a deal that leaves the EU legal community but preserved special rules for domestic providers of energy and banking services.\n“That’s going to create all kinds of headache” for the government, said Chris Beauchamp, head of fixed income at Aberdeen Asset Management, which has about 5 percent of its portfolio in sterling, among more than $1 billion of its European equity.\nGermany’s SVP of Asset Management Tom Riordan, who has been advising clients on the UK’s position in the EU, said his clients appeared to be bracing themselves for an unexpected outcome, as they turned to sterling.\n“At any rate, we can’t guarantee any type of fallout for the economy but we think other uncertainties like the uncertainty over the searing heat of the French election, the Bank of England action in June, and other risks like the sterling weakness can still be applied to the UK,” he said.\nAs a result, Beauchamp added, clients are looking to hide their money from the British government.\nA reduced forecast for Britain’s gross domestic product (GDP) is expected to still post a double-digit percentage rise, its only rise since the global financial crisis. But if the Conservative Party wins a new majority in parliament with a lower-parliamentary margin, their outlook may be less optimistic.\n“The FTSE is going to be under pressure going to mid-week when sentiment takes a turn and political uncertainty and UK-related M&A is likely to be the most important risk to the UK,” said Louis Buchs, head of equities at Dundee Capital Markets.\nHe warned the past months were watching both oil and resources investment due to rising political uncertainty.\n“Emerging market, municipal and other sectors have moved along the decline in crude oil prices, and the FTSE is heading towards over-leveraged levels,” Buchs said.\nGreek debt, largely owned by private banks, could also show a downside, he added.\nUK MARKETS: SHOOTING AHEAD\nThe S&P 500 .SPX was down 0.29 percent, on track for its worst weekly decline since October. A euro zone blue chip .FTEU3 index was 0.18 percent lower, raising its euro zone peers 0.8 percent.\nLike in October, the euro fell to $1.4386.\n“We feel the market is continuing to look for short-term interpretation of the UK decision and there may be a pull-back”, said Byron Moskowitz, head of EMEA equities at brokerage firm Evercore ISI.\nBut John Kirby, an EMEA analyst with investment bank Lazard, predicted the market would get to a point of “passage, as long as there is still a lot of uncertainty.”\n“Nothing is priced in”.\nFor the British consumer, expectations the vote will be easier to pass with less opposition from a minority coalition, is boosting spirits, he said.\nHe added that an interest rate rise was not a problem if the government takes on board a market view of Britain’s economy.\n"]

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http://www.reuters.com/article/us-usa-trump-steel-idUSKBN17M237?il=0

http://www.reuters.com/article/us-usa-trump-steel-idUSKBN17M237?il=0

Trump targets cheap Chinese steel in probe, rallying U.S. steel stocks

['Steve Holland and Mike Stone']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['LONDON/WASHINGTON (Reuters) - U.S. President Donald Trump wants China to “make clean steel” a target for steelmakers in the United States after the metals importer launched a massive investigation into the country’s global steel industry, the Republican said on Thursday.\nTrump has denied that he is considering a trade war against China, which is widely believed to be a long-term part of his campaign.\nChina’s president, Xi Jinping, ordered an inquiry in November into the relationship between the two countries following an incident at a steel plant in Hainan province, where a worker was killed on Jan. 1.\n“Nothing has changed, I hope so. I hope it’s not back and forth and everybody is happy,” Trump told reporters.\nThe newly launched probe aims to see whether Chinese industry and local producers are still connected to the global steel industry, and to investigate how steel pricing is being manipulated, the State Council, the Cabinet, said in a statement.\n“There is no excuse for the U.S. steel sector to be a problem. I want the steel industry to prosper,” Trump said.\nTwo U.S. steelmakers, Arrow Electronics (AIR.N) and KBR (KBR.N), are already standing up in U.S. courts defending their position in international trade disputes.\nState Council Chairman Zhang Yixing, who represents the region that includes steel production hub Mavens, said his country was ready to work with the U.S. government “in order to take this matter to the relevant parties.”\nThe U.S. Justice Department and the State Department would not comment, respectively, on the extent of the investigation.\nChaired by the Office of the U.S. Trade Representative, the probe has focused on the sale of assets in steel over the last three years, including AT&T (T.N) units leased from China’s state-owned CNOOC Ltd in 2015.\nIn December, U.S. Commerce Department lawyers said the probe was entitled to the Congress’ approval.\nU.S. Senator Diane Feinstein, the ranking Democrat on the Senate’s Commerce Committee, said the investigation would potentially involve export restrictions, but did not rule out the possibility of allowing the sale of new U.S. capacity.\nAn attorney for CNOOC said the company was still willing to work with U.S. lawmakers on environmental issues, but was not talking about it.\nJack DiNovo, a senior vice president at DTE Energy (DTE.N), which is a U.S. partner in the probe, confirmed that the government had asked TEN Energy for “relief” and denied that anything specific had been discussed.\nSuch cooperation would create a “unique circumstance and state of crisis for US steel producers and staff,” DiNovo said.\n** U.S. steelmaking companies on Thursday reported quarterly profit, boosted by higher sales of quality parts.\nThe Nikkei, Tokyo’s second-largest listed trade group, reported a quarterly profit jump, helped by strong demand for energy products such as steel and plastics.\n']

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http://www.reuters.com/article/us-akzo-nobel-m-a-breakingviews-idUSKBN17M2HA

http://www.reuters.com/article/us-akzo-nobel-m-a-breakingviews-idUSKBN17M2HA

Cox: Ugly global paint battle drips with irony

['Rob Cox']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Satira Busiata, a brilliant 22-year-old computer professor at UCLA studying abstract physics, a year after getting into a testicle romp and percussive blowjob on the beach at Yanga International Airport in Shanghai, has made a convincing case that painting is actually a game - and no, isn’t.\nFILE PHOTO: Satira Busiata, a talented two-year-old computer science student at UCLA, is photographed with a poster created by her parents, waves hover over her during a workshop at the university in New Delhi in this May 8, 2015 file photo. REUTERS/Amit Dave/Files\n“The painting and sculpting are together the essence of art,” says Busiata, in her first published, illustrated book “Editions.”\n“When a painting is not meant to be influenced by its surroundings, it also imparts some magic,” she writes in “Art of Painting.”\nChina has produced artists with a pedigree not unlike Busiata’s that has drawn comparisons to the legendary artist Mabel Chouinard, who became known for the intricacy of her art.\nIn her most recent book, she gives a detailed and easy-to-read account of her passion for painting.\nBusiata was too young to remember the turning point of the Chinese revolution to immediately start remembering such eras as the industrial revolution and the Communist lunar mission. It was during that time that she played catch up with Chouinard and finally headed to the University of the Cultural Revolution to perfect her graphic design.\nBusiata found something in Chouinard’s work. During her study period, she took the opposite side of the Chinese desk in which they were working in 1968-1971. That’s when the feeling in Chouinard’s studio was so intense that Busiata would barely go to sleep.\n“I wasn’t even waking up in the evening,” she says in the book. “But now I’m just in an abyss of contentment that for me is something surreal.”\nTHE POWER\n“Editions” is already sold in bookstores across China, in thousands of messages posted by recipients, or online. It launched at the University of Oriental Studies at Shanghai three weeks ago.\nIt promises a detailed history of “Editions” that people can dive into and her work will prompt their idea of the future to ignite a belief, said Lou Zhao, a professor of visual arts at the school.\n“It is a new way of thinking,” Zhao told Reuters, explaining that Type 2 in cosmology is suggesting creative spaces are not limited to the invisible “supermoon” and that future smart cities could also have full social strata, and London will need an art history class.\n“I think the world is very busy right now, and it’s not just about showing up for work,” he said. “Many artists have reached deep into the subconscious.”\nThe book focuses not only on Chouinard’s paintings, but also on the impact art can have on other segments of society. Cultural images are “wiped out” by filtering out sensitive, controversial images, she says.\n“Art of Painting is a doodle story,” she writes. “We are ‘photomases,’ cartoon spots that dispense excoriation.”\nUsing only the sketchiest colored objects, Busiata turns the painted masses into objects that are capable of poetry, love and death.\n“If painting are an ideology, what is art?” she asks. “There are few fields that deal with reality that allow me to think of art as an ideological rather than a project.”\n“Editions” is set to be available in bookstores and through Frame Show magazine in late 2020.\n']

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http://www.reuters.com/article/us-science-rodent-idUSKBN17M2EA

http://www.reuters.com/article/us-science-rodent-idUSKBN17M2EA

Wily bald underground critter uses plant-like survival strategy

['Will Dunham']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Scientists studying the discovery of the world’s first “ground” critter when it roams underground in a very cold climate found — instead of looking for other species of fish and frogs, they just did so for itself.\nNo water, no fish — nothing! But this particular insect found where it was hiding, the Arctic and Arctic sea were deep underground, about a 10-metre-wide and three miles deep, unlike fish or frogs.\nIt’s called Mother Guiding Bird, a nod to its simplicity, the local environment in which it roams, and not just to see if the challenge it poses is pressing.\nThe group’s electronic maps of the Arctic quickly gathered more than 400 bird species. These include that of a species known as Lybetsmus faceecopteridium bromecopulorum — a flowering branch of most of the world’s plant relatives; one of the oldest birds, known as Bissmie bedbug, which thrives in the sun after drying out.\n“From human perspective, we believe, because it’s one of the oldest wild invertebrates in existence, the search for [Mother Guiding Bird] is critical.”\nIt was not uncommon for scientists to think of living creatures that can only be found for their collective survival.\nBut scientists have long wondered why albatrosses, lions, crocodiles, and other predators are not found on the other side of the Arctic sea at the same time.\nAll 67,000 bedbug infestations in the past 65 years alone have raised questions about the insect’s survival.\nThe same has spurred collaboration among scientists and scientists from the Deep Field Observatory at Princeton University and the Washi Institute of Biological Sciences at Stockholm.\nThe duo discovered with the help of atmospheric methane, methane gas, and laser radioisotope that sulfur dioxide can be detected near floating underground into the Arctic through an airborne system. The researchers published their findings in the journal Science.\nChlorophyll pigments from Mother Guiding Bird are sent through the station, resulting in a layer of organic material that makes up a plant group called balounounuminate.\nBecause it stays inside and is only active once the smoke clears, Mother Guiding Bird only does about two of these kinds of work.\n“We’re very much on the front line to solve these problems,” said Simon Hebfield, an astronomy and geology student at Coppock University.\nHe added: “We’re probably at the end of our tether here when we can’t find our next big thing and big things are becoming true.”\n']

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http://www.reuters.com/article/us-california-marijuana-nuns-idUSKBN17M2EK

http://www.reuters.com/article/us-california-marijuana-nuns-idUSKBN17M2EK

California’s ’weed nuns’ on a mission to heal with cannabis

['Omar Younis']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Democratic high school students in the state of California are among a growing number of adults who are seeking to heal with cannabis, under pressure from the drug’s often powerful and addictive effects, sources familiar with the matter said.\nThose who want cannabis and other drugs that cure people who suffer from addiction or seizures say they don’t want to struggle to get the medicines they need, but are afraid for their safety or end up mixing marijuana and other drugs they don’t want.\nThe out-of-control, marijuana-related movement has put pressure on lawmakers to change the state’s law, driving out a law that protects drug dealers.\nCannabis-related patients have been sentenced to prison, and state prosecutors have targeted the use of the drug among students in the last two years, according to previously unidentified and uninformed sources, who spoke on condition of anonymity due to the sensitivity of the issue.\n“Maybe it’s better that California not allow these so-called sweet potatoes to heal California but rather, allow these people to use cannabis for wellness,” said Kevin Ford, a 25-year-old attorney who bills himself as a cannabis advocate.\nCalifornia Assemblyman Tom Ammiano, a Catholic from Oakland, is among six current and former high school students who have begun visiting the drug’s effects in bars, restaurants and apartments in an effort to alleviate marijuana’s effects.\n“It’s time to respect the joy that cannabis has helped them,” Ammiano said on Facebook.\nThe group’s Facebook page, inspired by a Chicago woman who uses weed to treat her migraines, has more than 180 likes, while, like its parent, People for the Ethical Treatment of Cannabis, the California Legislative Commission on Cannabis Law, and others, have more than 450.\nTo combat marijuana’s harmful effects, including the addictive qualities of THC, say its opponents, the drug’s creators are seeking to alter California’s anti-drug law. The law says patients who use marijuana for ailments such as high blood pressure and headaches have a severe risk of addiction and death.\nMcLeod Dursley, director of Family Alliance for Cannabis Addiction, has the California chapter of Marijuana Anonymous, as does former Democrat Rep. Wendy Long, a former senator.\nDursley himself has spoken out against leniency, saying: “We should always call for greater public safety by making cannabis legalization a personal legal issue.”\nHe plans to spend time in meetings with the public, other marijuana advocates and local lawmakers, as well as drug abuse counselors, before heading to a “progressive” debate in Sacramento.\n']

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http://www.reuters.com/article/us-usa-tax-trump-idUSKBN17M2PQ

http://www.reuters.com/article/us-usa-tax-trump-idUSKBN17M2PQ

Trump tax plan to rely on future U.S. growth to fund cuts: officials

['David Morgan']

01-01-2021

reuters.com

success_wayback

gen

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['WASHINGTON (Reuters) - After years of relative quiet, President Donald Trump’s tax reform plans must rely on the improving economy to fund the tax cuts, U.S. Treasury Secretary Steven Mnuchin told an audience at the Brookings Institution on Wednesday.\nTreasury Secretary Steven Mnuchin (2nd R) attends the Brookings Institution annual meeting in Washington, DC, U.S., January 1, 2019. REUTERS/Kevin Lamarque\n“It is very important for us to get the economic benefits and more importantly to get the political benefits and to make sure that the ‘fiscal win’ can be done,” Mnuchin said.\nThe U.S. economy recently is enjoying the strongest growth in six years as companies’ profits from a previously booming overseas business that surged last year cooled as concerns about the health of the world’s economy rose.\nAfter rolling out a multi-year tax reform plan last year, Trump scrapped one component that would have greatly reduced tax rates. Instead, he has proposed eliminating some tax breaks for corporations and increased the standard deduction and child care.\nWhile market players believe all three proposals will help the economy, Mnuchin and other officials are pressing to have them passed in the wake of President Barack Obama’s signature health care law.\nOver the past several weeks, the government will report key tax changes in the coming months. Mnuchin and Treasury Undersecretary Valerie Jarrett had warned last week that any changes could hurt business, impede tax reform and harm U.S. efforts to repatriate money.\nHowever, Wednesday’s speech echoes the worry that any changes would have a bad impact on U.S. tax revenues. It also comes as Mnuchin takes home first aid bills from lawmakers in Congress, a shift from policy makers’ timid approach, aides said.\nMnuchin, speaking in a wide-ranging interview with Reuters, said he and other top officials believe that if enacted it will result in the first full year of Republican control of Congress. He also said the remaining legislation under consideration could provide some tax cuts, and that he expected the Trump administration to find other ways to reduce taxes, too.\n“But I see this plan as a reasonable model that will get us well beyond the 0.1 percent without really materially substantial damage,” Mnuchin said.\nSeparately, leaders of the Senate and House of Representatives members said they believed that Trump’s plan for taxes could get a fair shake with moderate Republicans.\nFILE PHOTO: U.S. President Donald Trump smiles as he addresses the crowd at the 91st Republican National Convention in Cleveland, Ohio, U.S., July 12, 2017. REUTERS/Lance Freiburger/File Photo\n“I think the best approach is just to give them some perspective about how this works and how it comes out,” House Ways and Means Committee Chairman Dave Camp, R-Mich., said on Tuesday.\nConsensus among Senate and House lawmakers is that the tax reform measures would reduce the federal deficit by $1.6 trillion over ten years, with the largest slice going to retirement accounts. Senate Democratic leader Chuck Schumer of New York said the plan under consideration could help him feel more positive about the economy.\n“The challenge for Republicans is that these are really complex bills and it’s incumbent on them to do the real work, especially given the history,” a Schumer aide said on condition of anonymity to discuss deliberations.\n']

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http://www.reuters.com/article/us-usa-crime-hernandez-idUSKBN17M2DD

http://www.reuters.com/article/us-usa-crime-hernandez-idUSKBN17M2DD

Ex-NFL star Hernandez’s brain to be returned to family: state

['Scott Malone']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['CLEVELAND (Reuters) - A brain-damaged former wide receiver who lost his voice and died suddenly last year from strokes suffered from brain tumors told U.S. District Judge Larry Burns on Wednesday that he was willing to return to his old team but can’t commit to wearing his trade jerseys.\nFILE PHOTO: Nov 4, 2016; Cleveland, OH, USA; New England Patriots wide receiver Wes Welker (20) and Denver Broncos quarterback Peyton Manning (9) tackle New England Patriots wide receiver Dwayne Allen (21) in the second half of a game in Cleveland, Ohio. Mandatory Credit: Scott Rauch-USA TODAY Sports\nOscar Hernandez, who recorded one game in the NFL with the New England Patriots before he died in December at age 25, told the judge he still had time to re-evaluate his medical condition.\n“I think that’s the issue,” Hernandez said. “I just can’t live with it.”\nAfter receiving three professional seasons in New England, Hernandez burst onto the scene in 2015 with a 44-catch, 314-yard and two-touchdown season that drove the Patriots to a championship victory in Denver.\nAfter Hernandez broke his hand during a preseason practice in 2015, NFL teams waived him and he was cut by the Cincinnati Bengals, two days before he could play in Cincinnati.\nHe began complaining of recurring headaches and panic attacks after his career with the Patriots started to unravel. At one point, he led the team with 116 receptions, including 88 catches for 1,957 yards and three touchdowns, according to his biography on the team’s website.\nHe underwent knee surgery and missed the season with inflammation of the Joints in his right knee. In October, he turned 75.\nHernandez was released by the Patriots after he suffered brain tumors in December and endured a near two-decade absence.\nHernandez still lived on the Foxboro, Mass., area’s western edge with his wife and their three children, along with his friends and former teammates. He played one season with the Cincinnati Bengals in 2013, a brief flop of the form that came to be known as the 1992 summer of LeBron James and the near-quadruple-play revolution.\nDuring Hernandez’s final game, he was hit by a car in the offseason, costing him his season.\nLast year, he joined forces with former New England Patriots quarterback Tom Brady and Jags defensive tackle Jimmy Garoppolo, who was with the Bears during the famed 2009 season, to form the Patriots that year. The Browns of the National Football League have staged two mock draft matchups with Brady and the Patriots this season, another blockbuster prime-time matchup featuring one of the NFL’s hottest quarterbacks, according to NFL Network.\nBrady returns to the Patriots in the playoffs for the first time in six years.\n']

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http://www.reuters.com/article/us-fox-oreilly-idUSKBN17M23T

http://www.reuters.com/article/us-fox-oreilly-idUSKBN17M23T

Bill O’Reilly to get up to $25 million payout from Fox News: source

['Jessica Toonkel']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Bill O’Reilly will be rewarded with a payout of at least $25 million after agreeing to produce a major apology later this year from Fox News after controversy over that network’s prior handling of the Megyn Kelly allegations.\nFILE PHOTO: A Fox News logo is seen outside their newsroom in New York City, U.S., September 13, 2017. REUTERS/Brendan McDermid/File Photo\nFox News Channel told the businessman on Tuesday it will pay him $5 million for a memoir and separate payments of up to $10 million, CNN reported on Tuesday, citing a person familiar with the negotiations.\nThe $25 million payout would come just one day after O’Reilly, who founded and broadcast his nightly show between 2004 and 2012, said he intended to step down from the news network, which hosted him for the first time, after the report.\nThe publisher of the daily newspaper Sendero Newspapers Inc first reported that the pay plan for O’Reilly was dependent on a payment from the show and other companies. But he denied the financial disclosure documents at the time and said in a statement, “We are disappointed in anyone who thinks to my son about doing what I have done.”\nIt is a move that the O’Reilly family said was unrelated to his confession to the Megyn Kelly allegations and his role in a May 2017 interview in which he denied sexual assault allegations against Kelly.\n“The only way I know how to approach it is to leave this as it is. My plan is to move forward as I have,” he said on Fox News’s “The O’Reilly Factor.”\nThe network said O’Reilly also will make an apology to the television audience who supported him and his show for the years it has aired, and CNN said he will produce a nearly two-hour fix every Sunday from 2018 to 2025. The network said it will also pay him what it called a public service announcement that is his “gratifying” apology for the “lies, libelous language and deception” he has used on the Megyn Kelly website.\nAfter more than a year of wrangling, the network said it was reached a deal with O’Reilly’s attorney that he would not discuss “any legal issues,” but said they have yet to finalize a longer deal.\nO’Reilly’s lawyer, Jon Anderson, declined to comment on the latest effort.\nBut he issued a statement from O’Reilly’s offices on Tuesday saying, “We, the tens of millions of dollars that Bill’s magnificent Fox News Channel has accepted from me for what is really a difference in a few hours, do not want to take this personally.\n“After agreeing to a resolution to this agreement, Mr. O’Reilly will now carry on his work at Fox as an important contributor, while I plan to finally lead the country again,” the statement said.\nReuters reported last month that O’Reilly had threatened to quit CNN if the network shut down Fox News. O’Reilly’s spokesperson had no immediate comment.\nFox, owned by Murdoch family, launched the morning show on Sunday, Feb. 26, to questions about Kelly’s allegations.\nThe news outlet apologized Monday for airing video at Kelly’s request that some were in and around her bedroom, but later stepped away from the segment after O’Reilly asked that it be removed.\n']

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http://www.reuters.com/article/us-usa-stocks-idUSKBN17M18N

http://www.reuters.com/article/us-usa-stocks-idUSKBN17M18N

Wall St rallies on earnings; Nasdaq hits record

['Chuck Mikolajczak']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: Protesters at the New York Stock Exchange (NYSE) during a protest by the Chinese government against a takeover of Dow Chemical Co (DOW.N) to curb environmental damage in China, January 30, 2014. REUTERS/Brendan McDermid/File Photo\nNEW YORK (Reuters) - U.S. stocks led their major indexes higher on Wednesday on hopes that U.S. companies are showing strong growth amid an economic recovery and U.S. economic uncertainty, while the Nasdaq hit a record.\nWall Street initially rallied in the session as recent product data suggested growth in the fourth quarter was picking up.\nExxon Mobil (XOM.N) shares rose 3.1 percent after it posted a 10 percent rise in quarterly revenue on stronger sales in the oil and gas business.\nAnalysts said the market was becoming more accustomed to potential hikes and modest economic growth in general as investors wait for the first U.S. economic data to bolster economic recovery.\nFor Wall Street, data is a sign that the economy is growing and at a steady clip, and investors are not worried about deflation.\nEven so, next week’s economic data is likely to be weak and could raise the risk of the Federal Reserve raising interest rates, potentially eroding the euro’s appeal.\n“It has become more and more important that we just have data that provides some color to the market,” said John Canally, a portfolio manager at Brean Murray, Carret & Co, in Orlando, Florida.\n“Everyone seems to be quite banking on a pretty good first quarter.”\nTowards the end of the session, gains in technology were capped, with Apple (AAPL.O) falling 3.7 percent as analysts said the iPhone maker’s trading to investors was marked by minimal risk tolerance.\nThe Dow Jones industrial average .DJI rose 27.94 points, or 0.12 percent, to 18,274.18, the S&P 500 .SPX gained 1.31 points, or 0.03 percent, to 2,725.22 and the Nasdaq Composite .IXIC added 22.33 points, or 0.37 percent, to 7,362.47.\nThe S&P 500 has increased about 2 percent this year while the Nasdaq has gained about 5 percent, according to Thomson Reuters data.\nThe Dow, which had rallied 3.4 percent in December, was hit in the past week on disappointing earnings results from Apple and Starbucks Corp (SBUX.O).\nMeanwhile, a lack of major news from Europe and renewed economic uncertainty in China weighed on the oil price, which also touched its highest level since March 2015. Brent crude CLc1 rose 2.1 percent to $47.09 a barrel. U.S. crude CLc1 was up 2.5 percent at $48.27.\nThe Nasdaq biotech index .BIBIZ posted the biggest single-day percentage gain, gaining 0.88 percent and posting its best year since 2008 after growing 7.1 percent the previous month.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.56-to-1 ratio; on Nasdaq, a 2.67-to-1 ratio favored decliners.\nThe S&P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 22 new highs and 34 new lows.\nAbout 7.58 billion shares changed hands on U.S. exchanges, above the 8.2 billion daily average since the beginning of the year.\n']

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http://www.reuters.com/article/us-usa-trump-financial-idUSKBN17M2XJ

http://www.reuters.com/article/us-usa-trump-financial-idUSKBN17M2XJ

Trump to order U.S. Treasury to delve into taxes, post-crisis reforms

['Lisa Lambert']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["CHICAGO (Reuters) - President Donald Trump is expected to order Treasury to pursue financial reforms with the aim of trimming $1 trillion from the U.S. tax system, or about four to five percent of the economy, Treasury Secretary Steven Mnuchin said on Wednesday.\nU.S. President Donald Trump (L) looks on as Argentina's Finance Minister Hector Mendez, left, and U.S. Finance Minister Hector Mendez (R) face off during a media conference in Buenos Aires December 30, 2018. REUTERS/Marcos Brindicci\nHilde Val Valena, who until December had led the transition team set up by Trump, has said that he will ensure the executive branch is geared up for reform. He will not be able to announce any major changes before January 8, but a Treasury official said the agency will do a thorough review of tax changes under the Trump administration and seek further policy changes.\n“These are things that will help us accomplish this. It’s important. It’s all important,” Mnuchin told reporters at the National Press Club in Washington.\nMnuchin was tight-lipped about detailed changes that would come as Trump, a Republican, takes office on Jan. 20. But he said he would fully “look into reform” in the coming months and may “make progress” with Democrats in Congress on tax reform.\nIn October, Trump told lawmakers that he would instruct Treasury to get a bigger slice of the budget to support their push for tax cuts, an idea Mnuchin said would shift the urgency toward more reform.\nThe alternative minimum tax, or AMT, pays most business owners and investors a share of the corporate income tax rate (CIT) on the first $10 million in income earned. New legislation, introduced by Senators Ted Cruz and Dave Brat in November, limits that CIT until 2023.\nSenators earlier proposed an overhaul, including raising the top CIT tax rate from 35 percent to 40 percent, but did not bring the legislation to a vote. The GOP tax reform bill has stalled.\nThe White House did not immediately respond to a request for comment.\nGap Inc (Gap.N) is the latest retailer to join the growing ranks of companies that seek to raise taxes this year. Within two weeks, Wal-Mart Stores Inc (WMT.N) and Target Corp (TGT.N) will file their first taxes. Others include stock-based income (SBE), accounts payable and royalties.\nSlideshow (5 Images)\nOther corporate tax changes include a 35 percent surtax on vehicles that accumulate more than $5 million and changes to the taxation of the depreciation of aircraft such as Boeing (BA.N), citing technology that the country needs to modernize.\nUnder the Trump administration, the department of commerce is also seeking changes in the way the executive branch reviews corporate income tax rates and other tax matters.\nMnuchin said the administration has begun research, generally working with tax reform supporters including senators Ben Cardin of Maryland and Joe Manchin of West Virginia, to look into tax reform proposals and have a firm grasp on tax policy.\nThe administration’s goal is to cut taxes and eliminate burdens on taxpayers. Trump last year proposed a massive increase in the percentage of taxpayers who don’t pay income taxes, which he said would “come into vogue.” He also proposed freezing the standard deduction, a tax that many people consider unfair, and raising the effective tax rate to 35 percent from 35 percent.\n"]

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http://www.reuters.com/article/us-toshiba-accounting-western-digital-idUSKBN17M133

http://www.reuters.com/article/us-toshiba-accounting-western-digital-idUSKBN17M133

Western Digital would consider Japan partners for Toshiba chip unit bid

['Makiko Yamazaki and Kentaro Hamada']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO/SYDNEY, Jan 1 (Reuters) - Western Digital Corp (WDC.O) Chairman Satoshi Nakasone has met Japanese envoys at his Tokyo office ahead of a confidential bid by Toshiba Corp to buy its semiconductor business for $7.8 billion.\nThe two sides - Japan’s Mitsubishi Heavy Industries (MMI) and Japan’s Ohno of the Industrial Group - are meeting separately on Wednesday in the Japanese capital, and the Japanese government must decide whether to accept a deal, representatives for the firms told Reuters.\nThe Mitsubishi and Ohno I&O discussions will likely focus on Toshiba’s acquisition of its chip business, which will boost the global player’s chip market share in most of the world, representatives for Japanese and Ohno I&O said.\n“The two countries have conducted a brief engagement with our respective government representatives. The conversation was cordial and cordial but no hard edges were drawn,” the firms’ representatives said in a statement.\nHandsets maker Western Digital said on Tuesday it would also continue to negotiate with Japanese investors for a potential premium to its share price.\nSeparately, Mitsubishi Heavy Industries (MHI) said it expects Japanese Prime Minister Shinzo Abe and Japanese Minister of Industry and Commerce Hiroshige Seko will discuss a proposal from Ohno to buy the chip unit’s assets.\nJapanese government sources had earlier told Reuters that Japan’s Ministry of Economy, Trade and Industry was reviewing the offer.\nThe buyout would heighten a boom in Japan’s semiconductor output, which has been key to Western Digital’s growth in recent years as it focuses on two segments for the clean energy sector - its Keio and Dia product lines.\nAt least 35 percent of Japanese semiconductor manufacturing is now switched on and there is a large demand for panel and sensor chips to control this transformation, according to the International Institute for Research and Development.\nWestern Digital now sees about 50 percent of its panel and sensor chips produced in the United States coming from low-power NAND chips.\n']

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http://www.reuters.com/article/us-spotify-merlin-idUSKBN17M1QU

http://www.reuters.com/article/us-spotify-merlin-idUSKBN17M1QU

Spotify ensures independent artists are on board with fresh deal

['Helena Soderpalm and Sophie Sassard']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['LONDON/MUMBAI (Reuters) - Four years after breaking the streaming barrier, artist makers and VPs are one step closer to ending an era when a handful of artists felt like they had quit the music business, thanks to a major new deal.\nFILE PHOTO: Billboard Mandatory Credit: Courtesy/Adam Lewis-Mckesson/File Photo\nSpotify, the streaming music site run by Spotify Inc, announced its new deal with visual composers to allow them to work on songs for them later than in previous deals. It will also allow producers to submit songs to Spotify for composers to buy after having signed a music deal.\nIn December, Madonna, the backing artists of hit songs by Nine Inch Nails, Dave Grohl and Nicki Minaj, filed U.S. copyright infringement lawsuits against Spotify and three of its independent labels - Sony Music Entertainment, Universal Music Group and Warner Music Group. It included two Beatles songs and provided a soundtrack to a video for Eminem.\nAdding acts will set Spotify up with the voices of more than 300 music people, as the site considers artists across genres such as electro, hip-hop, R&B, pop, alternative and spoken word.\nSpotify retains the rights to the artists and their music, and has built a cloud-based system that can be downloaded directly to their devices and puts all recordings on Spotify.\nWhile it is leaving digital music behind, players like Spotify have continued to present unsigned artists with cheap alternatives to having their music streamed to a record label or through other distribution channels, through a patchwork of payment systems.\nThe deal with Spotify follows a move by streaming players Facebook Inc and Pandora Media Inc last summer to collaborate on deals.\n"A lot of labels have only been there a generation, just like their musicians, but the way in which companies are trying to create collaboration between the independent world and the general world of music and DJs who are the key players is the open-ended music model that gives Pandora such an opportunity," said Pierre Boutermann, an independent music producer in the United States.\nSince the beginning of the century, labels have failed to agree a single deadline to plug a player, or end up paying musicians to play their music on Spotify.\nThat frustration intensified in the United States where the global payment system, known as digital royalty, has led to fee hikes and legal fees for musicians who use the service.\nThe push to get artists to collaborate is at the heart of the negotiations, said Boutermann, as musicians discuss the terms of future deals with the platform.\nSpotify has the financial backing and investment for the deal and aims to strengthen its relationships with independent labels and pay creators, Boutermann said.\n"It will really help put these artists together, this is a win-win," he said.\nPaul Eklund, a leader in independent music in the United States, said giving songwriters the ability to submit music to Spotify was crucial to success.\n"It\'s a truly fundamental shift to make sure the artists feel a part of the music business," he said.\n"If we don\'t be going for total control of the copyright for free and then all that we\'re asking of our artists to think about it, then it\'s just not a good thing."\nSpotify\'s decision not to make any profits from musicians has riled some on the financial services industry. This month, shareholders of music-streaming startup Rdio, which has about 12 million active users, said the service was setting its attention away from Spotify.\nSpotify is set to announce the release of new digital music this summer.\n']

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http://www.reuters.com/article/us-usa-crime-justice-idUSKBN17M2KA

http://www.reuters.com/article/us-usa-crime-justice-idUSKBN17M2KA

Trump administration will not ignore white collar crime: Justice official

['Karen Freifeld']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - The Trump administration will not ignore the allegations of felonies and misdemeanors that brought the worst of the deep-state violence against blacks and Latinos, the Justice Department’s top lawyer said on Tuesday.\nThe president of the United States answers questions from reporters at the White House in Washington, January 1, 2017. REUTERS/Yuri Gripas\nThomas Shannon testified before a House Oversight Committee panel about the government’s failure to connect black-riding criminals to the “radical Islamic Terrorist Networks,” another unnamed official told Reuters.\nThe revelations set off another round of outrage. Of the 400,000 people caught up in a massive program called Operation Fast and Furious, more than two-thirds are charged with criminal counts ranging from child molestation to gun smuggling.\nFor the year ending last December, more than 5,000 felons were jailed, an average of about $40,000 a year. The program allowed guns on U.S. border and in Arizona by U.S. law to get to people in the United States on visas.\nWhite House spokeswoman Sarah Huckabee Sanders said the administration would continue efforts to educate the public about the threat of criminals.\n“These are criminal networks and victims, and the public is going to be taught it better than we’ve ever heard before. We’ll continue to prosecute and bring perpetrators to justice,” she said.\nAaron Altman, who worked on Operation Fast and Furious for U.S. Customs and Border Protection (CBP), told the committee he saw similarities between the “Red Scare” for criminal networks operating under the Federal Bureau of Investigation (FBI) and the 1997 Democratic-controlled Congress.\n“Republicans in Congress became more concerned about paper money and tax evasion. These kinds of crimes were only available to black and Latino men,” Altman said.\nCBP Director Robert Mueller, who has taken a senior position at the agency, confirmed he was in touch with White House staff and called Mueller to discuss the conduct of U.S. government agents around guns obtained by Mexican drug cartels.\nMueller “very publicly committed perjury in office and lied to the American people,” Mueller said.\nDemocrats have called for the government to reveal information about the gang operations, where people who pose a safety risk must be detained and “slipped out” by the department.\n“There’s no excuse for releasing these memos to the media - without their proper scrutiny - unless someone is being prosecuted,” the legislative leaders said.\nEarlier on Tuesday, Democrats asked the Justice Department to try to hold U.S. immigration agents more accountable for locking black criminals and tracking them to their homes.\nAssistant Attorney General Gunman Edwards, who takes over for Mueller, said the White House would cooperate with congressional inquiries, but did not elaborate.\nDemocrats criticized Obama administration records released in October by the Justice Department, arguing they shed light on cases that had surfaced during the administration of Obama, including gun sales to the cartels.\nSessions wrote last month in a memo that the Justice Department could not determine why cartels did not quickly comply with court orders, but did not face criminal charges related to the October gun sales.\n']

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http://www.reuters.com/article/us-usa-corn-toxins-exclusive-idUSKBN17N2M5

http://www.reuters.com/article/us-usa-corn-toxins-exclusive-idUSKBN17N2M5

Exclusive: Vomitoxin makes nasty appearance for U.S. farm sector

['P.J. Huffstutter and Michael Hirtzer']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Animal and plant diseases that were previously dismissed as mostly harmless have left Americans exposed to more dangerous toxins called “vomitoxin” - and a new strain of the toxin is threatening the nation’s economy, a Republican lawmaker said on Tuesday.\nFILE PHOTO: A cat bowls on a leash as cats are shown in front of it while investigating rabies at a veterinary clinic in Quasylpec, Czech Republic August 6, 2014. REUTERS/Dado Ruvic/File Photo\nRepublican Representative Janesville Democrat Thomas Dubner said a new strain of unknown anthrax-like toxin called the vomitoxin kraut, which makes people think they have been infected by a rodent, “has been taken off the shelves of very important food supplies across the country.”\nIt is a toxic irritant already considered one of the most prevalent by health officials. An updated list of products labeled “could potentially be hazardous,” it has an “appropriate, irrevocable, fatal form.”\nFederal food safety officials declined to release details about the new plant, but said in a statement that chemical misappropriation of animal products would not be tolerated. They said it was possible anthrax-like toxin fits the mold of other pathogens.\nSlideshow (3 Images)\nThe Associated Press contributed to this report.\n']

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http://www.reuters.com/article/us-exxon-mobil-sanctions-russia-usa-idUSKBN17N2B5

http://www.reuters.com/article/us-exxon-mobil-sanctions-russia-usa-idUSKBN17N2B5

U.S. will not give Exxon permission to drill in Russia

['Yeganeh Torbati and Ernest Scheyder']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["FILE PHOTO: Smoke is seen from Exxon Mobil Corp's (XOM.N) new fuel development facility in Carlsbad, California March 19, 2014. REUTERS/Gene Blevins/File Photo\nWASHINGTON (Reuters) - U.S. Secretary of State Rex Tillerson’s new advice to Russian energy company Petropiar is no follow-up to a letter from Chairman John Browne in April seeking to persuade the company to settle a pending legal case over parts of its production of liquefied natural gas.\nThe letter first was sent in April, in reaction to an earlier complaint by Russia’s Public Prosecutor’s Office, and is now titled “The Head of Petro Sdn Bhd (Petro Russia) Gen.,” in contrast to Browne’s April letter, which only referred to the case in one letter.\nPetro Russia is Russia’s second-largest oil and gas producer. It has gone through a bruising review process to settle a $100 million lawsuit in December 2016.\nOil giant Exxon Mobil Corp (XOM.N) said at the time that the company had plans to drill in the Russian Yisrael section of its gas field with potential for additional production.\nRather than release the date for the Russian natural gas discovery and investment, a Rosneft spokesman said on Monday that Exxon “does not plan to test drilling for a second part of the Yisrael gas field.”\nRosneft has told the Russian government it expects its first gas production of higher-quality natural gas in the first half of this year.\nThe company and Exxon were each blocked from drilling in another part of their fields, Zhelya, before Rosneft decided to develop the rest of the field last year.\nVladimir Kozlov, head of Rosneft’s corporate court, said on Friday that there were no plans to sell Yisrael at current prices.\nThe U.S. Energy Information Administration on Monday said it does not expect any “new opportunities” for the sale of Russian natural gas to the United States.\nOverall, it said “there is no possibility that U.S. energy companies will be allowed to buy additional Russian gas.”\n“The pipeline from Russian fields to Canada is expected to close at the end of 2020, the field involved will remain open to acquisitions, and we will expect other forms of entry in any markets for Russian gas,” Natarajan said in an emailed statement.\n"]

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http://www.reuters.com/article/us-usa-healthcare-idUSKBN17N2BD

http://www.reuters.com/article/us-usa-healthcare-idUSKBN17N2BD

Uphill battle looms as Trump seeks revamped healthcare plan

['Susan Cornwell']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - President Donald Trump’s transition team is calling on Democrats to work to design a fresh version of the healthcare reform plan before they consider votes to amend or repeal it before Senate Majority Leader Mitch McConnell in the Senate begins a final push to approve it.\nFILE PHOTO: U.S. President Donald Trump, shortly after swearing in U.S. Sen. Tim Scott (R-SC) at the swearing-in ceremony of Senator Jeff Sessions (R-AL) and Senator Angus King (I-ME) in the chamber at U.S. Capitol in Washington, U.S., September 13, 2017. REUTERS/Leah Millis/File Photo\nThe party divide is growing as the election campaign enters its fifth month, with so-called “super committees” by Democrats to decide on legislation, while Republican primaries continue. As of Monday, the coordination seemed entrenched but political tensions have emerged.\n“Democrats should figure out how they can get across the president’s call for a new healthcare plan, and say what they can and cannot do to fix the healthcare system,” said Rep. Trent Franks, who represents parts of Arizona.\nFailure to enact the necessary changes could trigger a legal challenge, or at least slow down some work on a fundamental reform. A definitive version, an unmodified version of the bill that McConnell unveiled a week ago, will have to first receive unanimous Republican support before it can be voted on.\nBut some experts say Trump is determined to return to something less extreme.\n“In order to win the presidency, (Trump) has to be able to show he’s willing to maintain the same form of health care that we currently offer,” said Craig Silverstein, an expert on government-owned health insurers and a professor of government at Claremont McKenna College in California.\nThe effort could prompt the Trump administration to rewrite the Affordable Care Act, the 2017 law enacted to help millions of people obtain coverage.\nDemocrats are already planning two major changes.\nFirst, they are proposing to eliminate the Medicaid expansion that aims to build out the ACA’s subsidies to states to give them a lucrative tax break to build higher-paying health insurance exchanges.\nThe Democrats also are proposing that the federal government reclassify prescription drug benefit programs as no-drug-overdose-free drugs.\nThe risks are extreme, the lawmakers said.\n“If we don’t actually end up fixing these problems, we would end up with another broken Obamacare,” said Rep. Adam Schiff, D-Calif., the top Democrat on the House Intelligence Committee.\nOn the other hand, Democrats are still determined to push various ACA changes, including a requirement that states try to enroll all people by Oct. 1, rather than just offering them the option of Medicaid.\nPat Brady, a spokeswoman for the Trump transition team, declined to comment on the legislation when contacted by Reuters.\nAs of Monday evening, McConnell’s office said the administration was continuing efforts to shepherd the bill through the Senate. The move “will determine if there is sufficient bipartisan support to pave the way forward,” spokeswoman Lindsay Walters said.\n']

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http://www.reuters.com/article/us-usa-immigration-sanctuary-idUSKBN17N2JA

http://www.reuters.com/article/us-usa-immigration-sanctuary-idUSKBN17N2JA

Washington threatens funding cut to California, other ’sanctuary’ areas

['Julia Edwards Ainsley and Andy Sullivan']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - A week after the Senate rejected California’s sanctuary law, the Trump administration called for cutting funding to the states following threats by Congress of a 45 percent cut to the federal government’s prison capacity.\nFILE PHOTO: U.S. President Donald Trump attends a meeting with State Department officials to discuss U.S. implementation of the Paris Agreement on climate change during the National Meeting of the American Industry and Commerce in the East Room of the White House in Washington, U.S., October 2, 2017. REUTERS/Andrew Kelly/File Photo\nU.S. states will pay $84 million of the federal budget for prison renovations, the Office of the Undersheriff of Washington state on Thursday said in a statement.\nArizona will fund the remaining $7.9 million, the state department said, but the remainder will go toward worker health and education programs. Washington, Iowa and New Mexico will contribute more, the federal department said.\nSanctuary states can be targeted by the Trump administration when they refuse to cooperate with federal immigration authorities.\nCalifornia officials warned in recent days that the plan faces “a severe financial and legal burden” if President Donald Trump’s administration, which is under pressure from Democratic lawmakers to halt funding to sanctuary jurisdictions, doesn’t follow through on the original threats.\nSenate Majority Leader Mitch McConnell said he expected the cuts to be fully funded by November’s mid-term elections.\n“I’m so sorry we didn’t get the funding we requested,” Washington state Governor Jay Inslee told reporters. “It’s not just bad for California, it’s dangerous for all our allies.”\nWashington also has offered to do more to crack down on illegal immigration and expose the nation’s foreign ties.\nRepublicans also favor cutting state budgets, particularly those that fight the importation of foreign goods, a fact that worries some of them.\nCritics from President Donald Trump’s presidential campaign said it was unconstitutional to police immigrants from seven countries - Iran, Iraq, Libya, Somalia, Sudan and Yemen - illegally, and to exclude residents and their families.\nOne day after the Senate rejected California’s sanctuary law, senior administration officials blamed them on a “financial structure” not keeping up with demands for funding.\n“California’s fiscal position is not one that has been saved with long-term support from the federal government,” said Kristen Nally, a spokeswoman for Trump in Hawaii.\nIn Connecticut, where the state Senate approved a $10 million increase for a year that would cover inmate health care, Republican Governor Chris Christie accused the administration of “kicking the can down the road.”\n“Where’s the money for people just fleeing the violence and oppression?” Christie said on Thursday at the White House.\n“That’s what’s wrong with this system,” he said.\nAdding to the problems, Trump’s pick for Treasury Secretary, Steve Mnuchin, is looking to keep $40 billion in excess borrowing this year for other programs, including the federally funded Whittier Bridge tunnel project.\nAt an unrelated conference, Trump blamed Republicans for funding U.S. rail projects and urged them to “be a little nimble” when it comes to potential legislation.\n“He pointed to the National Guard Guard,” Jeff Israel, a White House spokesman, said of the White House idea of creating a new brigada to transport troops overseas. “I think you could use the DOL for, you know, a weapon, or whatever.”\n']

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http://www.reuters.com/article/us-usa-tax-mnuchin-idUSKBN17N2GD?il=0

http://www.reuters.com/article/us-usa-tax-mnuchin-idUSKBN17N2GD?il=0

Trump sets U.S. tax reform announcement, orders tax rule review

['David Morgan']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - President Donald Trump on Tuesday launched a broad U.S. plan to slash rates on most investment income, simplify the tax code and overhaul Wall Street regulation to avert a plan known as the biggest tax change since the financial crisis.\nU.S. President Donald Trump delivers a speech at the Steven Schwoldy real estate development building, in Englewood, Colorado January 2, 2019. REUTERS/Rick Wilking\nPresident Donald Trump set the tax plan set for release by Trump on Monday and demanded the final report next month. It sets a June deadline for finalizing the new law.\nA preview of Trump’s plan showed he expected major changes, many of them more sweeping than he introduced during his campaign. Business taxes, the non-essential infrastructure to boot, were the focus.\nOther details were scant.\nThe tax plan calls for 50 percent tax cuts, $1.25 trillion, for all taxpayers, and increases to the corporate rate to 35 percent. Under the plan, the top rate will decline to 35 percent. That sum will be gradually rebalanced to lower and somewhat lower tax rates in the decades to come.\nThere is a fairness clause that allows companies to make up the difference if they have a large portion of their income and buy the same assets on the open market to meet a tax rebates. Companies could also afford to borrow money to meet the limits of their federal tax bill.\nMeanwhile, the plan calls for a new investment tax credit on investment income as a result of a regulation that “represents a significant change.” It would provide a 1 percent tax on investment income for businesses and raise income tax rates for individual Americans from their current 15 percent to 20 percent.\nThere are also plans to cut business taxes.\nPrivate businesses, many of which have largely gone blue last year, are dropping their taxes but remain wary of spending to further tighten the budget. If the overhaul passed with strong bipartisan support the result would be sharply worse if it went into effect.\n']

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http://www.reuters.com/article/us-usa-mattis-israel-idUSKBN17N0SN?il=0

http://www.reuters.com/article/us-usa-mattis-israel-idUSKBN17N0SN?il=0

U.S. defense secretary says Syria dispersed warplanes, retains chemical weapons

['Idrees Ali']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - U.S. defense secretary Jim Mattis defended his strategy to allow certain Syrian forces to return to the battle lines agreed to in Syria’s civil war, saying such behavior demonstrated “a pattern of extremism.”\nFILE PHOTO: U.S. Defense Secretary Jim Mattis watches Vice President Mike Pence listen to Deputy Secretary of State for European Affairs Virginia Tilley speak before the 47th annual Joint Chiefs of Staff national security meeting in Maryland, Maryland, U.S., December 21, 2017. REUTERS/Mike Theiler/File Photo\n“There was a pattern of extremism among the Syrian rebels that allowed them to seize that regime and smuggle a large amount of chemical weapons,” Mattis told reporters at an event hosted by the Centers for Disease Control and Prevention.\nThe Kremlin and Damascus government denied the allegation, suggesting the rebels were fighting solely against Assad’s forces.\nThe Syrian and Russian governments have in the past been at odds over allegations that rebel forces have been shelling chemical weapons stockpiles to set up protected shelters in areas hit by ground assaults.\nMattis said that the global response to the violence had “not been great, it has not been overwhelming.”\n“But I think we have contributed, through the United States and our allies, to a lot of these changes,” he said, adding that he would “push to the U.S. Congress for an amendment that will limit the deal that I’m talking about here.”\nDuring a visit to a U.S. military base in northwestern Syria last week, Mattis said his decision to extend the operating hours for the military’s chemical weapons program after about half a year of delays frustrated armed opposition to the agreement, and described Syrian President Bashar al-Assad’s reaction as “dismissive.”\nMattis said the U.S. “has accomplished a lot of this,” but added that the threat posed by the Assad regime “will never have a permanent role, and as I’ve said, it’s a reality that will require coordinated action by the U.S. government and allies.”\nIn Syria’s civil war, which began in 2011, nearly 250,000 people have been killed in each of the 14 years of peace talks between the government and opposition.\nMattis said the U.S. and other coalition fighters have not reported any positive change in the ongoing conflict against the Islamic State, which has been driven from one area, captured by al Qaeda-linked groups, to another and has lost tens of thousands of lives.\n“So I’m sure the ISIS threat will be a smaller threat than it was before, but certainly it has not increased as far as we would like to see,” he said.\nU.S. and allied chemical weapons experts are due to arrive in Saudi Arabia and is expected to discuss the future of some Syrian chemical weapons once a week, Mattis said.\n']

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http://www.reuters.com/article/us-imf-g-idUSKBN17N24I?il=0

http://www.reuters.com/article/us-imf-g-idUSKBN17N24I?il=0

U.S., global financial leaders skirt trade frictions, tout collaboration

['Francesco Canepa and Gernot Heller']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FRANKFURT (Reuters) - World leaders met in Frankfurt on Monday to bury fears about a trade war, after the trade war intensified after Trump landed in Paris and overnight to negotiate a revised North American Free Trade Agreement.\nWorld leaders attend a security meeting ahead of a ministerial meeting in Dusseldorf, Germany, January 1, 2021. REUTERS/Ralph Orlowski\nBrunei Prime Minister Saavi Hamid told Reuters the agreement would “step back” on the 28-nation “Merkel/Trump” NAFTA but that did not mean that it was on his schedule.\nLeaders met in sessions to stress their commitment to improving relations between regional and global industries and discuss ways to tackle trans-border trade.\nBut the outcome was not close to the nuanced outline set out in a final document for the talks in November, the New York Times reported, citing anonymous sources.\n“The meeting focused on all sectors of the economy and the domestic economy,” said Bank of America Merrill Lynch economist Rich Tognoni, echoing comments by the banks.\n“Looking ahead, there will be larger issues to discuss than ‘moving through markets’ on trade issues,” he added.\nRepresentatives of the United States, Canada, Mexico and Peru met in Washington, D.C., on Friday to discuss a long-sought, landmark accord to curb trade tensions between the world’s two largest economies.\nMany the signatories of the agreement are Brazil, South Africa, India, China, the United States, Canada, Mexico, and Japan.\nTheir inclusion allowed Trump to attend a pomp-filled ceremony before signing the agreement, some of which was previously negotiated by the Mexican and Canadian governments.\nThe scale of the changes was being debated on both sides of the Atlantic, with many countries wanting significant progress on trade, and on other areas such as tax reform, and details of a future trade deal with the European Union.\nU.S. President Donald Trump waves before the unveiling of the US$35 billion Comprehensive Economic and Trade Agreement between the United States and the European Union in Washington, September 27, 2017. REUTERS/Joshua Roberts\nAt the “Open” White House meeting in which Trump is attending, U.S. Trade Representative Robert Lighthizer presented a detailed list of ideas for a draft free trade agreement that was closely watched by senior leaders but involved no new duties on U.S. products.\nTrump also told leaders that he believes the comprehensive agreement, which calls for a 25 percent tariff on U.S. imports of Mexican steel and aluminum, will help drive up U.S. productivity and make American products more competitive abroad.\nJapan’s Jiji news agency said the Japanese took the news seriously, after an invitation to attend had been extended by U.S. Secretary of State Mike Pompeo.\nTaiwan Chief Cabinet Secretary Yun Shin said he knew Trump had declared his intent on the North American Free Trade Agreement, but that Taiwan and China have a “challenging relation”.\n“We think these discussions will push us forward on this topic,” said the Taiwanese general, speaking on condition of anonymity.\nBritain’s Telegraph newspaper said the negotiations had turned the page on the renegotiation of the North American Free Trade Agreement and supported an agreement that would have created three separate free markets.\nAsked about the trade frictions, British Prime Minister Theresa May told reporters that the deal was “committed to a wide range of constructive and achievable approaches”.\n']

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http://www.reuters.com/article/us-imf-g20-japan-idUSKBN17O008?il=0

http://www.reuters.com/article/us-imf-g20-japan-idUSKBN17O008?il=0

Japan’s Aso: Do not expect G20 to lean toward protectionism

['Leika Kihara']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO (Reuters) - In line with the policies of his government, Japanese Prime Minister Shinzo Abe also said it would be much easier to avoid what he described as a “G20 Club of nations” if the group was to come to grips with global imbalances.\nPrime Minister Shinzo Abe, in Tokyo, December 20, 2017. REUTERS/Kim Kyung-Hoon\nIn a keynote speech on Thursday at Tokyo’s Soichiro Hosokawa College, Abe said the world was not immune to global excesses because those problems would have to be remedied by the labor market and other factors.\nBeijing is holding up agreements on trade with Tokyo to protect it from protectionism, and Abe in recent weeks has made clear his desire to wind down free trade agreements with others.\nThat meant Abe was particularly likely to come up with an alternative way to deal with that trade imbalance, rather than focusing on slowing the trend toward protectionism with Japan.\nBut Abe has argued that protectionism is fundamentally unfair to Japan, saying that countries should treat it as a national cost and that stopping the current system would make it more difficult to defend.\nWhile ignoring the arguments of a hypothetical discussion of a G20 meeting, Abe also took a step toward conflict resolution, taking an unusual approach to discussing the vast subject of global trade.\n“We have not agreed on any specific rule-limit. But we are willing to talk to people who think about regulation ... there could be a law which could be signed,” he said.\nThe ailing yen was a central theme of his speech, and the outlook for Japan was also bright. The yen set a two-week high against the dollar on Thursday in anticipation of President Donald Trump’s proposal for a so-called fiscal stimulus, aimed at rolling back some of the global-financial excesses that sparked the 2007-09 crisis.\nBut Abe was not expected to do more on both policy matters.\nMost analysts expect his government to pursue government-led fiscal and monetary easing to dampen the yen while expanding foreign-exchange reserves to the tune of 500 billion yen ($3.2 billion). They do not expect a major step towards denuclearization, which could push up the yen.\nJapanese political parties are rushing to form government on October 25,, but they face a battle ahead for two-thirds of seats as the conservative ruling Liberal Democratic Party would likely have to seek a majority.\nBut Abe told the lawmakers that improving trade and international trade was a major step in resolving disputes. He also said Japan was willing to participate in international trade panels in the future.\n']

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http://www.reuters.com/article/us-ual-passenger-idUSKBN17N2H4?il=0

http://www.reuters.com/article/us-ual-passenger-idUSKBN17N2H4?il=0

United CEO Munoz will not chair board in 2018 following passenger furor

['Alana Wise']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - U.S. Chief Executive Officer Achille Lauro will not chair the newly elected advisory board he has formed to advise United Airlines under new rules the Air Line Pilots Association (ALPA) has proposed, the company’s board of directors said on Thursday.\nUL has not yet said when it will issue its annual report after following through on its pledge to remove Munoz from the independent advisory panel it formed last year, some supporters of the influential aviation entrepreneur said.\nIn a response to ALPA’s initial proposal, ALPA president Bill Carmody said his new board was the best possible model.\n“The current makeup of the advisory board holds much more meaning than simply its composition and composition,” Carmody said in a statement.\n“We look forward to working with the ALPA on creating a pragmatic, harmonious and mutually beneficial organization.”\nALPA was announced in August.\nLauro, 51, resigned as CEO of UAL following the massive furor that has swept through the airline industry in the United States and Europe.\nIn September, UAL board chair Stan Owens said the company was committed to developing a viable business model that would combine key revenue and profit drivers and create a strong and sustainable airline brand.\nUL’s other board members are Louis Grenz, CEO of UB Travel Corp, and Dan Wilson, CEO of the parent company of ULA. (Reporting by Alana Wise in Bengaluru and Douglas Busvine in Washington; Editing by Jeffrey Benkoe)\n']

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http://www.reuters.com/article/us-usa-immigration-visa-idUSKBN17N2BR?il=0

http://www.reuters.com/article/us-usa-immigration-visa-idUSKBN17N2BR?il=0

Waiting for green cards, Indian visa-holders see hope in Trump review

['Stephen Nellis']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["NEW DELHI (Reuters) - The White House proposed on Tuesday allowing Indian visas for U.S. green cards holders and visa holders from seven countries, among them Zimbabwe, which is campaigning for their resettlement following the October election of President Donald Trump.\nFILE PHOTO: President Trump during a campaign rally for Democratic nominee Hillary Clinton is greeted by his daughter Ivanka as she attends the 'Women's National Invitation Day Party' in Washington, U.S., March 3, 2016. REUTERS/Gary Cameron/File Photo\nPresident Donald Trump, meanwhile, singled out six nations whose nationals will be persecuted for political views and rights they advocate. Some of the countries are Democratic states such as New York and California, and others are under U.S. presidential sanctions.\nTrump, who has limited his travel to the United States since taking office on Jan. 20, has not set a policy in earnest about increasing United States import of goods.\n“It’s an opportunity for New York to look at our visa policies,” Transportation Secretary Elaine Chao told reporters.\nThe United States “aims to have all visa holders, no matter the category, be able to fulfill our commitments to be eligible to use the U.S. visa system,” Chao said.\nBut in an interview with Bloomberg News on Tuesday, African countries and New York’s San Francisco office said there was no need for them to change their visa policies.\n“We are open to all visa holders that are entering the country in different ways. But we have been in conversation with (India) — and we are very excited that we can work together with them to be able to implement policies that are consistent with our preferences,” said Madhu Maurya, a spokeswoman for Kenya, where most of the visas are being issued.\nThe African countries have not yet made a final decision, said Nauman Chemi, the spokesman for Indian Parliament, where the National Conference of Indian Vidhan Sabha is calling for a moratorium on visas.\nSingapore, the only third-country in the Asia-Pacific region with its own visa system, has consistently limited its visits to U.S. green cards holders.\nChinese President Xi Jinping invited two million citizens from United States to work in China in a tweet on Tuesday. He said the Obama administration had taken affirmative steps to improve ties.\nU.S. policy toward India, which is already India’s number one trading partner, prompted the administration to move to allow visas to U.S. residents from eight countries back in 2014.\nDemocratic congressional Representative Tulsi Gabbard, who helped broker the deal, said the travel ban will help “prevent persecution” in some countries.\n“It was really a privilege to go to India and to come back with a group of India-Americans here. ... These are so many things we want to bring to India,” Gabbard told the Reuters India Business Summit in New Delhi.\n"]

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http://www.reuters.com/article/us-wellsfargo-accounts-calpers-idUSKBN17N2MQ?il=0

http://www.reuters.com/article/us-wellsfargo-accounts-calpers-idUSKBN17N2MQ?il=0

Two big California pension systems oppose nine Wells Fargo directors

['Ross Kerber']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['The new Wells Fargo and its proxy wars reveal just how complex and powerful the big banks are in delivering services to so many Americans.\nA handful of major California and Oregon pension funds now fear the banks might use their wealth to incite anti-trust laws, defeat non-profits and sexually abuse investors.\nThe systems concerned are California Public Employees’ Retirement System, the Teachers’ Retirement System of California, the Employees’ Retirement System of Oregon and the State Teachers Retirement System of California. They say the banks mismanage their financial and ethical risks to their employees and borrowers, and to the detriment of them, both.\nThe six-member supervisory board, to represent up to 10,000 people at 10 major pension funds, in a 4-1 vote Wednesday, supported the proposal by Wells Fargo’s board of directors.\nThat was only after Wells Fargo U.S. Chairman John Stumpf retired from the stock and has become a leading investor in pension funds in the Bay Area.\n“We really believe that the governance model is to maximize the opportunity for well-run financial advisors in the age of blockchain, smart contract and tokenize,” Mary Nyman, a State Teachers’ spokeswoman, said in an email.\nIn the past few years, she added, the California funds’ managers have encouraged asset managers and other advisory firms to sell advanced technologies for the economy’s growing number of retirement accounts.\n“We are working with the California pension funds as they seek to explore various innovative strategies to drive services to customers and promote public trust,” Nyman wrote.\nThe funds argued in the proxy that bank’s reluctance to implement other conflicts of interest controls are needed to improve financial performance and informed disclosure.\nThe California pension funds argue that a top division in Wells Fargo’s stock board collides with executive compensation, including stock, without regard to the board’s performance. And that it exaggerates financial risks.\nWilton R. Fowler, a consultant who serves on the boards for other major California and Oregon pension fund boards, joined the California group as an independent reviewer. He told Reuters in December that the California fund plans to give the board eight months to remove any conflict of interest.\nWells Fargo, Stanford, Aspen, Billimoria and Wilmington Trust, which have been in the pipeline for more than a decade, have argued in court that a small handful of benefits linked to an independent director’s compensation was “too small” to warrant approval.\nSince the 9/11 terrorist attacks, the banks have been doing more to come after critics of Glass-Steagall, or the split between financial services and the real estate industry, because of controversial special treatment allowed by the Federal Reserve. The banks argued that the banking industry is protected by Glass-Steagall.\n']

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http://www.reuters.com/article/us-usa-trump-regulation-idUSKBN17N248?il=0

http://www.reuters.com/article/us-usa-trump-regulation-idUSKBN17N248?il=0

Trump orders review of financial rules to prevent future crises

['Pete Schroeder']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - President Donald Trump’s administration has ordered the Department of Treasury to review the financial rules that apply to financial institutions that fail to comply with the financial bailout guidelines enacted under the administration of former President Barack Obama, the White House said on Monday.\nU.S. President Donald Trump smiles during a visit to the Long-Term Care Management facility in Chicago, Illinois January 6, 2017. REUTERS/Kevork Djansezian\nThe Treasury Department said it would review the financial regulation needed to strengthen credit quality in financial institutions and curtail the use of derivatives. It cited details that include the return of capital risk during certain periods when the so-called shadow banking system was amenable.\n“I want to thank the Treasury Department and other stakeholders involved in the process as we evaluate these key factors to see if we need to further strengthen and adjust the financial regulations that govern financial institutions,” White House press secretary Sarah Huckabee Sanders said.\nThe review could take three months or longer, she said. “We’ll be supporting them appropriately as they determine how they should proceed,” she said.\nThe global financial system has undergone extensive reforms over the past few years as policymakers pursue market-based reforms to fix systemic weaknesses. The financial crisis triggered by Wall Street’s failure to embrace new safety and soundness rules was the main cause of an unprecedented global crash last year.\nUnder the regulations put in place under Obama, companies have been required to establish benchmarks for trading in riskiest securities.\nThat process, required under the 2012 Dodd-Frank Wall Street reform law, has left shatters or disrupted large loans, defective investments and other financial activities.\nThe exchanges shuttered in 2013, pushed ahead by legislation by Republican president-elect Donald Trump to undo the Dodd-Frank legislation passed by Congress in 2015.\nIn December, Trump, who later declined to vote for any new Trump administration rules, said he expected the institutions to be open to competition from American competitors.\nOne uncertainty in the economic outlook, however, has been Wall Street’s willingness to hold its own rate of return. The average Treasury investor returns 10 percent on Treasury securities each year and its main bond component returned 4.8 percent in 2015, according to a 2016 analysis by Bloomberg.\n']

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http://www.reuters.com/article/us-venezuela-politics-idUSKBN17N1SH?il=0

http://www.reuters.com/article/us-venezuela-politics-idUSKBN17N1SH?il=0

Eight electrocuted in Caracas looting amid Venezuela protests: firefighter

['Eyanir Chinea and Efrain Otero']

01-01-2021

reuters.com

success_wayback

gen

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['CARACAS (Reuters) - Eight people were electrocuted outside an opposition party headquarters on Wednesday, in what Venezuela’s opposition said was an attack by a student arsonist on motorbikes, a day after demonstrations against President Nicolas Maduro, which have paralyzed government buildings.\nRebel gunmen fired gunshots to the air in the western neighbourhood of Coronado, starting a flare and light, in the Venezuelan capital, Venezuelan media reported.\nTracing the investigation of the massacre to the vandalism of fire stations across the country, Cienfuegos Caracas, a government agency on Wednesday promised to investigate the fire. Caracas Mayor Jesus Gil said authorities would receive all leads, from the media and activists who shared information with them.\nMaduro said the fire at the administrative building in Coronado was arson, and more than 30 of the charred victims were women and children, according to social media accounts that said they were among 42 people.\n“This is an act by arsonists, organized by another group, who decided to take this place illegally,” he said. “On the contrary, they took aim at the government, at the people.”\nOne police officer said the fire broke out from outside the building at around 10 p.m. Tuesday, minutes after the man who stormed the compound took control.\nIt was not immediately clear who set fire to the building, Caracas residents said.\nSeveral minutes later, around 2:00 a.m., more than 50 men dressed in white uniforms, some burning black body armour, danced with their comrades through the dilapidated building, rummaging through the machinery.\nThe figure among the demonstrators differed from some others after several drove in the cars, wielding pistols and Molotov cocktails.\nAt least 26 people were arrested in Caracas and surrounding communities by police after President Nicolas Maduro complained on Tuesday that people were on the streets protesting against the government, only to be attacked by armed men.\nThe demonstrations have taken Venezuelans by surprise and accelerated since last year’s armed military coup. The world has been gripped by a crisis that has led to an economic crisis and has evoked anger in the United States, with protests spreading in Latin America and the Caribbean.\nMaduro has pledged an 18-day government shutdown and claimed that the allegations of an arsonist were unproven.\n']

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http://www.reuters.com/article/us-bebe-stores-restructuring-idUSKBN17N1AG?il=0

http://www.reuters.com/article/us-bebe-stores-restructuring-idUSKBN17N1AG?il=0

Struggling apparel retailer Bebe to shut all stores

['Sruthi Ramakrishnan']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - American fashion and accessories retailer Bebe Stores Inc BEBE.O will shut half of its 14 independent stores and give up the sales floor, the company said on Wednesday, as a steep slide in consumer spending amid Europe’s debt crisis increases pressure on the economy.\nFILE PHOTO: A Bebe Store is seen in Aliso Viejo, California, California U.S., November 3, 2017. REUTERS/Lucy Nicholson/File Photo\nIt will have open and new shops in the affected stores, which are expected to be closed by the end of March, the company said in a statement.\nBebe, which competes with the likes of ModCloth, Gucci, Viktor & Rolf and Wet Seal Inc (WOT.N), said it expects to incur a non-cash impairment charge of about $375 million to $365 million.\nFor more than a year Bebe has battled heavy competition in the sector led by Britain’s top fashion and accessories retailer Forever 21 Inc (FREZ.O), as well as online challenger MeZi and issues of accounting irregularities in its most recent annual report.\nBebe, which also makes golf shoes, treadmills and fabric, said comparable sales fell to $424.3 million in the year ended Dec. 31 from $433.2 million, a 4 percent decline in the prior quarter.\nThe company, which started selling dresses and casual wear last year, said it had been on a rapid turnaround program since being acquired in August 2015. It recorded a significant cost restructuring program in 2016 and in 2017.\nIt added that it would spend at least $75 million by 2023 on to-date initiatives including launch of new stores and enhancements to existing stores to assist in sales growth.\nShares of Bebe ended on Wednesday up 1.4 percent at $23.28.\n']

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http://www.reuters.com/article/us-imf-g20-ukraine-idUSKBN17N2LB?il=0

http://www.reuters.com/article/us-imf-g20-ukraine-idUSKBN17N2LB?il=0

Ukraine not worried relations with U.S. fraying in Trump era

['Lindsay Dunsmuir']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["MOSCOW (Reuters) - The prolonged U.S. war in Afghanistan and persistent trade sanctions have softened Ukrainian Prime Minister Arseniy Yatsenyuk in his efforts to stabilize relations with Moscow and stave off political instability, his government has said.\nUkraine's Prime Minister Arseniy Yatsenyuk stands outside his office in Kiev February 2, 2016. REUTERS/Vasily Fedosenko\nThe deepening strains between Russia and Washington, strained relations at home and armed conflict with the NATO allies against Russia in the former Soviet Union, have stoked the Ukrainian economy in many ways since President Viktor Yanukovich was toppled in 2014.\nSuch row and fallout has forced Yatsenyuk to develop a working-level foreign policy under Chief of Staff Sergey Kirillovich, his second-term government said in a statement on Thursday.\nYatsenyuk has told officials he wants the United States to play a bigger role in his government, made up of nationalist lawmakers and a smaller group of security forces loyal to former Ukrainian President Viktor Yanukovich.\nBut he faces a tough choice in 2016 over whether to bring in a new government on top of existing ones and whether to broaden the ministerial council to include retired generals, ministers and foreign ministers and trigger a period of unity in the new state.\nThe new government has promised to roll back Russian annexation of Crimea from Ukraine and the appointment of parliamentarians to the powers it has.\nAt the same time, it has given the West until March 6 to impose sanctions on Russia, unless Moscow shuts the door to the international process of normalising relations with the West.\nRussia has not gone easy on Yatsenyuk and his government. Officials said a new budget approved last month included no new oil deals with Ukraine’s biggest oil company, Orangebank (OSKYU.MM).\n“The government of our country is on a much stronger footing under this new chairman, Sergey Kirillovich, and its actions will only help the recovery of the country’s economic progress,” Yatsenyuk told a news conference.\nHis statement did not say if the United States would follow up on its demand for Moscow to withdraw its troops from Georgia before a June 30 election on which Russia claims Georgia’s independence.\nThe issue is especially sensitive in Ukraine, where the state is suffering from economic crisis caused by Russia’s annexation of Crimea, fighting in the east and government order changes that hindered the finances of expatriate business.\nIn Russia’s economic system, sales of goods and services were all raised by executives in small businesses around the world. Many foreign expatriates have moved to Hong Kong, while the main foreign companies have merged.\nYatsenyuk said Ukrainian business leaders were increasingly frustrated with the price they were paying for importing goods and services from Russia, as their tax rates have risen.\n“We cannot have a serious business. We have a highly damaged economy, particularly among expatriates, because the price of everything in the commodity sector has increased and everyone in the commodity sector is unhappy,” he said.\nThe figure for the state sector’s pay is higher than those in comparable European countries.\n“They were angry at us and worried about that happening. That is why the government has distributed 70 billion euros ($94 billion) in loans and made money flow through the banking system,” he said.\n($1 = 0.7385 euros)\n"]

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http://www.reuters.com/article/us-italy-rating-fitch-idUSKBN17N2KR?il=0

http://www.reuters.com/article/us-italy-rating-fitch-idUSKBN17N2KR?il=0

Fitch cuts Italy’s debt rating; cites weak growth, political risk

['Gavin Jones']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["LONDON (Reuters) - Italy’s credit rating dropped to B from B, warning signs that increasing political risk would be forced on the central bank to help the government, though without an outright negative rating action.\nFILE PHOTO: Italy's Prime Minister Silvio Berlusconi attends a government working session on the High Court crisis at the Silvio Berlusconi Foundation in Rome, Italy, June 14, 2017. REUTERS/Remo Casilli/File Photo\nThe Stuttgart-based Fitch cited factors ranging from political risk in Italy to the possibility the troika of euro zone creditors could come back to the table and balk at massive fresh debt sales by the ECB.\n“It is reasonably likely that the ECB would need to intervene and the general political risk associated with it will be put on the sidelines before that’s required,” said Guenter Brekneau, a Fitch economist, adding that we could see negative new financing requirements built in to the EU’s recent growth data and the ability to get countries paying their bills through central banks.\nItaly’s two-year borrowing costs hit a 21-month high on Wednesday, after a 6.2 percent coupon rate hike by the European Central Bank sent borrowing costs near record lows, raising concern of the weak growth outlook for Italy and its indebted eurozone peers.\nThe European Union is due to publish its own inflation data next week, which analysts are saying could be critical to dig into Italy’s economy and comment on whether the country’s debt burden is being addressed.\nAnd even the monthly Fitch report on Friday projected the economy would slow this year, along with a series of weakening foreign and domestic demand.\nThe bank said Italy’s euro zone growth rate was expected to slip to 3.3 percent in 2020 from 3.4 percent in 2021, the lowest in euro zone history, following a sharp slowdown in 2017.\nIt also forecast a weaker than expected surge in financing costs, pushing up the cost of the government borrowing in the second half of the year, thereby lowering the funding requirement in the run-up to next year’s election.\nThe bank also forecast that Italian growth will slow further in 2019, which would squeeze the country’s massive public deficit at an estimated 2.7 percent of gross domestic product in 2018 and about 1.2 percent in 2019-2020, down from a 2017 1.9 percent surplus.\nAlso negatively impacted by an anticipated Greek exit from the euro zone next year and the possibility of the Troika holding back on more economic aid were ailing consumer growth prospects, especially in southern Europe.\nOn Friday the European Commission released its latest estimates for 2018 and next year, projecting the bloc’s economy was set to grow 2.8 percent from 2017-2019, its biggest annual gain since 2011.\n“The contraction is so severe that it is likely to eat into the country’s competitiveness, make its political infighting negative for it, and have a negative impact on ongoing investment reforms,” said Brian Pringle, an economist at UBS in London.\nWhether or not politicians take to the polls in key European countries when they appear to have galvanised public sentiment to turn government-debt into workable legislation should prove a key issue.\nAsked whether the absence of any official outcome in Germany on the radical steps European leaders have taken to tackle the crisis could have an impact, Die Linke (Drive for Betterment) leader Andreas Schuler said Germany would give “a broad and strong backing” to what he called “a radical” plan to curb spending, said contributing to falling domestic consumption.\nFollowing the ECB’s interest rate hike in November, the ECB kept its main benchmark interest rate unchanged at zero, maintaining an easing bias after last month’s rate rise.\nWhen markets took market reaction as a warning sign, the move helped Italian bond yields also jump.\n"]

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http://www.reuters.com/article/us-usa-stocks-idUSKBN17N1C0?il=0

http://www.reuters.com/article/us-usa-stocks-idUSKBN17N1C0?il=0

Wall Street dips before French election, but up for week

['Chuck Mikolajczak']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Stocks ended lower after mixed economic numbers, pushing the benchmark S&P 500 to its lowest level since December 2013, while boosting energy stocks, trying to counter weakness in oil prices.\nU.S. stocks turned mixed after three straight days of gains, with the Dow\'s decline starting at 9:32 a.m. EST and the S&P\'s decline topping 9 percent for the week.\nThe Dow Jones Industrial Average fell 42.53 points, or 0.7 percent, to 21,306.35, the S&P 500 lost 1.69 points, or 0.05 percent, to 2,761.72 and the Nasdaq Composite dropped 2.26 points, or 0.2 percent, to 5,814.27.\n"People are worried about the presidential election, and investors are likely going to be using their cash position to draw some money into stock buybacks or for dividend purposes," said Doug Estes, head of research at ETX Capital in Falls Church, Virginia.\nU.S. consumer confidence rose in December to its highest since September 2015, ahead of fourth-quarter GDP estimates and strength in job growth. It was the eighth month of improvement, and the government said revisions to economic growth were better than expected in November.\nThat sent the S&P energy index tumbling 2.5 percent, the S&P financials index lost 1.8 percent and the energy index tumbled 2.2 percent.\n"Trump has proved himself a fan favorite to many of us," said Michael O\'Rourke, president of Philpott & Rosin Equity Research in Philadelphia. "It\'s going to take a lot more than a rash of disappointing earnings releases to force businesses to do what we\'ve been dreading for several months."\nThe dollar weakened as the Federal Reserve kept interest rates near zero while keeping the benchmark lending rate unchanged. Worries about Europe\'s debt crisis spurred bids for European assets.\nEuro zone central bank policymakers hinted that the bloc\'s debt problems would dominate the discussion after an afternoon of rate meetings and testimony.\nGreek Prime Minister Alexis Tsipras held a series of talks with finance minister Euclid Tsakalotos, the first foreign leader to visit since Tsipras\' leftist party swept to power in mid-December, hoping to press for a bailout.\nFinancials were the weakest sector on the S&P 500, after their worst week in more than five years. The Nasdaq Composite\'s financials index lost 1.6 percent.\nHomebuilders were the most heavily weighted gainer on the S&P 500 after Donald Trump was sworn in as the nation\'s 45th president. The S&P was the best-performing stock on the S&P 500 on Thursday.\nOn the heels of tepid economic data, automakers did little to shrug off the opening numbers from a better-than-expected rise in industry sales, while aircraft operators were pressured as skittish Brexit-related airlines posted weak flight demand.\nPoultry processing companies were under pressure after an investigation concluded the industry defies a landmark quarantine rule by stepping up protection from birds infected with deadly E. coli, according to Reuters data.\n']

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http://www.reuters.com/article/us-arkansas-execution-idUSKBN17N1IO

http://www.reuters.com/article/us-arkansas-execution-idUSKBN17N1IO

Arkansas execution flurry marks early test for new Justice Gorsuch

['Lawrence Hurley and Jon Herskovitz']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON/JACKSON, Ark. (Reuters) - Arkansas led all U.S. states in executions after the early arrival of Justice Neil Gorsuch on the federal bench on Wednesday, with life-saving drug combinations and the lethal injection mix well upstaged by a heavy dose of fentanyl.\nFILE PHOTO: Illinois Department of Corrections Steven Pate examines a balloon containing clemency packets at a makeshift execution site in McHenry County, Illinois June 7, 2014. REUTERS/Jim Young/File Photo\nAny fatigue felt from taking the drug, fentanyl, into mid-June last year led to a surge in execution visits and a number of deaths last year.\n“Since June I have never seen as many injection sites as I have,” said Noah Wogdekal, a senior administrative law judge at the Kentucky Supreme Court. “I’ve never seen such double-digit death rate in the state. It is huge.”\nSome 45,000 people across the United States have been sent to die in death row since early April when Democrats in the U.S. Senate took up New Trade Reform and the Patient Protection and Affordable Care Act. Republicans have taken up the botched executions.\nThere was a first-time injection in Arkansas in late November, when 33 of 166 condemned inmates were put to death. That followed an injection in May when the lethal injection drugs were administered at an earlier date in Maryland and Decatur, Illinois.\nArkansas found new ways to kill inmates that senators David Vitter and Joaquin Castro tied to the state’s lethal injection procedures or slow such executions, with emergency doses that lock all but ones that can carry a high dose.\n“We worked hard on this. The actual procedure was fairly standard,” said Jehaun Johnson, head of lethal injection testing at the state’s Department of Correction.\nDrugs were flowing past inmates at 57,000 at the prison in Addison, Illinois, police said. Mississippi had the fewest executions, 37.\nIn Oklahoma, the last time the state had more executions, late last year, 68 inmates were put to death from injection. That was less than half the number in Kentucky.\nIn Colorado, six inmates were put to death - none of them who died from fentanyl.\nThe chairwoman of Arkansas’ U.S. Senate Judiciary Committee said Trump’s nominee to be the next attorney general “saw the need to shine a light on this epidemic and to acknowledge that this is something that this nation urgently needs to confront.”\nCALLS FOR FLEXIBILITY\nThursday’s announcement by Pate, 49, a University of Michigan law professor who used intravenous fumigation, underscores the urgency of removing capital punishment in the United States. He has advocated that states demand up to seven years of supervised release for each execution.\nArkansas has executed more than two dozen people since it shut down the state’s first capital punishment program in 2006.\nU.S. senators Richard Blumenthal and Kirsten Gillibrand, a New York Democrat, said at the Senate Judiciary Committee hearing they would raise the threat of a moratorium on capital punishment as a way to “not only protect the public interest but also ensure the death penalty is carried out.”\nJoe Conlan, who runs Abroad in Context, an organization that supports people battling drugs, said Arkansas should be praised for “putting a safety net on the well-being of death row inmates and being able to do that when they need it.”\nArkansas, a Republican-led state, has pursued lethal injection for more than a decade as a way to address record-high inmate demands for drugs. It has already put an inmate in execution in December, using an injection for a maximum punishment of 20 years.\nPate faces time served in solitary confinement, and has indicated in the past that a decline in executions will bring longer-term problems. Colorado has put a man to death in January for raping a 9-year-old girl on the grounds of a state prison.\n“I hope it’s a wake-up call that other states are having to take more aggressive action,” said Daniel Roth, director of the Law Offices of Tim Salveson and Gelb, of 30 Death Row Attorneys at the Arkansas Bar Association.\nLockLock, a maker of medical sedatives like the sedative sedzinophil that is used in Texas and Mexico, will make a final product of some 110 capsules of intravenous fumigation in addition to about 200 doses of fentanyl.\n']

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http://www.reuters.com/article/us-southchinasea-philippines-idUSKBN17N1ZH

http://www.reuters.com/article/us-southchinasea-philippines-idUSKBN17N1ZH

In shadow of China’s reef city, Philippines seeks upgrade for its island patriots

['Ronn Bautista']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['DUBAI (Reuters) - Philippines marine conservationists say they cannot afford to overlook the island of Campos island, where vessels guard their drill ships along a dusty riverbed that looks to like a lonely nickel mine, as the country grapples with damage from surging sea levels and the contribution of Beijing to the reef.\nOn the eastern side of Campos, Philippine scientists are working on a beach-recreation project which uses reclaimed rocks, a tall ship-shaped pool, a lighthouse, a turtle reservoir and other experimental satellite images to incorporate its natural surroundings into an interactive navigation concept.\nAlthough the Philippines has largely refused to recognize any volcanic activity off its coast, a last-minute territorial breakthrough is likely to help fuel international attention on the island and allow greater scrutiny on a crucial security issue that touches on the heart of the communist government.\nBrigadier General Stephanie Renghis said her team was open to the development of a set of islands over a 100 square mile (160 square km) stretch of remote wilderness, but had yet to explore them thoroughly, looking for clues on how to make the islands more permanent.\nIndonesia’s Yangtze River basin and China’s Cui Tianfu on its northeastern fringes are sacred to Manila, but worry about overcrowding and exploitation of the Aquatic Conservation Zone, including 2,600-square-mile (4,000-square-km) zone near Campos.\n“We have strong and strong memories of our founding fathers and have received stories from them,” Renghis said in a recent interview. “The reasons for our denunciation of China are many, many, many: They simply overbear our feet,” she said.\nWhile the Philippines is unsure what the impact will be on its own marine reserves, Renghis said Manila would continue to defend its territories through dialogue and the use of technology.\n“As president, what we are doing now is preventing the unilateral or unilateral actions by China and others,” she said. “We have an urgent need to stop these actions.”\nZambian coast guard records show the island in the 600-square-kilometer zone around Campos with what are believed to be the world’s largest marine reserves, though Angolan authorities have refused to speak to local media.\nNevertheless, many U.S. government agencies say the Philippines’ long-standing suspicion of China’s influence in the continent rests on perception rather than actual facts.\n“They are part of the Chinese pre-eminence in the world,” Renghis said. “They are the big fish in the Pacific, out-of-favor.”\n']

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http://www.reuters.com/article/us-usa-results-idUSKBN17N2HM

http://www.reuters.com/article/us-usa-results-idUSKBN17N2HM

Wall Street gears up for busiest earnings week in years

['Caroline Valetkevitch']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - United States financial institutions are set to report initial January full-year earnings on Wednesday after ringing the bell on Wall Street on Tuesday, with many investors going bracing for a much more active week than in years past.\nA workman using a saw in a New York skyline was silhouetted against a billowing sky above downtown Manhattan on January 1, 2015. REUTERS/Brendan McDermid\nAlong with world markets and rising energy costs, the tech sector is also expected to benefit as investors look to earnings season to build a bullish case for the future of technology, its cost-saving advantages and peerless free cash flow that leverages leverage and reputations.\nRetailers, luxury goods makers and consumers are also expected to report their best January since 2014 as well, though many analysts expect the past two weeks’ positive driving to weigh on overall profit.\n“January is not as positive as it used to be, but February usually is when you see early numbers going up,” said Diane Swonk, chief investment officer at Wells Fargo Advisors.\nStocks, in a rally since November that pushed Dow futures to multi-year highs, have rallied $2.65 per share, or 2.8 percent, on Tuesday. By Wednesday, the broader market is projected to surge nearly $14.50 per share, just 0.2 percent.\nWall Street also will return to its trading calendar on Wednesday, which analysts expect is the busiest of the year for consumer shares, and allows investors to trade strategy around the coming earnings.\nTop customers for the best cash flow, dollar depreciation and the ability to repatriate stocks have helped drive so-called full-year earnings to 24 percent from 20 percent. Even with corporate earnings moving forward, such strong sales means that net income is likely to expand significantly, especially in a region where earnings growth is sluggish.\n“If you’re going to be going to be able to produce a lot of forward earnings, you’re going to be able to do that,” said Liana Baker, chief investment officer at Franklin Templeton Investments.\nThose ahead include furniture makers, several traditional stocks in the consumer sector, such as Saks (SKS.N), Nordstrom (JWN.N) and Home Depot (HD.N).\n“It’s a huge marketplace,” said Gina Mazzucchelli, managing director at Pointe Capital Management in New York. “Wall Street just doesn’t have the exposure to those kind of deals that they did in 2015.”\nMIXED QIRONI\nSome gains have been on pace this month - $93 billion in companies reported earnings for the year to December. From companies this week, the earnings calendar is crowded, with the best January on record in December last year.\nApple Inc (AAPL.O) , the world’s largest technology company, earned $41.6 billion in its most recent quarter, up 20 percent from $41.4 billion in the same period a year earlier.\nAmazon.com Inc (AMZN.O) , the world’s largest online retailer and parent of Amazon Web Services, reported $46.2 billion in its latest quarter, up 24 percent from $46.2 billion in the same period a year earlier.\nSources have said Amazon will be at the centre of three accounting scandals expected to face regulators. Amazon has said it will propose a 100 percent net refund to customers for past post-disclosure claims about its warehouse locations.\nNike Inc NKE.N on Monday earned $5.6 billion in its latest quarter, which topped analysts’ forecasts of $4.95 billion, and revenue of $26.4 billion.\nBut those estimates have been tempered by recent reports that Nike and Adidas AG (ADDYY.PA) have faced problems with their inventory levels. Adidas said in a Thursday regulatory filing that deliveries at its Chicago factories would plunge in 2014, one of several failed recalls.\n']

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http://www.reuters.com/article/us-usa-immigration-terrorism-exceptions-idUSKBN17N13C

http://www.reuters.com/article/us-usa-immigration-terrorism-exceptions-idUSKBN17N13C

Trump administration may change rules that allow terror victims to immigrate to U.S.

['Mica Rosenberg and Yeganeh Torbati']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - The Trump administration may change its policy on immigration to accept certain refugees and temporarily accept Iraqi migrants fleeing attacks in neighboring Syria, Interior Secretary Ryan Zinke said on Monday.\nFILE PHOTO: Trump supporters drive a car on the George Washington Bridge after Trump tweeted that he had changed the regulation regarding immigration to this year, REUTERS/John Minchillo/File Photo\nThe United States will no longer accept refugees and migrants from Libya, which has joined a group of African states in adopting a violent and Islamist policy, despite U.S. policy not to accept migrants from the seven Muslim-majority countries.\n“I’m very very excited for all of us to work together to remove barriers for an orderly migration,” Zinke said, urging U.S. officials to open the door to long-delayed air travel over Syria.\nWhile Washington is debating whether to grant Syrian refugees the right to travel over the entire territory of its territory, “We are not giving them the right to be here,” Zinke told reporters as he announced that the U.S. will not accept Syrian refugees and would accept Iraqi refugees if they have been displaced in the previous six months.\nZinke told reporters that a review of visa policies involving the United States would be coming soon.\nHe said the decision to exclude Syrian refugees was made after concern it could cut a major humanitarian aid mission in the country and the desert on the nation’s southern border from six weeks to two months.\nLast month, Zinke pledged “a thorough review” of the refugee policy for the United States but made no further progress.\nZinke, who also heads the Environmental Protection Agency, was traveling with the Transportation Security Administration (TSA) to the European Union for its annual national security meetings, when he said some areas of the U.S. Capitol in Washington were almost too congested to allow vehicles to pass.\nThe department could also reassign several Border Patrol agents stationed across the U.S. border to deal with “extreme-risk conditions,” Zinke said.\nThe TSA said roughly 120 international students were applying for visas to travel to the United States this year.\nSome of those passengers were members of Iraq’s “Islamic State” group, the agency said, following government officials’ meetings with the groups in Baghdad.\nLast week, President Donald Trump announced plans to close the Mexican border, focusing on controlling illegal migrants who haul tens of thousands of people across the border each year. A report issued in December by the Justice Department’s inspector general said many civilians often travel back and forth as they attempt to avoid being apprehended by border guards.\nAny removal of such migrants would mark a huge milestone for a previously relatively welcoming government, which created the U.S. refugee program after the Sept. 11, 2001, terrorist attacks.\n“He [Zinke] made a very tough, historic decision for our country to remove people in dangerous situations,” said Christiana Aguilar, co-founder of the Center for Immigration Studies, a centrist think tank.\n“We really are seeing some very serious deaths,” Aguilar said.\n']

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http://www.reuters.com/article/us-europe-banks-breakingviews-idUSKBN17N113

http://www.reuters.com/article/us-europe-banks-breakingviews-idUSKBN17N113

How tech pushed finance into a status crisis

['Dominic Elliott']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['LONDON (Reuters) - Electric carmakers Yamaha Inc and Renault SA are talking about becoming a global funder of financial technology, hoping to get around the significant constraint imposed by regulators and adopt the same digital credentials.\nFILE PHOTO: Yamaha is seen during a meeting with the Chief Executive of Renault SA, Carlos Ghosn, at an automobile showroom in Seville, Spain September 7, 2017. REUTERS/Sergio Perez/File Photo\nGlobalization has brought new technology at prices, putting pressure on banks to borrow more money because of low availability and the weakening recovery from the global financial crisis. Credit-card firms have reported growing issues with poor technology at banks - many of them foreign – driven to looking increasingly vulnerable to regulatory intervention.\nBut tech firms are also taking risks, offering a business model that back-ends the financial sector, offloading debt backed by factories.\nYamaha and Renault are under pressure from regulators and peers to propose a trade partner for information technology.\nCEO Carlos Ghosn said last week that he hoped a so-called “second-skin” approach would be offered to any tech firm to create more partnerships for connected cars.\nStamps.com, Alibaba Group Holding Ltd’s (BABA.N) Alibaba Group said in October it had worked with AI firms such as Citrix Systems (CTXS.O) and Apple Inc (AAPL.O) to create technologies tailored to address digital needs.\nYamaha spokesman Karl Pugh said the auto makers would be a boon for technology companies, but the sector has other advantages for the sector - along with “brand loyalty”.\n“We’re getting to the point where tech companies actually have skills, and don’t necessarily need banks,” he said.\nRESOURCES\nThe nascent relationship between Silicon Valley and London that could be leveraged by India’s state-backed firms with technology make sense, as long as firms don’t raise the fees for technology transfer or banking.\n“It’s a concept that is moving forward. We’re really looking forward to integrating with the state-backed partners,” said Neil MacDonald, head of Innovation and Technology at EY, which advises the world’s top companies on capital flows.\nYamaha’s move would help the industry, because its technology is able to adapt and operate at the level of an “electronic currency” that helps a small number of manufacturers outsource many functions to banks and other financial institutions.\n“Not everyone in Europe wants to be in direct competition with banks. Those with poor technology systems or low-quality products need to do so. That’s what we want to solve,” Pugh said.\nYamaha, one of the world’s most popular carmakers, has tried to collaborate with tech groups in the past. In 2015 the company held an investor meeting with European carmaker PSA Peugeot Citroen (PEUP.PA) that led to the creation of the Silicon Valley Automobiles & Chemicals Partnership.\nAGAINST BONDS\nFinancial products, by contrast, only appeal to a fraction of the roughly $27 trillion in credit-card borrowing in the world, the European Union reports. Banks such as U.S. refiners Citigroup Inc (C.N) and Morgan Stanley (MS.N) have said they are wary of new technology like this, arguing that it’s unsuitable for sensitive financial data such as mortgages and credit cards.\nThere are signs yet of a falling-out, however.\n“Technological reforms have slowed or even stopped. They’re easing,” said Ola Times columnist Kerry Guason. “But the same risks that concern consumers can manifest itself. And, with Uber, the vulnerabilities are surely getting bigger.”\nThe big advantage the companies will gain, says Thomas Young, global head of technology capital at Morgan Stanley.\n“These companies have a big platform,” he said. “They have customers and supplier relationships that are shared by the two groups, that is your retail brand in the consumer world, and the retail brand in the financial world. So how do you implement that sort of thing? That’s one of the opportunities.”\n']

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http://www.reuters.com/article/us-twitter-privacy-idUSKBN17N2IY

http://www.reuters.com/article/us-twitter-privacy-idUSKBN17N2IY

U.S. Homeland Security probes possible abuse in Twitter summons case

['David Ingram']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON, Jan 1 (Reuters) - Federal authorities said on Wednesday they have issued a formal summons to two potential “suspicious persons” under the federal public defender’s office’s 2017 misbehavior investigation over the Chicago Tribune’s subpoenas for Twitter and the FBI.\nTwitter declined to comment. The agencies have said they have received hundreds of complaints in the past year related to the subpoenas for its technology. Twitter has received less than 1 percent of the complaints sought in that investigation.\nFBI Deputy Chief Brian Wallace said in a letter dated Jan. 1 that the probe was “likely” related to tweets that allegedly used abusive language on Twitter as recently as last month.\nDavid Kessler, the executive director of the Center for Digital Democracy, said in a statement on Wednesday that the request raised “sensational concerns” and called the recent summons “an unusual step that a court must take to ensure that Twitter is adhering to the law in this matter.”\nWallace said: “This action is likely to pose a significant risk to Twitter’s financial interests.”\nThe Chicago Tribune is suing a Twitter professional about eight months after it first began receiving and processing subpoenas. Last November, the Associated Press filed a similar complaint. A spokeswoman for the AP declined to say whether the subpoenas involve Twitter.\nArbitrator David Berger on Tuesday upheld a case filed by Twitter against the Chicago Tribune with the same division of the civil justice division of the U.S. Securities and Exchange Commission and the Federal Trade Commission. Berger determined the Tribune made a false statement about some of the tweet recommendations.\nIn an 18-page decision, Berger cited Google Advertising’s stance that it is not permitted to pick individual Twitter users for ad deals.\nIn the Times’ report last month, The Intercept said Twitter’s unfettered use of Twitter resulted in a “global scam” that helped illicit members of Russian intelligence spread hundreds of thousands of fake accounts that appeared to be used in the political campaigns of former President Barack Obama.\nTwitter said it is committed to working with the FTC and SEC on the issue and there will be “no further comment.”\n']

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http://www.reuters.com/article/us-usa-crime-hernandez-idUSKBN17N270

http://www.reuters.com/article/us-usa-crime-hernandez-idUSKBN17N270

Keep evidence from ex-NFLer Hernandez’s prison suicide: judge

['Joseph Ax']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["NEW YORK (Reuters) - Marijuana use and suicide have been linked to Hernandez’s prison suicide, a trial judge on Thursday heard, but Hernandez’s use of his own marijuana still was dangerous, a defense lawyer said in response to the explosive evidence.\nU.S. Attorney for the Southern District of New York Timothy Koval s in a case trial, including ex-quarterback Drew Brees' testimony during a jury trial for his conviction on sodomy charges. REUTERS/Eric Thayer\nDrew Brees was testifying on behalf of a character witness in Hernandez’s trial, Todd Apting, in which Hernandez recounted a confrontation with two college friends and declared his client a hero.\nHernandez then admitted his guilt and waived his right to a jury trial. He was initially sentenced to 140 months in prison after pleading guilty to a misdemeanor charge, but the judge on Thursday dismissed all the other charges and ordered him to spend five years in prison.\nHernandez, 40, was a college football star at Arizona State University in Tempe, just outside of Seattle. He became a national figure in the NFL after Hernandez was released on a player-evaluation contract in October 2012.\nTeams are required to report athletes to the federal Bureau of Prisons on the last 15 days before they are released to be evaluated for evidence that could help convict a defendant. Prosecutors are trying to bolster the result by claiming Hernandez had a struggle with his mental condition and that he tried to kill himself before he could testify.\nDefense attorney Todd Apting said Hernandez had repeatedly used marijuana in jail, but had never been convicted of a crime.\nHernandez’s attorney, Mark Geragos, said he didn’t believe evidence linking Hernandez’s drug use to his suicide could be relevant.\nHernandez was convicted of perverting the course of justice when, when he was a minor, he shot himself to death with an open fire outside a bar near his Florida mansion in December 2011.\nHernandez’s own attorney, Jon Geragos, argued that prosecutors failed to show that Hernandez believed suicide would be an option in the event that jurors dropped the lesser charge of capital murder.\nHernandez’s lawyer, Mark Geragos, said prosecutors in the case have shown that Hernandez used a pressure cooker as a tool to suffocate the murderer, so the question was whether Hernandez knew that death would be no deterrent.\nGeragos said that while prosecutors were not giving evidence that Hernandez was a drug user, he knew he did in fact use drugs and would not harm himself.\nHernandez’s defense team has agreed that they will have to prove foul play before the verdict will be rendered and that they will take the witness stand to say, “You had a life that was horrible and you didn’t need it”\nBrees, played by Drew Brees and Peyton Manning in the NFL, testified in the trial, saying Hernandez’s behavior was not as violent as many witnesses had offered.\nApting, who grew up in Phoenix and went to a law school, told the jury the two men met in a bar when Hernandez was a college student and shared a few drinks.\nHernandez later wrote his final journal on the night he killed himself, which “presto” was not believed to be a suicide note, Apting said.\nAfter Hernandez was acquitted, Brees drove to LA to be part of a series of speeches where he claimed that Hernandez would kill his ex-girlfriend if she had nothing to do with the trial, prosecutor Jay Engstrom said.\n“If there was anything I could give you, I would tell you Drew Brees right now,” Engstrom said.\nSandy Spacek, defense lawyer for Brees, said that to the standard defense, there was no evidence that Hernandez was a liar or a murderer.\n“The evidence shows that not a single friend should have told you, never even told you that, that he loved Drew Brees,” Spacek said.\n"]

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http://www.reuters.com/article/us-hawaii-sessions-idUSKBN17N2HG

http://www.reuters.com/article/us-hawaii-sessions-idUSKBN17N2HG

Social media outrage as Sessions calls Hawaii ’island in the Pacific’

['Angela Moon']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - A U.S. federal judge called on the states to respect Hawaii’s Constitution and federal law on Thursday but stopped short of a lawsuit that would have challenged the state’s high court ruling of the Logan Act.\nFILE PHOTO: U.S. Assistant Attorney General Ann Miller, assistant director of the Bureau of Labor Statistics, runs with Attorney General Jeff Sessions, following a hearing to outline the powers and responsibilities of the U.S. Department of Justice, in San Francisco, California September 11, 2017. REUTERS/Mike Blake/File Photo\nU.S. District Judge Dana Sabraw in Hawaii ordered the U.S. District Court for the Pacific to recognize Hawaii as a “island” and also to grant a stay of a federal court order in the case challenging the statute, calling the act arbitrary and capricious.\nThe judge’s decision seemed to contradict a letter released by Justice Department lawyers and then-Attorney General Jeff Sessions to Congress that sought to force the states to be fair to each other when it comes to state sovereignty.\n“These actions imply that the president and the Federal Court of Appeals have overstepped their constitutional authority,” Sessions wrote to Senate Judiciary Committee chairman Patrick Leahy, of Vermont, in a letter on Friday.\nThe directive was at odds with a Republican-backed bill submitted to the Senate by Democratic Senator Al Franken, who supports the constitutional interpretation. His bill failed to clear the Senate, largely because of internal disagreements within the Judiciary Committee.\nThe Supreme Court considered a similar case in California this year, under the interpretation of Title 13. The American Civil Liberties Union (ACLU) has asked the federal court to invalidate the state law but the justices on the appeals court rejected that request in a 5-4 decision.\nThe Logan Act was signed by President Donald Trump in July 1989, barring states from doing business with those governments because of their colonial relations.\nIt restricts interracial marriages in Hawaii, prohibiting domestic partnerships that did not exclusively involve one person. There are also seven states that are not US territories.\n']

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http://www.reuters.com/article/us-northkorea-usa-idUSKBN17N0CE

http://www.reuters.com/article/us-northkorea-usa-idUSKBN17N0CE

South Korea on heightened alert as North Korea readies for army anniversary

['Ju-min Park and Ben Blanchard']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SEOUL (Reuters) - South Korea’s military said on Monday it was intensifying an unprecedented alert to deal with North Korea’s three-day artillery offensive against an island the North says is its own.\nThe Defence Ministry, the military’s biggest defence arm, said a high-ranking North Korean soldier from its Self-Defense Forces (SDF) had rushed through the mile-long (2.8 km) Furby band in a mobile artillery attack, using what it called a “long-range suicide”.\nNorth Korea does not operate as a defense service, and the SDF participates in the defence of territories under Korean control. They are considered to be a prerogative of the Kim family, which for decades has dominated the peninsula as a long-range strategic island.\nKim and his father Kim Jong-il, who has been in power since 1997, were warned last week that a new operation was under way as they prepared to turn over their nuclear weapons to South Korea.\nThe soldiers’ capture has so far only provoked further rhetoric from Pyongyang that experts say, encouraged by Kim’s coming to power, could be the launch of a North Korean ballistic missile.\nThe South’s defense ministry said it had ordered an extra high-level military crisis team to brace for North Korea’s planned missile launch, which is likely to be timed for its 40th anniversary this month.\n“The warning of an even greater, longer-range (missile) may lead the military to be prepared for a scenario in which the country may test the readiness to fire three missiles at a time,” it said.\nSouth Korea is already preparing for a possible North Korean artillery fire during a parade this weekend ahead of the 2-1/2 month anniversary of Kim’s father’s death on Jan. 20.\nThe defence ministry’s warning follows an October artillery and rocket barrage across the border from the Chinese capital of Beijing, which killed at least 12 people.\nChina has voiced cautious optimism about South Korea’s defence operations, however, saying it will only be watching closely closely what North Korea does to hit Seoul with the rocket launch.\nThe United States, which has dispatched 4,300 troops to the Korea peninsula since 2010 and has kept its artillery in South Korea since Dec. 17, is in the midst of a security review and has said it will deploy extra 300 troops there.\nThe South’s defence ministry said that a North Korean suicide unit might have breached the South’s Joint Chiefs of Staff warning matrix last week.\n“The country’s armed forces may have conducted reconnaissance into a terminal point along the Ruachoy passageway that may reveal threats to be posed by North Korea’s national security forces,” it said.\n']

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http://www.reuters.com/article/us-global-oil-idUSKBN17N04E

http://www.reuters.com/article/us-global-oil-idUSKBN17N04E

Oil dives, sending U.S. crude below $50 for first time in two weeks

['Julia Simon']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - Oil prices tumbled below $50 per barrel on Monday, pushing Brent down below $50 for the first time since Sept. 15 on concerns over weak U.S. demand and weakening demand for oil from Africa and the Middle East.\nFILE PHOTO: A crude oil storage tank is seen in Cushing, Oklahoma, U.S., January 28, 2017. REUTERS/Steve Sisney/File Photo\nBrent futures for April delivery were down 23 cents at $50.59 a barrel at 0835 GMT, below their last settlement at $50.47 on Friday. The benchmark was up 1.2 percent for the week to mark its eighth straight weekly rise.\nOil is currently down 6.1 percent for the week, marking its first weekly decline since November, and below the U.S. benchmark for the first time since September.\n“Unfortunately, this trend is now turning in the opposite direction as we’re clearly seeing an energy squeeze,” BNP Paribas strategists said in a note.\nOil prices have been battered by concerns over the United States’ demand growth and production at top producers including Saudi Arabia and the United Arab Emirates, as rising U.S. energy production reduces OPEC’s clout in the world’s largest exporter.\nSlideshow (4 Images)\nBut this week, with U.S. crude futures trading below their all-time high of $50.97, pricing pressure has increased and some firms, who depend on oil for its earnings, have entered the market with new management.\nThe world’s largest oil exporter is locked in its biggest financial crisis in many years with assets to pay for its debts and poor track record on debt repayments. A strong domestic shale oil glut has cut crude prices and oil reserves to less than 10 million barrels per day (bpd) from 15.5 million bpd in 2012.\nSome firms are even considering selling some assets, one oilfield service company, McKey Energy SA, said.\n“Over time, there will be a more opportunistic buying for firms to take advantage of political (economic) pressures in the Middle East,” said Gary van Dyk, investment strategist at Royal Bank of Scotland Group Plc in London.\n“We believe the market has already priced in a pause there. What we’re seeing now is a bigger one than we did at this time last year.”\nHouston-based Brent is about to end two weeks of volume over the ICE Futures exchange where major buyers and sellers mix, and U.S. futures are scheduled to expire on Tuesday, said Jeremy Dorn of RBC Capital Markets in London.\nThe sharp slide could trigger further volatility from prices for crude. Prices are near an all-time high of $70.72 set on Sept. 11, 2016, and surged to $69.68 on Sept. 7.\n']

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http://www.reuters.com/article/us-france-election-idUSKBN17N07T

http://www.reuters.com/article/us-france-election-idUSKBN17N07T

Security dominates French election after shooting

['Leigh Thomas and Marine Pennetier']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['PARIS (Reuters) - A gunman opened fire at Paris’ stately Place de la Republique early on Saturday before being subdued and arrested on suspicion of murder, police said, launching new preparations for a presidential election which has been plagued by racist incidents and anti-immigrant sentiment.\nPeople visit the stately Place de la Republique in Paris, France, October 29, 2017. REUTERS/Gonzalo Fuentes\nThe planned candidate runoff between Geert Wilders and Socialist Francois Hollande was initially suspended on Monday after a man opened fire near the presidential palace in the Red Square, the heart of the French capital, injuring at least one person.\nThe candidate to be France’s next prime minister, Wilders, has also been the target of racist attacks in attacks he claims were provoked by racists.\nThe reported gunman opened fire on Rue des Jeunes after being passed by police, before being subdued with tranquilizers. He was arrested when he abandoned the car and ran into the street.\nPolice later said the suspect was an Algerian. A journalist told Reuters that the guard who flagged down the gunman was Tunisian.\n“He turned around and ran towards a red light on Rue des Jeunes,” said the journalist, who declined to be identified as he is not authorized to speak to the media. “That is where this was going. He entered the street and fired at the police.”\nIn a separate incident early on Sunday, a police spokeswoman said six men had been arrested on suspicion of the bombing of a mosque in Paris, which wounded a young man and injured his wife.\nPolice had asked people to avoid Rue des Jeunes, a stone’s throw from the PM’s office. Outside the temporary police station, which he entered to defend himself, a car packed with people stood nearby.\nThe attack hit the popularity of France’s blue-chip stock market, which polls show has been one of the few bright spots in its past year.\nThe mid-December attacks have only added to the already violent season which has seen more and more attacks in recent months and has continued to suggest public opinion is fractured.\nWilders won backing from the majority of France’s parliamentary Republicans in a Dec. 5, poll and after he went on television saying that “false accusations about Muslims and Muslims in the United States will go down in history” he declared of the May 9 Paris attacks: “Islam should remain an evil crime.”\nAngered by Sunday’s attack, which took place in a gay club on a Paris boulevard at the Arc de Triomphe, another man linked to the incident abandoned his car, turned himself in to police and briefly came away with no visible wounds.\nMedia, furious with Wilders’ role in the attack, said Sunday’s attack was a clear message from the Islamic State militant group on its leader. Wilders has shown no regret for saying he would not call for the killing of any French people.\n']

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http://www.reuters.com/article/us-usa-trump-russia-congress-idUSKBN17N23C

http://www.reuters.com/article/us-usa-trump-russia-congress-idUSKBN17N23C

Top U.S. officials to testify in Trump-Russia probe reboot

['Patricia Zengerle']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - The top U.S. officials who testified at the start of President Donald Trump’s investigation into alleged collusion with Russia are expected to help lead an “initial review” of steps Washington would take in response to any controversy, an official said on Friday.\nA White House spokesman declined to comment. A lawyer for U.S. Attorney General Jeff Sessions has said the investigators will examine the actions and personal motivations of Trump and what impact they will have on the investigation.\nTwo government officials said it was likely they would shed light on who paid the price for Russian meddling in the election and what decisions the Trump team might make to safeguard the U.S. election.\nDetails on what the preliminary investigation will look at will be announced on Tuesday in response to the prepared materials on Russian interference that were released on Thursday by U.S. intelligence agencies.\n“I think it will be a formal review, not a partial review, but a big broad review that includes each element that may come into play,” said a senior official with direct knowledge of the White House inquiries.\nThe information would be published in a report on the findings of the latest investigation or later in the week, the official said.\nOne law enforcement official confirmed that the matter was under the investigation. Officials declined to identify which agencies did so.\nThe probe has already involved dozens of officials and staff members, including those who have led the probe of Russia’s alleged meddling.\nEven before the announcement, there had been a cascade of what some have called “deeply troubling” allegations that Trump’s team colluded with Russia in the 2016 campaign to promote him.\nOne senior Trump aide has admitted he crossed his desk to order wiretapping on Trump Tower. Earlier this week, Vice President Mike Pence privately described Moscow’s interference as “scandalous.”\nWhile the Justice Department has not formally accused the Trump team of collusion, President Donald Trump has accused Russian President Vladimir Putin of orchestrating the election fraud that helped him win.\n']

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http://www.reuters.com/article/us-ge-m-a-industrialsolutions-idUSKBN17N25F

http://www.reuters.com/article/us-ge-m-a-industrialsolutions-idUSKBN17N25F

ABB, Schneider Electric bid for General Electric unit: sources

['Greg Roumeliotis']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Electric maker ABB (ABB.NS) and industrial equipment maker Schneider Electric Inc (SLE.N) both filed separate bids for the assets of GE’s (GE.N) unit General Electric Co (GE.N) on Tuesday, an unnamed source said, as the United States prepares to renew stimulus efforts.\nThe U.S. Federal Reserve’s recent announcement of its stimulus package, including $85 billion in loans to the U.S. auto industry and a $70 billion program for infrastructure projects, is widely expected to have some impact on the overall energy and industrial sector, said one of the sources.\nThe sources did not provide a timing or comment period for the bids, given the Federal Reserve plans to keep interest rates near zero through at least the third quarter of 2021.\nAn increasing number of local companies say they have applied for exemptions from the government’s $700 billion bank bailout program to promote investment in the sectors they plan to keep in production or in distribution.\nSince U.S. stimulus helped revive the U.S. economy in late 2012 and early 2013, however, new Fed measures have come into effect to support the sector, which is a key part of GE’s Electric Power business.\nThe sources said that retail investors, whose major buy-side contributors include JC Penney (JCP.N), Gap Inc (GPS.N) and Kellogg Co (K.N), are also now starting to tend to the supply of infrastructure assets in the U.S. Midwest as well as South America.\nThat has created a niche for U.S. customers seeking to acquire gas, electric and other new and emerging power assets.\nThe Federal Reserve has an enormous amount of money it needs to make bond purchases and make massive loans, but does not have the balance sheet needed to make large purchases of assets.\nCurrently the Federal Reserve is likely to maintain its dual mandate of ensuring that the stock market is kept at a comfortable level and that economic growth is sustained and strong.\nALTERNATIVE GAPS\nLast year, Electric Power’s lineup of renewables enabled the company to take advantage of that. This month, Burlington Northern Santa Fe Corp (BNI.N) and Transmission Holdings Inc TCKb.N announced their joint venture, MTCB, which provides both transmission and energy storage capacity to Electric Power.\nThe two businesses will jointly own approximately 87 percent of Electric Power’s project portfolio and will invest up to $1.8 billion in two projects to develop solar projects in San Juan, Puerto Rico, and Hapag-Lloyd Holding AG’s TAF unit.\nThe first phase of the power project is expected to generate an estimated 76,000 megawatts (MW) of clean and renewable energy capacity. The second phase, called Operation PV, is expected to generate 15,000 MW and is expected to create over 700,000 jobs and provide up to 20 years of clean energy.\nElectric Power’s order backlog of 250 MW of solar power capacity will also be expanded this year, and will include 30 MW from Plug Power Corp. (PLUG.O) and 21 MW from Pioneer Natural Resources Co PXD.N.\nAfter the transaction, General Electric will exit its fossil fuel, energy and institutional power businesses, including its aerospace and military businesses.\nThe structure of the Electric Power transaction will also change, though the companies may continue to seek future acquisitions of other industrial companies, sources said.\nIn addition to the General Electric-Sylvania Electric transaction, the companies have partnered to acquire electrical products manufacturing and associated services from a Montreal-based company.\nThe first long-term purchase agreement for Siemens CSD.UL’s Automotive Parts Asia group was signed in April.\nGE has been expecting that the U.S. economy would recover some of the U.S. energy sector’s weakness later this year as well, thanks to efforts aimed at rebalancing the electricity distribution grid as the federal government prepares to reimpose a harsh $85 billion in loan aid to the economy.\n']

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http://www.reuters.com/article/us-france-election-idUSKBN17O0DG

http://www.reuters.com/article/us-france-election-idUSKBN17O0DG

France’s Macron favorite for presidency in runoff with Le Pen

['Sybille de La Hamaide and Matthias Blamont']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["PARIS (Reuters) - French President Emmanuel Macron’s choice as his favorite candidate to win the March 6 presidential election, Marine Le Pen, faces a strong challenge from the far-right party Alternative für Deutschland (AfD), according to the Le Figaro daily.\nMacron, 44, is widely seen as an antidote to the government's increasingly unpopular policies, including austerity measures and increased spending, but won the last major poll and is seen by many voters as the front-runner.\nFrancois Boissinier, who helped draft his party's campaign slogan, “Get Out of Macrons': Put the programme back into place,” is likely to face more stiff competition with Le Pen, by contrast.\nBoissinier, a former head of BFMTV who is one of Macron’s closest confidants, said there were distinct differences in opinion about whether a candidate should represent French voters as a foreign or national.\n“The economic issue is not his strength. It’s sheer ignorance on which he has no experience. The other trait is his campaigning on social issues,” Boissinier said.\nLe Pen drew positive reactions from her supporters and supporters abroad on Sunday during a campaign rally in Paris, part of her drive to win a general election.\nIt took a different approach to a change in the electorate from independence socialists to pragmatists, saying reforms that go against austerity were a contribution to global misery.\nJust weeks before the vote, some conservative parties complained about “de-nationalization” policies by Macron that were seen as excessive and imposed on a number of French businesses.\n“For us it is obvious that Macron doesn’t have a very good chance. From the opposition’s point of view, Macron is extreme in that he ‘has to beat radical right, who no one should be able to agree with’,” Boissinier said.\nLe Pen on Sunday ran the second-best-selling daily newspaper in Paris, drawing the support of around 10 percent of the population. Another 26 percent did not vote.\nThe daily tried to keep the conservative opposition on the defensive by attacking the vote itself, pointing out that it was the first by far-right candidates to enter the race since a series of national elections in the 1960s.\n“Well, Emmanuel Macron is going to win the election, but this is why his campaign has to come together,” Corinne Mandelblatt, head of the Le Figaro campaign, said, calling the last four years “very embarrassing”.\nLe Pen on Sunday called Macron “the ultimate French patriot” and would not rule out a return to the nuclear option if he could overturn the country's decade-long military stand-off with Brussels and NATO.\n"]

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http://www.reuters.com/article/us-imf-g20-france-idUSKBN17O0G1

http://www.reuters.com/article/us-imf-g20-france-idUSKBN17O0G1

ECB can help banks, not governments after French vote: Visco

['Francesco Canepa']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['People walk past an ECM gate displaying the official message on the French Central Bank building, on the corner of the Atlantic and Bay streets in Paris, France, December 17, 2017. REUTERS/Charles Platiau\nFRANKFURT (Reuters) - The European Central Bank should be able to direct businesses and households to make changes to business lending as it hopes it can help the euro zone break a global downturn, the head of the European Banking Authority (EBA) said on Wednesday.\nJulian Visco said there would be more the central bank could do to control regulation and ensure a high level of access to capital for banks across the euro zone at the same time it was pulling back on funding for its main financial centres.\nVisco was speaking at the meeting of European leaders at the G20 finance summit in Hamburg, where the Bank of France was presented in a distinctive honor from the anti-capitalist movement “Pork Chop”.\nThe central bank is also considering restricting lending to small and medium sized firms, according to the Group of 20 finance ministers and central bank chiefs.\nFears that the banking system would not be bailed out by other European countries have fuelled the euro zone crisis, where a deal has been reached to extend the European Union’s rescue fund to help it by three years and limit European bank capital.\nBut EBA’s Visco said this was not likely to be enough, saying the commission’s guidelines “will have to overcome the doubts of many that the bank cannot function within the banking system”.\nThe German-based EBA wants the Bank of England and ECB to remain European central banks in its reference to countries’ incentives for business lending. It opposes the Bank of Japan’s plan for “well-regulated” banks to repay their government bailout loans, and last month expressed alarm over fears that banks would be forced to restructure their loans.\nBut Visco said the EBA’s own work was beginning to show evidence that the bank was doing enough and overall jobs of credit for banks were being protected.\nTalks with the ECB and German Chancellor Angela Merkel over the debt crisis have not dampened economists’ expectations of a “solid” economic recovery in Germany from this year, together with rising consumer confidence.\n“There have been achievements from a variety of areas, from the government to businesses. I would caution that there will be disagreements between the governments and business-friendly policymakers, but given the current environment and the goals pursued by the ECB, there will be room for some discussion,” he said.\n']

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http://www.reuters.com/article/us-imf-g-idUSKBN17O0OD

http://www.reuters.com/article/us-imf-g-idUSKBN17O0OD

IMF members set aside trade split as French vote rattles nerves

['Leika Kihara and Francesco Canepa']

01-01-2021

reuters.com

success_wayback

gen

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['TOKYO (Reuters) - Most members of the International Monetary Fund urged Japan to keep its focus on the strengthening economy, potentially in time for next month’s election, a day after French voters shot down a proposal for a partial Brexit.\nFILE PHOTO: A pedestrian walks past a procession of departed soldiers and other dead soldiers memorialized at Yoki, a center at the end of the Yenaba Prefecture railway station in Tokyo, Japan December 4, 2017. REUTERS/Toru Hanai/File Photo\nSo far this month, the euro zone crisis has dragged heavily on European economies, sending bonds and assets of major exporters to the brink of crisis.\nBut President Tayyip Erdogan’s Western allies, including Britain, France and Germany, want to keep the clock ticking on changes to the pact reached between Tokyo and Brussels last year.\nIMF Managing Director Christine Lagarde said on Friday in London that it was a “reality of affairs, but a feature, in the long run.”\nShe urged the U.S. and European Union to boost their trade ties and to strengthen the financial rules passed by a U.S. Congress last year to ensure standards for financial markets.\n“An international transaction tax, a customs levy and relatively tough trade rules and investment restrictions will do less to slow the global economy than just financial sanctions,” Lagarde said.\nAnother part of Lagarde’s agenda was to move away from the view that the dollar must stay strong in the face of attacks on its value.\nThe Brexit proposal by France’s Marine Le Pen has spread into political circles, rolling into events where economists warn on Wednesday that a disorderly exit from the euro zone could have a serious chilling effect on the global economy.\nFacing a headwind of diminished business confidence and heightened uncertainty, French voters approved a last-minute constitutional amendment on Saturday to ban popular vote and amend the constitution to strengthen France’s independence.\nThe Socialist’s Francois Hollande, campaigning in a decision by analysts last week, said his government would abide by the law.\nThe French government on Thursday passed a measure to introduce a new limit on the number of TV channels in France.\n“In the past, French television coverage had much in common with the U.S.”, a reference to right-wing tabloid TV network France 2, which is controlled by the billionaire media tycoon Jana Winterstein.\nOther members of the IMF, which speaks for the 19 percent of the world’s population on the euro zone, raised the stakes.\n“Market reactions to Brexit are a measure of opinion that the decision on the EU membership negotiations will provoke further interest among developing countries,” they said in a statement published by the IMF’s website.\nJapan, which includes large exporters like Germany, is unlikely to lift support for the euro but others don’t want to see it turn into a currency bubble.\nThe IMF sees emerging economies growing faster than developed economies due to low prices for commodities and less government intervention, which benefits big exporters and makes them more competitive.\nIt expects countries from the BRICS group of emerging economies, which includes Brazil, Russia, India and China, to grow at an average of about 4 percent a year from 2020 to 2023. (Additional reporting by Kazunori Takada; Editing by Clarence Fernandez)\n']

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http://www.reuters.com/article/us-american-airline-passenger-idUSKBN17O04Y

http://www.reuters.com/article/us-american-airline-passenger-idUSKBN17O04Y

American Airlines apologizes for onboard clash over stroller

['Barbara Goldberg']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - American Airlines and parent AMR Corp apologized on Thursday for an onboard brawl on a flight from New York to Houston that turned into a training accident, as the airline’s fleet engineers review their response after the incident.\nA video of the brawl posted online showed four experienced Canadian airline pilots ejecting from a plane in a “near-death encounter,” according to the Canadian Broadcasting Corp.\n“We apologize to any passengers, crew or employee onboard of our recent flying incident at Dallas/Fort Worth International Airport,” the companies said in a statement to Reuters.\n“We are concerned by the levels of concern in this situation and will be implementing measures to ensure it does not occur again.”\nThe incident occurred in the early hours of Dec. 30 while Pilots aboard the Airbus A320-200 were preparing to enter an international flight bound for the Caribbean island of St. Martin.\nPilots were told to proceed at 45 degrees Fahrenheit (28 Celsius) to get inside a cockpit with the attendants, an assistant coach and two cabin crew members, acting on a medical call, officials said.\nShortly thereafter, most of the crew arrived at the bathroom and an engineer and flight attendant were on a stretcher, suffering injuries, such as visible marks on their necks from falling debris.\n“The crew members came to realize that the plane was too fast and that they could not go any further,” passengers onboard said in a video clip posted on a web site by GlobalPublic.\n“We were a little afraid of the worst and we were realizing that because it was too fast, it was not safe for our crew members to go and they suffered to their heart,” the video said.\nThe video also showed the pair in their seats with injuries.\nAmerican Airlines said it has updated its training procedures to ensure that mistakes like the accident do not happen again.\nThe airline was advised of the incident on Wednesday by the Air Line Pilots Association of Canada.\nAMR also apologised to passengers on board the flight that was affected by the mechanical problems in its maintenance facilities.\n“We understand the concerns raised by this incident and will address the problem in a manner appropriate and as a responsible carrier,” AMR said in a statement.\n']

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http://www.reuters.com/article/us-apple-autos-idUSKBN17O01O?il=0

http://www.reuters.com/article/us-apple-autos-idUSKBN17O01O?il=0

Apple self-driving car testing plan gives clues to tech program

['Alexandria Sage']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: A car careens toward the street after having been assembled in Cupertino, California September 24, 2010. REUTERS/Lucy Nicholson/File Photo\nNEW YORK (Reuters) - Apple Inc (AAPL.O) is testing self-driving cars on some day, but does not know when its project will be formally launched, and there’s no telling where the car will launch, two of the smart home specialists said.\nApple spokesman Matt Patches declined to comment on when the self-driving program will be completed, but said “interests are moving forward” at the company.\nRobone Mazzanti, an expert on self-driving technology and vice president of engineering at CNET, said there is a lot at stake for Apple, Tesla Motors Inc (TSLA.O) and Google Inc (GOOG.O) in the ride-hailing, pilot project, designed to automate deliveries of information to a user by using computer vision.\nThe companies will initially build a self-driving car along with their own cars and train the driver and driver to see how it behaves in real-time. Once the car fully deploys, they then can identify it, build tests and have the car drive to a venue in the vicinity that can accept driverless vehicles, Mazzanti said.\nOne sensor that Apple is building with its owner, Tesla’s Autopilot program, and similar technology, could trigger cars with no driver assistance if they become aware of a software error, Mazzanti said. Such a feature could activate the internal ignition systems and deactivate an engine if the driver, long an auto pioneer, cannot be convinced that the brakes are properly mounted.\nApple and Google and Microsoft Corp (MSFT.O) are competing to create self-driving cars. Currently, there are dozens of software projects in progress in the nascent technology industry, but many still need help from an industry veterans such as Google.\nWhile Autopilot and self-driving car driverless tech are serious business opportunities for Google and Microsoft, regulators and consumer advocates are lukewarm on them, Mazzanti said.\nMicrosoft and Apple also currently have a system for sharing data and navigation data from cars on the road, but they are looking at these developments before announcing any capabilities, Mazzanti said. Microsoft has since discontinued cooperation with Autopilot and Google has discontinued sharing data with Microsoft in hopes of extending the testing, he said.\nApple said at a news conference on Thursday that its software will be the first to detect if the driver is wearing an array of sensors, and is designed to handle accidents whenever a driver fails to take proper care of a car.\nQualcomm Inc (QCOM.O) owns the five-year-old patent for improving car sensor technology, and a handful of other companies are working on the technology.\nAt least once in recent years, Apple halted the test of self-driving cars in the U.S. and elsewhere and allowed many companies the opportunity to test their technology out, giving them a bit of the freedom to say: “You have to do this.”\nApple Inc is valued at $3.2 trillion, ahead of Google and Facebook Inc (FB.O) at $12.4 trillion, and rides well on Google’s revenue and earnings. Samsung Electronics Co Ltd (005930.KS) is valued at $61.6 trillion.\nTesla is one of the smaller tech companies involved in development of a self-driving car, but self-driving car technology in its mass-market Model S luxury sedan appears to be gaining traction there.\n']

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http://www.reuters.com/article/us-usa-trump-veterans-idUSKBN17O0IP?il=0

http://www.reuters.com/article/us-usa-trump-veterans-idUSKBN17O0IP?il=0

Trump visits wounded U.S. service members at military hospital

['Patrick Rucker']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - President Donald Trump welcomed the 17 U.S. service members who were wounded at a military hospital in north-central Kentucky on Wednesday, noting that the goal of moving out of the area is a greater goal for the U.S. armed forces.\nAfter briefing about the mortality rate of the men and women in the hospital, Trump addressed them directly.\n“These men and women were taken from the Army and Navy,” Trump said. “They were born in this region, and this region was filled with veterans. We will not be intimidated by the enemy.”\nHe asked the men and women from the hospital to describe how the hospitals are “a great source of inspiration” for their mental health care.\nPresident Donald Trump addresses the 3rd Annual Republican Caucus Meeting in Washington, October 10, 2016. REUTERS/Jonathan Ernst\nIt is a stark contrast to what the president was saying on Tuesday on the cusp of a vote on whether to authorize a $1.6 trillion federal spending package that would transfer to taxpayers about $600 billion in Pentagon spending to keep the government funded for at least two more years.\nOn Wednesday, Trump praised the efforts of the men and women from the hospital and said the war on terror is a victory for “our country and our country’s principle of free enterprise.”\nThe remembrance ceremony also included speeches by Republican governors of Louisiana, Maine, Delaware, Maryland, Kansas, Maine, Minnesota, Illinois, Wisconsin, Ohio, Oregon, Pennsylvania, Virginia and Washington.\n']

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http://www.reuters.com/article/us-britain-eu-polls-idUSKBN17O0PT?il=0

http://www.reuters.com/article/us-britain-eu-polls-idUSKBN17O0PT?il=0

May’s Conservatives on course for sweeping British election victory

['Kate Holton']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['LONDON (Reuters) - Britain’s main opposition Conservatives are tipped to win the election on Sunday by a margin of at least 70 percent over the main opposition Labour Party, according to preliminary results announced on Thursday.\nBritish Prime Minister Theresa May gestures as she leads a group of survivors from the Red Cross after surviving a stampede at Rasa in Moab, U.K., December 1, 2018. REUTERS/Neil Hall\nWith the Brexit vote to leave the European Union a cliff edge and May’s Conservatives emerging just a little short of a majority, the process of electing British parliamentary candidates is expected to grind out a comfortable win.\nIn November, Brexit voted down a referendum on Britain’s membership of the EU, helping Labour gain an unexpected three-quarters of the seats in Parliament at the time.\nThat defeat ended Labour’s 6-percentage point lead in the House of Commons. It, too, seemed to be falling into place when initial published results were conducted last week, with the Conservatives securing 74 seats, just ahead of the United Kingdom Independence Party’s Brexit-leaning, grassroots group UKIP.\nBut as of Thursday’s count, the Conservatives had also won 51 seats, up from the 46 it won in the general election last year and nearly complete a fifth straight majority.\nThey had 39 seats outright, while more centrist parties are expected to follow suit.\nLabour, the biggest non-party political group in parliament, received 24 seats, half of which it needed to snatch back from the Conservatives, including one seat each in Wales, Scotland and Northern Ireland.\nThe party won a majority in the lower house, but in the Lords, the Conservatives’ slim majority has proved more problematic, with support showing no sign of rising.\nBritish Prime Minister Theresa May gestures as she leads a group of survivors from the Red Cross after surviving a stampede at Rasa in Moab, U.K., December 1, 2018. REUTERS/Neil Hall\nLabour has hit back with a number of attacks on Theresa May for the Brexit vote.\nMore than half the House of Commons said they would vote for Brexit in the next election, including “a unity government”, a Labour spokeswoman said. The party also urged Britons to punish European Union leaders in a referendum they voted to leave the bloc and to set up a new power-sharing government in place.\nThe Brexit vote has made it far more difficult for the opposition Labour party to break its unity government with supporters and undercut pro-EU eurosceptics in the House of Commons, raising concern that bigger divisions will lead to disaster for the bloc.\nBy contrast, May’s government has slashed taxes, cut regulation and introduced infrastructure spending to stay in the bloc.\nLabour has achieved considerably more stability, in contrast to May’s Brexit sanguine policies that even the safest government in the nation’s history struggles to carry out.\nSo far the government has a small chance of passing a budget for 2019-20, the first year of her new term that the government looks set to leave the European Union, although opposition parties are keen to see an economic or transitional package to avoid a showdown in Brussels.\nThe main opposition Liberal Democrats were expected to be announced on Friday, with their leader Nicholas Soames saying they “went on in search of answers”.\nLabour party leader Jeremy Corbyn told supporters earlier on Thursday: “We must accept that Britain has got itself into an unfortunate situation. The question is: how do we go on as a government without running a health service that the political class thinks it can serve and a parliament that gives a platform to campaigns to make sure Britain never quit our union?”\nAlthough the poll was published on Thursday, Tuesday’s failure to secure victory was widely seen as bad news for the opposition.\n“Brexit is now almost certain to become the most catastrophic economic crisis in British history,” said Richard Palmer, chief of economic and policy analysis at AXA Investment Managers.\nReuters previously reported that after Brexit some Labour members of the house of parliament were complaining of fakes and staff snipes from the time they voted in November, which led to a breach of legal rulings.\n']

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http://www.reuters.com/article/us-usa-tax-trump-idUSKBN17O0KY?il=0

http://www.reuters.com/article/us-usa-tax-trump-idUSKBN17O0KY?il=0

Trump’s ’big announcement’ on tax to be broad principles: official

['Ginger Gibson']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - President Donald Trump’s “big announcement” on Wednesday will be broad principles, not his code of conduct, and the new administration will likely be seen through its course, the White House said.\nFILE PHOTO: Donald Trump speaks at the All African American Business Roundtable conference in Orlando, Florida, U.S. May 13, 2017. REUTERS/Joe Skipper/File Photo\nThe plan is set to generate a total estimated total revenue of more than $1 trillion and threefold on top of the $500 billion in annual infrastructure spending unveiled last month by President Barack Obama.\nIt aims to push the US economy back onto what is now its post-recession recovery path, expected to be a full recovery with gradual gains from job creation and as many of the same policies Obama passed during his second term - tax cuts and infrastructure spending.\nWhile the end of Obama’s third term made improvements in technology and infrastructure more urgent, even the short-term steps of infrastructure spending would still spell an end to Obama’s legacy of passing tax cuts for the wealthy and prioritizing incentives for big projects.\nThe US approach and breadth of the plan shows Trump’s new administration has yet to outline its economic strategies, which could make the transition from Obama-era regulatory to Trump-era policies difficult.\n“This is not a proposed vacation or a property or business, but a big announcement,” White House press secretary Sarah Sanders said in a briefing with reporters on Wednesday.\nSanders, who spoke to reporters after Trump’s most recent trip to the United States, did not specify how some of the principles would be put into practice or say how they might be discussed at the next White House meeting.\nTrump told a television interview last week that he would choose a faster path to a balanced budget, a policy of tax cuts that are designed to remove uncertainty for businesses and helping the economy.\nThe President said for the first time he planned to introduce legislation to defend the US tax code from illegal, deceptive and self-dealing behaviour.\nThat may be tricky, given the Democrats in Congress have warned against budget restraints and have often responded by dismantling the Government Accountability Office, an independent watchdog that audits Congress.\nMany of the provisions of the new plan would aim to reduce the amount businesses are allowed to deduct interest-interest payments, an issue that could annoy House Republicans who want to eliminate the deduction.\n']

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http://www.reuters.com/article/us-venezuela-politics-idUSKBN17O0FX?il=0

http://www.reuters.com/article/us-venezuela-politics-idUSKBN17O0FX?il=0

Venezuela opposition march to honor those killed in violence

['Alexandra Ulmer']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['CARACAS (Reuters) - Venezuela’s opposition on Sunday called on supporters to march together and “provide a unified response” to violence against the ruling Socialist Party candidates in a weekend rally, though their demands to curb public crime in the country have not been made public.\nIn separate speeches in response to Sunday’s government crackdown on what the opposition called extortion and murder, Hugo Chavez’s former wife Falaise said the family still has about 6,000 family members suffering with poverty and personal shortcomings. She did not say whether those grievances are being addressed by the government or have been covered up by Chavez.\n“I still don’t have many family members who are struggling from the violent protests,” Falaise said on state TV. “We need now to send a united action. We need to do this for us because this violence has killed so many people.”\nThe opposition’s March for “Elections” has been a benchmark of opposition political progress, following the defeat of Prime Minister Chavez’s socialist party and now launched a drive against anti-government protests in Caracas in which hundreds of thousands of people have been jailed or massed on the streets.\nThe party rejected the demonstrators’ demands for a national elections rally, saying they were limited to holding political rallies as members of the opposition maintain its strength and reach even though the opposition has been locked in some civil disputes.\nThe U.S. State Department on Saturday condemned “the deeply troubling and violent series of attacks and looting in the opposition stronghold of Sucre and other clashes in the capital”.\n“Criminal gangs, drug cartels, or organized criminals often send sentinel — likely to include high-profile offenders — those committing high levels of crimes or fleeing to urban areas where the residents can be targeted,” the State Department said.\nThe U.S. ambassador to Venezuela, María Celeste Garcia, called it “a stark reminder that we must continue to respect the sovereignty and territorial integrity of our nations.”\nVenezuela’s opposition has been uniting since November with a visit to a polling center by Chavez, who beat former president Nicolas Maduro in a contentious presidential election vote and steered the political slide through opposition turmoil since.\n']

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http://www.reuters.com/article/us-hungary-protest-idUSKBN17O0HJ?il=0

http://www.reuters.com/article/us-hungary-protest-idUSKBN17O0HJ?il=0

Thousands of Hungarians rally to mock PM Orban

['Sandor Peto']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Smiling crowds to mock Orban and Nikola Tesla listen to speeches by populist leaders from Poland (R) German Chancellor Angela Merkel (L) and Hungarian Prime Minister Viktor Orban, during a protest against their respective governments to launch the first protests against them since the 1989 Communist takeover of Hungary, in Vienna, Austria, January 1, 2019. REUTERS/Heinz-Peter Bader\nHANOI (Reuters) - Hungarians mocked Prime Minister Viktor Orban on Friday and called on the country’s economy to recover at a meeting of euro zone finance ministers and German Chancellor Angela Merkel.\nThe five-day protest in Vienna comes after an agreement with creditors and investors reached a few days ago to stabilise a global financial system rattled by an outbreak of sovereign debt crisis.\nThe protesters, dressed in white and surrounded by police wearing masks, chanted “Irwin, Ronald, Oliver, Orban” and “Khalhal, Ahmad, Habib” as they prepared to attack the leader of a party that has cemented its reputation as the most divisive politician of the two major parties.\nOrban, who has accused most foreign investors of ripping off Hungary’s economy and infamously threatened to bail out the European Union, has long argued that his policies hurt both the European Union and Hungarians.\nThe protests come as Orban attempts to break free of domestic politics and revive a stagnant economy that was once seen as a symbol of the country’s independence.\nOrban’s rise to power in 2012 on high popularity and billions of euros in debt have been boosted by an improving middle class but problems including corruption, bad governments and the slow recovery of the economy.\nOrban won election victory as far back as 1999, a year before huge crowds of police attended a coronation, waving banners such as “Khal, Ahmad, Habib” in reference to the Hungarian Communist party founder.\nOrban has attempted to rebuild relations with West Germany, whose Chancellor Merkel he helped finance, including on a summit of European Union finance ministers last month.\nThe protests came just months after Orban had held an emergency meeting of EU finance ministers for the first time since its collapse in September.\n']

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http://www.reuters.com/article/us-germany-election-afd-idUSKBN17O0HR?il=0

http://www.reuters.com/article/us-germany-election-afd-idUSKBN17O0HR?il=0

German anti-immigrant party set to go further right after leader suffers defeat

['Michelle Martin']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['BERLIN (Reuters) - A conservative party that had sought to turn Germany’s refugee crisis into a right-wing populist campaign would turn once again to a harderline stance, according to a poll by Die Welt newspaper on Tuesday.\nFILE PHOTO: German Interior Minister and leading anti-immigrant politician Jyrki Katainen arrives to attend a meeting of the parliament’s anti-discrimination committee at the level of parliament in Berlin, Germany, September 26, 2017. REUTERS/Kai Pfaffenbach/File Photo\nBacked by two main left-wing parties in regional election in September, Chancellor Angela Merkel’s conservatives have failed to win approval for tougher quotas for refugees when new laws are passed in Germany.\nKatainen’s AK Social Democrats (SDP) and his junior coalition partner SDP (Lab) are seeking to counter the move by winning support for the federal centre-right Democratic Union (CDU) and the Greens on the centre-left.\nBut in the latest D66 poll for Handelsblatt newspapers last week, the SDP polled the centre-left Social Democrats (SPD) up two points in the opinion polls, with 23.7 percent of voters dissatisfied with Katainen’s performance, compared with 27.3 percent for the SPD.\nThe ruling Social Democrats, as well as the five smaller parties, voted by 22.7 percent last Sunday, for the federal election in Germany where nationalist nationalists has enjoyed strong support.\nThe opposition Greens are up four points, with the Social Democrats down two points.\nThe CDU, the largest party in the Senate, finished in fourth place, at 14.6 percent. In three regional regional elections in August and September, it lost both the rural and northern regions to the far-right Freedom Party (FPO), whose support at the polls was at the top of the party’s poll table.\nPart-nationalist SPD, with long-standing ties to the far-right, was in the lower echelons of the campaign, with eight percent of the vote and just under five percent likely to lose. The smaller PDP came in at six percent and the far-right Renewal party was hovering around three percent.\nBERLIN REUSE INCE POLLING\nKatainen suffered a clear defeat in the first D66 poll in the country’s semi-autonomous Saxony-Anhalt region earlier this month, but the party remains on course to win the most important local vote for Merkel’s CDU.\nKatainen, who had been a key to Merkel’s coalition and was also one of her key advisors on her 2015 economic reforms, suffered the most serious setback in the D66 poll, with 29.7 percent of voters dissatisfied with Katainen’s performance compared with 23.8 percent.\nKatainen admitted defeat for failing to push hard for what he said were major European Union and U.S. protectionist policies to restrict the capacity of the European Central Bank to offer short-term liquidity to struggling euro zone countries.\nBut there is little sign of Katainen’s defeat, while the SDP attempted to muscle itself further into fourth place.\nThe Social Democrats are trying to further expand their overall majority at elections in February where they would like to make it possible for their coalition partners to hold referendums on the Swiss-based Schengen pact. That proposal, imposed on Switzerland when its nationals were refused entry into the EU, has become a target for the right wing.\nElections to re-open the labor markets after the Sept. 29 vote are set for Nov. 29. Most of Merkel’s government partners are pushing back on the prospect of such referendums, which would be difficult for her far-right party to influence in a presidential election.\nKatainen told Fuehrer Zeitung a month ago he wanted to address concerns he had raised about Social Democrats’ support of other governments – such as Britain’s attempt to counter a far-right backlash in France – to avoid elections that are seen as them distorting Europe.\nHe challenged public opinion on the need for stricter quotas of refugees. The poll said the SPD’s vote on quotas had increased to 20.9 percent in the last D66 poll, up from 21.5 percent in the previous month, indicating a late surge in support among minority voters.\n']

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http://www.reuters.com/article/us-afghanistan-attack-idUSKBN17O04C

http://www.reuters.com/article/us-afghanistan-attack-idUSKBN17O04C

Mourning declared after scores of troops die in Afghan base attack

['Abdul Matin and Hamid Shalizi']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['KABUL (Reuters) - At least 32 militants were killed when Afghan forces tried to surround the heavily guarded main base at a neighbouring hilltop on Tuesday, insurgent commanders and some witnesses said, as long queues formed outside shops and restaurants for returning soldiers to gather to their homes.\nFILE PHOTO: Afghan forces personnel pull along the back of a burning vehicle at a perimeter fence against the path of a Taliban base in Jalalabad, Afghanistan February 20, 2018. REUTERS/Ammar Awad/File Photo\nThe attack appeared to be the latest in a series of attacks on heavily guarded bases and strategic infrastructure in eastern Afghanistan by pro-western insurgents, who make frequent accusations of violence against foreign forces.\nPresident Ashraf Ghani’s office had little immediate comment, citing consultations with international commanders on the battle lines in Kabul.\nThe strike hit an outpost that was nestled between a number of houses in a quarter of Afghanistan’s 20,000-strong capital, Nuristan, once home to U.S. military forces, according to a photograph released by the provincial governor.\nShadam Sajjuddam, a resident of the nearby town of Indochina, said there were scores of them.\n“We were praying. We were at 2 a.m. and then everyone went outside and heard explosions,” he said. “I was about 10 minutes from the base when I heard loud noises inside our house.”\nThe attackers then pushed villagers out of their houses, choked away trees and began detonating bomb grenades, Sajjuddam said.\n“I heard a blast. Three of my family members were killed when they were trying to flee.”\nMullah Bajwa Khalili, the Taliban’s top general, issued a statement blaming the militants for the attack, which occurred in a major Taliban stronghold west of Kabul.\n“The terrorists use force to create chaos in Afghanistan, causing deadly casualties and creating more losses in the region,” it said, referring to significant losses in recent weeks.\nAfghan security forces moved to reinforce the Taliban’s northern and southern positions, deserting them when they became bogged down in the offensive, a defense ministry spokesman said on Monday.\nA spokesman for the U.S.-led coalition’s Joint Special Operations Forces in Afghanistan said the Taliban had lost six fighters but took nine outside their cells, while at least two were wounded.\nThe 8th Infantry Division, the 25th Brigade, said that in addition to 27 militants, 20 soldiers and a family were killed. Among them were several civilians, Reuters witnesses and Afghan army officials said.\nThe UN Security Council was given the authority to make use of special permission from regional warlords and other legal entities for inter-governmental mediation and humanitarian projects in Afghanistan.\nFaced with no success in recent months, the warring factions have locked horns over shifting priorities and ability to line up appointments at ministries and other government structures.\nAs well as outside the military and government structures, refugees and those displaced have been fleeing the fighting.\n']

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http://www.reuters.com/article/us-afghanistan-attack-militants-idUSKBN17O0CS

http://www.reuters.com/article/us-afghanistan-attack-militants-idUSKBN17O0CS

Confusion, chaos after Taliban breach Afghan base in deadly attack

['Abdul Matin']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["Afghanistan's Pashtun tribal fighters try to take cover as they clash with Afghan security forces in the Qiora Valley near the southern Afghan province of Akbar Zaman, north of Kabul, December 25, 2018. REUTERS/Omar Sobhani\nKABUL Afghan security forces continue to try to clear an area swarmed by Taliban militants that has been the focus of an attack on a military base near the Afghan capital Kabul.\nTwo Taliban fighters and a civilian civilian were killed in a clash near the Sarbaj Mir military base, which has come under increasing scrutiny since an attack on a guest house in September 2018.\nTaliban fighters have extended their attacks into the capital before and have sought to carve out footholds in southern and eastern Afghanistan. They aim to prevent the traditional two-front war between coalition forces and Afghan warlords and al Qaeda militants.\nBut for several days, the presence of the Taliban remained a shadow of its former self, for fear of increasing sectarian and ethnic tensions.\nAlthough the attack on the Qiora outpost was more than symbolic, military sources said the attack was a grave attack in the conflict-wracked valley.\nSeveral Taliban fighters had gone into the vehicle base since it was closed by the Taliban in May. A senior local commander had said they would move freely on the mountain.\nU.S. and Afghan forces have been carrying out fierce assaults on insurgents since their drawdown, and armed groups, most of them the Taliban, have stepped up attacks against Western forces.\nQiora Province is home to a large tribal group, especially Qiora — the main sources of the Sunnis and Shi'ites, though the Afghan government is not firmly committed to supporting them.\nThere are no mines at the base, which overlooks one of the most sensitive areas of Afghanistan. Peshawar-based Al-HaqIslam, which is backed by Afghanistan's powerful tribal population, said they had not been contacted by either militants or non-Narcos or Al-Qaeda-linked groups.\n'ISLAMIC TRULY' IN RETURNS\nThe attacks on the Qiora base last week demonstrated the growing tensions, escalating already volatile perceptions of the volatile south.\nFriday's clash, which lasted for hours, was triggered by an attack that killed 20 people, including four foreigners, and injured nearly 200 others.\nSecurity forces saw it as a major operational rehearsal for attacks in Kabul next month.\nThere was no immediate claim of responsibility for the attack, although it was believed to be the work of al Qaeda, said the senior local commander, Kunduz-based Ahmad Rizvi. He declined to confirm details.\nAfghanistan's government has largely avoided giving any concrete details on the operation, saying it only investigates any attacks that kill civilians, militants or extremists.\nSome western and regional media have speculated that it was the Taliban who originally backed the Qiora attack. The Taliban itself has denied involvement.\nStill, some Taliban officials have said they will not leave the base until the groups they are trying to regroup. The Taliban held an initial meeting to try to settle the issue.\nIt is not clear when it was when the Afghan government announced the attack in a Jan. 1 memo. Taliban spokesman Zabihullah Mujahid has said many people died during the lunch break and that the attackers had shot up the guest house.\nAfghan security forces have detained 20 Taliban fighters who remain in jail or in prison in retaliation for the Qiora attack, said a senior local commander. They all do not live in the city of Jalalabad, on the Pakistani border, one of several under Taliban control in Afghanistan.\n(Writing by Sayed Yousuf Azzam; Editing by Adam Jourdan and Andrew Roche)\n"]

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http://www.reuters.com/article/us-earth-day-usa-march-idUSKBN17O09F

http://www.reuters.com/article/us-earth-day-usa-march-idUSKBN17O09F

March for Science draws big crowds, clever signs across U.S.

['Lacey Johnson and Lisa Fernandez']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - Hundreds of people braved cold, wet Saturday to sign up for March for Science, a national day of action for science, science and robotics.\nPeople wearing t-shirts advocating scientific knowledge, and hats and other accessories to give to March for Science, a nonprofit collecting brain science and robotics skills from at least 100 high schools in the U.S., at a rally on the steps of U.S. Capitol at noon on Friday.\nThey got four minutes to see at least one of the signature signers, said Dennis Plunkett, a science student who attended the rally but did not attend because of his mental health issues.\nThe April 21 event was part of an effort by the National Science Foundation and National Science Education Foundation to send a message to students that science, medicine and entrepreneurship can have positive, beneficial and even dramatic effects on society.\n“It gives students a realistic example of how things can be just as hard as biology, but still have a positive impact,” said Erin Mullins, a coordinating planner for the science education foundation and head of National Science Education.\nParticipants provided a detailed description of why math and science education should be part of schools, what kinds of science classes are available and how to choose the best way to teach them.\nThere also were various other signs as well as announcements about signs created at science buildings, laboratories and student sports teams. The signs also included science facts.\nParticipants mostly wore brightly colored T-shirts with hearts, horns and messages that stated “May the Science Center come to you.”\nArrangements were arranged by college students who want to join the march, Mullins said.\nPresident Donald Trump signed the legislation in December that authorizes projects from the National Science Foundation, the National Academy of Sciences and other public, private and corporate partners.\nPublic awareness of science research and the science programs at U.S. universities have been on rise for some time.\nAccording to a 2016 study published in the journal Journal of the American Medical Association, more than 5,000 students attended 20 events around the country to fill their coveted STEM skills.\n(This version of the story corrects March for Science’s office to a college in Washington rather than an international campus in Washington.)\n']

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http://www.reuters.com/article/us-northkorea-usa-idUSKBN17O046

http://www.reuters.com/article/us-northkorea-usa-idUSKBN17O046

Peaceful outcome for Korean peninsula still possible: Pence

['Roberta Rampton and Colin Packham']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['U.S. Vice President Mike Pence speaks with Israeli Prime Minister Benjamin Netanyahu at the White House in Washington, U.S., January 2, 2019. REUTERS/Kevin Lamarque\n(Reuters) - U.S. Vice President Mike Pence told a Korean newspaper on Tuesday that peace, as a senior administration official has said, was still possible, the two sides’ chief negotiator said.\nThe agenda for talks, in Seoul between North and South Korea, is set for Jan. 11, including a possible inter-Korean summit, to be attended by Trump and Kim Jong Un.\nPence made the comments during a visit to Seoul where he confirmed that talks between the sides would resume this month.\n“I’m hopeful that efforts will be made by both sides to resume this process,” Pence said at a weekly briefing in Seoul, according to a U.S. government transcript seen by Reuters.\nPence said he appreciated the efforts of South Korean President Moon Jae-in, who won South Korea’s presidential election, and President Donald Trump, who secured a diplomatic and trade deal with China.\n“This is a time to ask South Korea to do its part in some diplomacy and we want to see what they can bring to bear on the situation,” Pence said, according to the transcript.\nOn Sunday, Washington and Seoul threatened economic sanctions on North Korea that could last weeks if the North did not halt its atomic program. South Korea has said Pyongyang must be stopped before it would damage the U.S. economy.\nKoreans face a 1.6-million-strong war with the North in 1950 and sees the successful launch of its first nuclear test of a long-range missile.\nTwo other Republican officials have called for peace talks, although neither the White House nor the North Koreans have confirmed what they will say on Friday as South Korea commemorates Kim’s birthday.\n“The president’s concern is that the situation on the Korean peninsula remains elevated and serious,” Pence said in the briefing, according to a White House transcript of the event.\n“The president is hopeful that efforts will be made by both sides to resume this process.”\n']

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http://www.reuters.com/article/us-usa-sanfrancisco-power-idUSKBN17N27T

http://www.reuters.com/article/us-usa-sanfrancisco-power-idUSKBN17N27T

Power outage cripples San Francisco for seven hours

['Alexandria Sage and Noel Randewich']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Electric transmission and distribution company San Francisco Electric Service Co Ltd said on Thursday that its substation on River Road, in San Francisco, broke down and about 22,000 customers were without power on Friday morning.\nMajor markets where customers were sparsely aware of the outage were Chicago, Philadelphia, Pittsburgh, Pittsburgh and Tampa, according to San Francisco Electric Service Inc’s website.\nSan Francisco Edison reported that of about 2,300 customers affected, a large number were without power for more than an hour.\nSan Francisco Electric Service said electricity companies in the U.S. Midwest and Texas had begun processing technical issues.\nPower also went out at the 5,900 customer Southbridge substation near San Francisco City Hall in San Francisco late on Thursday.\n“We were able to restore the power in a time period of seven hours, but we’re still on track to turn off all of San Francisco Electric Service by Friday evening,” San Francisco Electric Service Co spokesperson Madison Greiner told Reuters by email.\nMountain View, California-based San Francisco Electric Service has 160 miles of copper and wires supplying power to 27 states.\n']

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http://www.reuters.com/article/us-pope-martyrs-idUSKBN17O0MI

http://www.reuters.com/article/us-pope-martyrs-idUSKBN17O0MI

Pope likens migrant holding centers to ’concentration camps’

['Philip Pullella']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['VATICAN CITY (Reuters) - Pope Francis criticized migrant holding centers for prisoners of war on Friday, urging migrant migrants to raise their voices and fight for their dignity in today’s world.\nPope Francis greets journalists as he arrives for the final international unity meeting of the World Meeting of Families in Rome February 28, 2015. REUTERS/Remo Casilli\nThe pontiff visited a detention centre run by the Salvation Army in Bucaramanga, a town near the Serbian town of Pedrat. Later on Friday, when he returns from his state visit to the Vatican, he will meet “all those who are crying out” for the protection of migrants, he said in a statement.\nIt also met with jailed Syrian refugees, one of the country’s highest humanitarian needs, he said.\n“One of the most important things we can do to assist those refugees is to wipe out immigration,” he said, adding that migrants could use their moral courage to “dig for people to live the way that we want to live and to carry on what we desire to live.”\nHe visited a detention centre run by the Salvation Army on Thursday. The program feeds thousands of Syrian refugees in two of the Serbian detention centers and guards the detainees with the aid of Swiss, Italian and Spanish workers.\nOne man can be seen yelling and cursing during the camp. Another man shouts and curses during his visit to the center. The crisis at the centre also resulted in the president of a nearby village saying he would like to prevent migrants from driving rickshaws into the jungle.\n“There were 10 men who were not particularly successful in their work. They fell in concentration camps,” Francis said. “The joy they brought was a great moral gift.”\nAt the center, Christian mother Barbara Martin was greeted by three Indonesian men who brought her daughter Coco, 32, to the camp.\n“He gave her six days of tranquility and comfort,” she said in a statement released by the Serbian government. “Today, she cries a lot, even beyond words. And she used to be very weak because of the experience.”\nMartin, who was born in Germany, arrived at the detention center on June 15, 2012.\nIt involves dozens of men who spend years in the centres, which have some of the best medical facilities. Immigrants are especially vulnerable because of the psychosocial and mental effects of incarceration and mental illness.\nMany camp inmates have flier written in Arabic saying they will not return to Serbia in the future, said Mercy Spiezle, the public relations manager of the Salvation Army in Bucaramanga.\n“To God there is no love, none,” she said. “The people here are very quiet, very happy, very compassionate.”\nIn addition to the refugees, the church is offering financial and other supports to migrants who arrive in the Balkans and other countries that have struggled economically.\nAt a news conference with Serbian Prime Minister Aleksandar Vucic on Friday, the pope again called on migrants in conflict zones to rally behind their cause.\n“We have to tell people in peace and dignity that this crisis cannot be dealt with with by religion alone,” he said.\n']

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http://www.reuters.com/article/us-usa-immigration-legal-idUSKBN17O00W

http://www.reuters.com/article/us-usa-immigration-legal-idUSKBN17O00W

U.S. states realign in legal battle over Trump’s travel ban

['Dan Levine and Mica Rosenberg']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - U.S. states have requested the U.S. Federal Communications Commission to reconsider its initial decision to allow travel bans to go into effect while they are still pending, in a case that could clarify a presidential election in a state quickly following an election year.\nA view of a courthouse in Las Vegas, Nevada, December 14, 2015. REUTERS/Mario Anzuoni\nIn a lawsuit filed in U.S. District Court in Nevada, the states said regulators had dropped that portion of the seven Trump administration actions, an editorial approval process which affected visitors from seven Muslim-majority countries, to prioritize applicants based on the executive order’s broad religious values.\nThe states said there was no reason for Trump to rescind the current ruling so soon after he submitted the order. The federal case relates to comments he made after he announced in December that his executive order on travel could go into effect.\n“As previously noted by the Commission, the narrow factual scope of these proclamations and the principal policy incoherence are matters of constitutional fairness, not an academic matter,” the states said in their lawsuit.\nThe states asked the commission to reconsider a decision “whether or not such rights apply to presidential candidates who seek to enforce the executive order, such as such candidates as Donald Trump,” and whether it should prevent entrants from countries deemed to be unstable and volatile from visiting the United States for extended periods.\nTrump campaigned last year on promises to “Make America Great Again,” and the Republican president’s aides have cited that pledge as his starting point for the upcoming nominating process.\nThe FCC’s revamp of the travel ban on Friday, announced two weeks ago, approved six new restrictions on travel from seven Muslim-majority countries. The revised move went into effect on Friday, without modifications.\nThe two preliminary limits are on whether to prohibit travel from four nations: Iran, Libya, Syria and Yemen. But if Trump objects to them, the entire order will be restricted to those regions.\nPresident Donald Trump and his fellow Republicans have said the ban will be met with considerable opposition, but the commission’s newest executive order, issued Jan. 28, revived the ban as a matter of national security.\nThe lawsuit, filed in state court, asks the commission to reconsider its decision, because the ban is binding for the entire country. There has also been confusion over how the ban will be enforced, and the order is subject to two separate court reviews, one following an appeal and the other in the Trump administration seeking to enforce a sweeping travel ban.\nThe new injunction was implemented without the change in the old injunction, the states said. Also, it was not clear how the current ban would be enforced, but there would be a broad range of new conditions that must be worked out.\nThe new order changed the status of travelers, particularly from Iraq, and halted refugees from Syria, Iran, Libya, Somalia, Sudan and Yemen.\n“This order is not going to be the deciding factor for the election if Trump remains in office,” said Matthew A. Romano, a New York lawyer who has represented the states who have filed their lawsuit.\nThe federal case is Cargill v. Trump, U.S. District Court, Southern District of New York, No. 12-10360.\n']

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http://www.reuters.com/article/us-france-election-europe-analysis-idUSKBN17P100

http://www.reuters.com/article/us-france-election-europe-analysis-idUSKBN17P100

Europe’s populist wave stalls as Macron storms into French runoff

['Noah Barkin']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['PARIS (Reuters) - Victoire Ingabert of the far-right National Front (FN) rose into the French presidential runoff on Wednesday in an apparent move to quicken the pace of development in France after her party led by Marine Le Pen was forced to ditch the coalition just after the snap poll was conducted.\nThe Democratic Alliance (DA) won by a margin of just 0.9 million votes, more than 10 percent of the vote, against the far-right National Front (FN) with 21.5 million, according to a count carried out by Vlaams Belang on the back of the strict “La Greca” voting system.\nAt the end of the primary, the NF held a comfortable lead over its party rival, leaving two more fractures in the smaller, more predictable centre-right coalition that has dominated French politics since the 1960s.\nNeither the FN nor Le Pen are expected to finish in the 1,000-vote primary which ends Thursday and becomes the first time a presidential race has been run by a divided party in France.\n“Even though he, Le Pen, has it in her favor now, Macron will be able to win an election if his party doesn’t start changing,” said veteran political analyst Maureté Rouillard.\nWhile Le Pen has enjoyed a five-year lead over her far-right counterpart in France, the FN have, in recent weeks, been stepping up attacks on her potential successor, Francois Fillon, in an attempt to tighten their grip on power.\nBoth Fillon and Le Pen, who are vying for the top job at state-run state-run Societe Generale, have been accused of misleading voters in the run-up to the last election and at a series of events that occurred as they rushed to a third-round ballot.\nBoth candidates have been at loggerheads with the majority of voters and are under pressure to deliver a decisive victory.\nThe starting point for the runoff was a long-overdue assembly which will hear from all the parties set to form a government after the presidential vote in the run-up to the election.\nOrganisers are watching how France votes to try to ensure the economic success of a brand new system that requires powerful economic advisers, it seems, to take shape.\nPolls show a reversal of fortunes for far-right candidate Francois Fillon and are under pressure to deliver on promised progress towards democracy.\nHowever, Macron faces an uphill battle to close the gap between his party and the NF in the general election. He needs to significantly improve his PR and his support among youth before the key vote is taken up by 2019, he said in a radio interview last week.\nIn a speech at his PRG party headquarters in downtown Paris on Wednesday, Macron, who has been campaigning on social media, painted the NF with provocative images and accused Fillon of using tax cuts for political gain.\n“They call themselves patriots - we say so. They love our leader because we will fight for his election and their initiative. The FN is an obstacle to that,” he said.\n']

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http://www.reuters.com/article/us-cr-bard-m-a-bd-idUSKBN17P0ZS

http://www.reuters.com/article/us-cr-bard-m-a-bd-idUSKBN17P0ZS

Becton Dickinson to acquire Bard for $24 billion

["Carl O'Donnell and Jonathan Spicer"]

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Becton Dickinson & Co (BDX.N) said on Thursday it was acquiring Bard, a maker of cataract surgeons and other surgical products, for $24 billion in cash and stock, the latest cash injection for the privately held medical device maker.\nThe company said Bard agreed to buy certain of its medical products and systems and its assets from Fitch Ratings.\nBard, which has more than 400,000 members and operates in North America, said the acquisition would accelerate its growth and improve financial flexibility, offsetting a deteriorating U.S. healthcare market.\nBard is valued at about $2.3 billion, closing at $64.90 per share, the companies said in a separate statement.\nIt will operate as an independent company under its existing name, Becton Dickinson & Co.\nBridgewater Associates analyst Joseph Jaffe said a sale to another company would have major benefits for Becton, which is on track to close its $17 billion acquisition of Ventador in December. Bard would gain a larger asset base, Jaffe said.\nThe companies said Bard’s Medtronic Inc (MDT.N) medical devices unit, as well as its midline Oplife, an ophthalmic device company, would be acquired.\nBecton Dickinson & Co said it expected cash payments from Bard and between $3.5 billion and $4.5 billion in 2011 and 2012, when Bard’s U.S. hospital systems would close, to be announced at a later date.\nIt also said Bard’s Oclife joint venture would “substantially offset” any payouts associated with Bard’s motion protection business.\nBecton Dickinson & Co shares were up $1.81, or 2.2 percent, at $65.67 in morning trade on the New York Stock Exchange. Bard stock was up $6.44, or 2.4 percent, at $45.45 in afternoon trading.\nBard’s merger proposal by Baxter International Inc (BAX.N) and Danaher Corp OHR.N earlier this month sent the companies’ stock tumbling while Becton Dickinson climbed ahead of its deal.\nThe stock jumped 9.6 percent to $61.84 in afternoon trading on Thursday.\nBendola Partners, a broker for healthcare and healthcare and biotechnology clients, said Bard’s investor day in May and an investor day in October will serve as the official launch of the proposed merger, and said Bard’s investor day would be the next most exciting event to come out of the health technology sector.\nBecton Dickinson said Bard’s Oclife ophthalmic products should be completed by the end of 2017, provided they are currently approved by the FDA.\n(This story corrects to say Bard’s U.S. systems would be affected by the acquisitions, not Bard’s Medtronic and Oclife), in 10th paragraph.)\n']

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http://www.reuters.com/article/us-northkorea-usa-japan-idUSKBN17P01Y

http://www.reuters.com/article/us-northkorea-usa-japan-idUSKBN17P01Y

North Korea says it is ready to strike U.S. aircraft carrier

['James Pearson and Steve Holland']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SEOUL (Reuters) - North Korea said on Monday it is ready to strike the USS George Washington after Washington opened fire on a South Korean military plane, a time when tension on the Korean peninsula has already prompted an unprecedented South Korean war game.\nA North Korean Navy sailor stands on deck of the USS George Washington aircraft carrier in Taebaoong port, near the demilitarized zone separating the two Koreas in Maesan, South Korea, November 9, 2017. REUTERS/Lee Jae-Won\nAn accidental U.S. attack on a South Korean fighter jet mid-air jet in the waters around Maesan, a southern Japanese naval ship that originated from a joint U.S.-South Korean naval exercise, caused the airspace the South Korean military cleared.\nNorth Korea said it might retaliate by sending a ballistic missile to destroy a U.S. vessel in its east coast, the South Korean Central News Agency (KCNA) reported.\nNorth Korea launched the attack, the latest episode of the region’s escalated tensions, in late September, warning Washington to open fire.\nIn a defence ministry statement published on Monday, Washington made clear it was ready to react if the North launched a ballistic missile that could hit the United States.\nJapan has ruled out a preemptive strike but Washington says it would prefer to wait until further notice before taking “precise, precisely calibrated” actions, KCNA said.\n“North Korea has not only committed a blatant violation of the strategic, defence and defence freedom treaty but is also again being purposely provocative,” said a statement released by a spokeswoman for the United States Defence Department’s Office of the U.S. Pacific Command (OASM).\nThe A-10 Thunderbolt II surveillance aircraft is by far the best-equipped when deployed anywhere else in the world, and is equipped with a multi-mission radar for launching ballistic missiles, Australia’s ABC reported.\nSouth Korea’s defence ministry said the state-owned Rodong Sinmun newspaper had rejected KCNA’s report.\n“The article is false,” the ministry said.\nThe A-10 and the recent Iron Dome anti-missile system sent over the Kaesong industrial complex were the most advanced of the four missile systems meant to deter suspected nuclear attacks on the peninsula, officials and media say.\nIn the absence of any pre-emptive military response, Japan’s defence ministry is launching a three-day test-launch of its anti-missile system.\nJapan’s defence ministry was not immediately available for comment.\n']

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http://www.reuters.com/article/us-fox-ailes-idUSKBN17P0SR

http://www.reuters.com/article/us-fox-ailes-idUSKBN17P0SR

CNN anchor alleges Fox News ex-CEO Roger Ailes also harassed her

['Joseph Ax']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["NEW YORK (Reuters) - U.S. independent journalist Jonathan Sehring, a Fox News Channel founder and investigative journalist whose “Between Two Ferns” segment chronicled Ailes’ treatment of women, said on Monday he was hoping for comment from Rupert Murdoch’s company as the male CEO approaches an exit from Fox News.\nRupert Murdoch has said he will not step down as CEO of News Corp, the parent company of Fox News.\nShoddy relationships, off-color jokes and upstanding men he said never held any front-row seats in his time at Fox were the issues Sehring brought to bear in the report on Ailes, in which he drew parallels between racial discrimination and race relations at the network and the massive media strike in September 2001.\nShoddy relationships also built distrust of both executives, Sehring told Reuters, adding that the report disproved allegations that Ailes forced or lavished fame on Sehring or sexual favors in exchange for his services.\nAccording to Sehring, Ailes never treated women or led a political party in an election he controlled for nearly five decades. He also ran a cable news network when he was CEO of News Corp, which for seven years was the No. 1 cable news network.\n“It’s got to stop, man, because I wouldn’t trade a good friend like that for anybody’s business,” Sehring said, suggesting media mogul Rupert Murdoch might understand the pressures over a time-simmering relationship between journalists and customers.\nShoddy relationships also built a distrust of both executives, Sehring told Reuters, adding that the report disproved allegations that Ailes forced or lavished fame on Sehring or sexual favors in exchange for his services.\n“I don’t think people like Rupert Murdoch look at me in the same light,” Sehring said. “Because I don’t care what I got.”\nShoddy relationships also built a distrust of both executives, Sehring told Reuters, adding that the report disproved allegations that Ailes forced or lavished fame on Sehring or sexual favors in exchange for his services.\nFILE PHOTO: The screen on AMC's Breaking Bad is shown above during the premiere of Breaking Bad at AMC Studios in Los Angeles, California September 13, 2017. REUTERS/Mario Anzuoni/File Photo\n“There was no part of me that could have told them exactly what they need to hear or need to hear,” said Sehring, who reported some segments for In Touch Weekly magazine.\nShoddy relationships, they said, bred distrust, “which I find on the part of their male superiors who tell their male employees to be a little rough around the edges.”\nShoddy relationships also built mistrust of both executives, Sehring said.\n“People are not supposed to be upset with their bosses. They have to be responsible for what people have in common,” he said.\nShoddy relationships also led to former News Corp CEO Michael Barnes being arrested in Paris last month on charges that he sexually assaulted a woman and in September a 60-year-old woman seeking emergency contraceptives.\nAiles, 63, has said he will speak to his wife Dana Buchwald about the incident, according to his publicist.\nShoddy relationships also led to former Fox News CEO Roger Ailes being arrested in Paris last month on charges that he sexually assaulted a woman and in September a 60-year-old woman seeking emergency contraceptives.\n“I’ve never had any pushback on any of this stuff,” Sehring said. “It has nothing to do with politics.”\nNews Corp is viewed as one of the world’s leading media companies, owning both the Fox News Channel and Britain’s Evening Standard Media.\nThe company declined to comment further.\nShoddy relationships also led to former Fox News CEO Roger Ailes being arrested in Paris last month on charges that he sexually assaulted a woman and in September a 60-year-old woman seeking emergency contraceptives.\n"]

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http://www.reuters.com/article/us-china-silkroad-security-analysis-idUSKBN17P10Y?il=0

http://www.reuters.com/article/us-china-silkroad-security-analysis-idUSKBN17P10Y?il=0

Local, global security firms in race along China’s ’Silk Road’

['Brenda Goh, Michael Martina and Christian Shepherd']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["GUANGZHOU/BEIJING (Reuters) - The marketplace of ideas is feeding China’s leaders into making policy on trade and the economy, making it a race among entities to win over the market.\nFILE PHOTO: People walk on a lake from the main shopping mall of Ningbo in central China's Shandong province in this September 25, 2014 file photo. REUTERS/Stringer/File Photo\nAcquisition of local or international firms in China is on the rise, as the rapid pace of innovation pays off.\nChina in recent years has demonstrated the appetite for local and international firms by steadily laying the groundwork for foreign companies to invest in it. In 2015 alone, 93 foreign-backed companies filed applications for 300 technology-related contracts worth about $4.5 billion, according to a Reuters analysis of deals on the official websites of the Ministry of Commerce and the Foreign Investment Promotion Board.\nThat is almost double the number of requests this year, according to official figures. At this stage, it is rare for an approval request to take place in China.\nPart of China’s drive to top-notch global talent is to make overseas companies leaders on their own. Sticking with a project to find Beijing’s security first was not always smooth.\nA 2014 study by PricewaterhouseCoopers said Chinese firms were already topping investments in China by investing about double the previous year. In the six months to December, the sector also seen a surge in client deals.\nThe Malaysian Xinyi Group made a $16.7 million global commitment in the summer to invest more than 15 percent of its $150 million redevelopment project in Shanghai.\nOther Malaysian-backed firms who have participated include Malayan Breweries, where 150 million hukou bottles of beer are earmarked for expansion and in-house whiskey and spirit production.\nThe Webrat Group, which operates in Asia and Europe, is the latest Malaysian-owned firm to work with Chinese authorities in these areas. The two companies are partners in local authority-level undertakings.\nCivic revenue, called performance marketing, works to persuade more Chinese to come over to China. It now accounts for about 25 percent of company revenues in China.\nA Chinese firm could invest in local firms in India, China’s largest market, but for now at least, foreign firms are willing to pay more than 2 percent of their annual corporate revenue to play the local market first.\nThe Chinese companies have also already started searching for local staff to run the company’s app-based business, according to a 2017 survey by consultancy Lumenanalytics.\nBANNING CHINA\nThe Mengniu Group, which operates in China, may have had more trouble getting people to come over. At the start of the year, it started building a human resources system across Zhejiang to hire staff locally.\nBut the company is now struggling with the backlash it has suffered from poor training and networking and working conditions.\nIts Shanghai-based subsidiary, Mengniu Mobile, was shut for a year in 2015 over a public-sector complaints. Then it was put into state hands by Li Ka-shing, the family heir-to-the-rainbow.\nYet Li, whose hand-picked replacement for Mengniu’s founder has not yet fully returned fire with much public criticism, is still the longest serving chief executive of the company.\nLate last year, Huawei Technologies Co Ltd and its parent company, ZTE Corp, took the top spot in local opinion polls around the world.\nOn average, 100 foreign firms applied for a Chinese acquisition worth $8.7 billion in the first six months of this year, according to Tsinghua University.\nToday, when a target is making any initial investment in a country, foreign buyers can send a request to meet all the criteria for a similar investment in the country.\nThat helps Beijing square its own demand for foreign investment with its own which can pick up a smaller, if disruptive, chunk of overseas investment, influencing decision-making within the United States and other countries.\nSlideshow (2 Images)\nFurther investment in local startups, putting at risk intellectual property rights and excess public sector wages, also makes it unlikely that any foreign partners will sign up to the venture in China.\nLikely, even if the Chinese appointees succeed in building their own talent pool and management structure, initial overseas returns are likely to stagnate, diminishing the competitive advantage of Beijing’s main market.\n“If you make a decision they will treat you differently because you are still developing and they won’t really be happy with the project they put in place,” said a potential partner of a foreign investment manager in China.\n"]

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http://www.reuters.com/article/us-usa-trump-holocaust-idUSKBN17P11A?il=0

http://www.reuters.com/article/us-usa-trump-holocaust-idUSKBN17P11A?il=0

Trump condemns anti-Semitism on Israel’s Holocaust Remembrance Day

['Julia Edwards Ainsley']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - President Donald Trump said on Tuesday that he condemned “those who desecrate, murder, steal and torture Palestinians, our Israel Jewish family members and the countless other members of our Jewish community,” leaving little doubt that the Holocaust was the cause of the violence in Gaza.\nNew York Mayor Bill de Blasio stands with his daughters Ivanka and Jared Kushner as they attend the Martin Luther King Jr. International Holocaust Remembrance Day (MLK) Service in Brooklyn, New York January 1, 2019. REUTERS/Shannon Stapleton\nThe proclamation is Trump’s second in less than three months, as he last week dismissed as “disgraceful” Israeli Prime Minister Benjamin Netanyahu’s January “effort to tell us the truth about the Holocaust.”\nBut the comment came just over a week after Trump harshly criticized a Chinese rebuffing President Xi Jinping’s broader effort to curb Iran’s nuclear program and late last year called for restrictions on trade with China.\nThat remark triggered fury by some Jewish groups, who accused Trump of being weak and a hypocrite for trying to make a case that his Holocaust proclamation had no effect on white supremacist groups that target Jews.\nIsrael killed 3,200 Jews during the Holocaust in the 1950s, and the number of Jewish victims stood at around 1.5 million.\nTrump held a news conference on Monday to mark the MLK Day event, giving a solemn tribute to the Polish Jew who then gave his life for the Jewish people.\nHe condemned his predecessor George W. Bush’s Holocaust denial, saying he was ignorant of his opponents’ story of a “Jew soldier” in South Africa who was falsely accused of commissioning apartheid forces in the 1980s.\nIn his Twitter comments, he was referring to calls by some Jewish groups to boycott the planned mass Palestinian holiday being held in Israel on Tuesday, the eve of Muslim holy month of Ramadan.\n“That, alone, must be an attack on Palestinians,” Trump said.\nTrump’s comment that “we’ve disrespected” all three world religions had come at the cost of other peoples suffering much in the past, not least Jews, he said.\n“Our greatest religions are exclusively Jewish and all of them are overwhelmingly and horrific,” he said.\n“They are the greatest people on earth,” he said, describing Israel’s government’s refusal to recognize the “Religious and Judaic right” to exist in the land it captured from Egypt in the 1967 Middle East war.\nIt has also stymied Jewish activists campaigning for Israel to develop hundreds of miles of high-security enclaves, saying the plan is designed to prevent them from inheriting land used in manufacturing and farming.\n“All that (Jews) don’t need in the country is an expression of our religion,” Netanyahu said on Monday, complaining that “for the last five years, you have not stopped [anti-Semitism).”\nOn Monday, National Jewish Democratic Council head Bill Ginsberg denounced the order, even as Republicans criticized it as “disgraceful.”\n']

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http://www.reuters.com/article/us-usa-stocks-idUSKBN17P104?il=0

http://www.reuters.com/article/us-usa-stocks-idUSKBN17P104?il=0

U.S. stocks futures rally after centrist takes first round in French election

['Rodrigo Campos and Megan Davies']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['U.S. stocks edged higher on Thursday after centrist Emmanuel Macron secured his first win in a three-round election on Tuesday.\nThe first official results from France\'s six-round election were later released, which showed Macron winning with about a quarter of the votes needed to ensure him becomes the first French Prime Minister.\nAnalysts said that the upward movement in U.S. shares following Macron\'s victory suggested investor sentiment was now favoring the slightly higher-edging German and French bonds.\nThe market set a new 2016 high of 10,800 points on Tuesday, although the Dow Jones Industrial Average gave up a gain to close down 38.22 points, or 0.16 percent, at 20,800.68 at 1:47pm EST (1447 GMT).\nU.S. markets were generally positive on the day. On Wall Street, the S&P 500 led off the day higher at $34.15, up from its record close of $34.20.\nIn New York, the Dow Jones Industrial Average gained 0.8 percent, while the S&P 500 gained 0.8 percent and the Nasdaq Composite gained 0.7 percent.\nAbout 7.8 billion shares changed hands on U.S. exchanges, below the 7.8 billion average so far this year, according to data from BATS Global Markets.\nIn its previous poll, Macron had held a massive lead over his main rival Marine Le Pen, the leader of the far-right National Front.\nMacron surged to his first win victory, taking 33.2 percent of the vote in a Tuesday vote. Le Pen had 44.7 percent of the vote.\nMacron\'s win marks a political breakthrough for the country\'s most powerful business leader, who had ditched his own party and campaigned on building jobs and social programmes.\n"I am extremely pleased with Macron\'s victory," Macron\'s chief of staff has been quoted by French media as saying.\nCHICAGO\nInvestors appeared to be viewing the pace of European economic growth as stabilising after the sharp falls caused by the debt crisis in Europe.\nThe German Bund futures dropped 14 ticks to 71.24. U.S. Treasuries were mixed, with the 30-year U.S. Treasury bond hitting a one-week low of 4.409 percent and the 10-year Treasury note hitting a higher low of 1.601 percent.\n"We had a pleasant spring and especially after the Greens came out with a strong victory, one would have expected us to increase it accordingly. Investors are certainly hanging on," said Randy Frederick, managing director of trading at Freddie Mac in Las Vegas.\nRussian stocks remained volatile following conflicting signals from the West on what it would do about Moscow\'s interference in a U.S. presidential election last month.\nOil prices were also mixed and dropped to three-week lows, with Brent down 13 cents to $61.34 per barrel and U.S. crude down 39 cents to $62.71.\nBenchmark U.S. 10-year Treasury note yields fell to 4.224 percent from 4.5 percent late on Wednesday. The 30-year was last yielding 4.159 percent, slightly higher than Wednesday\'s 4.165 percent.\nThe euro was down 0.21 percent against the dollar. The single currency climbed to $1.3802 from $1.3292 late on Wednesday.\n(Additional reporting by Marcy Nicholson in New York; Editing by Bernadette Baum)\n']

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http://www.reuters.com/article/us-france-election-supporters-idUSKBN17P11U?il=0

http://www.reuters.com/article/us-france-election-supporters-idUSKBN17P11U?il=0

Triumph and tears mark night of French political theater

['Mathieu Rosemain, Dominique Vidalon and Sarah White']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["PARIS (Reuters) - In front of stunned fanfare at the Monument des Épons in Paris, a portrait of former Socialist prime minister Jacques Chirac cracked the night sky hard and gave an unguarded look into the New Year.\nFrance's new Socialist President Emmanuel Macron arrives to attend an event in Paris for his New Year's Eve speech with President Emmanuel Macron and Vice President Danilo Mason to inaugurate the tenements of Paris, France, November 20, 2017. REUTERS/Charles Platiau\nThe bustle inside the monument was almost palpable. It was only because of the king of statues and the presence of the royal family, who gathered for a plenary session, which had become an all-consuming national event.\nYet there were glimmers of new interest when Emmanuel Macron was presented with the 350-year-old portrait of Chirac, the former president who in the 1980s revolutionized French politics and had in the 1970s won a French presidency in 1992.\nMacron hailed the painting as “a symbolic triumph” in his first year in power and cast him as a public servant who would “bring democracy and fidelity”. He also highlighted the central role that the state had played in political politics.\n“We are deeply proud to have just one painter, and the portrait that now hangs among our monuments, is a symbol of democratic and historical continuity,” Macron said.\nSeveral hundred thousands of tourists poured through a packed avenue to see the statue of Chirac with a view of the French capital and the numerous monuments surrounding it.\nA mixed reception was also held at the opera which played Chirac’s Orpheus in the New and Orpheus in the Divine Light, a soprano singing his Christmas melody “Silent Night” as part of the autumn concerts that inspired the composer.\nThe force of nature also shone through, with a few peasants planting fruit in a church at Branden, an industrial estate near the Grand Palais cathedral in Paris that many who had come to see Chirac chose to call home.\nFrench presidents often use their office space in long-debated private residences such as trunks at market markets to serve their own personal causes and policies, a principle that will remain in the minds of every French man and woman in 2020.\nFRENCH ROOTS\nThe fortunes of the French brand-conscious youth, less tolerant than the rest of the French, revolve around the result of a two-round election in April that came in at a similar time as the country prepares for climate change.\nA flurry of quarterly social surveys showed many French people opposed to a two-round election for the two main parties that is expected to boost their votes at election time.\nTwo out of three of the 28,000 French daily newspapers and magazines published results by the surveys showed little connection between the Nov. 20 election and the failed May 6 French presidential poll.\nPrime Minister Édouard Philippe, at his official residence in Paris, confirmed on Tuesday that he had an agreement with the French Interior Ministry that he would finish the first leg of the Paris election in February, even though that date had been set earlier.\n“It is sad that the unprecedented parliament (electoral body) is taking time to consider such divisive issues,” Philippe said.\nHe said he would reconvene at the end of next week and appoint a national commission of expert experts to study the election and to come up with recommendations on electoral reforms.\nThat would give the electoral body an opportunity to select its own legislature, where opposition parties have already said they would support them.\n“I ask the authorities to use this opportunity to analyze the current nature of the polling system. We have no idea who has the intention of casting their ballot. They are all right here and there,” Prime Minister Édouard Philippe said.\nThe French government is the opposition’s main political force but has little sway over the political system.\nThe last Socialist government of late Francois Hollande was later drawn into an unpopular struggle with Socialist Party officials and regulators over the fate of prices and royalties for farmers.\nA centrist government had insisted on reforms before the referendum, which meant Macron would take office, but over the autumn referendum and the new poll result, Macron had shown himself to be less inclined to get into court.\n"]

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http://www.reuters.com/article/us-global-markets-idUSKBN17P10G?il=0

http://www.reuters.com/article/us-global-markets-idUSKBN17P10G?il=0

French election spurs equity market, euro rally

['Chuck Mikolajczak']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['A trader holds a euro note in front of a stock market closed-end note at Saut Ambrosetti brokerage firm in Saint-Gobain, northern France, October 30, 2016. REUTERS/Jean-Paul Pelissier\nPARIS (Reuters) - The markets bounced from a sixth consecutive loss on Wednesday following a surprise exit of French President Emmanuel Macron, while initial France’s recovery paused further in its region.\nFrance was down more than 1 percent on Wednesday at 8,130 points, the French blue-chip S&P/ASX 200 Index losing more than 1 percent and after receiving one-month highs in the previous session.\nMarket heavyweight France’s FTSE MIB gained 0.5 percent and MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.4 percent.\nSeparately, the Institute of Supply Management’s services PMI rose last month and more accurate prices were expected in January.\n“While some economists tend to stress the speed of job growth, many feel that the recent slowdown could continue, with the spectre of negative shocks to the index adding further pressure to the current pace of export-driven growth,” analysts at Nomura said in a note.\nThe Paris-based IBEX climbed more than 1 percent while the FTSEurofirst 300 gained 1.7 percent.\nInvestors have lined up the resources sector on bets that Macron, who could revive a moribund economy, will be put on trial before France’s Constitutional Council this week, as the populist Macron has called for an electoral reform.\nMacron hit back on Wednesday, rebuffing calls for a snap election which he said would violate his constitutional mandate, repeating his pledge to dissolve the parliament on Friday and remove the president from office on Jan. 7.\n“He will get his wish and his side will then see to it whether he gets the constitution by hand, or if he goes down like we have seen in the past,” a portfolio manager at a French bank said.\n“The market has already priced in any debt reduction more than 1 or 2 years,” the manager added.\nThe central bank decided earlier this week to step up the pace of interest rate hikes following a speech in which it said it was weighing the impact of inflation on interest rates in a sustained manner, a decision that helped the dollar extend its sharp losses on the day.\nP&G (PG.N) shares rose 1.4 percent to around $46 after the company reported stronger-than-expected profit. The market also sold off several euro zone stocks following the U.S. election, with heavyweight energy shares in the United States up 2.6 percent.\nGermany’s DAX shed 1.6 percent after Germany’s investment bank Deutsche Boerse sold a half-yearly stake to Russian energy company Rosneft, saying the move would further increase Kremlin influence in Russia.\nMeanwhile , mining stocks pared losses after China’s trade surplus narrowed on Wednesday, lifting the market’s purchasing managers’ index to 55.6 from 55.7 in December, capping a nearly four-month rally.\nU.S. stocks recovered from earlier losses on Wednesday amid a flurry of big earnings earnings announcements and smaller headwinds for stocks.\nElsewhere, oil rose more than 1 percent to trade at its highest since early November.\nUnited Continental (UAL.N) dropped 1.5 percent after the aviation carrier signed a deal with passenger tracking service Flightglobal Inc, putting pressure on shares in the sector.\nAMC Entertainment (AMC.N) fell 1.5 percent after declining about 50 percent in the last 12 months.\n']

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http://www.reuters.com/article/us-imf-g20-aiib-idUSKBN17P0WB?il=0

http://www.reuters.com/article/us-imf-g20-aiib-idUSKBN17P0WB?il=0

World Bank Group, China-led AIIB agree to deepen cooperation

['David Lawder']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - The World Bank Group said on Wednesday it has agreed to develop a permanent capital grant to the AIIB, using its own in-house research capacity and two Russian scientists.\nFILE PHOTO: The logo of the World Bank is seen on its logo in this May 10, 2016 file photo. REUTERS/Worika Korbe/File Photo\nThe bank, which developed and led the development of the Shanghai-London Declaration for Financial Cooperation (SFC), has come under pressure since last year after the U.S. Treasury Department said it was looking to freeze its funding of the AIIB, which it says would have a negative impact on development of global financial stability.\nThe WBS Group, an affiliate of the World Bank Group, has not replied to requests from Reuters for comment on the plan.\nThe Bank was first established in 1969 and the body not affiliated with the World Bank was established in 1991. A centre for developing the banking system in World Bank.\nIt has been criticised by the United States, as well as other countries for what it calls its unfair treatment of a sovereign currency currency - the U.S. dollar and its equivalents in the euro and pound.\n“In a vacuum, not only will it take on added credibility, it will also hinder efforts on the whole to demonstrate regional resilience through the external sanctions,” World Bank General Affairs Chief Thomas Dicker told an event held by the Bank in August last year.\n“So really for me, we’ve come too far to do this alone,” he said.\nThe SFC planned for a revised development programme in 2021 led by the World Bank. The funding is part of the Regional Comprehensive Economic Partnership, the so-called co-operation agreement set up in 2017 between the 15 Central and 16 Eastern European (CENEA) nations.\nAfter the delivery of the blueprint, the World Bank plans to make available its research capacity to clients in emerging economies.\nThe SFC would be implemented within the funds of the World Bank, and there is no written agreement as yet to what steps the bank could support.\nThe funding could come from the National Development Fund.\nThe AIIB is an economic partnership between the countries of the South Asian region, and the Pacific and North America.\n']

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http://www.reuters.com/article/us-france-election-markets-idUSKBN17P0WW?il=0

http://www.reuters.com/article/us-france-election-markets-idUSKBN17P0WW?il=0

Investors cheer France vote as far-right vs far-left clash averted

['Jemima Kelly']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['LONDON (Reuters) - France’s left-wing government decided on Friday to cancel a planned vote in the far-right National Front (FN) to elect new leader Marine Le Pen on a no-confidence motion in parliament.\nThe ruling Fillon-led conservative party had initially sought to stage a quick vote in the lower house of parliament to unseat centrist leader Marc Forster as the leader, but the intervention by the FN left intact that motion.\nPro-Francoist protesters gathered outside the parliament on Friday with flags waving across the street shouting, “Allahu Akbar!”\nFrance wants a new, five-year term of French President Emmanuel Macron in the upcoming election in February, a vote that would give the National Front the power to nullify and also alienate other center-right parties.\nAs well as the 65 people who have so far refused to take part in the no-confidence vote, there are also a record number of left-wing political parties and the rise of far-right movements across Europe.\nFrance has the world’s longest active anti-terrorism law, making it a crime in the European Union for anyone to operate a state security service and to share intelligence with abroad.\nLe Pen is trying to steer France into her goal of rebalancing the French system on the basis of its culture, tradition and economic policy to stop radicalisation.\nA Fillon-led coalition proposed that the FN election be postponed from Feb. 8 to March 8, leaving the total votes cast to a threshold of 105 deputies from 16 lawmakers, the highest tally since 1967.\nBut the FN rejected the proposal, saying it would embolden the far-right to also seek to strengthen its coalition ally the Third Front, which supports the Loire, a country with a history of violence.\nThe FN is one of two parties in a new generation of left-wing parties, but Fillon is popular among the small, pro-immigration and right-wing sectors of society.\nIn a surprise move, Finance Minister Bruno Le Maire told reporters after the unanimous vote in parliament that the FN’s defeat was a victory for the rule of law and would not interfere with France’s need to tackle extremism.\n“We realize that we cannot go alone,” he said. “We have to keep our solidarity.”\n']

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http://www.reuters.com/article/us-usa-congress-shutdown-idUSKBN17P0FH

http://www.reuters.com/article/us-usa-congress-shutdown-idUSKBN17P0FH

Trump pressures Democrats on Obamacare to get border wall deal

['David Morgan and Doina Chiacu']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["U.S. President Donald Trump addresses reporters during a visit to the Mexico City airport airport, January 31, 2018. REUTERS/Luis Enrique Ascena Navarro\nWASHINGTON (Reuters) - President Donald Trump demanded on Tuesday that Democratic lawmakers get in front of him in talks to negotiate an end to a decades-old Obamacare funding dispute over wall money and more border security, a move that appeared to throw Democrats into the deep freeze.\nSpeaking as he watched from a hotel by morning, Trump said the United States was ready to move in a way that would prevent Republicans from blocking a wall.\n“Everybody’s going to be working towards a wall,” Trump said. “We’re an amazing country.”\nIt was unclear when or where Trump would arrive in either Los Angeles or New York to meet with Democratic lawmakers, who are meeting with Republican leaders in the Senate to try to fix the tax and spending bill passed last month.\nDemocrats have wanted the Democratic-controlled Senate to go along with a measure that would also prevent them from blocking a shutdown in the upcoming 2018 midterm elections.\nWith only two weeks until the late-February elections, Democrats have started trying to patch together a deal with Republicans that would avoid a shutdown. Republicans have refused to include a border wall in any such compromise.\nDemocrats are seeking $25 billion more to finish the Pentagon’s important mission to destroy Islamic State, while the House of Representatives is pushing for a $30 billion round of immigration funding through the end of next year.\nTrump said his “show of hands” on Tuesday would boost both aid and Republican priorities.\nFILE PHOTO: U.S. President Donald Trump (C) gestures while he watches from the elevators of Mexico City's Mexico City airport airport, January 31, 2018. REUTERS/Henry Romero\n“We have a firm plan, yes,” Trump said. “There’s no information, and I’m working on it, but I think in an era of so many headwinds, I think as an executive you’d better execute plans.”\nTrump used his formal address to a packed Manhattan airport to warn his fellow Democrats that they should not get whipped into an obstruction row by any new immigration legislation.\nHe said they will not be able to find $1.5 billion in new funding to finish off Immigration and Customs Enforcement for border security.\n“After a total pain, very little success,” Trump said, following earlier remarks that he intended to start threatening to do “bigger” things and take it on behalf of his increasingly unpopular Republican Party in the 2018 elections.\nTrump thanked his party and Senate Democrats for their efforts in the House of Representatives. But he said he would insist on passing a bipartisan immigration bill, saying: “Then I’ll finish the job.”\n"]

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http://www.reuters.com/article/us-usa-infrastructure-analysis-idUSKBN17P0AS

http://www.reuters.com/article/us-usa-infrastructure-analysis-idUSKBN17P0AS

Delays dog ’shovel ready’ projects in Trump’s infrastructure plan

['Luciana Lopez']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["(Reuters) - Final groundbreaking projects from President Donald Trump’s $4.7 trillion infrastructure plan won’t begin until the month of November, is a “shovel ready” projects capable of getting completed without Congressional oversight, California City Councilman Erik Jones said on Wednesday.\nFILE PHOTO: New York City Councilman Erik Jones speaks at a press conference at the Fortune New York 50th Anniversary Luncheon to mark the celebration of 50 years of the city's New York Stock Exchange (NYSE) at the U.S. Conference Centre in Manhattan, New York, U.S., December 2, 2017. REUTERS/Brendan McDermid/File Photo\nJones, who is concerned about infrastructure waste and said that his constituents will be exposed to paying more in taxes if Trump’s plan is implemented, backed his plan to develop an international blueprint to bankroll infrastructure projects in as many places as possible, including China, South Korea and Japan.\nThat blueprint would create a free-market regulatory structure for infrastructure investing and incentivize companies to use local markets to create investments in green technology and clean energy. Jones sees the blueprint as a second pillar to clean up air and water and pass muster with Congress’s requirements that federal regulators maintain strict scores on the Environmental Protection Agency’s “highest” rating of non-polluting power plants.\n“We’re happy that the Trump administration is making progress in getting real investment right at these levels,” Jones said, adding that short-term economic growth in the U.S. may not be enough to overcome the long-term challenges that residents face from climate change and greenhouse gas emissions.\nTrump has also been promoting industry and scientific studies of the effects of climate change in meeting his promise to cut billions of dollars in tax breaks for oil companies and small businesses, which Jones said he has outlined in a letter to him.\nIn a memorandum to local governments on Tuesday, Trump wrote that the eight-state project is worth $172 billion.\nJones said he had spoken to Trump and Secretary of State Rex Tillerson about the planned regulatory process for construction of roads, water and light rail between cities including New York, Miami and Washington.\nThe $535 billion infrastructure initiative approved by Congress in 2017 remains mostly funded, and has not been enforced in states where the federal government is not legally bound to control where infrastructure investment is based, Jones said.\n"]

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http://www.reuters.com/article/us-france-election-breakingviews-idUSKBN17P0XY

http://www.reuters.com/article/us-france-election-breakingviews-idUSKBN17P0XY

Winning French presidency is easy part for Macron

['Swaha Pattanaik']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['PARIS (Reuters) - French President Emmanuel Macron’s former aide, Alessandro Fasoli, was feted on Tuesday at a function at the Pompidou Centre, which the man once known as “the baronet” or “master of the executive” feels “like being twiddling the keys”.\nDespite extensive Swiss diplomatic commitments, Fasoli, who had worked for Macron during his years as finance minister and as chief legal adviser to Emmanuel Macron, had been privately floated as a possible rival in the leadership race for the Feb. 6 presidential election.\nFasoli, who became secretary general of the president’s office in 2016, told France Inter radio recently that “outside the 18th Century the French parliament” had many functions and possibly more than some.\n“It is not so easy to get through the legislative system in France - after the 18th century, basically. We need to have all the checks and balances that will make this possible,” he said.\nHe added that people like Fasoli, who led Macron’s anti-corruption campaign, and some media and politicians in his party, were not prone to partisan ideologies but “they do not want to hide their political leanings”.\nTrump and Putin both criticised Macron after he was re-elected on Sunday but he now says he will not put the U.S. president at risk of sanctions, weakening the sanctions regime that protect major state firms and state entities.\nBut Fasoli told The New York Times in 2016 that he would not contest a battle with Macron at the January 26 ballot and that he had no intention of becoming the candidate he could not be, citing the “personality of his views and his substance”.\nFasoli was a political insider in France for decades, becoming finance minister in 2011 after helping the late French president Francois Mitterrand win a bid for the presidency in 1970.\nHe served under Macron until 2016 as finance minister and key cabinet minister. The former banker has made many eurosceptic circles a fixture in Macron’s government.\nPresident Francois Hollande has forged an alliance with his former house speaker Renaud Vollier, former interior minister and now home secretary. They meet regularly in government.\n']

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http://www.reuters.com/article/us-afghanistan-taliban-analysis-idUSKBN17P0RJ

http://www.reuters.com/article/us-afghanistan-taliban-analysis-idUSKBN17P0RJ

Afghan Taliban’s brazen attack eclipses Trump’s ’mother of all bombs’

['Josh Smith and Hamid Shalizi']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TEL AVIV (Reuters) - The Taliban’s brazen assault on central Kabul on Tuesday fuelled memories of the horrific attacks that tore through the predominantly Muslim city in 2016, killing up to 86 people.\nFormer U.S. Chief of Staff John Kelly and Afghan President Ashraf Ghani inspect an airport in Kabul, Afghanistan, November 17, 2016. REUTERS/Zohra Bensemra\nMost analysts question whether the Taliban, which claimed the victory of the Afghan Taliban last year, are able to contain the violence.\nMany of the fallen militants on their rampage were militants or allies of foreigners or al Qaeda affiliated fighters, including the Jordanian king.\nThe assault also obscured the meaning of “mother of all bombs”, which was used by the Afghan military on Friday to smash a huge “eye of destruction” in Kabul’s eastern Bab-e-Urhai stadium, just some 40 miles from the city centre.\nAfghan President Ashraf Ghani, in a televised address, called it a “dissolution of blood”, and said he expected a long and costly battle to restore order.\n“Remember one, when there was an Islamic State, the Taliban worked out the text of 7 am prayers, in a peaceful, public place,” he said.\nTrump’s decision on Friday to withdraw U.S. troops from Afghanistan by the end of the year “contrains grave risks”, Trump told reporters at the White House.\nBut U.S. officials have ruled out the possibility of pulling the withdrawal agreement over that time frame and called Ghani’s comments “prosperous”.\nThe attack was led by what the insurgents said was “probably Ghani’s daughter”, the head of the Taliban’s secretive Mujahideen faction.\nA spokeswoman for the insurgent group said the Taliban was using its militia to order the media to cover its assault, and pointed out that Ghani was not in Washington.\nShe said the Taliban launched the attack at around 6:15 pm (1415 GMT) on March 12 at a gathering place for worship.\nDariq Baloch, spokesman for the rebel-affiliated Nourah faction, said the country’s resistance fought on “the Pakistani side” and that “it’s not possible that” a group could attack Kabul.\nDespite the Taliban’s notoriety, the group has failed to regain ground in the last three years, mired in sectarian violence, and the days of rapid gains by its forces.\nThe insurgents also have a heavy reliance on foreign supplies, and several western airlines said it might have to abandon Afghan passengers in coming months after the country’s new high-speed flight flights.\nOnce Taliban fighters are fighting in Afghanistan, coalition aircraft will fly hundreds of thousands of people a year to the Taliban-held capital, to replace Afghan troops who are serving in the Afghan army.\nAfghanistan’s military is struggling to control a growing population, and the Taliban’s push to establish a central base and expand local influence is central to the war.\nIslamic State had proclaimed itself the “caliphate”, with foreign forces aiding the extremists in a “Daesh-style” operation against Islamic State.\nElsewhere, Afghan security forces also established the staging post for the bloody battle against al Qaeda last year.\nHajja Wardak, the acting speaker of parliament, said the Islamic State had now declared a “state” and capital has been partially recaptured and the coalition fighting it would not use force for now.\nThe government hopes the Taliban will be able to draw down or seek revenge before a new U.S. peace deal in the country ends, he said.\nBut armed factions have long clashed over who should take control of Kabul as the army is losing ground.\n“The Taliban are little different today than they were in 2012 and we have suffered an ambivalent response from the Russians,” said Dariq Baloch.\n“On this they are too busy thinking of their own hands and not to see things, not to be involved in battles, not to think about the consequences and not to be safe.”\n']

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http://www.reuters.com/article/us-afghanistan-usa-bomb-idUSKBN17P0HX

http://www.reuters.com/article/us-afghanistan-usa-bomb-idUSKBN17P0HX

Few clues on casualties at site of huge U.S. bomb in Afghanistan

['Ahmed Sultan']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Afghan policemen work at the base of the 4th armoured division of the U.S. Afghanistan National Police (INP) on the outskirts of Nangarhar, province, Afghanistan, November 29, 2017. REUTERS/Ahmed Zakot\nBENGHAZI, Libya (Reuters) - Few signs of casualties have been found at a site popular with Pakistani militant groups that killed eight U.S. Marines in January 2017, a NATO commander said on Friday.\nOn the second day of an eight-day review of U.S. military action in Afghanistan in May, NATO officials said 15 Afghan civilians were among the dead in the attack, including four Americans.\nAs the findings came out of a U.S. review in May of war crimes committed by President Donald Trump’s team, military commanders suggested tighter controls on how the U.S. government monitors the Afghan military - unlike the Marine Corps and other U.S. forces who risk their lives to kill Taliban fighters and contractors.\nNicholas Hoult, a former Marine who commanded the training of Taliban commanders in the Niger Delta, told Reuters the United States “could have the military version of that” with the lower-ranking Afghan army fighting to take over as the Taliban have centralized their army leaders across Pakistan, where the Taliban operate.\n“If they did not have the infrastructure to do their own defense, they would have turned to suicide bombings,” he said.\nThe United States has suspended U.S. combat operations in Afghanistan after failing to train Afghan soldiers to fight the Taliban but has also continued military operations at its base near Nangarhar.\nHoult said the lack of clues about the bombing at the base in a southern valley created an “alert” atmosphere during the review that will dictate when the review concludes.\nThe letter by the alliance’s Chief of Staff, General John Nicholson, to then-U.S. Secretary of Defense James Mattis, in April last year said strikes in Afghanistan risked adding to the military burden and would result in no special support for the Afghan army or commanders.\n“Do not conduct air strikes and remain absolutely silent ... Would have continued additional casualties and persistuation of an already hostile situation,” Mattis wrote in the letter to Mattis.\nThe letter was sharply criticized by NATO Secretary General Jens Stoltenberg, who called it “offensive”, but late on Friday voiced confidence that the United States could control its military presence in Afghanistan.\n“The delay for these events is unacceptable to us and has created even more danger for our coalition partners,” Stoltenberg told reporters at NATO headquarters in Brussels.\n']

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http://www.reuters.com/article/us-northkorea-usa-detainee-idUSKBN17P038

http://www.reuters.com/article/us-northkorea-usa-detainee-idUSKBN17P038

North Korea detains third U.S. citizen

['James Pearson']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SEOUL (Reuters) - North Korea detained a third U.S. citizen in detention last week in a case that Beijing called a “provocation.”\nA North Korean flag flies at an undisclosed location in the Kumsusan area in the west of the country, December 30, 2016. REUTERS/Kim Hong-Ji\nThe U.S. State Department said on Friday that on Sunday New Jersey resident Jamal Abdulmutallab was detained by North Korea’s Korean Central News Agency (KCNA) as he sought to start a new life in the United States.\nThe man, Abd al-Khaled al-Amin, reportedly told his family that he intended to enter a U.S. prison in Washington in coming days.\n“He told his mother that he would take us to Cuba, but when he got there a high-ranking North Korean official warned him that he must head for Cuba,” Abdulmutallab’s family said.\nThe U.S. State Department said on Friday the four-term Abdulmutallab had been detained since November 2014 in South Korea on charges of trying to blow up an airliner.\nA statement late on Thursday from the U.S. consular department in Seoul said that he was in a U.S. medical facility awaiting treatment.\nThe three-nation India-North Korea cooperation hotline has not yet been activated, North Korea’s Foreign Ministry said late on Wednesday.\nNorth Korea has been locked in a long-running and highly-publicised dispute with the United States over its nuclear weapons program, which Washington insists are not aimed at a single country.\nA North Korean accused by Washington of driving a car into an Israeli airliner in 2008, Washington said was a serious fraud. But Pyongyang promptly dismissed that as “disturbing.”\nThe North has this week called the incident a “provocation.”\nNorth Korea was also mentioned in a document drafted by a U.S. military tribunal in Seoul published late on Tuesday as both sides accused South Korea of conducting “unprecedented” operations against the disputed South Korean peninsula.\nThe document, seen by Reuters, “demonstrates the continuing ability of both parties to carry out various activities that have no regard for national dignity and security,” the South Korean president’s office said.\nThe detention of Abdulmutallab followed a series of detention of high-level North Korean and South Korean officials by the North and South Korean forces on Dec. 13 and 14, and a Dec. 17 detention of South Korean telecommunications specialist Vitaly Churkin, who also was accused of trying to transport the money from Tokyo to the United States.\nThe South Korean government is waiting to hear whether Washington will take any concrete steps against the renegade North Korea leader, Kim Jong Un, who will meet U.S. President Donald Trump on Sunday in Washington.\n']

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http://www.reuters.com/article/us-usa-trump-energy-idUSKBN17P0JC

http://www.reuters.com/article/us-usa-trump-energy-idUSKBN17P0JC

Trump to set new executive orders on environment, energy this week

['David Shepardson and Valerie Volcovici']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON/WASHINGTON, Jan 1 (Reuters) - U.S. President Donald Trump will assemble a team of White House staffers this week and will convene them to direct future executive orders on domestic and international environmental protection, the White House said on Wednesday.\nThe weekly meeting is the first official engagement between Trump and the leaders of almost 100 agencies and industries on the international stage, and both men were formally invited to the event after a tense administration dispute over the defense budget.\nTrump’s team of advisers and their heads of government staff will meet in mid-January, the White House said in a briefing note to journalists. They will hold closed-door meetings about policy areas, and representatives of environmental and infrastructure groups, like the Federation of American Scientists, a conservative think tank, will be invited.\nThe meeting is to take place from 6:30 to 7:30 p.m. Eastern Standard Time (2:30 to 6:30 p.m. Pacific Time) Tuesday.\n“As President Trump announced in January 2018, funding for our military will be increased and greater federal spending will also be made available in meeting the growth in our national parks and monuments,” White House spokeswoman Sarah Huckabee Sanders said in an email to Reuters.\n“It will help to ensure the fight against climate change continues and advance our national interests,” she said.\nTrump’s team will be asking to “hear directly” from him and other agencies as to new domestic and international policies that could affect the United States. In a meeting with Democrats at the House floor on Tuesday, the president’s new energy director, Robby Mook, said his administration would focus on expanding industries’ access to clean energy, affordable education, public safety and environmental policies.\nMook was set to meet with Labor Secretary Alexander Acosta, Transportation Secretary Elaine Chao and Chief of Staff John Kelly on Wednesday to follow up on their question about state and local tax incentives and regulations.\n']

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http://www.reuters.com/article/us-usa-mattis-africa-idUSKBN17P0C7

http://www.reuters.com/article/us-usa-mattis-africa-idUSKBN17P0C7

U.S. watching piracy increase off Somalia, sees ties to famine

['Idrees Ali']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SAO PAULO (Reuters) - An initiative by Somali refugees in the United States to lend support to anti-piracy forces in Somalia was worth watching, Secretary of State Mike Pompeo said in an interview with The Washington Post on Sunday.\nU.S. President Donald Trump takes part in the NATO foreign ministers’ meeting at the Chancellery in Brussels, Belgium, November 12, 2017. REUTERS/Francois Lenoir\nUnder a policy endorsed by Obama, Somalia’s government has strengthened its ceasefire with international and Somali forces during this year’s Six-month campaign of war aimed at ending the conflict.\n“I think this is a very valuable initiative that should stay on the forefront, I think for Somalia where it could be used. The impact is as high as it can go to reduce violence that was continuing,” Pompeo told The Post.\nSome 180,000 Somali refugees have settled in the United States under Pompeo’s watch, according to the group Migrants Solidarity.\nPresident Donald Trump has called for international support to help Somalia rebound from the 2007 famine.\nSomalia’s leader, Hassan Mohamud, has urged to increase pressure on international bodies such as the United Nations to try to mediate between the Government and local groups.\n“The U.S. government is watching and we are watching and we are calling on the international community to come together and do more,” Pompeo said.\n“I think that the U.S. government is prepared to come together ... There is nothing new.”\nSomalia has experienced a similar refugee crisis in the past, with millions fleeing the country in large numbers in the aftermath of the U.S.-led military intervention.\nStill, Pompeo said he believes Somalia needs a U.S. government that takes a leadership role in addressing piracy.\n“I think that Somalia does have a very high level of piracy, and those are illegal activities, we really ought to see more effort from the U.S. government, a lot more cooperation and more programs for Somalia, and hopefully a stronger level of U.S. presence,” Pompeo said.\nHe said he has contacted then U.S. secretary of State Rex Tillerson to discuss ways to address piracy along the U.S.-Somalia border, and he expected them to meet soon.\nPompeo said the United States would not be deterred by criticism that some members of Somalia’s ruling Islamist faction are running TV stations in the country to oppose its efforts to stabilize Somalia, an allegation he has reiterated in the past.\n“We are working in partnership with international partners ... so they are collaborating with us in this capacity,” Pompeo said.\n']

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http://www.reuters.com/article/us-global-forex-idUSKBN17P12R

http://www.reuters.com/article/us-global-forex-idUSKBN17P12R

Euro surges, yen dives as French election fears abate

['Sam Forgione']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["FILE PHOTO: Japan's Finance Minister Akira Amari, Ryoji Mishima and Ryoji Mishima, President of the European Central Bank, shake hands after signing an agreement by 19 of the 17 euro zone nations to conduct a joint review of fiscal conditions after the elections of France and Germany last month, in Berlin November 6, 2015. REUTERS/Hannibal Hanschke/File Photo\nTOKYO (Reuters) - The euro surged on Monday, with the yen skidding as European election fears abated in France and the U.S. economy rattled nerves, as investors picked up the risk of further central bank stimulus and plans for early U.S. interest rate hikes.\nThe euro rose as high as 110.62 yen per dollar, recovering from a one-month low of 101.36 yen reached in early 2017. It was last at 101.45 yen, down 0.9 percent on the day.\n“The announcement last Thursday of a new U.S. economic and fiscal policy blueprint that has threatened the very existence of the euro area is expected to embolden the markets to see further tight monetary policy as a possible inflationary threat,” said Kit Juckes, chief currency strategist at CMC Markets in London.\n“Our focus is, however, on the rally in stocks - gold and bonds - again, suggesting that it should be more retraced before getting out of the rally,” he added.\nAgainst the dollar, the yen slipped 0.6 percent to 99.55 yen, and was last at 99.82 yen.\nEuropean stocks .MIWD00000PUS fell on Monday, with German Bund futures .JSPT down 0.2 percent to trade at 95.0000. A survey showed an unexpectedly strong 11.3 percent jump in the output of new orders for capital goods in December, the highest since September 2015.\nA Reuters poll of economists predicted jobless claims on Friday would not spike as expected. The jobless claims number will be in focus on the U.S. Federal Reserve’s key jobless policy meeting on Wednesday.\nThe franc fell to a two-week low against the dollar after U.S. President Donald Trump nominated former Goldman Sachs (GS.N) economist Neal Aylward to be a senior Fed policymaker.\nU.S. stocks .SX6E were up 0.4 percent at 3,304, while the Nikkei .N225 climbed 1.3 percent.\nEurope bourses in 2017: link.reuters.com/pap87v\nAsset performance in 2017: link.reuters.com/gap87v\nToday’s European research round-up (GOLF)\n"]

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http://www.reuters.com/article/us-usa-immigration-dreamers-idUSKBN17P0LM

http://www.reuters.com/article/us-usa-immigration-dreamers-idUSKBN17P0LM

Homeland Security not targeting Dreamers: Kelly

['Valerie Volcovici']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - U.S. Homeland Security Secretary Kirstjen Nielsen said on Wednesday that the U.S. would not target immigration enforcement agents trying to break up families, despite evidence that a range of illegal immigration-related crimes have caused frequent flight delays, intensifying concerns.\nFILE PHOTO: U.S. Homeland Security Secretary Kirstjen Nielsen (L) meets with the president of Japan Shinzo Abe on the sidelines of the Group of 20 economic summit in Seoul, South Korea, November 18, 2016. REUTERS/Kim Hong-Ji/File Photo\nThat assertion was a direct response to reports on the sidelines of the Group of 20 summit in Seoul on Tuesday that some immigration enforcement agents in Phoenix, Arizona, are targeting illegal immigrants, something officials said was unusual.\nNielsen said the Phoenix policy would not constitute enforcing enforcement as it only takes the actions of federal law enforcement agencies.\n“It is our policy for no one to take any enforcement action when they cross our southern border,” she told reporters at a meeting of Japan’s foreign ministers.\nThe Phoenix policy “makes clear that legitimate border crossing into Arizona is not enforcement. That’s what we want: Americans of Mexican heritage.”\nNielsen’s comments, in contrast to what she said at the previous G20 meeting in Sydney earlier this month, came as some senior lawmakers urged immigration authorities in the United States to talk with the families of some of the 9.7 million unauthorized immigrants.\nArizona Gov. Doug Ducey said in a statement that any attempt to arrest some of the travelers would only be labeled “detention” - a phrase that is often used to describe actions of immigration enforcement agents.\n“We will certainly not be making exceptions to what policy enforcement officials have been saying to victims of illegal immigration,” Ducey added.\nBoth Nielsen and Republican Senator John McCain, who represents Arizona, urged immigration authorities to talk to U.S. citizens, but without asking for a visa, in what was seen as the first comments by a senior Democratic lawmaker on possible abuse.\nSenator John Cornyn, a Republican from Texas, said in a statement on Tuesday he was concerned about Ducey’s comments.\n“Congress should show good leadership on the issue of breaking up families at the border,” Cornyn said.\nMexico’s Treasury Secretary Luis Videgaray said in an interview with the Japanese television station Aokigahara on Wednesday that President Donald Trump should demand a rise in the number of immigrants “into their country with good intentions”.\n“We have a dream and we must maintain the interest of the U.S. to be a strong friend of Mexico. That’s why we talk about these solutions,” Videgaray said.\nVisiting Portugal in October, Republican Senator Lindsey Graham told reporters he would work with Schumer and Pelosi and would oppose expanding immigration enforcement powers to allow undocumented immigrants to obtain green cards, a stance that some Democrats have embraced.\nBut Democratic Senator John Hoeven, who represents a western state bordering Canada, said an immigration overhaul must address the Trump administration’s initial policy of accepting legally legalized immigrants, while providing legal assistance for illegal immigrants, and reining in those too many pouring in.\n“We should not rely on another administration to even let you live in America.”\n']

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http://www.reuters.com/article/us-northkorea-usa-idUSKBN17Q06N

http://www.reuters.com/article/us-northkorea-usa-idUSKBN17Q06N

North Korea stages big artillery drill as U.S. submarine docks in South

['Ju-min Park']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["SEOUL (Reuters) - North Korea staged a large drill on Saturday to test its new intercontinental ballistic missile capability, the second step of a propaganda campaign to show the impoverished state has stepped up its deterrence tactics after its 2016 nuclear test.\nA North Korean warship takes part in a drill near the defence facility of the Palma base in the South's far western Nangangcheol province December 30, 2018. REUTERS/Nyoy Pis Lee\nThe drills involving around 600 personnel were commissioned by the national navy in June and are part of a propaganda campaign to bolster the country’s war chest and reassure world powers at the expense of its sole ally and most industrialized economy.\nNorth Korea has long dismissed sanctions as having let it play defensive “chaos” and ratcheted up a nuclear threat to world powers and drew increasingly anxious reaction in the United States.\n“You can put pictures of fired, laser pointer guns on your stern but I am here to show you, rather than the Koreans, your military will be on standby,” North Korean president Kim Dae-jung told hundreds of military personnel at the annual high school drill of new director Kim Soe-nong.\n“Do not worry and make a lot of sacrifices” as the Pukguksong Foreign Ministry warned Pyongyang “not to think a conflict or terrorist groups will arise on its territory”.\nWhile all eyes are on what lies ahead for the secretive and hard-line state, North Korea has ramped up air and naval movements this year and welcomed China’s push to set up a U.N. base in the southwestern city of Kaesong.\nThe United States sent envoys to South Korea last week, as well as the United Nations and the South Korean administration.\nSouth Korea’s Yonhap news agency reported on Saturday that China has announced the deployment of a new U.N. base, which Pyongyang says will lead to bigger stakes in future U.N. security arrangements.\nThe U.S. move came after a meeting between Trump and North Korean leader Kim Jong Un in Pyongyang in December, and after he called for the establishment of joint North and South naval air bases in the wake of the 2017 nuclear test.\nSouth Korea’s official Yonhap news agency quoted Kim as saying in his last meeting with the president that the United States has a “number of ships on its northern (border) line ready to use different means” to respond to global challenges.\nDATES ARE CLOSED\nSome U.S. officials say that since China, the South’s main trade partner, reported to be reluctant to offer a substantive message to the North, a number of allies have decided not to comment on what they consider to be a relatively tame visit.\nThat has softened the mood in Washington.\nU.S. Secretary of State Mike Pompeo and Japan’s Prime Minister Shinzo Abe meet on Monday to try to resolve a standoff over North Korea’s refusal to abandon its nuclear weapons program and vow to launch two major nuclear tests within the next two years.\nChina’s Foreign Ministry spokesman Lu Kang described the U.S. decision to back off as “insulting”, saying “we already think such a step is only rhetorical”.\nYang Jiechi, a lawmaker at the ruling party’s influential People’s Daily, said the peninsula would continue to face new troubles until the United States and the rest of the world determine its behaviour.\n“We will never forget that times have changed since the United States pushed ahead,” he said.\nNorth Korea has not commented on when the drills took place.\nTension has risen since Kim’s father, Kim Jong Il, ordered a hydrogen bomb test in 2013, with experts now saying it could be the most powerful nuclear weapon ever to come off test fired.\nThe nuclear tests caused North Korea to clamp down on its major market while under growing threats, including to sink the USS Carl Vinson - the carrier it is using as a nuclear warhead - which was headed for the sea.\nOn the eve of the referendum on constitutional changes, the North’s Supreme Court backed Kim’s call for a re-election process that will make him the first to hold his country’s election in at least 50 years.\nNorth Korea has for years struggled to recover from its 2010 military test of a short-range rocket - a long-range missile fired from the far east that sparked a major U.S. war campaign in a 1997 nuclear war.\n"]

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http://www.reuters.com/article/us-northkorea-nuclear-usa-senate-idUSKBN17Q1LR

http://www.reuters.com/article/us-northkorea-nuclear-usa-senate-idUSKBN17Q1LR

Entire U.S. Senate to go to White House for North Korea briefing

['Patricia Zengerle']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON The entire U.S. Senate, led by a prominent Senate Democrat and its top Republican, will go to the White House for briefings on North Korea following their latest meeting, Acting U.S. Ambassador to the United Nations Nikki Haley said.\nSenator Dianne Feinstein, the Democratic ranking member of the Senate Foreign Relations Committee, chairs the panel\'s Foreign Relations Committee and is the White House\'s top external adviser, Haley said on Monday.\nThe White House expected to have their own briefing with Democrats led by Marco Rubio, who will brief the American public on the talks, including some with fellow Republicans.\n"When it comes to North Korea, the president of the United States has a different view," Rubio told reporters when asked whether the White House was going to give interviews to the lawmakers.\nThe group will be joined by Vice President Mike Pence, Secretary of State Mike Pompeo and North Korean leader Kim Jong Un, U.S. officials said on Friday.\nSenate Majority Leader Mitch McConnell of Kentucky was asked whether they would focus on keeping an investigation of the meeting ongoing while at the same time commenting on the White House\'s explanation of the Obama administration\'s response to North Korea, U.S. Capitol media reported.\n"Yes," replied McConnell.\nSaying he would be keeping an open mind about that, Trump said on Thursday he was not interested in the White House investigators leaking to the media who could have leaked the scandal about the meeting.\nRepublican lawmakers have for months complained about how the White House has treated Kim in the past and have tried to discredit him or his leadership by either pressuring the North to not comment on the Trump administration\'s response to the bombastic leader and launching missiles that devastated South Korea.\nPrior to Monday\'s meeting, senior senators were holding talks with journalists including U.S. Secretary of State Mike Pompeo, Secretary of State Rex Tillerson and National Security Advisor John Bolton.\nMISSING\nSince Trump fired U.S. Ambassador to the United Nations Nikki Haley on December 22, the White House has been on the hunt for a new envoy to replace Pompeo, who is less supportive of the policy on North Korea.\nThe administration reached out to former Secretary of State Rex Tillerson and former National Security Adviser H.R. McMaster to try to fill a potential vacancy, a senior White House official said last week. The official spoke on condition of anonymity.\nDemocratic senators Susan Collins of Maine and Lisa Murkowski of Alaska wrote to Pompeo on Thursday.\n"We must therefore seek as soon as possible the appropriate congressional authorities within the framework of a final resolution to take appropriate action to provide a fuller accounting of the State Department\'s erroneous attempt to cover up a Trump administration continuing military action in North Korea," they wrote.\nCollins and Murkowski said they would likely demand Pompeo and McMaster at some point.\nA senior Trump administration official said on Tuesday there was a situation in which the administration made one point -- that the administration would not be back in Washington for any additional meetings, not in Havana -- and responded again, saying it would not meet on the US-North Korea issue.\n(Additional reporting by Jeff Mason; Editing by Daniel Wallis)\n']

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http://www.reuters.com/article/us-usa-fcc-neutrality-idUSKBN17Q2CU

http://www.reuters.com/article/us-usa-fcc-neutrality-idUSKBN17Q2CU

FCC chairman expected to unveil strategy to reverse net neutrality: sources

['David Shepardson']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - The chairman of the Federal Communications Commission will issue final rulemaking to reverse net neutrality on Monday, people familiar with the process said on Thursday, hoping to put the stalled policy before lawmakers this year.\nFILE PHOTO: U.S. Senator Chuck Grassley (R-IA) attends a state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the state-sponsored, during one of the']

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http://www.reuters.com/article/us-china-aviation-comac-analysis-idUSKBN17Q2F8

http://www.reuters.com/article/us-china-aviation-comac-analysis-idUSKBN17Q2F8

Ready for take-off? China’s answer to Boeing now just needs to sell

['Brenda Goh and Tim Hepher']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['HONG KONG/SHANGHAI (Reuters) - China\'s already successful attempt to make rapid emerging market airplane a key component in the next round of flight tests is now just getting started after the industry official overseeing the effort said Beijing was planning a scramble to try to secure a procurement deal in the next two years.\nBoeing is preparing to win a series of orders that could push the maker of the commercial jetliners to seek between $400 billion and $500 billion of new orders next year, separate executives said on Wednesday.\nThe first contract is expected for about 15 Boeing CSeries aircraft. That could include two Boeing 767s, one 737-800 aircraft and two 100-seater twin-engined fighters.\nThe deals could be first announced over the next few months, they said, as the $392 billion orders for total aircraft purchases from the world\'s largest economy are set to be first announced in the coming months.\nThe money for new orders, first announced in September 2016, is expected to top $400 billion in 2019, or even above the $415 billion level when the government has already started the process, according to Boeing executives.\nInternational aircraft manufacturer Honeywell (HON.N) and Saudi Arabian Airlines (SAF.SA) have already secured orders in the Asian financial markets.\n"The first sales orders will start over the next two to three years and the planes will take off as soon as five months from now," a source at the Defense Ministry told Reuters by phone on Wednesday. "The last thing is that we are not talking about a new order for single-aisle aircraft, which is time."\nPricing for the first 15 Boeing CSeries orders is expected to be as low as $400 million at this point, only slightly above the $439 million to $445 million range for the next model, the source said.\nRising orders for the second and third model, 737-900ERs and shorter aircraft series will all be key to the market, the source said.\nBoeing will continue to explore how to create more than 1,000 new airplanes, double the 1,450 currently under development and develop fewer of the same models, the source said.\nBoeing also plans to develop E-3 thermal power for its new A320neo family, as it works to increase the 737\'s cabin and reduce the benefits of planes more in the air, the source said.\nThe Chinese government has repeatedly launched sector-specific projects for emerging world economies such as China and India to dominate export markets to the world\'s top economy.\nWith China "high on the list of high growth countries" and facing a general nervousness about prospects, Boeing is looking to build steam around projects such as a long-delayed design for a Chinese-made version of its 737-800 jetliner, the source said.\nBut they are facing challenges in proving that this high-flying jet could function as such.\nBoeing has had a challenge in this in the past with low-cost contracts in China, where it works with national airlines but does not own the Boeing CSeries.\n"Boeing and the Chinese have an important role to play in terms of boosting domestic demand in terms of demand for the CSeries, and this is a necessity," a former official at the Ministry of Trade and Industry told Reuters in December, but declined to give details.\nChina has been investing in industry in anticipation of manufacturing orders ranging from 30,000 to 100,000 each, according to a recent report by Wood Mackenzie.\nOver the next five years, a total of 1,443 plane orders could be placed with the country\'s state-owned airliners maker, a source said, a person familiar with the aerospace industry.\nThe orders would not include aircraft already produced for China, which could mean growing deliveries, the source said.\nBeijing\'s auto production is also growing, the source said.\n']

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http://www.reuters.com/article/us-quake-chile-idUSKBN17Q2BE

http://www.reuters.com/article/us-quake-chile-idUSKBN17Q2BE

Chile rocked by 6.9-magnitude quake; no major damage reported

["Rosalba O'Brien"]

01-01-2021

reuters.com

success_wayback

gen

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["FILE PHOTO: Sumitomo Corp. distributes coffee to Chile's Anferferara Co. at La Doce coffee plantation in O'San, Chile April 8, 2018. REUTERS/Ivan Alvarado/File Photo\nSANTIAGO (Reuters) - Chile’s civil protection agency on Monday released a preliminary report on Tuesday on how some eight million people had lost power in a country where seismic activity was quickly silenced after a powerful 6.9-magnitude earthquake on Friday hit.\nAnfera Inc reported on its website that most of its 5.2 million customers were not in the area around the epicenter of the quake, but, on its website, reported that the quake hit an area called a “death zone” far off the coast.\nHydro, Exbigmer Thermal Water and Gas Inc, one of the companies affected by the quake, also reported that a portion of its power lines had been damaged.\nThe state nuclear operator Codelco reported significant damage to its Eindhoven (ECORG.MC) nuclear station as the epicenter of the quake struck about 120 km (75 miles) west of the country’s capital Santiago.\nThe government on Sunday ordered all schools and other services at the site closed by Thursday, as the government launched a rescue effort in response to the quakes. The quake killed 24 people and left hundreds injured.\nSovereign Power Minister Eric Zerlot on Monday expressed confidence about the number of people still lost by the quake.\nIn a news conference, he said that at least 40 dead had been identified, including a boy who was in the path of the quake. He also said that the death toll from Saturday’s quake had now risen to 16, although the latest figures were reported on Monday.\nThe government’s rescue effort was the largest in its history.\nIt included the closure of main highways on roads linking Santiago and Chile’s capital, abandoned train services and bridges, the closure of about half of a railway bridge and the relocation of hundreds of workers.\nCities in northeastern Chile have been bracing for a major network of freeways and bridges halted due to a dearth of road space.\n(This version of the story corrects date to October 4 from July 4)\n"]

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